Casper Daily Tribune Newspaper, December 17, 1921, Page 10

PAGE TEN é BASIN. AGTIVITIES ON INGREAS BASIN, Wyo., Dec. 17.—The Mercer Dome Unit syndicate has been organized tere this week, composed of the unit holders of the acreage ‘~ Mercer dome. The Ohio Oil com- pany has taken over part of the holdings and will drill the structure at once. A rig will be moved from Elk Basin as s0on as a completion is made there which is expected within the next few Gays. The wyndicate ts understood to be negotiating with a California company for the rest of the acreage in the structure which has been favorably reported on by 11 geologists the past two months. C. C, and C. L. Erts of New York Slight Decline Recorded in All Futures but Corn Prices Remain Firm. CHICAGO, Dec. 17—Wheat was easy and unchanged to %o lower at the opening. of the Chicago boar! of trade today. First prices were $1.07% for December, $1.12% to $1.12% for May and $1.02% for July. Some scattered buying strengthened the deferred options a bit but this had only momentary effect and within half an hour the list was down % to Kc from the opening. ‘The report of the northwest grain dealers at Winnipeg showing smaller reserves than expected on Canadian farms had been discounted and had Uttle effect, but there was a small rally at the end of the first hour when weather reports showed no moisture in the dry sections in Kan- was and Oklahoma. © The market sagged slowly in mid- @ezsion and toward the close broke Ye but export conditions and even ing up made a sharp rally and the clone saw December at $1.07%, May $1.12% to $1.12% and July $1.02%. Corn started firm with opening prices unchanged, May being 58 to 88%0 and July 54% O%e. Wet weath- er and seaboard bids were factors. » Corn held {ts position in the face ef wheat weakness wntil the last half hour when it sank bit. Final prices were 46%40 for December, 52% to 52% @%o for May and 5é%c for July. Oates started dull and steady with December 8140 and May 88c. Provisions were generally 2440 low- er, mainly on a weekly trade report that pork and beef prices were reced- tng from advances caused by the strike fn the packing plants. Qlosing Quotations. ‘Wheat— Open High Low Close Bey ——-112%- 1.13 111% 112% Tuly -—1.02%4* 2.03% 1.02 1.02% May 83 bk y S3% 52% July -. 54% bay Bay 54% Onte— May - 38 asy 37% 38% July -—— 88% 88% 23% 83% Pork— ‘ fons ——— ——— ——._ 16,70. Iavi— Jan. 8.52 8.62 8.52 8.62 Mny -——8.95 905 s95 205 Rie a oe Mozy ——— —— — 97.90 Potatoes. CHICAGO, Dec. 17.~Potatoes—Re- eetpts 33 cars; total United States shipments 362; market steady; Miscon- ain sacked round whites $1.70@1.80; Minnesota sacked round whites and Red Rivers $1.60@1.76; Idaho sacked Tussets $2.00@2.15; Idaho sacked rur- mis $1.85@1.90. Butter and Eggs. CHICAGO, Deo. 17.—Butter—Low- wx; creamery extras, 430; @ic* seconds, 29@30 Dgge—Unchanged poses, ad Poultry. CHICAGO, Deo, 14.—Poultry—Alive, Righer, fowls, 14@23c; springs, 21c; turkeys, 88c; roosters, 1534c. Mark Climbs in Value of Rumor Of Reparations ‘WASHINGTON, Dec. 17.—Persist- ent rumors of indemnity postpone- ments hare been largely responsible for the recent recovery in the value of the German mark, according to a cabled summary of economie condi- ticns from Commercial Attache Her- ring at Berlin, issued Friday night by the commerce department. Despite the recovery of the mark, Herring said, no fundamental eco- nomic improvement has been shown in NOTICE TO BURKE OIL COM- PANY STOCKHOLDERS. The Chappell Oil Company, which holds stock control of the Burke Oil Company, will exchange Chappell stock for Burke Oil Com- pany stock upon a basis of three shares of Burke for one share of Chappell. is offer is open until Decem- ber 20, 1921. Mail stock to Chap- za Oil Romany, 702 U. 8S. Na- ional Bank Building, Denver, Colo- 0. Publish Dec. 10 to 20 inclusive. FULLER BRUSHES Read the ads in the Sat- urday Evening Post, Ladies’ ‘Home Journal and Good ‘Housekeeping Magazine. Phone 760-J Examine them in your own home. have been in this vicinity the past few days securine acreage for a syn- Gicate which they are forming. A repert was current here yester- @ay that local holders of a school lease and acreage in the Bonanza