Casper Daily Tribune Newspaper, June 20, 1923, Page 7

WEDNESDAY, JUNE 20, 1923. Oil - _ Progress Reported on Important Operations In _Many - Fields But No Completions Are Announced for the Last Week The Midwest made no completions in the Salt Creek field last week. The status of the company’s wildcat wells and those in the Baxter Basin and Elks Basin fields is as follows: Wilcats, Neiber dome test well, depth 2,660 fest, drilling. : Midway test well No, 2, depth 4,745 feet, drilling. Miguel creek, New Mexico, No, 1, depth 940 feet, drilling, hole full of water. Hogback No, 27, depth 657 feet, Baxter Basin Field. ‘Well 1-X, NE% sec, 36-18-104, depth 2,050 feet, drilling. Well 29, SE 25-18-104, depth 2,012 feet, getting ready to.cement. Well 11 NE sec. 2-17-104, depth 1,780 feet, drilling. - Elks Basin Field. ‘Well 1, Elk 11, depth 290 feet, straightening hole. Well 1, Tip 2 depth 1094 feet shut down waiting for 10-tnoh casing. ‘Well 1, Tip 7, depth 290 feet, drili- ing. ‘Well 10, Elk 7, depth 1,492 feet, pumping on beam. ‘More Gas Is Uncorked In Baxter Basin Field Well ROCK SPRINGS, Wyo., June 20.— Whe latest gas find in the Baxter Basin oll field, which occurred this week, proves a gas structure larger in area than most geologists gave it credit for a year ago. Through actual tests the structure measures 10 miles in length and more than three miles in width, being the larg- est area in the west. The Associated-Montacal No, 1 in wection 23-17-104 found 1,000,000 cubio feet of gas in a black shale et 3,145 feet last week. They are about 25 feet above the regular gas sand found by the Midwest and Ohio companies. They are mudding off the gas and within the next three or four days will resume drilling at this location. In section’ 26-17-104, the company is rigging up. ‘The Montacal Of! company remains idle in section 24-17-104, awaiting de- velopment and is drilling in section 18-16-103 at 35 feet. The Producers and Refiners in sec- tion 86-17-104 are drilling at 570 feet. In section 13-17-104 they are running their 15%-inch pipe at 900 feet. The Continental Oil company in section 8-16-104 is- waiting for casing at a depth of 509 feet. ‘William Keck, section 27-17-104, Is waiting for boilers and other supplies. The Petrogas Of] company is wait- ing for rig bullders for section 1-16- 104. Oil Activity Increases In Vicinity of Evanston EVANSTON, Wyo., June 18.—J. F. Castell, representing the Sinclair Ot) corapany, was in Evanston last week on company business. Mr. Castell is very enthusiastic over the possibilities of the Spring Valley field, and believes that production depends only upon ac- tual development. According to Mr. Clinton of Kemmerer, the Sinclair has leased quite a little of his land near ‘Waterfall and will have a standard rig working on it by July 1. ‘There have been very few dry holes drilled in this field, and those to only a shallow depth. The fact that the Sinclair Oll company is one of f big companies insures a real test ae summer, something that this field has never had. Geo. Putman and Mr. Dill of the Empire Drilling company of Santa Fe Springs, California are in Evanston looking over the field in anticipation of making a deep test of the structure this summer. ‘The Vulcan Oil & Refining company will have a drill in operation by July first on their property just north of where the Production Ojl & Gas com- pany have been producing for many years. ‘This well will be drilled into the Bear River sand, which lies at a shallow depth at this point. During the past week E. F. Waldner, pe- troleum geologist of San Francisco, has been making drilling locations for the company. That this field ts attracting atten- tion Is evidenced by the increased number of ofl operators visiting the field. There seems to be every indi- cation of intensive development here this summer, and judging frcm the size of the companies who are inter- ested, the field will soon be a well known one. Market Gossip and Briefs New Well In Hamilton THERMOPOLIS, Wyo., June 20— ‘The Phebus Oil company completed its test well into the Embar sand at