Casper Daily Tribune Newspaper, November 9, 1925, Page 6

ROFTI New York Stock See AFTER DECLINE Early Losses Made. Up ee Most Issues Under Bald- win Leadership 2 + z I e 4 motor stocks not unsettle look for indicat tion of the stre market quotations, apeake and Northwestern r continues at eting both the bituminous industries. West Virginia Smokeless Cc Copper is now approaching a point] land markets on which Chic the same lini go was raided by soft level bids fair to become a a ‘Trade News Cert Ot et wee te rey ge warehouse er one million pounds of short | of Hudson Mc Independent O. . Harvester AS et DETROIT—The warm weather of; the last few days potato fields of snow are salvaging ‘would be lost, CLEVELAND—The bolt a industry in northern Ohfo continues active largely because of the unusual mand from the has cleared the Sprin. and farmers Valley LAKE CHARLES, Ls Sulphur con ORLANDO, Fla,—Citrus downward revision en British fered to increase the mum in proportion to the reduction secured from the carriers of freight rates ft. Biscuit N. H., and Har folk and Western - Americ Electric Current BIRMINGHAM—The hydroelectric p bama and % clent to allow plants supplied. COLLEGE “YOUTH, SLAYER OF TWO, GOES ON TRIAL PORTLAND, The cranberry ower in Georgia, is now suffi. Pacific Oll -. Pan Ameri and Rdg. Phillips Pet. . Radio Corp. . Iron and Reynolds Tob, - 93% St. Louis and San Fran. Seaboard Alr'Line - 51 | shares. Chrysler fell back two points and United States Steel cormmon, 1%. General Electric showed an_ initial Sears Roebuck Sinclair Ce Southern Pacific YOU KNOW ME AL---Adventures of Jack Keefe Dear Al: Well Al old boy I guest I werent no fox to come down here and put my foot into this boom You wont belief it ] bet when you here that I grabed off close to 32 thou since I bin operating here. Joe Whelan has got sore and leaf me flat cause I only give him ten % for his end. Hes a pretty lucky guy when you stop to think that it is me who is the master mind ‘of the outfit. Well Al it was so easy for me makcing that dough down here in the real estate game that I’m thinking of make- ing a bull of Wall St. when I go back north. Jack Keefe. be Casper Daily Cribune DAILY [se] TRIBUNE S LIKELY SET NEW RECORD Cattle Raisers Thrive on Strong Packing House Demand and Wool Prices Show No Sign of Weakening Soon. YES, S12, WHEN 1 ty PLAYIN? Gaseegece rLe HAVE @ PRETTY FaT GANK ACCOUNT TO uu K AT QND Laven- HERE'S QNOTHER CHECK #50075 and Dye Motor and Ohio - und St. Paul pfd. 18 and Pacfic stocks. Chemical ‘others pfd. valuable Stores, Sr Stores “FE Marine pfa. ~ 38% - 39% - 18% Copper — - 53% Centr: Pacific an Pet. B -. ie . O81 NEW YORK, . 9.--AP)—Wide- read fluctuations in stock prices acterized new week Prices broke sharply soon after the opening as a result of energetic bear seliing, inspired by the deficit shown in last. Saturday's clearing house rtatement and the belief that the technical position of the market had been weakened by the rapidity of the A sharp break of $5 a bale in cotton futures also was responsible for recent advance. Mquidation of Barly losses, which ran from 1 to 11 points in a number of the popu- Jor issues, were largely made up by mid.afternoon when the market ral- lied under the leadership of Bald- ifted nearly six points to 131% on a revival of ru- mors that the company had sold Its Philadelphia holdings. Mercantile issues also were in strong demand, win, which May Department pulte Stores and MeCrory . rising 3% to 4% points y's closing quotations, The recovery took place In the face of a stiffening of call money rates to five per cent, Commission houses re- ported extensive switching of spec- ulative operations from the motors and other volatile Industrials to the oils at rails, Pacific Oll showing ont- standing strength. | opened 11 points lower at 250, ral- ~ 81% | tied at 260 defore the end of the third hour with total of all stock sales also crosaing the 1,500,000 share mark withIn that period. ‘The closing was firm. the early irregularity gradually dis- appeared in the final dealings when Brisk bidding carried a number of tobacco and miscellaneous Issues to new high prices. Brown Shoe regain- ed 8 points and advances of 3 to 5 points {ncluded Pacific Roebuck, Coca Cola, Line, Schulte and Stores. Some of the motors however, continued heavy. Sales approximated 2,500,000 shares. above Saturd: Atlantic Coast United Cigar - 4344] NEW YORK, Noy. 9.