Casper Daily Tribune Newspaper, November 30, 1921, Page 7

Tosaae loose in a 10-da: Meld at This elaborate display of EAT PRIGES Foreign Quotations Affect a Prading, Deliveries to Be Heavier. ‘CHICAGO, Nov. 30—Weakness in wheat value prevailed during the sarly trading today. The fact that for- vign quotations were lower counted as & beariah factor, and there was a pos si of lberat deliveries here to- morrow. Socian the declines, however, Ieee developed owing more or to Pdi Wrokad art — conditions were even worwe than ih gr Opening quot- 9 which varied from unchanged to 1%0 off with December 0% to $1.11 and May §1.14% to 5% were followed by a moderate something | rom at ete coming —— gucunmneh remem AGAIN SLUMP | Sse ine fi ction test of the district would be under th er considered the world’s erent ier’ sista first Sne'halt of the teld wad thes is he other, Final arrangements for the giant test were The test will be undertaken between December § and 16 in one district of | Ma: the field and between 20 and 31 {mn the other district. These dates are definitely set and will be ob- served t6-the hour unless extremely cold weather or other disturbances in this vicinity make it impossible to make such an undertaking fair test of producing possibilities. The announced object of the test is] 8 to determine the actual production for future pro-ration arrangements and to determine to what extent the oil pro: eng can be handiod at the refineries | Wyo-Kans oerne following communication oer in the fields and addressed to the producers in this atatrict is nett explanatory. “tn order to secure as accurate a basis as possible for new prorating reg: ulations covering ‘acceptance of crude oll in the Salt Creci field by the pipe- line department of the Midwest Re- fining Rene Oh rd per cent of the ‘ofl for @ period of 10 days will be run Ryser the pro- prorating reg: “For convenience in making such a test the field has been dtvided into two nossible ending December 81, 1921, 7am. “In order to get an Tom Bell Royalty.._ Western Exploration _ Wind River Ref 1 1,40 00} announced from EXCHANGE, + 911400 $111.50 24.87" 23,15 Lt) aaieot 45.12 Pan-American Pete +. .61,75 ~ 5113 . A, Steél S287 83,75 3 ana) * 130.12 CHANGE. 93,99. % 709 Fourth 4%e 06 Victory 4%e WYOMING chUDS GIL MARKET. week of November 1 WARKET GOSS AND FIELD NEWS CRUDE PRODUCTION SHOWS GAIN The week which ended Novemt November 19 saw an increase in ‘|daily oil production in the United Sta’ f 31 arre! "|The daily increase was from 1,262 yee ik Mag i erage for the Preceding week to. ,200 barrels, the daily av- 1,294,160 barrels for the Of this ete the Mexia, Texas, field accounts for a 00 barrel gain, Big Mi 300, : te rfc be be resumed on the company's wildcat Gasin 100 barrels. The Laram! trict lost 400 barrels on the daily av- rage and all other fields of the state ost 950 barrels in daily yield. The comparative report for the Mon- {ana and Wyoming fields follow: Uf se parciet 500 Grass Creek —--.-- 4,200 1,800 and/sands of acres with min To Complete Winifred Test. An officer of the Kansas-Montana Olt company states that drilling is to on 18-21-18, Fergus county, Mont., early in December. This well was started two years ago and was the first oreration in the coun! ndwas in- tended a & test of the initred dome. g,|It-was shut down iset August at 855 feet with some-vait water tn the hole and the company. reported finan. claily unable to complete the. test. Funds are said to have been provided eral reserva- With the work of re: two at the Standard sF announced yesterd. Two Authorized Early i in Year Ath. lacing the atills on batteries one aaa et ant here completed recently it was . that an appropriation had been made =f — Obregon Considers Invitations. MEXICO CI | Obregon 3 co: o visit Texas Germany — Demand .13%; also for renewing all worn parts on batteries three, four and 43| five, which included replacement of all boilers and stills in this division, the quarters. . No special eftert will be made to work on the replacement orders and the work in all probability will be strung throughout the winter sa a Sil fn to maintain the present forces whenever work in other parts of the plant leta up, The new replacement order means at upon completion, 50 stills com: ‘The replacement order will also see the destruction of some of the old tandmarks around the 1 bes. grown from a med tion to” one of promi: nce in the renuing industry In a few short STANDARD METHODS ARE INTRODUCED INTO NEW REFINERY DEPARTMENT Staydard Of! company efficiency methods here been introduced into the lubricating department ef the old Midwest Refining company. the recent visit of D. J. Paskweltz who ais charge of the filtering and lubri- at hiting nant of the Indiana com- 3 ane methods in handling the lubricating plant have now become ef. ctive. Mr. Paskweltz stayed here for the past week directing tho install ation of the new principles.” He witil leave tonight for Salt Lake City whe he will visit the plant of the Utah Ol and Refining company in the interests of the Standard company. et Columbian Pact Not Ratified WASHINGTON, Nov. 30.