Casper Daily Tribune Newspaper, March 24, 1920, Page 4

MARKET GOSSIP AND FIELD NEWS Denver Men Lease Quarter Section in Rock Creek Field for Early Drilling Morgan McQuay of Rock Creek has} Teased to Newton brothers 160 acres in} section 4-19-78 for a/cash bonus and royalty with drilling to commence in six months. section as the Hutton Lake well, the Grilling of which has been resumed. Piney Claims Are Leased A. G. Burritt and associates of Salt Lake City have leased part of the hold- ings of Leo Ball in the Piney field, Lin- coln coun Yyoming, consisting of section 8 and section 34-28-112. Deep drilling is proposed by the Salt Lake interests. Wyoming Company in Kansas | The Petroleum Oil fields and Wyo-| ming Apex Oil companies have started drilling additional wells on their 620-| acre lease at Cherryvale, Kansas. This} lease already has ten producers which | are operated by a single power system} of gas from the wells. The oil is selling; at $3.50 a ba 1. The new wells now} drilling are largely offsets to present producers and are, therefore, pretty cer- tain of results. The first sand is at about 720 feet and from this sand pres: { ent production is coming. But a deeper and richer sand, probably the Bartles. ville, apparently underlies the structure. A deep test is to be put down in the near future. Other 4rille: are get-| ting gushers in the deep sand. | Royalties Company Extends Holdings Lance Creek Royalties company has just closed two leases, one for 1,600 acres and one for 2,600 acres, located near the Hull field on the gulf ‘coast in Texas. Both of these leases were taken on after a thoro examination and strong recommendation of Harrison & Eaton, | géologists. | Union Company in Osage Field The lease is in the same| ‘it Indian | Buck Creek | Black Tail _ |Columbine |Consolidated Royalty | Gates. | | |: Today’s Markets by Wire : Furnished Daily by Taylor & Clay, Ground Floor, Oil Ex e Buildi ,. Wyoming change Building, Casper, Wy 1.84 3.65 1.12} 2.35 | 4 .39 , Midwest ‘Refining --. AT) west Common 1.25 Midwest Preferred — «19, Merritt Salt Creek Prod. Assn.__ Westerp States O. & L.. Prodi & Ref., Com. New York Stock Exchange Stocks Mexican Petroleum -$198.00 $194.00 Lusk Royalty —_ Lusk Retroleum Mountain & Gut Picardy -— Riverton Refining Q Royalty & Prod, Corp_ chin! ith 2nd 4%’s 3rd 44's 4th 4's Wind River Refining ~ Victory Loan WYOMING CRUD © O1L MARKET $2.75 Grass Creek - 2.75 Greybull - 2.75 Elk Basin - 2.75 Lance Creek 3.10, Lander Tom Bell Royalty Rock Creék ~~. Big Muddy ~. Pilot Butte -. Torchlight .. Mule Creek --. NEW YORK OIL DECLARES EIGHT ‘The Union Ojl. company, the big Cali- fornia operator now drilling Sunset| holdings in the Lance Creek field, has | loaded out a‘rig from its Manville sup- ply base for the Osage field, where it| will begin operations goon. The Union | is one of the first big companies to enter | this field, Little significance having been attached to developments there until | the gusher well was struck in the lower sand. | | Eight Wells for Bolton Field. { There probably will be about eight | holes drilling m the Bolton Creek field, | southwest of Casper, within the next | forty-five days, acording to the plans of different conipanies; which expect to drillin the field. The Chappel Oil Com- | pany is mioving buildings into this re- | m for the construction of its camp. | PEACENT DIVIDEND FOR AUGUST 1 Issue Is Equivalent of 16 Percent Cash on Outstanding Stock as It Will Be Paid on 100 Percent ~ Stock Dividend of Next July ‘ The New. York Oil company, .which was the first of the Wyo- ming companies to issue a stock dividend after the Supreme court