Casper Daily Tribune Newspaper, July 3, 1921, Page 9

a | SATURDAY, TURDAY, JULY 2, 192 2, 1923 WMRKET BOSSIP AND FELD NEWS PROUUCERS & REFINERS REPORT roducers and Refjners gorporaan is drilling its No. 1 Love weli in Elk county, Kansas, deeper from 2440 feet. At tha depth it is a 50-barrel well but it is thought that the prediction will beincreased if drilled deeper. This well isthe first producer in.a new field-discovered by the com- | pany. Another wildeat-test is being drilled by the compary a! Se See a im) Kansas. The fgeaton is. on the | if sTOGK MART the southpast rer the, SWAL of roctlon ee im Tuller “eouaty/ Falniy Steady, Tone Tone Maintained ‘Aside From Weakness of Tost was spydded in «a: June std. Foreign Oj! Issues Okalahoma .Test Interesting. Rather as interesting test ts. being, drilied by the Producers and‘ Refiners corporation near ‘Ada im “Pontd:o¢ county Oklaliotia.” 1: is Weated hr the SEY NW. sac several. miles. xouthwest { Ada gas field. “On Jan icing at 650 “feet. A t the, northeast ‘cor Uon by othe: feet. W is was abandjned nthe pips. was h abandoned hole showed, con rable oll.” As the Prodi@ers and Retiners test “is further upon the structure, the chan¢e for gettin & Well. are considered’ good by the, com: pany. NEW YORK, unsettigment occasioned. by recurrent weakness of foreign oils, notably Mex jean and. South American issues, tht stock market this weck maintained a fairl® steady tone. Rally and railroad showed didecided tendency to throw July 2.—Aside from equipments of thelr protonged sp-Il-of. depression Crow Wildeat Abandoned<~ better earnings and another de. The wildeat test 4° the Produters crease tn idle freight cars.. There were} ind Refiners corportition in Baek indieations also that/large equipment contracts; would soon be awarded by | transportation companies. ‘Approkch of the mid-year. witnessed | a further Blowing down of operations | juich ‘en the Crow Indian reservation n Tig, Horn coifnty in southern, Mop- sama hax been abandoned at 2,480:tdot {t wha-located on tribal lands in ‘Kec ton 24.98-241. ‘The drill passed through several off bearing formations) but th ands were dry with the ex¢eption of one, Which showed some gas and a in the ‘steel industry, but the stor: trade-was subjected to conflicting co ditions; curtailment at some .centerr ae offset by increased production iitde oll, Holo was abandoned. after | serge in general, as-reyiewed by releasing a heavy flew of ‘artesian | tien, continued very {rregular. | water indi trends being one. of aulet. repres- Two Wildcats in Wyoming. Producers and Ttefinera’ corporatict+ ae Ts drilling two wildcat tests jn Wyo- ‘lon at “iio many Page? SERN cing” Onb ison: the WMurbysGeeek m structure in the Powder river coun- } Easier money rates prevailed at|try, abot 20 miles northwest from thin end other important financial cen-| the Sajt Qfeck ‘ficld and ‘eight miles ters. There was little ta warrant the} south from Kayce: Jn. Johnson: coun: ete MN orever. that Julvinterest andy (y, Itvinkbated im the northwest eee Ee ements would. pe | eccom:| quarter of ‘section. H-A?-82, Drilling of savertment purcbases’ inthe secur- ities Tmirket TARIFF BI BILL INCLUDES OIL ‘The new tariff law which is now be- ing buffeted around in congress pro- poses 4 duty of 35 a barrel of 42 gal..