Casper Daily Tribune Newspaper, February 14, 1922, Page 6

PAGE SIK MARK teiiits T GOSSIP AND FIELD NEWS PILLING NORTH OF BASIN AGAIN: BASIN, Wyo.. Feb. 14.—The Ash- and-Wyoming Oil company drilling six miles north of Basin, and who have been shut down for a week will resume operations rext Saturday and expect to reach the Tensleep sand in ] | » Cody anticline is reported at 1,650 feet and will probably reach the Ten- the coming week. Ohio Oil company is still mov- Th E ing material to Mercer dome and will Increases Yesterday in For-|bo ready for action as soon as the eign Markets Followed by eg moderates sufficiently. This company is also reported to |have secured a block of acreage in the | Bud Kimball dome near Tensieep and jare constructing reservoirs there to | collect a water supply. .*| The Tatman Mountain Oil and Gas will hold a meeting here 5 and expect to raise funds mg their deep test near Jump in Chicago. CHICAGO, Feb. 14.— price of wheat ve ago today, been regi Indiana Shale Oils. Ind, Fed. 14.— last the country 100 at present rate of consumption ined in the oll shales of In. to estimates an- $199% ani ; sa after an extensive sur- figures sored ae ~ eae Isis conducted by Indiana reached In the early Jas: profits broadened the time being as gales to obtain The avera; eld and for at least ‘erage yield from the Indiana shales is 12 gallons per ton, with checked any further gain. soston, Wyormi Buck Creek ... Burke Biack Stone Salt Creek 26 Biack Tail ... Capital Pete . |Columbine .... wis ascend eee, Consolidated “Royalty 115 ‘Am. Sumates’ Totacso. Cow Guich . American Woolen Anaconda Copper . Atchison At. Guilt + Indies. Baldwin Locomotive Baitimore & Ohio . Bethlehem Steel “8” Canadian Pacific Jupiter Kinney Lance Creek Royalty Lusk Petroleum ..... Central Leather Mike Henry ... ‘ Chandler Motors ‘ Chesapeake & Ohio 58%! Mountain and Gulf .. j Northwest .. + 20 Chicago, Mil. and St. 20% Outwest -.-----___. 00% Chicago, R. I. Pac, 1 35% Pleardy —--—-----. .02 Red Bank ... = Royalty & Producers_ Bunset ...... Tom Bell Royalty Western Exploration. . Crucible Steel Cuba Cane Sugar Erie ... + 62% cnough gas given off in the distillation © run the retorts. As a by-product ammonium sulphate can be recovered for use in fertilizers, The Indiana shale yields mare fiaso- line than the western shales and the refining loss is less; and where the western shales require from two to four hours to be put through the re- tort the Indiana shale can be han- dled in one hour at great advantage lover the western shales. The experience of quarcying the In- dian product is estimated at 40 to 50 cents per ton. downturns which occur- the middie of the day| were ascribed| interests, were ome in the final hour t buying due to a vis- ible supply decrease, better flour de- mand and reiterated bullish crop re- ports. The close was strong at 3% to 5%e net advance, with May $1.33% to $1.38% and July $1.21% to $1 Corn and oats mounted in value with wheat, although to a much less degree, the receipts of corn here today being y large and off-setting to a noticeable extent the influence of the After opening Moderate wheat price advance. = to 2%c higher, May 59% to 60%c, ke fe to she migner, aay son to come] Livestock Mart and then receded somewhat. Word that 25,000 tons of corn grits would be purchased for Russian re- lief aided a new advanced in the corn market at the last of the day. Prices closed strong 1%c to %c net higher, with May at 60%c. Oats started % to %c higher, May 41 and later reacted a bit. Higher quotations cn hogs helped to life the value of brovisions. Chicago Prices. CHICAGO, Feb, 14.—{United States Bureau of Markets)—Cattle receipts 9,000; active beef steers and stockers and feeders steady to strong; top yearlings early $9.00; 1,526 pound steers $8.75; bulk beef steers $7.00@ 7.85; other classes steady; bulk polog. @4.90; bulk veal calves Hogs receipts 35,000; fairly active; Closing Quotations. to 15c higher than Monday's aver- Selseor Ai a aaa seee scan e; $10.25 pald on 150 te 180 pound July — 1.22 1.23 1.20 121% | to 50c ae eM ag ss ied Corn— necp receipts 19.001 bs May —_ 59% 60% 59% .60%/25 to Soc high ; A key een July — 82% 63% 61% 62% strong to g5e higher, fat lambs tects Oats— butchers early $15.00, bidai © May — Al 41% = 40% = 41%] on best; medium 105 pound ps etal July — A2% 43 42% 42% /41.25; Colorado wethers $9. Pork— — Mage 2° Se Sead Omaha Quotations. Lard— OMAHA, Neb. Feb. 14.—(United May -—10.90% 11.05 11.90 11,03 | States Bureau of Markets)—Hogs re- July -—11.13 11.25 11.12 11.25 |ceipts 13,000; active, 10 to 25¢ high. Ribs— €r; 165 to 190 pound weight butchers May 10.45 10.60 10.45 10.57 | $9.50@9.65; top $9.70; 200 to 300 pound July —10.50 10,70 10.50 10.65 | butchers $910@9.50; packing grades $7.25@8.00. Cattle receipts 5,800; beef stecvs ac- tive, 10 to 25¢ higher; top $8.10; she stock 15 to 25c higher; bulla strung; 4 ‘als, stockers and feeders fully steady. Eggs unsettled; receipts 14,824 case. Sheep receipts 10,000; lambs 15 to firsts 35%4c; ordinary firsts 32@33c;!80e higher; bulk $13.65@14.00; top miscellaneous 34@34%c. $14.25; sheep strong; ewes $7.50; fecd- Denver Quotations. INDEPENDENT PETROLEUM ese INDUSTRY TO HOLD 6 Suse? sae "a ‘The annual spring meeting of the In-| Higher; lambs 13.25a13.75; ewes 6.750 Gependent Petroleum Industry is an-|7-00; feeder lam! 0. Butter and Eggs. CHICAGO, Feb. 14.—Butter higher; creamery fextras 3fgc; firsts 31@ 35%c; seconds 28@30c; standards 34 strong; beef steers 6.00 a’ cows and heifers 5.00a7.00. 7.000 9.50; bulls 2.50a3.50: and feeders 6.00a7.10, Hogs—Receipts 2,200; market 15a nounced for April 4-7 inclusive at Kan-| os city, Mo, vo the anon ROXaNA Takes This meeting will spring gathering of appreximately 400; refining org: izations and of those 2 concerns whine mariet ana atrisee| Over Holdings the outpu' © eso refineries. In a Fecent cofpmiuon of the refining in- «..ed States, prepared tern Petroleum Refiners’ as of October 1, 1921, there are listed 509 refineries, having a total cayacity for refining In Oklahone TULSA, Okla., Feb. 14.—The Rox- ,272,445|ana Petroleum corporation; operating barrels of crude a Gay. Of these 509/name for the New Shell Union Oil cor refineries, 29 were at that time in| poration, t formed between te Process of construction and 480 were|Dutch Shell and the Union corpora; built Of these 480 it is estimated by/tion of Delaware today took active those who are best posted, that not'charge of the Oklahoma properties of! over 60 can be called members of|tho National Exploration corporation what are known as the Standard Oii/and the Eddystone Oil corporation. group. ‘Tho others are Independent} The appraised vulue of the proper- refineries. ties taken over by the Roxana inter- To market the product of these re-/ests, it was learned, amounts to sev- finories is an enormous business. Dis-|eral million tribution is secured by the tank car marketers and by the sales depart. ments of the refineries who ship in tank car lots fo the oil jobbers in all parts of the country. ‘The latter, ATTORNEY GENERAL MAY ON WEDNESDAY EVENING cure the crude for the refinery to the! w. owners of the filling stations who fill | the tanks of the automobiles, will be| represented at this spring fair at Kansas Ci L. Wall ‘The term ” is not misapplied,| aye attorney general for for in connection with it there will be| VYoming, will attend the annual meet- Gisplzyed tank wagons, filling stations, |!"& of the Chamber of Commerce if pum3s and ai sfmilar equipment used |Phy¥sically pe cording to by the industry, as well as samples of /C°mmun.cation rec here today. crude and refined product, ‘making alin the letter, which follows in part, most interesting exhibit. ‘These con-|Mr. Walls tells why he will be here ventions are always attended by large| “I beg to assure you that I will be numbers of oil men. | Present on the occasion if it is possible ape ARS for me to get away from here. THERMOPOLIS, W Fed. 14.—}particularly am I desirous of attend- Thermopolis high schoo! credits will|ing the gatherin’ because of the as- be recognized in the future by all col-|surnce that accompanies your invita- leges affiliated with the North Cen-|tion that the same is to be a peaceful tral association, according to infor-|a*semblage of law-abiding citivens and mation received by school author-| that gun-toters and all persons having ities here. The 1 ersity of Wyom-/a pre-dispo: to p shot public of. Thermopolis high|ficials will be excluded from the hall. gO but recog-| “It will indeed give me pleasure to : irém the association was not|foregateher wth mblase of oming until this week, {peaceful citizens once even tho More | ee ° General Electric stern itary eo 8 33 |General Motors | Wyoming Of Fields. . OR rege oie WyoKans 1.20 Great Northern, pfd. . wrasse 01 | (it Northern Ore Cits ex. ‘gz {illinois Central .. -102 390 | Inspiration Copper 38% Lb a 18 20 | jint. Mer, Marine, 70% a ae SG International Paper 48% ; SING iP bee, YORE eee cre $3 1.37|Kennecott Copper . 27 seeesesseeeees Louisville & Nashville . . 113% aa 2.00 12.25 Rein: Pronaiaes Fe Feet |Mexioan Petroleum 120% = Ses oq Miami! Copper + 25% eee ay eo Middle States Oil 12 medrese Midvale Steel ..... 30% att eee ee Missouri Pacific + 18% ‘ eearariieee New York Central 5 75% ge NG oreesaetee ty ¥., N. H. and Hartford... 18 . oO. ------ 85.62 jorfolk & Western . -100% Cities Service Com. — 169.00 Northern Pacific 80 Oklahoma Prod. & Ref. 245 Pan American Petroleum Pennsylvania . ‘ People’s Gas . ALLIANCE UL i gli interest which has accumulated but is not yet due. Bonds are usually sold at |a fixed price “and interest.” “And in- 101% ' 102 |terest” means interest at the raté 109 which the bonds bear, from the date 103% 104% /of the last coupon payment to the 101% 101% |date of delivery. Bonds were formerly % 101% |quoted on the exchange at a fiat price 97% 98 |which included interest from the last 112% 12% |coupon payment. Under this method 96 $8 it was necessary to calculate and in- Japanese, 4%5 . si% 88% |clude the amount of interest accomu- Japanese, 4s 3% 74 |lated in order to get the actual quota- 103 103% | tion for the bond. ++-109% = 110% . oe or 105% ss What are back dividends? Pennsylv'ia, R. R. 6% 106% | If. dividends on cumulative preferred Queensland, 7s .. ~ 107 |stocks,are passed and ‘not paid such . 109 dividends are known a; “back divi- 101% [donds.” These dividends; must be paid 102% |before dividends can“be paid on the 115 |common stock of the company. 104% | = eee 105 What is meant by “clusing of the Western Union, 64 107% 108% | books?” Great Northern, 5%3.. 96% 97 The stock books of a corporation are “closed” on a certain date in order to show to whom dividends are to te paid. Formerly it was a practice to keep he books closed for several days. Dur- ng this time no transfers of stock could be made. It is now the practice of most companies to pay their divi- dends to stockholkiers of record of a ACHES AND PAINS SLOAN'S GETS "EM! Aiea stains i ment REFINERY SOLD Shaffer Oil Company Also Comes Into Possession of Warm Springs Field. < Pittsburgh and West Va. . < | Ray Consolidated -Copper. Reading ...... seeee Rep. Iron & Stcel Royal Dutch, 5 Shell Trans. & Trad. Sinclair Con. Oil . Southern Pacific Southern Railway . Standard Oil of N. J., pfd Studebaker Corporation Tennessee Copper Texas (to. ........ Texas & Pacific . 13% 74% 53% 50 38B 19% 83% 19% 115% 93% 1035 - 45 30% Grass Creek ~ Eik Bamn ..----. —- 1.90 Lance Creek ~-----------—----. 1. Hamilton Dome .q. Lae —--1.90 Rock River Tobacco Products + 63 — Seba - Cranseoftinental Ol . - 9 is Muddy _. Union Pacifie .... S Mule Creek ering U. S. Food Products 8. Retail Stores + 54% t | U, 8. Ind. Alcohol - 4 United States Rub! - 55% Mited States Steel + 89% Utah Copper .. + 61% Westinghouse Hlectric + 53% nyrr n| | Willy's Overland + 5% (Am. Zinc, Lead and Sm....... 13% { li ACI nN | Butte and Superior . - 26% Cala. Petroleum .. sao! Montana Power . Shattucly Arizpna Buying Orders Pile Up Over}, Holidays and Shorts Run Tnviauihle ou ft by to Cover. Gen. Asphalt gen tenee NEW YORK, Feb. 14.—Lower| . 97 dais. pipet ers TORE aerate qiisiand — Demand $7.32, cables 600,000 shares. Selected stocks were marked up rapid.y in the early afternoon, s- pecially shares which are ordinarily not prominent in the dealings. Otis Wlevater improved 7 points and Amer- jican Ice commen and preferred, La- ciede Gas, Associated Pry Goods, Iron |. Products and Famous Players one to {threo and a half. Represeptative .s- ‘sues were well sustained and the mar- {ket showed increasing breadth. |. Call money fell to 4 per cent in the final hour. ‘Trading broadened, em- jbracng high grade rails, especially Ca- \nadian Pacific and Reading. The clos- ing was strong. Bonds showed a ten- \dency to improve as stock market op- jerations expanded. Norway—Demand 16.55. Sweden—Demand 26.03. Denmark—Demand 20.60, Switzerland—Demand 19.52. Spain—Demand 15.70. Greece—Demaid 4.58. Poland—Demand .03%. Czecho-Slovakia—Demand 1.93. Argentine—Demand 36.75, * Brazil—Demand 13.30. Montreal 95%. Metals. NBW YORK, Feb. 14.—Copper steady; electrolytic spot and near by, 134 @13%4c; later, 34 @13%c. Tin—Irregular; spot and near by, $31; futures, $30,62@30.75. Iron—Steady; No. 1 northern, $19@ 19,50; No. 2 northern, $18.50@19; No. 2 southern, $15.50@16. Lead—Satedy; spot, $4.70@4.80.* Zinc—Quiet; East St. Louis spot, $4.50@4.55. | Antimony—Spot $2.40. NEW YORK, Feb. !i.—Speculative favorites made spirited gains at the opening of today’s stock market. Ac- cumulation of buying orders over the double ‘holiday prompted further urg- ent covering of short contracts. Gulf States Steel made an initial gain of 2% points, Mexican Petroleum rose 2 points and Baldwin Locomotive was one point higher. Studebaker, Amer: ican Can, Corn Products and several of tho junior rails also strengthened |Improved conditions abroad were in- dicated by a brisk recovery in sterling Jexchange from last Saturday's sharp | reaction. Gossip during the morning dealt mainly with the possibility of a gov rnment bond issue instead of a spe |cial tax for the proposed soldier bon jus. Seneca Copper was the one weak |feature of the forenoon, declining 4% |points on selling attributed to the fail ure of a stock exchange firm. Mexi can Petroleum assumed bullish lead ership before noon, rising 2 points with one point gain for California Pe- |troleum and General Asphalt. Gulf | States Steel concelled half its rise, but |Crucible and other independent steels |were bought in anticipation of merg er announcements quring tho day | Trading in rails was nominal, Southern If straightened out, an ounce of would extend 350 miles.’ Fortify the system against Colds, Grip and Influenza by taking Lexative Brome Railway showing heaviness. Call mon i at ey opened at 5 per cent time fund: mene aera Quinine | Money. ' | NEW YORK, Feb. 14—Call money tablets easy: h, 5; low, 4; ruling rate, 6 closing bid, 3%; offered at 4; las which destroy germs, act as a loan, 4; call loans against accep tonic laxative, and keep the sys~ tem in condition to throw } attacks of Colds, Grip and fluenza. Be sure you get ances, 414. Time loans, firm; 60 days, 4% @5 90 days, 4% @5; six months, 4% @5. Prime mercantile paper, 4% @5. Foreign Exchange Firm. NEW YORK, Feb. 14.—Great Br tain—Demand 4.36, cables 4.36%. Sixty-day bills on banks 4.33. France—Demand 8.65, cables 8.65% Italy—Demand 4.8714, cables 4.58. “> ‘For Raw Soré Throst the handy The Shaffer Oil company, said to be a big operator in the Kansas and Oklahoma oll fields, has acquired a! aching part. Sloan's controlling interest in the Alliance wilhoet rubbing. Oil & Refining c ompany at Ther- Fine, too, for rheumatism, neuralgia, mopolis, Wyo., according to advices] sciatica, sprains and strains, stiff joints, from the latter place based on tele-| lame back and sore muscles. graphic information from Chicago.| For forty years pain'senemy, Ask ‘The deal is said to include control wating . _ of the Warm Spring Oil fields, a black} At oll producer adjacent to Thermopolis which boasts of many shallow wells. The cash involved in the transac- tion is said total $550,000. The Shat- fer company will ement, it is announced. The new~company, according to re- ports, has set aside $200,000 to be spent in field development and in im- provements to the refining plant. palin Sa 2 tae Jewelry and watcn repairing by ex: pert workmen. All work guarantee? Casper Jewelry Mfg. Co., O-S Bide. tt At the first sign of a raw, core eaRe Th cn 8 ele Meee your It goes right tothe spot witha gentle tingle, loosens congestion, draws out soreness and pain. ‘Musterole is a clean, white ointment has all mus- 1,000 Men to Take Baths At 3c Shop and Baths Under Kimball Drug Store 116 S. Center St. 6 Barbers—No Waiting the stvength of the old-fashioned tard plaster Nothing like children, use. 35and ‘hospital ‘without the blister. Musterole for it handy for instant 65 cents in jars and tubes; size, $3. $7.00 and Up. Fine, large rooms, steam heat, baths, hot and cold water. Two Front Office Rooms. 244 S. Center St. ‘Zuttermeister Bldg. Entrance American Cafe Automobile Gumics Do you realize how much judgment you show when spending several thousand-dollars for a car and then reversing that judgment in purchasing just any brand of oil? Stop, Look and Listen When you buy Motor Oil. Buy an oil that is manufac- tured by a reputable firm. One that has the means, money and PATIENCE to know that a good Motor Oil must be made for its particular use, and that just any oil is not Motor Oil, regardless of profit made in selling it. Judgment » Good judgment is shown not‘only in purchasing a car but also in prolonging its life. That takes judg- ment onthe manufacturer’s part in making Motor Oils. TEXACO MOTOR OILS are manufactured exclu- sively by THE TEXAS COMPANY and distributed through the dealers in Casper, but you will not get ‘TTEXACO unless you ask for it. TEXACO MOTOR OIL WILL NOT FREEZE Belgium — Demand 8.26%, cables it be flecessary to disarm them in or der to assure the keeping of th peace,” The Texas Company Petroleum and Its Products J. A. HOWSER, Agent Phone 315 fer books are never closed. TUESDAY. FEBRUARY 14, 1922, ertain-date and to continue to trans stock. In such cases the stock Special to The Tribune WASHINGTON, D. C., Feb. 14— ‘The delegation of four from the Wy- loming Stockmen's Loan Company to- day met with the War Fsance Cor- poration on financial matters