Casper Daily Tribune Newspaper, February 15, 1924, Page 9

FIRST OWNER OF OIL FIELD TELLS STORY Homesteader Who Located Land Later In Petroleum Reserve Still Fighting for Rights in’ California: BEARS ATTACK |WHEAT PRICES STOCK PRICES) GIVEN SETBACK Market Confidence Under- mined by Washington Developments Crechosiovak Rep. &s., ctfs, Danish Municipal, 8s A Dominion of Canada, 5: French Republic 74s Japanese 4s . Kingdom of B Trading Heavy at Close Decline of One to Two Cents t Columbine ~.......--. Central Pipe Line ... 2.15 Consolidated Royalty. 1.: American Weolan. ~.--.—.-- Anaconda Copper -.-.-..-- Atdhiaod, .-Kotebaessee—cukew. 98% NEW YORK, Feb. 15.—Stock Kingdom of Norway a —Stock | CHICAGO, Feb. 15— Influenced ‘2 Jani ‘snd again was thrown: open AtL, Gulf and West Indies. 15 Prices reacted sharply in today's |largely by weakness of the New |2¢P- of Chile ‘ 4 bome ee | Baldwin Locomotive ...—— 120% market on the circulation of reports | York stock market and in cotton a & L, Bue ment reserved the subsoil izhts Baltimore and Ohio -....... 56 that one of Wall Street's most prom- » 54a 3 decided setback of wheat values took place today after an earlier advance. Wheat closed heavy, 1% @l%c to 2%c net lower, May $1.09% to $1.09% and July $1.09%@ % to $1.08% Railw: American Smelting, 58 American Sugar 6s American Tel. col Anaconda Copper 7s, Anaconda Copper 6s, inent traders had t ed bearish the rights to the oil. at ast rights he oll. because of his belief that the Wash- lomesteaders’ ington oll disclosures had under- mined public confidence. Virtually ®1 active industrial stocks broke “Then came the next step, the leasing of these lands to the Do- heney oil inte: We homesteaa- woe-- 1.55, two to six points with so: b At. T. and San. Fe., gen., 48 — ets had stuck our claims. We me of the 0} “ It's the side of the who ; chiaeee nd soetntets ae low Poa a i = 3 . ‘Feb. 18—Prospects of Bethignens ‘pres! oe Ge aoe A man once its, any ern ow yesterday's final figures. Rails |the tariff being increased gave firm- .: n the land—who held it aa righ! at least, 1f not the rights to = ed gave firm: oil. Chicago, Mil., & St. Paul pfd Mountain & Gulr offered more stubborn res'stance to CAnetan, néss to wheat prices today Curing homestead. “One morning I awakened to fina| Chicago, R. I. and Pac, --.. 21% itll OB 77051240 | vressure, tomes being held to alearly dealings. The upward tend |Chicase, Milmetier se eee He still ts in the fight. that off well. machinery had teen| Chile Copper -------------- 27% | ern ¥ . point or ‘so. Sales approximately 1,-|ency of values, however, was helped |Chile Copper, 6s Let Claude » one of the! placed on my farm by one of the|Chino Copper -----... 700,000 shares. more through absence of selling |Goodyear Tire 8s, 1941 homesteaders on Naval Reserve No. | big oil companies. Consolidated Gas -------~. Royatty &@ pressure than as a result of in-|Great Northern 7s, A 1, tell the story. yacty Producers. “Who in blazes can farm when} Corn Products -------------- his place is itcered with of! rgs? | Cosden. Ol ---------.--_- “We had to give up.” Crucible Steel «.... Moore declared that homasteefors | of the California «and the Teapot Dome oll regions now are orranizina Montana Power 5s A Northern Pacific reft., 6s B .. Northwestern Bell Tel., 7s ~~ Pacific Gas and Electric 5s Penn. RR. Gen., 5s Sinelair Con. Oi! col., NEW YORK, Feb. 15.—Stock prices started upward at the upen- Ing of totmy's stock market al- though sales of profit taking and bear selling gave the general list an creased buying. Lack of new de- mand was explained in some quar- ters as ‘due to the fact that there is 30000,000 bushels of Canadian bonded wheat at present in. the ago homesteaders eis were invited to take up the lands now in the California oll reserves,” he said. “We took them up from the government, went out there and Western Exploration. 