Casper Daily Tribune Newspaper, December 6, 1921, Page 6

PAGE SIX GILPRODUCTION INCREASING IN. NATION. STILL LOW IN WYOMING Decrease Shown for Week Ended November 26 in This State More Than Offset by Increase in Other States During Period Latest figures of the American Petroleum institute on estimated crude oil production show a slight decrease in the output of Wyo- ming and Montana, as compared with the previous week, while the United States as a whole ens h an eee increase. Wyoming and Montana | Burke Black 10 | Merritt 1034 10.75 Blackstone Sal al ‘43 | Glenrock Ol! ,... 1.25 18? ool Pete 20% tory Salt J Creek Producers . 1462 14.87 Columbine s \Salt Creek Con. ..... 10.25 °10.75 Consolidated Roy, |Prod. and Refrs. 6.00 6.50 Chappell —-— |Conden ...... 625 tea|Cow Gulch | Elk Basin . 37 7. a Cities Service Com. .. 219.00 tT AT sIRE Early Gains Wiped Out on Re-| ports of Poor Demand at | Milling Center CHICAGO, Dec. showed firmn dea! the prev with Grass, Creek off 900 bar: Elk Oats started unc! Basin 600 barrels, Cat Creek 300 bar- higher, May"3$\c and th rels, Big Muddy 100 barrels and Lar- Sa Creek a Httle. Higher quotation barrels daily tral Texas ac rrels of this in- le shows an Later wheat declined on reports of poor cash demand at Minneapolis. Prices closed heavy, 1%c to 3c net with May $1.12% to $1.12% ly $1.01%% to $1.0 a whole jumpe Provisions. CHICAGO, Dec. 6—Butter lower; creamery, 36% @ 43c. Eggs—Higher; receipts, 6,795 cas firsts, 54@56c. Poultry—Altve, unsettled; fowls, 14 @23%4c. 1920. mODeRSION ON GEBO DOME 5 IMPORTANT THERMOPOLIS, Wyo., Dec. 6.— ‘The commissioner of the general land Wyoming and Montana exceed the high record of 1920, in spite of the s;| check on development caused by the depression in crude oil prices. Pro duction from January 1 to November 30 was approximately 8,680,000 bar. rels, and will probably exceed 20,400 0¢0 barrels by December 31. The lat ter figure on production compare with a total of 17,517,000 barrels in —Market wereest ng séd on these figures, ana will produc: product 1921, aga! per “ae! United 3.96 per cent utput of the United States a 1i also pass previous re nduction this year up t 30 totailed approximate? 40 barrels and the total fe + will probably reach. 467,650 against the 1920 record figure of 443,402,000" barrels. ‘This increase in domestic produc tlon would have had a more sus office has rendered a decision in the| tained depressing effect on the crude case of Cotner, et al versus A. A. 18-1041 market it imports of Mexican erig, et al, which involved a large| uae had reached the figures esti tract of land in the Gebo.oll structure.| ‘ated at the beginning of the year ‘The decision holds that ‘Isgrig et al.| metimates at t ime were that were not bona fide occupants or claimants of the Jand involved on Oc. tober 1, 1919, which they should have been, in order to secure a permit un- der relief section number 19 of the leasing act of February 25, 1920, The application of Isgrig is held for re. jection with the right of appeal to the secretary of the inte’ Ition. Up to November 30. approx! It will bo remembe nat the pas-) matety 108,2 $ barrels of Mextcar sage of the leasing bill caused a great| Oi) yw scramble among oil people and ( j dome, which has always been consi ered a very favorabi pecting, received its Alon. There were 23 app! der what is known as sec act, in conflict with Isgrig. Many of the cants protested the Isgrig claim and in ord cerned could present th: case, a hearing was 28, before Ur s @hompson. Sever were held here months, but thi largely attended from 150,000,000 to 200,000.000 barrets of Mexican oil would enter the Unite’ States during the current year. + But the check to shipping during the Mexican export tax wrangle caused a falling off in shipments to thr United States, and salt water invasior is also sald to be affec' produc ‘ o the Unite probable total imports il be about 118 000,000 barrels against 106,175,000 bar reis in 1920. will be issued for land in this field for at s very will 1 The testing anxiously aw: and many of tew th oil fields have the u most | confidence in the outcome of the test er | When made. interest Sevacal-des and watch repairing by ex kmen. All work guaranteed ery Mfg. Co, 0-8 B Phone 27 commissione: Getilensing te || HAY, GRAIN AND FEED ests of the old locators and placea|| Best Quality, Lowest Price upon nd a comp standrd drill. | Industrial Ave. ing outfit and has, since p’ the Grilling outfit.upon the 1 employed caretakers to look after the property, although no actual operation were be sioner becomes final, it will mean an| river ess rs enormous loss to the Ohio company If the decision becomes final ved will no doubt among the other of whom are Therr is not likely ho sl eae and Fords, Also’ One Ford Ton Truck. See Virbel, Phone 1589-J It The Casper Manufacturing and Construction Ass’n. Burlington Ave. and Clark St. Announce That They Are Now Engaged in Building Truck Bodies and Cabs OUT OF THE HIGH RENT DISTRICT AND PRICES PROVE IT Special Attention Given to Repair Work. Telephone 4*%A*? 1096-J NITE E —|Lusk Petroleum Today’s Markets by Wire, FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bidg. Phones 203-204 LOCAL Om -+ 20% 1 Bessemer 107 «108 \ 68 72 Big India a. <4 | Western States ...... 35 40 Boston-Wyoming . | Mountain Producers § 11.13 $ 11.25 NEW YORK CURB CLOSING. Buck Creek Domino ... ikhorn E. T. Williams fS. O. Indiana ........ 88.37 NEW YORE -rOCK EXCHANGE } t Mexican Petroleum ..$112.75 $112.62 on | Sinclair Ot ++ | 22.50 23.86 | Jupiter | Texas Oil ..... 45.37 45.12 Kinney -- Pan-American Pete 51.59 51.13 U. 8. Steel .. $4.00 $3.75 Lance Creek Royalt: Lusk Royalty R Union Pacific R. R. .. 127.00 126.60 FOKZIGN EXUMANUGE, | Marine Sterlin ++ $4.08 Mike Henry ~ peates . oe Mountain and Gult . Marks £ neue 45 Northwest ° : Lire , 430 Outwest 01% 02 Loon am ; 4%% Call money 2% Picardy 08 etvectnns “7 LIBERTY ZONDS. 29 )3%s 8 |First 4s Second 4s 5 |First 4\s ‘estern Explorat 2. 3.00 |Second 4\%s . Wind River Refg. .... 00% 01 (Third 4%s . United Pete z 04 05 |Fourth 4Xs Wyo-Kans. 1.135 1.50 Victory 4%s WYOMING berth ry OIL MARKET. Rock River -. Salt Creek Grass Creek - Elk Basin - Lance Creek Hamilton Dome ~ AMBKET GDcalP AND FELD NEWS PUMPING STATION 15 PROJECTED With the Bolton field in the proven class south of Casper and with several other structures, thought to hold good producing possi- »ilities under active test, the Towa-Wyoming Oil company, major sperator of the district is preparing for the erection of a central ,ower and pumping plant, to concentrate all of the oil at con- cnient points along the right of way of the pipeline which it is sroposed wil) be built in the spring] 20-inch surface hole being opened xy the Midwest company. The 20inch hetc was carried to a ‘The Yowa-Wyoming Ol! company ts! depth of 400 feet, at which point the rilling well No. 11 in the Bolton field *shing job was encountered. The 20- nd this well should be completed in| {ch hole, according to present ar. Short time. ‘The company and as.|Fangements, wil Ibe carried to a depth oclated interests is also conducting| Of 850 feet. » development operations in the| This’large hole will permit opera: die dome a connected structure. tions being carried to any necessary te result of this préliminary de-|depth to determine both the oll and lopment should be known within a/gas producing possibilities of the -w days barring accident. | deeper sands in the Potson Spider ‘The Spindletop and other structures | "¢!4- n the district are also being drilled t this time. 6 ch Dstt atthe Deep Test Is Delayed. J A deep test well which will be iriled in the Poison Spider field by bid aaa he Fargo Oil company, is temporar- baa: ty delayed due to a fishing job to scover a broken stem. __ TERRACE SORREN BETTER TIMES IF YOU HUSTLE “Better times are coming; work will soon be more plentiful, and the wide-awake man in business will again enjoy the fruits of prosperity."” That is what the students of economics tell us, and that is what men of @ big affairs are saying. They know because they can read the signs. We believe them. The wide-awake man! Is that you? The hustler is going to get the best of it because it is not going to be as easy as it was two years ago. Everything came too easy then and most people were spoiled. Now we have to rustle as we did in 1916. The Wyoming National bank never quit rustling since its started in 1914. It has grown bigger and stronger every year. It is sure to become one of the strongest banks in the West, and it wants strong men for clients, to that end. Are you ambitious? Join the ranks of the future greats who do business with this growing institution. Fifty dollars will start a checking account. Wyoming National Bank Casper’s Popular Bank OTRONG AT ‘Stippings ‘and Motor ‘Specialties Also in Demand on Early Trading NEW YORK, Dec. 6—Strength of foreign exchange and President Hard ing’s message to congress were used as bullish arguments by “traders in the stock market today, industrials and specialties making substantial ad- vances. Sales approximated 750,000 shares. The closing was firm. NEW YORK, Dec. 6.