Casper Daily Tribune Newspaper, September 16, 1924, Page 8

AGE EIGHT. ~ Holds Annual : All Officers sol Royalty we lected at the ing directors and wt held yesterday at the compan: ou annual me r t of €fices in the Consolidated Royalty | was declared payable to stockholders Fhuilding. Officers and directors fol-| of record of October 15th. Few W. H. Geis, chief geologist, gave B. Brooks, president; C. B.| a detailed report of operations in the | Richardson, vice president; and | two California fields and the Wallace | Roderick N. Matsoy, secretary and| Creek structure. These structures treasurers The directors are B, B.| are being developed by the Mutual Brooks, C. B. Richardson, Roderick Oll company; the Consolidated Oil €N. Matson, 8. A. Lane, R. S. Ellison, | company and the Western Explora ¢ Hi. D. Schoonmaker and Charles P.| tion company having equal working | 3 Whitney. Eugene es w 7. interest. | ¢ Funk and J. R. Penn were re-electec jon the Advisory Board. While the meeting was in sessio: word was received from the § ¢ Creek field of the compeltion of the g deep test well by the Midwest Refin. ,ing company on section 23-40-79, which showed an approximate pro: duction of 6,000 barrels in 24 hours. dated Ro: y Of com. a substantial royalty in. Consolidated Royalty company stockholders It Meeting; Re-elected teraSurer's report was very to income, dividends for the first eight months of the year. The regu- larly quarterly dividend of 3 per cent 1| Ralph Louoks, field superintendent the Carter Oil company, gave «| rt of operations in the Billy k structure where the Carter. npany is drilling five wells for {nt account of the Consolidated Royalty Oll Company nnd the Wes- tern Exploration company Stockholders present at the meet- -| ing afterward attendéd a luncheon given at the Country club by the officials of the company. About { Pd i Allied Chemic Can Car & Foundry International Locomotive Smelting & Refg. Sugar i and Tobacco Woolen P9American Zinc, Le TiAnaconda Copper SyAtchison - “Atlantic Coast Line - ~ American American * American * American * American Tel. Baldwin Locomotive Baltimore and Ohio -. 61% ".;Bethlehem Steel *-- 44 ‘California Petroleum Veanadian Pacific - 147% entral Leather - 14% “yyCerro de Pasco 45% ~5Chandler Motors - 35% Chesapeake and Ohio 85% “Chicago and Northwestern 59% Hichicaso, Mil. and St. Paul pfd Chicago, R. 1. and Pac. jedChile Copper Jeoce Cola F] “s{Colarod Fuel and Iron ve Jongoleum = —----. 46% «iqConsolidated Gas ~ 71% fiyCorn Products new - 24 eaCosden Ol 26% “crucible Ste 4 ‘cuba Cane Sugar pfd. -—. 65% Dayison Chemical - 45% \DuPont de Nemours —-- 127% neral Asphalt al Electric ‘General Motors MGreat Northern pfd Gulf States Si hicuston , Oil ‘iinols Central ginternational Ha - Tnt. Me: Marine pfd - - Int. Tel. and Tel Inyineible Oil icelly Springt Ucennecott Copper --- Touisville and Nashville s#Maxwell Motors A qiliddle States O11 qjlissouri Kan. and Tex. issouri Pacific pfd. Lead pans, Tex and Mex. , and Hartford —- and W Pacif, Oil 1c: folic Yorthern ft Pan / *ennsylva n ePtroleum B. lucers and Refiners if ger t Iron nd Ste 1 Tobacco B -. 7 ard Air Li Roebuck lair Con : t Sheffield Ste southern Pacific 3 Wouthern Railway - - 66 zon rm Railway pfd 3 2 tandard Oj! of Cal. -. I tion aker Corpor Drug st Ir E 8. Ind. Alcohol ficnited States Sp nitea States Sg itah Copper a fpVestinghouse Electric WpVillys Overland --- Voo!worth Dome - 1.80 1.85 1.66 65 1.40 70 twenty five were pregent. Sunday a trip of inspection to Wallace Creek field was made a number of the stockholders. was composed of B. B. president of the company, C Richardson, ugene Coste and E. ‘oste of Calgary, Canada, Iver Johnson, one of tlfo early discovers of the Salt Creek field, W.H. Gels, R. M. Andrus, ©. W. Sparr and W. W. Sparr of Billings. A picnic lunch: eon was served and the afternoon was spent inspecting the field. pa Si eh T aw SHANED AND ALL THE gaRseR SHOPS ARE | QLOSED ~~ _ Dont | ME PAYING THE OLD FOLKS A VISIT, 1S HAVING A GOOD REST AND TELLING! THEM: HOW WELL SHE IS DOING Bessemer -. 15° 16 Big Indian - 03% 04% Boston Wyoming ----- .80 _ .90 Buck Creek ---. 13 15 Black Stone Salt Creek .20 .25 Chappell 12 Columbine 08 Consolidated 117 Central Pipe Cow Gulen Dpmino Jupiter Kinney Coastal Lance Creek Royalty_- Marine -..—. x Henry ---——.. .% «| Mountain & Gulf. New York Oit ~ Picardy ..---. Preston ----—---~-=- 01% 02% Red Bank -----. 42.00 43.00 Royalty & Producers. .04 05 Sunset ~.- - 08 09 Tom Bell Royalty --- .03 04 Yesteyn Exploration-. 3.12 3.25 stern Oil Fielos .. 156% 16% Western States —_ 12 18 Wyo-Kans ~.----...- . Los Y. om ee Oe | eT NEW YORK CURB CLOSING Mountain Producers... 18.00 18.12 mrock -..- 15 alt Creek Prds 62 23.87 alt Creek Cons. .75 7.25 Ni York Of 3.00 11.06 Ohio Ol) -. 68.50 59.00 Prairie Oil 209.00 210.00 Mutual — 12.12 11.25 S. O. Indiana 56.75 67.00 Cities Service Com. —-- 142.50 143.00 Standard Oi) Stocks Angio Indiana ~ Nat. Tran Tran. Pipe Ohio Ot rie Oil Prairie Pipe - Solar Ref. - Sou. Pipe 8. O. Vacuum Pp. OU Oo, Ind oo | BENS POTATOES CHICAGO, Sept 16.—Potatoes— Trading very slow; market was steady on Early Ohios, weak on other ks; receipts, 81 cars; total 1 8 shipments. Minnesota Harly 30 re $1.20@1.30 Wisconsin bulk round whites, $1.25 as and Missouri Irish $1.30@1935; Colorado sea — sacked Brown E , $2.00. Butter and Eggs Butter changed; receipts, cW YORK, Sept. 9,012 16,— Liberty bonds closed: 3%8 100.27; first 4%4s 102.2; second 4448 101.6; third 4%48 12.2: fourth 446 102.3; United States I gvevrament 448 100.6. ard industrials and rails improved OT OGK PRICES ARE STRONGER Specialties Show Wide Fluc- tuations In Afternoon Trading NEW YORK, Sept. 16.—Today's stock market was ao restricted affair with the buoyancy of the baking issues as one of the features. There was a fair demand for the food, rubber and investment rail- road shares. Sales approximated 500,000 shares. NEW YORK, Sept. 16,—Stock prices moved irregularly higher at the opening of today's market. Mexican Seaboard Oil broke two points on the initial sale of 2,400 shares, and some of the other oils were again in supply as a result of western gasoline price cuts. Stand- fractionally. Renewed selling of Crucible Steel in anticipation of unfavorable divi- dend action at today’s meeting car- ried that stock down 1% to 5 but failed to unsettle the rest of the list. Montana Power and Lackawanna rallroad each yielded a point. Gulf, Mobile and” Northern preferred ad- vanced 2 points to a new 1924 top at 70% and new peak prices also were established by Cushman’s Bake 63% and General Baking at 14244. nerak Blectric which was heavy yesterday rallied 4. Foreign ex changes opened steady. Railroad shares were neglected but buying of the industriqls ex- parided as the movement of special stocks indicated accumulation by strong financial interests. A bullish demunstration in the automobile issues sent Studebaker above 40 to » new high. Kelsey Wheel jumped| © four points Baking and Biscuit shares continued to soar, Cushman extending its gain to five General Baking to 5% and Wiles to National Enameling moved up three points. Brooklyn Manhat it broke two points and U Ity lost two points. Except for a few exceptions, im ant fluctuations were largely re ed to specialties in the after- noon. New York Central and Le high Valley were actively bought and the rubber group, American Chicle and Cuban dominion shares also moved up spiritedly. General Baking at 154 showed aw over-night rise of 12 points, ¥ Cushman at 6914 was up 7% pr The closing was str General Baking slipped four points from its top price and Fisk Rubber first preferred, yielded three in the late dealings but the rest of the list held well with business on a restricted scale. ete ernper sires Foreign Exchange NEW YORK 16.