davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-05-25
Foreign EXCHANGES Strong

Coincident with the convention OF the
committee at Paris 20 consider plans
for floating German loan, the for
eign exchanges Yesterday developed
decidedly better tone. Sterling held At
about the recent level, but francs. lire
and others OF the Continental cur
rencies made gains that furnished con-
vincing evidence Of the sentimental in
tluence of that event. Another factor
in causing Improvement in quotations
was the reported probability that Ger
many would be given more time in
rendering an accounting on reparations.
The Far Eastern exchanges stood out
in contrast to the Europeans, declir-
ing in sympathy with the reaction in
the price of silver.
New-York tribune., 1922-05-25

Bank Clearings Bank clearines at
New York yesterday were: Exchanges,
balances, $64,4O0,oo0.
Silver London, 36l4d; New York,
domestic bar. 995sc; foreign, 721sc;
Mexican dollars. SOC.
New-York tribune., 1922-05-25
What's Wrong With the Bond Market

Percy B. Strassburger, general man
agcr of the securities department of
the American Express Company, in -
appeal 70 investment dealers, urges 4
more intensive selling effort. "A sur
vey in a score Of principal cities dur
ing the last two weeks" he says,
shows Us that the bond market dullnes
today is largely the result Of large
number Of riders in our recent bond
synd!catos. The Immediate remedy Cor
this situation is to do little more
actual bond selling and just little
less bid hitting There is really moth
ing wrong in the bond world if the
possibility Of laziness IN selling be pre-
cludnd -
New-York tribune., 1922-05-25
Money and Credit

Call money opened and renewed on
the Stock Exchange yesterday at d per
cent. The rate declined in the after
noon to "a and just before the close
to @I2 per cent. Brokers reported an
ample supply Of money in the market,
Time funds we're generally held for
Fl minimum OF per cent, conditions in
ca! money operating against the
shorter term advances below this
hEure- business was q moderate pro
portions.
New-York tribune., 1922-05-25
Change Of Control Reported

Reports were current yesterday tha-
control of the Barnsdall Corporation
has passed TO the Atlantic Refining z
Company, with New York banking
house acting as Intern ediary in the
transaction. Efforts 20 obtain Official
confirmation OF the rumors were un-
successful. Ar attempt to reach j. W
Van Dyke. president Of Atlantic Rein
ing, at his Office in Philadelphia
brought the information that he was
out of the city. The bankers declined
TO comment on the reports.
New-York tribune., 1922-05-25
SUGAR Merqers

Consummation Of plans tor bringing
together the Cuban-Am Sugar
Company and the National Sugar Re
fining Company is believed 70 mark the
beginning OF number of mergers dur
ing the current year involving other
sugar companies Like the steel com
panies. leaders Of the sugar industry
are Of the opinion that consolidation o.
their interests viii result in operating
economies which viii place them in
position where they viii be better able
to pass through periods OF depression
and reap larger profits during prosper
Gus years.
New-York tribune., 1922-05-25
Fhe Dollar in Foreign EXCHANGE

Foreign exchange rates again held
WITHIN narrow limits, sterling being
unchanged at the close, at S4451-l6,
for cables on London.
Francs worked higher, but guilders
SStagged. ScandlnaVian rates improved.
German marks recovered slichtlv.
New-York tribune., 1922-05-25
Paris Market Unsettled

PARIS May 24.--An unsettled tone
prevailed on the Bourse to-day. Three
per cent rentes, 81 francs so centimes.
Exchange on London, 40 francs 81 CEN
times. Five per cent loan, n francs 40
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Wilcox Getting a Good Well

Just east OF Bristow. the II. f..
Wilcox oil e. Gas Co, after days
OF trouble, is bringing in a good pro-
ducer on the Davis Sewell farm, in
the northeast Of the southeast OF the
southeast OF 2S-16-9. This well was
originally brought in as a gasser in
a stray sand above the Glenn at a
depth of 2,566 feet on April Q. 1921,
and for more than a year made n
production OF around 10000, 600
feet per day.
Due to the recent activity in that
district the Wilcox people began
drilling the we'll deeper a short time
ago with tho expectation OF dlscov-
ering oil; however, just last week
they thought they were getting a
hole full Of water on top or the
butcher sand at 2,96S feet, but later
learned that the water was coming
from back OF the casing. The water
was shut off and after drilling one
foot in the sand the well is gassing
freely and rapidly filling up with
oil. The drilling in OF the test will
he watched with interest as II is
located near the big ones In that
vicinity
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
as ==a
FdreUeU Party for
ID. +. McCdrthy

ID. +. Mccarthy. manager OF the
traffic department or the Producers
S Refiners Corp, Is leaving Sun
day for Chicago where he will here
after make his headquarters in the
Rigley building. Accompanying
him will he j. NJ. Northqulst, as
sistant traffic manager; Agnes
Donakay, and Lalla Rookh Taylor,
members OF the traffic department
Colonel Joe Cline OF the Midland
Valley railroad. has invited party
OF Mr.. McCarthy's most intimate
friends, 20 a farewell dinner sat
urday night, and doubtless there will
be genuine sorrow on account OF
his leaving. Mr.. Mccarthy is one
of the best traffic men in the husi-
ness, and moreover, is most ohlig-
ing In helping others solve a am.
cult situation. The only consola'
| tlon Is that he will be connected
! by wire from the Chicago offices di.
rect to the Tulsa. offices, and per,
! haps will he able TO help his frlcnd'
once in while through this
medium.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
In Mcintosh COuntH

The McCree Petroleum company
will spud in the first Of the week
on test in the northwest corner
Of the southwest OF 4-1i-15, Nc.
lutosh county. oklahoma.
George w. McClain Of Okmulgee
Is drilling In the northeast corner
Of the southeast OF section 9-1l-15
T.. W. Kimbley OF Okmulgee 1.
drilling at 1855 feet with a show
Ing Of both oil and gas In a tes'
In the southwest corner Of the
northwest of 29-12-l5.
II will be interesting 20 watch th'
development down there as the
first two wells are said to be on
structure. while Kimhlcy's test Is
located I'm what II said 20 be a syn
cline. and Just north OF another
Deep Fork creek.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
W. n. Barber in Torn

W. II. Barber Of Minneapolis and
Chicago, is In the city and speak
ing OF the point made by the st.
Louis chamber OF commerce In the
freight rate controversy. TO wit: that
the refiners were located at Wood
river and East st. Louis on account
OF the rates In effect when their
location was made" says; "They
might as well say, that because St.
Louis was a town before Tulsa was
born, that there should be no one
allowed to live I'm Tulsa" Mr.. Bar
her says that he II only buying 30
and 100 car lots ot gasoline now
days, and is not making any large
purchases, because no one can tell
what the trend OF the market will
be. There is the greatest oppor-
tunity for inventors" said Mr.. Bar
ber, "who can build either steam
or hot water heater and boiler COM
hined, for domestic purposes, and
using as fuel, nothing but 20 to q
gravity fuel oil.' $3.50,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

about all the enjoyment there was
those days. Mr.. Strawn says IL
ought to have been the coolest place
In the country. but that the weather
was so evenly warm up there that
II Matched eggs, and the drillers
raised chickens right under the der
rick floors without any hens or in
cubators. IL looks as though Mr..
Strawn IL in good luck. as he ought
TO get the best wells in the Turkey
mountain pool right in the center
OF the big dome. Messrs Strawn
and Harris own all OF the Henry
Froe l20 acres. but leased 40 acres
of II to Flesher and associates who
have a good well on the property.
Mrs. Strawn, who is a sister OF Mr..
Strawn's partner, Jim" Harris. Is
with him on his visit here.
@. r. Lilley, local manager OF the
James +. Berry's Sons company. IL
receiving congratulations upon the
arrival yesterday morning OF a fine
lOh pound boy in his home.
r. r. Brann Of the firm OF Kline
e Brann returned the first Of the
week from a months vacation spent
at Lake Chautaupua, N. Y. Mr..
Branns family will remain in the
east through the remainder OF the
summer.
r. NJ. Caller Of the Bradstreet OIL
company left Wednesday night for a
motor trip TO Chicago. Mr.. Galer is
accompanied by his family.
W. II. Latimer OF the Kansas &
Gulf Co. IS spending this week in
Chicago on business.
VI. c. Bredahl OF the Hiram C.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
The Wedithiest People
in the World
py JOHN IrAHy


