Casper Daily Tribune Newspaper, November 27, 1922, Page 9

Oil -:- Finance -:- Bonds - ONDAY, NOVEMBER 27, 1922. ‘PTOCK PRICES GRAINPRICES FORCED DOWN Many Representative Shares| Offered at Lowest Foint in Many Weeks. NEW YORK, Nov. 27.—Speculators| for the decline forced further rece: sion in prices tn today’s stock mark: a number of representative shares, | including United States Steel” com-| mon, Baldwin and Studebaker reach- ng new lows on the movement, Short covering imparted some strength to! the opening prices but whén this was copieted the bears renewed their pres. sure and brought quoted values t their lowest levels in some time. approximated 1,200,000 shares. NEW YORK, Nov. -Irregular price movements took place at the pening of today’s stock market, good recovery belng shown by some of the| representative shares, which were un- der the most pressiire in Saturday’s| reaction. Baldwin, Studebaker and American Locomotivé each moved up a point or more, presumably on short covering, and were followed Into. high- er ground by Pacitie Oil, Bethlehem| “B", United Retail Stores, St. Southwestern, Louisville and Nash: le, Corn Products and New York ventral. A special buying demonstra- tion took place in Piggly Wigs’ which was pushed up 4% points. Northern Pacific dropped one point to a new low level for the year and losses of %4 to 1 peint also took place) in Atlantic Coast Line, Chicago) Northwestern and Chesapeake” and! Ohio. Other weak spots were New York Air Brake, National Lead, Cru- cible, Pacific Gas, American Writing Paper preferred, Roya] Dutch, Amer- ican and Continental Can and Aliled emical, the declines ranging from 1 to 1% points. Foreign exchanges opened irregular. - : Selling by speculative interests| caused a ‘general sagging in prices! after early dealin, United States} Steel "was depress: ta 100%, and ome of the in¢ependent steels also. gave way sharply, Republican Steel, | common and preferred, losing 2 points each. Pressure elsewhere re- sulted {1 numerous declines of 1 to 2 points and wich Coca Cola, Pullman and the, tobaccos showing marked | heaviness, A brisk rally set in later, Mexican Petroleum rising 614 points, General BHlectric and Pan-American 3% each, Standard Ot of New Jer-) sey 2%4 and Baldwin. Studebaker and several other of the leaders ore point or more, United States Steel got back to within a small fraction of Satur- dove close. A lower rato, for call money, which opened at 4% per cent! and then,eaged.to 4% and.a new high for sterling exchenge, had cheerful effect: on sentiment. ‘Tho rally carried a number of tm- portant Btocks to levels of one to four Points beyond Saturday's closing, among which were New York Central Union Pacific, Reading, American Can, United Fruit, American Sugar and General Asphalt before batter- ing tactics were resumed by the ears. Large amounts of stock were ‘then thrown upon the market driv-; \ing down many of the favorite specu- lative shares to the lowest prices of he current movement. United States } Steel sold at 100%, Baldwin dropped ™% uncer last week's final, Atiantite ‘cast Line 3%, Marine pfd, 3 and Studebaker, American Can and Cru- ible ard Bethlehem Steel ‘By’ two points. Tue closing was steadier. Short cov- ering was again undertaken in the inal hour, covering rallies of 1 to 2 points in a number shares, but closing rices_generally. were below those of turday. % Foreign NEW-YORK, Noy. 27.—Foreign ex- changes Irregular. Great Britain de- mand 4.51%; cables 4.52%; 60 day bills on banks 4.49 11/16. France de-| mand 7.03; cables'7.04. Italy demand 14; cables 4.82. Belgium demand) cables 6.52%. Germany demand Holland demand | cables 39.57. Norway demand Sweden demand 26.96. Den- mark demand 20.31. Switzerland de- nd 18.65. Spain demand 15.00%. reece demand 1.49. Poland demand .00%. Czecho-Slovakia demand 316%. Argentine 36.87. Brazil demand 12.62 Montreal 100.* a NEW YORK, Noy. 27.—Copper steady; electrolytic spot and futures 13% @14. Tin firm, spot and nearby 36.50@36,75; futures 36.25. Iron steady, No, 1 Northern 29@30; No. 2; Northern 28@29; No. 2 Southern 23 | 23; lead steady, spot 7.10@7.20. Zinc} quiet; East St. Louis, spot and near-| by delivery 7@7.05, Antimony spot $6.50@6.75. i a Cotton. NEW YORK, Nov. 27.—Spot cotton quiet; middiings $25.25, Exchange SWAN UNDERREAMERS Bs jmand were ja FAIL TO HOLE Rally Follows Weak Openinx but Favorable Crop News Is Depressing. CHICAGO, Nov, 27—Wheat showed a downward tendency today in the early dealings, enlarged domestic re- American American American Car American American merican American Anverican 8 eek CRs gees i La ceipts and lower Liverpools quotations | “tehise: counting as bearish factors. Favor- ble weather conditions in this coun-| try were also bulls. fluence against the Besides, Argentine offerings to | Europe were reported as increasing nd the Argentine harvest making general progress. The opening, which ranged from % to %c lower, with May 1.14% to 1.45 and July 1.06% to 1.06%, was followed by a moderat additional of a rally. Subsequently, indications of some-| what Mberal export business lifted the market to slightly above Saturday's finish, Sut new declines ensued owing to"#ome degree to nan increase of the visible supply total and to nsles of wheat to go into storn here. The close) was unsettled %% to lisc uet lower with May 1.13% to 213% and July 1.05% to 1.05%. Corn and oats sympathized with the weakness of wheat, but were relative- ly firmer. to %c lower, 68% to 68%, the corn market eased a little more and then revovsved to about Saturday's finish. Subsequert gains failed to hold. eports froin the west as to cash de- ecnflicting. The close was nervous.at \@*.c net decline to a shade adyance with May 68% to 68%. Oats started unchanged to 4@%: lower May 41% to 42 and later re- covered practically in full. Provisions were easy.in line with hog prices. R Cash Grains CHICAGO, Nov. 27.—Wheat No. 3 Ted 1.25; No. 2 hard Corn No. 2 mixed 704% @71%; No. 2 yellow 71@72%. Oats No. 2 white 43% @45 No. 3 white 49% @43 Rye No. 85@85%. Barley 65@72. Timothy seed 6.00@6.75. Clover seed 15.009@20.00. Pork nominal, Lard 12. Ribs’ 11.00@12.00, Open High Low Close Wheat— Dec. May July 115% 1.16% 1.14% 1.14% 1.15% 1.19% 1.06% 107% 1.07% % 85% 68% 2% Ay 39% 1.15% 1.13% 1.05% 69 % 1% ALM 41% 39% 68% 68% TK Alm 41% 39% 69% 68% 61% Ay Alt 39% -10.25 10.27 10.22 10.22 -10.40 10.40 10.35 10.35 5.65 9.65 Butter and Eggs CHICAGO, Noy. 27.—Butter “un- changed; ci ery extras Sic; firsts 41@45c; extra firsts 48% @52c; seconds 39@40c; standards 48%4c. Eges higher; receipts 3,020 casei firats 47@bic; ordinary firsts 40@45 miscellaneous 45@48c; refrigerator 27% refrigerator firsts 25% @26%4c. Poultry alive higher; fowls 13@19: springs 18%c; roosters 12¢; 5c; geese 19c. “POTATOES CHICAGO, Nov. 27.—Potatoes are steady; receipts 108 cars; total United States shipments ; Wisconsin sacked and bulk round whites 85c @$1.00 cwt.; Minnesota sacked and bulk round whites 80@90c — cwt.; North Dakota and Minnesota sacked Red river Ohios 95c%$$1.05. cwt.; South Dakota bulk early Ohios 80c cwt.; South Dakota sacked and bulk round whites 70@85c cwt. piakn cat esata ac SUGAR NEW YORK, No —Sugar fu- tures closed steady; approximate sales 20,000 tons. ‘The market for refined was firmer and prices were from 10 to 15 points higher, a new high record for the season with fine granulated listed at $7.10 to $7.25. There was a fair inquiry reported. NEW YORK, Nov. 27.—Call money casier; high 4%; low 4; ruling ,rate 4%; closing bid 4; offered at 4 loan 4; call loans against acceptances ‘Time loans firm; mixed collateral, 60-90 days 5; 4 to.6 months 5; prime commercial paper 4%. Flax Seed. DULUTH, Minny Nov. 27.—Closing prices. Flax seed, November 2.37 bid; December. 