Casper Daily Tribune Newspaper, October 19, 1925, Page 8

4 buying power « will remain unaf an 3 draws to a close chants already 1 tra depende when complete of adve decided increase orders hooked. P: rather than trend! Building oper ceptionally ac Automobile sales MT SA ROY x Saturday in the ployment which preva remely 6 1 a is fF ri ng [_asaom | TRIBUNE “MPLOYMENT HOLDS {YOU KNOW ME AL—Featuring Jack Keefe NEAR RECORD MARK Merchants Look for Increasing Business With Big Holid ay Trade—Easy Money Gives Wall Street Stimulus. um isiness as tile In fact, some e beginning to c xtra: ¥ high nossible figures are in week will show a silght percentage nce. It already has shown tinw extraordinary rate and the production schedules are be tepped.up to keep f wit tribution. It is deemed more motor cars will be Christmas presents than tare. tions have bee ein the last week. | © weather and r finishing we ompleted after s: v south, the acute need for hou s keyit prepare wl that | this | der rices. Lumber | hway work are sending north for inves | past weok was 4 1,990 FRANCIS Mfornia oran: remain high un ome in at the > exceed $11.85@1 vows largely @12.15; s ) Cattle—Receip velghty steers thers and Vv Oct. 6,000: 4 Ughts rm nd packing gr d and choice velghts $1 Denver DENVER department cht hogs $11.404 Lumber, PORTLAND, Ore.—New busi booked by members of the per production for the period. Sold, 95,42 feet Pruit. co. are the end of the new crop, howev last year's by oil. SHREVEPORT.—Average oii pro-| started. Auction in the Louisiana and Ar-| expected to bes $11.50@11.90; better gr 225 pound weight largely $11.60@ 00; majority of 99 to 150 pound 5; select 140 to 150 pound weight topped at $12.15; best 410 pound averages $12.10; packing $9.85@10.2 11.95; Mig sharply Ic feeding lan ; odd lot “1 Vr , Oct griculture,}—Hogs ix fonds direct to An 10¢ 7 Coast Lumbermen’s association cent un ‘The Prices expected new nay is expec month Carninachty TradeNews fig of to } 1,8 neas field the past barrels to 2 | production still, only 16 pleted, wit) total 1c barrels > is general, « California line to | BATON ROUGE . natural gas Natchi M eral other points have r é point where a su has b Livestock Chicago Prices. pigs Omaha Quotations fat n 0.00; ott weight. daing lar 19.—(U through higher; in soon $11.90 for two loads; packing sows | | | slow at $9.75. | Cattle—Receipts, 14,300; calves, avy ight “HORSE HARKET active, stead. fat r ac top "| for hog feed. slow; some of run late arriv- | opening sales fat she stock CHICAGO, Oct. 19.—<1 Ss. De to v k; some bids lowe: martment of Agriculture.)—Hwes— | hetrey n 5 to $6.0 Receipts, 38,000; mostly strove tO] heifers earl own be Sc higher; heavyweight but | steers $9.00 velter show minimum advance; 1 ‘| vealers $10.00 ur and s!aughter pigs 26 to 50c feeder steers slg packers inactive; bull 00d Humerous' loads cholee 240 to 350 pound butchers |“ sheen Receipts des 150 to ea 100 cars on thro run late; no es sentiment stron Idaho shearing 10 to 1c highe ewes $6.00! stead lambs ) STRONG Lait of the country this fall brought on an average of from $1 to $15 a head. Last year horses y a dr 1 the marke. Of this ye six hundred head we uff, Neb., 400 to South ¥ St. Louis and the remair tts to to Denve Most of them w bought by farmers of the mick west, some of the older stuff was sent to Nebraska being Cattle shipped during the la y ys number 4,911 head. € 1,656 h > W YORK, vanges nte Great Britain, cables 484 1-16; Ks 480 7-16, | France, demand 4.40; cables 4.403 Italy, demand 3 cables Demand: nany 23,90 ——_. Oct, irregular, 19.—Forei Quotation» in demand 60 day 4 bills « 1.55%; G Ww 2 YORK, Oct. 19.—(— electrolytic spot and futu Metals Ns | dull i140 rm, and future $e bet 1 $1 @2. 