The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-03-04
The Usage Sale Was Most
Interesting ia Years

with the interest of tho oil men
centered in the one particular 100
acres II ia not surprising that there
is a great deal of comment heard M
to the price aIWl tho wisdom thereof
as displayed by tho purchasers the
Phillips Petroleum company and tho
Skolly oil company, All else was
lost sight of and principally because
there was n lot of junk offered on
tho east side with only here and
there mighty likely looking piece
that was worth tho money And
there you arol
when the Skclly-Phllllps people
paid Stl35,000 for tract No. 28,
which is the northeast OF 25-27-5,
and Sl,l6O,000 for tract No. "a,
which is tho northwest OF 25-27-5.
they certainly did not surprise any
body very much as some OF the best
posted oil men had figured It mighty
close, and this long before the west
side OF tho Usage had been reached.
G. ]. Wrlghtsman, who In always
more Interested In what is going to
happen than what happened yester-
day, was on the job and was kidding
some OF his friends by offering to bet
$40 that either one of the above
hibNAH Nbhlu nv " FVpptNNut NulNh ~
not far from n million plunks.
Once upon n time n very wonder
ful writer who. II his judgment
evened up with his knowledge OF
the newspaper game, coined now
phrase which has always been the
envy of this oil editor when he said
that the phillips Petroleum COM
pany run the oil business Just like II
would run a bank" and this phrase
has stuck ever since In spite of the
fact that all the dope that went with
Il turned out to be bunk" but the
description OF the way the Phillips
people play the game was undouht-
edly big stuff and absolutely true,
Not only that, but w. q. Skelly,
backed up as he is bv Vice President
G.. c, Herndon, Is no. only one OF
the gamost OF the game men in the
business but has been on the Job all
the time and knows ms much about
oil sands, and above ALL about
trends than any of them ana he Is
certainly not worrying about the
big price paid, nor win he ever
worry any over this or any other
long chance that he shall take. Mr..
skelly, by being on the job nll tho
time, Is getting n stronger position
week, ana his friends that have
known him since n boy are all proud
OF him.
one Of these days this lease that
tho Phillips Petroleum and Skelly
have acquired viii be one OF the
show places OF Oklahoma. Tho very
location OF 1t all insures this, and
were It not so far from railroad
the people of this town would have
had n fine description of II long ago.
II is n little tough being out in the
March winds for this oil editor, but
there Is one thing mighty sure and
that ~ that the weather will be
warmer some time.
Az criterion, the price paid hy
tho Phillips Petroleum company ara
the Skelly Oily company Will stand
out for months to como as showing
the real value when produced from
the Bartlesville sand. which IL the
sand that has made moro fortunes
I'm the oil game in Oklahoma than
all the rest of them put together
This is the way Harry Sinclair put
g. and he certainly ought TO know.
One good thing about this sale IL
that II brought n lot OF new and
young blood into the game and each
and all OF these yungstera viii be-
come real oil men ono of these days.
There Rre one or two who are de-
serving of mention for having paid
a fair price for better than the av-
erage acreage, but they are protest
ing against any sort OF mention and
OF course modesty is virtue.
Another thing. II Is certainly good
dope when the g"ologlst for the gov
ernmont ia on the Job ana makes
his announcement plainly II the
bids arc too low Il IS tho time 20
say so and while II would be very
nice indeed II tho Eeologist would