Casper Daily Tribune Newspaper, January 12, 1926, Page 7

Oil and MARLAND DRILLING IN AT WILSON DOME Result of Lakota Sand Showing in Natrona County Wildcat to Be Known in Few Days; Sinclair in Lance Creek. ape Weheg cs 3 ae yj Results of efforts of the Marlund/ field have led the Sinclair interests Oil company of Colorado to obtain| to acquire holdings in the Lance commercial of] production from the| Creek field of eastern Wyoming, ac- Lakota sand in the Wilson dome, | cording to reports f. m Lusk. A. A some 35 miles northwest of Casper,| Spaugh 1s sald to have leased section will 5e known within the next few | 36-36-65 to the Sinclair company on days. Drilling in has been started|a royalty basis, Both the Argo Oil after setting 8%-Inch casing at bot-] company and the Western States Oil tom of hole, Previous efforts to case| and Land company are also said to off water coming from the 1,400-foot | be considering re-entry into the field. level by underreaming were unsuc:|'The Ohlo, Buck Creek and Conti- cessful. What fs supposed to be the] nental Oil companies are the only Lakota sand was tapped at 1,760] ones active in the district at nresent. feet and both oll and gas rose in vol- ume through a heavy column of water. The Marland test {s the first to find off on the structure and the opening of a new light oll field Is expected as drilling will be continued to lower sands if the Lakota falls to develop a commercial flow. Spaugh Leases to Sinclair. Exceptional showing made by re- cently completed wells and revival of interest in the possibilities of the New Well at Black Mountain. Utah Ol! Refining company has completed its No. 4 tn the Black Mountain ofl field of Hot’ Springs county, Wyoming, as a 800 to 400. barrel well. No. 3 is in the top of the Tensleep formation at 3.400 feet and showing for of! production. The company this year expects to lay a Pipeline from the field to the rail- toad stafon at Lucerne to open the field for production, | Commodity Trade News Poultry company, and this type may replace PORTLAND, Oregon—The poul-|the enclosed type try markets of the Pacific slope never were so thoroughly cleaned up. Practically all stocks are out of old storage and arrivals are not safficient to meet requirements. Prices are higher than for many t years. PITTSBURGH—The regular price k for etructural shapes is 2 cents, al- j though, owing to keen competition, Rubber KANSAS CITY—Local deajera an- ticipate another increase in the price of auto tires of from 10c to 15c, al- though crude rubber is below its Tecent peak. Textiles LEWISTON, Maine—An indica- tion of the extreme depression through which the textile industry has passed is eeen here in decision of the Androscoggin mills to omit its semf-annual dividend.. The com- pany hitherto has never passed a dividend since organization In 1865. It operates 82,000 spindles and 2,400 looms. the 1.90-cent figure has not been allowed to disappear from the mar- Ket entirely. Fruit EL CENTRO, Cal.—The firet win- ter strawberries trom the Imperial Walley sold to California dealers at $8.00 to $3.50 a crate of 12 baskets. Strawberries in California will be- come almost a year ‘round crop this meason, it {5 expected. ‘Tobacco TIOGA, Pa.—The tobacco srowers of Tioga county received in general an average of 9%c to lle a pound for their 1925 crop, Extra choice leat brought 120, © Stone MORRISTOWN, Pa-—The John T. Dyer company has purchased the Pennsylvania and New Jersey prop- erties of the Barbados Stone com- pany, This, it is estimated, will give the Dyer company an output of one million tons of crushed stone a year. > NEW YORK, Jan. 12—()—Bar silver, 63 Mexican dollars, 62%. ———s Stock Opinions By Hill, Weaver and Company Clark Childs—We are facing a per: fod of irregularity in which a con- servative position {s wise. Woolman and company— While