The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-04-30
oI. MARKET ot;prAyIONn
TnLsn OIL Com prnies Strong

THAT Tulsa oil corporaiions are 60
ing strong these days IN spite o. INC
big alump in the stock market ig OK
ceedinp,y gratifying TO Tulsa people
most OF which are largo stockholders
iu tho best ana fuost active corpora
tons
n has come TO time when the
merging Of hg companies has be
como unpopular. not only here where
there has been "a 5ufficicucy or TINS
sort Of thing for a long time but
with the investors throughout the
country as well a good corporation
going strong on lts own merits Is all
night hut combination that includes
few dead ones is not the kind or
finance that is approved here.
Il Is worthy OF note that the Gilli-
land people are taking tho pains 10
announce that they are not being
Merged with the Sims Petroleum
company and mako II strong that no
merger ~ contemplated. II has hurt
the Gnllland concern that the rumor
has gone forth as is Indicated by the
stock quotation.
Another concern that In not mcrg-
ing with anybody tx the Producers q.
Refiners corporation which has
made a great record operating as an
few DAYS when this Is generally un-
derstood throughout the country
The stock should go back TO par or
better
The Barnsdall corporations an
nual report has boon received which
shows after deducting for deprocia-
,ion, interest charges and taxes,
S1.731.692.43. n net Income for 1919
OF sl,4O6, ,966.Ss. There is no doubt
but that The liarnsdall corporation.
which is the consolidation OF all the
T. s. Barnsdall holdings, Is In as good
shape TO make u lot of money during
the current year as any concern op-
Grating In the mid-coutiucnt field.
II has had phenomenal success since
January t. and is going strong under
the able management OF r. A.
Broomfield, who is "A production man
OF tho highest class
The Oklahoma Producers n Re-
fincrs corporation, which is another
concern that can Justly be clasFcd as
u Tulsa corporation, has recently
demonstrated the fact already
known that 1t is u producing COM
pary and can find the big stuff II
anyone can. II ls reported elsewhere
on this page that they have "A well
that after the shot should break all
records in the Usage,
The Gladys-Bcll OF company has
"A showing for another big producer
In Louisiana, II being No Feather
stonefn 2O-2i-7 and the No. 1 Riley
Thompson in 22-14-ll Is being deep
encd ana between them both there
ought TO be big Jump In the pro-
duotion OF this concern. II Is one
OF tho best.
The Atlantic Petroleum company
IL having phenomenal success In rs
drilling operations and IL rapidly
gaining n reputation for being in
the biggest kind Of luck. Instead OF
luck. II should he called good judg
ment az all OF Mr.. Cries acreage was
selected with the greatest care.
The Skclly OIL company IL referred
TO frequently as one of the very best
producing companies ever incorpo-
rated ana II certainly Is as aggres-
sive AS any OF them. Best of all Mr.
Skelly's wells, while not so large, arc
coming In with wonderful regularity
His big stuff In the Hewitt field Is
easily in tho g1lsher class at that
There are many other purely Tulsa
concerns that are entitled 10 as much
publicity as any Of the above, but
viii be reported later and especially
as the stock market has been so wea |,
with reference to many Tulsa con
ccrns that II IL about time oil in.
Nestors learn the true condition OF
affairs,