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date (1917-12-15) topic_Industry newspaper_issue 



"NOTICE TO READER: When yoi» finish reading: this Journal 

place a one cent stamp on this notice, hand it to any postal em- 
ploye and it will be placed in the hands of our soldiers and sailors 
at the front. NO WRAPPER, NO ADDRESS. 

"A. S'. BURLESON, Postmaster-General/* 



An Independent Weekly 



Devoted to Oil Industry 



LEXINGTON, KY., SATURDAY, DECEMBER 15, 1917, 



ment Fixes Conditions For Oil Workers 

Cold Weather Impedes Operations and Gas Supply 

int Conditions For 200 Oil Men Banquet-Perfect 

Field Workers Strong Organization at 

ht-Hour Day Lexington, Ky. 



V (By Special.) 

W WASHINGTON, D. C. 

Conditions in the old fields as they should he in war time, 
W. United States government, are set forth in the basis of 
■ide by the President’s mediation commission in settling 
roil field workers of same companies that for several weeks 
fl production in the California fields. 



Last Saturday was a momentous day for the oil industry in 
Kentucky. 

The Kentucky Oil Men’s Association advanced to a stage of 
great usefulness and the allied interests were so amalgamated that 
this organization is now crystalized into a union of interests and 
every member is an enthusiastic unit in a realm of harmony. 

The Association was formed early last spring at Irvine and has 
since gradually increased in momentum and membership, but this 
body of oil men plunged by a big jump last week and the efforts 
of several members brought the association to a point of prime 
power for the good of the industry in the blue grass State. 

More than three hundred oil men gathered at the Phoenix Hotel 
and it w T as a happy and profitable meeting. 



Kght'hour day, with a minimum wage of $4 for oil workers, 
Red, with the proviso that, if needs of the nation require that 
• work longer hours, they shall put in eight hours for their 
rrs and such overtime as may be asked of them by the federal 
 rs as a service to the ccuntry rather than their individual em- 



In order to reap the benefits of unity, the association recently 
voted to appoint committees to handle various phases of the work, 
backed by the authority of the association and these committees 
were perfected at the executive session held in the afternoon. 
Further meetings will be on the order of those in the past, and will 
be called by a committee, when business of importance is to come 
before them. 



settlement covers all refineries and pipe lines except those 
owned by the Standard Oil Co., of California, and affects about 10,000 
men. 



The agreement, made public Saturday, follows : 

* * * * 

First. That the eight-hour day already in effect with various 
California oil companies shall be put into effect by all California oil 
operators as of January 1, 1918, with the following proviso: 



Col. F. B. Tomb, who was elected President to succeed Mr. C 
M. Staigers who resigned, is a man big enough for any 
thoroughly in love with the wo ^ ancL^ s in a 
Association a large portion of his time. 



absolutely beyond question are not able, owing to labor or other con- 
ditions, to put the eight-hour day into effect by that date, the work- 
ingmen affected will, upon request by the government of the United 
States, beginning January 1, 1918, work eight hours per day for their 
present employers, and upon the request of the federal government 
will work as many more hours as the President of the United States 

or his representatives may request. 

* * * * 

(b) To insure to the workers the good faith of the employers, a 
committee of three federal inspectors shall he appointed by the Secre- 
tary of Labor of the United States, who shall have full access and full 
authority to inspect all the activities of the oil operators and shall 
render reports to the United States government and the state executive 
board of the Oil and Gas Well Workers Union and any company af- 
fected as to progress being made. 

* * * * 

Second. The minimum wage scale for oil workers shall be $4 for 
eight hours’ work, which wage scale shall apply as from December 1, 
1917. 

* * * * 

Third. No man shall be discriminated against or intimidated be- 
cause of membership in any union affiliated with the Amercan Fed- 
eration of Labor, and the officers of such union shall agree that neither 
4hey nor the members thereof will discriminate against nor intimidate 

•any non-union man because of his failure to belong to a union. 

* * * * 

Fourth. In case of disputes or disagreements between the em- 
ployers and the employes or on any matter affecting the findings of 
the President’s Mediation Commission which can not be settled 
through the existing channels the machinery of the United States 
government shall be used with the Secretary of Labor as the final 
.arbitrator. 



At the banquet where more than 300 were seated, a finer body 
of men never sat and a more pleasant evening was never spent. 

Captain W. S. Mitchell, the toastmaster, was charged with a 
tremendous voltage of enthusiasm and it radiated generously 
throughout the big banquet hall where millions and millions of dollars 
were represented. 



FRANK B. TOMB, President, 
Kentucky Oil Mens' Association, 
Empire Oil & Gas Company. 



BIG GAS WELL 



The oil industry in Kentucky has advanced from a stage of 
skepticism a short time ago, into a business now recognized through- 
out the oil world, and this State is considered as being one of the 
most promising regions for petroleum in the United States. Every 
week, developments are made that serve to further stimulate the 
operator and the drill is being pushed vigorously in all likely ter- 
ritory. 



PITTSBURGH.— A gas well drilled in on the D. A. McClure 
farm at East McKeesport by Van Every, Horning & Co., with offices 
in the Keystone building, measures 7,200,000 cubic feet a day. The 
force of the gas is so great that the drillers have not as yet been 
able to cap the well. The roar of gas can be heard three miles away. 
The company announced its intention of selling the well to the Car- 
negie Gas Co. The well was struck in the Speechy sand. 



Patriotism of a high order was mingled with the keenest business instincts 
in the banquet of the Kentucky Oil Men’s Association at the Phoenix Hotel 
on the night of December 8th, at Lexington, Ky. 



OPERATIONS HELD UP 



The severe cold weather has caused a practical cessation of 
drilling operations throughout the Kentucky oil districts and much 
damage has been done to water lines, gathering lines and boilers. 



There was a great enthusiasm over patriotic songs and addresses and all 
of the speakers rose to the occasion. 



Resolutions of respect to the memory of Colonel Frederick A. Barker had 
been adopted at the afternoon session and nearly all of the speakers at the ban- 
quet diverged from his topic long enough to pay some little tribute of affection 
to the man whose untimely death brought a tinge of sadness to even their 
merriest moments and moods. 



WICHITA TELEGRAM 



OIL MENS’ BANQUET, 

PHOENIX HOTEL. 

LEXINGTON. KY. 

WE ASCRIBE THE FOLLOWING RESULTS IN A 
LARGE MEASURE DUE TO OIL: BANK CLEARINGS: 
NOVEMBER, 1915, $19,500,000: NOVEMBER, 1916, $23,000,- 
ooo; NOVEMBER, 1917, $35,000,000; DEPOSITS: NOVEM- 
BER, 1916, $19,000,000; NOVEMBER, 1917, $45,000,000. 
FIVE OIL REFINERIES ARE NOW LOCATED HERE. 
OTHERS COMING. EMPLOY 200 PEOPLE. LARGE IN- 
DUSTRIES, SAVING THOUSANDS OF DOLLARS AN- 
NUALLY ON FUEL. $700,000 HOTEL AND NUMEROUS 
DWELLING AND OFFICE BUILDINGS UNDER CON- 
STRUCTION. SEVENTY-FIVE MILES HARD SUR- 
FACED ROADS NOW UNDER CONTRACT. VARIOUS 
OTHER ACTIVITIES TOO NUMEROUS TO MENTION. 

FOURTH NATIONAL BANK. 



Samuel Bell, general manager of the Champion Oil and Gas Company, of 
Louisville, who has had a hand in oil development in nearly every American 
field, made the hit of the evening with a tribute to Kentucky and a toast 
to the members of the fraternity now in the American army and navy. They 
follow : 



WILL OIL BUSINESS BE MORE HEAVILY TAXED? 



A TRIBUTE TO KENTUCKY 



I stood upon the ocean’s briny shores, and with a fragile reed I wrote upon 
the sands Kentucky we love thee. 

The cruel waves rolls by and blotted out the fair impression. 

Frail reed, cruel waves, I’ll trust thee no more, 

But with a giant hand, I’ll pluck from Norway's frozen shores 

Its tallest pine, and dipping its top in the crater of Vesuvius 

I'll write upon the high and burnished heavens, Kentucky, we love thee. 

I’d like to see some doggone wave come along and wash that out. 



' Washington. — What proportion of the $1,700,000,000 of additional 
war taxes to be laid by congress at the next session, which met De- 
cember 3rd, will fall upon the various phases of the oil and allied 
industries, is a matter of speculation here. 

Men connected with these industries throughout the nation are 
Sm^ffsly awaiting the enactment of the new measures, which, it is 
ibelieved, will increase the tax burden on the country in general by 
•about fifty per cent. 

Interested men who in the past have observed the attitude of con- 
gress toward the. oil business in general, are preparing figures and 
statistics which they hope will convince the legislators that the petro- 
leum industry is carrying about all it can stand in the way of war 
:taxes. 

According to Secretary McAdoo, the country will be able to get 
•along until June 30th, the end of the fiscal year, with the money result- 
ing from the revenue bill passed during the last session, and the issue 
of $8,000,000,000 worth more of Liberty Bonds. The bonds already 
issued, plus the notes and the revenues from taxes will enable the gov- 
ernment to make an expenditure during the first year of the war of 
•about $18,000,000,000. 

All the laws for financing, needed during the year that will end 
on lune 30th, were enacted during the last session. 



A TOAST. 



Here’s to the blue of the wind-swept North 
When they meet on the fields of France; 
May the sf rit of Grant be with them all, 
When ther ms of the North advance. 



I NOTICE. 

' THE OIL WORLD WILL -HEREAFTER BE PUB- | 
i LISHED IN LEXINGTON. KENTUCKY. SUBSCRIBERS jj 
» WILL PLEASE ADDRESS ALL MAIL CARE SECURITY jjj 
j TRUST BUILDING, LEXINGTON, KY. SUBSCRIPTION | 
[ PRICE, $2.50 PER YEAR OR 10 CENTS PER COPY. | 

! GUY BELL, Editor. J. L. TUCKER, Manager. '$ 



Here’s to tlb' Gray of the sun-kissed South 
When they meet on the fields of France; 
May the spirit of Lee be with them all 
When the sons of the South advance. 



And here’s to the Blue and the Gray as one 
When they meet on the fields of France; 
And may the spirit of God be with them all 
When the sons of the Flag advance. 

(Continued on Page Four.) 





I 



THE OIL WORLD 



‘ ~ ^ ^ ^ ^ ■'V •"-■ G-' ^ Irvine Oil Co., No. 3, John Wise, 10; Pilot Knob Oil Co., No. 11, H. C. Parker, 

II* Hrv • P T Wliito A *   T^l,« \r i a vr«... v 1. 1 /- n 



KENTUCKY NEWS 



fj! dry; P* J- White, No. 42, John M. Ashley, dry; New York-Irvine Oil Co., No. 
♦K Briscoe, 5; Ohio Oil Co., No. 9, Geo. M. Reed, Sr., 30; Kentucky Petroleum 



. ■ ■ IRVINE, K 

CSpecial.) \ f 

• - - — The Hillis Oil Company are drilling on the Crit Cliilders far 

_ W reducing Co., No. 18, W. M. Adams, 2. mile from Torrent, just beyond the top of the hill and almost d 

j ^ - Q L. & N. tunnel. It is said that several years ago oil was foun 

In Adair county, E. H. Stoever, of Cincinnati, O., representing a Buffalo, 1 . . „ „ . . , , . . , and that it ‘produced about a ten-barrel well, but at that time 

N. Y„ company, has purchased leases on 11,000 acres, lying on Pitties Fork creek ??'? ' ‘ ’ 1 0We ’ 0 CmClnn f l , and " S assoc ' ates have opened up a not su ffi c i en t to pay for «the drilling .as the depth is supposec 

near Fairplay and Picnic postoffices and on Harrods Fork creek. They are going “ 1 ; ) fann and t,er f eby e * tended the Lee county oil field by a mile and a I)I00 and I 200 feet before , pay ~ nd j s reached, 

to drill two test wells as soon as machinery can be moved from Ohio The half t0 the northeast of the Hopewell district and north of Beattyviile. 

Kentucky Oil, Coal & Timber Co., of Denver, Colo., is nqgotiating for territory , The “ W Stribc “ a20 °- ba rreler and is located on the D. B. Pendergrass R , . *'* J * . . . , 

around Columbia and Neatsburg. Mr. Lavton, of the Knigkerbocker-Wvoming * a /" V a m,le a " d a ha f nor,h and eapt of Ko ' 1 H °P ewe11 0d Co., on the Fost "' Baban and Barkers number four on the La.nhard} 
Oil Co., of New York, was in Columbia V few’ days ago and stated lhat Ws Th * wdl was dnlled t0 a dc P‘ h of U^oo feet, of which 87 feet t0 he S° od ten-barrel producer These people are dnll.n 

company would be ready to begin active work in a few davs The above com- ! 8 ° d Sa " d and 47 fcet of which is   )ay ' A df X streak of nine feet was found cr ab ° u a lialf-mile west and are down somewhere between 
pany has a large acreage In Adair countv, located near Sparksville, Nell and the pay formatlo "f. and the sand throughout is somewhat compact. and 16 feet 111 the sand ' 

Dirigo postoffices. Their geologist, j. M. Sur, went over this territory and rec- For . ,h ,', S rCaS ° n an UnUSUal,y large * hot of nit,io ' was used to ' »?* * be “° d Thp Rarnptt n; . r n c 

c - ,, ., . . . ■ , combs. , .. *1=;,.: the Barnett Oil Company shipped by rail to their refim 

ommended the purchase. Since then they have had surveyors in this territory ^ - »’,*■„ , . ' •**&’• past week, 2,250 barrels. , .... 

lor two weeks. 1 lie Southern Oil & Refining Co. sent their geologist there, and ..... . . „ XT _ _ , T * • ' 

after looking the territory over he purchased 1,000 acres lying in the southeastern c , , dnlI ! ng contrac ‘ or - N - S. Stephenson, of Irv.nepflmsh’ed his job last * * * * 

part of the county, between Harrods Fork and Crocus creek, near their junc- T atl ' rda   and despite the fact that many insisted that a dry hole would About two miles west of Heidelberg in Lee count ; 
tion, and has located a well. This is to be a test of 1 600 feet or more It is sur-  C , ”*!!”’ , and the °P crators were optimistic and a big producer was the pany and associates are going to drill several wells on tl 
rounded by old wells which were drilled in 1867. It is claimed by old residents Tf' f ‘ ^ T drawn J L Uesday P r f C P arato ^’ for makin e the * * * * 

that some of them produced over 50 barrels per day, the oil being shipped by boat f i 1 / ^ h °'^ The ^ ° f f ' 2 ° qUartS made a s P ec ' A Buffalo New York company have recently acot 

to market. This mode of transportation being very expensive and the price of , ^ by 3 ^ ^ ° f °" lying on PettiVs Fork^ gtekTar^ 



For this reason an unusually large shot of nitro. was used to loosen the "oil 
combs.” ' 

« * * * * -X • 

-   * '^ w r .. 4 , 

The drilling contractor.^N. S. Stephenson, of Irvine^ finished his job last 



♦ * •* * 

Foster, Baliatt and Barker’s number four on the Lainhardt 



* * * * 

The Barnett Oil Company shipped by rail to their refiip 
past week, 2,250 barrels. 

