Casper Daily Tribune Newspaper, January 24, 1921, Page 5

ererrecerers TOT reRereRete ress eeerese: : ae! é aeby i tetecte ct atstete Seatg ad tafe ‘ MONDAY, JANUARY 24, 1921 * Cpe Casper Daily Cribune WHEAT PRICES. RALLY IN MART CHICAGO, Jan. 24.—Wheat prices Geveloped fresh strength today, in- fluenced by signs of continued ex- port demand. France was said to be) asking for offers of 900,000 bushels. Opening prices which varied from un- changed to 1%c higher with March $1.67) to $1.68% and May $1.58 to $1.5834 were followed by a material uptufn all around and then some- thing of a reaction. Corn, oats and provisions also as- cended. Statements that importing coun- tries need 80,000,000 bushels of wheat and rye in excess of the surplus of exporting countries, had considers}! bullish effect. The close was unset- 3% to 4% cents net higher with $1.70% to $1.71 and May $1.61 to $1,61%. rd demand for corn helped jater to lift prices still more. The close was nervous at % to 1%ec net advance with May 69%c to 69%c Palencia ried Fixed Taxe Rates on Petroleum in Mexico Discussed MEXICO CITY, Jan. 24—Repre- sentatives of petroleum companies in Mexico will meet here on ‘hursday to consider the draft of a. proposed law providing a fixed rate for taxes on petroleitm properties and designed {© prevent irregularities and alleged frauds in the payment of such taxes. The measure, which was prepciud by -Adolfe De La -Huerta, secretary of the treisury, will be submitted to the Mexican congress shortly after it convenes on February 7. An. increase of approximately 30 per cent in the export tax on petro- Jeum is provided for in the petro- leum tax revision proposed by the Mexican government, according to unofficial advices recelved here to- day. An added feature is a tax upon escaping natural gas, according to the dispatch which was received by an oil_company. The new taxes will be announced, it was stated, in the ‘next circular Provided for in the decree under which such taxes are imposed and will become effective in February un- less the Mexican government can be convinced, by the oil producers of what they regard as its injustice. The ofl companies have contended that they were unable to utilize to any practicable extent this by-product of the wells because of the isolation of the fieldy. Most of the gas is burned in the open. | Livestock Mart | DENVER, Colo., Jan. 24.—Cattle— Receipts 1,000; market 25c higher; beet steers, $9.00@9.00; cows and 5.00@7.00; calves, $10.00@ rs and feeders, $6.00@ Hogs—Receipts’ 1,600; miarket 10¢ higher; top, $9.65; bulk, $9.10@9.50. T—Receipts 5,800; market bc lambs, $9.50@10.25; ewes, 6.00; feeder lambs, $8.00@9.00. CHICAGO, Jan. 24.—(U. S. Bureau of Markets)—CATTLE—Receipts 22,- 000; opening generally steady on all classes with close last week; few strictly good or choice beef steers of- fered; bulk around, $7.50@8.60; butch- er heifers largely $5.75@6.75. Bulk butcher cows, $5.00@6.5; few loads choice: heavy Kosher cows, $7.00@ canners and cutters mostly $3.25 @ ‘dest bologna bulls around $6; Veal calves largely $11.00@12.00; stocker and feeder steers mostly $6.25 higher; top, $9.85; bulk, $9.15@9.60; pigs slow. -Bheep — Receipts 21,000; kiMing classes about steady; early lambs top $11; Bulk, $10@10. no choice fat sheep or yearlings sold early; ewes, $5.65; bulk, $4.50@5.50. oo MARKET GOSSIP Big Gasser to Be Utilized. Now that the big gasser in the Buffalo basin field is out @nd shut in, now the people of Greybull are considering what shall be done with the gas “from this well and while there is no authoritative statement. from the Midwest or Ohio, the be- lief is that the gas will be piped to Greybull for use in the refineries there. The line from Manderson and the Hidden Dome wells is supplying all the gas required at pfesent bit later on it is thought that thise field will not be able to stand the drain that wil! he placed upon the wells when the pull of the towns and the eries is put on. ‘ke Buffalo Basin gas can coine di- rect’ to Greybull down the Greybull river and will then connect on to th: Hidden Dome line at the Greybull lator station. In this way it id mean that the present line would be made a live line from bth ends of the high pressure system Harrison Wildcat Drilling. "The Ausociated Oil company's wild- eat drilling near Harrison, Neb., smashed a calf Wheel last week and was shut down in consequence for a short timo. The well is working again top now. The Weaver Rig Building company ent repairs for the rig from here and the work was completed and the well dniling by Friday evening. The hole is about 1,200 feet deep and is ted to go to more than 2,900 ‘oll is found above that depth. ‘ —— Prospectors’ Leases Issued by the State HH. Lealie Parker, Casper, all of 16- 35-79. W. W. Lamson, Lusk, all of -16-47- C. F. Walsh, Dickens, Ia., all of 36-40-70. ‘ Frank. A. Wise, Basin, all of 26- 49-91. Antoinette Pecukaitis, Douglas, all of 16-39-69. SES: RS ‘We have the only Tamales in town for a dime. Matson Bros. Phone 151§M for an order. 1-22-2t* Today’s Markets by Wire Furnished by Taylor & Clay Ground Floor Oil Exchange Bldg., Phones 203-204 LOCAL OIL STOCKS Wind River Refining 1 02 Amalgamated Royalty -. 12 15 1.90 2.00; [American 2 01 02.08 | Atlas. Ot 02 ‘27 “agi Big Indian 32. 35. toa Bessemer 27 30] ~NEW YORK CURB CLOSING Blackstone Salt Creek -.. .88 .92'Midwest Refg. ......$138.00 $140.00 Boston Wyoming + .97 1.00 Midwest com. . + 1.00 1,50 Buck Creek 26.28 Midwest pref. . 1.00 3.00 Burke... - 15 AT Merritt... 12.75 13.25 Black Tail - 02 03 Glenrock Oil 2.00 - 2.12 Capitol Pete - 01 08 Salt Creek -. 24.00 28.00 Columbine ~ 42° 45, Western States . 37 50 jConsolidated Royaity 1.25 1.28 Prod. & Refrs. 5.00, 5.50 Casber Ranger = : ‘02 Cosden ... 6.00 6.50 Cow Guich 1g Elk Basin 7.87 812 Donilno, tog Allen... 87» 1.12 Elkhorn ‘ig Okmuigee 25 “37 E. . Wiillane 107 Cities Service com. 256.00, 200.00 Frantz 3.00 |S; 0. Indiana ... 2.60 73.50 Gotha 3 NEW YORK STOCKS Grea’, V ‘og Mexican Petroleum ..$157.00 $152.75 Hutton wade ‘o5 Sinclair on . 24.00 23.25 Juple 2 “03 og Texas Ol... 43.00 42.87 Kinneya i ‘24 Pan-American Pete 74.37 73.75 Daiieev Gray av: 07 cope Re ph~ Steel on.) .0h 6s 887” Sate Sree : gy Union Pacific R. R... 119.00 119.75 Lusk Royalty —_ 07.09 EXCHANGE Lusk Petroleum 08, 04! cog Mike Henry - A} pranene ‘ Mountain & Guif e New York Oil . 0 Northwest Outwest — Pleerdy - Riverton Refining -. Western Exploration 2.25;Victory 43-4 CRUDE OIL’ MARKET 0 Rock Creek ~ 8:10] Salt Creek Big Muddy Pilot Butte Hamilton Dome Mule Creek WYOMING Grass Creek Torehlight Elk Basin Greybull - Lance Creek FIGHTING CALIFORNIA OIL FIRE WITH STEAM—Spectacular blaze shooting high from a new well sunk in Brea Canyon, near Los Angeles, Cal., while firemen and others were fighting the fire with steam. The flames shot 40 feet in the air from 1,200 feet underground, Thousands ne from miles around to see the fire. ¢ MARKET GOSSIP AND FIELD NEWS ERTENGIVE WORK IN MUDDY SEEN Successful ‘Completion. of Bleep Fest Hole Would Mean Strenuous Development Program This Year Big Muddy ts due for a strenuous 1,000 feet and then the hole was abun- development the coming season, 25 well as the other fields of the State. The deep test being drilled by the Midwest that is to seek an oii be-| yet. low the second wall creek sand and that is now the main oil producing horizon of the field, will likely be com pleted by the middle of summer and the southern and western end of the field is expected to share in this new pool in case it materializes. the rig moved a short distance