dis- trict had disposed of their holdings to ® California company who by the contract will drill immediately. The land in question covers sections 33, 34, 35 and 36 in 49-91 and tn sections 1, ct, 3 and il in 48-91, Paul Stock, formerly of Casper, has established his permanent residence here and ts acquiring acreage in heavy oll structures and expects to Grill shortly, A Geal is reported to have been closed whereby the Wyoming Gas company takes over holdings of Wor- land parties on Neiber dome tn Wash- akie county. A test will be made for gas, three sands being thought avail- able in the Mescaverde formation, one of which is anticipated at 2,900 feet. The Ohio ts Grilling assement wells on the Rausch permit in Oregon ba- sin and as soon as these completions are made will drill a deep test of the field on the Morrison & Taylor hold- ings, which are said to offer the best site for the Embar and Tensleep tests. Rig Up for Test. WHEATLAND, Wyo., Deo, 17.—A 70-foot derrick has been erected on the Colby farm getween Guernsey and Dwyer, and the machinery is being in- stalled with a view t) beginning drill- ing at once, A driller and tool dresser arrived Saturday. This will be the first hole sunk by & concern composed exclusively of Freeport, Ill., capital. Sixteen hun- dred acres in this vicinity have been leased by the outfit. FARGO OIL TEST HOLDS INTEREST ‘What may prove one of the most unique tests ever undertaken in oil fields of Natrona county 1s now un- der way in the well which the Fargo Oil company 1s drilling to the deep sands of the Poison Spider field. Al- ready this well has been carried through the Dakota sandstone which carried water in the field. ‘The sand which was encountered at @ depth of 850 feet, was penetrated with 15-Inch casing. The stze of the hole permitted a tremendous flow of water and for a time it appeared to be an impossibility to penetrate the formation because of the water pres- sure. After 48 hours of steady work- ing however, the sand was penetrated and casing set to shut off the water. The hole at its present size, 15% inches, will be carried to a depth of 1,835 feet, the depth at which lucra- tive producing gas sands are encoun- tered in the Sundance formation. At this point the size of the hole will be further reduced and a 12%-inch hole will be carried to the 3,000-foot level so that an 8-inch hole can be carried to the Embar, Tensleep or Amsden formations, to fully test the ofl pro- ducing possibilities of these sands. These lower horizons should be en- countered in, order between 8,500 and 4,000 feet. Considerable difficulty has already been overcome in drilling the Fargo test because of the size of the hole which is being carried to the lower sands. Three fishing jobs have been surmounted although at times it looked like it would be necessary to abandon the hole. With the difficult surface forma- uons penetrated and smooth aailing expected with the smaller hole it is believed that rapid progress can now be made tn 4rfilling the test. The tools being used in furthering the test after the first reduction in the size of the casing will welgh in ex- cess of a ton. This indicates that rapid progress should be made in pounding through the deep forma- tions. a BANK RESERVES UP. NEW YORK, Deo. 17.—The actual condition of clearing house banks and trust companies for the week shows that they hold $37,039,400 reserve in excess of legal requirements. This is an increase of $26,756,390 from last week. W. F. Dunn Phone 27 HAY, GRAIN AND FEED Best Quality, Lowest Price Industria! Ave. MARKET GOSSIP AND FIELD NEWS [pisses esc Lusk Petroleum ..... 68 Marine .....:. 1.00 Mike Henry . + 08 Mountain and Gulf .. .68 Northwest .. 2 ol Outwest 1 Picardy .. 08 Riveston Refg. ...... 02 Red Bank ... = ee Royalty and Producers .13% Sunset ....0.eeeseeeee 04 ‘Tom Bell Royalty .... .04% Western Exploration 2.60 Wind River Refg. .... United Pete Wyo-Knns 214s | Wyo-Tex [Western Of Fields Western States ...... . Mountain Producers $ 10.62 $ €ve Casper Dally Cridune ‘e by Wire FURNISHED BY TAYLOR & CLAY STOGK TRADING DULLAT START 0.87 NEW YORK, Dec. 11.—Trading in the stock market today was chiefly the secondard rails, miscallaneous in- Oustzials, tobaccos, leathers and chem- ain—Demand 4.17%; cables 4.18%. 