Casper Daily Tribune Newspaper, December 6, 1918, Page 4

*‘eitement in Casper the past year, the| ‘greater part of these have by now ~GILOPERATIVE- TO HOODO0 WELL TOWELL DRILLING NEW TESTS AT. SUSPEND WORK START DRILLLING ON STATE LINE Operations in Richard Field Post-| 'Resumption of sf Work on. Cheyenne | Actiyity Reported, | from Northen Development Work Carried Into Flat Top Region to West by | poned Until Spring by Action | hor of Directors | The directors of the Wyoming Co-} Operative Oil company met at the of- fices of the company in the Lyric | theatre building last evening and de-| cided to suspend operations of their) well in the Richards field until spring. | The high cost of casing and drill- ing tools has held the work of put- ting down a well in this field, but the directors hope to have matters in such shape that the work can be done! satisfactory by next spring. The Richards field lies between Moneta and the Richards station on| the Chicago and. Northwestern rail-! road and the Co-operative cOmpany has completed a rig in the field. The; rig was at first completed on prop- erty which the firm was to take over by a verbal agreement, but it had, River Test to Begin at 1,500 Feet, Is Claim Again the Hoodood well is in the| limelight. and other _ minor Cheyenne River Oil company well, |about twenty miles north of Doug- las will be drilling soon if the pres- ent plans go thru. This well has rightfully earfied the title of the hoodoo. well for it has had one accident after another and it seems that all those who have wored on ‘the hole have a share in the bad luck. The culmination came last |winter when a wife of one of the drillers shot him, killing him 3 | stantly. Altho there has nét been any drill-| ing done at the Cheyenne River Oil company’swell for several months, the officers of the company have not given up, entirely... At.present two! difficulties the/i Wyoming Where Absaraka _ | Company Has Hopes The oil men in the northern part was expected to last all winter. The ; Roxana Petroleum company is drilling a well near Colony close! to the. South Dakota state line and | company will comnience drilling oper- 2S ations ant the onthe ls of ashe: ¢0) the hole is getting to, an interest depth. The Absaraka well on Sheridan dome on thé Tongue river is at 2,200 feet. The well has a large flow of water but casing and a packer have been raceived and the water flow will be shut.off at onee. Crete to informatidn that has been given out, every arrangement has been made to sink the well to a maximum depth of 3,500 feet . if fecessary and at all hazards, the field will be proven or the fact be demon- to be torn down and moved to other | Denver concerns are negotiating for| 4+ workable depths. property because the parties to the | agreement refused to keep their. part) of the contract. The rig is now re-} built on land to which the company | has a good title and the way is clear) to push the completion of the well as soon as the available fands are at} hand. The directors.extended a vote of confidence to the manager of the company and commended his handl- | ing of the affairs of the firm since it) was placed in his hands. At present the Co-Operative has a nice bank bal- ance: and. does not.owe.a single cent to any firm or individual, The directors of the company are all Casper people with the exception of Mr. Becker of Shoshoni, E. C. Cur- tis is the president, and Dr. Norwood | the vice president. While there were hundreds of oil! companies chartered during the ex- gone into the discards and only those which has had good backing have weathered the storm. The Co-Opera-| ive is in the latter class‘and is one of the few that is still doing business in spite of the hard times. of last fall and REODNAL i Sites OIL WORLD LANGUISHES FOR LAGK OF MEASURES TO ENCOURAGE DRILLING: (From The Sheridan Post) - | The crude oil industry languishes| while conservationists and. theorists in congress hold up needful, legisla- tion. The socialist propaganda for government ownership and operation of oil lands and refineries attracts | the politician. | * But it does not help to produce oil and. in fact, private initiative and pr | vate capital alone have proven a atime | ulant. Government ownership, and operation would rob states, counties, cities, road districts and school dis- tricts of taxes. This taxation would, fall on other industries and oil pro-| duction would still go lower. In the meantime for Jack of; con- structive legislation crude oi} deliv- eries to refineries are shrinking and; production declines: Department of the interior reperts show moderate gain in the quantity of petroleum moved. from wells -and | field storage tanks credited in Sep-! tember to North Louisiana and Gulf | Coast fields was more than offset by| loss charged to other fields: and .re- sult was a net loss of 7 per cent com- pared with September, 1917. Additions in September to stocks of North Texas%and of North; Lou‘s- iana oil were wholly inadequate to|_ offset current drafts on reservoirs of other oils, and result was a net)deple-j tion of about 4,000,000 barrels in stocks during the month. Since Sep-| tember 30, 1917, stocks of petroleum) ‘produced in fields to which this sum-| imary relates have been depleted more) than 24,000,000 barrels. | The quantity of crude oil appar-| ently consumed in September, 1913, was 7 per cent greater than in Aug-! o. ust, 1918, and 2 per cent greater |" than in September. 1917. Isn’t it about time our legislators awakened to the situation? ee ——— ae NEW HOTEL FOR MANVILLE, MANVILLE, Wyo:—The excavat- Sng for the new hotel was started last week and Contractor F. J. Larson re+ ports that it opened, for business by. spring. - This structure, which is being erected by 4 company of local men, will cost about $70,000. The dimensions of; the building are 42x122 feet with an ell 42x66 feet. and will contain 42 large rooms. The intention of the company is to have everything the. very best. and |count.of the war, OF LIBERTY 1S ill be completed and} a contract by which they can drill out the leuse and it is possible that a deal will be made within a ‘few days. The hole now stands at a depth of | about 1,500 feet, the company being forced to discontinue work on ac- It was stated a few days ago that im case a drilling contract was not Jet the company it- self would ncotuiterite drilling early next spring. The Cheyenne River basin is still attracting the attention of oil oper-| ators from every.part_of the country and many believe that one of the| state’s largest fields lies in that dis-) trict, which is about forty miles | mortheset: of Cilia 6 YEW TOWN OF STEPHENS SPRINGS UP NORTH OF DOUGLAS ON BURLINGTON The ranchmen and homesteaders in the vicinity of Stephens, fifteen miles | | West of Douglas, on the Burlington, | | will soon have a postoffice and trad- been received during the past weel that the government had shipped ti: | postoffice fixtures, says the Douglas) Enterprise. Frank Tracy has been} appointed postmaster and will operate | the postoffice in connection with his| |general store which is now being} erected. Two,store buildings, each 24x60 ft.) ire being built at. present, one by Mr. Tracy and the other by Vern Pruden, who will conduct a drug store. .Theo-| dore P. Born, of Grand. Island, has| purchased the business lots and, in-| tends to commence work in the spring | on the erection’ of a modern hotel. | Other business enterprises will be rep-| resented within a fe wmonths. Stephens is an important shipping point on the Burlington,being just across the river from LTIVer Avant Heceerman. FIRST LESSON LAW AND ORDER Red, Flag Manncet to Free In- _ stitutions, Says President Hibben of Princeton in New York Address NEW YORK, Dec. .6.—‘'When. the red flag is carried upon our streets it is a protest against law and. therefore ® menace to aur free institutions,” de- €lared President John Grier Bibben of | Princeton University in an address to- | day. before ,the Association of Life Insurance Presidents. Dr., Hibben was emphasizing the obligations of liberty, which, he ‘said | the sons of America had established 4m “Through superficial thinking or through emotional frenzy, there are many people who think that where there is restraint of any kind what- |so ever there can be no liberty,” con-| tinued Dr. Hibben. ‘It -would be well ideo of law is essential element in the concept of liberty. “Thoseswho come to us front for- eign shores must learn the first les- son of American citizenship. name that in all matters of