At the sole OF Usage leases yes
terday the share OF each member OF
the OsaEe tribe Of Indians and the
estate OF each deceased member
amounted to Si.SS6.
Since the renewal OF the Usage
leases In March, 1915. each member
OF the tribe has realized from bonus
sales about S2S,5OO, or this amount
about onc-hHlf has been paid out,
the remainder being represented by
yesterdays sales and deferred pay
ments on leases sold AZ prior sales.
This amount is In addition 20 royal
ties received on oil and gas since
March 16, 1915. These ROYALTIES
amount TO approximately $1,000
which brings the total amount COM
Ing 10 each individual Osage since
that time up 10 approximately $3G-
500.
The remarkable wealth OF the
Usage tribe OF Indians. when taken
into consideration with the purchase
price paid by them for the Usage
reservation, and what was thought
OF the reservation at the time they
purchased Il, is almost like fairy
tale. The OsaEes paid for their
reservation S10S1OOO 90 the Chcro-
KEGS. That trade was brought about
through the United states govern
| ment. The Osages were not consid,
cred as an industrious or agricul,
tural people az that time, but rather
as tribe that maintained itsclI
principally through hunting ant
fishing. The Usage lands IN tho mair
= were not considered suitable for ag
rlcultural principally good only 10
|, sraNng and hunting purposes.
In the sale yesterday there wer
TWO tracts OF land. each one Of wh!cl
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Wilson Syndicate Has Rig up
for Third Location in the
ByiStOU TerritOry

The Hiram c. Wilson syndicate Is
moving It's tools for It's test No. /
on the Amos Robertson farm. loca-
tion being the southeast of the north
half OF the northeast of S-15-S.
Its test No. on tho Gooden farm,
in 30-16-9. has landed the six-inch
casing at 2, 900 feet and should reach
the butcher sand within the next
few days.
on the William Harrison farm. IN
14-16-S. the same company No. J.,
Is drilling at 1000 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
With the Oil Men

G. w. strawn, OF the firm OF
Raker az Strawn, who have recently
discovered a deeper pay in the How
III field, have completed a well that
started off at 500 barrels in the
.2 2.S63-foot sand--or $50 feet in the
lime-is in the city, and Is lucky
enough to discover that his old fee
piece on Turkey mountain looks
mighty good, Mr.. Strawn operated
as member of the firm OF Strawn
Il Harris back in 1910 and 1911, and
enjoyed the experience OF living on
top Of Turkey mountain, which was
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Wen Records by Townships

Charles H. Jonee, civil engineer OF
pawhuska, has prepared a splendid
record Of wells drilled In the Usage,
which, II he had been allowed by
the department 10 complete, would
have been Of invaluable service TO
the oil men.
Mr. Ioncs's records go back 10 the
earliest development, but do not go
much beyond 1917. They are very
complete as TO early development
ana the OH Editor Is particularly
pleased 10 have a copy OF same for
future reference.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

Wilson campany Is entertaining sew.
eral interest holders from the east.
ern territory who arrived in Tulsa
the early part of the week and ara
Inspecting the operations OF the III.
ram c. Wilson syndicate. togefhnr
wit0other items of oil interest Tha
party has been taken in motor c.rs
through the fields of Creek cour.y
during which trip. they had ,bs
pleasure of viewing the Roland well
If 2-i5-s. which Is still producing
around 5000 barrels Of oil per dax
They also witnessed the drilling ~
OF one of the Waite Phillips blk D-".
ducers in 23-16-9. Among those ,-bo
made up the party we're ID prs,
Wynn of Kentucky, capitalist ar oii
producer; Dean A. Askey 'oe { sg.,ia
Mills, Pa; Frank F. Kramp, resi-
dent OF tho Ramey Coal Ni,,pr
company OF Ramey, Pa: D.. FranI
d. Leopold, and a. Wright Higier
large coal operators OF C'rirfIeid
Pa; and II. A. McCardell. cautaI.s,
and coal mining operator os Penn.
sylvania.
Fred Hyer Of Fort Worth. rovas
arrived in Tulsa 'yesterday ana wUi
spend several days, here on business
lie expects to make some iaeat,rs
on the Stone Bluff lease I'm 3-IG-fs
Esher Johnson and Howard n
Yates OF Bradford. Pa, are i7 ,bo
city. They are prominent in tbo
nnanufactu 90 cas!ashcad aasoi,n.
and production of oil. This is tbeT
first trip to Tulsa. I'VE arc vor,
greatly impressed" said Mr.. Jghr.
son, with the bright, pr0gress.vs
wlde-awake. youthful spirit. which
is everywhere apparent in your c.iyH
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Mexican Situation Not so
Very Optimistic

The situation in Mexico where the
Corte5 oil company organization is
still in the hands OF the rebels, who
demand ransom, does not appear
so very pleasing in spite OF Mr.. Do
heny's predictions that from now on
oil men operating I'm Mexico would
and no difficulty about titles. and
especially the Rig six. who are pro-
posing TO develop lot Of wildcat
acreage in partnership
Mr. Doheny has another guess
coming. and Il is no wonder that
Mexican Petroleum failed 70 main
tain It's high price OF s204 per share.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Al Proud of COnStdntin
in PGThashG

c. Constantin. who owns the
thater in which the Usage sales have
been held. and also much other ike
ly looking property in Pawhuska, Is
an oil producer right. these days.
having completed in partnership
with tho Western American oil com
pany, n we'll which is good for 500
barrels. according to Mr.. Constan-
tins own estimate.
II is the second location north
Of the southwest OF the northeast Of
2S-24-lO. and is in the Cleveland
sand, the top OF which was found at
1922 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
To Supply SkidtoOk
With Gas

The Corcoran Contracting COM
pany has been awarded the contract
for laying gas line from the gas
wells IN section 5-22-12. into Skai-
took, a distance OF miles.
II will he laid within the next ten
days. as MIR. Corcoran IL one Of the
speediest OF all pipeline contrac-
tors
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

Robinson. Letcher, Zhaniser 4
Gibson have 15O.barrel producer
in the upper or 2,400 foot sand, IN
their test at the center OF the Yves.
line OF the east haif Of the south
west Of 24-11-11.
Tn well will he cased or and
drilled down TO the big pay NJ $500
feet. and a combination we'll made
Of II.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
O. x. HOUdrd Has Immense
Gas Vel at Turkey
Mountain

O. r. Howard. drilling in the
northeast corner of the west half
OF the northeast OF li-lS-i2. south
OF Turkey mountain, has an i'm
mense gas well at $500 feet.
So far the we'll has not been
measured as 10 capacity. and an
estimated has not been received.
The GLADYS Belle people uffsettinG
the big well drilled by them In 2
1912, are partly drilled in but so
far the well has failed 10 show the
same class as the big well a loca-
tlon east.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Wow locations iutf.ts-s.

The Eastern OH company is build
Ing n rig IN the northeast Of the
southwest of the northeast OF 9-l5-s
for n test
The Gypsy oil company has made
a location I'm the southeast OF the
southeast OF l6-15-S.
The Texas company has made lo-
ca ton in the northwest OF the north
west Of 22-l5-S.
Quinn and others have made loca-
ton at the center OF the south line Of
the northeast OF the northwest OF
4-l5-S and have a rig on the ground,
The Skelly company is building n
rig on the Lucky Dick lease in the
northeast OF the southeast OF 81
AS
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

Los ANGELES. CAL, Juno 29.--
Boy page the curio collector
what ~ said 90 bc ono or the
rarost relics IN American history a
brass button. declared 20 have been
worn Hy George Washington Inn
mcdiltcly after he was elected pres
ldeut, and which he lost while in
Philadelphia 10 attend a conference
with members Of his staft--is In
the possession today OF a Los Ang-
cles man.
The relic now belongs 20 Hamil-
ton q. Rementer. who says It was
given to him by his grandfather,
who lived In the house at Sixteenth
and Reed streets. Philadelphia,
where Washington IL said 20 have
lost the button when he held the
conference.
According to the history OF the
button II was unearthcd IN the rear
yard of the residence OF Remembers
grandfather about ten years after
the conference. Hc gave It TO Re-
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
COniur Oil Company Has
Biz Gas Well

The Comar company No. 10 John
w. See farm in l3-24-1w. Tonkawa
district. IS maHing 45,00O,00O feet of
gas at 1875 feet.
IT Is the largest gas we'll drilled in
the Tonkawa field and should fur
nlsh gas for the gas company for a
long time 20 come.
The Kay County Gas company
supplies gas TO many towns north Of
Ponca City. in addition to supplying
the many industries in Ponca City
itself
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
South of BidckWeU

The Marland. Spencer & Blackwell
well In 13-26-1w is drilling at 1880
feet and is expected TO reach the pay
sand within the next two or three
days This Is ono OF the most promi-
nent structures In the western coun-
try and most interesting results are
expected.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Mountain States Wildcat
in Mcpherson County,
Kansas

TIL Mountain States oil company OF
Salt Lake City have set the l2 1-2-
inch casing and are drilling In black
gumbo at 924 feet, in test near
Roxbury. Mcpherson county, Kan
sas. The we'll is on the Clark farm
and located in the northwest OF 2
1S-1w.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
McHdH Oil Company and
DeUORiun oil Company
Shoot Vel

The McMan oil company and the
Devonian oil company No. 13 Ida
Hall located I'm the southwest OF 3
oG-6, got tho sand at about 2,Si6
feet and was drilled to approx
mntcly 2.S55 feet. After m so
quart shot It IL making 500 barrels.
THIS brings tho production Of this
lease I'm 70 5000 barrels.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
WGriGnd Has Big Wei
in MeHicO

The Mariaud of Mexico has dis
covered new ana hitherto un-
known sand at Its lease west OF
Panuco at 1.piO feet. The well start
ed Off at 1000 barrels and indicates
that the Marl1ud people have n Won
derful structure down there.
There IS no difference In the grav-
ity OF the OIL so far as is known.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Drilling in I4-S

Kline &c Brann's No. l Bearhead
well. in the southeast OF 10-14-s, is
drilling at 600 feet.
The Skelly company and Billing
slea interests well in the southwest
OF 11-l4-S, is drilling at 200 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
RdSseH & Dalton Pass Up
Small .ShOr of Oil

Bassctt d Dalton passed up a
small showing at 1000 feet in their
test In the northeast corner Of the
northwest OF 1919, and are now
drilling at 1850 feet
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

anytime now. No. on this lease
started at 100 barrels and No. /
Jimmy Johnson in S-21-l3. IS still
making 80 barrels at one year old.
They are all IN sand found at 300
feet in the lime.
The latest test IL OF great interest
to The Petroleum company as 10
offsets 100 acres which they have
been operating ever since the early
days of tho Bird Creek field, and
have at no time drilled below the
Bartlcsyllle sand.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Wildcat Test in Skeedee
District

Tho Devonian on company Wild
cat test in the southwest OF the
southeast Of 1926 has been drilled
10 depth Of 1850 feet This Is in
Pawnee county in the Skeedee dis
tTiCt
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
OIL AND GAS
Leases-SuppIiss- Ito.

FOR SALE-Royalty interests;
$50 acres, Wilcox test, drilling. one
sixteenth for $500. Positive bargain.
Chaney, 400 Tuloma Building, Sec
ond anu Cheyenne streets.-Adyer-
tisement.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Important Test Due in the
Bird Greek District

10 William i. Johnson farm, in Z
2l-l3. 10 the Wilcox sand, and is due
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

Have small tract on Turkey
mountain to lease. Cali Usage 2S76.
Advertise
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

FOR sALE--About 10 miles 2-in
line pipe: 3 miles 3-in., Al condl-
tion; immediate delivery; low price
Phone and 7i9 Cushing, ask FOR
Berry,--Advertisement.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30

Referring TO demand OF western
refineries for establishment OF pro-
poruonal rates by eastern roads
from East St. Louis on petroleum on
the ground that such adjustment is
required in decision docket thirteen
two ninety three stop.
since eighteen seventy scycr
the rates between eastern territory
ana points west Of the Missisippi
river were made on n combination OF
rates ot eastern roads 70 or from