The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1904-03-06
Some Treasury Stock Now at Fifteen
Cents That viii Go TO Two
Dollars per Share.

The Publishers OIL company Of Cherry
vale stock an enormous large Wen on
their Snyder tract. securing thirty-five
feet Of rich oil sand This well was not
expected TO be more than q ten barrel
well but it is estimated at one hundred
barrels per day and the most conServa-
tive put it at fifty barrels. The drill
struck the top of the sand Thursday
morning and by three O'CLOCK in the af-
ternoon the drill had went through TWEEN
ty-nine feet OF splendid sand, the oil
raising up fifty 10 seventy feet while the
drilers drilled screw. AMI had to be
baile1 down so the well could be finish
ed This well is located a little over a
half mile south and quarter cast Of
the big Pennington guSher. secured a few
days ago. At the time the drill strucll
the sand the Publishers company were
negotiating for 400 acres laying in mise
strip including the Baker pool and four
flowing wells No one knew whether
the deep Pennington sand extended
through this territory and the man
ayers Of the Publishers company were
very careful to guard the secret Of find
ing this deep sand in Snyder No. ,. and
even before the oil sand was all secured
one OF the managers Of the company left
to close up on the Barker pool with the
four wells and the adjoining lands and
closed the deal at just few minutes OF
midnight. before the outside world were
aware Of the Snyder sUshcr. This deal
places the publishers company vh1re it
Will be but a question of time until the
stock Of this company viii go 10 a. least
two dollars per share. The Pennington
Barker pool is conceded by OIL men 10
be one Of the greatest finds in the oil
field. For one Thousand dollars a well
can be drilled and made ready for the
tank. The sand IS struck at about SIX
hundred and sixty feet. but it is deep
sand. ranging from twenty 70 seventy five
feet Seveuty-fiva feet was secured in
Pennington No > while in Snyder No. ,,
thirty-fve feet was secured In Snyder
No ! between nineteen and twenty-one
feet were secured Snyder No ! is on
the west side Of the compsny's holdings.
The indications are that in Snyder No.
9. which will be located four hundred
feet to the east Of Snyder No. ,. will
show at least fifty feet. while all irdi-
cations are that the main pool lays a lit
tie north and east. where the company
has all the lands for nearly mile in
each direction On the present holdings
the Publishers company can drill one
hundred and eighty wells. The pipe line
viii be into the field in less than six
weeks. In fact they have promised It
in less than thirty days and are now
buying the right Of way The Publish
ers' company can hack these statements
and take pleasure to show their holdings
to men who desire 10 join with them
and nut one hundred wells or these tracts
in the next six months Three drilling
rigs should be started ~ work by tho
first OF next month. while a modern
pumping plant with modern equi7ace
should he located in the center Of the
tract. where All the wells can be handled
from. Tbs production now from ,ha six
wells will run close 70 orc hundred ard
ninety barrels per day The wells have
flowed from fifteen 10 forty barrels when
Drilled in \ flowing well when stilled
down VIII pump more than IT viii fow.
The next well viii he drilled on The Kin
caid land. right south Of the Fe-riuzton
eusher No l. Any one who knows god
thing when they see i can tell IN one
hour after arriving AZ Cherryvsls that
= = no '-ro-- talk when We say that
this stock company under present condi-
tons will gradually advance until IL viii
pass its par value and never stop its
upward trend before r. reaches two dol
lars Ter share This company has me
Of: has wells OF every side Of i's hold
ings and a line Of wells running clear
through them The stock right row s
worth forty cents yer share without ar
other well being drilled. The managers
of this company have been diligently ~
work fer nearly r~s wear n0w They
have zained -rogrd from the start they
a-s Stayers Never q share = the pro-
rroters stock has been touched. it ra-8air
intact ard IN truss and n III market
TIE company voted at the last meeting
n sci forty thousand shares y -
--e sar- sock 8t fifteen cents per share.
or four thousand shares. s7so. zen th7us-
ard shares Sl-ft- this money goes - e.
rich the company. Tbs stock * cheaper
n. fifteen cents PER share rhsu some stock
i AZ one cent We have The goods -
hack NJ cur assets We VII pay any
ones expenses who comes IN Chsr-yvale
sra 7nls where xe have uisrep-es~-ted
our holdings The undersigned s=--et4-v
Is under ten thousand dollar guarantee
bond n the stock-holdsrs Z III crul-
panv All stock will b. issued ard sent
b-- return registered mail W. w11t 71~-
80 -ou-e here who wf1 take fran one -
Eve thousand dollars = this stock come
prepared - b1v Tor TIE company has
over Two hundred stock-h1iders and =
advertising I'll over III Tui-ei states
and VII sci this stock vi T. so7us men
vii b WONDERING Uhat 60 g. AID s-e1-
irx 70 knockers untl shiS rare o1rcrt1ni-
~ s PASSED Core a. Che~-yrzIe -
f-zt train ard - shown Adde'S II z
Tucker y =ee-e1a-z- C5er-veate. X -
Hone once ~ Tucker Lu-szr
Yard. North DEPOT stree. phoEe 2 Pc
ference. Moutzo-e-y County National
Bank. Cherryvale. Droyers Telegram
COMPANY see other locals IN this psperl
ard vsre Ire secretary AZ his expense
what train ycu vIl arrive OF