Casper Daily Tribune Newspaper, March 11, 1922, Page 10

PAGE TER MARKET GOSolP AND FIELD NEWS REVIEW GF OPERATIONS IN BASIN SATURDAY, MARCH 11, 192: fhe Casper Daily Crfdune (onsen MOTORSACTIVE IN STOCK LIS j | Ailils-Chalmers = |American Beet Sugar -7e ae or é 3 Good Ad i pew ak. ony on x 3 Is prepared to take care of Apert internation me 0% ; ee rey, all kinds of cabinet work. BASIN, Wyo., March 11-—The Union Oil company is re-| American Smelting & Bets. | —t4 3 Also job work of any de- portec to have purchased three rigs in Thermopolis this week for use in this part of the state. The Ashland-Wyoming is still dri'ling in a hard formation a capping the Embar in their test six miles north of Basin. Anaconda Copper J. T. Hurst, one of the original Elk Basin discoverers, is|Atchison .... TT ee scription. 402 S. Durbin fornia and will again engage in ex-| sn ks. ploration work in this vicinity, face td Seaecewews ore The Ohio practically have afl thelr|Gsnadin. Pacific - Specgyhes _ material om the ground for their test|Gentral’ Leaisor .. siioe Heeereiee 03 Topresentative tmsues which Vsanae a In Mercer dome and have two reser-|Chandier Motors Mountain % Gulf -.., 82 ‘new high price for the current move voirs full of water. From the strings|Chesapeake and Ohio . sspedse Olle ‘Gull me of casing on the ground they evidently| Chicago, Mil, end St. Paul bac were coriparatively du! 108% 108% Chi = ian and there was lite demand for high 101% 101% intent to test the structure well into wae 2 * rails, but that firm 103 103: the Madison limestone. Chino Copper ... | ots ater i! e e Joseph and associates and Haflam| Colorado Fuel to strong. “Soo” was the only excep- 15 115% Corn Products . tien, reacting over one point to ad- & Miller expect to have their rigs €0-\Crncible Steet ‘verse dividend action. ‘The cloefn; ing in the Bonnna field at an earily|rrie .. 5 ae 10% was strong. Sales approximated 450,- Market Fluctuates During /4ate. They have been shut down dur-/ Famous Players Lasky ..-----. 84% 000 shares. J Short Session but Closing ing the winter months. Acreagehas|General Asphalt ........--.. 61 . oS been contracted for two other tests in/General Electric .....--sese-. 156% ~ ae Is Strong. the south west wing of the Bonanza|General Moters ...---csssssene 10% NEW YORK, March 11—Local trac- —- |Goodrich Co. 40% tions weakened et the opening ‘of to- structure. \ ceccenesesnennese . ‘Sto: Great Northern, pfd. -.sescee. 78% day’s stock market on the proposition CHICAGO, Match 11—Strength in pul kc Ree crurcinbed Pen toment| rinols Central .-... | Western States .-.... .30 "31 lof the subway company to divorce its/ard distributor that a new salesman With Guaranty Mort age cern today overcame a weak opening expects {> go into the contmact-\Inepiration Copper - |x ou -- 18 2® |leased holdings. Manhattan Elevated|nrrived this morning and will push gag 3 ing game In th» local j im wheat on the Chicago board of A ed mscieipanaad International Harve: NEW YORK CURB CLOSING trade First prices were % to 1 cent lower, with May $1.35% to $1.28%, Juty $1.17 to $1.1T%, and September $1.11. Weakness abroad in face of yes- terday’s rally here cansed the decline but some short covering and commis- sion house buying checked ft. Trade was light and when corn showed un- usual steady strength, the wheat pit responded anf scon was on a partity with yesterday's closing. A sharp bulge in midsession, eansed by short covering, was followed by general weakness but {n the final 15 minutes there was a sharp rally and the close saw May $1.37% > $1.37%, July $1.17% to $1.17%, and September S1L.11% bid. Corn started unchanged to %e low. er with May at 62@62%o, July 65% to €5%c and September 67% @%c. The fnitial losses were recovered in the first few minutes, the market receiv- ing good support. Offerings were light and when the buying continued the strength became pronounced. At the end of the first hour May was 63%c, July 65%c and September 67%c. Corn followed wheat’s course in the Jatter trading and after a sag from the high closed on a rally with May 63@63%c, July 65% to 66c and Sep- tember 63. Oats started unchanged to %o lower with May 39%c, July 41c and ber 42. Trade was a bit doll but tho grain firmed up with corn. Provisions were neglected. Prices were unchanged to five cents lower in the early trading. Wheet— Open. High. Low. Close : 137% 135% L3T% 118% 116% L3T% 63% 62 8? 