Casper Daily Tribune Newspaper, November 29, 1918, Page 4

oe OIL INDUSTRY T0 A JUMP INTO LEAD Iron and Steeel Trade Will Be Sub-| ordinated to Petroleum Bus- iness in Future | OTOGK oALES [a MODIFIED HERE The oil business is to be the great-| est in the world in a few- years, ac- cording to some of the well known! business men of the east. Even the} iron and steel trade, which today | News of great importance to Be holds first place among the nation’s oil development in Wyoming, and to and world’s greatest enterprises, is | oi) companies and other ente to take a secend place within the | was teceived in Cheyenne from A. E. short space of five years. Ramsey, chairman of the Capital Is- One of the sponsors for this is\sues committee at Washington, stat- Emile Deen, one of the directors of|ing that companies wishing to capi- the Shell interests which has a rep-!talize at anything less than $100,000 resentative in this state in the Rox- could do so without making applica- ‘ana Petroleum company. Mr. Deen|tion to the committre, and that the Less than $100,000 Permis- sible and Means Much to. Wyoming Deyelopment Tprises is a Hollander, and has spent years stock of said companies could be of-, developing the oil business for his |fered for sale, European partners in this country. | State Tribune. In an interview in the Wall Street | Amendments have bee nmade to Journal Mr. Deen says, in part: says the Wyoming mand for oil diminish or increase, | visions. stand a considerable diminution until up.to $100,000 the other oil fields of the world have have to secure permission to issue been in a measure jmpaired by the more. Smaller companies, however, impossibility of additional drilling, | who have issued stock in less amounts hit their stride of new production.|can issue more in the same or a dif- Indeed, I should say that it would be ferent enterprise up to $100,000. to the interests of this country that The importance of this ruling to there should be a slight diminution the state of Wyoming cannot be over- in the demand. Many persons, how-|estimated. Several oil companies ever, do not look for this. New uses have been. held up because they were for petroleum and its products haye| unable to sell their stock. Develop- come with war and will continue with|ment has been halted and in some peace. instances these companies have lost “Oil as fuel is enjoying more gen-|their lands, and their opportunities, eral use daily. Al] navies are being | according to reports. There is some equipped to burn fuel oil. The Eng-/ stock in banks which has been held lish and American consumption is|for a long period pending a decis- ©normous. Many of the merchant|ion from this committee, which it is ships are being constructed to burn | believed will now be automatically fuel oil. In that respect the devel-| released. opment of further exploitation in the Mining companies, land companies, fields of Texas, Mexico and Califor-|and others will now be able to go nia are a Godsend to our economic | ahead. life. We need suppose because the the coming spring and summer, the thousands of airplanes and tens of development. of Wybming’s thousands of tanks and motor lorries natural resources will be allowed to will no longer be engaged in war-| continue unhampered. like pursuits ,that the use of petro-| Development in the Lusk, Man- leum for Tuel will cease. The armies ville, Coal Creek, Lost Soldier, apd must be transported; France must be|a few other oil fields will probably rebuilt. | be speeded up, through the fact that Gasoline transportation will play a the companies operating in these part in this work, which may take | fields will be permitted to sell their 20 years of