Casper Daily Tribune Newspaper, April 20, 1923, Page 13

FRIDAY, APRIL 20, 1923. Che Casper Daily Cribune - Bonds -: New York Stocks Oil -:- Finance - P.& R. CORPORATION DRILLS IN NEW WELL No Test Made of Producers Uncorked on Section 18, But Average Output Is Expected; Bodie Dome Test Preparations Made Oil Securities (By Wilson. Cranmer & Company) STOGKG SUFFER SETBACK TODAY Allied Chemical & Dye Allis Chalmers { American LOCAL OIL STOCKS 96% | Bessemer Bis Indian 3oston Wyomii | Buck Creel Beet Sugar Hide & Leather pfa — International Corp — Locomotive Smelting and Refg. - Plentiful | Supply; Downward Trend Is General. | Black Stone Salt Greek Sumatra Tobacco Tyran. lie Consolidated Producers & Refiners corporation*has completed No. 1 on section 18-40-78 in the Salt Creek field at 2,728 feet but the well has not yet been tested. ready to drill in. The tank has been completed and the carpenters have started to run the derrick on the Bodie Dome test well on section 33-31-80. 20 miles southwest of Casper in the Bates Hole country. The company’s operation on Thorn- ton dome in northeastern Wyoming stand'’ng and drilling is ex pected to be resumed shortly. two tests In the Baxter Easin field, started last fall, are waiting for bet- ter weather No. 2 on section 6-40-78 is) Atl, Gulf and West Indies — Baldwin Locomotive 3altimore and Ohi | Bethiehem Steel “ Canad'an Pacific Central Leather Chandler Motors Chesapeak and Ohlo -------— Chicago, Mil and St Chicago, R. I. and Pac. Salt Creek. No, 2 sec. 14-26-89; standing cement- ed at 520 feet. Lost Soldier. standing still waiting for drilling crew, running tub Mountain & Gulf »ximated 900,000 shares. Mike Henry aye 20.—The open. No. 4, sec, 11-26-89; drilling at 470 Colorado Fue! and Iron -. Corn Products -. Crucible Steel Enos Creek No. 1 sec. 26-46-100; set the 8% In. ing and drilling at 2600 feet. The status of the other operations Royalty & Producers — on wells now drilling is as follows. lehem Steel ope Gasoline Prices Reduced In Three Eastern States NEW YORK, Standard Oil company of New Jersey tank wagon cent a gallon Jersey, Maryland, West Virginia, and the District of Columbia. Tho Texas company met the cut by announcing a similar reduction and eastern refining com- panies are expected to follow sult. In a statement announcing the cut, the Standard Oil company stated that it was made possible by the large in- crease in the production of California the output amounting to Marine Well Flowing By | Heads on Being Drilled In’ The Marine O!l company’s Taylor in the Salt is being drilled in and the hole is being cleaned out. well 1s reported flowing by heads but no estimate has been made of the production. * Taylor No, 2 on the same section is drilling at 2,145 feet with 1,882 feet of 8%-inch casing set. drilling at 1,300 feet. The pipe line connecting the stor- Market Gossip and Briefs On Operations in Oil Fields) Western Sta: Genera! Motors tes {Great Northern pfé - NEW YORK CURB CLOSI tion Copper I.-nternational Harvester -. Int. Mer Marine pfd - | International Paper ly Springfield Tire - It Creek Cons. more than 700,000 barrels a day. This Marine new urplus above market requirement with a consequent drop has created a s of a point reduced the gasoline one of its ownership of a{ number of pany stated it has been able to moye California crude oll by water to the Panama Canal to {ts refineries on the Atlantic seaboard and so tal opportunity Petroleum -. “Middle States Oll --. gu; | First 4 -. 4 and French francs , N. H., and Hartford and Western cheaper crude. Kerosene also has been cut by the Standard O11 company of New Jersey % cent a gallon in the same territory ed with the di commerce's Fourth 4%s Victory 4%s Oklahoma Prod and Re! eeesennn et during the morning with rican Petroleu' points were Crude Market Ray Consolidated Copper Rock Creek Tron and Steel -. Royal Dutch N. Y. oars Roebuck -. inclatr Con Oil | Southern Pacific | Southern Ratlway Standard Oil of N. J. | Studebaker pped to new low fig age tanks on section Midwest Refining company’s gather- ing lines has been completed and the botler and pump house set up for pumping the ofl gathered on this its loss to four points Cuba Cane and Columbia to 3% points below yesta day’@. final quotatio: 33% | Big Muddy -. Creek field, 38%2 | Muie Creek Corporation | Grass Creek 48% | Terchilght On the Marine lease, section 17-29- 78, locations have been made for two wells to be known as Marine 4 and) These are offset wells to the Mam- moth on section 21 and the Fensland lTexas and Pacific Tcbacco Products nscontinental 0} Call money Reading, Corn Western Mary, and the Am- failed to hat I United Retail Stores U. S. Ind. Alcohol United States Rubber United States Steel -. United States Steel -. Utah Copper Westinghouse Electric -. Livestock in plentiful Studebaker, Warner and the domestic Chicago Prices. CHICAGO, April 20.—(U, S. Depart: Agriculture.) — Hogs—Re ceipts, 20,000; fairly act! to shippers; around 10c higher than | American Zine, Lead and Sm. Butte and Superior = | Cala Petroleum Montana Power ve on lights ‘The closing was w The selling and Ol Lease Development will drill Oil Lease Development. | on its lease to that Oll Lease Development's well No. 1 northeast of Graham, Young county, Texas, after a shot is making 100 barrels of 43 gravity oil On an adjacent lease the Texas company has completed a 3,000-barreler to a sand at 4,100 feet, CRIMINAL PROSECUTIONS HELD POSSIBLE IN FIGHT MADE BY | U. S. OR SUGAR SPECULATORS second well big packers, bearish; bulk 160 Rubenkoenig, to four per cent Southern States deepening five of Hewitt field, thereby increasing each / well’s production by more barrels daily, has finished | Consolidated Gas - | Great Northern Ore American Li at 8,670 feet. heavyweight Mack Truck were the outstanding weak spots. ‘SD INDICTED BY JURY IN TEX (Continued from Page One.) or a total over 600 light light, 17.00@8.30; packing sows , $6.50@6.85; killing pigs, $6.50 beef steers. Standard Oil Stocks LL | $8.40@9.50; <umberland down; most bologna bulls, $5.10@ Sheep—Receipts | steady; top, $14.60; bu WASHINGTON, April 20.—Whether criminal prosecu. tions by the federal government will follow its injunction suit filed in New York yesterday to protect the public against the speculative boosting of sugar prices rests on the decision of ttorney General Daugherty. $14.00@14.60 $10.75@11.50 Nor. Pipe - the Petroleum clippers sorted out at scarce, around steady about 3,700 direct Prairie Oil Stepgens, writer of literature for the same is now at Asheville, N. C., was Invoking the anti-trust laws, the it was said probably | would take still another lne of attack in connection with its civil suits. is proposed to ask the court for an order to prevent settlements in specu-| trades between customers since sald, thus striking at the profits ofS. 0. Ind. speculators. BRITISH KILL DRY MEASURE LONDON, April 20.—(By The As. sociated Press)—For the first time in house of commons today debated a liquor prohibition bill the expiration ments on it killed the measure by re- Jecting its second reading 236 to 14. that recently duced by Edwin Scrymgeour of Dun dee, who has devoted his life to the cause of proh'bit'o: The attorney general, who have under said officially Omaha Quotations. MeKercher, Henniger, connected government, consideration a federal grand jury in New York for criminal indictments, Department receipts 11,000; | yesterday's under the con- spiracy provisions of the Sherman anti-trust law, of defendants named 10c lower than bulk packing ; otags $5.50; butchers $7.50 @$7.60; top $7.60. Meissner, res: rty accountant of the brokers. and| Vacuum - in the injunction suit to prevent fu- ture or speculative trading on the New York sugar exchange. It is unprecedented attempt to stop speculation on a commodity exchange beef steers, stock and bulls steady to strong: |top fed steers $9.26; bulk stock $5.25 @$7.50; | bolognas $4.25@$4.50; veals 50c stockers and fe: steady; top 14.20; clipped and spr Hirengen Home Is Saddened by Death Hog Creek Carruth compan; Hatcher, attorney and property accountant for the Texas-Mexia drill Bernard M. Hatfield, sole trustee of FINED $25 FOR SLAPPING SISTER AFTER ARGUMENT 3 of affection between brother and sister was demonstrated in police court last night when Jack Palmer was arraigned before Judge Murray on the charge of assaulting his sister Mrs. Pearl Dean. Sheep receipts 4,500; woo'ed lambs top 14.20; clipped and spring lambs mostly 1¢ higher; bu'k el'pr home, | tambs $10.50@$11.40; best Callfornia 1329 South Melrose, yesterday after-| soringera $14.40; sheep 1s now at the Shat- | fer Gay chapel. The funeral will be held from the Presbyterian tabernacle Sunday afternoon at Wilson will charge of the services, SWAN UNDERREAMERS Vernon M. year-old son of Mr. and Mrs. at the family ere Oll company. White of the Louts' ase syndicate, connected with The antithe: its history. Denver Prices, bury company. | $4.50 @ 8.00; ckers and feeders $6.50@$8.00. Hogs rece!pts 500; market 10 lower: top $7.65; bulk $7.40@$7.60; pigs $6.0¢ with the Spoontz James Bail and mnected with the court, Mrs. Dean had como to Casper about a month Mrs. Palmer, realizing that her brother was in’Cas For three weeks she stayed at the Palmer home, and matters grew worse between the rivai factions, Palmer alleged that Mrs, do no work about house, that she would not discipline children, and Jected if someone else tried to do so, that a great deal of pro had finally been excanged as-Mexia drill to visit with General Robert A. Lee. steady to 10 lower; Lang, Max Hersch and W: connected with thi velopment intere Metals wes $6.00@$8.50. ——————_._ —. EW YORK, electrolytic, Tin easier; spot and nearb Iron steady; 20.—Copper, that she ob- spot and futur AT. YOURSUPPLY STORE Briveerort futures 446: spot and nearby Ming to the ins; PAGE THIRTEEN. WHEAT PRICED WEAKEN AGAIN V Dom. of Ce Buying Lacks Volume and/|#rench Decline Sets in at Close of Trading. Kir CHICAGO, April 20.—Raina {n Okla ma, Kansas and Missouri! led neral selling and to p turny Jn the wheat market today d ing the earl: ings. Howev predictions of ng temperatu western Kansas and western Ne braska, te: d later to bring about foe down rallies, Firmness in quotations at Liverpool counted also as a strength. ening influence. Theopening, which varied trom un changed figures to 10 lower; with May $1.25% to $1.26, and July $1.2 was followed by a setback und and then by moderate day, and prices he close w 4o net lower, wit $1.24% and J and oats were eas: After opening unch May 79%%c to et recovered some Government reports ind re of corn and ¢ ntly to weaken th her. The cl as to 1% net lower; May 78% Oats started %c to %e down, to 45%c and later showed a) « of decreased exports had a bearish effect on provisions. Wheat— Open High Low May 1.25% 1.26% 1.24% July 1.2 Sept. Corn— Cash Grains, CHICAGO, April 20.—Wheat—No. 1 hard, $1.26%@1.27; No. 1 dark Northern, $1.35. Corn—N 2 mtxed, 80%@81 No. 2 yellow, 81% @82%c. Onts—No, 2 white, 46% @47%o; No. 3 white, 46% @470. Ryo—No, 2, 86%c. Barley—61@74c. Timothy seed—$5.00@6.50. Clover seed—$12.50@17.50. Pork—Nominal. Lard—$11.12. Ribs—$9.25@10.25. —__. — Sugar NEW YORK, April 20.—Sugar tu tures closed steady; approximate es, 23,000 tons. May, $5.01; July, September, $6 December, $ Business in refined sugar was still Nght but prices were unchanged at $9.60 for fine granulated. paste St | Money NEW YORK, April 20.—Call money easier; high, 4%; low, 4; ruling ra 4%; closing bid, 4; offered at 4/4; Inst loan, 4; call loans aganist acceptanc me loans, steady; mi 60-90 days, 6%@5%4; 6%@5%; prime com rv, 5@O% IIROSEVE PASS STILL BOOKED WITH SHO WL BE OPE MA MOPOLIS, WYO., April 20.— four miles south of blocked with of 16 onty way for automobiles is to ship from rmopolis to Bannevillo at a cost to $30, ermopolis Chamber of Commerce ms# and men last week and with a-view of open nds it imporsible TH polis, 1s stil sent te again tt , do #0. Automobile travel over the iss will not be possible hefcre May . It may be as late as May 15 before ars can get through. polls Chamber of Commerce wi send notice to the press as soon is the pass Is possible for travel. bine Scrap rubber, spread on tn liquid form, is used for road-surface dress. ing in Ceylon. ATOR THE.PIPE FOLLOWS French Kingdom of Bel of Norway, FRR RS Westinghouse Blectr: Foreign Exchange Butter and Eggs CHICAGO, Apri! 20—Butter lower; tras 42%; standards 42%; 41@41%; Orsts 40@40%; 20.—Forelgn cents: Great Britain. extra firsts, Mrance, demand, 6.64%4; cable ordinary firsts24%@ cables, tras, 28%; storage pack firsts Potatoes 20. — Potatoes sacked round whites, 5@1.35 cwt,; WW YORK, April 20.—Cotton spot PIPE WRENCHES Double Acting Jaws Non Slip Adj Will Not Grash Pipe Note Frame Construction Guaranteed un- breakable under any strain or side pull— Jaws cannot get out of Use a Larco on your next job—and get a new kind of wrench satisfaction. Pipe wrench sizes—S’", 10", 14°, 18", 24° Your supyly bh. LARCO WRENCH & MFG. CORPORATION CHICAGO, ILLINOIS NOTICE TO STOCKHOLDERS OF THE AMERICAN GUAR- ANTEE COMPANY, DENVER, COLORADO You are hereby notified that all claims against the company must be in our office on or before April 26, Send your claims to 857 West A Stre per, Wyoming. ANDREW GUTHRIE ASK THE WAITER To Serve You: