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Show SAYS WYOMING OIL 1 BOOM BPpiNENT! Arthur Thomas Returns From Inspection of Fields. Tliere Is no question as to the permanency perma-nency of the Wyoming1 oil boom In the , mind of Arthur Thomas of the brokerage firm of Dern & Thomas, who returned Monday niht from an extensive inspection inspec-tion of oil fields in the vicinity of Cas- j per. i "That the boom is of a permanent char- ! acter is readily appreciated when the big refineries erected by the Midwest and the Ohio Oil companies are taken into consideration," said Mr. Thomas. "Those concerns are not accustomed to expending . large sums of money in the erection of refineries unless they are reasonably sure of getting good returns. "There la some talk also of the erec-tfon erec-tfon of an independent refinery at Cas- , per. The development of the section is ! being hampered greatly by the lack of supplies. A number of big wells In the Salt creek field are being capped, awa.it-fng awa.it-fng the construction of pipe lines and refining re-fining facilities. "Besides twenty or thirty big wells, 100 oil derricks are at work in the Big Muddy field, the second largest adjacent to Casper. As it costs from $50,000 to 475,000 to drill a well, the derricks at work in the Big Muddy represent expenditures ex-penditures aggregating $.r.00,000. "Casper is one of the busiest little towns in the west. Some idea of t lie business being transacted there is given in the report of (he Chicago & North-m North-m western railroad, which placed Casper as fourth highest on the list of revenue producers pro-ducers served by the road. Chicago came first, Milwaukee second, Minneapolis ' third, Casper fourth and Omaha fifth. The Burlington railroad officials have announced an-nounced that the Casper division is exceeded ex-ceeded as a revenue producer by only one division on the road and that is in the coal fields of southern Illinois. "New fields are being brought in almost al-most everv day, the most recent being the Hidden l5ome. A well has just been brought in there which, at a very shallow depth, spouted gas In enormous quanti- ties. The well has been capped and the gas Is being used for fuel In the sinking sink-ing of other wells. More wells are being sunk and about a half dozen rigs are being be-ing rushed to the field to begin further operations. Owing to the shallow depth of the oil sands, wells can be brought in in the Hidden Dome field at about one-half one-half or one-third the cost in other districts." dis-tricts." While away Ir. Thomas visited New York, where, he said, the war and liberty lib-erty loan were the paramount issues. Oil stocks, he asserted, had held up well on the eastern markets, as compared with mines and industrials. The general Impression Im-pression in the east, Mrs. Thomas said, is that things will settle down in the near future and a big oil boom is expected ex-pected throughout the country. While in New York Mr. Thomas saw "Tommy" O'Brien and "Jack" Groesbeck prior to their departure for Prance. Mr. O'Brien, he said, told him that he could face the Roches without flinching, now that he had been permitted to see three of the world's championship ball games played in New York. |