Refinement plan aims to change Midwest Refining capital
Changes in the capitalization of Midwest Refining Co are under consideration to boost working capital but await Congress action on income taxes and excess profits. The plan contemplates issuing $16 million in new stock as a stock dividend and $5 million for working capital, lifting total capital to about $40 million. An optional subsidiary structure may separate producing interests. Earnings around 80 percent annually are expected to rise with new stills at Casper and Greybull and a Salt Creek gas station.
MENTIONED IN THIS ARTICLE
Denver
Midwest Refining Company
Congress
Layorf
Midwest
Casper
Greybull
Salt Creek
Drunkenness Fines Highlight Cheyenne Court Session
In Cheyenne police court intoxication cases drew fines from $10 to $30 with most defendants pleading guilty. Fort Collins man Clark contested drunkenness after admitting drinking, while a taxi driver Ed Johnson and May Long faced a $50 fine each for occupying a room for immoral purposes and were ordered to marry and leave Cheyenne.
MENTIONED IN THIS ARTICLE
Cheyenne
Jawn
Fort Collins
Clark
Wyncoop
May Long
Ed Johnson
Troops Make First Stop at Campstool
The First Cavalry troopers leaving Cheyenne Sunday morning for Pine Bluffs will make their first stop at Campstool twelve miles east of Cheyenne. Lemonade will be served to the men by the WCTU. A subscription for lemons and sugar was raised by Jack Clark of Cheyenne.
MENTIONED IN THIS ARTICLE
First Cavalry
Cheyenne
Pine Bluffs
Campstool
Jack Clark
State Editors Meet in Cheyenne July 21 22
Annual meeting of the State Editorial Association set for Cheyenne on July 21 and 22. Railroads offer a round trip fare of one and one third dollars. Tickets go on sale July 20 and 21, usable after Frontier celebration to allow attendees to extend their stay. Program to be announced later.
MENTIONED IN THIS ARTICLE
State Editorial Association
Cheyenne
Oregon People Clear Debris from Homes in Baker
The Oregon scene reports widespread debris removal after a dam breach in the Elkhorn mountains unleashed about 12,000,000 gallons of water, washing away property for miles around. Stock activity notes Pure Oil, Midwest Refining, and Merritt shares, with a dull market except Boston-Wyoming moving up.
MENTIONED IN THIS ARTICLE
Baker
Ore
Elkhorn Mountains
Midwest Refining
Merritt
Boston-Wyoming
New York
One Ford, Tamper Win Another One
A Ford touring car was stolen from Arthur Trout at 601 East Seventeenth Street by joy riders. The car was found later and the search halted. A key stolen from Dr. C K Snyder’s car led thieves to steal the switch box key and borrow Trout’s car for a joy ride. The sheriff warned that joy riding is serious and offenders may face penitentiary.
MENTIONED IN THIS ARTICLE
Arthur Trout
East Seventeenth Street
Joy Riders
Trout
C.K. Snyder
Bisbee Copper Mine Managers Refuse to Recognize Union
Managers of three principal copper mines in Bisbee refuse to recognize the union. They say they will meet with employee committees but not with the union committee. The decision follows the union demand for recognition. written demands were left at offices as committees were not met.
MENTIONED IN THIS ARTICLE
Bisbee
Arif
Sinking of Four British Steamers Reported
Boston June 29 marine insurance officials announced the sinking of four British cargo steamers: Altomia Cunard 4 593 tons Haverford American line 7 493 tons Buffalo Wilson liner 2 583 tons and Manistee Cunard liner. No details of loss or crew fate given.
MENTIONED IN THIS ARTICLE
Boston
Marine
Altomia
Cunard Line
Haverford
Buffalo
Wilson
Manistee
Cunard
Today Is Prize Clinching Day
A promotional appeal urges subscribers to act today to secure a cash prize or automobile in a campaign drive. It stresses the high stakes of each subscription and urges decisive, final effort to clinch the top prize.