1 Zine + spot Foreign Exchange | |‘ { Ing | New York Stocks I/ wert, see TINKER AND BILL DoAI< 1S MAKIN’ Mi IN REGL ESTAT RE COUGH o & THAN THEY O10 IN GASEGALL Che Casper Daily Cribuns Last Sal A Generat eneral eat Northern pfd. —. States Stee! — Hudson Motors ° | Illinois Central en | Independent O. and G. Laying of pipe lines is] int. Harvest. Int Mack ‘Ir | Kelly | Kenn i Pui i I nh ind Rubber and F¢ omotive and Re id Obie 1 nd Pa st Iron Pipe -.. Alcohol orthwe D: Paul cific . Aght ett tuddy reek reybull . ehitght Mule Crees Lander Omuge | Sunbure Hamilor Ferris Byron Notch Pu 6 to 86.9 gravity 37 to 39.9 gravity - vant Ade ie Crude Market | Creek, Ught ——.--.-- Bring 4% 5 108% 118% 109% | 140% 115 Results ) live CHICAC se'ling here, of x today. of lat sponsi down, new style, December $1.46% } to $1 $2.434%, rall, end of and then by a fresh ~ WHEAT VALUES UFFERSLUMP | } Foreign Selling of May De- ry Has Bearish Effect on Market 1, Oct, 19.—UP)—Foreign lay delivery of wheat her with announcement world shipments, had an urish effect on wheat prices More settled weather. than tended likewise to induce ar | selling, and so too, did the fact thar Liverpool quotations were) unre- to Saturday's advance in ‘maliness of spetulative ed forther to weaken The opening, % to 140 Was and May followed $1.43%5 by to a slight lownturn, § $1.45% ang May © touch{ ; Decrease of 1 000 bushels in | the United States visible supply falied to exert any decided t influence. On the other orts were current near the the day that rains were fall- lia -where needed closed heavy, 1% ‘to 2\c December $1.45% to and May $1.42% to $1.42 skies and! lower tempera- ture, likely to hasten the movement of new cern, led to a decline in the corn market and eased down as we! to oats 1, After opening unchang lower, December 76 to 76%¢, corn underwent a general sag. Later the corn market wag domt- nated by the action of wheat: Corn closed De’ Oats + | December mber we % net lower, Se. started unchanged to tac off, 29%e. Later, a moderate tback all uround took place. Provisions were higher, reflecting n upt | Wheat— Dec jover sped—$20. 'avd—$15.36, Ribs: DET Inst is the ‘ound and Red sacked River Ohios $2.60@2.90; urn in the hog market. , Open High Low Close 146% 147% 1.45% 1.45% 143% 144% 1.42% 1.424 78M 80% 39% 395% 44 44% 824% 82% S744 STS 15.30 14 14.30 5,90 15.90 15.85 15.86 ea 14.7 Cash G $1.56@1 ~ $16.01 Business Briefs | ROIT,—~Industrial employ week increased 3,175 (o high record of 236,373. This seventh consecutive week on Which a new employment record has nH set, The gain since the first of the year is 66,699. Auto mobilg factories accounted for the bulk of the gains. PORTLAND, Ore.—A new stex p service from Portland to the | oust puth Africa to be | Inaugurated soon by the neval Steamship corporation, Harry 8 Scott, presider nnounces. Potatoes total Uni ally on bulls; 50; trading fair; market shipments Satur 1,601 whites $2.80@2.50;. Wisconsin esotn sacked bulk round 5@2.40; Minnesota sacked Idaho Russets $3.00, Hay unchanged; No. 7 prair! @15.00; No. 1 timothy $18.60@19.00 | chotce rmoixed nifalfa $23.00@ 24.56. Nght $17,50@18.50 clover CLEVER ? walt TILL | AIT My STRIDE- THAT PUBLICITY WILE GivE ME AY GOOD START <5 | the q Wyoming Oils a stations by Bias Vucereyich, Broker 03 Consolidated Royalty Building Western Exploration. 3.50 Consolidated Royalty. 10.15 Central Pipeline /. 