Casper Daily Tribune Newspaper, April 30, 1921, Page 9

FRIDAY, APRIL 29, 1921 WMRKET GOSSIP AND. FIELD NEWS INDEPENDENT PIPELINE FINANCED Announcements recently made that an inde) dent pipe- line would be run between Casper and the Salt Creek field to handle oil which West refining company, made in Cheyenne by of the company, _® bank at Cheyenne. “Mr. Ball was formerly chief geol- Logist for the United States geological , Survey and until recently was manager of the activities of the Royal Dutch Shell company.in this state. ) ., TheScompany: will ‘be n transporta- flo’ company ‘solely. The concern net, buy or store off but will | merely convey the oil< between the field and the Midwest tanks at Cas- , Per; In this way the company will | be on a competitive basis and will as- | sist. materially in handling the yiela ) of the field by putting it in storage tanks at Casper. >| The line wilt be 42 miles long and ; Will be constructed of 8-inch pipe, which will give it a daily capacity of + 15,000 barrels. This will add by’ one- | fourth to the present pipeline capac- ity from the field. Mr. Ball has an- nounced that he will have a party of surveyors in the field within a wee and barring accident~the pipeli would be carrying oll before the end | of the summer. ‘were ‘ —— i Douglas Test to Resume. | The Big Indian Oil & Gas company | ,, will renew operations on its test of . the Hamilton lease located about four miles west of Douglas, according to is not alread: contracted by the Mid- furthered by announcementts Max W. Ball that the entire ital $1,000,000 in cash had been deposited in a producing sands are expected. ‘The Well is down 2,000 feet with 10-inch casing, and another- 200 feet should show definite resufts. Tt is stated that the log closely with estimates made by C. T. Lupton on this field. ’ : The results of this test are being watched with interest by the Diamond People and others, as itis felt in many quarters that Clear Creek may easily Prove a better field than Cat Creek. The sands are said to be thicker, and all conditions are favorable to the opening up of a new producting area of considerable promise. New Incorporations. CHEYENNE, April 29.—Articles of incorporation have been filed in the office of the Wyoming secretary of state by the following simpanies: Seattle Oil & Gas company of Kem- merer, capital stock $50,000, par value of stock 5 cents pex share. Cleveland-Wyoming Oil company of Delaware, capital stock $2,000,000, par value of stock $1 per share, Wyoming headquarters at Casper. } Cc. of Casper, capital stock $25,000, par value of st $100 per share, garage’ and | Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bldg. Phones 203-204 06 Che Casper Daily Cribune Wyo-Kans -.o.........2.90 3.00 SAR ee DOE ee 04 Western Of! Fields 2.2... 27 129 YON tans ss 26 28] }, NEW YORK CU6 CLOSING |Miawest Refs ........$148.50 6 | Midwest Com 2.00 Midwest Pref... ... 2.00 3.00 Merritt... 2.22. 12.00' 12.50 Glenrock Oi amet. A088 1.8 Salt Croek .... --.--. 13.50 14.00 Western, States. AT 50 Prod. & Refrs. —— 4.50 4.62 7.28 8.00 9.50 9.62 | Okmulgee .-.. 0 | Allen .. . 12 Cities Servi 244,00 00 | S. O. of Indiana + 14.75 5-90 | Gities Service Com. .. 248.00 249.00 | NEW YORK STOCKS. | Mexican Petroloum ..$149.75 $146.50 Sinclair Oil ..--..... 269.75 | 2 Texas Oil ....0...... 40.87. 4 Pan American Pets.. 72.00 67.8744 U. §) Bteel Fy........ 88.50 83.00] Union Pacific R.R...; 117-50 117.25 | FOREIGN EXAURANGE Sterling - Francs .. Marks . Lire | contracts, a » advices received here yesterday from the Converse cornty capital. The Douglas report is said to be founded on statements of the company who have just completed an inspection of . the. property. Montana Test Closely Watched. « _ The Diamond Drilling Trust, which tranSportation business. stock $1 per share. LaRrele Dougias, of stock $100 per share. ‘Wyoco Coal company of Casper, capital stock $200,002, par value of Telephone company | of capital siock $5,000, par value Badger Basin\to Be Tested. Western Exploration 2140 Wind River Refg. ... .04 Victory 4%s WYOMING CRUDE OIL MARKES has royalty interests in about 16,000 gcres on the Clear Creck structure; Blaine county, Montana, reports in- teresting developments from this fleld. ' A deep test well is being drilled:by the Active preparations for immediate @rilling in the Badger Basin in Park county are under way, according to prise. Eight automobiles carrying