Casper Daily Tribune Newspaper, May 12, 1921, Page 7

shen WEDNESDAY, MAY. 11, 1921 MARKET GOSSIP AND FIELD NEWS GAS STRUCK IN TOWN WATER WELL Gas. was strack at 42 feet drillers:were unable to cap "and ‘hasbeen ‘well is being drilled on Buf- ‘creek about two miles from Clear; that the structure is { the gas strike! formation | 4 1 hits tt lucky is he the people who assisted for a division of the profits? is the interesting nature of a civil action being tested in the courts | Shwstgs By! brothers, wo live in Detroit, are the | Plajotifts. - he Hansens claim that they placed money .at the disposal of Foster to up lands in the Osage field. They that Foster agreed to split all Profits with them. They charge that the'land which was taken up in their betialf was later leased to the Mid- west Refining company and that the cg ry the lands is in-excess of $100.- tho ana that ‘they have never derived @icent's profit from the undertaking ‘while Foster is said to have received large, cash “bonuses. == charges that the money men placed at his disposal was pe ma without result in Osage and that’ the money for the leases which Were turned over to the Midwest com- wasy came from another source. (, Oolter- Test Progressing. work on the: Curtis oil well at Col. mes Worland, has: encountered et Sore ‘and. other favorable in- dn the pe op of the neared. the san Fok ae and sit; the sands ‘in place the. well will be com- at in the next 300 feet, according to Be gieeoante made in the. Worland Midwest to Drill Test. The Midwest Refining company, according to the statements of John Moore of Gillette, will be the first of the big Salt Creek operaters to epter the ee of Campbell county to test La many prospect structures n tare been discovered. The ey sear Plans its first de- it ut six miles southwest ‘Keeline and plans to erect a stand- jt operations about July 1. Lysite Test Financed. j “R. C. Heslep will have charge of the drilling operations in the test’ | ho is familiar with prospects from ments of Nate P. Wilson, prominent resident who was in Casper week. A Wyoming syndicate has been formed and ‘financed for $15,000 te start epeenone shes about June 1, _ | Wildcat Work: Work: Held Up. a “The. Disie.Carroll. well .No. 1, the original test of the Strawberry dome morth of Newcastle, is temporarily down awaiting ma- , The machinery is due this from Leavenworth, Kan. As as the parts ere installed the well be resumed near the 1,000-foot, ‘The rig is equipped to go nearly feet if necessary. Gas Leases Important. } The New York Oil company benefits from the approval by the department ef the interior of leases on 800 acres Of the Moffatt family at Poison Spider, just been announced. It is from that gas is at present being r the gas supply of Casper. n to this acreage, New York four claims qrhich have .been sted for patent and comprise all of which is ag Ss Tak inzSouth Casper Creek sectior Poison Spider field.. ‘The resent of lease on 560 acres at the governm sale at Douglas adds an- Sic these holdings, this be- dig in the heart of South Casper Creek and on the crest of the dome. Appli- for perferential permits on two tracts adjoining the above total 2,000 acres are also pending. . WARREN WELLAND HAPPY Salt- Lake City Woman Has ben Restored by Tanlac aoe See, s ever yr veners 3 See hth ou a ‘feel 20° well and happy T’-want}} to tell everybody about the wonderful Dated tate ne ees Saaee be 3 .said “Mrs. M..J, LS" Post street, Gity, Utah. “My health broke down seven years, amo and in spite of everything I did Iskept growing worse. I was eating enough to keep alive and what T-ate gave me great distress +I :slept very, poorly and in; morning felt so miserable it Maat Tcowd'an to drag myectt ont ‘ormis was the condition I was in I started taking Tanlac, and while ‘been highly recommened to me Ijdid not.dream it could completely % overcome my troubles in so short a time as it has dore. ferent, I am like a nt_Derson today. My appetite is, just splendid. my digestion is per- eet: I-sleept- well all night without waking once and get up in the morn- ing feeling refreshed and cheerful. ;“During my years of suffering I lost considerable weight, but I have Heat 15 pounds and my friends tell me I am looking the very picture of health. Tanlac. was certainly a grand in the town of Clearm of Buffalo, this week, and sock : ae acicomuntired that the e hole, in.» wellithat is being drilled for water by the towh. ‘the-gas a match was lit and-a Tie t ‘béen burning ever'since. BIG OIL SUPPLY 4.50) ieee 5.00 9.00 ‘Chappelle a 1.12 Casper 240.00 76.25 jNation May Become One of Mee World's Chief Sources of : ‘os Euel Supply its $3.75 Sr merece 120.50 BUENOS AIRES, May 11.—Experts in oil production say that, as a. re- +83.98% sult of the rich discoveries of ‘ oil 0833 in the Comodoro Rivadavia field; "Ar-| Lusk Royalty +. gentina, may become one of the| Lusk Pétroleum® World's great sources of fuel. The} Mike Henry ...... well No. 128, which came in on Feb-| Mountain & Guif . Tuary 28, with an” initial production | Northwest .... $ 88.52 of about 1,200 barrels an hour, is con-| Outwest . tinuing to flow at approximately. the | Picardy . ; same amount; Riverton Refs = The Comodoro Riyadavia oil pro-| Royalty & Producers : ducing area is. located in the territory | Sunset 04 Balt Lake}] de Casper Daily Cribune Royalty ...3 The gas was encoun- rom m0 flame shot; 46 feet in of Chubuet, inthe. region called Pata-|*rom Bell Royalty 03 gonia, and is” more than 600 miles southwest of Buenos Aires. It-was ideals planes po discovered in 1907 when a deep*test was being made in an effc-t to®lo- cate a water supply. The. government, WronsNG CRUDE OM. MARKEE: Grass Creek $1.50, Rock Creck exercising its ownership of » mineral Torchiicht .... 1.80] Salt Creek --. rights,-set- aside -12,500° acreg ‘of’ Jand | Elk Basin ----— == 260 Muddy) --2---2ntnserepeeae 11S in. the district and tbe: work |Greybull --._.. —=----~"1.80} Pilot. Butte -—---—--—~ <== 1-15 none nn---—e~_ 1,45} Hamilton PURE bls TY -35| Mule Creek .-.------------------ 95 MOWEST GETS Seeeeeees RICH OIL LEASE Lance Creek -. Lander --. of exploiting the field. 12,500 acres: was reserved. Since; that time 128° wells, nave been sunk..and production has-rgradually increased up to-th> present. In 1920 the total production was more than 1,000,000 ‘barrels. The oil is heavy with Small Kerosene and gasoline con- tent and is used principally as fuel ofl, being sold to-a number of ind tries ingthe country, Drilling dopth are between 1,500 and 1,800 feet. mungiper j order of the number of p-oducing wells, section 26 stands fifth: the fa- <nyos, seétion 36 has 45 wells,» 13° has ‘30 wells, section 25 is third with 24 producers,'23 has 21 wells and 26 has 18 first sand wells and one to the deep sand. Ua It is the Lee Stock opposition which has just. been ann pas finally GHAIN VALUES ARE STRONGER pe ones in Business Condi- tions Seen With Reparations Settlement CHICAGO, May 11—Bulls in the wheat market today made much of statements by Secretary Wallace of the United States Department of Agri- 2 | culture; favoring higher prices and saying business conditions would be 7 | improved with the*settlement of the German reparations matter. Adverse field reports trom the southwest con- tinued also to strengthen values, though reports of rain in western Kansas led to a transient setback. Opening quotations which varied from unchanged figures to %e higher with May $1.38% to $1.39, and July $1.13 | to $1.13% were followed by a moderate 09| general cag and then yy decided up- turns all around. Active general buying brought about further upturns Inter with country | offerings small and gossip current that the movement from first hartds | woul decrease in the new future. The |close was strong, 31%c to S%o net | higher, Mar ~+ *4 to $1.44%, and July $1.16% to $1.16\%. Corn swayed with wheat opening un changed to 4@%e higher with July |62%c. After a slight decline the. mar- ket scored material gains. Tt was said the bulk of the corn in elevators here has been sold for shipment. The close was unsettled at %c to Yc net advance with July 63%c to 63%c. Oats were firmer, influenced by the action of other grain. The start at tye decline to a like advance, July 38%c to 38%\c, was soon succeeded by a fair advance. Provisions responded to the same causes which had given a lift to cereals. Closing Quotations. CHICAGO, May 11.