Casper Daily Tribune Newspaper, June 5, 1922, Page 6

= st SURES IE gt LTR Se ae ee PAGE SIX MARKET GOSSIP AND FIELD NEWS P. A PLAN BIG FIELD PROGRAM ™ MONDAY, JUNE 5, 1922 : be Casper Nally Cridune STEEL GLINBS TO NEW HIGH G. i Price, City This meeting was called for the ;purpose of, considering bids \sidewalk cohstruction submitted = ‘May 29th. Giblin, W. W. Keefe, John |Sones, John 5. |Whisenhunt, H. {Cle Furnished by the John U. Fish Sa 4 i Corporation, Cheyenne, Wyo., New York Stocks BOND SECURITIES Quotations Securities Associated Press Leased Wire, LAST SALES. Allied Chemical & Dye . 69% | Big Indian “Rey ——=— >! Moved by John J. Hancock, sec. Allis Chalmers ...... 50% | Boston Wyoming . jonded by John S. Pettingill that ai American Beet 47 | Buck Creek: - E - STANDARD BONDS barren ae Jt = “ jurke 2 Ps h jAmertean Can 50% I Biack Tair. 2 General List Shows Losses in Securities— Bid Asked rte tacores Tare a a merican Car & Foundry 108%, | Blackstone Sait Creek. “3 Face of Increase in Major / Anglo Am., 7%s, 1 293% | carried. rot Drilling program calling tor the sinking of 17 new wells {erst inten, 1% Bl onene Issue jut |. Moved by J. J. Giblin, seconded is announced by the Producers and Refiners’ corporation for: Locomotive... oa ereey — [Be 2th pees io rene pe Mayer be 4 ., ages ac : 7 i Pe 2g | a ri en! 4 the Ferr J field, Carbon county, Wyo., where an important aa 2 Bete Cow Gulch y YORK; June’ Bc-Untied srtrd prrsasge ery the United ete strike was recently made at a comparatively shallow depth. Sumatra’ Tobacco : ‘States Stecl later made a new high 108 lernment for the purchase of Lots Six new strings of tools have been purchased by the com- T. and T. dex: '(he. cuarcemt;shcvenseut) calito "tbs! [Brit 383% |14 and 15, Block 4,ein the City of pany and all will be placed at work immediately on the east- an but the general list showed further AS |Can. Pac. Ry Deb. St. 7 psec Heya yp ory to be a, the dome where the strike| ‘Anaconda Copper losses. The closing was irregular. T ty-th Mil of Pi on ‘oll call all voting a th: . , Ath Chane aul Payee nee = wanttek Free offerings, mainly of oils,| 1wenty-tnree Miles De chile, Sa 1981 feed Atl +} Strung, Ditcher Unloaded Here Today Southwest Still Fishing. Southwest Petroleum 3 Coastat : Kinney Coastal Lance Creek teels and rails, mor. than offset the ullish operations of pools in today’s stock market, despite easier money » Locomotive imore and Ohio well Bethlehem Steel “B” aint declared said motion duly ca > There being no further business Coal, 5s, company still fishing for tools in its test WHEAT CLOSING . a to come before this meeting, sa: near Saratoga, in southers "Wyeming.| Canadian Pacific Tusk Bavatty rat Bales approvinstted 1A)! ee wasadjouthed: S> same c . : - 4 Vestern Pipe ~ RT where they were lost several weeks] Chander Motors Northwest a a has completed the stringing of 23|Cuban Tel..” 7% W. A. BLACKMORE, ago when the casing parted. The cas-|‘. : Mike Henry . = Czechoslovak, §s, 5 ing has ull been recovered from the| Chesapeake and Oh Mountain & Gulf”. NEW YORK, Juno 5.—Although|miles of eight-inch pipe out of Cas-|Pzechoslovak. Ss, 1951 Attest: hs ing | Chic Mal, end St. Dutwaee base developments over the week-end were| per toward Salt Creek and has besun| 1.1" ana Hud., $% 100% H. H. PRICE, = ij 4 Cainer Goppert-tecesrest ss Red Bank mainly favomble to the bull sccount,| the laying of sicinch pipe form there) Denmark, 6s, 1942 . 9. ** City Clerk. hte. > Copper ....-..5 % sma naif e yed in Cas- ich = : , aes saci Orobe te wie | rig ooXperts a Five Tribes ‘Pet. ‘Co. - prices at the opening of today’s stock|on. ‘The dftcher has arrived in Cas-/ Denmark, § as: 10° 111 Publish June 5, 1922. Last Prices Higher Than| Midwest interests have started the)‘ Products rachis d market were extremely irregular.|per and is being unload y at| DuPont, ‘7448, 1931 3.2.2 107% 108% = g Se ied érection.of a) rig for the fret teat’ oni le Steel Riverton es prominent in the three. com-|the Northwestern tracks near the|Framerican, 7%s, 1942 .. 99 COUNCIL PROCEEDIN: Opening But Heavy Sell- the nie beet pate oa on Roya any steel merger were under further] West Casper stockyards. J. C. Lind- vreuch Go 104 GS. ing Is Reported castle, noctbeatea Whekiee ie rem pressure, Republic Iron and Steel soon| say, chief engineer for the company} French Go eee Casper, Wyomin: a cation being on section 16-44-62. Goteer Western E: declining one and one-half points, with| states that screwing of pipe will be' Gt or 109% May 29 1922 at a 1 2 h rind . fractions or Midvale 8! started Wednesday and that ditching; tock Valley i i . Lk laa ot CHICAGO, June 5 weather] The Midwest and Gulf corporation| General Motors Wind Tuyer Domestia’ clk Aba: SasgEnligto sast| Oht relies cot that onetatioas | Heck: “Valley, 6s 1005 | The City Council of the City of ( for ihe ripening of h st fields in} also are making Pe aane a oR al b Se >Kans .. ek's gains, but Mexican and Eur J. J. Mahoney and son have | 3 77% [Per met in adjourned session, pur- the southwest led to general selling of | SIM. Operations on section 86-45 2 é = eas, . 5M ih ATE eer ? Abe Hs j 5 the southwest 1 AS Se cari?’ pert | hobdings ‘taken over somite. Nee| Nlinéle’ Ceotral heh ota hoe e hesitant. Dupont was | contract for the ditching and have ar-| Jap $11, isuant to adjournment of May 16th, Ins | Internation Fletcher Bros. are spudding in the|{?t. Mer Ma first of six weels to bo drilled this!invincible Oil. year on section 25-46-63 of the Osage! Kelly Springfield Tire”. field. Kennecott Copper piration oCpper 1 company in the Newcastle-Osage dis trict. the hoard of trad: with= which whes has accumt lated in Chicago was moving out, tend- od likewise to depress ues, and s0 did deliveries h@&e thi: 130,000 bushels of wheat on June con sensational fe among . its initial quotation adding 9% points to last week's gain of al most 25 points. National Biscuit and UnRed States Rubber weer responsive to favorable statements of earnings. ture in the Council Chamber in the City Hall, wih Mayor W. A. Blackmore presiding. On roll call the following were *|present: John J. Hancock, J. J. Gib- lin, John G. Jones, John S. Pettin- rived in town, as also has the super- intendent, whose name has not been announced. U. S. Morris will be em- ployed by the Western Pipe Line| company as superintendent for pipe} line construction. Siowness * andes Mountain Merritt Glenrock 4 "Salt Creek Prd on at f In the foreign exchange market early! Mr. Lindsay, under whose supervi-|Pen. R. R., 7s, 1930 . gill, J. M. Whisenhunt, H. H. Price, tracts. Buyers were few until de4 en Louesville and Nashville Salt Creek Con: Pen. R. R., 6% 9 City Clerk 3 J § uotations for demand bills on Lon-|sion the entire operations are going| Pen. R. R.. 6%s, 1936 .- ity Clerk. clines in prices tempsed bears to take Ohio Spndding In Well. | _ Petroleum Prod and Refrs. . + nas cary ose .| Paris, LM R. R., 6s, 1958 r - Sacre o Goenine which, raxeed|. he Oblo Ol company hagigis4dea | Matra (Gopner 2 Stan lon ‘rose to the new high record of|on, states that no terminus in Cas-| Nose Moved by John J. Hancock, sec Queensland, 7s, Queensland, 6s, 194 |Siene. 