Casper Daily Tribune Newspaper, May 18, 1925, Page 8

PAGE EIGHT = | Oi ] : Finance GROWING CEMANO FOR GASOLINE AEQULTS IN EXPERIMENTATION Chemists and Engineers Busy Over the World | Seeking to Invent Cheaper Liquid Fuel: Several Discoveries Made. BY | ©. ROYLE ht zineers 1d o revolu ogress boat ity pro- of C: The Ford compan3 is similar to the famous model pe used for years in,¢he Ford 1 he transmission has le but ed to cut out the low gear only one speed forward ie. This ine has suc- used a distillate composed and 70 per will be in @ great por- e the year matured ying Unes, be more exten hands. ‘The just returned a deep water he practicabil- al production of bro- has water. The ship ¥: floating laborato: the B. {Dupont ny for the Ethy! Gasoline corporation of New York. Bromine, which {s the only Nquid non-metallic element known to chem- istry, 1s used in the manufacture of tetra ethyl lead devised for, mixing with gasoline to provide greater ef- {n, motor fuel. The jvessel as been put of commission be- se the Ethyl on has determined to offer none of the chemical for sale pending a report as to whether its use ts dan- gerous, The question will be taken up May )20 by . Surgeon General Cummings tn Washington, Nevertheless the! operations of the floating, factor: oved the manu- factife of bromine from sea water entirely practical “and: satistactory, Heretofore. production of bromine in the hands of Germany. The jement is avidely used in photo- hy and ita discovery in sea water ends the German domination, Acroplanes he Internationa company will start an *¢ service between Detroit ‘eweland, June 1, It is understood snough contracts have been made assure success of the venture. DETROIT Vegetab'es NEW ORLEANS—The area plant- in siana to vegetables and ear is estimated at 59¢ erial increase over Lumber PORTLAND—The mills of the West Cr Lumbermen’s asoscia- tion last week produced 105,655,440 feat, sold 107,973,108 feet and shipped 115, 908 feetot lumber. Railroad Equipment IRGH—Sucecess of the he huge electric locomotive bullt by tinghowse Electric for the Virginian Railway induced West- Inghouse officials. here today (o pre- i the section to be electrified in f operation before June Commodity, Trade News ‘ } | t METALS 3% NEW YORK, steady, 19%. Tin steady, 64.37; futures 64.12. Iron steady; No. 1/northern $20.00 @20,50; No. northern” $19.00¢ $20.50; No 2 southern $20,.00@21.00. Lead steady; spot $7.901%48.00. Zinc stead . Louis spot and futures $6.90@6.95. Antimony, spot $17.50. May 18.—Copper Blectrolytic spot and futures and Spot nearby POTATOES “*} CHICAGO, May Potatoes re- celpts new 61, old 1 total U. S. shipments Saturday 863; Sunday 168; trading fair; markett dull; Wis- consin sacked round whites $1.10@ 1. Michigan and Wisconsin bulk round whites $1.10@1.25; new stock trading slow, market weak on sacks, steady on barrels Dawes Refuses Vice.Presidential “White House,’ Rents Next Door After a long search Vice president and Mrs. Charles G. Dawes, linve selected their Washington home (above). Jolin B. Henderson, W Mr. Dawes refused ta oceupy it, as ‘helow) erected by Mra. asa home for vice presidents. aid his predecessor, Mr. Coo)idge. Jt adjoins the house hington woman, 0 next few,| passenger | WHAT KIND OF A FISH JSTTHATT NOU' CAUGHT?) | oe \ American American American American American fa Water Works Woolen ~.. Copper American Anaconda ldwin Locomotive Baltimore and Ohio ~ Bethlehem ‘Steel California Pet. Canadian Pac. Central! Leather. pfd. Congoleum lidated Gas rn Products Crucible Steel” Cuba Cape Sugar pfd. Mid-Contnent Pet. Dodge, Brothers. pf Daviaon Chemical ~ Du Pont de Nemours -. Erle ----. Famous Players - General Asphalt — General Electric General Motors ex div. Great Northern pfd. Gulf States Steel Houston. Oil MMnots, Central --. Int. Harvester -. Int. Mer, Marine pfd. Kelly Springfield Kennecott Copper Lehigh Vali Louisville and Nashville .. Mack Truck .. Marland OU .~. Max Motors A Mex. Seaboard Ol! .- Mo., Kan. and Texas Missourl Pacific pfd. Montgomery Ward - National Biscutt ~ . ¥., N. H., and Hartford Norfolk and Western North American Northern Pacific - Pacific Ol. Pan American Pet Pennsylvania ~~ Phila. and Rdg. C. and I, Phillips Pet. Pure Ott B Reynolds ‘Tobacco B «.. St. Louis and San Fran. - Seabourd Aid Line Sears Roebuck nelalr Con. Slows Sheff Steel Southern «Pacific Southern Jtallw Btay Standard Ol), Stewart! W Studebaker Texas Co. Texas and Pac Tobacco Products ~ Transcont. Ot! Union Pactfic United Dru S, Cazt Iron Pipe - 3. Ind. Alcohol -- . §. Rubber — :- 8. Bteel -. Utah Copper Wabash pfd. A Westinghouse Ei Willys ‘Overland jectrio lower; LYONS, Heunve was teclectéd Muror of Bonds | BRINGING UP FATHER 1 DONTT KNOW: A MAN 1S COMIN’ TOOAY TO TELL ME- { HADIT FIXED UP AN’ PUT ON THIS BOARD ILL HANG TIN THE TT, LIBRARY - 5 © 1923 we Ine Cerro de Pasco-. Chandier Motor Chesapeake and Ohio -...-.-. 87% Chicago und. Northwestern .. 66 Chicago, Mil and St. Paul pfd 11% chicago, K. I. and Pacific -.. 46% a * 5 be Eggs lower; receipts 3 j Weeotworgy ict => 16% | rests 31@3} Ke! ordina | storage packed extra f ppsmesummpeny YC: | {CRUDE MARKET } NEW $.—Liberty | £ bonds closed firs 44s Pr goers oa itt 102.5: ond 4 third 44m Sunburst 2 ck 1,40} 101-25; fourth 4%e 10215; U.S. Hamilton Dome 1.08 | governme BALD ay itt Cerrls . ------—-------~--——-~ 1. BS TON anne neen nnn nnnnrnnnnnne 1.80 Bu s Pro ert | Notohes ~ =. a's y Dp y | Plot Bette -. aecncccceceee 1, laste.) On Faith In | Cat Creek -—-—------------- 2.10 | 7 Lance Creek -n-wanenennone= 2.16 . Osage aa nnemnnnnnn an nnn= B10 | %o 5 Grase Creek, light —.—------- ¥.16 | City s Futw e| Gresoull ~ ----ssane---nennnee 2.00 TOrebiig nt - e—-aeanamnennma 2.01 a Hk Basin .2.te-- eee wee 316] Faith In Casper and this vicinity Rock Crees © Ls. -seccanenne. 4.00 was again expressed by J. C, Austin, Salt Creek -.--..--—-—---——- LO ]of ¢ United States Reclamation > CHICAGO, Moy 14.—Poultry, alive, Dryor Fearune Service, Inc STOCK PRICES 42 $4.85, -109%B} Accumulation of surplus money, 38% | reflected in the lowering of the call 84% J loan renewal rate to 3Xc, stimulated 79% | the forenoon trading and the entire 53% | market swung upward under the director's of $50,000,000 in t $4 las V 58% | back. » from last week's Che Casper Daily Cribu Stocks 19 THE FISH SHOW TT TO SHOOT UEWARD Public Utility and Motor Shares Lead; Low Money Rates Prevail Stock prices shot forward today | under the vigorous leadership of the public utilities and motor shares, many of which soared to new high levels for the year, Continued low money rates provided the incentive for investment buying, and the gen- eral advance was accelerated by fa- vorable trade news and bullish dem- onstrations in the high-priced is- sues, Sales approximated” 1,400,000 shares. The’ closing «was strong. NEW YORK, May, 18.—Conflict- ing price inovements matked the opening of today's stock market, al- though initial gains were recorded by a number of the motr accessor- fey issues in-which speculative oper- ations were resumed. Motor Wheel rose to a new high price for the year and the other low priced issues were active. Realizing was evident at the start in American Can and other standard leaders. The market made better headway as trading expanded unger the im- petus of an influx of outside buying orders for public utility and special- ty shares. Several seasoned dividend paying rails and industrials, such as Union Pacific and Dupont, also at- tracted buying interest and moved up in the morning business. Nash Motors scored an early gain of 9% points, crossing 385 to qa new high price for the year. Before the end of the first half hour new 1925 peak prices had been set by a score of stocks, including Mack Trucks, Bush Termi American Water Works, Motor Wheel, Union Bag Paper and Advance Rumley pfd., on gains rang- ing from 1 to 3 points. Foreign ex- changes opened lower with sterling leadership of high priced stocks into which Investment of funds flowed freely, Extension of super-power systems had a tonic effect. in’ the public utility group and the steady expansion in the motor industry con- tinued buoyance of the automotive shares. Nash Motors before noon had soared 18% points to a new poak at 394. Mack ‘Trucks stretched {ta early gain to 4% points. West Pennsylvania power and Utah se- curities were among the conspicuous strong spots in the public utility Ust; selling 4 to’ 6 points higher at midday, Chesapeake and Ohio and Frisco preferred rose to 1926 top prices but Frieco common sagged oft on protit Reactiona: out In certal ternoon tradi m five pointe closing figu Motors tles maintained a and