—Close: Wheat—May $1.44; July, $1.16%. 4c; September, 65%c. September, 41%c. iy, $17.40. Lard—July $10; September, $10.32. Ribs — July, $10.02; September, $10.82. Provisions. Outside of the government's re. served area there is some production by privat companies. Several Ar- gentine railroads that plan to burn oil instead of wood or coal recently made a contract with one of, these companies and have undertaken an extensive campaign of explorations. ‘The completion of the big well has served to call attention once more to the other districts of Argentina that are. ranked as favorable for oil. pro- duction. “An Americar. , oft engineer having been' thrown out by ‘the depart- ment of the interior Besides the Midwest ‘Refinin: he: New ‘York Oil company also benéfits from this de- cision, having substantial Holdings, In 480. acres of this séction, in ‘addition to the Midwest sutereats. _} 2 Lee Stock Protest Thrown: Out by Department; New York 4 Oil Is Interested Telegraphic advices from Washing- ton state that the last neers aed claim on section 26-40-79 in Salt-Creek has’ been disposed of in favor ‘of tho Midwest Refining company’s | title, Section 26 is probably the best 640 acres in the Salt Creek field, lying in thesheart of the producing area and being at the top of the dome, At present there are four other sections with. a greater number of producing wells, but with the lease questions clegred up, section 26 is in a position to become the greatést producing sec: Elizabeth eve ionan jaan of the Sir Henry Irving; and it a fa of the English stage, wears a mysterious charm” which her’ dis- tinguished grandfather ‘always. wore | ‘on the first night of a new, The charm has a wonderful; history and is said to”have been worn by Mrs. Siddons and Peg Woffington. ———— the northern border of the country to ‘Tierra del Fuego, told the corre- spondent that he looked for Argen- tina to develop into one of the pro- ducing’ centers of the world. He re- gards as especially favorable some sections of Jujuy, Méndo#a, ‘Neuquen and Santa Cru: North Carolina's first woman “law- yer was licensed to practice at Raleigh in CHICAGO, May 11.—Lower; cream- ery extras, 3ic; firsts, 25@29c; sec- onds, 18@23c; standards, 2$%c. Eggs—Lower; receipts, 29,572 cases: firsts, 22@22%c; ordinary firsts, 18% @19%c; at mark; cases included, 20@ 2ic; standards, 22\c. Poultry—Alive, .lower;. fowls, 2914; broilers, 55@65c. . Potatoes. » CHICAGO, May 11.—Potatoes—Re- celpts, 31 cars; old, firm; northern white sacked and bulk, 90c@$1 cwt:; Louisiana sacked, $3.25; Texas © Tri- umphs sacked, $4.75@4.90; No. 1, $9@9.25 barrel. a Silver. NEW YORK, May 11.—Bar sifver, domestic, 99%c; foreign, 60%c- Mexican doll 6% Starling Wednesday, May 11 OFF ON ANY > Have Just Riceived a Shipment serges, Belgian. : that and ‘all Kinds of French back worsteds. rartat $29.90 START AT MILT shicts totigda eb@ane in and look'at_ my Buy where you x yee a chance to see your eit in the bolt before CASPER'S FE ING TAILOR SPECIAL 2 PATTERN IN THE STORE 1,000 YARDS OF IMPORTED WOOLENS Comte in early and get your choice of the finest-Scotch Tweeds, Mabbits, Plaids, Checks and Bannockburns, English Sheppard plaids, pencil stripes, blue and gray L. Malues woolens. —I-have no- small. ‘samples. Ceding, Pressing and Altering Done By Workmen Who Know Their Business - WV HAL. 10 DAY SUIT of - $40 to $50 it is made. “ Phone 483-J Florida PAGE SEVEI beef steers, opened steady to strong. [tivestock mart | SHORTS COVER See IN STOCK MAR of Markets.