Casper Daily Tribune Newspaper, March 15, 1920, Page 4

NATIONAL WORKIN BON EXTENSIVE SUPPLY BASE HERE FOR FIELDS| Casper Is Location for “Headquarters of Concern Do- ing Mammoth Business with Oil Companies; Great Improvements Now Under Way Here The National Supply company, which shares with the Oil Well Supply company the distinction of being one of the largest supply companies in the northwest, is going ahead with work here on what is to become iis headquarters for all business transacted over several states on tracts located close to the business section of the city. One| tract has.a frontage of 400. feet on Market street and the industria! trackage; of the two © railroad jines bounding, it on the west end and’ the other tract consists of two plats located on each side of the track and just east of the new storage warehousés and yards built by the Midwest. In the south part of the National’ tract, near the business district, three-story office building and store reom will be erected while on the north side of the same plat, the foundation is now going in for a steg] and concrete warehouse of large c: ¥. The office building will have a storage room for smaljl parts and light material on the ground floor and at the street level. The | main entrance to the building opens into the store itself where the regular stock of a well-equipped supply store will be found. Above’ the store,’ the upper floor will be given oyer entirely to the official headquarters for the Na- tional’s officials for the Northwest ter- ritory. The other tracts near the pres- ent warehouses of the Midwest will be used for pipe and tubular goods only and no building will be placed there at present, Both the warehouses and the office building will have unjoading platforms | on the industrial spur track that will be on a level with the floor af a car an dihe plans call for numerous labor sdving devices in connection with the loading and unloading of material that will bring about considerable sa™ x of both time and expense in the handling of goods. In the warehouse, two crane- ways will handle all heavy material, | such as éngines, cables and the Jike, from the doors opening on the loading platform to the storage bays. These heavy objects will be lifted from the by a ationary boom crane mount- on the lonadi tform in such a way that it will » both doors that open on the. craneways inside the pbuild- ing. The warehouse feet to the rafter: head robm t ea | nterior will be 17 lowing plenty. of permitting the. stor- age of hig d material resulting in the ultimate saving <* floor space. Since he cranes and other labor saving de-/| s will be used to handle all mate-j; the use of man power will be re- a minimum and ‘the matter’ ither a bigh pile or a low pile of storage will not affect the work done); by the handlers and warehouse men. t the side of the warehouse and} aced a structural steel | dling heavy material | is to: be stored in the yard. This e that has'a factor of safety of over 90 per cent. The same factor is counted on when instal- ling the other cranes and elevators of | the plant. The electric craneway. will unload boilers direct from the car with- out the use of skids or other appurte-| Setsey on Friday applied to the New nances usuglly made use of in this ope-| York stock exchange for permission to ily to load arehouse be + ae will sible: } an deliver material di- of the vehicles Another innovation is projected tor! yards here instead of | skids running from car to; asings will be lifted from the by boom cranes and swung either. he pile or loaded direct without the of skids, “Phese boom cranes will be, ted by a gasoline power. plant cen- located so nipe lines. OSAGE TOWNSITE BOOMS AS DRILLING CONTINUES, Word has been received from New- » that the Osage townsite is on boom, This new oil town in the stern part of Wyoming is “looking if the sale of property in. this 1g town is any indication. ‘Two ois recently were* bought by parties who will erect a hotel, it ig said. Two lots have been given to the editor of the Upton Gazette with the understand- ing, that he is to start a) newspaper there in afew weeks, Pi tne eT et JAMES A. McKNIGHT NEW YORK CITY OU. Mining, Development and Financing 105 W. Fortieth St. j.erude oil are keeping from the « am or truck —eumulative non-voting sthiren Stock. ¢ pted by