davidaulloa/AmericanStories huggingface dataset:
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Look for a Big Raise

The prospects are mighty good for
an advance In the market ana this
time II IL likely 10 be an advance that
will make all the old-timers DIZZY II
the government were to drop In here
and commander all the oil In tanks
with the posted price standing at $40
somebody would lose pile of money.
For Instance. II the government
were to take over the 100000 bar
rels owned by the Prairie oil n Gas
Co AT the present market price II Is
plain 10 hc seen that the Prairie would
he out fi0.O00,000 The Carter OH
company has little over 1900, 900
barrels and were the government To
grab this oil It would leave the Carter
at least SlI00O,OOO worse Off than
they have figured themselves to be
worth
Not only that but the Prairie oil &
Gas Co.'S oldest and closest friends
have Joined In protest TO the Prairie
against the present price Of crude.
II Is the first time that these gentle
men have ever made kick and IL
certainly ought to be am effective one
In this instance
id-Contincnt crude has been far
below eastern crude In the relative
scale of prices ana this is plainly owl
dent from the fact that Independent
rcfiuers have been paying tremendous
premiums In nearly every part OF the
field.
In ono Of the northwestern pools at
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
IM7sZZz@MNMglGzo1
OFflcE 62f1 WAPECK RESIDENCE; "a IL

least 1000 barrels per day is going
% independent rcfucrs at 30 cents
premium This 1000 barrels repre-
scuts ouc-third of the entire prOduc-
ton Of the field
Tho wmc thing applies al Gushing
whore easily onc-third of an the oil
produced is bringing so cents per
barrel uromium. Rcfincrs certainly
could not live and pay these big pre-
mums II the posted price was any
thing Ike ~ should Doe.
The time is opportune for big ad-
vance from every point OF view
There are no big properties for sale
or deals pending that could interfere
and everybody including the pipe line
people themselves individually, all
agree that the price should be much
higher
Along with the raise In price Of
crude the standard should advance It's
tank wagon price in the western states
comprising what is technically known
ns tho Indiana Territory"
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
SuIl Pounding sinclair Stock

The market for Sinclair closed at
II. which shows that Sinclair Is stlll
the storm center and the hears on
Wall street are still having some fun
AT the expense of this concern.
Rumors continue rife that there will
be "A bond issue which is denied
and at meeting OF the directors held
In New York yesterday not word
was said In regard TO a new issue OF
stock
Many of the Tulsa crowd have
taken ON good sized lunches of Sinclair
stock during the last two days and
many had orders To buy at 80, but
althp that low mark was reached for
a minute, none of the orders from
here were filled at that price.
II stiu looks like "A mighty good in
Vcstmcnt II rs paying PIG per cent
quarterly and any man who follows
the oil game ought to know that there
IS one way. and only one, to beat the
stock market and that Is TO buy when
the buying Is good and hold simply
for an Investment.
Nobody Mt this end has a chance
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
California Production.

California statistics for May show
loss in daily averages of production
and shipments I'm comparison with
April. hut the decline in daily pro-
duction was greater by 3,SOi barrels
thar the falling off In shipments.
Daily average production for May was
2G1,OOI barrels, compared with deliv-
cries of 304,724 barrels, a difference
of 43,720 barrels, which is the widest
margin so far this year. Stocks were
reduced 1,355,31S barrels, making the
total at the close of May 3S,62l, ,0GS
barrels. against 52,G72,741 barrels at
the same time last year.
Wells completed in May totalcd GO,
"A decline of three from the April
record. There were u rigs up and
3S2 wells drilling at the close of May,
showing an Increase of and l6 re-
sp,ctively over the April figures. At
the close OF May, 1916, there were 6l
rigs up and 25S drilling. The ad-
vance of 10 cents on June I, follow
ing that OF cents on May IL, cover
ing all grades of crude, would nat
urally be expected to result in FUR
ther impetus to field operations, but
the restriction upon the most prom
ising territory by government with
drawals on the theory of safeguard
ing naval fuel requirements looms up
as the big deterring factor.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
OIL MARKET QUOTATIONS..
Pine Line Chartered

OKLAHOMA CITY June 27.-lic-
lirved TO be following the steps Of th"
Prairie on y Gas co. IN dNorcing pipe
line service from production tn'
Texas Pipe Line company was grontrd
charter here today The Texas
Company has always operated undei
a Texas charter but this action viii
give them separate charter for pipe
line service. The new pipe line com
pany is capitalized at {6,000.000. In
corporators are NJ Moran. j II. I'M
and H. L. Stewart, all of Tulsa.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

T. L. Robinson. Robert II. Henry.
w. Il. Stewart w. T. Henry. +, X.
L6tcher, Capt. E. l.. Ewing and Hunt
ington Henry.
The officers are Robert r. Henry,
president; w. II. Stewart, vice-presi-
dent. +. l.. Ewing. secretary, and w.
l.. Henry treasurer.
The plant is starting with capital
Of $4,000 fully subscribed and will
doubtless be a money-maker from the
start Some Of these days Okmulgee
will wake up and find out that re-
fneries are good thing to have
around.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Worth Woody Gets Baptism.

The WORTH Woody Oh conphny' 4
company composed of many promi-
nent business men of Atchison, Kan,
Yesterday drilled in the first well OF
the company in the southwest corner
Of the southwest of l6-l7-l3 on the
Make Wildcat allotment in the BiXby
district. The top of the gas sand was
found at l.53S feet and at 10 feet IL
the we'll commenced spraying oil. At
% feet in it was making 100000
feet of gas and it is now . feet in the
big pay at "a feet and is making 20
barrels per hour. Many stockholders
and officials of the company came in
from the well last night and tomorrow
will be wearing new straw hats due to
the oil running their old ones. Those
in Tulsa are w w. Woody. president; :;
Lewis Brock. secretary; Henry Lynn
and W. q. Craig.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Noted Gcologist In Town.

d. W. Ohern, formerly state geolo-
gist who Is the only man while oCcu-
pying that position In this or any
other state. outlined ana sent broad
cast for the public benefit "A detailed
report of a new prospective pool OF
oil, to-wt: the Newkifk field, and
who has since in collaboration with
Frank Buitram outlined the Yale field
which is just now the center OF public
interest. is in the city.
Mr.. Ohern talks very Interestingly
IN regard TO the Yale pool and be-
lIeyes that The sand over there is in
a class by itself when 1t comes 10
holding up good. The McCroskey
well No ! in 1916 which came in
at about 10 barrels natural three
years ago IS stlll pumping about "a
barrels The Jones we'll, one half
mile north of the McCroskcy well is
holding up with remarkable regular
ity. | believe that for steady produc
ton this sand has no superior in any
fictd In Oklah Dma."
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Looks Like the Real Stuff

what looks to be a real pool Is the
stuff In the vicinity OF the Alladin oil
company well In l0-16-10. which was
completed "a short time ago. The Okla
homa Natural Gas company test on
the Pepper farm in the center of the
north line OF the northeast of the
southwest Of l0-1G-10, offsetting the
Alladin OH company well to the south,
was dcepened few feet yesterday
and the flow increased to 40 barrels
per hour. II Is some well
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

According to statements of Texas
producing concerns and individuals
filed with the state comptroller for
taxation purposes, the petroleum out
put of tha state for the first quarter
of the year amounted to 6,353,04l
barrels valued at S7,S66.72S, an av-
erage,ot Sl.25 per barrel, or about 80
cents over the average value for the
last quarter of 1916. Reports were
filed by l7S concerns and individuals,
covering 81 fields.
May pipe line statistics of the Texas
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

This paper was in error in stating
that S f. Wallace had been appointed
general manager for the Parkersburg
Rig & Steel Co at this place. The
fact is. Mr.. Wallace was here helping
out in an emergency caused by the
resignation of L. ]. Bradford, who
is now occupying an important posi-
tion with Cosden & Co.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Atlantic Production should Raise.

