The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1902-01-09
A GOOD INVESTMENT.


an investment could be a good one in
which there was possibility of los
ing the principal sum invested. Yet
such thing is probable. When the
original investment is small, and the
gain great, man may afford to take
some chances on losing the original
investment
believe the Treasury stock of the
Illinois Oil Bond Company at 20 cents
share is a good investment, al
though there is possibility of losing
the cash you put in. The reason for
this statement is the great chances
for large gains in the production of
oil.
There is now 200 barrel we'll on
their land and they are selling the
product at 60 cents a barrel There
are IA other flowing wells on the same
section of land with their 200 barrel
well. The Standard Oil Company is
building 40 tanks within one mile of
their land and have thirty already con-
structed. They are having use for
the thirty tanks to their full capacity
and now find they need to more than
double their facilities. 1t is too
notable fact that the Standard Oil
| Company have not entered the Texas
Field. It's experts have gone all over
the section and Rockefeller knows
every detail. His agents go every
where; and if the Texas situation was
a factor he would even now be in con-
troll.
Not only the Standard Oil Company
have planted themselves in the Kern
River District, but the Union Oil Com
pany are also there and building a
large refinery within few hundred
feet of our land.
You will say, perhaps, the Standard
Oil Company will "gobble" the smaller
fry up. Not so. The Standard Oil
Company does not bore for oil. They
simply are after the product of those
who do. They went into the Ohio
field when oil sold at is cents a barrel
and were the direct cause of raising
the price to $1.15 to $1.2O barrel and
it has remained close about that fig
ure since. We do not consider the
presence of those larger oil companies
in the Kern River a menace but rath-
er help in bringing to our doors q
safe and sure market for the millions
of gallons of oil we will certainly have
within the year and when ten more
wells are finished for which contracts
are now let, surrounded as we are by
IA other flowing wells, all within a
radius of one mile, let me ask you
why our stock will not be worth So
a share when ten more wells are sunk.
In the circles within which oil is pro-
duCed the sinking of a we'll means al
most a certainty in the striking of oil.
You may say, well, your management
will get away with it if you get the
oil and the little fellow will not get
anything. My answer to that is the
men who are managing this oil COM
pany are reputable men. They have
a good reputation for truth and We
racity, integrity and honor. as the
best. Given an honest management, a
field to bore in for oil that has been
proven, and why in the name of COM
mon sense are You not just as safe in
your investment as in any other ordin-
airy venture? We plant the seed and
take our chances on raising crop.
We hang out our shingles and take
our chances on getting clients. The
insurance Company insures our lives
and takes the chances on our dying.
They can afford to do it for the mod
est premium they get. So can you,
my friend, afford to take the chances
on an investment in Illinois Oil Bond
Stock at 20 cents a share. Why?I
Simply because the chances for gain
are numerous enough to justify it.
There are ways for the timid offered
by this company which will enable
| them to invest so they cannot lose
| dollar. Fifteen minutes in my Office
will explain the different offers of the
company and 1 will be pleased to give
the information.
If you ask why, If those fellows have
a good thing they cannot find the
money right at home to carry it on?
And why do they go East &c for mon
ey? l will answer you by saying that
! this is the kind of investment which
is classed as speculative, We do not
know as an absolute fact that we will
get oil when we drill well, although
we have lots of reasons for believing
we will. Then the Californian can
hardly go west for money. Banks do
| not loan on speculative securities.
| Then the money. and it takes a large
sum to develop an oil field, must be
raised in some other way. When they
get oil in sufficient quantity they will
not only be able to get all the money
they want right at home, but you, my
friend, will never have another chance
to buy their stock at 20 cents a share.
In conclusion, why not make an in
vestment in this enterprise as you can
afford without embarrassment? You
certainly will be helping good thing
along and increase your own wealth
very materially. 1t is not unreason-
able to estimate this stock you buy to-
| day at 20 cents, worth SIS a share in
twelve months from this time, and it
| will, if they strike the oil in the ten
wells, in quantity proportioned to
what has been done in other wells in
the immediate vicinity.
/ have noticed it takes an awful
sight of argument to convince a man
that he ought to do his duty. Further
argument that Illinois Oil Bond Stock
is and will be a good investment is
unnecessary.
| I NJ uEppoJ