Casper Daily Tribune Newspaper, April 28, 1925, Page 8

; PAGE EIGHT Che Casper Daily Cribune "Ol: | NEW DEEP TEST OF ttandard of California Erects Rig for Deep Drilling on Structure Six Miles 7 South of Lovell, Report - aking the well was unsat pany and be cased off and tro! has “income Decline Shown by » Great Western Sugar Co. | e Great West vious season rs received any Finance NEW ONT HT TOO BAD TRAT VT 1 RAINING? WE CAN'T GO SHORPING | AND JUST LOOK AT | ALL THE BARGAING | —— J OSE sPoiLina at 5,600 feet. This’ we! summer. and considerable people by et wh several a a over the coun: | try as a big producer. However, the | t to the com- | well gotten un- ling was resumed an Alllg Chemica’ ‘ar and Foundry the compa: the year, the re for the 1924 for ricts and $8.00 in (Montana) Water Work | California ‘Pet. anadian Pacit | and 7 per cent above © completion | put was 104,757,470 feet, deep evand region Automobiles. ND.—Clevela: oil men. Th , is causing oducts. TULSA.—A predicted | runnin in pro-|week. In general, istrict. | ure running a Garb eld DETROI compan inthe first +E —Agents and a gain of 90 pe of cotton mills will] corresponding period of 1924. recently form: | year total production was’ 4,228. nmittee’ TI of the textile NEW ORL) | needed by. gr sugar cane, tru Dry Goods. r depart re benefit- Refrigerators, des of wo-|ice box built ' 8 Wear pa Vairy Products si ILLE, e. Bor compa f New York -will es — milk condessing Clothing. nd fe garments cal mar reased women’s ready of the West Coast ¢ w Lu relation the we ar F as 110,138,837 feet, This|to 50 per cent ahead of those of last cent ab ® production r nd Northwest Chicago, Mil, & St. go Ro 1. and Pacific c Coca Cola - Colorado Fuel | Consolidated Corn Prodiicts increase in de-| Guba Cane Sugar pfd. Mid-Continent Davison’ Chemical ~-. Du Pont de Nemours -. metal parts repor se to full capacity accessor mt oyer the Agricultural Products. > —Rain is badly ers of cotton » *k and strawberries. Wholesale and retail trade has slow- ed down owlng to the apprehension of the farmers over the drought. Kelly Springfield Kencott Copper - Lehigh Valley Mack Truck Marland Oi) - Max. Motors A - Mex. Seaboard Ol Mo., Kan, and Texas t week thru] DALTON, O.—The production of keen de-| Frigidair, the electrically the Delco Light com- + Will be doubled shortly. eee |} and orders now on hand for the 15 | ir models indicate sales of 000 ice boxes this year. National Lead New York Central ik and Western ~ North American = There are] KANSAS. CITY.—There: has 4 notable increase this month in de- nd men’s furnish plants an American ePt. B -. Pennsylvania - Phila and Rdg. C. Business Briefs | | plates Phalexcee CHICAGO, A reamery te; YORK, April 28—A new| > YORK, year way estab refined sugar market iner reduced lst to the basis of Britutr NEW YORK—M warded the $1.00 er novel y to the a ' _ pl nfan Yor presiaenrer ry rans Rep. Iron and Steel Reynolds Tobacco B ~ Lovis afd San Fran. Seaboard and Aid Line Sears Roebuck ~ Sinclair Con Sloss Sheff Steel Southern Pacific Southern Railway Standard Ol!, Cal. - —Potatoez— asked round a} err te | Butter and Eggs } 28.—Butter low- MARKET, Big Muddy -cee-eaneennnnceee 1100 | CRUDE Hamilton Dome -—— naan nnn NOtcheS - ------—— enn nn Plot Butte --a-n anna nenn ne LANGE 6 nee n eee Lance Creek Greybull - sense - seem 2.00 TOPChHE Dt 2 een 2.00 Wik Basin 2. ee esnnen 8-15 poe nnnn ee 2.00 | SUGAR | Foreign Exchang se neneeccee 1.60 oo SILVER - ernment | BRINGING UP FATHER ff SOUTH BYRON FIELD: THERES NO A DRESS TO a9 OUT AND And British Golf Policy Bullish. NEW YORK, April tion of the gold standard in Great Britain, the buoyance of-gterling ex- change and a renéwed demand for Investment securities imparted a strong tone to today's stock market. Public ulilities and high grade rail sharey led the advance, which was aided ‘by a rally in wheat prices and expectations of favorable United States Steel corporation quar- terly report. The close was strong. Trading, however, was in reduced volume, total sales approximating 750,000 shares. NEW YORK, April 23: ock prices resumed thelr upward trend at the opening of today’s market on expectations of a favorable earn: ings report by the United States Steel corporation,and a definite an- nouncement .regarding Great Bri- tain’s gold policy. American Can led the piyotal industrials with a one-point