Casper Daily Tribune Newspaper, August 5, 1925, Page 8

PAGE EIGHT Finance SHEEP INDUSTRY IS LAGGING IN WORLD Failure to Keep Pace With Other Industries Brings Higher Prices; Future Depends: on: Breeding on Small Farms. NEW YORK, Aug. 5.—Although raising of sheep has been’ an es- every began ott r he ¢. apparently the other ind Australia utenant Colonel E. N. Wentworth ~ the Armour Livestock Bureau, jeep production has decreased $9 n. He attributes this to the t the re bel ses and OM open ranges of all na utilized other bsorbed ugh in- The average ficulty in meet- lon of sheep h formerly were ob- he use of open range re of to m: ases in pop a industry, 5, depends ration of a certain mber of sheep into the livestock tion of the majority of smaller Farmers already are accus- raise and feed a certain of hogs propor- a it {s hoped this nded to sheep This fon uses far Much annual! more wool than is grown here ported 914 million 68 million were ther countries. The nt In 311 mil 3ermany this year n the entire d excel the last year to do- s. The United her customers last MONEY NEW YORK, Aug. 5.—Call mon- ey firm;-high 4%; low 44; ruling ate 414; closing bid 4%; offered at ¢; last loan 4%; call loans against acceptances 3%; time loans firm: mixed collateral 60-90 days 4@4\; 4-6 months 4% @4%; prime commer- clal paper 4 epee Poultry Aug. 5.—Poultry alive broilers 20 roosters 1c; tur: P23c; geese 13% profits nestic floc! sold to CHICAGO, ; fowls 18¢ springs NOTICE OF FIRST MEETING OF CREDITORS District Court of the States for the District of oming. the matter of Rolland Casper Bankrupt. In Bankruptcy rr NOTICE IS HEREBY GIVEN t on the 29th day of July A. D. the s: Rolland Casper Dav was d adjudicated a bankrupt, and that the first meet- of creditors will be held at 500 Building, in the city of Ww enne, ming, on the 17th A. D. 1925 at ten rer at 1 e the ich other rt properly fore Dated D. 192 CLARENCE A. SWAINSON, Referee in Bankruptcy. 19 Aug re NOTICE TO CONTRACTORS, CALLING FOR BIDS B be received by the nder: 1:30 o'clock ce 7 1925, € of «of under- i, Stockman’s Bank Build- Casper. Wyoming, for fur- ng of all materials and labor ection of one story four school house with fur- m, in townsite of Edger. t Creek oj] fields, Natrona Wyoming, according to nd specifications by Weld- & Sweeney, architects, Con. E ri er, Wyoming. i e accompanied by fied check, amounting to 5% e of good faith aking cor will be let | owest responsible bidder, the ard reserving right to reject all SCHOOL DISTRICT NO In C ty of Natrona State of Wyoming. AM O, WILSON, Cleric. 1926 y WILLI Pub. Aug 10 Theyre Here 2 Carloads of Essex Coaches Can Use a Few Good Forde ny of August | year approximately 1,500,000 pounds of eheep flesh besides what was con- sumed on American .tables. newhere between 55;million and | 60 million pounds of meat. products gO onto those tables each day and production of meat and lard exceeds billion pounds annually, Each American eats an average of 165 pounda of meat a year or half a pound per day per person. This meat ration, it is estimated’ by Pres- ident Oscar G. Mayer, of the Insti- tute of American Meat, Packers, is made up of 2% ounces of beef, 4 ounces of pork, 2-5 of an ounce of veal and \ ounce of mutton. At present the beef trade is facing the unusual situation created by the dearth of cattle in fine condition. y there are plenty of an- in poor condition, but their has been made more difti- , range conditions and high costs of grain and fodder. Beef cattle at $15 a hundred in the center of the ‘ht for the first time in five The cattle raiser’ has long been in the grip of acute depression but now seems likely to make a profit. The condition of the hay crop for the country, according to the Sears Roebuck Agricultural Foundation {s 72.6 per cent of nor- mal, although the yleld is placed at 1.28 tons an acre as compared with 1.6 tons last year. Hogs are selling 65 per cent higher than a %0, 00d cattle 28 per cent plain cattle 5 per cent and higher, lambs 10 per cent. The roast beef of old England, famed in song and story, has given place to the roast beef of America and Argentine. The English roast beef has usually been described az » and underdone. Erna J.: Bar- director of food economics for Says that-{t ditfer- ence to nutrition or digestion, whether roast beet is well | done, medium or i This view. is supported by Dr. Phil- ip D. Hawk, director of dietetic ex- periments at Jefferson Medical Col- lege, Philadelphia. trar Armour and company does not make the slightest POTATOES CHICAGO, Aug. 5.—Potatoes, re ceipts 38 cars; total U. 8. shipments 527; trading fat market steady; Missouri and Kansas sacked Irish cobblers $2.50@2.30; few. fancy -high- Minnesota sacked’ early Ohlo $2.35@2.50; Colorado sacked Irish cobblers $3.50; Idaho sacked cobblers $3.25@3.40, | Liberty Bonds | NEW YORK, Aug bonds closed; 3%s 100.2 First 4\%6 101.26. Second 4\s 100.25. ‘Third 4\%s° 101.13. Fourth 4s 102. 8. Government 44s 105. 5.—Liberty METALS NEW YORK, Aug. 5.—Copper firm electrolytic spot and futures 14%. Tin firm; 1 nearby 69.37; tures 59. Iron stead} Lead firm spot unchanged spot 8.7549 st St SUGAR ined 8 far situation on old contracts cont! pro- fons but only light new business réported. Prices were quoted 20 to 6.40 for fine granulated, Sugar futures close Ap- proximate sales 61 8; Sep- tember December 2.74; Janu. March ary 2.81; May 2.89. COTTON | NEW YORK, Aug. 6.—Cotton spot quiet; middling 24.50. || Butter and Eggs CHIC s. 5 high ext % ‘ 411% firsts 40@40 Eggs, uncha 216 | State Dairy Chiet Is Made Official | In National Body CHEYENNE, Aug. 5.—A. R. Smith, director of the dairy, food and of! division of the Wyoming De, partment of Agriculture, was hon- ored at the meet of the National Association of Food and Drug. offi clals, wh eld at Denver last week, hav! elected vice-pres! ont of the ation and a mem- ber of the executive committee. Smith was sen as secre: tary " nd a member of the execut! committee of the |. western “division of the assoclatior | whieh F t tates tn the | r a ir F f ant Bonds BRINGING UP FATHER CROOKS IS To THEY ARE All. Chem. and Dye. American Can} -- American Car. and Foundry.. 102 American Locomotive 109% American American American American American American Anaconda Atchison Atlantic Coast Line Baldwin Locomotive Baltimore & Ohio_ f. Bethlehem . Steel California Petroleum Canadian Pacific -- Central Leather, pfd. ~ Cerro de» Rasco Chandler* Motor Chesapeake & Ohio Chicago & Northwestern- Chicago Mil. & St. Paul, pfd Chicago R. I. & Pacific. Coca Cola ----... Colorado’ Fuel _ ‘ongoleum-Nairn tonsolidated Gas Corn Products Crucible Steél Cuba Cane Suga Davison Chemi Dodge Bros., pfd Du Pont de Nem Electric Power & Ist _pfd Players - Asphalt - Electric Motors therdn Sm. and. Ref. 105% 68% 13954 | 98% Water “Works Woolen -. Copper - General Interna Kelly-5 Kennec Lehigh Louisville Mack Track Marland Oi), Max. Mo Fete Mexican Seaboard, Oi - Mir-Continent | Petroleum Missourt,"“Kansas & Texas Missouri Pacific, pfd Montgomery ‘Ward National Biscuit’ - National /Lead._. New York Central N. Y., N. H. & Hartford. Norfolk & Western: North American Northern Pacitic Pacific Ol Pan American Pet. Pennsylvania Philadelphia & Rdg. C. & "I.-- Phillips. Petroleum ~ Pure Olt Radio Corporation - Reading’ -.