Casper Daily Tribune Newspaper, November 12, 1925, Page 8

PAGE EIGHT DAILY | Sige nae | TRIBUNE - {9 Oil arid Financial News he Casper D Daily Cribune RAILROAD OWNERS TO | YOU KNOW ME AL---Adventures of Jack Keefe SEEK INTEREST CUT! Reduction in Rates on Money Owed to Gover- | ecel ment to Be Argued in Plea to Be Taken Before Congress. » Nov. nt to be put before congress UrE- al ali to th this receivership. “many wnership.” The gov 2 sponsible for the wi the road $55,000,000. A gument contended, treasury 1s able to @ much 000,000 —P)—A would facilitate early termination of The New Haven and the Boston and Maine systems also were men; d as entitled to rellef. | The association was said to rep thousands of stock- the country. and of stock was legally ro tuation in which the ratlroads became {ts debtor, it nould | asserted, adding that at, present tho obtain mo} at lower rate than the six per- cent charged the railroads. Oil and Gas Prospectors Leases Issued by State al fc n W e3 7,944 tons above the to! w r oil SACRAMENTO—The drop in the joes of fuel a price oll to to 4c CHICAGO—Cos ~ Market Gossip | By WilLWw Gladsto: ral Toto: to sf — e ed today tn his sult to win npany declared | 4 nt of ar e to the $i a share on 5/4 negro coac ” regular qu He said that the question of Alice's en common, pay-| color h risen during the months 0 stock of Dece nedintels ous to thelr mar- 3 for six months ee ee eee arned net after de terest and federal duetrials 164.13. up| NEW YORK, Nov. 12.—@)—For- t¢ 106.10, up 1.87: | elgn exchanges firme Quotations in un .06. |certe: Great Britain demand 464% aa cables 484%: OVday bite on ban J Killed three) ties 40 tinly. send 4 on Armistice }4.03. 1) Helgtuny suspended oferations gs to the curtaliment of demand te colleries. cents per thousand in centr ver and Company, red on to s 50 quarter Detroit, Mich., of 10-39-62; SWHNWK 8 c. 36-48-91. Muirhead, Casper, all of}alt of 16-45-60. B. Keener, trustee, Rapid Commodity Trade News thern Ulnois are tak’ book large orders cause to ‘be made soon. expected to send pri nging the on to 49,816,469 or 1 at this inter mining p Minnesota ranges BIBMARK, Iron Mountain, in county, mantled. "a.—The Maz ton Western Pine Manu! feet of lumber, ‘or 9 normal... Orders feet and shipments in California has consumers of gas al and northern |tlon to Special meeting of ‘otel Building meeting after t is expected an $3 to 85 a sh » the common, umblan Natural h in turn later é red extra divi- egular quarterly Ol! Baldwin well No. common, payable ite of 2,200 barrel of Decemby 20 degrees gravity, end 100,000 f ated in east portion of uction fn 8 Pai now n corp vote today on to September 30,| fifteen-year 6 per federal taxey but | bonds which will $2,108 dividend in same previous quarter arter ed 13 per It ia inten intaln its} nued From ‘ose, Leonard rlage last October, to Robert Rhinelander Jones and All im thi English They reports August 31 320 after intere: taxes eald they in thelr ® marriage to mil denied the couple th years Grand Island, W. Wilson, NW, W%NEX, of 32: SEYMSW% of 33-34-65. Worland, «all of Charles A, Sartain, R in advance be- of the expected raise in price Car shortage is Railroad Equipment Mo.—The Belleview and Western railroad, running from to Belleview, Lumber PORTLAND, Ore.—Mills of clatign last week produced 32,661,000 totaled Radio ATLANTA—The natlonal be held here tn December has already served to greatly stimu- late’ radio sales in this territory. By Hill-Weaver ami Company. Gladstone Hotel Bldg. Peoples Natural Gas company. 2,728,001, Petroleum lasue of $35,000,000 F LETTERS ARE MISSING f the marriage of her oldest ister, @ Brooks, were not negroes but were eople of Spanish extraction. had done every- power Wh, BYNWY all of Guernsey Denver, SW 4 Colo., Ni N% Hayre, Bont., ing care not to ces up. Saint Francis {s being dis- the facturers’ asso- per cent above 28,121,000 287,000 feet. exposl- SEE, THEY aGeeE TO BUY THEM io acres | THROUGH ME GND GIVE ME @ BONLS TOO? y IF LiL Sow fs THEIe cone 4 | new York Stocks | i Last Sale Allis Chemica} and Dye ~-.--. 111} American Locomotive Sm. and Ref, Americ American American American Anaconda Atchison Ati. Coast Line Baldwin Locomotive Baltimore and Ohio ~. Bethle Califor: Canadian Pacific Central Leather pfd. Cerro de Pasco .-. Chandler Motor Chesapeake and Oh: Chicago and Northwestern. -- Chicago, Mit. and St. Paul pfd. Chicago, R. T. and Paciflo --- Coca Cola. Colorado Fuel Congoleum-Nairn Consolidated Gas Woolen Copper Crucible Steel Cub Cane § Davison Chentical Dodge Brothers pfd. Du Pont’ de Nemours Electric Pawer and Light ctfs, Brie First pfd. Famous Players General Asphalt General Electric General Motors Great Northern pfd. Gulf States Steel — Hudson Motors Illinois Central Independent 0, and Int.! Horvester Int; Mer. Marine pfd. Int. Nickel - Kelly Springfield ~. Kennecott Copper Lehigh’ Valley Louisville and Nashville - Mack Truck Marland Ol! Mex. Seaboard Oil Mid-Continent Pet. Mo., Kansas and Texas - Missouri Pacific, pfd. Montgomery Ward stockholders of American Natural Gas company has been called for Januar: transfer of company’ properties to its subsi Gas y 7 to approve ‘s natural gas diary, the Col- company, will be merged production federal tax stockholders cent mortgage way for in- to $3 from $2 Page On Kip Rhine a. chiefly becaui a negro testified that ice had assured to. prevent Brooks and had house for two U. 8. Ind. Aleohol - U, 8S. Rubber -... | U. S. Steel | Wabanh pfd. A Nat. Biscuit Nat. Lead --. New York Central N. Y., N. H., and Hartford -. Norfolk and Western North American Nortbern Pacific -. Pacific OU Pan American Pennsylvania -- Phila. and Rdg. C. Phillips Pet. Pure Oll Radio Corp. Reading Rep. Irc Reynolds To! Louls and board Aid Line Stewart Warner Studehaker Texas Co. Texas and Pactfic ‘Tobacco Products - Transcont Ol -- Union Pacific ~~ U. 8. Cast Iron Pipe Westinghouse Electric ade fo Overland Grade Market | Salt Creek, 36 to 36.9 gravity .$1.79 Salt Creek, 87 to 39.9 gravity . 1.87 Rock Creek ----------—--—--—— 175 Big Muddy —---+-------<. 1.75 Elk Basin ee eee—n-o= 1,90 Cat Creek .--se---oe---—-én= 1.00 Lance Creek ~----------------~ Grass Creek, Ught —~--.-- GreydUll -n-n<--ne enn Torchilght Mule Creek -.-------------- Lander Osage SUNDUTEE mans poemenmnenenenn n= Hamilton Dome ~~ ie ee 0 es Notcbes ~~ 1.66 1.05 1.06 1.80 65 Pilot Butte —-----—s----— 1.05 ett S SATO POULTRY. CHICAGO, Nov. 12—W)—Poultry alive, firm but strained; receipts 13 cars; fowls 16@22c; oprings’ 22%; turkeys ‘30c; roosters 16c; ducks OG2Sc; geese 1¥c. basi tele Flour APOLIS, Minn.. Nov. e'oLr—Unehanged. Shipments Tran. 26.00 herrele 4 | Iron OH, DO You HAVE TO FiLGHT STRENGE MEN 9 CONFIDENCE IN STOCKS GROWS Upturn Develops on Ex- change With Passing of Reactionary Period NEW YORK, Nov. 12.—@)—Con- struction forces were again at work in today’s stock market, sharp recov- erles taking place throughout. the list. Bear traders, who sold ‘stocks freely in ‘Tuesday's bad break were forced to bid high to recover thelr ccmmitments, Speculative terest was again focused largely on the mo- tors after the closo of the market. Impressive strength also developed in a number of high priced isstes for which recapitalization plans are believed to be pending. A strong undercurrent of Invest- ment buying also was apparent: in the rails, Baltimore & OhJo, Northern Pacific and Lehigh Valley all selling t new peak prices for the year, or longer. NEW ORK, Noy, 12.