Casper Daily Tribune Newspaper, November 21, 1921, Page 8

PAGE EIGH? WRKET GOSOP AND, FIELD NES UNION TO DRILL TEST NEAR CODY The Union Oil company of California, which already has extensive work under way in the Lance Creek and Maverick Springs fields of Wyoming, completed plans for carrying its operations into a new district when it contracted to drill a test well on the holdings of the Park Oil syndicate on Cotton- wood creek, near Cody, Wyo. Drilling troubles have beset Sid ose te Rk “SCORE ADVANCE| ompany will be skidded to a new lo fon and another hole started. Important Test st Saratoga. The Southwest Petroleum company | has selected section 26-18-86 of a struc ture north and west of Saratogo, Ww for an important oli test. Ma-) Petroleum Institute Figures timates of the American Petroleum in- stitute. This figure shows an increase of 2,000 barrels daily over the preced- LOCAL OF STOCKS | Bessemer ... 25 Big Indian .. 35 Boston-Wyoming 3 Buck Creek . Burke Black Tail . ae Blackstone Salt Creek Capitol Pete Columbine .. Consolidated Ro; } 25 1.31 Chappelle . 30 Cow Gulch. az | Domino 08 j | Elkhorn a j E. T. Williams . 30 | Frantz ..-. 2.40 Gates «+. 28 Jup 03 Kinney : | Lance Creek Royalty .04 06 Lusk Royalty ... 03 05 Lusk Petroleum 03 } Marine: .... 1.00 Henry - ountain and Gault orthweat Outwest Picardy 1.90 Grass Creek Elk Basin .— 1.90 Lance Creek 1.90 Hamilton Dome - 1.40 The net income for the nine PRODUCTION O OL INGREASES Show Gain in Country and in Wyoming. The daily average gross production for the week ending Noveniber 5, was 1,192,380 barrels according to the es: ing week, when. the estimate was made at 1,190,380 barrels, Most of the increase was made up tn the mid-continent field which re- ported an Increase of over 1,400 bar- rels. The California field remained scationary with a daily production of 220,000 barrels. The strike in the western field is still reflcted strongly for a standard rig hare been site and work is to be started as soon as the derrick can be : | erected rf ts eM Bulls; Domestic Supply nt from a 500-foot hole re ee on Decline. cant Mead by the company for the | Rigd— * | protection of its leazes. Royalty Sales Prabed. department of the interior ha ken an investigation to dée ther or not the govern celving a fair price for its Salt Creek field vestigation {s tly by H, H. Hit! petroleum ex- ith Decem: ited States bu 9 and May $1.10% artlesville, Okla., and wed by a silght re pervisor ofl and gas nection and then & Gecided fresh | « ed States bureau of the advance, commiss’ ion Jouse Mr. Hill has had wide experience in g broadened out, and a moderate! retinery progress and is intimately jon in prices took place. The ed with Afid-continent con- close was unsettled at %e to iC! aitions, while Mr. Tough has been in net advance, with December $1.09 to] .», arge of the bureau of mines’ work $1.09% and May x in Wyoming for several years. ‘This financing o the corn | work has been chiefly of an operat a geks ing nature. By this combination ay ¥4 high-| gether with the advice of assis | psig eee tied prices! of any other members of the bureau's} Export buying which was said to be ronpaical yser Bee becontakap ean 5 ce = eae eerie tended later to up.| i" from the petroleum industry that ae bo a Uberal eos ‘Sess was nervous| {he bureau of mines has already re ) ea raters earn celved, a valuable report 1s antici a BAY to 4%o. Prin ne Oats were firm tn sympathy with Sat F Piss font lets me sheers palaxis Grade Under Contract. ea So up, May 38@38i%c to S8%0, and). cere Ol and Gas company and Mater afvancing all around. s Crude Of Purchasing com c Siehor hos values tended to|D&ny, the latter owned 60 per cent by =| egtlifacs Ae andard Oil of Indiana and 60 per e tren, pve Sinclair Consolidated corpora y Closing Quotations. ade. te ee ee = gee Ha |chase of the crude oil production of nt jae agar Ay High, Low. Close a Humphreys - Fohs interest in the > 108% 1,09 {Mex field of Texas, according to 2 1io% 111 |Co%: A. E. Humphreys. These inter- c ests are represented by the Hum- 4sy% 49 |PBTeys companies. ‘The contract e a4 ‘s4yj™means that Standard Of will have : control of the largest part of crude a4 (ag. [Production in Mexia. ey 31% eae en a Carter Well Delayed. . 14.05]. The well being drilled by the Carter : tn OU company on the Beaver Valley 8.35 3.35 /28ticline, Weston county, Wyo., ater 375 8.75|22¥in& reached a depth of 2,940 foet ic is pene ae up temporarily by cas. 3 7 7.17|12& trouble. Production is expected b is a doe in the Muddy and at about 3,100 fo : : \ This well is attracting much inter i dar ae due to the fact that it is being dri’ : Gnroduornes: 21. utter—Mar |°2 ® Well-defined anticline less than : wet higher; creamery extra, 43i%o;|2? Miles from tho Osage field where S44 @ite: seconds, S2@33i40.