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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 25, 1920)
V 10 C THE OMAHA SUNDAY BEE: APRIL 25, 1920. I lailSTBV Ik iaksS livgsSffleiiii ii Ik DiD EBusiness Buy Oil Leases and Then You Are Ahead of the Drillers Leases always go up as "the drill goes down in mother earth! The eyes of the investing world are now on the oil fields of Texas! The industry is one of rich reward to those who know it! An oil lease-the investment of the age-with a big speculative gam ble! Answering the call of fortune, investors who like to "take a chance" are buying from one acre to several thousand! The early investor gets the biggest profits. Let Us Explain What an Oil Lease Actually Is An oil lease is similar to a deed in buying a piece of property, except where you buy an oil and gas lease you do not buy the property. You buy the exclusive rights to all oil and gas found on a given amount of land, usually expressed in so many acres. No one can take a lease away from you. Leases are usually made for five years, with a small yearly rental. Rental stop's when oil is found in commercial quantities, and your lease continues on as long as oil or gas is found. These leases often jump sky-high over night. The actual owner of, the property in fee who leases the land is entitled by law to a royalty of one-eighth of all oil found. There is no investment in the world to equal the right to some leases in the oil producing ter ritory. Land is the foundation of the wealth' of the universe. Land was put there by the Creator to develop. .- The big oil companies are nbt buying stocks. They are buying oil leases. OIL LEASES are what they are buying. WHY? To. get ahead of the driller. If a piece of vacant property in your town is just ahead of the development in that direction, is it not a wise thing to buy a lot there? Oil development is much faster than house building. The richest man in the world today took a chance and bought oil rights. Why, did you not get in? Maybe you did not have the opportunity? $100.00 Special Offering Coallbeirftsoini arid! beeves $100.00 ey nifties Eh A Proven Field We own leases on approximately 3,200 .acres in this particular field and have divided a part of these hold ings into 2-acre tracts in order that the small investor may be afforded an opportunity to buy one or more tracts which we are offering at the unusually low price of $100.00 per tract. We can also furnish larger tracts in proportion as to price. ; ' Deep Tet Wells Now Drilling in This Field Other Locations Being Made for Deep and Shallow Oil A DRILLING LOCATION HAS, BEEN MADE ON 40 ACRES ADJOINING SOME OF OUR TRACTS Don't delay or it may be, too late. Prices may advance oyer night and this offering is only for a limited time. Write or wire for one or more of these tracts. Laura Well Near Pecos Penetrates ; . A Fine. Oil Sand Messenger Is Sent to Trace Casing With Which to Shut Off Water Which Stands 1,100 Feet in Hole. Special to Ttxas Oil Ledger. Pecos, Texas, April 16. The Laura well of the Sunshine Oil Cor poration has penetrated two and one-half feet into a fine sand that smells of oil. Casing: holds water to within 200 feet of the top. A messenger has been sent out to rush casing, which was previously or dered, to shut off water struck a few days ago. Officials say they expect to bring in a gusher when the water is shut off. The slush pit shows signs of oil. The well is be lieved to be about 1,800 feet deep. Oil men here are much excited over the showing and many are try ing to buy acreage in the vicinity of the well, which is eight miles north of Pecos. A heavy lubricating oil has been found at 150 feet by the' Dominion Oil Company No. 1 half a mile northwest of the Bell well and twelve miles north of the Laura well. - CARLOCK TO PUT DOWN 1,000 FOOT WELL NEAR PECOS M. P