Casper Daily Tribune Newspaper, November 20, 1920, Page 4

oF Drilling tures of $46,713. ° The assets of while the capital stock of the Glenrock company amounts 620. In th Midwest Refining Company from 1920, amounts to $64,668, | The earnings of the company total $155,399. Expenses of ‘the company during the past year were $132,992, of | which amount $11,713 was spent fot Well operations and $9,693 was paid for | royalties. : | A total of $90,731 is the propositi of the Glenrock Oil company’! ings from the subsidiary companies. This comes from the .Glenrock Petro!- | éum company, the Elk Basin Petrol-! 3 eum éompany the Pilot Butte Oil com- {ncorporation pany, the Hall Oil company, the Mosh. ' er Oil company and the Superior Pe- troleum company. The annual meeting held September 15, directors of the company submit. ted a proposal to the stockholders to in-! crease’ the capital stock of the com- pany to $15,000,000. ‘This increase was asked for by the directors’ solely for the purpose of having the stock avail- able to exchange for ofl propérttes. The company has acquired control of the Mosher Oil company which owned an undivided three-fifths interest in the | > north half of section 16-89-78 and ac-| quired thru direct purchase an undi- vided half interest in the south halt of | the same section. The company has| completed four wells on this property | during the last year and is drilling! others. | aThe company took over the opera-| tions of the Pilot Butte field October | 1, according to the report submitted by R. G. Taylor, presidentypt the com- pany. The company hag, yet drill-: ed its Cat Creek proper cause ad-| joining wells are being at presént which are expected ay rove or dis-| prove the Glenrock holdings. Nebraska, Tests, Projected. | i E. Richard Shipp, who has returned from a trip east, has completed arrange- ments for the drilling of some \60,009 acres of oil lands in Nebraska upon} which he holds leases, Work will start next May, Mr. Shipp states, although he is not at present willing to give out details concerning the proposition. | Syndicate Increases Capital. | Petroleum Syndicate corporation, in- creased its capital stock to $500,000 at a meeting held at Laramie, the certifi- | cate of the amended articles of incor- poration having ‘been signed to <3..-w. Crapsey of Denver, the presiderit;(and Claude Sachs of Denver, the secretary. The company is drilling in the Big Hol- low, west of Laramie. ; felt little Texas Company Votes Increase, An increase in the capital ‘stock from $130,000,000 to $143,000,000 for the pur- De of de ing a 10 per cent stock dividend to stockholders of record De-} cember 10, was authorized at the an- nual meeting of the stockholders of | the Texas company at Houston, Texas, yeste The stockholders voted to amend the t-laws changing the time of the annual mee ‘om November to the third Tue March. All officers and dire lected ex- cept Judge R. rooks, res NET PROFITS OF $104,054 SHOWA ~— BY GLENAOGK. OIL IN STATEMENT Earnings Total $155,398 from Crude Obtained Thru Opetations and Royalties, According | to Third Arifiual Report Announced Today The third ‘annual repojt ‘of the Glenrock Oil Company, issued to- day shows a net profit of $104,854, this taking into accouht expendi- ¢ statenient of earnings, the item of crude oil sold to the the company total $9,705,587, to $9,553,- September 1, 1919, to July 31, OL COMPANIES ON GAIN AGAIN During October Show Increase, Says Journal of Commerce Today’s Markets by Wire Fatnished By Taylor & Clap - Ground Floor Oil Scchieas tite Paes tae Details of the oil companies incor. 1 during October, with their cap specialty compiled by the Jour- nal of Commerce of New York, show an authorizet of $50,000 or ed. Thi ed capital 8,000, whe: hh compan volving an $136,100,000. veals the of any month so far this vear, represents a decline as compar the corresponding month a 3 when a t6tal of $613,610,000 v up. The latter figures stands as the highest monthly total i the life of the compilation which éxtends from the opening of the war in August, 1914. During the first ten months of the current year 1,536 vew oil companies » been started, involving authorized capital of $ In point of number of concern formed, in pital of but October record re- The ‘est indicated investment but with r ago, rolled 600. launched this record represents an in- Grease over thé corresponding period of 1919, when 1,307 such companies were incroporated, but a decline in point of cz tion from $2,717, 000. It now t the 1920 that last year, as to do this the returns for the re naining two months will have to augment the present’ total by $1, 200,000,000. Commenting on (the extraordinary amount of capital going into the oil the Jou of Commerce The revival of interest in the oil industry which the figures soem to Indicate, includir AS they Ve scv. companies of first’ ranke propor- LOCAL OIL STOCKS | Western Oi Fields. - - 81.33 ou Paes , 2 ON Se at wea - 10°48 +t, 8c]. NEW YORK oURB CLOSING WOES SORT Bid Ask 32.38} Midwest Refining —-___ $143,00 $144.00 42 -45| Midwest Com, sis... 1.00 1.50 Boston-Wyoming ---- 1.05 1.07) Midwest Pref.+ .------. 1,60 3.00 Buck Creek — = 26 1.28) Merritt 22 11.87 12.12 Burke __-. -. - 18 20) Glenrock ON 2100 = 2,12 Black Tail 02.04) galt Creek —. 26.00 27.00 Capitol Pete - 02 .04/ Avestern States 2... 87 62 Columbine ~. - 39 41) Prod. & Refts. 53T 5.60 Consolidated Royalty - - 1.39 142) Cosden _ 7.00 1:25 Casper Ranger -. <- -0% 01; Bik Basin 8.00 $25 Cow Gulch -.-. 08.08) Allen .. 87 1.25 07 09} Okmulgee -_-22. 25 ist 17.19) Cities, Service Co! 290,00 300.00 ae ae 4 NEW YORK STOCKS 85 (188! Open Close at Weslern Petroleum... .06 .0g| Mexican Petroléum —-_-$152.50 $155.00 Hulten Lave 2 y lot | Sinclair On -. 25.12 25.50 Jupiter se 08 48.12 > 46-87, Kinney T 13g 72,50". 73.78 Linee Creek Roylity — 108 bs 8087 ust,” Woystty ‘07 Inion Pacifie Re R 11 120.25 Lusk Petroleum -. 03 FOREIGN EXCHANGE Mike Henry -.. - .06 Sterling : Mountain & Guill. Sa) Northwest -... ESN f | Outwest . wis OL Piearay ~ .06 Riverton Refs. 07 Royalty & Producers_-. 29 - Sunset 2-22. Pe 06 34's Tom Bell Royalty. -- 04 ist 4's - Westera Ol Fields. - 26 | 2nd 4's 5 Western Exploration. 1.75 ist 44's 87.06 Wind River Refining. .02 2nd 4%4’s 85.60 Wyo. Tex. _, 02 rd 43's 88.20 1.90 | 4th 43's 85.78 aL } Vidtory 4%'s ; WYOMING CRUDE OIL MARKET Grass Creek... Rock’ Creek —.. nnnnnnna-$2.75 Torehlight Salt Creek --. retired es TS Blk Basin 22... Big Muddy -_-. NACE 1% Pilot Butte ~... iaganmceniontoe BT Hamilton Dome Mule Creek ~--.-.-~-~-------——--- 2.06 Greybull --. Lanc# Creek --.... Lander oh wetapennnnacencne 3.75 an datiempt a similar housing program. That the present culmination) of de- Anite plans’ for such & sweeping build- ing Pioject was the work of more than a year on. the part of the departmen* of industrial relations at the Standan? Refinery, was revealed today. Don Lob- HOUSE PROJECT dell, who is head of this department Ly Gasper, has been working out details lof thiss project for nearly fourteen | months and last winter made a special [report of the plan to headquarters at ' Chicago. ) Mr. Andrus is an earnest and enthu- (Continued from Page 1:) |siastie supporter of the. building pro- = gram. The company, it is reported, | could secure workers from all parts of ins, Ind., where the housing conditions} the country, but the management as and content among workers is the envy) no desire to augment its foree with of the country on every side, the man-| qriftera, On the contrary, it has pro- SapSHt: her Ne Te and en-| jected the present housing work in the raged to take the big step Jn Casper} - tions, is believed to reflect the condi tion of this industry which to date has the influence of the move- ment teward lower prices noted in oth er lines of endeavor. b Petroleum prices on well maintained nd the 1 position of the industry is de- ared. by experts sacduninted’ + with ailable data on supply and demand to be strong.” f tied? Past Se ey Dome to Be Drilled. s being hauled to the well of sx Oil company, formerly the company, drilling on the northwest of I Queal the me Quealey Wyo. dome Bathroom Fixtures All those polished, shiny accessories without which any pretty bathroom is in omple e—Towel Bars, Soap and Sponge Baskets, Water Glass Standards, Paper Rollers, Clothes Hooks, Shaving Strap Hooks, Shelves. We have or White E Everything for all these variously finished: Nickle Plated améled, or in Glass your particular bathroom HOLMES HARDWARE G HOLMES PAINT SPORTING GOODS Pp HO N vO HOMES E 601 AUTO SUPPLIES SECOND ANNO WOLCO77 ST CASPER, i net cee ani seem neg cement nt ae En orien ean cern el EN 90000000000 0000009000000000000000000880098088% EVERYTHING IN BUILDING MATERIAL RIG TIMBERS WC eo POPOPOOS ODIO OPODO ODO OOO OGOFOO® The Nicolaysen Lumber Co. { A SPECIALTY FARM MACHINERY, WAGONS Phone 62. Office and Yard: First and Center SOG OOO GL ODODE OH OS DU HHS OF OHH OS 3090909 6O9HOOOOSOOO8 i} NEW YORK OIL 3) 114 South Wolcott Stréet Pi Peer eererener er erirerrer teeter rermrrtr ts > k t Y our Do ars * . , ; H t jave : G Bi f As prices fall lower your dollars will grow f yet bigger—that is, the ones you save. R é And how comfortable you ‘do feel, with a k growing Savings Account—and the growing £ / confideneé of your banker. Fy é & § Save more than ever now—save here £ e Wyoming National Bank Casper, Wyoming ; MRE REET LEAMA AAA LAE NAIL HAIMA AAA AAAI AL LACAN IAA AAA VASES A AANA Ln nn nn Taylor & Clay Incorporated CASPER; WYO. Ground Floor, Oil’ Exchange Bldg., Casper, Wyo. Phones 203 and 204 Local Oils = Bought, Sold and Quoted NEW YORK STOCKS AND CHICAGO GRAIN MARKETS = Direct Over Hutton & Co. Private Wires a 1c i _ Lester Brokerage House hopes of building up. permanent resi- dentsin per the margiec| man who will become a real ci ota property iy pessible obstacle In the purchase of this school property. _ Earl Holmes, president of the Cham- ber of Corime terday as, representative of that civic body in securing the consent of the, school hoard: He was aided by Attor- ncy G. R. Hagens of the firm of Hagens & Murane, who returned to Casper to- ing the pro ‘The course of action in aiding the! Standard in coming to the rescue in the housing situation was decided, upon earlier this. week by the Chamber of Commerce at & meeting of the board ‘of direttors.. The result of this meet- ing was kept secret. THREE ARRESTED FOR That the aew chief of police, James Lynch, former occupants of disorderly beuses to ply their trade in dwellings but sibly indicated in the arrest of three women on the Sandbar last night by the efty police department on a charge of Gisoiderly conduct. that these were operating on ‘the so- called line in the Sandbar district. ed Thé real cause of timber depletion is idle forest land, The woman of thirty years ago did fot care to laugh, as it caused wrinkles to come. REE aso Choévlate and cocoanuts are used as eurrency in parts of the South Amec- DEFENSE MOTIVE SEEN IN “ACTIVITIES OF TONGMAN FACING TRIAL FOR CRIME CHEYENNE; Rox dla “hay Ways that are Beak tricks’ that ate yain the Heat ha ad whe cullar,” is a Brete Hatt 6 eh is suggested by the case of one. Yee Geow, Chinese ani presumably heath- en, who is awaiting in the Laramie county jail here trial for the murder of Thomas Holland, agent of the de- partment of justice, and John Feder- hen, city fireman. There may be ground for suspicion that Geow, with true Oriental guile, may be endeavor- ing to lay the groundwork for an in- sanity defense. Here are some of the unfatural things Geow has done re- cently—things which would not be ex- pected in a man of, normal sanity: Inisted on pleading guilty of murder in the second degree, asserting that he desired to be hanged. Hanged himself in his cell with a rope made from torn clothing, appar- ently with thé intention of creating the impression that he desired to end his life altho there was with him, in the cell, another prisoner whom he might have anticipated would, and who very promptly did, untie the noose and let him down. Refuses to take food, today the seventh of his hunger-strike. The law does not execute insane per sons, and Geow presumably is ac- the city and of bringing to Cas- ‘ nm and resident of the gity. today stood in the way of m as soon as the sec! and only an attempt nd hog to boost the price of th sky high remained as a slight- ny Ba ree, was in Cheyenne yes- QUSORDERLY CONDUCT does not intend to allow the former is pos- their “ander cover,’ being It was stated FE ANTAL capsOLes Ml IDY Rubber; because: ni that is the ideal ine r use inside @ battery. * Ask us about — Threaded Rubber Inv sulation—the kind that has been selected by 152 builders of trucks and passengér cars. AUTO ELECTRICAL CO. 136 E. Midwest. Photie 968) Specializing in | Phone 1142 BUSINESS CAR Bre Napreah Business Car ; to prove, in actual.use, that it is an étonotical car. %% It is economical in its current / ; cost-per-mile and over a long s Period of use, It will pay you to visit us and examine thie car ‘The hatilago cost is unusually low. * ’ COLISEUM MOTOR CO. 131 BE. Fifth Casper, Wyo. » DonseBromens CALL : When you get ready to have your gas Thirty Years’ Experience - Practical Plumber and Gas Fitter : ' 2100-S Bldg.,Casper Phories—Office 697M , Res. 576). connected —