Casper Daily Tribune Newspaper, October 22, 1923, Page 7

3 Sek hd OIL SHALE RESEARCH [new voxstoas | WORK JS BEING DONE Research work on ol! shale is now being conducted by the department of the interior, through the Bureau of Mines, in cooperation with the state of Colorado, the University of Utah and the department of conser- vation of the state of Indiana. The object of this work is two-fold: first, to determine the conditions of retort- ing that produce the highest yields of the best oj! from various shales, and second, to make a thorough study of methods of refining shale oll. Research conducted’by the Bureau of Mines at the Boulder laboratory, in co-operation with the state of Col-| orado, for the past year has been with an exper!mental vertical retort, a large horizontal retort and a small assay retort. The experimenta! vertical retort is so designed that !t gives results which might be comparable to those obtained from commercial retorts of this type. Experiments are being made to determine the effects of time and temperature of preliminary heating, holding at various temper- atures, use of steam jn the retort, etc. A complete analysis is made of all the products obtained, The results obtained with the hort zontal type of retort have not been very satisfactory as it gives a lower yield of a poorer grade than that ob- tained from other retorts, Most of the refining experiments of the Bureau of Mines have been centered upon the refining of gaso- ine or motor fuel from shale oil. ‘This work, which has been partly completed, has 63 93% Allied Chemical &D ye --.. ican Can ——~—~.---... Car & Foundry -. International Corp. Locomotive -.---- Smelting and Refg examination of kerogen, the approx- imate and ultimate analyses of the Shale and ash, the determination of the best conditions for recovering anfnonia or other nitrogen products from American shales. and thermal decomposition of the ofl-yielding ma- terials from of! shale. Determination of the distribution of sulphur and nitrogen involves the distilation of vartous shales from Atl, Gulf and West Indies_. Baldwin Locomotive Baltimore and Ohio ~-------- the most important deposits of this! Bethlehem Steel ——) 47% | country, and the examination of the| California Petroleum ------- 18% | products, The results of this study| Canadian Pacific ---—--—__- 143% may give important information re-|Central Leather -—. 13% garding the refining of shale oll. |Cerro de Pasco Copper The separation and examination of| Chandler Motors --...-.--. kerogen, and the approximate and ul-|Chespakeake and Ohfo_.__--_ 66 | timate analyses of the shale ss Chicago’ and Northwestern - 607%} ash, give information relative fo the| Chicago, Mil and St. Paul pfa 25% organic matter in the shale and the| Chicago, R. I, and Pac. --.. 21 oll yield. The study of the best|Chile Copper -. - 25% | conditions for recovering ammonia|©!ino Copper -----—-—-. 16% | includes a determination of the form) Consolidated Gas ----------- 61 in which the nitrogen compounds ex-|COrn Products -------—----- 124% Ist In the shales. Qoatten Of aap au ‘Tho process of thermal decompost-| Crucible Stee! -—-—----~. th tion has a considerable Dearing. on ee eee Sueee Paes ce | he various proposed theories of the cepmann nnn nenmenennnnn wn j origin of petroleum, ‘The rate of| pamous Flever, Lasky ------— $3 formation of bitumen has been de-| General Asphalt -r-----—---— 270% | termined at various fixed tempera-| General Bledtrio -—---——— A704 | tures by heating the samples of shale| Gomera) Motors =i nne---=—= Great Northern pfd ---- 53% in closed tubes for long periods of time. It had previously been learned that the decomposition of the or- ganic ingredient of the shale takes place below the temperature at which oll begins to form. Valuable infor- mation has been obtained on the re- Gulf States Steel --..------~ 973 Illinois Central Inspiration Copper International Harvester 72% | Int. Mer Marine pfd -.