Casper Daily Tribune Newspaper, October 4, 1922, Page 11

y OILS LEAD IN PRIGE ADVANGE andard of California Divi- dend Encourages Ex- change Demand. NEW YORK, Oct. 4.—Heavy’ buying ¢ off shares caused a further advance prices in today's stock market, Declaration of a 100 per cent stock dividend by the directors of the Stan- card Oil company of California, re- sulted in & sensational demand for that stock, 7.000 shares being sold in the first few minutes at prices ranging from 191% to 188. The next sale was 00 shares ‘at 134, and extreme rise of six points over last night's closing quotation and 14% above that of Mon. jay. Standard Ojl ot New Jersey w: ‘pushed up two points to a new high and gains of 1 to 1% were recormted ty Houston, Associated Of!, General Asphalt, Pacific O11 and California Petroleum. National Tiscu't was another individual feature, opening 2% points higher and soon extending ts gain to 3% paliits to a new record. Coca Cola also was in brisk demand, rising 3% poltits to a new brisk, Ralls were actively bought under the leader ship of Lackawanna, Union Pacific and Rock Island, all of which im- proved a point or more. American Radiator also sold at a new high price. i | if SILVER NEW_ YORK, Oct. 4—Foreign bar ‘er 69%; Mexican dollars 53. LONG EXPECTED AUSH MATERIALIZING IN UTA SALT LAK® CITY, Utah, Oct. 4.—~ The promised rush of drilling ma- chinery fo the San Juan ot] field in southwestern Utah has begun to mate- rialize. Advices from Bluff City re- ceived here indicate that at least five wells will be in progress within 20 days. Four truck loads of material have been hauled in from the Santa Fe railroad to the Organ Rock structure to be used, it is reported, on the Crammer property, a Denver enter prise. The standard rign are at Gal 1p, New Mexico, also destined for the Organ Rock section. One of these is probably for the Midwest Refining company, ‘The owners of the other have not been indontified. The Ameri can Bhell may be the interested party as the Shell has many Organ Rock Jocations, ‘The newtools for the Mexican Hat four feet of fossil. limestone directly above the cap-rock {fg saturated wi! ol. iL. Rath of Salt Lake has sone to the field to survey for the Monumental, Other .permtttees have eeht sur- veyors to the San Juan. The Utah Oil Refining company is said to have completed the survey it has been making of the Hast, or Raplee, anti- cline situated east of the Mexican Hat basin, $500,000 PUT UP TO DEFEAT CHICAGS MAYOR CHICAGO, Oct. 4.—Chicago vice in terests haye raived $500,000 to defeat Mayor Thompson for re-election and offered $50,000 to call off the drive against them, Dr. H. N. Bundesen, city ‘health commissioner told the na- tional homeopathic society in seasion here. “Chief Fitemorris and I have lost the mayor thousands of votes through ‘he tight against social diseases,” he said. “I personally have turned down a 450,000 bribe to stop the fight. The mayor was tendered a $506,000 eam- paign fund if be ousted me. but the money obtained through ¥ice was re- fused and the $500,000 will be used to elect @ mayor controlled by vice lords.” : Mother Dies, Youth Tries To End Life CHICAGO, Oct. 4.—-Walter Tiets, 17, was an old fashioned boy who cered for no companionship except that of his mother and his dog. Waite: mother died last Christmas,eve and he bore nis sorrow until last night Then he carefully locked his dog out: side the kitchen and turned on the kas. Physicians said be might recov- er " HEAT PRICES. Reports of Dry Weather Fail to Offset Peace Factor in Near East. CHICAGO, Oct. 4.