Casper Daily Tribune Newspaper, July 21, 1922, Page 10

PAGE TEN re Caspet Dallp Cribune REACTION HITS 1A (3 STOCK TRADING) FRIDAY, JULY 21, 1922 PAR. DRILLING IN NEW GUSHER New York Stocks Associated Press Leased Wire. Oil Securities Furnished by Taylor and Clay. MARKET GOSSIP AND FIELD NEWS) WORK BEGINS ON NEW G45 LINE === JAmerican | American | American 1 : = — x American Hide and Leather pfd 70 f Y: a F =: Bay: Fyeshen perk ray Saal Offerings in Excess of Demand 106% Zompletion of Ferris Fielq THERMOPOLIS, Wyo., July 21.—Thermopolis is assured {American Locommtiee 7” and Closing Is Weak 103 TX ee Pending; Drilling of natural gas by September 1. The Thermppolis Gas com-|American Smelting & Refg. .. and Dull. eport Issued. pany, recently organized, has a force of men working on Oe sabre Pn waumscsas tte . 21- line bringing the gas from Golden Eagle dome. American ‘T. and T. . 2 131% | Gow. Guin NEW YORK, July 21.—Ofterings of NOW UDES PERSONAL Te ae enn Couepetation ta a camp of workmen on the line and during the) American Tobacco -+++ 143% | Domino . leading stocks were in excess of the drilling in a well today tn Balt Cree ‘ ; Nitch-di : iS hel American Woolen .. 90% | Elihorn 4 demand today, with consequent reac- but no estimate can yet be made oa we the ditch-digging machines was unloaded .atjAnaconae Capper. 53% |B. T. Wiliams - tion in many issues, particularly. in- SERVICE OR ATIONS production. One well is betng aban. pA a few miles north, and put to » Sg bodes dustrials and specialties. .. Sales ap- doned in Ferris. The gas well in Sang AtL, Gulf anc ‘est Indies B B proximated 700,000 shares. idwin Locomotive Prices rallied feebly on the strength timere and Ohio Draw which has caused so much trouble by the high pressure blowing Jupiter . DEPRESS GRAINS Be Rt Under the Reveriue Act of 1921 he mud has finally been Baltime x —_ rile by Atlantic Coast Line and Louisville ted mi ccetonges we Sotes- : feta sees Me Tames Crock MGs ae and Nashville, but the market tater enacted by Congress, the Capita’ Stock | uly shut off and drilling to the lowes olis Gas company, when asked as to|Central Leather tusk Royalty ; ‘02 lapsed into dullness. Closing was q| TSX bas been changed somewhat ac-|sands, which are believed to be sil the quantity, stated that there ts gas|Chandier Motors r Preston 01% heavy. b= = betas welbbo i enough to supply the whole state of| Chesapeake and Ohio = Mike Henry .-..) Mountain & Guilt Nortwest Outwest bearings, is now progressing with rotary. Standing of the various operations in the state is as follows. Salt Creek. No. 6, section 30-40-78, standing co. mented at 2,035 feet. No, 8, section 30-40-78, pulling 10. inch casing. No. 7, section 30-40-78, dritiing today, Public accountant wherein personal service corporations who were in the tax exempt class uncer the old law are now required to pay a capital stock tax. There are also several changes effecting insurance companies and with respect to time for refund of thiy tax and Itmitation period for its as- sessment. This tax on corporations is based on the net worth of the corpcr- ation; the outside sales of its stock on recognized exchanges or the average annual income with relation to its Wyoming. On the strength of’ cheap- er and more convenient fuel the cham- b Chicago, Mil *hicago, R. Chino Copper Colorado Fuel |Corn Products ., Crucible Steel NEW YORK, July 21.—Aside trom fractional recessions in several of the leading rails and coalers, initial quo- tations in the stock market today in- dicated further indifference on .the part of traders to the more serious | Di f labor situation. Mexican Petroleum, |Framerican, 7 Gulf States and American Ice at gains| French Gov., 8 of one to two points, were the con- structive features with renewed buy- ing of equipments, coppérs, leathers and textiles in moderate volume. er of commerce has hopes of interest- ing a number of manufacturing plants, one for the manufacture Riverton Refg. ". Royalty & Produ arish Crop Reports Also Pacte n C g Decline lose. iy Mammoth Spuds In No, 2. | Goodrich Co. ... Mammoth Of company has tinue certey PEt Jed tn tts No. 2 on section 29-39-] o 101% 110% 100% Werts. No. 2, section’ 2-26-87, drilling at 3235 feet. Carrying 5 3-1 e 4 300 ooo — moh casing. 