------ 25% International Paper -——-80%B ee 24% grades of these products can be pro- duced. Assay retort studies have been made with typical American shales, in comparison with shales from the foreign fields which are used in pro- ducing commercial shale oll. work should have an important bear- ing on the question of how far the present of] shale practice in foreign countries may be adapted for use in this country. At Salt Lake City, the problems being Studied are: The distribution of su!phur and nitrogen in ofl shale and its products, the separation and MENTAL AAAINES HERE (Continued from Page One.) again, earn a living. position of sales manager for the Midwestern states for Orrin Hol Ungshead of Camden, N. J. Then on November 12, 1921, some- thing snapped in the brain that wes slowly mending from the effects of a German shel! splinter, On that day the man who had been known to his associates as Hayward Thomp- fon announced that his name was Thomas A, Anderson. His firm, be- \eving that he had some good per- sonal reason for changing his name, raised no objection. To all intents and purposes Hay- ward Thompson was dead until Feb- ruary 22, 1922, when a former marine stepped into a Denyer hotel and no- tioed his old friend. ‘Hello, there, Thompson,” ho sald, smiting his friend on the back. With those words and that blow, Thomus A. Anderson vanished and Hayward Thompson again took his place. A painstaking search showed that he was in the Colorado capital with $6,000 in his pocket which he had accumulated by working as Ander- son, More hospitals followed in quick succession. It was while convales- cing and watching one of his doc- tors play golf that he first demon- strated his new power. A golf ball had been lost and elthough Thomp- son had not seen the drive he immed- ately went and found the ball with- out even having to search. The docter blindfolded him and found that he could do the same with his physical vision lost. Then there was the suggestion that if he could find golf balls biindfolded he ought to be able to drive a car the same way, and that was the way ho sfart- ed on his exhibition of driving with his eyes bandaged. Later when health and memory were restored to him he began to make blindfolded drives through a 8B lation between time and temperature |PVineible | Ol) —---——w---== su at which this primary) dissociation paid Ci on nal adhere td akos place, @ study further in- ae Lag aoe can be nea | Yulves the chemical and phyalcat ex.|2i™% Locomotive -—---—----- 6% arvination of the soluble bituminoun| awsville and Nashville ---- 86. Mack Truck -----e-eren=--=- 71% subs‘ance which is formed from the) xraciand Oll 22% organio matter of the shale by the|a:o" sen Motors co A SOREN OF Be RERE: Middle States Oil -----—----- 5% The work conducted in coopera: Missouri, Kan. and Tex. new 11% This| Hon, With the University of Indianc|sfissouri Pacific pfd -- 26% Invoives the study of geology of the|New York Central .------- 99% shale deposits throughout the stato, N. ¥. N. H., and Hartford -- 11 and the examination of numerous| Norfolk and Western ------- 102% samples collected from all the depos:|Northern Pacific ---. - 51% its. A series of reports.on these PAO 1O8 Ys ence ereeren a6 shales has been tssued in mimeo-|pan American ePtroleum B- 52% graph form, It was found that In- Pennsylvania --—-—---------- 41% diana has deposits of valuable| people's Gas —----— ~-89%B oil shale, though the shales are not Producers and Refiners -—-. 21% as rich as the western shales. Pore (ON, cere eceawen AU FReGdifig: = foe beeen cities for aflvertising purposes. His Republic Iron and Steel - 43% first public appearance was in Cas-/Sears Roebuck ------------ 78 per in July, 1922, At that time he, Sinclair Con Oil - caus had not started to make long drives,|Southern Pacific ----------~ 86% ‘These were developed later, unti! at/Southern Railway ---—---. 2% the present time he thinks nothing! Standard Oil of N, J. -------- 32% of making a 60 mile drive with his|Studebaker Corporation ---- 96% eyes blindfolded. | Texas CO, eneccesenccccunsoon rg The work he did in Casper attract. Tobacco Products A -------~ ed wide attention and he was called, Transcontinental Ojl ------— 1% ail over. the ‘Unite Btates‘and ‘into| Union Pacific | --———-———-— 1886 shaken ‘but determined to | Mexico to do his stunts. Thompson | United Rete ea sae pee 5 inten’ is first stunts, U. 8. Ind. Al Saar RNR He worked up ‘o th®lnut gradually developed. then, tan,| United States Rubber ——— 3% gas, each new appearance better than Lg ats Steel Hed the last. His exhibition in Caspe: opper ..--. will be a treat. 5 "| Westinghouse Hlectria -———— a Thompson cannot explain his Willys Overland cullar mental powers any, more than American Zinc, Lead ané 8m 7B Butte and Superior ---------13% B Colorado Fuel and Iron --. 25% Montana Power -—. 59% the learned doctors and psycholo- sists who have tried to do so, “Don't ask me how I do it," he says. “I don't know, It's always been| National Lead --—-—-----——~ 119% the same. A blindfold which com-| Shattuck Arizona eerie pletely covers my head is made by some reputable and well known firm. I don't see the blindfold. It is ap. piled by some public official, Then | Standard Oil Stocks I go to the car. I am scared and shaky, but when I get in something| happens. I gain confidence. I ereagye'7 feel safe and comfortable, and I'm| Anglo ae ariving. I know when traffic sig-|Buckeya — Bik bid nals are given but I don’t know how| Continental ad I know, I have passed between|Cumberland --—-—— 106 107 two automobiles coming in opposite|Calena el Gtrections and I have done it bY in-|Iilinois crise ches and knew I was doing it at tho| Indiana ert hee time, I can park where I wish and|Nat. Tran ----——----- 22 22% park tn the clear, I have never|N. ¥. Tran 93 -_-95 had an accident except once, that|Nor Pipe ---—-——---- 101% 108 when I was arrested for speoding in|Ohio Ol! -.---_ 644th Texas when I was going blindfolded) Prairie Oll ------—~-- 167% 168% at the rate of 48 miles an hour.” {Prairie Pipe -——-— 99-99% ——— Solar Ref -----—--- 171 179 fou Pine’ 1 92 Guernsey Test Tools Recovered. (5 6. Kan —- 39% 40 ‘Two of three strings of tools lost/s. 0. Ky 1s 08 several months ago in the Guernsey|s ©. Neb. _. —~ 215 225 test near Guernsey, Wyo., have fin-|s 0. N. ¥. 42% 42 ally been recovered after continu-\s ©, Ohio... -~ 270 274 ous fishing, In addition to the lost\tmnion ‘Tank = 87 95 tools that were 12 joints of cag-|vaquum 50 FO ing loose in the hole, which is down|s p, Oil .. —-- 116% 117% 2,150 feet. 8. O. Ind. ---—----—-- 55% 65% Thore is still a string of tools caught in a mesh of cable about 200 feet from the top of the hole. It fe hoped that a rope spear will extricate this string before another week has passed. Crude Market | Cat Creek: mon. cannes ovemmaeenn 1.98 Lance Creek ---------—------- 1.20 ‘ 1.20 ~= 1.85 ASK YOUR GRANDFATHER. Keep looking young by having the _ right complexion ‘The first signs of age are shown in the skin. Remember that a soft, smooth complexion is not to be had after the age of twenty without Persistent effort. As cleanliness is the basis of beauty, give yourself a beauty treatment with Resinol Soap tonight, and you will un- derstand why thousands of women consider it the ideal cleanser. By power of the Resinol it Son tniees ‘ Lekperacd the skin against germ development— | the acknowietige’ primary cause of skin disorders, “Simply perfection for any complexion” Resin Torchlight -.---------e0en=--—= ie | Elk Basin 1.3! Brit Greybull Creek .. Big Muddy Hamiiton Mule Creek Sunburst Foreign Exchange || NEW YORK, Oct. 43,—Foreign exchanges weak. Quotations in cents. Great Britain, demand, 4.49%; cables, 4.49%; 60-day bills on banks, 4.46%. France, demand, 6.77%; cables, 5.78, Italy, demand, 4.45; cebles, 4.45%. Belgium,’ de- mand, 4.96%; cables, Ger- many, demand, .0000000022; cables, 0000000022. Holland, demand, 38.92; a) cables, 38.97. Norway, demand, Ww 17.26. Sweden, demand, 26.26. Den- itsis ereirs mark, demand, 17.36. Switzerland, digorders are | jemand, 17.82. Spain, demand, already present (15.32. Greece, demand, 1.56. Poland, a few touches ofResi- | demand, .000078, Czecho Slovakia, Che Casper Daily Cridune ee Stocks Oil Securities ‘Wilscp, Cranmer & LOCAL OIL STOCKS Bid 25 aT Big Indian ----—-—-- 1 pty Boston Wyoming -—. .70 .75 Buck Creek ~-.