—Although as a fesult of higher quothtions at Liver. pool, wheat showed som* upturns in }¥rice today during the early dealings, the market later eased Wown owing to dispatches pointing to progress toward Peaceful settlement between the allies and Turks. Estimates that as much a2 1,000,000 bushels had been pur chased yesterady {r+ shipment to Eur- ope gave only transient help toward upholding values. Reports of dry weather causing delay to fall plowing were also of but temporary aid ag a wustaining inf uence. The opening which ranged from %%c off to Ic ad- vance, with December $1.06 to §1.06\ and May $1.08% to $1,08%, was fl- lowed by a setback all around to be low yesterday's finish. Corn and oats reflected the action of wheat. After opening unchanged to Me higher, December 61% to61%, ‘the corn merket underwent a mod- erate general decline. Oats started unchanged to %e up, December 29 but later declined ali around. Provit:cas were easier in Iine with the hok market Butter and Eggs CHICAGO, Oct. 4.--Butter unsettled: creamery extras 42%; firats 344% @37 extra firsts 89@41%; seconds 32% standards 38%. Eggs unchanged; re. ceipts 6,253 cases, NEW YORK, Oct. 4—Potatoes steady on sacks, dull on bulk; receipts 107 cars; total United States ship: ments 1,068; Wisconsin sacks ind whites 75@95e cwt,; ditto bulk owt.; Minnesota sacked whites 30@25c cwt.; Minnesota sacked Red Rivers 90@$1.05 cwt.; Minnesota sacked sand land Thios, 80@90c ewt.; North Dako- im sacked Rea Rivers 90@$1 cwt.; South Dakota sacked Early Ohion 70@ BSc ewt; ewt. —— ‘ORDINANCE NO. 278A. Ordinance ber Se venteen, ‘Whereas, the hearing of the As- sesement Roll, as filed in the office of the City Clerk of the City er, W} eptember, A. D., 1922, for the grading and paving of streets and pirccns of streets in Paving Dis- ict Number Seventeen in the City of Casper, having been set down and coming on for hea: at o’clock in the evening of the 2nd day of October, A. D., 1922, at the City Hall on Center street, in the City of Casper, and due notice of this hearing having been £ en in ithe manner and for such time pro- vided by law, and said City Coun being caJled to hear all objections to said acsessment roll and sitting as a Board of Equalization for the of considering and acting upon said Assessment Roll.and any objections thereto, and e being no objections filed against said as- sessment roll, it was accordingly or- dered that said assessment be con- firmed. Now, therefore, be it ordered by the Mayor and City Council of the City of Casper: Section 1. That the said Aszess- ment Roll filed in the office the City Clerk of the City of Ces- per, Wyoming, on the day and year above mentioned for the grading and paving of streets and portions of streets in Paving District No. Seventeen in the City of Casper be, and the same is hereby confirméd, |t and the City Clerk is hereby in- structed to certify to said Assess- ment Roll and deliver the eame to the City Treasurer for collection. Section 2. The sum charged against each such lots, tracts and parcels of land or other property in the Assessment Roll heretofore coa- firmed on Paving District Number Seventeen, or any other portion of such eum not p: day period provided by statute and thereafter remaining unpaid, shall be paid in ten equal anstual intallmenta sum as chaged at the rate of six per cent, and each year hereafter one such installment, together with due thereon, and all i jereafter to become due} ed in the manner and d this 2nd day of October, A. D., 1922. W. A: BLACKMORE, (Seal) ~ Mayor. Attest i > H. H. PRICE, City Clerk. Publish Oct. 4, 1922. GIVEN SETBACK 2: Michigy.o bulk whites 75c Confirming Assess- ‘ment Roll on Paving District Num- of Cas- , on the 6th day of id within the thirty-) With interest upon the whole unpaid! ate Saale -:- Stocks - ican American American | American American |American Can Car and. Foundry Hide & Leather pid. Int i Cory American 62% | American 80% American 48% |American 122% | American 126% jAmerican cd Anaconda 33 | Atchison atl, Gult an es Baldwin Locomotive - Beitimore anc+ Ohi! Bethlehem Stevel Canadian Pacific -... e 41% |Chandier Motors — ay |Chexapeake and Ohio 4 | Chicago, Mil. |Chicago, R. 1. and Pac Chino oCpper --.. jColorado Fuel and |Corn Products -. Crucible Steel |Erle - Femous General Asphalt General Biecttic |General Motors Goodrich Cor [Great Northern pfd. | Ulnoie Central |Inapiration Copper jInternational Harvester — 108 Int. Mer Marine ptd. — 5s lInternational Paper - - 8 Invincible Of - 16% (Kelly Spriogfield Tire 43% Kennecott Copper 25% Loutsville and Neshyille 138 Mexican Petroleum 18sy - 3% - WI ~ 4% 21% 97 N. ¥. N. H., and Hartford — 31 Norfolk and Western 120% Northern Pacific -. 56% Oklahome Proc, and 2% Pacific Otl 58% Pan American Petroleum us 4 42% { 14% H 18% Sinclair Oon Oil — Southern Pacific Southern Railway Stanéard Ol of N. J. | Studebaker Corporation 4 128% | Tennessee Copper 10% 47% 29% cco a4 Transcontinental O!l — 15% |Union Pacific 150. | United Retail Stores yU. 8. Ind. Alcohol - United States Rubber - ‘United States Stee! Utah Copper -. Westinghouse Electric ‘Willys Overland American Zinc, Lead ani Butte and Superior Cala Petroleum 6 103% « 33% 64% Montana Power —_- spa, Shattuck Arizona 5% Great NorthernOre 40 Chicago and Northwestern _. 92 Maxwell Motors 17% Bank The report of the federal reserve board for the week ended September 2% shows a substantial increase of business of| over the previous six-day period for the entire country. Regarding this increase the report says: ‘The voluntd of ‘business for the week ending September 20, as mens ‘ured by debits to individual accounts reported to the Federal Reserve Board banks leading centers, aggregated $9,413,000,000, or $1,180,000,000 in ex- cess of the total charges for the pre vious week. This increase is due ap- parently im part to charges on account of tax payments, also of subscriptions to newly issued Treasury. certificates, but reflects also the larger volume of business reported from all parts of the country. All.the important cen: jters report larger figures than the week before. jLarger tan kverage gains’ are sown for Boston, Philadel phia, Baltimore, Detroit, Dallas and San Franc'sco, As compared with the week-ending ! September, 21, 1921, the volume of | '‘DEBITS TO INDIVIDUAL REPO: Colorado ‘Springs, Denver, Colo. Junction, Guthrie, Okla. Hutchinson, Kan, Independence, Mo. Kan. Pittsburg. Kan. - Pueblo, Colo. {St Joseph, Mo. — ‘Topeka. Ki \Tulsa, Ok i Wichita, Kan. FEDERAL RESEAUE BOARD REPORTS BIG INGREAGE JN ALL DISTRICTS Casper Moves up to Tenth Position in This District ~ With Substantial Gain in IRTING CENTERS. DISTRICT No. 19—KANSAS CITY— Che Casper Daily Cribune 'S AND QUOTATIONS BY LEASED Oil Securities | Furmlshes by Tayler and .Clay: ; | 1 WAAKET GOSSIP MMDWEST HAS ONE COMPLETION AND FIELD NEWS - Grains -:- Livestock -:- All Markets FINANCIAL NOTES ; = ; Standard Oll company itor Black 5 Only one well was completed during the week by Midwest |Am. sug. Ret. 6s, 1987 - 102% Oe eer ena Meneee ne etree A wag Refining company, that being Salt Creek Consolidated well) Am. T. and T., 64, 1924. 101% 103% | PONS.) December mace: of eu Columbine No. 28-A on the southeast quarter of section 31-40-78 which | Bel. Gov., 99% 99% lord December 9. Boe rane made an initial output of 299 barrels at 2,152 feet. __ | Bal. & Ohio, 6 101% -—- Gey Gdien The Nieber Dome test is being mudded around the casing |“ bt o 1. * as _Zultaian company ¢ Domino _ at 805 feet. Midway test is drilling at 3,485 feet. Prepara-| "0 0°". aed 2% | «' ot ge he adie tlons are belhg made to mud the cas-} pected that several more holes will sh Sia, === 206% 107% | am: #5 ing at.2,400 feet tn the Baxter Basin | be started in the near future. | British Si = 100% 101%, ‘ gen : klyn U 105% 1064, Dun‘s report shows Crowe well No. 2 in the Notches lone wes be MS retnaren A id ts waiting for cement to set Showings tn Guernsey Well. | Canada 6s, 99% |the third quar around the 154g-inch at 975 feet Prospects at the test well being|Canads, 60, 1938". wali] tiga. tebcniouy 422 Jupiter — = rx drilled west of Guernsey are continu | canada, $< 3931 .. lan increase of Lance Creek Royaity- Markham Well Near Sand. ing good with more showings of ofi|/f=nada’ f, 1952 99% | 00,000 leas f Lusk Royelty Latest reports €rom the Markham|and gas becoming apparent as the bit|C"nada Sigs, 1929 | i921 I ncagete well drilling near Manderson stated] progresses. There is consider: >. 3 Sa icra’ | = that good progress is being made and| water in the hole which makes it d c. és ~ 100% 101% spected that the Greybull sand weill be tapped within the next ‘few days. The hole is now at an approx Royalty & Procucers — depth af 2,000 feet Tom Bell Royalty 5. cha D. arroerce So ge welts Ashiané-Weoming Will Shoot, Wyo-Kanuy -- Drilling haa been stopped at the Ww » Tex. Ashland Wyoming well a mile south Wostern States -... of Greybull and the hole will be Y on ~aaewee - plugged back to the 0 foot level NEW YORK CURB CLOSING. | 2nd shot at that point. A good show- Mountain Producers .$ 15.37 $ 15.50] °D& was encountered at that depth Merritt — é sou} and it belleved that a shot «will Glenrock Oil 1.18 develop a flow that may run as high Salt Creek Pri 17.00] as 200 barrels. The showings at that Salt Creek Cons. 11.60} point were sufficient to cause lea Prod. & Refrs. 10.00} holders in that vicintly to plan de {Marine - velopment. campaigns and it is ¢x/ Mrrine new : ia 2 Mutual nae a 8. O. Indiana 4 | Cities Service Com. 196,00 aries ‘. ie Stock New ork 3.00 Live Stoc LIBERTY BONDS. 3s $100.70 34s ~$100.70 Chicago Prices. First 4s - 99.30 CHICAGO, Oct. 4.—4United States Second 4s = 99.641 Department of Agriculture.}—Cattle— Biret 44a - 99.93 | Receipts 13,000: strictly choice and Lepemedipn ag prime native beef steers strong to Es Niche) higher; top matured beef steers $12.65; | aeededy other grades beef steers slow; western NPY ae gruesers in liberal supply; few well conditioned “North Dakota grassers $10 shighest of year; bulk beef steers ae 500611.25; bulla steady to strong; Crud. ar her c'asses about steady; bulk desir- eM et atte bologna bulls $4@4.15; bulk veal calves early around $11.50; bulk stock- ers and feeders $6. } ficult to determine what the ties might be but at a lower ¢. 1941 --- 108% 104 or | Con, bs. 91% | idena per n Oct 2 | test will be made: It is estimated that | Copp Expi 383° 101% | stock of record on October ¢ 300 feet more of drilling will reach I + 102% 102% | ‘ the producing sand and the hole wil! ( r Expt 3 | industriafa on the stock ex be carried down with ail the speed pos. | res. Cork & Seal 62, 19 a esinnic able ‘ Am. Sug., 88, 1931. Se. } aed cu . 1936 ; Cuban 1 Holbrook Test Nears Sand. | Crow 1942 PULLMAN SHOWS DEFICIT Excellent progress is being made tn | Czeche 1951 2 ; the test of ‘the Adamana Oi! company |an. Con. Mun Ss, 46 106', 109 CHICAGO, Oct def of 46 near Holbrook, Ariz., aqgorcion to Inte! — & Hud Bien, 1937 1OL% 102% 4 ee8,072 rt nt of rt reports. The bit is ndw in a hard|penmark Ge, 1842 oe 840 in Aividenc reported by th brown shale at 2420 feet and Deut 945 ~----- 100% 110 | punman company here for the tise ‘ ; roit City Gas Gs, 1947 101% 103% - | detieved that it ts nearing the Good-| ty bone 7. 108% year ending July Thig apparens rich sand, which is the producer in| pramerican a3 | defic:t now w converted the San Jaun field across the Utah! yrench Gov. 99% H surflua for the . line where there are a number of| French 95% 96 | by the receipt of $7.8 shallow producing wells. It i» ex-|}Great. Nor., 12% 103 government in pected that owing to the depth, the ‘eat Nor 110k aim f production will be Jarger at this polnt| lock. Valley, 6. 100% 301 | cont than where the shallow ones have been O. and R., wom The trying business con: completed. + ing during the year were PES Oe Hi 4 flected in the report, Star Valley Attracts Attention. 4¥%s, 1936 93% Bear SasPS Be Ta = 8, 1935 93% Thin valley__,okt 3 ast 4%s, 1925 93% Much attention fs now being al , 6m, 1040 ~ 2008 101% Gi rT t Gi 1 a] tracted to the Star Valley district in T. and T., 59, 1962 99% 997% Iris: IPAS. the southwest part of this state a O. Tr. & Lt,’ 6s, 1947. 