Casper Daily Tribune Newspaper, December 16, 1923, Page 19

| New York Stocks NEW YORK STOCKS—LAST SALE Allied Chemical ® Dye 69% American Can SUNDAY, DECEMBER 16, 1923 Che Casper Sunday Cribune PAGE SEVEN " | Inance OCKS > Yam vestoc : arke EWS AND QUOTATIONS BY LEASED WIRE 1 sunied, therefore, that the abnorma! U 2 stock prices existing on a basis of . : earnings hardly better than 1913, must fall back on the factor of accumulated earnings. “The prosperity of the war period “ . has been taken by the more con- : American Car & Foundry ....167 - 8 2° servativel; managed juipmen* . :. . ‘apor Cloud from Well Near Wellington Is Seen|Ameican Inte maton!’ ca ss%|Business ahd Its Securities Are Analyzed By] companies as an opportunity to| Buying Demand Influenced by Falling Off in Crude rt e American oth ——-. 73 er < v2 . Clearly With Naked Eye; Use of Glasses aiaees tee ema Roger W. Babson, Statistical Expert, See ee Production Causes Continuation of Upturn Reveals Gas Column ee In Interesting Discussion mechanical shape and increase on New York Market qui such level American Tobacco —————.—149 substantial dividends can be paid CHEYENNE, Wyo., Deo. 15—|tops of tal! buildings to observe the| American Woolen .. 2%) WELLESLEY HILES, Mass.[act, may logically be disposed to| out for some time even in the face] NEW YORK, Dec. 15—Oils con-] has continued for six weeks and @heyenne Friday afternoon had ite| Phenomenon, while others motored ena aa, Copper .. dua | Dec: 25.—Roger W. Babson has Just | piace a considerable portion of the} °f falling earning power. This|tined to hold a prominent placo in| wiped out half of the ground lost al ‘tie to the crests of nearby hills for the| Atchison ~ —.,--.--.—-—---_ 96% | completed a survey of the equip- situation has really made @ very) stock issues which witnessed fur-| in reactionary trading of the pre- first slimpse ef the column of gas/ 1. purpose. Balen, Lecomotive ———-—--235% | ment industry, His findings sum-} °°" in maintenance and equtp-| Gennite and fundamental change in| ther improvement divine tadays| vious aight months, tased om aver. and of! gushing from the Wellington| Oia timers stated that Friday| Baltimore & Ohio .---.— 58% | marized in a statement issued to-| ent. This te not, however, a fac-| the position of equipment com-| short session of the exchange, buy-| age prices. swell, BO miles south, afternoon's visibility was the best| Bethlehem steel ---+-—-=—-—— 53% | day, are of vital interest to’ in-| tor that should loom large in the] Paties in general. No stocks will| Ine beine Influenced largely by re-] Public participation in the move- fae eonditions a restitted in thelr recollection. Some keen- Pare fat amin Sete vestors. feet SJtuation. The possible desires ' indefinitely follow a trend contrary | ports of a steady falling off in| ment has been maintained, datly Peing clearty visible to the naiced-eye Gere eatin “= ——n— 1M cee ean "ater eames | evesacee ee aT ects feceTny Amn Prweand the] rate, prodectin,Houron | eg om the ccbangs Sern here, while with a good giasa the| fringed effect cdused by pine forests| Cerro de Pasco Copper ---. 46% | with increasing of the} ment program which has been en-| market standpoint obviously de-|2% to three points and all issues| of commercial paper rates, a favor- eolumm of up-sheoting gaa and oll/on the Long’s Peak sky-line, Leg’s| Chandler Motors --.-----———-. 65% | rafiroads, has brought unusual ac-| forced this year and the relative|pends on their ability to earn = were in active demand. Although| able foretgn trade statement, and Delew tho cloud could be discerned.