Casper Daily Tribune Newspaper, August 14, 1925, Page 8

PAGE EIGHT DAILY Stocks and Grains The Casper _TRIBUNE IS MORE OPTIMISTIC Domestic, Territory and Fleece Wools Show | Decline of Cent a Pound But General Tone Of Market Is Improved. the following wool quotations Ush Ohio and Pennsylvania washed 54@55c If blood comb! 3@5ic; % blood 52c; fine unwashed 47@48c Michigan fleeces, half 3% blood | blood combing 50@ } hed 44@45c. Missour! and average Delaine u blood = combin. NOW- REMEMBER > PLAY UNTIL | TELL YOU j TO STOP Uy Daily Cribune FRIDAY, AUGUST 14, 1925 Oil and Financial News BOSTON WOOL TRADE, [BRINGING UP FATHER VLE BET THAT. GOY UP STAIRS 19D SICIK OF THIS - VLU MAKE IM- GEE. THAT'S ROTTEN! APOLOGIZE TOME - WZ PRODIC “AKIN HAROLY STAND VT MESELFY DIS XOU SEND FOR ME- SIR? ©1925 ay Inc Featune Seavice, Ince, Great Britain rights reserved. NES- | WANT. x ~OUO TO CONTINUE PLAN IN’ ONTIL. TWELVE TomqHT-} UPSTAI HIREO THE EVENING! } 1M SORRY- SIR-BUT 14} THE GENTLEMAN (—~ MARKETS ---Drawn for The Tribune by George McManus RO HAD US FOR c % blood 49@50c; % 4 blood 48@49c Texas, fine tw fine and F, M. combing, | ; eastern clothing $1.10@ No. 1,°$1.10@1.15. Montana and similar, choice, $1.30; 4%. blood % blood comb: 2; % blood combing 90 ally from France otations from the are few and irregular. there has been little eck. fine combing Pulled Delaine $1.20; A, A. $1.23@ dull and prices no more | 1.32; A $1.10@1.15; mohair best combing 75@80c; best carding 65@700. | Autos DETROIT—Michigan will join | other states in attempting to bring interstate. bus lines under jurisdic- tion of individual! states rather than of/ the Interstate Commerce Com mission which, local transportation PHILADELPHIA—The first work| men say, is too far removed to take toward the erection of the new $10,|up local problems. + 000,000 store of Gimbel Brothers} here is now going forward with the Business Briefs Bethlehem Steel - California Pet. - Antwerp 6, ling at 2030 in first Wall Creek sand. active service by the Great Northern, hauling freight trains over the Mon. tana mountain, Three more are| Pilot Butte—Sec. 27-3-1, Dora Enos| Canadian Pacific being ‘bullt‘by ‘The en: No. 8, drilling at 2065 feet. Central Leather pfa. weights approximately one million] Bull. Creek—Sec. 2-57-62, well No.| Cerro de Pasco - 1, drilling at 965 feet. YOHE LOSES IN Chandler Motor — Chesapeake and Ohio ~ Chicago and Chicago, Mil. & St. Chicago, R. I. Coca Col: Colorado F Congoloeum-Nairn pounds. FORT WORTH—The hog: short- age in Texas is the mos: severe ever kuown and the state will have to spend 5,000,000 outside to buy its needed pork products. The decline s due largely to increased intere: in farmung. Consolidated G ERR | Cern roducts ATLANTA—M ts are in glee} Crucible Steel > prospects of a gasoline war. | Cone Camete nu Wofford company has -an B. TEC Dayloon Cheri sed a reduction of 3 cents a gal-|__ | (Continued From Page One) Dodge Brothers pfd. - ng “secret rebates, yone was cited to appear on this| 1. pont de Nemours onveswon dig | Charge. f tag ome Spent Yohe replied that the district court | Piectric Power and Light Gh had no power in’the case in that | Bre First pfd. ------- orth American|the order given by Judge Rose panous Eyaears teed 61,020 short tons|!ad been illegal, That the order ental * copper in July against $2,077 in| Was illegal was based on the allega- Genarl Statoie re, the Amerisan Bureau of vital| ton that the liquor was contraband raat athe report. ‘iho peak for tho ane aegis anet ee returned regard- Gu Bras 2,202 in MEAT ss of the l y julf States ea was 92,202 tas in Mare h | less. ot the dogalityiot the method (ot)| Sie Te ears = Tilinots Central --_- Independent 0, and G Int, Harvester Int. Mer, Int. ‘Nickel ----- Kelly Springfield Kennecott Copper - He then applied to the supreme court for a writ of prohibition to restrain the district court from tak- ing further action in the contempt proceedings. An alternative writ was {ssyed un- ti further action could be taken in ELEVEN DEAD, | 160 HURT, IN the matter. Immediately Enterline| Lehigh Valley -- and David Howell, attorney genera! | Douisville and Nash WRECK file motion to quash the writ and| Mack Truck ~~ \a s the petition on the grounds| Marland Oil th cause for the action was| Mex. Seaboard Ol = = 3 a © petitic Mid-¢ {EINS, F down by the Thursday e ned ae ei-weriiic s expected re piled .up time a mandate will be is. it | Sued to-the district court The trunk which was seized trom Fuchs is‘sald to have contained, ac-| North Ameri cording to inventory at the time,| Northern three fourths quart of rum in a bot-| Pact = Pan American Pet velopment the before 30 days at been an hour, instead of outside the station. th ire. The passengers | tle, one quart of brandy in a gallon in third cl sections | bottle, one case containing 24 pints| Pennsylvania - far as is known, no Ameri-|of wine, ¢ pints of the same, six | Phila and Rdg. ¢ I ere nmong the dead or in-| 4nd one pints of dry gin, one] Phillips Pet. |quart bi ysinthe, four quart] Pure Oil — re er unhurt and ‘ Dawson Scotch | Radio C ental ¢ being ex- | whiske bottles of Creme| Reading ~ mined jole Menthe, and four additional] Rep, Iron and Sea ennEET quarts of whiskey Reynolds Tot eS aa ; St. Louls and Seaboard Air L Sears Roebuck OTATOES | METALS CHICAGO, Aug. 14.—Potatoes re Hohl ad elpts 48, ¢ k 181 cars; total x i ited States shipments 65 NEW YORK, ‘Aug, 14.—Copper pane ein x market about steady firm; electrolytic spot and futures ey ah a cals 144 @ 744 : Stands ; Tin Ma spot and nearby 68.37 BeawertWvarne: - Iron steady; prices ’ unchanged. | Texas Co. ---- Lead firm; spot 9.25@10.12 Texas and Pacific --. Zinc firm. East St. ‘Louis spot | Tobacco Produc nd futures $7.57@7.60 Transcont. Ot! | Antimony spot 18.00@18.25 Union Pacific —. | —————-———___ U. S Cast Iron Pipe - | Poultry U. 8. Ind. Alcohol - Aug. 14.—Poultry alive | U. 8. Rubber - NEW YORK, Aug. 14.—Call mon receipts 5 cars in; 8 due;| Us 8. Steel - steady; high 4; low 4; rullng rate | fowls 1816 @26c; eprings 230; ducks | Wabash pfd. “A’ & bid 4, offer 4%. Last | 23c. Westinghouse Electric call loans against a stances | Cheese uncha twine 229@| Willys Overland e loans easier ed col. | 28er tw 234234, Single | Woolworth § Jays 444%: 4.6 monthe | dulstes 2 ©; Americas 4 D | Chryrte ‘@4%;. Prime commorelal paper Jo 4 @ Me: brick es ee $1.30; fine eight a1 $1.15@1.20; California, nor- |thern $1.20@1.25; middle country | % GOOD MORNING - | $1.10 1.15; southern $1.00@1.05, MR TYTE = YOU'RE Eastern No. 1, staple, OvT EARLY THIS MORNING * king of the famous old Girard SACRAMENTO, Cal.—With the ‘nis Chemie and Dye. House, once the favorite stopping| Present warm weather, cotton ts| (708 (oemecS y place of General Winfield Scott. The | making excellent progress in all the | American CAM —-o---- = only old building to Lo left standing | srowing districts of California. Aheciean re elite the block covered by the store yebie eter Pes ae shoes willbe Leary’s old book store, own- fatecican) Sah ane 4 by Edwin 8. Stuare, former goy- ae Grnor of Pennsylvania, and fo-mer + 5 grner ca Agatad ae mayor of Philadelph pontiment bs obacco prevents Mr. Stuart from selling the e OSS! Aas an water: We re sew etore will be J oolen ines athe ‘ Anaconda Copper ST. PAUL.—The largest lecomo Marine Oil Company Operations Atl, Coast Line «% ever run on 4 track in the Balt Creek, Sec. 17-39-78, Marine 9,| Baldwin Locomotive srthwest will shortiy be put tsto]drilling at 2262 feet; Sec. 22-40-79, | Baltimore and Ohio ‘orthwestern Paul pfd._- and Pacific. etfs 164 115 = Q = Z v e) re Ww » o > 3, YES - YOU St& IVE BEEN WALKING * TO WoRK LATELY FINE IDEA: LD LIKE TO WALK \/ AND iT WITH You FOR THE EXERCISE BES Bur IM INAHORRY SO TLL GRAS ASTREET CAR- L SPOSE YOU HEARD ABOUT STOCK PRICES ARE BUOYANT Leading Industrials in Good Demand as Bulls Renew Operations W YORK, Aug. 14,—Stock gave another impressive dem- ration of strength today with n Can, Mack Trucks,’ Gen- ectric, International’ Tele- phone, Norfolk and Western and about a score others mounting to new heights for the year. Easy money rates, reports of expanding trade and favorable dividend news alto encouraged buyers. The clos- ing was strong. Total sales were 1,350,000 shares, NEW YOR Aug. 14.