95 96% | extending over the line into Idaho This valley which ts 60 miles in length and 15 wide at the widest point has been @xalined by geolog’sts who ex N. press the opinion that {t is one vast | oll reservo N The Wallace-Wyoming O!1 company is drilling in township 7, range 46 on the Idaho side of the line and has attained a depth of 500 feet. So far the structure is running true and it in expected that producing sand will be ckard, North North Pa N. P, Gt ¥ € Y Penn. Penn. Paris L. Queensland Clear Your Skin With Cuticura Pac., 5) Cen., . » Sialgo, Oe itenestet sek MAE haae i eenrwbere fg Sdison, 6% 2 Steam, 6s, $s, 1931 and T. R. R, in R. R., 64%, =~ 110% 212 {. R. R. 6s, 1958_ te 1941 = 108% SWAN UNDERREBAMERS Gat Creske $130] Hors—Recelpte 16,000; around 19¢} found at leas than 1,000 feet. However Queensland 63, 1947 ~--2 101% 102% Mule Creek bulk 189 to 240-pound| it is not believed that this sand carries | Seine, 7s, 1942 86% 86% Big Muddy 50} averages $9.70@9.85; top $0.90; fewlou in quantities and that it will be | Sin. Crude Ol). 99 Salt Creek 70 | choice 240 to 250-pound butchers $9.80] necessary to drill about 1,800 feet t el. & Cle, & 108 107 | |Rock Creek - 801 @9.90; bulk packing sows 87.40@8; de-| reach the real pay horizon. 1925 ane +4 zea Osage —- 1.29] ceable pigs $9@9.26;—heavy $8.65@] The Wallact-Wyoming {is a sub Raat Gee I Sane. Copee, 130] 9.85:-medium $9.65@9.90; Ught lesse of the Salt River Wyoming ~ 10am 104% AT“YOOR 24 | @9.85; light light $9.30@9.60; packing |Tdaho Development Trust. The last % 12 % 2 STORE 1.20 a 121% 122 SUPPLY’ STORE |Graas Creel 12 i 5 50@8.20; packing | named company is composed of Penn 106 = 107 4 » Torchlight 1.20] sows, rough, 60; killing P'S8/syivania capitaliste at the head of 100 Sunset _ 05 | $5.50@9.25. which ig A. C, \Btickel, coal and coke Sheep—Receipts ‘18,000; opening gen- erally steady; no choice fat lambs sold eariy; best western held somewhat higher: few degirable native lambs sell- ing at $13.50; better grades contident- ly held higher; god 98-pound Montana yearling Wothers $11; goot fat Wash- ngton ewes $6.50; desirable Washing- ton feeding lambs $14.75. An tak known aa ‘lovers’ ink" was lonce sold in Paris. \ jcame worthless evidence. It was guaranteed to fade away in less than a month, so that letters written with it soon be- Later its sale was stopped by the pol'ce. mega Ain crt Tribune Classified Wantad. Try Omaha Quotations. - OMAHA, Neb. Oct. 4,—(United States Department of Agriculture.)— Hoge—Recetpts 8,000; mostly 40c to 50c lower: bulk packing and mixed grades $7.28@8; bulk medium and light butchers $8.75@9.40; top $9.60. Cattle—Receipts 7,300; beef steers nbout steady; short end slow; top $11.50; she stock slow, mostly steady; bulls and veals unchanged; stockers and feeders slow, generally 10c to 1c lower. Sheep—Receipts 20,000; lambs _most- ly 25¢ lower: bulk lambs $13@13.50; }top $18.65; fed clipped lambs $12.40; heep steady; ewe top $5.85; feeders strong, early sales of choice western ; some held higher, ‘DOUD AND EAVEREA 10 (PEN NEW IRIE HERE Casper’s newest garage will be that of Doud and Eayerer which will be Debits business for the week under reyiew shows ari increase of $893,000,000, or of about 11 per cent. For New Yor® City an average rate of increase of $702,500,00 !s shown. Increases over corresponding 1921 figures are also shown for all the other larger cen- ters, except Pittsburgh, Baltimore, De- troit, Milwaukkee and San Francisco. | located at 436 West Yellowstone after The total number of centers report-jthe middle of the month and which ng for the week is 249, of which 166] will handle Paige and Jewet: cars. jare included in the summary by Fed-| Lee W. Doud has been with the eral reserve districts. Paige people of Denver for the past Casper moved from twelfth position | four