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SECTION A. TULSA DAILY WORLD, "SUNDAY, DECEMBER 4, 1921 i pa. OK ) V to f Ttd tl Mr? nv. W el n bo Rf l 1 at,, hi l ft H ! IN THE OIL FIELDS Office: 6241 W. H. 1)11 Mattel Onotatlnne. Kan, A Okla ! on , Kl Dorartn. Ark llealdton I II , llayneavlll lit Pennalranla . cement Waltare e I canaii Kloetra t n 9 II Comma . Hariand Somertet light .nmetaet llcnrrell. . Ilurkiium 'U tt 1.10 Sllevana 1 1 Oor.lrana llalit I. II Lima Coralcan-, h r .Hi Indiana. i n ! P1BXIS lllinr,. Plereo .1 Mho. . . .11 IVnoaler 2 TO four UR1 Humble 1.SS I'rlnret.m 3 ... I.n.ymirioo IV f t.lumhla ) It I on anade t II Jjaditi II . Caddo l to II Cadrio, heavy. llomer pull Darou Elk llaaln dram rieek . . . Ilia Mud.l ... Mulo i M.k . . Cat Creak. Mont I ft 1 b 1 II I. it I oo 1.10 1 to Wkmulgcc Hanqiut bVill He Well Attended TJio Okmulger 'Hstrlrt Oil A On" "association will lie hosts to a largo number of oil producers and re finers ut tha flmt nnnuiil banquet, which will lin held lU the Hotel Parkinson, Tuesday, December 6. and thora la mu h enthusiasm among tlin independent operators, and a food timo Ik suro to hn Im 1. Amime the speakers will ho V. Jt Orny, who ns everybody knows, lvna always n strong and interesting Jalker, nnd who got his first expurt nco during tho Hplndletop ilayH In STtxas, nnd afterwards participated, Jiml In fai t, look u lending port In Jho ouster proceedings which ro julled In Ihn expulsion of tlin Stand ard Oil company from Texas, S JJ. I Hoblnson. of tho Allied It.), fining company, who In also nnno elated with MMirra, t.clchcr and Gibson In til (i Nov development In tho I,yonH pool, and who enrnod hla t'durntlon nt n utatu nortniil noliool In Went Virginia, wiui admitted to 'tho bar nnd wun nimnlmoimly tolocied when only u hoy, n protio fcutlnB nttorney of ono of tho touch bounties In that Mute, whoro ho iBiado a crrnt rocord an ti cleanup lOinn. and faithful prosecutor. U John Orlffln. who I n lnrpn Operator In tho eastern field, and T.I10 la urcInK tho -oil men to tnlto ,4n an orirnnlzatton idtnllnr to tho .HKvncy In California, and who In by tll.o wny, making great jirogromi IVIth his now lilou, will aluo bo ono tjf tho penke.rK. V Mark .Mitchell, of Independence, 'Kan . whero ho MiuhIh out an n inun fyltli original and Indnnendont lilean, twill bo another, ana In addition Ahero will be of rourne, much lornl ttalitnt, Including J. J, Moroney, who 1 (w niwnyn cxcccqingly bright nnd anterentlng, with n lino of witticism ; hill hie own. nnd Ocorgo CI. Ulfford, I'Ci fobo Is making a great nuccnen an V Mn oporator In Jhat flold. ' i ti Tmo weetlnu coming nt tho name . j' fUmo us tfio gathering nt Chicago, . whoro tho Natlonul I'elroloiiin In - etlluto will Ijold a three-duy nesalon, .1 will keep a few, n very fow, nwoy Trom tho banquet. Tho Chicago :-i jncotlng has Its own Docullar attruo. Itlon, an tho men who tnako tho prten fare going to hold forth at the ice- jona annual convention. 'resident O'DonelVs JSiatchttttt H Tho ntntement elvnn out In nd fynnce by l'rcaldent O'Donnnll, of Mil" .-vniuuiHi 1 ptrumuni inntltuio, T . 1 t t.. I.. ...-it.... anil printed eisewncro on this page, (will bo rend with the) greatest Intur. Sent by oil producers here. j .Mr. O'Donnell Is doubtless cor rect when ho rays that tho requlro jinentH of 1922 nro oxpucted to bo Jyery largo, nnd thu mention that ho niaken of tho now jioola recently 1111 iovcicd, Ih nlong tho lino nnd reaches tho mmo conclusion that jiiost of tho woll posteil oil operators nero have reached. On tho program nt Chicago, Harry Jlnclnlf Is slated for tho enviable .role of prophet for the ensuing year. ,Jt la doubtful It Mr. Hlnclalr will get very serious In his remarks, hut 'tt ho loes, his friends hero, nnd especially tho stockholders In tho Sinclair Consolidated, Will bo great ily Interested In what ho' lias to sny. (.There nro several who are leaving for Chicago to hear him nmko his hriilrnttM I OIL AND GAS It Bopollra rtJortl.., Fla A' t To whom It Mny Concern: The property Of tho Vleahar Pnlrn 4U)n comnany. lornind u r-.. yins been offeicd for snlo by brokers .'iirnnriuniires wuiiout author Jif. . ln"! " 10 "otlfy tl,o P'll: dbat it Is not for sale and has been g'aken off tho marltct. Vs will not ffl,?.ll,!r "ttrr through brokcm and will not deal with them and will not De responsible for any commission claimed by brokers or parties claim lng to roprcsent purchasers. W. J. Klrahcr, I'rcsldent. will Blvo 120 acres for well, good isuoi, 7(,i it. John U U Hall, P.0.1 M13, Nowata, Ola. AdvcrtUcmcnt m Nowata flold. settled nroductlnn Meveii wolM, nine barrela; depth. 7S0 jfeotj jjn nciri no vacuum, high gravity oil. Hevcn absolutely proven .....wnioim. wciih riusn 35vto 50 bar. Jfola. 1 will soil nt bargain foT enah fti. r" neon not can nio. ,1'nono rauuo. u. . . j-ountn.Ino, Nownta mm. Aiivertisenient, a nAnaAi.v. Will sell a 240-ncro leasn In Nn. ata county for 12 nn ncro. or will net on n drilling contrnct, giving n. uiKUMuuruin iiuorrni in tliu lenno ror ono wen. Tiiren.rnnrthn m in trom producing oil well and provon for gas. Ilox 604. K.ni.l Rnrlt,m jplila. Advertisement. 1 IVn and settled royalty on BO !acron for sale hV owner. Morn lhan AH barrels hlgli grade oil per day jivcruge for past six months. Do acriptlon; a. 0. or n. 0. nnd 11, c, 1-3 fpf n. e. 1-2 of n. o. of tt, 0. of il 0-1 4-11. I'rlco, $26,000 No talk ffor brokers, l'honesi Osago 5925 Jand Codar 1506. Advertisement, , Ten ncren for wale In fee, by owner, Jf.D. of S.W. of H.h. 12-15-10. Not leased for oil. Price per acre, 3350. JN'o talk for brokers. Phones Owigc 3925 and Cedar 1500. Advertise- incut. ee and settled rovaltv nn ko cres for sale by owner. Moro tban n umrcin mini graao on per day vcrage for past six montrui. lo- npnon; , e. nr n. . and n. 1-2 of e, 1-3 nt n. e. or a. o. of io.ii.ii rrlce. U6.QQQ. 'No talk for brukent. -AdfertUcmci' PECK Residence 2442 JJ I Mm entire mooting, renters nround ' 1? tin1 nnnotinrcmcnls Dint nro lo ho ox 4 99i pc ted on Monilny tho 6th, In rcgnrd i.to frilKlit ruti n. It In tliu imo par ; i tlrulnr thing (lint Ihn Mld-C.'ontlnonl firm In Interested In, nml must linvo In order to gel lift oven brcull In tlin markets of tho country. Industry Waiting on Lower Freight Ralcn ' (Contributed by 1111 ctM-rt oil )T j iioinlix.) Many lines of Industrial produc 1 Hun nro crippled by tho endeavor of 1 1 'i tain factions to maintain wnr- tlmn wages In cattnln branches of Industry. Thcsn wartlmo wngos in effect reduce buying nnd caplinl ad venturo and cntorprlsos aro shucklod with tha burdvns of wnges and tuxes. Mnny consumors of Iron nnd utenl prodticM nro holding back h Inrgu amount of buslnivw becausn of vari ous prevailing uncenalntlos which nave to do with tho cost or value of thorn. Vorkors of tho Meol mills have cheerfully ncceptod mmo reductions 11 Wngos and have signified a will ingness to accept still further reduc tions. Hallway labor has accepted n slight reduction under revere protest nnd Is mitklni; strenuous opposition through Its radical loaders against future reduction.. l'ubllc opinion Deems to Indicate that employes who nro parties to such campaigns havo boon nhnwn ntnplo consideration nnd now should stand a reduction In wages, That such will come and theroby permit tha carriers to rcduco trans portation charges. Is generally ac cepted as tho Inavltnblo. Thf oxtended delay, however, causes so many uncertainties In the situation that neither tho producer nor the purchaser Is willing to stnko his Judgment against unforeseen hnppcnlngs, ns he would wero some of thoso Itcinn of cost decided and announced. Ah condltlnnn havo been for the lost five 'or six months, nnu's Judg ment has not been considered as 11 safeguard against market fluctua tions no that some of our best authorities, who hnvn at their com mand tho hejl of statistics and facil ities, rofuse to even prophesy tho icxt trend In business, Purchasers of lroiand stoel production who havo wely forecast markets In nor mal times aro up against so many dlsadvuntngos today that they buy only for the Immediate needs. .Many of these disadvantages aro occa sioned by conditions outbid? of tho Iron and stool' Industry, No doubt wo would havo reduc tion In tho larger Items of oil field supplies wero freight rates reduced. Thni o la so much complication In tho mnchlnery today In tho adjusting of t in f fie matters that onu feels tho lack nf aiuiuranco as tu whnt fac tion will win. WlmtoUT may Im tlin ouiromo of the iiiiincroiis roiifcroiiri'H between railway i-xcciitltcH, trafflo ninunccn, InlrrMtntn r-ommi'ti'c MnimlMlon. rnllMiiy labor Ninnl am! tht; lalnir lenders, let lis Ikiki that mo will limn It curly, tiniH lining nwiiy Willi n Inrgo Nirt of our iinccrliilnllt's nnd milking 0110 more real sten townnl Hint which we mi often six'nk of ai normal iiincN. Completions South of Kcltiivillc Tho I'lillllns Petroleum company's No. u Miller. In the Muithwrnt of -'S-ln-10, Ih n tin-barrel producer, nit 11 nil, in Kind found from 2(1U0 to 11,7:10 feel. Eaat of Mounds ihc Cliocliiw Oil .t Oni Co.V Vo. 3 ltoliuid. In tlirt Miiuliii.t of m-in-12, Iiom lieen gUen n 20. ipinrt !