Casper Daily Tribune Newspaper, March 10, 1925, Page 7

TUESDAY, MARCH 10, 1925 UTAH SPUDS IN FOR TEST OF GEBO DOME Untiveliag of Lease Tangle ‘is Marked by ‘ Active Work to Test Possibilities ‘ of Light Oil Structure THERMOPOLIS, Wyo., March 10. —This pleasure and health resort town, homo of the Big Horn Mineral hot springs, largest in the world, has in a day been turned into a teeming oil metropolis, with giant trucks loaded down with oil rigs, tanks And other oil field materials’ parading the streets on their way to Gebo oll dome whers the Utab Oil Refining com- pany of Salt Lake City, has a large force of men at work spudding in the first well of that field. Title to Gebo dome was tiled up in Utigation for many years, but the matter wns unraveled by the federal government at Washington the oth- er day and the Utah Ot! Refining company secured title to the entire dome with the exception of 160 acres which has passed to the Ohio Oil company, one of the largest operat- ing companies in this part of the state. As s00n as title to the Gebo dome was secured the Utah Oil Refining CHEYENNE, Wyo., Match 10. — The Wyoming Stockmen's Loan com- pany has filed in the office of the secretary of state an amendment to its articles of incorporation which reduces its capital stock from $1,500,- 000 to $500,000, and which reduces its outsanding stock from $1,0011,- 950 to $500,000. Articles of incorporation have been filed in the office of the secretary of state by the following: company started at once to truck filling and storing materials from Casper to the site where the first well had been spotted, a distance of 160 miles. It is expected the first well will be’ spudded in March 12, The heavy trucks are passing, day and night, in a steady stream through Thermopolis, giving the town much the appearance of a ‘Texas and Oklahoma oil town. Geologists and capable oil men consider Gebo dome the most prom- ising undrilled structure in the state of Wyoming. There are 12 produc- ing sands within 3,500 feet of sur- face, Twe Frontier or Wall Creek sand is oNy 1,200 feet down. There were &7 people represented in the various groups battling for the title of Gebo dome and when the Plum dropped in the Utah yard ac- tion commenced at once. The new field will mean much for the prosperity of Thermopolis and Hot Springs county. Capital of Stockmen’s ; Loan Company Reduced ‘Western Irrigated Farms company capital stock $50,000, headquarters at Wheatland. Liberty O11 company, capital stock $50,000, headquarters at mawlins. U-Drive-It company, capital stock $5,000, headquarters at Casper. Elk River Oi] company, capital Stock $35,000, Teas at Cas- per. East Terraces company, capital stock $15,000, headquarters at Cas- per. AUTO. SHOW OPENS WITH THRILL FOR THE CASPER MOTOR PUBLIC (Continued From Page One) ext appeared in a Russian dance Which was cleverly executed and oc- casioned the?usual speculation as to how children so young could possibly haye such strength of the lower leg. Harmony de luxe was presented by a trio of young gentlemen from Denver who have aroused fame and fortune for themselves in the Colo- rado capital by thelr unusual orig- ‘inality. A Misa Crosby whom we believe also hails from Denver ex- ecuted an Oriental dance with some skill.in a doubtful costume. Through no fault of his own, John M. Whisenhunt, local distributor f\r Chandler was unable to display his Chandler coach, because of the non arrival of said automobile. The dis- play car is in Casper now, and will be on hand in its scheduled position tonight and every other night dur- ing the run of the event. Clarence West of the Big Six Mo- tor Co., reported a sale last evening soon after Jack Nolan reported his Initnal deal. W. J. Chamberlain has placed his order for a Standard Six S-passenger Studebaker brougham, and was one of the happiest men in the hall last evening. Joe BH, Mansfield announeéd late this afternoon that he will change his exhibit this evening and will show the new Packard Single Six five passenger sedan instead of th Packard Six roadster which was be- for ‘the eyes of the populace last evening. Lee Doud wishes to call particular attention to his display this evening. He will show the new Willys Knight Six, the