de- cision concerning the non-taxing of stock/dividends, today declared an eight-percent cath dividend payable on or about August 1, 1920. | This is not only to be’paid on the present outstanding stock but also on | ihe 100-percent stock dividend declared and payable July 1, 1920. On account of this ruling the dividend pipe have been unloaded already in Cas- in reality amounts to practically the! per while more cars have arrived here 2 | separation of the Iubricating ofl stock. The San Juan Petroleum Company is/same as a 16-percent cash dividend. moving a boiler and other machinery |The announcement today places. the into this field. L. Gokel of this com- New York Oil company in’the dividend pany has arrived in Casper to look after ; paying class to stay, in the opinion of the interests of the company. oit_ men. A rig is going up south of the Poison| Stockholders may also buy one share Spider-Bolton Syndicate holdings in this | of stock at $90 a share for,every seven| field, while to the west another com-|shares held at present and of record pany is 'putting up a zig-. | With the division that for one fraction jef seven shares, one whbdle share is to Syndicate Down 800 Feet. |be allowed at. $90 the share: Certiti The Dakota sand has been reached at } cates of rights must he returned to the | a depth of 800 feet in the No. 2 well of | New York Oil company office before or from the east. I HELP FOR MOTHER | A mother whose strength is oyer-wrought or who is. thin, pale ornervous, should find re- — MT PRODUCED HERE Midwest Experiments with Centri- The Midwest Refining Company is ex- perimenting with a rather new process in the making of bright stocks from Wyoming crude oils and the experi- ments so far give every indication of success. The tests, in short, are a com- bination of filteration and centrifugal | The oil contains a sem{-solid sree} which in turn contains valyable- con- stituents ,such a8 vaseline, cup greases and the like; and/a séries of fine lubri- cating oils has been passed jthrough a centrifugal machine made by’ the Sharples Cream Separator Company, | andywhich divides thé liquids from the | semisolid greasés, ‘This process was formerly carried on! with the aid of heat and when using reat to separate the different cuts, it | was found that a large proportion of lower grade stock that made the result- ant output much higher in price to the © uliniate consumer. This charted por- tion of the distillation of the heavier oil socks has always been an eyesore to the refiner, but no. satistactory means had been devised to Go away with it| until the present tests were undertaken, | The ofl from tke centrifugal ma-‘ chine, where it has beer whirled at! | ineredible speed, comes ‘as a very good | grade of liquid lubricating stock and; without any trace of solid carbon par-; ticles that often cause deterioration to| machinery upon which the oil is used, unless, special care is taken in remoy- ing same. At the same time the resi- dum, whfch in this case takes in the semi-solid greases from vaseline tu hard. cup grease, are retained ahd given off. at another part of the machine, to be refined further in the same manner for their ultimate, marketing. The liquid stock is then filtered and mes’ in this last process, a bright stock, almost transparent; and with a clear reddish | color, ‘much’ resembling bright wine. ‘The result is a grade of oil that will rank with any of the finest lubricants pyt out by any refinery anywhere. ' L. A, Reed, general manager ofthe Midwest refining interests for the whole Northwest, inaugurated the new pro- cess here, and credit is due his efforts for its success and also for placing Wyoming refined stock on the highest the famed crudes of Pennsylvania can- plane possible for lubricating oils. Even not produce a better oil than is pos- sible to be had from Wyoming oil. The new process Is practically a suc- cess and ifs use and the marketing of (its products are only a matter of instal- } lation of the proper ‘machinery and operation. BONUS TO BRAZIL BOATS RIO. DE “JANHIRO-—(By mail.)