Casper Daily Tribune Newspaper, May 20, 1922, Page 8

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PAGE EIGHT MARKET GOSSIP AND FIELD NEWS ° ° ° ° - ° ° ° With plans being laid for wholesale development of its various projects in this district the E. T. Williams Oil com- pany, which recently transferred its headquarters from Den- ver to Casper, is now ready to launch its work on wholésale proportions. The first undertaking of the company will be to bring its WEIK TONY plus oil. At this time the Williams company is keeping three drilling outfits bus: Prices Break After Bullish Opening and Net Loss Is on its various leases comprixing 560 ked Up. acres in the Salt Creek field. A weil on section 19-3978 is casing off the first Wall Creek sand while another well on section 22-40-78 will be com- pleted in a few days. A new well will be started on section 10-39-79 within a few days, the rizging up process be- ing about completed at this ame. From the wells which the Willams company has completed the daily pro- duction is 3,580 barrels of which 1,432 barrels is being sold to the idwest Refining compan: under the 40 per ent pro rata basis. In addition to tts Reports that w crops in the favorable as ex wheat market a rath-|other developments the Williams and here today. , The rain-| Columbine oil company own a 38 per have been insufficient}cent undivided interest in the eas six weeks in certair of se 79 which is being country. T y] Perated by the Ohio Of company. er light, but the "m Details of the recent transfer of the a rather firm undertone] Strawn Petroleu with moderate buying by commission | ¢ 8 company te houses, and short covering. The May Hines, Martin McGrat delivery, which bréke at the start soon recovered its loss on scattered buying but the bulk of the trade, which was of aocal character, was in the new Crites was anounced by Mr, ams yesterday. The necessity for centralizi cor agement of the com crop deliveries. ny at Casper would place a burden was estimated that arrtvals here] on the concern if an attempt was made were 225 cars, while the deliv operate the S ies. Ss on May contracts were reported in view the Williams com as 430,000 bushels of wHeat he n company to t M started Ke to 1%c lower at men for 000 shares of Wi $1.38% to $1.39 while the deferred de company ek which they hel liveries varied from unchanged to %c] Under th s up with July $1.25% to $1.25%. The market underwknt glight gains all around, then experienced somewhat of a@ setback. The Maw delivery continued under lines, McGra: rom the Williams iines was elected vice président McGrath pr an anager and secretary-tri urer of th: pressure and broke sharply toward the | Strawn company. finish with the other deliveries moving] The Strawn Petroleum company in sympathy. Thé close was wenk % to 4%c net Jower with May $1 to $1.36 and July $1.23% to $1.23%. Corn and osts were dul! but some holds 840 acres of oil land in Steph ns county Texas and derives a daily production f 220 barrels from rine pro- 1s what firmer due more to lack of 7 the stock was transfer sure than anything else. The senti-| rom the former directors to the trea ment is generally rather bearish ry the stock lists of f company rep. “ssented less than half of the $5,000 000 capital of the company. the marketS are regarded as oversol in come quhrters. After starting u changed to % higher, with July 64%, to 64%, the corn market scored slight gains, then suffered a slight reaction Later the o@rn market rallied some what on reports that rains were need. ed in parts of the corn belt and closed firm with values averaging % to %c], net higher, with July 64% to 64%c. Marine Earnings Increase. The Marine Ot! company despi fact that pro r st in the Sa ts stride of ix © first quarte: nsued this week Osts varied from changed fig-lo¢ the company was nes $38,000. ures to \@@%c higher at the start | sor the first with July 39%4c to 39%@"\c, and then eased off. Provisions were higher tn line with higher values for hogs. Closing Quotations. of the company exceeded $10,000 dur- ng the month of April. With expenses for the first quarter just a little over $10,000 the company reports an earning of over $26,000 net for the period. Open. High. Low. Close. WHEAT— Glenrock Meeting Today. MAY =) ~ AM LON EMMISEA | cre anaeshache to eemsnceret aa 1 va9g Vie« rise 118% | the Glenrock Oi1 company which will vests ea ? be held im Cheyenne today. L. F. Mc- : ; 3 Mahon, treasurer and I. N. Clay a ee Ae ire yen Gat “east | Member of the board left last night mat. a idtera 66% 66% .66% | {© Attend the conference and will meet eee A ee eee 7 Robert G. Taylor, the president in the . city this morning. a He Bos sigh te announcements as to the “40% "41 “40mg 140% | PUTPOSE of the meeting are lacking but 2 ? "it is understood that a proposal of 23.29 |Denefit to the concern will be Gonsid- , ered at the Cheyenno meeting. It is P A 7 |Probabie that the three men will go to 11.50 Aas ae re | Washington following the conference x ae “ \in Cheyenne. 12.00 12.00 12.00 | --- 11.90 11.90 11.85 11.85 | Midwest Officials on Trip. a vei | Henry M. Blackmer, president of the CHICAGO, May 20.—Butter Jower;|Midwest Refining company, Jack| creamery extras 34c; firsts 30%@|Clark, vice president and R. ‘S. Elli- json, vice president left yesterday for the Salt Creek field on a detailed in- spection tour. Messrs. Blackmer and| Clark arrived here yesterday morning from their headquarters in Denver. It is probable that they will spend sever- jal days in Casper on company busi- ness. Livestock Mart | Polish Forces Are Reduced 33%4c; seconds 28@2%c; standards 34c. s higher; receipts $33,145 cases; ; ordinary firsts 22@| miscellaneous 23@23@; storage tras 26%¢; storage packed Poultry alive, lower; fowls ; roosters 14%c. Omaha Quotations. OMA New York Stocks Associated Press Leased | LAST SALES Allied Chemical & Dye . Allis Coalmers Car and Fi - Hide & Leather pfd.’: International Corp . Locomouvi Smeiting & Refg. Sugar . ‘ American American American American American American Anaconda @. and T. ‘Tobacco Woolen Atl If a Baldwin Locomotive Baltimore and Ohio Bethlehem Steel “B™ ‘anadian Pacific Tentral Leather chandler Motors eneral Asphalt eneral Ei General Motors Goodrich Co. ... r Northern, Unois Central spiration Copper < ternational Harvester Int. Mer Marine pfd . International Paper Invincdle ¢ Chats Kelly Springfield Tire Kennecott Copper Louisville and Nashville Mexican Petroleum Miami Copper . States Oil Steel . Pacific York Central! .. N. H., and Hartford folk and Western hern Pacific choma Pod. an Oi Seat merican Petroleum pid. ©, Gilicctaa bs vee ousolidated Copper Iron and St Duteh , 2 Roebuck air Con. Oil tn Pacific thern Railway ».... ndard Oil of N. J. lebaker Corporation » Copper ; k 101% at Northern 41% ot ARE a OILS BUOYANT INSTOCK MART Rails Feature Trading and Lead Other Issues to Higher Levels. NEW YORK, May 20.—Rails led today’s brief but active stock market to higher levels. Coalers, transcon- tinentals, grangers and New Haven were 1 to 3 points higher. Oils also were favored, some of the foreign groups, as well as Sinclair, Producers and Refiners, Standard Oil of Califor- nia and Texas Gulf and Sulphur ris- ing 1 to 2% points. Sugars enhanced .recent gains by 1 to 2 points and automobile issues were prominent with further heavy accum- ulation of General Motors. Independ- velopments in connection with merger ft plans, Midvale falling points. “Tex- tiles and metals improved but tobac- cos were reactionary. The closing was strong. Sales approximated 800,000 shares, NEW YORK, May 20.—Rails, oils) jand steels featured the further ad-| |vance of prices in the stock market | |at the opening of today’s brief session, | jnew high records being established by / | United States Steel and New Haven.| A, Neb. May 20.—(United reau of Markets)—Hogs re ,000; market active, mostly| , States E NEW YORK, May 20.—The Polish ceipts 3 rmies hms been reduced to 240,000 10c higher, top $10.60; bulk of sales|men, but the maximum peace $10.30@$10.60 strength will be 250,000, Michael _Kwa- Cattle receipts $75; compared with | niszewski, Polish charge d'affaires Week ago: beef steers 25@35e lower;| said today in an address before the she stock 10@15c lower; medium cows| american-Polish chamber of com- off most; bulls fully 25¢ lower; veals| merce. 25@50c higher; stockers and feeders| | “According to official advices the @40c low |Soviet government has an army of Sheep receipts 500; compared with! over 1,500,000,” he said. “The tax col- week ago: lambs $1@$1.50 lower. sheep jecting machinery in Poland is be- and yearlings 75c@$1 lower; feeders;ing improved and expenditures are 50@75e lower. |being cut heavily, the speaker re- —i BE ported. Chicago Prices. Poland, he said, wants to be peace- CHICAGO, May 20.—(United States|tul but must guard against aggres- Bureau of Markets)—Cattle receipts! sion. 500; compared with week ago: Beef/ally by the Upper Silesian decision steers 10 @lISc higher; she stock|on her own boundary. mostly steady; canners weak. bulls 15{ Se = to 25¢ lower; veal calves unevently| PAPER MILLS RESUME. to 50c ther; choice calves up| INTERNATIONAL FALLS, Minn., most; stockers and feeders dull, weak|May 20.—One thousand men were lower; top beef steers for week|back at work in the paper mills here week's bulk prices beef steers|and at Fort Francis, Ont., Friday the @8.60; stockers and feeders $7.00|strike called Monday having been @7.75; meaty feeders $8.00@8.50; | settled. butcher she stock $5.90@7.15; canners| and cutters $3.90@4 veal calves $9.00@9.75 closing top spring lambs $15.00; feed- Hogs receipts 8,000. market steady ers around $12.25; bulk shorn lambs to strong with Friday's average; qual-|$1150@12.50; bulk fat ewes $5.00@ ity considered; spots 5 to 10c higher;|7.00. extreme heavies down to $4.00. top $11.00; bulk $10.50@10.95; shippers| took about 1,400. holdovers light; pigs strong, mostly $9.50@10.00; packing sows weak 10 to 15¢ lower. Sheep recefpts 3,500; five doubles] @8.25. cows and heifers $5.50@9.90; choice $0 and 8 pound shorn lambs|calves $9.00@11.50: stockers and feed- $12.75@13.00; sheep and spring lambs|ers 6.00@7.25. quoted firm; compared week ago, ted| Hogs receipts 263; market 10 high- lambs and fat sheep mostly 75¢ to $1|er; top $10.40; bulk $10.05@10.35 lower; spring lambs 50 to 75c lower.| Sheep receipts none; unchanged. feeder ends and culls 25 to 50c lower;|lambs $12.00@13.00; eweo $7.00@8.50. Denver Prices. DENVER, Colo., May 20.—Cattle re- Shewis determined to abide loy-| ceipts 1,800; steady; beof steers $7.50! The one conspicuous exception to the | upward trend was Republic Iron and |Steel which fell 4% points. Other in- idependent steels were not adersely af- {fected by the withdrawal of Youngs- town Sheet and Tube from the pro- posed six company merger. Among rails, Delaware, Lackawanna and| Western soon added 3 points to yes-| terday’s advance and Canadian Pa- cific gained 1%, Mexican Petroleum rose 2% points and the leading motorstention to the storing for winter de- ent steels were irregular on latest de-|and trust companies for the week show Oil Securities Furnished by Taylor and Clay Bessemer . Big Imean Boston Wyoming -. Buck Creek Burker .. tuack Tail... Blackstone Sait Chappell .. Columbine - Consolidated Ro; Lapitol Pete Cow Gulch Jupiter Coastal sunney * tance Creek Royalty . Lusk Royalty Presto Northwest Mike Henry atountain and Outwest Five Tribes Pet. Co. Picardy ... Riverton Refx. . Royalty and Producers Sunset ......... fom Bell Royalty . Western Exploratio: Wind River Refg. . United Paste - WyoKans Western Ol Fields Western States A Eee” NEW YORK Producers ‘ 19 nm CLOSING -$ 16.27 $ 16.50 13.00 13.26 12 . 18. 13.37 Mountain Merritt ... enrock Oil Salt Creek Pras, salt, Creek Cons. rod. and Refrs. 8:00 Marine 1.37 Mutual ....... 9.62 O. Indiana . 106.75 es Service Com .. 