Carlock of this city has let the contract for a thousand-foot oil well oq section 10, block 3, Reeves county, Texas. The well is to be drilled on 40 acres of a 340-acre tract of land acquired by Mr. Car lock from the Sunshine Oil corpora tion. The site is about six miles southwest of the famous Ira Bell wen and 13 miles north of Pecos. It is seven miles north of the Laura well of the Sunshine corporation. "Mr. Carlock made the deal with Alfred Tinally, president of the Sun shine corporation, and the proposed well is the first in the Pecos field to be contracted for by an individual. Geologists who have examined the tract are unanimous in the opinion that it is one of the most promising locations in the district Drilling will be rushed, as the contract calls for immediate com mencement of the work, and money has been placed in escrow to guar anteehe completion f the well. LEASES IN PECOS ROCKET TO $1,000 NEAR BELL WELL Dallas, Texasj March 27. Few of the Dallas party of about sixty oil operators and business men who visited the Toyah-Pecos fields Mon day failed to buy leases, according to Z. E. Black, publicity director of the Dallas Chamber of Commerce, who represented that body on the excursion and returned yesterday. I SIGN AND MAIL I I Subscription The Inter-State Company, I I 207 South 18th St., Ground Floor, Omaha, Nebraska. I Enclosed please find S in payment I I for 2 H -acre Oil Lease Tracta in your I ' holdings in Toyah Oil Basin Field in Culbertson and . ' Reeves Counties, at $100.00 a tract. It is understood i I that I am to receive a good assignment of the same. I . and that upon receipt of my remittance you will send . I me a teetionized plat showing the particular location of I my lease. I I Name , I I , Address .' i (Write plainly.) Make all checks, money orders or drafts payable to I The Inter-State Company. I NOTE: That dippings refer to Toyah Oil Basin Field. , , Oil Lands and Oil Leases ' ; 207 South Eighteenth Street, Ground Floor, Omaha, Neb. Write for Our Oil Lease Questionnaire or Any Other Information You May Desire Qn Oil Land or Leases hi Stock Market Experiences Setback During Last Week New York. April 14 Further "correc tive measures" Invoked by the federal-reserve board to curtail or restrict specu lative credits gave the stock market a violent setback this week, but the reaction was accelerated by a weakened bull posi tion. The action ot the Central bank authori ties took, the form of advanced discount rates at Important financial, commercial and Industrial centers. This was supple mented by the private banks of those sec tions where additional contraction of loans was In progress. These domcstio credit conditions were accompanied by evidence of world-wide stringency ot the same rhara'.'ter, an echo coming from Japan, where aueculatlon during and following the war culminated In financial disaster. Enormous liquidation of Liberty bonds a decline of 1 to 4 per cent also served to unsettle the local securities market. Offering of these Issues evidently came from all part of the country, but round amounts were sold by corporations as the only Immediate means of new financing. . There was a letup to gold Imports, also to exports of that metal, although further shlpmenta to South America are under negotiations. Much of the week's setback in foreign exchange, especially the Lon don rate, was due to ofterlngj of lterllng bills hero for Japanese Interests. New York General. New York. April 23. Wheat Spot. easy: No. 3 red and No. 2 hard. 13.05 and Nn 2 tyiItH Huriim f.1 Ot o I t traU New York, export. and No. 2 mixed, II. SOU r- I. f. npoi, unsettled; 1NO. i wnue, i. 3901.4V nominal. Lard Firm; middle-west, S19.S6 (S 19. 