Casper Daily Tribune Newspaper, January 3, 1923, Page 8

’ @he Casper Dally Cribune L STOCKS GLIME ~ TONEWLEVEL High-Priced Oils Among Is- sues in Popular Demand on Exchange. NEW YORK, Jan. 3.—A broad up- >= Finance - Buyers. WHEAT SCORES PRICE GAINS Quotations Respond to Lib- eral Demand of Export CHICAGO, Jan. 3.—Stoppage of ur- - Stocks «t= Grains - AND QUOTATIONS BY LEASED MARKET GOSSIP Bonds - Oil Securities Furgished by Taylor and Clay. Associated Proes Leased Wire. ——= Allfed Chemical & Dye Allis-Chalmers American American American American American American American American American New York Stocks | LOCAL OIL STOCKS Bid Ask 22 at 95 78% $7% Bessemer —. 76: Big Indian 76% | Boston Wyoming Buck Creek Burke mae 26% | Blackstone Salt Creek 128 [Black Teil 57% | Chzppelt 79% | Columbine 28% | Consolidated Royalty Beet Sugar Can —. Car & Foundry -. Hide & Leather, pfd.. International Corp. Locomotive .. Smelting & Ret'g --. Sugar --...._ Sumatra Tobacco American T. & T. ~. Capitol Pete 0% ward swing in prices took place in| gent selling brought about an upturn | American 328%) Cow. Gulon “02 today’s stock larket after an early | ‘n wheat prices today during the early | 41 ortcan 97% | Domino 06 period of heaviness resulting from the| dealings. The fact that Liverpool | Aracocda 7% | Elkhorn 203 fluld rose over 700 feet in tho casing Atish rep-| Quotations failed to reflect fully yes- 50% 1B. T. Willams Se and with no water present it is certain French opposition to the British rep. Atchison 10138 5 | terday's sharp break in values here Kinney Coastal 45 that a commercial producer could be axetions pian. X SOeTD Ce tag. [and Widel: th Oo’ with the baleen tela 22% | Compass ---.---_---- _.01% developed with little additional ef- money rates combined with SgeTos | part of sellers, Besides, renewal ot | Duct Locomstive — 199% | Branca wowace 6.25. fort. This sand has been cased off, sive pool operations in industrial] Dart of : . Baltimore & Ohio 42%'| Gates PRCT RCT sik shares eventually halted the reaction | Unfavorable advices about the cond!-| Bethlehem Steel 5 however, and the company is now and turned the course of prices upp ward. Sale approximated 1,000,000 shares. given toy NEW YORK, Jan. 3.—The high priced o!l shares showed advances at the opening of today’s trading while industrial securities exhibited signs of weakness. Railroad shares showed rtreneth while United States Steel ad wanced fractionally over last night's quotations. North American was up % of a po Kelly-Springfleld Tire and Studebaker were off % each. Petroleum sold 1% quotation= ile Baldwin y values. ret higher, Pan-American points off from last night’ in the first half hour w Locomotive was off 1%, Studebake {%an4 Brooklyn Rapid Transit % and Republic Iron and Steel one Substantial gains of 1 to 2% points were made by Sloss Sheffield Stee! American Radiator, Atlas Tack, Pub- tion of the domestic winter crop were some attention. which varied from unchanged figures higher, with May 1.18% to 1.19 nd July 1.10% to 1.10%, was followed material gains all around. Indications of liberal export buying lod subsequently to a further rise in Complaints of dry weather ind lack of snow protection“Were re ed from western Kansas ain vraska. The close was firm, "1% to 2c The opening, with May $1.20% 31.20% and July 91.11% to 1.12. Corn and oats ascended with wheat After opening %c off to :c up, May 68% to 70 %, the corn market scored moderate advance. With rece'pts smaller than has been the rule of late and with export bust: yess In evidence, the corn market de- eloped additional strength later. The close was firm 1%o to 1%c net high d Ne 65% | Jupiter Secasee 144% | Lance Creek Royalty_ 39% {Mike Henry ——_. 