The prOduction OF the AtIanUc Fe-
troleum corporation is scheduled for
a raise today. After being delayed
for few days on Nos. and 3 on the
Prowant farm in the northwest of
6-19-6. everything is in readiness TO
drill them in. No. has had fish
ing job but the tools were recovered
yesterday. 1t offsets the big No. 2
well of the Twin State oil company
on the Ioke farm diagonally to the
northeast and No. 3 is a location east
of No .
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
another Real Pool

The test OF the Dixford on com
pauy In the northwest corner of the
northwest OF l5-15-ll has been shot
and Is making so barrels on the flow.
II is the burtherest well southeast in
that newly opened stuff and the
strong flow makes things look good
in that direction.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

20 play the bear side and surely ought
to make the most Of the opportunity
when the market Is at a low cbb ike
II is AZ present.
Several other stocks we'll known in
Tulsa have declined In the last few
days but have not caused the COM
ment that has the Sinclair bear raid.
kentucky Notes.
Recently completed wells are
Fisher on company No. on the
Schuclcr farm on Buck creek six
miles south Of crab Orchard. good for
10 barrels natural and now shut
down to shoot: koCkcastle oil & Gas
co. NO. Lambert, in Rockcastle
county. near Boone's Gap 2j barrels;
Pan American oil company 40. ?
Gillespie heirs farm, Irvine district
a. barrels; Barker II Foster No. ,
Laiuhart in Jackson county, due;
llearnc ~ Beck 40 1 Newton COyle
farm I'm Jackson county. due: Fort
Henry OH company No. W. T.
lsatcs farm jackson county, due,
Bundy n Hare No. ] Den Harris in
the Pilot district. 10 barrels, No. ? is
"A lOO-barrel well; J. G. McCombs No.
3 PuCkctt l20 barrels. Ohio Fuel OH
company No. ! Melissa Rogers in the
Furnace district, 10 barrels; Mon
arch OH corporation No. . G.. w.
Upton 80 barrels. 1t is the sixteenth
producer drilled by the company and
all wells are making 1900 barrels
daily. -Four more wells are drilling
G. l.. Constant Of New York is presi
dent and ID. ID. Flanagan OF Cincin-
matt was the organizer. Hupp x Duff
No - on the Ashley farm in the
Irvine district Is "A good well.
Lee county Kentucky has fur
nishcd the excitement for the week
iust past. The well is on what is
known as the Doc Williams farm and
was drilled by the Southern OIL com
pany of Lee county composed OF T..
W Sales of Irvine and others. 1t is
rated at ; barrels natural and at 80
feet in the sand oil rose 2SO feet in
the hole The top Of the sand was
found az l .l55 feet.
In Wolfe county the Mountain oil
company has "A 50-barrel well in No.
on the Samples farm. The same
company has rig up on the Cecil
farm In the same district.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

The Allied Refining company. which
Is organized to build a refinery at Ok
mulgee has held its initial meeting
The following were elected directors:
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

panhandle fields show gaisn OF H.
S92 barrels in runs and Of 64.123 bar
rels in shipments over the April rec
ords, while an Increase OF l.79S bar
rels is indicated in the stocks at the
close OF Nav
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
ROyal j. Ross Here.

