Casper Daily Tribune Newspaper, March 14, 1921, Page 7

I . $1.50 a share, in exchange for Alii- MONDAY, MARCH 14, 1921 MARKET GOSSIP AND FIELD NEWS WARM SPRINGS MERGER EFFECTED Alliance Oil and Refining Company Stockholders Vote Great Increase in Capital to Absorb 7 Four Other Operators in Field JAans for the merger of five principal operators in the Wram Spangs field, Hot Springs county, gAvanced materially when stockholders of & Refining company, in special to increase the capital of the A 000 to $7,500,000 for the purpose of absorbing four other eat rnleneclatt reamed dactibchatie dl companies. Stock inthe Alliance company is to be exchanged for stock in the companies which it absorbs as follows: Leslie Oil company and Merchants Petroleum, share for share; ‘Wyoming-Premier at 75 cents a share in exchange for Alliance at par value; ‘Woods Petroleum and Refining at ance at par value. At a special meeting to be held March 19 the dividend rate will be announced, practically all production {a the Warm Springs field being under control of the merger. Large holdings in other fields are also brought to- gether, including Grass Creek. ‘The pipeline is again delivering oll from Warm Springs to Thermopolis after having been taken up and leaned of asphalt accumulation. Full shifts are also working. at the refin- ing plant. Announcement is mado by the Sing- er interests, which control the Alli- ance company, that all wells in the ‘Warm Springs field will be deepened from the first to the second sand. .A test of the Amsden sand also is under way. Muskrat Well Going Deeper Ohio Oil company will resume drill- ing this week on its test in the Musk- rat field, Fremont county, Wyo., where wk was discontinued January 1_at 1,290 feet. The test is located on the Horseshoe structure of this field. Shoshoni Work Resumed Materials are arriving at Shoshoni. ‘Wyo., for a completion of the North- ern Wyoming Oil company’s test on the McComb dome, northeast of Sho- shoni, where drilling was suspended at 2,600 feet last fall. Two towers will be operated in drilling to be resumed this month. — Sand Hills’ Well Gassing Sand Hills Oil company's well No. 1 on section 9 of the Ferris field, Car- bon county, Wyoming, which was or- dered deepened from the first to the second sand by the annual stock- holders’ meeting in January, is re- ported gassing after ning 600 feet below the first sand and the result of the test will be fully established with- in a few days, it is believed. No trouble has been encountered. “Br. B. J. Wheeler severed his con- ns with the Quinn Oil company, ab Osage field operator, at the annual meeting held in Newcastle, Wyo. The following officers were electéd: P, 8. Houston, president;~J. A. Stintson, treasurer; Geo. W. Keys,’ secretary, all of Kansas. Rig Shipped to Utah The Genoa-Wyoming Oil company is moving its rig and tools from sec- tion 5-51-92, Big Horn county, Wyo- ming, for shipment to the Utah fields, ‘A rig is being erected on section 944-61, south of Newcastle, Wyo. Nebraska interests are financing the wildcat. Second Well at Hardin Planned. ‘The Western States has made a sec- ‘ond location at Hardin, Mont., where the firm drilled a discdvery well re- cently and the Producers and Refin- ers has also drilled a well on the Crow Indian reservation that is expected in very soon.” ~ . The Western States. hea. sven ok that the company will shortly 5 a drilling campaign in the Salt Creek field in order to thoroughly test the holdings of the ‘company there. ‘The strike at Hardin is still shut down but the company ts to drill it further into the sand in the near future and will then give out an au- thoritative statement as to what the well will make. At present it is thot this well will do about 200 barrels per day if it were drilled in and: put to pumping but this is pretty much guesswork until the sand {s actually drilled in and the well put on the scaarvers made by gevlogists since the new well was brought in have shown that there are about a dozen dornes and oil structures in the Hardin oil bearing and this puts a better light region that may ke presumed) to be on that part ef the country as a pos- sible of! field of the future. SURVEY 1S REQUIRED UNDER LEASE SYSTEM ‘The permit and leases coming from ‘Washington to the applicants from Casper and other parts of Wyoming are portending a large amount of field work the coming summer, but the gpv- ernment also obliges the applicants to have a survey made of their lands by @ competent surveyor and the cor- ners marked plainly so that the area con be readily seen. - The Wyoming Map and Blue Print company, through its civil engineering department, is making these surveys for the firms and parties receiving the leases and certifying to the cor: rectness of same and the map that is forwarded ta the eovprnmient. at Wash- ington. The above firm a licensed engineer in charge ofthis work who personally cuperintends the surveys and sees that the map and p are correct in every detail. . ——Subscribe for The Tribune—— SERS A SSN OULU ERTS CHARLES J. STONE Petroleum Geologist Reports and Surveys WINNETT, MONT. QVIIDIDIBSIIILIISI ISH: Wyoming, were the Alliance Oil meeting at Thermopolis, voted Iliance company from $1,000,- NEW OIL FIELD SUPPLY HOUSE Lee C. Moore and Company of Tulsa and Pittsburgh Open ices in Casper Another supply house has located a branch office in Casper, this time it is ‘the Lee C, Moore Co., of Tulsa and© Pittsburgh, manufacturers of steel: derricks for the oil fields* and which are used'in place of the com- mon. wood derricks, The new firm-has-opencd an office in the Midwest bullding and w. C. |; Hill formerly of Pennsylvania is in charge here. The Ohio O{l company has purchased one of the new der- ricks and is now.erecting same in the Rock River field’ where the derrick Will drill a 4,000 foot-well there as a test of its qualities for the Ohio Oil company. The Kasoming Ol company is also making @ test of the derrick in the Salt Creek field to sec how it will suit conditions there and the suporin: tendént of the Lee C. Moore Co., W. C. Boyer of Tulsa, Okla., is here for a few weeks to see that the first der- ricks of the company are set up right and to look after the minor details of the work. ‘The steel derrick presents many ad- vantages over the common wood der- rick ag-tho steel one neyer wears out a8 does the wood:and it\is much less affected by the winds and storms than the wood kind. The steel: der- rick 1s said tobe much stronger in operation than the wood and its ad- vent into the Wyoming territory wilt be watched with interest by the ofl men. Southpaw Joins’ | Cleveland Club, ‘CLEVELAND, Ohio, March “id ‘Wayne Middleton, a left-hand \pitcher from Simmons college, Abilene, Texas, has joined the Cleveland Indians at Ground LOCAL OTL STOCKS. Amalgamated Royalty ....$..09. $ American 4 « 100% Atlag in: 201 Big Indian . 35 Bessemer , 20 Blackstone Salt Creok --~ <8 Boston-Wyoming -...14+.. © .89° Butk Créck ae Burke’). 44 + 6! Black Tail , .. 02 Capitol Pete . OL Chappelle . ae = 60 Capitol Pete .—.------.--- 01 Columbine .. ..... + 28 Consolidated Royalty’ ..., 1.18 1.21 Casper Ranger ---....-.-. .01 08 Cow Gulch .-------a----. 