some irregularity may be looked for, expect general strengthening trend in list. Livingston and Company—We ex- pect a stronger market in the next few days. Block Maloney— For the present We would continue to sell stocks on strong spots. ‘ MARKET GOSSIP By Hill, Weaver and Company Reichsbank rediscount rate reduc- ed from 9 to 8 per cent. BOSTON—The Boston Blevated railway is experfmenting with dou- ble-decked buses on various routes within this city, operated by the MEXICAN TRAIN ~ BANDITS SLAIN (Continued From Page One) of Yurecuaro. Others walked throughout the night and finally reached Guadalajara. Mr. and Mre. Wynkoop walked till they found a train for Mexico City. They suf- | fered considerable hardship. ‘The other American on the train was a mining man from Pachuca . named Russell. Mrs, C. H, Sharratt, wife of the manager of the Guadala- Jara branch of the Bank of Mon- treal and her five-months-old baby, also were passengers. They arrived at Guadalajara unharmed. Sao denae stag taal ae CHICAGO, Jan. 12.—(7)—Poultry alive steady, unchanged, receipts, seven cars. Western Union November operat- Ing income $1,232,855 against $961,- 432. Pittsburg and West Virginia stock- holders ratify change in authorized common from 305,000 shares of $50 par and exchange of half of 302.431 shares of common outstanding for equal par value new six per cent cumulative preferre Business Briefs NEW YORK, Jan. 12.—(P)—With larger gross earnings {n December than had been anticipated, the forth- coming preliminary statement of the Great Northern Railway for 1925 is awaited with unusual interest. Be- Mef prevails in quarters close to the management that possibly earnings of more than 8 per cent on the stock will be revealed, Cresson Consolidated Gold Mining company reports for year ended on August 31, net earnings equal to 63¢ on $1 par stock outstanding, against 57e previous year, Senate finance committee voted nine to eight to repeal capital stock tax of $1 per one thousand dollars and to Increase corporation tax from 12%4 to 13 per cent. NEW YORK, Jan. 12.—(4)—Mer- ger of the Barnsdall corporation with the Walte Phillips company be- gan to take definite shape today when F. R. Sesser, was elected presl- dent of the Barnsdall corporation to seucceed Robert Law, Jr.. who re- signed after transferring a controll- ing interest to Blair and company, investment bankers. Public offering of a $25,000,000 bond Issue in connec: tion with the merger probably will le made tomorrow, American and foreign power earn- Ings after tax but before interest depreciation, etc., $345,377 against $290,250 In November, 1925, Averages—20 industrials 147.58, off 1.42; 20 rails 112.48, up .17. [ “Grain Opinions | By Hill, Weaver and Company, Stein Alstrin—There was a better sentiment because of the fayorable decision of the supreme court on the tax. BOSTON — The First National Bank has passed the $300,000,000 de- posit mark. This !# the first time any New England bank has reached that mark. The bani Is especially interested in South American trade. MADISON, Wia—The Wisconsin! tutburd Warren and Chandler— agricultural situation js the most! we ao not look for a decisive trend satisfactory cince the war, with until news of some importance pre- Galrymen receiving 20 per cent more | sents a new incentive. for thelr products, with potatoes high tn price and with a large sup- ply of corn, oats and barley.to feed to stock. ‘The tobacco crop also was successful, with prices good. vapeocesintettiinwtapimseans Bartlett Frazler—We feel that wheat will work considerably higher. Jackson Brothers—Purchases on recessions seems logical in wheat, ———————— Cotton NEW YORK, Jan ton Flax. DULUTH, Minn., Jan, 12.—Close flax: January, $2.47%; February, $2.47; Maroh, $248%; May, $2.53; July. $2.83; April, $2.50, ——$—— Drink Hillcrest Water, Phone 1151, 12.