Market Credit Tension Eases as Banks Unite
James B. Forgan of First National Bank says credit tension has peaked, credit conditions easing due to cooperative banks and businessmen. New York optimism grows as brokers hold substantial call funds and renewal rates dip. Midwest Refining climbs in early trading amid volatile stock activity.
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Taylor & C1
New York
James B. Forgan
First National Bank
Herald-Examiner
Federal Reserve Board
Forgan
New York Evening Mall
Wall Atreet
Salt Creek Producers Rise to $34 as Merritt Advances to $15
The market shows activity with Salt Creek Producers moving up to 34 dollars and Merritt rising 60 cents to a 15 dollar bid. Locally KE, T. Williams, and Consolidated Royalty trade far below intrinsic value amid a stagnant market.
MENTIONED IN THIS ARTICLE
Salt Creek
Merritt
T. Williams
Glenhurst to Resume Deep Well Drilling in Cumberland Field
J A Moore of Portland has spudded in on the Ziller ranch near Cumberland Wyoming, starting the first test well in the Cumberland field. The rig can reach 4000 feet, with the hole down about 200 feet after 15 inch casing. The project follows a period of inactivity due to financial and physical difficulties.
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Glenhurst
Glenhurst Company
Ita
Cumberland
Wyo
J. A. Moore
Portland
Ore
Ziller Ranch
Cumberland Field
Moore
Government Analysis Seeks Pine Mountain Oil Samples
L. Holden of the Wyoming Exploration company travels to Pine Mountain with Mr. Drake of the Bureau of Mines and Mrs. Holden. Drake will send Pine Mountain oil samples to Washington for analysis. W. Ford arrives from Chicago with a five ton truck to aid drifting on Pine Mountain.
MENTIONED IN THIS ARTICLE
Co. L. Holden
Wyoming Exploration Company
Pine Mountain
Mr. Drake
Bureau of Mines
Mrs. Holden
Washington
W. Ford
Chicago
John Cheney
Road Bulletin Update on Salt Creek and Yellowstone Highways
Salt Creek Road is passable but very rough with traffic limited to Ride Route up to Horge Creek and several mud holes beyond Teapot. Yellowstone Highway Casper West reaches Powder River with some rough spots and low places while Casper Fast remains fair to good to Douglas with a few rough sections. Other routes are reported good to Alannville.
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Salt Creek
Horge Creek
Teapot
Casper
Powder River
Yellowstone
Douglas
Alannville
Omaha Livestock Market Report May 26
Omaha market receipts total about 14 000 with cattle and sheep trading steady to higher. Cattle include heavy steers slow and others uneven with top beef steers around 12 50, cows 7 00 to 11 50, calves up to 13 00, feeders 9 00 to 11 75. Sheep receipts near 500 with best spring lambs 16 76 and yearlings 11 60 to 13 75.
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Omaha
Nobr
California
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