Casper Daily Tribune Newspaper, September 30, 1924, Page 7

Cotton FORT ORTH—A wave of selling swept over the cotton districts ‘est Texas, with the recent ad- Mere pickers could be used than are available. ATLANTA—Recent developments in the cotton markets have had the effect of encouraging formers to hojd. their cotton, according to exec. utives of co-operative markcting as- sogiations. These men say the pres: ent price ‘still is below their esti- mates of what the preser’ crop will bring. The co-operative associations today range from 5c to $i lower than recent levels, altho there is some strength in products related to ratiroad requirements. Wire and tin Plate mills are operating slightly un- der 60 per cent of capacity. Wool WASHOUGAI, Wash.—The Phila 4eiphia woolen mills here now are working a night shift to furnish rush contracts to supply blankets for two. chains of hotels in the Northwest which are nearing com- pletion. Some machines are being run 24 hours a day, % Lumber PHILAD! —A record is be- ing claimed here in the unloading of lumber cargoem The steamer Mar ag Dollar discharged 960,000 feet legs than 24 hours. Lumber car- eo = from the Pacific Northwest @re repidly increasing at this port. SAN FRANCISCO—Higher fur Prices are foremost as a result of the loss of the fur ships Arctic, Herman and Lady Kindersley, all caught in the Alaska ice packs and crushed. The value of the fur car- goes 80 lost is placed at over a mil. lion dollars, The furs comprised sane three quarters of the Alaska le Farm Implements KANSAS CITY—There is a brisk demand for farm implements at Present and some dealers declare sales for immediate delivery are jarger than sales for immediate and future delivery combined at this time last year. ‘ Fruit WENATCHEE, Wash.—The sale of commercial apples in the We- natchee and Okanogan districts s0 far this year have been double those of the similar period of 1923. is a strong Eastern demand for Jon- athans, Delicious, Newtons and “Winesaps. Paper READING. Pa.—The Reading pe- per mills, owned by the heirs of Geo. | Chile F. Baer, former president of the Reading ratiroad, are preparing to erect a new annex four stories high at its Packerrack plant here. Automobiles DENVER—Colorado is holding up its end in automobile Hases. Statistics issued by the license bu- reau show that approximately 300,- 900 motor vehicles of various sorts now are in use in this state. ATLANTA—Automobile sales con, cerns are recovering from their leth- argy of the last 60 days and report better business on all models. Closed cars already are picking up rapidly. ou SHREVEPORT—Glowing reports of the showing of oll in the Grant Parish, Louisiana field, where wild cat territory recently has been ox- plored, have resulted in the starting of seven new wells. [ BUSINESS BRIEFS | (Copyright, 1924, Casper Tribune) “FORT WORTH, Sept. 90.—There is a decided'y better feeling manti- tested today in the southern oil fields as a result of recent develop- ments. Oll stores during the period of restricted purchases by refiners in north and north central -Texas will be bought bysthe Texas com- pany at the present posted price, plus what practically amounts to & small premium. The company offers to assume storage charges In cases where advantage is taken of their offer within a certain limited time. his is*taken to indicate belicf in. PRINGESS ON WAY TO TULSA . (Continued from Page One) ‘istinctive beauty which Miss Logan ‘possesses to a remarkable degree. Perhaps the mow gorgeous of the things Miss Logan is taking with -irridescent green-gold silk, resplen- ‘dent with gold braid and fringe. embroidery and Uesding, sparkling It is a thing of beauty, “gkiNled designer who was for years with one of Denver's largest stores, The gown to be worn with the train is of turquoise blue, as re- quested by the pageantry artist at Tulsa. This dress arrived yesterday, having been sent post haste from New York City. ‘The train and gown both were fur- nished by the Rocky Mountain Oll & Gas Producers Association, toget!- er with an afternoon costume in >rown, with hat and hose to match, a street dress in black with hat to /match, and shoes. Tomorrow morning the princess and her escorts will arrive in Tulsa. There she will meet the princesses from the othor oll produelng states. First of them to greet her will be Miss Margaret McCormick, who is Princess Oklahoma. Following are the names of the other beauties: Miss Evelyn Kato Florence Con- rad, musician and student, of Gree- jey. Colo., with her chaperone, Mrs. Kate Russe) of Denye! ss Glovina McMath, musician and business woman, from Eldo- rado, Ark. Miss Margaret Isabelle Trainor, musician and graduate of the Uni- versity of Michigan from Salem, W. Va. Her mother and father will be with her, Miss Wana Edward: gradpate nurse and daughter of a prominent sheepman, from Forsythe, Mont. Miss Lucille Haynes, daughter of an oil Than, and secretary to the chief engineer of the Gulf Stat we companies, from Shreveport, La. Miss Ramona Marcella Trees, stu- dent at the National Park Seminary, end daughter of an oil operator from Winfield, Kansas, Miss Evelyn Kelley, University of Kentucky and Lou'aville Conserva- tory of Music, student, from Louls- ville. Ky. Miss Vivian Taylor of Coleman, ‘Texas. Miss Catherine Dowd of Ol! City, Pennsylvania. » Miss Ruth Patton of Delphos, O. These are the princesses with ‘whom Mas Derothy Logan of Dous- Jas. Wyo., wil compete early next eek for the honor of beng named Queen Petrolia. strengthening of the market in the near future, Gasoline prices have steadied in ‘Texas in the face of in-| 1 creased buying. Refiners are more hopeful and les= inclined to offer) concessions, The advance in the price of Smackover heavy oil has stimulated drilling in that field. . PITTSBURGH, Sept. 30.—Buyers section expressed the noted among larger dts-| tributors,"a few of whom Have been taking on extra tonnages to build- up stocks for autumn. Sellers plainly show disappointment that Septem- ber did not show the continued im. provement expected at the end of August. Neither a pre-election nor post-election burst of buying now is anticipated. The steel industry is operating at about 60 per cent of capacity. Since the average rate of operation since the wer has been only 66 per cent, any marked in- crease now would bring production above normal, Prices on bars, plates and shapes are not particularly firm and opinions differ ag to whether the amount of new business ts hold- Ing up. Tower oe Dan H, Freel who not long was ih Casper at the head of Producers and Refiners corporation pipe line department, is now in Bred orado, A late news report thet be has applied to the Colorade state publie utilities commission for a certificate of public necesalty and convenience for the building of a pipe line near Fort Collins to points on the Colorado and Southern and Union Paelfic railroads. He declares he hav plenty of capital be- hind him. Word of his success is well received by his Casper friends. —— J. W. Steels, deputy supervisor of the bureau of mines, and EB, L, Ds tabrook, Midwest Petroleum produc tion engineer, are two of} men who get out bright and early for practice on the coyntry club golf course, Herbert Dailey, head of \tho Mid- west's land department, undoubtedly regrets that the snow has practl- cally disappeared from Casper Mountain. Myr. Dailey last year in- vested heavily in skils. W. L, Williams, bureau of mines engineer in charge of district No. 5, returned yesterday from 9 three weeks’ trip of inspection of the oil flelds of the Big Horn basin, The Salt Creek Petroleum club will probably resume its sessions dur- ing October. The Wyoming Petro leum club here {s counting upon the third Tuesday in next month for its first meeting of the winter. The time of dooblebugs should by now be a thing of the past. dreds of thousands of dollars have been spent on the spontaneous ap- proval of of] finders and almost al- have been the result. But undoubtedly, as long as men prod for ol] dooblebugs will butt into the search, siiply because what can- not be seu has attached to it a lot of mystery. One of tho most active field mana- gers in the Salt Creek field is H. T. Morian who is with the Utab Ol) Refining company, Originally he was an oi] man in Pennsylvania where he drilled hundreds of wells. Now that he has lived in Wyoming for four or five years, and though he is yeors old, he will have nothing to do with the ‘‘clvilized” cast. Allied Chepticat & Dye .----. 43 Locomotive Smelting & Refs. -- Sugar wnswwscen 4644 Tel and Tel... 127% Tobacco ----v--<-- 1611s American Woolén ~.--+------- 57% American Zine, Léad and Sm. 714 Bb Anaconda Copper <-.-------- 36 Atchison ~~-+--. 108 Atlantic Coast Line ..-...--. 144% Baldy Locomotive .------- 123 and Ohio 68% wewmenene- 1315 Bethlehem Steel California Petroleum —-—--. 21% American American ‘There | Central forthwestern .. Chicago, Mil. & St, Paul pra Chicago, R. I. and Pao. --.-.. Copper’ ~—..----------= Coco Cola Colorado Fuel and Tren were- Congoleum -...-. Consolidated Gas .. —— Corn Products, new ..~.---- Gorden Oil ~-.-- Crucible Steel -~.-.----—--- Cuba Cane Sugar pfd. —-. Davisen Chemical .. = Du Pont de Nemours .------- Brl0 peewee weweevewerrmveere= Famous Players Lasky ..---. General Asphalt -..------+- General Electric -.-.-------~ General Motors new ---.--.-- Great Northern pfd. ~..--.-- Gulf States Steel -..-.~,--. seveereerene- UL International Harvester .. Int. Mer, Marine pfd. -... Int. Tel. and Te}, ...----—--- Invincible Ol .-. Kelly Springfield Tire Kennecott Copper ..-.--.- Louisville and Nashville -. 1 ease eS Marland Ol! -....--.-.---- Maxwell Motors A -.--~~-—- Middle States Oil -._-_.,.. Missour!, Kan, and Tex. -—. Missour! Pacific pfd. -.------ Lead Hartford Nortel and Western .—..-. 125 Northern Pacific ...--.------ Pacific Oll Slosa Sheffield Stec: and Iron Southern Pacific -—-...—--- Southern Railway --...----~ Southern Rallway pfd. ..-.-. Standard Studebaker Corporation ..--- Texas Co. ~.~-----------0--- Texas and Pacific --...--—- Tobacco Products --.-..-—-- Transcontinental Of ~..-..- Union Pacific --.--- United Drug ----.-----—---- U, 8. Cast Iron Pipe -..---- 114% U. S. Ind. Alcohol .,-.------ 10 United States Rubber ..---- %5 United States Steel .------ 108% Utah Copper’ .. ~=75%4 B Bureka, ~--+------------ Gal. Sig. Com. --.---e- Gal. Sig. Old Ptd... Gal. Sig. New pfd. -... 102 TUinoi# Pipe ~--.------- 124 Indiana Pipe -------- 71 National Tranait ---~ 2. New York Transtt Northern Pipe ~.----. CONES. OM ase seen ecake> Prairie Pipe ~----¢---~ 105 Solar Rete ----~------~ a 80, PIpe ---------—s-= So. Penn Of saeccsese 8. W, Penn Ol .—~--- 8. O. Ind. .. B. 0, KAN, -cerpeceee. 8. 0. Ken +e -e-e-re ne’ i O..N. ¥. esecrerevece 0. ONO seenenenees'e } an and Finch -.... Hun- | 0 Greybull ~.-+-+-. TOrChlght --ren-00-~o--: Elk Basin ., Rock Creek Salt Creek SuNDUTt -~+- 20 ene ea He cilton Dome — Pilot Butte Lender Fleur MINNEAPOLIS, Minn., Sept. 30-- Tiour unchanged Bran §24.50@ $26.00, fhe Casper Daily Cribune Stocks :: Grain S AND QUOTATIONS BY LEASED | Columbine — Central Pipe Conso‘idated Royalty . Cow Gulch Domino -.. Elktorn Frany -.-.....--.. Fargo —— 5. T. W iiiams satan Gates Jupiter .. Kinney Coastal - Lance’ Creek Royalty 02 07 00% 3.00 00% Mountain & Gulf -. 1.33 New York Of1 -..._-.10.00 Picardy +03 Preston .... ew OLN Red ‘Bank -....-.---33.00 Royalty & Producers . .04 0645 Tom Bell Royalty —.- Western Exploration — Western States --.... 1.50 12.00 204 02% 35.00 05 NEW YORK CURB CLOSIN: Mountain Producers . 19.87 18 - 50 Salt Creek Cons, 8.00 New York Oh Ohio Ol! <. Pratrie Oil Mutual 58.50 59.00 09.09 210.00 10.87 11,00 55.57 56.00 5 Chicago Prices. CHICAGO, Sept. 30.-(U, 8. De- partment of Agriculture.)—Hogs— Receipts, 15,000; mostly 10 to 15¢ Righsr than Monday's best time; light Ught and killing pigs show 15 to 25c advance; light receipts; tO>, $10.90; better 160 to 225 pound weight, $10,40@10.85; majority good and choice 250 to 850 pound butch- ers, $10.30@10.60; desirable 140 to ‘369 pound kind, yah eRe pack- ing sows, largely $$.90@9,20; desli- ablo stro weight slaughter pigs, mostly 00@9.50; heavyweight hogs, $10,15@10.65; medium, #10.35q yous: Ught, $9.25@10.90; Nght light, ey 0@10.70; packing hogs, smooth, a: packing hogs, rough ;. slaughter pigs, $8.60@ 9. t Cattle—Receipts, 8,000; fed steers and yearlings, strong to 160 higher; mostly 10. to 15e-up; weighty steers; best $11.50; handy weight $11.40; heavies, $10.75; some held higher; fed steers and yearlingg $$.50@10.60; run includes about 2,500 western grassers; largely steers; bers) supply in feeder qua!- ity ‘and flesh; tendency higher boti to Killers and feeder denlers; kil ers discriminating against ro’ weighty western grassers; in-between grades fat she stock, dull; good to eholee beef heifers, fairly active: eannera moving steady; bulls very slow, weak td unevenly lower; few heavy bolognas, above $4.25; vealers, 25 to 5c higher; bulk to packers, $11.50@19.00; outsiders, upward to $12.50 and , 26,000; fat natty lambs, strong to 25c higher; sorts considered; carly sales westerns, steady to strong; bulk native $12.75@13. few to city butchers, ah ; Culls, mostly $10,900; good ‘to hotce range lambs, $13.00@13.25; bert held above $13.50; sheep and feeding lambs, steady; fat ewes strongly, ba fahdy Ie 25; choice feeding bs, early, 75 @ 13.00; feeding Sheep—Receip! Basin of Agireulture.)—Hogs —Receipts 7,000; most 10@15c higher, bulk 190 to 240 pound butch- ers $1010.15; extreme top $10.30; desirable 160 to 790 pound weights $9.75@10; ‘strong weight butchers largely $9,75@10.10; bulk packing ranged from lower to %kc higher to $9.40; bulk of a'l*sales $9@10.10 average cost Monday $9.20; weight 268. Cattle—Roceipts 12,000; fed steers and yeerlings strong; mostly 10@ 150 higher; choice to prime long yearlings averaging around 1,050 pounds $11.26; medium weight steers averaging 1.164 pounds $11; weighty steers $10.30; bulk $9.50@10.05; grass cows and heifers steady; canners and cutters steady to strong; veals and bulls steady; stockers and feed ers elow; early sales 19@1ic lower bulk grass cows and heifers §3 5.50; canners and cutters $2,25@8. dologna bulls $2.25@3.60; practical veal top $9.50; stockers and feeders $5.75 @ 7.40. Sheep--Recoipts steady to 26g higher; fat range lambs $12.75@13.; top $13,25; natives most. ly $12.60@12,75; top $12.80; sheep steady; ewe top $6; feeders strong to 1c higher; early salee range teed- ing lambs $12@12.40; feeding ewss $4.75 @5.50; breeding ewes full mouth- ed upward to $6.30. 0000; lambs Denver Prices. DENVER, Colo., Sept. 30.—(U. 8. Department of Agriculture.)}—Hogs 2,000; early sales, steady; many late arriving loads unsold; desirable 190 to 245 pound averages, mostly $10.40 to $10.50; some held higher; few garbage hogs, $10:25; packing sows, steady, mostly $ to $8.00; few stock pigs, $7.00, Cattle—-Receipts, 2,200 100; stead: to $5.60; grasa cows, $3.25 to $4.25; mixed cows and heifers, $4.75; bulk cutters, $1.75; plain to good vealers, $6.50 to $8.00; Idahos, $5.00 to $6.50; early sales feeders, $6.25 to $6.50, Bheep—Receivts, 10,500; part of run through; balk of offerings ewes CLS HEAWY IN “SOCK THADING | Many Other Issues Develop Higher Trend on Ex- change Sept. 20.