Casper Daily Tribune Newspaper, March 26, 1919, Page 4

a PAGE FOUR WHTT PLNS INGREASE IN CAPITAL; TO START FETTERMIN PLANT SOON Stockholders of the Wyatt Oil & Refining company ha been _noti- fied of a special meeting on April 15 to vote on u proposal to increase the capital from 500,000 shares of a par value of $1.00 to 750,000 shares. ! shares will be placed in to be sold, the proceeds in building a railroad siding to the company’s skimming plant at Fetterman and to purchase tank cars for the transportation of crude and refined produc Reports that the Traction Oil ¢om- pany had acquired the Wyatt property in the Brenning Basin are mislead- ing, according to Manager George Albertson, who is quoted as stating that his company fiad leased 160 acres to the Traction company on a| contract which requires the drilling | of four wells within a ye The first | is now nearing con it also contracted with the Traction company | for the operation of the 10 wells al-} ready drilled on the basis of 30. per cent to the Traction and 70 per cent to the Wyatt. The refining plant is ready for op- eration as soon as the wells are | cleaned and placed under pump. The oil from Brenning Basin tests to 88 degrees baume lis about 31 per cent gasoline, according to re- ports, —_> Midwest Plans Test North of Rawlins, Wyo. The Mid has acquired 2 1: D is known as the Separation flats, miles north of Rawlins, in Carbon county. The location is about halr way between Rawlins end the Ferri« dome on i retch of comparatively between what is known lins uplift and the Ferris company on what mou Preparation: being | made Il six wells thi: r, The first rig is now being erected. t CURTIS TO DRILL IN BG GASSER THURSDAY The Curtis Petroleum company and the New York Oil compar to are drill in’ their ixth Iron creek on Thurs r wells are divided betwe ider and Lron cre © those m which Digg | per ably will deri its first do- mestic and commercial supply of na- tural yas. MOHAWK INSTALLING NEW EQUIPMENT FOR DRILLS Drilling at the Mohawk well is sus- pended n pending the hooking up of a new en » to continue the drill. ing to the de The well per sands. ad reached a depth of. ) when the drill was stopped he new engine is being installed which, to gether with the new boiler, new tools and drilling cable, will permit the ry Ito any depth nee 2 complete test of the ne hole is comparatively he water from the upper s ed off. x been entir h iNers will he fil the the engir installed — this see virtually been had # mori WYOMING PEERLESS SETS CASING FOR DEEP WOR# The Wyeming Peerless Petroleum company, driling on the Veitch ranch water that w: feet and is again making hole. t is thought that the oil in this vicinity should be encountered at the 2,600- foot level as there is a considerable uplift from the Big Muddy field. The drilling is going ahead rapidly, about 1,000 t of hole having been drilled in the past week. LOST SOLDIER PIPELINE DEAL IS NOW CLOSED The deal whereby the Hlinois Pipe Line Co, acquires the right-of-way, nateri und contracts of the Prairie Pipe Line Co. for a pipe line from the Lost Soldier and Ferris fields to Raw- has been concluded. The Prairie withdraws from Wyoming as far « line business is concerned ‘GARBON COMPANIES TO ~-FIGHT STATE LAW, WILL GOTO HIGHER COURTS The Wyoming Oil News intimates, on advices coming from officers of }the Midland Carbon company. at Cowley and the Wyoming Gas Prod- ucts company at Lovell, that the con-| stitutionality of the law prohibiting, the manufacture of carbon from na- tural gas may be tested. otherwise would put these tw@ plants out of business. The Midland has been in operation two years and the other less than one year. The gas used in, the Midland plant is the first put through an ab- sorption plant owned by the Eastern Fuel company