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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
May 10, 1919
Page
15
The report notes a trading day with prices opening 250 to 300 lower and closing around 0c under yesterday’s averages. A single load traded at 920.90, with a general market softness and a buyer price around 20.35.
Iowa Nebr markets report receipts for cattle pigs and sheep with slow bidding on most grades. Beef cattle vary by weight with heavy and medium weights steering prices, while veal calves and feeder steers post varied results amid steady to lower demand.
Information from Washington says William J. Harris, Georgia’s new senator in Europe, will vote for the equal suffrage amendment in the current session. The vote is expected to yield a two-thirds majority and passage when Congress reconvenes, though Harris’s stance was not needed to secure it.
Announcement that the Eccles interests of Ogden Utah, linked to Amalgamated Sugar, bought 160 acres in Salt Creek Wyoming from J B Stocks for 1 75 million. The deal, the highest price yet in Wyoming oil, includes substantial tax considerations and signals major development in the Salt Creek district as crews drill a deep test north of Salt Creek to assess Muddy Creek prospects.
The Eccles syndicate spends heavily to develop a lease near the Last Greek field. A discovery well in Lance Creek is drilled to depth with favorable indications. If productive, the area could extend nearly twenty miles long and six miles wide, outside the withdrawn government area.
Rapid trading in Exploration Oil and Gas shares follows its two year existence led by Patrick Sullivan and A J Cunningham. The firm holds 800 acres of land in Lane Creek with 2 840 acres of royalties and has drilling deals with Midwest Refining Ohio Cactus Petroleum and Texas firms. Three wells are planned, two under way, with royalty lands prominently in play. BW secretary Mr Gunm, once manager of the University Club of Denver, is linked to the venture.
The EF T Williams Oil Company will raise capital from 500000 to 2000000 dollars and declare a 300 percent stock dividend with notices to shareholders on May 27. The firm pays 6 percent monthly dividends and shifts to 20 percent annual, holding 120 acres in Salt Creek field with Texas leases under review. The company produces about 2000 barrels daily from second and third Wall Greek sands.
Berlin reports a growing public resolve to reject the peace compact with strikes rising and Bolshevik fears. Scheidemann tells a Berlin cabinet committee that Allied terms echo President Wilson’s fourteen points, and many conservatives favor Entente occupation over Bolshevik rule.
The Chinese delegation received cables directing the negotiators at the Shanghai peace conference to pursue settlement terms. Instructions came from both northern and southern factions amid the Paris talks.
Abdullah Bey Khe Khouri is listed in a cryptic entry with multiple garbled terms. The fragment mentions a person name and scattered letters resembling a note on a property or attendance, but lacks clear context or actions.
The chancellor said Germany would present a note at Versailles detailing treaty differences with Wilson's fourteen points and submit counter proposals. He urged sobriety and hoped for good will to begin oral discussions and reach agreement.
Parliamentary leaders from all factions in Berlin admit shock at the severity of proposed peace terms. They refuse to discuss entente conditions or forecast the assembly's stance. A leading independent socialist calls the peace offer dictatorial and says revision requires world revolution.
The Mo Ridge 011 Company area northwest of Grass Creek will be deep tested by a well drilled by Midwest Refining Company under a new contract. The Ridge property, acquired two years ago, previously reached 2 000 feet before abandonment. About $20 000 was spent on the earlier hole as several firms show rent interest in the Grass Creek–like structure.
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