Casper Daily Tribune Newspaper, January 6, 1926, Page 7

WEDNESDAY, JANUARY 6, 1926 DAILY Oil and Financial News TRIBUNE ©be Casper Daily Cridune | Stocks and Grains ——————— eee MA PAGE SEVEN RKETS RELIEF FOR MINING INDUSTRY I5 SEEN Senate Committee Takes Up Situation Arising From Damages Awarded Ranchers for Drainage From Mines. : WABHINGTON, Jan. 6.--UP)~ Legislation looking to the relief of the mets] mining {dustry of the West from the situation created by federal court decisions ts under con- sideration by the senate mining com- mittee, The situation is that resulting trom the award of damages to the rancher for damage to his lands by mine drainage, J. F. Callbreath, sec- retary of the American Mining Con: @feas, told the committee. The de- elsion affects companies which pro- @oce 40 per cent of the lead output ef the country and declared that Bera] enforcement of the principle {involved in the court decision, will meke it impossible {o operate the Nead mines of Coeur 4’ Alene 4is- trict as well as the concentration of low grade ores in all western estates. Callbreath explained the doctrine of the appropriation of water for beneficial uses a® epplied to the mining districts in arid land states, which, he said, was the development of laws by necessity of the situation under which mines and irrigated farms had flourished. “Discloration of the water of pub- Me streams or the entrance therein of deleterious substances must be Permitted, if the mining industry to survive,” Callbreath said. “Th! slight damage to lands, adjoining the stream beds below the works of mining companies is much less than would result if the mines were forced to close.” |_Commodity DETROIT—Forest fires in the lest year swept 725,000 acres mn northern Michigan, causing damage estimated at miore than $500,000. Much of the land was covered with worthless growth, but some bore oormmercial timber. KANBAB = CITY~—The largert shipment of egg ¢rate me ever mad in the United Btates, sent here from Paris, Tex., {o Weing redistributed to points in Yowa, Kansas and Miseourl. , Mich—Dr. R. Sone, terestry experiment director of the University of Minnesota, saya the trom mifing Industry in Michigan and Minnesota pays $7,500,000 a year fer mining timbers, which cost five temes 1915 prices. Reforestratio wreerises profite after mines are ex baested, he says. Rice. NBW ORLEANS—Tre total United tates rice crop is now eatimated at $8,900,000 bushels. Foreign crepe ‘ure mort and prices range from THe 4 0%6 « pound. The Louisiana q@op brought producers $20,900,000, Jewelry. PRILADELPHIA—Jewelers tak: tng stock after the holidays declare We demand for men's wrist watenes hes been unprecedented. This is at trfuted to the fact that men are leaving their larger and more valu SCOUT PLANS FOR NEW YER Continued From Page One) under jurisdiction of fer eounell, in the history of the loea) organization. Probably the first important proj- eet fa that of the annuel jemboree weieh octurs during the week of February 7-18 and a tentative pro- wrem tor each day has alredéy been ined out of which announcement wil be madé fn the future. In thie the cofimittes on pub , tallies and célebfations will cerry out the detells of the program. At the meeting today ansotince- mast was made of the following by board: lttes on Publicity, Rallies aa@ Demonstrations=D. Surg, Chairman; Earle G. Burwell, mat Callaway, Eat! BE. Hanway, E. Ww. Rowell. Commities on Hikes and Campa A. M. Ges, chairman; committee te be eompleted later. Committees on Civic Service—W. , Wilson, chairman; G. B. Nelson, W. ¥. Wilkerson. Geurt of Honor—Benjamin H. fester, chairman; ©. A. Cullen, Johnsen, Baker, E. EB. Bhinner, secretary. Committee on Leadership and Ing—-C. H. Bowman, chairman; wv. P. K. Edwards, Supt. A. A. D. W. Johnson. Gommmittes on Troop Organization —¥. .B. Taylor, chairman; Leon C. Geedrich, Herbert B. Jones, Dean Ne@rean, W. C. Goodwin. tments appro’ ‘W. Green: A. —— By Hill Weaver and Company. Philadelphia company declared voguisy dividend $1, payable Jan: ugry 20 to stock of Janus: Possible tate war seen in rate cuts - fron in Ohio b¥ New Tork be Rt d and Wheeling & Lake Erie, American Light and Traction de eleped regular gyarterly dividend of it on commen, ble Pietary 1 to Steck of January 16. Famous ? Players ttys United gg. One of thé largest tn Hol’ ~ lean Pete completes 15,000 bar: well heavy ofl in Pachaco area tn Mexico, 187.60 off 1.15 112.86 off 04 40 Bonde li oc ls $890 up 08 Besiness lunch at the Manbatan Cate, Ha Trade News lowed ‘Talep! ne able watches in #afo deposit boxes for fear of bandits. Ice. LOUIS — Negotiations are practically completed for the sale of the Federal Cold Storage com: pany with icing accommodations xt Cleveland, Florence, 8. G.; Little Roek, Ark., and Sanford, Pia. ts interests owning the City Ice and Fuel company of Chicago and Cleve. land, which operates seventy-five Plants in various cities. Coal. : WILKEBSBARRE, Pa—fome of the anthracite mines are commenu mg to show the effecte of our months’ idleness. Several bad falls of fock has taken place in Lehigh Coal and Navigation company mines st. and ft may be necessary for opera: tofs to ask for more maintenance nign. _ Textiles. BIDDEFORD, Matne~The plant of the Pe Ml Manufacturing company at Biddeford, whict was when weavers struck against the Introduction of multiple loom systems, opened today after a lapse of & month, Telephones. DETROIT—The 500,000th tele. phone in Michigan has gist been put.in operation. The Michigan Reil hone company added 48,600 telephones to its equipment last year And {nétallationa Are proceeding at the rate of 100 dally. _ | Oil Summary | Lf Hil, Weaver & Oo, 1 16 American Petroleum Tnetitute importe of crude and re- fined Oils at principal U. &. porte for Ber totalled 6,022,000 barrels & daily average of 162,033 against 5,107,000 barréla in November or 170,082 dafiy. ame Imports for week ended Janyaty 2 totalled 1,292,000 barrels, a daily average of 184,572 against 727,000 barrels previous week. Louistana Ott ind Refining stock- holders will vote January 18 on ¢4,- 000,000 éonvertible Preferred stock issue, part of proceeds will be used tO retire $2,800,000, 54 per cent notes acquiring interest {n Beacon Ol company. — average prodyction of crude oll in United States for week ended January De ded barrels, a 9, rréls from pre- coding week, according to American Petroleum tus JHDGE KENNEDY AMED TO GONSISTORY POST CHEYENNE, Wyo., Jan. 6.—Judge T. Blake Kennedy w: elected Mar. ter of Kadosh at the annual election of officers of Wyoming Consistory No, 1, held here Monday night. Other officers elected at that time are: Emile Richardson, prior; H. B, Heins, preceptor; Willlam ©. Ment. #4F, chencellor; Charles 8. Morgan, minister of state; George Gilland, anmonér: Bamuel Corson, registrar; John F. Roseman, treasurer. The last three officers were re-elected, as were the following trustees: Dr, Peter Appel, John F. Rossman and Charles B. Morgan MIL PLANE DAMAGED IN FORCED LANDING CHETENNE, Wye., Jan. 6A re. port was received here Tuesday Rouncing that H. A. Collison, mall pilot, was compelled to make u forced landing at wlink Sunday night, and in doing #o he slightly damaged the landing gear of his Plane. The pilot continue his journey té Rock Springs with the mall by train, and obtained a plane at that Place, completing his run to Sajt Lake City almost on schedule. The damaged plane will be placed In wevvice again within & few days. pce dnasen Labia an- air Talc suitable for eawing {nto crayons and penvile ts found mainly in North Cqrolina ané Georgia, but Perel! stock is produced inf Gallforpia, Vermont, Virginia, M: And @ humbep of other stat Allis Chemjfcal end Dye -... 110% American Can ss.v..---~vee UO0% American Car an@ Founéry .. 110% American Locomotive U8y American Sm, and Ref, 2. 140% Ametican Sugar -..--.. eee 17K American Tel. and Tel. 0. 143 American Tobacco s.-..----- 15% American Woolen ...-...--. 41% Anaconda Copper -...--.-., 49% Armour of Il, “B" 16% Atchison - 138% Atl. Coast Line -..csceceer--. 258 Baldwin Locomotive -.. 4... 133% Baltimore and Ohio .-..ce.e5 83% California Pet. --.ccccccseese 32% Canadian Pacifie .--esecceee 147 Central Leather pid. cscs... 66% Cerro de Paseo scvcerececesi. 62 Chandler Motor sweeceeces Chesapeake and Ohio ....-... Chicago and Northwestern .. Chicago, Mil. and St. Paul pta. Chicago, R. Y, and Pacific .... Chile Copper seeseseeseccccce Chrysler Corp. Coca Cola -.., Colorado FUCl ccereveeenswe-o Connolidated Gas 2.2. Corn Products ... Crucible Steel . Du Pont 46 Nemours Electric Power and Light Erie Railroad ... Famous Players Fisk Rubber, - Foundation Co, General Asphalt General Wieetrie General Motors Great North. 1 Great Norther Guif States Sicel .srceces HUGEON Motors s.cececsccenee Milinols Central sccscccesseses Independent O. and G. s.c.se Int. Combustion Eng. sssesee Int. Harvester 2... -sesccsccse Int. Mer. Mar. pfd. scccsscce Int. Nickél ....-.s.e6. eee Kennecott Copper s.scseseoee Lehigh Valley ....s.sy.. sce. Louisville and Nashville 1... Mack Tuck ....s. secs ceceee 162 Marland Ol 2222.0 .00Ioco Mid-Continent Pet. 2. Mo., Kan, and Texas 22.2... Missouri Pacific pfd. ...s... Montgomery Ward 12... Nat. L444 sec se csc cee cecceee New York Central -........04 N. Y., N. H. and Hartford .. Norfotk and Western ........ North American ssscesecescee Northern Pacific ss... Pacific Ol ss.csesssecscesasee Packard Moter Car Pan Am. Pet. “ Pennsylvania .. Phillips Pet. sone Radlo COrp, sacsceccccerconee ROAdiIn® srcccccancecccccapers Rep. Iron and Bteel ......... St. Louts and San Fran. ..... Seaboard Air Line ..42....... Sears Roebuck cesses. 237% New York Sects | PAIN RALLY HALTS SLUMP Prices Turn Upward With Offerings Searce After Weak Opening CHICAGO, Jan. 6.—(7)—Commis- sion house buying in the last part ot the board of trade session today met with a dearth of sellers and hoisted the market four cente 2 bushel above the early low price level Suggestions of probable heavier purchases for Europe dur- ing the remaihder of this crop year acted as more or less of a stimulus and «0 too did reports of better de- mand for flour, Wheat closed strong at le to 2¢ net advance, new style, May $1.80% to $1.80% and July $1.55% to $1.55%. CHICAGO, Jan. 5 = (7) —Wheat quickly showed weakness today, rel- ative strengih of quotations at Liv. erpool Psy’ g falled to bring about any ngerecalve buying here at the Favorablé weather condi ‘a Argentina were reported, and sellimg on the part of leading ommmireion bouses dibelosed that «|Support for the market was poor. On the declines which ensued, & con: siderable number of standing orders to sell out and to Rtop losses at def: inite fixed lmits were forced into op eration. The opening, unchanged to Tee lower, new etyie, May $1,78% to $1.79 and July $1.58% to $1.54, was followed by sonte thing of a rally ahd then by & setback to $1.77%4 for May and $1.53% for July. Subséquently, offerings became searce and traders who wanted to buy found it necessary to bid prices up. . Unfavorable weather In the corn belt, together with the restricted movement of thé ern crop gave firmness to corh alties. Reports, too, were curfent that the redu tion in the 1025 pig erep te being evened up through curtailed slaugh: ter of hogs. After opening at \4¢ lower to “gc advance, May 86% to 8#%o, the corn market scored gains all around, May touching 87%c. Later the corn mafkét was influ- enced largely by