Casper Daily Tribune Newspaper, January 13, 1919, Page 4

THE CASPER. DAILY TRIBUNE POPULAR ISSUE ADJUSTMENT OF HITS NEW MARK TITLES PENDING ____~'_'MONDAY, JANUARY 13,'1919_ |AY, JANUARY 13,'1919 TODAY'S MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. - Western States Sells at $16 at Denver Conference to Set Prece- Close overt but Casper Man dent in Settlement of Disputes, LocalStacka ' New York Curb old at $3.25 Is Belief ; Ask ” Ask American 024 Midwest Refg. 127.00 The rapid inerease in the ruling] * The Lance Creek field operators| Bessemer 7ae | aidwestsGom: 1.15 for Western States Oil) who have conflicting titles on various | Bib Bear i i Mente esta 23:00 isily the feature of the! pieces of choice acreage, are to set! “t > Glenrock Oil a00 ast week and month in the oil mar.|* Precedent in the settlement of dis-) 7 : 5 j Cosden Z 13% putes without resorting to court li Big Indian - 225 i = roe ket and new high record was reach. | jot Be - whiel Center fe 100g Okmulgee 2.25 j gation at a big meeting which Sapulpa 737 ed Saturday when it sold up to $16! scheduled to take place in Denver this | Columb a Heaton aii auing uotations of $12) week. Among the organizations that 5 cme - bs IED PAIR GHENT DEL | oul narticipatelsnntieyarcecine are | .003 | Oklahoma P&R -— 9.87 10.00 tanding the skyrocketing| the Midwest Refining company, Ohio| 4 of this stock, however, there| Oil company, Texas company, Castus | -008 New York Stock Exchange have been few who have realized the; Petroleum and the Western States| Jupiter OL fF Stocks full margin of profit represented in| oil and Land company. “Kinney —.. 59 | Open Close | thet the trading in the 20,000 shares This meeting is for the purpose of Mount. & Gulf_ 160 Mexican Pet. - 17843 179% now on the market has been lively! adpusting conflicting titles on land) Northwest +L | Texas Oil = isha i878 peculators have been willing tu, held by these interests and it is con-| Outwest 03 Sinclair Oil - 34% 2ay a modest return as the price| fidently believed that all contro-| Pathfinder 06 | U.S. Steel -_-_-_ 903 908 versies among the operators will be| Premier = oF ova stance is told of a er! ended, leaving them with a united| Picardy d Fs 5 man who, prior to the purch of front to meet the claims of the gov-| Riverton Ref. 16 Liberty Bonds - the controlling interest in the compa-| ernment under the terms of the) Republic ------- 34 Open Close ‘ ny by the Midwest, held 2,000 shares) withdrawal, | Shiloh ~.-_- ie 04 oo 99 50 99.50 $ of the stoc nd sold it outright o1. The Ohio Oil company is drilling! U 08 | Ist ds - a bid of $ at the moment when) part of the acreage of the Western -85 | 2nd 4s = 5 influences were at work to send ix States company, the latter concern ‘ive! . +26 | Ist 44s - = This man realized $6,500 also is drilling three wells on its own E. T. Williams___ 2.60 2nd 44s _ : interests, worth infinitely less. account in what might be regarded Wyo-Kans 1.50 8rd 4is - = — a few we before the brining in of| as proven area. The Midwest Refin-| Wyo-Tex. --- +50 | 4th 44s -- and more than . the big w but today this block ing company is preparing to drill the WYOMING CRUDE OIL MARKET : of stock is worth ¢ 000. lacreage of the Cactus company, in 3 There are several wells drilling) which it has a half incerest and mean-| gait © eae ts - upon Western States leases, but the time the Glenrock Oil company which Bip \uddy __ 60Fossil 1. contract | : deepest of these is 1,500 feet peed! has a well down 2700 feec on the same pjjot Butte is0Uandert = a erto5 ,000 feet to go be.| property is proceeding as rapidly as : fore the pay sand may be expected.) possible in view of the severe weather 4 The Chio Oil company is drilling two} conditions. of these hole nd the Western States; ‘he involved Ieases on various s drilling two on com-! parts of the same acreage is the on However, as two of, dispute between the operators in the -ount. holes are on section 36, on field and it is almost certain that the which the pioneer well is located, the, coming meeting will clear or adjust chane e exteremely favorable for! all differences. the discovery of oil in both of them.