Casper Daily Tribune Newspaper, February 24, 1921, Page 5

THURSDAY, FEB, 24, 1921 WAKET GOSSIP AND FELD WEN STATE PROGUGTION STIL GROWS Wyoming production is still climbing in spite of a falling ’ m the nation at large. Although off in oil runs reported fro only 1,273,200 barrels a day during the week ended 1,282,615 barrels for the country, Wyoming fields daily, as shown by the following re- port on daily average runs of Wyo- ming and Montana fields compiled by the American Petroleum Institute: WYOMING AND MONTANA, Wyoming— Feb. 12 Feb. 5 29,000 4,600 2,900 . 5,900 Laramie District. 7,000 Others ......... 2,230 Totals, Wyoming. .53,455 51,630 Montana— Cat Creek -....-_... 2,400 2,400 Totals, Wyoming and Montana ...55,855 54,030 New Use for Isolated Gas Experiments recently made by the United States bureau of mines indi- cate that choloroform, carbon tetra- chloride, methyl chloride and other valuable chemical compounds con- taining chlorine may be manufac- tured from natural gas that is other- wise going to waste. A great amount of natural gas is being wasted at present because the wells are so far from industrial centers, or the gas supply is so limited, that it is not worth while to build pipe lines for the transportation of the gas. This situation is especiall}; acute in cer- tain flelds in Louisiana, Texas, Wyo- mnig and California. It has been known for over fifty years that chlo- rine gas would unite with natural gas, but the essential facts on which to base commercial developments had never been determined. The results of the bureau of mines studies of the processes and reactions involved are given in a report just published. Tech- nical Paper 255, “Chlorination of Nat- ural Gas.” Copies of this paper may be ob- tained free of charge by addressing the director of the bureau of mines, ‘Washington, D. C. Field Man Here on Visit G. L. Fergerson, the well known field superintendent of the Glenrock Oil company in the Pilot Butte oil field up the Wind River from Riverton passed through Casper last evening enroute to his home at Tulare, Catifor- nia, where he has been called by the serious illness of his oldest son. Mr, Fergerson is so well known throughout this part of the country that a host of his friends sympathiz> with him and extend their. best wishes for the quick recovery of the sick IN GAT GREEK Homestake Oil Company Uncorks Its First Gusher in West Dome Area ‘WINNETT, Mont., —The Homestake Oil company, at a depth of 1,350 feet, brought in its initial well in the southwest quarter of Sec- tion 10 in the West Dome area on the R. B. Benson homestead. This company entered the field with two standard rigs about three weeks ago and has already brought in a well. It is flowing at the rate of 50 bar- rels per day. This is the fist well to successfully cement the casing be- fore it was drilled into the oil sands, the practice heretofore being to land the casing on the soft shale bed or on the first sandstone, neither of which are considered Lephseairs yeahh nae chorages. The Homestake is a Mon- tana compeny, and is to be congratu- lated upon its success. Immiediately south of the Home- stake holdings is the Miller tract, a government permit upon which are operating the Hover-Schwartz syndi- cate, the Lucky Strike, Unit Pe- ‘troleum, Montana Superior, Great Western and Twin States companies. Bach of these companies, with the mn of the Twin States, which is about to spud in, has brought} in a producing well. None of them, however, are strong gushers, but nevertheless are considered by those best informed as satisfactory pro- ducers. The oil is of the same light gravity, namely, 47 Baume, and is found in the first or Dakota sand- stone at depths ranging from 1,250 to 1,880 feet. It is quite probable ‘that this section of the field has not the same hydrostatic pressure under it that maintains in the area to the east where the Frantz corporation and Mid-Northern Of] company are oper- Feb. 19, How Many Cubes? 