Casper Daily Tribune Newspaper, August 8, 1922, Page 6

PAXE SIX MARKET GOSSIP. AND FIELD NEWS: | Allied Chemica! & Dye TEXAS WORK AHEAD GF SCHEDULE completed. plant have been poured except those for the crude stills which WHEAT PRICES HOLD STEADY Slight Gain Follows Weak ing and Closing Is About Even. e rail Jement, today With Aug. 8.- y dealings. quota’ had failed response to yesterday’ dediines on this side of the Atlai counted somewhat as a bullish ence. There was also more or Tess evidence of evening up to prepare for sent crop report due after Pte opening, which varied 0 Ye high 1.06% and % wae fo! gains and the close from unchanged figures % with September $1.05% December $1.00% to 10 lowed by siig! general then a little reaction Subsequently the market 4uil and drifted aimlessly ¥ row limits. The close was at %e net decline to %o gain September $1.06 to 1.06% and cember $1.06% to $1.06%. Cora and odie were © special ¢ decame thin nar ettled With De y in the ab After sence of & epee Ry opening unchanged %@Mo lowe September 60%c to 60%c, the corn market held near to the énitial range Gossip was current that the govern ment report as to corn would contain a larger estimate of yield than was th case a month ago. The close was unsettled, 4%@%0 to net lower, with September 60c to 60G6016c Cate started unchanged! to ‘4 lewer, September #2140 to 82Ke and later hardened «# trifle. ‘Lower quotations on the provision marke’ hogs weakened Open. High. Low WHEAT— Sept. - - - 1.05% 1.06% 1.05% 1.06 Dec. - - - 1.06% 1 1.06% 1.00% - 1.11% 1 1.11% = = = 60% skim Oh Sept. - - - 10.60 10.70 20.62 10.67 Oct. pie ae 10.62 10.72 RIBS— Sept.--- 9.87 Potatoes. CHICAGO, Aug. 8. — Potatoes stronger; recotpts 26; total United States shipments 552; eastern shore, Virginia stave barrel cobblers No. 1, $2,00@3.15; Maryland stave barrel cobbiers $2.90@3; North Jersey sacked cobblers $1.65@1.75; Minnesota sacked Early Ohios partly graded $1.40@1.50. Poultry stendy; fowls 16@22%$c; brotlers 24@27ct roosters 14%c. Butter and Eges. CHICAGO, Ang. &—Butter weak: r&cetpts 17,509; creamery extras 32%6c; firsts 28@29%c; seconds 26%@17°. Eggs steady; receipts 15,275; firsts 1s@20cK% ordinary firsts 18@18%c miscellaneous 18 @19c; storage packed extras 21% @22c; storage packed firsts 21@22c. Livestock Mart Chicago Prices. CHICAGO, Aug. 8.—({United Btates Bureau of Agricultural Economics). Cattle, receipts 10,000; market gener- ally steady on all classes; bulk beef steers of quality to sell at $8.85@10.35; beef cows and heifers largely $5.25@ 7.25: canners and cutters mostly $3.00 @3.39; bulk bologna bulls $4.00@4.25; bidding mostly $10.00@10.60 on veal calves; best around $11.00@11.50. Hogs, receipts 00; lights and butchers 25 to 50c lower; packing and heavy mixed 10 to-25c lower than Monday's average; top light $9.85; few held higher; bulk 210 to 250 pound butchers $8.85@9.25; extremely heavy butchers downward to $8.00 packing sown mostly $7.00@7.50; pigs dull, around $9.00@9.50; heavy $8.00@9.00; $925@9.85 Nght Nght $9.25@9 smooth $6.90@7.75; packing sows rough $6.50@7.15; killing pigs $9.00@ 9.60. | Sheep receipts 12,000; fat Iambs| lapgely 150 to 25c lower; sheep and| feeder lambs sta op natives to ofty butchers $12.25; $12.00 to packers; | bulk desirable Kinds selling at that) figure, four loads Idahos $12.25; sheep rearce; medium grades 128 pounds wethers $7.00; three loads destrable| feeder Inmbs $12.50; bulk feeders} $12.25¢712.50; few trimmed natives on; country account $9.75 | Omaha Quotations. | HA, Neb. Aug. 8.—(United | Bureau of Agricultural Eoo-| Hogs, receipts 8,000; medtum | butchers mostly 250 lower; | bulk $8,609.00; top $9.25; mixed and | packing grades steady; bulk $7.00@ | | fed steers and | to lower; bulk top $9.25; grass | c lower; grass cows 5.50; fed helfers up} and veals and stockers | HE Sheer pts 9.000 killing classes 00@12 source The General tion company the stacks, of which there will eight, ranging 180 feet. Thee Concrete & Construc- 13,600 barrel capacity, the steel for whic has not all arrived. will be lor rd in work tion ef the present pace the plant will be in working order sooner than was at first expected. Converse Test . Projected. Quite an area of undeveloped land near Shawnee in esstern Converse county {# about to be prospected for 1 if suffictent acreage can be favor ably leased, according to reports from that place. J. Martin