Casper Daily Tribune Newspaper, April 11, 1924, Page 11

FRIDAY, APRIL 11, 1924. ERT B. BARTLETT. (State Geologist of Wyoming) INSTALLMENT NO. 1, Inquiries coming to the state’ geclogist for information about var- fous fields are for general geological data and information as to recent Gevelopments, This press bulletin hhag been prepared to take care of inquiries on ofl and gas develop- ments of the Laramie and Medicine Bow districts. The tegion to be discussed ie reached from the Union Pacific railroad from Laramie to Walcott, and includes approximately 25 struc- tures, mainly in the Laramie and Hanna basins. The geolory of this territory has been covered by U. 8S. Geological Survey bulletins number 816 and 364, professional *paper 108 L, Geological Folto 173, and press bulletin 12514. Publications of the state geologist relating to the area are press bulleting number 4, 7 and 32, which are now out of print. Re- cent discoveries of oil in the Rex Dome, Simpson Ridge, and Medicine Bow structures have aroused con- siderable interest in the entire area and have created a demand for in- formation regarding developments. The Rock Creek field is one of the most important producing fields in Wyoming; the fields recent!y dis- may become important; structitres have not yet been fully tested, while others have been proven to be barren, It is the inten- tion of this bulletin to cover brief- ly the results of the various tests, with a short discussion of the geo. logy. In a number of cases the wells wero drilled several years ago, the ‘wells abandoned, and the operators have left. The lawa requiring opera- tors on patented or state land to file logs and reports in the office of the state geologist was not passed until 1921, consequently it is al- most impossible to secure a com- plete and accurate record of all the tests in this area, but the informa- tion given here in is believed to be as accurate as is obtainable at this time. ‘The state geologist has for free distribution a, Hmited number of copies of a map showing the loca- tion of oll structures on which can be found the structures mentioned in this press bulletin. - Big Hollow.” ‘The Big Hollow anticline is a north and south trending anticline mainly along the west side of town- ship north, range 75 west, and plunges to. the north, the surface formation being the Niobrara. In the eastern part of the same town- ship and in the northwestern part of township 15 north, range 74 west evidences of an anticline have been found and have led to drilling. The Wyoming Spindletop Of] com- pany drilled in the southwest quar- ter of section 32, township 16 north, 74 west, to a depth of 1,500 feet; a little dead ofl was found in the first sand at 700 feet and some gas at 1,100 feet. The Briggs Ol! syndicate started a well May 1, 1922 on the southwest quarter of section $2-16-74, which at this time is dritl- ing ‘at a depth of 3.075 feet with blue shale at 3,040. The surface racks belong to the Niobrara; the Muddy, Dakota and Lakota were tested, the Muddy being Cry, tho Dakota water-bearing, At 1,995 feet in the Morrison a heavy gas pres- sure was encountered. On the Chug- water, red shale was found 2,110 to poet an alge inne sesame co cee ile. alles che feet, with limestone beneath. Commodity freeze can prevent one.of the larg eat peach crops ever known in this year. Orchardists are taking steps to can the fruit which ripens on the trees too rapidly to ship. HOUSTON—The first car of local strawberries this season is now on ite way to northern markets. ‘The movement is expected to total 300, carn a decided increase over last season. =, HAMMOND, LA.—Six or seven cars of strawberries sre moving daily to northern markets. Crates are bringing $5 each in carload lots compared with $7.50 paid for the first shipments. Demand is active. Electric Equipment PITTSBURGH — The Westing- house Electric and Manufacturing company will enlarge its Sharon transformer plant by the addition of etx acres of floor spac PORTLAND—N. H. Larsen, an Oregon producer, haa received an order for a million feet of spruce rc to be used in making battery Hardware SEATTLE—Tho wholesale — hard- ware trade in the Pacific northwes' is active and surveys covering lead- ing concerns indicate this Is duo to improved conditions in fishing, min ing and building activities ‘Textiles BOSTON=New Bedford tine goods mills are down to a general level of 65 per cent of capacity operation with some working as low as 50 per cont of thelr machinery. One pro- ducer of tire fabrics in New-England has cut wages 15 per cent but wage revisions are not being generally Finance # Geological Data and Oil In LatamieMedicine Bow District Are Reviewed |= Fruit Cotton MACON, GA.—Only an SHREVEPORT — The Louisiana In section 12, township 15, range 75, the Kasoming Oil company aban: doned its well in the southeast quar- ter southeast quarter at a depth of 1,440 feet, water being found in both the Muddy ana Ci ly sands, The BSteffin syndicate d/illod in the southwest quarter.of t/e samo seo tion, going through Frontier sands at 480 feet, with no ofl show- ing, @ comparison of the logs of the two wells indicating that this well is from 60 to 80 feet higher on the structure, A number of shallow wells drilled several years ago in the south haif of section 6-15-75 indicates the pos- sibility of small production of heavy oll from the Harris sand at about 900 oy on account of quality and Production it has not been marketed up to this time. Two wells are being cleaned out now, with the expectation of putting them on pro- duction, The Apex Ol and Refining com- Dany has q standard rig on section 18-15.75. The well has been drilled to a depth of about 1,600 feet, but at present is shut down, and is re- ported to have had a showing of oil in the Harris sand at 781 feet. Kirk and Tracy, the Wyoming Hollow Basin Oil company, have a star rig on section 14-15-75, shut down for the winter after drilling to @ depth of 1,220 feet. In the south end of the field, on the Murphy Dome, the Kasoming people found water in their well in both Muddy and Cloverly sands, in the southwest quarter of section 32- 15-75. Until the present wells are completed, the Big Hollow cannot be said to be completely tested. Mandel or Millbrook. The Associated Oll company Grilled north of Millbrook in section 11-16-76, starting in the Steele hale, encountering the Wall Creek at 2,385 feet, bearing water, contin- uing to a depth of 3,089 feet with water in what was probably the Mud¢y sand, at 3,005 feet. This was called the Mandel structure. Lake Hattie. This {s cal’ed Strom anticline on the state map issued by the U. 8. Geological Survey. A well was started by the Centennial Valley Oil company in September, 1919, and finished in May, 1922, in the n& si of section 30-15-76, in the Steele shale, the structure here being slightly terraced. A eo iba of oll was encountered*at 2,005 fect, and the Muddy sand at 2,938 feét carried water; a showing of ofl was: found at 3,108 feet in the top of the Da- kota, the remainder of the Dakota carrying water, and the hole was abandoned at 3,200 feet. Centennial Valley. The Centennial Valley Oil com- pany started a well in September, 1918, and finished it June, 1923, on the ne% of section 12-15. was also started fn the Steel and drilled to the Dakota, which carried “water; depth 3,013 feet. Showings of gay were obtained at 1,205 and 2,736 feet in black lime shale. Sodergreen. The Sodergreen structure proved to be a failure and has been definite- ly abandoned. It is located in seo- tions 20 and township 14, range 76, and appears to be a small, narrow anticline with the axis run- ning northeast and southwest. The well was drilled by the Producers and Refiners corporation in the net of section 28-14-76. (Continued Tomorrow.) Trade News boll weevil commission has raised the quarantine which has existed since 1920 on a twenty mile square zone in this state and ruled that cotton from this area may be ship- ped this fall provided the seeds are sterilized. Tobacco DANVILLE, Va. — Considerable harm was done to tobacco seed beds in this section by the recent heavy frosts, Leather PHILADELPHIA — Activity of British buyers has aided the glazed kid market. The rio® of colors pro- vided in indicated by one shoe ex: hibit