Deming graphic., 1919-08-19
LACK VISION
Many OH Millionaircs In Texas and
Olslohoma. Who Didn't Believe That
There Was OIL In Their Country
IT'S THE SAME IN NEW MEXICO
There VIII be Thousands Of Million
aires In New Mexico. but how Many
Can Visualize this Great Fortune

The Deming Bisbee OIL and Produc-
tion Co, wishes TO call attention TO the
situat tion and, II possible. TO interest the
citizens OF Demlng IN the great possi-
Utilities Of this section. With that end
In view attention Is called TO the fol-
lowing news story that recently ap-
peared In the Albuquerque Morning
Journal:
Portales, N. NJ, Aug 14.-The
world is filled with people who never
see the trend of events. The oigps OF
the times pass unnoticed and thus OPP
portunities which would bring all the
blessings and happiness Of life are dis
regared.
The lessons OF the Texas and Okla
homa OIL fields are too recent to be
forgotten. There are hundreds OF mil
lionaires In these states, who up TO
a few years ago never had any hope
beyond the weekly pay envelope. The
idea Of being independent, OF driving
their own automobile, and having
enough money to travel and sending
their children TO college was dream
too hazy 10 even be considered. AK
these men how II happened that they
became rich In few months and You
will learn that they saw chance
to get In on new oil Field and did
not wait until the boom was at Its
height befoer making their invest
ment.
Tie other side Of the story is OF in
terest, too; IL Is pathetic hut must he
remembered. There are thousands OF
people in these same oil fields who
are no better off than they were when
the districts were first opened up.
They could not see the opportunity.
They closed their eyes to the chance
OF a life time. They are still holding
down their jobs; getting high wages, II
is true, but still dependent on the pay
envelope, and their wives and children
are denied the extra comforts and In
dependence that might be theirs II a
little judgment had been shown.
Business Backed by Brains
The oil business is backed by the
best business brains of America. The
most expert biologists, the highest
paid engineers, the soundest financlers
are engaged in this industry. They
have checked up every formation. ex-
amlned every outcrop and investigated
every known structure. Some districts
have had dozen biologists working
the ground. Their reports have been
gone over carefully at the home office,
all data bearing compared and re-
checked. The government geolOgists
have also looked over the state. They
have made favorable report as TO
the existenct of oil and gas. The men
employed by the oil companies have
done the same and hundreds of men
are now building derrlcks, hauling
casing and preparing for the driiiers
who will soon he actively at work
What All This Means
This condition will be highly signifi-
cant To every thinking man. These
experts cannot be all wrong The gov
ernment geologlsts make few mis-
takes. Big oil companies do not pre-
pare TO spend millions unless there Is
some good reason for the outlay. They
do not shoot in the dark. II behooves
the citizens OF New Mexico to be ready
to share In the prosperity just ahead.
0pment never before known In the
state. When the oil drillers are sink
ing the wells, people will flock in by
the thousands. Vast sums will be
spent for labor and supplies. Build
ings will be erected; real estate values
near the wells will go up. Leases will
he In demand and money will he spent
without stint. Fortunes will be made
by those whose eyes are open to the
opportunity at hand.
At the present time there Is not n
single oil or gas well In New Mexico.
But there will be before long. With
oil In Texas, Oklahoma and Kansas to
the north and east, and the biggest
wells in the world IN Old Mexico to
the south, who will presume to say
that New Mexico does not have the
'ame rich deposits. The man who
stands back and waits till oil is shoot
ing over the top OF the derricks, who
fails to get lease where wells have
been located, who declines TO buy
stock will find himself In the same po-
sition as many shOrt-sighted people
In Texas who would not see the chance
pItNtllltu W hidhe ihthhSciNtH dhh
their children's children independent.
The excitement at Amarillo. Tex,
proves what happens when boom
comes. Gas was struck In two places
and leases and stocks went sky-high
overnight Stock In certain companies
went from SO TO over $1,000 per
share i'm twenty-four hours. Leases
netted their owners advances almost
unbelievable were the facts not
matter OF public record. There Is not
an oil well within seventy-five miles
OF Amarillo but land fifty miles
around has increased in value ten
fold.
Eastern New Mexico may be the
first scene Of intense excitement.
Roswell county has focused the eye
Of the oil fraternity, due to the
operations near POrtales by the Nu-
Mex company backed by Oklahoma
oil and business men. Other wells have
been located I'm the same district The
drilling of one well always attracts
other enterprises. Companies are
drilling at Kenna, Tucumcari, Taiban
aud CloytOn. Other parts Of the stnte
are also being developed Las Cruces,
Ration. Gallup and other points are ie-
sounding to the noise OF the drillers'
tools. In SOcorrO county and points