davidaulloa/AmericanStories huggingface dataset:
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1910-07-13
GENERAL FUND

Street and Alley Repairing Grading Gutterng
Paving Crossings Culverts and Bridges
Street Lighting Lighting only
Park Fund-Fencng Trees Grass and caring for
Grounds and Walks
Advertising expenses
other expenses provided
Salary FuFOr Salaries OF all officers not provided or
Totals '''''''''''
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1910-07-13
Estimate Blank for City of Ardmore

Haas% S% "Sn S%as prov
completed on
The San Francisco call., 1910-05-18
GUSHER KEEPS UP
WONDERFUL FLOW
Lakeview Well in 63 Days Has
Produced Oil Valued at
S1,5O0,0OO-

The Lakeview gusher is still main
tanning its enormous flow of 10000 to
$4,000 barrels a day The output va
ries somewhat, but if it goes down a
trifie one day it makes up for it the
next. At first remarkable spectacle,
1t has now become scientific wonder,
attracting the attention of the world.
In the So days of its existence it
has poured forth between 100000 and
2,750, 900 barrels of oil Of a total mar
ket value of more than $1,500000
At first it spouted high above the
derrick, but it has since widened the
surface aperture to such an extent that
it now comes up like a tremendous
artesian well. The top of the hole has
become much like a caldron, % feet
in diameter, filled with boiling black
ness
The work of reservoir construction
still proceeds, the Union having shifted
its forces from the Purissima hills to
the Maricppa property The oil flows
from the well in rivulets, cutting chan
nels deeper and deeper through the
sand.
The San Francisco call., 1910-05-18

withdraw from settlement. loca-
ton, sale. or entry. any of the pub
lie lands of the United States, and
reserve the same for water power
sites, irrigation. classification OF
lands, or other public purposes. to
be specified in the order of with
drawals, and such Withdrawals or
reservations shall remain in force
until revoked by him or by an act
of congress. provided that such
orders of withdrawal shall not af-
feet or impair the rights Of bona
nde occupants and claimants of oil
or gas bearing lands, who are in
the diligent prosecution of work
leading to discovery, AMI who shall
make discovery of oil or gas Suffi-
within (-) months from the pas
sage of this act
All lands Withdrawn under. the
provision of this act shall at all
times be opened to exploration.
discovery. occupation, and pur-
chase. under the mining laws of
the United States. so far as the
same apply to minerals other than
coal, gas. oil and ph0sphates. The
secretary of the interior shall re-
port all such withdrawals to con-
greSS at the beginning of it's next
regular session after the date of
the Withdrawals"
The time limit left blank in the drai
If the bill, is to be determined later.
The San Francisco call., 1910-05-18
ASSOCIATED OIL
COMPANY is SUED
Salinas Firm Claims Fuel Con-
tract Has Been Violated

legal contest has been begun in
Salinas over an oil contract entered
into between the Monterey county gas
and electric company and the Asso-
ciated oil company.
The main issue is a contract which
means $4,000 monthly to the gas COM
pany or $4,000 before the remaining
five years of the contract has expired
The gas company sets up the claim that
the Associated has refused to live up
to the contract to furnish oil at SO
cents per barrel at Monterey and SIS
cents per barriel at Salinas, but instead
has been charging the gas company at
the rate of 81 a barrel since January l.
Attorney p. e. Zabala of Salinas and
Burke Corbet of San Francisco are the
companys attorneys. The Associated
oil company goes into the case by
reason of its succession to the business
of the National oil and TRANSPORTATION
company. 1t assumed all its liabilities,
together with the contract made with
the gas company, it is alleged
The plaintiff complains that it has no
other source of obtaining fuel oil ex-
cept through the Associated.
The San Francisco call., 1910-05-18
OIL EXCHANGE TO
ORGANIZE IN FALL
Bakersfield Brokers Do Not
Consider Present Moment
OppOrtune for Project

The opening of the Bakersfield oil
exchange has been deferred until the
fall This decision was reached by the
governors of the organization after a
thorough canvass of the situation. 1t
is the belief of the brokers that the un-
settled conditions now prevailing tend
to make the moment inopportune for
launching the project
I'VE have thought that it would be
wiser to wait until fall, said B. A.
Hayden of Bakersfield. AT that time
all doubts which now exist will have
been removed. The uncertainty grow
ing out of the terms of the Pickett
bill will naturally initiate against
the desired volume of business. This
feature will be cleared before congress
adjourns. but in the meantime there
would be some hesitation on the part
of the public to invest in companies
that might be affected
We have also taken into considera-
tion the fact that the transportation
facilities are inadequate to carry oil
coming from the wells In a short
time the needed pipe lines will be
under construction and the market
ing question will be solved
1t will require a few months to
remove all these elements that might
make investors timid. We are in good
shape in Bakersfield. We have a large
membership and money in the treasury
We will be ready TO start up in the fall
and we are looking forward to a big
volume of business"
The San Francisco call., 1910-05-18
SALE OF PEERLESS
HOLDINGS PENDING
Negotiating for Purchase of Big
Kern River Producer