—(By The Associated Press)—Stock prices dis- played a strong tone at the opening of today's stock market. Resump- tion of bullish operations was en- couraged by the publication of a favorable July foreign trade state- ment, declaration of an extra cash dividend of $1.00 on General Motors common, which opened a point high- at 92, and another increase in the ‘al reserve bank ratio, indicat- ing no strain on the credit siuation. DuPont recorded an initial gain of 114% points at 157. ya y of the high priced in- one of the early fea t 5 Trucks soaring six points 214, International Tele- phone 4% to 1.43, General Electric three to 4 nd American Can 2% to 2 at record high 2%, prices, DuPont fell back about five points from its initial price on real- izing. New peak prices for the year Iso w established by Frisco com- mon, New Haven, Seaboard Airline, Great Northern preferred and Amer- ican Linseed preferred. General Railway Signal jumped five points, and United Ratlways in- yestment preferred three, | Better buying suppo! general indus St common, ise A was provided for the , United States Motors all and advanc e end of Foreign ex changes opened firm, Demand Ster- uling around $4.85% and franc: ‘ound 4.67 cents With the technical position of the market apparently improved by the extensive short selling of the last few days, operations for the rise conducted with confidence throughout the morning. Squeezing of the shorts in the high priced in- dustrials continued, American Can Westir uk: or more half hour were being run up to 246 before mid-day, Sears Roebuck jumping 6% points and United States Cast Iron Pipe five polnts. xpectations of large lroad orders next month stimu- lated the buying of the equipment shares, while the mail order stocks continued to reflect the reported im- provement in pgriculture centers. Some of the early strong spots in- elude Coca Cola, Montgomery Ward, York Dock and White Motors, e last named crossing 97 to a new ord top. Call money renewed at r cent. Steel went to 122, Baldwin Southern Railway to 1.02% and Norfolk and Western to 138% under the impulse of the early after- noon, Larger gaing were established na number of the less active issues, International Harvester, General Electric, Commercial Solvent A and International Business Machine gain Ing 4 to 4% points. Olls showed improvement, particularly Standard OW of California, Barnsdall A and Independent Oil and Gas. pees SD <terslzchetetie MINNEAPOLIS, Minn., Aug. 14.— Wlour unchanged to 10¢ higher, patents $9@a barrels. Bran $26. BEING REDUCED ? THE CAR FARES Quotations by Blas Vucurevich, Broker 208 Consolidated Royalty Building Bid Ask Western Exploration - 3.00 3.15 Consolidated Royalty 10.15 10.25 Central Pipeline 50 BE. T. Williams -. 08 09 Bessemer -- 10 Western States . 208% 09% Kinney, Coastal 07 07% Columbine ~ 02 03 Jupiter ~ 193% 0445 Elkhorn 10315 .04% Domino . 0315 0415 Royalty Producers 303% .04 Sunset - 00% 00% Picardy 00% 01% Atlantic Petroleum 00% 0014 Great’ Northern 20045 §.005% Quaker Oil ~~ 00% 0013 Preston Oil per 1,000 -. 1.00 2.00 MacKinnie 10 AL Buck Creek -. 09 10 Chappell 07 09 Riverton: Pe 3.00 3.05 Argo Oil -. 3.50 4.00 Curb Stocks. Ohio 624% Mountain Producers 2 Salt Creek Producers 25 Continental ~~ 23 New York Oil 8% Salt Creek Consolidated -. 6% S. O. Ind, 62 Humble Oil 59% CRUDE MARKET, 1.60 2.00 Big Muddy ~--------. 2.00 Elk Basin .-------------2----- 2.15 Lander scesnnennenecennaene— 10 2.15 2.15 2.15 2.15 2.00 Cat Creek --nnn-----2c-n------ Lance Creek Osage Grass Creek, light Greybull ... Torchlight ..-..--. 2.00 M Creek -2--------c-cen-ee 1.25 Sunburst -. 1.55 Hamilton Dome -...-.-. 1.05 Ferris -.. 