Casper Daily Tribune Newspaper, October 1, 1919, Page 4

Oe PS ERT PP PAGE FOUR TODAY'S MARKETS BY WIRE Furrished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Wyo-Kans 1.70 1.90 Tsenls Stocks - Wyo-Tex »__ Ree © 319 Bi Amalgamated Rity. 1.00 New York Ont Closed American 02 7 1 oo Midwest Refg ..---175.00 176.00 Midwest com, —-.--. 1.75 2.00 Midwest Preferred --- 2.00 3.00 Merritt. --__- 24.00 : Glenrock Oil ~ 4.75 Burke ee Cosden —_.- 11.62 Ase Gite Okmulgee P 3.00 ane et Sinclair Oil _ 59.00 Columbine 54.75 Salt Creek Pro We S Cons. Royalty Cow Gulch Refiners _.- Elkhorn: ----..- Gt. West. Pete - New York Stock Gates Oil ~.-- - rete --— 5 Hutton Lake - as Olle 00 Jupiter Sinel ---- 50.50 59.00 Kinney U. S. Steel _- 107.50 106.60 Lance Ck Roy. . Units Lusk Royalty = Stanley Greene --.-- 50 15 ae Eee | Mosher --- 500 600 Eee 200 Club 300 350 Northwest Teapot --- - 90 100 Outwest Liberty Bonds dy Western Ex - WYOMING CRUDE OIL MARKET --$1.00 Elk Basin ~~~ - 1.50Grass Creek - 1.50 Lusk - --- 1.60 Lander - Warm Springs - Salt Creek — Big Muddy Pilot Butte | |Cow Gulch property. No drilling has De Casper Dallp SOLDIER SUES:FOR DEED TO ROT WHICH HE CLAIMS TO RAVE PURCHASED HERE: NEW FIELD MAY BE OPENED SOON Black Tail Showings on Cow Gulch Dome Are Hailed wy To spend his hard-earned army sal-| Significant ary while fighting in the American| army in France and then to find that| the lot which he thot had purchased did not belong to him, is the allgged| hard luck experience of Louis Marka-! kis of Casper and Riverton. He has filed suit against the Butler corpora- Oil showings secured by the Black Tail company on the Cow Gulch dome about 14 miles east of the center of the Lance Creek field give promise of bringing in an entirely new field in the near future. The sand in! tion from which company he says he} which the oil was found was en- purchased the lot, asking $5,850 dam-! countered at 1200 feet. The ob- ages. jective sand is believed by the com- Markakis purchased the Jot in part pany’s geologist, Louis S. Noble, to before he entered the army in April,| lie about 600 feet deeper and the! 1917, to do his bit in France, he hole will be continued to that depth.! claims. He completed payments while | The entire structure is under lease) serving two and a half years in the to the Black Tail company which has! American army, according to the pe- been drilling since early summer. The! tition. He fought with the Fourth! oil is a heavy black oil but with the) ammunition train in the Argonne comparatively shallow depth at which| struggle and at St. Mihiel. it is expected to be found in quanti. When he returned to Casper, Mar- ty, it should prove remunerative to\kakis found that the same lot had the company which has ample cash re-| been sold by this company, the peti- sources to continue developments. | tion sets forth, and a deed to his lot The Black Tail company was or-| was refused by the company. Marka- ganized by men who are connected| kis is a resident of Riverton and | with the affairs of the Tom Bell Roy-| enlisted from that city. alty company and the Buck Creek Oil a era company. The stock was sold at 40) | cents several months ago, the under-| TEMPERATURE VARIES standing being that the company had! - | a number of scattering leases in the! HW DEGREES IN MONTH | { (SSS | Lance Creek field as well as in the The weather report for the*month | | of September as compiled by George | News of the discovery caused a G: MeKenzi shows the maximum tem- great deal of excitement in Lusk and Peragare at the month w degrees Manville and operators in that sec-| 0” September 1 while the minimum | tion began a stampede to the new oil| ¥88 on the 22. The total precipi- been done on the leases that the com- pany is interested in the Lance Creek} district and their value is still prob- lematical. tatign for the month was 91 hun-| | gatherings which will bring a large FUEL OIL PRICE GOING UP, CLAIM Demand Will Grow with Coal Short-| age and Marine Demand Is Big Factor Fuel oil prices are described a being a shade stronger, says the Oi Trade Journal for October. It anticipated that the demand will be greater this winter than ever before as industries find it difficult to ¢ coal, Marine demand is growing and is becoming a real factor. It is pointed out that while the \movement of Mexican oil into this country is now at its largest, this | oil is being satisfactorily absorbed and there is little indication that! tanker facilities can be greatly in-j cregsed in the near future. On the other hand, the growing call for fuel} oil in foreign countries is beginning! to result in attractive price offers for! is | M n oil at foreign points, and} th expected to result in many | Mexican tankers leaving the coast- wise trade with the United States for this new business. This will op- | erate to reduce the amount of Mex-! ican oil entering this