Casper Daily Tribune Newspaper, March 9, 1922, Page 6

PAGE SD ° f Lu ONTANA F HELENA, Mont., March 9.—The newest oil freld in Mon- on is in tana to attract atte extreme western si MAY WHEAT C TRE TOBQGGAN Decline of Six Cents Over Night Recorded; Closing Is Unsettied. CHICAGO, Mare\ 9%-—AThoursh wheat opened higher in price today, tmcrensed selling secon led to declines. ‘The initial gains were due to bi construction placed on the gove: nt Feport on farm reserves of grain and to higher quotations at Liverpool. Sellers been! their action largely, how. ever, on reports of snow in the south west and denials that high wivis yes- ter@xy bad done any serious harm. “Tke opening, which varied from % to Wke higher, with May $1.42% to $1.43 end July F121 to $1.21% was followed by Geclines to well below yesterday's fintsh and then something of a rally Subsequently, a3 a result of closin: ject of sprents between May ami J etiveries, the price of May ee low at «ne time as $1.57 %, m fall of @to 6% cents over nirht, and 14 cents @ bushel lower than recent top fizures fr that month. Other deliveries showed Jess weakness, but fluctnated xapidty with trading on © largo scale. ‘The close was unsnttled, two cents to 4% cents net lower, with May te 1.36% and Jaty 1.17% to 1.17% Corn and oats paralleled the action of wheat. After opening % to 1 ¢ to 1%c higher, Mny 64% to 65, the corn market underwent 4 material set- dropped Shipping: stow. The market finished 2%a2% to 3% cents net lower, with May 60% to 61 Onts started a shade off to %c ad- wanes, May 41% to 41%c, and then @eored moderate reneral losses. Tack of support weakem< the pro. wiston market depite higher quota- tions on horn. = Quotations. High. Low. Ciose. 42 $1.35% $1.36 21% 1ITK ss 60 68 63% 41% 3B 43% 39% 20.40 20.00 20.00 May -1145 1145 12320 21.33 July - 11.62 11.67 1145 1150 Fibe— May 10.75 10.87 1065 10.80 Suly 10.65 10.65 10.47 1050 Butter, Eggs, Poultry. CHICAGO, March 9.—Butter firm; firsts, 32@35c; Iniscellaneous 21 @: Poultry alive lower; fowts springs, 2f9c; roosters, 13. Seeteeneet ae Liwestock Mart Chicago Quotations, CHICAGO, March 9.—{U. S. Bureau ot Markets}—Cattle receipts, 14,000; market slow, strictly good and choice beet steers steady, others weak to 15¢ lower; top steers, $9.40, weight 1,481 pounds; five head yearlings, $9.50; balk beef steers, $7.60@8.65; she stock, bulls, stockers and feeders steady; veal calves steady to shippers; Packers biddins lower. Hog receipts, 23,000; lighter weights active, 10c to 15c higher, others slow, Be to 10c higher erday’s aver- axe; big p back; top, $1L50; bulk, $10.95@11.35; pigs very slow. Sheep recetpts, 17,000; shearing lambs st 50c lower on fi fat lambs sold early; choice fal shorn $13.50; fall shorn Texas yearlings, $12; yearlings and twos, $11.50; fat ewe bulk early, $8@8.75 caring lambs, $14.25. sheep and idding 25¢ to Omaha Quotations. OMAHA, Neb. Mirch 9. ~<Onited Hogs re eipts 12.e00 bulk 5; sheep an Denver Prices. [suspended PORTS NEW OWL FIELE de of the state, south of Missoula. ‘bees mnouncement that oil has been encountered at a ¢ ef of teal than 1,000 feet about a mile and a half east of Cor- vallis, intense excitement reigns throughovt that valley, ac- _|company which fs one of the pioneer ¢|companies in that field has no wooled |? New York Stocks Associated Press Leased Wire ND FELD ES Beet Sugar ._----. erican Car and Foundry c Hide & Leather pfd. International Corp .. Locomotive Smeiting and Refg.. the Bitter Root valley in the With ¢ and W. Indies Locomotive Jcoreing to reports reaching Helena. |The reported off strike was made on }the