—Forelgn exchange firm. Quotations in cents Great Britain demand 446 Sept 447%; 60 day bills on banks 444% France demand 535; cables 5.35% Italy demand 4.8844; c! m demand 4.97 Germany demand per Ho'land 38.42. Norway 7 6.51. Denmark 16.9 ur 18.85. Spain 13.26 Po land 19%, Cze 00. Jugo via 142. Austr . Rumania 54. Argentina 1,09. To kio 40 Montreer 2. SILVER GO on! ay Garser sHop 7% COME ON DoUN 7 NM ToOmsT Dee SCRAPE THAT BRUSH OFFA YOUR PAN IN “TWo: MINUTES Che Casyer_Dailp- _ BARNEY GOOGLE. AND SPARK PLUG Wiypfle fil - COMECOME HE'S Got Alo SYSTEM iy % earono HERE-8 Fr WwRArs KE CANT FIND AIS Tr OWA YOULL PAHDON MAMMY FOR APREARIN' IN MAH DRESSIN' GOWN) THIS MORNIN’ WHEAT GIVEN STRACK AGAIN Prices Break In Chicago When Holders Attempt To Take Profits CHICAGO, Sept. 16.— Wheat prices declined to some extent as a result of Canadian crop estimates that contrary to predictions proved to be bearish instead of bullish. On the downturn in values, how- ever, buying increased and rallied. Much of the buying was apparently for seaboard account. pening prices which ranged from % to 1c lower, with December °$1.33% to $1.33% and May $1.39% to $1.39%, were followed by a slight further setback and then by an upturn to yester- day’s finish. Subsequently the market again weakened. Demand became slack when buyers endeavored to realize profits. The close was unsettled 4 to %}c net lower. December $1.33% to $1.83% and May $1.40% to $1,40%. Corn and oats were easier, owing to sympathy with wheat. Opening %e lower, December $1.13 to $1.13%, the corn market sagged all around but then gradually recovered. ‘Wet weather preventing rapid ma- turity of the corn crop tended to uphold the ‘market later, ‘The close was steady, but te to %e net lower, December $1.13% to $1.13%. Oats started at % to cember 52% to 53%c eased a little more. Provisions responded of hog values. off, De- and later to firmness High Wheat— Low Close Sept. - 1.28% 28% Dec. - 1.34% 1.40% 13.40 13,40 13.30 -rovisions. —Wheat hard $1.30 2 mixed $1.20 Cash Grain and CHICAGO, Sept N No. Timithy Clover Convict Makes Escape From Cribune a T ee Thar SARSER TONY. Topts = TAKE A Aine For A MINUTE. Epole -- Te T Wook THINnGs OP HERES Thar SHANING BRUSH - 7? AuH- HERES THE Razor WELL, WE HAS TO HAVE NICE THINGS OP THERE THEY Is MORE SOCIAL OBLIGATIONS. state has deteriorated and the fore- cast now is for a yield of 79,232,000 bushels, the smallest in recent years. The grain sorghums, however, show an increase of 13,00,000 to 54,555,000 bushels. (Copyright 1924, Casper Tribune) Fruit. PORTLAND, Ore.—Apple buyers are not inclined to meet views of sellers, but the latter appear confi- dent they will hold the upper hand in naming prices. Hood River grow- ers are asking $1.85 a box for extra fancy Spitzenberg 163s and larger, with a 26e reduction for fancy and “c" grades. Buyers appear unwill- ing to exceed $1.65. ONSTATE FAIR (Continued from Page One.) make up a large share of this ex- hibit. Civic clit and "Press dey temneree: is expected to draw the first great crowd of the fdir and it will.be the aim of the management to impress all Inucheon club members with the importance of the state fair as an institution meriting better finuncial support from the state. Senator Francis E. Warren and Congress- man Chas. EB. Winter are on the Program for addresses. Approximately 60 members of Cas- per luncheon clubs have pledged at- tendance tomorrow at the state fair in promoting the success of Civic club and Press day and many others are expected to be present with their families when the roll is finally called at Douglas. Other Casper residents will also help to swell the crowd. NEWWELL IS Sugar Cane. NEW ORLEANS — Prospective shortage of the sugar cane crop DETROIT — Although Michigan usually is a heavy shipper of peaches, it may be necessary to im- port fruit from other sections to fill demands of this state. Berrien county, which usually ships 1,000 cars of peaches, will not have more than one or two carloads, The South Haven Fenhill district will not ex- ceed 30 cars and the Oceana-Mason district 50. more than 125,000 to 180,000 compared with 162,000 to: year. ‘ ‘ amber. PHILADELPHIA—This city is making a strong bid for the busi- ness of distributing Pacific coast lumber products. Edward F. Henson and company are. enlarging their pier and storage facilities and expect larger receipts as a result of an intensive selling campaign in this section, * Oil ‘TULSA, Okla.—Pipe line from the Cromwell pool decreased about 9,000 barrels in daily average in the last weeks, Forage Crops. TOPEKA, Kan.—Alfalfa seed in HAVERHILL, Mass.—A gasoline | this state is yielding 2.6 bushels to price war here has driven the price down from 20c a gallon three weeks ago to 12c the lowest figure reached the acre this year, compared with 1.6 last year. Clover seed yield has advanced from 1.2. bushels to the since 1914. acre to 1.8. i Fish. Coal. AN y JUNEAU, Alaska—Canned salmon PITTSBURGH- @re out to " ‘ led the Alaska exports in August] begin a six-day week ule at * with a valuation of $5,500,000. Grain. HOUSTON—The corn crop in this the Nemacolin works of the Buck- eye Coal company, at Uniontown, and to push production at the Briar Hill plant to capacity. BUSINESS BRIEFS ATLANTA, Sept. 16.—Cotton growers of the southeast are begin- ning to withhold cotton from mar- of the slump in (Continued from Page One.) No. 33-X, NW, section 35-40-79, present depth 1,'73 feet. It is difficult to foretéll how vast the entire resources of Salt Creek are. From year to/year it has startled the ofl world with new revelations. Its possibilities con- tinue to increase, rather than de- cline. Full effect of its marvels for sus- tained production is felt in Casper. The present discovery mi an added measure of prosperit for this city, warrants further expan- sion in the immediate future, and 12,500,000 bales, despite the higher government predictions. CLEVELAND, Sept. 16.—-The ket as a result Cleveland Electric Illuminating com- prices. This tendency is being en-| pany’s Ioad line, which is regarded ~ : couraged by the Georgi Co-opera-|as"an eocurate barometer of busi |!” sssurence of longlived istability, tive Growers’ association, which an-|ness and industrial conditions here, nounces it is rec iving more cotton than ever before. The farmers are in a good strategic position since other crops, including fruit, tobacco, melons and peanuts have given them money enough to liquidate their debts and make a large portion reached {ts peak for the year in the last week. Some of this increase was due to recent connection with Akron lines, but with allowance for this, demand for current for indus- trial purposes has improved. John W. Davis Gets Good Rest Jof their cotton crops ‘‘velvet’’. HOUSTON, Sept. 16.—All indus} EAST WOOD FARM, BUNCE | The harvesting season will be/trial plants here are working full] TON, Mo., Sept. 16.—(By The Asso- shorter than usual because of the} time, with a normal number of | ciated Press}—John W. Davis, Dem- recent ¢@x e heat, which has| hands engaged. There is a slight| cratic candidate for president, spent curtailed the late or “top' crop.) shortage of bricklayers and plaster-| today resting at the farm home of Conservative estimators do: not be-lers and a steady demand for farm| Dr. Arthur W. Nelson, Democratic lieve the*country's yield will exceed CHILDREN UNDER 1 BARRED FROM DRIVING | AUTOS IN CHEYENNE and dairy hands and cotton pickers.| nominee for i@vernor of Missouri, and working on the address he will deliver at Des Moines Wednesday hight. Yesterday Mr. Davis opened the campaign in Missouri with the address here in which he assailed the Republican party a “special priv- flege”. and the Fordney McCumber tariff act and promised that if elect- ed he would furnish a government ‘honest through and through, from top to bottom.” Gasoline Prices Cut In Cheyenne SHEYENNE, Wyo., Sept. 16. — Gasoline was cut 2 cents a gallon at filling stations here Monday. The new price is 18% cents a galons, one > — Montana Pen DEERLODGE, t I Harry We s J Broug « | din Yellowstone ounty 1916 for grand larce servin sentence of, five to ten years, ex caped from the state penitentiary July 11, 1 Falls, at Deer Lodge, ! Minn. captured in Fergus NEW YORK, Se; 69%; Alexican dollars, 65%. yosteray, according to word received here. Eleven prisone ho escaped this year haye nm recaptured. Warden A. J, Cole reporta, cent of this price being the state " 7 CHEYENNE, Wyo., Sept. 16. —| **- q >) today announced that’ they | would arrest all children under 16 \ | years of age who are a driving METALS NEW YORK, Sept. 16.— Refined u & ' 1 . sugar was lower, the list now rang- ay ing from $7.15 to $7.50 for fine NEW YORK, Sept. 16.—Copper| granulated. Refined futures were] JACKSONVILLE, Fla, Sept. 16. electroyitic spot and futures} nominal. —Herbert A. Thompson of William- 13 be @134 Sugar futures closed easy; approx-|ton, Michigan, was clected grand Tin easy; spot and futures 47.25. imate sales 19,000 tons. September|sire of the Independent Order of Iron steady and unchanged. Lead 94; January $3.31. | Odd Fellows at the sovereign grand steady: spot 8.00, Zine steady; east SRS. RES lodge session ‘here today. St. Louls spot futures 35. For results try a Tribune Clas-] Port!and, Oregon, was chosen for 6.27. Aatimony spot 10.87, sified Ad the 1926 convention city. TUESDAY, SEPTEMBER 16, 1924 By Billey De Beck ebunrus2ioe: SX STL GATES OPENED (===) ™money steady; high 2; low3; ruling rate 2; closing bid 3; offered et 2%; last loan 2; call loans against ac- ceptances 1%. Time loans easier; mixed collateral 60-90 days 2%@2%3 4-6 months 3@3%. Prime commer. cial paper 3% @3%. Wheeler Off For Long Tour, Of Country np NEW YORK, Sept. 16.—Senator | Wheeler of Montana, vice pres | dential candidate on independent ticket left New York last he booked for the final lap of a 2 ing tour that will take him into every region of the United States where organization managers ofthe new political enterprise think they have prospects of success. The first stop for a speech, late tonight, at Pittsburgh. There after the senator is booked for five speeches in principal Ohio cities and addresses worked up during recent days indi- | cated that his intention is to dis- cuss the administration of former Attorney General Daugherty before f citizens of Mr, Daugherty’s home ! State. Somewhat the same policy. will be followed at his speaking dates in Illinois, which begins with Chicago on September 20, except that General Dawes, Republican vice presidential nominee, will be the target of criticism. Tentatively Senator Wheeler's tour from Chicago has been ar- ranged to take him to the twin cities in Minnesota, back through Towa to Denver, north again into Montana and the Pacific coast, and south through California. He will turn east again there, getting into the southwest for addresses in Okla- homa and Kansas City, arrtying at St. Louis about October 20, His\ schedule for the final days of the campaign has not been arranged. ——__ PRESCOTT, Ariz.—Russell Scrog- gin, of San Diego, Cat., alleged lead- er of four bandits who last Friday robbed Mr, and Mrs. Charles .D. Christian, of Oklahoma on a high- way near Ashfork, was sentenced to 15 to 20 years in the state peniten- tiary. ‘ Cities Service Company 7% Convertible Gold Debenture Bonds Series “D” Due 1966 Equity of $9000 Baek of Each $1000 Bond Valuable Conversion Privilege Price at Market Yielding About 7.20% Address inquiries to per representative, Mr ROW. Frye, P. 0. Box No. 1217.” ees Public Service Co., Of Colorado Securities Department