country, - pecially when it is considered that a tanker thus withdrawn could have made three or four trips to the! United States while making one to distant foreign ports. Countries other than Eur suffering from a coal shor . actively in the market for Furthermore, oil burning ship: oil. are now plying all over the wor instead of confining their prations between this country and the large oil companie tablishing bunkering stations ev where. It is pointed out that w foreign countries in more active com-! petition for Mexican oil, prices at U. S. ports should advance. Gasoline — pr remained changed during September. there are reported to be fair un-! While y Jarge ted in stocks of the product accumu id the Mid-Continent field, the demand hes kept the marke: and with good weather during the fall it is expected that gasoline price will remain generally unchanged The scarcity of keroscne is becom- ing more pronounced. Refiners re- port that. the demand during the sum- mer was unprecedented, due to the ‘broadening use of the product, and that stuck for the winter have been cut down considerably. It is apper- that by next summer, with the increased use of tractors and other internal combustion engines burning kerosene, the usual scasonal differ-) ences in the kerosene market will be! wiped out. Higher prices are antici- pated this wint — NOTARIES COMMISSIONED CHEYENNE, Wyo., Oct 1. Governor Carey has commissioned the following no es public Geo. D. McDon Glenroc {. Allen, Lander; W. i Dale, Sheridan; .M. Scoggun,Cheyenne G. Ackerman, nGer q Johngon,* Tor- ringten; Caroline Bailey, Casper; J. Sa Dubvis, and G. W. Younz, Cheyenne > The first notable strike in’ the American iron und steel industry oc earred in Pittsburgh in 1850, when the workers er ed in the mills in that ¢ ntiy went on strike be: action in w > of Lodge Pole, MARKET GOSSIP AND FIELD NEWS Producers’ Earnings Grow. Net earnings of the Producers & Refiners corporation for August af- ter all charges and deductions were $201,000 o of about $2,- 500,000 a y according to a report submitted to Frank E. ler by the | treasurer of the company on Tuesday rnings for September are expect-! ed to be considerably in excess of the August returns. ne company is running its Black- nd West Tulsa refineries at full! city and has more crude than sated in these plants. Thi peing sold to other refiner Production is increasing rapidly from | the leases in the Beggs and Youngs-| town pools in Oklahoma and aa still] further increase is expected from its | leases in northern Louisiana. | Oil Road to Be Surfaced. | Resurfacing of the road from Ca:- per to Glenrock as announced in plans of the state highway department, will be of material benefit to the opera- tors in the Big Muddy field. The state proposes to apply gravel to this entire stretch of ‘the Yeilowstone highway, and will also gravel the} irst four miles west out of Doug- las. well Midwest Refining Gains. With the exception of Midwest Re- fining, which moved up from $172.50 to $ oils were generally weaker on the New York curb this morning. on-Wyoming lost a point and a y of the others showed lit- rly trading, a sig- view of the steel nee during it move tion, .. Automobile Factories May Close. . Suspension of operations in the great plants of the automobile com- panies of Detroit is predicted by the New York Times today in the event the steel situation is not relieved shortly he manufacturers, it is running short of sup- and will face e crisis within a comparatively short tin TWO NEW OL COMPANIES ARE CHARTERED IN WYO, (Special to the Tribune) CHEYENNE, Wyo., October 1. Two petroleum companies with combined capitalization of half a tillion dollars filed articles of in-| corporation in the office of the Wyo-| | | ming y of state Tuesday.| They are: | Red Lake Oil & Land Company, capital stock $250,000, divided into tres of the per value of $1.00 » headquurters at Cheyenne, op- » be conducted in Carbon Isewher Directors for the first year are B J. 'W. Rodgers and Morchead, all) R. F. McGrale| and H. C. Cas-| of Chappell, Neb., tlen of Denver. | i Petroleum Co., capital stock $250,000, divided into shares of the} pur value of $1.00 cach, “heudquirt- ers et Thermopolis, ope i i Mot Springs County and directors for the first year V Ric » Ray Phebus and L. D. AL ender, _ The first great entire ecl bridge in the ld was built by Gen. Wil- liam Smith acr the Missouri river ul Glasecow, Missouri ne | accompani: | tion, of Labor will addre: territory. Stock of the company which! has been stagnant for some time be. came very active on Tuesday and readily sold at higher prices. ew CHORAL SOCIETY HOLDS HAST MEET THURSDAY, The first meeting of the Casper, Choral society for this season will be held tomorrow evening at 8:15 in the First Presbyterian church 7 Dela- ware street. The society will be un- der the direction of Professor Rudolph