4 A r >, ‘ 10 capitalization. corporations tn ex-| > 7-26-89, 8, in the Teapot reserve, and No. 1|Intsrnational starvester S. siemens eal beset} gpccre$ ws 8% listence prior to June 30, whether ac] wo. settee Tass, ailing in i on the northw arter of 2 73 * Yestern States 27 s s . tg. ia “new aaazea ithe Seed hae ee OMT ss. oe , 16 tems prominent motors ‘were fraction: and, 4%45, 1925 92% | tle oF Inactive must flo « report with Mahoney Dome, R c ring the 500-foot level. | Internatior = bi ally lower. United States Rubi = , 6s, 1949 99% | the collector of Internal Revenue at} No. 2, section 1-25-88, drilling at t Aérricks are now compléte in| Invincible 35 NEW YOrn cURM CLOSING. y Jower. Unites States Rubber tose} Miss: Fac, €s, 1840, 86% |Cheyenne before July 1, 1922. In‘\aa%0 rest. the field and No. 4 is being rigged up.| Kelly Springfield Tire Mosntain Producers $ 14.37 $ 14.75)% polnt, probably as m result of re-}37 DOG, Jt, 6% 105% | formation and blanks can be procured} ‘No, 1, section 33-26-88, stralghtenin, Material for several more {son the|ennecott Copper . Merritt ...... +98 9.25] ports of a fortscoming reduction tn|x y. Cen., 6a, 2013 94% | trom the office of any public account- hole at 1,233 fret. 3 S ground and operations will soon Be w.|Loulsville and Nash Glenrock 1.25 1.81] the crude product. Foreign exchanges. K 109% bad hole at 1,283 fret. pilots > gaa UN-! Mexican Petroleum Salt Creek 15.50| wore slightly higher on the. better 107% Rig over well No, 1, suction 24-26-88, der way on a cale. Miam! Copper Salt Creek Cons, .... 2 tone of the London murket. & 109 was destroyed by fire night of July . = Prod. and Refrs. Bates Park Tost to Start. In the first hour's fairly large deal- ey ings in Mexican Petroleum extended its advance to 3 points and a few other leaders mado additional gains. Selling Yes, 193 16th. Paris L. M. R. R., 68, 1958 Queensiand, 68, 1947 .... Queensland 6s 1947 Now rebulding. Ferris. The camp {s completed, rig erected! . and everything in readiness for spud. ding in the Bafes Park test well which| York Central No. 6, secticn 25-26-87, drilling at N. H,, and Hartford . tlement of 1,460 feet. : Early transac "PIPELINE NEAR 0, Indian 5 Seine 7s, 1942 ory = ; will be started within a few days eM ok Cittes Service Com ‘of speciaitice then got in and. many c i tone & Section 25.2687, driiling at 50 were at a decided ¢ This is a joint test of Boned | be . car! ins . pon! t nding that rece! ergy Re poe Bear | cou 4 points, preteure Sy maine ine section 25-26-87, drilling at 1 ; ‘ or shares increased and domestic * ' ¥ Victor-Wyoming Ol company, located} S| 1 No, 10, section 25-26-87, spu: 1 ’ car shortes®|on the northeast corner of section 981-| Decaiie Leavy. Risaie kaneninaets NoGhasttion SSSE8T Gow coven. and hedg'ns | 81. The first sand is expected hi t G ~ retin i nales were quickly absorbed ty ship-| 399 feet while the big pay ta looked fac| also fell back and rails, including *sev- The Western Pipeline company has| No 25, section 25-26-87, now on ping Interests here. The opening which | 9+ around 1,806 vs ay cond: 4kn eral of the coalers, were reactionary. completed its eight-inch lUne a distance | PUMP. ranged from % to %o higher (2 Third 4%6 Coppers as a group held firm with| Pac, Tel. & T 1952. of 29 miles, extending four miles north| No. 12, section 26-26-87, drilling at September $1.12% to $1.12% a Rock River Test Contracted. Fourth 44s. Mercantile Marine preferred and In-| Union B. & P., 63, 1942 - of the Midwest's Teapot pumping sta-| 1300 feet. f umber $1.14%4 to $1.14%, was follor . aa On - ; | Victor 4%s dustrial alcohol. Call money opened tion and it is now ready for a test} No. 1, section 35-26-87, pulling casing om $ ‘The Dutton Creek Of and Gas corh ie by moderate further gains and then q pany has given « 21 and renewed into next week at four to bandon, ; lease on section 28- hich will probably be mad Athi: wi DP y le within a Deoe. week. somuhing of a reaction , near Rock River, to R. C Mc-| cl ‘ageing six months 4@4%; mercantile ently, now bustness * Shorts engaged in a general raid on|° Misting ota Soe MELA cassettes: No.. 4, section 14-82-96, gas is now ona Targe ovale wan announced as | C7" nae egress, to aril Se toe alatt fatandera On tent a the list at mid-day. Mexican Petrol-|P*P** 4@4%- of a single eight, which will be fifteen | Shut in and well going ahead with t underwent @/ Richardson No. 2 1s making 460 bem|aorege ees 30% | Mule Creek Crucible, Studebaker, United States|" mun’ steady; spot $31.87; futures) Four 65,000 barrel tanks have been ‘Rubber.and United Fruit fell 1 to 2 points. Atlantic Coast Line and Loui ville.and Nashville at gains of 1% to rels at 2,263 feet with the bit 45 feet} in the sand. This well will probably Pleted today and should show| U: 15% | Big Muddy ) 14214 / Salt Creek 64% | Rock Creé¢k 2 ine ont $31.87. Transcontinental Iron—Steady and unche.nged. Lead—Quiet; spot $5.70a5.75. purchased from the Graver corpora- tion of East Chicago, Ind., and are now fn transit to this point. Two of were firmer with WYOMING OILS| | 3 points respectively, were marked ex- ; Bast St, Louis. spot| these containers will be erected at the Septembe tput of around 1,000 barrels when} fs | Osage Sing—Firmer tte . ae Saget hia Wall sa Jobated wacaeale 614% | Lander ceptions to the, lower’ trend. ‘and nearby delivery $5.80a$5.85. Caspefterminal, west of the city, one] NEW YORK, July 21—(By The As started unchanged to %c higher, Sep-| southwest quarter et "65 Antimony—Spot $5.00a$5.25. at the Midwest's’ Teapot pumping sta- {tion and one at the No, 1 pumping sta- 5-39-79, sociated Press.)—Prices of Wyoming tember 36,and held close to the 1 Batt Creek. | Foreign Exchange Firm. olls at 2 p. m. today were listed om = : tion in the Salt Creek field. the New York curb as follows: figures Great Britain—Demand 4.45%; Silver. > Brisk export business helped the cables 4.45%; 60 day bills on banks| NEW YORK, July 21—Foreign bar} Calls for bids for the erection of| Boston-Wyoming 78; Fensiand 15% corn upward wheat ight —. 4.43% eilver 69%c; Mexican dollars 53%c. these receptacles will be issued on Sat-| Glenrock 1%; Merritt 9%; Mountata : head torsecaie. 7a he | Metres | f mee ‘ icra urday and upon their arrival, work|Producers 14%; Mutual 9; Mew Yorlc prices beg to reced Then t - Petroleum ¥, | Hamilton ncee—Demand 8.41%; cables 8. 4 ila *. norn market weakened, and the close | Montana Power 1 | Cat Creek — TtalyDemand 4.€6; cables 4.05%. Sugar, will be started immediately that they] 20; Omar 1%; Salt Creek 15%, was easy, at a shade to %c net de- Shattuck Arizona - Beigium—Demand “7.96%; cables] NEW YORK, July 21—Suear to: may iDh ie ple by the time the line eens.) with Repteriber :C6sco 1th Paw whicag> & Nort one of whiol. its gas absorption plant | 7.97. turea closed steady. approximate sales aad r qc Sreipth are bitte Actes owt wilt be located. No information was| Germany—Demand 20%, rubles 20%. 167,700 tons. ‘The market for refined Fete do z and Loca tions Exovisions went upward with hogs W YORK, July 21—Allen A | given out as to the location decided], Holland—Demand 38.8 cables | sugar was firmer and prices were tn- + “WE PAY THE LOSS” ecologists 5 e oes panties wiivetone hee Whe Jupon but that decision will to forth-| 28.90. ‘ changed to 20 potabelina ee a aes Oil Field Maps, Blue Prints Tope erate taiew. eciaee fied in tederat court a voiwn:|| With the Oil Men ||cmins within te next few dey” | Norway—Demand 16.62 granutated-now quoted from $6.80 te Pelton & Hemry ||| WYOMING MAP. AND le igh. sO. ’s len 2) Swe \—] 95. | $6.90. WHEAT— y petition in bankruptcy. ° . i Deamark—Demand 21.58, Refined futures were nominal. Insurance and Bonds eae P taser Saly _ _ - 118% 1.14% .1.12% 1.13 Mr. Ryan, who 1s the son of Thomas IG L ne P. Te Switserland-=Demand 19.15. tui are ‘All Lines . O. Box Bop. ~~ = 112% 112% 120% 140% | Fortine and who two years age fig pulllapd reports tho itenseneenice eal asou rice Spain—Demand 15-58. London Money. Room #4, ° Townsend: Building Room 10, Daly Bldg. x % din the 1 oh a " | thx ops ey Seamus ers [meen yee ee In Oregon Cut) 23523283 8%. peg) bate pbetiany July ~-- 638% an Serine yr perce and assets exceeding The pasty coatneeies wine ae ‘Czezcho-Slovakia—Demand 2.18, Rope hernee te 1% os ee three 6 -6! - 64% D . . < 4 .. 3 > er cen! Best “sist pebrcer daeety ry) pesacle 2 ler, W. B. Lockhart, C. E, Heineman _—— Areentiie= -Detomng 28.60, months 1 1616@2 per cent. es and C. F, Carnine of Producers & Re-| PORTLAND, Ore., July 21-—Gaso- al— : i In Parag the women outnumber = = B64 34% 2M 22% | EOE, receipts 18,000; active; mostly “iNet CoFPeration, left Inst might tor |1ine prices have been reduced one-hair| Mont eee tho men several times over For Representative In Legislature ‘ TI I 86” 26 34M (34% bys folate Melee: coos eeamomtly|the Ferris and Wertz fields in Carbon|cent a gallon-in territory'in Oregon r SEN Ee Ad ‘P! | ite 5 o. ay are aT } ; .| county and will continue from there| outside of Portland, due to reduced loney. Make someone happy. Send a greet- eat Pebtee: suacauve corse to Rock Springs and to headquarters freight rates effective-July 1, accord-| NEW YORK, July 21—Call money |ing card. We have the Gibson line. I hereby announce myself-as a candidate on the 32.50 11.60 11.45 | FON geeoapi0.o0s ples gteads go strong |8t Denver. While here the party|ing to announcement by four leading | steady; high -4i low 4; muling rate 4:|"The Mills Co., 240. Second. 7-20-2t Republican ticket for the office of Representative in 11.55 11.47 11.50 ROCESS Dike ateey looked over the different tracts of land| ofl companies. Crude and fuel of! was| closing ; offered at 4%; last loan ail en a eee it G00; medium’ HOGI, hehe | Bed_under option by the company, on reduced 26 cents a barrel, 4. call loans against acceptance 8%; ‘Meet me at the Smokehouse.” aes Siated oui Mare rear Nata. Com ifs a SOSE ---— —.— 1-0 | $10.90@11.00; light lignt $10.40@10.95: OT <> eee EEE 2 ee : to be held August 22, 1922. : - 1090 ——~ —— 11.00 | decking sows smooth $8.35@9.10; pack- c ing sows rough $7.75@8.50; killing pigs |p Potatoes. $9.50@10.50, Sheep, receipts 12,000; half receipts ct tu packers; lambs slow; weak to lower; top natives $12.60; bidding $12.50; mostly for best with heavy sorts; no westerns sold: offering’ 25c lower; best bid $13.00; sheep slow to| CHICAGO, July 21.—Potatoes good; receipts 78 cars; cars on track IB4; to- tal United States shipments 595 cars; market slightly strong on barrel: steady on sacks. Eastern shore, Vir- ginia and Maryland/Irish cobblers $3.86 Marvin Bishop, Jr. mostly $4.00@4.10; Kansas| jowor, 4 Irish cobblers $1.95@2.05; "1 early Ohios, poorly graced and Omaha Guotations. dirty $1.25@1.50; one car of New Jer} omaHa, Neb. July 21—(CTnite|fl sacks, Irish cobblers $23 Minnesota early Ohios, no ported. States Bureau of Agricultural nomics.}—Hogs—Receipts 9,500; most- ly 10c higher than yesterday's aver- age; 200 to 325 pound butchers $9.40 @10.40; top $10.55; mixed and pack- ing, grades $7.756@8.85. Cattlo—Recelpte 2,100; beef steers} Eco-| I hereby announce ntyself as a Sandidate for the office of County Commissioner of Natrona County, for the two-year’term, on the Republican ticket, subject to the will of:the voters at the regular primary elec- tion, August 22 1922. sales re- We are making a clean sweep of all Summer merchandise. We want to impress upon you that this is indeed an out-of-the-ordinary sale. The past week’s business greatly ex- ceeded our expectations. In view of the unprecedented support Casper shoppers have given Butter, Eggs, Poultry. CHICAGO, July 21.—Butter lower; extras 84c; firsts 30@33c andards 3349 a4 ph : ies Soren: = : f full loads ‘beet steers #10; tow neal this sale, we have left no stone unturned to giveeven bargains for tomorrow and‘next week. Earl C. Boyle unchanged; receipts 16,631) ¢19.95; pulls about 25¢ lower; other d displ Fait reak; fowls 21%; broilers | “!88e3 of stock generally steady. See our window isp ay. Sheep—Receipts 10,000; market 15c| to 25c lower; top lambs $12.50; ewe top 0; early sales feeding Iambs| $12 down. | Tc; roosters 14c. —— CLEAN SWEEP SALE OF MEN’S CLOTHING In order to make room for our Fall Clothing every Suit in the store will be sold at a Denver Prices. DENVER, Colo. July 21—cattle|§ sacrifice price. We have divided our Clothing in six groups to sell at Chicago Prices. seats §7.00G0S0; coed ant holfers| I hereby announce myself as a candidate for the CHICAGO, July 2 U $5.00@8.25; calves $5.00@8.00; buils $10 $14.95 $17.50 $20.00 $25 $30 $34.50 office of County Commissioner of-Natrona County, for Bureau of Agric $2.00@4.50; stockers and feeders $4.75} the four-year term, on the Republican ticket, subject Cat ceipts @6.00. 5 to the will of the voters at the regular primary elec- a. Hogs, receipts 352; ‘ket steady; i LEAN SWEEP OF Men’s Caps. Latest styles fio bulk beef cows| top $9.90; bulk 918@9.40. rat Special on Blue Denim © Z Mt tion, August 22, 1922. . Charles A. Cullen and het cutters bulls aro canners and bologna veal calves and patterns. $1.50 val- wes 9 * v5) e at White High 5c —— Men’s Silk and Khaki Hats. Sale 30e price —_.. Men’s Blue Cheviot Work sizes, af. 49 Sheep, receipts none; market un-| changed; ewes $5.00@6.00; spring} lambs $12.00@13.00. FLOW INCREASES AS NEW YORK OIL PENETRATES SAND IN TEST The New York Oil company test well on the southwest | quarter of section 34-34-88, South Casper creek is now about! 100 feet in the Tensleep with production gaining as the bit | £ es. Its present depth is 2,660 feet in the sand, which} is estimated at being 250 feet in thickness and heavily sat-| urated al] the way. No water or gas has yet been encoun-| MEN’S SHOES AND OXFORDS Divided into seven big lots for quick selling, as follows: $1.45 $1.85 $2.50 $4.50 $3.95 $6.00 and $7.00 Hundreds of Wonderful Bargains in Men’s Furnishings and Shoes Come Prepared to Get the Best Values Offered in Casper. Jackets. Clean Sweep price can 75C Men’s Fedora Hats. Clean Sweep $4.50@ 4.60; Men’s Overalls, back. 220 weight. back, a Men’s Canvas Gloves at.__... Building Materials Leather-faced Weare equipped with the stock to supply. your wants in high grade lumber and build- Men’s Khaki Pants at ut __.98¢e | ers’ supplies. Rig timbers a specialty. {Sow tater than 200 bartew daily, anil be completed within tho nest Yow | Men's Straw Hats. While yw Men's Balbriggan “Union aoe arrels daily, an} Will be comple! = a J \ 8% { cood well will be the result] as ene spingel 4. 00Z0 5e . = a ee KEITH LUMB ¥ |Top test on section 30-32-81 at 1350| : Co. i Po tiae tai er eee oo ‘the | Men’s Khaki Coveralls. Men’s Soft:Collars on sale, F [rene, os Cute tener Ra oe Good 250 and 850 Phone 3 The Boone. edome test on the south: quality .. - $1.95 values, at... 123e 5 | west quarter of section 10-35-85 1s co The last job has ap-i menting a small cave at 4602 feet, Fe z