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Great Falls Tribune from Great Falls, Montana • Page 9

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Great Falls, Montana
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Page:
9
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the Great falls tribune Page 9 Thursday, July 10, 1924. STOCKS-MARKETS BRINGIMG UP By Qeorge McManras (Befttcra u. s. rut OtdeU nfs i 0 OIO I I SHOULD Stock Market as seen toy Public Utility Stock Starts Unusual Boom and Sets New Record NC OltiCt TO JCMH THE rHAVX 'MeiU' HA-HZS-HA. 0D YOU HErRTHENEW! eOOT Jl4i iONNAk JOi IS "THE.

NAVY SAY I DID- OlO YOU 'THERES A CATCH I QQ iMTHisoMc- inn VHTC'EVERY ONE I Bf HAPPY THAT I I'M. 4ONNA 6EA c-' A LOy-- 9 HA-HA' I Is Md Bears EVER. HEAR SUCH ooo MONTHS-I'M OELI4HTEO E.W YOU WOULD New York. July 9. Strength and activity of the publie utility issues, more than a dozen ef which established new peak prices (or the year, was the BE TOO! By H.

B. Lake Co. New York. Julv 9. The market wu JT.

strong- In the early dealings today but Jk5at coin '-outsUn TO JOin THE NAVY? what reactionary in the afternoon trad considerable irregularity developed as a result of heavy professional selling. American Water Works common was again the individual feature, Jumping 8 points to a record price for all time at or more than double Us price iwv si. West Penn Power, one of its principal subsidiaries, jumped nearly' ing. Several specialties, however, were very prominent on the advancing side of prices. Quite a little profit taking was observable in many directions today and- it was also apparent that many of the floor professionals were working on the selling side with the idea that a reaction is overdue in the general market.

The oil stocks were again heavy. Selling In this group was inspired by reports of gasoline price reductions and principally by the Oil City Derrick's which showed another substantial increase in production during the week. The Iron Age Review was not aa optimistic in tenor as recent private reports touching on doings in the steel trade suggested. However, there are rather distinct signs pointing to a gradual improvement in the general run of trade. It is on this assumption largely that much of the buying power in the stock market is being stimulated in addition, of course, the demand emanating from investment sources influenced by the easy ruling of money and current rates for accommodation.

We still believe that the trend of stock market prices will continue upward. II III 11 YSKCreat Britain rifhH trv4- i 7 points to also returu Pronounced strength also was shown by united railways investment common and preferred. Independent strength also was shown by a number of chemical and low priced railroad shares. New 1934 high records in these groups were established by the Frisco, St. Louis, Southwestern and Seaboard Air Line common and preferred issues, Erie second preferred.

Southern Railway, Nickel Plate, the Commercial solvent issues. Allied Chemical preferred and Texas Gulf Sulphur. Davison Chemical closed nearly 4 points higher at 52. United States Steel common, Baldwin and American Can all closed fractionally lower. Stvdebaker closed unchanged at 38, after having established a new 1924 top at 38.

American Smelting established a new high price at 66, despite reports of lower red metal prices. Recent strength of the copper shares however, is based on the higher quotations for large quantities of which are mined by most of the large copper companies. Call money held at 2 per cent all day. Time money and commercial paper rates were unchanged in. quiet trading.

Foreign exchange rates held relatively firm with trading restricted pending further developments on the reparations situation. THE GU MPS SAY IT WITH SILENCE SEW YORK STOCKS Y0U V4tA fikX. KUVAl AOUT H0M YHAT We 4M TH SATISFACTION OpnHigh Iowi Clse XSUKG. AHt T0LVUCS C0ULT WRITTEN NVYCCTlON FRJQW OLT YMtR. AVCM UlM 63H 53V41 52 62Vi 41 41 I 41 I 40 OH THE OF- SNFTM A30L "TO RT- fcV TO OF TElUMCi THfcY fct VOHAT THINK OP UlM VVU Yh I V0Te CaET- OV YlMrft.

mam Yo VWM. NH KCH" FYJt? tpcjjiKttaT 116 115 lssmieevsiieeHiiss AJlia Chal Am Beet Sug. Am Can Am Car Fdy. Am Int'l Cor. Am Loco Am Sug Am Steel Fdy tale 2900 300 28000 100 1700 9200 200 900 4800 4300 700 100 22 22) 224 22 75 76 75j 76 44' 44 44l 44 "WINK THE LEA.4JE OF NATIONS A SASE ur rifc OrVVAVHTV AT THAT WHW OUt TlMfC.

