Casper Daily Tribune Newspaper, August 19, 1919, Page 4

PAGE FOUR Che Casper Daily Cri TODAY'S MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Local Stocks | Wyo-Kans. ___-_ 2.00 2.50 Bid Wy-O-Tex ~_-__ -23 +25 Amalgamated Rity .014 | Stanley cere 60. American ~----- Mosher _____ 500. = 200 Club _ - 300. Teapot __ 90. Boston Wyoming Burke Oil _ Buck Cree’ Black Tail - Columbine — New York Curb Midwest Refg. —- 163 Midwest Common Midwest Preferred x ales Merritt -..- : uh peval ty | Glenrock Oil — ow Gulch Cosden Elkhorn — Great Western Hutton Lake Jupiter — Kinney = Lance Creek Rity. Lusk Royalty ..__ Lusk Petroleum Okmulgee P. & R. Sinclair Gulf Salt Ck. Pr. Assn. Wst. Sts. O. & L. Pr. & Refg. Com. New York Stock Exchange nm Close Mountain & Gulf a 171 Mosher Oil 2494 Northwest - 533 Outwest - 1013 Picardy a Riverton Refg. -~- Rity. & Pr. Corp. 99.74 Sunset __ 94.00 Tom Bell Royalty United Petroleum Wind River Refg. 2nd 43s _ 83rd 4is - 4th Victory Loan _- WYOMING CRUDE OIL MARKET Warm Springs -- --$1.00] Blk Basin ___ 1.85 Salt Creek -- 1.50]|Grass Creek 1.85 Big Muddy - 50}Lusk ~-_ 1.80 Pilot Butte __ 1.50] Lander - 1.25 BURKBUANETT AND RANGER FIELDS CLAIM 195 NEW PRODUCERS IN JULY Burkburnett Sets Pace for Past Month with 146 Com- pletions, 110 of Which Have Flush Production - of 49,000 Barrels Daily FORT WORTH, Texas, Aug. 19.—Two hundred and seventy new wells were completed in the Ranger and Burkburnett oil fields during the month of July. Of this number 195 are producing wells, with a as fields will be producing’ 300,000) barrels of oil daily. Burkburnett has an established production of 100,000 now, and only needs pipe lines to con-} vey the oil. Ranger is running 60,-; 000 and 70,000*barrels, and Desde-| mona will run as much as soon as pipe; lines can handle it. It is no longer question of getting oil in Texas;| the big problem is getting it out of the fields. Among the latest intportant com-| pletions in Burnett are the following: Texas Producing & Refining, Wag-| goner No. 2, on the G. C. Wood acre-| age, in block 86, 2800 barrels. Golconda Weber Oil’s No. 2 Bran- non, block 83, 2400 barrels. | Godley Weber Oil’s No. 8, Bran- non, block 83, 2000 barrels. | Harrison Dale’s No. 1 Taylor, block | 97, 2400 barrels. Important Desdemona completions Comanche Home’s No. 1 Brown, 1,- 500 barrels. Texas Drilling syndicate’s Queen, 2000 barrels. Southland Oil company of Texas’s Vaugh No. 2, 1000 barrels. Desdemona is the scene of the} greatest play in the Texas game right) now. The place was known as “Hog! Town” until recently. Desdemona had 50 people when the oil boom devel-| oped; 10,000 people are now elbow- | ing each other in a mush-room town of tents, shacks and dugouts. Des- demona has four churches, and each| has an oil well drilling in its back) yard. Fabulous prices were paid for! the privilege of drilling on those! church jots. | Desdemona has some odd charac- ters; Tom Hickey, Socialistic candi.) date for governor of Texas at the last} election, bot a lot in the town for a! song a few years ago; a big oil com-! pany is now drilling Tom’s lot, with! excellent chances of getting a big “gusher.” The big question is: “Will Tom divide his oil revenue with the protelariat, as per Socialistic doc- trines?” Warren Wagner’s Terry No. 1, Des-| demona, E. land county, came in re-| cently for 5,000 barrels. Wagner drilled Jhis hole on one acre of ground on a 50-50 drilling contract, | and got what is supposed to he the! biggest well in the Desdemona field. Mrs. B. F. Terry, owner of the land, Lizzie| has leased all her acreage except a|SCha, the other two most seriously|is ready for the output, while more lot in the Desdemona grave yard, where her husband is buried; she has refused a fabulous price for this piece of ground, and she says she is not going to have it desecrated by oi}| Phillip-Comrade, the other man brot/sands by steaming and then apply | in from the accident upon later ad-|the pumps. Two engines will be used Desdemona has no railroad con-| Vice, had both arms seriously burned|to pump the wells temporarily, but nections and has just NeEnEGE omthe but is not as badly hurt as the other| later a central