—Shippings. coils and motor specialties were con- spicuously strong at the opening of today’s stock market. Mercantile Marine preferred, Standard Ofl. of New Jersey, United States Rubber and Goodrich made gains ranging from large fractions to 1% points. Lima Locomotive fell 4 points or about onethird of yesterday’s gain. Norfolk & Western, American Linseed preferred, Central Leather. . Tobacco Products and Sears Roebuck reacted to further pressure. British exchange made no visible response to the report. ed settlement of the Irish situation, but German marks strengthened de- cidedly and Swiss francs rose to pat, thetr highest quotation in almost two years. Foreign Exchange Strong. NEW YORK, Dec. 6.—Great Bri- tain—Demand 4.08. sermany—Demand .5014. Money. NEW YORK, Dec. 6—Call money, firmer; high, G per cent; low, 4% ruling 4%; closing bid, fered at 5; last loan, 5. Time loans, easier; 60 days, 90 days and six months,.4%@5 per cent. Prime mercantile paper, 5@5%4. 434; of, Metals. NEW YORK, Dec. 6—Copper---Mar- ket steady; electrolytic, spot and near by, 13%c; later, 13% @18%c. Lead—Steady; spot, $4.70@4.50. Zinc—Quiet: Eayt St. Louis delivery spot, $4.90@4.95. Livestock Mart CHICAGO, Dec. 6—(U, §. Bureau of Markets)}—Cattle —- Receipts, 13,- 900; killing classes dull and market nervous; few garly sales beef steers steady to 250 lower; choice yearlings, 310.25; bulk beef steers, $6@8.75. Hogs—Receipts, 37,000; market 15c to 28¢ higher; shippers buying liber- ally; big packers holding back; $7.25 naid for ght lights; bulk, $6.75@7. ~ Sheep—Receipts, 19,000; bulk, $10.50 @11; choice 100-pound yearlings, $9.25. Denver Quota;tons. DENYER, Dec. 6.—Cattle — Re- ~WART OPENING ceipts, 1,100; market steady to strong; | beet steers, $5G6.25; cows and heif- ers, $3.50@5; calves, $6.50@9.50; bulls, suckers gt feeders, $4.50@ lower; top, $6.76; ne. $6.0@6.50. Sheep—Recelpts, 2,200; ~ ARE REVIEWED | tention to Importance of Mexico CHICAGO, Dec. 6—Edward L. Doheny, president of the Pan-Ameri. can Petroleum & Transport company, in an address before the second an: nual meeting of the American Petro- Jeurn Institute today emphasized the importance of the Mexican ofl sources, which he rated proportionately equal He sald this country annually used 110,- to those of the United States. 000,900 barrels of Mexican oil. Edward Prizer, president of the Vacuum Oi] company, reviewed condi- He said the oi] An‘ dustry represented an invested capital of $2,421,000,000 and that $1,795,000,- 000 was Invested in the refiting indus- tions in Europe. try. Walter C. Teagie, president of the Standard Oil company of New Jersey also was scheduled to speak. ——>—_ Although the Harvard Law School three women college graduates have persuaded sev- eral of the Harvard professors’to give is not open to women, Hogs—Receipts, ia “market 10c Pan-American Operator Calls At- | them private instruction in in the same | courses given in the law school. Circulating — Liber” HFORGET All the latest books by the Best Authors _ Think of It! 25 Cents Gives you the privilege of reading your choice of any book in our library. CAN YOU BEAT IT? PLL SAY YOU CAN'T: Come in and let ‘us explain. 222 Squth Center. Phone 1734 Everything in Christmas Novelties. MARINE OIL We call your attention to the investment features of this stock. Extra dividend 2 per 20. Give us your bids an Taylor & Clay; Inc. Oil Exchange Bldg. Eastern marketing arrangements under way and _we anticipate higher market prices. . Is Attracting Hundreds of Customers. cent payable on Decemher id offers. Honest ry Cates, Wyo. AAA We do not know how long. the distributors. sure your getting an Eden. Remember, There Is No Reduction i in Factory Price Purely and sable a big sales plan originated by Eden Distributors in an effort to sell everyone interested in,a washing machine an Eden. this sale will last. We do know that you never will have another chance at such a low price. only obtain.a limited number of machines. You had better phone us your order today. This sale has Latest 1921 Model With One vie ‘Free Seecice In placing your ar for an Eden, you have the assurance of satisfaction or your money “bai Sold on-Terms if Desired Natrona Power PHONE 69 Down Within Every One’s Merchan- | dise for Men and Young Men at Real Honest Reductions. Reach THEREISA REASON Do Not Confuse that pt en eet bay way : This Sale excecded all expectations of A small payment will in- TL. LEARNER 260 So. Center St, Casper, Wyo. oe a ae a O(2Be? 3