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

! OLS CLIMB IN STOCK MARKET Mexican Petroleum’s Sensational | Rise Leads List in Advance. Dec. 21.—A buoyant today’s stock mar Secretary Mel- | NEW YORK, tone developed in tod ket on publication of jon’s prediction of further veseees prosperity, additional extre ae disbursements and announcement 0! unusual yearend shut down periods in EXPORT Ta AOOSTS GRAIN Market Rallies in Final Hour Following Weak Demand at Opening. CHICAGO, Dec. 21.—Active export business led to @ material advance in the wheat market today at the last. shipment for Gulf ports. The close was strong, % to l%c net with May $1.25%@125% and $1144 1.14% Subsequent'y, offerings ce, and with estimates July becam curre d the a railroad shares led being indications of investm ing in a number of the riers. Sales approximated ebares. 21.—Further !r Pe acai the opening regularity took piace & of nears stock market with | the} 33 and losses about evenly div mer The nature of the trading indicated that it was largely & professions! ©° fair with comparatively littie outs! Caltforna roleuum rtictputi . tontinued ita rise to Ee Te ¢ the Pan-A Gespite denials of t : jeum companies and Mexican Petro! sesaniee that they were negotiating property, an-American issues also opened frac’ 1 , Mos te railroad shares mors. incited $9 1 ses being x ease, fractional los Rees fo Chesaperke and Ohio, and Hudson, Northern Pac outh- Pacific and Unica F ; om Fesues, nowever, moved up 1% points. Allied Chemical, National Creek Coal were mod Marine preferred con- pressure in farther re- yeculative uncertainty re * dividend action Utah Copper also changes opened Yead and Pond rately strons. finued ungr flection of Sy garding the directors at today's meeting. was weak. Foreign ex! The market lacked a definite trend during most of the morning. —Reac tionary tendencies were manifest In the equipment, steel, food and chem foal shares. while the high priced ol and public utilities were bought at rising prices. Mexican Petroleum was the spectacular feature, opening at 4 points higher at 262 and then a4- vancing in successive sales to 268, $6 and 290, the highest p 4t has ever reached, Pond Creek Coal soared 414 points to a new top price for the year and gains of 3 to 4% scored by Fisher Body, points were Tidewater O!!, Woo'worth, California Petroleum, and Pacific Gas and elec tric, lant named responding to an increase {+ the dividend rate. Jer wey Central, Houston Oil, United Frult, Delaware and Hudson and American Car were conspicuously weak. The whole list strengthened around noon in response to a buying demonstration in the coal share. Baldwin rallying 2 po'nts. Call money opened at 4% per cent. The extraordinary rise in Mexican Petroleum, the price touching 322 In the early afternoon, an overnight gain of 64 points, stimulated the en- | tire oll group and @ndirectly strength- ened the general run of industrial! shares. Pan-American A and B, Gen- eral Asphalt common and preferred, ‘Associated Oil, Royal Dutch, Sinclair, Cosden and Pacific Ol advanced from 4 to 3% points. Marine preferred sud- Genly climbed 2% and there was al teavy absorption of the tobaccos which improved 1% to 2 points. Kelly- Springfield, Texas Gulf Sulphur, In- ternational Paper, and Van Raalte Suk were also bid up strongly. The closing was strong. Prices con- tinued their upward course in the late @ealings in response to fresh buying of high grade railroad and equipment ehares. Union Pacific, Southern Pa- cific, Reading, Chicago and North- swestern, New York Central and Bald- win rising one to three points. Foreign Exchange NEW YORK, Dec. 21.