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Newspaper
Casper Daily Tribune
Location
Casper, Wyoming, United States of America
Date
Jun 09, 1922
Page
2
A partial OCR item mentions community matters and local names in a terse record. Readable elements suggest a brief public notice or column note, with no solid event or date fully readable. The fragment implies civic or neighborhood interest without clear actions or outcomes.
Officials of the Mosher Salt Creek syndicate report drilling 1550 feet in their second well in section 19 and expect to strike the regular Wall Creek sand. The adjacent No 1 well is producing about 175 barrels per day. Mosher and King plan a new well for Ohio in section 40 with the rig up and operations to start tomorrow.
Wheat rose today on improved export demand and strong domestic millers seeking supplies, aided by corn strength. July wheat traded around 1.15 dollars while September near 1.14 plus, with a nervous close and late profit taking tempering gains.
Livestock receipts show cattle at 5000 with steady trends. hogs 32004 receipts with mixed near steady to lower. sheep 11000 receipts mostly 25 cents lower. Bulls and beef steers price ranges noted. top hog price $10.05. cattle bulk beef steers $8.40 to $8.90. lambs around $14.50 top and $8.50 culls. In Omaha, hogs active 5 to 10 cents higher. top $10.45. cattle receipts 1600 with improving buttten grades cited.
A condensed catalog of bond securities with bid asked marks and yields for American Oil American Sugar American Telegraph & Telephone and numerous international issues. The list includes government and corporate issues from Can Pac Ry Boel Cop Cub Cuba and more with prices around 90 to 110 and yields spanning single to double digits across decades and regions.
Paul Minnesota June 9. Great Northern railroad reports 1921 net income after taxes and fixed charges of 25 400 926 dollars. Earnings per share 11 41 on 249 477 150 dollars capital stock. 1920 earnings were 7 74 per share. New York June 9. Dispute continues between Northern Pacific and Great Northern over interest charges from refinancing joint Chicago Burlington and Quincy holdings. Amount exceeds 575 000 dollars annually with potential doubling. Arbitration underway as noted in report.
Chicago June 9 buyers show higher poultry prices with creamery extras cited. Live fowl steady to unsettled as prices for broilers rise to 35 cents per pound and other poultry items see modest gains amid receipts and demand.
A sequence of fractional and whole- percent quotes shows Allied Chemical, American Sugar, American International, and others trading with varied gains and losses. Heavyweights like General Motors, International Harvester, and United States Steel appear amid a broad list of industrials, oils, and rail firms reflecting a volatile market.
Heef steere fully steady with top at 9.00 and medium yearlings slow. Other stock classes steady. Sheep receipts 3,000 with all classes steady. California springers 14.25, clipped Jamba 12,765, choice Uight ewes 6.25.
Frank B. Taylor of Casper contributes a feature in the Ol and Gas Journal tracing Wyoming oil development from pioneer days to present, praising Casper as the prize baby and noting capital outlays, refineries, and wells. Two illustrations accompany the piece.
The New York Stock Exchange announced the expulsion of Noel L. Carpender, floor member of Carpender Caffey and Company, from membership. The firm was declared insolvent on May 9. Michigan reports nearly 12,000 tool makers, the highest in the nation.
Trading ends with a heavy tone led by oil shares and declines of 1 to 2 points. Volume nears 950,000 shares as Union Pacific Reading drift. early gains in American Sugar offset by mixed action across rails steels and motors. Foreign exchange shifts follow German reparations news. Marland and several du Pont and Remington issues rise modestly.
Designs for a mobile refinery built on 65 flat steel rail cars can produce gasoline kerosene naptha and gas oils. The first plant with 4000 barrels per day capacity is under construction in East Chicago for Graver Corp and will operate in about 60 days. It can be relocated in 24 to 48 hours with minimal loss, offering large freight savings versus fixed refineries.
A fragmented financial note lists per ounce pricing and discount rates for short bills and three month bills with percent ranges. It cites 1 percent and a range of 26 to 16 percent and 27 to 16 percent for three month terms.
New York June 9 market roundup shows varied international debt demand and bond yields for many nations with figures for Great Britain France Italy and others. Metals edge through copper zinc lead and tin with steady to firm prices in New York trading. Sugar futures close with no refined sugar changes and ongoing demand for granulated variety.
New York June 9 The cotton market opened with renewed strength as October contracts climbed to 217 advancing four points from yesterday. Trading picked up on expectations of continued hot dry weather in the South with rising reports of boll weevil damage and unfavorable growing conditions for the crop.
Reports from Chicago indicate a woman suspected of robbery is being held in the county hospital ward after posing as a maid in fashionable homes. The alleged thefts involve small sums and may be connected to crude oil operations shipped in tank cars.
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