—-Uneven evments characterized to- nlet stock market, which was featured by the strength of South: western Rallroad issues, several of which touched new highs. Sales ap- proximated 750,000 shares, NEW YORK, | NEW YORK, Sept. ary price movements the opening of toda: ket, further selling apparently be- irs induced by the stiffening of Initial changes as a ‘e small, Olls continued to react on unfavorable trade news and the low and medium priced ral fell back on profit taking. Early Geclines were tended to 1 noint or more In a dozen stocks, ing Atlantic Refining, Famous ers, Cusman's Bakery and Texas Gulf Sulphur, while American Baldwin, Colorado Fuel and ral others yielded fractionally, quently bidding up of Atchison and other rails and public utilities steadied the list. Consolidated Gas of Baltimore was lifted nearly three poluts to a record high at 151% while Colorado and Southern touched a new top at 42%, up 1%. General Electric, Missour! Pacific preferred aol American Foreign Power and the certificates advanced a point or more. Poreign exchanges opened steady. Although the and a few spec lalties continued heavy, prices gen- erally showed an improved tone In the late morning trading despite a higher renewal rate for call money. Costen was hammered down to a& new low at 22% and Standard Plate Class and Columbia Carbon estab. lisked new minimum p: at 18 and 39% respectively American Can was in rather free supply on the declaration of the regular quar- terly dividend of 1% per cent but exceptionally gbod buying made its appearance and the stock rallied a point from its low figure. United Drug was marked up 3 points and General Blectric, American Tobacco, American Water Works common, Worthington Pump and William Wrigley also recorded substantial gains, Lehigh Valley touched 61%, the. highest. price since the segrega: tion of the coal properties. Call money renewed at 2% per cent. Profit taking began I; the Gen. eral Ust when General Electric sud- denly broke ever four points from ita high figure and Northtrn Pacitic and Wnion Pacific became weak. Previously thore had been quite an array of substantial advances in a varied assortment of stocks with -odyear Rubber preferred touching and St. Louis and San Francisco preferred, 69, both new high Slatires, The closinis was irregular, Mi sourl Pacific common and preferred were lifted up to a new high level in the late trading and there was good buying of the Wabash issues, but some of the industrials were weak, General Baking broke four points. Foreign Exchange NEW YORK, Sept. 30.—Ioreign exchanges, firm. Quotations in centa: Great Britain, demand, 445 7-16; cables, 445 11-16; 60-day bills on banks, 442 11:16. I'rance, demand, 5.27; cables, 5.27%. Italy, Gemand, 4.37; cables, 4.37%. Bel- gium, demand, 4.82%; cables, 4.83. Germany, demand per trillion, .234; Holland, 38.54 Norway, 14.1 Sweden, 26.5! Denmark, Switzerland, 19.03; Spain, Greece, 1.74: Poland, .19%; %; Jugo Slavia .0014%; Rumania, gentine, $6.10; Brazil, 10.55; 4044; Montreal, 100. cot habla CREE POTHIER GOES ON TRIAL TODAY (Continued from Page One) corners of the United States to focus interest in one of the most remark- ablo criminal cases in American jurisprudence, In the crowd were the greater part of the eighty witnesses who have been summoned from all parts of the country to testify for both sides. There also were the 100 veniremen drawn as potential jur ors, the considerable army of attor- neys tor the government and for the de , netive and retired army officers, secret service men and scores of others. Pohier was taken from his cell in the eounty jal half an hour before court opened ard was taken to the United States. marshal's office on the same floor as the court room pending the opening of court. Poth- ler seemed cheerful and unconcern- ed. He joked with those who talked with him and appeared to enjoy being photographed. Attorney Maurice = Langhorn, chief defense counsel, joined Pothier and eseorted him into tho court room Robert Rosenbluth trial on 9 murder tion with Major and his attorneys 30.