Negotiations have been opened for
the purchase of the Peerless oil COM
pany. one OF the best producers of the
Kern river field. The name of the
intended buyer has not been revealed
nor has the price been disclosed. 1t
is stated that the arrangements have
not yet reached the point where this
information can be given out. One
report has it that interests closely al
lied with those that took over the I'm
perial and Thirty-three oil companies
have put in a bid for the property.
The Peerless has holdings in the
Kern river district, Sunset and Coalinga.
1t was organized 10 years ago by John
N. Wright and was one of the earliest
Of the profitable California petroleum
properties. 1t has been Handicapped by
an old contract with the Standard for
100000 barrels of oil at 2S cents.
1t began with the development of
160 acres near the Imperial but the
slump came along and prices went
down. It was at that time that the
Peerless directors entered into a con-
tract with the Standard for 5000, 900
barrels at 90 cents. This amount was
later raised to 100000 barrels and
the price advanced to % cents.
In order to take advantage Of. the
rise in prices the company later ac-
quired valuable tracts In Coalinga and
Sunset for a sum close to 100000. 1t
was thus enabled to sell in the open
market
Despite the difficulties presented by
the low figure contract the Peerless
has paid out to its stock holders in
dividends the sum of $S01,000.
The San Francisco call., 1910-05-18
TAFT. SEEMS TO FAVOR
COMPROMISE OIL BILL PUT
FORWARD BY CALIF0RNIANS
Measure Provides That Locators on Withdrawn
Lands Be Given Time in Which to
Make Discoveries

Advices from Washington received
may be reached on the pending oil leg
islation. The compromise, as out
lined, provides that locators on with
drawn lands will be given stated
period in which to. make discovery.
The federal authorities, it is said. be-
1ieve this period of grace should be
limited to six months. The California
delegation has suggested that Is
months would be more equitable.
When the news was received here
in private dispatches the expression
was general that even Is months was a
brief time in which to limit the loca-
tor. 1t was proposed that a saving
clause might be added by which undue
accident would not necessitate a COM
plete sacrifice of holdings. 1t was
pointed out that as prospecting is done
by means of single well some un-
avoidabIe mishap might make discov-
cry impossible within 1S months.
SITUATION UNCERTAIN
1He SITUATION dI the cdplIdl Is re-
garded as still dangerous, but there is
a feeling that at least the menace of
forfeiture has been removed. The fol-
lowing telegram. giving an outline of
the proposed compromise. was received
yesterday from the Californians in
Washington:
Senator Flint. Henshaw, Metcalf
and one or two other oilmen had
conference with President Taft this
morning. Henshaw presented a bill
that he had prepared. and which. we
understand, the president regarded ia
vorably. 1t provides that title may be
acquired to the lands named in the
withdrawal order, if actual discovery
of oil is made in given time. There
is some division as to the time to be
allowed. The president thought six
months sufficient, but the committee
suggested Is months. The text of the
bill as proposed follows:
THAT the president may at any
time in his discretion temporarily
The San Francisco call., 1910-05-18
OIL AGENCIES
TO CONSOLIDATE
Independent and Coalinga Will
Join at Meeting to Be Held
in Bakersfield