the action of wheat. Cort closed whsettied, ye to Ho net higher, May 87X¢ to 87%c. Oats were easy, sympathizing with wheat Weakness. Starting at %¢ off, May 45%¢ oats continued to average lower, Provisions reflected the upward trend of the corn market and of the hogs. Wheat Open High Low Close May, new 1.78% 181% LITY 1.80% Sinélair Con. Oil 2c. 224 | Onto Southern Pacific ...c-eeceerce 102% Southern Ratiway 2. secs MEK Standard Off, Cal. secsecsecre 614 Standard Oil, N. J. sceceseses Stewart Warnet <c.cccsecee nea had Scasevesccorecesen ‘éxas + wa scesscercnsesere: Texas Guif Bulphur ........_ Texas and Patific ...-....60 Tobaced Prodticts ......40..6 90% Union Pacific sssspceescepyee 149 United Cigar Stores 52.20.05 14% U. S. Cast Iron Pipe sosesys. 267 U. &. Thd. ACORN yesseseeese 72% 3. B $1 UBDEF ssencessesscces J, 8. SOO) scccecgecsonsese Wabash Raflway .....2....0. Ward Baking “BY ._sscpeses Westinghouse Bleetrie .2.... 73 White Motor .-..s..psecsl. 86 Willys Overland .2...2....... Woolworth tae eestcce gees Crude Market Salt Creek, 3€ to 36.9 gravity . 1.19 Salt Creek, 87 to 89.9 gravity . 1.87 Rock Creek 1.5 Big Muddy L165 TK Basin sscvccpecce’apessoey 1.90 Creek sas. 1.00 1ANC@ Cre@h sc cccpenseemeege—e 1.90 Grass Creek Nght sciscssepeee 1.00 GPeyDUI scacrceccessncpeqeccse 1.15 POrchUght -.sseseecncceeseses 1.76 Mule Creek <2 ..2-.2--sepenece 1.95 Lander Osage ~ Sunburst Hamiiton ferris BYTON ances eemenweecee 1.51) Notchés ...... Ril Pilot Butte scppedsensend 2.55 Wyoming Oils Quotations by Blas Vucurevieh, Broker. socsen mn 6) } . be Western Pxploration . 2.50 2.76 Consolidated Royalty « 875 $06 Central Pipeline - 56 06 B. T. Wiliams AG Gt Bessemer ssesecgecses sf ad Western States ....-.. 11 as Kinney Coastal . O78 Columbine .s9e0. ay ay TUPILET casero oy a EMKhOrn sege 08 06 DOMINO ssezpscwopeeee 08 06 Royalty Producers 4. 04 06 Sunset 2. seese 00% 00% Picardy Lusk Roy Tom Bell .. Buck Creek Chappell cepee MeKinnje Burke Oil... Riverton Pet. Argo Oll scccsevdgesce 4.06 o Impérial Ol. at Prafie Of) .. a Mountain Produceré cegesery i Salt Creek Producers esresee. 84 Continental ss. New York Ol} ., Salt Creek Con 8. O. Ind... Humble Oi! One On Evt at thé Manhattan Cote and Sallailed. Chicago Prices CHICAGO, Jan. 6.—(U. 8, Depart- ment of Agriculture)—Hogs—Re- celpts, 20,000; mostly 10 to 20¢ high- er than Tuesday's average; kiting pigs, 260 to 50c higher; bulk good and choice 226 to 300-lb. butchers, $11.70@11.90; better 160 to 200-Ib, weight, largely $12.00@12.30; ma- Jority 140 to 150-Ib. selections, $12.35 @12.60; tops, 130-Ib. up, $12.69; 160- th. up, $12.50; bulk packing sows, 39.50@9.85; better grades killing pigs, $12.40@13.00; packing sows, $9.00@10.10; slaughter pigs, $12.26@ 5.00, Cattle—Receipts, 12,000; fat steers steady to strong; yearlings showing strength, killing quality improved; bulk $8.00@10.50; best yearlings, Feavies and medium welght, $11.50; some heavies hel higher; stockers and feeders very scarce, firm; active trade on cows and helfers; fully steady; spots higher; bulls weak to 25e lower; practical top on heavy bolognas, $6.00; outsiders buying choice vealers at $13.60@14.00; packers mostly $12.50 downward, steady, Sheep—Receipts, 14,000; good and echolce light handyweight fat lambs active; strong to 25¢ highet; heavies slow; early bulk better gtades fat lambs, $15.75@16.25; around seven doubles to city butchers and ship- pers, $16.35@16.50; few sales of heavy lambs at $15.00@15.50; feed- ing lambs strong, choice kind up- ward to $18.25; fat sheep, steady: few decks of fat ewes early at $3.50 @.00. Omaha Quotations. OMAHA, Nebr., Jan. 6-4. 68. Department of Agricultufe.