Casper Daily Tribune Newspaper, March 28, 1921, Page 7

AMRKET GOSSIP AND FIELD NEW NEW GUSHER IN OSAGE DISTRICT Today’s Markets Wire FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bldg. Phones 203-204 Balt Cteek cust .ssanasa-—--sser 1,40 ¢ STOCKS Wyo.dcans . 2.60 letion by the Northeamp Drilling syndicate of its| Am: vee 08 § AL Wyoetok. 1 04 well on ion 18-46-64 as one of the largest producers in {4% . 0% 1 Seater ‘Ott Fietas pe the field, is reported from the Osage (Wye) eld. Tdols ng Lit au ORL SOME Leadgsrencese x were blown from the hole and the derricks were flooded with | peanut sscttstbeesees a8 “$138.00. $140.00 oil when the sand was penetrated one foot at the 1,550-foot| Bicketone Salt Creck a. 88 0 level. ‘The well is lotated ot the southeast quarter of the| Buck Greer cc. 88 ee Section on holdings adjoining ¢ | Boston: Wyoming. ........ 1.28 a the Midwest company, Burke... ... «13 The Omaha-Alliance syndicate nas | Black Tail .... seater 02 ; raps ro snaleations of olf at sis CHADBMG ee oe in t 25- bye rye : 46-4, ter OP MeDS 28 Sorte sents saa wou New Test for Big Piney Consolidated Royalty ..... 1.31 CG. 8: Goddard of Balt Latte city | Columbine. 2 oe... at is moving & Standard fg to holdings | Casper Ranger 1.1 so0 01 i in the Big Piney i6i@, Lindbin coun-| COW Gulch sevesucnccice 08 enviar) peal for @ well to be. dttiled ag ge ROSE ee FS} & short distance northeast of the As | ©. T. Willinms . . ra Further Improvement Also Fore-|sociated Ol! company's rig crested for | Hilchorn . é 2 foo ; cast in Monthly Review of [2 doep test of that structure, Mexican Petroleum ..$149.00 $143.50 Bank Vacauin | Processes ‘ vassa B00 8.25] Sinelair Ol see B00 83.50 Reserve Oil MoH opetatins leases fn the (icieeesstuaee 88) Al Demee! Ol ss we a00 alr southerh part of the Sult Creek field | Great Western Petroleum, .05 .07, Pan American Pete.. 71.75 69.62 KANSAS CITY, Mb., Mareh 28 —Jare cosidering Fosortin, to vacuum | Hutton Lake . o4s 08) 0a). 8, Btesl....... Dowez2 anlar Improved Busihys§ eonditiois are ré-| processes in order to protect theit | Jupiter . 203 Union Paviie ROR. .,.117.00 116.75 ported and further improved condl-) properties. The BH, Ti Williams Oi! | Kinney die, hee #ORBIGN EXCHANGE tions forecast in the March review |company has established @ heavy vac.| LAnte Creek Royalty . 08 08} Sterling . . eens BB.O1M of the Tenth District Federal Rest>ve uum on its leases where the company | Lusk Royalty © .......64.. 03.07 | Iranes ak mailé Buble here today. [has several wells and a gasoline plant | Lusk Petroleum w0LLLl 88.08] Maris ~ 7 Stimulated, by’ exceptionally mildjand this vacuum, It is contended, | Mike HOMEY oes 07 08 Lire, . weather in Febriiary spring trade hab sucking of! ftom the adjoining lease. | Mountain & Gult 36) Gail Money opened ap in many lings, the review~-| holds, - Northwest . ’ er finés, ThY moderate temperature) The Wiliams piant is FY eu as | Outwest .. 01) 8%e i. vas proved béneficlal to agriciiture on the |carryihg about 10 poifite of vacuum | Picardy... Dal Sat ha c-oak whole, it is stated, although réports|aurihg the day on its wells but at| Riverton Refg. OU Satoaa ce from many farming communities in-|night this figure ts run up to 16 | Royalty & Prod. . 22) tet ans oieate apprehension at the possibility /points aha therefore an averake for |Tom Bell Royalty 05} ona 4% of serious cfop ravages by insects./the #4 hotirs would run about 12% | Sunset é 07/ ara 4%s ‘fhe thfestation of the ground is Baid | points on the vacuum guage. + Western Exploration i 85) 4th athe . to Be particularly promounced this! The big plant of the Midivest in the| Wind River Refining — OLB victory 4N8 year. eae. bs ee bere of ice field would natur- WYOMING CRUDE olf, MARKET ~ in the hh of the le-jally suffer if the Vacuum dystem |G ote ists ; ' voted to Inbor the situation is char-|were to go into Operation in tho field | ToroMight ever ee a ee | eo ORO maaan a 81,50 abteti#ed as tfsettied, due, it says, to efforts at Feddjustment, Although some ifdusttles Have beef cortipelled to reduce forces, renewed attivities in other lines have created hew de- matids anid absorbed a large part of finemployed. “ ner pr s ins been made, the féVieW declares, in tHe ditection of & Fedtetion Of the valtimé of cred- its. ‘his has been accompanied by a dectesbe in the aggregate of re- setve8 ond deposits, Nevertheless, thé @emand for lohable funds dontin- ues heavy. No softeting of the rates is discernable. Barkers generally te port they have fet thé lafgs March 1 farm. settlements satisfactorily and méét of them, 68eiA to have met thet coms tax Payents Without great in- conveniéficé, accofdifg to the review. Bahkérs of thé southwest wete said to be especially ifiterested at this time in the question of foreign trade fin- aneing and were declared to be giv- ite pabticulat attetition to promoting foreigii frade for the products of this district inued reducion of priéés of com modlties were noted throughott the) district during the month, the review says, but they were not of the sensa- tional character of the six months previous. INTENTION TO ATTEMPT DELIVERY. OF PRISONER FAILS TO DEVELOP WERE With the return of George Masse 14 George Hverts, acputies from the Sheriff's office who loft Rory ate 4 with four prisoners enten termé in the state penitentiary, the feat’ that was held by local officials that an effort would be madd to free ¥. G. Mitchell, one of the prisoners, cfopy out. 4 Thtottiedtod reosived ftom confiden- tial sourées by the. sheriff's office in- dicated that an attempt would be made to secure Mitchell's freedorn whilé he was on his way to the peni- tentiary. Mitchell was a member of the gang Which several weeks ago at- tempted a wholesile clean-up in Cas- per by raising bank drafts. The at- tempt Waa frustrated on the firet deal but all members of the gang dsvaped except Mitchell. ‘That Mitchell expected some effort in his behalf was shown by his actions while he wis route to the state penitentiary. Precautions taken i) along the ling by the sheriff's forces prevented such sh attempt at outside help, and Mitchell himself was held holpléss in an Oregon boot while hi was belig taken to the penitentiary. a Naval Academy To Enter Relay PHILADELPHIA, March 28.—An- nouncement was made today that the naval acafiémy would be represented at the University of Pennsyivania re- jay carnival here on April 29 and 30. Tt is the first time a navy track team ahd Were this big plant to start plac- itg a vacuum on the wells it draws upon it would probably mean that other tracts nearby wownld suffer in their gas production. This plant of the Midwest has so far kept a présstire ori ull its supply wells but as a matter of self protec- tiofi i ase the VvacuiiM process he- came general over the field, the, big comipressed station would have’ to start sucking the gas through its iihes. Onspet Men File in Utah. Plans for oil, oli shale and power developmeht were fofecast for Utah ih filings made by Casper mon, W. A. Blackthote and rk U. Weber, rep- resenting big local interests, seeking to tle up Watef interésis that will provide the required water for such purposes. ‘The filings were tiade in Salt Lake City Eriday. The Casper interests, actording to théir applitation, are planning to dfill for oil in the Circle Cufr country in Garneld county. They applied for the tse of one-half sec- ond foot of water from Horse can- yon if that county and plan to carry the water five miles ih pipelines to \tha scene of.the new drilling opera- tions. ‘This Is the preliminary to the start of a development campaign that will feature many Casper interests, — in- cluding the Ono, Midwest, Chappell, ous other Casper corpanies. _ ——— Campbell county {6 claiming to be oh the verge of & big ofl boorh as the result of visits of Casper oll men, Who it fs claimed are working out the preliminary plana to the start of activé drilling campaigns. ‘The visit of Messrs. ©, E. Rhine- smith, B. Bussey, H. 2. Henderson, H. F. Meeding,; J. Storecker and otlt- ers to the Campbell county fields dur- ing the past week is the inspiration for the latest hopes of the northerh prospect county. i Horse Creek Work Rosumed. The well in which Cheyenhe is chiefly interested in seeing completed is near Horse Creek station on the Colorado & Southern railroad. This well was shut down last fall at an approximate depth of 2,500 feet with little indication that it would ever be tesumed. Gas estaping from the well this epring caused renewed hopes and operations were undertaken. It ig believed that the néxt 380 days should see! completion of the test. Cumberland Test Shut Down The Moore Oll company wer which southwestern Wyoming Operators think will be an important test of the Cumberland country is shut down at a depth of approximately 500 feet awaiting for special casing that has been ordered to permit deep drilling. peices orbit arte A ea ca I 9 CUT FLOWERS POTTED PLANTS BUXTON GREENHOUSE 244 N. Kimball. Tel. 721-W COMING “DINTY” With WESLEY BARRY Tf you ‘are interested in land) “you will be sorry” (apologies 4o Rob- «ert Cohen) if you do not become a datly reader of the offerings to be em- blazoned herein. The Reid Construc- zis In Irrigated 7 ‘iry ALALASALALALALALAGACAGACAD , hos, patented tion Co. finquishments and’ busi“ ness opportunities. Now Located in Room Notary Public 234, Midwest Buildizg K (ite ede HKHKHKHKHKHKHKHKH Frantz, lowa:Wyomih# ond. pumes; = TALALALALALALALALALALALALA Ble Basin scence. 1.75) Big Muday ceceae vecce cue 140 Greybull -____ weeennn=—— 1.75] Pilot Butt® cocsscsevenetcsasccas 1140 Lance Creek ss. one nne. ton Derme wsevesesccu. 140 Lander —._Wsdsdidsecsi-. 95 LEASE AUCTION SET FOR POOR DATE TO REALIZE BIG RETURKS The coming sale of oil lands in the Salt Greek field is creating considerable interest in this part of the country, but the oil men appear to consider that the olitgoing political party has put something ovet on the new administration byl staging the sale now. This sale will affect the transfer of many valuable tratts in the fleld that are worth moehy mil- be productive of very low pricés,on the! lions in the aggregate, yet it is doubt« tracts and that it will eventually ro- ful if the government will realize @! sult in a much lowe? valuation upon tenth of thé value 6h thé sulé béchuse| all of] lands ih the Whole Salt Creek ot the poor time of having the sale,| district, i eran oan et en, WOOL GROWERS TAKING ORDERS FOR BLANKETS FROM VIRGIN PRODUCT lows the 6ll producers to send out from their leases abotit two-thiras of the arnount of oil they are capable of Producing and this figure is hot likely to be increased in the hear future as the tank farms. both at Casper and Teapot And in the field itself are heav-| ily congested with crude stocks, In fact, it is freely ‘stated that there RAWLINGS, Wyo. March 28.—The first virgin wool blankets manufac-| tured at the order of the Wyoming Wool Growers’ in an effort to create a diseriminating demand for merchandise tattle not froth shoddy that possibly had been used half. a dozen times previonsly, but from wool direct from the sheep's back, have is a sttong probability of a further cut Ta Shipments in‘ the’ near future unless been placed. on exhibition and orders now are being taken. The association demands for refined products becomé| is able to offer the virgin wool product stronger. at a’price not greater thah that de- The sale of the government tracts therefore is to be held at @ time wher manded for blankets made ‘from shoddy or reworked Is, the fiber of All the ofl men are heavily in’ debt which virtually has mn destroyed through the market conditiohs and When there is comparatively little through repeated use in the manufac- ture of other articles, money to be had for spectilative pur poses. Coupled with this fact, the low crude market and the high royalty demanded by the government will probably react heavily against high bids at the sale. si It has alWays been the custom ih the/oil business sincé the first oil leasé was drawn to make thé royalty about an eléhth of’ all tho olfproduced. Thia would mean about 12 per cent but the government has arbitrarily raised this figure to thrice What the custom hag declared to bé the true measure. Statements among the oil men here tend to show that the coming sale will x Bhd Lary CK nnoun: i mh uub.s80-880 aalaweet Retin ory “Go, dg. “4 Office phone 1548, Residence Ideal Perley phone 1236 | $25.00 REDUCTION ; and Nickel Ranges. window and note the many exclusive fea 119 East 1st Street B04 received, on a limited number of these wonderful White Enamel See this Beautiful range in our Your choice of either right or left ovens. Casper Gas Appliance Co, ee Casper Daity Crioune GOLD BOLSTERS GHAIN MARKE Opening Shows Strength but Up- turns in Prices Fail to =~ Stand Up CHICAGO, March 28.—Cola weather put some strength into the wheat mar Ket today. No damage reports Wete however, and upturhs in rices faifed to last. Trading, whieh in today in the July delivery, was: ‘90 | Of only small volume, with initial quo- tations $1.02 to $1.25 about as Kener. ‘ally ted. The tharket as a Whole open to 1% cents higher, Match $1.54 and May $1.41% to $1.42%, but S00h sagged to slightly below Satur- day’s finish. Later advices indicating that con- siderable damage may have been done BY urSeasonable low temperatures had @ bullish effect, and so too did an- Houncément that the visitie supply total was the smallest in more than thirty years. The close was unset- flea, 1% to 3% cents net higher, with ee $1.57 and May $1.43% to 43%. orh Srallelid f= s-tion of wheat. After Opening ufichanged to % cent Righer, including May at 64 to 64% eents ,the market recedéd all around to a moderate extent. May touched the lowest price yet for the present crop, but smallness of receipts together with colder weather helped give a little firmness to the tarket later. Tho close was steady, % to % cent net higher, with May 6446 to 64% cents. Oats were governed by the course of Other cereals, starting % to % cent Up, May 40% cents, afd then undergo- ing something of a setback. Lower quotations oh hogs weakened provisions. Closing Quotations. CHICAGO, March 28,—Close: Wheat—Match $1.57, May $1.42. Corh—May 64ige, Tuly 67%e. OatsMay 40%, July 42e. Pork—May $19.60. Lard—May $11.27, July $13.62. Ribe—May $10.87, July $11,25. Potatoes CHICAGO, March 28.—Potatoes — firm; receipts 62 ears; Northern White sacked $1.00@1.20 cwt. } Chicago Provisions CHICAGO, March 28. — Butter — higher; creafmery extras 44c; stand- ards 41%6, Bees—Unohanged; receipts 27,585 cases; firsts 22%; ordinary firsts dpepseo; @t mark, cases ficluded 21@ 22e, Poultry—Alive, unchanged; 88; springs $3¢. fowls KANSAS CITY, March 28.—Eggs— Unchanged; firsts 19c; seconds, 15c. Butter—Unchanged, creamery 466; packiig. 150. Poultry—Hens, one cent lower, 2c; broilers, unchanged, 20c; roosters un- changed, 14@19c. Potatoes—Unchanged, $1594.00. —_—_—_o Search Made for SPOKANE, Wash. March 28,— Search for Mrs. Charles Fett was car- ried to the Spokane river after her husband shot and killed himselt when the police sought ad- mission to-his home.to question him concerning his wife's disd¢ppearance. Fett's clothing at the time he killed himself Was foakihg wet. - Geologists Oil Expe-ts Oil Field Maps ‘Blue Prints Explorations Reports Wyoming Map & Blue Print Co. P. O. Box 325 Rm. 10, Lyric ‘Easy To CleansAs-A * Wife of Suicide China Plate $25.00 tures it has. Phone 1509 PAGE SEVEN et | Livestock Mart | CHICAGO, March 28—U. S. Bu- Fea ‘of Markets)—Cattle — Receipts 23,000; slow, early sales beef steers ‘and butcher she stock fully 25c lowet; choice hE yearling steers $10.00; some held higher; bulk beer