Wiley, an eminent east- ern engineer and geologist, has spent stated that he had interested east- would be supplied for a test well as placed in the bank. It was the sense of the meeting that this would be ckly and easily accomplished :as was for the best interests of the nd owners and it was thought at that time that everything would be, in readiness soon for the starting 0%) the test. 2 Mr. Wiley expresses his opinion that a large portion of that district is underlaid with off bearing sands one of the most profitable operations; in the state. Ashiand-Wyoming Progress. The Ashland-Wyoming 01! company drilling a mile south of Greybull has reached a depth of 3,390 feet and is now In the red beds. It is expected that fhe Amazon sand will be cut within the next 100 feet, about 85 feet| of which will be a continuation of! the present formation. The bit is now tion is foun@ in the deep wells of Montana and a [profitable flow is xpectantly looked for, The shallow sands in this test were ofl bearing but were cased off and the hole con- tinued in the hope of finding it in larger quantities lower down. WESTERN STATES NEAR SAND WITH SOAP CREEK WELL, OTHER OPERATIONS The Soap Creek well of the Western States Oil and Land company is near- lng completion with the bit at 2,100 feet, This well which is on the south- west quarter of section 34-6-32 struck a small flow of water with some oll, but that has been cased off and drili- ing continued. The producing strata n the other wells was found at around 00 feet so it is expected that this sand will soon be penetrated. The Rotten Grass test about 10 miles distant on the southwest quar- ter of section 28-7-8 is drilling at 2,615 feet. The company {s preparing to start a new well in the west end of Lance Creek on the northwest quarter of séc- tion 5-35-66. The rig ie now being ‘built, In the Salt Creek field No. 804 on the northeast quarter of section 6-39- 78, ten-inch casing in being set at 1,800 feet; No. 17AX on the northwest quar- ter of section 17-39-78 is being cement- ed at 2,200 feet, below the first wall Creek sand; No. 29AX on the same quarter section {s drilling at 600 feet. In the Deer Creek, (Oxla.,) field, Lane No. 2, which Has been producing gas for the past year at 1,200 feet, is being deepened to the next sand which is expected at approximately 3,000 feet, ‘Lhis well is located on the northeast quarter of section 27-27-3. ‘The Swag- ert well on the southeast quarter of section 15-27-3 is now drilling at 3,508 feet in an effort to reach the first lackwell sand. This sand has never yet»beon penetrated in the Deer Creek | |fleld and ts supposed to Me in the) | neighborhood of 8,700 feet. Muti WYOMING OILS NEW YORK, Aug. 8.—Prices of Wyoming fils at 2 p. m. today were listed on the New York curb ‘aa fol- lows: Boston-Wyoming 78;-Glenrock 1%; Mountain Producers 14%; Mutual 9% Omar 1 13-16; Salt Creek 15%. ings $10.00; wethers $8.25, ewes $7.00; feedors firm; early top feeding lambs $12.00; some held higher. Denver Prices. DENVER, Colo., Aug. 8.—Cattle— Receipts 700; market steady and easy; beef steers $7@9.50; cows and heifers 5.25@7; calves 6@9; buljs $2.50 @4.25; stockers and feeders $6@7.50. Hog receipts 2,000; market 50@75c lower; top $9.85; bulk $8@9. Sheep recefpts none; market anged; lambs $10.50@11; ewes $ un. has started work on’ considerable time in that district and/ at @ public meeting recently held,| ern capital to the rotnt where funds! soon as leases on enough land were! in the same strata in which pfoduc-! E American With over*300 men now on the Gob and more being em-|4™erican ployed daily, the plant of the Texas company is taking on} shape so that some idea may be had of its appearance when | American Practically all the foundations for the entire | 4™ | ; | American will be started today, and brick work,was commenced this | ‘Anaconda norning. | Material is now arriving|Atchison - fast as it can be used and mo fo eae od - win Loco .. ther delays are anticipated from this Baitenore a cake |Bethiehem stew! Canadian Pacific in height from 100 to| Chesapeake & Ohio .... \chicago Mil & St P...-... barrel tanks are al-jChicago R. I. & Pacific. most complete and four others are!Chino Copper .... well under way. All the others have | Colorado Fuel & Iron . been started except those: of 65,000 | Crucible Steel . yy | Corn Products | Erie The railroads are now working So | ec) ye het) oot the transfer and have received steam | Genera} Electric ... shovels and other equipment which/General Motors .. laying switches and!Goodrich Co. .. . ding rack tracks for the company.|Great Northern pf Superintendent Capen advises that|Jllinois Central is now progressing ahead of|Jnspiration Copper chedule and that with a continua-/Jnternational Harvester |International Mer Marine pid |dnternational Paper . Invinelble Ol .... 2... | Kelly-Springfield Tire . | Kennecott douilsville & Nashv. Miami American Middle States Oi | Midvale Steel Missouri Pacific New Norfolk & Western Northern Pacific Oklahoma Prod. & Ref. Pacific Oll ...... - Pan-Aemrican Pennsylvania Pr Pure Of Ray Reading --. <:. Republic Iron & Steel Royal Dutch, N. ¥, Sears Roebuck . Sinclair Con On Southern Pacific - Southern Railway Studebaker Corp Tennessee Copper Texas company Texas & Pacific Tobacco Products .. and that a test will prove it to berTransconginental Oil Union Parifia United vu. U. S. Rubber . United States Steel . Willys Overland American Zinc, Lead Butte and Superior Cala Petroleum . yMontana Power Ghattuck Arizona + {Great Northern Ore. . %Chicago & Northwestern ...... Maxwell Motors B AESUMPTION OF Toie WAR SEEN atte, in the foot, the Astor. Hide & Leather pfd.. Interntional Corp. Locomotive . Smet & Ref; Sugar Sumatra Tabacco Tel & Telog. Tobacoo Woolen Copper SS erican rican ican Copper Copper York Central. -.—--.- Y¥ NH & Hartford. ‘eople's Gas Consol Copper ¥ andard Oil of N. Retail Stores 8. Ind Alcohol . (Continued from page one.) questioned at length Kitty Ravin- one of two young American women who had attended a dinner party with Ko Low and two other Chinese just before the slaying. The other woman, May Malsvenden, who is in a hospital with a wound received in the attack. Kitty Ravinatte, detectives learned, is a widow, who formerly worked at exchange at Hotel Her home is in Madeira, Pa. The other is the wife of a rail- roed employe, whose home was said to be in Washington. who lived to- telephone The two women, gether, went to Chinatown last night, Kitty Ravinatte said, with a San Franciscan named Walter mith, ive Yee Hing, SWAN UNDERREAMER FOR THE BIG FIRE SALE 56% | iIp Sing tong were making ready He introduced them to Ko wand a short time Inter all went to the Chinese Delmontcos, in front of which Ko Low was slain as tho party later emerged. president of the New .York branch of the Hip Sing tong, when asked !f there was any dissension among tong members, said “until we find the man who did this shooting, we canzot tell. While the district attorney's of- fice was busy secking a rent in the veil of oriental mist through which | he could get at the true story of last night's tragedy, officers of the Columbine | Consol, Royalty Capitol Pete Cow Guicn Jupiter Kinney Coastal . Lance Creek Ftoyarty | Gusk Royalty . NEW YORK CURB CLOSIN Mountain Producers ....$14.25 $14.50 Glenrock Ol! as 1.12 1.18 M . S. O. Indiiana Cities Service Second 4s . First 4%5 Second 4%s Third 4\%s |Fourth 4%s Victory 4%s Crude Market Mule Creek Big Muddy .-------—-------- Salt Creek 7. Rock Creek Ouage Tander .. Lance Creel Elk Basin ------— | Greybull Gress Creek . Torchlight -. Hamilton Cat Creek - the funeral splendor due the inter- national president of one of the strongest tongs—"tha Hip Sings.” The body of Ko Low today lies at his home, 18 Doyers street, where the white women were found after the shooting, It will be moved this 4fternoon to tong headquarters, where it will Iie in state until Fri- day. From this same tong room, Chinatown saw its greatest funeral recently when Dr. Fong Foo Leung, who preceded Ko Low as president, was buried with great ceremony. Ko Low's Inst rites promise to eclipss even those, say tong offi- clals, for he was known throughout the United States and delegations will come from all points to take NEW YORK STARTING WORK ON NEW WELL I ‘The New York Ot! company {s start- ing a new well in the Polson Spider district known as No. 4 and located on the sofithwest quarter of section 34-84-83, = The Spindle Top well on section 30-82-81 {s drilling in the red beds at 1,650 feet. The Boone Dome well on section 10-85-85 1s drilling at 4,618 feet and is now approaching the record of the deepest well ever drilled in the state. | The Salt Creek well on section 7-40- |78 1s shut down for cement to set, this being the third time this operation upward. shot up 1% points, featured the oils, while Sears Roebuck and May Depart- ment Stores led the upward movembnt fraction: the first hour, and public utilities shares leading the advance. short pressure was directed against motors, shippings and some of the foreign oils, the general list weaken- ing as a result. for the year were made by Omaha, Chicago and Northwestern and Lack- awanna railroads, which were up 1% to nearly 4 points. sponded to better new strike settlement. even lower. broke sharply, dropped 6 points. The reaction also extended Great Dutch, Corn Products, Manati Sugar, Adams Express and Market Street railway second preferred which were down 1 to 2 points. Call money opened at 3% per cent. for it made a precipitate drop to 166 compared with 174%, its earlier high figure, ‘Traders made haste to take profits on earlier purchases and there was considerable theory that a setback was warranted owing to a weakened technical post- tion. relinquished their gains to a large 1 extent tnd a considerable number of ISON SPIDER FIELDISiz Sesriem h low yesterday’s figures. American International slumped 4% to a new low price for the year. Baldwin Locomotive and a rally of 3 potnts in Mexican Petroleum caused later partial recovery in the general lst. tures closed steady; sales, 29,600 tons. provement if the demand for refined dich acre SS has. been. necessary, broken through on the two previous Ups and Downs Recorded in New York Market in Rapid Succession. 1 102 101% 101% 200% 10% 100-101 NEW YORK, Aug. §—Prices moved br +4 within frregular trend in today's fair- 08% 109% ly active stock market session. In- % es abil'ty of pools to attract an outside ae se | following at the higher level of prices and a weakened technical position en- couraged bear attacks. - ‘These were Girected principally against motor end shipping shares, weakness of which undermined the whole lst after an early show of strength. The i advance was resumed later but real- 06% | iging sales limited its scope. Sales 23% approgimated 750,000 shares. The upward movement was re sumed in the last hour in response to the demand for high grade rails, equipments and some of. the special- tles, but this was checked toward the close by profit taking. Baldwin and Corn Products led the rally at gains of approximately 8 to 4 points, whflo Gmaha, Chicago & Northwestern, and Lackawanna railroads moved to new tilgh levels, The closing was trregu-} J lar. 98 110% | 101% 110: Hock. ‘Valley, 100 LaBelle Iron, 100 3h NEW YORK, Aug. 8—Opeting prices on the New York stock ex- change early today were irregular but most of the important changes tended ‘Wall atreet continued to take a hopeful view of the coal and rail strike situations, rail shared being in good demand and making moderate | 9) gains. Pere Marquette and Great Northern preferred rose fractionally to new high records for the year, while gains of half to one point were made! Sou! by Illinois Central, Northern Pacific ind™ Southern Railway preferred. There was active bidding for equip: ment shares, Baldwin and American Locomotive rising 1% and % points respectively, each to a new peak price for 1922. Mexican Petroleum, which N. ¥. Cen,, 58, 2013 . N.Y. Bat, 6%s, 1941 . Packard, 1931 Penn. R. 7 sugar and prices were unchanged at $7.00 to $7.10 for fine granulated. Metals. NEW YORK, Aug. 8.—Copper steady; electrolytic spot and futures 14@14%. 32.62; futures 32.75. Tron steady: prices unchanged. Lead steady; spot $5.75@5.80, Zino quiet; East St. Louis spot and nearby delivery 6.30. Antimony spot 5.25@5.62. See. * Foretgn Exchange Easy. NEW YORK, Aug. 8.—Great Bri- tain demand 4.45%; cables 4.45%; 60-day bills on banks 4.43%, France demand 8.12; cablew 8.12%. Italy demand 4.57%; cables 4,58 cables 7.67%. 3 cables. 13%. Holland demand 38.70; cables 38.75. Norway demand 17.15. ~ Sweden demand 26.10. Denmark demand 21.50. Switzerland demand 19.02, . Spain demand 15.52, Greece demand 2.92. Poland demand -.01%. Czecho-Slovakia. demand 2. Argentine demand 3%.12. Biss demand 13.75. ntreal exchange 99 25-32. n mail order and chain store issues. 3tudebaker was slightly reactionary, ther losses were confined to small ‘The market strengthened during rails, merchandising Toward noon, however, Additional new highs Coal stocks re- regarding a Burns Brothers A and B, Pittsburgh Coal and Pond Creek advancing 1 to 1% points. May Department stores and Detroit Hadl- son broke through for new highs at gains of 2 to 3 points: When the bears began their attack Marine pre- ferred and American International dropped 1% points each, while Stude baker and Chandler Motors declined ‘Willys Overland preferred to Baldwin, Northern preferred, Royal OD OE TT, White Eagle Refining company, with | several days in the city looking over the crude oll situation. the Salt Creek field today. eee 103 jsoctates has a well cemented a short Bid | aistance east of the Mosher syndicate | No, 1 in Salt Creek is a city visitor | today. He expects to start drilling in the first of next week. a iB. J. George Crites and Pat Sullivan, left yesterday afternoon for Thermopolis to attend the funeral of the late Mar- % tin McGrath, which will be held this 101% |afternoon. E. T. Williams who ar | rived from California this morning, re- mained on the train and will arrive at |Thermopolig in time to pay his last }respects ‘to the former director of company. | ¥. E. Scott, treasurer of the States Refining Comnany of Kansas City, Mo., is here in the interests of his company. He is accompanied by Mrs. Scott, matters. will through the park. ‘Tin firm; spot and nearby }i}« Omaha Your Grsia Market With the Oil Men | Lee Scott, vice president of the) wear eee Save interest and get quick returns by shipping your grain to Omaha. Railroads in the Middle West center at Omahs and give you the advantages of a short haul to market. Omaha saves you all losses caused by delays in transporta- tion. Omaha weights and measures are accurate. | The, Grin E change, under federal inspectior operates on a cash trading basis making transactions quicker. Ship to Omsha—You'll better satisfied! : Let Us Tell You More. Write Chamber of Commerce, Omaha Ask for Booklet “Omahs—A Grain Market” He is visiting Dr. Dugan, who with Pittsburgh cael composed of Mr. and Mrs. Sullivan, Glenn Leldecker, is Expert Cleaning and Pressing Remodeling of Alt Kinds Phone 483-3 And Our Service Will Be at Your Door S. H. Ackerman Casper’s Leading Custom Tailor and Cleaner 116 East Midwest Ave. to local trip and after attending continue for a _FLYING TONIGHT STOCK AVIATION CO. Municipal Field Selt Creek-Casper Airway EVERY DAY Day Phone 767 Night Phone 1482 Lowest Storage In Casper Guaranteed Repair Work. Gas, Oils and Grease. Willis-Hackett Garage Cars Sold on Commission 363 S. Ash—Phone 1891W| ~ ANNOUNCEMENT I hereby announce ntyself as a candidate 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 4922. Earl C. Boyle Silver. NEW YORK, Aug. 8.—Foreign bar silver 69%c; Mexican dollars 53%4c. Mexican Petroleum was singled out roncentrated selling and’ when 19 loney. NEW YORK, Aug. 8.—Call money steady; high 4; low 3%; ruling rate 2%; closing bid 4; offered at 4%; last loan 4, Call loans against acceptances 3. Time loans firmer mixed collateral; 60 to 90 days 4; four to six months 4%; prime commercial paper 4@4%- the entire list crumbled. short selling on the Stocks which were strong early ANNOUNCEMENT . _l hereby announce myself as a candidate for the office of County Commissioner of Natrona County, for the four-year term, on the Republican ticket; subject to the will of the voters at the regular primary elec- tion, August 22, 1922. cent. Three months bills, Buying of Sugar. NEW YORK, Aug. ‘There was no tm- water having jobs. Heat Regulator. Se display floor. 119 East First Street [TWO MORE DAYS In which to take advantage of our special offer of a Fi $7.50 Double Aluminum Roaster Free With each Quick Meal Gas Range equipped with Lorain Oven- ONLY. THREE MORE DAYS OF THIS:SPECIAL SALE - Casper Gas Appliance Co. Inc. e-this special range in our window or on thé $100 $100 ONE HUNDRED DOLLARS REWARD 3 For evidence producing arrest and convic- tion of parties who kidnapped employes or who otherwise have violated, or who here- after violate United States Court Injunc- tion which prohibits picketing, or any form of interference with this Company’s em- ployes present or prospective. ‘ Chicago & North Western Ry. Co. Phone 1500 [Political Advertisement) For Representative In Legisla ture : I hereby announce myself as a candidate on the Republican ticket for the office of Representative in ge State Estar com Natrona County and solicit e support of the Republican voters at i 3 to be held August 22, 1922. Si seme nw Marvin Bishop, Jr.