Casper Daily Tribune Newspaper, September 12, 1923, Page 7

WEDNESDAY, SEPT. 12, 1922 P.&R.CORPORATION REPLIES TO CHARGES Violation of Salt Creek Agreement Denied by Vice President Who Says Running 100 Per Cent Other Operators ‘Are Production Definite reply was given yesterday to the Conservation committee by the Producers & Refiners corporation in reference to its policy on the pro rata ruling limiting pipe line runs from the Salt Creek rield to 65 per cent of total tested production, On the sixth of this month a wire was sent Frank E. Kistler, president of the Producers & Refiners, by M. J. Foley, supervisor of the Conservation committee, stating that numerous complaints had been made by ad- joining operators charging the P. & R. with running a full 100 per cent of its production. It was asked at the time that this company state precisely its policy in regard to ob- serving and adhering to the new 65 er cent ruling. i In a letter written yesterday to the committee by T. B. Hoffer, vice- president of the Producers & Re- finers, is presented the stand taken by his company. That the Produc- ers Have violated, either secretly or overtly, the 65 per cent pro rata ruling, is denied by Mr. Hoffer. That other companies have violated the agreement by running 100 per cent production, is his charge. A com- plets statement of the attitude of the Producers & Refiners corpora- tion is given in the letter which fol- lows: Casper, Wyoming. September 11, “Sait Creek Conservation Committee. Casper, ‘Wyoming. Attention: Mr. M. J. Foley. Gentlemen: “Under date of September 6, you wired Mr. Frank E. Kistler with re- ference to the policy of the Producers and Refiners corporation in the Salt Creek ficld. Since that time the writer has been in touch with Mr. Kistler and is authorized to answer your wire as to the policy of this company in the Salt Creek field. “Please be advised that at the time the original meeting was held by the Conservation committee, the writer was present and stated to the com- mittee that the policy of the Produc- ers and Refiners corporation at that time would be to follow the rules a agreed upon and set forth by the committee. It was further stated at that time by the writer that this company was then laying thelr pipe into the field and that it was desirous of running the ofl from its properties and, consequently, having the tests made at such time as our pipe line was ready to take the ofl anticipating that the pipe lines would be con- nected to all of our properties by the time the different tests were to be made under supervision of the com- mittee. “When the prepation test was started, our lines were then con- nected to the properties in the south end of the field and this company joined in the tests on its various leases according to the rules of the committee. When the time came for tests on the middle and north zones of the field our pipe line department had not succeeded, on account of un- avoidable delays. In making con- nections to all properties and as we detired to have this flush ofl from these properties run into our own lines (as we advised the committee at the meeting held by it) and in ads dition, as some of our wells were not in condition to be tested, we refused to go into the tests until such time ag the pipe line was completed and the wells put fn shape to be tested, your committee being advised to this effect. “In view of the above, our rep- resentative, Mr, Freel, of the pipe Mne department, held a conference with certain members of the com- our oil run during tests of others in the middle and north zones. _ These figures were considerably less in our estimation that our wells would have actually produced on a 100 per cent test, but the same were accepted by wu “Since that time our pipe line de- partment has been running less than our prorata amount acording to these agreed figures and are, at the pres- ent time, taking less than 65 per cent of their total Salt Creek production as estimated and agreed to by mem- bers of the committee. “You are aware that other corpora- tors in the field have been running 100 per cent preduction from their Properties and have admitted this to us. Further, I an now advised that certain producers