—The Col- ombian congress adjourned yesterday | new high records, the second 4s rising without completing ratification of the|96 cents per hundred dollars. the] money opened at 6 per cent. © department was advised today treaty with the United States, at in a dispach from Minister Hoffman Philip _at Bogota. The » appwopriation for the work has just been through [te EUROPEAN OILS FEATURE MART ‘CHICAGO SPECTACLE FIRM MAKES STARTLING OFFER and six 5 Pri | Royal Dutch Shell Active wai —* ‘ A With Losses in Some M Gend Handsome no American Issues. NEW YORK, Nov 30. Invest- ment and speculative conditions on the stock exchange became. more clearly defined. today. Bonds eontin- ued to strengthen, while the general | share aa under continuous pree sul es, of steeks approximated $00,000 shares. NEW YOR! European is were tho strongest shares at the et of today's stock market session Dutch and @hell Trarsport rose gontrant! to | headaches Filled, very bai and should Inst = Officers to Combat Violations ‘ by Prosecution of Suspects | } send ar Amome al simp Petroleum which lost 1% Classed as Unde- per sath pays adeeor vy Inngth points, and the heaviness ‘of General 5 ot time you have been wearing ia tasaseenl tre twere, Mcrae his Sem (toate io token caste bone ginases at once by prepaid parcel post, to use and wear for ten days free. If | you are satisfied in every way and want to°keep them, you are then ‘to pay the small charge of $2.95, other- wise return the glasses and you ere equipments, motors and sugars Indicated lack of support. Sears Roe buck was under further pressure with some of the miscellanequs specialties, Announcement that the United States is to be represented in the proposed Following have been through t the campaigns whi hed here’ recent rted actton of cou: ty authorities headed by Sherift Joe L. Marquis and M. W. Purcell, coun ty attorney, operating tn conjuneticn t nothing. meeting of Eurepean bankers to stabil-| with state law enforcement agencies, a Sag at poet (igi: OAD Ok aes ze international credits strengthened | new plan i# now in process hera which | 1. “win enclose tie glosses. Inn the early foreign exchange market,|it is thought will rid Casper of unde beautiful, velveteen-lined spring-back pocketbook spectacle case, which is to bo yours free of all cost-—Ady, especially sterling, franc and, marks, Rails were tho only shares to show'| fictently cautious to Keep themselves any stability during the morning.| outside the clutches of the law. Mexican and domestic oils sustained|, ‘This campaign will bé undertaken | further losses and numerous special-| with the state vagranty lav ties, notably International Paper, Na-| Under the terms of this ac | tional Biseuit, CorA Products, ited|sons of questionable reputation who| Drug, Sumatra Tobacco and Associ-| have no visible means of support will ated Dry Goods fell 1 to 3 points. Un-|be hialed into county court and tried. fon Pacific, Mercantile Marine prefer-| Conviction will automatically mean red, General Electric and Sea: Roe-|@ jail sentence for the person ar. | buck preferred were moderately | raigned. strong, but, prices in general react le residents who have been suf. All Local Oil Securities Bought, Sold, Quoted The first steps in this cleanup have|| grocks Sold on Time Payments before noon as fresh pressue was dl-| been taken by riff Joe L, Marquis rected against oils and equipments,|who hag alr placed a number of All liberty bonds exceptiong 3448 made| persons under arrest on tho charge|| BH. V. Wales & Co. besides giving \many.. other undesir ables an opportunity to leave tewn to avold prosecution. | | The next step in ridding court rec- ords of tho cases placed there und Call 510 California Building 87 ler imp. injunction 20,—Coppen- for driving the hole on down to the be: dottoin of the Colorado formation. The D\\cotm :eand ts expected -within the next 100 feet. Total, Wyoming ----51,700 Gat Creek —_________. 5,100 Total, Wyoming and Montana ~~_.__-_..56,800 Livestock Mart | | CHICAGO,-Not? 30.—(U..8. Bureau of Markets)—Cattle — Receipts, 000; better-grades beef steers and fat ' tock ‘aul, ‘mostly 260 ‘higher; : grades and other classes steady to strong; bulk beef steers, $6. A fat cows and heifers largely $3.60@ 5.75; Canners largely $2.7! bologna bulls, Frannie Test Near Sand,’ Deep test being drilled ark Oil and Gas company, on day test of any such well will be made and the last 24 hours production will be taken as the settled production of such well for another 60 days, when a further and final|test for three days will be made, using the last 24 hours production as the prorating basis vnti} {t hecomes necessary to take.another general test of the producing wells ta tho field c prorating regulations will be formulated and published as soon. 55 poe ASS ee ee foregoing tests. “The earnest and’ sincere co-opera- */ tion of all producers in the field will be helpful in working out a satisfac- tory and successful change of prorat- ing basis.” a GAS GOMPANY ELEGTS At the annual meeting of the Ex. Ploration Ol! and Gas company held Tuesday afternoon in the Consolidated Royalty bullding the following officers were elected: President, J. I. Marquis; vice pred: dent, P. C. Nicolaysen; treagurer, A. J. Cunningham; secretary, Gil H. Woot- ‘bees gentlemen, with Patrick Sul. and .B, N. Beol.of Casper and P. J" Quealy of Kemmerer constitute the board of directors. 