—Hoge =Receipts, 15,500; active, 15@26¢ higher; general choice 200 to 800 pound butehers, $11.40@11.60; bet- ter 150 to 200 pound llghts, $11.50@ 11.65; top 160 to 180 pound averages, $11.65; od@ lots 140 to 180 pound sélections, $11.60@11.65; packing sows, $10.00@10.50; bulk all sales, $11.40 to $11.60; average cost Tues day, $11.24; weight, 247, Cattle—Receipts, 7,000; fed steers and yearlings, strong to 25¢ higher; bulk, $8 50@9.75; two loads upward to $10.25; some held higher; she stock, 10@15e higher; bul 26e lower; veal and calves, steady to strong; stockers and feeders, Scares, steady; bulk butcher cows and heifers, $4.75@6.25; heifers, $6.75@8.10; canners and eutters, $3.60@4.25; bologna bulls, $5.00@ 5.60; beet bulls, $5.75@6.50; practical veal top, $8.50; heavy calves, $7,008 8.00, Sheep—Receipts, 6,500; lambs, 2Be higher; bulk fed wool lambs, $18.40 @16.76; fed clipped lambs, $18.50; other classes steady; no choice fat ewes here; saleg fiteced lambs, $15.00@15.65, Denver Prices. DENVER, Colo., Jan. 6.—(. 8. Departinent of Agricultures= Hog: 1,500; very slow, one load $il. somé held high ing sows. Cattle=600; calves 50; fed steers strong to 25c higher; one load aver aging 1,169 pounds §9.60; yearlings up to $10; all other classes générally steady; better grade cows $6.65 to 67; small lots lower grades $6 to $6; hetf: ers $7.26 to $7.60; mixéd cows and heifers $7.10; few bologna bulls $4.50; better grade vealers $12 to 50; stock steers $7.50; feeders $8; load horned stock cows $4.60. Sheep— 1,960; only one load on sale, market nominally steady on i! clagses, late Tuesday 17 ¢ars 86 to | 91 pound fat lambs 26c higher at Prices at Kansas City. KANBAS CITY, Mo., Jan. 6—{U. S. Department of Agriculture)—Cat- Ue — 7.000; calves 1,000; fed steers and yearlings opening slow around May, ol. 1.76% 1.78% 76% 1.78% July --... 1.53% 1.65% 153% 1.55% corm— May c22. 86% 87% 86% TY FWY cece BBM BEM BSE BOT May soce 45% 45% 45% 43% Tily oe. AS 46% ABT AB May oes 1.10% 1.18% 1.40% 1.18 TUF soos 1.00% 1.31% 1.08% 1.11% tere Tan. 22-0096.80 14.95 14.67 14.95 May <42-16.00 18.20 14.77 16.07 Ribs— TAN. caren eres nave osee 18.28 ee, davss eres sate wsen 16.85 a\liew— acre 160 rears CHICAGG, Jen. 6—UP)—Wheat- No. § hard, $1.8401,85%; No. 2 hard, | ¢15, $1.78% 1.82%. Corm—Ne. 3 mized, T8¢; Wo. 3 yellow, 11% @78%c. Oats=No. 2 white, 42X @43%{c; No. 3 white, 42% O43c. Rye—No. 2, $4.05%. Barley—14@77c. Timothy se¢d—$7.25@7.60. Clover eeed—$27.25@ 30,75. Lard=614.95, - Money KEW YORK, Jan. 6a! money easier; high 4%: low 4; ruling rate 4%; closing bid 4%; last loan 4; call 1 aceptances 4; time low ; mixed collateral 60-90 days 4% @4%; 4:6 months 4% @4%; prime merean- tile paper 44 @4%. | Sugar | offered at NEW YORK, Jan. 6—(#)—A fair Inquiry was reperted today for re- fined suger gt former prices which ranged from $6 to $5.60 for fine gran: ulated. Sugar futures closed steady; ap- Proximate sgles 26,00 tons; January, 2.880; March, 2.490; May, 2.52¢; July, 2.68¢; September, 2.740. oa Flour MINNBAPOLIS, Minn. Jan. 6.— P—Fiow ibe lower; family pat- 48,818 barrels, — MINNEAPOLIS, Jan. 6.1e(#)— Fiourife jower at $9.85@10.05 a barrel; shipments Bran, $26.50. Wh 46818 barrels. at--No, 1 northern, $ Corn=No. 3 yellow, 7 Oate—No, § white, Potatoes CHICAGO, Jan. 6.—MrePotatect, tyaqing @6oa; market firm; recelpty 40 cars; total United Btates ship 6 cart; twelve Canadian oa round white $4104.35; few fancy sagt sacked russets 44.200 4.36 = | steady; bulk early nales $8.25@10; | yearlings held higher, better grades | butcher cows slow, weak; other she stock steady; bulk butcher cows at $4,606.26. Fed heifers mostly $7@ $.50; canners and cutters $3.5004.25. Bulls firm, beef bulls largely $5.75@ 6.50; few upward to $7; veais and calves steady: practical top veals $11; few $11.50; stockérs and feeders aré foirly active; fully steady. Pew loads good stockers $8.25@8.40. | Hogs—9,000; active, mostly 16¢ higher, spots up more. Shipper top $11.95 en 190 pound ave