Casper Daily Tribune Newspaper, June 17, 1919, Page 4

etree PAGE FOUR eee be Casper Daily Cribune Local Stocks Amalgamated Rity 1.2 American Bessemer -- Big Indian Burke Oil — Buck Creek - Black Tail - Columbine - Con. Royalty Cow Gulch Casper Ranger c Elkhorn -_-~ -70 Mike Henry - 13 Outwest — -08 Picardy -- 08 Great Western 25 Hutton Lake ---_ .06 Jupiter -__ 08 Kinney -_- xp! Lance Creek Rit; 1.25 Lusk Royalty ___ 1.18 Lusk Petroleum. 1.40 Mountain & Gulf 45 Mosher Oil -- Northwest — -60 Riverton Refg. ~~ -20 Rity. & Pr. Corp. -95 Sunset --_------ 45 United Petroleum -10 Tom Bell Rity. -- -95 Wind River Refg. 47 TODAY MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange.Bldg. Williams, E. T... 1.40 1.60 | Western Explr. -__ 3.15 3.20 Wyo-Kans 3.00 3.2. | Wy-0-Tex = -25 3 | Units. Stanley Greene_ - $100 125 | Mosher -__ - 600 800 | 200 Club - 800 400 | Teapot __ = eneu 7160 New York Curb Midwest Refg. --_ 174 Midwest Com. Midwest Pref. WYOMING CRUDE OIL MARKET ‘SMOOT AND SINNOTT | LEASING BILLS ARE |the leasing bill introduced troduced in Congress. in most respects to the bill |duced by Representative Sinnott in |the house but Senator Smoot pro- | vides for one-half of the royalty to go to the state from which the min- |eral is taken and Representative Sin- nott’s bill provides for but one thire of the royalty to go to the Merritt —__- state and Senator Smoot provides for Glenrock Oil _ 6.37 5 per cent minimum and 25 per cent Sheen -------- 1 0 0 mamimum royalties whereas Sin- ae a &R. 2 . nott’s bill provides merely for 12% ie ren a8 eee ey per cent minimum. Quite likely the | Wat cee 50.00 61.00 il that passes Congress will be a Ae ts. 0. » 6.87 6.50 | measure similar to the Smoot and jew York Stock Exchange | Sinnott bills. They are both on the “ Close | right trail.” Mexican Pet. 179% —- Texas Oil __ 255. | miro 8 COMMONWEALTH ENTERS U. S. Steel _- 106 | Liverty Bonds | RS ust | WYOMING OIL FIELDS Ist 4s _ 94.70 4 2nd 4s 70 —__. Ist dis 20 The Commonwealth Petroleum Cor- 2nd 43 poration, which recently took over the 8rd 4is 5 | United Western Consolidated and the 4th 4is 94.08 |W. D. Head Drilling Cos., is prepar- Victory Loan _ 99.98 jing to begin drilling operations im- | mediately on some of its holdings in the southern Wyoming fields. Its Warm Springs -$1.00 Elk Basin __ 1.85 | first operations will be in the Foote Salt Creek - - 1.60] Grass Creek _ 1.85 Creek district in 22-78, between Med- Big Muddy - 2.50} Lusk __ - 1.80 | icine Bow and the Rock Creek field, Pilot Butte 1.50] Lander -= 1.25| where it owns mineral locations on GARBON COUNTY FELOS ACTIVE Acquisition of Large Holdings by Big Companies Forecasts Much Drilling. . Oil activity is on the increase in the district between Rawlins and the Lost Soldier field and present indica- tions are favorable for extensive de- velopment this season. The Midwest Refining company has leased 14 full sections, 8,960 acres, from the Union Pacific R. R, in what is known as the Separation Flats dis-! trict, and has commenced drilling a test on Sec. 16-24-88, This. well is re- ported showing some gas at a depth of only a few hundred feet. This group of leases starts at the southern boundary of the Lost Soldier govern- ; ment withdrawal and extends several miles to the south in, checkerboard fashion. The Midwest also has about 10 sections north of this district in- side of the withdrawal and southeast of the Lost Soldier dome. The Ohio Oil Co. has taken up sev- eral leases in the Separation Flats district and is preparing to drill near Soda Lake in Sec. 36-24-88. The Texas Co. has acauired almost 2,000 acres in the district and prob- ably will drill. Geologists have been making some new surveys of the territory north of Rawlins recently and have revised to a certain extent their previous opin- ions of the district. The escarpment marking what was supposed to be one large structure with the Lost Soldier dome, the only part that has so far been found productive, has been picked up at a location much further south than where it was supposed to fade out, and now it is believed that there are a series of folds or small domes which may be productive. CONSUMPTION Ot GIL IN WEST LEADS PRODUCTION The Rocky Mountain duced 1,259,000 barrels of crude oil in April as compared with 1,168,000 barrels in March and 955,000 bar- rels in April, 1918, according to the U. S. Bureau of Mines