|°! 18 Produced from the Muddy sand foie tenes in) the absence of an anticline struc- Egge—Market higher; rece! Fa are 2 fis parking sane ot opr phcliben Activity in the Osage field has ven Sate, S@sTo miscellaneous s0@ | STestly increased with the advance of , Ste; refrigerator extras, 36% @37c; re-}CS28° crude to $1.95 a barrel. lie Picceater tnate, 85g @ see. ports indicate that many of the com- panies operating in the field are cor i a structing better equipped and more > CHICAGO, Noy. 21. — Poultry —| Permanent camps, and a number of ee Tnsettled: fowls, 12@20e;| 2O™, Wells have been spudded in with 2 eprings, 17c; turkeys, 37¢: roosters,|_" th® last week. iy 1c. Ph 4 With one-third of th ts = © construction : ea Zener eae work completed on the Ohio Oil com- Dull; receipts 94 cere: total United |P@2¥'S line from the Elk Basin field 4 States shipments 706; northern white | ‘© Hulings, Mont., natural gas will be 4 Sateen eterinan iceea meet Araiiable for consumption by the first 8 pay serine apes, of the year, nccording to reports front oh the Montane metropolis. Over 20 me z & Eat oe pe has been laid and other ) rts of the work are wel: * = BrotherofCasper |". Seg oe 5 M With M i | ne aDasin Test 2,300 Feet, a } The Ashland-Wyoming Ol! company 2 an With Marines is down 2,200 fect with ics well south - o in, Wyo., and slow progress {8 oy Made Mail Guard |:vortea at this ievel. oe ma ———— | New Well Projected. * < rest ageit 2 shift foreman|.The ¥- G. Lewis company is pre- * f the Midwest is.in receipt of a let-| Da"1n& tO spud in a new well this week f ter from his brother, Barly. Me.| 0%, te Alkali dome, near Basin, where ir. Namara, formerly of Casper, who has | tiled ae Wal, Stille by the company until recently been stationed Dim th 3.100 feet ‘tive at Maro é Island, Cal., with the marines. eee: Mr. McNamara is one of the first guards to be placed on a mall train in accordance with the recent act passed by congress empowering every | pi Re tesa tpopreride fesierda sinnings of the 1921 cotton crop up to nN mi . ‘as a 72-hour | November 14 amounted to 7,270,575 =e Ga ey 4 to San Francisco. bales, an addition of 625,000 bales in shooter wed #% an expert sharp-|the two weeks prior to November 14, ez the census bureau announced today. An effort is being made to case off this flow and save the hole for deeper drilling. ————___ : Cotton Ginnings. WASHINGTON, Nov. 21.— Total in the total field. ‘The estimated dally average gross wroduction of the Montana and Wyo- ming field was 64,450 barrels as com- pared with 52,350 barrels for the pre- ceding week or an increase dally of 2,100. Salt Creek showed a gain of 2,400 barrels. ‘The @stimate daily average gross production of the various pools in Wyoming and the Cat Creek fleld in Montana, follow: Wyomins— Nov. & Oct. 29 Salt Creek — 33,900 31,500 Grass Creek ~ 3,400 Elk Basin 1,800 Big Muddy -. 4,000 Laramie District - 4,300 All others -_-. 2,050 Total, Wyoming. 49,450 Montana— Cat Creek -_----- 5,000 5,000 Total, Wyoming and Montana. 54,450 Surveying and Locations Geologists Oil Expe-«s Qil Field Maps Blue Prints Wyoming Map & Blue Print Co. P. O. Box 325 Rm. 10, Lyric FURNISHED BY TAYLOR & CLAY } 46 -00% | Riverton Refg Red Bank j Sts Roy. and Pro. . 13 | First 4s Sugset |...-..-- 05 06 Second 4s . Tom Bell Roya! 05 6 jFirst 4%e . Western Exploration 2.65 2/90 |Second 4%s Wind River Refg. ....* .00% o1 Third 4Ks Wyo-Kans 1.40 {Fourth 4%s United Pete .. . 06 08 Victory 4% . WYOMING CRUDB Oli MARKET. NET EARNINGS OF REW YORK OIL PLACED AT $1,435,000 IN YEAR The New York Oil company’s statement just issued shows) net earnings of over $1,435,000 in the 12 months comprising Qctober, 1920, to September, 1921, inclusive. The net figure given includes $500,000 derived from impounded oi] moneyz previously accruing. jably riso to $2 a barrel in the next Wyo-Tex .....0----2e 00% OP Western Off Fields .. .92 ™-“ |Y. OM ....- ~ 36 - 29 Al -$ 11.50 $ 11.75 'URB CLOSING. -$ 11.25 1.37 14.25 11.25 6.25 Western States |Mountain Pro, | NEW YoRK | Merritt Glenrock Of Salt Creek Pro. Ralt Creek Con. Prod. and Refrs. Cosden o. 5.25 elk Basin 7.75 Mountain Producers..$ 11. Cities Service Com, .. 220.00 8S. O. Indiana - 87.50 NEW YORK STOCK EXCHANGE. Mexican Petroleum ..$114.75 $113.25 23.62 45.87 61.50 82.75 c Texas Ol) ... Pan-Tmerican Pete .. Union Pacific R. R. .. 