es; pack- r top $11.90. Bulk of sales $11.60 @11.90; bulk desirable 186 to 300 poynd weights $11.60@11.90; sorted 180 to 180 pounds $11.85@12. Pack ing sows $10.25@10.75. Stags 68.75 @9.60. Stock pigs strong to 100 high: er; $11.50@12.10, Sheep—4,000; Igmbs ative 10@ 1Se higher; top $15.50; other fed lots mostly $15.10@15.40; sheep steady; top ewes $8.75. Business Briefs | NOW YORK, Jan, 6—M=—The Federal Mining and Smelting com- pany today declared a dividend of $10 on the common stock ang au thorized the payment of seeumula- tlons of $19.25 on the preferred. The sompany also announced that be- ginning January 1, 1996, It had adopted & new policy of paying div- {dendé dn the common ateck of ap- Proximately fifty per cant of eurrent earnings after deductions for all charges, excluding depletion, byt Including preferred dividende. Metals NEW YORK, Jan. 6.~()—Copper ~-Qulet; electrolytic, spot and fur tures, 14M%e Tin—Baty; spot and nearby, $68.98; futures, Gero. Tron—-Bteady; prices unehanged. Lead—Steady; spot, $9.75. Zine—Steady; Kast St. Loulé spot, $8.78, futures, $8.56@8.70. Antimony—Spot, $25.50 _—— —o- | Silver eee New! TORK, Jan, tnlantar att ver Ohio; Memiéan dollars 83\be. ; nd action on pack: STOCKS STRONG WWLATE TRIDING Consistent Buying Brings Upturn After Slump in Early Sales NEW YORK, Jan. 6—()—Stock prices gathered strength after an early period of irregularity in to- day's market. Prices sagged at the opening on the execution of a large accumulation of overnight selling orders, particularly in the motors and the olls, but the strofig resist ance shown by many issues resulted in @ cessation of aggressive short selling before midday. ‘ Lowering of the call money rate to 4 per cent, after a renewal rate of 4%, with funds in the “outside market” avail able as low as 3% and the optimistic character of the weekly trade re views helped to create bullish en- thusiaem in the early afternoon. U, 6. Steel common, which closed at 136% last night was run up to 187%, American Smelting to 140% and American Can to 281% before the end of the third hour. Revival of rumors of an early segregation of Delaware and Hudson Coal proper tee was followed by & 6 point jump in that stock. Cornmefcial Solvents B jumped 7% polnts, South Porto Rican Sugar 5 atid Atlantic Const Line, Pathe Exchange, Pressed Bteei Car and General Asphalt common and preferred moved up 8 to 3% points, Federal Mining and Smelt ing Common droke from 111 to 99% on the traditional “selling on thé g00d néws” following the declara: tion of @ $10 dividend and the au: thorization 6f the payment of arrears on thé préferred, but rallied lateF to 106, 6.—Pi=Reac in evidence at the opening of today's stock mar: ket in continuation of yesterday's Renéfal selling movement. Motors and high priced specialties, Including Mack Trucks, Chrysler, American Can, Généfal Electric, White Motors and Baldwin were con: spitvously heavy, but there wero & few offsetting gains among the cop- pet and southwestern railroad shares, Renewed discussion of inetaer pos sibilities and favorable tie re Ports dtoused active bidding for Wab- ash and Nertolk and Western issues in the first half hout. The Feat of the tall group, however, was sluggish with Bt Paul preferred experiencing & sharp reaction and Hilneis Cen: ttal showing marked heaviness: Sell: ihg pressure inctéased against the Motor shares, the é¢arly losses in Chryrler, Dodge, White and Mack Trucks ranging from 1 to 8 points: Woolworth, Pressed Steel Car and Mathiesoh Alkali joined in the down: ward movement: The spotty appear ance of the market was intensified by & resumption of buying th several specialties, resulting in gaing of 2 to 4 pointe fer Américan Express, Jewel Tea, and General Electric. Foreign exchangés opened firm with sterling fractionally Righer at $4.84 11-16. Individual feeuen, eepectally Pan: American “B," United Cigar Stores, South Porto Rico Sugar and DuPont contintied to exhibit censidérable ‘weakness, But the market in general turned upward when heavy aceumy, lgtion of several public utilities and Various specialties began. A number of shares soid at their Highest figures for @ year or more, Inéluding Co- ee eae and Hlectric, Pressed Car ahd General Asphalt. Com. mercial Baivents ‘'A," rose six points eet TORS OEE pol NEW YORK BONDS NEW YORK, Jan. 5—The ‘oliowing are today’s high, low closing bids of bonds on .he New York Stock Exchange and the tots! shares of each bond. (G. &. Government bonds in dollars and thirty-seconds of dollars) sium, 4.58: Germany, 23.80. _—$—$—$——————————— U. 8 BONDS— (Sales tn $1,000) High Low Clos Liberty 3148 rn 1A 61 99,22 19 20 Liberty | Liberty Liberty 104.24 23 Liberty 100.20 20 Liberty 102 101.30 Liberty 100.29 29 U, &. Treasury 4s-. 103 108 U. 8. Treasury 4%s. -M 52 108.18 13 FOREIGN— Czechoslovak Republic 8s 1952..2A 9 101 i101 Dom. of Canada 5s 195 108% 103 French Republic 7 1-3s. 98 ites Japanese Govt. 6-28 -- 92X ny Kingdom of Belgium 61s rets.. 93% % Kingdom of Norway 6s 1944. 100% % Rep. of Chile Ss 1941_ 108 anaah State of Queensiand 6s. U. K. of G. B. & I. 6% 1937. 8 mE ate eat pees DOMBSTIC— Amer Smelting 52. 72 99% Amer. Sugar 68 -.... 18 108% Amer. Tel & Tel. 5% ~. 19 103% A. T. & T. deb. 58 1960 84 97% Anaconda Cop. 7s 1938 34 105% Anaconda Cop. 6s 1953. 46 101% At, T. & Ban Fe. gen. 4 6 90% Balt. & Ohio evt 4%s. 42 94 Bethlehem Steel con. 68. 25 95% Canadian Pacific deb. 4s. 33 81 Chie. Bur. & Quiney rte 1 108% Chic. MIL & St. P. evt. 4% 84 83 Chile Copper 6s" --.. 73 108% Goodyehr Tire. 8% 1941--...-.N 10 21h Great Northern 7s, A eewcwnesoO 67 110% Great Northern §s......-.-..-P 27 97% Montana Power 6s A. ~s-) B1 100% Northern Pacific rfp. 6s B. 37 108% Northern Pac new 5s & 16 99% Northern Pacific lien 4s T i 86% Pacific Gas & Blee. 58 7 91% Penna R. R. gen 4s. 5 95% Stheiait Con. O11 6s 1927. B 78 112% Southern Pac. evt 4s-. ce 9Ty Union Pacific Ist 4s. SR a 92% U. 8. Rubber 5s - my FP 80 92% Utah Power @ Light Bs... 17 96 Western Untoh 6%s seencenal? Westinghouse Blec TecuuH Bt 106 105% % Wilton @ Co. evt. be. wsuct 8 71 ‘Total sales of bonds ‘ofay were 000 previous day and $16,922,000 a y 70% hin’ 311,498,000, compared with $14,2¢6¢ ear ago. and American Express and Reming- ton Typewriter five. The renewal fate 6n call loans was reducéd to 414 per cent. The closing was firm. Apparently éontent to hold their advantage, con- strtictive operators made no effort in the final hour to push prices to levels which might tempt heavy realizing sales United States Steel and other pivotal issues held sli¢ht- ly bélow the day's top prices, but somé of the specialties, including Consolidated Gas, Underwood Type- writer and U. 8, Cast Iron Pipe moved forward 2 to 4 points, Total sales approximated 1,700,000 shares. pe oes tiannar abies | Poultry CHICAGO, Jan. 6—()—Pouutry, alive, firm: receipts, one car; fowls 25@8lc; springs 81lc; turkeys 30c; roosters 18¢; ducks 25€300; 186, | Foreign Exchange NEW YORK, Jan. 6—(—For- olgn exchanges steady. Quotatalons {* eehte: Great Britain, demand, 484 11-16; cables, 4851-16; sixty-day bills on weese | 4807-16. France, demand, cables, 3.824%. Italy, demand, 4.03%; cables, 4.04. Demand: Bel- Butter and Eggs | CHICAGO, Jan. 6—C%= Butter lower, recélpts 7,690 tubs; creamery extras 48c; standards 42%¢: éxtra firsts 42@42%e; firsts 41@41%e: eo onds 40@40%c. Eggs unchanged; fe- ceipts 6,011 eases, Liberty Bonds NEW YORK, Jan. 6.