-ln-t In Hie t,o:i; to 1.017. foot nnml nml N n lo-bnrrel well. This 'eel lias been plugged back fmin 11 depth of l,tm Icrl, Completions in the llcggu District Tho Woherlne Oil enintmnv'N test mi the Clark fnriii. In the nortlieast i-orncr or tliu wmtliuest of S3-in-It), ihih ticcn plugged Uacis to the tup of mo u.nun.ioni par, from a total deptli of 2,(1M le t, anil Is n 100. "unci wvn ntler Hie idiot. The Indlii'hnmn till eniimnnt'M Tin. I Clinton, In the Miiithwest or Ift-ia-IU. N iiiakliig Km barrels In the lliilelier, topi'il at 2,otl feet, ifler n tUO.qunrt Nhot. important Test Still Drilling Joe Abraham Is still drilling at below tho 3.000-foot levol In hi Im portant test In the northeast corner of tho iKirthwenl of 33-1C-3, UrU tow territory. No showing bus buen encountered as yet. The Tonkawa Dry Holes The Tninscontlnrutat Oil cum. imny'N tiauel farm t t ut tho ivuli-r of llio east lino of llio outhwet of li-.'l-iw, uiiieti got n ilot,e of tuilt inner in nut n lew icet in tne reir- lilnr wind. Is shlit down mid wll: not Mi iiriucti iniy iieeiH-r until tne rrnlrlo OH ,V (iiui comiianv test ticmiM tliu quarter section front It, unit which ivnn nbii n iltiMer In that mind. Is drilled ilea-tier. The Trans coiiUnentut well will be iihniitlnncil at this depth unlcKi tho Pnilrlo getn a (leem.-c twir. ticconllinr tu locil official of that 'coiiiKiiiy, In the Burbank Pool The Tlibil-Osagii-Conier Oil com nniiy mill (.urtlner Petroleum com pnnr Imvc n well making- (180 Imrrelrt trier h llio.qnint Miot in their M)..U n tho boiilhweht of (1.20.(1. Hiirbuuk iwxil. 'Ihn Tidal Oil coiniMiny. Mnttlunrn Stln on well No. S, In 1-20-0, la netting the cjihlng nt the top of the sand ut 2.7H.1 feet and will nrobablv drill In .Moudny. ino rnct mat tun liny County Cn coiiuviny got n dry hole In tho souttiwcM of a-go-0 In Kl 111 tho sub- IKt of tne gmitoM Interest, us It will nffect the snlo of leiihcs ixx'cm ber 12 ns iktIuiIM iinlhliii; else would (invci ilono. It Is reiMirtetl that I'm J?. undenxameil nnd i " 1 (V-flla .V 'I'll,, k.llnlw fill IX f - .... I i,m .k.7 1 ,i ....11 ' Intrualon. Production In the Dutch .KJIttVeii" :,0, B ln '0 0" thoNleclIno, . rtliwe .""' duo to virtual stoppage of now work iinnilwcKl or 2J-tn-in, Tim Dutelier i.v ., ii..-i iVutph Inlerent bo. viiiil was encountered fnim 2.U35 to ...... I,,ulc" .,-!... 2 117ft leel. '"" uiicki'ii CAtcnaifu mco, Supplg Not Equal to Demand Ily TUHCOAt N. TIM.MONH. WerM's Waahlnxtan CorrMpomlant. WAHHINflTON, Deo. 3. The good old law of supply nnd demand is npcrnting in the oil industry, or flrlals of tho Interior department hellove. In supply and demand these of. flelnls sen the reason for tho firm condition of the idl market follow. Ing tho recent prleo tidvnnces. It Is true that the demand has not been on large ns might havo been hoped for, but the supply has been even more deficient. In October, the Inst month for which tho Interior department tins official figures, tho production nf oil was 1.149,(113 bar rels lesa. than In fleptcmbcr. Octo ber production this year was 4,000, 000 barrels short of the October production of hist yenr. Consump tion In October of this year wm only 3,000.000 barrels less thnn In Ooto bor of last yenr. Or In put It In nnnfier way: Do mestic production of petroleum In tho United States In October of this year was aR.D3J.000 barrels, Con sumption of domestic nnd Imported petroleum In October of this year was 4 0,1183.000 hnrrels, i:vcri wltl 11 B7 000 barrels of oil Imporle.l. principally from Moxlco, tho stocks nf oil on hand was nnly 172,245.000 barrels. Thus nil the oil In storage In tlin ITlillnil Rlnle. nt I hla tlmn In tho United Stales nt thin time would supply tho country's normal 1 demand for only 117 dnyn. Untrles on public lands received nt the land offleo here Indlento that wlldcnttlng Is to begin with renewed vigor soon. Mow complete wnn tho cessation of drllllnt nctlvl Mcs for months Is Indicated by the fact that In October of this yenr onlv 752 producing wells were com. nleted as compared with S.OIW In October of last year Ily state the production .In Octo ber only, compared with October of last year, wns ns follows: 1921 1920 Oklahoma .... OJIS.flOO 0,437.000 Texan 7,503,000 9.27S.000 Cnllfnrnla .... 