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Times Herald from Olean, New York • Page 15

Publication:
Times Heraldi
Location:
Olean, New York
Issue Date:
Page:
15
Extracted Article Text (OCR)

rt i i WALL A I 1 Vife'have just the right Wall Paper for that Living Room, Dining.Room,. Bed Room or'I We have the-largest collection-of fine-Wall Papers ever, shown under one roof and the price plus beautiful selection will make you happy. Curb Market I Curb Market Bl OTJriap, Potter Co. Opening Today Closing Today (Members New Stock Exc.) Anglo American 22 Borne Scrymser .,208 Buckeyo i 61 Chesebrough Mfg 65 Do Pfd 112 Conf Kitchen Papers 15c to 35e per double roll' Blacks, Tiles, Granite and Marble effects. Make pleasing walls.

Bed Room'Papers Special lot Just received: Pink, Blue. Ivory, Rose and Yellow. 33c per double roll Embossed Tapestry Papers Suitable for the Living Room, Dining Room'and Hall. SPECIAL THIS WEEK ONLY COc per double roll J. A.

Dempsey Son WALL PAPEE ADDS SO MUCH AND COSTS SO LITTLE Latest Financial News Forecast I Cities Ser'v Do Pfd Do Bankers Continental Oil Crescent Pipe Cresson Oil, Cumberland Durant Del Eureka Pipe Galena Signal Oil Do Pfd (new) Do Pfd (old) Gilllland Oil Glen Rock Gulf Oil Humble Oil Illinois Pipe Imperial Oil Indiana Pipe .179 .134 79 67 .100 .108 15 64 71 71 Inte Pete 24 Lago Magnolia Pet 135 Mid west. Oil Mountain Gulf Mountain Prod National Trans New York Oil New York Trans Northern Pipe Ohio OH Oil i Penn Mex Fuel 3S Pennock Prairie Oil Gas 215 62 58 115 182 82 IS 24 12 135' G5 84 81 5S 103 113' 25 63' 45 30 72 7 140 10 67 S5 67 40 Anglo American Borne .207 210 Buckeye Pipe- 62 62 Chesebrough Mfg 56 60 Do Ptd 115 Cities Service Com. ,180 182 Do Pfd S2 Do Bankers -18 18 Continental Oil 24 3494 Crescent Pipe 11 12 Cresson Oil Cumberland Pipe ..140 145 Durant Eureka Pipe 79 SI Galena Signal Oil. 67 60 Do Pfd (new) .100 102 Do Pfd 108 Glen Rock 15 Gulf Oil 65 Humble Oil Illinois Pipe 140 i Imperial Oil Indiana Pipe 73 Int. Pete 2 4 Lago 6 Magnolia 133 Midwest Oil News From Oildom The Department of Justice in vestigatJon into the prices of gaso lino is still iu progress, but there are no new developments.

E. 0. Baotjer and A. Post of Baltimore and Donald-G. Geddes and H.

B. Lake of New York have tendered their resignations as directors of Houston Oil Co. It is understood these resignations are the result of serious differences of opinion as to some of the policies of that board, culminating In a recent Issue of Houston Oil Co. notes. II Patterns Otcan'jt Beat Store Since 1887.

113 25 66 4C 1 142 55 Mountain GuU Mountain Prod National Trans New YorkxOH New York Trans Northern Pipe SV 2 65 S4 I Work on laying new natural gas pipe line by Houston Oil Co. will start about April 10. It Js to be 16. 18 and 10 Inch pipe. Manu- i facturers will get orders for pipe shipment in a few days.

Original 75 (supply ot gas will be 50,000.000 cubic feet daily. Stations to be i built after tiie lino is completed will increase the volume of gas moved. 140 Ohio'Oil Peer Oil Penn Mex Fuel 1 Pennock Prairie Oil Gas 41 23 56 By AV. S. COUSINS New York, April the leadership of the motor shares industrial stocks today opened still wider the gap current prices and the low levels of last week.

