Casper Daily Tribune Newspaper, June 16, 1923, Page 5

SATURDAY, JUNE 16, 1923. _ ONE WELL COMPLETED ~ BY OHIO in SUNBURST Sot ee Well Is Good for 20 Barrels a Day At 1,585 Feet—Operations of Company in Other Fields Show Progress The Ohfo Oil company completed one small well last week in the Kevin-Sunburst field in Montana. 1 Shaw, section 35-26-2w. which had a small showing of oil in the Sunburst sand but was drilled to the Ellis. found there was plugged off and the hole shot at 1585 feet. The well is good for about 20 barrels a day. The operations of the company are as follows: Kevin-Sunborst. Stockmen's Bank, section ; sidetracking at 1,649 feet. No. 1 Holloway, section 34-36-2: ing at 625 feet. No. 4 Baker, section 4-35-2w; under- ing 8%4-Inch casing at 1,360 fee No. 1 No. 4 Emmert, section 15-35-2 drilling at 1,211 feet. No, 5 Emmert, section 15-85-2w; drilling at 605 feet. No. 1, section 17-25n-17e, Sherrard Dome; drilling at 1,800 feet. Car & Foundry _---_ International Corp — Locomotive -—-.. Smelting & Refg After Being Shot This was No. The water Bethlehem Steel ~~... ie Boston Wyoming .-. 195 1.00 Buck Creek -.2. 14 18 Burke ---....-__.. 27 30 Blackstone Salt Creek Chappell |Etkhorn ET. Wi “al'forniy Patroleum Canadian Pacific Centrat Teather . Cerro de Pasco Copper Set 12%4-inch casing at 1,050 feet. No. 6$ Milliron, section 20-46-98; clesning out at 1,975 feet. No. 18 Wiley, se Chandler Motors ~~. . iey, section 19-4 x ; Lance Creek. Chicago and Northwestern 71 Chicago, Mil. and St. Paul pfd. Chicago, R. I. and Paa ~ Chile Copper Chino Copper -. No. 1 Thompson, drilling at 235 feet. No. 3 Converse, section 32-36- Grilling at 2,885 feet. section 5-35: No. 1 Schuiricht, section 5-35-65;|Consolidated Gas --_--______. 61 rigging up. Corn Products —-- 182% Baxter Basin. Cosden Oj1 SATB 7 No, 1 Hay, section 14-17-104; spud- ding in. Crucible Stee! oe Cuba Cane Sugar pfd, Rock River. No. 1 U,S. Permit, section 22,16-104;|Hrie ---.--- -----------—---— No. 2 Diamond, section 27-20-78;| spudding in. Famous Player Lasky ~ Grilling at*450 feet. Elk Basin. General Asphalt No. Harrison Cooper, section} No. 13 Woods, Elk No. 3, section|Genera! Fiectric 2-19-78; (irilling at 2,365 feet. 30-58-99; cemented at 1,742 feet. Generel Motors No. 7 Harrison Cooper, section Hidden Dome. reat Northern pf 2-19-78; dril'ing at 2,570 feet. No. 1 Brome, sectiom 9148-90; run-|Gulf States Steel — No. § Harrison Cooper, section| ning 8%-inch casing at 2,120 feet. | itinois Central _. EEE, 2-19-78; drilling at 2,690 feet. Oregon Basin. Inspiration Copper —-—-— No. 10 Stateland, section 34-20-71 No. 1, seotion 8-51-100; fishing a‘|tnternational Harvester ———. rigging up. 1,277 feet. Int. Mer. Marine pfd. reat No. 11. Stateland, section 34-20-78; Rex Lake. International Paper -----—-—- rigged. oe No. 1 Coughlin, section 26-16n-77w;| tyinctble Oil ---- MENT] rigging up. <elly Springfield Tire ----..-. 384 No. 2 Tract G, section 17-89-78; Mahoney Dome. tio cota ae oe Grilling at 2,460 feet. No. 8 section 36 3 cemented | Time Locomotive 1... 64% No. 4 Tract ET, section 20-39-78;| casing at 400 feet. Louisville and Nashville .—. 1B fishing at 1,490 feet. O'Brien §| Mack Truck 76% No. 6 Tract ET, section 20-8978;| No. 2, section 2-23-87; rigging up.|37cr.g on a a Grilling at 2,668 feet. Utah. Maxwel Mothts B co..cosccccec. 18% Grass Creek. No. 1 Chalk Creek, section 6-2-6e; sane: Bile GH et % No. 89 Stateland, section 19-46-98; | drilling at 1,300 feet. Siesbrl Karacaite new cs: 100 Missouri Pacfic pfd. -. 37% New York Central -......... 