7.ftR.000 9,278,000 Ifnnsns 2,825.000 3.209.000 Iililslnna .... 1,970,000 2.HGI.OO0 Wvnmln .... 1.42,000 1,670,000 Arkansas ,,,, 1,300.000 Nothing Illinois KD0.000 872,000 KentlNjkv .... 710,400 7B9.700 W. Virginia... 028.000 73.O00 'ennsylvanla , 580,000 640.000 Ohio 571.000 078,000 Montnna 151,000 50,000 Indiana 91.000 85,600 N'ew Vork.... 77.000 82,000 Colorado 9,000 9,000 Tot. for Oct. .35.038,000 39 592,000 Interesting figures have Just been published hv tho geological survey on world oil production. These sta tlatlr show thnt Inst year the t'nlted Htntes produced 53.8 per cent of the world's total nupply of nil; Mexico, 23.5 per cent: rtussli, 3.0 ner rent: Dutch Kast Indie-, 2.5 per cent; Persia, 1.8 ner cent: India, 1.1 per cent, nnd Ttnmnnla. 1 1 per cent. Oil produced In other cgjii trles was negligible. The 1020 world production was 94.854.0OA barrMn of 42 United Plates gallons. The production wns divided among the countries an fol lows: , United Htnte 4f 3,402,000 Mexico 103.540.000 Uussla 25.429.000 iitch Kast Indies 17.529,210 Persia I 12.352.055 India 7,500.000 Rumania 7.433,144 Poland (Onllclnl.. 5.000.110 2.810,649 2.1.19.777 I'eru , . . , .Tnnnn nnd Formosa, Trinidad Argentina .,, Kgypt rtrltlsh Itomeo ..... Venezuela Krnneo (Alsaco) . . . . , nerninny Cntulad Itnlv Algeria Hngtand 2.083,037 1,605.989 1.042.000 1.011 049 456,996 ,199.700 212.046 196.937 31,180 3.916 2,909 Foreigners Seek Crude Oil Ilrltlsh, Dutch nnd French oil men hnve approached severnl of tho larger Independent oil producers In tho past week, seeking largo quanti ties of crude oil. Ono company was sr.kcd to take nn order to deliver 1.000,000 barrels of crudo at an attractive price, but as It Is strictly 11 producing com pany, without ocean transportation facilities, It could not avail Itself of tho business. This unusual Mluatlon Is taken by Iho nil trade to mean that ;oni of tho foreign refiners "nro short of crudo oil supply, which usually comen from fields such an Mexico, Dutch Kant Indies. Persia, llussla, numnnln and other countries. Bov erul lending Kuropcnu .companies havo hnd their Mexican production ronsldernbly reduced by salt water Wnll atrcet Jourhal, Refined Oil Prices Tho Standard Oil company of Now Jersey has adopted a now bnsis j ior quoting Kerosene. Tho now in Icon nro as follows: Wnter white, llaume 100 In built, 9 cents a gallon; water white In barrels, Ilniiino 160, 16 cents; water white In cases, Uaumc 160, 19i cents. Tho new pi lees represent an average reduction of ,i cent a gal lon. Wall Htnoot Journal. Standard Oil Company's Persian Concession Ilrltlsh oil circles do nbt appear to bo greatly disturbed over tho reptirt that tho Htandard Oil com puny bus been grunted as 60-year coiiccKkloim tu the north Persian fields by the Persian government, except to suv that It is a great blow to Itrltlsh fflplomacy, a Tho value, of tho fields is very uncertain, experts agree, who point out that tho area has nuvcr been explored for oil, and that tho only "cnaoil for supposing there Is oil iiii'rii in umi uii is pienuiui to toe south, whern tho output la com pletely tied up by Ilrltlsh concessions obtained in 1919. This view Is also taken by nn American expert, who says thnt the Standard Oil company's concession la larguly In tho nature of nn adventure. llohlnd tho American deal thero has been ex tensive diplomatic negotiations with objections raised by Itussla and Qrrat Hrltaln. Now York Herald, Development in Venezuela Millions of dollars uro now being Invested In developing tho great oil resources of Voneauela, according to tho Venezuelan commercial agency of Now Vork City, Tho largest oil companies J ntho United States nrc at work, and American capital Is making rapid headway In compac tion with Ilrltlsh Interests. Tho Standard OH company of Nuw Jersey has