GfcYS fc)Y VUS, VOTfc l. YHE 35 35 3S1 33 mv urmvuNft MERfe WOWn "S.y. CENTS 5 Lfc lHWH. MVCVCfcL Date 20 Industrials 20Railroads Am Smlt 661 66 65Vii 66 Am 123 Am Wool Cn.l 72 72l 12W 72Vi Wednesday 96.43 Am Wool Pfd! 89Vil SO'ii 87.83 87.98 86.39 87.98 81.00 Am Zinc I 1 7 Anar-nnH. I Sft I SftUI 29 30 Tuesday 9S.44 Week 95.54 High, 1924 101.24 Low, 1924 90.27 Total stock sales 972,100.

1000 Asso Dry Odsl 97 97l 97 I 97 T1200 At Glf If 1I 20 I 1941 900 Atchlnson 2700 21i 21l 21l 21! 100 Austin Xich 116 1115 1115 114600 60i 60! 59 4000 4 I 46 46 Corn Passes Dollar for First Time Since 1920 Market Season ft 30 441 30 4 Bald Loco Bait Ohio Beth Bosch Mag Butte Butte Sup Calif Pete Can Pac Ry. 30 I 29 4 4 15 22f 22 148ri48 22 I 13! 13 Cent. Leatherl 14 14 47 200 600 '3200 600 300 1000 3200 1900 3500 600 '3366 2100 47 43 14 terro Chan. Motors! 47l 47 CM PCni 15! 15 Pdl 25 I 25 Chile 28! 28 47 14 24 28 83" 24 28 18 83 46 Chino Copper.l Ches Ohio.i 83 Colo Fuel 47 Conti Can 64 53 2200 53 Chlcagro, July 9. Corn jumped over the dollar mark Wednesday for July delivery, the first time since 1920.

Both September and May corn reached the topmost price yet this season. Unfavorable weather, together with current belief that the government report would ehow the corn crop condition to be the lowest ever known was chiefly responsible Corn quotations closed strong, 1 to 2c net higher. July $1.00 and September 96'g97c Wheat finished unsettled lil to lc up, September $114 to $114 to December 117 to $117, with oats at one cent to 1 cents advance, and provisions showing 15 to 35 centa gain Rushes to buy corn began as soon as 83 48 54 34 28 55 30 33! 33l 6200 Corn Pro Refi 33 27'iy00 Cosden Oil 27 54 65 2900 55 30 1 1 1 I a. 14 14 700 300 2400 3000 30 13 60 28 SHOT FATHER i I PERSHING HONORS BRITISH DEAD i PERSHING HONORS BRITISH DEAD PEGGY UDELL SEEKS DIVORCE 61 29 13 61 28 79 Livestock 6600 79 29 I 29 81! 81 244 1245 14HI 14 Crucible St Cub Am Sug. Cu Sug Cn.

Cu Suit Pfd Erie Railroad Fms. Players. Gen Electric. Gen Motors Goodrich Greene Can Gt (I Ore Cet. Gulf Sts Steel 14 26000 14 19 200 30 20 the market opened and the day's last transactions were at virtually the tip top reached.

The fact that temperatures i were somewhat more seasonable failed 11 fii if 63 27 20 63 27 70 24 64 27 71 64 27 71 24 5400 300 2200 800 200 200 Hudson Moto 2m Illinois 23 23 22 Inspiration AT CREAT FALLS Cattle Receipts 44; prime steers 6.50; good steers $53 prime cows and heifers $41 good cows bologna bulls Sheep Receipts 235. Hogs Receipts 30; prices were: top hogs 160 to 225 pounds heavy hogs, 235 to 300 pounds $550, over 300 Fiounds, according to size and quality; ight hogs under 160 pounds and around 150 pounds hogs under 150 pounds according to size and quality. Hogs delivered by wagon or truck 14 cent pound under these prices. Hogs under 140 pounds not wanted. 1 -m 1 to offset persistent rain, especially as rural offerings were scarce, and shipping demand here good.

