Casper Daily Tribune Newspaper, January 21, 1922, Page 8

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

?AGE EIGHT GONSOLIDATED ROYALTY REPORTS ad it Liabilities TA HNGQUET | IN WHEAT PIT Market Settles ‘Slightly Opening With Operators in Waiting Mood. at n, raders on the of trade were in a waiting mood ‘at the start of toda} session. Trade was light. sentir mixed and the market settled a litt y started %o lower, to unchange at $1.13% to $1.14%. Initiel figures for July were lo low wr at 1.01% to $1.02. Prices sagge tb the low level of these rang the aecovered to the top at the end of ut iirst hour. Buying by strong commissic houses made for higher prices lat« and a, new high for the present u turn was recorded. Profit-takin checked the advance but the unde tone was strong. May closed $1.15%, to $1.16 and July $1.02% $1.03, Holders of corn were trade in favor of oats The selling was not wide a recovered May = star r to unchanged at 63% to later gainir CHICAGO. Chicago board to inclined t the st 1 pric soon lov 34c. July began at Séc, ‘orn strengthened with wheat bv was held to narrow range by houses se Final _ prices r 53%0 to 5 B3%c (for May an 85%e for J Oats were firmer and unchanged 1 higher at the opening with M 38%ec and gain of Yo in the first hour. Provisions reflected a stronger ket in Ive hogs. Trade was light prices generally 2% to-5c high an: Closing Quotations. Wheat— Open. High. Low. May 1.18% 116% 1.13% u 01% 1.08 1.01% May -- 83 53% BK I B% May —— 88% SO% 39% © 40 18.50 i recent years. ais earned of the during the year, balance fed to The condensed balance sheet ished herewith fal c for $4,513,928.49 300.00 ? $4,592,228.49 40—$4,078,961 869 ‘The statement 3 of the c President mpany by cipates a grad! ved condition for the oll indus- of the state during the coming year and covers fully the disastrous condilt: which the industry faced during 19: The statement follows: Notwithstanding the marked e- ssion suffered by the ofl industr fut the world during the p: causing an extreme fizctuation the price of crude oll from d price in this locality of ¢ a barrel during the nths and the addittonal nat the purchasing com- es could only buy pne-third of the al produce’, thus bringing about a eduction of gross income during that veriod of approximately 90 per cent, ur company has been able to main: s 12 per c dividend and sti a balance of 36 5. Late in the fall of 1921, the price crude ojl advanced to’ $1.40 per rrel and it is probable that the pipe- e runs will be increased to 40 or 50 r cent of. the present production m the Salt Creek fleld. “A number of new roys'tv Interests re purchased during the year. ong the more impor-ant ones, the pany acquired a 25 per cent car- 1 interest in Tract being the ithwest quarter of section 6-39-78 s was considered best tract in Salt Creek field those sola by ent at the June auction ght $226000. Satisfac- nents 11 en made te development and two being drilled on sally ear, ern and bro! OF HALE A MILLION: rable for the ol! aseets | , nda deep s now be- mn all, y very attract- the carried in possibilities and srest of your company amounts to mething over 820 acres. “Tt 1s generally belleved by the best vsted men in the off industry that cradual and steady improvement reasonably be expected from now Without attempting to forecast re future, I feel certain that your ompany will, by comparison, ‘show Y satisfactory returns; and any in- > in ¢ oil ti e price, mn by would !mmediately 1 in increased earnings.” 