Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1914-06-24
WILL CONVENE AT THE COM
MERCIAL CLUB AT 2
O'CLOCK
Much IMPORTANT WORK
Will Consider the Shutting Down
of Production Throughout
the State

,,,,,t nrou,i.,s to he ono Of the
49,. ....., ,.,,,l. A.,
most important I",'''''S'
connection with the on business Oh
This state win hc called to order
,..,,..,,,l,. M . o.clo,l, this afternoon
H''i, P"' "' a.. r.,.,
III lHe aSs''-"'S i"'''' VI
Commercial club.
prodrcars from all the oil fields Of
....;,, o,a q "a
oklahoma are "il'N'"S
thought that the meeting VIII he thS
mcst generally attended of any that
has Deeh helu !" 'r''"'
The purpose of the meeting Is I"
crdoay,r to devise some scheme by
rbi,b tbo present overproduction cal
be combltcd and to that end 1t Is
bonod that REPRESENTATIVE gathering
Of ou MOI, will ne on hand so that any
ortinn taken H., the assemblage will h1
Concurred in generally all over thu
stoto
Thore can be no doubt but that the
rrrscnt situation is precarious Thert
. more oil being produced daily than
ol,i,bor'a has ever before produced in
it's history and apparently there does
ro+ snom ia he a decline Of any char
n,,or
Moro wells are being drilled ana
,,Iro ,ig nroducers are being COM
,in,cd nan at any other time in the
Lstorv of the state since the days
~ the Glenn pool. and even I'm those
Ga,s tho Glenn pool was practically
All tbnrn was TO the oil business Of
oi,ioboro
Tha erfcrt of the ovcrproduction
hos heon fclt and the market has de
rIined 40 cents from $1.05 to rs cents,
onI a,,noreutlv there is nothing in
sInrt ~ indicoto mat it will advance
;n u,o varv noar future.
.,rn, ,nlIcb oil' is the cry heard on
-, sidc and with the production
10 ,,orio,Ie fields in this state pro-
drcing ahout 275. 600 barrels OF OF;
S1uuun7, soo,ns tbat tho complaint l.
t.iittiaS
tnrordinplv with the future out.
III, not verv bright. some Of the
GIiabnnn. nroducers at a meeting on
,rrndav last ot Oklahoma city. issued
AZ romo.ai coIi to every oil man IN
o. nrHducers nine line or re-
sino, ~ eather In Tulsa on Wedncs-
I'm -, f,orToor and discuss the situa-
70! "ii,i,,r 20 tbe suggestion Of a
,,,,,od,, FOR Inc prcsent congcsted con-
lt.t,n 4, mo oil business
u'''o" D., onn RcaI solution.
.,,,no,',l,' ,boro are hut two solu-
,,ap Hp'. 90 no nroblem. shut down or
u.i1 ~ io.,,ar market Tho latter
@ s,,oi,, he eliminated 80 the only
~ ~ ronycd,, j. to shut down.
,rbis ,,i9r bos hpon advocated for
,,,d,,tbs and had if hceen heed ed
@ n.'' ti','o ,,'ithin tho mas. few months
NY sit',otinn ,vould have easily taken
Wv 10 ,,soie However there is no
~, i',u,ait;rg Tho fact that the
W 1tI ~ sbut down so the
~ ,,,ino to do Ia to face the pres
oltN ,,',tH "a o,doo,,or 10 relieve
r,io oso,,, o,,''' and fntnre conditions
na, safoIv no stated that many
.i5roors ot th,s time favor a general
p,..i',', 5ou., On Of driIlinp wells II
81 ,h,,io,Is fact maj if no wells were
n,,,oS an uys sor noriod 81 several months
.l ~ iSr,t,d,, a. would eoon be down
.nI p.aT aoh :, 10 nhviotisly lust as
70 no, ht hia' o,,or,, %or drilling well cannon
u"c va" Accordinglv ~ n Is
%. 'Itu' 30 ,bo mcoting that II no
otbor snIution but shutting down pre-
%p'n., % ;,,'aIf r., tho arrnncements for
",h,, -, ,,,ust no conducted So
snu.';'e su, n.iiI UI ca,,.e no bardsbip or In
tna' nc. ",,. ono
Jui W. , ag,;,s, tbo Srhcmr.
MI, w I'm - many nroducers in
-. ,bnt TaNnr 10 plnn and ma ny
W I'm ,',,..a, 1, II bas alwavs a H.
.ha. Min "'t, ,ta s,rs,co That shuttInr
Eo1'eu vi s,'0 49, tbing 10 do and
uoWn We ,ne ,.e tr,od IN n,nnv fields
!" ~ ,'.t =, 20 ir,lIing in mo cushine
~ ,,,,.or us ,,ii,n no annarant move
i'''u, H m"N ~ Jr,ilino ,,rtii rscentN
~ u. - 'a'' ~, - ,,,,,ro for limo nrorec.
anu tu'n !, We We t,,, ia,,,,, .,,sod
uoh tnan ~ ",s aS,,sors "a 80 iD No oidei
soli' VI 'ne ittsto f,oiSs 70 START mr.
anu iess p.oi,i" ~, tSnra ,,,os ~ ne,
asa,h i,,,.ins sdiiou's shuttiny down
III ,,n hi,, foliove in the Cushinr
c,i,5 - ,i1,ro nm nroduction faster
@ i@iolu W. ~ p,'ie iinos ~ Pcn,,Id transnort oI
man 'ne PiPS LIN, ~ teen Il In
ta,,hS In, 'umid i,Dors ,,bn sbut down mr.,
une ,b, .',iin,nr tbat ,ts IL IN,
sun ~ III. ~ 10 and II tbcv finf
~ a. - r no nroditcnr. arc ol
enc actcIu az tilS u't,, 80 -, "