Casper Daily Tribune Newspaper, April 3, 1922, Page 8

PAGE EICHT TRAPGIDOTER ERECTING TANKAGE GLENROCK DISCOUNTS OIL SUIT The Glenrock Oil company and associated interests have nothing to fear from the suit recently filed against them in district court in Denver by Norman R. Otis and the Plains Oil company, according to a statement issued from the head- quarters of the Glenrock Oil company here today. Otis is suing for specific performance of an alleged con- BOOSTS GRAINS and 80 acres in section 20 in the same Prices Stronger at Opening vicinity. | ‘The statament issued this morning Climb Further on Steady Demand. reported that Otis or his company had no interest tn the lands and that no contract on these lands were held by him. It was further stated that the plaintiffs never had a contract or interest in the land. It was stated also that the case had been in the United States courts at Cheyenne for the past year, having bean dismissed by that court just prior to the filing of a similar action in the district court at Denver. The statement further sxys that the Plaintiffs i the action have filed the suit In an effort to harass the local Interests rather than ‘n hope of Crop damage reports from Kansas together with an advance in Liver- pool quotations, gave wheat prices|,-nieving anything. Simflar tnotics here @ material upturn today during |on other occasions have been attribut- the early dealings. Most of the ed to Norman R Otis, one of the mus damage ots referred to plaintiffs by the Glenrock company’s territory v iutehison. Reports | statement. of at Winnipes at- racted atte: so. The opening, vnich varied from %c to 1 higher, with May $1.32% to $1.32% and July $1.18 to $1.28%, was followed by mod-|3 «cate further gains. Joseph Mf. Fay, Rock Springs, all of Hiousos with northwestern connec: | 36-17-104. tions were persistent buyers of May.| y 04 ‘Trevett, Se hore ok and were ssi dto be conducting a so, cae spread betwoon Chicago an n pee. Otherwise, however, trade was] .A- HL Root, Cheyenne, all of 36-35- light. The market closed unsettled le to 1%c net higher, with May $133% to $133% and July $1.18 to 1.185 W Cors reaponded to the wheat s4- yyance, opaning %c to Sac higher, July 61%c to 61%c and then holding with- in the {nitial range. Seaboard demand wes reported good put no larger purchases for shipment from here were announced. The close was firm, %c to %@%e net higher including July at 63c. Oats prices were independently firm owing to continued wet weather de- ly to seeding. After starting %c to %ge higher, Juty 29%c, the market showed but Iittle tendency to react Gains in the value of hogs led to @ little higher prices for provisions. Cosine Quotations. State Oil Leases Issued. Darby T. Hand, Basin, all of 8¢51- L 3. James W. Rousseau, Cody, all of 1¢- 53-101. 18-16-104. John Park, Roek Springs, all of 10- 17-104, William J. R. McFarland, Lander, all of 36-21-117. F. W. Messimer, Denver, SW% of 16-33-76. Coal Prospector’s Lease Granted. W. C, Barnes and J. 1. Mi . trustee, Lincoln, Neb., all of 36-38-93. Gold, Silver and Tin Prospector’s Lease Granted. 48-69. Wheat— Open. High. Low. Clove. Minheun Opaeeine =~ = 132% 1.34% 1.32% 1. WOT -=Ts" asm 17m 118 | BILLINGS, Mont, April 3.—Joe Montgomery, register of the United SRE eae! ceea. TK States land office at Lewiston, has is- bee 2 ES Lea eu sued the following report relative to July -- 61% ast the oil production on the government 36% 36% «3G lands in the Cat Creek field. Total =) lgstguaneny’ © 38% amount of production on government land for the month of February 10%- 18.75 719.60 barrels, while the government = royalty amounted to 8,884.10 barrels, . or $16,879.96. This made an average = anes aes me red of $603 per day paid to the government and $223 per day to the state. On ac- count of the cold weather and freez- ing of pipes several of the leases were producing only half time. On the placer leases in section 14, town- ship 15, range 29, which well came in on