The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-10-18
IN THE OIL FIELDS
Office. s24i w. II. PECK Residence 2442

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au,d has been ono uf. steadily u.
! urorslry di"pr"p0r'ion between 'h'
/ company lhNN'd 'lp'"l "hu '" ''
/ H'l" h' dI'''i'lH IN'i, ,'"'' pl l'p'.
/ lhr 800 l'lA' iH ''p'.l "'' ''.'"''
/ ana, In Ih' 'N'h' or "u.h IN' I''
h'lnf uulh"Iih'd hF 'h' hh'l ,''''
/ ,'7' 'h'N pI"p'-' 20 "''' ''. ', 'Nt |l'
/ during ih' current N''l %" 'l' h'I'
/ |nrH ut common tl".L % "u.t "IFlI'I'
uu Tine basis "i Tour n'" common
Hh1r'H ut N-5 u'r N1'u" Tor ''.'
such common "hIt' "u' i'N0Inf.
/ This VIII have IN" cii''t ui iutt'l'
. iug iho issued common stools oi in'
/ company ip approximately t"nupuN.
| 600. The bilnuc" ot thr Nrupur'l
] increase. about 100000 shares. VIII
| bc held iu the treasury to meet surh
needs uf the company as may arise
in tho future
.,1rb, dtr.rt,,s fool chat tho share.
h,,t5,., .h,,lJ bc edytsrd tb,t In
| ,t,,,, - tho .,r,,,,i,,n,cris ,f mo cam
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/ P,'H'" ''' 80. 'u ,,, n ,,,., ,,,..
] 'N''u'' 'N'' ""' '''"'" d. '' '''
/ rctnry OF the company
Cnmnnny In Struny Position.
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,,'t tiytt,,d .ti.trn,uit,n It,yy-
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nave iny,'ls'u ',' ,'P'I' ,Is Wv T"rn h',n
s,..,,',',i, ,,I,,',j out nm th. ann.
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W., go o'',,u We ~, IRA 10,
,'1,',,,t ~, a,s,r,J an Ina ii
'oon .rhnT, ,.,s nm irrr,.,ss In cnn,-
,,.-,, 80 ,a.,,,,,ii',ti,n ,,r tto ooo onn nu
w., 90 to"o , ~ ,,s ala.
u,,,.,i, ',td ", ~ ,i,v' 49, Tho in
crcnso MA Tor the puruosc or pro
vidlng stock for employees. when
the common stock was increased INC
par value ~ the Hhlres was reduced
to f25, ana THIS viii b" the par ON
The stock which VIII b" offered as "
7 stock dividend. Tho strong posi-
tlou OF this company Is shoWn ~
the fact th1t since the dissolution o.
the old standard of New Jersey cash
TO and including the Jun" dishursr-
mCutH this year have boon Aa'&.-
7Sa,iao, This represents approx
muteY onoequhrtcr OF the total dlNl-
dcuds which hnFr been diHtrhulrd
hy tho individual units which the old
standard OIL was divided IA l9llt
Diviioudr for oil ri th" companies
have amounted 10 O5,oPi
this representing cash distributions
Tho stock dividend action nS
standard ut Ncw Jersey makes the
fourth distribution OF thlH KIND hN
standard oil companies iuiH Nrnr.
only recently the standard on com
pnny "f Sew Work. Hnn"nn'"H - 'nn
per cent dividend ana the standard
on company OF California nuuoun'-
+ rd distribution of 100 r'r cent
Tho standard company OF Kentucky
= earlier in the year declared "A elo' I,
dividend ot % Ia per cont
NcN Dividends Looked For.
7, p,c last ty,, r,,pti,. brro Inns
hoo" ~ h,,,, .,,,,r,i.,t.n, en-,
s,,,,t,,5 ~ yh,rcs ,g..I mo-, ,,,
nns.inuItfrs ~ .,,.l I'i .tsrL,
. pr,c,. ,.cer,i,' ,,,, ,,,,.I.I a.,