meeting of the utmost Importance
to the oil industry of the state will
be held today in Bakersfield when the
final consolidation of the independent
and Coalinga agencies will be ar
ranged. 1t is understood that some
important announcements will be made
upon this occasion.
The three topics of greatest interest
will be the proposed new pipe line of
the producers, the addition of powerful
interests to the agency, and the ne
gotiations of new contracts. 1t is
fairly well settled that the producers
will at an early date begin construct
ing line to parallel the one now RIM
ming from the fields to tidewater. Al
though the first duct has lust been
completed, the enormous output has
necessitated the construction of sec
ond The expense of this undertake
ing will naturally be less than that
of the earlier venture The financial
arrangements have not yet been an
nounced, although it is understood that
and operated under the same agree
ment as the first. This will give as
surance of an ability to carry the
supply to the sea.
At today's meeting the announce
ment will also be made of the sue-
cessful conclusion of contract with
the Great Northern railroad COMPANY
for big delivery of petroleum over
a period of years. Neither the exact
amount nor terms have been stated
1t has been reported that it will take
care of a large percentage of the pres
ent surplus. Another contract was
closed by L. p. ST. Clair during his
recent visit to th4 northwest and the
terms of this deal will also be made
public today.
The Independents have reached an
understanding with certain banking
interests by which it will be possible
to borrow money on oil in storage.
This will enable the producers to reg
ulate their product in manner not
now possible. Storage facilities win
be provided along the route of the pipe
line.
The expansion of the agency mem
bership by the addition of such strone
allies as the Doheny and the Barenson
interests is now practically assured.
With the announcement that the
agency would close it's doors to new
members on May Is, 90 new companies
joined the fold. They include the
Cheney -Stimson, Lakeview, Dunlop,
Ethel d, California King, California
Seaboard. Shear Petroleum. Dillon.
Maricopa National, Templor Ranch.
Muscatine Me1wood, Canadian Queen.
Section Six, Manhattan Midway, jan
uary, Ojai Valley and the Zier. These
companies embrace an acreage of ap-
prcxfmately 1000 acres.
The San Francisco call., 1910-05-18
BROKERS TO VISIT
COALINGA FIELDS
Members of Stock Exchange to
90 On Excursion

The members of the San Francisco
stock exchange viii visit the San Joa-
Quin valley oil fields in body during
the latter part of this month. They
viii take advantage OF the Memorial
day holiday, leaving here on Friday
evening, May 81, and returning Tues
day morning, May 81. The exchange
viii be closed during their absence.
It is stated that there will be 100
in the party. The trip will be made
by special train It viii reach Coal
inga on Saturday morning, May %.
Automobiles viii be in readiness TO
convey the visitors through the fields.
After an inspection of the properties,
the san Franciscans will return TO
Coalinga to meet the businessmen OF
that city.
The run viii be made that night to
Bakersfield and Saturday and Sunday
will be devoted to trip to the Kern
river territory, Sunset, Maricopa, Mid
way and McKittrick. 1t is possible
that arrangements win be made TO ex-
tend the excursion into some of the
new districts now in the early stages
OF development, including Devils Den.
The local brokers are eager to gain a
more thorough knowledge of the in
dividual properties. It is expected
that this fall will witness heavy trad
ing in oil stocks and the San Fran
clscans desire to post themselves,
The San Francisco call., 1910-05-18
PICKETT BILL TO
CAUSE NO DELAY
Oilmen Believe Law Will Permit
Them to Finish What Is
Begun

SANTA BARBARA. May 16.-"We are
going ahead with our work in North
Midway on the assumption that the
law VIII give us the right to finish
What 1t gave US the right to COM
mence," said E. NJ Sheridan, a large
operator in the biggest oil field in the
world as he calls it. Not all of the
lands in which / am interested are in
cluded in the order of withdrawal or
affected by the Pickett bill Some of
these companies are operating on
patented lands But SO far as opera
tlons go, it makes no difference in
North Midway with the companies that
are already in the field. There will be
over 100 wells put down this summer
on lands coming under the Ballinger
ruling, so it means that these COM
panies have faith, to the extent of
S4,000,000, that the Washington au-
thorities will see things as the Cali
fornians see them when they have
fully investigated the situation. De-
velopment is going on just the same.
Taft has become the third station
in shipping Importance on the Southern
Pacific lines in the state; and every
day 1900 teams are loaded there with
material and produce for the field"
Sheridan is one of the California
Midway company men associated with
others of the same company, Frank
A. Garbutt and A. T. Jergins, in the
purchase this week of 100 acres from
the Provident oil company, about three
fourths of mile 'front.' Mays we'll.
He announces that drilling will begin
as soon as the rig can be put on the
ground. Sheridan is interested to a
large extent in about a dozen other
concerns in the same field. He was
one of the organizers of the Bear
Creek company whose we'll No. 2 has
found the deepest oil sand in the ter
ritory, having penetrated $50 foot
stratum of sand without yet finding
a resting place for the casing. The
well will be brought in as soon as hard
formation is found.
William Miller Graham, who with
Chester Beatty and w. E. Mitchell, New
York associates of Hammond, left here
early in the week for an automobile
tour of the oil fields. is in Taft to-
day, and while Sheridan did not con-
firm the report, it is understood Gra-
ham has negotiations on for some of
the properties in which Sheridan is in
terested.
The San Francisco call., 1910-05-18
OIL fields NOW
FREE FROM Water
Effective Organization of Opera.
tors Produces Good Results
in Santa Clara District

