Casper Daily Tribune Newspaper, April 1, 1923, Page 16

AC PAGE EIGHT WYOMING’S LEADING OIL, BUSINESS AND FINANCIAL DEPARTMENT WHEAT PRICES RALLY IN CLOSING SESSION SPECULATIVE SELLING DEVELOPS IN MARKET New York Exchange Develops Over-Bought Condition During Week and Trading Is Aimless and Irregular in Last Short Session NEW YORK, March 31.—Irregular and aimless trading featured today’s activities in the stock market after a week in which considerable ground was lost as a result of heavy speculative selling founded on rumors of an impending in- crease in federal reserve rediscount rates. This report proved ur ded but reverses occurred in the face of marked im- provement in all lines of trade and industry. In 8 s of the Saturda 1 that sifscualtive excesses in tho ne See _cither| ast phases of the market wil! not : pons cation Of’ Necdino as violent as they were in niet Sa deis I y railroad statements, on > were rather disappointing te was explained. in part, by = that a year ago the ship- ments in February were larger than usual in anticipation of the miners strike and that this year the unusu lly severe storms greatly increased operating expenéss and retarded the P normal flow of traffic. The southern : railroa\s made their best showing 4 w 1 few western systems, such ¢ o and Northwestern and St : orting 4 increase in income last mor dor the same per 1s0 were conspic-| {od a year ago, closing was ir-| Despite the general reactionary roximated 310,000) trend several new high records were made during the week, among tite Irse aes Curing the most important being California Pet ted that the market had| roteum at 104%. Marland Oil fe developed an ove ight condition| Union Bag and Paper at and wtih the professional sponsors for the) Owens Bottle at 51%. The Virginia sufficiently, Carolina Chemical issues dropped to maintain| a new low price for the year on heavy predic ling 1 on renctts of poor cur. nm cf the pres rnings, but they made par. run, with recovery later on official an: two o nine to tial nouncement that the cash position of nearly the company was good. The United consensus of op: tes Steel got above 108 on uncon public is much m ed reports of the formation af in its choice of stocks 1¢:w pool by large financial interests. Oil Activities to Be Major Factor In Riverton Region re {vities will play a prominent the improvement.this spring ton and vicinity, rom th Work on the Sheldon structure by the Marine Ol! company is progressing most satisfactory, with indications *| most favorable, and the bringing in of a well there will do much to attract the attention to the ol! resources of this community. 1 will be per sands in the Sand summer. Heretofore} Phe Union Oil company, it {s under- etrate the deeper | stood, will this spring begin the devel failed, but it is understood | opment of their additional acreage. method has been discovered | recently secured in what is known as drilling can be pushed] Circle Ridge. the gas, and mto the sands| ‘The Ohio Oll company has also pur. expected to contain ofl in| chased several additional tracts in this tities. The Producers & Re-| qistrict and may prospect the same finers corporation 1s expected to drill| this summer. this test. | Ketch & McClennan of Ardmore, here {s also every. reason to be-|Oklahoma, who have contracted to leve that a well will be drilled to the|drill the acreage of the Burley com: lower sands in the Pilot Butte field) pany, will start drilling in that new this and this drilling will be| and promising field east of Sand Draw done by prominent interests lon or before the first of May whereby mme: Prospecting Permits Issued By State In Large Number Prospect sands of been ors’ leases covering thou of state lands have Cc. H. MeWhinnie, commissioner H. B. Menderson, Jr., Cheyenne W's, W% NEM, 84% acres in SEX of section 16-45-62. tate wsince the} Darby T. Hand, Basin, all of sec last report on such operations. The| tion 36-61-101. number indicates preparations for| J. M. Trevett, Casper, all of section much ity in ofl wildeatting dur-| 16 80. ing the coming year. Green River Petroleum company, A lst of leases recently issuea| Cheyenne,’ all of nection 16-27-113. follow George W. Jarvis, Casper, all of 1 *, *1 section 36-49-80. iH. I Weston, C yenne, f ; syaston, Cheyenne, all of) “(; 33, Pleasants, Rawlins, all of section 36-20-78. Frank 0. Horton, Buffalo, 4 tdith G. Oakes, Denver, all of sec sw 4 NW% of section 0-80. tion 16-37-86 W. C. Mentzer, Cheyenne, all of} lla E. Schloredt, Denver, SE\ we 16-26-6 | SE% of section 8-37-86; Si SW% of rner, Omaha of sec-| ion 9-37-86; NE% NE% of section tior 17-37-86; Sig NE%, N%& NW% of sec 1 sper, all of section! tion 21-37-86. | Mineral Prospector’s Lease, Granted. Washington, D. ¢ 99 patel 30 pal Prospector’s Lease Granted. 42-81. W. C. Barnes and J. L. McMaster, Ruban W. Riley, Cheyenne, all of! trustees, Lincoln, Neb., all of section ildeat Test Projected For Two More Districts Wyo-|t 10,000 | rick The Vanguard Oll company of Kan sax City 1s moving equipment to the © near} Lamb anticline, two miles northeast of that |the Torchlight field in Big Horn coun-; sum-| ty, W and announcement is made| me that ¢ will begin as soon as pre-| ma k can be completed Myer, Casper, all of section kins, Dayton, Ohio, establish camp and build a der. ting oll nk a test lr Uminary v Montana Production Over 2,300,000 Barrels, 1922 HELENA, Mont J ern Of company Cat Creek and legality of the which protested the . tax and has now ‘ 2 produced appealed from the state supreme 04.414 t c court to the federa! court to ros train the state from {ts collecion. | Gasoline production in Montana in| » compar 1922 mmounted to 10,816,427 gallons, © Aintric according to a «imilar accounting of | estimated manufactures of | Lx was pald on only 4,806 actured 84 gasoline manu in} shippe ence was f 1 ntate a outside pays} | Rock River _ | Cat Creek Casper Sunday Worning Cribune * eas New York Stocks Oil Securities (Associated Press Leased Wire) Allied Chemical & .Dye - Th Allis Chalmers —__- - 48% | : American Beet Sugar - 438| Bie Indian - 24 26 = 4, | Boston Wyoming ---- 1.00 1.25 American Can — — - 98% | 5, ‘k Creek 16 18 American Car & Foundry 180 ee x Se 4 American Hide & Leather pfd.. 69 Bia: eetbere alt tava aa 36 American International Corp - 31%) Gacomenne Dee ge RE American Locomotive — 188% | Columbine as rm Fr Smit es ey é “ oust hp dade dg 3 S3% | Gonsolidated Royalty. 146 1.48 American Sugar —- —— 9% | Srrrno Te Hy American Sumatra Tobacco 8B) ee ios 2 F 21% | Demino ay 09 American T. and T. 121% | D { | Elkhorn 205 06 American Tobacco -153% B |B. T. Willams 85 “87 American Woolen — - 104% | © ry . | Frantz -. - 5.00 Anaconda Copper 50% | ¥ Gates 07 Atchison -—-. 102 Juplter 00% Atl, Gulf and West Indles - 30 | Kiviney = af 3 Ler ivad amt prsiany Mountain & Gulf - 1.64 Haturahena athens! Lance Creek Royalty - 03 04 Caiadlant sect el Lusk Royalty .— OL 02 Gautrsrersanieer Mountain & Gulf —-. 1.62 1.64 Central eUeatiiee | Mike Henry — 01 wz hapa penbe Te bea | Red Bank ~ 16 17 Crfsapeake and Ohio — ay’ 04 06 Chicago, Mil. and St. Paul - “ ‘13 13% Chicago, R. T. and Pac. - Bouse: ‘au Jo3 Catena Tom Bell Ro: 01% 02% patiddeed yt be ara ade tae | Western Exploration. 3.40, 3.60 payee ates *| Wyo. Kans. 65 5 Zap: lets | Western Oil Fields —- Erie — 4 >, | Western States Famous BGengral eral Electric ral Motors — sdrich Co. orthern pfd. ltinols Central — Inspiration Copper International Harvester — Int. Mer Marine pfd. Inthrnational Paper - Invincible Oil __. Springfield Tire Kennecott Copper — Louisville and Nashville Gre Kelly Mexican Petroleum Miami Copper 3 Middle States Oil 11% | Midvale Steel — 30 Missouri Pacific 16% | New York Central — 95% N. Y. N. H. and Hartfont 18%] Norfolk and Western —- - 1B} Northern Pacific Oklahoma Prod and Ref. - Pacific Ot Pan American Petroleum Pennsylvania —_ Peop Gas Pure Oil ~. Ray Consolidated Copper Reading: (oo s Rep. Iron and Steel — Royal Dutch, N. Y. Sears Roebuck - Sinclair Con Oil — Southern Pacific Southern Railway — tandard Oil of N. J. -. Studebal4sr Corporation — Tennessee Copper Texas’ Co. ----_- Texas and Pacific _ Tobacco Products - Transcontinental ON - Union Pacific _-_-. United Retail Stores U. 8. Ind. Aledhol £ United States Rubber - United States Steel Utah Copper —_ Westinghou4 Willys Over American Zinc, Lead and Sm. Butte and Superior Cala ePtroleum — Montana Power -. Shattuck Arizona Great Northern Ore Maxwell Motors B Consol'dated Gas American Chicago > Cosden - Linseed Oil _ orthwestern _. Open Close Anglo Ww 17% Huckeye - 87 88 Contindntal 45 46% Cumberland 112 113 Galena ... = 1% Miinols .. - 163% 164% Inciana - 99 100 Nat. Tran. 25 25% N. Y. Tran. 130 132 Nor. Pipe — ~ 105, 107 Ohio O11 - - 1% 19% Prairie Ofl — ~ 232 233 Prairie Pipe — edie 111% Solar Ref. - - 200 201 Sou. Pipe - - 111 112 8. O. Kan. 50 50% 8. 0. Ky - 100 101 0, Neb. — 268 263 ON. ¥. 45% «45% 8, 0. Ohio - - 288 292 Vacuum - - 49% 49% 8..P. On ~ 165 168 8. O. Ind. ~ 66% «= «GT Pipeline Runs Are Unchanged In Last Report Pipeline runs from Wyoming and Montana fields for the week ended March 24 were approximately the same as the previous week with the daily average estimated at 115,070 barrels as aganist 115,565 barrels for the week ended March 17. A com- parison by fields of the runs for the weeks named follow Fields Salt Creek Big Muddy Lance Creek ~ Pilot Butte Lander ~ Lost Soldier Grass Creek ~. Hamilton Dome -. Elk Basin -. Greybull . Osage Ferris Kevin-Aunburat Miscell cous | Marine new | Mammoth -=-115,070 118,565 ¥ On . 5 NEW YORK CURB Mountain Producers -$ enrock Oll - It Creek Prds. Salt Creek Cons. Mutual 8. O, Indiana -- Cities Service Com. Fensland New York on LIBERTY Sige Yi_-casaee First 4s Second 4s First 44s Second 4%s - Third 44s Fourth 4%s - Victory 4%s - —— - Crude Market poe sees 1.65 2.10 2.15 2.10 1.65 1.50 $1.65 2.10 2.10 Rock Creek - Salt Creek -. Lanz Creek Cat Creek Osage -- Big Muddy Mute Creek Hemilton -. Grass Creek -. Terchiight .-. Elk Basin Greybull -. Sunburst CRT FO 1.30-1.50 Indian Would Make Volcano By Piping Gas WASHINGTON, March 31.—Na- ture was so neglectful that she failed to provide Glacier National park with a volcano, so Wily Wim- pus, a progressive Blackfoot Ind'an half breéd, who had his primitive ideas stimulated .at Carlisle, wants to manufacture one. He argues with the bureau of national parks that his plan will divert a let of European tourist travel and be a big boon to his native state, Mon- tana. Mr. Wimpus would remedy na- ture’s oversight by making a vol- cano that would rival Vesuvius or any of the other old wor!d_“smok- ers.” The plan to make this artific'al yoleano involves the piping of nat- ural gas from the Shelby oil field, sixty miles to Chief mountain in Glacier National park, the sinking of a shaft in th’s mountain, ‘‘con- necting it up and touching it off.” Then—presto change—a gigantic firesputtering spectacle that would furnish Montana's greatest contin- uous show. Foreign Exchange NEW YORK, March 81.—Foreign exchanges irregular. Quotations in cents: Great Britain demand 4.67%; |cables 4.67%; 60-day bills on banks 4.65%. France demand 6.65; cables 6. 4. Italy demand 5.014 cables Belgium demand 6. cables 5.75%. Germany demand .0047%; ca- bles .0047%. Holland demand 39.36; cables 39.38. Norway demand 18.83; Sweden demand 26.60; Denmark de mand 1910; Switzerland demand 18.47%); Spain demand 15.35; Greece demand 11.8; Poland demand .0024; Czecho Slovakia demand 29.7; Argen- tine demand 87.07; Brazil demand 11.05; Montreal 98 7. ————— MARKET GOSSIP CHEYENNE, Wyo., March 31— The Sinclair Crude Ol! Purchasing company, a Delaware corporation with a capital stock of $40,000,000, Friday paid the state of Wyoming filing fees of $8,005 for recording a certified copy of its articles of in- corporation. Turman Oll Earnings. Turman Oil reports a gain in earn- ings during the first half of March of $700 a day greater than the average for February, which month itself had earnings of $900 a day more than tho average for January. ———————— Lower ptices on rugs at Graham Shields -Furntture Co. Why pay more? Final Trading of Week Partially Offsets Losses of Seven-Day Period Under Influence of Bullish Reports on Wheat Crop CHICAGO, March 31.—Wheat closed firm and at slightly higher prices today on opinions of crop damage from the re- cent cold weather and belief that a change to warmth and repeated showers are much needed by winter wheat. Com- pared with a week ago closing pr.;es today showed a frac- tional loss, enlarged receipts at p: mary terminals together with an increase in the United States visible supply having had a bearish effect on the market for a perio of several days. These losses extended throughout the grain and prdvision Ust. May delivery of wheat showed es: pecial instability and reached the low- est price levp! in several weeks. Bear- ish sentiment as to May delivery was emphasized by announcement that there is available public elevator space here for 8,000,000 bush#1 more grain than at present in storage and that the directors of the board of trade have under consideration the creation of whatever additicnal room may be found neg-ssary. Canadian wheat in United States ports being stfered at ithe lowest prices of the season Relative firmness of prices for July ind September deliveries of wheat the new crop months, resulted more or less indications of delay to spring wheat seeding as a result of unsea- senably cold weather northwest. There v4ore also reports of an exten- sion of the dry area in the winter wheat territory and of crop damage by green bugs in Texas. On the other hand, Easter holidays curtailing busi- ness was something of a factor on the bear sits of the market. Decrease of the visible supply both ofycorn and gats had a sustaining! nfluence on prices for the feed grains and 80 too did cold weather which interfeed with fiel@ work and induced Wetter shipping demand! here. Packers selling weakened the pro- vision market. Stocks of provisions were said to be accumulating. ‘The closing of today's wheat mar- ket was firm, 1% ta 2% net higher than Friday, with "May 1.26% to 1.20% and July 1.17% to 1.17%. In corn trading some export in- quiries v(ere near to a working basis and with rural offerings continuing light, the close was firm at % to % net advance, May 74% to 74%. High 1.20% Close 1.20% 117% 1.15% Wheat— Open ay 1.19% 1.15% 1.14% TAM 8% 17% 45% ABM 43% 11.20 11.37 9.80 910.12 CHICAGO, March 31.—Wheat. No. 2 red $1.28%; No. 2 hard $1.21%. Corn, No. 2 mixed, 754% @75%c; No..2 yellow 76%4c. Oats, No. 2 white 45% @46%c; No. 3 white, 44% @45%c. Rye, 2 83%. Barley, 64@71c. Timothy seed $5@6. Clover seed $13@18.50. Pork nominal. Lard $11.12. Ribs $9.25@ 10.50. | Potatoes CHICAGO, March 31.—Potatoes, steady; receipts, 50 cars; total U. 8, shipments, 822; Wisconsin sacked and bulk round whites, $1.45@1.55 cwt.; Idaho sacked Russets, ordinary con- dition, mostly $2.00 cwt.; Minnesota white, 120 {pound sacks, sacked and bulk, $1.25@1.30. " IF RHEUMATIC FAT NO SWEETS Says Glass of Salts Helps to Overcome Rheumatism Acid. Rheumatism is easier to avoid than to. cure, states a well-known author- ity. We are advised to dress warmly, Keep the feet dry, avoid exposure, and above all, drink plenty of good water and avoid eating sweets of all kind. Rheumatism {s caused byt body waste and acids resulting from food fermentation. It is the function of the kidneys to filter this poison from the blood and cast it out in the urini the pores of the skin are also a mean| of freeing the blood of this impurity. In damp and chilly cold weather the skin pores are closed, thus forcing the kidneys to do double work; they become weak and sluggish and fail to eliminate this waste and acid which keeps accumulating and circu lating through the system, eventually settling in the joints and muscles, causing stiffness, soreness and pain, called rheumatim, At the first twinge of rheumatism get from any pharmacy about four ounces of Jad Salts; put a tablespoon- ; ful in a glass of water and drink be: | fore breakfast each morning for a’ j week. This {s helpful to neutralize acidity, remove waste matter, also to stimulate the kidneys, thus often rid- ding the blood of rheumatic poison. Jad Balte 1s inexpensive, and is made from the acid of grapes and lemon juice, combined with lithia, and is used with excellent results by thou: saris of folks who are subject to rheumatism.—Advertisement. Livestock Chicago Prices. CHICAGO, March 31.—(U. 8. Depart. mint of Agriculture.}—Cattle—Re- ceipts, 500; compared with week ago, beef steers, yearlings, butchers and butcher she stock largely 25@40c higher; good to choice heavy beef played “Liewel'yn.” steady to strong; bulls about steady; veal calves sharply lower largely $1.50 @2.50 of, spots more; stockers and feeders strong to 25c higher; week’s bu'k prices follow: beef steers $8.15@ 9,85; stockers and feeders $6.85@7.85 beef cows and heifers $5.75@7.85; can ners and cutters $3.50@4.15; veal calves $8.50@9. Sheep—Receipts 3,500; market strong; compared with week ago, fat lambs steady to shade lower; fed year jing wether and sheep strong; week's extreme top old fat lambs $15.15; paid by shippers at close; bulk wool skins $14@16; heavies $12.50@13; recently clipped lightweight kinds mostly $11.50 @12.25; extreme weights $9.25@10; geniine Californ’a spring lambs $15.50 with outs at $12.50@13; new crop na tives largely $19@21; prime 81-pound fed yearling wethers $14.15; others around $13; best handyweight wooled ewes $9; other light weight kinds $8.50 @8.75; clipped ewes mostly $6.50@ aged wethers $9@9.50 in wool; shorn descriptions $7.75@8. Hogs—Rece!pts 8,000: mostly strong to bc higher; closed dull, about steady bulk desirable 150 to 190-pound aver ages $845@8.50: top $8.55; bulk 240 to 325 pound butchers $8.10@8.25; pack ing sows $7.15@7.40; pigs dull, mostly $6.25@7.25; estimated holdover 3.000. heavyweight hogs $8@8.25; medium $8.15 @8.40; light $8.15@8.50; Nght ligh: 0@8.45: packing sows, smooth $7.35 packing sows rough $7.10@ killing pigs $6.25@725. Omaha Quotations. OMAHA, Neb., March 31,—(U. S Department of Agriculture.)—Hogs— Receipts, 14,000; market slow, steady to 10c lower; butcher hogs, mostly $7.85@7.90; packing grades, fully steady; packing sows, $7.35@7.40; bulk, $7.85@7.90; top, $7.95. Cattle— Receipts, 850; compared with week ago: beef steers, 15@25c higher; spots more on light weights; she stock fully 25c higher; canners cutters and bulls, steady; veals, $3.00 @4.00 lower; stockers and feeders, 15@25e higher. Sheep— Receipts, 500; compared with week ago: lambs, mostly steady sheep, 25@50c higher; feeders, around 25e lower; light ewes, $8.65@8.85. Denver Prices. DENVER, Colo., March 31.—Cattle —Receipts, 300; market stead; beef steers, $7.00@8.75; cows and heifers, $4.50@8.00; calves, $4.50@12.75; stock ers and feeders, $6.00@8.00. Hogs—Recelpts 170 head. market steady; tops, $8.05; bulk, $7.80@8.00 Sheep—Rece'pts 1500; market steady to strong; lambs $12.75@14.00; feeder lambs, $13.00@14.00; ewes, $7.00@ 8.75. plicit SAE 7 Silver MARKETS ‘SILVER MT—$, NEW YORK, Marc! 31.—Forelgn exican dollars 5244 ee WOMEN GUESS NUMBER OF RECORD IN WELLS CO. STORE: EACH GET PRIZE The lucky persons in the contest to guess the number of phonograph rec- ords placed in the Charles H. Wells music store window yesterday were Miss Lucille Bursch and Mrs. Preiss Each of the ladies consequently re ceived the record, the number of which they had tried to guess and als# a beautiful Easter lily. Miss Bursch hit at No. 2350 for the Brunswick: rec ord. The number was 2343, Mrs. Preiss guessed No. 18824 for the Vic- tor record. The correct number was LISTEN A few dollars invested in oil leases at the opening of a new oil field may make thousands for you. I have state land leases in the new San Juan Basin oil fields of New Mexico that can be trans- ferred in 40, 80 or 160- acre tracts at $2.50 per acre. J. C. Roberts at Hotel Henning. SUNDAY, APRIL 1, 1923. Dom. of Can,, 54% per cent notes, 1920 French Republic, 88 - French Republic, 744s Kingdom of Belgium, 744s - Kingdom of Belgium, 6s -. Kingdom of Norway, 8s U. K. of G. B. and L., 5%s, 1929 —. U. K. of G. B. & L., 5%8, 1987_. Americar Sugar, 63 u American Telephone and Telegraph cv., 6s. American Telephone and Telegraph col tr. 5: Armour and Co., 4%s - Baltimore and Ohio cv., Bethlehem Steel ref., 58 Bethlehem Steel p. m. 58 — 88 Canadian Pacific deb.. 5s = 71% Chicago, Burlington and Quincy, ref., 5s A 96% Chicago, Milwaukee and St. Paul cv., 44s 67 Goodyear Tire, 8s, 1931 103% Goodyear Tire 8s, 1941 — 116% Grand Trunk Ry. of Can., 14 Grand Trunk Ry of Can 104 Great Northern 7s A 107% Great Northern, 5 27 Mo. Kan. & Texas new ,adj.. Ss A — 61 60% Missouri Pacific gen., 4s ~ 57% BT 57 Montana Power, 6s A - 94%4 3 New York Central deb., 6s — 102% Northern P: pr. lien, 82% Oregon Short Line gtd., 5s ctfs — 100% 100% Oregon Short Line ref., 48 - 91% 91% Pacific Gas and Electric 5s - 89 88 Penn, R. R. Gen., 6%8 - 107% 107 Penn. R. R. gen., 58 99 98% Reading Gen., 4s 83 82% Sinclar Oll Co., THs — 100 995% Standard Ol] Cal.. deb., 7s Union Pacific First, 4s United States Rubber 7%3 United States Rubber, 5s Utah Power and Light, 5s - 85 Western Union 6%s 107% Westinghouse Electric, 7s 107% Flax Seed. | DULUTH, March 3 seed. —Closing flax March 3.22% bid; May 3.01; Jul Butter and Eggs CHICAGO, March 31—Butter—Mar- Higher; receipts 11,100 tubs, cream- ery extras, 50; standards, 49; extra eS firsts, 49@49%4; firsts, 48@48%4; sec- 5 ones UNDE RREAMERS Eggs — Higher; rece'pts, 20,115 cases; firsts, 2414; ordinary firsts, 22) 214; miscellaneous, 23@23%. | AT:'Y.OUR SUPPLY STORE J BricckerorT “4 THE PIPE FOLLOWS CASING AND DRILLING TOOLS New casing in car lots. Have 35,000 feet used cas- ing, 60,000 feet 4-inch line, and 30,000 feet 6-inch line. Surveying aud Locations Geologists Oil Experts Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. Several strings drilling tools, Standards, Stars and Nationals, J.C. ROBERTS & CO. Hotel Henning SWAN WANTED UNDERREAMERS OIL PROPERTIES. Have r new eastern connections ? that are in the market for Wyoming light oil produc- tion and acreage. No prop-; ositions too large for the’ to handle. J. C. ROBERTS Henning Hotel T-YOUR SUPPLY STORE BrRivcerortT ‘LOSE NO CUTTERS” ‘DISCOUNTS One of the rules of Natrona Power Com- pany, which rule is also an element to be con- sidered with reference to its electric rates, is that a discount of ten per cent will be al- lowed on all bills which are paid on or before ten days from the date of the bill. It is elemental that payment of a bill is the receipt of the money by the creditor. Depos- iting a letter with check enclosed in the United States postoffice is not payment of a bill. Before the bill is paid the check must be received and it must be a good check. If, however, a customer mails a check in pay- ment for his electric bill, and the post mark cancelling the stamp, bears a date within the ten days after the date of the bill, the dis- count is allowed, notwithstanding the letter bearing the check is received after the dis- count date. That is fair to the customer, is it not?. ENED Natrona Power Company