uninterrupted effort. may not be known generally that a/| velopment. M number of railroads in the United | companies, companies or private States are already adapting their new | working in these fields which have | locomotive equipment to the burning | heen seriously hampered by the Cap- of fuel oil. Those roads that run |ital Issues committee. thru coal regions do not need to do} > so, but those roads that can easily | tap fields which are producing heavy | and dense oils, adaptable for fuel, | haye estimated that it will be a great economy. The Atchison, Topeka & Santa Fe railroad is making such a change and is turning some of its coal-burners into oil-burners. The Southern Pacific has entered the oil industry itself, and its transactions in petroleum figures in its most re-| cent financial statement.” | ‘BILLY’ COBB IS SAFE. Any anxiety that the A. H. Cobb, of Prum, between Merzig and Sarre- family might have entertained oyer|gruemines and comprising Sarrelouis the fate of “Billy” Cobb was dissi-|and Sarrebuck.” He adds: pated by the receipt of a cable yes-| ‘‘It seems possible that this en-- terday by Mrs. Ethel Cobb, at Kem-|cronchment may have been made merer, and relayed to Gasper, saying| with a view of attempting the an- that-he is well and safe in Paris.|nexation of these territories to Al- Lieutenant Cobb had been in active sace-Lorraine. The Gefman goy- fighting for some time, and the mes-| ernment makes a most solemn protest sage gave a new touch of thanksgiv-| against attempts to deprive Germany ing#in the Cobb home. of these territories.” ZURICH, Nov. 29.—German For- eign Minister Solf today addressed a note to the Allies announcing the third state of withdrawal of the Ger- man armies reached, “and encroach- f SPANISH A practical language, is taught in evening classes. CASPER BUSINESS COLLEGE, Inc. Smith Tarter Bldg. Phone 349-M. ort Second and Durbin eoopeoecsoree P eoccsccoecosoose: ahtececccovecs Sede ebe Geesnte te teete estes "e Springs 1M eadeateieadectoatente ° ae ° io roe, COAL We have several cars Rock Springs Coal on hand. Fill your coal Coal. Keith Lumber Co. Phone 3 bin with this good te It} stock and go ahead with their de-/ There are several small) “ALLIED ARMIES [8 PROTESTED ments upon the Rhine country west} ct ULING AGAINST | : ; \Incorporation of Companies for the rulings of the Capital Issues com-| !§ “Now the question is, will the de-| mittee which make the above pro-| There is a provision in the couple of v , now that the armistic has been signed | amended tules which states that ap- received yesterday shows that it will and peace is in sight? Before garn-|plicants who desire to issue stock,/net fhe owners of the mine about ing capacity suffers it can really|and have already issued it in amounts| $10,000 when the contents are dis- since April 5 will| posed of. 1 |977W. 11-27-2¢* mote the pleasing results. | PEACE MISSION: IBy Associated Press] WASHINGTON, Nov. 29.-—With| all arrangements completed for the The recent shipment of ore from ‘iP to Burope next week, President | the Silver Hill mine at Lusk to the | Wilson worked several hours on his| concentrator plants has resulted in a Message to Congress, which is be-| pleasing surprise to even the most en- lieved to contain the first announce- |thusiastic of those interested. The| Ment of the delegation selected to at-| |previous shipments of ore from this| tend the peace conference. — ee | \mine ran to 2.67 per cent manganese In Some quarters the impression | but the last carload showed a basic prevailed that the names of delegates | percent of 4.22 per cent manganese. | Would be made known this week but LUSK 0 RUNNING HIGH |Shipments from Old Silver