—Cotton spot steady; middling, $20.70, *| Rep. Iron and Steel aE BER Financial News Neva Park Stocks Last Sales, Allis Chemical and Dye American Can ages American Car and Foundry —. American Locomotive American Sm, and Re: American Sugar .-.__. American Tel. and Tel. American Tobacco American Woolen Anaconda Copper Armour of Oll., Atchison Atl, Coast Line Baldwin Locomotive -. Baltimore and Ohio —.... Bethlehem Steel Cailfornia Pet. .. Canadian Pacific Central Leather pfd. Cerro de Pasco -. Chandler Motor — Chesapeake and Ohio -.. Chicago and Northwestern Chicago, Mil., and St. Paul pfd. Chicago, R. I. and Paciflo Chile Copper -.. Chrysler Corp. ne Coca Cola -.. Colorado Fuel Consolidated Gas Corn Products Crucible Steel Guba Cane Sugar pfd, ..-.. Dodge Brother “A” Du Pont de Nemours ---.._. Electric Power and Light ctfs. Erie Railroad —_. Famous Players Fisk Rubber 118% General Asphalt General Electric ~.. General Motors Great Gulf States Steel Hudson Motors Iiinois Central Independent O. and G, Int. Combustion: Eng. .. Int. Harvester ----_--.--... int. Mer, Marine pfd. --.... Int. Nickel ......-... Kennecott Copper --...----- 55% Lehigh Valley -.. enwencwe= 83 Louisville and Nashville WW 139% Mack Truck . 47% Marland Oil -.. Mid-Continent Mo., Kan. and Texas ~-..-.... Missour! Pacific pfd. .. Montgomery Ward -.--.-.-. Pint. LAA8) .cackeaciemnesenes New York Central ~-.....-... N. Y., N. H., and Hartford .. Norfolk and Western North American .. Northern Pacific Pacific Of ..-.. Packard Motor Pan. Am. Pet. Pennsylvania .. Phillips Pet. Plerce Arrow Motor Radio Corp. Reading -... St. Louis and San Fran. —-. Seaboard Air Line Sinclair Con. Oil Southern Pacific 101% — 116% Standard Off, Cal. 2.2L. 58% Standard Oll, N. J. --co------ Stewart Warner ~~. Studebaker .2. Texas’ Co, —..-..... ‘Texas Gulf Sulphur -«-—-- Texas and Pacific Tobacco Products ----—-—--. Union: Pacific ~.------. United Cigar Stores ~~... U. S. Ind. Alcohol U. 8. Steel -.. 185% Wabash Railway 62 Ward Baking “B’ 81 Westinghouse Blectrie -.. 73% White Motor -.. 83% Willys Overland 82% Woolworth -... 208% Wyoming Oils Quotations by Blas Vucurevich, Broker. Western Exploration _ 2.50 3.76 Consolidated Royalty - 8.75 9.75 Central Pipeline 5580 BE, T. Williams .... 17% 418% Bessemer ---------s--2 613 14 Western States ... 1 4s Kinney Coastal 07.08 Columbine 05 08 Jupiter --.. 02.03 Elkhorn «. 05.08 Domingo 05 08 Royalty Producers ~.- .04 .05 Sunset 00% 00% Picardy 2 Lusk Royalty . Tom Bell ... Buck Creek .. Chappell -.... MecKinonle .. Burke Oil --.. Riverton Pet. Argo Oll ~. Curb Stocks, Imperial Ol) -~.. 36% Prairie Oi) ----. wane 68 Mountain Producers Humble Ont Obio Ol) -.. Crude Market |: BY IMLL-WEAVER & CO. Salt Creek, 36 to 36.9 gravity . Sait Creek, $7 to 39.9 gravity . Rock Creek Blg Muddy Elk Basin Cat Creek ~. Grase Cree} Mule Creek Lander Osage Sunburst - Hamilton Dome ... Ferris Byron Notches Che Casper Daily Tribune Saket ed TRIBUNE |_ STOCK TREND = —tvevek ISIRREGULAR 22 CHICAGO, Jan, 12.—(U. S. Depart- ment of Agriculture.)—Hogs—Re- Apts, 40,000; tairly active, 150 to Mixed Price Movements Continue in Face of Stif- fer-Money Rates c higher than Monday's best Prices; big packers inactive; bulk desirable to 300 pound butchers, $11.45@11.75; good and choice 160 to 210 pound averages mostly, $11.80@ 12.20; bulk 140 to 150 pound select tions, $12.20@12.40; tops 120 pounds up, $12.25; 160 pounds up, $12.30; NEW YORK, Jan. 12.—P)—Mixed } majority packing sows, $9.75@10.10: price movements in today’s stock) packing so $9 50@10,25; slaughter market reflected the play of oppos-| pigs, 5 @ 12.60. 