Casper Daily Tribune Newspaper, August 4, 1923, Page 4

Oil -:- Finance -: Bonds -:- Stocks =: Grains - SETBACK GIVEN STOCKS TODAY Speculative Leaders Take Lead In Decline at New York Opening NEW YORK. es in today's played a heavy ing of the usua Aug. 4.—Opening stock market dis tone with active sell speculative leaders. Studebaker, A Woolen, the Pan-American Cuba Cane Sugar, preferred, International Pape’ and Southern Railway dropped 1 to 2 points and American Car 3. Baldwin United States Steel yielded frac tionally. Support was not long in forthcoming, however, and initial losses in many cases were reduced. Houston dropped four points but the breaks in other active stocks were held to three points or less with good buying support In evidence at the lower levels. Northern Pacific off 2%, and Chicago Northwestern off 1%, each established new lows for the year. Foreign exchanges opened ateady can issues, Livestock Chicago Prices. CHICAGO, Aug. 4—(U. 8. Depart- ment of Agriculture.) —Hogs—Re- celpts, 11,000; good and choice lght, 25 to 400 lower than early Friday; others mostly 25c lower than Friday's average; bulk good and choice 160 to 240 pound averages, $7.65@7.85; top. $7.90; bulk desirable 250 to 325 pound butchers, $7.30@7.60; packing sows, mostly $5.90@6.10; estimated hold- over 8,000; heavy welght hogs, $7.00 7.65; medium, $7.30@7.90; light 7.00@7.85; light light, $6.75@7.70; Packing sows, smooth, $5.80@6.30; packing sows, rough, $5.60@5.80; kill- ing pigs, $6.00@7.00. Cattle—Receipts, 500; for week: Better grades grain fed beef steers, yearlings and fat she stock, 50 to 75c higher; yearlings up more in spots; {inferior and common grades, mostly grassers, dull; little change; top ma- tured steers, $11.80; best long year- $11.70; canners and cutters, to strong; bulle, 50 to 78e vealers, $1.00 higher; Stockers and feeders, steady to lower; week’s bulk prices follow: Beet steers, $8.90 @10.50; stockers and feeders, $5.00@ 4.50; beef cows and hetfers, $4.75@ 4.50; canners and cutters, $2.60@3.50; veal calves, $10.75@11.50 Sheep—Receipts, 600; today’s re ceipts practically all direct; for week irect around 3,500; western run 181 doubles; compared with week ago Fat lambs, feeding lambs and year lings, 25 to 50c lower; culls, mostly 0c higher; aged stock, 25 to 50c higher; closing top western lambs, $12.50; practical top, natives, $12.00 culls, $8.50@9.00; medium and handy weight ewes, $5.25@6.50; cholge light weight, $7.50; heavies, $3.90@4.50 bulk feeding lambs, $11.75@12.50. Omaha Quotations. Neb., Aug. 4—{U. 8. De- Iture .—Hogs, re sales light hers 15@26c lower; general mar. @40c lower; spots 50c lower bulk 200 to 300 pound butchers $7.00@ 7.40; practical’ top $7.50; part load up to $7.65; bulk mixed loads carrying packing sows and lights $6.5047.00; packing sows mostly $5.75@6.25; heavies down to $5.50 350; compared with sand ngs good and steers steady partment 18,500; nttle, receipts year choice up grass to strong; extreme quality steady in between grades grass stock, dull, 25e lowe: = feeders firm; closing bulks as follo’ Fed steers and yearlings $8.50@1$.75 week's top $11.45; grass steers $6.50 ; grass cows and lot cows $5 0; canners and she stock especial to $9 r 0; bologna bulls $4.50 ls $5.25@6.50; light stockers $5.50@6.50; ; week's top $8.50. eipts none; npared ago nbs seady; closing > fat western lambs $12.25 jambs $11.50; sheep steady choice light ewes up to selected light = to 2c b $6.75; fe feeding = Helen MacFarland Wins ‘Approval at ‘America Theater ‘ong atrons of the America theater were astonished inst night at the pre. cocity of Miss Helen MacFarlend, 11 year-old singer and dance This ex tremely ung girl has a stage ap. penrance that is like that of the vet eran perf and her work is above and destructive criticism. With a reptrtoire of songs that