Casper Daily Tribune Newspaper, September 29, 1925, Page 8

PAGE EIGHT = PWO OIL COMPANIES INVOLVED IN MERGER Cailfornia Petroleum Company Purchases Ven- tura Refining and Mohawk Oil Companies, Report From Los Angeles States. producing r€ about at Ful. Ventura county distribution ura deal ig said to ha an exchar Ventura ¢ ells product, rrels a di Fe Springs and at } Commodity ‘Trad 7 ae e News ight Dry Goods. ANTA.—The drop w n the south spectall oi. TOLEDO.—The Sinclair oil com he first op are ices are high Bulbs. Livestock. WORTH. — Lambs The interest | soline to | Che Casper Daily Cribune DAILY [___ seem ~~] TRIBUNE ' YOU KNOW ME, AL---Advyentures of Jack Keefe \ SEE WHERE 2 Dear Al: Nie a Well Al we is on our way # home to wind up the season with the Cleveland Indians in old Chi. L half to laugh at what an lucky stiff that Joe Whelan is. When | | PLAYELe OF T SEASON TALKIN’ ALL READY Q@BouT SELECTIN’ THE MOST VALUABLE wa THE YS HE * Oil and Financial News ae TUESDAY, SEPTEMBER 29, 1925 —_—— WELL, 1F THEY LEAVE THE OTH YOVLL iT To ER CLUBS BES Collins got hurted he was forced to put Joe on 2nd base and some- how the bum got a lucky hit which won a ball game last wk and theys all raving about how he has filled Eddie’s shoes and word has passed by that the Sox want to sine him for a 3 yrs. con- tract. I seen in the papers where they is all talking about picking the most valuble player in the league and I spose Joe expects that honors too but I know one ball player what is more valuble. You know me A} | Jack Keefe | (Bees oh BRINGING UP FATHER [ GY GOLLY! IVE CALLED UP EVERY BODY | KNOW AN’ SOME | DON'T KNOW AN’® THEY ARE ALL OUT- ate s!T'S, LONE SOME WITH: I, MAGGIE OUT OF ~~ ws in| lg ever before in t 4 ted here in | districts, due to drought which | tar of bulbs of} prevailed on the ranges. The crop | | wers shipped from Hol-|{s short. | wa eine a ins || New York Stocks | | sf | Last Sale | remical and Dye ------ 101%} { a Un merican Can ~~ | Re Series, \4 Car and Fo! 0 | a 4 an Locomotive - int From Page One) of the navy, at a dinner given in 1 Sm, and Ref. - 11% asad, au raft are in Sxietenion. his honor. American Sugar -.. 7 = satoel suare ottectivey | istitaiined Macrae ENT eRe eae | artes -roneates oe wept tee e's: r ally than other/and prominent citizens. beara American W Retards Some but Others of the aircraft controversy Mr, Rob- ! Touch Records Phe ‘destructive’ paper he declar- | inson sald: t ao : t “When 14 men on the Shenandoah | NEW YORK, Sept, 29.—Specula- . service. | wero yet to be buried and the crew a tive energies in the stock market 1 w informed him he| of PN-9 No. 1 were still missing an| P2/dwin Locomotive - today were directed toward higher a ceed as he chose. officer of t service gave to the levels ardiess of another advance The other elght papers discussed | rewspaper four columns o* calumny | —°°° 5 in the call money rate to. 5% per fe coast defense; sea craft, the air] against the navy. Now, gentlemen, | California Pet. _- cent. Bullish operations were con- personnel; civil and commer-|I believe in free speech, but, gentle. | Canadain Pacific ~ ducted with considerable success in Sonia the effect of air power I also belleve in the United | Central Le most of the popular industrials and rae = I believe also altics with buoyancy of the tine powers and a plan to ares standing out as tho pt * emed: ects in the American air has nothing to us. figure of trading. w “ | | Reports on bankers of further trade les, Colonel Mit- We gave the aircraft committee | expansions and a resumption of pool ‘ous the | the whole works last winter. Binco sperations on a large scale provided ng that|last May the navy has established the ground work for the rise which was no reason to ex:|avittion at Annapolis, not to teach these men to be aviators but the e Eng: fundamertals of aircraft in relation ft- tions with thi isidered s, declaring that|to*seamanship, and seamanship in of 1,000 planes could| relation to alrreraft. I do not be eA a Scotia in eight | eve the men of the PN-9 No, 1 " sa then could be] Would have been saved unless Com- ~ 1 rat { mander Rodgers knew seamanship.” att I ae ee eae i thet | FLIER HAD TO SPEND o the United | OWN MONEY ON PLANE Nia WASHINGTON, Sept. 29.—(By Sab o sald, we need | The Associated Pross.}—The policy pacers : 3 | forming bo the war department ‘ r general staff—was 1 the ndicaps placed * n| ed to precede Co hell on the stand. He d the evolution of alrcra*t how in 1910 he was allowed O 3150 to keep the one plane the had going, making it neces- fy he spend $500 “out of his vne own pocket.’’ fida borrowed and atole as ay the quartermaster A spi : tho plane in condi- ive here air for r he testified when. military ice began to develop, difficulty ¢ sed in getting officers [ very hard to convince ton does not en-| 4 war department (or stat pr ic tare s was a serious mat- ine nat o 8 are 1 2 ke ar th { lean expeditionary forces | ad not sufficient personnel. ea, itt ¢ Colonel Fouloin was t ot Colonel Mitchell entered the receiving a ripple of applause | ‘ h was cut short by a rap for no of thought er by Dwight W. Morrow, board | t r t airman. He was accompanted by | ne two aides, the lat ’ large bundles of manu- m —_——»—___—_- righ € > fia IT aa | CAC ut is, In both equipment C d M R Ce ; The complement co tude Wiarket | cor of it 12 old worn out \ ‘ pa sue Lea oo Sey anal 36 to 26.9 gravity -$1.7 wil ‘ ra old, worn out and pba Meee oo Yoda) 1 1.76 Cat Cree Lance Cr ASSISTANT )ENOUNCE | Sears Roébuck | carried a score of issues to the high: Jest levels of the year. Rumors of | favorable n rs, dividends and re- aliz on were numerous in the »bile field, contributnig to the Ger Motors to a new Hudson ‘at 93. er with a brisk utor imp in oget ours - of United States Stee!, d Light, et a general retreat of the, short | t and in the early afternoon stocks were selling Smelting was str oflection ¢ good earnings repor' Wisher Body nt counter to the gen- | eral trend dropping 5 points on prot- taking. ntest between opposing spec- orces for contro! of the mar- Kennecott Lehigh Va Loulsville and } Mack Truck Marland Oil Mex. Seaboard Oil — BUR Cann ent (Retr: = o--+ t soon resulted in highly erratic Mo., Kan. and Texas -......- \ fluctuations. Chrysler broke om 191% to 18734 but-rallied quick in sympathy with a rise in Hud- a new high‘level above 94. ee e Aarrow and 0 motor joined in the advance. A break 4 points In American Can reflect- isappointment oyer declaration mly the regular quarterly divi- 1 and contributed to the unsettle f other leading industrials in- United States Steel. Oppra + the rise went forward in however. General points to a new and early ‘orfolk and Western - 11 Stoel Allied 1 Baking “ Broo! Edison, Chemical and Gimbel Brothers. Be Sprin n Louls and San Fran, Alr Li 6t Seaboard fore the end of the first half hour American Can met support and re- bounded more than 5 points from its early low. Foreign exchanges opened eady with sterling quoted at $4.85 Sinclair Con Southern onl tle Southern Railway 15-1 Standard Oll, Cal. SuUft money rates were a barrier Standard Oll, N. J. to the upward flight of numerous Stewart Warner Studebaker industrials and specialties, mafly of which touched new high record fig- « for the year, despite the raising the renewal rate of standing call ans of five per cent. General Bak. Tobacco T Tranzcont. Ol! ing Jumped 14%, Mallw Stee! Unton Pacific ings International Telephone U. B. t Iron nl telegraph 314: Airbrake 6: Mack vu. 8. Alc ucks and Hudson Motors 6%, U. 8. Rubber 5, Sears Roebuck 4% and Chry- U. 8S. Steel sier and American Can 4 points, Wabash pfd United Steel shock off its heaviness Westinghouse Willys Overland Woolworth and rose to 121% The closing was strong cipa- of weveral Investment shares DIEGO, Cal., 29.—(By | Osage sociated Press,)—Denuncia- | Sunburs! f United Siater army offi. | fe 0 the navy | F advance during the final hour ility te the upward move TLL TORN ON THE RADIO: | MOST HEAR SOMEBODY TALK I OR WLL GO _DipRY % Livestock eS RE ts Sas EE Chicago Prices CHICAGO, Sept. 29.