Casper Daily Tribune Newspaper, March 21, 1921, Page 7

| MARCH 21, 1921 eithér in’ the Midcontinent or shown by the weekly report P.&. 8. MAKES ITS WEEKLY REPORT ‘Few wells of the Producers’ & Refiners’ corporation, Northwest fields, are idle, as of field operations. Several completions and pending completiors are mentioned in the report, which follows in full: ©. OKLAHOMA Beges District—No. 17 Dicey McIn- tosh has been completed in the Wil- ox sand around 2,900 feet and is making» 300 barrelsa_ day on the beam. No. 3 L. Lunsford in section 4-14-11 drilled thru the Wilcox sand at 3,031. feet with worth while showing and is plugging back to the Dutcher sand.. No, 3 Willie King in section 11-14-11 is showing considerable gas and ‘some ofl on top of sand at 2,842 feet and- will ke drill- ed: deeper. . ‘Wewoka District—No. 1 Southwest- ern in section 31-8-8 set 12%-Inch cas- t.870 feet and-is drilling at 1,000 Western Osage District—No. 3:on Indian tract No. 102 in section 31-27- -6‘is underreaming at 1,875 feet, to (set 12%-inch casing. No. 2 is still flowing at the rate of 325 barrels -.@aily and No. 1, completed as a gas well last summer, making 100 barrels “thra bieeder.~ a) * North Cushing District—No. 2 F. /T,,Peery in section 28-18-5 is drilling “at. 2,000 feet. os KANSAS Elk "County—Crooked “hole straight- ened at- 1,975 feet and drilling ahead at 2,000 feet. 4 MONTANA strata with light showings of oil and some gas in each and are Preparing to drill deeper from 2,360 feet. Firm | 9! is drilling on 50-50 basis on 1,800 acres owned by the Producers & He- fin€rs corporation. Should present test prove failure, another will be | Burke Grilled on different part of structure. Steel Prices Decline ~ Prices of pipe steel are declining in the east and this ‘decline is expect- ed to reach the northwest in the near future. The buyers of both oll coun- try and also municipal cast iron stocks seem to be waiting for still lower prices and their hopes seem to have | pix, @ good chance of being Dropping off in demand for oll country pipe has'o: late been bringing out considerable concessions in prices. Inquify is at the lowest point in many months. Demand for merchant steel pipe is somewhat better and prices, both of steady at figures quoted by the Steel Corporation, Recent cuts of $10 a ton in the schedule for wrought iron pipe have brought out some business, but noth- ing commensurate with what might have been expected. hs Cast iron pipe prices still hold close tO ie $55 a ton base, Birmingham. <i6.4 at this figure, but large ‘mint ,cered orders are received forssmall . Crow . Indian Reservation—No. 1] cipal business is stilt waiting tor low- near Wyola is underreaming at 1,340 feet to set 8-inch casting at 1,480 fec.. WYOMING Salt Creek District—No. 1 in sec- ton 15-40-79 is down 900 feet. A showing for a 20-barrel well at 120 Company may put down an- other hole beside of present location and use shallow ofl for fuel. On same section, company is building rig at ‘No. 5 location which will be drilled next as it is on same-contour.. Com: pany has 250 acres in section 15 with ever: locations’ along tHe east line! At No. 1 on section 30-40-78, compatry wet 8-Inch and cemented first pull 10-inch: casing,: rig/-was :pulled in; now making repdirs on rig*and: will soon be drilling ahead. FAN | Osage District—No. 7 in<section 25- 46-63 was shot with a small.squib and filled up with 400 feet of ‘of. It will be given a heavier shot and should | make a nice pumper of from 80 to 5) barrels. Total depth is 1,550 feet. No, 4 on section 25-46-63 completed as 50- barrel well at 1,471 feet. Sand Draw, 1 ale ke 1.on sec- ton 14-32-95..4a0 Ing ready .to: re- sume drilling at 930 feet after a shut down during winter months. This ig to. be a deep test in which an effort will be made to find ofl in the sands known to Ue below the big gas pro- ducing formation: “So ‘far, none of the operating companies in the Sand Draw field have ever been able tu get below the