66% 6% 65% 39% 39% 29% AS a1 1K 30.00 mas 125) «(Ths July--TL62 1162 1145 1145 Ribs— May -- 10.90 10.90 10.85 10.85 10.60 10.52 10.53 July . . 10.60 Butter and Eggs. CHICAGO, March 11.—Butter high- or; creamery extras 37c; firsts 32@ 26c; seconds S0@31%c; standards, 35%. Pees lower; recetpts 18,258 cases; firsts 22@2p%c; ordinary firsts 13@/ 20c; miscellaneous 21@21%c. Wa eS Big Horn Basin Bids wilt be opened here next Thurs- (ay for the construction of the new gas lines for the Micwest-Wyoming connecting up the Little Buffalo basin, Golden Eagle Hidden dome fields. J. H Sullivan and associates of North Dakota expect to drill the eight mile dome east ef Basin the coming month. The Doman Ol end Refining com-| ¢line es soon as the snow gets off #0 that a rig may be moved fn. oe BUTTER MARKET EASY AND UNSETTLED AT END OF WEEK IN THE ERST CHICAGO, March 11.—During the greater part of the week ending March| 11 the butter markets were easy and unsettled, according to the weekly re- port of the United States Bureau of Markets. This was due to a readjust- ment of the rather abnormal condi- tions which existed during the previ- ous week, at which time the markets became firm and active because it was feared the receipts would be delayed| by wevere storms in some of the heav- ler producing sections. The week opened with several posst- bilities. If the movement of butter} had been materially checked it was} reasonable to expect an increase in| the receipts making it probable that there would be only a limited demand, These factors keng the market nervous! Toward the cose af the week the sup- ply of finer grades of butter became jshort, causing moderate advances on top scores and a steadier tone on the lower grades. Offerings of cold storage butter were more Iberal and the supply of fancy fresh butter was light despite improvement in quality of many of the shipment, Reports of production, tndicate a | many of the trade. Apparently the only effect of the bad weather of the Previous week was a temporary delay |!n movement of the markets and this |was practicalty over by the close of] the week. Competition among the re- |tallers is very kean especially among the chain stores, keeping the retall price, compared to the wholesale price, [International Paper pany expect to drill the Morris anti-|} Int. Mer. Merine pi Tinvincible Kennecott Copner . Louisville and Nashvit'e ...... Mexican Uetroleunm Miamni Copper ......----s-ee0e Middle States Off ..-..-.-.-.-+ Midvale Steel N. ¥., N. Norfolk and Western Northern Pacific Reading .. Rep. Iron and Bteel ..-. Royal Dutoh, N, Y. --es--se-+ Sears Roebuck . Sinclair Con ON . Southern Pacific Southern Railway . Standard Oil of N. J. Studebaker Corporat ‘Tennessee Copper . (Texas Texas and Tobacco Products Transcontinental Of] . Union Pacific United Retail Stores . U. 8. Ind Alcohol ... United States Rubber United States Steel Utah Copper ...... Westinghouse Electric Willys Overland . American Zine, Les Butte and Superior Cala. Petroleum . Montana Power ~... Shattuck Arizona Great Northern Ore T%B 34% VOLUME OF STOCK TRADING ON | EXCHANGE IS LOWER FOR WEEK NEW YORK, March 11.—The advance in prices of fab- ricated materials announced steel producers was regarded significant development of the week in the stock market. Sugars and several other hardened on the better outlook in various lines of industry Livestock Mart Chicago Quotations. CHICAGO, March 11. — (United Mountain Producers Merritt ---..-220--+ Glenrock Olt Salt Creek Salt Creek Cons. Prod. @ Refrs. 1.20 6.37 87.25 187.00 Crude Market Grass Creek Elk Basin .. Lance Creek Hamilton Dome . Rock River Sait Creek Big Muddy Mule Creek . | ST. LOUIS, Mo., Evelyn Gardner, a former slave, died today at the ago of 113 years. ee In rural England there in a super- stitious belief that if the wind is east on Haster day, it is a wise plan to é¢raw water and wash in it, as by those means one will avoid the va- rious ill effects from the east wind throughout the remainder of the year, by a number of independent as the most encouraging and important commodities also and commerce, but the course of the! grain markets again suggested an un- digested condition. Trading in stocks and bonds, espe- cially the latter, fell off in comparison with the active operations of the previ- ous fortnight dnd both were more sus- ceptible to profit taking and profes- sional pressure, (37.74; cables 37.77. trade during the summer months on this popular car. The new salesman, Bend Protection that he weighed but a trifle over nine pounds, but was a husky cherub for one on your money. Couch-Winfrey Oil Syndicate Mansfield and the young are eee salesmgn - ee ge eee Moet me at the Smoke House. prises. Their present syndicate in which you oan now invest is cap: 3.3614; cables 8.37. 38%; cables 38%. FRUIT SOME HOME GROWN NONE BUT THE BEST Vegetable and Flowering Plants In season. Geraniums and other Breenhouse stock. Phone orders to 600 or 872 or write Wm. Mosteller 1900 SHADE and thetr first well on this lease is down over 1,200 feet right now. lease right in the shadow of the giant Desenberg derrick. Norway demand 17.74. Sweden demand 26.20. mark demand 20.93. mand 19.38. positive, mortgage-protected offer. With each $100 you invest in the Syndicate units # $100 Guaranty Mortgage Bond, secured by 69. Argentine demand 26.75. demand 14.25. Montreal 96%. Closing rates were Great Britain de- mand $4.34%; cables $4.15%; sixty day bills on banks $4.22, Italy demand $5.02%; cables $5.03. Brazil ment company of Indianapolis, You Can’t Lose— But You Can Win You ean't lose your princi- pal but you can win a fortune if you act quick. The guar- anty bond is offered only to the first 500 subscribers. Noth- ing less than $100 accepted. Fill out the coupon for 10, 20 or 50 units at $10 each and send it with your check to Couch-Winfrey Oil Syndicate COUPON Oil_Syndicate, ee House Bidg., Couch: 307 Tabor Denver, Bend mo ......e-0e02-. Uni Silver. y NEW YORK, March 11.—Foreign bar silyer 64%c; Mexican dollars 49c. Japan Installs ‘Long Distance’ NEW YORK, March 11.—Japan is Preparing to install {ts first modern long distance telephone lines between Tokio and Yokohama and Osaka and Kobe, the equipment recently having been shipped from the United States a GU: MORTGAG: BOND for $..-.-.++s--0+--+ Compiled With Notary Service. Hours 5 to 10 Evenings. Minimum Fee, $2.50. OFFICE: OVER IRIS THEATER against loss. Name Address A bona fide, gilt-edge proposition wherein your investment is positively protected against loss and wherein you have a won- derful chance to earn from five to fifty-to- Couch and Winfrey are widely known as the “Dividend-Paying Oil Kings of Texas.” They have already paid hundreds ~/ thousands of dollars in dividends to stockholders in their various oil enter- italized for only $200,000. It holds 250 acres right in the midst of the famous Humphrey operations in the “Golden Lane” of Mexia And in addition to this 250 acres this syndicate has a wonderful The strongest banks in Fort Worth and Wichita Falls, Texas, will give you the strongest recommendations on the integrity and financial responsibility of these men who now are making you this you are given 8 on income- producing real estate and issued by the Actna Mortgage and Invest- ta of your syndicate together with ARANTY E to cover and protect the full amount of my check which I enclose for $.-c-cereeeeee-e It is understood that this bond is redeemable for the full amount of my investment ff and protects me in every way The H. E. Grude Corporation offers to the public 40,000 shares of its treasury stock at $1.00 per share. The capital derived from this sale of stock will be used for build- ing purposes, adding new investments to the Corporation. The money market evinced greater ease than at any similar period of the year, funds on call -being freely of- fered under four per cent. Merchant's paper and bank acceptances also found States Bureau of Markets)—Cattle re- celpts 500; compared with week ago; beef steers steady to 15c higher, strict- ly good and choice grades showing the advance; extreme top for week $9.40; she stock 25 to 400 higher with fat cows and heifers up most; bulls steady; Masters Clb To BASIN BASKETEERS WIN Hold Big Meeting, FROM THERMOPOLIS FE Stock can be purchased in amounts from 100 shares and up, payable 20 per cent cash with order and balance can be This Company is paying 214 per cent quarterly dividend, or 10 per cent an- nually. The surplus cash received over | International ex- BASIN, Wyo., March t1.—The Bir Horn Basin Masters club, A. F. & A. ., wil hold eighth annual meet- ing here next Thursday, Local Ma- sons are preparing to entertain 350 f nd the high school auditor- will be used for exemplifying the which will be staged by lodges from Cody, Powell, Lovell, Greybull, Worland, Thermopolls an@ Basin. The Eastern Star will give a banquet to the members at Fraternity hall Thurs- day evening and a fine speaking pro- gram has been prepared to follow the feo eee After an experiment lasting stx ‘weeks, one of the largest retail drug concerns in Denver b: decided to abandon the idea of closing the drug stores on Sunday. Loss in total sales ‘Was given as the reason for teh dtver- sion to the Sunday opening. BASIN, Wyo. March 11—The Ba- sin basketball team defeated Ther- mopolis 16 to 15. The second team| also defeated Burlington 6 to 6. ‘The high school basketball team and the! contestants in the declamatory con-| test left today for Laramie to at- tend the stats Mass Meetings In Cork Called DUBLIN, March 11.—Mass meet- ings in support of the Irish Free State has been arranged for Sunday at Cork, | with Michael Collins as the princtpal| speaker. A meeting also will be held) at Dandalk, where Arthur Griffith and| Prof. Jonn MacNeill will speak. | END OF DROUGHT ALARM FINDS ALL GAINS ON THE TOBOGGAN CHICAGO, March 11.—All grain and provisions under- went big setbacks in price this week largely as a result of apparent complete ending of the drought scare in the south- west. Compared with a week ago, the wheat market this morning was lower, 314 to 854c a bushel, corn off 354 @3%, to 414c; oats 1% to 25gc and provisions 40c to $1.25. Sharpest price breaks in the wheat market accompanied by the heaviest selling were simultancous and such ample snow and rain in Kansas, Oklahoma end Teres as seemed to assure excellent growth conditions for the winter crop, notwithstanding that heretofore in the territory named the prolonged Iack of adequate moisture had gtven rise to predictions of #0 small a yield was to mean at least temporary serious curtaflment of the ‘world's breadstuff supply. Increased World shipments, although presum- sbly in anticipation of a shortage, were also a factor in weakening values. On the other hand, United States government figures on farm re- [nerve stocks of grain appeared to | have been discounted in advance, and| |S8o fafled to stimulate any great! amount of new buying. Subsequent- ly, however, gosstp that Russia was acquiring wheat, rye and oats on a large scale attracted notice, and help- ed somewhat to overcome the down- ward tendency of the wheat market here. Corn and oats mainty followed tife leadership of wheat, Lower prices on lard at IAverpool together with the breaks in grain values here weakened the provision market. light yealers ungvently lower, mostly 50c off; stockers and feeders 10 to 15c higher, common and medium grades slow. .. Hogs recetpts 1,000; light 19 to 15c lower, others steady to 100 lower than Friday's average; better grades fairly active: heavy mixed slow; shippers bought about 1,000; holdover moder- ately light; bulk $10.50@11.00; pigs about steady; bulk desirable 100 to 125 pounders $9.25@9.50, with stronger weights up to $10.00 and $10.25. Bheep receipts 5,000; today’s receipts practically all packers direct. Com- pared with week ago; best hand weight fat lambs and shearing lambs about steady; yearlings and weighty lambs | steady to 25c higher; matured sheep mostly 50c up. Omaha Prices. OMAHA, Neb., March 11—(United States Bureau of Markets)—Hogs re- celpts'6,400; 15 to 200 lower; top $10.35; bulk $10.00@10.20. Cattle receipts 150; compared with week ago; better grades beef steers fully steady; others 10 to 25¢ lower; she stock steady to 15¢ higher; bulls mostly 25¢ lower; veals about $1 low- er; stockers and feeders weak to 25c lower. Sheep receipts none; compared with a week ago; lambs mostly 250 higher. yearling and feeders 10 to 25e higher. DENVER, Colo., March 11.—Cattie receipts, 500; market steady; beet steers, $6@8; cows and heifers, $6@ 7.60; calves, $8@11; bulls, $2.60@3.60; | stockers and feeders, $6@7. Hogs receipts 200; market steady, top, $10. 65; bulk, $10.55 @10.65. Sheep receipts, 1.600; market strong; lambs, $14@14.85; ewes, $8.50@9; feeder lambs $13.50@13.75, Driverless Cars Dodges and Fords, .Also One Ford Ton Truck. See Virbel, Phone 1589-J affected by latest shifts in the European situation. Sterling suffered a sharp decline from! its high level of February, a circum-| stance attributed to political develop- ments in some of Great Britain's de pendencies. Extra Large Grape Fruit lOc Each at the GRAND GROCERY Friday and Saturday Only Gabriel Snubbers Hold Your Car to the Road For Sale by Casper Battery Co: 508 E. Yellowstone Hwy. Phone 907 this dividend goes into the accumulative fund for new business. The H. E. GRUDE CORPORATION is strictly an investment company and its revenue is derived from apartment buildings and general real estate transactions. paid in eight equal payments. This ar- rangement will give us the money about as fast as we will need it and still give the man with limited income an opportunity to obtain some of this stock. TO THE PUBLIC: I havé been working on what is now the H. E. GRUDE CORPORA- TION for the past five years, and it has grown from a few small invest- ments to holdings now over $100,000.00, and when the issue of this stock is sold and the money invested in good investment properties the Company should have enough surplus over and above the 10 per cent dividend to reinvest from time to time and the Company continue to grow without any further financing. When this is accomplished the stock will be greatly increased in value. An investment now of $250.00 should be worth many times that amount in a few years. No salaries are paid to stockholders, no promotion stock and the Company has small office expense. I ask you to buy this stock. Why? Any company that can pay 10 per cent annual dividends, and its stock have the possibility of being worth many times its present price, is a wonderful buy for anybody. A wave of prosperity is on the way. Let us take advantage of present conditions. H. E. GRUDE, President. Income Tax - Returns Mail us your order for stock at once. When this issue is sold no more Carefully and correctly prepared. Open evenings until 10 o'clock. Wyoming Audit Co. Public Accountants 414-15 Midwest Bldg. Phone 289 will be offered. f H. E. Grude Corporation 108 South Center Street Casper, Wyoming. Please find enclosed $.. .... first payment on. shares of H. E. Grude Corporation stock, balance to be pai monthly installments. Name H. E. GRUDE CORPORATION Casper Realty Office Phone 381 108 South Center Street $$. CA fain Saas Sr See a Rr EE eat onee tibet