—(@)—Reac- + 395% | tionary tendencies predominated at the opening of today’s stock market S| with selling apparently inspired by 48% |the fear that the deficit shown in ~ $8, | Saturday's bank ~ 55% | tead to a. atiffening of call, money rates. DuPont broke 11 points to 250 on the “initial statement would sales of 2,600 Cast Iron Pip Judge Edwin t. His counsel announced » would be insanity, BRITISH RALLY |": FROM MONTHS: OF DEPRESSION ASHINGTON Crude Market | 36 to 36.9 gravity .$1.79 . 87 to 39.9 gravity . 1.87 \15- -Million Bale \Cotton Crop Is iU. S. Prediction A A 1 se influences ire announced today of November 1 on and other factor $5 a bale today ation of the se Sugar fined sugar today was n of fair proportions with prices trading rather iv, total United gain of three points. Bear traders launched a savage attack against the motor shares soon after the opening and succeeded in f some. sharp reactions by number of stop loss orders, Hu Mot points, General Motors 4 dan and Fisher Body two each be- fore the end of the first balf hour. Sympathetic selling took place ‘in other parts of the list, National Lead dropping 4% points, U. S. Cast-Iron Pipe 2% and Aled Chemical and American Can two each. Professional traders took profits freely on the theory that the tech- nical condition of .the market wat. ranted a ‘reaction. Speculators for, the advance. did not entirely abandon’ thelr’ efforts, however, staging a bullish. demon- Stration:in the ofl shares under-the leadership of Pacific Oll, which quickly advanced about two points. United Cigar Stores and. Schulte Stores also showed independent strength; mounting to new high levels for the year. Renewed weak- ness of French francs, which drop-| ped nearly ten points to 3,96 cents, featured the irregular foreign ex- change market. Demand ‘ sterling way slightly lower at~$4.84 5-16 but the other rates showed only nomi!- nal changes. The weakness of stocks became more general when a drop of 100 points in cotton futures caused some liquidation of speculative holdings to protect contracts in cotton. Nash Motors slumped 15 points, Chrysler 6%: General Baking and Loose Wiles Biscuit, five; Woolworth 4% and a number of other shares 3 points. or more, Retention of the call money ruling rate at 4% per cent, despite the deficit In bank reserves and yio- lent bidding up of special tssues, caused a later material rally all around, DuPont moved up five points from its low level and Hudson Mo- + Baldwin jumped 4 points to “The. Tribune, Oil and Financial News ‘OH, MR KEEFE- HERE'S @ LETTER FROM Your TAILCr WITH @ BILL ENCLOSEO MONDAY, NOVEMBER 9, 1928} MARKETS # _ .-By DICK DORGAN %. DST WRITE @cross THE FACE OF IT- “OPENED BY MISTAKE” AND SEND IT FAMILIES FRENCH HANG ARAB REBELS | Wyoming Oils a Quotations by Bias Vucerevich, Broker 203 Consolidated Royalty Building Western Exploration — 3.00 3. Consolidated Royalty_ rqvd 1 Central Pipeline -. E, T. Willams Bessemer Western States Kinney» Coastal Columbine -. s Jupiter Elkhorn Domino - Royalty Producers 03 Sunset 00% Pleardy ~ 201 Atlantic Petroleum —.. .00% Great Northern, 1,000 - 1.00 1.26 Quaker Oi! - 00% 00% Preston Oil, 1,000 ---. 1.00 McKinnte Riverton Pet. Argo — Buck Creek Prairie Olt ~.- Mountain Producer Salt Creek Producers -. Continental — New York O} Salt Creek 8. 0. Ind. Humble O11 -. Ohio O11 .