230.00 LIBERTE BOND re $ 09.6 irst 4g. 99.5 cond 4s 99.5 irst 4% 89.7 Second 4%s 99.6. Third 4%s 992 Fourth 4%s soe 998 s+ 100.7 ictory 4%s . ! | | Crude Market Ek Basin Lance Creel milton Dome River Muddy Creek e ct ir accessories, as well as sug cals und metals continued hen xty da Is on banks 4.42 rance, demand, 9.05 cables 9.06 Italy, demand 6.11; cables 5.11%. Belgium, demend 8.31; cables, 8.311% Germany, demand, .32%; cables ts Holland, demand, 38.79; cables, 38.84 Norway. demand 18.45. weden, demand 25.70. Denmark, demand 21.30. Switzerland, demand 19.06. Spain, demand 15.82. Greece, demand, 4.17. Poland, demand .0214. Czecho-Slovakia, demand 1.90. Argentine, demand 36.62. Brazil, demand 13.87. Montreal, 99 13-16. — - Metals. — 2--- = NEW YORK May 20.—Copper has shown continued firmness during the past week with today’s quotations for electrolytic ranging from 13 to 13%c for nearby metal and up to 13%c for forward deliveries. It is ‘reported that some of the larger interests have no metal for sale below 13%c. Iron firm. Bank Reserves Decrease. NEW YORK, May 20.—The actual ‘condition of the clearing house banks that they hold $5,521,450 in excess of legal requirements. This is a decrease of $31,384,030 from alst week. Silver. NEW YORK, May 20.—Foreign bar silver 73%c; Mexican dollars 6c. London Money. LONDON, May 20.—Bar silver 37%4 per ounce. Money 1% per cent. Dis: count rates, short and three months bills 2% per cent. eo BUTTER BEING STORED, GOOD PRIGES PREVAIL CHICAGO, May 20.—Full grass butter is appearing on \e market and LIBERAL RECEIPTS KEEP GRAIN PRICES DOWN FOR LAST WEEK | CHICAGO, May 20.—Except during a temporary stimulus to buying which resulted from the supreme court upset of the Capper-Tincher act, the price of wheat this week has headed chiefly down grade. |Chiéago, acted as a weight on ,a week ago, wheat this morning was 5lgc lower to 4c ad- vance, corn unchanged to % to %c off, oats %c down to a shade advance, and provisions up 12 cents to 72 cents. | Moves to have a settlement of May jwheat contracts here arranged on a |basis no higher than the current value jof the grain general domestic and for- |eign trade had apparently considerable jto do with discouraging bullish senti- ment and with promoting wheat ship- ments to all markets but especially to Church from Towa, Illinois and Indi- jana. As a result, the May deliveries |here was relatively much weaker as a |rule than was the case with the new crop months. Reports of slowing down of foreign demand acted as a bearish factor, and so too did pre- Liberal receipts, especially in the market. Compared with vailing cool, wet weather. Besides, there were enlarged estimated current regarding the Argentine exportable supply and the probable yield in Kan-| sas. Crop scare possibilities were respon- sible in the main for the relative strength of the July and September deliveries of wheat, September on one occasion touching a new high price record for the season. Unfavorable conditions for planting and germination of corn gave compara- tive steadiness to the market for corn and oats. Provision prices went up in line with hogs despite accumulating stock of lard here. be Casper Daily Crihune ROESEA PETROLEUM IS READY 10 Seven Thousand Acre Lease in Anderson County FORT WORTH, Texas, May 20.—W. H. Roeser of th Roeser Petroleum announced that the tools are on the groun: and that if the weather will permit, drilling will begin next week. The derrick has been up several days. All this activity is taking place down in Anderson county on Mr. Roeser’s 7,000-acre Montalba Salt Dome lease. Roeser has great confidence in the almost identical with those ot salt dome area of the state, and his deep test has created widespread inter- est throughout the oll section. Many geologists say that the structural fea-| tures of the Montalba salt dome are| demand has been considerably retard-|forgotten. Altogether, he has 200 ed. Cold, disagreeable weather, has| producing wells to his credit. If the prevented the rapid increase in pro-|Montalba Salt Dome does half Mr. Juction. week was sold quite readily and at the Glen Pool field. imes was scarce. Centralized only) at times showed any accumulation and! the markets nearly all week were firm. | Recetpts for the four large markets since January 1 were approximately 440,000 tubs larger than laat year and storage holdings