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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Sep 14, 1917
Page
15
Daily Market Report from Denver notes active trade with good demand but higher supply, leaving prices near last week’s close. Beef cattle show solid Nachfrage with steers $9.50–$10.50 and cows $7.00–$7.50, hogs steady near $18.00–$18.75, and lambs $10.75–$11.25 with strong buyer activity from packers and feeders alike.
Chicago reports hog prices down due to poor receipts and light demand with totals around 17.50 to 18.60 for bulk and up to 19s for heavy. Cattle and sheep prices largely steady with native and western cattle, steers, feeders, and calves priced from about 4.00 to 17.80. Kansas City hogs mostly 17.50 to 18.80. cattle steady with primes around 16.00 to 16.80 and cows down to 5.50. Omaha hogs 17.35 to 18.00 amid 4500 receipts.
In Casper Wyoming on September 13 a gusher was brought in by an Ohio company drilling on Glenrock Petroleum’s Mackbird ground section 2. The well, offsetting the Fenix well of Midwest, is about 100 yards away and described as the biggest strike yet in the Big Muddy field. Estimates suggest around 1M barrels a day at peak, with flow now easing under control and the gusher boosting the field’s prospects as a major producer.
To the public in general to the food friends and the One One tail service who rendered their services in our recent bereavement of our beloved mother and sister we extend a card of thanks with our fullest appreciation Mr Albert Artur Williams. We have moved our office from 223 West 17th to 216 West 19th phone 491 Stanton Transfer Co 251.
Mr and Mrs F M Gill of Denver visit the Plains as the Muddy Creek Oil company plans drilling on Salt Creek holdings after contracting with Ohio Oil to drill one well at no cost. Deterred by surrounding properties, Muddy Creek prepares to drill 940 acres in Big Muddy and has a standard rig and 4000 feet of casing in Casper. The firm also launches a stock selling campaign with a 100 percent treasury stock price increase set for month end.
The Centennial Petroleum Company is incorporated in Cheyenne Wyoming on September 1927 to engage in refining crude and refined oil and gas with capital stock of one million shares at one dollar each. Directors for the first year are H W Olda Casper F M Palmer Burns and Claude F Palmer Cheyenne. Office for service is Claude F Palmer Cheyenne with Torrington office in Goshen County Wyoming.
Copper producers and the War Industries Board have agreed on a price for copper but will not announce it until President Wilson returns to Washington. The fixed price agreement awaits submission to the president for final approval.
D W Gill relocates his office to 1624 Capitol Avenue, reporting the move in local business notices.
Livestock receipts show pigs trading around 16.60 to 17.90, cattle steady to lower with native steers at 8.50 to 16.50 and cows and heifers from 7.00 to 10.60. Western and Texas steers bring 8.25 to 13.50, stockers and feeders around 6.00, calves 4.00 to 12.00, and sheep receipts near 10,000 with yearlings 11.50 to 12.50 and lambs around 16.00.
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