Compared with last Thurs'day low prices a score or more of the best known stocks recovered 5 to -10 points while in special cases the gains ran from 15 to 55 points, the last mentioned being In the stock of Nash Motors. The motor stocks have been acquiring momentum for a week. Nash Motors' sensational jump to 340, up 55 points from last week low, was accomplished on a comparatively small volume of sales and is a reflection, of tho expectation of a split up of the stock. -Mack Truck was more impressive in its' steady advance to 139 on heavy trading. Maxwell Motors A stock sold up to 93 on percent at their meeting this Tho stock, which sold as low as 10 1-4 last year and last month, jumped to 63 today for a gain of 3 points from Saturday's close.

Good buying of Studebaker and General Motors sent prices of these stocks to the highest prices for the current movement. Improvement In the oil stocks was also a feature of today's trading. Most of the active independent oils made further gains of a point or two, bringing their total advances from 4 to 7 points over the low of last week. Marland. Mid Continent, Skelly, Independent, Texas Company, Phillips and Pacific were tho leaders.

Delaware and Hudson's ten point spurt to a new high at 155 was in further response to the announced intention of tho management to segregate its coal property, since which announcement the stock has advanced 21 points. alt Creek Cons Salt Creek Prod Solar Refining Southern Pipe South Penn Oil S. W. Pa Pipe S. O.

of Indiana S. O. 'of Kansas S. 0. of Kentucky .0.

of Nebraska S. 0. of N. Y. S.

0. of Ohio Stutz Swan Finch Vacuum Oil Washington Oil ..220 225 8 3 84 168 6 7 7 0 6 3 33 11G ..250 253 3 4 7 350 7 3 i 7 I 19 87 vi SS 30 33 i jriaiue i'jpu Salt Creek Cons Salt Creek Prod Solar Refining Southern Pipe South Penn Oil S. W. Pa Pipe S. 0.

of Indiana S. O. of Kansas S. O. of Kentuckv S.

O. of Nebraska S. O. of N. Y.

nf OMn Stutz Swan Finch Vacuum Oil Washington Oil 27 .218 S3 .166 67 33 .247 1 1f. 17 30 i i 225 16S 70 116 230 IS 33 lghe (Corporation, Mallinson Silk. Associated Dry Goods gained Chemical and other of the so-called made much 1S8 21 Directors of Mountain Producers Corp. have decided to increase the annual dividend rate, includes i ing extras from IS percent to 20 percent at the meeting about June 6 This action follows increase in dividend" by Salt Creek Producers' Association to 24 percent annual basis, based on quarterly extra of 4 percent and regular quarterly dfvidend of 2 pe-cent. The reason for the increase in Mountain Producers' dividend is similar to that of Salt Creek Producers, and is based on the fact Wyoming oil has been established on the same basis as midcontinent crude.

In some instances the prices of crude has been advanced to a barrel from 60 cents and the financial position of the company is correspondingly improved. report of Salt Producers' Association, to be issued shortly will show $12,000,000 excess of current assets over cur- rrnt liabilities. Earnings will exceed $6,000,000, or at the rate of $4.10 a share, on the outstanding 1,496,859 shares. ports that the directors ere con- pro-r' sidering a melon cutting. Radio, rumors that the directors will place This was the only feature of the the stock on basis of railroad stocks, though the trend I Announcement I wish to announce to the public that I have I returned to the city from Florida, where I haVe been for several months.

I am now Prepared to give you prompt and efficient service in Plumbing and Heating. W. S. DAVIS, Plumber I 338 Laurel Avenue. Phone 111-R.

Fieiscbmann, Loft, Cast Iron Pipe, American Chicle, U. Rubber and Gold Dust were among tho most active of tho specialty stocks. Industrial leaders like U. S. Steel and Baldwin were steady though inactive.

New York, April 6--Active trading in the and oil blocks with prices gradually advancing to higher levels, featured the stock market the early trading today. The rally in prices since last Friday has bcnefitted principally stocks of the motor manufacturers, the automobile accessory companies and the oil stocks. The Maxwell stocks jumped Into the foreground at the opening or business today tho B'stock mounting to a new high at and the A stock pushing throuKh to 92. Nash llolors Jumped to cord high at 334 Compared to week's low price, Marland Oil showed a gain today of about 5 points; Sinclair up at 2 0 Phillips Petroleum was up Mid Continent trp Standard of New Jersey up Skelly up Shell Union up 2. Both the grain and cotton mar- opened higher and showed considerable In tho early dealings.

