Casper Daily Tribune Newspaper, June 13, 1922, Page 8

MARKET GOoalP AND FELD NEWS oHl0 UNCORKS MAN MAMMOTH GASSER Completion of a new gasser rated at 40,000,000 cubic feet is reported by the Ohio Oil company on section 31-26-87 of the Mahoney dome north of Rawlins where the pay sand was) found at 2,468 feet. Announcement was also recently made by the company! that it has abandoned its test on section 32-22-8 of the Caines- ville field in Utah. The well was car. ried to a depth of 3,650 feet and passed through several sands without show- mgs of oil or gas. In the Big Muddy field the Ohio is 4rilling at 2,805 feet on section 10-33-76 and is shut down at 1,090 feet with another well o:: the same section. In Grass Creek No. 10 Phelps, sec tion 18-46-98, is shut down at 3.097 feet section 7-39-78, drill- No. 11, south at 1,800 fi following: No. 1, outhwest 12-39 WHEAT PACES. HOLD STEADY Early Weakness Offset by Firm Demand in Close of Trading. CHICAGO, June 13.—Asserttions that wheat prices were being reduced below the cost of production tended to ralty the wheat market today from an initial dectIne due to heavy margin calls which had been sent out last night. The fact that the calling of}+ margins caused no extensive new li- qruidation on the part of holders helped also to steady the market Besides vanes at Liverpool today showed less of a fall than had been looked for in view of the severe-decline yesterday in American-markets. The opening here which ranged from %c decline to %e advance, with July $1.09% to $110 and Sept. $1.09%. to $1.10, was-followed by moderate general-setback and then by an uptucn to slightly above yester- @ay’e finish. Subsequently, falling off-in country offerings to arrive led to additionel firmness. Black rust was reported as having been found near Kensal, N. D. The close was steady, tc to Tac net higher, with July $1.10% to $1.10% and Sept. $1.10% to $1.10%. Corn and oats reflected the changes in the wheat market. After opening %e off to a like advance, July 60% to 60%, the corn market scored a lit- tle gain all around. Later the corn market sagged owing to unusual absence ef support for oats prices, which dropped to the lowest level yet this season. Corn closed easy at the same as yesterday's fin ish to % to-%c lower, July 60% to 60% c. Oats.started % to %c lower'to %4c advance, July-35% to 35% and later hardened! 4-trifle-on all deliveries. Lower quotations on hogs weakened provisions. Closing Quotations. Open. High, Low. Close. ~ 1.09% 1.11% 1.09 1.20% Sept, —-— Y12% 1.14% “1.12% 1.13% 60% 61 60% .60% 64% 83% 63% 64% 63% .63% 35% 34 34% 38% 36% 36% 40% 39% 39% 11.47 5 11.45 11.77 7-11.72 July 12.12 Sept. -_____ 11.92 12.02 Potatoes. CHICAGO, June 13.—Potatoes dull. receipts 68 cars; total United States shipments 679; Alabama sacked Bliss Triumphs No. 1, $3.50@ ewt.; Spaulding «Rose sacked No. 1 most! $3.00 cwt; Louisiana, Texas, Okla- homa sacked Bliss Triumphs No. 1, $3.50@3.75 cwt.. North Carolina bar- rels Irish cobblers No. 1, $6.50@6.75; Eastern Shore Virfginia stave barrels Irish cobblers No. 1, $7.2 50. Butter, Eggs, Poultry. CHICAGO, June 13.—Butter lower; creamery extras 34%c; fir: 30@ 33%c; seconds 26@29c. standards 34% c. Eggs lewer; receipts 35,126 cases; torage packed Fowls 22c; Poultry alive, broilers 32@39c; roosters lic. lower; Salt Creek operations include the drilling at 1,600 feet. No. 11, north west 27-40-79, drilling at 1,600 feet No. 1, tract K, 19-37-78, drilling at 675 feet. At Rock River No. 1 Diamond is tee: at 3.355 feet on section 27. 78; Un | feet; me! state | feet. versity, 2620-78, fishirg at 1.996 No. 2 Trapshooters, 34-20-78, ce- & 14%-inch a 1,370 feet. No. 7, land 34-20-78, drilling at 1.035] No. 6 Dixon, 34-20-78, drilling at| 5, 8 %-ineh- ac 1,357 : 20-78 running 12%-inch at No. 10 Harrison-Cooper, ling at 2,380 fect. To Spud in For New Well. | Domino-Bessemer association will | spud in this week for well No. 6 on| ection 10, Salt Creek, where several | producers already have been opened. The well will be carried to the second sand. Grass Creek Producers. | Grass Creek Producers’ syndicaic| is down over 200 feet with its first well| on the Dickerson lease, Grass Creek, and rapid progress is expected. E. T. May Build Gas Line. E. T. Williams Oil company, it is re- liably stated, will bujld a three-tnch gasoline line from Salt Creek to Casper or Glenrock to handle preduction from its gasoline recovery plant at Casper. Ther new line, it ts indicated will fol- low the route of the projected crude pipeline from Salt Creek in which he same company is said to be inter- ested. The latter will connect with the refMery which the Texas company will build at Glenrock or Casper. Nowood-Greybull Line Completed. The 14-Inch gag line from Nowood to Greybull, Wyo., an important link in the system of gas pipelines connect- ing the gas fields of that section of Wyoming with the refineries, has been completed by the Midwest-Wyoming company and will soon be delivering gas from Hidfen dome. Inland Drills in ‘Today. The Inland Oil company’s well on section 19-40-78 in the Salt Creek field will be drilled in today, according to information secured last evening. The hole is now 2,635 feet on the top of the sand, and today was spent in running @ liner. The officials of the company are are extremely opti- mistic, feeling certain that generous production will be forthcoming when the sand is penetrated. The Five Tribes, which is being drilled near the Inland well, is shut down at present waiting for the ce- ment to set. The work of drifting this well will be resumed on June 18. As the hole is row less than 200 fect off the top of the sand, the work of cor- pleting the well will take only a short time. Lwestock Mart Chicago Prices. CHICAGO, June 13.—(United States Bureau of Markets).—Cattle receipts 10,000; fairly active; better grades beef steers strong to higher; others steady top beef steers $9.50; bulk $8.35@9.10; she stock, bulls and stockers about steady. veal calves weak to 25c lower early; bologna bulls mastly around $4.50144.65; bulk vealers $10.00@10.50; few to outsiders around $11.00. Hogs, receipts 30,000; opened 5 to 10c, lower; later active steady to 5c lower than Monday's average. top $10.65; bulk $10.00@10.65; pigs steady; bulk $9.50@10.50; packing sows most- ly $9.00@9.50; heavy weight $10.30@ 10.45. medium $10.40@10.60; light $10.55@10.60; light light $10.40@10.60; packing sows smooth $9.20@9.80; pack- ing cows rough $8.75@9.26; killing pigs $9.50@10.50. Sheep receipts 9,200; very slow most- ly 25 to 50c lower. few early sales na- tive spring lambs $13.50; best held around $14.00; good 90 pound dry fed shorn lambs $12.00; no choice light weight here; desirable handy weights fed Texas wethers $7.00@7.50; one load 2 year old, mostly breakers $7.75 good medium weight fat ewes $6.00; heavy $2.50@3.25. Omaha Quotations. OMAHA, Neb., June 13.—(Untted States Bureau of Markets).—Hogs, re ceipts 12,000; active and fully steady; close strong; bulk 180 to 240 pound butchers $10.10@1D.20; xtreme top 10.20; bulk 250 to 325 pound butchers 9.80@10.10; packing grades 9.00@9.65. Cattle receipts 6,500; better grades SECOND UNIT OF BIG GASOLINE COMPRESSION PLANT OPERATING The largest gas compression plant in the world is now functioning at Salt Creek as Midwest Refining company at the second unit of the plant, giving it a capacity of 20,000,00Q feet of gas a day or a total daily output of 150,000 gallons of gasoline. employing 200 men, was started up Saturday. To handle the output of the new unit a new 4inch gasoline line is be- ing laid to Casper, the former 3-jnch line being able to take care only of the output of the old compression plant. The gasoline is high test and on delivery at Casper is mixed with gasoline of a lower grade before being shipped to market. Gas to supply the compression Plants is collected from laterals ex- tending to scores of wells in the Salt Creek field, the size of the pipe rang: ing from 3-inch to 10-inch Grivenbooster-stations assist-in get a result of completion by the The new unit, ting the gase to the plants where the compression method reduces the wet gas to gasoline. The compression plant has cost the Midwest company $1,000,000 and other improvements required in cqpnection with its operation cost another $500, 000. ‘The Mosher-Salt Creek syndicate is down 1,550 feet in its second well on New York Stocks Associated Press Leased Wire. Allied Chemical & Dye Allis Chalmers American American American American American American American American American American American American Anaconda Atchison Atl, Gulf Baldwin Locomotive Baltimore and Ohio Bethlehem Steel “B’ Canadian Pacific ntral Leather Can Car & Hide @ Leather International Corp Locomotive ex div. Smelting & Refs Sugar '|Chandier Motors hesapeake ‘and Ohio hicago, Mil. and St. Paul Chicago, R. I. and Pao. Chino Copper Colorado Fuel and Iron Corn Products .. Crucible Steel Motors Great Northern, pfd. Illinois Central Inspiration Copper . International Harvester Int. Mer Marine pf@. — Internutional Peper . Invincible Oil <elly Springfield Tire . Kennecott Copper . Louisville and Nashville - Mexican Petroleum Miami Copper .. Middle States Ot) Midvale Steel .. Missouri Pacific New York Central Norfolk and Western Northern Pacific ... Oklahoma Prod. and Ref. Pacific Oil Pan American Petroleum . Oia. Ray Consolidated Copper . Reading Rep. Iron and Royal Dutch, N. Y. Sears Roebuck Sinclair Con, Oi Southern Pacific Southern Railway . Standard Off of N. J. . Studebaker Corporation ‘Tennesse Copper ‘Texas Co. - ‘Texas end Pacific ‘Tobacco Products Transcontinental Oft Union Pacific . inited Ketaail Stores U. S. Ind Alcohol . United States Rubber — United States Steel Utah Copper Westinghouse Electric Witiys Overland oh: ‘ American Zinc ee | Butte and Superior Cala Fetroleum Montana Power . Shattuck Arizona Great Northern Ore 38% beef steers active 19 to 15c aoa others steady to 10c higher; top beeves| $9.2! she stock strong to 15c higher;; other classes of stock generally steady. | Sheep receipts 7,000; killing classes| 26c lower; top spring lambs $13. bulk 13.25%13.50; clipped lambs $12.00) down; best wethers $7.50; ewes 5.50 down; feeders slow. Denver Prices. | DENVER, Colo., June 13.—Cattle—/ Receipts 2,600; market steady; 25c lower; beef steers $7.75@9; cows and heifers $5@8,25; calves $8@11; bulls, $3.50@5; stockers and feeders, $6@) 7.40. | Hogs—Receipts 2,500; market 15c to| 20c lower; top $10; bulk, $9.55@9.90. Sheep—Receipts none; market un- changed. Ewes $5@6; by lambs $12@13. STOCK DECLINE. INN. Y. CHECKED Recoveries of From One to Three Points Are Recorded on Exchange. NEW YORK, June 13.—Recoveries of 1 to 3 points from yesterday's se- vere unsettlement were made in to- day's less active stock market follow: ing the further closing out of specula- tive accounts. Sales approximated 1,- 400,000 shares. ‘The demand for investment rails im. parted a more confident tone to the later dealings. Rallies among indus. trials and specialties were general! maintained. The closing was steady. NEW YORK, June 13.—Supporting orders checked the further general de- cline of prices at the opening of to- day’s stock market, but the tore was very feverish and unsettled. Rallies of one to almost two points on domestic and foreign oils, American Smelting, set by further reactions ‘of 1 to 2% points in Vanadium, Chandler, Su- matra Tobacco, Strémberg Carburetor and several miscellaneous issues. The “merger” steels were hesitant, Repub- lic advancing one point, while Midvale reacted that much. under further pressure, Mercantile Ma- rine preferred falling 1% points. For- eign exchanges reflected nervous con- ditions abroad, with greater weakness in Austrian exchange on the closing of the bourse in Vienna. Prices continued to rise but at a much slower pace in the early after- noon. Liquidation of weak accounts daving been pretty well completed and indications that the professional short selling had been carried too far, caused a good demand for standard dividend paying shares. Railroads made an exceptionally good showing, New York Central rising 2% points, Union Pa- cific 2%, Southern Pacific 2 and Northwestern, Atchison, Great North- ern preferred, Chesapeake and Ohio, St. Paul, New Haven, Reading and section 19 of the Salt Creek ficld. The location is a quarter of a mile west of Motor | well No. 1 which is sald to be making with American Car, Marine preferred 175 barrels a day. ‘Texas Pacific 1 to 1% points. Many of the industrials scored larger gains |Hamilton Dome . | Rock River Union Pacific and Coca Cola were off-| Shippings were} Oil Securities Furaished by Taylor and Clay. Boston Wyoming Buck Creek Burke 3 36 4. 2 35 04 00 Black Tall . Fiackstone Salt’ Creek Columbine Conosolidated Royalty pital Pete Cow Guleh Jupiter Cpastal Kinney oCasta’ ‘ Lance Creek Toyaliy. Lusk Royalty Preston Northwest New York Oi . Mike Henry Mountain & Gulf New York Oil Outwest Red Bank F dy . erton Refg. 5 Royalty & Producers. . Sunset Tom Beil Royalty ‘ Western Exploration Wind River Refg. ... United Pete . Wyo-Kans WyoTe . Western Oil Western States N Mountain Producers Merritt Hlenrock Oil Salt Creek Prd Mutual ... S. O. Indiana Cities Service Com. .. Fensland 3% 2 First 4s. Second 4s First 44s Second 4\s Third 4s Fourth 4%s Victory 4%s —... Crude Market Salt Creek | Bie Muddy |Mule Creeic sssssss he & ber extending their advances to 2 points, Elimination of speculative or mar- ined accounts added to the market's | unsettled tone in the first nour, Gulf States Steel and Davision Chemical lost one to three points and many of the miscellaneous specialties gave way to increase pressure. The list rallied before noon, popular oils rising two to three points. United States, Steel and the independent steels recovered 1 to 2% points, and motors and their Many people have a’ offer to loan any res: without charge. Why don’t YOU acc H It BEATS “A Crucible Steel and-United States Rub- fhe Casper Daily Cribune pe wer> thrown clezr of the car, which}A. E. Brown, tion-clean every rug you possess—to straighter, up the crushed nap and brighten the colors—without cost or obligation? ¢ELECTRIC SUCTION’ SWEEPER. $6.50 a Month Soon Pays for a Hoover! Only a little,a month—for a short time completely pays for a Hoover while you use it, should you wish to buy the one we loan you. atrona Power Co. BEE epenel Woolen. Among rails and Southern Pacific, TERRE 3 2 ae ee S* f r ~» Deb. stock an ki es, 1971... " Reg. 6s, 1924 x0 Call money opened at 3 per cent. ne ® e! 2Ag é ” & Foreign Exchange, Weak. NEW YORK, June 13.—Great Brit- day bills on banks 4.44%. France demand 8.76%. cables Italy demand 4.97%; cables 4. Belgium demand 8.17%; cables 8.20. Germany demand 31%; cables 31%. 9 Norway demand Sweden demand 21 Denmark demand 21.85. Switzerland demand 19.08. Spain demand 15.75. Greece demand 4.15. Poland demand 02%. Czecho-Slovakia demand 1.93. Argentine demand 36.50. Bragil demand 14.00. Montreal 99%. Framerican, 7%s, 1942 French, $3, 1945". 103% 100 7 Hock, Valley, 6: LaBeile, Iron, Jap. és, 1931 ist, 4% D. 2nd '4%s, 1925 Missouri Pac. 6s, 1949_ s, 1847 . 96% 6443, 1936_105% 93% 109% Sugar. NEW YORK, June 13.—Sugar fu- tures closed easy; approxt~mate sales 32,100 tons. No charges occurred in| N. refined sugar with fine granulated listed at $5.80 to $6.00. Refined futures nominal. Money. NEW YORK, June 13.—Call money firther; high 2%. low 3; ruling rate 3; closing bid 3%; offered at 4; last loan 3%c; call loans against acceptances ime loans steady. 60 and 99 days 102% 118% 102% 4 106% 4 3% 97% Metals. June 13.—Copper electrolytic spot and futures 13% @14c. ‘Tin weak, spot and future 31.00. Iron steady; prices unchanged. Lead steady; spot 5.75@6.00. Zinc firm; East St. Louis spot and nearby delivery 5.42%. Antimony spot 5.25@5.50. Silver. NEW YORK, June 13.—Foreign bar silver 72\c; Mexican dollars 55%c. COMMISSIONERS’ PROCEEDINGS. June 8, 1922 The State of Wyoming, County of Natrona, es. The Board of County Commis-, sioners, in and for Natrona Coun- ty, State of Wyoming, met this 8th day of June, A. D. 1922, pursuant to adjournment of y: y, there being present Chairman, T. A. Hall, Commissioners Robert J. Veitch and Charles Anda, Catherine Dunn, Clerk. The following proceedings were had, to-wit: The following bills were pre- sented, audited and allowed and certificates same: Pat O'Connor, sheriff’s ex- nse 35%d per ounce; money 1% per cent. Discount rates, short bills 2 7-16 per cent; three months bills 2% per cent. eS ES ee TWO RIDE AUTO IN PLUNGE. Thermopolis, Wyo., June 13.—Otis Fuqua of Gebo and James Seddon are recovering from severe cuts and bruises received when their auto plunged off a 20-foot embankment on a sharp turn of the highway near here and plunged into the river. Both lighted right side up in the water. have you asked for the free loan of a Hoover? lready availed themselves of our advertised ponsible resident a Hoover for three days ept this opportunity to beat, sweep and suc- We do not ask that you be a progpec- tive buyer. Our sole’aim in this offer is to spread more knowledge about The Hoover—and the best way to do this is to let people khow from actual experience what The Hoover can do. May we loan you one? as It Sweeps as it Cleans T YOUR SERVICE—ALWAYS” Phone 69 TUESDAY, JUNE 15, 1922. 10.00! damages on the proposed change sient 42.40 way and are to meet 88.90 | Friday, June 16th, Tose 238.10 There being no further Mrs. Martha Ball, pension_ om : Seen court ex- \ City of Casper. assessment %| That Natrona % ig | trict No. 1. ordered drawn for); John Jourgensen, jail ex- by 2 26.75 4.75 | Attest: 42.92 106.00 road and bridge. % | Wyo. Clinical Lab., poor at DIVIDING NATRONA COUNTY INTO JUSTICE,OF THE PEACE -AND CONSTABLE DISTRICTS._ |. Whereas, It has been brought to the attention of the Board of County, Wyoming, in regular ses- sion assembled, That that portion of the City of Casper in the County 4% /of Natrona, State of Wyoming, known and designated as Ward No. 1, of said City of Casper, and the Board of County Commissioners so |find, has a population of more than \five’ thousand people, and it has *% | been brought to the attention of the Board. and the Board so finds, that the subdivisions of the City of Cas- ;per, Natrona County, Wyoming | known as Ward No. 2 and 3 of said City of Casper. combined, has a population of more than five thou- sand,. and it has been farther brought to the attention of the Board and the Board so finds, that the election districts outside of the City of Casper, Natrona County, | Wyoming, each, have a pppulation of less than five hundred people. Now, Therefore, Be It Resolved, 7 Count} be di into Justice of the Peace and Con- stable Districts as follows: Ward No. 1 of the City of Cas- per, with population more than five | thousand. shall be known as Justice of the Peace and Constable Dis- Wards No. 2 and 3. of the City of Casper, with a combined popu- lation of more than five thousand, shall be known as Justice of the Peace and Constable District No. 2. All other districts above men- tioned, that is to say all other elec- . [tion districts outside of the City of Casper, shall constitute a separate Justice of the Peace and Constable |” District, with a population of less than fifteen hundred each. Be It\Further Resolved, That the Justice of the Peace and Con- stables of Natrona County, Wyo- ming, shall receive the fees and salaries only as provided by | Statutes, | HIGH SCHOOL ELECTION. The returns of the Natrona County High School Election held May Ist, 1922, were canvassed and the following persons received the wore eet opposite his nam —--- 242 votes 2 votes = 1 vote O. Wilson, C. H. Townsend and Geo. B. Wilson, having re- ceived the highest number of votes, County Commissioners of Natrona} Co: trona County High Schoo! Bonrd. APPOINTMENT OF APPRAISERS B. B. Brooks, T, S. Steed and Jeff Crawford were appointed as ap- ise! to appraise _and_ assess the Board adjourned. T. A. HALL, CATHERINE DUNN, Clerk. Publish June 13, 1922. wachacenahh asda NOTICE OF SPECIAL MEETING OF THE STOCKHOLDERS OF CASPER MUTUAL _ BUILDING AND LOAN ASSOCIATION, A WYOMING CORPORATION. To the Stockholders of the Said mpany : 5 Notice is hereby given that pur- suant to the request of the owners of a majority of the shares of the capital stock of the above-named Casper Mutual Building = Loan Association, a Wyoming tion, a meeting of the stockhel ders of the said company will be held at the court room of the court house. in the city of Casper, Wyoming, on the 22d day of June, A. D. 1922, at eight o’clock p. m. of said day, for the purpose of considering and voting on the following question, to-wit ‘Shall the capital stock of the said Casper Mutual Building and Loan Association be increased from five million ($5,006,000.00) dol- lars, divided into twenty-five thou- sand (25,000) shares of a par value of two hundred ($200.00) dollars each, to ten million ($10,- 000,000.00) dollars, divided into arty, thousand (50,000). shere= of value of two hundred ‘$200. 00) dollars each?” Dated this 23d day of May, A. D. 1922. P. Cc. MERE ia Presiden aonioaee May 23, 30; June 6, t3, B 2. Jewelry and waren repairing Dy ex- pert workmen. All work guarantee’ Casper Jewelry Mfg. Co., O.S Bide, aot Ben teas. bea Watch for Piggly Wigsly. SWAN UNDERREAMER BUY PIGEON’S COFFEE It’s Fresh Roasted Pigeon Tea & Coffee Co. Phone 623 ACCOUNTANTS UARANTEE REGISTRY CORP. Raaltors syle weer itants—Stock Registrar and Trai Agents 208-11 Oil Exchange Bldg. Phone 660 iG AUDIT COMPANY Ref. Bldg. Phone 289 ts, Financial and Analyses, Income Tax ‘ice and General Accounting. AUDITORS EBEIMERTH & VAN DENBERG Accountants—Incomo Service ith Floor 0-S Bldg. Phone 767 ARCHITECTS DUBOIS & GOODRICH, Architects Rooms 11-12 Townsend Block » Wyo. GARBUTT, after & SWEENEY 415 Oil Exchange Bldg. Phone 1162 RAYBURN 8, WEBB, Suite 12, Bldg. WYo 414-15 Mi Audit Architect Phone 1351 AWNINGS Kistler Tent and Awning Co. 747 South Lincoln St. Phone 927M BAGGAGE and TRANSFER SEE BEN TRANSFER C0. Hi Bageere, J leavy hoes ID TRANSFER erie and Furnitagre Moving 's Movable awe Move It He SRANOPE ' SEARLES ry Res. Phone 87W _Oific2 Phone 701W CHIROPRACTORS iF Office 423, Res, 1235 HARNED,. Chi E, tor 162 North Kimball Phone 1457 DR. C. I. ARNOLDUS thic and Chiropractic 310 0-S Building Phone 1754 DR. L. E. UIST Zattermeister Biag Phone 1’ CONTRACTORS Ni Building—Phone 981M. LEO J. BECK Floor Surfacing CHIROPODISTS NS ae. E. ©. BADGER Phone 1721 Suite 9 Smith Bldg. 131 East Second DOCTORS aR CEE Office shone 30 30, Residenico 184 South Durbin i HOUSE MOVERS 1107 Soutir Melrose ROPER. LAWYERS NICHOLS & STIRRETT 309-10-11 Oil satin Blag. JAMES P. 408 Consolidated ‘Royalty Biag. IRVING GOFF M’CANN Attorney at Law Exchange Building HAGENS & MURANE 206-207 Oil Exchange Building Phone 260 ‘i Phone 807M! OSTEOPATHS DR. CAROLINE ©. DAVIS sician _ RADIATOR REPAIRING CASPER AUTO RADIATOR WORKS 434 W. Yellowstone Phone 1054W ROOF CONTRACTING WYOMING ROOFING Co. eral Roofing Contractors, ing ‘and Recoating a specialty East Twefth Phone 18013 r ae cy EN, SIS, Chairman. a 4 ate } : ’