here which contains 23 shades. been in demand for Automobles SPRINGFIELD, ILLS. — There are at present over 780,000 automo- biles and trucks Hoeensed in this state. This is a gain of 250,000 In the last year. POTATOES CHICAGO, April 11,—Potatoes steady; recelnts, 55 cars; total U. shipments, 866; Wisconsin sac! iced round whites, $1.30@1.60; bulk, $1.35@1.60; Minnesota and North 1 Debos sucked Red River Ohios, | $1.26@1.50; ungraded, $1.10@1.20 sacked round whites, $1.20@1.35 ontana sacked Russets, $2.25@ 2.60; Idaho sacked Russets, $2.70@ —<_—a——_ Tho sale of foreign newspapers and books has been forbidden at Serbian railway stations. Expert watch ao@ Br3 5 re 7 ing. Casper Jowelxy Oo, 0» ‘Torchlight Greybull -- Sunburst -.. Bonds | Allied Chemical & Dye -—--. bets American Can- American Car & ————————- 5 caren International Corp Locomotive -..--- Américan Smelting & Refg ox American Sugar -...--.... American T. and T, .-...... American Tobacco American Woolen -...--... Anaconda Copper —------—.. ‘Atahioon -..senkee ess Atl, Gulf and West Indies ~. Baldwin Locomotive -.._-.-- Baltimore and Ohio ex div. — Bethlehem Steel .-..—... California Petroleum -----.. Canadian. Pacific ----.--.. Central Leather ..-......... Cerro Ce Pasco Copper ....— Chandler Motors ....-...... Chesapeake and Ohio 1... Chicago and Northwestern -- Chicago, Mil. & St. Paul pfa — Chicago, R. I. and Pac, ~. Chile Famous Players Lasky General Asphalt ~. General Electric .. General Motors Great Northern ptd. ——. aed Gulf States Steel ---... Tiiinols Central 2... Inspiration Copper -~. International Harvester -... Int. Mer. Marine pfd. ...—-. International Paper -. Invincible Oi! ~~ Kelly Springfield Tire — —. Kennecett Copper ---.....- Lima Locomotive ----.. Louisville and Nashville -. Meck Truck ~.-.-----.—... Marland Ol --.. Maxwell “Motors ----____. Middle States Ofl ~...... Missourt, Kan. & Tex, new Missouri Pacific pfa. New York Central -—. N. Y,, N. H., and Hartford Norfolk and Western Northern Pacifio Pacific Olt Pennsylvania) oo People’s Gas ~~~... Republic Iron and Steel Sears Roebuck -. Sinclair Can Oil ----. Southern Pacific -. Standard Ol! of N. J. Studebaker Corporation ~... Texas Co, 2--~--s-.------.-. Tobacco Products A —-__.__. Transcontinental Oil -.... Union Pacific -.. U. 8. Ind. Alcohol United States Rubber United States Steel -. Utah Copper Weetinghouse Electric _. — Willys Overland - x. American Zinc, Lead an Butte and Superior -.. Colorado Fuel and Iron Montana Power -. National Lead Continental .....-. Cumberland -~..-~.-. Galeng: -.-~-- BT Illinois +-------------~ 137 Indiana Nat, Tran. -.....-—-- N. ¥. Tran, -—----.--- Ohio Oll -.-.-...--—-. Prairie Oi} Prairie Pipe Solar Ref. .. CRUDE MARKET Elk Basin ~..--.. Big Muddy Mule Creek Notches Pilot Butte Lander CHICAGO, April 11.—Butter high- er; creamery extras 870; ; extra firsts 36@36%c; firste 25@35%e; weconds 34034 Ko 5,394 cases firsts 2 ok extram 24@24 4c} Eggs higher; receipts ordinary firsts 23% SILVER NEW YORK. April.11.—Bar sil- yer 64c; Mexican dollars 484ac. Ps New York Stocks: Last Sale andart, Big Indian --. .06 08 Blacksotne 8S, C, ~~ .30 33 Boston Wyo. -—-- 100 1.12 Buck Creel = AB 20 Burke Ol] ----—--. .27 29 Chappell = «16 18 Columbine 14 15 Cons. Roy. 1.27 1.29 B. T. Williams - B14 53 Gates 24-10 2 Kinney Coastal -- 13 +15 Lance Creek --..-. .01 +02 Mtn, and Gulf. --.. 1.43 Red Bank ---~----. 18.00 Yoy. Producers ~... 07% Sunset -----------. 04% 05. West. Explora -...- 3.60 3.80 West. States -..... .20 22 Y Of and Gas — M. S. Phone ---..--105, 00 106.00 Cement Secufities 156.00 158.00 Amal Sugar Com. — 5.00 6.12 Holly Sugar Com, -_ 38.50 34.50 Holty .Bugar Pref. .. 88.00 89.00 Utah Idaho Sugar .. 38.70 3.80 pesiBatinsiee SoS ha NEW YORK CURB CLOSING Bid Asked Mtn, Prods. 2...-.--= 17.87 15.00 Gienrock Ot\ ie 9 80.440 Salt Creek Prod. ..-. 22.87 23.00 It Creel Con. 8.00 8.50 few York Oil 11.00 Mutual .... 1.12 Red Bank -. 18.00 8. O. Ind. 60.00 LIVESTOCK Chicago Prices CHICAGO, April 11.