65. New York Poultry. New York, April 24. Poultry Live, easy; stags, 34i35c; fowls, 4243c; roosters, 26 ft) 29c; turkeys, 30 35c; dressed, steady and unchanged. afuitiivjii mm ooc f m Many people now invest ia f nign graae itstea stocks ana bonds without capital that is, they buy them on the Kriebel Systematic Saving Plan and pay for them out of their monthly earnings. They are finding it highly profit able. It is not a short cut to wealth, but it Invariably yields liberal inter est plat a profit. - What can be accomplished by this plan is told in Peter Perkins' story, Getting Ahead." By investing $25 per month for 10 years he accumu lated $10,000. The booklet tells you what stocks he booght, the divi. deads received each year, and the market advance of each stock, mjt m It's fascinating. Shall we send ssa pjsj you a copy? It's tree. Dept. 1. mtm IS KRIEBEL & COS 2 rVZSTMENT BANKEajr lM ggrSo.Ln5Ua St. Chicacf, 1 PAYMENTS monthly buys oufrleht am slock or fond. rnhosr snurts tlldlvktndi. uaaiors our spteialty Writ fo-tttcttd lilt and full particulars - FREE CHARLES E.VAN RIPER MtmMt Censelidoted Stock (icaenet Q BUOAO ST. HIw VOSK . niiimmiimimmi HI BUY GOOD STOCKS Aasconda Copptr Cora Product! Whit Oil Corp. Sims Pstrelsua Federal Oil Boone Oil Island Oil a Tram. Loew't Inc. , Hay den Chew. ' U. S. Steanihlp This week's lame of our "WEEKLY MARKET til'IDK1' advisei you on these and other good stocks to buy- Our book let "Losses Almost - Kilr-Proflts Un limited." will prore valuable. . Both FREE If rou write TODAY. Your account Is sot too small te In terest us or too lares to over-tax the (acui ties ol our orginlMtloa. 7EaBSn. NewYork Severe Financial Strain Causes Break In Corn Price Chicago, April 14. Big setbacks In the valun of grain and provisions nave result ed this week from Indications of severe financial strain. Compared with a week ago, corn prices this morning were 8 He to To down, oals were off 44 o to ItsO and provisions lower 37o to 11.95, All deliveries of corn, oats, rye and barley were at about high record prices for the season whin suddenly the corn market was swept by an avalanche ot selling. The pressure to get rid of hold ings and selso advantages from the break In prices went far usyond ordinary limits before traders began to regain their equilibrium and to be guided even partly by Influences other thun the violent changes of securities In New York. Ac tive export demand for wheat and rye helped to a material extent at this Junc ture to restore comparative confidence on the part of bulla In the corn market. Later, however, the bearish effect of un usual weakness In New York atocks be came again the ruling factor and to a great extent once moro flattened out the buying power In the corn market. Oats Joined the downward plunge of corn but tallied later owing to lateness of seeding. Provisions were depressed with grain and hogs. ' fc'ew York Coffee, New York, April 24. There was a re newal of near-month liquidation In the market fnr coffee futures and some scat tered selling on reports of an easier tone In Rio and a continued light spot demand. First prices were 2 to 6 points lower, with May selling off to 14.3$c and December to lt'50c during the middle of the morn ing, or 3 to 7 points net lower. Mont of the business was In the way of switching from near to late months, however, and there were rallies on coverlno; with the close net unchanged to 6 rlnts lower. ApVil. 14.35c: Mny, 14 40c: July. 14.83c: September, 14.55c; October, 14.53c; Decem ber. 14.50c: January,' 14.40c; March 11.4SP. Snot coffeo quiet; Rio "a, 1544c: Santos 4s. 2324c. New York Procfuce. New York, April 23. Butter Firm; creamery higher than extras, 7744ft)78c, extra, 77c: firsts. 70W76e; packing stock, current make, No. 2. 42 Vt 43c. Eprgs Irregular, unchanged. Cheese Firm: state whole milk flats, held white and colored speclHls. 30tyrrti 314c; state whole milk flats, held white and colored, average run, 28ift30c; state whole milk current make colored speetnls. 2e; state whole milk current make, white, 27 44fl28c. Kansas City Produce. Kansas City, Mo., April 23. Butter Unchanged. Eggs 40c higher, $12.75 per case; firsts, lc higher, 43c. Poultry Broilers, 70c. - Live Stock Oman's I.lve Stock. Omaha, Neb., April 14. necoipta were i.Hiwe. nos". oiine Official Monday ll.tHO Official Turaduy .... 9.t72 Official Wednesday.. 6.207 Official Thursday... E.T8S Official Friday 1,169 Estimate Saturday.... 400 Six days this wk...3.903 Same days Must wk. .22.021 Same days i wits. ago. 38,1)94 Same days I wka, ago. 38,501 Sams days yeur ago, 18,124 14.ISI If.nff 16,145 9.73 16,981 7.018 23.575 4.104 9.500 78,367 42.203 42.603 19.9H3 78,20d 4li,3ll3 93.K9.1 44.474 66,348 20.39U J I 2 S7 0 Chicago Produce. Chicago. April 21. Butter Unsettled; creamery, 476544c. Kggs Unchanged: receipts. 41.998 esses. Poultry unchanged. Successful Speculation You can be a successful trader in Chi cago grain futures 'and New York stocks. Fortunes being made on these broad mar kets. Our daily guide leads to handsome profits. Another big movement coming. Act quick. Write for explanatory folder G-l and free market letter. - , INVESTORS DAILY GUIDE 1004 Baltimore Ave., Kansas City, Mo. Texas Oil Bulletin Issued weekly by expert oil men; contains authentic maps and reliable news : tells you whers to buy or sell any Texas oil stock, and will be mailed to you cn request, ABSOLUTELY FREp. Write for it today nad ail; as for any Information yea desire. GILBERT JOHNSON A COMPANY For 10 Years Oil Operators &. Brokers Bolts 110. 501 Mala St., Ft. Worth. Tax. (ROSTOCK PRIVILEGES (1 OC Of. PUTS AND CALLS t) I L J 30 DAYS ODD LOTS Best, safest way to trade. No margin. Calls possible, as risk is limited. Profits unlimited. Ask for free booklet. "SUCCESS IN THE STOCK MARKET" With small outlay hundreds of dollars are made UNLISTED SECURITIES KENNEDY & CO., Est. 1884 Members Consolidated Stock Exchange, N.Y. 74 BROADWAY, NEW YORK Silver and Oil Digest Free. Gives valuable information about oil and mining companies. Tells where you can buy and sell mining and oil stock. Quotes Prices. C. W. Savery, Publisher, Denham Bldg., Denver, Colo. . TEXAS OIL REVIEW Get the Latest Live News from the Texas Oil Fields FREE ON REQUEST Write for a copy today , TEXAS OIL REVIEW 1415 Main St. Fort Worth, Tex. Receipts and disposition of live stock at tho Union Murk Yards, Omaha, Nob., for 24 hours ending at t o'clock p. m., April 24; RECEIPTS CARS. Cattle Hogs Sheen Missouri mi me 1 Union Pacific 5 C. & N. W., east 2 C. N. V west C. St. P.. M. O I C, B. & Q , east 6 ., C, B. & .f west 7 ' 13 t' K. I. & P.. east . . . t 1 0.. It. I. & P., west.. 3 1 ' (.hi. Ot. West 2 1 Total recoipts 24 90 1 DISPOSITION' IIKAU TToge Swift & Co 1,380 Cuilnhy Packing Co t37 Armour & Co .......1,164 Si-hwarts A Co 623 J. V. Murphy 1,790 Llnlnger 109 Phillips 1 Total 5 754 Cattle Due to a roinblniillon of the eastern railroad situation nnd generous receipts here prl es on beef steers have declined ll.60(n1.76 In the past week, hulk of the decline being made on tho first three days, packers have declined most, heavy steers especially, although yearlings are 76c if 11.25 below laht week's levels. Butcher stock did not feel the decline un til late Tuesday and Wednesday, when prices dropped 76ci(( ll. Blockers and feed ers have been quiot all through the week, although some strength was shown early, values aro now at about the same levels as on last week's close. Cattle Good to choice beeves, H.75ffD 12.75; fair to good beeves, $1 n.ofti 11.75;, common to fair beeves, f9.00i8'10.O0; good to choice yearlings, $l2.l)oiu13.uv; fair to gnod yearlings, $10.00S) 12.00; coin prime h.Mfern, $1 0.00 (fn 1 1.60; good to chol -Vs heifers. 