Casper Daily Tribune Newspaper, March 25, 1921, Page 11

FRIDAY, MARCH 25, 1921 ————aoaaSEeEeEeEeaaoSSS—— AUSH STARTED FOR ALAGKA OIL Well Completed in Fort Nataaa Field by Imperial Flows 1,000 Barrels. -- FAIRBANKS, Alaska, xrarch 25.— Daniel Cadzow; factor of Rampart Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY Ground Floor Oil. Exchange Bldg. LOCAL OFLU STOCKS Amalgamated Royalty ....$ American . House, one of the northernmost posts| Buck of the Hudson _Bay company, here)! today, said mounted police patrols, re- iurning from their annual mai} trips from Fort McPherson and McKenzie river districts, declared an immense camp is being formed in the Fort Nor- man oil fleld, with hundreds already en route an dothers awaiting the opening of spring traffic. The Fort norman field, Cadzow said is 300 miles long and 200 miles wide, along the McKenzie river. One well, sunk by the Imperial Oil company gushed 1,000 barrels an hour at 800 feet, according to Cadzow’s informa- tion and arrangements are being made to pipe the oil to the nearest navigable stream. The Canadian government has two airships for communication with the oil fields. | A arket Gossip Glendo Wants Of1 Test Glendo is to have An oil boom if the citizens of that point can make it come about. ‘There is to be a mass meeting of the citizens on April and on that date the local oil promoters are to put forward plans for the drill- ing wells in the Glendo vicinity, Has Big Program The wells on this tract are not be- active in the Salt Creek field where the company has leases adoining the lands of the B. T. Williams Oil com- pany. The Kasoming-now has about - 24 wells drilling or waiting on the tools and this includes about 14 rigs and locations. The wells onthis tract are not be- ing. completed because of the overpro- duction in the Salt, Creek field at the present time but as soon as the pres- ent congestion is over, the Kasom- ing will likely become one’ of the large oll producers of the Salt Creek field, The firm is experimenting with nitro- glycerine and has obtained such good | results by shooting that it is quite likely that all the companies will start +a shooting campaign in the southern part of the field. The Kasoming has one weil, the No. 4 on lease“B that is now waiting on a shot. No. 3 on the same lease is cleaning out as is also the No. 1-well-on- Tease A. : Important Test Nearing Sand. Montana is figuratively standing on its tip toes awaiting the outcome of the Ohio Oil companys ‘test of the Bi Wall structure in the Roundup district. This well is located on the} northwest % of the northeast \% of. 24:10-26, near the center ,of Mussel. shell county and southwest.of the Cat Greek field. The hole is &pvn “Below. 1,750 feet and according to the esti- mates of the geologists the Dakota sand, the producing horizon’ in Cat Creek, should be reached within the! next few days. Drilling is proceeding cautiously so as not to unexpectedly. bring in the well. it has just passed thru a thin water sand which ‘ésntifios the formation and-leads to the conclu- sion that the test is nearing comple- tion. The same company is nearing the sand on the Ragged Point struc- ‘ture where it is down 2,100 feet and Jess than 100 feet to go to reach the Dakota. This well is on section 6-6-15. | trom the govérnment. ‘}oompanies in <theyfield are reogiving Consolidated Royalty Columbine .... Cow Gulch Domino EB Fargo .. Lusk Royalty . Lusk Petroleum Mike Henry Mountain an: Northwest . Outwest Picardy . 