Casper Daily Tribune Newspaper, May 9, 1922, Page 8

Che Casper Daily Cridune ‘LIQUIDATION IN | STOCKS HEAVY FACE EIGHT MARKET GOSolP AND FIELD NEWS MORE WILDCATTING NEAR OGKbE = The Beaver creek valley district near Newcestle, Wyo., will come in for extensive exploration work this spring on the part of companies which have recently obligated themselves to drill through the taking of leases on promising land. The Atlas Oil company, a California concern, is a new entrant into New York Stocks Oil Furnished by Taylor and Clay Field. daily ismuc Quotations on any issue upon request. Write for our Market Letter. Correspondence invited, BEN 0. SMITH & SON BANKERS ~ Members Texas and American Bankers Assec‘ition 302-34 Fort Worth Cicb Bidg. Fort Worth, Texas EAST SALES Allied Chemical & Dye .....—. Allis Chalmers | i | Profits Being Taken on New York Exchange Following arp Advance. il FF i! International Corp Locomotive | i HY NEW YORK, May 9.—The recent liquidating movement in the stock i, {Market made further substantial pro- American DON’T BUY OIL STOCKS ! i i i holdings in sections 5 and 6-45-63. Anaconda 52% |Stess today, rails alone showing oc- } ns the field and will drill on holdings in sections 6 and 6-45-63. a a lelgmnt acer aaeae on j UNTIL YOU KNOW WHAT YOU ARE GETTING section 4-46-63 ., Gulf and West indios -—. 38°*|1,100,000 shuren, Rep-| Baldwin Locomotive . Baltimore und Ohio . Bethlehem Steel “B Canadian Pacific Centrala Leather . Chandler Motors REPORTS Will be giadty furnished on any Company, Syndicate + organiza- tion in which you co: "emplate in- vesting. By availing yourself of this service you can select the best investments on the markot. market letter 116 logis Stout, Skies Brothers Buying of rails, especially New! “A.” Cluet- |iaven, Southern Pacific, Lehigh Wai-|Peabody and United Frit wero among ley and Delaware, Lackawanna and|th® Weakest issues. General Electric 363, | Western lifted the market out of its | *ceptionally advanced 2% and West- 73% |rut temporarily but industrials and |!™#house one point. 85 |specialties again lost ground. The > 26% | cl ott closing was heavy. 27% 9.—Copper 32%| NEW YORK, May 9%—Ofls con-|steady; electrolytic spot and nearby ings in section §-45-63 on which ft will /Jupiter ~ én this spring and the Bacher Oe oe company will operate on sections®1 ot} the same tow. ship and range. ee ene The Carter Oi! company, drilling on |\wike sso x the Mead ranch tn Beaver valley,|Mountain and Gulf. sbhme distance farther from New-/ Northwest castle, Is down 3,600 fect and has not | Outwest WHEAT PRICES. FIRM IN MART May Options Sell at Net Gain of Over One Cent; Others | Unchanged. Metals. NEW YORK, May - Red Bank . | yet got through the Dakota sand, | ed Bank ° 100% | tinued to engross speculative atten-| 13c; later 13c@13%c. which 1s flowing hot sulphur water. | P 68 |tion at the sqmyular 13% . opening of to-| Tin easier; spot and nearby $30.62; dag day's stock market. Gains extending futures $30.75. tig trom large fractions to 2% points in| Iron firm; No. 1 northern $24.00@ 165. Shell Trading, Royzl Dutch, Houston | $26.00; No. 2 northern $23.00@$24.00; 120% |"nd Barnsdall “A” were offset by fur-|No. 2 southern $17.50@$18.00. 40%, ther heaviness in Mexican Petroleum,| Lead steady; spot $5.25@$5.50. 74% Pacific Oil and Standard Oil of Cali. | Zinc quiet; East St. Louis delivery » fornia. The independent steels show- | spot $5.10@$5.15. jed further resistance to selling pres-| Antimony spot $5.25. 