—Foreign ex: changes firm. Quotations in cents: Great Britain demand 4.64%; cable: 4.84%; 60 day bills on banks 4.61%. France demand 7.48; cables 7.44. Italy demand 5.08%; cables 5.09. Belgium @emand 6.82%; cables 6.83. Germany @emand .0158; cables .0159. Holland demand 39.82; cables 89,86. Norway demand 19.01; Sweden demand 26.93; Denmark demand 26.07; Switzerland demand 18.94; Spain demand 15.74; Greece demand 1.25; Poland demand/ 0056; Czecho-Slovakia demand 2.97; | Argentine demand 38.06; Brazil de-! | | | METALS | i | “NEW YORK, Dec. 21. — Copper| firm; electrolytic spot and nearby 14% @14%; futures 14%. Tin firmer; spot and nearby 38.12;/ futures 28.25@38.50. unchanged. 35. Zino quiet . Louis spot and nearby delivery 7.00@7.10. ‘Antimony spot. 6.25@8.50. UNDERREAMERS » UR STORE AT. Y SUPPL iy [firsts 44@ 4014 that Europe had taken ushels the market moved br: 1,000,000 y up CHICAGO, Dec. 21.—Wheat turned downward in price today during the early dealings after a little show of strength at the start, Continuation of yesterday's selling on the part of hold- ers acted as the principal bearish {n- fluence. Initial upturns were a: scribed to firmness of Liverpool quo tations, despite setbacks in price on this side of the Atlantic. The open- ing here, which ranged from %e de cline to %e advance, with May 1.24% to 1.24% and July 1.13% to 1.14, was followed by slight gains and then by a setback all around to below yester. day’s finish. Liberal recetpts of corn here tended to pull down prices of corn and oats. After opening % to %c higher, May 73% to 78%. the corn market under. went a material sag. Later the corn market sympath- ize) somewhat with the riso in the value of wheat. Corn closed unsettled, %o met lower to %o advance, May 73%. Oats started %c off to a like ad- vance, and later showed loss for all deliveries. Provisions lacked support. Cash Grains. CHICAGO, Dec. 21.—Wheat, No. red $1.34@1,35; No. 2 hard $1.28%@ 1.28%. Corn, No, 2 mixed 75% @76c; No. 2 yellow 75%@T6c. Oats, No. 2 white 48@470; No. 4 white 44@45\c. Rye No. 2 90%sc. Barley 72c. Tim- othy seed $6@6.75. Clover seed $16@ 20, Pork nominal. Lard $10.50. Ribs $10.50@11.50. High. Open. Low. Close. WHEAT— ~ = = 127% 127% 1.26% < 1.24% 1.25% 1.28% . 1.13% 1.14% 1.13 CORN Dec. - - - 7 15% 73% May - - . .73% .73% Piiees ceoe et 178% OATS— Dec... + 44% 44% 44 May A5% 46% 45% July - - - AB 43% 42% LARD— Jan. . — — 10.85 10.42 10.30 May - — - 10.62 10.67 10.57 RIBS- Jan. 10.75 May 10.55 RL ERLE oe Pe ["porarors | CHICAGO, Dec. 21. — Potatoes steady; receipts 31 cars; total United States shipments 452; Michigan and Wisconsin bulk round whites 80@1.05 cwt; Minnesota and Wisconsin sacked round whites 75@95 cwt; Idaho sacked rurals 95@1.00 cwt. Butter and Eggs CHICAGO, Deo 21.— Butter lower, creamery extras 52c; standards 48%c extra first 48@50%c; firsts 44@46%4c; seconds 42@43c. Egss lower; receipts 3,820 cases; firsts 46@49c; ordinary firsts 38@40c; miscelianeous 44@46c. SILVER NEW YORK, Dec. 21.—Foreign bar silver 68c; Mexican dollars 48c. MONEY NEW YORK, Deo. 21.—Call money firmer; high 5; low 4%; ruling rate 4%; closing bid 5; offered at 5%; last loan 5; call loans against acceptancee 4; time loans steady; mixed collateral 60-90 4% @5! 4-6 months 4% @5; prime commercial paper 4%. Heart Throbs Identify Man Under Arrest NEW YORK, Dec. 21.—Harry 6in- clair, arrested last night as a burg- lary suspect, has been identified by his heart throbs. Thinking the prisoner’s description allied with that given by Dr. Henry foeller, as the man who last Sunday ught, entered hie office as a patient nd beat and robbed him, police sent or Dr. Moeller, Assisted by his son, uso a physician, Dr. Moeller ex- amined Sinclair with a stotheoscope ind declared the prisoner's heart beat was the came es that of the man he vxam'ned in hin office Bunday, ine ‘lafr said he was an actor, pees eit el Sant * Flax Seed DULUTH, Minn., Dee, 21,—Cloeing cash prices, flax seed December 2.6) January 2 May 2.44 asked: Much of the foreign buying was for American higher, | he Casper Daily Critune -:- Bonds -:- Stocks - S AND QUOTATIONS BY LEASED Allis Chalmers a American Beet Sugar American Can | American | American {American American | American American American American | American Sugar s Sumatra Tobacco T. and T. Tohac-- Woole.1 Copper — Anaconda Athion .—._- Atl. Gulf and W. Indies —_... Baldwin Locomotive Baltimore and Ohio Bethlehem Steel “B' Canadian Pacific Central eLather Chandler Motors Chesapeake and Ohio Chicago, Mil and St Phicago, R. f. and Pa Chino Copper Colarod Fuel and Corn Products Crucible Stect Erte Famous Players Lasky Paul - Iron General Asphalt General Electric General Motors Goodrich Co, ----. -33% B Great Northern pfd. Miinols Central Inspiration Copper International Harvester Itn. Mer Marine pfa. - International Pape: Invincible Ott - Kelly Springfield Tire — Kennecott Copper Louisville and Nashville Mexican Petro! Miam! Copper Midfle States Oil Midvale Steel Missouri Pacific New York Central Y., N. H., and Rartford -. Northern Pacific Oklahoma Prod. and Ref. Pacific Oil Pan American Petroleum Pennsylvania People’s Gas Pure Ot Ray Consolidated Copper Reading Rep. Iron and Steel -—~. Royal Dutch, N. ¥- 52% Sears Roebuck - 88 Binciair Con Oil 32% Southern Pacific - 88% Southern Railway. - 24% Standard Ol of N. J. - 38% Studebaker Corporation — 134% Tenneesee Copper -----. 10 Texas Co. ----- 47% Texas and Pacific - 21% Tobacco Products — $3% Transcontinental Ott 12% Union Pacific ---- 137% United Retall Stores, -. 12% U. 8, Ind. Alcohol 66 United States Rubber 52% Unitec: States Steel 106% Utah Copper ----- 63% Westinghouse Electric 59% Willys Overla: ~ = 6% American Zinc, Lead and Sm. -16% b Butte and Superior 81% Cala Petroleum 66% Montana Power 67% Shattuck. Arizona --—. 8B Great Northern Ore - 31% Chicago Northwestern Maxwell Motors B - ‘onsolidated Gas American Linseed Oil CHICAGO, Dec, 21.—(United States Department of Agriculture.}— Hogs receipts 45,000; early market steady with Wednesday's best time; later slow, about 5c off; bufk all weights early $8.25@8.30; top $8.30; packing sows $7.30@7.85; Gesirable pigs most- ly $8.00; bulk $8.00@825; heavy hogs $8.10@8.25; medium $8.15@8. $3.15@8.25; Ment Mght #8.15@8.2 packing sows smooth $7.50@7.85; packing sows rough $7:30@7.60; kill- ng pigs $8@8.25 Cattle receipts 9,000; beef steers ac- tive! generally strong to 25c higher, largely 1Sc to 25c up; better grades reflecting most advance; top ma‘ured steers $23; several loads $i1@11. bulk beef native steers $7.75@8.50: butcher she stock steady to strong: canners and bulls strong to 10c high- er; veal calves fully steady; stockers and feeders slow. ‘ Sheep rece'pts 12,000; opening a& tive; fat-lambs strong to 250 higher: spots up more; early. top $15.25 to packers; desirable fresh clipped ted lambe $12.85; feeders and sheep fully steady; choice fat light weight ewes $7.50; heavy feeding lamps $14.40. Omaha uotations OMAHA, Neb., Dec. 21.—{U. 8. De- partment of Agriculture.-—Hogs re- ceipts 14,500; fairly active, mostly Bo lower; spots off 10c early; bulk mixed and packing grades 7.15@7.65; bulk butchers 7.85@8.00; top 8.05. Cattle recetpts 4,300; beef head up to 11.00; bulk fed eteers 7.00 @8.50; all other classes genersliy steady. Sheep receipts 7,000; lambs steady to easier; heavies showing weakness; ‘ulk «10.75; sheep and yearlings steady; yearling top 11. wothers ewes 7,50; feeders weak; top feeding lambs 14.15. Denver Prices DENVER, Colo., Deo, 2).—Cattle receipts 1,700; market steady to weak; beet steers 4.0@8.60; cows and heifers 4.75@5.00; calves 6.0009.00; stockers and fosters 3.5007.8, Hogs receipts 1,900; market stoads | to strong; top 8.75: bulk 7.80@8,10. Sheep receipts 3,900: market steady larnps 12.60@14.25: ewes 4.00@6:71 | tecder lambs 12.00G14.20. steers | steady to strong; best here 9.35; off/ Oil Securities Furnished by Taylor and Clay LOCAL OIL STOCKS Bid Ask Bessemer —_ 22 Big Indian — is aq Boston Wyoming to ¥ Buck Creek aa 1s Burke _. 24 26 Blackstone 8a: a4 36 Black Tail ot 08 Chappell 39 Al Columbine aa 4 Consolidated Royalty. 1.20 1.22 Capitol Pete Cow Gulen Domiso -.... 06 Elkborn 03 &. T. Williams 73 Kinney Coastal Compass Fran —. 62 Gates lo Jupiter — 7) Lance Creek Royalty. .02 Mike Herry -- Mountain & Guit Outwest Red Ban Picerdy Preston Royalty & Producers. |Tom Beli Moyulty Westerr, Expicration - VyoKans, - Wyo. ‘ex. 1 \Western States 28 ¥ On Hae NEW YORK CURB CLOSING Bid Ask Mountain Producers -$ $ 18.00 lerritt - ey SRY, 8.00 lenrock Olt — - 1.00 1.06 Salt Creek Pras. - 20.50 20. salt Creek Cons 10.00 10.25 Prod. and Refrs 7.00 10.00 Marine new - - 6.00 6.00 | Mutual -..--.. - 11.63 175 3. O. Ind’an 116.25 116.60 Cities Service Com. -- 168.00 170.00 fensland —— 2.62 13.00 New York Ol! 16,09 18.00 Mammoth Ot 4 - 42.00 4 | LIBERTX BONDS, 34s $100.54 Flest 4s - 98.80 Second 4s 98.00 Second 4Ks - 98.74 Second 4%s 98.16 Third 4%s 98.80 Fourth 4%= --—. ones Victory 4%s 100.34 pele Ree, j Crude Market | Hamiltoh ..--——.--..-------$ -10} Cat Creek ~ - 1.20) Mule Creek = 165 big Muddy = 0 Balt Creek - 70 Rock Creek - Gorchlight — Sunset --- Elk Barin Oreybull Lander WYOMING OILS NeW YORK, Wyomilge olls at Dec. 21.—Prices of DP. m. today were ed on the New York curb as fo! ows: Boston-Wyoming 100; Fens'and 14; Glenrock 100; Merrit 7 Mountain Producers 17%; Mutual 11%; 1 1-16; Salt Creek 2 oo SINGLAIR GETS ROYALTY CRUDE FROM WYOMING (Continued from Page One) fields and palce then: vin an even basis for competition, The contract with the Sinclair com pany, according to Secretary Fall es tablishes the precedent of buying crude oil on a quality basts instead of in bulk regardless of quality. Under the contract the price varier with the specific gravity the oil purchased, the higher gravity bring ing the higher price and interior, de. partment officials predicted that this basis soon would become standard in }the mid-continent and Wyoming fields. Thirteen firms competed for the contract. The Sinclair Crude OM Purchasing company was described as one of the largest purchasors of crude oll In the mid-continent field and the acceptance of its pid was sald to mark its entry into the Wyoming field on a large scale. : Sele of royalty ofl for cash was the policy adopted by Secretary Fall, upon the completion of his contract with the United States shipping board to | furnish royalty of! at the posted field prices and, in addition to gain of 70 and 90c’a barrel for Salt Creek oil, it has resulted in a one dollar advance for royalty oil from the Cat Creek field in Montana. Under a contract awarded a few days ago to the Lewis- town Ofl and Refining company of Lewistown, Mont. Before either con- tract was awarded, the bids were dis cussed with congressional delegations from fhe states Interested. Construction of the pipe line from the Salt Creek field to a junction with the Binclatr line from the mid-contin ent fleld, it was explained, was part of an agreement made by the interior Gepartment, navy dej*rtment and the Maramoth Oll company last April but the capacity of the line wifl be 40.000 barrels datiy, instead of 25,000 barrels 8s origitinily agreed upon. It will be &common carrier, interior {department officials added, and ts ex- pected to provide an outlet for a large | amount of independent ol! from Wyo- | ming. Omar MARKET GOSSIP appears to be one of the largest for some time. A conservative company places the output at 3,000 barvels in its. present stage, without taking into consideration the possibil- ities which would result from shooting or from drilling deeper into the sand. The top of the Tensleep wag reached at 2422 feet, meking :: comparatively shallow Grilling and the sand ha Grilled at total depth of 180 feet, thickest ever penetrated in this part of the country, with 74 feet cased off. This being © 10-inch hole it fe com puted that the 0!) is flowing against & pressure of 1309 pounds showing tie enormous amount ‘of oll whieh ta be- hind the flow necessary to raise it to that height. This pressure has be- come so atrong that it is impossible to work the tools further, as they fail to reach bottom and preparetions ate be so that a thorough test can be made of its possibilities, It te possible that © hole will be continued {f some means can be found to do so aa the company wishes to drill through the entire send if possible, geviogiets stating that it is 250 feet thhick. IP ® also stated that both the Amsden and Madison sands can be reached within the next 509 feet and the com- pany ts desirous of making a test of these sands to determine the worth of the field. ‘ This well {s located about $00 feet off apex of the structure and |s about a mile and a quarter from a weil of the New York Oli company which has found the same producing sand which that a large amount of acreage ts within the proaucing area. and pres- ent indications are that the drilling of this territory w'll develop one of the largest dark ofl fields in tne coun. try. The following list of oll and gas Prospector’s leases has been granted by A. Baker, commissioner cf public lands: H. Leste Parker, Casper, all 16-35- Jos. B, Roberts, Pueblo, Colo., St 64. Marion P. Wheeler, Casper, all 36- 79. H. A. Duncan, Denyer, Colo., all 16-28-80, J. C. Smith, Cheyenne, W%; NE NY%SEX; SWXSEY 16-40-79. Thhomas Gibson, Rock Springs, all 36-26-205. Henry M. Gerrans, Buffalo, all 16-52-100, Jessie Hiyt, Big Horn, all 16-26. Walter R, Seymour & J. B, Duvall, Afton, Wyo., all 36-34-1 2) Tee Jacob J. Hale, Casper, N%NE%; SWYNEX; NWHSBY: EY SWYH 21-35-83; NYNW% 228-3588. John T. Cox, Howe, Nebr., S14 10- 38-93, John A. Moore, Cumberland, Wyo., all 16-19-116. Dan 8. Park and Albert B. Bartlett, Cheyenne. all 36-37-82. Portland, Wyo., Oi! Syndicate-Raw- ins, BEX--EX; NEYSE% 15-26. NEXNEX 21-26-86. F. M. Perkins, Casper, all 36-42-80. Black Mt. Petroleum Co., Salt Lake City, all 36-43-91. Oil and Gas Operating Leases Granted N. L. Battenschlag, Casper NE\ 28-58-100. Irene A. Kelley, Cheyenne, all 36- 47-64. Shale Oil and Gas Prespector’s Lease Granted L. BE, Himes, Rock Springs, all 16- 18-107, Coal Prospector’s Lease Granted Karl F, Walters, Buffalo, N4s8EX: SEXSWK; SWKSE% 24-52-81; Lote . 8, 4, SEXNW%; BYSWH 18-52. Lots 1, 2, 8, 4, EW 19-62-80. C. N. Walters, Buffalo, E4: SH% NW 13-52-81; NE}; E%NW NEYSW% 24-52-81 Cat Creek Output. HELENA Mont., Dec. 21.—Trans- mission of ofl fromthe Cat Creek Med to Winnett during November was 199,020 barrels, according ‘to th report filed by the Mutual Oi! com- pany with the state public service commission. Of that amount 89,268 barrels went to the refinery of the Standarc Of! company at Whiting, Ind, Other co. signees were Mutual Ol compan; Towley, Wyo., 27,035 barrels; Lewi: sown O8 and Refining company. Lewistown, 21,603 barre! Pure Oi) company, Minneapolis, 19,536; Arro Of and Refining company, Lewis town, 10,967 barrels; Yale Oil com- pany, Miles City, 10,160 barre:s; We- owna Refining company, Winnett, 5,701 barrels; General Petroleum co! pany. Lovell, Wyo., 4,719 barre! North Star Oil and Refining company of Winntpeg, 383 barrels; C. W. Hart, Hedgesville, Mont., 382 barrels; and 9,270 barrels put in storage st Win- nett for the Lewistown Of! and Re- fining company of Lewistown. Stocks Increase NEW YORK, Dec. 21.—Gross do- mestic pipe line and tank farm crude oil stocks in the United States in- creased 258,000 barrels in the month ot November, according to figures compiled by the Amesican Petroieum Institut ing made to place the well on pump AND FIELD NEN FARGO WELL CHOKED WITH CRUDE The big well of the Fargo Oil company on section 3-33-83 in South Casper Creek which was drilled into the sand last week has started flowing over the casing top and Oil is also coming up from behind the casing which was placed in the making what producers in this territory estimate by technical men of the according to the weekly summary of the institute, The daily average pro- duction east of the Rocky mountains wan 1,202,600 barrels, as compared } With 1,187,750 barrels, an increase of | 14,860 barreis. California production | was 480,000 barrels as compared with | 470,000 barrels, an increase of 10,000; barrel | No changes were reported in crude THURSDAY, DECEMBER 21. 1922. - Grains -:- Livestock -:- All Markets Dom of Con., 54% notes, 1 French Republic, §s French Republic. 7%3 Kingdo mof Belgium, 74s Kingdom of Beigium, 68 -. Amer'cen Amer'can Tel. and Tel., Armyur and Co, 4% Balt‘more and Ohio, cv., Bethehem Steel, ref., 5e Bethehem Steel, p. m., Chi. Burl and Quincy re Chi. Mil., and St. Paul Goodyear Tire. Goodyear Tire Grand Trunk R Grand Trunk R; Great @orthern Great Mo. Kan. & Texa. Missouri Pac gen of prices for the major districts, mid-| Montara Power, continent crude of! being quoted at 90! cents to $1.80 a barrel, according to the gravity of the oll, Pennsylvania at $3 0 barrel and Gulf coast ut $1.25. According to figures collected by the American Petroleum Institute, im- Ports of petroleum (crude and refined | olls) at the principal United ports for | the week ended December 16 totalled | 19.565 barrels compared with 2, 530,819 barrels for the week December 2. No Completions by Midwest. For the firs: time in years the MId- west Refining company hjs had no completions the Salt Creek field for an entire week, this being the result of the ‘shut down” order now effective in that field. About haf a dozen wells which could not be drilled in by the time the order was sup- posed to become effective wil be com- pleted and when these are fin'shed no more wells will be started until | next May, Other copanies also! have a few wells which aro near com-| wil) be extremely Until next summer. Very fittle change ‘s noted tn the tus of the wild cat tests from the previous week. The Nicber dome test i under-reaming at 1,380 feet; the M’dweet test No. 2 is swaging and jarring 4%-Inch casing at 4,415 feet, and the Crowe well No. 2 in the Notches field is standing at 1,830 feet, while the crew Is endeavo: straighten a qrooked stem hole. sear in the | BRL Gas Plant Near Comp'etton. The second engine of the Fargo Oll company in the Po'son Spider ied is nearing copletion and it is expected now that this wil be in operation b the company will be working at ca-| pacity. cently and the results obtainel in the separation of gasoline from the istactory. This plan when ble feet of gas and will make a large) addition to the income of the com- pany, which has heretofore been wasted. Superior Cleaning Out. With the casing all run in the well of the Superior Syndicate in ‘the Shel- don structure, cleaning out was be- gun’ this morning and this job should be completed some t!me tomorrow s0/ that drilling in to the sand can he! resumed. With oll steadily rising in the cas- ing and the gas pressure increasing. | there Is every assurance that the well will be a b'g producer when the sand 's again drilled into. * 4 Financial Notes. Car loadings for the week ended Pecember 9, totalled 919,828 an in- crease of 178,487 over the same per- ‘od in 1921. ‘The freight car shortage on Decem- ber 8, amounted total 11,961 cars, a decrease of 21,825 in a week ‘Twenty industrials 97.52, off Twenty raise 84.31, up .33. ars oy ~ Pacific Gas has declared a quarter- ly dividend of $1.50 cash payab:e Jan- uary 15, to stock of record December 30, and additional stock Cividend of two per cent payable on the same date. This action places the common on a 6 ner cent annuel basis with the two per cent additional in stock. The stock dividend will have ot be author ized ‘by the raflroad commiss'on. The Prairie Pipeline company has dec:ared a quarterly dividend of $2 payable January 31, to stock of rec- ord December 27. This dividend will | be payable on all stock including that to be distributed as a stock dividend. This is equal to $5 on the old capital The former dividends were $3 quar- terly and an extra disbursement of $2. The. stockholders ratified the in- crease of 200 per cent to stock of rec- ort December 21, . ae Cities Service for 12 months ended November 30 for common stock and reserve amounted to $6,900,074, equal to $14.82 a share on the average! | Reading Gen., Wartern Union. 6%s ~ ended Westinghouse Electric. 7a. New York Central deb. Northern Pacific pr. len. 4s — Oregon Short Line ref., 48 Pac'fic Ges and EI Penn. R. R. Gen 4s Standard Of! of Cal., deb.. Unton Pacific first 46 ~ U. 8. Rubbe: Us 8. Rubber, ih Power and Ligtt, 5s - 101% 93% 94% 191% 96% 11% 113 104% 102% amount of common against $14.44 ir, 1921. It ts officially denied in Paris Aha the French intend to sleee the Ruh: t once. Ned conference of January 2. Marine directors meet today to act on preferred dividends Chairman Doheny of P: Petroleum. The United States, at the request of the trade commission headed by begins ne German Chancellor Cuno, gotiations with France ahd Eng‘an The federal reserve beard increase: the time of farm paper for rediscoun' from three to six months. WASHINGTO ment she firnt of the year so decreased in 12, in November, the bu: that the large compression plant of ‘reau of labor statistics of the depart in making public its monthly survey ¢ One of the engines was started re-'con¢itions in 8,233 representative es hments in 43 manufacturing in- increases for the natural ras in the field before i: {s/montt also were shown in 31 indus- sold for fuel purposes are highly sat-|tries, but in four cases these were no’ identica] with those in which employ- comp'eted will ment gained. The report covered 1- 1 we @ daily capacity of 20,000,000 cu- 556537 employes whose wages during ment of labor announced teday tabl dustries. Payroll the payroll —_perlods amounted to $48,981271. cons.dere: The car building and repairing in- dustry continued to lead the Increase in employment with a gain of 7.9 per cent. _ Stamped were cotton manufactur- re quired from 6.3 to-7.5 per cent more workers in November than in the pre- ers and agriculture imp ements ceding month. FIELD SERVICE FUND BOOSTED (Continued From Page One.) if he had remained in this country sig weeks longer during his exile in the s'xtles, he might have become an American citizen, since that time it was not necessary to file first papers but merely to apply for citi- zenship after a certain period of mr aR: . The reparations commission will not make any decision as to Ger- many's payments until after the al- American pletion but new wells in the ficld 94 Mexican Petroleum dehles the re- 2 from now , Port that the companies are nogottat- |!nw for the obsorption of Caltfornia 107% offended by congressional, political or newspaper attacks but enjoyed them and welcomed them as giving him an opportunity to make replies: The only incifent he regretted, his manager raid, was what he cha: acterized as the desecration of the tomb of Lincoln during his pligrim- age of reverence there when photog- raphers created considerable di turbance with shouts and flashlight explosion. The fumes choked him and he was forced to hasten to the open air. The visitor's chief amusement, his manager asserted, came from the custom of Americans in address'ng him as “Em Clemenceau.” The former premier's conclusion upon leaving the United States was sald to be that Americans had not mis- judged the French so much as they had misjudged the situation in t h: | for the appointment of American | Pureye. jcommission to fix the bagis on which| , “The Tiger” was somewhat aston- Germany can meet the reparations} ‘#hed, Mr. Bonsal declared, demands. American declarations that he was By a militarist, elnce he recalied that it was his “ant!-militarist activty” turng the Third Empire in France and his participation in a dem stration of sympathy fer Lincolt® after h’s assassination when the rench gerernment had had “‘lean- ‘ngs toward the southern cause” hat made him @ political exile in America. “One's enemies often do one more zocd than one’s friends,” M. Clem- encean ence remarked apropos of his exile to America. Hoe expla ned his exile gave him opportunity to study this country’s democracy. DIVERS TRY TO # t Dec. 21.—Employ increased in 31 industries an: a d (Continued from Page One) Certain positions on the iake have yeen ‘ guarded for a number of months and the bodies are bel'eved to ne resting clos® to the location out- ned unless the slayers succeeded in running the -gauntlet of the guards and removing them. 7 WAN UNDERREAMERS residence. was replete with in Ac. cording to Mr. Bonsal he was not HolmesHardwareCo. Now Is Your Opportunity All left-over Dolls at Fancy China_______ East cf the Rockies there ~ was a decrease of 932,000 barrels and in California an increase of 1,191,000 ending December 16, totalling 1,633. $00 barrels, as compared with 1.657, 750 barrsia for the preceding week, The daily average groes crude oll production of the United States in- creased 24,850 barrels for the week SUPPL to go at____ Phone 601 M. Clemenceau’s American tour lents which Paint Sets________.______20 Per Cent Off _Odds and ends in Erector Sets, --~-.._.--25 Per Cent Off Erector Sets______________25 Per Cent Off Holmes Hardware Co. 25 Per Cent Reduction ------10 Per Cent Off Second and Wolcott we ra LOCATE RODIESS*