Casper Daily Tribune Newspaper, March 11, 1920, Page 4

MEXICO (5 NEW OUL FRONTIER : Today’s Markets by Wire: Furnished Daily by Taylor & Cl & Clay, Ground Floor, Oil Exchange Building, Casper, Wyoming Local Oil Stocks Williams, E, T--- 1.84 1.87 Bid Ask | Western Exploration ., 3.60 8.76 Amalgamated Royalty $ 40, Wyo-Kans 2.95 3.10 ‘Atlas, = ‘o7 | Wy O-Tex Ag) 15 America Holds Most Conspicuous American ... js Oe Re RAS RE | er 7 Part in Development of “Front, | Bosemen ao 36] New York Cary Siccks Line” Now Moving Sand Hills Clad se one eon Burke Oil | Midwest Refining ~------$173.00 $175.00 Southward Big Indian | Midwest Common 1.50 2.00 Buok Creek — =. Midwest Preferred - 1.50 2.50 BY RALPH H. TURNER Black Tail peerritt Glenrock Oil Cosden —--- Okmulgee P. Elk Pasin Sait Creek 5 | Western S' Prod: & Ref., Com Columbine Consolidated Ro: Cow Gulch ited Press Staff Correspondent.) TAMPICO (By Mail).—The oil frontier is moving southward. jVhere it will be tomorrow—neither the magnate nor his} Elkhorn -- scout in the field will hazard an answer | Frantz Corp. ---. to that question—but today the front?Great Western Petroleum— 50 L FAMINE IN U3, PREDICTED Petroleum anne Seek Way to Prevent Depletion of Na- tion’s Supply CHACAGO, March 11.—(United Press.) —Ways and means of overcoming the threatened oil famine which is predict- ed to come this summer, along with other vital questions of the oll indus- try are being discussed at the first annual convention of the American Pe- troleum congress which is fn session here More than 5,000 magnates, represent- ing oil interests from all parts of the country are In attendance. Among those scheduled to address the congress are | Senator Robert L. Owens, Oklahoma; dent”; Milward Simpson of Co#7; foot- Beside the father; ‘{bair captain-cleets G. William | Penlandj Thomas; rive! tn ‘Jot Baggs, president of the Y, M. C. A and Gregory Smith of Sheridan, athlete and saxqphane Areata. nd artist. JOHN MAHONEY DES DES AT - = LANDER, BURIAL HERE, ‘brothers, Wiliam Ear and Dail, ‘th iH 15TH |Deputation from State ers co nae Make ore ees vl High School, Big Time Plann, ie i $ John Mahoney, aged 17, son of M. J. Mahoney of Casper, died yesterday | at, Lander after a long illness. The} body will be brought here this after! noon and will be-buried in the Casper) cemetery beside the grave of his moth- er. A hort service will be held by Father Mullin at the Bowman chapel. | | Students of the high school are an- ticipating with, pleasure tne -visit of the Tactless Team of Ten Transient Troubad¢rs, a deputation team of young men sent out under the auspices of the University of Wyoming Y. M. C. A. for a ‘tour of the eastern and north- ern cities of the state. The team is essentially’ the same as ‘With Your Blood ‘Supply page Invite Disease. oe great ‘vegetable Blood medi- |the one which appeared with guch. suc- your blood and cess last year in Laramie{ Rock River, ie Hauna, ‘Rawlins, Green River and Rock “any ‘atiatba, that t your "blood Bag new ee Springs, ‘The best entertainment ever bade EE e moods it just now ae given jn this city” said the Green River]; that there = ean ol i ite eethen it at cOBMibion Go Star, in reference to the 1919 visit. strong and vital fores. Ure drab ste Aad pave bose Present plans call for @ . university | booster rally at the high school on the By keeping your blood aoe | pape eas obtain 7% a » : your system page easily wards of disease is ever present, wait-|out cost ing to attack wherever there is an|rector, S morning of Monday, arch 15, and for a public entertainment wnder the fe Be pesjcal Di- Swit Sp Swift ines are at Tampico, down in the semi-| Hutton La! 3 - . “5 jauspices of the student body on the opening. tropical, malarial lands of Mexico's east| Jupiter —- New York Stock Exenangs Stocks | M¢n fee money B: Aen sere sown: | srseene. of the same day. - A few bottles of S. 8. 