Casper Daily Tribune Newspaper, August 4, 1925, Page 8

PAGE EIGHT GOOD BUSINESS IS MARKED UP IN WEEK Many Factors Contribute to Improvement in | Conditions During’ Last Seven-Day Period, Royle Declares. is moving ep and hog Steel is tn re mand, considerin, Lumber produc- r new orders. The ne at capa- > Influences are re- wool trades. ed the anthracite wage be settled without extend- i But the {ndications be broken off © not encourag- ers, The fact ntervention . {s ‘e sentiment and even the rocall of Secretary Hoover from ‘California to deal with this situation has not sufficed to obviate the discourage- ment. The department of commerce has given vigorous support to the move to force England to allow larger | Ing more optimistic | The head of concerns, how- that the Steve: industry from a ance resulting, from re f growers to make a market requirements. are being Nghted in v s. ‘This better- y noticeable in the Nez and in the Birming- Lumber production {s uo in the south and es are stronger and s improved materially “Consumption: of > power has now come to be dered a new yard-stick to mea- {ness conditions, Nota sin- gle central. station in the last week récorded a decrease in tho amount t furnished its customers, ‘ar as be last month in Pennsylvania, one uction of rubber, Mahontn, ham di being speede The of the great manufacturing states, shows an increase in the amount of power used reaching nearly 25 per cent The motor industry has profited materially in the last week from the tremendous orders for busses and have come on the trucks which market. Rubber MALDEN, Mass.—The Converse Rubber shoe factory is running. at y on an order for all tires y the city of New. York this State « rachusetts has ale placed a large order. Dry Goods NEty ORLEANS—A steady im- provement is noticeable in the dry- goods trade here, both wholesale and retail. Hat and clothing manufac- turers report the largest sales«in years and jobbers’ sales are 40 per cent ahead of last year. Central) America’ has been a. big buyer. Pottery CLEVELAND—Most’ of the pot- ed running ol! through its 95-mile pipe line from Smackover to Grand Lake, ‘Ark., on’ the Mississipp!, where it is taken by barges to the company’s refinery at Baton Rouge. The line has a dally capacity of 24 {000 barrels and csst $1,000,009. CHESTER, Pa.—Extensive addi- tions to the plant of the Pure Oil company at Marcus Hook, which will add great! capacity: of: the refinery, completed in October, Soft Drinks ATLANTA—Hot weather, prohibi- tion and-chéap.sugar are combining to give southern soft drink manufac. turers the! best business, in their will be tery plants of the state resumed operations this week after the usual July suspension. Some of the plants closed down only four days this year, Dairy Products DENVER.—Declaring that the drought and present prices threaten them with ruin, Colorado dairynien, through thelr cooperative associa- tion, are conducting a campaign to boost prices two cents a quart. Oil SHREVEPORT — The Standard Oil Company. of Louisiana has start- history, The plants even in the rural districts are working night and day. * Automobiles DETROIT—The Detroit afotor Bus company ‘has addéd:60 netr six- wheel vehicles.toits fleet and has 150 more ‘ordered for delivery next year. i : 5 phi ad ’ Coal ST. LOUIS—The Cosgrove-Meehan coal company is spending $125,000 at its plant near Panama, Ills., for an electric generating station to pro- vide: power for the mine which em- ploys 650 me Business Briefs BUFFALO—Buffalo bank’ clear- ings exceeded a quarter of a billion dollars in the last month, the high- est record ever made in’the history of the city’s financial Institutions, representing a gain over July, 1924, 6,199, or 29 per cent. ROUGE—The state high- willy award ~ con- way pmmisston tracts for $300,000 worth of highway on in the latter ~part -of Ore.