Casper Daily Tribune Newspaper, November 16, 1925, Page 6

€ fA~\ PAGE SIX SEASONAL SLUMP IN INDUSTRY SHOWS UP Melon-Cutting Season Commences as Wheels Slow Up After Summer and Fall Season of Unusual Activity. BY yright 19: . ROYLE ne Ci and fallure to m: us to While the gr the me commenced extra distributions In stock a bonuses to em: and holt founted on mas. One of pera weelc retail for wholesale and thing. Buying influenced hases by contemplating round winter resort this trend, as those who are the-world cruts Overcoat have been phe- anded. at the price named. nobile manufacture s might have been expected at season. The Detroit. p: workers from the pr though the total st! a repre: has appro plant additto 1 and a. the market {s firm #8 coming through in fine {road equip feature. expected to fall slich recent peak from now F e been a may be the lly men's bi: well and fact nomena], Large concerns are deal- ing with English manufactures as well as with those at home. If the L Trunks, bags, 8 and leather belting show tm proved demand. ‘Piper box manu- facturers have exceeded the 1924 volume of production and the ex tremely busy. Newsprint operations are a trifle less actfve. Lumber output and sales still are well above the November. uC mmodieg Trade New Steel. CLEVELAND.—Demand for nuts and bolts is firm, at better prices here = | Livestock. SAN ANGELO. Tex.—Thirty-three hundred steers were purchased in this section this week by Chase Br ers of Kansas from G. R. of Brad}, and the Sawyer Cattle compa The steers will be Celivered next spring. P, sare understood to h: een higher than the 1924 fall level. Proprietary Medicines. ATLANTA.—Kanak, Inc., of At Janta, and F. W. Dillingham com- pany of Cincinnat!, have formed a $1,000,000 consolidation for the man- ufacture of medicine. Shoes. BOSTON.—Wood heel workers in shoe factories have voted to return to the Shoe Workers’ Protective union from which they seceded lately. Potatoes. 8ST. PAUL.—The Minnesota po- tato crop {s 18 million bushels short of last year. The flax yield fs 700 000 bushels lowe rt! a vear The corn crop {s estimated at 15: 000 eee eE OAKLAND, Calif.—Completion of the harbor here, for which the voters have authorized a $10,000,000 bond issue 1s expected to place Oak land in the first rank of Pacific ports and facilitate shipments Pacific to Atlantic territory. tleally no unemployment here and a very good demand exists for skilled labor of all kinds, espec in the building de | tr nionths of 19; and depletion is tuck-Ar! contrast In the s October the United 70,604 short ¢ is Statistics x month before and in August. ‘The year's high was 74, | American th he 901 in March, ‘The output for the | 10 months of 1925 was 704,733 tons, a monthly rage of 79.473 ‘tons | compared with a monthly. average of 66 1 Freight traffic on’ the Canadiar wailroads In the week ended Novem ber 7. established a ney | total load!) of 77,370 ing last the fi ear’ time peak th Ish Royale | operating In | dividends today with a disburse ment of $1 a share. The last pay- ment Had been 50 cents September. 8 mpar er reaned to depr and fora federal 28 In the Iso before dep'e xen Poece compared ling and fe This brought for the nine months of 1925 to 619,813 depletion and fed- $1,401,236 a year EX-KLA 126,3 bush last y d with 000 Oil. SACRAMENTO.—New i] wells pened in California this year total 169 so far. This compa with 1,212 at this time last year AKRON.—The first group of Fire who will undertak the task of developing rubber plan tations in Africa for the Firestone ompany have left here for Liberia [ee ~ Potatoes CHICAGO, Nov. 16 (P)—Potatoes market stronger, prices higher all around, Total United States ship stone emploves ments Saturday 537, Sunday 20 cars: | Wisconsin Minnesota sacked round vhites $3.25@3.50; fancy $3.75: Mich {gan-Wisconsin bulk round whites $3.40@3.75; according to quality and condition. Receipts 113 cai | Cotton NEW YORK, ton spot quiet; Ni 16.