leased largo ncicoto of oll-bearlng lands from Iho Mnra - talbo Oil Kxplorntlnn compnny, nnd nctlvo drilling li now In progress, iJinun nciu ny united mates capital Include somo of tho moat promising In Venezuela. Tho most ncllvo North American companies -jiro tho West India Oil compnny, Hun Oil compnny. The Marncalbo Oil JJxplorntlan company nlono owns 1.020,000 acres In five Important fields nnd drllllni: has started. Other companies own mil - lions of ncrcs moru. The Texas compnny, Hlnclalr Exploration com pany, nnu 1110 unit on & Transport cornpnnyvnro other U, H. corporations Investigating tho possibilities of Venezuela oil. Intnddltlon, Ameri can cnpltnl holds minority lntennts In tho big Ilrltlsh fields, through tho Oenernl Asphalt company and tho Carlb Hyndlcato. Now York Commercial. To Test Southwest of Walters V, O. Ford nnd others havo made n location In tha southwest of the northeast of 3-2s-llw, Cotton county, flvo miles southwest of Walters, and will spud In within ten days. This Property Is located nhntit tbreo miles from producing wells, I10 t ,laV,n.';ver b'ctn au In ihli I V Inlty It will bo il - lied m 1 too ' fP .KUiCB, toiler nnn In mvln nu.?, 1 J t',f.U t2und it a lea.PSonihQ I "l,e" " louna 01 tt a "leplh. (Ircnola, Elk Countg, Kansas There ts n general Improvement in drilling operations In ihl vleiniiv nnd more active development Is proinlsnd for spring. Tho wolls In OHMI'MIDD, Deo. 3. Itemark tho Orcnola pool, such as thoso able producing powers of tho oil owned by tho National Iteflnlng , sands of the Okmulgeo district nre company, nro holding up good, In 1 shown In the Icnsn of tho Anglo fact, nro reported m hnvlng In- Texan Oil company In tho southeast creased 11 production during tho but of the southwest of 30-15-11, n nevcn lW'riW."i'.,i,,i. , . Nnd ono-half acre tract for which Tho Dcltrlrh iet on the ftlnbnra . rt- 1.1 n. nt we. nf 5.i I 1. .L, ..J ; to spud. It Is In wildcat territory nnd betwoen Urcnola and the Hush Denton field, north of tlronola. Tho Producers A Iloflncrs cor poration te.t on tho Dovo farm in tho southeast of 26-30-3, northeast 1. .1,1111.,,. .' 1 1,. 1 . or urenom, is after finishing tr n ,i'i .1.111. to 2,010 feet. On this test u. Mr Thayer of Tulsa la working and Is assisted by his two boys, ono of" wnom is drilling and tho other Is dreralng tools, All nro working on tho well, which Is being put down In record time. Tho Livingston test on the Fergu son farm in 23-30-8 has bean having trouble with a loot string of toots nt about 1.200 feet. It Is now being unilerreamed nt tho top of tho tools and wilt likely be drilling ngnln within a few days. This well Is near tho Kerguson Ac Ulayrnan's 15.000,-000-foot gasaer northwest nf town. urcnoin is ocing maun neaaquar 11 "y ln " mon:Mnf , 1 " no ,any means." said Thomas A. O'Don ,l?uia "om, Wlc.,lta " T,uL,a- nell, president of the American Te and ttupplles can be gotten quickly. tr0m institute. In ,n atatcment mt n n J" ? t f 1 Issued today, "but I believe Industrial JlChCr Dope I' tfn NCW I ork i recovery will bo tho koynoto of the Now York-Tldewater Oil company I Institute's annual meeting at Chi declared quarterly 2 per cent dlvl-rnBo, December 6 to 8. Hvents of uenu, pnyauin uocemuor 30; stock record December 20. Denver save: Tho Western Oil Fields corporation, of which Gov ernor Hhoup of Colorado in presi dent, has given out following Infor mation: In tho Haynesvlllo pool of Arknnsasr whoro tho company aas 100 provon acres, tho Humble Oil tc Keflnlng Co. In reported to have completed n 2,000-batrel gusher on a tract adjoining tho Western Oil Fields corporation properties. This has rieccjaltnted the starting of another well on this lca.e, In addi tion to tho ono already drilling. In iho Mexla fields, wheVo tho com pany has met with such sensational miccc.13, having disposed of ono well and a 40-acro tract for a sum nt 11,000,000 to tho Magnolia Petroleum company. Governor Hhoup has au thorized , tho drilling of another well In addition to the four already drilling. 1 Tho Hedbank Oil company has completed n 1,000-barrol well In the catfish structure of Oklahoma, where tho company has 620 acres, passed upon by tho company geol ogist. F. Julius Fohn. Originally tho woll was producing 100 barrels per nay from tho top or tno sand and It wna drilled deeper and shot with aliovo results. Interest In this city Identified with Transcontinental Oil declared this concern hnd no Intention of going Into audi a merger. It was further stated that the company is negotiating a deal with ono of tno Standard Oil companies covering Its Columbia acreage. An announcement mny bo tnado within tho next few day. It Is reported that a banking group has bought from the Puro OH com pany an Issue of 8 per cent cumula tive convertible preferred stock. A public offering ut tho Issue probably will bo madu early next week. In the Continental Pool at Dristow , ! The' Continental OH company's No. 1 well In 27-10-0, Continental pool, Iin.s Im'CH ilecponctl two feet. Increnslng It's production from r3( hnrrels to 000 barrela mt day. KJght or ten uell.H nrc. to Is: drilled In In this Important imol lids ircV, nnd It, Is rapidly becoming Ihc center of Interest In this district. The Con tlueiitnl Oil coiiiMiny'H No, 2 nnd 3 on this tract will get the pay within the neit two or three, days. Tho Tldnl till company, .Matthews A Htliihou test In the southeast of 2S.lil.ll, Is now estimated nt UOD to 1,000 barrels per day, Snnd wit tyiund from 2,012 to 2.038 feet. The CjINCE the first policy yas written in 1876 no prop er erty owners anywhere in the United States has ever lost a dollar on property covered by Title Insurance. All important real estate transactions require Guaran teed Titles, and all transactions are important to those interested. Title Insurance Guarantees. Osage 8100 I flrpsy 0(J,rnmnnny li drilling lulu , tho Dutelier nnml Kslny on Its lest In the soutlienst corner of tliu nortlieiistxif 2H-I0.U. The. Knrtnln well 011 tlir fates rnrm production of tho mnjor districts nt In llio soutliurst corner of the south- present with the production a yeai east of 21.10.0, Is n SOO.barrcl pro- , ago. Tho dally avcrago production iliio r. This is the original well In j of all 17. H. fields la now thin section. K111110 company's No. 1,327,880 barrols, compared with 1. 2. In drilling through, tho Hnrtles- 30J.63S barrels a vear ago. The lllei, t hcr they iilekM tip n nice I nhoulinr tliu middle of the week, but 'are drilling on to the Dull her snnd, where tlin bin nrodtictlou is found. Tho dinar Oil (oniiimir Is nlso. nt tho top of the Dutelier Mind III lb lest offsetting the Curtain well, nml located In tho iiortlmest corner of tliu northeast of Ilia southeast of 28.IO.tf. J. S. Gantz Is Dead J. H. Oantz. president of the OanU Tank Manufacturing compnny of IHapulpa, and one of the boat known and be loved of oil men, passed nwny yesterday morning In a Ht, Iouls hoapltal, where ha has been under treatment for stomach trouble. Tho news of his sudden death; comes as n shock to tho host of Texas Is producing only 28,126 bar oil men who knew him, and that I rcls more than It was a year ago lie will bo sadly missed by Tulsa) 'These examples nrc eloquent of nnd Knpulpa members of tho oil frn- the Irnportnnt part that so-called tirnlty If. witnout question. ins son, K. c Oantz, residing at pulpa, Is tho nearest relative to mourn his untimely death. Ha left llcst Little Lease in the Okmulgee District 1 finrtai m Th. wnrM. J 600,000 In the early part of 1320 This lease haa nlrendy paid for It self and tho No. 3 well on It Is now producing 800 barrels dally after a clranlng out which started on Or tnber 8 and has Just been completed Thin lease was' bought by tho Anglo- Texas from John JI. Heboid, j A. J 1 Peters and Mooro &. Ilcynolds. nnd 1,10 I'rico paiu wan inn nignesi on record per ncro In tho Okmulgee, district. Most or tho production on the lenso Is from the Dutcher sand nt 2,050 to 2,580 feet. Tho seven and one-half acre tract is offset on nearly nil sides by producing wells which npparently have been unable to drain the great reservoir of nil In tho sand. llclleccs Petroleum Industry on Upturn NKW YORK. Dec. 3. "Tho oil industry Is not nut of the woods by the Inst month or so havo Justified tho conclusion that the petroleum I n 1 1 aifv la nv (Vim iinlttrn nft n on' profound depression. Nevertheless thrsn nro nbnormnl times when Indl vldunl viewpoints ns to tho many problems confronting the petroleum Industry should be heard and studied. In my talks with oil men recently i nave lu-nru many uuniuui Ing opinions respecting the actual