60 E Wiliams. a Bessemer. old Western States 09 Kinney Coastal 07 Columbine 06 Jupiter Elkhorn Domino os Royalty Producers. Sunset, per 1,000 Northern, per M 1.00 Quaker Oil Preston Ol, per 1,000- Buck Creek ppeli Riverton Pete Argo Oil Prairie... Mountain Pi It Creek Humble OPEN OANE TO WANE OIL FLD HOAD. ERAVELED (Continued From Page One) of one of Casper’s strong banking nstitutions, which has two branches in the field, Mr, Cather has had opportunity to study the situation and to realize its serlousness. Em- ployes of his concern make frequent trips over the road. The difficulty of travel has been a grave problem with the bank and has been sur- mounted only by a determination necessarily possessed by those who make the trip in bad weather.: As head of the chamber of commerce, Mr, Cather represents the business interests of Casper as a whole. Ir. Laird, head of the state high- y department, promised me some time ago that the road would be graveled before cold weather,” the banker declared this morning, re- marking at the same time that it was “pretty cold now.” Mr. Cather voiced the opinion that a determined campaign should be waged to get the highway graveled by the state promised his own support to- d that end. x-Governor B. B. Brooks was in Wyoming long before there were xood roads, Yet he is conscious that the Salt Creek highway as it stands now constitutes a handicap to busi- ness both here and in the field. Phere is no doubt about it. Of sourse I am in favor of graveling We are all in favor of ft. Get Chamber of Commerce inter- an este highway is forty-three miles {n length, twenty-three and one-half nilles of which has been paved, Only emile stretch has been paved full width, an 1§-mile strip having been paved nine feet wide; and a half mile between these two having had slabs lata on it. Twenty miles without any such improvement always has furnished a problem for motorists and it is not unusual to see many cars stranded in wet weather RAE tb erica OPPOSITION TO HICKEL PLATE MERGER TOLD WASHINGTON, Oct. 19,—)— verett Jacobs, New York real te operator, told the Interstate smmeree commission today that Harahan, president of the hesapeake and Ohio, had expressed opposition to the Nickel Pilate merger plans last January Jacobs quoted Harahan as saying then that he was “entirely in accord with my dissenting stockholders.” These stockholders are fighting the merger plan. Mr. Harahan ten days ago testified that he considered the plan, originated by O. P, and NM. J. Van Swertngen of Cleveland, to be fair to Chesaneake and Ohio stockholde: WEN, Oil and Financial News NEWSPAPER Govs AGovT THE REAL ESTATE GAME AND ALL THE GIG OEALS MONDAY, OCTOBER 19, 1925 MARKETS - By DICK DORGAN Dick Dok 10-19-25" STOCK TRADING HITS HOT PAGE of Prices Soar on Basis Strong Support for Industrials NEW YORK, Oct. 19.—@— Turbulent trading in the motor Shares and a sustained investment demand for the high grade rails were the outstanding features of to- day’s wi'd and erratic stock mar- ket. Motors were bid up one to five points at the opening, crashed three to ten points from their earlier highs, and then made partial re- covery of their losses in. the wave of buyins orders which poured into the market in the early afternoon, Trading in the first two hours ran about 1,300,000 shares but déferred hour’s shares fell below 400,000 shares, General ‘Motors, ch i 187 on Saturday, opened at 130, sold down to \%, and then moved up above 125, with coresponding movements in the other speculative shares of that group. New York Central led the advance in the rails, moving up three points to 127%, the highest price in 15 years op buy: ing influence by large current earn- ings and rumors of an early in- crease in the dividend. The break in the motors caused sympathetic seiling of the industrials, several of which dropped three to fivve points, but they received better support after mid-day. NEW YORK. Oct. 19.—()-—Stock prices pointed upward again today as trading was resumed at a fur- fous pace. [nitla! dealings indicated that support was forthcoming for the Teading industrials although heaviness in spots reflected the so- bering influence of the last hour's collapse on Saturday. Fisher Body soared five points and initlal gains of 1 to 3% points were recorded by DuPont, General Motors, Mack Trucks, American (an, American Sugar and Chrysler. United States Steel, Hudson and New York Central opened fractionally higher, Energetic buying of high grade railroad {ssues, led by New York Central which touched 126%, the highest level since 1910, infused fresh confidence into the market, and mo- tor and other industrial stocks were again purchased on an enormous scale, The jump in New York Cen- tral was based on rumors of an in- creased dividend, today's rise com- ing on top of a 2 point advance scored in Saturday's late trading in the face of semi-demoralization ‘else- where. Atchison, Baltimore and Ohio, Atlantic Coast Line, Lacka- wanna and Reading followed with gains of 1 to 3 %points. Meanwhile the rise in industrial leaders was ex tended, although General Motors, after climbing back tn 130% encoun- tered another selling attack and broke to 127%. This setback failed to disturb other leaders such as U. 8. Steel, Du Pont. U. 8. Rubber, Nat- fonal Cloak and Chrysler, whidh were whirled upward with consides able vigor. Foreign exchange trading was featured by a drop in French france to 4.39%c, a new low for the year, based on agitation for a cap- {ial levy in France, Sterling was un- changed at $4.83%. Long strings of consecutive sales of General Motors came out, carry- the early high of 13044, and Satur- dng the price down to 121% against day's closing of 126%. Hudson Motors, Studebaker, White,! Dodge and Yellow Truck were also ja:amed four to five points around last week's final figures. DuPont crashed from 202% to 192, U. 8. Cast Iron Pipe from 187% to 180, and Fisher Body froin 115 to 109. 8. 8. Kresge which sold early last week at 800, tlumped forty polnts to 700, Postum Cereal, Jersey Central, Cushman and General Electric gu way 4% to 5% points. The stro: buying movement that had been in progress in the investment railway shares was abruptly halted and a number of them reacted a point or more. Call loans opened at 6 per cent. The cloning was steady, Fresh buying of investment railroad shares in the late trading stopped another bear drive against the motors and specialties, which carried §. 8, Kresge down sixty points from last week's closing top. Louisville and Nashville climbed to a new high record at 122, and New Haven led a brisk advance in the low priced car: vier stocks. Total sales approximated 2,600,000 shares, FLAX. DULUTH, Minn., Oct, 19.—Closq flax: Octobe 92.57%: November $2.57%; | December May $2.63 jewelry totaling $50,000. in their flight. form, committed a:series of holdups in Brooklyn early today, In Man- hattan two gunmen shot and prob- ab‘ty fatally wounded the proprietor of a lower east side restaurant in which there were eighteen p: ons, including five women. The boldest robbery by ¢ Brook- lyn band was the holdup of Mr. and Mrs. Sambtel Goldman and their chauffeur as their car was passing along Eastern Parkway. After they had crowded the Goldman automo- bile to the curb, the five robbers took $5,000 in jewelry and $250 in eash from their victims. The east side restaurant owner, Michael Guerny, was shot by two men who had entered the place, supposedly as patrons. ‘The gun- men escaped. keeping the patrons at bay with Ir pistols URBANA, Ohio, Oct. 19.—()—A bana of yeges held citizens of North Lewisburg at bay early today and blew the safe of the Bank of North Lewisburg and escaped with ap- proximately $3,500 in cash. Tel phone wires were cut by * the bandits WES‘, PALM BEACH, Fla, Oct. 19.