2% sure, notably Crucible and Vanadium | national Pa 50% |ANd Laciede Gas featured the firm Firme: Invipetite Of te Utilities. New Haven reacted slightly yoien aes, a Kelly Springfield 51 |from yesterday's record quotation and| NEW YORK. May 9—Great Brit- Kennecott Copper 33% |other rails, especially coalers, were |@!M demand 4.43%; cables 4.44%; 60 Louisville and Nashvi 118% moderately lower. Preliminary ex-|@¥ bills on banks 4.41%. France de Mexican Petroleum 170% change rates on Lanion and the lead. mand 9.10; cables 9.10%. Italy de- 28% If tinarital moder.|™mand 5.30%. Belgium 8.28%; cables 14% ae Sanove yeatetay it ae nee | 8.29. Germany demand 34%; cables soit | tions: wag og Holland demand 38.42; cables 89% | ‘Trading Gucng the first two hours| 38-45. Nonray demand 18,73. “Sweden 30. (livug grialler than taeeeceEnt jdemand 25.75. Denmark demand 21.20. 106% | a | Switzerland demand 19.28. Spain de ae Secs inst March. | Commission houses! an 1K60., Crosse Secaand 6.50... ct- Oklahoma Prod. and Ret. > 3% |TsPorted = Seneral slackening of pub-| iia gemand .02%. CzechoSlavakia Pacific Oil 65 | lc interest. Offerings of ofls and mo-| 400 Sa" 91 aeppitiia clansarrt a56 n Americ 63% |tors extenced to shippings, tobaccos omy mand 14.00 “98 9.16. Peaneyions 41%, and numerous unclassified specialties, 27! demi ‘agar : People’s Gas . 86% | where reactions ran from 1 to 2 points. | Pure Oil 33% |The decline was temporarily halted on! London Metals. Asphait Blectric D. W. YOUNG & CO. for Investment Brokers Information Exchange Bidg., Fort Worth, Texas FREE FOR THREE. MONTHS Texas Oil Bulletin Issued weekly and edited by off and financial experts. Co: the whole field of development of the amazingly rich ol] fields ot Texas. Very extraordinary events aro forecasted for the coming few weeks. To introduce this publication, we will mail the T. = Bulletin to you for three months Absolutely Frea Write for ny. Gilbert Johnson & Company For 12 Years Oil Operators and Brokers, 1620 Waggoner Bldg. Fort Worth, Texas is being continued to the Lakota sand.|Sunset .... = Recent developments in the Osage Tom Bell Royalty district include the completion of a woe ae all shallow, well by Lathrop and) United Pas “4 on section 31-47-63, where the |wyo Kans Muddy sand was found at 492 foet.| Wyo Tex Twelve feet of sand has been pene-| Western Oil Fisids trated. | Western tSates The Southwest Development own-|¥ Oil -.------- pany has taken a contract to drM™ etx) NEW YORK CURDS CLOSING deep wells on holdings of a Seattle) ssountain Producers.$ 16.25 $ CHICAGO, May 9.—Wheat took a moderate upward swing in value today | Son soon after the opening, which was of am hesitating trregular sort. The ad- ‘yance was ascribed chiefly to absence ot any notable pressure to sell Be sides, new deltveries on May contracts Were only moderate, 111,000 bushels.) ‘Teday's receipts here, Sagitty were | syndicat section 31-46-63. estimated at 350 carloads. ie open. © Noco Production com ts ing. which varied from %e decline roy sce to’ encarta Sreacneacgl %4c_ advance, with May $1.36% t0/ of its lease in section 18-46-63, where $1.STK and July $1.22% to $124, was|< won aireudy fms boon opened fm the|Prod. and Retra, .-— foMowed by an upturn all around to deep sand Marine . well above yesterday's finish. American Of Field Workers’ cor-| Mutual |; 4 Subsequently, there was consider-j |S. O. Indiana’: > 104,50 poration is rising up to retime| Cities Service Com. -. 