Casper Daily Tribune Newspaper, July 28, 1919, Page 4

4 res PAGE FOUR E TODAYS MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Local Stocks } Williams, E. T. -_ 1.50 1.55 Ba | Western Expl -80 4. Amalgamated Rity .75 | ee 278 American - : | Wy-0O-Tex. 28 Atlas) ——-----—_— Vatlts. ; Boston Wyoming Stanley Green — 50 75 Buck Creek Mosher _ 500 700 Black Tail -- - | 200 Club 800 400 B omer Teapot __ - 90 100 ig Indi | sig New York Curb 3urke Oil - aeige es Midwest Refg. --_ 178 180 | ComiGih. Midwest Com. - 2.25 5 | Midwest Pref. 3.00 Columbine ----- ¢ Merritt Casper Ranger -- a Elkhorn ---- Garmek Great Western Pet Hutton Lake Okmulgee P. & R. | Sinclair Gulf Salt Ck. Pr. Assn A Z Wst. Sts. 0. & L. 5 5.00 inney = HE rs Pr. & Refg. Com. 8.37 8.62 | Lusk Pet New York Stock Exchange | Lusk Royalty ~~~ Open Tee Mexican Pet. _-__ 198 1943 Mountain & Gulf 43 Texas Oil 268 268 MaheoOle es 1.00 Sinclair Oil = 2 62 Northwest > 868 65 U.S. Steel -----_ 112 113 Outwest .. —._-- 05 Liberty Bends Picardy —---- .06 = - 99.50 99.50 Riverton Refg. 22 - 94.10 94.10 Rity. & Pr. Corp. .52 - 93.60 93.60 | Sunset je 19 - 98.90 9 0 Buck Creek 5.60 | - 94.06 94.06 Tom Bell Roya 60 , - 95.04 95.00 United Petroleum .09 4th 4is 93.90 Wind River Refg. 4 Victory Loan _ 99.92 99.90 WYOMING CRUDE OIL MARKET Warm Springs —--..--..20---$1.00, Elk Basin —-~.. Balt Creek ---.------------- 1.50| Grass Creek eee Big Muddy aaneeeeecsce-- 1.50) Lusk -.._ cere rh Pilot Butte a Re “OECHETARY OF THE NAVY a a FOR RECRUITS; Rok CROVANTAGES ARE URGE Secretary of the Claim that Casper Is Prob- has ed the following call for able Location young men to enlist in the na “Now that war time acti e ceased and it has become nec- Reports of important develop- ¢ fields as the result of the entrance £® 1s of the ‘ Sinclair Consolidated Oil) savantages and opportunities for| shorter route. company are rife these days, but promption wll confirmation is lacking of a ‘claim, Prometion sated that a pipeline is projected for Den- a ete gr “ere mmene time navy ver with a refinery to be built at “™<. { ae that point. Officials approached on!,,. UPOn the cessation of hostilities | part i f the department's first concern was |! the subject are inclined to ridicule | 4 bring! abouteth 1 f such a rumor, but no satisfactory BPO aoe erree se. answer has been returned regarding the chances of refinery construction in per. “Why build a line the oil is in Wy is quoted as war, and by so doing, sacrificed from | one to two to Denver when 2” one official ming? ying, and a report is current that the company has se- cured options on # refinery site close to the city limits of Casper. This, coupled with the fact that +he com- open elaborate of- here under the man ver! pany will shortly \unable to do so, however, I urge fice 4) Algeo, fo west Refining co department, is want. The question of source of produc- tion for the proposed refinery is an- swered by a circumstantial report the the Sincleir com has ac- euired control of the Wyo- ming Oil company, which hi rement of with the Mid- ’s production sidered signifi- fered by the navy tious young man, and suggest that! |they interview local recruiting of-| department. “To the average young: man, one} bf the chief appeals of college life, apart from the educational advan- tage, is the athletic training and re- foforeili peantatlaceels owned jn | Sultant fun which form a part of Weanceseadlenie Gg a ane the life. That is a healthy, young : and which has considerable| american viewpoint. The’ athlete | acreage and production in the Salt|jite de alno one of th ee | Creek field. It is understood that the |jitemente of the navy. Each arial Sult Greek Producers Association, | pron S ‘ ‘ Inc., which was recently formed by|D2S its athletic acti and/sae inter-ship contests are events to which the men look forward with as keen anticipation as do the varsity | the Midwest Refining company to consolidate various Salt Creek prop. erties, was negotiating for the con-'— thus’ trol of the Franco-Wyoming, but "ire technic Wa frases | that the ‘deal fell through. This}, . ine navy sivas voure man eae | was followed by the statement that | >> einity to become proficient ta the Sinclair people had secured this whatever line they ehponeimanal at company. The > es y ing * 5? ompany. The Franco-Wyoming|the same time Jead the life@connist- company controls the Wyoming ent with ideals of American man- Oil Fields cor troleum con Line & Ref Enalpac Oil & ( subsidiaries own pany, the Cactus Pe- 3 che (Natrona Pine |e ee ee ee company and the company operates the Franco-Wyo- s company. These ming holdings in Salt Creek through | properties not only contracts made at the time of the in Sult Creek but in Lance Creek, organization of the company and | porinetn Colorado, Horse Creek, also has operating contracts on some ‘arbon cou hood.” Wyoming also stock holdings in company and Th owns considerable include the construction of a pipe the Midwest Oil line from Salt Creek to Casper for the Midwest Refining the hendling of the Sinclair produc- Midw tefining | tion. nty, Big Horn basin and of its holding in Lance Creek. The | other sections of Wyoming. Franco-! plans in contemplation are said to} |ond completion. | . | Petroleum company is }2 jh Navy Daniels }operating on the structure. THREE WELLS IN ‘auny, WITH COMMONWEALTH BY | OAND, 19 CLAIM PARTNERSHIP. PURCHASE. I Lusk and Mule Creek Report New Producers Extending Area of Oil Fields Predictions of early completions in| the Lance Creek and Mule fields were realized over the week- end with reports from Lusk that the; Commonwealth Petroleum Refining| the large eastern concern which w: Western States-Midwest well on the southeast quarter of sec- tion 27-36-65 had struck the pay and claims from Mule Creek that two wells had reached the sand. The Lance Creek well is farther north of the gas belt than other drilling and if the report is true that a good flow was encountered it will open considerable new territory by extend- ing the proven area to the north. The Midwest Refinfhg company, drilling on section 19-39-60, is said to have completed a well at 1,65¢ feet at Mule Creek. This well is an Close offset to the Ohio discovery well and failure was not anticipated. The | Ohio well is considered good for 156 barrels as a conservative estimate and the Midwest well is in the same sand. Of far more importance is the sec- It was drilled by the Sterling Oil company and oil was found at 1575 feet. It is reported good for 300 barrels. This well is on Section. 14-39-61 about 14 miles north and west of the discovery well, and therefore proves up a vast area of new territory. The fact that oil |was found at 75 feet less depth than| ming, Texas and Oklahoma during the it was encountered in the discovery 1.85 well also is important as demonstrat-} from these fields is encroaching jing the rise of the structure in di-| on the export busines | rection. Half a dozen wells are nearing the finishing stage on the Mule Creek field. The Glenrock Oil company has one down 1,300 feet in territory lying between the discovery well and the one brought in by the Sterlin; company. Another by the Traders’ drilling at 290 feet. Ohio and Midwest each two wells approaching the sands. Several smaller companies also are Shallow drilling and the high grade quality of the oil contributed to the attractions of the sary to release men who enlisted already is under way ments pending in the Wyoming oil in the navy for the period of emer-|to have terminals ¢ only, an interesting program ‘Dak., twenty-two miles distant, altho being arranged whereby unusual'the railroad could be reached by a the lations, only seventy feet young men who came in the navy | sand. h to contribute their help in time of Oil are said to be of the best. rs of their educa-| Well on section 19 tional training, so as to permit them half miles northeast of the Glenrock | to return to college. I strongly ad- well, and supposed to be 300 feet vise every young man who can pos-|higher on the structure sibly do so, to go to college and|With appeal to parents to encourage their | well, has reached a depth of 2,420 sons to complete their education. If |feet, and is going good. that parents investigate, in behalf | Western States on section 17 of their sons, the opportunities of-|°" Wyoming-Dakota-Cow Gulch ac to every ambi- | #8¢- COLOCOSOCO: European Plan CONVENIENT TO EVERYTHING ONE-HALF BLOCK FROM THE UNION STATION HAS THE LARGEST DAIRY LUNCH COUNTER IN DENVER. Fireproof Garage in Connection HEADQUARTERS FOR THE OIL MEN OF WYOMING. 