Casper Daily Tribune Newspaper, October 2, 1925, Page 8

PAGE EIGHT Che Caspee Daily Cribin — DAILY [stom] TRIBUN t E, | 4 | Oil and Financial News + FRIDAY, OCTOBER 2, 19 3 ——- ———— =] MARKETS \VOOL PRICES SHOW STRENGTH FOR WEEK ommercial Bulletin’s Market Review to Be Pub- | lished Tomorrow Improved » Will Point to Conditions. strong Good Domestic: Ohfo and Pennsylvania DeLa hed 53@s54e; blood blood eeces half com ashed 44@ 45c. Missouri and ave Three-elg' 4849 $1.0 staple bing Oregon: Enst- $1.25@1.00; fine ern Coal. heating nd in pur- New The entire is showing PORTLAND, ( Imon market available below $1.25. Livestock. KANSAS CITY—The mule market | {s active on demand from the cot- Twenty-one carloads have en shipped to the cotton hipments of us center in the last were 7 per cent smaller than in September, 1924, while flour pro- duction was about one per cent less. Livestock Chicago Prices. AGO, Oct . Depart Hogs—Te- ic to 40c low. prices, bull CHIC packing up to $10.75 @12.25; $11.90; weight YORE electroly 2.—Copper, nd futures 4% @14%o spot and ear 60 3 res 60%. Iron, ntea prices unchanged, Lead, ly, spot $9.60. Zine, firm: East 2 ot and futures $7.90@ —Call money, ing rate 6; oN st accept 44Q4™ tile ae i | mixed | | Market Gossip NEW YORK, Oct. 2.—{Assoclated Prees).—Holly Corporation declared dividend of 3% per’ cent t d accumulations on the preferred stock In’ addition to the regular quarterly disbursement am to int both payable W YORK, © change Great 60-day -~-Forelgn ex Quotations in cents: 2 483 11-18; cables 434 bills on banks 480%. France, cables 4.46. Deman iermany 23.80. | Sugar ORK, Oct 2.—(Apsociated e at CHICAGO. reoeipts §.512 Oct tube: 48s —Butter | wer; NEW YORK, Oct, fet; middling $23.15. —Cotton spot q (MAIL PLANE IS MISSING Oct ‘One of the Ur t | | ed States mat! planes, west-bound due at Bellefonte at 11:30 o'clock y, last night has not yet arrived this} d its whereabouts ts “in ne plane enroute from to Chicago was hen about fort miles ast night and ft © been for ' YOU KNOW ME, AL~ 4 GEE, TE-COLUINS |] KNEUAWAS-0UT | | HERE PLAYIN? PLASTER rah HATS AQ LITTLE \ LIE NOW » SOU SSNE ONME eNO: Ney \2 — aL | -Adventures of Jack Keefe i | ————— VOON'T List OUGAN BOT I'M 30 LONE SOME “TLL CALL KIN | Ste New York Stocks Last Sale Americar American American Americar American Amerie: American’ Woolen Anaconda Copper Ateh Atl. Coast 1 Baldwin Locomotty Faltimore and Ohio B c Ca Central Leather p: Cerro de P: Chandler } Cheeapea Chicago & Chic c ¢ ¢ c c c r sh ‘olorado F tongoleum-N Consolidated ( Southern Railwa Standard Oli, ¢ Standard Ol, N. J Stewart Warner - Studebaker Texas Co. ~a Texas and Pacific Tobacco Products Transcont. Rubber 8. Steet Wabash pfd. “A” a Westinghouse Electric . Willys Over! ooos orth a Set er e evilser~"T #9 t GRAINS SLUMP. AFTER CLIMB Upturn in Sympathy. With Liverpool Demand Fails to Hold Ground AGO, O¢ CHic (Associated of ii Press)—Renew selling} weakened the wheat market today r the end of the board’of trade The selling’ was’ ‘largely fatlure to confirm reports d been cire ated that Rus | ’ purchaser of wheat In | 1 that the| ta 1 eria had | 10,000,000 bi | wae assert Wheat closed uneettle December $1.95 to $1.2 a May | CHICAGO, Oct s)—Actly the rule as business 4 strength of verpool was | market declined, er {n Australia be ch effect {n the f Hscrediting of ad: | » buying in Can Cash Grains and Provisions CHICAGO, Oct. 2.—Wheat, No. 2 hard $1.42%; No. 3 hard $1.43. Corn, No, 2 mixed 81@82¢; No. 2. yellow 820 Oats, No. 2 white 39%@ 3 white 38% @39%c. Rye hy Barley 62@ Timo. thy 5. Clover seed 2200 $16.62, Ribs leit ¥ | reseed! 5 (zat Bd Flour | MINNEAPOLIS, Minn. Oct. %.—| Flour § to 25 cents lower; family nat ente 87.9348 30: bran $ 0923.00.) NELLO* COGAN | Mule Creek . OU? ie Wyoming Oils Quotations by Blas Vucerevich, Broker 203 Consolidated Royalty 2 Building Western. Exploration’ — $.15 Consolidated Royalty Central Pipeline E. T. Willams Bessomer! - Western States Kinney Coastal ._. Columbine, -------. Jupiter. 2. Elkhorn: /22-2-- Domino ~ Royalty Producers . 0342 Sunset ses 00% Pleardy 02 Atlantic, Petroleum — .00%5 .00% Great Northern 00% .01 Quaker Ol 00% 0015 Chappell 07 09 MeKinnle 09 all 28 03 3.00 3.50 4 Curb Stocks Prairie ~ s Mountain Prodyce: Salt ¢ Produc Humb'e O'l - Torehlight Lander Veuge Sunburet . tlamihon Uome , Werria 2.2 Byron... Notches Plot Butte Business Briefs CHICAGO—Industrial: employment {n this district ts about the same as A year agg but there has.been a per cent increage,in payrolls, Expan- sion urred in,the number of men employed, as well as earnings in. the metal and metal: products, chemical, rubber, and, papar, products indus. tries, PORTLAND, Ore—Contracts volving expenditure * of $9,000,000 have been, awarded Twohy, Brothers and the J. I. Shea company of Port- land {n connection with development of the Wirt Ray ut of Oakland, Cal, The completed ‘evelopment will cost $40,000,000, The latest contracts call for construction of pipe aque. ducts. pump houses ‘and extensive tunneling. © {n+ Potatoes CHICAGO, Ost, 2.