holdings of the Ritter Revt Oil Joompany which tmmatiately susyend-| Be Jed operations, pending tho arrival of | additional equipment with which to Jcare for the anticipated flow. Al |ready a 600darrel tank with a num ber of 10-inch casings have been ordered and arrival is expected at an carty date. The strike was made while the drillers were probing for a lost bit To reach the tool it was necessary to sink several smaller holes and tt wns while engaged in drilling |theso that there wns a rush of cas that carried a epray of water high |into the air. ‘This wne followed by a gush of and water that primming over the I2%inch casin: |The first tests proved to be of be. |tween 49 to 60 gravity and the was reported te be much darker than that taken from the Cat Creek ficids. |Sampies scooped from the ground have been shown fn Helens and burn 1 flercely when a mateh was applied. | ON men have declared f en tmportant handler Motors - Chesapeake and Ohio -- Chicago, MI) and St. Pan! Chicago, L., and Pac Chino Copper Colorado Fuel Corn Prodocts Crucible Stee! Erie s— - - Famous Playerstasky -.. General 2 ‘and Tron eral Motors ....- Goodrich bee Northern pM. is Central ... Inspiration Copper International Harv: Int. Mer Marine pfd. Internationai Paper . Invincible OU ....-- Kelly-Springfield Tire Kennecott Copper : Lonisville and Nashville Mexican Petroleun ofl w strike The strike came as a sur | Miami © prisa, as it had not been expected to orn Sta Soteet P Jencounter oi! at a leaser depth than 2,600 feet. In the opinion of many |»: |ofl men the strike has proved the Bit-| > |ter Root fle. ‘The Bitter Root Of } Missouri Pacific New York leased |approximatety 20,000 acres of addjoin- ing lands on which {ft is believed off may be fourm. The company ts com- posed entirety of farmers and a few business men Hying in anid around|p Corvaitia. Shipments out of Winnett from the Cat Creek and Antelope Creek! fields aggregated 686 carloads of crude oil in the 28 days of February, according | « to reports filed with the state public y service commission in Helena. Thin |Standard Of! of N. J. was an average of 21 carloads a day, detaker Corporation so that the month kept up the hign | Tennessee Copper - volume of shipments that begun last /Texns Co. =... wale Tatacco Products It ts reported tn Winnett that the | Transcontir on Centana Petroleum company, which has two small commercial producers on its Cat Creek acreage will drill additional we a8 secon as weather Pacific Southern Railway . 1 Stores Alcohol s Rubber . t l Ur v tates Steel . conditions promise uninterrupted |1/ut Capper. : operations, Westinghouse Electric St. Paul, Minn., people are negotiat. | W land ing for a drilling contract on NEX%,|/ Lead and | Cat Creek field, The Tip producer is on thy, adjoining ho same section. ‘ town of Kremlin, located on Northern Ore - main line of the Great Nort — = GURDON COUNTY FIELDS TO WITHESS ACT. Ar ruction The Rawlins field will have a large depth of more number of ne ns ‘this year. than 2,900 fect has been The success of le gas pipe- Kremlin i rour by line to Casper with the other pro- Passed upon by reliable geologists. posed gas lines including the one to Hi count in a direct line between Denver, which is now practically as- of Calgary, the Cat sured, have made the Mahoney dome 2 of Montana and the south- 8, and production of a heavy kel for to the north. nglo Oil company hag spud. ded in a, te#t well on the R Thorn ton lease, 6-5. Edgar anticline. cording to repo. from Billings. company has built a lerrick over location and is Instal a St. Louis rig for test. This w will test a large