plant will be made and two, it is said. assengers from Ranger, DeLeon and] >ruised besides being burned. derricks. telegraph line. Pi Eastland, and other railroad points. The Desdemona field now has an es- Automobiles carry L. W. Tarkington, head of the Bea- ver Valley and Dixie companies, drill- ed four dry holes in Eastland county, before he brot in the Dixie well. His last three wolls have proven gushers, The Dixie company paid a 50 percent ried this-week, on $100,000 cap- ital. Over 2000 companies have been in- corporated or filed articles of trust to drill and refine oil and sell leases and -royalties: in the north Texas/| fields. Many of these companies are legitimate, and mean business; but, on the other hand, a great many of them are trying to operate on oth- er people’s money. Some intend to drill if they get enough capital; oth- ers are simply being promoted for the benefit of the promoters, who will use up stoek subscriptions in high | salaries and- excessive _oyer-head charges. Many of the legitimate com- panies operating in Texas are listed) on the New York exchange, the New York curb, and the Pittsburgh Oil ex- change. Quotations are also issued daily by the Ft. Worth Oil exchanges, on most of the legitimate companies. People unfamiliar with the oli bus- iness will do wel] to exercise cau-/| tion before they invest in oil stocks. You can’t be too careful in buying! these. Incorporated companies are preferable, particularly those incor- porated in Texas. GAS EXPLOSION CLAIMS VICTIM Darrell F. Hott, 19, Succumbs to Burns in Local Hospital; Others Better Darrell F. Hott, aged 19, one of the four men seriously burned in the explosion at the gas absorption plant of the Midwest Refining company at Salt Creek Saturday morning, died early yesterday morning at a local hospital as a result of his injuries, His father, Daniel Hott, arrived last! night frgm the east before his death. Charles Sanderson and J. E. Bor- injured, are suffering from burns on| the head and face and practically all over the body, according to hospital reports, but are expected to recover. All four were badly Young Hott came to Casper to work in the oil fields this summor bune LINCOLN GOUNTY WELL PROMISING Seven-inch Casing Reinforced Ow- ing to Heavy Gas Pressure Developing KEMMERER, Wyo., Aug. © 19.— The Carter oil well, 27 miles south- east of Kemmerer, is attracting a great deal of attention to that field, owing to the activities of the Wyo- ming-Iilinois Oil and Shale company, a live concern, which has erected a 74-foot California standard rig. This company purchased thru the Over- land Lumber company at Carter, all of the lumber to complete the large reinforced derrick, and have secured the large bull and calf wheels and rig irons from Denver. The com- pany also has contracted for several thousand feet of 5 3-16th, 17-pound casing, which it will use in complet- ing the well. The gas pressure at the well, which had been drilled to 1784 feet several years ago, is so strong that they are compelled to reinforce the seven-inch casing now in the well. Also, there is a showing of oil, enough to ren- der the water in the well disagree- able for domestic purposes, A con- tinuous flow of oil and gas is noted. The management is confident of bringing in a gusher at no great depth, probably within 6 days after drilling is begun, This company has large acreage in both Lincoln :nd Uinta counties. Thomas Hood, well- known in this section of the state, is in charge of operations. Miss Marie Bishog has accepted a other eastern cities, | a Let us show you and convince you of are. Your Electric Work taken care of as Room No. 1 125 North Center St. stenographer. fe a a see ee Grea a = i B88 | | ES | our service and quality of goods and work- manship. We are not satisfied until you you would like to have it. Electrical Supply & Construction Co. Above Campbell and Johnson’s, Clothiers. Electric Work, Phone 483-W. Will Pump 20 Barrels Daily P. L. Mullen of the Arizona-Wyo- ming Oil company, which has required interests in the Fossil oil field, in- cluding a number of wells that were drilled last year, was a visitor in Kem- merer the first of the week, and