08 10 Domino. .. FE. T. Williams Elkhorn:, . Frantz Gates, . Great We Hutton Lake. .... Jupiter. . Lusk Petroleum Mike Henry .... Mountain & Gulf . Northwest . . Outwest . . Picardy . .4.. Riverton Refg. . Royalty & Producers . Today’s Markets by Wire Flor Ol Exchenge Bi, Phoves 203.206 Sunset ose Tom Bell Royalty Western Exploration Gross Creek eee semen $1.75. WYOMING CRUDE OIL, MARKE-: Che Casper Daily Ctibune ———. PAGE SEVEN EXPORT BUYING AEUWES WHEAT 3/Light Rural Offerings Also Con- 20 sf 05 tribute to Strength at 30 i e Opening 86.00 | strongth developed i the wheat 3.00 11.60 2.00 ‘of export buying at the seaboard. Sciintiness of rural offerings tended #180 to lift prices, Demand here, hotv- varied from unchanged . figures to to $1:50% and May $1.51 to $1.53% 60) market today owing largely to word |™oatly 10 to”16 cents nis threé cents higher, with March $1.59| Slow; Jamba 25 to 50. cents CHICAGO, reau of Markets)—Cattle—Receipts, 22,000; beef «steers and butcher she March 14—{U. S. Bu- stock, slow, mostly 15 to 25 cents lower; quailty good; bulk beef steers, $8.50@10,00; bullk fat cows and. hel- fers, $6.00497.76; canners and cutters, largely $3,00@4.50; bulls, ‘steady; bulk, $5,25@6.25;' calves mostly 50 cents lower; Vealers mostly. $10.80@11.00; CHICAGO, March 14,.—Considerable | 8tock¢ts and feeders, steady. Hogs—Receipts, 48,000; fairly active; er than Sat. urday's averags; top :$14,50 early; bulk. 200, pounds ‘down,) $11,10@11.40; bulle 0 pounds “up, $10.15@10. pigs, ever, was ‘cinfined almost altogéthor | Mostly 40 to-60 cents higher; bulls 30 to shorts, Opening quotations “which |t? 120 pound pigs, $11,00@12.25. Sheep — Receipts, . 20,000; opening. lower. Sheep steady; lamb top-early $10.75 to wero ‘followed by reactions from init. | *tipperay $9-pound shorn Iatbs, early, $9.00; bulk fat wooled lambs carly; sheep sales curly; Allen... + 100 Yai tob-r. so Tndinne ban ate 68.56|, Heavy selling on the; part’ of lead: | $9.75@10.25;- no " O- SNEW YORE STOCKS.” | longs ensued, and prices. dropped | ‘ing steady. ; rapidly. Industrial and yinancial con- MExiPesy Lstecleuey, ditions were regarded as the main Sinclair Oil... Texas Ol}. .- Pan ‘American + -$143,50 "$145.97 21.25 nervous, 3% to 4%¢ net lower, March $1.55 to $1.55% and May $ $1.46%. 6% to Union Pacific R. R.... 114.00 FOREIGN EXCHANGE Sterling - . . Francs . . Marks - 115.37 After opening unchanged to %ec higis- er including May at 69 to 69%c, the market steadied with part of the ex- treme gain lost. Lire Bs Prices subsequently underwent a PAH Money material setback when wheat. turned ache ~$90\08| CoWngrade. ‘The close wax weak, 1 to ist Pa .. be 8: 1%c net lower, with May 677%c to 68c, gad! ae Oats were firmer with other cereals + Starting %4¢ off to % advance with peer ty besa{May 42% to 42% and hardening all ord 4%B . 90.22 | round before beginning to react. iste? $e.¢6| Provisions showed weakness as a re: Victory 4% i 97.16 sult of free selling on the part of com- mission houses, Rock Creek 2o---ee---2e--2-—--=$1.50/ CHICAGO, March 14—Close: Wheat Torchlight ~. roe ane 1.78} Salt Creek ---____--—------ 1.40|—March $1.65; May $1.46%. Elk Basin .-----—~.--——---_. 1.76 | Big Muddy -.--2- 2-24 1.40] Corn—May 67%c; July 70%c. Greybull --—--- +a ntaeen ane 1.75] Pilot Butte ~--.21-22---1-2-ene= 1.40} Oats—May 42%; Tuly 43%c. Lance Crevk ------+-.--——.-~--+ 1.70] Hamilton Dome ~.-\-—-------_ 140; Pork—May - 20.90. LAN Cr wen eennee-enneweweenn-- 65] Mule Creek <nawwannevennne 95) Lard—May $11.75; July $12.10. Ribs—May $11.40; July $11.70. PRODUCERS AND REFINERS WILL ESTABLISH HEADQUARTERS HERE District Offices to Be Moved Here From Rawlins Will Direct All Operations in ‘Northwest; R. E. Wertz to Be in Charge, Is Report The Producers & Refiners Oil corporation, one of the larg- est independent oil interests in the Northwest oil fields, is preparing to make its headquarters for this part of the Chicago Provisions CHICAGO, March 14.