davidaulloa/AmericanStories huggingface dataset:
, 1922-09-13
LiUe Stock



CHICAGO. Sept 13.-Unitnd States
Department of ACKNOWLEDGEMENTS re-
celpts ! 1900: active. beef steers n
butcher stock strong to 15c higher; too
beef Steers s1l.35 paid for several
loads: part load at S11.35; strictly,
choice and prime kinds scarce; bulk
Of beef steers OF value TO sell at $500
@10.eo; Gamers strong to loo higher;
bulls and stockers strong; veal calves
steady TO csc higher; bulk desirable
bologna bulls s4.15G4.S5; bulk fat
she stock s4.50@7.25; bulk nner and
cutters s2.s593.5o; bulk cal calves
carly sl2.5o@1s.oo.
Hogs, receipts $4,000; light weight
active. STEADY TO strong; packing
grades slow. around steady; bulk ITO
to 22o pound averages ss.6o4s.7b; top
$50: bulk $40 to 200 pound butchers
ss.35 $3.50; bulk ESQ to 3i0 pound
butchers ss.sOGs.sO: bulk packing
sows s7.oo97.75; pigs dull; mostly $3.50
$500; heavy ss.10Qs.3o: medium
s9.ooQs.s0; light ss.5o@9.so; light
light ss.s0G9.45; packing sows, smooth
s7.00@T.75; packing sows rough $500
@7.25; killing pigs ss.00G9.25.
Sheep receipts 10000; fat lambs OPP
ening around 25c higher; carly top ma
tive 1895; bulk $12.76@13.o0: best
western unsold early; choice Wash
ington confidentially held above $3.50;
sheep scarce. firm; fat ewes mostly
s4.00@6.25; feeders strong, desirable
light feeding lambs $500.
, 1922-09-13

with the completion of this line
there may or may not develop a real
battle for Salt Creek production. he
determining actor being largely in
the hands OF those who will be here
at a meeting scheduled for September
20.
1t il the object OF this meeting to
perfect plans whereby all unnecessary
drilling can be shut down for the pur-
pose OF c~urtailing production and it
is hoped by those who Ere at tho head
OF the movement hat some plan will
be devised which will DO acceptable to
all. although w recent meetings held
in Denver for the same purpose failed
TO. make much progress toward that
end owing to the conflicting interests
represented.
Although no statement can be had
from the E. T. Williams interests as
to the policy which will be maintained
in running oil and It is understood that
this company is agreeable to any plan
which is TO the best interests OF all
concerned. It is known that contracts
already made by the carrier call for
more oil than the Williams company
is at present able to produce and In
he event hat no other independents
lgree to furnish a portion of the crude
IT will be necessary for the williams
TO run 100 per cent in order to meat
its obligations.
Should this company start running
its entire output 1t is only natural to
presume that owners of adjoining
leases will do the same for protection
and this policy viii soon spread over
the entire field with the result that an
unprecedented flow OF crude will be
loosed from the field for market neces-
stating tho building Of additional
pipelines and refineries or an enor-
nous amount of storaN.
The Williams people cannot be cen
sured If this policy is pursued as Salt
Creek is n of the few fields in the
country In which a company is not
able to market all OF its output and
great credit is due tho heads OF this
organization for furnishing an outlet
for its own production.
Just what will result from the COM
ing meeting is being %anxiously. and in
some cases nervously. awaited by
those having Salt Greek holdings and
no predictions are being made as to
the result as no one seems to be COM
pletely "in the know"
, 1922-09-13
OHIO GAsSER
GIVES TROUBLE
Efforts to Hold Down Baxter
Basin Well to Be Con-
tinued.