personal con- fiuct there is an exact iratio which must be! préservéd Between outer! ré- |/straint and’ inher ‘cohtro]} that as the outer’ restraint is lessened the inner control must be inerpaséd. | “We must’ remen erat, this tim< | that our ‘liberty hasibeep: reestablish. ed for us at’a great, ptice. “It has been bought by blood. : The rights we when completed it. will be one of the most ceeenient hotels in the state. enjoy have been assured through th vicarious sacrifice freely offered vy SS eas ©! Manitoba, Saskatchewan and Alberta, | ing available for immediate use thru | | executive committee of the Boot and |ant director of the women in indus- ‘try service; for us to recognize the truth that the! LANCE GREEK New Concern The Goodrich Oil Affer, many. shut downs of the state are again becoming act-/company is ive and wells there are being put to|Flat Top district west ofthe Lance! work drilling after a shut down that|Creek field. Two carloads of mate-|short distance west of the recent’ dis- tial were shipped into the field this|coveries fn the Lance creek field week and the erection of a standard | which are at present causing great As soon as the | excitement. As the company is com- preliminary work is completed the | posed entirely of Douglas men the out |come of the work is being watched we considerable ititerest. derrick was erected. and Pipeline | cern are very optimistic over the starting operations in the | outcome. CASPER DAILY TRIBUNE —|and general office is located in, this | HOUSES BY WHOLESMLE) DOUGLAS, Wyo. Wyo._The Koht Man- ufacturing company, whose factory city, has just, completed. six .three- zoom houses for the Midwest Refin- ing company. Some of these were hauled by truck to Lusk and then to the company’s holdings in the Lance Creek field,_a distance. of, 93 -miles. The remaining houses were :taken "to the Big Muddy field by trucks... The Midwest company is ‘so: welk:pleased with the houses built:for them by the local firm that it ‘has: agreed to | purchase ‘the entire output of the | plant. The Goodrich holdings lie only a strated that oil does not éxist there) Local Stocks Bia Ample capital is now available and) American —- ag a the promoters are more optimistic Bessemer -09 than at any time since the project; Big Bear 02 jwas launched. Experienced men ‘in| Big Five 02 oil development have been carefully; Boston Wyo. -20 examining this pYospect and have |" Big Indian — .23 been so favorably impressed that) Center —_ -004% they have acquired financial interests| Columbine — .20 in the company. ‘The well is new! Con, Royalty - .83 down to a depth of 2,200 feet and ac-| Casper Embar - -00% cording to experts the showing is all; Elkhorn .62 that could be desired. \ = Hecla _- 2004 | Jupiter - 04 Kinney -- -63 | Mount. & Gul 15 | Norra 4 AT Outwest -034 | Pathfinder e 05 Premier - 05 | Bicarsy, ay -10 m Re: +10 | srepene 2 02 Shiloh -._ ~ 023 United Pet. 07% Western Ex. _- 80 Win River Ref. 26 Financial Resources Placed at} = a ep ie yo-Kans — < Disposal of Returned Sol. Wotan. ie diers in Grain Growing | Provinces of Country | sociated Prenn] | WINNIPE , Canada, Dec. 6.—The financial. resources of western Can-| | Warm Springs — Salt Creek - Big Muddy - | ing post at that point, notice having] ada are being placed at the disposal | Pilot Butte ~ WYOMING CRUDE OIL MARKET ---$1.00Elk Basin .-- - 1.50Grass Creek - 1.50Fossi) - ~~~. - 1.60Lander ~~ TODAY'S MARKETS BY Furnished by TAYLOR & CLAY “Room 212, Oil Exchange Bldg. Ask f -023 -10 02% -024 +22 -26 00% 23 86 -00% -65 008 | 05 -66 17 49 04 06 97 12 212 -084 .038 -08% 85 28 2.65 1.50 50 New York Curb t Bid): Ask Midwest Ref. ___.134.00 135.00 Midwest. com 1.03 1.06 Midwest, pref. 1.18 1.32 Merritt. -_.° - 21.50 22.00 Glenrock Oil - 8.25 3.37 Gosden: -__ - 687 7.00 Okmulgee +. 7s 1.87 Sapulpa .: = 2887 7.12 Houston Oil --.. 75.00 77.00 Oklahoma P & R= 9.62 9.75 = + New York Stock Exchange Stocks Open Clos Mexican Pet. —--- 1605 160 Texas Oil, <__ 185. 185 Sinclair. Oil B42 348 U.S. Steel — 96 958 Liberty Bonds Close 98.00 | 94.-8 93.50 | 97.74 96.00 96.00 95.80 of farmers.in the prairie provinces of | where grain farming will more than ever be the chief industry when the} 80,000 soldiers of, the three provinces return from ovérseas. Mortgage companies and chartered ! | banks. never were more able to fin ance stabe industries in this stretch of country, about $100,000,000 be. such institutions. Besides, the fed- eral and provincial governments are making extensive plans for extending | financial aid. The immense possibilties of the | | prairies as a food growing country have been carefully considered by government officials. Not only will vast tracts be made available to the soldiers on a homestead basis, but | the federal and provincial govern- ments will give financial assistance i equipping the new farms with prope: machinery. Long term loans will be | provided thru rural credits systems. | Extension of manufactures,’as we! { as agriculture, in western Canada is | anticipated. One of the first ques-| tions taken up by the Inter-Provincial conference which has been in prog-} ress at Ottawa was the transfer of | control of natural resources of the} prairie ‘provinces from federal to pro-| the transfer, for years an unsettled | vincial governments. It is urged that! matter, would make it possible for| individual provinces to develop min-| ing and other industries on their own | initiative. At Bsteyan, Sask., for instance, | there are huge deposits of soft coal} and a movement-is already underway te establish several big factories in| the district for the purpose of utiliz- ing the coal. Among the women trades unionists now holding important positions un- der the United States Government are Miss Mary Anderson, a member of the Shoe Workers’ Union, who is assist- Miss Elizabeth Christman president of the International Glove Makers’ Union, who is in charge of the corps of examiners for the War Labor Board, and Melinda Scott, an organizer of the American Federa- ‘tion of Labor, who is advisor of the} women’s division of the United States | Employment Service. EAE, CATER SS Bs When you are pungry uy White House “Gafe heroic‘ souls fies for ' us, the ‘secure basis “of. the. law ‘0; Bett, and of justice, and, daily ~ realize the reign. of peace ona good! will towards men.” Owing to our ever-increasing business we are operating TWO STORES Blue Front Phone 458 The Central Grocery& Market Phone 1 34-J We Deliver, We buy in Big Quantities and Sell on Close Margin SATURDAY SPECIALS | BIG SOAP SALE While they last—20 Bars limit to one Customer White Laundry: Seap . Toilet Soap selling verywitihe at | 5c, hii Special, 10¢ Bar. These are just two of “we Pisa LES — MIDWEST REFINING BINS. [AIG ‘STRUCK BY 7" } (GLENROCK—Hurled several fe when a freight train struck his, four- horse team, killing two of, them, and demolishing the wagon, Neil. where a string Ballin-| ¥ of oil the approaching frei ——_— —. ———————— SEA tee: gna Tein tone ohn Ios m he attempted pea Be hack track at the pumping biatic. £8ts obstruct«j ight. Radcliffe College, the wome: nex to Harvard Uniyerstty, was ; -in honor of Anne Radviitte, lishwoman .who donat: Harvard College in 2845. The Henning Hotel A place to @at for particular -people Music by Chicago Trio Splendid Musical Program Pee aston Bags ad alston Shoe. - Beit tothe ground. "164 SOUTH CENTER STYLE HEADQUARTERS. ger is in a a here sutfering| ary: The RAL STON. BOE is ne ar leader. ‘So when you read ertisement in Post, The. fememBer that we can fityou— and fityouproperly—inthisnation- ally advertised anduniversally worn They'll certainly pleaseyou—inprice, looksand wear WHERE Sariviy Beanth Ctnthes ARE SOLD WE HAVE just INSTALLED SAFETY DEPOSIT BOXES The Casper National Bank welded! Welders and other me! OXY-ACETYLENE WELDING SHOP. 118 S. David Phone 611-J Rates $3, $4, $5 Per Year Ceaapd and Surplus a 50; 000 al ALL WELDS GUARANTEED..; Across From . if Se When You Are.in Tro es CAR TO US OR PHONE 79-5 Best Mechanics—All Work Guaranteed EAST SIDE GARAGE erty Bon BOUGHT FOR CASH—TOP | winhaerae ae ._ The Security Loan ‘Co. _ No, 4 Kimball Hae sete 702 Getting New Parts from the. Factory:is Very Unnecessary Don’t discard that, Broken Casting, but bring it to us to be We save you time and. money. pad “Brasate We bf Cast Iron, Steel, Aluminum, Bronze le, Bring Your Severe in The acej- m’s an- ed $500 ¢ aera ae Aad rw BEST BOWL OF CHILI IN TOWN eer THE CHILI.KING LUNCH bia aya hae All kinds of Sandwiches +! quality. SOL OSTLL ILE.