Casper Daily Tribune Newspaper, March 8, 1920, Page 4

, be Casper Daily Cribune 2 : MONDAY, MARCH 8, 1920 HEALTHY BALANGE Annual Report of President Rich- ardson of Western Ex. is Made Public f ERRIS FIELD lig ERATIONS TAKE : Today’s Markets by Wire :.)) sss saan ot wo weer ‘ \ ' *, ‘ation Company of date of Feb- SPURT MANY WEELS GOING OWN Furnished Daily by Taylor & Clay, Ground Floor, Oil H Sorapec Mendyuattete nenec In nee toe 5 Exchange Building, Casper, Wyoming ter to the stockholders of the company, | B. Richardson, ees pmkekes ; . . < - “T am pleased to submit, herewith the Wyokans Setting Casing for Completion of Well anc SN Others Are Deep; General Petroleum Producer —Ams's™stet ! alee - RED TAG SALE Gordon Black Cotton Hose 25 The Leader JUST RECEIVED A CARLOAD OF New and Second Hand FURNITURE Including Duofolds, Dressers, Chiffoniers, Beds, annual statement of your company and | Atlas - 06 a report on its properties, together with 3 | Keo-H Tests 352 Barrels, Average for 10 Days SEs mi uae age the development of same, and the acqui- - 40 Boston Wyoming sition of new holdings for the year 1919. Important and extremely valuable prop- Az! New Stocks erties have been acquired in Stephens 1 ari are! County, Tex.; in the Salt Creek field, raTOneni 2 a PDR ai, aly | 8 il Wyoming, and th ral of Operations in the Ferris field have gone forward steadily GacetelBea te <$160:00' $162.00:|\;n¢ coimseny HAR Deon andst natiatantory: thruout the winter with many wells drilling. Preparations are | Rig Tsun now being made for the resumption of work by other companies | Buck Creek and developments in this field during the coming season wil’ | Black Tail - hold first importance in the southern part of the state. be ei i The well nearest completion, it is believed, is that of the (o°ueNt™ open Close “47, Midwest Common | Midwest Preferred Merritt ~..- 3 Glenreck Oil — Cosden _- 7, Okmulgee P. 1.50 2.00| rectors, This substantial progress has 0.00] been reflected in the market value of 3.50! the stock which has advanced during 8.75| the past year approximately 400 per cent.”” - 1.50 2.00 | and gratifying to your officers and di- Cow Gulch o-Kans on section 3-25-87, in which! khorr Elk Basin -~---. The financial statement follows: ng is now being set §10 in mak- ; | Salt Creek Prod. Assn ASSETS, Western States 0. & L: Prod. & Ref., Com_ New York Stock Exctiangs Stocks Current Assets— as 47,843.14 Bonds 1,000.00 counts Re- i ireat Western Petroleum- x ready to resume work. A new der-| | Hutton Lake rick was recently erected to replace Jupiter ~ the one burned down. A feeling of considerable satisfaction | Sinclair Oil wu. ble 21 $ 118,370.35 Permanent Assets— S. Steel - is apparent over the test of the Gen | Lance Creek 1 eral Petroleum company made a short Lust Rey alts time ago when the firm put No. 1 on the susie Perrone pump to see what it would actually do. | | Mountain & This well has been variously estimated | | Mosher, OM -- at from 100 to 500 bbls. and for 10 days’ | Outwes actual pumping, it averaged 352 bbls. | Present Decline in Liberty Bonds is} picaray of crude per day. This is the well sf | Picardy - Bedding, Ranges, Cook Stoves, etc. Prices Reasonable Stock of Asso- ciated Com- panies .....$ 305,250.00 Property, Call money- i inti niverten Re | Leases and located on section 16-26-86 and the oil] Disappointing to Small aeons ati Con ond 4's Contracts .. 1,994,133.22 was ouna at 3,020 feet in a sand 115) Investors | secant iat -4%'a ture and ae ‘ The F rris oil tests 38.4 gravity and| | Sand) Hills | ~-—. 33 cor ny Lain pee 1528, trace of sulphur in it about 4{ Declines in Liberty Bonds which have eco Bell Royalty seh, aBDatN diets & tions ...... 23,804.54 $2,324.716.65 WT per cent. With this exception the crude ‘reached levels that are disappointing | G@tes ~~ eanine miei t . | MEE Gree is a good refinery stock and has a fair|to those of small means who bot them | Wind River Refining aT 1 $2,443,087.00 OIE anu ER ET PER Ch rte RIAL 5 WYOMING CRUDE OIL MARKET LIABILITIES. Over on section 9-25-86 of the Ferris] actual loss in the event of sale and 1088 | poo; Creek $2.50 Grass Creek — $2.85 Current Tiabiiitiente mene eee None H A RNED & SON 2.85 Capital Stock 2.80| Authorized $2,000,000.00 2.50 Elk Basin 2.50 Lance Creek 2.50 Lander -. development there is considerable work;of value as collateral for loans, have Salt Creek under way. The Miller Schulte well is| attracted the attention of financiers all . Big Muddy - | - 1.25} Less Treas- a sure pro-!over the country, who, it should be | 5 Kat (705 |remembercal forecast: the present situa. | toes | ury Stock 175,620.00. $1,824,380.00 ty loan Working west quarter of section | This weil is|tion at the time the first I « north: | was floated. The low market value of | Capital .. 