Casper Daily Tribune Newspaper, September 1, 1922, Page 10

? —— anes <rpetape soy PAGE TEN OILSSTRONGAT OPENING TODAY y Gains Are Recorded in rading on New York Exch ve —The general| thend of pr aye stock ma ket continued u! jo was @ repetition of ay's sraknes in low priced The noks = of the rise a scarcit shares have the market 0 shares aid American Ho and Midvale Steels were re actionary on the Union hs gains of a point tm early dealings. power of the} a sudden drop} or more The great absorbing market was tes of nearly five points Mexican | Petroleum from its earlier high level but this disappointment scarcely ruf-| en- ed by fied the confidence of the bulls, ergetic buying continuing in a wide} variety of shares. he sugars were run up one to two points on the an nftncement of an afvance in crude} sugars. Rock Isind, Famous Players, | Crneible Steel, Allied Chemical, Phil Mpa ePtroleum and General American Tank weer bid for at steadily rising Prices. Trading was on a ecale which foreshadowed total dealings of weil over a million shares SUGAR NEW YORK, Sept. 1—Sugar fu tures closed steady; approximate sales 19,650 tons. There was no change in refined sugar prices and a leas active| inquiry was reported. Fine granu- lated is suoted at 6.75. i | NEW YORK, Sept. 1.—Domestioc bar} giver 88%; foreign 69%c; Mexican | dollars 53%. NEW YORK, Sept. 1—Call money was strong; high 5; low 4%; ruling rate 4%4; closing bid 4%; offered at 5; tant Ioan 4%; call loans against ac: ceptances 4; time loans firm; mixed collateral 60-90 days 4@4%; 4-6 months| 4%@4%. Prime commercial paper 4 o4% f METALS | NEW YORK. Sept. 1—Copper steady; electrolytic spot and futures 14 Tin steady; spot.end futures $2.62 Iron steady and unchanged. Paget: Pot 5.906.00. Pik» 4; East St ees very 6.25. eCAUnony spot 5.25@5.50 directe* on aa ple Louts spot =a | Foreign Exchange NEW YORK, Sept, 1—Foreign ex- qe firm; Great Britain demand Le aeables 4.46%; 60-day bills on France demand 17.82; Italy demand 4.41 ® Belgium demand 7.4: TA2%. cables 7. Germany demand .08 cables .03%. Holland demand 28 cables 88.95. Norway demand 16.64. MNweden demand 36.48. Denmark de- mand 21.42. Switzerland demand 39.91. Spain demand 15.52. Greece demand 2.90. Poland demand .01%. Czecho-Slovakia demand 3.26. Argen- tina demand 36.37, Brazil demand 18.40. Montreal 31-32 —__ MAMMOTH GETS READY FOR NEW TEST NEAR ~ SITE OF MUTUAL WELL FOREIGN NEWS — «+ ° ° ° r ° ° \ Allied Chemical & Dye 2% LOCAL OIL & Allis Caalmers ....... 58% | Big Inq@an - 4 - ‘American Beet Sugar 47%) Boston Wyoming it American Can ..... €3° Bessemer . : 3 on = sti American Car & Tountry a5 18 fj Bask Creek ae a ' t Becurities Bia Asked | Swiss Gov., 8s, 1940 seek . American Hide & Leather pid. 72% |Burke : ‘ } 7 e ‘ Swiss Gov. 5is, Liquidations in Wheat Trad-| <msris? tional Corp. . 35% | Biack i ‘oa | ——— —_—_— Angle Am, Oil, 71s, 1925 103% 103% | Swiss Gov Sigs, 19: 1 American P. a 26 | si Ref... 6s, 1937 103% 104 ruguay §s, 1946 ing Halted by Reparations promont en “1 este — . H 38 | Producers & Refiners corporation is drilling in its No. 8 on o > nal ng js, 1924 .. 101% 101% HS Bax Pa. 6, aay, er Decision. Auaecsaa 85 |Columbine “*-1+--"3-. 42 ,3$ [section 30-40-78 at 2,475 feet. With the bit just entering the| Ao. g “Sma”es. 1930... 103% Whit. Glens. eaisdi 20) 98 DB oe America: 28% | Conso! oyalty. 3. a j i i 3 2) 99% 100% ee eel CHICAGO, Sept. 1.