re- ports that work will begin at once to clean out, case and steam the shal-} low wells, preparatory to pumping MT Lester Brokerage House Inc. Specializing in NEW YORK OIL 156 N. Wolcott Phone 1142 them. Over 400 barrels’ tankage is to be set up at once. Light rigs are to be set over each well to fa- cilitate cleaning operations, which will consist of baling, casing, opening the TIT LL LLL 2 operations made from one central point. Mr. Mullen reports that a test was made of No, 1 well, 257 feet in| depth one day last week. The casing Miss Marie Carey left Saturday Position at the telephone office as} morning on a trip to Chicago, Ill, and ; PODPPOSOOSSOSO OOOO OSHS OO DD OPS OS DO HOD POO OOOOO OOOO DIDO OOO OD Mien here tthe ht cecaleaihont'§ SsAssLesZttpps N total production of 105,000 barrels daily average. proved dry, and ten are “‘gassers.”” Sixty-five wells Burkburnett set the pace with 146 completions in July. Of these 110 came in having a flush produc- fs barrels dail tion 49,000 barrels daily, an! 7. average of 445 barrels per well. Thir,| CO. holdings in the northwestern part fy-fie dey reported. 3n| of the Eastland county. A consider- Burkburnett ‘ation of $900,000 involved. Ranger) or Basthind Rickard organized the 1 company, ported 61 completions, arell in the are producers, showing ng notheotie Y. Barker tract holes were county, re- 50 of which 3,000 barrels B ty, and has just bro producer on the W. in Eastland county. The Texas Pacific Coal & Oi! has just placed an order for one million dollars worth of casing; this is the pioneer oi] company in the Ranger field. The same outfit is building 180 new derricks for projected wells in Comanche and Eastland counties. The Port-er-Wertz syndicate of Cleveland, which paid one million dol- rushing lars for 40 acres of the Perkins tract in Eastland county, on which they daily, an average of 1160 per we 2 Stephens county reported 23 com- pletions only, two of which were dry holes. Stephens county’s new pro- duction for the month was 16, barrels daily, or an average of 762 per well. Comanche county reported eight completions, seven of which are pro- ducing 1 barrels daily, or an av- erage of 250 per well. our dry holes were punctured in Comanche. Pipe line companies are work oh new lines to handle the Burk-| 1? See a burnett and Ranger production. The h#ve one big gusher, has nine other Empire, Gulf, Texas, and Sinclair) Wells drilling. Hupp-Root & Duff Gampalies aceanRILGe Owl _ are drilling ten wells on the remain- to Burkburnett from Oklahoma ping A0)\acres of the’name:tract./© The! Ft. Worth, and the Sinclair ha royalties off this tract promise to completed a line from R: make Sailor Perkins a multi-million- Healdton, where connections are made | #"¢- : oe with Chicago, so that Ranger crude is), Veteran oil men are predicting that now, for the first time, being piped | before the year is out, the north Tex- direct from Texas to the Chic tropolis. The Texas Producing & Refining, Constantine Refining, Western Oil, Panhandle and Humble Pipe Line companies are all building new gath- ering lines in the Burkburnett field. | The latest figures on tank car ship- ments out of Burkburr show 3,-} “Watch the Elgin Movement” 8 iar aaa’ 4Js,| tO earn a “little vacation money.” Hej was full of oil, and this was lowered lines, only a few of the wells are pro-} friends here say, but his home is in which the oil Taised at puce to the top ducing. All the gushers in this field| Ohio. His body will be'taken to his|of the casing. In timing this flow, are surrounded by Jakes of oil, a great | Ohio home today, ‘ Mr. Mullen estimates its capacity at deal of which Wt ueilost before, lines) | Jt wes umofticiay reposted in Cas-|20 barrels dally Bs are complete be it away. j per today en re were severa ~ oe i aN pap Saeenke fecitia ty to be others ‘less seriy bugsied ‘and in- ese fra wes an made in Texas oil every day. The| Jared in the explosion, one report es- latest Arabian Nights ‘story hangs|timating those bufned at nearly 30. around the Lizzie Queen well; 16 = Fort Worth business men leased 15] acres from Lizzie Bearden Queen last Of the syndicate pot ay Szbe ae | New Yorke a Tate They soe Texas Drilling syndicate bored the| te be none abuat w month hee hole on a 50-50 basis; the well is ee - now flowing 5,000 barrels; this means} It’s really’ worth your while at a revenue of over $12,000 a day orjattend Schulte Hardware Co’s. MA- $6,000 every 24 hours for the 16 Ft.