—Building con: | struct {zed here in the last seyen months showed an increase of 47 per. cen‘, as compared with the lke period of last year and totaled | $25,119,440. . LIVESTOCK Chicago Prices, CHICAGO, Aug. 4.—{U. S. Depart meér of Agriculture.)\—Hogs—Re ceipts, 14,900; dull; early sales to shippers and yard -t tigher than Mond: to 2c up = outlet | packers ger y inactive; | od and choice 140 to 210 weights, $14.10@14.45; top ulk packing eow weight Ughtrli og#, $1 @14.45; packing wows, $11.80@12 slaughter , 5. Catt! strictly choice fed 1 weights, scarce, strong: oth slow; about steady with Monday's decline; long year- lings sealing 970 to 1,146 pounds at $15 new h on young steers; heavies held around $15.60; lower grades prédominating; run including about 50 loadg of western grassers; better grades fat cows and heifers in demand; bulls,’ steady: vealers, teady to 25c higher, mostly $15.60@ 0; outsiders, $13.00 Shéep—Receipts, 10,000; tat lambs, fairly active; unevenly Jstrong to ighér; bulk natives under light sort to packers, $14.67915.00; few loads of well sorted to shippers and city butchers, $16.25@15.40; one band of good Wwestetns sorted around 60 per nit, $15.00; few eatly sales of fat >. steady to strong: few loads of on country 11,000; gull; good-and choice medium and Nght butchers to shippers steady to 10c higher; other classes to pack- ers uneven, mostly 10@15c’ lower: sorted 149-200’ pound selections $10. @ 13.60; choice medium weights up to » Which is top. Rough sows 25; smooth up to $12.65; bulk of all sales $12.35@15.60; aver- Cattle—7500; fed steers and year- lings moderately active; strong to Se higher; bulk fed, steers $10.50@ few loads up to $14.25; ings and medium ‘weights feeders a cake stockers and Nebr: $5.00@6,60; can- $2.60@3.60; bologna ctleal veal ‘top $8.00; stockers and ,feeders $5,75@ $.00; stock helfers $5,006.10, Sheep—§.000; lambs-strong to 25¢ higher: bulk fatirange lambs $15.00 @15.25; natives $14,50@15,00: steady; early ewe top $7, 15@25c -higher; early sales range feqding lambs $14.25@14.60; feeding ewes $5.50@6.50. at-! ascertained here. | | | | | Oil :: Finance :: Bonds to the productive | | POTATOES cH Aug. 4.—(By The Asso clated Press)—Potatoes receipts 73 cars. total U. 8. shipments 323; trad ing fair, market steady; Kansas and ked early, 2.80 according to the quality and condition; Idaho and Colorado sacked cobblers mostly $ few Minhesota sacked 0; few $2.50, early Ohios $ SUGAR NEW YORK, Aug. 4.—No changes occurred today in refined sugar prices which ranged from $5.20 to $5.40 for fine granulated. With- drawals on old contracts continued fair, but new business’ was light. Sugar futures closed stéady. Ap proximate sales 41,000 tons; Septem: ber December January 2.75; March 2.78; Ma, Butter and Eggs | CHICAGO, Aug. 4.—Butter, high- or; receipte, 20.558 tubs: creamety ex &. De- ive)-Hoxe— canes. aundards, 480 ' om zed Allis Chemical and Dye Ameécein American American American American American American American American Anaconda Atl. Coast Line Baldwin Locomotive Baltimore and Ohio . Bethlehem Steel - California Pet. -. Canadian Pacific Central Leather pfd. -. Cerro de Pasco -.. Chander Motor Chesapeake and Ohio - [pe Casper QValip wrioune IVE GOT TO POT my HEY KID? Whice ATTEMPTING To SELLA SURPLUS OF POSTAGE STAMPS FOR THE MAGIC MOD CO, POLICE JAILED CHICK THINKING TOBE | A MEMBER OFA @ GANG OF POSTOFFICE ROBBERS Can Car a1 Foundry - Locomotive ~ Sm. and Ref. Sugar -- Tel and Te! Tobacco ‘Water Works ~ Woolen Chicago and Northwestern .. 