gas. FERRIS FIELD—No. 1 on section 80-26-86 is drilling at 1,6¢0 feet, No: 1 on section 35-26-87 is cleaning out eavein shale at 1,550 feet. No. 2 on section 26-26-89 is waiting.on material ut 2,185 feet.) No. 2 an section 36-26- 87 is straightening crooked hole at 2,880 feet. No. 2 on section 23-26-87 fs shut down. Sah oe ‘ Lander District—No. 19: straighten- ing a crooked hole at 1,660 feet. No, 10 {s cleaning out to run 6%-inch casing to cut off water. ~ LOUISIANA Athens Structure—Thigpen, & Her- old drilling on tho Athens structure] pert Southeast from the about eight miles field tested out two er quotations. As pointed out before ctrrent prices are based on $30 iron and so aré somewhat out of line with the present jig iron market which in the .gouth and eastern Pennsylvania, has receded from this ficure at least $5 a ton. An important conference of ofl men is being held in,Galveston. B. L. Do- ieny, president of the Mexican Petrol- um company has arrived in Galves- ton ‘from ‘to attend. C. O. Swain, general counsel of the Stan. ard Ofl' company gf New Jersey also at the conference. It is believed ‘one of the points to be covered is the. Mexican political situation so far as it affects American’ oil companies. Oil Field Excursion ‘The oil brokers of Salt Lake City, Utah are planning.a sight seeing trip for investors and others who are in- terested in the ofl developrient. This trip will be made from Sate Lake City by rail and will take the excursion- ists to the San Rafael, swel and Hunt: ington domes. Active work is now under way on.both these pes ypeas | by the Ohio Off Gompany and 1 companies are expected to’ start up in the near future. j The ‘excursion will take ‘place th latter part of next week accorting to lans' and ‘the ‘secretary of the commiuriication recently with the sec: retaries of the Price and Huntington ‘Commercial bodies, which will be the hosts of the excursionists, to work out the details of the coming trip, which, as previously stated; is principally for the purpose of giving, the brokers and their friends an opportunity of look- ing over the San Rafael swell, witness the Initial operations ‘of the Old Em- ery and San Rafael. companies, both local concerns, and to see ibe work under way by the Ohio Oil company, which is drilling a well ou the Hunt- ington dome about two and a half miles from the town of Huntington. $< Jewelry and watch repairing by ex- workmen. All work guaranteed. Bldg. Casper Jewelry Mfg. Co., O-S i ‘ 3-5-tt manufacturer and jobber, are holding | } FURNISHED BY T, 02 2.20 04! tao. 4 ee 3.18 ‘Western St Consolidated Royalty .... 117 Columbine. . s.s.ssseecses 29 Casper 08). NEW YORK 5 -90 | Mexicain Petroleum’ . .$147.25 $147.50 11) Staclair Oil 22.62. 23.12 Great Western Petroieum,. Hutton Lalte ...- . Jupiter: Union -Pacific. R. Sterling) ss +++. Northwest .. . Outweat... Picardy... Royalty & Producers. \Sunset .....2.. Tom Bell Royalty. ‘Western Exploration 4th 4\s. By Victory 4%: Grass Creek Torchlight. ——--—--—. Elk Basin Greybull -____ a Lance Creek ----.-—------~---- 1.70] Hamilton Dome .65| Mule Creek ‘--. 1.75| Big Muddy -.. Lander ——~---------—-. LOST SOLDIER WELL OF PRODUCERS AND REFINERS - REFINES:ITS OWN OUTPUT Something unusual, even in the off {t has just the right kick and that country, !s the performance of: the 2 few quarts fed to a thirsty Ford + {Wil make it'climb to the’ top of the Producers and Refiners Corporation’s | hichest moun! in Wy No. 1 Wertz well in the Lost Soldier ee Sista ‘The crude petroleum is sold to the district in Wyoming which. has.the | midwest Refining company and is’ be- unique distinction of refining {ts own jing run through the lines of the Ill- output. In addition to producing “a |inois Pipe Line tompany, The crude large quantity of natural gas, it turne|is dark in color With a pungent odor out two refinery | products—a . high- and‘ when tested by chemists of the grade powerful gagotine, or, motor fuel) Producers’ and Corporation a fairly good. grade pf petroleum | showed better'than 34 per cent petrol- the tftee producta|atuin...The;, well flows» about fifty averages about $500 a fay which! 