Casper Daily Tribune Newspaper, August 9, 1923, Page 7

i THURSDAY, AUGUST 9, 1923. abe oa Ze Pie: Casper Daily Cribune THREE COMPLETIONS IN SALT CREEK FIELD |.c= Midwest Refining Company Drills in Producers on Own and Wyoming Associated Holdings During Week; Other Operations Three completions are reported b: Salt Creek for the week just ended. the Midwest in the idwest No. 8-A, on the NE, of section 28-40-79, completed at a depth of 1580 feet, came in as a 264 barrel producer. on the NW}, of section 28-40-79,, completed at 1698 feet, is’ Midwest well No, 9-A swabbing and has not yet been tested. Wyoming Associated well No, 16-A, on the NE of sec- tion 24-40-79, completed at 1,968 feet, has not yet been tested. ‘The status of the company’s opera- tions on wildcats and in Ba: Basin and. Elks Basin is 8 follows: Wildcats. Netber Dome Test, southwest quar- p ter of section 15-45-93, depth 2,835 waiting for repairs. ter va Midway Test No. 2, northeast quar- ter of section 23-35-79, well abandoned, tearing down rig. Miguel Creek, New Mexico, well No. 1, L Chavez Grant, depth 1,852 feet, underreaming, hole full of water. being North Casper Creek No, 86, south‘| feet east quarter of section 36-37-82, depth 745 feet, drilling. Skull Creek No. 1, northwest quar ter of section 16-44-62, depth 3,400 feet, cleant out and repairing. Baxter Basin Field. ‘Well 1-X, northeast quarter of sec- tion 36-18-104, depth 2,468 feet, shut ‘Well 29, southeast quarter of sec- tion 25-18-104, depth 2,425 feet, under- down for further orders. reaming and cleaning out. jouthwest quarter of sec- Gepth 636 feet, drilling, running 16%-inch casing, Well 6X, northeast quarter of sec- tion 11-17-104, depth 2,520 feet, drill- ing, hole caving. Eik Basin Field. ‘Well 2, Elk 11, redrilling at 1,140 t. ‘Well 1, Tip 2, depth 1,870 feet, fish- ing for spider slip. ‘Well 24, Blk 6, depth 1,620 feet, running 6%-Inch casing, top of second sand. Crude Oil Production Takes Slump for Week in Country NEW YORK, Aug. 9—The daily average gross crude oil production of the United States decreased 83,500 barrels for the week ended August 4, totalling 2,240,900 berrels, according to the weekly summary of the Ameri can Petroleum Institutfon. The daily average production east of the Rocky Mountains was 1,99,900 a decrease of 84,500 barrels. California production was 851,000 barrels, an in- crease of 1,000, ‘Wyoming and Montana shows « Gay avetage gross production of 158,000 batre!s, a decrease of 6,950. Dally averages of petroleum for July were 259,935 barrels, compared with 240,366 for June and for the week ended August 4, 281,000 barrels compared with 264,429 for the pre- vious week. ‘There were no changes reported in crude oll prices for the major dis- tricts. ‘ Sinclair Secures Oil Plum In Concession From Russia “We think we have one of the ollgoing to oll. Sakhal! plums of the world in the island concession, said Harry F. Sinclair, chairman of the Sinclair. Consolidated O!l corporation, return) ing to New York on the Cunarder Mauretania from ten weeks’ absence rather than overproduction world’s oil. The world absolutely It {s most astounding. in) After all, distribution is the big prob-| Tobacco Products A ---—. There are parts of Russia and that did) not “have enough oll run their locomotives. “Our Angora properties are com- ing along very nicely. Woe are drill- ing four wells there and expect them td be in very shortly. Africa is really the oil gateway to Hurope; by tanker it is only twelve days from Havre and even less trom Marseilles. I am fairly satisfied with the Teapot dome and I have absolute confidence in the future of it. We have already found gas there; where there is gus there must be oll. “TI am not interested in Wall street, nor what it does, but I am interested in protecting the assets of my com- pany, Our refineries here in this country will not be up to consump- tion until the 1st of January and we cannot afford to ahut down. We have 30,000,000 to 40,000,000 barrels of crude oil in storage now owned jointly by Sinclair and Standard (il of Indiana, held by Sinclair Crude Oil purchasing company.” British Are Encouraged by. Success in Oil Wildeatting LONDON, Aug. 9.