car that Itas been the sensation of every bte city show in the East this year. At the booth of the Casper Motor company, the visitor to the show found the latest creations of the minds of Maxwell and Chrysler ehgineera, (Unusual interest was displayed In the Maxwell Standard Sedan which is really a leader jn its price class today. The Chrysler display will open Wednesday eve- ning and hold sway for the last two nights of the show, The Dodge Brothers Business Sedan on displgy in the booth of the Coliseum Motor company, was one of the high spots of the show and never failed to attract a crowd when the entertainment was not in progress. Mont 1. Robertson, man- ager of the Collseum is more than Pleased with the elty wide interest the 1925 show is attracting. The Ford Fordor Sedan with tts sturdy body formed part of the rl C, Boyle display last evening. eed'vas to say, the great Lincoln Sedan came in for {ts share of the exclamations for it played its part in the Boyle display. The Master Bulck enclosed touring car axd a flashy Special Sedan adorned the booth of the Casper Bulck company, and the salesmen who own Walt Storrie's organization as thelr home were kept more than busy through- out the evening. J. H. Leslie calls his prize display car the “Ricky Brougham” which is short for Rickenbacker Brougham, the really outstanding exhibit of the Paterson Oakland company outfit. In adition to this enclosed car, two classy Oaklands occupled the center of the public gaze. By dint of hard driving from Denver “Billy” Brown formerly of Casper and now with one of the Peerless sales agenciés of Denver, arrived in Casper in time to put the new Peerless Six Sedan on the Close flax Match 2.9 May 3.02%; July 7.991 display floor of the Nash Casper Motor company. In addition to this unusual showing, two handsome Nashs smiled their way into public favor. Oldsmobiles were glorified by the Natrona Motor company last eve- ning and will continue to hold sway during the remainder of the show. Plenty of exploitation in the’ form of a full page ad tn the auto show edition of the Tribune aided in arousing a great deal of public in- terest in the Olds display. , Last evening, the Nash Casper Motor company wu: space number eleven for displaying the Peerless. Tonight the R. N. Van Sant Motor company wfl,show the Marmon Sedan in that same space and ex- pect to have to remove part of the wall to fccommodate the crowd. In addition they will show those two famous coaches, Hudson and Essex. The 1925 automobile show has three more nights td run. There will not be another show for a whole long year. Better plan to set aside at least one of the three re- maining evenings for inspection of Casper’s new motor cars. It will be well worth your while, and wheth- er you invest in a new car or not, think of the education you may re- ceive in hearing the salesmen talk, >. ~NEW “WHITE WAY? ON SECOND AND WOLCOTT PUT 10 TEST TODAY Tests of the new “White Wa electric lighting system along Bi Second, Wolcott and Durbin streets were being made this afternoon by the Electric Construction & Supply company. The juice will not be turned on fe system until all the ghts have been thoroughly tested but the lights will probably be in operation by the end of the wee! ae’ BONDED LIQUOR SENT: BY EXPRESS oHIPMENT [5 CONFISCATED HERE Ten quarts of Peter Dawson Scotch quor, shipped out of New York City to F, J. Alder of Casper Wyoming, was yesterday welzed by federal prohibition officers. No such man as the addressee has been found, The lquor, shipped by express, was packed tn a wooden shoe box which had been fled with sawdust and tin packing strips had been nailed around the box to reinforce it. Cc. F, Peterson and Otto Plaga, federal agents, confiscated the ship- ment and sent it to headquarters of the department at Cheyenne, bac acetate at Flax - DULTUH, Minn., Mareh 10 April 2.99; New York Stocks Last Sale Allis Chemical Dye --------. American Can ... American Car and Foundry American Locomotive -. American Sm. and Ref. -. American Sugar -.-. oo aay American Tel and Tel. -.---. 13513 American Tobacco ----------. 86% American Water Works -- 38 American Woolen .. Anaconda Copper -..--------- 41% Atchison --..