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

MARKET G0ca1P | AND FIELO NEWs: Cat Creek Oil Most Valuable for Lubricating Purposes in \ Western Fields Tests of samples of oil from the cat | Creek structure in the middle of Mon- tana, made here recently, show that the oil has more lubricating stock and is a higher grade of lubricating oil than any other grade found in the West outside of the Graber pool in Oklahoma, ‘The test here showed that there is} practically 60 per cent gasoline content to the oil taken from the earth in the Cat Creek, Mont., field by the Frantz Corporation, The Royalty and Producers Com- pany owns the royalty interest in the 28,000 acres in this recently discovered field. Carter to Resume Work. The Carter Oil Company, in the south- ern extension of the new Bolton field, southwest of Casper, is soon to resume | drilling at a depth of about 1,500 feet. If oil is found in the Carter holdings, the Bolton field will be extended about four more miles to the south and into Carbon County. Gus Hardendorf, one of Wyoming's veteran oil scouts, has been appointed manager of field operations for the San Juan Petroleum Company, which re- cently secured holdings in the new Bol- ton field. Hardendorf has drilled in many fields in this country as well as in South America. Recently he has been in Kansas fields. Besides the 640 acres of land jn the Bolton field near here, the San Juan Company has 2,500 acres under lease in the old San Juan County, Utah, field and 320 acres of land under lease in the Rock River field. The San Juan field was discovered in 1907, but has never had market facilities. Two drilling machinés are on the land in this field and other material is being moved to this location. In the Rock River field the company is said to be near the Ohio, Producers and Refiners, the Inland Oil and Re- fining Company, Lance Creek Royalty and others, acid at, Freel Oil Enlarges Directorate, The stockholders of the Fi Company held a special meeting office of the company in the Hagens & Murane offices here. At the meeting it was voted to incr © the number of directors from fi en, Other im- portant busine ansacted, was ze Jarvis and R, O. Meents have urned from the holdings*-of the Poison Spider-Bolton Syndicate (in».the Bolton field. OHIO TO RESUME TEST IN MUSKRAT DISTRICT al to ‘bo The’ Tritune) fyo., March 5,—Owing « ations and snow blockade, but little active drilling has been done | putas pepe folk ang bes beeen assault. The police received word that Phe complaint ajleges that Straul | winter, the club having |2e had beaten a boy while on the streat) Was grossly tbeled in the suit for re: | been instrumental in keeping the read | esterday morning and.on compla'nt the} Calves and that the defendants con. 1 for the hauling of ua supply of | S7Fest was made today. He will Ix ac bring rote suit in order to} + + ries is ~ rt | force he compan: © continue opera- oil. “A-quantity sufficient to Justify Srp tile, aft reve IB PRES: ERNE teas: cy ar ring operations is now on hand ‘at » te peli gers j 3 ti ‘ : camp of th 1 are being held in the city Jail on In Bs Macrae alt te Seco ge GR and Chas, tigation charges. The three droppest| ye eT rae apie POEICOR Went pageb eae i, ‘f the 11:20 Burlington train Wednes-| Week awainst the'same defendants. Ind., is for the field tod | Sas ERE : id with a crew of men, and will at once | 0” their previous records. TY! rt active drilling sperations at the|Perry A. Morris will decide the PEWRITERS ation where drilling was suspended | this afternoon. ’ Bought, sold, rented, re- on account of weather and road condi-| DES paired. Dealer, tions last fall. | With the rebtninétion of this hole, ana|, Look! Just what you have been Jook-| CORONA—L. C. SMITH the moving in of a number of rigs on |!"8 for. Competent magneto, genera-| Casper Typewriter “ 3 : ‘ tor and starter repair man at the Auto| Exch: } holdings of other development compa- |‘° u xchange { sag 4 is ctructuge wiji! Hlectrical Co., 111 Bast First. Phone P nies in this field, this structuée will . a quite thocoli? ‘touted’ this season, an |2689- 2-28-6t AH Wyatt Bldg. Phone be lian it is understood that there ve al —— least a dozen rigs built this spring, and tools moved in as soon as possible upon leases held by other cdémpanies. HERO OF THE GRIM GAME’ EXPERT AT LEDGERDEMAIN Every public c ster is said to have , who is star of “The Grim Game," Paramount-Art eraft picture to be shown at the Tris theater next Sunday it is magic. ‘Tho| he devotes his art chiefly to self-libera | ting feats and big illusions, Houdini is an expert at all kinds of ledgerdemain. He says that magic is ay obsession, like golf. Once “gets” a man it never leaves him. f Houndini has defied shackles and fron bars in all parts of the world. He ex- hibits his most