gain while the commer- cial solvents issues both sold at 100 as compared with yesterday's lows of 81, Subsequent operation revealed a revival of bullish sentiment but the demand was IMmited most- ly to shares of the specialty classes. A few of the representative {esues such ag Atchison, American Can and Mack Trucks developed a strong tone but gains of most of the stan- dard stocks were only moderate. Unfavorable earnings reports by some of the railroads were followed by contrasting movements, New York Centfal advancing despite its poor showing while Chicago ~and Northwestern reacted -to near the year’s low level. ‘Commercial ‘Sol- vents scored a gain of five points above last night's close while ad- vances of 1 to 3 points were register- ed by the B stock, United States Cast Iron Pipe, Federal Light and Traction, Utah Securities, Atch{son, Mack Trucks, Bush Terminal and La Clede Gas. Foreign Exchanges opened firm, Sterling advanelng fractionally to $4.82%. The market's stability, the selling Pressure inspired by the news of Hindenburg’s election and the an- nouncement of Great Britain's re- turn to the gold standard encour, aged an extension of bullish opera- tions during the morning trade. Pub- Me Udilities whose current earnings large. or in which favorable dly- idend developments are belleved to be pending, were particularly fay- ored, Federal Light and ‘Traction soaring 8% points. West Penn Power four ‘and American Express and Utsh Securities 2% each. Mo- tors and shippings also were !n good demand. Despite the recent gain {n department ard chaln store sales, S. 8. Kresge broke another 15 pointe to 355 following {ts 20 polnt break of the da Alr Reduction. fell b r U. 8. Cast Iron Pipe jumped 5% le Wheel, Gener c tional Business Machine afd Ar can Can sold 2 to 4 points | Call money renewed at 4 per c Under the spur of the advance in Sterling to near $4.84 and the buying of particular issues in anticipation of pending favorable developments the market was able fo ignore the Linfluence of a drop iA Commercial Solvent B, Daylson Chemical, Con- aileum, U. 8. Industrial’ Alcohol, Amerlean Sugar and Cu Sugar’ pfd. Western: Pacific pushed up five! po! ey easier; high rate 4; clos! 4; offered at 3%; last loan 3%; call loans against acceptances $3%; ti mixed collateral 60:90 days 3%: 4 months 4; Prime commercial paper s\@4. a Flour, MINNEAPOLIS, Minn., April 2s, Flour 20c to 20c lower, family pat ents $5.20@ bran $28@24.50. LIBERTY BONDS NEW YORK, April °8.—Libert) bonds clored: 3 1; first 4146 101,51; second 444 third 46 101.80: fourth 414 Go a 100.12 Br GOLLY - 1M GLAD It's, RAININ’- | SAVE MONEX- THEY.CAN'T <i T OUT- STOCK PRICES HIGHER AGAIN Steel Earnings Statements Restora-| J a Cane} People Gas, 8% and Burns| : Bonds :: Stocks :: Grain :: Livestock : S AND QUOTATIONS BY LEASED WIR: MWELLEWHATS He MAT TER WITH OU? | WYOMING OILS | ‘Quotations by Blas Vucurevich, Broker) 208 Consolidated Royalty Bldg. Bid Ask Western Exploration - 3.00 Consolidated Roya 1.00 Central Pipe line -80 E.-T. Willams - 13 semer AS ern States 14 Kinney Coastal 07% Columbine a) +09 07.08 Ot 05 04 05 04% 05% 01% 01% Pleardy. ~ 01 02 Atlantic Petroleum 01% .02 Great’ Northern - 00% 01 Quaker Ol - 00% 00% Preston Ol! 0053 00% Curb Stocks. Mountain Producers Salt Creek Producers -. Continental .. New York Ol Salt Creek 8S. O. Ind. LIVESTOCK: Chicago Prices CHICAGO, April 23.—(U. S. De- partment of Agriculture}—Hogs— 22,000; very slow; steady to 10c low- er; packers doing little; bulk better grades 160 to 220 pound averages $11.75@11.86; 149 to 150 pound Weight ‘mostly $11.40@11.70; bulk packing “ows $10.35 weight slaughter pigs largely $11.00 @11.35. Cattle—16,000; ted steers . trade practically at a standstill; bidding 25 to 0c lower; mostly 50c off; kill- ing quality medium to good; in be- tween: grades predominating. with Mberal sprinkling of good to’ choice heavies. Liberal supply of quality and condition to sell at $9.25@10.25; light heifers upward to $10.50; year- lings comparatively scarce; espec- ially good to choice offerings; she stock steady to 25c lower; slow; bet- ter grades fat cows showing most decline; little change in bulls; heayy bolognas mostly $5.00@6.25; vealers uneven; good to choice kind averag- ing 116 pounds upward 25c or more higher; others strong; shippers pay- ing $10.00%310.50; stockers and feed- ers comparatively steady. Sheep 15,000; fat lambs opening 25 to 35c higher; choiée handywelght $15.75@15.85; weighty kind $14.00@ 00d Nght weight navajos no clippers sold; best held above $12.25; no springers sold; fat sheep ahd shearing lambs 25c and more higher; good 97 pound clip- ped wethers $2:10; welghty ewes $8.00. , Omaha Quotations. OMAHA, April 28.—(U. S. Depart- ment of Agriculture)—Hogs receipts 14,500; slow,early sules léc to 20c lower, good and choice 170 to 275 pound butchers $11.15@11.30; top ‘at $11.40. Cattle receipts 9,000; fed steers and yearlings slow, uneven, 10c to ower; quality medium to good; © kinds: scarce, bulk early sales $9@10.25;° she stock steady; bulls strong to lic higher; yeals wealeto 50c lower; stockers and feederg are scarce, ; bulk butcher cows ¢ heifers $6@9; practical veal tops at close $8. Sheep receipts 8,500; lambs $15@15.25; ‘ed clipped lambs mostly $12. ing lambs $16, ib wean ae Sey arket Gossip NEW YORK, April 28.—Demand Ming advanced one cent to $4.83, © highest price in 10 years and than four cents from parity, n 15 yr the news Great Britain's return to the sold gtandard had been received here, W YORK, April 28.—Directors 19 United States Steel Corpora- declared the “regular dividend of 50c a share on the mon stock In addition to the reg- ac quarterly payment of $1.25 on the common and $1.75 on the pte; ferred hares, Extra dividends at rate have been pald since the first quarter of 1924, Total earnings of the corporation for the first quarter of 1925 were $39,882,002 compared with $30, 291 tp the final quarter of 1924 and $50,075,446 in the corresponding per- foc ar ago, A surplus for the tion for all tion today 10.60; strong GRAIN DEMAND ~—-(OOTRONGER May Wheat Marked Up as Result of German Export ‘ Purchases. : j aS CHICAGO, April 238.—Wheat took an early upward swing in price to- day, helped by reports of good sized purchases of rye for Germany and of wheat-for Great Britain, Besides indications pointed to only small de- liveries on May contracts here, the first of the month. Tho amount of wheat of contract grade in Chicago public elevators being reported as less than 250,000 bushels, Spectla- tive offerings were light and there was little activity on the part of commission houses, The opening, which varied from unchanged figures to 143c higher with May $1445 to 31.45% and July $1,36% to $1.57% was followed by a rise to 91.4744 May and $1.38% July. Subsequently higher quotations at Liverpool together with strength of sterling exchange and reports of British government arrangements for $300,000,000 credit in the United States had a further stimulating ef- fect on the wheat market. Wheat closed buoyant, 3% to 5%c net higher, May, $1.49% to $1.49% and July $1.40% to $1.40%. Corn and oats went up with wheat and as a result of diminishing sup- plies of corn. After opening un- changed to half cent higher, July $1.0515 to $1.05%%: the corn market scored a material advance all around. Later the corm market reflected the rise of wheat. Corn closed strong, 4c to 4%c net higher, July, $1.09% to $1.09% Oats started unchanged to quarter cent up, duly 413% to 41%, Later all months showed moderate gains. Provisions were easy in the ab- sence of aggressive buying. Open Hish Low. Close Wheat— May - 1.44% 1.49% 1.4415 149% July - 1.36% 1.40% 1.36% 1.40% Sept. 1.80% 1.33% 1.301% 1.331 Corn— May 1.06% 1.064% July 1.09% 5 1.09% Sept. 1,09 1.08% Oats— May 405% July Sept. Rye— May $1.08 1.0315 1.08 July 1.06% 1.0214 1.96 Sept. 96% , 99% .96% .99% Lard— May July Sept. ~ Ribs— May July Sept Bellics— May July 4 15.05 15. RAS s > EF CHICAG Wheat, num- ber 3 hard, Corn, No. 4 mixed, 99 No. 2 yellow $1.06:@$1.09 white 4@44%c: No. 3. white, 38%@ 40%c. Rye, none. Barley, 84@90c timothy 5.70@6.45; clove seed, + $14.75; ribs, $15.75; , $18. PROTECTION ON MAY DAY | PROJECTED | | NEW YORK, April 28.—rExtra po co guards will socn Le piaced on all public buildings, prominent churches. and residences of well known men, {t beaeme known todoy fas A precaution against possible ac tivities of the radical groups on May day. For some time special opera tives have been watching the a files of groups of radicals ‘who, {t was felt, might possibly be influ. enced by the recent outrages in Bul. garia. endian Flyer Hops Off Again \BUSHIRE, Persia, April Italian aviator Commander De Tir edo, who {s attempting a hydro.at:. plane flight trom Rome to Towio, departed for Bender Abbas, which te néar the southern, end of the Per cult, O82 TRALEE e @. a ive unchanged . HELLO - 1D THIS HIGHPRICE ANC COIWELL - THIS 15 MRS UIGGsS SEND OVER TWO RAIN COATS C.0 D. My OAUGHTER AND \ MYSELF WANT TO GO DOWN | HORRY &. DIRO THAT'S GOING MOTHIN’ m™ JOST IMITAT IN" A MOOS IN Banker Tracks prenistore ma Ul, 9 AND STATE eee Frank W.