66 Chicago, Mil. & St. Paul pfd.. 15% Chicago, R. I. and Pacific --. 46% Coca Cola 139% Colorado Fuel - Congoleum-Nairn Consolidated Gas - Corn Products Crucible Steel - Cuba Cane Sugar pfd. Davison Chemical Dedge Brothers pfd. - Du Pont de Nemours Electric Power and Light ctfs. Erie First pfd. Famous Players - General Asphalt -. General Electric General Motors - Great G H n Independent. 0. Int Int. Ir K K Lehigh Valley - Loulsville M M Mi M M M M M Nat. Pacific Pan American Pe} Pennsylvania - Phila, & Rdg. Pp Pure, Ol - Radio Corp. Ri R ‘St. Louis and San Fran, - Seaboard Air Line - Bears Roebuck ~ $i Southern Southern Rallwa Standard Standard Oil, N. Stewart Warner Studebaker Texas Co. - Texas and Pacific Tobacco 7 uv vU. U, v. Uv. Wabash pfd. Westinghouse Wits Ww a ‘ew !York Central -- ‘orth Northern pfd. ulf States Steel udson Motors nots Harvester ~ at élly ennecott Copper and Nashville gok , Truck arland Oil - ‘ax. Motors B ex. Seaboard Oil {d-Continental Pet. o., Kan, and Texas issouri Pacific pfd. ‘ontgomery Ward - Biscuit - t. Lead - Y., N. H. and Hartford - ‘orfolk and Western American orthern Pacific ~ oul C. and I. - hillips Pet. eading - ep. Iron and Steel - eynolds Tobacco B inclair Con Oil ~ Pacific «. on, Ca Products anscont. Ol! nion Pacific S. Cast Iron Pipe - S. Ind Alcohol ~ S. Rubber 5. Steel Over'and DOWN IN THID HOUSE - THE EXPENSES ARE. SETTIN' TOO Hic - C'MON UPSTAIRS- THE CHIEF WANTS “To TALK To YOU Stocks NEWS AND QUOTATIONS BY LEASED | BRINGING UP FATHER “> WE SIMPLY HAVE FOOT : a GOT TO Live Sane CHEAPER: MAGE. THE Fireoy > Grain oF WELL -FOR . GOODNESS SAKE: AFTER ALL THE ECONOHIZING 100: YOU SAY THIS TO ME BOT: MAqaie “Vy \WOZ ONLY SUGGESTIN'— G'BYE KID- HOPE YouSe GITS COT BOOSTS STOCK Bullish Factors Force Con- tinuation of Advance at New York NEW YORK, Aug. 4.—Speculators for the advance continued in control of tdoay’s stock market, bidding up a wide variety of issues to new high records for the year. Early gains, which ran from one to nearly eight points were modified by realizing public participation was onan in- creased sale the day's sales aggre- gating 1,400,000 shares. The closing was firm, NEW YORK, Aug. 4.—(Associated Press.)—Bullish operations were re- sumed with vigor at the opening of today’s stock market. Publication of a series of favorable earnings tatements stimulated activity in a wide assortment of stocks with spe- cial strength cropping out in -the public utility group. Public’ Service of New Jersey opened two points higher at 83 and Columbia Gas and Electric advanced 1% to 73%, both new 1925 high records. Failure of the American Locomo- five company to earn its common dividend in the first six months of the year inspired heavy, selling of the equipments, Baldwin dropping a point and American Locomotive The main body of stocks, how- continued upward, Havana soared five points and Arms and Midland Steel s three each. Simmons com uched a’ new high on the rcement that earnings in the t seven months of this year. were about $1,000,000 over the correspond- ing period of 1924. American Can, Frank G, Shattuck, International Telephone and New York Shipbulld- ing also touched new peak prices for the year. Among the many issues to climb one to two points higher, before the! end of the first half hour, were, Mack Trucks, Na- tional Distillers Products, Montana Power, American Ice, American Sugar Refining, DuPont and Yellow Cab Manufacturing. Reopening of the London banks after the pro- longed week.end holiday was accom. panied by a firm foreign: exchange 1% market. Demand sterling and French francs held steady at $4.85% and 4.74 cents, respectively, while anish kroner soared 30 points to 85 cents and Norwegian kroner Jumped 19 points to 18,88. cents. Public participation increased as trading progressed. The demand for the so-called “rich men’s stock” selling above $200 a share continued unabated with buying influenced by reports of capital split eps and in- creased dividend distributions. . Con- tinued agitation for lower taxes and the Increasing indications for trade expansions also were stressed by operators for the rise as bullish fac- tors. General motors, which is ex- pected to declare a substantial extra dividend this month, roso to a new record high for the present stock and’ was’ followed into new high ground by DuPont, which has large General Motors holdings. United Drug and Ginter company also eclip- sed their previous high prices, Heavy accumulation of.the public utilities sent several of those issues above their previous maximum prices for the year, the ready absorption of recent power and light stock offer: ings being a stimulating influence. Call money renewed at 4% per cent. Pool operations expanded in the afternoon when heavy buying orders were executed In varlovs stoups. The sugar, motor, restaurant. “rain viores, and motion picture issues, were in the foefront of the ‘rise wntel Ufted man. stocke from three AFTER ALL» IHAVE TRIED CHICK YOUR FATHER HAS EXPLAINED: WHERE YOU GOT THOSE POSTAGE STAMPS AND UM SATISFIED YOU'RE NOT A MEMBER OF THE GANG AT ALL, $0 YOU ARE DISMISSED PUBLIC BUYING/_wxomcous by Blas Vucurevich, Broker 208 Consolidated Royalty Building Western Exploration . 2.95 3.05 Conséidated Royalty -10.00 10.10 Central Pipeline --..-. .45 +50 Quotations T. Williams - 09% .10 Bessemer ----. - 20 221 Western States -. - 08 10 Kinney Coastal -\ 07% - 08% Columbine - =*.03 |) 408 - 05 06 04 05 04% 05 Royalty {Producers -- .03% ,.04% Sunset 200% 0036 Pleardy — 01.03 Atlantic’ Petroleum --- .00% .00% Great Northern 200% 0045 Quaker ‘Oil’ ~ % OL Preston Oil - 2.00 MacKinnie al Buck Creek ~ lL Chappell’ ~----_. Ag «14 Riverton ’ Pet. -. 3.30 Mountain Producéra . Salt Creek Producers -.. Continental NewYork Oil Salt Creek Consolidated ~~. 8. O.-Ind. +. Prairie Ol Humble Oil CRUDE MARKET 2.00 1.25 1.55 1.05 1.05 1.30 65 1.35 70 2.15 2.15 2.15 2.16 2.00 2.00 2.15 2.00 1.60 Big Muddy —s---------e0----- Mule’ Creek ~-------. Sunburst Hamilton Dome ~-..... Ferris .-.---~— Byron Notches -. Pilot, Butte Lander Cat Creek ~-------—----------== Lance Creek s---0--+ s--ennene Osage Grass Creek, light ----------.- Greybull ...-.. Torchlight ~-----ce--sesercnneo ELK Basin seececeneeeeeeeenene Rock Creek --se----------- Salt Creek ------------0-=-= Foreign Excliange | NEW YORK, Aug. 4.—Foreign ex- jchanges steady, Quotations in cents: Britain, demand 485 69 day bills on banks 481%, demand 4.7344; cables 4.74. Italy, demand 3.6 ables 3.6544. - Liberty Bonds _| NEW YORK, Aug. 4.—Liberty bonds closed: 3\4s $100.21; first 448 $101.23; second 4\s $100.21; third 4%s $101.10; fourth 4%s $10: u. 8 government 4148 $106.6, ——— MONEY NEW YORK, Auk. 4.—Call money firm; high 4%; low 4%; ruling rate 44; closing bid 4%; offered at 4% last loan 414; call. loans agains! acceptances 3%; time loans firm mixed collateral 60-00 days 4@4% 4-6 months 4%@ 414; prime commer: cial paper 4. f pee EE Nash Motors fumped to five points. 3 Re Shipbuilding | & 124%, New York Frank G. Shattuck, 514, and Mack Track, White Motors, ~ American | Brake Shoe and South Porto Rico jugar 4 Pan-American. Band daneral Blectric were auite weak, ; cables, YES BoT L HAPPEN To KNOW ALL ABOUT THIS GANG OF BANDITS YOU'RE AFTER- "RED" KATZ, MY CELLMATE, MISTOOK ME FoR A THIEF TOO, AND TOLD ME ABOUT HIS BEING CONNECTED. WITH THE CROWD THAT POLLED THE BIG POSTOFFICE JoB- HE EVEN WANTED ME TO JOIN HIS GANG HEAT obDREs ~ PRICE, GAINS September and December Gross $1.60 Mark in Late Sales. CHICAGO, «Aug. 4.—Unfavorable crop reports from Canada, together with indications of improved Euro- pean demand gave a fresh upward swing to the wheat market today after a decline at the opening, ad- vices from Saskatchewan province sald excessively hot dty.weather was turning the fields grey and that late wheat would suffer severely if the high temperatures continued. On the other hand, initial weakness of the market here was ascribed to the fact that Liverpool intentions failed to reflect fully the advance which took place yesterday on this side of the Atlantic, Chicago opening prices, %c to 1%c lower, September $1.57 to $1.57% and Decembér $1.56% to $1.57%, were followed by a slight further sag and then by a rise all afound to well above yesterday's top and December $1.59%. level, September reaching $1.59% Subsequently, profit taking led to something of a reaction, but stub- born resistance to selling pressure was in evidence, and during the late dealings, the market rose higher than before, closing unsettled at 24c to 4%c net gain, September $1.601% to $1.60%, and December $1.60% to $1.61. Corn and oats trafled after wheat. Opening at tic off to Ke up, Sep tember $1.05%% to $1.50%, the corn market underwent a moderate gen- eral setback and then scored gains, September touching $1,06%. Later, an increase of country of- ferings of corn to arrive tended for a while to ease the corn market down, but the effect failed to last. Corn closed firm, Mc to Yc net higher, September $1.' Oats started at %¢ decline to Ke adyance, September 42%%c to 42%c. Later, all the months showed a rise. In line with hog values the pro- vision market averaged a little higher. Wheat— Optn High Low Close Sept. .-.- 1.57 1,60% 1.56% 1.60% Dec, -2-- 1.56% 1.61% 1.56% 1.60% May .--- 1.59 1.64% 1.59 1.64 Corn— ; Sept, ---- 1.05% 1.06% 1.05 105% 8 188% 86% 87 89% 920% 89% 90% 42% 43% 42% 43 45% 46 43 48 48% (4B ABH 99% 1.01% 4 1.05% 17.25 17.25 18.40 18,65 18.40 18.65 Me eee Sento: 18.40 moon) 31,80 Gash Grains ayd Provisions. CHICAGG, Aug. 4.—Wheat, num- der 1 hard $1,60@1,65; number 2 Nard $1.59%4@1.62%4. Corn number 2 mixed $1,08@1.084%; number 2 yel- low $1.10@1.11. Oats number 2 whité 43@44c; number three white 41%@ 46c. Ryé number 1, $1.01%. Barley 70@8 Timothy seed $6.95@8.25. Peco to secure legal status for the Clover seed $194 26.75, Lard, $17.20. Ribs $18.50! Bellies $21.62. COTTON i SEW YORK, Aug. 4.—Cotton spot) quiet; middling $24.49. Widows: Who Gambled In ‘Advice But No Action From ‘Attorney, Oil: Get TUESDAY, AUGUST 4, Livestock :: All Markets A GREAT IDEAL ADVICE AND JOIN THE GANG AND AID'ISS IN THEIR CAPTORE - IF YOU ARE SUCCESSFOL THERE'S A REWARD OF $10,000 WAITING ‘, sy uel VY 1925 — THAT'S RIGHT -~ou BIG BROTE-ao OM AND STRIKE FoLLow HiS WS RY, = $10,000 )== 7 ed 7, NN LOS* ANGELES, Calif.,y Aug. 4.— (Associated Press.)—Sixty-two widows swept-into the district’ attorney’ office yesterday and demanded t protection of ‘the law for*their oll speculations, . : Attaches of the office were be- wildered until one of! the | women exhibited a newspaper want.ad read- ing: ‘ “All widows-in the oll. syndicat please call at ths district attorney's office Monday.” . . Finally -the widow who : inserted the advertisement introduced herself and explained that “the: promoters | ‘ALS sez] NEW YORK, Aug..-4.