Casper Daily Tribune Newspaper, March 17, 1921, Page 5

» BN 17, 1921 Che Casper Daily Cribune ace QBREGON RULE Failed to Protect Lives and Property, Claim GALVESTON Tex. March 17.—De- claring that the Obregon government had failed to protect life and property of Americans, members of the Associa-| tion of Producers of Petroleum in Mexico last night went on record American recognition of the| against southern republic until “absolute as- surances of protection for American interest:) are forthcoming.” Forty oil men representing companies with hold- ings in Mexico attended yesterday's conference. “It is not an oil question,” Guy Stevens, a director of the association and spokesman of the conference, as- serted. “It is a Mexican question. “The issue ‘is clearly defined,” he added, “and the question is whether Americans are going to lie down or stand erect. We want nothing from the Mexican gove reasonable; nothing that might not be expected from any other government.” Oil men attending the meeting, among whom is Edward L. Doheny, president of the Mexican Petroleum orporation, declined to discuss the business of the conference. pied (sain ame OIL CONCESSION IS REPUDIATED, WASHINGTON, March 17. — The Costo Rican congress has repudiated large oil and other concessions grant- “ed in June, 1918, to Armory & Sons through an agreement entered into between the Costa Rican minister of foreign affairs and ‘the British minster according to advices received today by the State Department. ‘The concessions, consisting of 7,000 square miles of land, while ostensibly granted to an’ American. company, were largely controlled by British in- terests, including the son of the Brit- ish premier, Lloyd George, according to information at the state depart- ment. The position of the United States has been that the agreement by grant- ing water rights along the Nicara- guan boundary to British interests would give the concessionnaire a foot- hold for the building of an inter.) n canal. The Costa Rican congréss: acted to repudiate the concession‘on March 7, the vote being 24 to 10. ee Columbine. . .....+.. Consolidated Royalty Casper Midwest Refg. CLOSING -$136.00 a1 8 Sak Basis 50 there may be found sands containing Petroleum at depths. ‘This well is to be drilled by the Car- ter Oil company and the Inland on a 50-50 basis and the backing of these two large oil companies insures a thoro test of the area. Oil Runs Are Higher The American Petroleum Institute's ‘Wind River Refining --.-. « .92| estimate of the production of oil for Wyo-Kans . 4 Ay 2.20 | Wyoming and Montana is as follows: Wyo-Tex... "04 WYOMING AND MONTANA Western Oil Fields. 'o7|_. Wyoming— Mar.& Feb. 26 SPONas ces. .14{ Salt Creek .. 30,400 NEW YO! phoned Midwest Com. 4 Big Muddy 6,100. a Midwest Pret. 18) deo [Laramie District 6,200 a6 Merritt. . .. 12.25 *12.75]Others . « 2,350 Glei x 2 | pte gies 2ean 2kb0| | Totals, Wyoming ..53,240 52,250 3537 | . Montana— ago 4g {Cat Creek ........... 3,700 8,500 5.75 — 5 ed 55,850 Ben 282.00 — 308) Allen.) Ais. s00 112 French Line Given Up. 103.0. indiana. 68.75. 70.00|_ The abondonment of the proposed NEW YORK STOCKS Mountain & Gur’ Grass Creek $1.75 Torchlight —----— 1.75 Elk Basin RRR R IANS Greybull ~~... od Lance Creek Lander .-—----—-—.--.-—-.----. MARKET GOSSIP of April. As the land must be in advance it is hardly likely t or notices of the sale and therefore it is hardly likely that it will be held NEW YORK’S about the middie of the coming TY month. Deere This sale is to place about 3,000 to ‘acilities isiting |5,000 acres of valuable oil lands on Neva) meray: Te) Lath the market and it is expected that the New York, the city of conventions, the Mecca of buyers and business men, constantly increases the facilities it offers to business visitors from out- of-town, In addition to the vast ex- hibits of merchandise on view at the Bush Terminal Building on Forty- second street, the Grand Central Pal- ace, and the many annual exhibitions, large individual frms are now mak- ing prepdrations for the reception of dealers in their own particular lines of merchandise. The Columbia Graphophone com- pany, which has just. signed a mil- lion-dollar lease for the eight upper floors of the new 24-story Gotham Na- tional Bank building on Broadway at ‘columbus Circle, furnishes a case in point. It is announced that in these new quafters space will be set aside for Columbia dealers from all parts of the country to visit and talk over the policies and see the product of the company. This compeny has expanded so rap- idly in the last three or four years that closer contact between “its head- quarters. and the men on the busi- ness firing line has been found neces- sary. for more complete co-operation and co-ordination. Other companies with nation-wide distribution are ex- pected to follow suit. $10,000 APPROPRIATION FOR HATCHERY FROM U. 5. SARATOGA, Wyo., March 17.—Su- perintendent O. N. Baldwin of the federal fish hatchery here has been notified that the sundry civil appro- Priations act recently passed by the congress contains an item of $10,000 for improvements at the hatchery here and the sub-station on Sage creek. The money will be expended during the oming summer. bidding by the oil companies will be ‘both lively and high. Some of the lands are already virtually proven tracts and this will lend fervor to the bids of the. applicants. ‘The land is situated along the cast side of the field from a point about two: miles: northeast of Salt Creek to the Nayal’ Resurve boundary on the extreme southeast part of the field. New Company Organized. The Evans Oil corporation, a new firm that is being incorporated here by well known oil men, is making its initial bow to the public of Casper, The company starts out with some jexcellent holdings on Pine mountain and in the Salt Creek field. The new firm has already received permits for about eight sections of land in the Pine Mountain district and has applications for about the is expected to be passed upon by the Interior Department in the near fu- ture. Is Denied. A report that both the Standard and Midwest refineries had received word not to ship any more petroleum prod- ucts to eastern market until the de- mand was greater, was officially de- nied today. ‘The market in the east is admittedly oversupplied to a certain extent, but there is no néed of curtailing the prod- ucts of the Wyoming refineries on that account. The pipe line companies of the Mid-Continent oil fields are taking all the ofl from the leases there and this reacts to some extent against the Wyoming oll men who cannot ship petroleum products east in competition same area in the Salt Creek field that} Northwest . “ B%e . see Outwest ... .02|1st 48 Picardy... 08) 2nd 48. . 2s. Riverton Refg. 07/18 4%s - sees Royalty & Producers 19jand 4%s. . Sunset .....2.05 OT) 2rd 4%... Tom Bell, Royalty . 06 .07/ 4th 4%s .. Western Exploration 2.00 2.20! Victory 4% - WYOMING CRUDE OIL MARKED- Rock Creek -—---------=—-----$1.50 = 1.40 i Mule Creek | ~-----— AND FIELD NEWs RIGH OIL LANDS TO BE AUCTIONED A report is current about local oil circles that the coming sale: of oil lands to be held by the interior department of acreage in the Salt Creek field, will be held about the middle advertised at least thirty, days hat the rumor has any founda- tion, for the department-hus not issued any hst of the tracts with the refiners of the Mid-Continent fields because the latter have a much shorter freight haul and less rate thereby. _ New Test in Colorado. ~ Fern Hudson, the loca! rig contrac- tor, has just completed a rig for a wildcat test in Colorado that will be ‘watched with interest by the oil men. This location, is near DeBeque,, where there are great mountains.of oll shale and the test is therefore looked upon as a possible discovery well of a field because of the large amount of petro- Jeum in that