—(P)—Flve highwaymen | were the “objects of a search today by police and sheriff's forces following the reported robbery of Mrs. Nina Wilcox Putnam, weil known writer, and her companion, R. W. Gauger, of $6,000 in Jewels, papers and cash arly yesterday. Mrs. Putnam told police they had stopped to repair a minor accident to thelr automobile when the bandits approached, first to offer assistance, and then to rot Butter and Egos 19.—Butter— 10,871 tub standards firsts Lower; r cream- seconds Eggs — Higher; receipts, 4,108 cases; firsts 40@43c; ordinary firsts 30@26e, —————_—_____ MINNEAPOLIS, Minn., Oct. 19.— Flour 10 to 25c higher; tamily patents $8.55@8. bran, $22.50. NEW YORK, Oct. 19.—() eoution for a $85,000 insurance fraud, involving an explosion in a —Pros- Kentucky mine nine months ag: wax proceeding today with develo: mente in Kentucky, Florida and New Jersey, William H. ‘Turner,’ whose rela- tives collected $85,000 insurance on representation that he lind been killed in the explosion, was back in Pikeville, Ky.. having returned vol- untarily from Germany to New York and been taken into custody by Kentucky authorities. He ty ac. ; cused of the murder of two men by the explosion at McCarr near Pike: ville. The body of one of the victims had been {dentified as his. Mrs. B, F. Farley, Turner's uls- ter, to whom $60,000 insurance was pald, was under arrest at Miami, Fla. She was taken into custody when she called for mai} at the Coral Gables postoffice yesterday. Held for the Kentucky authorities, she sata ‘that she was willing to make rest. CRIME FRENZY» SWEEPS EAST New York Cafe Man Is Fatally Shot by Gunmen and Burglars and Bandits Reap Harvest in Three States NEW YORK, Oct. 19.—()—Burglars blew open’ the safe in the jewelry store of Jacob Sakow, in upper Lexing- ton avenue, last night and stole Liberty bonds, cash and They dropped some of the loot A band of five robbers, one weaning a policeman’s ‘uni- 5 Money NEW YORK, Oct 19.—Call mone: steady, bigh 5; low 4%; ruling rz 5; closing bid 4%: offered at 4 1 loans against Jast loan 416; Re- ceptances 4, Time loans easier, mix- ed coliateral, 60-90 days 4% @4%: 4.6 months 4%@5; prime mercantile paper 41. NEW YORK, Oct. 19.—Refined sugar market wag unchanged today at 5.05 to 5.20 for fine granulated, with demand limited to nearby re- quirements only. Sugar futures closed barely steady, Approximate sales 41000 tons. De cember $2.03; January $2.11; March $2.18; May $2.29; July $2.40. ——.___ Liberty Bonds NEW YORK; Oac. 19.—Liberty bonds closed: 3148 99.27, second 4s 100.5. First 44s 101.27." Second 4%4s 100.24, third 41s 101.3, fourth 44s 102.4. U. S, Government 445 106,12, ————._____ 7 | Cotton eS ! NEW YORK, Oct. 19.—(4)—Cot- ton spot steady, middling $22.05. oe DOUGLAS AND CASPER PLAY ON SATURDAY Coach R. L. Markléy’s squad trom Douglas will be the next opponent to invade Casper territory. The Con- verse .county gridsters come here next Saturday. A week from that date Casper will go to Cheyenne. SISTER HELD AS ACCOMPLICE IN INSURANCE FAKE tution, and had done no wrong, as she believed one of the mine victims was her brother, Mrs, Willlam H. Turner, in the home she bought in Trenton, N. J., after her husband fled to Germany, was planning a trip to Kentucky with her five children after com- pletion of proceedings which an in- enrance company has started to ro- cover $25,000 pald her. But she was uncertain how she would get to Ken: tue! Her 37,000 house, her auto- mobile and her cash in bank, $13,000, have been tached, “I will scrub floors to give the tn surance people back the money 1 spent,” she sald, “I did not need it. I would rather have had my hus- hand.” Turner told the Kentuoky autho {tles he received $10,000 of the in. surance money from Mrs farlev and sent it to his wife. His son Theo: dore gave the authorities @ letter+ to him frois Mrs. Farley dated Ge- tober 8 and saying: “Don't talk, whatever you do.”