| Peak is 80 miles distant in a bee | Chesapeake & Ohio . -—- 71 | tivity into equipment lines,” says| business needs of the future. substantial return on current’ bust-| considerable irregularly developed. | increased dividends were prominent ‘Thousands of persons climbed to the line. Gaaee Radia gensts s~--—— 51 | Mr. Babson. “The $923,000,000 pro-{ “There 1s nothing in the imme-|ness. Because of the situation out- chemical and fertilizer shares vied| factors in encouraging holders and loago, & St . Paul pfd_- 23%) gram instituted was pretty well fo}| diate situation in respect to stocks | lined, however, {t would take long for leadership with the ofls and| buyers. ¥ ‘- glace pas da Dies <= TF | lowed out. Increased effictency -of| of the companies concerned which | Periods of very poor earnings be-| some other stocks were strong.| Unfavorable conditions prevailing Ino Copper ... -~--——--~ 15% | operation, combined with large de-| sets them apart from the stock mar.|fore the stocks concerned could Sugars and public utilities were|in the wheat growing regions re- e€. ur es Oo e Consolidated Gas is Uveries of rolling stock, have per-| ket as a whole,” continued Mr. Bab-| well be expected to return to pro-|jower as a result of heavy profit | sulted in a reduetion in the dividend > cet Dice t mitted the railroads to hand the|son. “The various iasues listed on | War levels. taking but the closing. was firm by the Chicago & North- ts 23 one e c hd Crucible Sted! —.._. ; Arsieting loadings of 1923 ‘without Mplboersemned yeresatcws im Nei! if aoe: Spee) room for continued ie elmo sapproximating | w ane tee ion ease opic oO etro eum a ag) Sugar, pfd .---- “Last April the car service divi-| the general market. Centric to EENIGA aiturTs on toe contiee Soa cha cinshtet teal whee mainly up: | however, is regarded as temporary 4 hace Poo bv ise avons sion of the American Rafway asgo-| the average of industrial securities,|so long as tho raflroads are per-| ward throughout the week, being a| and failed to exert more than pass- General Ssanasie mach: 197 elation set up a Lee or the red the Nea ony py sold at far higher | mitted to make a satisfactory re-| continuation of tmprovement which | ing depression. be FP. eed ada ty it tiber, namely, | | in hi 23 ———_ _ nn a Diemasaion at the next mmesting ot towel by |Oy \C, .VeaVastheabars, | General, Motors =. 1844 | Svseauction'o@ tad oftise ture to, 6 than were. ese tn. sites ics, inva | Coreg ature, market movements ° : the Wyoming Petroleum elub to be| field engineer of the National 8 tod Porat lbecenst ot coaitere 574 | per cent and of locomotives await-|or 1919 markets. The relatively|menta recetving thelr share. ot Railroads Educate Nation eld af the’ court house Tnesday |ply company, who will deal ai Neptnatinn Ganoe Taz 22% | tng heavy repairs to 15 per cent.| conservative course that has been | favorable attention. Considerny the Reena en ee cree Orrtaeneare Wine line ete ee adhe oe at |The) mache, was. EAaued \ahartty B6-| folidwed in respect to dividend pey- | cerican tecenn mec together : wupplies, John H. Moran, district) man of the Williamsport Wire Line] International Harve: -—-—-_6% | fore the time @mignated. The re-| ments is 1y msible for| with the long time trend beats manager here of the International | company, will tell of wire lines. Int Mer Marine pf. -.—-- 30% bo Bn ea 5 OC, Cotes esources O ort west sult of this situation, together with | this. Earnings in 1923 were actual-| modit: rices, however, th 3 Bupply company, has arranged the| Al! men interested in the oll indus- LSeawinegret Paper —-——-----36%4 | heavy deliveries of new rolling|ly far below the showing made in Satay uo Teason’ for belie that program, try are asked to a! and the etn Boake 7 =} i Bg 777 U2 | stock and fucreased efficiency of| any of the years 1916 or 1920 in-| these stocks wil) be an exception L, O, Klein, manager of the Con-|of the Wyoming Petroleum olub. The | Kelly-Springfield Tire --—--—. 