|JESTIC range bargain sale. There's Worth business men. ja real bargain in store for you. N : pa? SPS + Ay Maud Tripeny, who is employed b$ M. W.-Purcell, and Her mother, Mrs. William Tripeny, have gone to bay nthe ga gir ogre a ONLY THE HOOVER LIFTS THE UT OVER 1000 TIMES A MINUTE ON AN AIR CUSHION BEST BOWL OF CHILI IN TOWN 15c AT THE CHILI KING LUNCH Sandwiches at- a N N 4 RUG AND FLUTTERS Competent Superint work, can draw plans 964 cars carrying barrels | were handled in May, and 2,785 cars| 581 barrels were handled Rickard, picturesque fistic also an extensive oil oper- ator, has just leased the Heenan & ( yoing! — but ( not all gone. Our Summer going fast but there’s still ry good assortment of Taf GEOLOGICAL WURK es Maps and Blue Prints, Surveying Crude Oil Testing a Specialty Wyoming Map und Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, Wyo. ————— ee Casper Loan Office Will save you maney on yout Wardrobe Trunk, Haud- bag, and Suitcases : : Reliable 133 So. Centor suits are and fab- patterns rics % Thin, cool, light weight tropical worsteds and serges. Mohairs and Palm Beach suits in light and dark effects. Flannel and serge trous- Phone 804-J. er Summer suits, $13.60 to Py Stocks, Bonds, Real Estate Greater CasperBrokerage Company Room 101 Wyatt Bidg. Phone 1104 List Your Real Estate Wants With Us for Quick Action ee eee ed ilk shirts, athletic und- ar, soft collars, belts and socks. Successor to Bloom Shoe & Clothing Co. | TAYLOR & ATTENTION | Real Estate Men and Home Builders endent of Construction , get up specifications. Have first-class recommendations. Want to locate in Casper if I can get in touch with some one that can use my services. Address BOX A. E. H., TRIBUNE CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotati other markets over our privati Place the convenient faci’ ute quotations, Information and quotations fu: Local Oils, New York Stocks, Phone 203 Casper, Wyo. and Lusk over private tele Ask for our 411 Oil Exchange Bldg. Phone 1133 Dutton, Staley & Company “Casper’s Pioneer Brokers” Daily accurate quotations from New York, Denver All local oil stocks bought, sold and quoted. | Instant service. List your stocks with us, we will get you the highest possible price. ions from New York, Denver, and © wires. llities of our office at your dis- posal to buy, sel lor obtain the best markets and up to the min- rnished upon request on Liberty Bonds and other issues. 212 Oil Exchange Bldg. graph wires. Market Letter Casper, Wyoming for a Hoover of the Easy Additional Only *5° Many Weeks Between Each Few Payments Not having a Hoover costs more than to have one—on these terms. payments met by the actual savings. The last obstacle removed from the path of your desire to own a In brooms at $1.50 each; in what it Hoover! costs to have carpetings beaten or cleaned the way you now do; in the longer time it takes the hired wo- man to clean (at 50c an hour) not to mention the damage done to your cugs by stiff corn-brooms which only scrape off the top dirt and miss the buried grit, a still greater damage- doer—it is extravagance to be with- aut a Hoover. For if you do not accept this self- paying offer it means you will be bearing the cost of a Hoover any- - way (in present costly, slow clean- ing ways) without having The Hoover. So, call, or phone, or write us. And you will be the proud possessor of the best electric cleaner made—the only one that beats... as it sweeps as it suction cleans—that straightens nap as itrestores colors as it pro- longs the life of every rug or car- pet you use it on. And can you measure in dollars the value of family health that is bet- tered by a sanitarily cleaned home, one in which germy dust does not befog the air following the clean- ing? Only $5.00 now. The remaining , Don’t pay for a Hoover any longer without having it! IT BEATS.... AS IT SWEEPS IT CLEANS Natrona Power Co. PHONE 69.