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

é ALBANY-CARBON | OIL OPERATIONS. ge Buildin, Local GD Stocks Gates, -----..-5--=-.. “ Bid Ask ,Wind River Renning - 04 Amalgamated Royalty 2: $21 $ 25|Wiliams, E TL... 1.68 Atds 06 Western, Exploration — 2.65- : American 01 Wyo-Kans B5Q Bessemer... 30 Wy-0-Tex 12 Boston Wyoming > : Today’s Markets by Wire Furnished Daily by Taylor & Clay, Ground Floor, Oil Exchan; ildi , Wyoming ‘Fort Washakie is furnishing informa, tion to prospective buyers. Sand Hills Gets Oil Showing. ‘The Sana Hills Of] company, drilling son section 9 of the Ferris dome, Carbon county, Wyo., has met with encourage- ment in the form of a sand showing ex- cellent oil and gas indications at 1,875 eet The rand is reported to be the same truck by the General Petroleum at 2,400 feet, which if true, means that the pro- ducing sand lies about 600 feet lower. Traffic Moving to Salt Creek. Traffic is again moving over the Cas- CARRANZA BROT TO BAY WITH ARMY OF 4,000 {Continued from Page 1) vention of governors to select a pro- visional president and supervise the coming presidentiad: election. WASHINGTON CONCERN OVER TAMPICO REPORTS Does Not Control Its Raw Material Field Work in Full Swing Again) Burke on 28 Open: Close | Sor Salt Creek roadsin, considerable: vol- ; a 47! Miaw: Refini 144.00 $146.00 J ume following several days of fine th I, ent of Road: Big. Indian —-—.. - AT| Midwest Refining $144.1 5. 2 PSidei With Improvemer ‘oads |B : 50 2.o,| Weather and preparations are going for Buck Creek - .62 86 /)Midwest Common 1.50 2.00 mip hea 8 So: Perea eaee and Return of Favorable [Black Tail 08 .10}Midwest Preferrea - 1.50. 3.00] Ward for a big increase in field wor! Weather }Columbine — 31.83) Merritt —__ 16.00 16.50 or | Consolidated 1.43 1.45|Glenrock Oil 2.87 3.00 LARAMIR, ‘Wyo. May 10—Fie1a | Cow Gulch . 27.29 /Cosden _- TRI 8.12 OILDALE ACRES a tibrin dine (tite CA tanh ; Domino 14 -.13|Okmulgee F. & 62 i F he Albany and Carbon ; i : county again in full swing aft-JElkhorn — 15 .AS|Elk Basin --. odd SALE OPENED BY two week stivity, due to the re-|F rantz Corp. - 2.75 .00 [Salt Creek Prod rat Ba 3 a : ; ; 7 Western i Western States 0. & L. 5 ‘ cent storms. Roads are again open|@reat V ‘ aid ntipplies ‘are’ being sished: to-wnd,. | Mates Take Prod. & Ref., Cgm------- 8.12 SEIDEL REALTY cat operations thruout the basin. Jupiter New York Stock Exchang: At the Midwest plant at Laramie the /Mmney Mexican Petroleum $180.50 stills are in p laid and aux under construction. Pipe is being moved to the right of way of the Illinois Pipe Line company and the telephohe line is under con- struction. Work is to begin at once on the Lara. mie plant of the Standard Oil company. tankage equipment ce, up, lines is now Rock Creek Fields. No completions have been made in the last two weeks, altho a well in the cen- ter of the southeast quarter: of 2-15 has been on the sand for some time. Two Rivers Field. The Ohio Oil company, drilling in the northwest corner of the northeast quar- ter of the southwest quarter of 33-18-74, | is running tower again at The Muddy sand is expected at 1,8) et. This territory is 16 miles north- west of Laramie along the Union Pa cific railroad James Lake Field. The Western States Oil and Land com- pany in their t in the southeast quar. ter of 32-18-75, has been shut own for | 30 days at 1,900 feet, waiting for ce ment to set. This will be a deep test. This hole was started by the Cactus Petroleum company. . Mandel Field. The Associated Oil company, in the southeast quarter of 11-16-76, has skid- ded its rig and spudded in again after ral weeks trying to correct a crooked hole. Rex Lake. The Frantz corporation is rigging up| for a deep test in the northwest quarter of 26-16-77. It is reported another test will be started in 13-16-77. Quealey Field. The Roxana Petroleum company in| the northeast corner of 13-17-77, is down 400 feet. This will be a deep test. The same company is also putting a rig in the northwest corner of 18-17-76. Cooper Cove. The Utah Oil and Refining company in the southeast corner of the south- {west quarter of 20-18-77, is drilling at 1,900 feet. Big Hollow. The Wyoming Southern Oil com- pany, drilling a joint well with the Apex Refining company, is shut down at 1,100 | feet in the southeast quarter of 6-15-75.) The Big Hollow Drilling syndicate, also! arilliig a joint well with the Wyoming! Apex Refinnig company, is shut down! At 900 feet on a deep test in the north-| east corner of 1815-75. Spindletop. The Spindletop Oil company in the southwest quarter of 32-16-74, is drilling at 1,500 feet, with a hole full of water. The Muddy sand is expected at 1,600 feet. California The Associated Oil company, in the northwest corner of 12-2 making hole at g,100, with’ considerable caving trouble. "This same company is making two more tests on is this struc- ture which lies southwest of the town of Rock River. drilling » is Inland, The Tnland Oil company, in the