Casper Daily Tribune Newspaper, April 2, 1921, Page 9

UTAH WILOGAT GUSING THOUGL The Carter Oil company and the Standard Oil company of New Jersey are having trouble getting a well started on the San Rafael Swel 1 in the Utah wildcat ‘oil regions, The largest of the Standard Oil companies is endeavoring through its subsidiary, the Carter Oil com; test of the San Rafael Swell, whic! the state of Utah and the officials “ot the Carter Oil company have found that after they had secured title to a large part of the acreage on the struc- ture, other claimants showed up and the tittes that the Carter had were clouded thereby. Now the company has refused to go ahead with the test work until there is some settlement between the differ- ent claimants to the, ground and un- Jess this is reached in the near future, the San Rafael district is able to lose ‘the chance for a good testing of the Btructure because the Carter and Standard of New Jersey have several ‘Other structures in Utah that they also expect to drill and to which they could easily move their tools. The present status of the drilling in Utah ts five strings of tools ac- tually working, three shut-down or Feady tu start up and a number of lo- ‘cations made. The Ohio Oil cornpany has three strings drilling, one at liunt- ington, one at Cainesville and tha third at Circle Cliffs. The Old Emery ,Oil company and the San lintacl cor- poration are drilling on the San fael Swell and the Crescent {Eagle 0} Oh Sompany fs drilling about a mile and a half from Crescent Station on the ‘Rio Grande. Inthe Moab district the Biz Six Oll company has drilled n wel! to 985 feet and is now shut down berause the company decided to apply for a Straight government lense instead of going ahead under the placer claim jaw and through the slowness of the oMciniz at Washington to grant a Aeese’ in’ Utah, the company hus de- ‘eldea to shut down until it con have @ title to the land. Under the ciroum- Sige at present the company has right except as 4 squatter on the + ground it is testing. ‘Two wells of importance are being arilled’ across the state line in Colo- rado and the test at Carhonera, Colo., as spudding in. This well is being drilled jointly by the Carter and the land companies. In case Utah develops a large «il ‘territory as Montana is promising to do and Wyoming has done, the trend 4 the oil trade is not expected to set Wyoming very strong. It ou seem that the main trade from the Utah country would be between fhe oll regions of southern California ‘and Utah rather than between Utah and’ Wyoming because of the exces- sive freight rates and long hauis to the Wyoming centers of oildom. \ The Denver and Rio Grande railroad has published a neat booklet on the Utah>cduntry and its «il possibilities 4nd also a map showing the Jocations of thel different fields. “ Domino Issues Statement. The Domino Wyoming Oil company bw issued a statement to the stock- ses OF the company regarding the Btatus of affairs of the firm in the Balt Creek oil field. _ The lease applied for by the Domino. . has been approved and delivered to the company here. This releases the impounded monies amounting to about 200,000 and the Domino will shortiy in the distribution of this sum to the extent of $40,000. + aE te oe een sqpmsnt for the drilling of an- otell ‘and at present the firm is ving about 60 barrels per day luction from the well drilled by 16 Domino and other firms on the “From the appearance of conditions it present the Domino is in excellent hape financially and may soon go on ® dividend-paying basis. ~The detrick that was burned re- gently in the Big Muddy is being re- Placed by a steo! derrick of the Lee C, Moore make and which is carried in stock here in Casper. Pamp Station Operating. The James Lake pump station which the oil between the Rock River ids and Laramie on the Illinois Pipe Line company carrier is now op- erating full blast. Final inspection of the new pumping unit was mede by Olan Gobrecht, an official of the pipe- Ime concern. The station is said to be pumping more oll per day now than @ny station in Wyoming outside the Salt Creek district. Mayor Granted Oil Lease. Mayor C. E. Cherrington of Grand Junction, Colo., who hes just returned from the east, has recuived from thi interior department at Washington a permit granted by the department to 4,660 acres of land located near Car- bonera,, Colo., declared to be one of the most notable oll domes in the west. The permit is the first granted in that section and one of the very few granted in western Colorado. »The Carbonora oil structure is to sands of small investors. 