Casper Daily Tribune Newspaper, November 7, 1921, Page 8

FREMONT COUNTY TESTS DRILIN The Northern-Wyomi McComb str et deeper. Dakota sand was dry. FROST REPORTS SUSTAIN WHEAT Sou South Ameri- Tpward Crop Damage in ca Stignt and Trend Is ha apan uropean countr a liberal scale, shorts » wa oe er, with December 1.03% May $1.08 to $1.08 rn and oa clined to sag. and then underwent general setback In the last half of the ses ose with wheat. The close was . %@% to Ic net higher, with @% to $52.% to Ke ased ret Weakness in hog values had a de- press: effect on provisions. Qosing Quotations. CHICAGO, Nov. High. Close. 1.08 hse = 14.80 8.77 $.62 9.00 8.85 aan 7.45 = 7.85 Provision: CHICAGO, Nov. creamery extras, —Butter—Low. 43c; firsts, 36@ seconds, 33@ standatds, 38c. 2ges—Unchanged; receipts, 4,246 ses; firsts, 52@54; ordinary firsts, c; miscellaneous, 50@52c; re- frigerator extras, firsts, 3314. Poultry—Alive, > springs, roosters, Tbe. 4314; refrigerator lower; 21h; fowls, turkeys, 14@ 300; Potatoes CHICAGO, Nov. Firm; receipts 86 cars; States shipments 773; northern white bulk 1.75@2.00 cwt.; sacked 1.65@ 1.85 ewt; Minnesota and North Da- kota sacked’ and bulk Red River 1.50@1.65 cwt.; sacked and bulk Dakotas 1.25@1.60 cwt.; Washington russets 2.3 7.—Potatoes— total United Oil -company, drilling on the cture, northeast of Shoshoni, Wyo., has carried its well almost through the Dakota sand at 2,767 feet and-is headed for the Lakota formation, believed to lie some 50 Boston-Wyoming . st 25 Completion of the test is expected this mgnih. 4 ¢ + Sho | Bisckstone Salt Creek .39 | sae test | Comsolidated Royalty - 1.26 cactene D feet and | Capitol Pete Z 00% being resumed after delay repair work and prepara caused by string of casing will be run and] 7, jo hols carried to the second Wall] pon ness. ‘eek sand which is expected within Frants the next 100 feet boat 37 yhio company ts reported down | Kinney 21 000 feet in its test of the Horse-|tance Creek Ro: 04 ructure, heast of Shoshon!, | Lusk Royalty . 05 gress i9 being |Tusk Petroleum 03 Marine 1.10 * Howe Oi company on|Mike Henry 7 badwa Iso near Shoshon!, has| Mountain and Gulf - (16 been held by casing trouble which | Nortb-vest 17 w! arrive this week to in-| Outwost ot The hole is 1,100 feet deep Picardy rr — Riverton o4 Dox Strikes Water, Then Oi pany is underreaming the northwest quarter Creek the Soap water was struck but of drilling revealed ol! a and it is possible develop producer as the , mecording to Hardin The Dox company was may y in starting a ¢ ¢ the towns geologists th: Creek formation will be enc tered at a depth of 2,500 feet if it i iu _place. In addition to the three wells which concern has completed another in the producing limits of the now on the sand and should t field drilled in this week. The company has established head quarters here having occupied a suite of offices in the Townsend bulldi FARGO HOLDING MEETING HERE Review of Operations. and Holdings Show Company to Be in Strong Position. The annual meeting of the Fargo Oi! company called for the purpose of electing m board of directors and of- ficers for the fotlowing year and for the transaction of other business of usportance to the company ts bein kele at the headquarters of the firm kere today. The meeting started at 1: o'clock this morning. The affairs of the company at the Present time are being thanaged by WV. D. Weathers, its president and the strong financial and development Yervits it has attained fs due to his carrying out the conseryatively pro- Bressive policies of the Company. A review of the attainments of the concern indicate the merits which bas attached to the Fargo cothpany tarough the enforcement of the con: servative policy during the depres. sion which shook to the foundation the ofl and gas business of the coun- try. 3 Development of many fields in this icinity fs linked with the enterprise of the Fargo company. Starting ac- tive work shortly after it was !n- corporated in Novembeg 1918 the comp: has made rapid strides g the leaders of the Independ- ent companies in this vicinity. CHICAGO, Nov. 71.