Casper Daily Tribune Newspaper, April 14, 1924, Page 7

MONDAY, APRIL 14, 1924. . cb Casper Daily Cribune PAGE SEVEN Geological Data and Oil In Laramie-Medicine Bow District Are Reviewed By ALBERT B. BARTLET INSTALLMENT NO 3. Foote Creek Anticline. ‘The highest point structurally on this anticline fs in the southeastern part of township 22, range 78, where there is a small exposure of rocks of the Morrison formation, the Clover- ly, Benton, and Niobrara encircling it. The crest ot the anticline runs 700 to 800 feet, was dry, and the @Muddy, Dakota and Lakota cargjed ‘water. Simpson Ridge. iF fs believed that this anticline will be-developed into a commercial field. “The Producers and Refin- ers corporation drilling on section 20 township 21 range 80, about 10 miles southeast of Hanna, in «the Southeasterly, aimost along the| /atter part of Ju encountered Union Pacifié raflroad into’ the| ll at a depth of 6656 fect, estimat- northeastern part of township 21,/ °1 originally at about 100 barrels but probably under 25 barrel: lower part of the sand being satur- ated with water. This sand is prob- ably the Shannon or a stray sand above the Shannon and the well is being drilled deeper to earry out the original intention of testing the Frontié: sands. It may ba posal ble to develop a small commercial production from the shallow sands, oe the possibilities are being test- ed. Tt fs @ long nartow structure along the west side of township 20 range 80, the surface rocks belonging to the Mesaverde formation, which in- dicates that the probable Producing formations will be fairly deep, the First Wall creek estimated at 4,200 feet. A si0-foot wall in Séo- tion 20 makes about 10 barrels per day. Deep tests are being drilled on sections 16, 17 and-20, by the Producers and Refiners corporation. Elk Mountain, The structure is about aix miles southwest of Simpson Ridge in the northern part of township 19, range 81, the structure being partially en- circled by the outcrop of the Mesa- werde formation, part of the Plerre shale ‘being eroded away, with the range 77. It has been tested by two wells -and found barren, all the sands being water-bearing. The South- western Petroleum company, drilling in. the NE of section 3-21-77, found the Wall Creek at 290 to 295 feet, the first Muddy at 1,195 to 1,440 feet and was abandoned in the Morrison at 1,578 feet. The United Western Grilled on the SH% SW of section 2-21-77 to a depth of 1,490 feet and encountered water in the first Mud- éy. It was on the south linib of the anticline. _ Medicine Bow Dome. ‘The crest of this structure {9 1o- cated in the southeastern part of township 21-79, where the rocks of the upper part of the Montana, (Mesaverde), are outcropping, indi- eating considerable depth to the Muddy and Dakota sands, which has delayed testing, although it is known to be a closed structure of considerable area. ‘The oll discov- ery in this structure, 10 miles south of Medicine Bow, was made by the Cliff Petroleum company and South- western Petroleum after drilling weveral other tests in the southern the part of the state. This discovery| Well creek at an approximate was made on July 17, 1923, at a| depth of 2,500 feet. It was tested depth of 4,033 fect, the initial flow| by the Kasoming Oil company, a being several hundred. barrels per day. The gravity of the oil is 39 degrees, The sand is 47 feet in thickness but only the top few feet ‘were of] bearing and water was en- countered. The operators are not certain whether this production js in} section 39-26-78, beginning in the the Muddy or Frontier sands, and| Benton formation, and drilling to a 9} depth of 580 feet, where water was encountered in.a sand believed to Other wells have been drilled near| to the Dakota. . Medicine Bow, one ebout two miles Conclusion. south of the town of Medicine Bow] We find that of the 25 structures, by the Mitchell Oll company, to a| sixteen have been found to be un- depth of about 2,200 feet, finding Productive, as follows: ‘Water In the Dakota. This was not Millbrook; Lake Hattle, Centen- depth of approximately 4,200 foot haying: been reached without obtain- ing production. Bothwell Structure, In 19{9 the Utah Off and Refin- ing company drilled onthe NW% of on a closed structure. .