away. The new hole has not been started While the oi] men look to this souti- west part of the Big Muddy as a pos- sible new area for the field to extend, there is also a definite attempt. to strike off to the north and see if that part of the region has anything of worth to the oll fraternity. Several rigs are up and ready for the tools, nd a number of wells are being pro- moted for this part, especially in the Coal Creek structure, The original field as surveyed by the government geologists before” the drilling of any wells in Big Muddy. outlined a dome extending several miles to the south and west of the shippings |most favored. Sales 0 Folo Markets (of unfavorable industrial \bull_ poois were active para in the | stock market today. Steels, equip-| and motors were | approximated 450,000 shares. © NEW YORK, Jan. 24.—Today's stock market opened with a contin- uance of last Saturday's rally, The reported success of the Relgian loan was probably a sentimental factor. There was a perceptible broadenin.«c of the market at higher prices during the morning, despite intermittent o:- ferings of shorts. Equipments were especially prominent, Pressed Ste»i Car common rising seven points, and the preferred four and a quarter, Steels were strong and oils rallied easily. Delaware, Lackawanna and Western extended its gain. to ten points, Other strong rails included Southern Pacific and Northern Pa- cific. Exchange on London was firin but call loans held at last week's pre- vailing rate of 7 per cent. Silver Quotations. NEW YORK, Jan. 24.—Bar silver, domestic 2 foreign, 68 8-4c; Mexican dollars, 56 3-4c. 97.26 | , |and of the existence of other vouch- doned on account of a fishing job, and Metal Markets. 88.10 e ratty | NEW YORK, Jan. 24.—Copper—- Meee eae See 87.96 ‘Quiet; electrolytic spot, nearby and ie 08 ard 41-45 91.00 first quarter, 19@131-4c; second quar-! Tom Bell Royalty 07 4th 41-48 $8.40 tor, 131-4@13 1-2c. Iron—Easier; |No. 2 Northern, |Southern, $30@332. No. 1 Northern, $33; $30.00@82.00; No. 2 Tin—Weak ;spot and nearby, $34; futures, $34.75. Antimony—$5.35@5.50. Lead—Steady; spot, $4.75. Zinc—Easier; East £. Louis dé | livery, spot $5.371-2@5.50. At Lon- don, standard copper, 67 pounds 17s 6d. Tin—171 pounds 15s. Lead— pounds, 28 64. Zine—24 pounds 15s. Follo Markets —.ITMS Produce Prices. ‘CHICAGO, Jan. 24.—Butter—Firm: creamery extras, 45c; standards, 45c. Eggs—Lower; receipts, 8,602 cases; firsts, §8@54c; ordinary firsts, 50@ Slo; at mark, cases included, 51@52c. Poultry—Alive, higher; fowls, 30¢; springs, 27c. Cotton Futures. NEW _ YORK, Jan. 24.—Cotton fu. tures .closed very steady: $16.50; March, $14.88; July, $15.20; October, $15.38. Spot cotton quiet; middling, $16 85. <<< ———— AUDITOR TELLS OF VOUCHER IR | — | NEW YORK, Jan, 24.—Total “misplaced charges” found on the” books of the Bethlehem Shipbuild- ing Company amounted to $339,230, Perley Morse, head of an account- ing firm employed by the shipping board, testified here today before the Walsh congressional, committee. Morse said he had got in touch with Charles M. Sohwab, chairman of the Bethlehem Steel Company, and Fu- gene G. Grace, president, after Schwab's testimony last week, when he denied he had received a cent from. the government for his services. At the conference, Morse testified, Mr. Grace and George F’. Burgess, as- sociated in business with the witness, compared notes on the vouchers anil agreed as to the details. NEW YORK, Jan. Morse, whose accounting dited the books of the Bethiehom | Shipbuilding Co., today appeared fore the Walsh Committee investig: ing affairs of the United States ping Board, and corroborated mony of Col. E. H. Abadie, former general comptroller, concerning dis covery of a voucher for $260,000 al leged to cover personal expenses of | Charles