32%] oneration generally has been seen|clusive. It may logically be as-|to the general trend of the market.” tinental Supply company in Casper, |first and third Tuesday evenings af/ Kennecott Copper .-_.- 4% | in ability to pass through a period —————— eee will address the meeting on line pipe|each month are the times of thesé/ Lima Locomotive —._..__.. 66% of record car loadings with a sur- and of! well casing. Ho will be fol-|gatherings in the court house. Mack Truck ....—--.—-—_. 89% ithe St fs evan mr Decline in Corn Prices New California Oil Field = [¥s.t"s.c) ==.88] sate’ Not Yet Proved, Is Report An intensive campaign to promote @ national conception of the !m- mense actual and potential resources Crude Market of the states in the Padific North- west, Is being consisteptly waged by the Burlington, Great Northern, Cat Creetc -------——---- and Northern Pactfio raifroads. The\Tance Creek commonwealths compristng this vast|Osage _----------—-- region of wealth 4:6 Wyoming, Mon-!Grass Creek tana, Idaho, Oregon and Washing: |Tchtight ton. \Elle Basin In large advertisements that run!Greybull rs » | States Chamber of Commerce set a Pace oh eae ee renee | Drags Oth 1 wn ic tone ~-——---~ 47% | sible equipment program for the a Ss er ains (8) Pan American Petroleum B -.. 6144 next ten years. This gives an an- Producers & Refinera --..--- 29 | puay average substantially below So tona-aa-srmnwenennnnn 204%} that of the year just past even -----——————-- 78 CHICAGO, Deo. 15—Grain and Without consideration of probuble e Republic Tron & Steel ——___ 49% | owen of the country and trans.| Provision prices received set backs —§ .95 Ports of reduction in Canadian wheat estimates. Bears used the corn de-| periodically in magazines having a!Rock Creek Sears Roebuck . wan 85% during the week just ended, due| pression and f 3 portation needs during the period ind rumors of increasing|combined circulation of 9,936,000,|Salt Creek BAN FRANCISCO, Dec. 15—The pee. rfc bes sane an investiga-| sinclair Con O!1 .-- san 36 I eitioned. ! be largely to {deal weather for harvest-|shipments of wheat from Canada to|these three railroads aro telling |Big Muddy —_,_______ g from LosAngeles Fri- of the we! Southern Pacific ~~----- 87%] “There are a number of impor-|!"S the corn crop and predictions| check any material rally. people in every corner of the coun-|Mulo Creek ---,..---_-._ try of what {s to be found in the|Sunburst group of states in which Wyoming Low Close} is prominently featured. There is no day which told ef the discovery of a| .ct.u4s tn the bottom of the hole at| seers Ogee. Fo 34 | tant points to remember tn con-| that greatly enlarged receipts would| ‘Today's range of grain and pro- new eff field near here, is premature.| 3.100 feet, but wether or not a flow| Studebaker Corporation yy nection with the equipment indus- ene Seip hort patna mites vision Sees ee ‘The tost of the La Honda Oil fields} will be developed teies: this time om Texas Oo. — em 42%] ““11) ‘The increased prosperity of | Were firm with December at 1.03%, doubt but that great development association on the Sylivia ranch ney Seite oer and pee Sena ae. on ye + 92% | the railroads has made possible very | MAy-at 1.08% and July at 1.06%, all 1.03% 1.08% 1.03% |ts in store for this northwest sec- four miles from La Honda tn San} iithets of the worth of this well can|( @ pene ator ON .————--" 2%! heavy equipment buying with the ee being readily absorbed. De- 1.08% 1.08% 1.0844 | tion of the United States, and Wyo-| Mateo county has not revealed oll/ be made it will be necessary to ball] United States Rubber asco aie eee a4 peer pri i Stay coca atte eee gas Sig tein 2 pea Prsmeliepr yy cera rip reat ercial according hole cem been well rect 5 ote. ¥ | te ee att ree eats pre prides Se ai Ieee of Daties jaa Steel .