Casper Daily Tribune Newspaper, February 27, 1923, Page 7

TUESDAY, FEBRUARY 27, 1923, Oil -:- Finance - POOLAGTIVITY WHEAT PRICES BOLSTERS MART) GLOSE STRONE Session of Trregular Trend|Crop Reports Have Bullish Takes on Firm Tone | Effect on Trading in Toward Close. | Chicago. CHICAGO, Feb. 27.—Upturns in Price characteried the wheat market NEW YORK, Feb. 27.—Stock prices turned upward late today after an earlier interval of heaviness in|today during the early dealings, buy- several sections of tho list. The|ers being somewhat encouraged as a spirited advancé, coming after three|result of announcement that 11 car- days of reactions, was based on thei ses on ocean passage had beer dis- favorab’e January railroad earnings|Posed of to European continental statements, higher prices for copper | Countries. Reported lack of adequate and steel products, lower money rates| moisture for winter wheat in sections and the r ion of dividends by|0f the southwest tended also to the Anaco} per Mining com-j|#trengthen values, Demand, however, pany. Sales approximated 875,000! Was only moderate. The opening. shares, which ranged from %c to %c higher, with May $1.1715 to $1.17% and July $1.14 to $1.14%, was followed by a slight further advance and then something of a reaction. Bullish crop advices from Nebraska and some signs of improvement in ex- "NEW YORK, Feb. 27.—Conflicting price movements cshar: to- day's opening quotations on the New York stock exchange. Steel shares continued their advance of yesterday. put Studebaker, Baldwin and some of port business, including flour sales to theo ther popular industrials lost rpg Poet strengthening influence ground. Piggly Wigsly opened %/ 10° ee ae: firm, 1%c to 2¢ higher at new high record for the] 90% higher, with May $1.18% to year and Coca Cola*gained 1% points|#!18% and July $1.15% to $1.15%. on overnight announcement of an ex-| Corn and oats sympathized with the tra dividend. Pan-American “A" and{action of wheat. After opening a “B" dropped 1 and 1 points, respect-|Shade to %c higher, May 73%c to ively, but California Petroleum gained|73%c, the corn market scored slight 1% and .Royal Dutch 2 points. additional gains. Fresh buying was noted in a small] Speculative buying was a feature in number of railroad shares, gains of|the late trading. The market closed 1 to 2 points being recorded by Atlan-|firm, % to %@le net higher, with tic Coast Lines, Great Northern pre-]May 74% to 74%. ferred and International and Great] Oats started unchanged to %4c high: Northern, California Petroleum ex-/er, May 44% to 44%c, and kept near tended its gain to 1% and Texas Gulf|ts’ the initial range. Sulphur advanced one. Stewart War] “srigher quotations on hogs helped ] y list with a gain e ne ee etrtan ie acbopet sive firmness to the provision market. 1% points and Pacific Oil %. Ameri can Ice fell back nearly two points. Sugar shares were reactionary in re- sponse to lower prices for the raw May — and refine dproducts. Foeign ex-|July . Open. WHEAT— + 117% 1.18% LIT 1.18% ~ 114 1.16% 1.18% 1.15% High. Low. Close. changes opened fim, demand sterling} Sept. - . ~ 1.12% 1.13% 112) 1.13% rising more than one cent to 4.71 5-16] CORN— and French francs selling around 6.18| May 73% TB TBM TAG cents. July olraag "7p zany “75a Stocks that were under pool man'p-|Sept, - - - .75% .76% .75% .761% wation. made striking headway up| OATS— ward in the afternoon. The general} M 2 44% 44% AS “aK market also manifested a more stable| July - 43% 44% 48% 144% tone, many of the speculative favor-|Sopt.. _ . 43 43% 42% 43 ites ruling a point or ore above their} LARD— low figures of the morning. The mo-|May . - - 11.50 11.60 11.50 11.57 tor and accessory shares, zines and} July _ — .11.67 11:70 11.67 11.70 minor food issues were accumulated] RIBS— on a large scate. United Reta!l Stores|May — . 10.25 advanced 3%, Burns Brothers and/Juty © . _ 10.95 10.95 10.87 10.87 Louisville and Nashyille 3, fore Coast Line and Iron Products 2% and i Beechnut Packing and Bosch Magne- Gah eee ox ay to 2%. ray Sti ° Pre market presented. a! spotty’ ap: pearance throughout the morning with trading on a more reduced scale. Bear traders, aided by aaaitional profit taking, were able to unco s5@71c. e aoicaeen number of weak spots, especially in| cise seg $13.50@20.50. Pork nomi- tie ates, publte utaities: Sanipments;| nal Lard $11.50, Ribe $10.12@11.12. fy —e——— the shippings, which registered losses ot 1 to 8 point, iS ig rte bpuete ints and Liggett an rs 5. - Toad shares were comparatively firm Butter and Eggs , in response to the favorable showing made by the January earnings reports how being published. Buying off CHICAGO, Feb. 27.—Butter : these shares, coupled with a better! creamery extras S8c. stan ene Qemand for American Can, Utah Coploxtra firsts 49%c@S5ic; Scpesinmn ary. per and a select list of specialties, re-|4¢%c; seconds 45% @46%4c. sulted in a general hardening of Begs 1 Y cecatpts 747,001 5 prices arene ‘Dg20. Call money} ots 31% O81 %er opal ere opened at 5 per ‘ inary Bree Te ciaing was ethene.” Haars | "7, Mpmemeeds (okenS accumu‘ation of the copper shares and American Can which eee a a@ new high record, on a ne! pelt lake ou sa4hgs ante 5 points started a fresh rally ula $2.94%; weieniores Spey general list in the final hour en | asked: $2.73 bid; pe aH ing the beat prices of the 4ny were regis- ae: May tered. | Potatoes \ Foreign Exchange | CHICAGO, Feb. 27.—Potatoes] NEW YORK, Feb. 27.—Foreign ex- steady; receipts 84 cars; total United|/changes irregular. Quotations in States shipments 581; Wisconsin|/cents: Great Britain demand 4.70%; sacked round whites 90c@$1.05 cwt.;| cables 4.17; 60-day bill on banks 4.68% bulk $1@1-10 cwt; Minnesota round} France demand 6.13%; cables 6.14. whites in 120-pound sacks 90c cwti|Italy demand 4.82%; cables 4.83. Bel- Idaho sacked rurals $1.10@1.15 cwt.i| gium demand 5.36%; cables 5.37. Ger- Idaho sacked Russets $1.65@1.90 cwti/any demand .0044 ; cables .0044%. Michigan bulk round whites 90c cwt.| Holland deand 39.59; cables 39.62. Nor- Ser tee ee way demand 18.52; Bad Bank Meeting Called. 26.57; Denmark demand 19.52; A special meeting of stockholders of | eriand demand 18.80; Spain demand the Red Bank Oil company has been| 15.64; Greece deand 1.08; Poland de- called for Merch 15 at Portland, Me./and .0031; Czecho-Slovakia demand to vote on the proposition of changing}9.97; Argentine demand 37.87; Brazil the authorized capital from $7,200,000] demand 11,87; Montreal 98 3-16. to 120,009 shares of common with a oot Bena aden all Cotton | red=$1.83@1.35; No. 1 hard $1.20; no 2 hard $1.15 . Corn, No. 2 mixed 72% @13c; No. 2 yellow T3@73%c. Oats No. 2 white, 44% @45%e; No. 3 whits 42% @44c. Rye No. 2, 83%c. Barley 27.—-Flax par of $25-and 12,000 shares of ¢ . ferred with a par of $100. It is pro- posed to allow each stockholder one vote for each $25 worth of par value held. se . NEW YORK, Feb. 27.—Cotton spot steady; middling 30.16. Silver | | Sugar NEW YORK, Feb. 27.—Fovreign bar i ————————— + silver 66; Mexican dollars 50%. WEEE NEW YORK, Feb. 27.—Sugar closed steady; approximate aales 79 000 tons. The refined market was unsettled by the action of raws and prices were unchanged to 40 pointe lower with fine granulated now listed at $8.25@$89.00, but business was light, as buyers were inclined to ho'd off and await developments. TOO LATE TO CLASSIFY FOR BALE — A dandy five-room house with two finished rooms in the basement: on South Jackson; a good lot in a good location; all fur- nished for 37.000 with terms; can give possession March the first; also a good woll built house on W, Eleventh street, three rooms. modern; will sell furniture reasonable; priced at $2,900 with terms. J, F. Jones. & Co., 101 Eecktinger Bidg. Phone 1204. Get Chamber of Commerce Annual Meeting Tickets today. Banquut March 2, 1923. SWAN UNDERREAME} £ AT. YOUR SUPPLY” STORE IBRbereOR |) rc - Bonds - \ | | Tespot | wanted, Call Devel New York Stocks Foundry .. 180 American Hide & Leather pfd.. 71 American International Corp. . 28% American Locomwtive —._.. American American American American American T American Atchison .. od Atl., Gulf and W. Indies _ Baldwin Locomotive Baltimore and Ohio Bethlehem Steel “B” 2 Canadian Pacific -.-... Central Leather -.--—._. Chandler Motors -...---.-..-- Chesapeake and Ohfo -_.. Chicago, Mil and St. Paul Chicago, R. LE and Pacific ... Chino Copper ---.--.-—.—. Colarod Fuel and Iron Corn Products -. Crucible Steel Great Northern pfd. Tiiinois Central ---.---. Inspiration Copper International Harvester Int. Mer Marine pfd. - International Paper --. Invinteble Oil Kelly Springfield Tire Kennecott Copper --. Louisvife and Nashville Mexican Petroleum Miami Copper - Middie States Of1 Midvale Steel -. Missouri Pacific --. New York Central N. Y. N. H. and Hartford Norfolk and Western Northern Pacific Oklahuma Prod and Ref. -.---- Pacific Oil ----------: Pennsylvania People’s Gas Pure O! -. Ray Consolidated Copper 16 Reading 19% Rep. Iron ani Royal Dutch, Southern Pacific Standard Oil of N. Studebaker Corporation ------ Tennessee Copper ------------ Texas Co. Texas and Pacific ------------ United States Rubber -.. United States Steel ex div. ~--- Utah Copper , Westinghouse Wilts Overland ~~-------2---~ ‘American Zine, Lead and 8m. - Butte and Superior -------~-- Cala Petroleum Montana Power -------------- Shattuck Arizona ------------ Great Northern Ore ~--------~ Chicago Northwestern Maxwell Motors B Consolidated Gas - American Linseed Cosden - Standard Oil Stocks 18% 92 48 118 69% Tih Pipe ----acene——e ee TT Ind. Pipe _.----------- 8% 9% Nat'l cclkaene =| 20M x: 2 N. ¥. Bernec ns SM 28E North. Pipe ---—------ 208 118 Ohio Ol c-steewenrne- 1648 Prairie Oi —-----~ 261 368 cpt Mescrwseast me i Ph Sai 210 6T 54 104% 228 47% 308 55 53% 208 45.13, Iron steady; unchamged. Lead teady: spot $8.10@8.38, Zino firm, ene Tee'a annt and nearby delfy- ory 60@87.85. Antimony spot $7.25 Parties | “SV YORK, Feb, 27.—Call money easier; high 5; low 4%; ruling rate 5; closing bid 4%; offered at 5; last loan 4%; call loans against accept: ances 4%. Time loans firm; mixed cojlateral 60-90 days 5@5%; 46 months 5@5%. Prime commercial paper 4%@5. —< Get Chamber of Commerce Annual Mecting Tickets today. Banquet March 2 1928. <saipaiiseatiemenetaremes Ol leases, real estate, owners of Representatives rite as. con S18 Midwest Bil. Casper, Wyo—Advertisement. Stocks nenete Consolidated Royalty_ Cow Gulch ...--.. unset Tom Bell Royalty Western Exploration. 2 Wyo-Kan. Western O11 Fields Wertern States Y ow NEW YORK CURR cLosING Mountain Producers -§ 19.37 $ 19.59 Merritt... - 1087 11.00 Genrock Oil - - 144 Sault Creek Prds. - 24.12 Salt Creek Con: 6 13.50 Prod. and Refrs. - 10.00 Marine new - 5.00 Mutual ... 14.87 Cities Service Com. -. 188.00 Fensiand 18.25 New York 16.00 Mammoth Of 61.50 3%e -.. Virst 4s Second 45 Fourth 4%s Victory 4%s - | Crude Market Cat Creek Mule Creek Big Muddy Osage Lance Salt Creek Rock Creek Hamilton Grass Creek Torchlight Elk Basin Greybull Sunburst Livestock enone n= 1.80-1 Chicago Prices. CHICAGO, Feb. 27.——(United States Department of Agriculture.)—Hogs— Receipts 29,000; 10c high: pound averages $8.15@8.35; top $8.40; bulk 240 to 300-pound butchers $5 8.10; bulk packing sows $6.85@7.15; desirable 80 to 115-pound pigs $7@7.50 heavyweight hogs $7.85@8.05; medium $8@8.25; light $8.15@8.40; ght light $8@8.35; packing sows, smooth, $7@ 7.40; packing sows rought $6.75@7.10; killing pigs $7@8. Cattle-—-Receipts 11,000; beef sterrs active: strong to 15¢ higher; better grades reflecting most advance; top matured steers $10.50; five loads $10@ 10.25; bulk beef steers $8.25@9.75; she stock fully steady; bulls weak at Mon day's dectine; veal caves weak to lower; stockers and feeders strong bulk desirable heavy bologna buls $4.75@6; bulk canners and cutters $3.28@4.85; bulk stockers and feeders $6,50@7.75. Sheep—Receipts 16,000; opening about steady; handy = wooled geod lambs sold $15.10; choice held steady at $15.50; early bid lower; best fresh shorn lambs $12.50; three decks carry- ing 90-day wooled growth $12.75; fair- ly good handy fed western wooled ewes $8.50; choice 126-pound ewes $8.40; three doubles 64-pound western hay fed lambs on shearing orders $15.25 to yard traders. ons. OMAHA, Neb.. Feb. 27.—(United States Department of Agriculture.)— Hogs—Receipts 17,500; market active; snootts 20c higher; bulk butchers $7.76@' top $7.90; packing grades 10@160 higher; mostly $6.85@T. Cattle—Receipts 6,800: beef steers steady; bulk fed steers $7.25@7-85; top $9.30; she stock steady to strong; bulk cows $4.25@6; heifers $5.50@7; bulls = veals 50c lower; top $11.50; stockers and feeders stetdy; top, feed: ing steers $8. Sheep—Recelpts 15,000; all classes 250 higher; bulk Iambs $14.25@$14.65; early top $14.75; best held at $14.85; choice light yearlings held at $13; eary ewe top $8.40; feeding lambs $14.75. Denver Prices. DENVER. Colo., Feb. 27.—Cattle— Recetpts 1,000; market steady to 10c higher; beet steers $7@3.25: cows and heifers $3.50@7; calves $4.50@10.50; stockers and feeders $3.50@7.75. Hogs—Recetpts 2.600; market steady to strong; top $7.95; bulk $7.60@7.80 Sheep—Recetpts 460; market steady to strong: Jambs $12.50@14-50; feeder lambs $12.50@14.50; ewes $4.50@7.50. 6 faked sol tas Halreut 40c — Becklinger Barber Shop, basement. LIST YOUR OIL LEASES, Ot! Per mits and Royalties with Wyoming's largest Lease Dealing firm. Prepare for spring business now. We cannot sell your lease unless we know about ft. Ask for Christy. TEAPOT DEVELOPMENT CO., Sulte 218 Midwest Bidg. Casper, Wyoming Che Casver Daily Cribune — ‘ WMRKET GOSSIP AND FIELD NEWS GAS REPORTED AT MEDICINE BOW It is reported from Laramie that the Southwestern Oil company drilling near Medicine Bow encountered a gas flow estimatdd at from two to three million feet at a depth of 2,000 feet, which if correct, will mean the adding of a new producing field to the state an tory to development, This test has been drilling for quite length of time on a structure which has the recommendations of ge rlogists and the result of the opera- tion has been watched for with con- siderable: interest. Supreme Court Denies Petition. The U. 8. Supreme court has denied the petition of the Utsh Consolidated Mining company for a re-hearing of the case which {it lost to the Apex Mining company involving trespass on Apex rights and Illegal extraction of ore. Dissolution Plans Expected Soon. NEW YORK, Feb. 27.—Announce- ment of plans for the dissolution of United Retails Stores corporation is xpected within the next few days, 19 final arrangements are now being made for the distribution of its se curities. The plan contemplates the ssuance of pro-rata certificates for securities held in the Co.'s treasury upon surrender of United Retail stock. The estimated value of the se curities in the treasury after deduct- ng excess of Iiabilitjes over other issets works out at $88 each on the 93.000 shares outstanding Hutton On Directorate. At Its meeting held in Atlanta Georgia yesterday, an extra dividend of 50 cents a share was declared in uidition to the regu’ar quarterly dis: yarvement of $1.50 a share on the common, both of which are payable on April second. Five new members were elected to the directorate 1 cluding E. F. Hutton of E. F. Hut ton & Co., New York. Gasoline Advanced In Oklahoma. d the opening of a large terri- Superior syndicat| Six inch casing was set at 2840 feet and th hole is in excellent condition. A gas flow of about 2,000,000 feet has bene de veloped and this ts increasing as drill ing progresses. Oil is expected to result fram the penetration of the lower horizon. ti Test Betng Cemented. The wildcat test being drilled by Newcom and Maxwell on the Pat O'Connor ranch several miles north east of Salt Creek on section 9-41-80 is being cemented by the Perkins Process on top of what ‘s supposed to be the second Wall Creek at 900 feet and it {s probable that {t will be drilled in some time next week The successful competion of a pro- ducer at this point would add a vast area to production and owing to the shallow drilling would result in its mmediate development Great Gain In Motor Vehicles. Passenger car reduction in January tota!led 221,697 as against 81,693 in the same month in 1922. Trucks to talled 19,206 against 9,416. Teapot Hearing In October. The Senate committee on public lands has agreed to begin hearings on October 15 in {ts investigation of the Teapot Dome ofl contracts en tered into by the interfor department By that time reports of the geologists employed by the committes wil! be available Gas Plant Being Moved. The gas plant which was started in Lance Creek by the Ohlo, Buck Creel and other companies during the boom period of that field but was never The Crew Levick company, market- ng subsidiary of Cities Service, has ised the tank wagon price of ne two cents a gallon in Oklahoma. Refined Sugar Price Lowered. Arbuckie Brothers today reduced the price of refined sugar 50 points to $% cents a pound. Atchison Tonnage Increases. Atchison freight loadings for last week totalled 31,701 cars against 24.04 the same week a year ago. Big Sugar Outpt? Predicted. Mitchet!, of the National City Bank, Predicts 4,000,000 tons of sugar for Cuba and condemns speculation. No Change In Discount Rate. No immediate change tn the federal reserve re-discount rate {s contem- plated according to treasury offi: cers. Zinc Reaches New High Price. Zinc at 7% cents a pound at East St. Louis yesterday showed an in- crease of 1% cents in the last 10 days and is the highest price paid since October 1920. Increase In Car Loadings. The Pennsylvania system's freight car Joadings in the first six weeks of the year totalled 834,824 cars against 700,687 for the same period a year ago and 711,108 in 1921. All Stocks Average Lower. The average price of twenty active industrial stocks traded in on the New York stock exchange on Monday was 102.40, a net toss of .45. The average price of twenty active railroad stocks was 89.76, a net loss of .44. eS ae { Great Northern Places Engine Order. Announcement was made on Mon- day of the closing of a contract by the Great Northern with Baldwin Lo comotive for the construction of 58; lcomotives at an estimated cost of} $4,500,000 for delivery this fall. Of the total ordered 28 are passenger type and 30 are Sante Fe freight. The addition to the present equip- ment of the Great Northern is viewed by officta's of the road as likely to ald in handling of harvest traffic. The Great Northern is also to receive 4,000 new box cars. Gas Flow Increases In Test. The Marine Of) company has reach od a depth o 2917 feet In its test of the Sheldon structure {n Fremont county which it took over from the finished, is being dismantied and hauled to Manville from which point it will be shipped for use in some oth er fidd. Second Tost Progressing. . The Platte River Development as. soctation !s making good progress with its test near Guernsey tho pres ent cieration being the second hole The first was lost owing to tools be Ing dropped after good showing of oil bad been encountered. Weather Slows Up The Associated Montacal No. » in the Baxter Basin field is through the first Wall Creek and !s carrying six Inch casing at 2,840 feet. It ts prob able that this will be drilled into the producing horizon in the near future. The Ohio No. 2 is standing with Practically the same gas pressure as was previou reported. It ts un. derstood that the company wil start Grilling on section 22-16-104 during |the present month. | Bad weather continues to retard | operations in that district and tt in probable that develapment will not be carried on extensively until spring | Raflroad Calls Bonds. The Loutsiana and Northwest Rat! road owned by Middle States Oil, through its voluntary sinking fund of 20 per cent of net applicable to di vidends, at ‘ts office, 347 Madison |avenue, New York City, will receive written offers for redemption of ap proximately $12,000 of its 5 per cent | first mortgage bonds. Directors also have declared the regular dividends lof 1% per cent for the quarter end ed March 31, 1922, payable April 1, tc stock of record March 5 Activity In Hot Springs County. THERMOPOLIS, Wyo. Feb. 27 | What Is expected to be the most ac | tive season in the history of this din trict is Indicated by present activities The steadily increasing price of crude together with the decreasing supply in other fields is tending to force the operators to spread out and more holdings are being acquired by the | larger companies. The Utah Oil pany, which has been working Black Mountain with promse of successful completion, will be the | first outfit to drill the Gebo dome. according to present indications, This structure is looked upon by all oil | men as one of the most promising wildeat propositions tn this part of | the state—almost certainly a big pro- | @uesr_once ft _has_bew_brousht_tn | and Refining com at Attention Corporations Do You Need Additional Capital ? | Chicago financial house is interested in underwriting stock issue. Write or wire LESLIE-VINCENT COMPANY Garrick Building, Chicago Dominion of Canada, 5% per cent, notes, 1920 French Republic 88 French Republic, 7% Kingdom of Belgium, 7 Kingdom of Belgium, 6: U. K. of G. BL & 1, 5%, . K. of G. B. & 1, 5% American Sugar 6@ --—...— American Telephone and Telegraph cv, 69 American Telephone and Telegraph col tr Armour and Co., 414s Baltimore and Obto cv. Bethiehem Steel p. m. 58 - Canadian Pacific deb, 5s — Chicago, Burlington and Quincy re’ thicago Milwaukee and St. Paul cv. joodyear Tire 8s, 1981 Goodyear Tire, 8s, 1941 rand Trunk Ry of Can., 7s Grand Trunk Ry of Can, 6s — jreat Northern 7a A —_-_. Great Northern 6 1-38 B Mo. Kan. and Texas new, edj., Missouri Pacific gen., 49 Montana Power, 5s A New York Central deb., Northern Pacific pr. len Oregon Short Line btd, Oregon Bhi Line ref., Pacific @as and Electrio Bs — Penn. R. R. gen., 648 -——— Penn. R. R. gen., 68 Reading gen.. 4a —_ Union Pacific S. Rubber, S. Rubber, 6s tah Power and stinghouse Light 6s | etric Ts Tlence the legal battle to secure the|porations of nationals whose govern- holdings there, Claims on this struc-|ments discriminate against corpora- ture have been tn Mitigation, part of|tions of American ofl producers are the ground being confirmed to one| being considered by the cabinet tn the interest and part to another, with|course of discussion of the American title to some df the clatms still unde-| government's of! policy. The position clded. At present it looks as tf the of the American government, {t was final analysis the Utah O. and R.|said for President Harding, was that the Ohio Ofl company wl be|it would establish no obstacles for the und dividing the holding, partly | development of oll fileds in thts coun- through leases and partly tn thelr try by producers of other countries own rights. that provide equal privileges in petro- ‘The Utell dn ordee Gs. hale leum districts under their mandates sion of {te ground, must Degin aril-| of control to American companies. 2% ing by March 1 of this yenr A enmp|tP® matter of leases upon fields in the is In course cf construction and it is|PUblic domain, this government will reported on apparently good authar |Pemit none to corporations controlled ity that it will soon apud in with a|>Y forefgn investors, whose govern- 2o.ineh hole ang will be prepared to\™ments have shut out American pro- 0 down 4,000 feet if necessary, [egies ator oa inn oe A drilling crew arrived this za lan Jando. ‘Careful lavas: for the Union Oil company’s well on | menor Indian lands. Careful inves On| tigation !s now being made by the Hale dome. It is expected that this|interior department into the owner- well will be completed soon. ship of off corporations applying for Water lines frozen up during tho} leases on government lands in an ef- ast cold weather have caused a de-|fort to determine what percentage of rease in production in the Hamilton|stock {s being held by foreign in- dome, Another pipe Ine for water|Vestors, The hearings now bing held supply is now being used and the field |@r@ expected to conclude on March 1. Rub Lumbago or Stiffness Away erablé more than this amount from| the wells now drilled. | The renort was confirmed this week | that the Empire State Of company) naw bought the Mutual Oil company's | interests In this field, ‘The Empire company bad secured the Occidental | Oil company's Interests some time ago. These leasea will be operated by the Empire company with C. W. | Skelton in charge of the field. i A continuous streain of material! gcing to the Grass Creek fidd ts tho! Indication of a busy summer, With| St. Jacob's ON stopa any pain, #0 much new construction and the drill-| when your back is sore and lame, or ing of a considerable number of wells|lumbago, sciatica or rheumatism has the fleld will have one of the.most|you stiffened up, don't suffer! Get active years. |smaN trial bottle of old, honest Producers and Refiners orporation| Jacobs Oll at any drug store, pour « well at Enos Creek has just about|little in your hand, and rub it right made a record for wildcat wells in|on your aching back; and by the time Hot Springs county. ‘The well was|¥ou count fifty the soreness and lame dritied into the first Frontier sand) ness is gone. February 15. This sand was found) Don't stay crippled! This soothing, at 2.440 feet. The sand contained | penetrating of! needa to be used only water, as is the case in the Grassjonce. It takes the pain right out and Creek, Buffalo Basin and Little Grass|ends the misery. It is magical, yet Creek oi] and gas fields. The well absolutely harmless, and doesn’t bura was drilled to 2,445 feet with a ten-|the akin tneb “hole and as soon as the 84-inch! Nothing else » casing whic his now betng run Is set iy ackache or rhe below the water aand the well wit ps Tumbago, sciation, atism so promptly. It never disappoints}~—Advertisement, be drilled into the ofl sands, of which 7 there are as many as eight in the) praircut 40c — Becklinger Barber Grass Creek field, Shop, basement ‘This test bas been approved by sev eral of the leading gediogists and will nean much to Hot Springs county should tt be fortunate enough to be a producer. The company drfiling the well is to be complimented on the SWAN UNDERREAMERS successful methods used in drilling » this well Tho Ohto O\) company {s mo mnother standard rig to Ruffalo gin this week Utah Ofl and Refining compan: AT YOUR well is dritiing and makng good prog ress In Black Mountain, despite the recent cold weather and poor roads. SUPPL TORE American Concerns to Be Protected- Retaliatory measures against cor Wouldn't you like to become financially interested in one of the most profitable and fastest growing chain-store merchandising corporations of the inter-mountain coun- try’ If you do, you can become interested right tow and on the original ground floor terms. Probably you are familiar with the enormous earnings of chain-store corpora- tions. This is a Wyoming company, owned by Wyoming men. See John C Roberts at Henning Hotel from 10 to 12 a.m. and 2 to4p.m., 7 3 eV