Casper Daily Tribune Newspaper, May 8, 1924, Page 9

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: THURSDAY, MAY 8, 1924. CRUDE OIL OUTPUT _ SHOWS GAIN AGAIN * Oil :: Finance :: Bond average gross crude oll production of the United States increased 8,000 barrels for the week ending May 3, totalling 1,949,050 barrels, according to ithe weekly summary of the American Petroleum Institute. The daily average production east of the Rocky Mountains was 00,750, an increase of 6,300 barrels. preduction was 648,300 barrels, an increase of 1,700 barrels. Oklahoma showed a daily average roduction of 425,650 barrels, de- frease of 4,450; Kansas 69,350, de- crease 400; north Texas 77,500, in- crease 8,300; central Texas 197,100, decrease 1,750; north Louisiana Ata meeting held in Casper the board of directors of the Monarch- Salt Creek Oll company was reor- ganized by electing Max W. Ball, James Owen, R. G. Taylor, James R, Jones, and E. F. Randolph. The newly elected officers are President, Max W. Ball; Vice-Pre: dent, R. G. Taylor; Secretary-Treas- urer, E, F. Randolph; Assistant BUSINESS BRIEFS BUSINESS BRIEFS MARKET-. Pittsburgh, May 8.—Steel opera- tions in this district have again been reduced and are not now in excess of 75 percent of capacity,, About 30 percent of the blast furnaces in the district have suspended production. Demand for sheets, pipe and wire products is light-and not in keeping with the usual volume of business at this eeason of the year. This, however, is in part a reflection of the freedom with which jobbers and consumers replenished their stock earlier this spring. “There have. heen many cancellations of shipping or- ders and this accounts for the fact crease in Daily Pipeline Runs of 8,000 Barrels " Reported by Petroleum Institute; Imports Fall Off in Week. NEW YORK, May 8,—The daily California. Monarch-Salt Creek Oil Company Is Reorganized 52,800, decrease 450; Arkansas 147,- increase 500; Wyoming and Mon- tana 126,250, decrease 4,250. Daily average imports of petro- leum .at principal ports for the montH of April were 271,300 barrels, compared with 229,871 for March. and for the week ended May 289,143 barrels, cormpared with 22 ‘714 for the previous week. Daily average receipts of California of] at Atlantic and gulf coast ports for the month of April were 144,100 barrels, compared with 147,194 for March, and for the week ended May 3, 128,714, compared with 109,143 for the previous week. Treasurer, W. O, Merryweather; As- sistant Secretary, M. V. Schiffer, ‘The operating office has been moved from the Townsend Building to 416 Consolidated Royalty Building, Casper, Wyoming, with J, C. Lind- say in charge of the operation. The executive office fs now at 1104 First National Bank Building, Denver, Colorado, where all stock transfers will be made. . that sheet mills are operating at only 50 to 60 ‘percent of capacity operation for a month and a half and booked additional business in April. Pig iron continues quiet with Bessemer at. $22.50 a ton, basic at $21 and foundry at $21.50 valley with $41.76 additional freight to Pitts. burgh. FT. WORTH, May’ 8.—-Demands of farmers for funds to purchase seed and fertilizers and to carry on ordinary agricultural operations have shown.a decided increase in the last according to bankers from various sections of the state. Sugar Situation of the Future By.J. C. ROYLE. (Copyright, 1924, Casper Tribune.) NEW YORK, May 8.