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

PAGE TWELVE DAILY Oil and Financial News 4 Producers 8,—(#)—The upon the establish- various markets of n Bureau Fe O- 000 cars of 1 to the mar- great livestock jo ‘hope for the a successful orderly marketing {s a prob- l scope due to the geo- tem of nation: FOR BIG LIVESTOCK MARKETS ARE URGED Association President Points Out Needs in Address Before the Farm Bureau Federation, Chicago. graphical location of consumers of livestock and the location of meat animals. Seventy-four per cent of the people of the country are located east of the Mississipp! river and two- thirds of this number north of te Ohio River, while the center of the hog population {s in western Tilinols, beef cattle in Kansas, range cattle in Colorado and Sheep in Nebraska. This entails a grave problem of dis- tribution. “While the consumers’ taste and ability to ps or various kinds of meat varies from week to week and month to month, the sale and distr!- bution of meat animals depends up- on fixed standards for the country as a whole, Such standards are ab- solutely necessary before pooling methods of selling can be developed further. STORES ARE JAMMED BY HOLIDAY BUYERS Employment Conditions Remain Good Despite Influx of Itinerant Workers and Pur- chasing Power is at Maximum By J. C, ROYLE. NEW YORK, Dec. .7.—The tiner- ant workers of the country are com- mencing to move into the cities and out again, bound for winter jobs, industrial em- ployment remains undiminished and purchasing power Evidence of that fact was given in ores of nearly evéry section of y during the week. Christ- f already reached a merchants expect to : Extra employes »y the thousands have tremendous, extend storeh put to work b handle the crowds of customers in to be expected the volume bile production is falling Industrial employment in Detroit, which refiects the trend of that industry, the last week to 264,426, which com- pares with 197.075 a year ago. Some off slightly. fell off 2,626 in Midwest Making Progress On Powder River Oil Test Midwest Refining company’s. deep test of the Jupiter well in the Pow- der River field, west of Casper, ts drilling at about 3,150 feet with the Sundance sand as the objective. On the Dutton Creek structure the com- joint test with is drilling again after set- sasing at 3,790 feet. The Mid- ts abandoning its test of the Dry Piney structure in southwestern ng at 3,002 feet. Continental Ol! company, joint account of the Consoll- Ity Oil and Western Ex- 3,073 feet in Allis Chemica] and Dye ~-. American Can --.. American Car and Foundry American Locomotive ~. American Sm. and Ref. American Water Works American Woolen Anaconda Copper ~. sales of a couple of the quantity producers. There is a marked trend toward making stahdard equipment of many accessories formerly sold separately from the car Itself. Steel continued to show improve- ment and the back log of orders for 1926 delivery will suffice to keep operations active for weeks to come. In fact, some companies are not optrating at capacity only be- cause some furnaces are down in repair. Slow improvement is mak- ing itself felt in the petroleum in- dustry. Non-ferrous metals are de- pressed by foreign conditions. The market was virtually bare of spot tin. Business men interested in cotton waited anxiously for the govern- ment report which will be issued December § and which may deter- Atchison —_--__. Coast Line -. Baldwin Locomotive Baltimore and Ohio ~........ Bethlehem Steel California Pet. -. Canadain Pacific ----... Cerro de Pasco Chandler Motor Chesapeake and O Chicago and Northwestern .. Chicago, Mil, and St. Paul, pfd. Chicago, R. I. and Pacific - Coca Cola Colorado Fuel Congoleum-Nairn cae Consolidated Gas Corn Products Crucible Steel Cuba Cane Sugar pfd. Davison Cliemical - Dodge Brothers pfd. Du Pont de Nemours Electric Power and Light ctfs. Erle First pfd. --. Famous Players ~~. General Aspahlt General Electric General Motors -. Great Northern pfd, Gulf States Steel -. mine price trends a the near fu- ture. The general textile situation especially in New England is much improved, with mills operating at a higher rate than for a long time. Attention is being turned toward re- ducing costs by individual worker efficiency. the Wallace Creek field, Natrona county, Wyoming. The Continental recently completed a twenty-barrel well on section 3-34-76 of the Big Muddy field. Emil H. Steiger, president of the New York Oil company, has been elected a director of the E, T. Wil- ams Oll company. ‘Texas Production company is down 2,080 feet with its test of the Ar- minto structure, northwest of Cas- per, where it took over the opera- tions of the Wyland syndicate. Cas ing was set at 2,498 feet and the hole is believed to be nearing another gas sand? ommodity Trade News rut was 109,000 r than for the week pre- n farmers ar ead of clothi Wanted to Buy 000 shares of E. T. Williams If you have any of this stock get in touch with me at once, Blas Vucurevich 208 Consolidated Roynity Bldg. Drugs. PORTLAND, Ore.—The Liggett interests are reported to be negotiat- ing for a chain of nine stores in Ss tle and others in Tacoma. The eastern interosts recently purchased the Stout and Lyon chain here and the Murgitroyd chain in Spokane. Automobiles. DETROIT—The addition of a two- passenger coupe to the Oldsmobile line start December 15, is ex: pected to add mate to the pro- duction of the Olc ctory, Lettuce. LOS ANGELES—First shipments of the Imperial crop are starting Fancy pric alley winter lettuce stward in car- s are being offered. Grai WALLA WALLA, Wash—George Drumheller has sold approximately 140,000 bushels of white wheat at $1.50 a bushel net to the grower without grading, to Kerr, Gifford d company. NEW YORK, Dec. 8——No Improvement was reported today in the demand for refined sugar and prices were unchanged at 5.00@5.50 for fine granulated. Sugar futures closed steady, Ap- proximate pales 45,000 tons. De- mber 2.28; January 2.28; March 34; May 2.46; July 2.56. —_——o FLAX, DULUTH, Minn., Dec, §—@)— Close flax: December 2 January 2.64: Februar Hudson Motors ~~. Iinols Central - Independent O. and G. Harvester ---- Int. Mer. Marine pfd. Nickel - Kelly Springtie s Kennecott Copper Lehigh Valley eee Louisville and Nashville .. Mack Truck . a Marland Ol! ~. Mex. Seaboard Oil Mid-Continent. Pet. -. Mo., Kan. and Texas Missouri Pacific pfd. .-. Montgomery Ward Biscuit --... Sd New York Central ¥., N. H., and Hartford ~~ ic and Western —. North American Northern Pacific Pacific Oil ----- Pan American Pet. Pennsylvania ---. Phila and Rdg. C. and I. Phillips Pet. Pure Ot! — Radio Corp, . Reading ~ Rep. Iron and Steel Reynolds’ Tobacco B Louis and San Fran. Seaboard Air Line Sears Roebuck - Sinclair Con. Oil - Southern Pacific Southern Railway Standard Oil, Cal. Standard Oil, N. Stewart Wa Studebaker Texas Co. --.-- Texas and Pacific Tobacco Products Transcont. Oil Union Pacific S. Cast Iron Pipe ---. Steel - Wabash pfd. Westinghouse Plectr'! Woolworth .... yeler -.- Crude Market Salt Creek, 36 to 36.9 gravity .$1.79 Salt Creek, 37 to 89.9 gravity . 1.87 Rock Creek ~....~-. Blg Muddy ~--------<. Elk Basin ~.... Cat Creek Lance Creek Grass Creek, light —------~--. Greybull -..--eeeeemceneenenee 1.75 Torchiight ---2--e-eennenaene 1,75 Mule Creek ..------.--—------—— 1.25 Lander ----------—--—---—-—— ene 2.16 nent teemeeeemwennnene 1.56 Sunburst Hamilton Dome Ors nn enanennncnmmnenncnene 1. ‘Say, SAMPSON HEAR THEY HAVE @ ORETTY TouGr GoY FoR REEFE TO FIGHT IN THIS Tow New York Stocks Last Sales. Leather, pfd. -. er Overland springs 26¢; turk SREY SS ae SY ae Casper Daily Cribune TRIBUNE -NEQH ~ Jack OUGHT To GET. PLENTY OF ROAD eee SENT HI @QOuF Li THE Go eack No-(T ONLY yook ME IS MINUTES QVER TO THE GOLF COURSE otations vy Bias Vucerevich, roker WHEAT RALLIES || NEW YORK BONDS AFTER SETBACK Liverpool Weakness and Ar- gentine Reports Bearish Early Today (AALS LEADIN STOCK TRADING Motor Issues Feature Up- ward Movement in In- dustrial List 203 Consolidated Royalty NEW YORK, Dec: 7.—The following are today’s high, low and clos- ing prices of bonds on the New York Stock Exchange and the tot sales of each bond. U, 8. Bonds Western Exploration Consolidated Royalty Central Pipeline B. T. Williama’ ~. (Sales in $1,000) High Low’ Close 99.2 2 Western States --.. Kinney Coastal ~. Columbine ~ NEW YORK, Dec. 8.—(P)—Ri stock prices today reflected Wall Street's response to President Cool- idge’s message to congress in which he predicted continued prosperity, urged prompt legislative action to recommended plans to expedite railroad consolida- Higher call money rates and a break in cotton prices brought an interval of depressions but the sell- ing was well absorbed and prices quickly resumed their upward move- U. 8. Treasury 4s----------------- U. S. Treasury 4\s------------- FOREIGN— CHICAGO, Dec. pected weakness of quotations Liverpool, together with new Argen- tine crop estimates, widely at vari- ance from some that were y: put forward, led to an early down- turn in wheat prices here. Today’ estimates figured the Argentine ex- portable surplus as 135,000,000 to 140,000,000 bushels. hand, announcement of additional vessel charters to move wheat from Chicago to Buffalo tended to bring about price rallies. Mic to 2%%c lower, new style, Decem- #1.79%, and May $1,73% to $1,741, was followed by upturns that on some transactions Ufted the market to the same as yeserday’s finish, Subsequently, vanced, sympathizing with strength at Winnipeg, but soon encountered aggressive selling and sharp setback, Wheat closed heavy, 2% to 5c net lower, new style, De- cember $1.75 to $1.76, $1.70% to $1.71. Corn was eas: 8.—) — Unex- Czechoslovak Republic 8s 1952..2A Dom, of Canada 5s 195..-.-....--B French Republic 7 1-3s-----------' Japanese Govt. 6-2s -. Great Northern, 1,000 - Buck Creek Rep. of Chile 8s 1941 State of Queensland 6: U. K. of G. B. & I, 548 1937... DOMESTIC— Amer. Smelting 5: Amer. Sugar 68 ~----.--.---------B Amer. Tel & Tel. 545 A. T. & T, deb, 58 1960.-... Anaconda Cop. 7s 1938 -.---------E Anaconda Cop. 6s 1953.. On the other — YN Motor shares, after an early burst The opening, of strength, enconntered an attack from bear traders while profit ‘tak- ing interrupted the advance in the One of the outstanding fea- Mountain’ Producers ~-----. Salt Creek Producers ---.-. Continental ~--. New York Ol! Salt Creek Cons. tures of trading was the revival of activity in the public utility issues with gains of three points or more registered by Electric Power, West Penn Company and Montana Power. Humble Oil Bethlehem Steel con. 6s, A-----.—I Canadian Pacific deb, 4s------—-J Chic. Burl. & Quincy rfg. 5s A_--K Chic. Mil) & St. P. cyt. 4%s_---.L Chile Copper 6s Goodyear Tire, 8s 1941-----_-_-N Great Northern 7s, A.---------. Great Northern 5s---~--. Montene Power 5s A_-.. Northern Pacific rfg. 6s B------R Northern Pac. new bs D.. Northern Pacific lien ‘4s. Pacific Gas '& Elec. Bz. Penna R, R..gen. 4%. Sinclair Con. Oil 6s 1927. Southern Pac. cvt. 4s. Union, Pacific 1st 4s. U. S. Rubber 5s ----_-_.-..- Utah Power & Light 5s-._---_F" Western Union 6%s Westinghous More general buying of repre sentative industrials also was influ- enced by assurances of tax cuts Livestock Chicago ‘Prices. a ST president's predictions of unprecedented prosperity {f proper precautions were observed. operations were resumed in a num- ber of specialties, brisk rallies in United ;States ‘Al- cohol. Beechnut Packing, Matheson Alkall and Bosch Magneto. MINNEAPOLIS, Min: 10c higher patents $9.90 a barrel: 35,443 barrels. Boast namatoty NEW YORK, Dec. 8.—)—Cop- electrolytic, spot and fu- CHICAGO, Dec. 8.—(U. 5. Depart ment of Agriculture)— Hogs—37,000; 15c to 25c lower than Monday's aver- age; lighter welghts show minimum decline, packing sows extremely dull; early bulk desirable 210 to 300 pound futchers $11@11.15; big packers bid- ding up to $10.85; better grades 160 to 190° pound weights largely $11.25 .50; practical top $11.60; 160 pound selection mostly $11.60@ few packing sows $9@1I sirable killing pigs largely $11.75@ 12; heavy weight hogs $10.75@11; medium .$10.85@11.15; ight $10.60@ up to $10; bulk of all sales $10.50@ ing sows $9@10; sympathizing with Besides, reports were cur- rent that a majority of elevators hore were making contract corn due December delivery. %c to Ic off, May 83%c to 831gc, the corn market recovered most of the bringing about After opening Later upturns failed to hold well. Corn closed irregular, %c net lower to %c advance, May 83% to 84c. Oats were relatively firm. Start- ing at %c to %@%c lower, May 454 @45%c, the market scored slight general gains. Scattered buying gave something of an upturn to the provision mar- Elec. 78-----------H nn & Co., cyt. 6c--...--------I sale of bonds today were $11,111,000, compared with $6,340,000 pre vious day and $9,701,000 a year ago. Bran $26.50. Cattle—Receipts 14,000; fed steers quality considered spots 25c lower; at close. Prime Christmas yearlings. $13.50; few loads cholce yearlings ; most fat steers $3.75@ 10.50; little change in the stock; veal- mostly $11@11.50 to HELP WANTED—MALE __ For Sale—AUTOMOBILES MAN WANTED as personal factory representative in Casper. to the right man, the best Proposition ever offered. ence or capital required. information to Syncro Motors Co. Battle Creek, Mich. SERVICES OFFERE: CUSTOM WEAVING—A nice rug or pping bag from rags. Phone Open High Low Close Dec., new 1.78% 1.80% 1.75 Old. 1.77% 1.78% 1.73 1.76% 1.70% 1.70% 1.68% 1.68% 1.53% 1.49% 1.49% . eady to easy; dency 25¢ off USED CARS * and nearby Lead, easy; spot 9.25. Zinc, steady; Louls spot 8.8! Antimony, spot 2! ers 50c highe! packers; outsiders $12@13.10. Sheep—Recelpts 15,000; fat lambs opening around steady, choice kinds mostly $17@17.3! held higher, in between grades weak; fat sheep fully steady; feeding lambs around 25c higher, spots up more, yearling wethers around 99 pounds $14; early bulk de- sirable fat ewes $9.25@10; few sales $16.25 @16.50; short double $16.90 Money YORK, Dec. money firm; high 5 STENOGRAPHER wishing exper!- ence will work mornings for small Write Box 5-107, Tribune. Remodeling and W. V. Johnston, The 8.—#)—Call low 5; ruling ; closing bid 5%; offered at 5% jlast loan 5%; call loans against acteptances 444; time loan, mixed collateral 60-90 days 4% @5; 4-6 months 4%@5; prime mercantile Foreign Exchange eign exchanges easy. L1TM% 141% 1.11% MARCEL complete, Phone 2191-R. Al MARCEL and no student. Omaha Quotations. OMAHA, Neb., Dec. 8.—( partment of Agriculture}—Hogs — 10,500; active, 130 to 180 pound weights $10.90@11; top $11; good and choice 180 to 280 ages $10.80@10.9' ty packing Pows $9.35@9.75; 11.50; Nght light $10.75@11.85, We are offering big values in out Used Car Department— fully steady, Quotations in to mothers doing Xmas children from one five years of age taken care of. Hours 9 a. m, to 12 and 1 p. m. to 4. Small charge and the best of care. Coach—excellent new finish; extra good buy at the price we have on it. Chandler 1924 Sport Touring—famous Pikes Peak motor; 6 good tires; car in ex: tra good condition, on this one, cables 484%; 60 day bills on banks 5 good tires 10.90; average cost Monday $10.70; Phone 1446-W. GAS FITTINGS of all kinds; stoves installed and adjusted; estimates nable rates, cables 3.76. demand 4.024; Cattle—10,000; fed steers and year- | $1.81% @1.82. lings very slow, weak to around 250 lower; early sales $8.50@9.75; sev- is held higher, other killing classes mostly steady, stockers and feeders steady to weak; bulk butcher cows $4.76@6.25; 4.521; Germany 23.80. mixed Sle; No, 2 yel white 43%c; white 43@43%ic Get our price $7.50 per ton, Call Moore 17TR- Grain Opinions heifers $6.75 @8; Timothy seéd, $6.50@ $21.00@ 30.50. % canners and cutters $3.50@4.3) logna bulls $4.60445; practical veal stockers and feeders $7@ By HILL, WEAVER AND CO. Bartlett Frazier—The market clos- WANTED TO BUY WE BUY, ‘sell and exchange used Standard Touring—excellent con: dition; sold with a hew car guaran Get our price. ed below the average price for open- ing which suggests extreme conser- Some new bull in- in corn to attract Fry's Furniture Co, 249 W. Yellow- Bheep—12,500; killing classes are atrong to 26c higher, bulk fed wool lambs $16.25@16.60; packer tops at $16.65; shipper top $16.75; no fed clipped lambs sold; butk fat ewes at feeders dull weak early sales feeding* lambs at $15.75 @16.10. vatism in whea) centive necessary WANTED TO BUY—Discarded clo- thing and shoe, guns, tools, tents, tarps, saddles and chapps. &hone The Two-for-One-Stor For Sale—AUTOMOBILES pale ste RTT oo ae pb menS, USED CARS All Makes—New Purchase Plan $5.00 Down, $5.00 Per Week A Christmas Present for the Whole Family Easy to Pay For GREAT NORTHERN MOTOR CO. 333 _N. Wolcott St. st Aes Sg aE FOR SALE —Dodge touring with excellent condition, buy;_terms if desired. FOR SALE—Jordan roadster, 1922, g00d condition, T HAVE ® Bulck touring car will se!l for $85; good rubbe and runs fine. FOR SALE—Ford truc 1648-W week days or sce at 631 1925 Club Sedan—5 balloon tires Jackson Brothers—We are in a big bull market and feel that the long side is preferable on setbacks. find a real bargain in this one. iW YORK, Dec. 8.—Bar silver 69%; Mexican dollars 53%. Ped ee Se SET Make this an electrical Christmas Classified Ads WANTED—SALESMEN Thomson McKinnon—Would sume a trading attitude and accept profits on quick advances, 1924 Club Sedan—good tires; new Butter and Eggs 8.—(?)—Butter, CHICAGO, Dee. higher;- receipts 11,497 tu! ery extras 49%c; extra firsts 46% ®47%4c; fir 45%c; seconds 41@42%c. CHICAGO, Dec, 8.—(#)—Potato trading just fair; market tal U. 8. shipments 406 ca: sin and Minnésota sacked white $3.40@3,65; few fancy $3.75@ Idaho and Montana sacked rus- b fair quality riick ¢ BUICK SL 1923 Touring—very good condi: Bargain price on this one, Harris Winthrop—Feel that pres. ent high wheat levels has discounted and changed conditions. The strong wheat market has much to do with strength In corn, WANTED—TWO SALESMEN Stein Alstein—Would walt for mod- erate reaction before buying wheat. tin’ Wht a shai 2—1924 Coupes; extra good shape 1—1924 Touring 1—1924 Roadster The best place in town to pick up @ good used Ford cheap. 40% cash—8, 10 and 12 months on balance. CASPER MOTOR CO. 230 W. Yellowstone ne Notches --.--. Pllot Butte —----.----—------ 1. site Wises ott oma Poultry CHICAGO, Dee. 8.—UP)—Poultry firm: receipts 10 cars 19@25e . roosters 18c; ducks 20@22c: Call Fred at To Make Good Money, Commissions. CASPER GAINADAY CO, 402 East Second St. YORK, Dee. annual dividend rate on the capital stock of the Western Union Tele graph company today was raised from $7 to $8 a share when direc: tors authorized a quarterly pay: ment of $2. maintained on a $7 yearly 8.—()—The WANTED—SALES, ‘TED AT ONCE—Four or five solicitors. ‘s} men or womer Watkins, ctrtulation’ man- ager. Tribune office, UTO” FREER EVERY do'lar paid us by purchase or on account we give w ticket on Ajax ran to be given away Decem FOR SALE=19 tell axle, new mirfect condition thern Motor €o. Ford tourings Rux- : curtains all in neni Make this an electrical Christmas. 8.—P)—Cot- Why oot an Essex for Xmas?! Drink HMerest Water. hone LI5L.' ton spot steady: middling 20.60. Te)l the Advertise The Trtyine.