Casper Daily Tribune Newspaper, June 8, 1921, Page 5

PRICES PREDICTED FOR EOF SALT GREEK IL LANDS FURNISHED BY TAYLOR & CLAY Ground Floor Qil Exchange Bldg. Phones 203-204 Last Opportunity to Secure Leases in Greatest Field “OF West May Be Marked by Bargain Some Operators Believe Bidding (Berm Io The date of the sale of government leases in the Salt Bsskitony ult Crcox Creek field, scheduled for June 15, at the Dougas land of- | 2%* fice, is rapidly drawing near with little external evidence of| mee Tait © classes slow, steady; veal cal . 25e to S0c higher; top for year x «ne in| ling steers. $8.75; long fed 1,700-pound $ 2 Excellent Weather Conditions in| }28.°°9; 00; bulk, $7.50@8.35; butcher | Continuance of Selling Pressure Grain Belt Bring About Re- cows and heifers’ montly, $4.7566.75 Endicated at Sisit"Ot Trad- duction Again bologna bulls largely $4.50@4 bulk | d 1 veal calves, $9.00@9.50. ing Today Hogs—Receipts, 27,000; active, 10c pnt CHICAGO, June 7. — Wheat de-|to 20c higher than yesterday's average; clined in price today owing to a large; heavies and heayy mixed up most: Tee to excellent weather conditions| hogs nearly all sold; top, $8.25; bull vailing over the greater part of the | $7-90@8.20; pig, 10 to Ibe higher. ter crop belt, Reports that har.! Sheep—Receipts, 12,000; _ mostly esting had commenced in Kansas {Steady; shorn lambs top, $12.25; top A wonderful show of Alaska. Wonderful color work. No kiddin’, these scenes were filmed in Alaska and produce a marvelous showing cf Aurora Bo- realis. NEW YORK. June 7.—Extreme losses of 1 to 5 points in standard sheres and 5 to 10 points in specula- tive issues,, measured the range of to: day’ reaction in the stock market. Sales :pproximated 1,100,000 shares Western States the interest which should be expected in connection with bgpo bee e Pete 00% Prod. & Refra. tended also to give ea advantase to| native springs, $13.78; bulk, $13.00@ | nyles_, primate 1.20 all-important event in oil circles. It has been the feeling in | Columbine a9 bene Ba Gu eae. Z¥eey (yes talrty, active. |14 30 Seems Comme Yearting mabe, ——" | many quarters that the date set for the sale was very un- june | Okmulgee .. Qpsning qactations, which" varied Texas wethers, $5.00; fat ewe! sew YORK. June 7-—Initial prices| ‘1 . 40 rom lc lower to %c advance, with a ” " ‘o} timely, in view hl paces ace apr the date of the sale, it will not “on pAlien .... . July $1.29% to $1,20% and September - pot Ben Leugel ethos t- 2 Mc stringency, and general business long after June 15 when a ruling 0s | Cities Service $1.16% to $1.17, were followed bs Denver Livestock. y y if which has now extended | to this effect will be forthcoming from S. O. Indiana 4 y pressure. This was based in part on ‘self in @ pronounced way in the wi e 06 iow material setbacks all around. DENVER. June 7.— Cattle — Re-lturther unsettlement of foreign ex-| oun SAME ee tebtaeeate | That 08 | NEW YORK STOCKS Corn was easier in line with wheat, |celpts, 500; S@1Ge lower; beet steers, | nonge rates. High grade rails, olls,| oe enh iee: Solte. but ic new | woule peg ty to saspend Grilling 47 Opie: although rural offerings of corn re-|$7@810: cows and heifers §5.50@7.50;| “Orore “Snipnings and numerous unc ae ceraAite Gat the wale: oul bd omnia Sep lion wnre GR vc oy 23 | Mexican Petoleum ..$146.50 ee ge q atten opening %o to Teaemene che sien feeders, | -iassified shares were lower by libersi|{| Continuous 1 to 11 P. M. 2 | St on . x a 4° lower, including July at 64%@ [$5.50@6.75; , $3.) Y ts jake place on the date set. ‘While|ering the case of a bidder obtaining & 06 weer See bg Ke to 64%;c, the market underwent aj Sheep—Receipts, 400; strong; ewes, | ‘action to 1% points. Especial heavs-| the placing of these lands on sale at/ lease and paying the required bonus, o2 nag further sag. $4.50@5; spring lambs, $11@12.25. se Fs io" '¥ zy ws & | the present time may not be approved | then finding himself in the position | i Pan American Pete . Phe cabo al ~rarennclih B Pacific, Mexican and Pan-American by oll men, it is nevertheless the last | where it would be difficult to realize] Kinney ” os U. S. Steels... .... 78.75 ANB SRNCNENS SEAL, Vocust chanrters Petroleums, General Asphalt, Atlantic | opportunity to obtain holdings in the|on his investment from sales of oil. , ae jUnton Pacific RR... 115.63 of cn ener eo SHEEPMAN SFLIS OUT julf, American International, Cuba great green ofl field, and it is quite|As tie government would not. insist | Lusk Royalty esas | FOREIGN EXCHANGE. Ym: telagensece atretacoarine ter ’ Cane Sugar, United States Rubber, In-| esible that the opening of the sale|on his drilling, if he aid eo on his own| tusk Pecoloaun |) | Sterting oe on-24488.78% | fluence. ‘The close was heavy, % Peoeryatiay gem eg eo Este se Bid al the ent if ber of v poe 2 8 i rm close was heavy, % leather issues. The few nominal gains il see entry 0! 1s numl f of [initiative and obtained production, thé| Mike Henry .... . 98 Francs M803 }to 1%c net lower, with July 63%c at the opening included Canadian Pa-| dark bore a eee nate its tt s apr ag agency might well refuse! xfountain 4 Guilt - 85 |Marks . +0151 | to 64c and September 65c to 65%c. cific and Houston Oil, have WOOK taal axon ce eiain mike pegging ol ramets dag iat | Northwest Hf Diahesneras > ay Seat] ponte aralloled other ‘grains, start Closing out of speculative accounts “4 00: Ing at Ye off to a like advance, July - foothold im the Salt Creek pool, and|in the face of an over-production in Spee 9% to 39%c and then showing | Alex Marshall, who has been known Sayeeda eater Hevamben tiem oe it is impossible that this, the last|the fleld. <. ‘06 general decline. ° in Casper for she past 25 years as| morning. Sales in the first two hours chance ‘te Mannan Wrets teesitoey. wil ae a4 Higher quotations on hogs carried} | ™0st succenaful sheepman. has] approximated 600,000 shares, the an: in “age | provisions upgrade. sold his sheep interests and has|tire list establishing lower prices. ain See rete tiee « poeeret TIME FOR FILING SURETY Tom Bell Royalty... 04 — turned to realty. His real estate of-|Tosses of 1 to 4 points attending the age. In Sega ry ‘ Western Exploration 1.50 Closing Quotations. floes are now open at 145 North Cen-lextensive offerings of ofls, motors, 4 department “hes pinceG: & check on Wind River Ref; - 02 CHICAGO, June 7.—Close fer street where he may be found/equipments, sugars, shippings and monopolistia ‘bidding. by the provision : + 1.50 |Fourth 44s . Wheat—July, $1.29%; September] at any, time. rails, Among the latter were Atlantic that no mane than $40 ‘acres may be Tex. 4.4 + a2 04 | Victory 4%s $1,16%. For the past several years Mr.|Coast line and Louisville, Interna bid in by one individual or company. To oil men from other states, the lack of comment on the coming sale Corn > $3%c; September, 65c.| Marshall has been interested in the| tional Paper, Famous Players and sev 38%c; September, 65c. | growth of Casper and was prominent|cral of the express company shares 38%; September, 40tc. | in ~puflding” up “Sheridan Heights.| were included among the weak spe. SEAS CONTANGTOR 15° WARNED at See is little short of phenomenal. Here Pork: + $17.60. After selling his 1 hy en. Foret ni teadied area acres divided —-- 1.50|/Big Mudd: jd 2 3 jarge sheep holdings | ctalties. ‘oreten exchange steadied Next a ae i aaa < ie . = 1550] Pitot Butte Lard—July, $9.75; September, $10.07. | he purchased valuable tracts of land| slightly but only a moderate supply of as Se mee ween}. CR: Inman. Casper contractor, hap: 1.45| Hamilton Dom Ribs—July, $10.12; September, | throughout the business and residence |call money was obtainable at 7% per has no known equal in the world. The | just ane day more in which to file a “iy $10.35. sections of the city. Last year his| cent. 35\Mule Creek -. light gravity; high gasoline oil, with paraffin base, is the equal of the best Pennsylvania crude in every respect, probably, except as regards lubricat- ing content, The yield per well is high, the present production of about 40,000 barrels per day figuring out to about 145 barrels per day per well, with many wells pinched in. The pool is proven, making every hole a cer- tain well, except possibly on the very surety bond to guarantee his cbility to complete ths contract he was awarded for the covecruction of sanitary sew- ‘ers in Cheyenne or forfeit the guar- uniee which he placed’ with his lid fer the wor: ‘This edict was issucd name was prominent in’ his suit otatoes. against the city in the grading dis- CHICAGO, June 7.-Potatpes—Dull; | trict east of town. NEW YORK, June 7.—Bar silver receipts, 67 cars; Lousiana ape Mr."Marshall came to Casper direct | domestic, 99%: foreign, 58%. $2 eesae fang yr apa ve, $2.74 | (POM: Scotland 28° yecrs ago and has| Mexican dollars, 44%. $2.80092.90 cwt-; Spaulding Rose, $2-75 lived here aince that thie, He won ——— PS ; ABIGCOMEDY A PATHE NEWS t Exiday, when the. city conmis: ewt.; Virginia cobblers, $5.5 ta . ~ " "i shmers gave Mr. Innwn five days North Caroliha, $5.00@5.25 barrel pe le rpaaeasaar thin cay, gna nje- Aare ere Maryn ae ° * ° ° + e + o EE a 8 7. more asm final extensidn in which to oe a ACE nt | cane tome SN Binks, : ae , 7 t. covsp t+ with the orders ¢f the etry Provisions, cae atin ti page sete eared Be Sie as de. The fact that during the last addi- CHICAGO, June eee Higher: Metals. mand, $3.80%; cables, 33.81%. ¢dse of the Meld. The major part of| tional grant of five days Mr. Inman ee ee te oon te | NEW. XORK, June Frances—Demand 8,11, cables 8.13. , 5@3 24c. 3 7. Copper — bin earenne, be put up for eon ee eptalene ener of L. ee ay 2 ¥ J bin Boies # Quiet; electrolytic, spot and near by,| Belgian frane—Demand 8.10, cables thin the’ 2,600-footcontow: . Bal Thomas Mills of pee de ; so@ [June 13% @1S%Kc; July, 134@13%c. || $12. bringing it well into the proven as joint contractors and sign- A new oil field has been opened up in Elk county, Kan-|!'r=ts. 22% @28c; ordinary firsts, 20@ |7"0. TEMG awe: tuly, 18M @ 18% 8, 26,263 cases; be passed by without an effort to ob- ages: Sie, at tari, oaade inciided, 336023) Tin—Steady; spot and near by,| Ciullders — Demand 33.40, cables $08 GS caperee a enst all inside Sel with him senna Eee sas, by the coming in of the Producers and Refiners well) jiiniaras, 2346 ret Saige d + :, futures $29.75, * a8.405 Sane eolerd COMING Fe . © Commissioner: Fy J ~ - —Easy ° | Lal bn Just how high the bidding win go|Parently upheld by the other two}iM- that region. This is located on the southeast quarter of| Poultry—Alive, unchanged a sooty’ § MAPKAE DE AA SUB roapioe 1.88! is a matter for conje®ure. The opin- 10. | Sweden—Demand 22.45. Norway—Demand 14.80. Argentine—Demand 31.27, Brazilian—Demand 12.75, Montreal, 11% per cent discount. Time loans, firm; 60 days, 90 days fon in some circles is thet the bids will not reach as high @ level as many anticipate. It is pointed out that the high government. royalty, 331-3 per cent on inside tracts and 25 per cent on the balance, will act as a deterrent to strong bids. Tha production condi- Various explanations on the part ot/the cause of seme excitement in the locality, considerable t Co er fhe Inman advisers were ineffectual! activity in the trading of leases having developed as the well Larges Cc PP in swaying the council from’ its stand, ° } Progressed. The well has been drili-)The sand was penetrated for a depth orig toe deters Datoed (Met, TORBEN ToS tor several months, and mors: or |of 64 fest,” ‘The well will now, be con Order Is Filled POLLUTION, I$ REPORT | members of the body. section 26-30 S--9 E. The drilling of this wildcat had been = howe WATER SUPPLY FREE Of | Greece—Demand VANITY FAIR GIRLS ROAD SHOW ultimatum, requiring him to furnish bowl entered into between the Lond «ompany and himscht aione by 2 less trouble was encountered ever'| tinued to the Lakota formation. since striking a gas bearing stratum etre tad : at the 1,500-foot level. ‘This gave an SAN FRANC June 7—Placing| Casper’s water is as “pure as it ee ee eA tae ennt | tocteit Witt eprantee Mae ee cites |eatimatedwvolume). of 6,000,000 -cuble) in, west of the city of New.|0f a Order for 10,000,000 pounds of|eould be" sgcording to a. report sub pred \-o-reataword Cay sAs; tbe reeeene ae © city" teet of gas: The flow. bradenheaded| T® test wes e city of New-| -ooper wire .by the Pacific Gas andjmitted to the city council last night Pipelines, the onl} existi.¢ outlet, are Okie to repacity with the wells: held: dow! he!ew free’ fow pro- duction... A. new independent 8-inch line ie to be constructed this bergiehy peor at vce i eng off and drilling continued to 1,900 feet, | C28tle which is belng developed by the | siectric company of San Francisco | t pbdad oc 2 ast a Dele OM couaners th nate dette Dr. J. F. O'Donnell, who conducted | = at which denth a crooked hole devel- a whl Was announced today. It was said to 36-hour laboratory test at the Wyo- Cheyenne Whee ha apont carey im | cped.. After this was corrected, the| Since the casing was pulled and the he’ tne largest single order for copper|ming clinical laboratory... The water | week attending to buriness. syelly.gleanad. out, . ‘These abe ater ad wire ever made. The wire will be|contained no gas or dangerous bac- Where a showing of oll was encouzit.| VFe t#ken to ward off a chance of do-) oninneq here from Black Eagle, Mont,,|teria, The test was made on water ered. At 2,20 feet the well came in| cTe¢sins production when the oil ale was said, and will require 270 rail-|taken from taps in various parts of H Lole was carried down to 2,390 feet, re: RECUR RNAI. road cars for transit. town. with a 50-barrel production; it 1s now Grilling at 2,322 feet in a hard shell aR which is thought to cover’a second Big {Gasser to, Oeage. ‘The Mississipp! Delta well on section | Starving Cattle ! 24-46-64 in‘ the Osage field which en- Secure Feed by Crow Creek Well Prilling. countered a heavy gasser’last week asoli Producers and Refiners corporation |is still. golng strong, according to re- Use of G line report resumption of drilling on the| Ports from the field, It is estimated test well in the Crow Indian reserva-| that the ofl production now is better GLOBE, Ariz, Juna,7.—Gasoline js|tion in Big Horn county, Montana.|than 100 barrels dail helping to save thé cattle of the Mes. | This is located near Wyola, on section oS ee cal Saas 40-miles south of’ bere, dur-| 24-9 S-34B, Drilling bad been stoppea|_ Mr. and Mrs. Gene Dunn of Ther- ing the drought. This was learned| awaiting, setting of cement around|™opolis are the parents of a baby girl the other day: when Pollard Pearson,!6%-inch casing at a depth of 2,000/ born last month, according to word & cattleman, drove the entire distance| feet. The latest reports, the well; Which has been recelved by many to Globe to get a supply of the fuel.| logged 2,300 feet, with the Ember friends here. Mr Dunn ts a son of sand expected at almost any time. |Mr. and Mrs. W. F. De Pearson is feeding 150 head of the | ns ee req drilling may have a very potent ef- fect on the amounts -bid. \As matters: ell sand. a certain period, more active bidding Would take place. An announcement of this nature hag been made by the interior Gepartment to apply on the sale of leases in Oklahoma, taking Place at Pawhuska, on June 14. For some reason, a similar announcement on the Salt Creek sale has not been forthcoming, although: it would be Welcomed by many. It is felt that, if Ro suspension of drilling is authci:i-d —_—_———. poorest of his cattle, on cactus, sa- guaro, nigger bead and nopal. The Water in Muddy Sand. gasoline is used to burn off the thorns,| The Muddy sand which was ex-} CHARLES J. STONE after which the cattle manage to find| pected to produce commercial oi] in} Petroleurn Geologist meagre subsistence from the remain-| the Newcastle district has been proven | Reports and Surveys der. Pearson ‘said that the cattle do not] water bearing through a test con- WINNETE, MONT. get fat on this feed, but on the other | ducted by the Wheeler syndicate on a > hand, they do not starve. location two miles south of Newcastle. Katherine Newlin Burt’s A BISHOP-CASS THEATER TODAY ONLY EDYTHE STERLING DRAMA OF CANADA’S GREAT NORTHWEST With Selected All-Star Cast Including Russell Simpson Pauline Starke Cullen Landis AND ‘‘Spooners” ALSO VANITY COMEDY Continuous 1 to 11 Admission 40c | ‘DARED’ The Story of a Girl Who Bested the Roughest Desperadoes of the Western Badlands ———— ALSO —__—. IN A REVIVAL OF ONE OF HIS FINE “TWO-ACT COMEDIES “THE COUNT” : PARAMOUNT SCREEN MAGAZINE ADMISSION 30c , CONTINUOUS 1 TO 11