—(U. 8. De: partment of <Agriculture}—Hogs— Receipts 25.000; slow, 5 to 10¢ high- er} big packers talking steady; bulk good and cheice 160 to 350 pound averages 0@$7.80; top $7.6 bulk desirable 140 to 150 pound aver ages §7.10@$7.35; packing sows steady to strong; bulk $6.85@$7.00; killing pigs uneven; spots strong to 25 higher; bulk good and choice Strongweight $6.25@$6.65; heavy weight hogs §7.30@$7.60; medium $7.35@$7.00; ight $7.05@$7.60; light light $6.15@$7.50; packing sows smooth $6.90@$7.00; king sows rough $6.70@$6.90; shter pigs $5.00@ $6.75. Cattle —Receipts 4,000; general trade uneven; about steady with Thursday's average market on bet ter grade most killing classes; lower srades light welght steers and com- mon and medium yearlings weak: spots lower; killing quality generally plain; bulk fed steers and yearlings $8.50@$10.00; best matured steers $11.35; few loads $10,75@$11 plain ight steers downward to $8. common yearlings $7.50 and below; about elght loads Canadian barely fed steers $8.25@$9.75; mostly $8.75 @$9.25; average weights around 1, 050 pounds; bulk veal calves $9.00@ $10.00 according to weight and qual ity; few choice handy weight up. ward to $11.00 and above; stockers and feeders slow. Sheep—Recelpts $11,000; extreme- ly low; practically no early sales fat lambs; few early bids lower; odd lots fat sheep steady; good to choice fat ewes $12.25. Omaha Quotations OMAHA, Neb., April 11.—(U Department of Agriculture)—Hogs— Receipts 8,500; slow, steady to wulke 210 to 300 pound butch ; top $7.05; good 160 welghts common and medium lights on down } packing sows mostly $6.40 @$6.50; fully 10c higher; average cost yesterday $6.88; weight 249. Cattle—Receipts 1,600; most kill- ing classes generally steady; hardly sufficient beef steers or yearlings here to test market conditions; few loads $8.00@$9.50; top steers $9.75; bulk butcher cows and heifers $5.50 @$6.75; canners and cutters $2.50@ $4.25; bologna bulls $4,25@$4.60; few on beef order $4.50; bulk feeders to packers $9.50@$10.50; few choice of- ferings $10.50; stockers and feeders nominally steady. Sheep—Receipts 8,000; fat lamba moderately active early; closing slow weak; early sales wooled lamba $16.50@$16.60; top $16.65; clipped lambs $14.50; small lot 67 pounds spring lambs $19.00; sheep scarce: shearing lambs strong to 25e higher; top loads 50 pound average $16.00; one load cholce 88 pounds average $16.40, Denver Prices, DENVER, Colo., April 11,.—(U. 8. Department of Agriculture.}—Hogs —Recelpts 700; strong to 100 higher; 00d and choice medium weights $7; medium grades down to £6.75: few Hight lights $6; packing sows ateady, $5. Pigs scarce, Cattlo—Recelpts 100; calves none; steady, three loads 650 to 724 pound heifers $8.15! good kind $7. fair. ly good vealers $10; medium 1,026 pound steers $8.25; practically noth. ing else on sale, Sheep—Recoipts 800; fat lambs steady to wenk; top $15.60 Mat; for choice 84 pound welghts; fow loads eraging 88 pounds $15.35 to $15.45 and few 60-pound spring lambs at $14.50, SUGAR NEW YORK, April 11, — In re- fined demand continued light and prices were unchanged at $8.20 to $5.40 for. fine granulated. Refined futures were nominal Sugar futures cloned weak; ap proximate sales 40,000 tor May $4.56; July $4.71; September $4.69; December $4.26. COTTON NEW YORK, Apri) 11.—Cotton, spot quiet; middling $31.35, STRENGTH IN IGORN HIGHER, STOCKS SHOWN’ WHEAT SLUMPS Rallying Tendencies velop in New York NEW YORK, Apri! 11.—For the first time this week the stock mar-| tivity and strength corn. took the ket develgped rallying tendencies | leadership of the grain market today due largely to short covering opera-| during the early dealings. Damp tions in the standard industrials. Fresh weakness cropped out during | ing of corn, and also gave firmness the morning in the motors, most of] to oa which established new lows. Sales | ever, approximated 950,000 shares. the cpening of toda: Truck but changed to %@%c lower, May cropped out fn a number | % to $1.01% @$1.02 and July $1.93% new] to $1,03%, the market underwent a low records were made by Maxwell | slight general sag and then scored a Allis | trifle advance in some cases, Tobacco American ‘Tobacco ferred, General Asphalt, minor shares. National | temporary stimulating effect Lead, American Metals and Domo} offerings increased on the bulges in Mines, the losses ranging from fr South Porto} ‘The cleso was unsettle, He to Yo each| net lower, May $1.01% and Ju and Woolworth dropping two points and Corn Prod- red one each, American Smelt- Norfolk and Western and Gen: lectric each moved up a point Provisions were steadied by an up Foreign exchanges opened | turn in hog values. slightly lower. Short covering operations had a steadying influence on prices of the Standard Shares, although weakness persisted in the motor group. art Warner and Stromberg were ad ded to the list of new lows. gave a better account of themselves than the industrials. Texas and Mexico moving Norfolk and western 1% and West- s named touching 19, a new 1924 high. Among the score or more of industrials to points higher were Mar- . Industrial Alco- . Davison Chemical, Huston Oil, Gulf States Steel South Porto Rican sugar extended its loss to 4% points. opened at 4% per cent. Is Many of the stocks which had been | BELLTE steadily supported during the fore- | May noon fell when the bear element |J"!¥ aunched another attack. The steel group was the target for the sell- ing which later engulfed other rep- resentative shares, Baldwin sold at} No. 1 hard, $1.06%; No. 2 , Studebaker at 87% and Gulf 66. All ‘told some fifty Stew- Rails New Orleans, ine preferred, U. Coca Cola Call money held] Oats— ance caused a later general cover. The closing was irregular.’ Trad Ing was livelier in with extensive covering taking place] La: in the pivotal industrials, which sold a point or more above y's final figur Liellstrta> Hee {WOOD DENIES most. of} 1 MANILA, April 11.—(By The As- sociated Press.)}—Reports emanating from the United States that he con- resigning were emphatically by Governor General Leonard Wood today. nse, I've given no thought he said in a statement, here for the purpose of carrying out the policy of the home governme: E-stand squarely behind the policy denied his letter of March 5, President Cool idge on March opinion the time was not ripe for separation of the Philippines from the United States. oi ened CU Cea REGULAR ANNUAL MEETING Notice is hereby given that the annual meeting of the stockholders of the Holmes Hardware Co., wi e i of the company, 145 Hast Second Street, yoming, at 8 o'clock m., on Tuesday, 2 for the election of a Board of Di- serve for the year and for the transaction such other bi larly come be eS As, may ore the meeting, BIDS ASKED FOR SALE OF TEAPOT CASINGHEAD GAS Under and by virtue of an order of the Federal Court i the Receivers of Naval (Teapot Dome) will receive benled bids up to and in- eluding April 26, i gas from the wells on All bids submitted must contain a provision for say- ing the residuum gas and return ing it to the lease the property addressed to or E, Mullen, Hynds Bidg., the Reserve. Who reserves the right to reject any or all bids. W. E. Attorney for R Pub. April 11, 12, 14 17, 18, 19, 20, 21, Grain Closing Unsettled After Day of Irregular Trend CHICAGO, April 11.—Both in ac- cold weather led to considerable buy- Demand for wheat, how- lacked volume. Corn opening prices, which varied from unchang- ed figures to %o higher, with May NEW YORK, April 11—Conflict-/ 76% to 7740, were followed by a ing price movements took place at| moderate upturn all around. stock mar-| Despite prospects of good sized et, a renewal of selling in some| decrease in the visible supply total parts of the Ust being offset by|on Monda: short covering in others. something of a decline Motors | took place in the Inst hale hour a& were again heavy, Willys Overland | a result of profit taking on the part preferred, Moon and establishing new 1924 lows as did] settled at 2 Cuba Cane Sugar preferred. continued firm. Good buying support was pro- vided for the standard which displayed of early buyers. The close was un- ic,net lower to %c ad- Olls| vance, May T7c, In wheat the May delivery held up a ltile better at times than the do fstred months, After opening un- $1.01 Subsequently reports that Italy was in-the market for wheat had a but price, and brought about @ setback, $1.03% @1.03%, Oats started unchanged to %{o up, May 46% to 46%4c, later, the gain be- came general. Open High Low Close WHEAT: May 1.01% 1.02% 1.01% 1.01% July % 104% 1.03 1.08% 4% 1.05% 1.04 1.04% 10.15 10.10. 