Casper Daily Tribune Newspaper, June 7, 1923, Page 5

il an Finance - ~NATION’S PIPELINE increase of 17,900. increase of 15,000. Wyomjng and Montana shows a dat average gross production of 130,600 batrels, an increase of 1,750. There were no changes reported in crude ofl prices for the major dis- stituté imports of petroleum RUNS SHOW INCREASE Average Daily Gain of 32,000 Barrels Reported for the Week Ended June 2 by Petroleum institute —Other Statistics NEW YORK, June 7.—The daily average gross crude oil procgiction of the United States, increased 32,900 barrels for the week ended June 2, totaling 2,034,950, according to the American Petroleum Institute. tion east of the Rocky Mountains was 1,309,950 barrels, an}c- California production was The daily average produc- 725,000, an (crude and refined oils) at the princi- pal ports for May totaled 6,981,999 barrels, compared with 7,712,500 for Bonds - Allied Chemical & Dye - - 1% American Can —___* - 100% American Car & Foundry ---.. 171% American Internationa! Corp -. 22% American Locomotive — = American Smelting & Refg -.. American American American American 92% Anaconda Copper 45% Atchison . Atl, Gulf ani ‘est Baldwin Locomotive Raltimore and Ohio. Bethlehem Steel —- ‘alifornia Petroleum anadian Pacific Central Leather - Cerro de Pasco Copp ChanGer Motors - Chergpeake and Ohio Chicago and Northwestern’ - April. Imports for the week ended | (. June 2, totaled 1,229,000, compared | Cy jonco! Mil and St. Paul pid - 37% with#1,768,000 for the week ending] 4) )) phir ty ee a ha Leas i: hile Copper 26% Mile Lake structure, southwest to the Dakota sands to determine the possiblities of the field. ne Eight Mile Lake structure has been the object of much atten- have been two wells drilled— at the very edge anc slightly off structure. This well was drilled to the Wall Creek sands, it not being known at the time that there was production in the Dakota Sands of state. This well, however, did have a very strong showing of oll which at the time was bdelieved to have come from oll shale, However, ® chemical analysis made a short tine a&o, reveals the fact that the “Nay is of the same content as is found State Ohecks Production. The state of Wyoming has placed tn- spectors in the oil fields to check the amounts of royalty oll produced from state owed lands. C. E. Hyatt of Cheyenne is the first appointees and will have charge of the Salt Creek dis- trict. This move is the same aa the national government has been doing through the gauging deperament of the bureau of mines. Sinclair to Drill Test. The Sinclafr Wyoming Oil company operating in the Salt Creek field, has let a contract for drilling a test on ecctjon 2-39-79. The number of wells ty driliéd on this section by the Sinclair caused considerable debate in “ the Salt Creek Producers’ association recently and was one of the features of the conference between the Sin- clair and the association. The rumors six wells on this section the coming season started considerable talk about ® possible break between that firm and the producers of the field. Big Muddy Test Resumes. A deen test of the Continental Pro- ducing company, the Carter Ol com- pany and the Fenrjand Of] company, west of the Big Muddy field about four miles in Natrona county is pre paring to start again. It is now 4,824 feet and will be about a mile deep. Oil Land Area. United States geological survey and reserved by the government as pet- roleum land amounts to 6,500,000 acres and of oll shale land 4,100,000 acres. Buys Chicago Site, The Sinclair Ol! company has pur- chased the northeast corner of Ran- dolph etreet and North Michigan ave- nue, Chicago, for $1,000,000 and will construct upon it a 32-story building. i; First Run at Electra. ‘he Griswold Oil company has made the first run of crude in its new re- finery at Hlectra, formerly the Bea- con refinery at Henrietta, Texas, late- ly moved to Electra, capacity 2,500 barrels daily. The Griswold company has many, Casper stockholders. © Said Bo was Paul F. Skewes, U. 8. Na that the Sinclair would start drilling | The present area classified by the} <n on the part of oil companies and|years ago on a location cl ' the King to the Gob King George of Greece was walking in his palace grounds at be toll & tule or two af the sea, having been a sailor himself. important Wildcat Test Is Spudded in Near Rawlins The Hatfield Ol company has. spud-jin the Rock River and Lost Soldier ded in for its first test of the Hight| fields. According to one of the lead- of|ing geologists of the country this off Rawlins, Wyo. and expects to drill|thought years ago to have come from oll shale, in reality came from the Dakota sands within the Eight Mile structure. The second well was drilled a few to the Dreeent scene of operations and was also crilled only as far as the Wall Creek sands. At the Wall Creek sands a »trong flow of gas was encountered and the well abandoned. Two other wells were drilled in this section but both were entirely off the structure and both came in dry holes. Directors of the Hatfield Oil com- pany have decided to allow the sale of but 9,000 shares more of the treas- ury stock at the present price of $1 per share. Market Gossip and Briefs On Operations in Oil Fields Investment and Output. The total investment in the oil in. dustry of the United States is $8,000, 000,000; the total investment in the a Mexican off industry ix $50,000,000. | T° Maipanhié In 1922 Mexico produced 182,278,457 | 7 ane barrels of ofl in the samo period the United States’ production was 551, 197,000, Thus Mexico, with one- teenth of investment last year, pro. duced one-third ofl, RUSS SLAYER SENTENCED TO FIRING SQUAD MOSCOW, June 7—{By The Asso- clated Press.)}—Vasili Komaroff, con- victed of the murder of 33 persons and his wife, as his accomplice, were sen- tenced today’ to be shot within 72 hours. Neither betroyed any emotion as the sentence was passed but there was loud applause from the crowd in the court room and cries that the sentence should be carried into effect immediately instead of waiting 72 hours. Komaroff was alternately a tearful and a boastful figure when placed on trial yesterday. “You have my confession, why bother further?” Komaroff arked when called to the stand. He wept in telling the story of his early life. He said he had gone to work in the fields at the age of 13. He grinned boastfully when he told of the good times he had had in his later life, drinkng and carousing, but said he wondered now why he had killed so many people. He stoutly asserted that his wife, a trembling figure standing beside him, had had nothing to do with the mur- ders. th And the king st They met of the amount of Chino Copper — Consolidated Gay — 62% Corn Products 132% Cesden Ol - 48% Crucible Steel -. 2M Cuba Cane Sugar pfd Erle Genera! Asphalt General Electri General Motors Great Northern pfd. Gulf States Steel linois Central Inspiration Copper International Harvester Int. Mer. Marine pfd, — International Paper Invincible Oil Kelly Springfield Tire Kennecott Copper Lima Locomotive Louisville and Nashville Mack Truck -. Maxwell Motors Middle tes Oil Missouri Kan and Tex. new - Missouri Pacfie pfd. New Yerk Central N. Y., N. H., and Hartford - Norfolk an¢t Wertern Northern Pacific Pacific Oil Pan American Petroleum B Pennsylvania Peop'e’s Gas Producers and Refiners Pure Oil Reading Republic Iron and Steel - ears Roebuck - Sinclair Con Ol -— Southern Pacific uthern Rallway Standard Oil of N. J. Studebaker Corporation Tobacco Products A -. Transcontinental O!l Union Pacific United Retail Stores Standard Oil Stocks Anglo --. 15% 15% Buckeye 84 85 Continental 39% 40 Cumberland 100 104 Calena — 63 65 Tlinois -. 160 162 Indiana ~ 96 98 Nat. Tran, 24% 25 Y. Tran. 107 110 Nor. Pipe -. 103 104 Ohio Oil 67 68 Prairie Of 200 201 Prairie Pipe ~ 104 105 Solar Ref. -. 185 195 Sou Pipe 96 98 . O. Kan, 44 44M oO. Ky - 89% 90 O. Neb -. 215 225 . O. N. ¥, 40% 40% S O. Ohio 280 285 Vacuum 16% 41% s. P. Of 144 145 59% 59% Cat Creek ----. 5 Lance Creek - 1,70 Osage - 1.70 Grass Creek 1.70 Torchlight - 1.70 Etk Basin 1.70 Greybull 1.70 Rork Creek 1.35 Salt Creek 1.25 Hamilton - 1,25 Mule Creek 95 Sunburst 80 Potatoes CHICAGO, June 7.—Potatoes dull. Receipts 71 cars; total U. 8, ship ments 810; Wisconsin and Minnesota sacked round whites number 1, 70@ 850 cwt.; new stock weaker; Alabama and Louisiana sacked Biss Triumphs best $3.15@3.30; dark §8.00@3.15; South Carolina barrel, Irish Cobblers car lot sales number 1, $6.00@6,60; mostly $6.26. Che Casper Daily Cribune - Stocks -:- Grains . Oil Securities | (By Wilson. Cranmer & Company) || |i oda on exocis | Bessemer Sa Big Indian at 19 Boston Wyoming 95 1.00 |Buck Creek ey 16 Burke ~ —_. 27 .30 Blackstone Salt Creek .28 -30 Chappell — 36 38 | Columbine — 10 12 | Capitol Pete - 001% 00% Consolidated Ro: 82 1.84 | Cow Gulch 202 | Domino 114 Elkhorn 04 E. T. Willams at Frantz 5.00 Gates - 04 Kinney a 22 Jupiter — - 00% 01 Kinney Coas' 26 27 Lance Creek Royalty. .01 02 Lusk Royalty 02 Mike Henry ~ 202 Mountain & Guilt 1.35 New York Oil -12.00 14.00 Outwest —--... z ~ 00% 00% Red Bank (new) ~7.50 8.50 Pleardy -..--. 04 Royalty & Producers - .08% 09% Sunset - 08% 09% Tom Bel’ Royalty ---. .01 03 Western Exploration. 3.65 3.85 Wyo-Kan 70 78 stern Oll Fretas.. 70 80 Western States 18 20 Y on 08 10 NEW YORK CURR CLOSING $ 15.87 55.00 Mountain Mammoth Glenrock O11 Salt Creek Pras. Salt Creek Cons, -. New York Of] - ine Mutual S. O. In¢dana - Citles Service Com. Producers 3%e - First 4s -$100.72 98.12 Second 4s ~-. 98.24 First 4%s ~~. - 98.34 Second 4%s - - 98.40 Third 4%s - 98.81 Fourth 4\%s — — 98.47 Victory 4\%s - 100.06 2 Livestock Omaha Quotations. OMAHA, Nebr., June 7.—(U. 8. De- partment of Agriculture).—Hogs— Receipts 13,000; fairly active, steady to be higher bulk, packing sows $5.55 @$5.50; bulk butchers $6&55@$6.60; top $6.65. Cattle—Recelpts 5,000; beef steei weak to 10@16e lower; top $10.50; bulls $9.00@$9.50; quality —_ below standard; she stock weak to 15¢ low- bulk cows and heifers $6.00@ $8.00; bulls steady; bulk bolognas $4.25@$4.50; vevals unchanged; prac- U. 8, Ind. Alcohol -- tical top $9.00; best stockers and OWA United States Steel -. 97% | pound Nevada hay fed $8.76. 3 fe eh SS a Utah Copper - 65%] Sheep—Receipts 7,000; lambs Westinghouse 56% | steady to 10c higher; old crop lambs Willys Overland - 6% | $13.85@$14.00; fed clipped spring M American Zinc Tead and 8m. -- 11B| lambs $14.25; best California spring oney ratte and Superfor 2 | lambs $15.35; natives $15.00; sheep ‘olorado Fuel and Iron -------- 2° .{ and yearlings steady; best yearlings Montana Power -- - - 66 | $11.00; wethers $7.50; lght ewes| NEW YORK, June 7.—Call money National Lead ---------------- 1” $4.65@$5.00; feeders strong, $12.75 | steady; high 4%; low 4% ;ruling rate Shattuck Arizona 7B | bid on good California spring feeding | 4%; offered at 5; last loan 4%; call lambs. loans against acceptances 4%; time loans steady; mixed collateral 60-90 CHICAGO, June 7.—{United States Department of Agriculture. )—Hogs— Receipts 36,000; steady to 100 lower; top $7.25, one load; bulk 180 to 240 pound averages £7.10@7.15; 260 to 325 pound butchers $6.90@7.10; packing sows $546.25; desirable pigs $5.25@ 6.25; heavy weight hogs $6.75@7.1 medium $7@7.25; Nght $6.85@7.20; light light $6.40@7. packing sows, smooth $6.10@6.35; packing sows rough $5.75@6.15; killing pigs $5.25@ 6.35. Cattle—Receipts 11,000; beef steers and yearlings very slow; weak to 16c lower; spots more; early top matured stoers $11; some Held around $11.20; few loads choice kind $10.50@10.7: plain light steers downward to $8; best yearlings early $10.25; she stock comparatively scarce; moderately ac- tive; seatdy to strong; desirable beef heifers in fairly broad demand; bulls weak; bidding sharply !ower on veal calves; few early sales vealers to out- siders $10.50 and above. Sheep—Receipts 7,000; slow, steady bulle best native springs $15@15.25; few to city butchers $15.50; two double handy weight feed lambs $14.15; few handy welght ewes $5.50%6.50; heay- les $3.50 @4.25. Denver Prices. DENVER, Colo., June 7.—Cattle re- ceipts 826; market steers strong; oth- rs weak to lower; beef steers $7@ 9.75; cows and heifers $4.50@8; calves $4.50@11; stockers and feeders $6@ 1.15. Hogs receipts 3,900; market 15c to 20c lower; top $6.65; bulk $6.35@6.60; pigs $5@5.35. Sheep receipts 200; market strong to 26c higher; clipped lambs $12.25@ 13.26; sprng lambs 13.75@14.75; ewes $5.50@6.50, _ Metals NEW YORK, June 7—Copper quiet; electrolytic spot and futures 15c. Tin firmer, spot and nearby $42.50; future $42.2 Iron steady, prices unchanged, Lead teady; spot $7.25, Zinc quiet; Mast Bt. Louts spot and nearby $6.30@4.35, Antimony spot $6.75@6. —— 7 NEW YORK ne T—Foreign bar iver Mexican dollars 40%, | GHEGKED TODAY STOCK INCREAS Bear Selling and Profit Tak-! ing Offsets Gains of Early Trading. | NEW YORK, June 7.—Intermittent | bear selling arid profit taking halted the upward tendency of prices in to- | day's dull stock market. Selling of the oO equipments, steel and Studebaker imparted a reaction: tendency to the rest of the li an early perlod of stretngth approximat- ed 600,000 shares. ft NEW YORK, June 7.—Under the influence of several constructive de- velopments including record break- ing May plg iron production, unpre- cedented car loadings for this season of the year and unusually favorable April railroad earnings, prices con tinued their rise to higher ground at the opening of today's stock mar- ket. Rails, steels and coppers were in good demand. Some of the oils were heavy. Royal Dutch dropped a point. Rails were more active, gains of a point or more being made by Lacka- wanna, Atlin Coast lne, Fri preferred, and St Paul preferred. Merchandising and motor shares also gained new ground. Twin City Rapid Transit jumped six and a half points to a new high. Foreign exchanges opened slightly lower. The upward tendency was halted temporarily a bear attack on the oil shares, ( Asphalt common and preferred, California Petroleum and Cosden droppping 1 to 2% points. Gains of 1 to 4 points, which had been recorded by the copper in- dependent steels, public utilities and certain food, railroad and miscellane ous shares, were shaded somewhat during the reaction in the oils. Prices started upward again around noon under the stimulus of a brisk demand for Reading, American Can and Am- erican Locomotive, the last named touching another new top at $1.46%. Call money opened at 4% per cent. The market acted in an impressive manner in the afternoon. Special shares influenced by favorable news and pool operations went up rapidly but the eritire movevment denoted increasing confidence on the constructive side. High grade rail road shares were more active with Atlantic Coast line and C. C, C. and St. Louis rising 3 points. Atlas Powder jumped five. Remington Typewriter 3% and General Electric, Fisher body and Coca Cola 3 each, the last mentioned stock touching # new high figure for the y at 8314 The closing was heavy, selling or- ders predominated in the late deal- ings, Standard of! of New Jersey, In- ternational Harvester, American Ex- press, Virginia Carolina Chemical pre- GRAIN RALLIES Closing Shows Fractional Loss which took the more than wiped out ish the same as.y a and September $1.09%% consigned to Kansas City braska points acted as a handicap to bulls. Open High Low Close Wheat— July 1.10% 1.11% 1.09% 1.10% Sept 1.10% 1.10% 1.09% 1.09% Dec - 1.12% 1 1.11% 1.11% Corn— July $2% B21 80% 80TH Sept 73%, 11 TM Dec - 67% 66% 06% Oats— July 42% 42% 420 42% Sept 39% 39% 38% «38% Dec - 40% .40% 40 40% A July 11.87 11.47 11,87 / 11.47 Sept 11.60 11.70 11.60 11.67 Rubs— July Sept 9.60 9.62 9.60 days 4%@5; 4-6 months 5; prime com mercial paper 5 Butter and Eggs tled; creamery extras .38; standards 38%; extra first .36%@.37%; firsts .35@.36 ;\ seconds .33%@.34; eggs, lower; receipts 25,922 cases; firsts 22%@.23; ordinary firsts .21@.21%; miscellaneous .21%@.22; storage pack extras .25; storage pack firsts .24% @ 24%, ————— Flax Seed. DULUTH, June 7.—Closing flax, July $2.77 asked; September $2.52 asked; October $2.4 STADIUM READ FOR BIG FIGHT (Continued from Page One.) erlean Legion band and the Parker- ton band, supplemented by. Sples Howling Wolves, the orchestra that has been holding forth £0 success- fully at the North Washington street dance hall. The Yellow Cab company {s furnishing the transportation for the fighters in the parade, The two bands and the Howling Wolves will furnish music during the progress of the fight program. a |JILTED BY | GIRL, MAN IS SUICIDE LIBBY, Mont., June 7.—Search of the Kootenea river near here for the body of EB. Hale, believed to be from Tacoma, Wash., had proven unsuc- cessful today, A note, signed with Hale's namo and dated May 10, was delivered to the sheriff's office by a fisherman yesterday, It read: You will find my body in tho river, Notly Hazel Hendershot, Ta- coma, I died for her after losing her love. Good bye forever," ‘The fisherman said ho found the note fastened to the door of a shed on Swamp Creek, southeast of ong with a passbook on the National Hank of Tacom, made o in Hale's name, . no changes in the refined sugar mar. ket but a fair inquiry was reported Fine granulated is quoted at $9.75@ 9.90. mate sales September changes easy; gium, demand 5.56; cables 6 many, demand .0012%; 0 ‘mand 26.60; Denmark, Switzerland, demand 18. land, demand (emand 35.50; Brazil, demand 10.30; 97% LAGK STRENGTH in Wheat Prices Compared to Yesterday. Rer CHICAGO, June — 7.—Advances place at the opening of market today were by speculative Rep Stal wheat U: oon selling. The temporary gains result-| american Smelting. ed chiefly from reports of rust dam-| American age in Oklahoma 4 Kansas and| Americ from word ofcontinued excessive | Americs rains over both of these states.| Anaconda Buying, however, lacked volume and | An#conda Copper &s, the market quickly underwent a set-| At. T. and San Fe gen., back. Initial quotations, which | Baltimore and Ohlo cv., ranged from % to %e higher, with | Bethlehem Steel con 6s, . Canadian Pacific deb., 4s July $1.10% to $1.11 and September igo: Hirliandlouaicyss $1.10% to $1.10%, were followed by a} ¢ hicago, Mil, and St. Paul drop all around to well below yes-| Chile Copper, 6s terday’s finish, Goodyear Tire 8s, 1941 Subsequently rallies failed to hold Northern 78 A - we'l. Weaknegs of corn was a hear: a Power’ ‘ts “A n Pacific ref., 6: factor. Wheat closed unsettled, sterday’s finish to hi cent lower; July $1.10% to, $1.10% to $1.09% at Corn and oats were er, influ- | So enced by’ some sellin of corn, against purchases of other grain After opening at %%4c off to up, July .82% to 4, the corn market suffered a material decline. Danish Dom. of Canada, 5 Fre Japanese 43 Kingdom of Belgium, 8@ public of Chile, 8s, 1946 Kingdom of Norway, 6s, public of Chile, 8s, 1946 PAGE FIVE Municipal nch Repubtic, te K of Queensland, 6s of G. B. stern Be!l T jas and Electric R, gen., bs air Con’ Oil col., athern Pac n Pact Rubber ern Union 64s tric, ev. 68 Reports that some corn was being from Ne. The close waa heavy, 1% to net lower, with July 80%c to Sic. | Oats started % to %e higher, July | 42% and then receded decidedly be low yesterday's latest figure. | Provisions showed firmness in the absence of any aggressive selling. Cash Grains CHICAGO, June 7,—Wheat number 2 hard $1.13%; number 1 northern $1.13. Corn, number 2 mixed 83%c; num: ber 2 yellow §3% @84%c Oats, number 2 white 45% @46%c; number 3 white 44% @45%c. Rye nominal. AS « ‘This pleture gives you a good Barbot flew across the English Channel. idea of the size of the plane in which Suspended on the building of a Paris newspaper, one can compare its size to tho clock and the windows, Barley 63@70c. Timothy seed $5.50@6.50. Clover seed $12.00@17.00, Pork nominal. Lard $1.37 Ribs $8.75 Sot NEW YORK, June 7.—There were| ent fro > approxi- $6.28; $5.75; Sugar futures closed easy 28,000 tons. July $6.35; December in of March $4.42, n wh: NEW YORK, June7.—Foretgn ex- quotations in cents: demand 46 day bills on demand 6.45: Italy, demand 4.67%; at Britian, ; 60 banks 4. cables 6.45% cables .0013%; cables Sweden, pmand 18.20; ; Spain, ¢ mand 15,10; Greece, demand 2.55; Po: .0018; Czecho-Solyakla, 2.99%; Argentine, demand Montreal demand 39 demand Holland, Norway, TIRES & TUBES If you want to set a sea- son’s record for high tire mileage, buy Diamond Cords and Diamond Tubes. BRODIE RUBBER CO., Inc. Phone 1203 | CASPER, WYOMING Diamond D TUBE SASKATOON, banks here today. coming, many residents moved goo fro! Louis F Saskatchewan Flood Warning Is Sent Out Sask., June 7.—The ith Saskatchewan river was mom marily expected to overflow it Warned last night high water w m Alberta that 3 m thelr basements and plugged er traps. The water rose five feet three hours st evening and part the south bank of the river n to crumble into the waters. ich were up to elght feet from be the level of some of the syreets, MAN ON JOURNEY —s KILLED TO WYOMING EAPOLIS, Minn, June 7. . Stukel, driving from Minne: apolis ot Sundance, Wyo., with h's wife to attend the funeral of a rela- tive, was killed and Mrs. Stukel f | ously injured when their automobile | blew a tire and turned over near T. ler, Minn., yesterday, according nformation here. to i | | | | Healthy Liver Healthy Life Your liver—healthy or clogged, active or sluggish—makes all the difference between a vigorous, | cheerful life and low | spirits and fail- jure. To subdue |a stubborn \liver, over. come con: pation, dizzi- ness, bilious- ness, indigestion, headache a blues there is nothing on earth eo good as Carter's Little Liver Pills, Purely vegetable. Small Pill—Small Dose—Small Price TRY TRIBUNE CLASSIFIED AD» \- | | Open Day WHOLESALE Pat Royce Announces To My Many Friends and Customer After Monday, June 11, I will be-doing business | in my new station at the c OAK AND YELLOWSTONE I will handle two grades of gasoline. Midwest Gasoline and Williams Gasoline Four grades of Veedol and four grade PLENTY OF HOT AIR FOR THE PUBLIC, orner of oS ; of Nourrse Oil and Night AND RETAIL