70% {Mountain & Guilt 70% | Qutweat equ. |Red Bank 23% | Picardy 32% | Preston -. i 27 [Royalty @ Producers. 27 |Tom Bell Moyalty 128 | \Vestern Exploration. 73 \Wyo-Kans. 11. | Wyo, Tex. 91% | Western States 49% | YO” - 3 182% NEW YORK CURB CLOSING 15 Bid Ask 25% 17.15 18.00 by 9.50 10.00 111) 1,00 1.06 26% 21.75 22.00 90 11.25 11.75 43% 9.00 10.00 san %.00 6,00 15% 13.12 Canadian Paaific Central Leather ~. Chandler Motors -. Chesapeake & Ohio Chicaggo, Mil. and St. Paul Chicago, R. I. & Pac. Chino Copper -... Colorado Fuel & Iron — Corn Products - Crucible Steel Erie Famous Players-Lasky General Asphalt —. General Electric General Motors -. Goodrich Co. _- Great Northern, pfd. Mlinots Central _ Inspiration Copper .. International Harvester . Int, Mer. Marine, pfd. Tnternational Paper Inyinefble Oll drilling deeper in order to give the structure a thorough test. The hole will be drilled to at least 3,000 fest un- less the big production is found at a lesser depth and in the event that nothing further should be encountered the sand just passed can be developed. This sand, although it 1s considered a stray, proves the structure to be slosed and indicates that big produc- tion will be found in the lower hort- zon. It is estimated by geologists that the bit is now within 100 feet of the Tensleep. in which enormous pro- tuction has been developed by the fargo Ot company only four miles south In the South Casper Creek field. This is the first well in the field to rill through the Chugwater forma- tion and is now supposed to be in the ambar. With the rig housed in, and water to fountain Producers Merritt lenrock Ol jalt Creek Prds. alt Creek Cons. rod. & Refrs. farine, new futual Ou 7 7 ; elly-4 63.00 and gas lines buried, the company is lea oF N af United | F: May 71% @71%0 to 71%c. Kelly-Springfleld Tire _ 49 | 3. O. Indiana - f ; y tHe Service of New Jersey and United) F) May TM @T1%e to. re nigh | Kennecott Copper 37% | Cittes Serv! 178,00 soing forward with drilling and with States Realty and mapeovener er, May 43%. Later all deliveries | Oulsville & Nashville 133B | *ensland 17.00 he Tensleep found in place, this well Ore Oe ees eee er nett | howed @ ties Mexican Petroleum mmoth Of — 41.75 hould be completed before the end with sterling at once showing stren: J . be while cc rates were low France's rejection of the British reparations plan was used by profes sional Interests as an excuse for A ‘hear attack on the market which had become weakened by the rapidtty of recent advances. Speculative shares ‘were In free supp’ tho reaction being aided by extensive profit-taking and the bulls inability to attract an out ‘pide following. Marked heaviness was tinental Bi Rarley, 60@88. ut 7 gz summer.. The organization al aero eee tones Pasig “Oil -« ady as tive wells in the field all of 3 Rocke vom | Pan-American Petroleum which are producing from the shal- Cash Grains. CHICAGO, Jan. ‘ard $1.18% @1.19 ‘Wheat, Corn, Clover seed $16.50@20.25. Provisions were easy owing to de lines in the value of hogs. No. No. mixed 714@T1%; No. 2 yel'ow 7147 . Oats, No. 2 white 43_@44: No. 3 white 41% @43. Nami Copper {ddle States Olt Midvale Steel —__ Missouri Pacific . New York Central -. ie H. and Hartfor y York Oi! 17.00 LIBERTY BONDS. = f the month when a producer of rge callibre.{s confidently expected The company is now arranging for ne immediate drilling of three more vells which should be started within ne next six weeks and the Pine 16% 95 21 “rst 48 cond 4s “irst 4%! PINE MOUNTAIN TAKES SPOTLIGHT What is considered as being the most favorable indica-| French Repubiq 7%s--——-----------+- tion of big production in the Pine Mountain field has just been encountered by the Alaska Development company in its test] Kingdom of Norway on the southeast quarter of the northwest quarter of section} U- 85-35-84, where ten feet of highly saturated sand was found ‘NO FIELD NEWS previous three months. At no time since Middle States was organized has Dom. of Can, 6% per cent notes French Republic 8s... - Livestock - All Markets Kingdom ft Belgium 74s Kingdom of Belgium 6s. K, of G. B. & I. 5%s 1929_-_--7 K. of G. B. & I. 64s 1937-—----. ¢ 2 mn Amosiain | Bune. Ue at a depth of 2,300 feet. With the penetration of this stratum eerepener wane Os. col, tr. Armour & Coo, 4% ---~------. Baltimore & Ohio cv. 4%s-_---. Taking time from the listing of the| Chicago, Burlincton & Quincy ref. 68 A- AR a ee NC ee ok ES VRE WEDNESDAY, JANUARY 3, 1923. shares on the New York Stock Ex show as follows. 1920, January, 1,694; April, 2,319; July, 2,900; October, 4,872; 1921, January, 6.526; April, 9,833; July, 12,002; October, 1922, January, April, 17,388; July, 19,081; October, 20,034; 1923 January, 21,456. These figures do not inctude dividends paid on full-paid ne gotiable receipts not converted into stock, which at one time amounted to a maximum of 2,850, and take no account of the number of persons carry'ng stock with brokers, estima ted at above 8,000. Chicago, Milwaukee & St. Paul cv. 434 change, October, 1919, when the num- bois ae ie 88 1931 ber was 1,632, the different pert year Tire 2 920. rans eet | Grand ‘Trunk Ry, of Cana Grand Trunk Ry. of Can. Great Northern 7s A. Great Northern 5 1-38 B- 13,425: | Mo. Kan. & Texas new. adj. 5s A_—. 8, 19: New York Central deb. 6s. Northern Pacific pr. Pacific Gas &. Electric Ss. Gen. 51 Penn, R. R. Reading Gen. 4 Standard Oli of Cala. deb. Union Pacific 1st U. 8. Rubber 5: Jtah .Power & Light 5: S. Rubber 7%s 101% 85 105% 91% 109% 88% 9144 Dividend Declared. The Atlantic Refining company has declared its regular quarterly diy! dend of $1.75 on the preferred stocly payab'e February 1 to stock of red ord January’ 15. Slight Change in Average. The average price of twenty indus trial stocks traded in on the Ne York stock exchange on Tuesday wa 98.77, a net gain of .05. The averar: price of twenty ratlroad stocks war $6.10, a loss of -,01. Norfolk & Western Northern. Pacific --. Oklahoma Prod. & Ref. -. 112% 15% Mountain field will be the scene of nsiderable activity during the com Pennsylvania - lower sands. Three of these produce Hoted tn the ofis, independent stoate nal. Lard 11.27. Ribs 10.60@11.50 -eople’s Gas, Ex. DW n open flow’ of 18,000,000 cuble feet { pquipments, tobaccos and merchan Pure Ol of gas dally the other two being oll ise groups which ylelded one to two Open. High Low Close] ray Consolidated Copper ela: jPeinte. “Union Pacific and Bont ner 1k 1.20% 5] ce Two more wells in the fleld are co. Meee rae tly 2 “aoa 12%. Tiost rine ocak ae Hamilton art sand. One of these is being ash Te tept - + 1.07% 1.08 1.07% 1.07% pink a = Cat Creek - rilled by the California Oil company pia end the CORN— lair Con. Oll Boule Creek xt Wyoming on the northeast quarter a Sea slight] May — . . .60% 69% uchaen Pacis Big Muddy of the northeast quarter of section 2 eos ash|Tuly . _ _ .69% uthern: Raflway alt Crock 14-84, on land of the Evans Oll Cor Motors ‘added 8 10] Sept. . - - 69% indard OM of N. J. Rock ‘Creek -. noration, the other being drilled by point gain of 3 Cal money} OATS— tudebaker Corporation —. Osage ----- he Chaney interests on section 12 ppened at 5 per cent, and then dropped} May . 43% 44% 43% 44 | Tennossee Copper Tees creek - roth bese operelices orejcloned down oa Tuiy . 5 40% 42 0% 141%] Texas Co. —--- - prenént but owing to : ock prices were pushed up tn aj LARD— Texas & Pacific Torchlight they are both just above the sand i ieigorous fashion in the afternoon un- - + = 1208 11.82 11.05 11.27 clap bies 's likely that drilling will be resumec Ger the impulse of confident buyine| May - - 11.27 10.60 11.27 1165 |r ao mmediately. of ‘represe > groups, notat RIBS— nion Pacific. .-- a = With the tapping of production at ibeis? ‘copp equip TARe 2s. ws 10.90 | ‘Inited Retail Stores -_ ] Tender this point such as that found by the and leathers. Gains in indust May . - . 10.80 30.85 10.75 10.85 . 8, Ind. Alcohol ~ pnd specialties of 1 to 3 points were quite numerous. Nash Motors ex- Yended its rise to 29% points, touch- Ing 110. Fisher Body, Lima Loco- tmotive and Eastman Kodak were up 3 points, and Gulf States Steel, Hous- ton Oil, Reechnut Packing, Inter- national Cement and Atlas Tack, 2 to] 1? 2%. Call money rates declined fur- ' tn 214 ner cant. . ——— Closing was strong. Little re. ood eustance was offered to the further ad- vance in prices in the’ last hour, the enlarged demand being particularly {thpressive in the domestic oil shares International Paper and General As. phalt. .Nash Motors reacted to 95 after touching 110. lusties: Foreign Exchange | NEW YORK, Jan. 3.—Foreign ex changes frregular. Quotations in Gents; Great Britain demand 4.65% cables 4.65%; 60 day bills on banks 4.63. France demand 7.25; cables 7:26. Italy demand 5.17%; cables 5.18; Belgium demand 6.67%; cables 6.68 *Germany demand .0133; cables .0134. weak; high receipts 16 @85e owt.; f Butter and Eggs CHICAGO, Jan, 8.—Butter unset tled; creamery extras 50%4c; standard. ; extra firsts 4746 @40%c; firsts @460; secon@ 42% @44c. unchanged; 8,909 [~porarors | CHICAGO, Jan. 8.—Potatoes dull; receipts 64 cars; total United States shipments 385; Wisconsin sacked and bulk + round . whites 90@95c cwt. Minnesota sacked round whites mostly 80c cwt.; Michigan bulk round whites 760 cw? MONEY NEW YORK, Jan. 3.—Call money low 8%; ruling rate 5; argo one of the largest fields In the country will be opened, which shoul itimately, mean as much to the city nd state as Salt Creek and the out ome of this test will be gareately atched by all who aro Interested in he industry. ‘nited States Rubber « nited States Steel "tah Copper Vestinghouse Electric "Mlys Overland -. “an Zine, Lead and Sm. and Superior a. Petroleum fontana Power - hattuck Arizona reat Northern Ore Chicago Northwestern Maxwell Motors ‘ Live Stock Chicago Prices. CHICAGO, Jan. 3.—(United States Department of Agriculture.)—Hogs-- Receipts 33,000; fairy active, 10¢ to 15 lower; bulk 150 to 190-pound aver- ages $8.60@8.70; top $8.75; bulk 209 i = It Pays to Advertise. The ‘Washington Herald discusses advertising as follows: “The advertising of American bus‘ More Business Fa'‘tures. Bradstreet's reports 22,400 comme: cial failures in the United States du: ‘ng the year of 1922 wth Iabtlitics totaling. $646,955,633. Suspens’ons creased 11.9 per cent over 1921 2 16.4 per cent over 1920, while Lab‘! tles were 14 per cent less’than !n 192! but 51 per cent more than tn 1920. No Call for Deposit. A member of the American sect'o of international bankers committ: says there will be no ca‘l for depos of Mexican bonds unt’! numerous 4 talls have been worked out. Prairie Controls Kasoming. The Prairie Oil-& Gas company ha» required the 40 per cent interest tn the Kasom!ng Oil company former! owned by Hazlett & West and is no n complete control of the latt: organization. The Kasoming owns valuable pre ‘ucing properties in both Salt Cree): 1nd the Lost Soldier fields which have an estimated value of $10,000,000. 1 = stated that the cons‘deration was 34,000,000 in cash and stock for the nterest. No announcement has yet beer made by the Prairie interests as to the future policy of operation but it 's rumored that the acquisition of this property may lead to a pipe line trom this district to connect with its ness tn American monthifes an? weeklies amount to about $150,000,000 a year, and newspaper advertising to about $650,000 000 a year, $80,000,000 n all, which ts about as high as the bill for America’s chewing gum, or lp sticks, rouge and powder. George W. Hinman asks whether th’s {s worth the money. And@ he answers his question in the affirmative. For he says that the vatue of what the United States produces amounts to about $40,000,000 000, and this ad vertising bill of $800,000 000 1s there fore only about 2 per cent of the to- tal amount of goods produced. Adver. tising is an important and essentia! clement in dlstribut'on, It {s mors than that; [t fs the self-expression of to 275-pound butchers $8.45@8.56; bulk packing sows $7.60%®7.85; des! able pigs mostly $8@8.25; heavy hogs $8.40@8.55; medium $8.45@8.65: light $8.55@8.75; Mght light $8.40@8.70 packing sows, smooth, 0@8. packing sows, rought $7.40@7.75; kil ing p'gs $7.75@8.40. Cattie—Receipts 10,000; beef steers active, strong to 25c higher; mostly ‘BROTHERS UNDER THE SKIN’ COMING 10 THE 1c to 15¢ up; better grades showing [most advances; killing quality better; top matured, steers $11.50; we'ght about 1,400 pounds best long yearlings $11.40; numerous loads matured steers $10.10@10.60; bulk: beef steers A rollicking comedy-drama, a pic-|$3.75@10; she stock strong to turization of a story by Peter B. Kyne which ran in the Cosmopolitan Maga- zine, is the photoplay which comes Sonsolidated Gas American Linseed O!1 ——__ higher; better grades beef cows an:] heifers reflecting most advance; bulls row, , veal calves steady to 2he Holland demand £9.45; cables 29.48.| closing bid 3%; offered at 4 inst loan|to the America thenter on Friday for | ova ac ont calves stendy to 25¢}yusiness enterprise, and keeps it Norway demand 19.04; Sweden de-| 3%; oall loans against acceptandes|iwo days. It 1s “Brothers Under the|hulk desirable veal calves $11@11.60.] Wholesome. fmand 27.00; Denmark 20.50; Switzer-| 4%; time. loans easler; mixed collat-|cuin,"" another of Goldwyn's ‘Big| upward to $12 and above to oute'der,| Russia tried the abandonment of ad- land demand 18.97; Spain demand] cral 60-90 days 4%; months 4%i/qwenty"; and judging from advance|most heavy bologna bulls $4.50@4.65;| Vertsing and found that advertising 15.75; Greece dearnnd 1.18; Poland de-| Prime commerc'al paper 4% @4%. reports will. be. on an equally -high|buik cannere around $3. and business both departed together. fmand .0056; Czecho-Slovakia demand plane with the productions that have}; sheep—Recelpts 13,000; fat lambs|If you are going to cut off all the 3.09; Argentine demand 37.88; Brazil @emand 11.75; Montreal 99 1-16. METALS NEW YORK, Jan. 3.—Copper qu! $1,000,000 Spent In Rock Springs On New Buildings preceded it. The domestic misadventures of two young married couples and the hus- bands’ similar solution of their prob- lems furnishes the plot of the story. One couple lives in a Bronx fiat, the other in a Riverside Drive apartment. Both husbands are employed by the blossoms from a p'ant, you are going sl early aa’ it~ oer yey Ow early anes, ‘0 OUt| atter awhile, to have no more plant. siders steady; packers bidd'ng lower’ early top $15 to shippers and. city butchers; $14.75 to packers; clipped 86-pound fed lambs $12.25; some held higher; fed yearling wethers steady: $12.50 paid for 92-pound yearlings; feeders and sheep around steady. Business Outlook Good. President Storey of the Atchison, Topeka and Santa Fe says that the outlook for business for 1923 is prom- ising for business generally but not tic : ‘ ‘i same firm, in capacities as widely — for the railroads owing to rate de- SR ee ey ee) oe tan CO eee, Se Aitferent as their salaries one m man- Omaha Quotations. creases. ot ° ¥ dui ager, the other a humble shipping] OMAHA, Neb., Jan. 3.—4U. 8. De- ae ae Teg ae eT | Temtby $8.65; fu | Rock Springs during the year just] cterk. But each encounters the same| partment of Agriculture,)—Hogs_—Re- December Business Big. largest year for pride ie-erdacd work {n| Situation at home—a sweet, lovable|ceipts 18,000; fairly active, mostly] The business of Montgomery Ward ; the history of the city. ‘The majority | W#* Whose chief alent seems to be/5@10c lower: bulk packing grades] Co. for December was greater than Zino quiet; Hast of the structures have been of high }SPending her husband's snlary—and| §7.25@7.50; bulk butchers $3.10@8.20;, for any previous month in nearly nearby del!y grade and will be able to be used for | ™°r* Sp..£8.35. " three years. Total sales for 1922 cntaenon | sany years FE. Mason Hopper directed the pie-| Cattle—Receipts 7,400; beef steers| were $92,474,182, an increase of $16,- The new COINAGE FIGURES She: snot PHILADELPHIA, et the Philade'phi taled 14,033 00 000 were a!) ‘tries, 3.—Co!nage state. The No the Yellows: most elabora‘: and Sout 1 coun ¢ Sacha Gu part will Journal take rth place Henrietta Rogers taking riginally assigned to the great star,|PaPt O'Mal'ey is soen as the shipping of the today the Elks’ home on C street 1: handsome i : | buildings to be erected and will be one |'t may be remembered, was respons'- of the finest lodge structures in the ido state bank and Which was a masterpiece of directorial rchool are the nex ructure > wc anarat Not Able to Appear public PARIS, Jan. 3.—The dreas rehearsal ry's new play in which rah Bernhardt was to have had aland who will be seen in with Noilan's next production, ‘The Stran- role gers ture, which is said to be one of the active steady to 15¢ higher; bulk! 500,000 over December, 1921. best things he has done. And Hopper, $7.25@9.00; best here $9.90; she stock| steady to strong; bulk $4,00@6.00; | Btoe! canners and cutters $2.50@3.75; veals| mhalders Increase. te Checks for the January 1, 1923, steady: light vente $10.00@11.00: bulle| cash dividend of 30c a share and war- amare Ena sedteca aon: bulk $6.00@ | Tants for the 3 per cent allotment of pererteer a pao ; -00@ | no-par shares of O!l Lease Develov- 38; . . ment on Middle States Ol! shares ene? ae Fae ee LOPS Yr wero matied to 21,456 stockholders of pest light lambs held at $14.78; sheep Tecord. an increase of 1,422 over, the steady to easy; ewe top 87.65; feeders firm; top feeding lambs $14.50. j b’e for “Dangerous Curve Ahead,” ¢| set “Brothers Under the Skin” has no Jone star; it is all-star, Consider these names: Helene Chadwick, Clalro | Windsor, Mae Busch, Norman Kerry and Pat O'Malley. Surely a cast to {be regarded with respect. As the shipping clerk's wife He'ene Chad- wick 1s said to duplicate the success she achteved in “Dangerson Curve Ahead” and other big Goldwyn pro: SWA UNDERRE { Denver Prices. DENVER, Colo., Jan. 3.—Cattle— auctions. Ctaire Windsor. who was| Receipts St eri saeet s leading wwomnan iar hiked 2 | steers 00; cows ang helfers “ume Te emery | $3.00@7.75:, calves $5.00@9.60; stock ers and feedera $3.50@7.50. Hoge—Receipts 900; market 10 to sige = paged 160 lower; top $8.20; bulk $7.75@8.10. other wife Comoedia announced ‘clerk and Norman Kerry aa the man: ried creas ore Pea maker oh ; At declared last week ager steady; 2 3. Met forele i 1 sure appear to| Sees 2 $4.00@7.00; feeder lambs $12.00@18.75. AF: YOUR Wedneadayy but the nate ——— SUPPLY “STOR . ree nee ed in hi Cork, Iro and even giass have A boy born expect Ghipetror H aa her appearance! heen experimented with form: Ing | live eleven than ATR EMAL roads to stand heavy motor traffic, | grandfather. ( oxtensive system in the Mid-Continent ‘elds which will give Wyoming crude in addifonal outlet to the markets of the country. No Completions by Midwest. No wells were completed by Mid west Refining In Salt Creek during the past week and new operations in that fleld are practically at a stand: still. A few operations. which wer not finished at the time of the shut- lown order are being continued and there will fe an occasional completion in the field until these are drilled in. From then until some time next sum- mer there will be no new wells‘in that field. The Midway test No. 2 has beén shut down temporarily at, 4,415 feet while waiting for rotary pipe. Crowe well No. 2 in the Notches! field is drilling at 1,884 feet. Nieber dome test is underreaming at 1,600 feet. No. 1-X on the northeast quarter of section 8618-104 in the Baxter Basin field is drilling at 725. feet. Pipe Line Runs Reduced. Effective on Monday oll runs from Salt Creek are only 20 per cent of the total instead of the usual 40 and this rating will remain for some timo.| This serves a two-fold purpose. | Owing to congestion of the storage of the purchasing companies it was im- possible to handle all the oil being delivered and a temporary lessening of the output was necessary. It was also the desire of many of the pro- ducers that a new test run be made of the production from thelr wells as the output from which tho present pro-rate is being made was tested nome time ago and {t is a known fact that the wells become parafined and a cleaning {8 necessary in order to ‘keep production to its hight. As soon as the congestion is relieved at the local tank farms, which will be a matter of only a short time, the} wells will be run at 100 per cent for a sufficient length of time for the production to be gauged, after which| a new pro-rate will be made which wil! be equitable to all. While it is not known at present what this will be it {s believed by those inter- ested that it will not be less than 40| per cent and may be slightly higher. It is the belief of the operators that the 100 per cent run will more than make up for the loss incurred by mak- the 20 per cent run during the length of time necessary. | SILVER NEW YORK, Jan. a.—Forelgn bar allver 64%; Moxtcan dollars 49%. Correct—Attes' Vestern Union 6% tty larceny. taneous. exploded. Haines was 70 years old and good health. He tad been a resident of Lovell for the last three years. The jury returned a verdict of accidental death. Wyo: at Casper in the State of baker, at the clos? of business on December » 1922. RESOURCES Loans and Discounts. Secured an Overdratfts, Money Reserve in Bank, v! Specie Legal Tender and National Bank Notes. Fractional Paper Currency, Nickels and Pennies. TOTAL ¢ Capital Paid in Surplus Func Undivided Profits, Les Expenses and es Individual Deposits Subject’ to Checs Certificates of Deposit, Demand. Certificaes of Deposit, Time_—. Savings Deposits : rate | Certified Checks TOTAL State of Wyoming. I, Leo A, Dunn, Cashier of t that the above statement is true, Subscribed and sworn to before me this 3rd day gf Januar; INEZ CLEMENTS, Notary Publlo. My Commi Rn. c R. H, It !s a‘leged that when »prehended he had in h's possess'on 2 overcoat and suitcase belonging to Suest at the ‘orth Center street. Paul Buck and Clarence Vaughn oh 15-year-old boys from North Bur ‘ngton, were arrested Saturday n'ght *harged with breaking and entering ° youse on the Sandbar. Buck has been n trouble with the authorities prev’ usly and {s said to have served sentence in the, industrial home for ‘oys a Worland. The three wt] be given their pre- Uminaries tomorrow. Lovell Resident Meets Accidental Death With Rifle LOVELL, Wyo., Haines .accidentally shot and killed himself in his home here on his re- | turn from a hunting trip. The steel | Jacket bullet entered his head close to his left eye and death was It is believed that tempting to close a door he hit the riflo, a high powered automatic, which | Due to Stato Banks and Bankers. ton Expires July 11, 1935. CATHER, ICHOLS, Westinghouse Elecric 7s. 5250,000,000 EARNED BY OIL COMPANY IN LAST 11 YEARS WASHINGTON, Jan. ngs of more than a quarter of a Mion dollars by. the Standard Oil ompany of New York since the su- -eme court's dissolution decree in 311 was shown in statements pre- nted today at the senate oil investi-| on by A. E. Hinch, comptroller the corporation. Net earnings for the ten years end- ss with 1921 were estimated by’ Mr. neh’ at $242,713,390. To this he ‘HREE CHARGED WITH LARCENY TURNED OVER TO SHERIFF MORRIS ‘The f'rst three prisoners to be In- reerated. in the county ja!l under © reg’me of Sheriff Perry Morris ere turned over this morning by. the ‘Mee department. 3.—Net earn- holidays by H. C. poration’ ing. the inquiry, company. held from mon’es. was laid at rest charged with | cemetery. added earnings of $11,104,160 for the first six months of 192: Mr. Hinch appeared as the first of a half dozen officers of the Standard of New York company summoned for questioning as to details of general testimony given before the Christmas president. Upon completion of the testimony the senate manufac, tures sub-committee, which is condud plans to hear repre- sentatives of the Magnolia Petroleum company and the Prairie Pipe Line RAYMOND ROUAN LAID AT REST HERE SUNDAY ‘The funeral of Raymond Rouan was the Shaffer-G: Sunday afternoon with the Woodmen of the World in charge of the cere- The Rev. C. M. Thompson, ; Jr., preached the sermon. Guy Buzick, age 85, was arrested ‘day night and is in the Highland 111% 107% Tolger, the cor- chapel The body Evanston hotel on “Busi Jan. 8.—Charies es instan- in at- . in REPORT OF ,THE CONDITION OF THE ming Trust Company BILITIES Paid. 1,780.79 58,973.30 pics 72,616.22 Pret 750.00 16,349.98 $500,475.99 ‘ona—ss, LEO A. DUD CARL F, SHUMAKER, Director Published January a, 1923, If you have money to invest, In business, thataifands the tes, Ch ” _ that are best, $238,373.42 he above-named Bank, do solemnly swear to the best of my knowledge and bellef. 347,831.45 208.38 16,087.50 14,597.30 $500,457.99 100,000.00 4 , Cashier. 1923.