10.10 10.47 10.45 10.45 Cash Grains and Provisions. CHICAGO, April 11.—Wheat— 2 hard. Corn—No. 3 mixel, 77@7 2 yellow, 79 \%e; No. white, 49@50c; No. 3 white, 47@48\c. Rye—No sales, Barley—59 @ 86c. Timothy seed—$5.00@7.60. Clover seed—$16.50@22.50, 1—$1 $10.00. NOTICE OF INCORPORATION There was filed in the office of the Secretary of State, Che: Wyoming, April 7, 1924, the enne, , 1924, Articles of Incorporation of -Ed- gerton Public Utilities Company. The objects and purposes of this corporation, for profit, are as follows: To drill for, produce, manufac- ture, construct and lay pipe lines, conduits or other means of con- veyance, to buy, sell and distri- bute natural or manufactured gas or electricity, through meters or otherwise, for light, heat, or pow- er, -in retail or wholesale quanti tie To locate, drill for and acquire water rights, produce, buy, distill or purify, use or sell water for any lawful purpose The locating, buying, selling, leasing and hiring of real or per sonal property in the State of Wyoming and elsewhere, inciden- tal to the uses and purposes of this corporation; The holding and selling of the stock of other and_ subsidiary corporations whose objects con- tribute to the general and inci- dental purposes of this corpora- tion; To borrow money and to pledge the credit and the property of this corporation therefore; To do each and everything nec essary, equitable or proper for the omplishment of any of the ob jects and purposes herein enum- erated or which shall at any time appear conducive or expedient for the protection of this corporation. Capital stock $60,000.00 divid value of $1.00 each, Term of existence 50 years, There is a board of three direc- tors and the names of those who are to manage the affairs of the corporation for the first year are Michael F. Kieffer, John Gerhardt and Christopher C, McNulty. The place where the operations of this corporation shall be car- ried on is in the townsite of Edger- ton, as the same appears of rec- ord in the office of the County Clerk and Recorder of the County I tate of Wyoming, or cipal office of this cor. on is in the town of Midwest, Natrona County, Wyoming and the agent in charge thereof is John Gerhardt, wh postoffice ress is P. O, Box 62, Midwest, Vyoming, G, H, MAD Attorney ed into 60,000 shares of the par|, Becklinger Bldg, Casper, Wyo. Pub, April 11, 12, 18, 1924, PAGE ELEVEN. FOREI Czechoslovak, Rep. &o ctfs. -—.. Dominion of Canada, 5s, 1952 ~ French Repub! Japanese 4s Kingdom of Reig! Soap Kingdom of Norway, 6s _ State of Queensland, 68 — U.K. of GB. &L, 51m, 37 a x Railway and Miscellaneous American Smelting 68 92% 92% Amerioan Sugar 6s — = 10% 100% American Tel., col tr., 3a - - 98% 98 Anaconda Copper, 7s, 1938 —- O8%% 97% Anaconda Copper, 6s, 19 06% 96% At. T. and San Fe., gen. - 8% 81% Baltimore and Ohio’ cv. 83% 88 444) Bethlehem Steel con.. Series A .. ce: “anadian Pacific del 48 o.-. Chicago, Mil., and St. Paul cy., 44 Chile Copper, 6s ~...... Goodyear Tire 8s, 1941 Great Northern Ta A Northern Pacific ref. Northwestern Bell Tel., 7s - Pacific Gas and Electric ba Penn. R. R. Gen., 68 clair Con Ot! col, 7s Southern Pacific cv Union Pacific U. S. Rubber and Light $s Western Union 6%s - Westinghous Wilson ‘anc CRUCIAL PERIOD IN tilpad dada dade WOOL TRADE NEAR Dealers Receive Little Encouragement From Manufacturers as Shearing of New Clip Begins in Southwest. BOSTON, April 11.—The Commer-]New England: % blood S8@54e; clal Bulletin will say tomorrow: % blood F4@55c; % blood 52@58e. “The wool trage has reached a Scoured basis. Texas fine fine 8 months critical juncture in the year's opet| months $1.30@$1.3 ations with shearing commencing in| $1.15@$1.20. @ general way through the central California, Northern $1.20@$1.38; middle county $1.16@$1.20; southern Rocky Mountain districts and) the southwest. The manufacturers are giving the dealers little encour- agement to buy the though a few of them are buying wool in a moderate way. wherever uttractive prices are named. The et, however, continues $1.05 @$1.10. 0; Valley number 1, goods | mal ape Territory! Montana fine staple 5@$1.37; half blood comb- % blood combing blood combing 98 ‘In the foreign markets there {s| choice $1 excitement but prices keep gen-|ing $1.25@$1. S$@$112; ic. les erally firm, except in some substi-| $1 tutes which have receded from the high point. “Mohair is in demand in some] A supers $1.10@$1.15. quarters at firm prices, although in! yohair: Best combing Tho@See; other quarters there is very little| pest carding 65@70c, uest.'* The Commercial Bulletin will pub lish the following wool quotations tomorrow METALS “Dome stia: Ohio and Fennsyl- es: Delaine unwashed blood combing 56@5ie quarter blood combing 58@54e; fine unwashed 49@5 Michigan and New York Fleeces:| futures $48.2 DeLaine unwashed 54@55c; fine un-| Iron stead: hed 48@49c; half blood unwashed Lead easy @55e; % blood un Zinc ean: % blood unwashed 53@54e. futures $6.15@$6.20. Wisconsin, Missourl and average Antimony spot $9.90, Market Gossip and Briefs On Operations in Oil Fields Heavy Turnover Explained futures 13% @13%. spot $8.25@$8.50. American Can, while due in part to} tries, colonies and tslanda, professional trading, 1s said represent the consider ling” based on the reported de on of the management to aban-| than 170,000 tons over n extra dividends until next De-| year, cember, With the price of the stock lar on dividend ru Has Sidetracked Casing. extra disbursements has| casing has been en more of a market or than actual business conditions. of = aker New Strike in Louisiana, \ greene ALEXANDRIA, La., April 11— Sunset After Leases, Indications are that other new] The Sunset Oil company, gas or oll fleld has been opened at| ming corporation, is actively successfully Urinia, 40 miles north of here,| tiating for leases in the vic where a big well was brought] the Wellington in the first of the week. Oi! men| Colorado. The © ranch # ure flocking to the district. land belonging to Mabel Wad ~ - have been tled up by the Marine Olt Operations. which is said to be contemp ion 6-39-78 verine Cr-g;] starting Its first well on » rig collar has been -completec. tion %39-78—Wolverine DS-38; —- ran 68 feet of 6%-Inch casing; un Eagle Nest Okehed derreaming and cleaning out, Geologists have wted fay 1 and 3;]0n the Eagle's Ne ction 17-89-7$—Mar at th wells belng sv Section. 20-39-78 aylor 6; rig has been completed | Denver, one of the members of the and tools being moved tr Lost Creek dicate which already At Sheldon Dome the Marine O11 | 4% secured 0 acres In lenagg. company js abandoning its second ee test well and pulling casing. All Checking Niwot Leases. Sinclair oh tho 6% and 8%-inch casing ha ong with about with canes A eas they have been negotiating f ‘ time. Wheatland Flats Acreage. 3 isi A. ¥*, Schofield, who is in Ph GTS 4 ie iegety . w Ranning Casing. 1a intere ia UP acreage on The farmers of the world bought | old Hug from the United States last more than $50,000,000 worth of cultural machinery and imp! D008 Product will y the largest volume on record, it be encountered at around estimated by the National City Bar feet. barrels eCAUsE ° lip, al-] Oregon: Eastern number 1 staple, ae Wo buying ($185: fine and fine medium comb. $1.20; eastern clothing Pulled: Delaine $1.35; A A $1.35; half blood combing 56@ NEW YORK, April 11.—Copper electrolytic, spot and nearby Tin weak; spot and nearby $49.00; prices unchanged. fast St. Louls spot and ot New York. The Cistribution went The recent heavy turnover in] to more than 100 different coun- > to} Tho beet sugar crop of the United ble “inside| States in 1923-1924 is estimated at 97 tons, an increase of more the previous the policy of the company re-| Three hundred feet of ten-inch tracked by the Union Oil company {fornia in its well on the Whit. place near Fort Collins, Calo, nity of in northern the Piatte river east of Greeley, 5; drill. | Colo., and @ tent is pr od for ing at depth of 1,570 feat. near future by Leo Champion A atring of ten-inch easing {= be ell which came in two