Casper Daily Tribune Newspaper, February 3, 1920, Page 4

~ FAN Ts EXEENGY Hg —==>=~ tose o WMS Fane ae : | Wind River Refuing ...... .06 The Dry Piney oil field, in Lineotnyinto the underlying Shale of the Hil- : ithe recover tools and del county, Wyo., is probably one of the|liard formation. ‘The drill passed thru Seen Be eae d Ve vat and delay! o¢ the Bik Basin Consolidated Pel highest oil fields in the world. It lies, thin layers of sandstone in the Hilliard : } Kaos » feet. leur: company; the weaned at the leum company ah east of the Wyoming range, on what/®#nd struck oi! in a sandstone that was Wy-O-Tex Ee m4 aq KeoHurst mp2 =a as age i Ot Be Beare annual meeting is known as La Barge Ridge, at an ele-|Teported to be 43 feet thick and to be vation of about 8,000 feet above sea;Underlain by at least 12 feet of black ipvel: : shale. Some geologists believe that this |HO:fon Wyoming = 118 36 7 RN: Riek | Oma Bieta 3 ; The oil wells are more than 60 miles| thick sandstone bed is not near the|S!& Indian ---->.---------- 43) 47 . pea by north of the coal-mining town of Kem-|80urce of the oil and that the ofl -has|2Urke Oil - 40 .43|Midwest Refining ------$160.00 $162.00 , ; ; merer, on the Union Pacific raitroad.| Migrated Upward thru reeks of | the pci hes Sige eee be ae 4 i Z Big Piney, a thriving village about 14| Frontier and ‘Hilliard. formations, of fa ae i fi tates ct miles northeast of the Dry Piney fied, | Crentaccous age, whose aguregate thick, {Columbine — - 51 .63/Glenrock Oil -.--4,-----= 3.50 3.75) | TRE United St ‘on 8 Gos is the nearest postoffice and the near-| ess is*4,400 to 5,800 feet. Some of the | Consolidated *Royaity star peeth poet se sate | 300, Te Be ae naera mee the King dome Basin company est large settlement. The main Kem-|Perators in the field believe that the|COW Gulch pair ees 1] beeen es 9:00." 9431 Tarr hermopoliac hae tate om ia snipteh Ck te ee einer tone merer-Big Piney road is fairly good|0ll comes from a’ sandstone about 600 Elkhorn -. | a0 .33| Okmulgee Pa en. 87 1.00, or dite. breatiet Br bye a over have the right to do so. The except for a distance of perhaps 10| feet below that in which the oil wax| Elk Basin Laegpapebeeds Foot cae Bae OBL thie: hearin et Kea eis ree ever five i Go’ ogarg iid ee tt miles. The drilling equipment and sup-|f0und in the well. Neither of these|Great Western Petroleum--— 16 | 18) Balt Creek Prod. Assn--— 63.00 63.50) 7° i tion before. spot) bs tft plies are hauled for long distances over | SUPPositions. appears to be necessary | Hutton Lake 02% | Weatern, Bite 0,8 te At 3.9040 acer iead have bee hae accreted Bg Nye the roads by motor trucks and wagons,|t© explain the presence of the oll in| Kinney Pia Lae, Caos Matic oe 35 | nis structure, the holdings lyin a bles TINE PEPPEOTED ||. Bad. preath... colorless | ive, pallor Freightage from Kemmerer costa $1.75 |the sandstone penetrated in the produc-| Jupiter 06) New York Stock Exenangs Stocks | 1.1. oth aeate ws sapped materials for a new} cheeks give a girl little chance for. “ 3 Steer coon ling’wells. Indeed, unless the naticline| Lance Creek Roy: E 35| Mexican Petroloum ---.-$193.00 $188.00 | {?_ ee een ee 2a Sees a a ‘cin Hngth on the Bur|man"=—Don't give “up, try Hollister's — _ This field was recwptiy visited by a,|Were faulted of contained a large num-|LUsk Royalty et = 199.00 189.00 | Tynited. States company. will egret “railroad Tear mnpes, S9Rth of Rocky Mountain fea end see Poy” POM: H. Finch, a geoion.et of the United|ber of =mall fissures it would seem |LUSk Petroleum 30 = 40.62 39.37) the firat test on the Hiawattie deme in| tt ee noe canon, in Wyoming, has|lar you get. Smith-Turner—Adv, . States geological survey, vepartment of| impossible for the oil! to migrate