arrival of nn Improvement In con ditlons and tho extent of tho upturn to bo expected. My personal view Is that tho sltuntlnn has tiubstantlnlly Improved an dthal, whllo tho equi librium between supply nnd demand mny tcmpornrlly be disturbed dur ing the winter months, tho telling need for petroleum products In the spring will signalize the beginning of n real revival. "Tho past year has had the usual crop of oil production surprises. Darly In tho year, when a draetlc curtailment of flold operations be gan thero was scarcely anyone who would havn predicted anything but a marked decline In crude oil pro ductlon. Tho number of producing , oil wells completed during the flrst to months of this yenr wnq 12,527,1 an compared with 20,141 for the same period of last year, n desllue or 39 ner cent, isevertnc ess. nur production totaled 3C0.22p,000 bar- t f'M'e don't know the worth haMn,! It,, H! 5 Put It 'I'lilUtril' a will II ml it." H We Will Buy 411.AI1Y8 IlKT.I.r llAHVKY (ill, lirMrllltIK. MKX1 III'MPUIIIKH l'hTltOI.El'M HI'MIMIKIKH TK.VAS INVAIII'.U Oil. KI.NOWOOD Oil. We Will Sell Attn. t.He In 111.0(1 Kilmnnda oil A Iter. ., (Ilu.lja Ilelte, coin (ilnilja llrllr, pfd Ilnrrr Oil Invnder Oil r. Jnltnann Oil w i KlnitwiMNl Oil, roin. ,;, l.rona Pet Meridian ret Tiilsa Securities Company CEDAR 31J ttl.JH CKNTUAI. NATIONAL HANK HI.DO. Title Guarantee & Trust Co. rein, as ngalnat 385,742.000 barrels during tho corresponding period lut year, an Increase of 7 tier cent "It Is Interesting to compare the , north Louisiana and Arknnsas uls- trlct Is producing 113,800 barrels, ngatnst 84, 1C0 barrels last year, and central Texas la producing 1C4.S30 barrels, against 136,375 barrels a year ngo. "At this time a year ago tho Dl Dorado field In Arkansas wan not In tho producing column. Today It Is producing 46,100 barrels, myites vllle, La today credited with 22, 950 barrels, was not producing a year ago. Hero la a total of 6J.O50 barrols added to north Louisiana Arkansaa production and still tho district Is producing only 29.C40 barrels more than It was a yeor ngo. "In contra! Texas we now havs Iho wonderful Mexla pool, which was undiscovered a year ago. 1- la mak- Ing 78.800 barrels, nnd yet Central ; nimh production plays In tho ability of tho petroleum Industry to inett requirements. Oreat new puola are constantly required If production la to kcop pace with demand, nnd yet tho mere fact of the finding of these new pools always cirrlt-n a threat of overproduction nnd pros tration In this aonsltlvo Industry." CONTINUED ON NEXT PACK With the Oil Men Jake Mullcndlck, who Is about the only operator In this field who uses an airplane. Is In tho city, having mado tho Jump from Okirjulgco ut noon yesterday, and came la stiff with cold. "It waa nlco nnd warm when I loft Okmulgee, but I wna very cold when I got up In the clouds, and 1 am going to stay In Tulsa until this storm Is over, and will then hop down to Mexla," said Mr. Mullcndlck. Judge Marry of the Texolcum Oil compnny, nnd Mrs. Mnrcy left for Buffalo, N. V via St. Louis last night, after a delightful visit with their son at Ilrlstow. Tho young man Is drilling a well northeast of Okmulgee, and Is said lo bo playing "creekology." which Is ccrtnlnly the right dope down that way. He Ib takirfg to the oil business Hko an old timer. Mnrk Dunlgan. who drilled the! Number Ono Oil company well nt Wyonona, for an Interest, Is in tne city and la receiving the oongrntula Hons of his numerous frlejifls on his good luck. Tho well started ni. mtlo better than 100 barrels, nnd Mr Dunlgan has 7-16 Interest In the . . i tun n'i..,t ulilrh rnnslsts nf 120 acres, Tho No. 1 on this lease is a gas well, and will now bo cleaned out and drlllled deeper for oil, aB the gas has about played out. B. J. Freeman, vice president of the Acmo Petroleum corporation. ' wtt )aat nBnl tor a trn through the south, Including stops at nicmpnis. Tennesseu; Birmingham, Ala., and Atlanta, Ga on his wny to Chlcngo, whrro ho will nttend the convention of the Amerlcnn Petroleum Institute Deccmler 6, 7 n,nd 8. J. 13. Jones of Muskogee. In charge of the marketing division of tho In vudrTS OH corporation, spent yester day In Tulsa, In tho interests of 1322 business, and incidentally visiting his old friend, A. T. Smith, head of tho sales department of the Acme Petroleum corporation. CADILLAC OWNERS -Ft.tr.iiT AiMt'sntr.NTrf rnv.K I have bean with the Oaittllac Motor Co. at lictrolt aavan yara. llflna your eara to ma foi repalrlni in4 nave time and upenke. tlOt South ftlca Oauc C8H-K MKttiniAN rnTnot.ijtJM NOIlt.K OH, S. .AS OWKNWOOI) Oil, . IIKII HANK OH, M-.AMANH Oil. Tl'IIMAN Oil, WH.tO.V Oil. il OAS I ft 1.00 Neble Oil 4 Oat, rom 16 Noble Oil X Una, pfd 41 .30 Owenwnod Oil IS M Ited Ikink Oil 30 .09 Itojalty A Producers to at Tunimn Oil , 73 .t5 r, S, Compreaalon 33.00 tfil M'ealrrn Oil Flelda is ,00 M'ralern Sl.tea 4 ,13 ttllcoa Olt & One . , 3.10 K. li TA1.MAN, Mniiaaer Tulsa, Oklahoma WITH THE LIVE ONES IN THE REFINING BUSINESS 0WENW00D OIL nnrunntin nllltnlun INVADER OIL BARUSDALL REFINING COMPANY Etecutlr. Ofri?. T.nlh Floor V.irolaum Olfl. Tula.. Phon. O..,. ID1I Itatlnery fllftiaaft. Okl. OJL STATE REFINING COMPANY KNitl. OKLAHOMA Utah Oritde Tetrolaum Products rrom Oarbaa Cruda W. II.sBARBER COMPANY GENER'ALV REFINING COMPANY TULA A sftitm j a : -, r cas5iflNj;& company ; lilnH otAnn rtrrnot.Kt'M rnooucTS , f TULSA. .OKLAHOMA ACME (PETROLEUM COMPANY rwi..i-A nrful, IA ItANSAR rTT OKr'tCA tiTtJLSA 1(1 Barurtir nide. I PUI.1 A'co KUEL OILOAaOtlPKnilOSBNU, NAPHTHA. OASOLINB PRODUCERS & r,.AM--fl anil TAnco'" pnTnoLBUM rnoDUCTS K'cw Flrit National Hank Dulldlnx SAPULPA REFINING COMPANY rhnnaa Oaage 708. rtl MANUFAcrunr.rtH pbtholeum rnoDUCT? sales dept. Ill New Flrit National Hank Hide, 0 EMPIRE REFINERIES, INCORPORATED Refineries Located at Okmulaee. Oklahoma City, Cuahlnf. Tone. Cltr, Okli, OalnearlUe Teiaa dalea Office rhone. 70l 4I Unltr Dlda.. Tulaa, Okla. CHESTNUT & SMITH CORPORATION Manufacturer! C.tlnchead. Abiorptlon and Blended Oaaollna Winno Oaaga 1220 Tulaa, Oklahoma I a LIVINGSTON REFINERS CORPORATION prtnnucnua nEFtNKn MAitKKTnns ALL moDUCTS OF PETIIOLEUM rianerat Offleea! TULSA, ' OKLA. Alt Phone.! OSAOB II COLEMAN-NELSON CORPORATION MAN'UKACTUnCnS OK RTRAtGIlT UUM OASOUNK. Central Offlced 10S Fouth Chcycnnt Street Phone Oatre 7401 ROXANA PETROLEUM CORPORATION rnoDUCisna and nnFi.NEiis St. Louts. Mo, Arcada IlMr. Tula.. Okla., Moro Dldl Chlcaao, III., Continental Commercial Bank nidx. SCHAFFER OIL & REFINING COMPANY PHODUCEns AND IIEF1NET13 Produclna and tnd Dept. Sales Drpt. 101 Kennedy Bide. Tulaa. 203 South L. Salle SU, Ch'.caro THE PURE OIL COMPANY REFlNEItS AT CUSH1NO AND AllDMOItB NORTH AMERICAN CAR COMPANY TANK CAHS LEASED, rtEPAtHEn AND REBUILT C1F.O. F. lintnilAM, Dlatrlct Manager, 1011 Danlela Hide, Tulaa. Worki: Coffeyvllle, Kan. Telephone 1110 ,1 OASOLINE WITH THE. PEP' CHAS. F. NOBLE OIL & GAS CO. Producera and Refiners ot Crude Oil and Manufacturer! Caatnchead Oaaollna Main Office, Tulaa, Okla. EXPORT OIL CORPORATION, (Inc.) Flrat National Bank l!ld.. Tulaa. Okla. Local Telephone.' Oaaae,T21l Lome Dlatawe, I, D. No. lei ' PURCHASERS OF LI. PETIIOLEUM PRODUCTS FOR EXTORT Salea Office., , NEW YORK NO. 21 BROADWAY PARIS CONTINENTAL HOTEL Esporl Teruilnala at Arondale, New Orloana. La. OKLAHOMA PRODUCING & REFINING CORP. OF AMERICA PETItOLKUM AND ITS PRODUCTS Salea and General Office.; O. P. & R. UullJIng SINCLAIR CRUDE OIL PURCHASING CO. SINCLAIR BUILD1NO TULSA, OKLAHOMA CONSTANTIN General Offlcee, Tenth REFINERIES: TULSA, DKVOL IMPERIAL REFINING COMPANY PETROLEUM AND General orricea' ru worm, iaaa THE MARLAND REFINING COMPANY RBFINKRH OF limit ORADE CRUDE " I'ONCA CITY, OKLA. J. F. CAMPION OILS ritOMPT 107101. 601 COSDEN BLDO. HIGHWAY OIL REFINING CORPORATION HIGHWAY PRODUCTS RAW CASINOltEAO AND CASINOHEAD BLENDS We 6-11 Only Ouarantaed Gaaotlna ot Our Own Manufacture From Our Nina Oklahoma-Planta , , OSAOU lltl, U D. 121 ' 201.11 LYNCH BLDO., TUIJA TRANSCONTINENTAL OIL CO. PRODUCERS REFINERS NEW WRIGHT 11LDQ. Tin.qA. Olfl.A. MARATHON MOTOR OIL KANSAS & GULF COMPANY PRODUCERS. S'SS&J&i, MAKKTEtlS ' Pat I oleum Budidlnt Talejghona Oaaca 1010 Tulaa. Okla GENERAL AMERICAN TANK CAR CORPORATION B. J. SHArtPE amd U. T. lHMttK, llt.ld.nt Aceuu. CORPORATION roilT,Ulini, Tf.KAS nr CORPORATION aitcAoo Rnuth Itlehlran Avanua OKKICB: I) ALLAH, TEXAS SOD lloc'r mil. REFINERS CORP. naflnara nf TULSA. OKLAHOMA Tulaa, Oklahoma REFINING CO. Floor Flr.t National Bank ntd(. rilONE OSAGE !: ITS TRODUCTS H Iianneryt Ardmo oaia- HEHVICB PHONE lll MARKETERS MARATHON GASOLINE Thofte lit J 4. I