—Butter— }Higher; creamery extras 45%4c; stand- ards, 43%%c. Eggs-—Higher; receipts, 17,687 cases; firsts 31@31%c; ordinary firsts, 29@30c; at mark, cases including 20@ 30%c. Poultry—Alive, higher; fowls, 33%40; springs, 83c. Kansas City Provisions KANSAS CITY, Mo., March 14. — Egge—Unchanged; firsts 28c; seconds 4c, Butter—Creamery, one cent lower} 490; packing, unchanged, 16c. Poultry — Unchanged, hens 27; springs; 35e; roosters 14@20c; turkeys 0c. try in Casper, heretofore the firm has directed its astairs in| FORMER RESIDENT.DIES, Wyoming fom. Rawlins and Denver. The company will have a suite of rooms on the fourth floor: in the new Midwest building and thia, office will take tho pla of the dis- trict office now ,Jocated at Rawlit The Denver office and the new Cas. at vifice wilYstherefore control all the. business of the Producers Refiners in the: Northwest. The Producers and Refiners has quite layge holdings scattered over and Dallas for a tryout, according to dd-} vices recelved here today. CABINET OFFICERS AT WHITE HOUSE FOR FIRST MEETING—Eéwin Denby, secretary of the navy, ceriter, and John W. Weeks, secretary of war, right, urriving at the White House to atiend the first meoting of Presi- dent Harding's cabinet. this region. In the Ferris field the cores eS) AFTER MOVING TO COAST ‘what appears to be the central part of that operation, in Sand Draw the firm) orm = y Borie te ee en Re Ate Te | SW hoeemsan) a former eniploys that, field as being good assets for their}0f the Tribune and who is now in gas-content and also likely to show| Sam Diego, Cal., has been_pursued by an oil pool nearby. At Lander the|® Series of misfortunes since his ar- firm +has a good. production and at} Tival on the coast. A short time after Salt Creek {t has some ‘that | he located there his wife died and a ranks with the best in that operation, | few Weeks later his smait son fell and Also: in the Osage field and at other|broke both of his arms, and to add to Points the firs has production or wells| his <troubles, ‘someone entered his of. value shut in. house ‘while he' was absent and stole » The new office here will be in charge |PFactically all of his furniture. of R. E. Wertz, general superintendent| Crossman lived in Casper for two of the firm, and the north half of the|¥ear8 or more nd he will receive the state will be under H. V. Meabon who|8¥mpathy of many friends who remem- Will also have the work in Montana] ber him during his residence here. lege Rg a eb TOO LATE TO CLASSIFY M. A. Hardie will have charge of the south half, of Wyoming and thelron RENT—Threa room house, fur nished, except bedding and dishes, work in Colorado and all the office force now at Rawlins will be brought) $49 a month, 242 South Washington. to Casper for permanent headquar- S14-3t* ters here. ATTENTION Royal Neighbors of America. All members ure requested to pay dues and assessments on or before Tues- day, Marth 15. GRACE RAFFERTY, $-11-4t SCIENCE REVEALS ‘that foods that abound in Geologists Oil Expe-ts Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Print Co. P. O. Box 325 Rm. 10, Lyric Corn reflected the action of wheat. |® DENVER, Colo, March 14.Catile, eae bearish factors. The market. closed Teceipts 2,600; market. steady to. 250 lower, beef steers $7.00@9,00; © cows heifers $5)00@7i35; calves $8.50 and 12.00; stocKers and” feeders “37:o@. Hogs—Receipts 2,300; steady to 20c higher; top $10.50; bulk $9.75@10.35. Sheep—Receipts 8,200; slow, pros- pects lower; lambs $8.00@9.50; ewes | $5.00@5.50, SnuTH OF CITY RAIDED SUNDAY Arrests and Gives Bond for Three Other Girl Con federates An impromptu’ roadhouse, posspss- ing the proud name of “Country Club,” said to be operating under the leadership of Begsie Russell, & char- acter more or less notoriously known to the underworld, has darkened win: dows and barred doors as a result of a visit by operatives of the sheriff's office Sunday night The mistake that Bessie is alleged ing liquor to the sheriff's men at cur- to have made ts supplying intoxicat- rent bootleg prices. When tho mis- tress had poured the beverage and had accepted pay she was taken by the long arm of the law. ‘When taken to the