Casper Daily Tribune Newspaper, December 9, 1920, Page 4

PAGE FOUR _ CAT GREEK REPORTS NEW GUSHERL —s Montana Structure Comes in With Production an of 280 Barrels Extends Territory Word received last evening Foi The Tribune’s correspondent in’ the Cat Creek field of Montana states that the Great Western Oil Com- pany, drilling on section 11, northwest of the holdings of the Mi west and Elk Basin, found the sand regular and the well will do 280 barrels per day. This extends the field toward new strike is located close to the féult-) e4 portion between the east and west domes. The area between these two’ structures is thought te be too faulted to be productive. . New Company Enters Fields A new firm that will enter the Wyo-} ming oil flelds the coming spring is| now arranging its offices here in Cas-} per. The company is the Indian Head © Company, and its initial work here ds being looked after by W. A. Berg- Sttom and C. L, Holden, who are in- terested in. the new venture. | The company starts out with some| excellent holdings jover Qe Central Wyoming oil fields. It has three sec- tions in Salt Creek, some tracts onj Pine Mountain that are practically sure to be productive and besides the firm has many other holdings in wildcat ter- ritory. Hamilton. Wells on Pump During the month of November the Western States put two new wells on the pumps at Hamilton dome, and dur- ing this week it is expected that well No. 12 will be drilled in. "These three wells make a considerable increase in the production in Hamilton dome. Con- tracts have been let for two new wells, Nos. 14 and15, the latter having al- ready been spudded in. No. 14 will be spudded in during the next week or ten} days. Dividend Is Declared. McDonnell & Co,, San Francisco Stock and bond brokers, are in receipt of a wire from their. New. York office to the effect that the Lucey Manu- acturing corporation has just declared & quarterly dividend of $1.25.a share on its class “A” preferred stock. ‘This is the stock that is now being offered for sale by McDonnell & Co. at $45 per share, and they state that, ag the divi+ dend is payable holders of record on Dece purchase made on or before De 20 will be entitled to this dividend: Salt Creek Activity Pronounced.” Activity in the southeast end of the} Salt Creek field is pranounged in spite} of the late season. Over on section 16-! 39:78 the Glenrock and Royalty and Producers have spudded in a joint well on the south half of the section, This south half has never had a well coal upon it though just about 100 feet ovet the center line on the north half the same firms have a good well and also ail the way up the west side of this section on.the north half the same firms have several good wells making a nice production. The Royalty and Producers Glenrock are building a home camp near the center of the operations and this is to become one of the best of the small camps in the Salt Creck field. The camp buildings are placed along @ wide street and this street has been named Frank Taylor street. and Glenrock in. Charge of Pilot Butte. The Glenrock Oil Company has com- Pleted the taking over of the Pilot Butte field from the Midwest and the new managemont is making ready for an extended drilling compiign the com- ing spring. ‘This field has never had a well drilled to any sand below the shallow pay and “this section which was held up tempo- the northwest somewhat and the NEW YORK PAYS DIVIDEND SOON Casper Ranger cee Elkhorn BE. Frants Impounded Money Released With| Nort Issuance of Leasing Permit on Section! 27 A cash dividend of § per cent ‘pay able January 10 to all stockholders record on December 31 has Lrg an: oom nounced by the New York pany. This dividend money is taken from the impounded monies production on the northwest ‘quarter of section 27-40-79 in the Salt Creek oilfield, the lease on which section was granted’ by Secretary of the Inte- rior Payne Wednesdyy, according to ‘word received in Casper. Approximately $1,250,000 will be re- leased as a result of granting of this lease. The lease is operated on a 50- 50 basis by the Ohio. and New York oilgompanies. The officials of the New York Gil company today stated that this was the first lease to be issued under section 18 of the leasing law. ‘The terms of the lease were approved for several months but the\lease was not issued until this week, 9 7" Inipounded monies are to: be: issued within a short time, according to word received by the New York, in fact so soon that the announcement. of\.the dividend ‘already has ‘been made. Oniy the basis of division of monies ‘has yet to be/ worked out by the govern. ment, it is said. Release of impounded money m1 from rarily late Jast summer delayed the pay- ment ofthe New York company’s first cash dividend...The company paid a 190 per‘ cent stock dividend last -s un mer to stockholders. : ———— it is evident that the oil comes from a mother pool. Phe Glenrock will put down a deep hole, starting early in the spring and making an effort to finish} Jiy next fall, ats bo we ieee te WY dy O38 Producers, © Refiners* Report. The following report covers the ac- tivities of the Producers & Refiners’ Corporation in its mountain division as of December 9, 1920: Osage, Wyo.—No. 1, section: 30-46-63, setting 8-inch at 1,000 feet; No. 2, sec- tion 30-46-63, rigging up. Ferris, Wyo.—No. 1} section 45, run: ning. 12%-inch at 1,265. feet) No. 2, section 36, hole taken over from con- tractor and will be completed by com- pany. Wertz Camp, Wyo.—No, 2 1,000 feet southwest from } ging up. Wyo.—Deep test in scc-| is drilling at 1,000 feet. | Wyola, Crow «Ingian Reservation, in} Southern Montgana-—Set 12%-inch cas-| ing at 125 feet . iiinois Pipeline began’ taking e oil) from Producers & Refiners’ Corporation! leases, Tuesday, December 7, 1920. the most valuable books of ow you can end kitchen pot watching. a lucky cooking day. Gas Range. o 119 East First Street | ultimately and the cost of drilling the “An Easier Day’s Work” tells you how Every housewife wants her co) FRBE book, “An Easier Day’s It tells you about the pleasure of cooking with a equipped with a “LORAIN” Oven Heat Regulator. ; guesswork, cook a wholemeal in the oven at one time and never even look at it until it is time to serve. , longer need spend -long, wearisome ow’you can make every day The team-matés that make this possible are a “LORAIN” Oven Heat Regulator on a ‘Clark Jewel Come in and learn, the facts. See folly of cooking in the old-time At the same time get this F: Day’s Work.” Come'in NOW, Casper Gas Appliance Co. Riverton Refining -. Royalty & Producers . Mea Oil Ftelas Western Exploration Wind River Refining-....-. .02 04 Wyo-Kans - 180° 2.00; Wyo-Tex —-.. ~ 02 GUESS WORK AT GAGE 15 ENDED Five Sinclait ‘Wells Making ‘Total ‘of 200'Barrels Daily, Ac- curate Report Shows At last @ ‘true report on the amount of oil that may be expected from -the Osage Rela per well is. to. be had, Here- tofore the wells were either just drilled to the top of the sand and capped or elise drilled in and allowed. to flow. spor- adically into storage tanks. Neither tncthod gave any accurate idea of the true capacity of the wells. The Illinois Pipe Line Company has completed the. pipe litte.from Clay Sid- ing to the Held und.js.now, running’ oil regularly a ae ee from section} 77 19, where the Wyoming wells are and which are considered the best in the field, shows that the production from, five wellg runs about 200 barrels per day. This is conclusiye eyidence that the wells in the Osage field. will not do a hundred barrels each, as has been pro- phesied so often, but that about fifty barrels per day will be a fair figure for the wells in that fidld. 2 Nevertheless, this means a neat lit- tle production from the Osage field TIRE SALH $5.00. AND UP We have some of the best brands on the market; 25 per cent discount on all vulegnizing. Radiator Work—Seryice Car Anderson Vuloaniz ng School Rear Masonic Temple In the Alley) jin te ade ete ee ee ee of this wonderful ork.” It is one of its kind ever published. ow you can low you no hours in. the yourself the Ww = arrived hich a this the coast. Me >be (ROaHOEON Ax 29.00) tion made by the Bureau of Mines, de -62| partment of ‘the interior. For compari- Western States ~ 8 Producers &-Refiners -- 4.87 5.09/ son the figures giyen are for the first Content ---522 ss. 2 | By 6.87} nine months of the last three Shep z 8,12} 1918 Soniepkiy obomianers required ee oot! Diamond Feta, 1,12} 465,927 gations. It was ¢uring this " Cod i zee 87) year thit. large’ ds were Mackerel vg Cities Service Com. 270.00) upon the stocks for war purposes alas and the exports of‘the article ine ne ; Glose, | £4 to. 420,042,281. gallons. In the é Mexican Petrol 163.75 |>months of 1919 the home consump’ _ Dill, Sweet and Sour Pickles. exican Petroleum 25.00 WAS 2,574,641,26% gallons, or an increase ° z de 4g.12, Of 202,085,834 gallons over the. 1918 pe Have you tried our.home made pork sausage? 