Casper Daily Tribune Newspaper, February 10, 1924, Page 20

AGE F qa ° a 0 e 2] v De i ae Li PAGE EIGHT _ Cpe Casper Sunvay ecrioune : SUNDAY, FEBRUARY 10, 197, Oil : Finance Stocks : Grain : Livestock : All Markets U.S. TO HUNT CRUDE rover ut comet wt =) LF OCKS RALLY AT RAIL INVESTORS ARE [ix cece wt IN THE FAR NORTH GIVEN REASSURANCE 3g CLOSE OF TRADING Navy’s Greatest Petroleum Reserve to Be Charted Biacktine” Salt” Crea : ther fatitan thet of the sparse population and long Anxiety Raised by Reports of Unfavorable|s\t'tn "shite "wit"'tats|Short Session, Develops Stronger Tone After By Geologists In Northern Alaska Central Pips” Line > Action by Governmental Agencies — -|Sscvery’ “tie meant tintin ue! — Recessions of Week Charged to Hear When Spring Opens | Siw ich nen Bis Relieved by Announcement. Profit-Taking and Money. Rates. ' Buck Creek ~~~... Burke -s--______. western, and to a lesser extent, cen- Cin tee tral western Colorado. Elkhorn — p. T. Williams — 7 3 ~ WASHINGTON, Feb. 9—(United ; ‘Incidentally, if the plans for the | 7. W? X i By J. ©. ROYLE. ever, that there is a precedent in NEW YORK, Feb. 9—Tradingy Outstanding in trading durin Press.}—In March, a little party of | naval aircraft expedition mature, | (tit. : (Copyright, 1924, Casper Tribune.) | such matters in the rulings on prop- week Were the group move American explorers, dispatched by |the geological survey will find at | yuniter 2.20722” “w during today’s short session of the stock market was stronger in tone, NEW YORK, Feb. 9.—Railroad investors, some of the hundreds of erty held under mortgage. It is his personal belief that if the ques- the Geological Survey, will plunge | Point ‘Barrow the base for the giant Kinney Coastal -..... into the frozen treeless barrens of | dirigible Shenandoah. Lance Creek Royalty. caused by the shifting of opera: by speculators for the increase f¢. 5 thousands of whom in the United|tion ever were seriously raised, the | Angio wnnnn--nse----- 17% 174] “OSI | week witnessed by many | one leader to another. Comim'« ~s northern Alaska, to chart the navy’s | The technical members of the| Marine —-_.__ States have been suffering from | deductions on equipmentywould be | Buckeye --- 72 72% | recessions due to heavy profit-taking | houses reported an increase of pur greatest petroleum reserve. party who will explore the naval re Mikp Henry, —— periodic rumors that something un-| allowed, exactly as in tho case of | Continental 2... 51% 52 |and an increase in money rates, | lic interest in the market but ths Valuable mineral deposits, espe | serve-are Philip Smith, are 7.| New York Of expected was going to be done by | other mortgaged property. / Cumberland —___. —~ 134 135 effect was not lasting because ot cially coal and oll, are believed to | charge; J. B. Mertie and liam T. governmental agencies to their in- Picardy —. exist in northern Alaska and a | Foran, geologists; Gerald Fitzgerald | Picardy - ‘4 | vestments have had their minds re- great tract has been set aside for/and R. K. Lynt, topographic en-| poy pank ‘ 4 Ueved. Deputy Commissioner of the use of the navy. But until this | gineers, and several assistants. Royalty & Producers. 2 International Revenue Maddox in hat | Gal: Although tbe opening today was for the, Nong teal easies ae battens. | oes {84 | teaturea by irregular movements by really made comparatively little dif- | Indiana esate! 89% ~ | market leaders,-steady improvement the lack of volume. Reports that pig fron product for January had revealed the knows in] Chief among the difficulties the | Sunset tatement to the writer deciarea | {rence Whether the railroads were | Nat. ‘Tran. -..._ 24 set in and the closing was strong, ee enpeaeee: ince last. Ju survey is made no one kno’ _ = @ statement to the writer allowed to charge of the deprecia-| N. ¥. ais dekibatt dekauhtna to epee] Fak eirte geste ae peg hag hp ee Rok ce nm whe etuedininer om eee Phin Ae ~ 3. elf gi or ane oie eae tion in equipment over a term of mately 7450.60 "shares. States Steel touohiog a new high ate Ge ther Teglon, abbng | the | plunge auth the arctio Dat taaa toned | Wire ares eehee Sine Deseret years or in a lump. Certainly, the for the season of 108. ‘Gains of i Sinn coat hate if by the Indians “the land of lttle | Western Sta — F Sostiyeation: YW lep question of these tax payments has ependent PENSE Part were northern coast ee neers At a Because the trees are} < Gil) es ao Meare petal hs not sufficed to check purchases of poe Seiadeitul bee edition will e: s 4 aus C te Writ Dag ee eae ; ie tom apie ny after hundreds of | stunted by the cold and will proceed| NEW YORK CURB dd a y y cars and locomotives. In the last year. Most of this new equipment has Benefits to the metal industries from an open winter and to motor tion of men and | beyond to the region where no CRUDE. MARKET year over 176000 new freight cars miles of transpor’ Mountain Producers — ‘ 38 cs 7 have gone into service. and oil shares by the increased supplies by dog-sled. The openly vere srows to the size of a Glenrécie = been purchased with money raised} yt is obvious, however, that ‘the Cat Creek - -80| sumption of gasolfhe were strengt iggy Seth's Vtg carbene Page party will take kero-| Salt Creek Prds — x by the sale of equipment trust | country still is under supplied with 231 Lance Creek - ening factors in this division, whi apna Range ark al piowaired: fal sop 2 spring thaw the | Salt Creek Cons _ . .62 | certificates. These certificates, 1n | freight cars. The equipment shops 46% 46% | Osage ~ 75) sugar shares tmproved on rep ee ee Sit ceotant. | eneekcke Will (ey eaaatale wit ater eee most cases, have a life of ten years.|now are working on orders. for 333 Grass Creek, light “8°] of increased earnings in retin added regi pt eee ia emtaninad bretdeabel yy fede och eran ay one tenth of their face value being | 39,900 cars dnd it is probable that 64 644, | Grass Creek, heayy - operations. January production ot ea eerste caisson rte Point Salat and’ myriads of gnats and TS retired by sinking fund process | at least 100,000 will be bought this 166% 16714 | Torchlight spectively, s automobiles was 40 per cent hig! than for the corresponding month last year. es y . J if Barrow. mosquito: each year. Under the nature of} year. Cars as loaded nowadays are this financing, ownership of cars} Carrying about 14 per cent more and locomotives purchased is vested | rreight than they ever did before in the trustee until such time as the |and are being moped faster and GRAINS SCORE GOOD duis compialy cameiea’ far Sie elng, ool fue, The question Was raised as to| mileage made by each car is esti- (By Wilson, Cranmer & Company.) ADVANCE FOR WEEK 66 66% | Elk Basin * | Greybull Boeaen, peo oe: » Colo.— With the leas- 5 ; ing of three hundred additional ff Surveying and Locations acres of land in’ the district between Geologists, ON een eed Longmont and the Ten-Mile corner See - pthe Rolland Oil company of Denver WYOMING MAP AND €nd Oklahoma, now has approxi. | By. a BLUE PRINT CO. mately 5,000 acres of land in Boul- Ni P. 0. Box 325 whether the carriers would be | mated to average 20 perecent higher Allied Chemica! & Dy allowed to charge off, in presenting | now than a year ago. American statements for tax purposes, the The number of bad order cars is American -- 169%, | depreelation on such equipment, in being reduced so that it represents American International Corp 23 | view of the fact that title did not | oniy a slight notch above 5 per cent American Locomotive .