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— oa THURSDAY, JANUARY 28, 1926 D AILY Oil and Financial News SPRAY: SS. YE REY RRM Che Casper Daily Tribune TRIBUNE State Include Oil Company CHEYENNE, Wyo., Jan. 28.—Ar- ticles of incorporation have been filed with F. E. Lucas, secretary of state, by the following organiza- tions: Wallace-Chevrolet, Inc., of Sheri- dan. The capital stock of the com- pany {s $50,000. The directors are A. H, Slichting, Guy W. Peeler and M. H. Wallace. Commodity Trade News Tobacco LANCASTER, Pa. — The prevail- ing price for Lancaster county 1925 crop of tobacco {s 12 cents a pound. Growers lost money on crop at 12 cents, Lumber PORTLAND, Oregon—The West Coast Lumbernien’s association mills last week manufactured 78 million feet of lumber, sold 108 million feet and shipped 87 million feet. Groceries CLEVELAND—An expansion pro- gram which started last year Is to The Utah-LaBarge Oil company, a Utah corporation, qualified under the Wyoming statutes. The entire capital stock of this company, $300,000, ig invested in Wyoming. Geuel Walton, Evanston, is Wyo- ming agent of the company. Mrs, Dora McGrath, Thermopolis, has been appointed as agent for the Amorican War Mothers, a corpora- tian, be continued by th by the Wi William ” Bd wards company, “rge wholesale grocery house here. The company has acquired the Forbes Chocolate company of South Bend, Ind., and expects to acquire some additional stores to Increase the outlet for its canning factory et Madison, Ohio, Fibre Board LAUREL, Miss.—Work is © being speeded up on the new million dollar Plant of the Mason Fibre company, which will make fibre board. The mill will be ready for Installation of machinery in the near future. MARKET GOSS ‘Gates dividend of 75 cents on common, — Ame Locomotive declared regular Wearterly $1 common dividend. Commonwealth power and sub- ‘Wélaries report for year ending De- bember 31 income of $5,036,363 after @epreciation, against $4,547,905 in 1924. Omnibus Corporation earnings for @ine months ending September 30, 1925, were equal after preferred dividend to $1.34 a share on com- mon. Bank of Australia reduced dis- bount. rate from nine per cent to eight per cent, Northern Pacific December net operating income was $2,259,503, against $2,375,714 in 1924, American Tobacco declared regu- lar quarterly dividend of $2 on com- mon and common “B" stocks, pay- able March 1 to stock of February 10, Bank of England discount rate unchanged at five per cent. Stock Exchange commission on stock list announces that in future commission in considering duplica- tion for lists of securities will give careful thought in matter of voting control in case of corporations which have two classes of stock simflar in all respects except that one has voting power. Railway Steel Spring for eleven months ending November 30 had net- income of $2,167,887 after charges and taxes. American La France Fire nine for ten months ending October 31 had net profits of $580,784, after charges and taxes. Blectric Boat for nine months ending September 30 reports net in- come of $174,917 after expenses and taxes. Blkhorn Coal for 11 months end- ing November 30 reports net Income of $231,577, after depletion, deprecia- tion and estimated federal taxes, Syndicate headed by Kuhn Loeb has purchased $30,000,000 B. & O. bonds subject to approval of I. C. C. and offered in market for 99%. See | Stock Opinions By Hill-Weaver & Co. Block Maloney: Would refrain from buying at this time and favor sales on small rallies for the present, Among rails we favor Southern Pa- elfie in particula: Noyes & Jackson: On reactions we believe high-class investment stocks and specialties not already over-exploited should be purchased. Hornblower & Weeks: We see no reason to change our previous ad- viees to trade ‘lose to the market not even the steel Gividend and earnings statement which were in line with our forecast are likely to disturb the market beyond what Is normally called for in the way of reaction following three days of ad- vance. Joseph Thal & Co.: A constructive position in the market {s stl! war- ranted, but would not permit sent nt to leap forward aggressively. Divorimination is again essential, pending further developments. —— | Poultry | CHICAGO, Jan. 28.—()—Poultry alive, firm; receipts, 2 cars; fowls, 16@28c; springs, 29c; turkeys, 35¢; roosters, 20c; ducks, 30@32c; st 100, . ——— NEW YORK, Jan, 28.—#)—Re- ‘ined sugar was unchanged today to ve points higher, owing to the Ligh- - nes of raws, Last prices ranged $5,380 to $5.40 for fine granu- ea with a fair inquiry reported. Business Briefs JACKSON, Miss.—A new depar- ture in the lumber industry of the south is seen in the purchase of four steel vessels by the Finkbine Guild Transportation company, to bring California redwood logs to Mississ- Ippl. mills for manufacturing pur- poses, BOSTON—Mayor Wicholson of Boston proposer a $5 to $10 fee for automobile parking in Boston, to be paid annually by anyone who parks here at any time. The plan is to place part of the burden on subur- ban motor owners who use Boston streets for parking purposes. ATLANTA, Ga.—The Georgia gas- oline tax for 1925 ylelded $4,403,411, which went into highway construc- tion. Further gains are predicted for 1926. BEAUMONT, Texas—The Mount Lee re-discovery in the old Spindle- top field here, which came in at 5,000 barrels has increased its flow to 6,000 barrels daily. CHICAGO—Packing house busi. ness during the last week was not so good. Unseasonably warm weather during most of the time had a weak- ening effect, both on beef and pork. Smoked meats, however, held up well at firm prices, FRESNO — Within a few weeks final payments are expected to be made to members of the Sun Maid Raisin Growers’ association sn 1923 and 1924 pools, thus putting this co- operative organization on the best financial basis it has experienced in several years. A total of $760,000 has been distributed to members this month on the 1924 crop. ‘ FORT WORTH—Snows and rains far above the seasonal average since January 1, assure the Texas wheat frmer a normal crop, if rust does not interfere. Moisture is ample to carry wheat and oats to maturity. JANESVILLB, Wisconsin—Grassy slopes of southern Wisconsin are supplying about 256,000 sheep annu ally to the Chicago Ivestock market after starting in a small way a few years ago. Oil Summary By Hill, Weaver & Co. Lago Pete has brought in a well in the Ambrosia field flowing 12,000 to 15,000 barrels a day and proving up @ new section Pure Oil started work on a new refinery at Muskogee, capacity will be 9,000 barrels a day of which five thousand barrels will be handled through two stills and 4,000 by cracking units. | Foreign Exchange { NEW YORK, Jan. 28,—Foreign exchanges steady. Quotations in cent Great Britain, demand, 486%; cables 486%; 60 day bills on banks, 481%. France, demand, 3.75%; cables, 3.75%. Italy, demand, 4.03; cables, 4.03%, Demand: Belgium, 4.54%; Ger many, 23.80. ny | Metals Se NEW YORK, Jan. 28.—()—Cop- per, dull; electrolytic spot and fu- tures, 14 asked, Tin, easy; spot an¢ nearby $61.12; futures $60.62. Iron, steady; prices unchanged, Lead, steady; spot $9.25. Zino, ensy: Bast St. Louis spot and futures $8.00, Antimony spot $22@22,60. —— Flour | MINNEAPOLIS, Jan, 28.—)— Flour, unchanged. Shipments 47,037 barrels. Bran, $26.50, | Silver NEW YORK, Jan. 2) silver, 67%; Mexican dollars, 61%. Allis Chemical and Dye American Can American American American American American American American wecacenenn-e-- 193 Locomotive .. Sm. and Ref. -~.. Sugar -... Tel. and Tel, ... Armour of Ill, B «. Atchison Atl. Coast Line .... Baldwin Locomotive Baltimeore and Ohio Bethlehem Steel menenaa: California Pet. ~--....------- Canadian Pacific -.....--..-- Central Leather pfd. soa... Cerro de Pasco -. Chandler Motor Chesapeake and Ohio ~ Chicago and Northwestern -. Chicago, Mil. and St, Paul pfd. Chicago R. I. and Pacific 55 Chile Copper --. a4 Chrysler Corp. ......--.--. 48% COCA COIR nnnnnannecesennnnen 50 Colorado Fuel --.--....----. Consolidated Gas -...-...---. Corn Products .. Crucible Steel --...... Cuba Cane Sugar Dodge Brothers “A” Du Pont de Nemours ... Electric Power and Light, ctfs, Erie Railroad Famous Players Bisk Rubber -. Foundation Co. ~. General Asphalt General Electric General Motors . Great North iron Ore ctfs. — Great Northern pfd, -.... Gulf States Steel .........-.. Hudson Motors ....-.-0----- Tilinols Central ....-...--.-. Independent O. and G. ..-.. Int. Combustion Eng. -.-... Int. Harvester -... jenna n= Int. Mer. Marine pfd. -.-.-..- Int. Nickel -... teen enna n= Kennecott Copper -..-------- Lehigh Valley -..---------- Louisville and Nashville -.-.. Mack Truck ~.-----.------- Marland Oil ~.----.---e0----= Mid-Continent. Pet. ....-----. Mo., Kan. and Texas ..---.-. Missouri Pacific pfd. ~....--- Montgomery Ward .......-.. Nat. Lead annnnnenpenccc-ooe New York Central - N. Y., N. H., and Hartford -. Norfolk and Western -...... North American -.......-.-. Northern Pacific -..—...---. Pacific Of] ..n-cnesveccssecen Packard Motor Car ..--.-.--, Pan. American Pet. B -.... Pennsylvania Phillips Pet. «.. swannennnen= Pierce Arrow Motor Car -... Reading ~.....--. Rep. Iron and Steel oo St. Loufs and San, Fran. ~~ Seaboard Air Line Sears Roebuck ~. Sinclair Con, Of] -..-------.-. 21% Southern Pacific ~..-..----- 110% Southern Railway ~....--.-.. 113% Standard Oil, Cal, -.....---.. 56% Standard Oil, N. J. ---ss----- 43% Stewart Warner ....-.-... 86 Studebaker eeweennnnnnnne 539% TexAg CO. -nnnnvennancnn----- 52% Texas Gulf Sulphur -......-. 126% Texas and Pacific -....-..... 97 Tobacco Products eanen= 97 Union Pacific oocensancn 146% United Cigar Stores .-....... 86 U. 8. Cast Iron Pipe ....-... 197 U. 8S. Ind, Alcohol ....-----. 64% U. 8. Rubber -.-...nneennee- 86% U, 8. Steel -.-----nnvceennnee 183% Wabash Rallway -.....--.-.. 49% Ward Baking B -... ewenee 82% Westinghouse Electric -..... 72 White Motor .. Willys Overland Woolworth wavennene= 208 Wyoming Oils Quotations by Blas Vucurevich, Broker 208 Consolidated Royalty Bldg. Western Exploration . 2.50 2.65 Consolidated Royalty . 9,00 9.60 Central Pipeline .. 55 60 B. T. Williams - 20 ae Bessemer - Western States - Kinney Coastal ....... Columbine Jupiter . Elkhorn Domino ...... Royalty Producers ... Sunset Car and Foundry - 111% MeKinnie Burke Oil oe Riverton Pet. .....-.. 2.75 2.85 Argo Of] ---,---2c-n-s 4.00 5,00 Curb Stoel Imperial Oj1 37 Prairie Oil wane BBG Mountain Producers... wee 24% Salt Creek Producers ... Continental .... New York Oil Salt Creek Consolidated «. 8. O. Ind. .. Humble Ot Ohio Oil Crude Market: BY HILI-WEAVER & OO. Salt Cregk 3f to 36.8 gravity . Salt Creek, 17 to 39.9 gravity — Rock Creek — od Big Muddy mt Elk Basin . 9 Cat Creek 9 Lance Creek -ameneearennnens 19 Grass Cree) tight Greybull ...... Torchlight .. Mule Creek ---------cnnceneonn Lander WOROEEAS ackceSnknnne dahube Hamilton Dome .. ..... Perris -...-.09+-. Pilot Butte -.-..-..--.------- WHEAT VALUES SCORE ADVANCE Downturn at Opening Offset by Aggressive Buying for Eastern Houses CHICAGO, Jan, 28.—()—Rapid upward swigs in the price of wheat today were accompanted by suggestions that severe cold weather had caught much of the winter wheat crop minus a sufficient blan- ket of snow. July delivery repre- senting wheat still in’ the ground was relatively stronger than May which stands for wheat already in store. The corn market was also affected by the cold wave, some Gealers looking for lessened receipts of corn as a consequence of sub. zero temperatures. Wheat closed firm, 2%sc to 2%c net higher, corn %c to %c up, and oats at %e gain. CHIC Jan, 28.—P)—Despite downturn at the opening today, wheat values quickly scored an ad- nee. Aggressive buying on the part of the houses with eastern con- nections was largely responsible for the strength which developed. To a considerable extent the fresh buy- ing movement appeared to be based on trade estimates pointing to a Possible deficit of 53,000,000 bushels in world supplies of wheat at the beginning of the new crop year and to likelihood of great exhaustion of stocks in all countries. The opening 4c to le lower, May new $1.72% to $1.73 and July $1.49% to $1,494 was followed by a rise to well abo yesterday's finish. Corn and oate were firm, sympa- thizing with wheat. After opening unchanged to %c up, May 84%c to S4%ec, corn reacted a t rifle, and then ninde material gains. Oats started unchanged to \%e off, May 44%c to 44%c, sagged some- what further and later showed a slight advance all around, Provisions were weak, influenced by lower quotations on hogs. Wheat— Open High Low Close May, new 1.72% 1.76% 1.72% 1.75% May, old. 1.70% 1.74% 1.70% 1.73% July 149% 1.58% 1.49% 1.52% Sept. 1.40% 1.44% 1.405% 1.43% Corn: May 845% 85% 84% 851%, July 37% 87% 87 87% Sept. — 88% 89 38% 88% Oats— May 44% 45 44% 44% July 45% 45% 4B 45 0G Sept. .. 430 (43% 43 43% Rye— Rye— May -..-- 1,06% 1.09% 1.06% 1.095% July ...-- 1.06 1.08% 1.06 1.08% Sept. ---- 1.02% 1.05 1.02% 1.0414 Lard— Jan. - 14.97 15.12 May ~. 15.82 15.50 Ribs— Jan. -. 16.12 May . 16.30 Bellies— Jan. —nes 6.87 17.05 CHICAGO, Jan. no sales reported. 28.—(P)— Wheat. Corn No. 4 mixed 73% @t4c; No. 4 yellow 14@76%c. Oats, No, 2 white 42% @43c; No. 3 white 42% @43c. Rye, No. 1 $1.05@1.05 Barley 65@68c. Timothy seed $7@7.70. Clover seed $27.25@31.50. Lard $15.12. Ribs $16.25. Bellies $16.87. ENGINEERING COMPANY SUED FOR DAMAGE 10 SHOSHONE POWER LINES CHEYENNE, . Wyo.,' Jan. 28,— Suit has been filed in U. district court here by A. D. Walton, U. district attorney, against the Rus sell Kimball Engineering company, Casper, for damages amounting to | $821.08 | It is charged in the complaint that | the compan. thre nh the careless ness of its workmen, destroyed sec. tions of the government power and telephone lines leading down Sho- shone canyon from the power plant situated in the canyon. The damage {s said to have been committed when the company was fulfilling a contract with the state highway department, near Cody. Potatoes CHICAGO, Jan, 28.—()—Pota toes, practically no trading account weather; too few sales to establish @ market; receipts, 56 ca total United States shipments, 4 Sage, ae FORMER GLENDD BANK CASHIER CONFESSES 10 FUND EMBEZZLEMENT CHEYENNE, Wyo., Jan, 28,— Bond tn the amount of $2,500 was fixed for the release from jail of ‘ames A. Carney, former cashier of the defunct Glendo State oank, who was taken to the county jail at Wheatlan’ Tuesday, following his confession (o having embezzled $3, 000 of the oank’s funds. Carney confessed to W. R, Pow- ers, asaistant state examiner, and an audit is being made of the bank hooks to nscertain the exact amount that was embeasied, according to Stanley A Brown, state examiner. A ved here Wednesday y had not been suc- cessful in offorts to turnish the re quired bond, fle ts bound over to the district court for a hearing dur- ing the next term, Livestock Chicago Prices. CHICAGO, Jan, 28.—(U. 8. De- partment of Agriculture.}—Hogs— Receipts, 65,000; fairly active, steady 10¢ lower; Ughtweights show decline; bulk good and choice 160 to 190 pound averages, $12.85@ 13.10; few 140 to 150 pound selec- tions, $15.15@13.25; top score 160 pounds up, $1 130 pounds up, better to 225 pound largely, @12.80; bulk » 310 pound butchers, $12.16 3 sows mostly, $11.00 able killing pigs, $13.25 heavyweight hogs, $11.00@ um, $12.10@12.90; Nght, Hight lght, $11.85@ sows, $10.80@11.35; $15,00@ 13.50. eipts, 11,000; good to steers, active, 10¢ to spots up; supply e; comparable grades of year- 8 x advance; lower grades w, about steady; 1,411 bullocks to shippers, $11.60; $10.50@11.25; she stock, bulls, strong to nas, $5.35 @5.75; lower, mostly most 200 $12.60 @11.25. @13.50 cking rigs, pound few few i slow; of lat lambs to pack to weak; bidding quality of less de rier in week; no of feeding lambs; few fat ewes, steady at $8.75@ Omaha cenoene OMAHA, rime to 1bc t hogs mostly her classes, ac- tive, steady higher; bulk 160 to 200 pound lights, 25@12.50; top, 200 75 pound butchers, $12.00@12.25; 270 to 325 pound weights, $11.80@12.00; pack- ing ow $10.50@10. Catt ipts, 4,500; fed steers and generally steady; spots shipping grades; bulk, medium weights, $10.15; she slow, ste: to kK; bul! vealers, c to 50c higher; stockers and feeders, scarce, steady; bulk butcher cows, $5.00@6.25; few weighty cows up to $ heifers mostly $7.00@8.25; canners and cutters, $4.00@4.65; bologna bulls, $5.00@5.95; practical veal top, $11.00. Sheep—Receipts, 12,000; lambs, 15c to 25c lower; early bulk fed wool lambs, $13,50@1 ; best Nght lambs held elightly over $14.25; shee lower frable weight fat feeders, dull, arly sales. City. 3 CITY, Mo., Jan. 28.—(U. s. tment of Agriculture) — Cattle—3,000; calves 500; fed steers and yearlings steady to strong; spots shade higher; good 898 pound year- Jings $10; lweavies $9.75; bulk offer- ings eligible to sell at $8@9.50; she stock slow stendy, bulk butcher cows $4.75@6; few upwards to $6.50; canners and cutters mostly $3.65@ bulls steady, vealers and calves steady to strong; choice veal- ackers $12@12.50; stockers ers scarce, around steady. 8 — 7,00 uneven, steady with Wednesday's average; spots shade higher on Nght hogs; light lights 10¢ to 15e higher; ship- per top $13; on 180 pound aserages; mostly packer top $12.90; bulk of sales 15@12.90; goed to cholce 170 to pounds $12.70 to $12.95; 285 to pounds $12.15@ ; sorted 130 to 160 pounds $13@13.25; packing sows $11@11.60; stags §8.75@9.60; stock pigs 10c to 15¢ higher $12.50@ 13.40. Shoep — 3,000; lambs desirable weight steady to strong: weight kinds dull and lower, top $14.95; others largely $13.75@14.25; 98 pound arrivels $13.20; odd lots of sheep steady. Denver Market. DENVER, Colo., Jan, 28—(U. 8. Department’ of Agriculture.)—Hogs —Recelpts 4,500; 24 loads direct to packers; five cars through to Call- fornia; dull; mostly 16 to 25¢ lower; pot off less; top @12.70 for light load; other 162 to pound heavy loads down to $12 packing sows steady $10.25@10.50. Cattle—800; calves 200; steady; tew yearling steers $8.25; fat heifers $7.60 to $8.50; cows $5.25 to $6. nners and cutter $3.15 to $4.25; cholce veals mostly $13.00; stock cows $5.00; stock heifers $6.00; other classes practical- ly lacking, Sheep—2,700; opened active at 250 lower on fat lambs; closing dull; two londs 87 to $9 pounds fat lambs $13.75 freight paid; one load 87 pounds $13.75 flat; shéep steady; one load @5 pound fat ewes $8.25 flat; two loads 105 pounds $8.10 flat; load medjum 114 pound ewes $6.76 with 5 out at $4.60. Noted Railroad Builder Is Dead PALO ALTO, Calif., Jan. 2 —Charles Payson Treat, 79, railroad and canal builder and asso. late of C. J. Hull, Chie: original wner of Hull House, at his home here today Treat achieved engineering fame principally as the promoter of the uncompleted Nicaragua canal, which was to ha aided in opening that country to ation and settle ment. In order to give the canal its greatest effectiveness he was com- pelled to construct # railroad across t! Grey Town swamp in Nicaragua, a tremendous engineering feat, ph seeds «apa. Money NEW YORK, Jan, 28.—()—Call money, stqady; high 4; low 4; ruling rate 4; closing bid 4; offered at 4%; last loan 4; call toans against accept. ances 344; time loans, steady; mixed collateral, 60-00 days, 4%@4%: 4-6 months 4%@4%; prine mercantile paper 4% @4% — eis Drink Hillorest Water, Phone 1151, on reports of stiffening commodity prices while revival of merger and recapitalization rumors infused new strength into a number of ial ties. Rails were rather slow in respond- ing to the publication of unusually favorable preliminary 1925 earnings reports of some of the larger sys tems. The Southern Railway shows nbout $16.17 earned on the common spe last year as against $12.30 in 1924 and the Baltimore and Ohio shows about $12.01 in 1925 as compared with $9.19 the year before. NEW YORK, Jan. prices continued to ward course at the day's market with Steel resuming its les 28.—(P) follow Stock an up opening of to- United States udership, of the advance. Buying of other stocks was diversified but particularly ef- fective in the oil.group, where the demand embraced the Standard Oil of New Jersey and California, Mar- land, Sinclair and Pan-American issues. Short covering in the motor shares, coupled with renewed bid- ding for the specialties, gave addl- tional impetus to the upward move- ment in the subsequent dealings Definite trade news of a favorable character was lacking but reports of er dividends and prospective merger developments played a part in the demand for the motors and other industrials. New high records were established by Texas Gulf Sulphur and National Biscuit. For eign exchanges were shaded at the opening with demand _ sterling juoted at $4.85%. Scale buying orders were met af ter the market had sagged for a while in sympathy with fresh selling of the motors and various special ties. General Motors ran off over two points from its early high figure and DuPont sagged four points be- low yesterday's final price, The ability of the st to absorb offerings caused a resumption of vigorous bid- ding up of various specialties to- ward ngon. Call loans were again unchanged at four per cent. pathol A sina Grain Opinions Hulburd Warren: We think wheat will prove a profitable sale on ral- Hes. Jackson Bros: Feel the market will be more or less a trading affair, with purchases on the extreme breaks in order, Stein Alstrin: Wheat will need constant support to maintain pres ent price levels in our opinion, Bartlett Frazier: Would purchases to good recessions, ee KING ALBERT [ CHIEF MOURNER (Continued From Page One) len Tuck, the last three special rep: resentatives of Herbert Hoover on behalf of the commission for the re: Net of Belgium, w among the Americans in the cc . The Marquis de V: ar person. ally represented King Alfonso, Car Jinal Bourne of Westminster, ard nal Dubois of Paris, Monsignor Baud rillart, rector of the Catholic instl tute in Paris; Bishop Julen of Arras and Lord Halifax, who represented the Anglican church, followed, ‘The service in the Ste Gudule ca- thedral was most Impressive, The edifice was draped in black cloth, ornamented with silver, The casket waa placed upon a huge éata- falque, at the entrance to the tran- Sept, which was lined by three rows of huge candles, The king was seated on a throne at the left of the altar, facing an. other throne reserved for the papal nunclo in Brussels, Monsignor Mi cara, celebrant of the requiem mass The sermon was delivered in French confine ere by the dean of Brussels, Monsigrior Hvrard, who extolled Cardinal Mer. cler’s life and work, the cournge with which he faced persecution, and his ardent patriotis The body is being taken hack to| Malines this afternoon and tomor row the interment service a be] held In St, Rambaut's cathedr | WASHINGTON HALL TO HAVE DANGE TONIGHT True to its p t form the weekly Thursday night ¢ ico at Washing ton hall bids fair to be one of the really popular events of the week The square dances conducted at Washington hall last evening drew a large crowd of enthusiastice step pers, and as tonight's dance caters to an altogether different group, it should be fully as popular, Bohn‘s orchestra will come through with the harmony and should score their usual hit, Frequent bus service Is available between practically any corner of Casper and the North Cas per location of the dance hall, = PAGE SEVEN Stocks and Grains M van RR K [: S || STOCK PRICES. «| NEW YORK BONDS | NEW YORK, Jan. 27.—The follo wing are today's high, low an¢ closing bids of bonds on the New York Stock Exchange and the total shares of each bond 2 (U. 8. Government bonds tn dol imrs and thirty-seconds of dollars) ~ U, 8, BONDS— (Sales in ¢ High Low Close Short Covering in Motors | Liberty ' -1A 100.4 100.1 76 ed } Gives Early Impetus to Liberty ; Liberty Bull Trading Liberty 1 } ——— Liberty ) \ NEW YORK, Jan, 28—P)—Stock | riberty } prices made further recovery in to: rie 4s day's market, which was featured B. ‘Treasury’ 4 33 by a resumption of pool opgrations 8. Preawuity 44s... 69 107.11 in & number of food, chemical, farm FOREIGN— Implement, copper and public utility | Geechosiovak Reput Ti 101 100% 101 issues, Easy money rates continued | Hom or Canada 6s i ; 103% ee 103% to provide the ground work for the | wrench Republic 7 1-38. 98 97m 98 advance. The ready absorption of! y.oonese Govt. 63 ; the offerings of short traders helped | kingdom of f um 6%6 93% to revive waning bullish enthusiasm. | iineaom of Norway 68 1944 101% 101% Sugars and oils gathered strength | fen of Chile 8% 1941 atts | 108% 108% State of Queensland 6: Hu U. K. of G. B. & L. 5%s 1 -1 454 5 10 DOMESTIC— Amer. Smelting 6s.. 3A tr. & T. Anaconda Co; Anaconda At! T. Balt. Chic. Bu Chic. Chile Co; Goodyear Tire, 88 Northern 7, Great Great Ni Montana Northern Northern Northern Pacific C Penna R. R. Sinclair Southern Pac. Union Pacific Ist 4s. U. S. Rubber 6s 2 Utah Power & Light 5s Western Union 648 ' Westinghouse £ 19 t 106% 105% Wilson & Co, cvt. 66. Tota 968,000 previous da & San Fe, & Ohio ovt. Bethlehem Steel con. Canadian Mil. deb, 6s 1 a Cop. 6s, Pacific deb. 43 & Quincy rfg. & St. P, evt. pper 6s . rl. 6s % A orthern 6s. Power 65 Pacif Pao. new Pacific Hen 4s. jas & Elec. 5: gen. 4} Con. Oil 63 1 evt. 4s 1 sales of e 000. ago. compared with $12. 4,000 a year TAX FEBRUARY 10 (Contintea From Page One) Income less than $10,000—$67, 000,000; of $10,000 to $100 of $100,000—$300,000,000. Those who have high incomes ch year,” he continued, “must a contribute any tax saving toward (Continued From Page One) Investment in industrial enterprises, reacting to benefit all of the people,|the Inst roll call, 40 Republicans and an additional tax contribution to | and 36 Democrats voted for Amer the government must result in sub-|can membership. Fourteen Republi sequent years from the correspond-| cans, two Democrats .and the one ing increase in corporation earnings |farmerlabor senator yoted in the and dividend distributions; those | who have large incomes for the first rid court was created un- time in their —that is, incomes ele 14 of the covenant of the fayor of repeal of both provisions. Senator King of Utah, one of the BILL VOTE democratic memberg of the commit- tee submitted minority report opposing repeal of the two pro- visto: SENATE VOTES ir no apparent effect, however, and on in excess of $100,000 ure certainly ‘oe of nations and under plans making a proper contribution to the | drawn in 1920 by a commiasion of government under a law that obliges | jurists of which Elihu Root was a them to turn over one-fourth of] member. Forty-eight nations have thelr profit in the form of taxes,” | entered the court, which passes on Advocating repeal of the provision | international disputes and whose allowing publicity of tneonte tax | opinions are binding only when the payments, Senator Smoot lared | nations involved consent. it of little value because vious ations qualifying Amer- means +of making false returns |ican membership stipulate mainly which could be corrected after pub-| that this country {s to acquire no Meation. ‘The treasury 1, “has | le fonship to the league; that been unable to trace any additional | it may at any time withdraw from tax receipt from the fact of pub- | the court, and ‘hat the tribunal shall f Melty not touch upon any subject involv- Defending the repeal of the| ing the United States without con- estate, or inheritance tax, the com: | 8¢nt. mittee chairman declared “it wou — seem quite proper at this time for | (NTERNATIONAL the federal government to withdraw | JURISTS GRATIFIED, from a field of taxation which is so| GENEVA, Jan, (A)—Inform fundamentally and naturally within |¢d by the Associated Preas of tho the peculiar province of each. in te's ratification of American ad. dividual state’. ‘ence to the world court, George The constituts Is tax," Wi m announced the news iple t yunt inharitas Senator tax f erat, Mi committer Senator majority v4 's session of gaged in y of international: law 1 will vast! sof the court : prin- | at the e of jurists en te n a cx titng 4 uncement ¢ un, titi I pits ts CUAMBERLAIN AND and he de-| BRIAND ARB PLEAS st in inher io ‘AR 18, Jan. —#)—"The action ke the 1921 | of United States senate in ap: all inhe pre adheston of the Americ time the pendi ernment to the permanent t rather than hig ae ational justice, is a r o 1924 vos | tt v ent.” was t pata nd | Joint declaration of Premier Briand it dead,” | and Sir Austen Chamberlain, the eatin: would hf a retary after thet a ‘ this mor on diplo: 1 | matic questions cluding the o | Rhineland ‘upation. “Let u it is only the ft t French state t to xi relief ed Mir Austen e erhaps it ie more prudent not to + WWOSMENT WON gn : t le Saasib In vivocueh'o'die’ | BY MILLER AFFIRMED tp April CHEYEN Wyo., Jan, 28—The ni ' 1 Mdgment of tho district court of t thore r do- | Natt punty in the case of H, 1 tor | Mill the New York Oil ¢ H ) uny, In whieh Miller was 4 relieved of all judgment in. the 00 Ml, and t | 0 attorne was af venue on h 15 tor | 1¢ Wyoming supreme ) in , ¢ t ' handed tin lay | —_— _ 1 support ¢ » of | —— - 1 ei Butter and Fags _ | on t re erit c I a9, Jan, 28.—(#)—Dutte t {4e; standard t este, MIM Gp 4de; fleete l r t be nan t | 4. 9@4lc replied that a. In ees, un 4; receipts, 1,7 of the committee voted in | cases,