1% -of crude. daily. not so bad when there are no operat. Besides these two products, the well ing axpeniuon: Bauges ahout 50,000,000 cubic’ feet of ‘The motor fuel is sold locally and ind natural gas daily, open flow with a to the airdome, at Rawlins for use“in) rock pressure of 1800 pounds. The gas, airships in their trans-country flights| has been piped to the Lost Boldicr in carrying the United States mat. field, prope,r where it is being used ‘The pilots of these ships'say that this|under a dozen or more bollers at drill- fuel is just to their Uking. In fact, ing rigs and for fuel in the camps and Jack Knight, the pilot who recently on the, leases, The gasolino.is drawn whats: tie’ AIDE ns igs nne joff: throustr-s- nities as gas Jing and «Chicago je. face averages. about. }. lons daily. An- bs er is reported to have stated other drip will soon be teeta eee that he could never tert ate the the quantity of gasoline will be in: had it not been for the super-/creased. This natural is un erauaities of the motor fuel. This A doe Ha natural product seems to eDaily Ceibune [steve it Is really on a separate jfrom the main development at Lost {Soldier and in a direct line between 9 | tour. although the exact itinerary of 4) three lines of the Burlington railroad, ually rich in gasoline content, a‘recent 'of the Texas Panhandle today. have Just | eee rg — test having shown nine pints per 1,- 000 cubic feet. While the well, which is locatedyin section 7, township 26, range 79, in county, is in the Last Soldier structure discovered by the geologi cal staff of the Producers and Refin- era. This structure is several miles z that district and the Ferris field. The formation from which the oil is com: ing was found around 3200 feet, while |* the big gas found at 3400 feet and is |." believed to be coming from the] Muddy which is the. producing sand in the Rock Creek. and Ferris. fields. The well is on a block of leases of 1440 acres. Re Another well is being drilled by the company about 1,000 feet southwest light from No. 1 in which 12%4-inch casing |; has. just been set and is waiting for cement to set. By getting away this far from the center of the dome it is thought.a large flow of oil. will be found and not so much gas. The richness of the gas in the discovery well also leads the company to hope that it may eventually turn to oil as}},, was the case in the first well at the |’ Lance Creek field. KC. TRADE EXCURSION The annual trade tour of the Kan- sas City Chamber of Commerce’ this year will have Casper for its western terminus. This ‘much has been de- cided by the route committee for the the trip has not been determined. The journey will be'over one of the Another of the three routes will be taken on the return journey. Besides Missouri, the states traversed in the tour will be Nebraska, Colorado and Wyoming. A special sub-committee of the route committee, of which R. M: Maxwell is chairman, was appointed to’ investi- gate population figures along the three lines.’ That will govern the final se- lection. PETE RAINES HELD: FOR ASSAULT IN. DENVER Pete: Haines, a notoriotis character Who has defied the police of ‘many Wyoming and Colorado towns, is again in the limelight'as the result of @ brutal. attack .on a young woman in the lobby of a Denver hotel Sqtur- day. A man said°to be Haines as- sisted George Blakely, also’an alleged police character-in the attack on. the girl, which terminated when her 'serise- less body was thrown on a hot steam Taq diater, c mote? ‘Haines ran amuck-in ‘the underworld here; for several: weeks, defying? off!- pials and finally jumped the-city whén & sincere effort was made to appre- hend- him. With a warrant held here for Haines, deputy sheriffs at Riverton shia man to death believing that it was Haines. Since that time Haines {s' said to have remained: under cover’in Denver and the new episode in ‘his criminal career is.said\t ohave»been~his “first al FORT WORTH, Texas, March 21. '—Snow and sleet are reported in parts tho right mixture for altitude flights| as regardless of temperature or adverse, weather conditions. Hi ‘With drilling contractors, oil. fleli workers and natives living in that'lo- cality, the fuel is in great favor. "So. great is its reputation locally that ranchmen and others drive miles to stocke up with the powerful fluid. Roughnecks in the ofl field claim that - At the Chili All kinds:of Sandwiches * Service, Highest Quality. HA ful heat. 119 East ist St. LUC QUILL ccc i Gas Heaters Including the Following Well-Known Makes: | Reznor Quick C Radiantfires Are being sold now at a big reduction. Install one or moré _ of these heaters in your home and enjoy. its Priced From $4.50 Up One Carload of the Famous Detroit Jewel Ranges _ Now on Sale at a 15 Per Cent Reduuction Casper Gas Appliance Co. go on that and you'll genuine luc! reels, bait, tackle here AA omfort of fish, The mo quick, clean, cheer- We also” thin, plies. Phone 1500. \ "Best Bowl of Chili in Town 20c —this store before you ” The right rods, of fishing and all kinds line in the city. in baseball sup- King.Lunch at populatyprices, Quick . Grand:Central Block Bae ES Gy lp SLY, La. fishing trip experience “fisherman’s hooks and for all kinds st ‘complete carry every- (nf if H) i Val EXPORT BUYING [ztestock rar Tarif’ Rumors Also Help Upward industries was in evidence, but the market slipped downward when wheat showed weakness. The close was heavy, May 65% @85%c to 5%c. explosion here, had a bullisi effect on the oats marekt which staried % to. 4@%o higher, May 41%'to 41%c one cent lower; first, 19c; seconds, 150, packing 15. broilers 50c; springs 40c; roosters 15@ 22, Higher; creamery extras. 45140; stand- erds, 42%c. firsts, 22%40; ordinary’ firsts, 19@20c: at mark, cases included, 21@21%c. springs, S4c. domestic, 99%; foreign, 57%c. Market northern white, sacked and bulk, $1@ 1, ed, $1.25 cwt Tribune For Sale Ad. PAGE SEVEN STOGK TRADING IS REACTIONARY Definite Trend: Lacking,at Open- ing Today; Call Money Is 6l4 Per Cent NEW YORK, March 21—On the stock exchange today trading ;besan with a resumption of the rece? un- certain movement. Mexican Petrol- eum was the most conspicuous fea- ture, failling 2 points in the first few transactions on selling attributed to latest industrial advices from, across the Rio Grande, Atlantic Gulf opened with a fractional gain, but immediate- ly reacted 1% points and rails were disposed to ease. Firmness was shown by General Asphalt, American Tobac- co, Crucible Steel, American Linsetd, Pierce Arrow and International Paper. Preliminary quotations for exchange on ondon were mioderately higher. Automobile shares and.rnbber spec- falties represented the constructive CHICAGO, March 21.—(U... 8. Bu- Teau of “Markets}—Cattle—Receipts, 16,000;"beef steers slow, uneven; early sales to shippers steady to strong; bulk beet ‘steers, -$8.50@9.75; -butcher she stock~-strong to 25c’ higher; bulk fat.cows and heifers, $5.75@6.75; can- ners and cutters largely $3@4.50; bulls steady; bulk, \$7.25@38.25; calves slow, lower; bulk vealers, _$10@11; stockers and feeders steady. 5 Hogs—Receipts, 25,000; light and light butchers mostly 15c to 25c high- or; others’ slow, mostly steady to lic BOOSTS PRICES Opening of Wheat “Market higher; lambs top, early ‘to city butchers 80- pound: shorn lambs,. $9.50; some held higher. Bulk fat wooled lambs, early $9.50@10.25; 100-pound’ shorn year- lings and twos mixed, $6.75; no sheep ‘Jsold early. DENVER, Colo. March 21.