Casper Daily Tribune Newspaper, April 27, 1920, Page 4

PAGE FOUR MARKET 6 OSsiP Frantz Corporation Starts Wildcat in Carter County, Montana ‘ s started The postma: ment ys tc occupied, be 1 jump when the and the government » to lease build- now w said to be ng in town. British itch Shell, It w reported t y that British Hutton 02! New York Stock Exchange interests have 1 control of the} Jupiter - 04] x, Royal Dutch and Transport Oj} NX<inne comy s. Lance Creek Capital of the Transport and| Lusk Royalty Trading compan i with Royal| Lusk Petroleum Dutch, is to be inere y by the illotted in share for The num incre pro} new wrtion of one ‘© shares held at par, dinary shares will be La y shades portion Conspicuc ust a made in strength of Royal Dutch find Shell shares stands out in marke contfast to the recent market action of shares of American-owned oil companies New Well in Okmulgee. A well which was completed Sunday night in se 10-12-18, Okmulgee county, Oklahoma, in which the Com- pass’ Oi! company Denver concern, wns a substantial interest, is estimated for better than 100 barrels. The oil rcountered a D0 feet, and after not rose 600 feet in the casing a reen oil of .38 gravity, the 1 50 a price is barrel Additional tankage is “now g up arrangements are being made to it once seven more wells on ct. This is an easy fiela t¢ the depth of 1,800 feet being ut three wee s Oil compar o ne ting for a seven-tenths interest in » block of et acre Pine Mountain Work Resumed. A crew and truck load of material was sent out this morning by the Wyoming Iexploration Company t Pine Mountain in preparation for the resumption of active work Rawlins T Takes Two Days. A. W. Hall, foreman for the Kasoming Oil Comp: at Rawlins rived here overland last night. It tock| Hall two days to make the trip on M yunt of the condi on of the roads. Hutton The Miil Construction Com pany ha fifty-five horses to its equip T horses arrived bi yeste from yraska on the sur lington lroad. < Road Bulletin | | Siaie Highway Department—Office District. Engineer: Traffic going thru to seventeen mile om the Salt Creek read, but impassable to Salt Creek for trucks Yellowstone Highway (Casper West) Good to Powder River, except a fe holes, which are rapidly improv lowstone Highwe (Casper East)—} Fair to Glenrock, some muddy stretches between Glenrock and Douglas. Hueé snow drifts make road impassable be tween Douglas and Orin. Road impassa ble around Lusk. New a test aka similar issue | same | | of eat Che Casper Daily Cribune : Today’s Markets by Wire : Furnished Daily by Taylor & Clay, Ground Floor, Oil Exchange Building, Casper, Wyoming | Wind River Ref Wi Bid Ask iams, 30 $ : toston Wyoming. Open Close all thru/Sand Hills Midwest. Refining_ -$151.00 $15 Two arilli re on| Burke Oil —- Midwest Common -' 1.50 Big Indian .47| Midwest Pref | Buck Creek 5 0; Merritt Black Tail ~ 1 lenrock Oil Columbine —_- 3 ‘Cosden Consolidated Royalty Biya. Okmulgee FE Cow Gulch 3 a] ot RSS 8 jElkhorn . 7 | Salt Creek Prod. 40.00 Frantz Corp. Western S) 68 80 ¢ roleum 10|Prod. & I 7.87 8.00 Mountain & Guilt. Mike Henry - 17 Mosher On 45 | Outwest — 03%) 3%’s — 24 Picardy -11} 1st 4’s ) Riverton Refining - 2nd 4's 0 alty & Prod. Corp. Ist 44's _ D) 2nd 4%'s 3rd 4's j4th 44's 1.49’ Vietory Loan - eee WYOMING CRUDE OIL MARKET $2.75 Grass Creek 2.75 Greybull 2.75 Elk Basin — 2.75 Lance Creek -. 3.1 Lander Salt Creek Big Muddy Pilot. Butte Torchlight — Mule Creek —_. MINERALS AND OIL RESERVED 10 UL 3. IN STOCK RAISING ENTRIES Contention of Congressman Mondell against Ruling on Homesteaders’ Rights under New Leasing Law Answered by Department Official ‘ WASHINGTON, April 27.