and its gasoline con- tent extracted. This is expected to have some bearing on the future of the industry and it is likely that the matter will be threshed out in the courts, ae MERRITT 10 BE PLAGD ON DIVEND BASIS I SPRING, 1H REPORT Reasons for the recent advance in Merritt Oil were made plain Tues- day when it was announced from New York that the company probably will begin to pay dividends within the next few months, possibly in May or June. The company now has substan tial earnings but until the adjust- ment of new capital provided by the new stock issue, a definite policy will not be determined. The basis on which the company will begin payments may depend in part the result of the deep test well being drilled by the Midwest on section 9 6 of the Big Muc The first Wall Creek sand in this well proved to be 200 feet thick, with heavy saturation in ‘the lower strata but the oil is being cased off and the hole will be continued down to the second Wall Creek, in which the Midwest found the greatest gush- er of the Salt Creek field last fall. NEWE. T. WILLIAMS WELL EXTENDS PROVEN AEA The new well of the E. T. Williams company in the second sand on the| north half of tion 14-39-79, Salt The law) TODAY'S MARKETS BY WIRE - Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. | Local Stocks | } 1 t ae | Mosher -____ - $500 $600 American ---.--- 029 | Stanley-Green _ 95 100 Amalgamated Rity = .70 Teapot __ 90 100 Bessemer ------- .10 | 200 Club 475 525 i 2 Bigibese A “028 jeer New York Curb 7 | Buck Creek Oil 3.00 ' aimee Refg. _-_ 15. 156 | Big Five ___- 023 Midwest Com. --_ 1. 1.67 | Boston Wyo - “BL | Midwest Pref. 2 | Big Indian 28 | Merritt --.--.- 30. Center ___ 01 Glenrock Oil mm 945 | Columbine — 16 Cosden -- 7. a | Con. Royalty - 87 Okmulgee 1.62 | Casper Ranger ‘40 Sapulpa --__-_-_ 7.25 Elkhorn ________ 63 | Houston Oil - 80.00 Great Western Pt. .24 Oklahoma P-&R__ 8.75 Hecla _ 01 , Wts. Sts. O. & L. 31.00 Jupiter _ 06 ! Island Oil = TD. 7.87 SETI, & fe New York Stock Exchange Lusk Pet. “10 Open Close LES EN) ee 898 Mexican Pet. 179% 1763 Mountain & Gulf Taxis Oil Co 210 Northwest, ------ Sinclair Oil 444 Oe onal | Oster 97 Picardy -- d Liberty Bonds Riverton Refg. 14 _ 99.00 United Pet. - “14 Western Explr. 1.05 Wind River Refg. E. T. Williams Wyo-Kans. — | 8rd 44s Wyo-Tex --_---- 50 | dth 441s WYOMING CRUD < OIL MARKE .00, Elk Basin —- - 1.60] Grass Creek 1.50} Fossil .-- --- 1.50! Lander PRAIRIE MYSTERY WELL =. 4ONE DRUNK IN mt WE MILE Det? One lone drunk purged the police The wildcat well being drilled by records of an arrestless 24 hours. the Prairie Oil & Gas company on | Joe Warran, was just plain drunk section 33-19-55, Kelly farm, near: jand made himself conspicuous be- Harrisburg, in Banner county, Neb.,|cause he wanted to give the police just across the Wyoming state line, | department something to do, accord- is drilling below 5,600 feet and is said ing to his own statements. Police to be the deepest test in the western Judge W. E. Tubbs assessed a fine of country. It has been rumored on sev- $7, the customary amount ,charged eral occasions that the hole has cut | for lodging at the city jail and as 94.30 93.46 hd Warm Springs -. Salt Creek — Big Muddy — Pilot Butte —-. nite is known as it is surrounded by/|for firewater he decided to assist in The hole was started with 22-inch’ his fine. casing and is now down to 4-inch cas- ‘ing, and is said to be in good shape. It is more than one mile deep. The company has 85,000 acres under lease Creek field, aid to be making} 100 barrels a day. The location is almost one mile south of the Big Indian well on the northwest quarter of section 11 and half-a-mile from the Williams well on the southeast quarter of on 11 which _ first proved the ond sand to be fertile in that di ct. The well