00) Tg During the same months 268, It is: fine; Che pound Cis senate octet es... 25c 78.00 | 166,964 gallons were exported, or. 36 : oat er cont less. than in the former posto. CHEESE Union Pacific R. R. 117.25}-These figures show the change in the - a Kate FOREIGN EXCHANGE demand for war purposes, In 1920, how- Blue Hill Green Chili Yellow meric: Sterling -. : 3.45%! ever, the demand fér the article rose Blue Hill Pimento White Full Cream .0588 | rapidly, and the domestic consumption Blue Hill Cream Brick Ch wells is rather light, so that it is a good paying proposition and werthy of|of the report, a the ettorta be the oil fraternity in de-| stocks had been reduced to 288,195,394 veloping it. igri ye ‘election, Patisserie request a is- meeting. LOUIS SCHMIDT, _—o Tribune Classified Ads bring resuits. “kerosene. REE bock, “An Easicr a Phone 1500 °** OVEN HEAT REGULATOR | RU AARUDUBEDN EHSAN RePaNe M ahc er Mud oer tides .0134| for the first nine months is given as (0367 |3.211,276,988 gallons, or 636,734,722 gab “7% | Jens more than in the comparative pe ee riod of 1919, and nearly @ billion gal- American Cream Limburger Cheese We have Sweitzer Cheese at 65 cents the pound {west hetan yo ise nee naa Wee cxoeee We BUY THE BEST — DO YOU? per be 02 gallons. STOP AND SHOP 5 rs, belng 445\433,992 gallons. -- $6.22}Our shipments “e tithe » 86.' *e not incky A . DU eis i jvore 16,312/986 gallons in the first three- 85.94] Quarters of this year, and a little 95.56) than in previous years. : ‘She amount. of gasoline required for “| doméstic consumption, export, and for our insular. posseasions-during the: first nine months of 1920 was 3,693,028,361 gallons, This would be 410,336,484 gal Jong. monthly that had. to be ‘supp! to mest the demand, or) 1,603,063 gab ns each day. more 5 Se) <n. | AUTEUR Taylor & Clay CASPER, WYO, Ground Floor, Oil Exchange Bldg., Casper, Wyo. Phones 203 and 204 Local Oils | Bought, Sold and Quoted NEW YORK sTOCKs AND CHICAGO 06 Butte ---~ 22a ane 2, Dome ~~—--------------- 2.75 Crock 3,05] ! : The stocks of gasoline on January 4, *1 1920, were 446,793,431 gallons, or about @!one month’s consumption. At the close on September 30 s, which mount was less than on Le PRR a IRE seetoe dnta’in’ 1019, arid "about the REDMEN, ATTENTION! leutne ax ass8. : eeting tonight at I. 0. O.| “Rormerly the kerosene industry was |= Initiation of candidates and | the main branch of the petroleum bush of officers: will be main fea- | ness,” but within the last decade this . All menibers are | nag become subordinate to the gasoline Cc. of R industry. ‘Taking the game periods the Ds 9-9.1t |: consumption of gasoline is estimated ay ri Beit bree timgs greater than that of n . t hall. Suecialistog ix Direct Over Hutton & Co. Private Wires '[ry Tribune Want A Cunningham Company ~ Our Annual One-Half Price Sale of Ladies’ Ready-to-Wear Is Still _ In Progress: We have placed on sale our entire stock of Ladies’ Plush and Cloth Coats, Silk, Velvet and Cloth Dresses, At One-Half their former prices. You will find many beautiful garments in these suitable for Christmas gifts. Sale of Corsets Sale of Outing ‘ eo4 Worcester corsets $2.75 Royal Flannel Gowns at es $1.75 $3.50 Royal Worcester or Bon Your choice of values from ON ft Se a ee a $3.50 to’ $4.50 at $1.95 each, in These are all back lace’ in a a good run of sizes, both. white ee ratwa ire ee rae eae oe eee tel SER Oe good range of sizes. and colored patterns. Women’s Onyx and Van Raalte Silk S Ss At Extra Special Prices Friday and aturday Only Our extensive assortments of the celebrated Onyx and Van Raaltc stockings afford Christmas sho: s pers a most advantageous pportun- ity for choosing, likeable gifts. P ? Oh ’ be ot: Pure Thread Silk with Lisle tops and feet; $2.50 quality. Sale Price, $1.39. © Pure Silk with seam back, Lisle top and well spliced heels and toes; colors black, white, Cordovan, African brown, etc.; $3.50 gale These. are all first quality and are fc i y- at these prices for Friday and Saturd e , eRe ; Sons 4 Children’s Stockings — At Special Savin ; Heavy and fing ribbed soiree in colors black, white and brown; sizes 6 to 10; regu- larly 75c.. Sale Price, 60¢, : ; yee ACS ae showing a wonderful a Purest din paintex: heels’ 84.50 qual of dolls and other toys at very reasonable i Se Aes oe oe a prices. Sleepings dolls at $1.00 and up, “ALWAYS THINK RICHARDS & CUNNING CO. WHEN YOU WANT THE BEST” Se ae ae quality. Sale Price, $2.50. "Heavy Van Raalte in colors black, white, Cordovan and grey; $5.00 quality. Sale Price, $3.75, pt ttt het) ht eae hs A teh Seg tat <