— Bonuses of $25 to $37.50 a ton will be ‘granted to, ships constructed in Bra- zilian ports. under a new Jaw enacted by congress. i | RSME SETTLE RTO OTE GEOLOGISTS OIL EXPERTS Oi Field Maps Blue Prints Explorations ‘ Reports the valuable hydrocarbons were charred - 9{ and eveh the molecules broken into “DRILLING RULES . Bods Not to Be Placed with 100 Feet of Drilling Well ‘or er AUSTIN, Texas, March © 24.—More rules and regulations effecting: the oil industry in this state are to be promul- gated by the comptroli¢e’s: department and the oil and gas division of the rail- ‘road commission. The, first named de- partment proposes to tax oil leases ahd the ofl and gas division has formulated rules to prohibit the.use of vacuum Bumps and also to revise rule 39 reluting . Hearings to consider amending ‘rule 89 and adopting rule 40 will bé held be- fore the division in‘ Austin on Apri 20, next. ‘i f The proposed ‘revision of rule 39 pro- vides that every oil tank must be sur- rounded by ditch or dike of at least the capacity ‘of the tank. No tank shall be nearer 150 feet to,a derrick ‘unless it is buried, On tank farms each con tainer must be at least 200 feet apart. Open earthen storage is to be prohibited except when the commission spe- Sial permission. Such storage now in use must be discontinued within a rea- Bonable time. This clause will cause gteat inconvenience in the gulf coast pools, Where‘it is impossible to hold back wells until steel tankage is pro- vided. . The cable drillers come in for 4 jar under clause nine, which provides mo force or open light shall be p! inside the derrick of a well. Boilers must be equipped with steam ‘lines and must not be set nearer than 100 feet to any drilling or producing well, This clause hits the coastal region, where the productive area is very limited and boilers and derricks are close together. - Rule 40 states that the use of vac. uum pumps or other dévices»for tie purpose of extracting oi] or ‘gaa from. any well by the ‘vacuum process is EE RAL RE LD BATES ATO EE SE NOT EEE 4 BARGAINS IN USED CARS 1 Four - passenger Hudson Speedster, two extra tires. 1 Buick Roadster, 1919, 1 Gre en, four-passenger Hudson, wire wheels, cord tires. In excellent shape. 1Yton Republic Truck. Will be in excellent shape. Overhauling now. , 2. Two-ton Diamond T tracks. 2 Three and- one-half ton Diamond T trucks! 1 FWD. 1 Five-passenger ‘Chalmers. 1 Studebaker, °7-passenger, inder, m_ fine ‘condi- tion. Priced at $750.00 All the above in good runhing shape and tires in A number 1 shape. “Wilt sell on time or trade for real estate. -R. N.VanSant the Poison Spiter-Bolton Syndicate well | in the Bolton field, {t was announced | from the office today. The 12-inch} casing has been set and the first pro-| ducing sand is expected to be reached by next week. Thus far the structure is conforming in “every way to that found in the first well of this company. One unit pumping outfit was taken to the Bolton field early today and a test of the capacity of the No. 1 well will be oon. Contract for re- building and enlarging the camp has been let to Charles B, Johnson. Ex-Chief of- Police Frank K. Webb is tral competitive bituminous coal field where he has been visiting for some time. A CLEAR COMPLEXION Ruddy Cheeks—SparklingEyes —Most Women Can Have Says Dr. Edwards, a Well-IKnown Ohio Physician Dr.F.M.Edwards for 17 years treated ‘scores of women for liver and bowel ail- ene During these years he gave ie, is patients a prescription made of a few well-known , ingredients mixed with olive oil, them Dr. Edwards’ Olive Tablets. You will normal action, carrying off the waste and poisonous matter in one’s system. If you have a pale face, sallow look, dull eyes, pimples, coated tongue, pe aches, a listless, no-good feeling, all out of sorts, inactive bowels, Reh one of Dr. Edwards’ Olive Tablets nightly for a time and note the pleasing results. Thousands of women and men Dr. Edwards’ Olive ‘Tablets—the suc- cessful substitute for i—now ‘hen just to keep them fit. 10c and 25c. Follow the , Trail of the Red Arrow’ TO THE IRIS TODAY AND TOMORROW Some Trail! Ladies Be Sure to Attend newed energy in every drop of on April 5. { SCOTT'S Favorable report on the progress ot| A getting materials for the gas pipeline | of the New ‘York company was also| M U LSION made today. More than 25-carloads of| Rone Sn aka Ae NL 2 cab eia ei po getline hice PHONE 18 tas! oma lento p! ure. BLONDY’S TAXI! | Scott’s Emulsion is abundant | in those nourishing ele- ments that every mother Chandler 7-Passenger in the land needs. Scott & Bowne, Bloomfield, N. J+ ) “ne ZANE Come aes 141 East Second St., 1.0. 0. F. Bldg.—The Store of Quality TE RRR PRT MoO we TE n NI: Meee gine. sarparcen We offer our entire stock of Suits and Coats at the follou:ing prices We are compelled to offer this merchandise at these prices to make room for goods coming in. SUITS Reg. $37.50, Spec., $28.20 | Reg. $77.50, Spec., $58.10 Reg. $39.50, Spec., $29.60 Reg. $82.50, Spec., $61.85 Reg. $45.00, Spec., $33.75 | Reg. $85.00, Spec.,. $63.75 Reg. $47.50, Spec., $35.60 | Reg. $87.50, Spec., $65.60 Reg. $52.50, Spec., $39.35 Reg. $90.00, Spec., $67.50 Reg. $57.50, Spec., $43.10 | Reg. $95.00, Spec., $71.25 Reg. $62.50, Spec., $46.85 | Reg. $110, Spec., $82.50 Reg. $65.00, Spec., $48.75 |'Reg. $115, Spec., $86.25 Reg. $72.50, Spec., $54.10 .. COATS Reg. $25.00, Spec., $18.75 | Reg. $47.50, Spec., $35.60 ; Reg. $27.50, Spec., $20.65 Reg. $49.00, Spec., $36-75 © i Reg. $29.50, Spec., $21.85 | Reg. $52.50, Spec., $39.35 J Reg. $32.50, Spec., $24.35 | Reg. $65.00, Spec.,. $49.75 Reg. $33.75, Spec., $25.30 | Reg. $67.50, Spec., $50.60 Reg, $35.00, Spec., $26.75 | Reg. $75.00, Spec., ieee Reg. $37.50, Spec., $27-10 | Reg. $85.00, Spec., $63.75 Reg. $42.50, Spec., $32.50 | Reg. $95.00, Spec., $71.75 Regs $45.00, Spec., $33.75 Other Suits and Céats that are not mentioned in the above list are also reduced accordingly. 1940 Wyoming Map & Blue Print Co. i . P.’O. Box 325, Rm. 10, Lyric| | mmm Hotel Casper, Wyo SaaS See — — FORWARD, MARCH We Have Enlarged Our Store In order to better take chre of our ever-increasing busi- ness.. Friday morning will be the opening day of a new Meat Market in connection, which will handle every- thing that. the larger markets carry. Finest of meats, fish and poultry. Our grocery line is complete. / SPECIALS Pearl White Soap, Per box: se Winesap Apples, Per box No, 214 cans Sun Kist Sliced P: eapple, Per can .. : No. 21% cans Per can No. 21% cans Sun Kist Black Cherries, Per can... “ $6.85 $4.10 _55e 55¢€ Sun Kist Peaches; B.