Casper Daily Tribune Newspaper, April 1, 1922, Page 8

Che Casper Daily Cribune : , 1922. ~ oil scewtig (MANY STOCK LEADERS RECORD =~ —~|| NEW HIGH PRICES DURING WEEK PAGE EIGHT = 3 TRAPSHOOTER ERECTING TANKAGE | SATURDAY, APRIL 1 Associated Press Leased Wiro New York Stocks | > ° ° * + ° ° a LAST SALES NEW YORK CURB CLOSING ‘Altted Chemseai Bessemer ....-2e.0-++ 21 oe laeeionn ee Buck Creek .+:sc-222. 3s |stock market this week moved irreguiarly and less actively |_ pies gree a \American Berke (2: {3 | to higher levels. Many leaders of the railway, industrial and re ae TS ts are ee Pr min eid, a Eaather: Pp Blackstor» Salt’ Creek ‘st |miscellaneous groups recorded highest prices of the year. Belgian, 7% FORT WORTH, Texas, April 1—Trapshooter Reilly has American a Chappell .. : es This was equally true of the bond market in which second- ee erected tankage on his Couch lease at Wortham and is now “h<rican Pin renege : any | SEY or speculative rail» were most extensively traded in with | eae or bailing out his Couch No. 1 preparatory to-drilling in. The Ameisan Consolidated Royalty 121 r See. «LY (SE Sno NEI. & Se, 5 Capitol Pete registered gains of 2 te 3 pointe over |Chile, 8s, . wasing was set over a week ago. preset im Gaal ame ceratipin «ae t Mr. Reilly states that he is giving his personal attention to |Amorican Domino - months. the completion of the well and that the drilling in will be Anaconda Copper a Improvement in industrial condl- Gone with the utmost caution. Bt fo) ee ee eee ee conceded by maay practical operntors| 743, Gulf and West Indies - reuse in the output of iron and steel, and drillers in this region that the|}mitinere oa oe 19% | supiter better railroad returns, net a» well as Force & Co. Trapshooter test is on the best look-|Bethichem Steel “B" a 73%, | Kinney eross, and enlarged buying of gen- ing location of the entire Wortham|Canadian Pacific 136% | Lance Creek eral merchandise for spring require-|~ district, and that it is very likely to|Central Leather 136% | Lusk Royalty ments were the main propelling fac-|>} Loan Mone come fn the biggest producer of the|Chandler | Motors *- oe Maas enzy aia| — tors. y field. A good sand with showing o¢ |Chesapeake 233 - ntain & Guit 34 | The overshadowing strike of the en, both off and gas was encountered be-{Chicago, MU and St. % | Nortnwest 20 |Reaction in Week-End Setfle-| coat minors labor disturbance in the sot bed ESE ; fore the casing was set. Chino Copper Outwest .. 1 | ments Overcome by Sharp |New England textile trade and the trial and Railway Stoc Mr. Reilly thinks so much of his Colorado Fuel ai ot gp br Rally Today. course of tax legistatica at Washing- and Bonds. eee ances for success in this test that|Corn Products cores Bi ton evidently were not regarded as his development company arquired | Crucible “Steel ~ ea perious deterrents by the speculative} The Prince of Wales posscases an yi Half Hour Car-| aaaitional ac Adjoining the | Bete ish Pred. enveloce alitireesed 0-2 iia Rally in Last Hal a Teage adjoining lense. | Sarsous “Playeteiaaky Prod. ana element. hat was returned through the ries Quotations to Open- The Trapshooter Development com-|General Asphalt : Sunset NEW YORK, April 1—Trading in| gettiements at the end of the year’s | Place thai pany has also acquired 1,000 addition-| General Electric al neres adjoining {ts 3,000-acre block|General Motors of leases around Mabank in Kaufman |Goodrich Co. .. county, where the Porter No. 1 ts nbw{Great Northern pfd. . CHICAGO, April 1—Wheat opene! [drilling at below 1.200 feet. lillinols | Central “Insufficiently address stocks during today’s two hour session was governed by the usual week-end settlement of speculative contracts. After a firm opening prices reacted on selling of leaders including Bethlehem st marked Tom Beil Royalty --.. Western Exploration. Wind River Refg. ...