-- 85% F Iron and 47% Reynolds Tobacco, 80% St. Louis ‘@ San Francisco... 90% Seaboard Air Line Sa% Sears Roebuck ‘... - 91% Sinclair Con, Oil’... 20% Southern Pacific —-.. 28% Southern Rallway -.. 99% Standard Oil, Callfornia_ 56% Standard Ol), N. J. 41% Stewart Warner 68% Studebaker ‘~.... 48% 19% Ais 87th 4% 141% Uv. &. 149% v./8. U. Ss. U. 8. Wabash, | ptd:, 1% Westinghouse Blectric 72% Willys-Overland ..-... 19 Woolworth 166 = A = or results try Tribune Classified Want Ads. . CHIEF-THE QUICKEST WAY ‘To CATCH THIS GANG OF “RED’ KATZ~HE'S A MEMBER OF IT AND KNOWS WHERE * | eral Motors and Ginter Con Stocks :: Grain : WS AND QUOTATIONS BY LEASED MES DAUGHTER -BOT HE WA BO WRAPPED FP 0? nh work - REFS We tHE Heart To ee | aad HIM-t NEVER SAW HIM 50 AMBLTIOUS DIO You tre = FATHER? ay e e Livestotk :: All Markets § DION'T HELLO -OINTY IVE” FIGURED OUT ALL THE DOPE AN’ TLE BE RIGHT OVER TO §TELL ~OU WHAT\ RACES | WANT TO rl RELEASE A GooD IDEA! HE'S ONLY ARRESTED! Y HWE HIM FREED SO STOCK TREND |Lezomcous STILL UPWARD Confidence Shown by Buyers as Result of Bullish Influences NEW YORK, Aug. 5.—Operators for the rise encountered stiffer re- sistance in'today’s stock market, but succeeded in marking -up. many issues to’ new high levels for. the year, Ratls improved in reflection of large earnings and heavy freight traffic but oils were reactionary in response to further gasoline cuts in eastern territory. Tota! sales ap proximated 1,650,000 shares. The closing was irregular. NEW YORK, Aug. 5.—(Associated Press.)—Stock prices displayed a firm tone at the opening of today’s market, which was featured by the brisk accumulation of the rail shares and a resumption of pool activities in several specialties. One block of 6,300 shares of United States Steel common changed hands at 120%, up one half, and initial gains of a point or more were recorded by Miexouri Pacific preferred, Mack Trucks and Youngstown Sheet and Tube. Gen- | any at: tained new 1925 high pr With fr carloadings, in the week ended July 5 again in excess of 1,000,000 cars and two of the old | rodit ices indices at the | | vel operations ducted with } chiding. Montar Power, Loewe's in- crease, Simmons company, American Can, Coca Colaand Frank G, Shat tuck. , Mack Trucks quickly moved up 3% points w more than a score other industrials showed net gains of a point or more tn the first outburst of buying, among them Baldwin, Republic Steel, Fisher Body, White Motors and ‘Colorado Fuel. The de mand for rails centered largely in the southern and southwestern issues, Missour! : Pacific. preferred Atlantic Coast Line, and Louisville and Nashville being the early lead ers.. Foreign exchanges opened easy, sterling ruling around $4,505 and French francs falling below 4.70 cents The rapidity of the advance in many issues involved profit taking and bear selling, which brought con- siderable irregularity, but fafled to halt the matn upward movement of prices Schulte was hammered down 3% points to a new low for the year at 105, and American Can slipped back, three points from its top prices. Speculators for the ad vance continued their energétie bid: | WHY HELLO 'RED= WHEN'D You GET OUT? ding up of special stocks, concen. trating for a time in the motor ac- ceéssories, American Bosch Magneto being Ufted three points and Stew: art Warner Speedometer 2%, Atlan- tle Coast Line, which had yielded 2 points to 180 under the pressure of realizing sales, rebounded to 1.87%, a new record top, before noon, an DuPont reached a new high at 201%. American Brakeshoe jumped 5% points and South Porto Rican Sugar three. Call money renewed at 4% per cent. . Subsequently wide fluctuations either way