5 ing speculative forces with major activity on the side of rising prices, Stiffer call money rates and the fn- definite adjournment of the anthra- elte conference without an agree- ment being reached had a dampen- ing effect on bullish enthusiasm. Sears Roebuck broke from 237 to 227 on the traditional “selling on the good news" which followed the announcement of the recapitalization plan. Spectacular advances took Place, however, in some of the other specialties. Nash Motors wes bid up 81 points to 496 and Texas Land ‘Trust soared to 785 on odd lot tuy- Ing, as° compared with yesterday's close of 711. Net advances of 3 to 5% points also were recorded {n the early trading by Savage Arms, Pressed Steel Car, American Brake Shoe and Foundry, General Electric, Mathieson Alkall, Foundation Com- pany and National Biscuit. Selling pressure Increased in intensity in the early afternoon, several of the motors yielding a point or so while some of the hard coal carriers ex- tended their losses to three points. Cattle—Recelpts, 11,000; fed steers, steady to 1fc higher than Monday's average; desirable light heifers show- ing advance; best weighty steers $11.25: no choice yearlings offered bulk fat steers, $9.00@10.50: active: trade on she stock firm; bulls, firm to 15¢ higher; vealers, fully steady at $12 00@13.00. Sheep—Receipts, 18,000; Heht and handy welght fat lambs, strong; early sales mostly, 16.00; some held highe: lambs in narrow demand; practically no early sales; fat sheep, steady: sirable ewes, upward to $9.25: noth- ing done on feeding lambs; country demand narrow. Omaha Quotations. OMAHA, Nebr., Jan. 12.—(U. 8. Department of Agriculture.)\—Hogs —Reeg!pts, 11,000; extremely active packer demand urgent, mostly to 50c higher; bulk 200 to 325 pound butchers, $11.70@11.90 desirable 140 to 200 pound weights. $11.80@ 12.00; top, $12.00: packing sows most- ly, $1025@1050; bulk of cl! sales, $11.60@1190; average cost Monday, $11.0: wegiht, Cattle—Receipts, €,000; fed) steers and yearlings, active, mostly 100 to 1Se higher; bulk, $8.25@9.75; few loads up to $10.25: she stock “and bulls, strong to 15c higher; ve: strong to 0c higher: stockers and feeders, steady; bulk butcher cows, $4.75@6.50; heifers, $6.75@8.00: can- ners and cutters, $3.75@4.50: bologna bulls. $5,50@5,.90: beef bulls, $6.00@ 650; Nght vealers to order buyers, $10.50: odd head up to $11.00: stock- ers and feeders, $7.00@8.00. Sheep—Receipts, 10,500: lambs, steady to 1c lower: bulk fed wool lambs, $14.50@1500; top, $15.10: sheep, steady; ewe top, $8.50: feed- ers, weak to 25¢ lower; feeding lambs, upward to $15.20. NEW YORK, Jan, 12.—()—~With speculative sentiment considerably confused, stock prices pursued an irregular course at the opening of today’s market. General Electric was the only outstanding strong fea- ture at the start, mounting more than three pointe in response to re- ports of a stock split up. Most of the ol! shares were fractionally lower but motors displayed a firmer tone. Motor stocks quickly extended their initial gains and with a num- ber of high priced specialties joining In the upward movement, offerings of other issues began to dwindle. Several mew high records were es- tablished in the railroad group, in- cluding Lackawanna at 153% and Wabash at 48. Equipment and pub- lic utilities stocks also attracted a larger following. U. 8. Cast Iron Pipe, which broke sharply yester- Prices at Kansas City. KANSAS CITY, Jan. 1 (0. 8. Department of Agriculture.)}—Cattle day on false rumors of W. C.| —Receipts, 10,000: calves, 2.000; Durant’s death, rebounded six points | slow: few carly snles fed steers most. and gains of one to two points were| ly; lichter weights, $8509.75, recorded by Sears Roebuck, Consoll-| steady: quality mostly medium to dated Gas, American Can, Pressed ; heavy steers held around Steel Car, Savage Arms, Willys 15 head pound mixed Overland, Postum Cereal and] yearlings, $11.5 stock, fully Tobacco Products in the first half] steady; fed heifers, rd to $8.50 hour, Strength of sterling, for| bulk butcher cows. $ 00: can which a demand rate of $4.85 1-16] ners and cutte 3. 