January 1 was six million tubs heavier than last year. START DRILLING ON TEXAS WELL Be Scene .of Operations Which May Opening oz Another Giant Pool Mean 4 few years ago the Lucag came in 00 barrel producer. { |Okla., at Glen Pool will net soon be Fancy butter, nearly all|Roeser expects of it, it will surpass Much of the acreage in the vicinity of the Montalba Dome, is held by the big companies. The Texas company owns 15,000 acres on the Blair Salt Dome. Tho Cosden Oil & Gas company recently purchased 66 acres of the Montalba Dome for which they paid | $4,934.25. Everyone Believes Witt Will Win Why shouldn’t I win, with 2,600 acres of Oil Leases in two Proven Fields, capitalized at but $8,000. I have been in Texas since 1881. I know the Oil game. I have watched it from its birth. I know how the big money has always been made, and I am playing: it to win. With some, of the best acreage in the Lone Star State in this Syndicote, I am waiting for the big contpanies to prove it up. Then I expect to sell and reap Millions for myself and Unit holders. * i: seen acreage sell for $1.00 per acre that later sold for $5,000 per acre. This is liable to happen to our acreage any day. and when it does I and my associates are rich. This is happening to thousands of people in the Texas Oil Fields. The Big Money always comes from the leases. How Hog. Creek Carruth pay $10,135.00 for one each $100 invested with him? Not from the well he brought in, but the larce screvro he held. I know this to be a fact, as I was there at the time. 40 Acres ¢ x’a Field—2,560 Acres in Fort Stockton Oil Field. The offset well to our 40 acres is Drilling day and night, and it will be but few days until it will reach the pay sand, and over night this 40 acres may be worth 40 for 1. And if it is worth a Million Dollars, os belongs to the Witt Lease Syndi- cate. We hold the lease to it, h iJ seas when this happens, we still own 2.560 promising acres in Pecos county, the Ft. Stockton Field. Several wells under Drilling way and many more getting ready to start®Drilling. Several wells near enough to our holdings to prove them for us and make them worth Hundreds of Thousands of Dollars to the Syndicate. The Fort Stockton Field, as many of you know, is the home of the greatest shallow wells in Texas. Our 2.560 acres is due south of these shallow wells. And on one of the largest Oil ctures in Texas. SF oi ecealing with parties to Drill this 2.560-acre Block, and if I am successful in getting it Drilled, as I feel sure I will be, and we get the Oil that scores of the Leading Geologists claim underlies this part of the Field, this Syndicate will be worth Millions of Dollars, and every Unitholder in it will become rich. Latest News From the Field just ‘left the office of my Friend that is Drilling the offeet Dai our 40 acres. He tells me the Favors well is on the sand, and hauling in 3,000 feet of 6%-inch casing to set in the well. The Manager of the Favors well tells him he is very positive of getting a 2,000-Bbl. well when completed. This well is just on the extreme north end of this big structure which is nine miles long and seven miles wide. If the Favors well makes a 2-000-Bbl. well and jast on the edge of the Structure the offset well, which is on the widest part of this structure, and , near the middle of it, should mene 5,000 to 10,000 Bbis. per , this practically proves our acres. _ ‘ COT fa the opinion of every ane familiar with this part of the Field that there will be a larger pool of Oil uncovered here than was in the Mexia Pool proper, as the structure is many times larger. Friends, I have given you these facts just as I got them, and they are authentic. I have always believed this 40 acres was going to make Thousands of Dollars for this Syndicate, and I am more than ever convinced of the fact today. That we will make many thousands of dollars for myself and associates in the next few weeks. i 5 é Just as soon as this acreage is proven I am going to sell it for the bigest possible profits, and split the proceeds 10% to myself, and the other 90% to the Unitholders. ‘The Favors well is two miles north of our 40 acres, and when they finish this well, if it is good for 2,000 B:s. per day, or even 1,000 Bbls, the Units in this Syndicate, it there are any left at that time, will be taken off the market at once, as they would be worth several hundred Dollars per Unit. Friends, you have the facts laid before you. And if you want to win with me, I'll advise you to rush your order to me. The deal is over half subscribed at this writing, and orders coming from all parts of the country. Someone is going to be late. If you want one hundred per cent perfect run for your money clip the coupon and mail at once. You would never miss $20, $40 or even $100, and it stands an even chance of returning you Thousands in a very short time. Fill out the Coupon, and do it now. Next week may be too late. Reference furnished on request, or write any Bank or busi- ness honse in Fort Worth that knows me. — — — — — — CUT OFF HERE — — eee WITT LEASE SYNDICATE Capitalization $8,000.00 C-D-T-5. 400 Units at 20.00 per Unit 1002 Monroe Strest Fort Worth, Texas. I wish to win with Witt, and share in the Million Dollar Harvest. I am enclosing $ ...... settee ee eeeeee fully paid, non-assessable that our neighbors do the We sell out for the biggest pos- Y is prove our acreage. drilling, sible profit and split the velvet 90 per cent to Unit holders 10 per cent to you. jated specialties later were heavily ltraded in. € |from coalers, were comparatively neg- id | lected at nominal changes. Speculative enthusiasm in stee:: and coppers Was aroused at times to the |ritch where threats of federal or state [intervention and regard for intrinsic MT. vaiues were ignored. Upward revision the of price schedules accompanied the famous spindletop in Beaumont, where buying of steels, the baser metals and | Taw and refined sugars. | Advices respecting general business conditions were not wholly satisfac- Mr. Roeser figured prominently in the Spindletop days, a3 well in many |‘0Z_80d reduced car loadings fore- CONFIDENTIAL REPORTS WU be gladly furnished on any Company, Syndicate or organiza- tion in which you contemplate in- vesting. this service you can select the best investments on the market. Comprehensive ae on your part we will furnish you PA Texas oll stocks SATURDAY, MAY 20, 1§22. LOW MONEY RATES BIG FA IN BOOSTING STOCK NEW YORK, May 20.—Trading in the stock market this reek was enlivened by the lowest money rates in five years ‘and rumors which dealt more or less circumstantially with to ™ergers or consolidations of various industrial interests espe- cially steels and coppers. Buying of those shares, mostly at material gains, was out of all proportiot? to the demand for shadowed smaller railroad earnings. other issues, although sugars and re-! Nevertheless, the recent high rate of Production in the steel and motor Rails and shippings aside] trades ‘The curren: from ti of cou inquiries for textiles, leathers and the more essential merchandising wares. continued brisk, new underwritings be- ing absorbed readily. quence of latest developments in Eu- rope, the British rate, however, hold. ing strong. Stacks of fruit, vegetobles; fresh was maintained, with increased investment demand for bonds Internationa! cles were unsettied in conse elites Sa a he garden and orchard. Welsh's ree. Phi 1705. S-15-2t BROKERAGE SERVICE This firm ‘has specialized in Texas covery of the Ranger Field. Trading Quotations on any issue upon request. V Correspondence invited. BEN O. SMITH INVESTMENT BANKERS Members Texas acd American Bankers Association 302-34 Fort Worth Cinh Bldg. DON’T BUY OIL ‘ UNTIL FREE con! By availing yourself of live market letter And in addition to the above and wit! with PURCHASE OF ANY OIL 8 and units, including all M! ENT OF you meney in practically every instance. ANY KIND OF OIL STOCKS OR U GATION ON YOUR PART, 10 Acres Free to 1-1500th Interest Year's Subseription at $2.00 Per car. On the same drilling tract with the Ben O. Smith well that is near- ing the pay, and conceded by oil men to