Casper Daily Tribune Newspaper, August 11, 1925, Page 6

PAGE SIX DAILY Stocks and Grains ELKHORN LA BARGE PROSPECTS BRIGHT Well Down. 1,200 Feet with Production Expected Within Next 100 Feet, Company President Says. proximately 1 in the LaBarge coun Wyo., w per af § er the field. The dri rs shale well sat 5 way to the pro uncorking flow passed a water be cased ¢ jtricts on which favorable reports 1 been made or drilling opera had been started. This policy ack of the company’s acquisi- n three-elghths interest in ) the LaBarge field, the Ve Slope Oil & Refining com r h Mr. Kimball is also D ¢ joint interest in strikes made by | the | Wyotah company within two miles of the Elichorn-Western Slope lands led to plans for drilling operations now under way which promise to ompany back among the ayers of the Wyoming was considered the best tt has presented itself to the |Elichorn company in several years 1 funds accumulated from produc- on in the Big Muddy field, after ndebtedness had been retired, were ate financing of | rations fall, ex- eding that FORT WORTH and whe year and buyin late has | been extreemely 1} wing to Textiles LEM out cutting ten its running ng mill here by y Over each el Fish Oregon—Most pack un chinook salmon d beyond all prob- PORTLAND re the season closes It of the shortage it is in: an additic 1 number of packers! will operate this fall Steel PHOENIXVILLE, Pa After more than a century of production using hand, the Phoer water and steam pc npany ver will ix change tions. shortly to electrical opera- The company was a big fac- tor in War and Great War munitions production. ~ Automobiles DETROIT—For Motor officials the outlook for business ‘in Au: is better than in July, when of domestic cars and trucks 6,182 more or Cotton JEFFERSON CITY, Mo—The cotton crop for Missouri is generally s00d with indications for production 000 bales compared with as Automobile Accessories : Ohio — Business urter of the Buck- mpany, in which a of residents of this ested, totaled $435 numb uch of $4 rter 996 in 1923, Fruit NEW ORLEANS —The new un- loadir plant of the United Fruit which cost $1,000,000 is mmission and three steam: ers now can be unloaded at one time. Non-Ferrous Metals to be been found on a farm near here. This is used in the manufacture of | Chandier aluminum. FIVE ARRESTED IN LATE RAD auth rities raided West Yellow « Jim O'Donr - of b the POTATOES CL GOMPA Business Briefs DETROIT, tion of Mick jes 45 pr 4,629 new January 1 = cus Aug. 11.—Electrifica- at the rate a month, On ome ute’s utilities No refined MONEY | NEW YORK, Aug. 11 ey, steady; high 4%; low rate 4%; closing bid 44 4%4; last loan 4%; call loar acceptance m mixed 4-6 mont Call mon 4%; ruling offered at 4@4\: commer! prime | METALS | YORK trolyti 11.—Copper, and futures and nearby Iron, steady; Lead, strong: pot NY EMPLOYE HELD FOR ATTEMPT 10 CASH BOGUS CHECKS I Dwyer, an employe of the Oi] company is being held y county authorities, charged iving attempted to cash sev mpany checks, which. It fs that ‘he from the of. ? Br itve c py in Salt C: } se 1 be prosecuted at an SILVER 69%c; Mexican dollars BS Tic Che Casper Daily Cribune TRIBU BRINGING UP FATHER TRS. SMITHS SON/ARAWES, FROM COLLEGE TODAY -’ HE 1D GOING Te CALL’ (ON You ATSyour { OFFICER TODAY -D0O} YOU REMEMBER. SHIM? @ PROVED A FiZZ.e. { { New York Stocks Lest Gaia Allis Amer! American Car and Foundr. American Locomotive 4 American Sm. and Ref. Amer! Chemical and D; fean Can - ‘ican Sugar .. xceeded the prvious pedk | American Tel. and Tel, Amerjcan Tobacco -.. Ametl ican Water Works -. Ameri Anaconda Copper Atchison At, Baldwin Baltimore and Ohio Bethi California Pet as—What is sald|Canadian Paci @ good quality bauxite ore has | Central Le! Cerro Chesa; ‘ican Woolen Coast Line . Loaomotive lehem Steel — ather ptd. Pasco . Motor .... de peake and Ohio -. GoSH - TMAKES ME-SICK WHEN L THINK OF HOW