FRIDAY, MAY 30, 1924.
Oil .. Finance ;; Bonds :: Stocks :: Grain :: Livestock :: All Markets
WOOL TRADING STILL
DULL N BIG MARKET
Manufacturers Slow to Purchase and Offer
Little Encouragement; Trading in
West Continues Erratic.
BOSTON, Mass., May 80.—The
Commercial Bulletin will say Satur
day
"Business continues dull for the
most part here and prices are. If
anything, a bit easier, manufac
turers are not disinterested In wool
but they are buying little and offer
little encouragement to wool buyers
based on the goods situation.
"In the west the buyers are
operating in a • desultory sort of
w.y, with prices more or less
erratic but in most sections rather
lower and buyers withdrawn In not
a few cases.
"The foreign markets are without
material change as compared with
a week ago. prices being now ad
justed more or less to the bases
established in London.
"Mohair is steady on moderate
demand."
The Commercial Bulletin will pub
lish the following quotations:
Domestic: Ohio and Pennsylvania
prices: Delaine, unwashed, 52c; half
blood combing, 51052 c; three eighths
blood combing, 48& 50c.
Commodity Trade News
Coal
SCRANTON, Pa.—Coal produc
tion in the.anthraclto fields will fall
off this week as miners will gen
erally quit work today, ascension
day, or Memorial Day, and few will
work Saturday. Most of the miners
will corte here June 30, for the un
veiling of the John Mitchell monu
ment.
Electrical Equipment
PHILADELPHLV—The Philadel
phia Electric company has ordered
two 50,000 kilowatt turbo generators
for Its new power plant on the
Delaware River. The station will
be built in thee sections of 200,000
kilowatts each and will be In opera
tion before the end of 1925.
Shoes
AUBURN, Me.—Shoa factories
here are operating at capacity
again with orders on their books
sufficient to assure steady produc
tion all summer.
Automobiles
DETROIT— Retail sales of Willys
Overland cars last week amounted
X rs TODAY AND TONIGHT
u/ GRAND OPENING
CASPER’S NEWEST PLAY GROUND
Q//wI DANCING bathing
A / wW SLIM BRANDT AND HIS IN THE REMODELED POOL
/ 7 ' J DE LUXE ENTERTAINERS 400 DRESSING ROOMS
W RIVERVIEW PARK
ROLLER RINK, RIDES AND CONCESSIONS J
ROADS NEWLY GRADED FREE PARKING SPACE FOR YOUR CAR LAI
Casper-to-Mills Bus Leaves Second and Center Streets Every 15 Minutes ~ T-fr
Michigan and New York fleeces:
Delaine, unwaahed, 48®49c; half
blood, unwashed, 48@50c; three
eighths blood, unwashed. 47048 c;
quarter blood, unwashed. 45®46c.
Wisconsin, Missouri and average
New England: Half blood, 46@47c;
three eighths blood. 45©46c; quarter
blood, 48045 c.
Scoured basis: Texaa, fine. 12
months, >1.27 01.30; fine, 8 months,
11.1201.15.
California: Northern, >1.2501.80;
Middle county, 11.1001.15; southern.
>1.0501.08.
Oregon: Eastern No. 1, staple,
>[email protected]; fine and F. M. combing,
>1.2001.23: eastern clothing. >1.120
1.15; valley No. 1, >1.1501.18.
Territory: Montana, fine staple
choice, >I.BO 01.32; half blood comb
’lng, >1.2001.23; three eighths comb
ing, >I.OO 01.02; quarter blood comb-
Irg. 87090 c.
Pulled: Delaine, >1.30 01.32; AA,
>1.2501.28; A supers. >1.1001.15.
Mohair: Best combing, 75 080 c;
best carding, 55 0 70c.
to 7,365. The total this year to
date amounts to approximately 10.7
per cent more than that of the cor
responding period of 1923.
Oil
TULSA, Okla.—Mid-continent re
finers have failed to curtail crude
runs to plants as much as the situa
tion demands, according to many
authorities. Last week In 144 re
fineries 1,521,131 barrels of crude
and 156,763 barrels of seml-reflned
oil were run to «tllls producing 24,-
142,816 gallons of gasoline. 5,066.-
475 gallons of kerosene and 29,312,-
741 gallons of gas and fuel oil.
Lumber
SEATTLE —Lumber production
in tho Pacific northwest continues
to decline and practically all mills
and timber camps have suspended
operations. Night work In practi
cally al! mills has been suspended.
Livestock
KANSAS ClTY—Trade In horses
and mules has been limited tho last
week because of small supply. Ten
carloads were bought and shipped
out two to Missouri, two to lowa
and one each to Massachusetts,
New York, Pennsylvania, Michigan
and Illinois and Texas.
FORT WORTH—The movement
of livestock from West Texas to
other states for stacker purposes is
now at its height. About 11,000
head of cattle a month are going to
other states, principally lowa, Kan
sas and Illinois.
Tobacco
PHILADELPHIA Cigars are
still In good demand at local fac
tories, but with decrease of employ
ment, the demand has turned from
high priced to medium priced
brands.
Vegetable Oil
ATLANTA—The Southern Oil
company, a subsidiary of the Vir
ginia-Carolina Chemical company. Is
to be reorganised as an independent
concern, provided satisfactory terms
of sale can be arranged with the
Virginia-Carolina company, accord
ing to Atlanta and Savannah bank
ing Interests.
Steel
PITTSBURGH—The Sharpsville
furnace will blow in all of Its fur
naces next week. The concern Is
understood to have contracted for
coke at >3.50. Consumption will be
approximately 12,000 tons per
month.
Bailroad Equipment
ST. PAUL—Three thousand ad
ditional refrigerator cars are being
purchased, built and rebuilt by the
Great Northern Railroad, thru the
Western Fruit Express company
which operates the Great Western
refrigerators under lease.
Textiles
CLINTON, Mass.—The Lancaster
mills her "have added 1,055 looms to
the 600 already in operation. This
has raised the output of the mills
to 7 per cent of capacity.
Standard Oil Stocks
Anglo 15% 16
Buckeye 63 64
Continental 40 42
Cumberland 131 134
Galena, 57 68
Illinois 136 140
Indiana 90 91
Nat. Tran. 23 22%
N. Y. Tran. — 74 76
Nor. Plpo 85 87
Ohio OH 60% 61%
Prairie OH 212 214
Prairie Pipe 102 102%
Solar Ref. 193 195
Sou Pipe 95 98
8. O. Kan. 39% 40%
S. O. Ky 106 107
S. O. Neb. 240 243
S. O. N Y. 3.8% 38%
8. O. Ohio 292 295
Vacuum 60% 61
S. O. Ind. 56% 56%
? ? ? Wyoming Motorway 7 7?
Che CaßDcr ©aflp Crfbune
NEWS AND QUOTATIONS BY LEASED WIRE-
UPHEAVAL SEEN IN
DRYGOODS MARKET
Revival of Demand for Cotton Goods Is Held
Probable; Cloths Now Being Bought
And Sold by Speculators.
BY J. C. ROYI.E
(Copyright 1924, The Casper Tribune)
NEW YORK, May 30.—An up
heaval of the dry goods market in
the next, few months, which would
affect practically every user »and
wearer of cotton goods would not
surprise some well Informed experts
closely connected with the textile
industry. Already there Is some
evidence that cotton clc‘hs are
being bought and held for specula
tive purposes much in tho same way
raw Cotten is being handled by trad
ers. It Is understood that the ma
jority of this trading is being done
by men prominent in dealings in the
raw staple who are carrying their
Ideas as to the coming crop a step
further into the goods market.
Their belief that a revival of de
mand for cotton goods is not far
off is based on the fact that the
goods prices aro below the relative
level at which raw cotten can be
purchased through contract markets.
Prices of raw cotton, they soy, are
more likely to increase than dec'lne
as tho season goes on and picking
approaches, owing to the poor start
the crop received this spring and
tho ordinary vicissitudes of the wea
ther, insect pests, and foreign buy
ing.
Many cotten men believe the gov
ernment crop estimate to be Issued
next Monday will place the condi
tion and probable yield even lower
than the private reports already
made public, owing to the unfavor
able weather which has prevailed
since the latter were compiled.
One of these forecasts, usually ex
tremely accurate, placed the con
dition at 66.6 per cent of normal,
which compares with a five year
average of 69.8 and a ten year aver
age of 72.8 per cent. The indicated
yield with the present condition and
acreage figures used wns fixed at
11,210.000 bales. This estimate prob-
Oil and Gas Prospectors
Permits Issued By State
Oil and gas prospector’s leases re- I
cently granted on state land are :
shown as follows:
Grace McDonald, Newcastle, a’l of 1
section 14-47-63.
George W. Bates, Cheyenne, SE% t
NE%. SEHBWH: SE% of section
ably will be lowered materially as
• the season advances and the plants
reach the stage where the weevil is
damaging. Labor seems sufficient
In most sections, but hot. dry weath
er is regarded as essential.
Curtailment of the cotton cloth
1 mills Is drastic in some sections and
It Is indicated that the number of
spindles active at the same time dur.
Ing this month will fall well behind
the 81,871,665 reported for April. If
this curtailment Is continued, it may
mean that the mills will have very
light stocks on hand in the late sum
mer when the trade needs goods for
i fall. It is to meet that demand
that the speculators have been buy
ing up the production of the Amer
ican mill*. With the shortage,
next fall, raw cotton men say would
probably give the foreign mills an
opportunity to gain a firm foothold
in American markets since foreign
manufacturers already have bought
one million more bales of American
cotton this year than last.
American cotton mill men are not
agreed ns to the reasons for-the sit
uation which all admit is unsatisfac
tory from the standpoint of cotton
goods. Some attribute the dullness
to "dumping" of foreign cloths on
this market and advocate an ad
vance in tariff rates to check this
tendency. Stewart W. Cramer,
chairman of the executive committee
of the American Cotton Manufac
turers’ Association, placed special
stress on tho spread between the
prices asked by manufacturers and
those asked by retailers.