M. Schwab for October, 191%. Mr. Morse said he told Col. Abadic under whose direction the audit was carried out, of the discovery of the voucher by one of his accountants, ers. One of these was for $13,000, paid to Paul D, Cravath, attorney for the Bethlehem Company, and yas charged to overhead, he The galliwasp, a small West Indian lizard, terrorizes the inhabitants, but is really.harmiess. Geologists Oil Experts Oil Field Maps Blue Prints Explorations Reports Waonvng, a Map & Blue P. O. Box 325 Rm. 10, Lyric present development, The axis of this structure ren far down into the field, and the wells drilled along the west side of the present fleld have shown that the second wall creek sand does not extend its oll bearing reservoir beyond a rather limited area, and that this main structure is much lar- ger than the present. development. The Big Bear Oil Co. and the Mid- west have started tests on the soutt- west end of this structure, and the Big Bear-has drilled a deep hole so far without success, in an effort to reach the Jower sands and see if these con tain oi]. The Midwest test went about Taylor NOTICE The Bon Ton Cafe Open Night and Day. Chép Suey and Noodles a Specialty (Incorporated) CASPER, WYQ. Ground Floor, Oil Exchange Bldg., Casper, Wyo. Phones 203 and 204 New York Exchange Stocks Chicago Grain Markets Local Oils Bought and Sold & Clay FATE OF GRONNA | BILL RESTS ON “oe NEW YORK, dan. dan. 24 Regardless ‘Voluntary System ‘of Licensing Takes | of the meat packers and other livestock marketing passed today by the senate. WASHINGTON, Jan. 24. .—A decision in the decade-long con- gresional dispute over regulation of thé meat packing industry was to be reached in the Senate with final voting set for late today of |" for each senator 10 o'olock today, than iisual to extend time for a! TIPLE PL ELL oD May, $14.98: | ROC LIZ ALAL ALAA hb A Ahhh dohdadid tL Lid DIOTINTOTOTOIIT TOTTORI TOTTO TIO, SCHWAB CASE ator Gronna, ¢ jon, as & sabe] tien i Kendrick Dill. *: IRISH LEADER - The Gronna VOTE OF SENATE: oribe re fewa| Besides power to pr | tions for the tnilus the federal cireuit hill proposes a Zan .O' re of the Sinn Fein, ) refused to confirm or demy te- ) e from London that stem of | tod ports received hi licensing packers instead of the eom- Place of Compulsory Plan of the “pulgory plan of the criginal Kenyon.|Eamonn de Valera, the Irish repubb- [ Kendrick measure. lican leader, is in Paris. ie os oI. . ‘I have nothing to say about Original Bill; Vote Pending It passed today by the senate, sup-| said O'Ceatiaigh, “but it might 46 0 porters of the bill hope for action ty} harm to have a look around. You the house before the end of the pres- wnt svesion. Opening the dubuty, Senator Emoct,| 1 has —_——_ | never can tell whom you might find.” (BULLETIN ———————— 24.—The bill proposing federal regulation agencics, was The vote on passage was 46 to 33. WASHINGTON, Jan. D. Fried turn st. an of the Fashion Shop 1 from a buying trip ia purchased a complete Utah, deniod cheegrs of volinaion and monopoly made aguinee the “bi five" packore by Senntur Kenyon, ite: | tock of the latest model dresses, y Associated Press) publican, lowa, ‘he With senator | which are arriving at the shop daily. salt the federat trado coniminsion’s «xparto Inquiry and that the con-| Milslon's charge of monopoly. wn | GLYCERINE MIXTURE wawed only on circumstantial evi- the pending legislation, Jaowe nod unwarranted infereaves. | Simple glycerine, buckthorn bark, anil che | The packers have no ngreod 1 as mixed in Adler-i-ka relieves ANY Under an un mous consent agreement rea d several weeks centage of purchases of livestock, | CASE as on stomach or sour storm- ago, voting on the bill and amendments was to begin at 4 P-'M.