236.00 able evening up trade to prepare for 108 work at 2,200 feet on its test in the the government crop report this af-| 0°" \ LIBERTI SOND Crook's Gap field of the Red Desert ternoon. There also was some buying = 5S g 030 3 country, Carbon county, Wyo. Work) ry ot May wheat for millers who were| was suspended last year with ths ad |! * $83 moving hedges. ‘Talk was current) cent of winzer weather. goo, of more than 1,000,000 bushels | Mer Marine pfd. Norfolk and Western . Northern Pacific 47-PCT. PAID IN CASH DIVIDENDS TO DATE of Canadian wheat having been taken eS Third 4\s 2 99.70| Ray Consolidated Copper 16% | buying of Crucible, Ball ard copper Panorama } Springs Dev ent. d : i = 0 e, Ba?2win and Van-| LONDON, May 9.—Standard copper for,Burope. ‘The close was unsettied,| O'Brien Springs Developm: Fourth 4%s 99.70 eee 77% |adium, together with #, sha:p rally in| 60,7s paid; electrolytic 65. Tin 148,175, of Mexia %0 net lower to like advance, with; Ohio Of! company has started work! Victory 4% May $1.37% to $1.38 and July $1.23%|on its well No. 2 in the O'Brien! to $1.23 % Springs field, Carbon county, Wyo.,| Mexican Petroleum. Associated Oll,| paid; lead 24,10; Zine 27,5. : Large photograph showing Mexia’s Great Of] Field mailed on re. rs Roebuck . qu Limited Number Printed. Brand New. inclair Con Oll Corn showed comparative weakness, owing more or Jess to liberal receipts uthern Railway . ND here, 380 carloads. After opening|tion 2-24-87 at 3,600 feet. Develop-! Seieioet: ng nee SE: pee eee oe TREES S05, OS unchanged to %c lower, July 64% to| ment of large gas production in this Studebaker Corporation . THIS RS, T; 64%c the ket underwent a slight/field would obviate the necessity of|Grass Creek ....-...... Tennessee Copper * 7 TODAY ie a ae wee ee eens general declint. connecting Rawlins with the Mahoney |Elk Basin ...... Texas Co. .-. There is a bushing at every wearing Winans coe Crowded condition of elevators here| dome field when the Ohio fulffils its|Lance Texas and Pacific 4 Jed to curtailment of local buying of = 7 k River Transcontinental Oil corn. Sales of 500,000 bushels to sea-|ural gas. Eleven miles of pipe world | oot Union Pacific = 340 O11 Operntors Bldg. Fort Worth, poart-exporters failed to act as a|be myved ris wok United ‘Retail Siaces These bushings take the wear. They are Texas stimul The close was heavy, %c to ed Mule Creek U. 8. Ind Alcohol %c net lower, with July 63%c to 6ic. Oat# started % to ic lower with corn, July 39%o but rallied a trifle. Firmness of the hig market tended to give strength to provisions Closing Quotations. Open. High. Low. Close. where a heayy gas flow was encount-| ered last year on its No. 1 well in sec-/ centract to supply that point with nat Lander To Get Gas Supply. . Iander, Wyo., reports quote R. EB. that the company will extend its gas service Ines from Riverton to Lander! this summer, the work to commence} as soon as President Kistler returns| from New York. The gas will be de-/ outhern Pacific Tobacco Products point in the Pierce-Arrow mechanism. OIL IN WILDGAT WELL United States Rubber . United States Steel . Ut Cc Wertz, superintendent for the Produc- Wroatinetinn music ers & Refiners’ corporation, as stating Willys Overland - American Zinc, 7 Butte and Superior .. ja. Ketroleum tana Power hattuck Arizona . reat