Casper Daily Tribune Newspaper, February 13, 1924, Page 9

TRIBUTE TO LINCOLN BY PETROLEUM CLUB New York Stocks . Last Sale Allied Chemical & Dye --____10% Bid- Ask American Can ® 17% 2? <i 13 “ e Bureau of Mines Accountant Discusses Life art ee . “28 bd . . - Described’ by George Jarvis. £35 138 Pointing out the successive con-|\s no doubt that the public’s contact *. ed tacts of Abraham Lincoln's life and ei te et industry has bean tett | Bh; ee & oor =e ne oO @ publicity we it be Locom: =~ 212 af wer eet | ant crooks ext aus gins ute ae | eowe eh Chae at ay a men, Frask M Bisht, head ac-| navox” Magnuses on the other, said| Bethlehem Stee} % == 6.50" 7.00 countant of the Casper office of the the speaker. A number of articles Bureau of California Petroleum ---...26% from various ol! journals and by a Canadian Pacific wenn ---148 -------------- 10 Sd = -eee-—--—-= 00% 01 night at the number of men prominent fn the in-| Central Leather ---.-_-_._17% be a tan Royalty 2 re ing Petroleum club, an able picture| dustry, showing the actua, status of| Cerro ce Pasco Copper 16H acrid ~ adik:< & Mn of the great and stateman| the ol! business from top to bottom, | Chandler Motors _... =~ 82 ig iad peaeane? x: 94 whose birthday was 115 years azo. | were read by Mr. Jarvis, Chesapeake’ & Ohio —--..__-53% a == 100% | .01 That Lincoln's influence not only| The part played by Fuller's earth| Chicago & Northwestern ---..63% | Mountain & Guile -W-155 1.58 ives and is felt today but becomes | in the refining of oil was shown by | Chicago, Mil & St. Paul, pfd 25% |Piardy - --Tl loa “os inereasingly @ part of man’s right-| John W. Keith of the Texas com-| Chicago, R. I. & Pac _..--_.244 | Preston a4.) cous relationship with man, was| pany, to be an important one. In aj Chile Copper eairiaesneirt 17>: ————=an8.00 97.00 clearly shown by the speaker. very clear way he described its} Chino Copper .._-----________17% | Royalty & Producers _ .09% .09%4 George W. Jarvis outlined the con-| source, {ts preparation for utilian.| Conso'ldate! Gas See a os #13603 ditions that Involve the oil industry | tion, its Use and re-use at the refin- Tom Bell Royalty ee ges at this time, causing it to be easy) eries. How Fuller's earth ts actually Western Exploration -.3,90 4.10 prey for politicians who are con-| adapted to the filtration of ofls was| Crucible Steel =... Wyo. Kans “- 75. 80 stantly on the lookout for some in-| well told of by the speaker who men-| Cuba Cane Sugar ptd --....69% | Western States 1. 22 24 dustry or combination to drag be-|tioned the severa? processes. in| Srie — —.—-—---------...26% | Y: OW ---- waen= lL. 13 fore the public and condemn. There | operation. Famous Players-Lasky ~ NEW YORK CURB CLOSING General Asphalt Bid Ask e General Electric Mountain Producers -.16.25 e Terms of Late Oil Mer area ara aoa : ger Great Northern Pfa -.-— Salt Creek Prd Gulf States Steel ——. mwonn=-84% | Salt Creek Cons 9.25 Tilinois Central Inspiration Copper Internationa] Harvester Int. Mer. Marine pfd ----.. International Paper Invinelble Oil ..--.-------.--=14 Kelly-Springfield Tire -. Kennecott Copper Lima Locomotive Louisville & Nash Mack Truck Marland Oi! Mutual . __. S. O. Indiana ------60.75 Cities Service Com ~..154.00 155.00 ———— Detailed by Continental In a letter to the employes of the Continental Ol company, E. T. Wil- son, president of the company, clear. ly explains the basis of stock ex- change in the recent Continental- Mutual merger, showing: the status of the deal and its effect upon the operation of both compan’ . general interest is attached to letter that it is printed as follows: Mutual Ol company has _recent- ly mailed to a’l-of the stockholders of the Continental Oll company a ropos'tion for an exchange of stock ‘on the basis.of four shares of. Mu- tual for one share- of Continental. Inquiries have been made respect- ing the effect of such