103 Wheat Scores Advance in Price During Last Week CHICAGO, June 16-—— With the southwest deluged by unwelcom rains and with the northwest com- Plaining of drought, wheat was scored ® moderate advance in price this week. Compared with a week ago, wheat this morning was % to 1% higher. Corn % to 1c up, cats showing % to %c gain, and provisions at a rise varying from 2c to 25@27c. It appeared to be a generally aoc- cepted opinion in the wheat trade that as @ result of the unfavorable con- ditions southwest, the winter crop yield ip Kansas, Oklahoma and Texas would be much less than was indi- cated by the government’s latest re- port. Bullish sentiment engendered by the wet harvest for a area of winter wheat proved to be more than an offset for hedging sales actual or prospective and for scantiness of new export buying. Deficiency -of moisture throughout Market Gossi Hatfield Progressing. RAWLINS, Wyo., June 16,—The Hatfield Oil company which spudded in on its well in the Eight Mile Lake section about ten miles south of Raw- lins just two weeks ago today‘ are now down better than 800 feet and driling is progressing very rapidly. The well which {s about three quar- ters of a mile from one of the wells which was drilled in the locality sev- eral years ago, is higher up on the structure, and drilling operations has practically proven that the sands will be encountered about 400 feet less than in the old wells. A good gas showing was encoun- tered in the well at the above men- tloned depth and drilling waa sus- pended for several hours in order to change from & manila line to @ steel line, in order to eliminate all” the danger possible from fire. Mr. Hatfield, the president and head driller on the well is greatly Foreign Exchange NEW YORK, June 16.—Foreign ex- changes irregular. Quotations in cents: Great Britain demand 461%: cables 46144; 60 day bills on banks 469%. France demand 629%; cables 630. Ttaly demand 459; cables 459%. Belgium demand 639; cables 639%. Germany’ demand cables . Norway demand 166 demand 2650. Denmark demand 1770; Switzerland demand 1795; Spain demand 1492; Greece demand 304; Poland demand 0010%; Czecho Slovakia demand 208%. Argentine demand 3600; Brazil Cemand 10.50; Montreal 97 21-82. Butter and Eggs CHICAGO, June 16.—Butter, high- er; creamery extras, 39%4c; standards, extra firsts, 37@38%c; firsts, } seconds, 34@34%c. Pgss, unchanged; receipts, 28,869 cases, at p and Briefs On Operations in Oil Fields N. Y., N. H., and Hartford Northern Pacific - Papfie Of .—---...- Pan American Petroleum B .. Pennsylvania. People’s Gas ----------—se--- 91 Producers and Refiners -.... 37% almost the entire spring wheat ter- Pure Oil .—.-. corte 18% ritory added to the disailvantage of| Reading —..W 5% the bear side of the wheat market, Republic Iron and Steel ---._ 7 and was an evident contributing fac- Sears Roebuck .. weer Sy tor in some broadening of a specula- tive buying which developed toward the last of the week..In this connec- tion, too, warlike moves in the Bal- kans received a little notice, and so too did reports that the production ‘of wheat in France this seAson would be smaller than had been looked for. Corn and oats were governed chief- ly by the action of wheat. Besides, another good sized weekly decrease of the stock of corn here was ex- pectéd. and there was gossip that the government report on the condition of the corn crop July 1 would be bul- lish. Provisions were firmer, influenced by knowledge that the supply of hogs has lightened somewhat and that domestic cash demand for meata was very good. Sinclair Con Oil ----——-------- 24% Southern Pacific Southern Rallway Standard O11 of N, J. ----———- Studebaker Corporation Texas Co. Texas and Pacific -—----—--- Tobacco Products A -—------- Transcontinenta! Oll Union Pacific U. S. Ind Alcohol United Retail Stores -. United States Rubber ----—--- Steel Westinghouse Electrie -——-— Willys Overland ~-----e—-—=- | Butte and Superior -~--~-. - 23% American Zinc, Lead and Sm. - Colorado Fuel and Iron ------ Montana Power -------—-—-—63%B National Lead .