29O9OO0000900650000009000050000 0060000000000 field. | A pipe line for marketing the on It is expected Edgemont, S. The Illinois Line com. | be given to those|pany is to build the pipe line. Lusk Field News. The Glenrock well, in the eastern of the Lusk field is down to 3,630 feet, and according to calcu- off the striking The indications for The Western Si Cow Gulch , one and one- at compared the location of the Glenrock A new mill is being started | Rock Creek Deal Pending Another large deal in the Rock |ficers or communicate with the navy |Creek field of Wyoming is pending, ing contract, and now he is or completed, according to Laramie reports. It is said that W. M. Arm- strong and associates of that city have sold their remaining working inter- ests with the Ohio Oil company ir that district to a syndicate headed by Carl H. Pforzheimer of New York for a sum involving several hundred thousand dollars, and that a new com- pany is being organized to handle the property acquired. Armstrong and associates original- ly leased to the Ohio Oil company the several sections of land now compris ing the Ohio holdings in the Rock Creek field. The acreage was ownec by the Diamond Cattle company. L er, after the first well was compl, Save Time und Money Come to SMITH’S AUTO SHOP Ford Cars Contracted All Work Guaranteed 224 W. Third St. Phone 1086 ANNOUNCEMENT We wish to announce to the ladies of Casper that we have purchased the beauty parlors of Miss Delia Lenehan in the Smith Building and will endeavor to render the same courteous treatment and service as given in the past. We wish to solicit your patronage and assure you now that we will always strive to please you. MISS NELLIE QUINN. MISS NELLIE POTTS. Stocks, Bonds, Real Estate Greater CasperBrokerage Company Room 101 :-: Wyatt Bldg. Phone 1104 List Your Real Estate Wants With Us for Quick Action Creek | 000 of the capital stock of the Union| enue to needy farmers on a low inter-| MONDAY, JULY 28, 1919 | Owing to the scarcity of wa ‘UNION OIL 1S UNITED SPECIAL SESSION URGED WILLIAM JONES, FOR FARMERS’ RELIEF :sxser:, sono 8 = = { | To relieve distress amongst farm- | ers who lost their crops this year be-| cause of the unprecedented drouth,! A deal which is expected to have a| Mayor M. B. Camplin of Sheridan sug- | far-reaching effect in the future de-| gests that it would be a wise course) | velopment of the Wyoming oil indus-| to pursue if the governor would call try has been consummated thru ac-|an extra session of the state legisla-| quisition of approximately $20,000,-| ture for the loan of the state’s rev-| MAKER ° AE ACHS JAWIOT Oil company of California by the/'est rate and long-time interest pay-| raat : company,| ments. ‘The state government is! as | rich from its oil lands and other rev- recently organized by Percy A. Rocke-| enue producing possessions, and could | _——— Denver, Coloraae feller, Henry Lockhart, Jr., and|well afford to make such loans upon | WORI - ‘ Charles H. Sabin, president of the} Wyoming farms,” says the mayor. ing my te Guaranty Trust company of New|“There are a good many farmers in H Kra shakie county man Thursday morn j York, says the Wyoming Oil News.| the state,” he continued, ‘‘who stand 0 5 usse ing, “I talked with scores of real es- 4 The Commonwealth company has|to lose heavily from this drouth, and tate men who are maintaining a purchased 50 per cent interest in|some of them will be hard put to the Union Oil company, for which, maintain their homes and their hold- {it paid $160 a share. An official| ings. As I see it, there is no use to | statement says that it did not seek| which the state’s surplus revenues | control but partnership and that there| could be put that would be of more} will be no change in the management)'profit to the general public than to of the Union company. finance our stricken agriculture in We Recommend ‘ The Union company has heretofore | this trying period.” | ET, WILLIAMS AND —— ! » ie confined its operations largely to Cal- : CONSOLIDATED ROYALTY Brokerage Co. HENNING HOTEL ifornia where it is one of the three| Read The Tribune ads. | biggest concerns in the state. It has built up a big producing, refining) several wells in Wyoming. The Com- jand marketing organization