The Ohio is still having trouble
with its huge gasser in the Baxter
Basin field owing TO the enormous
pressure. it being necessary to secure
special pipe and fittings to confine
the flow. Preparations are being
made for another well In the field
which VIII probably be drilled about
M mile distant from the present
producer.
The Midwest is nearing the second
Wall Creek. expected at $500 feet.
but has been retarded somewhat ow.
ing to cavings necessitating slower
drilling or the pay would probably
have been struck before now. IT
should only be a few days. however,
until this well will be in the sane
and with h showings had Of both
oil and a it Is almost a certainty
that a producer will result.
Other operations in the field are
getting to n point where compilations
may be expected in the near culture
and new ones are being spudded in.
A great deal OF activity Is expected
for h field during the coming
m6nths-
, 1922-09-13
& P.EARN|NGS
SHOW INCREASE
First Six Months This Year
Nearly Equal to Entire
Year of 1921.

In a letter being mailed out today
to stockholders Of the Royalty 4 Pro
ducers corporation by Vice President
W. F. OFT. a comparative statement
is enclosed which shows that the earn
inga OF the company for the first SIX
months Of h present year are al
most equal to those OF the entire year
OF 1871 When ~ Is considered that
during the fore part of last year the
price Of crude was much higher IAN
1t has been at any time since ans that
only from thirty to forty per cent OF
the output has been taken this year
which is lower than last. this shows
a healthy condition OF the
The increase In earnings Is &C.
counted for by the fact that the com
pany has greatly Increased its pro
duction both in Salt Creek and in the
Cat Creek field where n higher price
Is PAID for the crude and where the
entire output is being taken.
Since the statement for last year
published the company has &C.
quired additional acreage In Salt
Creek upon which one well has been
drilled IND in the Cat Creek field. the
production has been greatly increas-
ed by drilling to the second sand
which gives a much greater output
the shallow strata. Two wells
have been completed In that field
during uss East two weeks in which
the company has royalty interests
two more are nearing the sand
which should be finished In a short
time.
The company is drilling one wen
Jointly with the Glenrock on the
southeast quarter of is which cdjoins
the Teapot reserve. being an offset to
the Mammoth No I on section 81.
This well is standing for cement to
set and will soon be drilled IN. Drill.
ing VIII be under way within n few
days on the southeast quarter OF IT
Is owned Jointly with Glenrock
and Marine and which Is also an off
set to the same Mammoth we'll.
This company also owns some close
in acreage in the Sheldon structure
In Fremont county where a test Is
now being drilled by the Superior syn
dictate and negotiations are now un-
der way for the acquisition of acre
age in the Duchesne structure in
Utah where the Ute petroleum com
pany is drilling a test which should
be completed soon.
The financial affairs Ok the com
pany II shown to be in COOS confi-
ton with less than IS 900 worth Of OBJ
legations on the construction account
and about s25 200 on properties. 9th
er than those there are no debts
shown and the company has on hand
s25o.ooo worth Of drilling equip
ment and materials all of which are
paid for in addition to the value Of It's
leases n royalty holdings.
Proceeds from the sale OF oil for
1921 totaled ~s61.53U.5s n for the
half of this year. $50. 1886.
OF the latter sum the greatest in
crease is noticeable in the Cat Creek
returns and from production on a
new lease in Salt Creek.
Mule Creek and Rock River are
also listed as having income produc-
ing properties in the statement.
, 1922-09-13
MIDWEST Gets
-FOUR GUSHERS
No Test on Two Wells Com
pleted This Week but
Others Producing.

Four wells have been completed by
Midwest Refining during the past
but tests have beer run on only
two SO that figures for the gross new
production r not yet available.
No. Ia on the southeast quarter
of section 11-4o-7s was finished at
2,314 feet but test has not been run.
No. 24-A. Salt Creek Consolidated.
on the northwest quarter of section
s-3s-T5 was drilled in at 2.712 feet
with no production figures given.
No. ga On the southeast quarter of
section I2-40-T9 developed a flow of
1896 barrels at 9.51e feet.
No. ga on the southwest quarter
Of section 11-4o@7e is outputting $50
barrels at 1870 feet.
Nothing new has developed in any
Of the wildcat tests. bu. with the re-
sumption of drilling at 1897 feet in
the Baxter Basin test It is expected
that production will be encountered
within the present week. The Me
Der dome test is waiting for cement
to set at sos feet. Cement is also
setting in the Midway test and the
Grove No. . in the Notches field IS
drilling at 965 feet.
, 1922-09-13
Foreign Exchange

