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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Oct 02, 1917
Page
10
Reports from New York banks show strong start as subscriptions reach near 85,000 in the second Liberty loan drive. Union Pacific Corporation purchased one security while urging employees in Cheyenne to buy.
Fragmentary report notes the emifernice bill adopted by the senate today with plans to proceed tomorrow at Home-Mre. Names appear as Smith, ALK, and references to a lease and roll call.
Cheyenne Wyoming weather bulletin reports for February with 6 AM to 6 PM temperatures along with mean actual temperatures and record wind. It notes highest wind velocity 87 miles per hour from the west at 1:00 AM and precipitation totals for the period. The item closes with a brief local note on attorney from Rawlins visiting Cheyenne.
The fragmented report discusses eminent experts evaluating the potential of a petroleum expedition. It mentions Bell Aire, Sealih Clants, and the Cheroken formation with estimates of depths and a possible $700 per ton price, suggesting substantial projected profits and early exploration costs.
A district report discusses water flow, oil presence, and anticlinal structures in Kansas. It notes no wells in Pollatre visited on the 16th, sampling age gallons from each, and suggests little surface seepage, with conclusions on potential exploration risks and formation thickening.
The report notes enormous oil production from Kansas wells and Wyoming Saltifreek field, highlighting Trap Sheoter at 10,000 barrels per day and Warner Gusher at 6,000 barrels daily. It asserts large wells in Smith County and southern regions, predicting continued expansion and giant future yields.
A garbled report discusses a company led by Mule, claiming a fortune in open tie Temestmen and a Southern Kansas operation. It mentions projected annual production worth about 21.9 million dollars and an executive valued at 15 million, with goals of rapid wealth through a faulty stock or partnership scheme.
Court opens in Cheyenne to begin the fall term with docket arrangements and assignments underway. Judges plan sessions as the season starts.
Judge TM C. Menteer will sentence three prisoners without a jury on October 16. Until then the court will hear civil cases and sentence guilty pleas. Ed Heassle and Mabel Johnson received one year and one day for robbery after a $27 theft. John T. Reed drew eighteen months to three years.
Notice announces a special stockholders meeting of The Weston Gold Mining Company at 222 West 9th Street Cheyenne Wyoming on October th 1917 at 2 PM to consider dissolving the corporation. The notice is dated Denver September 22 1917 and signed by Vice President A C Logan.
A man faced forgery charges after cashing a $25 check on a captain at Fort Russell. After arranging the docket, the court adjourned until the following morning.
The firm highlights numerous benefits for large scale oil output. It emphasizes no need to buy concessions, profits from cut leasing and lease selling, favorable location near markets and railroads, and cheap transport via a nearby river crossing. It notes an option to purchase production from about 7,400 acres in its district for refining.
A garbled note indicates the firm enforces strict budget discipline across offices and operations. The leader warns no allowance for malfeasance and demands cost cutting, signaling a conservative stance.
The text argues investments focus on future prospects and profits, praising oil for stable growth. It states no other industry has yielded greater profits for investors and forecasts sustained demand and profitability in oil markets.
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