* * * * 

About two miles west of Heidelberg in Lee count ' 



crude so low the operators were forced to abandon the field. 

* * * * 

Elliott County is engaging the earnest attention of the numerous oil com- 
panies at this time. The first well' on the big structure in eastern Elliott county 
is now drilling at about 500 feet on the Dials farm near Isonville. Sufficient 
gas for drilling purposes was found at less than 400 feet and is now being used 



and local people. , * ■ *, 

* * * * " 

Fortunately this farm will gravity the production to the pipe line, a 
distance of about two and one-half miles. Connections will soon be made. 



* * * * 

A Buffalo, New York, company have recently acqr 
lying on Pettie’s Fork creek near Fairplay, and on H 
will commence the drilling of two test wells as soon a 
moved from Ohio. 

* * * * 



panics at this time. The first well' on the big structure in eastern Elliott county ° aD0Ut tW ° anU ° ne ' halt mileS ' Lonnectl °ns wdl s °on be made. The Southern Oil and Refining Company have mi, 

is now drilling at about 500 feet on the Dials farm near Isonville. Sufficient * * * * drilling of a test well in Adair- county near the junction 

gas for drilling purposes was found at less than 400 feet and is now being used The Provident Oil Company is the name of the operators on this partial- Crocus creek which they intend drilling to a depth of 1,50c 
for operations. Deep interest centers in this well not only because of the loca- * ar Portion of the Pendergrass farm, and is owned largely by E. M. Nowell, of territor y is said to have been drilled some forty or fifty y 
tion on the structure but because of the fact that the Big Injun, Berea Grit and Cincinnati, and W. P. Rogers, of the same city. This is Mr. Rogers’ first venture at tbat l ' me struck several wells of gobd size, but as the 0 
Irvine sands, all big producing oil sands, underlie this section at approximate ' n tbe od S am c and he was highly elated to see the results on Tuesday, which, by boat was f° lmd to be expensive to produce for the , 
depths of 500, 900 and 1,300 feet respectively. The Rice Oil Company will begin b - v the way, was the first oil well he ever saw. Incidentally, Mr. Rogers was for tbat time but at the prices crude oil is now bringing it is c; 
a second test well on the structure upon the completion of the Dials well, which fifteen years dean of the University of Cincinnati Law School. Well, he is now weBs '"' ere now producing it would afford a good margin of 
will be at a point about one mile north of Burke. a rea l od producer. * * * * 

*|. I 

* * * * j The Wood Oil Company, in Pulaski county, who have 

The Ohio Cities Gas Company has recently acquired extensive holdings in The Southeastern Oil Company’s No. 3, on the Eureka Mineral tract in on tbe G- Tartar farm and one of W'hich proved a drj 
Elliott county and will begin soon the development of this acreage by the drilling Lee county, one-half mile west of Sign Board, filled 800 feet of fluid and is a ' c .’hcr showed a small amount of gas, are now drilling on the . 



of several wells. Mr. Rankin, of Wisconsin, has arranged for the drilling ver y healthy producer. 

of a well on his N. B. Gillum lease, a short distance south and east of Burke. * * * * 

The Bourbon Oil & Development Company has contracted for a well on the The Provident Oil Company has started its No. 2 at a location one mile 

L.   . Prichard farm near Albert Postoffice. Material and machinery are being southwest of No. 1. 

moved to the location on Sincell farm where Senator Hummell will drill a test j 

well. The Oil Fraternity is warranted in believing that a thorough test is soon | . 

to be made in Elliott countv. The Carter Oil Company, A. V. Oil Companv, I , , lte Bros ' & Huff are down 600 fcct on ‘he Noland parcel, one and onc- 

' ■ fourth miles southwest of Pendergrass. 



miles southeast of Naomi along White Oak creek. Several we, 
papers throughout the state had it they struck a large product 
absolutely no truth in this rumor according to Roy C. Snyde 
manager and superintendent. 



. ine cm rratemity is warranted in Dctieving tnat a thorough test is soon .... „ _ , , , Again the Aslilev lease comes to the front in a minn P r .w 

« , mad. In EUkn »un, y Th, Carter Oil C-w. A. V. Oil ” N0 “ «*«» •» the operator. Suit eras 61c, 1 ip the IWlTcoun,,- Ci™ 

kon-Sre ( hi • on, pany, Federal Oil ( ornpany, Atlas 0.1 Company, Kentucky Pro- [ ... gra... | December 2nd, for the division of this famous lease estimated to 

ducers Oil Company, The United Fuel & Gas Company, Arkansas Natural Gas * * * * $5,000, ooo and said to be the most prolific lease in Kentucky It was 

t ornpany, Delta Oil Company, Hazel Oil Company, and Kansas-Kentucky Oil I The Hopewell Oil Company, at their No. 2, Shearer tract, are down 950 | ir. the suit that the one-eighth royalty was sold for $360000 by T M 
Company, are among the numerous companies having holdings in Elliott. There feet and arc due Thursday evening. it is alleged that J. M. Ashley w : as not entitled to the full royalty i 

is scarcely a farm in the entire county that is not now under lease. * * * * i time the heirs of his brother Frank owned a part interest. According 

* * * * | The Southwestern Oil Company have spudded on the Price and Gourley Lexington Herald it is said that Jordan Ashley, a Baptist preacher, c 

Drilling activities in Lee county despite the inclement weather in that sec- tract, one-third of a mile due east of Hopewell. 1 Berry county from North Carolina before the Civil War and settled 

of the Irvine field. J. Gourley, representing the E. L. Doheny interests in * * ♦ * | William Ashley, a son of the minister, was reared in Perry county an  

state, has spudded in at a third location on Mikes branch, one mile North 17 \r v„,,.„n •„ • , i ‘^* er tbe war moved to Powell countv, where he lived on the land t! 

Cn 5 whom n ficlilnr, inh 5. nn Tl,, Pot, . . i . oth ? rs wl11 move a r ' K tllls "cek to the Gilbert farm, now knoun tllP f amnil , nt . 



tion of the Irvine field. J. Gourley, representing the E. L. Doheny interests in * * ♦ * 

this state, has spudded in at a third location on Mikes branch, one mile North p -\r v«,..oii „,t . , , „... 

v „ , c , . . , . .... c , Tt t \ r- L. M. Nowell and others will move a rig this week to the Gilbert farm, 

of No. 2, where a fishing job is on. The Southwestern Petroleum Companv t i,„ i .1 n 1 , 

. . . T . . located between the Noland test and the Pendergrass production, 

have made two more locations 011 the Eureka Coal Land Sc Mineral Company 

tract, Rogers Fork. The same company has also made a new location on the * * * * 

Vanderpool farm, on Stinking creek. They are moving a rig to the Roberts, d bc Caddy Oil Company is due at their No. 7. Jack Wells. 

Gourley and Harris farm, adjoining the Jack Wells farm on the east. In Law- j » » x- * 

rence county, a well estimated at 5 barrels after a shot has been drilled in on the 1 The New York Irvine Oil Company got a small one in Lee county across 
farm of F. B. Bussey, in the Busseyville district, six miles southwest of Louisa. I the river from Willow Shoals. 

Another well on the same farm will be started Monday. 



now known as the famous Ashley pool of Kentucky. William Ashley had elgiu 
children, of whom John M. Ashley was the oldest. Frank Ashley was a brother 
of John and moved back to Perry county and later moved into Knott county. 
There he married. Three children, Bettie, Floyd and Barby, now all children 
under 21 years old and more than 14 years old, survived him after his death m 
rqoo. These children are now plaintiffs in the action, which alleges that one- 
eighth interest in the William Ashley estate was owned by their father. 

* * * * 

The Stanton Oil Company, who have been drilling on the John Reid '' »- 

• — • ■ ., f - ' f. 

The Mississippi Oil and Gas Company, down in Warren county, nine tt. 
jvest of Bowling Green, made their first test a producer by bringing in a w 1 
in the Jackson farm, good for five to eight barrels. 

* * * * | 

The Ithaca Oil Company's test on the Dillard Duncan farm at Browning to 



- * * * * »*** 

* * * * r' The Kcnova Oil Company’s No. 2, Kincaid, is a 25-barrel punmer. The Stanton Oil Company, wdio have been drilling on the John Rei£ ' /- ' 

3l|l DAlS 01 in r ° ' n ‘y- Sylvestei^Vfiwy' and others have drill./l in another cncc Miller, of Irvine, and Dick Childs, of Mt. Sterling, have spudded . n ., , _ • w *. . n 

i 1 r 1 1 1 1 1 n win it tn ilio mntrro renorts irom 1 1 1 nt coiintv nonifnc ot , i r i n t» n   r • i • i i T lie Mississippi Oil and Gas Company, down in Warren count} , nine rf» 

Li — but owing to me meagie reports irom inai count) notumg 01 Qn the western end 0 f tbe d B. Pendergrass farm on Stinking creek and two • - . . . „ i„. ^ 

i.£ n ;,. rnl ,i d i.p nmoiripfl , . XT , . . west of Bowling Green, made their first test a producer by bringing in a w 

definite nature could be obtained. miles northwest of No. 1 on the same tract. Tins tract contains 1,000 acres iti : ire. -1*1 1 

, ’ on the Jackson farm, good for five to eight barrels. 

* * * * | and has been divided into three parcels, 

In Warren county the Independent Oil Company have completed a well on **** **** 

,l,c Price Hunt fan,,. ,ix mile* comtaM of Ho»lin s Green. Fourteen feet of Ros , „„ k dis „ |cl , w McKec _ 0 „ tllE Banks is dolvn The Ithaca Oil Company's tea, on the Dillard Duncan fan, at Brouninp to 

•and was penetrated. Preparations for another led on the ..ante farm are a „ d Wm Brown is do „.„ 100 ([e , on the F(Jnk Callahan. Chaney and lhe oi Bo ” 1,ne G '"" ,S E “  l 

being made. j others are drilling on the Hamilton lease. Two wells are drilling on the Roberts # * * * 

farm and No. 2 is drilling on the J. F. Harris farm. H. W. Jonatzen and others drilled in a dry hole on the Enoch Harris farm, 

I11 the Licking 1 nion district of Rath county the Kentucky Producers Oil ^ north of Bowling Green, but have made a second location on the same farm 

Companv’s well on the Eliza Alley farm, a dry hole is reported at 847 feet, . nnd expect to start in as soon as thev can move their rig. 

where salt water was found. T - E ' Hanrahan, of Detroit, has leased 85 acres on the John Miller farm * * » » 

* * * * on Buck creek, Estill countv, and will have a rig on the lease by the first \ , 

, _. ! r vpnp ’ Anderson T. Heard, who is drilling a deep test on the Shaker lands, soutlt- 

In the Paintsvillc section of Johnson county and along Pigeon creek, the ot year. wc|t of Bowling Green, has a fishing job on his hands, as also the United Oil 

Red Rock Oil Company struck a nice flow of gas ... a test on the W. H. Con- * * * * Company, who arc drilling south of town near Rich Pond, 

nolly farm. In the same section \\ bite and Kirkpatrick are drilling a test on Joseph Kreis is making arrangements in various districts of the State for I * * * * 

the Sherman Rice farm and the Eastern Kentucky Oil Company is at work on three companies, namely Kentucky Oil, Coal & Timber Co., Keota Mutual , , . 

a test on the Fairchild farm. Oil Co., and the Southern Oil & Refining Co. All of these concerns have head- n ‘ be Eastern Oil ( ompanj s rst well on tie ourtne  arm own on 

* * * * quarters in Denver Colo Hell's creek, in Lee county, one-half mile southwest of Signboard, is reported 

In Tavlor countv, the Mid-Continent Oil & Gas Company are 150 feet in to have filled 600 feet of fluid, 

on the Van Dvke farm, two miles north of Mansville, in the eastern part of the , , . „ Al , .. „ c . „ , , . 

countv Cashdollar and others are 200 feet in on the Peterson farm east of . Tlle rc  ’ t orte I d dry , h ° le “ Brca ‘ hltt of . t,,e , At ant,c Refining Company The United States Oil and Fuel Company, of Kentucky, is one of the latest 

Mansville Harris and others are at the top of the sand on the Andy Loiter 15 an act, ' al 01 Wel1 ’ thoUgh t only five f or S1 , x barrels ca P acity ' . The s '" a . n corporations formed in the state. Judge Hugh Riddell, H. C. Jordan and 

farm five miles north of Campbellsvillc. Cashdollar and others just completed Producer flowed its capacity by reason of rock pressure several times and is Joseph Dunn are the incorporators and the capital is placed at $r,ooo. Their 

a drv hole on J. R. Davis farm at Campbellsville at ,380 feet. The Stanton accompanied by considerable gas _The pay is about 1,600 feet and a showing | main o|Tlce will be located in Irvine. 



* * * * 

H. W. Jonatzen and others drilled in a dry hole on the Enoch Harris farm, 
north of Bowling Green, but have made a second location on the same farm 
and expect to start in as soon as they can move their rig. 

* * * * 

Anderson T. Heard, who is drilling a deep test on the Shaker lands, south- 
west of Bowling Green, has a fishing job on his hands, as also the United Oil 
Company, who are drilling south of town near Rich Pond. 

* * * * 



Oil Company are spudding on the Ada Turner farm, seven miles west of Camp- 
bellsville. 

* * * * 

The Pilot District of Powell county again comes in with several good wells, 
among them being White Brothers’ Nos. 40, 41, and 43, credited with 24, 150 
and 75 barrels respectively. The Pilot Knob Oil Company’s No. 12 on the H. B. 



was found at 1,400 feet. The test is on Cooper Branch, three-fourths of a mile 
from its mouth and is nine miles southwest of Jackson. Three other tests are 
due in that county within the next three weeks. 

0 

COUNTRY-WIDE TANK WAGON MARKETS. 



* * * * 

The many friends of Col. Fred A. Barker, a well known oil man of the 
Irvine field, will be shocked to hear of his sudden death on December 6th, near 
Ravenna, a short distance from Irvine. He was mounting his horse when the 
horse started prancing, the saddle slipped, throwing Mr. Barker heavily to 
the ground, his head st’riking upon a large stone, causing a fracture of the skull. 



Barker farm is good for 100 barrels. J. T. Hervey’s No. 13 Elijah Baker is Standard Oil Company’s Service Station Quotations on Gasoline and Tank j He. was unconscious when picked up and hurriedly sent to the hospital in 



rated at 50 barrels. Carl K. Dresser is moving a machine to his second location Wagon Prices for Kerosene in Cents per Gallon, 

on the James Mullens lease in Powell county. Gasoline 

* * * * | Dec. 3 

In F.still county in the Wagersville district the Empire Oil & Gas Company Eastern Points. 

got a 25-barrel producer at No. 6, Luther Young. The Crown Oil Company got j New York 26 

a duster at No. 5, William C. Cox. F. B. and H. S. Russell got a small show- Roston 27 

ing at No. 17. on the F. B. Russell farm. The New York-Irvine Oil Company! Philadelphia 27 

got a 5-barrel producer at No. 9, on the Briscoe heirs property, as did the Ohio ! Buffalo 25 . 

Oil Company, at No. 2, T. Rogers, in the same district. The Federal Oil Com- Pittsburgh 27 

patty’s No. 15 on the W. M. Adams property, is rated at 10 barrels. Jesse Hare Cleveland 25 

got a good 40-barrel producer on the Sam Rogers farm. 

. . Middle West. 

Runs and Completions Chicago 21 

Runs and completions as reported by the Cumberland Pipe Line Company g t Louis 20.4 

follow : Fast St. Louis 20.5 



Dec. 3 

Eastern Points. 



Nov. 12 



RUNS. 



Dis. 


1 Busseyville 


. . 150.84 


“ 10 Wagersville 


... 2,445.12 


II 


la Fallsburg 


. . . 1,057.50 


“ 1 1 Beaver Creek . . . 


... 170.24 


II 


2 Cooper 


... 1,087.75 


“ 12 Ragland 


. . . 809.32 




3 Denney 


627.41 


" 13 Parmleyville 


. . . 495-58 


II 


5 Steubenville 


... 1,074.36 


" 14 Pilot 


... 16,401.18 


II 


6 Catinel City 


281.02 


“ 15 Pilot 


... 6,441.07 


li 


7 Fitchburg 


. . .21,468.76 


“ 16 Zacharia 


184.76 


II 


8 Irvine-Ravcnna .. 


. . 6,559.06 


" 9 Stillwatc 


. . . . 395.03 


II 


8a Irvine-Ravenna .. 


. .. 5,156.46* 


Car, Williamsburg 


. . . . 184.76 


II 

II 


8b Irvine-Ravenna . 
9 Campton 


...13,711.61 
. . I47-36 


Total 


78,824.40 



21 


21 


9 


9 


20.4 


20-4 


9.9 


8.9 


20.5 


20.5 


9 


9 


22 


22 


10.5 


9.5 


20.3 


20.3 


9-3 


8.3 


21 


21 


II 


10 


20.5 


20.5 


11 


9 


21 


21 


II 


10 


22 


22 


II 


10 


21 .9 


22 


11. 4 


10.4 


23-3 


23-3 


12.3 


11. 3 


20.3 


20.3 


10.5 


10.5 


24 


24 


9 


9 



Southern Points. 



Completions. j Atlanta, 

Ravenna, Estill county— W. S. Raydure, No. 24, Williams et al, 70; Crown b °rt \\  

Oil Co., No. 25, A. J. Rawlins, 2. A " e ''' 

* * » * Nashvill 

Wagersville, Estill county — Empire Oil & Gas Co., No. 15, Clias. Rice, dry; ; M cm l )b ' 
Clark Oil Co., No. 3, Wade Park, 2; Comet Oil Co., No. 1, James Harris, 25. 

* * * * 

Pilot, Powell county — Ohio Valley Oil Co., No. 2, Sant Hall, dry; Ohio Denver 



Far West. 



26 


26 


12 


11 


26 


26 


14 


13 


23.5 


23.5 


10.5 


9-5 


23 


23 


12 


11 


22.5 


24.5 


II 


11 


26 


26 


12.5 


12.5 


20 


20 


9 


9 



! Lexington where he never regained consciousness, dying before morning. 

il He was a partner in business with Dudley Foster and John Bahan, doing busi- 

Nov. 12 ness under the name of the Cumberland Producing and Refining Company ami 
also as Foster, Bahan and Barker. 

() * * * * 

10 The Kenova Company brought in their No. 2, on the Kincaid farm in Lee 

12 county, and is reported to be good for fifteen to twenty barrels. The well ^ 

10 was shot last Thursday, but no report as to its result has been obtained, but is' 

12 is a certainty that the shooting will, without a doubt, increase the production 
to quite an extent. A later report from the well says that it is flow'ing. 

* * * * 

The Stanton Oil Company, who are drilling on the Ida Turner farm in 
0 Green county, half-mile from the Taylor county line, are now down over 200 

8.9 feet. Ten wells have been drilled in Green county with the result that all 

9 are making from 1,000,000 to 5,000,000 feet of natural gas except one, wbich^r-. 
9-5 was drv. 

8.3 * * * * 

10 The Mid West Liberty Oil Company are making a shallow' test near 

9 Mannsville, Taylor county, and are moving in a machine to make a deep test 
10 east of their present location. 

10 * * * * 

10.4 Cashdollar and Keiner, on the Davis farm, drilling in the town of Camp- 



* * * * 

The Lexington Badger Oil Producing Company, made up of Wisconsin 
capitalists, with a capital of $50,000, close corporation, have had their geologist 
examining the country in thirteen different counties with the result of their 
acquiring leases in each of these counties, which they intend to commence 
developments upon as soon as possible. Messrs. G. W. Rankin and A. J. 
Stingel will be in charge of their Lexington branch office. 

* * * * 

Samuel Lee Bell, Dunlap Wakefield and C. L. Hitchcock have incorporated 
the Champion Oil and Mineral Company and filed articles of incorporation at 
Louisville, giving their capital stock as $50,000. I 

J. R. HUNTER. 



1 



THli OIL WORLD 



ft 



ft 

“ • 



* 



GUY BELL’S SNAP SHOTS 



Geologist l.eincr had the goods, hut they were dry, and the wets •*- ■** •** — . - "“* .m 

Ijl WON— score 177 to 33. 



'»)! 



it 



ft 



it 



CRUDE OIL QUOTATIONS 



ft 



*i: 



7 k 

fl. 






Vic Fuller got fuller and fuller. 

* * * 



Eckles was there with his shecklcs. 

* * * * 

Uncle Sam Morse is no kin to R. E. Morse. 

* * * * 



Dave Johnson, of Irvine, says he never will miss another one. 



Eugene Young was away down East and missed a lot of fun. 



Woolfolk, of the Trouble Committee, let everything run on high 



gear. 



George Harmon complained of the lack of food, but showed that i,~j -j rJ .'V ,~J rj r. 

the drinks were in abundance. Dates of Price Changes of Important Crudes 

^ % * * Pennsylvania crude market advanced 25 cents December 4. this makes the 

market $3.75. This is looked upon as an effort to increase the declining produc- 
Reynolds, of the Star Company, is one grand entertainer. We tion of t he eastern fields, and to put such a premium on eastern oils as to still 

more rapidly develop the new Kentucky field and the new field in West Vir- 
ginia. Advances in other fields arc expected in a day or two. 

North and South Lima, also eastern crudes, quoted at $1.58 January 1, 1917. 



like all his friends except R. E. Morse. 

* * * * 

Mr. Freely, of Lexington, was also 
about 9 :30 P. M. anyway. 



there. We thought so 



George Hinton has been arrested so many times he likes it. He 
welcomed the policeman with a smile. $8.70 please, George. 

* * * * 



Cundiff, from Casey County, filled himself so full of good things 



Ed Fowler is a candidate for the handsomest member of the As- j a u ] lc coll ]d do on Sunday was walk the Phoenix lobby and grunt, 
sociation. 



* * * * 

Uncle Alex Somer says his mouth was full of brown shale the 
morning after. 

* * * * 

Sam Albee, the nitro doctor, said that the No. 1 McKenna well 

needed a 120-quart shot on Sunday morning. 

* * * * 

Frank Russell was a bit late in spudding in, but lie made rapid 

work in going through all of the formations. 

* * * * 

Andy Otto Self, of the Quaker Oil Co., proved himself to be un- 
selfish and thoroughly in accord with the spirit of the occasion. 

He * * * 

Clias. Dulin, who has seen the thicks and thins of the oil develop- 
ment in Kentucky, told in graphic words the history from two bar- 
rels up. 

* * * * 

John Skaitt told the boys they could do anything they wished 
except to blow up the hotel and Captains Lucas and Overly joined the 
field workers. 

He * * * 

Harry Skelly promised his wife that he would be good, but if Mrs. 
Skclly will call at the office of The World, we will be glad to en- 
lighten her of Harry’s conduct. 

* * * * 

Buck and Red, the live wire boys of the Phoenix Hotel news 
stand, have organized the Two Bones Oil Company and arc offering 
an unlimited amount of stock at two bits a share. 

Ht He * * 

Doc Pryse, the John Jacob Astor of Beattyvillc, was a familiar 
figure around the hotel lobby', being immediatelv followed by his valet, 
who seemed to take pride in seeing that Doc got to bed sometime dur- 
ing the succeeding twenty-four hours. 

H  He He He 

Dick Childs, President of the Gullible Oil Co., and Vice-Presi- 
dent of the Cyclone and Air Craft Gasoline Co., and Treasurer of the 
Cow Creek and Windy River Gas Co., and Secretary of the Get Rich 
Fast Petroleum Co., and Director in the Mt. Sterling Hot Air Furnace 
Co., was present ready to be called upon to speak upon the question 



Harry Giovannoli went to the front for Lexington. He claims 
The Leader is a tenderfoot at the oil game — but is willing to learn. 



20 cent*-, in August. No ad- 



advanced 25 cents in January; 5 cents in April 
vance since. 

Oklalioma-Kansas crude, aside from Hcaldton, quoted at $1.40 January 1, 
1917, advanced 30 cents in January, 30 cents in August. No advances since. 

Gasoline crudes in Texas and northern Louisiana advanced from $1.40 a 
barrel on January 1, 1917, at about the same rate and at the same periods as 
Oklahoma crude. 



Leete declares that Jim Hillis is the original pioneer and proves 
lit with a Number One run ticket and drawings of the first well. 

* * H= * 

W. S. Mitchell serves the toast well browned and buttered and 
reates an appetite for you with his pleasant smile and smooth service. 

* * * * 



CRUDE PRICES. 

Quoted by the predominating pipe line company in each field. All prices are 
at the well in barrels of 42 gallons, Dec. 3. 

Eastern Fields. Texas Fields. 

Prices. 

Jan. 1, Jan. x, 

1917 1916 

$2.85 $2.23 

2.22 1 .78 



North Texas. 



Jan. 1, Jan. 1, 



Pennsylvania — $373 

Cabell 2.58 

Wooster, 0 2.38 

Corning 2/10 

North Lima 2.08 

South Lima 2.08 

1.98 

2 



1.80 



Indiana . 

Bill Agnew, of Parkers’ Landing, certainly does love buttermilk. ( Princeton 
lie missed his Bible class last Sunday and the Reverend Bush wonders | Somerset 
why? 

2.12 

Dean Rogers, formerly of the University of Cincinnati, is now aj 1 Mymouth 2.03 

full-fledged oil man. He has production, and loves chicken served j Canadian Petroha 2.48 
with hot biscuits. 

