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Newspaper
Casper Daily Tribune
Location
Casper, Wyoming, United States of America
Date
Dec 20, 1922
Page
2
A summary of New York bond quotations shows various government and corporate issues with yields and prices. Notable entries include Kingdom of Belgium 6 percent notes, Kingdom of Norway 4 percent bonds, and American Telephone Company issues with differing percentages.
Opening prices were irregular but overall market drifted upward with railroad shares in demand. Gains appeared in Northern Pacific New York Central Delaware and Hudson St Paul and Katy preferred while industrials rallied in Mexican Oils American Tobacco Studebaker California Petroleum and Standard Oil of California. Weakness surfaced in Bethlehem Steel and some minor oils as selling pressure increased late.
Call money panics high 4 percent and low 4 percent with ruling rate at 6 percent. Closing bid 4 percent and offered at 4 percent. Last loan 4 percent with call loans against acceptances. Time loans steady with mixed collateral. Prime commercial paper at 4 percent.
Butter and egg markets ease in Chicago trading with lower quotes for butter fat and egg receipts. Butter: lower, extra and standard classes prices listed. eggs: receipts 2,158 cases with ordinary and miscellaneous grades reflected.
Copper firm on spectrolytic data and nearby futures around 15 percent. Tin steady near 97.7 to 98 cents. Zinc quiet with East St. Louis delivery around 0.05 to 0.16. Antimony quoted 4.25 to 6.50.
Wheat touched new highs in early trading but reversed to losses as profit taking rose. May and July prices swung with export hopes limiting declines. corn followed a similar pattern while oats gained then fell. Hog and pork quotes listed with mixed commodity losses.
Potatoes steady on good stock, dull on ordinary stock as receipts reach 40 cars and total U S shipments 419. Wisconsin sacked round white 80 cents per cwt with modest 86 72 for cwt. Minnesota sacked and bulk round whites No 1. Idaho sacked Runsets No 1 for sales at 1150.1 cwt.
In a December New York note, foreign silver 62 percent and Mexican dollars 477 are listed. The piece mentions an old superstition that eating four mince pies at Christmas ensures a happy mouth in the next year, and ends by urging readers to use Tribune Want Ads for results.
Middle States Oil corporation announces the appointment of C S Lake as Chairman of the Board to oversee transportation facilities in oil regions. Lake brings decades of railroad management experience from St Louis Southwestern, Norfolk Southern, Seaboard Air Line, and U S railroad administration. The plan links Middle States with Southern States Oil and Chicago Milwaukee & Gaul to operate in Louisiana Arkansas Montana Wyoming with a new marketing district. The company emphasizes steady, debt-free expansion focusing on production and profitable transit facilities for public benefit.
United States Department of Agriculture figures show hog receipts at 23 000 with early prices higher and later dull. Cattle receipts 10 000 with beef steers and veal varying. sheep receipts 14 000 with fat lambs slow to steady. Prices quoted include hogs around 8.20 to 8.30 and beef cattle near 11.60 for top steers, with varied quantities across grades and weights.
USDA market notes show cattle prices mixed with steady heifers and steers. Beef cattle range with top steers around 10.20 per hundredweight and bulk cattle near 75.00. hogs and lambs mixed amid weak feeders and strong sheep demand, with ewe and wether tops noted.
Denver market daily cattle receipts around 1 000 with steady trend. Beef cows and heifers priced from 49 00 to 77.00, calves 7.00 to 8.00, stock cows and feeders 3.60 to 7.40. Hog receipts about 2 100 with strong market, top 6.36, bulk 7.76 to 8.16. Sheep receipts 2 600 with steady market, wooled lambs 12.60 to 14.96, feeder lambs 17.00 to 64.20.
In Apa tradition a Christmas urn lists participants for social gatherings. Names drawn are said to reveal fate for the year, pairing young men and women who are believed to be ordained for friendship and reunion among peers.
Reports from L F McMahon of Superior Syndicate say the Sheldon structure well shows over 700 feet of oil in the casing and rising gas flow about 2 000 000 cubic feet per day. Casing is being run and cleaning may start tonight with a potential Christmas reward for unit holders.
A new field named Genoa structure was reported about twenty miles northwest of Great Falls Montana. The discovery occurred on section 20464 at approximately 2200 feet with the oil described as black.
The American Petroleum Institute reports a 0.35 million barrel drop in domestic crude oil stocks east of the Rocky Mountains for November. The change reflects assorted increases and decreases from contributing companies adjusting general crude inventories.
Thomas W. Lamont of J P Morgan explains full year earnings cover preferred dividends. He notes a likely surplus near 4.8 million after depreciation and dividends, with third quarter improvements offset by losses. He cites German loan prospects as blocked until reparation and deflation conditions improve. Ohile Copper Directors may declare a dividend as Loupe votes favorably.
U S agriculture figures show a 26 percent rise in feeding sheep and lambs for slaughter in the western irrigated region, with Kansas Nebraska posting 20 percent gains and Colorado up 39 percent. The corn belt also rises about 10 percent, while Montana lags behind. Shipments are set to climb through January and February.
Rail traffic in the United States rose 5.89 percent in the quarter ended September 30 compared with the same period last year, reflecting continued economic shifts.
Foreign exchange in New York on December 20 shows easing demand and varied quotations. British pound, French franc, Italian lira, Belgian and Swiss currencies are listed with demand and cable figures, including Germany, Netherlands, Norway, Sweden, Denmark, Spain, Greece, Poland, Czechoslovakia, Argentina, Brazil, and Canada alongside bid and cable rates.
Public notice lists assessment roll certification date November 20 1922 and redemption window ending December 22 1922. It informs owners of liable parcels may redeem all or part of the assessment at cost and without interest by payment within the stated period.
A public notice from Casper Wyoming dated December 11 1922 states that owners may pay the entire installment of an assessment unpaid with interest at six percent per year to avoid future payments. Payments are to be made to the City Treasurer J M Van Doren with the notice published December 16 to 28 1922.
In Denmark a tradition keeps the salt cellar on the table all year to ensure good judgment and luck, a practice observed through the Christmas season and cited as a folk belief in households.
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