I'D PLANNED To GET THAT $10,000 REWARD - NOW I SPOSE YLt HAVE TO GO BACK To GHAT. A HANDSOME BOX THAT, LEFT HERS sie Ha. ANXIOUS To fe 7 SEE HIM At ToLO, . |] ONT MOORE THAT® fy HE SHOYLD ‘SEND. Son ‘to @ y fess wl sGreat Bfitain rights reserved, i MOM’N POP--: Hooray for Us! ae ees CHIC: SELLING STAMPS AGAIN ‘ ' Chicago and Northwestern .. & St. Paul pfd. Chicago, Mil Coca Colorado uel Congoleum: Nairn Consolidated Gas ex Corn Crucible homes and factor-|Cuba Cane Sugar pfd. — of | Davison Chemical Dodge Brothers Du Pi Famo: Gener Gener Gener Great Guit Huds Iline Indes Mack Marla Mex. Mid-C Mo., Misso M Pacifi Phila Phill Pure Radio Rep. Reyn St. 1 Sears Sinela ruth South n¢ Ste Stude! Uv. VU. 8. Uv. 8, itgomery . Biscuit Northern Pacific Reading Seaboard Air I andard Oil, Texas Co. - Texas and Tobacco Products “‘Transegnt. Ol Union . Ind. Alcohol . Wabash pfd. Westinghouse Electric Cola Products Steel pfd ont de us Play high Valle Ja2 Louisville and Nashville — Truck nd Oil z aboard Oil”. ntihent Pet Kan.,and Texas uri Pacific pfd. Ward ic Ol .. Pan American Pet, B Pennsylvania and Rdg. ps Pet Oil - » Corp. Iron and olds Toba auis and Roebuck .. air Con. Ol bern Pacific hern Raily rd Ol, N, J. t Warner -. baker .. Pacific Cast Iron Pips Rubber ~ Steel . AGO. fow's springs, olf, 22c. . femours ex diy. Blectric Power & Light cits Erle First ptd. - Poultry 24¢ roosters, brolle 16¢; GAIN CORED IN SPECIALTIES Irregularity Marks Course of Trading on Gotham 7 | Exchange. NEW YORK, Aug. 11.—Highly conflicting price movements devel- oped in today’s active stock market. The general market developed a _re- actionary trend in the early trading when selling pressure was renewed againet ‘the oils, motors and public utilities, rallied later tinder the lead- ership of ‘the eastern coaler ‘and Southwestern carriers but became Spotty again tn the closing dealings because of the uneasiness created by violent fluctuations in high priced industrial issues. The closing was irregular, Total sales approximated 1,500,000 shares, NEW YOR Aup. ciated’ Press.)—Irregular price move; ments characterized the opening. of today's stock market, with most of the standard industrials’ and ratle showing» only» minor changes in initial transactions. U.S, Realty, General Electric nd Radio Corpora- tion opened 1 to 1'4 points higher and Norfolk and Western and Frisco common each duplicated their year's highs on initial sales. Jersey Cen- ral jumped four points. Bullish demonstrations were soon in started | Railway the specialtiés. General ignal oared over 14 points to a new record top at’ 27045 on publication of a semiannual earn ings statement showing net profits ut double those of ‘the re ponding period ea Central quickly extended it and last gain of Baking Ger prices’ al: sourl Linseed and-American ( named crossing 2 was noted! in Ge Tebaceo. Products ‘A’, Sone of the few ear’ if ic ses Body ly weak spots. | Foreign exchanges, opened firm with sharp rallies of 16 points each in Norwegian and Danish kroner ae the feature. Demand sterling ruled around $4.85% and French fra at 4.6943 cents, Selling of the ols based on the an nouncement of another cut in Penn sylvania crude and heavy liquidation of the public utilities on the! an nouncement of Samuel Insull of Chi- cago. that many of them ‘were sell ing too high, gave the market a re: actionary appearance during the first hour. Motors also were subjected to selling pressure as a result of addi- tional automobile price cuts. Marly losses of 2 to nearly 3 points were recorded by Pan-American A and ‘B, International Telephone, Hayann Electric, Midland Steel Producte pre ferred and Mack Trucks. Strong buy: ing support was not long in forth coming, and the general list was again headed upward before noon. General Railway Signal extended its gain to 17% points by midday, Gen- eral Baking to 6% fund General -Elec- tric to five whilé Baldwin. Ward Baking B, and American Linseed sold 2 to 3 points above yesterday's final quétations, Despite the threat- ened anthracite strike, a strong de- mand developed for the eastern coal- es, Lackawanna rising 3 pointe, Redding 1%, and Lehigh Valley 1. Friseo Common and Chesapeake and Ohjo mounted to new peak prices for the year. Call money renewed at 4% per cent. Squeezing of m trapped ehort in- erer American Can, which touch- ed and a further sensational jump in General Railway Signal to 56%, yesterday's close, with further selling of {some of the off qnd public ulilitles |shares. Pan-American B sold at. 6% within a fraction of the year's low- est. Satisfaction with the Virginia. ti itil BA, “A 5 ik sg YOO" HEARD ‘THE GooD 11.—(Asso- | Jersey | ~ Have Y j) | WYOMING OILS | Quotations by Blas Vucurevich, Broker 208 Consdlidated Royalty Building Weéstérn Exploration — 2.90 | 8.05 Consolidated Royalty - 9.80 10.00 Central Pipeline - 0 BH. T. Williams -. Bessemer -- ‘Western States — Kinney Coastal — Columbine ~ Sunset per 1,000 Pleardy Atlantic Petroleum — Great Northern Great Northern -. Quaker Oil -- Preston Oil per 1,000. MacKinnie Buck Créek | ~ Chappell -- Riverton ‘Pet. Argo Oil -.. Ohio --------- 60% Mountain Producers -- 19% Salt Creek Producers .. T eas Continental ~~ NewYork Oil 2 --__-~. Cg Salt Creke Consolidated - 65 Standard, Ind. 61% Pyatrie Ol - 51s Tumble Oi) ~ 59% Wall Street Briefs Philadelphia dispatches say: that rectors’ of the Atlantic, Refining | ec again’! have decided to omit | he dividend tor common stock | usually: payable tember 35." "The last dividend common was paid June 16, 1924 The Standard Oil company of New Jersey has reduced bunker fuel’ oll ten cents a’ barrel; making the price n NeW York: harbor .$1.65 a barrel, plus ligiterage charges of 6}% cents a. barrel. ’ | . Scrap isteel.in.the .Mahoning..Val ley is quoted at $20 a ton, an ad- vance of $1 a ton from recent min- mums. Net profit of A. G. Spaulding and Brothers for the first half of 1925 jumped to $830,803 equal’ after firet ‘And ‘second: preferred’ dividends to $12.61 @ share on the common stock, compared with $479,580. or $543 a share in the~ corresponding period of 1924, A deficit of $249,941 1s reported by Superidr’Ou ‘for the first stx months this year against a deficit of $108,- | 792 in the same period of 1924 in } Stocks ef zinc in thé hands, of Ameriean! produc on August’ 1 amounted'to 2 1 tons, a drop of 2,135 tons in the month. tone was 47;588 tons, making the seven Months total 840,775 tons. a monthly average of 44,650 in’ the kame period last year, yi ‘The reduction of two cents a-gal- lon in ‘wholesale gasoline by the Standard: Oll company of New, York har been met by the Texas company and) Sinclair Consolidated ‘Oil. — NEW YORK, Aug, bonds closed: 100.8; first 42s °101,23; second 44s 100,26; ‘third 4%4s 101.14; fourth 44s 101.29; UT. 8. government Ata 106. 11.~Liberty Carolina reoragnization gums, pause. ed brisk bang of the preferr shares which improved four pointe. sien eee SE th eee me NEe- fi JOST came FcRom COLLEGE Bo-MR. g JIQas? IMMRS, SMITHS SON: HOW BO YOU TUESDAY, AUGUST 11, 1925 MARKETS Drawn for The Tribune by George McManus DINTY = OO ME A FAvOR- DON'T SEND ~rourR, CHEER UP Boy! NATIONAL BANK ROBBERY HAS TORNED OUT IN OUR FANOR- THOSE GANDITS THE $10,000 FIRST STOLE WORTH OF POSTAGE STAMPS. THAD, POT THERE For SAFEKEEPING - WHEAT PRICES TAKE BIG DWE Government Crop Estimate’ Bring Reaction at Chicago. CHICAGO, Aug. 11.—(Associated Press.)