Northern Ore ments. Check this “parts insurance” saving costly replace- truck you think of buying. vital item in the PARAMOUNT ROYALTY SYNDICATE ABSOLUTELY FREE CURTIS BROKERAGE COMPANY (incorporated) —- request brings beresAde A to you our weekly Stati: il Market Letter and feature services— Dan Waggoner Bldg. Box 1023 Fort Worth, Texas = 1.36% 1.39% 1.36%) 1.37% | rived from the Sand Draw field, which r ; ‘The Western States Of and Land | WRITE xas I 123% 124% 1.28% 1.23% lies Riverton with gas. 5 5 Oil Ne pase aien 11K 1s) Pees GERRI oe ee Harding Going 1 é I ¢ € os oO | aves Texas OF REPO! Now Test for Old Structure. snccesoneo eae Teed) Do) Sl aw! that areas May - - - -61% 81% .60% 60%! Another test of the Eight Mlle Lake] onattare this mening The wenn ToC t Lat duced “during 1921 over 100 = 65% C4% 63% .63%| structure in Carbon county, Wy0u ia] Cyantered nacht they of at Cee 0 Coas ate lion dollars worth of oil? If Sept. - - — -66% 66% .66 ®5 Ito be undertaken this year by a Raw-| foot m the teat, the high gravity of .: I R U CKS own stock in any Texas Oil C ,|lins syndicate in which Attorney > pany Or are interested in Te = 25% 3TH 16% 36K | EMGSnnetd, Con” Wataon and F. Hains over $00 feet in the bole with] . This Summer oll ‘production ‘write for mY y- - - 28% IM AO “gong |Hatficla aro interested, and which| ‘The strike is thought to have been ee OF Tapeeeeae Gite meee al pt. - - - 40% . = Gives \bedings in) pecesceme 2. 2 42nd) made above the Wilcox off sand which] WASHINGTON, May 9—President THE KUMPF MOTOR CAR CO. companies having producing wn . The test will was tho object of the test. Drilling}Harding told Eric V. Hanser and lowstone Cas; home offico, 7225 [on section 3. The structure was first|will be resumed | . ¥ a 454 East Yell Ave., Casper, Wyo. o today with very a delegation from Portland, Ore., Kansas have announced that payment 2 Denver Colorado Springs drilled by the Utah Of & Refining | bright outlook for a new field. he would be unable to enne received from this. ofl. —— 1.60 1147 11.47 accept an inv! 2 Smear ats Tiss ings [company in 1913, by the Armstrong a ee tation to visit the Portland rows testi-| i report should be 1g the hand 77 interests in 1914 and Wy the American | "Jewelry and watcn repiarmg ty ex:| val on June 9, but hoped to visit the| |i] 2-tom $3200 _34-ton $4350 5-ton $4850 fully equipped || | fexen of. Tt you we Jul — 1.72 1.65 11.72 |O!l company tn 1915 with developing| pert “workmen. All work guaranteed|Oregon city later in the summer ————————— eta dab * “Qildom’s Greatest you want to Age -- 2 11.75 |commercial production. Heavy £a5|Casper Jewelry Mfg. Co, 0.8 Bldg.|should he be able to carry out his ——— — - — N per” at a Pressure was encountered by the Am- 25-0 | plans to make a trip to Alaska. — = i aa jewspal erican company. ———- en = ~ 7 Butter, Eggs, Poultry. 7 ° e e * 5 ——— $2000 Absolutely independent and re- CHICAGO, May 9.—Butter higher; | Standard Dividend. 