Salt Creek Oil Field Sees Multiple Wells Progress
Market gossip reports Salt Creek Consolidated Oil tuncarked a shale well on section 31 39 78 at 1100 feet with casing blown out indicating potential as a producer. Domino Wyoming well No 6 shows shale flow cased off en route to Wall Creek while Ohio Oil explores tract K near Fensland gusher. Midwest tests at Baxter basin reach 3100 feet as deeper exploration aims to 3500 feet.
MENTIONED IN THIS ARTICLE
Salt Creek Consolidated Oil Company
Domino-Wyoming
Salt Creek
Wall Creek
Ohio Oil Company
Fensland
Fensland Oil Company
Domino-Bessemer
Grains Weaker In IG Market In Chicago
Decline in wheat prices led trading in Chicago with July around 1.12 to 1.14 and September about 1.14. Improved weather eased corn and oats pricing while hogs slumped, and butter and eggs held steady amid steady regional shipments and varied barrel prices across potatoes and staves.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Airecoy
Red River Valley
Oil men and officials visit Casper for regional business
prominent Manville mayor A A Spaugh visits Casper while R F Werta and B C Skimmer of Producers and Refiners Corp travel from Denver and Riverton for firm interests and supplies. Davy Beott and Carnahan head to Big Horn Basin for field surveys and a mine study near Kevin with US Bureau of Mines experts. J U Bakeroot of Laker Ice Machinery praises Casper’s growth potential during annual visit.
MENTIONED IN THIS ARTICLE
R .F. Werta
Producers and Refiners Corporation
Riverton
Ganger M Honard Carnahan
United States Bureau of Mines
Frank B. Taylor
Onl and Gas Journal
Big Horn Basin
Montana
Feild
Kevin
Obie Oil Company
J. U. Bakeroot
Laker Ice Machine Company
Ormaha
Avio
Domino Wyoming Oil Company
Baker
Casper
Marine Ol Company to Hold July Annual Meeting for Capital Increase
The Marine Ol company plans an July annual meeting at its local offices to approve raising capitalization to one million dollars and to authorize purchase of Salt Creek acreage adjoining the Tea Pot Reserve to double holdings. Par value will rise from one to five dollars as expansion targets larger Salt Creek production and consolidation with affiliates to improve near term marketing. A Rotary has been installed on section 14 in the Salt Creek sand draw to aid drilling with a 50,000,000 feet per day flow anticipated, while efforts to deepen a 1400 foot hole face difficulties.
MENTIONED IN THIS ARTICLE
Marine Ol Company
Salt Creek
Tea Pot
Goa
Lowes
Producers & Refiners Corporation
Sinclair Wyoming well numbers progress with cementing
A refinery report notes well No 6 is being cemented at 1700 feet in the southeast quarter of section 3 in 1979. Well No 7 has been epadded in on the me quarter.
MENTIONED IN THIS ARTICLE
Sinclair Wyoming
New Steel Warehouse Completed in East Casper Area
A new steel warehouse designated 20040 has been completed on the land east of the Northwestern area near C. Moore, Inc. in East Casper. The facility completion marks a notable expansion for the local industrial sector and adds capacity to nearby logistics operations.
MENTIONED IN THIS ARTICLE
East Casper
Ala K Pans Ly
C.moore, Inc, Frou
Stock Prices and Mergers on the New York Market
A leased wire report lists oil securities and major stocks with varying gains and declines. Key names include Studebaker, Texas Company, United States Steel, Utah Copper, Westinghouse Electric, American Zinc, Butte and Superior, and Montana Power, with percent shifts indicating market moves.
MENTIONED IN THIS ARTICLE
Studebaker Corporation
Tennessee Copper
Texas Co
Texas and Pacific
Transcontinental of Union Preffie
United States Rubber
United States Steel
Utah Copper
Westinghouse Electric
Whigs Overland
Stree Lom American Zinc
Levi and Sm
Butte and Superior
Fruit shipments rise as markets see price declines
The U S bureau notes increased fruit and vegetable movements to markets with prices slipping. Watermelons heavy shipments reach 14 681 cars nearly double last year, pressuring prices in eastern markets. Georgia peach baskets and cantaloupes show declines amid ample supplies. Virginia and Irish Cobbler potatoes and related items maintain varied prices in eastern cities.
MENTIONED IN THIS ARTICLE
Chicago
United States Bureau of Markets
Fruit and Vegetable Review
Georgia
Flo
Tom Watsons
Texas
Kansans
California
Virginia
Supplies to be distributed in the territory
The building sits on trackage with loading platforms at three arms and a local agent reports steady demand. Buyers include Midwest Refining with five drillers and two pumpers, Penstland with three drillers and one pumper, Caster with ten drillers and two pumpers, Kaseming with one driller, and the Ohio unit using wider equipment for replacements. Balt Creek hosts most operations while Ohio in Rook Creek uses some gear.
MENTIONED IN THIS ARTICLE
Concern
Reports & Nlee
Midwest Refining
Penstland
Kaseming
The
Ohio
Balt Creek
Rook Creek
Livestock Market Reports From Chicago and Omaha
Cattle receipts 12 000 with beef steers and stockers active and steady to strong. top beef steers $10.00, bulk $8.15 to 9.00. Hogs receipts 28 000. market steady to 10 cents lower. top $10.90, bulk $9.65 to 10.80. Sheep receipts 12 000. lambs mostly steady, packer top $13.25, ewes $7.00 to 7.25. western yearlings $11.76. Omaha reports hogs 16 000 with good hogs steady and top $10.16. cattle receipts 4 500 with steers slower, top $9.55. sheep 7 400 with natives $12.50 to 11.50 and ewes $5.50. Denver cattle $7.00 to 9.00, cows $4.00 to 7.75, calves $6.00 to 9.00, hogs $9.50 to 10.00, sheep $4.50 to 5.00, spring lambs $12.00 to 12.75.
MENTIONED IN THIS ARTICLE
Chicago
United States Bureau of Markets
Anles
Clowe
Denver
Colo
Necelpta
Market Day Dull Start as Mexican Petroleum Lifts
New York stocks opened with dull trading and broad losses before copper firms and oil issues steadied. Mexican Petroleum fluctuated but later climbed, while General Asphalt United Fruit and rail shares showed resilience amid modest gains and persistent profit taking.
MENTIONED IN THIS ARTICLE
New York
Duslness
General Asphalt
United Fruit
Pan- American Petroleum
Union Pacific
Delaware
Lackawanna and Western
Replogle Steel
Sbars Roebuck
United States Steels
Crucible Steels
American Telephone
Mexican Petroleum
Cioneral Asphalt
Standard Oil
California
Cosden
American Car
Utah
American Smelling
Sears Roebuck
Coca Cola
Bourse and Commodity Notes From New York and London
Foreign exchange rates show Britain France Italy Belgium and other nations with varied demands and cables. Metals and sugars move little as copper and iron stay steady while lead zinc and antimony hold firm. Money markets in New York show rates from 4 to 6 percent and sugar futures trade near steady levels in late June. London money carries a 2 percent discount with bar silver at 164d.
MENTIONED IN THIS ARTICLE
Foreign Exchange
Wasier
New York
Great Britain
France
Italy
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Caecho- Slovakia
Argentine
Brasil
Montreal
St. Louis
London
Casper Mutual Building and Loan raises capitalization in Wyoming
At a recent meeting the Casper Mutual Building and Loan association increased capitalization from 5.6 million to 10 million dollars, claiming the record among Wyoming institutions. The No 4 issue of stock was retired last night, remaining only 85 months outstanding, a record hard to match.
MENTIONED IN THIS ARTICLE
Casper Mutual Building & Loan Association
Wyoming
Re-elected Officers and Directors of Cain Co Fish Securities
The company announces re-election of all former officers and board members for another term. P. C. Nicolayson serves as president, M. P. Wheeler as vice president, J. B. Lowndes as secretary, C. H. Townsend as treasurer, with Chas. Anda Oscar Hoetstand J. W. Johnson and Geo. B. Nelson on the board. W. R. Wilson remains the attorney for the firm.
MENTIONED IN THIS ARTICLE
P. C. Nicolayson
M. P. Wheeler
J. B. Lowndes
C. H. Townsend
Chas. Anda
Oscar Hoetstand
J. W. Johnson
Geo. B. Nelson
W. ©. Wilson
Concern
Five Tribes Oil Well At Salt Creek Faces Oil in Hole
Five Tribes Petroleum reports oil flowing over the top of the casing today with the bit 50 feet in the sand at Salt Creek well. Considerable difficulty is encountered in drilling due to the amount of oil in the hole.
MENTIONED IN THIS ARTICLE
Five Tribes Petroleum Company
Salt Creek
Guggenheims Name Management Again For Iron Company
At the Jersey City stockholders meeting the management slate was elected to the American Smelting and Refining company board with 781,291 votes cast from 1.1 million outstanding. Directors elected include Simon Guggenheim Daniel Duggenheim Elihu Root Jr and others. An independent bloc led by Carl Eilers backed nonmanagement candidates and cast 66,421 shares for certain nominees.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
American Smelting and Refining Company
Simon Guggenheim
Carl Eilers
Guegenheim
Daniel Duggenheim
Simon Gugkenheim
Elihu Root Jr
Harry Lb. Day
H. Brownell
William Loeb, Jr
Walter T. Page
Rober W. Strauss
Mr. Eilers
Levin J. Clarke
Bulkeley Wells
Charles JD. Hilles
Henry E. Cooper
FB. C. Warner
Harvey D. Gibson
M. P. Calloway
Lyman Candes
Edwin C. Jameson
F. J. Leary
Fred W. Shibley
B. Schley
F. T. Walker
Edgar L. Newhouse
H. A. Gueas
H. A. Proeper
Hamilton
Midwest Refining Sets Large Salt Creek Storage Contract
Midwest Refining has contracted for one million barrels of steel storage at its Royal tank farm to hold Salt Creek crude. With 127 wells drilling, field output could reach 120,000 barrels per day when completed, most wells finishing by September and storage planned to be ready by then.
MENTIONED IN THIS ARTICLE
Midwest Refining
Royal Tank Farm
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Rock Springs
Wieeele
Weerele Symikcata
Natrona County
Frank Wiegele
Tom A. Hall
G. F. Stodghi
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Chile
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Its
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P. Tel. & Tel., Sa
Guggenheims
Iron Company
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Casper Motor Co., Inc
Tull
Casper Sporting Goods Co
Pat Royce
Center Street
Casper-—Coliseum Motor Co., Inc
Casper-—Ray McCleary
Rays
Casper——Wyoming
Oldsmobile Co., Inc