—Entrymen under the stock rais- jing homestead act are not entitled to a preference right to oil |or other minerals found in these areas, according to an official opinion rendered by First Assistant of the Interior Vogelsang. | The decision is made in a letter addressed to Congressman Mon- | dell who had submitted the question as to preference right of a imant under section 20 of the leasing On behalf of a constituent Mr. |Mondell submitted the contention that there is nothing in the leasing law jus- |tifying the limitation made in the regu lations and providing that the land must | minerals when he made entry. He waived whatever claim he might other- wise have had thereto, on consideration that a larger area of land be given him than under ordinary circumstances, or becatise the land was withdrawn or classified at date of entry. The entry. man who makes entry without the mineral reservation is entitled to all, have been withdrawn or classified as oil or gas lands. In the decision above referred to Mr. Vogelsang say: “The department does not agree with | this contention. © The intent of section | | THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE U. S. was evidently to give a preference | ght to an entryman where the entry} made under the belief that the | claimant could obtain a fee simple title |to the land and all it contained, but} which was afterwards determined to be} LIFE valuable for its ‘mineral content, and ACCIDENT the entryman was compelled to agree HEALTH to take a patent with the minerals re- | served to the United States. “One who made an entry with the minerals r rved to the United States, | with the right to mine and remove the | C. E. HOOD same is, in my opinion, not entitled to| a preference right under same section. | He knew he was getting no right to the Room 23—Townsend Building Phone GEN’ 196-3 Al T ALSO FIRE INSURANCE | your cue, and it wins for you— Edelweiss always wins, because Edelweiss satisfies. The choicest hops carefully blended with select ed malt produce that delicious flavor and “body” distinctive of Edelweiss, the popular beverage for fifty years. Enjoy it as a beverage in your home— order O cites a case t y. . RAMSEY 160 South Center St. Phone 260 unless prior to date of satisfactory final proof the Jand is withdrawn or classified, and he has elected to take surface pat- ent, and this is the'class of people this section was doubtless intended to pro. ere seems to be no reason for ap- plying it to a man who, before acquir- Jing any claim to the land, voluntarily relinquishes his right to the minerals and authorizes the government to dis- | pose of them in any manner provided by law. “Ther no more reason for applying to and covered by stock-raising home. [s 1 entry than to that covered by an made after the withdrawal or ation of the land. Thelatter is rly barred by the terms of the stat- sntry with the mineral re: United States is such a would bar a preference r der.” PROSPEGTORS’ LEASES “EON OIL AND G4S LANDS ISSUED BY STAT BIRD M., J. Durr, Cheyenne, all of 36-25-86. Shelburne, Thermopolis, all of sification as ght thereun. . Anderson, Basin, all of 16-51-92. Jay Y. Lucas, Denver, Colo., south- west quarter of 22-46-65. immerman, Somerset, Pa., . Ward C all of 16-42 Charles W larke, Minneapolis, Minn., Hirsig, Cheyenne, south west quarter of northeast quarter of 16-21-61, Ralph Zimmerman, Somerset, .Pa., ‘all of 16-38-78. John Pritts, 44-64. John T. Mahaffey, Casper, all of 36- 34-77. Milo A. Clarke, Minneapolis, east half of 34-46-62; southea: of southeast quarter of 27-46 west quarter and south half o} west quarter and northwest quarter of northwest quarter of 35-46-62. Oscar Carlson, Minneapolis, all of 28-46-62, R. R. Selway, 49-65. w. Somerset, Pa., all of 16- Minn., quarter Minn., Sheridan, all of all Newlon,. Kemmerer, Wyo, OVER-EATING is the root of nearly all digestive If your digestion is weak or the new aid to better digestion. press oh peer Habe Let i-moids ip straighten out your digestive troubles. MADE BY SCOTT a MAKERS OF SCOTT'S EMULSION J. J. GIBLIN Brokerage and Insurance All Wyoming Stocks Bought and Sold District Manager Equitable Life Insurance Co. of ~ New York Room 23, Townsend Bldg. Phone 196-J 36-! ~~ ne eee ATR RAATEOETY apes NOE scararsm north half and northwest quarter ot| southwest quarter of 24-26-113. | N. P. Skow, Minneapolis, Minny northwest quarter of southeust quarter of 29-43-63; northwest quarter of south- west quarter and south half of north- west quarter and northeast quarter of northwest quarter of 17-43-63; north- pI nd west half of north- nd southeast quarter of quarter and north half of | 3; cates | HATA mM northeast |southeast quarter of 8-43. quarter of northwest qu: Julian Salt of southeast qu: quarter of southe and southw quarter of 32 A. H, Root, 61. OIL MEN HAVE NARROW ESCAPE IN BLIZZARD (Special to The Tribune.) DOUGLAS, W: April 27.