Casper Daily Tribune Newspaper, May 23, 1923, Page 9

Che Casper Daily Cribune - Stocks -:- Grains -:- Livestock -:- All Markets HALTIS CALLED WHEAT PRICES IN STOCK RALLY, WEAKEN AGAIN Bull Interests Fafl to Follow|Lack of Export Business Up Advantage in New Brings About Decline in. York Trading. Chicago Trading. Oil -:- Finance -:- Bonds - P.& R. STRIKES OIL - IN WESTON WILDCAT Second Test Well In Northeastern Wyoming to Show For Oil Production This Year Is Located Four Miles From Upton New York Stocks Allied Chemical & Dye—_-__ American Can _ American American American Amerioan American American ‘Oil Securities 63% 93% Car & Foundry...-.-167 International Corp.--. 24% Locomotive ——-.--134 Smelting & Ref'g———— 55% | j;, 84, Sugar 7038 raicaioee T. & T. 121% American Tobacco -—————-—-145 American Woolen -----__. 88 Anaconda Copper -.. Atchison .._. Atl, Guif & W. Indies_______ 19% Baldwin Locomotive 126 - 80 Boston Wyoming ~.._._ .98 - ee «| Inckstone Salt Creek Chappell Columbine =. 144 Consolidated Royalty— 1.38 Capitol PRG. caciowatice 00% Czechoslovak, Rep. Déminion of Can French Republic, i | | Japanese, 48 x“ Producers & Refiners corporation has struck ofl] in a wild- cat well being drilled four miles northwest of Upton in Wes- ton county, Wyoming, according to reports today from New- Kingdom of Belgium, 83 Kingdom of Norway 6a . Republio of Chile, 8s, 1946 State of Qui ind, NEW YORK, May 23.—A susses-| CHICAGO, May 23,.—Wheat aver- tion of the change in speculative! aged lower in price today during tho| castle which gave no details of the new development. oil is said to have been found in the Minnelusa sand and the report states that drilling arrival of company officials from Denver and Casper. If true this marks te second oil strike in Weston county test wells this year, the Skull Creek syndicate having encountered a ‘flow on a struc- New Operations Promised For Baxter ROCK SPRINGS, Wyo., May 22.— An ofl deal of considerable import- ance to the development of the Bax- ter Basain field was completed this week in which Dr. C. C. Clark leas- ed a part of his holding to a com- pany of Salt Lake capitalists. The lease includes locations north of the railroad at Baxter stations and sev. eral sections in the extreme south of the field. This company will be known as the Baxter Basin Oil Syn- dicate and arrangements have been made to spud in a well on a location a half mile north of Baxter station not later than July 15. According to the lease, development work must be started on other locations on the lease during the year 1923. Dr. Clark is sald to have received a sub- stantial bonus for his interest in the locations, as well as a royalty on production. The Producers and Refiners are busy on two locations. -In section 13-17N-104 they are drilling at about Ditching for Fargo’s New Pipeline Will Begin Soon With a camp established near Po!- son Spider by the Hope fng!neering company, it is expected that the ditch- ing machine will be in operation with- in the next few days for the pipe line of the Fargo Oll company from that field to the local refineries. Practically all the engines, pumps and other equipment neceszary has arrived and with the line completed acrosa the river the work will be rushed to com- pletion as rapidly as possible. The phone poles have arrived and this line is now under construction paral- leling the pipeline right of way. Wetl No, 21 on secton 2:33.84 was drilling yesterday at 2,166 feet and the Tensleep is expected at this location at around 2380 or about 50 feet shal- lower than in the well completed some Market Gossip On Operations in Oil Fields Directory Neene@ NEW YORK, May 23.—The Amer!- can Beet Sugar company, nual meeting here elected Charles C. Duprat a director to fill a vancancy | He is secretary and treasurer of the, company. elected. Retiring directors were re- Anaconda Diytient. NEW YORK, May 2!—The Anacon- 4a Copper Mining company declared the regular qutrterly dividend of 75 cents payable July 28. Wells Play Out, PITTSBURGH, May 28.