-.. waeweescenenat= 122% Ath, Coast Line Baldwin Locomotive -~. Baltimore and Ohio Bethlehem Steel ----.. California Petroleum Canadian Pacific -..--------- 147% Central Leather pfd. -... 56% Cerro de Pasco ...~. Chandler Motor -.-s-----. Chesapeake and Ohio... Chicago and Northwestern -. 67 Chicago, Mil and St. Paul pfd, 20 Chicagd, R. I. dnd Pacific -.-. 48% Chile Copper - Coca Cola . Colorado Fuel Congoleum ... Consolidated Gas Corn Products ------=: Cosden Oil --.------<-. Crucitte Stee] ------0-------« Cuba Cane Sugar pfd. ----..— Davison Chem. ~----« Du Pont de Nemour: Erle --. Famous Players -------- General Asphalt\.-.---------- 55 General Blectric General Motors -~. Great Northern pfd. Gulf States Steel --. <= 974% wowewnn= 79% Ulinois Central ---.. Int. Harvester — Int. Mer. Marine pfd. ~-- Kelly Springfield Kennecott Coppet «. Lehigh Valley ~-+--+~---.. Louisville and Nashville ---..~ Mack Truck «-.-. Marland Oil: ,-.-. Max. Motors A -. Mex. Seaboard Of Mo., Kan and Tex. --- Misosuri Pacific pfd. Mohtgomery Ward -.. Nat. Biscuit ~ National Lead New ‘York Central -=. N.Y. N. H. and Hartford Norfolk and Western North American’ ~~. Northern Pacifio --~: Pacific Oi! Pan Am. B Pennsylvania -. Phila and Rdg. C, and.I. Phillips Pet. Pure Oil Reading Rep, Iron an teel -. Reynolds Tobacco B «. St. Louis and San Fran . Seaboard Air Line ~. Sear Roebuck +--< Sinclair Con. .. Sloss Sheff Steel OX GI. anne 89% Southern Pacifte -. weeee~--= 137 = 126% Standard Oll, Cal. -. Standard Oil N. J. Stewart Warner Studebaker ‘Transcont. Oil Union Pacific .--. United Drug U, S. Ind. Alcohol -.-.., U. S. Rubber -..2....-.-. 40% . S. Steel -... 122% Utah Copper -. 87% Wabash pfd. A -. 62% Westinghouse Electric «. 71% Willys Overland ~. 1% Woolworth ....-. Bid Ask Bessemer ~ 12 lt Boston Wyoming .«. 26 Buck Creek .-..... 5 Burke -----. Blackstone Salt Cheek 20 22 Chappell -------.-s---- 06.08 Columbine - Central Pipe -.------ 1,00 1,26 Consolidated Royalty-.1.04 1.06 E. T. Wiliams ... 09% 10% Jupiter 04 Gates -. 08 09 Kinney Cos 09 20 Lance Creck Royalty . .01 A Mountain and Gulf ... 4, ed 1,65 Pieardy --~+-<--. Presion -------------- Red Bank -~-.-~.. — Royalty, and Producers Sunset Western Exploration - Western States Y OW —.... Mountain Producers . Glenrock Oil -..-.---- Salt Creek Prod, -...-. 24.62 24.75 Salt Creek Cons, -----. 7.37 © 7.75 New York Ol] ----enen- 8,00 9.75 Continental --------20- 27.50 27.76 S. O, Indiana BIg Muddy -----1eeneeneneneden, 1.60 Mule Creek ~-----------s2s---- 1.26 Sunburst EES Hamilton Dome ..------------- 1.05 Yerris - . Byron NOtChes - scccecccenvecewcacee= +66 Pilot Butte ~..se--w-----------5014 Lander . s---de----cnneenenee -70 cicaiedatediepweniionen Stk jeonenccnwnncess seasons 1.30 Cat Creek ....... a Fr id Lance Creek mam 1.95 Os: ge -----. eewwennnsevnne 1.95 Gras Creek Light 2.00 Greybull - ------.--------<---- 2.00 Torchilght . --------------—-— 2.00 Blk Basin ~----s---secegeneee= 2:00 Rock Creck -...... Salt Creek — a wowncecen 1.70 -~ 1.60 - = cneace :: Bonds :: Stocks :: WS AND QUOTATIONS BY LEASED MONEY RATES BEAR oTOCKS Decline Sets in on New York Exchange as Uncertainty Develops. DRIVING BASE OF CHEVROLET [a oT REGED Smooth motor car operation {s one of the most desirable qualities in any automobile today because of the e: tensive and constant use to which the average car is put on both short ana long trips. The thousands who have purchas- ed the new Cheyrolet report that the driving of this car requires little phy- sical effort, due in great measure to the perfected single plate dry disc clutch. This new type clutck not only starts the car smoothly and operates with only a Mght pedal pressure, but has such large jcontact surfacé that it delivers all the power all the time. It requires no lubrication. ‘While the new type clutch {fs one of the most obvious of the mechani- cal features, it ds only one of the many features that makes for easier driving qualities, more ‘sturdy chassis and more economical opera tion, To improve. the riding qualities, the new Chevrolet has been equip: ped with new semi-elliptic springs They are chrome vanadium steel, the rear springs being 54 inches long and the front springs 36 inches long. To lower the center of gravity and im- prove