8.,| Laboratory, 4 coast. And the same types who blazed] Kinney -- Mexican Petroleum -----$189.00 $188.75 liana: Richard H. Lee and seit gt ek ge Sitios ep Sap -cpmmied ys Four UAE the way at Sistersville aha Bradford, on | Lance Creek Royalty - Texas Ol) 197100 | ser Nop EREK BORE Amore oe renee Paul Easert ot Jaramie, yell Isa, vee +o er, d ic rama . to Robinson and Independence and down to Tulsa, Beaumont and Shreveport, are h the explorer. The story of Tampico is a story of} Picardy --- oil and in writing that story the Ameri- can has played the most conspicuous} Royalty & Prod. part, a part which cannot help but bring a sense of pride to the American who/Sand Hills -- sees for the first time the magnitude of |'Tom Bell Royalty - the enterprise which his countrymen Gates --------- are carrying forward today in the great- st oil field of the world. Tampico is about six miles up the Panuco river, which empties into the Gulf of Mex at the southermost point} of the state of Tamaulipas. Oil fields are both to the north and south of Tam- pico. No sooner, however, has your ship crept over the shallow bar at the mouth of the Panuco thin both the eye and the nose are greeted by evidences of petroleum. The smell of oil is in the signs of oils are on the land and in the wate: At the entrance to the Panuco, strand- ed on the rocks by the caprices of a heavy norther’, is none other than John D. Rockefeller, John D. in this case be- ing a tank ship: The swell from your boat carries on its crest the stains of heavy crude, spraying it against the hulls of huge tankers whose sterns bear the names of home ports—Bayonne, or perhaps Los Angeles. These tankers seem to line the river, but a peep past th decks reveals dock construction, ter- minal facilities, filling stations and other installation that serve to empha-} size still further the size of the oll pro- ducing job in Mexico. As the eye moves to the banks of the river, it catches sight of great storage tanks and of tank cars taking their place on railway sidings. River craft of every descrip tion plays its part in this great indus-' try, but most conspicuous, next to the tankers, are the scores of gasoline launches—the property of the oil com- panies, darting about with a fearfully busy air—and the’ enormous barges, of- fering a marked contrast to the launches, as they move slowly, deter- minedly down the river with their car- goes of wealth. A trip to the fields provides the cli- max, but this isn’t necessary to demon- strate the forcefulness of Franklin K. Lane's statement that “this is the age of oil.” You already are convinced of this and you are convinced, too, that Tampico is a, wonderful monument to American enterpris All of thig specta it is true, does not represent American development The British have be heavy investor in the Tampico district and a Brit company, El Aguila, is believed to pos- sess the greatest production. Of the total output, however, nearly thr fourths is produced by Americans; American companies are vastly in the} majority and American nationals com pose the largest part of the foreign pop- ulation. There | re between 2,500 and 3,000} Americans in Tampico—in the town proper and in the field. They're all| here—all of the oil fraternity—from the colleges trained geologist, who reduces the magnate’s gamble to the minimum, | to the sweating, cursing tool dresser | and driller, out in+the field “bringin’ in a new well.” | Foregoing the comforts of home and “taking a chance” in more ways than | Hynds Building: one, they're pioneers ,all of them, blaz- ing the oil trail cee the continents RADIUM MILLS START OPERATIONS AT LUSK; BIG INDUSTRY LOOMS The Lorimer Minerals company mills at Lusk have made their uranium ore and the town is expected to take its place soon as one of the largest radium shipping points in the world. The plant, which was recently completed, will be kept in steady ope tion and an extraction plaut will added as soon ‘The Lusk mjnex are said to be amon the richest ever discovered. The mines and mills will have a considerable pay rall and development of the property expected to result in the establishment of a great industry. he 3 equipment is available. e today pivneering with the zest and] Mountain & Gulf. persistence that have always marked|Mosher Oil - expended $22,000 in the fight for legis- lation to curry on the illiteracy cam \ paign. nS ae first run of} Lusk Royalty -- Lusk Petroleum Sinclair Oil — U. S. Steel, Call money- ----7 per ‘cent Outwest -- Liberty Bonds 5 | 344 "s $96.20 Ist 4’ ; | 2nd 4 jist 414 2nd 43 Brd 4% |4th 4% , | Victory Loan — E OIL MARKET Riverton Refining Corp. Sunsét Wind River Refining = WYOMING CRUD Rock Creek 3 -$2.50] Grass Creek - Salt Creek 2.50} Elk Basin Big Muddy 2.50} Lance Creek - 2.60) Lander Pilot Butte DUTHIE BRINGS. MARKET GOSSIP. INS. C, GUSHER ANDFIELD NEWS = n Oil Copa Pays $25,000 for Lease on Humphreys Ranch, Lance Creek Union Oil company, according to a Lusk report, paid ,000 for a lease 590/0n the Humphreys ranch 19 miles ; filled all | northwest_ef Lusk in the Lance Creek shut | region, the land being owned by Mrs. have | Kathiene and William E. Humphreys. tt Oil Struck at "2,490 Feet. on Sec- | Unio tion 3-39-79 Flows 500 Bar- | rels in Three Hours etion 79; The dr} flowing The Duthie well on in the Salt Creek field we terday at a depth of 2,490, ba is in three how tankage capaci in. Additional Ween ordei her the well will make mi The well is owned | 7. the Duthie Shipbuilding Seattle, Wash. Hamilton Dome Well Is Good The Petroleum Producers well N on the Hamilton dome near Thermopo-} lis, brot in a short time ago, is ex- pected to make about 150 barrels and 6 Regulations for Refund Made. Strict regulations were nesday by the bureau of internal reve- of company | funding taxes on stock dividends, the collection of which was held unconstitu tional by the supreme, court. In applying for over-payments due them, individuals must set forth details of the stock dividends received, is considered a good producer. Three | together with a statement of any subse- other wells are being drilled, one of quent sale of such shares, and must which is expected in by the end of the/ present statements from the corpora- month. tions which distributed the dividends as SESE a | to the amount paid and the year. When |the claims are verified, the taxpay charge credited against any tax install | ments to which they are Hable. It is expected that the amount to be funded by the government will be atly by crediting against in- this year, the first instal!- ment of which is due Monday. ISSUED STATE CHARTER CHEYENNE, Wyo., ticles of incorporation we: office of the Wyoming | state Wedn dd Mar. 11,—Ar- > filed in the secretary of lay by the Wyoming Live- York Oil company has. its drilled jointly with — th New being well {stock Loan Com capital stock | $600,000, headq Cheyenne; i-| Pomino down 2870 feet in the Ferri sackike“Geonme B..McClellan pf ‘wor. | zelda: 2 South Casper creek wel land, Richard May @f Lovell, L. R. A.| 1% down 2450 feet, this being the deep | Condict of Barnum, J. D. Noblitt of | test Well in this fleld. Cokeville, Mart O, Hibbard of Buffalo, 1’, W. Jenkins of Cora and George Mer- rill of Thermopolis. Other officers of MANHATTAN the corporation follow: Fred L. Crabbe of Cheyenne, president and general TAXICAB CO. H. manager 5. Holdredge of Thermop- olis, vice president; Guy A. King of Sheridan, secretary-treasurer. King, Under New Management who has been assistant stat xaminer in charge of the “blue sky” depart- ALL NEW CARS ment, Wednesday tendered his resigna- tion to State Examiner I. C. Newlin. The corporation's offices are in the Phone 34 Day and Night Service BARGAINS | IN USED CARS Hudson a clubwomen Shave raised and Kentuck CASPER LIKES INSTANT ACTION There has never been anything to compare with the quick action of simple witehhazel, camphor, mixed in Lavoptik eye wash. with inflamed and watery Four - passenger her eyes are bright and cle: using Speedster, two extra tires. Lavoptik a very short time. In an- other ease five applications produced | nee negeceaee Hudson great benefit. We ntee a small closed Coupe, wire wheels. hottle to help ANY CASE weuk, strain pe, h Five-passenger Dodge. Two-ton Diamond T trucks. Three and one-half ton Diamond T trucks. FWD. ed or inflamed eyes. C: —Adv. ‘asper Pharmacy CHICHESTER S PILLS {AMOND DXA Spanish women do not like to invite a stranger to their houses. Most of them smoke cigarettes while eating, ———_-__- for “Trail of the COURT HOTEL 4. Farrell, Prop. American Express Office Watch Arrow."" Mrs. W. Over Phone 52 All Rooms Modern. By Day, Reasonable lates Week or Month and are | inclined to resent any word of criticism. j 529! es, sealed, with Bh Pati q , | FR) SOU Fas ne crner, Hay of zeae, ‘ Five-passenger Chalmers. i de Henown as Dest;Sofeat, Atos Wout All the above in good run- 1» Always Reliab i SOLD BY DRUGGISTS EVERYWHERE ning shape and tires in A number | shape. Will sell on time or trade for reaf estate. —SEE R. N. VanSant TYPEWRITERS Bought, sold, rented, re- paired. Dealer, CORONA—L. C. SMITH Casper Typewriter Exchange 4 . e 101 Wyatt Bldg. Phone 856'||| Hetining Hotel Casper, Wyo. issued We.l- nue to safeguard the government in re- full Joseph W. Folk, St-/kjine of Pueblo, debator and comedian, Governor and shall. “A greater shortage John D. Reynald: sociation said. ; ,|retary of the ¥. M. C. A:; H. C. Dale, is imminent.” professor of polivical science: Charlie €. seeretary of the a8-| Young, editor of the “Statistics -show that} oil has fallen off 50,000,000\ ment of the companies whose stocks barrels, Now there are not more than/are sought to be listed, that will strike 13,000,000 barrels in storage and thelat fraudulent oil promotions,” monthly depletion is estimated at 10,-| Renick said 000,000 barrels.” “Unless some unforeseen pool devel- and production is increased, the! petroleum securities, fon will depend entirely upon oll as; will be traded in. from the ground,” he contin-; this shortage will have con-| effect on manufacturing in- tivity in drilling new pools.” thruout the country. We are of crude dustries here to solve this problem and to en-} Plans are under way to rid the coun- oil se-! | York Petroleum exchange | ing Influence in the Oil; was the subject. of an ad-; dress today by Felix Tenick, secretary | of the exchange. “The objects of the exchang nick told the United Press tod: {clude the establishment of rigid ulations dbase: oil fake y of fake promoters, 26-| list- 0 1 happy smiles, white Yy teeth, good appetites and digestions. Its benefits are as GREAT as its cost is SMALL! | | | | {t satisfies the desire for Sweets, and fs beneficial. foo. Sealed Tight 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 oh up-to-the-minute quotations. We are the only Brokerage Coitipany in Wyoming with New York Stock Exchange Connections. Private Wires to Casper, Lusk, Chian, Rawlins; Denver neral Harry L. Rogers;| archie Heigert of Pueblo, and Sam “rank ©. Lowden of Ilinols | Hitchcock of Laramie—the delegation Vice-President Thomas 'R. Mar-| wi) include W. T. Watson, general sec* “Wyoming Stu- during the last 18 months the storage | vestigation of properties and manage- the exchange contem- plates erection of'a building in the fi- jnancial district of New, York where | leases and stocks. WANTED Young man, with six years’ experience in the retail iiet- chandise business, desires to get connected with a firm that requiifés the services of a man capable of handling au execu- tive position. Thoroly acquainted with all detail work. Em- ployed at present in that capacity but desirous of mailing a change. Box 109, Tribune. Carnes Brokerage Co. and Public Exchange + PHONE 1147-1345 OVER IRib THEATER WE BUY AND SELL WYOMING OIL STOCKS List your’ stocks with us, We can handle them on a re- darkably low margin. Our commissions are’but one percent of amount involved. FOR SPECULATION: aia the purchase o _ Royalty & Producers, Bessemer, Picardy, Domino, Outwest, * Sunset and Casper | Bolton Syndicate Units. Thesé stocks will make you some nice money ina short time. thie purchase of FOR INVESTMENT: We recommend E. T. Williams and Consolidated Royalty. WE WILL SELL SUBJECT: 2100 American at 2c _ 1000 Columbine at 52c 1000: Domino at 18¢ 5000 Hutton at 214c 1000 Royalty & Producers at 42c 1000 Mike Henry at 644c 1000 Picardy at 15%%c -20 Casper Bolton Syndicate Units, $50 ea. 1900 Lusk Petroleuim at 2ic 2000 Bessemer at 43c 2000 Amalgamated Petroleum at 1¥ac 1060 Tom Bell at 23c 1000 Wyo-Tex at 15¢ 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 40c 2000 Glenhurst at 6c 5000 Wyo-Tex at 13c 5000 Hutton at 2¢ 1000 Cow Gulch at 43¢ Henning Brokerage Company J. A. Howlett (Private Wire) " J.J, Giblin All Local Oil Stoeks Bought and Sold New York Curb Stocks Carried on Margin Flat 6 Per Cént Interest Rate Information on All Stocks Cheerfully Given Office: Henning Hotel Lobby Phéne 1040-W Os ieee N \ \) ™