Casper Daily Tribune Newspaper, February 7, 1922, Page 6

ny, eee TUESDAY, FEBRUARY 7, 1922. ; loan, 5. 5 ee, toane, ‘firm; 60 (Gaym 4%; 90 days, 4% @5; six months, 4% @5. Prime mercantile paper, 4% @5. PAGE SIx Greece—Demand 445. Poland—Demand .03%- Argentine—Demand 36.00. Montreal 95%. and American Wodlen, however, the moverrcnt was limited to inactive spe- cialties. Among these were Coca Cola, Owens Bottle, United States Cast Iron Pipe. Martin Parry Wheel Arrow preferred extended to the com- mon and Woolworth reacted despite Money. a its favorable annual statement. To-| xeEW YORK, Feb. 7.—Call money. MARKET GOSSIP AND FIELD NEWS STOCKS HIGHER Rae Se Said eal Nate ee earn ee Mf BILLINGS TESTS MAKE PROGRESS = BILLINGS, Mont., Feb. 7.—(Special to The Tribune.)— Despite the intense cold of the last few weeks, work has been continuing without appreciable break in the two test wells being drilled in the Lake Basin area, northwest of Billings, ed YORK, Feb. 7—! bar NEW silver, 65%c; Mexican dollars, —_————- ON EARLY SALES === = Sumatra, steels nd) ing rate, 5; closing bid. 4%; offered at dials than reflected realizing 68268. = Substantial Gains Recorded |“““?™""* | = by Selected Issues at Mar- ket Opening. NEW YORK, Feb. 7.—Bullish ac tivity in the stock market was re- —Demand 4.34%, cables 4.35%. France—Demand 8.7%, cables 8.48. Italy—Demand 4.78%, cables 4.79. — Demand 8.09%, cables Made Him Feel ett gee ee Barnsdall-Foster Soporstiol is preparing to jana string of Anaconda Copper - Joa |Mumed today. The further rise caused | 8.10. ; ae ; 54-inch casing at bottom of hole, 3,430 feet, on the Big Lake SUE’ 0-0 ooee considerable profit-taking however,| Germany — Den:snd 49%. ° : Swi wa ~|or Battle Butte location, acti anid- |A%, Out and “Ww. D $47] ih resultant reactions in the final | 50%. e u if Northern Oil company is drilling with | Baldwin Locomotive goo |ealings. Sales approx'mated 800,000/° Holland — Demand 37.32, cables full hole of water at depth of approxi. | Baltimore and Ohio 3g [Shares oS stu | oe & | mately 3,160 feet the High Dome her a ‘Traders resorted <<"! Norway—Deman4é 5 . Big Coulee. == 47" |milar practice of blading up special] swaden—Demand 25.85. “What makes the popularity of The ‘At the Barnsdall-Foster well a fish-| Comtral Leather ‘og |t0cks for effect on the general lst in] Denmark—Demand 20.36. | - % s > ing job, necessitated by parting of the | Chandler Motors . “og | the carly afternoon. Sugars, Baldwin.| switzerland—Demand 19.55. | Wyoming National Bank? string of 6% inch asing, has just|—besapeake and Ohio teem my og |Studebaker, Marine preferred and ir-| Spain—Demand 15.36. { been completed. This string has been oie. at ae Seanneaie AMAT ey ry Loy mare steels Soret te 2% — f 4 pulled and the holg will be straight-|Chicaso, R. I. and Pac. ...-.. - ees. 2 States int near- 2 eer cs , Feated from depth St 2,992 fect, where | Chino Coppers. .... g | noctiwent = 384, 22 [iy 8 pointe [ One man asked this question of an ; the 3% inch is landed, to 3430 feet, | Colorado Fuel and iron pe a market became very uncertain ae other at a luncheon the other day, and Buying in Chicago Lively on Reported Advance in Other Markets. CHICAGO, Feb. 7.—Dealings on an mnusually large scale accompanied a continuance of advancing prices in the wheat market today during the early part of the board of trade session. New upturns in quotations at Buenos Aires and Liverpool had much to do with the rise here. Besides talk was current as to adverse conditions for the domestic winter crop in the south- west. Heavy selling to release profits, however, was in progress on the as sumption that after a 2ic recent ad- vance the reason for higher prices bad been discounted enough. The opening, which ranged from 1% to 2%c higher, with May $1.29% to 1.20% and July $1.12 to $1.12%, was followed by numerous changes within the initial range and then a slight eetback. Subsequently the market lost more than the early advance. Buying pow- er gave out at times, but revived in some degrees at the finish. Closing prices were unsettled, % to%e net higher, with May 1.28% to 1.28% and July 1.11% to 1.11%. Corn and oats ascended with wheat and the July delivery both of corn and oats touched the highest prices yet for the present season. After opening % to 1%c up, May 59 to 59%, the corn market reacted to a moderate extent. Later houses with eastern connec- tions did much selling to realize profits, and country offerings were of \beral volume. The close was unset- tled, % to %@%ke net lower, with May at 58S@58% to S8%c. Oats started % to %c higher, May 40% to 40%c, and then eased back somewhat. Higher quotations on hogs tended todife provision values. Closing Quotations. Wheat— Open. High. May ---$1.29% $1.30% July —- 1.12% 1.12% Corn— May .— 59 59% BT CS July -— 61% 61% 59% 60% Oats— May -— .40% 40% Jaty 42% ALS Pork— May. - — -—— 18.70 Lard— May ---10.47 10.50 10.32 10.32 July -10.72 10.75 10.55 10.55 Ribs— May --10.07 1010 9.80 9.80 ofp Soe Fas 4 ee S800 Batter, Eggs, Poultry. CHICAGO, Feb. 7.—Butter—Higher; creamery extras, 36@26%c; firsts, 30@ 35%5c; seconds, 27@2%c; standards, 34c. Eggs—Higher; receipts 7,489 cases; firsts, 38% @39c; ordinary firsts, 23@ 35c; miscellaneous 37@38c. Poultry — Alive, unsettled: 24%$c; springs, 29c; roosters, 18c. Livestock Mart Omaha Quotations. OMAHA, Feb. 7.—(U. 8. Bureau of Markets). — Hogs — Receipts 17,000; early sales steady to 10c lower; close strong with previous day’s average; fowls bulk $8.85@9.15; top $9.25; packing grades $7.00@8.25. Cattle—Receipts 9,500; beef steers low, about 25c lower; heavy beeves $7.75; she stock and veals steady to 25c tower; bulls, stockers and feeders generally steady. Sheep—Recejpts 10,000; lambs steady to 25c lower; bulk $12.75@13.10; top $13.25; sheep and feeders mostly 25c lower; ewe top $7.90; feeding lambs $12.50. Chicago Prices. CHICAGO, Feb. 7—(U. S. Burean of Markets)—Cattle—Receipts 10,000; beef steers, calves and bulis opening slow; mostly steady; good to choice steers scarce; bulk beef steers $6.50@ 7.65; she stock steady to strong; stock- ers and feeders strong to 15c higher. Hogs—Receipts 32,000; 10 to 20c higher than yesterday's average; lighter weights fairly active; others slow; big packers doing nothing; top $10.00 on 150 to 180 pound hogs: bulk light $9.75@9.90; bulk others $89.15@ 9.65; pigs 10 15¢ higher, up to 100. Sheep—Receipts 13,000; best fat lambs strong to 15¢ higher; others and sheep and feeder Jambs firm; fat lamb top to shippers carly $14.15; some held higher; choice 89 pound Colorado year- lings $13.00; good ewes $7.00@7.35; de- sirable shearing lambs $13.50. Denver Quotations. DENVER, Feb. 7.—Receipts 1,500; market steady; beef steers 6.00@6.25; cows and heifers 4.50@7.00; calves 6.00@8.50; bulls 2.50@3.00. stockers and feeders 5.00@6.55. Hogs—Receipts 2,600; market 5 to 10c lower; top 9.05; bulk 8.70@9.00. Sheep—2,700; market 10 to 25c low- er; yearlings none. lambs 12.50@ 12.80; ewes 6.75@7.00; feeder lambs 11.75@12.00. OS ee ES Americans use an average of eight matches each a duy. Smoke Transe Cigars, = RAILROAD where drilling will be resumed. At present the hole is open from 2,992 to 2,430, but placing of the 6% inch cas ing should entail but a few days labor at worst. Bit in the Mid-Northern’s High Dome test well is in the top of the Quadrant formation, where s water sand recently was encountered. Showing of ofl and gas from the Eagle in the well drilled by Fred Har- rison and associates. on the Colureb.is Dome, three miles from the town of Columbus, warrant another test of this structure, Mr. Harrison believes. In evont it can be financed, another hole will be put down farther down on the flank of the structure. There is like \Whood of this well being started in the immediate future, since {t involves ex Ppenditure of but a few thousand dol- lars at most. Casing string has been shot and is being pulled in the Duck Creek test of the Consolidated Oil and Ges Syn- dicate, 18 miles southwest of Billings. This test has been definitely aban- doned and the rig has been purchased by former State Senator T. S. Hogan for use on Beauvais creek. Attempts to finance for continuation of this test to point which would es- tablish without question contact with the Madison lime have failed. Pro-| moters of the test believe the hole has been carried down to the lime. That there will be resumption of ac- tivity on many of the wildcat struc- tures adjacent to Billings in the spring seems likely now. Lack of finances halted a number of these operations last fall. Henry Scheutler of Cartersville, a station on the Milwaukee railroad in Rosebud county, a few miles north of the town of Rosebud, will spud in for test of a structure near there on Feb- ruary 15. A number of geologists, among them George Beck of the Ne- braska state geologist’s office, have passed upon the structure and recom- mended it for drilling. Nearly 25 years ago drilling developed a splen- did artesian well in this area, and with it a gas flow of some proportions. SURVEY T0 COAST 1S. PROJECTED FOR EXTENSION, GLAIN Engineers for the Chicago & North- western Railroad company will com- plete work this year on surveys for ex- tension of the line across the Rocky Mountain region to the Pacific coast, aaccording to reports received here from Coos Bay, Ore., which expects to be the coast terminal of the line. Sections of this survey were completed before the war but construction of the line was stopped at Lander, Wyo., the present western terminus of the Northwestern. ALL ELK LODGES IN _ STATE REPRESENTED CHEYENNE, Feb. 7.—The Elks lodges of Casper, Rawlins, Rock Springs, Sheridan, Laramie, Greybull and Cheyenne—all the B. P. 0. E. subordinate bodies in Wyoming— were represented at a conference here Monday with T. B. Kennedy, deputy district grand exalted ruler for Wyo- ming. Monday evening the visiting exalted rulers attended a session of the Cheyenne lodge, at which 85 can- ai were initiated. action total. $53,381, it is claim Corn Products . Crucible Steel . Great Northern pfd. Great Northern Ore Ctfs Illinois Central . Inspiration Copper . Int. Mer Marine pfd. International Paper Kennecott Copper Louisville and Nast Mexican Petroleum Miami Copper . Middie States Ot Midvale Steel Missouri! Pacific . New ‘York Central ee: N. ¥., N. H. and Hartford Norfolk and Western . Northern Pactfic ... Oklahoma Prod. and Ref. Pan-American Petroleum Pennsylvania People's Gas . Pittsburg and West Va. 24% Ray Consolidated Copper 14% Reading ....< FS 73% Rep. Iron and Steel . 53% Royal Dutch, N. ¥. - 59% Shell ‘Trans and Trad. 37% Sinclair Con Of ..... 20 Southern Pacific ..... 82% Southern Railway .. Standard Ol of N. J. pfd. 19% 115 U. 8. Frod Products . 8. Retail Stores . 8. Ind. Aicohol . nited States Rubber . United States Steel Utah Copper Westinghouse Electric . Willy's Overland ....... American Zinc, Lead and Sm. Butte and Superior . Cala. Petroleum . Montana Power Shattuck Arizona Pure Ol ... Invincible Oil General Asphalt - Vining Company May Be Forced To Dig Up Taxes 55 HELENA, Mont., Feb. 7.—County Attorney George Bourquin of Silver Bow county has filed an application in the supreme court for a writ of mandate to compel the state board of equalization to assess the Butte and Superior Mining company on $1,186,- 245 of net proceeds. The state board, on an appeal last fall, held that the mining company need not pay net proceeds taxes for 1920 because of" de- ductions claimed. The mine on which it is alleged taxes are due is the Black Rock mine at Butte. The company, before the state board, claimed a deduction of $2,719,379 for “ores purchased.” Of this amount $2,500,000 was sald to have been paid to the Clark interests in settlement of a lawsuit. ‘The county attorney in his applica- tion alleges the county board ordered the mining company assessed, that County Aessessor Peter J. Kelly re- fused to make the assessment and that the state board of equalization unlawfully granted the company’s appeal. The taxes lost to Silver Bow county by reason of the state board's Every dollar you spend above the prices I charge have prices down where th methods. EXAMINATION FREE Gold Crowns $7.50 Bridge Work $7.50 Best Plates in Rubber Guaranteed ....$20.00 Painless Extraction, $1.00 DR. CARLL 4th Floor, O-S Bldg. Phone 564-J Don't Throw Your Money Away the best that good materials can make it. made a reputation for absolute honest service and I guarantee every piece of work, and will make good on anything that is not satisfactory. for your dentistry that is is money thrown away. I ey belong, and the work is I have & Wind River Rets. 4 Prod. and Refrs. 5.50 Mutual .....- 5.75 Citles Service 171.00 S. O, Indiana ....-+++ 86.37 Studebaker Corporation . 94% | Tennessee Copper . 11 Texas Co. 45%, Texas and 30% Tobacco Products 63% {rancontinental Oi 10 Union, Pacific ... ++ 129%] Royalty and Sunset >. Tom Bell ity Western Exploration. United Pete -— Wyo-Kans Wyo-Tex. Western Exploration - 2.2 Western Oil Fields .. W. 0. Rites Yi OU \osescece Western States NEW YORK CURE CLOSING. Marine ........+++0++ 112 $ 1.37 Mountain Producers 11.87 9 12.12 Merritt ..... 875 9.25 Glenrock Oil ts 91 95 Salt Creek Producers 13.87 14.12 Salt Creek Con. 8.75 LIBERTY BONDS. Sigs, sss First 4s Second 4s First 44s .. |Second 4%s -. Third 4%8 ..- Fourth 4%s |Victery 4%s Grass Creek ~-—-------------~--$1.90 3% | Blk Basin -—--------__-. 1.90 Lance Creek Hamilton Dome — -----------——— + 1.90 14 NEW YORK, Feb. 17.—Copper— Dull; electrolytic, spot and near by, 13%@13X%c; futures, 1344 @13%c. Tin—Firm; spot and near by, $31.87 @32; futures, $31.37@31.50. unchanged. spot, $4.70@4.80. East St. Louis deliv- ery, spot $4.50@4.55. Antimony—Spot $4.40. ——. Five million questionnaires will be used by the American Legion in its service and compensation drive, to be undertaken by states, Eath man who served during the world war will be advised of government benefits, urged to carry government insurance and asked to designate the nature of ad- justed compensation he wishes. Ee tear later, Pierce Arrow preferred falling 5 points and #vod Products, Corn Pro- ducts, Houston Oil and National Lead showing distince pressure. The close was irregular. Liberty bonds were firm as was also the general bond list. NEW YORK, Feb. 7.—With few ex- ceptions the stock market made fur- ther substantial gains at the active opening of today’s session, Junior rails, independent teels and oils again led the advance. Erie first preferred rose 1% points and accumulation of St. Paul preferred, St. Louis South- western preferred, New Haven and Rock Island was in progress. An early rise of 1% points in Gulf States Steel was soon increased to 2% points Great Northern Ore also coming brisk ly forward. Maryland was strongest of the ojls with Mexican and Cali- fornia Petroleums. Reactions running from fractions to 2 points marked the initial offerings of Amezicz Ice, Pierce Arrow preferred, Pullman <=i American Snuff. Money rates stimulated the further rise of the first hour, call loans open- ing at 5 per cent as against yester- day's carly rate of 5%. Aside from Mexican Petroloum, American ‘Sugar Electric Supply & A ea Every woman loves pretty clothes. I high, but most materials are not and electricity is not. It is a real delight to fashion your clothes with an electric sewing ma-_ chine. They rapidly take form into pretty gowns. Ask for a practical demonstration in your own home by, our factory expert—on any of the following machines: The Rotary, Western Electric, Davis & Free and Westinghouse. SPECIAL TERMS IF DESIRED ‘Natrona Power Co: Construction Co. Phone 483-W 142 E. Midwest Ave. WE i Safeguard your home and family with electricity —do away with dangerous and unhealthful lighting ar- rangements. It costs but little to wire your’ house and will bring you years of comfort and pleasure. We will gladly send a man out to make an estimate. Phone Us Today. AN OEY 7) EE CEES S| TT WHEN YOU BUILD OR REMODEL THAT HOUSE . Let Us Figure the ~ Plumbing and Heating Work We guarantee our work and stand behind every job we do. H. A. BURK Heating & Plumbing 319 S. Durbin—Phone 43 The New Easy Way to Dress Well . PHONE 69 Dressmaking bills are Electrically One White - Rotary Electric Sewing Machine Absolutely FREE During This Campaign ite 16 Sf ES | OE 9) MEE EAR / AEN the other, who carries his account here, told him: “I'll tell you why I like them. You always find the president of the bank and all the other officers - out on the floor iooking after the in- terests of their customers. You don’t i find them hidden behind closed doors. ” “Arother reason,” he continued, “is the way they treat people. When I started my little account they made me feel like Babe Ruth when he puts one out of the lot, you know what I mean? They treat people like that and I think people like it.” A bank that takes. checking ac- counts as low as $50, or a savings ac- count for a dollar and gives high class service with a smile, must be popular. That is what makes this bank grow. Wyoming National Bank ~e Casper’s Popular Bank TRUCK OWNERS Is Your Engine a Buda? We have recently opened an office in Denver for your convenience. You can get any part for any model Buda. Let’s put a “Buda” in your truck. WIRE PHONE WRITE The Buda Engine Parts Co. 1055 Broadway Phone Champa 7533 Denver, Colo. WHY PAY HIGH RENT! We will sell you a house for small payment down and bal- ance very easy terms. Monthly payments on some of our houses are as low as $25 per month, and in a short time the property is yours, or you can buy a lot for 10 per cent down, balance $10 er month, and you build Re aay error re ae your own house. We allow small Room 233 Midwest Bldg. Phone 1040W. Anna Bell, Wyoming Oil Co. Stockholders Please call for your mail at the postoffice —general delivery window—for the next ten days, unless your mail has been deliy- ered to you. W.E. PATTON.