January 14, paid the government a royalty of $1,900 in January and $3,- 389 for the 28 days of February. ‘The production during the month of January on government lands amount- ed to 123,000 barrels, but on account of the price of oil being higher dur- ing February than in January more money was received in royalty. Word was received in the city yes- < terday that the California company Livestock Mart had completed the moving over of the rig at No. 1 well near Armeils and that drilling had again been resumed. This is the location where the com- Prices. pany has had so much trouble with CHICAGO, April 3.—{United States/lost tools in the hole and the latest Bureau of Markets).—Cattle receipts/efforts to recover the tools by the 17,000; slow, beef steers and she stock|/most approved methods failed. The steady to strong; carly top beet steers |rig was moved over same 10 to 12 feet. $8.90; bulk $7.40@8.40; choice steers|One of the company’s automobiles has scarce; bulls and veal calves steady;|been shipped to Devin and {t s under- early sales vealers $8.50 down; mostly|stood that some extensive research $8.00; bulk fat she stock $5.15@6.75;|work will be conducted by the com- bulk bologna bulls $4.256@ stock-|pany’s men in that field. The new ers and feeders strong to higher. derrick for the standard rig on the Hogs receipts 44,000; fairly active;|site of the No. 2 well is about com- opened steady to lic higher; uneven/pleted and it will not be very long later; lights strong; others mostly before the drill will be pounding away. steady to 10¢ lower than Saturday's Resumption of work in the Three-in- average; top $10.50; bulk $9.90@10.40;|One well’ will be resumed as soon as pigs scarca about steady. weather will permit according to word Sheep receipts 19,000; fat lambs! received here from Shelby, the roads opening strong to 2ic higher; fat in the area being practically impassa- sheep strong; trong weight ble, The ‘Three-In-One well is being wooled lambs early $15.50; shorn lamb/| drilled with a rotary outfit that makes ly $14.00; good pound /hole very rapidly, and it is expected ; few head 57|th taan early completion will follow pound new crop native spring lambs|resumption of operations. When the $19.00. rig closed down for the winter the hole was down 317 feet. Omahs Q@ Tho Three-In-One well is located on OMAHA, Neb. April 3—(United|the Sunburst dome, on the east slope States Bureau of Markets).—Hogs re-|of the structure and in a location ceipts 6,000; mostly stronger to 10c|Where it is believed that heavier ‘hy- higher; bulk 180 to 210 pound butch-|drostatic pressure will be found than ers 9.70@9.80; top 9.90; bulk 215 to|on the west side, where the Kevin 325 pound butchers $9.45@9.70; pack-/Wwell is in production. It is nearer the ing grades $8.25@9. |crest of the Sunburst dome than any Cattie receipts 3,700; beef steers|other well yet drillled in the field and steady to 15c higher; she stock 10 to, the Idaho people backing the Three- Se higher; bulls and veals steady;|In-Onoe are made very confident by the to strong. fact that the larger companies are Sheep receipts 6,500; lambs 15 to 25c| most interested in the east side of the higher; top $15.55$; best clipped lambs | field. A ne Three-In-One has" opened offt- $14.10@ |ces at Shelby and is now raising $40,- 000 with which to complete its well and to make ready for its further ép- erations. The syndicate has 4,000 of land, 1,009 on the Sunburst dome VER, Colo, April 3— Cattle |area, 1040 near the Troy-Sweet Grass recelpta, 2,600; market steady to 15c)Well on Gas Ridge deme and 1,000 higher; beef stocrs $650@740; cows |*Tound Sweet Grass. and heifers $5.0097.4¢; calves $8.50@ |, Superintendent Jacobs of the Van 14; 1S 1$2.50@4.00; stockers end |Duzen Oll company, who has been in facders $607. Lewistown, states that tho tanks of Bogs receipts 1100; market steady /b/S © in the Devil's Basin are to ide higher; top $10.20; bulk $9.50/%"! completely filled with crude oil. mane! {Owing