Casper Daily Tribune Newspaper, April 9, 1921, Page 9

FRIDAY, APRIL 8, 1921 MARKET G0SGIP AND. HELD NEWS Today’s Markets by Wire BG GONTRAGT IN STOCK ISSUE __ (Gpecial to The Tribune.) CHEYENNE, Wyo., April 8. are stocks and stoc again day by comparison of the concerns whi tary of state. articles of Both concerns are .—That old saying that “there was progeht to mind Ne ecnes icorporatio t th were filed at the office of the Wyoming, eres capitalized at $100,000, but the capital’stock of one is divided into 10,000,000 shares, ACTIVITY GROWS TN UTAN FIELDS Producers and Refiners’ Geolo- gist Rennes Structures ir Ss 10,000 shares of the stock former. of granted, follow: J. L. Blanche, M. J. Charles B. Knight. The following {tem under the cap- tion “Green River Oll Activity. Grow-| ing,” which appeared in a recent is- sue of the Deseret News published in Salt Lake City thoroughly covers phases of development in the Utah fields up to date: “Oil development activitv is in- creasing here to such ra extent that preparations are being made for a real boom. Marshall Graham, J. H. Mitchell, A. Davison and EB. V. Dunkin. Laramie {Carthy and H. E. Stafford. Louck-Craig agency of ducing companies that so far have real estate, insurance, etc. not acquired lands in the southern Utah fields are headqi here and making examinations of various structures. “F, F, Hintze, geologist fcr the Pro- ducers and Refiners company of Den- ver, which concern has been very suc- cessful in Wyoming operations, ts bere. He has been examining the San Rafael structure this week and plans leaving Saturday for Circle Cliffs with a party ef oil men which will include C. Ray McShane, repre- sentative of the Oil Well Supply com- pany drilling equipment dealers, and) Mr. Storrie representing the Gothberg| interests of Cabper, Wyo. ¥. W Weeks, geologist for the United States Smelting, Refining, and Min- ing company has been examining the Woodside and San Rafael structures. Mr. DeWolf, a national known geolo- gist, who is’examining southern Utah structures. for large operatorsi, has taken permanent rooms at the hotel here indicating that he will make a stay of some length in this district. “The first rig for San Rafae! t> be moved out:of Green River is being unloaded today for the Henry <A. Schweikhart interests. He is manager of the Salt Lake Hardware company. The outfit, a 24 Star, will be hauled through Black Dragon canyon, ac- cording to J. L. Humble, who is in charge, and who will make Green River his headquarters, “The Ohio Of] company wif. put # new truck in service this week for operations between Green River and Cainsville and Circle Cliffs, The Elk Basin company, a big Wyoming in- dependent producer, is expecting a standard rig here this week for Circle Cliffs operations. The Circle Cliffs Ofl company also has a rig-en route tyre. for Circle Cliffs. The Circle Cliffs road is being built by the Ohio Oil and local community interest. A new route to the Black’ Dragon canyon is under construction which will fur- nish a road on which there is no e1n4 and will cut the distance so that autos will be able to go from town to the mouth of the canyon in not more than 45 minutes’ time. Grading of this road is’ to be done on through the Swell so that it will be the main high- way to most of the swell, Cainsville and Circle Cliffs: 4 “In anticipation of the activity which is now getting well under way the Midland hotel will set up two carloads of tents just north of the hotel to. take care of newcomers. ‘The hotel is now filled to capacity every night.” EXPLORATION WORK HY SPAIN 15 PROJECTED MADRID, April 8.— Intensive search for petroleuth in the vicinity tors A. K. Craig, H. 4, George W. Perry. OW Roads Projeted. of working out the scheme. The society have already already indicated such plan that one day of his time. Materials Out of Storage. mediately into service in the Utah fields by the Ohio Ol! company, mie for Green River. were taken with the shipment on order. and other equipment. This’ cle Cliff indicates that the Utah New Leases on State Lands. A‘ L. Garber, Big Horn, all of 57-87. Vie Willits Garber, NEXNWH, SUNWK W%4SE% of 28-58-87. 