Casper Daily Tribune Newspaper, December 3, 1920, Page 4

St Su in - lie lin un « ‘ q . .} CE > > of this month. The Sinclair-Wyoming Company Was incorporated last month and} B with the change in operation here, . Aligeo was named active head of. the company. Up until /Deéembér 4, the Sinclair company had just operatéd an agency here in the state and Mr. Algeo| as the cémpahy’s. agent vhad active charge of affairs. . Western States Operations, ‘Western States Oi! and Land com pany’s well No. 11, Hamilton dome, Wyoming, is driliing in sand at 2,645 fet, with 900 feet of oi! standing it the hole. Well No. 42, at 1,730 feet; has had a fishing job for some tite. The .tools ave been recovered and the well should be completed at an early date. Well No. 4, Wehopeso No. 4, Mule Creek, has béen cémpleted and put on the pump. Tt 106K8 like a 75-barre!’ well. Well No. 1, Crooch lease, Grant coun ty, Okjahoma, struck sand at 2,157 feet, It is making 6,000,000 cubié feet of gas, The sand has only been touched. Well No. 1, NE% section 5-39-78, Salt Creek, is drilled to the top of the s ond Wall Creek sand at 2,380 feet. Tt has been cemented and as soon as the cement séts it Will be drilled in. Four Locations for Osage Wells. Producers and Refiners corporation has made locations for four new wells on section 30-46-63 in the Osage district of Wyoming. . It has spudded in on No, 1, which is in the northwest corner f the south half of the southwest quar- ter and 630 feet south from the 00/1 ‘Well recently completed by the Glenn Oil company. The location for No, 2 is in the southwest corner of the same eighty acres and No. 3 is midway be tween Nos, 1 and 2, while No. 4 will- bs Grilled 300 feet east from No. 1. An effort will be made to complete all these Wells hhefore shutting down for the win- fer. The company now has three pro- ducers in the Osage field. Big Indian Lease Pending. Advices from Washington state that the papers for the Big Indian Oil and Fas Company's leasé on the SE quar- ter of section 3-39-79, it Creek field, are ready for final consideration by Clay Tallman, commissioner of the F5 #1 land office, upon his return to Washifigton Friday from « trip to Den- Ver and the Wyoming oil fields, It ap- I likely that they will be sent to fhe secretary of the interior for appro- val and for th f the lease at} once. The Big Ind ult Creek Con-| Solidated camp, in this district was re- cently enlarged and large quantities of drilling .material are gh’ the Ty an extensive drilling campaign. This ground and the Big Indian ground in the NW quarter of section 11 is all Considered proven territory and un- ‘doubtedly will yield a large production, ‘Officials of Big Indian have announced that its stock will go on a dividend basis of at least 1 per cent or 2 per cent monthly as soon as the leases are granted. Wyoming Oil Worth $153,985,500. The present value of Wyoming’s oil production pproximately $153,985,- 500 based on the formula of Victor Ross’ in his book, “The Evolutién. of| the Oil Industry,” recently published by Doubleday, > & Co. He esti mates the value of production at $1,000 per “| of daily yield ‘multiplied by price of oil. Wyoming 54,030 barrels a day, for the according production Oklahome Specia 114 South Wolcott Street = _ Taylor GRAIN round |: Lester Brokerage House . NEW YORK OIL A Incorporated CASPER, WYO. Ground Floor, Oil Exchange Blidg., Casper, Wyo. Phones 203 and 204 “ hocal Oils Bought, Sold and Quoted NEW YORK STOCKS AND CHICAGO Direct Over Hutton & Co. Private Wires : * ° ° ¢ * * ¢ SINCLAIR “AGENT 1S NOW MANAGER T. F. Algeo is no longer “agent” for the Sinclair Oil Company in| Amalgamated Royalty ---——- Wyoming. With the act of assuming control of all Wyoming interests | 2 Z of the Sinclair by the Sinclai:, Wyoming Company, Mr. named vice president and yeheral manager, effective with the: first}. Algeo has been $58,571,000; North atid Central Texas fit $617,690,000, and California at $456,- 443,000, + Union Buying Sunset Stock. Denver brokers haye a report that the Union Oil Company of California bas been acquiring stock of the Sun- set Oil Company in the open market for the past six months and that this may fhdicaté a move-to