NEW YORK, Sept. 1s.-Foreign ex.
change heavy. Great Britain demand
4.42A cables 4.42h; sixty day bills on
banks 4.40h.
Franch demand 7.54; cables 7.55.
Italy demand 4.1sh; cables 4.1s.
Belgium demand T.14h: cables us.
Germany demand .o6 3-1s; cables
.oeK.
Holland demand 1857; cables ASIA.
Norway demand 1865.
Sweden demand 26.45.
Denmark demand 21.2s.
Switzerland demand 1879.
Spain demand 1880.
Greece demand $50.
Poland demand .o1%.
Czecho-slovakia demand s.s5.
. Argentine demand 36.Iz.
Brazil demand 1912.
Montreal 1915
, 1922-09-13

OMAN. Neb.. Sept. 13.-Urited
States Department Of Agricultural
Hogs-Receipts 10. 800; steady to 15c
higher; close weak; bulk packing
grades s7@7.5O; bulk zoo to 300
pound butchers ss.5ods.15: top ss.25.
Cattle Receipts $500; better
grades of corn fed beef steers about
lee to 15c higher; top s11; new top
for the year to date; better grades of
beef steers and grassers steady; she
stock mostly steady: bulls strong;
veals steady; stockers and Feeders
steady.
Sheep-Receipts Is. 1000; fat lambs
1oc to 15c higher; bulk early sales
s12.75@13.1o; top s13.25; native
lambs up to sis; sheep inc feeders
firm: ewes $3.50 down; feeding lambs
s12.75@1s.
, 1922-09-13

siderable acreage IN the field from
original io~cators and lessees and ex-
poets to start an intensive develop
ment campaign. This field has been
in the productive class for some time,
the output being a high-gradc black
oil. but has not been extensively de-
veloped. With the entrance of this
corporation there is no doubt but
what that district will be the scene of
a vast amount OF work.
The company has also taken a
lease on 25 claims in the Grass Creek
field and plans are nov being per
fected for the development of this
acreage.
This corporation has done some de-
velopment in Montana. all Of which
has besn in wildcat territory. u this
is the first time it has ever entered
, 1922-09-13
METALS

NEW YORK. Sept. 10. - Copper
quiet, electrolytic spot and nearby II.
Tin quiet; spot and futures s2.12.
Iron steady: Nc. 2 souuthern $500
Lead steady; spit 5.so96.oc.
@27.00.
Zinc steady; East St. Louis spot
and near by delivery 6.4096.42.
Anthony spot 6.2596.75.
, 1922-09-13
SILVER

NEW YORK. Sept. IS. - Foreign
bar silver ssh: Mexican dollars 5sA
NEW YORK. Sept. 1s.-sugar flu
lures closed steady; approximate
sales 1880 tons. October s.21; De-
cember 1929; March 3.11: May s.22.
in refined the demand continues light
and prices were unchanged at $50 for
fine graduated.
, 1922-09-13
kansas wen Making Progre.s.

A telegram was received last night
by Frank G. Pierce stating that the
we'll On the Carnerio structure near
Salina, Kan, in which several we'll
known local firms have acreage. had
finished understanding az and was
now drilling ut 1851 feet It was
expected at that time that the same
sand in which the Carter OIL COM
pany found good showings would be
penetrated within the nezt few days.
Mr.. Pierce. who is local representa-
tive Cor the firm. states that leases In
the field r moving rapidly. with
several local interests taking acreage
, 1922-09-13
ARKANSAS NATURAL Gas
COMPANY SPUDpIilG IN
At HAMILTON FIELD

With the spuddins In OF a well on
Hamilton dome this week. b Ar
kansas Natural Gas company. one Of
the largest independents operating in
the east and south. WIN enter the
state on an extensive scale.
This company has taken over CON
, 1922-09-13
Butter and Eggs

CHICAGO. Sept. 1s.-Butter unset,
tied; creamery extras 3shc; flrsts
SoBc@33c: extra firsts 54hc937c;
seconds 2ecQ30c; standards sac.
Eggs easy; receipts 6.731 cases;
frsts 27c@s0c; ordinary firsts 25c@
zee; miscellaneous 27c@2sc; rafriger-
ator firsts 25c926c.
Poultry alive, higher; fowls 16c4
24hc; springs 24c; ROSTERS lac.
, 1922-09-13
ONE

NEW YORK, Sept. 1s.-Can money
firm; high Az; low 4; ruling rate 4;
closing AZ; offered at 5; last loan
Al; call loans against acceptances
81; times loans firm; MIXED collater-
Il 5000 days. AZ 94h; 4-s minths.
4h14&; prime commercial paper,
AZ G4h.
, 1922-09-13

bulls, s2.259ss.s5; stockers and feed
ers, s5.O0Q$7.5o.
Hogs, receipts. 400; market steady
go Csc higher: top $3.50; bulk $4,000
1925.
Seep, receipts. $500; market steady
to loo higher; lambs s12.o0Q$12.65:
ewes A,5o@$5.25; feeder lambs $500
@s12.5o.
, 1922-09-13
MARKET GOSSIP AND FIELD NEWS
WESTERN States SHOOTS WELL

The Western States Oil & Land company shot It's No.
TAX on the northwest quarter of section 17-39-7S, Salt
Creek, Tuesday afternoon. The second Wall Creek had been
drilled through with oil showing in quantity but not of
pected to result from the shot.
, 1922-09-13
POTATOES

CHICAGO. Sept. Is. = Potatoes
steady on Early ohios; slightly strong
er on whites. Receipts "a cars total
United States shipments 1913; Mime
sofa and South Dakota sacked and
bulk Early Ohios s1.1o@1.25 cwt.;
heated 90cas1.oo cwt.: Wisconsin
sacked cobbiers s1.3o91.45 cwt.; ditto
bulk s1.3o61.5o cwt-
, 1922-09-13

No. 2s-AX on Re same section 10
drilling through the first Wall Creek
at 2.20o feet
No. 1e-A on the northeast quarter
OF section s-3s-7s Is rigging UP and
drilling will be started in the near
future.
No. BOA on the northeast quarter
Of section 5-ss.7s II drilling at 1900
feet.
The Lance Creek test on the north
west quarter of section 5-s5-65 Is
drilling at 500 feet.
Owing to a shift in formations.
casing kinked in the Rotten Grass
Mont.) test and the 81 Is being side.
tracked at 1000 feet. The bottom OF
the hole is at $500.
, 1922-09-13

DENVER. Colo, Sept. 13.-Cattie
receipts 800: market strong; beef
steers $6.0o@s7.s5; COWS and heifers,
S2.25@$6.10; calves. $50 100:
, 1922-09-13
CENTRAL PIPELINE TO Be READY
FOR OPERATION SEPTEMBER 20

With workmen laying the pipe which will connect the
main line with the plan of the Texas company and the pump
ing plants nearing completion it is now predicted that the
Central pipeline will be ready to carry oil by September 20,
although it may be some time later before the crude is start
ed through the GErier for market.
, 1922-09-13

Tho Rock River syndicate has boon
organized by Harry Adams, NJ. c.
Price and other local men for the
purpose of developing a new struc-
ture located east and a little north
of Rock River station. Material fer
the rig is now being hauled from here
to the location. which is on section
.2s-21-T6. and 1t Is expected that spud.
ding in will be accomplished within
the next ten days or two weeks. This
is several miles from the Rock Creek
field and II successful will open an
entirely new district to production.
, 1922-09-13

LONDON. Sept. 13.-Bar silver
35Ad per ounce. Money IL per cent.
Discount rates. short and three months
bills 2 e-1e12z per cent.
, 1922-09-13

