Casper Daily Tribune Newspaper, September 24, 1925, Page 8

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

Z PAGE EIGHT DAIL bd \ PERMITS FOR STOCK SALE ARE CANCELLED Ki Failure to Submit Semi-Annual Reports With ' Secretary of State Leads to Action Against 21 Companies in State. : corporation, jolidated Min rn C De Weste Competition In Public Utility Field c. ROYLE Casper Tribune) und bidding serve commun!- ight, gas, vote of the shareholders, an- nounted y, the Southeastern Power and Light company will con- solidate w the Southern Power Securities corporation. In addition © the Alabama Power "company, op: trating near Muscle and serv states, the South: will control the operating in ern julf Electric c Alabama and northern Florida, and the ssipp! Power company, mmunities in that state. {vities of the Insull tnter- of ¢ go, headed by Samuel 1, president of the Common. wealth Edison company of Chicago, and the Chi Elevated Rat? und Martin Insull, he Middle West Utilities company, serving c The a ept. 24.—Keen com: groups president of rado-Wyoming Canning company. Denver; Star Coal company, Ogde: Rex Dome Ol company, Laramie; Colorado Discount corporation, Den- ver; Kirby Mutual Coal company, Basin; Colonial Ol! company, Casper; Casper O!] and Gas Syndicate, Cas- per; pufactur- Colorado Granite M & company, Colorado Sp lar Petroleum company, Lander; Wyoming Industrial Finance cor- poration, Denver; McIntyre Oll Syn- Laramie; Dei Pi - pan. Speeded Up Ute Petroleum company, ver; Evans Oll corporation, Cass and the Trail Creek Copper com- of Douglas. er another immediate example of this trend. These Interests have battled successfully for wide terrl- tory in New England, the south, southwest and Mexico. At present, the Middle West Utilities company, an Insull cone-rn, through {ts hold- ings in cther concerns, proyides ser- vice to 1,319 communities in 19 states. The new acquisitions for the most Pact have been in the less densely Populated sections, where agricultu- fal and bu. s8 prospertiy {4 mak- Ing {tself especially felt. A score of other big companies are taking similar steps for expansion. Stocks and Grains dicate, Casper; Cluft Gold Mining.) company, Laramie; Carroll-Texas Trust, Néweastle; Coughlin & Co., New York Stocks Last Sale Allis Chemical and | American Can -.. = 23 American Car and Foundry — 110! American Locomotive — - 116 American Sm. and Ref. American Sugar --~. American Tel. and Tel. Ameriean Tobacco —- American Water Works — American Woolen Anaconda Copper Atchison - Atl. Coart Line — Baldwin Locomotive Baltimore and Ohlo Bethlehem Steet California Pet. Canadian Pacific Central Leather pfd, Cerro de Pasco - Chandler Motor - Chesapeake and Ohio — Chicago and Northwestern __ Chicago, Mil. & St. Paul pfd. There are a number of causes for this “picking up" of public utility holdings. Excellent earnings are an- ticipated for most of the gas, electric Ught and power companies through- out the remainder of this year. Act. {ye indutrial operations and tre- mendous building programa have maintained demand for service. Out- puts for companies have been well ahead of those of previous years. Operating costs have been fairly sta- ble. As a result, net earnings have increased ntrikingly. Far-sighted public utility men have seen in this situation a chance to increase profit further by reduc- ing expenses as « result of consoli- dations and mergers. Service Is Best Guide To Investments--Babson WELLELSY, Mass., Sept. 24.—(By Associated Press).—The probable at- itude of Jesus toward modern bus!- ness investments was discussed by W. Babson today at the na- business conference at Babson interest for he said, “was frowned upon by the church for cen- ries. Of course, no one knows t Jesus’ teachings today would on the question of accepting in- Commodity Fruit JACKSONVILLE, Fla.—Frutt spectors have been sent {nto " te official growers t orange in- the or- pon notl- were rea igan crop and quantl- The yleld is es PRINGFLELD, ple crop is placed compared wi 0,00 last year, HOUSTON pred ion of Wyoming Oils | Quotations py Biss Broker lated Royalty Vucurevich, Building ad Ask 2.25 2.50 -~ 8.80 9.00 5 cr) 09 03 Ot Petroleum --. .00% treat Northern . eek Producers uo. terest, but probably he would ap- prove it as a reward for saving. There was no borrowing for busi- ness purposes {n Jesus’ day—the bor- rowing then was by the poor to keep body and soul together—but had there been, {s locally assumed that a market wage would be collected. “The surest way to select securt- tes tn which to permanently invest, {s to follow Jesus’ principles of for- getting self and consider service that one’s money {s to render.’ Trade News crude ofl in the coastal and south- Texas fleld last week was 179,- barrels, a gain of 1,075. This is} lon of a big well ‘oduction at the Akron about 25 Lumber | | NEW ORLEANS—The mills of| the Southern Pine association last week manufactured 76 $00,000 feet of lumbe: shipped 76,600,000 feet, and sold 84,700,000 feet. New orders were up 20.5 -per cent; production 8.4 per cent and shipments 11 per ce Unfilled’ orders total +800,- 000 feet | — Steel CLEVELAND—Dr, A. E. White, professor of metallurgy at the Unt- versity of Michigan, predicts an tn- definite period of prosperity for the Industry. but has {sued a | Warning that the American industry must keep pace with new deyelop- Nts being worked out abroad. Tobacco | ATLANTA—The Georgia tobacco crop now has been practically mar- keted and has totaled 49,994,831 pounds, which brought an average price of 14.38 cents, Hops PORTLAND, Oregon—Tt 4@ report- ed here that German brewers are tn the market for a large tonnage of Pacific hops to make German. beer. Dry Goods CHICAGO—The acquisition of the John V, Farwell company by Careon | Plerie and company, {s expected to have o big bearing on wholesale dry good trade (n the mid.west. The Far- well company controls production of several textile milla. ’ patito nAALERSE Silver | allver TORK, Sept. $4.—Ta Mexican doliarr 64% & mn te a Southern Rallwa Standard Oil, Cal. Standard Oll, N. J. | Stewart Warner ~ Studebaker Texay Co. - Chicago, R. I. and Pacific Coca Cola -.- Colorado Fuel Congoleum-Nairn Consolidated Gas Corn Products .. Crucible Steel -...-. Cuba Cane Sugar pfd. Davison Chemical Dodge Brothers pfd. Du Pont de Nemours — Electric Power & Light, Erle First, pfd. - Famous Players — General Asphalt — General Electric — General Motors reat Northern péd. Gulf States Steel - Hudson Motors Tilinois Central Independent O. an Int. Harvetser —_. Int. Mer. Marine pfd. --. Int. ickel - Kelly Springfield Kennecott Copper — 54%6 Lehigh Valley -- -- 79% Louisville and Nashyillte -. 119 Mack Truck * Marland Oil Mex. Seaboard Oil Mid-Continent Pet. - Mo., Kan, and Texas Missourl! "Pacific pfd. — Montgomery Ward - Nat. Biscuit at, Lead — ew York Central ; . H. and Hartfor orfolk and Western — ‘orth American — Northern Pacific — Pacitic Of Pan American Pet. B Pennsylvania -_- Phila and Rdg. C. and I. - Phillips Pet. Pure Oil - Radio Corp Reading Rep. Iron and Steel Reynolds. Tobacco B St. Loula and San Fran, - Seaboard Air Line Sears Roebucl Con ‘0! CG} Texas and Pacific - Tobacco Products Transcont, Oil Unton Pactfic §. Cast Iron Pipe U. 8. Ind Alcohol — U, 8. Rubber — U. S. Steel _ Wabash pfd. A Westinghouse Electric ~ Willys Overland Woolworth Chrysler Crude Market | 4 ‘ * Salt Creek, 36 to 86.9 gravity .$1.79 Salt Creek, 37 to 89.9 gravity . 1.87 Roek Creek ..-~-. aqwees ae 1:75 175 1.90 1.90 1.90 1.90 1,75, 1.75 V5 70 2.15 1.65 1,05 1.05 1.30 65 1.35 [*: Liberty Bonds Grass Creek, light ~~... Greybull Torchitght Mule Creek Lander Oesge Pilot Butte NEW YORK, Sept. 24.