1,280 acres State Permit, acres with rental at 10 cents per, leases, see GEO. Oil Boom On the Way OFFFER FOR QUICK SALE ON THE FAMOUS TRANS-PECOS STRUCTURE, PECOS COUNTY OIL FIELD, PECOS, TEXAS—TODAY is the day of OPPORTUNITY there—next week or next month may be too late! LEASE PRICES BEGIN TO CLIMB, and the scramble for oil properties promises to equal that which made BURKBURNETT, RANGER, WEST COLUMBIA famous and gave great fortunes to thou- University Land, Section 10, Block 23; 640 acres University Land, permit dated February 9, ‘1921, teed b; BS oe State of Texas. pres HALLA, at Legion Club. any, to make a thorough is the largest anticline in be explored by local men, a company having been organized for that pur: Pose. Geologists believe that. oil will be ‘struck at between 1,000 and 1,200 feet. Ed Moore, better known as “Dinty,” the well known head scout of the|Col Gypsy for this region, is in Caspet for @ few days looking over the local fields from, the head office of the Gypsy: in ver. Ed formerly had Casper duting the boom days but later on the Gypsy moved to Denver, Chimney Rock Well Shut Down. R..G. Taylor ofthe firm of Taylor & Clay feached Casper this morning from the head offices of the firm in Denver. Mr. Taylor stated that the Plateau Oil corporation well on the Chimney Rock structure in northern Colorado is shut down on account of mechani- cal trouble about 100 feet on top of the Dakota sand. This well is ex- pected to become a producer when it {s drilled to the pay. The train on the branch litte that runs near this stricture is snowed in. Mr. Taylor expects to start on an auto trip through Kansas in the near future to examine the fields of that region and especially the country in western Kansas where the Plateau is now operating in a new territory. Dakota Well Down 375 Feet The Brown Oil Corporation drilling in the Bear Butte Dome, five miles northeast of Sturgis, South Dakota, is down 375 feet. A flow of water was was encountered. The hole is now being underimmed and the casing lowered on. down to shut off the last water, This is a test of the Minnolusa and Deadwood sands. The first-Minnelusa is expected at just over 500 feet and the second sand of the same forma- ton vat about 850 feet. The second sand in this locality nearly 100 feet in thickness and is expected to furnish the big production. The Brown Corporation recently took over thé stock control of the Cheno Oil company which is in the Alkali Butte field at Riverton. This latter company has two wells com- pleted to the 900 fot sand with a deep test to the wall creek sands dr!Uink at 2,000 feet on the same lease. This development work is being done by the Myrin Oi! compahy. Erected the Lee C. Moore Steel Ri W. GC. Boyer ’b company has ‘returned to Casper after completing the erection of two steel rigs in the Rock River field for the Ohio Oj] company. These two rigs will be used to drill deep wells in the Rock River field and will give a rather complete test of the qualities of the steel rig in competition with wooden ones, Mr. Boyer will start erection of a steel rig in , Big Muddy field at once to replace the’ wood rig burned there @ short time ago, OW Activity at Lovell LOVELL, Wyo., April 1. — From present indications {t seems as though the Lovell country, especially south of town, in what is known as the Pumpkin Center district was due for some oil activity. trict has been rumored as being one of the most clearly defined domes in this section of the country, and has been under lease on several different occasions, but for.many reasons do- velopment work was never been un- dertaken, ‘A group of Sheridan men at one time started drilling in that field but abandoned the work with a shallow hole, presumably from lack of funds, and since that time there has been nothing doing. Now, however, interest in that sec- tion