exchange of, stock upon the Continental Ot! com: pany and ita employees. “The Con tal Oil company wil continue under its present name and brands to market petroleum products as heretofore, and all of its employees will be expected to continue to advance the interests of the company energetically, loyally and in every, !egitimate. way. “The Continental Oil company is now, and for many years has been, primarily a marketing company. Mutual Of] company is principaliy a producing and refining company. It has a very substantial production of crude ofl in the Rocky Mountain states, Midcontinent field and Texas, and two refineries located at G'en- rock and Cowley, Wyoming, and a grease plant at Kansas City, Mo. The business of each company is supplementary to that of the other, and a combination of their properties and business has for some time esemed to the respective manage- ments to be mutually advantageous. As soon as the exchange of stock has progressed sufficiently, some of the present officers and directors of the Continental Oll company w.l Untold Oil Wealth Under become directors and officials of Mu- tual Of] company. “The offer of exchange made by Mutual Ol] Company has resulted from negotiations conducted between the officers. of the Continental Oi) company and the Mutua! Oil com- }pahy..-The basis: of four shares of Mutual for one share of Continental was agreed upon as fair to the stock. holders of both companies. Any employee of the Continental Oi! company, who happens also tp. be a stockholder, may, if he prefers, transmit his stock, properly en- dorsed, to our secretary and treas- urer, George F. Smith, Continental Oll bul’ding, Denver, Colo., who will deposit the same for him with the International Trust company of Denver, and transmit to him, when received, Mutual Ol] company trust certificates, on the basis of four shares of Mutual for one of Con- tinental. We recommend that the exchange be made promptly. “Mutual Oil company contem- plates the adoption of.an-employees’ stock acquisition p'an similar to the plan of the Continental O!] com- pany now in effect. For the pres- ent, however, the stock acquisitiog plan of the Continental Oi! com- pany will continue unaffected by the exchange of Continental stock for Mutual stock. The existing annuity and benefit plan for emp'oyees of he Continental O{l company wil! be In no manner affected by the proposed merger of the two com- panies. “Please pay no attention ta un- founded rumors. You have every reason to expect the same far treatment and consideration in the future as you have received in the past, with just compensation and opportunities for advancement for loyal and efficient service.’ LIVESTOCK Chicago Prices CHICAGO, Feb. 13—(U. 8. De- partment of Agriculture})—Hogs— Receipts 33,000; slow at early 5 to 10c_ advance; all interests buying: bulk good and choice 250 to 325 pound butchers 7.15@7.20; top 7.20; bulk better grades 170 to 225 pound Averages 7.00@7.10; bulk packing sows 6.00@6.20; killing pigs slow; bulk desirable strong weight 5.75@ 6.25; Heavy weight hogs 7.05@7. medium 7.00@7.15;. light 6.70@7.10: light light 6.00@7.00; packing sows smooth 6.10@6.3 rough 5.85@6.10; 4.50@ 6.50. Cattle—Receipts 9,000; beef steors of value to sell at 9.00 and above fairly active; steady to strong; spot: isher; others dull; fat she stock strong. to 15c higher; other classes generally steady; killing quality gen- erally plain; good to choice beef steers very good to choice béef steer’ very scarce; in broad demand, especially on shipper accounts best matured steers early 10.50;‘few elig!- ble to sell above 10.00; bulk 7.75@9.75; Uttle doing on 7.75@8.50; kind; bulk fat cows 4.75@5.50; beef heifers 5.50@6.75; packers buying medium to good light vealers at 9.50 @10.00; shippers upward to 13.00 for selected handy weight offerings; stockers and feeders slow. Sheep—Receipts 10,000; compara- tively slow; fat wooled lambs steady | to strong; sheep and feeding lambs steady; early bull fat wooled lambs top 15.00; few good fat ewes 8.50; choice feeding lambs 13.60. jourt” Kan. “& Tex. (new).