7s, i942 Sin. Crude Oi its rig to a new location on section) Middle States Oil 32-36-65 of the Lance Creek field at.| Midvale Steet Missouri Pacific ter getting a crooked hole in apudding| New York) centeal in. Drilling will start this week. N. Y., N. H., and Ha Drilling of another well on section! Norfolk and Western from %to 2%c lower with June $1.13% to $1.14 and September $1.12% to $1.14%4, was follow-* by moderate ad. ditional setbicke A house which took in a great deal 4.48%. Movements of oils, prominent indus. rials and rails became more conflict ng during the morning. Leaders of hose issues registered mixed gains onded by John G. Jones that Section 13, Ordinance No. 262-A_ pertaining to.dance halls be amended to read Fourteen years instead of Eighteen Mutual S. O. Indiana Citles Service Com, .. 2 nsland per hag been definitely decided on for the olf which {s transferred from the field, The company is @ public utili- ties corporation and for that reason the price for trangportation of ofl LIBERT ¥ BONDs. years. of wheat on May contracts was con-| 4-35-65 has also been authorized by! Northern Pacific = ind losses of 1 to 3 points. Tobaccos|through the company’s lines will be ‘On roll call all voting aye, the spicuous on: the selling side of the| the seme compan Oklahoma Prod and Ref. and merchandising shares were equal jup to the state railroad commission. | § Mayor declared said motion duly car. —— e Ol Slev: — HIRE ; ly unsettled. Rubber, textile and food on ~ ied. beneke The cio: gee st erry erican ePtroleum .. Oe asia specialties improved on pool opera Pie \\ Tas ted Moved by John M._Whisenhunt, ‘ rang “ue tereees Third 48 tons. ad vas included & * = 96 | seconde John-J. eh Tie pintabedandics Spt cand pea eae fis uesyy seus oH i ce AasrOe |By itis, ‘e XC ange P. Tel & Tel 24% the petition, filed by eeccee. ot Sorn and oats reflected the weak- | Ray plida pper .. wid % 5 h nes: cad meres pont cancelled the grea part of its R I | FS ae ae grade on Industrial Avenue be !rid noes iC wheat and oats tonched.the | Reagee ice Bin tekn ese pean ooasees ates (Increase) soeaacerss ae eae Roe ae te McBee See es Koy: mon and preferred again represented : |. On roll call all voting aye, the |Mayor declared said motion duly carried. Moved by J. J. Giblin, seconded (Continued on Page Seven) Sears Sinclair Con. | Southern Pac ‘Southern Ra andard Oil of N. J. udebaker Corporation nnessee Copper Co. 4 and Pacific !Tobacco Products Transcontinental Oil Union Pacific 5 United Retail Stores T. S. Ind. Alcohol United States Rubber the strong rails with Canadian Pacific and Delaware and Hudson, but trans- portations as a clss wepe lower. Call money opened at 4% per cent, easing to 4% per cent, however, before noon. Persistent selling of Mexican Petro- leum, Baldwin, Studebaker and the in- dependent steels offset the beneficial effects of the further reduction in call money rates to 3% per cent, and al- though bullish efforts presided in a handful of stocks, the main tendency was downward in the early afternoon. 60%c, the corn market continued to descend. Export ‘inquiry was slack. The Clore was steady, %e to %ec net lower, July 60% @60%. Oats started % to %c down, July 36% to 36% to 37% and later under. went a further sag. Notwithstanding higher quotations on hogs, the provision market declin- ed with grain. NEW YORK, June 5.—The further rise of British exchange in this mar- ket today overshadowed all othe fi- nancial developments in point of im- portance. Demand bills on London rose during the morning to $4.50%, a gain of 2% cents over last week's fin- al price and the highest quotation since 1919. The fact that other Europeon ex changes were barely steady tended to male the guin in British remittances Casper, Wyoming, May 31, 1922 The City Council of the City of Casper met in adjourned session, pursuant to adjournment of May | 29th, in the Council Chamber in the City Hall, with Mayor W. A. Black- more presiding. On roll call the following were resent, John _J. k, J. J Grass Creek |Eik Basin Lance Creek seeee Hamilton Dome -....- 42% | Rock River S2¥| Salt Creek ‘6 | Bie Muddy }i2t| Mule Creek eyerereyererey-} Sss3ssss I LIMELIGHT Four Test Wells Drilling and Others Projected in Pros- pective Field — Wedding announcements at The Mills Co., 240 E. Second. 6-52 a One thousand yards of thread are required to make a handkerchief of erage size. ao Metals, NEW YORK, June First complétions are due this sea- son of test wells etarted in 1921 in| the Baxter Basin field near Rock! Closing Quotations. 5.—Copper e > y Observers of ah Springs, Wyo., a structure which is| United States § 193%, |Yirm; electrolytic spot and futures] Mexican Petroleum extended its loss| especially noteworthy Seer “% # 31, | the sabject of a flattering report by|Utah Copper . \13 7-8@14. Tin firm; spot and nearby|to 4%. Postum Cereal and National] international financial conditions were July -- 113% $1.16% 113K, 113% | covernment geologists. ‘The stracture| Weatinghouse. Hlectric™ J 62% /32.25; futures 32@32 Iron steady; | Enamelling broke 3%, Rcrublic Steel] more inclined today to attribute the , ey 1° 5 De a Tae Tis 122% 113% | as defined in a latest bulletin of the! Willys Overland ............ ‘7a!No. 1 northern 24@26; No. 2 north-|2%c, and California Petroleum 2%e.| strength of British exchange to the re- bd ul g ateria 117% 115% 1.16%.) government embraces more acreage; American Zinc, Load and Sm. 19%B/er, osgpe24:; No. 2 southern 18@19.] Meantime Reynolds Spring was mark-|cent reduction in that country's in- 2 than the Salt Creek field in central Butte and Superior 32 , Lead steady; spot 5.65@6. Zinc quict;/ed up 3%c, Lake Erie and Western|come tax rates This action by the bet J hg rin Wyoming and operations there will be| Cala. Petroleum §8%/sast St. Louis spot and nearby de-|2t%c, the preferred and Consolidated| British government is said to have 3 . , “| watched with keen interest by ofl men] Montar> Power i ‘Antimony spot’ 5.37@ and New York, Chicago and] stimulated England's foreign trade, 4 z aN ima AM 2h eg! aces ; Shattuack Arison a aa eeoterad tite ally with tha Uniisd State We are equipped with the siork to supply , A summary of operations to date Bsave i anit 26% | ahows that the Midwest well, which your wants in high grade lumber and build- aie =, | is drilling at 1,800 feet, is the deepest 4 3 A 40% 40% | hole in the field. The location is on ers’ supplies. Rig timbers a specialty. section 1117-104 and another rig has' aon ane tee 1E37 | been erected on section 36. | F . RIBBS— id _ z The Ohio company {s fishing for! ° ron 12.00 12.12 | tools lort at 1,200 fect in its test in . Sept. __ 11.35 11.97 | the southern part of the field and e % — ! drilling will bo resumed as soon as A ch P as Butt a they are recovered. - ‘ _ : Bese. On section 24-17-104 the Montacal Oil CHICAGO, June 5.—Butter higher; creamery extras 35%%c. firsts 31%@ 34%c; seconds 260@30%c; standards 36c. Eges—Higher; receipts 36,407 cases; firsts 23@23%$c; ordinary firsts 21% @22c. miscellaneous 22% @22%c; stor- age packed extras 25@25%c; storage packed firsts 24% c. ests are also putting up rigs on sec- 5 *. 