county jail with three giris, said to be denizens of the roadhouse which flourished south of Casper, Bessie offered bond for her- self and co-workers. They are now awaiting preliminary action which the county authorities hope will result in having the alleged dry law violators arraigned in district court. | “OUCH! THAT OLD TISM!” Get out yous bottle of Sloan’a Liniment and knock the pain **gailey-west"’ W aice om ready for that last quick switch in temperature, were you? Left you stiff; so: full of rheumatic twinges? You should have had a bottle of Sloan’s Liniment hendy that would have penetrated without rubbing, warmed, and soon eased up the muscles guieted the jumpy, painful, affected part and brought gratif ping relict, Helpful in attecta of jumbago, sciat- } ica, external soreness, stiffness, strains, aches, sprains, Get a bottle at your Gruggist's. , 35c, 70c, $1.40. the vitamins best promote Scott'sEmulsion as an aid ‘3 should and have a place in the diet of most children. Scott & Bowne, Bloomfield, N. J. ‘ALSO MAKERS OF——— rae | SS Easy - ‘A Plain Fact i Copper and Norfolk & Western | J Now to Lumber is a third cheaper. Nearly all other building mate- rials are priced at big reductions. Lam now ina position to help plan and build you a new home, My prices are reasonable. _Eé-. timates furnished promptly, = . William Harris, General Contractor Phone 740 for Information Own a Home — / ‘ VIALALALLALALLALALLL 2 ¥ that every man must face— whether he likes it or not— is that if he must depend for a living upon the money which he personally is able to earn he must also depend for his future needs upon what he is able to SAVE. In the Casper National Bank he can deposit any sums from a dollar up, this bank’s Saving Department paying 4 per cent per annum on small or large deposits. “Thirty-two years of service |—may we serve you?” NPS, | THEN REBOUNDS Oils and Specialties Move Up! After Heavy. Selling at Opening | | NEW YORK, March 14.—Liquida- tion and short selling provoked ad- ditional impairment-of values-in the stock market today. Oils, shippings and steels wero againimost. vulner- able, fhles approximated 600,000 shares. The close was, weak. . par aa NEW YORK, Marech-14:—The week opened on the stock\@xehange with | prices variably changé Heavy specu- | lative selling sobn ,heganp ‘however, | |which forced some important issues to @ parity with last week's, lowest fic. sures. Pressure was most: pronounced ‘against theoils, sthel¥,-ralroads, Bald. ‘win and Sears-Roebiick. Mexican Pe- troleum dropped 3%, Pan American, 24, and General Asphalt 1 point: Cru-| cible fell 2, Sears-Roebuck 1%, Famous Players, 144, Baldwin; and Union Pa- cific 1, and United States Steel, st. Paul, Reading, Chesapeake & Ohio, and Baltimere & Ohio, % to %. Chi} cago-Northwestern preferred opened 2% higher, Kelly Springfleld 1%, | % and American’ Can, Smelting and Ray { Copper, These gains were shaded when the weakness elsewhere-became acute: | The market rallied during the morn. ing on reassuring. advices; Mexican Petroleum recovering 2% points and Pan-Amerigan 2 points. \ The rebound was further sustained by short cover ing in Atlantic Gulf, Gentral Leather, American Tobacco, Studebaker, and specialties, notably Stromberg Carbu- American | Prominent Rochester Citizen Tried Ten Years to Get Relief, but Tanlac Is Only Thing That Helped Him One of the latest to testify regard- ing the “powers of Taniac, the cele: brated .medicine which has been ac- complishing such remarkable results, is James J. Beasley, 102 Elmdorf Avenue, Rochester, New York. Mr. Beasley has been chigf: record keeper for the Department of Water Works, city of Rochester, for thirty-yearmand is a well known and highly respected citizen. In referring’ to the) remarl- able recovery of his health by the use of Tanlac, Mf. Beasley said: “I have been trying for ten years to'find relief from a case of dyspep~ sia.’ Nothing .eyer helped me to amount’ to anything unti! I got Tan- lac. ‘This is saying a great deal, for I did everything it seems that a man could do to find relies, Ofcourse, I. was hardly ever sick enough to go to bed and was most always. able to keep gotng, but I just never féit right At times during, those ten years, my stomach would Become sour like yin- egar. I would hayée’an uncomfortable bloated up feelingy after eating that would last for hours: I suffered a great deal from mae abs tinea my heart would flutter ind opalpitate and I would become eer condition. My nerves “were on edge all the time, and f-berame irritable, nervous and restless: I had no }strength or energy to do anything. In fact I wasn't like myself at all, Even a week or two ago it was an effort for me to get out.of my chair and I felt as stiff and clumsy as an ‘old work horse.’ “It {s really remarkable.what Tan lac has accomplished in my cane, It % to %.ly SS | rotor and Famous Papel aae and preferred. These issues rome a point or more over last Saturday's - final prices. Rails were Gull but- steady for the most part, altho ‘re ports submitted over the week-end disclosed further reduction of toanage> and earnings. Conditions in thes money market were unaltered, call= loans opening at 7 per cent and exe change on London was firm. Money and Exchange NEW YORK, March 14, — Prim nercantile paper 744@7% per cent, Hxchange—Irregular; sterling, de-- }mand $i.89%: cables $3.90% Francs, demand 7.00; cab) 022: Belgian francs, demand 7.32; cables= 7.84. i Guilders, demand 34.20; cables 34:40. Lire, demand 3.88; cables 3,70. = Marks, demand 1.58; cables 1.59. Greece, demand 7.53. Argentine, demand 34.50. Brazilian, demand 15.00. Montreal 12% per cent discount. = Time loans steady, 60 days, 90 day® and-six months 6%@7 per cent. Calf money steady, high 7, low ‘Ty ruling rate 7, closing bid 6, offered at)7, last loan tase NEW YORK, Mareh 14.— Copper, Insettled; electolytic spot and March 12@12%; second quarter 12% @13. Iron—Nominal; No. 1 northern $28; No. 2 northern $27; No. 2 southern rm, $29; futures $29.50. Antimony—Spot $6.00@6.25. Lead—Dull, spot 4,00 7 st St. Louts delivery spot and nearby March 14.—Bar sftver; dome: 99%; foreign 57%e, Mexican dottars 43 pabbetaeniae ard ial Jewelry and watch repairing by ex- pert workmen. Af work guaranteed, Casper Jewelry Mfg. Co. 0-8. Bldg. 3-5-tf Bessie Russell’ Again Figures s{RESULTS REMARKABLE, : SAYS NEW_YORK MAN JAMES J. BEASLEY Of Rochester, New York. ———— Se has relieved me entirely of. indiges= tion, I never have that distressing feeling any more after dating, and & feel perfectly fine in every.way, ¥ will always feel grateful for what this wonderful medicine -has done for me and I am only too glad to give it my heartiest endorsement.” Tanlac is sold in Casper by Casper. Pharmacy, in Alcova by Alcova Mer- eantile Co., in Salt Creek by Sale Creek drug store.—Adv. for oil and gas licensed Engineer. kind for its clients. Room 10. Lyric Bldg. Government Lease and Permit Owners who have been granted leases or permits to Must have a survey made and a map drawn and certified to within 90 days and the corners plainly marked._ This work should be done by a Stale The Wyoming Map and Blue Print Co. has one of the. best engineers ‘in the State in charge of its Civil Engineering department and this com- pany is now. engaged upon many surveys of this Phone, write or call prospect Phone 1191-W. | Dk. J. C. KAMP . DREW { DR..C. H | DR. ANNOUNCEMENT The undersigned Physicians and Dentists wish to announce thé removal of their offices to | Rooms 304 to 311 Inclusive - Midwest Refining Co. Building Corner of Wolcott and East Second Streets Casper, Wyoming Telephones 1650 and 1651 AILEY DR. K. C. MacPHERSON RIACH