—{U. 8. Bureau of Markets)—Cattle—Receipts 23,000 quality plain, market generally ; better grades beef steers and ings strong yearlings calves weak to lower Hogs—Receipts 47,000 lower than Saturday's grades off most ng very U ; Pract ight lights up to 200 to packin) 9.00; city weight fat ewes 4.50 slow; bidding 8.00 on e lay Denver Quotations. DE R, ‘ov. Cattle. caipts 11,000; mar lower: ‘boef -rteers and heifers steady; 15¢ lower tor 28.69. Bh strong; lambs 7.5 4.25; feeder lambs - Audits, Financ’ 0; bulk beef steers 6.00@9.50; veal} WYOMING AUDIT COMPANY 234 Midwest Refining Bldg. al Reports and Analyses, Income Tax Service and General Accounting. After organization was perfected 1918 the Fargo company drilled its first well on the Southern edge jof the South Casper Creek field ton what known as the southwest r of section $3. This well was completed on March 6, 1919 at a of 1585 feet. It penetrated is known as the third sand in in a of a commercial oll well @ second well drilled by $3 at a of gas Was encoun y and was of such that jertaken. Was opened by the Ohio Ol] company a c 1 |] Surveying and Locations || Geologists Oil Expe-s \{ Oil Field Maps Blue Prints } Wyoming Map & Blue ‘ Print Co. | P. O. Box 325 Rm. 10, Lyric | | Phone 289 A trict and resulted in the open- the y was completed about the southwest quarter h of 810 deeper This said to be one of the first gassers in the South Casper Creek fistrict. The next wel developed | nuing the aggressive develop- which the company un- “ LOCAL oly STOCKS Blackstone . > Big Indian 20 Columbine Chappelle Cow Guich Domino Cbe Casper Daily Cribune Today’s Markets by Wire FURNISHED BY TAYLOR & CLAY Ground Fleor Oil Exchange Bldg. Phones 203-204 we On Fields 98 General Advance Is NEW YORK, Yon ss . ae Encouraging. Market steady; electrolytic, spot and Western States ae ary near by, 13@13%c; imter, 13% @: S%o. NEW YORK CURB CLOSING. Tin—Firm; spot and near by, $28.62; Merritt ...-. | Glenrock O11 Union Pacific R. R. FORSIGN EXCHANGE. Sterling Francs Marks Money 5 LIBERTY BONDS. 00% 01 1.00 1.25 <>. 08 02 WYOMING CRUDS [Grass Creek : $14 Basin ck River |F + 1.45 | 1 7. 05 not _the original work of Da Vinel. The paintings, according Hahn's complaint, had been oxpert:/ Leonardo |. expert of the French him — genuine. This, it sald, he had established by| ts Nos. 8, 9, 11 and 12 were finished | -n 1919, On January 1, 1920, there o bave been no other . producing wells in Ohio well, located in the north of the structure. of part during the remainder of 1920 becaus« gus properties. During the present| year however wells Nos. 16 and 1 vere completed after securing a gov- ernment lease whicn was issued in May In the latter part of July the Far- go wells were tested by the U. 8. Bureai, of Mines, which has super- vision cf government leases and the complete, tests show that the wells had cn open flow production of 54,- 000,000 cuble feet of gas a day. Since this test was made well No. 17 vas completed to a deeper forma- tion resulting in elding 20,000,000 cuble feet a day to the production. This in addition to the production. derived from the Weathers’ lease gives the Fargo conipany a total pos: sible gas production, under present development of 83,000,000 cubic feet a day. In the spring plans are being made to drill a deep test to the Embar sand in Scuth Casper Creek field, This sand shopld lie at a depth of 2300 to 2400 feet. If the production indi- cations are carted out in the results of actual development it is believed that the gas fields lying west of} Casper will in addition be numbered among the greatest producing black of] flelds in the state. This same condition should obtain in the Poison Spider field where the Fargo company has extensive hold- ings ‘The development of these oil possiblities can be prosecuted with- Y. W. C. A. CAFETERIA A high class cafeteria for ladies and gentlemen 115 East First Street. 11 to 1230 5.00 to 730 h trict that were not owned by the|made a replica of his work. is worthless, | ; Development was slightly retarded/the Kansas City picture. an expert on the work of there was no market to warrant fur-| qo + ther liomieciate development of the}. 7 our Second 4s . First 44s .. Second 4%45 Third 4% Fourth 4\%s .. Victory 4%s .... OIL MARKE. Lance Creek . fule Creek Salt Creek many mo¢thods, rgo company, with the exception |iginal “pellé Ferroniere” 4s in " Gi Same a 33, Seen Soran er et ate jemand $3, cables |} buy pure foods. It’s the the way to health and happi- Louvre, . Georges Sortais’ certificate less than day, The financial merit of the $21,000 a month. May. vice-president; urer; Marian Runden, Patrick Sullivan, director. Leak roofing problem. Sons Phone 1099-J 121.37 $3.94 |ART CRITIC ISSUED FOR $500,000 PREVENTED PICTURE SALE, SAI NEW YORK, Noy. 7.