Before the day was ended, much profit taking took place, but the buying continued to be of surprising volume to the last. Wheat' owed its strength largely to unfavorable crop comment from the Canadian northwest and to assertions that the domestic spring crop was in danger from black rust. Indications of good export business tended also to lift values, despite accurate forecasts that the government report as to wheat would prove bearish. Oats moved up as a result of corn strength and good demand from shippers. Decidedly enjarged buying of pro Tnter Harv Tnter Tnter Paper Intr Callahan Invincible Oil Julius Kayser Southern Kelly Spring.

Kenne Cop Marine Pfd Marland 17 50 3 12 24 20 14 40 36 tt 17 61 3 12 24 2Q 14 40 36 31 71 24 107 23 87 17 49 3 12 23 19 13 40 35 30 20 1 14 17 60 29 6 59 13 17300 3900 700 400 300 1000 1800 3100 3700 3700 '4166 6600 3700 17 49 3 12 24 19 13 40 35 30 "i 14 16 il Miami AT DEMER Denver, July 9. Hogs, receipts generally uneven; fairly active; generally 5 to 10 cents higher; siot suuply ton 6.30. nald for 22 round averages: 14 17 Md States Oilj 1 I 14 Mo Pac Ry 17 Mont Pow Cn! visions was wunessea. Disparity with corn values appeared to be the prin-1 one load other good 1S5 to 230 cipal incentive. pound weights mostly other Mont.

Ward 30 S0! 29 8300 100 2300 400 6300 Mother Lode. National Bis. Nev Con Cop. 7 17(7 60 I 60; 59 13 i 13 13 24 I 25 24 Vfj' Vvtfv Kfrf) 5 vr sr 1 I classes steady; packing sows few i fat pigs stock grade scarce. Cattle receipts 700; fat cows $1.50 I 5.80; yearling heifers steady to 15 cents 1 higher; few loads mixed 847 pound year- lings plain good loads yearling I stockers choice 662 pound Graiim Prices 10 1106 64 64! 63 64 8500 97! i-iav ay.

Cent Ry. No Pac Ry Otis Steel Pacific Oil Pan Am Pan Am 8 8 48 51 Ki ,1 yearling heifers calves steady; TM a Per HndreS Weight better grade vealers $3.50 aged steers hI? ti i Vr enY.tht i W-6: bulls plain stock steers 8 I 48! 51! 50 44! 8 43 62 0 45 49 100 1500 3400 1500 2800 12O0 48 51 49 44 51 10 Choice Drk Northern Spring Must vr Sheep 'receipts run through to 22 be approximately 90 per cent flinty, dry. 62 52 ranges; nothing on sale. 10 10 I 10 Penn Ry Pere Mar Ry. Pierce Arrow.

Phila Co Press St Car. Prod Ref Punta Sliff 51! 49 25400 a. amber Kernels, wltn nign gluten content. Dark Northern Spring, Federal Grade Must contain at least 75 per cent flinty, dry, amber kernels. 49 I 51 50 61 26 26 60 I 50 50 26 50 500 3600 800 1200 Pure Oil 20 I 50 r.

Quotations to noon July 10. unoice DarK JNortnern 400 Ry Stel 1116 Ray Con Cop.l 10 11 10 700 No. 1, 58 lb. 8600 1 No. 2, 57 lb.

50 26 50 Vi 20 116 10 57 10 46 30 85 73 57 58 Reading 56 4 AT CHICAGO Chicago, July 9. Hogs receipts 28.000; generally 10 cents higher from Tuesday's best prices, or 15 to 53 cents higher than yesterday's low point. Cattle receipts all classes fairly active: fed steers strong; spots higher; yearlings and better grades fat she stock strong to 25 cents higher; yearlings showing most advance. Sheep receipts very slow; few fat native lambs early $13.25: around 25 cents lower; culls and native to small kiflers steady; few sales fat ewes steady; most bids on ranse lambs lower; no early sales. Bu.

1.04 1.00 .94 .88 Bu. 04 100 No. 3, 55 lb. test 1700 No. 4, 53 lb.

test 16900 No. 5. 50 lb. test 900 I Dark Northern Spring 500 No. 1, 68 lb.

test 1100 No. 2, 57 lb. test Replogle St Rep St Ir. Island Cn. Island Island Sears Co Sinclair Oil 10 47 30 85 73 85 18 5S 56 34 10 47 31 85 73 95 18 58 34 10 46 30 84 73 95 17 57 34 95 17 17300 i No.

3, 55 lb. test Sta Oil of Cal 1.01 .98 I .92 I .83 Bu. Sta Oil of Ind 57! 3200 No. 4. 53 lb.

test 56 i No. 5. 50 lb. test 34' 1400 I Northern Spring 34l I No. 1, 58 lb.

test Sta Oil of Sita Oil of AT SOUTH ST. PAIL South St. Paul. July 9. Cattle re- 67 66 15000 1 No.

57 lb. 66 93 65 92 re- So Railway So Pac Ry Strom Carbu 4 I ceipts firm; active; calves 2lciDts 25 cents higher. No. 3, 5o lb. test.

No. 4, 53 lb. test. 93 i 3000 65! 800 GENERAL PERSHING Gen. John J.

Pershing, who is touring Europe with an American commission investigating the condition of American graves abroad, is shown before the 'Cenotaph in White hall, London, placing a wreath there in memory of Great Britain's million war dead. General Pershing is soon to retire to pri 65 I 65 I 65 65! 66 1 i I 64 60; 60; 60 Stew. Warner 64 11500 No. 5. 60 lb.

test PEGGY UNERTL, Peggy UnertI, better known as Peggy Udell, former Follies actress, has filed suit in Detroit for divorce from James Conzelman, and made the unique request that financial provision be made for the support of her unborn child. Before she was 17 Peggy Udell had eloped to Elkton, with Jack Montgomery, minor son of a wealthy New York family. He left her after a hurried wedding breakfast in a one-arm short order resetaurant, and the wedding was annulled. Sterling Prod. Dark Hard Winter- Hogs receipts fully If to 15 81 cents higher; some sales 20 cents high-Bu.

er. "25! Sheep receipts 300; fat lambs 25-cents St 8F Ry Z4 60j 100 25 '10000 38 I53SOO 9 I 4O0 38 38 37 9 9 Subrnar. Boat Lying in the Hermosa Beach, Cal hospital with bullet In his chest, Charles Martin emphatically declared that far from prosecuting his son, Pat, 12 years old, who shot him, he was glad the boy had the courage to fire In defense of his mother, whom Martin admitted abusing. 83 i tamhs SI 1.756? 12.75: culls vear. vate life.

9 66 39 32 lings SS'Qg; lights- and handy weight fat ewes $3 5.50; heavies $3.75. No. 1, 60 lb. test No. 2, 68 lb.

test No. 3. 56 lb. test No. 4, 64 lb.

test Hard Winter-No. 1, 60 lb. test No. 2, 58 lb. test No.

3. 66 lb. test No. 4, 54 lb. test 70 39 Tenn Cop Tex Gulf Sul Texas Oil Tex Pac Ry.

7: 6GI 69:14000 8S 38 I 4OO0 32 i 32 1600 S4i 35 200 .78 Bu. .89 .86 .80 .75 -3 34 i 34 FRENCH PROTESTANT PRESIDENT Tlmk Roll Br Trancon 4 I 4 4) 3800 137il37 800 Amber Durum Bu. BOB HAS FATHER'S EYES VET IS HIKER Un Pac Rv Ind Alco IT Steel No. 1, 60 lb. test .92 73-1 71 1 72il7600 100T101ilC0 1100 '24400 AT PORTLAND Portland, July 9.

Livestock, no receipts; nominally steady. AT SPOKANE Spokane, July 9. Cattle receipts 204; market steady; unchanged. Hogs receipts 680; market steady; unchanged. Sheep receipts 59; market steady; No.

2, 58 lb. test. Smlt 90 87 84 78 100 1500 20t) Utah Copper. Vacuum Oil Vanad St Vlr Ch Co. Wabash West ITnion 100 kg-ijBBM 1 1 No.

3, 66 lb. teat No. 4, 54 lb. test No. 5.

51 lb. Durum No. 1, 60 lb. test No. 2, 58 lb.

test No. 8, 5U lb. test No. 4, 54 lb. test No.

5. 61 lb. Flax No. new No. 2 new Rye No.

1, 66 lbs Bu. .82 80 77 74 68 Bu. $1.94 West Electric 3700 2800 '2500 1200 Fioaecial Notes 22 I 2: 22 I 21 29 i 29 28V4! 28 70 70 70! 70V4 I 62 I 22 22 22i 2-j 1 43 43 43l 43 62 62 62 I 62 8 8 8l 9 9 6 7 9 S8 71 71 69 69 97 97 95 96 44 44 43 43 57 65 55 65 64 69 69' 68 68 16 16 42 42 41 42 1.88 Cwt. .82 Bu. .46 9000 Willvs Ov Wil Pack Mutual Oil Conti Oil Houston Cast Ir Pipe.

St Am Hd Lth White Motors Cons Gas Boone Woolen Pfd LOXDOX MKTALS London. July 9. Standard spot 60. 15 futures 61, 15 s. copper 500 9000 54O0 3100 si vj I if $Jr I ft 1 -I if Ok a- vLf 1 I I 1 Electrolytic spot 64, 5 futures 64, 15 s.

Tin spot 22, 1 6 futures 224, 7 6 d. Lead spot 32, 17 6 futures 30, 5 s. fZinc spot 31. 17 6 futures 30, 10 I1CTTKR. EG6S, PRODl'CE New York, July 9.

Butter unsettled; creamery firsts 88 to 91 score) 3840. Eggs firm; nearby and nearby western hennery whites, firsts to average extras 3139. Regular Shell Union preferred dividend. Iron Age says: Shut downs of. both steel producing and steel consuming plants in past week and absence of buying have left trade without any Indications of any new tendency.

In spite of low rate current steel works operations there is little complaint of unemployment. Regular Tobbaco Products dividend. Copper metal selling 12t. Regular Producers and Refiners dividend. Daily average crude oil production last week was 2,019,095 barrels, a gain of 22,863 and highest of the year, according.

to the Oil City Derrick. South Texas was responsible for the increase. Kelly-Springfield Tire company deny rumors of difficulties and asks dealers to report names. of persons spreading reports reflecting on ft. Recent developments In the lire Industry according to those well qualified to speak have proven that the recent reduction in prices was not a wise move.

Price cutting was inaugurated Cheese barely steady. Chicago, Jul 9. Butter lower; Chickens Buy Northrup King's "Sterling" Butter Milk Mash. Saves them, grows them, matures them. For sale by Pullih's Grocery Phone 9415 Cor.

5th Ave. So. 6th St. creamery extra firsts 3838Vi Eggs unchanged. MINNEAPOLIS FLOl'R Minneapolis, July 9.

Klour unchanged: shipments 34,139 barrels. Bran $21 22. NEW YORK SILVER New York July 9 Bar silver 61; Mexican dollars 61. a i i just at a time wnen business in the regular stock tires to pick up. Chicago interests have let it become known that the readjustment of the capital structure of Wilson Se upon which banking and corporation interests have been working, is about ready.

M. 9 LONDON SILVER London. July 9. Bar silver 34 9-16 per ounce. Money 3 per cent.

ROBERT M. LAF0LLETTE AND SON In his son, Robert. Fighti-g Bob LaFoUette, Wisconsin's progressive republican leader and senator, has a perfect image, as to his eyes. This is the first year that the. son has been able to render yeoman service politically to his father in a conspicuous way.

Robert, attends political gatherings, including national conventions, keeps his eyes and ears open, and reports to his daddy thereon, H. B. LAKE 234.238 Fp BulldlBo Great Falls. Mtt Lalno Private Wire From Logan Bryan "UNCLE" GEORGE SHERMAN "Uncle" George Sherman of Cog-glnsville. well known far hit an nual hikes to Confederate veteran re-nions many miles from his home, Is now making a hike to California.

Although 84 years eld, he Is still full ef vigor. GASTON DOUMERGUE Gaston Doumergue, president of the French senate and moderate elected president cf France after the resignation of President Millerand, is thelifirst Protestant ever to hold that office in the French republic. 9TKW YORK KUGAU New York. July 9. Refined sugar was quiet 'and unchanged at $6.707 for fine granulated.

4 Refined futures were nominal..

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