Casper Daily Tribune Newspaper, April 5, 1919, Page 4

B E a ¥ F J F J 4 PAGE FOUR Local Stocks ! Bid Ask American ---.--- 023 03% Amalgamated Rity — .70 Bessemer ~~ 10 Burke Oil - | Big Bear - = | Buck Creek Oil- | Boston V Big Indian Center - olumbine Con. Roy 018 Jupiter — Kinney — Northwest - Outwest Pathfinder — Picardy - Riverton Ref; United Pet W ern Explr. Wind Ri E. Vy Wyo- Wyo-Tex 60 .60 WYOMING CRUD Warm Springs --$1.00 Salt Creek - - 1.60 Big Muddy - - 1.50 Pilot Butte — - 1.50 OIL SUMMARY FOR MARCH ona TODAY'S MARKETS BY WIRE |LUS Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. | THE CASPER DAILY TRIBUNE K CLAIMS POINT OF ENTRY 10 THE “BILLION-DOLLAR OIL FIELD’ \Care Taken to Provide for CCity of the Future; First Oil Runs sixty houses have already been con- tracted for at an average cost of $2,600. These houses will be sold Mosher —- $600 = $700 Through Pipeline. on easy payments. a Stanley.Green ---- 125 150 \ The Chicago & Northwestern rail- Copy ee 90 10 a i bs SOOTGIEE re Lusk is different from the aver-|02d has taken an option on a 500 | foot strip of land adjoining Niobrara |Park addition and near the fair} grounds, on which the new shops, yards and round house will be lo- cated. age boom town; there has been no wild rush with the building of a thou- ‘sand shacks and tents to house the 'populace—the growth has been gradual and plans have been care- Midwest Com. Midwest Pref. \ Merritt 6 29.62 fully made for the city of the future. 5: SES | Glenrock Oil - 4.75 The city dads have anticipated the f ] WILLIAMS lJ PAY | osden 8.87 building of unsightly structures and/ La Is | Okmulgee 1.75 |have issued ordinances that provide | : | Houston Oil — 81.00 |for good substantia! buildings. | FIVE PER GENT MONTH Oklahoma P. & R. 8.62 Lusk is now the scene of activity | ee, Wst. Sts. 0. & L. 35.00 38.00 lin every direction. ‘The new $50,-| Island Oil —-_--- 8.00 8.25 ;000 theater building at the corner of | First and Main streets is well under way. Excavation work on the new) PRICE OF STOCK SOARS New York Stock Exchange L, A. J, Philippot left this morn-; Mr. and Mrs. L. E. Snow of Shan 0 ing for Salt Creek, to be gone sey-|non, Nebraska, are spending a few | the Western Blectric Company, is in eral days. dys in Casper. Qaaper. - INITIAL OFFERING OF TREASURY SHARES OF MOSHER OIL CO. Authonzed Capital, 500,000 Shares Unissued .....,. 225,000 Shares Open Close | $250,000 hotel is being rushed; the | Mexican Pet. — 180Z 183% (foundation for the $85,000 court Reports that an unprecedented 1 s Oil 2124 2113 house is almost completed, and many | dividend paying rate of 5 per cent) Sinelair Oi) 45 45% |claborate homes and over 200 smaller|a month would be adopted by the U. S. Steel — oe 97% 994 home buildings are in the course of E. T. Williams Oil Company result-| i | construction. |ed in a heavy demand ior the stock PapSEY/ Bonde: 99.04 | The city council have been investi-| yesterday around the $3.60 mark. 7 94.94 94.94 |#8ting the water systems in various, The reports of the increase in divi-| 93.68 \eities and will soon decide on the dend paying rates'were reported orig- 95.06 |most serviceable for this fast-grow-| inally from Denver dispatches. 93.68 ing city, and a new tem capable The headquarters of the company 95.36 (of furnishing water for 20,000 in-| here refuses to authenticate the re-| 9374 (habitants will be installed this com-’ port, merely stating that “E. T. Wil-| ing summer. The population of L liams will become more active among | |has already increased far beyond the, the producers of the state, and will} - 1.85 | capacity of the present plant and) continue a gradual campaign of in-| - 1.85} many wells have been drilled to sup- creasing holdings and __ production. /( - contract! ply the demand. The present rate of dividend on the} ---- 1.25} The main thorofares are filled with stock issue is 5 per cent quarterly. | |teams, trucks and automobiles, and It is proposed to increase this rate} {the cattle town of 800 inhabitants somewhat.” {four months ago is a city of 2,500 {busy active people today with each, FORMER CHEYENNE DIVINE jtrain bringing in more. FALLS DEAD IN PULPIT) The oil is flowing thru the 30-mile = OIL MARKET Elk Basin ~-_ Grass Creek Fossil ~~. Lander --- ipipe line to a 55,000 barrel steel a } ‘tank from which tank cars are filled, Word reached ChCeyenne yesterday jas fast as they can be obtained. The that Dr. J. J. Shingler, formerly pas- Wyoming Completions Show Fall- ing Off, but Loss Is Attrib- uted to Halt in