The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1908-10-04

mercial and Industrial organizations
has sued an Article on OH production
iu thc State OF oklahoma. which
contains much information on the sub
feet hitherto unknown 10 many In the
state The Ardmoreite takes pleas
ure in reproducing the article which
is as follows:
The entire oil production ol the
world in 1906 was 2ll0On0oo bar
rs's. the output Of tho oil wells OF OK
'auoma for 1908 viii reach $1,000
OO harr,ls-in other wOfds Oklahoma
VIII this wear produce more than one
fourth as much oil as was producel
r .hp entire world two years ago.
aud w great majority of tue neo-
uIa of oklahoma have little or uo ,uu-
CepIou cf 'he magnitude %. the oi.
industry of tho tate and wonder why
there ias been ~p much agitation
over 'he recent rip" Nna c'nfruy.--t.
The oit produced ir -rH state of OK
'1houa This wear ar The prevailing
urIc of a. cen lar barre. would
bring .o fia OF mon wO-a 'rar So
"l.0Uo hu' owing -o -he lack 20 srf
fr.ar- pipe Tine fo carry OF -ha pro-
'ue- .la amount received Hv -NF rro-
fHcar, viii really h- considerably
less
With proper uira 'in, facilities and
@ w 'a--a refua-'as located within
tfa state .re urofuct would hn worth
srH.1onU.' instead of S-2Or0o0o Tor
nv actual demons ration ir the refn.
cries at Marcus Hook. y T.. a cargo
Of cH from Glenn pool nsld iu Okla
homa bought here a, a. cents and
transported hv nipe line to the gun
and hv barge from here 90 the refn-
e-v showed practically the same re-
firing qualities as the Pcnnsylvan' \
oi' FOR which tha producers rec I've
rs ner barrel Tho TRANSFORMATION %
fhc Pennsylvania oil costs - cent
asr barrel Of the Oklahoma OH 9c
cents making the on from me for We
or stare cost $500 laid down af 'ec
frcrv while fha Oklahoma oii
EQUALLY as good g. delivered % 'u.
raj cost 0f g. 90 per barrel lel,,u-
1 difference 81 50 cent n7~rt''
v-hfch .hou'd and would L1 90 tha
Oklahoma producer if fh .-a V"r if-
fcieut uino lines % tax 'r' culrr
rr'luc' o' he field and a few large
. rsfueri 20 hiring about competition.
Tho OH production of Tho great gulf
fe'd has fallen of 50 that f. is less
. than ono-'hird that % Oklahoma the
I 'n fro outuut Of Texas last month he.
ine 900 500 and Louisiana f276O0 bar
F rolls. total OF 1850 400 barrels as
/ compared with an output OF { 500 0O0
/ for 10 Oklahoma field This falllng off
, hos compelled tho grca' refneries \,
. . faH. ..tl
aud thov have secured n large part q
The nresent output I'm thf' state. nevei
having more than 81 cents AM often
when 'hov found n producer who wa
forced 20 soil compelling him 10 fokS
cons s'dorahlv less large quantities
having ben bought hv nem I'm ths
Glenn pno' aS low as oS conts ~ No
Same time these refneries wero nav
ing f.om IS 20 70 cents for u'f oi
OF n much Inferior ou7litv.
FROM tho above figures O. can h'
ra7drlv seen fhar tho Oklahoma oi
field ar present rs tho richest and mo
productive in rho world and the au'ir,
stat would hn greatly harefta1 Doc
mo building of pine lines and refnel
Jos for the result would not only hs
for ha producers 10 receive move 10.
The nros M op'uut ~ oil urt tho o1rN
+ development % rho Ro'd 20 its ful' o.
narifv ~ eighty or q hundred million
barrels ~ oil nor anuum and tho con
7"orarf building MP OF many great m
drs rios
Tho investment o' caDitq' in +'o ri
iudrstrv OF mo state has a'road,
reached tho onorn oui' sum or $40.
""' 600 ari the amount is increasing
Zach month. practically an of mo cap
81 so invest d coming IN from IN
outside
This amount rs divided into tho soy
n-a' classes of Investment as follows
Wells and .0u.pment' 100000 op.
. Pin" lines .......... - 0o0 uO
Tanks and o0u'nments l2oooOor
Bonuses ......... ........ . 600 Cp-
'o''' ........... ..-...N $50 900 ."o
Trr amount Thus inves'o' is more
than % ner cont Greater han the on.
tire total assessed valuation Of nrop.
crtv ~ an kind IN Oklahoma Teri
'cry FOR the wear 1907 and a. a result
Of tho investment more than 500 OOo .
o0o OF now wealth Is brought into OK
is'orco This vsor
The two million dollars ~ bonuses
has an gone into he hands ~ ludlvid
nal citizens and much OF tho other
funds have gone FOR labor and mater
ials furnished locally.
Nearly 5000 oil wells have beer
drilled iu the state az an average Cos'
of $i,.a each, the oil man ha hi'
much invested in every hole whether
be- gets oil or not The"c are 900 mile,