—Potatoes, re celpts 75 cars: total U. 8. shipments 859, cars; trading rather slow ac: count of “rain at advance tn prices; market firm; Wisconsin and Minne- sota sacked round white $1.76@ 1.90: Wisconsin bulk round whites $1.76@1.80: Minnesota wacked red river Ohios $2.20 va awe SH Tell the Adyerttuer—"1 raw it in The Triburte TEUS THE You DON'T THINK @-GOLFER EVER ; ee Do You 4 i | i r | = SIT DOWN AN ENJOY i YOURSELF - ©1925 ay Inrt Fearune: Service. Ine. "Great Britain righta reserved STOCKS REACH HIGHER GROUND Motor, Chemical and Rub- ber Issues Lead Way in Upturn on Exchange NEW YORK, Oct. 2.—Stock prices soared to higher levels today. Buy- ing was influenced by the Federal Reserve through retention of the 314 rediscount rate. Buyers were satis- fied with soundness of the country’s credit position. Standard indu trial moved forward under the vig- orous ‘leadership of United States Steel which rose more than two points to 123 and additional strength was injected Into the market by re- newed demands for motors and pe- troleum issues. At the same time a retreat of short interests In var- fous stocks whipped up activity and accentuated the advance. The stock market manifested indifference to the outcome of the.French debt funding négotiations, which contrib- uted’ to the weakness of French francs and bonds. Trading pro- gressed at rate which promised to eed adenin, Indust 0.000 shares, with the demand for both rail and esues. bringing about Ins of/2 to § points, numerous g ct: 2.—(Aasociated prices displayed a t tone at the opening of to- day's market with buying influenced y the n of the 3% per t re at the New by } a’ better standard common and point highery Buying’ orders poured into the market in large volumes, with the motor, mical and rubber issues making the best showing. Ward Baking ‘'B,"* was bid up three points to a new. high peak on reports of another large baking merger and Was followed {nto new high ground by Plerce Arrow common, Fisk Rub- ber. Goodrich’ Rubber, American Ag- ricvitural Chemt 1 common and Preferred and Northern American. and Fleischmann, the t named Practically $4 points. Texas Gulf and American Can moved up three and 2% points respectively, within the first half hour, Ralls were rati er quiet despite a continuation of record breaking car loadings. Fail. ure to reach a permanent settlement of the French debt was reflected in thé heaviness of French bonds a a break of 8 points in French frar which ruled around 4.66% cents. Demand sterling yielded slightly to 4.83 11-16 and the other allied rates sagged 2 to § points Buying fowed {nto the market volume that the forenoon transactions well exceeded orders in) such 1,000,000 shares. Marking up of United States Steel to 122% exer. clsed 4 powerful stimulating effect on other industrial shares, lls were bought {n round amounts, es Peclally Marland, which rose to 48, a new high figure for the year. Flelschmann jumped 6% points to 134% on rumors that it would take over the Nationa] Distillers Prod: ucts Company. Call Joana renewed at § per vent, The closing was strong. Buying continued {np undiminished volume In the final dealings. pushing total salee up to around 2.250.000 shares, the largest single day's business eince early in the year ---Drawn for Th 5 4) PMO THANKS I JOST WANTED VO SEE OU - NOW IM SATISFIED: Trade Mark Copyright, | e le tinued to advance rapidly, with gains of 4 to 6% points, embrac!: General Asphalt, Ward Baking Mack. Trucks, Texas Gulf, Sulphur, Schloss Scheffield and New York Ship Building, Ten shares of Micht- gan Cenrtal were sold at 650, an ad- vance of 50. points over the last pre- vious. sale in September. STOGKMEN LAY CLANS BEFORE ‘COMMITTEE (Continued From Page One) ambitious young man to be a sheep- herder for life.’ The witnesses were questioned at some length by Senators Robert N. Stanfield, of Oregon, and John B. Kendrick of Wyoming, and by Rep- resentative Charles E. Winter, who joined in the conduct of the hear- Ing. Mr, Wilson took up in-detail the three alternative proposals which have been offered as amendments to the present free grazing polley— federal control, surrender to the states, and leasing. He declared ) the ou y for federal control was the product of a twenty-year cam- aign on the part of the forestry, ficials to add the rest/of the pub- lic domain to their holdings. The fundamental objection, he held, was Inadvisabiiity of taking one step toward centralization of at Washington, of a more eral co He 5 national for y questioned. 