MARKET BOSSIP AND FELD. NEN ~ LAND TO BE AUETIONED 1$ LISTED The first sale of Salt Creek acreage under the leasing la will take place at the United States land office at Douglas AE ao alck Inte or prooectine perm ' land on which leases or fe been denied, or on which applications fs not filed, rhe the eee See Spend lerne Use ‘the es aa ne ola 3 rents Oe fete tie cep tienen Py lipo com- acres, any one ced drilling. alleged The gov- uae phi cee 3 fast eau Mets bait well. will be under the regulations already issued. The tentative list of units is as fol- lows: TOWNSHIP 40 N., RANGE 78 W. D has yetoed a by the Montana jess Ape te making pipe lines in the si common carriers. His veto was SW% of Sec. 7, based on an amendment vidiny NW, NE and SEX off Sec. 18. [that nothing in the act shall be com E%% of NE% of Sec. 19 and W% of|strued as affecting the operation of NW of'Sec, 20. Pipe lines designated and acting as S% of SE% of Sec. 19, and W% of|common carriers under the provisions SW% of Sec. 20. of any law of, or contract with, the acreage under the presidential! W's of NW% of Sec. 29. United States. This, he held, preyent- NW% of ND% of Sec, 32, and/ed the Tailroad commission from SW of SE% of Sec. 29. hav Se over seg lines N% of SWK%, NW% of SB% and|aiready built and those built in the SW% of NEX of Sec. 32. TOWNSHIP 39 N., RANGE 78 W. EY o NW% and NW% of NEM of Sec, 5. » transfer of the NE of the BY% of NEX% and N% of SEX of| NEX of 17-3.59, Medicine Rack struc- Bec, 5. ture, Carter county, Mont., to B. B, SW% of Sec, 5. ‘Whitcomb for a consideration of $15,- SE% of SE% of Sec. 5, W% of 700, as disclosed by the. county clerk's SBW% of Sec. 4, and NW% of NW records, is believed to establish a new of Bec. 9. record for wildcat acreage in that SE% of NE\% of Sec. 8, SW% ofjstate. The lease is 1% miles north- NW% and W% of SW% of Sec. 9, jeast of the well being drilled by the SE% of Sec. 8. Arkansas Natural Gas Co. This well E% of SE% of Sec. 7, and N% of|was reported in a few weeks ago, but NE of Sec. 8. this report was premature. The 40 bY4 of NW% and S% of NE% of|acres were owned by Bert Emerson. Sec. 28. : =e SW of Sec, 18. 7,269 Stockholders in Midwest. SE% of Sec. 18. The Midwest Refining Co. ‘had 7; SW% of Bec. 17, stockholders on Nov. 1, 1920, as com- E% of NW% and W% of NE% of|pared with 6,806 on the date in Sec, 20. 1919; 5,381 on Nov. 1, 1918; 3,888 on Wi of NW% of Bec. 20 and B% of| Nov. 1, 1917; 2,112 on Nov. 1, 1916, NEM of Sec. 19, and 1,462 on Noy. 1, 1915. W% of NW% of Sec. 1) and B% of -— é Salt Creek Lands in’ Transfer NB% of Sec. 24 (89-79). 5% of SE% of Sec. 24 and W% of| A most important transfer of lands in the Salt Creek field was announced SW of Sec. 19. BY of SW% and W% of SE% of|as having been closed Tuesday when. Sec. 19. Girectors of the Mountain and Gulf H% of SE% of Sec. 19, and W% of| O11 company agreed to sell to the Elk SW of Sec. 20. Basin Consolidated Petroleum com- N% of NW% and W% of NE% of| pany the former company’s interest in Bec. 30. j Section 6-39-78 for 275,000 shares of E% of NE of Sec. 30, and W% of| wik Basin. The Mountain and Gulf NW, of Sec. 29. ‘- |company has a working interest in TOWNSHIP 39 N.. RANGE 79 W. | 440 acres, giving it the equivalent of pee NW% and W% of NIX of} 243 acres, in one of the best located ed sections. in the lusivel S% of SEK, BEX of SW of Sec.| send mea of thedauke ent 24, and NE% of NE% of Sec. 25. No merger of the two companies Ps Sg Sw and sit of NW% of! was ever contemplated or discussed. 5 ‘The transaction, when completed, will N% of NBM of Sec. 23, NW% Of! leave the Mountain and Gulf company NW% of Sec, 24 and SEK of SE%| with certain éiaima Ih the rortheast. of Sec. 14. g SW of SEX. SEX of SWH and| tho company has led applications for NOP BHA Of Bec. :14+ leases with the interior department. Nii ot: SW of Bec. 14, The lease on Section 6 was granted last“month.