Wall street as an andj indication that the company intends to end of the Prhis, is: ac as to reach all the MARKET GOSSIP AND FIELD NEWs Wyoming Drilling ing Trust Gets Oil! Showings in Poison Spider Well Officials of the Wygniing Drilling Trust are very enthusiastic. over, oil showings found at @ depth of 800. fect of in the company's well on the NW% N% of N% of NW%, 11-33-83, Poison Spider field. Samples haye heen taken end will be sent to a metallurgical con- cern in Pueblo for analysis. In the mean time the company will proceed with its drilling deepor. Elk Basin Earnings Increased. Aeguisition by the Bik Basin Consoli- dated Petroleum company 6f the Mu- tual Of! company means ani addition to the revenues of the former of more than If per cent upon its entire outstanding capitalization of $9,000,000. The earning power of the Mutual company is con- servatively estimated at $2,250,000 ‘a year, especiaily as it will have under the new ent an ample supply of crude—something which is has never had, especially for its two Wyoming} plants. The Glenrock refinery has hitherto} heen forced to depend upon certain rey- alty ©! from state leases in the Big Muddy field and the small amount that was purchasable jn the open market. It is now stated that thru a trading ar- jrangemént a full supply of Big Muddy crude will go to this plant in return for | which the Elk Basin company will siyp- wiy the Midwest Rofining company with oil from! its Elk Basir, Grass Creek and Roek Creek holdings. Kinney Declares Diyidend. Directors of the Kinney Oil and Re: fining company have declared a quar- Royaity & Prod. "toi Sunset — | Sand 34s |Tom Bell Royalty . Gates Wind River Refin 2.00 2.04 05 06% | TWO MORE COMPANIES T0 ORILL HOLDINGS IN THE BOLTON GREEK Ol. FIELD With the entrance this week of the | Victer-Wyoming and the Chappell Oil | Companies into the Bolton Creek field, more activity and drilling operations are in the offing for this new field and in the proven anreage, being ‘close to } the land on which the Poison Spider- Bolton Syndicate brought in their weil, ‘The two companies have ordered a com- —— \ ing held in the offiee of the company March 16, declared the regular quarter- ly dividend of 21-2 per cent, payable on April 20 to stockholders of record April 16,-19 | Mexican Petroleum | Texas Oil 250Hlk Basin ~~ 2.60Lander -.-- 4, 1.84 3.60 ‘Midwest Refining _- Midwest .Common -$178,00 $174.00 1.50 2.00 Midwest Preferred _. 1,50 5 2.5 1.45] Merritt ...-22.--_- 21.00 : 21) Gletirock Oil 3.37 68.62} Cosden ~---_~. 8.87 1.50 1.52) Okmulgee P. & Ru. 62 48 © 46) Elk Basin 10.00 20.22! Salt Creek Prod. Assn 51,00 Prante Corp. 9.50 8.76| Western States 0. @L-.. . .75 Groat Western Petroleum AS 15) Prod. & Ref, Com..--.-- 8.75 New York Stock Buctiangs Stocks $182.50 $187.00 199.25 210.00} 4300 00 98.75 99,87 per cent 396.00 90.66 | 39.40 | — ned 89. ss 44 12 4th 4%'s — 0, Victory Loan _ es ot, 86 WiosiNG CRUD E OIL MARBET $2,f0Grass. Creek —. --$2.85 2.35 2.80 1.25 plete camp and outfit from the Big Four | House Building Company, to be erected’ in \the’Bolton Creek field. The first weil the Chappell com: pany is to be @ on. the southeast | of the nortweast quarter of section 9- 29-81, while the second well is planned | fo rthe northeasr or the southeast of section 9-29-81, The Poison Spider-Bolton has either Arilling or expects to drill four wells, Making a total of six wells to be put’ down by these ‘three companies. Ap- proximately 25, 000 feet of casing is on the way to°this field to be'used by these companies. ‘The Poison’ Spider-Bolton Syndicate has. ordered two more strings of tools for this field, to be used for shallow well) drilling, Feces eats AUTOMOBILE OWNERS—Save a few | hundred thts year. See our ad this ambos | UNIVERSAL CHEMICAL Co. 3-13-10 \ Read the Tribune want ads. teriy dividend of 2 per. cent payable|# April 2 tg) stockholders of record of March 20. Earnings of the company, in View of recent advances in the price expected to begin within the treme cold w eather, Standard to List Stock. The Standard Oi] company of Ne list $98,338,300 of .its ae Fi) shares, @ like, amount..of 7 seek a bro: ler market for its securities, to trucks and teams so} Which are now limited to the curl) mar Consolidated ‘Declares , Dividend. The directors of the Consolidated Roy- | alty Oil poe at their regular meet: CHECK THAT. COLD RIGHT AWAY Dr. King’s Now Dissavery bas relieved colds and coughs for fifty years was an uousually pigh quali sole. sri } | | | i ea “the | STOCKS 4 A TAYLOR & CLAY, Inc. ND BONDS Full information regarding Wyoming Oils, New Yerk Stocks, Liberty Bonds and other-issues furnished upon request. yowith ‘us. Place’ your buying and sel‘ing orders 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 Gonnectiens, Private, Wires to Casper, Lusk, Chian, Rawlins, Denver up at a satisface tory rate and production from the com: pany’s property in° Kentucky’ may De next sway will- he equipped with| month." Operations in this district are i v1 confined to shallow drilling and have Leen. seriously interfered with by ex: per cent ou s Par Value 10:cents 4 ERS lease is directly in erty. this spring to handle th and issue your stock. the field, ROCK CREEK | PRODUCERS OIL CO. CAPITAL STOCK, $50,000 , Fully Paid and NonAssessable FOR A LIMITED PERIOD OFFERS A 20% STOCK | BONUS ON ALL SUBSCRIPTIONS The Rock Creek: Prochicess i Company is organized under the laws of Wyoming and approved by the Blue Sky Cemmission. The Company owns a-lease from’ the State of Wyoming. on “SEC- + - TION 36, TOWNSHIP 19, RANGE 78, CARBON COUNTY, whichis a School Sets in what is won as the Rock Creek Oil Field, which is regarded by informed oil. men as having field in ip state. ROCK CREEK FIELD has been developed principal- ly by the Ohio Oil Company. The large oil compaixes have most of the inside territory leased at enormous figures. ROCK CREEK PRODUC. the path of development and production, being sit- uated on the Axis of the Anticline which passes ditec A refinery is now being built Lain and aie newb e production from this field. STOCK IN THE ROCK CREEK PRODUCERS C 0.M P A NY- ‘ should be worth many times its par value in a few months. . The First National Bank ‘of. Lei will accept your bse We will gladly send you 4 prospects of the Company; also. ‘map. ms the making of the second largest “ll mn ht =e for “eac! as fx ach “tog hares present time sion vee reais t 1 lesion Jess than 10,00 m i starting a well on holdings in section | 18-40-78 of the Sait Creek field within | what is considered to be proven terri- ; tory. ‘OHIO COMPANY NOW WAS. "DOZEN PRODUGING WELLS “IN OK GREEK ‘FIELD ROCK RIVER, Wyo Wyo., Mareh 15.— The daily production of the Ohio Gil company in’ the Hock Creek field, has been increased to 3,000 barrels by the wringing in of state land well’ No, 2, | good for 125 barrels dafly, and Diamond well No. 3, good for 800 barrels daily. The campany ‘now has ah even dozen | producers in the field, ‘BRAZIL ASKS ALLIES 10 (By Associated Press.) RIO. DB JANEIRO @y announced that Brazil will | for torpedo boats of greater dim and armament than the seven former. German torpedo boats of 200 tons re- cently allotted aut at Paris, | it GEOLOGISTS. OIL ERPERTS| genie ane Blue Prints ns rf & fry tke tly eee the prop GVE LARGER NAY BOATS allies her by the Supreme. Reports ae! = fies SF abandoned jt Peach the unoceuping Salt Creek on foot to make headwa, 4nd finally, when exhaustion and bo tae and in started a seaet the night, es below Fanch on were upabje P PAN: 1.00] pomplete its first well in the Ferris ty, the Cow Gi 9.00 fleld in the next few weeks and js also, 4cres. extremely located aaah This ig! and summoned fe been drilled. . Lad eit my oe oS @ars Were frozen Peach, Free one. of his hands severely fros the but Kees-n escaped eyen frostiite Contracts Wyatt-Wolf Motor Co, Call Temporary Office Wyatt Hote] Dealers—Federal anc Re. public Trucks feller,’ Ir., as a | He certainly on wonders ‘Botan Neshvale Southern “ palin tie be Wiese | kerage Co. and Public Exchane: WE BUY AND SELL WYOMING OIL STOCKS sera ow stocks with us, we can handle them ona 1e- mi Our eae ‘are but one percent peeves We coach the purchase o' Royalty® Mee Prades te : Picardy, Domino, “ell Bessemer, Sopot and Coton Golinn Sroticate Ui _ These stocks will make pie nice CSIMENT SW yccomeei the 4 EY. al or aoe ins nt rr WE ‘WILL SELL SUBJECT: ia Bolton Syndicate Units, $50 ea. ik Petroleum at 21c_ . - 2000 Ama! ted P, yy asd Antigua . Siecdat ined at 1%e iy aE Producers at 40c ey at 6c Gieshar at 13c _ lutton at 2c 1999 9 Gan Gulch at 43 NEW YORK OIL 156.N. Wolcott Phone 1142 M\WOerweevsres sea IIa TSS: