Casper Daily Tribune Newspaper, May 29, 1921, Page 11

5 tune "89 ed. MARNET GOSSIP AND FIELD NEWS mOgucTION “LIMIT TN OKLAHOMA now Ssaitliar Gis aan on crude oil. have caused a part of some of the produters in Oklahoma ion, and a similar voluntary curtailment of among Kansas operators. That this does Che Casper Daiiv Cribune Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY | | reported a appreciable effect on production figures is due that the mavement is restricted mainly to those lnnsinalilieas i Gaps ooh ay pay ions fail ‘Sgute, ‘and their tie. more a matter of dol- them asa the indus- === CHINSSIIMP. Ss 2 AFTER AIVINGE of passing up even 2 t for the intangible good | Upward Trend ai 0, at ‘Opanaae Upset by Selling for Eastern hich may come to the industry. On; ccount ofthis factor, drilling is stil! zoing én ja fields which give promise! Accounts ‘oducers to show : CHICAGO, May 28.—Scant: trading the With rather nervous price fluctuations © in some options marked the . initial stages of the board of trade #iarkets t today. July wheat started %¢ to %o high- ducers that oi] could not be bi to the) surface under $4.50 yer rel... This is in a district of yery a4 wellafewhich have ‘to be pumped in groups to” r@ach even this figure. bee ON, producers in these fiekis are! E down. ENGESS CRUDE STILL GROWING of Bi Prodction ; Sa Million Barrels in Year _A condition of over production in the ited. States fs indicated by the pe- professionals increased the upward jtendency but seiling for eastern ac- counts brought the price down again. |Trade in May was very light. The |firet transactions were Bye to Like: y quickly put the market at $1.67, pat h was around yesterday's close. ‘ening-up trades for the double holiday and month-end. dominated the market, a rally in May and it closed at $1.60% which was 2%e to 2%c net higher: | July closed %c to Kc net higher at | $1.28 to $1.28\%. t, falling off in country offerings af- fected’ corn fora time but. this: was offset by commission house selling July opened virtually. unchanged at 84%$c to 64%c'and hung around that figure September was firmer, the start being te to Kc higher at 56%\c 66%c. Corn was generally emphatic with wheat, May closing 63%c, a net gain for the session of 4c. July ended %c to Y%e net higher at 65@65%c. Oats followed corn, July showing & start of 41%4c to 41\c: Provisions were. firmer but dail. y the American petroleum institute. If the rate for March, (tabulated by the American tire year, the<ndustry would be faced with af excess of production amount ing to oyer 170,000,000 barrels. This is more thas tep times the excess of production for the year 1920. Factors which will have a favorable influence on this Aindesirable situation are cur tailment of production, falling off of Mexican imports, Mcrease of exports from, United. States and increase in © consumption. March, 1921 Barrels Closing Quot: CHICAGO, May 28,—Close: Wheat—May $1.69%, July $1.28: Corn—July 65c, September 66%c. Oats—July 40%c, September 42%c. Rate for 1921 Barrels CHICAGO, May 28. or: creamery. extras, 28%gq) fitsts, 23 @26'4c; seconds, 17@22c; stand- ards, 28¢. Dette Crude luction ...40,802,000 (mainly 450,410,445 149,544,610" cases. Poultry—Alive, unchasired. 629,954.98 Domes 4 Con sumption’ > and hs Totisinns long ‘white, Texas ‘cob! South barrel. | Livestock Mart | CHICAGO, May 28.(U. S. Bureau Markets.)—Cattle—Recelpts, 500; compared with weok 3 beet steers, sonerally 60¢ lower; 101,921 Stocks ---.-_53, 503, 019 629,954,969 This annual rate of excess cf produc tion over consumption, amounting to 107,167,650 barrels, is divided between fornia, with 23,819,900 barrels, and the United States east of the Rockies | ¢ with eo 750 barrels. laced drilling campaigns on ai cael of low crude prices, and increase’ of consumption with the coming of summer will have an effect, but it would be difficult to gauge the extent ‘of these (eta chao factors. MINES OFFICES WILL BE MOVED Branch Opened to sperms Oi Development Located i Consolidated d Building The Casper office eof the United tes. bureau of mines wii move on une 1 from the Continental building to 608: Consolidated Royalty building, formerly the Oil Exchange building. is Branch of the bureau of mines was recently opened to supervise op- leration of lessees on government oil land gas lands. The staff consists of R. C_Patterson, deputy supervisor of Hogs—Receipts. 3,000; fairly active, strong to 10c higher; mostly: 10c high. er than yesterday's average; holdov>r light; top, $7.90; bulk, $7.50@8.60; pigs, 10@i5c lower; buik desirable pigs, $7.40@7.65. Sheen—Receipts, 7,000; receipts. to- day mostly packers direct; compared with week ago; aged lambs and year- 50c to $1.25 lower; spring lambs, to $2.50 lower; sheep, "$2, to $3 Denver Livestock. DENVER, May, 28.—Cattle — Re- ceipts, 220; market steady; no change; cows and heifers, no prices. Hogs—Receipts, 70; market. steady; no change in prices: Sheep—Receipts, none; no change in prices Nearly 60,000 women are employed in the various departments of the British government SEE BEN oil and gas operations, B. H. Carnehan, ichiet gauger, F. A. Lichtenheld, assis- t petroleum engineer and Walter SDrake,\ expert driller. The policy of he bureau of mines on the execution of the régulations is more along the lines of active co-operation with the opérators than in strict supervision. "The restrictions placed by the govern- tare, however. such that they the interest of the operator ipa as well a3 the federal govern- that the work of the super- sibel ranch runs along smoothly. Probably @he most important func- i of the bureau office at the pres- nt time is the supervision of the co- enting of wells. This is a matter of prims importance, and no well on gov- ment Iand be drilled ment without having roved by a bureau of mines represen- tive. The full cementing operation es a-minimra vf 15 days, includ- ing the preliminiry mudding.. Wells MEMORIAL DAY This. Office Will Ob- serve Memorial Day Monday, May 30, 1921 We will be pleased to meet our friends and customers Tuesday after they ‘have ob-.: served this sacred day set aside in mem- ory of our dead.- er, at $1.27% to $1:28%. Buying by'| x, foyer at. $1.65% ‘but! a few offers. to! In the last hour there was Butter—High- Eggs—Unchinged; eareiets 2408 er of quotations ; {Mental withdrawals. ‘tries disclosed further curtailment of Champion Ra} Lusk Petroleum Mike Henry Mountain & Gulf 2.00 Greybull Lance Creek Sangee —--—- dst Pas - 1.45 NY, EXCHANGE TAKES HOLIDAY Week's Trading Reflects Continu- "| ation of Uncertain Con- ditions i Ise NEW YORK, May 28.—Today is a) holiday on the stock, cotton, metal, | Produce, coffee and sugar exchanges | here. All Jocal markets will be closed Monday. CRUDE O1L MARKIE: $1.50. Rock Creek - 85 Mule Creek | { NEW YORK, May 28.—The ebb and this week: ted the con- conditions still, ee ‘othe: tinaricial,. industria! | and commercial markets, : rOge/t0 7% por cent on call, the ‘highest tate in several month: die. primarily ‘to additional gover: production “and. more dividend read. | justments were announced. the ‘stogk ex-| Leading indus-| ‘The encouraging side of the ua was presented ty the rails, of the more important systems show. ing substantial reduction of operatin; costs, with consequent gains in net!originated in the days of Napoleon. | The. emperor tried to implicate his one Violent reactions in the market tor | time superior, General Moreau, in a especially conspiracy. Napoleon was so power- implied that Ger-| ful that it was unsafe to express sym: earnings. internatidnal remittances, the British rate, many's acceptance of the reparations | ‘terms was only 4 temporary or senti- ‘mefital factor in that quarter. flotation of the new. French govern- ment: loan, but the attitude of the! Washington administration respecting | additional undertakings by our bank-| ers may cause some revision of recent | estimates. | ‘The question of labor costs continu several of a pipe.” “Indications point to the successful | their loyalty. Pilot Butte — Hamilton Dome -. to engage the attention of industrial executives, but existing wage sched- ules are expected to hold pending further downward readjustment of basic commodity prices. NEW YORK, May 28.-—Prime mer- cantile paper, 6% Exchange—Firm: sterling, demand, $3.89%4, cables $: Francs—Demand 8.34, cables 8.36. Belgian francs—Demand 8.33, cabies 8.35, sche aga — Demand 34.65, cable> eiire tek a 5.26, cables 5.38. - Marks—Demand 1.60, cables 1.61. Greece—Demand 5.72. Sweden—Demand 23.03. Norway—Demand 15,30. Argentine—Demand 33.00. Brazilian—Demand 13.37. Montreal, 11 cent discount Silver. x NEW YORK, May 2%.—mar silver; |domentig, 99% c: foreign, B8%%c. Mexican dollars, 45c. yak sa) » oe Tho Resemblance. “In a little way he reminds me of while playing golf.” ‘He does? Why his game is ter- bh “I know, but smokes the same style '—Detroit Free Press. pba ds cd The nick in the lapel of men's coats sathy with Morenn. Therefore the general's supporters agreed to nick thelr coat lapels to form an M to show Corner Second and David WE MAKE TO ORDER _ TRUCK BODIES Ce es : TRUCK CABS For Any Make of Car _, Schulte Heavy Hardware ‘And Blacksmith Shop Schulte Hardware Co. i PHONE 368-J PHONE 64-wW Bn. the Salt Creek field average about 0 ancks of cement for the seallns off loperation. Salt Creek operators are ore fortunate in this respect than heir brethern in California, where it not unusual to consume 500 sacks In cementing a wel —_— ‘The first lottery of which there is : SILVER: AND OIL . 3 varine’ tices DIGEST FREE and beings igno- Gives valuable ‘information — and. ing and industrial stocks. on request..A. B. Kamp-& | Dent.am “Biig.,” Denver. Cole: >> = Sent FREE 695, quotes prices on hundreds of oil, S| 810 ST. JOHNS STREET Ten Blocks From High Prices contemplate building. We Carry In Stock Plumbers’ tools Gasoline torches Wrenches Soldering Irons Solder Plumbers Friends Bathroom Fixtures ‘ HOLMES HARDWARE COMPANY Phone 601. WHO IS HE? He Is the HONEST PLUMBER 100 Per Cent Efficiency LE LLOYD Office, 210° 0. S. Bldg. Office Phone 697-M Residence 576-J erate Roy E. Martin For High Grade Plumbing 125 South Washington | Phone 143-W Repair Work a Specialty Gas Fittings JOHN T. BOGAN ~ of invention.” “hot water supplies your needs; PAGE ELEVEN | PLUMBING FOR THE HOME is one of a series of articles Hot Water Service By S. L. GRIEBEL, Sanitary Engineer. W. M. Palmer Plumbing and Heating To get an idea of the advancement of civiliza- tion since the days of our ancestors, one need only compare the life of savages in Africa, their mud huts, primitive clothing and their lack of all but the crudest necessities, with our modern conveni- ences of living. We begin then to understand the law that “Progress is measured by the comforts we achieve.” ae Gas Fitting Gas Heaters and Ranges How old fasioned even our parents’ time seems to us! And yet, what is the difference between their mode of living and ours? It is entirely a matter of quicker means of travel, a matter of labor-saving shortcuts, a matter of more comforts in the home. “Neceasity,” says the old proverb, “is the mother Today, the desire for more com- forts is the necessity which is responsible for in- ventions like the vacuum cleaner, modern lighting, sanitary plymbing fixtures and hot water heaters. . 132 W. Midwest Ave. Phone 772-W With a hot water heater your hot water prob- lems will be solved. With it you have all the hot water you want—anytime—day or night—winter or summer—instantly, in any quantity—at any de- sired temperature—at a turn of the faucet. J. DONOHUE Think of the convenience of turning any hot water faucet in your house and getting hot water almost as quickly and just as surely as you could get cold water now—hot water that is fresh and clean—heated as it flows. Plumbing and Heating eB Hot water on tap in bedroom, bathroom, kitch- ~ontractor en, laundry, for the baby, for sudden illness, for the whole family, for your guests, and not even a match to strike; Phone 290-W —when dishes are ready to be washed, you merely turn the hot_water faucet; —when dad wants to shave in the morning, the hot water is not cold because the furnace is low— it is there—hot—at the turn of the faucet; 704 S. David —when the laundress comes to wash, she does not waste her time heating water in the boiler— there is always enough and it is always ready; De Courcey O'Brion High Class —when sudden sickness demands hot water, the —and with the low rates of gas in Casper, the cost is only about one-tenth of a cent per gallon for gas. . Plumbing and Steam Heat Any gas company or good’ plumber can easily install it in your home. Simply put in the base- ment, connect with the gas and water Pipes al- ready there and light the tiny pilot. Turning a hot water faucet does the rest. 215 West Yellowstone Highway Phone 1098 Phone 911 P. O. Box 628 Phone 711 Plumbing SCHANK PLUMBING AND HEATING CO, INC. Plumbing, Heating and Sheet Metal Work - 130 West Second Street Steam and Hot Water Heat 359 EAST SECOND STREET CASPER, WYO. Front Rank Steel Pipeless Furnaces and Pipe Furnaces Gas Appliances and Gas Fitting The following dealing with p' in the home. They are written for the bene- fit of Tribune readers and carry helpful suggestions to frees a already have built their own homes te who