Casper Daily Tribune Newspaper, February 14, 1920, Page 4

a fdwest Refining was” stga lard ; Tee an , [aed 5 octween$1b1 and $153 a torated u hake J aan Sprit 100 = “ures changing hands at thege quota ‘ovat ~ ie a PS PAGE FOUR PRODUCERS & REFINERS HOLOERG VOTE DOWN THREE PROPOSITIONS Proposals to Increase Capital, Change Name and [In-} crease Directorate Defeated after Court Rules That Special Meeting Is Legal CHEYENNE, Wyo., Feb. 14.—The controversy Frank G. Rowley and Ellis T. Crawford and the Producers & Buck Creek Refiners corporation, involvyingthe demand-of the. individuals|Biask Tan - for 34,000 shares of the stock of the corporation of which the-*|Cotumbine - claim to be the owners but which they allege never wefe issued Seonene to them, was not terminated by the action of Judge W. G.|sn ate EAR corsair tar dosti rca dd RA Dt Mentzer of the Laramie county district court, Friday, in denying the petition of INCORPORATIONS between |3i, Hutton Lake .--. Jupiter ... Kinney ~-.-. Lance Creek Royalty .. Lusk Royalty -... Lusk Petroleum - Mountain & Guir and Crawford for the issuance of an order restraining the corporation from holding a special meeting until the 34,000 shares of stock had been is- sued to the plaintiffs. The case is to * be tried on its merits before Judge Ment- zer at an early date and at that trial the question of the validity of the claims of Rowley and Crawfard will be decided. Mosher Oil Northwest .--. Outwest it f0 a a aa 04 The Producers & Refiners corporation ; + in| Brant Gorp. .....---2.s- 3.25 will not at this time increase its capital 209 Oil Companies Chartered in Picardy 2.2.5 ‘i LAs stock from $17,000,000 to $27,000,000; January Is Largest for Riverton Refining 110 neither will it change its name to “Kist- Any One Month 36 ler,” nor increase its directorate from ? at 11 to 15 members. Proposals that these (Journal of Commerce) 2.00 things be done down at the spe vere decisively Goted 1 meeting of the 25 Two hundred and nine new oil com-}/Tom Bell Royalty panies, with an authorized capital of |Getes ------ poration held late yesterday after Judge] 350,000 or greater, were organized dur-}| Wind River Refinin had decided that such a meet-| ing January, the total authorised capi- ing might be held. tal involved being $399,956,000. The’ number of companies formed for opera- | Rock River tion in the petroleum industry is a| Salt Creek tecord for any single month during the} Bis Muddy .-------—-----_.._. life of the Journal of Commerce ¢om-| Pilot Butte ------—-------------= 2.26 pilation, from which these figures are drawn, i. e., since the beginning of:the war in 1914, the previous. high mark being made dast May. The indicated in- vestinent,. however, was exceeded dur- ing five months last year and represent: u-decline from $578,209,000 in December, this amount being distributed anfong 181 concerns. The January total com- pares with $60,825,000 and $41,240,000 in January, 1919 and 1918, respectively. It is significant, of the current in- One hundred and thirty thousand of the 170,000 wes of the corporation's stock sented at the meeting. One hundred nd ten thousand shares are said to have on voted aguinst each of the proposals, which received the support of only 20,000 sha Adop- tion’ of the proposals wo have re- quired the support of ‘the holders of two-thirds of the corporation stockhold. ers, : eMail fer IES STOCKS LOOK UIP terest and activity in the oil fields that the indicated investment for. tho'entiroe twelve months of 1916 or 1918, which | uggregated $419,746,000 and $430,480,600, respectively. The organization of ¢om- panies was widely distributed among a . s rf number of states, although as usual Oils Witness Rise as New York Pelevaice pine revored as tHe jstate of * + | Incorporation, the record indicating that Market Returns to More the interest was not confined to any par- Normal Conditions ticular section. One feature of ‘the fionth’s activities deserving comment. is the relatively few large companiés that were started, as a with rf earlier months. This may reflect some| Weather, has completed the line tapering off in the oil boom, it is be-|sents.an investment of around a half eved, a further, factor operating to re-|million dollars ard gives the two towns strict new enterprise being the tight/@ daily gas capacity of seventy-five credit situation, million cubic feet. The gas is being used The monthly average indicated invest-|by the Midwest in their refinery at ment and the indicated investment per |Greybull and a nuinber of factories will company during the periods’ stated is {commence its use this summer. presented below: os Telephone Connections Soo : | pany.