—Liberty bor 4¥ $100.6; second 4s 4148 $101.28: second Hird 44m > $101.15 fourth (14n $10 8 government | 4ijs 3106.18 COULDN'T / Be GETTeR- STOCKS REACT TOLATE GAINS Selling Pressure Develops on Strength of Over- Bought Condition NEW YORK, Sept. 24.—Selling pressure, inspired by indications ‘of a heavily over bought condition in y industrials, and fears of an rease in the New York Federal Reserve discount rate at’ today's meeting of the board of. governors turned the general course of prices reactionary in today’s stock market. Trading showed a marked expan- sion in yolume, totals sales for the first three hours running close to 1,500,000 shares, Ralls offered much better resist- ance to pressure with independent strength cropping out in a few issues, notably New York Central, Chesapeake and Ohlo and Norfolk and Western, the first named cross- ing 124 in volume, and the last two attaining new peak prices for the year at 109% and 141 respectively, Progressive lowering of the call money rates to 4% per cent tem- porarily checked the wastes of eell- ing but offerings increased in the early afternoon, General Electric ex- tending its loss to §% foints, Amer- ican Can breaking 7 to 8 points, and International Telephone, DuPont, New York Canners, International Harvester and a tew others sagging three to nearly five pointe. NEW. YORK, Sept. ,24.—(Asso- ciated Press.\—Stock prices drifted slightly, at the opening of today market, which wag featured by the strength of the tobacco shares, New high records for the year were estab- lished by American Tobacco common and,y“B", Reynolds Tobacco “B", Lorillard and Liggett and Myers issues in the initial dealings. Motor shares turned reactionary, with Mack Trucks and White Motor drop- ping more than a point. Speculative selling of high priced stocks was influenced by rumors of a possible increase in the New York reserve rediscount rate. ‘Motor and equipment issues were under in- creased pressure and free offerings were made of yarlous specialties tn- eluding American Can and» General Electric, ‘The early outpouring. of stocks restrained buying in ‘other sections of the list ,with these excep- tion of the tobacco issues, which ex: tended their initial gains. Motérs continued to lose ground, with de: clines of.one to two points embrac- ing Hudson, Studebaker, Jordan and Chrysier. Other weak spots included Pullman, International Harvester, American Car and Foundry, DuPont, Congoleum and New York Air Brake, the last two selling at the rs lowest levels. Foreign ex- changes displayed a steadfer tone terling quoted at $4.84 3:18, Poseibilities of a change !n the York Federal Reserve redis- at rate Js a receiving wide- spread speculative attention .in.the field. . Although the recent stiffen: ing of money and acceptance rates, the expanding commercial demand for funds and the Increase in securt. tles holding by banks would seem to provide a basis for an increase in rate, it is felt If. many quarters that no, change will be authorized by the governors at their meeting becau: of the delay of the French’ negotia- tions now in progress. Benr operators were encouraged by the absence of support for many stocks which have recently been sponsored by pool managers and the uncertainty existing as to the federal reserve rediecount rate to be established late today and attacked various industrials and specialties vigorously, A promising upturn in the high grade railrondss led by At- chison, New York Central, Norfolk and Western. and Chesapeake and Ohio, was stopped when acute weak- ness developed elsewhere. General Ratiway Signal broke 7 points, Gen- eral Electric 6%, Briggs Manufac- turing 5% and Mack. Trucks 5%. Call loans were renewed at 4% per cent. Tho closing was weak. Weakness of the grain market accentuated the relling of stocks in the late dealings, with many high priced {ssues fall- ing five to 11 points. Some of the rails however, were bought in an- ticipation of an early decision on the Nickelplate merger. Chesapeake and Ohio and Nicke!plate both jumped more than two points, the former reaching a new high for the year at 110%. Fleischmann with a three-point advance, showed inde pendent strength among ‘the ‘tndus- with triale. Total sales approximated ¢,- 000,000 shares, placa tN i Soe Flour * MINNEAPOLIS, Minn. Sept. 24. Flour, 10¢ lower: family patents e GSAS. Bran $23.59. 1 OE COST PRCT LL * a5 THURSDAY, SEPTEMBER 24, 1925 YeEaH, Tr cegTaiNly 1s ’ Livestock Chicago Prices. CHICAGO, Sept. 24.—Hogs re- ceipts 17,000; fairly active, mostly 15¢ to. 30c higher than Wednesday's average; big packers inactive; bulk | good and choice 140 to 225 pound wolght $13.35@13.80; top $13.95; bulk better 240° to 340 pound butchers $13.20@13.65; packing sows largely $11:99@ 12.40; majority strong weight killing pigs $12.75@13, heavy- welght hogs $13.50@13.85; packing sows $11.60@12.60; slaughter pigs at $12.25 @13.40. é Cattle—Receipts 9,000: fed steers active; strong to 25c higher, in be- tween grades welghty kind, showing most about steady; shipping demand fairly broad; best matured steers at $16.25; few loads of value to sell above $13.50. Yearlings $14.50; she stock fully steady; welghty bologna bulls in demand at $5.25@5.50; veal- ers more active than early; about steady at $13.50 downward to pack- ers, Sheep—Receipts 13,000; slow, few early sales fat native lambs around steady; several decks to packers $14; city butchers upward to $14.50; noth- ing done on fat westerns: few loads feeders steady at $15@15.25; no early sales fat sheep; one double feeding ewes 37.25, a Omaha Quotations. OMAHA, Nebr., Sept. 24.—(U. 8. Department of Agriculture.}—Hogs —Receipts, 8,000; active to shippers, mostly 10@15 cents higher; big packers bearish, talking lower: 140 to 160 pound selections, $12.75@13.10; desirable 160 to 239 pound weights, $13.00@13.25; top, °$13.40; bulk 220 to 300 pound butchers, $12.75@13.10; early sales packing sows. $11.85@ 12.10; bulk of all sales, $11.85@13.15; average cost Wednesday, $12.34; weight, 271. Cattle—Receipts, 4,500; fed steers and yearlings, moderately active, fully steady; bulk, $10.50@12.25; few loado yearlings, $13.25@14.50; grass- ers “steers, steady; other: killing classes, active, steady to strong; bulk grass cows, $4.00@5.50; heifers, $5.75 @6.50; canners and cutters, $3.00@ 3.76; bologna bulls, $4.00@4.50; Ught vealers, $10.50@11.00; heavy calves, $6.0007.00; stockers and feeders, Gull, weak to 256. cents lower: early sales, $6.25@7.00; yearlings, $8.00. Sheep—Receipts, 17,000; ‘late top to fat range lambs Wednesday, $14.00; today’s market mostly steady to*strong; bulk fat range lambs, $14.00@14. top, $14.40; . natives, $13.75@14.00;. sheep and feeders, fat‘ ewes, $6.50@7.25; year- lingd, .$10.50;. bulk feeding lambs, $14,00@14.60; breeding ewes, down- wards from $8.00. , Denver Prices. DENVER, Colo., Sept. 24.—{U. 8. Department of Agriculture.)—Hogs —Receipts, 900; active, mostly 15 to 25 cents higher; early top, $13.50; one choice load held higher; other loads, $13.25 to $13.40; mixed loads mostly packing sows, $12.00; drive- ins, $12.90 to. $13.25; packing sows, mostly 26 cents higher at. $11.00 to $11.25; late Wednesday cight cars from local feed lots to big packer at $14.10, averaging 239 pounds Cattle—Receipts, 1,900; calves, 100; beef steers and fat she stock, steady to strong; other. killing classes, about steady; one load Killing steers, $7.25; small lots grass cows, $4.00 to $5.50; mixed cows and helfers, $6.50; helf- ers, $3.25 to $6.75; most canners, $2.50; cutters, generally $3,00 to $3.50; bulle, $3.00 to $3.90; vealers up to $12.0 three loads feeder steers, $8.25; other loads, $7.60 to $8.00; stock steers, $5.50 to $7.10. Sheep—Receipts, 12,900; elghteen cars on through billing; early sales fat lambs, steady; five cars out 16 car string, $13.75; run mostly feed- ing lambs; car common feeding and breeding ewes, $6.00; about eteady. —__——_ BOSTON—A packet line to operate between Boston and Miami, Fla., ts contemplated by the Boston Ship Broker Co., which announced that the four-masted schooner Tifton ls to be placed on the loading berth to be followed later by the reached owing to the in decision wi difficulty shippers have faced sending s00ds,to Florida. (Bett dade ATLANTA—The Southern railway will put on a new all-Pullman train from Atlanta to Kannas City to care for increased tourist travel to the southeast from the middie west, PHILADELPHIA—A weekly fast freight steamship service from Phil. adelphia to Miami was established this weel. ¢ POULTRY. | NEW YORK, Sept. 24.—Liye poul- | try Irregular; no freight quotations: chickens by express, 26@32¢; fowle by express, 15@ Sic. poultry firm: prices un- | bianaed Oil and Financial News THEM PIRATES must GE © PRETTY TOUGH BUNCH TO BEAT ThouGH -. GRAINS CRASH INPIT SALES Price Setback General Futures Trading on Chi- cago Exchange in CHICAGO, Sept. 24.—(Associated Press).—In every grain pit on the Chicago Board of Trade, new low price records for 1 were chalked down today. General selling on the part of owners was the rule-and the consequent fall in values forced into operation many Standing orders to stop losses at various pre-arranged limits. CHICAGO, Sept. 24.~(Associated Preéss.}\—All_ future deliveries of wheat dropped to below $1.50 a bushel today with December under $1.46 for the first tlm> in many weeks, There was much selling out to stop losses on the part of holders and as a rule commission houses were also on the selling side. Sell- ing was'‘largely based on continued piling up of supplies in Canada and on apparent indifference of Euro- pean buyers. Chicago opening prices %' to 1% cents lower, December $1.46% to $1.46% and May $1.49 to $1.50%, were followed by an addi- tional fall it carried December down to $1.45% and May to $1.48%. Subsequently the wheat market, especially May delivery made a swift further decent and May reached the lowest price ievel yét this season, 6%% cents under yesterday's finish. The market was virtually without any .buying support except from previous sé@llers who were in a posi- tion to collect any profit. Ralties ensued, however, just at the last. Wheat closed unsettled, 2% to 4% cents net lower, December $1.44% to $1.48% and May $1.46% to $1.46%4. Corn, onts.and rye each estab- lished a new all-around low price record for the season: Only scat- tered buying of any of the three cereals was {n evidence. After open. ing unchanged to 4% cents lower, December 79 to 79% cents, the corn market, suffered a general decline, December touching 78% cents. Additional declines ensued but the market recovered somewhat before the finish. Corn closed nervous, % to % cents net lower, December 79 to 7914. cents, Oats started at % cents off, De- cember 40 to 40% cents. Later all months showed considerable loss. Despite an adyance in hog values the provision market was responsive to the weakness of grains, Wheat— Open High Low Close Sept, ---- 1.46% 1.47 1.421 1.44 Dec. ---- 1.46% 146% 1.42% 1.441% May 1.50% 1.44% 1.46% Corn— S1% 82% 81% 81% 19 _ 79% .78 83° 88.88 % CHICAGO, Sept. 24. 2 red, $1.66% @1.68; $1.49. Corn—No. 2, 83% @84c; No. 2 yel- low, 8314 @S4%c. No. 2 Oats—No. 2 white, 38% @40c; No, 3 white, 38@39e. Rye—None. a > Barley—55@75c ; Timothy seed—$7.00@8.10. Clover seed—$19.25@ 27.00, Lard—$17.3 Ribs—$18 Bellies—$21.1 arket Gossip | NEW YORK, Sept. 24,—(Assp- clated Press }—An outburst of buy- ing activity in French government bonds listed on the New York Stock Exchange followed the opening to- day of the French debt negotiations in Washington, French govern: ments of 1949 were bid up one point to a new bigh record for the year at 93% on total transactions that ran well above $1,000,000 be fore 1:50 p,m, Other Frgnch gov ernment and munieipal bonds also showed marked improvement tn tone, although ¢ y¥ fractional, YEAH, BuT ID MAKE THEM Basics WALK \ THE PLANK yer” THEY'O WALI ide ~] MARKETS — ms — FELICITATIONG EXCHANGE MARK ~ FIRST SESSION AT WASHINGTON (Continued From Page One) American desire and duty as one in the direction of a settlement that would be fair to all and “in the prac- tical test of time, workable.” M. Cailldux spoke very briefly ex- plaining that the hope of the French was {o reach a settlement that would not only be practicable in so far as material interests are concerned but one that would be “worthy of the past of the two nations.” He said the designs between the two com- sions should go forward in such a way to “fortify peace and help tho economic stabilization in the world."” “I have come from France,” sald Mr Caillaux, “entrusted by my gov- ernment to meet the obligations of my country towards the ‘United States, “Highly appreciated members of our parliament belonging to all par- ties, chairmen: or reporters of the financial and trade commissions of the upper and lower house, have been 80 kind as to accompany me, Like myself these gentlemen have the greatest desire to reach a settle- ment. “We do not forget and no one in our country will ever forget what wo owe to America “for her splendid work to end victoriously the, war and for the generous help our peo- ple recelyed from citizens of the United States in time of need. We neither forget and we feel sure ‘no- body on this side of the Atlantic for- gets the ties knotted between the tivo countries. “Now. if you wish we will now go to work, desirious to come to a@ set- tlement -satisfactory for all, and worthy of the past of the two great nations, combined in such a way as to fortify peace and help the eco- nomic stabilization in the world.” Replying to the French minister, Secretary Mellon sak “One by.one the world {s overcom- ing the effects of the war which so long after its termination, linger with ys. The Dawes plans {s a for- ward step toward economic stabili- zation in Burope. The reconstruc- tion of devastated areas approaches conclusion. Governmental expendi- tures are becoming more regular, more certain of estimation and more possible of being met through taxa- tion; and budgets are approaching equilibrium, There still remain, how- ever, loose ends to be gathered in. War and post-war governmental debts in many cases remain unset- tied. ' “To establish the binding character of an International promise and to protect its own citizens, the cseditor nation must seek adjustment. To keep good Its word and to give itself time to recover its prosperity, the debtor nation must determine its fu- ture abilities, No concern can suc- cessfully be reorganized in the face ‘of unfunded demand obligations. 50 we meet here in council as business men to conclude the one matter which is in controversy between the two countries. “The war {s oyer, but we mini- mize neither the burdens France has borne nor the difficulties which men- ace her future. Through the neces- sity of recreating her destroyed pro- ductivity, through postponement of reimbursement from the destroyer, her present fiscal situation has been permitted to become impaired. We should make allowance for this con- dition. France now faces, however, al! of the facts under a strong leader- ship and with the courage which withstood tho assaults at Verdun. Tho condition $s not permanent. France will emerge successfully from her difficulties. “We know that this conference opening today may Influence greatly the peace of the world. We oursel cannot escape its repercussions. We feel therefore the great responsibil- ity upon us, {ft is our duty to reach with you a conclusion in the esti- mation of each of our peoples, fair, and in the practical test of time, workable. In this constructive atti- tude of the representatives of the two countries who now meet togeth- er, solution will come, “Mr. Minister. and gentlemen, I welcome you here.” The joint session today was com: partively brief, lasting only a little more than an hour, It was followed however, by a meeting of-the Amer. can commission which It was {ndi- cated, was prepared to talk over the general situation among its own members. The conclusion of the joint session gave the Frencly ‘a test of treatment by a small army of Amer: fean news reporters, M. Calllaux took the affair as a matter of course and frequently cau. tioned members of the commission » gains were large | to sit still while the pictures were being made. After an hour’s discussion the American commissioners adjourned their meeting, to be called together again later in the day and it was decided to have another conference with the French mission after to- morrow’s meeting of President Cool idge and his cabinet. There was no announcement of the offering of a concrete plan for settlement by elther commission but it was indicated that M, Caillaux had left with the American commis- ision a document setting forth France's position. From this, it was presumed “it would be possible for the negotiators to gain an insight into the lengths to which France could go. The impression prevailed that the negotiations would be more in the nature of a trading proposition than the submission of concrete offers and counter offers. A CHICAGO, Sept. 24.—Potatoes— Receipts, 71 cars; total United States shipments, 1,088; trading fair; market steady; Wisconsin and Min- nesota sacked round whites, $1.90@ 2.10; Wisconsin bulk round whites, $1.90; Colorado and Idaho sacked Rurals, $2.15 pper— NEW YORK, Sept. 24. Dull; electrolytic, spot and Yutures, 14% @14 Se. Tin—Eas; epot and nearby, $58.87; futures, $558.60. Iron—Steady; prices unchanged. Lead—Steady; spot, $9.50. Zinc—Firm; East St. Louis spot and futures, $7.90, NEW YORK, Sept. 24,—Call money easier; hich 4%; low 4; ruling 3 closing bid 4; offered at 4%; last loan 449; call loans againat acceptances 4%; time loans easier; mixed Collateral 60-90 days 44% @4%; 4-6 months 414@4%; prime mercen> tile paper 4%. | a) Foreign Exchange NEW YORK Sept, 24.— Foreign exchanges, steady; quotations in cents: Great Britain, demand 484% cables 48414; 60. billa. on banks 480%. France, demand 4.7 ca bles 4.73. Italy, demand 4.07; ca- bles 4.07%. Demand: Belgium 4.3514; Germany 23.80, Butter and Eggs CHICAGO, Sept. Higher; receipts, 45,900 tubs; cream- ery extri c; standards, 4614¢; exe tra firsts, 45@46c; firsts, 4215@44e; seconds, 39@41%4c. Eggs—Higher; receipts, 5,964 cases; firsts, 34@36c; ordinary firsts, 28@aze. NEW YORK, Sept. 24.—While no changes were reported today in re fined sugar, the demand was less active. Prices were quoted from 5.30 to 6.45 for fine granulated, Sugar futures closed easy; proximate gales 55,000 tons. ber = $2.34; n $2.28; 2. 82: July $2.49, 252; May $2.40 Cotton NEW YORK, Sept, spot steady; middling $: ———. 24.— Butter— ap. Decem- March 24 —Cotton POULTRY, CHICAGO, Sept. 24.—Poultry, 10 cars; springs, roosters, 16c; tur: keys, 20c; ducks, 18@2lc; geese, 150, FLAX, | DULUTH, Minn., Sept, $4.—Close ; Max: October Docember £2.58: | ————-_ 7 ‘Tell the Advertiser—I saw |vhe ‘Tribune, ea ‘ x | | : i ? Antimony—Spot, $17.12@17.37. ty & pa j

Other pages from this issue: