Casper Daily Tribune Newspaper, May 17, 1923, Page 9

“ THURSDAY, MAY 17, 1923. Oil -:- Finance -:- Bonds -:- Stocks - OIL TEST PROJECTED INSIDE TOWN LIMITS Thermopolis to Be Scene of Interesting Wildcat Proj- ect Announcd by H. Line Between Oil Domes THERMOPOLIS, Wyo., May 17.—H. D. Curtis, one of the substantial independent oil operators of this part of the coun- try, moved in a rig this week tion to Thermopolis. This plan has been in time. Mr. of town but the exact location of the proposed well has not been made known. Mr. Curtis, in common with many other ofl men, has been inclined to the béllef that there ts an ofl pool underlying ‘Thermopolis, and he has siow determined to test it out thorogh- ly, He began not long ago quietl'y picking up leases, and the first thing the general public knew that such a plan was under consideration was! when the rig material began to be un-| loaded. ‘The preparations for drill- ing have caused quite a filurry of ex- citement in town, for, there were many who have maintained that the prospect is excelient for striking oll in the valley where Themopolis is be started has already had a stimu- situated. The fact that drilling is to lating effect on conditions locally. It fs noted that this site is within a prover oll belt, lying in almost a di- rect ine between Hamilton Dome and| Warm Springs, We understood that the well will| he spudded tn as soon as the material | Js all at hand ond the rig set up. ‘This! wildcat trial is creating more inter- est than anything that has happened locally in the oll game far a lang) time. Gas at Enos Creek : process of working out for some Curtis has secured many American Atchison -__._____ Baldwin Locomotive Baltimore and Ohio Bethlehes§ Steel Canatian Pacific _ leases in the south part 4,000,000 to 6,000,000 cubic feet. This gas sand was struck at 2.640 feet and the 500 or 600 feet of water in the hole was blown above the top of the derrick. Work was suspended to permit the engine and boiler to be moved back out of the way of the gas. It is not anticipated that there will be any trouble in controlling the flow. It is expected that the ofl sands wil be |Corn Products encountered !n the neighborhood of |Cructble Steel 50 feet below the big gas vein. The|Erie striking of gas is not an unfavorable {Famous Chandler Motors Chesapeake and Ohio Chino Cop.-per .. guine as ever that a big pool will be|/General Electric tapped in this first well at Enos|General Motors - Creek. Goodrich Co. Arkansas Natural Gas Co, ‘The Ariansas Natural Gas company |4inold Central — and {ts associate concerns, the Colum: |Ispiration Copper bus Ol! company and the Phebus Oj] ;Jnternational Harvester company, are actively at work on their|Int. Mer. Marine pfd. fields, Invincible Oil asquired what are known are the Ford | Kennecott Copper -—. drilling there. sist of deepening wells already drilied| National Lead -—-. which have not been large producers.|Miami Copper ~-— is now down 1,601 feet. Midvale Steel ------—. The Phebus company, drilling at|Missourl Pacific --—. Beet Sugar ——___ Ath. Gulf and West Indies 1 Chicago, Mil and St, Paul —-- Chicago, R. I. and Pac, ——. Colorado Fueland Iron ~---- sign and close observers are as san-/General Asphait --.-------_ Great Northern pfd. -—~.----. hildings in the Hot Springs county|International Paper ----—--—- Tho Columbus company, which has|Kelly Springfield Tire --—.. claims at Grass Creek, has started|Lousiville and Nashville Work there will con-|Mexican Petroleum -----~. ‘The well that ts to be deepened first|Middie States Oil -—-—------ Hamilton Dome, is underreaming at|New York Central ~---—-—-—--- | New York Stocks Allied Chemical & Dye —___ Alls Chalmers 4 \American Can ~... 93% eons gt American Car & Foundry ——. 169% nS, indian —————— 30 D. Cut American Hide & Leather pt@— 51 | foci cee ce . Curtis; Land on American International Corp -254B| nurke EK American Locomotive -.__ 13 lackstone Galt Greek American Smelting & Refs. — 55% \cnarra ot pr pret ae fo sare oat T4z2 | Columbine — ERE Phe f | Sees acco — 26% Consolidated Royalty — 1.37 epwad American Tobacco ..-------.. 146% pouting tad or drilling in th |. |American Woolen o1 | iz e Brydon addi. faTaeandas Gorber N44 48 | Gates 204 64 (Kinney —- -20 162% | Jupiter ~____ 00% - 80% | Kinney Coasta) 26 ~--—---——- 63 _|Lance Creek Royalty .02 64B/ Lusk Royalty OL 29% | Mike Henry ~~... .0! 29% Mountain & Guit 144 23° |New “York Ol 1.48 29 |Outwest _-_. ______.00% 130% |Reé Bank —— a 67% | Picardy -___ The Producers & Reftners encoun-| 1,950 fect in a structure that accord-|N. ¥.. N. H. and Hartford ---- F tered a/strong flow of yas at’ Enos! ing to all geological reasoning ought |Norfolk and Western -..---.--107%B Creek, the flow through an eight-| inch pipe being estimated at from Important Completion in Pine Mountain Is Delayed Owing to fallure of the cement to circulate, caused by the use of too light a pump, it has become neces- sary to re-cement the well of the Alaska Development .company on sec- tion 95-35-84, in the P.ne* Mountain field which was dritled to the Ten- sleep at 2,20 feet some time ago and this job will probably be done today under supervision of the Bureau of Rock Springs to Have Gas Supply Within Few Months' ROCK SPRINGS, Wyo., May 16.— From indications the people of Rock Springs will enjoy the comforts of natural gas next winter, The Pro- ducers and Refiners company haye so far this week received 12 carloads of six-inch main ling pipe and it is reported ‘that they have more than thirty car loads more en route to Rock Springs. As the Producers and) Refiners company has a franchise for) the delivery of gas in Rock Springs, the report that the city is to have gas seems to be well taken, With the arrival of this first shipment of gas line pipe also comes the report that work on the line will be started with- in very short time and the main Une from the field into the city will be completed before the middle of the Crude Oil Stocks Get Big Boost During April, Report NEW YORK, May 17.—Pipe line and tank farm gross domestic crude @il stocks east of the Rocky Moun-| tains increased 7,250,000 barrels in the month of April according to re- turns compiled by the American Petroleum Institute. The daTy average gross crude o!l production of the United States de- creased 24,800 barrels for the week ended May 12, totalling 1,963,000 barr The datly average production east) to be rich In oil. They are prepared |Northern Pacific to go 2,800 feet if necessary. Pacific Ol) Pennsylvania. People’s Gas Producers and Refiners Pure Oil Reading Rep. Iron an Pan American ePtroleum -. Ray Consolidated Copper ------ Oklahoma f?rod. and Ref. ------ -- Me 128% he Casper Daily Critune Oil Securities (By Wilson. Cranmer & Company) ity LOOAL OIL STOCKS o--o---= 20 | Royalty & Producers Sunset —_ Tom Bell Ro; a7 | Western Exploration ~ aeeg | We Ran 15 oi, | Western Ofl Fretas__. 80 —- 32%) Western States 21 109% | ¥ Ol —---------——--- 0810 et gg NEW YORK CURB CLOSING | =--—- 83% Mountain Producers -$ 15.25 $ 15.50 32 Glenrock Oil --. 85 88 41% |Sait Creek Yrds. 19.75 | aeceese-------- 14. |Salt Creek Con: 10.00 49% Marine 5.00 ----- 36% Mutual 11.25 70% 8. 0. 59.12 ~ 220B Citfes Service Com. 162.00 117% New York OM - 14.09 ————--- 26% |Mammoth Ol! 56.00 tl LIBERT? sews {$e sa g01,00 14K —- 97.25 41, \Second 4s — 97.38 First 434¢° 91.38 Second 4%s — Sy OT) mor AM lonira 4a ee SO |rourth 4% --—------------— 97.65 SpieaeCn ee | tom | Victory, 48a 100.08 | Livestock =~ Royal Dutch, N. Y. ---------—-- 49% Chicage Prices. Sears Roebuck - ---- 793) CHICAGO, May 17.—(U. 8. Depart: Mines when « high pressure line|sinclair Con Olt 30% | ment. of Agriculture.) — Hogs—Re- Bemp wou be used. Southern Pacific $24 | ceipte, 26,000; slow, mostly Be (te 00 Considerable interest is attached to|Southern Railway - lower; top, $7.95; bulk 160 the outcome of this well as a success-| Standard Oil of N. J. ~ bss pound averages, 97.85@7.90; 2650 to ful completion will bring a new field | Studebaker Corporation it 326 pound butchers, $7.50@7.80; pack- to production 1» the deep sand and |Tennessee Copper 4---———--~——~ 153% | NE wows, $6.35@6.76; desirable 110 as there 1s at, present consiCerable ofl | Te*8S CO. =----—-— W7y345' | to 180 pound pigs, $6.5007.25; heavy and gas in evidence, it 1s expected | Texas and Pacific -. 2% Bi welght hogs, $7.30@7.85; medium, that a good producer will result when |T0bacco Products -- -— 40% | $7.65@7.95; light, $7.60@7.95; ght it is drilled in, Transcontinental O!1 856 | light, $6.85@7.85; packing sows, = ~ Union Wncific ~------—-------- 184% | smooth, $6.50@7.00; packing sows, Unitec, Retai! Stores ---------- 76% rough, $6.00@6.60; killing pigs, $6.00 U. 8. Ind. Alcohol ----------- 56% @7.50. United States Rubber --------- 52%! Cattle— Receipts, 10,000; active; Utah Copper Butte and Superior Cala Petroleum -. summer. It is understood that the Montany Power -. Producers and Refiners company will| Shattuck Arizon! have completed its well in section 13- 17-104 before the above stated time Marwo!l Motors B and that the supply for this city will|Consolidated Gas be from that. source. Gres The coming in of the big gasser|American Linseed Oll two weeks ago seems to have chang-|Cosden ed the developments of the Baxter basin field as an oil proposition for a time and the big companies in the field seem to be using their efforts to finé a market for the enormous gas production, It 1s admitted that thig condition 1s but temporary and available js taken care of, wells will be sunk to a !ower Cepth for the oil that it seems certain will reward those who drill ihto the third and fourth sands. Anglo - Buckeye Continental Jumberland Galena Illinois Indiana Nat. Prairie Ot! = Prairie Pipe - - Solar Ref. -----—------ Sou. Pipe ------------ 8. 0. Kan ----—------- Oklahoma-Kansas showed a daily|s, O. Ky = average gress production of 861,950|8. O. Neb. atid barrels, Texas an increase of 7700,|8. 0. N. ¥. --—------ north Louisiana a decrease of 3,900,|/8. 0. Ohio - and Arkansas an increase of 950. Vacuum ----—. - Midcontinent crude was reduced ten cents @ barrel and Pennsylvania districts wera reduced 25 cents «, barrel, Gulf Coast remained unchanged at $1.75. The {mports of Petroleum (crude fountains was 1,268,-| and refined oils) for the week ended|ost Creok -. So earls at decrease of 9,800.; May 12, totaled 1,449,000 barrels, |rance Creek California ‘production was 695,000| compared with 1,895,000 barrels, for|Ounge .-.. ----------— barrels, a decrease of 15,00 the week ended dae Che Torchlight ~-----. . . Elk Basin Market Gossip and Briefs rx: On Operations in Oil Fields Roxana Buys Company LIMA, Ohio, May 17.—Property of the Lilly White Oil company of this city passed into the hands of the Roxana Petro‘eum company of St Louls, Mo, Tho price was $568,000. The Roxana officia's announced they would build a $300,000 lubricating oll plant here and make ,Iima head- quarters for their Ohio fields, Ex-governor Vindicated NEW YORK, May 17.—John Burke, former governor of North Dakota, and former treasurer of the United) States, was absolved frem all re sponsibility for the failure of the stock brokerage firm of Kardos and Burke, of which he was a partner, in a statement issued by David W. Kahn, counsel for the trustee in bankruptcy of the company. Anaconda Re-clects sent out to Separation fl. Westinghouse Electric -------- 54% Willys Overland -~------------ American Zinc. Lead and Sm. - Chicago and Northwestern -—. Northern Ore ---------- — Standard Oil Stocks beef steers, yearlings and beef cows, strong to 150 higher; beef heifers, 3c up; killing quality, fairly good; top matured steers, $10.50; numerous lots. heavy cattle compara- tively scarce in most active demands; bulk beef steers and yearlings, $8.756@ 10.00; market unevenly hi same day week ago and highest since February; few plain ateers with any weight under 850; bulk beef heifers, $8.50@8.75; venl calves, strong to 25c 29% country demand for stockers sao ome slow; bulk desirable hg $5.28@5.50; bulk veal calves to packers, around $10.50; bulk! | stockers and feeders, $7.25@8.00. Sheep—Receipts, 12,00 | lambs and sheep, around | 86 pound clippers, around $16.26; bulk early, '$14.75@15.00; choice handy) 16% 16%4 | ewes, $7.00; several docks Texas a6 87 | wethers, $8.60; California springers 40 41 | and fed wooled lambs, unsold. 110 ios 110 Omaha Quotations. 168 170 OMAHA, Neb., May 11—{U. 8. De- 27 partment of Agriculture.)}—Hogs—Re- 25% | ceipts, 14,500; market slow, fully 10c 123. | lower; bulk butchers, $7.20@7.80; top, 106 | $7.40; bulk packing sows, $6.00@6.35. 67% 68. Cattle—Receipts, 4,700; beef steers, 205 208 | steady to 10¢ higher; spots, more; 105 107 | best steers, 140 pound averages $10.05; 185 «187-| bulk steers, $8.50@9.60; sho stock. 98 99 | strong to 10@160 higher; bulls and 43% 44 ‘| veals, strong; bulk cows and heifers, 892% 90 | $6.50@8.25; bulk bologna bulls, $4.75 220 228 | @6.00; top veals, $12.00; stockers and 38% 88% sip te Sing bulk feeding steers, $7.50@8.00. | ek wn Sheep—Receipts, 8,500; fed clipped 144 445 | lambs, 25@40c higher; bulk, $14.50@ | 69 top, $14.90; wooled lamba, eecnnneneme— 1.70 wowecemw mea = 1.70 EL YT) 1.70 1.85 1.25 1.25 5 Only rotitine | business was transacted, other than | the election of the three directors, | Carbon Test Resumed RAWLINS, Wyo.—A 4drillingecrew ats by M. M. springers, $16.75; sheop, steady; bulk shorn ewes, §$7.00@7.25; shearing jambs, strong; two loads 65 pound averages, $15.65. Denver Prices, DENVER, Colo., May 17.—Cattle— Receipts, 2,922; market steady; beet steers, $7.00@)9.85; cows and heifers, $4,50@8.50; calves, $4.50@13.50; stock- ers and feeders, $6.50@7.75. Hogs — Receipts, 2,477; market steady to 150 lower; top, $7.65; bull $7.15@7.46, Bheep—Receipts, 8,841; market 250 higher; wooled lambs, §15.00@16.00; clipped lambs, §13.50@14.00; ewes, $7.00@9.50, Butter and Eggs CHICAGO, May 17.—Butter, lower}; cream: 8, 410} standards, 41c; BUTTH, Mont., May 17—At the|company, has resumed operations on paren Arete, acete evan’ se meeting of the stockholders of the|tho well being drilled in that end. | so14 0, seconds, 87@38%40, Anaconda Copper Mining company] Operations were suspended last cd gprs Mi ye REN held at the comparty’a office in| winter on account of the extremely cases, Anaconda, A. H. Melvin, George H.| cold weather and impassable roads. _ Church and Andrew J. Miller, all) The well is now down 22,600 feet and Flax Seed. of New York City were reelected| Mas penetrated the first Wali Creek DULUTH, Min May 17.—Closing directors for a three year term.|sand for about 90 fect. videads Sih aoa; Juin, About seventy pew cent of the| It is expected that the Dakota 4, asked; Reptetber, '$3.81;, Octo. stock of the company wes repre-|sands wil be tapped at + 8,800 fect, ber, $24 |which displayed a heavy tone. - Grains -: STOCKS IMPROVE TNTLATE SALES Liquidating Movement Check- ed With Call Money at Low Rates. NEW YORK, May 17.—Speculators for the decline again succeeded in| unsettling today’s stock market by heavy offerings of the copper shares and miscellaneous specialties more ahan a score of which established| new low records for the year. Good buying support was forthcoming, however, for the usual leaders, par-| ticularly among the steels and equip- ments which showed a strong upward tendency. Trading was on a reduced scale, total sales approximating 600,- 000 shares. NEW YORK, May 17.—Selling of copper shares was resumed at the opening of today’s stock market, An- aconda and Ray Coppers duplicated their lows of the year, Standard Oll of New Jersey and Missouri Pa- cific also sold at new low prices. fractional. Royal Dutch moved up ® point. Speculative sentiment costinuea unsettled because of the doubt existing as to whether the recent) reaction in commodity and security prices foreshadowed a reaction in trade or was merely a readjustment of the markets preparatory to an-| other renewal of business activity. Additional new low records for the year were made by Famous Players, Phoenix Hosiery and International Combustion engineering each off about 1% points. Cuban Dominican sugar preferred dropped 3% points, Dup'tcating {ts previous low. Gen- eral Electric, Standard Oil of Call- fornia, Gulf States Steel, and Am- eriean Ice each dropped a point or more and Baldwin yielded half. Woolworth advanced two ints. Tidewater oll, which was weak yes-| terday, recovered two points. For-| eign exchanges opened irregular. | Demand sterling dropped % of a| cent to $4.62% and French france advanced two points to 6.67 cents. German marks a'so improved slight.| ir, being quoted at .0021% cents. The strong buying support forth- coming for such leaders as United States Steel, Baldwin, American Can and ‘California Petroleum caused a| shifting of bear attacks to stocks of| companies which have been subjected to unfavorable conditions. Coppers! were particularly weak, new low rec-| ords ‘being recorded in Inspiration, Chino, Cerro De Pasco, and Nevada. Nearly a score of other shares sold at new lows for the year, including American Tobacco “A” and “B", Vir- |ginia Carolina Chemical, Montana) Power, Postum Cereal, American; Hide and Leather, preferred, and In- ternational Agriculture, preferred, the last named dropping 10 points. Losses in other active shares ranged from one to three points, but there were a few outstanding strong spots notably Woolworth, which ex- tended its gain to four points, and DuPont, Peoples Gas, Austin Nichols, preferred, and Houston Oil, each up about two points. Call money opened at 4%, eased to 4% and then to 4, A pause in the liquidating move- ment of miscellaneous shares give representative stocks a chance to reflect a better speculative ‘senti-| ment. Abundance of call money at low rates and increases in the quarterly dividend on United States! realty, Texas Gulf Sulphur ‘and Quaked Oats induced a more general | inquiry for the long account. Pos- tum cereal, after slumping to 100, snapped back to 105 Underwood Typewriter climber tive points to a new high figtre for the year, while American Locomotiver Ba'dwin, Pan American, General Asphalt, fornia Pete, Americaa Can, baker, Chandler, Stewart Warner and Canadian Pacific recovered 1 to 2 points above yesterday's close. Closing was irregular, Indications’ that certain stocks had been oversold were seen in the rally which took place in the late dealings. American! and Baldwin Locomotives led the ad- vance, each piling tWo points above yesterday's final figures, Potatoes CHICAGO, May 11.—Potatoes, steady; receipts, 78 cars; total United States shipments, 412; Wisconsin sacked round whites, $1.10@1.15 owt.; ditto, bulk, mostly $1.15 cwt.; Minne- sota sacked Red River Ohios, $1.05@ 1.20 ewt.; Michigan and, Minnesota bulk whites, poor, 900 Gwt.; Idaho sacked Russets, $1.75@1.85 owt.; new| stock, firm; Alabama 100 pound wacked Triumphs, No, 1, $5.00; No. 2, $8.25@3.50, Silver NEW YORK, May 17.—Yoreign bar silver, 66%c; Mexican dollars, 51a, LONDON, May 17.—Bar_ atfiver, 83 9-16d per ounce, Money, 1% per cent, Money NEW YORK, May 11,—Call money,| steady; high, 4%} low, 4) rujing rate,| 4%) closing bid, 4; offered at 4%4) last loan, 4; call loans against accept- anges, 4; time loans, steady; mixed collateral, 60-00 days, 6@5%4; 4-6 months, 5@5%; prime commercial) paper, 6, GRAING SUFFER aLlonT L053 Closing Prices Show Fraction- al Decline Under Opening of Market. CHICAGO, May house buying said to be based on un- favorable crop reports from the southwest made the wheat market ea quickly to buying orders. Strength | in the corn market continued to act |‘ as @ bullish influence % cent 1.17% advance, July and September 1.17% 1.15% ttle and then ros well above yesterday’ finish. on the bulges and that any vigorous) export demand was lacking brought |; about a reaction at the finish. The close was unsettled, at %c net de- cline to %c advance with July $1.17% | Sinclair Oi! to $1.17% and September $1.15% to|Standard O1 lof Cal., ‘Union Pacific First 4s together|U. 8. Rubber Tua $1.15%. Scantiness of recetpts, with adverse weather, lifted corn market despite liberal to realize profits. The which ranged from % cent off to a_ Uke advance, with July 81% @81% | was followed by a moderate down- turn. Subsequently, demands slackened| and prices receded. The close was| unsettled, %@%c net lower to %c advance, July 80%o. Oats paralicled the action of corn, starting unchanged to 4%@% cent higher, July 48% to 43%, setback ensued and then fresh upturns. Lower quotations on hogs weaken- ed the provision market. ‘Wheat— Open High Low Close May 1.20 1.20% 1.19% 1.19% | July 117% 1.18% 1.16% 1.17% Sept, ——_ 1.15% 1.16% 1.15% 1.15%) Corn— May 81% 81% 81.81%) July 81% 82 80% .80% Sept, —__ 80.80% 79%) -79% Oate— May 43% ABH 42 43%! Tuly -—-- 43% AB% 43 43% Sept. - 41% 41M 41% 41% | Lard— 1120 1117 11.20 1142 11.40 11.42 July ——11.17 Sept. —-11.40 July Sept. -.---. —--. 9.10 9.30 Cash Groius, CHICAGO, May °17.—Wheat—Ne! sales. Corn—No. 2 mixed, 83%4c; No. 2 yellpw, 86@87c. Oats—No. 2 white, 46@46%0; No. 3 white, 45% @45%c. Rye—Nominal. Barley—62@ 680. Timothy seed—ss. 5 Clover seed—$12.00@17.00. Pork—Nominal. Lard—$11.0 Ribe—88.50@' Foreign Exchange NEW. YORK, May 17.—Foreign ex- chan, irregular. Quotations in cents: Great Britain, demand, 4.62%; cables, 4.62%; 60-day bills on banks, 4.60%. France,’ demand, 6.67; cable 6.6744 1%, Italy, demand, 4.86%; cables, 4.86%. Belgium, demand, 6.75%; cable 6.76. Germany, demand, -0021%; cables, .0022. Holand, de- mend, 39.10; cables, 39.13%. Norway, demand, 16.48. Sweden, demand, 26.66, Denmark, demand, 18,60. Switzerland, demand, 18.00%. Spain, demand, 15.21, Greece, demand, 1.92. Poland, demand, .0021. Czecho-Slova- kia, demand, 2.98. Argentine, de- mand, 86,12, Brasil, demand, 10.50.| 97 16-16 NEW RORK, May 17.—Copper— Easy; electrolytic, spot and futures, 15%. ‘Tin—¥irm; spot and nearby, $42.25 @42.87; futures, $42.50@42.62, Iron—Steady; prices unchanged. Lead—Firm; spot, $7.25. Zino—Steady; East St. Louts and nearby delivery, $6.65, Antimony—Spot, $7.40@7.45, ee oy spot| NEW YORK, May 17.—Sugar fu-| 6 tures closed steady; epproximate sales, 12,000 tons; July, $6.07; Septem. ber, $6.12; December, $5. March,| $4.60. The market for refined sugar was unchanged at $9.50@9.90 for fine granulated, with the demand utill| ght, eee PUBLICATIONS SOLD, ABERDEDN, 8, D., May 17. chase of the controlling interests In the Dakota Farmer of Aberdeen, and the*Northwest Warmstead of Minne- polis, both agricultural publications, | was announced here. W, ©., W, J.! and H. H. Allen bought the interests from Herbert Nyrick of Springfield, Mass. The deal was said to involve half ‘a million dollars, | = eee veh ‘Pur- They took a vote in a Nebraska town recently on who was the “sweet- nee ee ere eae (aeiteece American Tel and Tel American Tel. Average @ little higher in price today|Armour anci Co., 4%s during the early dealings. Offerings |Paltimore and Ohio, cv., were light, and the market respond-|Canadian Pacific deb., 58 ~--.—~ Chicoga, Burlington and Quincy re! chicago, Mil and St. Paul ov., 44s -—-—. on wheat. | S000vear Tire &s, After opening at % cent decline to| Great to|Great Northern 5 1-3s B to|3fo. Kan. and Texas new adp, 1.16%, the wheat market sagged a/Missouri Pacific geno 4s — all around to Montana Power 5s A New York Centra} deb., The fact that buying dimintshea|Northern Pacific pr. lien 4s —. Penn R. the |U. S. Rubber 5s - polling | Utah opening, | Westinghouse Electric 7s | months it has been loudly touted as | west quarter of section 14-14-25, the - Livestock -:- All Markets PAGE NINE. &s B. and L., B. and L,, 51%) American Sugar, 68 kK, K ot of G nd Tel., col, tr. 1981 Tire 88, 1941 Northern 7s A joodyear qgon Short Ling ref. 4s -—. cific Gas and Electric 6s nn, R. R. Rr. wing Gen., Co., Re Ths Power and Li estern Union 6% Brief Notes and News On Oil Operations In Montana ‘The Flatwillow structure south of Winnett is getting a good play and it should be definitely known within the next few months whether the dis- trict is ofl bearing or barren, says the Inland O!l Index in its review of Mon- tana ofl operations. For several the “great unknown" in Montana. Whaley interests have started drill- ing and are nearing the 1,000-foot level. The A. M. Z. Oil company has spudded in on location in the north- same having been spotted by Geolo- gist C. J. Stone. It is expected that the Ellis will be reached at 1,450 feet this location. Minnesota-Flatwillow Petroleum company will spud tn with- in the next few days on Pike Creek Arch in the southern section of the fleld on the southwest quarter of sec tion 3-12-25. Contract for drilling this test has been let to the Jay See Drill- ing company. Several other inter- ests are expected to begin operations on the structure soon. ‘The joint pipe line for water for drilling purposes in the Kevin-Sun- burst fleld ts nearly completed. Th line is being laid by the Ilinots Pipe Line company for the joint account of the Homestake, Carter and Mid- West. Two reservoirs have been bullt with a capacity of nearly 2,000,000 barrels. It is reported thet another small field refinery will be built in the Kevin-Sunburst district. It will be operated by the Kevtana Refining company and it is sald has made arrangements to get its supply of Cotton NEW YORK, May 11.—Cotton, spot, quiet; middling, $26.76. SPECIAL MEETING MAY 14, '23 STATE OF WYOMING COUNTY OF NATRONA Sa: The Board of peat Oommis- sioners met this 14th day of May at a SPECIAL MEETING, there being present Commissioners, G. 'T. Morgan, 'T. A. Hall, J. E. Scott, Alma F. Hawley, Clerk, Bids for Isolation Hospital were as follows: Wn, E. $13200,00 Sylvester F. Pelton_-... 12345.00 Clausen Consr, C 12494.00 J. R. Johnson 11878.00 Larson & Jorg ---— 11350.00) W._W. Sproul......... 8783.00 W. W. Sproul having submitted lowest bid, same was awarded to him, if he furnishes satisfactory bond as per advertisement. Meeting adjourned to May 16, 1923. Attest: ALMA F, HAWLEY, Clerk, G, T, MORGAN, Chairman. STATE OF WYOMING | COUNTY OF NATRONA | rH The Board of County Commis-| sioners met this 16 day of May at a SPECIAL MEETING, there be- ing present Commissioners, G, T.! Morgan, T. A. Hall, J, E. Scott and Alma F: Hawley, Clerk. W. W. Sproul withdrew bid and same was awarded to Larson & _- SWAN UNDERREAMERS & T YOUR SUPPLY STORE est girl in school,” and as a result a & Cae there have been no fewer than 20 Ee rare et i fights between young men and old, . friends anid brothers of the fair con- OSE NO-CUTTERS ‘tostants, | 5% per cent notes, 1930 -_--_____ French Repubtlc, 8s --—----— French Republic, Tis ——-. Kingdom of Belgium, 74s Kingdom of Belgium, 6s ———--____._________ Kingdom of Norway, 17.—Commiasion | U- 108% 105% crude from the Gindys Belle Oil & Refining company. Since selling part of his holdings to the Mutual Ot] company, {t ts re- ported that Senator T. 8. Hogan will start an intensive drilling campaign on his remaining acreage in the Kevin-Sunburst field. He has spotted three new locations as follows: No. 1 Uorenson, southeast quarter of tlon 2-85-2w; No. 1 McManus, south- east quarter of section 21-35-2w, and No. 1 Halter, northwest quarter of section 21-35-2w. Test of the Midwest Refining com- pany on the Woody structure in the Crow Indian reservation in Montana is drilling at 2,700 feet. Western States Oil company is also starting a test on the same structure. The Glenhoma Ol] syndicate of Minneapolis and Oklahoma has taken over an interest in the Greater Great Falls Oil company, which {s drilling a well on the Benton Lake structure near Great Falls, Discovery well in the Kevin-Sun- burst district on section 3! 3w is drilling round 1,900 feet. Nothing of value 1s expected before 2,100 feet. National Exploration company {8 making good time in No. 1 Malcolm, northeast quarter of section 29-36-1w. Test is near Sunburst and is drilling around 1,800 feet. Mid-Northern Ot! company wit driil on Teton Ridge 12 miles west of Dut- ton. First Kootenal sand is expected at 1,450 feet. ‘ Circle Ol company hes completed a derrick on the Goosebill structure 40 miles east of Great Falls. Location is on section 7: ‘Te. Jorgenson bet: next lowest bid which is $11850.0 Certificate of election of Evansvile, Wyoming, approved by Board of County Commissioners. There being no further business, meeting adjourned. Attest: ALMA F. HAWLEY, Clerk, G. T. MORGAN, Charman. Publish May 17, 1928. SWAN UNDERREAMERS AT YOURSSUPPLY STORE BrRricscsror Tr THE: PIPE*FOLLOWS FILLING WHITER Mank Typewriter Ribbons are guaranteed to give 35,000 impressions of the letters ‘'a’’ or ‘‘e”’ without filling. Buy typewriting supplies of Stationery Dept. COMMERCIAL PRINTING CO.