3 ro Hable All, oC. ithe ain t oll Pe seria ge creamery «xtras 35¢; firsts 3le @ 34c;} weODESHA, Kan., May 9—The dl-'& é 4 news of Texas and other fields. caytan 6 Der ‘cent monthiy 7 ecconds 2%¢ @ 29c; standards 34%c. | actors of the Standard Of company of © eed ts ‘ ax ate @ 296; standarde 4c. | actors ofthe uy Mason £ tres Now Welte tor a tree mamsle copy. | | Send Pein operated ‘by Poultry alive lower; fowls 24c brofl ers 38c@45c; roosters, 15e. 3 ACCOUNTANTS Timm iGaie calEc — ames ell Op Derrick Review On | Not only lower than other stan- GpARANTIEE jumcisrmy gonr. | P! Glass Wont er Our Priom re 4 dard tires, but superior in qual-° SS oe Livestock Mart || 1921 Work Is Issued ity, uniformity, and depend. eit i Exchange Bus Phone 60 DOCTORS A SAFE 'NVESTMENT The Of City Derrick's annual review : 2 414-15 Midwest Ref. Bldg. Phone 289 Residence 164 Omaha Quotations. stea| 9f off flelds for the year 1981 hes been | And backed by a guarantee Anita: oWinancsel ris and |Private Hospital—612 South Durbin || _ ine eg fke Setins 50.000 shares of stock, par value $1.00 and buy OMATIA, Neb... May | 9.—(Onited| completed and copies o fthe valuable| Asatyaee. acne te ee HOUSE MOVERS __ “a Tn ach well We mor ee eng Wells, for from States Bureau of Markets)——Hogs re- redecet Ba sg . = wells. If any of the wells come in dry, Bette Sound’ butchers sio.se@ {Frank B. ‘Taylor, district correspon- This means protection until the ARCHITECTS 1107 WHAAM NIEDEROUER put i¢ in another well. How can you loser” St Cur Pipe back an 10.45; top $10.50; bulk 260 to 325 paund| (ont of the publication. peste tire actually wears out. a are eee eh ae Phone 260 Write for full information. butchers $10.15@10.20; packing grades|°l7®, hamphiet, a DUBOIS & GEODRICH, Architects LA $9.00@10.00. stati teal zeuses of) the petrounun 20 Buying Masons now is buying Rooms 11-12 Townsend Block WYERS Cattle receipts 9,000. ight and medi- um weights beef steers stendy to eas- ier; others about 10c liwer; top light top heavies $8.60; she| | B of. Liar 1162 HAGENS stock, bulis afd veals fully steady;|S00ws that tho oil industry hit rock ° |415 Oi Exchange Bildg. Phone & MURANE ee asi tecdone: peta d *|bottom and is rapidly readjusting it-| : AWNIN raien ett stocker 8 y q 1 Gheep receipts. 8600, lambe stendy| et, Probably quicker than any other Ss peer ctatee Bousins |! 10 Acres Free to to 25c higher; bulk wooled lambs $14.60| “75 zak fy Kistler Tent and Awning Co. BULLACK AND LACY ° SRS acy basa "| ‘The pamphlet contains complete pro- % 5 idea Beas 95-005, top $15.25; native end Cal action!" developiont ‘and’ retaery| : - at Sires. Lanontn 86. Ehope 237 Widest Si ped lambs $14.15; sheep and feeders eee |and has complete and concise informa- SEE BEN TRANSFER Attorney-atLaw = * Year. 5 Chicago Prices. tion covering Mexican operations. __| Baggage, Heavy Haoling BE od Viano| _ Suites 14-15-16, Townsend Block On the same drilling tract with CHICAGO, May 9—(United States| eS eS et | T b d e Ghevter, Phstie 942. Ni the Ben ©. Smith well that is near. aed Bureau of Markets).—Cattle receipts; | = = : ing the pay, and conceded by oil a a ier ube and Tire Co. wari weaNepae ——_|—aoeaprme eee | in Bs SUSacca ay ot NEW . May 9. moncy | Baggage, Movi \d Storage. ‘s a sul and are giving FREE i Sea a Bre res re Aaa ht 156 East Second St. Phone 1152M Movable’ We Move ii sro Sade Treee—S. H. Pantemney. || 2 2-2500th interest with cuich new Dulls weak. veal| Closing bid 344; offered at 4: last loan| 3 Phone 1427. South Park Phone subscription. calves slow stockers and feeders strong to higher. Bogs recetpts 000; fairly active. in your $2 bill and receive the lUght and light butchers practically, °-"tile Paper 4% @4%. ae re steady with Monday's best lights 3 BEAEDING Suite 6 Tribune Apartments Phone 333|| year and your Interest Free, °"” others about steady with the average; | METAL WEATHER STRIPS It's free—you risk nothing—you top $10.95; bulk $10.25@10.90. pig | | A. Larson. Phone 4945 RET. LOWADE receive every week for a year a Say yan FOR RENT i ES eeSeieme Pounders $10.25@10.50. 6,00 steady to ice handy shorn lambs jc higher at $14.25; 10 loads good and cheice California spring lambs $15.50 with 300 out at $12.50. fat shorn ewes mostly $5.50@7.50. Sheep receipts Denver Prices. DENVER, Colo, Fay 9.—Cattle re- 4 3 °§ DE $ ME. HARNED, Chiropractor NATRONA RADIATOR SHOP. Attached find $2 ceipts 1,400; market steady; beef stec: 4 orth Kimball Recoring Cars Washed Ind $2 which please send $650@1.00; cown and helfers $4750 $ PHONE 1604.3 160 Mone st East Ycllowntono Avenue’ ||| me, Te, TEXAS OTL, sega 7.50; calves $8.00@11.00; bulls $3.00@ $ } Phone 1473W one year. Also send mo FREE, a 426. steckere-ad testers $6.00@7.50. SWAN $ * DE. C. ween eaitie ROOF CONTRACTING OIL HBRALD TpAst case logs recet; 2,200; market stead, 2 j top $19.50; bul $8.85@10.00. $ As i sia Name -.;...--... ie UNDERREAMER ff i for MeRran or ‘Archer EE REGS |Comernl Heoting: Contracts 417 W. tee lower: Jammks $13.75@14.75. owes 3 DR. LE. BEEQUIST ing and Recoating = So ; T. Waggoner 57.58.50 , } 3 Bids. Phone 1757| 527 Kast Swifts ae ae oe BOO9OD4O8DS9ONE 29 SOODGGE IIE AED DIDO pamphlet have been received here by dustry is a valuable addition to an of] man‘s outfit. It is of singular tmportance that the statistics compiled by The Derrick growth information. It follows the de-| velopments of the great southern fields |4; call loans against acceptances 3%; jtime loans steady: 60 days 4%; 90 s 4%4. six months 4%; prime mer. profitable investinent as Masons at our prices, ability. which knows no mileage limit. tires right. With this goes a standard of setvice we're proud Wyoming Compression In Ideal Location ARKEON BLDG. WYOMING AUDIT COMPANY Accounting Casper, Wyo. Phone 440 GARBUTT, WEIDNER & SWEENEY BAGGAGE and TRANSFER Res. Phone 87W Office Phone 701W CHIROPRACTORS Suite 2, Townsend Block Phones. Office 423, Res. 1235 POLLOHO SSO POPSO OSH OS SH SO ODPOS LIPO PO POP OPO OLOOOOOD MARSHALL ©. KET Otfice Phone 30 Eee NICHOLS & STIRRETT lawyers + 309-10-11 Oil Exchange Bldg. DE. CAROLINE 6. DAVIS Room 5-7 Wood Bik. Phone 12773 DR. 0. A. SANFORD Midwest Bidz. ? ee 1030 —__—_____ Phone 1639 RADIATOR REPAIRING CASPER AUTO RADIATOR WORKS 434 W. Yellowstone Phone 11 ——— CLEANING AND PRESSING) 7 the best known and most suce} © @24%c; Sonia ee of the xegalar ‘quarterly idtvidend of & AUDITORS CONTRACTORS No obligation. ful operators in Texas. Write ; miscellaneous 23%¢ 24c;/ three dollars a share would be made 4: = REIMERTH & VAN DENEERG day for copies while packed gextras 26%¢ @ 26%:| june 18 to stockholders of record at Never in tire history such a parcel srr agg RRO LN Sh ae THE OIL GAZETTE last. orage packed firsts 25% @ 26. the close of business May 31. 4th Floor 0-S Bldg. Phone 767; oe. SCHIMMEL Fort Worth, Texas, Suite 148, Neil P. Anderson Bh” 15 CHANCES TO WIN % interest in gach well. We now have an interest in six drillii Casing Contracting Company 8I6 Dan Waggoner Bldg. Fort Worth, 1-1500th Interest With Year’s Subscription at $2.00 "Pee Elwell Agency ly 400°interests still available. Send t! keep you correctly informal on the development industrially, cially and argirculturally, as well £5 Gonest oll news, direct ‘from the CUT ME OUT AND MAIL '5-9-23 R S, A NATIONAL RECOG)*! NIZED AGENCY |*~ FORT WORTH,