were varied and well selected to please the most difficult audience lttle Miss Mic Farland sang her way to a real tri umph and closed her performance with a ballet dance. She wi appear again noon and evening. evs. hE CHICAGO, Aug. 4 extras, this after ~Butter, higher: 414 standards, WHEAT PRICES ARE UNCHANGED Violent Reaction Fail to De- velcp) With Opening of 'rading Today CHICAGO, Aug. 4—Although in some quarters a nervous market was looked for as a result of uncertainties in connection with the death of President Harding, the wheat pit to- day showed no unusual changes dur- ing the early dealings. More or less selling in small lots that appeared to be in the nature of hedging against purchases of wheat in the country tended somewhat to weaken value! but price fluctuations kept within narrow limits. Commission houses were in general buyers to a moder- ate extent on the declines. Opening prices, which ranged from %c lower to %c advance with September 96% to, 97%c, and December $1.00% to 1.00%, were followed by a setback of %c in some cases and then a slight rally Beneficial rafns Ied to lower prices in the corn market. After opening unchanged to 4gc off, September 76% to 76%c, corn showed a decline of one cent for September and less for December and May. Oats were relatively firm, starting unchanged to 44@%c higher, Septem- ber 35% to 3544@%c, and later hold ing near to the initial range. Provisions were a little easter line with the hog market HIGHWAYS ARE REPORTED GOOD (0u0 e%eg wosz penuyu0g) route will find the newly arranged route as good as the vid. Horace M. Albright, superintendent of Yellow- stone National park, reports the em trance by Cody now in good condi- tion. Washouts have been repaired so that the road is in good condition according to Mr. Albright. State Highway Route No. 8i— Shoshoni-Lander road. This road is reported to be in very good condition all the way from Shoshoni to Lander. Four bridges and .one culvert were washed out in the cloudburst storms last week which-tied up both rail- roads, but temporary bridges were placed and traffic resumed on this road the next day after the washouts. State Highway Route No. 80— Rocky Mountain highway. Lander to Brooks Lake good, Brooks Lake to Moran fair, Moran.to park excellent. This road has good grades and with a few days of dry weather should be in excellent condition throughout. State Highway route No. 71—Salt Creek-Sheridan road. Ths pavement for seven miles north of Casper is under reconstruction but no detours for this distance, then ten miles of very rough road with detours for about four miles. New pavement is under construction over this section and traveling conditions are sure to be bad for the season on this stretch on account of the heavy truck traffic and the ion work being car ried on miles h of Casper some in const then the road from 17 nor but what rough all the way to Salt Creek. A temporary bridge has been built across washout at Castle Creek. The road is reported good from Salt Creek to Sheridan State Highway Route No. 41— Orin-Lusk-Van Tassel. Trail is rough from Orin to Shawnee, then good to Lusk and Van Tassel State Highway Route No. 30—Lusk Neweastle road. This road is report ed good to Mule Creek and Edge mont. From Mule Creek to New- castle it is rough and under con- struction. 2 is better Potatoes CHICAGO, Aug. 4.—Potatoes, about steady; receipts, 45 cars; total U. 5. shipments, 369; Kansas and Missouri sacked Cobblers, $1.90@2.15 cwt.; few fancy, shade higher; Kansas sacked Early Ohios, No. 1, partly graded, $1.70@1.85 cwt.; poorly graded, $1.50 @1.65 cwt.; Virginia barrel Cobilers, $5.50. SATURDAY, AUGUST - Livestock -:- All Markets Be a oo RE Ste etaee 4 New York Stocks ‘Altied Chemical & Dye American American American American American American American Anaconda Copper ~...__.