Hill, | Property Shows Over Four | Per Cent Manganese FRIDAY, NOVEMBER 29, 19}; “NEW SERIES OF Wea STAMPS IN 1819, DECISION Will Mature in 1924 and Conform to Same Terms as Present Issue, Says Secretary McAdoo in Statement The following statement made by William G. McAdoo, Secretary of the Treasury, has just been issued in Washingtan. “The Secretary of the Treasury has determined upon the issuance of a new series of War-Saving Certifi- cates and Stamps to be placed on sale early in 1919 and to be known as the Series of 1919. The new se- ries will have a maturity date of Jan- uary 1, 1924, and in practically all respects will be issued on the same terms and in the same manned as the This means in effect tilat the mine it seemed probable that they would | } will prove richer as the miners go into be announced first in the address of | |the hill and the vein is also opening hee Freaient to Congress Monday or} videnin i being Tuesday* | tS a aia ee It is undestood that Secretary Mc-| The mine is operated by the Lori- Adoo’s successors wil] be announced | mer Minerals company and a good oe share of the stock is owned by Ross | Lamber who originally owned the now famous Silver Hill at Lusk and sold out that part on which the mine situated. The first carload was shipped a veeks ago and the report is Car apples just arrived. Prices! $2.65 box, up. Be sure and see our! assortment before buying. Whole- | sale Supply Co. 11-23-3t | HAVE COLOR IN CHEEKS Be Better Locking—Take Olive Tablets —————— U-BOAT. AVENUE OVER MILE LONG AT HARWICH [By Associated Press] LONDON, Nov. 29.—A Reuter cor- respondent who visited “U-Boat Ave- nue,” off Harwich, where the surren- dered, submarines are lying, states that the “Avenue” is more than a mile long. Officers when asked the whereabouts of their flags said their flag was a red one. I your skin is yellow—complexion pallid | Bish ied wk Laermer have | a bad taste in your mouth—alazy, no-good feeling—you should take Olive Tablets. Dr. Edwards’ Olive Tablets—a substitute forcalomel—were prepared by Dr.Edwards | after 17 years of study with his patients. | Dr. Edwards’ Olive Tablets are a purel vegetable compound mixed with ojive oi You will know them by their olive color. | To have aclear, pink skin, bright eyes, | no pimples, a feeling of buoyancy like chil days you ee at the aye Dr. Edwards’ Olive lets act on { i bowels like calomel—-yet have no dangerous after effects. ~ een. ally PAO: and 250 per box. All Sewing machines for rent; phone druggists. Take one or two nightly and This will mean that during| great} | TODAYS MARKETS BY WIRE Local Stocks | New York Curb Bid Ask Bid Ask American __ = 02 .O2% Midwest, pref. _.-12¥.00 131.00 | Bessemer - = 08 .10 Midwest, com. --_ 1.04 1.06 Big Bear _ 02 -024 | , Midwest, pref. ~ 3848 1.82 | Big Five 019 024 | Merritt ——_ 2921.00.) 22:00" | Boston W; 20 +22 | Glenrock Oil = ~-8.87 3.62 Big Thdian — -26 | Gosden -__ = 18:87 7.00 Center ___ 2 002 | Okmulgee — 1.87 2.00 Columbine _ 23 Sapulpa _- - 7.00 7.25 Con. Royalty 87 Houston Oil _ - 71.00 73.00 Casper Embar — -004 Oklahoma P & R_ 9.00— 9.42 ' Elkhorn -- -69 s Geie | Hecla -- 008 New York Stock Exchange 1 Jupiter — -05 Stocks | Kinney - ~68 | Mount. & Gulf___ 477) Open Close | Northwest ___ 51 Mexican Pet. _--__ 155 159% Qutwest ~~ 04 Texas Oil 179 182 Pathfinder _ -06 Sinclair Oj] ~-- 34 Premier -- U. S. Steel___ 949 96 Picardy ~__ Riverton Ref. — Liberty Bonds Republic __ Open “Close Shiloh ___ — 99.00 99.00 United Pet. = 96.00 96.00 Western Ex. — 95.10 Win River Ref___ — 97:72 E. T. Williams--_ 96.86 WygqKans _ =~ see e804. OB.) | Wyo-Tex. ___\___ < _ 96.90 96.90 | | eae 2, 2, i estes wv ‘Now Showi WYOMING CRUDE OIL MARKET ---$1.00Elk Basin .