specials strong tone Butter and Eggs service at Pathfinder dam last week when he purchased two houses and lote on south McKinley street. The doal was negotiated through the See | Sen Realty Austin owns sever erty and 4 now tn the now NEWS AND QUOTATIONS BY LEASED ' WELL - WHERE ne Grain OUST A MINOTE - ILL BRING 1 T P} } LIVESTOCK LIVESTOCK—Markets -- CHICAGO, May 18. * De- partment of Agriculture)—Hoge 20,- 50c higher pack- good and pound weight top $12.30; packing | $12.50@11.50) majority 100 to pound slaughter pigs $11.15@ heavy welght hogs $12.5 slaughter pigs $11.20 @11.25 Cattle 19,000; better grades’ fed steers and yearlings, kinds of value to sell at 9.50 upward steady to strong; spots shade higher, lower grades more numerous, weak, spots 10 to 15 off; early top yearlings 11,00; medium weight $10.85; bulk fed steers and yearlings $8.75@ 10.50; She stock weak to 25c lower; in between grades fat cows showing most advance; bulk $5.50@7.50; ght helfers ‘mostly $7.50@9.50; bulle bo- lognas $5.25@5.63; vealers uneven; mostly $10.00 downward to packers. Bulk $9.00@10.00; few to bidders upward to $10.50; stockers and feed. ers weak to 25c off; supply more Mberal than a week ago; country de- mand narrow. Sheep—Receipts early sales around cally no sheep on sale; two doubles of feeding lambs steady at 13.60; seventy head of good native clippers $12.50; short deck heavy springers $15.25. 22,000; slow; few 25c lower, practt- OMAHA, Neb,, May 18.—{U. 8. De- partment of Agriculture) Hogs 7,600; enrly sales to shippers and yard traders 35@50c higher; packer market mostly 25c to 35c higher; de- sirable butchers 180 pounds and up $12@12.35; bulk of all sales $12@ 12.35 top $12.25; average cost Sat- urday $11.70, weight 224; average for the week ending May 16, $11.82; weight 250. Cattle 6,500; fod steers and year- lings slow; uneven, weak to a quar- ter lower; mostly 10@15c lower; quality mostly medium to good; bulk $9@ 10.26; she stock weak to 10@15¢ lower; veal 25@50c higher, bulls slow, steady to weak; stockers and feeders slow steady; bulk butcher cows and heifers $6@9.50; ight heif- ers $10; bologna bulls » $1.50@5.15; practical veal top $9.50; early sales packers and feeders $6.25 @6.86; some held higher. Sheep 5,500; all classes steady; top California springers $15.50; bulk wool lambs $15; best clipped lambs at $12.75; no choice ght shorn lambs Included; shorn ewe top $8. DENVER, Colo., May 18.—{U. 8. Department of Agriculture}— Hogs receipts 1,100; mostly .40¢ to 50c higher; top $12.60 for two loads 233 to 243 weight two loads averaging pounds $12.50; packing sows fully higher; mostly $11; pigs higher; fat kind $10.50 to $10.7 Cattle receipts 1, tive; fully stead gher; other cla cows $8.25 old yearling steers . $9.85 calves 50; ac- fat she stock es steady, chol good helfers $8.75 to $9; bulls “$7; 1,125 pound eral $8.40 loads sit no ¢ Be! to double Call by Bias Broker) 208 Consolidated Royalty Bidg. (Quotations Vucurevich, Western Exploration - 2.25 -'1.00 5 Consolidated Royalty Central. Pipeline © T, Williams Bessemer 10 Western States 12 Kinney Coastal 084 Columbine - 6 Jupiter Elkhorn - 6 Domino --..-- 04 Royalty Producers 04 Sunset 00% tT rdy one cnee 01 Atlantic Petroleum 01 Great Northern 00% .00% Quaker Ol! —. 00% 01 sion Oll 00% 00% Curb Stocks Mountain Producers ~~ Salt Creek Producers Continental . New York Oil Salt Creek Consolidated 8. 0, Ind. pebbanga te tots bee a W YORK, May 18 Wyoning ofl at 2 p.m. today were Usted on the New York curb as fol- See Tow WHEAT PRICES Decrease in U. S. Visible Supply Smaller Than Was Expected CHICAGO, May 18.—Wheat. prices declined sharply today in the Inst hour. A decrease of 2,860,000 bus! in the U. S. visible supply total was smaller than expected. The wh market closed unsettled, 1c to 2%c net lower, May $1.69% to $1.9% and July $1.51% to $1 Further upturns ensued but dis- appointment over smallness of the United States visible supply decrease led to much selling and to a decided reaction in price. showed particular strength, previous sellers of that month being uneasy in regard to apparent liklihood of a scarcity of wheat avatiable here to fill current contracts. New crop de- liveries were influenced a good deal by the action of May. The opening which varied from unchanged fig- ures to 1%c higher, May 172 to 72% and July 153 %to 158% was followed by some wavering and then by a rise of 182% for May and 154% for July. Corn and oats were relatively easy. Pit speculators favored the selling of the corn market and there was no aggressive support from buyers. After opening at %c lower to %c higher July 116% to 116%, corn sagged all around to below Satur- day's finish. Oats sympathized with corn. Start- {ng unchanged to %c up, July 45¢ the oats market later underwent slight losses. In line with hog values the pro- vision market was firmer. E CHICAGO, May 18.