Casper Daily Tribune Newspaper, December 18, 1918, Page 4

WEDNESDAY, DEC. 18, 1918 J} CARTER LAYS PLAN FOR PROFITS IN OIL LT BOOST FROM Ghd ABSORPTION Quantity Production in Sight for the Future as Result of Devel- opments in the Mid- west Experiments The pase problem for the oil operators of Wy- absorption of asoline from hbecomir and more a more omirg fields. The process has been such a great success in the east that its adoption and t in a few fields of the west were made some time ago. The success met with has shown that the process is an easy method to add considerable to the income of any lease that is producing oil and} gas, besides opening up great possi-! bilities for increased revenue in other directions thru the by-products that are capable of being turned into cash An oil lease is generally thought to produce oil only and on this prod- uct the whole 1 ids or falls. | It is now becomin ent that it is possible to make an oil operation pay | even tho the actually produced | from the ope enough to ° ation is no pay the ri in expenses of the field If the absorption pro: now in use, a modified plant for use where 1 amount of gas comes 2] be put up for pense. A few joints of two inch pipe and con- nections, a pump and coil with the piping are practic: 1 is necessary to equip a plant and put it in working order. Such a plant will not take care of a large flow | CHEYENNE WILL DRILL FOR OL Capital City Finds Hope in Late Discoveries and Plans to Ex- plore National Anticline North of Cheyenne some business men of the capital city have forme an oil company to drill a well on the National Antiecline. A rig going into the field and preparations for a deep test are being made. This field was investigated some months ago by geologists for is now the Midwest Oil company, who reported; they were unable to satisfy them selves as to the structure, altho they found the general features of the field favorable. Urgent demand for Midwest rigs in the new Lance Creek field diverted further investi- gation at that time. Recently a geo- logist employed by the Cheyenne company discovered an outcropping of the second Wall Creek sand and otherwise completed the structure. The pioneer well will be spudded in near the Colorado & Southern tracks at Horse Creek station. Among the Cheyenne incorporatc James Morrison, Austin B. Nas John Shake. No stock is offered for sale. News of the lettin: the drill contracts has sent many parties into the Horse Creek region in an effort to secure HS, HAVIGE QUITS THE MIDWEST TO ENGAGE IN of CONTRACTING BUSINESS of several million feet per day but it, _H. S. Havice has resigned from will absorb the by-products in a st the management of the Big Muddy gas flow and if the plant is located field for the Midwest Refining com SS i taeenet of r. the waste Pany and will enter the oil fi from the pl be turned into Work as a contractor. Mr. aleciaty) andi ceneral use, Will be succeeded by Bert Within the y the compan- formerly the stant : ¢ in the Wyoming fields/0f the Ohio Oil company 1 a lot of attention to the of was t in the the Mid- is now ex-! tracting four gallons o | naptha f each 1,000 cubic feet f The gas production about 4,000,000 cubic so the average daily yield of} plant is 16,000 gallons, worth 0 a day, t the rate of more 1,000000 a year. In the field the Ohio Oil compan: g the natural gas that forme ed and saving out of fF 2000 Elk llons more or il up 1 of ay valth than a » th y of ar ch converts the of the turning i value of rate of . which rep! a day $130,000 a 100 per cent as this gas has heretofore b wasted. A. similar plant will pre v be erect at the Greybull refinery HARRY NEWTON HEADS OUT WEST PETROLEUM At a meeting of the directors of the West Out Petroleum ¢ he a few Denver, Harry J ewton , was elected presi . Arthur, Jr., ,general e company for the com- Jr., and John J. Han- over the affairs of the oil company to the officials and will have no further official con nection with the Out West. The busi- n outside of the oil firm’s affairs ssitated the leaving the We new Out to other direction by the forme fficials altho their leaving the management was regretted by all the stockholders. The well of the Out West now drill- ing on section 28-40-79 is down 1650 feet will soon reach the pay. Tt an of to the big pro- du Wyokans and as it c withdrawal the govern- y orders have no effect on the k r of the firm — LARAMIE MERCANTS TO GO TO CASH BASIS JAN. 1. rs of Laramie Re Credit us- led to go on a the and Grocers’ i 4S on the first of t or i shed credit will al to continue that way, but « receiving their pay monthly will bills monthly. Those get ting paid weekly must settle weekly.’ tho: abroad in the tory gasoline or|the war he was compelled to | labors there entered and took over the management of the drilling operations in the Mr. Havice has had a lone and va- » products in to Tied experience in the oil business. Much of his life has been spent Roumanian oil terri- at the commencement of ave his and return home. He theemploy of the Midwest and 3ig Muddy last summer. His efficient service in the capacity of manager of the ield operations has established him as a premier superintendent. ee BOLERMAKER NEEDED The Niobrara Wyoming Oil Co thru its manager Mr. Sletto, at tir Northwestern hotel at Lusk ants a boiler maker and telephoned to the local oil well supply stores to see if uch a man could be founc ver who wanted employm - _ CASPER STORAGE CO. Storage, Hides, Pelts, Wool, Reasonable, Reliable, Respon: _— Go to the Popular Price Jewelry Store for good goods priced right. A lot of new goods just arrived diamonds. Also a gé al line clocks. Jewelry repai experience in the j or business, H. WALTER 141 W. First St. = — = CIGARS AND CIGARETTES For the holiday season we have all the popular br. is of Cigarettes in cartons of 50s and 100s. Many brands of ¢ The 1 oy half pound and xchange Segar Products ca for by most of fle Huyler’s ¢ Bon Bons methods insuring fullness for Agents Chocol. We make a special of sala Security Loan Company, O. S. Building. DOES A MAN WEAR A | | HANGDOG LOOK WHEN | BUYING A NEW HaT? | Pilot Butte —-_- | TODAYS MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Local Stocks | Bid 25 -O19 10 O1z 01g - 18 I 2 c ae Columbine 5 2 Con. Royal 82 SE Casper Embar ~~~ 00% 00% Elkhorn 54 5 He SSG S O04 008 Jupite 4 5 Kinne 60 Mount. & Gulf- 16 Northwes AS Outwes 04 Pathfinder ~-.--- 06 Premiér ~ = 07 Picardy — ae 12 Riverton R e 16 ReDUDNC woe aase = Shiloh United Pet. - Western Wind R Ref E. T. Williams 4 ans 1.40 Wiyo-Lexs 22> oo= 45 50 4th 44s WYOMING Warm Springs ------------ Salt Creek ----- Big Muddy E 1.501 CRUDE OIL MARKET -$1.00Elk Basin ~~~ New York Curb Midwest Refg. Midwest Com. Midwest Pref. Merritt Glenrock Cosden -__. Okmulgee _ Sapulpa ____ “4 Houston Oil 75.00 76.00 Oklahoma P&R. 10.00 10.12 s) ie Fe New York Stock Exchange Stocks Open Close Mexican Pet. 169% 166 Te Ol 188 Sinclair Oil U. S. Steel 965 Favs Liberty Bonds Open nder ~~ MIDWEST GAINS $3 SHARE ie ON THE N. ¥. CURB MARKET Midwest Refining g: shar market value Tu 50 bid ¢ 50 bid, $1 were hi $1 y, closing last nd closing to. 50 asked. being uoted Mer now quoted di a b ed re, gains toda hig h for this Midwest Oil company stocks, both } [. notable | up ommon nd preferred mad¢ , the bid, $1 Continental Refining company lay declared it end of 1 per cent on common, le Jan, 10. ir common moving to $1.17 bid, $1.19 asked, with sales at $1.18, while preferred advanced to ) asked, equaling the usual monthly div 7 per cent scrip ¢ rtible at par into common stock z contract 1.25 to- Young Woman ownsite In the Lusk Oil Field All Lots $100 each—$25.00 per month Rare opportunity for Rooming Houses, Restaurants. > and Rep: General store, Ge air Shop, Amusement Hall, Laundry and many other lines of business. 1,000 shares of fully paid and non-assessable stock in the Young Woman Oil & Development Company given with each dot. No additional charge. For further information and folder call at Room 3, Mokler Bldg. Phone 467-W Liberty Bonds Wanted BOUGHT FOR CASH—TOP MARKET PAID The Security Loan Co: 302 0.