area, part of which ies in the Crow Indian reservation. Hole starts tn the upper part of the Colorado and will be aurried down from 1,100 to 1,600 feet to test horiz- ons of possible production in the Kootenai formation. Drilling will start with a 15-inch bole. The Eagar anticline ts in Carton and Yellow- stone counties, 28 miles south and west of Billings. It is m large struc. ture which depends on a large fault forclosure on one side ‘Tribal leases on tuls structure have been applied for by the Barnsdiall. tfon, the Crow council having approv- ed of this application. Officers of the | Grey Eagle company are John Mono. han, a former Oklahoma operator, President; M. T. Brannon of Billings,| secretary; H. L. Martin and L. H Drake directors. Mr. M artin will di. rect field operations of the company. The Arro Oil and Refining com-| |Pany of Lewistown, Montana's first |refinery, hms placed an agency in| the center of activities. ‘With the assurance of an outlet for the entire output of the large gags: ers on the Mahoney dome, the com- panies located there are ready to be-! gin several new wells. The Ohio Of company delivered last week the 15%4- inch casing at their new rig on the NW of section 31-26-87. The camp ‘The is all ready for Contractor Ed. Good to spud in, which he announces will be as soon as weather permits. The| Producers & Refiners are going ahead in| tte, and through that agency Mon-| tana gasoline has found a ready sale. Ten automobile garages in Butte have | signed contracts to sell at retail re | fined gasoline from the Cat Creek| | ‘Jeld. The claim ts mmée for Montana | gasoline thet it is the highest grade} of any soki in the west. Montana| men financed and are directing the| Arro company, which tnstalled the | frst refinery in Montana, and now | shares the field with the Miles City| Plant. No time was lost in stock selling or promotion work. The com pany wes formed on June 29, the first | carioad of steel was on the ground! July 17, for the building end Oct. 17] of last year the first run was mado, | and shipments were started | ; its worth. 4.| H.| Hoover end J. E. Lane, vice pres! George J. Wefdeman is president, A * | Frantz | Wyo-Tex 8. It is not merely that for six years Hudson has outsold all fine cars. True, that is recognition of Oil Securities Furnished by Taylor amd Clay ttt Tau - Blackstone Salt Creek Capitol Pete skgse Elkhorn ET. Wiliams ... Yann nme nnnenn Picardy Riverton’ Refg .——- Royalty and Producers Wind River Refg. - United Pete Wyo-Kans Western 0! Western 8 ¥ } ON ve cieccse Bigs 19 NEW YORK CURB page mn Producers -$ 11.21 Merritt Bes ee 9.50 Glenrock Oil Salt Creek Prds. Salt Creek Cons. -——- Prod. and Refrs. Marine Mutual O. Indiana . Cities Service Com. .. 187.00 LIBERTY BONDS woven ene -F 96.70 Par + First 4 Second 4s Victory 4%s Crude Market Hamilton Dome ---.--.-. Rock River . with thelr new wells, one each on sections 33, 34 and 85-26-87. They will be ready to spud in as the weather permits. The Mahoney Dome Syndi- cate whose property is located be- tween the Producers. & Refiners and the Ohio Oil company, are ready ts bogin operations on section 3: only waiting for favorable weather. cir well on section 5-25-87 just be- ‘ow their section 32 property is now down 3,060 feet and as soon as the weather permits will be completed to which Contractor Ed Goode be within the next 100 to This operation is awaited al of interest as a is practically assured, the first well brought in y dome this year, as it ished a few days after op- ions are resumed. HUMPHREYS OIL BE MERGED IN KEW COMPANY MEXTA, Texas, March 9.