Casper Daily Tribune Newspaper, August 4, 1922, Page 10

, AC r r PAGE TEN ACTIVITY IN SOUTHERN PART OF SALT GREEK WHEAT PRICES GHIN STRENGTH Advance Scored in Early Rally on Chicago Exchange Is Maintained. CHICAGO, Aug. 4.—Wheat took a decided upward swing in price today g the early dealing, most of the being apparently the result s to have farmers hold back Bulls were also inclined to stress sip about car shortage and lack of the supply. Opening prices t from %c to 14% higher with September $1.06 to $1.06% and December $1.03 to $1.08% were soon owed by material additional gains. fons took place at times, but a’l were succeeded moderate ral was firm, 1% with September $1.03% and December, $1.09 to net higher, $1.08% Corn and oats were firmer with wheat. After opening %c to Se high er, September 61%c to 61%c the corn market continued to climb Damage from drought in parts of} South Dakota and Minnesota had some bullish effect. The close was firm, “ec to 1\%c net higher with Sep. tember, 62% to 62%. Oats started a shade to Mc higher, September 33%0 and Inter made fur- ther gains. Provisions lacked support. Wheat— Open. High. Low. Close. 1.08% 1.06 1.08% 1.09% 1.08 109 1.14% 1.12% 1.18% Corn— Sept. 02% 61% 62% Dec. 7% «58% 57% .B8K May -—-- 1% 61% ,61% .61% Oate— Sept. 33% 38% 33% Dec. 36% 35% 36% May 39% 39% 39% Lard— 22.256 11.28 1213 11.17 11.25 11,30 11.20 11.22 10.25 10.85 10.25 10.30 Butter, Eggs and Poultry. . CHICAGO, Aug. 4.—Butter—Mar ket unsettled; creamery extras, firsts, 29@32%c; seconds, 27% @28c; standards, 38%c. Eges—Market unchanged; receipts, 11,003 cases. Alive Poultry—Higher; fowts, 16@ 22%%c;"broilers, 2144@27c; roosters, 14. Potatoes. CHICAGO, Aug. 4.—Potatoes—Mar ket steady; receipts 48 cars; United States shipments, 493; eastern shore. Virginia barrel cobblers, $2.35@2.90; New Jersey’ sacked cobblers, $1.60 cwt,; Kansas sacked cobble $1.00@ 110 cwt.; poor quality, 85@9%6e cwt.; Minnesota, sacked Barly Ohios, $1.16 @1:26 owt Livestock Mart Chicago Prices. CHICAGO, Aug. 4.—(United States Bureau of Agricultural Economics)}— Cattle—Recelpts 3,500 heed; market fairly active; beef steers, strong; qual- ity plain; top yearlings and matured steers, $10.40; bulk beef steers, $8.50@ 16.00; bulls, 15@25¢ lower; other classes generally steady; bulk butcher cows and heifers, $5.25@7.00; canners and cutters, mostly 3.26@4.00; bologna bulls, largely $4.00@4.25; bulk vealers, $10.05@10.75. Hogs—Recetpts 19,000 head; market steady to strong; spots higher; bulk of good light and light butchers, $10.75 @10.80; tow Ughts, $10.90; one load 165-pound averages, $11.00 out of line; bulk 225 to 250-pound butchers, $10.00 @10.60; good 300-pound butchers, $9.50; desirable 300-pound packing sows, mostly $8.35@8.50; heavies and roughs, mostly $8.00 down; pigs, steady to strong; heavy, $9.50@10.10; medium, $9.90@10.85; light, $10.70@ 10.90; light light, $10.60@10.85; pack- ing sows, smpoth, $7.75@8.50; kill- ing pigs, $9:50@10.60. Sheep—Roeceipts 8,000 head; fat lambs, strong to 15c higher; top na- tives, $12.85 to city butchers; $12.75 to packers; cull natives, mostly $3.50 @9.00; fairly good Oregon lambs, $12.85; no cholce westerns here; good 61-pound Oregon feeding lambs, steady to $12.50; sheep, scarce; gener- ally steady, Omaha Quotations. OMAHA, Aug. 4.—Hogs—Receipts, 7,000 head; market steady to 10c low er; bulk mixed and packing grades, $7.50) bulk butcher grades, $9.25 @10.15; top, $10.30. Cattle—Reoeipts, 2,100, all classes gemerally steady; best steers included, $10.20; yearlings, $10.15; bulk all weights, $8.75@10.00: grass steers $6.90@7.50; cows and heifers, $4.50@ 5.75; bologna bulls $4.00%4.25; beet bulls, $4.50@6.50; stockers and feed- ers, $6.00@7.50. Sheep—Receipts 5,500; fed citpped lambs, 250 higher; bulk, $12.25@12.40; ther lambs, sheep and feeders, steady; bulk western lambs, $12.65; top, $12.75, Denver Prices. DENVER, Colo., Aug. 4—Cattle, re- market steady; boof steers cows and heifers 5.75@ ; calves $6.00@9.00; bulls $2.50@ 4.50; stockers and feeders $5.00@6.50. Hogs, receipts 336; market steady; bulk one load at-$10.15; one load at $8.75 423; market steady; 3; ewes $5.00@6.50 34c;| wait of two and one-half ar FIELD (5 AMAZING New Derricks Dot Landscape of Premier District, Scores of Drills Pounding. To one who has been absent from the Salt Creek district for any length of time, the increased activity in that area is almost unbelieveable, not only in the older part of the field but es- pecially in the southern part where new development is going on at a rapid pace. In the main or older part of the field, new derricks are in evidence in the southern part, where a year it was deemed foolish to even ink of getting of! there are at least twenty-five or thirty rigs, with more going up, and a portion of these al- ready having attained production. On theouthwest quarter of section 19-39-78, where the Mosher Salt Creek syndicate pioneered the way and brought in good production in the face of ridicule and predictions of fail- ure, that concern now has its No. 2 sixty-three feet in the sand at 2,921 feet and ts preparing to shoot the sell with 1,500 feet of off in the casing. It is expected that this will be done to- day. Inland Of! and Refining is drilling an offset to the No. 1 on the north and is also preparing to drill on sec- tion 14 and on the northwest quarter of section 23-39-7 The Derrick Ot; company of Doug- las has spudded in on section 14 and the Evans Oil corporation has mater- ial for camp and derrick spotted on |the southeast quarter of 23 which is the farthest point nouthwest in the field that drilling has been attempted and should prove hundreds of acres ot additional territory. The trend of production at present is in that direc- tion and success seems assured at this operation. East of the Mosher wells on the same section, Dr. Dugan and Pitts- burgh associates have cement set at the second Wall Creek and drilling in is expected to start today. Cornering on sections 17 and 20 the Obio has three wells, one of which was completed last week and te other two nearing the pay. It also has another cemented further south of 20 which {s standing cemented and will be completed soon. Better produc- tion is expected in this hole than in the recent completion as formations drilled are the same as in the Fens- land's gusher on the Bywater lease a short distance north and east whick came in with a 5,000 barrel flow and is still maintaining its flush produc- tion. Fensland’s Bywater No. 2 oft- seiting the No. 1 on the east is set- ting 8%-inch casing at 2.407 feet. A three weeks will be necessary for cement to set before this well can be drilled in. Lawrence No. 1 offsetting the Ohio on the north is drilling at 1,980 feet, a steel rig being used in this operation. The Fensland is doing considerable building on this lease and has a camp of practically all steel construction, A gas trap has been installed in the Bywater 1, and that product 1s now being used for light- ing and fuel purposes in the various camp buildings. A dirt reservoir ts now being constructed about a mile and a half south and west of thie camp which when completed will have a capacity of 660,000 barrels. ‘This will be the basis of a water sup- ply for the company from which pipes will be run to all operations in the field. On the southwest quarter of 16 the Glenrock is drilling an offset to Mam- moth No. 1 and is now nearing the Wall Creek. The Marine Oil com- pany is also drilling in this section. On the southeast quarter of section 20-39-78, the Mutual Qil company was drilling until Wednesday when the bloodiess battle of the Teapot was waged by five ‘Marines, two drillers, ady and a reporter. At the time operation ceased at this location the hole was down 2,376 foet with the casing landed at 2,208. At last reports the completion date’ of this well was held as beg ex- tremely indefinite. Extending south and east;from this site, the Mammoth Of] company has ten rigs up being well scattered and covering a wide range of terrttery, three of which are drilling. About two miles south of the,3fam- moth No. 1 the Tarrant syndicate rig can be seen standing on top of the escarpment on the west side of the structure and outside the withdrawal. Latest reports indicated that good progress was obtaining. South from the field on the Beaton homestead,:the town of Teapot is tak- ling on airs and with buildings being erected, streets named and graded, it \has all the earnmarks of a coming | metropolis. This land consisting of |160 acres which are deeded has been cut into town lots and placed on the |market with no restrictions from the government and is se with a | ready sale. The south end of the Salt Creek istrict is at last coming into its own. INLAND DRILLS ~NEW GUSHER | The Tlend OM and Refining com- |pany 1s completing a well in Salt |Creek, known as Brown No. 1 and |located on the west half of section | 82-40-78. ‘The top of the second Wall | Creek was cut at 2,470 fest and after | penetrating this for a distance of 22 fect a shale break was enocuntered which lasted for a depth of 81 feet. The bit is now in the sand at 2,553 |feet with production making 85 bar- rels during the past twenty-four hours | Drilling will be contizrued. Following is status.of other-opera- tions of the company: Black No. 5, northeast quarter of jsection 30-40-78, preparing to rece- everywhere and more butlding, while| New York Stocks | autied Chemical & Dye ... JAllis Chalmers [American Ber American Car a Hide & Leather pfd . International Corp . locomotive . Smelting and Refg. | American | American American | Anaconda Atchison | Atl, Guilt an Baldwin Locomotive Baltimore and Ohio . | Bethlehem Steel “B* Canadian Pacific . Central Leather . |Chandler Motors . | Chesapeake and Ohio . | Chicago, Mil. and St. Paw a | Chino Copper Colorado Fuel ani Corn Products . Crucible Steel | Erie | Famous Players Lasky |General Asphalt . |@eneral Electric . |General Motors | Goodrich Co. . ;Great Northern pfd. |TlMnois Central ex div - Inspiration Copper International Harvester Int. Mer. Marine pfd. . International Paper .. [Invincible Oil .. {Kelly Springfield Tire . | Kennecott Copper .. Louisville and Nashville ~. Mexican Petroleum \Mtam! Copper . | Middle States Of! Midvale Steel Missouri Pacific . New York Central N. ¥., N. H., and Hartford - Norfolk and Western Northern Pacific ... Oklahoma Prod and Ref. . Pacific Oil People’s Gas . Pure On . |Ray Consolidated Copper | Reading . Rep. Iron and Bteel . Royal Dutch, N. ¥. Sears Rosbuck . Sinclair Con OM Southern Pacific Southern Railway Standard Oil of ae Stufebaker Corporation Tennessee Copper . Texas Co. . Texas and Pacific Tobacco Products . Transcontinental Of! Union Pacific . United Retail Stores U. 8. Ind. Alcohol . - United States Rubber United States Steel . Utah Copper . Westinghouse El Willys Overland . | American Zinc, Lead Butte and Superior - ‘ala Petroleum Montana Power Shattuck Arizona Great Northern Ore .. thicago and Northwest Maxwell Motors P. Af. HAS WELL ON TOP OF SAND Producers and \Refinera corporation has one well ready to drill in at Salt Creek, known as well No. 6 on sec- tion 30-40-78, and the completion willl probably be made within the next few days. Well No. 8 on the same section has reached a depth of 2,230 feet at which point it will be ce- mented. Other wells of the company are re- ported as follows: Wertz. section 1-26-89, drilling at No. 2, 3,285 feet. No. 3, section 7-26-89, drilling at 80 feet. Ferris. No. 5, section 25-26-87, being deep- ened. Now at 1,616 feet. No. 3, section 26-26-87, drilling at 785 feet. No. 8, section 25-26-87, underream- ing at 630 feet. No. 10, section -25-26-87, rifting at 545 feet. No. 12, sectton 26-26-87, landed 10- inch casing at 1353 feet. Sand Draw. No. 4, section 1432-95, drilling with rotary at 2,872 feet. Mahoney No. 2, section 4-25-88, 1,550 feet. No.-1, section 84-26-88, new-rig com- pleted to replace one destroyed by fire and drilling at 1,880 feet. No. 1, section $3-2648, ready to epud in. ériliing ot —— WYOMING OILS NEW YORK, Aug. 4.—Prices of ‘Wyoming oils at 2 p. m. today were Usted on the New York curb as fol- lows: Boston-Wyoming, 78; Glenrock, 1%c; Merritt, 8%c; Mountain, Produs- ers 14%c; Mutual 9%c; Omah 1%c. ment. at 2,295 feet, the former job fafl- ing to hold. Black No. 6, northeast quarter of 30-40-78, baling for water test at 2,1 155 feet. Norris No. 2, southeast quarter of 18-40-78, shut down for cement to set at 2,320 feet. Shoup No, 3, southeast querter of section 29-40-78, drilling out plug to recement at 2,869 feet. Geary Dome test, drifling-at 4,225 feet. Surveying and ‘Locations Geologists Oil Oil Field Maps, Blue Prints WYOMING MAP AND BLUE?PRINT CO. P. O. Box 325 Room 10, Daly Bldg. zo 38 |Best Prices of Day Are Re- corded in Last Hour’s Tra. ing in New York. 11s “00% | NEW YORK, Aug. ¢—zusness 4 jon the stock ex 07 Joontinued to be of a light and “03 | professional character with no pro- nounced changes from the cveven tone of the past few days. Earlier irregularity was followed by = mod- uous strength was shown by the mer- chandise, chemical and independent steel shares, together with some of the high clags rails. Woolworth was up 6% points to a new high. The close was strong. NEW YORK, Aug. 4—Stocks in which there was @ protecting short Interest made good headway in the initial Gealings on the stock exchange today. Elsewhere the trading showed some hesitation with railroad issues quoted both above and below yester- day's final figures. New high rec- ords were achieved by some of the recently strong features including Corn Products, Woolworth, Western Union and Rand Mines. Otls were ad- vanced vigorously despite the an- nouncement of further cuts in crude Soil pices. Mexican Petroloum ad- vanced 2%, Pan-American and Barns. dal Al and Standard Otln of California and New Jersey half point each. Woolworth was up 1%; Corn Products 1% and Rand Mines a point. Pres- ‘Western Exploration United W: New York Oll . Fensland it a point lower while Unton Pacific and Kayser were down 1 and J% respectively. The market turned heavy tn the first hour, short sellli pressure ve- Ing directed chiefly against forelgn otls, motors and some of the rails. Mexican Petroleum reacted 3 points from its early high and Pan-American Otl was down 2 points. Chandler lost 1% points, Maxwell Motors 1% and Studebaker 1. Material losses were also made by Kayser, Lorillard To- bacco and Marine Preferred. Weak- ness in the rail group was confined largely to Norfolk & Western, Balti- more & Ohio, Delaware & Hudson, and 3% points, respectively, while St. Louis preferred, which softened 1 to nearly 2 points. Towards noon the selling movement was checked and a brisk demand set in for domes- tio oils and high grade specialties. Houston Oil, Standard Oll of New Jer sey, and the two issues of Barnsdall were up 1 to 2 points, with similar gains being scored by Crucible and American Car and Foundry. Adams and American Express were up 3% end 8% points, respectively, whie ‘Wootworth and Western Union ex- tended their carly gains. Call money opened at 4 per cent. A reduction in the call monoy-rate to 3% per cent and a rebound in Mex- feam Petrpleum ito well above the high price of the forenoon intimidated the short interest into covering ex- tensively in the balance of the list. Low priced railroads like St. Paul Horn county, underreaming at 1,490/common and preferred, Pere Mar- feet. quette and Pittsburgh and West Vir- Howard No. 3, section -18-39-78, Salt/ginia were in demand, as were a wide Creek, drilling at 3,683 feet. assortment of specialties. American Market Gossip Carter Starts New Hole. ‘he Carter Oil company spudded in a new hole in Salt Creek during the week it being.located on the-north- West quarter of section 5-39-78 and it now is at a depth of 185 feet. Other operation <i the-company follow. Powleson No. 1, section 3-65-97, Big today | futures 37.62. NEW YORK, wiver, 69%; NEW YORK, Aug. 4—Copper firm: electrolytic spot and futures 14@14%4c. Tin firmer; spot and nearby 22.50; Iron nearby . Antimony spot 5.25@5.62. Italy Gemand 4.62%; cables 4.63. Belgium demand 7.16%>cables!f.77. Germany demand .13%; cables..14. Holland demand Switzerland demand 19.00. Spain demand 15.52. Money. NP. NEW YORK, Aug. 4—CeN money, | ruling rate, 4; easier; high, 4; low, closing did, 3; offered at 3%; last loan, call loans against acceptances, 3%;) time loans, firm; 60 and 90 days, 4; six months, 4%; prime mercantile paper, 404%. Sugar. NEW YORK, Aug. 4—Suger fu- tures closed steady: sales approximate sure against Marine Preferred forced] 1500 tons. There were no changes, S. W. Bell Tel., 76, ae . in refined sugar with fine granulated | Usted at $7.00@7.10. Only a moderate inquiry was reported. .. __ Rendon Money. LONDON, Aug. 4—Bar silver, 35144 per ounce; money, 1% per cent. Dis- count rates, short bills, 2% @2 3-16 per cent; threemonths billa 2% per cent. UNION PACIFIC SHOPS AND EMPLOYES GIVEN INJUNCTION PROTECTION CHEYENNE, Wyo., Aug. 4. — The Union Pacifico Railrond company in United States court here secured an injustion restraining striking shop- craft workers from interfering with operations of its trains and shops in ‘Wyoming. ‘The injuction was granted by Judge T. B. Kennedy on an appli- cation supported by numerous affida- vits setting fagth instances of inter- ference at Cheyenne, Laramie, Raw- \ins, Green River ‘and Evanston. CONNOR TRANSFER Wherever There’s an are never closed, day WICHITA, KANSAS BRANCH STORES Augusta, El Dorado Ranger, Breckenridge, Rising StarySouth Bend, Texas; BRIDGEPORT SERVICE Is Known | Its branches in all'the.principal oil fields rents any tool, any time, any place. It is just as close as the nearest telephone or telegraph office. There isalwaysaBridge- - port man on the job.and the too! you-need will be on its way to you within a‘few min- utes-after your order-is received. General Offices, Shops and Factories Kansas; Tulsa, Tonkawa, Shidler, Okla., Ft. Worth, easing ' i Marrietta, Ohio. Oil Well or night. It sells cr Be There—Don't be late for appotn' ments, Try Tripeny’s for expert watch Lowest Storage In Casper Guaranteed Repair Work. Gas, Oils and Grease. Cars Sold on Commission 363 S. Ash—Phone 1891W BUY PIGEON’S CEYLON AND INDIA TEA It’s sure fine. Pigeon Tea & Coffee Co. z ae My Phone 623 Whit. Gisss., 68, 1 1952. 943 Bin. Crude Oil, Sis, 1036 Sol. & Cle, 8s, 1927 1 Southern Ry., 6%, 1956 Swiss Gov., 88, 194 Pac. Tel. & Tel., 5s, 1 M. F. RYAN announces his candidacy for the Re- publican nomination for the office of County Attor- ney of Natrona County, subject to the will of the voters at the primaries August 22, 1922. 117 EAST SECOND STREET Phones 97 and 98 NO HIGHER IN PRICE—HIGHER IN: QUALITY SPECIALS FOR THIS WEEK Richelieu Teas__.____ é English Breakfast Your Choice unpowder ... a . Osengs Pekoe coccotoee 1%-Ib. cans ____50¢ apan faite imperial r "j1-tb. cans____$1.00 Mosteller’s Comb Honey, per-frame....... jane. 200 Richelieu Minced Clams, 614-0z. tin— 30c each, 12 for $3.25 Namco Japanese Crab Meat, 6-0z.—. 65c each, 12 for $7.25 Delicia Veal Loaf, 7-oz. tin______35c each, 3 for $1.00 Armour’s Veribest'Lunch Tongue, No. 1 tin— 50c each, 12 for $5.75 Delicia Sandwich Spread, 414-0z.— 15c each, 12 for $1.65 Underwood's Deviled Ham, %— 25c each, 12 for $2.85 Underwood’s Deviled Ham, 4— . 48c each, 12 for $5.15 Richelieu-No. 10-Pimento Stuffed Queen Olives— 50c bottle Richelieu No. 10 Plain Queen Olives. -50c bottle Richelieu No. 16 Plain Queen Olives.____75c bottle Richelieu No. 82 Plain Queen Olives__$1.00 bottle Richelieu Little Kernel Corn— 20c.can, 12 cans $2.25, case $4.35 Telephone-your orders. They will:receive prompt and careful attention. Our delivery service is effi- cient and covers every section of the city. Exclusive Agents for Richelieu Pure Food Products. We Sell-for Cash or Credit—A Service Store. 117 EAST SECOND STREET Phones 97 and 98 I hereby announce myself as candidate for the Re- publican nom'nation as Justice of the Peace in Dis- trict No. 1, subject to the will of the voters ut the primaries on August 22, 1922. Henry F. Brennan POOTHOOLDOLO SHOP OPPO DEE SE OOO OOO OL OOO OOOH OO OOOO PD OOD Willis-Hackett |. Garage