- United Pete . ing Figures. first quarter were effected without | strain to the money market. Cal! loans held at relatively low rat a two of the important interior reserve @eaxy on tho Chicago board of trade| yransheoter Reilly may extend the teday, manly decaune of the decline! operations of his development com- ‘t Laverpool. The May early dropped | pany into Alaska. Hoe states that hia off about 2 cents after opsning % to/ organization is negotiating for the! % to Ke lower at $1.32 to $1.32% @%-| purchase of 25,000 acres near tho coast |Kelly Springfield Tire . Jniy started % to %o lower at $1.17 to $1.16% and September was off 4c at $1.11 but lost another % cent tn in Central Alaska, whore there is every indication of a trernendous ol! field. Owners of this acreage, who are ‘the Srst hour. in Forth Worth, are exhibiting photo- graphi ‘There was scattered Mquitiation by ‘<ommieston houres on the way down. Local traders tried to check the move ment at around $1.21 for May but had Uktle outside help and econ showed a imposition to let the market go. For demand was reported as flat. Svcs pa are narrow Iimits|! was in that country several years through the rest of the session. A}%® If there is anything big in the rally in the last 30 minutes brought} V8y Of ofl development in that region prices up to about the opening and}! want to get in on the:ground floor.” @t the close May was $1.31% to $1.31%, seepage ofl found on their holdings. “There fs gotme to be some big shooter Reifly. ee ietocy 4% July $1.16% to $1.17 and September — Reading aie ws Victory 4 Pre ctactac umchanget to 4L0 low lees eee 4 ears oebur tee ceee May ST%@%c, July 60% @élo and 4 saan ve rhgassy See We crores || LADestock Mart | eiiar er Crude Market ret Southern way moll to pe red hot ge the maric reas een Js a =r demand at about the figures. Denver Prices, es eee Elk Basin . 1.96 Corn finally shock off the depress] DENVER, April i Caétie recetpts, | pemmnsee Copper Lanco Creek 19 img influence of wheat and on con-| 100; market closing steady to 250 low-|Texas and Pacific spe ey eo er eeabourl encouragement regis:] er; beet steers, $6.50@7.60; cows and Tobacco Products Salt “Ot! 140 net gains for the day. The} heifers, $5@7.50; calves, $83@T1; Ns, |Trancontinental O8 Big Muddy 1.40 saw May 57% to S7Kc. July| $2.50@4; stockers and fooders, 36@7,/Unlon Pacific ,,... Mule Creel eS 1.35 K@% to 61% and September 63% to] Hog recetpts, 100; top quoted $9.90; bulk quoted $9.50 @9.75, Shoop recetpts, none; market closing following figures: Yearlings, $12.50 @13; lambs, $13.85@158; @10.50; ewes, $8.50@9.50. [Initial oat prices wore % to lic with July 39%. May sold down t@ 36%c which was within %c of the| a+ lewest ftgure on the crop. Provisions were unusually uM being | Seetentna by a fafrly good market peat live hogs, and the weakness in ChLaccericcs: epee rite. CHICAGO, April 1.—(United states Bureau of Markets).—Cattle recelpts Clostng Quotations. 500; compared with week ago: Beef steers and she stock 15 to 26 high- an. ptr 1a da0% Lavy [ers bulla, stockers and feeders’ prac. [aid To xism 1a7— 126% 1.16% | tically steady; veal calves 26 to b0c Le 2 "| higher; week's beef steers top $9.40; Qorn— week'n bulk prices: beef steers $7.50G . eared 4h ee ti 18-36; beef cows and heifers $5.10@6.75; sey ite Das IS ‘ stockers and feeders $6.25@7.15; veal calves $7.75@8.50. Bologna bulla —- 3% 30% 36 uly 7 ee aK ae ae pee ey 10.75 | 108s recetpts 9,000; active and un- = A “78 |even but mostly steady with Friday's ; |average; shippers bought «bout 1,000; May —- 10-42 10.45 1025 10.45 : ee July - - 10.65 | 10.75 10.60 20,67 | £004 clearance; top $10.50; bull $9.00 ee |@1040; pigs steady to strong; bulk 1og0 | desirable 120 to 125 pounders $9.75@ auly — = 10.29 |70.15. Sheep receipts 4,000; today’erecetpts ewidohy |Practicatly ‘all paokers direct. Com. pared with week ago: Fat ewes and = TE Maat _|hest handy weight fat lambs steady to ICAGO, % womrt'|25c higher; other fat classes 25 to 0c creamery extras 360; firste 33%4@| Mion wget ene phates 36%4c; seconds 32@32%0; standards| EM nies as ae eee pbioboerts + $15.40@16.00; shorn —$13.00@ 13.50; wooled ewes $9.00@9.75; shorn $8. 0.00; shearing lambe $14.00@14.75, Eggs lower; recetpts 25,617 cases; Tirsta 23% @23%c; ordinary firsts 2114 | 22c.; miscellaneous 22%4@230; stor-| jage packed extras 25%c; storage pack-| ved first 25%. | Omaha | OMAHA, Neb. April 1—(United | States Bureau of Markets)—Hogs re- jcetpts 6,00; market uneven 10 to 150 |wer; ight butchers off most; part load at $9.80; top $9.75; bulk of miles $9.40@9.50. Cattle recetpts 500; compared with week ago: Better grades beef steers 10 25c higher; others steady to 15c ———_ NOTICE TO CREDITORS. Estate of John Dillon, Deceased. Notice is hereby given that let- ters Testamentary were on the 18th day of February, 1922, granted to| the undersigned in the above es- tate, and all persons having claims il development in Alaska,” said Trap-| ~ 6, 1922, against the said estate are hereby required to exhibit them, with the necessary vouchers for allowance, to the undersigned, M. W. Purcell, within six months after the date of said letters, or they may he pre- cluded from any benefit from such estate, and if such claims be not exhibited within one year from the date of said letters, they will be for- ever barred. Dated March 30, 1922. JOHN H. CASEY, | Administrator. M. W. Purcell, Attorney for Estate.| Publish April 1, 8, 15, 22, 29, May| lower; she stock steady to 186 higher; bulls strong; veals about 250 higher: jstockers and feeders steady to 26c low- er. | Sheep recetpts none; compared with | Week ago; lambs steady to 250 higher; |sheep and yearlings 28c higher; feed- ers steady, BANK RESERVES DECREASE NEW YORK, April 1—The actual condition of the clearing house banks and trust companies for the woek shows that they hold $13,309,060 in excess of legal requirements, ‘This is @ decrease of $34,263,260 from last week, CROP OUTLOOK CAUSES FALLING OFF IN WEEK’S GRAIN PRICES CHICAGO, April 1.—Improvement of the domestic cro; outlook has made the wheat market average a little lower in price this week, offsetting the which the senate finance duty on wheat. immediate effect of approval i committee gave'to 80 cents import Compared with a week ago, wheat quota- tions this morning were unchanged to 54 down, corn was was 1% cent off to a shade advance, eats at % decline to % gain and pro- wistons varying from a set pack to 32 cents tp a rise of 15, “Wheat crop advices, whieh during the earlier part of the week were most- ly of a pessimistic sort, especially as tg conditions in western Kansas and Oklahoma, because of a most promis- ing nature as the week drew to an end. Tuts in particular was the situation regarding Kansas, taken as x whole, of forecast being for greater produc- tf than at any previous time in the history of the state. Subsequently, un- oGiciel estimates wore current that the total domestic 1922 harvest of win tet wheat rvouid be 550,000,009 to 580 099,099 bushels compared with Decem. ber estimates of 527,000,000 bushels, Proposed tariff changes, which would increase the duty on wheat fivo eents a bushel over the rate in the Fordney bill and would lft the duty on flour 2 cents a hundredweight wave ® decided temporary stimulus to wheat values. It was quite generally as- sumed by trades that wheat importa- tions from Canada and Argentina might thus be altogether shut out. Corn prices for the most part were governed by the action of wheat. Oats held comparatively firm as a result of wet weather delay to seeding Provisions averaged lower, infiu- enced by selling from smaller packers and by slackness of cash demand, ie Midvale Steel views showing large Inkes of “I found many evi-| ences of producing of! territory when |Oklahoma Prod. and market steady; | 145 PER CENT CASH DIVIDEND | PAIDAND ROT A DROP OF OIL , | WyoKans ‘| Weatern Oil ‘Wilds’: : Inspiration C International per . farvester Int. Mer Marine pfd. Western States International Paper , ¥ Ol... west Invincible Oil ..... 19 LOCAL OIL 7% | Mountain Producers Kennecott Copper ... Merritt Louisville and Nashville . Mexican Petroleum Miami Copper ,. Middle States Oi . Pacific Pacific O0 ...,. Pan American Petrol Pennsylvania . People'a Gas Pure Oil ... Ray Consolidated Copper Tird 448 Fourt 448 Steel and Baldwin Locomotive, togeth- er with various specialties, The mar- ket rallied later on the demand for cheaper motors, especially Pierce Ar- row common and preferred, the Call- fornia ofis, mail order issues, coppers and junic: rafts. The latter included St. Paul preferred and Wabash pre- ferred at gains of 1 and 1% points. The closing was strong, Sales ap- 0) proximated 400,000 shares. jNew York Central S. 0, Indiana iN. Y., N. HL, and ¥ 20% | Cities Service NEW YORK, April 1—Price forfoik and ‘Western 103 LIBERTY changes were exceedingly narrow at lorthern Pacific the dull opening of today’s stock mar- ket. T he coal strike exerted no per- ceptibie influence over shares of that description but probably tended to make traders more cautions. Leaders of the railway and industrial groups moved within fractional limits. Gen eral Electric, American Express and Savage Arms were among the fow |United Retail Stores . 8S. Ind. Alcool _——— stocks to register gains of one point or more. Mantevttan Elevated fell one point in connection with Inter- borough Rapid Transit’s default of the quarterly dividend on that stock. Foreign Exchange, Steady. NEW YORK, April 1—Great Brit- ain demand 437%; cables 4.37%; 60 day bills on banks 4.34%. France de- mand 9.02; cable 9.02%. Italy demand 5.17; cables 6.17%. Belgium 8.39%; United States Rubber United States Steel Utah Copper . RECEIVER'S DISCHARGE ASKED. OMAHA, Neb., April 1.—A__ stock: Cala. Petroleum Montana Power , Shattuck Arizona . Great Northern Ore filed several days ago with the clerk of the United States district court . 36 it was learned today. @®y GRACE BROWN) FORT WORTH, Texas, April 1.—The stockholders of the Texas-Mexia Drilling syndicate are realizing more forcefully each dzy that their sole trustee, Col. B. M. Hatfield, is a man of superior foresight and intelligence. What stockholders could expect or even dream of a cash dividend before oil is produced? NotI am sure. But that is precisely what has happened ‘to the stocichpiders in the laid my plans so that they will real. Texas-Mexia Syndieate—145 per cent/ize thelr dreams. They love their cash dividends in less than five|families just as much as I love mine, months, is the synficate’s record. jand thelr sons and daughters aro as ‘This is one way that this marvel-| worthy of an education and the ne- ous dividend was made possible: In|cessities of life as the richest men the first place the colonel never for-|in the country. If I make good these) gets his stockholders; in the second! who are associated with me from the place he has back of him not only| biggest to the least will make good. the best educating colleges and univer-| | “Can't you see,” he continued, sities can afford, but 20 long years|“what it will mean to myself and ot varied experience in the world’s | stockholders to have a field crow who vast oll fields. When the Mexia field aro not working for us only but who opened up, Colonel Hatfield observed|are working for thelr family and that there was a scarcity of water.| themselves at tho sume time? Do you Drills must have water anf a great) think for one moment that those men amount of ft; consequently, the colo will leave a single thing undone that nel began to look for a solution to) will promote tho progress of that this problem, He set out exploring! well? You bet they won't.” the vicinity for water. One day ho| Mombers of Colonel Hatfleld's érin- @iscovered a “structure’—a vfitor|ing crows receive only $12.50 per structure. month in cash and their board while “There's water here,” “he sald one drilling, yet there is a long waiting day, and ho got his pick and shovol| list of those who wish to become con- and degin to dig, “and {t's not Just = nected with the company, If Colonel pool of it efther; {t's a subterranean Hatfield makes money all thoso asso-| river and I am going to prove that T ciated with him will make money, am right.” After digging down about twelvo foet the colonel proceeded, Just like any olf fie off man, to get a stick of dynamite and blow her fn. Just as the colonel had predicted, tho mud and water flew in all directions, spattering the adjacent farms and in- creasing their values, There was wa- ter and onough of {t to make cash dividends possible, but as the colonel had said he prover that he had found a subterranean river, He threw number of corks into the weil and of- fered n prize of §1 each for all that wore roturned. A few days Tater the boys begin to come tn with the corks. You never saw so many boys, big boys, little boys, and as there was no raco @istinction, there wesp white boys and black boys. ‘Tho river's out. Jot had been discovered, Not later than Aprii 10 Colenel Hat- P fica will start drilling on his 32,000- acre lense in San Saba county, San Saba county {s, as you doubtless know, in practically proven terrtory, ‘Phere’ are ® number of shallow wells in tho county which gives one every ceascn to think that there will be greater production at a greater depth. Bo sure {gs Colonel Hattie of the posal- biltties of the syndicates holfings that he saf@ in an tnterviow: “Just as sure as we sit here, my units will ad_ vance to $300 or $400 within the very near future.” The Toxas-Moxin Drilling Syndicate ts the result of many months of min- ute planning, and ts guided by a pol- icy which, ff adopted by other orzan- izations, would make Iinbor unrest ancient history. “No man wants to grind his life out for a mere salary. Tho men that I want around me are real men, they want to get somewhere in life just the same as you and I do, and@I hayo That's the main issue of the “Grub | Stake” deal, | pei SL BUTTER MARKET VAIS -IN-LEADING CENTERS, ~NEW YORK SHOWS L088 OHICAGO, April 1.