Casper Daily Tribune Newspaper, October 28, 1921, Page 5

FRIDAY, OCTOBER 28, 1921. GENERAL BUSINESS SHOULD REAP BENEFITS OF LIVESTOCK LOANS Financial Aid Made Possible by Applications for War Corporation Already Total $4,000,000 _ and Ample Relief Is Assured General business conditions in Wyoming within a very! short time shoyld reflect the beneficial effects of the finan-. cia] assistance now being received by the livestock industry, * of the state through the operation of the agricultural and livestock loan plan of the war FARGO UNCORKS STILE ANOTHER GAS PRODUCER iNew Well in Poison Spider Adds 9,000,000 Feet of Gas and Proves Up Large Territory Another development of vita} im- portance to the Fargo Oil company and to the Polson Spider and adjotn- ing fields generally ‘was compieted yesterday afternoon when a huge gasser was drilled on the extreme southwest corner of section 1-33-83. This well penetrated the sand only four feet when production estimated in excess of 9,000,000 feet of gas was encountered, The pressure was so heavy that further drilling was suspended until arrangements had been made to, cap the gas flow, By developing this pro- ducer it 4s estimated that the Fargo company proved up approximately 800 acres of land which are said to lie between the new well and the next closest gas production. Tlie gasser was drilled in on a 320- acre lease which is held by W. D- Weathers, president -of the Fargo ‘The production was devel- sulés contract by the Fargo yompany. This contract % been ap- proved as satisfactory by the secre- tary of the interior department. The well which was completed yes- terday reached»the top of the Sun- dance series last summer, but was-not completed to the deeper Sundance for- mations until it was learned that the lower horizon in adjoining fields con- tained Jarger ‘commercial \deposits than the shallower formations, The well at the present time is 1,- 402 feet deep at which depth it will be left until there is a demand for by the preliminary ini well when originally the Sundance formation at a depth of 1,336 feet. The Poison Spider well, completed yesterday coming as the second big gas strike in less than a week by the Fargo company adds much to the merits and possibilities of the con- cern. A 20,000,000 cubic foot gasser ‘Was opened Monday in the South Cas- per ‘Creek fleld: oe HIRD WARD WOMEN TO HOLD BLACKMORE RALLY ~ SETURDAY AFTERNOON A rally of the women of the third ward in the interest of the Cas- per or Blackmore party will be held at the veteran's bureau offices, fourth floor of the Oil Exchange building, Saturday afternoon at 2 o'clock. All the women of the third werd regard- Jess of party are invited and urged to. attend. < The third ward includes all the ter- jis in a position to serve a very prac- }ticat and useful purpose at this time finance corporation. ‘ This is the judgment of former Gov. B. B. Brooks of Casper, who as banker, stock grower, ofl man and member of the agricultural loan committee of.the war finance corpor- ation for Wyoming, {s in a position to gauge the business trend in the state and to forecast the effects that may be expected from the finance corporation plan. The relief afforded cattle and sheep men, extending over a period of three! @ years, will permit this sorely tried | ingfustry to work back to a normal condition, something which, because | of the importance of the industry, pmeans much to the prosperity of the state. This, however, will be only effect of the operation of the! Plan, it is pointd out. Banks will be! relieved of the weight of loans they haye been carrying to <tide stock growers over the | depression, and this in’ turn will make ayai'able easier and better financial accommo- @ations for general business, for new building and for many lines of de-} velopment. The reflection of this | should be seen in practically every quarter. . Many” Applications Being Made. Applications for loans aggregaung nearly -$1,000,000 have either been Acted upon or ure pending before the| < “gricultural loan committee of the war finance corporation in this state. The recent trip through the central | association to familierize local bank- rs with the detail of making loans for their clients from the war financ. corporation is expected to result in many more loans being made in those sections, The war finance corporation, es- tablished “during the war to help fi- nance enterprises essential to the nation’s success in the war, was re- cently revived by congress to extend fi- nancial agsitance to the agricultural and Mvetock industries of the coun- try... The effecw\of the aid: extend- ed to the cotton growers of the south Js already apparent. The’ cor- Poration’s resources gre a billion dollars. A committee, known as the agri cultural loan» committee, passes upon all applications from this state. | George E. Abbott, president of the ®rst Natiénal bank of Cheyenne, is! chai The other members are . Hay, president of the Rocic Springs National and head of _ sev erai other Wyoming bauks; A. H Marble, president Stock Growers N: tional bank, Cheyenne; George Perr: president Sheridan National bank. and B. B, Brooks, president or the Wyor tional bank of Casper, Plan Heipful To All Applications for loans may be made direct through a loca! bank or through the Livestock Loan associa- tion, an fustitution established at Cheyenne for the specific ‘purpose of handling Joans fromthe war fi- nanc corporation, Uniike banks, the loan association is not limited as to the amount “of loans it ' may handle, and by reason of this fact it when an unusual amount of finan- cial assistance must be extended to the livestock industry.. It is also able to handle much of the paper which the banks have been carry- ing through (he depression. This places the banks in & position to ex- tend accommodations to other en- terprifs and individuats, _ thereby giving a welcome stimulus to bus!- ness in general. . / The directors of the Livestock Loan association are: P. J. Quealey, ritery within the city mits, south of the Northwestern tracks and east} of South Durbin street. GOMLITION PROPOSED “AGHINST NONPARTISANS CHEYENNE, Wyo., Oct. 28.—A suggestion that a convention of Wyo- ming Republicans and Democrats be called, to effect a coalition against the| Nonpartisan league, is not being se- tlolsly considgred by political leaders here. ‘They concede that the experi- ence cf some other states suggests that such a coalition is not to be re-! gaided 2% an impossibility, but point ouf that it may not be regarded as within thé realm of probability un-| les§ the @fforts of the league at or-| &ahization in Wyoming are more suc-| cegsful than developments thus far| indicate they will be. ; More than 4,000 have beer turned to the right’ *by Miss Mary| Bartelme, assistant to thé judge of) thé juvenile court in Chicago, and who! is ffnown as the official mother to the motherless. | i MOTHER SEIZES CHILDREN BY FORCE, COURT CHARGE PENDING BASIN, Wyo., Oct. 28. — Cave recovering her children. lett eame to Basin to start divorce proceedings against her husband and while here, the husband took the children, three in " number, and placed them with a. family in the jmerer; Harry B. Henderson, ‘company, Cheyenne; Harry Weston, ‘cashier American National bank, | years. | president First National bank, Kem- prest- Trust Loan dent Wyoming and Ctieyenne; A. D. Johnson, cashier First National bank, Cheyenne, and A. J. Cunningham, president Casper National bank. The borrower pays eight per cent upon loans obtained through thé war finance corporation. This _ includes the corporation’s rate of six per cent anf an additional two per cent which the government allows the banks to charge for handling the transaction. The ravernment is pro- tected through the depositing with the war finance corporation of the the bank’s note and collateral secur- ity. If any losses occur they must of course be absorbed in the two per cent which the bank or other inst!- tution receives for handling such loans. Loans from the corporation cease July 1 1922, but may be renewed so as to extend over an additional two 35 NOTICE. Mrs. Reed Miller's committee of the Presbyterian Ladies’ Aid wil] hold a bake sale at White's Grocery, urday afternoon. 1 Cbe Casper Daily Cridune PAGE FIVE Poste Mote ee tee eee oo aloes Poste te Se a% Po state ste stn she o*, * Sas SP eSoehe eho ate sie efoate ate ctoats oe THE MAN in ‘Makes Another Large Purchase of vercoats at 60 cents on the dollar I Will Place on Sale Saturday Morning, October 29 All these Coats at prices that will appeal to every m Coats were contracted by different merchants throughout the country who were compelled to cancel their orders on account of weather and financial conditions. Having sold out my first ship- ment of Overcoats this fall, I was able to grasp this opportunity. These Coats were made by two of the best manufacturers in America, Bloch Quality Overcoats (Union Made) and Eder- heimer Stein Fit Form Clothes. ‘ They are made up in the latest styles. Single Breadsted models, collars, Raccoon collars a lined. . Several men were dissai morning. PS PPUS SGT ’ CPt OS 4 ee +, ">-teateet xa . + tery ae ttre, 7 ' ? * ° ? o ” o, ro sho ao eho soe . ? So ate * o o Se she Ma Me 50 a8 sho * o foege ? Oy she aM a> o Soe oo m an and young man in Casper. These > ae . . oe! o ? o> o o4, o, s o> ? 2 ? f xD x °, as There are Raglans, Ulsterettes, Double Breasted and with half belts and full belts, several of them are made with Beaver nd Near Seal Fur collars; some are blanket lined and some are leather o eee 2, ‘ rot fi oe o +4, ‘e o *! C pointed who did not get in on my fixst sale of overcoats, six weeks ago and my advice to you is to get here early Saturday oot 0 fon 2, > " This sale will continue until every Coat is out of the house. A small deposit will hold any overcoat in the house for a period of two weeks. Po foe 2, eee 2, ONE LOT OF 17 OVERCOATS Values to $35.00 $19.50 21 BLOCH AND FIT FORM OVERCOATS $50.00 Values 53 BLOCH AND FIT-FORM OVERCOATS $60.00 Values. $39.50 oe o> a Sas oe RD SS o4, o . oo RD Y - , % on ate roof oe! S ~ 2 oe Moat no agee °, . roe a a RD oa! oe 2 - os eS 24 BLOCH AND FIT-FORM OVERCOATS $70.00 Values. 37 BLOCH AND FIT-FORM OVERCOATS $75.00 Values. 17 BLOCH AND FIT-FORM ‘OVERCOATS $65.00 Values. oe oe, RD - oe, 2 - Me 2%, o 0-0 - RD - oes o ‘e o+ MoM oes > v ‘- oO o ‘oe . Os ah ogee te oS > ay 36 BLOCH AND FIT-FORM OVERCOATS $85.00 Values. Saad a 2 e's o% 14 GENUINE BEAVER COLLAR BLOCH AND FIT-FORM OVERCOATS In This Lot. Reg. $100.00 Values. 5 RACCOON COLLAR BLOCH AND FIT-FORM LEATHER- LINED OVERCOATS $75.00 Values. te steaks ro? o o oa R ‘ Oo ost fo fe ates i i ee ee HARRY YESNESS TAILOR and CLOTHIER OUT OF THE HIGH RENT DISTRICT My Meads sh So ase goats: fo. ox ? o*, 2 OF neighborhood. Upon her return the wife went on the war path, came to. the house where the children were and being refused admittance Knocked the man in charge out of the way, secured the children and returned to her home. The family troubles will be aired in district court here next week. a te onto oe R xa ? TO THE KIDS OF CASPER---- Your Last Chance to Get a Cap Free hour as you know what ‘ATURDAY MORNING, OCTOBER 29, AT 10 A. M.—Now be here at that as yot WM ha pananlieeiine’ Eater who already received one of my caps | will ask them to kindly not double up ont 4 b by Sy eins Hie kids who did not get a cap last time a chance tomorrow. I will only give caps to boys under 12 years of age. Bring your gang, a HARRY YESSNESS Your Old Friend, “The Man in the Barrel.” O o4 o ‘e Ow) ho foe Ooh Soe oO, RD M8 fo. 4 oot at opeegegte. > > > oo tata taste ste ste seva te sese Age Ht tO He tt He MO Ot Ot OF oS re" Mo a%e Oo Oe On tn So ctecia dele tin ds Sacto ste ctectectecte oe Se Rosh sho afe she eho fe of she afe efeale- eho oho sto ahe sl aho-afe-so-ale-age-afe-she-ate she sfe- ste she-ate-ate-slo-ace sleet ee ae ae an Ae ase een ase ase ese ee as RI t * wr Paste cta he ere tte ececte Moase se cpoage seen