Drilling Above Oil Sands Fewer completions and 700 bar- rels less of new production are report- ed in the Wyoming fields for the month of March as compared with the February record, but the close of the month showed an incre of 29 in new wells projected, according to the monthly oil summary of the Oil City Derrick, which also attributes the falling off in completions to wells being drilled to the sand “and shut down until government suits are set- tled. W h the ther eption of a few storms ideal for field wor on may be said to be 1 than a year ago. the Derrick shows, and 180 fs} spectively, and March has ed that record by 13 new up and 16 more wells drilling. The Big Muddy field, a summary eported seven completions for onth with total production of urrels. Five rigs were standing drilling. rigs Creek sported one com- 1 and it was dry. Forty-three ich 19 are stand- illing. with 97 rigs, > drilling and others) ,;; spud in at an early were reporte Warm Sprin ith new produ nd two gasser illing and one is six rigs drilling. ron and Greybull drilling and erected for w work. One producer of 600 barrels wi at Rock River, where tools are running » ready for work. t county fields have wells drilling und a total of 26 rigs up Miscellancous operations account for the completion of two wells, one er and another an oil well of 3 and ; show 14 completions for with total new produc- barrels, two dry wells, ,» 123 rigs up and 180 mpared with February’s 3 completions and new production estimated at 2,480 bar- rels the month tion of 1, General results of operations in the oil fields for March ditt little from those for Feb- rua says the Derrick. The completed w 2 larger tha is, 1,974 1 the previous while the new production of 1 barrels showed a gain of on bar . Completions were greater in Oklahoma, Louisiana, Kentucky and the Ce i West, while new duction iner Gulf Co: Pennsy es: of 12 increase of 39. and + pro-| only in| W. au, Central Ohio and\of » completions were 399|from Lander to Rawlins, w —and field is all activity, thousands thru-, tor of the Congregational church Aare dhantone halfitherfailurestwerell os the state are waiting with bated there, and who went east from that 3 Fs = . | breath the heralding of the news that city, had expired suddenly while in Oklahoma and Kansas. North «39 is in, This well is being com-| preaching at Haverhill, Mass., on Sun- Texas reported very few considering | pleted with great eare as the hole is | day. He was a member of the Scot- the territory being new, and the Gulf! sali and drilling at 4,000 feet depth tish Rite Masons and the consistory Coast, had its usual large number, |i. necessarily slow, but no one here at Cheyenne was notified of his death. being about 22 per cent. of the total! doubts but that this weil will re- | Dr. Shingler wes 52 years of age and | completions. Subtracting the dryj nay the confidence of the owners. was survived by his wife and one holes and gas wells from the total New drills are being started and by |son, Don Shingler, the latter a cadet completions leaves 1,373 productive | the end of April it is predicted that at West Point military academy and) oil wells. It is curious to note that/ no Jess than fifty strings of tools | well known among the young people the output of these range from one | wij] be pounding away in the Billon of this city, having attended the uni-| barrel to 8,000 barrels. In February | Dollar field. versity here. ,Heis a member of the she: productive Wel numbered 1,328, Real estate in Lusk is very active, |T. O. fraternity. ! and in January 1,0/0. many business locations having me z me The most interesting feature of the thaireed hands during the past fess Mrs. Annie Hunter has opened a/| March report is the increase promised weeks and handsome fireproof build- | boarding and rooming house at 144) in new work. The largest gain is ings will soon be erected theron. _,N- Wolcott. Lunch from 11 to 1:80. in new rigs, of 164, forecasting the Fagan & Russell, local agents for Price 50 cer Dinner from 5 to Ton locations made for the drill. The obrara Park and High School ad- | Price, 75 cents, Special catering to total of rigs and wells drilling is|dition report that Niobrara Park, transients. 4-3-6t | 6,262, a n of 156 over the close | consisting of 334 lots was completely of Febru The divisions which | sold out in twenty-five days and that | report an increase in new work are!over 400 lots have been sold in the Pennsylvania, Indiana, Kentucky,!High School addition and they pre- Nlinois, Wyoming, Kansas, North dict that the entire tract of 800 lots s and Gulf Coast. The largest will be entirely sold out in the next is of 79 in North Louisiana, sixty days. orth Texas reports a gain of The newest subdivision is the Tom Bell addition consisting of 180 acres j which lies on the high land north of the railroad. It is reported that some | ee Home cooking at the Harvey. 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. With 15 fewer wells completed in ‘ch than in February, the North fields showed only 18 barrels maller production. The completions were 181, and the output credited to them was 66,410 barrels. Consider- ing the wildeat nature of the terri- ‘ory the 25 dry holes is an unusually small number, being less than one for each seven completions. In most ter- itory, even that defined, the expec- | tation is for a failure to each four or! ive completions, so the record for rth Texas is an exceptionally good | While there were no important | sions of the productive territory, | Dutton, Staley & Company Brokers ‘ Daily accurate quotations from New York and Denver markets, over private telegraph wires. Instant ser- vice. We furnish quotations on any stock listed on any exchange in the country. List your stocks with us, we will get you the highest possible price. Ask for our market letter. completed wells favored the be- Phone 468 411 Oil Exchange Bldg. of the field proving a great one. Casper, Wyoming Work is increasing rapidly, and at = " the close of the month 1,744 rigs} and wells drilling were reported, this eR an increase of 146 over the ous report. Of this work 386 ons are classed as wildcat. In Incorporated CASPER, WYOMING Will Open Its Offices at An Early Date tland county the two largest wells reported John Markham’s Nos. F 6 Copeland, each credited with 00 barrels, Stephens county is ted with the Mid-Kansas Oil Co.’s Carey 8,000-barrel well, and the Tex-Pen well on the Knowles, Comanche county, is given as 6,000 barrels, | ‘DRILLING AGAIN | AT HORSE CREEK Drilling has been resumed in the’ st well being drilled by the Holmes ate on the National Anticline Horse Creek field. Operations suspended for a short time be- e of a crack in the drilling stem, has been repaired, and the work Il under way again. 1e well is nearing the 700 foot ;mark in depth, says H. H. Borchers, one of the men who are backing the | | project. fi | in the ‘i SPECIALISTS IN THE STOCKS OF THE New York Oil Co. Curtis Petroleum Co. _>--- . Charles Carlson and Mrs. C. kett are guests at the home nd Mrs. M. J. Foley. Mrs. | | Beckett is stopping here while enroute | re she | ll join her husband and make her nture home. Virginian Oil Company Salt Creek Producers Association Par Value ...,.......... $1.00 The Mosher Oil Company is a Wyoming Corporation .re- cently organized—the foundation of which was the Mosher Syndicate, a combination of Wyoming Capitalists operat- ing in the Salt Creek Fields. Two hundred and seventy-five thousand shares. of the capital stock of the Mosher Oil Company will be issued in exchange for 275 Units of the Mosher Syndicate, in the proportion of 1,000 shares of stock for each Syndicate Unit. Stock issued in exchange on this basis is to be pooled . for a period of ninety days from the completion of organization and can not be offered for sale during the escrow period. ' _ Mosher Oil Company owns. a three-fifths interest in the North Half of Sec- ticn 16, Township 39, Range 78, in the Salt Creek Field of Wyoming, upon which there is now one producing well. Material is now on the ground preparatory to spudding in another well to be located 600 feet south of the present producer. As rapidly as possible there will be addi- tional wells drilled by this corporation and the owners of the balance of the lease. It is contemplated the stock will be on a dividend basis in a compara- tively short time, as all proceeds from the sale of present and future production will be used for this purpose. Capital resulting from pub- lic subscription of treasury stock will be diverted to development—the company’s obligation being a three-fifths participation in all drilling ex- penses, The Mosher Oil Company is on a producing basis and now selling its oil to the Midwest Refining Company. The Capitalization is small. But 110,000 Shares of Treasury Stock is offered for public subscription. We offer this issue subject to prior sale and advance in price at $1.00 per share. TAYLOR & CLAY Incorporated Private Wire to All Principal Markets Oil Exchange Bldg., Casper, Wyo. Phone 203