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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Aug 04, 1920
Page
2
Market news covers stock prices bonds grain and produce with live stock figures and wool trade notes. Quotations reflect daily shifts in commodities and financial instruments across exchanges and markets.
New York trading on August 3 shows oversold recovery followed by weakness from sterling declines and Polish news. United States Steel, Reading, American International and Baldwin show temporary strength but overall market remains cautious amid speculative selling. Bethlehem and Republic lead declines as profits and financing whispers weigh on rails and industrials.
The article predicts a Wyoming oil shares boom in August 1920 driven by leases and expanded acreage, citing Secretary Payne’s ruling and expected record drilling. It notes strong companies like Barton Wyomin g Glenrock Merritt Producers and Refiners Elk Basin Salt Creek and Midwest Refining, with production up from 28 000 to near 50 000 barrels daily and refining capacity rising toward 100 000.
New York banker Henry Clews says money remains tense with no rate relief and only partial improvement in the Federal reserve ratio. He notes strong demand for funds, firms liquidating to meet obligations, and improved demand for first class commercial paper and bankers acceptances. He cites Treasury debt reductions and a large floating debt, but says government finances are self sustaining. Foreign exchange has weakened to month lows after a period of stability.
A brief stock note records Atchison stock at 80 plus one half, with opening and closing values outlined in the market ledger.
Open high low and close figures for WHDAT and Corn futures for December March Sept and December contracts across grains. Includes prices and percentage changes showing day activity and shifts in oats and grain markets.
Local notes report W. Lt. Connelly of Lingle and P. Fitzgerald of Saratoga in Cheyenne for business yesterday. Various residents including L. Klein of Casper, J. A. Kirkpatrick, and H. A. Thompson of Rock River were noted in city. A 6 percent savings offer at Union Trust Co. and1881 Curey Ave real estate services were advertised.
Metals in New York on August 3 show copper iron tin and lead unchanged. Antimony trades at 7.50 with zinc steady. Hast St Louis delivery listed at 7.62 percent 7.16.
Cheyenne locals and visitors noted in Cheyenne items include J F Cullent from Laramie Eyre Powell Union Pacific rep. L F Steffler from Sheridan. J A Aldardice Greybull. Pred Ward Burns. Win er Smith Cheyenne ranch. Carl W Tee Torrington. J Gossett Casper. J W Broughton Torrington. A C Fonda Guernsey. BE A Bullock Wheatland. John Wilcox from his ranch. Frontier Days decorations removed from Union Pacific depot tower. Air mail squadron arrival times sparked excitement. Courthouse and city life updates include county market construction progress and all metal postal air ships inspection. Carnegie Library reopened. Henry Robinson dies. Rotary and Red and Reel club meetings. W K Mylar seeks coroner Republican nomination. Many intercity visitors noted and a local theater project with Jack H McCabe.
The market faced a sharp drop as news from Poland hit the scene. Sterling fell about 8.5 cents to 3.6215 dollars amid broad weakness in French Italian and continental currencies. Time loans stayed strong, call money steady, with the ruling rate at 6.
Livestock prices move mixed across Omaha and Chicago with cattle steady in Omaha and slow in Chicago. Hog receipts rise in Chicago while prices ease. sheep trading weak to lower in both markets and several carloads stock movements noted across the region.
The first Wyoming soldier to be brought home from France, Joseph J. Johnson, died on the battlefield. His casket arrived in Cheyenne and will be sent to Basin, his home, while two other Idaho-bound bodies, Clarence Billips of Hope and Eddie Sneve of Kendrick, accompany their caskets. A soldier escort accompanied each body.
Dee K. Gash of Meyer-Gash Clothing company asserts Miss Edith Bennett of Topeka was not injured when a car he drove overturned near the county poor farm last Saturday. He confirms no one else was present except a male friend and says he cannot explain the report of Bennett being injured.
The 1920 catalogue features the new law school in its first year with a first-year curriculum and noted teaching staff. The booklet praises campus scenes such as The Titans' Playground and A Mountain Stream and offers free copies on request to President Aven Nelson in Laramie.
A coroner’s jury ruled Orvall Cappock died from negligence after falling between moving train cars. His body was found Monday near the Ozone crossing, dragged about twenty feet, and identified by clothing. A telegram later requested sending the body to Anderson, Indiana.
Burns Wy August 3 Charles O Lyon forced to abandon fishing trip after being bitten by a woodtick in the mountains near Laramie He was taken ill and is reported to be better at this writing
Residents call police Monday night to a demented man roaming Reed street. Louis Gonzales was arrested after a wagon rush to Twenty-second street and Reed. He has roved for days, believed drunk, and will be held until his condition clears or sent to Evanston for treatment.
The Rotary club will resume its regular Wednesday luncheon at the Plains hotel after a one week interval due to Frontier. Secretary Paul critiques non attenders and late payers in his weekly epistle, urging attendance.
George S. Copeland fractured his ankle when he fell from an eight foot ladder in Tacoma Washington. He will need several weeks of care and rest off his feet. The Copelands have many friends in this city who will be grieved by the accident.
The Copelands, long residents of Cheyenne, have recently relocated to Tacoma to establish their home. The move marks a new chapter after years in the Cheyenne community.
Lawyers will be hurrying away on vacations as there will be no court sessions until September 1. Judge Mentzer left Sunday for his ranch in Carbon county near Milo at Elk Mountain to spend the rest of this month. He has served across his circuit and filled in for other judges during his absence. One dollar opens a savings account at Stock Growers National Bank.
The city commissioners approved two electric signs spanning the street. W B Dinneen will erect a high sign advertising his garage across the Lincoln highway. Cheyenne Filling station plans a sign from its new plant toward the opposite street side. The text mentions an account at Stock Growers National Bank.
City commissioners met over two days to prepare and review numerous bills for presentation and to process claims by city employees. The extended session reflected extensive concession-related matters needing action.
Dr W K Mylar declares his run on the Republican ticket for the Laramie County coroner nomination subject to the August 17 primaries. The notice references financial institutions The Bank of Service and The Stock Growers National Bank inviting business.
Two furnished rooms for light housekeeping in a good location no children. Apply Fremont Land Co 114 W 17th. Also sale prospects for experienced men handling Ladies and Children's aprons and bloomers on commission with territory details at N Simon & Co 4225 Lincoln Ave Chicago IL LTAB.
Fragmented notice announces a candidate for nomination of State Representatives from a county, subject to Republican voters at the primary election held August 17, 1920. The text references Pine Bluffs and unclear polling schedules with dates and times.
Charles C Branson announces his candidacy for the Democratic nomination for county treasurer in Laramie County, subject to the August 17 primaries. He files August 18.
Advertisement for a patent remedy claiming to relieve long standing health issues in 8 to 15 days. Offers prices 32.00 standard and 8.00 for double strength with a free booklet. Addressed to Dr C B Southington, Kansas City MO.
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