-12\% Missouri Pacific pfd ---.-..--35% New York Central ------.101\ N. Y¥., N. H. & Hartford . Norfolk & Western ~~... Northern Pacific ~-----.-.-.-..53\% Pacific Oil ee Ran American Petri Pennsylvania — People’s Gas ...--------------- 96% Producers & Refiners —~.--...37% Pure Ol o ORRIN = Sora eneen Oe Republic Irom & Steel ~-_-_58% Sears Roebuck. --------------.93% Sinclair Con, Of Southern Pacific Southern Railway ‘-.—-—-_. Standard Of] of N.°J. -.--. Studebaker Corporatian Texas Co. a SY Texas & Pacific -----—------24 Tobacco Producta A ----.--..91% Transcontinental Oil ~-—~------4% Union Pacific ~-+~-----------131% U. 8. Ind Alcohol ~.-----.---79% United States Rubber ------.38 United States Steel --------106% Utah Copper ---------—~-----66% Westinghouse Electric ~---.--.62% Willys Overland ---.----------11% Amer, Zinc, Lead & Sm ~.—.9 Bid ‘Butte & Superior -------_..-.18 folorado Fuel & Iron -.—.. 26% Montana Power -------~... 62% ‘National Lead 4------~-----—144% Shattuck Arizona ~.---------.6 Bid —$<—<— Standard Oil Stocks Argo. JEM) AT Buckeye . ----------=~- 71 72 Continental . m- 50% 51 slaughter Feb. 13.—(U. 8. Department of Agriculture)—Hogs— Receipts 12,500; market slow 5 to 10 cents higher; packers bidding steady; bu’k 220 to 300 pound butch: ers $6.75@6.80; top $6.85; 180 to 210 pound weights $6.50@6.70; packing sows $6.10@6.25; average cost yes terday $6.57; welght 237. f i Cumberland - ----—--.183 135 z / Naval Oil Reserve Land. |s* SH | Stitt St: ule er; top $9.75; desirable . Be yearlings % is " Lr el TTT Sag | iyy [searce: plainer kind fed steers and Under I to Doheny | £*. 52. i i serie re ay ost ; a Se a Tyr ups [Bulk $7.50@8.85; she stock slow, Steady, bulls 10@15 cents higher; Ohio: Ott - vea’ers 25 cents lower; stockers and 12 Prarie Of} --------—--246 i By M. D. TRACY by the processes through which na- P r] u feeders slow, to weak; bulk 24, 1 i its coal, its ofl and many Pra ac anene Da 06 butcher ‘cows and heifers $4@6.25; (Copyright, 1924, by United Press)| ture makes its 5 Solar Ref ‘208 $ CHAPTER of the other riches of the earth. As Pi 96 97 canners and cutters $2.25@3.50; FRANCISCO, aaa 13.—| the mountains rose from the sea it} £9" {2h = Hey; 47 |Pologna bulls $404.50; vealers to SAN i —_ | 58. 0. 50; . Ic (Cnitea P ).—Forty-thi ‘and | seeped. and trickled from the high S.0.K 2 114 | Packers $9@9.50; few at $10; stoc! er. levels into the pools of the foot- ers and feeders $6@7.25. onehalf square miles—27,840 acres ‘awaited the’ céming 232 235) Sheep—Receipts 17,000; market —make up that portion of ‘Naval| hula and there = 44% 45% | slow; early sales fat lambs steady Reserve No, 1" which the) govern-| “waval Reserve No. 1 was created 325 $30. to strong, mostly $14.25@14.35; best ment leased to B, L. Doheny's Pan-} 1+ the height of the San Joaquin 62% 62% /ught lambs held at $14.50; sheep American. Off Company and which,| Vary ofl boom, while William How- 165 187, | strong 10@15 cents higher; light and with Teapot Dome, is the center of] .-q-rart was President. Under the = -- $3% 63% | handy. weight ewes $8.50@9; feeding the present ofl lease investigation in Washington, . It Hes in the Elk Hills regon of Kern county, begnning about 25 mies west of Bakersfield, oil center $f the San Joaquin valley, Califor- nia, ae The land Itself, semi-arid and par- ched in summer beneath ‘a sun which sends temperatures up close to 120 degrees at times, has been Deopled in the past with homestead- ers, dry farmers and small stock ralsers, attempting to wrest from so-called “Taft Withdrawal. Order,” ‘which created the reserve, it was withdrawn from entry as public land and turned over to the navy to He there as America’s reserve supply of oil for her fighting ships when a ‘time of emergency might arise. Only Three Wells Until leased to the Doheny in- terests, this field was untouched. ‘Then operations on it were started in what oil men consider only a half- hearted fashion. But three wells tho earth a rather meager living. | Have been sunk on tho vest lease to It is in the foothills of the const | Ate, Tess oo arrela nah pec Tange mountains—the Elk Hills lead-| T°" Onty about a dozen men are Pe dics pela on of ie | empigyed on the lease, although on break abruptly into the sea less than ee Say nga setiowas Bm 1 es ‘Garet O11. Poola This is generally attributed not so th le land 18 believed to stand pools of] rover conditions. On the Pan- ot ae untold extent se re south.| american Company's adjoining Hille." thon Geet eae mean nate Teasea numerous’ wells haye been Marla, MeKittrick and other’ ail pee ii A aliaba oe ah fields which have their stories of] then closed. When market cond!- partners =P cyriee ny 8n4/ tions become more favorable these tho Santa Barbara and a itttle tol Noauciion. “Ic ia. the bellet here the southward are the Ventura and] fict the Pan-American company Summerland fields, where oll s planned to extend this mode of pumped from the opposite side of] (poration to the nayal rescrve field. the coast range mountains. Geologists have declared Naval SILVER Reserve No. 1 probably one of the richest of the California fields. NEW YORK, Feb. 13.—Bar silver, 65%;, Mexican dollars, 49%. lambs 10@15 cents higher; several loads $14. CRUDE MARKET Denver DENVER, Colo., Feb. 13.—(U. 8S. Department of Agricu'ture).—Hogs —Receipts 200; early sales 6 cents higher; early top $6.80; other choice medium weights $6.45@6.75; few lights, down to $6.30; packing sows steady, mostly $5.50; tat pigs steady to weak; few weighty kind, $5.50. Cattle—Receipts 700; calves 50; better grades she stock moderately active, steady; g00d cows $5.35; good heifers $7.25; other grades dull to lower; beef Steers weak; other c'asses around steady; early feeders $6.50@ 7; some held higher; better grades vealers $9@10; good 300 pound calves $6.75; canners $2.00. Sheep—Receipts 6,700; early sales feeders steady; few loads 88 to 90 pound fat lambs $13.50 flat; two loads 86 pound feeder kind $13.75, freight paid; one load 104 pound fat ewes $8.25, freight paid. see AL ee POTATOES CHICAGO, feb, 13.— Potatoes trading just fair, market weak on Russets, steady on other stocks; re- ceipts, 63 cars; total U. S. shi ments, 724; Wisconsin sacked rou white, $1.20@1.35; bulk, $1.20@1.4 Minnesota and North Dakota sacked round whites, $1.15@1.30; sacked Red River Ohios. $1.25@1.40; Idaho sacked Russets, $2.00@2. Mon- tana sacked Russets, $1.85@2,00. Grass Creek, heavy ~-----.--. Torchlight ~ 1.80 Elk Basin ----—. 1.80 Greybull . -.. Rock Creek Salt Creek ------------------- Bg Muddy -—. Mule Creek Sunburst ~--— ese pnwwnesnn Hamilton Dome --. Ferris - -. Byron Notches Pilot Butte Lander NEW YORK, Feb. 13.—The de- mand for refined sugar continued fairly active but quotations remain. ed unchanged on the basis of 8.90 to 9.00 for fine granulated, Refined futures nominal. Sugar futures closed easy; ap- proximate sale§, 53,000 tons, March, 5 May, 6.60; July, 5.63; Septem- ber, 5.63. pa SN ae aes Until 1870 it was‘against the law and sacred custom for any subject to Jnok at the emperor of Japan, * Whoever may be found to own this off now, geologists believe that ns originally belonged to Adam and It was formed through the ages,! SORE AEDES BALIRLESES Bo RTE DED GIO IER ~ ry Che Casper Daily Cridune UILSHEAW IN. (GRAIN PRICES LOSE GROUND Both Wheat and Corn Close Czechoslovak Rep. 8s ctfs. OTOGK TRADING Washington Developments Cause Falling Off In Demand NEW YORK, Feb. 13.—Stock prices developed a decided y re actionary trend in the latter part of Lower In Chicago Tra ding CHICAGO, Feb. 13.