—Manufao- turers of carbonated beverages— soda water, in other words—are cele- brating today the one hundredth anniversary of the starting of the industry in this country. They are far more cheerful, however, over the present low prices of sugar than over the fact that the industry is a hundred years old. So are the man- ufacturers of bottles, bottling sup- plies and soda fountain equipment. With Cuban raw sugars down to about 4% cents a pound, cost, insur- ance and freight, and with refined granulated well under 8 cents, the majority of the makers of soft drinks and confectionery in this country already have laid in heavy supplies of cheap sugar, which com- modity plays a heavy part in their munufacturing costs. Interests in this country in close touch with the Cuban political situa~ tion declare the unrest now evident thero is not serious. Even should it proceed far enough to interfere with raw sugar production and shipment, the result they declare, would not be serious to American consumers because of the larger production in Cuba this year and the steadying influence of the big beet sugar out- put within this country. Even those factors in the sugar trade who declare the available sup- Piles have been mated, admit there will be sufficient for American consumptive needs. So far, about one third of the Cuban centrals or cane mills have com- pleted grinding. Their output has been heavier than expected. The Uncertain, Claim entire Cuban crop for 1923-24 is estimated at above 3,800,000 tons. Deducting amounts already sent to the United States and other coun- tries, the consumption in Cuba itself and the estimated requirements of other countries for the remainder of the year, there remains, according to some authorities, 1,716,000 tons of Cuban sugar which is available for this country up to January 1, 1925. The amount which will be avatl- able from the Louisiana cane crop, the beet sugar factories, Porto Rico, Hawaif, «the Philippines and the Virgin islands is placed at 1,899,000 tons. The net requirements of tae country are estimated at 3,641,000 tons, but the difference between re- quirements and supplies from the sources mentioned is expected to be wiped out by the unknown quantity of sugar in refiners hands and the imports of full duty sugars. Both tho requirenents and the supplies for the ‘remainder of the year are estimated. Consumption is subject to violent changes as the re- finers found out last year when tho prices of granulated shot skyward. Production is governed to some ex- tent by weather conditions and it also is subject to revision, How- ever, the canning trade is making Preparations for an active season and the demand for fruit Jars and other glass and tin receptacles indi- cates the housewives will preserve large quantities of fruits and vege- tables’ this summer. With these facts in mind, some of the larger Cuban producers art making no effort to crowd their raws on the market at this time and are willing to wait in the hope of somewhat higher price le Market Gossip and Briefs On Operations in Oil Fields Steel Output ‘The output of steel ingots in the United States In April is calculated at 3,386,266 tons by the American Iron and Steel Institute compared with 4,187,042 {n March and 3,003,- 786 in April, 1923. Measured in pre-war gold dollars, the national income in 1923 of the nations actively engaged in the great war was $81,700,000,000, ao- cording to the Bankers’ Trust Com- pany: of New York. This compares with an estimated pre-war national income for the same nations of $93,060,000,000. a Woods Filling Station, car wash- ing and greasing. Phone 1020W Kast Yellowstone Highway and A. ———————— Tribyne wantada bring