Call money opened at Delaware and Hudson added 0 more points to its 10 point Over An Acre of Floor Space Pictorial. Review-' New Fashions Pave the Way to a Fashionable Easter Light oil production in Mexico totaled 884.000 barrels in week railroad (ended March 2S, decrease of 20.,. 10 point 000 from previous week. Heavy jump of Saturday and sold at a neM cil output was 1,698,000 barrels, high at 151. Chicago Great West- 'a decrease of 24,000.

em, Gulf Mobile and Northern and Toteco pool production totaled a re- tbe Wabash stocks featured tiie railroad list both for activity and buoyancy. New York, April 6. Today's closing stock prices: Ajax Rubber 12 Allis Chalmers American Agricultural American Can 166 A American Car Foundry. .203 American Linseed 25 American ijocomotive 1 2 4 American Smelting 94 American Steel 49 American Sugar Refining. 65 American Tel.

TeT American Woolen 3S Anaconda 38 Atchison Atlantic Gulf W. 1 Baldwin Locomotive us i Baltimore Ohio 75 Bethlehem Steel 411 Butte Superior 306,000 'barrels, an increase of 1.000 barrels, Gulf Oil producing 50,000. Mexican Petrobum 36,000 and Mexican Seaboard 20,000. Production of light and heavy crude oil in Mexico during March tctnled 10303,000 bairels. Production of light 11! from southern fields was 3,523,000 barrels.

Heavy crude produced in Panuco fields totaled 6,982,001 barrels. Production of the Toteco pool in March was 476,000 barrels, ot which Gulf Oil obtained 202,000 barrels, Mexican Petroleum 000 and Mexican Seaboard 93,000. Stock Letter Prhafc Wire To O'Brian, Potter Co. New York, April Goodbody Co. There wns no important California Petroleum 3114 anadian Pacific Central Leather 10x4 Chesapeake Ohio 9 2 I In character of trading in Chicago North Western Saturday's short session.

A few Chicago, Mil. St. stocks showed real strength and Chile Copper (averages made slight gains for What Will You Wear On Easter Morn? Something new, of course. Something smart, naturally. And' if it comes from here, it will be a pleasant addition to your wordrobe for many months to come.

All our Easter fashions are ready, well-chosen by us so that' they will be doubly well-chosen by you. Suits, Coats, Frocks, Easter Millinery, and the hundred-and-one accessories that lend distinction to a costume. See the new ensembles, the two-piece froeks, the gay prints, and the lovely coats. The cost is moderate to make any one of them your own. Make Your Selection of Easier Garments Tomorrow percent, a slight Increase over Colorad Fuel 35 day.

close. Commodity prices Columbia i There soems no reason to change i i You Make Every Dollar Count Double When 1 yon order custom tailored clothes here. Not only the stjle an,) dnrahhty arc yours: but all the dozens of F. W. Crowley, Tailor State and Second 'Sts.

were soft. The French political and financial crisis was without particular significance in American markets. Industrial stock leaders, though active, moved through narrow price lange. Rndio, Gold Dnsf, Loft Incorporated; Symington, North American Try Paragon Service Home located in fine residential section. Well arranged living room; large, sunny dining room and airy kitchen; 4 good sized bedrooms.

FRANK J. OWENS, Mgr. STOCKS AND BOXDS. Bought Sold Quoted. 403 Exchange Bank Building.

Direct Wire. Phone 1030-31. C. D. TUTHILL.

Members New Vork Stock Exchange. Consolidated Gas Corn Products Crucible Steel 6S Cuba Cane Sugar A Delaware Hudson 151 Erie 29 Erie 1st Pfd For today look for further Geneial Electric insularity with probably more General Motors strength than weaklier Goodrich 35 Dominick Dominick--A rumor ut. Northern Ore 29 of a possiblity of reductions in inc 113 wudo Mid-Continent section has Inspiration Copper boon responsible for the inactivitv our opinion that we have seen lows most stocks for some little time i to come. continue to look for moderate 'improvement prices for present subject to normal reactions. Ideal location for children.

school. Large, shaded ground; 3 apple trees. 1 block from lot for play- Paragon Land Corp Moose ttldg. Plume Clean, N. Y.

Times Classified Ads Bring Results Int. Nickel 2S Int. Paper 51 v. iKennccott Valley 'Marine Pr 42 I Miami Copper 10 (National Enamel Sta'nip 31 I N. Y.

Air Brake New York Central N. Y. N. H. Hartford 30 Norfolk Western 127 Northern Pacific 62 Pure Oil 27 Pennsylvania 4514 Pitts.

Coal 47 I Ray Consolidated 131 (Railway Steel Springs Iron s'te'el i of petroleum shares and oven if this action does occur it niust be rcniemtored that relatively high prices for crude would prevail and that practically all companies marked down oil on hand to an eweodingy low figure ns of Dee- ember 31. Indications point to a tiading market and on any further rallies it is probable that issues-could be sold idea of repurchasing at lower although we do not believe that nucleus holdings should be disposed of with the Stock Market New York, April and oil stocks were leaders in the activity at the opening of tho mar- Prices were generally .125 Int 1 Nickel directors meet for Preferred dividend at 2 Sonthcin Pacific 101 Mta 1 Copper doctors 'Southern Railway So mcet for dlvldend action at 3 p. IStudebaker American Water Works earns Co. 4 4 9 on combined common and New York, April 6--Nash Motors commo nstock jumped 20 points to 340 in Jhe New York stock market today and established itself more firmly among the aristocrats of the speculative list. Added to a 25 point in price last week and a steady gain from its low price of "of the year in January, this stock has advanced points since the turn of the year.

Last year it rta 5-8 to 91 3-4; General Motors up 1-2 at 71; Studebaker up i-s at 14 1-2; Chandler down 3-S at 2C re rjl ket today, higher. Maxwell Motors jumped 2 l-S points to 62 1-2; A stock was up 5-8 to 91 1 44 1-2; Chandler down 3-S at 3G 1-2: Mack Truck down 5-S at 136. Continent Oil gained 1-4 at 2S 1-2; Marland up l-S at 37; Pan American up 1-4 at 76; Simms up 1-4 at 22 1-2; Skelly unchanged at 22 1-1. Industrial and railroad stocks were steady, u. S.

Steel was down 1-4 at 115; Baldwin down l-S at 113 3-4; Alhs Chalmers up 1-4 at 79 3-4; Dupont up 1-2 at 141 1-2; up one point at 120 Rouge not Necessary To-make rosy cheeks for those who take l'al-0-Vin, the modern, master tonic, as a trial will soon prove. Pal-0-Vin promotes appetite and. restores tone, thus assisting nature to revivify the whole system, adding color to the cheeks, sparkle to spring to the step, men. women and 2 V. JL sold at and in 1023 at Industrial Alcohol up 3-8 at The strong market position of S2 Nash Motors is due to its unusual! Atchison gained 1-2 at 119 i-s- manufacturing and earning re- Xcn up i-i at 30 1-4- Wa- cord and to the expectation of a split in the shares of the common! Far Greater Experience.

The fiduciary ecutor or Trustee has far greater experience than the imlMdunl, net ing in cither of these capacities. Consult our officers freely nlwut nny trust matter. CLEAN Tobacco Products TM I 'Union Pacific 141 u. S. Ind Alcohol S2ii! S.

Rubber 4 0 S. Steel White Motors go Overland 14 Sinclair Oil Nevada Cons Keystone Tex Pac Coal GaV i Allied Chemical Cerro de Pasco 45 Cnsden Oil Endicott Johnson Famous "Players 94 iy Houston Oil 64 ar "cipatlng pfd, in 1024 against Kastman tho boy and the 1924 net after ta and charges against $18,877,229 in 1923. OPINIONS Hornblower ft Weeks--Just so long as prices con tinue to hold ground wo can re- tnin confidence in ability of the market to register gains." A. A. Housman market by It's action pretty well indicates that the decline has been arrested and that chances for cord and to the expectation of a Dasl preferred A up 1-4 at York Central up 1-4 at stock.

The dividend rate is 71 percent with occasicna dividends. i Earnings of the company last year were about a share on the common stock. cars in February were 63: drcn. should take a tonic like Pal- 0--Yin at this time of year to overcome the effects winter Hciors and. ills, and dispel that "dragged ouf feeling so snre 10 come to all as spring arrives.