Hamilton Dome, bringing biack oil production of 150 berrels or a little better at a depth of 2,900 feet. This oil is the same as that in two other shallower wells in the Embar sand at higher locations on the struc- ture in that fleld, but the production is greater in this well than in the ‘others. We understand that it is the in- tention of the company to plug this well and to do no more drilling on its ground there at present. The mar- ket price today for that grade of oil is not good and matters will be al- lowed to rest until black oil prices come up. The upper sands at Hamilton Dome are good producers of a fine ofl and the wells in these sands will con- tinue to be kept going up to the con- trect capacity. Drilling into the | deeper sands will probably be allowed to rest where it is until demand for the heavier ofl becomes more actlye. Deep Test Projected CODY, Wyo. June 20 — Oper» tions have been started by the En- alpac Qil company to drill a deep test well on their hokings in Oregon basin and already trucks are assemb- ling equipment for the drilling. The site chosen for the well is in the southern part of the Oregon Basin structure, about four milés to the south of the well which is being riled by the Ohlo company. The Enalpac company has large holdings in Grego; basin, a great deal of which is patented land, and although they have heen inactive since before the war, {t is hoped that now operations are to.be resumed, they will develop this immense gas and oll field. Gas in commercial quantities has already been drilled in in the several welln put down several years ago, and hope springs anew that Cody may possibly have it for domestic use in the near future. Gasoline Production Up. Petroleum refineries of the country, in the tremendous effort to supply Hquid fuel for the nation's millions of internal-combustion engines, pro- duced gasoline at tho rate of 20,634,756 gallons per day during the month of April, establishing a new high record — On Operations in Oil Fields rate of daily production in the indus- try. The nation’s stock of gasoline May 1 amounted to 1,336,417,871 gal- lons, attaining a new high record mark. This exceeds by 77,000,000 gal- lons the figures for April 1, which had previously constituted a record. Bae act as Stock Exchange Firm Is Forced To Wall Today NEW YORK, June 20.—Zimmer- man and Forshay, one of the leading members of the New York Stock ex- change, failed today, An involuntary petition in bank- ruptcy was filed in the federal court against the firm and its members. Leopold Zimmerman, senior mem- ber of the firm, in a statement, attri- buted the fatlure to “persistent rum- ors affecting our credit,” which he said had been circulated from “an un- known source.” He declared he believed the firm was wholly solvent. Hamilton Vreeland, counsel for the firm estimated the assets at $9,000,- 000 and the Mabilities at $7,500,000. The failure, announced from the rostrum of the exchange was the sec- ond crash of a stock exchange house to be recorded within a week. Knauth, Nachod and Kuhne went in- to involuntary bankruptcy last Fri- day. Potatoes CHICAGO, June 20.—Potatoes, dull; receipts, 64 cars; total United States shipments, 580; Alabama and Louis- jana sacked Bliss Triumphs, No.~1, $2.75@2.90; some decayed requiring $2.25@2.50; . Mississippi sacked Bliss Triumphs, No. 1, $2.65@ North and South Carolina bar- reled Cobblers, $5.25 with an occasional car at $5. ae of ob ee Men who enter a Swedish shop to Cake a purchase are expected to raise their hats to the owner of the shop. ae inance -- Bonds -:- Stocks ‘NEW WELLS LACKING “IN MIDWEST REPORT =—=-=—> New York Stocks Cah 22 American Car & Foundry --.. 166% American International Corp... 18% American Locdmotive ------.. 132 American Smelting & Ref'g. -- 57% American Sugar —~... —- 67% American T. & T. 120% American Tobacco —~...------ 141% American Woolen 85% Anaconda Copper 39% Atchison -—-_-_4. 101% Atl, Gulf & W. Indies — Baldwin Locomotive Baltimore & Ohio Bethelehem Steel California Petroleum Cerro de Pasco Copper -.