Casper Daily Tribune Newspaper, October 11, 1919, Page 4

+ #hee mire PE bls ‘ . : 3 —ooIyIyy——>————xxzxz——— = TODAY'S MARKETS BY WIRE. | Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. ee TH OW = “The Westerners” » ‘super ‘play ia Soe ., Death had been caused Kansas, which has had ported a 1m ing ey ee 't is the tional ‘Refining “ eoni- pany’s La yin the Blbing pool f Butler ¢ Phe location is within defined timits “but its size “i mportant. It is ee ae’ wel struck in Kansas -since June, 1918, following the great gushers on the Snyart and Shumway. Other, opera- Western Exploration 3.95 ions in'the state were unimportant. of the ‘early west by Stewart Bdward faildter ~*~ ‘ Lepal: Stacks Wyo-Kans. sid v4 North Central Texas reported a White will’ be Asda stoay .and_to- C3 brought to the Shats oS i rs , * Wy-0-Tex. -----.-. 13 qeavy felting. off in the estimated Dr. Robt. L, .Lemons Aries to] morrow at the Lyric theal sentay? here today! and: fu- Bid New York Curb , the: decline being given | Fill Post to Which H. |" the scene’ of the Beton ig laid 1p | muadl ervteae teil he Bold there Maw American - sad Ope 1s 22,462 barrels at the close of the) le W: \the Back Hills at the time of the|day morning at 10 o!glogk, Sp far aay ear ated RI Midwest Refining ~.178.50 weak of is sedate a’ 282, erate kad I pened sia Church !famoys gold-rush. The. plot. is -ir ‘oi Spcertaces Des oe ats, Wibot Amalgam i igures are placed ai arrels. | :- Has ans fro} t6 lo ir. Wroot, peewee Ti dane A 2,000-barrel well in the Pleasant! . ore e ee ead atta rect ots wah | So apes Sate Doras oe Boston Ws suspense and thi Seene in Grove district, Eastland county, was/ — Glenrock Qil Dr. Robert L. Lemons’ of! Charles- Big Indian -~- the gambling hall with the gun pisy church at Linden and Beech streets, It is to be a brick structure and will | be built on the community style with a gymuasium and other rooms de- signed to fit the needs of community | church work. ; 1,000 barrels. The same firm also | found a 30,000,000-foot gas produ- zer, located on the next section to the east. The Mule Creek field is} | proving a good one tho the wells are not large. In the Rock River dis- | trict the Qhio’s well, which was re- vorted the previous week, at 600| | barrels, ig still holding close to that! | figure. In the Southern Belt the big | as: producer of the Kasoming is in- WYOMING CRUD E OIL MARKET Warm Springs --...._ Balt Creek __ Big Muddy _ Pilot Butte __. i he largest producer among.the com-!ton, Mol, has arrived in Casper to|is wonderfully well stai real in 9 0 id Burke Oil - Corus - 8 etions. ‘The others were of mod-| take permanent charge of the Eint|haemoleet ates en Buck Creek Okoruizes 175 2rate size, and some of them were Baptist church here at. Beech and! The characters of the professor, Morroe Black Tail Sinclair Gulf “B9.00 very small, as well as many dry holes. | Linden atreéts. He will have charge | half- breed and little girl are as if Columbine ~~ Salt Ck. Prod. Assn 2.25 The best new well in the Duke pool| of his ‘first services in_ his perma-|taken from real life and will gain Consolidated Rit West. State : 250 vas credited with 300 barrels. Lack-| nent office here next Sunday. Doc | the sympathy o: y audienc Cow Gulch _- Pr, a" ER ET CHRE 7:80 ing gushers the interest was mainly | Elkhorn -... oS erg. Com 7; 'n the location of the new produc- Jewell coll Liberty, Mo. He ha Gt. Neen Pet. M New yore Stock peenee ers. The Magnolia seems to have ieee maiatuber tof tke AR near Gates Oil ; Mexican Pet. ~ +00 262. found an extension to the Desdemona : : “ . Hutton Lake Texas Oi .00 | 5001, the gain being three and a half ee ee ee ee Ronniinend Niacin Jupiter -._-__ Sinclair Gil —~_ 2 niles to the west. The well is small, ; Kinney ___ U. S. Steel _...__ 111.15 111.65 | reported at only 650 barrels, and it |callege, Marble Hill, Mo., for seveyal i Oo ou Lance Ck. Royalty_ | Units ‘s important because of its distance fs Cl thes t Lusk Royalty ~----- Stanley Greene 50 15 from production. Stephens county's ie Poster qagmons is Stak eH at oO Lusk Pete. _-.._- Mosher ..... 600 | best completion started at 1,600 bar- Sudut to GMOER cee SEN OORT Ea Mountain & Gulf 200 Club . 