-S. ‘ N @ 15c AT k Back of Grand Central Bar. popular prices. Quick s Getting New Parts from the Don’t discard that Broken Casting, but bring it to us to be d money. ast Iron, Steel, Aluminum, Bronze ALL WELDS GUARANTEED. welded. We save you time Welders and Brazers of ©: ind other metals. OXY-ACETYLENE 118 S. David See W. F. Across From Shockley’s. Building BEST BOWL OF CHILI IN TOWN THE CHILI KING LUNCK All kinds of Sandwiches at ervice, highest quality. AID DPEBG LSS SSL BM DML SMe: Factory is Very Unnecessary WELDING SHOP Phone 611-J We Pay $10.00 to $15.00 for good ones WOOL WAREHOUSE ASSOCIATION Dunn & N N TAYLOR & CLAY, Inc. STOCKS AND BONDS other i s over ur private tice the convenirnt posal to: buy uté quotations, Information and quétations telaxxaphie quotations from wires. es of our office at your dis 1 lor obtain thé best markets and up to the min- furnished upon request on Local Oils, New York Stocks, Léberty Bonds and other issues. Phone 203 Casper, Wyo. 212 OilExchange Bldg. New York, Denver, ana- | any date prior i Srone at the op-| THOMPSON LEAVES ‘OHIO | .. tion of the holder. CHRISTMAS Appi rs Bellflours, per box__ Winesaps. per box __ Rome Beauty, per box Wagners, per box Spitzenbergs, per box All This Week The dividend will |be paid to stock o1 record Dec. 31. FOR WORK IN TAMPICO Charles Thompson, who has been in the employ of the Ohio Oil Co at Parkerton in the Big Muddy field for the past two years, left for Tam. pico, Mex., last week, where he will) THE WHOLESALE supp1y co. enter the service of the Oil Well Sup- Phone 903, 0,7 ply Co in that southern port. Mr. Thompson is an oil man of long and varied experience and has worked | EXTENSIVE DEVELOPMENT The Carter Oil Co has taken over seven 160-acre tracts in the Sand Draw field and will start work there at once. Trucks are now moving rig material and drilling euipment into TCAN PROTECT Your ont, 1,4) ) the fields. in every field of this country besides BY DOING your The tracts were the property of the jeing in the Burma oil fields of India AsNwonk Producers and Refiners and this last| soy several years firm decided to sell in order to get more operators into the field so that snore test wells can be put down. BOX 924 PER e your mo} a meal ticket 1 Harve buy at | Christmas Shopping Suggestions — First of all, come in now and select your own Society Brand Suit or Overcoat: —the clothes you'll dress up in during + the happy days that will be yours to enjoy in quiet rest if you patriotically do all your Christmas shopping early. 4 Then select your BATHROBE or SMOKING JACKET. ? a very pleasing Christmas Gift. ALSO SELECT TIES for yourself and frien from our vast showing of beautiful new color effects. BUY A BOX OF SILK SOX—a gift that always highly appreciated. your is LAST, BUT NOT LEAST—Our RALSTON SHOES (union-made)—‘‘Nuff Said.” + Do All Your Christmas Shopping Now While There ts No Jam YOUR CHRISTMAS will be the Merriest ever if you comply with the urgent request of The War Industries Board to “Shop and Ship Early.” fib £ oe 15 BYOUNG HENS OUTFIT TES 164 SOUTH CENTER STYLE HEADQUARTERS WHERE Sorivts: ran Ginthrs ARE SOLD x G Mercae a - 23 = Surieiy Brand Clothes soe le Readjustment for | Reconstruction De the great war now closed except as to diplomatic de- tails, the telephone was privileged to play a conspicuous part. That it served so capably and well is due in large measure to the patriotic co-operation of the public. | Now post-war conditions are beginning to influence thought | and action. The reconstruction period is at hand. Industries re- \ tarded by the necessities of war will begin to expand. The energies and capital directed toward the winning of the war will be diverted HH to the channels of peaceful pursuits. Reconstruction will involve the readjustment of plans and pol- | .icies. It will require no less aggressive thought and energy and action in the business of building for peace than it did in the prepa- ] ration for and the waging of war. ‘ i In the readjustment of business and the reconstruction of in- | dustry the telephone will again be an important factor. It will | serve as the line of communication between the general headquar- i ters of thought and the front lines of action. bh? The demands upon the telephone will be tremendous; but the } intelligent, considerate use of the telephone will multiply achieve- ment. a May we hope for a continuance of the helpful co-operation which the public has shown us in the past, that the very best results \| may be obtained from our efforts to serve you satisfactorily. Are you making good on your W. S. S. Pledge? The Mountain States Telephone | and Telegraph Company | ——