-With reports of crop damage by frost in Canada and with the Liverpool stocks of wheat said to be decreasing repldly, the wheat market here took an early upward swing today, May delivery Wheat— “Open High Low Close May ---- 1.72 1.74% 1.69 1.69% July ---- 1.53@ 1.55 1.51% 151% Sept. ---- 144 1.45% 142% 142% Corn— May ---- 1.13% 1.13% 1.12 1.12 July 1.16% 1.16% 1.14% 1.14% Sept. ---- 1.14% 1.14% 1.13% 113% Oats-—- May - 45% 34% 43% July - Ab AB% 44% Bept. -. 44% 43% 44 Rye— May ---- 122 1.23% July ---- 112% 1.13% 1 Sept. ---- 1, 1.05% 1 Lard— May - July 17.00 17.00 17:10 17.10 17.40 17.40 19.80 CHICAGO. red, $1.9 ‘Corn—> yellow, $1.17 Oats—No. white, No. 3 white, 44% @46%e. 47% @48 tae; Timothy seed Clover seed—$1 Lard—$1 Ribs—$17.0 Bellies—$19 @6.75 00@ 25.00. [~~ MONEY, a | eee LONDON, May 3-164 per ounc NEW YORK, exchanges stead 18.—Bar silver 31 Money per cent. May Foreign Quotations in cents: ( ain demand 485%; cables: 485%; 60 day bills on banks 481. France demand 5.19; cables at 5.191. Italy demand 4.061%; cables 4.0 elgium demand 6.031%. Ger- many 23.80 NEW YORK oney teady, high 3% = rate i closing bid 3%; Offered at 4; last loan 3% NM loans sgainst accept Ime loans steady; mixed collateral 60-90 days 3%; 3-6 months 3%@4; prime commercial paper 3% @4. SAN FRANCISCO—Western Pa- cific Railroad has net corporate tn: come of $1,320,264 for 1924, the an- nual report shows. rd Oll (Ind), 65%: Moun tain Producers 21%; Salt Creek Pro cucers 26% | — Cotton NEW YORK, , May 18—Cotton spot st middling $2.5 CAMBRIDGI ment was made M aA pnounee stablishmen: Harvard by honor of phe haries Ellet Norton of a chur Mr 8 late P ‘ofessor ¢ ite, a ea 925 MONDAY, MAY 18, 1 Livestock :: All Markets n for The Casper | OUR CAT MASE A MEAL OUT OF MY ath RID OF HIN - By ROBERT MACK (Copyright, 1925, Casper Tribune.) WASHINGTON, May (16.—The radio section of the department of | commerce is preparing to equip a | moto. truck for a three months’ tour {a search for Colliding broad- cast The truck probably will be start- ed from Detroit within the next. few weeks aad after touring the imme- diate vicinity, will cover a good part et the Great Lakes district. Spe- clal apparatus designed by the bu- reau of standards for . measuring field intensity of super-power sta- tions and aiso other sensitive re- celvers and loops will be loaded on t'e truck recelving detector. A fleet of these motor trucks, un- der the radio section plans, would have been scattered throughout the United States this summer to con- FISH AN’ ('M GONNA | bune by George McManus GO AKEAS MEVER -~ O LiKe ‘SPECIAL TRUCK WILL SEARCH FOR BROADCAST INTERFERENCE duct a study of interfer Fail ure of congress to make appropr’a tions upset the elaborate plan. It is pointed out today by depart ment officials that the specially equipped motor truck is by far the best means for tracing radio inter ference. . Careful reports will be made on the research work of the Detroit truck and will be used as the basis for again asking an appro priation by congress this winter. With the coming of super-power, it was said, constant attention must be paid to the conflict of the broad casting stations operating on higher power, WCAU, Philadelphia, has begun operation on a new wave length— 248 meters. Its former wave con flicted with that of several other class A eastern stations. ROTARIANS Vo. WOMEN'S TEA (Continued From: age One) Geovee B. Nelson, secretary of the ely: , then read the challenge which was signed by ‘jertrude Kamps, bus- Iness manager of the baseball team of the fair sex. The terms of the challenge call for a five-Inning game. An admission will be charged and the proceeds used to swell the edu- cation fund of the Business and Pro- fessional, Women’s Club Last year the women's club helped to put two girls through college-and are sponsoring the education of two. girls this year. The B. P. & W. club hopes to raise sufficient funds to help four girls through school during the next school year. This is a very worthy cause and the girls helped are ones who could not other wise obtain an education because of lack of financial means, W. F, Wilkerson moved that the challenge be accepted and a commit- teo appointed to decide on the lineup for the Rotary baseball team. A. E. Stirrett, W. J. Chamberlin and W. F! Wilkerson were appointed on this committee. Mr. Nelson read two post cards which he received from Earl E, Hanway of The Tr!bune who accora- panied the Pacific fleet of the Unit- ed States navy in recent Hawallan maneuvers. Mr. Hanway attended a Rotary ,Club luncheon in San Francisco and also in Honolulu, Roscoe Conkling Fitch of The Trib- une has been a guest at the Rotary Club luncheons during the absence of Mr, Hanway who ts chairman of the publicity committee of the Cas- per Rotary Club. Mr. Nels read a communication from the district headquarters of International in which {t tated that the.local Rotary | an had‘a splendid attendance ring the past f s of the club were Dr. Dr. L. L.. Jeffries, n Canfield of Sheridan, w months ames and Sherm It was decided to present the Ro: tary club medals to high school students» who won out in various events at a high school assembly. | W. 8. Kimball and A. A. Slade will jhave charge of the presentation | ceremontes, | Hen Robertson read a very enter- | taining c'assitication paper embody- jing his life history wht great interert, Mr, Robertson reé viewed the history of road pave- jmenta from the time of the supre- |macy of the efty of Babylon down to the present day Ben Pelton, chairman of the pro- gram committee, passed out examin- ation papers on the objects of Ro- tary, Every member was required to answer ten’ questions. A. A Slade and Rev. P. K, Edwards will grade the papers and the results will be announced at the next lunch h proved of EXCERPTS First Presbyterian. Rey. Chas. A. Wilson, D. D!, Minister Subject, “Labor and Leisure.’* ‘Within recent years the number employed in the United States on a twelve hours a day schedule has been reduced to 300,000. It is said that the time Js not far off when the great mass now laboring eight hours per day will be on a six or even a four hour a day basis. Mechanical devices, specialization, and increased skill, are greatly reducing the time necessary for a given amount of work. Shortening hours awaken Questions as to what shall be done with increased hours of leisure. As idleness is related to morals, an in- telligent and profitable use of leisure becomes a question of increasing concern. That lesiure hours may be put to exceedingly great profit is evident; that the time is coming when education for leisure will be Necessary is also evident. Among all ages there is peril in idleness. It has been wisely said that 7 p. m. is the zero hour with young people, and that thelr character becomes manifest with what they set out to do at that hour. School work ts over the day's work is done, and now some diversion must be sought. Many a fine and pable workman finds it difficult to get safely past a holiday. Employers, particularly in large cities, have found this to be a real difficulty, and with sympathetic friterest in their’ employes have sought methods and measures of avoidance. It {s possible to turn leisure hours to fine objectives of pleasure and improvement: to make a valuable Anyestment of surplus time. Reading the y eat books, investigation ¢ al and public questions, pl though scope of act of leisure hi aste of time in any ende thing would greatly improve the economic condition of today would be a revival of the Joy of production. To accom Plish results in the shortest time, te do one's work well and to do it with gentine interest, and a joyful spirit is commended | tr With . th r former president of the Dort Car company, died while p go'f. ——___ e than 20,000 women and girls are employed ax telephone operators, ——_____ More than a third of the rubber eon meeting boots manufactured tn the United ates are made in Massachusetts. |The SALE OF ALL SALES Starts Wednesday, May 20- at 2:30 A. M. Full details in the Four-Page Frantz Shop Advertisement in TODAY’S TRIBUNE. ni Ee ea