Casper Daily Tribune Newspaper, July 2, 1921, Page 11

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FRIDAY, IDAY, JULY 1, 1921 1921 bud county, 70 miles east of here. to E. F. Meyerhoff, president of the| weeks ago. First National bank at Forsyth, and! an officer of the Stellar company. | New State Leases Granted. ‘The strike which proves a field of} winnesota-Western Oil company. gome_20,000 acres, a8 geokjrists have | Minneapolis, SEX of 36-37-94 Blind Pool Ou company, wewcnie’ mapped it, was not made public until! today, pending a determination of vol- ume of flow. After encountering se ne eee oll, a conference of the Stellar officials 1 ‘was held. and in view of the fact that) the Dakota sand, which prigaises eyen! 31: greater flow, is but 100 feet below the stray sand in which production was found, it was decided to go deeper and test the Dakota. In the event it is} found bare, the company will bridge | °°; “4, 3622-76. back to the stray sand and get pro- w duction there. Early in March. Manager Jones in| @ plea to a member «t! the legislature, against imposition of an immoderate j@x on crude oll, stated that wp to that ime the Stellar company bad ex- pended $192,000 in development of the Porcupine field, and that he had ex- 4 pended $30,000 more. This was be- fore No.°4 well was spudded itn. In the same plea, Mr. Jones stated, referring ta pipeline legislation, ¢hat it would be necessary to construct a pipeline 38 miles in length to railroad in event oi? was found in commercial Juantities, present production, how- ver, will doubtless be consumed in the field as fuel for intensive drilling 35-85. % of 36-37-94. 34-78, M. E. Corthell, 17-76. 36-84. 16-45-92 of 16-28-80. MARKET GOSoIP ANG FIELD NEWS NEW STRIKE 1S MADE IN MONTANA oe, age The Tribune) BILLINGS, Mont., July 1.—Add to Montana’s producing eRe Royalty .04 06 fields the Porcupine; 52 miles north of Forsyth, in Rose-|4™¢ c=" ecase, Heavy oil was encountered at'a depth of 1,450 feet in a stray sand at No. 4 well of the Stellar Oi] & Gas company, section 17, township 11 north, range 39 east, Porcupine field and is flowing at the rate of trim the well showed 1,800 barrels at the Burke 0 to 75 barrels per day, according time it was brought in nearly two, Black Tail Chris D. Hoyt, Big Horn, all of 16- John A. Hoyt, Sheridan, all of 16- Max W. Winter, Casper, all of 16- gre, Take Domino-Wyoming Oil company, Cas-/ Kinney M. Ferce, Minneapolis, Miller-Schulte Oil company, Casper. | xike Henry N%& of 32-81-80; 8% of 29-31-80. H. M. Geary, Cheyenne, all of 36-)) Ralph 8. Linn, Shoshon!, Sage Creek Petroleum Lander, all of 16-27-95. A. W. Harper, Shoshoni, | Jupiter : OL 41 Lance Creey Royalty. OL NBM; jane Royalty ... 03 |Lus* Petroleum... 02 02 | Mountain < 60 aA2 . all of 36-| ray all of 36- ~ \ 02 company, ss | Western Exploration. 1.40 all of 16-) Wind River Refs. 02 Charles L. George, Worland, all of The Frantz Corporation, Denver, all ae Jewelry and watch repairing Sy ee|EIk Basin operations, which {t is canfidently ex-| bere ee itnenl nicer eatant Grevtel LOCAL OIL sTocKs. 0% 00% Atlas 1 02 Bessemer . aq 20 Boston-Wyoming 60 65 Big’ Indian 10 15 Buck Creek 18 ert 08 10 OL 02 Blackstone Sait Creex. 38 2 Pete OL 19 1 33 08 08 08 46 220 17 Great Western Pet. 04 06 | Wyo-Kans. | Wyo-Tex. Grass Creek — Torchlight pected will follow closely on the heels| Casper Jewelry Mfg. Co.. O-S. Bldg.