| Rial Valley, Sodergreen, James Como Ridge. Lake, Two! Rivers, Dome, This ts a long, broad atiticline| Foote Creek, McGill Anticline, Gil. plunging to the southwest, practical- ly all of the sedimentary rocks being exposed; a widening of the outcrop of the Chugwater formation occur- ring in the vicinity of the south east corner of township 23 range 77. It was drilled and an artesian flow of good water, estimated at 1,000 to 1,200 gallons per minute, was struck| Dome and Rex Lake, which will in the Tensleep at a depth of §00/ Probably be commercial producors, feat. though they are not fully tested as yet. Gas was found at Allen Lake tn 1923, but this has not been fully tested.. Big Hollow has some low ‘grade off and an attempt will be made to produce it. Further testa are now in progress. ‘The Rock River anticline will probabiy be tested deeper. The Of] Springy anticline {s not considered by some operators as sufficiently tested. It will be noted that the unpro- ductive structures are in most cases plunging anticlines open at one end so that no trap exisits for the ac- cumulation of of! or gas. In somo cases where the structures are closed, the dips are so slight that they did not continue with depth, or else were not sufficient to trap oll where water was circulating in the sands. In other cases the oll bearing formations have been eroded away. The showings of oll and gas in numerous tests indicate that wher- ever structures exist in which oll or gas can be properly trapped, these structures will prove produc tive, if the sands ean be reached by drill, ee lesple, Como Ridge, Flattop, out Hills, Bothwell. One structure, the Rock River, has been a big producer for a num- ber of years, and in three struc- tures oll was discovered in 1923: in Simpson Ridge, Medicine Bow Freeze- Shirley, Elk Mountain, - Allen Lake. Situated in the southern part of township 23 range 79, extending into 23-72, {it was drilled about six Years ago by the Cosden interests, and a gas flow estimated at 35,000 feet wns encountered tn the Muddy gand at 1,465 foot depth, deeper drilling showing water and the well ‘was abandoned. It was drilled again by L. R. Pattinson to a depth of about 600 feet on a government permit, July 1, 1923, the Laramie syndi- cate started drilling at Allen Lake, four miles northwest of Medicine Bow, and in October encountered fome gas at 1,403 feet; thé flow, however, is reported to have ceased. At 1,331 feet this well en countered a flow of 4,500 feet, and easing was cemented. The well is Bow shut down for the winter. Flattop Anticline, \ This is a large dome six miles due forth of the town of Medicine Bow. All of the earlier sedimentary rocks Are exposed, including the Tensleep, &nd no test of this structure is nec- essary, as all of the oil bearing formations are eroded away, Oil Springs Anticline, A very narrow faulted structure, in the northern part of township 23, range 79, about two miles and a half in length east and west, by lout 900 feat wide. Its nano tn derived from an old spring in @ 10- foot hole on ihs west en1 of the structure in the shale near coe ‘Val’ Creek sandstone. It was drilled In 3917 by .hs Ohfo Oll company, and gas founi in the Mowry, not over 1,000,000 cubic feet. It was drilled to a depth of 1,498 feet and Water was encountered in the Muddy mand. Some operators believe the Foreign Exchange NEW YORK, April 14.—Foretgn exchanges firm. Quotations in cent Great Britain, demand, 434%; eabl 434%; 60-day bills on banks( 432%. France, demand, 6,09; cables, 6.11. Italy, demand, 4.45%; cables, 4.46, Belgium, demand, 5.19; cables, 6.21. Germany, demand per _ trillion, Holland, 37.18. Norway, 13.75. Sweden, 26.39. Denmark, 16.50. Switzerland, 17.56%. Spain, 13.51. Greece, 1.80, Poland, .009012. Czacho Well may have struck the Muddy| Slovakia, 2.96%. Jugo Slavia, 1.24%. at a point off the axis of the struc-|Austrin, .0014%. Rumania, 52%. tare, as it Is very narrow and sharp,| Argentina, 35.25. Brasil, 11.30, and the depth to the Muddy sand| ‘Tokio, 41%. Montreal, 98, should be leas than 1,499, Freezeout Hills. Here, as on Fiattop, the forma tions are exposed to the Tensleep, the more recent ofl bearing forma tions having been removed by erd- sion, leaving no oll ponsibilities, The anticlines are mainly in townships POTATOES CHICAGO, April 14. — Potatoe: trading slow, market weak; receipt: 103 cars; total U. 8. shipments Sat, ry ' urday, 943; Sunday, 32, Wisconsin si yeh Anticline. sacked. round whites, $1.25q)1.45; This 1s in the northeastern part| bulk, $1.90@1.60; “Minnesota and of township 24, rspgo 81, having a| North Dakota sacked red river nearly north and south trend, plung-|Ohlos, $1.25@1.45; Idaho sacked ing to the south, and open at the | Russeta, north end. It has never b tout ed as there is little prospect for | accumulation of oll. | SILVER Shirley Anticline. This structure is in the southern Part of township 26 range 60 and YORK, April 14.—Bar \sil northeastern part of township 25-80, Mexican dollars 48%. tho axis having approximately a northwest and southesst strike, t NEW ver 64%; Class one railroads had 248,20% surplus freight cars ready for ser- vice at the end of March, an increase of 25,208 over the surpitis on March 22, the American Railway Associa- tion reports, | as it plunges to the northwest. It waa tested in 1032 by H. P. Hynds, to 4 depth of 1.910 feet. The Wall Creex, depth approximately Copper Sac aatenan, Atehiwon 21s cee Atl, Guif and West Indies .. Bethishem Steel... California Petroleum -_--_-- adian Chicago, and Northwestern — Chicago, Mil. & St. Paul pta. Chicago, R. I. and Pac, ---- Chile Copper .. Chino Copper ~..-....---.- 16% Ce dated Gas ........ 61 Gorn Products ._.....-__--_ 163% Cosden Oi} -.—____.. Crucible Steel -..--.... Cuba Cane Sugar, pfd. -. Erie Famous Players Lasky -. General Asphalt General Bilectric General Motors ............ 14 Great Northern pfd. -...... 56 Gulf States Steel wanmenn= 66% Illinois Central Inspiration Copper ~...-.. International Harvester Int. Mer. Marine pfd. International Paper Invincible Ol _— Kelly Springfield Tire Kennecott Copper — Lima Locdmotive ~........ 67% Loulsville and Néasliville Mack Truck - Marland Ol! ._.. 36 Maxwell Motors 10% Middle States Of - 4% Missourt Kan. and Tex new. 11 Missouri! Pacific pfa. — New York Central ~ N. ¥., N. HL, and Norfolk and Western —_ Northern Pacific Pennsylvania People’s Gas Producers and Refiners Pure Oil Reading Republic Iron and Steel —. Sears Roebuck -.. Sinclair Con. Oil ~. Southern Pacifico ~. Southern Rallway Standard Oll of N. J. 1. 36% Studebaker Corporation -... §215 Texas Co, ....... 41% Texas and Pacific -........ 274 Tobacco Products A... 84% ‘Transcontinental Of} ___ 4% Union Pacific Uv. S. Ind. Alcohol .. United States Rubber 28% United States Steel 95% Utah Copper - 66 Westinghouse Electric - 59% Willys Overland ... 8% American Zinc, Lead and Sm Butte and Superior —.. Colorado Fuel and Tron Montana Power — National Lead Shattuck Arizona Angio‘~ Buckeye -. Continental Cumberland Galena - s.cssscessccss 68 60 Diindis wemmeeneeene 128 152 Indiana 8% 94% Nat. Tran. 22 N. Y. Tran Bw Nor. Pipe 99 Ohio Oil 64 Prairie Olt .. 230 «232 Prairie Pipe a Solar Ref. Sou Pipe 8. 0. Kan 5. 0, Ky. 8. O, Neb. 8. 8. 0. Ohio Vacuum Ss. P. On 8. O. Ind. CRUDE MARKET Cat Creek ~——.--.--—.~ ~~. $1.95 Osage .. — Grass Creek ight Grass Creek, neavy Torchlight Greybull ~ Notches . Pilot Butte Lander NEW YORK, April ing the recent 14,—Reflect decline in raws, re fined stigar prices were easier and unchanged to 80 points lower, fine granulated now being quoted from $8.00 to $8.40; business, however, continud Nght Refined futures were nominal. [i Rae raraah-~" Circe Ta Bond issues oftertngs today inctud- ed $500,000 Bernalillo county, New Mexico, five percent gold bonds at 102.55 to yield 4.80 per cent, and $150,000 Natrona county, Wyoming, five per cent school bonds at par. : Stocks : Grain : Boston Buck Creek -—-...