Casper Daily Tribune Newspaper, January 5, 1921, Page 4

SECOND, REPORT ‘Foday’s Markets by Wire ” Parnished by Taylor & Clay - Ground Flocr Oil Exchnge Bldg., Phones 203-204, Developments of Recent Months} ¥: am att | 98, Wve Men - 02 04 , ib Breen Put Southern Field Ahead of : Bid Ask | Western O11 F ‘23 26 Big Muddy Amalgamated Rovalty 09 412 NEW YORE CURB CLOSING kre, Americar 3 0% 01 Spore Bid, Ask { Rock River has stepped into second : OI * ha | Ang Wests Retiine | 1100.00 asia place among the oil fields of the North 28] Mote Ee ee West; Big Muddy has always held this 82] wrercitt aie: 71 A ea Position up to the present. but the ra 781 Gh ~k Ol i ge) 338 ports-of the past few months show def-| Buck Greck 96 | Sale Conele os eee initely that the decline of- Big Muddy | Burke | = ‘ie | Wyauteln Sew + Ss eae Production has brought that fleld be-} Black ‘Pall “Oa aoa aries 3 eS low the figure that represents the pro-IGanitol Pete “ean ee ; ate Custion at Hock River. Columbine 40} sone Basia aie This does not mean that there is any |< “48h A 5 ae danger of total failure in. the Bix Congplidated! Royalty 48} Allen | --. ae Muddy, this field will be producing of | C#PE® Ranger Ot | Qumnulges = ae atter the present generation is dead} COW Gulch -- .07| Cities Service Com. 236.00 and gone, but it means that the Rock oe River development is rising to a stu 14) NEW YORE STOCKS Ppendous production of crude in spite of F. Williams 06 : Close the fact that there are only a com 40| Mexican Petroleum 154.00 paratively few wells there. -66) Sinclair Ou - 22.87 Many of the oil men are hazardin: -O8) Texas Ol ~__-. 43.50 conjecture as to the possibility of a} Hutton Lake --- 05! Pan American Pete — 73.00 come back of the Big Muddy field in| Jupiter — 041 U7. 8. Steel ------- rnc <B187, FR & deeper sand. The Mid t is now} Kinney - 2 26] Union Pacific R. R. 119.00 118.62 drilling two wells that will make af Lance Creek F 09 test of the deeper horizons and the Big Muddy dome does’ not seem to have R78 been formed as the sole covering of the}'‘Mike Henry ---- ted Di pool. As is known to all the} Mountain & Guif eet geologists, the structure extends’ well} Northwest 4 to the south and west of the present] Outwest — field so that it would appear that the} Picardy ___ : true field should be several miles long-| Riverton itetining .09 er than the present development shows.| Royalty and Producers 27] First 4s Big Muddy is now producing from] sunset —..._.. 3 .07/ Second 4s s, the first and second Wall] pom Bell Rosalt ‘04| First 44s : and is known by the out-} western Oil Fields 3 ” econd 4% crops, there » two other formations} Western Exploration —- that could hold petroleum below the! wind River Refining Jot pres ing horizons. MS Kate e190 SS WASTE OIL FIRE Grass Creek Rock Creek Torehlight Salt Creek CAUSES ALARM |x sasin Big Muddy \ Greybull —.. Pilot Butte or, Lance Cree! .06 | Hamilton Doi A lot of waste oii that had run out | Lander - 1.76] Mule Creek ~.-.....—. of a broken pipe line between here anJ Salt Creek was fired yesterday and burned for about an hour. The smoke Was plainly discernible here and cause { several hurried telephone calls to the field and pump stations regarding a le conflagration that might be do- \f The fire was merely a Waste oil fire to get rid of the oll. - NINE HEAD LESTOGK PERISH IN BARN BLAZE BASIN, W «on the Jay BUSINESS ON a , including nine head{ an automobile, machinery and The loss is a heavy one for the owner as there was no insurance on the premises. ——_—_—___ Homan military standard and neral’s camp chair, after the defeat of, icea, have just WMAKET GOSSIP AND FIELD NEWS OIL PRODUCTION IN U. §, SLUMPS The Anterican Petroleum Institute estimates that the daily gross production of oil in the United States for the week ended December 25 was 1,248,825 barrels, as compared with 1,290,875 for the week ended December 18, the decrease being attributed to the reduction in pipeline runs in the Oklahoma-Kansas field. Of the total amount Wyoming and Montana contributed 48,870, as follows: e Wyoming— D Dec. 18;some time would be required to dem- t Creek 27 onstrate whether the job was a suc- is Cree is The presence of oil with the Basin water is considered favorable, but it is Muddy too early to say to what extent the well Rock Cree! 25] will come back, and when as several Others - 60;/months additional pumping may be re- quired to lift the infiltrated water. The Totals, Wyoming ----46,470 48,675] well originally produced 900 barrels a Montana— day. Cat Creek 2,400 3,500 Lance. Creek Operations. Buck Creek well No. 33 is being cemented preparatory to drilling jon down. This well is on section 3-35-65 Lance Creek field. This takes up much time and is tedious work. Some time Totals, Wyoming and Montana --48,870 New Edgemont Well Started. The new development just out of should be demand for tinues and thet liquidatior wage (By Associated Press) KANSAS CITY, Mo., Jan. 5,—Although every industry in the dis- trict has felt the effect of curtailment and price recession, many ob- supposed | Servers now believe the situation will soon right itself and business proceed upon a broader and more dependable basis than at any time However, ace! crisis has not 1 and hope is ex! have taken tions which’ closing of se’ conservative r prevail.” re must now be taken Concerning bulletin reports that c ployment has been reductions have in some places. Price reduc the ctions WYOMING CRUD E OIL. MARKET ON MORE DEPENDABLE BASIS, CRISIS HAS NOT PAStD District Federal Reserve Renews Warnings Against Credit Extensions Without Care in Loans; Employment Curtailment General uction in London. “tsince the war, according to the December monthly statement of the tenth district federal reserve bank ‘ding to the report, t ning from the y necessitated 1 e banks and member bank in this district and that wil banking practices cautioned that g the labor situation ailment dt pee! Missouri, Arkans: age of unemployment in the mines-dur- ing November and early December was less and production larger than‘for a other previous period for a long time, merchandise, which are being forced at a conside able loss, have brought slight improy ment to the wholesale trade although the volume of business i: der that of November and Decem year ago, on bulletin reports. of em- announced | A striking exception of the general labor situation, the bu: letin states, is to be found in th mining districts of Oklahoma and have been fewer strik: ation, the one the hat} ¥ | JUST ELEVEN MORE Edgemont, S. D., is still hanging fire; another well has been started on the A. J. Coglan ranch near the strike and with good weather this hole should be down in a couple of weeks. The discovery well is still waiting on{pjeted the cementing of their well on the rest of the tank plates that were lost in. shipment. | Fred Womack, one of the drillers who was engaged to drill this well, met with] an accident just out of Edgemont when | n car he was driving turned turtle and pinned him beneath it. He was taken to Edgemont and the doctors found no bones broken, but bad sprains und bruises. He will be confined for bout a week. Fate of Elkhorn Well Uncertain. Elkhorn No. 6 on section 4-33-76, Big Muddy field, which was the big divi- dend payer for the Elkhorn Oil Com- peny until it went to water more than & year ago, is now pumping both oil and water. The United States bureau of mines, in co-operation with the Mid- west Refining Company, has been working on this well for some ~time. Difficulty was encountered in locating the source of the water. At first it was believed to be coming from the bot- tom of the sand and this was plugged off. Then a cementing job was under- taken to shut off any water from above the sand. This cement was drilled through and a pump put to work. Water has stood on the sand for more than oa year and it was expected that GEOLOGISTS Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Print Co. P. QO. Box 325. Rm. 10, Lyric ec nga opener ne OIL EXPERTS}, With reference to tail trade, the; bulletin notes that despitea falling off in demand and a hesitancy on the part} of the public expenditures, retaii_ me chants reported “a fair business.’ Turning to the agricultu the bulletin says the winter weather this 3° pecially conducive to favorable farm operations and that an abundance of moisture, save in isolated localities, has made the prospects most encouraging | for the next growing season. dalle 2 anon lt ‘Buck Creek Meeting. The annual’ meeting of the stock-| holders of the Buck Creek Oil Company will be held at the Bank of Lusk, Lusk, Wyo., on Tuesday, February 1, 1921, for the purpose of electing directors and| transacting any other business. ‘The, transfer books will be closed from Jan-| the kind that makes us feel that the| ¢ ro ay | field is in every way a source of wealth,| UOT 22, 1921, to February 1, 1921, both) that can be brought forth with time) %tes inclus and effort. Must elapse, too, before they can pro-| ceed with the work as the cement has; to fully set before the work.can again be taken up. The Ohio Company have just com- section 35-36-65, putting in bridge and expect to drill inside of thirty days. if this comes in an oil well as it looks now as though it would, there will be much excitement in oil circles as it proves territory in this end of the field} |that would mean much to the oil com- panies, The joint well on 28 is down over 1,200 feet at last reports and the work is moving right along. This being o test well i. is watched with much in- terest and great longing on the part of some. The drill tells the truth and Jet us hope in this instance it will be ——_——»-——- ~ A Long Sentence “Do you take this woman till death do you part?” demanded the parson. “Don't I get any time off for good behavior?” retortted the groom cruelly. —The Amercian Legion Weekly. oe Rs It is even more difficult to keep your outgo from going. out than to keep your income coming in. ——————_—_ Tribune Classified Ads bring results. | Ae ‘Attention-Retail Clerks ‘ Don’t forget our regular meeting at Moose Hall on Wednesday evening, January 5, at 8 o’clock. It is very important that the full membership attend. HENRY WALFORD, JOHN D. SALMOND, President. Stcretary ooo eNO UU Hn NA vn | il mye Fs: areca aor White The Final Crash Has Come My Store Has Been Leased The Fixtures Are Sold — _ [| Must Vacate Jan. 15th © The J. L. Learner Store will be closed Forever. Now is your chance to get Mens’ Clothing at Give Away Prices Remember this is not a reduction or money raising sale, it is a slashing of prices on my stock which enables me to leave Casper. I have acquired business interests which necessitate my closing out here. To Refinery Men, Railroad Men, and others who have traded at my Store during the past nine years: I believe you will agree with me when I say that I have always sold the best of merchandise, and have always, to the best of my ability, treated you fairly. $1921 \ The Merchandise I am selling today is my regular lines that I have handled during my business career in Casper. - practically your own price. It is of the highest quality and is going to be closed out at A WORD ABOUT SOCIETY BRAND CLOTHES This particular brand of men’s clothing is acknowledged to be one of the very best makes A WORD ABOUT i MORSE-MADE UNION-MADE CLOTHES This brand of clothes is strictly UNION . MADE. _ They have always been popular with those who wear good clothes. Many of my cus- tomers can tell.you of the real merit in Morse- Made Union Made ‘clothes. FOR THE FINAL CRASH! I have placed every suit of my remaining stock on the table of slashed prices. They are divided into four lots and it will be many a day before you can buy quality Suits like these at the prices quoted. YOUR SUIT is here at less than One-Half: Price. LOT 1 519.50 These are regular $40.00 values, and will give you wonderful wear. They are gifts at $19.50. : of clothing on the market. I have sold Society Brand clothes for year$ and they have always given the greatest of satisfaction as my custom- ers will testify. F LOT 2 | $29.50 This lot is very fine in style and tex- ture, and is our regular $60.00 value. - LOT 3 $39.50 This lot is of very fine quality, and are classy Suits for dress wear. . Regu- larly priced at $78.50. LOT4 - $49.50 |} In this lot are the finest Suits made, and regularly selling at $90 to $100. Now going at less than one-half. To Railroad Workers and all out-door workmen—W e are closing out the famous THOUSAND-MILE SHIRTS at $1.87 Each The greatest out-door Shirt made. The famous John-B. Stetson and Mallory Hats have been my standards and are cut to less than one-half. We Are Offering at Your Own Price Leather Vests, Grinnell Glo no Shoes, Lee Unionalls, Flannel Shirts, Dress Shirts, Sox, arits, etc. Friends—I am leaving Casper. slashed prices ever seen in Casper. J. L. Learner 260 South Center Street, Opposite Natrona Hotel ves and Auto Gloves, Ral- Sweet-Orr Dress and Work Come and get your Men’s Apparel at the greatest