—Reaction- prevailed at stock mar also awafting ree in connee- Cronkhite’s death, 80 were present. and feeder lambs; early sal steady; few salca fat lambs, $ few fat ewes, $5.25; few loads ewes with breeder end, 35,35; few feeders. $4.00; feeder lambs, slow; asking higher. PAGE SEVE Livestock :: All Markets GRAIN DEMAND STRONG AGAIN = New High "Prices Chalked Up by December and May Wheat CHICAGO, Sept. 30.—Fresh buy: Ing on the part of houses with ex- pert connections lifted the wheat teday to a new. high price recor bogh for the December and the May delivery. After European demand for flour as well as wheat, was reported. Besides in some quarters much stress was put on an estimate that the United States department of agriculture that the total overseas supply of wheat was 685,000,000 oushels, a total greatly below re; cent estimates from European au- thorities. Opening prices which ranged from %c lower to %c higher with December $1.40% to $1.41 and May $1.46% to $1.46, were follow- ed by a slight additional sag for de ferred deliveries and then by mater. ja} gains all around. Subsequently all deliveries of wheat and rye outdid the previous top prices this season, Profit taking tales led to something of o reaction in the last, The close was Unset- tled Yo to 2%o net higher, Decem- bor/$1.41% to $1.41% and May $1.47% to $1.47. Corn and oats turned up grade 2wing to sympathies with wheat, At first, however, the eorn market was rusier as a result of current opin- ons that most of iio frost so far reported was of @ character likely to benefit the corn crop. After opening at 4ic off to Yo up December 91.0949 to $1.09 showed a moderate general decline then scored gains. Later the buying power waned, notwithstanding an ynofficlal esti- mate that the 1924 crop would total only 2,458,000,000 bushels as against 3,000,000 bushels, the govern- ment September stimate, The close was frregular at half cont net lower to %e gain, December $1.09% to $1.10. Oats etarted unchanged to "%o higher, December 5214¢ to 52% c and later held near to the initial range. Higher quotations on hage stead. fed the provision market. Wheat Open High Low Close Sept. ~--- 1.38% 1.40% 1.88 1.89% Dec, wane 1.40% 1.42% 1.40% 1.41% May ---~ 146% 148% 1.46% 147 Corn— Sept. ----1.13 1.13% Dec. ~--~ 1.09% 1.11 May -.-- Lilt 1.13 Oats— Sept. ADM 50% Dac, 52% BIK- May .--- 56% 57% Lard-~ Sept. -~-.13.87 13.95 13.90 13.90 1.123% 1.12% 1.09% 1.09% 111 1% A8Te 0% 53% 52% ORM 56% 18.87 13.95 13.77 13.77 15,82 13.89 Ost. op 018.57 Nov, 13,85 Ribs— Sept. ----11,80 11,90 11,85 11.80 11,85 11,80 11.85 11.95 18.50 13.45 13.05 18.43 13.55 CHICAGO, Sept. 30.-Wheat num- ber 3 hard $1,40@$1.41%5. Corn number 2 mixed $1.18%; number 2 yellow $1189 $1.14. Oats, number 2 white 51144 @52; number 8 white 49o @50c. Rye number 2, $1.20%. Barley 83@84e. * Timothy seeed 64,’ reee Hl 5.50@ S25. $1.13 Ribs $13. M0. Bellies $13.62. MIDWEST SEES GREAT RALLY (Continued from Page Ons) found wanting in the 80 years he has served in the senate. Before he was elevated to the highest posi- tion the state could bestow on him he was a member of the Wyoming legisiature and also governor of the stato, “dt {s.foolish in politics and tn buain said Mr. Ditlon “to place @ man at the top of the ladder to start wi Hht es.louhdetfoundw start with. He should start ot the bottom it he has the ability he will work his way to the top and be the better for his experienee.” aries E. Winter, congressinan, who is a candidate for re-election, s ulzo commended by Mr. Dillon for his untiring work and his gin. cerity In the Interests of Wyoming. _— Lee &. Miller, bureau of mines engineer, is now in at the bureau's offices here. He spends much of hts time attending to matters having to do with natural gas problems in all perts of the state, instead of contin. entirely to Salt Gas Smuggled Into Canada REGINA, Saek., Bept. 20.—S8mug- fling of large quantities of off and from White Tall and over the Saskatche- ine has resulted in the Canadian customs patrol off at East Popular river issuing orders requiring all persons crossing the international border to call at his ‘office. Penalty for neglect to ob- serve tue order ts $50 fine, with or Without thirty days imprisonment Market koreans for ome two more wells near ins, Colo., pepe the Fort Collings Producers, ® subsidiary of the Union Oil com: pany of California. One is about 1,000 southwest of tho Whitaker well on the NW% of section 30-868, and the other js on the SW SEM of section 19-868. The cellar has bear dug at the first location and rig Umbera ara being hauled to the site. Work at the second location will probably ret be started until the tatter part of the week. Big Lake Progress. The Midwest Refining company Hepp well is on Big Lake structure in Montana is now drilling at a depth of close to 4,000 fest, having completely passed through the Da- kota sand, finding it 115 fect thick. The Moddrell, an offset to the Hopp, got water instead of gas, In the frst Frontler sand. Hepp ob: tained gus in the same sand. This well is drilling at approxtmately 3,000 feet and must go another $00 feet at least, it is thought, before reaching the Dakota. On section 13, the Putnam well ts down 2,900 feet and has picked up some gan. Southwest of the Hopp and Mon: droll wells, the Luce bore is at 1,300 feet, having passed through the Eagle sand. Test on the Price lease is going down at 400 feet, while the Red Lodge well, started 60 days ago, has reached 2,300 teet. Taps Sunburst Production. Just below 1.400 feet, Alexander. Campbell well No. 1, SE% NW of section 18-55, Kevin-Sunburst fleld in Montana, has struck production. The hole filled with oll which ts coming up throvgh 200 feet of ca ings, it is said, This well is by leved to extend the area of the field considerably. Placing Drilling Machine. A Laidecker rig is being moved to location, Wi% section 3427-113, La- Barge field in southwestern Wyo ming, by the Wyotah Ol} and Gas eompany which wil! dril; for shal- low preduction. On the Et section 3427-113 the Wyotah has a rig erected and should be spudding by the middle of October. LaBarge Location Made. A location for a well on section 2-28-113, LaBarge field, has been made by the Tip Top Oil and Gas company. The cperation is being held until the arrival of a rig. Sand Shows Water. Water hag been obtained by the Superior Oj] and Gea company in the sand jn the LaBarge fleid be- Ueved to be the same horizon from which the Newlon wells are getting oll production. The Superior well is located on section §-26-113. The New- jon wells are on another part of the same section, Whether or not the sand in the wells of both companigo fs actually the same or ts lenticu- lar, hes not been determined. mar Piney Well Spudding. Clinton et al are spudding a well on the NW, section $1-29-113, Dry Piney district in Sublette county. The Dry Piney fleid ts not far from the LaBarge area. Sand Draw Location, Wg timbers are on the ground at ‘ocation, SW'%, section 2-44-96, Hot Springs county Sand Draw struc: ture, for a buliding and a derrick. MacPherson interests intend drill- ing @ test well. Zimmerman Buttes Test. Zimmerman Buttes structure fn Hot Springs county fs being drilled by the MacPherson interests. The well which is on the NEY¥NB% sec: tion 28-44-93, is down 1,465 feet and nearing the Torehlight sand where production is expected. —_—_— Replacing Burned Derrick. To repla standard rig burned gome time ago on ita Hale Dome test in Hot Springs county, the Un fon Oil company of California is moving « National machine to loca tion intending to complete the well which i# down about 4,000 feet. Lake Creek est. A test of cline in Hot Springs county, section 34-32-91, wil! be dritied by the Union ON coynpany of Cabstornia whieh hy made a location for its w This test Is probably prompted by the successful venture of the Utah Oll Refining on the Black Mountaln structure not far distant where pro: duction was obtained in the ‘Ten- sleep sand. Paul Stock aril well on Luke Cyoek several ago but made no strike, Doodlebug Well Drilling, On a doodlebug or oll finder to cation aboyt two and a halt miles west of Cowley in Big Horn county, the American Indian Oj] company s over the well started thero by the Penn-Kentucky Ol! company. Drilling been resumed at 650 feet. S, To Produce Gag. At Enos Creek structure pring y near the Graso Creek. field, the Prodycers and Re- finers corporation is plugging back its test hole, m 92 feet to lich made about feet when ft validation the 4x com yante gas pand 20,000,000 cu svuck last ou Spring Creek A validation hoje pleted on the § ture, NW% se Activity. has been com- ing Creek struc: my 11-40-1023, tho N. Stanctiffe, Jy. Ow the same true ture. --Wi section 33-49-1 Clark well bas roacned g aeptn or the Like Creek anti-| the 2,745 feet and is tn the bot the Sundance series of san string of 6%-inch casing wa ped and parted and the co now has a fishing Job on {ts } Gasoline Price Cut. NEW YORK, Sept. 30 Standard Ol! company cf Jersey has reduced the pr Basoline one cént a gallon ti out the territory, making th wagon price 15%4 cent Following tho New Jerse) pany’s action, the Standard O pany of New York annour simfMar reduction. The culy met by the Texas company ar clair, bringing the tank waz in New York City to 16 «© gallon. PRESIDENT Tl LEAD WELCO (Continued from Page Ox par, although the former is @ hitter; Frisch excells Harris t bat and afleld; Peckinpaugh b eds9 On Jackson in experienc while Groh {s much abler Bluege. Calculations, however, mr: upset by the inability of the to put their full infleld stren; the field. Frisch seems cert Play but Groh is on the de« Ust. In addition, McGraw ha cated he may shift Kelly, w! filled in at the keystone b center fleld and play Terry a Lindstrem, 18-year-old schoo is tiret string substitute for Thus, with Terry at frat, Kr Frisch at second, Jackson at and Lindstrom on third, the would not look so formidable Ogures show. Grain and Stoc. Opinions Froi Brokerage W| tions warrant hig! Harris Winthroy argument in wheat. The pr corn discounts much of the t se in the situation. ulburd Warren: Al! sign: to higher prices for wheat, Thomson MeKinnon: Expor mess continues tn demand. coarse grain gituation persti| individua) argument for edvar We 2hIni classes of stocks sro selling high and that those who a ‘safety first”. Principals wil the most of thelr speculative| anes before or soon after Nov Pynchon & Co: We took strong afid active market with the probability that will enjoy @ sharp rise, as it ported that General Motors moved upward. me & Co,: Miller “a Co: Many tssu still entitled to higher price on actual worth. A careful is essential to thelr selection yields in relation to curre: money rates an important co: ation. Hornblower and Weeks: would maintain fatth in the ang hold stocks in the exped that thé current weel will increased activity and 4g strength. J. Bache & Co: This should mark the beginning broad bull market. cent of the August been recoveret. Trading ree at this time probably” will off last opportunities to buy these prices for three o _ CHICAGO, Sept, 2* ~Butte: a; creamery extras 3543@ standards Sic extra fiysta 34140; firsts 3114 @ azo; @30 BF KES unchanged; rm cases. SUGAR NEW YORK. Sept. 30.0 suger wae unchanged at §T, $7.00 for fine granulated wit y reported. Ti NEW YORK, Sept. 30.—~C; high 2%; low 2% ‘ closing bid 2%; offe: call loans a Time loans! jatera) 60-90 das months 3@3%; commercial paper 3%. POTATOES CHICAGO Minnesota and North De Red River Ohlos, $1.00@1.0 Dakota sacked Barly sacked People $1.3591.0U, accurting w