-. 20.28 Burke = .~-----. = 627 2 Blackstone Salt Creek .30 Chappell Calumbine ..-.-..-.-. Central Pipe Tine --~ 1.90 Consolidated Royalty ~ 1.27 Cow Gul [ny Domino ~.....--.--. Elkhorn ..--.-------- E. T. Williams ---. 52 PRES .08 Frakts" 6.00 Gates -_.. 2 Jupiter 00% .01 Kinney Coastal... 12% 13% Lance Creek Royalty .01 Marine +.-----------~. 3.00 3.50 Mike Henry -----.--. .00% .01 Mountain & Gulf _. 147 1.60 New York Ofl ~..-..10.75 Picardy -. Preston = -. Red Bank Sunset Tom Bell Western Exploration — Wyo-Kans ..2. Western States Y ou .. NEW YO! RK CURB Mountain Producers — 10.87 11.00 Glenrack Ofl ...---.. 82 40 Salt Croek Prés. ---- 23.12 23.25 Salt Creek Cons, 8.00 New York Ol! . Mutua! LIVESTOCK CHICAGO, April 14.—Hogs—Re- ceipts 56.000; steady to strong; most- ly steady; big packers talking 10c lower; bulk geod and choice 160 to 325 pound averages $7.45@7.60; top $7.65; better grades 140 to 150 pound averages. largely $7@7.40; bulk packing sows $6.85@7; killing pi steady; bulk desirable atrang weight $6.25@6.65; heavy weight hogs $7.35 @7.65; medium $7.40@7.65; light 7.05 @7.65; ight light $67.50; pack- ing sows smooth $6.85@7; packing sows rought $6.65@--. slaughter pigs $5@6.75. Cattlo—Receipts 22,000; beef steers slow; uneven; choice weighty kind steady; others weak to 25c lower; early top matured steers $12.35; $12.50 bid on highly finished Ne- braska fed offerings; several loads weighty steers $11.75@12.25; bulk fat steers of quality and condition to sell at $8.50 to $11; kifling qual- ity general improved; proportion welghty steers more liberal; fat she stock weak to 15c lower: spots more; bulls steady; vealers leas desirable killing quality considered weak to 50c lower; bulk desirable vealers to packers around $9; light kind down- ward to $8 and below; stockers and feeders scarce; about steady. Sheep—Receipts 16,000; very slow; practically no early business; most bids on fat lambs, 250 to 50e lower; few edd lots fat wooled ewes $12; weak to 25c lower. OMAHA, Neb., April 14.—Hogs Receipts 10,500; slow; generally steady; bulk 210 to 300 pound butch- ers $6.90@$7.05; top $7.15; good 160 to 210 pound® $6.75@$6.95; bulk packing sows $6.40@$6.50; average cost Saturday $6.93; weight 251. Cattle—Receipts 10,»00; beef steers eligible to sell about $10.50 steady; others and yearlings dill, 10@16¢ lower; top steers $11.30; bulk steers $9,50@ $10.50; yearlings $7.85@$9.25; cows and heifers suitable for ship- ping purposes fully steady; others 10 @15c lower; canners and cutters and bulls steady; venlera steady, 25 @50c lower; stockera and feeders steady; bulk butchers and heifers $5.50@$8.00; canners and cutters 2.50@ $4.25; practical veal top $10.50 bologna bulls $4.50@$84.60; bulk stockers and feeders $6,50@$7.75. Sheep—Recetpt# 14,000; fat Iambs slow; ohe load wooled lambs $16.10, ground 250 lower; bidding mostly 25@50c lower; sheep scarce, steady; all lots clipped ewes $10.00@$10.50; shearing lambs moderately active, steady; early sales $16.00@$16.25. DENVER, Colo, April 14—Hogs —Receipta 2,000; mostly 10c to 15¢ higher; top $7.20 paid for choice 242 pound averages; desirable 180 to 230 pound averages mostly $7 to $7.15; few plainer loads $6.70 to $6.80; few weighty pign and light lights $6; steady to strong; $5.75 to $6. Cattle —Reveipta 1,000; calves 100; active, all classes fully steady better grades steady to strong; mixed cows and heifers $7; desirable cows $6.25 to $6.65; desirable grades heifers $7.50 to $8.10; choice medium weight stoers $10.50; freight paid; others $8.25 to $8.35; best vealers $11 to $11.50; bulls $4 to $4.25, Sheep receipts 3,800; fat lambs 10¢ to lbe lower; top $16.86 freight paid; for 82 pound averages; several londs $15.30 Mit; no sheep or spring labs sold early. —$— Merchandise Imports WASHINGTON, April 14.