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

PAGE TEN MARKET GOSSIP AND FIELD NEWS) sx xecxsue | TORRINGTON TEST 10 60 DEEPER After being shut down for around the 614-inch casing at sumed at 3,800 feet in the test of the Detroit-Wyoming com- pany near Torrington. Considerable disappointment resulted from finding the Muddy sand dry at 3,460 feet which was drilled through for) WHEAT RALLIES | IN GRAIN MART Closing Prices Strong Today After Weak Opening in Chicago, CHICAGO, Aug. 21.—Extreme weak nese at Liverpool was reflected in the wheat market here today and caus eS a decline in values during the early dealings. All deliveries went to a new cow for the season, the Decem ber touching a dol'ar. Support came mainly from shorts while some stop loss orders were caught on the way down. Receipts of wheat today were estimated at 456,000 bushels. Sales of 400,000 bushels of wheat were made to the seaboard late Saturday and carly today with more business in sight. The opening which varied from %o to 1%c decline, with Sep tember 97%c to 98 and December $1 to $1.00% was followed by a slight general advance all around. Covering by shorts later became general and the market rallied and closed strong, with values showing a net gain of 1%c to 1%c, with Septem ber $1% to $1.01 and December $1.02% to $1.02%. Corn later showed remarkable re- sistance to selling pressure and closed firm, the finish being up %c to Ye, . with September 59%c. Corn was weak in sympathy with wheat and on better weather condi tions over part of the belt. The open- ing which was %c to lc lower with Beptember 58%c to 58%c was follow e4 by a moterate general rise on all Geliveries. Oats started unchanged to %c off with September 30%0 and held near the initial range. ‘Weakness in grains in provisions. was reflected Open. High. Low. Close. WHEAT— - 97% 1,01 97% 1.00% - 1.00 1.02% 1.00 3 = 104% 1.07% 1.04% 1.07% = BB 59% 59% - 52% .54% 54 =~ 56 57% 57% — 30% 81% .20% 31% = 82% 38% 32% 3336 — 86% 87% 36% 3744 Sept. — - - 10.45 530.45 10.17 10.20 Oot. — —.— 107 10.87 10.25. 10.25 RIBS— Sept. - ~ ~ 9.75 Oct, ~ — - 9,40 Potatoces. CHICAGO, “Aug. 21.—Potatoes_ firm on whites, steady on reds; receipts 32 cars; total United States shipments 709; Nebraska sacked Early Ohios $1.00@1.10 cwt; Minnesota sacked Early Ohios $1.00%115 ewt.; Wiscon- sin sacked cobblers $1.35@1.60 cwt. Butter aod Exgs. CHICAGO, Aug. 21.—Bntter firm: ereamery extras 34%%c; firsts 294@ Sle; extra firsts 31%4@33%4c; seconds 27@28c; standards 34%c. Eggs unchange® receipts 17,614 cases; firsts 2214@28c; ordinary firsts 20@21c; miscellanvous 21%4%22; stor- age packed firsts 23% @2: Livestock Mart Chicago Prices. CHICAGO, Aug. 21.—(United States Department of Agriculture.}— Cattle receipts 20,000; beetf steers legible to 310 or better, steady; lower grades 10c to 15c lower; spots off more; top 1,499. pound steers $10.90; bulk beef steers $9@10.30; she stock steady to weak; bulls steady to 15c lower; calves most- ly 50c lower; stockers and feeders strong to higher; bulk beef cows and heifers $5%47.35; canners and cutters largely $2.75@8.75; boolgna bulls most- ly $3.90@4.15; bulk veal calves early $11@12. Hogs receipts $5,000; lghtwetghts fairly active, steady to strong; others slow, around steady with Saturday's average; bulk 160 to 190-pound hogs. $9.60@9.65; few top at $9.78; 210 to 240-pound butchers mostly $9.20@9.55; good and choice 280 to 310-pound butchers $8.90@9; packing sows most- ly $7@7.50; bulk pigs around $8.5 heavy $8@815; medium $8.75@9.60; Ughts $9.25@9.75; Ught Nght $9.10@ 9.65; packing cows smooth, $7@7.80; packing