Casper Daily Tribune Newspaper, August 23, 1923, Page 9

Bk 100 PER CENT OlL RUNS SEEN IN. SALT CREEK Four Companies Charged with Violating Pro Rata Agreement; Others May Follow Suit Is Rumor sz apepents that Salt Creek wells may be opened to full production amounting to a total of about 175,000 barrels a day as a climax to the conservation program that has held sway for the last year are held out in reports that the Salt Creek Conservation committee has failed to secure strict ad- sherence of several producing companies to the pro rata rule 35 per cent that has been in effect,) adopted, is said to be ready to accept Four of them are specifically re- all the ofl produced by its customers ported by informants in Denver as violating the agreement inaugurated here last winter, these being the Pro- ducers & Refiners, the Sinclair Con- solidated Oil corporation, the H. T. ‘Williams O!l company and the Wyo- Kans Oll company. Officers of these companies deny the allegations, It is char that these four com- panies are not abiding by the 35 per ‘ent pro rata arrangement but are gutity of taking the entire output of their wells, Recent tests of field pro- duction show that present pipelines will be able to handle approximately 65 per cent of the potential developed output and at a general meeting to be held soon between atl operators the eonservation committee will make an is expected with all restrictions lifted. Should the committee find itself overridden in this respect there is Uttle doubt but that its provision allot- @ certain number of wells to cer- definite acreage will be also over- This recent development in ‘Creek situation as regards tha of production on a pro rata. will, result re if it goes the limit, prob- it in the greatest orgy of ing ever seen outside California the Midcontinent fields, Jt will of every operator for him- to while the getting is good. Midwest Refining company, in it that a 100 per cent policy is z » f 3! 2 H i and to pay the prevalent posted price for 65 per cent of it. The remainder will be stored at a nominal cost to the producer who will receive any benefit that may accrue when there is an ad- vance in price. As all the companies complained of, except the Wyo-Kans, either own or are interested in pipe lines, they will be forced elther to in- crease storage facilities or move the additional ofl from the field, Officers of the Producers & Refiners corporation deny that they are taking 100 per cent of the output of any of their wells except those which are on leases offsetting the Teapot field, from which the Sinclair controlled Mam- moth Of company is taking the en- tire production, A rule was estab- ished some months ago by the con- servation committee permitting own- ers of wells on lands adjacent to the Teapot field ta produce thelr wells at full capacity, The Sinclair company has one-quarter section in the Salt Creek fleld which has been operated at capacity for more than ® year, Of- ficera of the H, T. Williams and Wyo- Kans companies in Denver Wednes- day stated that they were unaware of any violation of the prorating rule ex- cept in cases where it was evident that offsetting wells were producing at a higher rate than permitted by the committee, The total potential production of the field as shown by the recent test was 178,500 barrela @ day, On a 65 per cent prorating basis total marketed output would be 112,450 barrels, CRUDE PRODUCTION IN U.S. SLOWING UP Decrease of 800 Barrels Daily in Pipe Line Runs Is ~ Reported for Week Ended August 18, by ~ American Petroleum Institute “NEw YORK, Aug. 28.—The daily average gross crude oil production of the United States decreased 800 barrels for the week ended August 18, totaling 2,250,450 barrels, ac- cording to the American Petroleum Institute. The daily average production east of the Rocky Mountains was 1,378,- 4650 barrels, a decrease of 800. 872,000 barrels, the same as the pre ‘vious week. ‘Wyoming and Montana showed « daily average gross production of 150,- 200 barrels, a decrease of 100. Daily average imports were 187,000 California production was barrels, compared with 248,000 for the previous week. Gulf coast has been reduced to 25 cents a barrel, now selling at $1, a barrel. There were no other changes reported in crude oi! prices for the major districts. New, Oiler in Medicine Bow ey, Field Goes to Water; Said ct discovery well of the South- OIL PAGE e among the ofl men of Wyoming when it was brought in rather unexpectedly ast month, Its flush production was estimated variously 1,000 barrels daily. It is now reported that there are 500 feet of water standing in the hole — and it ‘s probable that this flow is coming from the bottom, investiga- tion will be made to determine defi nitely the source of the water break- in. It is expected that a test of the Dakota sand will be made tmmedi- ately. Both the Muddy and Dakota sands are producing in the Rock Creek fiel@, seven miles Gistant and the failure of the first of these to consistently produce in the Medicine Bow structure does not necessarily imply that the Dakota mand is non- productive there. State Geologist Asks for State Fair Mineral Exhibit of Wyoming do not real- Piper dss mineral wealth of the state is its greatest assest, and the State Geologist, Albert. B. Bartlett, 1s endeavoring to secure mineral ex- hibits for the State Fair at Douglas, to enlighten the public as to the tre mendous nt production and fu- ture possibilities of the minerals. At present the annual production of minerals, including oll and coal, amounts to approximately $50,000,000, or about 80 percent more than the en- tire livestock valuation of the state. ‘The production of this wealth has kept the state in a healthy financial condi- tion, and has been a leading factor in the growth of our towns and cities and the building of highways, railroads, re- finerles, etc, ‘The State Geologiat’s office desires to keep in touch with owners of min- tng properties in order to call the at- tention of capital to them, and urges the shipment of ores and mineral specimans of all kinds to the State Fair, in order that a complete dis- play may be assembled. ‘Wyoming's mineral resource ly untouched as yet, have Pendous value of 50 to 40 billion dol lars, or about $256,000 per capita for a population of 200,000! We should as semble exhibits which will give some idea of these mineral resources. Capt- tal is needed for the development of these minerals, and the State Fair ex- hibits will help to focus the attention of capital. Minerals which should be exhibited include the following: * Coal, petroleum and refined pro- ducts, of] shale, tron, copper,. lead, zino, tin, nickel and cobalt, gold, sil- ver, platinum, uranium, radium and other rare metals, asbestos products, bentonite, Fuller's Earth, clay, cement materials and building blocks, soda epsomite and other salts, glass sand, road building materials, building ston graphite, gypsum and pro- ducts, manganeso, mica, mineral water, phosphate, potash, sulphur, and limestone. Thirty-one cash prizes are provided for first awards, and ribbons for sec: ond awards, preference being given to exhibits accompanied by assays. Ex- hibits should be as large as possible, should be carefully packed and shipp- er prepaid to the State Fair, Douglas, Wyoming, Mineral Department, and should be shipped at once. Fair dates September 11 to 14 inclusive. If their return is desired, transportation will be done by the railroad free of charge. New York Stocks Allled Chemical & Dye American’ Can -.._.. Amerioan Car & Foundry -—- 164B American International Corp -- American Locomotive .