—M— With its technical structure plainly strengthened by the recent reaction the stock market made further progress ‘on its recovery at today’s opening. Expectations of a large extra dividend by General Motors at 8 meeting sent that stock up more than 5 points, making {t the feature of the initial dealings. Gains, of 1 to 3 points embraced American Sugar, U. S.. Steel, Ameri. can Can, Fisher Body, Studebaker, Owens Bottle and Baldwin, A serles of favorable dividend an- nouncements coupled with the vir- tual certainty that , forthcoming meetings of industrial corporations would bring further increased dis- tributions counteracted the market, searo over the credit situation, started by the advance in the Bos- ton rediscount. rate. With confi- Cance largely restored. public buying orders again poured in for specula- tlve favorites and prices shot for- ward at a swift pace. ° DuPont, which will pass on {ts General Mo- tors extra dividend to its own stock- holders, quickly mounted more than 24 points to a new top at 271, while General Motors extended its gain to 6% points. “Chrysler ‘rallled 10 points and advances of 2 to 4 points were registereé by U. S. Steel, Hud. sen Motors, General Electric, Mack Trucks, Youngstown Sheet and Tube, Sloss Sheffield and Atlantic Coast Line. Foreign exchanges were stéady, with sterling quoted at $4.843,, Stocks which had been . favorite speculative mediums before Monday’s crash regained thelr popularity again lon was directed to current Various merchandise y issues Ww . Otls vents ““B" and 4% to 6 Comme points; DuPont droppéd 16 points from its high figuer and Chrysler five without: disturbing the conft- dent buying: in progress elsewhere. ‘The renewal rate on call loans was reduced to 414 per cent. . g was strong. Wide fluc- tu farked the afternoon trad ing. Attracted by the early high levels, hear traders launched another ttack which drove DuPont Chrysler ten and Motors and Cast to six points from the d ks, while 8. S. Kresge crumbled 35 points, Strong support again appeared however, and toward ‘ket once more mov r the leadership of r and General led 6% and 10 Sates approxi. 20 Pipe the close the ma ed forward un¢ United States Blectri points mated Rubt which rn respectively 2,200,000. st | Metals NEW YORK, — (A) —Cop- 1 per quiet. Electrolytic, spot and fu tures 14%c, Tin firm, spot and near- futures $63.87, Tron say, prices unchanged. | Lead ady, spot $9.75. Zine steady: Fast St Louls spot $3 60: futures $$.50@ Antimony spot $20. |__Pot Potatoes | CHICAGO, CHICAGO, Nov. 12.—(7)—Pota- toes, 121 cars; total United States shipments 593; Canadian by freight *6 cars, by boat 116; trading very slow: market very weal; Wiscon- Minnesota sacked round whites 33. GSI: Cre lower; Michigan, 8.60. sin ven | tray trster, 45 47's Quotations by Bias Vucerevich, t Broker i 203 Consolidated Royalty Building Western Exploration - 2.85 5.00 ‘Consolidated Royalty - 8% 9% Central Pipeline 55 £60 BE. T. Williams - lees SB Bessemer ~---- 15 16 Western States \~ OT 09 1 Kenney Coastal - OT = 08 | Coliimbine 03.05 Jupiter 03.04 Bikhorn Ot 0485 Domino ------4. 06.07 Royalty Producers- 0304 Sunset 00% 00% Pleardy - OL» 02 Atlantic Petroleum -. .00% .00% Great Northern, 1,000 - 1.00 . 1.25 Quaker Ol — 5 Preston Ol], 1,000 McKinnie Riverton Pet. Argo Buck Creel Curb Stocks. Prairle Ot! Mountain Producers Salt Creek Producers <. Continental — New York Ol! — Salt Creek Cons. 8. O. Ind. Humble Oil Ohio Oil .. Chicago Prices. CHICAGO, Noy. 12.