1916 the & had shown a steady decrease in the number of Mvestock grazed. He denied that the public lands were seriously overgrazed, und sald that in his observation the range improved rather than deter- forated under continued’ grazing. The second proposal, that the re- maining public domain be turned over to the states! has some sup- porters, Mr. Wilson said. Expert ence with state however, increased’ at ® moment when Ilvestock was at its leasing, Mr.. Wilson de would be virtually {mpos- frame a fair and equitable bill, The question of sen: fority and preference rights would be a source of unending dispute, he believed, This polnt was seconded by Mr. Cooper suggésted facettously that {f the’ priority arrangement were carried to its logical conclusion | the time thight come when only the descendants of Captain John Smith and ploneers of equal antiquity would have accees to the public do- main. Mr. Cooper denotineed the admin« istration of the national foreste as undefnocratic. and un-Americ since the regulations ‘were framed by appointed departmental heads and not by the representatives of the people whom they affected. Both witnesses suggested that the transfer of public land to private ownersh!p might be encouraged by the lberalization of the home: a laws, particularly the residence re- quirement, Mr. Wilson expressed the bellef that it -might be advisable eventually to increase the alze of the area subject to fi ing. The interest which the hearing te | attracting wae evidenced by the Prices con: | crowd of ranchmen, business mien | = | WHEN HE | / cares nis OPPONENT } | vw — Te \ EFA af, 7 eg. U, §. Pat. Ofc O20 Ey the Bell Syndicate, Tne) and_others who virtually filled the council room. The session. was adjourned at 12:15 to, reassemble at 1:30, and bads fair to consume the rest. of the af ternoon. It was the intention of the committee, if possible, to ter minate the hearing today and leave |tomorrow free for a tour of che Salt Creek field. } The party will leave tomorrow evening for Den- ver, and will go thence to Glenwood Springs, Colo., where a sim{lur hear- ing will be held Monda: pee at Te GOVERNOR ROSS AND SENATOR UNABLE 10 RIDE IN STAGE COACH LARAMIE, Wyo., Oct. 2.—(Asso- clated Press)—Previous arrange- ments have impelled Governor Nel- lle T. Ross.and U, 8. Senator Fran- cis E. Warren to decline invitations Dy the local post of the American Legion to ride next week in the parade at Omaha in the old stage coach to be used by the post at the national’ convention. President Coolidge, too, will be unable to ride in the parade, as he is to review it An effort, however, is to be made to take him to the reviewing stand in the coach, which is to be escorted by Wyoming Legionnaires garbed as cowboys. couch fs the prop- erty of the Unive y of Wyoming. and ts to be transported to Omaha In a bagga, ar CITY ELECTION . ~ FILINGS OPEN (Continued From Page One) includes. that part of the city south of the tracks and west of Durb!n Btreet. It ts representéd at the Present time by J. M. Lowndes and N. E, Thomas. Ward $ les east of Durbin street and scyth of the ral! toad. C, E. Moffhine and A. E. Jhandler arg councilmen from this ward. Tucker, Lowndes and Hoff. Kine are retiring councilmen, It fs undérstood that none of these men will seek re-election. T None of the persons who have been suggested for the mayoralty contest have signified their inten. tlon definitely of taking part fn the electién, and no faction as yet has come forward with the announce. ment that. it is backing any partie ular aspirant. f Members of the Casper Trades and Labor assembly at n recent meeting discussed the situation, but took no action. since {t was decided. accord. {ng “to {ts regulations {t could not ae a body take part In matters of religious or political nature: Charles Howard, head of the Pro gressives club, which fs an organ! zation of laborers snid this week that he Intended calling a meeting of the club soon, The session may reeult'tn an endorsement, The Brotherhood . league of the churches of Casper hay done noth: ing toward selecting 9 cand! A meeting” of the league coune!) wil! be held: next Tuesday and tt ts be Meved likely that there will be fur- ther developments, since a short time ago the league started a move to obtain a desirable person for the office, 6. —_—_ May KANSAS CITY, Oct. 2.—Way, un: changed to 500 higher; No. 1 timo thy $17,00@18:59 5 D E ) Vee ’ )