1.05 Byron .. - 1.30 Notches 65 Pilot Butte 1.35 Butter and Eggs CHICAGO, Aug. 14—Butter un- changed; receipts 16,178 tubs; cream- ery extras 40%3¢; standards 41c; ex- tra first 39%c@40c; firet 38140@ 39c; seconds, 37@38c. Eggs steady, receipts 9,493 cases; first 30c@31c; ordinary firsts 28%c G20, | SUGAR NEW YORK, Aug 14.—No im- provement was noted In demand to- day for refined sugar which+ was again on a: hand to mouth ba Prices were’ unchanged at $5. $5.50 for fine granulated Sugar futures closed steady, Ap- proximate sales 48,000 tons. Septem. December 2.66; January 3 May 2.82. Liberty Bonds | NEWYORK, Aug. bonds closed: 3438 100.2: 101.23, Second 4%s 100. 448 101,12, Fourth 445 1024 S. Government 4%8 106.2, pare uke > Andes Stan | * SILVER | NEW YORK, Aug. 14.—Bar aejlver 69%3¢: Mexican dollars 63%4c. WHY THAT'S FONNY! L THOUGHT You'D Br, JHE LAST PERSON iN THE WORLD TO COMPLAIN ABObT (T noes age WHEAT LOWER ON CHOP NEWS Better Weather Conditions in Europe Used is Bearish Factor CHICAGO, Aug. 14.—(By TheeAs- sociated Press}—Reports of better weather in Europe, together with a break in Liverpool quotations for future deliveries gave a sharp early setback today fo wheat prices here. Free selling ascribed to recent spec- ulative buyers accompanied the downward swing of the Chicago market. Purchasing on the decline was of a persistent character but consisted mostly of small lots, The opening, 2 to 3 cents down, Septem- ber $1.62% to 1.63 and December $1.60%5 to $1.61% was followed by a further drop which carried Septem- ber to $1.62 and December to $1.59%. Sharp additional declines ensued, especially in the late dealings, Sep- tember going to 4%@4%c under yesterday's finish. Arrival of new Wheat at Winnipeg had a bearish effect here and so too did hedging sales at Minneapolis, The close, un- settled 3%c to 4% net lower, Sep- tember $1.60% to 1.60% and Decem- ber 1.58% to 1.58%. Corn and oats displayed relative strength compared to wheat. As a rule selling of feed grai nlacked vol- ume and was confined to pit trade! After opening unchanged to %c off, September $1,031 to 1.03%, the corn market recovered to about the same as yesterday's finish, With offerings continuing scarce the market subsequently advanced. The close was firm at the same as yesterday's finish to 1%%c higher, September $1.04%4 to 1.04%. Oats started at %c to %4c lower, September 41 to 41%c and then made rallies, Hog values higher tended steady the provision market Open High Low to Close Wheat— 1.605 1.53% 1.62% 1.04% Cash Grains and Provisions CHICAGO, Aug, 14.—Wheat ‘hum- ber 2 red $1 number 2 hard $1.64 Corn number 3 mixed $1.03 number 2 yellow $1.06@ Oats number 3 white 401 number 2 white 4114@42%; NEW YORK, Aug, 14.-—Foreign exchanges steady; quotations in cents: Great Britain demand 4.85%; eubles 4 sixty day bills on banks 482: France demand 4.86% cables 4 Italy demand 3.61 cables 3.6116. Demand: Belgium 4.50 Germany 23.80, LVE GOTA ( Good REASON “TO COMPLAIN - - CHICAGO, Aug. 14.—(U. S. Depart- ment of Agriculture)— Hogs—Re- ceipts 15,000; uneven, mostly 10¢ to 20c higher than Thursday's average. Few sales ight light 15c to 35c higher; big packers inactive; bulk good and choice 140 to 225 pound averages $13.70@14. Extreme top at $14.25; packing sows mostly $12@ 12.80; majority 110 to 130 pound slaughter pigs $13.50@14; heavy weight hogs $13.10@13.75; light light s12@14. packing sows $11.70@ 12.50; slaughter pigs $13@14. ° Cattle—Receipts 3,000; generally steady with yesterday's decline. on most killing classes; steer run of comparatively plain killing quality; bulk short fed and grassy offerings at $7.50@9.50, Mixed yearlings scal- ing around 800 pounds $12.65; bulls weak, bulk bolognas $4@4.50; veal- ers 25c lower; bulk to packers $12.50 @13.50; outsiders upward to .$14 in a few instances. Sheep—Receipts 15,000; fat lambs fairly active, steady to strong; de- sirabv's natives $14.75@15; few well sorted Jambs $15.25; part of range lambs not in; six doubles Idahos with 240 sorted out $15.50, Odd lots fat native ewes $6.50@7.8: ing done on feeding lambs, Omaha Quotations. OMAHA, Neb., Aug. 14.