—{U. 8. Depart- ment of Agriculture) — Hogs — Re- celpts $4,000; slow, mostly 10c lower} slaughter 25c to 60c off, bis pack: ers doing little, bulk desirable 160 to 820 pound weight $11.45@11.60; top $11.70; bulk good and choice 140 to 150 pound welght $11.45@11.60; top $11.70; bulk, good and choice 140 *| to 160 pound kind $11,30@11.50; ma- jority packing sows $9.70@10.20; bet- ter grades killing pigs largely $11.25 @11.50. Cattle—14,000; fed steers of value to sell at $9 upward; very slow, steady to weak with recent extreme decline, very little done; quality me- dium to good, well finished long yearlings held above $13.25; ®ulk fed stoers $8.50@10.50; gramsy and warmed up offerings fully. steady; she stock strong to 26c higher; veal- ers mostly 600 lower. Sheep—15,000; fat lambs actly generally steady to strong; spots around 25c higher on desirable handy weight, early bulk $15@15.25; lgbt sorted, few $15.75 to city butchers; $25.85 bid; feeding lambs strong; bulk desirable kind early at $15.25@15.75; fat ewes steady, few early sales at handy weight natives $7.50@8. Omaha Quotations OMAHA, Nebr., Nov. 12.—(U. B. Department of, Agriculture)-—Hogs— Receipts, 8,000; mostly 10c dower; better grades butchers and Ught offerings of. all welghts, $11.25@ 11.40;" top, $11.45; heavy packing sows, mostly $10.25; smooth, up to $10.60; bulk of sales, $10.40@11.40 average cost Wednesday, $11.12; welght, 249. Cattle—Recelpts, 3,300; fed steers and yearlings, slow, steady to weak; bulk, $8,50@10.25; few up to $10.75; some held higher; she stock slow, steady. to weal bulls and veals steady: stockers and feeders, $7.00@ ; canners and, cutters, $3.15@ western bologna bulls, $3.50@ 76; practica! veal top, $11.50; heavy calves, $6.00@6.75. Sheep—Recelpts, 8,500; lambs mostly 260 lower; bulk fed and fat range Idmbs, $14.75@15.00; sheep steady; ewe top, $8.00; range feed- ing lambs unchanged; bulk, $15.00@ 15.25, NEW YORK, Nov. 12.—(@—A late advance yesterday of 10 polnts brought the range of refined prices up to 6,00 to 5.30 for fine granulated today but demand was only moderate. Sugar futures closed irregular; ap- proximate sales 111,000 tons. . De- comber $2.41; January $2.39; March $2.44; May $2.55; July $2.65. | Be Silver | NEW YORK, Nov. 12.—(@)—Bar silver, 691%; Meazican dollars, 63%. ——s—_— Butter and Eggs CHICAGO, Nov. 12.—(7)—Butter, higher: recefpts, 6,225 tubs; cream: ery extras, 48\4: standard, 449% ex: i firsts, 45@44; n bulk round whites $300] seconds, 41@ 42's. | for best; Minnesota eacked| Exgs—Unchanged; rece'pts,. 1,212) ey Obloe 83.25. | oases. SNRS RET AM I GAR “7 No-ILt BE DON'T YOU THINIZ You'Lt BE LL wor HEAT PRICES ARE STRONGER Market Responds to Reports of Decrease in Storage Stocks CHICAGO, Ni 12.—)— Wheat scored early advances in price today owing chiefly to announcement that further amounts of wheat were be- ing taken out of the meager stock in storage here and were being shipped away to'mills, Besides, un- favorable crop réports were at hand from Argentina, where damage by rains in the harvest district was noted. “According to some advices, too, crop failure was-expected in parts of the Argentine provinces of Santa Fe and. Cordoba. Opening prices, ce off to %c up, new style, December $1.50% to $1.51 and May $1.45 to $1.45, were followed by something of a setback all around and then by materlal gains, Decem- ber touching $1.52 and May $1.45%. Subsequently smaliness of increase ot the world’s available supply as GREAT SHAPE BY THE TINE THE BASEBALL SEASON OPENS well as continued ight domestic re- celpts from the northwest and south- west led to an additional upturn. December, went to the highest pre- mlum yet, as compared with M: Wheat closed nervous, %c to gc net lower, new style, December $1.53%4 to $1.53%, and May $1461, to $1.46%. Corn developed strength as a re- sult of buying bases on the fact that the government crop report a: to corn was less bearish than many traders had looked for. After open- ing unchanged to \c higher, Decem- ber 7544c to 7Bikc, the market con- tinued an ascent that took Decem- ber up to 76c. ‘Wet weather in parts of the corn belt lifted the market a little higher in the later dealings. Corn closed unsettled at tc to 1140 net gain, De- cember 76%c to 76% Oats were steadied by firmness of corn and wheat. Starting at t%e lower to a shad» higher, December 38%c, the market later showed a slight general advance. Despite lower quotations on hogs, provisions were responsive to the upward swing of the corn market. heat— Open High Low Close Dec. ---- 1.50% 1.53% 1.50% 1.53% May s--- 145 1.48% 1.4415 1.4616 July -2-- 1.30 1.30 1.28% Corn— Dec. ~ sT5% 768% May - 39.798 July 30.80% Oats— 16,7 Cash Grains and Provisions, CHICAGO, Noy. 12.—(#)—Wheat number 2 hard $1.48@1.50. Corn number 2 mixed 87@87';c; number 2 yellow 88'4@90c. Oats number 2 white 40@40%c: number 3 white 39 @i0c. Rye, none. Barley 57@i5e. Timothy seed $6.25 @7.35, Clover seed $20.75@29.25. Lard $16. Ribs $16.50. Bellies $16.25. es eee Suitable for Suits The only kind of stocks that are interesting fashionables at present are the Wall Street variety, but some of the new scarf collars de- signed for wear with coat frocks and morning tailleurs are really soft Stocks, the ends of which fall al- most to the wearer’s knees. The materials used are usually silks or volles of a shade contrasting with the color of the suit. NEW YORK, Noy, 12. ey, easier; high 4%: low 414; ruling rate 414; closing bid 4%; offered at 4%; last loan 41; call loans agalnst acceptances 4; time loans, easy; mix- ed collateral, 60:90 days 4% @4%; 46 months 4% @4 prime mercan- tile paper 4%. cen cieenlpemmteates [__ Cotton | NEW YORK, Nov, 12.—(4)—Cot? ton spot, qulet; middling $20.89. pach edd dete vehie Ths Teil the Advertiser" eaw it in The Tribune. THURSDAY, NOVEMBER 12, 1925 MARKETS _-By DICK DORGAN Int 1 AFeeID YOU'RE GOING i= i2=25 Business Briefs General Motors Dividend NEW YORK, Nov. 12.—()—D!- rectors of the General Motors Cor- poration today declared an extra div. idend of $5.00 a share on the com- mon stock, !n addition to the regular quarterly payment of $1.50. Both dividends are payable Jan nary 7, 1926, to holders of record November 23. In addition, the usual preferred and debenture stock divi- dends were authorized, payable Feb- ruary 1, 1926, to stockholders of rec- ord January 4, 1926, Rediscount Rate Unchanged NEW YORK, Noy. 12.—()—vyith the eyes of Wall Street focused on today’s meeting of the federal re- serve directors, the New York bank voted to retain its 315 per cent re- discount rate, which has been. in ef- fect since February 27. Td KILLED IN TRAIN WRECK (Continued From Page One) B, Ey Van Borst) Baltimore. Arthur Gross, Schenectady, N. TY. The Washington train was on time and had slowed down when the St. Louis express, which was twenty minutes late, ploughed through the two rear Pullmans, crumpling them up lke cardboard. Nineteen persons were eald to have been in the last car, The wreck occurred about two arid a half miles from this Uttle village, not far from Princeton. Uninjyred passengers aided in the work of rescue. Many of the in- jured were pinned under the wreck- age which was cut away with acte- lyne torches. A nun from a Trenton hospital made her way through the trangled wreckage to help an injured man. pai aes Liberty Bonds _| NEW YORK, Nov. 12.