2c; seconds, 25@26c; standards, S0c. Eggs—Lower; receipts 8.649 cases; firsts, 34@43c; ordinary firsts, 29@31c; miscellaneous, 82@34c. Poultr Jive, unchanged, or the quaptity he refiect- — —=—>—__. A memorial tablet has been placed t Martineau, the famous author, ed for many years. IRON AND STEEL FEATURE STOCK TRADING FOR WEEK AILS ARE DISAPPOINTING ISSUES ON BIG EXCHANGE NEW YORK, Jan. market threw off its ap when steel and tron shares became © central features at gains of 5 so-called indeper y for these stock: came in large part from speculat quarters, but observers. noted sub. stantial absorption by certain inter. ests which are believed to represent to bankers connected with proposed con-|5 per cent rate. solidations. Gulf States Steel overshadowed th: list at an extreme points, advance of advan| 30 but part of age disappointing fea- jess and reaction retracting from the stren igth that Henry | tion was paid to the unset: occasional| centers on the appreher 21—The stock |of the general list. The only trans- thy this week} portations to display any degree of strength were cotton carriers and ome of the popular grangers. Money rates stiffened as a result of ‘ing down of local reserves or banks and heavy pay- ments for federal account. Call loans again rose to 6 per cent, but most ac- comravdations were offered nearer the Time funds were per cent and some short maturities were negotiated at 4% per cent on prime collateral. Outside of bank circles Iittle atten- tled foreign exchange markets. Leading remit- tances moved decidedly against home fon excited ch political conditton: 92 Monuments and Markers to Go at Cost. Moving my place of business further evold handling my have them compare tl ence that during this sale I am at from 3 stones f 0 to N other mo: Prices, All guaranteed. large monument stock twice I offer everything at Don't be misled by those silver fongued co cut of town. I inylte you to bring ned salesmen along with you to my sh ir prices. I will prove to you in th to 80 per cent less than they are. ldren's graves I quote you at $30, ee-ton family quote at $1,000, I am a ents on the same scale, ers taken now will be for Decoration Also leave your order for a ce! Examine my work at the cem east on Second street to issioned monu- ing Carved lamb tomb- , they usually quote granite monuments all ing now for Do not miss ROBERT SIMPSON Casper Monument Work: tho house in Norwich where Har-| his this | >| the purchasing com-|~ an Can Lecomot;y n Pacific. Leather . fotors . ino Copper Products .. ucible Steel uba Can General Electric ral Motors h Co. Milinols Central ... Int. Mer Internatio: Kennecott Copper Miami Copper .. Middle States Ott Midvale Steel ... Missour! Pacific . New York Central N. ¥. N. H. Pan-American Pet Pennsylvania People's Gas Reading .., Rep. Royal Dutch N. ¥. Sinclair Con, Ol . Southern Pacific . Southern Railway Studebaker Tennessee Copper Texas Co. Tobacco Products Trancontinental Union Pacific F Ind. Alcohol States » Copper . We-tinghouse Willy’s Overlana Zine Petroleum tana Pow nck Arizona, |Pure Oi Invincible ou New York Stocks Associated ress Leased Wire LAST SALES. ican Car and Foundry . ican Hide and Leathér pfd. re and Ohio and Ohio . lorado Fuel and Iron at Northern pfd. . at Northern Ore Ctfs. Paper Louisville and Nashy Mexican Petroleum . 2 and Hartfory Norfolk and Western . Northern Pacific ... Oklahoma Prod. and Ret. Pittsburgh and West Va. Ray Consolidated Copper Iron and Stee? Shell Trans and Tra Standard Oil of N. Corporation Texas and Pacitic . a Products . Retail Stores . States Rubber Steel a Superior | Bessemer Big Indian Black Tall Capital F ‘olumbine . . Elkhorn £. T. Willams. ° Kinney . Lance Creek Roy Lusk Petroleum Mike Henzy t Paul = Northwest . Outwest Picardy - erton Refg. d Bank .. yaity Inited Pete -. 32 | Wyo-Kans. 101 | Wyo-Tex. 40% | Western Exploratio: ern Oll Fields . Rites Boston- Wyoming — — Buck Creek -—-—. Burks — ste Binckstone Salt Creek Consolidated Royalty . 1.1% & Producers. -1f al ~ tern Exploration. a River Ret NEW YORK CURB CLOSING. Marine Oll ...... seee$ 1.87 $ 1.62 Mountain Producers . 11.50 11.75 Merritt 9.12 9. Glenrock O! 1.13 1. | LOCAL OLL STOCKS. 4 20 2 37 Bo 70 2 as 20 20 a 04 20% 00% Br 2 1.2u 26 23 at 13 .02 o4 06 oF 48 50 1.90 2.00 20 2 ery 03 19 22 wo 06 2 03 4 205, 68 70 20 -30 1 01% 02 04 03 04 31 33 16 03 04 03 4 50 2.75 01 02 03 Ot 1.05 1.45 % 1 m . 2.25 2.50 ++ 1,06 1.08 se 08 10 "35 37 oi 25 at Salt Creek Pr 14. Salt Creek Con. . 9.50 10. Pro. and Refrs. . 5.50 6.00 } Mutual a 6.00 6.12} roleum Cities Service Com. .. 170.00. 172.00) S. O, Indiana . + 86.76" 87.00} LIBERTY BONDS. | 15 3% $ 96.80 < rt 4s 7.004 Second 4s First 44s 3|Second 4\s Third 4%s Fourth 44s . Victory 4% J. pta. Grass Creek -. 9% | Blk Basin Lance Creek 7% | Hamilton Dom Rock River - Salt Creek Big Muddy Mule Creek — 97.00) 97.20 100.18 higher; dot, OMAHA Jan. %1- tive 5 CHICAGO of Mark compare id fat cows and to’ 50c n. )- the times. Phone 315 Livestock Mart Chicago Prices. Cattle—Receipts with week ago; beef steers © ower; others and stockers steady, Hogs—Receipts 11,000; active, mast- ly 10 to 16c higher than Friday's av- Practically all dealers in Cas} aco Products of all nature. butchers up most; $7,767.90. 21—(U. S Bureau 500; Zambs week ago; helfersgmostiy 25 | hisher. canners afd cutters bulls 15 to 25¢ lower; 75e higher; common and] DENVER, Jan. grades feeder steers weak to} ceipts, none; beef feeders, $5.50@7. DRILLING Steam Cylinder Oils Gas Engine Oils Steam Engine Oils Tractor Oils Automobile Motor Oils Wire Rope Lubricants Cup Greases Axle Greases For Information Call Plant 400 Block | Markets.) —stogs--Receipts 6,000; to 10c higher; medium weight is pared with week ago; (at lambs 25 i 2% | to 40e higher; :fat sheep and yearlings 423 to 50c higher; feeder lambs 50 to Lead and § 4 week closing at the high Omaha Quotations. S. Bureau of nc ath, top $8.00; bulk of stle—Reeetpts 225; compaed with | week ago; beef steers mostly 25¢ low- er; she stock steady to 26c lower; bulls. about 25¢ lower; veals 25 to 50c high stockers and feeders ‘15 to 25c higher. Sheep—Recelpts 200; compared with 7 to 85e higher; sheep yearlings and feeders 50 to ‘Be Denver Quotations. 21.—Cattle — Re steers, $5@7.50; cows and heifers, $$@6; calves, $7.50 @8.50; bulls, $2.50@3.50; stockers and erage; packing sows and pigs about} Hogs—Recelpts, 100; market strong; steady; shippers bought abcut 6,560; | top, one fair load, $7.40. Good clearance; top 8.75 on light lights;| Sheep—Receipts, 850; market 16¢ very few over $8.60; bulk $8.0 and 25c higher; lambs, $12@12.25; Sheep—Rece! 3000; toda: feeder lambs, $10@ Our Lubricating Oils and Greases help to stop those breakdown delays. We carry for immediate delivery complete stocks. One Gallon or a Carload. alt is | per can supply Tex- At prices in keeping with THE TEXAS COMPANY W. Railroad Ave. from $20 to $30 on the average 5-room house. tell your lumberman to have us sand your finish, Casper Mfg. and Construction Co. Phone 1096-J POCSSOSESOSESODOSS PLPCESOOOOSES OOO SEES EOCESS. Building Costs Lowered By having us sand your interior finish you saye Just Che Casper Daily Cridune HIGHER PRICE TREND SHOWN BY WHEAT 2%%c a bushel. sharply reduced ga homa and Kansas. reserve estimates which if accurate would seem to imply that except for mill and country elevator stocks the United States was facing a shortnge of 80,000,000 bushels of 1922 crop would be Timely snowfalls in the southwest j. afforded needed moisture and protec tion to winter wheat, a moderate downturn from the top prices of the week. Corn and oats, dei for the most part from the action of Beskies, there was further export buying of corn, and estimated farm reserves of corn were cut down. wheat. Scantiness of prov! ed to lift the value moa SA Montreal—04.15. ; loyalty is making The Wyoming Na- STOCK MAR KFT Silver. . tional a big bank. | Seliapiraeectan Fifty dollars is enough to start a P| Jewelry and watch repairing by ex : 5 IRAE ULAR pert. workmen, All work gustanter checking account here, Casper ee, Mfg. Co., 0.8 eee Specialties Uncertain and Opening of Session Lacks Sensations, NEW YORK, Jan, 21-—Selling of especially those issues which steels, contributed - largely | dealings, featured today’s brief market Gulf States extended its re- ‘ction by over 7 points,.making a total session. high prices. “points and declines sustained by Bethlehem, Great Northern Ore, Sloss Sheffield, eon ennae i Republic and Vanadium. Losses of 1 to 3 points were principal olls, chemicals, textiles Coppers, shippings issues strengthened, were generally lower. | mated 600,000 shares. Libert “borids eased and other bonds were steady. NEW YORK, Jan. 21.—Sonsational features were lacking at the opening stock market but prices soon of toda: oped _irregulartt CHICAGO, Jan. 21.—Wheat has shown a decided tend- ency toward higher prices this week, laa as a result of prospective greater European demand together with talk of a coming shortage in the domestic supply. a week ago, the wheat market this n-orning was up 15% to Corn % to 2% to 2%c; oats % to % to %c and provisions 1c to 50c, Announcement that world stocks of wheat had decreased nearly 6,000,000 bushels in a week and that estimates of tho Australian surplus were being | ¢, hopefulness about a greater call nheac from Europe for wheat. The buying side of the market was also favored be- cause of adverse crop reports from Ok- lahoma and ‘lsewhere southwest, and later because of word of the presence of the green bug pest in Texas, Okla- . Short Forms ore, than 25 points from yester- Replogle lost 4 .For Individuals é of 1 to 2% were Crucibie, NOW READY °; motors, Pete _ Abank-is more than.a place to keep _ your money nowadays. That used to a - be the main purpose—a cold vault _ and and safe deposit boxes, a sancti- monious looking individual with side whiskers in charge. It’s not like that now. x bank that deserves the name is a place where you can find a man who is human to talk to about your business, a man who wants to help you, who respects your confidence and can be relied upon to go to the bat for you. That's the kind of bank The Wyo- ming National Bank is. Its custom- ers areits friends. Its growth in pop- ularity is due to the way it has served these friends. They iike it, and their Compared with Other gains for the week were: Steel repeated’ its recent uncertain course. That stock made an carly gain of 1% points but almost immedi. © some point to ‘Manhattan Shirt were 2 to 2% polnts- Higher: Food specialties, including Corn Prod. ucts, as well as chemicals also came unsettled on American Sugar's Geeline of 145 eae 2 » Fireign Erchange Irregular. NEW YORK, Jan. 21—Great Brit- aln—Demand 4.20%; cables 4.21%. France—Demani 8.09%; cables 8.10. Ttaly—Demand 4,37 cables 4.38. Belgium—Demand 7.76%; cables 7.77. 0.50; ‘Then came farm wheat before the available July 1.] © paDeeaak 0.50%. Hollanéd—Demana 36.44. Norway—Demand 16 Sweden—Demand 24.87. Denmark—Demand 19.95. x Switzerland 19. Switzerland—Demand 19.93. ; Spain—Demand 14.92. 7 Greece—Demand 4.30. Argentine—Demand 33. Brazil—Demand 12,62. cables 36.38; led, however, to cables AND GRAINS DURING WEEK) rived their gains ‘ision stocks tend- of provisions, Income Tax Blanks to yesterday's Can Be Had . Reimerth & Van Denberg Public Accountants Income Tar Service sustained by the equipments, and junior rails. and chain store Closing prices Sales approxt- Oxy-Acetylene Welding’ Satisfaction Work Guaranteed . _ Steen & Shaull Welding Co. East Second and Yellowstone-—-Phone e283 Casper, Wyo. Service 100-1 0. S. Bldg. Phone 767. ty as G States THE UNIVERSAL CAR PRICES REDUCED | _ These Prices Lowest in History of _. Ford Motor Company _ Effective January 16, 1922 NEW PRICES TOURING, Standard . . - $348. 00 : TOURING, with Starter seal ‘Denctntalle Rit. 443.00 RUNABOUT, Standard. - «319.00 RUNABOUT, with Starter and Demountable Rims 414.00 SEDAN, with Starter and Demountable Rims . . 645.00 COUPE, with Starter and Demountable Rims . . 580.00 CHASSIS, Standard =... + + + «285,00 TRUCK. BEN) ete ae eee a : "These Prices F. 0. B. Detroit _PLACE YOUR ORDER TODAY EARL C. BOYLE — Authorized Ford Agent 125-137 N. Center St. Phone No 9

Other pages from this issue: