Casper Daily Tribune Newspaper, February 5, 1920, Page 4

j 5 Ore - URAME PLANT STARTS JUNE 18 Tank Cars Will Supply Production until Pipeline Carrier Is Completed Special to The Tribune.) LARAMIE, Wyo. Feb. That the first unit of the 5,000-barrel refinery which is to be built here by the Midwest company to handie tiip product of the Rock Creek field will be in operation about June 15, is a statement of an official connected with the construction work. The refinery will not be com. pleted until long after the date men- tioned, but actual refining will begin at that time, according to present plans, It is not anticipated that by that date the pipe’line from the field to the re: finery will be completed, but the earlier production will be handled in tank cars, Th Illinois Pipe Line company will be- gin laying the line as soon as frost is out of the ground. Meanwhile several storage tanks will have been completed and the crude hauled in tank cars wil] be collected in these. Material for the secondary refinery, which the Standard Oil company is to build here, to handle crude from which gasoline has been ex- tracted by the Midwest ‘plant, is begin- ning to arrive qn the ground ———————_—_ MARKET GOSSIP AND FIELO NEWS Producers & Refiners Complete Well in Beggs Field Good for 300 Barrels Producers and Refiners No. 1 well on the Isperhecker lease, Beggs field, Oklahoma, came in on Monday ‘for 300 barreis, with the drill only a few feet in the sand, according to a telegram received at the company's Denver office. It is expected that this production will be Jargely increased when the well is completed. The oil was found at 2,300 fect. The Isperhecker lease is in a_here- tofore undeveloped portion of the Beggs. district. ‘The well logs with the wells in the Dicey McIntosh leave, and its drillers believe that the well means the discovery of a new and rich Beggs oil Producers and Refiners own the lease in ‘ts entirety. Hugo Test to Go Deeper. Drilling will be resumed in about ten days on the test well of the Lincoln County Development ‘company, ‘south. east Hugo, Colorado, which” has reached a depth of 2,520 feet. “Work has been delayed awaiting the arrival of cas- ing. It is estimated that the well has only 125 feet to go to reach pay safid, The Universal Oil, company is under contract to complete the ‘well. Voting Trust Is Created. The Boston-Wyoming Oil: company has created a voting trust with Theo dore G. Smith, president of the Inter- national Trust company of Denver and James .C. Burger, president of the Hamilton National bank, as trustees. The purpose of the vating trust which will continue for five years, is to pre- serve the present management in charge of the property. There are about 3,750,000 shares of Boston-Wyoming stock in the hands of the public out of a total of 6,000,600 shares authorized. Control thru stock ownership is held by the Midwest Oil company, which in turn Is controlled by | the Salt Creek Producers association, All shareholders of the company have} becn invited to deposit their stock and | accept in exchange: for it voting trust certifica which Will be traded in on all markets exactly as stoc Much more now are. tha of the outstanding stock has Leen <« posited with the agent of the voting} trustees, the International Trust com pany. Any of the treasury stock to. be sold later will be issued in the form of voting trust certiticat oo WOUNDED SERVICE MEN PLACED IN POSITIONS; MORE JOBS ARE NEEDED Return to civilian life of former ser: vice men after recovering from wounds makes it necessary. fér ‘many of them in Caspér and other towns in the state to seek positions wher avy physical exertion is not necessary because of long stays in army hospitals, This situ ation is slowly being met with increas- ing success thru the efforts of the em- ployment bureau of the state Amerivan Legion in charge of &. C. Calhoun, Mr. Calhoun today«urged the more thoro co-operation of business men and ail employers in listing any vacancy in jthely establishments. © Several exserv- ice men have applied for positions as bookkeepers because they desire jobs where Ufting and other heavy work is mot required. They say they are not able to stand up under the strain at the present time on account of their recent discharge from hospitals. Headquarters of the state employ- mnent bureau of the Legion is in the basement of the West Hotel building, where the state office of the American Legion in Wyoming is also located. ihe aia Sra bat Attention Old Maids —Confidentially, Hollister’s Rocky Mountain Tea, is your last hope for a sweet’ breath, checks, sparkling eyes. vi aut trying it. Snrith-Turner.--Adv. Burnett Optical Co. Skilled uptucians Ground Floor Henning 2 ee, | the agricultural and stoc rosy | Don't give up | Toduy s Markets by Wire : Furnished Daily by Taylor- & Clay, Ground Floor, Oi Exchange Building, Casper, Wyomi Local Of] Stocks Wind River Refining ..-.... .06 07 Bid ask | Willams, Be T.-2---22 1721.75 Amalgamated Royalty .b0 '¢ .69} Western Exploration -.-... 3.77 Atlas . 06.08 | Wyo-Kans ~ 1,15 American --_--_ -..-.---. 03 02 “14 - Bessemer —~..-. = Sf 35 Keo-Hurst ~..-. 12.15 12,26 -38 Boston ‘Wyoming Big Indian —-_. Open Close $151.00 $153.00 Lusk Petroleum Mountain & Gulr_. Mountain & Gulf _. Northwest ----.-..- Outwest .. Frantz Corp. Picardy —.. Fiverton 36.00 100.75 34.87 99.62 Rock River Salt Creek Big Muddy — Pilot Butte - Lusk ... Lander QaAGE PIPELINE ISTOGKS FAIL TO INGPERATION REGAIN. LOSSES Oi] Now Being Delivered to Refin- | Oils Unable to Hold Up against Se- ery; Field Extended West of , vere Slump on New York Newcastle _ Exchange Money conditions continued .to domi. nate discussion today in the New York stock market, which was still erratic and unstable following the panicky de- velopments of Wednesday when stocks suffered the sharpest declines in months. While temporary recoveries were ‘in evidence this morning, breaks contirtued | in practically all issues and ieading brokers (generally voiced the opinion that the end was not in sight. Any upward movement brot out heavy sales, further depressing conditions and |the downward trend had the assistance of |professional “shorts” who were pre- pared to take advantage of the slump. Oils suffered severe declines in sym- pathy with other issues, Midwest Re- fining’ $151 on the New York curb of noon, Salt Creek Producers was Weak around $49.50 and the list was generally lower, Local issues with few exceptions Jost practically. all their gains. of the past few days, , E.:T. Williams sold under $1.75, Consolidated | Royalty dropped back to $1.45, Columbine. Teil off bev- eral. points and” Boston-Wyothing was bid, at $1.10... All of these “issues ‘are strongly affected by the leasing bill and under ordinary conditions have recordejt eewcecnnne 2.25 eweeennee 2.25 (Special to The Tribune.) NEWCASTLE, Wyo., Feb. 5.—Oil from “the Osage field now ‘is, being de: livered at the Storage tanks. of the ro- finery which is being erected at Osage. The pipe line \from the refinery into the field has been completed for a dis- tance of three miles and is delivering oil from seven wells. The known area of the Osage oil field has been extended to a: point six miles west of Newcastle by the encountering ef oil at 490 feet in a well which the Osage Petroleum company iy sinking at Pedro station. ‘Five other rigs are being moved to eros Meas oi HOMESTEADERS UNCOVER COAL MINE IN EFFORTS TO DIG CELLAR, CLAIM {Special to ‘The | to The Trifune.) WEASTLY, Wyo., ‘Feb. 5.—The Wegher brothers, Plum Creek home sleaders, aré disgusted, with their luck. They started to dig a cellar for. their homestead shack and now instead of 2 collar haye a coal mine. They have abundant use for a cellar but little for a coal mine in that particular location, and the faet that in exeavating for a ecllar they uncovered a vein of hig |grade coal has upset their exiculations; Casses from decomposing coal made it jinadvisuble tg use the excavation for a {se and @ new cellar therefore must » dug elsewh Later the brothers may develop the coal mine, but just now they are more interested in developing raising poten: talities) of their land, The coal ure is believed to be an extension that on Which the coaicamp of Cam- | tion 48 governor of Marylind. In 1908 he was elécted to the United States senate to fill an unexpired term and since then he bas, been twice re-elect- ed. Z ——_—> Asbestos Chimney Blocks are the best insurance against defective flues. 