—(P)—Cot middling 00. — ur Minn., v. 16. higher; family pat- barrel FLAX, Minn., Noy. November nber $2.50; May §&: N CHIEF IS SENTENCED DULUTH, ce TOLIFE TEAM @)—Ear! 1 Gentry equitted on a charge of murder in snnection with the death of Miss Madge Oberholtzer of In but facing other ‘ges a henchmen of D. C. hens soug. diay as fugitly tice. After they had de ted from th j fall here Saturday lea vin, Stephenac who had been convicted of Miss Oberholtzer's murder, {t was liscovered they had falled to provide pr bonds for ppearance in ‘Ins noliss where charges. of cori: racy to ee nit a felony are pend. ing them. There cha were made following investigation of a fire which damaged Stephen Son's suburban home near Indian- apolls || Sugar YORK 16,—(P)— Re eadier and ts higher toda que ns ranging from and a moderate inquiry te Sugar futures ‘closed easy proximate sales 38,000 tons. [I 7; January Ap- em: Ba Daa story Is told of a teacher who 5 to her pupils “The Landing of the Pilgrims,” after which she requested each pupil to try and draw from his or her tmagination a pile- ture of Plymouth Rock. Most of them went to work at once, but one little fellow hesitated, and at length raised his hand, “Well. Willie, what is {t?" the teacher, “Please, ma'am, do you asked ago. us to draw a hen or a rooster?” Stocks and Grains atter can not supply the article de- number of men employed in has fallen 36; March 2.45; " | OF EVERY BODY CONNECTED WITH ‘HE Ciecus BO VL HEL® you TO FILL oOuT THIS HERE QUESTIONNAIRE. WERE You BORN INTHE ONITED STATES ? pene nc | Last Sale Allis Chemical and Dye ------ American Can ~ American Car and Foundry - Ameri Locomotive - Amerie and Ref, Americ Anieric American American American Anaconda Atchison Atl. Coast 3aldwin Locomotive Baltimore and Ohio S Bethlehem Steel - California Pet. Canadian Pacific - Central Leather pfd. -.-- ro de Pasco Chandler Motor apeake und Ohio: ~. go and Northwestern —- Chicago, Mil. and St. Paul pfd. lorado Fuel sngoleum-Nairn Consolidated Gas Corn Products -. Crucible Steel — Cuba Cane Sugar pfd. - Davison Cane Sugar pfd «. Dodge Brothers pfd. Du Pont de Nemours Electric Power and Lights ctfs Erie’ First pfd. Famous Players - General Asphalt ~ General Electric - General) Motors t Northern pfc Gulf States Steel — fiudson Motors Uilinols Central Independent O, and G. Int. Ha Int. Mer. Int. Nickel Kelly Springfield Lehigh Valley Louisyille and > Mack Truck and Oil Seaboard Oil Mo. Missourl Pacific pfd. Montgomery Ward - New Norfolk and Western North American Northern Pacific .. sifle Oil "an Americ Pennsyly Phila and Rdg. Phillips Pet. Pure Oil Radio Corp Reading Rep. Ire | Reyno! Transcont. Union -Pacl U.S. Ca ht U. S. Rubber U. 8. Steel Wabash pfd. “A” - Westinghouse Electric Willys Overland ... Ww Salt Creek, 36 to 36.9 gravity Creek, 37 to 39.9 gravity ‘ock Creel Muddy Cat Creek Lance Creek Grass Creek, light —. Ureybull Torehiight Lander Jeage Sunburst Perris Byron Notehes 18S@19e.« Mule Creek ...cceeneeceeeneee Hamitton Dome seeasceeeesnee YES, SACK WE HAVE TO HAVE @, RECORD New York Socks Crude Market 1 1 1 L 1 1 1 1 L 1 1 m Butte POULTRY. . CHICAGO, Nov. 16.—()—Poultry firm; recelpts 14 cars; fowls 16@23c; springs 280 3Bc} roosters 15c; ducky geese } ed on to EACTION HITS STOCK MARKET Motors Drop Heavily but Partial-Rally Comes. Dur- ing Afternoon, NEW YORK, Nov. 16.