is the farthest outside of the water line o1 the first sed which has been drilled in the original Salt Cre field and therefore extends the proven ar the Second sand proving up s hundred acres. OIL RIGHHTS IN TEXAS BELONG TO LAND OWNER RANGER, T. court of as in of C. D. Greene vs. J. T. Robison, commissioner of the land office, to have disposed of the qu s to whether the State of Te reserved the minerals in the Ss sold under the of 1883. The case was an original action by Greene for mandamus against the commis- sioner of the land office to compel the latter to issue to him a permit to prospect for oil and gas on land sold to William Armstrong in 1885 under the act of 1883. The contention of Greene was that under the act of 1883 all minerals in the land, whether known or unknown, were reserved from the sale of the land and that the { title to them is yet in the state. The eral .—The Supreme deciding the case tic opinion of the court is that the res- | ‘clievi east of Casper, has just finished set-| ervation of the minerals in the land | rhs ving, Su ting casing to stop a small flow of under the act of 1883 extends only | ; encountered at 2,400 to minerals then known to exist there. | —— or E. C. Engstron of Denver arrived in Casper yesterday to join the ac- counting force of the Mestas & |Spiers company. Mr. Engstron will have charge of the Douglas branch of the company, leaving today for jthe Converse county capital ta as- sume his di kets, over private tele; vice, exchange in the country. market letter. Phone 468 j Casper, Wyoming - DONT LET A COLD Dutton, Staley & Company Brokers Daily accurate quotations from New York and Denver We furnish quotations on any stock listed on any List your stocks with us, we will get you the highest possible price. extending over into Wyoming and) is said to have expended more than $125,000 on this test. BIG INDIAN IS | STARTING WELL IN THE SOUTH, The Big Indian Oil & Gas 7 which has 8,000 acres in various fields , 4 of Wyoming, including a lease in the heart of the Salt Creek field, with shut in production estimated at 1,000 barrels per day, is starting its first well in Lee county, Ky. The Big \Indian has a 500 acre lease which is! being developed jointly with the Ken- tucky Petroleum Co., one of the leading operating companies of that state. The Big Indian Kentucky lease is said to be practically proven ground. It is on an extension of the Big Sinking Creek field, re some | of the biggest producers in Kentucky have been brot in. Real Estate ...... Bonds FITLAFISLIFALAZAFAPLALA AD LA ie KEEP YOU AT HOME Dr. King’s New Discovery almost never fails ta bring quick relief’ |. Small doses once in awhile and that | throat-tearing, lung-splitting cough | soon quiets down. Another dose anda hot bath before jumping into bed, a | good sleep, and back ta normal in the mor. Ein ) . Dr. ng’s New Discovery is well known. or fifty years it's been is colda ant gapechial y years 8 druggista tS, A seliable remedy tbat you yourself orany peebar of voor fa ly can take safely, 4 N . ) and Every Policy 3 Rature take with @ violent, habit-forming purga- tive, but with gentle but certain and Fil "ogi etna ie wtimelais he » it ati i lax bowe! ce mate 25c. 25c. R. T. Kemp 111 E. Second St. graph wires. Instant ser- Ask for our 411 Oil Exchange Bldg. SHEL I SI SESE LOL: several pay sands but nothing defi- | the victim had spent too much money} guards and visitors are warned off. the civic improvement forces to pay | ? e e Wyoming First Speaking of Fostering Home Development The New York Life Insurance Co. Has Invested in Wyoming Loaned to Policy Holders on Policies .. Besides which in 1918 Wyoming received in Death Claims ............ Matured Policies and Annuities .. $995,087,284.86 Mareh 17, 1919, at the Council |Chamber at 180 North Center street with Mayor John F. Leeper nresid- ing. On roll call the following were present: Councilman W. F. Buna. x Councilman Perry A. Morris. Councilman T. A. Dean. Councilman M. L. Bishop. Councilman William Kocher. C. M. Bryan, City Clerk. Absent: STANDARD 10 PROSPEGT CANADIAN QU FIELDS - The Imperial Oil, Ltd., the Cana- dian subsidiary of the Standard Oil} Co., of New Jersey, and which is closelyidentified with the Midwest} | Ref. Co., is preparing to spend $500,-| {000 this year in: prospecting for oil! Councilman W. W. Keefe. in Western Canada, according to a} An ordinance presented amending jstatement made by President W..J.| Sections 3, 33, and 35 of Ordinance |Hanna at the annual meeting. Hanna|No. 47-A of the ordinances of the jis a director in the Midwest. The!City of Casper relative to sanitary Imperial buys considerable quantities |provisions of the Plumbing Ordinance. of Wyoming crude, which is refined; Moved hy M. L. Bishop, seconded at Regina, Saskatchewan. |by W. F. Dunn that the ordinance | 2 ibe referred to the Judiciary cotn- mittee. An aye and nay vote being taken resulted: ‘ W. F. Dunn, aye. Perry A. Marris, aye. M. L. Bishop, aye. T. A. Dean, aye. Whereupon the Mayor declared said motion carried ‘and referred ‘said ordinance to the Judiciary com- mittee. An ordinance presented entitled, “An ordinance relating to Taxicabs, automobiles and other vehicles for \hire, fixing owners’ and drivers’ li- cense and compensation to be charged.” Moved by William Kocher, second- ed by Perry A. Morris that the ordinance be passed as read. An aye and nay vote being taken resulted: | William Kocher, aye. M. L. Bishop, aye. W. F. Dunn, nay. T. A. Dean, aye. Perry A. Morris, aye. Whereupon the Mayor declared \said ordinance duly passed and that it be knawn as Ordinance No. 76-A of the ordinances of the City of Cas- per. The question of hearing objections ||to the creation of three improve- iment districts cominé up, it was ___\*moved hy W. F. Dunn, seconded by ————— | Wm._ Kocher, that’ the 3rd day of April, 1919, be set as the day for hearing objections against the crea- jtion of such improvement districts. | Motion carried. A resplation presented entitied “resolution of intention to improve by grading and draining, construct- jing cross walks and curbs, and im- —————————— . TFAYLOR & CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotations from New York, Denver, ana other markets over ous private wires. Place the canvenient facilities of our office at your dis- posal to buy, sel ler obtain the best markets and up to the min- ute quotations. Information { COUNCIL PROCEEDINGS Casper, Wyoming, March 21, 1919 | | City Council of the City of Cas- per met in regular adjourned ses-! }sion pursuant to adjournment from TRANSPORTATION ‘The Way Uncle Sam Taught Me tive Me atrial LIAM WERD 'W. Office w Mokler Bids. GEOLOGICAL WORK Mapa and Blue Prints, Surveying Crude Oil Testing a Specialty ‘Wyoming Map end Blue Print Co. P. O. Box 325, Rm. 10, over Lyric || WANT YOUR BRICK WORK On Contract or Percentage €all for Estimate PETER CLAUSEN i iF Casper Loan Office Will save you money oan your Wardrobe Trunk, Hand- bag, and Suitcases : : 3 Reliable 133 So, Centr Phone 804-J. and quotations furnished upon request on Lecal Gils, New York Stocks, Liberty Bonds and other issues. 212 Oil Exphange Bldg. Phone 203 Casper, Wyo. OD. $2,885,710.59 | 3S _ 75,000.00 . 397,157.05 co Q9413,553.54 $2,885,710.59 92,634.00 141,318.61 $ 193,952.61 SAFETY FIRST in the New York Life is Backed by Protection _ R.M. Bartholomew Agents .- Phone 370 Casper, Wyoming : N ) N N N N) N & . ) . N N ) N N ‘ said motion duly carried. N | & N : N . : ¥, MARCH 26, 1919 proving Grading District No. ad ‘Grading Digtrict No. 2.” oved by T. A. Dean, seconde.