The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-12-05

well drilling on immense acreage In
Cass county, Texas, which is showing
for a well on top OF the sand, made
good. lie has also taken on two or
,hrec leases in the Cat Creek distric,
IN Montana, and this. eventually II
uound to be exceedingly valuable
because Of its proximity to the
Canadian border. whore gasoline is
sull selling at 90 cents per Imperial
salon. A pipe line could easily be
laid across the border. a refinery in
stalled, and then the rest would be
easy.
The Oklahoma Producing & Re-
lining company, which Is just now
being merged with the Pure on
company, thus cutting Off "A lot OF
he overhead, is in the best posi- -
ble physical condition and has de
Jared a quarterly two-per cent
dividend, and should make an In
yestment that is as safe as wheat in
ho bin.
Investments In stock like this con
not fail to De satisfactory.
The Sapulpa Refining company
with it's added earning power. Oh
account OF it's new lubricating plant
now In operation. is another. the
Atlantic Petroleum corporation
with acreage offsetting some OF the
pest and most promising tests now
being drilled IN the Mid-Continen
.oli, Is as conservative and ably
managed as any Of them. and al
sords a good outlet for ~ investor
who can get by with his taxes and
nave something left for Investment
Tho Skelly oil company has been
bringing in big wells during the past
week in tn, eiIw!tt field. and u
ieep up wonderful average da>
by day in the northern Oklahoml
-ielde, being espe lally strong ~
creek county. Mr.. Skelly, like al
he rest, need not have financed hi'
ompany by selling any body any
3tock, az he knows to his own sat
isfaction by this time. according tt
hose In close touch with Inn.
The Wilcox OH & Gas company
stock has not been sold on any
stock exchange, except as feN
brokers have offered II on the curt
| market In New York. and has stead
| ily advanced in price, which IL
| notice to the financial world. tina
| selling stock on New York stock eN
| changes IL not what it's cracked ui
| o be, and Mr.. Wilcox has shown ex
I ceedingly good scL.s to keep ava,
| from that financial center. HI
| holdings are in the heart OF IN
| Creek and Okmulgee county fields
| where the going is good these DAYS
| and therefore his stock Is not likel
| anywhere near the top at the prcsen
| writing
| The Producers & Refiners cor
| poration, with a well-balanced con
| rern. having its own Production
| nine lines and refineies, Is anotho
| hat is exceedingly attractive as
Investment and In a position l
| AXE on now producing propertie
and has just opened new pool
western Usage. that Will Keep
The fluctuations OF the market
| New York arc all Greek 20 me aver
age oil producer here. II Is impo'
,ihle tofoxplain 10 the average ma
why stock should rise ana fail l,N
4 for instance the Cosden stock, whic
1ronrcd the other day as low az So
and back to 500, with absolutel
nothing happening at this end whei
tho holdings are, to cause even
rinnle in the even tenor OF IN
market.
The big refinery In West Tulsa
Turning out az much stuff as II eve
did. and is likely to continue doi,
so IN tho future. Better ffeig
rates will make ~ n tremendous u
ves,ment, and these freight rates a.
sure of readjustment soon. In IA
railroads are regretting that the II
.erstate commerce commission r.
Gently corrected a flaw In the prin
cd schedule. which had been words
so az to invalidate the 30 per ce'
increase in rates, which were SUI
nosed TO go into effect last Augus
The rates are in effect now, an
everybody who shipped In certain
rections, meanin" nrincnally east
Saint Louis, are filing claims TOT o.
, cess charges.
The Sinclair earnings are report'
very large, and will be much larg'
when the short nipe line now peir
, built on the Gulf Coast 10 the fou
On refinery is completed. The s'o'
is Below its real value, and az a spe
ulative proposition Is easily reco'
rized as beyond question by anyoi
who knows even the rudiments
he game. II is bound to work vi
wards. II slowly.
: The Gnllland oil Company VII
It's wonderful production in u