5, 6 or 7? Don’t Guess Come in and we will tell you. Also bring along ‘that timepiece that keeps you guessing and let us straighten it out. JOS. 1. SCHWARTZ lris Theater Bldg. February 12, as compared with preceding week in all fields of the showed a gain of over 1,800 barrels pletice meta matbiidit Atl tab were delivered to purchasers ating. It would seem, therefore, that wells in this neighborhood would have to be pumped, in the very near future. The West Dome Oil company which is operating in Section 9, is ‘mak- ing headway with drilling prepara- tions to secure production from its proven holdings. pulling casing and getting ready to drill the Ten Spot well into the pro- ducing third standstone. The Ten Spot well was purchased by the West Dome company for a water well to supply water for their drilling cam- paign, and in the hope of developing more water after it was purchased, they drilled it a fow feet deeper and obtained a very promising showing of 38 Baume oil. This stratum they are now prospecting, and the opera- tion is being watched with keen in- terest by oil men in this section. If it develops that a deep pool of oll exists in the third sandstone it will mean a real boom to Cat Creek op- erators. It is very probable that a low gravity oil will underlie a much greater area than the high gravity or pinnacle oil. ‘ ‘The Mid-Northern company is con- tinuing to swab their Wildschultz No. 1 and 2 wells. The guage shows that they produce better than 1,000 barrels per day under this treatment, The Frantz corporation is stimulat- ing production in a like manner. The Cat Creek Water and Deyelop- ment company, a local concern, has surveyed a pipe line 4.2 miles long from the Musselshell river to the highest point in the West Dome field. The static head is 475 foet. They will put in a 4-inch wood pipe line and 6,00 -barrel storage in the field. They will use triplex high pressure pumps at the power station. ‘The McDonald syndicate brought in a 6500-barrel water well for drilling purposes. just north of the Eagle sand- stone escarpment in Section 12 at a depth of 160 feet. Heretofore water has been a serious item of expense, and it is to be expected that with the development of these two sources of water that the situation will be relieved. Water delivered by. trucks from the river has cost the operators 90 cents and $1 per barrel. Notices have been posted on the derricks of the producing wells by the Midwest Refining company that Cat Creek crude has been cut to $1.75 per barrel. It is reported that the Big Six well in Section 6 is flowing water from a stray sand cut at a depth of 1,600. feet, ‘The. Republic Ol! com- pany, whose property is being oper- ated by the Montana Oil syn evin the, Ojitana’ striicttire,- “Section” 28, Township 16 North, Range 28 Hast, is drilling at 1,500 feet.. They expect to drill and reach the quadrant at approximately 2,000 feet. PROOF OF OWNERSHIP OR RENTAL NECESSARY TO DRILL MEX LANDS WASHINGTON, Fen. 24. — In re- sponse to an inquiry the American embassy at Mexico City reported to- day to the State Depastment that the Mexican Department of Industry had been quoted in Mexico City newspap- ers of last Monday as declaring that applicants for permits to drill oil wells “are only required to prove with au- thentic documents that they own or rent the lands on which they wish to drill.” The Department of Industry’s state- ment added, however, that there had been a temporary suspension of ac- tion on petroleum concessions in tho so-called federal zones until condi- tions for exploration and exploitation had been fixed or until enactment of a law prescribing regulations under Article 27 of the Mexican constitu- tion. 2 — Tribune Want Ads Bring Results. LOCAL OIL STOCKS Amalgamated Royalty ...$ .10 $ .12 12 Blackstone Salt Creck Boston-Wyoming . Buck Creek . Capitol Pete Chappelle . Capitol Pete .. Consolidated Royalty ..-.. 1. This company is|#tkhorn Riverton Refg. ..... 05 Royalty & Producers 2000.21 Sunset .....+.. = 06 07 Tom Bell Royalty 03.04 Western Bxplorati 2.05 2.10 Today’s Markets by Wire Furnished by Taylor & Ground Floor Oil Hatenge Bide ees 203-204 Wind River Refining --.. .01 02 Wyo-Kans , 2.10 2.20 Wyo-Tex . + 08 04 Wester n Oil Fields - 28 30 VOU sae vente boe al 13 ~- NEW YORK CURB CLOSING Midwest Refg. 0. ++ $139.50 $140.5 Midwest com. . 1,00 1,50 Midwest pref. . 1.00 3.00 Merritt 12.25 5 Glenrock Oil 2,00 28.00 37 5.00 6.25 8.00 1.25 37 253.00 70.00 Mexican Petroleum. .-$156.50 Sinclair Oil 23.62 Texas Oil .. 42.75 74.00 83.50 Union Pacific R. R... 121.00 FOREIGN EXCHANGE + $3.88 + 0718 0163 0366 per cent $156.00 23.25 41.50 73.62 83.00 121.00 Pan-American Pete. + $91.04 87.14 86.62 87.20 86.52 89.96 86.94 97.40 Victory 4%s . WYOMUNG CRUDE OIL MARKI won ee -- n-ne == $1.75 Greybull ~~..