—The success of recent oll-drilling operations in the northern counties of England and in Scotland have led to new drilling op- erations on a larger scale. The oi found, while not abundant, 1s claimed to be of the finest heavy grade and yhas lead many geologists to believe that asphalt deposits Ue in this sec tion, ‘ Oll has been found tn Derbyshire, Staffordshire; and Midlothian. At Hardstoft, Derbyshire, a well drilled about a year ago has produced a thou- sand tons of heavy oil and the well is Market Gossip stM flowing. Five other wells in this section have shown traces of oll but | — have not yet been pumped. Indications of of! have been found in the Staffordshire coal mines, but the prospects are not believed encour- aging for the operator. Most of the test wells have been drilled by the government in order to prove the theory that ofl exists in many of the sections of the British Isles. English operators believe that while the result of the drilling so far is not what was looked for, !t is possi- ble to produce of] in commercia! quan- titles. . and Briefs American International - American Locomotive ~---.... 1% American Smelting & Refg. .. 56% American Sugar .. wane 60 122% American Woolen .-.. 84 Anaconda eecacakenes . 89% Atchison |AtL, Gulf and W. Indies ~.... |Baldwin Locomotive -.—------ Baltimore and Ohio ,.-----.-= Bethlthem Steel ----—-_-—-. California Petroleum ——-—--- Canadian Pacific ~. Cenertla Leather -------—-.-. 14% Cerro de Pasco Copper -—-..-- 38% Chandler Motors .... wan 48% Chesapeake and Ohio -—---.. 58% Chicago & Northwestern Chicago, Mil and 8t. Paul Chicago, R. I. and Pao. Chile Copper -..-... Chino Copper .----..-----.. Consolidatea Gas ex diy. .. 601% Corn Products 120% Cosden Oil «. B24 Crucible Steel -..-.-.. 61% Cuba Cane Sugar pfi, -. 37 BMO .-cecescsuccnecvesscae. 12% Famous Players Lasky -.--. 69 General Azphalt General Bilectric General oMtors .-..—. Great Northern pfd -. Gulf States Steel -......--.... Tiiinola Central ..... - Inspiration Copper ---------- International Harvester ..._. Int. Mer. Marine pfd. -—-.-.. Internatidnal Paper -—.--..-. Invineible Oil ...-...—-—---. Kelly Springfield Tire — Kennecott Copper -..--..... Lima Locomotive .-...-.... Loulsville and Nashville ..... Mack Truck ot Maxwell Motors B -...-..... Middle States Of] ~...--.-.... Missotrt Kan. and Texas new ~ Missouri Pacific pfd -...-..-. New York Central ...... N. Y., N. H., and Hartford -.. Norfolk and Western ......... Northern Pacific --.-..--.. Pacific Oil -----—--——- Pan American ePtroleum B .. Pennsylvania ....-...---..-. People's Gas .-..-.-—-----.—. Producers and Refiners ~—.— Pure Oil Reading Republic Iron and Steel -..... Seare Roebuck Sinclatr Con Oil ... Southern Pacifico ...--.--.... Southern Railway Standard O!l of N. J. Studebaker Corporation ex div. Texas Co. Texas and Paciflo --.--. ‘Transcontinental Oil -—.-.-_. Union Pacifico ......-—.—.___ United Retail Stores ~....... U. 8, Ind Alcohol ~..-.--._.. United States Rubber United States Steel .. Butte and Superior ~—-. _ Colorado Fuel and Iron ---.-. Montana Power --. National Lead -—--—-———- Shattuck Arizona -~—----—___ a Standard Oil Stocks NEW YORK CURB Open Close Anglia - 4% «15 Buckeye - 86 87 Continental -—--—--._ .33 BS Cumberland ~ --—-—--1.04 1.06 Calena . --.--_,--. 40 62 Iiflnois . 