acquire con- trol. closély held in a pool and if control is acquired it. most. likely would be through the purchasé of the pooléd stock. It is known definitely, however, that parties closely identified with Union Company have plated several large orders for 100,000 shares each with brokers within the six thonths, Sunset sharés were put out fp Deriver at 70 cents and have sut- féred déclines to around 10 cents. It Was evident that the lnrge 2 Ss Aaa ders were not” market manfpulation, as the Bayne tapped wheneVer the market: showed any material géin. The Union Company operates the t properties under a 60-50 agreement. $100 FINES ASSESSED AND GAMBLERS WARNED ANGRINST RESUMPTION Police Judge Perry A. Morris told the three men arrested on charges of oper- ating gambling houses Were Wednesday night that they would have to cease their activities when they appeared yes- terday evening in police court. He at.) tached the maximum gainbling fné of $100 to the lecture to each One of the three. All three had pleaded guilty when they appeared in court. The fine of $100 apiece is not expect- €d to have a very decided meral effect on the gamblers, However, the seix ure and confiscation of the equipment probably will bé extreriely ‘effective, ‘tic- cording to the police. Cy re grt? yan Oe BOY SCOUTS TO MEET. ‘ ‘Troop 1 of the Boy Scouts will hold n troop council-meeting this evebing, The troop met inthe gymnasium of the Natrona County High School last Tuesday night and enjoyed a frolic! Most of the time was spent playing asketball, a& ‘he tf00p hopes to take the championship in the coming Boy Scout tournament. ¥ —— Prompt. deliveries, courteotigy 5 fair pricés, bést quality, are paramount at the DOUDS-OLAAVER Hardware Co. Store. 12-2-3t eoupioersasetipprets nates An interesting exhibit in the Natu, ral History Museum in Néw York ‘City is a reproduction in glass and wax of a two-inch section of the sea-bottom; with its plant and animal life magni- fled 15,000 times. pie x cee No one is great until he feels the pange of a crucifixion. i GROWING DEAF WITH HEAD NOISES? ) TRY THIS . Dh If you ‘© growing hard of hearing and fear Catarrhal Deafite’s.or ff you | have roaring, rumbling, hissing noises | in your ears go to your druggist and Niwas iad potcber 4 /8et 1 outide ‘ot Parmint ‘(double Ph rautitute.” cath ioe} Strength), and add to it 4 pint of hot troleum In ul a water and a little granulated sugar. for Wyoming crude Is ; ‘99 | Take 1 tablespoonful four times a day. The “daity yield -muttip! by $1,000)" “rhiy will often Bris -dulek rerler find the Fesutt ‘muitiptied by 92.86 gives fiom “the distressing head’ noises. A value of $18,985,500. While this/Gioggca nostrils should open, breathing formula may hold good as to the mid ae casy and the mucus. stop: drop- continent and Texas fields, it fs need:| jing into the throat. It is easy té pre- less to add that Wyoming production! pare, désts little and is pléfisant to gould not be purchased on this basis) taxe. JAnyorle who is threatéhed witn as none of the fields have yet reachéd|Gutatrhal Déafness. or who Had head their peak. On the same basis, the) noises shotild give this prescription a is valued _ at} trial—Aav ¥ lizihg in * a o Phone 1142 & Clay MARKETS Columbine --. Consolidatéd Royalty -. . .| Casper ete ss, WO A majority of Sunset stock is/ > * Cow Gillick - ics tsnee Domino sis--sdosse ssn Elkhorn 1.09 2.85 1.19 3.00 90 08 06 06 28 AL Lusk Royalty 1... Cusk Petroleunt ‘seep e needa denweii--- £751 Mule Creek STANDARD MEN RETURN TODAY “FROM CHICO Industrial “Relations _Represetita- tives Learn of Stock-Purchas- ing Plan at Windy City Conference The cleven members of .the Casper -bidustrial council of the Standard Of Campany of Indiana. have . returned from @hicago where they attended the aniual meeting of the joint employes’ counél held” there this week and thé latter part of last week. It was at this meeting that Col, R. W. Stewart, chair. | Fourth 4%@s WYO) CRUDE OL Gries Oreck 22st. scc dive 98.10] Rook Oreck ‘Torchlight eer: 110} Salt Creek ssesli ects carn 2.71 110) Big Muddy —--___ eect sun 2 we-nn----~ 8.10] Pilot Butte ‘oso 2.78 aban seeaein---nts=-~ 9,05] Hamilton Dome L2—in------- 2.78 nian of the board of directors of the in- dustrial relations department,. an- ‘300 12.1: 29.00 5.25 c 6.87 8.97 et eae Rig 87 270.00 275200 NEW York srocks ~Open Close Mexican Pétroleum. —--$167.76 $171.50 ‘Sificlatr Om 25.87 Pan American Pete 83.25" $4.12 82.50 $2.62 49.50. 