__- + 1.50Gr Creek - 1.50Fo = 1.50Lander - Warm Springs —_ Salt Creek _ Big Muddy Pilot"Butte __ aa aa Hag Tela fe a 3 * } Se ee | SIS SS OSS SS SSS E IS LL SSE EES OSS SLL LS LS SSS: ee | many new patterns of fine china 7, <3 mn Direct importation from Japan. Very reasonable prices. e 2 Jey katt Hand-Painted China in Plates, Cups and Saucers, Tea Sets and odd pieces. Make nice gifts. z te ‘ Choose Community Silver in sets or odd pieces for your gifts. Always welcome gifts. x x SoA as BEN URFFER TODLS ANDY Knives WINCHESTER GUNS 2 ANB: AMMUNITION ' HOLMES HARDWARE CO. Holmes to Homes—Casper, Wyoming, Phone 601 ts CLelhe © consti- | ; millions of boxes are — ———— — present Series-pf 1918. * “A new $5 War Saving Stamp, blue in color, bearing the head of Benja- min Franklin, the apostle of saving, and a former Postmaster General, is in preparation. The new stamps will be placed on sale early in 1919. “The same Thrift Stamp cards now in use will be continued in 1919 and will be exchangeable into new series of 1919 War Savings Stamps, payable January 1, 1924, in the same way as |fhe exchange has been made during| this year into the series of 1918 War! Savings Stamps.” F. J.S. SUR Petroleum Geologist will be open for engagements be- tween Nov. 18 and Dec. 18. Wire or write 503 CommonWealth Bldg., Denyer, Colo. GEOLOGICAL WORK Maps and Blue Prints, Surveying Wyoming Map and Blue Print Co., Crude Oil Testing a Specialty P. O. Box 325. Rm. 10, over Lyric W: Qe Contract or Percentage PETER CLAUSEN Household Goods, Pianos, Etc. Storage pore cn Bur n : : ic CHAMBERLIN FURNITURE AND UNDERTAKING CO: Oil Well | Supply Co. Our new Forge and Machine Shops are now in operation e and Visit Us We make a specialty of Repair Work and will give you--- Service B. F. Zeigler, Foreman i ae fe ey CASUALTIES TO XLEINLEIN PROMOTED 7p A.E.F. REPORTED BY WASHINGTON Among 3,899 casualties announced | by the war department for publica- tion on Thursday and Friday are the following from Wyoming: James G. Holman, Rock River, killed action. Ch A. Bair, Rock Springs, killed in action. Frank Lambert, Chugwater, died of disease. Thomas PD. Saunders, Cheyenne, wounded, degree undetermined. Ora Coll, Dwyer, missing action. Liberty Bonds Wanted BOUGHT FOR CASH—TOP MARKET PAID The Secunty No. 4 Kimball Bldg. SERGEANT BEFORE e4y “Across the old English lonce more and back |writes Paul E. Kleinlein, + | The Tribune, under date of “At present we are x ser: but will soon move o | final destination.” Howey likely that Kleinlein saw m seryice after this date in ¢ jmistice was negotiated so; weeks later. During the thro: | preceding he had been trai the “tank’ service in Er had been promoted to serg. —___ | _ Casper Loan office loans mo iclothes, jewelry, guns, musica] ments and diamonds. in Phone 702 \ BEST BOWL OF % Back of Grand Central Bar. popular prices. Quick Don’t discard that Broken welded. and other metals. 118 S. David Qn the point next to the Natrona Power Co., -just south ofthe R. R. on Cen- ter St. The best service. All kinds of Qil, Grease, Gas and Auto Accessories, Vulcanizing, Air and Water for your Cars. Stop and fill DOP POP OPP ID OOO OTT 15c AT THE CHILI KING LUNCH Getting New Parts from the Factory ig Very Unnecessary We save you time and money. Welders and Brazers of Cast Iron, Steel, Aluminum, Bronze ALL WELDS GUARANTEED. OXY-ACETYLENE WELRING SHOP Across From Shockley’ e . When You Are in Trouble, Bring Your CAR TO US OR PHONE 79-3 Best Mechanics—All Work Guaranteed EAST SIDE GARAGE Buy W. S. S. GEO. E. DAViS, Proprietor CHILI IN TOWN \ \ ‘ All kinds of Sandwiches a! Casting, but bring it to us to be Phone 611-J De 6 tb ee eh Ed ee ee poms