8.0U10.U0; cnoice to prime cows. 99.764)11.00; good to choice cows, $8.00 9.50; fair to good cows, 97.00fell.00; com mon to fair cows. 4.257.00; choice to prime feeders, I10.00ll.00; good te choice feeders, 99.OOl0.00; medium to good feeders. $8. 009.00; common to fair feeders, 7.006'8.00: good to choice stack era, 9.0O$10.50; fair to good stockera. $7.769.00; common to fair stockers, 2G.0U H7.75; stork heifers. 16.00 W Oo; stock, cows, 25.767.76; stock calves, lOO 10.00; veal calves, $9.60814.50; bulls, stags, etc., -I5.0010.00. Hogs-Saturday's estimated run of f.500 head of hogs brought the total for the week to 79,300 head, around 12.000- more than a 'year ago. and some Sii.uoa more than last week. The market has been In an unsettled condition, and while Monday's msrket, whjch was strong to 25c higher, prices hav gradually worked lower with, sharp declines on Tuesday and Thursday and while Some strength has been noticed towards the close of the week, It was con fined largely to shippers, with packers holding back, the result creating prac tically two markets. Packers bought roo3t of their hogs Saturday from $13.25 14 00, and shippers from $13.7514.50. going up to $15.00 for choice lights. While tho shipper market Is nearly steady with, last Saturday, the pucker market ia 60c9 -$1.00 lower. HOGS. No Av. 26. .511 55. .345 05. .318 50.. 271 69. .269 66. .270 6B..273 70. .226 66. .223 81. .243 Sh. iio 80 iio 310 110 110 No. Av. 45. .324 ISO. .2KH 32. .245 39. .190 65. .265 70.. 248 78. .211 69. .255 79. .212 Sh. 70 120 0 140 70 40 Fr. 13 Off 13 35 13 60 13 75 14 00 14 15 14 35 14 50 14 70 were re- nomlnally Pr. 11 00 13 25 3 3 60 13 65 13 96 14 10 14 25 14 40 14 60 14 75 Sheep o sheep and lambs celved today and trade ruled steady. The market this week has been In general good shape, demand from paek erprnvtng active on most clays and prices tor all classes or Hilling material show a little Improvement. Fat lambs are clos ing strong to 104fl5c higher with shorn lambs, sh"!ep etc., selling about 25c higher. Fat sheep continue scarce. Best shorn Jambs here this wek broucht $18. 004 18.20, and choice light wooled Mexicans topped at $20.85, these prices establish new records for this season and are higher than .any previous records with the exception of peak prices paid In April two years ago. A few good ewes early In the week reached $15.25. Countrv buyers are paying up to $20.00 for good shearing lambs, but the outlet Is sea sonably email. Quitatlons on Sheep and Lambs Good to choice. $20.2520.75; lambs, fair to good, $19,25120.25; shorn lambs. $17.25fi 18.00; shearing lambs, $19.00(ii,20.no; cull lambs, $14.6017.60: yearlings, $17.50 18.00: wethers. $15.0016.50; ewes, good to cholre, $14,60115.25; ewes, fair to good, $13.50614.25; ewe culls and canners, $6.00 12.00. KiBIll CR) QBE ctfUVO com TEXAS OIL is a fortune maker. 100 new Millionaires al- J ready made here rtnany more in the making. Texas is the greatest oil producing State in the Union. All records broken for high percentage of big wells over 3,000 wells now drilling. FORT WORTH is the World's greatest oil center. Nine Oil Refineries in operation 6 more building. Bank deposits doubled last year 6 new banks opened. The fastest growing and the most prosperous City in America. NOW is the time to make big money in oil here. The wild boom is over. The oil industry is now on a solid, sensible and substantial basis here. Send for our paper, the Fort Worth Oil Reporter FREE. Read the latest news, up-t)-date authentic, dependable. Get the facts about the great Texas-Louisiana oil fields. You want to make money watch our paper for opportunities. IT'S FREE USE THE COUPON BELOW MAIL IT TODAY I FORT WORTH OIL REPORTER, Suite 267, . 