5 Riverton Refg. Royalty & Producers Sunset Tom Bell Royalty . ‘Western Exploration Wind River Refining ... WYOMING CRUD! Grass Creek Torchlight 1.75 Elk Basin 5 Greybull 5 Lange Creek Lander ~.. shares of Mountain & Gulf stock held by an eastern interest, mean that Mountain & Gulf shares will have a value of about $1.43 a share when the transaction is completed by delivery of Elk Basin stock. It is this prospec- tive walue which {s enhancing the market price of Mountain & \ Gulf shares. ' It is probable that the Elk Basin company will acquire all the stock of the Mountain & Gulf company and that the latter's remaining assets, consisting of claims in two sections in the northeast, part of the Salt Creck field, will be turned over to a new corporation whose shares will be distributed to Mountain & Gulf ‘ockholders pro rata and operated teir benefit if leases are obtained All the other Salt Creek issues held their own in Wednesday's trading moving slightly in either direction from the prices established Tuesday. There was a strong tip out on Mid- west Oil common, which sold at $2.05, a_recent high mark. All the older large amounts of.withheld and escrow funds as the result of the granting of Ieases and this, to.some extent at least, accounts~for the~ advance in these shares this week: Campbell ‘County Prospects Anticipating an oil boom this sum+ mer, as a follow up oh constant scour- ing of Campbell county by ofl scouts and other representatives of engineer- ing and leasing departments of operat- ing companies, Gillette--the county seat is priming itself to be the center’ of activity. Mountain and Gulf Values The terms for the sale of the Moun-| tain & Gulf company’s acreage in| section 6-39-78 in the Salt Creek field | to the Elk Basin Consolidated Petrol- eum company, which have been agreed | on and confirmed by the pugchase/ by_the latter of one block of HALA Of i a » AR Mh i Simplicity of Construction Durability of Parts Detlestion of Operation jWe know that your underreaming can be done for less wan Underreamer than any other. one of our stores.| from an: pobsithe and al lis an assured fact that Gillette is most ate The Campbell county Record has the following to say about the pros- pee! “The reports are very favorable on both the north and south fields so it avorably situated and is bound to profit through the prospecting which i1l_come Phones 203-204 Union Pacific R. R. . 117.12 FOREIGN EXCHANGE Sterling . Francs Marks . Lire . E OI MABKI- Salt Creek Big Muddy Pilot Butte Hamilton Dome Mule Creek business interests will lend every as- sistance to legitimate propositions and if they will drill a well near Gillette and get an artesian flow of water, that isn't too hard, instead of ofl, they can rest assured that Gillette will take it off their hands and give them a nice bonus for the privilege. If it happens to be a big gas well, that too would prove just as rich an asset so that the company or man that drills near Gillette has three good chances out of four*ot winning. Not many oll companies in wild cat fields have such inducements offered them but Gillette stands ready to back up these state-: ments and has the territory that trust- worthy geologists say are the most promising undeveloped domes in’ the state. Production Tax Protested ‘The Governor of Montana has tried to force a production tax of two per cent upon the oil men of that state, this tax to be in addition to all other taxes imposed upon the oil men. The Governor charged that bribery was -to-stop.the:passage of this meas- ure in the legislature, With Montana trying to place her- self among the oll producing states of the country, tt hardly looks plaus- ible that the ofl men should be call- ed upon to shoulder additional bur. dens of taxation in that common- [wealth heavier than they must pay in other states. PAGE ELEVEN SS OC SALE OF SALT CREEK LAND SET/STAGE SERVICE 10 LOST FOR APRIL of the lands along lace at to It would seem that dealers tn leases and lands adjacent to the operations in Utah are responsible for the rumor of the strike in order to boost prices of their properties. Now States Leases arn Park, Rock Springs, all of 10- “104. G. E. Griffith, Riverton, all of 36- Rad ontel . M. Trevett, Casper, all of 16- 33-80, ; Darby T. Hand, Basin, all’ of 36. 51-101, S, Slider, Dewey S. D. all of 36- . J. O'Connell, Minneapolis, all of 16-37-93. or verbal calls and will taken fact that the land office at Douglas didnot have the A, W. Woodruff, Cheyenne, all of 16-17-2103. Livestock Mart CHICAGO, March 25.—{U. 8. Bur- eau of Markets)—Cattle—Receipts 4,- 000; beef steers dull, weak to unevenly lower; quality plain; bulk beef steers $8.50@9.50; butcher she stock and bulls slow, weak; bulk fat cows and heifers $5.50@7.75; canners and cut- ters mostly $3.00@ bulk bulls $5.25 @6.25; calves st bwik vealers 40 | 59.00@9.50; stockers and feeders weak to lower; bulk stocker and feeder steers $7.25@8.25; choice selected meaty feeder steers $9.35, Hogs—Receipts 15,000; slow, very uneven, mostly steady with -yester- day’s average; top early $11.10, bull 200 pounds down $10.40@11.00; bulk 220 pounds up $9.25@10.35; pigs most- ly steady. Sheep — Receipts 7,000; killing classes steady to 25c higher; heavies: up most, wooled lambs top $10.75; shorn $9.35; 101’ pound shorn’ lambs $7.50; bulk: fat wooled lambs: $9.75@ 10.50; top ewes $6.50; bulk fat ewes $5.50@ 6,25, Potatoes CHICAGO, March 25. weak, receipts 55 cars; Michigan and Wisconsin sacked rou white 95@$1.05 cwt.; bulk round white $1.00@1.10 cwt; innesota and Early ‘Ohios sacked, mostly $1.25 cwt. Chicago Provisions CHICAGO, March 25s—Butter—low- er; creamery extras 44c; standard 4ic. s—Lower; receipts 20,406 cases; firsts 22% @23c; ordinary firsts 19@ 29c; at mark, cases included 21@22c. Poultry—Alive, lower; fowls 30c; springs 34c. Money and Exchange NEW YORK, March 25—Prime mer- cantile paper 74@7% per cent. Exchange nominal; sterling, demand $3.91%; cables $3.91%. Francs, demand 6.91; cables 6,92, Utah Report Erroneous A report that the Ohio Of! company has struck a 25-barrel well in the Utah test on the Circle Cliffs struc- ture is erroneous. The Ohio well has had no oil yet and none is expected until’ the tools are much deeper than at present. In the past the Ohfo and Midwest have never made a mystery of any f their operations and these rumors Belgian francs, demand 7.23%; cables 7.24. Guilder, demand 34.40; cables 24.50. Lire, demand 3.97; cables 3.97%. Marks, demand 1.56%; cables 1.57. Brazil, Montreal 11% er cent discount. SS Somebody is going te get a bar- gain in a building lot on next Sunday, Special for Satu i 0) I AH ry pene ome [Machine Co. Fee LC I | El Dorado, Friday and rday Celery, 3 Bunches for 25c Large Head Lettuce, 3 for 25c ‘Oranges, Per Dozen, 35c We Have Them EASTER FLOWERS, POTTED PLANTS, CUT FLOWERS Special Carnations, | The . Per Dozen $2.00 POMONA MARKET to BARLITT MARKET Successors 212 South Wolcctt Phone 546 We Deliver Building Materials We are equipped with the stock to supply your wants in high grade lum- ber and builders’ supplies. Rig tim- bers a specialty. KEITH LUMBER CO. Phone 3 the east side of the Salt Creek Wyo., April 28, the tracts the officials of be in charge of the sale, Place April 14, but because orders from Washington in time to publish 30 days previous to the sale ‘and also becatise of the suspension yj of tly publication of the Wyoming Oil World, the date was changed by orders fram Washington to April 28. ‘The sale falls upon a Thursday and the oil men of this region are intense- ly interested in the auction because it is the first official act of the new Commissioner of Public Lands Spry, former Governor of Utah and because of his being a western man, the ofl operators are expecting better treat- ment than they received at the handy of the former Land Commissioner Clay Tallman. This sale will be held according to the regulations governing such sales and which can be had upon. applica- tion to the different Land Offices. The government will retain a 30 per cent royalty on the tracts. and the lands will be disposed of {n 160 acre units and no purchaser will be allowed to buy more than 640 acres all told. The government is to take extra precau- tions regarding this clause and should it ever become proven later on that a bidder acquired more than the al- lotted share of 640 acres, that particu- lar sale shall be revoked and declar- ed invalid. pests Pe A COLORADO HOUSE VOTES . TAX TO GET GIFT FUND DENVER, March 25.