sows brought $6.50@7.25; kill- ing pigs $8.25@9. Sheep receipts 23,000; mostly steady; spots on native lambs weak to 15c¢ lower than Saturday; carly sales west- ern Iambs $12.75@18 to killers; de- sirable 60 to 64-pound feeder ends: $12.50; early top native lambs $12.75 to city butchers; sorting light; ewes to killers $7.50; extreme hea ranging down to $3.60. OMAHA, Neb., States Department of Ariculture.) — Hogs receipts, 8,0000; fairly active, steady to 10c higher; light mixed and packing grades $7.15@7.75; butik 200 @3200-pound butchers $8@8.90 to $9. Cattle receipts 12,00 steers mostly stead: 310.60; common and gras! - — (United top yearlings, grades 1c to 18¢ lower; she stock $10c to 15c| lower; bulls dull; veals about steady; corn fed beef | twenty days for cement tu set! 743 feet, drilling has been re- ad ance of 60 feet. ng 42 It running the Dakota horizon producti’ feet. true confidently looked forward to. The company is said to have ample funds on hand to finish the test and ow has sufficient casing on hand to carry it to a 4,500-foot depth if nec- of district have acreage surround- that of ‘the operating company Sre awaiting the outcome of the befcre starting development, but id @ commercial flow be encoun- ed it ts probable that considerable ivity would be started there imme- ly. Officers of the company ex- pect to have the hole completed with- in the next six weeks. Casing in Test Well 5 Considerable trouble is being had at the Connolly well near Riverton. After having been shut down for some time, drilling was recently re- sumed and thirty feet of the ten-inch easing collapsed at 1,500 feet. Drill- ers have not yet been successful in ling the collapsed portion, but with the arrival of new tools this is ex- pected to be done within the next few days when new casing will be install ed and drilling resumed. Sage Oreek Tests Projected. Two wells will be started in the Sage Creek field in Fremont county immediately on land owned by the shakle syndicate according to Riv- rton reports. Some oll was encoun- tered at less than 700 feet in w tes drilled there about a year ago and sommercial production is expected by the new operators, Osage Field Is Active. Newcastle reports indicate great ac- tivity in the Osage field and no let 1p in the amount of drilling. A freak well has just been com- pleted on section 18-46-63 which ts roducing 60 barrels at 75 feet. Post vole augurs will soon be in demand for use in that district of the present » is kept up. The Newcastle Ofl company on sec- tion 31-46-63 is fishing at 1,200 feet. Tom Don is equipping a standard on section 7-45-63 and drilling will be started as soon as possible. Manderson Well Shot. The well on the Frontier Oil and Gas syndicate, near -Manderson, known in that locality as the Mark: am well, which was drilled to the Kim- ball sand revently and reported as be- ing a 100 barrel producer, has been shot with 160 quarts of nitro and since being cleaned out has baled con- siderable ofl. At a meeting of the unit holders held at Basin, it was decided to con- tinue the hole to the Muddy and Grey- bull sands which are supposed to lle 200 and 500 feet below the present level. In the event that fliese sands are none-productive the ofl will be taken from the Kimball where a sufficient amount can be developed to make it commercially profitab’ stockers and feeders steady to 15c¢ lower. Sheep recefpts 6,000; all classes steady; early sales lambs $12.25@ 12.50; best westerns held higher; ewes $f.50 down; light feeding lambs $12. Denver Prices. DENVER, Colo, Aug. 21—Cattle, receipts 3,912; market steady to shade lower; beef steers $7.00@10.0 cows “and heifers $4.00@7.25; calves 36.00@9.00; bulls $2.00@4.00; stockers $5.00@6.25; feeders $6.00@7.25. Hogs, receipts 568; market steady; top -$9.00; bulk $7.50@8.90. Sheep, receipts none; market steady; ewes $5.00@7.00; spring lambs $11.00 @12.26. EE ELS Sugar. NEW YORK, Aug. 21—Sugar fu- tures closed steady; approximate sales 62,400 tons. Refined was dull and unchanged at 6.75 to 7.00 for fine granulated. Refined sugar futures nominal. In Rum Raid | fn. Be! | officers. She is the first woman to Tho hole ts he s carried deeper in the hope of find- is expected at from 3,900 to is sald that the formations are) so far az drifed and production in the lower sands ts being the larger companies in| New York Stocks Associated Press Laassed Wire, Saw | Allied Chemical & Dye . Allis Chalmers ...... Americen Beet Sugar |American Can American Car and Foundry . American Hide & Leather pfd.. Am¢@ican International Corp American Locomotive American Smelting and Refg. . |American Sugar American Sumatra Tobacco . American T, and 7. American American Anaconda Atchison Atl, Guit Copper | Badiw Baltimore and Ohi 60% ; Bethlehem Steel 78% }Canadain Pacific” . 146% Central Leether 40% Chandler Motors |Chesapeake and Ohio |Chicago, Mil and St Chicago, R. I. and Paul Pac. Chino Copper }Colorado Fuel and Iron |Corn Products Bteel | Crucible Erie Famous Players Genera! Asphalt General Electric General Motors Tasky . Goodrich Co. .. 36% Gepat Northern pfd. 94% Illinois Central Pen American Petroleum Pennsylvania People’s Gas Pure Ot Ray Conso! Reading seeees Rep. Iron and Steel Royal Dutch N. ¥. . Sears Roobuck Sinclair Con Of Southern Pacific jSouthern Railway . Standard Oil of N. J. Studebaker Corporation ‘Tennessee Copper Texas Co. Texas and Pacific Tobreco Products ‘Transcontinental Union Pacific .... United Retail Store: U. S. Ind Alcohol .. | United States Rubber . |United States Steel Utah Copper Yestinghou: Willys 0 American Butte and Cal ePtroleu Montana Power Shattuck Arizona Great Northern Ore Chicago and Northwestern Mexwell Motors B International Paper . 58 Invincible Ol $ 14 Kelly Springtield Tire . ~ 46% Kennecott Copper .. 37 Loulsville and Nashville + 136% Maxican Uetroleurfi «174% Miam! Copper ... - 29% |Middle States On + 13% Midvale Steel 35% fissourl Pacific 24 w York Central 100% ¥., N. H., and Hartford . 33% Norfolk and Western + 119% rthern Pacific .. + 86% | Oklahoma Prod. and Ref. ae Pacific Ot ........ - 57% oO} ad and Sm, 17 perior | Princess Juliana, 13, future queen ‘ef Holland, dressed tn the costume of a Flemish peasant given to her. by the burgomaster of Middleburg on @ recent visit ~ New Oil Gusher Is Uncorked in Eastern Galicia WARSAW, Poland, Aug. 21.—A telegram from Boryslaw, Eastern Ga- lincla, reports that a new well bored there has struck ol] and is now giv- ing 30 carloads of ofl.a day. This amount represents 20 per cent of the total production of the Boryslaw dis- trict. ————— RARE BARGAINS IN PIANO AND A PLAYER PIANO. We have in the vicinity of Casper a piano and a player piano of. well known standard make. Both! have been used just a few months, but are of the latest model and as good as new. We offer either at a big saving for cash, or will arrange attractive terms for responsible party. Knight-Cam ‘bell’s guarantee the quality of ‘these instruments and will give a written money-back warrant of satisfaction. Such gains are quickly snapped, up. Write today, and please give refer- Se0e8 In first letter. Meet Me at the Smokehouse, nig] ipbell Music Co. it in the West. wer, Colo. é 8-19-4t ——. 