Chicago. sept lS.-N NEAT mpfeH
upward a little in price today during
the early dealings. the chief factor
being an advance In Liverpool quota
lions despite ceciines yesterday on
this side Of tho Atlantic. Good export
buying here yesterday tended also to
encourage bullish sentiment and 60
too ga smaIlness OF receipts at win
ter wheat points. Bears put stress
mainly on continuance OF heavy re-
ceipfs in Canada The opening which
varied from unchanged figures to hc
higher. with December E.o1A 70
Sf.OIA and May si.osh TO ti.o6h.
was followed by slight gains all
around.
Estimates were current that ez-
porters had taken 1000. 900 bushels Of
United States hard wjater wheat In
tho last few days, an amount much
larger than heretofore generally sup
posed Buying OF future deliveries.
however. gave out Just bafore the
close.
Corn and oats reflected the wheat
advance. After opening a shade TO
&c up. December 56skc TO sen a &c.
the corn market sagged somewhat
ouk AHeH HAoo teho ePe
Later the market receded as a re-
suit OF sales to go to store here.
The close was easy. a shade net lower
to &c advance. with December 56%.
Oats started a shade off to a like
advance. December 34hca sc TO
to 34xc and later showed a rise for
Ill deliveries.
Provisions were firm In line with
hogs and grain.
, 1922-09-13

Subscribe for the Tribune and get a
key for every SOC paid. s-I2-tf
, 1922-09-13

Subscribe for the Tribune and get a
key for every SOC paid. 6.1e-tf
, 1922-09-13
WHEAT CLIMBS
THEN SLUMPS
Closing Is Heavy After Trad
ing at Higher Prices on
Exchange

CHICAGO. Sept -. Although
wheat averaged higher in value to
~. the market turned heavy near
the end OF the board Of trade session.
aggressive support being lacking Inc
close was easy, at the same as yes
terday's finish to SIC lower. with De
cember si.O0E to si-ooA and May
sI.O5N TO sI.o5A-
, 1922-09-13
BEARS CHECK
BUYING FURRY
Rullish Movement Suffers Re-
versal in Late Trading on
Exchange.

NEW YORK. Sept is.-Iakng
want OF an apparently weakened
technical position, professional bear
traders. aided by extensive realizing
sale~ succeeded in effectively check
inE the bun moverfent in today's
stock market. many shares yielding
substantially below yesterdays clos
snr figures. Railroad stocks were
particularly vulnerable. sales ap-
proxinating 100000 shares.
Indications that the buying power
had largely spent itself encouraged
hear pressure and active profit taking
In the final hour whi,:f depressed
many rtoeks from one 20 four points
below their early top figures A sub
u marking up OF Atchison,
some OF the domestic oils and a few
~rpeeialties. resulted in a confused
movement. he closing was irregu-
lar.
NEW YORK. Sept. I5.-ghs up
ward swing OF prices va resumed IN
foday's stock market. equipments,
low priced oils. and specialties a
sne te ADVANCE New high records
FOR the year were made in b first
minutes by Baldwin. Railway Steel
spriugs. American Locomotive,
Pressed Steel Car. Iron Products. Ma
ffonaI Biscuit. and Amtricnn Water
works six per cent preferred. the
rains ranging from fractions to 3
points. Other strong spots were Barns
dali A, New York Air Brake and
Hartman corporation each OF which
we're up ? points or moro. and Colo
ri U-a Iron GNnantldafad
Gas, Tobacco Products. Norfolk and
western, studehaker. Pisrce-Arrow
preferred and Mexican Petroleum, all
Of which had mounted Mt least a
point over last nights close. Allied
Chemical was the only conspicuous
weak spot, declining a point.
speculative selling of the Erie Is
sues frightened some OF the holders
OF other low priced and investment
rails, resulting IN n r~cactionary
trsnd In several stocks o: that group.
Erie common was down ~ and the
preferred IN. while St Paul. Read
ing, Atlantic Coast Line and New
Haven dropped l to n points. There
was no c~urtailment. however. OF In
and speculative buying in
the rest of the list. gains of 1 to 81
being quite numerous. The
eariy turnover gave promise OF an
other day in exces sof 100000
shares. Public utilities. oils. eqc'p-
nents. tobaccos and leather were
In demand. some q the strong
spots including Columbia Gas. Davis
Chemical. Pendee Manufacturing.
Products. American Sumatra
Tobacco. New York Dock common
md preferred, and Central Leather
preferred. all at gains IN excess OF :
Call money opened at 4 per.
sent
Afternoon dealings were irregular
as a result Of traders shifting COM
from one group to another.
Gas. food n shipping issues were
up materially. while profit
depressed the ~steels. equip
nents. Studebaker. Mexican Petrole-
and American Wooden. Recess
ran to a point or more in many
Jones Brothers, Tea gained 4
Jewell Tea preferred. Pacific
Gas n Electric. Columbia Gas and
IRON Products 3 and North America,
City Transit. Air Reduction,
Cereal and Replogle Steel 2
o "a.
, 1922-09-13
Crude Market