1244 FORZNIGN EXCHANGE. Sterling Call money . sosensee LISENTY BONDS. Rock River Salt Creek - Big Muddy - Mule Creek ——as-ne= 1.85 months ending September 30° 1921, was $831,421.23. ‘The comp: divides its business into five departments—oil, gas, etc.— each of which shows a net profit each month during the last year. The year referred to starts With the sales of fuel gas and includes the slump in Salt Creek crude from January, 1921, when it sold at $2.70 @ barrel to 50 cents a barrel in June, where it re- mained until October 6. It also in- cludes the decreased amount of Salt eek crude oil taken, which fell to 35 per cent of production where it still stands. Since October 6 Salt Creek ofl has moved to $1.40 a barrel and will prob- few months and a much greater amount of of] will soon be taken. The New York Oil company’s gas sales will doubtless increase from year to year. New York Of has substantial in- terests in 125 of] wells and 18 gas wells with acreage t! will support several hundred more wella busi- ness impro SUGAR CAMPAIGN AT LOVELL ENDED, REPORT LOVELL, Wyo., Nov. history of the plant here. mer years. Baggage Smashers Do you employe baggage smashers to handle your bag- gage and furniture? ‘We are experts in moving baggage, furniture,‘ planos and guarantee our work. SEE BEN TRANSFER Stanley Overbaugh, Prop, Phone 74 WE RECOMMEND THE PURCHASE OF LYRIC THEATRE COMPANY STOCK. Van Gorden Investment Company Tribune Building Ah. who can ter: up for it if you do. have built up with group future will be gone. We Keep your insurance i: 427 Midwest Bldg. To Midwest Refinery Co. Employes -Do not squarider the past. You can never make If you drop your insurance the past will be squandered—and the estate that you plan, we worry, and we hope. can not work for the future and squander the past. benefit of your group insurance, making the pai the future safe for you and your lovearanee © ies Let us convert your Group Insurance. The Hal P. Riney Edmonds Knittle, Representing the Capitol Life Insurance Company, insurance, an anchor to the work for the future. We This is right. But we in force; thus securing the ez . Insurance Co, Phone 1728 21,—The sugar making campaign at the Lovell factory of tho Great Western Sugar company ended Saturday night after one of the most successful runs in the The sugar output compares favorably with for- Lise banaobbchaaaeneebeoeeboeecheeeLeeLeeet lett STOCK TRADING 5 UNCERTAIN Hh ; : ¥ i i yi i | S 8 te H E i! i Pressed |Dulk Gestrable 7.00@7.25; i . in Power and|25 to 400 higher; top : gains of 1 to|9.25; culls 6.50@7.00; en good to choice 105 to ‘ lewes 3.75@4.00; heavies ‘ 2.50; top yearlings q ‘uncertain |*°e¢*r lambe here ° aa 1920 Essex Sedan 1918 Reo Touring ~ 1918 Oakland Touring Preliminary foreien exchange rates, Including German marks, were com- paratively steady. The higher prices quoted for refined copper énvited further buying of metal shares during the morning at gains of 1 to 2 points, Mexican Petoleum and General Electric THEFT OF SHEEP FROM BURLINGTON STOGKYID|? «=O ee for call money indicateé a recurrence of last week's higher trend for demand loans. Foreign Exchange Heavy. NEW YORK, Nov. 21—Great Bri- tain—Demand 3.99%, cables 4.69. France—Demand 7.13, cables 7.13%. Italy—Demand 4.18%, cables 4. Belgium — Demand 6.90, cables 6.90%. Med — Demand 88.25, “cables Holland—Demand 85.19, cables 35.25 Norway—Demand 14.22. —— FOR RENT— Garage, 110 North Jack- son street. Switzerland—Demand 18.80. Spain—Demand 18.75. Argentina—Demand 33.00. Brazil—Deinand 13,00. Montreal 9: = Charles Forbes Taylor, known in England as “the boy revivalist,” has been preaching since he was nine years of age. MAN and wife want work in oil camp as camp tender or truck driver and wife cook. Phone 58! —_ It {» eaid that full-grown toads al- ways return to the pond where they | $: wore hatched to mate and to lay their eggs. 11-21-2t Finance Corporation of Wyomin This Corporation, as its name implies, is a Finance Corporation. It deals in MONEY and CREDIT, and its business, is known as Commercial Banking. THE FINANCE CORPORATION OF WYOMING is chartered under the rigid laws of the State of Colorado. By Its Charter It May Make’ Loans on Automobile Contracts and’ Notes, Purchase Commercial Accounts Receivable, ~~ Trade Acceptances, Drafts, : Notes Receivable, and Certificates _, of Deposit * | ‘These are purchased from responsible ‘Automobile Deslen, Merchants, Manufacturers and Jobbers who guarantee payment of them. The FINANCE CORPORATION OF WYO- MING is also permitted to purchase Bills of Exchange and Ware- house Receipts where such business is deemed safe and profitable. ‘ \ (To Be Continued):