| FIVE PRODUCERS ‘MERRITT GETS AT ROCK GREEK SEVENTH WELL » company in which the Mid-| > g company has a! _ bet Six Others Going De Down and De-| New Strike in 1 Muddy on Saturday |} ‘ aa : Sri aavelna enencely By elopmenis Take on New Sig- Adds Another to Completions = TTS GA GAGE CL ERER ERE seman teal 10 N FOR THE WINTER nificarice in Oil Fields. of Bast Week there little reason to be | i Pi -— t the she Snes 4p) “The Southern Wyoming new 01 The Merritt Oil corporation on Sat-| mn proach a dividend period for the field again is in the limelight. The urday e g 7 = Dr nt. On the other hand, it is The California-Wyor Wyoming Oil Co. en aee : r gmt. Pe |urday completed another well on the ~ i : Ohio Oil company has brought in its Glen Rock Sheep lease, in section 2 ~ more than likely that before many has suspended operations at Battrum me aan ts : at = ths the controlling interests will Gap field in the Lander vicinity, ow-’ tfth weli in the Rock Creek district, of the Big Muddy field, which came, s ing to inclement weather conditions ern States company, especially if it making it extremely hard to mbin- ce should develop a large producer, ix, tain a necessary water supply. It is order that it will not be compelled to possible to continue the development the reorganization of the W = pay unduly large for lack of operation in bad weather, according an aire ted capital ount of ade to the belief of officials of the com- quate pany, but the expense would be too = Div red recently include large in proportion to the results ob- = Elk I quarterly of 2)! tained. As soon as weather, conc oe b. 1 to stock of tions permit it is planned by the com- - nulla Refining, pany to start two crews in order to = pe - make up for any time lost duripg the, -; winter shutdown ae <2 SOEUR i = 5° DN) HEATON TO VISIT —_ stock of Jan. 21. a er Oil company, which ye of the Muddy field, ha rea ~ its first dividend of 15 a ay es able I 1 to stock of record of Nan David Heaton, president vf the 4 21. The lease is operated by the Mid-| Heaton Oil Co., ording to word _ west Refining company, which also is received from the company’s head- ane in control of the stock of the com-! quarters in Denver, will come to Cas- 3 of which there are 25,006 per soon while makiag an extensive ing. tour thru the oil fields of Wyoming. y Oil & Refining com-| At a recent directors meeting of the holds its 1] stockholders | company in Denver an aggressive de a in Cheyenne tods No velopment campaign of the company’s — are expected in the diree-| holdings in Wyoming was outlin on torate. and it is probable that the Heator tad me company will be among the big de We pay the highest market price teloping organizations in Wyoming for second hand Ea Phone before the end of the summer. 249. 121 West F ical st. 267_—=——_—_—_—_—_———~-_ ASSESSMENT WORK HOLDS UP SYDDEN DOME ACTIVITY: WORLAND, ti ake n in Lita lively rest is being den De oil field a few miles eas t and all those Sz field are busy | % assessment work. Sine the | aker Oil Company started op- the other locators have be come anxious to hang on to their land B= future looks promising for the bringing: in of a good oil well, even if oil is not found the gas, it is claim-| B= ed is worth as much as the oil and BS plants for the purpose of separating = the gasoline from the gas will be = built in Worland and the gas pipea = into town next spring. The Baker, == Dil company is down to a depth of a little over 1,000 feet with a 1 inch hole and is likely to encounter the gas at about 1,300 to 1,400 feet. Should they be fortunate in striking ge flow of there will be some, 3 TARY doing. k Frost is also in the field these days and will like get started putting down a hole for the Hidden Dome Trust company in the course of a few week. Victor Oil company has men here doing their sment work an ing to liven up in fine style all feel confident something besides tras Js “hidden” in Hidden*Dome. as oe = = Peeti TELE EE Eda re i Iron Out Your Troubles No need to worry about your ironing troubles when you have an Electric Tron. We have all the best makes and all guaranteed. _N atrona Power cording to advices received fron. jn with a production of the average that district. Three wells were co pleted prior to the first of the new| "ze for that part of the field, esti- year, the fourth was finished a week, ™ated at 300 barrels settled flow | ago and the fifth topped the sand hie is the seventh well completed) Wednesday. by the Merritt corporation within the The bringing in of the last well! past eight da has important significance as a guide to A telegram was received in Denver the extent of the field. It is Saturday announcing the completion unted on section 11, south and eas: of well No. 6 of the Western O1 | of the pioneer discovery, and widens! Fields corporation on the Raines lease} by that extent the known productive in the Pine Island field of Louisiana, en of the structure. in which the Big Five Oil compan; | T Ohio company has six othef!has an interest. The oil stood 1,200! wells going down in Rock Creek and feet in the casing when the wire was is preparing to sink dozen more sent. Well No. 1, on the Glassel/ The oil from the wells is being stos lease, in the same district, is on toy.) ed in tanks awaiting completion of-of the sand and is being drilled in. | the pipeline now being constructed,The Big Five company has a one-third by the Illinois Pipe Line company interest in this lease with the West-| from the Rock Creek field to Rock) ern Oil Fi | River orator on the Union Pacific CASPER STORAGE eo “The Continen: 1 company of Storage, Hides, Pelts, Wool, Furs. The Continental Oil company of Borage, Hides, Pelts,, Wool, | Furs. Denver has three wells drilling on its CHICHESTER.S PILLS: mer campaign. Other concerns now drilling on the Rock Creek structure are the Producers and Refiners cor- ration, the Kinney Oil and Refin- company and the Hutton Lake! sompany, in addition to work carried | ‘on by several local operators. Rock Cr property and-is sehdin, in material for a big spring and sum- OND B auggee Drogen ther. ‘Ask for 3 DIAMOND HIAND PLLA, PERS yearsknownas Best, Stfest, Always Reliable SOLD bY DRUGGISTS EVERYWHERE JUST CALL Phone 69. 1-2-tf = N OF Abnormally Low and High Prices, | Both Should Be Avoided, De- | clares Solon in Letter to i State Association | Recommendations protecting pub- jlie and the woolgrower ‘from both} abnormally high and low prices are made by Congressméa * I'rank’, W, | Mondell in summing up the zitua-| | tion in the world’s mackets as set) jforth in a letter read te the Wyom- jing Woolgrowers' Association in| convention lus: week at Lander. ‘The! facts upon ‘vh::h the Wyoming selon} | arrives at his conclusions are con. | | tained in the following review - “The woolgrowers of the country | wool permanently maintained at a | figure greatly in excess of the world’s} prices. They are entitled at all times | to consideration of the higher cost of | production at home than abroad. Un-| der present conditions they are en-| | titled further to have consideration | given to the fact that they took a | lower price for the 1918 clip than a free and open market would have given them. They are also entitled | to protection against the abnormally low price which a raising of the ern- | bargo, with great quantities of wool in the hand of the government, at a time when the 1919 clip was’ being | offered, would be certain to produce, | | bringing disaster to the producer andj | benefiting no one but speculators and! ja limited class of manufacturers. “At other times and under other} conditions we might have sought and would undoubtedly have obtained re- | lief from this situation by tariff legis- | lation, fixing such rates of duty as | in the ‘opinion of the congress would | fit the situation and insure the Amer-! | ican producer a price commensurate | | with his costs of production. I need| not suggest that legislation of just that character is not possible at this time. What I have hoped was that it might be possible to secure legis- lation authorizing the president to | fetermine a rate of duty necessary be placed upon imported wool to \ aio the cost of such wool to the importer to the price fixed or paid} by the government on similar grades' of wool and have the rate thus de- | termined fixed as a duty to he col-| |lected on imported wool. “This proposal of legislation is not entirely new or novel. It is in sub- stance, the provision adopted by con-| | gress with regard to wheat in connec- | tion with the legislation whereby a! 1 | | i 2 | STORAGE Household Goods, Pianos, Etc. Storage House! oa Burlington ickKs | CHAMBERLIN FURNITURE || AND UNDERTAKING CO. | | Casper Loan Office save you money on Will your Wardrobe Trunk, Hand- bag, and Suitcases : : Reliable 133 So. Center Phone 804-J. | WANT YOUR BRICK WORK | On Contract or yercentag:: Call for Estimate ‘| PETER CLAUSEN li 416 So. Jackson GEOLOGICAL WORK Maps and Blue Prints, Surveying | | Crude Oil Testing a Specialty | Wyoming Map end Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, Wyo. TIME SAVED IN BOILER ; REPAIRS We recently saved the Big 5) Bear Oil Company, a ‘three weeks’ shutdown by welding a ¢ cracked mud ring, calking edges, cutting a man-hole in the 4 top of a boiler permitting the boiler tubes to be cleaned with- out removing the tubes. After the tubes were cleaned the ¢) piece’ cut out was welded in 9 - place, teaving the sheeet in its original strength. . We can do the same for, you Mr. Oil Company. We will save you from one- half to one-third the time jit will take for any other process in GEYSh Soy All Welds Guaranteed : Ory-Acetylene Weld: WOOL PRICE Is, tm JUST: MONDELL do not expect to have the price of! — iM 4. LSE 1918) on Ne at the joffice of ‘Set. shory that there are now 16,200 autos in Wyoming That number of licenser was issued last year. It is estimatec that about 1,000 of the licenses were for trucks.— The total receipts from the auto depattment during the: year were $78,917.60. ———_—. minimum guaranteed price was fixed for the crops of 1918 and 1919. Such | legislation as I have suggested and | which is embodied in a bill which 1 have introduced would protect the government from loss on its wool pur- chases and would insure a price for the 1919 clip approximating that paid for the 1918 clip. It would establish {a condition under which we coulé gradually adjust outselves to the con- ditions of the world’s wool market as that market, may exist after the immediate effects of the war have passed away and more normal condi- tions have been established,” State William E? Chaplin \ ALES IN. JOML STRIKE RUMORED 1N GREEN RIVER DISTRICT " Excitement is\ intense in Green River in the sautherh part of the state; according to the Green River Star, which reports ‘that there is a persistent rumor current to the effect that the California Syndicate which has been drilling three miles north of Green river, has struck oil at a depth of 200 feet and has already started drilling a second hole a short distance from the first. It is admitted, says the paper, that neither a confirmation or a denial of the rumor can be obtained from the men in charge of the drilling but many people believe that Green River is on the verge of an oil boom sirsi- lar to that which has visited many other Wyoming towns. We want your second nand fur- iiture and will pay highest market price. street. 121 West First 1-13-26 Phone 249. Young Woman Townsite In the Lusk Oil Field The Illinois Pipe Line Co. is building a pipe line from the Lusk Oil Field to Lusk. Thousands of men will Oil Field. be employed in the Lusk The Families of these men will mean Thousands more. Young Woman is the natural place for them to live. An abundance of good water, Telephone, U. S. Postoffice, on the main highway, and many other ad- vantages, at Young Woman. All lots $100.00 each, 1,000 shares of the capital stock of the Y. W. Oil & Dev. Co., with each lot. Send for folder and particulars write To the Young Woman Townsite Co., Room 3, Mokler Bldg. Phone 467-W Casper, Wyoming 9 SN SL ISTE IS LP IE I PO OT I TTT ER HHL LH KKK NAKAI RIAA IIIA EA AN IANA ANAS AAALAC WHY WASTE TIME AND MCNEY BUYING NEW PARTS? Pe ( | ( | ' t nh | i Ship or Bring Us Your Broken Castings or Parts to be Welded. Ordinarily we will save you one-half to one-third the cost of a ew part and save the time lost ia ordering from the factory or agency. Welding also makes the brolen casting stronger than the new by adding additional strength to tie weak part that is broken. oe We have an Oxweld Portable your work. OXY-ACETYLENE 118 South David Casper, HHKKKKEKEREKEKEEE ERIE LEKI ILE LAA AAA AAAI ALAA AAA such pieces that are not easily moved; welding in seamless patches in fire boxes, welding cracked flue side crown and door sheets, calking edzes, etc. Let the best equipped shop in the west give you an estimate on WELDERS AND BRAZERS OF CAST IRON, STEEL, BRASS, ‘BRONZE, ALUMINUM AND OTHER METALS—ALL WELDS GUARANTEED “Across from Shockley Garage.” outfit for field work for welding also for cutting out and WELDING SHOP Phone 611-J Wyo. Se of sir ee ee aay a tueasl DEVOE PAINTS elsewhere. 353 North Beech ‘Building Material of All Kinds. STOVES STOVES STOVES Let us show you our line of Stoves and Heaters before you buy We can save you money. Natrona Lumber Co. LET US FIGURE YOUR BILL Buy War Savings Stamps— WE SELL THEM BUILDERS’ HARDWARE Phone 528 TAYLOR & ute quotations, Information Phone 203 Casper, Wyo. STOCKS AND BONDS Daily telegraphic quotations from New York, Denver, ana other markets over our private wires. Place the convenicnt facilities of our office at your dis- posal to buy, sel lor obtain the best markets and up to the min- and quotations furnished upon request on Local Oils, New York Stocks, Liberty Bonds and other issued. CLAY, Inc. 212 Oil Exchange Bldg. iC On eOB erty Bonds Wanted ~ BOUGHT.EOR CASH—TOP MARKET PAID ‘The Secunty Loan Co. 9 Building 302 0.-5. Back of Grand Central Bar. VOID TETO TEST OM, PC eee a BEST BOWL OF CHILI IN TOWN _35e AT THE CHILI Kl NG LUNCH aN of Sandwiches at ee