5 Tay a HR pa Clever Sewaly ite Cs. 0-8, Bae FOUR COMPLETIONS REPORTED BY MIDWEST DURING LAST WEEK The Midwest Rafining com company’ co: the Salt Creek ficid during the past wee! bave a err production of ap} near county, six miles south of the Montana line and just east of Ec Basin, is be- low 4,010 feet making it one of the deepest testé in that part of the state. This well was reported down 2,800 feet in October and to be making con- siderable gas, Danker et al. drilled a well on this dome several years ago which opened a large flow of gas. The Transark company is jointly owned by the Transcontinental Oil <capany and the Arkarisas Natural Gas company, both of Pittsburgh. BALTIMORE, 20,000; market than yesterday's 3 opened fairly active, later + top, $7.10 for light Hghts and und averages; bulk, $6.85@7.05; igs steady to 1c higher; bulls desir- ables, $7@7.20, Sheep—Rocelpts, 16,000; market ac- tice, 160 plgher; top western lambs, $10.40; bulk lambs, $9.75@10.25; 7 Per Cent Preferred Common Nebraska Tests. The Lakeside Davelopment company N siderable gas at 1,! 970 feet in @ 16inch hole Deing drilled by a rotary, Dividends 7 per cent regularly on Pref 6 per cent Cash dividend paid on Com: 8 per cent Cash dividend paid on Com 10 per cent Cash dividend paid on Com 20 per cent Stock dividend paid in 1916 12 per cent Cash dividend paid on Com 20 per cent Stock dividend paid in 1920. @ ; cows and heif- ers $4.25@5.! 00; calves $6.00@9.50; bulls $2.00@3.00; stockers and feeders $4.50 F, J. Woodward with a scientific’ ine strument. Woodward's location also was approved by geological stiviook. The well entered a Plerre shale at 1,630 feet. A welléritiing near Rushvillé, Neb., was reported in last week with a pro- duction of 1,0%0 barrels. It 1s under- stood that this weil has been standing for some time and has a good showing of oll but nothing like what is claimed in the dispatches, ——d Royal Dutch Operation. Montana papers state it is believed locally that Royal Dutch-Shell inter- MEN WHO FOUND TIRE FINED S50 I GOUAT Prominent Oil Man Found Dead | FORT WORTH, Texas, Nov. 30.— Jack Sankey, prominent of! man, for- merly of Tulsa and Los Angeles, was found ~dead in his apartments at a local hotel here this morning. Police said he had killed himself by shooting. He was one of the successful operators in the west Teras oil fields. syndicate is financed in Chicago. and no publilc offering of stock has pera made. Reason for suspecting Roy: Dutch affiliations is that ‘Von Hagen, formerly geologist for that organiza- tion, spotted the well. It is located Qn 2114.28, ten miles southwest. of |) Cat Creek and is drilling in the red beds at around 2,340 fust. The syn- dicate has 7,000 acres surrounding the test. Test Right to Reserve Mineral _ Tri-City Oil company filed in the GRATIOT & Investments a Midwest Building Denver Mexia Oil Bought—Sold—Quoted; leted gia wells in ye of which will 1,600 barrels The Statements Contained Herein, While Not ¢ curate a Mable. district court at. Winnett, Mont.,,an sayiend two others which were led fot the sand but not lan. toh iiumnotion cemebine ing John B. Weber et al. from inter- et No. 83-A was completed November 25 on the south- | fering with the company entering up: quarter of section 30-40-78 at a] feet. Rhee a test was made. jon and drilling on 9-11-24, Devil’ T B (3) ti d) ‘ of 2,295 feet The production . 36-A on the northwest | Basin field. ber is in possession of ¢ o be ontinue shows an average of 442 barrels | quarter “of "ection 8-89-78 Grilled | surface rights through warranty deed into the second sand at a depth of 2,590 feet but no test was made. This well holds the record as a Bo ioe Pro- ducer in the Salt Creek field, These wells were the only oncs completed of a total of three score or. more that are being drilled at Salt Creek by the Midwest company, which carries a reservation of mineral rights to the- Northern: Pacific Rail- road company, Tri-City has secured a permit to prospect for oll, but Weber Yefunes to permit company to enter} upon the land, though he was offered pensation for dameges, Northern Pada tas e0ld eaxtuce rights to thou- a ‘Well No. 3-A. on the northwest quarter of section 2440-79 was com- Yleted at a depth of 1,739 feet with in initial production of 1,111 barrels. Well No. 1 on the southeast. quar- ler of section 34-40-79 was completed bp the second sand at a depth of 2,230 Geologists. ; Oil Field Maps Blue Prints Wyoming & Blue Print P. O. Box 325 Rm. 10, Lyric the n_of the COMMERCIAL CREDIT COMPANY MARYLAND ORGANIZED 1912 $2,000,000.00 1,200,000.00 1,132.858.94 $65,644,469.74 erred Stock. mon, July, 1913, to January, 1914. mon, January, 1914, to July, 1914. mon, July, 1914, to October, 1919. mon, October, 1919, to April, 1921. The Net Earnings Applicable to the Common Stock Were 42 Per Cent for 1920 COMPANY nd Securities Casper; Wyoming Are Gathered