—@)—Re- actionary tendencies predominated in today’s stock market despite sev- eral favorable dividend announce- ments including an extra cash pay- ment of $5 on DuPont and an in- cfease in the annual rate on Kenne- cott Copper from $3 to $4, Motors were heavily sold for both accounts, the repidity of the decline in several issues suggesting the absence of re- cent pool support. DuPont broke 16 points after the announcement of the dividend, tndicatlng that the ac- tion had been well discounted. Prices developed a raliying tendency during the early afternoon, although ca]! money rates were marked up to 5 per cent. Olls were again under heavy accumulation, special strength and activity of 'Texas company being in apparent anticipation of an early increase in the dividend. Founda. tion company foreign subsidiary “rights’ were an outstanding fea- ture, opening at 15% and quickly running up about nine points, Trad- ing In the rails quieted down some- what althuogh the Van Sweringen issues gave a good account cf them- selves. Selling pressure was re- newed just before “delivery time.” with the whole market selling off again. NEW YORK, Nov. 16.—(#)—InI- tial price changes in the stock mar- ket today were narrow and conflict- Ing. Trading generally presented the same characteristics which pre vailed at the close of last week with buying support appearing for rail shares, while profit taking proceed- ed In the, high priced motors and specialties. U. S. Steel. American Can, DuPont. General Motors and Hudson opened slightly lower. Sustained buying of the railroad stocks, based on estimates that Oc- tober earnings would eclipse the monthly record established in Sep- tember, contrasted with short selling and reallzing in other sections of the st throughout the early dealings. Among industrials, ofl suares main tained the best tone, Standard of New Jersey moving forward on the revival of rumors that its proferred stock soon would be retired. Stocks in the nickel plate combination ad- vanced under the leadership of Ches- apeake and Obio and early gaing also were registered by Canadian Pacific and Baltimore and Ohio. Dupont was heavy despite the virtual certainty that the extra dividend ,recetyed from General Motors would be p: company's velgn t 16 and quickly advanced to 19. Foreign ex: changes were firm with demand stér- Ung quoted at $4.843%. Extensive selling of the shares caused the whole market to at a rather rapid pace. r broke 12% to 200, which pares with the recent high of Wudson fell 6% and Mack Jordan, White and Fisher to 44%. A number of. other a and railroads g: ® points or so with U. z Cast Iron Pipe losing 4%, General. Elec- trig 5 and DuPont 11 points. ‘Subse: quent heavy ac peake and Ohio, American Can, Mis souri Ifley International Nickel and Schulte started a vigorous rally. Hudson, Chrysler, DuPont and Ge eral Electric moved up five to seven points from the low figures: Nickel Pinte sold ex-dividend at 164, a gain of 8% and the record price, Call loans renewed at 4% per cent. The Closing was weak. | Higher call and time money rates’ caused more general selling in the after. noon, bear traders widening the scope of thelr operations, DuPont's loss was extended to more than ! points and United States Steel re- ceded to 132 Other representa tive industrinis, including (General Electric, Sears Roebuck, U. 8. Cast Tron ¥Pipe, White and Hudson Motors, sold five to 10 points lower, Sales approximated 2,600 000 shares phe tt -altah Use Foreign Exchange EW YORK, Nov. 16.— Foreign exchanges I{rregulat, quotations tn cents: Great Britain demand 484%; cables 484%) 60 day bills on banks } Frante demend 4.01%: cabter mand 4.0h: onbles 4011 The Casper Daily Cribu —_] TRIBUNE. YOU KNOW ME AL---Adventures of Jack Keefe * | @300 motor | ne MONDAY, NOVEMBER 16, 1925 Wyoming Oils Quotations by Bias Vucerevich, Brolfer 203 Consolidated Royalty Building 2 Western Exploration + 2.85 3.00 Consolidated Royalty -10.00 10.25 Central Pipeline — 55.60 EB. T. Williams 3 Ul Bessemer ---. 