steers $3.26@9.50; bulk fat cows antl heifers $5.25@5. cariners and cutters most- ly. $4.00@4.50; buns Weidk to lower, bulk $5.00@6.00; catves 50¢ _ lower: bulk vealers §8.00@8.50; stockers and feeders slow; early sales 25 to boc lower. / Hogs—Recelpts 47,000; opened fair- ly active, later slow; largely 26 to 400 lower than Saturday's average; spots more, top eatiy $10.80; bulk 200 pounds down $10.25@10.75; bulk £20 pounds up $0.90@9.86; pigs 2be lower, bulk desirable'90 to 120 pounds $10.50 @10.75. Sheep— Receipts 28,000; opening about steady; good ta choice 88 pound wooled lJainbs $16.25; éhoice 80 t o 82 pound shorn lambs $9.25; bulk fat wooled lamba $9.50@10.25; choic® 128 pound shorn wethers for export $6.25; good 89 pound shorn yearlings and twos $6.75, DENVER, March £8.—Cattle — Re- celts, 900; market steady; beet steers, $7.50@8.75; cows and heifers, $5.50@8.50; calves, $10@13; stodkers ahd feeders, $5.50@8.40; bulls, $4 ts $5, Hogs—Receipts, 600; market etehdy; )™ top, $10; Bulk, $9.40@10. Shéep—Roecoipts, 3,100; market stow; lambs, $7,50@9.50; ewes, $4.50@5.50, WYATT CAETERIA AOOS SPACE TO DING ROOM The Wyatt Cafeteria has béen en- larged considerably through avquir- ing the space Ih the Wyatt Building formerly occupied by. the Jardine & Slack pHiting establishment. ‘Tha additional sne-~ gives the cafeteria a front-Zevoh the Street mhd affords teater Ventilation and ight. The cafeteHa has been newly déc- ofated afd itiproved jn thahy other ways that enhance the interior of this poplilar eating place. A late oveh for baking pastries has been added to thé Kitehof equipment Which practically doubles the capacity in this departihent, gin Vea CALF BORN BLIND PINE BLUFFS,| Wye, March 28,.— A female calf born at the farm of! Henry Wulf a few days ago has no eyes but otherwise i normal and ap: pears to be thriving, The freak has tue difeulty in following its mother, apparently @epending on sense of. smell as & substitute for sight. pa eras sey Lee Sa STOGK VALUES NOT IMPROVED Stronger Financial Conditions Not Reflected in Trading on Exchange eres NEW YORK, Match 28.=Sighs of further commercial and industrial ré- adjustment, as showA by suspended dividends, neutralized easy money and market today. Salés approximated 700,000 shares. The closing was ir- regular. a NEW YORK, Mafeh 28. — Tho stronger position of the Jocal fuderal reserve bank and thé elvaring houge institutions failed to exert any ap- preciable influence over prices at the opening of toiay’s Bteck smarket. The short interest contifiued to depress values in cértain. of the prominent Specialties, Sears Reebuok and In- dustrial Aleohol ‘oon lost 2 points and Virginia-Carolina Chemical, At: \antic Gulf, General Asphait, and American Smelting were itregulatly lower. Houston Oil, American Wooten Stutebaker, Chandler and United States Rubber were among the firm: er issues. Rails, steels and equip- ants recorded very slight changes. Automobite shares, éspetially Stude- baker Chandler and Pioree Arrow preferred as well as American Woolen Asso¢iated Dry Goods, Replogte Steel and Colorado Fuel were supported at gains of 2 to 4 points during the morning. Failway list in which duliness ruled, reactionary tendencies predominated. Mexican Petroleum Jost four points and other prominent oils 1 to 3. If: dustrial Alcohol broke sharpely oh ad: verse dividend rumors and food, cop: per, chemical and leather issues devel- oped increasing heaviness with Sears Roebuck and minor equipments, Call money opened at 6% per cent and time money. was fore plentiful but ucchanged as to rates, Foreign Exchanges Closed LONDON, March 28.4-Today 18 a holiday oh all London, Liverpoo! and Paris exchanges. Stars Ftoebtick Passes Dividend. CHICAGO, March 28.—Sears Rob- buck & Co., threugh its bohta of di- rectors, today plssetl thé ust] quar- terly dividend on its common stock: ‘The company attributed tho action to slack business. Money and Exchange. NEW YORK, March 28.