Casper Daily Tribune Newspaper, July 7, 1922, Page 10

| PAGE TEN WMPKET GOSGIP AND FIELD NEWS IRIE SHOWS $33,777 EANINGS At the annual meeting of the Marine Oil company to be held here-tomorrow, a very creditable financial] statement) American will be submitted showing the status of the company as of | American This statement shows total assets of $487,617.73 June 30. with deferred lease payments of $30,000.00 outstanding. Oil and gas sales during the six months’ period from January Ist totaled $ 636.57 and net earnings for that ne of $49, During this period ends of two per cent were paid 1 and May 1, totaling saving a surplos of $33,- on Fet 90 Feet in the Sand The sand has been penetrated to £90 fe the Five Tribes n 19-40. Creek, to be heavily saturated. the top of the cas- be shot and it is at least 500 bar- ion is completed. Torrington Well Down 3,660 Feet. cit Wyoming test well on {s,making prog A sand which was found | h have been be continued ion of finding is up for a test of Guernsey nm as some additional materi: s will be spudded in. Derby Done Well Shot. C. BE. Winter who has re ed from a trip to the Lander dis- t reports the successful shooting of well No. 6 of tho Derby Dome Wyo- ming Oil company on the north half of section 4-31-98, fifteen miles south of Lander. The showed a flush production of 150 barrels but will probably settle to about 75, ths aver age for that field. Rapid development is planned on the Dunne lease, ing section 4 on the south. ‘The pipeline from this field to Wyo- po on the Northwestern is now in op- ation and the ofl which is black is ow being shipped here for use in the local asphalt plant of the Standard, One of the interesting sights in the Dallas field near there is the De La- val hydrating machine which separ- ates the water and sediment from the crude as it conto from the wells. The Derby dome oll is free from water con tent and this process is unnecessary in t field. now being adjoin- Mosher Syndicate Cementing No. 2. Mosher Salt Creek syndicate-has ce mented well No. 2 on the southwest quarter of section 19-29-78, Salt Creele at 2,687 feet, and will drill in about July 17. Material is now being moved to the field for well No. 3 which will be an offset to No. 2 on the east, and drilling will be started soon. Fire in Baxter Basin. A bad fire occurred at the test well of the Midwest Refining company in Baxter Basin, 10 miles south of Rock Springs on Sunday, painfully but not seriously burning the driller, Charles A. Danne who is now in the Rock Springs hospital and who will proba- bly be confined there for a couple of weeks. The fire was started by some un known cause, but believed to belfrom static at 3 a m. and the derrick was burned to the ground in a few minutes Through the use of a steam line the fire was extinguished late Tuesday afternoon and a new rig is now being} built for further drilling. This well | has been delivering about 2,000,000 feet of gas daily for the past three weeks. Western States Report. Western States Oil and Land com- pany reports the completion of well . GAS on the northwest quarter of hhwest quarter of section 5-39. Creck. Production was ¢1 countered in the second sand at 2,345 feet and the well is delivering 250 bar- rela. Rig and camp are being built on the northwest quarter of section 17-39-78, on a le purchased from the Mc Kinney Drilling company of Colorado ring No. 29AX wil be spudded in the first of the seek. 17AX on the same quarter is at 200 feet. 0A on the northeast quarter 5-39-78 is drifting at 1,000 No. of sect The Rotten Grass test on the south- west quarter of section 28-7-33, ten miles the Soap Creek field in Montana is drilling at 2,300 feet. It is expected that the producing hori- zon of the Soap Creek field will be found in this well at from 2,200 to 3,- 400 feet. Well No. 7 on the southwest quar ter of section 34-6-32, Soap Creek, is cemented and will be drilled in some next week. Will Abandon Hole. uing its hard luck in wiiicat s in the state, the Carter Oil ports Kocherhans No. 2 on Big Horn county, a 48 fept. Casitig is now and the hole will be aban- nm for cemenf to set at southwest quarter of ter section 17-39-78, shut for pump to arrive. northeast q down w 5 ater Problems in Cat Creek, Wyo. Cat Creek oil field made by the bureau of s that at present the vy small, although this field wells n sands expected = May two wells east of dv from the Cat Creek field from govern saately 128,252 barrels. ing April. Water Problems in aC Creek, A Survey of the Cat Creek oi) field mines, shows that at present the wa- ter produced is very small, although on permits east of thir field wells drilled found water in sands expected to produce oil. During May two wells were completed on government land in this field, five wells were being from the Cat Creek field from govern- mately 228,252 barrels. This is 188 barrels less than was produced dur- ing April. WHEAT WEAKENS EARLY DEALINGS for Corn ard Oats Easier; Hog Values Firm. CHICAGO, July 1.—-Wheat" showed a tendency to weaken in price today during the early dealings, weather re- ports from the northwest being favor- able for crop progress. Besides, Liv- erpool quotations were lower and con- siderable notice was being taken of a break in foreign exchange, especially marks. declines, however, and caused some thing of a raly. The opening, which ranged from c to 1%c lower with September $1.14 to $1.14% and De cember $1.16% to $1.16%, was fol- initial top figures. Rain predictions made prices for corn and oats easier. After opening Mee to Se lower, September 66%c to’ 86%c, the corn market recovered a little. Oats started unchanged to %c off, September 38% to 38%c and later showed a further sag. Despite firmness of hog values, pro- visions lacked support. seconds 30@31c; standards 35%c. Eggs unchanged; receipts 15,710 cases. Potatoes Stronger. CHICAGO, July 7.—Receipts 30 cars; total United eastern shore Virginia stave- ba: rels, Cobblers No. 1, $4.90@5.10; Nor- folk section North Carolina stave and slat barrels, Supply sacked stock very scarce; no sales reported. Livestock Mart CHICAGO, July 7.—Cattle—Receipis 4,000; market active; beef steers strong; top matured steers $10.30; bulk beef steers $8.70@9.80; she stock firm; bulls 25c¢ higher; veal calves strong to higher; stockers dull; cows and heifers $5.25@7.50; canners and cutters.$2.90@3.75; bulk bologna bulls around $5, with best heavy sau sags bulls at $ $9@9.50. Hogs—Receipts 20,000; steady to strong with Thursday's best time, or 5c to 0c higher than the average; top $11; bulk good butchers $10.50@10.95; pigs 15¢ to 25¢ lower; mostly $9 Pigs 15 to 25c lower; mostly $9.25@ $9.75; heavyweight hogs, 10.50@$10.70: medium 10.60@$10.95. light 10.90@ $11.00; light lights 10.00@$10.85; pack- img sows smooth, 8.75@$9.40; packing sows rough 8.35@$8.90; killing pigs, 9.25 @$10.10. Sheep—Recetpts 18,000; including 9,600 direct to packers; market firm. short deck native lambs 14.00 to city butchers; packer top $13.75 straight; cull natives mostly 7.50@8.00; $8.50 to city butcher; deck fed Cali- fornia shorn lambs $12.50; one double aa 5.55@ 7.00. OMAHA, Neb., States Bureau of Markets)—Hogs— hogs, $9.75@$10.40; top $10.50. to strong; veals 25 to 50c higher; stockers and feeders unchanged. ament land | Sheep—Receipts 3,000; higher; top Idaho lambs Buying became broader on| lowed by upturns to slightly above! States shipments} Irish Cobblers, $4@4.10.| .114.30, with expenses of ¢rilled, and one repaireé Prodhiction New York Stocks a Ee fxr Le Italy demand 4.45; cables 4.45%. Belgium demand 7.504%; cables 7.61. yea | Allied Chemical & Dye . - 69%! LOC.\L ort. STOCKS. | Allis Chalmers .......... - 60% |Big Indian .... 21 j|American Beet Sugar . - @ Boston Wyoming - 89 American Can ....... - 49% Bessemer . a9 | American Car & Foundry ~ 186% | Buck Creek a9 —_— owim merican Hide & Leather pfa.. 70 B/Burke ..... ' i American International = +» 42% | Black Tail 1 Trading Broadens Sho es American Locomotive .. 2 113% | Blackstone Salt Creek 20 Gains to Full Point in | American Smelting & Refg. 62% |Chapyell .. a2 Many Instances. Sugar Le 80% Columbine - 33 39 B Consolidated Royalty . 1.34 aie | American 120% {Capitol Pete . 