810 Throckmorton Street, Fort Worth, Texas. v Send me your paper the Fort Worth Oil Reporter FREE. Name Address . . , (Please Write Tlainly) Chicago Live Stork. Chicago, April 24. (V. S. Ttureau of Markets.) Cattle Receipts, 3,000 head; mostly steady; beef steers, $11.00iS12.20: calf trade a big dollar decline, mostly $13.00; compared with a week ago, beef steers, mostly $1.00 to $1.60 lower; butcher Btock, 40c to $1.00 lower; cauners and cut ters, 25c to 50c lower; calves, $2.60 lower; feeders, unevenly lower. Hogs Receipts. 18,000 head: market opened weak to lower; later steady to 16o higher than Friday's average; top, $15.25; bulk light, $15. 00i3lS.26: bulk. 250 lbs. 'jp. $15.36fyl4.25: good many held off the market at owners' request. Pigs steady. Shep and Lambs Receipts, 2.000 head; no trading; compared with a week sgo, wooled lambs. 25fa'50c lower: shorn lambs, 25&50c higher; sheep steady. Siour City live Stock. Sioux City, Ia.. April 24. Cattl! Re ceipts, 750 head; market steady; beef steers, choice fed, $10.6015.00; short fed, $9.0010.50; fed yearlings, $9.00013.00; beef cows. $6.007.75; fat cows and heifers, $7.7511.50; canners. $3.006.0; veal calves, $7.0015.00: common calves, $6.009.60: feeders. $8.50fi10.00; stockers. $7.00 10.00; feeding rows, $5.007.00; Blocker heifers. $6.00 8. 60. Hogs Receipts. 5,600 head market 56o to 50c higher; light, $1 1.251 4.75; mixed. $14.0O14.50; heavy, $13.0014.25; bulk, $14.00!6'14.50. No sheep. Kansas C ity Live Stork. Kansas City, Mo., April 21 Cattle Receipts. 650 head: market for week: Heavy steers. $1.00 to $:'.00 lower; handy welriht and yearlings, 50c to $1.00 down; fat she stock and bulls scarce and about steatiy; veal and calves slow and increas ingly lower. Hogs Receipts BOO head; market steadv to weak: top. $14.00; lights and mediums. $13 50 ft 14.09; bulk of sales, heavy, $12.S5ifrl3.25. Sheep anil Lambs Receipts. 4.000 head?' bulk of receipts direct to packers, St. Jowph I.lve Stock. St. Joseph, Mo., April 5 -Ifaltle Re ceipts, loo head: market nominal; steers. $10.00014.25; cows and heifers, ' $4,50 0 13.60: calves. $6.0012.50. Hogs-Recelpts, 2. 00 lead; market uneven but steadv; top, $14.35; bulk of sales. $13.25i?( 14.25. Sheep and Lambs Receipts, 100 head: market nominal: lambs, $20.0021.00; ewes, $14.50(9.15.50. OIL investigations and Ratings Do you own OIL STOCKS, LEASES or any kind of OIL PROPERTY upon which you have been unable to get RELIABLE information? UNBIASED information and COMPLETE reports including accurate maps, valuations, and the reliability of any company or property in the North Texas Oil Fields. , Each case'a separate and thorough investigation. Fee of Ten Dollars payable with money order or cashier's check upon application. THE OIL INVESTOR S COMMERCIAL AGENCY (The Bradstreet of the Oil Fields) BOX 1492 Reference City National Bank, Wichita Falls WICHITA FALLS, TEX. Omaha Hay Market. Rereipls continue light on both prairie hay Bnd alfalfa. And the demand Is good, which has caused the market to advance on all grades of hay and alfalfa. Oat and wheat straw steady. Hay Vpland prairie No. 1. $2C.nn3i 24.00; Nn. 2. $19.0022.00: No. 3, $14.00(0 17.00: Midland, No. 1. $21. OOig 23.00; No. 2. $l9.norC1.00: lowland. No. 1, $14.00 16.00; No. 2, $9.0012.00; No. 3, 8.00 11.00. Alfalfa Choice. $33.00i 34.00; No. 1, $31. 00ft33. 00; standard, $26. 00i 30.00; No. 2, $19.006 22.00; No. 3, $14.00(816.00. Strw Oat, $10.00 jjl3.00; wheat, $9.50 11.50. New York Dry fioods. " New York. April 24. Cotton goods mar ket today were quieter and yarns quiet, rrices generally held steady; burlaps were ciuiet and firm. Calcutta advances Indl- cated a finder tone among producers. miss v ero (luiei aiiu nun luuua in iigut demand. WARM WEATHER IS THE BREEDING TIME FOR RATS AND MICE. R1D.OF-RATS pre. vents raising of new supply. , If you have used it, use morel If not, start now I Non-Poisonous and sold tinder Money-Back Guar antee. If your Dealer can't supply you write to us. Small Box 15c. $1.00 per lb. in bulk. Berg & Beard Mfg. Co.,' Inc. 100 Emerson Place, Brooklyn, N. Y.