the roadability of the car, the rear springs have been underslung. Both front and rear axles are now and have been greatly strengthened. The front axle has been strengthen- ed and redesigned to accommodate the semi-elliptic springs. The rear axle is entirely new and has a one- plece banjo type housing similar in construction to that used jn the more expensive cars. The frame tg longer and stronger, is constructed of channel steel and has five sturdy cross members’ in- stead of four previously used. he already famous Cheyrolet mo- tor has been refined and improved in many wa: such as heavier crank- shaft with larger connecting rod bearings, longer and larger center main bearings, shorter intake mant- fold bringing the cafduretor closer to the cylinders, insuring better car- bufetion and easier starting; rocker arms and valves completely en- closed. The improved olling system to- gether, with large bearing surfaces tends to increase the life of the mo- tor materially. The shorter intake manifold not only makes for better carburetion and easier starting, but also for smoother operation, due to the better distribution of gas to the eylinders, combined with the heavier and well balanced crankshaft. ‘The instrument board has been re- fined in design and appearance. GEE iS NaI EXPANSION OF Robert Fulton, steamboat inventor, built a submarine boat for Napoleon. PIERGE-ARROW SHOWS FAITH By MYRON E. FORBES. (President the Pierce Arrow Motor Car Company) The rapid-expansion of the activl- ties of the Pierce-Artow Motor Car company during the past year has developed an unusual amount of public interest and comment. Because of the nature of our product, Pierce-Arrow always has been accorded a place of distinction. Therefore, it was a matter of r news to many thousands’ of people last summer when they learned that we had taken a step which would bring the name Plerce-Arrow into still greater prominence in the in- dustry. The growth and the prosperity of the automobile industry is closely linked with the prosperity of the country, Economists carefully con- sider the opndition of the industry in forecasting " géneral business trends. This undoubtedly accounts for much of the interest which the publié takes in the ffairs and destinies of the more tr int companies. The most cloquent expression of our faith and confidence in the fu- ture {s the program upon which We are engaged. We are building and will continue to bujld our high-priced type of ears because we belleve there is a pe manent and ever-increasing market for cars of this type. We have entered upon the pro- duction of n moderately priced car of qwillty because we believe the public now recognizes the economy of investing in a which will Serve a longer period of years We hav » with the need for more ec and more pro. ductive motor trucks by the further development of our line of motor trucks because we believe in the vermanence of the. motor truck market. We have created and are produc: Ing a modern type of motor coach because we foresee the tremendous growth that will take place“In this phase of mass passenger transpor tation. In doubling the number of our products—four, instead of two-we have done far more than to double the field. which we serve. The moderately » priced Plerce-Arrow alone takes us into a passenger car market eighteen times as lurge as we formerly served. And the motor coach brings us into a field which is increasing so rapidly that pro- duction estimates are being revised almost fre KANE les of flour are confined to small lots to meet {m- mediate netds, according to Kansas City millers. No improvement has been shown for ten days, PAGE SEVEN Che Casper Daily Cribune Livestock :: All Markets, WHEAT PRICES GORE GAINS Government Report on Farm Stocks Proves Bullish In Chicago. Grain NEW YORK, March 10.