350 ‘els. The interest about the Burk- The goal sir) $35,000 Aer Hess rae Mosher Oil Teapot 100 burnett district is in the completion auhareivad aireedy with a total “ot Northwest a Lil of the pipe lines being laid to the leery, $40,000 collected. Work is Outwert - = 100.02 | field. Several are under way and foulbe. started on the eee church Picardy * z Ist 4s 95.20 | 2xpect to be completed this year. Buildin: 3 B00n eee to Doctor Riverton Refining. - 2nd 4s 94,10 Wyoming operators are preparing Tetons ; Fe Rity. & Prod. Corp. Ist 443 95.40 | for a inter campaign instead oj : Sunset 2nd 44s - 94.76 | shutting down as in the past. Good ners tre fo ed ieuased e _ Tom Bell Ro 3rd 43 95.74 | results are reported from many of chitects. The new church will ge- Wind River R ins 94.99 | the fields. In the Lance Creek field jeupy. the ground by the pene Williams, E. T. Victory Loan __--______ 99.94 {| the Midwest got a well starting at y P i --$1.00 Elk Basin __ 1.60 Grass Creek - 1.50 Lusk 222... -- 1.50 Lander _._. MERRITT TOPAY GREAT GUSHERS DR. ROBT. L. LEMONS HRGT DIVIDEND AMONG STRIKES Pioneer in Big Muddy Field on Past Week Sees eeurteren of Dividend Basis after Three Two Mammoth Oil Wells of Years Operation Vast Importance While most of the oil fields report-| | ed only moderate producers complet-} ed during the past week, there were! two exceptions which were important, | says the weekly summary of the Ojl) City Derrick. A well starting at 20,- 000 barrels was struck in the Clai-} ‘borne field of North Louisiana, and re, one doing 4,400 barrels in the Elbing! ‘ pool of s. The ordinary run of, Trust company of ghanece of i dl reported from the oth-| on or before Oct. $ ns, with a fair sprinkling} The Merritt: Oil pecmaneietd uecord-| of good wells. in. North Central Tex-| ing to its officers, is producing 5,- The beginning of the month is 600 barrels of oil daily, the gross marked by an apparent increase’ in value of which is nearly $10,000 a completions as every division is busy day. This mukes its gross annual and the weather is favorable for field; earning capacity approximately $3,- Work. It is common at this season | 500,000 or about $4.50 a share uvon’ of the year for deyelopments to he the 778,115 shares outstanding. While! checked by lack of water, but there! no official announcement has been seems to be plenty of it at present | «\fter three years of operation, the! Merritt Oil corporation Friday de- clared an initial dividend of 25 cents a share for the present quarter, thus placing the ock on a ten per cent The diyidend is o stockholders of re Holders of stock ord of Oct. 15. requested to notify the New Yo uddress ereasing, and the pressure promises! t°F Lemons comes to Casper with a to give trouble to efforts to close it in, Pine Mountain dome is another field of promise, Much of this sec- tion has been withdrawn by the goy- ernment, but last week a strike mak- jing 100 to 200 barrels was made at ja shallow depth. East of the Mississippi the devel- opments were of the routine order, and nothing of importance was re-| ; ported, Each district has its usual quota of moderate wells, but none | important as to location or size. ae ed Hand-Stirrups—"See any fancy ridin’ whjle you was east?” asked Three-Finger Sam. “I sure did,” answered Cactus Joe. But everything's topsyturvy. Peo- ple in the cars have to hang on with! their wrists in straps.” ‘Jes’. think of tit, Uusin’ the stirrups for their hands instead of their feet!”"—Washington Star. long record of seryice in Missonn | churches. Probably the first pulpit he f ied was the one at' Jefferson City, Mo.| From there he went to St. Louis, Mo., | where he was pastor in one of the Baptist churches for four years. | From there Doctor Lemons went to Charleston, Mo., where he has been for the las. six years. Doctor Lemons is a graduate of the Rochester Theological institute, Rochester, New Yorks and Williant K INSTITUTE Eighteenth and Curtis DENVER, COLO. LIQUOR AND DRUG ADDICTIONS | cured by a scientific course of medi, | cation. The only place in Colorado where the Genuine Keeley Remedier are used. Cor. Sts | IF THE FLU RETURNS Have You Protected Your Family With LIFE max were eee , Mantes, Ci Cpe a ater eye Metropolitan Style—-Smart, INSURANCE ¥ork’s foremost: Mes cl ‘> SEE 3 Apectiog Fob ans approv: erns Win E. KING §] oxcaliymasidrcratinen State Manager pane, pothes an 4 jude deri MUTONL Une ment atthe xemark Phone 120-3 made, it is understood that the com- pany intends to pay extra dividends from time to time as earnings war- rant. At the present market of $25.25) a share the stock is on a four per| cent basis. The Merritt Oil corporation was or- ganized late in 1916 by Thomas A. Merri A. &. Humphreys, Carl H.| Pfor; mer and their associates, to- gether with interests closely identi fied with the Midwest Refining com- pany. In the new concern, which quired upwards of 6,500 acres in the Big Muddy field, the Midwest Re fining company had a large, but not the controlling interest.. Later this interest was increased thru pur chase of the stock of some the founders of the company to consider- ably more than 52 per cent. The properties of the company have been drilled only to the extent of 15 per cent, so that there is every reason ¢ to believe that its activities will con- tinue over a long period, especially us the productive sund is the long- ed Wall Creek series. The company is producing about 80 deep and 61 shallow wells and is steadily developing its acre- uge, by far the greater part of which is fully proved. The recent comple- tion of a well on the Parker Oil com- pany’s land, in the eastern end of the field, adds more than 1,000 acres to Merritt’s holdings. A test of the second Wall Creek sand, which is 1 from enormously productive in the Salt Creek field, is being made on the Merritt property, und in the event that it comes in as an oil sand the value of the property would be greut- ly increased. DRILLERS MAKE PROGRESS. ON WELL AT TORRINGTON The Centenyial sell? well néar Torring-| ton is progressing satisfactorily to. the managers with the well down 850) feet and the drilling in the Pierre! shzle. Two shifts daily will be op- erated until oi! is struck er until the hole has been’ drilled tov4,000 feet. Heal estete bus advanced from $10 to $12 per acre in the vicinjty of the new rig. GEOLOGISTS OIL EXPERTS Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Print Co, P.O. Box 325. Rm. 10, Lyric a a - that in all fields, except some portions | of Kentucky. North Texas had too! much rain which made the-roads bad for a short time, but it was more} welcome than a drouth and uffected | work less. The striking of a 20,000-barrel producer in the deep sand of the Clai- borne district, North Louisiana, | makes that development one of the} important fields of the United States. This is the fourth large producer in field—three in the deep sand and one in the shallow—and estab- lishes it us a factor in the future supply of-petroleum. The field is not | wt ail defined. There were failures! in the shallow formation, found at; ubout 1,400 feet, which, in the early} development, indicated a spotted ter- ritory, but when the Standard drilled | to the sand at 2,100 feet and struck} a well starting at 10,000 barrels sev- ‘Fal weeks ago, it opened up a wide area of prospective hunting ground, which has been added to by three oth-| er gushers. It is estimated that with} the completion of pipe lines to take the production, the output will be above 80,000 burrels from the pres- ent producers, The oil is of good quality. Oklahoma reported many comple-! tions but no lurge producers. Osage! district was particularly active, but} the wells were small and u fow were! dry. The largest produced in Okmul-! ce county was one starting at 500 barrels, and this county in the recent pust hus furnished many large pror ducers. Wildcat work is extensive over all the southern counties, and extending inte these in the casterp part of the state. CHICHEST & 2 Hae LANDS ‘The Basis of so many Grest Fortuneg. Buy.ngw on our Inver s400 Syndicate Plan. nvest $100 er more. You get your deed neatatate bo share with a pene of Live Tn- vestors t ep 2 whole- sale er f fur de | Continental: Land Co. |f- Californie Bldg... Denyer, Colo. and all pull togeth- e bie prefit Write GOLDEN — OPPORTUNITY CASPER 50,000 IN 1925 Casper’s future is assured. Knowing that Casper is rap- idly becoming a a large city and will soon be the metropolis of Wyoming, it is time for us to get busy if we want to be number- r ed among the ones that are taking advantage of these golden opportunities. We can all look back and see where we have made serious mistakes by not taking advantage of opportunities when they came, Are you going to be one of the many that will, five years from now, be brooding over the fact that you have made another serious mistake by not in- vesting a few dollars in business property in Casper? You certainly will be if you do not take advantage of this opportunity now. Casper is at present, short of living accommodations for at a thonsand families who are already here, and several thousand more ah eet be here if they could get housing accommodations. Oar plan is to give those that can save a few dollars per month, an equal Batic d with the large investor. lyst think what a few dollars pér month invested in modern: apartment hemittd in the City of Casper will grow to ina fey years. is You owe it to yourself and to those ¥ dipsedin upon you ta invest at least a ea! of what you make in something tha t-you sl depend upon being abso- ‘safe. Here is sneha that should interest those who would prefer a nice mod- ern apal me erence .to a ‘home ‘of their own, as income from Tet Jovem fp eng large apartment hoyse of tl, seventy-five to one hyndred apartments should pay the rent on such an apartment. Nal cep be obtained by paying ten par cent cash and five per cent per FOR FURTHER INFORMATION REGARDING THIS PROPOSITION The Wyoming Building and Apartment House Co. Phone 261-J SA a Ss ALTAR RIT OM RCRA BR A OE OR OO TER Daily duke New Y. Denver, Bi mm New York, Ver, Place the convenient fiecilities of our office at your dis posal fe bays sel lor obtain the best markets end up to the min- Information furnished Local ‘ila, New ‘York Starks, Liberty ‘oads tod gikay tease Phone 203. Casper, Wyo. ‘Ground Floor, Oi} Exchange Bldg. “ABSOLUTE PROTECTION” | BELL-KEMP CO. “The Insurance Men” 111 East Second ES Ye Phone 370 (Weaearnewenrs nee, S Lester Brokerage House s Ine. $3 . Special king. te fe a Con 25 ne om a Wow: York, Deny. rr wea ane: quote al th up, ml ‘