Casper Daily Tribune Newspaper, September 29, 1919, Page 4

PAGE FOUR TODAY'S MAR Local Stocks Bid Amalgamated Rity. 1.00 American ~ 02 Atlas _-- -06 Bessemer : ' Boston Wyo. - Big Indian Burke Oil Colum) \ Co Royalty Cow Gulch - { Elkhorn Gr. West. Gates Oil Hutton Lake Jupiter Kinney -- Lance Cr. Lusk Rolay Lusk Pet. Mtn. & Gulf - Mosher Oil Northwest Outwest —- Picardy : ) Riverton Rfg. -. Rity. & Prod. Corp. Sunset Tom Bell Rity “Rity._-- Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. ———————————— ] | | WEEK'S REVIEW MARKET BOSSIP WHT SPRINGS KETS BY WIRE - AND OIL NOTES Dome and Other Districts Are Lively THERMOPOLIS, -» Sept. —4. F. McCarthy preparing to > spud in the first of next week on his ground 6n the Hamilton dome a quarter of a mile from the big well \brought in this summer. The Ray Petroleum Company, an- other new concern in the field, spud- ded in last Monday on ground a half mile north of the McCarthy holdings. The Petroleum Producers Com- pany, holding the ground on which discovery was made on the Hamil- ton dome, is deepening Curtis well is frang Drilling; New Field on Beaver Creek The Producers & Refiners’ corpor- lation is shutting in the large gas wells that have been wasting vol- umes of gas daily in the Sand Draw field, Fremont County, Wyo. Wyo-Kans | ) Wyo Tex. New York Curb Midwest Rfg. * Midwest Common Midwest Preferred —_ Merritt a= Glenrock Oil Cusden -.--_.- Okmulgee P & R lair Gulf It Creek Prod_ West. States Prod. & Refrs., Com.- New York Stoc . Big Pool Believed Near The Wolfrang Exploration Com- pany has spudded in a new well on prospective oil land north and west wf oldPlunkett field, north of Lan- der, Wyo. The old Plunkett field has some small wells of very high- grade oi and it is believed that a big 3.00 60.00 8.12 k Exchange can Pet. Seaeele No. 1—the discovery well—and pool lies near. Oil 2174 now down about 1,500 feet with No. = Sinclair Oil --- 60% 59% 2, which was started some time ago, New Weston County Field PT GcS.asteel 2255 _106 106% but not put down to the oil sands. Favorable reports have been made e No. 3 is the well in which the big) by geologists for the Midwest Refin-| Units rg Fr strike wes made that put Hamilton) ing Company on the recently disco Stanley Greene — 50 aes dome in the list of assured winners.| ered structure on Beaver creek, in Pinas eae aes Glencross Is Busy | Weston county, Wyo., and the new = The Glencross Oil Company district will have a test immediately. a ee $0 100 ought the National rig that C. A. Fisher, who has examined the used by the Pennsy people west of town and will soon start drilling on Yankee dome seven miles southwest (of Thermopolis. The structure there is pronounced excellent, being ap- parently a perfect dome. Consider- peny, has also recommended a test by that concern which, however, will wait the result of the Midwest Com- pany’s well. The structure is south- jeast of the town of Newcastle and is Wind River Refining .14 3 e able expense was incurred in build- reported to be much more regula Williams, E. T. --- 1.60 ith 43¢@) <=s— ing a road to the field, but now that than that of the Mule Creek field, Western See 53 15) A { Victory Loan this is done, drilling will be carried) whith is developing into a good pro- on rapidy. ducing area from shallow wells. : WXOMING CRUDE OIL MARKET This same concern is also drilling fe Warm Springs ee Bie Basing 1.86 at King dome on the Cottonwood- Gasoline from Gas Salt Creek -- a oOGrass Cree Grass Creek divide. They are down Thegnatural gas produced in the Big Muddy SS ee something under 1,300 feet, having) Lanco Creek field will be converted Pilot Butte --.... - 1.50 HOUSE TAKES UP OIL BILL OCT. 3 Postponement Taken During Ab- sence of Public Lands Com- mittee Chairman Lander - MONETA REGION 5 TESTED OUT Ohio and Midwest Have Important Wildcats Drilling Near Dutton Basin into gasoline in the ebsorption plant which is in course of construction by the Ohio Oi1 Company and which will be completed about January 1. Only one unit, capable of treating 10,000,- 000 cubic feet per day, will be built at present, but other units will be installed es rapidly as the machinery can be assembled. Present produc- tion of the gas wells of the field is estimated at a total of 90,000,000 cubic feet per day, of which a large made slow progress because this be- ing the first well there it was uncer- tain what structure might be encoun- tered. than a mile from where the is working at King come the Morrell company is drill- ing on promising ground. This out- fit has only recently started ond they have the hole down in the