25: bulls, was quoted, featured the foreign ex- changes. .French francs fell five points to 3.77 cents. Selling of railroads, including At- chison and some of the eastern car- riers, which went down one to two points was supplemented by pressure against the motors, chemicals and olls, the entire market showing a receding tendency, after the rally had been carried considerably fur- strong bolognas, upward to $5.75; beef bulls, $6.00@6.50; venls, steady: Packers paying $11.00@1150 for choice grades: medium weight calves, steady: heavies, strong: stockers and feeders. firm: bulk, $7.50@8. Hogs—Receipts, 8,000; fairly ac: tive, uneven, 10c to 25e, mostly 15¢ to 25¢ higher than Mondays aver- age’ shipper top. $12.05: packer top, $11.85; bulk of sales, $11.3011.85; ther, {n a number of specialties. | hulk destrable 170 to 300 pounds, Mack Truck went down to 145%. but | $11.40@12.00; 130 to 160 pounds. rebounded to 148 on the announce-| $11.95@12.20: packing sows, $9.50@ mént of the new $10,000,000 stock {s-| 10.15- stags, $8. 50@9. 00; stock pigs, sue at par, Prices were ascending | strong, $11.50@12.25, briskly again around noon, Wabash Sheep —Neveipts, 6.000; lambs, wolng to 48%, and General Electric] steady; top, $15.15: other fed lots to 347, both new high records, Nash Motors advanced 18 points and Tex- as Pacific Land Trust continued its remarkable advance. touching 735 on odd lot purchases. The renewal rate on call loans was advanced to 4% per cent. mostly, $14.85 15.00; sheep, strong; top ewes, $8.90; others, $8.50@8.75. Denver Prices. DENVER, Colo., Jan. 12.(U. 8. Department of Agriculture.}—Hogs —Receipts, 3.100; 16 loads direct to packers; broad shipping demand; 25¢ to 35c higher; top, $12.00 for part load; other loads, $11.60@11.90; drive-ins, $11,60 to $11 packing sows, about steady, at $9.75 to $10.00. Cattle—Receipts, 1,100; calves, 50; quality plain; run mostly mixed load; generaly! steady; few loads Sugar NEW YORK, Jan. 12—(7)—Bus!- ness in refined sugar today was less active, but withdrawals on old con-; cows, $5.75 to $6.50; heifers, $6.00 to tracta were of fair proportions. | $8.15; few small lots light beef steers, Prices were unchanged at $5.00 to} $9.00 to $9.95; two head bid $10.15; $5.60 for fine granulated. better grade vealers, $12.50 to $13.00; Sugar futures closed steady. Ap-| heavy calv $8.0 stockers and Proximate sales 24,00 tons. January, | feeders, scarce; load feeders, $8.25; 2.83; March 2.37; May, 2.49; July, | few stock cows, $4.00 to $5.00. 2.60; Septembe: 7 Sheep—Rece!pts, 2.950; mostly billed through; fat lambs, about steady, quality considered; load 101 pound fat lambs, $13.85; load 109 pound fat ewes, $8 —_ -—--- Potatoes CHICAGO, Jan. 12.—()—Potatées trading Mght, account cold weather, | Oil Summary | By Hill, Weaver and market steady, receipts 103 -ars; to- tal United States shipments 559 cars: Wisconsin-Minnesota sacked round whites $4.10@4.25; few $4.30@4.35; mpany Demes sroduction of crude oil Wisconsin bulk $4.30@4.40. decreased 12,410 barrels daily for Dil the week ending Janunry 9, com: F - pared with preceeding week, averag: fo} E h ing 1,976,833 barrels of dally pro- reign Exchange duction. Light 1 comprised 142,- 033 barrels of ¢ NEW YORK, Jan. 12—(P)—For- production, de. crease 6 fro: preceeding week tlgn exchanges ‘Irregular. Quota-| “penn bright stock, lubrieating oll, B gaz. | has been reduced half cent a gallon ogy Poa: peated, 485%; I by Pennsylvania refiners eee 485 7-16; 60 day bills on banks) “Washington administration sala . . to regret unofficial attitude of Mex- Pe ced demand, 3.76; cables, lean government toward protest ai A nae against pending le tion regarding 7 Petes Gemand, 4.03%; cables, liana fenure of foreign residenta and Demand: Belgium, 4.53%; Ger- | “°chorations . me many, 23.80. dom points cut that Colom- G vite ° bilan crude oll will be a factor in the Hay. petroleum markets there due to rap. KANSAS CITY. Mo. Jan. 12.