Casper Daily Tribune Newspaper, October 25, 1917, Page 6

: IN THE FIELD AND MARKET | q TODAY'S QUOTATIONS, BY CARTER & COMPANY | Casper Rtock— Bid. Asked. American nwt 08 04 Allen = < tlas _ : ae 20 25 Big Bear 09 10 Black Bear 45 50 Bessemer 33 38 Boston-Wyoming 36 4 Cons. Royalty 80 -92 Center 06 OT% Columbine 55 60 Elkhorn 87 91 "ederal Florence 17 20 0.&G 89 91 oO. & G 35 aR oi »cla-W yoming 07% 08 Jupiter t04 32 Kinney 1.423 1.50 Knickerbocker 1 R { {com.) Mid t (Pref.) Midwest Refining Midland 0231 04 Northwest 85 90 Out West 26% Premier Pathfinder Plymouth Rock 29 Royalty 3.00 Republic 14% Rugby . 19 Salt Creek Pet. . 31 Shiloh 37 40 United Pet 40 41 . Sniversal Exp. ... 55 65 “ind River .22..; rey ase Vyo-Blackfoot Os 08% Western Exp 5.00 6.00 Wyoming Apex 04 06 Yale-Wyoming 05% 0°? E. T. Williams 2.90 2.95 Young 1.00 1.10 Denver. N. Y. Cb. (noon) Bid Asked Bid. Asked. 03% 03% ps == | - 62 15 | 10 10% is 44 : a4 84 40 a= ed 34 35 34 36 90 1.00 -06 07 | .60 68 | RS 90 cians | 3.37 3.50 | 88 92 85 95 15.50 16 00 : 26 ( Ut ( i | 15% lf | 140 41 1.44 | 1.37 1.47 1.43 1.50 140.00 142.00 137.00 140.00 03% O4 90 85 88 26 26% 30 ‘1 20 $ 3.00 35 45 Bulgar, Austrian and Turkish Hold- ON a — eal ieee SNE hes THREE NATIONS T0 BE SEIZED | | | ings Included in Plan for Gen- | eral Seizure in War Emer- | gency Here. WASHINGTON, D. C, Oct All holdings of Bulgarian, Austrian jand Turkish subjects in the United | States will be seized as man property, Custodi Palmer announced today countries are regarde yell as Ger-| 1 William | The three enemies Jaltho no formal declaration of war | has been made ruling today with the intries of supplies subject to se The in question have eizure of Bulgarian ‘property not change diplomat relations America ting atp resent between and Bulgaria, te le has an- nounced. The s that the | Bulgarians will Ameri- cans unless the attack them on Bulgarian territory. A prominent legation official de clared today that the Bulgarians have never ted on the western front, and t Sofia premier is expected to consider America's action as justifi- able NAVY DEPARTMENT WILL OPERATE U. S. TRANSPORTS | WASHINGTON, D. C., Oct. 25.— The navy department has decided to take over and operate army trans. | ‘ports and will man them with fighting | men, it was announced today, 25 BRITISH SHIPS SUNK | LAST WEEK BY U-BOATS SALESMAN ARRESTED FOR TRAITOROUS STATEMENTS CHEYEN Oct. 25.—United States authorit are conducting an investigation of Louis Phelan, a trav- eling salesman, charged with alleged traitorous remarks directed against ited States government and nt Wilson. Whether or nov Phelan will be arraigned before i United States Commissioner D. W. Gill and given a formal hearing, United States Marshall Hudson, who arrested Phelan Sunday night, did not state. It is charged that Phelan, who in company with a number of other men came into Cheyenne on a late train Sunday night, uttered traitorous re- marks concerning the attitude of the ‘ United States in the war with Ger- many and that President Wilson w referred to in terms of the greates disrespect. 4 aT ; CASPER GIRL “ADOPTS” TEN SAMMIES IN ARMY Have you adopted S If not, you are taking a chance on 4 losing out, particularly if the pro- gram mapped out by a Casper girl is followed by the great mass of femi- | nine population of the country. Miss Florence Gibbs, of 407 East Fourth street, has “adopted” ten to date and | is now ministering to their comfort at home and abroad by sending them ar- ticles which only a soldier can appre- ciate *To ammy” yet? do this she purchased $100 worth of yarn and as a means of par ® tially financing her venture is sell- ing chances on an elaborate quilt which she worked with her own hands. In the meantime she is working away on the yarn and hundreds of yards | have been converted into warm mit- | tens and kindred articles d protect her adopted brothers from the rigors of a cold winter, ahaa aE RAILROAD EARNINGS FOR AUGUST SHOW DECREASE NEW YORK, Oct. 26 Net earn- ings of the railroads for the month of August show a decizase of approxi- mately $8,000,000 under revenues for the corresponding month _ last year, despite the fact that gross rev. enues have increased $30,000,000. This will be made the basis for the support of claims advanced by the N s railroads for a rate increase. ———___ HOD CARRIERS ASK FOR INCREASE TO $6 A DAY A large sroup of hodcarriers, act- rap cede mdently of the local union, wi wall out for an increase in wages. They were joined laborers now ietsing 86 a day and want a promise of $6 before return- is strike is not general and will have no appreciable affect on local construction work inasmuch as it was not authorized by the union. yeah BS nic aratdag . American Beer for France. one French beer brewing industry have to be aided by imports of barley from America in order to be cObtinued herond July 1, so one is informed by the authentic OMcial Pat- {efin. “The reach | rs aré said igned to | e to register! 5 a Do it to- nigt before 9 o'clock. match to be staged at the Theatre and the Casper sion tickets, 50c; reserve We are here to serve peo WRESTLING Tickets for the big Hemphill-Wuerner Wrestling Lyric Theatre Friday Night, Oct. 26 are now on sale at the Java Coffee House, Lyric First preliminary promptly at 10 p. m. Ladies especially invited. their financial conditions. Will You Let Us Serve You? LONDON, Oct. 25. British ships were sunk ] German submarines as inst nine- ‘teen for the week previous. Of those sunk last week nineteen were of 1600 tons. | ——— Twenty-five | st week by Buffet. General admis- d and ringside seats, $1. ple who want to improve J. F. LEEPER, President. M. J.B @ Midwest Building \o sell for cash; see Citizens State Bank Of Casper . J. Vice-President. C. H. HORTS: » Sec. Vice-Pres. . J. BAILEY, ier. - Geo. B. REAL ESTATE AND INSURANCE If you have a vacant lot, or house and lot Nelson Phone 3] THE CASPER DAILY TRIBUNE — PROPERTIES OF oy pa ns, eee Stock to Advance 100 Per Cent Wednesday, October 31, 1917 NOW CENTS A SHARE While This Block Lasts IF YOU MISS THIS OPPORTUNITY YOU WILL HAVE NO ONE TO BLAME BUT YOURSELF Stock to Advance to 1 Oc a Share 9 P. M. Wed., Oct. 31,1917 WE HAVE MADE GOOD EVERY PROMISE. EVERY PREDICTION FULFILLED. THE MOST » ACTIVE FINANCING CAMPAIGN EVER ENGINEERED IN WYOMING OIL. WHY IMPERIAL OIL & REFINING COMPANY STOCK HAS INCREASED IN PRICE. Usually a ¢ may have ever so good prop mpany erty, but if y cannot raise sufficient funds to de velop their holdings, the stock is not worth even th paper it written on, and it is only a matter of time until the leases dis back to the o owr ers and all the stockholders have got for their invest nent y stock certificate rs of the Imperial Oil & Refining Com this long before the company Was or ed an ommenced negotiating with e east brokerage houses of the highest standing to f nee this company to raise sufficient funds to drill many wells, to build a refin et A FEW SHARES OFFERED BELOW PAR While the deal with the eastern brokers was pend- ing we offered a few shar n the Imperial Oil & Refining Company below par (which is 10c a share) the stock is to be offered in the east at not less than par. It is up to us to advance our price to meet the elling price in the east, which means that we must sell the Imperial Oil & Refining Company shares at 10 cents a share. WHAT BOARD OF DIRECTORS DECIDE vas the intention of the Board of Directors to raise the price at once, but we, The Petroleum Fund- ing Company, General Agents for The Imperial Oil & Refin ¥, prevailed upon them to let us increase 2 pric and at short intervals. Our first allotment was over-subscribed—a great many orders were unfilled—so this will give every- one a fair chance The Imperial Oil & Refining Co. INCORPORATED UNDER THE LAWS OF COLORADO. CAPITAL $1,500,000, PAR VALUE 10 CENTS. FULLY PAID AND NON-ASSESSABLE. The Keen-Brained Man Who Invests at the Start of any Enterprise Makes the Most Money. The Strag- glers Who Come in Later Are the Men Who Help Him Make It. Fortune’s Timid Knock. If ever there was a time ce man began to figure around on the chance of making a fortune, through investing a few dollars than right now in The Impe- rial Oil & Refining Company, the time and the cir- cumstance escape our memory. Our Proven Property Values. This ideal condition gives the investor the golden opportunit One