| Lance Cree of the discovery New Incorporations. tate by the Western Dairy « Pro- duce company of Casper, capital stock $100,000, par value of stock $1 ~4 share; directors, J. F. O'Donnell, G venley, D. S. Michie, -C. R. Beden eck and M. W. Purcell. ‘The Federal Drilling company of COMPLETED BY OHIO LAST WEEK‘ Evanston, capital stock $100,000, also No completians were reported by No. 20, section 12-39-19 is bailing filed articles of incorporation; the] ‘the Ohio Ol! company this week. OneJat 2,101 feet. ‘Riley Motor company of Sheridan | well abandonéd and all other develop-| No, 21, section 12. filed certification of increase of its|ment tests are progressing satisfacto”) at 1,009 feet. pital stock from $25,000 to $150,-| “ily. No new operati4as were reported 000, and the Sandhills Oil company] ‘ starting during the week. filed certification of increase of its] The following is a development re-|depth af 1,715 feet. capital stock from $250,000 to §$1,-] part in detail: pape Montana Ficids. Well on section 5-11-30 Ragged Point field shut down at 4 The Homestake Mining company of] Jepth of 2,354. feet. Well on section 24-10-26 in the Big Mining Company Takes Coal Option. Deadwoeg?, S. D., has taken a 90-day D. Ditto of Gillette. The land lier} 2,645 feet. thre» mies east of Gillette and has been one of the chief sources of sup- vy for the last few years to fuel us: rs a? the town. Tests show the coal ‘to be of Good quality, and it ts highly \erobable*that the Homestake manage- | ee will open the mines before fal: coal Veins near this town are more ‘than 100 miles nearer Deadwood than the mines from which the present sup- Ply is received and the change. would greatly.reduce the fuel cost through a shorter haul. New Test Rigging Up. The Mack-Billings syndicate is rig-| 1,600 feet. ling up for a test well on - Bitter reek, immediately south of Billings, a will probably spud in there some ime this week, officials of the com- pany declared today. Rig was moved ing at 2,310 fect. 45 feet. tio location there last week. Produc- ast half section 12 the Well on section 29-32-18 in Clear reek field abandoned at a depth of Wyoming Fields. Elk Basin—Well No, 3 claim, section 24-58- casing at 1,721 feet. Grass Creek—Well at a depth of 3,020 feet. Phelps lease, section 19-46-98, drilling deep test of the field which produced high gravity oil from shallow forma- 21 on Elk No 100, fishing for Big Muddy—Well No. 14 on state lease, sectifn 10-33-76 is drilling at Salt Creek Ficid. ‘Well No. 9 on northwest quarter o° section 27-40-79 setting 64-inch cas No.'10, section 4-39-79, is cementing at 1,616 fect. No. 3, NW, section 12-39-79, cleaning out at 2,171 feet. Rock River Field. be reached here around 3,100 feet. reaming at 1,745 feet. No. 1 on west half, sectiqm 11-19-78,! ts drilling at 2,840 feet. 2,040 feet. 3,568 feet. Dixy. farm is drilling at 3,051 feet. ng for tools at 3,358 feet. rt 1,400 feet. it 2,008 feet. ion at comparatively shallow depth: 6 is cleaning out at a denth of 2.20: Utah Fields. ig expected by the company. feet. Case Tae WIL No. 7 on 12-39-79 is cementing Soap Creek. Flow Increases. the first Wall Crek sand at 1,935 feet Cainsville No. 1, section .32-28-8, is setting 8%-inch casing at 2,300 teet. Huntington No. 1, section 2-47-8, Fiow of the No. 2 weil of the Wet ‘Well No. 8 is drilling at 1,907 feet| ishing for tools at 2.238 feet. n States Oil and Land company onjon section 12-39-79. 4 action 34-68-32E, Soap Creek field,| Well No. 13 on section 32-39-79 is run through a four-inch pipe, showed|swabbing to ingrease production at rate of 2,400 barrels per day when | 2,326 feet. When gauged through a 2-inch piped 2,160 feet. Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bldg. Phones 203-204 NEW YORK “tous 2 CLOSING | Midwest Refg. Midwest Cor. Midwest Pref. br myn Lee Minnesota the | Western States | Prod. & Refrs. Open. . | Mexican Petroleum ..$108.00 $101.00 Pan-American Pete Union Pacific R. R. FOREIGN EXCHANGE. advance: ater the market was bearishly af. Second 4s . {Fourth 4458 . 7 02 | Victory 4%s WroMuNG CRUDE OIL MARKI Rock Creck Pilot Butte Hamilton Dome - Ribs—July. Ho 40; Sept., |American Crude Substituted For Mexican in U. S. NEW YORK, July 1.—Officials of }the Standara Ou company of jJetsey today confirmed reports that “39-79 is drilling | the company had notified the shipping |board it would no longer include Mex- Well No. 8 on the southwest quarter |icq ot eet aa Te, ee rining at ta{tean crude off in contract shipments CHICAGO, Market wi would substitute American oil company has con- tracts to supply the board with 18,- 000,000 barrels of fuel: ofl. it was said, resulted Mexican oil scheduled to go into the company characterized is Well No. 8, south half, section 35-| which ‘option on coal land controlled by Sam| Wall structure straightening hole at| 20 by ae Penna Servo caries: uit | confiscatory. Goshen Dome Test Continued. R. Campbell in charge ¢ the Centennial company, whith is testing the Goshen 3 ewedging 10-inch pipe at 2,224 feet. acy’ is making rapid progress, 2 2.on east ‘half, section 11-19-78, } test is being made on section 17 the first field that will be tested although that. district No. 9, section 35-20-78, is under-| No. 5 on section 2-19-78 is drilling 10, L. G,]at 620 "feet: This is « Goshen county, jis said ta contain many No. 6, section 2-19-788 is drilling at ————— Shirley Basin Test. Shirley basin in southwest ming, / will be developed by a syndi- cate of Cheyenne oil men headed by . Hynds. Machinery for the test is now being moved to the field. In a recent statement given out in Mr. Hynds said that geol- gists who examined the had reported favorably on its surface No. 2, section: 14-19-78, is drilling at No. 2 on section 34-20-78 on the No. 3 on the same location is fish- No. 4 on same location is cementing No. 5 on same location is cementing No. 6, section 34-20-78 is cementin; 39-79, Well No | at 205 fect. ee - sw EEN ST ae woman still gn the sunny side of 40 years of age, has been married seven is| times and is reported as now seeking ther fifth divorce. eee | sii EVERYBODY one kept it for them. affairs. Wine TE 32 Years of Service CASPER, WYO. placed on gauge again late last week | No. 16, section 12-39-79 is drilling at ™ iit dl Oil men, stock men, housewives, mer- chants would like an account of all ex- penditures and receipts, providing some That is just what,;The Casper National Bank does for you when you open a Checking Account. It systematizes your Why not open your Account today? May We Serve You? Casper National Bank Under United States Government Supervision. In i Hi {We know that your underreaming can be done for less! aeiie’y With a Swan Underesmer then any other Wifes | he Bridgeport | Mae ssi be Casper Daily Cribune HOT WEATHER BOOSTS GRAIN Crop Prospects Cut in Northwest and Wheat Market in Chi- cago Reacts Subseqtently the market lacked support and it was said that accep- tances on bids to the country had been - Prices closed weak, 1%c to net lower, with July $1.22% to 2% and September $1.21% to $1. result by estimates that the Prices closed %i'to 1%c net higher, with tember 62%. ® were strong with other cereals, x %ec to “ke up, September. to 38%c, and then cand. Firmness in the hog market helped trengthen provisions. ss Closing Quotations. CHICAGO, July 1.