in the field have been notified to get their wells off- setting Producers and Refiners prop- erties in shape that they might be in @ position to run 100 per cent of their oll from these wells if they were so instructed. “Apparently other producers in the field have been permitted to run 100 per cent rrofuction. Nothing has besn sald to them and the only pub- lelty that has been given out is to the effect that the Producers and Refiners corporation has, and is violating the promises and state- ments made by officials of this com- pany to the committee, and it is be- lieved you were misformed as to the true status of the matter when giving out your statements. “This company is now tn a position to test {ts wells in the middle and north zones, Our pipe line having de connections to all the leases and most of the wells are in condition to be tested. I therefore, wish to advise you that, at your pleasure, Wo will make tests of our wells and submit results of the same to the committee for their information and on the basis of these tests we will run 65 per cent of or production, the Prorata amount set by the com- mittee. “However, we wish to inform you that {f at any point in the field where we are convinced that our neighbors are running 100 per cent production, that we expect to do likewise, but if you hold other producers in line, which has not been done in the past, you may be assured that we will do likewise. We are, however, unwil- ng to permit anyone to drain our “We are fully in accord with the decisions of yourself and the Salt Creek Conservation committee to Umit pipe line runs from the Salt Creek fied to 65 per cent of total Production and again state that we have run 100 per cent from only those properties where !t was known to ourselves that 100 per cent was being run from offset properties. “We seriously object to the state- ments made in your wire to Mr. Kist: ler as the statements made therein are not in accordance with facts. We fee] that there has been undue and unjust criticism of our company through the publicity given the matter by you and which has veen confined entirely to this company when it was known there were viola- tions in the field by others of which you were are and to which no publicity has been given. As advised you above, we will begin tests of our wells in the middle and north zones of the field at the pleasure of your committee, submitting the resuits thereof to the committee for their records and on which basis we wil! establish the 65 per cent pipe line rtns. Yours very truly, mittes, and figures were computed by them on tests in the south zone and Market Gossi Producers & Refiners Corporation. By T. B. HOFFER, Vice-president. p and Briefs On Operations in Oil Fields N. ¥. Standard Boasts Capital NEW YORK, Sept. 12.—Stock- holders of the Standard Ol) Com- pany of New York, meeting today, approved a proporal to increase the authorized capital stock trom §225,- 000,000 to $235,000,000 and author- ized the directors to issue all or any part of the increase to employes. The stockholders also approved of increasing the number of directors from nine to 11. Mountain Producers Dividend. Directors of the Mountain Pro- ducers on Tuesday declared the regular quarterly dividend of 3 per cent (30 cents a share) on the out- standing stock payable October 2 to stockholders of record of September 15. Louisiana Crude Cut The Texas company and the Guilt Refining company on Tuesday met the cut in the price of Smackover and Bellevue crude oils posted on Monday by the Standard Ojl com- peny of Louisiana. The reductions are; Smackover light, and Bellevue, 10 cents a barrel; and all other grades of Louisiana crude, 20 cents. Lease Ruling Revised, WASHINGTON, Sept. 12.—Under a new ruling of the interior depart- ment the government wil: not re-| quire leases of Indian lands to bear} the signatures of both the allottee and the husband or wife. The valid ity of such “documents caleying « single signature is already before the United States supreme court and the department held that until a decision has been handed down, the Present policy will be followed, The ruling which was announced in connection with an Indian oj! lease from Oklahoma, is regarded here as of great importance to in- terests dealing in Indian lands. Coal Mine Sola. GILLETTE, Wyo., Sept, 12.—A contract has been signed for the sale of the Peerless coal mine near here, according to word received at ¥ the Bank of Gillette. Judge Raymond together with other parties, are the purchasers, and as soon es the money ts forth- coming the deal will be closed. Attorney Kutcher of Sheridan, {s representing the Shields estate and the Bank of Gillette in the deal, and Attorney Mertz of the same place {: representing Sam Ditto, who has the coal under lease from the govern- ment. As soon as the transaction is) closed it is expected that the pumps will be put to work emptying tho mine of the water, and operations will be in full blast in a few weeks, Fargo to Run Crude Plans are reported to have been made by the Fargo Oll company to begin pumping oil through its pipe ling from South Casper Creek to the | §: Midwest Refining company here next Friday, properties, as.has been done in the! past. be Caspet Daily Cribune |_servonxsiots ]| on seems] PRICES SAG IN Allied Chemical & Dye --.-- .65% ‘Tobacco Wodien ----------. .86% Anaconda Copper Alte Atchison - ..-.--.-------<---- 97% Atl Gulf & W Indies -..-. .14%B Baldwin Locomotive ---.--—121% Baltimore & Ohio Bethlehem Steel -.... California, Petroleum ne |) ennn- 52% monnon~ 19% Paciflo -----—------1.41% ee 16% Canaian Canadian Pacific Central Leather ~.--..-.--. Cerro de Pasco Copper .. Canadian Motdrs ------.-.-. }Chesapeake '@ Ohio ---..-..-. Chicago & Northwestern.._.... «| Chicago, Mil. & St. Paul, pfd Chicago RI & Pac ~-... Chile Copper Chino Copper Consolifated Gas Cuba Cane Sugar, pfd ~. Erie - 2---c-ceeeeenee-oe-—. Famous Players-Lasky ---. General Asphalt General Electric General Motors ~-.~..-.--.-.. 15% Great Northern pfd -. 51% Gulf States Steel -.-.--...-.. 83% Illinois Central --....--------1.05% Inspiration Capper -------. 28% International Harvester - Int Mer Marine pfd -..----.. International Paper Invincible Olf ~..-.. Kelly Springfield Tire Kennecott Copper .----... Lima Locomotive ~. eorvene 65%, Louisville & Nashville -. BI Mack Truck -~.------~--. 8 Marland Oil --~..-.. wens: 26% Maxwell Motors ~----~.-.-- 12% Middle States Oll ~..-------- .05% Missouri Kan & Tex (new) .. 11% Columbine . —.-...... .09 Cow Gulch --._-_._ .03 04 Consolidated Royalty - 1.19 1.2 Lo ey -10 Blikhorn § -.. 880d EB. T. Williams .--.-- 56% 571% Fargo +38 5.00 09 Jupiter emenneewe § -0% 08 Kinney Coastal -2--~_-_ .20 122 Lance Creek Royalty - .00% 1 Marine — ... Mike Henry = Mountain & Gult Picardy Red Bank -.. < \ Royalty & Producers . .05 .06 Sunset -..---..-.-.--. 01% .02 Tom Bell Royalty ---. .0114 .02 Western Exploration ..3.15 WyoKans - -... Western States Y ou NEW YORK CURB CLOSING Mountain Producers -.14.12 14.25 Glenrock Oil -.. Salt Creek Prds Salt Creek Cons New York Ol! - Mutual - -- S O Indiana _ Cities Service Co: Livestock Chicago Prices. CHICAGO, Sept. 12.—(U. 8. partment of Agriculture.}—Hogs— De- Missouri Pacific pfd -. New York Central --... Norfolk & Western --. Northern Pacific = 130% Pacific Oil ---------~--------- 34% Pan, American Petroleum B.. pre 4 92% Producers & Refiners ---— .23% Pure Oil - 18% Reading - TA% ATH 79% 20% 88 Sinclair Con. Otl Southern Pacific Southern Railway - 33% Standard Oil of N J woeee 232% Studebaker Corporation ---.--1.04% TERRE (CO. occonwcoes 41% Texas & Pacific .-—-.-----. .20 Tobacco Products A ..-...--- .83 ‘Transcontinental Ol! Union Pacific -----..--------1.30 United Retail Stores - U S Ind Alcohol --... United States Rubber -. United States Steel -. woceeeee 204 Standard Oil Stocks NEW TORK CURB Anglo - --.-. Buckeye - ------. 83 Continental - 35 cu ad. 1.09 Calena . Grass Torehlight 1.70 Elk Basin -------------------- 1-10 Potatoes CHICAGO, SEPT. 12.