is again alive, and during the past week. Mr. F. J. Berger, trustee pa ERY SOLVED HOME PROBLEM “I was almost distracted with stomach trouble, gas and collc attacks and didn't know what to do. I had tried everything I heard of, and thé doctor's medicine did not help me. A friend told me about Mayr’s Wonder- ful Remedy, and it has solved the problem, as I can now eat anything and have no’ distress,” It is a sim: ple, harmless preparation that re- moves the catarrhal mucus from thé intestinal tract and allays the in flammation which causes practically all stomach, liver and intestinal ail: ments, including appendicitis. One dose will convince’ or money refund: ed. At all druggists.—A: Section 9, Block 23; 640 acre. Your title is guaran- If interested in Texas oil This particular dis- be Casper Daily Cribune a PAGE NINE = rs ‘Ground. Floor FURNISHED BY TAYLOR & -CLAY Oil “Exchange Bldg. ‘Western Oil Fields 92) Midwest Rofg. Phones 203-204 -11| Wyo.-Kans. 2.75 01) Wyo-Tex. ... 0% .02| Western Ofl 30 40|¥ Oil ..... 14 NEW YORK CURB GLOSING ++$140.00 $142.00 .26| Midwest Com. . 212 2.50 113 1.17: Midwest Pref. . 2.00 3.00 10 -.28| Merritt... 11.75 12.25 .0L 03, Glenrock Of... 175 01 .02| Salt Creek ..... 31.00 50.55’ Western States . . —. thi 1 .03 Prod, & Refrs. .... 1.28 1.81 on 7 su, : 132 136 Elk Basin . 1.02) Okmulgee .. Cow Gulch... 08 re Pecan Domino’. .°...52...5 = 307 | Cities Service Com. E. T. Williams 1 ioe S. O. Indiana . . Blkhorn , .. + 09 al NEW YO! 3.00 41) 07 oa 04 21 07 Lusk Royalty .. . Lusk Petroleum —L.. Mike Henry... Mountain & Gulf . . Northwest . Riverton Refg. . Royalty & Produ 38 20 ‘Tom Bell Royalty, .03 05 Sunset ........ i 07 ‘Western Exploration 2.20 2.35 Wind River Refining --.. .01 02 WYOMING CRUD! $1.75 15 of the Oregon Syndicate hns secured about three thousand acres in leases and it is proposed to place a standard rig in the field, which is to be locat- ed by a government geologist for the purpose of testing the field. Mr. Berger states that the syndicate he represents is composed of one hiin- dred men, with a large amount of:ca) ital and they are preparing very ex- tensive operations in the oil fields of ‘Wyoming and Montana, They have. just secured holdings at Geraldine, Montana, and are. now building a rig on their leases, The structure here lies _ directly south of Lovell about three miles and has been designated as one of the largest structures in the state by var- fous geologists. So dnc RES + SENT TO LANDER HOME Jessie Leach, 19-year-old (Casper youth, was committed to the home of the feeble minded at Lander after FRECKLES | Now Is the ‘Time to Get Rid of These Ugly Spots. ) ‘There's no longer the slightest nocd of feeling ashamed of your freckles, as Othine—double strength—is guar- anteed to remove these homely spots. Simply get an ounce of Othine— double strength—from any druggist and apply a little of it night and morning and you should soon see that even the worst freckles have begun to disappear, while the lighter ones have vanished entirely. It is seldom that more than an ounce is needed to completely clear the skin and gain @ beautiful clear complexion. Be sure to ask for the double strength Othine as this is sold under guarantee of money back if it fails to remove freckles——Adv, Mexican Petroleum ..$141.50 E OIL MARKO Jof the Ind which endangered his lite |was responsible for the action taken. —_———_»—__—_—_ | Rotary clubs of the twenty-third dis- Sinclair Oll ..ssesee+. 28.00 Ju ‘Texas Oil . se 41.26 Pen American Peto .. 68.75 By U.S. Steel ++ 80.62 Union Pacifle R. R. .. 116.75 FOREIGN Lett anes Sterling ». 