—Prime Mercantile paper, 6% @7 per cent. Exchange—Stendy; sterling, demand $3.91%, cables $8.92. Frates, demand 6.91, cables 6.93. CHARLES J. STONE Core t once 1, hi © to fe musical, ursda; evening, at 748, at the libFary, given under the auspices of the ladies of re] Petroleum Geologist Reports and Surveys WINNETT, MONT. other favorablé fattora in the stock} Hisswhere, excepting the| Belgian frahés, demahd 7.28, eables | 7.25. Guilder's, demand $4.88, cables 34.48, Life, demand. 3,98, cables 4.00. Marks, demand 4.68, cables 1,69. Gteece, démand, 7.70 Argentine, demand $4.00. BPuzilian, daniahd 15.12. Méntieal 1115-16 per cent ‘Giseount, Time loans steady; 60 days, 90 days, six months 64@7 per cent ¥ Call monéy easiet; high 614 per cent; low, 6 fuling rate 644} closing bid, 6; offered at 644; last loan, 6; bank acceptances, 6. Metals, j NEW YORK, March 28.—Copper— Steady; electrolytic ‘spot ahd prompt 12% @il4%e; futures, 12% @18e Iron—Norhinal; No. 1 northern, $28; No, 2 noFtherfi, $27; 0. 2 southern, | 25. Tin—Steady; spot and Mareh, $80.25; futures, $80.50. ; Antimony—$5.25@6.50. Lead—Dull; spot, $4. Bini jer; East St. Louis deliv. ery spot, $4.65@4.75. i i ____ Silver. NEW YORK, Match 28.—Bar ail- ver, domestic 99%0; forsign, 576%. Mexican dollars 43\c. In Ye Olden Time hoop @kirts were worn by those Who first asked the druggist for, and insisted on having the genuife Favorite Pre stription put — up by Doctor Pierce o¥er RELY Fears ago. ress 456 chahger very J muéh thea! But Dr. Pierce imedi- eines cdiithin ard today just ithy year ngs uae sity doen Loge! eauty de) upoh th. ‘Worty, sleepless nights, ‘headaches, ness of a distinctly feminine character in a short time bring the dull eye, the **érow’s feet,’?’ the hagyard look, droop- ing shoulders, and thé faltering step. To retain the aprearanc’ of youth you mist rétafa héAlth, Instead of lo- tiohs, powders Hd paints; ask your druggist for Di. Pidtee’s Favorite Pre sefiption. This famous thedidind strik’s at the VéFy Foot 6f thes® siiémies of your youth- Tul appéaroicé. It makes you Hot fly look younger but feel younger. It 6¥er- comes thé weakness and builds you up. Your druggist ean you wi liquid or tablets or send stamps to Dr. Pierco’s , Buffalo, N. Y., and Bi of the tableta will and a be producing. says. CLIP the COUPON Eb————> Charles Wiper, Cashier, Empite Bank F. J. Robinson A. M. Lundeen ooo cceeerecrccccoccocccooes: Security Petroleum Syndicate, 213 Main Street, Lewistown, Mont, Reserve for me Petroleum Syndicate for w! full or part payment for same, eo oecreccsccccooccscosoocooes SECURITY PETROLEUM SYNDICATE UNITED STATES GOVERNMENT REPORTS SHOW CAT CREEK OIL TO BE HIGHEST GRADE PRODUCED IN UNITED STATES —Headline in The Democrat-News of March 16, The wonder field of the wotld comes into its own. Across the conti- nent they sing the praises of the famous! ,000-barrel field in Montana. And for good reasons. The oil, as the government report says, is the highest grade of any yet produced. And the wells in this field have the highest average of any producing field in the country. In the heart of this great field stands 40 and 20 acres of the SECUR~ ITY PETROLEUM SYNDICATE. We own 40 acres in the well- known. Devils’ Basin north of Roundup structure where three wells are now So when. you look to Montana think of Security. We named it that because we believed in it and because we know it stands for just what it (The scissors and the coupon work together. Use them. SPECIAL NOTICE WE ARE NOW offering Security Petroleum Syndicate units on easy terms. The Security Petroleum Syndicate is capitalized at $150,000. It is a cornmon law trust. Fifteen hundred units at $100 each. For a limited ‘time we offer these. units on the easy terms of $25 down and $25 monthly until paid out. Reliable Agents Wanted aeeeereveraceseeusesasovscnsoesseecn P, 0. Box 546, -.- Units in the Security enclose check (draft) in