16 Western States 03 Kinney Coastal Columbine - <o--e Jupiter - Elihorn Domino Royalty 205 Sunset — 00% Picardy 02 Atlantic Petroleum --- 0045 Great Northern, 1,000 - 2.25 Quaker Oil _.. 00% Preston Oil, 1,000 . 1.25 McKinnie - 14 Riverton Pet. — 2.75 Argo --_- 4.50 Buck Creek ~_-.. ot | Curd Stocks. Prairie OW --.. 53% Mountain Producers - 24% t Creek Producers 80% Continental — New, York Oil — Salt Creek Consolidated — 8. 0. Ind. <. Humble Oil Ohio ON -_-.. | Livestock Chicago Prices CHICAGO, Nov. 16.—(U, 8. Dep't. of Agriculture}—Hogs—Receipts 44 000; slow, opened strong to ten cents higher; later sales mostly steady to strong; slaughter pigs 15 to 25¢ higher; major killers inactice; desir. able bulk, good and choice 140 to 310° pound averages, $11.60@11.80; early top $11.90; packing sows large- bq $10.00@10.50; majority of desir- able killing pigs $11.50@12.00; heavy. welght hogs $11.45@11.85; light ght $11.00@11.85; slaughter pigs $11.25 @12.10. Cattle—Receipts 22,000, fat steers steady to 25¢ higher. Better grades up more in spots; trade* uneven. Medium grades predominating: cholce heavies’to shippers upward to $14.50; medium welght sid bulk = fed Bteers $10.50 downta she stock firm: fat offerings/15 to’25ce higher: bulls firm; yealers 25c lower, Sheep—Recelpts 22,000; fat lambs fairly active; few early sales $15.00 @15.50: around 25c lower; shoep and feeding lambs steady; odd lots desir- able native ewes $3.00; few sales of comeback feeding lambs $14.75@ 15.25. Umaha Vrices Neb. “Nov, 16.—(Uy Iture}-Hogs 12,6 Ughts et decline. weights chotce 180} a @11.40; packing sows $10.00@ smooth tip to $10.60; bulk of all sales $10.25@11,40; average cost Saturday $11.19; weight ‘24 age cost for the week ening Novem. ber 14, $11.12: welght 246, * Cattle 11,000; fed steers and year: lings slow, about steady; bulk $8.75 @10.50; some held bigher; grass steers fully steady; bulk $7.00@8.00; few Lp to $9.25; ehe stock steady to strong: bulls strong to higher: veal and calves around 0c lower; steckers. and feeders’ steady to strong; bulk grass cows $4.26@5.75} heifers $5,50@6.75; caniners’ and cut tere $3.25@4.00; bologna bulls $3. @4.25; practical veal top. $10.50; few to independents’ at; $11.00; heavy 26; scockers and feed. Wyoming yearlings OMAHA, ound $t1t and pound jtop $11.40; 900; all classes steady bul fed elfpped lambs $15.00@15.23; fed clipped lambs $13.00@14.00; ewe top $8.00; feeding lambs. $14.75 15.25, | ——_—___ | | Standard of N. J. | Elects Jones As Board Chairman NEW YORK, Nov. 16.—@)—~ George H. Jones, vice president of the Standard Oil company of New Jersey, was elected chairman of the board to succeed the late A, C. Bed: ford, Walter C. Teagle remains president of the compan: HAY. KANSAS CITY, Mo., Nov. 16.— Oil and Financial News (#)—Hay unchanged; cholee alfalfa “2,00@ 28.60; No, 1 prairie $13.50@ | t +t timothy $18,50419.00; | dy Ngist, “$18.00018.60, WHEAT SLUMPS AFTER ADVANGE Profit-Taking Causes Sharp Drop Afte: Strong Initial Gains CHICAGO, Nov. 16.