2. “OUCH! ANOTHER RHEUMATIC TWING Get busy and relieve those pains with that handy bottle } Sloan's Lint Liniment TAT en com thorou: _ rubbing to the assailed part and promptly. relieves all’ manner of ‘ex- ternal pains and aches. molt Sod fe clean and : non-skin-staining. handy for sciatica, lumbago, Ry ay over-exerted muscles, if) ints, ati bruises, stains, sprains, weather after-effects. For 38 years Sloan's Liniment kas helped thousands the world over. You Tape "t be an gree Itis egy oo | ? ‘| In the Day’s News... | . l» | John Walter Smith, United States sen- ator from, Maryland and a prominent figure in the national councils of the | Democratic party, is in line for congrat-|. ulations today on the occasion of his Uth birth . ator Smith is a na- tive and 1 resident of Worgester county, on th eastern shore of Mary- land. After finishing his schooling. about the time of ther close of the civil he embasked in the lumber bus- and in the course of time he be- came one of the recognized leaders of finance and indugtry in his home state. Banking, manufacturing, the oyste mn- dustty and other lines of enterprise have engaged his attention, His‘ first rience in public life was © gained a member of the Maryland. senate. in 1899 he. was elected to congress, re- signing the following yesr to aecept Liniment Aieep it hands ‘The merit ans al adel is attested by: the! dgmand. The volume of demand ‘is evidenced by. the size of the works. t “And when the works, steadily i increasing. year after'year, attain immense proportions— THEN is. conclusively, demonstrated. the continued and absolute confidence of a vast army of users in, the excellence, worth and reliability, of ‘the goods. ; THAT is why we sell goods: of'a National Repittation throughout our store, such as ‘Keén Kutter Tools, Universal Products, Mirror Aluminum, etc. Holmes Hardware Co. ‘|road system, and will continue; to use ys Are Only Increased Travel (Special ‘to; the Tribune.) WASHINGTON, D. C., Feb. 5.— “Travel to Yellowstone park is increas- ing by leaps and bounds, and unless something is done in the way of per- manently improving the highways. they are in serious danger of going to pieces. The economy of paving these roads is a conclusion reached by th> officers of the National Park service.” The above statement was made in substance to Senator Warren by Frank- lin K. Lane, secretary of ee oraee sin answer to an inquiry the policy of the aeoariment ta in Pasig ywith the future road program in Fel | lowstone park. Former State Senator J. M. Schwoob, of Cody, Wyoming, had previously taken this matter under a+%- visement with Senator ‘Warrén, sug-j gesting the paving as the only practi cal solution. Senator Schwoob’s study of and answer to the question ‘were ‘warmly commended by Secretary Lane. Senator Warren has expressed him- self as being heartily in sympathy with the movement as outlined by Secretary Lane. Since the designation’ of Yei- Jowstone National park as such the senator has been constantly active in securing appropriations for the pari) Burke Oil Midwest Refining — Buck Creek Midwest Common ----..-. 1.87 2.00 Black Tail Midwest Preferred ..--. 1.50 2.50 Columbine Glenrock Oil - 8.37 3.62. Consolidated Royalty 5 | Merritt 18.75 19.25 Cosden _ 175 8.00. Okmulgee pees 87 1.00 Elk Basin ~---_.. 8.87 9.00 Salt Creek Prod. Assn. 49.00 50.00 Hutton Lake .. ‘Western States O. & L.. 15 1.00 Kinney Prod. & Ref., Com.-..... 8.25 8.37 Jupiter New York Excnangs Stocks Lance Creek Ro; Mexican Petroleum -.--.$181.00 $178.00 Lusk Royalty Texas Oi) 18125 177.75 his, influence to that end. Due’ to the vast expenditures’ and »extravagances he late war, however, thos> in} chaf¥e of the nation’s finances. have} been forced to make a{ rigid retrench- ment in future expenditures. The dire necessity for strict national economy } in’ all directions may arrest, temporari- \ly the paving program of the park.; The plan, however, is receiving witle- spread approval, and Wyominst. 1 feel optimistic that public paition headed.in the right direction, The secretary's letter on ject, reads in part as follows: “In October I approved an estimate for an appropriation of , $100,000 for beginning the paving of ‘the eae stone road system. . , . ‘We he- lieve that-with this appropriation we can pave ten milles of the s0-called loop, road system, first. . "This estimate the sub- ‘was submitted in the hope that ‘con- gress would take up this ‘paving enter- prise where it’ Was ‘dropped ‘at the be: gifining of the ‘war. You will remem: ber that an ‘appropriation of $20,000 was made in. 1917’to’ begin the pavinie of the/‘loop road 'isystem:- “War condi- tions made it impossivle to’expend this money ‘economically and f it was finally returned the treas- and. Public PHONE 1147 $* of amount involved. FOR INVESFMENT; ‘We Sunset. short time. 2100 1000. 