~--------—----1}4%B Shattuck Arionza 1B Standard Oil Stocks PREP ee sccteeceereee 35, 10K couraged by the show! adé by | Buckeye oe 84 85 7, the. shOwIRE -MEGE, BY! Contiiontal’caaae 86% 39 encounteringg the gas sand at this depth as it was not reached in the | Cumberland dings i old wells until past the 1,200 foot 160 mark, which tends to prove the geo- 96 logical theory that this well {s located 25 much higher on the structure, and 115 looks very favorable for coming in 90 @ good producer. 59 INDEPENDENCE, Kans, June 15. iif A quarterly dividend of two dollars | Prairie, Fl 183188 ber share has been declared by the| S0OF 200 --——v1-——--- 829 Atrectors of the Prairie Pipe line com: | 8° Raa anapmaleaaal ay pany, effective June 15, payable July | S: 2 Sener 90% 31 to stockholders of record June 30, 205 the company announced today. 280 a At a meeting of the Consolidated on Royalty Oll company, held June 15, 87 1923, in the office of the company at Casper, Wyo., the regular three per cent quarterly dividend was declared payable on July 20 to stockholders of record July 15, CHICAGO, June 16.— Potatoes, firm; receipts, 80 cars; total U. 3. shipments, 760; Wisconsin sacked round whites, $1.00@1.10 ewt.; few low as 95c cwt; ditto, bulk, $1.10@1.15 cwt; new stock, firm; Alabama,|Mule Creek ~ Louisiana and Mississippi sacked | Sunburst Bliss Triumphs, No. 1, $2.75@3.00: REIN sip AP Ip heated and poorly graded, $2.50@2 South Carolina barrel Cobblers, No 1, $5.75@6.00; mostly $6.00; North Carolina barrel Cobblers, $5.50@5.75; considerably poor heated and poor $4.50@5.00. If you would sell at prices fair, Your files, typewriter, desk and chasr, Then write an ad and send it, care— *f CLASSY FIED The Want Ad “Page'’ a Silver | NEW YORK, June 16.—Foreign| bar silver 65%; Mexican dollars 50% ————->—_—_ Cotton NEW YORK, June 16.—Spot cot: fon quiet; middling 29,10, Frantz Kinney Coaata\ -..1_ Lance Creek Ro: Lusk Royalty Mike Henry Mountain & Picardy Royalty & Producers. .08% 09 Sunset -._____ 1 Tom Bel: Royalty 03 Western Exploration. 3.75 Wyo-Kan -..... 75 Western Oi! Fretas.. 70 $0 Western States -. Glenrock Oil ~ Salt Creek Prds, Salt Creek Con: N. ¥. on Marine Cities Service Com. Call money -.... 147.00 4% per cent Fourth 4%s Livestock Chicago Prices. CHICAGO, June 16.—(U. 8. Depart. ment of Agriculture.) — Cattle—Re. celpts, 500; compared with week ago, beef steers, yearlings and desirable beet heifers, 25¢ to 600 higher; year. lings and beef heifers up most; strict ly choice heavy steers, strong to lic higher; extreme top 1.087 pounds; yearlings, $11.25; best 1,550 pound heavies, beet cows and can- 15 to 250 up; bulls, steady; veal calves, largely $1 higher: stockers and feeders, active, a5e to 60c higher; spots up considerably more; week's bulk prices foliow: Beef steers and yearlings, $9.00@10.50 stockers and feeders, $6.50@7.85; bev! sows and heifers, $6.00@8.50; canners and cutters, $2.85@4.00; veal calves, $9.00@10.25. Sheep—Receipts, 6,000; today's rz celpts mostly direct. Market for week: Around half receipts direct to packers; spring lambs, mostly 75c to $1.00 higher; fed lambs and sheép, strong to unevenly higher; bulk offer. ings native springs; top, $16.35; bulk best Kind, §16.75@16.26; culls, around $11.00; bulk fed lambs, $19.50@14.50 best, $14.75; few cholce yearlings, $13.00; bulk Nght and handy ewes, $5.25@6.25; few to breed 6.50; heavies, mostly @ $1.50@2.50; canners, $2.00 down. Hogs— Receipts, 4,000; good to choice butchers, mostly 10c higher; spots up more; other classes, steady to strong; close weak; top, $7.30; bull 180 to 300 pound averages, $7.10@ 7.30; packing sows, dull, 15c to 26c lower; bulk, $5.85@6.15; desirable Pigs, mostly $5.60@6.25; mated holdever, 8,600; heavy weight hogan, $6.80@7.20; medium, §$6.95@7.30; light, $6.85@7.30; Nght Meht, $6.60@7.15; packing sows, smooth, $5.90@6.40; packing sows, rough, $5.75@6.00; kill ing pigs, $5.25@6.50. Omaha Quotations. OMAHA, Néb., June 16,—(U. 8, De- partment of Agriculture.)