—By a large majority the house of representatives of “the ‘Colorado legislature today adopted a measure levying a 1 cent tax to raise a fund to provide $600,- 000 necessary to insure a gift of $800,- )00 ‘from the Rockefeller Foundation fund. ‘The combined sum is to be used for construction of a state medi- gal school in Denver, as an addition to the state university at Boulder. A lively struggle was forecast for he ‘senate this afternoon when the ppointment of Jformer Liecut.-Gov. Jeorge Stephan to be registrar of the state land board is scheduled to ap. sear for confirmation. The appoin' nent yesterday was withdrawn by ‘overnor Shoup and pocketed by ieuvenant-Governor Cooley, but was Mcially resubmitted this morning. “he document, embodying the aprcint- nent, was, presented to Secretary ‘icLean in the presence of a number of senators. The senate recessed until 2:30 o'clock after the journal. Several sen- ators then appeared before ‘the asses- sor’s conference here and urged lower- ing of assessments on cattle, sheep ind other livestock. *~ Silver » NEW YORK, March 25.—Bar Silver, 28, DATE POSTPONED) SOLDIER FELD STARTED A new scrvice between Casper and the ofl flelds has been instituted by J, R Tyler. Threo times « week a stage will leave the Henning totel for tho Lost Soldier field and Rawlins and a stage will leave Rawlins for Casper on alternating days during the week. This service was instituted because arrangements have heen made to pen up good roads to the Natrona county line on the south to make the business of northern Carbon county tributary to Casper. ——-—____ PETROLEUM CHIEF NAMED president of the American Indepen- dent Petroleum association. of the for which women are eminently suitable. Proof |of this is to be found in the romark- able success of Miss Griff, tho first woman to become an associate mem- ber of the Institute of Automobile Engineers of Great Britain. Starting as a motor engineer, Miss Griff ulti- mately acquired such @ knowledge of other plonecr women engineers aro patent office work, and the ical side of Xray work. ———.. NOTION To masons of Oli City Lodge a a special presting ore for Wri- Fore DELL, W. M. G. W. ANDERSO! Geologists Oil Expe-ts Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Print Co. P. O. Box 325 Rm. 10, Lyric The Morris Co. NiniI si Largest Market in the State—Wholesale & Retail 129 East Second St. This market has reduced the prices on Fresh Meats more than 40 per cent during the past six months. Phone 12. It will pay you to notice our large Display Window every day. For Your Easter Dinner PORK CUTS Fresh Hams, half or whole, per:Ib Fresh Pork Shoulders, per lb. Fresh Pork Loins, half or whole, per. Fresh Pork Spare ribs per Ib BABY VEAL Shoulder Roasts MEATS GENUINE SPRING LAMB Lamb Legs, per Ib. -35¢ Lamb Fore Shoulders_25¢ BEEF CUTS Choice Corn Fed Steers Ib.____30e per Ib. ~--20¢ “Swift's Premium Hams, per Ib. Guaranteed Strictly Fresh Eggs, per dozen_ Green Onions Radishes Lettuce Cauliflower Choice Prime Roll Rib Roasts, per Ib. Choice Pot Roast, Choice Plate Boil, per Tho See NOU 1 be Strawberries Parsley FRESH FISH EVERY DAY _FRESH KILLED POULTRY AND GAME A COMPLETE STOCK OF DELICATESSEN GOODS Imported and Domestic Cheese domestic 99%c; foreign 57% c. Mexican dollars 44%c. Fresh Fruit and Vegetables Pickles and Kraut in Bulk President Harding Easy | Was Not Born in| Easy A RENTED HOUSE | Terms Nor Was Lloyd George Practically all great men show the earl that is easiest and best reflected through a fa about home-ownershi edge of stability. erivironments and training of the stability mily owned home... There is something p that gives the children confidence and a subconscious knowl- Make a Start Toward That Home Now We are Going to Give You a Chance to Buy a Lot WITHIN The City Limits at a Very Low Price and on Easy Terms We are carrying too many lots and must reduce our holdings. So on next Sunday you will get a bargain in lots Within the City Limits Where Water, Lights and Telephone Wires are Available Look for Our Ad Tomorrow on Page 5 ij 3 bs e e & tod a : = j ft L i ; f