—Pabiica- a favorable United sel corporation tonnage report and a brisk rally in wheat, governrment cr > ignored by tod: CHICAGO, March 10,—Influenced s rnment’s report of farm stocks of wheat a material up- turn in wheat values took place day as soon as business began. some quarterg, the relative ness + of domestic supplies sald to ies was referred 's stock mar- reflection of speculative pneasiness over the money situation. sales approximated 1,500,000 which ensued the May delivery ings increased and gains failed: 2 The openfng, sinty over the trend of money rates used fresh selling of stocks at the May $1.84% @1.851g¢and July $1.63%4 to $1.64, was followed by numerous was shown changes within Imits of a ral issues, including various oils and specialties. Subshquentiys the part pf commission houses gave the market a big now and near the last the May y rose to 189%, but quickly re- % points to the high- since begregation publis utility continued to response to resumption of was unsettled, 1 § Early losses were extended as of- 0 Sei: and July, ferings increased, grade dividend pay as American Locomotive and Louis ville and Nashville, each of which Paul preferred re- acted 14 points on eelling inspired by uneasiness over the outcome ét the road's refunding Pittsburgh coal was heavy sult of the sharp drop in 1924 earn: Loose Wiles Biscuit, can Safety Razor and the Commer- clal Solvents issyes fell Several issues which mov- ed counter to the general trend in- cluded Alls Chalmers, phait and Maxwell Motors “B" up 1 ‘5 Foreign exchanges ng stocks such} Corn and pte were responsfve to wheat strength, After opening at Yeo off to 2%¢ up, May $1.28% , corn scored moderate general but later reacted, were established in the final hour when .w! were at the day's maximum, closed nervous, higher, May, $1.30% to $1.30B, ted at %c decline to %c advance, May 50 to 50%c, and then showed a little more firmness. lost a point. General As-| higher in the absence of any agres- Open High Low against charges of the government that the leases wes in a court hearing which opened at Cheyenne, Monday. LIVESTOCK Omaha Quotations. » Neb., March 10.—(U. Agriculture).—Hogs , 10@15¢ lower, bulk nd butchers, % rattle—8,50 ; fed steers and year-| J Nighi: quality vibe ‘coved; tive, steady to s * Sheep—12,000; the lease, of the petr heavy lambs, r 90 pounds a big ,ots more; bulk light and ght fat lambs, contract, th Witness testified, was prepared by Fall, who “iso made a number of changes in the pharseology of the lease draft, and G. K. Thomas of} jo Denver concerning negotiations for a}4, leas on the Teapot Dome to Edward Doheny and the Pion finipg company. Thomas’ deposition als whereunder the Societe Belgo and the Pioneer comp; the in certain por Dome in con which claims then were quit claim | age of the MONEY ; sheep, stead: shearing lambs, NEW YORK, money firm; high 4 ing rate. 4%; closing against acceptances 3%} time loans mixed collateral, 4; 4-4 months 44% paper 34 @4. low 4%; rul- id 4%; offered + Prime commercial 10.-—Butter, higher; creamery extra, 49140; stan- ; extra firsts, 48440; firsts; 41@450; seconds, company fn fulfil arket Gossip The financial district does not ex pect that the report of the engineer ing firm of Coyerdale and Colpitts on POTATOES 10.—Potatoes, early morning trading slov about steady. 3. shipments 6! sacked round whites 5c; fancy $1.1 ta sacked round whites $100@$1.05 Je public for two weeks. Bankers representing the road and , are holding confer- ences here, which hus intensified in- 3; Wisconsin $1.00@ $1.10; Paul ‘and its $48,000,000 bond issue maturing in a few months. given by E $).50; sacked Bliss Triumphs fancy $1.50; Idaho sacl:ad Rus 5 hie these, ¢ earnings of the nIBAISEUED <= FOR MINHANGE bail*fer examination next 3d secret service agent Mdges and Mr. da great nume bbl Browne dem that they poy him '$12,5000 had replied to many of these Steel Orders Show Increase) William Wrigle COTTON NEW YORK, Ma SUGAR 10.—Refined sugar was steadier and unchar 10 points hi from $6 to $6. + Refined futures were nominal. Bugar futures closed stea proximate ss —_— Ld » March 10.—Unfilled Foreign Exchange publiQ today, A48 tons compared NEW YORK, with the end of the preceding month. Bahl As aL sti Mareh 10.—Yorelgn Britain demand 476%; Jeff Smith, who°has been out of the ring for some time, will be seen . France dema Italy demund 4,06 a SILVER March 10, when he will hook up for eight rounds at Lancaster, Pa., iton, a promising junior REN SS EEE entatives of the are the coursing | ne greyhound family f dogs of the eS = ‘DEFENDS OIL LEASES | SINCLAIR (§ COURT HARRY F. SINCLAIR + Harry F. Sinclair is defending the | he holds.on Teapot Don obtained by frat GOVERNMENT PILES UP EVIDENC! IN TEAPOT LEASE TRIAL TODA (Continued From Pa to early negotiations & and the One) merly in charge of leasing oll lan: Sinclair for | for the government, gave verbal te preparation in the | timony during the morning sessio, 3 draft of the pre | This examination, relating to infc Arthuy W. Ambrose ot } mation possessed by the interlor d formerly of the|partment concerning placer olain chief petroleum | within the Teapot Dome resery technologist, relative to estimates | prior to negotiation of the Mammo early in 1 prior to the granting of | lease was brief. um content) whe deposition of Arthur W. Ar pot Dome and tie Salt Creek prose of Bartlesville, Oklahomn, fo and preparation of the le merly employed by the bureau reamble of which, the $08 chief petroleum téchnol gist, told of a visit by Harry F, Si clair to the office of A. B. Fall, Se jretary of the interior, in Februar and of Fall thereafter callir Ambroso and L, F. ‘Eaay, 3 charge of the leasing of governme: oil lands, and showing them a mer orandum by Sinclair relating to proposal by Sinclair to lease the Te pot Dome reserve. Ambrgge test ty duit claim tol rea that ho ptepated at Fall's 1 mmotly their claims to ttle | Guest an estimate of the ofl conte: ons of the Teapot | or the Teapot Dome reservé and deration of $1,000,000, | ouinion on the possibility of dral reserve through wells the adjacent Salt Cree field, Fa Oil and Re- with thi» settlements to the government by the Mamr nt of its eontract aa : Ly the | Be sald, wrote the preamble of t! to clear the gove n ENG Hleaee to the. Mammoth and fro: serve. time to time personally nade nur he government also read in a do-| erous change ition by Roy W. 'Talman, a spe agent for the interior depart Ambrose's deposition said that ment in 1921 concerning information | Webruary. 1 mi eatimnted ehd which he, in the prese had.glyey Fall in December, of Dome reserve might ec 100,000 barrels of ofl and tt concerning the character and \ adjacent Salt Creek field possibly « ity of adverse placer claim locations | much 500,000,000 barrels in the/Teapot Dome reserve. The re Just before the noo recess cou port which Talman then made -(6| se] for the government read into t} Fan was read © record. Its} record the application f leaae c tendency was to rm testimo: the Teapot Dome property: made t Jay that] the Mammoth Oil company 1 none "that de d a lette Sinclair ¢ earlier t servé serious consideration,” the lth “department stating th shallow well claims hav-| it t ed the Ma *been drilled lor f the v jmoth he would become the ownr ot ea por’ Domne ane’ of t tal of thh try.a § ion t $ I , 1 4Nonoer ¢ basis of the Mammot ttlement | and Ret to the Mar vith the § B the Pioneer |r mp relinquishing elain company and Shaffer |‘ lunds in the "Tes Apot Dome resers Government counsel introduced cs! 4nd of a quit claim by the Mammot exhibits letters written by Harry 1°.| ‘0Mpany to the United States, eo th Oil cor {ering the same lands, were filed pany, Mar to the ‘aterior | government “exhibits, department, TI lotte — d that It the le on tho Te Dome reserve were granted to Ht Mammoth company he would be the ewner of ull t « toek rn ft the Mammoth; Th th t saat RAMONA Thomas’ deposition revealed th at | J.LMurphy under crogs examination the witness | Ss Meneger admitted that the Vione¢ | an Francisco had made no formal bid £ 174 Ellis St. near Powell because the Mat h Loxu: Was more favorable from the govern: || jr rows accom: tions ment’s viewpoint than any preposal rates Hatin reste otel the Pioneer was prepared to make, | Deporitional mony read oarlter | all rooms are pasha in the day had brought out that a rooms ¢ private bath repregentative of the Texas Of] com: | rooms the same role ) a had negotlated fora lease | on the reserve, | 1 person 2" pidor 2 persons 3? poy DEPOSITIONS ARE | ‘Twin Beds 4% py RE AD INTO F RECORD wee 6 | caf th shige (By The Associated Pross)—Trlal all reem Fr gai a L: BOverDIAee AINA Popranauiaant | Mf eee the Teapot Dome ng this morning inve reading of a series of der soxitio L made by witnesses for the err ment who, are not pres the trial The der t th of Colon: for Harry \ 1 é