1.58 1.59 Cat Creek ...... a $1.75 Lance Creek -—-. ~ 1.70 FASE ERAS SERRE ROG WY Grass Creek 1.70 Torchlight -.-— --—---—---—-— 1.70 On Operations in Oil Fields Basin Well DOUGLAS, Wyo., Aug. 9%—The Burns Of1 company, drilling in the Brenning Basin, brought in a small well. The shale was struck at 19 feet and although the drill went 4n but a little the oil rose 200 feet in the hole. A still will be installed, we the, Burns company will make gasoline in the field. Oil Boom At Cokevillo COKEVILLE, Wyo., Aug. 9—Coke- ville is .experiencing an oll boom. Otl is the talk all over town. A local organization has been formed to drill’ ® test well on the Sheep Creek Anti- cline about 16 miles northeast of here. ‘The company is headed by Ben H. Jackson, who has had considerable experience in financing and drilling oil wells in other fields. He has been working for weeks and has the entire district leased. He has a very favorable geological report on the field, made by W. A. Bartlett. Mr. Jackson has contracted for a Star No, 28 drilling rig which he ex- pects to have on the ground in a we Camp houses are now being constructed. A most deal anticlinal fold ts out- lined for a distance of several miles ‘by the formations out-cropping in the escarpment on both sides of the field. Active oll seeps have been located, and many Cokeville resdents have been visiting the field and bringing in samples of the ofl. About thirty of Cokeville’s leading residents e taken a financial interest in the en- terprise, and are doing all they can to make it ® success. Four Tests Projected LANDER, Wyo., Aug. 9.—The Sage Creek Petroleum company expects to drill four more wells in Buffalo Basin os rapidly as the work can’ be completed. ‘The rig on section 17 is being mov- ed to section 18 where @ test will be Etk Basin .. <= 1.70 Greybull ....... ----------—---- 1.10 Rock Creek .. 1.25 Salt Creek -—W--—~.-------——— 1.25 Big Muddy -——-..s.--.--—--- 1.25 Hamilton -... 1.25 Mule Creek ~~. 5 put down to the Dakota sands {f necessary to secure commercial pro duction. Supt. W. A. Hoorweg and George Harnsberger drove out to the Basin last week to decide upon further lo The Fan Wyo. company controlled by the same interests as the Sage Creek, spudded in a new hole on Sea. 18, T. 27 N., R, 95 W., where all sands down to the Dakota or below will be explored unless ofl in com- mercial quantities is encountered in some of the upper sands of which there are several known to exist. Steel Orders 5 NEW YORK, Aug. 9.—Unfilled orders of the United States Steel Cor- 144% | Burke nm wane «70 80 Buck Creek -—-.--.. 11 13 0 ae 2T Blackstone Salt Creek .27 pel Lis. 00 Columbine -..-.-—--. .11 - 00% Consolidated “Royalty 1.18 1.20 Cow Gulch --...-.-. .01 02 Domino ao avy Bikhorn a | 104 B. T. Williams 6 64 | Fargo aL Frantz -_ 4.00 Jates 09 Jupiter 02 Kinney 21 Kinney Coasta’ ~.--.- 2T Tance Creek Royalty. 00% 01 Lusk Royalty —.. 1 02 Marine _--. - 4.25 4.15 Mike Henry z ql Mountain & Gu New York Oll 4 Picardy - - .03 204 Outwest - 00% 00% Red Bank -—-- 8.00 4,00 Royalty & Producers .05% +06) Sunset ___--_. witctn, 004, Tom Bell Royalty -.. .01% Western Exploration_ Wyo-Kans — Western Oi! Western States ...-. ‘Y. O11 “NEW YORK OURB CLOSING Mountain Producern .$ 14.00 $ 5 Glenreck Oil Salt Creek Prds. ~... Salt Creek Cons -.... 8. O, Indiana .. New York O11 ~...... Marine -.-.--------.— Prod. and Cosden Mutual 5. 0. Indiana -. 1.12 Citles Service Com. ~ 182.00 Liberty Bonds 84s ~.----------+~-. First 46 —. Second 48 ~. First 4%s Second 4%s8 -. ———-- Third 4%48 ~-----------———-— Fourth 448 ~.....~--.