—Wheat—July, Sept. $1.21% —Tuly, 6%: uly, £19.50; Sep Provisions. CHICAGO, July 1.—Butter—Market 35: creamery ex firsts, 291 22 cibroilers, 25@30c. Petes Michigan defeated Waseda, 1 to 0, yer er: receipts 62 cara, Vie. (erday in the Japanese team's. final £3.75@4.00 barrel Carolinas, | §#™e ot the American tour. Waseda 3.35 barrel; northern white,-50c | defeated seven college clubs in this That You Are Interested in Knowing What Amount of Business We Are Doing or What That you are interested in knowing where you can get the most and the best in Gents’ northwest crops Opening were 1 { Nebraska corn was curl- ing in the fields, owing to abnormal After opening %c to I%e including September at 62%c the market scored a further continuing eptember, 62%c. —July. 36%; Sept., 38%c. Pork—July, a Sept... $18.00. Unchanged; receipts 9.159 Poultrv—Market unsettled: Livestock Mart | CHICAGO, July 1.—Cattle—Re joripts 2.000 bead; market strong to 26c higher; quality clean; top steers $8.50; weight, 1,503 pounds; bulk “Leet steers, $7.00@3.00; canners ters, $150@5.00; best bologna. yatta, $4.00@4.25; butcher, $4.50@4.75; veal calves, $8.75@$9.2 Hogs—Recelpts 27,000 head; market fairly active, steady to 10c higher than yesterday’s average; better $9.30 paid for one load: DUK 38.65@9.20; pigs, 10@15c July 1.—Dry hot weath- er in the northwest accompanied by | Bhest cree, damagy reports had a bullish|iambs and yearlings strong to 26¢ t on the wheat market today. toss was estimated five bushels an acre already, throughout a large section. Predic- tions were current that unless gen- eral rains came soon, would be greatly reduced. Prices, which varied from % to Ke advance with July $1.23% to $1.24% and September $1.23 to $1.24, followed by material upturns around and then something of a re Sheep—Receipts 4,000 head; fat higher; fat native lambs, $10.00; culls, ling wethers, $8.00; sheep, steady 400 head: $6.25@ market steady; beef steers, and heifers, $4.50 and feeders, $4.00@5.50; bulls, $3.00@ 4.00. Hogs—Receipts 300 head; market steady; tops, $8.60; bulk of sales, $8.00@8.35. ‘ Sheep—Receipts 6,300 head; market anegsoc. ene ewes, TARIFF ON OIL URGED ways and means Oil Lands Are tion citizenship ‘rolls. MICHIGAN DEFEATS WASEDA. country and lost to 14 OILS GONTINUE Pressure Against Mexican Petro- leum and Other Leaders Is NEW YORK. Ji preaching holidmy caused the usual curtailment of operations in market today. Uncerjain encies were selling, of o 450,000 sh heavy mostly $4.50@5.00; no westerns here; best choice, 80-pound dry-fed year- DENVER, July 1—Cattle—Receipts NEW YORK, July 1.—Pressure, against oll was renewed at the open ing of today’s stock market. Mexican Petroleum was firm at the outset. but! NEW YORK. July 1.—Bar silver, do- This duplicates | mestic, 58%e the low record of several years, made | dollars, 447 during yesterday's slump. The Pan- —$_————_—_ American issues, General Asphalt and Houston Olt iat tots pans, unite | F ORGERS OF ed States Rubber and the popular Gains running trom tractors}; TICKETS FOR to one point were made by Chicago & Northwestern, Western Pacific ‘ic, cows @6.25; calves, $6.50@8.00; stockers soon reacted to 98%. lambs, $8.00@9.55; steels BY GRSPER INTERESTS Numerous telegrams have been sent to the Wyoming congressional dele gation by Casper oil interests, urging wupport of a protective tariff on oil fn the tariff measure now being framed by the house committee on their. losses. United States Rubber torn ani Bethiehem, | degree in connection with the cdin- fell 3% to ~ iting of tickets for the