| TherTsivn and Country Hlegipie com, $497,000 | pLngY iv piace havo: weeurdi ie cori: 410,900 | re, onstructing a telepWerc: Line’ 1,748,000 | trom the wells at Hidden dome to Grey- 1,641,053 | bull including a central exchange at the Year 1918. 35,873,300 524,900 |Wsoming gas office here. The line will January, 1920 ....399,956,000 1,913,666 |b.’ thirty-four miles in length and work The following table compares the was started this morning. January record with that for the | months of 1919: 1919— BASIN, (Wyo., Feb. 1 from Hidden dome to Ba: day and sin and e gas turned in. A The stock market, beth in New York and logally, closed the week with a stronger tone that has been in evidence at any time since the first slump of a weék ago. Industrial and rail issues held their own in New York on reas-| suring news regurding the strike situa- tion and the majority gained a ~few United States steel, considered © of the market, moving up after a low level reached Friday 95 bid. . Com- Monthly. Year 1916 Year 1917. 34,978,800 tions. Salt Creek Producers was in good 70,018,283 demand, selling up to $52.50, a net gain of $1.26 over the high mark of Friday and the highest point reached since the decline in’ curb issues which started a week ago. Few of the Drilling Progress, popular issues traded in locally failed to gain a few points to-| January ... 86. $60,825,000 | Scott Mills, atileg tor att tne day. Advances of two to five cents were] jebruary 94 51,362,000 ine the Mércer dome east of ey ig recorded and while the market afforded! Mareh | 10 54,005,000 | 48 been shut down during the iia no sensations the demand was much| April , 121 weather, will resume drilling again the first of the week and expects to com- 90,000 | Plete the rst test well by March 1. The. deep test well being drilled by stronger. May ae NOTICE OF INCORPORATION the Midwest in Greybull is reported 10,000 | drilling at 2,300 feet. One The Tatman “Mountain Oil &)\Gas Te teaote company, drilling a test near Burliig- 578,209,000 | ton, is reported ready to resume soon, They are carrying a ten-inch hole at $3,786,006,000 | Fourteen’ hundred feet. —$__—<——__—_— QUTWEST RIGGING UP TO START DRILL ON TEAPOT ent of field operations, that the Dutwest derrick in the Teapot dome, which was porated in ° of the Secretary of State, at 4 Wyoming, on the 11th day of} 1920. at. the hour of nine| The term of exist next Ear ED TMS | object of said} 35,595,222,000 a the ceonomi 22° ONTARIO OL FIELDS 1 stock not ary profit nent of sald ntrol of | Sarle D. ny is to promot : und social devele 2 board of fourteen dirs CHATHAM, |: Toduy s Markets. Vhefischange Ballin, Cup 7 GAS LINE FROM HIDDEN DOME TO GHEYBULL AND BASIN COMPLETED Midwest Refinery at Greybull Begins Use of Gas with Great Supply also Made Available for Two Towns; Telephone Line Contracted . | 4.—The new pipe line bringing the gas at once and the line is now in service, struction, T. S. Armstrong, altho hampered at times by severe |, | DRUGGIST TO by. tre: Witting, 2. Open 3 --$151.00 $163.00 175 (By 1.37 14 19.00 20.00 3.12 3.25 7.87 8.00 75 1.00 837 8.62 51.00 51.50 75 1.00 8.50 8.75 $171.75 $174.50 179.62 37.12 98.25 40.00 99.00 Greybull was completed yester- few minor léaks were repaired Superintendent of con- in record time: The line repre- MMRKET GOSSIP ANDFIELD NES Outwest Pétroleum’ Files Notice of | Increase in Capital to —— CHEYENNE, Wyg.,. Feb. 14,—The ,Outwest Petroleun’, » a Colora- do corporation, authorized to operate in Wyoming, on Friday filed. certification in the office of the secretary of state here of increase of its capital stock from $300,000 to $500,000. ‘The stock is of, the par value of 10 cents a share, Certification of the dissolution of Carper, Ross & Co. was filed in the of- fice of the secretary of state, > NO ONE SICK, . GOTOWALL PARIS.