—-..— American Smelting & Refg. — American Sugar ------.----._ 595% American T and T 13% American Tobacco -——-—-.-. 146% American Woolen 868 Anaconda Copper 41% Atchison --..----------—-—--- 96% Atl, Gulf and West Indies 14 Baldwin Locomotive -. 121% Baltimore and Ohio - 49 Bethlehem Steel -. 52% California Petrroleum -__.. 19% Canadian Pacifico ------—--- 144 Central. Leather ----_-______._ 18 Cerro de Pasco Copper -------._ 40% Chandler Motors -—-—-_____ Cherapeake and Ohio ~~... Chicago and Northwestern —. Chicago, Mil and St. Paul pfd . 257% Chicago R. I. and Pao. -...-. Chile Copper --. meen STH, Chino Copper ——17% B Consolidated Gas ---—--___.. 62 Corn Products 127% Cosden Oil ~~... —-- 31 Crucible Steel ~-...---.. — 66% Cuba Cane Sugar pfd. ------..38% B Erle .--. —-. 18% Famous Players Lasky -. 1% General Asphalt - 27% General Electric ——---__-___-. 179 General Motors --.. 16% Great Northern pfd. ----.--.-. 54% Guilt States Steel ----_---. 8215 Tilinols Central .. ronnanne 10515 Inspiration Copper ------—~--28% B International Harvester —-. 73% Int. Mer, Marine pfd ------—-21% 8 International Paper --——. 84% Invinetble Oll -.-. Kelly Springfield Tire —-—--._ 31% Kennecott Copper -. Lima Locamotive Loutsville and Nas! Mack Truck Marland Oil = Maxwell Motors B -. Middle States O!l Missour! Kan and, Tex. (new) — Missouri Pacific pfd. -.----.... New York Central -.. N, Yu N. H, and Hartford —. 12% Norfolk and Western ~..----1044%B Northern Pacifio --.-_----.. 57% Pacifio Olt ronen-e ann -n------- 33 an American Petroleum B -... 58% Pennsylvenia -...... wennene 643 People’s Gas -----_---___.__...91%B Producers and Refiners -..--. 26% Pure Oil -—. wannnn------ 16% Reading -. wemewceneene= 75% Republic Iron and Steel -... AT% Sears Roebuck - 76 Sinclair Con ON. Southern Pacific Southern Railway Standard Oi) of N, J. Studebaker Ccrporation .. Texas Co. Texas and Pacific — Tobacco Products A .....-.. Transcontinentad Otl .. 4 Union Pacific ~. enone 129% United Retell Stores —-—-_._ 76% U. &, In@. Alcohol --.. 48% United States Rubber WW 40 United States Steel -. 91% Utah Copper . _ 60 Westinghouse lectrio 58% Willys Overland .. 7 American Zine, Lead and 8m. .84% B Butte an¢@ Superior -. 16% Colorado Fuel and Iron -.... 29% 63% % Standard Oil Stocks NEW YORK CURB a” Se" Anglo Buckeye .. 84% 85 Continental —-.-. 33% a4 Cumberland —_______.. 109 112 Calena -—. 61 63% Tilinots 158% = 15944 Indiana 96 oT% Nat, Tran ______% 24 N. ¥, Tran 101 102 Nor Pipe 108 104 Ohio Otl 55 87 Prairie Of 118 178 Prairie Pipe --—___. 101 103 Solar Ref. ... 115 180 Son ‘Pipe’ =... $6 96 S, O. Kan ~—— 40% 4215 8. 0. Ky -—wererawans,/ 88% 90 $. 10. Nex. oc 818 220 SON. Y. « 38% 39 8. 0. Ohio — 275 280 Union Tank —--.. 87 89 Vacuum ----——--_--. 44% 4545 8. P. On 124-128 S. O, Ind. mann 52% 52% phere Talat Crude Market Cat Creek ... = $1.75 Lance Creek 1.70 Osage .. en ennnennenne 1:70 Grass Creek 1.70 Torchiight aoe 1.70 EXk Basin 1.70 (OF AEE NEES ESE TT Rock Creel maecemmentoet 1:80 Sait Creek Big Muddy —~...--2-+ ene weeene 1.10 Hamilton Potatoes CHICAGO, Aug. 23.