—Setbacks in| Rep. of ¢ quotations brought about a decline today at| U- K. of G. wheat today’s stock market after an early Period frregularity. stiffer money fates and short attack on the oil shares, based on the Washington developments, influenced selling of the general list for both accounts. Sales approximately 900,000 shares. NEW YORK, Feb. 13.—Stock prices tended upward at the opening of today’s market although heavi. ness was apparent in some of the Oi] issues, particularly Pan-Ameri can issues. General Electric opened ® point higher while fractional gains were recorded by a number of the low priced rails, sugars and leath. ers. Standard shares showed compara- tively little change in the early deal ings, the principal fluctuations tak- ing place among the so-called specialties. Fisher Body continued its sensational advance, climbing 4% polnts to 191, another new 1924 top, ains of a point or more were by Butte and Superior, Al- Ned Chemical, Federal Mining and Smelting preferred ah Copper, Otis Steel preferred and St. Paul Preferred. Pan-American B extend. ed its loss to 1% and Davison Chemi- cal dropped about a point. Foreign exchanges opened regular, The market developed some Irreg- iarity but the main price tendency continued upward although the volume of business was on a sub- stantially reduced scale. Fisher Body extended its gain to 2% points, touching 196. Strength of the copper shares was an early fea- ture. American Smelting and Cerro De Pasco and St. Joseph Lead each climbed more than one point. Otis Elevator advanced 11% to 1%, an- other new 1924 top. South Porto Rican Sugar common dividends on which will resume today, dropped one point on the traditional “selling on the good news.” Oils continued heavy, Phillips and Marland each dropping a point. American Hide and Leather preferred and Davison Chemical each sold nearly two points below Monday's final figures. Rails were sluggish, Southern Rail- way dropping 1%. Call money opened at 4% per Cent. SECOND ADD STOCK MARKT _. The continued weakness of the oil shares had an unsettling influence on speculative sentiment in the early afternoon. Pacific Ol} Standard Oli of California and the Pan-Americans Were especially weak, and United States Steel and American Can also ylelded considerable ground. The closing was heavy. Calling of loans, presumably in anticipation of the Japanese government fi nancing, tomorrow, increased the supply of stocks in the afternoon when Corn Products, General Elec: trie, DuPont, Commercial Solvent B and Houston Oil were carried down 3 to 5 points. ir. Former Premier of Far Eastern Republic Held MOSCOW, Feb. 13.—The charges against A. T, Krasnotchekoff, for- mer premier of the far eastern*re- public and ex-president of the trade industrial bank, who ts shortly to face trial before the supreme court, were announced today. He formerly was a lawyer in Chicago, where he was known as A. 8. Tobelson, and is accused of emblezzlement of funds of the Rus- sian-American Industrial co-opera- tion. It is alleged that he engaged in revels, squandering the bank's money lavishly, and throwing .gold coins to gypsy girls. Six minor bank officials and Krasnotchekoff's brother Jacob, also will be tried. MEMORIAL SHAFT IS_ OPPOSED WASHINGTON, Feb. 13,—Sec- retaries Weeks and Denby, who are members of the committee in charge of the. memorial amphi- theater at. Arlington National cemetery, are understood to dis- approve plans .of the fine arts commission for the erection of a 35 foot-memorial shaft over the tomb of the Unknown Soldier. Drawings approved by the fine arts commission were submitted to the two secretaries, whose con- sent is necessary such a me morlal is to be added to the tomb, and it is understood that they will join in a letter to the com- mission expressing thelr faction with the specifi miitted> Inve ger officers a of the ral way t id to Unknown it practically as addition