report. daily zverage in April was 41,967 barrels as compared with 677 in March and 31,833 in fields pro- pril petroleum in the district in April 1,305,000 bar- rels as compared with 1,209,000 bar- rels in the previous month and 842,- 000 barrels in April, 1918. The con- sumption exceeded the production in April by 96,000 barrels. The sto: at the end of April in the R Mountain region amounted to 000 barrels, « decrease of 46,000 barrels as compared with the end of the previous month and an in- crease of 201,000 barrels over April, 1918. Rocky Mountai me ALAMEDA OIL COMPANY ~NEW INGORPORATION Articles of incorporation have been filed with the secretary of state for the Alameda Oil company, which will maintain an office at Rawlins ‘ and have a capitalization of $50,000. The first directorate made up of these Rawlins men: M. Tierney, Carl Aman, Grant McKay, William Mce- Pherson, A. J. Rosier and John Ala- medz. The} 1918. The consumption of domestic crude | | SHALE OIL TO i |Cities Service Company Investi- gates Wyoming Field; Em- pire Test Well Abandoned. The Cities Service Co., the Henry L. Doherty holding concern for num- €rous public utility and oil produc- ing companies, is conducting exten-/| sive investigations into the Ppossi- bilities of the oil shale business in Colorado and Wyoming thru one of | its subsidiaries and probably will erect a large plant in Wyoming with- in a year or two to recover various products from shale, says the Wy- oming Oil News. Representatives of the company have been working in western Colo- redo and in Wyoming for more than r and leases have been taken on a very exte ve acreage of shale lands in the vicinity of Green River in Sweetwater county, Wyo. A re- port from Green River says that the Empire Gas & Fuel Co., a Cities {Service subsidiary, is preparing to erect a plant et that point which ul- timately will cost $15,000,000. The Empire Gas & Fuel Co., the oil subsidiary of the Gities Service Co., has abandoned as a dry hole the deep test which it commenced in 1917, 15 miles south of Rock Springs in Sweetwater county on sec. 20-18- 103. The hole was drilled below 3,- 300 feet. It encountered one or two showings of gas and oil, but nothing of importance. At one point it en- countered a flow of salt water. The company had @ large acreage in that district under lease which it’ is un- derstood, it has surrendered. ————s | Lowered Percentage Donald—“D-ye ken Mac fell in | the river on his hame last nicht?” Willie—“De dinna mean tae say he was drooned?” i—*Not drooned, but badly | | Poison Spider-Bolton Syndicate Announcement able to see me during business hours I will be at my office from SEVEN to EIGHT “approximately 1,200 acres. ~ BE EXTRACTED Indica- tions thet the company will operate |in Colorado are contained in the fil- ing of a notice with the secretary of |state reserving the use of the com- pany’s name for the filing of articles at a later date. |Sabin, president of the Guaranty Trust Co. of New York, and Henry Lockhart, jr., own a majority of the stock which consists of 200,000 shares, no par value, with 191,000 |shares outstanding. It controls di- rect or thru subsidiaries, 30,133 acres of oil lands of which 10,610 acres are in California; 13,183 acres in Foote Creek, North Casper, Lost Soldier and Elk Mountain fields in | Wyoming and in the Ranger field in Texas, and 6,340 acres in West Vir- ginia. The properties are valued at $15,000,000 by the management and present earnings are at the rate of $1,250,000 a . 4 —_—- Miss Edna Mae Healy has return-| ed home from Kentucky, where she | She will | attended college last year. ALMOST IDENTICAL Frank G. Curtis in commenting on | in the |senate, which was printed verbatim|company on the southwest quarter ‘in the Tribune last night says of it: “It is the best leasing bill ever in-| Creek field, ha: It is identicel | stray sand dis: intro-| completions at 2 ‘MIDWEST-CACTUS WELL GETS STRAY SAND AT 2,780 FEET, 15 CLAIM The Midwest Refining company, | drilling for the Cactus of section 25-36-65 in the encountered the ered in all previous 50 feet. This sand | heretofore has shown about eight to !ten barrels of oil a day, but in this case the sand shows for a 75-barrel| producer and will have to be cased |off, whereas in other wells it has been disregarded. The depth at which this sand was found in the} Midwest-Cactus well is about 37 feet less than in the discovery well, indi- cating that it is nearer to the axis ot the anticline than that hole. In con- sequence geologists are disposed to} rearrange their maps to show the an-/} Petroleum | Lance | i the Probably Dogfish poh mf nn g Pe xe pode Sie] Blank had had a aay oft, and when |considerable interest in the drilling) he returned to the office the follow- of this well which may have an im-| ing morning his pals wanted to know portant bearing in locating the apex) Why he looked so disgruntled. ‘of a large dome which recent sur-! ‘Everything went wrong!” grum- For the first time in e of the ‘University of Cau” : number of womén granted bach: degree: this year was great the number of men. ey |veys indicate lies in that territory) bled Blank. i | ——— and on which the oil sands are ex-| “How was that?” one asked. u pected at a shallower depth than in saat go fishing with a girl? | | i f fh field. “Once. | oer Rerereee - “Did she protest against hurting | Maps and Blue Prints, Surveying the fish?” Dr. Etta Gray, of Los Angeles, | is the new president of the Medical Women’s National Association of the | United States. |] _Crvde Oil Testing = Specialty Wyoming Slap and Blue Print Co, P. O. Box 325. Rm, 10, over Lyri, Casper, Wyo. “No. She said she was sure they |were perfectly happy, because they |were all wagging their tails.”—Lon- ‘don Tit-Bits. | OME men spend months in. selecting a car and minutes in deciding on its tire equipment. ticlinal axis farther to the north. BIG INDIAN KENTUCKY | resume her si | iz chool work in Septembe: | | | | ' P. O. Box 48 Lusk, Wyo. We Are in the Market For All Offerings Of NEW YORK OIL Lester Brokerage House, Inc. 156 N. Wolcott St. Owing to important negotiations pending with out-of-town interests for the ab- sorption of all available Units, those who have made reséfvations or ‘wish’ to get in on this proposition are advised to see me at once. For convenience of any one un- THIRTY evenings until Saturday. GEO. C. SWARTZ 314 Oil Exchange Bldg. / The Young Woman Oil & Development Company HAVE LEASED THEIR LAND IN YOUNG WOMAN TOWN- SITE, IN THE LANCE CREEK FIELD—DRILLING TO COMBIENCE IN 90 DAYS RIDE WITH THE LEASER—Buy a lot in the Young Woman Townsite and share the possibilities in their Deeded Land. Full Oil Right Goes With Each Lot Lots selling at $100. Each purchase includes 1,000 shares of Young Woman Oil and Development Co: Oi! Stock. FAGAN & RUSSELL J. R. MURRAY Manager WELL 15 NEARING oIND The Big Indian Oil & Gas well on | the ‘Hieronymus lease in the south extension of the Big Sinking field in Lee county, Ky., is on top of the | sand and the drillers expect to! bring it in next week. The indica- tions are said to be favorable for | the completion of a good producer. The Big Indian has 500 acres in the | Lee county tr&ct which is being de- | veloped jointly with the Kentucky | Petroleum Co., and which is close to | producing properties. The standard rig being erected by | the Big Indian on one of its leases | in the Lance Creek field, on sec. 16-35-64, is about completed and al- most ready to spud in. This lease is surrounded by holdings of sev- | eral of the large companies, includ- | Percy A. Rockefeller, Charles A ing the Western States Oil & Land | Otto H. Krausse | Brokerage Co. |} HENNING HOTEL We Recommend E. T. WILLIAMS AND CONSOLIDATED ROYALTY §) As a Splendid Investment 9) Market Quotations. Tel. 1155 | 202 O. S. Bldg. Casper, Wyo. TIPTALLE LIA PLLL LLL ITSP CLLLALALALAL AA AAA Phone 1142 ’Phone 985-W Ma And yet’ the best car-in the world is ultimately no better than its tires. With Firestone Gray Sidewall Tires between you and the road you can rest assured of getting every dollar’s worth of satisfaction out of your car that the makers put intoit - Firestone TIRES. Most Miles per Dollar Earl Cc. Boyle 231-237 North Center Street Wyoming Distributor Phone 9 Hard Working Servant POCSSOSSOOSOOOOD Cook With The Let Us Cool Demon- Method strate 900060000000 0069 00006 000b000066% A Hotpoint Range in the kitchen means a clean, cool room, free from all the clutter and muss of other fuels. It means that the cooking for a large or small family can be done with maximum comfort. Hotpoint Ranges are-furnished in several sizes and styles. : Above is a glimpse of Model D, with baking and broil- ing oven, warming oven and four cooking elements. SI ST SS ST SSIS ST SP Natrona Power Co. Phone 69 »