Casper Daily Tribune Newspaper, April 22, 1919, Page 4

1 é ] 1 ' PAGE FOUR TODAY'S MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Local Stocks | Units. Bia | Mosher Oil ----. 1.00 Amalgamated Rity — .874 Stanley-Green _--. 75 100 |} Atlas Crude Oii-. — .60 Teapot —- 90 100 | Bessemer -- | 200 Club -- 350 450 Burke Oil New York Curb Big Bear t Refg. ---170.50 171.00 Buck Creek Oil -- | it Com Big Five — Boston Wyo. --.- Big Indian — Center --_ Columbine Con. Royalty --- Cow Gulch -- Casper Ranger Midwest Pref. Merritt Glenrock’ Oil Gosdeng222-=2=-— Okmulgee Salt Creek Prod. Wst. Sts. Island Oil — SP. A: = ~ SaGa eae - 52.00 i y Houston Oil ~-_-161.00 102.00 Li Pe 4. New York Stock Exchange | Lusk Royalty --- 9 Open Close Mountain & Gulf +62 Mexican Pet. ---183.75 185.75 66 Texas Oil 219.00 | Outwest — 09 ‘ nix Oil) == Pathfinder 05 Steel - ==" (99.12 ardy 3 -10 Liberty Gonds rton Refg. —- .i4 United Pet. —--- AL Western Explr. - 2.00 Wind River Refg -20 E. T. Williams -- 4.00 < - 2.00 60 i 4th 4s - = OIL MARKET --$1.00 Elk Basin —_ 1.50] Grass Creek 2.60] Lusk ~_- 1.60] Lander — Pilot Butte i ; on the Coffield lease, six miles north- half ¢ { The gas sands were encountered as in Ba: | well. j Co., on jof Burlington, is reported drilling a | They have eno’ 9 matemeene mre THE CASPER DAILY _ TRIBUNE ‘IMPERIAL BUYING HALF BASINOILWORK AGAIN BOOMING esr coms 0 5 |Reports of Oil Activities in Coun-| The imperial Oil Co., Ltd., the Can- try to North Promises Lively | adian branch of the Standard Oil Co. Developments jof New Jersey, has contracted for iP B | the purchase of large quantities of oil from the new Lance Creek field. (Special to the Tribune.) The oil is now being shipped in tank BASIN, Wyo., April 22.—The Red! cars from Lusk, the first production Rover Oij Co., composed of Montana coming from the Ohio Oil Co.'s pio- capitalists is nicely started with its’ neer well on section 36-36- 5. The well on the Greybull river, eight miles Ohio Oil Co. owns a half-interest in northwest of Basin and is reported ‘this lease and the Western States Oil down 320 feet this morning. & Land Co., a subsidiary of the Mid- California-Wyoming Busy. west Refining Co., owns the other The California-Wyoming, drilling half. The oil is being divided gnd west of Basin, is reported drilling at! Reg atchewan, and the other | set and now running tower. half to the Midwest Refinery at Cas- | well 200 yards west of the ; Patterson-Wyoming No. 1 where a showing of oil was found. Hidden Dome Test 2100 Feet. President Baker of the Baker Oil partially pinched in. Co. in the Hidden Dome field, was a The Midwest Refining Co. has! Basin visitor Saturday night, leaving posted a price of $1.80 per barrel for the field the following day. for Lance Creek crude at the well, Barkhard & Beard, the contractors s being 30c a barrel higher than are now down 2100 feet and are be- Muddy and Salt Creek prices and | he pioneer well is making around | 2,000 barrels a day since the pipe! line has been connected, tho still | ng to the Imperial Refinery at | * lieved to be nearing the pay sa Grass Creek and Elk | the Ohio wells but no gas pressure) | ——.__~ ___ CONSOLIDATED ROYALTY That _ Consolid Burlington Test Progressing. The Tatman Mountain Oil & C and one-half miles soutinw: ockholders of record of d Royalt company w 2-inch casing, Permitted to pu ‘or the hole to Stock in the cumpany a ts a The drillers are today Share, up to ten per cent of their 620 feet, carry on the ground to care 3,000 feet. LUSK QUARRIES DRILLING IN OF TO START WORK GUGHER DELAYED Development of Rich Deposits’ Tends to Slow Up Demand But Projected; Mule Creek Assurance Comes That De- Royalty Organized. velopment Is Pending. (Special to The Tribune) Lance Creek oils, with the excep- as tion of a few issues, developed the Wyo., April —‘Lusk first weakness today since the news Quarries, Incorporated, was incor- of the strike on section 33 but not- ted in the oflice of the secretary withstanding the profit taking of the > on April 15th, 1919, The} past few days they continued in good dd of directors consists of Wrank| demand and the liquidation is expect- Manning, H. F. Goss -led to be followed by another bulge. boldt, all prominent bus:ness men of | Lack of news from section 35, the new Lu producer to be drilled in for the Buck owns and con-| Creek, is partially responsible for t) sposit of high| weakness but assurances to the 1 stone’? and also| bune from Lusk state that offic :’’ rock. Modern|the company left for the field Sun andy been ordered| afternoon armed with cameras “to to reduce the sand-} watch her shoot over the de aes grain, and to re-| Local trading in Lusk holds Buck s desir-| Creek firm at $9.00 a share rock to sizes » purposes, © deposit also con- grade “Rubble” to | The Ohio well on section 33 also is reported to be on the sands and a k rumor has it that it will be drilled in sooner than expected. This anticipation is give s the cause for i for stock of the ‘ex Oil company, which has in- sts in a 640-acre lease all located ithin a mile of The strike would irtually prove Wyo-Tex holdings or nere the of of] to the point where the stock would ra take its place among the j of the field. The compa }a well down 500 feet on 1,600 of holdings in Texas and f: reports from operstions momentarily expected. Another completion in the week at Lance on section immed ly north of the pioneer well on 36 and ¢ | ration intends te the market at purpose a tempor- under the process id will be put the m turn out th ten are < of | crushed | Mule Royalty Company ty jt. It will have no significance Mule ¢ silty company was|with reference to extend the the office of the boundaries of the field in t pro- ate on April 18, 1919.) duction is considered certain. owns approximately! A report from the field s well located | present situation re nous Mule|/wells: Buck C. il compan ed by! section ¢ t, with c: interc this| parted; Texas company and been y leas-| Royalty, 2,860 feet and going nic ed to responsible people and drilling}on the north 1 e operation already under way Ohio-Western Stat on some of this land If the repont} 900 feet and making of a discovery of oil this field is|hole rapic Ohio Oil company, on verified r r interests are! northwest quarter. of section extrem: he officers of | 2,300 fect; Ohio Oil company the cow Leach, pres-| Lance Creek Royaity compan ident; H Hanco ice-president, | t of section 00 fe I, se Oil company, s ing shoe and ha last two week: tury and treas- drilling up Yr e 20 fect in Buck Creek Oil northeast the 1 of Bacheller and Bachel- ler, |i ers, © the legal oa f company, on quarter of for both the above corporations. section fishing at 2,780 feet; eens Buck Creek Oil compar on the southeast quarter of section 26, 2 GOO feet, and making good progr NEW YORK WIL SPUDDING ‘ J Western States Oil & Land company and Lusk Royalty company, on south- ii iN CREST if OIL MI east quarter of section 25, drilling at U #) 2,300. fee on same quarter, at 1,700 feet; on section 1300 feet. _ — DESPONDENT OVER HIS LOSS The New 3 on the crest of Oil Mountain and | spud in there in a few day This! Hewett Eran Geen eke vein cui |p JACKSON, April 21-— Jos \Navalc jacent to Iron Creek. eli wi former harne be drilled with the the expectation of| mitted suicide ig gas and if production is se- Il doubtless nis Be-| it omessage received. by that the’ eatheriae’ f Hi friend spondéncy over the loss’of ha he gathering al Lome ronnie wits aueaiaes 9 unas 65 i which young wife and baby during the influenza epidemic been the cause. will probably be the source of Cas-| believed to have per’s first fuel gas. i } > at 1000 feet. cha st ng from the Manila line to holdings on April 15 in the announce- el cable. as made at the compan: Gas in Elk n today. J. R. Graham of the Empire Oil & . ment by B. B. Broo} Gas Co., driliing in Montana on 2 ed to ail stockholde continuation of the Elk Basin struc- ¢ nouncing the intention of ti ture was in town today and reports Company to permit this addition: the strike of a 3,000,000 gas pres- Stock e for the purpose of fin at 4100 feet. The gas has been,!mg the additional work of the com- d off and the company will drill? the Texhs fields. test to 5,000 feet before, _ the that good revenue loning the hole. Twelve Wells Are Drilling. R the board of di s e now reported cided to permit the e of addi- ing in n and about the same tional stock below the market price number in Grass creek. sden peo-|in order to proy dditional funds ple are shut do in C for increasing the scope of the Texas , waiting for additional development i Stone is moving on a lc ec miles northe: of Torchlirht on the Bankson lease. Pierce Oil & Refin- ing ay for Dobey cree locat 3 to start early in May. FARGO SPUDS IN NEW WELL, POISON SPIDE zt Extension, For for end has been connected as a teac'! with Baylor College, Texas, AS YOUNG AS . YOUR KIDNEYS amuhe sécret of youth is ELIMINA- ; TION OF POISONS from your body. ‘This done, you can live to be a hundred and enjoy the good things of life with } @8 much “pep” as iyou did when in the En good condition, that's the roan Late reports from the Poison Spi- Waren ena yom that's, the secret. der field state that the Fargo Oil purify the blood, all of which blood | company has spudded in on well No. | Passes through them once every three . g z ss minutes. eep them cle: | 2 and ha: now reached a depth of | proper worklag’ cossigion orp and gin 0 feet. Besides this well ma- mothing to fear. rive the poisonous > pro e rig) Wastes and deadly uric acid accumuls- a Eons force me. tions from your system. Take tsOLD | erected Tor the start) MEDAL Haarlem Off Capsules and you will always be in good condition. Sou will feel strong and vigorous, with Fargo company is conducting the GOLD MEDAL Haprlon Ol Guess Addison company is nearing the oil gre imported direct. from. the ra sands in the proven field in well No, teyje3 at Haarlem, Holland, 3. ‘The driliing has beta slightly de- oy ore) Bycumbiparemedy) which g J : be: been used by fue sturdy Dutch for on account of the bad roads, over 200 years, and has helped them drilling has been resumed again: to develop into one of the strongest The shallow depth of arthiest races of the world. Get ) 1 : them from your druggist; Do not teke the tield should permit extensive de- a velopment this summer. three sizes, development that the tute. In sealed packages— THE UNIVERSAL CAR Because of its all-around utility, the Ford One Ton Truck—with.worm drive ——has made itself an absolute business necessity. It’s so dependable in service wherever placed, fiexible Ford and sure in control and T k low cost of operation and FUCK maintenance and possessing Your that vanadium steel strength, it has become the Need want in every line of busi- ness, from retail merchant - to manufacturer, from engineer to contractor, from corporation to rancher. Let us tell you details and give you a demonstration. Truck Chassis $550° f. o. b. Detroit. EARL C. BOYLE Authorized Agent 231-237 N. Center Phone 9 yo —~|SUCGESS OF DELMONTE —IALBANY-GARBGN GOUNTY WELL MEANS EXTENSION - OF SALT GREEK FELD According to a test of the field in that vicinity. The well is being drilled about 10 miles from the main production of the Salt Creek field but is congidered well within the possible limits of the structure. Very little attention was | paid to the productive possibilities | of the Dakota formation in this state | prior to the strike by the Ohio Oii! gempany in the formation in its Lusk | wells. The Muddy Creek and Dakota| sands are known to be in place in| the West Salt Creek field, because | of the outcropping of the formation | in the Tisdale fields on the west. M. O. Corey, field manager for SAA TUESDAY, APRIL 22, 1919 Wyoming National Oil Co., of which S. P. Weller, of Denver, is president, : | but the deal was not concluded. Sev. DL DEAL NOW PENDING Last year the | ———— ee} morning that aftez exceptionally | {difficult drilling the hole had finally | reached a hard limestone, and that when it was drilled thru might prove to be the cap rock over the Dakota! or Muddy Creek formation. There is some confusion in the state as to what sand developed the lucrative producers in the Lance} |Creek field, geologists being equally divided as to belief that it is the Muddy Creek sand and the Dakota sandstone. There is also a prevalent, belief that the producing sand is the! same that produced such high grav-| ity in the Greybull fields, but that the sands are thicker and more heav- the Delmonte company reported this! ily saturated with oil. ———_ | National. The Toltec Oil & Gas Co., which| has locations and leases on between |of the Toltec Co. 8,000 and 10,000 acres in Albany} ae authentic reports|2"d Carbon counties, some of which |21-27-75, last year but never , from Salt Creek, the Dalene Ol is adjacent to the Rock Creek field, | pleted it. company, a Salt Lake Syndicate, is|has negotiations pending for the sale stockholders was recently held nearing the completion of its test | of its properties, according to the! Laramie to consider this and ot on section 6-40-80 in an effort to| Wyoming Oil News. | " ; reach the Dakota sandstone to make|C°MPany contracted to sell to the reaching a definite agreement. eral Casper men, including W. Blackmcre and Marion P. Wheele are associated with the Wyoniir W. R. Fisher is presic and William Marquardt is secret It drilled a to a depth of 450 feet on sec A meeting of the To propositions, but adjourned wi ANNOUNCEMENT Owing to the rapid sale of the | 500 Lance Creek units the official. the company have decided to additional 500 at this time. A as a total of 1,000 have been mar} ed the issue of stock will be close:| THE LANCE CREEK SYNDICA 1 4-22-15 GEOLOGICAL WORK Maps and Blue Priats, Surveyine Crude Oil Testing a Specialty Wyoming Map end Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, Wyo. “We can almost set our watches by the Clydesdale,” said a traffic manager the other day. “‘We operate four trucks. One of them isa Clydesdale. They are scheduled to arrive back at the plant at 5:30. Some of them straggle in anywhere from 5:30 to 6:30. night about 5:20. “It hasn't been late since we put her into The driver says the Clydesdale e time through traffic, accelerates quickly, takes care of the motor speed and leaves service, controller helps to mi steer and watch the road, “And he don’t have to stop on the road to tinker with the truck. on working day after day.” This is typical Clydesdale Service— service that is the logical result of design- ing a truck with every part and feature of business.’ him free to even take care It just keeps r “overtime” with _ But, the Clydesdale shows up night after “endurance. Consequently nothing short Be of a serious accident can put them “out It is our business to see that you get z this kind of Service from your Clydesdale. % We have the men and equipment to of a serious accident. A We kéep your truck working—there is no Clydesdale. The service records of Clydesdale Trucks in this city will give you an idea of what they are doing for other business about it, having a large factor of extra houses, Undoubtedly they will show you * strength—more than it will require even what you can do with Clydesdale in your G in the hardest service. Clydesdale parts business. 3 are never strained to the limit of their Phone or call; R. N. VAN SANT Distributor for Wyoming , : C. C. JAIN, Lecal Salesman CASPER and LUSK Henning Hotel TRUCKS. eee cee NEW YORK OIL CO. CAPITALIZATION, $10,000,000 ISSUED AND OUTSTANDING, $500,000 LOWEST ESTIMATE OF PRESENT HOLDINGS, $4,000,000 PAR VALUE, $25.00 PER SHARE. INTRINSIC VALUE NOW IS AT LEAST EIGHT FOR ONE. PRESENT PRICE, $50 PER SHARE. [t will not be sold for less than $60 per share after May 20th. The price is subject to increase without notice before May 20th. It will not be sold for less than $100 per share after the passage of a leasing bill or other relief measure, affecting its lands on SALT CREEK, IRON CREEK, OIL MOUNTAIN, POISON SPIDER, SOUTH CASPER CREEK, PINE MOUNTAIN, HAMILTON DOME, Etc. THIS IS THE FIRST STOCK THAT HAS BEEN SOLD FROM THE TREASURY SINCE 1916. New York Oil has paid its original investors more than 2,000 per cent including the present value of the stock. THE PROCEEDS from sales of stock will be used toward building a fuel gas line from Iron Creek to Casper; and a GASOLINE EXTRACTION PLANT designed to be ready to operate coincidently with completion of the gas line. LESTER BROKERAGE HOUSE, Inc. THIRD & WOLCOTT STS. CASPER, WYOMING