The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-03-18
OIL nAREEr QUOTATIONS.
Prosperity Assured

That. q prosperous rrtHnn .H ahead
and thhi ,uuufiuus hiu ttH ruul
IIght nov 49, could o." expected ~
easily proven nv IN, f,' tnH Tulsa
IL show Ing r,wIIkAnIc growth hud
confidence Is abroad 300 the inud
AZ things are ln rulHt, ~ Too are
they IN I1,tsburg and iu Now huih
because eastern people lt'" lh''
.uo from here. N iH more and more
evident as tho days 60 hy that "'ru
Wnll street w. governed largely 10y thr
prevailing Fplrlt IN Tulsa.
II was evident a week ago lhlt
some Of the larger oil companies
were on tho brink of u boom ln ih"
stock market, and was 80 reported IN
this column. The Hunll mention ~
tho fact was enough to send Srn"
or tho best known stocks skNward,
and Sinulair-G Gulf Hnd Sinclair on
together with the OHIO Citics and
other well known Issues. arc having a
tremendous play with everybody on
the bun eide Of tho market
Tho recently launched rcnnok on
comapnv has taken an upward night
being boosted hy the fact that II has
one lease IN Texas that would readily
bring enough money TO take up all
the outstanding stock. ana his N
equally truo with sinclair ~ re-.
CARDS the value Of their holdings In
oklahoma.
But to most people tho stock mar
kct offers but fow attractions owing
20 the tremendous Trimming the pub
10 has received lately by the gyrn.
lions OF Mexican Petroleum and
Texas stock The syndicate which
has been racing 1t up and down
during tho fall ana carly winter are
rrcdued with a>%lnning OF $4,000
49, .3i!s tho dcn. public paid Tho
bh..
what does appeal to tho average
man, however. ls tho fact that there
arc companies doing business In
oklahoma that can hardly fail to
make good money FOR tho stockhold-
ers for the reason that not being
over capitalized ana playing safe
game, thcrs In tho best possible rca
son for getting results ana with a
minimum chance for loss
These concerns are not stock Job
hing outfits such ms flourish IN Texas.
but 20 IA long way towards building
up tho industry. and must he rcck-
oned with as being THO very bone and
sinow OF the oil business Tho moro
conservative. the better, and fro
nGentlv the less heard OF the more
likciJ to be paying dividends,
The ilst Ia IA long ono and they arc
all prosperous Svme or the newer
ones like the Kawfield on and Gas
company that started operations with
n dozen wells scattered No as TO mlr-
imixe the danger OF loss. and with It's
connections, the Illinois OH company
and tho Illinois Refining company,
IN starting out on "A campaign OF ex-
pansion that is sure to win.
The Red Bank OH company to-
gelhor with Its nearly affiliated con-
corn like the Dixie, tho uoma Okla
and the II, a. NJ OH companies. are
mostly associated with the iIumph.
rrys Petroleum crowd and are sun.
posed to have the benefit OF j Julius
Fohs advice aS 10 II likely place to
drlll.
n. y. Wilcox. has another rapidly
growing concern which In also start
ing on campaign of expansion and
la successful because Mr. Wilcox
gives II his personal attention. llo
VIII soon have as much capital in
vested Ms some of the concerns whose
stock Ia sold on the New York curb
and II played with the same conf
dcnce that many of the larger con
Germs are being plnyed, would mako
some OF the best OF them green with
envy II Is because OF low over
head and careful attention to drill.
Ing.
All this OF course Is not In any way
TO be taken as discouraging thu Older
concerns like Cosden ana the Oka
homa Producing a. Refining tho Wy.
mona, or any OF that class which from
start TO last are managed nv men
who know the business and who are
alert TO every opportunity To extend
their field OF operations
An important feature Of the Eltua
ing produced In Texas there Is n
broadening OF the market la HEhI
that is fully up TO ana In llnc with