* * * H= 



Ragland 1.20 

Illinois 



1.58 

1.58 

1.43 

1.62 

2.05 

.93 

1.62 

1.53 

1.98 



1.50 
1 75 
1-33 
1-33 
1. 18 

1.47 

1.63 

•75 
1.47 
1.33 
1 73 



Mayors of the different cities are going to probe the gas com- 
panies. This warms us up to say that the investigation will probably 
end in July when its good and hot. 

* H * H 

Old Man Sherley, of Oklahoma, was an interested onlooker. He 
is so used to bringing in gushers that a flowing well like McKenna 
No. 1, had little effect on him. 

* * * * 

I 

If Nowell, the man who picks out the places of 100-barrel wells ; 
had been present to hear the 9 o’clock man in a 12 o’clock town, there ; 
certainly would have been another well drilled in. 

Hi * * * 

Clarence Miller, who was once a poor boy, was to be called on to 
expiain how he made his. millions. We know how he lost millions by 
letting go the Ashley and Jack Wells farm. 



Mid-Continent. 

Kansas and Okla- 
homa, all grades 
excepting Hcald- 
ton $2.00 

Hcaldton 1.20 



$[.40 $1.20 







1917 


1916 


Flectra 


$2.00 


$1.47 


$1.20 


Henrietta 


2.00 


1.40 


1.20 


Corsicana light . 


2.00 


1.40 


1.20 


Corsicana crude. 


1.05 


•75 


,60 


Strawn 


2.00 


1.40 


105 


Moran 


. 2.00 


1.40 


105 


Gulf Coast. 






Spindletop 


1 .05 


•90 


•SO -.35 


Goose C reek . . . 


. 1 . 00 






Sour Lake 


1. 00 


.00 


.50- .60 


1 lumble 


T .00 


.90 


.50-60 


Batson 


. 1. 00 


.00 


.50 


Saratoga 


. 1 . 00 


00 


.50 


Davton 


. 1. 00 


.80 


•43 


Louisiana Fields 




Caddo, above 








38 deg 


.$2.00 


$1.40 


$[.40 


Desoto, about 








38 deg 


. 1.90 


1.30 


1. 10 


Caddo, 35 deg. . 


. I.9O 


1.30 


1. 10 


Caddo, 32 deg. . 


. 1.85 


1.25 


1.05 


Caddo, crude .. 


. 1 . 00 


•85 


.80 


Crichton 


. 1 . 00 


1. 10 


£ 1 
' 



• California. 

Effective June 28, 1917, Standard Oil 
Company offers the following prices 
lor crude oil at the well : 



SUMMARY OF ALL "FiELDS. 

(Continued From Tage Seven.) 

During November a total of 156 wells were completed, of which 41 were dry 



San Joaquin Valley Fields. 

(Kern River, Midway-Sunset, McKit- 
trick, Lost Hills-Belridgc, 
Coalinga.) 

Per bbl. 

14 deg. to and including 17.0 deg.. $0.98 

18 deg. to and including 18.9 deg.. .99 

and for each i ncrease in gravity 

of one (1) full deg. above 18.0 
deg. gravity, to and inclusive of 



Ventura County 

25 deg. to and including 25.9 deg.. $1.07 
and for each increase in gravity 
of one (1) full deg. above 25.0 
deg. gravity, up to and inclusive 
of 3(1.9 cleg, gravity, two (2) 
cents per barrel additional. 

37 deg. to and including 37.0 deg.. $1.32 
and for each increase in gravity 
of one ( x ) full deg. above 37.0 
deg. gravity, three (3) cents 
per barrel additional. 



Whittier-Fullerton and Santa 
vi..- r: 1.1. 



16 deg. to and including 17.9 deg.. $0.98 



— , * - . . | boles and nine gas wells, the producing wells showing a new production of I 24.9 deg. gravity, (1) cent per 

of how not to save money and upon t te veracity 0 01 men in genera . / ( ^ bbls. This, when compared with the October figures, shows a decrease ! barrel additional. 



ECHOES FROM THE BANQUET 



«_ . 






(By Tuck.) 

Fries, of Irvine, circled around the hall. 



Trout, from Beaver Dam, was a delicacy. 

* * * * 



B. V. Hole, of New York, wore the crown. 

* * * * 



Pat White was with us in spirit. (See Huff.) 

* * * * 

Hay is high this year, but we had him with us. 

* * * * 4 
Mr. Titas, of Warren, Pa., enjoyed the evening. 

He * He H  

Mr. Kash, of Jackson, was on deck. Name sounds good. 

He He He * 

lack Boggs is with us direct from the Louisiana gas fields. 

* * * * 

Carpenter was never cut out for anything hut a gas man. 

He He He He 

Mr. Cockey, of Lexington, was reported as present at the Phoenix. 



of 18 in completed wells and 741 bbls. less production. In dry holes and gas 
wells there was an increase of 13, due to the drilling of so many test wells 
far in advance of production 

Powell County proved the banner month for November, showing the largest 
new production and more completed wells. The Estill County field has dropped 
hack to second place, with 34 wells completed, of which 10 were dry, and the 
new production figures hut 195 bbls., showing that the wells arc not as prolific 
as they have been in the past, indicating that the producing formation has been 
heavily drawn upon. 

One of the most important wells of the month was that of the Walmer Oil 
Co., on the Bates farm, near Alvaton in Warren County, between Bowling 
Green and Scottsville. This well makes an excellent showing, and being so far 
in advance of the Scottsfield field, some 15 miles, is looks as though a new pool 
had been developed. It will take some additional drilling to determine the value 
of the new territory. 



25 deg. to and including 25.9 deg.. $1.07 
and for each increase in gravity 
of one (1) full deg. above 25.0 
deg. gravity, up to and inclusive 
ot 36.9 deg. gravity, two (2) 
cents per barrel additional. 



:8 deg. to and including 18.9 deg., 
and for each increase in gravity 
of one (1) full deg. above 18.0 
deg. gravity up to and inclusive 
of 24.9 deg. gravity, one (1) 
cent per barrel additional. 



•99 



37 deg. to and including 37.11 deg.. $1.32 
and for each increase in gravity 
of one (1) full deg. above 37.0 
deg. gravity, three (3) cents 
per barrel additional 



25 deg. to and including 2.50 deg.. $1.07 
and for each increase in gravity 
of one (1) full deg. above 25.0 
deg. gravity, up to and inclusive 
of 36.9 deg. gravity, two (2) 
cents per barrel additional. 



37 deg. to and including 37.9 deg.. $1.32 
and for cacli increase in gravity 
of one (1) full deg. above 370 
deg. gravity, three (3) cents 
per barrel additional. 



EASTERN. 

Summary of Wells Completed. 



PIPE LINE MEETING i 






ft 



* * * * 

Mr. Ditto, of Lexington. We wonder if he is a relative of Huff ? 

* * * * 

Secretary Pratt was some busy man. No trouble to show the 
goods. 



* * * * 

Fritz was among us, only; he was from Robinson, Illinois, instead 
cf Germany. 

* * * H  

Bill Mason, from all over the world, tried to act as sort of a 
er to the derelicts. 

* * * * 

Sam Bell is some spieler— that’s why they named his oil company 
the Champion. 

* * H  * 

Who’s seen Kelley? Where the h — 1 is Kelley? — Kelley, of Chi- 
cago, we mean. 

* * * * 

Bergman, the steward at the Phoenix, is red-headed, therefore, 
everything comes hot. 

* * * * 

Karl Dresser, of Bradford, acted as head drilled of Old McKenna 
No. 1 in Parlor A. 

He * * * 

Vice-President Loomis is a nice little fixer. The L. & N. will give 
him anything but a pass. 





Comp. 1 

18 


Prod. 

At 


Dry. 

I 


Gas. i 

1 


Bradford 


42 


139 


0 


0 


Middle Field 


46 


52 




3 


Venango-Clarion 


64 


81 


6 


- 


Butler-Armstrong 


23 


50 


4 


9 


Southwest Pennsylvania 




191 


17 


17 


West Virginia 


132 


I,3 f »5 


21 


35 


Southeast Ohio 


113 


1,043 


30 


3 


Total November . . . 




2,968 


84 


63 


Total October 




2,739 


8(1 


57 


Difference 




22 9 




6 


Summary of New Operations. 

Rigs 




Drg. 


Total. 


Allegheny 


6 




5 


1 1 


Bradford 






51 


70 


Middle Field 


O 




30 


32 


V enango-Clarion 






30 


49 


Butler-Armstrong 






18 


30 


Southwest Pennsylvania 






65 


91 


West Virginia 






203 


276 


Southeast Ohio 






96 


136 


Total November .. 


188 




507 


605 



ft 



At the annual meeting of the Cumberland Pipe Line Company, held at its 
office in Winchester, Thursday, Mr. John H .Gardner, of Salyersville, Ky., was 
elected a director in the place of Mr. H. 1’. Leonard, of Winchester. Mr. 
Leonard was appointed Assistant Secretary of the company. 

» * »t * 

The new hoard of directors is composed of Forrest M. Towl, President, 



If. B. Robinson, Vice-President, Oil City, Pa.; Joseph A. Geiger, General 
Superintendent, Winchester, and Mr. Gardner. 

* * * H: 

Mr. Gardner has been the attorney for the company for a number of years, 
looking after their interests in Kentucky, lie will continue to look after their 
legal business and in addition will take an active interest in the management of 
the company. Mr. Gardner is well known throughout the oil circles and by the 
legal fraternity of Kentucky. 

* # * * 

The Cumberland is going ahead with its improvements and has increased 
its capacity out of the State to fifteen thousand barrels per day. The Eureka 



additional amount from the Cumberland. 



BED ROCK OIL COMPANY. 



Total October 198 



546 



744 



Decrease 10 



30 



During the month just passed in the Pennsylvania, Southwestern Ohio 
West Virginia districts there were 500 completions reported, or 70 less than the 
preceding month. The new' production amounted to 2,968 bbls.. an increase of 
229 bids, when compared with the October figures. They were 84 dry holes 
and 63 gassers, a decrease of two in the first named and an increase of six in gas 
wells. 

At the close of the month this district showed 188 rigs and 507 drilling wells, 
a total of 695. In comparison with the October figures of 198 rigs and 546 
drilling wells, there is shown a decrease of 10 in rigs and 39 in drilling wells, 
making a total decrease of 49' 



I11 the extreme eastern part of the State, the Bed Rock Oil Company is re- 
ported to have made a good showing of gas in a test on the W. H. Connolly 
farm and the same company expect to soon start a test on Tick Lick Creek. 

! Near the town of Riceville, in the same county, White & Kirkpatrick are at 
40 work on a test well on the Sherman Rice farm, along Jennie Creek and if oil 
i is not found in the Berea sand the well will be drilled to a greater depth 
ami ^ in hopes of finding something lower down. 

To the west of the well showing gas owned by the Bed Rock; Oil Com- 
pany. in Johnson county, and about a mile and a half and about seven miles 
southeast of Salyersville in Magoffin county Welch and others have started a 
test on the Meadows farm and the Eastern Oil Company will drill wells on 
the Fairchild farm, on Big Paint Creek. 

Mason and Shirley’s test on the L. B. Smith farm in Wolfe county revealed 
a sand formation of 127 feet and is a 30 to 50 barrel well. The location is one 
and one-half miles west of the old Campion field and is on the waters of 
Lower Devil’s creek. 

In Jackson county, Goctman and Chilton have a 30-barrel producer at their 
No. 2, Alex. Blanton. 



(l 



THE OIL WORLD 



THE 



rublihlHMl Weekly by 
The Oil Publishing Co. 



OIL 



WORLD 



Devoted Exlusively to 
The Petroleum Industry 



D in the Yale district, the Twin State Oil Co., in Section 1-19-5, (Continued From Page One.) 

has completed a well that starts off at 300 barrels a day. It is reported Appreciation of Oil Men Voiced. 

that the Fortuna’s big well, which recently began its career at a rate of Appreciation of the presence of the oil men was voiced by Harry Giovannoli, 

So barrels an hour, is having water troubles, and its prospects are in Toastmaster W. S. Mitchell, of the Oil Mens Association told of the wonderful 

. , . . u 1 j , , , . . • .1 1 ,• increases in the use of oil as a fuel due to the European war, and the purpose? 

doubt. A 200-barrel producer has been completed in the Garber dis- ... T c , u c t r .. . 

1 . , of the Kentucky Oil Men s Association ; J. Will Stoll, Sr., spoke of the benefits 

_ trict by the Healdton Oil & Gas Company, and a Sinclair-Honnny well of the organizat jon ; Joseph Leiner, geologist, spoke of the possibilities of the 

in the Hominy district, Osage County, starts off at 125 barrels a day. Kentucky field; C. R. Dulin told of his first visit to the Kentucky field and of the 

III Okmulgee County, deep testing is the order of the day. Healdton development of the Irvine field; H. L. Leete, of Irvine, discussed the Irvine 

news is of the usual character field f rom the standpoint of the civil engineer, and Dr. Elmer Northcutt, of Mt. 

, Sterling, gave his experiences as a pioneer in the gas and oil territory. 



THE OIL PUBLISHING CO. (Inc.) Publisher. 



Office of Publication 



SECURITY TRUST BUILDING, LEXINGTON, KY. 

GUY BELL, Editor. J. L. TUCKER, Manager. 

Subscription Price, $2.50 per year. 



Yol. 1. 



SATURDAY, DECEMBER 15, 1917. 