1000 5000 4 1000 1000 1000 1500 1000 1000 1000 1000 1000 500 Columbine at Domina at151 Hutton at 3c 100 1000 r Prompt IO PPLLLLLLE La U Carnes Brokerage = ‘ ‘WE BUY: AND SELL WYOMING OIL STOCKS List your stocks with us, we can handle them ona ¥e- markably low margin. Our commissions aye but one percent, E. T,, Williams and Consolidated Royalty. FOR SPECULATION: We recommend the purchase of Royalty & Producers, Casper Ranger, Doming, Outwest and These stocks will make you some nice money. in a WE WILL SELL SUBJECT: American at Zc Lance Creek Units for $31.00 each Lusk Petroleum at 32¢ Mike Henry at 7c Picardy at 43\e Royalty & Producers at 41c Sunset at 1914c E. T, Williams at $1.86 Tom)Bell at 35c jWyo-Tex at 16c Wind:River at 7c Western Aeroplane at $10.00 WE WILL BUY SUBJECT: 3000 Big Five at 2%4¢ 5000 Bessemer at &7c Columbine at 55¢ Out West at 434¢ 5000 Hutton Lake at 244c 1000 Consolidated Roya 1000 Royalty & Producers at 384%c 1000 ‘Western Plains at 1%4c BUILDING MATERIAL ani C COAL COMPLETE STOCK ALWAYS ON HAND “In Bey 5,703 aiftedobuied registered at the. bye gates, in 1918, 4,734, and’ in:1919, 16,787. Besides these private automobiles’ hu of trips ‘were made over the park of the regular transportation line. In this connection.the Appropriation com mittee might well consider .the ‘fact #hat. private motorits «paid entrance fees aggregating $80,000 \.during the Season of 1919,: and the transportation company paid for its privilege approxi- mately $19,000. In a, few years, if the roads are properly improved, we may expect the revenue: from motorists to reach $200,000 to $300,000 which would a great deal more than pay the interest road.as well as upkeep of secondary highways and such improvements to | paving as may be needed.” REVENUE OFFICERS 70 SPEND MONTH IN CITY A branch office of the United States bureau ‘of internal reyenué will be ‘es- tablished this month in Casper to es- pecially care for the interests of tie big corporation’ in making returns’ on their excess profits. The office will be established in the courthouse from Feb- ruary 15 to Murch 15 by Leslie A. Mill- er, United States revenue collector from Cheyenne. The office will be open all day dur- ing the month from February 10 to March 15. Bad breath, ; colorless” lips, , sal! cheeks give a girl little chance for man"—Don't give up, try Hollister’ Rocky we Tea and)see how pop lar you’ get. Smith-Turner.—Ady. ‘large part CASPER PHARMACY, 110: Seana St by carts, on. the amount required; to pave the “The largest electric sign. in the world advertises mee on Times Square. New York City: it is 250 feet long, 70 feet high. Made up of 17.286 electric lamps. 5 The fountains play. the trade mark changes. read- ing alternately WRIGLEY’S SPEARMINT. DOUBLEMINT. and, JUICY FRUIT, and the Spearmen “do a turn.” This sign’ is seen nightly by about $00,000 eeopie from all over the world, Exchang -OVER IRIS oe recommend the purchase of © 58¢ | loc Thy: at $1.50 GAOL EE OAL OEM EERE GENERAL INSURANCE EE "Fidelity, Surety and.Contract Bond a Specialty ae GF: Bell Agency, oe TAYLOR & CLAY; Inc. STOCKS AND BONDS Full information regarding. Wyoming Oils, New York Stocks, Liberty Bonds and other issues. furnished upon request. Place your buying and sel ing orders, with us. Complete facilities of our office enables us*to handle orders on up-to-the-minute quotations. .We ate. the only Brokerage Company in Wyoming with New York:Stock Exchange Connections, Private Wires to Casper, Lusk, Chian, Rawlins, ‘Denver - ‘5 £ SIITTTTOIIOLOSIOTO HAN : Lester Brokerage House Specializing in _ NEW YORK OIL N 156 N, Wolcott Phone 1142 4 WIMP OLT ETE OEMEEE. FA. A SRE MR Sa once BS, N N an 8 N N N Henning Brokerage Compan _ J. A. Howlett (Private Wire) All Local oi Stocks Bought and Bold New York Curb Stocks. Carried on Margin Flat 6 Per Cent Interest Rate Information on All Stocks Cheerfully Given § ~ Office: Henning Hotel Lobby cma ie Deliveries ‘of PIPPI PP ae “vat IPP wa eST BOWL OF CHIL men 20c at the a .at-the CHILI KING LUNCH ead Coat! Block. * ict Sr kinds af iat