up- at pete ~ 104.68 | 102.50 sweetwater ‘county this year. rae Bing tO. ,fen TeDOrE That he. mew Se aha eure the interior, ‘who “examined it beiery| Ward fhru 86 great m thickness of rocke; 35 14 per cent “A from the Maverick Springs} Like Cascarsts, they work while, and obtained samples of the oll. It js}Qn the other hand, it is more likely Bod se eipxes bal Derricks Are Replaced Pieesioet “oousty Wal. connect) you sleep-—theke Tribune Wanteds, interesting to note that the Dry Piney | that the ofl may have originated in the 05 Derricks blown down’ by the recent ‘eh the ee tee eet Oil field has been develope” on an anti-| dark and black shales nearer its pres- $50 | Sh'6' ~- $98.22) gale in the Big Muddy field are being + cline that was mapped by thé Unitea|ent position and migrated into the ad- “15 jist 4's - 91.16) erected again as fast as possible and . States geological survey in 1907 and|Jacent sandstones of the Hilliard for- 35) 2nd 4's ~ 90.001 operations will be normal again this; that is described by A. R. Schultz inj ™ation rather than penetrated a great ALi ist 4%'s ~ 91.48 | week. the survey's bulletin 543, published in| thickness of impervious shale which, in -19 | 2nd 4%'s - 90.32 1914. this locality, aggregates more than 2,- 2.50 | 3rd 4%'s _ — 93.08 Dividene Zaid e “ The occurrence of oil in this part} 00 feet. Tom Bell Royalty -30,|4th AK's = 90.58! producers and dele! corporation i" is paying the rly install- | ment of dividend on ‘its a ferred stock also the first ieeteaty installment of dividend on its ‘common stock. The payment.of the first dividend dis- tribution Yo its common stockholders! marks an important milepost in the progress of one of the successful grow-! ing oil companies’ whose headquarters | are in Denver. Commencing | business} a little over two years ago, the com- piny’s asséts’and operations fave. pn- joyed a’ continued growth and expan- of Wyoming has been known for more Oil, of High Grade Gates chs 2.03 Victory Loan’. than half a century, as the oil springs} The oil of this field is of very high along the eas'sfront of Absaroka Ridge | ST@de and contains |S jeres percentage > north of Kemmerer were probably those | 0f sasoline and other light hydrocar- mention@l by F. W. Lander in a_re-| bons. Salt Creek -.. port published in 1859. Lander’s report| Tests show that the off has an un-|Big Muddy - contains the general statement that in| Usually high content of volatile constitu-| Pilot Butte - the mountains along the divide, in la-| ent etween 45 and 50 per cent of tiude 42 degrees north, there are “beds | Which of coal, ir ss 7 gasoline. Larger percent- k al, ire slate and a spring of ;#8¢S Of volatile matter were given oft culiar ‘al ofl which by chemical |@t temperatures of 125 to 200 degrees ss may be made suitable for lu-|C- than at any other temperature. Prac- bricating machinery.” tically 80 per cent of the sample was peculiar min, The report published by the Unitea| 8¢S0line and. kerosene, about 20 per WYOMING CRUD E OIL MARKET -$2.25 | Grass Creek -_---. -=---- 2.25}EIk Basin --... wanen= 2.25] Lusk --. ~ 2.25] Lander™ --. and Public Exchange PHONE 1147 OVER IRIS THEATER "WE BUY AND SELL WYOMING OIL STOCKS List your stocks with us, we can handle them on a re- mar low margin. Our commissions are but one percent proc States geological survey in 1914 sug- gested that drilling tests be made on this anticline, and systematic drilling has ‘since developed a smal! supply of oil. jcent of the original quantity -remain- ing undistilled at 300 degrees C. In the vacuum distillation 93.6 per cent was volatile matter and only 6.4 per cent. was probably lubricating: or sion, and the dividénd now: being paid is concrete evidence of success, In a recent letter of President Frank’. ‘Kis- tler, to the stockholders the: statement was made that the net earnings are at. the’ raté of $2,500,000 per annum. Wit! of amount involved. FOR INVESTMENT: We recommend the purchase of E: T. Williams ‘and Consolidated Royalty. ells fuel oil. Sand-filtered oils ly show 5 Only five an eee thus fur been high’ percentages , of yolatfie constitu: Substantial Gains Recorded Over Night i ne Local Trad frosts iba Ma ea arate FOR SPECULATION: We ages the purchase of ing Despite General Depression Caused, by : ents, ea 8. bel f 3 ; drilled in this ficld. At the time of |¢Mts: the heavier hydrocarbons being pees gird Se in @) “aaaitions) es Royalty & Producers, Casper Ranger, Doi mino, Outwest and Money Conditions in New York Mart’ the examination Uy Mr. Finch one of| filtered out, and this appears to be an these five was an ojl producer of un-|°'! Of that, type. ducing properties, repentay acquired, it Sunset. ‘ These stocks will make you some nice meney. ina é ‘ “6 Possible New isoaron of Oil is “the expectation: mangg: t certain capacity and two of th thers ah na ‘Dredubed’ gomil ean Ban-seaion: Ot me fact ‘hat the ‘produling wells eh N er . of ‘the company ‘that the earnings will short time. - cy ui 3 | counter ol in e ar ‘orma- ‘. . ‘ = et ‘be moré than doubled: - the wells are within an area having a ee erie ee aed of dackicolored In a stagnant market insofar as industrial and rail issues ublea? . WE WILL SELL SUBJECT: seas oe ratte, Th ReROR As ieee eaaaee shale, clay, and shaly sandstone,| Were concerned, due to the increasing belief that. contraction of N, R. 114 W. ‘The Cretaceous Oil com, |Suesests that lower sandstones of the loans may be expected for some time to come, Salt Creek oils fely nab 4he Lica Teae nk oe. ee may also contain oil. This se-| were climbing this morning to new high levels for the year with velopment company are the principal| TS Of beds extends about 2,000 feet) substantial gains apparent over Monday’s quotations, . Promise 2100 American at 2c 1000 Columbine at 58c 1000 Domina at 1514c DRY PINEY IPELINE AGITATED Interests are 7 Morte to secure a . tI | below the bottom of the’producing wells, /{, 6000 tton at 3c cheraters, a \Crstaepits Soineny be-| ana within that depth other oil-bearing| Of a favorable report on the oil land leasing measure, dead- os 4 ee Creek Units for $31.00 each Hi AL Paani te, ne rage Axcon? sands may’ be discovered in’ the anti-|locked for three, months, brot a large,leum ahd [Picardy, ‘were: (lively, thé howe A most of the land.~ The Piney| Sine. altho the quantity of oil. so far|number of buyers into the market 'to|former changing hands at § cents and Bes 1000; Lusk Petroleum at 32c 4 Rigas ied ist rr ae ern e, i Feport-! davelopéed is not particularly encour-|take advantage of the first favorable ed to contemplate drilling at the north} sing. news from this source since last ‘fall, end of the anticline. The bil, which is (strictly, a leasing | } —_—_—eo The first well that produced oil was} medsure’ eliminati N.provisions f arillea with a Leydecker rig. ‘The drill iPhoth puisight. purchase: wiDtaee ia aeae Aili ig@d pctbiwan dines we OS by 7} |for ‘the aévelopinent ‘of ‘ofl ‘and mineral new shale: wit thin} i ao a i. |redbur'ces “0f!'75;000,000 Ackéy: of land in layers of lightgray, rock from four ; 7. the west. inches to two feet thick.” The well is} a} "Practically Gi Sat, Oncol: laducs. were Se be, See eae teetele tees F @ “| favorably affected by the news and prob- yielded, by pumping, 22 barrels in a bly a i few hours aftdr the oil had stood” in Cee ene een eae Weer: the bil the well for se weeks. It is said 0 EL Je EER aren Co) eo eneee SLE that this well yielded a flow of t | ea raced ilt La | The first increase to ‘follow’ thé re: hat this well yielded a flow of gas a at a 900 feet and that the drill struck the Western States to Develop Mule]. Salt Creek Producers led the advance | cont 25-cent advanee’ in Pennsylvania oil sand about 100 fect lower. | ‘The Creek Properties for Re- on the New. ¥ork curb; selling as high | 144 thinois crude oils, camo this morn! better and the latter being bid up to 13 cents, 1000 Mike Henry at 7c 1000 Picardy at 1314c¢ 1500 Royalty & Producers at 41c 1000 Sunset at 1914c gs *, 1000 E. T. Williams at $1.86 ‘ fo ak 1000 Tom Bell at 35¢ 1000 j;Wyo-Tex at 16c¢ 1000 Wind River at 7c 500 Western Aeroplane at $10.00 WE WILL BUY SUBJECT: | 8000 Big Five at 254¢ 5000, Bessemer at 87¢ prevents short circuits., Call and" let” us, explain’ as°$55 during the morning training and gas is to have furnished the fuel} RF -cNS ing in Wyomirig with the advance of'10 ri used for drilling another well, Some| fining Company later receding a few points. s.j¢ents a barrel by the Ohio Oil eom Yellowstone Ave. 1000 Columbine at 55¢ water was encountered just Yelow he ‘ dita ioheGa an nai at 42 cents! pany for all Rock Creek erudes. This bub, dhe winecd . 10000 Out West at 434c sandstone in the upper part ef the well,| ‘Taking Over of: the Midwest’ Refining | With Zew offerings)at legs than 45 cents. |r aes Hock’ Greek ‘sell’ for $2.86 (per One: block: east |B. 5000: Hutton Lake at 234c¢ Consolidated Royalty was strong at -53 and little stock offered at any 1000 Consolidated Royalty at $1.50 but the easing was cariea to a depth | company holdings in the Mule Creel | ¢, bavrel.and mikes it’ sell et morte {than of Ol Filling Station of 600 feet, and the oil is said to stand |ficld- by thé Western States Oil and \Salt. Creek, Big Muddy, or Pilot Butte 4 within 150 feet of the top of the well.|Land company has been announced ree pat w a jerudes. ‘The price is Sireclive with the 3 1000: Royalty & Producers at 3844c well caved below the casing, but|from Denver. The tract includes’ 1,000 Ne haa Mir pae yold ‘up to '$1-19 onl opening of the market ‘this morning. PA Phone 907 1000 Western Plains at 134¢ examined it was being cleaned|acres i) the heurt of the Mule Creek yi | The Midwest*Retining company -an- Free Inspection as-|field, the present production being 500] 2-7, Willams was strong at\$1-8> | nounced no increase in any of its erude ing and again pumping the oil. to 600 sis daily. with light offerings. joils. There wag ffo present indication Pe Well No. % of the Lincoln-Idaho Oj] Th nsaction is part’of the plan of | + Minor issues, such as Outwest Petro. lof a coming increase. a & Development company, recently com-|the Western States company to become _ - pleted with a Star rig, is on the-east|the exploration side of the anticline. Before comple-|diary of the Midw tion it ylelded some water and a strong|ent the Weste flow of wet gas—that stfongly | oil produetion saturated with gasoline vi ipor. ‘The dry-| 1,000. barrels: dail ing gasoline vapor could be readily felt }~ Phe! Western Fes Stock: “which tie by holding the flow | tis sted on the NeW York cu for a few seco! 1 in} Denver at 92 cents"and highe which the gu struck Is 1 of | quoted at a bid price here of $1. ‘This angular quartz pebbles. The oil yield] js a general increase of about * js reported to be about the same ax that |The ask price here was as high as $1.25 of well No. 1 of this company, just de-| with some broker scribed. | Structure and Possibie Source of the) Ten per cent a 01 ies, except. Flou per Commerc: view to using a inch TAYLOR & CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotations from New York, Den- ver and other markets over our private wires. Place the convenient facilities of our office at your disposal to buy, sell or obtain the best markets and up- to-the-minute quotations. Information and quotaations furnished: upon re- quest on Local Oils, New York Stocks, Liberty Bonds and other issues. Private Wires to Casper, Lusk, Chian, Rawlins, Denver ny. At pres: s company daily mdintis#to’ ‘more thah it is estimated. ount en all Grocer- Sugar and Specials. 1 Co. 2-3-tf These wells have drilled on an|C anticline In which the coal-bearing beds of the Adaville formation of upper aceous 4 » the oldest rocks ¢x-} ds on the cast side of the} posed. The | fold dip from 25 degrees to 30 degrees | #., and those on the west side about) worth We O D TH north to q y " \T E A und conglomerate of the tion, which was deposited in the When the body begins to stiffen tiary period, much later in the and movement becomes painful it History, cov most rahe eave roeea is usually an indication that the r the w but have been rem kidneys are out of ‘order Keep these organs healthy by taking from a strip of land about half a mil “You Never See Aged Fat Beagle” rein system: by taking O11, OF Konbin: end apply- the the - sin direc! wide in which the Adayille rocks exposed. Altho tb Tertiary “ “the phystelan ta telling thano two patients, of eae “more or o4 upset Enet of ttc “nee prere vdegoultyr ein: ge that if th rt thet ight tt ib Oe ret ies “No, ion imei: ak vie 2 der a ey reduce eir weigl hey wi ecume pee: iy es ety! ‘oO biger rope that, bs. ater fe. 2igee 5 healthier, more contented—and longer lived. cata i rocks hud been folded—yet the dip | ‘ ae ne te" aratoat EN. the Tertlury beds both cast and west sine Seeueag lets lnperite: thé health in many =i the ‘ambition good se sense to < @ acct ulations ipoge tissur, ie mway. fropi the axis of the anticline in [CAPSULES] umplations of adipore, Usaue, packed erouk Suet “at of Mera ditates that they also have been folded| pp world's standard temedy for kidney, Slightly ince they were laid down. | liver, bladder aad uric acid troubles. <The material penetrated by the drill!’ Bamous since 1696, Take regularly and in this field und the fossil shells found | keep ons good health. In three sizes, all ur the most ni Fous, bela feet tla sto, epee Bins to middon HEART FAILURE. it» compe corpulent, you Aatly the strain von Four he heart, particularly when compell: sai | de Hee arse, oe unexpected activity. Y¥1 fe is ne south of tiie holes indicate that the Guarantwed as represen’ ‘our heart. Do wells were started in the lower part of for the game risk untimely iy death. ase any physician wi the Adaville formation and were drilled ‘bo imitation REDUCE WEIGHT HAPPILY? ‘Brokerag e » (Private ag ae J. Gibtig “All Local Oil Stocks: Bought and ‘Sold ‘ New York Curb Stocks Carried on Margin Fat people are often victims of a pbc. ‘Eollapne from heat or wunutroke. f accidents Is greater than amon, a uc + pt normal welgbt. “When fat, people + jens.) i from aimost any ailment: their risk death Is greater. And you want to li im Adiposity duils the mental as woll as the ES ask beet physiont Hrocesses. It impedes progress t= <PE ORL OLEL MEOH L LOIN eee ee PHON E D ward social, or professional. usiness arkiiny # : Deierend: guccecd. At ilecthe foe to eficloncys: wipe ae cae . Flat 6 Per Cent Interest Rate. * Atter metry and personal beauty, Informet tocks 4 Become slender! Do it by the hekt gelf-treativent ae Hon on All’ Cheerfully Given in the world. Pollok” the pleasant and inexpeneae A RUGOISTS’ 7 br BHATT Hf you prefer to obtain I Y, O1l of Korein from us, Father han et the drug: wis, end of Bamps to NY. (46 The Gentle Wa y Phone 1040-W KEITH LUMBER CO. For Prompt Deliveries of : BUILDING MATERIAL and COAL _ 4 COMPLETE STOCK ALW, WAYS ON sgt PIL IL IPI ISPD IN TOWN BOWL OF CH ee a UN ITI TTITSS. MI Bs