—Copper, firm; electrolytic, spot and nearby, 14tc; futures, 14% @14%c. Tin, steady; spot and. nearby, $59.25; futures, $59, Iron, steady; prices unchanged, | Lead, steady; spot, $8.50@9.10. Zinc, firm; East St. Louis spot and futures, $7. Antimony, spot 317.75@18.80, “ ed r 5 SILVER NEW YORK, Aug. 4.—Bar silver 69%%c; Mexican dollars 53%c, SI ae BS aw an Osteopaths In I nternational Meet in London LONDON, Aug. 4.—(By The Asso- ciated Press}—Subjects ranging from cancer to epilepsy were discussed at today’s meeting of the International Conference of Osteopaths, which is ‘osteopathic professions in Britain. Proper, diet forms the basis for the mental, moral and physical well being of the-human-race, DrW. C. Dawes of Helant, Mont., told his colleagues. C. J. Geddes, executive secretary .of the American . Osteo- pathic association declared that a proper diet and a normally adjusted body were the most importgnt fac- tors in the treatment of cancer, Dr, Hugh Conklin, of Battle Creek, Mich., said that osteopathic. research had discovered that more than 40 per cent of eplleptic cases were di- rectly traceable to improper func tioning of certain glands in the tn- testinal tract. oe cake “SN sen Time Limit Set For Admission Of Mex Claims MEXICO CITY, Aug. 4.-(By The Associated Pressi—Presideut Calles has issued a decree that all claims for damages caused by revolutionary forces and other claims, which do n come for decision before, the general and speci! American: Mexican claims commissions must be. filed before December 31. After that date such rlaime will not be admitted. Great of this syndicate have sold us out and we want to know what you’ ar going to do about it.’” : Deputy district attorney Ryan patiently ‘explained to the widows that the fact that their synditate apparently had lost a leasing tilt with one’ of the big oll companiés did not necessarily mean the syndi- cate promoters were dishonest, but that ‘the district attorney's office would dig into the matter and fing out for sure. Meanwhile he request ed the widows to go home’ and ti to develop the sangtfroid whic! oil gambler needs. AGRICULTURAL COMMISSION 10 CONFER AGAIN Body Headed by Carey tc Frame Program - for Solons. SWAMPSCOTT, Aug. ciated. “Press.)—President Coolidge will recall his agricultural contar- ence to map out a legislative pro- gram for farm aid. The conference, which was ap- pointed a year azo, presented a pro- ram to the last session of congtéss in what the principal recommeda- tion was for government aid in co- operative marketing. Coming before congress in’ the closing days of the session the con- ference report failed of approval with considerable opposition voiced to some of its main proposals. Spokesmen for the farming terri- tories told. the president this sum- mer, however, that they believed ic4. operative marketing legislation to be the principal need of the fariiers and tho president has determined t6 again leave the problem in the hangs of his conference, headed by Robert D, Carey of Wyoming. NEW PLANES | ADDED TO NIGHT MAIL NEW YORK, Aug. 4.—(By The As- sociated Press}—Expansion. ae the night airmail service between New York and Chicago to two planes aath way nightly instead of one, will be necessary in another month, air mail officials predict, if the popularity of the service increases at the rate it has in the last few weeks. The service, inaugurated —(Asso- ‘ duly handled 13,500 pounds of m. ; L ths first: month, 7,000 pounds chilies from the west and 6,500 pounds from the east. officials at. Hadiey field. New Brunswick, » J. the eastern terminur, announced, ‘The «postage | p&'d. on the west bound mail: wad 268,000. 7 i AMC Tribune Want Ade “we a