Casper Daily Tribune Newspaper, April 22, 1921, Page 5

) jat 6% per cent, emthough lending af ap aet ace ‘ . SAL JUNE 15; POISON SPIDER INDEFINITELY POSTPONED Government Royalties Are Increased on|i=% Inside Tracts and Reduced for Those on Edge of Water Line The sale at public the Salt Creek oil field, tence partment and re Under new regulations affecting the the tract is divided into 16 “‘in- units of approximately 160 acres on which the government will royalty of one-third of all oi] produced, and 25 “edge” tracts on which the royalty ‘will be 25 per cent. In original notices which were with- drawn ‘the royalty had been fixed at 30 per cent for the entire acreage, There is a limitation of 150 acres to h purchaser, individual’ or cor- porate. A special representative of the gen- eral land office will conduct the sale. CONSOLIDATED DIVIDENDS GROSS === MAILLION MARK ON LAST PAYMENT === of oil field, twice presenting th: leases on bi separ yt land office, where Notice of the gale will, according to the instructions from Washington, be published for four weeks prior ta the sale in several papers in different sections of the country, The land office will in @ few days have on hand a Umited number of lists of the leasing units and small plats showing same, for distribution, ‘ At the same time announcement is Tmade that the sale of ofl leases in the Poison Spider field, west of Casper, advertised for May 6, has been post- poned. The sale probably will be held up only until the Salt Creek leases are disposed of, in local opinion. acres in interior de- under Stockholders of the Consolidated Royalty Oil company, who received their regular qui $1,051,500 in cash dividedds arterly dividend today, received in 14 quarterly payments since January 15, 1918, or 38 per cent on the rar value of the original stock. In addition to this the stockholders have had the benefit of three 10 per cent stock dividends. ‘With this rate of payment and taking into con- sideration the present market price of je stock, nominally quoted today at $1,30, an original investment, in which the stockholder held his stock from the start of the company until the present time, would have earned ap- proximately 100 per cent. The history of the success of the ments in the oll game of central Wyo- ming and gives credence to the belief that an oil company properly handled is one of the safest and best paying in the investment markets of the country. The company was incorporated Sep- tember 17, 1917, for, the purpose of buying ‘Foyalties and interests in proven oi! structures. The capital was 5,000,000 shares and a nucleus for the present company was through stock purchase of the Royalty Oll company, Royalty com- pany, the Grass Creek Oil and Gas company and the controlling interest in the Stock Oil company, <All the stock of the first two companies and 89 per cent of the Grass Creek Oil and Gas company was purchased out of 2,000,000 shares of Consolidated set aside for that purpose. After this deal was prefected, 1,000,000 shares of the capital stock was disposed of to provide working capital and to se- cure agaitional royalty interests. BY company paid its first quarterly divi- dend January 15, 1918, Having ® fund that permitted the company to enter the open market at @ moment's notice to purchase ofl lands or royalty interests, together with conservative management and small operating expenses, the com- pany was enabled to maintain its suc} cessful strides until at the present time it is considered one of the strong- est organizations operating in the ‘Wyoming fields. The last dividend of the company, mailed today, amounted to $117,000 and was distributed to over 2,000 stockholders of the company, During the entire first year of its dividend paying existence, Consoli- dated Royalty paid $230,000. The next year, due to the issuance of a 10 per cent stock allotment, the cornpan: ‘pald $245,600, In 1920 the total divi- dends paid amounted to $346,500, and the 1921 rate will be approximately a half-million dollars. There was a free stock dividend of OPULAR UBLIC 10 per cent on January 15, 1821 and previous to this time stockhi were given the privilege of subscrib- ing for 10 per cent of their holdings twice, on April 15, 1919 and January 15, 1920, Over 95 per cent of the bona. fide stockholders exercised their pur- chaso privileges for these allotments. After the payment of the stock div. idents and the issuance of the original stock for financing, over 1,000,000 shares of stock now remain: in the treasury. ‘he company has never sold stock except to allow stockhald- ers to participate in two 10 per cent subseription rights. One of the reasons for the success of the company has been the fact that expenses have- ys been at a min- imum. The expences of the first fout teen months amounted to a little over $5,000, or 1 per cent of the capital. In 1919, the expenses. were $9,200 or less than 2 per cent, while in 1920 the expenses were $17,573. To offset this the interest earned on daily bal- ances in the banks amounted to $17,- 200, or virtually enough to pay the entire expense for 1920. ‘The owns large royalty in- terests in the Salt Creek, Grass Creek, Big Muddy and other fields in Wyo- ming, and holds valuable properties in Eastland and Stephens counties, Texas, and royalties in Oklahoma and Montana fields, In January, the company purchased the Of} Exchange building, the con- sideration in the transfer being esti- mated at $250,000, The object of this purchase’ was to make the buiiding, which has been renamed the Con- solidated Royalty building, the per- manent home of the company in Casper. The company has $725,000 cash on hand, after paying this quarterly divi- dend, and intends to take an active part in the future ofl development in the Rocky Mountain states. As most of its stock is owned by Wyoming people, its regular dividend distributions have aided in building up many industries, especially in Casper ¢ CARD OF THANKS. I sincerely thank the Moose lodge cia ages aaa es ol + de follermakers' 1 at No. 506 and friends . J. J. SMITH AND DAUGHTER, FLORENCE. Today’s Markets by Wire | FURNISHED BY TAYLOR & CLAY _ Ground Floor Oil Exchange Bldg. Phones 203-204 04 Wyo-Kans. . Western Oi! Fields . Ve gen EN ee as! $144.00 $146.00 2.00 3,00 2.00" 2.50 12.00 12.60 1.60 1.62 13,50 13.75 43 50 4,37 4.62 5.50 5.75 950 + 9.62 25 50 87 1.12 2.87 2.39 14.75 75,00 STOCKS. $143.75 24.87 42.25 Western States . , Prod. & Refrs. . Cosden . . . Bik Basin . . NEW YORK Mexican Petrojeum Sinclair Ol . . Texas Oll.... \ Pan American Pete 70.25 U. S. Steel. ..... 80.50 Union Pacific R. R. 115.25 FOREIGN EXCHANGE Sterling . . tes Great Western Petroleum Hutton Lake. . tnd 48... - Ist 448 + ond 4%s. . 6) 3rd 4448. . 16) Big Muddy 1.%6) Pilot Butte 1.70] Hamilton ——-----—--- -65| Mule Creek ~~ SSNARKET GOSSIP AND FIELD NEWS PIPELINE RUNS ARE INCREASING Wyoming and Montana pipeline runs for the week end- ing April 9 showed a slight increase over deliveries of the pre week, according to the weekly summary of the American Petroleum institute, while gross crude production in the United States showed a decrease. Daily runs in the country at large averaged 1,258,910 barrels for the week ending April 9. and curb markets 1s encouraging to Estimates of daily average produc-| oj}. investors of the Rocky Mountain tion of the Wyoming and Montana!region, who see prospects of steady fields is reported as follows: improvement in the market for local April9. April2.|issues, The extreme slump in the 28,100 26,100) price of of] early in the year had its 5,300 600 origin in Pennaylvania crude, which 2,600 is considered the barometer of oi! GRAIN MARKET 5 IRREGULAR Breaks and Bulges Follow in Succession in Chicago Trading Today CHICAGO, April 21—Breaks and bulges followed cach other rapidly in| the wheat market today without last- ing advantage on either side. Sellers based their opinions on skepticism as to the real damage to domestic crops and on bearish views of the industrial situation. Bulls contended that prices were already 80 low as to be attractive to importing countries and to invest: ors, Quotations opened unchanged to Mc higher with May $1.25 to $1.26 and July $1.05% to $1.05% and with ensuing changes covering a range of about 2%. Toward the last the market ad- vanced owing more or less to signs of export business, The close was firm, %c to 2c net higher, with May $1.27% to $1.27% ang July $1.06% to $1.06%. Corn was easier in the absence of any fresh export call, After opening Yc to Je lower, including July at 61%e to 61%, the market receded a little more and then showed some- thing of a rally. It was Salt oficings had slightly increased from Indiana and TIilinois, the close was unsettled at the same as yesterday's finish, %¢ lower with} July 61%. Oats paralleled the action of corn, starting unchanged to ‘sc lower, July, 38%c to 39%c and then under- going a moderate general sag before beginning to react. Provisions went lower with hogs. Closing Quotations. CHICAGO, April 21.—Close: Whea May, $1.27%; July, $1.06%. Corn—May, 59%c; July 61%. Oats—May, 37%c; July, 39c. Pork—July, $15.65. Lard—May, $9.50; July, $9.92. Ribs—May, $8.77; July, $9.15. [ slow; Livestock Meri | CHICAGO, April 21.—{U. 8. Bureau of Markets)—Cattle—Receipts, 12,000; beef steers and butcher she stock senerally steady; 676-pound baby beefs, $9.50; bulk beef steers, $7.50@8.50; bulk butcher she stock, $5.50@7.50; bulls strong to 26c higher; bulk, $5.50@6.50; veal calves lower, bulle to packers, $7.00@8.00; stockers and feeders, weak. Hogs—Receipts, 36,000; mostly 25c to 0c lower than yesterday's aver- age; some lights and light butchers otf more; top early, $8.60; bulk of sales, $7.85 @8.50; pigs, 50c ta 65c low | 3 bulk desirable 90 to 120-pound $8.25 @8.40. Sheep—Receipts, 18,000; best lambs mostly steady; others 25c lower; shgep steady; wooled lambs top early, $10.85; bulk, $9.75@10.50; sbor ntop, $10.00; bulk, $8.75@9.50; choice 150-pound shorn ewes, $6.35. Provisions. CHICAGO, April 21.—Butter—Un- changed. Ege first, at mark, cases included, 22¢@2ic, Poultry—Alive, lower; fowls, 28%c springs, 34c. DENVER, Colo,, April 21,—Cattle— Receipts, 600; steady to weak; beef steers, $6 3; cows and heifers, $4.50@7; stockers’ and feeders, $5.50 @7.25; bulk, $3@4.75. Hogs—Receipts, H top, $8.95; bulk, $7.25@7.75. Sheep — Receipts, 6,800; 15@25c lower; lambs, $6@7.40; ewes, $4@$5. tie Paha Red bates Three Days Grace. Maggie's sweetheart, a proverbially tight-fisted Scot, had taken her out for the afternoon, and that was about all. They rode some distance on the trolley, turned around and rode home again. Never was mention made of food or entertainment. Fook within her own gateway, Maggie, who had keenly felt the ne- et, sarcastically proffered Sandy a lower; ‘or the carfare you spent on .”" she said meaningly. “Hoots, toots, woman,” returned Sandy, pocketing the coin. “There was nae hurry. Saturday wad hae been time enough."—American Le- gion Weekly. Potatoes. CHICAGO, April 21.—Potatoes—Re- ceipts, 37 cars; old, steady; Northern White, sacked, 95c to $1.05; Bulk. $1@ 1.10 cwt.; new, dull; Florida No. i, $7@7.25 barre! $5@5.25 barrel. poet Nl LA Must’ Go One Better, “What a beautiful ring!” “Yes,"' said the girl, “It was an en- gagement ring, but the engagement is broken.’ ’ “Aren't you going to send it back?" “Of course. But I want to keep it long enough to let the next gentle- man see what he is expected to live up to.”—Boston Transcript. __~-— Well Versed. The new stable boy was shown around the stables, With a great show of interest he quietly asked which part of the horse's body had most strength, The English farmer looked the boy up and down, and then replied. “Surely, boy, you know that horse's main strength is in its bones: Instandy the new boy replied: “Then our horses must be all strength!” He was fired on the spot—Chrn- icle-Telegraph, being “Please See 5,700 prices, and Wyoming producers are 7,500 looking for an increase here with 2,450 further improvement. Midsummer Madness Don’t” Total, Wyoming -- 51,560 MTT Montana— AHURA Cat Creek ---...--. 2,400 " Total, Wyoming and Montana --~--~---- 54,080 Fuel Oi! Consumption. Public utility power plants tn this country consumed 897,357 barrels of fuel ofl gpd 1,721,191 cubic feet of nat ural gas during the month of January in the production of electric current. ‘These figures show a slight reduction in the amounts of such fuels used for’ this purpose when compared with Depember. These plants also © con- sume great tonnage of coal and con- siderable water power in meeting the public's requirements of electricity. Crude Market Encouraging. Recent increases in the, posted prices of Pennsylvania crude oils to- gether with the sharp upturn in ma- jor olls on the New York exchange ORARLES J. STONE Reports and Surveys WINNETT, MONT. 10c Dance I ONITE | | | What It Will = It will give | If you are It will save SCHEMBECK Humphrey If you are cold, chilly or wet, Do-- Radiantfire © our room with glowing radiant heat in one minute after lighting. Palanpengeek it will warm and dry you in one minute. ‘ou the greatest joy and comfort you ever had in your house. ick, it is better than a doctor in your house. firing the furnace for two months in the fall and spring. Lower, receipts, 22,994 cases:| ? 4%; ordinary firats, 19¢@20c; 5 per cent in th ditede market. Silver. HAIL (QUE [Gees NEW YORK, April 21—Coppet— Steady; electrolytic, spot and near by, Delaware, Lackawanna and pat lela i a pq ae by, Western Climbs 14 Points; | $30.75@31; futures, $075. Oils Still Strong | pe isan pierre oe jyae—Firm; Bast ‘st. Louis spot |$4.85@5. NEW YORK, April 21—Trading tn Antimony—Spot, $5.12@5.25. the stock ‘market today was quite ac- tive and broad, but price tendencies. save in the speculative olls and ob- scure specialties, were mainly lower. Sales approximated 660,000 shares, The closing was y. | | Money and Exchange. | NEW YORK, April 21—Prime mer- cantile paper, %@7% per cent. Exchange— Heavy; sterling, |mand, $3.92%; cables, $3.9314. Francs, demand, 7.27; cables, 7.29. Belgian francs, demand, 7.38; cables, 7.40. Guilders, 34.72, Lire, demand, 4,78; cables, 4.80. Marks, demand, 144; cables, 1.45. Greece, demand, 4.65. Argenting, demand, 31.87. Brazilian, demand, 14.00. Montreal, 111% per cent discount. Time loans steady; 60 days, 90 days months, 614@7 per cent. Call money, firm; high, 6%; lew, |6%4; ruling rate, 6%; closing bid 644; offered at 7; last lo 6%. peat are aX tk Down to Date. “How was the amateur de NEW YORK, April 21.—A 10 point advance in Delaware, Lackawanna and Western shares, based on the an nouncement that the interstate com. merce commission has authorized a $45,000,000 stock dividend, was the landing feature at the opening of | 's stock market. In the indus-| trial division, however, declin the rule, especially among demand, 34.62; -cables, Dutch and Ameri Sugar soon reacted 1 to 2 point Standard Ot! of New Jersey forfeited 5 points of its recent substantial rise. | Delaware, Lackawanna and Western | extended its gain to 14 points during the morning on today's stock market,|anee of Macbeth?” and Kansas City Southern also! “Not so bad.” strengthoned but, rails and steels gen-; “And how was the erally showed little support. Food | scene?” res were heavy, especially Jewel] “Strictly up to date. Lady Macbeth Tea preferred, and Food products. | carried electric flashlight instead Olls continued to feature the construct-|of a candle.”—Age-Herald. ive side of the market, notablly low. —— The Certain Test. priced issues such as Cosden, Union & White, as well as Phillips Petro-| Mr. Crawford—I know there's @ leum, which rose 1 to 8 points. Mis-|mouse hole in the room somewhere, cellaneous issucs, include American |but I ean't find it Ice, National Biscuit and Adams Ex-} Crawford—Let me drop a collar but- Press, also gained 1 to 3 points. Call'ton on the floor. It will be sure to money on the exchange again opened rol! in.—New York Su: perform- sleep-walking Justice Preamble to the Constitution of the United States: “We, the people of the United States in order to form a more perfect union, establish Justice, insure domestic tranquility, pro- vide for the common defense, promote the general welfare, and se- cure the blessings of liberty to ourselves and our posterity, do or yen bog establish this constitution for the United States of ica.” Let's review the case against myself. I adjusted the spinal col- umn of sick people. If I had failed to bring results, I would have had no business and no action would have been taken. The great crime was that the sick got well under my care; more patients came to me; the physicians’ business suffered. Then it was that the autocracy of medicine, donned its well worn mask of benevolence, its threadbare cloak of. public welfare, and had me thrown in jail; for what? For making the sick well contrary to medical laws, made by medical /men. No evidence was produced at my trial that I had ever harmed any patient with Chiropractic adjustments and I had hundreds who were willing to testify that they had received great benefits at my hands. However this testimony was not allowed. The medicul trust had seen to that. This is the supreme laugh on a Free (?) people; the crowning exploitation of the common rights of your neighbors and mine; the most profound prostitution of world-old science on the altar of rotten commercialism. Tho end is not yet. The medical fraternity has yet to learn that there are 110,000,000 reasons why life, liberty and the pursuit of happiness cannot be subservient to the private gain of any single class. ‘Three months in jail for making the sick well. And this in tho land of freedom for which your forefathers fought and died. Wake up Wyoming. Show the medical trust that though this is the wild and wooly west it is still a place where justice cam and will be secured, Dr, Benjamin Rush, one of the signers of the Declaration of Independence, once sald to Jefferson. “The constitution of this republic should make special provision for medical freedom, as well as religious freedom. To restrict the art of healing to one class of men and deny equal privilege to others will constitute the bastile of medical scierce. All such laws are un-American and despotic. They are fragments of monarchy and have no place in the republic.” The following is what others srx of their own profession: CONTRA-MEDICAL AND SURGICAL. Dr, Abernethy, of London, says: “There has been a great in- crease of medical men of late, but upon my life, diseases have in- creased in proportion.” Prof. J. Rhodes Buchannan, M, D., of Boston, Medical Author, says: “Of all known sciences none have been more unstable, con- fused and contradictory in doctrines than Medicine, Not only is it changing from age to age, and even from year to year, but on the very same day, if we pass from nation to nation, from city to city, or from one medical school to another located in a neighboring street, we find the most contradictory doctrines taught with dog- matic’ confidence at the same hour, and the yotaries of each ex- pressing no little contempt for the others.” i Br onary. iC Bostwick’s “History of Medicine” says: “Every dose of medicine is a blind experiment on the vitality of the patient.” CRIT RL ie Ci “Drugs, with the exception of two, are valuciess as cures.”—Dr. (Himself) At the Piano Penta hetwies’” ve eyes apy aps " f eine: see Nonta en hihnace once. Frank Billings, president of the American Medical Association, 1903. You can run it two days for the co : se : urns s, and costs one cent an hour to run. P ay Aneel: PR ETAe eaas it a phd ee oe times more heat than any other Gas Fire. pation eee Cox, M.D. af New Riera) Modical College, test Musical Numbers Tt is absolutely and positively odorless. y veamsout dust, dirt or ashés, APT ARCO SO ildest f a perfect fire. KUM, IF YOU pa sls Pl hogs: ppeane eae than all these. sclonce (ot medicine is founded on conjecture and’ improved by- DON'T DANCE” |||E . ° a y Dr. Oliver Wendell Holme: “The disgrace of medicine has been Plenty of High- Why It Does It-—- a Ee y that colossal system oe be nga nab cast soationce to whieh pe tied 1 , the ent js of ani- ‘ Because of the high flame temperature and intensified combustion made pos- bare heen xa S a " ' sible by our wonderful new safety burner, thrust down the throats of hnman beings suffering from some fault Because this incandescent mass throws out pure Radiant Heat waves all over Dr. John Marshall Hall, ¥. R, S.. says: “Thousands are annually a perfect Hygienic Fire and wonderful for a sickxvom. PUBLIC BE DAMNED i‘ not a competent physician. No conciliatory attitude is to be adopted No Dirt, No ‘Ashes, No Noise, No Bother, Perfect Safety, Ever Ready Piatt . Yours for Medical Freedom,” NLL TT mals taxed for their impurities, the polson bags of reptiles drained Because this Heat coming in contact with lace-like Heating elements becomes STrane nia actyridnemaeh ‘ox vital’ eteaawtaticns. the lower part of the room, warming you instantly. slaughtered in the quict sick room.” Because of these things it is the most marvelous heating appliance in the Dr. Willam J. Robinson, in the American Journal of Clinical with Christian Science, mental healers, absent treatment, quacks, er as A lian ce Q ROMA LOCUTA EST—Romo has spoken, or in other words, tho Casper G Pp Co. Ladies Free || T Sir Astley Cooper, surgeon to King George IV, says: “The WINT GARD DANCE Prof. Mevaclene : an Miss Bickford Private Lessons Daily 12 Noon to 8:30 Phone 365-J Schembeck’s Orchestra and Entertainers . . of ther venom and all the inconceivable abominations thus obtained further intensified making them glow and become intensely hot. PO ie gaa Because of these things there are nc umburnt zaves, therefore no odor, and is ai ten tees world. Medicine, says: “The public Is not capable of Judging as to who is osteopaths, chiropractors, etc.” “Medics” are to judge for the people. Great democracy, oh 119 East First Street Phone 1500 J. H. JEFFREY.