—The stage of at least temporary abandonment of many small producing wells in Ap- palachain fields has alomst been reached by latest price reduction. How much longer a large number of properties wi!l continue to be oper- ated depends part!y upon optimism of owners, Just a* this time many of them are inclined to look back upon viejasitudes of many years and reascn that times are bound to improve. Dutch Shell Production. TAMPICO, May 23.—Production of Dutch Shell interests in Panto has riven until thas ere by fac creatost cers of hoavy crude oll 1 Dex ‘hat small rocdicing wells ere pro: fitable in Mexico; is shown by Fast Coast O11 of., (Southern Pa.jfic) in Panuco, .Most of these wells wer> at SWAN» - UNDERREAMERS BY AT. YOUR SUPPLY STORE BRiccerorT > THE PIPE FOLLOWS” at ie an-| The has been stopped pending the ture eight miles west of Newcastle on May 4. This hole {s now standing with a hole full of both ofl and water and its status has not been definitely determined. Boilers are being re paired before drilling is resumed. Basin District 650 feet. In section 86-17N-104 they are drilling at about 100 feet, The Association Of1 company's well in section 23-17-104 has not resumed drilling yet, They have recovered thelr 10-inch broken joint of casing and are rerunning the entire string. As soon as the string hits bottom the casing will be cemented and the hole will again be in good shape for deepening. The Montacal Oll company is idle | in sections 24-17-104 at 506 feet and 1-16-103 “Spudded. In.” Both wells are awaiting future developments. Their well in section 27-17-104 is partly rigced up ané the company has been given an extension on the leaso until July 1, 4923. The Monta cal well in section 8-16-104 1s 500 feet deep and idle awaiting material to be shipped in by the Inland Ofl and Refining company, The Petrogas Oil company has rig material on the ground in section 7-17-1038 and is getting material hauled to section 1-16-104. time ago owing to its location than in the well completed should be an- nounced later in the week. The out- come of this well is: being closely watched as it fs expected to prove a considerable area in the field which will lead to the deve‘opment of one of the largest dark oil projects in this district. No. 22 on the same section has been having trouble cementing through the gas sand at 1350 feet but it ts belleved that this can be overcome and drilling continued within the next day or two. No, 23 which is known as the “jinx” of the field has a crooked hole at 680 feet which has delayed operations to some extent but this trouble is be ing overcome ang drilling will soon be continued. and Briefs ene time soot producers, but intru- sion of salt water forced their being | pinched in, The company {s finding | thet it pays to handle them and 4 taking 800 barrela daily from wells, which, during boom times of 1920-| 1921, were not considered worth much. Many wells of similar sizo| were plugged. American Of] Interests Admitted. Cable dispatches announce that im- portant negotiations are about to be concluded in London, which would give American oil interests participa tion in Turkish Petroleum Co. in ex: plotation of Mesopotamitn fields. A |new American group, it 1s understood, | will be admitted to a 25 percent in-| | terest on equal terms with an Anglo- | Persian combine, the Royal Dutch |company and French group, Amerl cans, whose identity is not d’aclosed | will be given half of the Anglo. Per-| sitn holdings, which have represented | 50 percent of the stock, under the! plan. Division of control, admitting| interests from the United States, it {a indicated was propted iargely by the recent reward of the Chester con- cession made by Angora Assembly. Wyoming Oil Prices, NEW YORK, May 23.—Prices of) Wyoming ofls at 2 p. m. today were Usted on the New York Stock Dx- change as follows: Boston-Wyoming, 95; Glenrock, 8&5; Mountain Producers. ‘utual, 4; New York, 13%; Omar, Salt Creek, 18%; Standard Ol! . (Indiana), Butter and Eggs CHICAGO, May _23.—Butter, lower; creamery extras, $9%4c; standards, + extra firsts, 38@38%4¢; rconds, 34@35 4c. Baltimore & Ohio -...---._-___ 46% Bethlehem Steel ~..---.------. 5245 California Petroleum Canatian Pacific -.-.. Central Leather Cerro de Pasco Coppe: Chandler Motors ~...-__--_.__ Chesapeake & Ohio — Chicago & Northwestern -..... Chicago, Mil, & St. Paulu pfd._. Chicago, R. L & Pac. Chile Copper -. Chino Copper -—-______ 2 Consolidated Gas Corn Products ~----—-—_. Cosden O!l -------_-_--—______. Crucible Steel ~-—----------. Cuba Cane Suugar, pfd. -----.. Erie oe Famousu Players.-Lasky ------. 74% | Lusk Royalty Lance Creek Royalty Mike Henry ...0 > 01 Mountain & Guilt New York Oil Outwest __. Rea | Picardy Royalty & Producers Sunset ad ‘Tom Bell Royalty Western Exploration. 3.70 General Asphalt ----s—-.---.. 83% General Electric ~.....--.---. General Motors Great Northern pfd. -...-.. Gulf States Steel -. Illinois Central Inspirat-.lon Copper International Harvester -. Int. Mer. Marine pfd. --. International Paper --------. Invincible Oil -~.--~.. Kelly-Springfield Tire --....-.. Kennecott Copper -.-—. Lima Locomotive Louisville & Nashville. Mack Truck Marland Otl 78 PAROMPALT)) Middle States O11 —. Missourl, Kan, & Tex, (new) Missour! Pacific, pfd. ---—-. New York Central ---.--. N. ¥,, N. H. and artford_. Norfolk & Western -—-W--. Northern Pacific Pacific O!! Pan American Petroleum B Pennsylvania -- People's Gas Produvers & Refiners .— |Pure Oil | Reading | Republic Iron & Steel Sears Roebuck Sinclair Con. Ol Southern Pacific Southern Railway --—-. Standarci Oil of N, J.----—--- 34% Studebaker Corporation --—---107% ‘Texas Co, +----- RES Texas & Pacific ~~ = 21% Tobacco Products A ‘Transcontinental Ot] Union Pacific U. 8, Ind, Alcohol -. United States Rubber ---------- 61 United States Stee - 95% Utah Copper TAR SS Westinghouse Electric Willys Overland ----------—---- “6% Amer. Zino, Lead & Sm. uB Buutte & Superior -—--—------ 24% Colorado Fuel & Iron--—-~---- 27% Montana Power ~ 66% National Lead -118% Shattuck Arizona % Standard Oil Stocks Praire Pipe Solar .-Ref. Sou, Pipe —------------ 96 8. O. Kan, ------------~ 42 8. 0, Ky, --—----—---- 86% 8, 0. Neb, -—---------210 8. 0. N. ¥- == 3 8, 0. Ohio -. ae 126 - 66 Crude Market Cat Creek Lance Creek Grass Torchlight Elk Basin ---------- Greybull ---.—. Rock Creek - Sait Creek Hamilton *-.—-— Mule Creek Sunburst - Potatoes CHICAGO, May 23.—Potatoes, dull;| receipts, 69 cars; total U. 8. ship-) ments, 671; “Wisconsin sacked round whites, 90c@$1.00 cwt; ditto, bull, 1.05 cwt.; Minnesota sacked ver Ohios, $1.20@1.25 owt; Minnesota sacked whites, dark, 85c) ‘cwt.; Idaho sacked Rugals, spotted./ 85c cwt.; Idaho packed Russets, un- branded, $1.25 cwt; ditto, branded $1.50@1.60 cwt.; few at $1.75; new stock steady; few sales Florida barrel $1.00 Red | Western States 3 Mounutain Produucers - 53% B; around 25c lower; | $6.00@6.50; top, $7.00; no feeders sold. Zz Of \4.. NEW YORK CURB CLOSING --14.87 15.12 Glenrock Oil -...2-—sa--- 88 90 18.87| 9.50 4.87 11.00 Salt Creek Cons Marine - | Mutual — 8S. O. Indiana Cities Service Com. N. Y¥. Ol Mammoth 151.00 14.00 | 56.00 ---100.88 | Victory 4%s Livestock Chicago Prices. CHICAGO, May 23.—(U. 8, Depart- ment of Agriculture.) —Hogs—Re- ceipts, 25,000; uneven, steady to 100 lower; top, $7.65; bulk 160 to 226 pound averages, $7.40@7.50; 240 to 325 pound butchers, $7.20@7.40; packing sows, $6.00@6,80; desirable 110 to 180 pound pigs, $6.26@6.75; heavy weight hogs, 7.00@7.40; medium, 1.307155; light, $7.30@7.55; ight lght, $6.65@ 7.40; packing sows, smooth, $6.40@ 6.75; packing sows, rough, $5.85@6.50; killing pigs, $6.00@7.00. Cattle—Receipts, 12.000; fairly ac- tive; beef steers, yearlings and butch- er she stock generally steady; some weakness on lower grades of becf steers and butcher she stock; top ma- tured steers and yearlings, $10.75; yearlnigs averaging. 