~| !dly Increasing output. ; Barley, 67@69c. Hay, unchanged. New Orleans -Mayor Is Dead NEW ORLEANS, Jan. 12.—(@)— Martin Behrman, 61, mayor of New Orleans for his fifth term, died here ‘oday after an extended illnesa, ——_ MINNEAPOLIS, Jan. 12.—()— Flour, 10¢ to 1Sc lower; Yamily patents, $9.65@9.85 a barrel. Ship ments A6,902 barrels. Bran, $26.50. MINNEAPOLIS, Minn., Jan. (P)—Flour, 10c to 15c lower at $9.65 @9.85 a barrel. Shipments 46,902 12.— * barrels. Bran, $26.50. Liberty Bonds Wheat—No. 1 norte {sXe | ‘78%; May, $1.67%; . B yellow, 8014 @84 Ke. NEW YORK, Jan. 12.—-Liberty | No, 8 white, 29@39\e, bonds closed Sis, $90.31; first 44s,| Fiax—No. 1, $2.6002,55. $101.28; second 4%, ; third sro ts 4%s, $100.29; fourth $102.1; | GUY GAY SELLS LIFE INSUR- U, 8. government 445, $106.14, ANCE, Stocks and Grains WHEAT RALLIES IN LATE SALES Australian Reports and Im- mediate Delivery Demands Prove Bullish CHICAGO, Jan. 12.—)—Although wheat was weak and lower early with May down to 12%4¢ under the recent highest level, a strong rally came late today ag a result of in creased buying on the decline. The rally was promoted by better de- mand here for wheat to be delivered at once, stormy weather in Argen- Una and a rdeuced estimate of the exportable surplus in Australia. The cash corn basis was also firmer late in the day, with some grades up Ic. Wheat closed trregular, %e net lower to 4c advance, corn firm, ce to %c up, -and oats virtually un- changed CHICAGO, Jan. 12.—&—Fresh clines in wheat prices began to: as soon as business opened, Weak- ness of foreign markets acted as the chief bearish factor. In addition much notice was taken of an opin. lon from a trade authority that figures had upset theories of United States breadstuff supplies being only sufficient for somo needs the re- mainder of the crop year, it being asserted that the United States is on a domestic basis solely because of price and not scarcity, present or potential Opening quotations, %c to 1%e lower, new style, May $1.73% to $1.74% and July $1.50 to $1.50%, were followed by moderate further setbacks, Corn and outs eased down with wheat. Corn started 4c to Ye off, May 87%c to 88%%c and later con- tinued to sag. Oats started at a shade to %@ ec lower, May 45% to 45\%c, and dis- played but slight power to rally. Provisions were firmer, parallel- ing the action of hog values. de. Wheat— Open High Low Close May, new 1.738% 1.75% 1.73 1.74% May, old. 1.72 1.73% 1.70% 1.73 July 1.50 1.51% 149% 1.51 Sept. - 1.420 143% 142 1.43% Corn— May 87% 688% 87% 88% July .. 90% 90% 89% .90% Sept. -. Ot 02 1 91% Oats— May ABM 45% 455% 45% July .. ACY 46% «46 ABM Rye— May .«. 1.07% 1.07% 1.07% 1.09% July .. 1.07 1.08% 1.06% 1.08% 14.92 15.25 15.62 16,30 16.37 16.87 Cash Grains and Provisions. CHICAGO, Jan. 12,—A)—Wheat— No. 1 hard $1.80%; No. 2 hard $1,80% @1 81%. Corn—No. 3 mixed, 790; No. 3 yellow, 80%c. Oats—No, 2 white, 43743%c; No. white, 42% @43c. Rye—No. 2, $1.04. Barley—64@78c. Timothy seed—$7.50@7.70. Clover seed—$27.25@ 31.25. Lard—s15,1 Ribs—$15. Bollies—$16.37. | Metals EW YORK, Jan. 12, per—Steady; electrolytic, futures, 14 @14X%c. Tin—Firm; spot and nearby $62.75; futures, $62.25, Tron—Stead, e ()—Cop- spot and prices unchanged. Lead—Steady: spot, $9.25. Zinc—Steady; East St, Louls spot, $8.70@ futures, $8.50@8,65. Antimony—Spot, $29.25. Money | NEW YORK, Jan. 12.—()—Call money firmer; high 41%; low 414; ruling rate 44 closing bid 4% offered at 4%; last loan 4%; call loans against acceptances 4; time loans steady; mixed collateral 60-90 days 4%@; 46 months 4%; prime} mercantile paper 44% @4% | ccna sedi BOYS AND GIRLS TODS ARE GOOD AD PREVIOUS AGE, PASTOR DECLARES RIVERTON, Wyo.,° Jan, 12.