-- —---------+------ 1.75 Lance Creek ~~.-~-------------- 1.70 65 Lander -.-.-..—-~--~----------- Big Muddy .. Pilot Butte ---._... Hamilton Dome Mule Creek BETTER SERUICE 5 DISCUSSED BY NORTH WESTERN Officials Address All-Day Confer- ence Here Connected With Freight Department of Railroad “Better Service” was the keynote at a recent meeting here attended by of- ficials and employes, of the North- western railroad, conected with the freight business of this division. The meeting lasted all day and there was something doing all the time. Talks ‘weer made by prominent out of town officials. Reports and recommenda- tions from all classes of employes were discussed and acted upon. Thes meetings are held monthly by the Wyoming division freight service com- mittee for the purpose of increasing the efficiency of freight service. One member stated that he did not know there were so many important fea- tures to freight handling until he had attended these meetings. W. C. oJhnson of hicago, supervis- or of freight service, had much en- couragement to offer and furnished convincing figures showing a marked reduction in loss and damage claims during the past three months. He showed how there had been a greut improvement in the prompt handling of freight. He also explained that the big idea was to handle freight prop- erly and avoid claims rather than to spend time figuring how it happened after it is over. Mr. oJhnson has had much success in joint meetings with shippers and employes in the large eastern cities and hopes to arrange ilar co-operation with the Caspi patrons at future meetings. The most important item in handling freight is ot get it started right, and the shipper and railroad must work to- gether toward this end. Arthur Hall of Denver, superintend- ent of the western weighing and in- spection bureau, gave an interesting talk on the work of that organization, which maintains inspection service over all railroads in this territory. They are as diligent in correcting WINTER MASK BALL TO-NITE GARDEN ~ errors of the railroads as those of fidence of the patrons as shown. by the frequent calls on their inspectors for advice in preparing goods for shipment and inspection of freight 1¢ ceived. Casper shippers are fortunate in having an inspector assigned to this city exclusively, A. E, Holmgren has been in this position more than a year. J. C. Ready, chief special agent for lines west of the Missouri river, graphically explained the value of ac- curate and careful handling of freight and records in combating the pilfer- ing evil, which has caused so much trouble all over the country during the past year. Elack methods, uncer- tain records and inattention invite thefts and make it difficult to effec: convictions. Mr. Ready said that his department would rather prevent stealing than to catch the criminal after it was done. This meeting is only a part of the strenuous effort being made by tho Northwestern to attain 100 per cent efficiency in all departments. . The. unusual conditions during the war period with frequent changes of em- ployes, scarcity of labor and material and the rapid increase of business in this teritory made it impossible to keep the service up to the desired standard in all its details. F. W. Saxtoin, division trainmaster, acted as chairman of the meeting. Superintendent G. A. Holmes was.out of town on other pressing business so ‘was unable to attend the meeting. ———— ae Have you something to sell? a Tribune Want Ad. CHARLES J. STONE Petroleum Geologist Reports and Surveys WINNETT, MONT. the shippers. They have won the con-| Try | PAGE FIVE Bears Make Use of Unfavorable Situation to Depress Chicago Prices (By Associated Press.) CHICAGO, Feb. 24.—Bear pressure is connection with the unsatisfactory labor situation brought about material downturns today in the price of wheat. Some selling, too, appeared to be based on predictions of mars iiberal farm re- serves of grain thar: liad been looked for. Initial quotations, which varied from uschanged figures to 1% cents lower with March $1.70% to $1.714% and May $1.60% to $1.61 were follow- ed by a setback all around. Rallying power failed to develop. Word that the head of the Federal Reserve bank at Dallas T,exas, was advising farmers to sell was a notaa- ble bearish influence. The close was heavy, 3% to 4%c net lower, with March $1.67 to $1.67% and May $1.56% to $1.57. Large receipts of corn acted as a weight on the corn market. After |opening %% to % cent off, including |May at 701$ to 70%c the market ral- lied a trifie, but then descended lower than before. Gossip that Germany would im- Port 18,500,000 bushels of corn to cut down wheat requirements attracted but little notice. The close was un- settled, 1%c¢ to 1%c net lower, with May 69%c to 69%c. Oats were weak with other gratu, starting % to %4 cent lower, May 45% to 45% and then continuing to sag. Provisions «mpathized with the de- cline in cereals. Closing Quotations. CHICAGO, Feb. 24.—Close: Free Package For Children The Information Bureau which The Daily Tribune supports in Washington, for the free use of its readers, wants the children to get in the habit of benefitting by this service. With this object in view, a quan- tity of mixed packages has been prepared especially for the younger folks. While the contents of these pack- ages will vary, they will consist mainly of maps, blotters, calendars, bird, animal and insect books—all being educationat in their nature. Sending for this sample package will serve as an introduction to the bureau, and will open the way for its further use by the little folks. Use the coupon, be sure to write the name and full address VERY penne. and enclose 2 cents in ‘btamps for ‘return postage. Frederick J. Haskin Director, The Casper Daily Tribune Informa- } tion Bureau, Washington, D. C.: In enclose herewith 2 cents in stamps for return postage on a free copy of The Children’s Pack- LABOR FAGTOR — (Ceizerto mare IN GRAIN MART CHICAGO, Feb. 24.—(U. §. Burean of Markets)—Catt®, Receipts 9,000 beef steers steady to 25 cents higher: top $10.75; bulk $8.50@10.00; butch- er stock and bulls 10 to 25 cents h er; bulk fat cows and heifers $ 7.00; bulls largely $5.25@6.00 Bht beef bulls $7.00 o nd high: feeders strong. Hogs—Receipts 31,000; fairly activ 1¢ to 15 cents highe> than ye average, lights up most; top 1 200 pounds down $10.00@10.31 220 pounds up $9.25@9.75; pies 40 cents higher; bulk desiralic 120 pound pigs $9.50@10.0v. Sheep—Receipts 11,000 killing classes generally 56 cents higher: pound shorn lambs $10.90; to ch wooled lambs sold early $10 fat lambs $9.50@10.50; 104 yo) lings $7.00; no cheice wooed sold early; 105 pound ewes $6. fat ewes $6.00 @ rday's bulk bulk DENVER, Feb. 24.—Cattle — Re. ceipts 600; market strong to er; beef steers, $6@7.50; heifers, $5@6.50; calve ers and feeders, $5@ Hogs — Receipts, market steady; top, $9.40; bulk, $8.50@9.25 Sheep—Receipts, 2,200; ma cows $8@11; stock- ee Wheat—March $1.67, May Corn—May Oats—May Pork—May Lard—May Ribs—May $1.56. K. KANSAS CITY, and eggs unchanged. Poultry—Hens, 1 cent higher, roosters, springs and turkeys, changed. C. Provisions. Feb, 24.—Butter un eee TUBERCULOSIS ION TO MEET, NEW YORK, Feb. 24.—The first meeting of the international union against tuberculosis, including repro sentatives of nations members of the League of Nations and the United States, will be held in London, July 26 to 28, it was announced today by the National Tuberculosis association. Dr. Gerald B. Webb of Colorado Springs, Colo., will represent the United State: —_—_—_o——____ A motion picture film fifteen miles in length and which requires nearly twenty-four bours for continuous ex- hibition has been completed in Italy, showing the principal incidents in the Bible from the Creation until the birth of Christ. Certainy it’s de best Didn't me an’ the kid work i ever made. on it a whole year to make it 6 Reels of Joy pany. say. Get the book! year. easy to operate. It is yours for the asking. or letter and we will mail you a copy free. the Fordson is employed. EDISONS, VICTROLAS AND RECORDS Daniels Jewelry & Music Store Good Goods, the Right Price and Easy Terms Glenrock and Lusk, Wyo. Fordson TRADE MARK “The Fordson at Work” A mighty valuable booklet just received by the Ford Motor Com- Drop in and get one or drop a card This book is not what the Ford Motor Company has to say about the Fordson Tractor, but what the tens of thousands of users have to Keep in mina the fact t behind every Fordson Tractor are all the resources o: ie great Ford Mone Company, likewise that reliable “Ford After-Service” which assures the keeping of the Tractor in working order every day in the Remember also that the Fordson Tractor, like the Ford car, is simplicity itself in design and construction; easy to understand and Come in and let us tell you more important to the farmer today than anything else. It is yours for the asking. The Age of Machine Pawer on the Farm is no longer a matter of speculation; it is here—an established fact. It is the latest advanced step civilization has taken. It comes to the farmer with the full prom- ise to lift the great burden of drud; toil from the muscles of man and carrying a profit by power of machinery, with the result that larger production, more comfort and greater wealth will come to the farm homes wherever COME IN AND TALK IT OVER. gery and weariness, wearing-out ing them with much more about it. It is more JUST RECEIVED A NEW CARLOAD ae, EARL C. BOYLE 125 to 137 N. Center PHONE 9 er; calves 25 to 50 cents higher stock | OAOATS POUND | | | few |Specialties | dustriat pe 100 to| rave jin 1 pr est \Ru Zinc—Easier; East St. Louis, $4.85 @4.95. Antimony—$5.20@5.25. Jasy; spot and nearby, §32@ futures, $32.50@33.25. Money and Exchange. NEW YORK. Feb. 24.—Prime mer- %@1% per cent. vy; sterling, demand- STOGK MARKET . |$3.85%; cables $3.86, : Included in Issues anes, demand 7.08, cables 7.10. Which Slump on General Belgian francs, demand 7.39, eables TAl Reports Guilders, demand 38.98, cables 24.08. Lire, demand 3.62, cables 3,64. Marks, demand 1.57, cables 1.58 Greece, demand 7.84. Argentine, demand 35.12. Brazilian, demand 16. Montreal, 12% per cent discount. Time loans steady; 60 days, 90 days and six months, 6%@7 per cent. Call money steady; high 7, low 7, lruling rate 7, closing bid 6, offered at 7, last loan (By Associated Pre: NEW YORK, Feb. 24 readjustment, nsions and lack of public interest the shorts another free hand the stock market today, extreme S ranging from 1 to 5 points. les approximated 550,000 shares. © closing was heavy, rails giving ay in the last hour under incressed essure, Silver. NEW YORK, Feb. 24.—Bar silver, domestic, 99340; foreign, 56c; Mexican NEW |me |ma YORK, Feb. 24. — Develop- ents of the morning on today’s stock arket were altogether favorable to the short account. Pittsburgh report- | 40llars, 42%c. steel an approaching twenty per cent reduction in wages by one of the lars Potatoes. independent steel producers, Ajax] CHICAGO, Feb. 24.—Potatose— ubber passed the quarterly dividend|Firm; receipts, 24 cars; Northern jan tral Leather, common and preferred, |which rose 1 and ly, cu am ops on so |2etion in other quarters. Equipments, ve ich j tle Gulf, Remington Typewriter were included 18; second quarter, 13@13\c. Iron— ARE YOU SATISFIED ? We have been helping mi to ee Stace epee Rooms We can help you Continental Bldg. See our representative, Mr. Jas. A. Monroe, at Sprague Hotel. Phone Oil Companies Only, 886. d rumors were current of similar|White sacked, $1.30@1.35 cwt jemicals, fertilizers and various un: ssified specialties were involved in further depression of prices. The ly conspicuous exceptions were Cen Agate and Gem Cutting Send for price list or call Why pay more when we charge less for better work? Our Work and Prices Satisty AMERICAN AGATE CUTTING CO. CASPER, WYOMING 244 W. Yellowstone Hy. Downstairs, The Big Shop FOR RENT Eight Suites Office points, respective pringfield, Pullman, Atlan nited Fruit, American Agri tural Chemical, Woolworth and Kell nong the heaviest stocks. Call money ened at seven per cent and exchange London reacted. Metals. y YORK, Feb, 24.—Copper— ; spot and first quarter, 12% @ ominally unchanged. y; Spot, @4.40. Lead. INTERNATIONAL CORRESPONDENCE SCHOOLS Scranton, fa, Apply Office BASKETBALL vs. Lusk Stars “ High School Gymnasium Saturday, Feb. 26th, 8:15 p. m. ‘Admission: 50c and Tax OIL LAND FOR SALE OR LEASE 4,400 ‘Acres for sale or lease in the vicinity, of famous Willow Creek Oil Structure In Teton County, Montana f Write, Wire or Phone i Cc. K. MALONE, CHOTEAU, MONT. Phone 949 for Genuine GEBO COAL --------$12.75 $12.25 Lump, per ton Egg Nut, per ton Nut, per ton Coke, per ton__--- Nafrond TRANSFER PHONES43 &FUELS@ We Handle An Kinds of Hay and Feed Moving Vans, Drays and Baggage 2 Pianos--4 Player Pianos ived from the Chas. E. Wells Music Com- 6 haa paar Placed in your home at the Denver reduced prices. It will be a pleasure to show you these instruments, and it is to YOUR advantage to ot Phone 211-M between 5 and 6 p. m. L. I. GULICH, Representative ; Permanently Located in Casper one