to tho bad weather up to a fow Sheep recwipts 2200; market slows Gul any of the oll and pennies wes about stundy; yearlings $12.5013.00;| ice down. A lov of thican eg Donghit lanbe $15.35@15; wothers $10@10-50;/s¢-the well by farmera and etockinen 10.35 10.30 seconds, 31@32c; standards 34% Eggs lower; receipts 29,963 cases; ;@23%4c; ordinary firsts 21% @22; miscellaneous 22% @23c, storage packed extras, 25%c; storage packed firsta 25c. lambs ewes, $5.15@3.50 {who use it for dipping purposes. As Mies SE soon ds the stock on hap? is disposed Aorn has the repetation of being] or, pumping will be remumed. cae ef the healthiest wonths of the! Mr. Jacobs says the coming season ors Of |1s going to be & very active ene in Mase ithe Devil's Bazin section. of a Tt. S. Briggs, Mooreroft, all of 36- lll New York Stocks Ames Chemical & Dye Allis-Chalmers Beet American | American American | American American American premeedr a! 2. American Ti | American | Anaconda Chesapeake and | Chicago, Mit., |Chicago, R I. Chino Copper Colorado Fuel and Tron Corn Products ex div. Crudibig St secs Mrle -+s0..06 Famous Players Lasky General Asphalt . General Ey |Greet Northern, pfd. Illinois Central"... Inspiration Copper . International Harv Int, Mer. Marine pfd. International Paper Ipqvinaibié Oi 1. Kelly Springtield Tire Kennecott Copper ~ Loutsville and Nashville ‘etroleum New ¥ PX. ¥.. N. Northern Pacific Oklahoma Prod. and Pacific Oil .. Pan American P Pennsylvania John B. Sutherland, Casper, afl of/Sears Roebu: U. 8. Ind Alcohol United States Rubber United Butte and Superior .. Cala. Petroleum Montana Power Shattuck Arizona Great Northern Ore . MINORITY STOCKHOLDERS SEEK RECEIVERSHIP IN COURT ACTION » Wyo., April 3.—That the directors of the ‘ who with a single exception also are! directors of the Bair Oil company and represent ownership | ck of the luiter corporation, deliber. the management of the Bair company CHEYENNE, Kasoming Oil company, of 75 per cent of the sto: ately are manipulating for the benefit of owners of which they represent, and to the ruin of the interests of the owners of the 25 per cent of its stock which they do not represent, and that property worth at least $20,000,000 thus is be- ing improperly managed, are startling allegations contained in a suit for re- ceivership for the Bair Oll company filed inthe United States district court for Wyoming by the Omar Oil and Gas company and N. F. Clark of Pitts- burgh, Pa., owners of 25 per cent of the Bair company's stock. Defendants in the action, which is set for hearing April 19, are the Bair Oil company, the Kasomring Oil com- pany, HE. West, J. B Hazlett, J. L. Havice, O. EB. Garrett and George E. Brimmer, H. E. West, who with J.B. Hazlett constitutes the firm of Haz- lett and West, is a prominent o' operator of this city. J. L. Havice is president of the Cheyenne Chamber of Commerce, George E. Brimmer is a prominent attorney of Rawlins. ‘The alleged machinations for con- version of the property ef the Bair Oil company to the benefit of the own- ers of three-quarters of the stock of that company and against the inter- ests of the owners of the remaining one-quarter of the corporation’s cap- italization, were desicribed Saturday by Thomas O'Donnell, prominent Den- ver attorney representing the Omar company and Jackson as “diabolically ingenious,” including among other things, O'Donnell related, the con- struction of what aptly might be call- ed a “trick”, pipeline so laid it was charged that it would freeze up quick- ly in cold weather and remain frozen for a maximum period after warm weather set in. ‘The petition of the Omar company and Jackson is a voluminous docu- ment of perhaps 20,000 words which goes in minute detail into the Mistory of the affairs of the Bair and Kasom- ing companies and other alleged fac- tors in the affairs of the two corpor- ations. It is set forth that the Bair company ts the owner of petroleum tands in the Lost Soldier field of Car- bon county, Wyoming, capable at this time, and for a long time past 80 cap- lable, of a production of 10,000 bar- rels of crude petroleum daily. These holdings, {t is set forth, easily are worth $20,000,000. ‘The directors of the Kasoming com- pany, it is reiated, with the excep- tion of Havice, also are directors of the Bafr company, and Clark is a di- rector of the Bair company. Aside from these exceptions—Havice and |Clark—it is related that the director- ates of the two corporations are iden- tical and, therefore, the same men ex- ercise absolute contro! over both cor- porations. It is for the purpose of terminating this control insofar as the Bair company is concerned that the receivership is sought. Through contracts and other de- % | Salt Creek | Bair corporation, which owner: [related, are represented by the minus- Jers of tho 75 per cent of the Bair jcompany’s stock because these samo jing, but is thoroughly inimical to the |ing 25 per cent of the Bair stock who! |have no interest in the T Che Casper Daily Tritune RAILS ON WING INSTOGK MART |Steels, Motors and Other In- dustrials Also Stronger on Exchange Demand. Oil Securities Furnished by Taylor and Clay ‘ NEW YORK CURB CLOSING Bessemer 21 tig Indian . 37 Wyoming .-.. siackstone Salt ‘Creek Cnappell . Columbine Compass Consolidated Capitol Pete Cow Gulch NEW YORK, April 3.—on the tars % | ont dealtnes of the year the stock mar- ket today resumed its recent advance. New high records were made by va- rious rails and industrials at gains of 1 to 4 points. Sales approximated 1, 250,000 shares. Investment and speculative rafis made further gains later with minor steels and motors. The general list eased only slightly despite heavy Mike Henry profit taking. The elosing was strong. Mountain &\ Gulf Northwest . NEW YORK, April 3.—Last week demand for Mexican and California oils was resumed at the active and strong opening of today’s stock mar- ket. Early quotations for Mexican en ee : Tom Bell Royalty ...- Pacific of] showed gains of 1 to 1% I (pointh. Associated Oil soon rose four Western Exploration . points and Houston Oil was absorbed Wind River Refg. « with several of the low priced tases. ‘ Studebaker and Pierce Arrow contin- ued to feature the motors and Mer- cantle Marine preferred, Davison Chemical and St. Paul preferred were strong. Preliminary foreign rates 7 | were firm despite further political un- s@ttlement arising from the forthcom- ing Genoa conference. Studebaker and United States Steel were among the prominent issues to register new high prices for the year in the first hour. Steél notably Crucible, Yanadium and Nova Scott rose 1% to 3 points. Standard Oil ef New Jorsey joined the strong issues of that group, gaining 3% points. Kelsey Wheel led the automobile shares, advancing 4 points, and Pierce-Arrow preferred supplemented | ast Week's gain. Aside from Canad- 4|ian Pacific and Delaware & Hudson who rose one point each, buying of rails again centered in the junior j Western group, especially Chicago & Altona preferred and Toledo, St. Louis & Western preferred. Call money opened at 4% per cent. Buoyancy of the customary lead- ers, coun'ed with larger operations by various poo's resulted in the best ex- hibition of strength the market has displayed so far this year. Sustain. ed Improvement in the steel trade, the better character of general trade advices and easier money tendencies all contributed to a widespread. de- mand for all classes of stocks. Gains of 2 to 3 points were common, with Some specialties rising even more. Studebfker, Mexican Petroleum, Cru. cible Steel, American Tobacco and Baldwin Locomotive were conspicu- ous in the early afternoon advance. x Western Western You. LOCAL OLL Mountain Producers oil “Fields tate Salt Creek Cons Prod. and Refrs, Marine Mutual LIBERTY BONDS Fourth 4 : Victory 4%5 . Crude Market Grass Creek . Elk Basin ... Lance Creek . Hamilton Dome Rock River Big Muddy Mule Creek The smaller devil-fish swim in shoals, and as they move they change their color according to their sur- roundings. They have another device which enables them to escape when hard pressed. This is the ink bag, by means of which they can pour out a pars fet dark fluid which makes the sea around Silver. them thick and cloudy. NEW YORK, April 3.