-Liberty bonds closed: 3448, $99.24; second 48, $100; first 448, $101.23; second 4%s, $100.21; third 4%s, $100.29: fourth 4%s, $101.81; DU. S. government 4s, $106.13, Cotton | NEW YORK, Jan. 6. spot quiet; middling, $20.55. _ Flax. DULUTH, Minn., Jan. 6h= Flax: January, $2.47; February, $2.48%; May, $2.54%; July, 62.54%; March, $2.48%. ——————— * KANSAS CITY, Mo., Jan. 6% —Hay, unchanged. _— The gas used as industrial tye) in New York State in one year would {11 @ tank one mile square ahd twige as high as the Washington mone ment. First THE PHYSICAL SECURIT business stores located on the ty’s business activit on First Street and 1 ene of the finest bu: whezznnine floor proper operates THE ACTUA BEEN IN ACTI Adequate Insurance of Mr. Charles A. bondholders, H —the p 5,000 00 per ye principal. pyoiéetion of the bondholders. Re iperoye City in the State of dings of its kind in the Btate vide about fourteen store room: for general mer $2 guest chambers, all outside rooms and all with private or connecting tile baths, the same being operated by Messrs, Charles A. Snith and Frank J. Turner,—the mortgage securing there bonds being signed by these gentlemen an their resp behind these ware Was In excess of $400,000 00, is carried on the hotel proporty mith, Manager, all of which is made payable to the Trustee for the benefit of the income from the hotel and « which ie more than sufficient to the entire issue several times over and provide ai adequate SI) THESE RONDA constitute a FIRST MORTGAG ure Of this jetue ts thé qulek sérial redtiction of the 1, 1927. We confidently command the security to bo a safe afd desirable Investment * PRICE PAR AND ACCRUED INTEREST TO NET THE INVESTOR FULL We Own, Recommend ani Offer, All or Any Part of $30,000 The Gladstone Hotel (Casper, Wyoming) Mortgage 7% Go'd Bonds DENOMINATION $100—$250—$500—$1000 DATED NOVEMBER 1, 1925—DUE SERIALLY EACH 6 MONTHS FROM NOVEMBER 1, 1927 to 1937, INTEREST PAYABLE SEMI-ANNUALLY ON MAY ist AND NOVEMBER Ist PRINCIPAL AND INTEREST PAYABLE IN GOLD AT CASPER, WYOMING. OR NEW YORK CITY TRUSTEE. THE CITIZENS NATIONAL BANK OF CASPER, WYOMING SECURITY: consists of the Gindstone Hotel and furnishings and a numiber of ener of First and Center Streets, in the heart of the down Dusinesa section of Casper, Wyoming, and is rated among the best properties in the city, beth Bist, Of location and value. This Corner is the nucleus sround which centers a great part of the i , and this block and thoss immediately adjoining are solidly buult up and house the most important business and social Inserests of the City on Center Street, ts hoid in fee iting @f seven full storie’, mozzanine and basement, all of modern, re.inforeéd concrete cons: wet thoroughly fire-prosf, architecturally beautiful In design, and ts the tallest and The basement, ground floor and cantilg purposes, while the Hotel of Wyoming. fm addition to eX hed GLADSTONE HOTEL has shown a steady {ncrease in earnings fram the time that tt waa ned, ns being over $7,000.00 per month or about re roc harge the Wyoming, the loan being about b 7% The Frank C. Evans Company FIRST NATIONAL BANK BUILDING Denver, Colorado If preferred, offers may be Gled with, and deliveries made through, our Wyoming representative MR, A. H. STEWART, Gladstone Hotel, Casper, Wyoming The main building on these ve wives COST of the ground and bulldines pledged as a DIRECT FIRST MORTGAGE THE HOTEL I8 FULLY COMPLETED AND HAS ‘B, SUCCESSFUL AND PROFITABLE OPERATION SINCE NOVEMBER 1, king Fund for the retirement of During the life of this mortgage, and until all the bonds are pald off, the Trustee hae been Vested with full authority to supervise the administration of thix Trust, come from the entire property must be turned over to the Trustee each month for the benefit and E on the tallest building In the Jargest and most 50% OF ACTUAL VALUE. A atrong debt every etx months, berinnine November This corner, fronting 140 fest lots ig the 4. Ife $75,009 of jnsurance on the maximum interest paymént on and the full arose in-