running 1 to ¢ points were caused by opposing speculative Interests. Professionals sold on the theory that prices of many stocks had over discounted possible future developments. Meantime pools push- ed up numerous industrials and spec: |\alties to record prices for the year and investment buying was on a | JUST. NOW ~THEY DIDN'T HAVE Vucurevich, Broker, 208 Consolidated Royalty Building. Bid Ask Western Ex. = 386 Con. Royalty - - 9.80 Centrai Pipeline -) A5 E; T. ‘Williams ~- 09 Bessemer - «20% Western States - 09% Kinney Coastal - 08 Columbine -. = 02 Jupiter - | 05% Elkhorn - 04 Domino ~.. Sead Royalty Producers = 04 Sunset - 00% Picardy ~--- = 201 Atlantic Petroleunr --. .00% Great Northern - 008 Quaker Ol) - - 00% Preston Ol!, per M. 1:00 Blackstone Salt Creek MacKinnie Buck Creek Chappell ~ Argo -- CURB STOCKS Mountain Producers ~ Salt Creek Producers. Continental New York Oil Salt Creek Consoildated_ . O..T Humble ~ Ohlo -. Market Wall Street Briefs | ew" bonds offerings today) aggre: | were led 4 liwaukee wand :8t Paul Rallway five percent: equip ment trust: certificates, priced, at 98% and yfelding 6.20, per cgnt_ which were bought fram the receivers, by a local banking group, Other new Issues included $2,000,000 Little River Redwood'Company s!x percent gold notes at 108, An‘ extra dividend of 50 cents a share in addition to’ the ‘regular quarterly disbursement of 50 cents has been declared ‘by the Vacuum Oll company, former Standard OW subsidiary, payable-Septeriber 19 to holders of record August 31. Canadian Tire companies have in- creased ; prices 15 per cent »which was unexpected by. the tradi. Approximately 734 new enterprises with authorized capital aggregating $1,066,860,000 were. incorporated throughout the United States; in July, the best+showme since June 1933,,a compilution, by the. Journal of Commerce shows. Since the first of the year 5,305 concerns were or- ganized with $5,488,243,786 capital. NEW YORK,’ Aug 5.—The Amert- can Smelting’ and Refining company today advanced the price of, lead from 8.50 to’8.75' cents per pound. NEW-YORK, Aug.'5.—{Associated Press.)—Crude rubber prices took another sharp tumble today, follow- ing 2 similar break’ in\London where further \ Uquidation: was reported. Smoked. ribbed sheets, spot, were quoted at $1 cents, 2 drop of 7% cents since last night's close. For. ward prices also slumped. October and December ribbed offered at 70% cents against 75% conte yesterday. —— For results try a Tribune Classi- fled’ Ad. $$$ heavy. scale in the standard raflroad shares, Chesapeake and Ohio, Lauts- ville and Nashville and Norfolk and Western together with local gas feoues were conspicuously. strops- No PLACE! -IIM BROKE fF AND-I'VE JUST BEEN WONDERING AROUND. SINCE'L Gor OUT CMON DOWN AN’ MEET °SLIM* AN’ TH! REST OF.TH’ GANG ~ } YOUSE AJOB WITH TH’ STRAIGHTEST ‘Su HE'S LUCK~ I ULCGir - Youse: BUNCH OF CROOKS IN TH' COONTRY CRACKER AND 1 OUGHT MAYBE OLD LET HIM IN WIT ‘TH’ GANG HE'S YOUNG BOT HE LOOKS LIKE HE MIGHT HAVG TH?” MAKIN'S OF A GOOD YEGG IN HIM-WE'LL GWE HIMA CHANCE | WHEAT GAING FAIL TO HOLD Prices Meet Downturn After Early Advance in Chi- cago Trading CHICAGO, Aug. 5.—(Assoclated Press.