Casper Daily Tribune Newspaper, January 14, 1926, Page 9

THURSDAY, JANUARY 14, 1926 DAILY Oil and Financial News MILLION - DOLLAR OIL, COMPANY ORGANIZED FOR OPERATION HERE W. D. Weathers of Fargo-Westem Also Heads Company Financed by Eastern Capital to : Develop Poison Spider Lands. “whe articles of incorporation were filed with the Secretary of State at Cheyenr Chicago Oil Compan f $1,000, 000.00. W. D. Weathers, who is president and general manager of the new company, -holds the same position withthe Fargo Western O!! Com- pany, one of the largest producers of black oi! In the State of Wyom- ing. The Chicago Of! Company will take over the 400-acre government lease now held by W, D. Weathers in the Poison Spider and South Cas- per Creek field, which ts practically all proven ofl and gas land and which has three wells capped in at the present time. This 400-acre lease adjoins the holding of Fargo-Western Oi! Cofnpany, today" for eapitalized New York Stocks Last Sales. Alls Chemical and Dye American Can - American Car and Foundry .. American Locomotive ___. Americah Sm. and Ref, American Sugar American Tobacco American Woolen _.. Anaconda Copper Armour of Ill. “B’ Atchison Atl, Coast Line’. 253% Baldwin Locomotive 129 Baltimore and Ohio ~. 93% | Bethlehem Steel _ 49 associated, in fact, they will be op-| C#lifornia Pet. _... 32% erated under the same management, | “®"#dian Pacific +. 138% The Chicago Oil Company will be aj Central Leather pfta. 65% largo asset to the Fargo-Western| C°'ro de Pasco ex. aly. 60% Ofl Company, as it will get to trans-| Chandler Motor _ 47% port all of the Chicago Oti Com-} Chesapeake and Ohio <..._._ 122 bany's oll through its pipe Une at| Chicago and Northwestern _- 77 a charge of 30 cents pet barrel. This | Chicago, Mil. and St. Paul pfa. 19% oil can run without any addi| Chicago, R. 1. 5 tional expense to the Fargo-West-. Chile Copper ern Oil Company. If market ponditions will warrant it, the Chicago Ol! Company will start developing its holdings - the coming summer. Its present olans are to take over other, proven hold- ings in the State of Wyoming, and possibly do considerable wild-catting in, the above state. astern capital, it is understood, is faancing the new company, and the! fs prepared to spend a half. million and' dollars this year in the development the two companies will be closely! of Wyoming oll lands. Fewer Sheep and Lambs On Feed Than Last Year WASHINGTON, Jan. 14.—@)-— Sheep and lambs on feed in the prin- cipal feeding areas of the United States numbered 3,945,000 on Jan- uary 1. the department of. agricul- ture estimated today, the fisure be- ing a decrease of about 160,000 from the same date last year. Corn belt states showed a decline of about 75,000 head with a. total | this year of 1,937,000 animals on feed. Corn states east of the Mis- sissipp! showed a gain of 15,000 and those west of the river a loss of 90,000, Nebraska reporting the heaviest decrease, Far western states showed a de- craese of about 80,000 compared with last year, with Colorndo showing the heaviest loss, 225,000 head, Continental Buys Out * 'Texhoma Oil & Refining A telegram from Wichita Falls, ‘Texas, confirmed the report that the Continental Of! company had acquir- ed the Texhoma Oil and Refining company, whose main offices and re- finery are located in that city. This dispatch sent out by the Associated Press ‘says? lies es “A controlling inferest in the Tex- homa Oil'and’ Refinthg company, one of the largest independent compan- ‘fes in Texas, has been acquired by the, Continental O!1 company of Den- ver, Colo, The consideration, full de- tafls of which were not made pub- tathed lic, ‘nvolves a capitalization of six million dollars, with the transac- tions made on a basis of $1.25 paid ‘on_each dollar of paid in capital. The transfer does not include an outright sale of the Texhoma, as a considerable interest. being re- thé’ former owners. The deal takes rank as the largest ever consummated in Wichita‘’Falls, how- ever, and {s-said to rank as the larg- est olf company sale in the state since the Humphrey Interests at Mexia were acquired by the Pure Oil company several years ago. Steel. PROVO, Utah—The Columbia Steel company here now ts selling over 80 per cent of the pig iron consumed on the Pacific coast. The company’s fabricating plants at Pittsburgh and Torrence, Cal.,. and Portland, are all reported to be active and pros- perous. Electrical Equipment. SAN FRANCISCO—The Pacific Gas and Electric company plans to spend $25,000,000 in construction of new facilities in: 1926. This will in- clude the new Pit River dam and tn- take @nd a 36,000-horsepower plant ut Melones, on the Stanislaus river Cotton. HOUSTON— truction minals for the loadinggand storage of cotton on the Neches river ship channel will-begin within 30 days. Tt will require five years to com- plete the building program. of ter- ‘Textiles. . BOSTON—Plants of the Nashua Manufacturing company “re operat- Commodity Trade News for the past two months business has been on a profitable basis. In the fiscal year ended October 31 last, the company reported a loss of $154, $52 after all charges. Drugs. "PORTLAND, Ore.—In conformity with its development program in the west, the Liggett company, @ sub- sidiary of United Drug, has bought the Maegley-Tichner building for nearly$ 1,000,000. It ts reported the company will establish const head- quarters here, Lumber. WASHINGTON — The National Lumber Manufacturers’ association estimates that lumber production tn the Inst year topped that for any r since 1916 except 1923 and will approach 38 billion feet, Packing House Products, KANSAS CITY—Stocks of pork In storage here now total 22,062,200 pounds, a decrease of 14 million pounds, as compared with this time ast year and 18 millionsless than fn ing at 75 per cent of capacity and January, 1924. [Potatoes _| (P)—Potatoes Ptotal United 15 Canadian; steady; Wis- sacked round whites, $4.15@4.25; Idaho sacked rausets, $4.25@4.50; fa shade higher. Oil Summary | By Hill, Weaver & Co. rd of California called spe da ating of stockholders Feb ruary 10 to consider sale of all com: pany assets to new organization which also will take over all lands, producing properties owned by the company. The new organization will be effective as of January 1, 1926, and will be under management of prosent Standard Ot), Bill for one cent gasoline tax In troduced in New York stato legisla: ture. Holders of Barnsdale “A” and “B" offered right to subscribe at $30 a share for “A” stock in ratio of 1 for 4. Harry F. Sinclair says: “Hurope is consuming more petroleum pro duced than ever before. The Indica- ons are that the oll Industry t# to a very healthy state. We are facing better prospects than in years. 1! also expect higher prices will come mancte, m - ~ in the industry !f consumption fn- creases as it should,” ‘Tidewater Oil, which owns 4 ma- jority of the voting stock of Tidal Osage states it contemplates making no offer to exchange its common stock for non of Tidal Osage oll. Business Briefs JACKSON, Miss,—The cash value of crops grown in 1925 was $732,001 000 more than the 1924 corp, accord- ing to atate agriculture officials. OAKLAND, Cal,—Bullding permits issued in the last year increased ap- proximately 450 per cent as com- pared with 1924 and postal receipts here advanced 150 per cent, accord. ing to the local chamber of com- merce survey. WASHINGTON, Jan, Imports of the United’ States for 1925 were valued at $4,224,225,962 end exports were 4,908,748,2 leaving a balance of trade favorable to the United States of $684,517,297. NEW YORK, Jan. 14—A)—Pro duction of copper by United States mines tn December amonnted to 63,. 178 short tons, “against 67,400 © In November, and 70.819 tn October, the American Bureau of Meta) Statistics reported. The total for 1925. was 841.506 .tons, compared with 798,340 the year before. apr ncaclah nea i Drink Hilerest Water, hove 110), au oe. Colorado Fuel -___. Consolidated Gas Corn Products Crucible Steel Cuba Cane Sugar pf. Dodge Brothers “A” Du Pont de Nemours Blectric Power and Lig! Erle Railread _. Famous Players Fisk. Rubber <. Foundation Co. .. General Asphalt General Electric Great North Iron Ore etfs. — 26 Great Northern pfd. .. 76 Gulf States Steel _ 88% Hudson Motors .. 115% Iilinois Central 119% Independent ©, an 30 Int. Combustion Eng. Int. Harvester ____ Itn, Mer. Marine pfd. Int. Nickel ._.__ Kennecott Copper — Lehigh Valley Louisville ana Mack Truck -...... Marland OM _. Missour! Pacific pfd. ..W... Montgomery Ward Nat N. Y., N. H., and Hartford .. 43% Norfolk and Western - 150% North American 66% Northern Pacific — 14 Pacific Off am 76% Packard Motor Car —.. 40% Pennsylvania 54% Phillips Pet. _ Sy re Plerce Arrow Motor Car 39% Radlo Corp 44 Reading ex div. 87 Rep. Iron and Steel - 59% St. Louis and San Fran, -.. $8 Seaboard Air Line ..-.---.. 47 Sears Roebuck -.... Sinclair Con-Oll —...uc. Southern Pacific ----...-. 101% Southern Raliway ~.-2-.-.-.. 115% Standard Of}, Cal. __.. 58 44% Standard Ol, N. J, ‘Texas Gulf Sulphur Texas and Pacific _. Tobacco Products -. Union Pacific United Cigar Stores U. 8. Cast Iron Pipe U. #. Ind. Alcohol U. S. Rubber .. Wabash Railway - Ward Baking “B" _ Westinghouse €lectric — White Motor —. Willys Overland - Woolworth Quotations by Blas Vucurevich, Broker 208 Consolidated Royalty Bldg. Western Exploration . 2.25 2.50 Consolidated Royalty - 9.00 9.25 Central Pipeline 55.0 E. T. Williams 19 20 Bersemer 1. 12 “4 Western States me 13 Kinney Coastal 07 08 Columbine 06 08 Jupiter .. oe. OL -02 Elkhorn ~.....-----.. .0% 4 Domino on 06 06 Royalty Produce: Ot McKinnie Burke Ot} Riverton Pet. Argo Oil . Imperial Prairie Oil .. Mountain Producers .. Salt Creek Producers Continental ... New York Ott . Salt Creek Cons. 8. O. Ind. Humble Ot) Ohfo Of ... Crude Market | BY HILL-WEAVER & C0, Salt Creek, 36 to gravity . 1.78 Salt Creek, 87 to 39.9 gravity . 1.87 Rock Creel --—-0ene-wena-=-~ 1.75 Big Muddy --~-.~---------~.-. 1.75 Elk Basin wecenenna~n-~ 1.90 Cat Creek ~.-.--.-----------= 1.90 Lance Creek ~----~----------~ 1 90 Grass Creek light 1.90 Grayhill 2. ~cesewcoeseeescowes 1:75 TOFCHUght a.-e-eneeewmvwnne-oe 1.75 Mule Creek -.-------------~- =~ 1.25 Lander ~.. 2.70 OS9GO neon neemnneneneneeee 2.15 Sunburet wes mewweee 115 Hamilton Dome ~.--—--------- 1.06 Ferris Byron .. Notches Pilot Butte meneeanetagescarceee 288 (The Tribune, , Scrubs gas renew Gel: sees Sk aye The, Casyet Daily PUBLIC UTILITY [OdUES STRONG Activity Bolstered ‘by Pools in Day of Irregular Trading per able NEW YORK, © Jan. 14.—P— Strength and ‘activity of the public utility {asues featured today's irreg- ular stock market. It was essential- ly a “specialty” market in which powerful speculative pools: played a major role. Except for the specula- tive following attracted by the rise in the~public-utilities, which prob- ably .was.based_on rumors of in- creased dividends, capital stock split ups-and. new amalgamations, so-ne ofthe larger commission houses re- ported. that public participation was on a relatively small scale. Motors developed recurrent period: of weaknes under the hammering of bear traders, and some of the rails also were in supply, particularly Chesapeake and Ohio., Buying of the power and stocks spread over a broad list with Public Service of New Jersey, Standard Gas and Electtic, Con: ated Gas, North American *Company, Philadelphia Company and Pacifie Gas taking a Prominent part inthe advance. Amertoan Agricultural Chemical pre- ferred extended its gain to six points by the early afternoon, Pittsburgh Terminal Coal to 3%, and Peoria and Eastern to 3. Pullman, Internation- al Telephone, Safety Cable and United States Rea also were strong NEW YORK, Jan. 14.