__. Atghison Near Medicine Bow to Erection Columbine ~ Capitol Pete __----.. 00% Consolidated Royalty 1.19 Cow Gulch Damtno Elkhorn and West Indies Baldwin Locomotive .._._. Baltimore and Ohio Bethlehem Steel California Petroleum Canadian Pacific Central Leather j}of over 1,000 barrels a day. for completion of the well. The location ts in the northeast quarter of section 25-21-79 on what is mapped by state and federal geolo- | gists as the Medicine Bow structure and fs about six miles southwest of the town of Medicine Bow. The test Lance Creek Royalty ... . Chesapeake and Ohio Lusk Royalty ....... Chicago and Narthwestern _ Chicaga, Ml and St. Paul pfa Chicago, R. I. and Pac. Chile Copper Consolidated Gas Corn Products Cosden Oil Crucible Steel Cuba C Erie Famous Players Lasky General Asphalt jeneral Electric General Motors Great Northern pi Gult States Steel .. — 70 TUinoia Central ex div .~..—.— 105 Inspiration Copper — 28% International Harvester .. Int, Mer. Marine pfd_—. International Paper Kelly Springfield Tire .... Invinetble Ol Kennecott Copper Lima Locomotive .. Louisville and Mack Truck Marlind Oil, | it is thought would have made n | 25-barrel well. When drilling was started, the objective was the Wall Creek sands which were not expected short of 5,000 feet. ‘The finding of these sands at so much shallower depth will no doubt lead to the pros- pecting of a number of structures in the southern part of Wyoming and the northern part of Cojorado. The Southwestern company has started another test on the Medicine Bow structure, the location being in the southeast quarter of section 26-21-79, It is being drilled with a National machine and was started for validating purposes. Now that No. 1 is @ good oll well, it will no doubt change to standard tools and com- plete the well a deep test. In the Crook's Gap district in the Red Dessert country, Southwestern ne Suga Sunset - ._. Tam Bell Royalty ‘Western Exploration Wyo Kana Western Oi) Western States Y ow mane 08 | New York Curb Ciosing Mountain Producers ~ ah - Mammoth Oi1 Glenrock Oil has had showings of oil and gas in| seyeral different strata, one of which) SOUTHERN WYOMING STRIKE IMPORTANT Deep Gusher of Southwestern Petroleum Company Have Test When Tank is Completed Great importance attaches to the strike of the South- western Petroleum company near Medicine Bow in southern | Wyoming, where production encountered at 4,035 feet in |what is believed to be the second Wall Creek sand is re- ported to have started flowing with an estimated capacity Tank erection is being rushed Petroleum company {s also drilling 2 well which is carried as a joint test with the Cliff Petroleum company. This test showed about 2,000,000 cubic feet of gas at 540 feet. After trying to shut off the gas for about @ week, a tool dresser is reported to have attempted to light a clgarct when the rig canght fire and was de- stroyed. Both the tool dresser and the driller were severely burned and are now at the hospital at Rawlins. The Southwestern Petroleum com. pany has an authorized capital of $1,- 500,000 with $1,400,000 issued, par value of stock $100. The head offices are in Buffalo, N. Y., with branche in Tulsa, Okla., Lexington, K: and Denver, Colo. It was organized-under laws of West Virginia in 1901. George A. Foreman is president, Benjamin Kittinger is vice-president and treas. urer and Donal Lux is secretary. The company has been interested in Wyo: ming development for more than three years. It drilled a deep test near Saratoga which was abandoned several months ago and is also en gaged in drilling a test at present in the Crook’s Gap district. Maxwell Motors B ...-. Middle States Oil -. Missouri Kan and Texas new Missouri Pacific pfd New York Central COLU Pacific Oil -. Pan American Petroleum -B MBIA is \ LAST TIMES TODAY Crude Market Cat Creek, .....