5 ACCOUNTANTS CHIROPODISTS Livestock Maret |} 0s 368 ana 10.1796 and two or size “Usco” created Ow serving their owners GUARANTEE REGISTRY CORP. more are expected to start drilling * so well remind vou of this— tants—Stock” f a sensa- : Auditors and Accoun’ toc within the month. something fe) Z Registrar and Transfer Agents q : GHICAGO, June 5. (United States] tests under way, the activities of bis i “Usco,” it has got to WYOMING AUDIT COMPANY & Z BBureau of Mhrkets)—Cattle—Re- aie conalaaren blak Naturally, the first im- Z 414-15 Midwest Ref. Bldg. Phone 289 celpte 17,000; active; beet steers 15 to| Cparaty® being cons! ishly sig- al ‘y, the deliver big value be- Audits, Financial Reports and DR. E .. wADGER . 26c higher; early top beef steers Eee ee pulsive remark was on the i has al ‘Analyses, Income: fax Hervice and Podlatriat-Chiropodist $9.50; weight 1,159 pounds. bulk beef vA oes cause it has always GeurAl EA opmany Ee 1 Suite 9 Smith Blds. steers $3.25@$8.90; better grades beet ‘wonderful price. done so. AUDITORS 131 East Second Street scr eat det sau Sees FIVE TRIBES ORILLINE other grades:and canners and cutters! Even more to the point REIMERTH & VAN DENBERG ' and veal calyes strong; bulls 10 to 25c th Fenda Accountants—income Tax. Service DOCTORS up; stockers strong to lc higher are the comments o Ye ith Floor 0-S Bldg. Phone 767 = bulk fat he stock $5.75@$7.55. bulk bo- le A . ARCHITECTS nae ce pone ae logna bulls $4.15@$4.35; bulk vealers| + People are getting more Private Hospital sts Saath Durbin pe ees nace art tapers es used to the $10.90 price— * — Hogs—Receipts 00; opened 3 strong to 10c higher than Saturday's average; later 10 to 15c higher; spots 5 5 NEIDERO A rhisis thay agit Pete moses eas be a cause for-wonder, . GARBUTT, WEIDNEE & SWEENBY | 197 Svat oe Phone 260 tical top $10. bulk $10.10@$10.75; Five Tribes Petroleum company, pigs 15 to 25c higher; mostly $9 $10. packing sows strong to higher. heavy weight medium weight $10.45@$10.75; light weight $10.70@$10.80; light light $10.35 @$10.75; packing sows, smooth $9.25@ $9.60; packing sows, rough $9.00@ $9.35; killing pigs $9.50@$10.45. 10¢ $10.30@ $10.50; Sheep—Receipts 23,000. sprit Bagga: ae Haale Bnd Pia: HAGENS & MURANE 8 23,000. ns | feet. leavy Hauling no q lambs steady to 25c lower; enll native| “sy; Rint tarticinis OF the conn? United States Tires F°Moving. Phone 74d Lawyers parece ar ie os 206-207 Oi Exch Buildin, 50c lower; other classes mostly|/neny and drillers are highly encour- are Good Tires 206-21 Exchamge 3 steady; top spring lambs to packers and shippers $14.50; cull natives largo-| ly $8.00. choice light shorn lambs, $12.90; best handy ewes for slaughter $7.00; heavy largely $3.00@$3.50; feeders and butcher steday. Omaha Quotations. OMAHA, Neb., June 5.—{United States Burea uof Markets}—Cattle— Receipts 9,000; mostly 5@10c higher; closing dull on heavies. bulk 180 to 0 pound butchers $10.30@$10.35; top $10.40; buik 259 to 325 pound butchers 310.00@$10.25; packing grades steady, bulk $9.00%4$9.75. Cattle—Receipts 6,200; beef ‘ steers ¢ higher; bulls steady to stronk: 2: = 2 ° 5 + M. E. HARNED, Chiropractor Se active, 10@25¢ higher: yearlings most-| 204 ‘gait: cables fal. Genny United States @® Rubber Company iée North lial Se RADIATOR REPAIRING at full advance. top $9.00; she stock secon 42 oe les 8.43. jermany Phone 5@2 lemand. 