-. der county, and will drill for .oil pass to the companies until they | of the number In use. " ds in Vol f Tradi in Chicago | American Smelting & Rete -- were completely paid for. ‘This|° the New York Central has re-¥ Within peace Oo Gays, it in sald Landor_— Corn Leads in Volume of Trading in GO| American ‘T. ant.» Question involved hundreds’ of mil. |] aetne New Fork Cetra) has re: . e lions of dollars. motives and in the last month 131 While Wheat Also Moves Up on Bullish American = Ai |: Coratalastoner Mudday. anyes buieell angina have voce Gateiotea: Marketing and Crop Reports. Atl, Guie and Wert Indies * mine. Sees Craig Stealing Thunder of CHICAGO, Feb. 9.—Material up-] Shrinkage'in the domestic supply, | Bethlehem Steel - a 1 turns in grain prices featured late | reduction in acreage to be planted bela S8h) eum t ° ° trading in today’s brief session of | this -spring and prospect of higher | Central Leather ES F rt tad B i] the market here, the closing belng | tariff rates all contributed to an up. 8) Collins oom, C aim - ri ay firm with May wheat at $1.12% and| ward trend in wheat prices but July at $1.12%%, while May corn was | traders were inclined to be cautious asce 1 at 81%c. The market had opened|in expectation of a reaction.| Chicago & Northwestern ___ weaker. Anxiety over the winter crop was | Chicago, Mil and St. Paul pfé ¢ CRAIG, Colo., Feb. 9.—Craig has;she Intermountain district. Some Chicage’ R. I. and Pac. stolen the thunder of Fort Collins. | estimates place production in this Offering Complete Facilities for the Transaction of Every Corn lea the way to improvement | relieved by general snows over the | Chica a RT an Dige the Eaten Pe He, entrodtee: Place: woreduntion sa tbNs : ; eo area ee ete ta DAT Mae Paka teat Consolidated Gas 5 | field have been flying thick and| as oil news does, this report may be Kind of Banking Service with reports of rough weather and| More liberal recelpts tended to | Consclidated Gas Seep aie ae NL 5a aaa th r an increased demand from feeders | weaken the demand for oats, but Cosden Oil _. own Be uetiatata i Pee co a MR de pile eds f , as the main factors in the ioizetes - Sas Wak Bites in sympathy petra Steel — autor beth thay: wrek’ avsebebiiae| atlot noctntrenen: Gomaer oe Corn demonstrated the greatest | with corn and hogs. Faroese ame are hb y ea of | a rthwestarn Colorado. | It rallying power and also surpassed Today's range of grain and pro-| Famous Players Lasky —-_- has been brought in within a mean ‘ distance of Craig,” with all likeli-| arily derived from petroleum fields. wheat in volume of trading. vision prices follow: gece see pe Ts OSA GRAS euetnetnes Tbe taiae dart c ada Gio oe. te General Motors -—_. ing the current year as the greatest | ritory in that part of the state have oll field in the state, and perhaps in| been greatly hampered by lack of International - Harvester Helium Gas Discovery in Utah Stirring Up Interest | tiexe3"*-"— Kelly Springfield Tire ——. Kennecott Copper .. Lima Locomotive -.. GRAND JUNCTION, Colo., Feb.| fill dirigible ballo ns, because of ‘its Mack 9—{United Press)—Discovery of] non-inflammable quality. Marian, rene --- = hellum gas in the new oll fields of First tests were not entirely satis. Max well Moters _ eastern Utah, just across the Colo-| factory, as the gas ‘had not carried akc Middle States Olt”. rado Ine, has stirred up much in-| through the mails in perfect con-| New ‘rors conte > terest in Mesa county, Colo, dition, and other samples have been| Northern Paciflo Ges which was struck in an oti] sent to Washington for chemical| Pacific Ot! well near Cisco, Utah, was discover-| analysis. Pan American jeu ed to be impervious to fire. This} If the presence of helium ts suf-| Producers & Refiners fact led the drilling company to] ficient to warrant its extraction on| Pure Oll —_. send samples of the gas to Bartles-}a commergial basis, the well may Rearing. = oes ville, Okla., for testing, and it was| prove of more value than {f it had Raoew Rosbonk: ani found there that a supply of bellum] been an oll gusher. This gives a S'nclatr Con. Oli 22. was contained. | double chance for’ commercial pro-| Southern Pacific, lTa~~~~ Helium is the rarest and most] duction strata, extending well over Southern Railway ~. valuable of all gasses being used to] the Colorado line. Stamdard Oil of N. J. -W —————————— Studebaker Corporation —____ ‘Texas Co. Market Gossip and Briefs | #2scies"o == Union’ Pacific e e e . sae oN On Operations in Oil Fields] #32 & : | Wes Those of you who have overlooked action upon the itys "Ovens acceptance or release of your option, optional reser- Gas for Greeley. northwestern part of Morgan coun- Seen vation privileges. GREELEY, Colo.