—(#)—Altho the wheat market showed an -up- ward trend today at the outset. de- clines quickly ensued. The initial gains were ascribed largely to the fact that the amount of wheat on ocean passage had fallen off 4,200,- 000 bushels in the last. week, and that the crop reports from Argen- tina were construed as bullish. On the advance in prices, however. gen. eral commission house selling de- veloped and despite indications that the sales were chiefly.to realize profits, the market underwent a ma- terial setback. Opening quotations unchanged to Ie higher, anew style December $1.57 to. 1.57% and May $1.50% to 1,51 were followed by a drop to $1.55* fcr December and $1.49% for May. Subsequently announcement that the United States visible supply had increased only 132,000 bushels as against 3,453,000 bushels a year ago had some bullish influence, but the effect failed to last, and the market fell lower than before. Wheat closed weak, %c to 2%e net lower, Decem- ber $1.54% to $1.545% and May at $1.49% to $1.49%4. Corn and oats swayed in sympathy with the: action of wheat. After opening at %4c to be advance, De- cémber 77146 to 77%c, the corn mar ket receded all around to below Sat- urday’s finish. In later transactions, December vorn showed relative strength. Coun- try offerings to arrive were small. Corn closed irregular, %c net lower to te advance, December 77%c. Oats started unchanged to %c higher, December 37%. Later all months showed a slight “foss. Provisions were firmer, reflecting AN upturn Wheat— in hog values. Open High Low Close ~ 1.57 1.57% 1.54% 1.54% 1.50% 1.51 1.49% 1.49% L 1.32% 1.32% 1.30% 1.30% WT 80% 80% S11h 81% +38% 38% : ABM AB 44, 14h da” 82 82 81% 38%. .88t; ‘8T% -16.07 , 16.20 16.20 —--14.60. 14.65 14.62 secu pgesiheewei: Tee - awaew. 14.20 eee eee e — 16.50 Grains and Provisions. 16.—(#)—Wheat, No. Cash CHICAGO, . No. 2 mixed Hesissis; hard $1.60@1.61. Corn, No, 2 mixed sic; N low 90% @Ble. Onts, No. 2 D white 39144: Rye, Now 2 8534¢. Barley, 63@ 65¢. Vmothy, $6.25 @7. Clover seed. $20. Lard, $16.50. Tilbs, $16.25. Bellies, $17.00. | Money NEW YORK, Nov. 16—()—Call money firmer; high 6; low 414: rul- ing rate 4%;'closing Did 5; offered at 5%; last loan’S;‘call ioans against aceeptances 4; time loans firmer; mixed collater‘al”.60-90 Gays 4%; 4-6 months 4%; prime mercantile paper aM. ' 1. white 40@4013c; No. 25, 5@20, Metals =. NEW YORK, Nov. 16.—(4)+Cop- per, dull; electrolytic, spot and fu- tures 14% @14%c. Tin, easy; spot and nearby $64.12; futures $63.62. Iron, steady; No. 1 northern $ 922.50; No, 2 northern $21.00@22.0 No, 2 southern $21.0022.00. Lead, steady; spot $9.75. Zinc, steady: East St. Louls spot and nearby $8.50; futures $8.40@38.45. Antimony, spot $20,50. Bean Benson ae | Silver. EW YORK,. Nov. 16—()—Bar OSt4; Merg fexidin dollars 62%. i MARKETS 7 --By DICK DORGAN NORFOLK, Va., Nov. 16.-0(?) — Isabella Bennett, 15 years old, sec. ond cousin of President Harding, and Sarah Cohen, 17, who had been missing from their homes in’ New York City since Fricay, were found here today by a trayelers’ aid so- clety worker. ‘Tired and repentent, the two girls were under care of the soclety to- day, awaiting word from their par- ents who have been notified of their Whose judgment is best about ter’s hand—her mother? “A this questic Dear Mrs. father oung woman or her Thompson: 1 girl in my late teens and in love with a réal nice boy. But my father does not think he 4s nice. Mrs./Thompson, my father is real crab. He never has liked any fellow I have gone with. I have tried to get the best fellows to come to see me, but he. does not like any of them, My mother ‘thinks this am. a boy {s a good boy in every way.