National Guard Merged Preparations Ahead of Training Camps
The War Department consolidates the National Guard with six to eight months of prior training and intensive service on the Mexican order. Additional guard artillery training camps will open with battalions assigned to each camp to teach essential operations. The main hurdle is securing equipment for growing forces heading to training camps in July and August while the regular army prioritizes readiness.
MENTIONED IN THIS ARTICLE
War Department
Groupe le Voem
Cheyenne Briefs and Personals Highlights
Local notes from Cheyenne recount visits by officers from Hermosa and Casper, business trips from Green River and Wheatland, and arrivals from Goldfield and Basin. Town updates include the storm sewer bond election preparations, a sulphur bath cabinet at Ligier's, and a note on the Cheyenne Light Plant troubles.
Taxis and touring cars call number for service ad
A Cheyenne based transportation note lists taxis and seven passenger touring cars with phone One-One and Prompt Service promises. Entries mention J. T. Craig from Belle Fourche visiting for business, Daoper Man from Casper, J. C. McCafferty from Manville, and BK Wilson from Lusk visiting Cheyenne yesterday.
MENTIONED IN THIS ARTICLE
Belle Fourche
J. T. Craig
5. D
Task
Wilson
Cheyenne
Lusk
Wyo
Six Greeks Arrested for Possessing Firearms
Rawlins June 79 Tuesday the trial of six Greeks charged with firearms in possession contrary to the gate law was held before Judge Friend at the courthouse. George Mourtakos was discharged due to crippling injuries from recent burns. John Maganes George Wimputns Cooree Klezakes Jim Vietos and Jim Mores were fined 25 dollars plus costs and released after payment.
Fight over Adamson Law sparks rail rate relief push
Within 48 hours of the Supreme Court upholding the Adamson law, railroads moved to raise rates. Eastern, western, and southern lines formed groups to seek ICC aid, with a proposed 15 percent increase projected to yield up to 100 million annually. The national shippers’ conference in Chicago prepared to oppose the change.
MENTIONED IN THIS ARTICLE
Supreme Court
Interstate Commerce Commission
Commission
Rea
Pennsylvania
Western Railroad
Western Roads
Southern Roads
Intercam
Chicago
National Skippers’ Conference
Clifford Thorne
Laws
Railroads and Shippers Clash Over Freight Increase
During the hearings both sides urged a rate rise with some advocating 15 percent while others favored a smaller increase. Shippers led by Mr. Thorne attacked the plan as harmful to realignment of rates and warned of halted shipments. Railroads argued rising costs justify higher charges and touted strong rail securities and cash surpluses. Final arguments closed June 12.
MENTIONED IN THIS ARTICLE
Thorne
Shippers’ Conference
Also Mentioned on This Page
Cath
Chicago & Northwestern Railroad
Riverton
Ohio Cities Gas Company
William A. Read & Co
Oregon
Pure Oi
Elc
Morrow
Hamilton Brown
Oxfords
The
Tantry
National Guard
Apttal Coal
Abill & Holliday
KR. N. Yingat
Hermosa
Atione
Sherman Co
Sam WM. Thompson
Shelby Thompson
Sam M. Thompson
Ligier
Beaty
Capitol Ave
Cheyenne Light, Fuel and Power Company
Goldfield
Houtahon
Bill
Douglas
L. D. Bercer
Green River
J. M.ne- Nichols
Altar and Rosary Society
City Park
J. L. Revere
Plains Hotel
Wheation
Jeanette McDougal
Call No
Iron Mi
R. Gilbertson
Iron Mountain Country
Bell Ranch
Wheatland
Charles Sommer
Suerman Co
T J. Bath
Laramie
Colorado
Basin
E. J. Sullivan
Manville
J. C. McCafferty
Sherman
Bert Gardner
Laramie County
Conall Wizard
Col
George Goethals
Panama Canal
Ida Graham
Adamson Law
Veal
Baby Beef
Davidson’s Market
Capitol Avenue
Glenrock
Oil
City OF
Wyoming
South
An & Com
Mississippi Valley
Ohio River
Railroada
Ees
Learedd
Por Boul Veewlle Nee
Nee Bafely OG
the Continental Oil Co
Coterede Corporation
Pueblo
Salt Lake City
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