3.70 Wyo. Kans 3.80 Famous Flayers Lasky 19 Tregular appearance. Oils made ir-| United States. Opening prices,|Southern Pacific cv. tried to farm them. We had titles|to have the oll companies ejected|General Asphalt regular recovery from recent heay-|Which varied from unchanged fig- Mg es akin first 4s ! 3 ah iness. a 2% sea) Ke vith May 8. Rubber 5s ~ I General } ited States Cu Pipe one s ¢ ; *lwestern Union 64%. “Then the government came along | rights. Great Northern pfa. Scjunthin setae , Prices fluctuated within narrow | followed by a moderate general up- | Weetinehouss E % and took back these titles; saying] ‘Whether or not millionaires loan-|Gulf States Stecl -------... 80% Geeeen: oat “ imits in the early trading with | turn. Wilson and Co., ev.. that the land was oil land and was|ed money to Secretary Fall to get| Illinois Central ------——-——— 102% | catt aa Speculators for the advance main-| Subsequently, free selling on the wanted for the navy. So the home-| control of the oll lands is only aj|Inspiration Copper ----_-. 25% Salt pce ame aining control. Congoleum advane-|Part of commission houses led to . steaders left it. phase of our fight,’ Moore declared.| Int. Mer. Marine -.------... 83% sais Bs ed 25% to 63%. a new 1924 top, and | fharp decline in prices. “A few years passed and some of “But the publicity being given in| {(nternational Paper -.-... 35% Allig Chalmers and New Orleans, Corn and oats were firmer with ar et OssIp the land was pronounced unproven | this investigation” will help.” Invincible = 13% 155.00 Texas and Mexico moved up about | Wheat. After opening unchanged to . Kelly Springfield Tire ----.. Kennecott Copper -.-------- Lima Locomotive ex div - Louisville and Nashville -. Mack Truck ~. Marland Oil Citles Service Com. ~~ 154.00 ————— LIVESTOCK @ point each. Other gains were largely fractional. Davison Chem! cal dropped one point and Stu baker yielded fractionally. Foreign exchanges opened lower. Renewal af bear attacks again: ‘ac higher, May 79% to 80%o, the corn market scored gains all around. Later, there was Increased sel!- and the corn market became Crude Production Shows . Decline in the Last Week NEW YORK, Feb. 15.—The dally average gross crude oil production of the United States decreased 2,600 barrels for the week ending Febru- ary totalling 15,000 barrels, ac- cording to the weekly summary of ing, weaker when wheat turned down- « Wyoming Oils Maxwell Motors --—-.---. 14 o Prices the oil shares followed by heavy |Ward in price. Corn closed unset-] suew.yoRK, Feb. 15.—Prices of Middle States Of] -.-.--...0 5% CHICAGO, Feb. 15(U, 8. De-|" ling of the steels, turned the|t!ed 4%@%eo to %o net lower, May Wyoming olls at 2 p. m. today were Missouri, Kan., & Tex., new 11% | partment of Aariculture)—EH course of prices downward. Schulte | 79%c- Agriculture)—Hogs— Receipts 46,000; active; steady with yesterday's average; all interested working. Bulk good and cholce 240 to 310 pound butchers 7.20@7.25; top 7.30; desirable 160 to 225 pound averages mostly 7.00@7.15; better grades 140 to 150 pound averaged sargely 6.75@6.95; bulk packing Usted on the New York Curb as follows: Standard Off (Ind.) 60. Boston Wyoming 1%. Mountain Producers 16%; Mutual 12%; Omar .68. Salt Creek 19%. Mssourl Pacific pfd. ew York Central --.