Casper Daily Tribune Newspaper, May 25, 1921, Page 7

So. = IARKET GOsoIP AND FIELO NEWS GAS DEVELOPMENT OPENED AGAIN Since the complete settlement of the Iaase question in the Poison wpe: and South Casper Creek fields, resulting in con- aot by the Fargo Oil company and of about 5,000 acres, the pimps ae is making preparations to actively develop these Five | gas wells which were capped about the time of the Boston. signing of the leases recently, have ow been turned into the line and are Row delivering approximately 10,00 900 cubic feet of gas daily, contrib- to the gas supply of Casper. is delivered by contract into York Oil company's lne. Fargo No. 17 gas well is satisfactorily and the well reached a depth of 600 feet. is considered to be within the proven limits. Well 16 has been this development work are men from the state of Ohio, but not-in any way connected with the Ohio Of company. which was thought would be produc- tive. The sand encountered to the top of the gas sand and| 4 depth of 1.240 fect = * @waiting the cement to set. The is 1,220 feet and the well will Dividend Passed. Grilled in some time this week. NEW YORK, May 24.—The Central The Fargo Oil company considers| Leather company today passed its ‘RseM fortunate in having obtained the quarterly dividend of 1% per cent on vervices of C. O. Rockwell as general] preferred stock. The company had tuperintendent for the state of \Wyo-| maintained dividends on the basis of ming. Mr. Rockwell is known in gas|7 per cent annually since 1906, a year tircles and recently resigned from the| after its organization. Hope Engineering company to accept —— this position. Producers & Refiners Meeting. The Producets & Refiners compan; iy will hold the annual meeting of the y at Cheyenne June 2, accord- to announcements which have been received here. At this mecting plans will also be submitted by the; Figures cumpiled by the- United Sirectors for refinancing the company|States Geological survey show tor purposes of expansion and devel-|that Wyoming crude oil. has a higher ‘pment including the issuance of the} gasoline content than that from any 35,000,000 par value $ per cent 10-|other field in the country. In the year sinking fund convertible gold] tabulation prepared on this subject, | Toreblight --——--—-__-__________. 1.50 Salt Creek -_____ per. cent. Gulf Coast crude only con- one barrel of Wyoming crude is worth. Of] Field Worker Injared. more than a barrel from other fields, Hollis Highby, well known Riyer-| from the standpoint of refining profits. n resident, was so badly injured|Just how this comparison figures out Wwhile working around an oil well in| {s shown in the following table Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY WYOMING CRUDE. HIGHEST jes bonds 100,000] tains 1.5 per cent of gasoline. of the new stock will be set} Gasoline being the constituent for the passin; was which crude off is run, it follows that until 1:30 Sisk nyticn ocean ae IS SENTENCED he Casper Daily Cribune IN WHEAT MART im oa |Showers and ) Cooler Weather in 38 20 Southwest Improves Crop Prospects cHIcaGo, 24.—Wheat under- went a sharp decline in price today as a result of cooler weather and of prospective showers southwest. At * “irst, however, the market showed some strength based on buying for nouses that usually act for export in- terests. Later, the market was bare { support at times. Opening prices, which varied from %c decline to 1%ec gain with May $1.68% to $1.68% and July $L.27% to $1.28 were followed by decided setbacks all around. In the last part of the day, selling orders became scarce and the market ran up rapidly with a wave of buying ry ‘Open. . | due largely to bullish Nebraska crop 2.50 | Mexican Petroleum .. $149.00 .00| reports, continued high tempqatures iM pene Oil .. 26.12 00 | -outhweet, and to lack of fain. The ‘os (| Texas On 37.87 close was fturried, 5%c to 7c net high- ‘os | Pan American Pete 68.00 er With May $1.73% to $1.73%, and 04 |U. S. Steel .... + 83.50 July, $1.34% to $1.34%. ‘22 | Union Pacific . = 119.50 2] Corn swayed with wheat. After 07 FOREIGN EXCHANGE. opening unchanged to %c lower, in- cluding July at 61%0 to 61%c, the market hardened somewhat and then underwent a general sag. Subsequently a fresh advance took place ow.ng more or less to a de- crease in the volume of country offer- ugs. The close was strong, 24c to Sc net higher with July 64% to 64%%¢c. Oats were governed by the action of other cereals, starting te to %c off, July, 40%c to 40%c and then after @ small advance fell back again. Provisions were neglected and had a tendency to share the weakness of hog values. Rock Creek Rea gee gs.10 Closing Quotations. —-----—- 1.00] CHICAGO, May 24.—Close. Wyoming heads the list with a per- 1.50) Big Muddy 1.00 ay, $1.73%; July $1.34%. These bonds will be offered pro rata| centage of gasoline extractable of 40.5 2 ——-—--------- - 150) Pilot Butte ~~~. 1.46 64%; September, 66%c. to the stockholders. The company|per cent. This district having the| Lance Creek -------------.-. 1.45] Hamilton Dome ~~... 1.15 September, 45%c. also to increase the next highest is North Texas, with 33 | “@nder waween---- -35)Mule Creek -. accurate BO —May, July, $1 ; September, $10.10. 3 September, tenced this morning but at that time er: creamery extras, No Agreement On 26c; seconds, 17@21 a 5 EER URCMA DER: receipts, Dallas oil fields that it was neces- Av. Gasoline One Barrel to move him to a snip! medical Extractable Wyoming crude| PRESCOTT, Ariz, May 24.—Mrs. Wage Reached At Mpoultry—Alve, unch unchanged. esas te Chiokin: 20 successfully , frm fo da gure. tae| 7 Patatote. oe Peaatiate F eee a amie CHICAGO, May 24.—Potatoes—Dull; pe caught in a fly wheel striking 2 5 prigon. at Florence in the superior P. onte re i @ terrific blow.on the side. of the court. here Monday. Shs was| ~ 4 Cc TENCE | cocoints, 75 cars: northern whita He suffered a compound frac- =a, convicted of assault for having thrown sacked and bulk, 80@$1.00 cwt.; new eee Te i of the lower jaw while the side 7 RA Matbethal Sith of (lds, Lacie Texas Triumphs sacked No. 1, $3.00@ the skull was crushed. her. a Jerome, Ariz, school| OMOHA, Neb., May 24.—Represen-| 2:35 ewt: No. 2. $1.90 cwt.; Louisiana Highby, in a state af coma, accom- teacher, March 81. tatives of clerks and station employes | TT'UmPhs. $2.75@2-90 cwt.; South Car. d by Dr. L. C. Hunt, passed ugh here yesterday en route. to the When the judge asked Mrs. Hop-|of the Union Pacific, the Oregon Short | UN% Cobblers, $7.00 barrel. )kins if she had anything to say be-| Line and the Oregon-Washington Rail- o institution. SS fore she was sentenced, she replied:|road and Navigation company, were CHARLES J. STONE B in Hunt “I have done no wrong. I am inno-|in Omaha Monday to confer with offi- Petroleum Geologist Ohio Work in Salt Creek. argain Munters cent.” clals of these lines on a proposal by Reports and Survers Operations of the Ohio Oil company ia After the Judge | sentenced her she| the Union Pacific to reduce wages ef- WINNETT, MONT. in the Galt Creek field at the present Crowd Big: Sale said: “Thank you.” fective July 1. No agreement was me show one completion, six wells s Grilling and four waiting for cement} 0 00. = Sy Bio set. “So great ‘a response aid~ Caspér On the northwest quarter of sec-|make to the opening of the Camp- tion 27-40-79, No. 9 well is drilling at|bellJohnson company sale Saturday 100 feet. This is a joint well of the/ the huge storeroom, formerly occu: hio and New York companies. pled by the Elgin company, was taxed On the east half of section 12-39-|to capacity throughout the day and H9, operated by the Ohio Oil company at times during the day it was neces- for Columbine, No. 6 well is cemented] sary to post special officers at the At 1,947, feet. doors to handle the crowds. Entrance E No. 7 well is drilling at 840 feet. jand exit doors were put into effect .No. 8 has reached the 1,906-foot}and when the capacity of the store and is still drilling. was attained the doors were closed. fo. 12 was completed at 740 feet, & ° ‘in a good shale well estimated Ps Si G0-barrel producer. company Yo. 13 stands cemented at 2,080 feet.|to dispose of the huge ‘stock which Re 14 {s drilling at 2,230 feet. ‘was purchased from Elgin. No; 16 well is now at 815 feet and —S Safety First. 20, hole is cemented at 1,847) A tall, thin man in a hurry strode into the village grocer’s and de- On the southwest quarter of sec-| manded: “Sell me all your stale eggs.” tion 1-39-79, Ohio-New York well No.| “I don’t generally sell stale eggs,” FLO 1s drilling at 310 feet. said the grocer» cautiously, |“but 'T| On the northwest quarter of sec-| could let you have some if——” tion 12-39-79, No. 2 is being cemented| “Oh, that’s all right,” said. the At 1,793 feet, and No. .3 is drilling at/ stranger quickly. “Let me have all $1,900 feet. ‘These wells are being| you've got.” Grilled by the Ohio Oil company for; The crocer wnat knowingly. “Ah,” New York Oil. he suggested. “I suppose you're go- é ing to see ‘Hamlet’ at the village hal! s Ohio Not to Drill Test. ing.” Drilling operations near Wheatland chisperea the stranger, Fwhich have been attributed to the stancing round furtively, “I'm Ham Ohio Oil company are understood to be in the hands of other interests. Se DBE. eae Re he confusion appears to have arisen| Big specials at Kimball’s tomorrow. due to the fact that those backing) Read ad on Page 5. As a Spanish Flu Preventive— ( Here is the 20th cen: mustard A de Hghetol cream that heals while the msterd works. Strong, yet it cannot bhister a baby. Relieves congestion that is natures warningofwin- ter a on the way. congestion with Maret asonks Mustard Your Druggist Has It. Your Druggist Recommends It MAG vais WILL NOT BLISTER Kimball Drug Stores Midwest Bldg. TWO STORES... -214-South Center Mrs. Hopkins was to have been sen-! reached. Tire Mileage at the | Lowest Cost in <a eae Plus war tas. Other sizes reduced in proportion These Prices Apply to Our Regular and Complete Line Buy your mileage by the year instead of by the tire. The tire that goes far, that runs long, that is always de- pendable is the only really cheap buy on the market. The last mile it runs determines the cost of your tire. Sold only by Dealers A New Low Price on a Known and Honest Product Hogs—Receipts, 36,000; fairly active, 10% @1Se lower than yesterday's aver- 10.75. Seattle. UHARP DECLINE |[Zévestock mart | CHICAGO, May 24.—{U. 5. Bereau/ of Markets).—Cattle—Receipts, 9,000; beef steers slow, steady to 25¢ lower; top steers, $9.00 to Wisconsin; bulk beef steer, $7.75@3.50; butcher she| stock, calves, stockers and feeders of Trading OILS STRONGER = AS MART OPENS = Motors, Steels and Leathers Ex-| > tend Losses in Resumption NEW YORK, May 24.—Additional tended +; top, $8.75; bulk | dividend suspensions encourazed an @5.00. +.| Motors, steels and tea Hoge—Receipts, 2,000; steady to 10c/ clined to extend their irr lower; top, $8.45; bulk, $7.50¢ of the previous duy. Among Sheep—Receipts, 1,100; market. 25@ | JAneous issues Remington Tv; 50c lower; lambs, $10.00@10.50; ewes,| Wa% heaviest, losing 3 puints shares. The closing was weak. dend on the two classes of preferred increase of selling pressure in the stock market today. Numerous in- NE dustrials and: specialties sustained treme losses of two to nearly 10 generally lower. = ~ native springs, $13.00813.00;. good| Points. Sales approximated 750,000 shorn lambs, $11.00; best held higher; best . $5.00. «teen a bony des NEW YORK, May 24—%biis,. tobac- Cos and specialties, featured by Gen-, Denver Livestock. eral Asphalt, Pan-America Petroleum, DENVER, May 724,—Cattle—Re-| Houston Oil, Sumatra Tobacco, Tobac mi sewrlter, Be wc $.54 $5.00@5.50; spring lambs, $10.00@| nection with the passing of the divi H. T. Emmett .is superin-| falling back steadily during the morn-| Tir MADEIN THE CUP AT THE TABLE Measure the cost by the cup—not by the size of the can You use all of G. Washington's Coffee. There is no healthful, economical. Recipe booklet free. tendent of schools in this city. ing. Motors and kindred tissues, as'and » eee nw YORK, Steady; electrolytic, 1 futures, 13% @ ‘Tin—Weak; spot and ne Antimony Francs—Der PAGE SEVEN 1 ag Crucible Steel, Baldwin Lo- tive, Central Leather preferred, 7% points and mo- picture tssues also weakened were completely neglected, even ing quoted only The money market loans opening at 6% Silver. ceipts, 1,400; market steady; beef! co Products, Virginia-Carolina Chem steers, $7.00@5.00; cows and heifers,|cai and American Agriculture Che Money and $6.00@7. calves, $9.06@10.50; stock-|cal were the sustaining features » NEW YORK, May 24.—Prime mer- and feeders, $6.00@7.00; bulls, $4.00) the opening of today’s stock market. cantile paper, 6 Igian francs—Di ilders—Demand 35.46, cables 35.56. —Demand 5.42, cables 5.44. st ee SS stock. Foreign exchange manit{ 1 —Demand 1.64, cables 1.65. further unsettiement, the British rate Demand 5.43 2 H. F. EMMETT DIES. falling 2% cents under yesterda —Demand 23.2 WORLAND, May 24.—H. F. Em-/ final quotations Norway—Demand 15. mett, father of Prof. H. T. Emmett,|\ Efforts of bull pools to rally the) Argentine—Demand former principal of schools at Cas-| market by purchases of Mexican oils) Brazilian—Demand 1 per, died. Monday at his home in| und-tobacoo shares were futile, the list} Montreal, 10% per cent discount, joans, steady; 60 days, 90 days Dissolves instantly in hot water. No coffee pot needed A Can of G. Washington’s Coffee is equivalent to ten times its weight in roasted bean coffee! waste, Always delicious, pure, Every can guaranteed to give satisfaction. Send 10c. for special trial size. Shuck COFFEE ORIGINATED BY MR. WASHINGTON IN 1909 G. Washington Coffee Refining Co., 522 Fifth Avenue, New York City Donse Brotners : SEDAN It-is a pleasant sight to see in al- mo+t every city or town, the hosts of mothers, with their children, enjoying the Sedan, It holds the family group together— in itself nosmall service to the nation. ‘The gasaline consumption {s annsually low The tire mileage is unusually Coliseum Motor Company . CASPER, WYO. Fifth and Wolcstt high Phone’ 724