Casper Daily Tribune Newspaper, June 27, 1922, Page 6

PAGE SIX MARKET G0GaIP DEVIL'S BASIN-HAS NEW WEL! Another producer for the has been recorded with the drilling in of the Adams well on} the southwest quarter of section 24-11-24, where the oil sand was penetrated at 1,118 feet with oil as the flow was opened. No gas pressure had been The well is owned by J. H. Adams released at last reports. GRAINS oTRONG ONGROP NEWS Several Points Added to Wheat Futures With Re- sumption of Buying. CHICAGO, June 27.—Wheat scored & moderate gain in price today dur ing the early dealings, traders acting on the view that something of a rally was to be expected after recent de- clines. Advances in foreign exchange rates tended also to encourage bullish sentiment. Business: lacked volume and the market was easily affected. The opening, which ranged from %c decline to %c advance with July $1.11 to $1.11%, and September $1.12% to $1.12%, was followed by an upturn all around to well above yesterday's finish. Disappotating threshing reterns led to a further advance in prices later, and s0 too did talk of better. milling whd export demand. Besides, reports thas black rust was spreading in Minnesota were current near the end of the session. Prices closxd strong, 2% to 3%c net higher, with! July $1.14% to $1.14% and September $1.15% to $115%. Corn and oats were firmer with wheat. After opening Yc off to Kc up, July 61% to’62c, the corn mar ket made a slight general advance. Subsequently, dry weather com- plaints from parts of Iowa and IMinois were bullish factors. The close was firm % to %c netehigher, July 62% to 62%c. Oats started-at-téc decline to %c ad- vance and after a slight sag ascended with other grain. Higher quotations on hogs- gave a Tift to provisions. Closing Quotations. Open. High. Low. Close. WHEAT— July - - 121 114% Sept. - - — 112%. 1.15% ~ 115% 1.18% 61% 02% 65% 66% 65% 66% 36% 27% 39% 40% 4243 July — — — 11.35 11.40 11.35 11.37 Sept. - — - 11.65 11.67 11.65 11.65 RIBS— Jutyy —--- —— ——- — 11.95 Sept... ——- —— —— 1182 Batter, Eggs, Poultry. CHICAGO, June 27.—Butter lower; creamery Yee: firsts 32% @ 26c: seconds 30@3ic; standards 37%c. Eales, unchangnl; receipts 24,804 cases. Poultry, altve, higher. fowls 2: broilers 28@36c; roosters 14%c. Potatoes. CHICAGO, June 27. — Potatoes slightly-weaker; recetpts Tl cars; to- tal United States shipments 604; Okla- homa, Texas, Arkansas, Alabama and Louisiana sacked Bliss Triumphs No. 1, $2.65@2.75% Alabama sacked Spaulding Rose No. 1, &2.00@2.10: Oklahoma sacked Irish cobblers $2.50 cwt.; North Canolina, Norfolk sec tion stave barrels Irish cobblers No. 1, $4.25@4.50. eastern short ARG stave barrel Irish cobblers $4.90 @5.15. Old stock steady; Wisconsin sacked round whites $2.00 cwt. Stock Exchange Firm Suspended NEW YORK, June 27—-The New York Consolidated Stock exchange to day announced the suspension of EF. M. Fuller and company. The com- pany maintained branch offices in Boston, Philadelphia and Cleveland. A petition in bankruptcy was later filed against the company on com- plaint of three creditors. with claims aggregating $16000. Liabilities Msted at $500,000 and assests $: > Federal Judge Mayer appointed Samuel Strasburger receiver under a bond of $25,000. The firm is com- posed of Edward M. Fuller and Wil- liam F. McGee. Fuller and McGee were among sev- en indicted by a federal grand jury in June, 1920, chrrged with conspiracy to defraud by using the mails to ex pioit and sell stock in the Crown ON company, a California concern. They pleaded net guilty, were released in ,000 bail each, but the cases were never tried TWO GUSHERS — AND FIELD NEWS Devil’s Basin field, Montana, and the casing quickly filled and associates of Minneapolis and con. tract has been let for an offset by the same interests. Production of at least 100 barrels is expected from the com- New York Stocks Allied Chem! & Dye Allis oe American Reet Sugar American Can American American American American American American S American American American American Woolen ..21°" Anaconda Copper > Atchison .. ahs Atl, Gulf est Indies —~- Baldwin Locomotive . Baltimore and Ohio Bethiehem Steet “B' Canadian Pacific . pistes well Central "Leather .- wore 37% nts e m’s new gusher off-| Chandler Motors soins OTS potter the Mid-Northern's Clayton| Chesapeake and Ohio - 65% No. 2 on section 11-15-29 of the Cat pps at and St. Paul .-.. 55% Creek field is showing for big pro-| Cpco6°. and Pac. - g duction, having made 600 barrels on «andi bede pede aw 28% open flow before being drilled far into the second sand. The Frantr. well is on section 14-15-29. “56” Petroleum company is prepar- ing to spud in a “twin” well 30 feet from its No. 1 well in Cat Creek and intends to exhaust first sand produc tion on its lease before deepening wells to the second sand. discovered in the Mid-Northern and Frantz wells. The Sure Shot Oil company, which encountered water in the first sand in its No. 1° well in the same field, is making arrangements to continue to the deeper sand. Two now tests have been started in Montana, one, according to Melstone reports, by Burks and Clark on sec- tion 23-16-27 of Brnsh Creek field, and the other reported from Winnett an being located on section 18-15-31, east of the Mussellshel! river. © The latter is being started iy Washington capitalists, BarnsdalFFoster corpuration is pre- paring to resume drilling in !ts No. 2 weil on the Big Lake structure, 38 miles northwest of Billings, after pull- ing collapsed casing and running a new string. The test is down 2.782 fect and ts the deepest well in Mon- tana. It found a little off in the Eagle sand at.I,100 feet. Greybull Refinery Improvea. Standard Oji company of Indiana has started construction work on re- Placing: 20 old stills at its Greybull plant with two new units. Other im- provements will be made which will increase both the efficiency and out- put of the Greybull refinery. field and a six-inch main will be laid Test Well for Platte County. Platte River Development associa tion is preparing to spud in its firs test of the Guernsey structure in Platte county, Wyo. Active drilling is expected by the first of the month. Bolton Well Fi Reports from the Bolton Field this morning state that Iowa-Wyoming well No. 10 wkich was recently com- pleted on the northwest quarter of section 10-28-81,is flowing at the rate of 150 barrels per day with consider- able gas pressure. This well was com- pleted in the second sand of the Em- ‘bar formation and the oll is much higher”grade than that of the first sand wells. An analysis of the oil is being made today. FIVE TRIBES FILLS* WITH OIL. The Five Tribes well on the north- easteast quarter of section 19-40-78 is reported as being filled with ofl this morning with the bit 40 feet in the Colorado Fuel and Iron . Corn Products . Crucible Steel Erie . Famous Player General Asphalt General Electric General Motors . Great Northe pid. NWa0is eae otccecces cours Inspiration Copper . International Harvester Int. Mer Marine pfd. International Paper + Invincible Oil ... Kelly Springfield Tire Kennecott Copper . Louisville and Nashville Mexican Petroleum Miami Copper ... Middle States Oil Midvale Steel . Missouri Pacific New York Central ¥., N. H. and F ‘orfolk and Western Northern Pacific . Oklahoma Prod, and Ref. Paaite ON 0cacsses ¢ Pan American Petroleum - Pennsylvanian People’s Gas . 3 Pure Of ... - 30% Ray Consolidated Copper ...... 16% Reading ~.. Rep. Tron and Royal Dutch, N. Sears Roebuck . Sinclair Con Ol 31% Southern Pacific 88% Southern Railway 23% Standard Oil of N 132% Studebaker Corporatio: 125% ‘Tennessee Copper: . Texas Co. Transcontinental Of Union Pacific .. Thermop. Gas Line Assured. United Retail Stores’. Thermopolia, Wyo. Gas company|ty Sind. Alcohol 53% has entered into contract with the] United States Rubber 61% Hope Engineering company for the| United States 97 construction of a gas pipeltne from|Utah Copper 56% the Golden Eagle dome to Thermopo | Westinghouse 593 lis, the work to be completed this| Willys Overland ....... 8% summer. Material is to be brushed| “American Zinc, Lead and Sm 17 for the work. A large supply | Butte pau pesor 2 has already heen developed in the} Sontana Power Shattuck Arizona Northern Ore butchers $10.35% 10.85; mostly $9.00@9.50. top $10.90; bulk $9.70@10.85; pigs steady; mostly $9.75 @10.50; heavy weight $10.35@10.60; medium $10.45@10.85; light $10.75@ 10.90. light lights $10.40@10.80; pack- ing sows, smooth $9.25@9.80; pack- ing sows rought $8.75@9.40; killing pigs $9.50@10.50. Sheep receipts 5,000; fully 25¢ high- er; top native lanmbs $13.50 to city butchers $13,25 to packers; culls most- ly $7.00@7.50. some $8.00; no western lambs here; best fat light native ewes $7.00; heavy $3.25@5.00; no wethers or good yearlings offered; native breed- ing ewes mostly $6.00@6.75; few choice light native yearling ewes $9.50. Omaha Quotations. OMAHA, Neb., June 27.—(United States Bureau of Markets.}—Hogs— packing sows sand, Good progress is being made and it is expected that it will be completed tomorrow, a test being made the lat ter part of the week. HOMESTAKE COMPANY OF MONTANA TO SPUD IN FOR SALT CREEK WELL E. B. Coolidge of the Homestake Of1 company, one of the larger Montana independents, is in the city arranging for the drilling of a well on the north- east quarter of the northwest quarter of section 24-39-78, Salt Creek. This location is on tract LA and will be drilled by the Hardrock Oil company, subsidiary of the Homestake, which also owns tract KZ. The Homestake ts one of the larger Montana operators, having eight pro- ducers in the Cat Creek field and the ninth well now drilling, where it con- trols 600 acres. It also controls 4,800 acres in the Kevin structure, where it has two wells hrilling, one being an offset to the Ohio-Sunburst, and one hole down 1,500 feet in the Blackfoot Indian reservation. The Salt Creek hole will make the thirteenth for the company but no superstition ts at- tached to this fact as ft is reasonably certain that a producer will result. Arrangements will be made later for the drilling of tract KZ Livestock Mart BITE OIL SAND Two completions were recorded yes- n the Salt Creek field, both] section 30-40-78, Refining completed a well he southeast quarter and the well being drilled by F. G. Bonfils of the Denver Post as trustee, with whom | associated Willis Stidger and W. ten of this city, Henry Mitler| others at a et and is estimated as| | Midwe: on came in being good for 2,500 barrels. | | mostly. Chicago Prices. CHICAGO, June 27.-United States Bureau of Markets).—Cattle receipts 8.000; market active; beef steers and butcher she stock. strong to 15¢ high- er; top beef steers $10.00; bulk $8.25@ 9.50. canners and cutters-and stockers steady to strong; bulls 10 to 15c high- er; veal calves 25 to 50c higher; bulk beef cows and heafers $5.00@7.2! canners and cutters” largely $3.00@ 3.90; bologna bulls mostly $4.25@4.40. early sales veal calves $8.00@8.50 Few lots to packers ,around || $8.75 and better; choice handy weight Receipts 17,000; mostly 10¢ to 15¢ higher; good butchers, 200 to 325 pounds at $9.65@10.15; top $10.25; mixed and packing grades mostly $8.75@9.50. Cattle—Receipts’ 6,500; better grades of beef steers firm to 10c higher; others slow and steady; top heavy st®ers $9.60; yearlings $9.35; she stock steady to strong; veal valves fully 25c higher; other classes of stock generally steady. Sheep—Receipts 7,000; all classes 45c to 50c higher; native lambs $13.2. fed clipped spring lambs $11 wethers $7.50; ewes $5.50; feeding yearlings $9.40. Denver Prices. DENVER, Colo., June 27.—Cattle receipts 1,450; market 10 to 25¢ high- er; beef steers 7.00@9.00. cows and heifers $4.50@8.00; calves $4.50@8.00: bulls $2.50@4.50; stockers and feeders $5.25@6.00. Hogs reeetpts 2,260; market steady, higher. top $10.25; bulk $9.40@9.90 Sheep receipts 4,150; market steady $4.50@5.00; spring | With the Oil Men Chas. 8. Hin, immigration, ning. state commissioner of is a guest at the Hen- L, N. Hagood, local attorney, has returned from a trip to Montana on oil matters. eee Mrs. A. J. Hazlett, wife of the edi- tor of the Inland Of Index, has ar- rived in the city and will make this her future home. . ee James C. Crawford, prominent at- torney of Washington, D. C., is stop- ping at the Henning while attending to local matters of importance. ery Capt. Hopkins, well-known local geologist, is in from an extensive field trip. eae ¥. T. Williams of the E. T. WMliams Oil Company and Central Pipe Line is- expecte@ back tomorrow from an extensive eastern trip attending to company business. Se ARE YOU ON TIME? Have your watch repaired by an ex- STOCK TRADING Che Casper Daily Cribune | Oil Securities LOCAL orm STOCKS. Big Indian 26 Boston Wyoming 38 Bessemer \.. a9 Buck Creek 19 Burke .. 23 Black Tail - aL Blackstone Salt Creek .30 Chapel! 45 Columbine 14 Consolidated Royalty. 1.35 Capitol Pete . 00% Cow Gulch - 03 Domino . wt Bik! an EB. T. Williams - 65 Compass < a Frantz 4.50 } Gates 13 Jupiter > 01 Coastal . “7 Kinney Coastal -40 Lance Creek Rorehy= Lusk Royalty Preston Mike Hen Mountain and Nortwest Outwest Red Bank Five Tribes Pet. Co. . Picardy Riverton Refg. 004 4 Royalty and Producer? "10% 11% Sunset ......... = 05 06 Tom Bell Royalty . 02 03 Western Exploration. 2.80 2.90 Wind River Refg. ... -01 -02 United Pete 03 04 Wyo-Kans 80 1.00 Wyo-Tex . 00% 01 Western Ol Fields 66. 48 Western States 31 32 Y on 15 AT NEW yor CURD CLOSING. Mountain Producers .$ 15.2% $ 15.50 Merritt ” 10:58 * 10.75 Glenrock O1l . 1.37 1.43 Salt Creek Prds. - 16.50 16.87 Salt Creek Cons. 12.50 13.00 Prod. and Refrs. 00 Merine . Cosden .. Mutual S. 0. Indiana Cities Service Com Fensland . New York Oil 3%s .. First 4s . Second 4s .. First 44s . Second 4%9 Third 44s Fourth 4%s - Victory 4%s .. Crude Market Grass Creek Elk Basin . Lance Creek Hamilton Dome Rock River Salt Creek Big Muddy Mule Creek Hebe rere sa __keesesss lo UNSETTLED Mexican Petroleum Continues Wild Fluctuations, Drops to 182. NEW YORK, June 27.—Ofs were the most reactionary features of to- day's dull and professional stock mar- ket. Mexican Petroleum’s wild flucu- ations had an unsettling effect in other quarters. Sales approximated 750,000 shares. ° ‘Mexican Petroleum was the center of a concerted selling rnovement in the final hour, dropping to 182. Pan-Americans “were about «ix points lower and the general list regis- tered losses of 1% to 3 points. Tho closing was heavy. NEW YORK, Juno 27.—The only noteworthy feature of today’s early stock market dealings was the further erratic course of Mexican Petroleum. Opening at 200, an over-night gain of five points, the stock soon reacted to 194%. Pan-American “A” lost 1% points, while the “B" stock gained a large fraction. Otherwise, ofis and tha active st generally showed irregular- ity. Tobacco, motor truck and food specfalties improved moderately. Ship- pings and equipments eased and changes in the railway list were trifling. NEW. YORK, June 27.—Any tend- enty towards improvement during the morning was checked by the more be- wildering movements of Mexican Pe- troleum and the firmer tone of the money market, call money opening at five per cent. Mexican Petroleum ex- tended its early decling to 191 from which it rallied to 198% followed by another setback. Losses of 1 to 2% Points resulted from pressure against Pan-American, Producers and Refin- ers, California Petorleum, Standard Olls of New Jersey and California, and General Asphalt. Reactions of 1 to 2 points included such favorites as Bald- win, Studebaker, Bethlehem and Crucible. St. Paul preferred was weakest of the rails, falling almost 3 points and coalers also yielded. Maintenance of stiff call money rates exercised a restraining influ- ence on bullish activity and the mar- ket was compelled to absorb a steady flow of offerings. In a measure the market flattened out and became un- interestin, even the wild fluctuations in Mexican Petroleum exciting little attention. Mexican Petroleum plunged down again to 190, while Pan-Ameri- prc cer sete ara SWAN 2/months bills 2% STANDARD AIMS \ capacity for effective hard work, Col- can Petroleum extended its loss to three points. Other relatively weak issues were Pacific Oil preferred. wee adium Steel, Mack Truck, Atchison, Lehigh Valiey and Norfolk} and Western. Union Pacific advanced! ‘Sliver. NEW YORK, June 27.—Foreign bar silver 70%c. Mexican 54%. Sugar. NEW YORK, June 27.—Sugar fu tures closed easy; approximate 14,850 tons. The market for refined| granulated. The demand was less ac- tive, although withdrawals on old or- ders continue liberal. Refined fctures weit nominal. Foreign Bochamge, Eeasy- | NEW YORK, June 27.—Great Brit-| ain demand 4.41; cables 441%. 60 @ay bills on banks 4.38%. France demand 4.38%. cables 8.29. Italy demand 4.73%; cables 4.74. Belgium demand 7.97%; cables 7.98. Germany demand 28% cables Holland demand 38.80; cables 38.85. Norway demand 16.12. Sweden demand 25.60. Denmark demand 21.30. i Switzerland demand 18.96. Spain demand 15.50 { Greece demand 3.20 Poland.demand .02%. Czecho-Slovakia demand 1.93. Argentine demand 38.57. | Brazil demand 13.75. Montreal 97%. 27. —Copper. | Metals. - NEW YORK, June steady; electrolytic spot and later 13% to 13%c. Tin steady; spot and futures 31.12. Iron steady and unchanged. H Lead steady; spot 5.75 to 5.85. Zine quiet; East St. Louis spot and} nearby delivery 5.27 to 5.35. Antimony spot 5.05 to 5.25. Monoy. NEW YORK, June 27.—Call money) strong. high 5; low 4%; ruling rate 5; closing bid 4%; offered at 5; last loan 4%; call loans against acceptances 4. time loans steady; 60 days 4. 90 day: 4; stx months 4%; primo mercantile paper 4@4%» London Money. LONDON, June 27.--Bar silver 36%d per ounce. Money, 2 per cent. Discount rates, short and three per cent. ARE OUTLINED (Continued from | irom Page One.) who had been picked out’ for executive positions because of their ability and onel Stewart, himself, was a resident of Pierre, & D., tor 20 years and said that the western spirit of Wyoming! was familiar to him. In outlining the various polictes of! his company, the speaker expressed} the duty which was owed to the stock-| holders, the employes and the com-| munity in which the company oper- ated. He also spoke highly of the ef- forts of Jack Leary, division freight agent for the Burlington railroad, who! has fought a decrease in crude oll freight rates from this city on the grounds thta “‘as long as I am a resi- dent of Casper, I want to see the oil produced in Wyoming refined in Cas- In regard to the extrance of another refinery in Casper, Colonel Stewart said that, while his organization ald not have a chip on its shoulder, it was possible that thero might be a good fight, due to the resulting competition. With reference to jthe Standard housing plan, it was stated that the same plan in effect at other Standard plants was to be put into effect here —that the company would buy the land, improve it and sell it to the employes of the company at cost, mak- ing it possible for home builders to bortow money at a low rate of inter- est. It is not the intention of the company to build houses for their em- ployes and give them away, but to make it possible for the workers to buy at an advantaegous price. Governor Brooks, in introducing Dr. Burton, the first speaker of the evening, eulogized him as the man whose invention had made the auto- mobile industry possible and asked for the sympathetic co-operation of the Standard Oil company in building up Casper. Dr. Burton spoke of his first visit to Casper nine years ago when the population was 3,000 and emphasized the cordiality which he always had found here. ‘We will do our:part in bullding up the community in the line of industry in which we are engag H. M, Blackmer, president of the STOP THAT COLD WITH TINGLE’S LAXO ASPIRIN At the: first smarting of the ‘eyes or nostrils, when your throat frst tickies—take two tablets of TINGLE'S LAXO A8- PIRIN. Then take one tablet every two hours until bedtim ‘You wfll* have a comfortable might’ Test and awake with every vestige of the cold gone. The salicylic acid of the TINGLE’S LAXO ASPIRIN pro- @uces natural, healthful per- spiratidn which effectively at- sacks the cold. The mild di- tant it coutains, allays all foer of after-discomfore Important too, in combating folds are the laxative qualities ef TINGLE’'S LAXO ASPIRIN. It removes the poisonous toxins of the body and the general tone of the system {s restored to natural healthy condition. Be sure when you ask for Pirin to ask for TINGLE'S LAXO As- PIRIN, the tm- Proved aspirin With the three points: Ite absorbed easily —It relieves pain »ulckly —It's a gentle laxative. pert watchmaker. At Tripeny’s to outsiders $5.00@9.50 Hogs receipts 26,000; mostly 10 to| 6-27-2t —__— j15c higher; spots up more, bulk good ——Try a Tribune classified ad.— UNDERRE AMER TINGLE’S LAXO ASPIRIN’ Ask your drugatst for the Point Box.” Therapeutie rch Laboratories, Washe| lngton, D, G | the misgivings which many people had | when, the plant, an unprecedented dis. jenlarged to a great capacity. sales| business to experienced refiners. CASPER MECCA Midwest Refining company, who start- ea first real refinery in Casper and @Wfatched it grow to its present ity spoke next. He dwelt briefly on the friendly spirit which Casper has always shown his company and of tance from centers of population, was ‘When the plint has been built and the re- fining. industry firmly established here, he was glad of the opportunity to turn over the refining end of the P> C. Nicolaysen, president of the community extension corporation, out- lined the plans of his company for rendering available for Casper people an abundance of lots at a reasonable Price in a well planned suburb of the city. In his brief talk, W. E. Warwick stated that he was proud of the Stand- ard Oil company and in his more than 30 years of association with it, had| ¢ never been asked to do a thing which his conscience told him was not hon- est or right. Mr. Warwick, who rose to his present position through hard work and ability, said that the Stand- ard asked only an honest day's work| } for an honest wage. ‘The last speaker was E. J. Bullock, who said he was most favorably im- pressed by Casper and the energy of the people throughout Wyoming. The meeting, which was cordial through- Gt. out, resulted in a plam statement of | 150. ‘Valley, 6s, la Belle LS roae 93: the position of the Standard Oil com- pany in regard to Casper and cleared the Horizon of several points which | have been vaguely understood by lo- cal residents. FOR CRIMINALS (Continued From Page One.) within the limits of Casper. He will be returned as soon as officials from Kansas City, Kan., arrive. His charge is also based on finances. Even the insane choose Casper as the logical destination. F. R. Spute, escaped from the state asylum for chronic insane at Evanston, Wyo., will leave Casper today in the eom- pany of as asylum attendent. Hardly a week passes that the sher- iff's office is not swamped with tele. grams stating that some notorious crook is believed to be in this vicin- ity. Usually in a short time the man appears in Casper only to be arrested and returned to confinement. “Perhaps some day they'll learn that we get ‘em here just as quickly and sometimes more so than other parts of the state,” was Sheriff Joe Marquis’ stztement. oD NOTICE TO CREDITORS. The Estate of Bertha D. Miller, Deceased. Notice is hereby given that Let- ters Testamentary were, on the 21st day of February, 1921, granted to the undersigned in the above estate, and all persons having claims against the said estate are hereby required to exhibit them with the necessary vouchers for allowance to C. H. Miller, at Casper. Wyoming, within six months from the da‘ hereof or they may be precluded from any benefit from such estate, withi 1922. Anglo Am. nO, 1925...-.103% 103% mission today for permission issue > 102 104 4 1845 107% -108% | 284 sell $5,085,000 in equipment trust 106% 107 Certificates. The money will be used 108 109. | to pay for 6,500 new freight cars and 308% apts 25 ey grack el hee 11% B. & Q., 5 beg / ef og ee 2 125 DRILLING IN OF PINE Stk 7 101% ++ 102%. 102% Miss. Pac., 6s, 1949 Paris L. M. R. R., 68, 1941 5 Un. B. and P., 6s, 1942 . and if sucb claims be not exhibited ‘in one year from date they will be forever barred. f Fa\\ Quotations Furnished by the John U. Fish Securities Corporation, Cheyenne, Wyo, Inquiries Answered. RAIL TRUST CERTIFY WASHINGTON, June 27.—The chi. cago, Milwaukee Bia Asked , 1937 . 100% 100% - 101% 101%, = 99% 100 MOUNTAIN WELL BEGINS The driling in of Holden No. 1 on section 35-33-84 Pine Mountain was started this morning by the Alaska Development company, and a new pro. ducer may be expected within the next few days. The hole was cemented at 1243 feet. Holden No. 2 on the same section is drilling at 900 feet. About fifteen or twenty days wil! be required to com- | plete the hole. The well on school section 36-35-34 which was cemented some time ago €! in an effort to shut off the water, shows some water and consideraiks oil in the baller. Work is being con tinued on this well which will be ca. ried to completion. John Chaney and associates, operat. ing om section 12-34-84 are drilling a: 2,000 feet with good progress obtain. ing. A test 1s now being made on the well drilled by the California Of) com. pany on section 2-34-84. ‘This well is on land owned by the Evans Oil Cor. poration, which is pianning an exten. sive development campaign to by started soon. The latter concern com trols over 2400 acres in this field. toate herd brand 5s, 2013 . - 78, 1930. . 6%8,1936 .. 958 80% 2 117% 102% The first summer school in the coun- try was Harvard summer school 2 which opened in 1869. It still is con 97% ducted. Se A Few Wonderful Bargains in Diamond Dated June 26, 1922. — Cc. H. MILLER, = Adl Below Cost Executor of the Estate of Bertha D. Miller, Deceased. WINTER-HENTHORNE Pub. June 27, July 4, 11 and 18, ‘ Assures yoy that the cement will be placed behind the casing where needed, and cannot become qixed with any other fluid or substance already in the well. WYOMING OIL WELL CEMENTING CO. THE PERKINS PROCESS FOR CEMENTING OIL WELLS Exclusive Licensees for Wyoming. 234 Midwest Bldg., Casper—Phone 1173 Or Phone Snook’s Camp, Salt Creek railroads, period of depression. merce: Commission. Labor Board. The North Western CONFIDENCE IN AMERICA Confidence of men in ‘American institutions has brought prosperity, to the American people. The greatest institution of this country, is its transportation system. The very life of this nation depends on the efficiency of its The Chicago and North Western Railway Company is proud of the fact that the efficiency and loyalty of its employes has enabled the North Western to satisfactorily, discharge its transportation obligations to the public, Any disturbance to the discharge of the North Western’s duty tothe public would seriously retard the recovery. of business from its long The Chicago and North Western Railway Company recognized the necessity of adjusting the disturbed cgnditions under which we are living. It voluntarily made many reductions in freight rates and accepted the reductions ordered by, the Interstate Com- The North Western also accepted —without question—the increase of wages ordered by, the Railroad We believe that North Western employes should show the same willingness as the Company to abide by the orders of the Railroad Labor Board. This adjustment is fair. ‘After the reduction ordered by the Labor Board, North Western employes will be paid a higher scale than labor in other industries. The reductions in rates of grain, hay and other commodities that , were made effective January 1, 1922, together with the reductions effective July 1, 1922, weduces our income—based on our 1921 busi- ness—by $13,900,000. The reduction in wages ordered by, the Railroad Labor Board effective July 1, 1922, reduces our expenses —based on 1921 payrolls — by, $4,100,000. A strike by North Western em- ployes against the decision of the Railroad Labor Board will not only, destroy at once the ‘confidence which the years have given the North Western in its employes, but -it will be a strike against this country’s progress toward pros- perity. We believe that North Western employes will continue their faith in American institutions and let right and wisdom govern their actions.