618,707.00 well on the | exempt 34% per cents, hi direct bear. { $2,443,087.00 ; northeast corner of the northeast quar ; upon the nation’s credit situation, to | TO NET STA TE. a ak eS, of t The General Petroleum ter of sectiot In the Kotzebue Sound region, West- 86 hag a fishing job: |r ly which the Bache Review sug ¢ : ijoeion ayaa the stem broke off at a weld just above » refunding of the Libert nd $ , ern Alas! there are asbestos posits: the box and. the Box it are both | Victory Bonds and certificates of in 113,000 YEAR 1 to rival the richest in the world. in the hole. This makes a mean fishing |debtedness into a long-time government | | job, as the box almost filis the hole -so | issue with an interest rate h will that a fishing tool can hardly get down jenable it to compete with other capital over it. The hole was 2,500 feet when | issues and make good to the people who | . 2 the accident accurred. Jput their savings into these securities | Wyoming-Yellowstone to Begin Op- On the south t quarter of gection pee ene ce Hi erations at Golden Eagle 86, the Miller Shulte company hag a { Commenting upon this suggestion the rig up and is getting ready to spud in, [Review says, in part Dome Soon @imd on the nortt corner of ‘If the Liberty and Victory Bb southeast quarter of section nd the certificates of indebtedness sral Petroleum is spudding in for a}Made exchangeable into a long over 1,500 feet and looks lik ducer. Some gas was st feet and also at 860 feet. 121 West First St. - Phone 249 (Special to The Tribune.) CHEYENNE, Wyo., Mar. 8.—The recent advance in the price of Wyo- ming crude oil will net the state of Wyoming $113,000 a year, or approxi- mately >500 a day, on the crude it receives as royalty from leased state- owned lands, figuring on the present rate of production. Production, however, is increasig rapidly and the increased income will be much Targer than: the figure stated. The state now is deriving approximately $2,000,000 annually from royalty crude. Carnes Brokerage Co. and Public Exchang2 PHONE 1147-1345 OVER IRIS THEATER neds sre With a return of settled rm ditions th tivities in the pond at 5 per cent, with 1 Thermopolis, on will take the center of the southwest }Ual reduction of the r at 1/on added importance. The Wyoming- eneral | periods and certain provisions tax | Yellowstone Oil company has completed Petrolsum: company. rig up exemption, it can he eas carbon black plant on- the Golden WE BUY AND SELL WYOMING OIL STOCKS and is moving in material to start drill- issue would be gle dome, where a big gasser was ing, and on the southwest corner of the | ly completely absorbed by in-| opened, and expects to begin operations . List your stocks with us, we can handle them on a re- northeast quarter of the ne section | ¥ desiring to place funds in the} Within ten days. It will handle EM SD Se = — markably low margin. Our cor iésions! are bat cite. Dercént the Roberts Pe licate is 5 Security in the world, bear-| cubic fect of gas a day. : | of t i J ed, moving in materi: 3 a rig built, ling an attractive rate of interest. Bethe eee Ses ne ee = amount involv is latter’ fir headed by Sid Rob- “From this would follow a most bene- | ‘ ¥, HASSE “see tA | T i ser frm sa byt ob ro te au oto moet one Oe ta a aa Matas nae RED TAG SALE FOR SPECULATION: We recommend the purchase o! On the southwest corner of Iden of Ying the present low-rate ;Job, the tools having been recovered Royaltyséc Prachicets: Bessemer, (Picardy. Domine Outwedt southeast quarter of dection bonds and a reduction in bank loans|/@8t week. The well will be drilled} A » Picardy, Domino, west, ’ sind fills Oil company is down 1,500| Which would clear up the credit situa. !entirely thru the red beds. | Women’s Bungalow Aprons Sunset and Casper Bolton Syndicate Units. These stocks will fect and setting the 10-inch pipe. This| tlon impressively and effectively. ‘The. The Crescent Oll company will’ start! Well appears to be having considerable | country would thus be put in pos Prilling again. at 060)\teck/ In) tah peaiap $1.25 make you some nice money in a short time. lomeoig tng Aeuln. G feelithy tte beams e trouble with the cave and when th the) Red Rose) dome, suspended \severnh FOR INVESTMENT: We recommend the purchase of | Stand aay satrean wach tmais hts be put months ago with the advent of win-} ing was put in, it was found that the) Upon it thru: the future course of thelto. weather | E. T. Williams and Consolidated Royalty. hole had filled up 200 feet. jexchange and of business.” 2a, Seok eee | AUBITEL NST cantaaxoktheiwestsbalezor| em ——— COMMERCIAL CARTOONING | e a er WE WILL SELL SUBJECT: the northwest quarter on section 5 The well of the Lane Syndicate on! Get in the game and let cartooning a0 : ather con- quarter of se 36 the Domino and New York well is|the Hamilton Switch structure in Ok-| your advertising. Phone your ads to é 86 the De | 2100 American at 2c nulgee county, Okl drilling in black shale at feet reported on| the Tribune. 3-6-6t" a This well is being drilled by the two i ning and ap Ea ee — | 1000: Columbine at 50c companies on a 50-50 basis and looks ximity to ghe Wil Read The Tribune Want Ads | 1000 Domino at 18¢ good for a producer, according to the a producer in | 4 geological formation | noma. ‘This test will 5000 Hutton at 214c 1000 Royalty & Producers at 43c 1000 Mike Henry at 644c 1000 Picardy at 1514c 2000 Glenhurst at 6c 1000 Lusk Petroleum at 24c 2000 Bessemer at 43c 2000 Amalgamated Petroleum at 1)c 1000 Tom Bell at 23c 1000 Wyo-Tex at 15c 1000 Wind River at 6c 500 Western Aeroplane at $10.00 WILL BUY 3000 Domino at 15c 2000 Bessemer at 39c 5000 Royalty & Producers at 41c 2000 Glenhurst at 514c 5000 Wyo-Tex at 13c 5000 Hutton at 2c 1000 Cow Gulch at 43c south. {be of great On the northwest corner of the x to the Elk Basin west quarter of 5 the | Consolidi roleum company which Emery Oil company is 2.410 feet and] has 160 son this strueture and to making good time. The shale is stand-|'he Preston Oil company which has an ing up well and this hole has had very jeishty re ttle cave to contend with. | {within t JAMES A. McKNIGHT NEW YORK CITY Oil. Mining, Development and Financing 105 W. Fortieth St. ion > lease in the Phone 1127-R Stahl The Tailor Announcement ‘exus company is spudding a tes north central part of section $6, and across the line on the next | L4CCOOOCO6O600000000000000060000910 90006 POCO06OH OOOO? Bargain Wednesday The Gen 1 Petroleum company Lal setting the 1 inch casing at 600 feet | on section 31-28-86. On the southwest) As you now know, we are offering Specials every Wednesday, and on that day of this week we are running a Big Special $ : Horn ene aati tant (a dele $ 3 4 For Workingmen See our rear Center window for these Special ing 2 feet and this hole had a small showing of oil at the northeast quarter of the ready for the toc ci and Hi 1 company on section t 2,800 feet 1 2LIODIFLDD9 IID DOEOLEIEONOEHOOEDODOOOOOOOELOED DD OOOO O09 290000 i the Producers & The vuthwest in No on the sume company corner of the 1 $5 bbls, natural. , on the southeast corner northwest quarter, the same company found 18 feet of » and a heavy gas flow, and on the nort . torner of the northeast 4@ school ion 36-26-87 the sume com We are now located at School and Walnut Streets. Phone and we will Henning Brokerage Company J. A. Howlett (Private Wire) J. J. Giblin pany has a 5,000,000-foot a ¥ “4 ell now ubor Ht sees Retine Bveikoni ection Offerings. 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 ) fect on the northwest the Emery Oil company has u riz completed and ready for tools and on section 11-25-87 the Domino and New York Oil companies have a rig up. Over on the Mahoney dome the Mahoney “syndicate has its well on section 5-25-87 shut down, waiting for better weather On the southwest r f the north West quarter the:G ul Petroleum is | drilling at 2,500 feet, and on the north of the southeast quarter of section 5-25-87 the Midwest is drilling at Oho, fect. ThecGeneral 'Petr well on the southes yutheast quurter of sect 0 feet and making good time in the big hole GEOLOGISTS OIL EXPERTS Oil Field Maps Blue Prints Explorations Reports ° Wyoming Map & Blue Print Co. : P. 0. Box 325. Rm. 10, Lyric 6-87 is ubout 1,6 On section 11-25 call for and deliver your Cleaning, This will be a real event for the working man, as we will be offering merchandise that cannot be duplicated at prices offered.on any other day. Pressing and Repairing on short no- C . . N . N . . : . N . . . . N N N TAYLOR & CLAY, Inc. fy : : N Lester Brokerage House Specializing in ° \ , N " 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 are the only Brokerage Company in Wyoming with New York Stock Exchange Connections. Private Wires to Casper, Lusk, Chian, Rawlins, Denver ESIISSTIA TS # NEW YORK OIL 156 N. Wolcott Phone 1142 CLP EELELEZAIALAAL JALAL be The Home of Hart Schaffner & Marx Clothes VRP ODI DOOD GPL ODL DD BIDS DOO OOO ODO. PLODELOD IS OOOSSODOP DLO OPODOODODIOD OOD OOOO DOOD PODS OSH ODIO OO DIOL SE MOE GOO DOOO OSSD