more step in this company’s development and it appears certain that the stock will either be taken off the market or be offered at a much higher price. TO THE STOCKHOLDERS OF THE IMPERIAL OIL & REFINING COMPANY: Realizing that many of you have acquired shares in this company at a low price with the idea that on account of the great interest now prevailing in Wy- oming oil that you would be able to dispose of them at a higher price, this communication is addressed to you for the purpose of explaining the intrinsic value of your investment and urging you, under no circumstances to dispose of your holdings at the present time. It is the belief of your officers that in a few months every share of your company’s stock will have a value far in excess of present quoted figures, that large dividends can be paid and substantial sur- plus set aside. For the purpose of developing its properties and constructing a refinery, treasury shares are now be- ing sold. These shares have been underwritten by responsible brokerage houses on New York, Denver, Chicago and other cities. With the completion of the underwriting, which is now well under way, your company will have in its treasury a cas 7 sufficient to drill many wells and construct a refin- ery of 500 barrels, which can later be enlarged as production increases. Properties.—-Your company owns a leasehold on 200 acres of land in Park county, Wyoming, two miles from the town of Cody, and lying midway be- tween the great oil fields of Elk Basin and Grass Creek. It is the opinion of the best geologists that the Cody field is on the same anticline as those fields. Its merits may be summed in a few words. Accessibility.—Crossed by a railroad line, making it possible to transport crude and refined products without the great expense of pipe line construction or long hauls of supplies over indifferent roads. Production Poss —When your company acquired its property i over a completed oil well and in the immediate vicinity other wells have been drilled, thus absolutely proving the presence of oil. The company’s holdings are surrounded by a large tract of government land which the engineers of the Interior Department selected as oil territory, thus giving it the stamp of government approval. Several oil sands are known to underlie the property at Ben as greater than the deepest well already drilled in the field. Between the surface and 1200 feet three prolific sands have been penetrated. The deepest well drilled in the Cody field struck an enor- mous body of gas and oil which came with terrific force, catching fire and destroying the rig. The fire was extinguished with difficulty after doing much damage. At 300 and 800 feet good bodies of oil were encountered, believed to be capable of making wells of from 50 to 100 barrels of settled produc- tion. It is the firm belief of your officers that by drilling ten wells a daily production of at least 500 barrels of oil can be obtained. Quality of Product.—The oil in the Cody field, which can be dipped from the old wells, is the equal in quality of any oil produced in the world. It has a specific gravity of 57.3 and from first refinery runs throws off as high as 50 per cent gasoline. Thus a barrel of 42 gallons of erude oil will make 21 gallons of gasoline, and after allowing for loss in refining, will leave approximately 18 gallons of residium or wax oil, suitable for lubricants or fuel, which can-be sold at the refinery for $1.50 per barrel. Cost of Development.—The wells to be drilled will, under no circumstances, cost in excess of $5,- 000 each. The company has had bids from respon- sible drilling contractors ready to enter on the work for a fixed price per foot of hole drilled. It seems desirable, however, for the eompany, to own its own drilling equipment, and it is believed that its wells can be led for $3,000 each. A well can be fin- ished in thirty days, and possibly much less time. This cost and rapidity of development is in contrast to the situation in many fields where wells will cost as high as $50,000 and require many months to complete. Title.—The Cody leases are on lands deeded to in- dividuals many, years ago. A royalty of one-eighth is paid to the land owner. Title to most of the land ig Make All Remittances to H. B. GUTHREY CoO. 162 Center Street, Room 4, Ramsey Building. auras a en in Wyoming still rests with the U. S. Government and oil rights are based upon so-called validations, that is a discovery of oil in microscopic quantities is sufficient to constitute a mineral discovery. Estimate of Profits. is the belief of your offi- cers that the Cody le alone will show sufficient profit to permit the payment of annual dividends of 30 per cent upon the issued capital stock after mak- ing proper allowances for expenses, betterments and depreciation besides setting aside a large surplus. This estimate is based upon the following table: Estimated Gross Production (daily) 500 Barrels Less One-eighth Royalty _ 5 Net Daily Production __ Gasoline Produced (50 per volume) ae Wholesale Price $6. perigallon) © = 22S SS = Value of 200 barrel residium (est.) ae 43 cent of ~.~-218.75 Barrels 0 per barrel 15c¢ --$ Gross daily revenue __-_____-__.___-& 1,678.12 Gross annual revenue —______ $612,113.80 One-half of this amount can safely be applied to dividends, leaving approximately a similar amount development, betterment and expense. Speculative Possibilities.—In addition to the Cody oroperty your company holds a one-eighth royalty ease on 640 acres in the Muddy Creek field in the southern part of Carbon county, Wyoming. Two or three shallow wells have been drilled in this field, demonstrating the presence of oi]. The dome has the approval of the highest geological authorities. Your company also owns a fractional interest on an adjacent tract on which a test well is to be drilled immediately. If this well develops oil in commercial quantities, the leaSehold of the company will have a great value. A stipulation of the lease gives us an option to buy the land for $30 per acre. The pro erty can be operated under the royalty or bought outright at any time on payment of the stipulated amount. We have every confidence in this land. If it is oil bearing it is worth not less than $1,000,000 on the par value of all the stock which it is proposed to issue et this time. Other moldings.—Your officers are continually in- vestigating attractive oil territory with a view to leasing or purchase. It is probable that more desir- able tracts will shortly be added to the company’s assets. Your Board of Directors desires to impress upon you the fact this is your company as much as theirs, that your co-operation and loyal support will be of material assistance in making the Imperial Oil & Re- fining Company one of the largest and most success- ful corporations in the country. You are weleome at any time to visit the company’s general offices. Any information which you may desire will be glad- ly furnished. 1,378.12 0.00 DIRECTORS B. A. Hayden, experienced and successful Cali- fornia Oil Operator, President. B. M. Howe, California Oil Operator, Los Angeles California, Secretary and Director Trojan Oil Com- pany, V. P., Calgary, Ltd. J. S. McCarthy, Former Oklahoma Operator, Gen- eral Manager Calgary Petrol, Ltd. (Corporation known as Calgary Petrol, Limited, owns all the rights and is constructing a plant for the extraction of gasoline from gas at Calgary.) Property includes the famous Dingman well. _,W. H. Byington, President National Tractor Co., Chicago, Illinois. ,_W. B. Slife, Denver, Colorado, President Colorado Corporation Service Company. Respectfully submitted, | i __ B. A. HAYDEN, President Imperial Oil & Refining Company. _The money of the stockholders of this company will net be eaten up by high-salaried officials. No officer will draw a cent until the company is on a paying basis. eee H. B. GUTHREY COMPANY, 162 Center Street, Room 4. Find enclosed $__-______ for___________. of Stock at Five (5) Cents per Share, of The rial Oil & Refining Company, fully paid and non- assessable. F Nak: <3 oe ee as Town State _ for. Partial Payment Plan. - You can pay one-fourth down, and balance in three equal monthly payments, certificate to be for- warded to you upen completion of payments. You WHGE might be tn pole corte ae of mentee oe wl mig! e ice on Your certificates. Ms ‘ ¥ 38 WYOME {t