| lone an crude petrdeum and 26 cents a barrel.of 42 gallons on_fucl oll, ao- cording to. message received here to day from Senator ¥. ©. Warren. The message Was received by B. 3. Brooks and C B Richardson, officers of the Consolidated Royalty company in. an- swer tqan Inquiry relative to the an- noun im that oil would to: peo tect ‘the ppe tanite law: Bei Minister 1 Hopes Champ Will Get A Good Mauling ports received by the federa! board indicate that accclera- was delayed’ consideratity on this. test, | tirst_by* having to grade a new Tout for nevera! milos and <liter by heavy: rains. ‘The other’ test *is hear” Fort | Steet: in Carton .couRs IOWI-HYOMING OF FGER = Noah Williams: officer of thertewe, Wydming Of compary*ot Casper,” ly flying ncross“Ahe continent’ at 0: neck speed taday this own a ta get. mogion: pictu: baby Carpentier fiat for theaters in the shuptxt. togsiute Te proumdersenoigd ie MY: Wathen: accehted come kind ofa wager’ 4 be can. get the ficht:bictutes twek ta Cailforniataster. than. thescoult-get there by train’ and /by-nirplane wail! The machine which ts being uscd in the transcontinental flight is machine which Mr. Williams” uees every day in California in constant KE. J..Witiams : Ge Gates Mexican Petroleum: By fio 90 Grekt W Sinclair“ ON ......¥2. | it ‘Texas Oi} % Shia Pan-American Peté ©4790 Finney U. Se Steel. ...s 22. 76.00 Larfée Creey ¥ ; Union Pacific RR ... 11860, 117-6 “| Greybuly — J. |Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bldg. Phones 203-204 LOCAL OIL STOCKS. Western Oil Fields. NEW YORK “STOCKS | 18 | SUNDANCE, Che Casper Daily Cribune FARM HOME 15 WIPED QUT BY TORNADO IN | | to permit them to reach a potato which followed. The Mowry bome, a short distance away, but off the direct path of the twister, was partly. wrecked: but aid not entirely collapse. THE SUNDANCE REGION collar until the storm passed over, |.tres: The house, barn and equipment | says was completely destroyed byjthe ef- (ally « fect of the gals and by. the blaze | Such cx tanee of the ruling Wye., duly 2—A Amalganiatcd Royalty .04 har ope sekien eh ear tet ‘JAP ALLIA 7 aa Mla ae has cver visited this section of the ieee * { 1240, destroyed the farm hom. Suidwest Tels. barns and machinery of Fred Kreu pereiner. +. At Midwest Cem. — ger. durin; the past week, accord. Baton Ayvaiine are gy Midwost Pref. _ ing to reports reaching here. cle Creek Merritt ....., ‘The severe twister was seen bare. Bue cco Gee On. 50, ly in time by the Krenger family | S Fk Salt Creek ... ee = Ita « T, Western States Blackston> &: | Prod. & Refrs. Capitol Pete Cosden ._-.- Columbine Elk Basin ConsoJidated Rosi Okmulgee © Chappelie .. Allen Cow Guich Ctles Domino + Bikhorn oS Sew rca Ya Lusk. Roya FOREIGN EXCHANGE. — ¢ Lusk’ Pe) " e Sterling ~... $3.72 PMike, Henry .... Francs . Mountain & Gulf Marks. Northweet \Lire'. Qutweet Cail money Picardy Riverton ts . Roy.,and Pro. First 4s Bunset*... Becon: Tom alt Roy |Pirst 4s Wes exploration. Second 44s . Wind fiiver Retg- \Third 445 .. Wyo-Kans. ~ Fourth’ 440.00. Wyo'Tex.> . Victory 4X5 WING CRUDE OM. MARKIE -$145 Rérk Creek - ~ 105) Salt Creek - 115/Big Muddy .. - 1.15] PAot Butte - 1.10] Hamiiton Dome 35 ' Mule Creek Grass Creek _ Torchlisht ~ Elk Basin , Lanes, Crook Lander TAIL AND ELEVATOR TROUBLES DEPRESS GRAINS DURING VE “ CHIGAG yy 2.— Railroad and ee- vator°wage troubles Neve ‘greatis un settled : wheat prices this wees. and 50, . have: the first big offerings higher, oWing more or lees to buying! fer*Durope. . } Provisions, © "TO CARRY. PETURES- QF BG FIGHT BY PLANE) TEST WELL SHUT DOWN. A test well which is being drilicg in the Hawken dome near Sundance by a syndicate of Sundance opera tors, is now temporarily. shut down on account of a fishing job. Before the tools were .lost. small auantitics of. gas and oil wore encountered and the drillers were hopeful. that. com: Pi pals w. S, Gilbert, Presbyterian minister, for- mer_army chaplain and now com- mapder ‘of the American. Legicn: of Oregon, at the opening of the legion state convention., Following the Rev. Gilbert's decla- ration, the convention telegraphed its best. wishes to Georges Carpen- tier for his success. mercial oil, would be encountered in the next 16°, feet TRIBU CLASSIFIuD BRING RESU LPs. ———— That a person can live and thrive without & stomach is the theory of a medical expert. ! LESPERANCE BROKERAGE [os Will buy,. sell or loan money-on active stocks and lib- erty bonds. County and city warrants bought. ‘Phone 1147. Iris Theater Bldg. Phone 1147 visits and inspection tours of his prop!] + Ore., July: » 2.