—Damages of $500,000 are asked a suit brought here against Sir Joseph Duveen, in- ternational art dealer and critic who is alleged to have pre- vented the sale of the painting “Belle Ferroniere,” owned by Mrs. Andre Hahn of Paris, to the Kansas City Art Institute, by expressing the opinion that the painting was a copy and including {dentifica- tion of the finger prints in the paint to Mrs.jas those of the great master. The painting was brought to this} ized" by Georges Sortais, the official) country last year and negotiations Government; |for its sale were about to be con cluded when a New York newspaper on June 17, 1920, pubiished an inter- “lew with Mr, Duveen in which he dertook from the start, wells known! was quoted as saying. ‘The picture sent to Kansas City sata |. COPY, hundreds of which have re been made of thie and other Leon npleted /ardo subjects and offered in the mar. i 3 that -immediate |ket as if it really relates to He is not ‘Legnar- interfering with the gas sands lwhich are now producing. With its tremendous possible pro- |duction the Fargo company ts now supplying Casper for industrial and demestic purposes eighth of its total ‘yield, or approxt- mately 10,000,000 cubic feet of gas a one- com- Treny {s shown from the fact that al- thengh only one-eight of its develop- 1 resource 1s now being used it is earning from gas alone $709 a day or ‘The company has been on this earning basis since last The officers and directors of the organization who are attending the Q. K. Deaver, treas- secretary and —TRIBUNE CLASSIFIED ADS— BRING RESULTS———— Does Your Roof If.so, see us for an esti- mate and advice on your W.S. Holtzman & Contractors and Builders D e — Demand 324.51, 36.56. Norway—Demand@ 13.72. Sweden: 38 ik HIGHER TREND INSTOCK MART Some Exceptions to Movement NEW YORK, Nor. 7.—The lstiess and narrow movement on the stock exchange today was dominated by ~ : 14.00| Professional shorts and a firmer 0. Sait Creek 4.00/ Tnoney tendency: Sales approxtmated| Lead—Steady; spot, $4.50@4.75. Prod. and Refrs. 4-37| 475,000 shares. The close vs” ir- Cosden Se 3 $25) regular. 4 ery, spot $4.75@4.80. Elk Ba Tuivs oes 7.00 7.12 ——~ Antimony—Spot $4.75 Cities Service Com. -. 198.00 200.00] ww yore xov. ¢—Anitla States a ee | 8. O. Indiana ......-- $6.75 35.00/ e061 gud Generel Asphalt ‘were thé NEW YORK STOCK EXCHANGE | oniy important exceptions to the bigh- Mexican Petroleum ..$106.00 $107.75] er trend of prices at, the opmming of Sinclair Oil ...... 75 28.00 togay’s stock market. Mexican Pe- s Texas Oll ....-.-...- 7 43.00) troleum, Standard Oil of New Jer- Pan-American Pete .. 46.37 | sey and Houston Oil each gained 1 U. S. Steel .. 50.37 point and advances of 1 to 2 points were made by Various industrials and specialties, including Chandler Mo- tor, Inspiration Copper, New York Dock preferred and Jones Bros. Tea. Liberty bonds early promise of extending last week's substantial gains. The 345 advanced 10 points to the year’s high record at $95:30, the second 4%s 2 points to $94.78 a: the fourth 4%s 20 points to $95.20. On the further demoralization show- ing in the London market German marks brok» sharpty here to ¢he new minimum of 36% cents, Favorite issyes of the steel, equip. ment, shipping and secondary oil SOVIET WOULD Established; Lenine and Trotzky in Earnest, Says Labor Leader. NEw YORK, Nov. the morning with some of the motors, | goy. tebaccos and chemicals, but raili Semel api oe amma listless. Preferred shares of character, such as Americ: Erown Shoe & Westinghouse fi erred rose 2% to 6 points on limited |. alings. Prices hardened again be- tore noon on Mexican Petroleum’ > treme rise of 3% points. Liberty sac- ond 4%s were included among the new high records for government bonds on the current movement, but all Liberty issues as well as Victory notes reacted later on profit-taking. Call money opened at 5 per cent. Foreign Silver. . NEW YORK, Nov. 7.—Foreign ba: silver, 67%e; Mexitan dollars, 52%4¢c- ‘country on the Rotterdam after tour of inspection through Russia. Mr. Hillmay said it was generally agreed In Russia that the soviet gov- ernment was established and that from his meetings with Tenine ani Trotzky, he wus convinced that the soviet leaders were thoroughly in earnest ‘about their plans for eco- nomic development of the country. Hoe painted an optimistic picturo of conditions in Moscow, saying that a ST Money. NEW YORK, Nov. 7.—Call money, firmer; high, ruling rate, 5; sing bid, 544; offered at 6; last Ioan, Time loans steady; 60 days, 5@ 5M; 90 days, 6% @514; @5%. 5 Prime mercantile paper, 54@5%. Foreign Exchange Irregular. NEW YORK, Nov. 7.—Great Bri- ain—Demand 3.93%; cables 3.94%. Sixty-day bills on banks 3.90%. France—Demand 7.31, cables 7.31%. Ittiy—Demand 4.20, cables 4.2014. Belgium — Demand 7.07, cables 7.07% Everybody has found out that it is advisable to ness.’ When you think of pure food think of our bread and our pastry and you'll be thinking safely and sanely. Order it by name. : 108 North Center Street Near the Wyatt Hotel © cables | Iron—Steady; No. 1 nortbern, $210) 22; No, 2 worthern, $20@21; No. 2/ suthern, 2 ' | Zinc—Steady; East St. Louls deliv- seven other officers of t! ENDINANARGHY = Russians Agree That Soviet Is 7.—Rellet that groups gave way to pressure during/an overthrow of the ‘Russian soviet jead grere ito anarchy and wild disorder was cx- ure! pressed by Sidney Hillman, president! Car,lof the Amalgamated Clothing work- pre-lers of America, on his return to this ‘aoubie the number ling eagerty received und that be bo1/ | not heard one word of comp'aint ot| the service. } ’ Several Nurses | Scheduled For Return to U.S. COBLEN= Nov. 7.—(By the Asso- ciated Press}—Seven women nurses | ranking as second lieutenants, and American forces are included in tors ders to return to thé United States . also have been made to) oe ce ae ee The H. E. Grude Corporation } | | \ Is Now Issuing Stock to New Purchasers. bought in amounts from $50 up; at $1.00 per share. This Stock Pays 50 Per Cent Annual Dividend 1, 1922, to Stockholders on Record December 15,1921 institutions. ~ H. E. Grude Corporation Casper Realty Office, 108 S. Center Phone 381 WE ARE OFFERING FOR SALE Wonderful Bargains in Second- Hand Building Material way for the new Lyric Theater. Apply Charles Shoblom AT WEBEL BUILDING Building Materials — sapply your wants in high grad¢;um- ber and builders’ supplies. Rig tim- bers a specialty. j ee _ KEITH LUMBER CO. - Phone 3 CALL 875-J For Disposal of Garbage, Refuse and Night Soil meeting today include: W. D. a ‘Weathers, president; Ben Hunsaker, * Ogden, Utah, vice-president; H. R. The City Robinson, Dickinson, §, D., second Chamber of Commerce Bldg. cewoece We're Ready To move your household goods, We specialize in haul- ing furniture and pianos. Baggage and any kind of hauling. We are prompt. and we give a guarantee on $ all our work. Going Up Again. A Wyo. one deep test. | Burke-Templeton Oil Co. i. I) Shares 14sc Now 4 INVESTMENT was f{inlehed about two weeks Better Get in Now! N&% NW14 Sec. 6, Twp. 46, R. 63, Weston County, Deep test to start soon. 13 shallow wells and Write E. L. Burke, Set’y-Treas. Room 19, Townsend Bldg. Stanley Overbaugh, Prop. Phone 74-J « CORONA Weight 6 Pounds and constructiv at 8 o’clock. > ROYAL STANDAKD We kent and erat fe Rent and Repair REBUILT MACHINES Sa if Destred CASPER TYPEWRITER , EXCHANGE George J. Heiser, Prop. 112 East Second Phone 856 Over White's Grocery . lc [Political Advertisement.], GRAND RALLY and Mass Meeting of Voters America Theater TONIGHT at 9 o Clock EX-GOV. B. B. BROOKS WILL PRESIDE Capable, representative citizens will give instructive e talks. We have delayed the hour of our meeting so that those who wished might attend the Giblin meeting in the Iris Casper Party --BLACKMORE Ticket Headquarters—405 Oil Exchange Bldg. Phone 1184 OPEN_DAY AND NIGHT 128 East Second Street Basement, O-S Building We still have some stock left to offer which can be Payable Quarterly. Next Dividend Payable January This company“does a general investment business, owns and operates apartment buildings and is des- tined to be one of Wyoming’s strongest investment The Webel building is being demolished to make ‘We are equipped with the stock to PEERS SPREE ERED ED PPLSEPEROEEEEOEOEEE OE HOSE DOE ie