—Dr. Thomas Winecoff, vicar of the R on Episcopal church, while ding in @ sermon on the sub Ject of “Law and Life,” that tho youth of today is lving “at a fast and furlous rate, declared in epite of the misgivings #0 widely expressed at present his bellef that the boys and girls of the present day ha them just as much of the making of strong men and women of the future as had the boys and girls of the past “Parents, in a large degree, are responsible for present conditions among the youth,” the doctor sald, but expressed the bellef that hope ful signs are visible. “Youth 1s en deavoring to live a fuller and freer Ife, and when these efforts are prop grly guided their worthy ambitions will be realized. “The things that youth does today, frankly, openly and commonly, are probably more shockin~ than in any previous d: Dr, Winecofr deciar- ed, “but boys and girls at heart are probably little worse, if any, than in any other generation—certainly they were no saints in my youth, either.” ed Bryan Memoria] association at Chicago meeting pling $1,000,000 MARK PAGE SEVEN. ETS NEW closing b shares of 11.—The fo! Yq Jan. is on the New ment bonds In doll Liberty Liberty Liberty Liberty Liberty Ist 2nd 4s- lst 4%s td 44s. Liberty 3d 4% Liberty 4th 44s U. 8. Treasury 4s. u. Treasury 4% TOREIGN— Czechoslovak Republic Dom, of C French Rep Japanese Ge Kingdom of Belgium Kingdom of .Norway Rep. of Chile 8s 1941__ State of Queensland 6s- nada 6s Amer. Sugar 6s Amer. Tel & Tel A. T. & T. deb Anaconda Cop. _ Anaconda Cop. 6s 1953. At. T. & San Fe. gen. 4s. Balt. & Ohio evt 4% Bethlehem Steel con. 6s, Canadian Pacific deb. 4s Chic. Burl. & Quincy rtg Chic. Mil. & St. P. cvt Chile Copper 6s Goodyear Tire. 86 Great Northern 7s. Great Northern 5s Montana Power 63 Northern Pacific cfg. 68 B-. Northern Pac new 6s Du Northern Pacific lien 4s. Pacific Gas & Elec. 5s. Penna R. R. gen. 4% Sinclair Con. Oll 6s 1927. Southern Pac. cvt. 4s. Union Pacific Ist 4s- U. S. Rubber 6s Utah Power & L Western Union 6%s Westinghouse Blec Wilson & Co., evt. 6c. Total sales of bonds tofiay were $12,291,000, day and $15,971,000 a year ago. previous NEW YORK BONDS 137 108% 4 97% Wt 97% 61 2 9 95% 17 106 105% os ompared with $6,683,00 DEMOGRATS T0 TIKE TAK FIT TITHE SEITE WASHINGTON, Jar —)—| c ated in mittee jemocratic members of the senate finance com: | mittee will carry their t it for $50,000,000 tax reduction to sen | ate, | In the face of the pending row over the proposal to Increase the to-| tal reduction provided the $330, 000,000 house bill, however, senate leaders of both parties are prepar lowing are today 8 and rk Stock Exchange and the tota lars and thirty-seconds of dollars) H Close 100 99.27 10 100 61 101.25 100.20 100.2 100.30 100.2 102.30 101.81 7 106.19 106.19 17 101% 101% 28 103% 1031 0 the operators have been forced to the conclusion that arbitration is the only feguard, Without this means of assuring production the industry cannot perform the only function for which it exists, namely to supply coal. “The breaking up of the confet r ence ts due to just one cause—the refusal of Mr. Lewis to accept any form of settlement that would bring ssurance of peace to the li n+ du y © operators have been trying t ch a sound settlement based on reason and justice. Mr. Lewis in- sists that force alone shall rule. Until his attitude changes, further discussion {g use WILKES. BARRE, Pa., Jan. 12.