Show ' £'s - THE A SALT LAKE CITY UTAH SATURDAY SEPTEMBER 291917 HERALD-KSPUBLICA- N TREMENDOUS PRODUCTION EXPECTED Western States ' r Sales and Quotations iTnmc $290000 of Friday as reported by the Western States Oil & Stock ’exchange exclusive of the issues listed on the' other mart: Shortage of Cars Coal and v Smelter Embargoes Hit ' - - - Copper-Bel- Etta 02 04 ay ' as follows: i02) 05 11 05 00 04 02 01) e e ' r: 05 18 221 021 05 04 e 18 “02) 01) — 00) 00) 3 2 2 2 1 1 1 1 Frame-u- p to Depress Stock Giving his name as “A I Smith1 somebody phoned into The Herald-R- ethat yesterday protesting publican there was a frame-u- p to put Columbus-Rexa-ob ll on the toboggan He also predictions that the jected to quoting the stock will be put word out is that to 91 These stories have been going the week the rounds since the firsta of raid terrific started bears yrhen the on the stock If said “A I Smiththe1will come in names of the himself give identify or collusion to a in persons person this stock The illegitimately hurt shall be pleased to it the information prominence give his deserves provided investigation justifies the publication - 20 03 an gr - Price ' $300000 stock issued and held in escrow by- the Casper Trust Co - or liabilities of any kind whatever 04 01 Pounds 1497540 1828560 1400 577200 214400 205500 268250 54000 5906890 We are Informed the company now owns or controlls over 4000 acre of choice oil and gas leases In corporation or inthe great Powder River oil Held We are Informed this Is the largest area owned by any ‘ dividual operating in this field Among these holdings are the following: South D of southwest Vi of section 84 township 41 north range SI west of 6 P M east M section 5 township 41 north range 81 aection west of 6 P M southeast K section 8 township 41 ndrth range 81 west of 6 P M northeast of west 82 17 township 41 north range 81 west of 6 P M southeast section 30 township 40 north range 12 aectlon M township north 6 P M southeast U section- 12 township 41 north range 81 west of 6 P 41 north range 81 west of 6 P M all of section 36 township 42 north range 81 west of 6 P 1L southeast 54 of northeast 54 section 11 township 41 north rahge 81 wesjt of 6 P M east 5ft of southeast quarter section 11 township 41 north range fcl west of 6 P M southwest 54 of aoutheast 5ft section 11 township 41 north' range 81 west of 6 P M west 5ft of southwest 54 section 1 township 41 north range M81 west of 6 P M southeast 54 of southeast 5ft section 2 township 41 north range 81 west of 6 P northeast 54 of northeast 54 section 11 township 41 north range 81 west of 8 P 1L northwest 54 of northwest 54 section 11 township 41 north range 81 west of 6 P M - 12) 00) 150M We are informed that wells are being drilled or preparations made to drill wells by companies and Petroleum Company holdings as follows : operators on properties adjoining Casper-Emb1 — Western Exploration Company reported controlled by the Midwest Company 2— Jupiter Company and joint account 3 —Tobin Interests 4— Western Exploration Company and at least six more operators are also drilling here or preparing 12 ar 15 25 12) 02 01 Hecla-Wyomi- 00) 50 r 03 02 04 04 na WELLS 'DRILLING ADJOINING CASPER-EMBA- R PETROLEUM COMPANY HOLDINGS 00) ‘16 12 05 100 NEW YORK CURB CLOSE 15 Badger Bros brokers WO S Main street for nlab the following quotations received over tbelr privste wires yesterday afternoon: Directors of the Eureka Bullion Min-ii- tcompany met last Tuesday and levied 1 cent a share which is Is No 2 The delinquent day October 29 and sale day November 17" Stockholders are in receipt of notices from Secretary H C Hicks of Provo From Provo comes word that President J C Leetham and Director J N Mining Ncompany Strong of the Provo Holda-wa- v Greeley Snyder and Andrew and Eureka the of Joseph in-S Lily to to Eureka went yesterday Berry will two They properties spect the also visit the Tintic Standard The North Butte Mining company directors today declared a dividend of This is a reduction 25 cents a share or 25 cents a share from the ‘previous quarterly dividend The copper situation is unchanged for the first quarter of 1918 The sellers are asking 26 cents a pound but buyers are not placing any orders at POWDER RIVER GEOLOGY (a) U S Ceological Survey Bulletin No 471 1910 Caroll Wegemann contains “The area under consideration (Powder River Dome) in townships 40 41 42 north range 81 west and portions in adjoining ’ Note—At the time of townships” ? The whole structure is a duplicate of the anticline at Salt Creek this report there was no production from Salt Creek At the present time a production estimated at 30000 barrels per day is coming from Salt Creek (b) Petroleum scries Bulletin No 4 University of Wyoming April 1901 by the late Wilbur C Knight: “ This field (Powder River Dome) must be considered one of the best in Wyoming The struc as--“ssm- ent 1 nOSTON CURB CLOSE tural features are ideal’ Badger Bras brokers 160 S Main street far nisb the following quotations received over their private wires yesterday afternoon: Bid Ask Bid Ask V Ex 3600' 3700 Bingm 51 1150"ll2ro"irn 63 ICtsli Met 53 ( 33714 400 Rostn Rly 36?Ul 275 1 'tali Ton 1500 1550 !lif Con 06214 375 Havls Dal 537’tl Ser-Apex I Bntte 1175 110714 Kl ValKB Butte 11550 150714 Men 550 600 N 10 36 Tnolumne 1714 150 Majestic 2371 Nev Dng 131 Daly West 107 Iron Cap 1660 1700 Ohio Coji 100 23 I South Ut - (c) Geological report' Tune 16 1917 J W Hudson California Geologist contained “I consider the Great Powder River Dome a perfect structure enjoying the advantages of shallow territory inexpensive drilling fine natural physical conditions I can see no reason why ttye dome should not develop into a very prolific oil field” (d) Geological report July 36 1916 by Dr Howard Evans Elliott: “I consider the Tisdale Dome (local name for Powder River Dome) the most perfect structure and worthy of development There is not a single record of failure in Wyoming where a perfect dome structure has been drilled with proper geological conditions existing as they do upon this structure” (e) Bulletin Not 12 State Geologist of Wyoming L W Trumbull contains “Up to the present time every structure drilled (in Wyoming) has proved to be a reservoir” OFFICERS The President Colonel Sam Newhouse of Salt Lake City Colonel Newhouse is a figure of international prominence in financial affairs pertaining to western empire building Some of the large and profitable mining and developing ventures in the west have been conceived and carried to a successful conclusion by Colonel Newhouse and his associates The Consulting Field Manager Sig Keonghan Mr Keoughan lias probably enjoyed more success in directing the drilling of Wyoming oil wells than any other oil well contractor He has broken records in drilling wells both for speed and low cost 1 Tt lS that figure SATISFACTION GUARANTEED Tf you want prompt efficient and honest service when buying or selling mining stocks call up II B COLE who can give you the benefit of nineteen years experience P S — I have a limited number of shares of Casper Embar Petroleum Co stock at 17ft cents per share while they SALES — OPENING CALL Albion 1500 at4)c Big Four Exploration 90 at 3c 700 3)c 500 at 3c 500 at 10c Bingham Amalgamated Columbus-Rexa- ll 100 at 8105 1100 - H B COLE BROKER Stock Exebnage Bldg Petroleum Company Casper EmbarSamuel Newhouse President -- Colonel Capital stock $1000000 All common stock V' j $500000 stock in treasury of company to be used for operating purposes $200000 lias been provided for and will be used in drilling and opeAting purposes We understand the company has retained Sid J Keoughan one of the most successful and y widely known oil drillers in Wyoming and that he will have direct charge of all drilling of the v coni-pan- : ar Men of ‘ nation-wid- e leases in the great Powder River are now controlled- by the oil-g- as Petroleum company - V V J' 1 I success and experience are in charge of the company’s affairs and strong interests in New York Denver and Salt Lake City and at other points throughout the country are financially interested in the proposition Ll view of the immense holdings in this wonderful new field and the strong interests behind look on this proposition as one of the very best in this great field the issue we ' J We understand the details are being worked out for an aggressive and extensive development campaign to be commenced at an early date r ' ' J The stock will be listed c t j We are accepting subscriptions to the treasury offering of this company at the price of - - “ ' I'"' - ' ' ' - c per share ir’ ' ’ & Thomas Newhouse Building Salt Xake City & Co Mining Exchange Bnilding Salt Lake City Evans-Morris-Whitn- - ' - ar CLOSING CALL Alta Michigan SOOat 4000 at 4c Albion 6c ' ' Amalgamated 1000 at 10c Bingham Cottonwood 2000 at 4c 'Big Beaver Copper 500 at )c Columbus-Rexa- ll 500 at $102) 3300 at $105 500 at $110 buyer 60 days 2000 at $1071 Colorado 1000 at 15c at 5c Crown Point 1000 at 5c 300 2c 2000 Centennial Eureka 2500 at LISTING OF STOCK issue on the Wyoming-MontaOil Application will be made by the Casper Trust Company to list the said be will The decided within as made other and in application upon exchanges Casper Exchange thirty days from closing of subscription lists herein mentioned na - at 2)c7000 Indian Queen at-2)- David King Lehf Tintic Michigan-Utah'SOO- at V METHOD OF APPLICATION So far We suggest reservations be made promptly as we believe the offering will be received in order intention to Full the is stock for will aecept subscriptions as fairness payment permit it Co or Trust the to stock if will forwarded Casper Wyo promptly Casper preferred applied for should be be forwarded hank draft attached - r c 1000 at 600 at 4c 5000 at 2c lc Co : 100 93c 89c Plutus 2800 at1000 at 1000 Price Mining at 7)c at 7)c 5c41c Tar Baby 1300 1000 at Tintic Central 800 at $150 Tintic Standard West Toledo 500 at 11 )c 1000 at 12c Total shares sold 83890 selling & Co 32 Main Street Salt Lake City ed Casper Trust Company Casper Wyoming The Casper Trust Company has authorized the following brokers to receive applications for stock of this ' allotment: value $1692525 Nrwbold Ontweat 314s Colo A The first Issue of these bonds have a broad public market andare now selldesiring to dising above par Anyone and get the propose of these bonds ceeds immediately- can do so upon payment of a very small commission' to subscribe for the wishing Anyone new 4 per cent isstie at par can do so us without any charge therethrough ' fore Dnvw Colo Co Colorado 8prim A Broker ase hTMtont ' Co Dearer Jk E MeGlashea Colorado Baftldlaa Trlaldad Colo A Darldnoa A Co Caapcr Wyo U'a C A Baelder Sfcerldaa Wyo - II b Cole Stoek Ezckansc Balldla Salt Lake City Aatealdea A Co First Natloaal Bank Balldlaa - Ralph A Badger 1 over-subscrib- at 24c O Opohongo 1000 at lc Prince Consolidated 300 at 92c LIBERTY Badger Bros I ir ' 160 Main Street Sadt Lake City ey PURPOSES OF THE COMPANY It is the aim of the company to develop the maximum of Oil production from the extensive oil lands now owned or later acquired on the great Powder River Dome in the state of Wyoming and extend operations from time to time as deemed progressive and advisable and for these purposes the proceeds from the sale of the present treasury stock offered will be used DRILLING OPERATIONS We are informed the company is planning the immediate drilling of wells sites for which are now bePetroleum Company the Casper-Embing selected by the operating and geological heads We anticipate will shortly rank among the heaviest drillers in the field We furthermore expect wells will be drilled in record time and at minimum cost - We urge orders to be sent ns immediately Dem W H Child j - £ The Counsel Hon Fred Hammon Casper Hon A J Weber Salt Lake City Hon W H King U S Senate we are informed constitute the attorneys who will act as counsel for the company 100 at 25c 4000 at Opohongo Plutus 500 at 38c 700 at- 38)c Prince Consolidated 100 at 94c 200 at 93c Reeds Peak 1000 at 2c 500 at 2)c Rico Wellington 500 at 33c 4Sioux Consolidated 1500 at 6)c 3600 ' at 6c Tecoma Consolidated 500 at 16c 1500 at 7)c Tar Consolidated 2000 at 3)c UtahBaby West Toledo 500 at llftc Zuma 1500 at 11c 1500 at 10c 500 at 10)c 500 at ll)c e Casper-Emb- at at Michigan-Uta- h wells Over 5000 acres of choice at 2500 at $1 100 at $102) seller $102) 60 days Crown Point 2000 at 5c Centennial Eureka 500 at lfc 100 at $160 Empire Copper 14c Eureka Mines 500 at500 at 21c Howell 500 at 20)c David 1000 at 4)c 500 at 4)c King 1000 at 4c : May Day 1000 at 4c Moscow 500 10lc last 3 ng to drill MIXING NOTES Boom The company has no indebtedness PETROLEUM HOLDINGS CASPER-EMBA- R 40 01 03 05 01 166) - At 10 o’clock a pi September 17 1917 at the offices of the Casper Trust Co Casper Wyo subscription lists will be open to application for 500000 shares capital stock of the treasury holdings of the Casper-Emb- ar Petroleum Co4 at the price of 17V£c per share net The lists will remain open until midnight September 30 1917 or be closed earlier and without further notice at the discretion and by the action of ths Casper Trust Co The privilege is reserved solely to the Casper Trust Co to reject pro rate or allot an or all applications received 01) 02) 15 ‘ TREASURY STOCK ISSUE 10 03 05 05 10 05 02 01) 01 Net $V)0000 stock in treasury - -- 17c Capital Stock $1000000 Far Value of Shares 25c Each All Common Stock fur-nla- 001 00ft direct-smeltin- MAN FRAN CISCO QUOTATIONS b 8 Main street 'Badger Bros Brokers 160 received over their following quotations ' private wires yesterday: 07 10 06 1 Utah-Arizo- -- 03 02 15 03 62 01 02ft 500000 Shares Capital Stock Treasury Allotment CASPER-EMBA- R PETROLEUM COMPANY Special Park City Sept 28 —Shipments of ores and concencrude trates from the mills this week totaled 2958 tons and the lot is estimated at This is compared with 2590 $125000 tons the previous week All the mines are operating this fall on probably more comprehensive lines than ever before The refcord of shipments this week shows three of the out more than 600 big mines putting seven tons each during days This is a record the camp has not shown in the many months These shippers are nearly 900 tons the CoaliJudge with660 and the Ontario with tion with more than 600 tons The Daly mine is reported In good and it is the talk shape these : daysFour that the Big Exploration will resume operations in the near future The shippers this week were as fol- lows: Judge 51xlnc& 8-- ' Judge Silver King Coalition Ontario D&ly West Daly Silver Kina Consolidated ' California-Comstoc- k Creek Ji&sors Total 03) 00) 03 ANNOUNCEMENT OF OFFERING - 01) 00ft q'e Thousands of dollars are being made over night by investors in the Wyoming oil fields A well is struck in an hitherto undeveloped field instantly other drilling outfits are at work near by new companies spring into being and stock which was worth a few cents begins to be quoted in dollars”— Rocky Mountain News Denver Colo of Sunday September 2 1917 During Week Herald-Republica- n ng ber 25 1917 - 04 16 01) - & e ‘ claim-jumpi- Three Big Mines Ship 600 to 900 Tons Each $l-07f- 4 May X Haxel Pine Hole in the Wall Iowa Copper Johnny Kennebec Lemhi Gold Loland Tunnel Logger Lynn Big Six Manhattan Gold Montana Bingham Monarch Mines Nevada Zinc Nevada 'Silver Ophir Gold Mines Con M & M Ouray Oces n Phoenix Pacific Extension Polar Star Queen of Sheba t Rochester United Serena Selma Silver Reef Silver Flat Silver Tungsten Sunset Santaquin Consolidated Chief Santaquin Salt Lake Tungstonlon South Park Tintic Delaware Tennessee Extension United Promontory Valley View Mines Wasatch Zlnna e a v ll - Gold Reef 8 7 Total Herald-Republic- 01) 00) 07 01) 01 Gilt Edge 147 Charges ! 02ft 01 00 Gold Hill 18 Giles M & M 13 b A t Eva East Tintic Eureka King Eureka --Lily Silver ' Cars Eureka East Hecla 23 Fortuna Gold 21 05 01ft Carbonette Keystone : Continental Central Eureka' Delsa Deseret Mountain Dugway Bertha Dugway Mines Dry Canyon Consolidated -- Chief Consolidated Colorado Consolidated Centennial-Eurek- a Grand Central Gemini ictoria Tintic Standard Empire Mines Opohongo Gold Chain Minnie Moore lease Ridge Valiev Bullion Beck Eureka Hill Victor Consolidated e e e e 'e Arrowhead Alta Divide Baker Bingham-Tooel- e Big Cottonwood-S- ' King Bailey Bullion Bornite i Big ICing Big HillMetals Boston Boston 'Development Bullmoose Croesus Gold Cottonwood Atlantis ' Prince Copper Cove Uranium Copper Cottonwood Grand Cent’ —Shipments of ore follows: 'unless the fact that hit the predicted slump mark This was and then rebounded to t 01 on sales of about 10000 shares It sold 03 01 Some 2500 shares at i the low figure 06 think it has reached its low level and 01ft some think not This is some drop from a recent high of $280 00 Prince Con tumbled again to ' 92 01 cents on sales of 700 shares Michigan 05 was down to 24) cents Standard held r at $150 'Plutus moved up to 39 cents 10 which was skyrocketed up to 17 Zuma 05 fell to 10 cents cents' 021 yesterday 'a terrible ‘tumble In three 02 short days it la declared King David 02 was active below 5 cents 011 Sales yesterday totaled 83890 shares 03) valued at $1692525 The official clos01 and sales were reported ing quotations 00) Columbus-Rexa- " Alta Superior Alamosa ' Consolidated Dragon Iron Blossom Business continued' rather dull on the local mining exchange with no fea-tu- 49 is now taking 'place in the POWDER RIVER OIL FIELD The busy hum of men the constant whir of drills feverish haste intense excitement all signify tremendous activities in the newest of Wyoming oil fields Rigs tools and casings are being rushed to the ground to guard against and possible government withdrawals” —Casper Press Septem- OUTPUT LARGER re Eureka Sept from the mines of Tintic district this week' totaled 147 carloads These are estimated at 7350 tons and valued at '1290000 This is compared with 170 cars the previous week The perceptible diminution in the is caused by shortage of shipments cars and embargo on certain kinds of ores Some of the trains entering the camp came practically empty of ore cars On one road the regular trains in two' days brought in but two empties This with the stop orders from the smelters is hitting Eureka fairly In the solar plexus The ore held up metals dropping every week and the 'mines in possibly better physical contheir dition than at any other time inwhich-with history makes a combination under is getting coal shortage Tintic operators the cuticle of the Shipments of ore this week wcre as 28 PARK CITY ORE SALES DAY - V- UleraldRepubUcan Special $16925 Below are the quotations and sales WEEKLY OUTPUT theCamp Hard - t “A scramble nearly equal to the famous gold rush of A Dea-verC- elo i A Co Dyer Colo First Natloaal Baak Balldlaa Dearer W H Child A City Lake City J A Moglo & Go Salt Lake Ogden i Erans-Morrls-Whlt- aey C S Hersla Co Exekaasre Balldlaa MeXesI A Co 1S4 LaSalle St Chleaao IIL Blue Jr Ca Cedar Baplds lavra v C L Blasa A Ca Vaaderaraff Balldlaa mttshara Pa Dera A Thomas Xevrhaose Balldlaa Salt Lake City K Km Jm D Pablle OH Eiekaxae Casper Wya Exehaaae Balldlaa Salt Wyomlaa-Maataa- a Peaplea OH ISxehaaae Dearer Cola Bostoa Balldlaa Salt Lake City Dattoa Staley A Co Casper Wyo Ca Vo Salt Lake Badaer Brathers ISO Sooth Mala St Salt Lake City Ralph A Badaer Co 39 Mala St Salt Lake City R X Saaferd A Co Repahlle Balldlaa Kaasaa - City ' Me Ildrsla Steele A Co Sherldoa Wyo Wyoailaa OH Brokerape Cheyeaae Wyo' R W Brow 1308 Waldheias Balldlaa Kansas City’ H Ross Lewis 704 The Rookery Chleoao III I A |