\—New upturns in the price of wheat today developed in con: nection with assertions of a material improvement of export demand to- gether with enlarged business with domestic millers. «Persistent Euro- pean buying of future deliveries was also: said to be in progress, and there were further pessimistic crop advices from Canada. Free selling, a good deal of which appeared to be of a profit thking character, was in evidence on the bulges however, and led to sharp reactions at times. The opening, \e off to %c up, September $1.60% to $1.61 and De- mber $1.60 to $1.60%, was. followed by a moderate general setback and then by an upturn that lifted Sep- tember to $1.61% and December to $1.6145. Subsequent fluctuations were num! erous but holders’ continued to be favored in current gossip, and ac- cording to one authority the world has actualiy: less wheat for the 1925: 26 season than in the previous crop year. Wheat closed irregular at Mec net decline to "sc advance, Sep: tember $1,60 to 1.60% and December $1,60% to $1.61 Corn and oats. lacked. support After opening at %c decline to %c advance, September $1.05% to $1.06 the ‘corn matle a little further gain in. some case d then receded-ail | around well below yesterdas finist ©. ted unchanged to %c Mgher, September ¢%e to «4514 Later the market became .easier. Provisions scored gains, despite lower quotations on hogs. Open High Low Close Wheat— 1.6015 1.61% 1.59%.1.60 1.60% 1.6215 1.69% 1.60% 164% 1.66% 1.63% 1.64% 1.063, 18.50 Sept .... 21.95 21.90 1 Cash Grains and Provisions CHICAGO, Aug, 5.—Wheat num- ber 2 red $1.69%; number 2 hard $1.61%@1.63%. Corn number 4 mixed | $1.07@1.07%; number 2 yel- low )$1.10@1.10%. Oats number 3) white 42% @44c; number 3 white 42@42%c. Rye none. Barley 77@86e, Tim othy seed $6.9508.25. Clover seed $19.00@26.75. Lard $17.25. Ribs $18.62. Bellies $21.75. | Foreign Exchange NEW YORK, Aug. 6.—Foreign exchanges irregular. Quotations in cents: Great Britain demand 4854; cables 485%; 60-day bills on ban 481%, France demand 4.70%; cables 4.71. Italy demand 5.65; cables 3.631% Demand: Belgium 4506: Me many 28.80, Chicago Prices CHICAGO, Aug. 5.—(U. 8. Depart ment of Agriculture)—Hogs, receipts 18,000; slow; mostly 10c to 20c lower than’ Tuesday's average; desirable light weight show maximum decline; shipping outlet narrow; packers do- ing little; bulk better grades 170 to 210-pound weights $14.00@14.25; ear- ly top $14.35; majority packing sows $12.10@12.40; strong weight slaugh- ter pigs largely $13.75 down; heavy weight hogs $13.20@13.90; ght light $12.50@14.20; packing sows $11.60@ 12.65; slaughter pigs $13.15@14.00. Cattle, receipts 12,000; choice fed steérs on all weights very scarce; active, 10c to 15¢ higher; heavies in broadest demand; $15.40 pald for 1,482-pound avera several loads $15.25@15.35; general steer run very slow; steady to 25c lower; lower grades she-stock showing latter -de- cline; all killing classes very uneve' doing little, except on better grades; other classes steady; bulk vealers $12.00@12.50; few at $15.00. Sheep, receipts 19,000; fairly act- ice; generally steady; bulk sorted fat native lambs $14.75@15.00; bulk westerns $15,.00@15.26; cull natives mostly around $11.50; few loads of fat range ewes $8.50; bulk fat ewes $6.00@8.00; bulk range feeders late Tuesday $15.00@15.25. Omaha Quotations, OMAHA, Aug. 5.—(U. 8. Depart ment of Agriculture. togs—Re ceipts, 15,500; mostly 2 ¢ lower: desirable 140 to 200 pound selections, $13.00@15.40; top, $18.50; good and choice .210 to 825 pound butchers $13.00@13.25; rough packing sows, smooth, up to $1 8, $12,00@ 13.31 Cattle—Receipts, 6,500; good and choice fed steers and yearlings moderately active, steady to strong; plainer grades slow, weak; bulk $10.60@13.75; few loads rlings, $ 14.36; one Joad mixed y lings scaling 949 pounds, $14.5 ter grades she stock, moderatel: tive, steady to 5c higher; common kinds and ¢anners and cutters weak; bulls, steady to strong; veal fully steady; stockers and feeders, scarce, steady; bulk grass cows, $3.60@5.25; heifers, —$5.00@6.25 bologna. bulls, $3.76@4.35; practical veal top, $3.00; few at $8.50; stockers and feeders, $6.00@7.50. Sheep—Receipts, §,500; i bet. killing classes, steady; early sales fat range lambs, $15,00@15.10; natives, $14.50 @14.75; desirable weight fat ewes, $6.50@7.00; feeders, 15@25c higher: $14.80 bid cn cholco range feeding lambs; full: mouthed breeding ewes $8.00@9.00. — CRUDE MARKET, Big Muddy --.