—. Chandler Motor Ex -. Chesapeake & Ohia -. Chicago & Northwestern -. 15 Chicago, Mil. & St. Paul, pfd.. 35 Chicago, R. I. & Pac 28 Chile Copper ---------- - 24% Chibo Copper j--. 107 Consm@idated Gas .. 59% Sorn Products -.—. 130% Cosden Oil - Crucible Steel -. Cuba Cane Sugar, pfa - - 43% Drie, .-- ad - 11% Famous Players-Lasky - 74 Asphalt ~ Clerieral MMleitria General Motors - Great Northern pfd Gulf States Steel Illinois Central - Inspiration Copper - General International Harvester Int. Mer, Marine pfd 26 International Paper 37% Invincible Olt 10 Kelly-Springfie'a 34% Kennecott Copper 32 Lima Locomotive - 60% Louisville & Nashville Mack Truek, ex div Marland Oil (36) ex div - Maxwell Motors B - Middle States Ot Missouri, Kan. & Tex. Missouri Pac. pfd New York Central ----. N.Y. N. H. and Hartford u Norfolk & Western -. — a Nodthern Pacific " Pacific Oil ennnn-- 88% Pan American Petroleum - 59% Pennsylvania Peowld's Gas. Producers & Refiners -. Pure Ot Reading Republic Iron & Steel -. Sear s Roebuck Sinclair Con. Oil Southern Pacific Southern Railway Standard Ol) of N, J. Studebaker Corporation Texas Co. -. Texas & Pacific Tobacco Products A Transcontinental Oll Union Pacific United Retail Stores U. 8. Ind. Alcohol United: States Rubber United States Steel 90% Utah Copper --—--. sae C Westinghouse Blectric --..--- 54 Willys Overiand ---.--------- 5% Amer. Zinc, Lead & Sm --—-- 9% Butte & Superior -. jeannn= 107% Colaradi Fuel & Iron --------- 27% Montana Power REE BY National Lead --—----—------ a Shattuck Arizona -----—----- ——————_ Standard Oil Stocks Anglo --—--—--———-- 15 15% bar. canteens (SEG. 64% Continental ee 39 Cumberland onwcnces 100 © 108 Calena ------—----— 105 106 Minois --——--—~-. 167 160 Trane ---—--- 96% 97% Nat. Tran, -------- 112 «115 Nor. Pipe - 96 99 Ohio Oil -.-—------: 58 60 Prairie Ofl ------——---- 180 194 Prairie Pipe —--------~-= 103% 104% Solar Ref. ---------——- 165 175 8. 0. Ky ---—-—-. 8. 0. Nes micccaccanasee 310 230 S. O. N, ¥, —------—---- 37 8.,0. Ohio --—-—------- 277 Crude Market eecccenwenenennneenan $1.75 1.70 1.70 1.70 Cat Creek Lance Creek Rock Creek Salt Creek Hamilton - Mule Creek Sunburit Butter and Eggs CHICAGO, June 20.—Butter lower; 9 andars firsts 35¢@ Eegs unchanged; receipts 24,631 cases. fi Aa SRE : Silver NEW YORK, June 20.—Foreign bar silver, 65%c; Mexican dollars, 49%c. WHEAT GIVEN Oil Securities 28 2h Big Indian -____ 17 Bt) Boston Wyoming 95 1.00 Buck Cresk - 113 15 | SS 30 Blackstone Salt Creek .28 30 Chappell —______. 34 +36 Columbine ~_.. 10 12 Capitol Pete ~.. 00% 00% Consolidated Royalty. 1.27 Lusk Royalty Mike Henry ~ Mountain & Guif — New York Oil Outwest .. Red Bank . (Picardy ---------— .03% 04% Royalty & Producers - .07% 08 — 201 02 OL 103 Western Exploratiqn— 3.65 3.70 Wyo-Kan --.---.. -70 15 Western Oil Fretds 70 80 ‘Western States 18 20 Y OU ......-. 10 NEW YORK CURB CLOSING Mountain & Gulf ~. 1,30 1,32 Mountain Producers 14.37 Mammoth --. 56.00 Glenrock Ot 85 It Creek Prds 16.00 Salt Creek Cons. 9.00 N, ¥. Oil 10.00 Marine 5.00 Mutual 10.12 8. O. Indiana ---.. 54.50 54.75 Cities Service Com 00 134.00 Call money ---- 4% per cent Bes -. Ist 4s 2nd 4s Int 4%s 2nd 4%s trad 44s - 4th 4%s Livestock Chicago Prices. CHICAGO, June 20.—(United States Department of Agriculture)}—Hogs— receipts 22,000; slow; better kinds mostly 10c higher; big packers bidding steady; bulk good and choice 150 to 400 pound averages $7.50@$7.70; top $7.75; bulk packing sows $6.25 @$6.60; pigs 50c to 76c higher; good and choice 120 to 130 pound averages mostly around $7.25; heavyweight hogs $7.10 @$7.55; medium $7.25@$7.75; light $7.20@$7.70; light light $7.00@$7.50; packing sows smooth $6.25@$6.75; rough $6.00@$6.50; killing pigs $6.00 @s7 5 Cattle—Reclepts 1100; beef steers, yearlings and better grades beef heif. rs moderately active; steady with Tuesday’s advance; early top heavies $11.20; some held higher; several loads $11.00@$11.25; yearlings fairly numer: ous; lower graders stock weak; tend- ing lower; other classes generally steady; bulle desirable veal calves to packers $9.50 @ $10.50; upward to $11.00; outsiders; desirable bologna bulls $4.65@$4 plain light below $4.25. Sheep—Receipts 18,000; lambs about steady; early top natives $6.40; bulk $16.00@$16.25; decent culls mostly $11.00; no westerns here; nearly two thirds recelpts direct to packers; sheep scarce; strong to higher, Omaha Quotations. OMAHA, Neb., June 20.4U. 8. De- partment of Agriculture.)