Lundberg and Mrs. Thomas will be t. Every singer in Cas- per is cordially invited to attend this meeting and become a member of the society, —— LABOR NEWS H. H, Long of American Federa the Union Label league tonight at 7:30 at the Trades Assembly hall, All members are requested to attend. Important business, BESSIE McKINNEY Secret ns In Tibet one son at least of every family must join the church, partly for spiritual motives, partly to gain the temporal protection of the mon-! asteries, the most powerful factor in the country, NIG Se C& COR BLACK CAPSULES of active grown-ups, by not for ° No other Floor Varnish wears like this— It’s the varnish that holds its own under the wear and tear of romping children and the heavy tread DURABLE FLOOR VARNISH has the quality that makes it ‘‘make good.’ Yt covers in a smooth, even coat; dries hard and fit, and never gets ‘‘sticky.”” VARNISH gives a surface of rare brilliancy und depth of beauty, which is not affected whether hot or cold. Dunanin Froor Varnisn can’t be beaten for fluor wear, because it’s made just for that. purpose. varnish and varnishing, Holmes: Hardware Co. | dreths inches. The greatest precipi-| on the 28. Five days of the month! showed rainfall over .01 of an inch.! There were 21 clear days in the month, four partly cloudy and five cloudy. — H Mrs. T. C . Hollin orth and daughters, the Misses Vera, Venus and} ‘Abby, left yesterday for their old} home in Des Moin lowa, where! they will be with friends for some} time. Casper Loan Office Will Save You Money Trunks, Hand Bags Guns and Ammunition SPECIAL We Will Save You 25 Per Cent on Pants, Shoes and Clothing Blue Serge Suits at $27.50 You have heen paying $35.00 for them Men’s Heavy Elk Hide Work Shoes at $3.50 Don’t foret the Number Casper Loan Office Licensed and Bonded 133 S. Center Dvuxasie Foor Moisture and water It is easily marred or scarred. Ask complete information about Phone 601 ATS Pribune PRESBYTERIAN YNOD TO MEET Prominent Church People of State, Coming for Gathering Oc- tober 14 to 16 On October 14, 15 and 16, the, Casper Presbyterian church will have} the honor of entertaining the Synod! of Wyoming and the Woman’s Syno- dical Missionary society of the Pres- byterian churches in Wyoming, two} number of prominent church people to this city from all parts of the state. | The program, which will be ready} for publication within a few days,/ will be of unusual interest, Dr. Wal- ter H. Bradley stated today, as prom-| inent men of the church from some of the large cities in the east have| been secured as speakers. | The Synod will discuss matters of a business nature connected with church administration, and the Syno- lots in | dicat Missionary ‘society will’ outline , the mi MIU ee Tomorrow They Should Start to Break Ground for a New Refinery in Casper Have You Thought Where the Most Logical Spot for It to be? “4 It is not logical that it would be on the west side of the city, as we have two. It could not be on the South Side, on account of the river water. It could be on the east side of the city and it should. No one would ever regret buying Present Price $200; $25 Down; $1 ran CALL AT THE OFFICE. AUTO WAITS TO TAKE YOU OUT. Physician Nuxated bee eesee Mee J ol Nervous,Run-Down Women. ‘Ask the first hundred strong, ° ss . healthy people you meet to-wliat‘they> - ‘ I owe their strength and see how. many 4 » “Nuxated Iron.” Dr. James Francis Rt a former cial of Bellevue Hospital (Qutdoor Dept.), New York, anc ee paige chester County Hospital, says: “Thousands of le suffer from , ion deficiency but do not know what to take. efe is nothing like organic iron—Nuxated Iron, to enrich the blood, make be: , women, and strong, vigorous iron men. To make absolutely sure that mypatients get real Bk iron and not somie form of the metallic variety, I always prescribe Nuxated Ironin its original pack- ages. Naxated iron will increasethe strength and ceo! r mervous, run-down folks in two weeks’ time in many instances.’ ‘Nore: obtained frem oa ‘ce abeolune wank CG LOTHING prices are necessarily climbing this fall, and no man wants to buy two-coats when he can secure full service from one. Air-in, the coat of double use, will solve the coat problem for you this fall: Air-in in fair weather is a smart topcoat of finest fabric. When wet weather comes, : Air-in affords complete profection from the elements, kecping you dry and comfortable in the hardest rain. We have termed Air-in “the coat with lungs’’ because there is a special arrange- ment in the back which permits a continual circulation of air. This ventilates the coat, and eliminates that uncomfortable; unhealthy stuffi- ness found in ordinary raincoats. Every Air-in coat actually breathes as you walk. } At the best dealers everywhere KLING BROS, & CO., Inc., CHICAGO Makers of Klingmade Clothing Specialties _includin Klingmade Leather and Leatherette Coats ee