Dempsey- Studebaker, American Sugar, Cuba | tert Sugar preferred and Famous|Carpentier fight. Complaint was ern Pacific and Missouri Pacific pre- ferred. Call money opened and re- newed until next Tuesday at 6 per Awarded Heirs NEW YORK, July SAPULPA, Okla., July 1—Oil lands valued at $6,000,000 were awarded to heirs of Lete Kolvin, a Creek Indian woman, alleged to have been killed by her husband in 1918, in a decision | |handed down in district court here to- day. The case revolved about the exact identity of Lete Kolvin, whose name was found on the Creek na- xchange—Firm. cables, 7.99c. LESPERANCE BROKERAGE ANN ARBOR, Mich., June 30.— PAGE ELEVEN ON TOBUGEAN) = Renewed ‘Today 1.—The, ap. due ainly approximated The closing was preferred was conspicuously rising 5% points. new low, Money and Exchanre. 1—Prime mer. fle paper, 6% @6% per cent. NEW to further} by, $2 cabies . 4.93¢ cables, YOR: spot and near Louis, spot "Silver. foreign Mexican eee a be ee | NEW YORK, July 1—Five men own to refore supporting orders | were indicted by the grand jury appeared and kindred shares extended | on a charge of forgery in the second ra lost 1 to 3 points. Equip-| made by Promoter Tex Rickard. ments were firm, particularly Bald-| win, American Car and Railway Steel | Springs, but rails PBA 2 INS Mrs. Carrie Chapman Catt, the fa- developed irregular-| mous suffrage leader, is the only wom- ity becanse of pressure against North- lan who has received an honorary de- | gree from the University of Wyoming. Geologists Oil Expe-ts Oil Field Maps Blue Prints Explorations Reports Wyoming Map & Blue Sterling—Demand, $3.73%; cables, 4 $3.74%. | Print Co. France—Demand, 8,02c;_ cables, / |] P| O, Box 325 Rm. 10, Lyric 8.04c. | Sem rf Belgian Francs—Demand, _7.97e:} Will buy, sell or loan money on erty bonds. County and city warrants bought. Phone 1147. Iris Theater Bldg. Phone 1147 Business We Want to Do. BUT WE DO BELIEVE Clothing, Furnishings and Shoes for the money, where quality reigns. THE STAR CLOTHING CO. IS THE PLACE We do not advertise sensations or miracles by saying that we have purchased the en- tire product of a foreign government, or that we received a carload of this or a carload of that. But we do say, and can prove it, that our buyer goes east every three months, that ‘every dollar’s worth of merchandise purchased comes direct. from the manufacturer. We do away with the middleman’s profit. Since opening our store for business, February 4, of this year, we have brought the prices of clothing for men down, and it is our intention to bring them down as far as business will allow. We do no misleading advertising. Take a glance in our windows, then come in our store, we will convince you that we are selling only honest merchandise at the lowest prices in Casper. We are discontinuing our line of SOCIETY BRAND CLOTHES. We a a few suits left and they are MARKED AT A REAL BARGAIN PRICE SATURDAY SPECIALS It will pay you to watch our Saturday Specials very close. are always offered. 90 Pairs of Pajinacs In silks, poplins, soissette and silk stripe madras AT ’s OFF It means a $3.00 garment for $2, etc. MOTHERS, ATTENTION! We have a full line of boys’ shoes. They are worthy of your inspection, a: they are priced CAPS An assorted lot, in all colors, in silks and cheviots, just the thing for summer wear. AT 95c CAN YOU BEAT IT? p Extraordinary bargains Your Own Price. active stocks and lib- Worth up to $2.50 ff You Want A Trunk Come In And Get It At Practically We Are Closing Out This Departrcent

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