5 Francs . . co! lad 20 87.00 prices, lower, with May $1.34% to $1.35 and{ ev fect on rallying close was heavy, 8%to 54 cents net July $1.14% to $1.14%. ing a shade off to cluding May at 50% to 60%c GRAINS STILL ON TOBOGGAN New Low Prices for Season Es- tablished at Opening of Market Today (By Associsted Press) CHICAGO, April, 1—All deliveries of wheat, corn and oats tumbled down today to new record prices for the séayon. Liquidation on the part of holders developed again in the wheat market after shorts had covered at e opening and had left the market without one of the usual sources of port. The increase of bearish Sentiment was ascribed in a consider- able degree to nervousness regarding European political and economic af- fairs, especially the British coal min- ers’ strike. Opening prices which var- fed from unchanged figures to %c higher, with May $1.388% to $1.39 and ly $1.19% to $1.20% were followed by moderate general gains and then | sharp breaks all around. Bearish crop estimates attracted nsiderable notice. On the break in fresh export demand became ident and had some temporary ef- the market. Corn sagged with wheat. After open- ¥%c advance in- the : > 80.96] market hardened. a little more but Ist 4%s... + 87-56 | then descended. well below yosterday's gnd 4s. + $7.12] finish. 8rd 4%s.. + 90.20] Rallies were feeble. The market 4th 4s... + 87221 closed weak, % to 1% cents net Victory 4¥ + 97.56 | lower, with May, 59%40 to 59% @5S%c. Rock Creek poo nn anna $1.50 Oats were depressed by the down- ward tendency of other cerea.s, start- © %@% to @ cerit up, July 40 to Salt Crock —-----—------. man 1.40) sox, %. and later coring material ci fiecemeateemernre Se UC RE CBE Eat) Lower quotations on hogs weakened Hamilton Dome —— 140 ovisions, Mule Creek .. 95 a brief preliminary hearing in dis trict court ‘Thursday, Practices ROTARY CONVENTION OPENS. LONG BEACH, Cal. April 1— The sixth annual convention of the trict, comprising California, Nevadh, Arizona and Hawaii, opened Thurs- day. About 50" delegates were pres- ent and many more were expected be- fore the close of the conference Satur- day. Leslie Everts of San Diego, district governor, presided. WANTED. INTEREST IN SALT CREEK WELL Either Drilling or about to be Drilled Will furnish casing ° for interest. Lehr F. Peechin Care Law Hotel Denver Pr Simplicity. of Construction. Durabi ] At li of Parts ion of Operation {We know that your underreaming can be done for less| ‘money with a Swan Underreamer than any other. tent one from.an vit jaeaives ¥ one of our stores, [sede aoe can wit 1 of rahi chin ion Closing Quotations CHICAGO, April 1.—Close: Wheat—May, $1.34%; July $1.14%. Corn—May, 59%c; July, 62%c. Oats—May, 87c; July, 38%c. Pork-—May, $18.80; July, $19.15. Our business has been so large that it is again necessary for our buyer to go to the easter markets to fill the gaps in our stock. We are confident that we will have some The} Lard—May, $11.05; July, $11.40. Ribs—May, $10.60; July, $10.97. Potatoes CHICAGO, April 1—Potatoes, weak; receipts 2% cars, Northern white sack- ed and bulk $1.10@W15 cwt.; “Minne- sota Kings $1 cwt; Red River Ohios $1.25@1.40, K. ©. Provisions KANSAS CITY, April 1. — Butter and Eggs, unchanged, Poultry—Hens, lc higher, broilers and roosters unchanged, art Eien wold hd vaeg 220; Livestock Mart CHICAGO, April 1.—(U. 8. Bureau of Markets)—Cattle—Recoipts, 13,000; beef steers steady to strong; spots other grades and classes steady; bulk canners and cutters largely $3.@4.50; bulk bulls $4.75@6; veal calves large- ly $7,60@8; stocker end feeder steers |mostly $7@8.25. Hogs—Receipts 16,000; fairly ac- tive, lights 10 to 26c lower, others 10 | to 1bc lower than yesterday's average; top $10.15 early; lover $10.00; bulk 200 pounds down’ | 9.50; pigs 16 to, 250 lower; bulk desir- able 90 to 125 pound pigs mostly $9.50@10. Sheep — Receipts 800; generally steady; wooled lambs top, $9.75; bull | $9.00@9.50; best 82 to 98 pound clip- pers $8.60 down to. $7.75; choice 123 pound wooled wethers $7.15. q DENVER, April 1.—Cattle — ceipts, 200; about steady; bee* teers, $ 0; cows and cheifers, $5.50@ 7.50; calves, $10@12; stockers and feeders, $5.50@7.75; bulk, $3.75 @5. Hogs—Receipts, 400; market steady, top $9.50; bulk, $8.76@9.25. Sheep — Receipts, 3,800; market strong to 100 higher; lambs, $7.75@ 9.25; ewes, 5@5. pe es ee So Chicago Provisions CHICAGO, April 1.—Butter, higher; creamery extras 46c; standa: 43c. Eggs—Firm; receipts 22,589 cases; firsts 24c; ordinary firnts 20@21c; at mark, included 21@286. Poultry—Alive, unchanged. Sunday {s a day of good deeds. What is a better deed than one for a home? flee Ad page 5. higher; top $9.85; bulk $8.50@9.60; all} butcher cows and heifers $5.50@7.50;! comparatively, few | Re-| | | OILS LOWER ON N.Y EXGHANEE Heavy Selling Features Morning} Session, Other Issues Are Depressed NEW YORK, April 1—Reactionary influences dominated today’s dull and uncertain stock market, leaders for the! most part making variable conce. to further professional pressure, S approximated 550,000 shares. The clos- ing was irregula (By Associated Press) NEW YORK, April 1,—-Selling of oils assumed wider proportions during the morning on today’s stock market. Pan-American Petroleum common an¢ the preferred “B" issues were 1% and 2% points lower. Losses in Royal Dutch, General Asphalt, Texas com- |pany and Pierce Oil preferred aver-| Lire, dernand, 4.07; cr.bles, 4.09. Marks, demand, 1.59; cables, 1.60, Greece, demand, 7.68. 4 Argentine, demand, 38.75. 1 Brazilian, demand, 14.87. ] Montreal, 11%. per cent. discount, Time loans easier; sixty days, ninety and six months, 64@7 per cent, Call money firmer; high, 6%; 10’ | 6%; ruling rate, 6%; closing bid, 6 offered at 7; last loan 6%; bank accept» 6 per cent. April Ww YORK, 1—Copper, electrolytic, spot and- nearby, | 42% and June, 18c. Tron—Mominally unchanged. Tin—Steady; spot and nearby, $29.00; futures, $29.25. Antimony—Spot, $5.12@6.25. Lead—Steady; spot, $4.25. Zinc—Dull; East St. Louis delivery, $4.65@ 4.76, RS 091 MILES IN HOUR AND | HALF 15 NEW AIR RECORD CHEYENNE, Wyo., April 1— aged a point each, Motors and their} From Rock Springs to Cheyenne— specialties were influenced [heavier tone of oi Pierce Arrow and Keys by the tone Tire los- pressure and Sumatra Tobacco, erican Woolen, Central Am- losses of 1 to 1% points. |was almost alone in showing |nounced strength, rising 3% points. Call money opened at 6% per cent Studebaker, | Leather pre-| ferred and Sears Roobuck averaged | Harvester | pro- | distance 231 miles—in 94 minutes was the remarkable record made by | Pilot Harry G. Smith of the air $9.75@10; bulk 220 pounds up $8,75@|ing 1 to 1%. Steels continued under| mail, checking up at division’ head- | quarters here Wednesday afternoon revealed. Smith's average speed during the flight was 2.45 miles a minute, which is only three one- hundredths a mile slower than ‘the record-breaking flight made be- | tween Cheyenne and Omaha a few and the rate of exchange on London} months ago by Pilot Smith, eased. Silver NEW YORK, domostic 99%0; foreign 56%e. Mexican dollars 480. Money and &xchange. NEW YORK, cantile paper, 7%@ 7% per cent. Exchange heavy; sterling, demand,| $3.01 ables, | Franes, dertand, 6.98; cables, 7.00 Belgian francs, demand, 7.28; cables 7.30. Guilders, demand, 34,40; cables, 34.50./ CHARLES J. STONE Petroleum Geologist Reports and Surveys WINNETT, MON'T. In Acknowledgment Weare taking this opportunity to thank the people of Casper for our remarkable sticcess made, possible by your patronage since the opening of 0 our new store. been far ahead of our fondest expectations. In appreciation we are making an honest effort to make your dollar purchase a real dollar's worth of merchandise. j | real: bargains to-offer our customers in the immediate future: Our window displays will keep you posted as fo what ptesent prices are. Beginning Saturday and Continuing for One Week ‘A Black and Tan ‘WE WILL OFFER THESE’ SPECIALS Hose, double heen and toe, fast colors; per doz., $1 209 A Black and Tan $1 Hose, double heel 1S Blue Chambray Work Shirts, full cut and fast colors, 75c (Successors to J. L. LEAR NER) LAUNDRY WORKERS April Fool Dance APRIL FIRST Oil Center Hall PETERSON’S JAZZ ORCHESTRA Tickets $1.00 Ladies Free Refreshments A big lot.of Dress Shirts, worth up to $2.00 95c A heavy Black Buck Work Shoe; solid leather - $2. A nice White Star Clothing Co. 260 SOUTH CENTER STREET April 1—Bar Silver, ®c Each path ante Rasa | AIR POLICY DISCUSSED | WASHINGTON, April 1—Defin- lition of the new administration's avia- tion policy was up for discussion at a meeting at the War Department attended by Secretaries Weeks, |Hays, Hoover and Acting Secretary { the Navy Roosevelt. padi toe ati Oil Expe-ts Oil Field Maps Blue Prints Explorations Reports | Wyoming Map & Blue | Print Co. {J P.O. Box 325 Rm. 10, Lyric i Geologists It has 15 Handkerchief Building ber and builders’ bers a specialty. We are equipped with the stock to sapply your wants in high grade lum- KEITH LUMBER CO. Phone 3 Materials supplies. Rig tim-