Ohio company at Clear Creak and is now clearing the depth at which the surveyors and workmen arrived in the fleld Inst week. A rig will be on NEW SALT CREEK GUSHER PROVES TOBE SENSATION OF BIG FIELD The sensational well brought in by the Salt Creek Con- selidated on section 31-40-78 is attracting unusual attention. Oil men from all over’the Sait Creek field are visiting the locaction, and many have come to the field from outside points. The circumstances attending the coming in of this well are out of the ordinary, as it was drilled as an offset, and large production “was not ex- pected. The wells on the other side f the line averaged about 100 ‘bar- j Fels, and the same production was ‘counted on for-the protecting well. ‘The logs of near by holes showed uni- formity, and the pay sand was con- fidently expyeted at*about 1,700 feet. On W@Snesday evening 1,400 feet had been reached, and the men were at dinner in the cook. house when a urry call came from, the field say ng that was =2 the well had broken away and flowing full through the 19-inch casing, and 50 feet over the top. . Deserting the table, the men pulled + up to the location, and tried to di- rect the flow of oil by throwing up temporary dikes. Full control has not f yet been obtained, yesterday having been spent in making preparations to} direct the production into the pipe- line.” It has not been possible to make yy accurate estimate of the flow, but 2,000 barrels .has been mentioned as difficult to arrive at an estimate. From the volume of the flow, it is probable that this well has drilled into a crevice than that the produc- tion comes from a stray sand. Geologists Oil Expe-ts Oil Field Maps Blue Prints Explorations Reports ‘Wyoming Map & Blue Print Co, P. O. Box 325 Rm. 10, Lyric | Phone 545-W_ Early 7Y oz. glass Solitaire Shredded Wheat, per Old Dutch Cleanser, 2 JACK CARR'S GROCERY ~ Corner Fifth and Beech Sts. Service and Quality Guaranteed 1-Ib. glass jars Paul’s Jamis___- 1 Ib. 5 oz. canned, Paul’ 15-oz. glass jars Lippincott’s Jelly_____45c No. 2 Hunt’s Strawberries, per can_-__50c No. 2 Flag Pitted Cherries, per can____50e No. 2 Stewart’s Blueberries, per can____40c No. 214 White Cherries, per can-----__50e Special Sliced Peaches, per can___.____30e Kellogg’s Corn Flakes, pkg.__________ 18¢ Puffed Wheat, per pkg-------_---___18¢ Post Toasties, per pkg---_------_--___18¢ Large Size Wash Powder_.-------___33¢ © Think Over These Prices Then Phone 545-W Phone 545-W _.-.-50e s-Fruits____-__-_50e 16-30-68. 36-15-77. 16-34-77. 17-77. 49-94, of 7%-30-111. of 36-36-66. Oliver of 36-17-103. 1; W%SEX%, 36-44-98. Phone 676-J ithe ground next week, and a Billings 'compariy will give the field a thorough reports from the Park County Enter-|test. New State Leases. Red Lake Oil and Land company, Lodge Polé, Neb., all of 16-25-79. Herman. Karsch, Cheyenne, all of William G. Titcomb, Laramie, all of Raymond Sargeant, Denver, all of |G. ¥, BE. Anderson, Laramie, all of 16- Austin. B. Martin, Basin, all of 36- B.-Ray Greeley, Salt Lake City, all %& 6. Newion, Kemmerer, NWSW of 24-26-113. Alekander McCabe, Van Tassell, all NY: bers, Rock Springs, all Lee Simonson, Thermopolls, N%; E%SW% of 36-44-98; NW%SW% lot P. P. Anderson, Basin, all of 16- Specials for | Saturday No. 2 cans solid pack Tomatoes, can___10c No. 2 cans Pineapple, per can__-__-____ 30c No. 1 cans Pineapple, grated, per can___15c No, 214 cans Dill Pickles, per can____25¢ Armour’s Pancake Flour, per pkg._ 5-Ib. pail of Jams, assorted__________$1.25 Strictly Fresh Eggs, per’doz._________30¢ Brookfield Butter, per Ib--+__-_______ 50c Lincoln Street Grocery W. H. O’KEEFE < GROCERIES, MEATS AND VEGETABLES Unemployed Mex Workers to Be Taken to Border PUEBLO, Colo., April 29.—Senor F- Trevino, Mexican consul from Denver, is in Pueblo arranging for the transportation of all unemployed citizens of Mexico in this vicinity to the border at El Paso, Senor Tre vino estimates that there are 2,000 unemployed citizens of. his govern- ment in Pueblo and immediate vicin- ity. The first repatriation party will start southward about May 6, he sala. SEES CARD OF THANKS. P. H. and Lee Pantz take this means of thanking the many friends and or- ganizations to whom they are in- debtedefor kindness and floral offer- ings at their recent bereavement, the feath..ok.thels. father, Wiliam Pepe GRAINS tended further to were alvo the sub what, July deliv: higher with and Juty $1.06% Corn ascended vance. close was steady. decline with July other cereals, higher, July maining firm. Closing CHICAGO, Api Grass Creek -.___.. —-~$1.75 | Rock Creek --———----~------—--$1.50| + "Torchlight -—_-.—— 1.26 | Salt Creek —— 1.40 Elk Basin 1.75| Big “Muddy - 1 Greybull 1.75] Pilot Butte *__ Lance Creek - 1.70] Hamilton Dome Lander 65] Mule Creek TSE) |. CHICAGO, ket lowe | 121%6c. -1l5e 650 South Lincoln Street Jelly._.____-__-2_25e ‘pkg____________18¢ cans for____.___25¢ Not Too Late Yet = Casper, Wyo;, April 29; 1921. ‘To the Readers of The Casper Daily Tribune: During this week the citizens of Casper have had opportunity to make their’ contributions to the budget to continue the work of the Boy Scout organization in this community. About 100 of the foremost representatives of the civic, social, religious and professional interests of the city laid aside their own work ‘Wednesday to give their time and their energy to personal solicitation for the Scout budget. Diligently as they worked, it was impossible that th Id Gasper who would feel it’a privilege to make a con- tribution to the fund. Through the columns of The Tribune the Casper Council wishes to extend the opportunity for those who yet wish to turn in their contributions. Contributions may be sent by mail to T. E. Algeo. treasurer, whose office is in the Oil Exchange building. -should see every person in R. T. KEMP, President. ; | ! tial quotations which ranged tac to 3c higher with May, $1.29 to $1.30 and July $1.05%% to $1.06 were followed by material gains all around. Sutsequently rural creased and the market reacted some- ‘y in particular. The close was unsettled 1l%c to 3%ec net May $1.30% Later the market , |absence of any specia’ | UP AT of Markets.}—Cattle—Receipts, 5,000; | beef steers, active; strong to 15¢ high Meager Stocks Influence Demand and Export Buyers Boost Prices CHICAGO, April 29.—Frash strength! showed itself in the wheat market] | today with attention largely directed to the scantiness of the stock on hand here available for delivery on May Heavy buying on the part of a house with eastern connections lift prj Some un favorable afyices from’ crop. exports bject of notice. Int- to $1.07%. with w sagged in demand. at 60c to 60%. Oats were governed by tho rise in Yee to %e 38c, and re starting ce to Higher quotations on hogs helped |to carry provisioi ms upgrade. Quotations. * ‘lose: teady; nk, 90¢ ‘lorid: to $1.0: No. 1, § rrel; Texa {We know that your underreaming can be done for less ‘money with a Swan Underreamer than any other. rent one from any one of Gur stores, Vries Disesbuted | iii can bile | HII ‘Tulsa, Oka] 1 M bers a Simplicity of Construction Durabili Pe Prttittntit Manufactured II1| Sg The | Bridgeport vital acc deel i Hane sons 1/1) ILA) } Ranger, Texas <rom offerings — in- to $1.30%4 t. After opening ge off to 1% increase, in- cluding July at 60%c to 61c, the mar- ket scored a moderate general ad- the | er; The ac to %o net —Potatoes—Re. Northern CHICAGO, April 29—(U. S. Bureau | || Livestock Mart jer; top, $8.75 -paid for /1,487-pound | tess and good yearlings; bulk beof | steers, $7.50@8.40; butcher: she stock |[Dulls,. steckers and feeders, stea |bulk fat cows and heifers, $5.50@ jbulls largely, $5.25@6.25; calves 2 |higher,: bulk vealers, $8. |Se0d) and choice ‘heavy caly @8.00. | Hogs— Receipts, 21,000; opening |strong to 1c higher; later, steady 10 |10c higher; lights and light butchers, \active; others, slow; top, $8.75 early; very few over $8.65; bulk, $8.10@8.60; pigs, Ie to 26¢ higher; bulk desir- able 100 to 120-pound pigs, $7.60@8 Sheep — Receipts, 8,000; _ lambs, steady to 25c higher; wooled lambs to} $11; best not sold early; bulk, $10. @ll; shorn top, $10.40 to shipp $10:25" to packers; bulk, $9.50@1 good 110-pound shorn yearling, $7 sheep nominally steady. Denver Livestock. DENVER, Colo., April 29,—Cattle— Receipts, 300; market strong to high- er; beef steers. $6@7.70; cows and heifers, $5@6.75; bulls, $3.50@4.10. Hogs—Roeceipts, 600; market steady; top, $8; bulk, $7.65@7.85. Sheep—Receipts, 4,800; market high lambs, $9.50@10.40; ewes, $5.50@ 6.50; spring lambs, $10.75@11.50. uch gt Lomion Exchange to Close. LONDON, April 29.