—Deciston of the] American 126% | Capitol Pete 3 ‘coms "100% | Sand no estimate is made of production but the result will be Bel. Gov., 6 1935 suey aes Teparations commission to grant Ger-| American Tobacco 167% Cow Guicn 0 4 | known within a few days. : eg 108%, 104 many 2 respite © payments due} American Woolen Pl pa 4 3 | No. 1 on section 34-26-88 in the Mahoney dome is stand-] priticn sis, 108% mice baldnee of 1998 hada, Mreny |S oeee | Cree int Eh Wiilliame 2.2... “62 é4 |ing cemented and will probably be completed the first of the | British, 104% today. Shor covering and w lack of| Ath; Gylt and West Se eg cs ae aes | coming week. Cand 93% further Liquidation also tended. to] Baldwin Locomotive 1 | weenie : 3; 650 | Other operations of the company stand as follows: Canada 200 send prices upward during the early] Rethiehem Steel “B° 78 |Gates 3 as es. ‘Salt Crest, ts & P. R: ax fealings. Receipts of wh Canadian Pacific ex div 148% | Jupiter. 03 | mostly $9.00; fag sheep slow; steady;} NO. 1 section 14-39-79, driiing at aes were es ed at 120 Reng he epee os a 08 {bulk fat ewes $4.00@$7.00. breeding art og pectigh 0'es-12,"'@cting ak 99x 1 September contrasts t Chandier Motor “02 1 é | No. 1, -40- y 102 orniang seece cele 16 aeetbeoeee Chesapeake and, Ohio: Te beaaed Gull, generally lower; teed8r*! 54 tect. A water well has been oor ’ seme : Chicago, Mil and 8t. 1.99 jauiet | pleted at this location. LP y Re 101% i spp ag, BNL Chi R. I. and Pao.’. 130 35 Sa No. 1, section 6-39-78," rigging up. | Chile. 8 194)" 308i, Early Completion of “Anns %o to 1X%e higher, with Septembe-}Chino Copper ....-.+. oy 0 | Omaha Quotations = Mihdeay Tease rine oe 105% Bell Wyoming Test Is 1.00 to $1.00%, and December $1.01@ | Colorado Fuel and Iron 2 18 | OMAHA, Neb, Sept 1.—(United} .. , Witton 39.2688 drilling at 6, 1950. --..- 91% Held Probable. $1.01%. was followed by « Corn Product - 50 -86 [States Department of Agriculture}— pl ab ainsad aaOe. Ss, 1923 .. 101 neral setback and then something | CT ie . Steel 03 -04 |Hogs—Receipts §,000; uneven and| Mas 14.7 ‘wention 4-25-88, drill! t 1924... 102% a ral meas Piapecs Lame ¥ ied stea“y +> 180 higher; bulk 200 to 300/, 17 2o: < ness, Grillins at! Copper Expt., 88, 1925 .. 103% 108 Reports from the Pickett Lake field, A good eraction set in later when|General Asphalt a 7 een ee 1% ‘02% | Pow butchers $8.25 to $r.15; top|® Wertz. cub. an ee Sn : See just over the line in Sweetwater coun- some of the | traders w: long |General Electric 18 Ey fay Exploration 2.2 240/930; packing grades fully s0QYs! sen. h, wection | 12690 Ciflling, usPotnaa ia isal-* 2 lean indicate that Interesting derelop- on a bulge of nearly two cents for] General Motors $10: | Caemere os. 7 ‘og [bulk 36.75@$ seeriees Caccacenrvake Sa; 132, ae ments may be expected to result from the December delivery and then tried] Goodrich Co. ... a8% | Wyo-Kans. 95 Cattle—Receipts 1,600; beef steers, | °"., 3, section 7-26-89, drilling at] Czechoslovak, Ss, . 94% the test now being drilled by the Anna Ss tales otek orts and commis. | Great Northern pt Ati 01 \stow steady to 15c lower M Jota eora ieee: ate Cenk Ban? 109 Bell Wyoming Of] company om see- < sion houses were good buyers early.| jroniation co 42%! ree corn feds up to $10 she) Del. & Hud., 515, 1937 .. 101% tion 10-26-9 At the finish prices showod a net futecoational 32094R ye ern States . ty and other classes slow, mostly) 3, ¢ section pen Se. a PtH While the exact depth of the weil with Sept. $1.00] Int. Mer. Marine pfd. . 87 ou pease tae 5 a on. leightinch at Detrott City Gas, ts. i947 300% 1s not given out, it is known that §\- mber $1 to] International Paper 58 | NEW YORK CURB CLOSID j Receipts 8.000; lambs 25c]/" X's section Spetiiarit eo, 1808 99%. inch casing is belng set in @ biui Invincible Oil 22% | ccmsetn préducers & $14 I< $12.50@12.75; sheop and ria: Desask Se, 100 110% shale which in other fields of the © the European] Kannecot¢ Copper pth) Merritt os : feeders steady; ewes 90; feeding 8, sepNon 25-26-87, drilling at| DuPont, 7%s, 1931 10745 state overlays the producing eands n also gave firmness to corn} Kelly Springfield Tire **! Gienrock Oil feet. Framerican 93 and it is the supposition that the and oats. After starting at unchang 64 figures to %o advance with Sept 58%o to 58%%c, the corn market scored additional advances ell around ‘went additional gains Provisions were weak despite high € otations in hogs. Open. High. Low. Close. WHEAT— Sept. - . - 1.00 1.01% 1.00 1.00 Dec ~ 1.01% 1.02% 1.01% 1.02 May . CORN— Sept Dec May . — OATS. Dei Ma: LARD. Sept. . - 1 Oct. 2, iow RIBS— Bent. oe Oct. . |__Butter and Eggs CHICAGO, Sept. 1.—Butter higher. creamery extras 36% firsts 2ic@ 33c; extra firsts 33%4c@35%4c; seconds 29% @80c; standards 34\%c, Egge—Higher; receipts 5,121 cases; firets 26%c@27%c: ordinary firsts 23%c@24c; miscellaneous 25¢4)262; storage packed firsts, 28c@28 tc. POTATOES . CHICAGO, Sept. 1.—Potatoos weak: Receipts 69 cars; total United States shipents 840; Idaho sacked rurals $1.00@$1.35 owt; Nebraska sacked carly Ohios $1.00@$1.20 cwt; Wiscon- sin eacked Irish cobblers $1.10@ $1.20 owt; bulk $1.25@81.35 cwt; Wis- consin sacked kings $1.00 cwt; Min- nesota sacked early Ohios $1.05@ $1.20 cwt; New Jerney sacked cob- dlers $1.50@$1.60 cwt; sacked Bur | banks $1.10@$1.15 cwt. ——— Ships driven by steam alwoys keep to the left of sailing vessels where Procticable. ——_——ee ss San Francisco has more hotels than any other city in the United States, With the single exception of New York. ————__ Pay a_k up for your Tripune and get for every 50c . 8-12-tf Louisville and Nashville Miam! 3 Mex Middle States Oil . be Casper Daily Cribune ARKET GOSSIP AND FIELD NEW Oil Securities Furnished by Taylor and Clay. Il New York Stocks Associated Press Leased Wire. |Salt Creek Prds ‘Salt Creek Cons. Prod. and Refrg. Marine 2/ Marine new . “140 11.00} 10.00 1.12 s 5.62 Receipts 475; Copper ..-+. n_ Petroleum vale Steel People's Gas or ot Baye (OW 0 caress ssc oscaches’ | Ray Consoildated Copper ..... 16%'Second 4s ++ 100.16 Reading ...... : 805 |Third 4%s + 100 Rep. Iron and Steel :> 69% | Fourth 44s Royal Dutch, N. ¥ : 57. | Victory United Retail Stores C. S$, Ind Alcohot United States Rubber United States Steel + 105% | Greybull Utah Copper senate 7014 | Gross Creek | Westinghouse Electric 63% hit, = | WiUys Overland . ikl seecneees American Zinc, Lea’ 37% car caeek Butte and Superlor S056 re ee | Montan Power 744 | Cala Petroleum 655% Shattuck Arizona 84%B Great Northern Ore ...-...... 