regults. Marine Oil Operations, On section 5-59-78 in the Galt Creek field, operated by the Marine for the Wolverine Oll company, the rig has been completed for CR-3. On section 9, also operated for the Wolverine, DS-38 has been drilled through the third Wall Creek sand to a depth of 3,127 feet. The sand was found to be 25 feet thick, but barren of oil, gas or water, The whole is now being plugged back to the second Wall Creek sand. where the well will be shot. Taylor No, 5 in section 20-39-78 hag run and cemented 8\-iInch cas ing at 2,422 feet. Taylor No. 6 ts at 720 fect: 244 fect of 12%-Inch casing has been run and cemented, and at 406 feet @ small gas pocket was encountered, - @he Casper Daily Cribune PAGE NINE. Allied Chemical and Dye 725% American Can --------. ~ 102% Car and Foundry. 160 American International Corp 22% American Locomotive -~-.--. 73 American Smelting and Refg 61% American Sugar ------------ 42% American T. and T, ---—--- 126 American ~-14614 B American 66% Anaconda 32% Atchison 100%, Atl, Gult, . - 16 Baldwin Locomotive ------- 112 Baltimore and Ohio --------- 53% Bethlehem Steel ----~------- California, Petroleum Canadian Pacific won nannee ne 148 Central Leather - 12 Cerro de Pasco Copper ------ 45% Chandler Motors ~--.-------- 45% Chesapeake ond Ohio -—----- Tht Chicago and Northwestern - 53% Chicago, Mil., & St. Paul pfd. 26% Chicago, R. I. and Pac. ---- 24% Chile Copper - wenn----- 27% Chino Copper --------------- 16% Consolidated Gas ex div. --. 64% Corn Products -.----------- 175 Gosden Oil ---------------— 30% Crucible Steel -------------- 52% Cuba Can Sugar pfd. - Hi? Erle .-.——~------- is General Asphalt ---- 35 General Electric ----------- 218% Genera! Motors -------—--- 13% Great Northern pfd. owen STH Gulf States Steel ----------- 67% Illinois Central ex div. Inspiration Copper International Harvester ---~ Int. Mer. Marfhe pfd. -----~ International Paper Invincible Of Kelly-Springfield Tire -—. Kennecott Copper Lima Locomotive Loulsville and Nashville -. Marland O/ Maxwell Motors Middlé States Oil Missourt, Kan. & Tex new. Missouri Pacific pfd ------- ‘New York Central -.-.. - 101% .-¥., N. H., and Hartford . 20% ‘orfolk anc) Western - 12246 Northern Pacific 52% Pacific Oil Pan American Pet Pennsylvania People’s Gas --. Producers and Refiners --. Pure Oil Reading -------------------"" Republic Tron and Steel ---- Sears Roebuck Sinclair Con. Oll ---- Southern Pacific Southern Railway Standard Ot! of X. J. Studebaker Corporation ‘Transcontinental Ofl --~+—-. Union Pacific U. 8. Ind. Aleoho! United States Rubber United States Steel -. Utah Copper - Westingheuse Electric Wr'lys Overland American Zinc, Lead an: Butte and Superior ~--~. Colorado Fuel and Iron - 40 Mcntana Power -. 624 National Lead -. 130 Shattuck Arizona » 5% ‘Angio 16% 17 Buckeye 62 (63 Continental 40 43 Cumberland Galena Mlinois Indiana Nat. Tran. --. N. Y. Tran -. Nor. Pipe -—~. Ohio Oil Prairie Ot! Prairie Pipe -. Solar Ref. 8. 0, Ohio 289 «6291 Vacuum 60% 60% 8. P. Ol 136 )=«137 8. O. Ind. 58% 68% CRUDE MARKET Cat Creek ---n—-~nnnrmennena--$1.95 Grass Creek, heavy > ------... Greybull Torchlight (eee neneenn--= Mik Basin -------------------- ROCK Creele nannnewwn nnnnene Salt Creek ----------~-----.- Rig Muddy .. Mule Creek Sunburst Hamilton Dot Ferris Byron Notches Pilot Butte Lander POTATOES CHICAGO, May 8.