—Hogs—Re- ceipts, 12,600; uneven; fairly active; mostly 10@15c¢ higher; bulk butchers, 200 to 350 pound averages, $6.50@ 6.90; top, $7.05; bulk mixed loads, 240 to 400 pound average, including Mghts and packers, $6.25@6.50; pack- ing sows, strong to 25c higher; bulk, $5.50@6.00; smooth kind, $6.25. Cattle—Receipts, 6,300; beef steers, strong to 10@150 higher; spots up more; 1,350 pound averages, $10. bulk, $9.25@10.60; best grades she stock, strong, 10@15c higher; others, mostly steady; one load, 800 pound heifers, $9.25; bulk cows and heifers, $6.00@8.35; bulle canners and cutters, $3.25@4.50; bulls, steady; veals, strong; stockers and feeders, steady to strong; bulk bologna bulls, $3.75@ 4.25; practical top veals, $10.00; bulk feeders, $7.00@8.00. Sheep — Receipts, steady to 25c lower; bulk natives, $15.25@15.75; bulk Idahos, $15.50@ 16.00; top, $16.00; best light fed year- lings, $14.60; sheep, slow, steady; light quoted up to $5.50; feeders, steady; best feeding lambs, $12.78. . 4,000; lambs, Denver Prices. DENVER, Colo., June 20.—Cattle receipts 300; market steady; cows and heifers $4.50@$8.50; calves $4.50@ $11.00; gtockers and feeders $6.00@ $7.75. Hogs— Receipts 1,200; 10c@150 higher; top $7.8 @$7.30. " Sheep.Receipts 400; market steady; yearlings $10.00@$12.00; lambs $14.00 @$15.00; ewes $4.50035.00. Pirie salbe tc att dette Metals NEW YORK, June 20.—Copper— Quiet; electrolytic, spot and futures, 16% NEW YORK, June 20.—Spot cot-| Tin—Firmer; spot and nearby,| ‘°% quiet) middiing, $27.65, | $40.87; $40.62 pm j igs 4 2 ; | on—Steady; prices , * hree pleco Karpen fiber suites in yar eet! 5 Pe anne % frosted Baronial brown finish, tapes ais ee POEs BELEN. try upholstering; two large rockera| Zino—Quiet; fe Louls spot land fifty inch settee, while they last and nearby, $5.90@5 lat $69.50 the set, At Callaway's Fur Antimony—Spot, $6.75 @6.86, niture store, 133 BE. Second, i Che Casper Laily Tribune Grains HARP SETBAGK Severe Decline Marks Late Trading In Chicago and Close Is Weak CHICAGO, June 20.—Heavy selling on the part of houses with eastern conection carried September and De- cember wheat down today to a new low record price for the season. The heavy selling took place after an- nouncement of another important failure on the New York Stock ex- change. Wheat closed weak, 2%c to 3%c net lower with July and Septem ber both $1.03% to $1.04. CHICAGO, June 20—With improved Prospects of export business, wheat averaged higher in price today during the early transactions, European purchasing on a large scale yester day and the day before made dealers hopeful that export demund for Unit- ed States wheat would continue, es- pecially as Canadian wheat is at a premium. Besides, extreme cold Weather in France and Great Britain tended also to give an advantage to the bull side of the market here. Open ing prices, which ranged from \c de. cline to %c advance with July £1.07% to $1.07% and September $1.06% to $1.06%, were followed by a ht general sag and then by a rise to well above yesterday's finish. In the last half of the day, buying power diminished and the market dropped as a result of eastern selling. Covering by shorts gave a lift to the corn market, After opening un changed to %c higher, July 3c, prices scored a material ad all around. After equaling the high price rec- ord for the season, profit taking set in and a reaction ensued. The close was unsettled tic to %e ret lower with July 82i%c to 82%c. Oats were firmer with corn, start- ing at a shade decline to a like ad vance, July 40%c to 40%c and later making a general upturn. Provisions reflected the firmness of hog values. Wheat— Open High Low Close July ~----- 1.07% 1.07% 1.0314.1.03% Sept. ~~ 1.06% 1.07% 1.03% 1.03% 1.09% 1.09% 1.06% 1.06% 82% 83% 82% 18% 19% 11% 8715.68 66% ALY 40 88% 37 39% 138% 11.22 11.12 11.42 11.35 ees = 9.32 9.65 9.55 9.57 CHICAGO, June 20.