Casper Daily Tribune Newspaper, June 15, 1921, Page 4

td Gi oon 4 unk un rah alb 20asadgs were acre ee PAGE FOUR WMABKET GOSSIP AND FIELD NEWS FASTEAN GRUDE PRIGES ARE GUT PITTSBURGH, June 14.—All grades of crude oil quoted in Pittsburgh were reduced 25 cents a barre! by the principal [rest here today for an ‘alleged attack purchasing agencies today, making the new prices as fol- lows: Pennsylvania crude, $2.85; Corning, $1.65; Cabell, $1.65; Somerset, $1.35; Somerset light, $1.55; Ragland, $1.00. Production Limited, No better index to the seriousness of the petroleum situation is to be found than the news that oil runs from Pennsylvania wells are being Umited on account of over-produc- tion. In all the lean years in the oil industry, Pennsylvania has always seemed to enjoy immunity from cur- tailment of output. The high quality of the crude always caused a demand which the depleted field found dif- ficulty in satisfying. Proximity to large eastern refining centers also con- tributed to the steadiness of opera- tions in this region. Now matters have reached such a stage that oper- asked to curtail pro- g hitherto unheard y Derrick quotes the ent by the Tidewater Ltd., following lette: Pipe compa: its lines “For the first time in its 42 years’ business relations with them this com pany is f-rced to ask the aid of its patrons in meeting a condition that seems to be without precedent in the Pennsylvania vil region, by limiting the quantity to be run into its pipe- lines from the wells to two-thirds of their present average production. “At the date of my former notice the pipe company was able to dis- pose of about 50 per cent'of the oil gathered.. This has since been re- duced to 40 per cent, and there is no present prospect of an improvement. All of our available eastern tankage fs being reserved for Pennsylvania crude and is being so rapidly filled from the surplus that conservation has bedome absolutely necessary.” Dividend Deferred. NEW YORK, Jone 14.—The Chi- cago, St. Paul, Minneapolis & Omaha railway today deferrid its semiannual dividend on common and preferred stocks until September, pending ad- justment of accounts with the govern- ment. to operators on| OIL GUSHER IN BOWLINS GREEN Producer Completed Within City Limits of Kentucky Town Makes 600 Barrels In Bowling Green, Ky., an oil well thas. been brought in within the city Mmits, only one block from the main street. By actual gauging the well imade 100 barrels in the first four . or at the rate of 600 barrels © day, natural flow. Production ‘was found at the shallow depth of 88 feet. It is likely that this disco excitement paralleling Burkburnett, where a city lot was ‘considered sufficient area to warrant Grilling a well. Terrific gas pressure has been found in the producing sands, and on account of the danger from this source, a municipal, regula- tion has “just been passed prohibit- ing drilling without the consent of Property owners on adjoining lots. Another danger has arisen in the fact that it is impossible to fully control all wells, and the one above referred to ran oil down the gutters of the main street and into the sewers, with consequent hazard of forming an ex- plosive mixture in the sewer system. pce biediads anil eat m Livestock Mart CHICAGO, June 14—(U. S. Bureau of. Markets)—Cattle — Receipts, 11,- 000; beef steers, butcher she stock, stockers and feeders, slow; market mostly 15c to 25¢ lower; early top yearlings, $8.75),bulk beef steers, $7.60 @8.35; bulk fat she stock, 35.50@7; bulls and veal calves steady; bolognas largely $4.50@4.85; bulk butcher bulls, $5.25@6.50; veal calves largely $8.50@ 9.00. Hogs—Receipts, 33,000; market ac- tve; lights, 10c to 15c lower; others mostly 10c lower than yesterday's average: top, $8.10; bulk, $7.80@8.05; pigs, 15c and 25c lower. Sheep—Rece: matket slow; lambs native spring top, $1 $11@11.75; westerns not sold early; Oregon year- lings and two's, $8; bulk fat ewes early, $3@4, : Denver Livestock. DENVER, June '‘14:—Cattle — Re- ceipts, 500; market slightly higher; beef steers, $7@8; cows and heifers. $5.60@7.70; calves, $8@9.75; stockers and feeders, $5.50@6.50. Hogs—Receipts, 1,600; market 10c to 15¢ lower; top, $7.75; bulk $7.15 @7.60. Bheep—Receipts, 1,100; steady; lamtbs, $10@11; ew $3.50@4.£0; spring lambs, $8.75@9 ‘End of AlV In Sight If World Is Not Disarmed MORGANTOWN, Va, June 14.—A ‘world hope has sprung up since the great war that some kind of an un- may be reached freeing the nations from the burdens of ar- mamont expenditures, Joseph W. Folk, former governor of Missouri, declared here in a speech at the Unt- versity of West Virginia. Mr. Folk asserted that it required no prophet to foretell “the end of all” if peoples ‘wee to continue their competition in armament which, he said, had caused even the United States to stagger un- Ger tho load. Whites Seized For Attack On Negress, Report RICHMOND, Va. June 14.— Two ‘White men were being held under ar- on a negro.girl late last night which | at one time threatened to result in a race riot, Crowds of angry negroes who gathered at the scene of the al- Jeged attack were dispersed. Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY | Ground Floor Oil Exchange Bldg. Phones 203-204 j LOCAL OIL STOCKS. Bia. Amalgamated Royalty .07 ‘Western Oil Fields. Askea.| ¥ Of AE, 22 09 | NEW YORK CURB CLOSING Che STOCK TRADING. lo IRREGUL Continuation of Rally at Is Followed by ota ing Again NEW YORK. June, 14—The tren@ of prices at the cpeatant of today’s stock market suggested an extra ses- sion of yesterday's rally, a number of leaders showing gains of 1 to 1% points. Ths was immedately followed, however by a resumption in largo volume of the recent selling move- ment in rails, oils and equipments. Northern Pacific reversed its initial gain of one point with an abrupt de cline of two points and Great North- ern lost 2%. Mexican Petroleum fell two points, Baldwin Locomotive 1%. Pure Oil 1% and General Asphalt 1. Steels, motors, sugars, tobaccos and textiles also reacted. The weakness of Great Northern, which increased its decline to 3% points unsettled other rails during the first hour. Shorts extended their cora- mitments in equipments, steels and tubber specialties. Pullman, Baldwin, American Brake Shoe. Crucible, United States Rubber, Keily-Spring- felé Tire and Goocyear common and ricferred, sustained extreme losses of 1% to 4 points. Sugars, tobaccos and low-grade ofls displayed little rallying. power. Studebaker, Sears Roebuck. American Linseed and Atchison and firm stocks. American .... . 00% 00% | Bid. Asked. Atlas eae 01 02 | Midwest Refs $135.00} Bessemer 23 .26 | Midwest Com. 2.00 | Big Indian ...... . 35 45 | Midwest Prd. 25} Boston-Wyoming . 87 70 | Merritt .... 9.00 | Buck Cree ..., 18 21 |Glonrock Ol . 08 10 | Salt Creek . Bid 82 Western States . oe 02 .04 | Producers & Refiners 00% 01 | Cosden ‘ } Columbine . 20 23 | Elk Basin Consolidated 1.03 1.06 | Okmuigee : 45, [Allen ... | ll | Cities Service Com. .. * 08 |S. O. Indiana ....... . 08 | NEW YORK STOCKS -70 | Open. Close. 2.25 -jaiexican Petroleum. ..$132.50 .f 21 | Sinulair On - : 06 | Texas Oil .... . 5 04 | Pan American Pete... 0% |U. 8. Steel sine . 16 | Union Pacific R. R... S 25 | FOREIGN EXCHANGE. Lusk Royalty .... 03 96 | stort Lusk Petroleum 02 04 | aad Mike Henry .. ...... 102 haan | opens Mountain & Gulf .... 83 A ee eee) Northwest 18 a be pope Outwest .... . Sete) ae, 1 Geet SORA 22 aay = Picardy .... 07 08 LIBERTY BONDS. Riverton Refg .... .. .06 ne ee Royalty & Producers .12 14 [ist 46 14..... Sunset .... .... 04 06 | 2nd 4s ° Tom Bell Royalty . 03 05 jist 4%s Western Exploration.. 1.80 Fy Wind River Refg . 7 02 | 3ra 4% Wyo-Kans. .. 2.00 | 4th 44s Wyo-Tex. .... .04 | Victory 4%s - WI0MING CRUDE OIL MAKKE- Grass Creek Rock Creek ~. PMR | Torchlight .. = 1.50) Salt Creek -... Elk Basin -. -60| Big Muddy ~---------_ Qreybull 1.50] Pilot Butte ae Hamilton Dome ——.-.---------- 35} Mule Creek Lance ander Cree! MMOTH GUSHER 1S UNCORKED IN SHALE BY MOUNTAIN & GULF Twelve-Inch Column of Oil Shoots to Top of Derrick As Well Drilled as Offset to Wyokans Sec- ond Sand Well Reaches the Shale The latest sensation in the Salt Creek field is the comin, in yesterday of Mountain and Gulf’s well on.the southaase quarter of section 18-39-79. Although a shale well, this came in with such a heavy production that it has so far been impossible to estimate it, all attention being devoted to trying. to direct the flow until the well can be put under control. The oll was found at a “depth of 1,200) tute a regular offset well, and there- the ‘derrick. The flow came by heads pre ad ak fe pees be tnt at intervals of five or tan minutes.) well, it will probably. be. constdered Prykuged i bey phys to be out of the class of shale wells. Pe tage ee 20 minute intervals, When flowing, rine ot foprot the derrick: SOAS AIRE wks bane Sugar Price Is Lowest in Five Years in Market to endeavor to hold the flow, and a second one had to be constructed. ‘The well has been capped, but no at- tempt has been made to shut it in, NEW YORE, June 14.—The lowest level recorded in the local sugar mar- ket in five years was reached today with the sale of 64,500 bags of cantri- fugal at 4c. Renewed pressure on Porto Rican sugars brought about the decline. The effort is to try to get it under control until it can be connected with tankage, which requires a pipeline about half a mile long. ‘The new well is probably the biggest shale well yet drilled in Salt Creek. It is an offset to the Wyokans well on section 18, and, while it is a shale well, pro rata production will prob- ably be taken by the Midwest Refining company The genera! ruling has been that-a shale well did not consti- New Hair Growth After BALDNESS On legal affidavit, John Hart Brittain, business man, certified to this: “My head at the top and back was y bald. An expert said that he thought the hair roots were ext there was no hope of my ever having a new hair “Yet now, at an age over 66, I have = it growth of soft, strong, lustrous hair! No trace of buldnesa. ‘The pictares shown here are from my photographs.” INDIANS’ SECRET OF HAIR GROWTH Rory Brittain certified bier 7 of gon become discouraged st trying to grow my hair again, I came across, tra’ Chero- After hair growth” kee indian ‘medicine reese had hed oo Gitsir that he asseverated would grow my hair. Although I had but little faith I gave it a trial. To my amazement a light fuzs s00n a It developed, day by day, Tato a healthy growth, and ere long my hair ‘was as prolific as in my youthful days.” True Hair Grower at Last Mitnady fading weal wg tenn iyeigmed grate of mind Phote when bald, mildly. Obviously, the hair roots had not been bat were dor- A mant in the scalp, awaiting the fertilizing po of the then myste- rious pomade. I negotiated for and came into possession of the principle for this, now called KOTALKO, and later had the reci; ‘t efor preparing put Into practical form by a chemist. That my own hair crewth was permanent has amply proved.” It bas been preved in ver eases that hair roots not die even when the hair fel? out th PROOF BOX FOTALKO FREE fui Z id other ingredient Emme yy} goa: but 9, compound at the drug store. counter of any large nothing else as “jt You srad 10 cents t store. ees Money back Sct aden ast & PROOF BOX of Kotalko wit! bie ost testis ale women. ou 8 big array of NESS, STOP HAIR PROM FALLING, Gets bor of Kotalko is wonderful + Sor women’s hair vg. eost only, you will recel ve shall also be ‘pleased to send etermine NOW to eliminate ‘voluntary BALDNESS, to STOP wots cane 2 in your mirror. For PROOF ‘BOX send to KOTALEO, apply once of twice dally; w KOTALKO OFFICES, BR-46, . Station X, NEW YORK CONTINUOUS 1 TO 11 NEW cantile Exchang: 33-76%; cables, $3.77%. Francs—Demand, 1.99; cables, Belgian Francs — Demand, Lire—! 5.13; cables, 5.15, ‘Demand, “ph Bu before noon. trading became dull. Call money opened at € per cent. 1.97. Guilders— Demand, 32.95; cables, count. Tu..4 loans, atendy; 60 days, 90 days and six months, 6% per cent. 6; 2 southern, Lead—Easy, spot, Zinc—Quiet; East St. Louis delivery, spot, $4.55@4.65. Antimony—$5.25. —_— Sleeping sickness has ‘destroyed 65 | Louisville & Nashville embraced the|per cent of the inhabitants in On the moderate rally districts of Africa. AR Silver. NEW YORK, June 14.—Bar silver domestic, 99%c; Mexican Metals, NEW YORK, June 14.—Copper — Quiet; electrotytic, spot and near by, 13@13%c; June and July, 13;@13%c. Tin—Steady; spot and $29.37; futures, Casper Daily Cridune ; Money and Exchange. YORK, June 14.—Prime mer- Paper, 6%@6% per cent. @ — Sterling, demand, BRAINS GIVEN SETBACK AGA Favorable Crop Reports, In- _ creased Offerings and Legis- lation Are Factors 01. 7.95; CHICAGO, June 14. — Favorable weather for harvesting had a bearish effect on the wheat market today, and 80 too, did reports of increased coun try offeringa Misgivings about the) ds ranged from 1%e to 2%c lower, with July $1.37% to $1.38 and September $425% to $1.26 were followed by de- led setbacks all around. Subsequentiy, reports of black rust | owe ; in South Dakota rallied the market somewhat. It was said also that ex- foreign, 59c. sic. The close, nevertheless, l%e to 4%c net $1.35% to $1.25% to $1.25%. Corn gave way with wheat. After was heavy, near by, 25. ac to 1% @1%c down, inctud-| WANTE! Spice sertieareatay ture, all around worl nd hand store. 387 South Ash street Phone 1660. $20@21. ing July at 63%c to 64%\c, the mar ket continusd to descend. Reports that the crop outlook on corn was excellent emphasized the downward tendency later. Prices closed weak, 1\%c to 2% @2%c lower, with July 62%s. Oats were depreased by the action of other grain, opening Yc to 4% $4.50. “FATTY: IN HIS NEWEST FEATURE COMEDY THE VANDENBERGH EXPLO! CASPER’S FINEST—A. BI: THE TRAVELING SALESMAN TODAY, WEDNESDAY AND THURSDAY ---Also “THE LION KILLERS” RATION PARTY WENT DEEP INTO THE JUNGLES OF AFRICA TO SECURE THESE THRILLING PICTURES. CHICAGO, June 14.— Close: CHICAGO, June 14.—Potatoes—Re-| ceipts, 59 cars; old, steady; new, dull; northern white sacked and bulk 80@ 9c cwt; Louisiana —__—__—_ porters were exchanging July for cash.| Housewives are becoming lina cobblers, $3.50 barrel. j IMPORTANT Jess NOTICE wasteful, judging from the reports of show that We have an entire lower with July| numerous cities which $1.35% and September | garbage collections have fallen from 10 to 25 per cent since the war. ee = | UCKLE} 3 ADMISSION 40c ‘TUESDAY, JUNE 14, 1921 ~~ CHICAGO, June 14,—Butter—Higsh- er; creamery extras, standards, | 320; firsts, 28@31c; Eges—Unchanged; cases. 32c; 20@ 25c. receipts, 35,469 Continuous 1 to 11 P. M. TODAY Potatoes. | ‘Triumphs, $2.75 00@4.25 barrel; Caro- nia, ot & change of program to- | woozzy | | THEREOF That Big Aggregation of Funmakers. : The. Vanity Fair | Girls SKINNY’S | NEW | JOB G-14-1t CHARLES J. STONE Petroleum Geologrst Reports and Surveys WINNETT, MONT. The funniest black face comedy ever seen out west. All new songs. ‘ 2 All new jokes. All new interpretative _ 4@ dances. : oe Pr Hear Skinny sing J. K. Emmett’s cuckoo song. You'll want to stand on your head and cuckoo. NEXT — A Big Western Classic in \ Seven Parts | SKY | PILOT From the famous novel which was read by niil- lions, When it comes to rough ridin g ° stunts, fights, thrills, excitement, it leads them all. EXTRA © __ See how the girls look in the movies. AVANITY FAIR GIRLS FILM Shown between acts. If there is a better show in town tell Bren- nan, he wants to see it. Most emphatically we say the Lysic has the best iow In town.