—(7)—Stock prices fluctuated within narrow lim. {ts at fhe opening of today’s market, failings to follow a clearly defined trend. Buying interest was at a low ebb, although a few of the pub- Ue utilities moved up under the lea dership of Public Service of New Jersey, which rose a point to a new high level. United States Stee! mov- ed fractionally higher, but American Can and Sears Roebuck reacted a point each. «> Bidding for various specialties later gave some stability to the mar- ket. although prices generally con- tinued to drift: within a narrow trad- ing area. American Agricultura! Chemical Preferred advanced four points to a new high above 94, on reports of favorable trade conditions and probable action on back diy!- dend. Pullman also reached a new top price at $1.74, and good exhibi- tions of strength were given by Western Union, International Tele. phone, U. S. Realty, American Brake Shoe and Oppenheim Collins. Off. setting these gains were losses of one to two points in Remington Typewriter, Hudson Motors, Radio, Foundation Company, Texas and Pacific and ‘Schulte. Foreign ex- changes opened steady, with de- mand sterling holding firm around 34.85%! Renewed weakness of the motors was disconcerting to. bullish opera tors and realizing in the specula- tive issues caused later syr pathetic recessions. Investment stocks, how- ever, particularly the fire insurance and high priced equipment and pub- lie utility shares were buoyant. Con- tinental Insurance .and Fidelity Phoenix Insurance rose five points, and McCrory Stores “B," Railway Steel Spring, Western Union, Nash Motors, Nashville, Chattanooga and St. Louis, and Oppenheim Collins, 3 to 4 points. Their strength ultimate. ly caused a cessation of selling else- where, the market again tending upward at noon. Call loans renew- ed at 4% per cent Grain Opinions By Hill, Weaver & Co, Hulburd Warren: We think for tho time being it 1s preferable to traet the market as a trading affair. rtlett’ Frazier: We regard the lopment in the cash situation as shadowing all other nows factors » the market. Jackson Bros.: Wheat having had & break of over 13 cents is entitled to at least to more of a rally, —_—— Tribune TRIBUNE rom Livestock | Chicago Prices CHICAGO, Jan. 14.—(U. 8, Depart- ment of . Agriculture)—Hogs, re- celpts 38,000; opened strong to l(c higher than Wednesday's best prices; later, trade slow; most of carly ad vance lost; shipping demand mod- erate; big packers doing ‘ittle; early bulk good and choice, 225 to 300- pound butchers $11.85@12.00; major- ity desirable 160 to 210-pound aver- ages 312.20@12.60; better 140 to 150- pound weight, largely $12.50@12.80; tops 130 pounds up $12.85; 160 pounds up $12.60; bulk packing sows $10.00@10.40; slaughter pigs $12.50 @13.00. Cattle, receipts 13,000: slow, beef steers and fat she-stock, ‘about steady with Wednesday's late de- cline; yearlings most active: killing quality rather plain; best matured steers early $11 well finished |Ught weight steers, scarce; canmtrs and cutters fairly active; steady; edge off bologna bull trade; bulk bo. lognas $6.00@6,25; few strong weight $6.40; vealers fully steady at $13.00 @13.50, mostly to packers; few at $14.00, Sheep, recelpts 21,000; fat lambs, slow; few sales $15.50@15.85; 25c to 49¢ lower; lambs on outside price |woing on shipping account; best j!ambs held around $16.00; feeding | lambs, slow; no early sales; under- tone weak to lower; fat sheep scarce; opening steady; few early sales fat wes $8.75@9.00. Omaha Quotations. OMAHA, Neb,, Jan. 14.—(U. 8, De- partment of Agriculture)\—Hogs — 19,000; steady to 15c lower to ship- pers; medium and strong weight but- hers mostly 15c lower; big packers bidding 2 sales 160 to jound lights $11.90@12.25: top on 160 pounds up: odd lots 140 0 pound selects $12.10@12.20: good and choice 290 to 325 pound butchers $11.75@11.90; packing sows $10.25@10.75; bulk of all sales $11.65 @12.10; average cost Wednesday at $11.91; welght 243. . Cattle—6,000; fed steers and year- lings slow, weak to 10c to 15¢ lower: bull $8.50@9.50; several loads held higher; she stock slow, steady: bo- logna bulls steady to strong: beef bulls dull, wenk to 250 lower; veals steady, Stockers and feeders steady; bulk butcher cows $4756.50; helfers $6.75@8; canners and cutters $3.75 @4.50; bologna bulls $5.75@6; tew beef bulls $6; practical veal top at $10.50; stockers and. feeders $7.50 @8.10. heep—7,000; lambs, slow, steady to 25e lower; decline on weighty offer- ings; bulk fed wool lambs $14.50@ 15; top $15.25; sheep and yearlings strong; 100 pound yearlings $12 desirable welght fat ewes $8@8 top $8.85; feeders steady, other early sales feeding lambs $15. Prices at Kansas City KANSAS CITY, Jan, 14.—(U. 8: Department of Agriculture).—Cattle, recelpts 3,500; calves 700; fed eteers and yearlings, dull; few early sales a barely steady with Wed. late decline; she-stock fair- ly active to strong; bulk butcher cows $4.75@6.00; fed helfers upward to $8.50; canners and cutters $3.50@ 4.50; bologna bulls steady; mostly $5.50@5.75; beef bulls, slow, 10c to le lower, mostly $6.00@6. veal- ers and calves, strong; practical top, veals, $11.50; few up to $12.00; stock- ers and feeders, scarce, steady to weak; country demand narrow. Hogs, receipts 7,000: uneven; ship- per market weak to l(c lower; Nght Ughts 10c to 15¢ lower; packer mar- ket fully steady with their market yesterday; shipper top $12.15 on 190- pound averages; bulk of sales $11.50 @12.10; bulk good to choice 180 to 300-pound averages $11.70@12.15; as- sorted 130 to 160 pounds $12.15@ 12.40; packing sows $10.00@10.50; stags $8;75@9,25; stock pigs steady, bulk $11.75@12.25, Sheep, receipts 5,000; lambs, slow, generally 10¢ to Se lower; top $15.15; other fed lots largely $14.75 @15.10; odd lots sheep, steady. Denver Prices. DENVER, Cok Jna. 14.—(U. S&S. Department of iculture.)—Hogs Receipts, 3,000; 15 loads direct tc packers; one load through to Cal slow slight und medium hts mostly steady; heavy kind lower; top, $12.00 for Nght load and numerous light lights; other 200 McKinnon: Wheat is now in posi tion to respond in quality to any enlargement of foreign demand. —_—_____ Money NEW YORK, Jan, 14.—()—Call money steady; high 4%; low 4%; rul- Ing rate 4%; closing bid 4%4: offered at 4%: last joan 4%; call joans against acceptances 3%; time loans steady; mixed collateral 60-90 days, 4%: 4-6 months 4%: price mercan tile paper 44 @4%. ee ' Poultry CHICAGO, Jan. 14.—()—Poultry alive, weak on hens, steady on springs; receipts, 7 cars; fowls, 23@ 26%; springs, 280; turkeys, 35c; roosters, 200; ducks, 25@30 19¢, —_ FOR KILLING TWO HANGED VANCOUVER, B. C., Jan, 14.—(P) —Owen B. Baker, of Tacoma, Wash., and Harry F. Sowash of Seattle were hanged today for killing Willlam J. Gillig and William G, Gillis, father and son, in a lilacking rald Sep- tember 15, 1924, The execution was in Onkalla prison near here. Charles Morris, of Seattle, also convicted in the case is awaiting removal to the British Columbia penitentiary at New Weat Minster to begin serving a sentence for life, > Tell tho Advertiser—"I saw it In t pound loads, $11.90 to $11.95; heayies down to $11.75; no action on packing grades; talking stead Cattle—Receipts, 1,000; run light show stoc steady; vies, 100; market mostly several loads cows, $5.50 to $6.50; some held above 36,75; heifers, $7.50; canners and to $4.00; few ; good to choice to $13.00, Sheep—Receipts nothing sold early; sentiment steady on fat lambs; inte Wednesday top fat ambs, $14.90. seat itierniaeieroans Stock Opinions By Hill-Weaver & Co. Hornblower & Weeks: We have called attention to the possibilities in the situation and the probability of Wabash strength being communi. cated to other ralls, Pullman, lke. Wise, has been pointed out as an is- sue that may signal the kind of act- ivity to be oxpected in the Indus- trials and steel a9 the beliwether of cutters mostly, bulls, $5.10 to vealers 00 the entire market should be watched closely, because at this particular Juncture the action of steel is Mkely to have an Important effect upon market physocholo, Block Maloney: We would con- tinue to use rallies to sell long hold- Ings as we think they may ba re- placed lower down Silver . NEW YORK, Jan. 14.—(?)—Bar silver 68%0; Mexican dollarn 52%c. “oe GUY GAY SELLS LIFE INSUR ANCE, _ . POLISH TARIFE BOOSTS WHEAT Bullish Factor Found in Re- port of Proposed Ex- port Duty CHICAGO, Jan. 14.— () —Pro- nounced strength developed in the wheat market tod: especially in the late dealings. At tha top, May showed nearly five cents a bushel jump above yesterday's lowest fig- ures. Stormy weather in Argentine was forécast, domestic cash demand for wheat was better and flour trade show improvement, Cc profit-taking depressed corn. Wheat closed firm, 1%c to Sc net higher, corn. %c to %c off and oats at %e %c decline. CHICAGO, Jan, 14.—(#)—An- houncement that Poland is to {m- pose an export duty on wheat acted as a bullish influence today in the wheat market here. The reason was that of late the largest source of wheat supplies for other continental European countries has been Poland. Decidedly higher quotations today. from Liverpool also were a stimulat ing factor, no special upturn there having been looked for. Chicago. opening prices, %c to 1%e higher, new style, May $1.74% to $1.74%, and July $1.51 to $1.51%, were fol lowed by moderate’ further gains, May touching $1.75%. The closing was steady, A sharp reversal of form in the motor shares marked the Inte trading, when a rally of more than four points in Hudson stimul*ted renewed bidding for other issues in this group. Pub: Me utility stocks continued to show exceptional strength. Laclede Gas rose seven points and North Amer- fean and Third Avenue Railway points each. Total sales approx mated 1,600,000 shares. Corn and oats went up with wheat, but later reacted. Opening un- changed to %c higher, May 89%c to 90c, corn afterward sagged to Be- low yesterday's finish. Oats started unchanged to %c higher, May 45%c, advanced a little more and then became easter. Provisions reflected a rise in the value of hogs. Wheat— Open High Low Close May, new 1.74% 16% May, old_ 1 74% May 16.50 Bellies— Jan, aes 16.62 May 17.17 17.10 Cash Grains and Provisions. CHICAGO, Jan. 14.—)—Wheat number 2, hard $1.81%4. Corn num: ber mixed 75% @76c; number 4 yel- low 76% @7%c. Oats number 2 white 43@43%c: number 3 white 42@43%¢ Rye number 2, $1.05%@1.06%5. F Mey 67@77%c. Timothy seed $ @7.70. Clover seed $27.75@31.2! ard $15.27. Ribs $16. Bellies $16.62 ——.—___ ———$— NEW YORK, Jan. 14.—(?)—For- eign exchanges trregular. Quota- tions in cents: Great Britain, demand, 485 9-16; bles, 485 15-16; 60 day bills on nks, 481%. France, demand, 3.72 bles, 3.72 Italy, demand, 4.0314, 4.04. | Demand: Germany, 23.80. = Me <a Rc - | | Butter and Eggs _ || CHICAGO, Jan, 14.—UP)—Butter— Lower; receipts, 5,836 tubs; creamery extras, 42c; standards; 42c: extra firsts, 41@41%c; firsts, AN@A0 Ko; seconds, 39@39%c. | Eggu—Lower: receipts, 9,945 « firsts, « rdinary firsts, Metals NEW YORK, Jan. 14 {P)—Cop: per quiet; electrolytic, spot and fu tures 14%;c. Tin steady; spot and] nearby futures $: Iron | unchanged Antimony spot $24 Sugar NEW YORK, Jan. 14—()—Re- fined sugar wan easier today with prices unchanged to 90 points lower, the list ranging from 5.00 to 5.20 for fine granulated. MINNEAPOLI Flour, unchanged, $9.55@9.85 993 barrels. Bran, 50 Wheat, No. t northern $1,744; May $1.68%; July $1. Corn, No, 3 yellow 79@83c. Oats No. 3 white 39% @39%o, Flax No, 1 $2.49% @$2.54%. i Fiax DULUTH, Minn., Jan, 1—(@— Close, flax: January $2.46; February $2.47%; May and July $2.63\ ee Jan. to 100 a barrel; 4.—P— lower at shipments 48,- $1.7. 2%@ 63%. +31, PAGE NIN MARKETS | __NEW YORK BONDS NEW YORK, Jan. 18.