970 pounds; 850 pound yearlings, $10.50; numerous lots matured steers and yearlings, 25@10.70; yearlings fairly numer ulls, strong; other classes steady to strong; stockers and feeders, very scarce; country demand slow; bulk vealers to packers, $9.50@10.50; bulk stockers and feeders, $7.25@8.25. Sheep—Receipts, 8.000; very slow; | few medium to good 72 pound lambs, $14.00; good 08 pound Texas wethers, $7.00. Omaha Quotations. OMAHA, Neb., May 23.—(U. 8. De- partment of Agriculture.}—Hoge—Re- ceipts, 13,000; slow; mostly be lower; bull packing sows, $5.90@5.95; bullc| butchers, $6.90@6,05; top, $7.05. Cattle—Receipts, 7,800; steers, strong to 10c higher; others steady; medium yearlings, slow, weak; top matured steers and long year. lings, $10.40; some heavies held higher; bulk, $8.75@9.75; she stock and bulls, steady; bulk cows and heifers, $6.50@8.00; bulk canners and) cutters, $4.00@4,50; bulk bologna bulls, $4.75@5.00; veals, steady to} strong; top, $12.50; stockers and feed- ers, unchanged; bulk feeders, $7.50@| 8.00. Sheep—Receipts, 8,500; spring} lambs, steady; best California, $16.25; best natives held at $16.75; fed clipped labs, mostly 250 lower;\ best lght, lambs, $14.25; heavies down to $13.00 sheep, 75c@$1.00 lower; bulk ewes. Denver Prices. DENVER, Colo., May 23.—Cattle— Receipts, 3,222; market steady to strong; beet steers, $7.00@9.50; cows) and heifers, .$4.50@8.50; calves, $4.50 @13.50; stockers and feeders, $6.00 7.50. to 15c lower; top, $7.10; bulk, $6.75@ 7.00. Sheep—Receipts, 1,000; market 25c lower; wooled lambs, $14.75 @15.76; | clipped lambs, $13.00@14.00; ewes; $6.50@7.50.. MALS tah ot SS Sugar NEW YORK, May 23.—There was a little better demand for refined} sugar but no change in quotations which range from $9.50@9.90 for re- fined granulated. Sugar futures proximate sales, $6.37; September, March $4.67. closed steady; ap 9,800 tons; July $6.42; December, Silver Spaulding Rose, No. 1, $8.00. oe Jewelry and watcn repai pert watchman; all work guaranteed. | Casper Jewelery .Mifs. Co. O- SBidg. | one point. | hammering incessantly during the re-|to 1% cent lower, with July $1.17% cent reaction made a good comeback, |to $1.17% and September $1.15% Republio and Crucible each opening $1.15%4. Hogs—Receipts, 1,450; market 10c| . sentiment as a result of the federal reserve statement on credit and busi- ness conditions was contained in the! comprehensive rise in prices in to-| day's stock market. Short interest Joined with speculators for the ad-| vance in bidding up prices. Late! selling, however, modified the early| gains which ran one to five points.| Sales approximated 825,000. | NEW YORK, May 23.—The rally which set in during the latter part| of yesterday’s stock market was con-| tinued at the opening today, initial! gains ranging from small fractions to Stee which had been! a point higher and United States| Steel common rising %. Good buying also was noted in the equipment Sroup, American and Baldwin Loco- motive each opening % of a point! higher. Union Pacific, California Pe-| troleum and Pan American “A” also| advanced a point each. French buying coupled with exten- sive short covering resulted in some excellent gains during the first half 57.25! hour, the advance covering the entire | %: list. The formal statement of the ad- visory couc!l of the federal reserve| board setting forth that business con- ditions were satisfactory and that! there appeared to be no reason why federal reserve bank rates should be} \increased at this time, had a favora-| ble effect on sentiment. Heavy pur-| | chases of Shell Union OfI, which ad- was one of the ear-| American ice advanced | % and American Car 2%. Some of the other outstanding |strong spots were Studebaker, Chan-}| @er, Mack Truck, Stewart Warner, American Woolen, May Department! stores, Allled Chemical, Rock Island, Punta Alegre and Beechnut Packing all up 1 to 2 polnts. Foreign changes opened steady, demand ster- ling being quoted around $4.63%, French francs at 6.67 cents and Ger- |man marks at .0018 cents, The brisk manner in which stocks rallied during the forenoon confirmed impressions that the recent decline | had been overdone. While several outside influence, including the fed- eral reserve statement, had a favor- uble- effect on sentiment the chief factor was a correction of the weak- | ened technical position. Exceptional strength in the California ofls and the merchandise shares served to stiffen prices in the remainder of the lst and the short interest bid freely in competition with outside buyers. California Petroleum, common and preferred advanced 4% points each and Lorillard, Woolworth, Associated ‘ON, Kresge, U. 8. Realty, Central Leather, preferred and Davison Chem- ical 2% to 3% points. Call money opened at 4%. With the immediate requirements of the short interest apparently satis- ex-| J carly transactions. The Ltvérpool| {y, agape market had proved unresponsive to| Rr yesterday's advance on this eide of! Amertcan the Atlantic, and there was a lack| American of aggressive new buying here. On| American " the other hand, selling pressure was| American light, and the market easily influ-| Anaconda ence. Initial prices which varied)Anaconda Copper, 1923 from unchanged figures to %c lower,| At T. and San Fe. gen with July $1.17% to $1.18%, and| Palttmore end Ohio c bei A be antl Bethiel Steel, con. lowed by a moderate raligy but ten| Canadian Pacitio deb. 4s . Chicago, Burlington and Quin: a fresh setback. | Chicago, Mil and St, Paul Additional weakness developed | Chile Copper, 6s later owing to dearth of expert busl-| Goodyear Tire 8s, ness and to absence of speculative t Northern 7s A . interest. The close was unsettled, %| Montana Power, 5s A Nothern Pacific ref., 6s B Northwestern Bell Tel., Pacific Gas and Electric, Penn, R. R. Gen. 6s Sinclair Con. Oil, Sol, I, Sigs, S AILWAY AND 3 1941 to Oats and corn were easy with wheat. After opening %e lower to} couther: ho advance, July 800 to 80%o, the ty Runtee es corn market underwent a general sag.|Uiah Power and Light ba Oats etarted unchanged to \c higher,/ Western Union 6438 July 42%0, but later receded some-| Westinghouse Electric what. Wilson and Co., cv., Further reports of seed rotting in the ground falleo to stimulate buyers. The closo wns heavy, % to! 1%o net lower, Juluy 79% to T%@ 8 x=. 4a 6s Lower quotations on hogs weakened | the provision market. Wheat— Open High Low Close 1.18% 1.20 1.18% 1.18% 1.17% 1.18% 1.17% 117% 1.16% 1.16% 1.15% 1.15% Two completions in the Salt Creek field were made by the Midwest Re- fining company last week. Well 11-A, Wyoming Associated, on the south- west quarter of section 30-40-78, was completed at 2,090 feet and is swab- bing out, Well 34-A, Salt Creek Con- | solidated, on the northeast quarter of section 31-40-78, was completed at & depth of 2,280 feet and is also ewabbing out. Tho status of the wells in Baxter Basin, Elk Basin and the wildcat operations are as follow Wildest Welle. Nefber Dome test well, depth 2,510 feet, getting ready to cement 10-inch casing. Midway teat well No. 2, depth 4,586 feet, drilling line broke, lost tools on 80 80 1” 80 80% 79% 9% 18% 11% 79% | 79% 78 A2% 42% A0% Alm 42% A0% 42% 42% 39% 42% —-11.20 11.32 1142 11.47 11.20 11.42 CHICAGO, May sales. Corn—No. 2 yellow, 83@84c; No. 2 23.—Wheat—No white, 81% @82c. Oats—No, 2 white, 45% @46%c; No. white, 444% @45Kc. Rye—No. 2, nominal, Barley—64c. Timothy seed—$5.50@6.28. Clover seed—$12.00017.00. Pork—Nominal. . Lard—$11.20. Ribs—$8.75@ pebbled hao be Sy a NEW YORK, May 28.—Cotton spot quiet. Middlings $2.85. 19th, now fishing for same. fled trading diminished in the after- noon and leaders relinquished some} of their earlier gains, especially Call-| forn Petroleum, Baldwin, Corn Products and DuPont. The extent of the recovery from™ the recent low | levels and the failure of the earlier | buying movement to follow prices up caused the traders to adopt a woait-| ing policy. Many of the less active| issues were marked up 2 to 5 points, Montana Power responding to the higher dividend. Several of the low) priced oils were in demand, paritcu-| larly Marland and Cosden. | The closing was irregular, influ-| enced by the good reception accorded} realizing sales, speculators for the long account resumed bidding up| prices. California Petroleum again| crossed 104, Associated Oil jumped 6) Underwood Typewriter 10% y offerings of steels and equip- ments in the last few minutes, how- ever, again turned the list re ary. LAL Si alee Foreign Exchange NEW YORK,: May exchange irregular. cents, Great Britain demand 4.62%; cables 4.63%; 60 day bills on banks 4.61 France demand 6.66; cables 6.66%. Italy demand 4.81%; cables 4.82 Belgium demand 5.74; cables 5.74%. Germany demand 001: cables 23.—Foreign Quotations in 39.17. 18.65; Switzerland 18.06; mand 15.26; Greece Cemand 1.75; Poland demand .0020; Czecho Slovakia demand 2.98%; Argentiny demand 36.12; Brazil demand 10.85; .Montreal 97%. Money NEW YORK, May 23—Call money, steady; high, 4%; low, 4%; ruling rato, 4%; closing bid, 4%; offered at| 4%; last loan, 4%; call loans against| acceptances, 4%; time loans, steady; mixed collateral, 60-90 days, 5@5 4-6 months, 6@5%; prime, commerce! paper, 5. al Flax Seed, Minn., Ma . YORK 23.—Foreign bn 67%0; zican dollars, 61%c, DULUTH ing fiax Ma $2.49 asked. Maen 3.8 [tee | | nearhy delifery NEW YORK, May 23.—Copper quiet. Spot and futures, 154@15%. ‘Tin firmer. Spot and futures $42.25; iron stea¢y; prices unchanged. Lead steady; spot $7.25. Zine easier. East St. Louis spot and 94.00@$6.65, Ante mony spot $7.30. Efficiency of Police Is Not Found in Size CHICAGO, May 28.—A good po Ticeman {s not necessart'y a big one, Chief Collins learned today when a npecial report from a. precinct com mander told of the simultaneous ar rest of seven “bad men,” four of whom were armed, by Patrolman William B. McAvoy, the smallest man on the Chicago force. McAvoy, a veteran of the service, registers five feet in height with something of an effort, and is of. | slight bufd, Seven men in an | automobile sped away from a cor STEEL CLAIM ner of his beat as McAvoy hove in sight. The officer drew his gun, leaped on the running board. covered the chauffeur, disarmed his compan- fons, lined them up according to height, himself at the end of the string, and marched single file to the police atation. WASHINGTON, claim of the pany for $8,6 under war May Bethlehem Steel 0,000 alleged to be due time contracts has been disapproved by the ship in ee NORWEGIAN PREMIER DEAD. CHRISTIANA, Norway, May 23.—| (By The Associa Preas.)—Otto B.! Halvorsen, premier of Norway, died| here today. He was leader of tho) conservative party. tentatively ping board's decision which claim committee a ‘was sald today to have the approval of a majority of the board. OLD BALL PLAYER DEAD. r Maine, May 23 . , old time baseball player and for meny years o bat manufacturer, died today at his home near here, Hoe played with the Cin- cinnati Nationals Yor two seasons thirty 044 years ago. Surveying and Locations Geologists, Oil Experts, Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. 0, Box 325 om 10, Daly Bldg, rominent men in New York, Baltimore, Philadelphia, P: and other eastern cities may be brought into the governmen ring” investigation resulting from the setmre of the 8. 8. British steamer, off Montauk Point, Long Island. some of them pictured abvye, are held as material witnesses, IS REJECTED, 23.—'The| com: | 107 10714 90% 100% Midwest Uncorks Two New | Producers in Salt Creek Miguel Creek (1. Chaves Grant, New Mexico), depth 530 feet, drilling. Baxter Basin Field. ‘Well 1-X, northeast quarter of seo- tion 36-18-104, depth 1,940 feet, under reaming by bit. Well 29, southeast quarter of seo- tion 25-18-104, depth 1,636 feot, drill- ing. Well 11, northeast quarter of seo tion 2-17-104, depth 1,250 feet, drill- ing. Elk Basin Field. ‘Well 2 Elie 11, depth 632 feet, arill- ing. Well 1 Tip 3, depth 9,040 ofet, ing 12%-Inch casing. Well 1 Tip 7, building derrick. Well 10 Elk 7, depth 940 feet, ing. , pull- drill. An Rum: Ring’ Tnvestigatiom ra taburgh ‘s “rum Yankton, Members of the crew, “UNDERREAMERS * AT YOUR SUPPLY STORE “LOSE NO. CUTTERS ” American Legion Auxiliary DANCE BENEFIT DISABLED VETERANS Government Hospital at Sheridan, Wyo. ARKEON, MAY 23, 1928 Admission 25c¢