— (M)—With the announcement that the peace parley had broken off in New York came the decision of the grievance committee of the Pennbyl- vania Co: company at Pittston to- tng to use every effort to pass the; day to launch a movement to gall bill before March 15, when first {n | out all anthracite mine maintenance come tax installments are ‘ne. Vital rate reducing provisions of | the non-partisan house measure were approved yesterday by the| committee by unanimous votes in| ulmost all instances except on the| Proposals of democrats to Increase the reductions repeal the ad: les, which 9 in surtaxes and to lissions and dues lev: | re defeated on straight party votes. The committee did accept the pro posal of Senator Simmons, of | North Carolina, ranking democrat | on the committee, for repeal of the capital stock tax, but the republican majority voted offset this $94, 000,000 annual reduction by an in crease in the corporation tax from 12% per cent to 13 per cent on taxes payable after next January 1 After the committee had voted down, ten to seven, the democrats Proposal to repeal the taxes on ad missions and dues, It approved an Increase in the admission tax ex- emptions from 50 cents to 75 cents It voted to offset this reduction of $9.000,000 by restoring to the bill two per cent tax on automobile trucks which {t was estimated would to yield 0.000 annually. The house had voted to repeal-the present three | ner cent levy on trucks | Further reductions in the rates on five, eight 1 nt class sigars al com mittee ' 1 the p and occupattc tnxes provided by | the house measure, including the cut in the automobile passenger car tax and repeal of the tires and parts levy on automobile —— GE PARLE [OBAOKEN UP (Continued One) federal price { age fixin Such proposals a r workable nor practicable, and while consum ing time did ne a basis for any = seric thelr in- sincerity shown by Mr. | r t to us tha r| her price of anthra $5 a ton so long as he got what in tion ata fa falr price. | ‘This requires some means of memorial at national capital for the commoner, Ing deadlocks and susper “They have offere to open the mines, pay the old wages and, while production {s going on, submit every Issue in dispute to arbitration. ‘The utmost effort has been made to m Mr, Lewis’ views but he will conse | to no settlement on a basis on which | the industry could reasonably be ex pected to ox | “On the re 1 f past four | years with three ge strikes and | constant threats strike, and the menace of disturbance tn the indus: | try reason of Mr. Lewls' policy men to force the tssue. Resolutions to this ndopted, Lewis, international other union officers. vance committee of district nin ber 1 effect we: president, re and forwarded to John’ L. and The general m- took similar action Saturday night. fellef was general here today that a dete ined move would be made now by strikers to tle up the mines completely. MINE REGION IS DISTRESSED BY NEWS SCRANTON, Pa., Jan. News dispatches from telling of the breaking off of neg tations between the anthracite mi: 12.—Py— New York 0+ ne ers and operatoys had a depressing effect upon thousands of men, w men and chXdren In the hard co; ‘O- aul belt who have been getting food and clothing for charitable org Relief organizations preparations for a larger scale in the strike may continue until sprfn; pSoman Aaa ac Bea SUMMARY OF two izations, will mal President Mine Workers of attempting months throtgh ke extending afd on anticipation that e. | NIGHT NEWS Lewis of the United accuses operators to break up New York anthracite parley by again proposing wage ar itration. dence as re: ek on Peruvians by 400 © which turned into anti-Am eans, ‘rican demonstration, Rubber Association of / begins consideration ew Yorh of plans to combat E » Philippines and elsewhere. 8 Senate fi to inerease corporation levy and h ic itish rubber monopoly by planting trees in Su ance committee votes two per cent automobile truck tax eliminated by how Masked me Nick Williams, negro, with attack on a white woman, from two offi and lynch him, STOCKS BONDS GRAIN MARGIN OR CASH Hill, Weaver & Co. INVESTMENTS Members New York Curb PHONE 3024 Correspondents A. A. Housman, Gwathmey & Co. In Ocala, Fla., take charged /