davidaulloa/AmericanStories huggingface dataset:
, 1923-08-09
Crude Market

put down to the Dakota sands n
necessary to secure commercial pro
duction.
supt. W. A. Hoorwes and George
Harnsberger drove out to tho Basin
last week to decide upon further To-
cations
Tho Fan wyo. company controlled
by the same interests as the Sage
Creek, spudded in a new hole on SEQ
IS, t. 81 N, r. s5 w. where all
sands down to the Dakota or below
will be explored unless oil in com.
merciai quantities is encountered in
some OF the upper sands of which
there are several known TO exist.
, 1923-08-09

IN running into storage, No. ~ IL lit
ing 500 barrels a day through four
inch tubing and No. 20 10 making
better than 200 barrels through three
inch. Special four-inch tubing is now
In transit which should arrive not lat
er h Saturday and this size will
be Installed in all the wells after
which they will be pumped. Some
delay has been encountered in pulling
the water casing in well No. 81 but
this has been overcome. Ind drilling
in will be started tonight.
NO. "a 10 fishing for underreamer
at 6e5 feet with a new crew on thu
job.
Tools are being moved from Nc. %.
the latest completion to No. 20 ana
%spuddinE in will BIO started within the
next few dayA.
, 1923-08-09

PRICES MELT IN
STOCK MARKET
Unfavorable News From Ger
many Causes Heavy
Liquidation Today

NEW YORK. Aug. e.-Prices melt
ed away in today's stock market In
response to bear attacks founded
largely on the unfavorable news from
Germany. Liquidation of the ieath-
ers. low priced oils and various spe-
cialties which was accelerated by the
touching off of stop loss orders, also
had a depressing influence. Sales ap-
proximnted 100000 shares.
NEW YORK. Aug. e.-Germany's
determination to continue passive re-
the opening OF railroad brotherhood
conferences expected to lead TO de-
mands for higher wages. had a de-
pressing influence on prices at the
opening Of todsy's stock market.
Famous Players dropped 2% and
Eastman Kodak ?. while United
States Steel. Studebaker and other
leaders yielded f~ractionally. Allied
Chemical and Contra Leather touched
new lows.
Selling pressure was concentrated
on the leather. motor and oil groups.
several of which dropped a point or
more. Steels yielded f~ractionally and
rails held relatively firm. Foreign
exchanges opened irregular. chief in
terest centering on the weekly In
crease OF nearly twelve trilllon marks
in German note circulation.
Temporary strength was shown by
the equipments following announce
ment that American Locomotive had
been placed on n six per cen annual
basis. that stock advancing tx and
Baldwin IN. The response elsewhere.
however. was slight, and before noon
prices again had worked down to the
low figures OF the first half hour.
DUPONT was n of the few strong
spots advancing four points. Burns
Brothers A dropped three points to a
new level for tho year. Call money
opened at AZ per cent
Tho decline In United States Steel
to sex, following the publication Of
the untitled tonnage figures. and, a
break OF three points by Texas Gulf
Sulphur, was too great a strain on the
general list, and prices dipped furth-
er after midday. Later. buying Of
American can and the equipment is
sues, caused partial recoveries with
HI entire movement rejecting efforts
OF the traders to scalp small profits
either way.
, 1923-08-09

Baxter Baain Field.
Well Tx, northeast quarter Of sec
ton 36.1s-104. depth 2,46s feet. shut
Well 20. southeast quarter OF 70
ton ~25-1s.io4. depth 2.425 feet. under
down for further orders.
roaming and cleaning out.
Well 20. southwest quarter Of sec
ton 1o.16.1o4. depth e35 feet. drilling.
running IL h-inch casing.
Well 6.x. northeast quarter OF sec
tlon l1-l7-1o4. depth $3.50 feet. drill
ing, hole caving.
Elk Basin Field.
Well Z. Elk IL. redrliiins at i.14o
feet.
Well l. Tip 2. depth 1870 feet. nsh-
ing for spider slip.
Wen "a. Elk 6. depth 1870 feet.
running 6%-inoh casing. top of second
sand.
, 1923-08-09
Market Gossip and Briefs
On Operations in Oil Fields

Mr.. jackson has contracted for a
Star No. rs drilling rig which he ex-
poets to have on the ground in n
week.. Camp houses are now being
constructed.
A most deal anticiinai fold Is out
lined for a distance OF several miles
by the formations out-cropping in the
escarpment on both sides of h field.
Active oil seeps have been located
and many Cokcviiie residents have
been visiting the field and bringing
in samples OF the oil. About thirty
of Cokevilie's leading residents have
taken a financial interest In the en-
terprise. and arc doing all they can
TO mako II n
, 1923-08-09
Money

NEW YORK. Aug. s.-call money
steady; high 4 -; low 4 IL; ruling
rate 4 a.; closing bid 4 IL; offered
at 4 "a; last loan 4 H.; call loans
against acceptances I IA; timo loans
firm; mixed collateral 5000 days 8 IA;
40 months S II; prime commercial
paper 8 q s IA.
, 1923-08-09

LONDON, Aug. s.-The success OF
recent ofl-drirling operations In the
northern counties OF England and In
Scotland have led to new drilling OPP
erations on a larger scale The oil
found. while not abundant, il claimed
to be of the finest heavy grade and
has lead many biologists to believe
that asphalt deposits lie in this sec
ton.
OH has been found in Derbyshfrs.
Staffordshire b and Midlothian. At
Hardstoft. Derbyshire. a well drilled
about a year ago has produced a thou
sand tons of heavy oil and the well is
, 1923-08-09

NEW YORK. Aug. s.-Directors of
tho American Locomotive company
today declared a quarterly dividend
OF Si.bo a share on It's new issue Of
no par common stock, thus placing
the issue on a six per cent basis.
The regular quarterly dividend Of
I "a per cen was declared on pre-
ferred stock. both dividends being
payable September 20 to stock o.
record September Is.
, 1923-08-09
British Are Encouraged by
Success In Oil Indicating

sim flowing. Five other wells In this
section have shown traces Of oil but
have not yet been pumped.
Indications OF oil have been found
in the S~taffordshire coal mines, but
the prospects are not believed encour-
aging for the operator.
Most Of the test wells have been
drilled by the government in order to
prove the theory that oil exists in
many Of tho sections of the British
Isles. English operators believe that
while the result of the drilling SO far
Is not what was looked for. II is posi-
BILE to produce oil In commercial guam
titles.
, 1923-08-09
Crude Oil Production Takes
Slump for Week in Country

Wyoming and Montana shows a
daily average gross production OF
153. 900 barrels. a decrease Of $3.50.
Daily averages of petroleum for
July were $50 .935 barrels. compared
with '24o.a6e for June and for the
week ended August 4, 231. 900 barrels
compared with 264.z2s for the pre-
vious week.
There were no changes reported in
crude oil prices for the major dis
tricts.
, 1923-08-09

NEW YORK. Aug. e-The daily
average gross crude oil production OF
tho United States decreased $500
barrels for the week ended August =,
totalling 2.24o.9o barrels. according
to the weekly summary Of the Ameri-
can Petroleum Institution. The daily
average production east Of the Rocky
Mountains was 10000 barrels. a
decrease of $4,000 barrels California
production was sb1 900 barrels. an in.
crease Of 1000.
, 1923-08-09
Potatoes

CHICAGO, Aug. s.-Potatoes bare
ly steady; RECEIPTS rs cars; total U.
S. shipments Asa; Kansas and Mis-
souri, sacked Irish Cobblers number !,
1.so @2.10 cwt: mostly around zoo
cwt; Kansas sacked early ohios num-
Der /. 1.7O@1.s5 cwt; poorly graded
l.5o@1.65 cwt: Minnesota sacked early
ohios ungraded 1.2591.5o cwt.
, 1923-08-09