death-defying stunts tn “The Grim Game,” which is a sys story developed along thrilling Unes and leading up to what {s claimed to be the most sensatjonal climax ever screenedt A notable cast supports the famous velf-liberator, including Ann Yorrest, ‘Tully Marshall, Thomas Jefferson, Au- Altho ‘a fire alarm came in from th» } Nurlington addition this morning about | & o'clock the ‘emen were unable to) 1 in the locality in w hich | reported. The alarm was reported over the telephone. GEOLOGISTS OIL EXPERTS Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Print Co. P. O. Box 325. Rm. 10, Lyric Ipaenisineresiensciiigree acai air saa | Wrighton and W. W. Howland. [MAN HELD FOR ing about 11:30 o'clock on a charge of) | REPORT OF THE CONDITION OF THE CII CITIZENS STATE BANK, AT QAS- ‘Sloeks, securities, Certified checks 90.00 | Bulls Payable --.. 100,000.00 POU) A~<ob cba sis ocak ool lop wae wad Sane rie $975,763.54 | (SAL) :. Today’s Markets by Wire: boa boi fe ee rarer Ae Bessemer — Boston Wyoming Burke Oil -- Big Indian Buck Creek Black Tail {Columbine -. Consolidated Royalty “43 ra Midwest Refining - 1.79 | Midwest Common 24 27 | Midwest Preferred, Okmulgee P, & R. Elk Basin -.-.- . . | Balt Creek Prod. Assn 49.00 50.00 Fie 22 Western States O. & L-. 75 87 Kinney — Prod. & Ref., Com--. 8.12 8.37 | Lance Creek Royalty Lusk Royalty — Lusk Petroleum New York Stock Benangs Stocks $279.50 $178.00 A= P-STATE WORK NOW PROMISIN Good ‘Roads. Aid Preparations for Develipeaest i Nertiers Montana and the northern part of of the Big Horn Basin) are in the lime- light now, The roads up there ‘are reported good and the tvork is. push- ing, the new gas line from the Hidden Dome wells of the Ohio Oil company to also supplying the domestic needs of Manderson, Basin and Greybull, While there are several wildcats drilling in widely separated points in the Basin country, the well of the Sunshine Val- ley Oil company, located inithe basin | of that. name, on the waters of the a tract at the mouth of the Greybull { Wood river, is probably the one that river where that stream joins the Big is being watched most closely. This well would open up a great expanse of territory in case it turned out a 8 Vesas Oil --. 181.50 182.50 Mountain’ & Gul © | Sinclair Oil 41.37 41.00 BCE aE OH 40! Ug, steel 91.76" 97.37 Northwest Franti Corp. --2-8 per cent Outwest Picardy - Riverton Refining - Royalty & Prod. Corp-. Sunset Sand Hills ‘Tom Bell Royalty ~ Gates Wind River Refining- WYOMING CRUDE O1L MARKET $95.64} -$95.60 - 90.20 = 89.56 ~ 91.50 89.80 90.12) . 97,40 Victory Loan Rock Creek $2.50 ] Grass Creek 8h Balt Creek 2.50) Elk Basin - 2,85 Big Muddy 2.50} Lance Creek 2.80 Pilot Butte - 2.50} Landez: —_. 1,25 ALLEGED LIBEL IN RECEIVERSHIP PLEA LEADS 10 BIG DAMAGE SUIT Six Stockholders Who Filed Complaint. Forcing the Wyoming-Premier into Receivership Are Made, Defendants in $50,000 Suit Filed Here — | A $50,000 libel suit was jfile aah in the district court today’ by Frank) Straub, an officer of the Wyoming Peerless Oil company, against Rob- ert J. Veitch, Matt Mechaley, M. M. Castle, Alma Bohannon, R- Ww.) The suit grows out of action taken by the defendants on Febru- ary 9, when they secured the appointment of’a receiver for the Wyo- PE 2 Ne, NP ere ming Peerless in a Denver court, upoh charges that Frank Straub, his brother, Charles Straub, and the other officers of the company were mismanaging the [/reaching a depth of 4,500 feet, the com-} plaint fews- ASSA ULT UPON The ‘receivership was later set aside BOY ,TRIAL UP) 2s. se denver court ana the receiver | dismissed. The Wyoming Peerless was drilling on land ewned by the defendants, east of Casper, but ceased operations after reaching « depth of 4,500 feet. James Garvey was arrested thiS morn- REPORT OF CONDITION PER, IN THE STATE OF WYOME THE 28TH DAY OF FEBRUARY, 19: AT THE CLOSE OF BUSINESS ON | County, city and school warrant Banking house, furviture any Other real estate and mortgag eta Due from National banks..._... ome: $183,441.71 ‘Due from banks and bankers in game cit: 31,944.08 Checks and cash items_- 172.61 Money Reserve in Bank, viz Specie .