—B. Cc. strom and M. EF. Greiz, representa tives of the Mike Henry Oil company had a narrow escape from death when they were caught in a blizzard while en} route by automobile from this place the Osage oll field. Snow compe! them to abandon their machine late night. During the ensuing thirty hours they wandered aimlessly about in | the blinding storm, finally being rescued by a farmer within a few miles of the point where they had left their car. The weather was not cold and the oil men suffered chiefly from hunger and exhaustion. Everybody should Less Than a Nickel a Week © This is all that Swift & Com- pany’s profit cost the average American family in 1919. take a cleaning, laxative Remedy this month.! tocky Mountain Tea is a great Spring Cleaner—fix-ik. Smith Turner.—Adv. Here are the figures and author- ities for them. The average consumption of meat per person for a year is about 180 pounds (U. S. Government). TIMTHETAILOR Do Your Tailoring Also Cleaning and Pressing 20 Years’ Experience CALL 467-R 125 North Center The average American family is 41 persons (U. S. Census). Swift & Company’s profit from all sources in 1919 averaged tess than 4% cent per pound 6n all products including meat. | | This averages for the family less than the price of— 1 cigar per week for father, or 1 street car fare per week for mother, or 1 package of gum per week for the children. SEE BEN The complex service which we furnish the public is-efficient and economical. The cost to the public in the shape of profit is too.small to be noticeable in the family meat bill. Swift & Company, U. S. A. ARE YOU SUFFER- ING FROM THE REAL ESTATE BLUES? A little consultation with AN OFFICE THAT KNOWS ITS SUBJECT will relieve you dee Ben Really 109 W 15" ST, PHONE 74 W A IU Mt Hii) AWN i { AHL Hl Buy a Lot 201 Oil J. F. Jones & Co. Branch Realty Co. J. R. Murray Real Estate Montgomery Realty Co. Brown & Probst Realty Co. Do You Know That a unit whether bought outright or given with a lot would mean a big profit when oil is produced on the townsite? Get a Unit MIDWESTERN INV. CO. Carnes Brokerage Co. and Public Exchange E. E. CARNES and B. LESPERANCE, Props. Phones 1147, 1345 “OVER IRIS THEATRE” CASPER, WYO. PRIVATE WIRE CONNECTIONS WITH EASTERN MARKETS WE BUY AND SELL WYOMING OIL STOCKS List your stocks with us, we can handle them’ on a re- markably low margin. Our commissions are but one percent of amount involved. Buy a Unit Exchange Marion P. Wheeler Geo. Nelson, Real Estate E. B, Foster Realty Co. John M. England & Co. A. P. Nesbit Realty Co. WE HAVE ORDERS TO SELL HO Pp For Prompt TIIIDIIIOIS SL! IITTTIOTOIIIOIOMIOS ISS 4 EITH LUMBER CO. BUILDING MATERIAL and COAL A COMPLETE STOCK ALWAYS ON HAND III IDIOT Daa DDS SDL Ts. 5000 American at 2c 1000 Columbine af 35¢ 254 Elkhorn at 20c 5000 Hutton Lake at 2c 1000 Mike Henry at 17c 1000 Picardy at 12c 1000 Glenhurst at 6%c 3000 Capital Petroleum at 10c 5 Casper-Bolton Syn. U. at $50 500 Atlas at 6c 100 Burke at 86 50 W. A. & M. Corp at $10 5000 Out Wet at 3c 1000 Bessemer at 30c 3000 Western Plains at 2e 4000 Riverton Refining at 10%¢ NE WE HAVE ORDERS TO BUY 5000 Bessemer at 26c 6000 Riverton Refining at 9c 2000 Sunset at 18%c 1000 Wy-O-Tex at 18c 25000 Victor Wyo at market Deliveries of ’ 9000 Mike Henry at.16c (JAA ALALZALLL L224 CL LELELLEL ALA LLL £ EL Adda he upon request. with us. Comp — TAYLOR & CLAY, Inc. “STOCKS AND BONDS Full informatién regarding Wyoming Oils, New York Stocks, Liberty Bonds and other issues furnished Place your buying and sel'ing orders lete 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 ne I A A TS TTT III IIIA Ta bad NR AS LET EIST TIT SLE TT IT, Lester Brokerage House Spscializ NEW YORK OIL 156 N. Welcett Phone 1142 Sa Iaa as Ds. wesvvrvva7aa> SDR AGE os ‘f LLC ESE I |