+(Associated Press}—Hogs—Recelpts 22,000; mod- erately active; mostly 10 to 15¢ low- er than Monday's average; bulk good and choice 140 to 225 pound weight $15.30@13.60; top $13 packing sows largely $11.60@12.00; majority strong weight killing ples $13.00@ 13.46; heavy, weight hogs $12.75@ 13.30; Ught ght $11.85@13.60; slaughter pigs $12.50@13.50, Cattle—Receipts 12,000; slow, gen- erally steady; trade on most killing classes; meager supply well finished tat steers strong; strictly choice kind lv; matured steers at $15.75; fow loadsa $16.00@15.50; bulk $9.50@12.00; about 25 per cent run western gras- sers; steer contingent’ latter steady 0@9.50; most cows $4.50@ 6.00; heifers $6.00@7.50; vealers steady t: $12.00@13.00; outsiders paying better prices. Sheep—Receipts 17000; fat lambs and cull ntaives strong to 25 cents higher; breeding lambs and sheep early bulk desirable fat na- lambs = $15.00@1 > around 800 head of good range lambs $15.50; several doubles feeding lambs $15.25 ordered lots fat native ewes Range breeding ewes Denver Prices. DENVER, Colo., Sept. 29.—{U. 8. Department of Agriculture.}—Hogs Receipts, 1,100; uneven; butcher grades generally 20 ,to cents lower; packing grades steady to 25 higher; packing 600: ca eaker me grass steers, offered; loads cows $4.65; ordered 1S, $4.00 to $5.00 load hetfers, ordered head, 35.00 to $7.00; vealers, steady at $11.00 down; no choice kinds offere stockers and feeders, slow, steady; one load stock steers, $5.05; part loads up to $5.80; load Wyoming stock cows, 43.40; -stock heifers, $4.00@M.50, r we Sheep—Receipts, 13,900; most of run on through billing; prospects 25 cents higher on fat lambs; lambs, 25 cents higher, quality considered; four loads plain 66 pound Nevada, $14.05, freight paid; two loads plain 83 pound feeding ewes, $6.00 flat; looks steady . Money NEW YORK, Sept. 29.—Call mon- strong; high rate 6; closing 5%; last loan acceptances 41 mixed collatera 48 months 4%; paper 44. NEW YORK, Sept. 29.—(Asso- elated Press.)—The refined sugar market continued quiet at former prices which’ ranged from $5.25 to $5.45 for fine granulated. SUGAR FUTURES closed ° weak. Approximate sales $7,000 tons. > 6&; to low 5; ruling bid 545; offered at call loans against time loans firm; 60-90 days 4144 @4%; prime commercial Flax DULUTH, Minn., Sept. 29.-—-Close flax, September $2.56%%; October 32.58%; Novembet $2.48: December $2,597) May $2.6814. prominence in the motcr group with a ten point galn and aggressive buy- ing also took place in Mack Truck. Pullman, General Electrfe, National Lead and Western Union. Wetroft Four” bounded up ten Te he Adver 1 « n ” Atl%antle Coast Line | Tribune fied four, Nash jumped {nto Rdleon fell back on profit taking wnd 8. S. Kreege broke 17 potnts. Sales lapproximated 1,950,000 shares. x VU ©1925 ay Invi Fearune Girat Britnin rights EARLY TREND IN - GRAINS HIGHER Market Gets Off to Upward Swing on Strength of Prob- able Reaction CHICAGO, Sept, 29.—(By The As- sociated Press)—Grain prices took an early upward swing today, Much of the buying which accompanied the rise was based on opinions that 15% @is a bushel break in wheat prices within a week showed selling had been overdone, and that a sub- stantial rally was to be looked for. Purchasing “of wheat was led by houses with eastern gonnections, numerous commission firms, mean- while advising against selling on any further setbacks. The opening, which varried from unchanged figures to 1%c higher, December $1.37 to $1.3744 and May $1.39 to $2.40, was followed by material gains all around, December touching $1.39%% and May $1.414 Subsequently the market eased down for awhile owing more or less to announcement of 20,720,000 bush- els increase of the world’s available supply ‘total. Offerings, however, became scarce and with renewed buying the market rapidly advanced. Wheat closed strong 2% to 2%c net higher, December $1.387 to 1.39 May $1.41c to 1.42 Corn and oats moved with wheat after opening ur higher, December corn market scored al ad . Decem’ offer rive lacked volume fair shipping de je east. Largely as result the price for Sep- tember delive ade a sudden bulge and months also advanced. Corn toned 214 cents to 2 cents net higher, the latter for September with December finish at 79% to 79% cents, @ats started unchanged to %e higher, Dechmber 39%¢ to 39%c. Later all deliveries showed an up. turn. Lower quotations on hogs pulled Trade Mark Reg. U. 6. Pat Offe ight, 1925, by The Beil Syndic: TLL HAVE oO WAIT INTIL THIS Senvice. Inc) reserved down provisions, Wheat— Open High Low Close Sept. 1.35 1.38% 1.34% 1.87% Dec. 1.37 1.89% 1.36% 1.38% a--- 1.39% 4 189K LATS Corn— Sept. 82% 17% 82% Deo, 80% TTS, 79% May 84% 82% 4K Oats— Sept. 136% 36% 36% Deo. 40.39% 40 May 4445 48K AA Rye— 78% TAM 78S 81.78% 80% BTM BAM BET; 17.05 16.95 17.02 16.96 19.87 16.95 16.73 16:62 16.70 17.85 ; 17.35 Bellies— Sept. — 21.00 90.75 20.75 Oct. 19.50 39.40 19.40 — Buyness Briefs | ATLANTA.—Jobbers report there has been a big spurt in purchases of holiday goods by retailers. The money from the cotton crop, follow: Ing upon prosperous markets for tobacco and melons, -has swelled de- posits in country’ banks with: spend- ing money. Farm debts three and four years old have been wiped out. | BOSTON.—The Boston barbers have won their strike and are back at work on a 66-hour week, with a minimum wage of $25. Liberty Bonds | NEW YORK 29.—Liberty bonds closed: second 45 100. ¥ i} second 4s 100.29; third 41s 9; fourth 44s 101,30. U, 8. Government 4%s 106.5. pease eames y YORK, Sept. 29.—Bar silver ; Mexican dollars 54%. ———.—__— Tell the Advertiser—"“I saw it in The Tribune. WE ARE NOW SIGNING OFF ONTIL. TOMORROW- GSOD-NIGHT: | MARKETS vse YOU a MOE THAN @NYONE ELSE To HELP. THEM . To WIN GAMES (aie Quotations by Blas Vucurerich, Broker 203 Consolidated Royalty Building 4 ‘Ask > Western Exploration 3.00 . Consolidated Royalty - 8.50. | Central Pipeline — 60 | E. T. Williams 09 | Bessemer _ oo} Western States 208 Kinney Coastal 07, Columbine i ‘02 Jupiter < 03 Blkhorn = 08 Domino 06 Royalty Producers — 203% Sunset - ce 00% Picardy 02 Atlantite Petroleum -- 00% Great Noithern ~ 01% Quaker Oil it 0034 Buck Creke — 3 ‘09 Merrico Royalty .---- 27 Chappell S wiz 4 McKinnie — yk 1 } Riverton Pet. 2.85 3.05 Argo Ol! - 3,00 3.50 Curb Stocks. Prairie : Mountain Producers - Salt Creek Producers Continental New York Oil .. Balt Creek Consolida: Humble Oil Ohio | Potatoes CHICAGO. 29.—Potatoes re- 1U. S, shipments Sep’ Butter and Eggs CHICAGO, Sept. 29.+Butter high er; receipts 12,876 tubs; creamery ex tras Ble; standards 480; extra firsts 4814 @ 490; firsts 441414 4614c; seconds 40@43i4c. Eggs higher receipts 11 cases. Ordinary firsts 29@34c Want to Make a Killing in Oil? q The Denver Post of Sept. 26th had the following item rela- tive to operations of Humphreys Corporation: “Two wildcat tests are under way, one drilling in Reagan county and the other rigging up in Crockett county. The former is on a structure on which the Humphreys corporation has 8,000 acres of well located leases in the Lake pool. general neighborhood of the famous Big Geological studies of this structure indicate that it may excel the Big Lake field, where wells making from 2,000 to 3,000 barrels daily have been opened up at a depth of about 3,000 feet. Crockett county, company has another large block of | to drill, You all know Col. Humphreys and his ability to pick winners. to take a chance where he is going after oil? leases in Crockett County, surrounded by dril This is a cinch, as one of these w. companies. 80 acres for $800 cash, maps, ete,, can be had by addressing which lies immediate! May sell for $80,00 In ly south of Reagan county, the leases, vhich ji This tract is even more highly Sas Reagan county, by I’. Julius Fohs, the company’ and his associates.” : preparing regarded than the block in 8 consulting geologist 's. Do you want I must sell one of my 80-acre ling wells and holdings of the big ells is due in very soon. 0 in short time. Will sell Full information, BOX B-22, CARE TRIBUNE