of in- terest to Wyoming stockmen. The ‘Warren. _—$—$—$—_—$— Save this series of ads. to you. Sales and Price Talk No. 4 Jimmy Burns, our genia’ the Sporting Goods and Auto Accessory Departments. He knows where the best the fish; A GREAT COMBINATION. to spend an entire day wit! JIMMY. He also drives knows what you need for is in and it is one of the m see. WILL BE RIGHT. New 1 volvers. A reduction has been made Holmes Hardware Co. Phone 601 We deliver to all parts of the city, but please help us by carrying home with you all smal! articles. ance very easy terms. Monthly (ee month, and you can build y uses on the rear of the lot. Midwest Heights Room 233 Midwest Bldg. HIS PRICES ARE RIGHT. His fill-in stock of auto accessories will arrive soon and the PRICES are as low as $25 per month, an yours, or you can buy a lot for 10 per cent down, balance $10 It means real money later 1 secretary, is in charge of fishing is and how to get Who wants+ hout results? Moral, SEE a car and by experience yours. His fishing tackle ost complete lines you will ow prices on guns and re- in our prices on all TOOLS WHY PAY HIGH’ RENT! We will sell you a house fur small payment down and bal- yyments on some of our houses an “ short time the property is our own house. We allow small Realty Company Phone 1040W. . AUDITORS REIMERTH & VAN RENBERG Income Tax 4th Floor 0-8 . Phone 767 ACCOUNTANTS GU: REGISTRY CORP. 414-15 Midwest 5 . Phone 289 8, and Income Tax and ARCHITECTS DUBOIS & GOODRICH, Architects Rooms 11-12 Townsend Block Casper, Wyo. Phone 440 GARBUTT, WEIDNER & SWEENEY Architects 415 Oil Exchange Bildg. Phono 1162! ——$—$—$—————— ee * AUTO PAINTING STEWART AND COMPANY Auto Painting Phone 1072W 134 North Kimball | LAWYERS HENCH AND BISHOP wyers Suite 9, y Fone’ 198 ee | BULLACK AND LACY Suite 204-205 Midwest Bldg. Ph. 1200 NICHOLS & STIRRETD Lawyers 309-10-11 Oil Exchange Bldg. i HAGENS & MURANE Lawyers ! 206.207 OM Exchange Building See WILLIAM 0. WILSON Ai -at-Law ‘ Suites 14-15-16, Townsend Block LIFE INSURANCE Prudential Insurance Co. of erica F Phone 12563 P. 0. Box 108 | OSTEOPATHS DR. CAROLINE ©. DAVIS Suite 6 Tribune je eg ahs 388 DR. L. L. WADE Osteopathic Physician Room 5-7 Wood Blk. Phone 12773 Sts ‘AND. TRIMMING Ni N1 [IMMIN‘ Call at Casper Auto Top 633 South Center St... Phone 1084R BAGGAGE and TRANSFER SEE BEN TRANSFER 00, Baggage, Heavy Hauling and Piano Moving. Phone 74J. SEARLES TRANSFER Res. Phone 87W Office Phone 701W MOVING A SPECIALTY CHARLES WHITE Baggage and Phone 14163 CHIROPRACTORS pr. ape J Hi ERPREY Suite 318 Midwest Bldg. Phone, 706 DR. B. G. CHIROPODISTS Dr. H. G. Brennan Chiropodist Suite 20 Daly Bldg. DOCTORS Phone 1770 ELECTRICIANS AMERICAN ELECTRIC . Wiring, Motors, faeacioes Let Us Estimate Your Work Phone 1080 ~ DR. C. A. SANFORD Osteopathic Physician Midwest Bldg. Phone 1030 DR. C. I. ARNOLDU! { Ostedpathic and et ician 310 OS Building Phone 1754 PLUMBERS SERVICE PLUMBI Plumbing, Heating, Gas, ant, Repair Work ‘and General Pipe Worle 1102 South Elm ‘St, Phones 1077M and 6593 RADIATOR REPAIRING _ RADIATOR F | CASPER AUTO RADIATOR WORKS Repairing—Cleaning—Reco: 434 W. Yellowstone Phone adeaw ROOF CONTRACTING WYOMING R00} Gorges Rooting, Gontracars. cpa 527 East Twelfth = St ee, SIGN PAINTING “BUSH DID IT” Bush Signs. Show Card ‘oster ‘Art. 242 W. Yeilowstone. gets 33, STEWART AND COMPA: + SIGNS and SHOW CARDS" ra ‘Phone 1078 AO Na, Kimball TAXIDERMISTS THE RELIAB J te seed FUR SHOP Taxidermist 383 South Elm Street Phone 1923 ip AUGUST MARTIN, Taxidermist Bobcat and Coyote Rugs a Specialty Phone 791M 105 South Conwell TAILORS 01k WHADEY nd Gents’ Tailocinz, Cleaning . Repairing and Al Midwest Avo. psrations. Ladies’ | Pressi 116 E.