Casper Daily Tribune Newspaper, May 6, 1923, Page 10

PAGE TEN . ; Che Casper Sunday eporning Cribune SUNDAY, MAY 6, 1923. WYOMING’S LEADING OIL, BUSINESS AND FINANCIAL DEPARTMENT STOCK SEUMP HALTS SLIGHT INCREASE IN he New York Stocks W HE! \ SHOR | S CO \ ER Allied Chemical & Dye - NE \4 OIL PRODUCTION : 4 ‘ Allis Chalmers ----- = Z ar ee Er American Beet Sugar a (IT | ane E =47|e ; ° 4 American Can = i apie ° —— Many Issues Score, Partial Recovery After Big Set-] American car @ Foundry 2 Big, Indian aoa One Less Well Completed During April in State Fields fe : Seoul : . American Hide & Leather pfd_ 53 oston Wyoming we . Dom. of Can’, 6148 notes, 1920 ----__-______ hack During Five Days of Bear Market; American International Corp _ 26% | Back Creek But Initial Flow Is Higher; Montana Shows Heath ‘Repaniic ‘Bec. 99% 98% ’ > % | Burke : French Republic. 7% 95% 9444 3 C : 2 = : : 5 'renc! epublic, ) % Ya Bull Market to Continue, Some Say eed: ieoa Brnalting Rela ce aby | Blackstone Salt Gresik Big Increase in New Operations. Hingtoc er Belgien, 102” 10144 " ae C < 100% ae American Sugar ~ “TW | Gatemitie Rete « ree Sdoghocn (er snomreey ise 708% 198 NEW YORK, May 5.—Stock quotations scored further re- | American Sum: 7 ybox, | Consolidatea Roy New production during April in Wyoming as gauged by the initial flow|U. K. of G. B. and L.»5 4114 covery today from their recent heaviness with vering We = a7 | Capitol Pete _ of completed welis totalled 6.730 barrels dal!y from 24 well#. three of which|U. K. of G. B. and L., 6% 104% 104 ry a) bs 5 “nh covering Op-| American Tobacco 151% | Cow Gulch were dry, an increase of 40 Sbarrels over 25 completions in March, one of| American Sugar 6s 103 * (101% erations by bear traders largely responsible for the improve- | American Woolen 93% | Domino which was dry, with aggregate production of 6,315 barrels a day. The month, | American Tel. and Tel 114% 114% ment. Yesterday’s final figures were boosted one or two|Anaconda Copper however, failed to record an increase in drilling wells but cee derricks. are amacioan pel eanca 97% 978s i i i sti 34 speci ie: vthile li 7 Atchigon ......... —-— up for the beginning of new operation. In Montana the Kevin-Sunburst rmour an 0., Ms .. 85% pernis in atthe ti se and specialties, while little change was Atl, Gulf and West Indles field easily holds first interest and many new onerations are under way. Baltimore Bnd Ohio ev. 734 noted in raliroad share law! oS ‘. A summary for April of completions by fields, production and rigs up/|Canadian Pacific deb., 5s 18% The violent wh Among some of the more tmport-| > era 1s ig erae a Sr Kinney ané ating for Wyonilig’ afd‘ Montane follows Chicago, Burlington and Quincy ret. 98% ere ding: ¢ taps tes issues to sel! at the now ‘low| ha sucka: “ie a T = 5 geayt aeiniten ‘OL Wyoming— Com. Pro. R. U. Dri.|Chicago, Mil and St. Paul cv. 43 — 64 3 : aon ; eee " Bethlehem Steel, B 50% | I = : 5 ih le 5 5,900 . 67 76 |Goodyear Tire 8s, 1941 - 117 sendin : jevels for the year were United| a 12} Kinney G Seyi ‘27 (| Balt Creek 15 5,900 87 76 | Goods 0 ” 3 ; Pacift = 150% : 25 1 Grand Trunk of Can, 113% n" aie al s e: . St c Big Mudd 1 2 | Gram - y levels was r States and Bethlehem Steels Terentia 91% | Henge Creak Royalty N98), 04 Snes Oreeic ta cout 64 8 nd ‘Trunk Ry. of Can. 63 10444 beginning of « n* Locomotive, America Chandler. Motors _- ~) 88 Seg ee e On ooh mewrera Springs said Ut eereopolial abit 0 5 3|Great Northern ree 10844 held to the th » bull mar-| Standard Oll of New Jersey hesapedie and: Ohjo x, %I 303 est. Boldler! and Carbon: Hounty iis 0 1 |Great Northern 5 1-38 B 98% Ket had not been compteted and there | Ame an B, Cosden and Texas com‘! Chicago and St. Paul 7 iat Big Horn Basin 2 4 $| Mo. Kan. and Texas new afd, 5s A 52% ducted their attacks of the list with| Central, Lehigh Cond Connery = RMAs, Crock S| 0 |New York Central deb., Gs -—- 10234 feeming disregard utside new | Coast Line 1 ‘olorado Fuel, and Iron 06 Io 0 0 Northern Pacific pr. Men 4s 83% b seem! disregard outside st Line and Delaw nn Breiuche 128% 21) Meera algae 0 3 Oregon Short Line gtd., 6s ctfs 101% developments there were several fac-|na and Western te iy Fa aga 70% | Sunset i ‘og | Natrona county 0 3 | Gueeon ushoeLameeiees me cee aaah tors during the week that contributed! ‘The week was not without its regu: | pyc? © ~ 10% |'Tom Bell Royalty _ OL OPN Seale epee i is 1 Danitie: Gaes RAA TEM ectriO Bei 90% rN to bearish sentiment lar developments. Btatisties were | pr sous players Lasky Wentern Exploration. 8.60 3,80 | Baxter Basin 0 14 Penn. R. R. gen., 648 - 108 These including the reclining ten-| published showing that April pig iron Genesal Aunt alt Kans 65 85 |" “April total: 4 118 Penn R. R. gen., 58 - 99% RB deney of commodity prices with ad-|and Automobile production had ex ketal citectris tern Oll Fretas.. 80 abuts tt 5 112 3) Reading gen., 4s 85% S ditionat in such important pro-| ceeded all previous records, ral'road Aral ifotore Western States: /+ 122 Difference - 1 6 8|Sinclair On Co. 7s — 100 ducte as c oll gasoline, raw and|car loadings for the third week ot | ceneral, Motors ¥ on -. 08 10 Montana — 5 : | Standard Olt “of” Cal: deb. 7s 105% pretined sugar, copper, lead and zinc;| April surpass those of any previous | Goedrich Co. - NEW YORK CURB CLOSING |Cat Creok - a6. aa1Ur ca Hubber Tike 107 j the decraased demand for raw Week this year with an unprecedented | aneat North j | Mountain Producers -$ 1696 $ 16.87]Kevin, Sunburs “9 | 103|/U, §. Rubber ba -- 86% f finished nm Particularly In the| total of $0,140 cars of forest products | 7 unolm Ce Glenrgck Oil ---2--2 91 hae eon 35 |Utah Power and Light 6s 89 B whol tra nd in the French | and new high records for year !n load. intechadinosl | Harvester Salt Creek Prds. - 20.75 20. March to’ 28 55 | Western Union 6%s ---. 108% } rejection of the German reparatior 8 of general merchandise int eaee anne ra. 31% | Salt Creek Cons. ---. 10.12 10.37|. Ditterence 7 24 Westinghouse Electric 7 | Borie. ; | meeuslly favorable earnings state-|roternationa! Paper - MVrine Fes 6.00 New gas production for Wyoming Curing April totalled 2,500,000 cubic | Thousa upon _ thousande ments also were published. particu-| 11S cine Of of Mutual - 11.25 11.87] feet daily, not including the second big Ohio gasser which blew itself in at} shares of popular rallroad and in the automotive field. Re-| ioe goringticld Tivo. 8. O. Indiana 60.12 60.87 | Baxter Imsin and’ which !s not yet Nsted as a completion S dustrial stocks were thrown into discounts of the federal reserve sys-| 1c) ecett Copper Cities Service Com. — 160.00 .162,00 3 rarket by professional operators tem increased $93,700,000, Louisville and Nashville $9%5 | New “York O11 -2-tes) tuooy liiaian 5 | fe the decline, failur 18 market the highest total for ie ; 298h|N oth Oil 62.00 q exican Tletroleum 38B|Mammoth Oil -._--.- 2. 58.p0 | sbaorb c gs, except at|ratio of total reser Bee Mt : Os nm P concessions, touched off a riumber of| federal reserve Wabi National lead - ae LIBERT? sexs | stop-loss orders and resulted in e: pped from 77 to Miami cee Noi shld 8 - $101.18 OCR: % | Beh tocad ‘ugcislies oo “nash | PM ee ree, "2 pereat Ras Seas oa is “=| Behind the Wor arket investors and speculators, which ac-|lodns for all maturities beng ar.| Midvale Steel - {| Secona 97.38 | I celerated the downward tendency. |ranged at 6% percent sae Se First 4%4s 97.68 i a York Central 2\ second 4%s 97.57 —— “ N. ¥. N. H., and Hartford 1T% “wntra dies abe 5 | -G e H Cl f ole ana eyeRacn ee dork eee Ml Pedy K.—The Com-|dullness seems to be that the mills! Nobtinkn Wacitia ee: Sab itty ann: sabes are much better supplied with wool rams Heavy at Ulose o Northern Pacific -—----=--- 13 | Victory 4% gstie) Bulletin tba eave ie da ae nea Reece | " Pacific Ol) ~~. strangely behind the other markets) “London has shown a distinct and 1 eek Marked by D li Setiben eainege NS of the word, in spite of the fact that|steadi!y hardening tendency aince the| | z W 3 e ° re . Z heavy pace ing day gnd etrictly fine warp| yn 3 Pennsylvanis onsumption goes on at a opening day @n y fin D i ee mes Dasnieg Livestock at the mills. There ts a rather quiet/woo's have risen more or les stead! ty es : Pure Oil’ 2 demand for the finer qualities of/py. Competition fs general on all| - Consolidated Copper - combing wools and occasionally a call/descriptions at the sales. The for! Wiktlees Boing Bode With Guali Sans CHICAGO, May 5.—Tosay’a brief Plargs extent to be restricted momen 2 Chicago Price: for fine clothing types, but prices /etan primary markets are practically 2 Wisely Invested } gestion of the grain exchange wit-|tarily to speculators who were in a ; - - J stil! are below the parity of rates in! cicared of all wool. : > speculators who wer : Iron and Steel ~ CHICAGO, May 6.—(U. S. Depart ; 7 FREE triel eub- @nensed a continuation of the aevere | position to collect profite Daten Nhe 4S Iment of Agriculture.) —Cattle—Re-| London and decidedty behind the) «1 the west, Texas has been the| Mition 19 THE TEXAS INVESTOR. Seetback in prices witich featured trad Lake shipments of corn out of Chi Roebuck: = 83 ceipts, 500; compared with week ago:| Prices being paid fn the west. In sacs center of chief interest, 5 cents be- Fay ‘other journal like It. Oldest ing during tho week, wheat closing | cago, the first of the aenson, helped Con Oil 3 Beef steers of value to sell at $9.10@ | occasional sales eae soe See ing paid for 12 months choice wool, z tablished oll ee heavy 1 to 114¢ net tower for| to atve relative steadiness to the| southern Pacific 9.75; 10¢ to 15¢ lower; spots more;| have been made lately a estimated to cost, lald down Boston, ‘ of fe the day with July $1.1 to $1.17% | market for corn and cats. Southern Railway - lower grades together with strictly |!7 this market. clean basis, about $1.50. and September $1.15%5 “The explanation of the Boston Mingivings asso Provisions were weakened tn value] Standarc Oi! of —————| “Mohair is slow here, choice kinds about stead By Actual Oil Operator of top ma- though some , ° i ~ ted with a down | because of the liberal quantity of | studebaker Corporation tured steers and yearlings, $10.25 hair is moving in the country. Many Years’ Experience } ward slide of prices on the stock ex-|1ard and meats on hand in. ware naniea’ Copper: better grades beef cows, 25c lower; | bulk 199 to 240 pound butchers to! ‘phe Commercial Bulletin wil pub Bhews how to save money on, olt Bchango wero largely responsible for} houses. For April, the western. stock |feres Co, other grades and classes, she stock.| shippers, 7.40@7.50; extreme top one |tish wool quotatiqns as follows: ede pee thedate sittaantion no ins gthe grain decline during the week,|of cut meats showed the largest gain Texas and Pacific - about steady; bulls, 1ic to 25¢ lower;| load, $7.65; bulk 225 to 325 pound) “Domestic Wisconsin, half blood, 50 Yestor should be without. = the close amounting to several cents.fin 15 years. Tot > Products - veal calves. largely 50c higher: stock: | butchers to packers, $7.25@7.35; pack- | @5oe: x: blood, 55@56¢; quarter. blood, Sas Also, Get Highly Interesting Tllue, = Maneuvers on the part of the nu Transcontinental Oil ers and feeders, uneven, mostly 25c] ing grades, 5@10c higher; bulk #0WS, | 59 ¢@5ic. trated Book, Just Off The Pres = merous tradere who wished to avold Z to 40c up; week's bulk prices follow: | 6.25@6.35; stags, $5.26. | Scoured basis: Texas fine, 12 months “ STORIES OF BIG se Pacific -- 2 S | s s: ; LITTLE lacoepting delivery of wheat on May | 2027 be ates hacia hana Petite Soh ste and yearlings, $8.25@| Cattle—Recelpts, 200; compared /s; 4541.50; fine elght months, $1.30 Py SUCCESSES” Hieontracts had rendered the wh x Tid “AicoHol\ ; stockers and feeders, $7.00@8.00;|with week ago; Beef steers and she) @1 35, eo oe ects aS + = market sensitive to any unusual bear- ; rst and heifers, stock, steady; bulls strong to 25¢}” Gatifornia: Northern, $1.45@1.48; ineiae ory how many, wel United States Rubber - known ofl men made quick fortunes “ish influence, and the bull side was Titan Ets teal c canners and cutters, $3.35@4.50; veal | higher; veals, 25@50c higher; stock-laraqre county, $1.30@182; Southern, further handicapped by the fact that @ leading authority had issued a statement incicating the winter crop this year would total 576.000,000 Sbushels, whereas previous figures| from other experts had put the amount at 645,000,000 (bushe's. It Was at this juncture that breaks in the stock market began to shake con- Befidence on the part of the wheat me bulls. without sar mailed promptly {fh Touueet, without cost or pence Cc. C. CANNAN, Publisher, 563 Macon Bidg., Howetoa, Texas Established 1916 , \ $8.50@9.25. ers and feeders, unchanged; bulks fol-} 91 39@1.15. % Electric Receipts, 200; market for | toy Beef steers, $8.00@9.00; top, age Anca ie eae t wooled lambs, 25c to 60c] $9.50; cows and heifer: $5.15 07 50; Dba esha higher; week's top, $15.35; clipped A tcttare, aebs@aee: 2 3 &B [eer Ps ppedjcanners and c' Arearionn | ira oe 7%, | lambs, 50c to 75c higher; extreme top, | bologna bulls, $4.50@4.75; top veals, WA N Butte and Superior --- 4 | $13.10; next best, $12.85; few under | $11.00; stockers and feeders, $7.35@ es UNDERREAMERS Utah Copper 7% | week Cata Petroleum --- $12.00; sheep supply limited; handy | 7.85; top, $8.50, Montana Power weights steac © higher; weighty | Sheep—Receipts, none; compared Shattuck Arizona kinds dragsy; bulks follow: Fat} with week ago: Wooled and spring Chicago and Northwestern - wooled lambs, $15.00@15.25; clipped | jamb 25@50c higher; fed clipped Maxwell Motors B - lambs, $12.50@12 not enough|lambs, 75c@$1.00 higher; sheep. Great Northern Ore Z sheep and yearlings to warrant bulk | steady; shearing lambs, 50@75c Improvement of crop conditions American Linseed Ot = quotations; beginning Monday, May| higher; closing bulks as follows west and southwest counted a Cosden = 7, quotations for Chicago will be|Wooled lambs, $14.50@14.75; top, = further bearish influence as to wheat rn: given on shorn basis. $14.90; California spring lambs, $14.75 Band so too did rejection of German Hogs—Receipts, 11,000; steady to] @15.25; best native springers, $15.50; aT YOUR SUPE SIORE debt settlement proposals, Opposite} x failures such as freezing tempera-| Cash turer in parts of the apring crop belt! CHICAGO, May 5.—Wheat number nd lack of adequate moisture in| 2 red $1.31%; number 2 hard $1.19%. 10e higher; Ughtweight up most; top,| fed clipped lambs, —$12.50@12.85; $8.30; bulk 160 to 225 pound aver:| week's top, $13.00; wooled ewes, $8.50 ages, $8.15@8.25; 240 to 340 pound] @9.25; fed clipped ewes. $7.40@8.00; OSE NO CUTTERS butchers, $7.80@8.10; packing sows,| shearing lambs, $14.50@14.75. 5 . CEO e carrie erurer y Ohio, Ind nd 1 led to} Corn number 2 mixed 82@83c; num- mostly $6.50@6.75; desirable 110 to — cet much t the renewal of) b yellow P83%c. Oats number | 4121, _ 116% 130 pound pigs, $6. 50; estimated Denver Prices. 3 Ee stock market weakness proving of 4; number 3 wht! D | eee earare 87 holdover, 2,500; heavyweight hogs,| DENVER, Colo., May 6.—Cattle— BNVESTED IN STOCK OF THE ee absorbir a ea the » number 2, 81%c. Barley! ~ortinental — 40% 41 $7.50@8.10; medium, $7.85@8.25; ght, | Receipt: market steady; beef Surveying aud Locations feetime being. Tr with flour trade re Timothy seed $5@6.50. Clo-} on oe 112 113 | $7.80@8.30; light light, $7.00@8.16;| steers, $7.00@9.00; cows and heifers, Geologists Oil Experts e Metered slow, : dara whéat near| ver seed $12@17. Pork nominal. Lard 108 110 | packing sows, smooth, $6.65@7.10;| $4.60@8.60; calves, $4.50@13.50; stock: || a0 0! 1 BI Pai, urns velo ment eye ithe oe seamed. to ali0.87 Ribe $8.6209.62. 165 167. | packing sows, rough, $6.00@6.75; Kill:| org and feeders, $6.50@7.75. il Field Map jue Prints : ‘ 97 98 | ing pigs, $6.00@7.50. Hogs—Recelpts, 94; market stead; WYOMING MAP AND ¢ p f 25% top, $7.55; bulk, $7.35@7.50. BLUE PRINT CO. Omaha Quotations. Sheep—Receipts, 3,884; market OMAHA, Neb., May 5.—(U. 8. De-| steady to strong; lambs, $13,00@14.75; P. O. Box 325 ' Company i "ANNA BELL WYOMIN g | or RIS patrment of Agriculture.}—Hogs—Re- ‘feeder jambs, $13.00@14.25; ewes, Room 10, Daly Bldg. ' ‘ = as 2 < 4 o tS nd ; ceipts, 7,000; mostly 6@10c higher; $7.00@9. Will go farther than $50 in 95 per.cent of the of] com- z | O RESUME DRILLING Prairle Pipe y eH panies organized, rs d ‘ i Solar Ref. -. — 190 b= ee Sou. Pipe - = 109 * 3. O. Kan -. - 4 : ° ° : oO. K 91% 92% = Important Test in Pickett Lake Region Due for Com-| an 240 ’ Ps °. pletion in Short Time; Company Will Also - « This company is offsetting eight of the best producing Drill Lost Soldier Holdings wells of the Wyatt Oil & Refining Company in the Brenning Basin adjoining the lease line. , These wells came in with an initial flow of as high as 100 barrels and settled to from 6 to 10 barrels of high grade green paraffin base oil per day. These wells come in at from 240 to 366 feet. t of the by reason of mpans is in exe the Picke ARE YOU FROM MISSOURI? It makes no difference, we'll show you anyway._ Cars conservative manage lent position to real a strike in case its lands prove ve. Tho officials, particular Crude Market sident, hold the confidence of [ay one eeenicenl ROMA emer sn os Oil has been found in the Embar and Tensleep sands Sipe and efficent management In | Trea leave our office daily for Salt Creek and Pine Mountain. and a deep test to the Amsden will be drilled on this lease. s of their yenture will soon be | Lance Creek Telephone Evans Oil Corporation, 1944-R, Room 7 Zut- ; and : a As soon as mvebeon Teaches 150 barrels or more ft at to. ope : Onna Gree . s1 4. . . per day, one-third o. @ proceeds from the sale of ng. Recent reports ie | rorenligne termeister Building, and we will show you our properties. this oil will be placed in a dividend fund and the stock : iat i alteved | (Pere e rrnr Jk Basin « ; placed on a monthly dividend basis, one-third will : 1 soon be pos Silver Greybull Be aad for new gevelopmant work and the remain- t to s | Sunburst ~ x * sys s er ina d. i | Rock Cree We have the biggest proposition ever offered in Casper. This'is our kind oe ‘Gold Bond. : work consic expe EW YORK, May 5.—Foreign bar | F Mudd er, 67%c; Mexican dollars, 61%c, | Hamilton Mule Creek — This policy will be maintained until th ti of 640 acres is developed. f gira. igase MAKE US PROVE IT. | ° The There is now a pipe line to the field with rail and re- aw * is SO areca anon a market for production r Officials Sugar Ss WAN as Tast as developed. | 8 es of - rl tock Casi | Soe SDR ee may UNDERREAMERS tion, Proposition merits your most thorough investiga- workers * steady; apy i » _ EVANS OIL CORPORATION 5 any Also Recired cor ce a. Julx. 606 Burns Oil & Development Co ate 19 oft ¢ 8 $4 March, $4.62 . . ee lease on | at Sead fa Suite 7, Zuttermeister Bldg. Phone 1944-R Geo. C. Davis, Pres. i Kelly, Vice bead , et SOS Pie, ; a A . ; W. A. Burns, Secy.-Treas, AT YOUR SUPPLY STORE Casper, Wyoming P. O. Box 1495—After May 15, Moose Hall BrRivcerort The Uaiyadiuistademany| metas uae THE PIPE FOLLOWS = ~ Tribune Wantads Bring Results