-. Livestock Chicago Prices. CHICAGO, Nov. 9.—(U. S. Depart- ment of Agriculture.)}—Hogs—Re- eeipts 40,000; moderately ptive; mostly 15 to 25c higher; packing soWs advanced 25 to 35c; slaughter Pigs 25 to 50c¢ up; bulk good and cholee 140 to 290 pound weights $11.60@11.85; top $11.90 for best 160 to 290 pound averages; mafority packing sows $10,00@10.60; better killing. pigs largely $11.50@12.00; heavyweight hogs $11.30@11.90; me- dium $11.60@11.85; ight $11.25@ 11,85; ght Nght $11.00@11.90; pack- ing sows $9.75@10.76; slaughter ples $11,25@12.25. Cattle—Receipts 22,000; beet steers and most she stock strong to 25¢ higher; spots up more on desirable ght. weight steers; stockers and feeders sharing advance; early top welghty bullocks $14.10; desirable corn fed steers of all weights scarce; bologna bulls steady to strong; veal- erg around steady bulk to packers $11.00 downward; few upward to $11.50. Bheep—Receipts 15,000 fat lambs mostly 25¢ higher bulk desirable na- tives and comeback westerns $15.00 @15.50 few loads native to shippers and small kiMers $ : cull native fully ste at $11 00; feeding lambs strong around 15¢ higher filne car string of Montanas $15 few fat ewes steady to strong at $7.00@ heavies downward to $6.00. Omaha Quotations. OMAHA, Nebr., Nov, 9.—(U. 8. Department of Agriculture.}—Hogs Receipts 9,000: active, mostly 15@ Sc higher? bulk 140°to 325 pound welghts: $11.25@1145; top $11.50, pall for 205 pound butchers. Cattle—Revelpts 15,000; fed steers steady to strong; bulk $9.09@11 90; medium weights $12.00; she stock active, strong to 10@16c higher; bulls slow, weak; veal steady; ateck- erstand feeders moderately active steady to strong; stockers and feed: ers $6.25@7.75. Sheep—Recelpts 2,500; lambs most: ly 26¢ higher; bulk fed lambs $15.00 @15.25; top $15.25. | Foreign Exchange | NEW YORK, Nov. 9.—()—For-| elgn. exchanges irregular. Quota- tions In cents: Great Britain, de- mand 484 3-16; cables 484 1-16; 60 day bills on banks 480%. France, demand 3.96 cables 8.96%. Italy, demand 3.98; Che Silver | NEW YORK, Nov. 9.—@)—Bar sliver 6945; Mexican dollars 5344. OHICAGO, Nov. 9.—(#)—Poultry allye, very steady; recelpts 18 cars; fowls 14@20c; springs 20c; turkeys $0¢; roosters 14c; ducks 2 16@18e. GRAIN MARKET SHOWS SLUMP Warn Against Other Risings 4, Speculative Selling Begun on Rumors of Heavy Canad- ian Imports crtcaco, Nov. 9.(7)—Althougn | for the mandatory power the bod unexpected firmness of quotations at |suspended for six hours. market The A here un early upward trend today, | party which some time ago attacked material declines soon’ set in B = B s: f | larged speculative selling had much | killed the French captain and wound-} usiness Driers to do with the setback. Selling ap-|ed other members of the party. To based on current talk | sach body was of | card on which was printed a descrip. | Canadian wheat by United States | tion of the crime for which the men | workers emple Opening prices, En-ja of probable d hi has risen lower | were hanged. }in the last fortnight. The gain. December | A newspaper correspondent who/| large extent, has been in fron s “&, were followed by for December Subsequently and $1.43% for and May $143% to $1.44. Fair and cold to | thelr lot with them. ease The burning by t’ After |ious villag up, Decem- | not given them, . corn prices un.| struction for the same reason by December |the Druses of numerous villages. | down corn and oats as well opening at \) derwent a general Later there was buying of corn | homeless men joining the rebels and As a re-| constituting a force that now ts a |‘ . The | real menace. $1.91 preceding quarter and deficit 4c net lower to| PARIS, as against sales of wheat. It. the corn mar! corn closed irregu’ 14¢ | telegrams arriving there from Syria |!" started unchanged to 38%c, but | Indicate that a decisive battle {s| Pe" Pool indicate weak production higher, December 38 later showed losses Higher. quotations on hogs, lifted | the rebels. Close | directed against Damascus Saturday | Comtinent 1.48% |to storm the city's defenses. For 1.43% |®% moment. it appeared th€y would) !n¢ 1.2814 | force the lines, but a vigorous coun- | quired. 75% 79% The firing ceased yesterday morn. ‘80% | Ing. , > ne, : Money | 2 See A Be Se SR a, 30%, | NEW YORK, Nov. 9.—U—Cotton | MS. tate 444; ctoslr ‘s6% | SPot quiet; middling $19.95. m7 | Butter and Eggs tle paper 444 Grains and Provisions | 9.—-P) —Wheat | 4; number | Corn number 2 mixed 864 ber 2 yellow Sic. Oats number: 2 number 3 white 39@d0c, Timothy seed $¢ Clover seed $21.00@ 30,00 Bellies $16. 00 Metals NEW YORK, tures 14% @14%o. ‘Tin, easy; spot and nearby $62 Iron, firm; No. northern $21.00@2 29 ; futures $8.76@8.8 See aa NG n Consolidated Royalty Western Exploration E, T. Williams Will be glad to furnish any information of any of these is- All stocks bought and cables 3,981. De mand: Belgium 4.52%; Germany Vucurevich, Broker 403 Consoliduted Royalty Bldg, Phone 166 gerse Bodies Left on Gallows After Public Execution Staged in Damascus to LONDON, Nov. 9.—(#)—Large crowds of people of Damascus Sunday witnessed the public execution by they” French of three Arabs, according to advices from thd Syrian city. Apparently in an effort to instill full respect of the men were left abs were members of a | on ifs way to Bagdad and} Casper Tribune) —The number of attached a large pla-| (Copyright. 19) 2ADING, to;made his way from Halfa to| steel plants and textile mills. gains all| Damascus describes the destruction | around, and ther by a drop to $1,47% | wrought by the French bombard-| May.|ment in the city, which, the volume of trade |is extenstv , and the market y declined readily on emall orde: at the same | says it is evident that when the | franchise for the 1%¢ lower, | Djbel Druse tribesmen made thelr | cost al 5 to} way Into Damscus the lower cle- W ORL across Lal » he says, | bridg: ce ce of Adem| promoted by the Watson-Wil will start Jan court has appro The p Was badly battered and numerous | syndi of its valuable contents looted. He| suprem ments of the populdtion threw tn} y e French of var-| | Oil Summary where suppo: vas avameieitian ae. WEAVER AND CO. ne Hotel Building Northern Pipeline declared regular has resulted in large numbers of semi annual dividend $3. kelly Sept. 30 quarter after all % earned Sic a share against $484,221 thifd quarter 19 , 1 —A)—La Liberte’s | Months $3.70 a share against $1.23. respondent In Cairo eays| Highest temperature of ofl and eased showing of water in Gar- 4. Nine special imminent between the French and|0f ©!l will be less than previously oxpected. A new and violent attack was} William ident Mid. oll Industry night when 1,600 rebels attempted | '$ 17 better position than at any time a Oll and Ga he Hughes G; 7 ter attack repuleed them, the cor. |%2Uthern Oklahoma known as the ondent reports, Trio County Gas Co —>—_—___ Cotton NEW YORK, Noy, money firmer; high 9.—-(P)—Cal low 4%; rul- bid 5; offered 4; last loan 5: call loans against ot piled ie hal acceptances 4%; time loans steac mixed collatera) 60-90 days 4% @4 4-6 months 4%@%; prime merean- standards Dis inser “AT WAGANT SPARTMENT, — NOTIN KAUTZER HOME DULUTH, Minn, Nov lose flax: November $2.53; Decem- ber $2.64: May $2.59. Mra. W. M. Kautzer, who Iives at r Co armen 1208 North Virginia street. sald to- DES MOINES. Ig,—District Judge | day that it was not at he vr addres# Bonner believes marriages should be| but in vacant apartment near contracted under religious Influence. | the ta quantity of wine H» will perform no more ceremonies | be: was selzed Satu y in the court room. s county 9—0P)—Cop- WE BUY, SELL AND QUOTE p, Spot and fu- THE STOCK OF Consolidated Royalty Oil Co. CALL US FOR INFORMATION CONCERNING THIS ISSUE HILL, WEAVER & CO. Phone 3024 Gladstone Hotel Bldg.