—The total value of merchandise imports for March was $419,000,000 and the value of exports for the same per- fod was $841,000,000. Merchandine imports for the nine months ending March 31, were valued at $2,651, 91,980. and exports at $3,32: 974 Gold exports for March totaled $817,374 againat importa of $34,822,- 375. Exports of aflver for March to- taled $8,355,278 against imports of $6,220,934. oe Casper Monument Works 608 South Conwell Phone 254 BEAR ATTACKS BREAK STOCKS Steel, Motor and Equipment Shares Feel Brunt of Selling Attack NEW YORK, April 14. — Stock prices crumbled sharply today in response to aggressive bear attacks which were particularly effective in the steel, equipment, motor and su- gar shares. Unfavorable trade re- ports continued to be the basis for the selling, the market apparently paying no attention to favorable for- eign developments. Sales approxi- mated 950,009 shares. Narrow and irregular price move- ments characterized the opening of tocay’s stock market but the main price tendency was still downward. American Agricultural Chemical preferred dropped 14% and Baldwin, Chandler, Gulf States Steel and Sin- clair yielded fractionally. Studebak- er advanced a point. Heavy selling of the motor shares, based on reports of reduced produc- tion and sales, again unsettled the list. More than a score of ismes sold down to new low prices for the year, incliding Baldwin, Studebnk- er (new stock), Chandler, Stewart- Warner, Lima Locomotive, Amert- can Expres, Cuba Cane preferred, Cuban Deminican Sugar and Gen- eral Asphalt, the net losses rang. ing from fractions io nearly two points. There were a few strong Spots, Woolworth climbing three points and United Drug and Ameri- ean Sugar refining one each, For- eign exchanges opened steady. Acute weakness developed in sey- eral sections of the lst, particularly among the sugar; motor and equip- ment stocks, Oil shares, which had been offering good resistance to se!l- ing pressure, also yielded sharply for the firmt time, Tidewater Oil breaking nearly six points. Pacific, Cosden and Houston ragging two to three points, and California Petrol- eum and Producers and Refiners slipping more than a point each to new low records for the vear. Bald- win extended its loss to $% polnts, touching $1.10, and addftional new lows were established by American Locomotive, Willys Overland pre- ferred, Gulf States Stee), Baltimore and Ohio, Coca Cola and several others. A sudden outburst of buy- ing in Woolworth sent the old stock up 21 points to $18, the new stock advancing 5% to 80%, a new top. Marine proferred climbed 2%. Call money opened at 4% per cent. Speculation became more of a two sided affair in the early afternoon when the speculations. were given a whirl upward, Marine preferred rising 3 points and the shorts began covering in United States Steel, American and Baldwin, Persistent selling, however, continued of other stocks, General Asphalt dropping to 33%, Chandier to 42°. American Sugar to 33% and Bethlehem Steel to 47%. Their weakness, ultimately pulled down the stocks which had shown a. tendency to rally. The closing was weak. Further uneettlement took place in the late dealings when Wilson company is- sues broke to new lows in sympathy with the weakness of the bonds and Studebaker established a new mini mum price, LIBERTY BONDS NEW YORK, April 14.—Liberty bonds closed: 3%, 99.3. First 4%s, 99.26, Second 4%, 99.24. Third 4%, 100.5. Fourth 4%, 99.20, U. 8. government 4%s, 100.29. MONEY NEW YORK, April 14. — Call money steady; high, 414; low 4%: ruling rate 4 ; closing bid 4%; of- fered at 4%; last loan 4%; call Joans against acceptances 4; time loans steady; mixed collateral, 60-90 days 4%; 4-6 months 44%@4%; prime comméreial paper 4144 @4\%. a COTTON NEW YORK, April 14, — Cotton, spot, quiet; middling, 30.40, METAL: NEW YORK, April 14.—Copper, steady; spot and futures 13%. ° Tin, steady; spot and nearby, 49.00; futures, 48.50 Iron, steady; number 1 Northern, $22.00@23.00; number 2 Northern, $21.00@22.00; number 2 Southern, $22.50@23.00, Lead, onsy; East St. and futures, $6,106.15, »Antimony, spot, $9.90. Louls spot House Flies ‘Are Shipped to Hub For Experiments BOSTON, April 14.—None the WHEAT MARKETS BREAK SLIGHTLY Speculative Demand Lack- ing and Temporary Gains Are Overcome CHICAGO, April 14.—Wheat pric- es drifted downward today after scoring temporary gains. Specula- tive demand was lacking. The close was easy, at the same as Saturday's finish to %c lower; May $1.05% to $1.05%@% and July” $1031 to $1.03%. Owing chiefly to firmness of Ltv- erpool quotations wheat averaged @ little higher in price here today during the first part of the board of trade session. Besides, there were indications of some Buropean buy- ing in Canada. Favorable weather for seeding and growth of domestic wheat tended, however to promote selling whenever the market showed any material advance. Chicago op- ening prices which varied from un+ changed figures to%c higher, with May 1.02% to 1,02% and July $1.03% to 1.04, were followed by slight gains and then a little reaction. Scattered selling kept the corn market easy. No aggressive sup- port for values was in evidence. After opening a shade lower to ic advance, May 77% to 77%, the mar- ket underwent a moderate general setback. Oats held relatively firm in the absence of selling on the part of the principal holders. Prices started unchanged to %o higher, May 47% to 47% @%, and later continued to average slightly above Saturday's finish. Provisiona tended upward in line With the hog market. Subsequently, buyers were » and a good sized decrease of United States visible supply total was without effect on the market. Prospects of increased acreage of corn acted later as something of a weight on prices. The close was easy, %e to %@i4ec net lower, May TT*he. ‘Wheat number 1 hard°$1.07; num- ber 2 hard $1.05%@$1.07. Corn number 2 mixed 76% @77c; number 2 yellow 80c. Oats number 2 white 49% @50c; number 8 white 47% @49%. Rye number 1, 66%. Barley 60 @86e. Timothy seed $5.00@§7.60; clover seed $16.50@822.50. Lard $10.87. Ribs $10.00." Bellies $10.26. MINNEAPOLIS, Minn., April 14.— Wheat, cash, number 1 northern $1.11%@$1.15%; number 1 dark northern Spring choice to fancy $1.22%@$1.26%; good to choice $1.16%4@$1,.21%; ordinary to good $1.11%@$1.15%; May §$1.10%; July $1.12; September $1.11%. Gorn number 3 yellow 70% @T1%o Oats number 3 white 44% @45%c. Barley 58@75e. Rye number 2, 69% @60%o Flax aumber 1, $2.88%@$2.43%. VISIBLE GRAIN SUPPLY NEW YORK, April 14.—The visi- ble supply of American grain shows the following chang’ in bushels: Wheat, decreased—1,894,000, Corn, decreased—1,857,000. Oats, decreased—932,000. Rye, decreased—295,000, Barley, decreased—149,000, WHEAT— Open High Low Close May ---1.02% 1.02% 1.01% 1.01% July 1.04% 1.03% 1.03% Sep. .. i 1.04% 1.04% May “17 July 18% Sept. AT OATS— May 46% July ABN Sept. 40 LARD. May ..1100 11.00 10.95 10.97 July «-11.20 11.22 11.20 11.20 RIBS— May .. 9.87 9.92 9.87 9.92 July - — one, we A088 BELLIE! May -.10.25 10.20 10.25 10.80 July --10,60 10.65 10.60 10,65 pen Sa aa WYOMING OILS NEW YORK, April 14.—Prices of Wyoming otis at 2 p. m., today were Usted on the New York curb as fol lows: Standard Oil (Indiana), 59%; Moun- tain Producers, 1%; Mutual, 11; New York, 10% pene Butter and Eggs WwW YORK, — Butter eusy; receipts 7 " mery high er than extras 98% @39%o; cream: ery, extras (92 score) 38@38%0; creamery, firsts (88 to 91 score) 3615 @37%0c; packing stock, current make number 2, 27@27\o. Kegs firm; receipts 29,746; Fresh gathered, extra firsts regular pack od, 25@260; ditto storage packed 26% @27%0; ditto, firsts regular packed 26@24%0; itto, storage packed 25% @26e; ditto, seconds and poorer 2314 @23%0; nearby hennery whites, closely nelected extras 30 @370; nearby and nearby western whites, first to nverage henne whites, extras firsts worst for their 2,000 mile trip common house flies have arrived in Boston from Dallas, Texas. They will be used by a manufacturer in experiments with a fly catching de- vice. ei lee M. Delk and Jay Adler are here today attending to business affairs from Osage on business, to extra firsts CHICAGO, April 14,—Butter un chan Creamery extras 87; stan- Garde 37%c; extra firsta 36@36%; firsts 35@35%c; meconds 24@ 34% unchanged. 922% Eges receipts 40,655 canes; firm ordinary firsts 20% @ 21¢ ck extras 24@ 24%4c; storage pack firsts 23%c. All Markets Cxechoslovak, Rep. 80 ctfs. ... Dominion of Canada, 58, 1953 French Repub Ths -.. Japanese 4s _ Kingdom of Belgium, &@ . Kingdom of Norway, 6s Btate of Queensland, 65 .. . KK. of GB. AL, 5%s, 87 —. te Railway and Miscellaneous Anaconda Copper, 7s, 1938 Anaconda Copper, 6s, 1955 At. T. and San Fe., gen., Baltimore and Ohio cy., 4148 — Bethlehem Steel con., 6s Series Canadian Pacific deb., 48 - Chicago, Burlington and Quin Chicago, Mil.,/and St. Paul cv., Chile Copper, Goodyear Tire 8a, 1941 8 Great Northern 7s A 107% Northern Pacific ref., 10315 Northwestern Bell Tel, 7s 108 Pacific Gas and Electric 5s — 91% Penn. R. R. Gen,,' 58 100% Sinclair Con Oi! col. oy Southern Pacific cv 94% Union Pacific First 80% U. & Rubber 5a - 82 Utah Power and Light 8014 Western Union 6148 ~ 110%. 110% 210% Westinghouse Electric 07% a Wilson and Co., ev., 65 92% 92 02% Everyman’s Investment BY GEORGE T. HUGHES FOURTH ARTICLE She was selling $8,000 in gilt edgo |! had never gone into the bond bus goods store. He's a frequent typ> that sometimes make me wish that iness, During the war he had her believing that the government would eventually default its Liberty bonds. Woe had a hard ‘time making her hold her Liberties. “We work and worry to set up good bonds and then along comes some shady ‘proposition alded by a conscier “oun friend or relative, who knows nothing about investments; sound securities are turned down for fake stuff. That, Woman's hus- hand left her small cottage when he died about eight years ago. ‘The $10,000 she's going to throw away represents her savings of eight years—she hes a job—and interest bonds, and a pained junior partner In a bond house was writing a check for her. Then he politely bowed the woman out, wished her luck in her new venture, and beckoned me in. There goes $10,000 to the buz- zards,” the junior partner nighed. “Couldn't stop her. Shy fold $8,- 000 in bonds and with $2,000 adai tional in cash she is going to buy $10.000 worth, of stock in somo sort of an alleged new-fangiod building and lean scheme somewhere up- state. She put $2,000 into it a year ago. They paid her 14 per cent for her $2,000 for a year and then returned the $2,000. That hooked|0" bonds we've sold her. Away her. tt all goes. “It as useless to explain that it That incident happened about two years ago. I think the widow got back about $1,700 of the $10,000 she put into the get-rich-quick en- terprises, Several scores of others is virtually impossible for an in- vestment to earn that much with safety. If there was any roason- able assurance that 14 per cent could be paid, that gang wouldn't] Who couldn't afford to lose suffered have to go off Main Street to get|a@l*o. It was a very legal fallure. the money, much less come away}NO one went to jail for it But down here and do all that explaining |#omebody got the money. —and that good woman certainly] When any investor climbs the 5 demands a lot of explanation. I'va]to § per cent fence that borders the showed her repeatedly the dividend] plain, smooth road of safe invest- yields and interest returns of scores| ments, and goes into a briar patch of good securities in dependuble,|after 14 per cent he's goihg to get honest concerns, to prove that mon-| pretty well torn up. Everyman's ey has a very definite earning power.|and every woman's investments “But it was no use. She's fol-| should first of all always seek safe- lowing the advice of a brother-in-}ty, ‘The huge returns simply do law, a very corscientious and hon-| not return. orable man, who knows nothing of (Mr. Hughes’ fifth article will ap- investing, although he does man-| pear in the Tribune Wednesday af- age to make a living rurming a dry | ternoon.) STOCK EMBARGO AT DENVER OFF DENVE) Colo., April 14.—The embargo on outgoing shipments of livestock from the Denver Union Stock yards, which has been in ef- fect since Friday a week ago today E, Howe, government inspector in charge of the Denver offices of the bureau of animal husbandry as soor an the calves at the yards here come iil, Inability to immediately dingnose the disease led to the call for Dr. Cotton, who was in active charge of the campaign against the disease at the Chicago yards during the out- break there in 1914, The shipment of afflicted calves here was immedi- ately isolated from the others in the yards as soon as they became {ll and no one has been permitted to ente was lifted upon orders from tho thelr pens except the gov bureau of animal husbandry at] ernm veterinarians and ins) Washington. tors since the embargo was placed. The embargo was placed on out-| Tho disease which attacked the golng shipments of livestock when|*#hipment has been determined as a 76h calves, part of a shipment |#tomach disease prevalent among from Yew Mexico, developed | Alves. an illness that was suspected to RSA te ment be foot and mouth disease. 1 calves were isolated and a number of inocculation tests were made to officts termine the iiness. Dr. W. E. Cotton, assistant super. intendent of the experimental sta tion of the bureau of animal hus bandry at Bethseda, Md., arrived here Jast Tuesday and since that F ume has closely of the on a numb watched the illness He also conducted inoeculation to (Continued From Page One) When Lieutenant Wade made, his tests definitely gocee the disease i sharp turn those coming behind him finally determined, that the calves} naa closed up to the minimum in- did not have the foot and mouth dis: | terval, To protect himeaie Major oa The resultg.of the tests for | wartin also banked. , To.avold the . Washington, yesterday | two barriers thus suddenly placed together with recommendation that in th paths. ut all restrictions be jifted and author Smith, flying the c ity ¥ ny yaar this ra 4 Mideeat a Lieutenant Erik Nelson, in the New With the lifting of the em reo | Orleans, dipped and went. beneath toda, f small local pa ry rs WhO) Major Martin and Lieutenant Wade. maintain plants outside of the cor Smith and Neison from their low fines of the yards proper, again can | 9, position readily discerned the r ‘e thelr purchased stock from] ghore lin By adopting a steady the pens of the yards. Immediately | course they soon indicated to Lieu- upon the arrival last Tuesday of Dr. | tenant Wade tt t bearings had been Cotton, the embargo waa extended |found. ‘The leuder then went direct to prevent the removal of stock |iy forward and all fell inta an or from the pens of the yaris to the derly train again plants of the packers located out I do not yet see how Nelsen got nldo of the yards. The order did not | out after we turned In front of him’ affect the larger packing compan: | gaia Major Martin fea of the city, whose plants are to fliers wer ere in the alr 7 how cated within the area of the yards. minutes. They then pot 4: As a sult of the drastic order urs fueling and olling their the small packers withdrew from ea before they » ashore. the market last week leaving the| ‘This was to that they could depart ‘ & oxcluslvety to the large today unlesn weatt should’ nt om the tim the foot and m sent to Ca rnia immediate! tho outbreak there and as a here the eight m nothing but five m aplece. The filers attributed thelr triamph xp ion ate d milk tableta suth tho local offices were hampered in|oyer nature to perfe picformance making a speedy diagnosis of the by thelr motors. divease affecting th b head of ——_——__—_ calves held | here. muse oo the FLOUR rapidity with which the foot and] MINNEAPOLIS, Minn., April 16 mouth disease spreads drastic pr lour unchange mily patents cautions were ordered by Dr. W. $6.35@86. i bran $22.00,