—Potatoes trad. ing moderate; market firm; rece!pts 56 cars; total U. 8. shipments 575; Wisconsin sacked round whites $1.10@$1.25; few $1.30; bulk $1.15@ $1.80; few $1.95; Michigan bulk round whites $1.20@$1.30; Minnesota and North Dakota sacked Red River Ohios 1,00@81.30; Idaho sacked Rus. wots $2,35@82.50. New stock. Tex- as sacked Bliss Triumphs $5.00@ $5.90; Florida barreled Spaulding Rose number 1, $8.00@$8.26. ' Tribune. wantads bring results, Siocks NEWS AND QUOTATIONS BY LEASED | Burke “-----.------- .25 Blatkstone Salt Creek .28 Chappell ...----—---- 16% Columbine Central ---... Consalidated Royalty ~ 1.25 Cow, Gulch. 03 Domino -.----. 08 Elkhorn 02 E. T. Williams -. 44th Fargo ose wen ene. 08 Frants ------. <= §.00 Gates -—~-----~--.--= "10% Jupiter .. = 00% Kinney Coastal -.... .11% Lance Creek Royalty .01 MEPINS sete Mike Henry --------- .00% Mountain & Gulf --- 1.55 New York Oil -.-.---12.50 13.00 Royalty & Producers- Sunset ~..--.----. Tom Bell Royaity Western Exploration ~ 3.50 Wyo-Kans --~--~------- Western States ----. ¥ oi ~NEW YORK CURB Mountain Producers - Glenrock Oil -... Salt Creek Prds. -.. Salt Creek Cons. Mutual New York Oil 8. O, Indiana LIVESTOCK Chicago Prices. CHICAGO, May 8.—{U..8. Depart- ment of Agriculture.)—Hogs—Re ceipts, 32,000; opened fairly active, strong to 10¢ higher; now slow; big packers {nactiv bulk good and choice 250 to 340 pound butchers, $7.50@7.65; top, $7.65; better grades 160 to 225 pound weight, largely $7.30@7.55; bulk desirable 140 to 150 pound averages, mostly $6.85@7.20 bulk packing sows, $6.80@6.95 slaughter pigs, 15 to 25¢ higher; bulk good and choice 110 to 130 pound weight, $6.00@6.60; heavy, weight hogs, $7.40@7.65; medium, $7.85@7.65; light. 05@7.60; ight light, $6.15@7.40; packing sows, smooth, $6.80@7.05; packing sows, rough, $6.65@6.80; slaughter pigs, $5.25@6.75. Cattle—Receipts, 10,000; most kill- ing classes, moderately active, fully Steady; better grades fat she stock, steady to strong; killing quality, largely medium; bulk fed steers, $8.75@10.50; early top matured steers, $11.00; few loads plain Nght fed steers, $8.00 and below; year- lings in fairly active demand; good yearling beef heifers, $9.25; numer: ous strings, $7-50@8.50; most good to choice cows, $6.75@ grades fat cows and canners and cutters, dull; few heavy bologna bulls, $4.65@4.75; bulk, $4.35@4.65 vi strong to a shade higher; outsiders buying choice kind at $10.00 upward, mostly $8.25@9.25 to packers; stockers, firm; meaty half fat feeders in demand; some ‘ate $10.00@10.15; averaging 13,000; fat handy weight lambs, fairly active, steady; Steep, strong to 26¢ higher; bulk handy weight clipped lambs, early, $15.25 to $15.50; some held higher; choice clipped ewes, $8.65; heavy wooled ewes, $9.00; medium weight, $9.25; few spring lambs, $17.26@ 17.50. Omaha ions. OMAHA, Neb., May 8.—(U. 8, De- Partment of Agricylture.)\—Hogs— Receipts, 12,500; market 5@10c higher; mostly 10c higher; bulk 210 to 300 pound butchers, $7.00@7.15; top, $7.20; good 160 to 210 pound Weight, $6.75@7.00; plainer grades and lights on down to $6.26; packing sows, mostly $6.40@6.50; average cost Wednesday, $6.91; weight, 25 Cattle—Receipts, 5,200; beef stoe and yearlings, moderatély active, fully steady; killing qualities mostly medium to good; top steers, $10.75; some held higher; bulk steers and yearlings, $7.75@10.60; she stock, fairly active, steady; bulk butcher cows and heifers, $5.00@8.00; can, ners and cutters, $2.35@4.00; prac: teal veal top, $9.50; bologna bulls, $4.35@4.50; bulk stockers and feed. ers, $6.75@8,00. Sheep — Receipts, 6,000; market slow; wooled lambs, steady; early sales clipped lambs, 10@15c lower; five loads of wooled lanibs, $17.15; clipped lambs, $14.75@14.90; sheep, strong; pmall lots of clipped ewes, $6.50; shearing lambs, strong; three londs 86 pound averages, $16.50. Denver Prices, DENVER, Colo, May 8.