------. 95% | “sy More efficient repairing has} Contrary to early predictions opin- 70% = .71% «70 -170% | and indirect, fron: such an advertis- om—+——~ 84% | anced ‘bad order’ cars to a mini.|!0n !s growing among traders that 73% 12% .73° | ing program. will pay $3.50 per share Willys "Over nr fadisdece ont 61%] mum. Larger percentage than ever | COT deliveries during the remainder 4% 18% ray ek ee oe Two New Wells in Rock = River Field Are Producing Hamilton Dome 70 Butte & Superior ine. before is available for regular duty. |°t December will be comparatively Watoh for the date, A Packars.| OF Marine $5 par stock. Oo “ Tendency toward oii coupe is going to the given away at {| 100 share lots. Apply by efficien: operation, thi : Lloyd's. words, weeraaan car miles, tenn fo] ome buying being encouraged by! 3% UAC eae letter. the belief that plans would be per-} LARD: On the North American continent Standard Of] Stocks fj °t,2°77 nests 1m this respect. | tected for financing large exports of (Jans v---.-12.07 19.10 19.00 4 * Business conditions are not 12.10] the British posessions are larger by Box B-' i iS) uffs to Germany, Buyers were|May —---.--12.10 12.15 12.02 12.15} nearly 100,000 square miles than! ce APs us ibune mediate ‘ those of the United States. per, Wyo. NEW YORK CURB needs comparable to|®*ivals, and today’s market was! Jan, 9.70 ——__——. Salt Creek.—No. 12, SW seo. 1-| Anglo -. --- 15% 15%] those existing at this time a year | ®2in influenced favorably by _re-| May -——....--9.80 9.87 9.80 9.87 _ Spinet Desks at Callaways. 39-79 still cleaning out at 2027 ft. | Buckeyo -. -- 69 70 | ago. General business as reflected a a : report of the Ohio Of! company. On| Northern Montana. —Big Sandy | Continental =-42% 43 |on the Habsonchart is now running ; ; eK aoneeT: the D% of sec, 8-19-78 Harrison-| No, 2, seo, 16-25-17; drilling at 2400) Cumberland -—____ 103 106 |7 per cent below normal. D Peart Cooper No. 2 is doing about 48 bar-| rt, Calena 67% 68%5] “Under the conditions outlined . yels. Harrison-Cooper No. 2 on the/ vratta—gec, 21-24-24; Illinois -_.. 188 136 | equipment companies must look for "W% of seo. 11-19-78 made 290 bar-| s359 h Indiana §8 84 |a slackening of demand. ‘Those le from 8,272 feet. An account of Nat. Tran, 21% 22 | raftroads which are able to exceed pther Ohio operations is given as fol- N. Y, Tran ———-.._ 77% 78 | 6 per cent return on total bonds and Grilling at Baxter Basin—No. 1, seo. 22-16- 104; have sidetracked bailer at 2505 { Nor. Pipe 90 95 | stocks, the amount permitted under pret Rock River ft, Ohio ON -—--69 69%] the Transportation act of 1920, be- No. 10 State, sec. 34-20-78; Arilling| . Hidden Dome.—No. 1, sec, 31-48-90; } Prairie Ot w—=2.24 2.26 | fore consideration ts given to the at 2675 ft. shut down at 2345 ft. Fraisie: Pipe 100 | so-called Recapture Clause of that No, 2 Diamond, seo. 27-20-78; side! Oregon Basin.—No. 1 sec. 851-100; aad SS a) are tracking 8%-in. casing at 2755 ft. shut down at 1715 ft. Grass Creel O’Brien Springs. —No. 3, sec. 2-24- z 2 ee 4L Drs. Byars and De Freece No, 4 Washakt, and No. 68 MM-| 96° acing at 4385 ft. SRN Se ie DENTISTS iron, inthe eich ah awiiegee Mahoney Dome.—No. 8, State, sec.| 5. 0. N. Y. x |] Announce the opening of offices, pay araryr rey 36.26.88; drilling at 8878 ft. 8. 0. Ohio ream! 05 tt. . ening Miley, seo, 146-98; shut| Utsh—No. 1 Coalville, seo 6.2-6;|Union Tank ————— Suite 300-303, 0-8 Building down at 1954 ft. Grilling et 1780 ft. Vacuum Phone 123 Casper, Wyo. Ss. P. Olt 8. O. Ind. Producers and Refiners a Fe pe Of] txperts, Oil Field Maps, Blue Prints * 7 W 7 WYOMING MAP AND Will Drill ildcat Deeper BLUE PRINT CO. There is real joy in knowing that through your thrift, you } — a TBGAE, ott paaeee pas eetinh pig poms: are able to make others happy with little gifts at this time ’ Belle Springs wil have its lower) depth 2517 ft. Running 8%{-in. cas- Bid Asked of year. Might of! eands tested by the Pro-| ing. Big Indian — WW 10.12 ucers, 4 Refiners corporation.} Baxter Basin.—No. 1, sec. 36-18.| Bessemer - —---....... .20 21 an was received this week./104; sidetracking 10in. casing at} Boston Wyoming --... 90 companys test of this etruo.|2366 ft. Depth 2400 ft Buck Creele ---—--——-- 18 PS aes Saving is simply a matter of habit and it is not much jhot not Draw.—No. 2, seo. 9-82-95; == 28 Jons co atu depen, of about 1948] ehut down at 2032 ft eackase dBA Cree harder to acquire than other habits, feet. At that time there was a 1,- 5 running 6%-| Chappell . 500-foot stand of oil in the hole. Fol- Depth 2423 ft, Columbine lowing the shot the supply was not Ferris.—No. 23, sec. 27-26-87; shut| Central Pipe Line -_ only not increased, but was com-|down at 50 ft. Consolidated ‘Royalty... gates: t 980 shut down at wd recite Data activities the Pp. & 0 Oe aa ete drilling aed No, 2, sec, 85-26-88; rerunning 8% - in, casing. Bay ener 1, sec, 18-40-73; |, Wertz—No. 8, sec. 7-26.89; cement- A ; tog 8%-in. casing at $120 ft. fishing for 8%-In. casing at depth of] "E.tte Sorings—-No. 1, sec. 1.28-89;|Supiter -——--—- 00% 2436 ft. reported by company as standing ce-| Kinney Coastal ---—-_..16 SS nSse ee ne Pe | Sane a aba be Cae ei ac: | Meonmiain a Gutie capt aise Have You Called for Your 1924 Calendar? Enos Oreek.—wo. 1, sec. 18-40-79;] 89; pulling 6%-In. casing. Depth 2967|Mosher Okla. — 100.00 125.00 NATIONAL BANK Thornton—No. 1, seo. 848-65;] Simpson Rldge—No. 1 seo. 16-21-| Picaréy CASPER, WYOMING We succeed or fail as we acquire good habits or bad ones. Even a small bank account makes an impress upon your character, depth 2435 ft. Underreaming at/ 80; standing cemented. 2390 ft. for 4 8-4 in. casing. No. 1 sec. 20-21-81; fishing for bit Garland—No. 1, sec. 80-56-97; at 3475 ft. “Let Joy Ring Out” with one of our Christ- mas Radio sets. On Market Gossip and Briefs |=," coil oeniae ventape On Operations in Oil Fields ae is much more fun to hs OES | é NEW YORK CURB CLOSIN' sete aS one of Mountain Producers 15.18 15.21|} our family Radio sets— Kasoming Operations. Spring Creck structure which is Sees Cons. —————- vi 3 4 to the theater—concert Mahoney Dome reports C-1, sec- located west and north of Pine lion nnn 1.2 = —opera — or lecture. tion 262688, cleaning cavings at] Bluffs and east of Burns i Wiyom-| Cities Servico Com. —141.00 142.00 P Lost Soldier—No. 86-A, section | As soon as all leases are procured a expense and with great- 11-20-90; drilling shale at 1,750 feet. | geologist will be employed to map er cornfort, Oll within 400 feet of top of casing |the structure and give his opinion; Glenrock Oil .. 25|| than to go out in the 2,455 fect. No. C-2, section 34-26-88; | ing, the Spring Creek Holding com- You can have all of and hole caving badly. No. 8-B, sec-|as to the advisapility of a test. In} ° tion 14-26-90; shut down awaiting|event of a favorable recommenda- CAB CO. e 4 ompson Salt Creck Pris .--_19.25 19.52|/ cold and snow and walk shut down at 1,714 feet. pany has been organized at Burns.| Table Lamps at Callaways. these at home at less a cca renee tba nr hen Lae orders. Rig completed at Belle | tion, it is said there are several com- Springs and ready for operation in| panies ready to do the drilling. PHON E | 32 ae spring. Open Even Jn) Jhristmas F. W. WOOLWORTH Co, “THE RADIO MAN” 516 East Yellowstone Southeastern Wyoming In order to tle up leases on the