EDITORIAL 



mager. In the Kansas fields, despite the energy of the drillers, no startling The meeting wag featured by good feeling  merrim ent, excellent music, 
discoveries are reported. A falling off in production in Butler County vocal and instrumental, Wallace Muir, Peter G. Powell and Joe Ran distin- 

is indicative of the fact that uncertainty is always a factor to be reck- guishing themselves in popular songs, beside the Three Joneses, loaned by 

oned with in the oil game. The scramble for acreage and the drilling Manager Gurnee, of the Ada Meade, accompanied at the piano by Mrs. Margaret 
No - 2 9 of tests go merrily on and better news may be forthcoming in the Acosta ‘ Kidd ’ s orchestra aided in the musical P art of the P rogram - 

weeks to come. * * * * 

* * * * Mrs. Louis Alexander brought the Association and its guests to their feet 

| In the Texas Panhandle district, a 2,500 barrel well, a 500-barrel by her A rendition of " My 01d Kentucky Ho ™ e ” ° n the violin accompanied by ’ 
I)*! , ,11 1 • , , • • Mrs. Acosta, many of the oil men singing the chorus and wild applause greet- 

one and several smaller completes add interest to operations. ing thc closing words of the song Stephen G Foster imm0 rtalized. 






INTRODUCING THE “NEW” OIL WORLD i * be Goose Creek pool, a 7,000-barrel spouter, partially closed "It’s a Long, Long Way to Tipperary,” also was popular with the crowd, all 

in, is the prize-winner of the South. In the strike-effected districts, rising in tribute to our allies in the world war when it was played as they did 

This will introduce our readers to THE "NEW” OIL WORLD, a publica- production is increasing regardless of the oil workers’ walk-out. Many wben “ Tlie Star-Spangled Banner” and America were rendered, 
tion that is now greatly strengthened by a consolidation of interests and the per- wells that were shut down when the strike became effective are being * * * * 

fection of an organization that will be ample in finances and men to cover the w orked by men brought in from other States. Prospects seem rather Dr. N°rth cl 'tt, made up like a “rube,” went through the crowd trying to self 
news of the great petroleum industry fully. r . • z *1 u . , . t . , , leases, amid cries of “Throw Him Out," and Patrolman John C. Langston en- 

^ * J - rliei'niinmnrr rnr fhneo urhn pvnpium f rv tnrpp Hip Anprolnrc frv tmbo 0 



Dr. Northcutt, made up like a “rube,” went through the crowd trying to self 



c , , , . c .1 , , , leases, amid cries of “Throw Him Out," and Patrolman John C. Langston en 

discouraging for those who expected to force the operators to make .... j „ . ,, u . . 

00 * r fliA n#»irrnt of thp am I arrpsfpn ( tPnrtrp Hinfnn an nnnrafn' 



We are glad that circumstances have brought about a condition that has •“ “ m , • tered at the height of the festivities and arrested George Hinton, an operator 

, • 6 , , . , , .. t . ,,, concessions, three thousand soldiers are on guard and no serious w i lri f nrmPr i v a mptnbpr nf tbr mndpl nnlirp nf Panada on a rhartrp nf 

made it paramount for the publication of a real oil newspaper at Lexington. Wc b wll ° tormeriy was a tnemoer ot tne moaei ponce 01 Canada, 011 a cnarge ot 

believe Lexington will eventually become a second Tulsa, that Winchester will outbreak of violence has been developed. beating up two drillers in his employ. 

be a second Muskogee, that Irvine will be a second Sapulka and that Beattyville * * * * * * * * 

will be a second Casper. In t he Eastern fields, the search for new pools fails to bring satis- Mr - Mitche11 P resided as toastmaster with as much grace and dignity as tne 

The Oil World has no axe to grind except to publish a paper that will be r . _ ... T n . r . u - , , , merriment of his associates would permit. He said in opening the banquet that 

for the best interests of every one affiliated with all phases of the business. We ... . . .. . 0 J ’ . 1 ’ important committees, including legislative and executive committees, had been 

are therefore strictly independent and shall endeavor at all times to portray our j "Uch draws '* s 01 ‘ * rom fhe Clinton sand, is the best well in the Buck- a pp 0 j n ted in the afternoon and that F. B. Tomb, of the Empire Oil and Gas 

views and news in the most unbiased manner. eye country’s weekly round-up. Kentucky oilseekers are exerting Company, Winchester, had been elected president. He said in part: 

Our chief object is to be useful— very useful, and if we continue to make themselves in the usual way and with customary results. I11 that and * * * * 

The Oil World a valuable medium for all concerned we will be happy. other oil States of the Central West, bad weather conditions, with • "The European war has had a wonderful effect on the future oil business 

Our friends, we are with you and for you, and will appreciate your further gno\y. rain and muddy roads, are having retarding effects on new oper- ol the world. Up to that time there had been some considerable activity in the 

friendship and co-operation. . ation ^ Kentucky oil men are much interested in a pipe line which is ™ ay ° f changing ocean - g ° ing vessels trom the use of steam to the use of oil 

o . . _ * . . for a motive power, but the advent of war has speeded all this up until todav a 

expected to connect the fields with Lomsville. The Illinois Pipe Line ncw era for oil is opening up greater than any it has hcret ofore enjoyed. 

PEOPLE’S INVESTMENTS. Company is credited with having such a project in its business pro- * » * * 

We have had a muffled panic. Market value of listed securities gram, but the rumor is not fully confirmed. The Ohio Oil Company " When Rocke f e ller went into the business the principal ingredient extracted 



Mr. Mitchell presided as toastmaster with as much grace and dignity as tne 
merriment of his associates would permit. He said in opening the banquet that 
important committees, including legislative and executive committees, had been 



has suffered one of the greatest declines ever known. 

* * * * 1 

Like all movements of that sort, it was in part merely a blind rush. 
As security values fell for cogent reasons, a lot of people with no 
cogent .reason for selling got frightened and unloaded. 



cogent reason for selling got frightened and unloaded. b  ’ operations of the usual kind. California’s labor troubles, which had 

seriously menaced oil-field operations, have been settled through gov- 

* * * * i .i-. ,• 1.1 itit • -,1 "The next great era in oil was that brought about by oil-propelled motor 

ernmental intervention and there should be an increase 111 the output ,. , . ... ... ... . . . . . j , , . 

r Thanks wholly to the new banking system, this violent distur- , .. , , .. . 1 vehicles. The automobile made .t a necessity to extract high grade fuels and 

bance of the security markets-even though it came along with the ° f tllC fieWs ^ *" " C t0 L ° me - Rasoli " e ™ the result until now millions of gallons of kerosene lie idle seeking 

. o a market, but the greatest evolution of the oil business is the one that is just 

huge financial burden of war— was handled easily and with practically dawning, that of supplying fuel for ocean-going ships. The advantages to be 

no reaction upon business. MID-CONTINENT PRODUCTION. derived from the use of oil as fuel are so many that it is an impossibility to get 

* * * * away from the fact that oil must be used in place of coal on ships. The aver- 

Many forehanded citizens who bought sound investments a year Estimated production of the fields of the Mid-Continent at the a s e coal c °n‘ains 14,000 heat units per pound; oil of 13 degrees Baume contains 

ago, or two years ago, suffer touches of heart failure when they com- close of the past week was as follows ; Caddo, 10,000 barrels ; Electra, ' icat unit ? t0 the pou " d of °' 1 }- Coal ( J rows off * ot which gathers in the 

pa re prese nt quotations with the prices they paid. I he remedy for 31.000 barrels; Corsicana light and 1 hrall. 1,800 barrels; Kansas, while the cofnblls tion of oil is almost complete. Boilers h*u* an efficacy of 65 
that is not to look at the quotations. Every investment that was sound 145.610 barrels; ( Iklahoma, outside of Cushing, Shamrock and Heald- degrees where coal is used and 83 degrees where oil is used, 
a year ago, or two years ago, is sound now. No one need be disturbed ton, 141,500 barrels; Cushing and Shamrock, 55,000 barrels; Healdton, * * * * 

in the least by the mere quotation of his bond. There is nothing now 5 8-575 barrels ; total, 443.485 barrels. “On some of the larger ships like the Lusitania which was sunk in the early 

in sight that threatens the permanent value of securities legitimately j * * * * part of the war by a German submarine and on the Mauretania her sister ship 

based on American industry *' bc estimated daily production of heavy-gravity oil in thc Gulf th ere are 192 boilers with an indicated horse power of 68,000. It is necessary for 

’’**** Coast field was 69.027 barrels ; Corsicana heavy, 500 barrels. 32 of these boi,ers t0 be cIeaned ever y watch and through the burning down of 

the fires in these boilers 10,000 H. P. is lost every four hours. This wasted 
\\ here war conditions bear heavily on industry, as in thc case | o power would all be saved by using oil. The furnaces would be fed by simply 

of thc railroads and public-service concerns, there is every reason 1o OIL JOURNAL turning a faucet. Each of these ships carry three or four hundred men to shovel 

expect that intelligent account of their situation will be taken by public ’ j coal into tbc boilers-these men must have sleeping quarters and food to eat. To 



g,„m, MUI me 1U.1.UI mil m..y iuiiiiiiiku. me umu v/u company » When Rockefeller went into the business the principal ingredient extracted 
is to construct five TS-O^'bnrrel tanks in the Fitchburg district, near and sold from which profit was made was kerosene and the production of crude 
Irvine. oil became so great and the consummation of kerosene was so limited that it was 

* * » * necessary for scouts to be sent out all over the world to stimulate the use of 

Other fields covered by Journal correspondents are characterized kcrosene for bating purposes. This was Mr. Rockefeller’s era. Out of it he 
1 ..,.,.1 Ci '1 r. i:# i,.i. i,„.i rca P ed * he greatest fortune of any American. 



bodies. • I Thanks to Carl Robbins, editor of the Winchester Sun, for the following I th e car g 0 ca pacit y 

kind words— a box of cigars to you for Christmas, old boy! * * * * 

After the panic is exactly the time not to get discouraged. "The Oil World will be the name of a new oil paper that will make its ap- “The method of carrying oil in place of coal also tends to a great economy 

0 pearance in Lexington on December 15, according to a story in the Lexington ' n s P ace - Modern ships are built with double bottoms for the purpose of safety 

AffTTRSFDI . I (• 1 . and between these double bottoms the space is divided into tank compartments 

1 ,K ' ° ‘ Un *' ' where water is used for ballast. This space can all be used for fuel and when 

“Mr Guy Bell, who has been editor of the Irvine Sun for the past two years, the oi , is drawn 0lIt from each onc of these compartments it is immediately filled 

When you pay the extra one-cent stamp on your letter, blame the [ and J. L. Tucker, of Pittsburg, have formed a partnership whereby the Irvine with sea water and the ship remains steadily ballasted. This reduces rolling and 

Kaiser. i Sun and the Oil World, of Pittsburg, of which Mr. Tucker has been editor for tends to guard against accidents. 

* * * * tiie past year, have been merged and will be issued under the name of the Oil * * * * 

When you pay that extra Pullman and railroad fare, blame the World. ! “Two of the ships recently taken over by the United States Government arc 



] coal into the boilers-these men must have sleeping quarters and food to eat. To 
dispense with the services of the 400 men would add all of this area to increase 



After thc panic is exactly thc time not to get discouraged. 



ACCURSED! 



Kaiser. 

* * * * 

When you pay from five to fifty cents more to go to the movies 
or to the theater, blame the Kaiser. 



“Offices have been opened in the Security Trust Company building in Lex- 
ington. 

“Mr. Bell is well known to the oil fraternity of this state and has been 
c.uite successful with the Irvine Sun since assuming the management of that 



the Finland and Kroonland, These ships were first built to burn coal but hav * 
been changed to oil burners. By doing so they have reclaimed a space in which 
they can carry 3,680 tons and have reduced their working force from 75 to 12. 



and Italy devastated by war and the suffering and slaughter on the ; 
battlefield, blame the Kaiser. 



MENU. 



* * * * paper. He has made a feature of the oil game and the appreciation of his efforts MENU 

When you pay that extra tax on your club dues, blame the Kaiser. ; are shown by the number of people all over the country who take his paper. 

When you pay thc extra cost for parcels post, for your telegram, "Mr- Tucker comes to Kentucky as an experienced oil writer. L0G 

or cablegram, blame the Kaiser. " Tlie venture of a strictly oil journal in Kentucky is another evidence of the Canape of Caviar 

* * * * fact that the oil operators place much confidence in the Kentucky field. Worth a sporting chance 

When you send a Christmas box to vour boy on the firing line, or “ With Winchester as the practical hub of the oil industry of Kentucky, it is I0 t0 r it goes two ways 

on the battleship, blame the Kaiser. puzzling to the Winchester people why the oil journal should be established in Celery and 0lives 

* * * * Lexington, unless it is due to the fact that Editor Bell, realizing and being well q.j e j be sand ]j| le on so y ou can pull it up if she 

. , , . i, , • • r  T-, acquainted with Lexington that he would be up against more lively competition ct; P p e ; n tbp n«mr 

When you read of homes in Belgium, in Servia, Rumania, France . ‘ . * sucks in tne casing. 

, , ,,, «■• 1,1. .1 in Winchester, as is evidenced by the Lexington papers making themselves con- c*, T pn Wivruc 

Italy devastated by war and the suffering and slaughter on the | Halted wafers 

dicld blame the Kaiser. I SI " cl,0US in the 0,1 world by not pu,tinfI out anyth,ng l0 ' vard secunn S real bve This is only a stray sand, don’t pay any attention to it 

^ ^ oil news, depending wholly upon copying the news from their exchanges. Fried Filf.t of Sole Tartar Sauce 

“The Sun gladly welcomes the ne\v enterprise to the field and wishes the This don’t refer to half-sole, but to-never mind, eat it; 

It T l. 1 i 1 1, n /«* ., P .lm P „wb. in I i-nii O 11 on/ 4 lw» mn**/lzil* 



When you read of the Zeppelin raids in London, and the murder 
of innocent civilians, school children at play, the aged and infirm in 
hospitals or wounded in care of the Red Cross, blame thc Kaiser. 