—(U. 8. Department of Agriculture)—Hogs— Receipts 7,500; 10@25c higher, ad- vance most pronounced on lights; bulk 140 to 200 pound average $13.40 @13.50; top $13.55; 200 to 250 pound butchers $13.10@13.50; heayy butch- ers downward to $12.75; packing sows $12@12.25; bulk of sales $12.10 @13.50; average cost Thursday $12.48; welght 260. Cattle—Receipts 1,000; fed steers and yearlings slow, about steady; run mostly short feds and warmed up; bulk $8@9.85; yearlings $13,15; she stock steady, bulls dull. veal strong; stockers and feeders scarce, nominally steady; bulk grass cows $3.75@5.25; heifers $5@6.25; canners and cutters $2.60@3.50; practical veal top $8; few to independents up to $9. Sheep — Receipts 12,000; killing classes steady, bulk fat range lambs $14.50@15; top $15; natives $14@ 14.50; best fat ewes $7; feeders dull, weak; early top range feeding lambs $14.75 et BOLD ROBBER SECURES SACK OF U. S. MAIL KEWANEE, Ill, Aug. 14—(By The Associated Press}—Stepping up to a mail truck just after it had re- ceived a pouch of registered mail from a Chicago, Burlington and Quincy train, a youthful robber yes: terday compelled the driver to give him the pouch and conyey him to a waiting automobile in which he escaped. Federal secret service men from Chicago sought him today while they checked up to determine the umount of the loot, Money from Chicago banks for Kewance factory payrolls frequently {s contained In the pouch The robber, described as well dressed and about 25 years old, may haye known the matl sack contained valuables, investigators believe. He aid not molest other pouches. The mall sacks had been trans- ferred to the truck from the train. a Chicago to Denver Mmited, — Tribune Want Ads Bring. Resulte spot ~ LOSED To SAVE SEVE BY WALKING - NOW TLL ONLY SAVE SIX! MAN FELD FOR THREATS MADE. ~~ ONSECRETARY K. C. Suspect,Confesses Sending Letters To Mellon. KANSAS CITY, Mo., Aug. 14. (By The Associated Press)}—Will Ks Reeme, who yesterday confessed td sending an anonymous letter to Ans. drew Mellon, secretary of the treas ury, making a threat on Mellon's, lite, is being held at poljce headquar~ ters for investigation. What to dd with him is a problem as yet un- solved by authorities. : William A. Shreeye, chief of police, said be believed the sanity of Reeme should, be determined and if he is mentally unbalanced, he should be submitted to an asylum. Reeme is aw insurance broker. j Chief Shreeve said he knew of no federal or state law that makes it criminal for a man to write a threat- ening letter unless it is accompanied by a demand for money, except in the case of a threat tothe president of the United States, when the writ- er may be prosecuted. However, William H. Davenport, chief of the United States secret service, in IKXansas City, said he be- Meved a statute could be found cover- ing the Reeme threat. The four page letter was mailed on a train at a suburb of Kansas ct July 31. The writer charged Mr. Mellon with being lax and in- different in regard to the prohibition amendment, and accused him of “treasonable life and action.” Army Aviators 4 Taking Rest At Salt Lake City SALT LAKE CITY, Utah, Aug. 14. —{By The Associated Press)—Four United States army aviators were resting in Salt Lake City today after a six hundred mile flight from North Platte, Neb., yesterday in a Doug- las corps observation plane. They landed here late in the day’ after eight hours in the air, and are on thelr way to Rockywell Field, San Diego, Cal., from Kelly Field, San Antonio, Texas. It is expected they will hop off from Salt Lake City some time tomorrow, Rockefeller Estate Will Get Rebate NEW YORK, Aug. 14.—(By The Associated Press)—The estate of the late William G. Rockefeller will be retmburs¢d by New York state to the extent of $257,594, under an or. der issued today by Surrogate O'Brien. The suri covers taxes pid in New York on property located in cther states “4 COTTON YORK, steady NEW Auz. middling 14.—Cotton 23.75 we ,