The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-03-08

Markham --- LOO Batson ------- l.OO
Vinton --- 100 Edgerly ------- .95
Jennings ---- 1.O0 Dayton ------- 1'VV
Goose Creek 100
Eastern States Wooster ----- 2.Ss
Penn. ------ 400 Somerset ----- 2.bb
Caheu 97s Ragland $780, 1.2O
Corning ---- ESQ India,a I qs
North Lima 2.oS Princeton ---- 212
South Lima 2.OS Plymouth ---- 2.03
retrolR (Canadianl ------------- 2.4S
Ardmore continues to add its
quota of oil men to the Brownwood
and Ranger fields of Texas. Among
the latest Ardmore removal toI
Brownwood is ]. w. Johnson, for
merly superintendent at the Ard
more Refining Company's plant here,
who is one OF a company organized
to build the Brownwood Refinery
at Biownwood, Texas. Charles
Witz has succeeded Mr.. Johnson
as superintendent OF the Ardmore
Refinery.
Another Ardmorc man who has
recently entered the Brownwood
field is Ed +. Miller who is con
nected with the Brown-Ard Rein
cry al that place. This refinery will
start with an initial capacity OF 1000
barrels daily, prepared to increase
to 5000 barrels as the situation de
mands. Mr.. Miller has been con-
nected with the Forty-Sixth Star
Refinery OF Healdton, but his place
OF residence is Ardmore.
The Z. N. Dorsey Company isl
building a rig on the Wesley Lester
farm in the northwest quarter OF
section IS 2s5w This land is I'M
der lease to the Humble Oil Com
pany,
Oil and Gas Journal: Following
the granting OF a permit by the sec
retary OF state OF Texas to the Sin
clair Gulf Refining Company to do
business in that state, the official
announcement was made that the
company will construct a large oil
refinery al Fort Worth, in addition
to the one which it is to build at |
Houston.
Daily Oklahoman: An attempt
on the part OF the Magnolia Pc
troeuIl Company to obtain lower
assessment for oil in storage in the
Healdton field was frustrated by
Governor Williams at a meeting OF
the state board of equalization re-
Gently. Attorney General 5. =. Free
ling and Fred Parkinson, state eX-
aminer and Inspector, stood with |
the governor on the price of $l.08 |
a barrel as had been fixed for stor-
age oil in Healdton both iutimating
that il anything the price was too
low.
Judge Neal who represented the
Magnolia Company before the board
asserted that the Healdton oil
should be given credit for the same
percentage of deterioration as Cush-
ing oil. Governor Williams CON
tended that the fact that Gushing
oil contains more gasoline, which
cyaporateS when placed in storage,
justified greater credit ior deter
ioration.
4 nearing on Healdton oil was
asked by Judge Neal and the gov
ernor asserted that he was willing
to allow hearing provided that the
Prairie, Gull, Texas and other COM
panies were parties to the hearing
so that the valuation of oil in the
different fields could be equalized, |
The governor asserted also that he
would insist upon the expert testi-
mony OF chemists as to the specific
grayity OF the oil.
AS matter Of fact the Magnolia .
Company and the Prairie Company
are owned by the same concern"
Governor Williams said to Judge
Neal. II what you say about Heald-
ton oil as compared with Cushing
oil is true, then Gushing oil has
been assessed too low. You would |
not make such statement when
the representatives of the Prairie
Company were here at the last meet
ing OF the board. If we can get
both OF you here at the same time
and get you to tell the truth about
each other, we may get a fair as
sessment."
Judge Neal asserted that farm
property had been assessed in some
instances as low as 80 per cent OF
its value and said it was unfair
that farm oil property should be
assessed practically at its value in
view of this.
Il will admit that farm properties
in two or three counties, which are
exceptions, may be too low, but it
is not my fault because | voted for
a higher valuation" Governor Will
liams said. 81 do not believe that