"The cost of distribution Is frankly
the trouble." he said. "It Is up to
■tho women to study and Investigate
that before there is any real sub
stantial reduction In goods prices.
So long ns women demand the var
iety, quality, credit and service they
are getting, just ao long will the cost
of distribution remain high."
27-18-65; N%; N%SE% of section
34-12-65:
Myron W. Whittemore, Chicago.
HL, BE%SW’4 of section 12-34-84.
Charles S. Hill, Casper, all of sec
tion 16-47-100.
Tom Farthing. Iron Mountain.
NW%NE%; SW%NW%; NE%
SW% of section W%;W%
E% of section
George W. Hegewald, Laramie,
all of section 16-27-101.
Oliver Chambers, Rock Springs,
all of section 36-17-103.
Frank A. Taylor, Cheyenne, all
of section 36-14-100.
A. C. Rlerlcx, San Francisco, all
of section 36-28-89.
Red Desert Oil Syndicate, Inc.,
Rock Springs, a’l of section 36-23-96.
Leslie B. Whitehead, Rawlins, all
of section 16-44-95.
Thirty Six Oil company, Kemmer
er, all of section 86-26-l\3.
H. B. Gooch, Independence, Mo.,
all of section 36-15-62.
H. C. Foreman, Worland, all of
section 36-45-93.
Lee Simonson, Thermopolis, N%,
W%BE%. BW% section 36-44-98.
John !•’. Goolt'y, Savery, all of
section 25-13-90.
James Doyle. Denver, Colot, all of
section 36-31-81.
L. A. Miller, Cheyenne, all of sec
tion 16-13-65.
Margaret M. Miller, Cheyenne, all
of section 26-13-65.
S. Helen Weston, Cheyenne, all of
section 16-14 89.
R. G. Diefenderfer, Newcastle, all
of section 36-45-64.
J. St. A. Boyer, Savery, all of
section 36-15-90.
Harriet L. Bond. Cheyenne, E%
SEUNWU of section 1-14 89; BW%;
B%NE%, NE%NE% of section 36-
15-
Francis S. King, Cheyenne, all of
section 24-15-89.
J. L. Baker, Omaha, Neb., all of
section 16-25-88.
Robert J. Davidson, Casper, all of
section 36-33-90.
A. 15. Walton, Cheyenne, all of
section 36-51-101.
M. C. Greenfield. Rawlins, 8% of
section 12-20-81; N% of section 13-
20-80.
F. K. Johnson, Saratoga, N%SW%
of section 22-20-81.
Green River Petroleum company.
Cheyenne, all of section 16-27-113.
L. G. Davis, Saratoga, all of sec
tion 16-18-87.
T. S. Foster, Casper, all of section
16 34-89.
M. A. Boyer, Savery, al! of section
16-
Charles C. Dolan, Dixon, all of
section 36-13-90.
Gilbert F. Hayes, Cheyenne, all of
section 16 26-89.
Mary Brown, Saratoga, all of sec
tion 36-19-87.
Jeanette B. Stiles, Denver, all of
section 36-39-62.
H. A. StHes. Denver, all of sec
tion 36-37-63.
Insane Negro Cuts
Railroad Wires
CHEYENNE, Wyo . May 30.
John McClease. 27, Negro. Is held
here for, inquiry Into his sanity,
following his arrest at Pine Bluffs,
Wy<».. 40 miles east. whl! e ' neng.• <|
In cutting and removing wires of !
the union Pacific railroads block ,
signal system. He had put several i
sections of the system out of com- i
mission before he was taken into i
custody.
CHEYENNE, Wyo., May 30. 1
The condition of W. G. Harris, >
SATURDAY IS SPECIAL DAY
Nice Head Lettuce (large), 2 for2sc
Radishes, 2 big bunches 15
Bananas, 2 lbs ~ " _2sc
Oranges, doz.
Milk, 2 qts ~~~~
Spuds, 7 lbs -‘-11-11-I2Z2ZZ2SC
Fresh Killed Milk Fed Chickens
THE PEOPLE’S MARKET
Rear New Public Market Phone 2627
TRAIN SCHEDULES
Chicane A NeHhwMtasa
No Xrr ”“
No 1:50 p - m - 2 05 P- m -
I.asttxjund—
No. 622
—————— 5:15 p. m. 5;30 p. m.
Chicage, Burllagton a Qulwr
East bound Arri.— -
No. 32 Orlvw Dowrts
No 16 ; 6«O p. m.
Westbouno w *•
Jjo' ?? a m - ’• 0 *• “•
, SALT CREEK BUSSES
3 Busses a Day Each Way
LEAVE CASPER—ARKEON BUILDING Salt Creek
r . m Bnggage and Express o
Called for and Delivered 8 a. m.
u a. m. gait Creek Transportation 2 p. m.
2:80 p. m. Company Tol. 144 Bp. m.
PAGE NINE
State Commissioner of Child and
Animal Protection, who collapsed
from exhaustion while lost tn a
utorm near Laramie, Is slowly im
proving, according to report at
Memorial hospital here. For sev
eral days after Harris was brought
to the hospital his recovery was not
expected.