7.56. 1 |Week-End Settlement of Ac-} 0.51. Court, that afl persons i: noteworthy for the activity and) . pas pemand 12.75. i the estate of said deceased appear strength of speculative issues and| Mfontreal 9112-16. perere, te eere on strate . january, al Soe trregularity‘of investment —— o'clock in the forenoon of said day shares, Numerous stocks comprising Cétton. » at the court room of the District , tures closed firm; January 1} SATURDAY, DECEMBER 17, 1921. foreign exchanges were irregular, the} ORDER TO SHOW CAUSE FOR ssid deceased at private or as German Tate raliying slightly. THE SALE OF REAL ESTATE. | much as may be necessary; and that a copy of this order be published at State of Wyoming Foreign Exchange—Strong. ss. Pa oar , PE IE France—Demand 1.56%: cables. 1.37.1 cit” ye pistrict Court, Sixth Judi- in the City of Casper, Taly—Demand 4.55%; cables 435. | “97 MATEE Jpelstum—Demand 785%; cables! William Bryant, deceased. oth ausiennigh sceias = lig ecatea | LOWE! the administrator! of December,-A. D. 1921. : ber of the eatate of Willian Broan e-| €. 0. BROWN, Judge. PA ntscessener, 20% ceased, having filed his Publish Dec, 10, 17, 24, 31, 1021, Jan. : vou counts Comprises Bulk = cyanea ibaa, herein praying for an order of sale 7, 14, 1822. é 4 23 of Sales. ‘Demahd 24.65. for all of the real estate of said de- 33 35 Denmark—Demand 19.60. ceaséd for the purposes therein set forth; It is therefore ordered by C. 0. Brown, Judge of the above entitled afl interested in NEW YORK, Deo. 17—Cotton fu-|Court, Sixth Judicial District, in ;March}and for Natrona County, Wyo- me Victory 4%s .. WYOMING CRUDE O1L MARKET. cals rose 1 to 2 points. A few import- ant rails such as Delaware, Kacka- 22.87) wanna & Western, Reading and Le $16.47. 23.12 1559 | actea to pressure against Mexicans, equipments, Pullman excepted, also |lost ground in the latter dealings. The closing was irregular. Sales approxi- mated 375,000 shares. Bonds were dull and featureless. NEW YORK, Deo, 17.—The usual week-end settlement of speculative accounts was indicated by the uneven trend of prices at the dull opening of today’s stock market. Such leaders in Mexican cohol. Preliminary quotations for! ceeding slowly. 18.05; May 17.64; July $17.15; October| ming, in the City show cause why an order should not Se be granted to the said administra- Silver. tor to sell all of said real estate of 47.37 47-25 high Valley also were strong. Oils) - NEW YORK, Dec. 17—Woreign bar + 54.75 5387) opened mainly at higher levels but re-| silver, 67c; Mexican dollars, 61c. Seven swans ue mes OF LAWTON FOR WIND RIVER KILLING Courteous Drivers of Casper, to What could be more Stephen's Taxi i practical for a Christmas PHONE 132 Quick Service WILL CONTINUE WEEK CHEYENNE, Dec. 17.—A week, it an were quoted in the initial dealings|{n anticipated, will be required to com- showed minor gains or losses, Most| piste the trial in United States. dis- of the high-priced domestic and for-| trict court here of George Lawton of eign oils strengthened with various/Lander, charged with the murder of obscure specialties. Coalers also im-|Ivan Sellars on the Wind River In- 40!proved. Lima Locomotive cancelied|dian reservation. The first day of the part of its recent advance, falling 1% | trial, Friday, was virtually exhaust- points. Moderate reactions occurred/ed in the work of securing a jury, ‘Petroleum, Bethiehem|and introduction of -the evidence of Royalty since its organization in the|Steel, Studebaker and Industrial Al-| the government's 25 witnesses is pro- Livestock Mart || CHICAGO, Dec. 17-U. 8. Bureau of Markets).