—Wheat—No. 1 hard, $1.08@1.08%; No. 2 hard, $1.08%. Corn—No, 2 mixed, 85% @85%(c; No, 2 yellow, 864% @87%. Oats—No. 2 white, 42% @43%c; No. white, 42@43c. Rye—No. 4, 64%c. Barley—62% @66c. Timothy seed—$5.00@6.50. Clover seed—$15.00@17.50. Pork—Nominal. Lard—$11.07, Ribs—$9.25@10.00, Sugar NEW YORK, June 20.—There was a better inquiry for refined sugar beth in the way of withdrawals on oid contracts and new business, prompted by the continued warm weather. Prices were unchanged at $9.25 to $9.90 for fine granulated, Sugar futures closed steady; ap- proximate sales, 42,000 tons. July, $5.31; September, $5.37; December, $4.97; March, § Foreign Exchange NEW YORK, June 20.—Foreign ex- changes, steady. Quotations in cents: Great Britain, demand, 4.62 1-16; cables, 4.62%; 60 day bills on banks, 4.60 7-16. France, demand, 6.24%; cables, 6.25. Italy, demand, 4.67%; cables, 4.67%. Belgium, demand, 5.82%; cables, 6.33. Germany, de- mand, .0008%; cables, .0008%. Hol- land, demand, 29.21; cables, 39. Norway, demand, 16.63. Sweden, de- mand, 26.47. Denmark, demand. 17.90%. Switzerland, demand, 17.95%. Spain, demand, 14,87. Greece, de- mand, 3.55, Poland, demand, .0007%. Czecho-Slovakia, demand, 3.00%. Ar- gentine, demand, 35.63. Brazil, do- mand, 10.75. Montreal, 97 11-16. i Money NEW YORK, June 20,—Call: mone. firm; high, 6; low, 5; ruling rate, 6; closing bids, 5; offered at 5; last loan 5; call loans against acceptances, 4%; time loans, steady; mixed collatera 60-90 days, 4%@5; 4-6 months, 5 prime commercial paper, 5. PAGE SEVEi - Livestock -:- All Markets STOCK RALLY |S NOT SUSTAINED Firm Opening Upset by Fail- ure of Another Stock Ex- change Member Czechoslovak Rep. 8s ctfe -. Danish Municipal 88 A ~. Dom of Canada 6s, 1952 —-—~. French Republic 7%s Japanese 4s ~-_-.. Kingdom of Belgium 8s 102 <ingdom of Norway 6s 93" NEW YORK, sune 20.—Announce-|qorrue OF Crna Sa 1946 ment of another stock exchange fai!- CK of GB & 15148, '37 —. 103% 103% 103: ure following yesterday's authorita- tive report that no member was In difficulty, precipitated a flood of Uquidating orders by frightened in- vestors. Spetulators for the decline selzed the opportunity also for ag. gressive short selling. The market had shown considerable strength earlier in tho day, prices rising one to three points on the belief that forced liquidation had been completed. Sales approximated 1,100,000 shares, RAILWAY AND MISCELLANEOUS Amer. Amer, Amer, Amer. Anacdnda Cop. 7s 1938 Anaconda Gop. 8s, 1953 At T & San Fe gen 4s Baltimore & Ohio cy 4% Beth Steel _con 6s, Ser. A --— nadian Pacific deb 4s ——- hi Bur & Quincy ref 5s A Chile Copper 6s Gootyear Tire 8s, Great Northern 7 tontana Power 5 rthern Pac. ref orthwestern Bell Pacific Gas & Elec. 5s NEW YORK, June 20.—Prices dis- played ‘a firm tone at the opening of today’s stock market. Buying opera tions were resumed in United Stat B ‘el Steel common, Studebaker, Consoli-| © dated Gas, and Kelly Springfield, all eataie tates agen of which opened fractionally higher.|gouthern Pacific ov. 4e— There were a few heavy spots, Phila- delphia Coal and Coke yielding slight- ly to a new low for the year, Initial strength was well main- tained, Baldwin, Kelly Springfield, Houston and Phillips Petroleum ex tending their gains to a point or more. The demand was most effec: in the oils, motors, equipments. is and rails. Some of the coppers were heavy but Cerro De Pasco ad vanced a point. Forelgn exchanges ned irregular, Steadily rising prices characterized . Rubber 5s Utah Power & I Western Union Westinghouse El Wilsan & Co. cv. broke sharply in the late dealings on Hquidation of pool holdings, selling by frightened investors and aggres- sive short selling. Virtually the en- tire list sank to. new low levels for the year with United States Steel falling below 91. atl A en the best that ean be obtained tn th line. pone eee It is atimated that about $80,000,0¢ is spent every year in the Unite States in the drilling of dry holes b persons searching for oil. witebasael st sebaneat tendo 2 the morning trading. Motors were Flax Seed. particularly strong on reports of| DULUTH, Minn., June 20.—Closing NOTICE. sreatly enlarged earnings and expec-| fax: July, $2.55; September, $2.48; I have moved my office from tations of higher dividends. ‘The ra- October, $2.39 bid. the Daly building to Room 6, Kim- pidity of the advance in certain oil, equipment and sugar shares indicated that eee meg nrees | the recent reaction had been| | overdone. Advances of a point «Mrs. Ethel C. Lynch more were quite common, American . i] Can, General Electric, Baldwin, corn| Now Public Notary, bal} building, over Kimball's, Cen- ter street drug store. JOHN M. HENCH, Lawyer. Poducts, Houston Oil, Mack ‘Truck and Stromberg Carburetor, sold two to three points above yesterday's final figures. Call money opened at § per cent. Spectal liquidation broke out again on the announcement of another stock! exchange failure. Burns Brothers A, slumped nine points and B stock 6%.| work for the public including the Consolidated Cigar preferred also| drawing of deeds, mortages, and allied sagged 744. Maniti Sugar preferred| legal papers. seven points and United States Smelt-| Mrs. Lynch was formerly steno-| ing 3%. Traders who had bought|srapher for Governor William B. stocks for a turn in the afternoon,| Ross, S. G. Hopkins, former assistant | threw over their hord:ngs and the ac-| secretary of the interior, and ex-com- tive Ust fell back sharply with par-| missioner of public lands of the state ticular weakness in American Loco-| of Wyoming, and Ray E. Lee, also motive. That stock falling 3 points! ex-commissioner of public lands of under yesterday's final figures. lanis state. The closing was weak. Pptces|__Her work can be remcommended as NOTICE moved my office from 2 Midwest Building to ROOM 3, NEUMAN BLOCK 285 East Second Street DR, N. E. MORAD Mrs, Ethe] C. Lynch, stenographer and notary Qunllc for five and a half years with Hagens & Murane has! just opened an office in Room 301 Consolidated Royalty building. Mrs. Lynch will do general stenographic Surveying ard Locations Geologists, ON Experts, Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. 0. Box 325 Room 10, Daly Bldg, NOTICE To Taxpayers and Ex-Service Men Final meeting of the County Board of Equalization June 25, 26, 27, at which time objections to 1923 assess- ment must be made. All exemptions of ex-service men must be made by this time. | All real property in Natrona County has been assessed, some from records and duplicate mail. If you have failed to receive your duplicate, same can be had by calling at the assessor’s office. The following Articles 2352 and 2354 from Chapter 157, Tax Laws of 1919, State of Wyoming, are self expla- natory. SEC. 2352. COMPLAINT BY AGGRIEVED PERSON—HOW, MADE—Any person desiring to make complaint to such board of equal- ization as hereinbefore provided, shal! file with such board a statement under oath, specifying the respect in which the assessment complained of is incorrect, to which verification may be made by the person assessed or whose property is assessed or by some person authorized to make such statement, and who has knowledge of the facts stated therein. (L. 1899, ch. 47, Sec. 1; R. S. 1899, Sec. 1788.) SEC. 2354. FAILURE TO APPEAR — CONSEQUENCES __ VALUE FIXED. If any such person or his agent or representative shall wilfully neglect or refuse to attend and be so examined or to answer any material ques‘ion put to him, such person shall not be entitled to any reduction of his assessment. Minutes of the examination of any person examined by the board of equalization, upon the hearing of any such complaint, shall be taken and filed in the office of the clerk of such county. The said board shall, after such examination, fix the value of the property touching which such complaint wag made, and for that purpose may diminish or increase the assessment thereof, (L. 1899, ch. 47, Sec, 1; R. S. 1899, Sec. 1790), LYLE E. JAY, County Assessor, 21, 1928) (June 19, 20,