112% | Western States Inspiration Copper . 41%! International Harvester 112% Int. Mer Marine pfa 64% ,|'Third 4%s | Lance ‘| Greybull ab sebbsh | Jupiter | Kinney Coastal . |Lance Creek Royany WyoTex .. Western Oil iFelda . Ol ....-- o a6 NEW YORK CURB OLOSING Mountain Producers .$ 14.50 Merrit: . Glenrock Salt Creek Pri Salt Creek Cons. Prod. and Refrs. Marine ..... Marine new Mutual 8. O. Indiana . Cities Service Com Fensland ... New York Ol Sa. Bus First 4s Second 4s . First 4%s Second 4%s . Fourth 4% Victory 4%e 23S Tae LONDON, Aug 21—More than 30, 000,000 pounds sterling has been sub- *|scrfbed in the new Indian govern- ment loan, constituting a record for state borrowing in India for a single year, says a Reuters dispatch: from Celcutta today. uring the past six years, India’s response to the government's demand for loans exceeds 137,000,000 pounds sterling, although before the war the subscrijition of 3,500,000 pounds ster- Ung was considered an excellent suc- cess. The new loan relieves imme- @iate financial anxieties. It is under- stood that the majority of small in- vestors were . Indians. Fascisti Leader ist, communists and other tremists in the civil war that has Mule Creek Big Muddy Salt Creek Osage Elk Basin —--——-. Grass Creek Torchlight Hamilton - Cat Creek “ALL STOCKS IN ACTIVE DEMAND Prices Improve on New York Exchange as Buyers’ Or- ders Come In. NEW YORK, Aug. 21.—A brisk in- vestment demand for the higher grade rail shares, apparently based on the more encouraging outlook of the strike situation,, caused a general ad- vance in price in the largely expanded dealings of todays stock market. Tho extent of the trading ts indicated by the fact that approximately three score issues reached their highest prices of the year in the days turn- pver. Sales approximated 1,000,000 shares. Traders showed little inclination to remain uncovered in the final hour, the growing investment demand caus- ing extensive buling of popular sea- soned stocks by short interests. Shares of coal and grain carrying railroads, oll and tobaccos were all marked up i nthe final hour. The closing was strong. FIRST FOLLOW STOCK MAR -- -- NEW YORK Aug. 21—Apparently anticipating an early settloment of the rail strike, Wall street traders today ~ [indulged in another demonstration of rail shares at the opening of the atcck market. While most gains were of a nominal charcter new high records for the year were established by St. Paul commin and preferred, Southern Pacific, Great Northern preferred, New Orleans, Texas and Mexico. Bal- timore and Ohio, Southern Raailway, Northern Pacifif, Atlantic Coast Line and New York, Chicago and St .Louib. Peak prices also were established by Pacific Gas and Electric, Allied Chem!- cal, Brown Shoe, Reynolds Tobacco and American Sugar. Domestic olls also were in good demand, Marland rising 1% points, with gains of large fraction by Pure Oil and Standar Oil of California. Otis Elevator was up two points and gains of one point each were made by American Beet Sugar, American Woolen and Amer- {ean Tobacco. ‘The upward swing gafmed momen- tum as the morning progressed, 50 stocks breaking through to new high records for the year before noon. The active inquiry soon extended from rails to high grade public utilities and industrial. shares, equipments, steels. food and amusement issues being par- ticularly prominent. Covering of shorts was a strong factor, but the buying orders also gave indications of a renewed investment demand on the part of outside inter- ests. Gains off 2 to 4% points were maade by Jersey Central, Great North- ern preferred, Louisville and Nash- ville, New York, Chicago and St. Louty first preferred, Ann Arbor, Mexican Petroleum, Westinghouse Air Brake, American Locomotive, Consolidated OIL ACCOUNTANT Expert ofl accountant is in po- sition to handle small set of books been tay. ee in seven provinces of Gas, Pacific Gas and Tiectrio and Corn Products. Call money opened and renewed at 3% per cent. The upward movement assumed large proportions and proceeded at ® faster pace as the ist began to re- spond to the larger influx of outside orders. High priced shares contin. ued to be the most fancied with the railroad equipment and gas issues showing considerable buoyancy. American Car advanced 6 points, Great Northern preferred 4%; Chi- cago & Northwestern and Mexican Petroleum, Rutland preferred 4%, Pa- cific Gas and Electric 3% and Stand ard Oil of California, Canadian Pacific Northern Pacific, American Woolen, Delaware and Hudson, Baldwin Loco- motive, Railway Steel Spring two or Metals. NEW YORK, Aug. 21.—Copper quiet; electrolytic spot and futures 14. Tin steady; spot and nearby 32.75; fu- tures 82.87. Iron steady; No. 1 northern 31@33; No. 2 northern 29@ 31; No. 2 southern 20@21. Lead steady; spot 5.75@5.80. Zinc quiet; East St. Louis spot and nearby de- livery 6.15@6.25. Antimony spot 5.25. Foreign Exchange Firm. NEW YORK, Aug. 21.—Great Bri- tain demand 4.48%; cables 4.48%; 60- day bills on banks 4.45%. France demand 7.9! cables 7.99%. Italy demand 4.53; cables 4.53%. Belgium demand 7.59; cables 7.59%. Germany demand .08%; cables .09, Holland demand 38.95; cables 39, Norway demand 17.42. Sweden demand 26.52. Denmark demand 21.63. Switzerland demand 19.07. Spain demand 15.53, Greece demand 3.25. Poland demand .01%. Czecho-Slovakia demind 2.39, Argentine demand «26.37. Brazil demand 13.40. Montreal 99%. Money. NEW YORK, Aug. 21—Call money firmer. High 4; low 8%; ruling rate 3%; closing bid 4; offered at 4%; last loan 4; call loans against acceptances 3, Time loans steady; mixed collat- eral 60 to 90 days 4@4%; four to six months 4%; primer commercial pa- pers 4@4%. . NEW YORK, Aug. 21. — Foreign bar silver 69%0; Mexican dollars | Securities Ang. Am. Oil, THs, 1 Am. Sug. Ref., 6s, 1937. Am. T. and T., 6s, 1924 .. Bal. and Ohio, 6s, 1929... 2 5 a . Cuba R. R., Ts, ie .. Cuban Tel, 7%», 1941 .. Czechosipvak, &s, 1952.. 1951... Den. 6s, 1945 Denmark, & 7™ DuPont, Framerican, 7%, French Gov., 1945 French G: Gt. Nor., 7 Gt. Nor., 7s, 1936 Hock. Valley, 6s, 1924 LaBelle Iron, 6s, 1940 Paris LMRR, Queensland 7s, Quensiand, 68, 1 Sin. Crude Oil, Seine, 7s, 1942 Sol. & Clo, 8s, 1 y, Virginian Po ‘% 98%) Whitaker Clessner, 6s, 1941 99% 99% Un Bg & Pape 1942 99% 100 NOTICE OF ASSESSMENT. To All Persons Liable for Assess- ment in Sanitary Sewer District No. 10. Notice is hereby m that the Assessment Roll for it: Sewer District No. 10 was certified on the 15th day of August A. D., 1922, by the City Clerk to the undersigned City Treasurer for collection. The owners of any lots, tracts or parcels of land, or other property charged with assessment may re- deem the same for all or any por- tion of the liability for the cost of improvement by paying the entire assessment or any portion thereof charged against such lots, tracts or parcels of land without interest within thirty days after the first publication notice, to-wit: on or be- ie ae 18th day of September, A. The owners 6f any such lots tracts or parcels of land may re- deem the same from all liabilities for the unpaid amount to said as- sessment at ‘any time after said thirty days by paying the entire in- stallment of said assessment unpaid and charged against any lot, tract or parcel of jand at the time of such payment with interest thereon at the date of maturity of the last installment falling due, and the en- tire equal installments with inter- est upon the whole sum unpaid at the rate of six per cent (6%) per annum, payable at the same time that the installments are payable. All payments shall be made to the City Treasurer. This notice is given pursuant to the Ordinances of the City of Cas- per and the Statutes of Wyoming. In Witness Whereof I have here- unto set my hand at Casper, Wyo- ming, this 15th day of August, A. D. 1922. J. H. YAN DOREN, City Treasurer. Published August 16th to 26th, 1922, inclusive. oe Classified ads in the Tribune are winners and possibly the keys we give with every 50c paid at office will Win you a blg prize. * , Surveying and Locations Geologists Oil rts Expe: Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. I am a pioneer resident. ANNOUCEMENT __.1 wish to announce that I am a candidate for the office of Treasurer of Natrona County, subject to the will of the voters at the primaries, August 22, 1922. A PIONEER RESIDENT CLAIRE M. GILLAM in spare time, or will install mod- ern syztem of oil accounts. Reason- Subscribe far ths Tribune and get a key for every 50c pail B124f able fee. For interview address Box A-55, Tribune. County Attorney 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. TXINDAY, AUGUST 21, 1922. _—————___., FRANK E. LUCAS Candidate for Nomination on Republican Ticket for Secretary of State Save National Keys ‘And Get | $100.00 Savings Account Or One of the Samples of Merchandise on Display at The Wyoming Trust Co. Merchants Giving National Keys Automobile Accessories BRODIE RUBBER CO................+-++++-+-Tribune Bldg. Bakery CASPER STEAM BAKERY....... +++++224 E. Second St. Cleaner and Tailor S. H. ACKERMAN... + +116 E. Midwest Ave. Clothing _ SHIKANY SHOE & CLOTHING CO............142 E. 2nd St. Drugs THE KIMBALL DRUG STORES— Main Store .. : Midwest Pharmacy... . . Dry Goods HARPER'S ..... 0.020. 0ce se eeeeneeseee +234 E. Second St. Electrical Supplies ELECTRIC SUPPLY & CONSTRUCTION ............. GO... oo seinen ccecmecvccccecceeeecI42 E, Midwest Ave. Furniture ++++++-133 E. Second St. Kimball Bldg. Midwest Bldg. SHAFFER-GAY CO..... E. R. WILLIAMS STORE— No. 1—Blue Front Grocery... No. 2—Central Gro. & Market. No. 3—Grant St. Gro. & Market Hardware SCHULTE HARDWARE CO...............228 S. Center St. “Jewelry ~» AYRES JEWELRY CO..... Laundry TROY LAUNDRY CO.......... Up-Town Office ..... .110 E. 2nd St. +129 W. 2nd St. Grant & Divine ++e+e+-+--133 S. Center St. -326 N. Durbin . . . . -Market Bldg. Meat Market BLUE FRONT MARKET ++110 E. Second St. Millinery MRS. Mc’S HAT SHOP. .Balcony, Smith & Turner Drug Store Music Store My THE MUSIC SHOPPE...................,.238 E. Second St, Newspaper THE CASPER DAILY TRIBUNE and THE WYOMING WEEKLY REVIEW. Paints, Wall Paper, Decorating JOHN JOURGENSEN. +++245-249 W. 2nd Ave. Shoes GLOBE SHOE CO..................-....-230 S. Center St. Shoe Ri NATRONA SHOE SHOPS, CITY SHOE SHOP... ++-114 E. Midwest Ave. or . +++-118 W. Second Ste Stationery, Printing, Binding THE MILLS COMPANY ++++..240 E. Second St. Open a Savings Account With The Wyoming Trust Co. And Get Two Keys for Every Dollar PTOPLOOOP OOOO OOP POD OO LOO POOL OOO OSES OVS E OO OOOHSOOOO® Building Materials . Weare equipped with the stock to supply your-wants in high grade lumber and build: ers’ supplies. Rig timbers a Specialty. KEITH LUMBER CO. Phone 3 ? Tribune Wantads Brig Results fo 4