Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-05-29

Gas company from &15,00O.0OO 70
10000. 600. which viii be authorized
no doubt early In June.
ohio Fuel supply sold from 4G low
carly In the week TO 80 ~ whore II Is
In demand Rumors OF good report
and possibly some more melon cut
ting" are being circulated freely
Earnings from gasoline department
should show nice Increase in the net
earnings Of this company.
ONO Fuel oil gold from ! a low
10 1919 on moderate trading.
Manufacturers Light @ Heat re-
covered IT'S loss Of last week and SOLD
low at G37. to 50 high Several new
wells are soon due In the Green
county development
Pittsburgh oil & Gas sold from
~ to SIS
Union Natural Gas sold from l7O
TO l12 gain of two points.
Columbia Gas & Electric was neg
lect,d and sold at II y.
Consolidation Of the western group
~ gassers is progressing but trading
viii likely be light until details are
perfected.
American window Glass Machine
recovered 10 53i2 and was well taken
around this price.
DID YOU buy that Liberty bond?
STANDARD DIIS.
with less talk about taxes on large
earnings and when the public comes
10 a FUN realization Of the fact that
the taxes must be paid. and as over
the consumer will pay them in the
end. the Standard list will again at
tract the attention Of the heavy in
weston
Standard oil Of New Jersey sold
from low of 600 TO $40 Prairie
Piuc Line sold around 300, a gain OF
$l5. Anglo-American OH sold from
lG% TO 1S.
Prairie oil & Gas at present prices
should attract somc buying II the en-
Niahlc position Of this company were
closely scrutinized.
independent Oils.
The demand for stock Of the better
class of Independent oil companies
WAS much improved during the week.
and like the Standard oil list viii no
doubt receive more attention in the
very near future.
The advance OF the week in the
price Of gasoline should be reflected
In stock values Of the refining com
panies. While the ever increasing
scarcity Of easing and other supplies
torciher with the heavy draft on rude
stocks and lack OF new territory
should affect the producing cOmpa-
nicS In a like manner
The time for deposting the stock
of the Cosden companies Ia near. he
ing juno /. after which more Interest
should appear The new company is
fast getting into position to be ben
gifted by the increased gasoline prices
The stocks sold from - to i2ia dur
Ing the week with small offerings.
oklahoma Producing & Refining
sold from a low Of 9ih to II high.
Two now wells are reported on the
Osage-liomiuv oil lease of which they
own half interest Usage Homlny
on was strong and quite active at
from S's low to "a high.
Snpulpn Refining was quiet at from
~ to ga
Merritt oil corporation again at
tracted larg" buying, recovering dur
Ing the week from a low Of 23S TO
- -. A new well on the . 2.6O0-feet
sand ON their Big Muddy lease is re-
ported. while two others are nearing
Tho sand.
Metropolitan Petroleum has Just
completed q well on it's Mexican
property which is good for 10000
barrels per day.
As q whole the marKed improve
mont in the general situation during
the week would seem to indicate that
much broader market is near, and
speculative opportunities of very
attractive nature are plentiful.