Casper Daily Tribune Newspaper, August 17, 1920, Page 4

: Todday’s Markets by Wire: Farniched Daily by Taylor & Clay, Ground Floor, Oil Exchange Building, Casper, W: , Wyoming LOCAL OIL STOCKS, Wyo-Tex |_.---- 3 <° 03 405 Bid. Ask. | Western Of] Fields = 19° 20 ‘Amalgamated Royalty --.-$ .20 $ .22}Y Ol - 09 10 Atlas W-., Oa SEs) AB OS SO | ER * | NEW YORK CURB pectin PN RE eee OLA ae aint eee $146.00 $148.00 Boston-Wyoming 1.05 130 sriaweut Common —-——. 1.25 2.00 Bessemer -.- ~ 27 «80 Midwest Pref. - 3,00 Big Indian 45 Merritt 2 13.50 Pek OLS, 25 een E ls 7.00 Eurke --- 20! Salt Creek a 30,00 Black Tail ---—.. 6 iWestern States £2 Casper ‘Ranger —-----. °2/Prod. & Refiner ea Capitol Pete 06 leIk Basin 7.00 Columbine 37! Okmulgee z 1371 -Cow Gulch . 12 /Allen .. Re 1.87 Consolidated Royalty - 1.20 280.00 Domino SEE de ed 0 ¢ 09) NUW YORK STOCKS 1.29} i antz o 2.00|Mexican Petroleum jen . .85 Sinclair reat Wester 08 G. W. Pete -- “08 Hutton Lake 01% Jupiter 04) Union Pacific R. -10 a) FOREIGN - 33 | Sterling Lusk Re 5 15| teenan Dusk Petroleum ~ ick 04) Mts Mike Henry -.- 07% 08%! rire ountain # Gulf ~ 98 1.00 Call Mon orthwest Picardy — 09 | 8448 —----a- Riverton Refg. .09 | First 4s .21/Second 4s Sunset -... 2... ‘Tom Bell Royalty- Western Exploration Wind River Refining. ‘Wyo-Kans 09 | EF t 44s .04!Second 4%s 2.g0/Third 44s — .03}Fourth 44s 2.10| Victory 4%s — WYOMING CRUDE OIL MARKET. Grass Creek ~-~-$3.10 }Rock Creek ---.. Torchlight - ---- 3.10/Salt Creeie -. } Pik Basin -- 3.10/Big Muddy Greybull ~ 3.10] Pilot Butte — SS SEES TT Lance Creek -. ~-- 2.05 ‘ziAmilton Dome -------4----. 2.76) Lander --.- noma nee nnn-n- = 2.05 pS MIKE HENRY TO RAISE CAPITA , “% | i Proposal of Mike Henry, président of the Mike Henry Oil} company, to increase the capital of the company. to $5,000,000 has been suggested in a letter sent to stockholders of the com-| pany. The recapitalization was suggested at 10 or 15 million| dollars but President Henry in his/letter states that “we be- lieve the smaller amount of five million will be more practical.” The plan to increase the capital is}finery at © proposed for the reasons in the fol-|letter. says. lowing statement; | 5 ~ “In order to avoid executive taxa‘! Qut West. Well. Abandonea, : tion, i. @., production or excess profit} The Outw pot syndicate deep tax, which we have ever reason to be-|test- on section 2239-78 in. the’ Teapot lieve will be a factor as soon as mit=/Rrew of the Salt Creek ‘field was eom- keting of oll is at hand, we feel the |pleted recently at a depth of 3,200 fect. solution of this problem is the pay-|Wwith the test proving the second Wall ment of liberal stock dividends, In or-|Creek sand to be dry. der to do this, it will be necessary to} increase the capitalization. To avoid a heavy capital stock taxation, we war-| rant to keep this increase down to a} reasonable figure.’ The effect of this announcement was a slight decline in the stock quotation | | have been received) the} | | Mule Creek Bulletin. The geological survey. has just issued a bulletin on the Mule Creek oil. field. |The’ report is by..E. T.. Hancock, and| contains a map showing this: structure. Congressman Mondell ha: ranged for) from 10 cents a share. a supply of this publication, and re- The statement issued by the Mike quests addressed to him at Washing-| Henry Oil company at Douglas says|ton will. be promptly, attended to. The j ey | that operating conditions in the Osage } bulletin is No, 716-C. | field are now progressing under favor- able conditions. Two royalty chooks Good Progress at Boone Dome abet ie a pe Steak! ed by the New York Oil company on the Boone Dome where working is go- jing ahead rapidly at a depth of 3, feet. There are numerous difficulties on aecount of ‘the enormous gas pros- sure,an@ extreme depth. The main ob- 2\ing of oil, if the report is true, it will Sewer System MARKET GOSSIP AND FIELD. NEWS, sandstorie. _ Examination “by the compan: the formation has taken” place west ward from the proven oll fields. New Rig at South Casper 9 test is drilling at depth of 1100 feet. The pay is expected at a depth of L,. 500 feet. OLSTRUCKIN | The Trait’ Canyon company is re | ported to have encountered oil on sec tion 2-41-81 in the Tisdale region north. 100 barrels, cause it has not been placed on the pump a: While the Benton company was re- ported to have brot in the well, it was |reported’ among oll circles in Casper | today to be the Trail Canyon well! This company is composed of Denver unit holders. While none of the big companies here have confirmed the report of a show- pen up a new field out from Salt ‘reek. The Tisdale district is 10 to 12 ; Miles northwest of Salt Creek and west ) of the road leading to Kaycee.. A water well was drilled some time ago in the ‘Tisdale structure but this was due west of the Sait Creek field. Improvements Are Improved Action. was taken last night by the city council to improve the sewage sys- tem on Badger street between Lincoln and Grant and in the alley between Lincoln and Grant streets. Taxpayers protested last night that water was backing up in the street and alley after heavy rains. The street department probably will handle the work of fill- ing ‘in parts of the street and alley. A special delegation from the city council will personally inspect »the situation this afternoon with property owners in this section of the city. The taxpayers also asked that cross walks be put in x3 ste <a | Mrs. Henry Archambault, accompan- jed by her daughter-in-law, Mrs. Arch- ambault and the Misses Alma and So- phia Archambault, has left for Denyer, Colo., m@king the trip overland in their car, €hey will *be gone about two weeks. oo NOTICE OF PUBLICATION Notice is hereby given that the partnership heretofore existing *be- tween George Howarth and A. R. Marshall, doing business under the firm name of Henry Transfer, has been dissolved, the said A, R. Mar- shall having disposed of his interest in said partnership and said A, R. Marshall will not be liable for any debts hereinafter contracted by the remaining partner or the Henry Transfer. Dated this 15th day of August, from section 16, where the oil was | Exceptional: success is reported to} hailed by tank wagons ‘to the local — a marking the ¢ t well being drill. fo | $ A, D. 1920, A. R. MARSHALL, Pub 17, 18. 1920. Aug. 16 Pato Me tote tote etna Pate testa te te tete de Oats tee tenet Sotelo te tote tote 3 e-ehe- eho aSe-eSe-aSo-aSe-ale-aSe-ase-sSe-she-sSo-sfoete- aio ate-ato-ate-aceate-ste-stoete stosteeteate. Boeertectostecge-efoefoctoge y = ee ¥ \ + y + % 3 ° > 4 3 peed CLEARANCE Sota d’ ca K? es 2, poate RK + ¢, so-ehe che! % + io "o% a ododoger ont acs te is ts te ro afo-eteet ? ? io, oo, iM ? Pe * io, eee, 4, o, co o ¢ RK? eS ON ALL LOW SHOES DISCOUNT The Globe Shoe Co. 23C So. Center Street ote este ete teste te teeta eee te vie tee Sede hee bettc te te bs hee heehee bee thts dhe dee ey, SPP ONG SPOR Ne Gt It Nt Ge Gt NO VP LOI GP HP NP NO GP HP GOGO ID TP GP OND GOEL LAP EPID OD So Sea ae o4 SALE . > “e Od jective of the test Is the Wall |Creek #eolo- gist indicates that the thickening of A new rig ia being erected by shir Ni York Oil ¢ompany near the No well, in South (Gasper cranks ota, A many of them unexplored and some snowcapped the year round, Fremont county is putting forth claims as a summer re- - TTODALE REGION > | West Of the famous Salt Creek field, 45 | miles north of Casper. The production “lis unofficially estimated at more than altho it is not definitely known: what the .well will make be- CCE with mountains which can be sort country which are being .| those who have visited the beauty spots of America... if Lander, in the henrt of the county, reached by. train” % by automobile road bids fair. to vie. with | Colorado Springs as the beautite of Wyoming become better known; and: the. rout- ing of many #f the hundred. thousana Yellowstone ‘tourists this year theu the south ent; he Park ix -nda- ing to Lander’ Ms ears rance to 's fame. Wyoming people have no need to seek relaxation in any other state than . | their own. To the angler, Louis Lak, ten miles. from Atlantic City in thé South Pass region, offers every inducement. Fish ranging in size from ten inches to three feet have been caught there thi season by those fortunate enough to visit the spot, and the resources of the lake have not been touched. Ten miles farther, and ahoye the tim- ber line is Christina lake;*a perfect cup of deep dark water in the crater of an extinct volef&no, whose deptis have never been measured. Many other lakes in the county of- fer fishing which is unparalled, and now that the hunting season has open- ed the same region offers every advan- tage to the sportsman. The Big and Little Wind rivers, the Popoagie and the Sweetwater are among the more renowned streams. of the section. As for accommodations, the Noble Hotel at Lander cannot be excelled. The state highway commission has taken over the road from Shoshoni to Lander, and is placing it. in condition for tourist travel as a branch of the Yellowstone Highway. The road from Lander to Dubois while somewhat rough. is constantly, being improved. and the road from Dubois into the Jackson Hole region in Lincoln county, being a government road thru a Na- tional forest, is in fine shape. . A_new road from Atlantic City +he work of Fremont county” volunteers makes ‘Louls Lake accessible to the automobile driver. _ ; Lovers of beautiful scenpry in all parts of the country ars enthusiastic over ‘the granduurs of the Teton moun- tains, and their wutiful mirror, Jack- son Lake ‘which lies at thelr fect. What Wyoming needs is advertise: ment, for her beauties: are unknown, only because she has not rrosiuimed them to the world as her sistsr siates have done, NIC; BEAUTY. 1S. UNSURPASSE ‘LANDER, Wyo. Aug. 17.—With lakes unsurpassed in scenic beauty, rivers and mountain streams filled..with fish, A Goodrich Tire is one necessity sold at less than Goodrich Tires cost 15% to 20% and give far greater Service. thru Penteidas » Te iruction ‘ pps ng : desea: wake aes near Burtington J. A, Hanson, Mgr. Phone 981-M Yellowstone Highway, lent _to eave except five miles. ee = ze OUT OF THE FRYING PAN INTOTHE FIRE _, Properly describes your “fix” if ou wait till next win- ‘ae ae your heating system. Insure comfort and the least expense by calling on us now. ~ HANDBURY-JOHNSON CO. Heating and Plumbing Engineers 236 West B St. - Phone 988. equalled nowhere in America, acknowledged as justified by ———— Mrs. J. J. Lane has left for Upluna, Neb., where she will -visit wich her brother. Her parents haye motored to Upland from Springfield, Mo.,. and tne family will enjoy a reunion. t one or two tablets—eat like candy. | {nstsntlyrelieves Heartburn, Bloated H peny ling. Stops. indigestion, ' lsouring, repeat in, \eadachean: the many miseries caine by Acid-Stomach EATOMICis the bestremedy, it tak the harmful acids and ppd Tight ng of the body and, of course, you get of thousands wonderfully Taylor & Clay (Incorporated) Local Oils New York Stocks and Bonds Fone 203 and 204 ' Can You Afford to Have a Fire? Don’t worry over your DENVER, COLO. insurance. Life has plenty of worries without that. See Us for Your Insurance Lester Brokerage House ‘NEW YORK OIL New Number, 114 S. Wolcott Phone 1142. 411 Oil Exchange Bldg. | LEE EIT TE | Fabric Tires 6000 Miles pre-war prices less than they did in I910—’ SOLD BY “Woods & Anson Glenrock, Wyoming