-----. .16 18 Buck Creek -------- .16 AT Burke -—----—-—-— 20 Blackatone Salt Creek 33 |Chappell -_.. aT Columbing -..---—--. a Central Pipe Line --.- 2.00 Consolidated Royalty . Lit Cow Gulch ...-------- 4 Domino ..--. 10 Elkhorn .~. 04 EB. T. Willams ...—. “a 30 5.00 09 Jupiter ...-% 03 Kinney Coastal ----.. 19 .21 |.ance Creek Royalty. 01% .02 Marine -- meomewnnn 4.25 4.50 Alike Henry ----2---— .00% .1 Mountain & Gulf --- 1.16 1.17 New York Off -_---- 8.00 Picardy 04 Preston 01 Red Bank ~—..--—.- 2.00 Royalty & Prottucers - .06% Buns conccncasncesce, -03 Tom Bell Royalty -.. .02 Western Exploration . 2.20 Wyo. Kana -.--.. 50 Western States At Ol) po eennemenen—— «07 NEW YORK CURB CLOSING Mountain Producers - 14.00 14.25 Glenrock O!l .-----~-- 63 70 Sait Croek Prds ----- 18.00 18,25 Salt Creek Cons 00 7.50 Mutual ~...-----------. 8.87 9.12 Cities Service Com. ~~ 129.00 180.00 —— Livestock CHICAGO, Oct. 22—Hogs. Re- ceipts 54,000; uneven, mostly 10 to Se lower; desirable butchers show less decline; mixed kinds off most; bulk good and choice 240 to 325 pound butchers 7.35 to 7.45; top 7.50; 190 to 230 pound averages mostly 7.15 ta 7.30; bulk packing sows 6.25@6.50; aestrable weighty slaughter pigs 5,50@6.00; heavy weights 6,95@7.50; medium weights 7.00@7.50; ght weights 6.50@7,25; light lights 6.00@6.90; packing sows smooth 6.25@6.50; packing sows rough 6.00@6.25; slaughter pigs 5.00 @6.26. Cattle. Receipts 36.000; slow; kill ing quality plain; fat steers run largely short feds; receipts include about 11,000 western grasser: prising Uberal supplies better grain fed steers, year! fat she stock about steady; others weak to 25c lower; early top year- ings and handy fed steers 11.50; bulk early sales 9.00 to 11.00; 11.85 bid on long fed weighty steers; early sale western grassers about steady; five loads to killers 6.15; three loads meaty kinds to feeder buyers 7,65; plainer kinds 5.75 to 6.50; bulls steady to weak; vealers 25 to 500 lower; bulk to packeds 10.50@11.00; stock- ers and feeders about stead: Sheep. Receipts 36,000; killing classes steady to strong; feeding and breeding sheep steady; feeding Iambs slow, steady to weak, none sold; 00d to choice fat range lambs 12.50; most natives 11.76 to 12.00; culls largety 9.00; good fat range ewes to killers 5.00@5.50; good mixed full mouthed, feeding and breeding ewes 6.00. OMAHA, Neb, Oct. 22—Hogs. Re- celpts 5.500; slow; good butchers mostly steady to strong; spots 10c higher; others slow; few sales around steady; bulk 200 to 825 pound butch- top 3 loads H packing sows 6.40; average cost Saturday 6.48; weight 270. Cattle receipts 21,000; slow: bet ter grades fed steers and yearlings steady; others and she stock weak to 15 lower; best yearlings 11. bulk fed steers and yearlings 8.50 @10.60; gras# steers 575.@7.00; grass cows and heifers 8.50@5.25; bulls weak; bulk bolognas 3.35@3.75; veals strong; practical top selected lights 10.60; good and chotce stockers and feeders steady; others dull 10 and 15¢ lower; bulw stockers 5.25@6.50; bulk feeders 6.00@7.01 early top 7.86, Sheep, Receipts 15,000; fat and feeding lambs steady to weak; bulk native lambs 11,00@11.50; westerns 11.75@12.00; early top 12.10; sheep steady; best range yearlings 9.50; wethers up to 7.50; Mght and handy weight ewes 65.004)5.50; early sales feeding lambs 11.86@12.00; feeding ewes up to 4.25. DENVER, Colo., Oct. 22,—Hogs recelpta 900; generally 15 to 25c higher; few early sales up less; top $7.25 id for 180 to 195 pound av- erages; bulk of sorted loads $6.85@ 7.00; some drive ins down to $6. early sales packing sows stoady; mostly $1 around 25: calves $5.00; fat she stock and stockers and feed- ers steady to 160 lower; classes around steady; desirable heif- ers $5.00@5.65; early sales cows most bologna bulls $38.00; medium Killing steers $7.40 to $7.50; early feeder steers $5.75@ 7.00; best held above $7.60; feeder| helfers $4.35 to $5.00. Sheep, receipts 80,000; moderately active; fat lambs early sales steady; one load fat common fed lambs $11.75 flat; few cars range lambs) $11.30; fow cars 60 pound feeder | lambs $11.50; around steady; two loads common wrinkled 69 pound) Utah's to feeders $9.00; sheep scarce; no early sale: nol Ointment usually | demand, 2.97. Jugo Slavia, demand, clears them away and 1,22. Austria, demand, .0014. Ru- restores the natural mania, demand, .47 Argentine, glow of health, demand, 32.12. Brazil, demand, 9,45. Kansas City Quotations, _ KANSAS CITY, Oct. 22.—Cuattle S AND QUOTATIONS BY LEASED ‘STOCKS DROP other | $3.50@4.25; cannera mostly $2.00 | receipts 6,000; calves receipts 6,000; very slow: steerg steady; others weak; no better grades killing | $' > Grain ON THE MART Foreign Developments Are Factors In Drop Off Of Issues NEW YORK, Oct. 22—Stock prices turned heavy in today’s quiet stock market after a rather firm opening. Weakness of the British and conti- nental exchanges in reflection of un- favorable German political develop-| ments and a renewal of bear selling| in Rubber, Textile and motor acces- sory shares had a depressing effect on sentiment. Sales approximated 500,000 shares. The closing was heavy. Trading in the usual leaders became extreme- ly sluggish in the late dealings. In. ternational Harvester, United States Industrial Alcohol and Coco Cola yielded substantiahy to gelling pres- sure. Irregularly high prices character- ized the opening of today's stock market with a brisk demand noted for the tobacco and certain ratl- road shares. Reynolds Tobacco B advanced one point to a new 1923 high and gains of a point or more also were registered by Norfolk and Western, Hartman corporation and Associated Dry Goods. The main trend continued upward In the first half hour with the best salns belng registered in the equip- ments, independem ateels and mer- chandising —_ issues. Woolworth jumped four points to 269, a new top and gains of a point or so were established by Baldwin and Amer!- can Locomotives, DuPont, Norfolli and West Virginia, Sears Roebuck and Wheeling and Lake Erte. Heav- iness again cropped out in some of the northwestern rails and minor oils. Foreign exchanges opened heavy in reflection of the disturbing political news ‘from Germany Fresh buying power was soon ex- hausted and the general lst turned "downward before noon because of the market’s inability to absorb ex- cept at concessions, the profit taking sales of floor traders and the in- creased offerings of short interests. Special weakness cropped out tu the railroad, rubber and textile shares, while the usual industria! leaders slipped fractionally below Saturday's c'osing figures. Auto Knitter broke three points to 8%, a new tow, and Northern Pacific, New Ha- ven, American Women, National Ei ameling, Kelly Springfield, U. s. ,| Rubber first preferred and Goodrich Rubber preferred dropped one to two points. Call money opened 4% per- cen’. The reluctance to incroase com- milmenta on the long side of the market in the face of the persistent selling of special stocks, particu: larly the motor accessory shares, enabled the bear faction to carry the general lst lower !n the early after- neon, Tinited States Rubve- first preferred Gropped four points and 9 number cf other industrial shares lost 1% to 2% points. Wostworth extended its rise to six pointa touch- Ing 271, NEW YORK, Irregularty high prices characterized the opening of today’s stock market with a brisk demand noted for the tobacco and certain railroad shares. Reynolds Tobacco B. advanced one point to 4 new 1923 high and gains of a point or more also were registered by Nor- folk and Western, Hartman corpor- ation ‘and Associated Dry Goods. py dance arsestalla Metals LONDON, Oct. 22—Bar allver 32% per ounce. Money 2% per cent. F] NEW YORK, Oct. 22.—Copper— Quiet; electrolytic, spot and futures, 12%. Tin—Basy; spot and nearby, 41.12; futures, 40.87. Iron—Steady; No. 1 northern, 23.00. No. 2 northern, 22.00@22.50; Livestock : LITTLE BUIING ON WEAT AT Unsettled Conditions In Germany Tended to Keep Demand Down CHICAGO, Oct. 23—Scattered sel!- ing of wheat made the market easy today during the early dealing. There was no demand to speak of. Unsettled conditions in Germany and talk of increased Russian exports received considerable notice but ap- parently had little effect on prices. ‘The opening, which ranged from %o decline to a little advanee, with De- comber $1.05%@1.05%, and May $1.10% @1.10%4, was followed by a slight upturn in somo cases and then by a moderate general sag. Fine weather was an advantage to bears in corn and oats after open- ing at %@%o lower, December 75 @75%c, the corn market underwent a further drop, Oats started %@%o higher, De- cember 42c. Later all months showed some lo8s, Provisions were weak in line with hog values, Open. High. Lew. Close WHEAT— Dec, _ ~ . 1.05% 1.05% 1.04% 1.05% May . . 1.10% 1.10% 1,09% 1.10% July ~ - - 1.07% 1.07% 1.06% 1.07 CORN— Dec. . = - .75% .75% .14% 74% May . . - 72% 72% .71% .71% July = =. 18% .72% 71% .72 oaTs— Dec... - 43 43 41% 41% May . . 44% 44% 44.44% July ~ - - 43% 48% 43% 43% LARD— Ont S75 12.50 12.85 12.50 Jan, - 2, 1415 11.25 1.0 11.17 RIBS— Oct. . 2. . 9.50 Jan.- =. 9,20 Subsequentiy, corn weakness ac! ed as something of a weight on the wheat market, and so too diq an in- crease in the United States visible supply of wheat. ‘The close was un- settled at the samo as Saturday's finish to %%e lower, December $1.05% @1.05% and May §$1.10%, Demand for nearby deliveries was less in evidence than has recently been the rule. The market closed heavy, 1 to 8c lower, December 14% @74%c and May 71%e. MINNEAPOLIS, Minn., Oct. 22— Wheat: Cash number 1 northern 1.18@1.19; Number 1 dark northern spring: Choice to fancy 1.21@1.20; g00d to choles 1.18@1.21; ordinary to good 1.16@1.18; December 1.14; May 1.17%. Corn number 3 yellow .96@.98. Oats number 3 white .88@.38%. Barley 62@.63. Butter and Eggs NEW, YORK, Oct, 22.—Butter firm; receipts 7,082; creamery high- er than extras 48%@49; creamery extras (92 score) 480; ditto, firsts (88 to 91 score- 43% @470; packing stock current make number 2, 30%@3i1c. Eges irregular; ditto firsts 385@40c; ditto, and poorer 28@340; Pacific coast whites extras 72@76%c; ditto firsts to extra firsts 60@70c; refrigerator firsts 30@320, Cheese unsettled; receipts 84,881; pounds. State whole milk fiats fresh fancy to fancy special 26% @ 27c; ditto average run 25c; state whole milk twins fresh fancy 26%; ditto, average run 25c, CHICAGO, Oct. 22.—Butter—Un- settled; creamery extras, 47c; stand ards, 45c; extra firsts, 45@46c; firsts, 42@43c; seconds, 41@42%c. Exggs—Higher; receipts, 9,538 cases; firsts, 34@40c; ordinary firsts, 27@28e. Potatoes No. 2 southern, 21,00@23.00. Lead—Stendy; spot, 6.85. Zinc—Quiet; East St. Louls spot and nearby, 6,89@6.35, Antimony—Spot, 7.60@7.65. NEW YORK, Oct. 22—Bar silver, 63%; Mexican dollars, 48%. - NEW YORK, Oct. 22.—Refined sugar was inactive and unchanged $9.15@9.50 on list prices for fine granulated. Refined sugar futures nominal, choice weighty corn fed on sale; best handy weights $10.60; part load yearlings $11.00; beef cows steady to weak; canners and cutters steady; most! $2.25@3.50; bulle steady; bol- ognas $3.50@4.00; calves dull; 26@ 60c lower; practical top veals $9.50; desirable stockers and feeders around steady; other classes slow; bulk early sale $3.50@.15, Hogs, receipts 18,000; mostly teady to 10c lower; shipper top $7.10; packer top $7.05; bulk of sales $6.40@7.05; desirable 210@280 pound $7.00@7.06; bulk 170@200 pound $6.40@6.9 bulk 180@160 pound $6.00@6.30; packing sows mostly $4.50@6.50; stock pige woak; mostly $4,605.26, Sheep, recelpts 12,000; killing classes generally steady to strong; top western lambs $12.35; others mostly $12.00@12.25; range ewes early sales western feeding lamba $11.00@11.50. CHICAGO, Oct. 22—Potatoes about steady; receipts 208 cars; total U. 8. shipments 1,418; Wisconsin sacked round whites U. 8. number 1, .90@ 1.10 cwt; Mostly around 1.00 owt; bulk 1.00@1.15 cwt; bulk poorly grad- ed .90@.95 cwt; Minnesota and North Dakota sacked round wh! U. S, number 1, .90@1.00 cwt; ditto, bulk .90@1.05 cwt; few 1.19 cwt; Minesota and North Dakota sacked Red River Ohios .90@1.05 owt; bulk -90@1.00 owt; South Dakota sacked and bulk early Ohios U. number 1 and padtly graded .90@.95 cwt. ee Grain Supply Increases, NEW YORK, Oct. 22.—The visible supply of American grain shows the following changes: ‘Wheat increased 000 bushels. Corn decreased 53,000 bushels. Oats increased 1,634,000 bushels. Rye increased 643,000 btshels. Barley increased 44,000 bushels. ps waskonete tah linne By Gas Strack in Beatty Test. A strong flow of gas haa been en- countered at approximately 850 fect in Beatty test well on the Beat- ty-Tarrant lease, 30 miles southwest of Buffalo, If the flow continues in its pres- ent quantity it is probable it will be used as fuel for continuing the test to lower formations, ————~ Elk Basin Plant Closed. - ‘The gas plant at Elk Basin has been closed down since the first of the month. Superintendent Stauffer and most of his men have been transferred to Salt Creek. It is re- ported that a large amount of gas is going to waste. This loss is esti- mated at about 750,000 cuble feet a day. Liberty 3%s -. Liberty First 4%s Liberty Second 4\s Liberty Third 4\%s Liberty Fourth 44s -_.. U. 8. Government 4%s ———--.... ¥O) Czechoslovak Rep. Danish Municipal 8 A —.-.... Dominion of Canada, 5s, 1952 French Republic 748 —----.-._-.. Japanese 4a —_. Kingdom of Belgium 8s Rep. of Chile 8s, 1946 State of Queensland 68 ——.—— eee Kingdom of Norway 6s -...-...-__-_. U. K. of G. B, and I, 5448 °37 101% «10% 101% RAILWAY AND S0SCELLANEOUs American Smelting 58 -—-~-----—-. 90% 91 American Sugar 6s —--__-.-——. 101% 101% American Tel and Tel cv., 6s —-—— 116% 116% American Tel and col., tr., 68 ——-—_--____-- 97% «97% Anaconda Copper 7s, 1938 ~.-.----_-____.-..-. 28% 8% Anaconda Copper 6s, 1953 -.—-___ 96% 96% At, T, and San Fe., gen 48 ——.______________. 87% 87% Baltimore and Ohio cv., 44s — 83 83 Bethlehem Steel con 68, Series 96% 96% Canadain Pacific deb., 4s 79% Tom Chicago, Burlington and Qui y 9 6 8% 98% 98, Chicago, Mil and St. Paul cv., 44s -—--___ 56% OO 56 Chile Copper 68 ~. Goodyear Tire 8, Great Northern 78 A ~. Montana Power is A. Northern Pacific ref., 68 Northwestern Bell Tel. Pann. R. R. gen., 5s Sinclair Con Oil col 7a Southern Pacific cv., 4s -. Union Pacific First 4s U. 8. Rubber 6s ___ Utah Power and Light 53 Western Union 6%8 ~~ . Westinghouse Blectric 7s Wilson and Co. ev., 68 -—-. ki TEAPOT DOME {GERMANS START BEING PROBED |NEW REPUBLIC (Continued trom Page One.) tors in the adjoining Salt Creek field. “I estimate that 1,600 acres, or 70 per cent of the estimated oll bear- ing area,” said Mr, Clapp’s report. “are susceptible to imminent drain- age or the reduction of percentage of recoverable of! by wells drilled in the adjoining edge of Salt Creek field and that about 80 per cent of the ofl bearing area is insusceptible of such drainage or reduction to any commercial degree.” Mr. newis did not estimate the Percentage subject to drainage but said that a few rows of “protection” wells, drilled along the Salt Creek border would have given partial pro- tection against drainage. Of the government's lease to the Sinclair interests, Mr. Lewis said: “The special conditions now known to occur made the leasing of the reserve as a unit even more desirable than could have been an- Uctpated when the lease was exe- cuted. The risk of damage was not so urgent In itself as to necessitate the immediate leasing of the reserve, which could have been delayed for some months if enough were to be gained thereby to compensate for probable losses but that question leads into important considerations not within the scope of my investi- gations.” On the same point Mr. Clapp re- ported as follows leasing was neces- alternatives to the exist, but physical conditions are such that the present one appears to offer as many points of wisdom, if not more, than would the suggested substitute with one possible exception.” ‘This exception, he added, was the lease of tho 70 per cent he found subject to drainage and retention of the 30 per cent he believes immune. In agreeing that it was impos. sible for the government to hold the Teapot Dome, without development, indefinitely and unimpaired by drain- age, the two geologists suid the cer- tainty of drainage and reduction of gas pressure, reducing ofl ylelds, precluded such & policy. “By 1922 it had become question able whether even a part of the re serve could be safely held for many years longer,” said Mr. Lewis. “The ultra-conservative viewpoint had to be the guiding policy no ra- Nance could be placed on Teapot Dome as & reserve until the exist- ence of of] in something like the desired quantities had been demon- strated by test wells. The conditions known of in 1922, but not in 1915 (when the rese: was set aside) demonstrated that the original con ception of a reserve to be held tn the ground indefinitely was not feasible; that important parts of the reserve would soon be subject to loss by drainage and that ho part could be counted on as sufficiently protected to be held for more than a few years. “It was questionable whether the underlying policy was as practicable as the policy of storing fuel ol! at strategic points, Tho reserve wil! produce but @ fraction of the oil expected. “When the Sinclair lease was made," Mr. Clapp said, “it was demonstratable that 43 per cent of the ofl bearing field was subject to | Grainage, and he added that the drilling of the Sinclair wells had rendered this fact even clearer.” NEW YORK, Oct. 22.—Call money, steady; high, 4%; low, 4; ruling rate, 4%; closing bid, 4; of- ivred at 4%; last loan, 4. call loans against acceptances, 4%; time loans, easy; mixed collateral, 60-90 days, 6@5%; 4-6 months, 6%; prime com: mercial paper, 6%. (Continued from Page One.) in the Rhineland and apprehends increased difficulties for the allies if it succeeds. There seama to be more worry in French official cir- cles over the situation in Bavaria than In the Rhineland. The French authorities will re- main neutral in the Rhineland, ft is declared at the foreign office, The French troops will intervene in no way between the separatists and their adversaries unless violence breaks out. Then, in line with the Policy followed by the occupation authorities since the allies went into the Rhine‘and, the troops will main- tain order, Whether the separatist govern ment will be recognized will be de termined when the occasion for a decision arises, t is said. REPORT IS MADE ON GOV. WALTON (Continued from Page One.) pus and placed a censorship on the Press, That he caused a “large number of persons” to be placed on the state payroll althowgh stich persons “ren: dered no service” to the state. That he apointed many special of- ficers and “attempted to authorize such pqrsons to carry arms" without legal right to do so. That he had “refused to permit the execution of the law !mposing the death penalty for crimes committed within the state.” A bill of impeachment, attached to the report et out in detafl the var- fous charges against the executive. ‘The impeachment bill charged gov- eenor Walton with “having entered {nto an agreement and arrangement” with EB. W. Marland, president of the Marland Oll and Refining company by which Marland purchased $30,- 000 in notes given by the executive on a residence he purchased here in May, This transaction was de- clared “wilfully corrupt in that, as chairman of the board of étml- ization, the governor was placed un- der “great financial obligations” to Marland who was described as “hav- ing taxable wealth to the extent of several million dollars, The bill charged that the governor after the legislature appropriated funds for the Oklahoma preparatory s ol at Tonkawn entered into a ‘conspiracy with one Va) Gardner, and other persons to this committee unknown." “SIX DAYS—It’s full of thrills and compromises, es- capades and rendezvous, passion and promises, AMERICA’ Starts Tuesday