60.12 119,50 119.50 EXOHAN Sterling -.. - 3.48% Francs 0607 Ot Second 4%s Third 448 Victory 4%s tes LAL) = 3.0F 5 : a = “ whereby the employes would be given an opportunity to secure one-fifth in- terest in the stock of the Standard. Col. Stéwart, at this -méeting, pre- dictéd that it would take a special act of. the Indiana legislature to put through the plan, but that the Stand-| ard would do all in its power to ac complish the passage of sith @h act, The stock purchase plan is in line with thd policy adopted toward it’ employes following the perfection of] its Industrial relations plan by Mac- Kefizie King, the Canadian Liberal, who is reported t6 ‘have férmed sdfme- what of a sitiilar ‘plah for the Cod rado fuel and Iron Company. . He pointed out that in “as much as the stock is voting stock, the em- ployes may elect a member of the board of directors at the end of a five- year period. Col Stewart stated that “we will welcéme ‘hin: i Speakers at this big betiquet Held in the Ba Salle Hotél at Chicago, fittiuadd, T. BP. McGuire of C: ©, Photographs of the celebrities at, the duet puh- lished in the Teadtiig nie news- paper showed Mr. McGuire ‘seatéa xt the banquet table beside ‘Col, Stéwart. poe ea is -réported to be following bi much interest the Sipe she sine! ween the state department in Wash- ington ead the British foreign office over the exclusion.of United States oil interests, from British mandatory terrl- tories. Publication of the. sensational book, entitled “Petroleum,” which has been written by the economic special- ist, Francois Delaisi, has called atten- fion. fo thé oil situation. He brings out i fun force, the klgantit economic strogéle between ti@se two great pow- érs, and although the facts of the strng- fle HAd been knoWn Wefore, this is th: first assemblage: of them. The facts brought out by Prof. De- lais] Show that the néed of oil in ocean going steamers atid in battleships is fundaiental. Because ah oil burning battleship ‘cali tarry ‘midre fuel and iy? guns than a‘ warship burnffiz oal, the need for Oil s ‘evident. A few years ago +t Britam had no off while the Unitéd Statés was pro- dueing 70 pe cent of the worlds total. : 4 wry according to Delaisi, a few Ens- ish statésiten and - Ciers, séeing “that Ameri¢an fuel of under boilérs of great sitips might énd the British em- pire,” Immediatelf bégati to Mieét the peril by quietly negotiating to obtain ‘of fields in many parts of ‘the worl. Interests were acquired in Egypt, Cey- lon, ‘North ‘China, Sian and the Malay states, It also seemed certain that with the opening of the Panamth ¢inal “half the steamers of thé World would within 1 few yéars pass the-Antilés and require fuel there. The British established themstlvés at Tampico and the revolu- tionary troubles in Mexico, Delaisi con- aidérs, were largely: ve to the rivairy between Lord Cowdray and Jobn D. Rockefeller. 8 The English also obtained soffie oil concessions in Colombia, Costa Rica, | Venezuela and Hétador, but the United lie state depa i Was aroused and invoked tHe M doctrine, fore- ing these countries to chancel thesé con- cessions. sé be & ‘Using the Gamduflage of értan Aifériean Cotipanie’, tHe British acted more prudently in the future, &fid in- : bei BRIDGEPORT] _ BELL SOCKET ahd LATCH JACK are ufactured by men Whd | know § iow from material best Suited for their intended use. ou can BUY or RENT one ftom any of our brarich stores and get it when and where you Want it. “Thé Service That's Atways There” Ui Mi ee ; — Aj ———— nearést telephone. The Bridgeport Machine is just as close as your Company Factory a nounced the plan of purchasing stock Tefbune Classified Ags bring results. 4 = ro 4 British. The p || Delaist | nearly 250° years Cotnnbia wHaer: This wuINe. Une Eeoelocteky an 0} scan penling tn the United States as recent as 1919, the, Shell) rc : sold 70,000 shares ind The British government itsclf-enté ed into thé off business in Persia, Mcs- ‘opo! Fe ‘Burnie. The control of the * ment was practically handed to the result is s 000 barrels of off under the land of tha) ee tal el ot antl ‘consdiiption rat retag 18 years, there are 59,000,000,000 bar-| rels in the entire world, mostly i Eng- lish ‘hands: by hia theoretically, Great Britain cénséquently has oil for| The success 6f Mngland equals the greatest achievements of the Roman) senate in its Bedt days, says Prof. De-| taist. And he gives the credft for tc Sir -Mareus Sarrtel, Lord Cowdray, Lord Curzon and Prof. John Cadman | of the University of ingham, who is said, to,have conceived the great feat and who has acted as fts economic brain thtoughout. It was not to Be until after the arm- istice that the United States reaify-woke ap, although this country had supplied 0 per cent ‘of the Allfes’ oil during the world way, Thé Standérd Oil company then started séndmg prospectors to many parts of the globe, but in nearly all instances the Company found itself forestalied by the British. Then it was learned that @véh certain Céntral Amer- ican cofmpatiies, Supposedly American, were actually English. Sir E. Maskay. Edgar in. a famous declaration said that exc@pt for Mex- ico and a small portién®t the United States, the entire world was barricade. against the American ofl intérests and pointed out that it Was fortunate for a the English that the American peopl | grr had opened their eyes too lafé. Senator Gore insisted that, British oil interests be excluded from. this coun- try, and a law passed April this year enablés the secretary of the navy to éreaté “Oil reserves” in any state, and if necessary to expropriate foieign in- terests. Sune 29, Thomas O'Donnell demand- ed Of thé interfiationhl ¢hamber df com- merce that equal privileges be giveu Améritan compahies throughout the world but his plea was without suc- cess. Shortly after. ‘this Franklin K. ie, former seeretary of interior, the Sin : e the & ot for Sig witha Bh, E the redet isul in a to sign alt the and long) French, as well Brench hui Roumania and alicia, to +4 ploitation.""» This is taken tol British exploitation. ‘Tribune Classified Ads bring RAND POWDERED Mr x Klim is endorsed by teag. ing food authorities and emi. nent p! for it is the ideal milk for all milk uses, Klim comés in é twoforms: whole tif (fall cream) and skimmed milk (forall cook= ing purposes). You-can buy ff it by the pound and useit By the spoonful with no waste. 2a } MERRILL, SOULE SALEs ( ‘Ist Nat'l Bank Court, Rock Springs, Wyo. -FOR SALE BY ss ELLY & CARR ho CASPER STORAGE Grocr: 118 Hast Second—Phone 7 W.-H. BROWN GRocEny ( Oil Field Maps Bloc Pri Explorations _ Reports Wyoniing Map & Blue Pri Another Big Reduction Next Five Days SUITS, OVERCOATS . AND MACKINAWS Almost At Your Own Price See our basement store for complete line 0 Boys’ Furnishings, Suits Also the largest blanket stock in Wy: ming—s00 blankets on display. Bought er cent under the matket and going at argain. Scott Clothing Co 240 South Center Street BOSELLY Corner South 25¢ beans - 1—No. Ve Pork and | per found Fiye podnds na 20¢ 30c 65e 25c y beans an eeu ie $195 40e Children’s toy brooms (00a) No. 10 c: rado Sliced peaches ____ No. 0 can apples 1.10 . 75€ ORLY nap ii a , fine $3.40 po per four wf 60 Gite, Gor pound ----. AOC 1-gallon can amber Karo nan amher $1.00 Vound ‘can white i pera 60c abound Karo 2 8-0% sup vie Tall glass “pple butter . Crystal White soap. per box & CARR Beech and East. Fifth Streets, Phone 545W All-Week Specials 1 VC Pork and (MEAT DEPART MEN? Robt. Scott, Prop. BEEF Loin steak, per pound Notind steak, pound __ Shoulder steak, per pound T-Bone steak, per 9 gbeelihee tin A SEY Ae EE Short cuts steak, per pound Best Pot Roast of beef per pound Pot roast of beef, per PONTE ps Sa Hamberger sveak, per pound ~... Plate Boiling Beef, por per pound: ~ 6s see <t2~ nf LAMB-~ Leg. of, Lamb, per sd pound ----_- 2 3 at Nga 3 Shoulder of Lamb, per pound ~ Lamb Chops, per pound Lamb stew per pound .. Pork Chops, per ‘vpowha Best Pork Chops, per Boutri ee ee or ery Kvesh Shoulder, per pound Pork visage, per | Potind 5.20 259.0 Clea * Lard, per 3 YOUN en ae aa Compound,’ per 9 pound \. 20 2222s see <