—The fol closing bids of bonds on the New York shares of each bond. Government . BONDS— 3%s . Ist 4 2nd 4s. Ist 4} 2a 4us. Liberty $4 4%s-. Liberty 4th 4\s U. 8. Treasury 4s U, 8. Treasury FOREIGN— Czechoslovak Republic 8s 1952 Dom. of Canada 5s 195 French Republic 7 1-3s. Japanese Govt. 6-28 Kingdom of Belgium 6%s rets. Kingdom of Norway 68 1944 Rep. of Chilo 8s 1941- State of Queensland 6 U. K, of G, B. & L. 6%s 1937. I DOMESTIC— Amer. Smelting 5:-. Amer. Sugar 6¢ Amer. Tel & Tel. 5% ~. A. T. & T. deb. 5s 1960 Anaconda Cop. 7s 1938 . Anaconda Cop. 6s At. T. & San Fe. Balt. & Ohio cvt. Bethlehem Steel con. és, A. Canadian Pacific deb. 4s Chic. Bur Quincy rfg. 5s Chic, Mil, & St. P. evt. 4% Chile Copper 6s ... Goodyear Tire, 88 1941. Great Northern 7s Great Northern Montana Power Northern Pacific efg. Northern Pac new 68 Northern Pacific len 4s Pacific Gas & Elec. 6w. 1A Liberty Liberty Liberty Liberty 4%s_ Sinclair Con. Ol! 68. 1927... Southern Pac. evt. Union Pacific Ist 4s. U. 8S. Rubber 6s ~..-... 1... 48.00. ~E Utah Power & Light 6s........F Western Union 6%s ~ nen ¢ Westinghouse lec. 7s_---..--.H Wilson & Co., evt. 6c.-....---..—1 Total sales of bonds today were $1 bonds tn dollars and thi (Sales tn $1,000 lowing are today’s high, Stock Exchange and the y-seconds of dollar High Low h 100.2 100 n 444 101.24 10122 24 100.20. W.1S 0.98 1 111 100% 109 98% 86% 95% 135 92% 8,000 3,9 ompare previous day and $15,416,000 a year ago. MARKET GOSSIP By Hill, Weaver & Co. Bank of England discount unchanged at 5 per cent rate Car loadings for week ended Jan- wary 2 were 741,239 c: increase of 40,160 over previous week, but de- of from week same Studebaker reduced standard and big six sedans $100, six Mexican trovernment formally has agreed to resume payments under revised schedule on its external debt of close to $750,000,000 and remit- tance In arrears sinee early in 19 are expected to begin forthwith, ac- cording to announcement yesterday by Thomas W. Lamont. Coffee and sugar exchange sells for $20,000, increase of $50 fr previous Park Utah Consolidated mines in- cluding Park City Mining and Smeit- ing for eight months ended August had net earnings of r expenses, depri ral taxes. Calumet Arizona Mining for 11 months ended November 30, 192 had net inc 589445 Tobacco Products for six ended June 30 had net income able for dividends before taxes of $2, 19, Utilities Power a sidiaries for nine months ended Sep. dL cht and sub- temt 608,988 er 30 reports net in after und deprcel in ation ufacturing ‘construction 1 ingot produc auton tly du leun in tion of rity nEDUCTIONS IN GUNTY FORCES (Continued From Page One) dan increase in the force to al size Wednesday Mis: Agnes Clare, county trea urer, dismissed one employe early this month, but the person was to ne had merely bi a few we eks to a Ineas peric wle Jay, man that h short time hired for th time. ous GAY SELLS LIFE INSUR- vided for the dismissal of two me: from the sheriff's departme: The garage department running with {ts ustial force, : though the instructions provided for cutting off one man. Six men were let’ off the roa and bridges department before the order was made. » man nor Only 01 mpluyed in that department The action by the commissioner: was taken on the recommendation of H. E. Champion, auditor and feal Investigat FAPORT BOUNTY IS URGED AS LIVESTOCK At (Continued Page One) be sold abroad and the higher price j level afforded to’ all.” Tt was suggested by Mr. ( that the tax with which to pay export hounty could be ‘colle the present Internal revenue de |ment and paid to | through that body Speaking on the agricultur tion’ and suggested pe ae the the exporters Carey said that t livestock 1 agricultural’ industrials paid a price for their produce proportion to ncreased standar f living, the © Wages und tho increased costs in other lines of { dustries. He expressed tho that the cattle industry had suf: ssion more because of the war credit facilities t any other sour he dta commerc ditions permits and WASHING President Solvraso of Presented his r araguan cabtr Et 5 Alex Mol | hardt, at Managua red the state a deputy in reek fle epartment today shortly first wi ——.——_— issued ef, PEO} Drink Hillerest Water, Chone Lt rho = Uh aes.