* * * * 

And when you say your prayers at night, pleading with the good 
Lord above for all his tender mercies, bear in mind that he has said ; 
“Vengeance is mine. I will repay.” 

0 

WEEKLY REVIEW OF THE FIELDS. 



in Winchester, as is evidenced by the Lexington papers making themselves con- 
spicuous in the oil world by not putting out anything toward securing real live 
oil news, depending wholly upon copying the news from their exchanges. 

“The Sun gladly W'elcomes the ne\v enterprise to the field and wishes the 



owners much success in their undertaking.” if the saucc bllrns  spit it out 

0 J ulienne Potatoes 

SEES HIGHER OIL PRICES ^ ut 011 a mother-hubbard packer and set your casing — 

you’re all right from here on. 

R. D. Benson, president of the Tidewater Oil Company, is of the opinion that Filet of Mignon Mushrooms 



Setting up rig 



Spudding in 



Dry Shal% 



Fresh Water 



Brown Shale 



SEES HIGHER OIL PRICES 



prices of crude oil will reach higher levels during the coming year. The demand 
he says, is so far in excess of production that large inroads have to be made 
on surplus stocks to meet requirements. 

In the first nine months of this year crude oil marketed amounted to more 



This sounds like an ofiera but she won’t sing 
unless you have indigestion. 

Asparagus Hollandaise 

If this gets in Dutch shoot her with 20 quarts. 



than 254,000,000 barrels. In August and September the production was in excess Hearts of Lettuce, I lioenix Dressing 



Gumbo 



Blue Shale 



One of the interesting items of the week s news of Oklahoma oil of 30,000,000 barrels a month, or at thc rate of 360,000,000 a year. The marketed y . - 

. . . .... . , , Saratoga Wafers a la Lexington Hard Cap- 

operations is the announcement of a Lushing held extension, two miles production in 1916 was approximately 300,000,000 barrels. d . „ 

to the west and one and one-half miles south, in Section 30-17-17. The Consumption of crude oil in the first nine months of 1917 totaled 264,000,000 Ghocolate j ce Gream Top Sand 

well belongs to the Cushing Development Company and, as this is writ- barrels. In August and September crude oil was consumed at the average I{ - t wasn - t for tbe $ 2 25 a barrel we C0lddn ' t do t i dSi 

ten, has the marks of a profitable producer, although not yet drilled in. monthly rate of 32,200,000 or an annual rate of 386,000,000 barrels. Consumption Assorted Cake Pay Sand 

In the Blackwell district, a 600-barrel well, drilled to thc so-called at present is running therefore 26,000,000 barrels a year ahead of production. p ld l your too i s out and i et h er dr jn herself in. 

shallow sand (1,770 to 1,790 feet) by the Southwestern Oil Company, At the end of September there were 164,000,000 barrels of oil in storage Demi Tasse Oil 

has attracted attention. The same company, in thc same vicinity, has being 25,000,000 barrels less than the amount available early last year. Bail her down dry and see what she shows in the morning, 

a 300-barrel well ; the Kay & Kiowa company a 350-barrcl producer. New oil fields arc becoming farther removed from refining centers and the Speeches Gas 

and the Blackwell Oil & Gas Company a 500-barrel well. The latter cost of getting crude out of the more distant fields is tending to increase the Champagne Shot 

was drilled to a depth of 3,357 feet. market price. , P. S.-There is no law against running the bailer any time you feel like it. 



Hard Cap 



Top Sand 



Pay Sand 



f 





and saved in stoke-hold wages $6,ooo a month. On recent tests which have been 1 Lexington, Mr. Giavonnoli said, did not pose as the only city in Kentucky M. B. Wescott, Hyden, Ky.; \\ . E. Williams, Lexington; II ( la  MiKcc, 
made on vessels burning coal one ship being sent over the same trip burning oil which had attractions for the oil operators, but its citizens were desirous of doing \|t Sterling ; Y. S. Beatty, Shelbyville ; J. \V. Stoll, I-exington ; . 1 . R. Downing, 



for fuel, saved over 20 per cent, and 20 per cent, profit is sufficient to go after everything in their power to help to develop the big oil fields of Eastern Ken 
so that at the end of this war oil will be the fuel in place of coal on ocean-going tuckv. 

4ihips. | * * * * 

*  * * * » Samuel Bell Speaks. 

“On account of the necessary shutting down of boilers which bum coal so Samuel E. Bell, general manager of the Empire Oil and Das ( ompanv, 
that they may be cleaned the efficiency of the trailer is lost to a very great per Louisville, an oil man who has been in every American field, discussed tin 
cent., whereas in the use of oil a ship maintains its constant speed right up to advantages of organization. In the beginning he paid a poetic tribute to Ken- 
concert pitch for the full 24 hours. For this reason all of the navies are at the “icky which was warmly applauded by the appreciative Kentuckians present, 
present time using oil and for this reason also all the ships of the future must 



use oil. 



* * # * 

“As it takes 112 tons of oil to propel a 22,000 ton ship one day and as the 



One of the advantages of organization, he said, was to remedy the title 
situation in Kentucky and he urged that this be done at the coming session of 



Lexington; J. E. Bassett, Lexington; Frank A. Herald, Lexington; Leo. B. Mc- 
Camey, Winchester; Harry Skelly, Winchester; ('. C. Boiler, Winchester; 
C. W. Hupp, Xena; R. B. Whitehead, Winchester; G. U. Brooks, Lexington, 
Virgil O. Wood, Winchester; I E. Kes, Winchester; J. (1 Metcalf, Winchester; 
G. ('. Harned, Winchester; E. . 1 . Shetter, Parkersburg, W. Va. ; D. L. 1 hotnis, 
Oil City, Pa.; W. T. Wool folk, Lexington; .las. A. Geiger, Winchester; Waiter 
Kempt, Lexington; . 1 . Sherman Porter, Lexington; I! S. Perkins, Louisville; 
J. A. Woolfolk, Louisville; Stanley J. Wilson, Lexington; J. h. Hanrahan, 
Detroit; H. M. Caldwell, Lexington; . 1 . M Turner, Winchester; M. : . 



the legislature. He pointed out some of the difficulties with which the oil men I 



Adams, Beaumont, Texas; I. II. Dugan, Winchester; Windham Phiniv 



| had to contend and urged that the organization take up the question of titles, j 



Thompson, Conn. 



world's mercantile marine has fifty million tons of shipping, it would therefore cspecially relating t0 leases which he said able lawyers had declared require the 

signature of the wife of the owner of the land the same as a deed. 



take over six hundred million barrels of oil to furnish the power to keep that 
tonnage moving. 



* * * * 

"In addition to this it will require to supply the navies of the world at least 
seventy-five million barrels additional. This makes a total amount of fuel oil 
necessary for the world's purposes today six hundred million barrels. The 
entire world’s production of oil in 1916 was four hundred and twenty-six million 
million barrels only, of which the United States furnished two hundred and 
ninety-two million barrels and millions of barrels more per year must be found 
and produced. 

* * * * 

“Therefore, if occasionally you drill a dry hole and feel somewhat discour- 
aged and want to go away somewhere where the sleeping quarters are a littie bit 
more comfortable or if something does not go just right about the drilling ma-| 0r g an j za ti 0 n. 
chine, and your disposition seems a little bit out of order, move over your 
machine and start another hole, because you are in the greatest business in 
the world and it will continue to be so as long as you and your children and 
your grandchildren live.” 



» * * * 

J. R. Hunter, New York; George C. Hinton, Seattle, Wash.; H. E. Ha . 
* * * ; Irvine, Ky.; John M. Slagcl, Pittsburgh, Pa.; C. E. I.ize, Winchester; Carl K 

He advocated a slogan of advancement of the industry in Kentucky until i) res ser, Bradford, I’a.; S. B. Yanderboort, Jamestown, X. Y.; W. G. Boeder 

Lexington; G. G. Grimes, Lexington; If. B Wright, Lexington; R. L. Dit'o. 
Lexington; E. O. Rhodes, Lexington; J. P. Freely, Lexington. 



the State should be second to none in the Union. 

* * * * 

Mr. Bell gave a toast in honor of the oil men now in the army and navy, 
which was drunk standing. 

* * * * 

J. Will Stoll Pays Tribute. 

J. Will Stoll was called on by Mr. Mitchell and paid tribute to the dreamers 
of the world and expressed his agreement with the idea of benefits to be derived 
from organization. He told what organization means in the banking business 
and declared that no definite or valuable result ever could be achieved without ! Tulsa, Okla.; J. Gourley, Los Angeles; E. L. Benson, Robinson 



Willard Spencer, Winchester; G. Russell Hagerman, Winchester; Joseph 
11 . Mills, U. S. A.; Martin Kelly, Hazard; F.dgar Richardson, Stamping Ground, 
Charles M. Purdy, Cleveland; John Bahan, Winchester; II. B. Robinson, Oil 
City, Pa.; A. M. Miller, Lexington; L. I.. Roberts, Lexington; Fred Miles, 

; 1. C 



* * * » 

Mr. Tomb is Cheered. 



ington; F. B. Jackson, Lexington. 

* * * * 

E. W. Ewells, Lexington; Oliver Kash, Jackson, Ky.; K. D. Redmon, Lex 
Rex G. Carpenter, Lexington; S. P. Schwiberger, Lexington; Georg? 



| Hevdrick, Irvine; W. P. Craddock, Winchester; W, E. Purtle, Bradford, Pa.; 

* * * * Y. Alexander, Lexington; L. B. Shotise, Lexington; Shelby T. Harbison, Lex 

Mr. Stoll told of a previous dinner at which he had met F. A. Barker and 
how he had been aided by him in the Liberty Bond campaign in Estill county, i 
and he paid eloquent tribute to the courage and character of Colonel Barker, 
whom he took to be representative of the men developing the oil industry in ; 

Kentucky. At his suggestion the oil men and their guests rose and stood i j nKton . 

with bowed heads for a minute in silent tribute to their friend who had!,,. ' , . r , ,, , . 1- c  • 

| . : W. Easton, Lexington; R. P. Sheeley, Lexington; L S George, Lexington , 

Mr. Tomb was cheered heartily as he rose to speak. He said the purpose I I iassea - ,, „ , \ i  ir.,,1. 

^ , , , • , . » . * • * * » * Truman M. Hall, Lexington; A. B Jones, Lexington, victor iur.lv, 

of the Oil Men s Association was to develop the industry in Kentucky and to . . . . 

develop a social feeling among the oil men who came into the State. He ex- i Joseph Leiner Heard Next. Lexington; f . F. Jones, Lexington; Fred G Stilz, Lexington; W. M. .0 

pressed the hope that all oil men in the State would join the association and help Joseph Leiner, geologist, was next called on by Mr. Mitchell, and he told risli, Leington ; William H. Porter, Lexington; S ( Alhce, Winchester; 1 laude 
in the work. 1 some of the possibilities of the Kentucky field. He said a small geological ex- E. Hoover, Irvine; G. P. Trout, Beaver Dam; F. Y Fowler, Irvine; D. S. Jolu;- 

* * * * | pense sometimes would save thousands of dollars and urged more careful geo- j ston j rv j ne . jj \ Ramscv Lexington. 

The objects of the Oil Men’s Association as stated by Mr. Tomb are: logical investigation before drilling, but lie expressed admiration for the operators 

* * * * j without knowledge of geology who had an open mind on the subject. His 

“To give information to the public as to the advantages of the oil possibili- | address was an able and learned discussion of the geological formation of the 

ties to the State of Kentucky. 



W. S. MITCHELL, Toastmaster, 
Kentucky River Oil Company. 



“To devise ways and means to bring about the most effective way of de- 
veloping the oil and gas resources of Kentucky. 

* * * * 

“To develop a fraternal feeling among the oil men in Kentucky, whether he 
be an operator, driller, owner or investor. 

* * * * 

“To secure these results this organization has been effected and with the 
enthusiastic support of the members that wc have received today — I have no 
no doubt as to the permanent results.” 

r Progress of the Oil Business. 

Mr. Mitchell then called attention to the progress of the oil business, in- 
cluding the increase in the price of oil, part of the credit for which was given 
to the war and the stimulation of the oil business due to the increase in the use 
of oil as a fuel for ships. 

, * * * * 

Mr. Mitchell told of the eras of the oil industry, from the first use as kero- 
sene, to the use to propel vehicles and to drive ocean-going vessels. He told 

^^^^great saving effected by the use of oil as a fuel. He said the oil business 
^^^the greatest business in the world and that it would continue to be the 
greatest business in the world. 

* * * * 

At this juncture Patrolman J. C. Langston came in and made a fake arrest 
of George Hinton, for twelve years with the model police of Canada before he 
became an oil man, on the charge of "beating up” a couple of oil dressers. The 
pair went outside, Hinton seeming to argue with the officer, the oil man wearing 
Langston's cap and the two dancing arm-in-arm. 

* * * * 

“Oldest and Most Consistent Operator.” 

Harry Giovannoli, editor of the Lexington Leader, was introduced and very 
cordially welcomed the oil men to Lexington. He said he supposed the reason 
that he, a mere newspaper man, was asked to participate in a feast which was 
confined exclusively to oil men was that he was the oldest and most consistent oil 
operator in the room. Mr. Giovannoli explained this by saying that twenty-five 
years ago he bought forty shares of stock in a Wayne county oil company and 
he still had the stock. After giving greetings and welcome from Lexington 
Mr. Giovannoli read a number of telegrams from bankers and newspaper men 
in Wichita, Tulsa, Shreveport and other western oil centers telling what tremen- 
dous things had been done for those cities by the oil business. 



Southern Appalachian region. 

* * * * 

C. R. Dulin Is Heard. 

C. R. Dulin, of the Dulin Oil Company, was the next speaker, told of 
his first visit to Kentucky in 1879 when his father drilled the first well in the 
Big Sandy valley. He told of the development from 400,000 barrels a year at 65 
cents a barrel to 100,000 barrels a week worth $2.50 a barrel. 

* * * * 

Mr. Dulin said he came to Kentucky because he thought it the best state in 
the Lhiion for the poor man to hunt for oil because of the shallow depth and 
little casing needed. He said Kentucky was one of the coming oil States and 
he had no doubt would soon he the richest oil State in the Union. 

* * * * 

Leete Tells of Irvine Fields. 

H. L. Leete, of Irvine, civil engineer, discussed some of the wells in the 
Irvine field. He said the field had been a wonder; some had gone to water, some 
had grown stronger. 

♦ * * * 

Mr. Leete joined in tribute to Colonel F. A. Barker and his work in Estill 
County among the boys, his organization of the troop of Boy Scouts at Irvine 
and his work as an oil man. 

* * * * 

Mr. T.eete gave credit to Fred and Jim Ilillis for the development of the 
Irvine field. 

* * * * 

Northcutt Sank First Well at Ragland. 

Dr. F.lmer Northcutt, of Mt. Sterling, who sank the first gas fell in the 
Ragland field twenty years ago, told of his conviction at that time that there 
was oil in Kentucky and of drilling 1.54 wells in the Ragland field before strik- 
1 ing a dry hole. 

* * * * 

Dr. Northcutt told of drilling the first gas well, unaided except for 850 
outside capital, in the Menifee county gas field. 

* * * * 

Dr. Northcutt expressed appreciation of the efforts of the oil men to 
develop the industry in Kentucky. 

* * # * 

The oil men then sang “America,” led by Kidd's Orchestra, and the 
meeting was over. 

* * * * 

E. G. Bergman, steward of the Phoenix, had charge of the arrange- 
I ments for the banquet and greatly pleased the oil men and their guests 
by his efficient attention to the details of the affair. 

* * * * 

Resolutions on Col. Barker’s Death. 

The resolutions on the death of Colonel Barker adopted in the 
afternoon follow: 

* * * * 

“Whereas, In the wisdom of Almighty God our friend and fellow as- 
sociate, Frederick A. Barker, has been removed from our midst, and 
"Whereas, In character, disposition and demeanor toward his fellow 
men, Frederick A. Barker displayed at all times a wholesomeness tint 



* * * * 

L D. Rowlett, Jr., Lexington; A. E./Frcel, Lexington; 1 . B. Irvan, Lex 
ington; T. W. Morse, Lexington; R. S. Pringle, Bradford, Pa.; G. B. Harmon. 
Tulsa, Okla.; L. C. Heberling, Winchester; Will F.. Cockev, Lexington; O. L. 
Walker, Parkersburg, W. Va.; S. L. Titas, Warren, I’a., and/'.. C. Allen, Win- 
chester. 



F. F LOOMIS, \ ice-Prc'ident, 
Kentucky Oil Men’s Association. 

E. E. LOOMIS, A BIG MAN. 



made his presence a pleasure while in his company, and 

"Whereas, In the death of Mr. Barker the Kentucky Oil Men’s Asso- E. K. Loomis was born at W illiam-town, Giant . •   ’ 1 u t y . Kentucky, of a large 
ciation has lost a member whose knowledge of the business, fairness of a n | influential lamilv of northern Kentuckv, which i- closch connected with the 

his dealings and interest in the intelligent development of the oil field fami i y of the sa me name which is so well known 1 men everywhere as manu 

of Kentucky caused his counsel and advice to be sought on all occasions. | 

“Now r , therefore be it Resolved, That the Kentucky Oil Men’s Asso 



ciation, in meeting assembled on this eighth day of December, 1017, at the 
Phoenix Hotel in Lexington, Kentucky, do hereby collectively and in 
dividually extend to the family of our lamented associate, their heartfelt 
sympathy in this hour of deep bereavement and that this resolution he 
printed in the newspapers of Lexington and at Irvine as a public testi- 
monial of his ability and sterling worth and that this resolution he spread 
in full on the Minutes of the Association as a permanent record of his 
memory'. 

"Respectfully submitted, 



(Signed) 



“S. F. BELL, 
"BYRON REED, 
"WALLACE MUIR, 



“Committee.” 



These Were at Banquet. 

Those who attended the banquet were : 



facturers of oil machinery and supplies, lie started his business career - circuit 
court clerk of his county at the age of jj, filling out hi- term with credit, al- 
though the youngest clerk ever elected in that county. 

At the end of his term he went into tin employment of the Standard Oil 
Company, remaining with this great concern for six years. 

lie left the Standard to go into business for himself in real estate, at widen 
he made a complete success; and, until he went into the oil producing business, 
was the only exclusive real estate auctioneer in Kentucky, and has held many 
of the most important sales in the United States in the past few years. 

With the opening of the oil field in Eastern Kentucky the past year he went 
I into the producing business; at first modestly but gradually becoming more and 
I more interested until today he has practically given up every thing to care for 
(his growing interests. At present he is President and Director of the Green 
i River Oil and Gas ('otnttany with holdings in Lee and Wolfe counties upon 



I which it is operating, and assistant secretary in charge of the main office and 
E. G. Pike, Tulsa, Okla.; A. C. Phillips, Philadelphia, Pa.; F. H. Park, director and chairman of the development committee of the Blue Grass Oil Com- 
Pittsburgh, Pa.; W. W. Agnew, Parker’s Landing, Pa.; Samuel F. Bell, South- ^ M js bl|silv in developing it , promising holdings near Torrent, 

port, Pa.; C. B. Kcllev, Chicago, 111 .; H. Giovannoli, Lexington; K B. lomb, f „ , . _ v , , , 

president of Oil Men’s Association of Kentucky; W. S. Mitchell, Winchester ;| Kcntuck - V ’ 111 Lcc antl Wolft co " nt,es Nc " hcr of ll,csc companK ' s ari ' stock * 
E. E. Loomis, Winchester; C. D. Pratt, Irvine; B. V. Hole, New York; Joseph 1 filing concerns, but are engaged in the search for production, being financed 
Lemer, Winchester; D. E. Fritz, Robinson, 111 .; H. L. Frese, Irvine; H. L. j before they were organized. 

Leete, Irvine; Frank Henderson, Lexington; I). A. Russell, Frankfort; George Mr. j oom j s election to the office of First Vice President of the Kentuckv 
IT. Sager, Winchester; C E. Bryan Parkersburg W. Ya.; T. H. Low, Washing - 1 q., ^ Assoda(iou #n( , his positio „ as chairman of the important trouble 
ton; Sam V. Metzger, Louisville; V. H. McNutt, Lexington; A. G. Jackson, 



Louisville; Samuel Hays, Lexington; A. M. Steinberg, Lexington; J. L. Tucker, 



| Committee thereof have both come to him because of service he has given to the 



F. H. Park, Pittsburgh; John R. Neiding, Cleveland; Clarence Miller, Irvine; 'oil producers’ cause and the interest lie has taken in the organization of tin- 
A. O. Self, Winchester; C. M. Blake, Winchester. Association to look after their interests. 



f 




6 



THE OIL WORLD 






FOR INVESTORS 



We have been going through a Big Men's scare. A lot of little speculators 
' were shaken out of the market, while most of the small investors who had paid 
lor their securities held them through the panicky demonstration and will 
hold them until they get their money back, or make a profit. 

The recent serious decline, sharply accentuated as it was by bears strug- 
gling to cover their shorts, once more emphasizes our constant argument in 
favor of cash dealings in Wall Street in preference to operating on a margin. 

Many an investor who had bought more than he could carry was com- 
pelled to sacrifice his holdings during the break. The American people want to 
gamble. There are more speculators than investors and, nine times out of ten, 
the speculators are on the losing side, and the investors on the winning side. 

1 know a number of investors who have made money in Wall Street, but 1 I 
know a hundred times as many speculators who have lost. 

Big Men scare easily. A contrary impression may prevail, but it is natural 
that those who have much at stake should worry most, while the small holder, 
realizing that he can stand a loss, will await with patience the outcome of the j 
market’s perturbations. 

Whenever unfavorable symptoms appear in Wall Street, heavy operators 
begin to magnify them. The small investor is less concerned. The big oper- 
ator may be at the mercy of his banker. The latter may call in his loans or | 
discriminate against some securities held as collateral. The small investor, with | 
his securities bought and paid for and stowed away in his safe deposit box, has j 
less to fear. With him, it is business as usual. 

5., Halifax, N. S.: Aetna Explosives seem now like a promising spccu-j 
lation. 

C., Rochester, X. V.: Anglo-French bonds are safe. Dominion of Canada 
5's are also good. 

1.. , Connellsville, Penn.: Woolworth common, paying 8 per cent., is a 

good business man’s investment. 

P., Dansville, Penn.: It is safer to invest your $1,000 in good short-term 
notes, hut Union Pacific is desirable. 

5., Keedysville, Md. ; The recent manipulation of United Cigar Stores with 
disastrous results to investors brought the stock into disfavor. 

K. , Washington, X. J.; B., Seattle, Wash.: If reported earnings and present 
dividend rate are maintained, Ingersoll-Rand common would be a good pur- 
chase at $250. Owners of the stock would better hold than sacrifice. 

S., Rockville, Conn.: Colt’s Patent Firearms Company has profited largely 
by war orders. Peace must necessarily cut into its revenues. Swift & Company 
and Utah Copper should continue to prosper after the war. 

S., Buffalo, X. Y;: I do not advise purchase of St. Paul stock. The road': - 
outlook is improving. Canadian Pacific and X. Y. C. declined because of de- 
crease of earnings. Central Leather common is a fair speculation. The pre- 
ferred is better. 

M. W. Somerville, Mass.: Theer is only one good stock on your list. 

So. Pac. is among the most desirable railroad issues. Erie common is a poor 
long-pull speculation. I do not advise purchase of such speculative issues as 
Fulton Motor Truck and Loew’s Boston Theatres. 

P., Iowa City, Iowa: While Anaconda has speculative attraction, a good 
industrial or railroad stock is preferable to a mining stock. Montana Power 
' common is a business man’s investment. The preferred is safer. I do not 
advise purchase of stocks of new and untried motor companies. I 

A., Fargo, X. D. : You might invest your $1,500 in such reasonably safe div- 
idend payers as American Smelting pfd. ; American Sugar pfd.; American 
Woolen pfd.; Atchison pfd.; U. P. pfd.; Bethlehem Steel 8 per cent, pfd.; Corn 
Products pfd.; U. S. Rubber 1st pfd.; or U. S. Steel pfd. 

Vni ’ A . ■■ 1 4 i i . « i r-l isw lly tin * timr - ta Lur - Aiwrie-an Malting common. 
There are arrears of over 33 per cent, on first preferred and over 166 per 
cent, on second preferred which will have to be paid off before common falls 
into line for a dividend. The first preferred is more desirable than the 1 
common. 

F. , Mt. Vernon, III.: Stocks making a good yield and having a speculative 
element are Central Leather common, Chesapeake & Ohio, Colo. Fuel & Iron,! 
Inti. Xickel, Kennecott Copper, Midvale Steel, Penn. R. R., Sinclair Oil, l T . P., 
U. S. Steel, Bethlehem Steel, Westinghouse Electric and W. U. Tel. 

C., Los Angeles, Calif.: Western Union Tel. is a well-regarded corpora- j 
tion. Its earnings are large and it pays 6 per cent., which dividend seems likely 
to be maintained. The stock declined with all other stocks, even better ones 
than W. U. At present figure W. U. is a fair business man’s speculation. 

FI., Bristol, Va. : Kansas City Southern com. is too long a pull to be j 

recommended. Buy the pfd. Midvale Steel Co. is doing an immense business. 
The stock looks like a fair business man’s investment. Willys-Overland reports j 
excellent earnings. U. P., X. & W., Atchison, So. Pac., and Penna. are invit- 
ing at present low figures. 

K„ Boise, Idaho; Although Chino and Inspiration are among the better 
class of coppers, industrial or railroad preferred stocks are more desirable. 
Union Pac. looks like a good purchase. American Motors Corporation, paying J 
no dividend, is not attractive. Amco Motor is controlled by Springfield Motors, 
which is in receivers’ hands. 

I). Xew York: Colo. Fuel & Iron is a Rockefeller property. The company 
is earning at the rate of over 18 per cent, on common. Indications are that 
the 3 per cent, dividend will be increased. Wabash pfd. A and Tobacco Pro- 1 
ducts are fair speculations. The pfd. stocks of the seasoned dividend payers, 
industrial and railroad, are safer. 

M„ Xew York City: Better hold than sacrifice Mo. Pac. pfd. and Brooklyn 
Rapid Transit. The latter’s dividend may be reduced, but it will probably yield 
a fair return o purchase price. I have not a high opinion of anv of the cheap- 
stork oil or mining companies. Crown Oil is highly speculative, hut it may | 
he advisable not to sacrifice your shares. 

S., Toledo, Ohio: The outlook for purchasers for Alliance Tire & Rubber j 
Company’s stock is anything but bright. Four of the company’s promoters have 
been indicted on the charge of using the mails to defraud, and the Associated 
Advertising Clubs of the World's vigilance committee has declared that the , 
company misrepresented its resources and operations. 

L. , Evansville, Ind. : U. S. Steel common and Utah Copper appear at this 
lime reasonably safe business man's investments. Cuban Cane Sugar pfd. is a 
dividend payer and a fair business man’s speculation. The common pays no 
dividend and is less desirable. St. Paul common is now in the speculative class, j 
Midwest Oil common has possibilities. 

G. , XI ill vale, Penn.; Ray Consolidated and B. & 0. common are dividend] 
payers and fair speculations. South Penn. Oil is one of the Standard Oil group j 
and is making good returns on market price. Among the best purchases at 
this time arc preferred stocks and bonds of seasoned dividend-paying industrial I 
and railroad corporations, and good real estate and farm first mortgage bonds. 
Reported earnings make Phila. Co. common attractive at present price and 
dividend. 

M. , Toronto, Out.: Your list of bonds is excellent. The two debenture 
bonds and the City of Bordeaux bonds are not so desirable as the others. It 
is a good idea to invest some of your funds in the preferred stocks you mention, j 
Get the Bethlehem 8 per cent, preferred. There is no Penn. pfd. Xo bonds in 
the world arc safer than the Liberty Loan bonds. These bonds are attractive 
both as an investment and a speculation. I think well of the Canadian Victory 
Loan. It is always safer to buy outright, but the partial payment plan is good 
for an investor who can spare monthly a stated amount of money. 

0„ Brooklyn, X. Y, : The surplus of Wells-Fargo & Co., for 1916 after 
payment of dividend was over $3,000,000. The express companies have peti- 
tioned the I. C. C. for permission to increase their rates, showing that their 
business has been injured by war conditions. Evidently a state of peace would 
benefit Wells-Fargo. The par value of Ohio Oil is $25. Plans for paying a 
stock dividend do not seem to have been worked out, but the large and increa' - .- 
ing surplus must some day be distributed. The company did well before the 
war and should do well afterward. Josevig-Kennecott Copper is highly 
speculative. 



| War Creek Dome in Eastern Kentucky | 

Supplementing an article which appeared in an October issue of the Irvine 
j Sun, discussing the geological structure passing through the northorri portion of 
Breathitt county, known as the Wilhurst anticline, and as we promised our 
leaders in a recent issue of The Sun we are now prepared to definitely report j 
the results of recent carefully worked out detailed geological surveys. 



In this issue we will confine ourselves to the War Creek district. In 
subsequent issues will be added from time to time as fast as the geological 
work progresses, the results of surveys in this very interesting district, i. e., j 
the northwest portion of Breathitt county and the area lying westward toward 
the Lee County production. 



The survey in question began on the Kentucky river a short distance from j 
the mouth of Troublesome and followed in a general way the course of the ; 
liver to the mouth of War creek, near the Lee county line. From point of I 
beginning the structure rose gradually until a point about halfway between | 
the mouth of Troublesome and the mouth of Mill creek was reached. At this [ 
point the dip had increased to over 60 feet to the mile. 

* * * * 

When the survey had progressed westwardly to a point described as being 
about one mile south of the mouth of Mill creek near the divide between the 
waters of Mill creek and War creek the dip had increased to about 80 feet to 
the mile. The apex of the dome being established a short distance further 
west and not far from a point on War cr^ek, directly west of a line drawn 
from the mouth of Troublesome. This anticline, though the survey is not 
y et completed to its western terminus, appears to embrace practically all of the 
territory of the War creek and Mill creek watersheds, and to extend to and 
possibly beyond the Lee county line. This structure seems to approximately 
parallel the Wilhurst anticline. 

Copes Branch Well. 

One of the most portentious developments as a result of recent drilling 
operations is the well of the Southeastern Oil Company on Copes Branch in 
the east central portion of Breathitt county and which if regarded in relation 
to the Lee county field extends that field eastward by some ten miles. But this 
well is particularly interesting as it was developed south of the synclinal basin 
running eastward from Jackson and several miles north of the Long’s creek 
struct tire which traverses the southern portion of Breathitt county, passing 
through or near Crockettsville. Such information as is available would not 
indicate that the structure passing through Long’s creek district has sufficient 
breadth to carry it so far north as Cope's branch and the district around Cope’s 
Branch has been regarded as lying too low for oil accumulation. 

* * * * 

So far as we know no detailed survey has been made of that area lying 
between Cope's branch and the recently well established dome on War creek, but 
it seems unlikely that the oil-bearing structure extends northward through 
to War creek uless it does so by a circuitous route which would carry it 
westwardly through the east end of Lee county around to War creek, thus 
avoiding the probable intervening low - formation extending westwardly from 
Jackson, and therefore, unless identified as a part of the Long’s creek structure 
extending to an almost incredible distance northward or as an erratic cir- 
cuitous extension southward of the War creek structure. The Cope’s Branch 
discovery must be explained as strictly local structure and probably what might j 
be termed a secondary dome arising from a generally low and synclinal area. J 
The importance of the Cope's branch strike lies in the fact that it opens up an | 
entirely new district and will result in the exploration of a large territory pre- 
viously regarded as of sm all p romise. We predict that extensive geological 
and exploration work will be done to determine the connection between this 
strike and the increasingly important Lee county field. 

 l| #L» #L» kt 

t LIVELY OIL BOOM IN TEXAS I 



CISCO, Texas. — The very latest from Eastland County's prize well, located 
at Ranger, is a flow of 1,700 barrels daily. Oil men arc delighted with the 
quality of the product. They pronounce it equal to the highest grades of ! 
Eastern oil and better than any other Texas oil. Land prices for miles around j 
are over the top. The excitement extends to all the surrounding counties — 
Stephens, Callahan, Shackelford, Brown and Coleman. One meets geologists 
and leasers everywhere. Rentals and bonuses are high — “on account of the war." 

Cisco, having railroad outlets in four directions, has unusual hotel accom- 
modations, consequently oil men make it their headquarters. It is only 20 1 
miles by auto to Ranger and three passenger trains each way. Some of the 
larger outside companies have secured good-sized blocks in Stephens, Eastland, 
Callahan and Brown Counties and the oil seekers look for the opening of 
several more good pools. Thev now have shallow oil at Moran at 175, 350 and 
400 feet, making it a good second to the Brownwood shallow stuff. 



Just Out 

NEW EDITION OF 
KENTUCKY 

OIL MAP 



Covering in detail all of Estill, 
Powell, Lee, Wolf, Morgan 
and Magoffin Counties by 
actual surveys. 

The Legend indicates all 
producing wells, gas wells, 
showing dry holes and wells 
drilling in the various dis- 
tricts in the six counties 
marked correctly to date and 
including a special Lee county 
supplement. 

Undeveloped farms in this vast 
territory are corectly indicated by 
names of farm owners. 

This map is the product of more 
than two years actual surveys by 
James Winn, the well-known Civil 
Engineer, and his corps of assist- 
ants. It is decidedly the most re- 
liable map published of Kentucky’s 
great petroleum region, and is so 
pronounced by leading operators. 

Printed on High Grade Linen 
— Size 20 inches wide and 120 
inches long, with special Lee 
County supplement. 

Price $10.00 

Sent postage prepaid to any 
address. Sold and endorsed 
by — 

The 

Oil World 

Security Trust Building 
LEXINGTON, KY. 



^ ^ ^ ^ « j- t ^ 1 ^1 



OFFICERS AND COMMITTEES 



| SCHEDULE REVISED f I OFFICERS AND COMMITTEES j! 

jli $ 

F. B. Carr, a representative of the Louisville & Nashville railroad, ap- Tomb Elected President, 

peared before the executive committee and announced that train schedules had W. B. Tomb, of the Empire Oil and Gas Comnanv was elected nresident 



loin tnan sacrincc .mo. 1 ac. pin. ana nrooKivn t- u /- . .• t ., T • at e xt 1 •» -i t- i r-i , . . 

1 . . - F. B. Carr, a representative of the Louisville & Nashville railroad, ap- 1 omb E ected President 

;nd may be reduced, but it will probably vield . r  m 

have not a high opinion of anv of the clicap peared bcfore the execut,ve committee and announced that train schedules had W. B. Tomb, of the Empire Oil and Gas Company, was elected president 
Crown Oil is highly speculative, but it may been revised. The revision will make connections between Lexington and the ot tbe reorganized association to succeed C. M. Staigers, who recently ten- 
- shares. j various oil fields better. A rising vote of thanks was given by the oil men dered bis resignation as head of the body. C. E. Loomis was elected Vice-Presi- 

, r . , .... T - 0 n 11 . •, 1 f .r .• ’ ' dent, and C. D. Pratt, of Irvine, Ky., Secretarv. 

ik for purchasers for Alliance 1 ire & Rubber to the railroad for this action. 

right. Four of the company’s promoters have „ Following are the committees chosen to take immediate action on different 

, . . , - ' , .. . ... I he change in schedules follow: matters: 

nig the mails to defraud, and the Associated 

s vigilance committee has declared that the, Xo. 1.— Leaves Lexington 6:45 a. m., McRoberts via Ravenna. Executive Committee. 

ries and operations. I No. 3 — Leaves Lexington 11:30 a. m., McRoberts via Ravenna. E- J- White, White Brothers & Fluff; Willard Spencer, Atlantic Refining 

teel common and Utah Copper appear at this Nq w  Lexi ngt0 „ - :30 p . via C lay City. * Prod " dn | C °" pa " y: W ' S ’ T M “ ’ Kcntuck  ' Oil Company; Thon*» 

1 s investments. Cuban Cane Sugar pfd. is a ’ Argue, Jr., Sun Oil Company ; J. W. Flesher, Southwestern Petroleum Company, 

ss man’s speculation. The common pays no No. 2— Leaves Winchester 8:05 a. m., arrive Lexington 8:50 a. m. I • I • r 

Paul common is now in the speculative class. [ vr , t . Winrhpctpr 1 - it n m arrk-pc T pvimrtmi o-ic n m „ -T t- „ 8 1 ommi ee. 

ilities I lNo- 4-Leaves Winchester 1 .45 P- m„ arrives Lexington 2. 3 a p. m. D. H. Foster, Cumberland Producing & Refining Company; R. C. Snyder, 

1 soli dated anil B. & 0. common are dividend Na ^ Leaves Winchester 6:10 P - m - arrives Lexington 7:00 p. m. Wood Oil Company; G. B Williams, Security Producing & Refining Com- 

;h Penn. Oil is one of the Standard Oil group j Xo. 151— Leaves Winchester 7:40 a. m., via Clay City to Molaney. a " y ’ ’ 1 zecra c , etioeum xp oration Company, 

market price. Among the best purchases at No. — Leaves Molaney 3:25 p. m., via Clay City and Winchester 5:45 p. Finance Committee. 

bonds of seasoned dividend-paying industrial mi arrives Lexington 7 :oo p. m. ' ' R. A. Childs, Mt. Sterling, Ky.; George Collins, Furnace Oil Comnanv; 

id real estate and farm first mortgage bonds, j M. T. McEldowney, Winchester, Ky. ; L. V. Mullin, Winchester, Ky. * 

To. common attractive at present price and ^ ^ ^ «-• --j Empire Oil & Gas Company ; W. E. Hancock, Irvine, Ky. 

. lit fj Trouble Committee. 

! °V ,S t CXCClent n The r * benUl ;: » CURB AND LISTED SECURITIES BOUGHT AND SOLD ; E. E. Loomis, Green River Oil Company; W. T. Woolfolk, Dulin Oil Com- 
bonds are not so desirable as the others. It .1. ;[J g T W i 1 u 

iur funds in the preferred stocks you mention. ) NO MARGIN ACCOUNTS ACCEPTED P y ’ V ' atSOn ’ 

ferred. There is no Penn. pfd. Xo bonds in j. i! Membership Committee. 

erty Loan bonds. These bonds are attractive it LIP L N C M Frank H. Hudson, Furnace Oil Company; Willett Groover, Independent 

llation. I think well of the Canadian Victory FIRST NATIONAL BANK BUILDING i! Operator; C. W. Sales, Independent Operator; C. G. Ginter, Atlantic Oil Pro- 

outright, but the partial payment plan is good ‘ 1 -L ducing Company. 

inthly a stated amount of money. jj 2 WALL STREET, NEW YORK CITY. | Publicity Committee. 

lrplus of Wells-Fargo & Co., for 1916 after J. L. Tucker, The Oil World ; Lucien Bcckner, Oil Geologist. 

3,000,000. The express companies have peti- . j — Dealer ill — J* 

n to increase their rates, showing that their Jr T 1 ^ ..... 3X '-' omml ^ ee • 

conditions. Evidently a state of peace would f R ailr °a d Bonds   Industrial and Public Utdlty Stocks and Bonds D. L. Pendleton, Ohio Oil Company; John Bahan, Cumberland Pipe Line 

due of Ohio Oil is $25. Plans for paying a | Quotations and Data Upon Request « ( ompany: 1 T ’ Metcalfe « Em P ire oil & Gas Company, 

e been worked out, but the large and increa-.- j* Entertainment Committee. 

stributed. The company did well before the Correspondence Solicited c. B. Reynolds, Star Drilling Machine Company; T. C. Kirkpatrick, Star 

*rd. Josevig-Kennecott Copper is highly Drilling Machine Company; Harry L. Skelly, Frick & Lindsey Company; Sam 

Bcll   Champion Oil & Gas Company. 



W CURB AND LISTED SECURITIES BOUGHT AND SOLD }}| 

jj NO MARGIN ACCOUNTS ACCEPTED | 

P H I L I P L Y N C H |{ 

j(J FIRST NATIONAL BANK BUILDING »! 

; 

;» 2 WALL STREET, NEW YORK CITY. -i 

}; — Dealer in — * 

‘I ) 

it Railroad Bonds, Industrial and Public Utility Stocks and Bonds j 1 
Quotations and Data Upon Request Jj 

it Correspondence Solicited 'it 



I 



Oil world (Lexington, Ky.), 1917-12-15

6 pages, edition 01

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Location
  Published in Lexington, Kentucky by ???
   Fayette County (The Bluegrass Region)