&C€. GROCERY Cor. Linden and Beech Sts. ° Phone 545-W ‘PROMPT DELIVERY s Boselly—Jack Carr » Ts A hh hd ¢ g S and g 156 NK. Wolcott Phone 1142 desiring to install such applidnces, may, |wer as upon notice to adjacent lease holders or;tion. The’ operators, file with the comsissfon an for the use #f such pumpa. partment, tend to tion schemes. “An where one promoter filed affidavits to ithe effect that was worth $1,500, The Cold That _ Hangs On_ ene ics. of advertionments, prepared by « pb ith inl ‘plain ig: how éertain ee ak Cough, Measies or even a long continued Cold—o Jeave fevcable is io a ned tems, Aud how Vicks Vases 5 ys \ Rub may be of value in this condition. Faas instande fs’ cited: to: soon es ests. — and relieve the ~' In addi- tion, the médicinal ingredients of Vicks are. vaporized by the body heat. These vapors are breathed in all night long, thus bringing the i¢ation to bear directly upon the inflamed areas. Vicles should be rubbed in over the throat and chest ‘until the skin is red—then spread on ‘thickly and ‘coyered with hot flannel cloths. Leave the cloth- ing loose around the neck ana the bed clothes arranged in the form of a funnel so the vapors arising may be freely inhaled. If the cough is annoying, swallow a small bit of Vitks tie size of a pea. Samples to new users will be sent free on request to The Vick Chemical Company, 225 Broad | Street, Greensboro, N. C, A cold is simply an inflamma~- tion of séme part of the air pas- *saj thfoat, larynxor bronchial tabes just like a soré is an in- flammation of the skins, A long continued cold means constant inflammation and this constant inflammation frequently weakens the air passages so that the: become an easy point of7atta for invading germs of more serious diseases. A “cold that hangs on,” therefore, is simply nature's “red flag” indicating that there is “trouble below,” and this warning should never be neglected, Nightly applications of Vick’s VapoRub will aid nature to clear up that inflammation. Because Vicks acts locally by stimulation thru the skin to cay out the inflammation, attract the blood away from the congested spots z YICKS =... v.20 WVapoRub Against Colds More Than 17 Million Jars Used Yearly Carnes Brokerage Co. and Public Exchange PHONE 1147-1345 “OVER IRIS THEATER WE BUY AND SELL WYOMING O1L STOCKS List your stocks: with us, we'@an‘handle them on a re- : low margin.” commissions are but one percent of amount involved. eae ae Sie FOR SPECULATION: We recommend the Royalty & Producers, Bessemer, Sunset and Casper Bolton Syndicate make you some nice money in a FOR I purchase of » Domino, Ontwest, Inits, “These stocks will Wercpetike cakes a : © rece ie ise 1 and Consolidated Royalty. "WE WILL SELL SUBJECT: 2100 American at 2c ” 1000 Columbine at 48¢ ~ 1000 Domino at 18¢_ 5000 Hutton at’ 214¢ 1000- Royalty & Producers at 39c 1000 Picardy at 15 -. 20 Casper Bolton Syndicate Units, $50 ea. 1000 Lusk Petroleum at 19¢ 4 yaaa at 38 3 malgamated ee at 14%c 1000 Tom Bell at 1 ‘ ks 1000 Wyo-Tex at 15c¢ ‘ 1000 Wind River at 6c 500 ‘Western Aeroplane at $10.00 3000 Domino at 15¢° \ £000’ Hever a Prides 10 Royalty roducers at 37c 2000 Giskers t at Bec $000 Wyo-Tex at 13c 5000 Hutton at I%e 1000 Cow Gulch at 43c 5000 Sunset at 1€c Henning Brikevaty J.A. Howlett. > (Private Wire) ‘J.3. Gi - All Local Oil Stocks Bought and Sold New York Curb Stocks Carried on Margin. Flat 6 Per Cent Interest Rate _Information on All Stocks Cheérfully Given Office: Henning Hotel Lobby ‘Phone 1040-wW _ TAYLOR & CLAY, Inc. bd as STOCKSANDBONDS . Full information regarding Wyoming Oils, New York Stocks, Liberty Bonds and ceney issues furnished upon request. Place your buying and selling order? with us." Complete facilities of our office enables us to pee aes on up-to-the-minute quotations. We are ly erage Co’ i i i York Stock Exchange Gieuoclons. ee eal Private Wires to Casper, Lusk, Chian, Rawlins, Denver