-...-..--.. Lance Creek Osage Grass Creek Torchlight EXk Basin Greybull Sinclair Con Oil . Southern Pacific Southern Railway Studebaker Corporation ‘Texas Co. ‘Texas and Pacific Tdbaceo Products A Transcontinental Oil Union Pacific - es United Retai! Stores U. 8. Ind. Alcohol United States Rubber - United States Steel -_ Utah Copper Westinghouse Eilectrico Willys Overland American Zino, Lead and 8m. - Butte and Buperior -...... Colorado Fuel and Iron ~....— Montana Power National Lead Muddy - Hamilton Mule Creek Sunburst Shows at 7 and 9 Silver NEW YORK, Aug. 4.—Bar silver, 62%c; Mexican dollars, 47%c. “GAY CONEY ISLAND” A REAL MUSICAL SHOW Presented by 1923 Revues Company FEATURING GEORGE SLOCUM “Hope,” a Hodkinson Super-Feature “Gambling With Gulf Stream” “Movie Chats” Admission 10c and 40c KID’S MATINEE 2:30 TODAY—S5 CENTS W. FIRST OFF CENTER ST. Shattuck Arizona Standard Oil Stocks NEW YORK CURB Open 14% 34% a5 107 5S 159 TODAY and SUNDAY REX BEACH’S * Brand New 1923 Version of His Greatest Story THE SPOILERS An Absolutely New Production With MILTON SILLS & NOAH BEERY In the greatest man to man bare fist fight ever seen on stage or screen. Cloge Anglo — Buckeye ~ Continental Cumberland .. Calena - Ilinots In¢gana, Nat. Tran N. ¥. ‘Tran Nor. Pipe Ohfo Oil Prairie Oil Prairie Pipe Sofar Ref. Sou. Pipe 3. O. Kan. Ky Neb. Ohio Vacuum 5. Ss. Anna Q. Nilsson, Louise Fazenda, Robert McKim and many other well known players in the support- Sold at Tripeny ing cast. Muil orders GHUGK WILSON OF BAR-G NOT THROWN BY HORSE The Tribune was in error Friday in stating that Chuck Wilson of the Bar- C ranch was thrown by his mount in the bucking contest. Wilson rode Dry Creek and Peacock on succeed- ng days without being dislodged or puking leather. At thé recent stam: pede in the Sweetwater county he jumped into the lead of riders in that region by sticking to one of the worst horses that has performed this year. On DANCE AND SUPPER Open and Indoor Dancing at HAYGOOD’S RANCH SATURDAY NIGHT, AUG. 4 ADDED ATTRACTION HELEN MacFARLAND trom tea’ toy apetitg We ue The 11-Year-Old Wonder in Songs and Dances by putting U-KNOW Lico and Mite Remover in their drink- Moisture and they leave ‘Will NOT taint the cess or flesh and is guaranteed ye< J. F. Cowan Hay, Grain and 325 8. Durbin St. At 3, 8, 9:30 10c and 40c AT THE Casper, Wyo. MERICA JACKIE COOGAN N HIS LATEST AND GREATEST PICTURE Alcova Road Music by Sevey’s Orchestra 9 o'Clock Sharp LAST TIMES TODAY ' Richard Barthelmess AND ; “Dorothy Gish IN Harold Lloyd AND Bebe Daniels IN ‘Bees In His Bonnet’ 1 to 11 10c and 20c FOUR DAYS STARTING MONDAY, AUGUST 6TH ‘CIRCUS DAYS’ Atte New York Bonds Giga Czechoslovak Rep., Danish Municipal 88 A - Dominion of Canada, 5: French Republic 7%4s Japanese 4s isdom of Norway, Republic of Chile 8s, 1946 K. of G. B. & I, 5%s, 1 American Smelting 5s - American Sugar 6s - American Telephote and Telegraph cv. American Telephone and Telegraph col tr. Anaconda Copper 7 Anaconda Copper 8 At. 'T. and San Fe, Gen., 4s — Baltimore and Ohio cy. Bethlehem Steel con és, Canadian Pacific deb., 4s -. Chicago Burlington and Quiney ret. Chicago Mil. ane St, Paul 4%s Chile Copper, 63 Goodyear Tire 8s, Great Northern 7s A ‘orthern Pacific ref. Narthwestern Bell Tel., Pacific Gas and Electric 5s — Penn. R. R. gen., 5s Sinclair Con O31 ‘col Ba. nd Light 5s — Western Union 6%@ —__ Westinghouse Electric 7s Wilson and Company cv. CASPER BUICK COMPANY 182 N. Wolcott Phones 1741-2260 HUSBANDS —Don’t answer questions like these until you’ve een this picture! @ GEORGE MELFORD proouction 149 ey U Laser Added Attractions Cameo Comedy, “WRECKS” Fables Special GEORGE FRANCIS BAKER, Shows at 1, 2:40, 4:20, Baritone 8, 7:80, 9:20 Singing at 8, 7:80, 9:80 THE NETTO LADIES’ ORCHESTRA Caspers Finest Entertainmen, STARTING TODAY