1'aI-OVin is not a secret remedy --read the formula on the label and ask your doctor if he knows of any better reconstructive prep- GRAIN MARKET Shipments of mca so. April Grains opened ere 51 per- 1 toda Wlloat Ws up to cent more than in the same month 1 4 ccnts; corn fta 1 1-2 to 3 cents and oats, up 1 to 1 l-S. Open- Jiclly Springfield Jliiddlo States Oil i. Missouri Pacific Pacific Oil 57 Tan. Amn.

Pete Pierce Arrow 13 "i Pierce Oil 2 Rock Island Royal Dutch 51 SImms Pete Amn. Ice Shell Union Trans-Continental Oil Remington Skelly Oil Packard Motor Mnrland Oil S. 0. of N'cw Jersey i further rally are still promising. 4 Block Malouoy stocks sold out on raises ran be replaced lower until such times as outlook becomes clearer.

COMING EVENTS--Del Lackawanna fc Kestern is intinsically a rheap stock around 130 should bo acquired with Intention of hold- 1 ing It for long pull. American Car Foundry Is still favored with strong technical position and before It meets with any Intelligent distribution it promises to sell at now high levels. Baldwin Locomotive, is a good constructive medium for tho long pull whenever subjected to pres- of 1924. Forward price moements in Maxwell HMotor Company stocks, tudebaker General Motors, Pierce i Arrow, Jordan and Packard were' the principal features of Jhe stock market today. niation.

Children cnpoy its ions flavor and eagerly look forward to "medicine time." Thousands of bottles are annually sold, and numbers of people in this set-i tlon have voluntarily written as to the wonderful results they have obtained taking Pal--O--Yin. Get a bottle today and take according to directions on the label, and you will soon learn why we state ItOUGE NOT NECESSARY. Large bottle 1.00 at Black'a Drug Store, or any drug store. tell more you That the classified ad rule 69 sure. 21 Otis Stcc! on tho long pull out- tho preferred stockholders 40 is sufficiently attractive to war- s.

o. of 60 14 rant accumulation of this Issue. LIVESTOCK MARKET East Buffalo, April Receipts, innrket. slow; prime steers. 9.10@10.S5; shipping 9.00 10.75; butcher grades 7.50fj 9.00; lielfcrs, 5.00(3R.50: cons, ZOO ftG.75; bulls.

3.0000:00; feeders. milk cows aad string, era i Calves--Receipts. 2.SOO; mnrkct, slow; cull to choice, 13.50. Sheop and Lamb--Receipts. 000; market, aether choice lambs.

Wheat--May Hi 1-2 to 115; July 134 to 135 1-2; Scpr, 120 to 1-2 Corn-May OC 1-2 to 07: Julv 101 1-2 to 102 1-2; Sept- 103 3-4 to' Jlrx. Oats-May 30 1-4 to S-f. July 41 1-4 to 1-2; Sept. 42 1-2 to 43. Too Late To Classify 10 Strayed Lost Found" corner Hamilton and Harry Saturday cvenlnc.

9T or "phono Liberal reward. No questions ashed. Help Wanted--Male lawn and garden. Apply In pt'non be7 tweon 7 a. and 6 p.

tn. Clean General Hospital. 15.00@1C.OO; cnll to fair, S.OOft MIDDLK-'AGED work on 14.00; yearlings, S.OOQ11.00; sheen, If 3.00@8.50- Hogs--Receipts, 9.000; market, active; Yorkers. 13.50@ll.2Ti; pltrs. 13.00®13.r0; mixed.

11.00011.23; i heavy, 14.00@M.:r 1 roughs, 12.00® 12.25; Mags. J9 Rooms'for Housekeeping THE HAPPT crowd, flend THERE ARK profitable opporuml- tlw without 'number in the classified 10 I iA 12 furnished HBljt hcusehceplnR rooms, electricity and all conveniences. Adults only. 3STH ST. jn-Sulto of ll ht housekeeping rooms.

KMI and electricity. LSC of phono, rhono 10CMV tor particulars. MILL Sup plies Punjplng and Jmto, Gas and Boiler Shafting. Pulleys and. Belu Ing, Pipe, art Fit.

tlnfca. Boiler and Stacks. Bar Iron awl tornl MACHINE IV01UL LUTHER MFG. OLEAN, NEW.

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About Times Herald Archive

Pages Available:
154,894
Years Available:
1909-1951