41 Chicago and Northwestern Maxwell Motors B . ay LIST OF PROSPECTING = I . | CHICAGO, Sept. 1—{United States \Department of Agriculture)—Cattle Receipts 4,000; slow, steady to weak on practically all classes. Veal Chicago Prices. ~ {calves fully steady. top beef steers |early, $11.00; yearlings supply pro- Durtng the month of July, 278 of1 portionately large; bulk beef steers of| and gas prospecting permits were re-/quality and conditioned to seil at) celved by the bureau of mines from|%8.85@$10.25; best mixed yearlings the general land office and distributed | $10.25; bulk beef cows and heifers) at Bakersfield, Cal., Shreveport, La.,|@$4.15; bulk desirable vealers around permits had been received up to Au-|slow; Ughts and butchers 10 to 100 weight $9.75@$9.90; 230 to 260 pound! ~ |sows mostly $6.75@$7.40; pigs arowid Silver Is Cut =: higher, 115 to 120 pound averagps | NEW YORK, Sept. 1.—The New) $9.90; light lights $8.90@$9.75; peik- 99% to 99%0 per ounce .999 fine. This | Pixs _$7.50@$8.75. fact that the rovernment is now ac-| @12.90 to packers; natives tlow,| mint Instead of at the Philadelph’ ood natives largely $12.50; some con- Boys’ Suits, Pants, Hats and Shoes at School Talbet and See our windows Reports from tho field are to the effect that the Mammoth Oil company | is grading for location of a rig 70 feet | distant from the well which was started by the Mutual Oi! company on the extreme northwest corner of the southeast quarter of section 20-39-78 in the Teapot reserve from which rep: resentatives of the company were re qmoved by the marines early last month. It {s the supposition that a rig will be placed here and 4rilling startea. While no !nformation can be had from the Mutual interests as to: what will be done, tt is certain that qnis latest move of the Mammoth will Spring the matter to 2 showdown and that some action will be taken imme ie : = a come in and look | know that you-will THINK RICHARDS || Richards & Cunningham Co. to the respective field offices located! $4.50@$7.00; bulk bologna bulls $3.9(/ Winnett, Mont., and at Casper and/ $12.50. Denver. A total of 8,167 prospecting] Hogs—Receipts 14,000; markeit gust 1. | higher; others strong early; bis pac era doing little. 170 +o 220 pound Value of Bar [butchers $9.409$9.65; 270 to 30 \pound butchers $8.90@$9.35; packirig mostly $8.25@$8.50; heavy $7.90@9.4/5; Jmedium $8.90@$9.35; fight $9.5/@ York quotation tor bar silver of do-|Ins sOWs, smooth $6.60@$7.50; pryck- inestic origin was reduced today from |ing sows, rough $5.25@$6.75. killing reduction was caused by the increased| “Sheep—Receipts 16,006; western cost of transportation owing to tae| lambs opened steady; first sales $12.75 cepttng delivery of silver purchased |weak; spot 10 to 5c lower than under.the Pittman act at the Denver|Thursday’s average; packers baying nint. fidently held higher; cull natives We have just received a new shipment of Hats and Shoes, and are selling them at greatly reduced prices for one week beginning today. This will give you an opportunity to buy your School Suits, Shirts, a great saving. We will also give away FREE-with each purchase a Pencil or Set of Crayons. for prices, etc., and then over the new stock. We be.pleased. & CUNNINGHAM WHEN YOU WANT THE BEST + 100.18! $5 90@$6.25; feeder 0 $12.00. DENVER, Denver Prices. Colo., Sept market 08 fe 1.—Cattle— reat stead No, ht aanaiine: L H as steers $6,25@$7.50; cows and heifers.) , ment that thetr proposed merger with| Reports of serious deterioration in} Nie Wns ental 222002020 Sau Biutuel sx af x 1 Tigo gee0s calves $6.00@$9.00; bulis| “S04 feet nland company was illegal. Con-|the western part of the belt. gavel N. Y.. N. H., and Hartford .... 33% |Citios Service Com. .. 194.50 196,00] $2.50@$3.25; feeders, $5.00@$77.25. Rise solidated Gas broke 4 points in re-jadditional strength to corn, and the| Norfolk and Westers ......-. 118% Cities Bervic 15.60 »—Recelpts 628; market AY boars 93 Seenhe order of the public serv-|close was 340 to 1%e higher, with} Northern Pacific ............. 893 |Kensland, «7. -- 18.00 higher; top $9.40. buik $7.75@ fee cor gs the rate from | Sept O%c to 60 %c. Heese and Ref. . 2%)\* LIBERTY BONDS. | $9.10. $2.35 Cube feat] Oats ~were 440 to Mo higher at the} Dan American Petroleum ..$100.80| Sheep—Receipts, 398; market of the start with Sept. 31X%c and then under. | pennavivania ; + 100.30! steady; lambs, $12,00@$12.25; © lambs, $11.754 ee i Tandon Mores. 6 | THE BRIDGEPORT MACHINE COMPANY General Offices, Shops and Factories: WICHITA, KANSAS. Tulsa, Okla. Tonkawa, Okla. Shidler, Okla. 10, section 25-26-87, drilling at, |No. 13, section 25-26-87, beet 12, section No. 1 on section 14 in the x Draw field is drilling with a rotary. | Gas Flow Cased Off. {> A flow of gas was struck unexpect-| North. Pac. y in the well of the Black Magic| N Oil company on section 16-35-3W at al} depth of 1,090 feet. to be the same strata LONDON, Sept. 1.—Bar silver 3544) pig gas flow was encountered in the). Y key for every 50c_pu Seve renee ecerrererare: FRIDAY, SEPTEMBER 1, 1922. BOND SECURITIES Quotations Furnished by the John U. Fig French Gov. iscing up. drilling at 26-26-8 15-26-87, LaBelle Iro Jap. Gov., 4s, 1931 Sana‘ Jap. Gov Inn Gov. Miss. Pac. th. running Pac., O. Tr. P. Gt. N. 6% This 1s thought in which the O. Tr. & Lt., Edison, Bell_ Te... 7) BRANCH STORES: Ft. Worth, Breckenridye, Ranger, Rising Star, South Bend, Texas; Marietta, Ohio ~ ¥. Cen. 5s, 2013 |N. YY. Steam 6s, 1947 _ . 4%s, 8, 1936 things te per ounce. Money 1% per cont. ls-/Sunburst field at 1,105 feet, as thin| Packara ne dost Sinclair oe Aer . rytra jcount rates, short and three mont!s/test fs much higher structurally than| Pac, Tel. & Tel., 5a, 1 Sunes Raltwoy mee oan 27 di M ki t bills 2 11-16 per cent |the Campbell well. Penn. R. R., 7s, 1930.. Standard Oil of N. J. 186% Crude Marke > Tho gas ts being cased off and the, Penn. R. R., 6%s, 1936 .. Studebaker Corporation 131% Classified ads in the Tribune are hole will be continued to the Kootenat| Paris LM R.R., 6s, 1958 Tennessee Copper 10% winners and possibly the keys we where oll expected. This sand| Quesnsiand.: 7s, 2961 Texas Co. .... 48% | MTule Creek - 4.85 | give with every 50c paid at office will) should be reached within the next 10| Queensland. 6s, 1947 Texas and Pacific 3244) Brg Muddy | win you a bk: prize. 8-12-tf! gays. ars he Oil, bia. i938 Tobaceo Products 8645! sant Creek | ae 9 See Crude see. 192 Gnton Pacific ex aly 40% | Rock Creek — Wood, the sign man. Service, qual-| Subscribe for the Tribune and get a Ry., 6 1958 Pe 10045 96% same strata will be encountered here. Good showings of oll have been re- 103% 4 cently encountered and the forma- meats 112 | tions are running uniform with those in other producing fields. It will be necessary to wait about 10 days for cement to set before 4rill- ing can be resumed, but the hole will be carried to completion as quickly as 101% 102 possible and {t ts expected that it will AB an be in the producing c'ass within an- 109% 109% other month. 9 OB oe ee Classified ads in the Tribune are winners and possibly the keys we sive with every 50c paid at office wii? Win you a big prize. S124 Surveying and Locations Geologists Oil Experts Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. eee Augusta, Kan, Eldorado, Kan. « Florence, Kan.