Cash Grains and Provisions.
CHICAGO. Aug. e.-Wheat-No.
red, s9c9s1.oo; No. 2 hard. eehc@
corn-No. 9 mixed. ss% Gs7e; No.
2 yellow. ss@ssAc- =
oats-No. . whlts. s7A 9ssc; No. 8
white. s6937Ac.
Rye-No. 2. 65466hc-
Barley-5s9 63c.
Timothy seed-s4.JG5.bo.
Clover seed-s15.ooQ17.o
Pork-Nominal.
Lard-s10.65.
Ribs-e7.75@s.e2.
, 1923-08-09
Sugar

NEW YORK. Aug. e.-There were
no changes in refined sugar prices
but an improved. inquiry was re-
ported. Fine graduated 100 to 500
cents.
Sugar futures closed steady; ap-
proximate sales. $4,000 tons. septem-
Der, 4.45; December, 4.o5; March. 3.45;
May, 3.62.
, 1923-08-09
on Boom At CokevIIlo

coKEvILLE. wyo.. Aug. Cooke
vile is experiencing an oil boom.
OH 10 the talk all over town. A local
organization has been formed TO drill
a test well on tho Sheep Creek Anti
cline about 16 miles northeast OF here.
The company in headed by Ben II.
Jackson. who has had considerable
experience in financing and drilling
oil wells in other fields. He has
been working for weeks and has the
entire district leased. He has a very
favorable geological report on the
field, made by W. A Bartlett.
, 1923-08-09
Child Has Wrist
Broken In Tumble

While playing IN front of his home
at 1ss South Mckinley street wednes-
day evening. the nine-year-old son of
j.. q. Fleming was pushed from the
curb. sustaining . compound fracture
of his right wrist He ia under the
care OF DR.. N. e. Morad at tho county
hospital.
, 1923-08-09
Denver Prices

DENVER. Colo. Aug. s.-tU. s. De
pnrtment OF ACKNOWLEDGEMENTS
ceipts 1900. mostly 10 to zoo lower.
Top, 1855 for choice 1876 pound aver.
ages. Bulk better grade light and me
dunn weight 7.bo; bulk OF sales. 1885
to T.bo; packer sows steady 600 to
6.25.
cattie-Receipts 400, an oiasses
generally steady. Two car loads pS4
pound grass steers s.25. Plain mixed
yeariings $50; palmer grade grass
cow $50 to $50. Bulk bologna bulls,
400 to 4.25. Gamers 400 TO 2.25.
sheep-Receipts, 100. Killer class.
'es Is 10 csc higher than last weeks
close Two loads western lambs rs
pound averages 11.7B. Two car loads
ewes CTS. few mixed wethers and
yeariinss $50; one load feeding lambs
unsold carly.
, 1923-08-09
Metals

NEW YORK. Aug. Cooper easy;
electrolytic spot and nearby IL Il q
IA 3.s; futures. IA Ia q IA IL.
Tin steady; spot and futures $500.
Iron steady; prices unchanged.
Lead Steady: spot $50 q 6.7b; zinn
firm; East st. Louis spot and nearby
delivery e.15 q $40. Anthony spot
7.75.
, 1923-08-09

should have lone more than a year
ago. ~
Their disclosures are Of q start
ing nature and arc likely to rock the
financial section to It's foundation. 1t
is n matter of governmental ollcy
however. in saying It would be un-
wise at this time TO make the Fuller
n MeGee disclosures public.s
, 1923-08-09

NEW YORK, Aug. 9.-Unnlled
orders Of the United States Steel Cor.
p~oration on July 81. 1923. made pub
lie today totaled 5.siO.7es tons. a de-
crease OF 475,4ss tons as compared
with figures for the preceding month.
, 1923-08-09
Breuntnr Basin Wen

DOUGLAS, Wyo., Aug. s.-The
Burns OIL company. drilling in tho
Brenning Basin. has brought in a
small WELL. Tho shale was struck at
s19 feet and although the drin went
In but q little the oil rose 200 feet
in the hole. A still will be installed.
the Burns company will make
gasoline in the field.
, 1923-08-09

LANDER. wyo.. Aug. e.-rhe Sage
Creek Petroleum company expects 10
drill four moro wells in Buffalo
BARN os rapidly as the work can be
completed.
The rig on section IT Is being NOV
cd TO section is where a test win be
, 1923-08-09

NEW YORK, Aug. e.-The closing
was heavy. Low priced oils were sub
jected to heavy selling pressure In the
late dealings, Trans-contincntai. In
vincible. Maracaibo and General AS
phait dropping 1 to 2 Ia points to
new low levels for the year.
, 1923-08-09

THREE
IN SALT E. FIELD
Midwest Refining Company Drills in Producers on
Own and Wyoming Associated Holdings
During Week; Other Operations

Three compilations are reported by the Midwest in the
Salt Creek for the week just ended. Midwest No. ga. on the
NEN of section 28-4o-79, completed at a depth of 1880 feet,
came in as a 264 barrel producer. Midwest well No. ga
on the NWN of section 23-40-79, completed at 1893 feet, is
swabbing and has not yet been tested. Wyoming Associated
, 1923-08-09

NU.BoNE - coRsETs = NU.BoNE
TO women who cnre: the best and
cheapest on the market. For appoint.
ment call 1881. Mrs, Burkett.
, 1923-08-09
Butter and Eggs

CHICAGO. Aug. o.-Butter un-
changed: eggs unchanged; receipts
1850 cases.
, 1923-08-09

Flax Seed
DULUTH, Mimi, Aug. s.-Closc
flax September 2.3o 81 bid; October.
2.2s Ia bid; November. 2.27 "a bid;
December. 2.2b asked.
, 1923-08-09
Cotton

NEW YORK. Aug. e.-Cotton. spot.
quiet; middling. S24.25.
, 1923-08-09
Sinclair Secures Oil Plum
In Concession From Russia

cw. thing w, have n Of tho ongoins to oil. It is most astounding.
puus of the world in the sakhalnl After all. distribution 4, the big prob
Seward daily gateway., 1923-06-30

W. c. Roche and wife, arrived on the steamship Starr from Lost liar Dor, where MT. Roche is superintend- ent of the sulphur mine at that point
Seward daily gateway., 1923-06-30

U. s. Marshal Stevens, of Fairbanks, who left for the States with number of prisoners, is returning on the steamship Alaska.
Seward daily gateway., 1923-06-30

Rev. Fr. Vashon will hold mass at 9:30 Sunday morning at the Catholic church.
Seward daily gateway., 1923-06-30

Miss Frances Witherspoon, demon strator for the s. & w. products, is in town on her way Outside.
Seward daily gateway., 1923-06-30

Mrs. Helen Lynch, who left for the Outside as matron for a number of prisoners, is returning to Seward.
, 1923-08-23

OMAHA. Neb,. Aug. 2s.-U S. Dc
partment OF Agriculture.HHogs-R
ceipts 1000; good quality light hogs
and butchers fairly active TO shippers.
steady TO 30 higher: coed and choice
1870 to $40 pound averages $s.209s.30;
top ss.s5; $50 to 800 pound averages
S7.25@s.20; other kinds slow: packer
buyers no bidding. talking lower;
looks steady TO loo lower on mixed
loads and packing grades. average
talk yesterday s7.27: weight 271.
Cattlo-Receipts $500; market Is
draggy; better grades fed steers; year
llngs and she stock steady: top year
lings sl2; other grades mostly unsold:
few sales barely steady; boiognas are
steady at s3.2593.75; little done on
calves; early sales steady: stockers
slow. lower; best stocker calves s7.75;
Iowa calf club steers Individual sales
s12Q13.
sheep-Reoeipts 10000: lambs are
steady; bulk fat western lambs si3
top $685.; natives largely s12.25@
1880; sheep steady 10 strong feeders
dull; weak: early top feeding lambs
$3.50; choice light top feeding lambs
up 1895.
, 1923-08-23
BALDWIN WILL
MEET PO|NCHE
IN DISC USSTON
Personal Conference to
Be Substituted for
Note Exchange.