The principal operating companies in
the Santa Maria field have recently
taken further action to shut off effec-
tually the water that some time ago
invaded the properties in the southern
end of the district. The companies are
working in complete harmony and so
much has already been accomplished
that it is the belief that the last traces
of water will soon be driven out Only
one or two properties were affected. but
the organization was formed for the
purpose of preventing an encroachment
upon the other tracts.
AT meeting held last week in Santa
Maria the reports submitted were re-
garded as highly encoura ging. The
Western Union has brought in new
wells of very high gravity practically
free from water. The Graciosa. which
was the other company similarly af-
fiicted, has shut off the water from
some of its old wells and has brought
them in as greater producers than they
were originally.
The reports of water in the field have
aroused the Santa Maria Graphic. In
denying statements published in some
of the southern papers on this point it
says:
The publication of the maliciously false
statement that the Santa Maria field opera
tors were permitting the wateE to invade the
field without taking steps to prevent it was
without foundation in fact and wholly beside
the truth. because two years ago. as
soon ii was discovered that water had
/ invaded one or two of the wells on the south
side of the ridge. such an organization was
at once effected known as the Santa Maria
OIL Protective association. president was
chosen and secretary elected. a superin-
tendent secured money raised and this
superintendent. with a force of men. at once
put to work in the field. This organization
Is yet doing business, and IL any one don't
believe 1t let that one neglect the proper
precautions as to water and see how quick
some one will be after him.
As to the water in this field doing vast
damage that also is not fact. The water
did damage OF two wells on the south
side but it has never made its appearance
on the north side and it was so speedily
checked that the damage actually done was
nominal.
The San Francisco call., 1910-05-18
DEVELOPMENT in
Two FIELDS BRISK
Work in Midway and Sunset
Districts Being Prosecuted
With VigOr

The oil Age weekly gives the fol-
lowing summary Of development in the
Midway and Sunset fields:
The Fairbanks oil company, operat-
ing in the northwest quarter of the
northwest quarter, section 22-32-23, is
endeavorinS to get well No. / to pro-
duce regularly. It was recently opened
and is said to have flowed for a time at
the rate of 200 barrels per day.
The Atlantic Midway oil company,
operating in section 3O-31-23 near the
Mays, is almost ready TO spud in well
No. ]. 1T is understood that two more
derricks are to be erected shortly.
In order to overcome the sand
trouble which has prevented steady
production in the past. rotary rig is
being used to clean out well No. ] Of
the Mays oil company. which is known
as the gusher. in section 30-3I-23. A
strainer such as is used extensively in
the Texas field, and which is coming
more and more into general use in
California. is 10 be installed to keep
out the sand Three more derricks are
in course of construction or planned
on this property. In section 2S-31-2S
q rotary has been installed to take the
place Of the standard tools and good
progress is now being made in sink
ing the well
The January Ql company in section
2S-3l-23 is making good progress and
' is now down over 500 feet
The ". T. & II. in section 25-32-23
has spUdded in well No. 5.
Wen No. 3 of the T. w oil company,
depth Of about l,40O feet, was placed
on the pump few days ago and start
cd of at a good rate of production.
The BabcoCek petroleum company,
which controls 16O acres comprising
the southeast quarter of section %
Sz-2s, IS making good progress IN de-
velopment work Well No 10 was
spudded in a few days ago.
A rotary is being substituted for the
cable tools in well No. 3 of the Ha-
waiian oil company in section 3l-3123.
This hole was carried down to nearly
200 feet with the cable tools, but it
has been decided to go into the sand
with the rotary.
A rig is being installed on the Com
hination Midway company's property
in section 22-32-23 and drilling will
commence as soon as practicable. A
derrick is also being erected on the
property in section 2-31-23.
The Nisalia Midway on section %
1922 spudded in well No. some days
ago No. 2 viii be started soon.
The American oil fields company is
reported TO be rushing development on
section So.
The Alaska-Pioneer company has
also started operations on section 81
31-23. Work on the camp has begun
and derrick construction viii com
rence at once
Crandau No. well, a half mile north
Of Fellows, was pumping again early
in the week. No. had been quiescent
for some time.
Eagle Greek No. s at Fellows went
on the pump early in the week and is
beginning TO produce regularly The
flow is estimated at about 1,5o0 barrels
per day There is much gas in the well
and some trouble has been had in
handling it, but il is now under con-
troll.
The Pioneer Midway has erected a
new rig on section 30-31-23
The Southern Pacific well near Fell
lows was spudded in this week.
The North American oil consolidated
viii put on more men and take UP
more extensive operations in a few
weeks.
The San Francisco call., 1910-05-18
MIDWAY TO CONNECT
WITH SANTA MARIA
New Company Has Men Work
ing for New Pipe Line

The Refining and Producing company,
which recently acquired the Oilport re-
finery and Alliance properties, has men
in the field obtaining rights Of way for
the pipe line that will connect the
Midway field with the Santa Maria
Port Hartford line.
The route selected eliminates the
wide detour and cuts the distance down
to approximately "a miles.
The company has obtained permit
to use the San Luis Obispo county
wharf at Avila. 1t will do its ship
ping from this point A new road will
be constructed across the hill from
Oilport to Avila for the purposes Of the
refinery,
The San Francisco call., 1910-05-18
NORTH MIDWAYWELLC COMES
IN AT 5000 BARRELS AND
MAINTAINS STEADY FLOW
Sensational Strikes Cause Other Companies
To Enter Into Race With Rich Sands
Below as Their Goal

Macpa at North Midway have
supplied the developments
No owned by the Union oil 35l24 1850
southwest OF the Lkele has been
It has carried the formations the gush big
pocket struck al 1900 feet 1t
being made handle a big flow.
of Pioneer Miduvs
Sburger of Francisco It came in at 5000
barrels and has been performing steadily located on section
the Mays
News Of the strike in the yesterday bv the
Rbnnn whose Maricopa adjons property 1t
the telegram that the
Il added that had not affected the flow
The work this
sand The Macopa SO
entered the second sand and other preparing
to deepen producers
The San Francisco call., 1910-05-18
OIL DIVIDENDS

Write Pacific Brokerage Syndicate,
81 Montgomery St, for market letters
giving weekly reports of all oil divi-
dendS and important information about
oil stocks Free.
REPORTS ON MARKET CONDITIONS
Keep advised of conditions in oil
stocks by having a weekly letter giving
all changes in prices, market tenden-
cieS, etc, etc. Free. Pacific Brokera &e
Syndicate, 81 Montgomery st.
MARKET LETTERS FREE
Get weekly letter giving infOrma-
tiOn on all matters that affect the oil
stocks. Big business is coming in these
stocks. Pacific Brokerage Syndicate
81 Montgomery ST.
BIG BUSINESS COMING
Keep in close touch with the oil stock
market. Write for weekly market let
ters giving conditions, tendencies and
such information as affects stocks or.
the board. Free Pacific Brokerage Syn
dictate, 81 Montgomery St
BUY GUSHER STOCKS
The gusher properties make the big
wells. The big wells make the moss
money. Buy the stocks in these prop
critics at first prices. Write Pacific
Brokerage Syndicate, 81 Montgomery
tions on the big producers.
WATCH THE OIL MARKET
The oil stocks are worth watching
nowadays for good investment. The
good stocks promise big profits later.
Write Pacific Brokerage Syndicate. 81
Montgomery St, for weekly market let
tiers, giving dividends paid and an
nounced and other information on mar
ket tendencies. etc.
The San Francisco call., 1910-05-18
OIL STRIKE MADE
NEAR CASMALIA
Southern Pacific Interested in
Development of Property

An extension Of the Lompoc oil field
is presaged in the recent strike made
near Casmalia. But little has been
said of this well, and to a large per-
centage of the oil community its ex-
istence is not known. It is said to
have come in with a production of ap-
proximately $50 barrels a day. The
development, it is understood was un-
dertaken by parties affiliated with the
Southern Pacific.
The San Francisco call., 1910-05-18
CORPORATIONS FORMED
BY OIL COMPANIES
San Francisco Chosen by Firms
as Headquarters

Among the OIL companies recently in
corporated in San Francisco are:
Santa Ynez petroleum company, capi-
tai 100000; directors, A. j. Ross, Rich :
ard M. Lyman, p. $. Smith, A. d.
Keyes, T. e. Palmer.
Pleyto oil company, capital 100000;
directors, w. S. Johnson, j. A. Anderson,
w. w. Benchley, A. X. Daggett.
Berkeley Coalinga oil company, capi-
tai S100,000; directors, B. w. Mcintosh,
T. H. Thompson, w. H. L. Miller.