—First stgns in the proposed consolidation of the Humphreys Texas company and the Humphreys Mexia company into a new $15,000,000 corporation to be known as the Humphreys Oil com- pany have been taken, it was an- nounced today. The Humphreys Texas company twas dissolved at a special meeting of This is Its Right to Lead wnich gives Che Casper Daily Cribune ities in the fullest measure, and with a price a obvious as to make denial futile. STOCKS FIRM O gains of one to two paints, the more cous shares were neglected. Invest- ment rails also held back and few of the junior rails were quoted. Vic- tory 4% per cent notes made a new high record mt 100.78. Call money opened at 4% per cent. Buying back of stocks recently sold in the belfef that the rany unfavor- able corporation reports published warranted a considerable setback, caused a further notable rise in many instances. Low priced railroads ‘and industrials were most fancied but | many of the usual leaders worked considerably hicher, especially Stude- baker, Corn Products, American Lo- comotive and Baldwin. Omaha gain- ed 4% points, Norfolk and Southern | three and Peoria & Eastern and St- Louls Southwestern preferred two, NEW YORK, March $-—Mixed buy- ing and selling orders made for con- fused conditions at the opening of to- day's stock market. Selected or pool shares were active and generally high- er, seasoned rails and industrials showing only nominal changes. In ternational paper, which was tnder marked pressure yesterday made an initial recovery of one point. Ameri can Ice, Crucible Steel and several of the *food specialties also hardened. New York, Chicago and St. Louis (Nickle Plate) was strongest of the rails, advancing, 2% points. Further improvement in the steel trade was indicated by Bethlehem Steel's ad- vance of prices for bars, shapes and phtes. » Metals. NEW YORK, March 9.—Copper steady; elecerolytic spot and nearby 13c; later 13@13%c. Tin easier; spot and futures 28.87. Iron steady, unchanged. Lead steady; spot 4.70@4.80. Zine quiet; East St. Louls delivery INTERESTS TO stockholders representing approxi- mately 90 per cent of the outstanding stock. The company will hereafter be designated as the Huniphreys Oil com- pany. The capitalization was in- creased from $10,000,000 to $15,000,000. ‘The new Humphreys Oil company is negotiating to acquire all of the as- sets of the former Humphreys Mexia camparry. these wanted qual- that is so ¢;| This company -| 1.609 acres of lenses in that ficia, most s|of the Basin and a 1 » Oo. W. . treasurer, Thomas T. Taylor, Jr., secre ZA As soon as weather conditions per. mit the Monarch Petroleum company. s South Dakota company with head. quarters in Aberiéen, will resume ac. ttvitles suspended last November tn the Devil's Basin field near Roundup. Owns approximately and of which ts located in the upper end large part of the acreage within the upper contours of the large upper + in dome. | Three wells are being drilled dy thi: company, one of which reached feet, another 200 when + One of 500 operations were That hasbeen Hndson’sposition, eversince the introduction of the Super-Six. Today at $1695 Hud- But quality, fine performance and reliability do not necessarily mean leadership. They are ex- ected of high-priced cars. son offers the greatest Super-Six, | s % ‘i ar and the greatest value in its Leadership belongs to that car history. Phaeton,$ 1695 7-Passenger Phaeton, $1745 Cabriolet, $2295 Coupe, $2570 | Sedan, $2650 Touring Limoasime, $2920 Limousine, $3495 Coach, $1795. | Freight and Tax Extra Terms If | Desired Prominent industrials and miscellan- h ‘What will you build