-... N. ¥., N. H., and Hartford Norfolk and Western Northern Pacific Pacific Oll- ----... Pan American Petro’eum B. Pennsy!vania Oats started at %c advance, May {8%a, and later climbed a little more, Provisions were easier in the ab- sence of any aggressive buying, broke 3% points and Baldwin, Du- Pont, United States Cast Iron Pipe Republic Steel, American Bosch Magneto and General Electric sold |” 1% to 2% points below yesterday's final figures while General Asphalt common and preferred, Texas com pany, Houston, Tidewater, Pacific, crease of 1,600 barrels; Kansas 71 050 barrels, decrease of 450 barrels; north Texas 65,400 barrels, increase of 1,550 barrels; Central Texas 187 950 barrels, increase of 50 bar: rels; Wyoming and Montana 140,000 barrels, decrease of 5,350 barrels. - Cpee Eis Lagw? Coes Union Oi Earnings. SAN FRANCISCO, Calif., Feb. 15. WHEAT— American Petroleum Institute, ly average imports People's Gas -------------—-_ 95% | sows 6.10@6.25; killing pigs un-| ‘™erican Hide and Leather prefer | May ---~-1.10% 1.11% 1.09% 1.09% | Tho ears pales wete $72,926,577 ed daily average production east iaenat baht hn Aas 4h Mache Producers.and Refiners ----. 25% | changed phil desirable strong |e’ Studebaker, American Woolen ae ereren 1 ir ar bose, tesa, |the Union ON company of Califor- of the Rocky. Mountains was 1,283,-| ended February 9, were 201,857 bar | Uure Oil ex. div. ------—-. 23% | 6.00@6.50; heavyweight hogs 7.10@| American Sme'ting, Commercial | Se. -----1.10%4 111 1.08% 1.08% | 1) snow that the company earned rels, compared with 206,429 barre's Scaetera-reeranmeel 1.30; Medium 7.05@7.25; light 6,85@| Solvent B and Kelly Springfield |S aa aoa, toy rom | Net Profits of $8,032,649 in 1923. for the previous week. Daily average | Republic Tron and Steel 54% 17.20; light light 6.00@6.10; packing | "s!stered losses of a point or more. | Ma ----~ the ae Yt, 79% | phe years sales were’ $72,926,577 receipts of California oll at Atlantic| Sears “Roebuck . sows smooth 6.15@6.40; packing | ‘dependent strength was shown, | July ----- iss ne ie in as against $58,237,141 for 1922. The and Gulf coast ports were 173,000 | Sinclair Con. Oil sows rough 6.90@6.15; slaughter] 1°Wever, by Congoleum; which ex Gate: per, "4 . 80% | croft before déducting depreciation Oklahoma shows a daily average| barrels with 141,143 bar-| Southern Pacific Digs 4.50@6,50. < Ended ite gain 3% points; Corn |i 4am 48% 47% 47% | ANd the other fixed and special lia production of 410,050 barrels, in-|rels for the previous week. Cattle—Recelpts 5,000; beef steers| Products which moved up nearly | MAY PAGS AO S6RIG 3 4854 | Utes was, equivalent” to /A3% /per a | Standard Ol of N. J. 2 Jairly active; steady to strong; spots|*, 42@ American Can and Pacific 4 ly by AK sane “aay cent on the capital stock as com- Studebaker Corporation .—~. shade higher on well conditioned of-| “08st. each up about 1% points. mea Gly ‘i wu" | pared to 23% per cent for 1922. te id : be Pepa. Gov soos ost ferings; top handyweight steers] “*!! money cpened at 4% per cent. | VA 11.85. 1188 1198° 11.38 1 rg) lant ervice Texas and Pacific .-------.- 22 | 11.00; firm light weight mixed yeari-| | Energetic bear selling after mid-| Wav Saye yes eee ayaa ates Nearing Objective Sand. ‘ Tobacco Products A ------. ‘89% | ings and weighty matured steers} @®¥ Uncovered stop loss orders, the] }1¥, --~---11- é 4 “" | Word from the Crescent Eagle of! 5 . Transcontinental Oll --—--. 4% | 10.75; several loads handy to strong | °Xecution of which drove down some | \" 9.82 9.83 72| well, near Thompsdn, Utah, in Union’ Pacific -...---------- 180% | weight bullocks 9.85@10.25; bulk | ™embers of the steel, sugar, motor.| 18Y -"----15'09 10.00 irand county, is in effect that rporation SC ECL] u.'s: tna, Aiconoi 22-74% | fea steers 7.56@9.80; tat she stock, pierre aa OR A crn ; 10.27 | underreaming has been finished and & United States Rubber - 36 | bulls, ‘vealers, stockers and feeders | r yesterday's final prices. the casing set in the hard forma tion near bottom. The drillers are now making more hole with the cheerful fact confronting them that both the gas pressure and the oil showing have materially increased. 10.52 10.55 10.52 July Cash Grains and Provisions. CHICAGO, Feb, 15.—Wheat. num- ber 1 hard $1.10%@1,12; number 2 hard $1.09% @1.10%. Corn number 2 mixed 77@77'4c: number 2 yellow 80% @8lc. Oats number 2 white 48% @49c; number 3 white 474 @48%c. Rye number 2, Tic. Barley 63% @8lc. Timothy seed $6.50@8. Clover seed $18@24. Tart, $11. Ribs $9.37. Bellies $10. Various high priced shares were ac: utely weak. Fisher Body. losing 13 noints and General Hlectric 744. The closing was weak. Bear trad. ‘rs paused for a breathing spell in the later afternoon but resumed he attack when the market fatled to show any recuperative power uring this interval. (United States Steel ------.. Utah Copper -—--.-_._. Westinghouse Electric --—. Willys Overland - _ American Zinc, Lead and Sm. Butte and Superior -.-.----. Co‘orado Fue! and Iron -—___ Montana Power National Lead Shattuck Arizona steady; bulk veal calves to-packers 9.50 downward; outsiders buying at 10.00 to 12.00 and above; shippers selecting choice handy weight of ferings at outside figures; country demand stockers and feeders late yesterday more active than recently at price spread of 5.00@7.00 mostly few strings plain light weight stock- ers downward to 4.00; demand wid. est, for meaty weighty steers. Sheep—Receipts 8,000; fairiy ac- tive; killing classes generally strong $2,000.000; Minneapolis, $1,000,000; Pittsburgh, $600,000; Cleveland, $700,000; Detroit, $700,000, all ne- ported over-subscriptions. The new corporation, which wil! make available immediate. $100,000,- 000 for farm loans, should be ready to operate next week, Mr. McHugh reported to more than 100 bankers and business men who attended the meeting. By- virtue of its organization as a @ebenture institution the corpora tion wil] be eligible for loans from the War Finance corporation to an amount equal to ten times its capitalizatio CHICAGO, Feb. 15.— Over-sub- scription of the $10,000,000 capital for the financlal service corporation created ‘to assist in the emergency” of the agricultural northwest, was reported to the organization meet- ing by Chairman John McHugh, president of the Merchants and Metals National bank of New York. Cc. T. Jaffery, Minneapolis, presi- dent of the Soo Lines, was selected as chairman of the board of the new corporation. Headquarters will be established in Minneapolis. The capital subscriptions were allocated as follows: Must Utilize Gas. Notification was sent all operators in the Salt Creek fleld the latter part of last month by the Bureau of Mines, requesting that replies stating what pla were made for disposition of gas from wells be made not later than today. The bureau in pursuing its policy of conservation, wishes every operator to either sell his gas to a gasoline extraction plant, or to provide one MONEY NEW YORK, Feb. 15.—Call money easier; high, 4%; low, 4%: ruling rate, 4%; closing bid, 4%; fat wooled lambs 14.50@14.75; top to shippers 15.00; fat ewes 9.25@9.50, Omaha Quotations Anglo Buckeye 16% 16% 71 72 commercial paper, 4%. POTATOES fered at 4%; last loan, 4%; call Continental 21-49%.’ Bo OMAHA, Nebr., Feb. 15.—(U. 8. 1 AM: tor hitoasie. T e I e e Galena —. 66 Receipts 15,000; market steady to sr page eter $e Midwest Asking Bids. Wool rading ght In Illino.s 14 five lower; active to steady; bulk | 1#¥8 4%: 46 months, 4%; prime Net Value of Supply companies are bidding on 220 to 300 pound butchers 6.85@7.00; to 7.00; desirable 180 to 210 pound Boston; Demand Is Slow : pate a Midwest order for 100 steel derricks, 100 sets of-5-inch rig trons, 12 sets of 6Inch rig trons and 200,000 feet of sucker rods. This | Human Body cost yesterday ne le—Reece material when purchased, will be eTON, pra rete aad year ieoaeiateay cate te Is 98 Cents ||trca'tn the ‘company's Bait, Creek macarons Reig ickert reported here 104% 106 | steady; top steers 9.00610 10; bulk | “CHICAGO, Feb, 15—Potatoes firm pumping and drilling operations, mn i io efilioae saa the ran fee Pe aot steers Bes J lini 7.5008. 65 he | 22 all except ‘daho’s which are dull Commercial Bulletin will say tomor-| and there for an occasional lot of|Sou Pipe ----......- 96 98 seer Maen i fease é eas. ral a roa atagery iceslate C6, ca on Ninwea Tee reeks bea jpclet row: wool, but growers generally are Kan, ------—.-. 245% 246% other = killii a Raper bh ae ed United States shipmests 822; Wis-| net material value of an average Current operations of the Marine f Ton aay Rte teR weak | praca ee 111 112 | fecdera steady; bulk butcher cows | consin sacked round whites $1.25| human being is 98 cents, accord: | oy company in the Salt Creek field with Guang OF tent octet phe sped paneer stron; By Se 234 235 | and heifers 4 06.25; canners ana} @$1.40; bulk $1.40@$1.60; Minne-| ing to analytical research made | 44 ‘at Sheldon Dome are shown aa with more or less effort being “Foreign markets are gs and/s. o. 44 44% | onttera 2.25@3.50; bologna bulls| *9ta and North Dakota sasked Red| by Dr. C. A. Plerle. head of the | fojows: to ascertain the probable trend of| Bradford is feeling even a bit more|s. 0, 312 315 Salty i aan on pre] ee nice sLa0@HLGns Téang| Gepartinent Of chemistey at. the DORR cae call. ie ee eee traoe Lay she aa 2%) |lcmeerruu sy Nhe De masyy coer wes. ce 68% 68% | 4:60; practical veal top 9.00. fow ax |sacked Russets $1.90@$2.15; sacked] West ‘Texas ‘Teachers College | rpis well was shot on January 30, Ported here and there to a limited| the southern hemisphere are near- 160 «165 9.50. bull stockers ana feeders 6.00] Rurals $1,60@$1.65. here. but with unsatisfactory results. It for needs a AtaeLsuaret al no hee *f, onal Sie aie: Bone tas here |S: O- Ind. -—~-~------ 59% 59% | @7.00. : Dr. Pierle hag found that the | was again shot on Mebruary 12 with for needs, but there is no “Mol is very strong both Sheep—Receipts 6,590;. market’ ac- body of a man weighing 150 | 39 quarts and at last reports there and abroad. Contracting continues in Texas on the basis of 50 cents for mohair and 65-75 cents for kid hair.” Volume of business being done, and there is a disposition to await the further openings of goods. “The west is generally tranquil, “Wake Up Casper” s Admonition. of nvestment Firm pounds if divided into its compon- ent chemical elements would be found to contain enough water to wash a pair of blankets, enough iron to make a ten penny nail, lime sufficient to’ white wash a small chicken coop and enough sulphur to kill the fleas on a good sized Cog. All these elements he estimates, could be purchased at a drug store for 98 cents. pan Deeside eae Was about 1,100 feet of oil in hole. Section 9-39-78—DS38 Wolverine— Drilling at depth of 1,130 feet. Section 16-39-78—Mosher 1—5 3-16 inch casing was cemented but the water broke through. Now getting ready to recement. Mosher 3 is being cleaned out. Section 17, 39-78—Marine 1—Being swabbed and cleaned out. Marine 6 —At depth of 2,621, which is the top of the second Wall Creek sand. 6% inch casing has been landed at this tive and steady; wooled lambs 14.25 @14.50;-sheep and feeders scarce, nominally. steady. Denver Prices. DENVER, Colo., Feb. 15—(U. 8. Department of Agriculture.)—Hogs —Recelpts, 600; steady to 5 cents lower; early top, $6.90; other 182 to 280 pound averages, $6.80 to $6.85; 170 pound. averages, $6.65; packing sows, steady, $5.50 to $5.75; few fat pigs, steady at $5.50. MAN DIES AT AGE OF 120 VIENNA, Feb. 15.—Yussuf Maca Mahomettan is dead at Yagoubitza, Tugo Slavia, at the ago of 120, ac- cording to a Belgrade despatch. Yussuf married thrice *and one of his surviving sons is only 17 years CRUDE MARKET Cat’ Creek -—---..