Casper Daily Tribune Newspaper, February 16, 1920, Page 4

IVITI TTT) LL A Ek kc THE UE Pe pope ep Hidl ; PETE PE Po PO PETE EEE eee ee PAGE FOUR MARKET GOSSIP AND FIELD NEWS New Holdredge Oil Company Or- ganized as Holding Concern with Big Interests The newly organized Holdrege Oil company with headquarters at Ther- mopolis will be a holding and not an operating company for the time being, with.royalty int st4in holdings of the Willow Cree ndicate, Strawn Pe- troleum syndic E. T. Williams Pe- troleum company ock interests in the Kelly. Keoughan-Hurst and West- ern Exploration companies and holdings of 5,000 acres on the Gebo dome, Hot Springs county, Wyo., near where the Ohio is drilling. Mercer Operations Resumed. After a shutdown of two months Utah iyterests are preparing to resume drill- ing on the Mercer dome in the Basin, Wyo., country and expect to complete the test early next month. New Royalties Acquired. Ro! and Producers has bot a 5 per cent royalty in section 19, the Mule © . Wyo., property owned by Mid- west Refining, which now has five pro- ducing wells. The third well of the Royalty and Produ tion 16, Salt Creek, is down 2,500 feet, and will reach the ond Wall Creek sand at 2,800 feet in a few days. 8 company in sec- Midwest in Montana. Midwest Refining company is report- ed to have acquired considerable acre- age in Fergus and Musselshell coun- ties, Montana, which is the scene of the recent excitement following the bri ing in of the Van Duzen Oil company’s well on the Devil's Basin dome. The company is said to have leased the W. J. Winnett properties, northwest of Winnett, and to have contracted to be- gin drilling as soon as equipment can be installed. Gas Struck in Colorado. A huge gas flow has been struck in the deep test well of the Richmond Oil company at Rangely, the old field in western Rio Blanco county, Colo. The flow is estin ed at 1,000,000 cubic feet struck at 3,000 fee The of sas is expected to be followed by an oil gusher, The Rangely field has a number of shallow sand producers The Richmond company is understood to be sidiary of th andard Ol company of California. it commenced its deep test of the field abcut one year ago Test Near Laramie The Frantz corporation has men and material on the ground to build a drill- ing rig om the Rex) Lake dome, about twenty-two miles ,west of Laramie, the dome being pronounced by logists as small but just about porte The com- - is preparing to drill The Diamond npany owns the |, Which has been leased to the Frantz company, The drilling contractor is already on the ground and some material has teen deliyered to the site for the erection of the rig, Laramie companies supplying the Juntber und drilling outtit. pecting co Oil Showing in Colorado. Carter Oil Company, drilling near Walden, Colo., has encountered oil in the first sand at a depth of about 1,900 feet® and will go deeper. The drifl ed the sand. The well the rate of two barrels a e the pres: 1 quantities is bailing day, which scems to indi ence of oil in) commerce with deeper drilling. Uinta Basin Operations. Under date of February 10 the field superintendent of the Uinta Oil und bx- ploration Company, operating in the Uinta basin, Utah, yeports that after y of moxe than two months he sumed drilling with cable rig and tools on the company’s No. T well, The moved, the Water bailed out and st drilling now proceeding. Acco: to the superintendent's report he should tap the 1,200-foot sand inside of two weeks. The presence of gas in his well indicates that a large body of oil exists at this depth, and the company is con- nt of big results. Casing for the company's No. 2 well as been purchased and is now being aded for shipment by railroad to Utah, from which point it will uied in by trucks to the com- pany's proper The extreme cold weather and heavy snow busin have made the wagon roads im+ ble since about November 1919, but the weather has now moderated. 'T. Williams Dividend The regular quarterly dividend will le paid by the 1. Williams Oil com pany, February 29. This is a four per cent dividend Gates to Increase Capital The Gdt Oil company willyyote on the proposition of increasing the capital from $2,500,000 to $5,900,000 at g Epe- cial meeting to be held Saturday, F ryary 41. ———E GIVES [WIFE ADLER-I-KA “My wife was pronounced incurah ty physicians uniess operated (compli cated bowel troyble). 1 began givir Adier-i-tsa and she is improving. I shall continue until s J. Hi. Underwood, Marion, Adler-i-ka empties BOTH lower powe fary canal. Which poisons system. Often ¢ constipation. Prevents #ppendicitis. We have sold-Adler-tka meny years. It is u mixtire of buekthorn, © Ala. cerine and nine other simple drugs.— Cu Hunrinayty.—Ady FOR SALE BREAD AND CAKE CABINET Just the thing have been looking fob nread | does not dry out nor mo. "or) 2 particulars, Phone 71-W, or} General Agent « call at | iS 7 in the Uinta iad is cured.’ (Signed) upper and flushing ENTIRG alimen- Removes ALL fou! matter "RES para, gly] housewives | | : [oduy s Markets by Wre . be Casper Daily Cribune | | : Furnished Daily by: Taylor & Clay, Ground Floor, Oil | Exchange Building, Local Ol Stocks Williams, BE. T.--.-- 1.15 Bia ask | Western Exploration 3.40 Amalgamated Royalty .50 $ .60|Wyo-Kans -..-... 1.90 Atlas - 06 .08| Wy-O-Tex -------. - - 14 16 03 © 03 Keo-Hurst ----. ---------12-10 12.35 3941 Btocks Boston Wyoming Tlalo7 New. Jerk, Cure os Big Indian 43 47/ Miawest Refining - $148.00 $150.00 Burke sOlt 36.38! Midwest Common = 126 | 2.00 Buck \Greek 1.69 1.71) miawest Preferred 1.37 1.62 Black Tail - 2 28) Merritt ------- - 19.00 i One tenn +85 Glenrock Oil 3.12 26 | Consolidated Royalty - : WT (Se Ce 00 | Cow Gulch ----- 38.36 |Oxmulgee P. & R__ 4 Elkhorn --.-.- - 28 «8Clik Basin _- =i Great Western Petroleum -. .16 18 Hutton Lake -.--. Jupiter <.. 22-5 coopce. Kinney ---.---- - Lance Creek Royalty -— 39 Al Lusk Royalty --... 27 29 Lusk Petroleum -. 22 224 Mountain & Gulf e 1.07 Mosher Oil - 40 Northwest Outwest - frantz Corp. Picardy ~---.-- = Riverton Refining - Casper, Wyoming 6 | Prod. & Ref., Com-_--.--- Salt Creek Prod. Assn Western States O. & L. New York Stock Wxcnangs Stocks | Mexican Petroleum -----$170.00 $170.00 Texas Oil -. 183.00 178.50 Sinclair Oil - 39.00 = 38.25 U. 8. Steel 98.50 96.87) 7 per cent} -----135% 96.64 Royalty & Prod. Corp-. Sunset ~ ne Hille Tom Bell Royalty Gates -- ec! Wind River Refining 13 2.50 05% Rock River -—---. Salt Creek Big Muddy -. Pilot Butte ---.-...-. $2. woenenenen= 2.25 wenemennebe 2.35 KASOMING HAS | BIG PROGRAM Big Tank Farm at Fort Steel :to| Precede Building of Re- | finery There | The Kasoming Of company, which re- | cently announced plans for the con- | struction of a 190-mile pipe line from the Lost Soldier field to supply south-} ern Wyoming points with gas, will eréct | 10 new. 37,500-barrel storage tanks on | its tank farm at Fort Steele in antict-} pation of the 10-inch pipeline to be Luilt, by the. Mlinois company. to that point this spring for the delivery of crude. The erection of a refinery there! is said to be in prospect. The Kasoming. controls the produc- tion’ of 26 Wells in the ‘Lost Soldier field at the present time and has. ordered equipment and material for the drilling of 15 more wells, including 33 carloads | of casing. On the Mahoney dome, near Rawlins, the company is down 2,270 feet with the | well In which the gas was cased off and on the Sherrard dome, also in Carbon} county, a test well is drilling at 1,070} feet. 5 i The Kasoming also is furnishing the | casing for the Centennial Petroleum tost_ on the Goshen dome, 20 miles south of Torrington, as a help in test- ture. The well is now down nearly 1,900 oming is unde ntract to start the n wells, WYOMING ORUD E OI, MARK RT -- 2.25 | Lusk ing out its large acreage on that struc- | feet and if oil ig encountered the Kas | 2nd 4%'s 3rd 44's 4th 4%'s Victory Loan | Grass Creek Blk Basin Lander HAMILTON DOME HAS NEW WELL Petroleum Producers’ No. 5 Gets| Oil in Stray Sand, Well Going Deeper THERMOPOLIS, Wyo., Feb. 16.—No. | 5 well of the Petroleum Producers’ Cor- } poration was drilling into the stray sand, the upper producing sand at Ham- | ilton dome. last week. This sund was encountered at 1,505 feet and appears to be the best well yet brought in us| far as the upper sand is concerned. It will be put on down to the lower sand, * which is the big producer in that field. In its present state 'the'well is making from forty to fifty’ barrels per day. The next two or three weeks will sce it completed and there is no doubt th: it will be as good as the others already down to the lower sand, all of which are big ylelders. No. 6 of the same company. is down about 1,300 feet and No. 7 has just been spudded in. The company has three strings of tools running and will make quite a number of completions during , the coming season. | The Petroleum Producers are also | erecting receiving tanks in the field into whith the oll will be pumped from the wells, to be drawn off into the pipeline which will be built this spring. IN LANDER “STOCKHOLDERS drilling of a doz WYOMING PREMIER GETS ANOTHER PRODUCER IN THERMOPOLIS, Wyo., Feb. 16.— j Well No. 11 of the Wyoming Premier Company came in last week in Warm Springs. Otto Menger, field manager for the company, says that the indica- tions are that this well will prove the t that has been brought in there. This company is conducting an active | drilling campaign and many wells will be brought in this summer. Hefore ; the season is over Warm Springs will | be producing on a scale that will make it one of the important oil districts of | the state. The Alliance Oil and Refining Com- pany, which, like the Wyoming Premicr, is u subsidiary of the Singer Securities Corporation, will open its refinery in this city in t ry near future. A 12,- 040-burrel concrete storage tank is ap- proaching completion and only thé fin- | ishing touches to the refinery equlp- ment are needed before it is ready for business. The burning of the big stor- uge tunk some time ag6 set bark the opening of the refinery ay 4 supply of oll iy storuge is neceysury to the opera- tion of the plint. CARPENTERS’ NOTICE. Local No. 1664 will hojd @ gpeclal meeting ut the mext regular meeting night, on gn gssesyment. xine be pregopt. (Signed.) C. $. THOMPSON, Recording Secretary. 2-14-8t YESTERDAY is gone, TOMORROW may never come for you. INSURE TODAY with THE CAPITOL LIFE C.R. McGREW : N WARM SPRINGS FIELD) b. 17, for the purpose of voting | LIGHT COMPANY TO KEEP | -OLO UNIT FOR EMERGENCY | (Special to The Tribune.) | LANDER, Wyo., Feb. 16.—Stockhold- jers of the Lander Electric Light and | Power company secured a temporary injunction in district court here re |straining the officers from disposing of plant equipment “here which the latter |considers unnecessary since the Sinks | Hydro Power company, from which th distributing concern now derives it current, completed its plant on the ri near here. Stockholders contend that | the old plant should be retained as an auxiliary plant for emergency use should the hydro-electric plant be put out of commission by a cloudburst. '| GEOLOGISTS OIL EXPERTS | Oil Field Maps Blue Prints | Explorations Reports || Wyoming Map & Blue Print Co. PO. Box 325. Rm. 10, Lyric j lapse, by complying with the sam: | child, grand child, brott SPECIAL AULING ISMADE ON. 5, WAR INSURANCE | Reinstatement Possible Any Time Before Next July Regard- | less of Length of Lapse, Is Claim | Under a new and very liberal ruling of far-reaching importance to millions of former service men, issued by Di-| rector R. G. Cholmeley-Jones of the | Bureau of War Risk Insurance with| the approval of Secretary of the Treas-| ury Carter Glass, War Risk (term) In-| surance, regardless of how long it may have been lapsed or canceled, and re gardless of: how long the former may man may have been discharged, | be reinstated any tine before July 1, 1920. | The only conditions are: Q) Two monthly amount of insurance premiums on the to be reinstated must accompany the application. | (2) ‘The applicant must be in as good | health as at the date of discharge, or at the expiration of the ce period, whichever is the later date, and so state in the application. he new ruling is liberalization of he most imp‘ War Risk Insurance |since the passage of the Sweet bill, ned for the of service men who f: their insurance prior and who have been than 18 months. Ex-service m y their lapsed term insur within 188 months following the month of discharge by complying with the same conditions. Within three months following the month of discharge rein- statement may be made by simply re- mitting two months’ premiums without a formal application of statement as to health, Reinstatement may also be made af- ter 18 months following dische al benefit d to reinstate law more and is de to the new discharged ‘ge, as} follows:: If the insurance has not been lapsed longer than three months, by complying with the conditions outlined in (1) and (2) above. From the fourth to the eleventh month, inclusiv con submitting # formal report of examination made by ditions, and in addition a reputable physician substant statement of health to th of he director of the bur In announcing the new rector Cholmeley-Jones phasize the fact that W Insurance or U. S. Go verted) Life -Insur made payable to new and enlarged £ rics: 3 | Parent, grandparent, stepparent, wife (or husband), child, step-child, adopted ister, half. | ting the utistaction uu. ruling, Di- to em isk (term) nment (con may now be of the following >up of beneficia- | brother, bglfsister, brother bru tion, sister 1 adop’ stepsist nt thru adop! aunt, nephew, niece, ter-in-law; p brother-in-t who have CHEST CLOGGED UP WITH HEAVY GOLD?” Don’t give it a chance to | eet in”-——use Dr. King’s | 1 1s, New Discovery ‘T dangerous stage where & cold or cough or case of grippe might get the better rou may be nearer than you Prompt action with Dr. a, New Discovery will avert a long jege. | ‘or fifty years it has loosened congeeted chests, dissipated tight- packed phlegm, broken vicious colds and coughs. Give it to the young- Stary e it yourself. There will @ no disagreeable after-effects. 60¢. and $1.20 a bottle. At your fruggist’s. Give it a trial. Bowels Becume Normal —liver livens up, bile flows freely— headache, biliousness, tongue-fur, stomach-sourvess, disappear when Dr. King’s New Life Pills get in | their natural, comfortable action. | Purgatives, never pleasantly cor- | rective, sometimes habit-forming, | should not be taken to rack the | | | | system violently. Nature’s way is the way of Dr. ng'’s New Life Pills—gently but firmly functioning the bowels, eliminating the intes- tine-clogging waste, and promoting the most grat{fying results. Cleanse | the system with them and know the | boon of regular bowels, 20c, at all druggists, BIG SUPPER Tuesday Evening, Feb. 17, 6:30 P. M. at | PRESBYTERIAN CHURCH Given by | \ | the The Men of the | Baptist Church and | Congregation | AJl those who are interested in Baptist Work are i) | invited. The object of tb ' the ti e/as,7:30 P. M. inste brotherhood fellowship. ‘Invitations erroneously stated ad of 6:30 P.M. SS SSS he supper is to cultivate a PD RS the relation of, a parent to the insurea! Life, Twenty, Payment Life, Thirty for a period of one year or more prior|Payment Life, Twenty Year Endow- to his enlistment or induetion, or the|ment, Thirty Year Endowment, and En- child or children of such. person; parent, dowment at Age 62, may tow be paid grandparent, step-parent, or * parent in a lump sum at death, if such method jhru adoption of the insured’s wife (or of payment is designetsd by the In- husband). jsured. ; v Risk (term) Insurance may be! The local Naval Reeraiting Station in converted into United States Govern- the postoffice is preyared to assist tore ment Life Insurance, now or at any mer service men in reinstating or con-, time within five years after the formal verting their instance. termination of the war by proclamation —>——_—_ of the president. A native - Ashanti bears one of} United States Government (corrert.!¢ wan “72a. —sresponding to the day, ed) Life Insurance, including Ordinary of th. vagy %™ which he was born. OLIVE. THOMAS in "OUT YONDER.” A RALPH INCE PRODUCTION |! ‘ Selznick Pictures jf AT THE LYRIC TOMORROW Carnes Brokerage Co. 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- arkably low margin. Our commissions are but one percent of amount involved. FOR SPECULATION: We recommend the purchase ot Royalty & Producers, Casper Ranger, Domino, Outwest and 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 1000 Columbine at 57e 1000 Domina at 15%e 5000 Hutton at 2boc 4 4 Lance Creek Units for $27.00 each 1000 Lusk Petroleum at 32c 1000 Mike Henry at 7¢ 1000 Picardy at 1314¢ 1500 Ity & Producers at 38¢ : 1000 Sunset ate19c 1000 E. T. Williams at $1.72 1000 Tom Bell at 31e ¢ 1000 o-Tex at 15c 1000 nd River at 6 500 Western Acroplane at $10.00 An Unprecedented Opportunity To Buy Western Aeroplane & Motor Co. Stock at par value, $10.00 per share. 25 per cent down, balance 80 days. Phone us, 1147, or call at our office and let us explain the possibilities of this com- pany. TAYLOR & CLAY, Inc. STOCKS AND BONDS Full information regarding Wyeming Qils, New York Stocks, Liberty Bonds and other issues 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 Compuny in Wyoming with New York Stock Exchange Connections. Private Wires to Casper, Lusk, Chian, Rawlins, Denver TCP LLLELELEPP LPL LE OTT Lester Brokerage House | Shoes ‘10.45 $3.15 $1.35 Specializing in ~ NEW. YORK OIL 156 N. Wolcott Phone 1142 i ¢ WI IDIOL LFS FOP LOPE ILS IIE PIII III IIS Henning Brokerage Company J. A. Howlett (Private Wire) J.J. Giblin All Local Oil Stocks Bought and Sold New York Curb Stocks Carried on Margin Flat 6 Per Cent Interest Rate Information on All Stocks Cheerfully Given Office: Henning Hotel Lobby Phone 1040-W $4.95 ARNER | 164 So..Center: St. Casper, Wyo..