----,-- 1,593.70 k Legal tender and > 14,495.00 j 147.85 181,794.95 $976,763.54 Individual deposits subject to chee Ie. Certificates er deposit, demund_ Certificates Of deposit, time } $11,520.39 THE STATE OF OPEN County of Natrona,— I, W. J. BAILpY, “Cashier Of the above-named Bunk, do volownly ywear j that the above statement ix true, to the best of my knowledge and belict. W. J. BAILEY, Cashier, Subseribed and sworn to before mo this 5th day of March, 1020. Li. FLYNN, Notary Public, expires Vebruury 12, 1924. _ My commissi CORRUCT-ATTUST _M. J. BURKE, JOHN A. MAHAN, C. M. BLGIN, ' \ Directors 9, 1940. Pub. Jgn "| of construction at Lovell, and which * * * PROS LES* producer and it is now drilling around 900 feet and the crew has placed a 4,000-foot cable in use, The hole is in the 15%-inch: pipe. Near Hyattyille, on the Mercer struc- ture, the well there hag been shyt down for the winter, but coal is going ino the location now as well as other supplies and the work of putting the well on down will commence in the near fu- ture. In the Byron field, the Carter Oil company has a second great gasser with a production of about 25,000,000 feet. This well blew the tools out } when the cap rock was broken. ' The new glass factory in the course expects to use the gas from the Byron field, is nearly ready to start opera- tion and wiJl have an initial capacity of a car load of glass'per day. The Producers Mutual Oil company, composed of Montana and Wyoming BURNS FATAL TO OIL EMPLOVE IN GAS EXPLOSION} Explosion Follows 1 ‘When Clothes|#i , Washed in Gasoline Are Hung about Stove; Arthur Hansen Dead ‘ Arthur, Hansen, aged 27, dicd at the Private hospital early this morning as ‘the result of burns sustained in a gaso- Yine explosion at his shack in the Big Muddy oil field Wednesday night. The young man had washed out his clothes in gasoline and hung them the room. The place gradually filied with fumes and when Hansen attempted to light .a fire an explosion resulted which set fire fo the shack and to hi clothing. His arms and legs were so hadiy An aunt, Mrs. Stephen Christianson. of Norman, Nebr., has been notified and the body is being held at the Bow- man chapel until she arrives. ———— people, has obtained.an 80-acre leage on Horn and will start rig building in the near future. This tract lies in the Greybull field ang only about two miles from the city of the same name. The activity at-Roundup is growing and about 30 wells are now located and jin the various stages from merely a stake to a spudding well. The second well of the field has reached the cap rock and it will make a p: jeer, Ac- cording to the claims of the parties in- terested, but it has not been drilled in yet. The Van Duzen discovery well has been connected up to tankage and pumping equipment is being “brought out to give the well a test as to its capachy, OU are fancy free when you select a Born Tailored suit— size or price doesn't limit your choice. dependable Born oan are offered weaye and colo to be made, ‘to your measure, in the style you like best. \g unusual values. Several -hundred in every conceivable At a price of $35 or we offer very Campbell-Johnson Company | FERIA} EIGHHEIHE THEE HH E Benevolent: and Protective Order of Elks There will be a regular session of the Lodge on FRIDAY E at 8 o'clock, ‘Odd aia ih a wick Election, Initiation, and Eiaeitaiameis: Your attendance is earnestly requested. By order E.R. ; ROBT. COHEN, Seeretary No. 1353. idhidiihadadahidalnt*oheoihcetehadeihatotaieesd a upon request, Place your with us. TAYLOR & CLAY, Inc. . "STOCKS AND BONDS Full. information regarding Wyoming . Oils, New York Stocks, Liberty Bonds and other i issues furnished buying and song Complete facilities:of our office es/ug to’ pence bak rei pasar ag fleck ag e only ra jompan: oming with ew. York Stock ices Gomnercans: 5 x Private Wires to Casper, Lusk; Chian, Rawlins, Denver orders We are —| olf an ] . WALEM EEE E EEE EMME National sy. fen Ta i Ai i T mT W 7 aa me By re ml te 1 a wii » | int Mt mM | We know that your underreaming can be done for less| ‘money with a Swan Underreamer than any other. AAT TTL Tr crores: ie Co, ye | il | aridgépart| Machine) |I11!Vesmanien somes ||| {)|})| 11111 | Carnes Brokerag re Co. and Public nalts PHONE 1147-1345 OVER IRIS THEATER WE BUY AND SELL WYOMING OIL STOCKS List your stocks with us, we can handle them on a re- markably low margin. Our comnmissions are but one percent of amount involved. ieee FOR SPECULATION: We recommend the purchase ot Royalty & Producers, Bessemer, Picardy, Domino, Outwest and Sunset. These stocks will make you somé nice money in a short time, FOR INVESTMENT: We recommend the purchase of E. T. Williams and Consolidated Royalty. WE WILL SELL SUBJECT: 2100 American at 2c Ln Columbine at 53c 000 Domino at 18¢ 5000 Hutton at 214c 1000 Royalty & Producers at 43c 1000 Mike Henry at 614c : 1000 Picardy at 15142c 2000 Glenhurst at 6c 1000 Lusk’ Petroleum at 24% 2000 Bessemer at 43c 2000 Amalgamated Petroleum at 14c 1000 Tom Bell at 24c 1000 Wyo-Tex at 15c 1000 ‘Wind River at 6c 500 Western Aeroplane at $10.00 2000 5000 Royalty & Producers at 41c 2000 Glenburst at-5c 5000 Wyo-Tex at 13c $000 Hutton at 2c 1000 Cow Gulch at 43c Henni nning Brokerage Company vA. per (Private Wire) J.J. Giblin All Logal 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 | Ccmbichdead did Ltd hb Le ded Lester Brokerage House Specializing in NEW YORK OIL 156 N. Wolcott Phone 1142 6, N . & N N A)