“ Aldrich; banker; of McLean, 5 1.3) whose § hob! anthropology,{is .on, his} wa Europe inj afnew/“scarch @for, traces of early man. representative fof, the} America: in) School sof ¢Prehistorich Research! 15 of the law and the appropriation of $125,000 for co-operative investi- gations as to the feasibility of that and other projects. (Contintied From Page Onc) ization seem to have taken posses- sion of Hanover and are celebrating 3 exultantly the election of Von Hin- Si f E d. At thei savoren rere. | OTL Hxtends & rants and cafes ‘4 te monarchist groups are yelling them- Ol B “t selves hoarse day and night shout- Wwe branc ing “Hail, Hindenburg!” singing pat riotie songs and imbibing freely. members of these ALLIED NATIONS there is an evident disposition among American as well as British and Ital- fan observers, to await developments] at the ministry of fore! in regard to the import of Hinden- burg’s election in Germany, there is] ment that the relations of the two & more or less confirmed pessimism | countries in the French circles over the event. Against the French view however, that it means an unmasking of Ger- militaristic ambitions construction blow to communism in G , As to apprehensions from an econ the | ister is a nef: Is a here believe the swing toward conse, WILOMG MONEY | | CHEYENNE 1S CHEAPER, CHEYENNE, Millis } Phinc ward Island, Canad: with Silver Foxes successfull; 1 |] breeding in y ston, Ore- \] gon, Idaho, Utah || Colorado and Wyoming, and |} for 16 years breeders of foxes || and other fur bearing animale, ———_____ Colored Dining Car Waiter Drops Dead CHEYENNE waiter whom Omaha, died train pulled e ORT THE TO PAY FoR. THEM GETS AWAY le = (Continued Brom Page One) || transpired relative to the proposed asper-Alcova Reclamation project As you perhaps have learned since your letter to me was written, Mead is not at, present in shington and ably will not turn here until the end of Meanwhile, however, things are progressin, sone may. normally expect in ernment affairs involv- ing ultimate vast expenditures of money, and three weeks ago a co- operative contract was signed on the part of the Unite¢ States which pro- vides that the federal government. and the state of Wyoming are each to furnish $5,000 for co-operative in- vestigation of proposed pumping projects, which would include pre minary work on the Casper-Alcova Project. “T asked the acting commissioner of Reclamation to cover. the above in a letter to me so that you might have something official, and I am enclosing herewith his communica- tion, which has just reached my hands. “This co-operative contract was by Gis | made possible by Act of December es 5, 1924—the celebrated deficiency bill which failed to be enacted in the 68th congress, Ist session, because of Senator Pittman’s filibuster, but was brought up by me and put through i liately upon the re- convening of congress last Decem- ber. I enclose herewith a copy af that law, although you have seen it heretofore, and bez to call your attention to the specific mention of the Casper-Alcova project on page “Very sincerely yous, “With kindest regards, Se WARRE (Signed) F. ws « To Jugo-Slavs BELGRADE, April 28.—(By The Associated Press) — The Bulgarian minister M. Vakarelski called today sn affairs and expressed the desire of his govern- should be most fr He will renew these declaratio: Premier Pachitch tomorr The gesture of the Bul; to counteract feel- a Slavia and Bul- of Bulgar Slavia had against Bul Kees in Jugo between J FUR FARMING A MOST PROFITABLE INDUSTRY Morrison of will be at the Townsenc uate vee * nsend Hotel Mr. Morrison -will be pleased to e information on this wonderful industry to all who ; e interested lis first Silver }] Foxes were take n the | wilds of Alaska and bred ithin AY ale of the Arc Cirele, where he spent 16 years trad. ng for furs y te | United States Office | 316 Cambridge Block, Seattle, Washington Appointment Made by Telephone ; Phone 2500