—Potatoss weak; recetpts 115 cars; total U. 8. shipments 662; Wisconsin sacked and bulk round white 2.00@2.15 cwt; Min- nesota sacked sand land Ohlos partly graded 1.256@1.40 cwt junigiraded 1.00 @1.15 cwt; Minnesota sacked Red River Ohios partly graded 1.30@1.45 ewt; South Dakota sacked early Ohios U. 8. number 1, 1.45@1.55 cwt; Idaho sacked rur 10@ 2.15. Flour Prices, Receipts 28,000; uneven, mostly 15 to 250 lower; bulk good and choice 160 to 280-pound averages 9.15) 9.85; top 9.40; bulk desirable 240 t 900-pound butchers 8.80@9.05; most packing sows 7.40@7.65; few desir: able strong weight killing pigs 7.75 @8.26; heavy welght hogs 8.25@ 9.10; medium 8.85@9.35; light 8.30@ 9.40; light ight 8.00@9.30; packing sows smooth 7.60@ packing sows rough 17.20@7. slaughter pigs 6.50@3.25. Cattle—Receipts 11,000; fairly ac- tive; beef steers, yearlings, and de- sirable beef heifers strong to 5c higher; yearlings up more In spots; moderate supply well conditioned fed steers offered; desirable year: ings scarce; early top matured steers 12.90; bulk of quality and condition to sell at 11,00@11.50; runs includes about 3,000 western grassers; steady cows, canners, STOCKMARKET Exchange Flooded With Large Selling Orders and Decline Results NEW YORK, SEPT. 12.—-In- crease activity in today’s stock market was attended by sagging prices, many stocks yielding one to three points. Efforts to extend yes- terday's rise at the outset under the leadership of the sugar group was soon abandoned when large selling orders appeared for both accounts. Sales approximated $00,000 shares. NEW YORK, Sept. 12.—Price changes at the opening of today's stock market. United States Steel. Baldwin and Studebaker, the usun! leaders, all opened fractionally low- er but the main trend nevertheless appeared to be upward. . Davison Chemical advanced two points. Most of the ofls were higher, Hous ton rising a point. The market continued somewhat spotty in the early dealings. Good buying was noted in some of the sugar, textile and copper shares while the tobaccos were heavy. In- ternational Agricultural preferred dropped two points and Famous Players and Maxwell A one each. Harman Corporation advanced two points, Cuba Cane Sugar preferred ‘Jone and one-half and Punta Alegre one, Foreign exchanges opened ir- regular, German marks dropping to jess than one cent a million, a new low record for the year, | Considerable short selling and jduring the morning after an early period of hesitation and the general list lost ground. Resistance was of- fered, however, in a number of quar- ters, particularly by shares in tho | suger, merchandising and low priced rail groups, several of which | maintained their gains of the point or so. Heaviness was most marked In the olls, steels, equipments, motors and a few specialties, such as American Can, DuPont and + Foundation Company, which sold 12.07 12.07 12.05 12.07 one to two points below yesterday's 11.97 11,97 11.90 11.97 final figures. Call money opened at five per cent. owen ss: 9.00 Rallroads succumbed more gener- 05 9.00 900 ally to the heaviness o'sewhere in the early afternoon, New York Cen- tral, Reading, Chesapeake and Ohio, Southern Railway, Texas and Pa- cific, and St. Paul preferred losing about a point each, The Pan-Amer- ican shares staged,a sharp rally but most other industrials and special- ties lost ground. Central Leather preferred dropped 5% pointe. The closing was weak. Selling be- came more extensive late in the day when large blocks of usual leaders | profit taking came into the market } 3 trade firm; bulk stockers and feed: ers 6.00@7.50; quality meaty west: erns 9.00 and above; bulk veal calves to packers 12.00@12.50; bulk bologna bulls 4.25@4.75; bulk fed beer heifers 7.75@9.00. Sheep—Receipts 27,000; fairly ac tive; killing lambs and yearlings strong to 25c higher; feeding lambs strong; sheep slow, around steady; most fat western lambs 13.90@ 14.00; top 14.15; feeding lamks 13.60 @14.00; fat lambs 13.25@13.50; one prime load 14.16; culls largely 9.75@ 10.25; medium and handy weight fat owes 5.75@6.75; fat yearlings weth- ers upward to 11.75. RED CROSS AID lo ASSURED BY SUBSCRIPTIONS Continued From Page One. ashore rescuing foreigners, was sur- Department of Agriculture).—Hogt.| was impossible for any one to stay receipts 15,000; slow; medium to light}on deck. Yet the uninjured pas: butchers 25@35c lower: bulk 190 to/sengers joined as best they could 250 pound butchers $8.50@8.55; early|in fighting off the flames. top $8.85; some held at $9.00; mixed] 4 tow line from 4 tug to the Em- and packing grades fully 250 lower;| press of Australia had been cut bulk packing sows $7.50@7 ver-|when the first shock dropped the age cost Tuesday $8.28; weight 273./phottom of the harbor several feet, Cattle, receipts 8,000; slow; early/and the Jiner drifted—a plaything sales fed steers, yearlings and shé/of cosmic forces. But the demon stock steady; top matured steers and! fates that overwhelmed Yokohama yearlings $12.25; some hold hisher:|were kind to her, and she was bulk fed steers and yearlings $9.00@|towed out of danger, to return to 11.50; graes steers and she stock/the region of ruin when the fires dull to weak; few common to|had burned themealves out, medium grass steers $5.50@755:) Leroy Petty, formerly manager of Grase cows and heifers mostly $3.65), shanghai hotel, and 8. F. Murphy @5.50; 'canners and cutters $2250 | 5. representative in the Orient for 3.25; bulls and calves strong; bk), Sen Branciéco manufacturer of bolognaa $3.25@3.50; practical veal) oientitic instruments, detail n prim! top. $9.00; packers and feeders slow: |tiv, Grama that accompanied ‘the steady to easter: early ales desirable| cstactyam of the elements. They range feedera $7.00@8.00; top $9.00; | °* ” 9 y the officers and crew of the atockers mostly $5.50@7.00. Emprees of Australia, armed with @13.50; breeding ewes $6.50@7.55. eigners were subjected to cruelty in la city left for a time to the dead and to the ghouls haunting them. The Empress of Austrsiu, they re- late, wae saved from fire only by the coolness of her officers and by the istance of the steamer’s ateol navigator and a swedish ship which towed her to Safer anchorage near the remains of a breakwater. In describing thelr experiences today, the two survivers said the Denver Prices. DENVER, Colo., Sept. 12.—(U. 8. Department of Agriculture)—Hogs, receipts 400; market generally 15 to 25¢ lower; top $9.85 paid for one load 190 pound avéfages; small lots 180 to 200 pound weights §8.65@9.10; bulk of salen $8.55 90 to 250 pound packer sows steady; few sales $6.50 @6.75; some 240 pound sows $7.50; 7.50. ; Cattle, receipts 800; calves 50;/a ruthless mob of crazed plunderers: bulls around steady on most all|All the bodies of foreigners salvaged classes; desirable grass cows $4.40@|from the wreckage. recalled Petty 4.75; bulk of others $3.50 to $4.00;|and Murphy, had fingers hacked canners mostly $2.00; bulk cutterm|off and ears torn where ghouls had around $2.60; medium grass heifers|stolen jewelry. When the Japane $4.75@5.26; choice vealers vp to\naval squadron arrived, this city of $8.50; plain stock steers $6.50@6.75;/the dead, the dying and the home. medium. yearlings $6.65, ms was in chaos MINNEAPOLIS, Minn., Sept. 12. Fiour unchanged to 25c lower, 56.45. Bran unchanged to $1. -higher, $27.00@ 28.50, Sheep, receipts 2,000; fat lambs 25c) “I saw one foreigner shot in the higher; three cars 67 pound Colo-|back by a Jupanese policeman.” rado's no sheep or feed-jsaid Petty. ‘when: the foreigner er Inmbs sold early. stooped to pull a body from the were thrown on the market. Du«| Lard 12.17. and bulls steady to strong; vealers} pont ana Woolworth dropped 4.1-2| Riba $8.87@9.8 quality considered strong to ate Paisbatana Maanbrat tha cere meting i higher; country demand fairly | socks were down 2 to 3 points. | broad for stockers and feeders; Austria demand ,0014. Ru; a nmin rounded by a narrowing circle of|mand 47%. Rrasrting davecen Omaha Quotations. fire that seemed about to enkindle| 33.00, Brazil demand 10.12. Mon- OMAHA, Neb., Sept. 12.—(U. S./her. So fierce was the heat that it| treat $7 21-32 Sheep, receipts 21,000; lambs 25@|revoivers, shot severa) Japanese |{"® nd: The bridge no longer 500 higher; Dull western lamba looters who were attacking defense: | spanned anything: it ran over level | $18.60012-65; top to shippers $13.75: /iesg foreigners. | Weapons were | "1" Tee? venak fod clipped lambs $12,400 12.60; sheep taken to the foreigners left ashore, | tr, Tem St oe sai strong; ewe top $5.90; breeders |tnat they might protect themsel Cay a CaM wre ss strong; early sales desirable weight!’ Petty and Murphy add to the| 2% sar Panistie are feeding lambs 55 to 65 pounds $13.35) statements already made that for-|“UTPhY was thinking of earth- shaw. They passed through Walls fow stags $5.50: stock pigs strong to) Yokohama poltce, on duty continu:| 0? Viames betore they rat the higher; ‘best 60 pound kind for/ously without water or food, finally | ‘scus party from the Mspreie of stock purposes $8.00; other sales|became discouraged and deserted ‘Australia the city, leaving it at the mercy of, Grain :: Livestock NEWS AND QUOTATIONS BY LEASED WIRE CANADIAN NEW UPSETS WHEAT Closing Is Hea at Lower Prices as Result of Bear- ish Reports CHICAGO, SEPT. 12.—Influenced chiefly by weakness of Winnipeg quotations, fresh declines In the price of wheat took place here today dur ing the early dealings. Buying sup- port developed, howover, “under $1.05 for the December delivery. Trado was réostly of a local character. The opening, which ranged from 1-4 to 5-8c lower with December 1.04 7-8 to 1.05 1-8 and May 1.10 3-8 to 1.10 1-2 was followed by a moderate general sag and then something of a rally. Bearish crop estimates from Canada kept the market tending downward in the last part of the day. Prices closed heavy, 1-2 to 3-4c net lower, with December 1.04 3-4 to 1.04 7-8 and May 1.10 1-2 Despite reports of frosts, corn was casier with wheat. After opening 1-4 @3-8c lower to 1-8c advance, Decem- ber .68 to .68 1-8, thee market under- Went a slight setback all around. No important rally took place. The close was unsettled, at 1-4@3-8c net decline to 3-8c advance. December .68 to .68 1-8, Oats were steady in the absence of any decided selling pressure, starting at a shade off to 1-8¢ up, December 89 3-8@1-2, and later showing but little change. Lower quotations on hogs weaken ed the provisions market. Open High Low Close 3ept. 1.01% 1.02% 1.01 1.01% 1.05% 1.04% 1.04 1.10% 111% 1.10% 110% 85% 67%, 68% Cash Grain and Provisions. CHICAGO, Sept. 12.—Wheat No. 3| red $1.04; No. 2 hard $1.05%@1.13 0. Corn No. 2 mixed 89@89% 2 yellow 89% @89%. Oats No. 2 white 40% @4214; No. 3 white 38@40%. Rye No. 2 iS Barley 52@70, Timothy seed $6.50@7.75, Clover seed $16.00@19.00. Pork nominal. Foreign Exchange NEW YORK, Sept. 12.—Quota- tions in cent: Great Britain demand cables 455; 60 day bills on 452%. France demand 65. cables 5.78%. Germany demand -000001; cables .000001%. Holland Baltimore & Ohio ev., 4s lethlehem Steel 6s Series A 4s = Chicago, Mil. and St. Paul “hile Copper 6s ocyear Tire 8s, 1941 Great Northern 7s A Montana Power, bs A — Northern Pacific ref., 6s B Northwestern Bell Tel,, 7s Pacific Gas and Electric 5s Penn R. R. Gen., 5s _ Sinclair Con Oi! col Southern Pacific cv., Union Pacific First 4s U. 8S. Rubber, 5s Utah Power and Lig Westinghouse Electric Wilson and Co., ev., 6: Two thousand barrels daily {s the reported production of the Utah Oil Refining company’s Hughes No. SW% 2-26.90, in the Lost Soldier field. This well was brought {n Mon- day night at a depth of 1900 feat tn the Dakota sand. The fact thut large production has been encountered by the Hughes No. 2, is reassuring to other Lost Soldier operators. Some months ago this same well was producing from the Dakota sand and cuddenly stopped flowing, Decision was made to drill Maverick : All Markets PAGE SEVEN 99.30 99.80 Liberty First 92.40 95.10 98.20 Liberty Second 43 93.40 - 98.00 liberty Third, 4\s 8 98.22 23 Liberty Fourth 4\s 98.10 98.40 United States Government, 44s — 99.23 99.22 FOREIGN Czechoslovak Rep., 85 --. 93 28 Danish Municipal, §§ A . 83% «83% Dominion of Canada, bs, 1952 — 93% 984% French Republic Bits Japanese 4s 77% Kingdom of Belg! 99% 99% ngdom of Norway, 63 95% 95% State of Queensland . 100% 101 U. K. of G. B&T 193 100% 100% 100% RAILWAY AND MISCELLANEOUS American Smelting, 5s — 91% 91K American Sugar 68 —.- American Tel. and Tel., ev., 6s. American Te!., col tr., 63 — Anaconda Copper 7s, Anaconda Copper 6s, At. T. and San Fe gen., 4s Utah Oil Refining Brings In Gusher in Lost Soldier deeper by way of a test. It has been thought by many authorities that no further production would be struck in that portion of the field. Hughes No. 1, which was the dis- covery well in the north part of Lost Soldier and which came in at 8,000 barrels daily, has been dead for soma time. The rig has been skidded and | new No. 1 is now being drilled by the Utah O1] Refining company. In addition to its three drilling rigs on section 3, in Lost Scldier the company is now erecting another ana will soon have it rigged up. Union to Drill Two New Springs Wells Two new wells are to be drilled im-}as a total dally production of 8,000 mediately by the Union Ol] company | barrels has been reached the ling will of California, One of there is known | P* {nstalled. Ol! from this section in as No. 11 in the Maverick Springs field, and the other will be No. 2 on the Circle Ridge structure. Extensive development has been carried on by the Union at Maverick Springs and plans for laying a pipe ne from that fleld to Riverton will a heavy black and at present there is practically no market for it. | The first well of the Union as | Cirele Ridge was brought in from a very shallow depth and ts said to be & good producer. Further work in | this new field is therefor prompted | by the fact that no deep drilling ts demand 89.25; cables 39.28. Norway demand 16.07, Sweden demand 26.55. | Denmark demand 18.07. Switzerland | demand 17.86. Spain demand 13.47 Greece demand 1.86. Poland mand .0004. Czecho Slovakia de mand 8.00, Jugo Slavia demand 1.08. | _— ruins. There were numerous simi- lar cases, and some instances where whole parties of foreigners were fired on.” Petty was standing on the principal dock at the time of the first shock. He estimated that 350 Japanese and 60 foreigners per- | ished when the center of the dock collapsed burying a crowd. He hap-| Pened to be on @ small concrete sec- | tion which escaped. | He was watching the large creek near the Grand hotel which wae used as an anchorage for small boats, Suddenly its banks closed together, as if some titan hand were playing with a sand shape. The teeming sampans were caught in the vise; not a single boatman sur- viving. Later he walked over the location of the creek, and the only sign of it remaining was a bridge at were no changes in refined sugar, but the undertone was firm owing to the higher ruling of the spot mar ket, and a continued good inquiry was reported, Prices were listed at $8.15 by all of the local refiners ac- cepting orders, Sugar futures closed steady; ap. proximate sales 2,300 tons; Septem- ber $4.94; December $4.5 March $3.79; May $3.89. pees Butter and Eggs CHICAGO, Sept. 12.—Butter high- er; creamery extras .46; standards 45; extra firsts .43@.45; firats 4014 @41%} seconds .29@39%. ; receipts 10,887 cases Metals W YORK, #ept, 12 Copper Iquakes, discussing them, when the elty and buildings began toppling. | A few minutes before he had been examining the seismograph Tokio University, with the idea of | selling the scientific observatory | some equipment, and he ha the Grand hotel in Tokio with his | wife and four-year-old child. i} After innumerable hardships, | Murphy reached Yokohama afoot, pulling his wife and child in a rick He declared he saw several tn jured foreigners killed by Japaneso plunderers. Electrolytic, spot and near- 3 cj futures 13% @ l4c Tin steady; spot and nearby $42.37 futures $4 Iron steady; prices u nged. Lead steady; spot $6.75@7.00. Zinc steady; East St. Louls spot ud nearby delivery $6.52@6.55 Antimony spot $7.45@7.55, Sebel Sig Send your automovne news to “Spark Plug."—Care Tribune. | Guard Your Healih Surveying and Locations Geologists, Ol Experts, Ol Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. 0, Box 325 Room 10, Daly Bldg MIDWEST PHONE 1260—Plant | PHONE 707— be completed before long. As soon’ required. | Sugar NEW YORK, Sept. 12.—There NI ¥ YORK, Sept. 12.—Call mon- ey firm; high 5; low 5; ruling rate'5: closing bid 6; offered at 5%: last Joan 5; call loans against accept- ances 4%; time loans firm; mixed collateral 60.90 days 5%; 4-6 months 5%; prime commercial paper 54% @ ——_— | Cotton | | NEW YORK, Sept, 12.—Spot cot- ton quiet, $29,05. Silver NEW silver . YORK % | Flax Closing. DULUTH, Minn., Sept. 12.—Close flax, September $2.33 asked; Octo- 32.33% bid, ‘ovember 2.334% December asked; Ma 2 Casper-Salt Creek Stage Leaves Arkeon Bldg. 9 a.m. Daily Telephone 144 J.J. Stanton, Mgr. r CT. Aker ASPER ELECTRIC APPLIANCE CO. | [az ance st from 1992 1 Cc. 2 Lamps Repairing First Street Central Sehoo! Free Delty CLEANERS Uptown Shop: 106 E. Second y