-------- — 00 50 35.25 $8.50 1087 Livestock Chicago Prices CHICAGO, Aug. 9—(U. 8. Depart- ment of Agriculture}— Hoge— Re- celpts 34,000; very slow; desirable grades around steady; very little do: ing on others; bulk goof and choice 170 to 240 pound averages 7.90@8.00; top 8.05; bull good and choice 250 to 325 pound butchers 7.50@7.85; pack- ing sows mostly 6.80@6.10; strong wolght piks 7.00@7.25; big packers do- ing Lttle, heavyweight hogs 17.00@ 7.65; ght 6.90@ 8.00; Mght light sows smooth 5.80@ packing rough 6.50@5.80; killing pigs 6.25@ 7.25. Cattle—Reclepts 12,000; fairly ac- tive; better grades beef steers, year- lings, fat cows and helfers strong to 260 higher; other grades around steady; top matured steers 12.41 numerous loads 11.75@12.25; best long yearlings 12.10; yearlings 12.00; part load heifers 10.65; bulls, -vealers, can- ners and cutters around steady, stock- ers and feeders 10 to 25¢ higher, bulk bologna bulls 4.50@4.75; canners 2.40 @2.60; bulk cutters 2.75@3.25; bu'k vealers to packers 12.00@12.50; out- siders paying up to 13.00; stockers and feeders 5.75@7.00; tew of value to sell above 7.75. Sheep—Reclepts 13,000; active; fat lambs strong to 15c higher; feeders strong to 10s higher; culls and aged stock generally steady; bulk good and choice western lambs 12.60@12.75; top 12.85; bulk natives 11.50@12.25; culls 8.75@9.50; fat wethers 8.50@8.75; Ught weight ewes 7.00@7.50; heavies mostly 4.00@4.25. Omahs Quotations OMAHA, Neb., Aug. 9—(U. 8. De- partment of Agriculture—Hogs—Re- celpts 17,500; better grades 10 @ 26c lower; others slow, bidding 25 @ b0c lower; bulk 200 to 300 pound butchers, 6.75 @ 7.25; top, 7.85; bulk mixed loads carrying packing sows and lights, 5.75 @ 6.60; packing sows largely 5.26 @ 6.75. Cattle—Recelpts 3,700; slow; better grades steers, yearlings and she stock fully steady; others weak; top ma- tured steers 11.80; bulk steers and yearlings, 8.50 @ 11.00; grass cows and heifers 4.00 @ 6.50; best fed year!- ing heifers in load lots, 9.85; calves and feeders steady; practical top vea! calves 9.00; bologna bulls dull, weak to 26c lower. Sheep—Receipts 4,500; lambs steady to 150 higher; fat western lambs 12.:10 @ 12.25; fed clipped and native lambs 11.25 @ 11.60; sheep and feeders steady; ewe top, 7.00; early sales feeding lambs 12.40 @ 12.60. Denver Prices DENVER, Colo., Aug. 9.—{U. 8. De partment of Agriculture)—Hogs—Re celpts 2300, mostly 10 to 20c lower. Top, 7.55 for choice 195 pound aver. ages. Bulk better grado light and me- dium weight 7.50; bulk of sales, 7.35 50; packer sows steady 6.00 to Cattle—Receipts 400, all classes generally steady, Two car loads 984 pound grass steers 8.25. Plain mixed yearlings 7.80; plainer grade grass cows 3.50 to 4.50. Bulk bologna bulls, 4%0 to 4.25. Canners 2.00 to 2.25, , Bheep—Receipts, 1,100, Killer class- s 15 to 250 higher than last weeks close. Two loads western lambs 75 pound averages 11,75. Two car loads ewes 6.15, few mixed wethers and yearlings 8.50; one ioad feeding lambs unsold early. s poration on July 31, 1923, made pub- lc today, totaled 6,910,768 tons, a de-!t women who care: the best ned crease of 475,498 tons as compared) cheapest on the market, For appoint with figures for the preceding month.|ment call 178J. Mrs, Burkett, ns NU-BONE — CORSETS — NU-BONE Grains “ PRICES MELT WV Unfavorable News From Ger- many Causes Heavy Liquidation Today NEW YORK, A) —Prices melt- ed away in today’s stock market in response to bear attacks founded largely on the unfavorable news from Germany. Liquidation of the leath- ers, low priced oils and various spe- clalties which was accelerated by the touching off of stop loss orders, also had a depressing influence. Sales ap- proximated 400,000 shares, NEW YORK, Aug. 9.—Germany's determination to continue passive re- sistance in the Ruhr, coupled with the opening of rafiroad brotherhood conferences expected to lead to de- mands for higher wages, had a de- pressing influence on prices at the opening of. today’s stock market. Famous Players dropped 2 and Eastman Kodak 2, while United States Steel, Studebaker and other leaders yielded fractionally. Allied Chemical and Central Leather touched new lows. Belling pressure was concentrated on the leather, motor and oll groups, several of which dropped a point or more. Steels yielded fractionally and rails held relatively firm. Foreign nges opened irregular, chief in- centering on the weekly in- crease of nearly twelve trillion marks in German note circulation. Temporary strength was shown by the equipments following announce- ment that American Locomotive had been placed on a six per cent annual basis, that stock advancing 1% and Baldwin 1%. The response elsewhere, however, was slight, and before noon Prices again kad worked down to the low figures of the first half hour. DuPont was one of the few strong spots ,advancing four points. Burns Brothers A dropped three points to a new level for the year. Call money opened at 4% per cent. The decline in United States Steel to 86%, following the publication of the unfilled tonnage figures, and a break of three points by Texas Gulf Sulphun, was too great a strain on the general list, and prices dipped fyrth- er after mikiday, Later, buying of American can and the equipment ts- sues caused partial recoveries with the entire movement reflecting efforts of the traders to scalp small profits either way. NEW YORK, Aug. 9.—The closing ‘was heavy. Low priced oils were sub. fected to heavy selling pressure in the In- late dealings, Trans-continental, vinolble, Maracaibo and General As. phalt dropping 1 to 2 1-2 points to new low levels for the year, _— oo Foreign Exchange NEW YORK, Aug. 9.—Forelgn ex- changes easy. Quotations in cents: Great Britain, demand, 4.56%; cables, 4.56 11-16; 4.54 11-16. cables, 5.65%. cables, 4.26. cables, 4.27%. Germany, demand, 000022; cables, .000024. Holland, de- mand, 39.41; cables, 39.41%. Norway, demand, 16.23. Sweden, demand, 26.57. Switzerland, demand, 18.27. Spain, demand, 13.W. Greece, de mand, 1.91. Poland, demand, .0004%. Czecho Slovakia, demand, 2.93. Au- stria, demand, .0014%. Roumania, demand, .50%4. demand, 33.00. Brazil, Mon- treal, 97%. Italy, demand, 4.25%; Belgium, demand, 4.27; Argentine, demand, 10.12. Sugar NEW YORK, Aug. 9.—There were no changes in refined sugar prices but an improved. inquiry was re- ported. Fine granulated 7.90 to 8.00 cents. Sugar futures closed steady; ap- proximate sales, 13,000 tons. Septem- ber, 4.45; December, 4,05; March, 3.45; May, 3.52. Potatoes CHICAGO, Aug. §.—Potatoes bare- ly steady; reciepts 28 cars; total U. S. shipments 453; Kansas and Mis- souri sacked Irish Cobblers number 1, 1.80 @2.10 cwt; mostly around 2.00 ewt; Kansas sacked early Ohios num- ber 1, 1.70@1.85 cwt; poorly graded 1.50@1.65 cwt; Minnesota sacked early Ohios ungraded 1.25@1.50 cwt. —_— Money NEW YORK, Aug. 9.—Call money steady; high 4 3-4; low 4 1-2; ruling rate 4 8-4; closing bid 4 1-2; offered at 4 8 last loan 4 1-2; call loans against acceptances 4 1-4; time loans firm; mixed collateral 60-90 days 5 1-4; | 46 months 5 1-4; prime commercial paper 6 @ 5 1-4. American Locomotive Dividend NEW YORK, Aug, 9.—Directors of the American Locomotive company| today declared a quarterly dividend of $1.60 a share on its new issue of no par common stock, thus placing the issue on a six per cent basis. The regular quarterly dividend of 1 84 per cent was declared on pre- ferred stock, both dividends being payable September 29 to stock of record September 13. WHEAT CLIMBS. IN PRICE TODAY Bearish Reports From Kansas and Nebraska Cause Sharp Upturn CHICAGO, Aug. 9—New upturns in the price of wheat resulted today from estimates that Kansas and Ne- braska this season ha@ only raised sufficient wheat for thelr own mill and seed requirements. The market closed firm, %@%o to 1%o neg high- er with September 09% @Mo to 99%c anél December $1.02% to, $1.02%. CHICAGO, Aug. 9.