—The stock ex- change here will be closed May 2. aah aa eos Japs Willing to Withdraw From Siberia, Report TOKIO, clated Py ss)—The Japanese govern- ment, according to the Nichi Nichi -| Shimbun, has decided in upon the evacuation of Siberia but ;| dissension exists, it says, between the war office and the foreign office as to the proper time for withdrawal, The foreign office advocates retiro- ment by the Japanese as soon as pos- sible because of the tendency of America and other powers to inaugu- rate commercial intercourse with the Siberian government at Chita. 5 | The foreign office today published 8 | without comment the official decisions s | of the peace conferences at Paris and of the league of nations at Geneva concerning the mandate for the Pa- cific islands, including the Island of ty of Parts 2 ection of Operation STOCK PRICES Upward Trend in Evidence in| April 29.—(By The Asso- principle} PAGE NINE |cont statements of earnings Baye been of a more encouraging | ter. Eearly exchange rates on London joonee slightly from yesterday's hig! est quotatio: Money and Exchange. GAIN i MART NEW YORK, April’ 29.—Prime mer- |cantile paper, 7@ per cent. Exchange--Irregular; sterling, mand $3.95; cables, 5%. Francs—Demand, 7 cables, 7.76. elgian fran-s—Demand, 7.74; cables de- New York Trading Despite Call Money Rates Iders—Demand, 34.96; cables, NEW YORK, April 29—Ignoring| bles, 4.83. the opening and renewal r: coat aaa Per cent for call money, toda: ock market made further upward progress |* during the lively forenoon. In. ex tent of gains, oils continued to lead, advancing 1 to 3 points. . Equipments were .next in favor, Baldwin L 10, Montreal, 1015-16 per cent discount. Time loans, firm; 60 days, 90 days, six months, “ocomo- tive leading, that division at a gain| Cll mouey, firm; high, 7; low, 7; of almost 5 points. Steels extended |TUling rate, 7; closing bid, 6; offered thelr aise with Crucible as the fore-|%t 7% last loan, 7. mos: feature and motor subsidiaries | of the ‘rubber group gained 1 to Metals. points. International Paper, Famous} _NEW YORK, April 29.—Copper— Players, American Can and Adams|*tady; electrolytic pot and near by, Express were among the miscellane.|12%¢: May and June, 130. ous issues at 1 to 3 point advan minally unchanged. Gains among rails were limited to 1| spot and near by, $82; point in St. Paul common and pre. futures, $11.62@32. ferred, Great Northern, Northern Pa.| Lead—Firm; spot, 4.50. citic and Reading. Zinc—Steady; East St. The stock market developed a firm| 4-9°@5. to strong undertone at the outset) Antimons of today's dealings despite prospe of tighter money as indicated by terday’s Louis spot, Speier eee Subscribe tor The Tribune _ CEARLES J. STONE Petroleum Geologist Reports and Surveys | WINNETT, MONT. red in the initial movement at ad-| vances which extended from libera fractions to 1% points. the only issues to lag aiihough r SATURDAY SPECIALS Just to keep the people of Casper in touch with prices that are right for Men’s Merchandise, we want to quote you a couple of regularly priced articles and a couple of specials for tomorrow. We are selling you new merchandise at the new low price levels. Our buyer has returned home from an ex- tensive buying trip. The goods are arriving daily and are always priced right. Special Heavy Khaki Work Pants, the kind that are regularly priced at $2.75. For Saturday $1.45 Special Corduroy Pants, the kind that are regularly! priced at $5.00 and $6.00. For Saturday $2.95 Every Day Prices Union Made Blue Buckle Overalls, fast colors and full cut Khaki Work Shirts, full cut and double stitched BAGS SUIT- CASES WATCH OUR chin |Machin ‘| Best Bowl of Chili in Town 20c At the Chili King Lunch A kinds of Sandwiches at popular prices. Quick Service, Highest Quality. Grand Central Block ed specialty. Building Materials We are equipped with the stock to sapply your wants in high grade lum- ber and builders’ supplies. Rig tim- KEITH LUMBER CO. Phone 3 LEARNER 260 So. Center St, Casper, Wyo. WINDOW DISPLAY Prospective Home Builder Read This! You furnish $2,000 cash and we will build you a five- room modern house with full basement, balance to be paid like rent, Call and See Us Reid Construction Co. Room 234 Midwest Building Office Phone 935-5 Res. Phone 554 e ee eoces PLANTS | SHRUBS TREES Our Plants are fine; so are our home-grown Trees. We grow most of our stock here. You can leave your order: stuff at the Palms Floral Co, or Casper Floral ¢ ders to phone 600. for or get our Telephone or- WM. MOSTELLER Telephone 557-M Evenings and Give Your Address Box 1105, CASPER megceeeer "rex and a SE Eee roan aie