—"We are passing through a : terrible crisis here, There is not a single sick person in the town or peighboring villages, Unless a turn for the better comes soon, I am bankrupt,” wrote an Asnieres druggist, explaining his inability to settle an account. a Tribiine Want Ads bring results. GEOLOGISTS OIL. EXPERTS] Oil Field Maps Blue Prints Explorations Reports. Holmes, W. H. Leavitt Ont. Keb. 14-—Ollicial | gegroyed. by fire, has been rebuilt and Ben. L. Scher fgures of the crude. production of the] saiia progtess in drilling the. hole: is Keith 1 imp: |Ontario fields for the year 1919 show a! expected soon. Tho old deyth was be- ben, Ro orge (ecline of 68,660 barrels from the 1918] tween 00 and 900 feet of the second 1a, hlcinGheeTc-As La totals. The latter werg the highest in} wan creck sand.. Resumption of drill- and K. Anther » the d for; many years, ihg will be started today or\Monday. the: firulcort r of said com-; The 1919 production from Ontario vy settlement for the loss of the ric pexiy (or unt8l. the svors are elect. /almounted to 220,100 15:35 barrels, com-| hus poen made bythe Outwest Petro. ed and qualified. The principal opera-| pared with 760 15-86 barrels in 1918.) feym Company, the total loss being tions of said company shalt be : Aa oy kplan Teattire, of the cbprhes nearly $6,000. Larger tools were saved Atrona County, Wyoming, |is the Increased production of the older| ong the: baller was suspended in the office of said company fields, Petrolia, . steadily productive} pote at the timo of the blaze, the chamber of commerce jvince 1862, has increased ity quota by | —————— aid company in the City of 4,620 barrely. Oil Springs, where the na € uty, Wyoming with | first Canadian crude was struck 60 y Wyoming Map & Blué Print Co. P. 0. Box 325. *Rm. 10, Lyric 184.08 oft land-leastig DIL | seen in a six-reeler entitled, “When the | is @ genuine novelty. | to expect great things from Doug Fair- | 000 francs: went to remainder Completion of Field in seiividas Hoey in the spring. of 1917, Up for New Well in Structure. the Red Cross has approx ‘ mately 200,000,000 francs to work) in 4 France. . The Wyokans Oil syndicate, drilling on the northwest quarter of beetle eee ot Oe Sa ik field last night, brot in a gusher well at 1500 feet that shot! three times over the derrick and has been flowing by heads since. The well is said to be one of the largest the company has encountered on this tract, the flow coming from an eight- inch casing. | Arrangements have been made to save the oil until pipe- Yine conni can be made. On section 18-40-78 the Wyokans is NOTICE, MACABEES. rigging up, preparatory to'spudding in a ~ ; new well next week on holdings released | | “Miss-McMahon will ‘be with us Moti- for development by the a _ a re The reason that our Recommendation’ on Real Estate ¢arries a special value with the investing public is be- cause we use it 80 sparingly. tion from ‘those holdings, which 40 acres in’ section 18 and 40 section 17. +f DUG AIRGAS, HAROLD LLOYD WN DOUBLE BLL Just the thing housewives have been looking for. Bread joes not dry out nor mold. -For particulars, Phone 71-W, ~or call at i EAST FOURTH ST. Carnes Brokerage Co. . and Public Exchange PHONE 1147 OVER IRIS THEATER 109 W 18! ST. PHONE 74 W the double attraction which has been provided at the Lyric theater for: to- day. and tomorrow. Fairbanks will be ‘ Clouds Roll By.” The picture takes in the unusual range of territory covered by a Fair.‘ banks photoplay. An unusual flood scene marks the dramatic action of) the picture, ‘ Critics of the picture have this to su . * “Douglas Fairbank’s big new picture We have come’ s WE BUY AND SELL WYOMING OIL STOCKS _ List your stocks with us, we can handle them,on a fe- vmatkably low margin. Our ¢ommissions are but one percent of amount involved. A : } '- FOR SPECULATION: We recommend the purchase ot Royalty & Producers, Casper Ranger, Domino, Outwest atid Sunset. These stocks will make you some nice money in a short time, ' ) FOR INVESTMENT; We recommend the purchase of E. ~. Williams and Consolidated Royalty. WE WILL SELL SUBJECT: 2100 American at 2c | i 1000 Goleping tein = )09 Domina at 3 F - eS eetcon et Para Wn Sek, Sia 4 Lance Greek Units for $27.00 each 1000 Lusk Petroleum at 32c 1000 Mike Henry at 7c 1000 Picardy at 1314c 1500 Royalty & Producers at 38c 1000’ Sunset at 19c 1000 E. T.:Williams at $1.72 1000 Tom Bell at 8lc . ' 1000 were at 15¢ 1000 Wind River at-614c A 500 Western Aeroplane at $10.00 banks;.we sometimes wonder ghere he can possibly get any more new from, Yet he comes along with ture like this and simply carries our feet. ‘When the Clouds Roll . re is 80 new and original, in story and action, so far away from anything that has been attempted before, that we go on record now, with the predic- tion that every laugh-loving, thrill: Yoving’ man, woman, and child in town | will be talking about Fairbanks and his picture,” pic- A Woman's Hair. Can Make or Mar Her Appearance. | An Unprecedented Opportunity A Ng Eat nd da To Buy Western Aeroplane & Motor Co. Séock at par value, $10.00 per share. 25 per cent down, balance 30 days. Phone us, 1147, or call at our office and let us explain the possibilities of this com- Seaulete incest becwen nae charming beauty. ; q porns at snes, in very sho: e-your wi be free from unsightly Sind ruff. Your hair will begin to tone up and take a new lease on life. Your friends, even, will very quickly. note the added beauty. ° M Buy a small bottle today—se an improvement tomorrow. ~ fer oni iter grok lerpl it, U.S. A Sold by Drug and Department Stores.’ Applications at the better Berber Shops | Kimball Drug Store Special Agent. TAYLOR & CLAY, Inc. : STOCKS AND BONDS Full information regarding Wyoming. Oils, New York Stocks, Liberty Bonds and other ‘aimee furnished upon request. Place your buying and seling orders . with us. Complete facilities of our office enables us to handle orders on up-to-the-minute quotations. We are the only Brokerage Company in Wyoming with New York Stock Exchange Connections. x Private Wires to Casper, Lusk, Chian, Rawlins, Denver oer agent of suid cor-|or more ago, und which has Ween prod poration ia charge thereof. | ing from the deeper formatién sin GEORGE B. NELSON, | about. 1881, hay an incrbase. of 673 bar- Beeretary:| rele, and Bothwell, utter 26 yeary of pro- Pub. Feb. 14, 15, 16, 192 | duction, hus slightly increased Its pro- (N&S) | duetion. The lower horizons of the cor- | niterous limestone in these fields, with | their slow but steady yield, favor a sup- — _- ce ane | Mened Production, and eh tendency has E OF FPLORENCD A. HAMLIN, | been helped by the efidjent management sed i] | of men especially trained in. the. bual- is hereby given that letters Of) yews, ‘The efficient handling in. these ution were on 319 Uth day of! fields make. even small wells profitable. February, 1920, granted to the under-| - —— NOTICE LO CREDITOKS N & signed in the above hepcut'rh sod or bah bd n e ' Mee Mee io the usderlened Aaeoaie |e in the War tratrix within six months after ttioslate| x , i ws Se pekane ie ales State, | President AVibol rea the completed 4c such claim be not exhib! wi one year from the date of said lette they will be forever ba: h Dated February 14, | GERTRUDE A. DUHLING, } Administratrix of the Estate of \draft for the Yeague of Nationg to the , | veace conference, and «speeches in sup- port of th lan were delivered by tep- ontatiy the leading nations ore oe Read the Tribune. want ads, Ck hd hk Florence A. Hamlin, Deceased. WILLIAM 0. WIL v, Attorney for BWetate | \Pub. Feb. 14, 2 1920. j avow) j a ee Five new sugar mills, with @ total} 4 capacity of 6000 tons of cane dal are to be erected in Negros, Philippi Islands, ‘Ten mills with a capacity of| 2000 tons of ecdne datly are already ti} operation in. Negros. | When ohe-thinks of dumougs, i isl PSP LLM LS: as Truck Owners Attention WE BUILD ANY STYLE TRUCK BODY OR CAB FOR ANY MAKE oe ——— ‘ Lester Brokerage House : Brokerage ( any "J.J: Giblin’ _ > (Private Wire) All Local Oil Stocks Bought and Sold ew. York Curb Stocks Carried on Margin raee Flat 6 Per Cent Interest Rate Information‘on All Stocks Cheerfully Given ; ‘Phone 1040-W Office: Henning ¢ Hotel Lobby a = es = a a