| and so do my brothers, who are married and know life. My father went to see some good people in the town to asi them abont this boy and they told him the boy was} all right. I will try to forget him if you’ think it is best, but it.is a hard thing to do. He earns good money and has saved a Jot, and he has asked me to marry him. I have not told my parents this yet. { have been going with him a year and {t has been a fight with my father a good part of the time. At times my father thinks he fs all right and then he will talk wiln my uncle about him, and decide he does not like the boy. I think I will marry him anyway. We can buy ‘a home and set up housekeep- Ing immediately. What wou'd you do? cM. @. Your father appears to have one of those blind reasons in parental prejudices. I belleve you can safely ttust the judgment of your mother, and brothers. If they approve of the young man, then marry him, providing, of course, you really love him. eee MI JACED ATTENTIONS. Dear Mrs. Thompso: Ia girl about 18 and I aur with « bo love ye he tly he thinks has I dia take me home surely does not have a great Iiking This boy means not? Ing in my life, My friend hag tater the word of his friends against mine,” 1f-he really loved mo he would trust me, would he not? Plense advise me what to do. Shall It go to him and/tell him this boy means nothing in my life, or sl: UL wait for him to come to me? SALLY B. Don’t be #0 foolish ss to go t him, If, when he sees that you hot pay any attention to othe boy, he does not come back to you, vou will know that he does not caro, And why worry about a boy who doesn't trust you and takes other persons’ words in preferenve to than I beard that a certain boy great deal of me and. he cused me of liking the boy. let this first boy night, but that prove that 1 toward bim. the qualities of a suitor for a daugh- | asks me} one} IL oe asa! LI att cause 1GoT RELATIONS ALL WEE Y GIRL COUSIN OF HARDING FOUND safety. The runaways were found in an apartment house by Miss Har- riett Stokes, travelers’ ald society worker, who lived there. They told Miss Stokes that when they left New York Friday afternoon they had $20 between them and started for Wash- ington. Arriving there they found themrelves without’ money and afraid to appeal for help. y | ‘The girls sald they hiked to te al mond from where they accepted automobile ride to Norfolk. Her Mother Approves Su Doesv’t—W hat Shall She Do? | ‘=| DrPant : Extra Dividend ut Father itor, b are a constant reader of this columy, and yet you ask me a question that unewered in this column repeated- in the only way posible. No 1 who yespects herself submits to n° man’s embraces unwillingly just hecauste she wants to keep his friendsh'p. What's his friendship worth if ha’s fust s flirt? eee CORNELIA AND UNHAPPY RUTH: Really, ut your age, you shouldn't be worried because you iren’t popular with boys, It often appens that the girls who are mof sopular when they're very” the least“popular when they're ‘grown up". Enjoy yourselves now ith girl companions, and let your charm and individua!: ef without hb DLACK SHE cast’ decide vy write you. We'll let “Out- cr she wants to Rate \On Kennecott Copper Boosted NEW YORK, Nov. 16.—()—DI- vectors of the Kennecott Copper compa today increased the annual dividend rate on the capital stock $3 to $4 a share, through fon of a $1 quarteriy pay able January 2, to stoc! record December 4, The d been paying 75 cents ment, pay ie hi quart wince dividends were re- sumed January, 1928. _ Declares TON, Del., Nov. .16.— tra dividend of five dol- share was declared today o: stock of I. DuPont de ours and Company WILML SPECIALIZING Consolidated Royalty Western Exploration E. T. Williams Will be glad to furnish any information of any of these is- sues. All stocks bought and sold. Blas Vucurevich, Broker 103 Consolidated Royalty Bldg. Phone 166 ARE AGAIN OF JUNK. Metal, brass, radiators, lead and batteries. mane and horse tails. prices in the market. furs and wool. G |/518 West Yellowstone ATTENTION WE BEG TO ANNOUNCE IN THE MARKET FOR ALL KINDS We pay 20c per pound for horse We are paying the highest et our prices for hides, pelts, GREEN & CO. THAT GREEN & CO. manila rope, finer tubes, Phone 2408