—Wheat prices plunged wild- ly downward today, with traders siving attention. almost entirely to the United States and Canadian government crop reports. Both of these reports were a source of astonishment to the trade, the United States report in particular showing 20,000.000 bushels more wheat likely to be haryested in this country than has recently been) looked for. After the:first rush of selling had somewhat subsided, though, buying broadened out and a substantial recovery was witnessed Chicago opening prices, 2% to 2%\c lower, September 1.60% to $1.62 and December, $1.5812 to $1.60%. were followed by a reaction ta $1.6215 for September and $1.60% for Decem- ber 7. ‘ Subsequently, selling. | presse again became acute and Septentber delivery tumbled three cents under the day's Initia) quotations. An eastern speculator was said to have been’ a leader in the late selling movement. Wheat closed unsettled, 3%c ‘to B%e net lower, September $1.60 to $1,601, and December $1.58% to $1.59. . Corn and oats weakened owing to sympathy with the‘severe break in wheat prices. The government 1 port as to corn however, was con- strued as bullish) and corn pric: soon scored a material upturn After opening at te to %c. decline September $1,047 to’ $1.05. corr rose all around, September touching $1.0634 | Later, reports of. rains.'in Tindis and Nebraska tended to weaken the cor market. Corn closed trregular, %c net lowerto sc higher, Septem Der $1.06 to $1.06%s Oats started at Yc to to setback, September “S1%c to 41%4c, and showed but little power to rally. Inline with hog values the pro: SON TO COLLece!. No INDEED~ The BANK WILE HAVE -[% To STAND GooD For THE LOSS! ~ Chicago Prices. CHICAGO, IIL, pigs steady to weak: $14. @12.40; light light ter pigs $13@14. Cattle—Recelpts 9,000; choice fed steers fairly active, firm, $16 paid $15,50@ Demand for finished steers showing abatement; others slow, erally steady, bulls 10¢ to 1b¢ lower; mostly 50¢ up; best heavy bo- logna bulls-around $5; bulk of veal- ers $13. Packers paying upward of for heayies, several vealers 25c to B0c; other classes stead $13.24. Sheep—Receipts 14,000; fat lambs steady to 25¢ lower, most decline on bulk desirable natiyes to packers $14.50@14.75; few loads to : good range lambs $14.75@15; some held higher, odd lots fat native ewes $6.50@7.5 smaTl lot western ewes $8; stead, few carly sales feeding lambs steady westerns, small Killers $15. at $14.75@15.25, Aug. ; all loads Omaha Quotations OMAHA, Aug. 11.—(U. 8. Depart- Agriculture)—Hogs 12,00 lights mostly 25c lower; bulk desi 40 to 200 pound weight $12,40 $13.65; others mostly 50c: lower; ment of able @13. load -313. 200 to 300*pound bu 13,25; bulk of age ¢ ptical to’ pr: all sales $12 Monday $12 packing sows $1 5@ 13.50; aver- welght p teh 96 1—-w. 8. Department of Agriculture— Hogs —Receipts 15,000; uneven, mostly 5c to 10c lower than Monday's average; ight Hght 10c to 150 off; slaughter interests buying; bulk good and choice. 160 to 5 pound averages $14@14.20; top Heavy weight hogs $13.35@ 13.90. Packing sows largely %11.90 $12.25@14.20; packing ‘sows $11.65@12.70; slaugh- bi FOR MEMORIAL NEW YORK, Aug. 11—{By The Associated Press).—Clewiston, Fia., has been definitely selected as the site for the national monument to the late William Jennings Bryan. Announcement to this effect was made today by Miss Dionessa Bhyan Evans, his god-daughter, The monument will stand in a plot. on the southwest shore of Lake Okeechobee. Florida was the Com- moner’s adopted state, Miss Evans said, adding: “I feel that it is the Place the memorial should be. He Was not primarily a politician, but a crusader, and he believed that there is # future for industrial folk in Florida.’" The site for the monument was donated by one of Mr, Bryan's firm- esi friends, Miss Evans said, and contributions of several thousand dollars already have been received toward the cost of erection, AED GROSS TO SFDN EXPERT (Continued From Page One) inaugurated as the result of rapid increase in swimming sport and recreation, in pools, rivers, lakes and at the beaches.. It alms to’ impress art ttle 000; ted steers a upon the public the dangers involved lings mnoderately active, « in swimming, canoeing and similar $10.50@13.26; several loads y |sports, and arm the people against ight steers $13.25G14.05: top| tragedies that must inevitab)s $14, he stock and bulls strong to ; Bly coats lic and feeders general! grass cows $3.60 to 5.00; heifer as 1 few. } and yate higher; veals steady; stockers bi $5.00 ads upwards to $7.00: : bo where proper training is lacking, Through this service, it is believed Preventable loss of life will be 1 eliminated” by seminating ulk largely correlating and’ dis. information on water anuers safety; by devising sy Beck 4 be dy it y v iS systems of pro- logna bulls $3.75@4.50; practical veal | tection, Prevention, rescue erates top $8.00; stockers and feeders $6.00 ¢ a @8.25; few loads up to $9 suseitation; by organtzing local life saving corps wherever needed and Isp BGOAE aE eee | eee ce sete lambs weak 10 8) by giving leadership to cooperating Wheat Open High’ Low: Close | (Unt ae Leos 8 organizations having facilities for eon. ineee tui range, lambs carrying on instruction in water ween teat neavies mostly $14.00@14 sheep | safety methods, ieee ete steady; desirable welght fat ewes} pie ye cia. $ $5.50@ 6.75; feeders 25c lower; early ween, years of exist- $ sales range feeding lambs $14.00@ | uc? this branch of the Red Cross 1.04% Wiles has achieved wonderful results, its 88% 4 WF activities Dermeating to every soc. ‘90% Denver Prices taps ofthe country, nnd a high stan- ae DENVER, Colo., Aug. 11.——u, g, | "4 Of Service Ins been fostered prt Department of Agriculture)—Hogs—|__ The visit to per of Céptain Bon Receipts 1,000; generally 10c higher; ®@ntwell, who is an export sylitmne ne top $14.25 for two loads averaging |!® Part of this program and one «496-1103 1:06 107% | 220, Pounds: other 200 to 267 pound | Which. should ‘command the ation, "109% tetamy 209% 11% ds $14.00@14.20; drive ins $13,90| ton of the public in general iar an eee 134 ene | (091426: Da sows steady to 50c — acy ibd “* | higher at $12.00 to 12.50: pigs mostly set steady; stockors $12.00; few slaugh- PLANE PILOT M4 ange i 4 | tor kind $13.60 a ° Cattle—800; calves 300; nearly half Ff , xf of run billed through; generals ORCEDDOWN aa eas 150 {ps0 | steady; medium loads “998 pound b p per 18s killing: steers $7.25; load grass heifers 2299 | 38:75: loud rats cows, $5.75; many ae small lots $4.00 to 5.00; few light] DENVER, Colo., Aug. Cash’ Grains and Provisions, | £2088 helters $6.75; toad grase cows| ciated Press) apie Rou CHICAGO, ‘Aug, '11.—Wheat-No, | $75: Many small Tots $4.00 to 5.00; | Colorado national guard Riot * few Mght canners down to $2.10; few | mad coe, 4 ar SUGRGNONKs No.2” hard, Hy olognna’ $8,76: good vealers: monty | Core Raia tee rah ae ne: 1.65; a jostly +» late last night Corm—No, 2 mixed, $1.08@1.09: | $10:00: several londs medium grades| returning trom Parco wet This Do. 2 yellow. $1,081 @1,10. re and feeders $6.00 to 7,00, gave rise to re 5 2 white, 41% @A3e; No. M@ALKO, Rye—No. 2, $1.138%@1.14. Barley—78@83e. Timothy seed—$7. Ribs—$19.00. Bellies—$22,00, WASHINGTON, Aug, 11.~(By ‘The Associated Press)—A second ‘fight to locate an Intermediate base wag begun today by the three™ naval planes of the MacMillan Arctic ex Pedition, Sheep—1800; early Iambs about stead: lower on others; one natives $14.25, sdles alking sharply deck &2 pound \ NEV exchanges Irregular, Foreign Exchange ORK, Ang. nat 11.—Foreign ports tha a t a plane had crashed. Neither the pilot. nor were Injured, and the plane resu: its Might today and was expected to arrtve here early this afternoon. COTTON Quotations in] NEW yor cents: Great Britain, demand 48514;| spot Gist tat ee exbles 485%; 40 day bills on banks peal tl 482. Wrance, dem: nd 4.67 rable: 734; cables FL 4.68 It ily. demand 3.6: ebles | MINNEAPOLIS” ion A 11 5 mand: Belglum 4.61;| Flour, 16e to poe soy, : Germany 23.80, Os pag BESO, a Mel tin ~ PSD $8852.40, brag fi i cS ea of x “ a »: om ~