upon if your life's work goes up in smoke? The only friend you can depend upon to come around and hand you the money to start over again is a fire insur- REAL ESTATE INSURANC oo OR MIDWEST BLDG Fime, large rooms, steam heat, baths, hot and cold water. Save $2.50 Your opportunity is hereto fm your bins with high grade coal at the low price of— Gtven 24 hours to “close up and leave town,” she is reported to have * Fastest Steamers ‘The palitial il burning steamers thelr passengers and baggage the discomforts, Wed. & on Gooa S. S. “Fort Special Eartce Tripp aa" S- Sailing Twice Weekly Sat.—From Steamer—Offering Unequalled Express ictoria” and S. S. “Fort Hamilton” ‘Twin-Screw, 14,000 Tons Displacement. Twin-Screw, 11,000 Tons G Offers All Outdoor Sports Including Golf, i, Sailing, Bathing, Fishing, Riding, Driving, Ete. Ne Many Modern Hotels. Write for attractive inclusive rates io Passportn—1 FURNESS BERMUDA LINE 34 Whitehall st.) NEW YORK OR ANY TOURIST AGENT ce “FORT ST. GEORGE” 8—Arrive N. ¥., April 15 Route of the Furness Burmuda Line land to Hamilton Dock, avoiding and delay of landing by tender. Liggett! Lindeoant Ay We are threatened with a 1st. We urge ey to tide them over one to lay in a sufficient supply of coal e shortage. Clean Lump Coal for Immediate Delivery. CASPER SUPPLY CO. 913—PHONES—914 strike of coal miners on April REGISTRY. CORP. Registrar and Tranfer asp 208-11 Oil Exchange Bldg. P' WYOMING ee COMPANY a Analyses, Income Tax and General ARCHITECTS DUBOIS & GOODRICH, Architects Rooms 11-12 Townsend Casper, Wyo. AUTO PAINTING STEWART AND COMPANY $9.00 Per Ton Delivered || phone 10720" rat North Kimball City Fuel Co. Phone 328-J The Union Mill Co. Is prepared to take care of all kinds of cabinet work. Also job work of any de- scription. 402 S. Durbin Phone 1462 Your Income Tax Return Needs careful consideration and preparation owing to the many changes in the revenue act of 1921. Open Evenings. Reimerth and Van Denberg Public Accountants Income Tax Specialists 400 O-S Bldg., Casper BAGGAGE and TRANSFER ‘Moving. Phone 74J, SEARLES iSFER Res..Phone 87W Phone 701W MOVING A SPECIALTY BEAUTY PARLORS EXCLUSIVE MARCELL SHOP Lucille Elles Phone 6823) CONTRACTORS ENE AND BISHOP wyers Baite 9, Building Phowe’1 98 NICHOLS & STIRRETT Lawyers 309-10-11 Oil Exchange Bldg. HAGENS & MURANE Lawyers 206-207 Oil Exchange Building ech ina asenin amc ale WILLIAM 0. WILSON | Attorney-at-Law Suites 14-15-16, Townsend Block LIFE INSURANCE Prudential 1 %} Phono 12563 P.O. Hoe 10? . OSTEOPATHS DR. CAROLINE C. DAVIS Osteopathic sician Suite 6 Tribune Apart Osteopathic Room 57 Wood. Bile, en 12773 DR. 6. A. SANFORD Midwest Bidg. Phone i010 DR. 0. I. ARNOLD) ap Ns Building Phone 1754 __ PLUMBERS ; SERVICE. PLUMBERS Plumbing, Heating, Work oA 310 OS RADIATOR REPAIRING CASPER AUTO RADIATOR WORKS leaning: W. W. SPROUL, Contractor & Builder |#24_W- Yellowstone Phone 1054W 14i West Tenth Phone 376W | ROOF CO ae CHIROPRACTORS WYOMING ROOFING Go-= ig Cont: ‘5 5o2 Beat ee Pr aie DR. L_E. BERQ) 2 one het Us Estimate Your Work LAWYERS BULLACK AND LACY Lawyers Suite 204-205 Midwest Bldg. Ph. 1200 SIGN PAINTING “BUSH DID IT” Bush Signe, Show Cards id Poster Art. Ww. Yeilowstone. Phone 33 o ising Phone 1072W “Ii Newth Kimball TAXIDERMISTS THE RELIABLE FUR SHOP if and Remodeling 333 South Elm Strect Phone 1923 AUGUST MARTIN, Taxidermist | Bobeat and Coyote Rugs a Gpeetstty Phone 791M 105 South Conwell TAILORS Cc. H. WHALEY Ladies’ and Gents’ Tailoring, Clesning Pressing, Repairing and Alt i. 116 E. Midwest Ave. Phone aged High Grade Depe: Teiepake ndable Gi: Zuttermeister Building, eo LN