Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-05-30
At the End of
the Rainbow

sas,
Texas is producing an average
of 33t $50 barrels Of oil daily, or
$4,000 barrels more than the COM
bined production Of Kansas and
Oklahoma.
Shortage of oil Serious.
! 1t IS estimated that 29,S6S,0 600
barrels Of domestic crude oil was
consumed in May Of this year; the
production during the same period
was 29,339 600, or deficit of
$4,000 barrels for one month. We
also imported and consumed, in
the same month, 4,571,l7I barrels
more than we exported. So it
would seem there is no prospect
for the price of oil to be decreased.
While the production is increas-
ing rapidly, the demand for oil
and its by-prOduCts is increasing
far more speedily. The whole
world need> OIL. Gold is required
only for oraa ment or as a means
of exchange, but the world has
to have petroleum to make the
wheels of industry go round
Practically every large vessel
that is being launched Is an oil
burner, and never were so many
ships being built. Tens of thou
sands of motor cars are being sold
throughout the civilized lands, and
without gasoline all of them are
junk. The truck business is Just
getting under headwav. This year,
with its bumper crops, will be
practically the birth Of the farm
tractor. Aerial transportation is
still in its infancy. Our merchant
marine is now being builded-all
TO burn oil. All of these gigantic
industries are just beginning to
clamor for oil and more oil-lu-
bricants and fuel and the various
and sundry petroleum products.
1t Is the Age of Oil.
Oil securities are the biggest
lterms in Americas great financial
circles today. There is nothing like
1t. In 1903 we produced 1S3.200,-
600 barrels of oil in the United
states, as compared with 345,-
100000 barrels in 1918, while the
price was ranging in that time
from few cents barrel to $500
now the standard price, but
! which promise a still higher level
| for the future.
The California gold rush, the
lAaslan gold rush, Cripple Creek
gold-field, all pale beside this new
oil excitement. But it is not
boom for q day; every day the
situation is getting on a more solid
and conservative basis. Oil Sc
curities and investments. sarely
and mdciously made, represent
the very best Investment opportun-
tiles whereby you can get the
maximum earning power of your
! money
To the rich we have nothing to
say-they need no more money.
but to the man Of mediocre means.
to. the man wh6needs more of the
necessities of life and a few of the
luxuries---it lis to that man we
would say word. VIII the mere
savings from your labor mean af-
nuence and position for you; will
1t mean even comfort for old age?
In this day of high prices ana
| the depreciation Of the purchas-
ing power of money 1t behooves
every one of us to so place our
| funds where they will earn the
greatest profits consistent with
reasonable safety. Can you afford
to lend your money at from 4 10
6 per cent, getting only the rental,
while the fellow to whom you
lend 1t receives the earning power?
The same is true when you pur-
| chase securities at a small rate of
| interest But when you invest
your money in well located leases
up against the Big Companies
| where they are spending their
millions, it will yield you the true
maximum earning power of your
money
oil is making more money for
l more people faster than any other
Industry in the world today Would
you sit back and refrain from Sc
curing some of these profits and
wonder why a few people only
make all the money, and you have
mot your share? 1t is such hest
fancy and lack of courage that
makes of us workers BolsheIists.
The oil business has acsended
from a game of chance to one OPP
lerated on scientific principles. and
where most of the hazard has
been eliminated by the efficient
services of expert biologists, who.
through years of study and ex-
pertinent, know pretty well their
ground. Men of big business. men
\ of brains and wealth are turning
lthcir attention to Oils it not
| good enough for us also? Can any
one of intelligence deny that pro-
Its exist in oil as nowhere else?
Let it be understood that we do
not sanction a mans gambling IL
! he can not afford to lose the
money. Nor does one need to gam
BILE in the oil game or in any
other line. He can put all his
savings in a small company, cap
| italized for only enough TO drill
one we'll and that in wildcat ter
lritory, and lose it, and blame no
one but himself, for that is not
the way to make money in the oil
business There are other COM
panes that may be managed by
| inexperienced men, with good in
tentions, and still make a failure
Iof it.
/ OF course it takes money and
more money to enter the oil BUSH
ness; it means the expenditure of
J thousands upon thousands to drill
one WELL ana one man alone, I'M
/ less he have much money and
much experience, would be help
| less, but by the careful selection
of well located leases and the CO.
toperation of local investors, all
can share in the profits.
With the information gathered
at this time there are over 100
oil companies, including our larg-
est producing companies, operating
in New Mexico and many of the
deep test wells are nearing the
oil sand that produces the liquid
gold, and those of us who have
played will win, and remember.
you cant win unless you play
| faction alone wins), Take ad-
vantage of the present low prices
and see us today on our Lea
Belle and, Roosevelt Tracts,