| Senator Smoot declared. ‘The much-| ach. It acts on both upper and low- without discussion. At 2 o'clou'e de- close." Private polls t2kon “y both] Mscussed memorandum of percent-| er bowel and removes all foul matter wal to? be Cute to five hein ated s showed a halr Jine division, it|ames taken from pavker jles, Mr.| which — poiso stomach, Often URES constipation. Prevents appen- dicitis. The INSTANT pleasant ac- tion of Adler-i-ka surprises beth doc- tors and patients. One man who suf- fered five years from indigestion and constipation was helped by ONE dose. Casper Pharmac: av. M. D. BARNETT OUTFITTING COMPANY 120 EAST SECOND : TO THE PUBLIC OF CASPER Beginning SATURDAY, JANUARY 22 We Are Placing on Sale OUR ENTIRE STOCK of Merchandise At the Most Liberal of DISCOUNTS We want to Emphasize this It is Not a Forced Sale Bmoct said, was @ bas's for coilec- tion o! zolnt funds by the packers to ficht hanatil legiwation and co an | Portion expenses of thalr uctwat on. tor Ixenyon replied he would demonstr that one use ef the per c > memorandum was to tu | was reported, wita senaters Itsted as | “doubtfu!” dewo:mining tho fate of |the iegisiation about which controy- has raged for ten yoirrs, ‘The senace met at two hours earlier of tie con-| The bill. up for knowi as the Gr dlispo: legislation would be 1 today fs We are not retiring This is not a Money Raising Sale IT SIMPLY MEANS : We are going to reduce our stock to make room for our Spring and Summer arrivals. AND* REMEMBER We have always and will continue to handle nothing but the HIGHEST CLASS OF MERCHANDISE We have no room in our store for seconds or shoddy goods. Purchases made here are made with the knowledge that they are purchases of first-class merchandise and bear the trade marks of standard manufacture. We want you to take advantage'of these extraordinary reductions. LAL ADIABDAMALAAA AA A A hh di didid dd duhdaddidl Our Entire Stock of Chesterfield Clothes And other standard makes for men and young men have been grouped in two lots, as follows: SUITS SUITS That Formerly Sold at $45 up to $75’ That Formerly Sold at $25 up to $35 Now Go At Now Go At $25.00 Your Choice $17.50 Your Choice Work Shirts Sweaters and Knit- Neckwear Belts, Suspenders Extra Special i ted Vests 331-3 Off and Garters -Blue or Gray BENTO Tk ie 20 Per Cent Off ; 20P. eee ree Gloves and Mitts Leather Sleeve Vests $1.25 Values at Colliers stschend ott giinds and styles for dress 33 1-3 Off arts has In White Solvette or Striped 20 Per Cent Off s Overcoats . Madras nn ‘or Men and Young Men and ae Shirts 25 Per Cent Off Handkerchiefs TOR cpa ae Sele ne : ene "| All Duck and Mole-}__20FerCentOf | * “One-Half Price as skin Work Coats { Night Shirts and { Boys. Blouses and Silk Shirts 331-3 Off Pajamas Shirts Any Pure Silk Shirt in the In silk, silk fiber, soisette and Ante? CTS 33 1-3 0 = a Shicts : Una and Young Bros. Hats i 20 Per Cent Off : Leather. Reversible anne > A Eg Sn peel All High-Grade { Coals and Rain colors, checks or stripes. Work Shirts 0a! Trunks, Suit Cases, Bags 20 Per Cent Off 25 Per Cent Off 331-3 Off 2,000 Pairs of Odd 20 Per Cent Off Extra Dress Shirt Special Pants Bove’ Sui Bath Robes and hare duroys. 25 Per Cent Off 20 Per Cent Off and Watchusette _ The most de- 25 Per Cent Off All Riding Pants 20 Per Cent Off Hosiery For men, women and chlidren, Silk, cotton or wool. 20 Per Cent Off Men’s and Boys’ Mackinaw Coats 331-3 Off pendable fast color shirts on the market. All SIFISSAELAAAAA AA EAA MAA AAA! hedadedd dd dddd Caps Men’s and Boys’, colors aud sizes. We ‘have a wonderful line of Dress and Work Underwear Regular $2.50 5 Capa, with or without ear pro Shoes i venta a Boy st Underwe ree Values at : ments. $1.59 25 Per Cent Off |; 20 Per Cent Off 25 Per Cent Off Q & © A) A) N) \) \) ) N & N N . N : ® & \ N) ) ) NC N & % \) N N 8 N & & ) . ws: 5