\—Hogs—Re- colpts, 6,000; uneven, steady to 5c higher; goed and choice 200 to 350 pound butchers, $6.30@6.60; top, $6.70; medium grades butchers and mixod loads, $6.10@6.25; packing sows, $5.10@5.50, Cattle— Receipts, 150; compared with week ago: Beet steers, good and choice grades, strong to 10@15c/| higher; medium to good grades, 25@abe higher; medium and half fat | yearlings, 25@50c higher; she stock, mostly 25@50c higher, excopt low | veals, 50c higher; spots up| more; bulls, steady to weak; stockers and feeders, steady to strong; bulks follow; Beef steers, $9.25@10.25; top, $10.85; she stock, $5.75@8.00; canners and cutters, $3.25@4.50; bologna bull 50; light veals, $9.00@9.50; 50; stockers and feed- ers, $7.00@8.00. Sheep—Recelpts, 800; compared with week ago: Fed clipped lambs, 25¢ to 50c higher; spring lambs, 50@ Tbe higher; yearlin strong; owes, weak to 25c lower; feeders, firm; closing quotations: Bulk fed clipped | lambs, $14.50@14.60; Idaho and Call- fornia springers, $16.00@16.26; native epringers, $15.75@76.25; ewes, $4.00@ 4.50; week's top, $4.76; feeding lamba Mostly $12.50@12.75; no feeding sheep offered. ———_—— A western bridegroom lost the wed- dipg ring on the way to the altar, T bride was equal to the occasion. Pul ing out a hairpin she bent it into a ring and was married with it. Caroline Hershel, the discoverer of eight comets, and the aecomplished} partner of her brother's astronomical | labors, never could remember the mul- plication table, and always had to " carry @ copy ef it about with her. Casper Daily Critune INN, Y. MARKET BUYING DEARTH Failure of Exchange Is Re-|Decline Comes After Show- flected In General ing of Some Strength Weakness At Opening NEW YORK, June 16.—Conflicting price movements took place at the] speculative buying brought about a opening of today’s stock market but] decline in wheat prices today after the main price tendency appeared to] some show of strength in the ea: be upward. United States Steel, Bald-| dealings. The close was heavy, Sc win, Studebaker, New York Central} to 1%c net lower, with July $1.10% and Union Pacific all opened fraction-| to $1.10% and September $1.09 to ally higher. Hupp Motors dropped | $1,09%. % to a new low for the year and heaviness again cropped out in some of the low priced oils. Price movements continued irreg- CHICAGO, June 16.—Dearth of CHICAGO, June 16. — Although wheat underwent a moderate down wlar in the early trading with most | turn in price today at ren aeeeties of tes oils up fractionally. Lorillard | Tally soon took place. slumped 5% polnts and Adams Tx-| Weéknesa was ascribed largely to sel- > ling on account of views expressed by press and DuPont one each. ‘The | UNS a ere euros, 0, failure of Knauth, Nachoa ana } Secretary Wallace i P cub were due to over-production. How. ras rt! t Fubbe. rex enogunped shersly ectey ever, crop damage reports from Mis. ie opening. “With ¢ tion of ba gare hi AM A ee sourl and other places that have slightly to $4.61 5-16, foreign ex-| hertofore been stnding good reports 3 jed quickly to an upturn in values changes were easier. French francs I The opening, which varied from un i i i a were off two points at 6.30 cents an clinhapd | flaures to, aGilawer, with G r opp to .0008% a padi aides aise pr Nn “ “| uly 111% to 111% and September = Eid Sede teas: 109% to 109%, was followed by further declines and then by an ad vance to above yesterday's finish. Subsequently there was consider able selling of July against Spreads with September but general demand was small and the market went down grade. Active buying on the part of com. mission houses gave strength to corn After opening at % decline to %c advance, July 82% to 82%, the corn market scored a substantial genera} advance, Buying ceased when wheat turned weak. Corn prices then receded and the close was weak at a shale to Ke @ic net decline. July $14 @% to 81%c Cats were firmer with corn, open- Ing at about %c gain, July 41%. The market underwent a slight sag but then all deliveries showed gains. Higher quotations on hogs steadied the provision market BEAR SELLING IS FEATURE OF MARKET WEEK Reactionary Trend Noted, With Absence of Public Interest In Stocks NEW YORK, June 16.—Stock and prices displayed a reactionary trend during most of the week with the trading of a desultory nature. The marked absence of public inter- est In the stock market and the lessened activity of operators on the long side induced considerable bear | selling and some liquidation by tire1) Wheat— Open High holders of long stock. | July 1.11% 1.12 There were several constructive de-| Sept. - 1.09% 1.10% velopments during the week, one of | Dec. 112 1.12% the most important of which was the | Corn— raising of the annual New York Cen-| July -. 83 tral railroad dividend rate from $5 to Sept. 78% 37. Considerable significance was at-| Dec 68% tached to this because of the presence | Oats— of powerful financial interests on the} July 42% board of directors. | Sept. - 38 Resumption of dividends by the! ne 39% American Smelting and Refining com. | Lard— pany testified to the improvement tn/| July 11.27 11.30 11.25 11.27 the copper industry. | Sept. -11.50 11.50 11.60 11.50 Railroad shares offered good re-| Ribs— i sistance to selling pressure, some of | July - 9.35 9, 9.35 9.42 the low priced carriers being in good) Sept. ----- 9.60 9. 9.50 9.67 demand because of high current} earning. Latest weekly carloading| Cash Grains. statement showed a slight decrease| CHICAGO, June 16.—Wheat—No. 2 but this was explained by the me:/ hard, $1.12. morial day holiday. Corn—No. 2 mixed, 84%c; No. 2 yellow, 85@85%c. Oats—No. 2 white, 44@44&c; No. white, 42% @48%c. Rye—No. 2, 65c. Barley—65c. Timothy seed—$5.00@6.50. Clover seed—$15.00@17.50. Pork—Nominal. Over production of Callfornia crude of] continues to have a depressing effect on the oil shares, most of which established new low records for the year, Reports that this flush pro- duction had about reached its peak failed to stem the tide of liquidation which has been in progress for sev- eral weeks. Lard—$11.25. Announcements of lower tire prices Ribs—$8.87@9. ——— with indications of a “price war" brought about heavy offerings of the tire and rubber stocks all of which touched new minimum prices during the week. Steels and equipments also lost ground, the former on further reports of @ curtailment of forward buying. A piece of pine scantling. 2 by 4 inches, was found embedded in the heart of an oak tree cut down near Orange, Tex., the other day. It is believed that the scantling wag driven into the tree during a great storm {1 1866, (a te Mrs. Sarah Turner of Washington, ———— The organized labor movement in one of the few women in the| Great Britain haf experienced a de. United States who follow the trade} cided slump during the past two or of a locksmith. She has built up al/three years. During that period the Successful business as a key maker/kotal membership of the British trade and expert in locks. unions has decreased about 1,500,000. Train Shed Fire Endangers:M siege Dart of railway employes saved the lives of nearly ' Quick work on the 200 passengers in sleeping cars when fire broke out in Philadelphia’ Broad Strect Station train shed at one o’clook in the morning. After a long Sight the fire was subdued, but not until the lofty arched, gigss- covered shed was in ruins and $2,000,000 damage bad been done. PAGE FIVE. = 2 9% 95% Danish Municapal §& ‘A 107% 107% Dom. of Canada 5s, 195 99 99 French Republic, s 5 9% 95% Japanese 43 ~ 81% 81% 81% Kingdom of Bo'gii 103% 102% 103% Kingdom of Norway 93% 95% 98% Republic of Chilé 103% 103% 103% State of Queenslan 100% 100% 10034 U. K. of G. B. and I., 103% 103% 103% American Smelting 5s 91 90% 90% American Sugar 68 -_ 102% 102% 102% American Tel. and Tel 6 «116116 American Te!. and Tel., 97% 96% 97% Anacanda Copper 7s, 193 101% 101% 101% Anaconda Copper 8s, 1953 84 84 84 At. T. and San Fe gen., 88 87% 87% Baltimore and Ohio ev 4% 79% 795% 79% Bethelehem Steel con 6s, Ser 98% 98% 98% Fanadian Pacific deb 4 19% 7 79 Bur. and Quincy ret 5s A 80 79% 80 Mit. and St. Paul ev., 4i%s - 66 65% 65% {hile Copper 6s 100% 100 100% Goodyear Tire 7 (116% «1164 Great Northern A 108% 108% 108% Montana Power 5s A 97% 97% 9TH Northern Pacific ref. 108% 108 108% Northwestern ell Tel. 7s. 10T% 107% 107% Pacific Gas and Electric 538 91% 91% 91% Penn R. R. gon., 68 100 99% 99% Sinclair Con O11 col 98% 98 98 Southern Pacific c 91% 91% 91% Union Paelfic first 91% 91% 91% U, 8. Rubber 6s 87% 8615 86%; Western Union 6 . 109% 109% 109% Westinghouse Electric 107% 107% 107% Wilson and Co., cv. 83 88 88 Oldest woman postmaster tn the United States {s Mrs, Elen M. Rolles, eventy-five, who for the Dast ten years has been in charge of the post- office in Iymberton, N. M. ————— its manufacture from the parent wire and the world at large ts estimated tc use up something like seven millicr neodles every day. The International Molders’ Untot Every needle ts subjected to some| has expended nearly $4,500,000 in sick twenty-two different processes during | benefits since 1895. LS “Tt was at this point that she un- folded her plan. Why shouldn't they marry; belong to each other openly and honorably, if for ever so short a time? And with the denfiite understanding that whenever either of them got the chance to do better he or sho should be immediately released? The law of their country facilitated such exchanges a And so they and society was beginning to view them as indulgently as the law.” were oie Mes Married ! “THE GLIMPSES . OF THE MOON” ee with Dwan’s Bebe Daniels Paramount and Nita Naldi Picture Starting Four Days TOMORROW RIALTO ARABIAN CIRCUS Under the Cc ASPER American Auspices Legion East Second and Lowell Streets STARTING MONDAY, JUNE 18 * 6 Days and Nights CLARENCE-A-, ORTHAM Wor.o's Best SHows beaturing rapes Violet Hi y Daisy and ton, San Antonio's Grown-Together Girls THE BUTTERFLY A Wonderful Ride NOAH’S ARK Ride It For Fun TANTLINGER'S “TEX-MEX” WILD WEST Champion Men and Women Riders and Ropers THE BUG HOUSE A Maze of Mirors MONKEY CIRCUS Forty Funny Actors THE KARN FAMILY OF FAT FOLK 2424 Pounds—Six Persons—2124 Pounds THE JAZZER A House of Mystery THE WHALE SHOW Fine Deep Sea Display IR4 AND HAZEL WATKINS SILO AUTODROME With the Speediest Speeders in the World JUNGLELAND Dwellers From Jungles CIRCUS SIDE SHOW The Best and Biggest WATER CIRCUS WITH CHAMPION DIVING GIRLS That Work in and Under Water With Trained Seals THE WHIP The Snappy Ride THE SEAPLANES A Fast Aeria! Ride THE ROCKY ROAD TO DUBLIN In a Rocky, ocky Craft Where Each Rock Gets a Laugh THE MERRY-GO-ROUND 3 Abreast and Galloping FERRIS WHEEL ind Little Folk's Fairy Swin ‘ CATERPILLAR Furlous, Fascinating—SLOW IN NAME ONLY EARTH'S GREATEST RIDE Fast,