be a producer. subscribers, and are giving FREE a 1-1600th interest with each new subscription. This is on the Askew Drilling ‘Tract west of Mexia. Approximate. ly in TEXAS OIL year and your Interest Free. It's free—you risk nothing—you receive every week for a year a ITS. D. W. YOUNG Write Texas Oil Bulletin Issued weekly and edited by ofl and financial experts. the whole field of development of the amazingly rich off fields of are forecasted for the comi: few weeks. To introduce this publication, ras Ol! Bulletin to you for threo months Absolutely Free. Write for it Texas. Very extraordinary events today. Gilbert Johnson & Company For 12 Years OW Operate: 1620 Waggoner Bldg. FRE queets NO OBLIGATION SEND j THIS TODAY To L. R. Ellis PARAMOUNT ROYALTY SYNDICATE 340 Oil Operators Bldg. CURTIS BROKERAGE COMPANY (Incorporated) RELIABLE, INVESTMENT SERVICE A request brings to you our weekly Statistical Market Letter and other feature services—FREE Dan Waggoner Bldg. Box 1023 %4 interést in each well. We now have wells. If any of the wells come in dry, put it in another well. How can you lose? Write for full information. Casing Contracting Company 816 Dan Waggoner Bidg. Subscribers With We ¥ ant in 200 a 400 interests still available. Send our $2 bill and receive the HERALD for one live, up-to-date newspaper that wil | | Of the news, without fear or keep you correctly informed on the | | {#¥0r,— and one “CLUB” mem- development industrially, finan- | | Pership. $3. year’s sub, and ten cially and argirculturally, as well || scr 4,, "edt, $8 ee. s honest o! : 5 FRED USE Held et UP news, Airect trom tie’) | Ate -entitiet eee ec FREE USE _ || of the HASKINS’ INFORMA: CUT ME OUP AND MAIL TION BUREAU—inside informa- cpT $9.22 | | tion on WHAT TO BUY AND TEXAS OM. HERALD WHAT TO LET ALONE. Bottle 901.902 Fort Worth, Texas. Attached find $2 which please send me the T° one year. Also send me FRE certificate OIL HERALD LEASE CLUB. State . . & M Bank Bldg., AS OIL HERALD for on of interest in TE sold. Address . posed each issue. Don't miss a City copy—it's rich. Address Editor me sree Haskins, Corner Third and Com- YOU KNOW WHAT YOU ARE GETTING Texas oil. complete maryet letter published. hout obligation or expense of any Investment Brokers Exchange Blig., Fort Worth, Texas 47 PCT. PAID IN CASH DIVIDENDS TO DATE Panorama of Mexia Large photograph showing Mexia’s Great Oil Field mailed on re- limited Number Printed. Brand New. ABSOLUTELY FREE | A SAFE INVESTMENT 15 CHANCES TO WIN We are selling £9,000 shares of stock, par ing 15 strings of steel pipe to put into drilling in ten counties, where the BIG PLAY IS RIGHT NOW—20 acres Freestone, Zandt, Hopkins and Delta counties. Acreage has sold for as high as $50,000 per acre in Mexia. Looks like a 100 to 1 shot in any of these ten counties right now. $1 entitles you to year’s subscription to the Independent Oil News and cream receipt money cheerfully refunded. “CLUB” memberships might make you %500 when this) 200 acres are oil companies and syndicates ex- merce streets, Fort Worth , Texas. Oll Stock issues since dis deily in all active issues, "rite for our Market Letter. & SON Fort Worth, Texas STOCKS MARKET LETTERS taining information of inesti- mable value regarding OIL .IN- VESTMENTS, market re news from the fields and all other news matter pertaining to Said to be the most full particulars on PARTIAL TOCKS. We deal actively in all SXIA ISSUES, and can save t our prices before buying WRITE TODAY. NO OBLI- & CO. Covers we will mall the Texas aud Brokers, Fort Worth, Texas Fort Worth, Texas Fort Worth, Texas value $3.00 and buy- wells, for from % to an interest in six drilling we get our pipe back and Fort Worth, Texas Brings the Ind. Oil News Yor one year and an interest in choice * 200 AC. FREE I -imestone’ (Mexia), Navarro, Hunt Kaufman, Van cres near drilling wells. RUDE OIL right from Mexia, two colored “HISTORY OF illustrated, free to sub- If not entirely satisfied of full particulars. Ten Several fake or near fake

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