-.--........... Mule Creek --.---------— Sunburst Hamilton Dome --.--.---.. Perris Byron <-2---. eae, Notches Pilot Butte 2.00 1.26 1.55 1.05 1.05 1.30 65 2.85 “70 2.15 2.15 2.15 2.15 2.00 2.00 2:15 2.00 1.60 Osage Grass Creek, light —_.. Greybull .-- Torchlight .— 2. Blk ‘Basin 22 cee Rock Creek -........ Salt Creek SILVER (Copyright, 1925, Casper Tribune.) NEW YORK.—The trend’ of thought in advertising hag “under- gone a change, according :to*the National Retail Dry Goods associa- tion. Replies to the widely circu- lated’ qu ionnatre reflected a de mand for “brass tacks” advertising, with a distinct appeal to immediate selling power. Merchants also indi- cate that they are demanding a inote definite specialization. 3 HARTFORD, Conn.—Opinions on the part of scientists that New Eng- land may experience ‘earthquake shocks have resulted in. insurance policies , totaling $5,000,000". belrt placed in the past few days. $ ROCHESTER, N. Y.—Laber troubles are involving a number of clothing factories here ‘but 'are not expected to spread. The disputes Involve alleged violations of wage and working conditions, CLEVELAND. — Installation, 9% new and improved machinery, wiJl necessitate the closing of the White Motor company plant, from .Auguet 22 to September 8 but will add ma- terially to capacity and reduce cosfs. BOSTON.—That motor bus service conducted by the Boston and Mains railroad ‘has met with the approval of the vacationists In-New England is indicated by the resolutions passed by proprietors and managers of summer hotels in the White mountains. CHICAGO, — Little change 1s shown {n the coal situation.in south. ern Illinois fields, where prodiictién tinues light around’3,20b/009"toAs per month. Total ottput- tor the first half of the year was 153 per cent smaller than in:1934, SAN ANTONIO.—Dry weatt Texas has aided the turke: and large, well developed birds’ wil be on the market early, SPRINGFIELD, M The In- dian Motorcycle plant at Sp; eld is experiencing considerable ® expan- sion in activity as result ofa new low priced motorcycle’ recently put on the market. . PHILADELPHIA.— One. of. the largest producing lumber companies of the Pacific northwestvhas leaded @ space at the Philadelphia tide- water terminal and five millon of lumber shortly ii peroneal here from the Columbia river for re- distribution ‘ PORTLAND, Ore.—Coopprative marketing methods are essential :te the profitable distribution ‘of ‘Doug- lag fir and other western: coagti wood oducts, accordings to dumbermen Many are: {nelined ito -apcept ice of Charles S. Keith, of Southern Pine, assoctatton «advo ing the grade.marking of/all \weet st lumber, PHILADBLPHIA.—The! American Institute of Co-operation at’ the University of Pennsylvania today took up the ‘study of accounting and finance for farmers.- The handling fF dairy products ‘willbe taken-up 6 remainder of banker iene this week’ from Nin WARSAW, Ind.—The o: of northern © central Tndlane ree Sives promise of \reaching’ 50. per cent of normal. This {s a. flecided improvement tn ‘late weeks, uccord: ard to ee B. Carter, headot’ jana Onion Growers’! Ey The opening price of Taaletateniety is expected to be around'$2 a bushel, ——.—__ F NEW YORK, Aug §—Bar Sily 69%; Mexican dollars 56%, od Rik FLOUR. MINNEAPOLIS, Minn, Aug: 6 Flour, 10 to 15¢ high: Byan,” $24.00. wee Sl dé Nx 2 ° |