Casper Daily Tribune Newspaper, April 17, 1922, Page 8

PAGE EIGHT MARKET GOSSIP AND FIELD NEWS MOORGROFT ROOSTS GOLD STRIKE = Mining claims covering about 2,000 acres have been staked! out two miles east of the Bishop ranch in Campbell county, Wyo., following discovery of gold ore which assayed $19.60 |@ a ton, according to telegraphic advices from Moorcroft. The strike was made at 90 feet in the drilling of a well and the = assay made a good showing of silver. GRAINS EASE ON SLOW DEMAND Wheat Slumps in Final Deal- ings After Holding to Sat- urday’s Gains. CHICAGO, April 17.—Profit taking on the part of owners of wheat set in today on the board of trace and caus- 1 prices to fall during the final deal- ings. Export inquiry was slack and 0 also was the cal for wheat for mill- ing purposes. There was an unsettled finish at %c to 2%4c net defline with May $1.40% and July $1.24% to $1.25. Saratoga Test Delayed. The Southwest Petroleum company has lost 1,700 feet of casing in its ming, and now faces long delay in resumption of drilling. Drillers were ronning §%-inch casing at the time, Preparatory to rushing work on com- plajon of the test. The company lout ite rig by fire several weeks aso tnd bad recently rebuilt it. Bessemer-Domino Drilling Again. A freak shale formation which pro- @uced a small quantity of of! was en- countered by J. E. Dyke and L. P. Roach, drilling contractors, in drilling No. 5 well for the Bessemer Oil com- pany on section 10-39-79 in the Salt Creek field Saturday. The producing shale was opened at a depth of 490 duction ever encountered in the Salt Creek field. The flow of oil was not strong enough to interfere with deep- er drilling and this morning the bit was working in open hole at 810 feet, excellent progress having been made since Saturday. % Osage Operations. ‘The Glen Ol] company, which has two good producers on section 30-46-63 of the Osage fieki, northeastern Wyo- ming, is preparing to launch a spring development program which will in- clude the drilling of several more wells. c. W. Crawford, Oklahoma and Kansas operator, has secured a least on 100 acres in section 31-47-63 of the shallow field and is arranging for im- medinte drilling. On section 31-47-63 the Condit Petro- Jeum company has completed an av- erage producer in the shallow sand. Lathrop & Son, drilling on the same section, are deepening their well to the Muddy sand, were larger production is expected. Fletcher Bros. have taken over the south half of the northeast quarter of section 5-46-63 and will drill out the 80 acres. On this tract is located the original discovery well of the Osage field drilled by the Mike Henry com- pany in 1919. The Kinney & Young well, one-half mile southeast of Newcastle, is again drilling at a point Where the Muddy sand should be encountered if it under- lies this region. The Carter Oil company ts still fish- CHICAGO, April 17.—Im sharp con- trast with an abrupt advance of 9c a bushel on Saturday, the wheat mar- ket today kept within moderate bounds during the early trading. Tendency of prices was still upward but fluctu ations were repaid, and the activity vas of a character to indicate that the struggles was to be a two-sided one for at least the time being. The chief influence was the question whether sufficient wheat would be on hand in Chicago to settle contracts for delivery during May and the sharpness of Sat- urday’s Bdvande caused fijiends of higher prices to exercise unusual cau- tion. Opening prices, which varied for %c decline to 1c advance for the market taken as a whole, with May at $1.42 to $1.43% and July $1.26% to $1.26%, were followed by gains of 3 cents in some cases but then a setback to about the initial range. Corn and oats were lifted In value by the strength of wheat. After open- ing % to %c higher, July 65 to 65%c, the corn market eased off @ little but hardened again later. Toward the last the corn market acted in sympathy with the weakness of wheat. The close was easy %c to %c net lower, July 64%c to 64%. Oats started % to %c higher, July 41% to 41lgc, and then made slight further upturns. Higher quotations on hogs and! grains helped to lift the price of pro- visions. Rango of Quotations. Open High Low Close|!ms for tools lost in its test well in Wheat— the Beaver Valley region near the May -143 1.45 1.39% 1.40% | Mead ranch. July . 1.26% 1.27% 1.24% 1.24%, | A test well south of the main Osage Sept. 1.20% 1.20% 1.18% 1.15% | fleld in township 45-63 is to be started soon by the Bacheller Oil company, 61% 61 .60% .60%|financed by Wisconsin capital. 65%. 64% 64% PFET re TR sex co aes on | THREE OIL TRAGTS IN ALM 41% 40% 40% se | GREYBULL FIELD TO BE 10.85 10.85 ves cee) AUCTIONED ON MAY 10 11.49 11.40 " 10.77 10.77 rot : Thres small tracts of tand, in the geological structure of the Greybull oil field will be offered for sale by the United States land office on May 10. ‘The leases will be granted to the high- est cash bonus bidder on a stated roy- ality. The tracts of Iam inctude lots one and six in section 16 2nd lot eight in section 17, comprising about 20 acres. Lot nine and the NE%, SW% of section 17, containing 75.48 acres. Lot seven in section 17, All of the lands located in township . range 93 west. he lands are said to lie near the apex of the Greybull off dome and ad_ Join both the Midwest refinery and the Big Horn river. The surface rights on Yhe small tract are owned by H. L. Lilley and on the large tract by H. FE. St. Clair. Information can be secured from either of these men or by ad- dressing the United States land office at Buffalo, Wyo. HIGH WATER SEEN IF ~ ONOW THAW 15 RAPID Abnormally warm weather early tn the year for a period of a week or ten days will see the Platte river at rec. ord flood mark, it is forecast as a result of heavy snow lying on the eastern watersheds above here. <A trapper just returned to Lander after a trip into the hills reports drifts to a depth of 30 feet in places and the heaviest snow he has ever witnessed at this season of the year. Frequent snows of late have added to the sup- ply. Force & Co. Loan Money Batter and Eggs. CHICAGO, April 17.—Butter lower; firsts 33%@ standards firsts ‘28 @23%<c; ordinary firsts 21%4 @22c;aniscellaneous 22% @23c; storage packed extras 26%@26%e; storage packed firsts 25% @25%c. Livestock Mart 52 Chicago Prices. CHICAGO, April 17.—(United States Bureau of Markets)—Cattle receipts 16,000; fairly active; beef steers gener- ally steady to strong; quality medium to good; top $9.25 on heavy; bulk beef Steers $7.50@8.50. beef cows and heif- ers mostly 1c higher; spots up more; canners and cutters, bulls and veal calves about steady; stockers and feed- ers 15c up mostly; bulk veal calves $6.50@7.00 to packers; bulk fat she stock $5.40@6.85. Hogs receipts 30,000. slow; mostly 0c higher than Saturday's average; big packers holding back; packing sows steady; top $10.65; bulk 170 to 200 pound average $10.25@10.60; pigs g00d 100 to 130 pound averages $9.00@ 10.25. Sheep receipts 9,000; slow. generally 25c lower; mostly to shippers and city butchers; big packers doing little early; handy wooled lambs early $15.25; shorn $13.25; few choice 140 pound wooled ewes $9.00. Omaha Quotations. OMAHA, Neb. April 17—(United States Bureau of Markets)—Hog re- cepts 6,500. mostly be to 10c higher; bulk 180:to 210 pound butchers $10.20 @10.30; top $10.30; bulk 215 to 325] pound butchers $10.00@10.20; packing| grades $9.00@9.75. Cattle receipts T000; Beef mostly 19 to lc higher; top $8.50; she stock steady to 150 higher. other classes of stock mostly steady. Sheep receipts 2,000; lambs dull to} Mining, Indus- 2Se lower; spring lambs $16.50; best/# trial and 'y Stocks Yooled lambs $14.75: sheep and feeders|f 214 Bon steady; best wooled ewes $9.25; clipped ewes $8.00. shearing lambs $14.25. Denver Prices. j DENVER, Colo., April t1.-Cattle| receipts 2,000; market 10 to 15¢ high-| er; beef steers $6.500@7.75; cows and heifers $5.00@7. calves $8.00@11.00; bulls $2.50@4.00. stockers' and feed- ers $6.00@7.25. Hogs receipts 1,800; market steady to 10c higher; top $10.40; bulk $9.90@ 10.25. j Sheep recefpts 1,400; market weak to lower; lambs $13.50@14.50; ewes, 38.50@ 3.90. i feet and marks the shallowest pro-|* CLL LL LLL | | well near Saratoga, southern Wyo-| luck \Tom Bett Western NEW YORK ccnp $ 13.50 11.75} 1.06, 14.12} 11.50 | 5.75 | 1.25 7.50 92.! 207.00 --$ 99.78 99.60 ' 99.46 |First 4%s are Second 4%s Third 4%s Fourth 4%s Crude Market | i} |Grass Creek {Elk Basin } ce Creek . Hamilton Dome Rock River .. Salt Creek ... Big Muddy Mule Creek WASHINGTON, April 17.