and is a|onwealth also purchased control of | heavy purchaser of crude produced by| the W. D. Head Drilling company of |other companies. The Commonwealth| Cheyenne, which carried with it $2 |company has a large acreage in Wyo-| 990,000 worth of rigs and drilling) ‘ming, Oklahoma, Texas and Califor- equipment of all kinds. It has un-| |nia, but no refining or marketing de-| Ninitediwealth behindiat: | |NoTICE TO WATER CONSUMERS | water consumers will have t. strict adhere to the following hours for ir- ~ STOCK, ACE Water Commissioner. | 5-5t| Rusper STAMPS As a Splendid Investment -|f| Market Quotations. Tel. 1155 ter, KEEP LAND AND OF BASIN MAN | Easterners Hope to Take Advan- ! tage of Dry Year and Feed Shortage by Heavy Invest- | ments Here, Resident Learns on Trip watch on Wyoming with the intent of coming here next fall and purchas- ing all the land they can get at the low prices which they expect will follow an exodus of farmers. Specu- lators from all parts of the count will be here, and ess the farmers ers have cause to be down hearted. But the chances are they would not better their situation by selling. holding on, | cover. “For all the stockmen in this coun- =|try to dispose of their herds would By they probably can re- | partments. Lockhart, in explaining the pur- } poses of the deal, calls attention to |the great oil development in Wyo- Dutton, Staley & Company “Casper’s Pioneer Brokers” Daily accurate quotations from New York, Denver and Lusk over private telegraph wires. All local oil stocks bought, sold and quoted. Instant service. List your stocks with us, we will get you the highest possible price. Ask for our Market Letter 411 Oil Exchange Bldg. Casper, Wyoming past few years and says that the oil) up-| of the oi] com-} | panies of California and that unless| steps are taken to meet this compe- | tition it will shortly restrict their op-| | erations to a small area, resulting in over-production and unprofitable op-| | erations in that state. The deal just! consummated is expected to meet this {situation thru the furnishing of un-} limited funds for the Union com- pany to expand its export markets in Europe, South America and_ the | Orient. The effect of this expansion will undoubtedly be to open a much wider |market for Wyoming production. Both of these companies have been antici pating this move for several months. ‘The Union Oil company recently made a new contract with the Sunset Oil company of Wyoming, for the joint development of the latter’s holdings, consisting of close to 70,000 acres in the Lance Creek, Little Lightning, Harney Creek, East Big Muddy and Douglas fields. Recently these inter- ests have been acquiring acreage in Carbon county. It is generally un- derstood that the Union Oil company | will build pipe lines and a refinery in Wyoming as ‘soon as it develops) SSS Phone 1133 Will Buy Any Amount px 7 NEW YORK OIL at $80.00 ONE SHARE UP BLAS VUCUREVICH Telephone 711-W. = sufficient production to warrant that | == step. The Commonwealth Petroleum com- pany thru its ownership of 80 per cent of the United Western Consoli- dated Oil company and diaries, controls 13 | Foote Creek, North Ca | dier, and Elk Mountain fields in Wyo- |ming. Both companies are drilling TAYLOR & CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotations from New York, Denver, and other markets over our private wires. Place the convevient facilities of our office at your dis- poss! to buy, sel lor obtain the best markets and up to the min- ute quotations. Information and quotations furnished upon request on Local Oils, New York Stocks, Liberty Bonds and other issues. Phone 203 Casper, Wyo. 212 Oil Exchange Bidy. Armstrong disposed of a part of the s held under the leas under. | working intere: ! stood to have sold his remai terests, amounting to 30 or cent of the whole On ote Me Me ote Me Mocte tote teste lee tata Poste testes Oo Pocte tote tects Mom Poste te ete ote tea SP EP NONE MONO H GA o Ho HE He Hho 4 42-40 4SO4Ee LO HEOHO HOO Ht OOO HG HCHO L6G SLO eLO Cho ele aoe aho 400 Ooo Oe 4e In either case they & o¢, M 4 o Me +. o*, %, Oo Electric Fixtures o*, R « 4, a <2 o, , * +4, RD % o +¢ % o> RO 4 1M A Me x So MeaodleRoegecgesge RK? 0%, CTA ES stocte te cM odgoege-che-cgeefeete io Oo io 00% ° Make your selections from the mosi complete and up-to-date stock in the State of Wyoming 2$69O9086-6-0-6- Seegodseiecioetoate 999O0$4$65-0666- Estimates a >, %, Secs oe, gladly furnished on any size °, 8 Me a% eee % + o, ° XXX home or Oo ot + store. 1% Me oe o% oeloegeateasoeioete PICEGPORGOOD O09 K 2 + Me oo, 1% ote ote o% sf o> RY oe 2 ° cee ° Don’t neglect one of the most important things in your new home— ELECTRIC FIXTURES. Make your selections early and we will deliver the fixtures at your convenience. Any Design or Finish desired. Natrona Power C Phone 69 Mo ate ate aM 0% 4,0 9,8 Ro * oo, o, + Oe Me Me aM sp poageees, SB MS teste. stestecicctectelosteoste Hoste se Soe cio edie bates te cie dete den de ce On 2, Sessetieie-eioele-ahe-efottote ae ieee aioese-4ce-eio-ace-ie-ace-ece eseeieace-die-acedteste-ste sie cfo-aresteeseatectectoetect Pa eee have a much more far-reaching ef- fect than the averages. These same farmers and cattlemen who are now seriously considering the advisability of letting go of their herds have de- voted from ten to fifteen urs to breeding their cattle up to a high standard, and should they let them go this fall they not only would lose financially, but they would also undo years of work. After thoroly, investigating the matter, in my opinion the wisest thing for the small stockman to do is to put only the good stuff on the market this fall and to keep over all the young stock and breeding herds until next year. In that case it would be } necessary for them to get together have a correct knowledge of the value of their land and can obtain their price they should not sell. “Tt is true that in some sections crops have failed and that the farm- and send a representative down to the valley and have him purchase a sufficient supply of hay and feed to tide their stock over the winter months. “While in ihe cast I also investi- gated the advisability of shipping our stock out of the state and I do not think it would be at all wise to do There are a number of reasons so. why I think we should not do this, one of the principal ones being that the change in climate would be too great for the stock and a a result they would more than likely become thinner rather than take on flesh, while another reason is that the grass, altho high and apparently plentiful does not seem to have t me nour- ishment that our cattle have been |used to. It was a noticeable fact that even the native stock of that {country altho grazing in extensive |} meadows in grass up to their kne were in much poorer condition than our own stock is at the present time. “Still another reason why I think jit would be unwise for the stockmen | to ship east is that when they get the |cattle there they will be almost e ‘tirely at the mercy of the market. | As a result, when it is time for them |to sell, ‘they will have to let their | stock go at whatever price buyers are |inclined to offer them, or else go to the tremendous expense of shipping |them out west again in the spring. would be up | against it. 5 ol “With the approz | will more than like @%@ while the market wv o cattle from ch of winter hay owners not w eS take a chance on holding over until next spr . These two condition ete can have but one effect, and that ee greatly lower the price of bs advice to farmers is, ‘Don’t 7 < get discouraged Hold on to your ae land and stock until another ¥ son.’ ”” Se an % = | <, = HERE OATURDAY Se) | Pathfinder cars, which were sup- @fe| posedly blazing the trail for a motor transportation service between Den- ver, Colo. and the Yellowstone Na- | tional park, were in Casper Saturday morning en route from Denver to the Yellowstone park. One car was of the large truck type which probably will be placed in service when the route between the Colorado metropo- lis and Yellowstone is established. The present route of the proposed motor transportation service which is in effect in some parts of the coun- , fai we %, vo ae ate feo! % S003 ° 1M o-afo-efo-oge-! + RY wy. R? - | try between national parks takes the $ | curs thru Gasper. The two cars here | na tat "| last weele stopped long enough to se- %, Sac cure needed supplies wy Py = oe Home cooking at the Harvey. : BASE “se 4, %, oases - + TODAY 6 P.M. | GREYBULL VS. Oo Me a K O 4%, sO 4% hegess 2. yr