—Hope | erties, which extend to overy’ section ‘thet J ‘Dempsey would get a/ of the sta § mauling” today was Sra ee Ag “A Word to the Wise Is for Tents, Tarpaulins of all ‘sizes and kinds. Also Army G. M. and Steel Hospital Cots, “Army Blan- ‘kets, Raincoats. Best Jine in town, prices right 3 Dress’ Shoes, Hip Boots, Tourists, Clothing and equipment. BG o. Gasoline, Oils, etc. j: 4 Cane Army, Navy and Officers’ a ; € 921. harvest. . Largely in joowhent volves are down % compared with a work Corn. finished the week at ‘%e ty” Y4evadyance, with oats show: |. wets of Ic to Teer2e, and ns.varying from219c setback -sCHICAGO, July 2.—Live Poulter. Yorkshire stored aw facts afeypossessed borer; Who has mental 81,000 items of gener 3, in the wheat mar- information. | place When the fact became employes of all, Chitago 8 Wold ‘quit-work 4 read tigup of railroad: imponding, Sinultan to dispose of new TOM” thoy Winigh's . crop~Welt to the flurry in. (he trade,. es: pearisty operations. regord: G -Phone 808 :: § aia’ “Baggage Trans- fi eth nh zh meeivihg considerable notice. Jownwand plunge i prices. «xporters Drenmpt to seo ound. then the t rebounded. ‘Drouth news ‘from 4 and other -uropean: coun: tracted much, attention: at this | da good. deal-was made | bnormal crop conditions. in | spring wheat ae Transfer - Company Basement Pines. Hotel Wolectt. Look for the Blue Truck. were not well main- y bulls preferred holdings rather than ortainties of the weather ad| r factors until trading could be! 326 °N. resumed an pext Tuesday. Corn and oats dropped with wheal and touched lowe: Prices yet this reper but were adied later by Sufficient” It is the history of the world that the foundations of ‘the world’s greates t fortunes is due to their owners foresight in acquiring hold. ings during a temporary “depression. In the same way tho best and biggest profits in oil are made through the ownership of a lease or interest in a lease BEFORE PRODUCTION IS ESTABLISHED At the recent sale of government ienuen on Proven and scmi- proven lands in tho Salt Creek fleld.from $260. to ‘$1,400 per acre CASH BONUSES and 25 per cent to 83 1-3 per cent royalty, were paid and the class of purchasers. bespeaks unbounded and tnlimited confidence in the future of the oll industry. THE HORSE TRACK STRUCTURE + Ts considered to have the making of another Sdit Creek field. It Was examined and highly recémmended by G. B, Morgan, state keologist, and on the recommendation of Hon. John Methase. a noted California geologist and oll land expert, the powerful Associ- o ; rs $ ® é ; ated Oil Co. is now drilling the first test well, with the first sand i RY + 3, expected to be reached quite soon. Should good production be secured in the Associated Co.’s well, leases in the Horse Track structure will, undeubtedly, command very high prices and pay very nig profits to those having interests in the field. WE ARE FORMING A SYNDICATE to take over a govern- mont prospecting permit on 320 acres located within the escarpment of the structure and one mile frém the Associated Co.'s test. There are to be ONLY FORTY UNITS at $100 each, which is on tho basis of only $12.50 per acre, ao. you can- readily. see the bi margin for big profits in event of commereial production in the first sand, which will most likely be reached within 60 days and passibly. less. We consider this proposition 2 good bet and an excellent chance for playing the “ahead of produi:tion game.”"” To be sure it is a speculation, but doesn't it look like on: worthy of risking $100 on when you consider that the structure has heen highly endorsed by eminently qualified geologists and one of the most powerful Independent companies of the country is spend- ing thousands of dollars to test it. Our lands are practically beinz determined at their expense, so we are that much winner if the fleld proves projuctive. For full particulars, see or phone JOHN M. ENGLAND co. 202 O.-S. Bldg. Phone 1129 NOTE:—Non't let the. present temporary’ depression: make you “a, pessimist"—the big operators are still “‘wildcatting” new fields for production to provide for the future. The world is sti! “going “the whetis of com- round” and@ ODL will always be needed to keep * ™mérce in’ motion.” SESDSDFBOSIFOOHLGOSHDOS! | d66-9950% peceengessioee tons - Park NOW OPEN TO THE PUBLIC DANCING EVERY NIGHT 8:30 TO 12 P. M. Watch for the Bus Line Leaves Court House Ever Hour EXCLUSIVE PICTURES OF DEMPSEY WHICH ARE ALLOWED BY HIS MANAGER LYRIC SUNDAY FPODHSSD-2O626SSO99O-© her yea ion arises from accep of Lord Birken-| BR uN in force ati Anita Stewart in "Playthings of Destiny * AT THE LYRIC SUNDAY PAGE NINE Et He Followed Her to the Arctic Circle to Denounce Her. i ei Mees a LE Se ssetorcaveasee dob senedbbocosiia oll Soeoes Peter Soadeetectontecetetedtoaterten eeteateetetoatontontoetontedrcretoetoctestontey NOTICE Change of Location I will move from the Duff building on Midwest ave- nue to 316 West Yellowstone Ave. next to Wyoming Baking company. Old customers as well as new ones are invited to come and see my new quarters which will be larger and more room for 4 much larger stock. Will open at New Place July 5 R.M. MOSHER Michelin and Miller Tires Announcement Only Forty Near Acre Tracts to Be Sold If You Want to Buy One of These Near-Acre Tracts That Join Highland Park Addition, Hurry! These-tracts Will be put on sale early next week. But you can make reservations now if you wish. Only forty tracts to forty acres. Just think of it, an opportunity where you can own a tract of land several times larger than a lot at about a lot price. You can raise chickens, garden truck, keep rabbits and many other things that will bring you a nice income from a near acre tract. You can buy one of these tracts and double your money by selling them out in lots. Each tract-will make six 40x135-foot lots. Just Think of It! We Are Only Asking $400 to $600 For Each Tract and Will Allow 5 Per Cent Off For Cash, or Will Sell on Easy Terms All oil and mineral rights go with each of the 40 tracts. 40 people will be the lucky ones. Don’t. hesitate. your tract and close a-deal. The first Come and pick out You can pay up at any time and receive your warranty deed. Remember, that these tracts join Highland Park Addition on the south-and the new Scenic Drive crosses these tracts. ' §.S. CALL AND J. J. HART, SALESMEN FOR THE CALL-HART TRACTS : . Temporary Address, Wyatt Hotel Fa a a te ae ds Oe eee eS rem 1% o-ahe-efe fe eSo-ee-a3o-28o-ate-oSe-es eretetieds as Poste Pear e fo op afooge af S532 sae 4) O ? , Dy ">! 7 oo oon % On Poste Me Soars oes ? Poh ae 2 7 8 ° 2, sas 2, oO >, *, 25 ye tet oan eho fo ae: 2, % 9, Poets 5>0fo-ato iM » ap 2 ‘ Oy Me On On Mere din tach othe ao ao ofo-ahe oho 450 of a50-% 2, ? he Oe he ah eee ie 0 56 ‘> 48 a cs - My oho foe 0 +, ? os, >, RS Pte e>