| wy L. Bishop, that the forego;: regalution of intention to cre: Grading District No. 1 be passed 1s read. An aye and nay vote being take: resulted: ; William Kocher, aye. Perry A. Morris, aye. T. A. Dean, aye. W. F. Dunn, aye. M. L. Bishop, aye. Whereupon the Mayor decile.) said resolution duly passed and that the day set for hearing objectic:,- ;, the creation of said Grading Dis:;;.- No. 1 be set for April 3, 19: at 7:30 p. m. A resolution presented enti; d, “Resolution of Intention to impy:, by grading, draining, constru crosswalks and curbs and impr Grading District oN. 2.” Moved by William Kocher, onded by W. F. Dunn, that the » lution of intention to create Gr District No. 2 be passed as read An aye and nay vote being { resulted: William Kocher, aye. Perry A. Morris, aye. T. A. Dean, aye. W. F. Dunn, aye. M. L. Bishop, aye. Whereupon the Mayor declared said resolution duly passed and that ithe day set for hearing objections to be creation of said @rading District No. @ be set for April 3, 1919, at 7:30 p. m. A resolution presented entitled, “Resolution of Intention to improve }by grading, draining and const ing crosswalks and curbs {prove Gradigg District No: Moved by W. F. Dunn by T. A. Dean, that th of Intention to create ( trict No. 3 be passed as An aye and nay vote beine take resulted: William Kocher, aye. Perry A. Morr it Dean, aye. w. Dunn, aye. M. L. Bishop, :aye. Whereuna the Mayor said resolution of Intenti Grading District No. 3 duly and that the day set for hear \jections to the creation of sec. 0- iken ing District No. 3 be set for April 3, 1919, at Communications received from ( & N. W. Ry. Co., relative to safety of persons crossing and relative to moval of personal property fron streets along railroad right of wa; table Communications laid on the The Mayor at this time stat the City freasurer would be « from the City for some we thereupon appointed J. S. V: ns Deputy City Treasurer during the absence of the Treasurer. | Moved by Perry A. Morris, sevo jed by T. A. Dean that the ap; jment of S. Van Doren as |) y Treasurer during the abs City Treasurer be confirmed. \ and nay vote being taken resulted: Wm. Kocher, aye. T. A. Dean, aye. W. F. Dunn, aye. Morris, aye. ishop, aye. Whereupon the Mayor de jsaid motion duly carried. | Following bill presented: | Earl C. Boyle, Ford car, Moved by M. L. Bishop, s« by William Kocher that the |)! allowed as audited and warran! {drawn to cover the same. An aye and nay vote being taken resulted: | Perry A. Morris, T. A. Dean, aye. | W. M. Whereupon the said motion carried. Moved by T .A. Dean, se Perry A. Morris, that the eek & | Alley Committee be author to |make the bes ssible trade ting go of t eam of hor ithe Case st ctor in pa ;ment for a new gasoline fou drive tractor and to compl: jase of such a tractor. vote being taken r William Kocher, aye. Perry A. Morris, aye. T. A. Dean, aye. W. F. Dunn, aye. M. L. Bishop, aye. Whereupon the Mayor Mayor di: declared laws of th of the Under the election State of Wyoming in cities \first class the Mayor of any jis authorized to appoint one « perzons to serve with the s as clerks of election as reg agents to register all heretofore registered. Moved by W. F. Dunn, seconded yor be h city more f not persons by M. L. Bishop, that the M authorized to appoint at le person in each voting pre serve as a registration agent 0” elec- tion day, March 29th, 1919. Motion carried. i Whereupon the Mayor a phos | the following named persons to on said dates as registratior jto-wit: In Ward No. 1, Prec No. 2, Precinct No. 1, Adams; Ward No. 2, Pri |2, Bunice Smith; Ward Ni cinct No. 1, W. B. Hollic No. 3, Burnett. Council ordered to stand in. |journment until Thursday, April 1919, at 7:30 p. m. * JOHN F. oar Precinct No. in @ LEEPER, Mayor. Attest: C. M. BRYAN, City Clerk.