Casper Daily Tribune Newspaper, April 28, 1922, Page 10

PAGE TEN €be Casper Dally Cribun MARKET GOSSIP AND FIELD NEWS NEW YORK OIL JUMPS TO $22.50(=== New York Ofl stock continued its upward flight on the New York curb yesterday when it jumped to sales at $22.50 a share and sold at a iow of $21.50, another net gain of over $1.00. Sales were also recorded in curb exchange at $21.87 i 2 Oil Securities Furnished by Taylor and Clay ei es Consolidated ’ Royalty. Capitol Pete and $22, but the highest point of $22.50 was reached at the FOREIGN BUYIN BOOSTS WHER close of the session. Predictions that the stock will sell at par seem on the verge of being real- ized and with Wyoming cils coming into favor on New = pee * would not be surprisi witn: atps tatGer Saseeeae. Pipe for Line Arrives. First shipment of eight-inch pipe for the Casper-Salt Creek line of the West- ern Pipeline company are being un- loaded at Casper and is being strung Price Recovery Develops im |aiong the route of the survey. Twen- Chicago With Enormous Export Demand. ty-nine cars of pipe are on hand and lore is being shipped da‘ly from the Youngstown mille. Actual construc tion work is to follow soon and com- plotion of the project should require CHICAGO, April 33,—Huge foreign |DUt two or three months. purchasing said to total bushels gave an upward turn to wheat prices today after an early dec!ine ‘The close was-unsettied, at the same finish to 1%c higher, to 1.42% and July CHICAGO, Aprit 28—Wheat showed +m tendency to fall in value today dur. jing the early part of the board of } trade session,.with consiterable notice }being taken of a decided setback in itdverpool quotations. The weakness fac Liverpool was ascribed in turn to auxiety over developments at the Ge moa economic conference. The fact tthat Monday s the first delivery day von May contracts appeared also to “be receiving some attention as a bear- ish factor here for at least the time IDeing. Initial prices which varied from b% to 1c lower, with May $1.40% to $31.40% and July $1.25% to $1.3T%. followed by eomething of a rally Rout then by fresh declines. Subsequently, trans-Atlantic crop jeonditions were reported as unfavor- fable and big sales to Greece and Ger- ‘many did a good deal also to lift ices in the later dealings, Corn.and oats at first sagged with twheat but later rallied. After open ‘ng % to Ke lower, Jnly 64% to 64%. the corn market scored slight general gains. Large export miles of corn and cats as well as of wheat led to a further advance in prices during the last half of the day. The clase was unsettled. Oats started unchanged to Kc off, Iuty 40% to 40%4c, and then steadied at about the same as yesterday's fin- ish. Provisions were a little firmer tn re- sponse to higher quotations on hogs. Closing Quotations. Open High Low Close 142% 126% 1.18% ~ 140% 143 1.39% 1.26% 1.24% 119 117% 1.18 60% 64% 61% 65% 60% 64% B14 85% 37% 40 31% 40% 37% 40% 37% 40% 21.00 10.80 11.07 10.90 10.72 11.10 11.00 11.60 July 20.97 10.87 10.87 Butter and Eggs. CHICAGO, April 28.—Butter high- er; creamery extras 29¢; firsts 33@28c, geconds 32%4@34c. standards 33c. Eges lower; receipts 44,275 cases; firsts 23% @24c; ordinary firsts 214@ miscellancous 22%@23c; storage packed extras 25% @26c. storaged packed firsts 25%4c. Livestock Mart Chicago Prices. CHICAGO, April 28.—(United States Bureau of Markets.}—Cattle receipts 4,000; market active; beef steers and she stock firm; top beef steers, $8.90; Jong yearlings, $8.85; bulk of quality to sell at $7.50@8.25; buils, mostly 25¢ highcr; bolognas mostly $4.65@4.90; Dest heavies, 5; veal calves and stock- ers steady; bulk vealers, $7,50@8- Hogs—Receipts, 23,000; fairly ac- tive, mostly 10c to 15c higher than yesterday's averane; big packers holding back; top, $10.70; bulk, 10.25@ 10.65; pigs, 25c higher; bulk good 100 to 130 pounders, $9.50@10.50; pack- ing sows, strong to 15c higher. Sheep receipts 8,000; shorn lambs, mostly 25c higher; sheep and wooled Jambs firm; top shorn lambs, $14 $14@14! top wooled lambs, good native springs, $17; best shorn ewes, $9.50; few heavy, = April 28.—(United OMAHA, Neb., States Bureau of Markets)—Hiogs re- ceipts $8,000; active 5 to 10c higher; rest 180 to pound butchers 39. .20@ $10.00; top $10.10 bulk 260 to 325 pound butchers $9.75@39.90; packing grades mostly $9.0! 9.50. Cattle, receipts $2,600; all classes generally steady; top beeves $8.50. Sheep, receipts $3,000; shorn lambs steady to strong; top $14.10; springers 25e lower; Californias $96.75; other Glasses nominally steady. Prices. Midway Test Preressing. The Midwest company is down 2,660 feet with its test well on the Midway dome between Casper and Salt Creek and is making good progress espite water troubles. The work of pulling 1,200 feet of casting to correct defects ‘was recently completed. The first test of the same structnre was abandoned at 2,800 feet but it is planned to carry the new weil down 4,500 feet if neces: sary to establish completestest of the structure. Union Takes More Leases. The Union Of! company has taken over leases aggregating 1,000 acres on the Hale dome, 12 miles east of Ther mopolis, Wyo., where a wildcat will be spudded in earty next month. Black oil is expected in this field of a grade obtained, in other sections of Hot Springs county. GREATER PART OF LONG GAS LINE IN NATRONA COUNTY, BOARD FINDS Of the 89 miles of pipeline required to construct the gas line between Cas Per and the Mahoney dome and F ris off field, Natrona county has a toal of 53 miles to its credit in com pltance with the order of the state board of equalization which was is- sued yesterday. The board's decision adds over $600 000 to the taxabie valuation of Na trona county, it was stated here today by Lyle E. Jay, county assessor who returned from the state board meet ng. Under the the finding of the equaliz- ation board 53 miles is credited to Na trona county and 36 miles to Carbon county. The entire valuation of the Pipeline which is jointly owned by the Producers and Refiners corporation and the Midwest Refining company was withheld. ‘The reason for with- holding the valuation set is because similar adjustments between other counties must be made by the board and ft would be injurious in thetr action to make announcements at this time : ‘The gas line which wil) add a big as- sessable valuation to the state is now being used to open up the gas deposits of the fields in southern Wyoming to provide abundant fuel for Casper re- fineries. LL bulls $3.00@425 steckers and feeders $6.00@7.40. Hogs receipts 400; market 10 high- er; top $10.25; bulk $9.70@10.00. Sheep receipta none; market un- changed. lambs $13.75@15.25; ewes $8.00@9. 7 cemesea 2as Lance Creek Royalty “63 Preston ... 01% Mike Henry. 4 Mountain and Gulf . Northwest Outwest Red Bank Five Tribes Pot. Co. . Pocaray ....... Riverton Retz. Royalty and Producers Sunset ... Tom Beil Royaity Western Exploration. Wind River Refg. . United Paste - Ww: yoRans Mountain Producers Merritt - 12:12 2.37 3 - 1.12 14s Salt Creek Prds. 2... 1462 14.87 Salt Creek Cons .... 13.50 13.75 Prod. and Refra. --.. 6. 6.62 Marine 5 1.2 Mutual .. " 7.18 8S. O. Indiana . 98.00 Cities Service Com. -- 224.00 226.00 LIBERTY BOND’ Bim nib TE First ——- 99.50 Second 4s First 4%5 . Second 4%s Third 4%s . Fourth 4%: Victory 4%s Crude Market Grass Creek Elk Basin Lance Creek Hamilton Dome . Rock River Salt Creek . Big Muddy Mule Creek Bible Lecture Next Sunday All who are interested in the study of the Bible as the greatest of all books, will have an exceptional priv flege next Sunday 7:30 p. m., at the Presbyterian tabernacle, Sixth and Durbin streets. The minister, Rev. Charles A. Wilson, will give an illus- trated lecture on Archaelogy and the Bible. The views ,will include the Pyramids of Egypt, the ruins of Baby lon, the Palace of the Great Sargon Il, king of Assyria, and. the Palace of Shushan, associated with life of Mor- decai and her. They will also in- clude the famous Rosetta Stone with its trilingual inscription which gavc the key to the heiroglyphic language of ancient Egypt, the Moabite Stone and the Tel al Amarna tablets. Ad- mission will be free, and the public is cordially invited. BARNETT WILL Show You and Sell You . $2.50 Pajamas $1.65 Make our store your headquarters for Genuine Ford Parts. 9999-00000 6 : Denver DENVER, Colo., April 28.—Cattle re-| ceipts 1,000; market 10 to 1Sc higher;| beet ateers $6.50@8.00; cows and heif-/ $5.50@6. calves $8.50@11.50. ers BARNETT WILL Show You and Sell You $1 Pare Silk Hose 55c Phone 1203 stock at all times and try to give THE BEST IN SERVICE Genuine F'()RT) Pars YOUR ACCESSORY HOUSE Brodie Rubber Co. ia We carry a complete $90-0040O98-9-4-3-5-O 6¢-2 HH-9-9-94-2-94499-90996 Tribune Bldg. 88990699000$4000000-00000000080800880000080008008$ Is Announced |: New York Stocks /STOGK (SSUES sh 49% 404 : 4 * 474 | Oils Among Favorite Issues in foundry 161 Strong Demand in New — & - seni rid. | York. ermational Cx . 454 . American Loco 2? ae — Ameri On a more moderate volume of op- American Sugar ........ a Ameri 8 eevee sve erations and stiffer money rates the Aanattinn Sane stock market today made irregular re-| American T coveries from the general reaction of American the midweek. Sales approximated 1,- Anaconda 150.000 shares. Atchison Regardless of the 5 per cent money rate, shippings, independent stecis and sugers contributed materially to the higher prices and increased activ- ity of the final hour. The closing was sirong. AtL, Gulf and West Indies Baldwin Locomotive Baltimore and Ohio Bethlehem Steel “ Canadian Pacific Central Leather Chandler Motors Chesapeake and Ohio ... Chicago, Mil, and St. Paul Chicago, R. L. and Pac. . Chino Copper .. Colorado Fuel and Iron Corn Products . Crucible Steel . Erle .. ‘amous Players Las eneral Asphalt ‘ General Electric NEW YORK, April 28.—Covering contributed to the many substantial gains made at the opening of today’s stock market. The rally extended to aimost every group, including invest- ment rails, high class equipments, mo- tors and the independent steels. Un. tof Pacific, General Electric, Stude baker, Midv jated Dry Goods and May Depart. General Motors so Goodrich Co. ... ment Stores gained one to two points. Great Northern pfa Secondary rails were irregular, a one Illinois Central point advance tn New Orleans, Texas Inspiration Copper .. International Harvester Int. Mer Marine pfd, .... International Paper . Invincible Olt ..... Kelly Springfield Tire Kennecott Copper . Louisville and Nashville MexicangFetroieum - and Mexico being offset by selling of Rock Island and some of the other secondary western issues. Bethlehem Steel harencd on maintenance of the regular common dividend and United States Steel threw some of yesterday's heaviness, Dealing in the first hour barely ag- Miami per .. sregated 300,000 shares and trading Middle States Oil. in bonds was correspondingly moder- Midvale Steel ate. Olls assumed a commanding po- sition during the morning, most of the domestic issues, as well a Mexican Petroleum, Pan-American Petroleum and General Asphalt gaining 1 to 3 points. Independent steels scored fur- ther advances and motors and related subsidiaries rose 1 to 3 points. New York, Chicago and St. Louis rose 2% points and mod te strength was shown by St. Paul preferred, Missouri, Kansas and Texas common and prefer- red, Ann Arbor preferred, Chicago and tern Illinois, and Baltimore and Ohio. Before noon realizing sales in Mexican Petroleum, Studebaker, Chandler and Industrial Alcohol re- sulted in reactions averaging one point. Call money opened and renewed into next week at 3% per cent. Absorption of low priced railroads nd renewed buying of popular indus iale caused another sharp upturn in the ‘afternoon, despite firmer money tendencies. New Haven, Pero Mar | quett Iowa Central, St. Louis and San ncisco, and Eastern Illinois prefe York Central, orfolk and W ern, Mexican Petrol- nd’ Vite ites Steel gained 1 points. Missouri Pacific ew York Central ¥., N. H., and Hartford Norfolk and’ Western Northern Pacific Oklahoma Prod and«Re PaGfic Oil Pan American ¥ Pennsylvenia People's Gas Pure troleum Southern Ratiway Standard Oil of N. J. Stwwiebaker Corporation Tennessee Copper ‘ Texas Co. R Texas and Pacif Tobacco Products Transcontinent Union Pacific United Retail U. S$. Ind, Alec a YORK, April 28.—Foreign bar Mexican dollars 51%. Montana Pc Arizona Great Northern Ore —_— ATR SERVICE BUCKS SNOW. April 28.—Thick snow and very poor visibility Wedne day and Thursday failed to halt the) transcontinental air mail on the Wy ming division. Tho mail airplanes were somewhat delayed on both di | but_made their regular tri France de- Belgium de- sermany mand 5.28; cables 5.28% cables 843%. cables 35%, Holland cables 38.10. Norway Sweden demand 25.85. demand 18.78. HIGHER TODAY wt je, Industr®l Alcohol, As- Italy de~ Denmark demand 21.18. demand 1944. Spain demand 15.50. | Greece demand 4.56. Poland demand 02%, CzechoSlovakia demand 1.94. Argentine 36.12. Brazil de mand 13.70, Montreal 93%. firm; electroylytic spot and futures }12%@13, Tin easier; spot and nearby 31.00; lery, spot 5@5.15. Antimony spot 6.25. months bills 2 7-16@2% per cent. Money. NEW YORK, April 28.—Call money strong; high 6; low 3%; ruling rate closing bid 4%; offered at 5. last days 4%; six months 4% @4%. Prime mercantile paper 4% @4% nhasin it~ warann DESCHANEL OF FRANGE DEAD (Continued from Page One) was inevitable. The following Sep- tember, the present sent a letter of | resignation to Premier Millerand, to- gether with a message to the senate and chamber of deputies which were soon followed by the election of his successor. For nearly 45 years M. Deschanel had been in French public ife. He was president of the chamber of dep- uties when elected to the highest post as first citizen of France. Previously he had been head of the French par- Mamentary commission on foreign and colonial affairs, In a speech at Paris the first year of war he declared there could be “no neutrals when civiliza- tion itself is at stake.” Among his Mo RAM RITE ASK FOR IT ots bal and Locations Gaide Oil Experts Oil ela? Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly: Bldg. BARNETT WILL Show You and Sell You $3 Khaki Pants for $1 detail can make it. Money was not before. The Bridgeport Machine BRANCH STORES The Swan Underreamer Factory Experts Have Told Us that the Swan Underreamer factory is the finest of its kind in the world. Certain we are that it is as fine as thoughtful planning and careful attention to ing and arranging it on purpose for the sole jose of building bette: urnderrsamens than were § rr bal ‘A manufacturéd product af any kind can be no better than the knowledge of the men who make it ; and the efficiency of the factory in which iti is manu- factured, and, as experts.have told us— ey | { | THE SWAN UNDERREAMER FACTORY IS THe FINEST OF IT'S KIND IN THE WORLD Underreamer Factory, Marietta, Ohio. General Offices, Augusta, Kansas Tulsa, Kaw, Ranger, Ft. Worth, Ri: Star, B 2, A ae : piste reckenridgé South Bend, eras Shidler, Okla. spared in build- . Company For Friday and Saturday Positively the Greatest Values Ever Offered in Casper. Oh! Yes! Mothers We did not forget Black Sateen, full cut, double pocket Shirts your boys. We are go- A real value at $1.50. ing'to give them a real 5 valuein ~ 9 yc FOR JUST 25¢ MEN’S DRESS CAPS Values up to $1.00. Incidentally, we can About 90 of them. outfit your boy at a big saving. . Not a Cap in the lot lot worth less than $1.50 and some of them run as high as $2.50. Out they go, while they last,-at A sure-enough, good, durable Work Pants Positively worth $2.45 65c $1.25 SECTION E NOTICE TO WATER CONSUMERS The following plan shows the manner in which Out- Door Meter Box should be constructed. WATER COMMISSIONER.