~ White” the- transaction | still incomplete, the terms have been agreed on 2nd only details remain to be settled. ‘The payment by the Elk Basin com- pany, involving 275.000 shares of its Stock, is equivalent at the ot Price of the latter to $2,475,000, or at the rate of about $10,000 an acre for the Mountain and Gulf:company’s net interest. ie aoe the transaction. became ce ly on Tuesday, with the Bible /Oxpek ‘Fine 'Qbee, result that the price of Mountain and The Illinois Pipe Line: Co. is Gulf stock advanced from $1.05 to ruhning oil from the Mule Creek fieli,| sales at $1.22, but later dropped back after having been shut down sincs| to offerings at $110, last November on account of the pipes| Activity in the Salt Creck’ issues freezing. ¥ deers 6 was equal to the movement on Monday and the latter part of last Test for Kevin District, week. Salt Creek Producer was A standard rig is being moved tol quoted at $12.50 bid, $13 asked, while SE\% of NE of 16-35-3, north » of : x A 5 Mountain Producers soldat $9.50. Bos- Kevin in Toole county, Mont., and] ton-wyoming, which owns 800.000 dust south of the Canadian border. It ‘4 7‘ Gilt: be “drilled: by ‘x syndicate repre: shares of Mountain and Gulf, strength- sented by Judge J. B. Rhoades. This| ¢74 Taterally with sales as high as syndichte recently leased 6,400 acres from Gordon Campbell checkerboard over the structure. Campbell has 70,- 000 acres on this structure under Tease. ‘ —- filed in the office of the Wyoming sec- Sues to Cancel Lease. retary of state by the fellowing con- H. E. Mosby, land owner in _the|cerns: Mosby. section of the Cat Creek field, Salt Creek syndicate of has filed suit against C. M. Jacobs,| Capital stock $2,500,000; Globe Mosby Dome Oil syndicate, Frantz|company of Powell, capital stock Corporation, and others, to have can-| $100,000; Midwest Casper Baseball celled a lease on tract 41, in the NEX% | Club, capital stock $10,000; Neptune of SW% and the SE% of the NW%/|Oll and Gas company of Carson City, of 81-15-80, Cat Creek field, It is al-| Nevada, capital stock $300,000; Vindi- leged that Mary E. Mosby, now de-|cator Oll and Shale company of Col- ceased, gave a lease on. the land in|orado Springs, capital stock $300,000; February, 1919, to Frank Frantz for|Economy Drug company of Sheridan, the Frantz Covpuration, and that la-/capital stock $50,000. ter the Midwest Refining Co.’and Mi@-| Certification of dissolution was fil- Shaffer Acquires . The Shaffer Oil & Refining Co. re- cently acquired a large block of ground in township 16, range 24, Fer- gus county, Mont,, 26 miles west of the Cat Creek field, and 10 miles northeast of Grass range. This com- pany erected a rig in the Cat Creek field but has not com- menced drilling, awaiting adjustment of titles to the Iand. New Incorporations CHEYENNE, Wyo., March 23. — Articles ‘of incorporation have been enne, FURNISHED BY TAYLOR & CLAY L| West. Oil Fields . xX Phones 203-204 Wyo-Tex. . ..- 14 NEW YORK CURB Cosden Blk Basin . ...... 8.75 . 88) Okmulgee... 35 50 Cities Service Com. 231,00 233.00 Allen. ...-.- 85: \2.12 8. 0. Indiana - + 69.50 70.50 NEW YORK STOCKS Mexican Petroleum ..$146.25 $149.97 Sinclair Oil ..., ©) 2R.87 |. 23.87 Texas Ol ..- sis ALIS 42.37 Pan American Pete.. 70.75 72.00 U. 8, Steel. .......5. 81.60 82.25 Union Pacific R. R. . 116.62, 117.50 FOREIGN EXCHANGE P Sterling + $3.91. .07| Francs . . 0797 % + 03 Lusk Petroleum ~—------- Mountain & Guif »Not yyalty Western Exploration Wing River Refining -. ‘ozVictory 4%5 4th 4% . WYOMING CRUDE O1L MARK: Grass Creek $1.75 Torchlight ~~-.------- wom 1,76 Elk Basin ——- 1.75 Greybull -----— — 1.75 Rock Creek -----—-.-----—-----$1.50 1.40 Hamilton Dome Mule Creek -..--..~.. SWEETWATER (9 SURVEYED FOR OIL PROSPECTS ot of Investigation Made by vernment Geologist Made in Bulletin Just Issued The possible REN of off ficlds in Baxter Basin, Sweetwater county, Wyo., haslong been recognized. As early as 1900 drilling was in progress near the town of Rock Springs, and it ‘has’ been’ continued™ tptarmittentiy, ever since, Showings of ‘oil and gas encountered in several wells have en- couraged prospecting, although neith- er has been found in payable quant- ity, and much more drilling must be done before the area‘can justifiably be, ‘Classified either as productive or non- productive. The ‘most pronounced fold in the basin is the Rock Springs anticline, though other Jong anticlinal flexures, known as the Cherokee Ridge, fold, the Mamsutter arch, the Lookout Mountain arch, and the Dry Mountain anticline, traverse the ter- ritory that Hes east and south of the main Rock Springs anticline and of- fer added possibilities of oil produc- tion. A report on this area prepared by A. R. Schultz has just been pub- lished by the Unitéd States Geologi- cal Survey, Department of the Inter- for, as Bulletin 702. \ The factor that will probably be of most importance in determining the productivity of the area is the deptk to which drilling must be carried to reach oil-producing horizons. There is no reason to doubt the existence of ——<—<—<—<—<—<———<$—<—_< rolytic spot and second quart Market steadie March, 124% @ 12% @13c. Tin—Firm; spot and nearby, $29.23 @29.50; futures, $30@30.75. Antimony sier; spot, $5.25@5.50, Iron—Nominal; No. 2 southern, $25 $4. t St. 5. Lead—Dull; spot Zinc—Easier; Ei ery spot, $4.70@4. Louis deliv- Money and Exchange NEW YORK, March 23—Prime mer- cantile paper 7% @ per cent. Exchange—Steady; sterling, demand $3.91; cables $3.913 Franes, demand 6,95; cables 6.97. Belgian francs, demand 7.26; cables 7.28, Guilders, demand 34.37; cables 34.47. Lire, demand 3.97; cables 3.99. Marks, demand 1.61; cables 1.62. Greece, demand 7.54. Argentine, demand 34.00. Brazilian, demand 14.85. Montreal 12 3-16 per cent discount. ‘Time loans steady; 60 days, 90 days and six months 6%4@7 per cent Call money easier; high 6%; low 6; ruling rate 6%; closing bid 6; offere~ 6. INCORPORATION PLANNED Mr. Bush, proprietor of the “Bush aid it” sign and show card servico located on south Center street,. is making arrangements to enlarge his business, He expects to form a com- pany to be known as the Bush Sign and Decorative company. Mr. Bush states that his business has increased to the extent that he can no longer handle it alone, He is now trying to secure the services of a competent assistant. NOTICE ‘We have a few new and used tubes ata good discount. Our introductory during, the night and resumes business at sunrise, BEIRUT, March 23. — Important discoveries of ruins of a highly devel-| oped Graeco-Roman civilization have} been made at Palmyra, about 95 miles cient necropolis has been discovered | east of Homs, by the high commission-| er's archeological service. The an- and interesting photographs have been already taken. ) ca advantage of Wy uty ro if (l NM “TY A “Barnett’s Of Course” MM ANHATTAN S Hit R.T S. are the finest shirts made anywhere inthe world. They establish the American fashions. They have no serious rivals, either in quality or in social preference. And, because they are the best shirts, they possess the added being the most economical. more than some others, but less per year than any others. We offer.a satisfactory service to every man who is far- sighted enough to appreciate and want the best. Spring Manhattans are Ready 1. D. Barnett Outfitting Zo. M. M. Petker, Mgr. 120 East Second Nils ia call Hil They cost sii iia me Sh FOR Several teams good DOUGLAS, offer in Hawkeye Tires closes March jates Service Station. SALE heavy farm mares all bred to large imported Jack. Will give one- half purchase price of mare for mule colt at weaning time. Will foal July and Aug- ust. All ready for work. T. J. Brownfield WYOMING No. 2 Can Kuner’s To No. 2 Can June Peas. 1-lb. Can Solitaire Co Y4-lb. Pkg. Tea Regular 15¢ Can Van and Beans, 2 for LOOK A, J. BELS No. 2 Can Iowa Corn -~ ~ Special for Thursday Only oC Sees matoes, 2 for____25¢ at 208 No. 214 Can Morado Tomatoes feeci. 2 1 Bottle Catsup, 12-oz. 12-oz. Jar Solitaire Peanut Butter Camps Pork ~~ 258 Swift's Premium Skinned Hams, per 1b.36e HERE * Strictly Fresh Eggs, per doz.__________30¢ FIFTH STREET GROCERY Opposite Coliseum Garage 122 East Fifth Street Delivery to All Parts of the City Phone 320-W W. J. Tubbs

Casper Daily Tribune dated March 23, 1921

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