—Cattle—Reoeipts 1,000; compared with week ago: Beef steers mostly 500 to $1.00 lower; medium and good grades showing full decline; strictly common steers little changed; she stock generally 25 to 500 lower; veal calves steady; heavy calves sharply lower; stockers and feeders strong to 250 higher; bulls 25 to 60c higher. Hogs—Recetpts 8,000; opened steady to 10c higher than yesterday's aver- age; closing slow and 10c to 15c lower than early; shippers bought about 7,- 500; holdover light; top $7.30 for light lights; 170 pound average up to $7.15; bulk of sales $6.50@7.00; pigs steady to 10c higher; bulk destrables $7.25@ 7.20 with some at 7.40. Sheep—Recelpts 3,000; mostly pack- ers direct; compared with week ago: Fot lambs $1 to $1,256 lower; fat year- lings 75c to $1 lower; fat sheep 50 to i5c lower; feeder lambs 600 higher. Denver Quotations. DENVEER, Dec. 17,—Cattle—Re- ceipts 200; 15@2§c higher for week; beef steers 5.00@7.00; cows and heif- ers 3.75@5.50; calves 6.00@9.50; bulls 2.00@38.00; stockers and feeders 4.50 @6.50. Hogs—Recetpts 100; strong; top 6.35; bulk 6.00@6.25. Sheep—Recelpts 200; steady; lambs 9.00@9.50; ewes 8.00@4.50; ‘feeder lambs 8.00@8.75. dated ca eate LU CONSOLIDATED T0 PAY DIVIDEND JANUARY 20 At a meeting of the directors of The Consolidated Royalty Oil company held at the offices of the company in the Consolidated Moyalty building the regular quarterly dividend of 3 per cent was declared payable on January: 20, 1923 to stockholders of record on January 15, 1922. This 1s the 17th consecutive quar terly dividend paid by Consolidate~ Se Smashers Do you employe baggage Smashers to handle your bag- wage and furniture? ‘We are experts In moving baggage, furniture, pianos and guarantee our work, SEE BEN TRANSFER Stanley Overbaugh, Prop, ~ Phone 74 GEBO _ Egg, per ton... No. 2 Pea, per ton . Coke, per ton. .......++ NEW PRICES ON Lump, per tons... ..eocewenes cveececea se - $11.50 Natrona Transfer, Storage & Fuel Co. Phone 949 COAL noe ene sew ee ee ee - $10.75 $8.25 + - $9.00 le THE UNIVERSAL CAR NOTICE TO ALL OWNERS OF FORD CARS Big Reduction in Price of Repairing Ford Cars ~“ * We Are Reducing Our Labor Operation Prices to Pre-War Levels. ‘We want to make it possible for every Ford owner to keep his car operating at its highest efficiency at the lowest possible cost. In order to do this we have installed all the latest time and labor saving machinery and equipment for Fepairing Ford cars, which enables us to do a real factory repair job. We also maintain a large force of specially trained Ford mechanics. This service is backed up by a $15,000.00 stock of GENUINE FORD REPAIR PARTS. Every Ford owner should insist on GENUINE FORD PARTS being used in his car. They are made of specially treated vanadium steel. Every Repair Job Guaranteed : ‘We maintain this service for Ford cars only and want every Ford owner to take advantage of it. Our service men will be glad to consult with owners regarding re- No charge will be made for this examination. pair work on their cars. Below we will list a few of the labor operation prices: Overhaul motor and transmission - - $25.00 Replace cylinder head or gasket - - - - 1.00 7.00 8.00 Re-babbitt cylinder block only - ~ - 3.00' You are invited to call and inspect the finest and best equipped Ford _ Overhaul rear axle system - - ~ ~ Rebore cylinder block - - - ~ = service station in Wyoming. ~ EARL C BOYLE AUTHORIZED FORD AGENT 125 to 187 North Center Phone 289 Audits, Financial Reports and Analyses, Income Tax Service and General Accounting. 234 Midwest Refining Bldg. ; WANTED Salt Creek Acreage The undersigned has clients who want to purchase favorably located Salt Creek acreage—also royalty in- 4 terests. Submit offers with complete details to CHAS. A. GUENTHER Consulting Petroleum Engineer, Douglas, Wyo. ° Let us make up those special pipe fittings, headers, Y’s, 'T’s, L’s, etc. We have had several years experi- ence in this kind of work. Estimates gladly furnished. We are equipped to take care of a work in our shop or on the job, ALL WORK GUARANTEED East 2nd and Yellowstone jas. Phone 628.3 ‘Steen & Shaull Welding Co. — MARINE. OIL We call your attention to the investment features of this stock. f Eastern marketing arrangements under Way and we anticipate higher market prices. Extra dividend 2 per cent payable on December 20. Give us your bids and offers. i : a Taylor & Clay, Inc. Oil Exchange Bldg. athe. Casper, Wyo. Phone 9 The Casper Manufacturing and Construction Ass’n. ios. Burlington Ave. and Clark St. ait Announce That They Are Now Engaged in Building | Truck Bodies and Cabs OUT OF THE HIGH RENT DI. AND PRICES PROVE rect Special Attention Given to Repair Work. Telephone ”4¥4°> 1996.J NITE