—The butter market during the week ending April 1, were influenced by weakerling fac- cables 8.40. Germany demand 33%; ables 33%. Holland demand 87.7 cables 37.80. Norway demand 11.73; Westinghouse holders petision requesting the dis- sweden demand 26.02. Denmurk de- Willys Overland charge as soon as possible of former Maca 2106, Switeerlond meinen American Zinc, Lead and Sm. Governor Keith Neville as receiver for 1942 spain demand 18.49, G: ripe d Butte and Superior ... the Skinner Packing, company. was! *®4. a 49. Greer mand 4.36. Poland demand Czecho Slovakia demand 1.82. tine demand 3600. Brazil 13.75. Montreal 97%. 02%. Argen- demand Sliver. NEW YORK, April 1—Forelgn bar silver 65%c; Mexican dollars 50\c. SCOUT OFFICIALS 10 BE DOUGLAS GUESTS A group of local scout officials in- cluding George B. Nelson, L. C. Good- rich, Harry L. Black, M. P. Wheeler, D. W. Ogilbee, and R. T. Kemp, will go to Douglas Tuesday to attend a luncheon of the Wiwanis club. While there they will address a meeting in the interest of scout work and will make an effort to stimulate an interest in scouting among the business men of Douglas, They will return to Cas- per Tuesday afternoon. 5 —____—~» ____ ‘ATOR KELLOG ENDORSED. ST. PAUL, Minn., April 1—Frank- B. Kellogg, junior United States sen- ator from Minnesota was endorsed for renomination by the Republican state convention here. 3 He unerringty where Ni has ho will, Nature developed Gray East Second and Park Ave. SAINTE CLAIRE Motor, Cars tors which in an unusual way finally resulted in sharp reductions in prives. New York, during the previous weelz, had felt the strain of exocsive sup- plies of tap grades but despite nrics reductions that mado that market very’ much lower than other markets, there seemed to be no rellef from tho altua- tion. Boston and Chicage remained fairly steady and there was no pres- sure to se. In mid-week, however, a decitme of gme ond one-half cents at New York threw the markets so far out of adjustment that the other mar. kets followed with corresponding re- ductfons, ‘With the market at New York so low there was a shift of shipments to other markets. This was followed by actual docreasa in tho visible supply at New York and an increase of demand from buyers who ultimately bought elsewhere, thus strengthening that market while et others there was a corresponding {nerease in the visible} supply and a decrease in demand, During the week there was a gener al demand for undergrades. Supplies of fresh centralized were larger than in the last few week: Ocuwece Vesta Batteries AT LOWER PRICES Two-Year Guarantee. Casper Battery Com 508 E. Yellowston Hwy. Phone 907 i centers reduced their rediscounts. ae ARMENIANS PROTEST. PARIS, April 1—(By The Asso ciated Press).—The Armenian delega tion in Paris plans to protest to the allied governments over tha decision of the allied foreign min igters to piace the Armenians under the protection of the league of nations. $< ‘The brave deeds of pioneer Mis” souri women are to be commemorated by a magnificent memorial fountain in Bt. Louts. To Rent A space very suitable for Dressmaking or Mil- linery Shop. Inquire at Shikany Dry Goods Co., 212 South Wolcott St., Phone 736. WISE PROTECTION The careful man or woman uses great care in the selection of a bank when depositing their money, de- ciding upon the safety of the institution. The same considerate care should be used in the selection of a broker to handle your money transac- tions—A strong brokerage house is protection to you. We consider our leased wire service a great benefit and protection to the people of Casper and to our cus- tomers. Our quotations from the leading markets are up to the minute and cover all listed and unlisted se- curities—Stocks, Bonds, Grain, Oils, Cotton, Liberty Bonds, Money Exchange and local securities. All télephone_ telegraph and mail orders will re- ceive our prompt and careful attention. CONSERVATIVE—PROTECTIVE TAYLOR & CLAY, Loc. Oil Exchange Bldg. Phones 203—204 Casper, Wyo. FREE TRIP TO Evansville Townsite SUNDAY CAR LEAVES COMPANY’S OFFICE OPPOSITE POSTOFFICE. Wyoming Refinery No Longer a Guess As Refinery Men Actually Working On Site This Townsite Has a Future NOW IS THE TIME TO BUY AS THE BEST LOCATIONS ARE BEING TAKEN VERY FAST. Our representative is always reacty to take you out to the Townsite: Just telephone 419 and make an appointment. WE WILL BE ON THE GROUND SUNDAY TO SHOW YOU AROUND “A Look Will Convince You” Guaranteed Investment Co. Room 8, Zuttermeister Bldg. Opposite Postoffice PHONE 410