years and has had splendid oppor tunity to study the business from all les. Fo. Go Weaver has been with the Thomas Sweet Motor company of Denver for several years. The two men togther bring to the business in Casper a wealth of information and experience that should make their new enterprise entirely successful Besides ‘the regular models in cars, the company will also carry stock rts and°will have an up-todate ser- vice station. | |to tenth in amount of bank debits in the tenth district with headquarters ‘at Kansas City. It ts ahead of Chey: ene, Colorado Springs, Joplin, Pueblo, Muskogee, Kansas City, (Kans. and other cities in the territory of larger population. | The report for this district follows: ACCOUNTS BY BANKS IN (in Thousands of Dollars | Week ending Sept. 20, 1922. Sept. 13, 1922 1,222 368 2,004 3,439 1,8885 Coal Producers And. Miners Are In Conference CLEVELAND, Ohio, Oct. 4—By The Assoc'ated Press.}—With accred- ited spokesmen designated by the op- erators, bituminous miners and coal producers went, into joint conference here today tc carry out section three 4, * 83, 433 1.06€ 891 5-985 | of the Cleveland agreement, providing 7.023} for the naming of a commission to 1.763 | ormulate a method to be followed by 49.159] the soft coal tXdustry in negotiating 4.360 a@ wage Scale agreement to become ef. fective April 1, 1923, when the pree ent contract between miners and oper a:zbs | ators expir The Cleveland agree rT | signed August 15, last, practic ally settled the coal strina +|drillers to believe that they are near operator, and C, B, Franks. banker and coal operator, both of Connelis- ville, Pa. This company control leaseholds in the valley amounting t more than 130,000 acres, located part) in Caribou and Bonneville counties, Idaho, and the balance in Lincoin county Wyoming. E. 8. Sloane, formerly of Kentucky, now of Pocatello, Idaho, is the geolo- gist in charge and {# directly respon: sible for the interest now being taken by the Pennsylvania capitalists in the development of the valley Showings In Deep Test. The deep test of the Barnsdal! Foster company is drilling in the Koo- tenai at 3,842 feet in the Lake Basin district of Montana and is drilling in oil according to Igest reports, Cav ings have almost Mocked the hole but oil is seeping through and there is some gis present which ‘Ieads the | ing the producing horizon In the event that this sand does not produce in commercial quantities the company is prepared to go to lower sands which are known to exist at that point and which are expected to show good p duction when tapped. Preparatio are being made for a new test «ix miles due south of this location which will test out the Eagle sand in which showings were encountered in the deep hole but cased off. This may also develop into a deep test if the Hagle does not carry sufficient production 1 Drilling Resumed In Test. Officials of tho Thompson-Elk Rasin company whose operations in the Elk Basin field have been held up for some time awaiting casing, are now ready to proceed with drilling and the hole will be continued with all possible speed Midwest Refming {5 building and equipping a 90-foot derrick here for a test which it is said will be carried to the Greybull sand. The Thompson test is drilling lower on the structure than any well so far completed and! it is expected that ofl will be tapped instead of gas as has beon the result in the other wells. NDERREAMERS YOUR Y STORE Surveying aud Locations Geologists Oil Experts Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. Effective today the following change of prices will be in force on. KELLY- SPRINGFIELD TIRES: CORD TIRES 30x314 32x81 81x4 32x4 33x4 84x4 32x44 838x414 34x41 835x414 36x41 88x5 84x65 5x5 37x5 36x6 38x7 40x8 80x3 30x8314 $2x314 Blx4 32x4 88x4 84x4 $10.30 — 11.90 so, 6.80 ws 19.20 — 22.00 22.80 23.80 ‘Another Substantial Decrease in Prices We Absorb the War Tax Casper Supply Co.