Royal ]. Ross, editor and owner OF
Petroleum. the popular oil journal OF
Chicago, is in the city.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
AnglO-.Amcrican.

has declared Is per cent dividend
free OF the British tax.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Oil Stocks

Furnished by Strandbcre McGrccvy & Co,
members of the New York stock exchange
p22 Baltimore avenue, Kansas city, Mo:
Standard Oil Subsidiaries
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
Oil and Gas
Leases. Supplies, Production. Etc

Eastern manufacturer highly rated.
lust arrived in Tulsa is looking for
sound investment in proven oil pro-
duciug property. Stock iobbing
schemes will be given no attention.
State fun particulars. Box 55lS, care
World. ADV.
For Sale Either Ia or 2-3 OF
l60-acre tract in l9-17-l2. adjoining
Glenn pool Well just beginning In
vestigate and make offer 5525. care
World ADV.
Robert A, Mckinney. Undertaking
Parlors. 10 West Third street Phone
4bG Residence phone l9l.--Adv.
Cistcrns built or anything In ;hc
concrete line. Phone 3269-J ADV.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28

CONTINUED on NEXT PAGE.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-06-28
FOR SALE,

Four heavy strings standard tools,
Al condition with extra boiler engines.
a good line fishing tools and un-
dcr-reamcis within 100 miles OF Tul-
sa. Will pay for themselves with
work contracted for. VIII sell for
one-half original cost \ snap for
someone.
Phone 1850 or address 1924 West
Brady. Enid Okla
Bisbee daily review., 1917-12-23
Another Boost For PrOspectm m
 Globe District

Another boost for the New DOmin ion Copper company was made last week when a large payment was made on the property through the Gila Val ley Bank and Trust company. The amount paid by the company tOtaled approximately $50.OO0. The company has no further payments due till Au gust. 1918. This iS good news to the stockholders. particularly because it will permit the management to eXpend money. quickly tO he available. in sinking the shaft 10 the 1900 level
 Negotiations are now under way for ample funds to place this property under full development.
 A recent strike of a substantial body of II per cent ore on the 500 level. together with considerable picked ore running 90 per cent cop per glance. has caused stir in finan- cial circles. President R. F.. Vandrulf brings the news of bright financial prospects to the local board of diree- tors.
 The corporation commission has is sued a citation requiring the original pool to be completed. and the Van dCuff interests. with associated par ties. have voluntarily pooled more than the amount required of them; hence. the little furry over stock slipped out of the pool has prac- tically SubSided. and the sky is ap- parently clear of all practical diff culty. Many of the persons who in advertently purchased private stock required to be pooled have. without solicitation. sent their stock to the corporation commission in order that the pool may he completed This spirit of cooperation on the part ot individual stockholders is gratifying to the company.
Bisbee daily review., 1917-12-23
BimetGlisn, Is Practical Says
 One Authority

News from Washington that Secre- tary McAdoO and members or con- gress are taking up for discussion the suggestion first put forward by Eng fish monetary authorities that the gold standard be abandoned for bt metallism has aroused great interest among New York bankers and finan- cial leaders. While practically all are agreed that something must he done to provide larger base for the eN- banding credit needs of the world. there is considerable difference of opinion regarding the proper course to bring this about
 The plan now being discussed at Washington is said to provide for placing silver on a parity with gold. at a ratio to be established later. and have the United States. Great Britain and France make the change simulta- neOusly. With these three nations committed to bimetallism. all other nations would bs practically com pelled to accept it. If the double standard is actually adopted IL is thought likely that a value of Sl an ounce will be placed on silver in place of the S6-cent price recently an- nCunced at Washington.
 Albert Breton, vice president of the Guaranty Trust company. said recent ly that there is no sound reason against a metallic standard if the leading nations all agree Co it.
 New that We are a lending instead of a borrowing nation" said Mir. Ere ton. any sound arrangement that
Bisbee daily review., 1917-12-23

would expand our lending capacity would be a good thing. Ii We could base our credit capacity on our huge stock Ot silver as well as gold we would be in 9 position to finance the war and the reconstruction period aft CT peace comes on a much more eX' tensive scale than our present restric- tiOas allow. As We are. with Mexico. by far the largest producers of silver in the world. it would appear that the new plan would be benefit 10 us.
 China and india are now the only countries on silver basis. but there are 10 overwhelming difficulties in making the suggested change. If the leading nation agree that silver shall be regarded equally with gold as a standard Of value. the other questions liable to hinder the effective working of the plan would be comparatively trivial"
 That bimetalliSm might prove a cure for the imitation which now threatens our currency was suggested to New York Commercial representative by J. Horace Harding of C. n. Barney X Co.
 "If bimetallism could be demon stratsd to be a remedy for imitation I think all financial authorities would be in favor Of it as the lesser of two evils he said. There is nothing in the proposal to scare anybody be cause such change would take a long time to carry out and there are numerous questions in connection with it that would have to be the subject for international negotiation"
 Other bankers pointed ont that there is a great deal Of popular miS- conception about gold. especially as regard the huge external loans of all the great powers. It is true. they said. that the bonds which represent these loans are made payable in gold. but aS the amount of the bonds ex- ceeds the total gold in the world many times over. 1t Is clear that to pay them all in gold would be q physical impOSs ibility.
 Memories of Bryan's first campaign for the presidency in 1896. when he ran oE platform demanding the free and unlimited coinage of silver on a basis O. sixteen ounces of silver to one of gold were aroused by the proposed desertion of the gold standard. It was pointed out that while Mir. Bryan's plan was quite similar to that now proposed. he wanted to have the Unit ed States adopt it without reference to the other nations of the world" :" especially England. which was at that time opposed 10 bimetallism because the stock of gold was then adequate for the credit structure of the world.
 lf the plan is put into effect it will be after agreement has been reached by England. France and this country. Issues of fiat money by Germany have reached such a disparity 10 the gold stock on hand that no attention would have to be paid to that country in any arrangement made by the allies and the United States among themselves
 Prof. R M. Raymond of Columbia university. a recognized authority in the practical mineral sciences, be-
Bisbee daily review., 1917-12-23

OLD DOMINION WINS CASE FAR REACHING
 IN ITS IMPORT ANCE

A decision in favor oi the old Do minion Mining & Shelter company was rendered several days ago by the jury in the United States district court in the case of Frank Allen against the company. The suit, baS- ed on the alleged negligence of the company. and was for the recovery of $2S.009 which Allen alleged was due him for injuries received while he was in the employ of the company. The decision was unanimous.
 This is believed to be one of the most important decisions that has been handed down during this ses- sion of the court. It establishes that in the opinion Of the jurymen. the mine owners are observing all the laws and statues regulations pro vided ny the state.
 In the complaint Allen alleged he went to work for the company las; January as a power drill operator on the 1900 level. and that while so employed he contracted tuberculosis Of the lungs and that after March II ne was unable to work because Of the disease. IL was alleged that the disease was the result of the dust end gases in the mine Allen alleged that the mine was not well ventilated and that sprinkling de , vices were not supplied as provided by the state law.
 The company claimed in their de fense that springiing devices were supplied the men, and that Allen had never asked for one. IL was also claimed by the company that the mine was well ventilated.
 John Harper. deputy state mine in- spectO-. testified at the trial that when he inspected the mine he found the company was complying with his interpretation Of the state laws re- garding ventilation and the use of all safety devices, which interpretation the iury'S verdict confirms.
Bisbee daily review., 1917-12-23

lieveS that the switch to himetSllic currency Is inevitable.
 If there is a shortage of gold. it is a permanent one" be said. The world cannot turn out more gold than it is producing now. Its mines are working at tOp-nOtch. South Africa and America never mined more gold than at present and Mexico is now produSing near her maximum.
 The chances are that Mexican mines now running at full blast will last only a few more years. Alaska already has been pretty well picked over. While it is possible that new fields may be found in that country. up 10 the present time there are no indications of new spots to take the place of those now being worked out IL is probable that gold production will be diminished rather than in creased. Siberia will mine more as it Is opened. but that is some tune in the future and it should be remem- bered that it will need this sold itself