of any device that might ‘ parture from its present plicity. at Liverpool the opening of the wheat market here. Dock strike uncertainty was mentioned as a reason for the lower quotations at L iverpool. On the downturn in Chicago, however, buy- ing increased, new purchasers tak-| At ing the position that wheat values in this country were on a domestic basis for at least the time being. Initial prices, which varied from unchanged figures to %o there with May $1.11 to $1.11% and July $1.11% to $1.11%, were followed by @ sag all around and thi of a rally. effect on the co: mm market. then some- arger receipts had a bearish After opening % to %c lower, May 80%: to 80%, corn underwent a moder- ate further decline. Oats sympathized with the weak- ness ‘bf other grain. Starting % to Yee off, May 48% to 48%c, prices showed but little power to react. Provisions were firmer in line with the hog market Open High Low Close - 111° 111 1.10% 1.10% - 1.11% 1.11% 1.10% 1.10% ~ 111% LUM 11d 1.11 30% 80% 79% 79% 80% 80% .80 80 80% 80% 80% 30% 48% 48% 48 48 40% 46% 46 46 43% 43% 430 43 “11.89 11.85 11.27 11,27 7 11.45 45 9.82 9.87 10.00 10.50 ~--+ 10.20 10.45 10.50 Cash Grains and Provisions. CHICAGO, Feb. 13.—Wheat--No. 2 red, $1.1244; No. 2 hard, $1.10%@ 1.14%, Corn—No, 3 mixed, 77% @78c; No. 3 yel W, T8@78%c. Oats—No. 2 white, 48% @49c; No. 3 white, 47% @4: Barley—65 @ 80 9c. Ic. Timothy seed—$7.00@8.25. Clover seed—$18.00@24.00. Lard—$11.00, Ribs—$9.50. Bellies—$9.87. ——_—_———_—_—. Flour MINNEAPOLIS Minn., Feb, 13.— Flour unchanged. Bran 24.50@25.50. fi Ss st Laat ecrendeas shed FLAX. DULUTH, Minn., Feb. 13.—Close fixa: February, 2.59%; May, July, 2.66%. Midwest Drills In|» New Producer In Salt Creek Field\[yndian Oil Land Will Go One Salt Creek completion is shown for the past week by the Midwest Refining company. was Wyoming-A. 18-A, SE% 30-40-78, ssociated well drillee, 1 Thin No. n at 2,205 feot as a 62 barrel producer. An account of other Midwest drill- ing operations follows: In Grass Creek well No. 19-A, Meeteetse 15, and drilling. In Baxter Basin well No. NE% 11-17-104, is down 3,245 feet | lease auction. and getting ready to run a string cf 4% Inch cas'ng. The Nelber Dome test well 6-X, in ‘Washakie county has a total depth of 3,470 feet and is aldetracking casing. In New, Mexico at Jones Dome well No..1, SW: Ing at 1,110 feet. 25-12-23, is MONEY NEW YORK, money stronger; ruling rates, 4%; Feb. high, 6; low, closing @rill- 13,— Call 4% bid, offered at 5%; last loan, 5; call loans against acceptan ices, 4; time loans, steady; mixed collateral, 60-90 days, 4%; 4-6 months, 4%; prime mercial paper, 4%. Butter and Eggs | CHICAGO, higher; creamery ards, 5ic; extra 13,— extras, 51c firsts, 49% @ com: 0 firsts, 48@49c; seconds, 46% Ej higher; receipts, cases; firsts, 35@35%c; ordinary firsts, 31@32c. LIBERTY BONDS NEW YOR bonds closed: ; first 44s, third 4%s, 3 Feb. %s, 99.5; 99.10; second 99.31; fourth 13.—Liberty first 4s, 44s, 4%s U. S. government 4%s, 100.1 Surveying and Locations Geologists, Oil Kxperts, Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. Pp. 0. Room 10, Box 325 Daly. Bldg. Dominion of Canada, 5s, 1952 French Republic. Japanese 48 __ Kingdom of Bel Kingtxan of State of Qu Ame Am Anaconda Copper 9 Aanaconda Copper 6%, 1955 — T. and San Fe gen., 4s Ba'timore and Ohio., cv., 448 — Bethlehem Steel con. 6s, Series A Canadian Pacific deb., 4s Chicago, Burlington and Quincy ref. Chicago, Miland St. Paul cv., 44s Chile Cupper 63 — Goddyear Tire § Great Mepntana Power rn Pacific is A Sa A ref., is B I! Tel. Ts R. Gen., 6s Yon. Otl col., uthern Union i. 8. Re 100% 101 93 102% 98%" 99% - 100% 100 100 m 116 2 107 Kt) = 96% - 103% 103 © Oc - 93 92% 2h - 100 90% 29% 00 s+ ‘8s 92% 92% = 93% 93m 93y OC = 90% 90 90 - 85% SB% 85% 5c - 89% 89 89te « = 110° 109% 109% - 107% 107% 107% Wyokans Stock in Escrow; Fair Dealing Demonstrated * — That there is. square dealing| ganized, every stockholder was to among of} men is.shown by the re-| be fairly treated and in fulfilment 2 Ie veon The| f this agreement the offer was ro- Sens Gael eeipaea — perros Ne | jected. Since that time the big Wyokans O11 syndicate and Max W.| stockholdera have held out for Ball, whereby Wyokans stock was| price that would include every stock- placed in escrow in advance of being sold to Mr. Ball at $1.07 a share on or before July 15. A year ago the majority stock holders in Wyokans it is said, were given an opportunity to sell out con trol at $2 a share. It was their chance to clean up and see a freeze- out of the minority stockholders. But, according to an agreement made. when the syndicate wos or- holder in the syndicate. of this fairness of price of $1.07 cover every share of Wyokans stock. In evidenca dealing is the a share which {s to In a ietter to the stockholders notice Is given that all Wyokans stock must be placed in escrow in the Stockmen’s National bak of Casper before April 1, and taut on or before July 15 they are to ro- cétve payment of $1.07 a share. Total Value of Wyoming Livestock Is At the end of the year tho total value of all livestock in Wyoming was $58,565,000, according to the department of agriculture at Wash- ngton which announces the follow- ing figures: Horses. Number Value per head Total value .--.. Mules. 940,000 Value per head Total value -. Number Value per Total value Value per head ~------..--.. Total value ..-... Number Value per head -. Total value - $98,565,000 Milk Cows. ——-~— $23,631,090 Sheep. —--=-———~-2,767,000 $24,903,000 Number ~..-~---------—----119,000 Value per head -~..-----___-.-$10 Total value -------------$1,190,000 On Block in Oklahoma PAWHUSKA, kila., Feb. 13.—The world struggle for ol] will center in this small city in the Osage Indian is own 3,720 feet | Country when on March 18 and 19, 100,305 acres of land will go under the hammer at a government oil Leading off companies will bid for the 160 acro tracts to be let out for mining and ofl production. And as offered for call of the aucttoneer, the Osage Indians, richest of the world’s peo- ple, will see thelr wealth mount. the millions of dollars leases mount under Market Gossip and Briefs On Operations in Oil Fields Burris Dome Test. A rig is being moved from the Kevin field In Montana to township range 79 in Johnson county where a test of the Burris Dome will be drilled, according to a notice from Buffalo, Wyo., which at- tributes the newsa_to a Mr, Albert of Casper. The name of the drill- ing company has not been learned. Locators Made Happy. More than 40 off locators in egon Basin were made happy re- cently by a wire from the secre- tary of the interior to the effect that the Oregon Basin Oil and as com- pany had been denied a ret of the e@ in which they h in contending that their rights to the land were prior to the filings of the local locators. } twen Cody men and as r y from Big Horn county are interested in the The has been at issu for four years. me and. Another Mica Mine. A second mica mine is to be operated this summer in the canyon r incampment, Wyo ston and hi: a ing cabins and ma tions for working s laid at § 3 southwes preparatory to the test of the struc: | [_corron | ture that ts to be drilled by the Of! Well syndicate, headed by Charlie Woods, This syndicate is Market Gossip, NEW YORK, Feb, 13,—Prices of Wyoming oils at 2 p. m. today were Usted on the New York curb as follows: Standard {] (Indiana), 6144; Glen- rock, 50; Mountain Producers, 161%; Mutual, Creek, 19 4%; New York, 12%; Salt Billy Creek Test Latest reports on the Billy Creek deep test well No. 3 show it to be down 4,072 feet this morning. The Muddy sand is expected at around 4,100 feet. METALS NEW YORK, Feb. 13.—Copper— Fi electrolytic, Ss, 12%@ n—Strong; spot and fu- and nea: NEW YORK, Fet » quiet; middling, 33.20,