—Foreign bar silver, 65%c, Mexican dollars 50%c. Foreign Exchange, Firm. NEW YORK, April 3.—Great Brit- ain domand 4.39%; cables 4.39%; 60 day bills on banks 4.8614. France de and Pan-American Petroleums and|, mand 37.82; cables 37.85. Norway de- mand 21.10. Switzerland demand 19.- 45; Spain demand 15.50. mand 442. Poland 76. Montreal 97 1-1 ‘Tin firm, spot and futures 29.37 Iron steady; No. 1 northern $1 No. 2 northern $18.00@18.50; No. southern 15.00@15.50. Lead steady spot 4.90. Zine quiet; East St. Louis delivery spot 4.75@4.50. Antimony spot 4.40. Japanese, 4s . a Kelly Springfield, 8s NEW YORK, April 3.+Call money : firm; high 4%; low 4%; ruling rate 4%; Closing bid 4; offered at 434; last Joan 4% call loans against acceptances 4% time loans steady; 60 days 414; 90 days 4%: six months 4%4@%; prime mercantile paper 4%@%. —<--— VACANT STATE LANDS. The followixg State Lands are vacant and subject to lease: ge 77: W%NE% Sec. 30, T. 32 N.; NW%NEX Sec. 31, T.'33. N.; all Sec. 16, T. 39 N. Range 78: All Sec. 36, T. 29 N. all Sec. 36, T. 35 N.; NW%SEX Sec. 11, T. '40 N. Range 79: NWY%NW% Sec. 36, T. 29 N.; Lot 4, Sec. 18; Let 1, Sec. 19, T. 31 N. nge 80: NisNE%: NE%SNW 6 Sec. 24; E% Sec. 32, T. 31 N. Range 8t: All Sec. 16, T. 32 N.; all Sec. 16, T. 36 N.; all Sec. 16, T.| Range 82: AN! Sec. 36, T. 38 N.; all Sec. 86, T. 39 N. 83: All Sec. 16, T. 29 N.; N%NE%: SW%NE%: NWY%SEX? E%SW% Sec. 21; NU&NW% Sec. 28, T. 35 N. Range 84: All Sec. 16, all Sec. 26, T. 31 N.; all Se 40 N. Swift, 7s, 1931 Swiss, 85. certificate issued for delinquent taxes by the County Treagurer of Natrona County, Wyoming, July 3, 1917, on the Southwest Quarter of the Northeast Quarter of Section Twenty-nine (29), Thirty-five (35) N., Range Eighty-five (85), assess- ed to Charles Willis for the year 1916. That I am unable to find said Charles Willis and that appli- cation will be made to the County Treasurer of Natrona County for a/ ‘Dated April 6, 1922 ate ril 6, 22. GLENN G. LITTLEFIELD. Publish Apr. 3, 10, 17, 24, May 1, 1922. | A French engineer claims to have discovered evidence that a great river once flowed northward across the Sa-) hara desert into the Mediterranean, its banks being lined with Prosperous | communities. BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. c. 16, all Sec. 36, T. Range 85: SE%SE% Sec. 7, T. 37 N.; all Sec. 16, SE4%: EMNE%: WRUEES SE%SW* Sec, 36, T. Range 86: All Sec. 36, T. 40 N. Range 87: N%: N4SW\%: SW% SW% Sec. 16, T. 29 N.; all Sec. 26, T. 37 N.;-all Sec. 16, all Sec. os * Range 88: W% Sec. 16, T. 30 N.; all Sec. 16, T. 35 N.; all Sec. 36, T. su se all Sec. 16, all Séc. 36, T. Range 89: All Sec, 36, T. 29 N.; all Sec, 16, all Sec. 36, T. 31 N. all Sec. 16, T. 32 N.; all Sec. 36, T. 35 N.; all Sec. 36, T. 36 N.; all T. 88 N. ks and information relative to leasing these vacant tracts wil! be sent upon request. Lists giving the grazing status of all lands in the county will be sent upon the receipt of 10 cents per copy. ., Address all communications to A. Baker, Commissioner of Public Lands, Cheyenne, Wyoming. Publish April 3, 10, 1922, oo Motor Truck Transportation CONTRACT WORK AND PIPE LINES , We Do All Kinds of Hauling. Largest Operators in the State. LEGAL NOTICE. Notice is hereby given that the undersi d the owner of a tax the 75 per cent of its stock vices, the petition of the plaintiffs sets forth, the Kesoming# company has been given control of the prop- erty of the Bair company, and this property, it is alleged, is being manip- ulated for the benefit of the owners of 75 per cent of the stock of the t is one-man in each instance directorates of the Bair and Kasoming companies. Such alleged manipulation, it is re- lated, is not detrimental to the own- persons are the owners of the Kasom- interests of the owners of the remain- Kasoming mpany. Production from the Bair com- pany’s property has been curtailed, it! is alleged, in order to withhold from the minority stockholders a share of the profits of logical production, and! oil from the company’s Lost Soldier | wells, it is charged, has been con- tracted and sold at an inadequate price, such propedure depriving the minority stockholders, it is charged, of profits to which would accrue to their stock if the Bair company were managed in the interests of all its stockholders and not, as it is alleged it is managed, in the interests of the stockholders of the Kasoming com- pany. One of the methods employed to curtail production from the Bair cor- porations lands, it is alleged by the plaintiffs, is a pipeline from the Lost Soldier field to the railroad, a portion of which line ia laid on tho the sur-| face of the ground and the remainder Just beneath the surface. This method of construction, it is charged, was re- sorted to with the intention that the ‘portions of the line exposed above the ground would ‘quickly freeze up in cold Weather, this preventing the pas- sage of oil through the pipe, while the portions of the line shallowly in- terred, it further is alleged, were so placed in order that after they had frozen up during cold weather the superimposed layer of earth would retard the process of thawing when warm weather succeeded cold, this further preventing the delivery of oil through the pipeline, The Standard Oil company interests are brought into the pleading through allegation that the alleged conspir- acy against the interests of all the stockholders of the Bair company ts in the interests of Standard Oil inter- ests, IIZLILZLLLLLLLLLALALAAL ALLL A ITALIA LLLELLALZLLLL ALL very reasonable. lar prices. over our stock. ment of Trunks and are lower than ever. ——_——>—____. Jewelry and watcn repatring by ex- pert workmen. All work guaranteed Casper Jewelry Mfg. Co, O-S Bldg. yee - HATS AND CAPS FOR MEN AND BOYS. We have just received a shipment of Men’s and Boys’ Spring Caps (the finest we ever had in the store) and the prices are We also have a large as- sortment of Men’s and Boys’ Hats at popu- We invite you to call and look Just received a large ship- SEE US FOR TRUNKS hhh LLL DED LIZELEZLAPLLLLLL LLL «| Richards & Cunningham Co. YOU CAN DO BETTER AT RICHARDS & CUNNINGHAM’S MEN’S DEPARTMENT Spring is now here and our thoughts turn to lighter wearing apparel. We are prepared to fit you out from head to foot at pre-war prices. Call on us and see for yourself what we have to offer you as an inducement to buy your wearing apparel from us. ' CLOTHING We are still featuring the Hirsh-Wickwire Clothing for Men, which we are selling at very reasonable prices. In fact, you can buy any of last year’s Suits at ONE-HALF PRICE, while the newer Suits can be bought at $35.00 to $50.00 for the best. We also have a cheaper line of Suits that we will sell you from $ ] .0O . In case you are very hard to fit we have a large variety of samples from the Western Wool Growers’ Association who use nothing but PURE VIRGIN WOOL in making up their Suits. You can have one of these made to your measure from $27.50 to $47.50, according to the pattern selected. It only requires ten to twelve days to get them and we guarantee a fit. ~ _ Men’s Furnish. Goods We are showing a large variety of Shirts, Underwear, Neckwear, Gloves and Men’s Half Hose at greatly reduced prices. It will pay you to call on us for anything that you need in men’s or boys’ wearing ap- parel. We are-now featuring two good makes of Dress Shoes for men—the Walk-Over and the Bostonian styles— and the prices are lower than ever. We also carry a com-, plete stock of Men’s and Boys’ Work Shoes at popular prices. Call on us for your footwear. the prices ( LE s Experts |] Oil Field Maps, Blue Prints WYOMING MAP AND ye PL SS CP a ™ ——"1] “A ——--—