Bisbee daily review., 1918-04-21

The American Oil Exploration Co owns outright 32O acres of oil land in close proximity to above properties. in the identical formation with these big producing wells
 Can any one form any better proof of the prob abilities Cl this land?
 Midwest Refining earnings, s1654SO12 or s3237 Q share during year.
 Annual statement shows assets of s1O.esS.6O1 in excess Of liabilities Book value of shares in De cember put at SS5.23. New much greater
 The Midwest Refining ompany of Wyoming last year earned S1654S012.S1 net after setting aside $2762l43.73 for income, excess and state taxes and s5,4175s9 for depreciation. This is the rate of S3237 share for the 51l167 shares of capital stock outstanding and is equivalent to 647 per cent the issued capitalization of $2555SS50 par value The above statement is vivid and foreeul example of the probabilities in present day realities in Wy Cming oil fields.
 The American Oil Exploration Co. have very tensive holdings in the very heart of Wyoming oil fields besides many thousands of in Colorado. Kansas Oklahoma. California and the great Gusher fields of old Mexico. This aggressive Corporation is under contract to drill F wells during the present summer The first well now being sunk section 22 of Richards Field where the company is selling oil leases and where they expect to bring in a big well. A 90 barrel well having been struck at the 2d oil sand at 700 ft by the Landers Oil Company i'm mediately adjoining and in the identifal fOrma- tion as the holdings of the American Oil Exploration Company in Richards Fields. Landers and Richards field shallow and the of bringing in oil wells III tHiS ulStTlct IS COHpdrdtNely sLhdii-
 The company will send out checks for the second dividend on Saturday at the rate of 1-2 cents a share. The next dividend. according to officers, will be at the rate of 121-2 per cent per year. Denver Post, April IS. 1918.
 The brin eing in of a second Wall creek well section 2l of the west Salt creek field by the Stocks family is interesting the shareholders of the Con sOlidated Royalty Oil Company which owns a large part of the royalty this tract. adjoining Bishops Dome field the west. This well has settled down Go steady production of 90 barrels which would give the Royalty Company approximately 50 barrels of oil cash income of more than $50 day or about S2500O year.
 Increases in the price of crude oil in the Mid Continent and Wyoming fields responsible for increase in the tank wagon prices of refined oils in Chicago today, when advance of 1-2 cents gallon in gasoline and of l cent in kerosene was posted by the marketing companies. IL is probably that similar advances will be made in this terri ry.'-FrOm Denver Post. April IS. 1918
 Advances in retail prices of gasoline and kerosene are generally based upon an increase in the refin CTS price the marketing companies in which the cil refining companies would profit In spite of in creases of amounting tO 30 cents barrel crude in Wyoming since JIn. 1 last. there has been ap- preciable advance in gasoline or kerosene up to the present time. but it is unlikely that the situation will continue for any long period
 
 It will be well worth your while to look into this attractive form of investment Frederick Overfield local Representative fer the Warren District with offices at Main Street. opposite Copper Queen q NH-Fs. g~.f.r ,NfNV