57-87. Angeles, Cal.,-all of 36-25-80. H. J. Cushing, Casper, Wyo., all 36-33-75. all of 36-20-104. Spain is planned by the Spanish gov- Explorations Reports ernment, Juan de la Clerva, minister * & Bh of public works, told the chamber of Wyoming Msp Blue deputies yesterday. : ebiachpel P. K.' Nelson of Kankse Dity, Mo., is spending the week here looking after busin interests. Eneland’s Cash Grocery Specials for Saturday and Monday 2 1b. Advo Coffee ____.--------------97e 2 Ibs. White House Coffee_____-------97e No. 2 cans Standard Corn, 3 for__------37¢ No. 2 cans Empson Tomatoes, 3 for__-_37e 1-gal..can Apricots ih a de 1-gal. can Sliced Peaches ________----75c 1-gal. can Solid Pack Apples -_------_68¢c 1-gal. can Red Pitted Cherries ---_---$1.27 1-gal. can Loganberries pounce a total 9 1 yf 2 cans an ey oe ie SE a 2.cans Yellow Free Peaches -_-- al 2 cans Del Monte Sliced Peaches______79e 1 1b: No Vary Teas 88e! 1 Ib. Hershey's Cocoa_. see Oe 1-Ib. jar Paul’s Jam sp —---------49¢ We Handle Fresh Meat and Home Made Bakery Goods Free Delivery Phone 1607-W Articles of incorporations filed, and B. Gross & company, furs, hides, tallow, etc., an Illinois corporation, filed certified articles of incorporation. It is capitalized at $25,000. The Wy- oming office is at Sheridan and the agent in charge thereof is Bert Gross. Making plans for a fuii vo-operative basis of developing roads and install- other necessities for the proper development of the Utah oil fields, several of the leading oil companies, haying holdings in the Utah district, have called a meeting for the purpose vitation is general to all interests hav- ing holdings in the western district. Many members of the engineering volunteered their services and enough men have the rbads between the oil fields could be completed under engineering sup- ervision with each man devoting only Bight carloads of extra material which had been in storage in the Rock River field will be impressed im- cording to word received here yestef day that the shipment had left Lara- “Over two dozen big field storage tanks which were used in the develop- ment of an Ohio hole at Rock River emergency In addition there were eight truckloads of small t6ols report taken in conjunction with recent statements that the Ohlo company had encountered oii at Cir: fields are now in the proven class. Big Horn, 8% Big Horn SW%, The True Dome Of! company, Los Ct cats aig 1 ——-Subdsecribe for The Tribune-——— _ Oil Expe-ts ot Soria, Burgos, and other points in|{ Oil Field Maps Blue Prints P. O, Box 325 Rm. 16, Lyric 2 cans Del Monte Apricots-_______--.69¢ > while sthat of the other represents only 1,000 shares. Granting, merely tor sake of illustration, that the stock of each 1s worth par, one share of the stock of the latter company is worth the Texiana Oil company of Cheyenne, capital stock $100,000 divided into 10,000,000 shares of the par value. of 1 cent, directors F. M. Gill, C. M. Kaufmann, H. M. Clark, A. I. Scheier, Walsh and Riverton Elevator company of Riv- erton, capital stock $100,000 divided into 1,000 shares of the par value of $100 each, directors William Madden, c Construction company, capital stock $25,000 divided into 500 shares of the par value of $50 each, directors E, Stendahl, E. J. Travis, Alfred Nelson, C. M. Knadler, F. W. George, J. A. Carlson? William Mi Sheridan, capital stock $10,000 divided into 100 shares of the par value of $100 euch, direc- Loucks and Torchlight Elk Basin Lander —-—------_—. Four Oil Company al Spider district. The California is by ag.) factor in the vill business here. California. Judge Bagby has S| new firm, “. Gesides the holdings of the of tools, the campany has about ofl gieted a deal whereby it will 16: This activity for the Pine Mountain of mits upon several sections of situated squarely upon the top of the dome and these permits were the « Jones known to have beer "granted out: ‘T. J. Palmer, Sheridan, N% of 22-|27\ Side the Salt Creek area by the ernment so far. of Robert M, Anderson, Rock Springs, CHARLES J. STONE Petroleum Geologist Reports and Surveys WINNETT, MONT. A carload of trees and shrubs be received about April 18 from Colorado Nursery Co, washer od. able.. 9x12 Rag. $3. and Carpet Cleaning Co. Shankle & Edwards 550 H St. FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bldg. Phones 203-204 09 -00 35) WYOMING CRUDE OIL MARKI- Grass Creek ————--——-__--_-$1.15 ; Rock Creek ——-—_-_______-$1.50 Greyoal> a Lance Creek -————-—-—-—- POISON SPIDER HOLOINGS SOLD California - Wyoming Syndicate Buys- Out Interests of Big The California-Wyoming syndicate has taken over the entire holdings of} the Big Four Oil company, that for- merly was operating in the Poison posed of capitalists who Were inte> ested in the Eig Four here and the merger is the result of en effort to make the Big Four and California a - The representative of the California men, Judge Bagby, fic that stato, is in Casper: end will lave charge of the runnins of the affairs of the ranged to locate his family here and will shortly open an office for the ornia outfit in the Poison Spider where two producing wells are lo sated and equipment for two strings ontrol of considerable land in the last moye presages copsiderable for the coming season for the Evans Ol corgoration has been allowed per- The Pine Mountain dome has al- ready been proven as being an oil trea through the weils drilled by the ‘Wyoming Exploration and the Mosh- " ‘Take Notice—Trees and Shrubs’ All work for and de- North Casper Rug Ph. 490 “he Casper Daily Cribune GAA TRADING | IS DEPRESSED | | {Industrial and Crop Conditions Have Bearish Influence in Big Market -$139.00 $141.00; CHICAGO, April 8—Bearish iridus- 2.50| trial and crop conditions tended: to- 3.00 | day to depress values in the wheat Wyo-Kans. . ....... 1 | Wyo-Tex. .. --.. 4 2 $2 a { to 15 cents lower; lights and mediumsWnoney rates and the critical British later steady; others 10 to 15 cents low- er than yesterday's average; top $9.75; (bulk 200. pounds down $: 12.00| market. A house with southwestern 1.75 |connections was conspicuous in the 31.00 | selling. Bulls, however, contended .62/that the difference of present grain| 5.75 | Prices from those of a year ago had} |more than discounted all weakening factors. Opening quotations which varied from unchanged figures to %c lower, with May $1.35% to $1.26 and July $1.12% to $1.12% were followed by numerots minor changes, mostly below yesterday's finish. Gossip later that exporters were of- fering. to resell led to increased pres- sure by the bears. The close was nervous, le to 2%c net lower with May $1.34 to $1.34% and July $1.11, to $1.12. Corn was easier with wheat. After opening unchanged to %c higher, in- cluding July at 64%c the market un- derwent a slight general sag. Scantiness of receipts. operated sub- sequently as-a check on the bears. 08S. O: Indiana 2.0. 4 NEW YORK STOCKS Al/Mexican Petroleum ..$139.25 Sixclatr Ol . 23.62 245 Texas Oil . . 00 Pan American Pete.. 69.00 U. S. Steel s: 81.12 Union Pacific R. R.. 116.12 FOREIGN EXCHANGE $137.62 22.87. 40.75 68.25 86.37 126.50 D Preliminary rates of exchan; on ‘ablets er Granules) The close was unsettled, %4@c to|50c lower; lambers, $7@8.75; ewes,| London were moderately ier AM . %c net lower, with July 63%c to $4.75@5.50. / ‘The market settled down to Its dull For INDIGESTION 63% @62%4.c._ Spree ain, routine for the balance of the fore- Oats duplicated. the action of other Hun er Strike noon; dealings steadily diminishing. With or without waters cereals, starting a shade to %c ad- g Further price changes were mostly bacasisser deo cree: vance, July 39%c to 39%c and later declining a little all around. Lower quotations on hogs deprived the. provision market of support. Closing Quotations. CHICAGO, April 8—Close: Wheat—May $1.34, July $1.11%. 1.75) Salt Creek Leo Corn—May 59%c, July 63%c. 1.75| Big ‘Muddy —--____ 1.40] ‘Oate-May 37%40, July 38%c. 5 | Pilot Butte .. 140 Pork—May $ 5, July $16. 0} Hamilton Dome 140 Lard—May $9.97, July $10.40. 65| Mule Creek —-—-— —a---- 96} Ribs—May $9.20; ‘July $9.60. white sacked and bulk, 80@90c ewt; new. Florida . Spaulding: Rose No. 1, $9.00@$9.50. barrel; No. 2, $3.00@$8.50 barrel. OIL LAND SALES - NOT RECOGNIZED Tabasco Contracts Must Have Approval of Department of MEXICO CITY, April 8.—Contracts forthe lease of oii lands in the state of Tabasco, will not be recognized b) the Mexican government unless théy received the sanction of the depart ment of.commerce and industry, says an official announcement issued here ‘This statement was a result of great excitment over the discovery of oil in Tabasco, and a rush of oper- ators-to-that district. Most of the leases already made have been given foreign of! men and confer rights to A ee A’ survey of the wages of 4,322 women employed in commercial ;and industriai pursuits in Colorado has Hisclosed that 13 percent of those em- ployed receive less than $12 a week and that 50 per cent receive less than $15. ids, Seba «EAS, Mrs. A. Quackenboss of this city is visiting with friends in Cheyenne. PHONE 182M and your laundry will com- ar- Call- com- have the subsol. presenting problems much be called for and h tered 1, troleum °. Bavecrnl eases tbe Wace delivered field, : noacia “petroleum — discoveries have been made in Tabasco, it is re- ported, end the Exceisior says that at Frontera, the prinicipal port of the state, there are enacted “scenes simi- ler to those in the Klondike rush when the gold rush was on.” Pearl White Laundry Co. field land only Bov- ry of Parts i Periection of Operation We know that underreaming can. be done for less! y with a Swan Underreamer than any other. it one from any one of our stores. rid eport [Machine Co. HUTT | Ft. Worth, Texas Livestock M CHICAGO, April 8-—(U. 8. Bureau of Mirkets}—Cattle—Recelpt, 4,000; generdlly steady on all grades and) |classes; choice 1,487 pound steers for Jexport 29.00; bulk $7.75@$8.5 butcher cows and heifers $5.25@$7.25; canners $4.00; bulk Bologna bulls $4.25@$4.50; bulk beefs bulls ~ $5.00@$6.00; calves’ mostly —$7.00@$3.00; $7.75. 25; pigs 15 to” 25. cents lower, bulk desirzble $9.5C@$9.75. Sheep—Recetpta, classes opened slow, generally steady, no choice light lambs sold early; good 77 pound - wooled™ lambs ‘$9.35; shorn’ lambs early’ $7.50@$8.50; good to choice 97 pound shorn lambs $7.00; s00d 100 pound shorn ewes $5.75. ENVER, Receipts, 300; market steady; ‘beet ‘steers, §7@8; cows and heifers, $5@7.50; stockers ‘and feeders, -$8@7.75; bulk, $3.75@5, Hogs—Receipts,- 300; lower ; top, $8.60; bulk, $8@8.60. Sheep—Recetpts, 7,000; market 25@ Survivors Are ‘CORK, Ireland, April 7.—Nino sur- vivors of the famous hunger strike conducted in the Cork jail by Sinn Fein prisoners last autumn have been removed from the jail to. the. deten- Provisions. tion barracks connected with military ] polly lpstre ea pape sag exean| CHICAGO, April §—Butter—Lor- Pea rar ares Tis stoty-was taken by Silver. ind tional lubricating qualities nd this|& creamery extras, 46 cents; stand-| the author! because of the sensa-} xew YORK, April §.—Bar silver, Win OWS fact had probably ‘led té the ‘comity ards, 43% cents. tonal attempt about two weeks ago domestic 99%c; foreign, 67%c. of the California company into the| _©sss—Unchanged; receipts, 19,925] t0 Tes gpa sa 2b thes Vina Mexican dollars, 44%4c. | ae i cases, yA es es Poultry—Alfve, higher; fowls, 31%c;| , Mr. and Mra. James Harden of Los Metals. | springs “33c. Angeles, Cal., are visiting here with N YORK, April §. TRY THE. TOUCH Mrs. Harden's sister, Mrs. H. F. Hedy yt .——Copper— S turda ington aeteior tepiay at tis: Caner Potatoes. Smith. ‘They will remain here for Sa Soe se and nearby, a y Biktionery compan 46-5t|" CHICAGO", "April 8.—Potatoes—|®°veral months, is , Weak; receipts, 60 cars; Northern —$<$<—<$————_—- | Better roads carry prosperity’s Joad. USED 5()YEARS AS A TONIC Write for our interesting free boohler Swift Specific Co.. DepLB-Atlantay Gang LONE AGE NINE Iron—Nominally unchanged. $ Tin—Easier; spot and nearby, ected | 75; futures, $29.50@30. ; timony—Spot, $5.12@5.25. 5 ~~ Lead—Dul; spot, $4.25. Zinc—Quiet; East St. Louis spot, $4.65@4.70. , REACTION HITS MARKET AGAIN Upturn in Money Rates and Brit- ish’Crisis Contribute to Uncertainty eet Money and Exchange. NEW YORK, April 8—Prime mere cantile paper 744@7% per cent. Exchange, “weak; sterling, demand 93.88%; cables, $3.89%4. Francs, demand, 7.01; cables, 7.03. bulk) and cutters. largely $2.50@ veal, stockers Bel; z feeders largely around $6.50@ ROT eS Ce ie Pe = NEW YORK, April 8. — Higher |@O)0 732 f Hogs—Receipts, 22,000; opened 10| industrial situation precipitated ~eagre demand, 34.55; cables, Lire, demand, 4.33; cables, 4.35. Marks, demand, 1.60; cables, 1.61, Greece, demand, 7.14. Argentine, demand, 32.25, Brazilian, demand, 14.00. s Montreal, 10% per cent discount. ; ‘Time loans, easier; 60 days, 90 days, six months, 6%@7 per cent. = Call money, firm; high, 7; low, 6; Tuling rate, 6; closing bid, 6; offered at, 7; last loan; 7. a Walter H. Rose, one of the phar macists of the Casper pharmacy, is confined to his home by an illness. Mr. Rose left his work last Friday and has not returned to the store as KI-MaiDS industrial situation _ precipitated further selling in the stock market ; today, leaders reacting 1 to 3 points. Sales approximated 350,000 shares. The closing was heavy, NEW YORK, April 8.—Recent re- actionary tendencies in the stock mar- kgt. were again observed at. the hesi- tant opening of today’s session. The sudden uprush of money rates in yes- terday’s final dealings and overnight advices regarding the ‘British indus- trial crisis prompted further caution. Reading, Royal. Dutch, and United States Rubber were strong, gaining 1 to 1% points, but other prominent issues were lower by fractions ‘to 1 point. International Harvester . and Virginia Carolina Chemical wer espe- cially heavy ‘and’ Mexican Petroleum, General Asphalt and American Smelt- Ing denoted renewed selling pressure. ‘7,090; killing bulk Colo., April 8.—Cattte— slow, about calves $10@12; market (10c downward, steels and minor rails showing increased depression. Cruci- bie, Lackawanna, and Republic steels averaged 1 point losses, while Har- vester and Texas& Pacifis lost 1% points. Pennsylvania at 33% recorded a new low for many years, Trading was restrained by the grave character of advices from London and uncer- tainty as to local money conditions. Call loans opened and renewed into next week at stx per cent, as against yesterday's final rate of six and a half. QUICK RELIEF! Price, 25-50-754 MADE BY SCOTT & BOWNE MAKERS OF SCOTT'S EMULSION 1: Out of Prison Watch Our Specials MOTHER’S FRIEND USED BY THREE GENERATIONS Write for Booklet on Motherhood and the Baby, Free BRADFIELD REGULATION CO, Dept. 5-D, Atlanta, Ga. Casper Pharmacy 111 E. Second If You’re Tired of Work HUT Why Wonder! It Is Easy to Explain Goods Bought at Right Prices Are Easy to Sell That’s why we had the big crowd taking advantage of our Suits and Furnishings Specials If you did not get yours, come in at once. You can- not afford to miss it. Think of it, an All Wool Suit, well made and up-to-date in style. They are divided in two lots from which to Make your choice. LOT 1 LOT-2: $21.50 $2650 SPECIAL IN FURNISHINGS A'Black and Tan Hose, dou- Blue Chambray Work : Shirts, full cut and ble heel ae Mio colors; fest colors $1.25 ae A big lot of Dress Shirts, } Blue Buhle Uae Made worth up to $2.00 95c A heavy Black Buck Work Canvas Gloves, Shoe; solid leather t pair Star Clothing Co. | | Successors to J. L. Learner 260 South Center LOTT $1.15