Casper Daily Tribune Newspaper, July 2, 1919, Page 6

: wet n c SB ache! be. “ il} nt st Amalgamated Rity 1.5 TODAYS MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. 1.60 0 Che Casper Dailp Cribune ‘INION OIL COMPANY TO ‘GYPSY OIL COMPANY DEVELOP SUNSET LANDS | IN WYO, ON 50-80 BASIS The Union Oil Co. of Califor n Wyomin: which is now tin under its own exec sw contract with the oil Co., which provides for a sy : development of their joint ho The former contract provided that the Union Co. found oil in it is drilling on Sui the land was to between the two cc th y divided nder the |; s the development of all the Sun- ted that the two compa- F guired is der on the PICKING UP LEASES IN MOUNTAIN REGION ucture upon which it has com-| Fargo. deep test. The land ac-| Colorado, road. ‘BIG FARGO GASSER IS FLOWING 98 MILLION Tests made Tuesday of the recently! corporation, The Gypsy Qil Co., the producing|completed Fargo gasser in the Poison | ss ome subsidiary of the Gulf Oil Corp., one] Spider field show that it is flowing ed 2 of the big independent refining and marketing concert Texas and Mexican fields, has| The test was made | d the Colorado territory and! Midwest company, yuired a large block of leases on a | Weathers, general manager of the 38,400,000 cubic feet a day, the larg- in the Mid-conti-! est well yet developed in t Consolidation of the Fargo and Ad- | located near Walden, Colo.,| dison companies by wh) the North Park in Jackson county, | mer will absorb the latter is the next contract the Union Co. under-/ 99 miles south of the Wyoming bor-| important’ proceeding to occupy the Wyoming &| attention of stockholders and de ed announcement of the plans; wh HOLD ANNUAL MEETING <: ling of the Producers and Refiners re held in Cheyenne all#f) Craw offi is rd. at region, an expert of the sted by W. D. NUXATED the for- ie WEDNESDAY, JULY. 2, 1919 ae ——— T the board of directors were re-elect- PRODUGERS & REFINERS ed with the exception that Frank | L. Griffith of Cleveland, Ohio, sue- ; Edward The directors renamed the present c with the one exception that Frank D. McCulley, resigned as sec- The Power Behind Strong, Red-blooded, Successful und hol aggre- 70,000 acres, making ttcher well on sec. 22-9n-| will be brot to a head on July 25, is , eight miles east of Walden, | expected to hold some interesting fea- lled to 8,180 feet by Charles K. | tures. 1 Men and Women of Tod ay. American "30 Stanley Green - 75 Con. Royalty Mosher ~~ 50c 700 | Cow Gulch 200 Club - 300 400 Casper Ranger -- Teapot —~- S20 100m Elkhorn --- Mew York Curb Mike Henry - Midwest Refg. sinney ——_----- Midwest Com. Mountain & Gulf Midwest Pref. Bessemer --~-- +25 Merritt —---- Big Indian 45 Glenrock Oil Burke Oil -- 45 EE Re Buck Creek --- 6.10 6.30 Okmulgee P. & R. Black Tail ---.- .89 43 Sinclair Gulf Columbine -33 37 Salt Ck. Pr. Assn. Outwest -10 Wst. Sts. O. & L. Picardy 10 New York Stock Ex Great Western Pet -30 Open Hutton Lake - O34 -043 Mexican Pet. --- 185 Jupiter -- .09 12 Texas Oil ~----_ Lance Creek Rity. 1.03 1.10 Sinclair Oil - 633 Lusk Petroleum_ 1.00 1.10 i, (8) steel 7=—— == 1098 10 Lusk Royalty - 1.05 1.10 Liberty Bonds Mosher Oi) 1.00 | 34s -------- --. 99.86 Northwest -65 Ist 4s — 94.70 Riverton Refg. -- 25 Qnd 4s ___- Rity. & Pr. Corp. 1.00 = Sunset ----.--- -30 2nd 43s United Petroleum 12 | 3rd 44s — Tom Bell Royalty 90 1.00 | 4th 44s -- Wind River Refg. 40 -45 Victory Loan WYOMING CRUD < OIL MARKET i Warm Springs —. -$1.00, Elk Basin — ~~ ray 85} Salt Creek - 1.50] Grass Creek 1.85} Big Muddy wen- 2.50} Lusk --- - 1.80 Pilot Butte -_ -- 1.60! Lander - 1.25 BOLTON FIELD OHIO DRILLING IS LOOKING UP IN LUSK WELL Bailer in New York Well Comes Up Dripping but Sand Has Not Been Reached Reports of a strike in the Bolton field by the New York Oil company could not be confirmed today, altho it is admitted ‘that good oil showings have developed this week. The sand “within the next 24 hours. has not been reached, according to the local office, but the chances for pro- duction have been increased ma- terially by free oil encountered on the way down. The bailer comes up dripping, according to drillers. The Bolton field, which is located some 20 miles from Casper, almost due south, comprises three distinct structures, it is understood, and the New York Oil is drilling on one of the end domes on section 31-30-81. The center structure, which is ad- mirably situated if found, will see the beginning of a test well by the Poison-Spider-Bol- ton syndicate at an early date on the southeast corner of section 4-29-81. The Carter company is drilling on pula the other dome and the well is lo- MEXICAN Ol PRODUCED cated on section 23-29-31. | | MARKET TO BE QUIET FOR HOLIDAY PERIOD It is probable that market condi-| tions in Casper will be at a stand- still for three days starting with the celebration in Casper morning with no opening of the markets until Monday morning. Denver and New York markets are making plans to close and it is prob- able that ¢he local brokers will fol- low the lead of the bigger markets. The brokers here who have already signified their intention of clf#ing! until Monday are Taylor & Clay, Dutton-Staley and the Henning Brokerage. If there are any mar-| kets they will be purely local as wire) communication with outside mar-| kets will be suspended until Monday. production isjearly in the year. | 7,500,000 tons CHAPPELL Co. IS NEAR SAND, TEXAS FIELD The Chappell Oil company which is financed to a great extent by local capital, is about to reach the oil sands in the northwestern exten- sion of the Burkburnett field, ac-) cording to word received in Casper yesterday from Mark Weber, well known, local oil man who has been at the well site for the past two weeks waiting for it to be drilled in. Mr. Weber’s telegram expressed belief that the drilling would result in a large producing well. The stated that the hole had reached the oil sands and that good oil indica- tions had been secured. The drillers are now setting casing preparatory to immediately drilling in the well. —__+.___ SOLDIER GETS LICENSE telegram ling Well No. 2, Half Mile East: of Pio- neer Producer, Will be Drilled in Today Ohio company’s yell on the south line of 65 in the Lance Creek field is on top of the sands and its completion is expected The drill had not been drilled into the sand late last night, hence no details on the probable production can be estimat- ed, but success of the completion seems assured. This well has been nearing com- pletion for several d: and momen- tarily has been expected to reach the sand. Its locetion is one-half mile wast of the Ohio-Western States dis- sovery well and to that extent proves up new territory. Drilling of the well was started Three wee! when the drill was nearing the the casing parted and two weeks were lost in making repairs. The hole is about 8,775 feet deep. IN 1918 BOUGHT INU. 5. MEXICO CITY, (By Mail.)—The United States took virtually all the 1918 oil production of Mexico, about according to pub-| ished summaries credited to the de- partment of industry, commerce and labor. To Uncle Sam is credited ex- tomorrow | orts of 6,405,731 tons, with Eng- | land taking 134,184 tons and Chile leading South America importers with 630,886. | HUGO-WILLIAMS SPUDS IN MULE CREEK WELL The Hugo-Williams Oil company, composed almost solely of local men, spudded in its first well Monday on its Mule Creek holdings, section 17, 88,61 and is rushing operations with a view to completing its first well in the district within the next 30 or 40 days. ‘The company is also making preparations to drill on many other holdings in the state in the vi- cinity of pro districts. TURN OFF HOSE OR PAY FINE IN GAHE OF FIRE With continued dry weather, the fire department here again called vt- tention today to the necessity of ob- serving the ordinance regulating the stopping of a lilrrigation and sprink- as soon as the fire whistle blows. Any person caught sprinkling or irri- | gation at this session relative to tating in the day time or early even- ing after the whistle has warned of a fire, is subject to a fine of $10 to $100, says the city ordinance. nong the largest 1 companies in t by the Union Co. § well on one of these 1 stand | the loss witho to the Sunset Co. If a producer operations, the one-half of the pr one-half of the cos tak of production. found will recei if ol is\y the Union n out und will arrange marketing and refining of the pro- duction and will arrange for the pipe lines and t tion of the oil. The companies are now drilling close to the sand on Harney Creek, | oe Lance Creek and Little I Creek. They also hold severa tions of land close to one of the) , proven fields in Wyoming which will) jtuti probably be the producing area is on me the big pool has not yet been definitely located by the drill.| - The Union Co. has also acquired ex- tensive acreage in Flats it is preparing to t NEW INGORPORATIONS FLED IN WYOMING Articles of incorporation have been filed for the Niobrara Oil & Produce comps which will oper. ate at Lusk and have a capital tion of $1,500,000. The incorpora-j} tors are A. Lillibri and Max} Hendrick, both of Dickinson, Minn., and Ole Paulson of Minneapolis. With a capital stock of half a million, the Rock,.Springs Co and | Mining company has been incorpor ted by M. J er, H. L. Littell and C. L. Ross. For the purpose of buying and op erating the Henry hotel at Lusk the| | Russell Investment company, with : a capitalization of $75,000, has been| ™Ust be exceptional or we | formed. The first directorate con-/ Would not feature them as | sists of Floyd Pendell, H. B,, we do. Durham and Robert K. Sta all of| They are. They are long-dis- d Albert H. Stewart and} Cross, both of Lusk. Otto H. Krausse Brokerage Co. HENNING HOTEL We Recommend E. T. WILLIAMS AND CONSOLIDATED ROYALTY §| As a Splendid Investment Market Quotations. Tel. 1155 ff} ttcher, of Denver, several years | 2 holdings are to be di- \by the Gypsy Co. This well was aban- | nto prospecting areas and goned as a dry hole. It well will be drilled on each of eq th: hould to reach the pay and will be drilled | commy me IN '¥o9 4,500 feet if necessary. Work has iced on the test. \ The land has been leased in the } name of W. P. Delaat, -manager for | leuse on all of sec. 16-9-78. This com- | on and stand puny is also operating in the Big this cost to be |\Send Draw, bon cour > ity for the | crating in New Mexico where it is i refining of the pro-| drilling a test south of Las Vegas for the) jointly with the Ohio Cities Gas Co. «ent balan amounting to $134,139, ed on the theory that erates refineries at Fort Worth and | Arthur, Texas, and conducts a a fold of port the main structure which, if correct, | marke the Separation | eam district north of Rawlins, which} penalized if aver one WeSaluteThisTire —Youwilltoo | When you consider that the | growth of our business de- | pends upon the kind of tires we sell and the service we render, you realize that Miller Tires tance runners — built by uni- form workmen to a champion- ship standard. No tires cost you less per mile, none others are | Geared-to-the-Road. | s included in the lands secured | ~~ is now believ- t it did not go deep enough} y Co., and includes a state | in Fremont county, Wyo., also has secured acreage in the fields. It is also op- i cording to a re- heet, had cash on hand ounts re- | ; undivided prof- | ,098, and total assets and | of $21,029,283. It is aj ary of the Gulf Oil Corp., cap- sd for $60,000,000, which op- Acme Rubber Co. Casper, 123 W. Ist Wyo. | Phone 249 | GEARED -TO-THE ROAD «UNIFORM MILEAGE WT res ine, . y} nie" Yow RS N \ | his attire. than Ralstons. RALSTONS Help You Toe the Mark , The up-and-coming young } man, or man who feels '.young, to lead must toe the mark — especially in Nothing helps so much as top- notch shoes—and no shoes are more emphatically top-notch 164 SOUTH CENTER not be used in food. CREAM PUBLIC AUCTION SALE OF ELAHURN BAR FIXTURES Monday, 3 p. m., July 7th, we will sell at Public Auction all of the In- terior Fixtures of the Elkhorn Bar for Cash to the highest bidder. All fixtures, back bar and bar, 20 barrels, all sizes, 500 glasses, odd sizes, jugs, demijohns, buckets,“stove, chairs, stools, desk, 19 cases grape juice, one automatic beer pump, in fact everything left inside building. The Tongue Test Put a little alum on the end of your tongue and you will have the reason why alum baking powder shouid England and France forbid the sale of baking powder containing alum. You can téll whether baking powder contains alum by reading the label. Dr PRICE’S BAKING POWDER Made from Cream of Tartar derived from Grapes Contains No Alum—Leaves No Bitter Taste The fire whistle will blow one A returned soldier received a mar- | blast to announce that the fire is out, riage license this morning from the | and all irrigation and sprinkling may county clerk. Harold V. Goings of|\be resumed. The need of a high Dubois and Mary Lisle of Greens-| pressure during a large blaze is the boro, North Carotine, were granted object of this regulation. scpe aicenee: Mrs. D. Sheenberg and children C. K. Tewksberry, local repre-|of Riverton stopped here to spend a| sentative of the Mine & Smelter Sup-| day with Mr. and Mrs. J. L. Learner ply company, left last night for}who are on their way home from Cheyenne on a_ hurried business Denver, Colo. Alex Hayutin of Den-| trip. He expects to return here to-| ver, Colo., is in Casper on a two-week | morrow. | visit at the Learner home. | The Home of Society Brand Clothes a TERMS OF SALE—CASH. ELKHORN BAR MANAGEMENT. Auctioneer, B. L. Scherck Bower of the same succeeded by James C, IRON