LONDON. Aug, 1s-By The Asso-
ciated PresslERecognizinB tho futllity
OF a further exchange OF lengthy
notes on the separations tissue. Prime
Minister Baldwin has decided TO meet
Premier Poincaro upon tho formers
return from his vacation at AK Les
Bains. II became known today.
The British premier will not for
mally ask his French colleague for
and appointment but VIII make known
quietly through second parties his
readiness TO discuss the whole repara-
lions problem in the light of the
French premier's latest note.
The British premier feels hat while
IN France he should profit by tho sug-
g~estion contained It the end OF NJ.
Poincare's note that France was ready
to discuss the indemnity problem verb
ally. II in thought possible Lord Cur
zon. the secretary for foreign affairs,
may participate in This conference.
The meeting in all likelihood will
take place after Mr.. Baldwin has had
his vacation. and has tho considered
and matured Judgement OF tho cabinet
before him.
, 1923-08-23
State Ceologist Asks for
State Fair Mineral Exhibit

semble exhibits which will give some
idea Of these mineral resources. Capt.
tai is needed for the development of
these minerals, and the State Fair ex-
hibits will help TO focus the attention
OF capital.
Minerals which should be exhibited
include the following;
Coal, petroleum and refined pro
ducts. oil shaie. iron. copper. lead.
zinc. tin. nickel and cobalt. gold, sill
yer, platinum. uranium, radium and
other rare metals. asbestos products,
b~entonite, Fuller's Earth, clay. cement
materials and building blocks. soda
epsomite and other salts. glass sand.
road building materials, building
stones, graphite, gypsum and pro-
ducts, manganese. mica, mineral
water, phosphate, potash. sulphur. and
limestone.
T~hirty-one cash prizes are provided
for first awards. and ribbons for sec.
ond awards, preference being given TO
exhibits accompanied by assays. Ex-
hfbits should be as large rs possible,
should be carefully packed and shipp.
or prepaid to the State Fair. Douglas,
wyoming, Mineral Department, and
should DO shipped at ono Fair dates
September II TO Is inclusive. II their
return Ia desired. transportation will
be done by the railroad free Of charge,
, 1923-08-23

uuOpteut is SdlQ 10 De ready TO aCCept
all the oil produced by Its customers
and to pay the prevalent posted price
for 65 per cent of It. The remainder
will be stored at a nominal cost to the
producer who will receive any benefit
hat may accrue when there is an ad-
vance IN price. AS all the companies
complained of. except the WyoKans.
either own or are interested in pipe
lines. they Will be forced either to in
crease storage facilities or move the
additional oil from the field.
Officers OF the Producers & Refiners
corporation deny hat they are taking
100 per cent of the output OF any Of
their wells except those which arc on
leases offsetting the Teapot field. from
which tho Sinclair controlled Mann
moth Oh company Is taking the en-
tire production. \ rule was estab-
lished some months ago by the con-
servation committee permitting own.
ers of wells on lands adjacent I the
Teapot field to produce their wells at
full capacity. The Sinclair company
has one-Quarter section in the Salt
Creek field which has been operated
at capacity for more than q year. Of
ficers Of the q. II. Williams and wyo-
Kans companies in Denver Wednes.
day stated that they were W OF
any violation OF the proratins rule ex-
cept in cases where 1t was evident
that offsetting wells were producing
at a higher rate than permitted by the
committee,
The total potential production Of the
field as shown by the recent test was
17s.5o0 barrels a day, On a 65 per
cent proratins basis total marketed
output would be 49, 50 barrels,
, 1923-08-23
WALL OF WATER
RELEASED BY DAM.

PUEBLO. Colo. Aug. 2s-Fertile
farms and ranches in the Arkansas
valley in southeastern Colorado ex-
%perienced one OF the worst floods in
recent years last night and early this
morning when an immense irrigation
reservoir IN the Apishapa river south
OF Fowler cracked and precipitated
a great rush OF water down the
valley.
The reservoir. built two years ago
by farmers OF the valley, was more
than 100 feet deep and had a storage
capacity sufficient to irrignte 20, 900
acres. II drains 4 90 mile watershed.
but recent rains and cl~oudbursts in
the region imposed too great a strain
on the structure and part Of it gnvo
way.
A wall of water variouaiy estimated
at from 10 to 20 feet high rushed
down the valley when the dam col
lapsed. The break had been forseen.
however, and telephone warnings had
been sent out so hat residents in the
path OF the hood had time to escape
to higher ground. No loss OF life has
been reported early this morning.
It was reported from various parts
OF tho valley that tho loss in livestock
viii be considerable and hat great
damage to farms, farm buildings,
crops and highways resulted. Estl-
mates early today were that tho loss
would probably reach 81. o0O. 900.
As the wall OF water rushed onward
Il spread until Il covered a course
from two to three miles wide. This
morning. with the crest OF the waters
still moving forward. tho inundated
area was approximately so miles long.
Telephone communication with the
valley towns was destroyed early in
tho night, but shortly before daylight
way and LnJunta.
Fears were Expressed that LaJunta
would suffer severely when the flood
waters reached that point far down
tho Wiley. Damage to other towns
In the district. It was believed, will
not DO great
Al the town of Elder. 1900 feet OF
Santa Fe railroad track was washed
out and power and telephone lines
were down.
Early this morning two Santa Fe
trains. e~Asthound. were being held at
Fowler pending repairs 10 the right
of.wny. and another was stopped at
Nepesta- Other trains on the Santa
Fe we're held at Pueblo.
ono work train had been made up
and WINS awaiting daylight at Fowler
and also for tho flood waters to sub
side before starting out to repair
damage.
Newspaper men who attempted to
reach tho Inundated sections late last
night had little success and returned
to Pueblo until daylight before start
Ing out for n second attempt
The AplHhapa river, where Hood
waters originated. flows into tho Ar
lsansas east OF Fowler and this
stream. already swollen. was unable
70 carry OF tho additional volume OF
water, Pueblo, IS miles up the valley
rom Fowler, was not endangered
, 1923-08-23

and Beech streets. 1t is now AZ Il
coin and Milton streets or very nd
that point, and was moved there
the sole efforts OF n large. now
ful motor truck. Three sets Of VIII
were placed beneath tho s0-ton str
ture. the truck hooked onto a tom
upon the foremost set OF wheels 4
away they went.
The Plains truck is manufnct1tI
In Denver and is n in
automotive industry. but as a res
OF such demonstrations as this. II 1
undoubtedly revolutionize the trtI
ing industry. The truck is OF
four wheel drive type. but Is diner,
from the other machines OF the ga
type, in that Its manufacturers h.
eliminated the universal Joint I
have so arranged the steering &
that ball bearings are used throu
out. When loaded to capacity.
Plains truck steers as easily as
touring car.
The truck laughs at sand. as Il
so geared that instead OF digging
self into aand. the extremely Fl
and powerful movement OF an Z,
OF its wheels pulls the sand under
tread Of tho tire. and lifts the tn
out OF tho hole.
The truck Will soon be represen
in Casper and as a result Of q,
demonstrations as have occurred
Casper during tho past few days, '
undoubtedly prove very popular W
men who want power and durabf
when they want IT
, 1923-08-23

The peopie OF Wyoming do not real
Ire that the mineral wealth Of the
state is its greatest a~ssest. and the
state G~eologist. Albert B. Bartlett. Is
endeavoring TO secure mineral ex-
hibits for the State Fair at Douglas,
to enliEhten the public as to the ire
mendous present production and fu-
TURF possibilities OF the minerals.
At present the annual production
of minerals, including oil and coal,
amounts to approximately $4,000 900,
or about so percent more than the en-
tire livestock valuation OF the state.
The production OF this wealth has kept
the state in a healthy financial condi-
tion, and has been a leading factor In
the growth OF our towns and cities n
the building OF highways. railroads, re-
fineries. etc.
The State o~eologist's office desires
10 keep in touch with owners OF min
ing properties in order to call the at.
tentlon Of capital TO them. and urges
the shipment OF ores and mineral
specimans of all kinds to the State
Fair. in order that a complete dis
play may be assembled.
Wyoming's mineral resources. large
" untouched rs vet, have the stu
rendous value OF so to 90 billion dol
lars. or about $3.50, 900 per capita for a
population OF 2oo.oool We should as