00 ‘EW YORK, July 1,—Trading | Ameriean 14334 Cow Gulch broadened during the morning for American 90% Domino . that period being the largest of the| per ounce. Money 1% per cent. Dis- Anaconda 53% | Elkhorn week. In spite of foalizing sales there| count rates, short bills 2@2% pet [Atchison . ‘ - 1014 2. T. Wi were many additious to the higher|cent. Three months bills 2% per cent, I maldwinicastemetite Teens = movement of rails. Exceptions in this were eve = group, however, included Union Pa- ment land during May was approxi-|Ba’timore and Ohio This is 18%|Bethlebem ‘Steel “B' barrels less than was produbed dur-;C#nadian Pacific in Wyoming, made by the bureau of drilled, an done repaired. Production} ment land during May was approx: | | | 1 | Rain Predictions Make Prices)» | | | | | | | | | Open. High. Low. Close. WHEAT— July - — ~ 1.13% 1.14\% 1.13% 1.13% |: Sept. - - - 1.14 1.14% 112% 1.12% Dec. ~ ~ ~ 116% 1.17 1.15% 1.15% CcORN— ° July - - - 63% .63% .63% 6334; Sept. - - - 66% .67% 66% .6654 Dec. - - - 66 66% .65% 65% OaTS— July - - - .36% .36% .35% 35% Sept. - - - .38% .38% .38% .38% Dec - - - 41% 41% 41% 141% LARD— July — - - 10.97 11.20 10.95 11.07 Sept. - _ - 1822 11.35 11.20 11.27 RIBS— July. . . 11.40 11.15 11.15" Sept. - -- 11.40 11.07 11,07 Butter. CHICAGO, July 7.—Butter lower: creamery extras 35¢c; @34c; bulk -beef | few | j fed California wooled lambs medium to good $13.25. fat ewes mostly July 7.—(United Receipts, 9,000; generally steady; clos- ing dull on heavies, bulk heavy and, packing grades $9.00@$9.75; bulk good Cattle—Receipts 2,500; beef steers, | firm to 15c higher: top $10.15. year- lings $10.00; she stock and bulls steady lambs 25¢ $13.65. fed five wells -were being ‘clipped lambs $12.50; sheep and feeders {Central Leather | Chandler Motor . = 7h Crucible Steel Erie ahs Famous Play General Asphalt General Electric General Motors . jodrich Co. Wyo, | Chesapeake and Ohio - 68% || Chicago, affl. and St. Paul 28% Chicago, R. I. and Pac. . 44% Chino Copper ....... 30 Colorado Fuel and Iron 31 Corn Products . - 104 t at Northe-n pfd. 80% Tilinois Central - 108% Inspiration Copper Alm International Harvester 10% Int. Mer Marine pfd. International Paper . Invineible Oil Kelly Springfield Tire Kennecott Copper Louisvotle and Nash 49% vitie Mexican Petroleum 2 7 my for Salam! “Conper"s S| Merritt... a American Smelting, Utah Coppe> und] ’oh oa) income taxes, was Middle States Oil. 2 13% Glenrock on. si 17.00 National Lead. Oils resumed thetic against total liabilities of idvale Steel YET bpd drew Garter 12.50 irregular course on the further heavi- Als Missouri Pacifi x 2234 | Salt. Creek Cons. 7 f Mexican Petroleum which re-| Pfo@uction for the year amounted to IN ad eee = 2244 | proa. and Refrs. : ness of Mexican 14,047,293 barrels, the number of wells TYPEWRITER BARGAINS New York Contrai: 96% | Foesen acted 1% pointe. Domestic issues | (200000) onrten’ December al, 122i XN. and Hartford Z 5; 34 | Maatine however, showed firmness. Continu- being. 868. 4 ’ Underwoods, Remingtons, orfalk an: ern .. ditions abroad =i Northern P: ; 1, | Mutual 115.00 | ore Ohccted in wot another new tow| ‘The 3,609,000 shares of the com- L. C. Smiths, Royals. Oklahoma Pi y 223.00 pany’s stock were originally sub- Pacific Oil Pan American Petroleum . Pennsylvania People’s Gas Pure Oil .. 30% Ray Consolidated Copper 16% Reating 76 12 Rep. Iron and Steel. Royal Dutch, N. ¥ Seazs Roeb BRIG Sinclair Con Oil 33% Southern Pacific 90% Southern Railway 25 Standard Oil of N. J. 2.2 186% Studebaker Corporation 134% Tennessee Copper 11 Texas Co. ...... 41% Texas and Pacific 30 Tobacco Products 7% ‘Transcontinental Oil 26% Union Pacitic ,..... 141% United Retail Stores 67 U. 8. Ind. Alcohol .. 56% United tSates Rubber . 63% United States Steel 99% Utah Copper 6435 Westinghouse 59% Wiuys Overland .. ; 8% American Zinc, Lead and Sm... 18 Butte end Superior . 29 Cala Petroleum 64% Montana Power 1 Shattuck Arizona 10% Great Northern Ore . 3945 cific and Canadian Pacific, both for- feiting part of yesterday's advance. Baldwin, General Electric, American Woolen, Pullman, International Paper PACIFIGOILGO. Coastal .., | Lance Creek Royalty tusk Royalty United States Rubber, Allied Chem! Mike Henry. cal. an Uinited .eralt goehalgceaiaee Pas H AS AIG FARNING ountain and Gulf . popular shares to register gains of | Nortwest 1 to 1% points. United States Steel | Outwest hung around yesterday's final price Red Bank but independents, notably Gulf Staies, Five Tribes Pet. Co. Picardy y Riverton Refg. Royalty & Producers. Vanadium, Colorado and Lackawanni Call money 9) Fuel, Midvice/ First Annual Report Shows Jind renewed Into] Net Profit for 1921 to Be ed and renewed inio Sunset .......---- ° next week at 4% per cent. $18,826,146. |'Tom Bel! Royalty .... Ralls gave promise at the active — e | Western Exploration qopening of today’s stock market of] w.ew yoRK, July 7.—The first an- Wind River Refg. adding substantially to yesterday's! nual report of the Pacific Oil com- United Pete ...- bread upward movement. Initial companies, < pany and its affiliated pan: aoe Prices showed gains running from| once the property of the Sot.ihern fractions to a full point for the Jead Ing coalers and several of the grang ers and transcontinental: Steels, equipments, coppers and chemicals | also displayed marked strength under lead of Iron Products, Bethlehem Steel Pacific compan: which was made public today shows gross earnings from operations in 1921 of $30,853,257. The net profit was $18,826,146. Surplus income after deductions [Western Oil [Western States ¥ Ou NEW Yorn CURB CLOSING, Mountain Producers .$ 15.00 imately $25,000,000,000. record for German marks, which fell to the level of .018%. Weakness in the Mexican ofls, Mex- ican Petroleum falling’ 5%, and the Pan-Américan issues 2% to 3% points 28.00 aoe scribed for by the Southern Pacific 18.0 company at $15 per share, giving the company a cash balance of $52,500,000, out of which it set aside $8,750,000 as :¥100:30| caused the market to waver for a| Working capital and with the remain- |Second 4s . . 100.06] time, with Baldwin, Crucible Steel and ponte pdr oo oa ae apts pers riret 4s. ++ 100.48) Coca Cola relapsing sharply. A later | COM)‘ erpeny aracnsiie —— Second 4%s .. + 100.24] rapid climb in Studebaker to 133, the |0f.the Associat wexad the Southern Pacific Land company, Third 4%s ... +++ 100.16] highest level in several years, caused : |Foarth 44s Too.so|Tenewed buying throughout and the|® *ubsidiary of the Southern Pacitie Typewriters for Rent. |Victory 4%s list began to move upward again at | a rapid pace. Standard Olt of Call-| utc in wartous sections of the conn} | OW Field CASPER TYPEWRITER | ‘omnia advanced four points an i Petroleum, Stromberg Car-|‘¥ and in other cases freight runs EXCHANGE BLUE PRINT CO. have been consolidated in an effort to conserve equipment. P. O. Box 325 FRENCH DOLLAR JUMPS. Room 10, Daly Bldg. PARIS, July 7—The dollaz rade a -: Crude Market buretor, United .Fruit, Famous Play- ers, American Ice, Allis Chalmers and a number of low priced railroads dis- played aggressive strength. | fornia | } ++ $1.90 1 Elk Basin 90 Silver. tremendous jump in value over night | Mate Te: 190; . on the Paris exchang?, cpening at |aoenton ‘Dom 1.40] NEW YORK, July 7.—Forelgn bar| 12.75 francs as compared with yester- Rock River Peg] suv 11%; Mexican dollars 64%, day's closing price of 12.26, .while the |Sait Creek io ETS pound sterling sold at 9 francs | Big Muddy abbas MARKS STILL DECLINE. against 54.85. FOR CEMENTING OIL WELLS |Mule Creek NEW YORK, July %.—German| “The exchange market was feverish ' Assures you that the ccment will be placed behind the casing where needed, and cannot become mixed with any other fluid or substance already in the wéll. marks today fel! to the level of 100| and there was heavy selling of francs “ry Tripetty's for expert jewelry re-| for 18% cents, or almost 3 cents per) which were the weakest of the lot. gairing. Tripeny’s 131 8. Center. hundred under the minimum estab-| —— 3 + T7-8t| lished yesterday. Dealers attributed the decline to disturbing economic TEMPORARY INJUNCTION IS " ISSUED AGAINST COMPANIES CHEYENNE, Wyo., July 7.—The Crsc-Lusk Oil company, the Aroya u.wate and the Aurora-Wyoming OM company, alleged treaspassers on a valuable tract of land in the Salt Greek oil field, are restrained, yet not strong; feeding lambs late Thursday $12.00. DENVER, Colo., July 7.—Cattle, re- ceipts 305; market steady; beef steers: $7.00@9.00; cows and heifers $5.75@ 8.50; calves $8.00@11.00; bulls $2.50@/ 4.50. stockers and feeders $5.25@6.00. Hogs, receipts 625; market 15 to 20c higher; top $1 bulk $10.60@ 10.75. Sheep receipts changed; ewes lambs _$12.75@13. 2,500; market un- $5.75@6.25; spring CASPER STORAGE GROCERY 117 EAST SECOND STREET : Phones 97 and 98 © NO HIGHER IN PRICE—HIGHER IN QUALITY ““E PAY THE LOSS” Pelton & Hemry Insurance and Bonds All Lines Room 24, Townsend Building conditions in Gerniany. Foreign Exchange. <a NEW YORK, July®7.—Foreign ex-) change irregular; Great Britain de- mand 4.44%. cables 4.44%; 60 day bills on banks $4.42%. France demand 1.93%; cables 7.94. WYOMING OIL WELL CEMENTING CO. Exclusive Licensees for Wyoming. 234 Midwest BI Casper—Phone 1173 Or Phone prs i Camp, Salt Creek. completely restrained, from occupancy of the land by a temporary injunction issued by Judge T. Blake Kennedy in the United States district court here. That is, the court granted the plea of |the United States government tor 2. |temporary injunction restraining the | defendants named from occupancy of |the land pending a determination of their right to oceupy and develop it, | but at the same time gave them per- | mission to complete a weil they are Yarilling on the area to the first Wall | Creek sand and 75 feet into the sand. Chicago and Northwestern Railway Company TO THE PUBLIC: Casing then is to be set, and the next development in the matter will be the court’s decision regarding whether a permanefit injunction shall be, or shall not be, issued. ——E “Meet me at the Smokehouse. The Chicago & Northwestern Railway Company has sent the following notice to all of its former employes who left the service of their, own accord Saturday, July 1, 1922, and subsequent thereto. ays 5 Ohana Dees “At 10 a. m. July 1, 1922, and subsequent thereto, some of this com- pany’s employes left the service without consuiting or securing permission from proper authority. { Figs SESE on “The extent to which this suspension-of work is executed will automati- 1-Ib. tins..........50¢ 2-lb. $1.00 3-Ib. tins. 5-Ib. tins......$2.50 CUP. Richelieu Thousand Island Richelieu Grape Juice, pin Ocean Pearl, perfect Whit Telephone us your orders. Our delivery service is { RICHELIEU “OUR BEST” GRADE COFFEE A surprising achievement in Cof- $1.50 fee quality. Richelieu Salad Dressing, 10-oz: bottle. Richelieu Salad Dressing, 4-oz. bottle... Richelieu Mayonaise Dressing, 15-oz. bottle... Richelieu Mayonaise Dressing, 814-0z. bottle__.....40c Richelieu Tartar Sauce, 71-0z. bottle. = Richelieu Olive Relish, 7-oz. bottle... Mosteller’s Comb Honey, extra heavy, per frame, 20c Richelieu Grape Juice, quart bottle......__..__..75¢ and careful attention. entire city. Exclusive Agents for Richelieu Pure Food Products. We Sell for Cash or Credit—A Service Store. CASPER STORAGE GROCERY 117 EAST SECOND STREET Phones 97 and 98 cally throw out of employment many employes who are in no way connected with alleged grievances of employes who left theiservice, and further it must be realized that the railway company as a public-servant is obligated to per- form its functions and in order to do so it can no ionger excuse or ignore the apparent unwarranted action of employes who left the service in the manner described. { “In view of the above facts, this is to advise‘that employes who are in service at this time, or who may have been excused from service by proper authority or who report for service at or prior tocommencing time of their regular assignment, Monday, July 10, 1922, will retain their seniority. Those who do not return as indicated herein will be considered as having elected to terminate their employment with this company, and if re-employed will re- turn as new men. : cored We se REPS, “Let it be understood that any of the above mentioned employes-who sus- pended work and who return to the service at or before the time designated have the positive assurance that their seniority rights and pensions will be protected.” x ; it : We are prompted to take this action fully appreciating our responsibil- ity. to the public and to those whom we are now employing. ~ . (Signed) W. H..FINLEY, President smile in every Try a pound today. . -45¢ +20 65c Dressing, 10-0z. bottle, 40¢ —40c -30c t bottle__... 40c e Laundry Soap, 7 bars 50c They will receive prompt efficient 4nd covers the FRIDAY, JULY 7, 1922. EN Our present national debt is approx Repairs and Supplies. 230 E. 2nd St. Phone 856