region in the shales. -While it has never been considered that the presence of oil shale on top of the ground was any certain indica- tion of a petroleum deposit under the surface, the mere presence of petro- leum in the surface shales-shows that deposits’ were placed in the region in All Run Bown Maw Feels Fine Eatonic Ended | His Troubles ~ “Eatonic is the only thing I have found to stop my heartburn and I think it bas bates a help in - O. Johnson. ° GONVG GONVG supueg WORIqUXxa GaOdMOld F AGNVTAVA SDNOS ANAVI GONVa aONVG OMLL NIGUVD YALNIM DANCE Every Good MERICAN Will Be at The MERICAN — RIDAY NITE Senembecte9 ’ “Challenge” Orchestra Ladies Free Tickets A “Buck” and a “Dime” DANCE DANCE DANCE DANCE DANCE EGION WINTER GARDEN pipe line that was to have been laid -93| Mexican Petroleum ...$146.50 $146.50|from Havre to Paris, France, is to -11| Sinclair Oi 23.00 22.87) have a special meaning to oil men 2.95! "Texas Oil. . 41.50 40.75 |Operating in Wyoming. It is reported 42) Pan American Pete... 70.87 70.50|that a number of brokers have pur- .07/U. S. Steel ........... 30.62 89.50| Ciaacd this pipe and will send it into Hutton Lake . 04] Union Pacific R. R. .. 118.00 117.50} the s.orthwest for sale, to the oil men Jupiter . . 04 FOREIGN EXCHANGE here. Among those who are said to Kinney .. z have been concerned in. the purchase Lance Creek Royalty. are the Interstate Pipe company and Lusk Roy-Ity other well known firms that cater to the oil trade of this region. Besides the pipe itself there are a great many steel tanks of large size and it is also reported that this tank- age may also come to Wyoming. The pipe has never been used but was shipped to France and then re-shipped back to America, but the tank steel never left this country. The Wall Street Journal says: Offering has/been made of approxi- mately-7,000 tons of steel pipe for oil country use at a considerable conces- sion from the general market price, but as yet there has been no sale. The pipe is that of Atlantic, Gulf & ‘West Indies Steamship Lines, and 0 | was originally purchased for use in connection with proposed pire line from Hayre to Paris. Upon abandon- ment of the project, much of the ma- terial was returned to this\ country and offered for sale, together with other goods purchased for the same project, but not yet shipped beyond the seaboard. Offering includes almost a dozen tanks, bringing total of tanks and pipe held for resale to approximately 10,000 tons. A sale of tank plates was recently made at a new, low price of $1.90 a hundred pounds, or $15 a ton below the Steel Corporation's price of $2.65 a hundred pounds. Transaction in- volved 1600 tons. STRIKE HOLOS UP WORK OF MASONIC CATHEDRAL )sivings in regard to tho MARKING TIME Definite Advices on Export Trade and Crop Damage Awaited in Market CHICAGO, March 17.—Wheat trad- ers quite generally assumed a wait- ing attitude today pending develop- ment of fresh export business or of definite advices of crop . Mis- industrial outlook tended to check bullish senti- CHEYENNE, Wyo., Wyo... Work on. the Wyoming Consistory Past ages and because of this fact, | cathedral which was begun a few days ago, is at a standstill as a re- sult of the strike of building’ trades unions against a reduction of $1.00 a day in wages declared hospital also was stopped by strike, A Special Shows at.... Prologue at..... Before. EASTER AND ALL PEST SIAL ESSE LF: Bs March 17. —|°"5 “HAREM FANTASIES” USUAL ADMISSION—40c 1:00, 2:15, 3: FRIDAY and SATURDAY “SEVEN YEARS BAD LUCK” Starring MAX LINDER It Will Make Laughs Grow Where They Never Did Sew Your Buttons on Tightly Before Seeing This Picture € CL hh hehehehehe he he en) ¥ lowers for Easter Phone Your Order Early SPRING FLOWERS We Deliver to All Parts of the City Casper Green House ¢ PHONE 1845 216 North Kenwood WOOO IPI IIIS ISI IGS DS Ia & ment. On the other hand, fair buy- ing power showed itself on any set- back in prices. Opening quotations which varied from-unchanged figures to %c lower, with March $1.59% and May $1.51 to $1.51% were followed by upturns that in some cases went well about yesterday's finish. Subsequently, buying power gave out, and the market underwent a ma- terial decline despite gossip current that an embargo against the importa- tion of agricultural products into the United States fad been decided by President Harding. The close was nervous, 1% to 3% cents net lower, with March $1.57 to $1.57%. Corn was upheld by scantiness of receipts. After opening % off to a shade advance, including May at 69%c to 69%c, the market sagged a trifle and then scored slight gains. CHICAGO, March 17.—Later, when wheat started down grade, the corn market also went lower. The close was heavy at % to 1%o net decline with May, 68%c to 68% @68%c and July 70%. Oats hardened a little in the ab- sence of any selling pressure, start- ing a shatle to %@%e higher, May 43%c to 43%c and keeping at about the initial range. Provisions had an upward slant, in- fluenced by the fact that fresh pork loins were selling at the highest price of the year. Closing Quotations GHICAGO, March —Close: Wheat. larch, $1 May, $1.43. Corn—May, 68%c; July, T0%c. Onts—May, 42%c; July, 43%c. Pork—May, $20.80. Lard—$11.80; July, $12.12. Ribs—May, $11.47; July, $11.80. Potatoes. March 17.—Potatoes— Receipts, 60 cars; market dull, Idaho russets sacked, $2.35@2.45 cw Northern white sacked and bulk, $1.20 @i.20 cwt.; North Dakota and carly Ohios sacked, $1.60 cwt. Chicago Provisions. CHICAGO, March 17.—Butter lo’ er; creamery extras, 43@43%c; stand- ards, 40c. Eggs—Lower; receipts, 19,964 Cases; firsts, 27@28c; ordinary firsts, 25@ 25%4c;, at mark, cases included, 26@ CHICAGO, Poultry—Allye, . unchanged. “2G. Produce. KANSAS CITY, Mo., March 17.— Eggs—Two cents lower; firsts, 23c; seconds, 19¢. Butter—Créamery 3c lower, ‘packing, unchanged. Poultry—Higher; hens, 29c; broilers, 50c; springs, 40¢; Be to 22c, eb a alaty Tribune Want Ads bring results 46c; AMERICA LAST TIMES TODAY OTIS SKINNER In‘ the Great Ten-Reel Spectacle “KISMET” ALSO Prologue 30, 5:00, 6:30, 8:00, 9:30 ....3:30, 8:00 and 9:30 Me. LILLIES OTHER OL hdd de he dhe de de de dhe ded. ded “Seven Years Bad Luck” GRAIN TRADERS | z# .|Arvada, Colorado, widow of a pioneer CHICAGO, March 17.—{U. S. Bu- reau of Markets)—Cattle — Receipts, Hate market slow; opening general- ly st on all grades and classes; calves weak; bulk beef steers, $8.50@ 9.75; bulk fat cows and heifers, $5. cutters large bulk bulls, $5.25@6.25; veal calves slow; bulk, $10.50@11.50; stock- ers and feeders about steady; choice meaty steers, $9.50; bulk, $7.75@9. Hogs—Receipts, 26,000; market ac- tive; opened 10c to 25c lower; later Practically steady with yesterday's average; top, $10.50; bulk 200 pounds down, $10.50@10.45; bulk 220 pounds up, $8.85@9.75; pigs mostly steady; bulk desirable 80 to 120 pounds, $10 @10.40. Shee} p—Receipts, 17,000; early sales choice light lambs to shippers, $10.25: market steady; nothing else done early, talking lower; choice 96 to 107- pound wooled bs late yesterday, $7.75@8.50. DENVER, Colo,, March 17.—Cattle —Receipts, 1,100; market, cows, steady; beef steers, slow and lower; cows and heifers, $5.25@6.50; catves, $10.00@12.00; stockers and feeders, $7.50@8.25, Hogs—Receipts, 2,100; market, 25 cents to 40 cents lower; top, $9.65, bulk, $8.75@9.25. Sheep—Receipts, 5,400; market, tle trading done; prospects lower on lambs; lambs, $7.50@9.00; ewes, $4.50 @6.25. 87-YEAR-OLD WIDOW OF WYOMING PIONEER T0 SURVIVE BAD INJURIES CHEYENNE Wyo., March 17.—Al- though she is 87 years old and sus- tained injuries which would be ex- tremely serious for a person in the prime of life, Mrs, M. E. Stark of ie and Cheyenne educator, who is in St. Luke's hospital at Denver with two broken legs, is expected by attending specialists to recover. Mrs. Stark was injured last Thurs- day, when she was struck by a street car in Denver. One of her legs was fractured cleanly and the other shat- tered: Because of her advanced age it was presumed when she was taken to the hospital that she could not recoved. Specialists called to attend her, however, were amazed by the ex- cellence of her general physical con- dition and the fortitude with which she withstood the shock of the acci- dent and following operation, and now believe she will survive. CRIPPLE PRICES = York Market Develops Into Slump Later NEW YORK, March 17.—Stocks were moderately unsettled in the first half of today’s session but made variable recoveries later when lead- proximated 750,000 shares. The clos- ing was irregular. NEW YORK, March i7.—A mixture of buying and selling orders created of today’s stock market. Oils were strong, particularly General Asphalt and California Petroleum, which soon rose 1% points. Equipment, food, textile and motor specialties also were inclined to improve, but the list react- ea abruptly when Atlantic Gulf dis- Played fresh unsettlement. That stock opened at a large fractional advance, (but extensive offerings soon caused a }reaction of almost four points to the new low of 30%. United Fruit and in- vestment and secondary rails also eased, but local utilities continued to strengthen. Weakness of Atlantic Gulf, which extended its decline to 30%, occasion- ed an outburst of selling in all direc- tions on today’s stock market. Losse of one to five points were sustained during the reaction by other shippings as well as steels, equipments, oils, ties. Foremost among the weaker issues were United Fruit, Replogle and Vanadium steels, Mexican Petroleum, Baldwin Locomotive, American To- bacco, Retail Stores, Goodrich and Columbia, Graphophone preferred. In- vestment rails forfeited 1 to 1% points and New Haven led a similar break among the cheaper rtansporta- tions. Before noon there was a mod- erate rally on buying of General As- NOTICE The Reid Construc- tion Co. Now Located in Room 234, Midwest Building Office Phone 935-J LAST TIM CORINNE AL IRIS ORCHESTRA “THE CALL Holmes’ See Our Phon Paint Window “Seven Years Bad Luck” “IT IS’NT BEING DONE THIS SEASON” A Veritable Fashion Show Combined With a Strong Appealing Story ' A Booth Tarkington Comedy “EDGAR’S FEAST DAY” TOMORROW ‘and Eighth Episode “FIGHTING FATE” Economy Sale Brooms 59c Special Prices on Holmes Hardware Co. ES TODAY GRIFFITH so ADMISSION 30c OF YOUTH” Saturday ‘Aluminum Ware Graniteware Silverware Window e 601 Glass Brushes Uncertainty at Openingi n New) ers were well supported. Sales ap-| ruling rate 7, considerable confugion at the opening | @ motors, tobaccos and obscure special-| phalt and Studebaker. Call money opened at seven per cent. Money and Exchange. YORK, March 17,—Prime mercantile paper 74%@7% per cent. Exchange {rreguler; sterling, de mand $3.90, cables $3.90%. nes, demand 6.95, cables 6.97. Belgian francs, demand 727, cables NEW Guilders, demand 34.25, cables 34.33. Lire, demand 3.87, cables 3.89. Marks, demand 1.68, cables 1.59, Greece, demand 7.52. i Argentine, demand 34. Brazilian, demand 14. Montreal, 12% per cent discount. Time loans steady; 60 days, 90 days Jand six months, 6%@7 per cent. Call money easier; high 7, low 6, closing bid 6, offered at 7, last loan 6. Metals. NEW YORK, March 17.—Copper— electrolytic spot and March, 13 second quarter, 12% @18c. Tron—Nominally unchanged. teady; spot and nearby, 28; $28.5 pot, $5.50. Lead—Dull; spot, $4. Zinc—Dull; East St. Louis spot, $4.75 @4 Continuous 1 to 11 P. M. EXTRA JEDITION Last Times Today CSTR. Marshall Neilan’s “GO AND GET IT” Presents the Most Astounding — Fascinat- ing — Exhilarating and Exciting Picture of the Danger — Romance — Thrills and Mysteries of Newspaper Life Ever Conceived by the Human Brain. 8 YEARS OLD A Thrilling Grab at a Passing Airplane From 60-Mile-an-Hour Train FOR THE LOVE OF MIKE, COME EARLY TOMORROW CLARA KIMBALL YOUNG — IN “The SoulofRafael” ¥