neighbor- hood of 200 feet at the present time. Crescent at Red Rose The Crescent Oil Company has started the bit going on its holdings’ tions at the rate of $10 per rig for at Red Rose dome. This structure) each day’s supply. tackled last year by another! ncern with an inadepuate rig, but Montana Land Leased : The ¢ House public lands con wal The ncw territory south of Mo- owing to the hardness of the forma-| ‘The United ‘Oil Company of Wyo- not meet until October 3 to take up| "eta on the Northwestern railroad tion the hole was abandoned at less! ming has leased 3,120 acres of land the various briefs submitted and) "4 close to the Dutton basin is be- than 300 feet. The Crescent well) near Werren, a town in Carbon coun- amendments suggested to the Smoot | Mine quite active since the Ohio will be sunk about three-quarters of|ty, Montana, which is about eight oil leasing bill. The meetir | ste rted operations there some tim? a mile from that spot. The manage-| miles northeast of the Elk Basin! originally schedued for Sept. ago. The Ohio now has a well drill- ment of the company expects to/field. The Black Butte Oil Com- owing to the absence of Repr ing, and the Midw Carter” and strike oil in the Amsden sands at. pany also is prospecting in this sec-| tive Scott Ferris, who is at his home| ther firms, besides a host of indi- about, 900 feet, but is prepared to'pion about two miles to the north, in Okahoma, postponement until his|Yiduals, are validating lands as near ‘go down to the Madison limestone if while seven miles’ southeast the Lit- return was agreed to. jas possible to the test. mecessary. has been| This new operation is located on The United Oil Company will go The House committee swamped by the flood of amendments suggested to members by their con- stituents from New York to Califor- nia, and from Ma to Texas. Viewing the stack of amendments, one can hardly realize that this same ion has been pending for the One would lexi past eight or ten years. imagine that all important amend- ments would have been submitted long before this—but it would be unsafe to characterize any of these now offered 2s unimportant. They are important, it may be said, but mr ority of them are of interest only to a few. The danger in these amendments is not so much in what they propose as in what their introduction is likely to bring about. For instance, the lies about 30 miles south of Monete INDUSTRIES TO FOLLOW GAS IN the waters of Muskrat operetors are Muskrat dome from that stream. creek and the eferring to it as the It down 3,800 feet on the first hole, it is said by company officials. Oil and gas seepages are said to be frequent | in this region. in Fremont County, and just north of the Sweetwater range and the BASIN COUNTRY | Oil Showings at Ilo Ridge river of the same} name. To the eS The Midwest Refining Company, south of the valley of the Sweet- ASE pcs which is drilling on on land leased BASIN, pt. Ee ‘| by the Io Ridge Oil company north- Durham, of Sisterville, W. Va., one | west of the Grass Creek field on Fri- of the officers of the Wyoming Gas) gay dicsovered an oil sand at 826 Co., visited Busin this week inspect-| feet, which appears to be good for ing the progress being made in lay-| shout ten barrels a day, and which ing the DEW, line from Hidden is regerded as of great importance dome. While he stated thatl+, the development of the prospect- with a daily capacity of 75 million| ive field. Officers of the company cuble: feet ot, gas Were Was No Teas teneva mhatathia sfinevahowligtindl: son why the tavo towns of Basin ‘and i Greybull should not secure a number| C#tes that the structure water and the old Oregon trail lies the Red D rt country, where nu- merous tests are now under way, but re can be no connection between two districts as the § country lies in reat granite and chist uplift that extends like a great packbone across central Wyoming. This great uplift has been mistak- en by the tyro in geology for an oil the is clos: i, h structure and some few wells have P : rer? sands ; becn drilled at points’ upon it, be-|of manufacturing industries to ‘lo-)@M@uthet ita lower sands to wh “ause of this. The old well on what|cate here. He urged that the com-| he Midwest company and the Pro- mer State land board ask n of the roya < nj ate elect to take it 45 per cent in instead .of cash. | Nobody would to this, of course, but the > is that if this section to this ver) just amendment it is likely to ope up the ent ubject of the State’s share. Membe r ted in so curing for the State fair portior of the revenue from the leasing bili ler than mos