}—Cattle—Receipts, 9.000; 756.50; News of Gatinaay’s Acceptance at ns «gh rn accesses : ockers | of Ultimatum Starts Bears — Receipts, 18,000; lights, on Run steady to 10c lower: others wate | $8.90; bulk, 19400845, piss, Ise Pi cmnewttted on: the exchange again to- higher; bulk desirable, 73.25@ “AY: | industrials, particularly steels, more Shoep—Receipts, 15,000; fed iambs| (han neutralizing the effect of Ger-| and 10c to 5c higher;|™any’s acceptance of the allied terms. a wooled lambs top, $12; bulk, $13@12; shorn top, $10.90; bulk. | The closing was irregular. NEW YORK, May 11.—Acceptance Germany of the ultimatum of the allies prompted moderate covering of Denver Livestock. |short contracts at the opening of to- DENVER, May 11,—Cattle’ — 'Re-|day's stock market. Coppers, which teady, closing|Were among the new features es; and/strength during yesterday's session, heifers, $6@7.15; calves, $8,50@12.50;/extended their gains by fractions to stockers and feeders, $5.50@7; bulls,|a point and oils also hardened. With- . choice 85-pound shorn year: Ungs, $9.25. be 4@5. [in the Srst half. hour, however, the Sheep—Receipts, 3,600; market 25c | public were conspicuously weak, los- ——_——_—_ avy tendency. Foreign exchange, | ARRANGEMENTS MADE seins esate |German competition, ranged from 2 city council Monday night for the | baker, Chandler, Pierce Arrow, Bosch adopt the city manager form of gov-| and equipments, including Harvester of the preliminaries will be completed | points to yesterday's severe reversal Hogs—Receipts, 600; market 10¢ and|market reversed its course on heavy higher; lambs, $10: ewes, $6@6.25; ing 2 and 3% points, respectively. Su- | hea |as indicated by preliminary quotations, FOR FLECTION JUNE 9 | ‘The break in steels, which was ac- |} to 5 points in Bethlehem, Crucible, special election which will be held eto, United States Rubber and ernment or not. Special procedure | and Baldwin Locomotive lost 1 to 2 during the present week. and ——s forfeited 2 to 4 points, extensive offerings of various| of) | various spicialties also falling 1 to: ” points. Rails, especially coalers, weri heavy, Reading Baltimore & Ohio, an | Delaware, Lackawanna & Wester! | dropping 1 to 4 points. Call mone) opened at 6 per cent with a moderatt demand. Money and Exchange. Toa imigl YORK, May 11.—Prime- mer. le paper, 6% @7 per.cent. | pyre ee gett dee: sterling, de- | Mand, $3.98%; cables, $3.99%. | Francs—Demand, 8.31; cables, ;} Belgian Frances — Demand, 8.21; cables, 8.33. Guilders— Demand 435.60; cables, | 35.r0. Lire—Demand, 5.26; cables, 5.28. | Marks—Demand, 1.61; cables, 1:62. | Sweden—Demand, 23.60 Montreal—t10 5-16 per cent \t2 | Time Loans—Steady; 60 days, 90 | days, six months, 6% per cent. Call Money—Firm; high, 7: low, 6%; fered at 7; last loan, 7. | Metals. NEW YORK, May 11.—Copper— | Firm: electretytic, spot and near by Ie; futures, 13@13%c Tin—Strong, spot and near by, $33 @33.25; futures, $33.00. Iron—Nominally unchanged. Lead—Firm; spot, $5.00. Zinc—Steady; East St. livery spot, $4.90@ 4.95. Antimony—Spot, $6.25. —— Leus de Read The Tribune Classifiea Ado Geologists Oil Expe-ts Oil Field Maps Blue Prints Reports Explorations Wyoming gus, Blue Print P. O. Box 325 Rm. 10, Lyric 15c lower; top, $8.15; bulk, $7.c0@8. [selling of the siecls. Crucible and Re- spring lamba, $8.15@11.15. }gars and tobaccos also developed a) j}made no marked response to Ger- | companied by reports of prospective Machinery was set in motion by the| Lackawanna and Republic. Stude- MN June 7, to decide whether Casper will |-Kelly Springfield fell 1 to 3% points, to govern the election and take care|points. Samatra Tobacco added 6 PUsiik 10c Dance DANCE _ INSTRUCTION GARDEN ORCHESTRA A Real Up-to-the-Minute Dz,.ce Organization | | Ladies Free N WINTER | T YOU LIKE IT BETTER EVERY TIME YOU HEAR IT! *CAUSE IT IS BETTER THAN EVER! pias: ELECTRIC FANS ‘Are Installed Now You can. Keep Coot and Enjoy the Dance! I Soa8 MORE DAYS In which to get an Eden Washer and an American Beauty Electric Iron absolutely free. clothes. {75 Phone 69 Do not let this opportunity pass by. - Phone us NOW for a free demonstra- tion in your own home on your own NATRONA POWER CoO. zou gRespg tae ruling rate, 6%; closing bid, 6%; of- ' YTV EV WevEvewererroooooooooocoooooooooeed i nen, i 3 a a 2