—Potatoes, firm receipts, 22 cars; total U. 8. ship- ments, 59: Kansas and Missourl sacked Irish Cobblers, U. 8. No. 1, $2.30@2.50 cwt.; mostly around $2.40 ewt.; Nebraska sacked Irish Cobblers, U. 8. No. 1, few sales at $2.55 cwt.; Nebraska sacked Early Ohios, U. 8. No. 1, $2.00 cwt.; few as low as $1.90 cwt.; Minnesota sacked Harly Ohios, U. 8, No. 1, $1.65@1.75 owt.; poorly graded, $1,85@1.50 cwt.; Utah aacked Irish Cobblers, U. 8. No. 1, $2.60 cwt.; Idaho sacked Rurals, No. 1, $9.70 2.75. ———_—— Bend your automobile news to ‘Spark Flug’—Care Tribune, Be 30 Blackstone Salt Creek .31 : Chappell -..-.. 27 Columbine —_____. .09 |Consolidated Royalty. 1.15 Domino —-—. 0 Elkhorn -——__.. .08 B. T. Williams —__ .69 Fargo 35 Frant -————--____. 4.50 Gates -.. .07 Jupiter” Kinney Coastal ~.... Lance Creek Royalty. ie Henry -__._. Mountain & Gulf — 1.14 Pleardy ».. 03 Red Bank — Royalty & Producers Sunset .—...._.... — Tom Bell Royalty ~ Western Exploration Wyo- Kane WW. .65 Western States 13% ¥Y on 08 NEW YORK CURB CLOSING Mountain Producers . 14.12 14. Glenrock Of] -.___.68 Salt Creek Prds, -. 16.62 Salt Creek Cons 7.25 1.75 New York Of] .... 9.00 10.00 Marine 4.25 4.75 Mutual 8.75 8.8 Livestock Chicago Prices, CHICAGO, Aug. 23.—(U. 8. Depart- ment of Agriculture.) —Hogs—Re- celpts, 34,000; uneven, mostly 10c lower; bulk good and choice 160 to 220 pound averages, $8.70 to $8.90; top, $8.90; bulk desirable 230 to 325 BY: -< Grains -:° Livestock -:- STOCK TRADING {WHEAT DEMAND [OTAREGULAR} TAKES SLUMP Advances Recorded In Ex-| Closing Quotations Fraction- change Trading Limited to Specialties ally Lower Following Liquidation NEW YORK, Aug. 28—Price move. CHICAGO, Aug., 23.—Grain futures ments in today’s stock market were| were easy today during the early inconclusive with professional traders} dealings, September wheat leading the inclined to sell the usual leaders on] decline. the unfavorable coal strike and repar- ations news. A few specialties were bid up for special reasons. Sales ap- proximated 600,000 shares, NEW YORK, Aug. 23.—Profes- ‘Trade was light with offer- ings influenced by lower cables and improved weather conditions, About 400 cars of wheat were expected to day. Liverpool quotations were lower on a reported sale of Russian wheat in France, equal to $1.10 a bushel. sional traders, apparently convinced| Opening prices here which ranged that the anthracite mines will shut] trom % to %o lower, with December down September 1, began to sell stocks again today with the result at the general list displayed a heavy tone at the opening. American Can dropped a point and Baldwin, United es Steel and Studebaker yielded jonally. Pierce Arrow, preferred, advanced 1%. Considerable irregularity developed in the later dealings, Corn Products, Allied Chemical, Sinclair Oil and Fa- mous Players extending their losses 1,04% to 1.04% and May 1.10%, were by a little rise and then by a alight general setback. After a brief spell of liquidation in September corn, all grains steadied down at fractionally lower prices compared with yesterday's close, wheat et the finish being off %o to with December $1.04% and May $1.10% to $1.10%. Heavy lquidation was on tn Septem- ber corn and prices declined sharply to a point or more. American Hide} with stop loss orders uncovered on the and Leather, preferred, advanced 2% | way down. Selling was general with points and Gulf States Steel, National Department Stores, Mack Truck and Foundation ompany each advanced a point. For- sign exchanges opened irregular. Temporary suspension of pool oper- ations, combined with a lack of pub: interest, enabled speculators to bring about a rather sharp recession of prices during the morning. Oils were again the weakest feature be- cause’ of the unsettled condition of try but a number of repre- shares, including Baldwin, Studebaker, American Can, Crucible Steel, Corn Products and Famous Players yielded 1 tol% points. Call money opened et & per cent. Shoe, buying ecarce. After opening %o American Brake} higher to %o lower, with December 67% to .67%, the corn market under- went a general decline. Demand for corn later improved and the decline checked, September rallying about 2 cents, while the new crops showed strong resistance and registered fractional losses. The close was weak, at e net loss of 0 to 1%c, with December 66% @67c. Oats sympathized with wheat. Starting unchanged to heavy off with December .41 to .41%, the market quickly began to sag. Provisions lacked support. WHEAT Open High Low Close pound butchers, $8.10 to $38.60; bulk Sept. 1.00 1.00% 1.00 1.00% Packing sows, $6.60 to $7.00; strong} ,,,Cnumal netivity and strength 19} Deo, 1.04% 1.05% 1.04% 1.04% weight pigs, $7.75 to $8.00; heavy-|‘h® Eries all o! hee i ed their | May 1.10% 1.10% 1.09% 1.10% weight, $7.80 to $8.65; medium, $8.40] U&hest prices of the year at advances} Conn — to $8.90; light, $7.50 to $8.90; light]°f 1% to 2 polnts, was attended by} cone samy 85% 81% 83% light, $7.30 to $8.75; packing sows,|"Umors of competitive buying. | This} Deo, — 67% 67% .66% .66% smooth, $6.0 to $7.10: packing sows,| outburst of atrength imparted « bet-| Xray, sevicbiadatie aveeliaree rough, $6.25 to $6.50; slaughter pigs,| ‘°F tone to the balance of the lst.) oats — ‘ 130 pound down, $7.00 to $8.26. spite eravee. Bree? 2emek Rrucest00e) | sgt: 39 89% 39.89%, Sheep—Receipts, 20,000; native tat| Vile. Kayeer and Public Service Of} Heo, 41% ALK 40% 40% lambs, fairly active; others slow; fat] S°W Jersey rising 1 o aera BNR DY 43 A348 lambs, stendy to 260 higher: other] ,,7he closing was treguiar. Nol Larp— grades and classes look steady; most | “ona! Lead, Famous Players and tn cont 41.40 11.48 11.07 11.10 native lambs to killers, $13.00 to| ‘crnational Harvester bro at ie 8) oct. ———-11.26 11.25 11.20 11.20 $18.25; early top, $18.50; some held| Points in the last hour but Tobacco} ping — Products, DuPont and a few other higher; one string western fat lambs, | Oe Were strong: peters $13.75; cull native lambs, largely $9.50 to $10.00, Cattle— Receipts, 14,000; better grades beet steers and yearlings, fair- ly active; others dull, weak; top ma- tured steers, averaging 1400 to 1500 pounds, $18.00; best yearlings, $12.00; few steers or yearlings here eligible to sell above $11.75; she stock, steady; Foreign Exchange | NEW YORK, Aug. 23.—Foreign ex- changes steady. Quotations in cents: 8.40 Sept. —— 8.87 Oct. Cash Grains and Provisions. CHICAGO, Aug. 23—Wheat—No. 2 red, $1.02% @1.03; No. 2 hard, $1.03% @1.06. Corn—Ni No. 2 yellow, 0%0. Oats—No. 2 white, 40% @42%c; No. 8 white, 40@ 11Ke. Rye—No. 2, 66@680. Barley— 2 mixed, 88@89%c; bulk canners and cutters, $3.25; heavy grassers, $4.00 to $5.00; weighty kosher cows, $8.50 to $9.25; bulls, steady; bulk heavy bolognas, $4.65 to $5.00; vealers, strong to 25¢ higher; bulk to packers, $12.50 to $13.00; outsiders, $13.00 to $13.6 stockers and feeders, around stead bulk, $5.50 to $7.00. Omaha Quotations. OMAHA, Neb., Aug. 23.—{U. 8. De partment of Agriculture.)—Hogs—Re- ceipts 9,000; good quality Nght hogs and butchers faifly active to shippers, steady to 60 higher; gocd and cholce 190 to 240 pound averages $8.20@5.30 top $8.85; 250 to 800 pound averages $7.25@8.20; other kinds slow: packer buyers not bidding, talking lower; looks steady to 10c lower on mixed loads and packing grades, average talk yesterday $7.27; wetght 271. Cattle—Receipts 3,700; market ty draggy; better grades fed steers; year- ngs and she stock steady; top year- lings $12; other grades mostly un: few sales barely steady; bolognas are steady at $3.25@3.75; little done on calves; early sales steady; stockers slow, lower; best stocker calves $ Towa calf club steers individual sales $12@13. Sheep—Receipts 12,000; steady; bulk fat western lambs $13 top $18.25; natives largely $12.25@ 12.50; sheep ateady to strong; feeders lambs are dull; weak; early top feeding lambs $12.90; choice ight top feeding lambs up $13.25, a Denver Prices. DENVER, Colo., Aug. 23-—<U. 8. Department of Agriculture.)—Hogs— Recetpts, 1,700; slow; mostly steady; top Ught to California buyers, $8.75; best butchers, $8.60; other sales me- dium and heavies, $8.30 to $8.55; bull of sales, $8.30 to $8.60; few drive-ins. $8.15 to $8.50; packer sows, mostly $6,560; few pigs, $6.75, Cattle—Receipts, 600; most all classes around steady; quality com- mon; few loads grass cows, $4.10 to $4.40; mixed cows and helfers, $5.00; plain cows, $3.25 to $4.00; few grass heifers, $4.50 to $5.00; plain bologna bulls, $8.50; plain steers, $7.50; mixed yearlings, $7,00; stockers and feeders, steady to weak; plain to medium light stockers, $5.00 to $6.00. Bheep—Recelpts, 1,300; steady; good 79 pound lambs, $12.40; one load feeder lamba unsold; Nevada ewes late yes NEW YORK, Aug. sugar was unchanged at 7.50 for fine granulated. The demand was light. 28.—Refined Sugar futures closed steady; ap- proximate sales, 19,000 tons. Septem- ber, 8.94; December, 3.99; March, 8.53; May, 3.60. ere Sa Flour Market. MINNEAPOLIS, Minn. Flour unchanged to 1 family patents, 6.10@6. Aug. 23.— cents higher Bran, 26.00. $2.60 to Great Britain, demand, 4.55; cab 4.55%; 60-day bills on banks, 4.5 France, demand, 5.59; cabl Italy, demand, 4.29%; cabl Germany, demand, .000022; cables. 2.93. Jugo Slavia, demand, .0105. Austria, demand, .0014%. Rumania, demand, .46. Argentine, demand, 32.50. Brazil, demand, 10.12. Mon- treal, 97 23-82. | Cotton | NEW YORK, Aug. 23—Cotton, spot, quiet; middling, 25.25. a Money, NEW YORK, Aug. 23.—Call money. firm; high, 6; low, 5; ruling rate, closing bid, 5; offered at 614; last loan, 5; call loans against acceptances, 4%; time loans, firm; mixed collateral 60-90 days, 6%; 4-6 months, 5%; prime commercial paper, 5@5%. Butter and Eggs CHICAGO, Aug. 28.—Butter, lower; creamery extras, 43c; standard 41%0; extra firsts, 41@42c; firs! 38% @40c; seconds, 37@37% Eggs, higher; receipts, 7,970 cases; Belgium, demand, 4.48; cables, 4.48%. 000024, Holland, demand, 39.34; cables. 7. Norway, demand, 16.30. Sweden, demand, 26.59. Denmark, de- mand, 18.60. Switzerland, demand, 18.07. Spain, demand, 13.34. Greece, lemand, 1.75%. Poland, demand. 0004%. Czecho Slovakia, demand, Timothy seed—$6.00@6.7 seed—$15.00@17.00. Lard— Ribs — $8.00@9.00. Pork— Metals NEW YORK, Aug. 23.—Copper, steady; electrolytic, spot and futures, 14@14%. Tin, firm; spot and futures, 40.25, Iron, steady; prices unchanged. Lead, steady; spot, 6.50@6.75. Zinc, steady; East St. Louis spot and nearby delivery, 6.50@6.55. Antimony, spot, 7.62. AALOWIN WILL MEET POINGHS DISCUSSION to Personal Conference Be Substituted for - Note Exchange. LONDON, Aug, 28—(By The Asso- ciated Press)—Recognizing the futility of a further exchange of lengthy notes on the reparations tssue, Prime Minister Baldwin has decided to meet firsts, 25@26%c; ordinary firsts, 24@| Premier Poincare upon the former's 24%0; storage packed firsts, 27%0. — return from his vacation at Aix Les Bains, it became known today. The British premier will not for- Flax Seed. DULUTH, Minn. Aug. 28—Close|™ally ask his French colleague for flax: September, 2.35% asked; Octo.| 4nd appointment but will make known ber, 2.30%; November, 2.29% asked;) Quietly through second parties his aecnber MSO, Asked, readiness to discuss the whole repara- tions problem in the light of the French premiers Intest note. NATRONA LAMBS BRING 519.10 AT SOUTH OMAHA B. B. Brooks this morning received word from Jolin Clay & Co., of South Omaha, that they had sold for him 1,821 lambs, averaging 170 pounds each, at $13.10; 72 ewes at $7.65; 33 eanners at four cents. The market is reported steady and slow. In his cattle sales Mr. Brooks dis- posed of 19 heavy feeders at $8.10 per 100; 80 feeders et $7.90; seven feeders at $6.25; 15 cows at $5.00; 27 cows at $4.75 Included tn the same sales w ranch lambs at 13 cents straight aversge weight 68 pounds feeders. at. The British premier feels that while in France he should profit by the sug- gestion contained at the end of M Potncare’s note that France was ready to discuss the indemnity problem verb- ally. It is thought possible Lord Cur zon, the secretary for foreign affairs, may partictpate in this conference. The meeting in all Ikel!hood will take place after Mr. Baldwin has had his vacation, and has tho considered |and matured Judgement of the cabinet before him, ———___. Singing that {s notseless to neigh bors in apartment houses {# now made possible by a deivce consisting of a drum, tube and mouthplece into which the vocalist practices, claims to t for welding metal and slasa, All Markets | S&. BONDS Liberty 8i%s eee OOS FORCE 200 Liberty 98.10 98.10 98 Liberty 98.14 98.12 98 Liberty 2 98.13 98.11 98 Liberty 98,31 98.28 93 Liberty 4th 4s 98.15 98.11 95 Ge A GOvtgr 4 Wn aera: 99.20 99.10 99 Foreign Czechoslozak Rep. 88 ctfe ——______ 93 92% — D. Danish Municipal 8& A —————_ 1.01% «1.01% 1.0 Dominion of Canada 6s, 1953 — 9 99 9 French Republio 74s — 83% Japanese 4s —____ 80% [8 Kingdom of Belgium 8s 3 Kingdom of Norway 9 Rep. of Chile Ss, 1946 10 State of Queensjand 6s 1.0 U. K. of G, B, & I, 5s; 1.0 American Smelting 5s Amer, Sugar és ._. American Tel. & Tel. Cv. Amer. Tel col tr 58 Anaconda Copper 7s, 1938 Anaconda Copper 6s 1953 At. T. & San. Fe gen 4s thlehem Steel con 6s ser. A . OL Union Pao. Ist 49 U. S. Rubber 5s Utah Power & L! Western Union 6 Westinghouse © Wilson & Co. ev Baltimore & Ohio cv 4%s— 89% 8 81% 8 98 9 11 Lo f 1 ‘ 4 1.09% 2 107% 10 84% 8 PLAINS TRUCK HAULS 60 TON MOTOR PUT TO HARD TEST HER Do you believe that one it moving? The Plains motor it every day upon the streets of Casper. a fairy story and so it begins like one. gasoline propelled mot successfully pull more than 60 tons of dead weigh and kee ght and ke truck can do it and is prov This sounds li Once upon a time a house stood near the corner of Seco: i O00 DRIVEN qUT BY FLOODS (Continued from Page One) in the disastrous flood which swept the Arkansas valley. ago, WALL OF WATER RELEASED BY DAM. PUEBLO, Colo., Aug. 28—Fertile farms and ranches in the Arkansas valley in southeastern Colorado ex- peri 1 one of the worst floods in re rs last night and early this nt ye morning when an immense trrigation reservoir on the Apishapa river south ¢ Fowler cracked and precipitated rush of water down The reservoir, built two years ago by farmers of the valley, was more than 100 feet deep and had a storage capacity sufficient to irrigate 20,000 acres. It drains a 90 mile watershed, ut recent rair and cloudbursts in the ri 1 too great @ strain on the structure and part of it guvo way. A wall of water variously estimated at from 10 to 20 feet high rushed down the valley when the dam col- lapsed. The break had been forseen, however, and telephone warnings had ion impos: been sent out so that residents in the path of the flood had time to escape o higher ground > loss of life has been reported early this mor It was reporte: of the vall 4 from various parts that the loss in live: will be considerable and that damage to farms, farm buildings, crops and Est mates early today were that the loss would probably reach $1,000,000, As the wall of water rushed onward it spread out until it covered @ course from two to three miles wide. This morning, with the crest of the waters still moving forward, the inundated area was approximately 60 miles long. phone communication with the valley towns was destroyed early in the night, but shortly before daylight messages got through to Fowler, Ord way and LaJunta, Fears were exprensed that LeJunta would suffer severely when the flood waters reached that point far down the valley. Damage to other towns in the district, it was believed, will not be great. At the town of Elder, 1,200 feet of Santa Fe railroad track was washed out and power and telephone lines were down, Barly this morning two Santa Fe trains, eastbound, were being held at Fowler pending repairs to the right- of-way, and another was stopped at Nepesta. Other trains on the Santa Fe were held at Pueblo. One work train had been made up and was awaiting daylight at Fowler and also for the fi side od waters to sub: before starting out to repair a. Newspaper men who ettempted to ach the inundated sect had little success until day! ra wo shapa r where flood into the Ar this nsas east ¢ r and the| |men are sought by d and Be h streets, It is now at L coln and Milton streets or very ni that point, and was moved there the sole efforts of one large, pov ful motor truck. Three sets of whi were placed beneath the 60-ton at: ture, the truck hooked onto a tonj upon the foremost set of wheels away they went. The Plains truck is manufactu im Denver and is a newcomer in automotive industry, but as a re: of such demonstrations as this, it undoubtedly revolu © the tr ing industry, The tr je of four wheel drive type, but is diffe: from the other machines of the «i type, in that its manufacturers h. eliminated the universal joint have so arranged tho steering -g that ball bearings are used throu out. When loaded to capacity, Plains truck steers as easily’. touring car, The truck laughs at sand, as it} so geared that instead of digging self into aand, the extremely sf and powerful movement of all fi of its wheels pulls the sand under tread of tho tire, and lifts the tr out of the hole, The truck will soon be represent in Casper and as a result of s' demonstrations as have occurred Casper during the past few days, ¥ undoubtedly prove very popular w men who want power and durabi! when they want it. - Silver YEW YORK, Aug., 23—Bar 4; Mexican dollars 47%, ~—_ Women Hunted Agreement See As Kidnape YORK, Aug. NEW —Two ¥ tives sen ing for three mon old Lillian ¥ Kenzie, kidnapped from her carris on Manhattan street last Saturcny One of the women sought !s a b gar. On Saturday she visited a nv ber of houses in Manhattan’s low west side, a crying baby in her arz seeking money. The other woman {s the child wife of a man whose fondness children made him desert there was one in home, 9 kidnapping ahe has vi mer home seeking her band. She is eald to have told bors that she has a baby n can't take it away from — Grafting the living nerve of a on to a man with success was the surgical wonders of th Feeling beoame possible and power of me > LONDON—A Central Patch from Berlin reports that tl government will ruthles: n foreign has been do. h penalty tn the and to 1 in others ate Ww 148 du and tha flict the 4