—Cattle, Teceipts '1,400; strong, 25c higher; beet steers $7.25@8.60; cows and heifers $1.41% to $1.42. ; $5.50@7.00; calves 10.00@12.00; stock-| sae of the market during the mornin: ‘Corn rose. with t:: After open: png feeders $5.508.50; bulls $3.50 / but rans, steels and rane tes meee ing unchanged to %@%c higher: in- | @4.50. s ‘e ened, New York Central and Read- WILL WSIT THIS GITY eluding “May at 70’to 70% tha mar-j Hos—Receipts 700; 25@50e: higher; | ing being especially reactionary. Gains ‘ket: scored’ a moderate general ad-| top -$10.50; bulk $9.50@10.26. of 1 to 21% points accompanied the vance. ; Sheep—Receipts 10,000; steady to! nuving of Chandler, Studebaker, Max- strong; lambs $7.25@9.25; ewes $4.75 mpetition between shippers and @s28, well, Pierce Arrow and International Motors, also Kelly-Springfield Tire, and Stromberg Carburetor. Pools fur- nished strength in American Internat- fonal General Asphalt, - American Woolen, Industrial Alcohol and Mon- treal Leather at gains of 1 to1%, and olls recovered part of their reversal Call money opened at 64% percent, the lowest initial rate in many weeks and private loans were again negotiated at 5 and 5% per cent. Metals. Li NEW YORK, March 21-—Copper— Dull; electrolytic, spot and March 13 @12%c; second quarter, 12%4@13c, Iron—Nominal; No. 1 northern, $28; No, 2 northern, $27; No. 2 southern, $25.50@26.50. ‘ Tin—Firm; spot and nearby, $28.50; futures, $29@29.50. Antitmony—Spot, $5.50. Lead—Dull; spot, $4. Zinc—Qui East St, Louis deliv- ery, spot $4.75@4.85, Money and Exchange. NEW YORK, March 21.—Prime mercantile paper, 74@7% per cent. Exchange—Steady; sterling, $3.91%: cables $3.92%. Francs, demand 6.97, cables 6.99. WE'RE ALL GOING TO “THE DEVIL” TOMORROW a Cc. W. Smith, better known as “Cy- clone’ Smith, from Cleveland, Ohio, is in Casper for a few days looking over the territory here for the Cyclone hoist used in the ofl regions for lifting bits and other heavy material about the wells and operations in. general. Mr. Simith has beer cuaning the Wyo- ming oil fields for some time now and each visit he finds this territory de- manding more of the Cyclone products than ever before. %@%oc to 1%c lower, with resulting from the. slevator id then hardened still more. Closing Quotations. CHICAGO, March 21.—Close: ‘Wheat—March $1.52%, May $1.41%. Corn—May 65%c, July 68%c. Oats—May 40%c, July 42%c, Pork—May $20.90. Lard—May $11.80, July $12.15. Ribs—May $11.47, July $11.85. Jimmy Purcell of the Leldecker Tool company is back in town after @ scouting trip up through Montana in the interests of the Leidecker firm. Jimmy reports that there is much work té be done in the Montena fields this coming season but that there are many concerns playing the ofl game on a shoestring with the probable re- sult that there will be numerous fail- ures among the smajl fry later on. KANSAS CITY, March 21.— Eges, Butter—Unchanged, creamery 46¢; Poultry— Unchanged; hens, 29¢; Fern Hudson, the well known rig builder, recently returned from De- beque, Colo., where he has completed a rig for a well that is to be drilled there by the Inland and the Carter Chicago Provisions. CHICAGO, March 21. — Butter— Ygge—Lower; receipts, 28,626 cases; CHARLES J. STONE Petroleum Geologist Reports and Surveys WINNETT, MONT. Poultry—Alive, higher; fowls, 35c; i Silver, NEW YORK, March 21.—Bar silver, Mexican dollars 43%c. Geologists Oil Experts, Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Print Co. P. O. Box 325 Rm. 10, Lyric Potatoes. CHICAGO, March 21.—Potatoes— wiak; receipts, 100 cars; 15 cwt.; Minnesota early Ohios sack- (ase Tag Ds Dadian ‘Have you anything to sell. Try a % Don’t HAVE CuILLy Rooms! Electricity will help you to take off that disagreeable, shivery, unhealthful chill—the chill that is the cause of so many colds. Electricity—and a‘ HUGHES Sunspeam HEATER will furnish enough heat. ; to make you comfortable. Any electric light socket in your’home will furnish the current —and you can carry the heater with you from room to room. The cheery glow. sent.out by the polished copper reflector car- ries with it a powerful volume of heat that will effectually warm up the average rogm. It’s safe, too. ? The chilly days ate here. Get your heater while there is an ample supply. Protect yourself. Call on us or call us up.’ Natrona Power Company "PHONE 69