—The fol- lowing storm warning wa sissued to- day by the weather bureau. “Advisory 11 a. m., southwest storm warnings, Cape Henry to Eastport; disturbance over Great Lakes, will in- crease in intensity and move east- ward. Strong southerly winds will in- crease and become of gale force to- 38% |regular. « |soon registered general advances ‘over General Electric General Motors . Goodrich Co. Great Northern pfd. Illinois Central Inspiration Copper International Harves: Int. Mer Marine pfd. ... International Paper Invincible Oil .... Kelly Springfield Tire . Kennecott Copper . Louisville and Nashy Mexican Petroleum Miami Copper Middle States Midvzle Steel Missouri Pacific New York Central . N. ¥., N, H., and Hartford Norfolk and Western Northern Pacific are Oklahoma Prod and Ref. . Pacific Oil Pan American Petroleum Pennsylvania People’s Gas Pure Oil ... Ray Consolidated Copper . Reading .... Rep. Iron and Steel Royal Dutch, N. Y. Sears Roebuck Sinclair Con Oil Southern Pacific Southern Railway . Standard Oil of N. J. Studebaker Corporatio: Tennesse Copper Texas Co. Texas and Tobacco Products Transcontinental Oil Union Pacific .. United Retail Stores U. 8, Ind. Alcohol .. United States Rubber United States Steel . Utah Copper . Westinghouse Electric Willys Overland .. American Zinc, Lead and Sm. Butte and Superior ... Cala. Petroleum Montana Power . Shattuck Arizona Great Northern Ore ex civ ... BOND SECURITIES Address all inquiries to John U. Fish, SCHOOL CENGUS TAKEN TO BE USED AS: BASIS FOR FUND ALLOTMENT In order that school district No. may get its share of money from the state land income, which is apportion- ed to the different districts according to the number of persons of school age, the school authorities of Casper are taking a census during this month. ‘The name of the child, age, sex, ad- dress, and name of parents or guard- jans, are included in the census re- port. ‘This census has nothing to do with taxation. It is taken merely because the state furnishes school money to the districts at about the rate of $10 for each person between the ages men- tioned, whether he or she is in school or not, It is very important that all per- sons interested shall co-operate with the authorities, for it is impossible for the teachers of the different wards to see all the yarents in the given time. If any are missed it will be esteemed a great favor if they will call the,high school. STANDARD BONDS, Am. T. and T., 6s, 1922. 100 Armour & Co., 7s 102% Belgian, 74s Belgian, 6s Brazil, ‘8s. Canadian French, 745 | 102” 102% Goodyear, 8s, 193i +98. 9932 Japanese, 4363 .. 2. 111) 89% 90 Japanese, 4s... 2175 15% Kelly Springfield, 83 ..:. 106 05% Norway, & Tu. fies New York Cen, 7s .....- 106% 107 Queensiand, 7s 2 107% 108 Swift, 7s, 1925 + 101°" 101% Swift, 79, 1931 + 102% 102% Swiss, 88 .. jessece 116 116% ie 7s 106 106% Western Union, 6%s 107% 108 ee asc YTALIANS RIOT. | ROME, April 17.—A pitched battle between Fascista, or extreme nation- alists and communists occurred yes- terday in the fashionable Via Po quar- ‘ter, where many tourist hotels are crowded with Americans, Sniping continued for some time be- fore police drove away the commun-| ists. Se Jewelry and watcn reparring by ex- pert workmen. AH worl guaranteed Casper Jewelry Mfg. Co., O.-S Bldg. wee eZ Lawn CLLLL LLL LE Lf 147 South Center MI WE HAVE A COMPLETE LINE OF Garden and > WE CAN FILL YOUR WANTS COMPLETE. CAMPBELL HARDWARE CO. Tools CLLLAAAALABLLLALLALLEL A Phone 425 NPP, CL kL had LL LP LS LP oS Che Casper Daily Cribune #\Many Oils React but Trend of + |exchange the week opened with a con- 3, |tinuance of the recent active specula- 4, |tive buying. Commission houses were %4|Northern Pacific and Reading were “(silver 65%c; Mexican dollars 50%c. MONDAY, APRIL 17, 1 §, A. 0. SIGN HOISTED AT ME. CHURCH SU closing bid 3%; offered at 4; last Ioan) mand 36%; cables 36%. Elland de 4: call loans against acceptances 3%; | mand 27.89; cables 37.92. Norway de- time loans steady; 60 day1, 90 days|mand 18.72, Sweden demand 26.02. and stx months 4%. Prime mercan-/ Denmark demand 21.20. Switzerland tile paper 44@%.- demand 1945. Spain demand 15.54. Greece demand 4.50. Poland demand) 02%; CzechoSiovakia demand 2.02./ rgentine deman: . Brazil de- NEW YORK, April 17.—Copper | Argentine < eae: steady. electrolytic spot and nearby Sa “Se, ee 2 RECLAMATION FUNDS AT RIVERTON INCREASED, Iron steady; No. 1 northern hp | 20. \ | | HEAVY TRADING INSTOGK MART Metals. @22.00; No. 2 northern 20.00@21.00, No. 2 southern 16.00@16.50. Lead firm. spot 5.00@5.20. ; Zinc steady; East St Louis. spot 4.95@5.00. a§ sath RIVERTON, Wyo. April 17.—Dur- Foreign Exchange, Steady. }ing the last half of the present year! NEW YORK, April a1--Orett Brit-| $322,000 will be sramelie 1 for omer demand 4.41%; cabiés 4.42 ; 60)ing on construction work on ang bills on banks 4.39%. France de-| Riverton Reclamation project, tha | Bottoms. ee Osborn ae a mand 9.33%; cables 9.34. Italy de-|manager here has been notified. : ee ae mand 5.50%; cables 5.51. Belgium de-| Last year only $200,000 was available lebgasmen pastor, Rey. mand 8.60. cables 8.60%. Germany de- for the same purpose. ter delivered an Easter sermon. Popular Issues Is Mainly Upward. | midday reaction. The closing was ir- NEW YORK, April 17—On the stock Exchange Furniture Co. CASPER, WYO. Headquarters for Paint Our Certain-teed Prices Prominent in the movement which last Saturday’s final Oils jand rails were in the forefront with coppers. Sinclair, Royal Dutch, Mid- die States and Standard Oil of New jersey, Anaconda, Utah, Atchison, |higher by fractions to one poinx. Steels land equipments were relatively back- ward but begame buoyant within the Ror eer first half hour, American Car rising — oes Leet Be Gel Quart almost two’ points. 448 Outside White House Paint $3.40 $1.05 900 Universal Varnish $3.60 $1.20 On’ the (business “ot tie fecemonk: 421 Colonial Yellow “ = “ 3.13 1.00 33 Dark Oak Varnish Stain 80 roughly estimated at 1,000,000 shares, pr yng enh | 2.75 83 740 Screen Paint 5 the full session promises to surpass Olive Green 3" 2.70 35 461 Barn, Bridge & Roof Pt 1.70 jall records in point of activity for at least two years. Further momentum % was given to.the early sdvance by |free offerings’ of cali money which dropped from 4 to 8 per cent soon after Oils continued to over- shadow the Ist, but before noon they |were superseded to a considerable ex- |tent by metals and rails, Gains of 1 to almost 2 points were made by jAnaconda, Chino and Utah coppers Jand Canadian Pacific, St.Paul and Chesapeake and Ohio. Shippings also! strengthened but motors and equip ments reacted moderately to realizin:; sales. Oils and steels bore the burden of |the noon reaction, declining 1 to 4 joints. ‘The list showed strong recup- erative qualities, however, most losses being largely recorded under lead of investment rails at 1 o'clock. Sales jto that period approximated 1,400,000 | shares. ‘That's one economy —another is the cost plus basis of pricing which enables us to sell these extra quality paints at a big saving to you. Silver. NEW YORK, April 17.—¥oreign bar Money. NEW YORK, April 17.—Call money easior. high 4; low 3%; ruling rate ¢> Seven Hundred and Sixty-Eight of the Leading Daily Newspapers on the North American Continent are proud to claim that they are “A. B. C. Members” WHY? THE Audit Bureau of Circu- lations is a co-operative association of Publishers, Ad- vertising Agents and Adver- tisers, organized to place the selection of advertising space ona basis of known value. Over eighty-four per cent of the circulation of daily news- papers in the United States and Canada, having a circula- tion of 5,000 or over, is audited by the A. B. C. y The Casper Daily Tribune is a f : The Bureau has forty auditors “member of the A. B.C.” covering the United States and Canada. They check, ver- ify or revise the circulation figures and facts submitted by the publisher in his report. Where and how our circulation is distributed is shown in our latest audit report. The facts as to Quantity with reliable data on the Quality of circula- tion are available, This information is available only in the Audit Reports on members. It is indispensable to every advertiser, either local or national, who buys news- paper space, because it enables him to place his message with accuracy. A clean, accurate, audited record of Facts which the Ad- vertiser wants to know is al- ways ready for your inspec- tion. A B. C. Means Above-Board Circulation