worked hard— ple in ne—to get the 45 per cent provision; that now passed mus- ter in both Houses and will be sure to remain in the bill when enacted if the controve is not reopened by proposing to amend the section. Fur ther, with both sides agreeing to the matter of royalty is not made} subject of conference action, anc therefore cannot be disturbed. If the two houses were not in r on the matter, it could proj made the subject of conference and in the adjustment the Stztes might suffer a reduction of the per- centage now made certain to them. Once the law is enacted, it weuld be an e matter to amend the section to provide for the payment of roy- alties in oil if de A prolific source of amendment is the finding by somebody of a tract of oil land the stat of which is so hazy #s to make operation on it un der the leasing bill somewhat doubt ful. There are forty amendments of this. nature propo each having the purpose of making certain the flatus of a particular tract or vali dating the acts of a particuler com pany on one tract Friends of the bill will, so far as possible, endeavor to perfect its weak places where it may be done with- out endangering other relatively more important provisions, but after carefully feeling out the member- GEOLOGICAL WORK Maps and Blue Prints, Surveying Crude Oil Testing a Specialty Wyoming Map and Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, Wyo. le bodies of the two towns co- pucerp. £ renee sorporetion: are is company in getting! drilling will prove to be oil-bearing {The Producers & Refiners well, which {is now at 700 feet, found no oil in is called the Al ample. The Muskrat structure lies close ito the wells of Castle Garden and the Wyoming Big Horn Oil Co. and it may turn out that these wells are located on an offshoot of the, 1 structure. For some years the bilities of a strike have b <nown to the geologists, but the ex- act location of the dome was va dome is a good op such —_ DRILLER MARRIED (Specia to The Tribune) BASIN, Wyo., Sept. 30. ward Ewart and M Ruby M. Nicholson of Burlington were married here last jevening. The groom is head driller on the Burlington deep test well end | the bride the daughter of Mr. and} seure because of the overlying Mrs. George Nicholson, one of the tiary formations deposited in the) oldest families in the Greybull val- after the strucutre had been Jey, ¥ d end much erosion had taken — the ob- ter- | ages form place. 2 | MARRIAGE LICENSE | sag (ARIA CE ESCENSE NatronaFuel Co. jed a mar e license yeste Phone 949 J. L. BIEDERMANN, Prop " GEBO COAL Rufina Gutic z and Matilda soth of Casper. They are Mexicans. ship if a fight seems probable as 2 » of comparatively unimpors co! Oo nendments, they will not be Sg ae 157 S. woee sd. Far easier to later attempt Street Jo amend the law than to run the risk of again defeating the bill by % Gem. Office 5th and Beech {unduly pressing amendments that do Streets | not go to th “The Insur 111 East Second | CAMPS for HUNTERS For rates and further information inquire at Tribune Office. FLOYD J. STALNAKER, Dubois, Wyo. N MT 20c AT THE CHILI KING LUNCH N Grand Central Block. All kinds of Sandwiches at % popular prices. Quick servic, highest quality. SILI LILI LID LILI LI MO IL GL DM Oa 4, N Inc « ” ' - $$ ——a———— | t Casper’s Pioneer. Brokers WwrEST BOWL OF CHILLIN SOA N Specializing in Daily ee quotations from New York, Denvét ns an 5 N) xs A 156 N. Wolcott New Wells Started at Hamilton! Producers Cap Bis Ganca: Wol- field for the Troy Oil & Gas Com-| | part is being used in drilling opera-| | tle Frannie, Oil. Company is working.|\company expects to reach o' RR 2 ANNOUNCEMENT Dr. G. M. ANDERSON Offices: Rooms 11 and 12 Townsend Building—Phone 65 Residence Phone 396-M iNT “ABSOLUTE PROTECTION” BELL-KEMP CO. Lester Brokerage House NEW YORK OIL & ‘EMERY SPUDS IN |(/ST OF NEW OIL AND. WELL AT FERRIS; | ye jpyere W STATE IS DOUGLAS CO. | a‘: = Anna B.. Haggard, Cheyenne, (Special to Th. The Emery Oil Company, ay Wyo.; all of 16-52-93. BASIN, Wyo., Sait posed of Douglas men, has spudde Geo. N. Seymour, Elging Neb,; erable excitement | \in for its well on Section 8 of the Ferris dome, about 30 miles north of Rawlins, a field that is consid- the NW quarter, N half.NE quar- ter, N half SW quarter, SW qearter SE quartet of 17-41-66, and the NW vanite ore in ‘ered as one of the most ‘promising I A numb < = 2 quarter W half NE quarter of 20-)@mployes and officials ,; 1. cee Geatins ey oo 41-66. werk epcured samples of (tt ™ ; Tl. Compan fan Fred H. Coad, Pine Bluffs; all of{Whieh have shown ic ad The Emery Oil Company is incor-| 16/376. }values in the assays, ia porated for $300,000. Its officers i: ‘are H. O. Emery, president; W. P. John Quirk, Pine Bluffs; 36-13-76. all of Schupbach, vice president; W. A. A 3 | Saul, treasurer; H. C. Saul, Rush : See Olson, Pine Bluffs; all of of 16-47-63. — ‘Rawzee, T. E. McNamara, W. P. et aean ye Aerie nat W. W. Cauffman, 1, Schupbach and U. S. Waugh, direct-| | ,Uance. Creek Syndicate, Manville}! 55.64, Be tak; alg ors. The head offices,of the com-}* OF SUrRe Oe. i | a+ Es pany_are at Douglas. yout Littlefield, Saratoga; all Cd Read The Tribune w unt Ads pee -18-85. Ads LINCOLN IDAHO BRINGS ; E. M. Chase, Cheyenne; all of 16-| i 27-80. f ~H | Sylvia S. Lee, Thermopolis; all of CZEMA | 16-43-92. To reduce the itc Plymouth Rock Oil Co., Cheyenne; all of 36-27-92. Bessemer Oil Co., Casper; all of 36-40-80. Haze J. Hutchison, Cheyenne; all IN WELL AT DRY PINEY) (Special to The Tribune) KEMMERER, Wyo., Sept. 29.— The Lincoln-Idaho Oil Company has brought in No. 2 well in the Dry | Piney field, 35 miles north of here, ‘on land leased from the Cretaceous} Blanks Reports Company. At a depth of 587 feet—! little more than half that of the dis-| Many Letters covery well—a sand which is be-\ Neat lieved to be good for several hun- dred barrels daily was tapped. Gush- ing intermittenty, the well has thrown a 10-inch stream of oil more than 100 feet into the air and a lake of crude has formed near the well. Plans for refining the product of the Dry Piney field in the field are being considered. Call us Phone 442-W. the horizon in which it was discov- ered in the Midwest operation. The Ilo Ridge Company is composed of a number of Denver business men, in- cluding Thomas Keely, T. F. Daly, Tyson Dines and W. D. Downs. Great Divide Adds Holdings 7 In a circular to the stockholders of the Great Divide Oil Company, George E. Toomey, its general man- ager, states that the company has just acquired acres in the Electra 5 field of Texas, which is underlaid by seven known sands and is believed to overlie the Burkburnett sand. Qil! is found at 640 to 980 feet in three! horizons and recently a 25-barrel | producers was completed at 350 feet} on acreage adjoining the Great Di- vide lease. A contract has _ been} made for the immediate drilling of | this tract on a 50-50 basis. grain in car lots. Cow Gulch Gets Showing The Cow Gulch well on Section 19- {86-63 in the Lance Creek field got a showing of oil at 4,040 feet. The sand at 4,170 feet, the first sand having al- ready been reached. —_—— Phone 63 or 97 Otto H. Krausse Brokerage Co. HENNING HOTEL Let us explain the merits of E. T. Williams to you. A stock that is paying a 16 per cent dividend. Market Quotations. Tel. 1155 function. They are not working. the owner or the world any good. decidedly unsafe. ! ing for the good of the whole commu — Consider this. We pay you for saving. ing, your money is never out of reach. you and easy to get when you need it. | Start with us today. One dollar will do it. lie Daily tel hie qui other marketa' tree mate Place the conveuient faci ance Men” sal to buy, sal | Phone 370 poual to buy, sal lor obtain the Information and quotations guén! Logal Qila, New York Stocks, get you the highest possiple price. Phone 1142 Ask for our Market Let Phone 1133 DA Lk ah a hake all al 411 Oil Exchange alae. MONDAY, SEPT. 29, 19 SYLMANITE ORE FOUN). INBATTLE GREEK Rey discovery of a ly the v |tle park gold claims | ties have filed on every , of ground in the distri: applications of— (¢ XK KS VAP +3086 Inexpensive Our Mimeograph Dept. Knows How CASPER BUSINESS COLLEGE, Inc. Smith- Attention Stockmen We have under contract several thousand tons of the best hay in the country, and can sup- ply you in car lots at, the very lowest prices. We can also supply you with all kinds of BEFORE PURCHASING, SEE US We Buy Hides, Pelts, Fury 1nd Wool. The Casper Storage Co. Casper, Wyo. Lazy Dollars Dollars merely safe are not performing their natural They are not doing Moreover, most hiding places thought to be safe are Not only thieves, but fire or other unforseen happenings may rob you of your wealth. Saving is Using Dollars saved are safer! And they are constantly work- nity. And while you 4 It is always ready for The Casper National Bank TAYLOR & CLAY, Inc. jotations New York, Denver, #04 rivate ld of our office at your tr markets and up to ‘he mi ished upon request Bonds and other iss Phone 203. Casper, Wyo.. Ground Floor, Oil Exchange Bids Dutton, Staley & Company Iustant service. List your stocks with us, W° ter asner, Tribune) has ity of the p, nilable ‘a OF. 4129 Markets ‘Tartar Bldg will Wreorist