Classified ads in the Tribune ara
winners md possibly tho keys we
give with every SOC paid Mt office will
win you n big prize. 8-12-tf
, 1922-09-13
WYOMING oils

NEW YORK. Sept 13-Pnces of
Wyoming oils at 2 D. m today were
listed on the New York Grub as fol-
lows:
Fenaland 1871: Glmrock / s-is;
Mutual 1of; Omar 1 e-1s.
, 1922-09-13

There will be a bus line to Evans
vile. leaving p~ostoffice $40 morn
inss- also leave town on the half
nGE t11-sys
New-York tribune., 1922-05-11

no went to jamestown last Fehru.rv
70 invesugate the Automatic Rerister.
ios Machine Company, and fou~S ~,
us men were working nine hours ana
iioTty minutes day instead ~ 80,
hours, He said that Carlston a, n' ~
plo!ee OF the coneern, told him at ma.
tme e that the company has $50 ms
ch'nes packed in the basement read
TO snip to New York. Carlstop toi';
him. the witness said. that MO- n,o.+ VIC
'hese machines were rebuilt unc,,;,o,
some OF them having been re.urnoJ
1:Ss;'' thiaago and some from, ssu ssu
fFaneisoo and Los Angeles, vhcre tbs"
had been rejected ''eS
h'nnedy said chat ne talked ui.h
yougg Mr.: Laustercr. son Of the the
pfesident Of the concern. and uas toIS
mat they were almost sure of ce+t;nn ~
'He New ork contract for tho ;s vo.;rss
lhaeh'nes' Com missioner Hirsh6elaa
pointed out that Governor Miller ~
not signed the bill at tina, time Kaa
nedy also furnished testimony 20 ~
effect that the Jamestown comnanv
vas IN bad financial straits ani
needed Tho New York contract. '
also heard IN the lobby Of .h.
totel Samuels at jamestown COW
tiAued Kennedy, that a member ~
the Board of Elections Of New Yo~k
t'ty was interested in tho voting mn.
chlnc proposition"
New-York tribune., 1922-05-11
Senators Will Consider
Corrupt Practices Rule
Committee IN Hear Pon,crcnc's
Argument for Change in
Aci Affecting Elections

IRON 7se Tr'turc'7 Wosrirctoi, H.,y.-
NASHlNGToN, Nay l0.-Senator
Curtis, chairman Of The Senate Rules
committee, advised Senator Pomerc-e
CT ONO, to-day that tho Rules COM
mltt"e would meet Friday and consider
tfe fomercne resolution relating TO
corrupt practices. The resolution prob
ably III be referred to a sub.commit.
tee and Senator Pomcrenc will apncar
and make an argument for il
The Pomercne resolution. which was
introduced last winter, is intended 10
prevent the seating of Senator who
does rot observe the provisions Of the
corrupt practices act. as applied to
Seuatoria cleo ctions. 1t would cmbodv
IN senate rule the provisions Of the
corrupt practices act as TO elections Of
Senators, including primary elections.
ne purpose OF the proposed rule is to
get around the Supreme Court decision
Whlch he!d the corrupt practices act.
dId not apply to Senatorial elections.
Senator Pomerene has been aroused
to ne" activity in the matter because
OF the discussion which has been
stirred about the ruling given in March
h%. Attorney General Daugherty to the
ehoct the Law did not require cnndi-
oates for the Senate TO file statements
OF campaign contributions and expenses
With the Senate.