36%; cables .364%. Holland Bif-thrve = CASPER AUTO RADIATOR WORKS veals, stockers and feeders steady. Gemiand 38:95; cables 's9,) Norway: de ? is a Osteopathic and. Chiropractic iring—Cleaning—Recoring heep—Receipts 10,000; spring | ™&Nd 17.85. Sweden demand 26. Den- —EEE — 434 W. Yellowstone Phone 1054W lambs 25@50c lower; clipped $12.50;| 8K demand 21.90. Switzerland de- 310 0-S Building Phone 1754) NATRONA RADIATOR SHOP ho spring lambs $13.50. best un.}™9nd 19-14. Spain demand 15.85. Repairing, ig and Cars W: = 13 > Greece demand 4.20. Poland demand , Sheep and feeders steady. 02%. Czecho-Slovakia demand 1.93. A Zattermeister Bldg. Phone 1357! phone tasty» je Avenitic Denver Prices. EEA CRESS nen opine Where You Casper—Casper Motor Co., Inc. Casper—B. I. Biggs. Independent Torpedo Co. CONTRACTORS ‘Colo., Juno $—Cattio— Spare ss ;, Montreal jeP3) eX Casper—S. W. & E. C. Tull, Casper Sporting Goods Co. | Casper—Ohio Oil Co. : oo eS ROOF CONTRACTING Seca eee seed nine ban: wadlanaee ican Can Buy Casper—Pat Royce, Center Street Filling Station. Casper—Ray McCleary, Rays Service Station. TANS OS ee Receipts 1,571; market 10¢ company is down 300 feet and prepar- ing to push its test to completion this year. The same company has three Eroducers in the Cat Creek, Mont., field. ‘The Associated Oil company of Call- fornia is the fourth big company inter- ested in the field and is drilling at 800 feet on section 23-17-104. Another rig is located on section 26. Rock Springs and Caltfornia tnter- SET, TANKS ORDERED drilling on section 19-40-78 of the Salt |Creek field, shut down this morning |for 15 days to allow cement to set at |2,500 feet below tho first sand. When |drilling is resumed in two weeks only a few shifts should be required to send the hole to the second Wall Creek, expected within the next 200 aged over prospects for good produc- tion is contained in the announcement that order has been placed for three tanks to take care of the flow when jthe producing level is penetrated. The company is reported to be in excellent condition financially and the willing of its first well promises to set a record for speed in holes of this depth. Ae ts Foreign Exchange Firm. NEW YORK, June 5.--Great Bri- tain demand 4.50%; cables 4.50%. 60- day bills on banks 4.48%. France de- cables 9.13%. Italy de- Sheep—Receipts 592; steady, lower: clipped lambs $11.50@12; ewes $6@ 6.50; spring lambs $12.50@13. | markof $10.90 for the 30x3¥2 but the “Usco” value is still With thousands of $10.90 “Uscos” running today, every locality has 922 U.S.Tize Co. U.S. Tires: Cree a Better Price —$19,9° had a chance to check up on this surprising tire value. Let all these“Usco” Tires United States Tires ‘The Oldest ond. Ee rena um Motor Co., Inc. Phone 3 DUBOIS & GOODRICH, Architects Rooms 11-12 Townsend 2 Casper, Wyo. Phone 440 Block HOUSE MOVERS Architects 415 Oil Exchange Bldg. Phone 1162 AWNINGS Kistler Tent and Awning Co. 1 747 South Lincoln St. Phone 927M BAGGAGE and TRANSFER LAWYERS NICHOLS & STIRRETT Lawyers 309-10-11 Oil Exchange Bldg. JAMES P. KEM Consolidated Royalty Bldg. 408 RAPID TRANSFER Baggage, Piano and Furniture Moving If It's Movable We Move It Phone 1427 SEARLES TRANSFER Res. Phone 87W = Oifics Phone 701W CHIROPRACTORS WILLIAM 0. WILSON -Law Suites 141516, Townsend Block OSTEOPATHS DR. J. H. JEFF DR. ANNA GRAHAM Suite 318 Midwest Bldg. JEFFREY Phone 706 DR. EDNA HAHN Suite 2, Townsend Block Phones. Office 423, Res. 1235 DR. C. A. SANFORD Ost cian Midwest Bldg. Phone 1030 DR. LE. BERQUIST WYOMING ROOFING: CO. Goowral peeing Contractors, papel ing and Recoating a specialty East Tvrefth Phpne 18043 Casper—Wyoming Oldsmobile Co., Inc. LEO J. BECK Floor Surfacing Phone 307M|