south- West corner of the southeast quarter of 24-20-78, is drilling at 1,350 feet. Two other tests on this structure by the same company are shut down at a les-) ser depth, Allen Lake. The Western States Oil and Land company has skidded its rig to the southeast corner of the northeast quar- ter of 11-22-79, and will make another test. A large gasser was brot in on the northwest corner of this structure three years ago. Married men have a hard enough time these days making a living for their regular families to stand much 1,320 feet. C2 o > ° J ° 2 ? p Offsetting the present stagnant condition of the stock mar- ket, which has sent Wyoming issues to low points during the past two weeks, is the announcement that another increase in the posted prices for all grades of midcontinent crudes are to be boosted on May 20 to meet premiums now being offered for production by independent buyers. the price of crude during the late win-ty will be held at Fort Washakie at 10 ter, bidding has been lively and has uni- A. M., May 26. _ The Indian | Uance Creek Royalty |Lusk Royalty --- formly kept ahead of the posted price in a majority of the big fields. That an increase in Wyoming crude will follow that of Midcontinent ts predieted. Heavy selling on the New York curb this morning caused oils to lose gains of Monday’s trading, Midwest Refining, which heads the list of major issues here, selling down to $143 and Salt Creek Producers losing $1 to sales at $36.50. Others suffered in proportion while in the local market conditions showed no improvement @ver trading of the past two weeks. Phippen Back from East S. E. Phippen of the Casper-Bolton Creek Oil syndicate has returned from an eastern trip and will proceed imme- diately with plans for drilling the syndi- cate’s first well in the new Bolton Creek field. The syndicate’s land is well lo- cated with reference to present produc- tion, adjoining that of the Poison Spider- Bolton syndicate, which completed a well during the winter. « New Well in Warm Springs. The Wyoming Premier Oil company reports the completion of an average producer in the Warm Springs field near Thermoflis, Wyo., and another drilling at about 710 feet which should be brot in within a few days, The com- pany has about 20 wells under contract for drilling this season. Cheno Prepares for Deep Test. The Cheno Oil company is moving a new standard rig to its holdings in the Alkali Butte field above Riverton, Wyo., where a deep test Is projected. _ Leases to Be Sold at Auction. Public auction of 64,900 acres in leases on prospective oil lands on the Shoshone reservation in Fremont coun- J.J. GIBLIN Brokerage and Insurance All Wyoming Stocks Bought and So! District Manager Equitable Life Insurance Co. of New York Room 23, Townsend Bldg. Phone 196-J gossip from anybody on the subject of affinities. TAYLOR & CLAY, Inc. STOCKS AND BONDS Full informatiom regarding Wyoming Oils, New York Stocks, Liberty Bonds upon request. Place your with us. the only Brokerage Compa York Stock Exchange Connections. Private Wires to Casper, Lusk, Chian, Rawlins, Denver Complete facilities of our office enables us to handle orders on up-to-the-minute quotations. and other issues furnished buying and sel‘ing orders ‘We are ny in Wyoming with New Lester Brokerage House Specializing in NEW YORK OIL New Number, 144 S. Wolcott Phone 1142 —— WYOMING CRUD E OIL MARKET Grass Crock a er) Texas Oil -.. Sinclair Oil Despite marked gains in {usk Petroleum 10/U, S. Steel- (Mountain & Gulf. 77 ~—-.80/Canl money |Mike Henry AS a 40 apace ee 102% .04|2%’s $91.90 Picardy -- 08.11] Ist 85.80 Riverton Refining - 09 11} 2nd 4’s 85.19 Royalty & Prod. Corp- 22.24] 1st 4%'s 86.60 Sunset - 16 .18].2nd_ 4%4's - fand Hii = 2.00 2.25|3rd 4%4’s - Mandard Royalty 1.00 |4th 4%4's Tom Gell Royalty 06 08 |Wictory Z.oin ‘The Seidel Realty company is opening fup the sale of 65 lots in Oildale Acres addition, which it recently acquired. These lots are about 600 yards, from the McPherson well and south of the C. B. & Q. railroad. The company says that the oil rights go to the ‘purchaser. The company has already had a.num- ber of inquiries since its first announce- ment yesterday. STOCK SUFFERS, OWNER IS HELD Charged with cruelty to animals, in allowing stock to starve to death, Matt Montgomery was placed under arrest by Deputy Sheriff Kyte yesterday. He was given a preliminary hearing before Judge Tubbs at 2 o'clock this afternoon. | Road Bulletin ' ‘State Highway Department, Office of District Engineer. . Salt, Creek Road—Owing to the heavy rains, this road is soft. Yellowstone Highway (Casper West)— Heavy rains makes road unsafe for tra- vel. Yellowstone Highway (Casper East)— Heavy rains, roads slippery. porary ‘bridge across Deer Creek, within the city limits of Glenrock, is unsafe. A few cars were taken across Deer Creek on the railroad bridge. The tem: ; (By Associated Press) EL PASO, May 11. Activities of Car- ranza,force# in the region about Tam- |pico, which is itself in rebel hands is causing the United States government considerable concern, according to a ‘dis- patch today from Washington from agents of the revolutionists at Washing: ton to leaders of the movement here. No details were given, The forces of Obregon are pursuing Carranza and his adherents between San Marcos, Puebla, and Apizaco, ‘Tal- axcala, according to Esquiel Salcedo, a member of Obregon’s staff, who arrived from Agua Prieta today. REBELS MASS FORCES TO ATTACK MATAMOROS (By Associated Press) BROWNSVILLE, May 11.—The ad- vance guard of the revolutionists ap- proached the southern side of Mata- moros, the Mexican town opposite Brownsville, shortly before noon today and exchanged a few shots with the Carranza outpost. The rebel move is believed preliminary to an attack in ae Three hundred revolutionary troops are advancing on Matamoros from Rey- nosa and at noon were reported oppo- site Santa Maria, Texas, 25 miles west of Brownsville, It was not believed that a general attack would be made before nightfall. American military authorities ordered a detachment of soldiers to the Ameri- can end of the international bridge | where two maching guns were put in j Position pointing toward Matamoros. The bridge had been closed for repairs fei United States officers ordered ‘it thrown open in the event civilians in Matamoros | Brownsville. All schools were closed in Matamoros today and hundreds of guns turned over | to the®federal authorities upon the or- {ders of General Colunga, garrison com- ;mander. Guns wih large quantities of ammunition were ‘piled in the public quare by civilian owners. should seek safety in ~ See Dr. Elizabeth Bass of New Orleans is |the new president of the Medical v en's National agency at 1,500,000,000 Miles of Evidence Statisticians calculate that Maxwell cars the world over traveled 1,500,000,000 miles last year. test of gears, bearings,, axles, crankshafts, and the 3,000 More miles per gallon Bore miles om tires other pieces of steel in a Maxwell car! y Had these, metals shown a single chronic weakness their makers would have suffered a far-reaching penalty. Instead these 1,500,000,000 test miles—equal to 57,000 times arqund the equator—put a great premium on the Maxwell. So great that it is becoming more and more difficult each day to get a Maxwell. To fill this ever-growing and friendly demand for Maxwell, 100,000 are being built this year, bringing the total of Maxwells now in use on the road to 400,000. The 100,000 will fall far short. Possibly 40,000 persons will have to purchase a second choice car. To be sure of your first choice see the Post-War Maxwell without delay. Natrona, Hot Springs and Converse Counties x Temporary Quarters—511 Yellowstone Highway Wm..G. (Bill) Noonan, Service Manager Se Sa ) * SSS Hl What a gigantic Phone 1223 Other industries can buy: their raw materials according to need or judgment, and set a selling price. They need manufacture only what they can sell at their price. Cotton, wool, wheat, lumber, iron, steel, and other non-perishables, can be held either bv their producers or their users until needed, . But live stock comes to market every day in fluctuating quantities from scat- tered sources, wholly uncontrolled and at times without regard to market needs, An immediate outlet must be found for the perishable products, at whatever price, as only a very small proportion can be stored. : No one can foresee or stipulate what they shall bring; prices must fluctuate from day to day to insure keeping the market clear. © Only the most exacting care of every detail of distribution enables Swift & Company to make the small profit from all sources of a fraction ofa cent per pound, necessary for it to con- tinue to obtain capital and maintain operations. Swift & Company, U. S. A. | K. R. Jorgensen G. Kulien . Larsen & Jorgensen, Inc. Contractors and Builders Planning Mill in Connection First and Ash St. Phone 219 NOW'S THE TIME To Acquire Inside Acreage in’ the Proven Fields of Montana and Wyoming Now’s the time to do things before the steadily- growing boom absorbs all opportunities. Now’s the time to get in right and secure your holdings. Now’s the time to get in touch with us. We handle none other than ; SECURITIES THAT STAND TEST OF INVESTIGATION The Prudential Securities Company : Stocks, Bonds, Oil Lands, Leases 4th Floor, O. S. Bldg. Casper, Wyo. | Carnes Brokerage Co. and Public Exchange E. E. CARNES and B. LESPERANCE, Props. Phone 1147-1345 Over Iris Theater, Casper, Wy°- WE BUY AND SELL WYOMING OIL STOCKS Leased wire with Miller & Work, Denver, Colorado —________ We Have Orders to Sell We Have Orders to Buy 5000 American at 1% 3000 Bessemer at 28¢ © 1000 Columbine at 34c 5000 Mike Henry at 14 5000'Hutton Lake at 2c 1000 Buck Creek at 63c 5000 Out West at 3 1-4 10000 Victor-Wyo. at market 2000 Riverton at 10c 3000 Domino at 18¢ 2000 Capitol Petroleum at 9c 1000 Roy & Prod. at 1000 Mike Henry at 15 1-2 2000 Columbine at 32c 5000 Glenhute .06 s 22c