2.34 asked; May 2.2674 asked. —_—_—____. In Detroit an alleged murderer was arrested while calmly shaving him- self. with the same razor with which he is charged with having slashed his wife to death a halt hour before. tae rt tbat 2S Poison gas so deadly that one-tenth one per cent of it in the atmos. phere would be fatal been used successfully in clearing a ship of rats 2nd vermin, + has sag, and then something | CG After opening unchanged | 1.17@1.17%.! Bethlehem Steel “B' | Canadian Pacific Central Leather {Chandler Motors Chesapeake and Ohjo | Chicago, Mil and o.. Paul .. | Chicago, R. I, and Pac. Chino Copper Solorado Fuel and Iron Illinois Central ----..--- Inspiration Copper ----.. International Harvester Int. Mer Marine pfd. — International Pauper Invinelble Oil earl i | Copper -.- +=. Louisville and Nastivilie Mexican Petroleum Miami Copper -.-.--.. fi¢dle States Oil | Midvale Steel Misaourl Pacifse New York Central ow N. ¥ H., and Hartford Norfolk and Western Northern Pacific Oklahoma Prod ané Pacific Oil |Pan American el Pennaylvanial {Peaple's Gas Pure Off —-.-. Ray Consolidated Copper --— Reading ~. = Rep. Iron and Steel Royal Dutch, Sinclair Con Olt Southern Pacific — Southern Railway —-— | Standard Oil of N. J. - | Studebaker Corporation | Tennessee o5% 11% 90% | 20%) be 112 4 | Tobacco Products | Transcontinental Oil j Union Pacific | United Retail Stores U, §. Ind. Alcohol - United States Steel — | Utah Copper - ‘Westinghouse Electric -. | Willys Overlanc - | American Zinc, Lead and Sm.- ‘Butte and Superior -. ‘Cala Petroleum SSE IAG Cash Montana Power --.----. Shattuck Arizano Maxwell Motors B __— American’ Linseed Oli 28 BUSINESS TREN UP IN ALL LINES Building, Autos and Steel Show Big Advance; Plenty 6f Work. turkeys |, ‘What change has taken place in the business affairs of this country! Not more than a year ago everyone was deploring the fact that there were at least 3,000,000 people out of work. Some stated even a higher figure! Now employers are calling for help in some sections, saying that the restrictions , placed on immigra- tion have caused 2 shortage of 1,300,- 000 workmen. In retail lines it !s predicted that the merchants of the lMnes will expe rience a greater volume of Christ mas trade than they had last year by 15 per cent. In vier of all the sur- rounding circumstances those in the retail field are advised to order and have their requirements shipped at once, One very good reason for the ad- vice to buy now is the rail car short- age which already has become a fac- tor. This will be more of a disturb- ing’element in November when the peak of the car shortage is expect- ed to occur, I: will reach a crisis with an actual shortage of approxi- mately 90,000 cars. This dearth of freight cars has a logical basis when one stops to consider thet there is now three times as much pig iron be- ing turned out in the United States as was produced in the same time Jast year. In the automotive industry which today directly affects a-greater num- ber of industries than any other man- ufacturing enterprise, the same cond!- tions hold, Statistics indicate a 1922 production of over 1,800,000 cars, a clear gain to the industry of 600, 000 cars. This business re: its a total of almost $3,000,000,000, of which tires represent approximately one-fourth, according to Miller tire statisticlans. The business trend in all lines is distinctly upward ané with no very tangible element in sight to offer even a temporary setback. Building permits in. the . country have been 33 per cent greater than last year and of course supplies such as lumber, etc, have to be shipped as well as iron and steel from the mills. As a result of this increased | activity in nearly all lines. railroad shipments are greater than they were last year by 17 per cent, be Casper Dailp Cribune Securities by Thvler and Gay. Oil Pinugen Mountain Producers Merritt Glenreck Oil Salt Creek Pras. Balt Creok Con Prod, and Refrs. Marine new Mutual -$ 1625 $1 7.00 ities Service Fensiand .. Mammoth — New York Oil Second 4%s ----.---.-----.- yg | Third 4% MARKET GOSSIP AND FIELD NEWS NJ STANDARD MAY ENTER FELD It is expected in Washington that bids fof the royalty oil from the Salt Creek and Cat Creek fields which were to have been opened on November 15, will be opened some time this week upon the return of Secretary y Fall from New Mex- ico, although it may be some time later before the successful offer is announced. It is reported that there were ff. teen bids about evenly divided be- tween the two fields, among those for the Salt Creek product being: the Midwest Refining company; - Pro. ducers & Refiners corporation; Texas company; Sundance Petroleum company, which announced some time ago that it expected to build a pipe- ige to Forsyth, Mont.; Sinclair Con wolidated Oil corporation; the Mutual Mi company; and the Middle Stytes Ml corporation whose announcer ent ¢ its entrance to the Wyoming fields vas made last week. It ts also umored that the Standard of New ersey has submitted a bid and ac cording to opinions in oil circles this means a split between the Standard of Indiana and the parent company Although It is denied by both the ndlana Standard and the Gulf Oil ~rporation, it is generally believed hat the latter company has been absorbed by the Indiana concern and hat its aquisition will result in a weak of the Standard interests as the ult is the principal competitor of he Humble in the southern fields which is a subsidiary of the New Jersey corporation, and ‘as a means of retaliation that company may mter the territory of what hes bi yeretofore exclusively the Indiana eld in open and keen competition. Such a course would result in a great hange in local market onditions whic! yould be welcomed by opera ors in this territory. New Well Helps Middle States Ol! Lease Development company, the big prospecting concern which {|.recently acquired about 12,000 acres CHICAGO, Nov. 27.—(U. 8, Depart ment of Agriculture.}—Hogs receipts 54,000; early market steady; bulk 17(¢ to 225 pound averages 8.10@8.15; few choice 240 to 280 pound butchers 8.20 top 8.20; few 140 pound averages 8.25 desirable Pigs mostly 8.25; heavy hogs 7.90@ 20; medium 8,05@8.20; light 8.05@ Nght light 9@8.25; packing s0Wws, smooth 7.40@7.75; packing sows rough 7.16@7.50; killing pigs 8.10@ 8.25. : Cattle receipts 26,000; beef steers generally strong to 15c higher; spote up more on better grades short fed Killing quality plain; approximately 3,500 western grassers included in early top yearlings 13.35; several short fed steers 7.75@8.50; bulk native steers of quality and condition to sell at 8.00@9.00; three loads heavy but plain Canadian to killers 6.00; some other westerns to feeder buyers 5.00@6.75; according to quality; she stock steady to strong; bull about steady; veal calves weak to lower; stockers and feeders fairly active; strong to 15c higher; bulk desirable heavy bologna bulls around 4.25; bulk best veals early to pacber around 8.00; bulk canners atound 3.06. Sheep receipts 26,000; opening fair- ly active; fat lambs steady to weak; 15.00 paid by shippers for one load, prime native lambs, city butchers top 14.60; 14.50 to packers; Uberal supply rangers, mostly feeders; no early saies; sheep dull, around steady. Omaha Quotations. OMAHA, Neb., (United States De partment of Agriculture.)—Hogs re- ceipts 5,000; active; mostly-10c high- er; bulk mixed and packing grades, $7@7.55; bulk 190 to 250 pound: butch- ers $7.60@7.75; top $7.85. Cattle receipts 11,000; beef steers steady to strong; top corn ferts $11.50; she stock strong to 15c higher; bulls unchanged; veals- 0c to $1 lower; stockers and feeders stronger. Sheep receipts 8,500; lambs strong to 26c higher; fed clipped Idmbs show- ing most advance; bulk lambs $13.50) @13.80; top $13.90 fed elipped lambs $12.25@ 12.35; sheep strong; early ewe top $6.50; some held higher; feeders steady; feeding lambs $12.50@13. DENVER, Colo., Nov. 27.—Catti receipts 6.500; market steady; beef steers $5. cows and hetfers $3.50@5.60; $6@8; . stockers and feeders $5@7. Hogs receipts 2,000; market 25¢ to 40c higher; top $7.75; pulk $7.25@ 7.70. Sheep receipts 28,000; market steady; uambs 12.50@12.35 ewes $6.25; feeder lambs $11.75@13. . per ctascndias't ka hati SILVER NEW YORK, Nov. 27.—Foreign bar silver 64%; Mexican dollars 4°. by lease front the Middle States Oi! orporation for development purposes reports that it has drilled in in sec tion 24-15-20, Columbia county, Ark. what promises to be a very. large pro ductr. Steps are now being taken to gauge it. In this immediate locality ll Lease Development has 200 acres. Closs A leases, under the terms of which fiddle States Oil shares equal- y in the earnings. Also Middle States nd Southern States jointly have 00 acres adjacent, to which the new well gives a large value. Corstruc: tion of a short pipe line will connect his new field with the northern term nus of the Louisiana & North West allroad, which is controlled by Mid- le States Ol corporation, Price Raise Great Benefit. “Substantial benefit to the com panies in our organizations wil! re ult from Standard Oil's classification of Mid-Continent oll prices, posted re cently,” according to Gov. Haskell hairman of Middle States Oil and Southern States Oil. “The new prices varticylarly affecting them, $1.26 per barrel for 33 gravity up to $1.80 for 19 gravity, advance the income of Turman Oi! over $1,000 per day, all the combined properti dite States and Southern States ap. proximately 5,000 a day. The new lassification should also increase the rate of interest on United Oil Pro- ducers bonds materially above 16 per cent per annum on the coupon due January 25 next.” Crude Stocks Make Gain. Pipeline and tank farm gross do- mestic crude oll stocks in the Unit- ed States increased 1,615,000 barrels in the month of Octobet, according to ‘lgures compiled by the American Petroleum institute from | repo! made to it by representative compan- jes. The net change shown by the re porting companies accounts for in creases and decreases in general crude oil stocks, including erude ol in transit, The increases shown by major ter- ritories follow: East of the Rockies California 300,000 -1,315,000 ~---1,615,000 Total inc: ------- Figures for October. ------- According to the American Petrol- eum. Institute's analysis of complete official petroleum statistics for Sep- tember, 1922, there was an excess of indicated domestic consumption and exports over domestic production and imports amounting to 1,401,165 bar- rels, for thé month, or at an annual rate of 17,047,825 barrels, compared with an excess consumption for the previous month of 2,232,018 barrels, or at an annual rate of 26,280,365 barrels, while there was an excess production of 2,314,571 barrela or at an annual rate of 28,160,480 barrels for September, 1921. Exports and Consumption. Exports of all petroleum to foreign jcountries and to non-contisuous ter- ritories of the United States totaled 6,455,891 barrels in September, 6,063,- 599 barrels in August and 6,889,209 barrels in September, 1921. The indi- cated domestic consumption of petrol- |rum and liquid products was 44.668.- 763 barrels in September, 50,906,915 barrels in August and 35,403,339 bar- rals in September, 1921. The excess of domestic production over indfcated do- mestic consumption was 577,247 bar- rels In September, while there was an excess of indicate? production of 4,285,915 barrels in August, compared with an excess production of 1,104,661 barrels,in September, 1921. ‘Production and Wells. Domestic production of crude off totaled 45,246,000 barrels, a dally average of 1,508,200 barrels in Sep- |tember, compared with 36,508,000 bar tyéls, a daily average of 1 bar- rels in September, 1921. 1,580 producing off “welts conipieted in September, against 1.709 in aguet and 788 in September. 1921 Imports. Imports of all ofl into the United The | Sta average barrels: August 10,390,975 barrels. o dally average of 363,322 barre! in September, 1921. 9,352,5 a daily average of 311,751 ba - Pipeline and Crude Oil Stocks. Pipeline anéd tank farm crude stocks as of Se 0, 244,726,000 barrel: 991,000 barrels. ove scks at the end sf August, while Augu jocks in creased 4,402,000 barrels over the pre eding month. oft rease of 2,- soline. ot gasoline Septem- co 2 compared with 13,094,247 barrels in August and 9,926,500. barrels in September, 1921 Stocks September 30, were 16, barrels, August 31, 16,755, and September 20, 1921 barrels. Exports in September were 1,114,483 barrels, in Auzust, 911,194 barrels and in September, 1921, 928, 487 barrels. The indicated domestic consumption of gasoline in Septem: ber was 11,985,029 barrels, in August. 13,829,973 barrels and in September 1921, 10,248,716 barrels, Kerosene. Profuction of kerosene in Septem ber was 4,712,741 barrels, in August 4,390.069 barrels, on in September 1921, 3,66 barrels. Stocks, Sep- tember 30, ’ 838.9: barrels. August 31, 6,798,098 barrels and Sep ember 30, 8, 838,929 barrels axports in September were 1,717,023 varrels, in August, 2,078,959 barrels nd September, 1921, 1,324,891 bar- e's. The inCicated domestic consump: ‘on Of kerosene in September wi 2,251,510 barrels, in August, 3,24 "53 barrels and in September, 192 2,786,436 barrels. Gas and Fuel Oil. Production of gas and fuel olf September wa: 1 August 22,483, tember, 1921, i Stocks September 20, Ww barrels, August 31,32,538,9' and September 30, 1921, barrels. Exports in Septembe 1,781,501 barrels, In August 1 barrels and in September, 1921 181,463 barrels. The’ indicated domes tle consumption of gas and fuel oll in September was 20,111,048 barrels, in August 2 139 barrels and in Sep. tember, 1921, 16,928,061 barre's. Lubricating. Production of lubricating oil in Sep: tember was 1,953,731 barrels in At- gust 2,114,860 barrels and in Septem: ber, 1921, 1,644,128 _ barrel ocks September 30 were 5,112 barrels August 31, 5,254,012 barrels and Sep- tember 30, 1921, 5,481,605 barrels. FE ports in September were 669,915 bar rels in August, 64 86 barrels and in September, 1921, 498,951 barrels. The indicated domestic consumption of lubricating ofl in September was 1,- 425,261. barrels. in August 1,609.56% barrels, and in September, 1921, 1,- 438,098. in Production 9,66 1 in Financial Notes Henry Ford will inspect | 195,600 acres of coal Iands in eastern, Ken- tucky and western West Virginia this week for which he is negotiating with the Elkhorn Coal company. ‘The prolonged strike in the Amos- keag mills at Manchest H., the largest textile plant in the world, has been called off and the unions have returned to work under pro! ‘The Lockwood invéstignting cow mission is holding a special meeting in New York today in attempt to avert a tie-up in the building trades of that city. The federal trade com eay considering the r of the Bethlehem and Midvale Steel companies. Great Britain ports the open door United States regarding Sast at the Lusanne conference unqualifiedly ‘sup- policy of the the Near JP. Morgan started Liverpool for New York. today from The regular session of congress is expected to take up the ship subsidy SWAN UNDERREAMERS Surveying sud Locations Geologists Oil Experts Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. OG. Box 325 Room 10, Daly Bldg. PAGE NIN - Stocks -:- Grains -:- Livestock -:- All Markets WS AND QUOTATIONS BY LEASED W , bia % notes French Republic, French Republic, 7 Kingdom of . Belgium, Kingdom of Belgium, 6s Kingdom of Norway. is ~ °K. of G. B. & I, 6%, i U. K. of G. B, & 1, Sige 193 American Sugar, 6s American Tel and Tel ev American Tel and Tel. Armour anc) Co.. 4%" Baltimore and Obio, cv Bethichem Steel ret... 5 Bethlehem Stee! p. m. Se - Chi. Burl_and Quincy ref. Chi, Mil, and 8t. Paul, cv 4s Goodyear Tire, 8s 1931 polyear’ Tire, 8s .1941 Grand Trunk Ry. of Can Grand Trunk Ry of Can. 6s a - ws. & Texas, new adj Ss A - Great Northern, 5 1-38 forthern Pacific pr len 4s won Short Line ref.. 4s ific Gas and Electric, 6s n RR, pading gen. Sinclair Ol Co., Sinclair Oil of Cai., Union Pacific first 4s U. B, Rubber, 74s 8. Rubber, 5s Utah Power and Lig! Western Union 6%s Westinghouse Electri + aaron col tr., fx bill, then farm credits: Washington believes that railroad legislation will not be included in the program with little chance of the president discus sing it In his message. Business in the west continues to} hold its recent gains and In many lines is showing further improve- ment. The first national sugar congress was opened Saturday in Havana and 60 questions are down for discussion It is said a strike is threatened among the planters who will refuse to deliver cane to the mills until the present method of calculating pay- ment is modified. Twenty industrials 92.78, off Twenty ralls 82.58, off .88. Inthe quarter ended September 30, 1922, the Turman Ot] company reports gross earnings of $403,874, expenses of $72,924, dividends patd of $231,439 ind a balanes of $99,510. In the pre- vious quarter gross $547,194, ex penses $88,724, dividends $207,692 and balance $250,774. >In explanation of the smaller earnings, 1 statement to stockholders says: “The price of oil Jeclined during the last quarter. Dur- ing this period we recetved an aver. ago price of 470 lean per barrel than was paid us in tre qquarter ending Tune 30. In all fields we have gone slowly, doing little more drilling than we were forced to do, conserving our potent'al of] reserves for the higher price that we think will come." Middle States Oil's subsidiaries have declared the following dividends: Imperial Oil common, regular quar- terly of 2% per cent, extra % of 1 per cent, and Imperial Oil preferred, regular 2’ per cent aquarterly; Texas Chief Oil, regular quarterly of 2 per cent, extra 1 per cent; Dominion Oil, regular quarlerly of 2 per cent, extra 1 per cent; Ranger Texas. Ol, regular aquarterly of 2 per cent, extra 1 per cent, all of the above payable Janu ary 1, 1922, to stockholders of record December 10, 1922 Middle States Oil's hoard of direct ors will meet November 29 for divi dend consideration, several members of the board now being absent in- specting Wyoming and Texas now acquisitions and laying out business programme. a2 RNING’ Desperate man at large, when Ia. seen he wore an old suit that h been cleaned and pressed and made to look like new by dake, the Nifty Tailor. Main Floor, Wyatt Hotel, Phone 61. ’ 11-26-7t 90%, 109%, 107 Don't waste; he fs not the best carpenter who makes the bent chipg. Soret NOTICE FOR PUBLICATION. Department of the tterior, U. S, Land Office at Douglas, Wyoming, October 28, 1922, Notice ix hereby given that Cecil Milo Morris of Casper, Wyoming, who, on October 5, 1920, May 13, }1921, made homestead and addi- tional homestead entries, No. 026158-026159, for homestead, |NE section 19, township 34 N,, |R. 80 W., and additional, home- stead N%, N%S% section 19, township 35 N., range 81 W., sixth principal meridian, has filed notice of intention to make final three- year proof, to establish claim to the land above described, before Marion P. Wheeler, United States Commis- joner, at Casper, Wyoming, on the seventh day of December, 1922. Philip Frank, Will Patton, John ; Dingman, Robert Marquis. B. J. ERWIN, Register. | Publish Oct. 30, Nov. 6, 13, 20, 27, 1922. NOTICE FOR PUBLICATION 1 Department of the Interior, U. 3. ;Land Office at Douglas, Wyoming, October 23, 1922. Notice is hereby given that |George T. Brown of Salt Creck | Wyoming, who, on October 6, 1920, made homestead entry No, 026252 jfor W%SW% section 1 and h% |SE% section 2, township 40 N. range 79 W., sixth principal.merid- jan, has filed notice of intention to make commutation proof, to estali- lish claim to the Jand above dé scribed, before United States Com- missioner, Marion P, Wheeler, at Casper, Wyoming, on the fifth duy jof December," 1922, Claimant names as_ witnesses: Robert Milton, Alice Harmon. L. k. |Snow, Mrs. C. D. Bailey, all of Sait Creek, Wyoming. B. J, ERWIN, Register. Publish Oct. 30, Nov. 6, 13, 20, 27, 1922. SWAN UNDERREAMERS Dairy and Chicken Feeds, Oil Meal, Stock Salt. Car lots a specialty. CASPER STORAGE CO. 313 W. Midwest Ave. Do Your Christmas Shopping Ea BUY IN rly CASPER Use your Credit Call 15 or 16 and give Miss Classified your Want Ad— we'll send bill later— no extra charge for credit. Use your ’Phone