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Newspaper
Casper Daily Tribune
Location
Casper, Wyoming, United States of America
Date
Jun 10, 1922
Page
2
The Mid-Northern Clayton gusher well No 2, struck last Saturday in Cat Creek, has risen to about 2000 barrels per day after an uncontrolled breakout. The cause is failure to cement the casing in the cement bed before the flow increased, and workers are attempting to connect a pipeline.
In Chicago on June 10 prospects of a global wheat shortage supported the market as Hoover warned world stocks were low by July 1 with Argentina and Australia showing declines. July and September futures fluctuated, corn and oats moved with wheat, and hog prices weakened in provisions as trading closed unsettled.
Prices for potatoes and dairy items vary across markets with readings on Bliss Triumphs No 1 at several price points and butter and poultry rates noted. A Texas sheriff, Thomas F. Farmer, is removed after a jury verdict holding him guilty of official misconduct regarding Klan oath.
Sunburst Old and Gaa company Sunburst well No 1 in the Kevin field north of Great Falls Montana was completed Friday after coming on Monday. Dorsey Hager vice president reports the well at 1100 feet in the 150 foot section with a 900 barrel estimate. operations paused for pipeline material expected in 30 days.
Chicago June 10 cattle receipts compare with last week beef steers gain 26 up cows and shelfers rise 15 to 250 cents. Top prices: long yearlings 9.50, veal calves 10.50 to 11.00. Hogs steady to 10 cents lower with top 10.85. Sheep receipts 8,000, spring lambs 14.00 to 14.50, shorn lambs 11.00 to 13.75, wethers 6.50 to 7.75, ewes 5.00 to 6.75.
Hogs receipts at Omaba total about $9,000 with prices mostly steady to five cents lower and tops near $10.40. Cattle receipts around 100 show beef steers and stockers higher, feeders steady to higher, lambs and yearlings down slightly. Denver cattle and hogs also show steady to slightly lower trends with top hogs around $9.55 and calves up to $12. The report notes regional variations in cattle prices and mixed changes for sheep and feeders.
In Sonora California the Mark Twain memorial cabin at Jackass Hill was dedicated with Governor William D Stephens delivering the dedicatory address. The cabin, restored by William J Laring of the American Mining Congress, recalls Twain prospecting days in 1864 65 and his life there during those years.
Chicago reports a weekly wheat price setback amid near perfect harvest conditions and a government yield estimate suggesting bearish outlook. Corn and oats show minor moves while provisions swing. export prospects and rising U.S. visible supply weigh on wheat. Uncertain weather from northwest sources adds pressure as market shifts toward bulls on demand signals and shipments.
New York stocks steady with mixed gains and losses led by Standard Oil of New Jersey at 7 1/8, Studebaker at 1 1/8, and United States Steel around 60 1/2. Oil and chemical shares rose and fell with Arizona states, Great Northern Ore, and Cala Petroleum posting notable shifts.
Steel prices remained firm with active demand from railroads and automakers while mining and structural material orders stayed healthy. Copper demand cooled for domestic and European use yet shipments to the orient rose. second hands offered more, smelter output not rising as fast as expected. April exports reached 69.55 million pounds, the best month since May 1920 aside from March. Tin eased after an early advance. lead rose to 5.75 with strong demand from battery and pigment sectors. zinc remained firm with June sales reported. Antimony showed dull activity.
Inland OU Refining company drills 19 40 74 in Bait Creek field to reach Wall Creek formation. The well has run about a week since cementing for formation. location about 800 feet from a nearby Vive Tribet Petroleum well. Production expected for both operations with favorable signs and important connections to Five Tribes project.
The monthly tonnage report from United States Steel shows unfilled orders on hand in May totaling 6,264,22 tons, up from April's 6,096,917. The figures indicate sustained demand and growing backlogs for steel products.
Marvin Hughitt president of the Chicago and Northwestern railway will lead the board of directors on an inspection tour of nearly the entire system. The party plans a short Casper stay with limited sightseeing at the Standard refineries.
Orville E Brown files for divorce from Ada B Brown Adultery cited as grounds. Ada B Brown last known address Raleigh Nebraska must answer by July 29 1922. otherwise petitions findings proceed. Clerk Hazel Conwell supervises notice in Natrona County historical record.
Bids sought for erection and completion of a brick two story Masonic Temple with concrete rear basement in Glenrock Wyoming. Bids due by 10 am June 24 1922 with plans from architect William J Westfall in Casper. Deposit $20 for plans and 10 percent bid bond required with bid. Publication dates June 9 1922.
Weekend trading in New York saw intensive selling across oil, motors, coppers, and miscellaneous issues with declines up to almost six points. The session featured widespread pressure on Union Pacific Canadian Pacific and Delaware Lackawanna and Western rails, while Mexican Petroleum led a late rally as overall values fell.
London reports bar silver at 354d per ounce and money at 1 percent. Discount rates show short bills at 25 16 percent and three month bills at 2 27 16 percent.
Chicago June 16 Butter markets were irregular last week but closed steady to firm. Heavy storage buying continued as buyers assessed risk at current prices. Storage holdings rose by over six million pounds across four eastern markets. Closing prices: Chicago 15c, Philadelphia and Boston 37c, New York 36 c.
American champion Mona Bjurstedt Mallory defeated English star Mrs Beamish 6 3 6 4 to take the North London women’s singles championship this afternoon, showcasing her best form since arriving in England.
Washington June 10 The first cabinet wedding of the Harding administration occurs today with Miss Catherine Hughes daughter of Secretary of State and Mrs Hughes marrying Chauncey Lockhart Waddell of New York at Bethlehem chapel Episcopal cathedral of Saints Peter and Paul. A reception follows at the Pan American building and guests include the president Mrs Harding cabinet members and the diplomatic corps.
New York reports show stock prices unsettled with outside interest waning while bond markets hold similar tone. May auto production hit a record, merger rumors surface, and several European debt signals influence currencies amid a global shift.
Swiss bankers in Berne request federal government representation in Mexican loan negotiations. They note Switzerland's interest and a 200 million franc claim against Mexican interests.
The Mers Trotherhood cinea of the Presbyterian Sunday school hosted a Friday evening reception for J. C. McGrade the Natrona county high school principal retiring to become superintendent of schools in Waterloo Iowa About thirty five men attended with invited guests acknowledging his service and worth
A community gathering at Natronamounty High School celebrates the influence of MecGlade over ten months. The program featured prayers, multiple addresses by local figures, and a Plano duet by Mrs. Fowler and Mrs. Riler.
Police seized NTO 15 along with a liquor supply after stopping a Buick touring car at about 12:30 this morning on the town entry. Driver E. J. Benson was taken into custody. Arresting officers were Carter, McGrew and Warren.
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