—(U. 8. Department of Agriculture.)—Hogs Receipts, 3,600; generally 5 to 10c higher;. top, $7.10; bulk medium to choice 190 to 236 pound ave; A $6.80 to $7.00; few $6.75; light lights, mostly $6.00; acking sows, $5.75, steady; Digs, steady; fat kind, $5.50 to $5.75; stock grade, $5.00, Cattle — Receipts, 200; 1,20 calves, over half of run plain Arizona trade dull; few early sales + plain to fairly good cows, to $6.25; odd loads, $6.60 to + few Heifers, $7.25; plain mo dium yearlings, $7.25; plain feeders, $7.25; bulls, $4.15 down; calves, 50¢ lower; gop vealers, $11.00; no fat steers 801d early. Sheep—Receipts, 5,700; fat lambs, 16¢ highe: $15.65; others, $16.25; $5.50 $6 opening several sheep, scarce. CS DOBBIN REALTY CO, Now Located in . Zuttermeister Bldg, East 2nd St. Grain OIL AND. STEEL OTOGKS LOWER Active Selling Takes Place In Afternoon Trading Today. NEW YORK, May 8.—Desultory price movements characterized to- day's stock market, one of the dull- est full days session this year. Oils yielded readily to selling pressure on reports of another increase in erude production. Allied exchanges Was decidedly weak. Sales approxi- mated 500,000 shares, NEW YORK, May 8,—Stock prices moved frregularly lower at the open- ing of today's stock market with most of the standard industrials recording fractional recessions on initial sales, General Electric dropped a point. Oils were ain heayy, but the rafls held relatively firm, Prices developed a more reaction- ary trend as trading progressed, but recessions ag a rule were held to a point or'less. American Can, Baldwin and Studebaker each sold about a point below yesterday's final figures while Yellow Cab, Goodyear prior preferred, Atlantic Coast Line and Famous Players dropped a point or more. New Orleans, Texas and Mexico was up %. Foreign ex- changes were weak, demand sterling showing an overnight drop of about 2 cents at. $4.36%, Weakness of the foreign exchange markets and reports of another in: crease in crude oil production by the American Petroleum Institute were regarded as contributing fac- tors to the morning sellteg. ‘Trad- ing, however, was relativy light in volume. Olls were the hardest hit as a group, Atlantic Refining dropping nearly five points and Gen- eral Asphalt, Pacific Oll, Producers and*Refiners and Sinclair losing a point or so, the last named duplicat- ing its previous low of 18%. Bald- win and General Electric extended their early losses to 1% points each, while United States Cast Iron Pipe, American Radiator, Central Leather preferred,’ Marine preferred, Corn Products and Mack Truck were added to the ist of stocks to sell a Point or so below yesterda final Call money opened at 3% per cent. With the bullish {mpulwes appar- ently exhausted for the time being there was more incentive to active selling in the afternoon when the steel group displayed heaviness. Olls continued Inclair preferred to year. Studebaker, dustrial, DuPont, U. 8. support, The closing was irregular. Indus- trials continued sluggish in the late trading but bullish effort was suc cessful in a number of the rails, Lackawauna rising three points and Frisco preferred, Chesapeake and Ohlo and Canadian Pacific moving up 1 to 1%. 1 TOSS Foreign Exchange NEW YORK, May 8.—Foreign ex- changos, weak” Quotations {n cents: t Britain, demand 4361; cables, ; 60 day bills on banks, 433 France, demand 6,02%; cables, 6.03%. Italy, demand 4.45%; cables, 445%. Belgium, demand — 4.96; cables, 4.97. "Germany, demayd per trillion, Holland, 37. Way, 13.90; Sweden, 26.40; Denmark, 17.00; Switzerland, 17.79; Spain, 13.78; Greece, 2.18; Poland, .000012; Czecho Slova 2.93%; Jugo Slavia, Rumanta, -51%; Argentina, 32.87; Brazil, 11.30; Tokio, 40; Montreal, 98 3-16. : COTTON NEW YORK, May §&.—Spot cot- ton, steady; middling, 30.50. MONEY NEW YORK, May 8.—Call mon steady; high, 3%; low, 3%; ruling rate, 3%; closing bid, 34%; offered at 3%; last Joan, 3%; call loans against noceptances, 34; time loans, steady; mixed collateral, 60-90 days, 4%; 4.6 months, 4%; prime commercial paper, 4%. LIBERTY BONDS NEW YORK, May 8.—Liberty bonds closed; 8%s, 99.26; first 4% 100,9; second 4%, 100.3; third 4s, 100.21; fourth 4%s, 100.9; U. 8, government 4%s, 101.25, Railroad Organized LARAMIE, Wyo., May 8.—At the first meeting of the board of direc tors of the Northern Colorado and Eastern Railroad company, which bought the Property of the Colorado, Wyoming and Eastern Railroad a few weeks ago, at a receivers’ sale here, Fred B. Miller, the receiver was named as president, T. Calaway of New York Vice-president, Carl M. Owen of New York secretary and ®eneral counsel, and Howard T. Fos- ter of Laramie, assistant auditor. The road will be known for the time being as the Northern Colo. rado and Eastern, but the directors have submitted to the Interstate Commerce Commission a proposition to change the name to the Laramie, North Park and Western. The road extends from Laramie to Coalmont, Colo., a distance of 112 miles, conspicuous lose falling a new minimum for the American In- Alcohol, American Hide and Leather prefer. red and National Lead also lacked WHEAT PRICES. CLOSE LOWER Government Crop Report Causes Evening Up of Accounts. CHICAGO, May 8—All_ grain showed a downward tendency in price today during the early dealings, Commission houses were generally on the selling side. In the wheat market, trade was broader than of late with the chief bearish factors the outlook regarding farin legisla tion at Washington and the reported virtual collapse of the Argentine strike. Wheat opening prices which ranged from % to %c lower, May $1.03% to $1.04 and July $1.05% to $1.06 @ followed by a slight further dec! Later there was considerable eve- ning up trade to prepare for the government crop report due after the close. Final quotations were un- Fettled %o te %c net lower, May $1.03% and July $1.05% to $1.05% @%. Corn dropped to nearly 75c for May delivery, the lowest ptice in some time. Buying support became- less in evidence as the fall of val- ues continued with standing orders being automatically forced into ac- tlon to stop losses at certain levels. After opening % to \c off, May 75% to 76s and July 77%, the market ral- Med a little, but then underwent a material setback. Subsequently, Uquidation on the part of the holders appeared to have run its course, and rallies ensued. Weather too wet and cold for plant- ing was a check to selling. The mar- ket closed unsettled, %oc net lower to ec advance, May 75%0 to 76c and July 76%0 to 76% @%c. de to %o low- 4% and later made a fur- ther descent. Provisions were turn in hog value teadied by an up- Open High Low Closing WHEAT: May 03% 1.04 1.03% July 05% * 1.06 1.05% Sept. --1.06% 1.07 1.06% COR: May -., .75% © .76% 15% July TIM ITM 78% 16% 76% 10% AT% ATH AT 44% 48% 44 AO 20%, 39% 10.80 10.75 10.75 11.05 11.97 11.00 July -...10.00 10.00 10,00 10.00 Sept. 10.15 BELLIES: July -.-.-10.45 10.50 10.43 10.50 Sept. ---10.80 10.80 10.75 10.75 Cash Grains and Provisions. CHICAGQ, May 8.—Wheat num- ber 2 red $1.06; number 2 hard at $1.09 71.14%. Corn number 2 mixed 7614 @76%; number 2 yellow 774% @77%c. Oats number: 2: white 49@49%; number 3 white 4745 @48\c. Rye number 2, 65%c. Barley 672 82c. Timothy “seed $5@7.50. Clover seed $13.50@21. Lard $10.55, Ribs $10.12. Bellies $10.87. NO MONEY T0 Livestock :: All Markets Czechoslovak Rep., 80 Ctfs. -. Dominion of Canada, 5s, 195: French Republic, 74s - Japanese ds ao Kingdom of Belgium, 8s Kingdom of Norway, 6s Rep. of Chile, 86, 1946 . State of Queensland, 6s - U. Koff G. BO & 1,5 American Tel. Col., tr. 5 Anaconds, Copper 7s, 1938 ‘fic dt Chicago, Burlington and Qi y Chicago, Milwaukee and St. Paul Chile Copper 6s Goodyear Tire Great Northern, Montana Power, 5s A.. Northern Pacific ret. Northwestern Bell Tel., 7s -. Pacific Gas and Electric Ss ---.-.--. Penn. R. R. gen. Sinclair Con. Oil. Westinghouse Electric 7s Wilson and Co., cv., 68 With the opening up of the great summer drilling campaign in Salt Creek, completions are coming in rapidly. This week the Midwest Re- fning company reports 10 wells drilled in. These are accounted for as follows: Midwest Oll—21 AX, SEX of sec: tion 11-40-79, 2,150 feet; 98 barrels. Wyoming Associated—11-A, SEX of section 34-40-79, 1,515 feet; 26 barrels before shooting and 648 barrels after shooting. Wyoming Oll Fields—21 AX, SW of section 24-40-79, 1,487 feet; 160 barrels. Midwest Ofl—16-A, NE of sec- Uon 1-39-79, 1,829 feet; 240 barrels. Salt Creek Cons.—26-A, NW\% of section 7-89-78, 2,254 feet; no flow, will be shot. Salt Creek Cons—2, SW% of sec SUMMARY OF NIGHT NEWS WASHINGTON—Investigation of the internal revenue bureau, halted by @ controversy over the emplo; ment of Francis J, Heney as couns: for senator Couzens of Michigan, will not be resumed until ater the senate disposes of the tax bill, Chairman Watson sald. LONDON—The house of commons 1 the third reading of the West FINANCE GUARD CAMP IN STATE Mandamus Writ Sought To Legalize Credit . Warrants in Wyo. CHEYENNE, Wyo., May &.— Wyoming, one of the richest states of the Union, is broke in one re- spect—it has No money to finance the annual National Guard encamp- ments which are required in order to take advantage of Federal sup. port of ths guard. As a result of this situation, Adjutant General Wa!- ter F, Davis is seeking a writ of mandamus from the Supreme court directing State Auditor Vincent Car. ter to dit warrants for pay of National Guardsmen during the an- nual encampments against some other fund than the Adjutant Gen- eral’s contingent. Carter is resist ing the action, National Guardsmen are entitled to compensation at the rate of $1.00 per day for each day spent. in camp, or $15 for the period of the annual encampment. © When vouch ers for the 1923 encampment pay were drawn, they were credited against the Adjutant General's con- Ungent, the preceding legislature having made no special appropria- tion for pay for the guar If this ‘# done again this year the Ad- jutant. General's contingent will be exhausted and the military depart: ment of the state government will be “hamstrung” by lack of funds Thereforu Davis’ effort to obtain a mandate from the Supreme court dl recting Carter to credit National Guard pay vouchers against some fund other than the Adjutant’s con- tingent. SILVER May 6.—Bar silver rn 49% LONDON, May &—Bar silver 33 5-16 pence per ounce; money 1% per 64%; cent. n Telegraph bill, providing for expenditure of 400,000 pounds to establish cable systems and wireless in British West Indian islands and British Guiana, ATLANTIC CITY, N, J.—Evelyn Nesbit Thaw announced she had withdrawn opposition to efforts of Harry K, Thaw to regain his freedom. WASHINGTON—President Cool- {dge favors participation by the United States in the international exposition at Seville, Spain, in 1927. NEW YORK—A reward of $1,000 for the discovery of Major Frederick L. Martin, missing army aviator, was offered by the North American Newspaper Alliance to stimulate the Aleutian Indians to greater activity in thelr search for the lost flyer. PARIS—Members pf reparation commission are planning further meetings with London financial authorities regarding the project for an international loan under the ex perts’ plan, authoritative sources sald. More Paving Being Laid In Cheyenne CHEYENNE, Wyo., May 8,—Pav- ing operations have been begun in three new districts here, All con tracts are held by the A. H, Reade company of Omaha Funeral Held for Infant Child Of Richard Atkins The infant daughter of Mr. and Mrs, Richard Atkins died yesterday afternoon at a local hospital, The funeral was held today from the Muck funeral home and burial was made in the Highland cemetery. a Flour MINNEAPOLIS, Minh., Ma Flour har Bran $1 50g 18 A. ceceweensenoenwenne: ref., ev., 436 Ten New Producers Are . Drilled In By ‘Midwest During the Last Week tion 91-40-78, 1,126 feet; completed as shale well. Pumped 509 barrels. Midwest Oil—27 AX, NW\ of sec- tion 25-40-79, 1,520 feet; no flow, will be shot. Wyoming Of! Fields—31, SW ‘of section 24-40-79, 900 feet; completed as shale well. Pumped 85 barrels. Midwest and Wyo. Asso.—12.A, SW of section 12-40-79, 2,362 feet; 139 barrels. Wyoming Assoclated—18-A, SW of section 14-40-79, 1,905 feet; 93 barrels. At Neiber Dome the Midwest is drilling its test well at 3,700 feet. No reports have come in from New Mexico within the last few days. PROPRIETOR OF AUTO TOP SHOP CLAIMED TODAY Christian Mohr to Be Laid at Rest Here Next Sunday. Christian Mohr, 46 years of age. and proprietor of the per Auto Top Shop, died about 9:30 o'clock this morning at Io. hospital He is survived a widow, Mrs. Amelia Mohr, a son, Fred H. Mohr, and a daughter, Mrs. F. D. Perkins The family residence is at the rear of 633 South Center street. The deceased had been a resident of Casper for five years, He came here from Colorado. The funeral will be held at 3 o'clock Sunday afternoon from the Trinity Lutheran church. The Rev. J. H. Gockel wil.officiate. The remains are now at the Shaffer- Gay chapel Setrpesenaialiipiesiepeibeed OHERIDAN DELEGATES FIAM SUPPORTERS OF PRESIDENT COOLIDGE (Special to The Tribune.) | SHERIDAN, Wyo., May 8.—L. H, Brooks, W. H. Edelman, C. V. Davis, McNally, C. W, Garbutt, Denio, . Cc ans, Perry 5 Roy Bedford, L. E. Martin, J. R. Shannon and H. A. Churchill are tho delegates chosen to repre- sent Sheridan county at the Tepdb- lican state coneention at Lander M 12. They are all enthusjastie- for a — Butter, higher; creamery extras, 36c; stand- ards, 96%; extra firsts, 35@35%6; $20.00. —.—— Woods Filling Station, car wash- ing and greasing. Phone 1920W. East Yellowstone Highway and A. firsts, 33% @34%0; seconds, 30@ 32 %o. Egss, higher; receipts, 23,424 cases; first 4 @230; ordinary firsts, 20% storage pack ex- tras, 1444 @24%o; firsts, 2440, ————— NEW YORK, May 8.—Refined Sugar was unct at $7.40 jto $7.50 for fine granulated, and only @ light demand was reported. Refined futures were nominal. Sugar futures closed steady. Ap proximate sales, 42,000 tons. y, 4.28; September, 4.3:

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