—Agents of the | ty, neld in Orchard recently, 11,000| National Lead. Union Oil company of California f land were pooled to be ee Tas has September, have been here recently making in- | #°Tes © Wrigley’, Genk: Nisrkas 80 days has Sep o vestteations’ of Tithe) ‘possible con: | ofteredien|bloo “to: a large company, | Tyrese. arco ¢ "Win. Wie: TAKE NOTICE! April, June and November sumption of natural gas in the city. | that 1s contemplating oll develop- Gracie Ade ok : ment in that region. The land|l!ey Jr. company for 1923 has just : been issued and shows the biggest year's business in the history of the | Ail the rest\have 81—except February alone which company, ‘and excellent earnings with ample capital and reserves to | 288 28 and Leap Year gives it 29. oie ieee 7 Days Have Passed -- 7 Wrigley stock is now listed on the New York and Chicago stock ex- changes and shows.a dividend yield of about 7% per cent at present Which leaves only 22 days for each of you to secure the additional two places of one hundred shares each allowed to you at the old membership price of $110 each. Se pooled Més in townships 6 and 6, FORT MORGAN, Colo—at a |!” range 60. meeting of fifty landowners of the Petroleum Club Meeting. The next meeting of the Wyo- ming Petroleum club is to be held Tuesday evening, February 11, at the county court house. Those to address the meeting are George Jarvis, “Current Events as Applied to the Oil Industry"; John W. Keith, ad chemist of the Texas company, prices. Spearmint gum has made a mint of money for Mr. Wrigley and his original associates, and the recent Jse of Fuller's increase of stock will admit of many Petroleum"; Blehr, chief | more stockholders in the Spear accountant of the Casper office of | Mint. the bureau of mines, “Lessons from Present quotations on the stock the Life of Abraham Lincoln. are around $39 per share. ‘ : SALT CREEK BUSSES All options at this price close March 1. Kitchen Every : 3 Busses a Day Each Wa: On and after March 15, these same places of mem- People are rapidly acquiring the habit of keeping important papers y Deserves Good Sink LEAVE CASPER—ARKEON BUILDING] Leave Salt Creek and valuables in a Safe Deposit Box. A visit to our well equipped Safe Baggage and ress 8 berships will sell for $220-per place. Deposit Vault entails no obligation on your part, . soos 8 a. m, a. m, + iio chvers oS aheacc 9 a. m. Sait Crest ‘Transportation 2p. m. Never again will you have the opportunity of secur- genuine economy and necessity. Every woman knows that. And most men will get the point one they inspect that hard-to-clean old-fa@hioned sink with its un- sanitary wooden drainboards, and then compare it with a modern Kohler sink covered with glisten- ing, durable white enamel. 2:30 p. m. Company Tel. 144 3 p. m. ing memberships in the Anna Bell-Wyo. Oil Co. at $110 each. Act now or forfeit your rights of additional member- ships, WYOMING TRAIN SCHEDULES Chicago & Northwestera e SEM are os cs BS Wyo. OC kitchen. To fit your pprse, too. wo+-----—--~----------------4:45 p.m. 5:00 p. m. . ‘ . An estimate will put you under Qhicago, Burling:on & Quincy By James Hamilton Lewis, no obligation. Eastbouna ¥ Arrives Departs i i i i ae ‘ = Exclusive Financial Underwriter CASPER No, 32, ooo, x Schank Pushing and No. 30- ise vm sae Bros: 219-20 Midwest Bldg. Phone 1956 : » WYOMING Heating Co., Inc. 7.30 a. m. Phone 711 359 E. 2nd Office Hours: 6:30 to 9:30