—Liberty bonds closed: 314s $99.14; first 44s $101.25; second 4% $100.24; third 44s $101; fourth 4\%s $102.3; U. 8. government -4%e $106.27. EDUCATION WEEK TO BE OBSERVED HERE FOR TWO DAYS ONLY Because of a desire not to Interfere h the attendance at the union pel services being held in the tabernacle at Eighth and Center streets, American Education Week November 15 t> 22, yaill be observed here only on two days, {t was an- nounced today by W. W. Slack, chairman of the committee in charge of the program. These days will be Monday and ‘tuesday. It was origt- nally planned to have a program each night of the week. Monday will be observed as Con- stitution and Patriotism day. The servico clubs of Cusper, the Elks and the American Legion will have part in the program, which will be held in the evening at the Elks au- ditorlum, A talk on “The Constitu- tion” will be given by Atterney D, W. Ogilbee, Attorney A. E. Stirrett Will speak on “Our Flag.” and Judge R. Rose will make gn address on the subject, “Publle Dut On Thursday evening at the audi- torlum, 8. R. Bumann, principal of the Natrona county high school speak on “K i, 8. Ellison. vice-president of the Mid- west Refining company, on ‘Con- servation and Thrift,” and Dr. J. C. Kamp on “Health,” DEE Sox: A school teacher wan examining 4 class in grammar, and was trying to explain the relation of nouns and adjectives by telling an example. “Now, for instance,” said he, “what am I?" AM the children answered: man." “Yes, but what elae?"’ This was not co e: pause a boy ventured “A Uttle man.” + “Yes, but there fs something metre than that.” This wos harder, but afier a mo ment’s silence an infant phenome. non almost leaped from his seat in his eagernoes and cried to him: ~ “Please, sir, I know—an ugly little nan,” ea'd he, but after a to suggest; ae Tribune Want Ads Bring Resu!to LONE SONG WHY, Saw THEYS @or @ ELEPHANT IN THAT CLZCUS har QIN'T BEE HOME IN 6B YRS. iT oon BOTHER Exile King Visits . theffew. photos taken of former ‘King{Ferdinand of Bulgar anany/ powerful. of Ballin monarchs he! Germany in.Role =~ of Ornithologist JThislis the latest*and oneTof yin fyears.:” \Once ®they most visited _Berlin}recently, tovattend the ‘national fcongress ‘of fornith> ‘ologists. MOUS AS Lia ARGUMENTS IN STEPHENSON TRIAL OPENED NOBLESVILLE, Ind., Nov. 12— (#)—Closing arguments were started today in the murder trial of D. C. Stephenson, Earl Klenck and Earl Gentry. Prosecutor William H. Remy opened for the state. Prior to the beginning of the argu- ments the defense placed two wit- neskes on the stand in sur-rebuttal. Each side has been allotted eight hours for argument. follow Remy, then Charles the prosecution Ira Holmes of defense counsel will Cox of Eph In- man will close for the defendants while Ralph Kane wit! end the state's argument The defense plan to .call more witness¢ 1 tal but would be morrow are char Madge Oberholtzer, dianapolis girl phenson, the Ku Klux alleged took poison in a He tel, and died charged that medical held from Miss Oberhi mobile race driver. rebuttal today s ness man, yesterday girl Jackson's in uary 12 ws ) sues, time, ever Stephenson, od. nturday. Klenek with ha Gentry bducted prominent Ir last March 15. Ste former grand Klan in to have attacked h mmond, Ind » ho- 8 later. The state 29 di aid was with- tzer an Indianapolis auior testifying in sure dhe had seen St Oberhbltzer in 's office prior to last Will, an Indianapolis ad testifiod for the at ho introdue nm at dinner Fred § te: Janu bas! state and SPECIALIZING In Consolidated Royalty Western Exploration E. T, Williams Will be giad to furnish any information of any of these is- All stocks bought and sold, Blas Vucurevich, Broker Ve Consolidated Koyalty Bldg