---...._-__§1.80' wemnenennnee= 1.75 ncome, suburban lots; trades. for- sign or local, ranches, irrigated tracts, or any kind of property that will make you prouder than a fat bank book it matters not to us for that is our business and that being our business, we make it a business to see that you get a EET Ueht" i 80 heavy 90 Torchlight PO Ree Cas Elk Basin ....es2-2052-2.5e. Greybull . ,. you depth. Getting ready to drill In. ; dollar's worth of property for every a onttle— Receipt 450; calves, 50; | ola. es A Howard Carter ep ting ready to cfizace and ure, fi helfers,atound ate ‘one load Bates itiess satther dekh ie Section 8-5-2—Sheldon No. 2—The os Hie 2h elt oed you aoa Facts and figures, figures and and heifers, around steady; one load | prophet, he neither ‘drank nor B d f pbectiom, $:2—Rheldon No. 2—The Sota ide erent nah A rath ‘the | facts, you don’t need them here. good cows, §5.00; few common] smoked. His only beverage was arre rom and now drilling ahead at depth of 3,215. Sunburst ~~. Hamilton Dome Ferris . --.-. ByYPON W. scncvcewseeennc eee Notches ~-...-~<-2+-2---2-.. Pilot Butte ...... Lander Casper is, and will be, and will con- tinue to be, one place where you can realize your investment. CASPER INVESTMENT Co, ’ METALS NEW YORK, Feb, 15.—Copper strong; electrolytic, spot and nearby 18% @18%. Tin firm, spot and nearby 55.00; futures 54.50@64.62. heifers, $4.25; practically no desir- able veal calves offered; odd vealers, $7.00 to $8.50. Sheep—Recetpts, 5,600; few sales steady to strong; bulk of offerings unsold; fivé loads lambs averaging $4 pounds, $13.75 freight paid; few loads 135 flat; no sheep or feed- Ing lambs sold early. Butter and Eggs CHICAGO, Feb. Turkish coffee, which he consumed in vast quantities. SUGAR NEW YORK, Feb. 15.—No im- provement was noted in the demand for refined sugar, but withdrawals on old contract continue large. Prices were unchanged at 6.90 to 6.95 for granulated. Sugar futures closed weak; proximately sales 64,000 tons program in blasing letters before our eyes 24 hours a day? Is it pos- that you are blind to the op- portunities that are fairly hitting ‘ou in the face? Are you afraid you re going to lose a nickel bus fare © investigate a proposition that il undoubted'y net from 50 to 100 per cent profit? Where and when has this oppor- unity presénted itself as it has here in Casper now. and will con- Pnue to do so for the coming years? What's the matter? Are you afraid if Casper? Steele Creek Drilling The test well being drilled by the ‘Tarrant Syndicate on the Steele Creek structure in Johnson county 1s down 2,270 feet in a 6%-inch hole. The sand thought to be the first Wall Creek which was picked up several weeks ago and found to be water bearing, was only four feet thick. Pharaoh Tomb LUXOR, Egypt, Feb. 15.—(By The Associated Press.) — Howard Carter presented himself at Tutan- khamen's tomb today and was re- fused admission by the chief of po- lice, who presented a written order from the government. Mr, Carter then retired. —_——_—_— LIBERTY BONDS NEW YORK, Feb. 15.—Liberty bonds closed: 3%s 99.3; first 4\%s 99.6; second 4%s 99.4; third 45 Williams Directors Mecting A meeting of the directors of the ap- 15. — Butter, March Are you going to let the other] -Iron steady, prices unchanged. | 99,31; fourth 4%u 99.6 U. S.' Govern-} lower; creamery extras, 60%c; stand- | 5.40; May 5.42; July 6.45; September] PREMIER Deep reek anid oe Dread tho ueetbaiy'c oftieae han get everything? You are broad-| Lead firm; spot 8.50@9.00. ment 4\s 100.4. ards, 50c; extra firsts, 49@50c; firsts, | 5.45. AANDON,,; Fab. : iia “8 srl Ie ; ee - WUDdine: ditke Wrow. Inded enough to know that now| Zinc quiet; East St. Louis, spot 48@48%0; seconds, 46% @47 4c. = position from which Premier Mno-| in the Moose bullding. Judge W. ¥. the time to got in an the ground | 4nd nearby 6.85@6,90. Eggs, lower; receipts, 16,617. cases; Donald is suffering is aac i ne F Bist of 25 (iB anal pa iii oor. Are you going to let the fel-| Antimony spot 10.75. 7)| Orsts, 33%@340; ordinary firsts, Sr racmcars thdanr Tria aber’ ttaee mah tee ie Ste fr, Sete eyteloel eve this ininoe’ tbat a COTTON N@sze. SILVER panied in eome degree by insomnia ; nat Nereis pee aie rhs have ae Flour with the result that he is very tired Texas Well Drilling In the Lost 6oldier field the Texas Production company's Good Flax DULUTH, Minn,; Feb. 15.—Close flax Feb, 2.58; May 2.58%, he to blame but yourself. NEW YORK, Feb. 15.—Spot cot: Ig ‘it's business, residential ton-quiet; middling 31.31, NEW YORK, Feb. 15.—Dar silverIt is not suggested, however, that MINNEAPOLIS, Minn., Feb. 15.— f ae 5 Y 65; Mexican dollars 49%. his conditiun is in any way serious. Flour unchanged; bran 24,00@25.50; ay and Miscellaneous and Briefs On Operations in Oil Fields well No. 2 ts drilling at 1,925 feet. A string of 84-inch casing is follow- ing up underreaming and is now at 1,902 feet. It is thought the objec- tive sand will be struck at 2,450 feet. Another Foot Drilled One foot was added to the depth of the Billy Creek deep test well yesterday, making the total depth 4,- 079 feet. Western Ex. Dividend A quarterly dividend of 1 per cent, or 6 cents a share, was declared to- day, by the Western Exploration company payable March 20 to stock- holders of record March 15. Copper Merger Approved NEW YORK, Feb. 15.—Absorp- tion of the Chino Copper company by the Ray Consolidated Copper company has been approved by the stockholders of botn companies. The merger will be completed by the ex- change of 1 2-3 shares of Consolidat- ed for one share of Chino. Ray Con- solidited will issue 1,500,000 ad- ditional shares for this purpose, Foreign Exchange ; NEW YORK, Feb. 15.—Foreign exchanges easy; quotations in cents: Great Britain demand 429%; ca- bles 430; 60 day bills on banks 427%. France demand 4.44; cables 4.4414; Italy demand 4.84%; cables 4.35%. Belgium demand 3.79%; cables 3.80; Germany demand .000000000022; ca- bles .000000000022. Holland demand 87.35; Norway demand 13.29; Swed- en demand 26.10; Denmark 15.79; Switzerland demand 17.39; Spain de- mand 12.75; Greece demand 1.67; Poland demand .000011%. Czecho Slovakia demand 2.91; Jugo Slavia demand 1.27; Austria demand .0014 %; Rumania demand .51%; Argen- tina demand 33.50; Brazil demand 12.10; Tokio demand 4.34; Montreal 97 1-22, ce agaist LEAD PRICE ADVANCED. NEW YORK, Feb. 15.—‘The American Smelting and Refining company today advanced the price of lead. from 825 to 840 cents per pound: CRAIG INTERESTS We have a smal! sonal Stock of the Hamilton-Salt Creek Oil Corporation which we will sell to the best bidder. Make us an offer, This must be turned into ©: block of Per- S. F. Eshelman who started the drilling of the big well for the Texas company, is president of the above company, After he felt sure of production from this well he join- ed forces with parties who had leases on nearby acreage and also with owners of acreage in other domes of that field as well as the owners of government permit on 1,800 acres in the Salt Creek terri- tory of Wyoming. This acreage near Balt Creek- Hamilton dome, Pagoda, Beaver Creek and other domes of the Craig, Colorado, territory was put into the Hamilton Salt Creek Ol! corpora- tion capitalized for $600,000, 6,000 shares par $100 each, We understand practically none of this company's stock has been offered for sale. Mr. Eshelman has been negotiating with big compan- fos who plan on developing the company's lands on a percentage basis, at the same time pay'hg this company a big cash bonus for sam The stock we offer is not the com- pany's treasury stock, but stock xiven for leases when the company first incorporated—henee your opportunity to purchase same. Title is O. K., and we ¢ ntee proper transfer as purchaser We this wonderful future. Ser for any amount from shares (Par Value $100). Sabin & McGlashan, Attorneys Boston Building, Denver, Cole. m comr y wish. y has a your bid to forty belleve