—Bears had 4 little advantage in the wheat market today during the early dealings. Hedging sales were in evidence, and the demand from buyers was only of @ scattered character. Accumulating stocks and absence of an adequate export outlet appeared to act as a drag on the market. The opening, which varied from unchanged figures to %o lower, September 87% to 98c, and December $1.01% to $1.01%, was followed by a slight rally, which, how- ever, failed to hold. Subsequently, the market scored a declined advance, assisted by reports that domestic millera were active buy- ers of choice hard winter wheat at Kansas City. Mills were also good buyers of wheat on track here. Corn and oats were easier with wheat. Atter opening a shade to Ko off, September 76% to 76%c, the corn market continued to sag. Later, the corn market responded to strength which had developed in wheat prices. Corn closed firm, %o to %o net higher, September 76% to Tc. Oats started unchanged to 4%@Ke higher, September 35%@ to 85%c, and later showed something of a set- back. Provisions were steady In line with the hog market. WHEAT— Open High Low Close Sept. ---. 97% .99% .97% 99% Dec. 1.01% 1.02% 1.01% 1.02% May 1.06% 1.07% 1.06% 1.07% CORN— Sept. ---- .76% .77 75% .76% Dec. ----- 62% 68% 62% 63% 64% 65% «04% 65% 35% «25% 85 «85H 31% 8TH BTM «OTH 40 HOM 39% 40H, Sept. ---10.72 10.77 10.65 10.65 Oct. ------10.85 10.90 10.80 10.80 RIBS— Sept. -. 15 815 810 8.10 —s. 010 Oct. Cash Grains and Provisions. CHICAGO, Aug. 9.—Wheat—No. red, 99c@$1.00; No. 2 hard, 99%c@ $1.01%. Corn—No. 2 mixed, 86% @876; No. yellow, 88@88%ec. Oats—No. 2 white, 87% @3' white, 36@37%c. Rye—No. 2, 65@66%e. Barley—58@ 63c. Timothy seed—$4.76@5.50, Clover seed—$15.00@17.00. Pork—Nominal, Lard—$10.56. Ribs—87.75 @8.62. eo NEW YORK, Aug. 9.—Copper easy; electrolytic spot and nearby 1414 @ 14 3-8; futures, 141-4 @ 14 1-2. Tin steady; spot and futures 89.00. Tron steady; Lead Steady; firm; East St. Louis spot and nearby delivery 6.15 @ 6.20. Antimony spot 7.15, Silver | NEW YORK, Au 62%; Mexican dolla: ——— | Butter and Eggs | ‘2 No, 3 —Bar allver %. CHICAGO, Aug. 9%.—Butter un- changed; eggs unchanged; receipts 9,656 cases. Cotton NEW YORK, Aug. 9.—Cotton, spot, quiet; middling, 25. Flax Seed DULUTH, Minn., Aug. 9%—Close flax September 2.30 3-4 bid; October, 2.28 1-2 bid; November, 2.27 3-4 bid; December, 2.25 asned. MARCY FUNERAL TO BE HELD HERE SATURON Tho funeral of Ralph J. Marcy, 35 years of age, who died Tuesday at a local hospital, will be he'd at 3 p. m. | Saturday from the Shaffer-Gay chapel The Rev. Charles A, Wilson will offi ciate, The Odd Fellows will have charge of the ceremonies at the grave, ‘The deceased leaves a widow here, a father and mother, Mr. and Mrs. O. Cc. Marcy, Alberta Canada; four brothers, Bert of Los Angeles, Ray jof Bolseville, Wis., Vern of Bingham . Livestock -:- All Markets LEASED WIRE. eer ed Czechoslovak Rep., 88 ctfs Danish Municipal 88 A --. Dominion of Canada, 5s, 19 French Republic 74s Japanese 48 ~~... Kingdom of Belgium 8% -...-~~-. Kingdom of Norway, 6s -—....-.. Republio of Chile 8s, 1946 ~..... U.K. of G. B& 1, 6s, Amertean Smel American Sugar --— American Telephone and American Telephone and Chile Copper, Gor Tire Great Northern A Northern Pacific ref, ts B orthwestern Bell Tel., 7s Penn, R. R. gen, ba ~~. Sinclatr Con Southern Pacific ev., Union Pacific First U. 8. Rubber bs Western Union 6% .. Wilson and Com; A thorough test of the on company pipeline showed only a few minor collar leaks which were easily fixed and the line in readiness for the running of crude from the Potson Spider district to the Midwest refin- ery here, The midway pumping station is complete with the exception of rome high pressure fittings which will be installed within the next few dayn and a full crew is rushing oonstruction on the field plant as rapidly as pos- sible, ‘If necessary of! could be run under present conditions by using some of the field boilers for power and it fs possible that crude will be started through the Une not later Pacific Gam and Electric 6a —-----—-----—--— Ol 00) 18 meni een 7 Utah Power and Light 68 —.—.__.___-___________ Westinghouse Blectrio Ts Anaconda Copper 7s, 19: tena Anaconda Co} 8s, 1958 4 83% Ba At. T. and San Fe, Gen. 4s ~. 80% 80% 8015 Baltimore and Ohio cv., 44s ROT 80H BUN Bethlehem Steel con 6s, Series A (88 TKh OS Canadian Pacitic deb, 48 — 9% 8S Chicago Burlington and Quincy ref, 68 A. =, Chicago Mil. and St, Paul cv, 4s weceneennans §8662% «61% 1S nen «(10TH 107% 10716 90% 90% 00% aan 100% 100 10016 7 06% 0645 91% 91% 01% 02 02 92 86% 86 som 88 87% RS an (109% 109 81RD 107% 107% 107% 87% 87% NEW FARGO OIL LINE * READY TO RUN CRUDE is running tnto storage, No. 22 is lift ing 600 barrels a day through four inch tubing and No. 20 fs making better than 200 barrels through three inch. Special four-inch tubing is now in transit which should arrive not lat- er than Saturday and this size will be installed in all the wells after which they will be pumped. Some delay has been encountered in pulling the water casing in well No. 27 but this has been overcome. and drilling in will be started tonight. No, 24 is fishing for underreamer peta feet with a new crew on the job. Toole are being moved from No. 23. the latest completion to No. 26 and than August 15, ‘Two wells are now on pump and oll spudding in will be started wit! next few day: ac CONFESSION OF BROKERS WILL ROCK GOTHAM NEW YORK, Aug. 9.—Revelations made in reported confessions to Fed- eral Attorney Hayward by E. M. Fuller and William F, McGee, con- feasec stock bucketeers, are likely to rock the financial section of New York to its foundations, Carl M. Whitney, new counsel for the two former stock brokers, declared, “My clients,” he said, “are now telling the truth about their affeirs— 4 thing which, in my opinion, | should have Gone more than a year | ago. “Thetr @isclomures are of a start- ling nature and are Ukely to rock the financial section to its foundation. It 148 @ matter of governmental Policy, however, in saying it would be un- wise at this time to make the Fuller and McGee disclosures public.’* ————___ Child Has Wrist '. - Broken In Tumble While playing tn front of his home at 136 South McKinley street Wednes- day evening, the nine-year-old son of J. BE, Fleming was pushed from the curb, sustaini: ® compound fractu: of his right wrist. Ho ts under the | care of Dr. N. E. Morad at the county they hospital, salary and his hotel wants to see will be telephone first. whether the salesman make money, Others do, Do You Gamble in Expense Accounts? ‘ Eoine: ual eae men do. salaried salesman out on the road, bettin, his railroad fare, his Pullman ticket, his They send a high- bill that the man he in when he arrives. That’s where the bulk of selling costs are. But there are lots more business men who If the deal can’t be closed by Long Distance they at least know will see his prospect, The high cost of personal interviews can be cut down by the use of the telephone. And the cost of the telephone can be cut down by the use of the lower rates. to your directory or call information. Refer Then use the lower rates to save money and The Mountain States Telephone and Telegraph Company One Policy, One System, Universal Service, and All Directed Toward Better Service | Lake Minn., and Don of Alberta | There 1s a possibility that the fune-| ral plans may be changed. e ot ene