The Birmingham age-herald., 1920-01-13
TEXAS OIL WELLS
 CLAMOR|NG FOR
 STEEL CAS|NGS, IS STATEMENT MADE
Tibbetts States Thou sands of Cars of Steel Pipe and Castings Needed.
 MiIIi0naires Made
 Over Night

Pipe, wrought steel pipe !; pipe of all sizes, and again more pipe. Five years, eight years there is vigorous mar ket for it. Your Birmingham steel district could devote most of it's energy to pipe making and find a clamoring market for it for years to come."
 So spoke Major w. F. Tebbets, one of the officials of the Western Drilling com pany of Texas, who is here, registered at the Tutwiler; pleading with the local steel manufacturers to heed the call of the west for the pipe and casing with which to put down oil wells.
 "The price, the price you ask he ex- claimed. What the h. does million dollar oil concern care about the price of few thousand feet of pipe when there is fortune waiting at the bottom of the well? Let us have the pipe; you name the price.
 "Is came here to get 50 car loads of it as sample order. I can get but seven cars. Texas is begging fo thous- ands. of cars of pipe right now and can't get it.
 we want wrought steel pipe, all sizes; it's wanted throughout the, south west; Texas, Oklahoma. Mexico. drillers throughout an cara half the size of this country. almost, are clamoring for it and they cant, get it. Any mill in this Birmingham steel district that can turn ,rI,t eta nj can coinp~ night and day for years if it will oniy furnish these drillers with this com modity they must have.
 FIFTY MILLIONAIRES
 Cant you realize what we want? Listen, more than fifty poor men have become milionares within the last year in one small spot in Texas not much bigger than cotton plantation and the state is dotted with the like and innum- erable new enterprises.
 'Wildcatters? Of course Christopher Columbus was wildcatter, so was Henry Hudson, so was Marco Polo, so was Magellan, so was Lewis and Clark. so was DeSoto, so was John Cabot, all were wildcatters. An oil wildoatter Is a pioneer, discoverer, the man with guts enough to go see, to put his all in what he believes, a prince royal of adventure. It's confounded shame that so mucA of the general public has the wildcatter confused with the crook The man to be aware of is the. stock salesman sell ing land, or oil interests where oil long ago was found, the chap trying to re- juvenate a part of dead oil field be- cause ten years ago it produced gushers. You can be certain that when com spanies thta once owned gushers abandon a field there is little lert- i ssgs
 'sWhen you buy oil stock look to these .x - II. @1x-Ix e, 20 back of it. and then, only, buy if you can afford to lose the money. BIG CONCERNS GOOD FRIENDS
 Another thing. get the idea out of your head that the great oil companies, the great refineries are trying to choke out the little fellow. It is absurd There is not enough oil to go around. The Standard, the Texas, the Gulf, every big company is praying all the time for the little lone company to make good. it means more raw material The li,sle fellows haven't better friends than the big companies, if they only realized it.
 "Ex-Secretary of the Treasury William Gibbs McAdoo has. thirty acres ad1oin- ing some of mine
 'Sell mine? No, ours is close cor poration, we have nothing to self, not one scrap of stock. We are in the mar ket to buy, to buy steel pipe, wrought steel pipe. all we can get of it. I have nothing to sell
 'One of the best fields recently brought in is the t-Mupnger- Allen property in Wichita county. By the way, Munger is a brother of your R.. S. Munger in Birmingham. It is a wondeful property.
 ALL "A GAMBLE t
 ''Do you know that S5 per cent of the wells put down in the area just south of the Red river have been producing wells. Tt all gamble. This very field was, not long ago, condemned by many eminent geologists. Yet today it's, the best there is.
 There is no earthly reason why the oil business should not be considered what it is; the finest paying proposition obtainable by the man with some money to invest. if he will only refrain from being swept off his feet, take his time, make a thorough business investigation Of the people back of the proposition he is interested in. Our company has put down .96 wells recently every one of them brought in oil in paying quantities, some of them in great quantities.
 "Crude oil is bringing $2D a barrel now By February it will bring 8 a barrel By April; A, and it's on a steady rise, but there is only one thing keeping us back, the lack of wrought steel pipe and casing, and we are looking to the Birmingham steel district to let us