The Mexia Weekly Herald. (Mexia, Tex.), Vol. 22, No. 49, Ed. 1 Friday, December 3, 1920 Page: 3 of 8
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Two 5 Per Cent Dividends Within Three Months Time
Have Your Other Investments Netted You This?
1
OIL PRODUCED IN THE CORSICANA
OIL FIELD BY YEARS SINCE
FIRST DISCOVERY 1896
Yr. Product'n
1896—1,450
1897—65,976
1898—544,620
- 1899—668,483
^1900—735,039
1901—800,545
1902—617,891
1903—301,960
1904—503,647
1905—443,646
1906—1,012,229
1907—873,208
1908—609,766
1909—563,901
1910—587,519
1911—501,581
1912—484,522
1913—442,306
1914—416,090
1915—380,685
1916—350,992
1917—328,683
1918—361,980
1919—358,170
1920—775,200
JTlie 1920
amount was
for llrst 9
months only.
Note the gain for first 9 months
very near double the production for
any entire year since 1906, and 25
wells now being drilled here.
The Corsicana oil field since its dis.
covery has produced 15 times as much
oil as Brown county, ten times as
much as Thrall, mroe than Desdemo-
nia's entire production, half as much
as Stephens county, one-third as much
as Eastland county, one hundred times
as ;nuch as Coleman county, twenty-
five times as much as Moran, four
times as much as Petrolia, ten times
as much as Strawn, forty-one times as
much as San Antonio and Somerset
district, twenty times as much as the
Dayton district, thirty times as much
as aBrber Hill, three times as much
as Hull, eight times as much as Da-
mond Mound, five times as much as
Matagorda, half as much as Goose
j Creek, half as much as Batson.
Statistics will show most of these
j fields are declining in production.
And statistics will show that the
! Corsicana field is climbing in leaps
J and bounds, and more wells now go-
| ing down than at any time in ten or
• fifteen years.
j The above was compiled from the
; files of various oil companies and the
! Corsicana Daily Sun and are believed
to be accurate but not guaranteed.
Our company owns the biggest indi-
J vidual producing wells in the entire
j field and our holdings of producing
wells is considered next to the larg.
est here.
Do You Know of Any Oth
er Line of Business
where the PossibiIi=
ties of Larger In=
comes Equals that
of the Oil Bus-
iness?
ARE YOU SATISFIED WITH YOUR INCOME?
Are your investments of such a nature that your rate of income has
been equal to the increased cost of living, and still yield you the same net
profit that they once did, when a dollar would buy three times as much as
it does today ?
Is the income on your investments sufficient to take care of your pres-
ent needs and provide a surplus or sinking fund large enough to meet the
requirements of old age when your ability to earn money is on the decline ?
In other words are your dollars doing their full duty? Are they earning
their full capacity ?
If such is not the case does not not behoove you, in justice to yourself,
to investigate and place your dollars where they will earn their full worth
and yield you greater returns ?
Wise Oil and Refinery Investments Offer Great Possibilities
If statistics do not lie, wise oil investments offer greater possibilities
from the standpoint of profits than any known line of busness in existence
at the present time, in fact the increased demand for oil and the growing
use of oil products by almost every branch of industry in existence, places
the business of producing oil paramount among the largest enterprises at
the present time, and is destined to be for years to come, because of the
rapid increase in the consumption of oil and its by-products compared with
the inadequate supply in sight, based upon the present rate of production,
forcing the price of oil higher and higher all the time and increasing the
profits to the investors.
| The Properties We Now Own and Control in the Corsicana Oil Field
We Own Our Own Pipe
We Own Our Own Pump
WE OWN OUR OWN
FORTY SEVEN
Eighteen Wells
WE OWN OUR
Lines From the Field
Stations and High Pres-
TANKS AND
PRODUCING
Shortly to be Placed
OWN LOADING
to the Railroad
sure Stations.
STORAGE
OIL WELLS
on the PUMP
STATION
| Corsicana Oil (§L Refining Company
3 w. H. WARREN, President
v\v///y
R. K. BLACKSHEAR, Secretary
I
Letter From American
Cotton Association
v
Dallas, Texas, Nov. 29, 1920.
—Cotton has continued to de-
cline until the loss to Texas far-
mers alone is more than $150,-
000,000 below the cost of pro-
duction.
This is the penalty of defla-
tion—the reward of honest ef-
forts to clothe a shivering
world. There is not too much
cotton, it is not a case of over-
production. The statistical po-
sition of cotton is very bullish,
but under world wide deflation
and the lack of international
credit, the law of demand has
been practically eliminated. In
the war torn countries of Eur-
ope millions of people are de-
manding not charity, but Amer-
ican cotton for the operation of
their mills, that they may earn
an honest living and rehabilitate
their country and shattered in-
dustries.
In Texas and the South hun-
dreds of thousands of farmers
are brought to the brink of bank-
ruptcy because they cannot
make fair disposition of their
cotton that the rest of the
world so badly needs and must
have. They cannot use it them-
selves in the form in which they
offer it on the market—it will
not sustain human life.
Under the conditions brought
about by the World War, cotton
has passed from a cash to a cre-
dit crop and both the laborers in
the field of production and in-
dustry are paying a fearful
price, a price which if not very
q^jckly changed by statesman
and financiers of the world will
effect our civilization and prog-
ress.
The southern farmer is not in
a financial position to become
±he world's creditor. Under the
Transition which has come to
him, practically without warn-
ing and certainly without time
for preparation, he has seen the
accumulation of a lifetime's fru-
gal savings melt as the snow un-
der the noonday's sun.
What is he to do? He cannot
consume his cotton. American
la have practically with-
'awn from the market in an
effdrt to obtain his product for
a song.
There is but one practical
thing to do—stand by this crop
to the last ditch and reduce next
year's cotton acreage one-third,
raise more food and feed crops
—make every farm self sup-
porting ; plant small grain where
practical, peas, potatoes, sorgh-
um, maize, kaffir and corn, a
few chickens, a pig and a calf.
Become a seller in the local mar-
ket, with plenty to live on at
home, instead of buy, buy, as
we now do.
Plant selected seed of every
variety, increase the quantity
and quality of production per
acre with the same labor, mak-
ing cotton a profit or money
crop. Then and not until then
will we be able to sell our prod-
ucts in the markets of the world
at fair prices, for cash or credit.
The cotton acreage must and
will be reduced.
Governor Hobby has desig-
nated Saturday, December 11th
as Gotton Reduction Acreage |
Day throughout the state. Let;
every red blooded Texan per-i
form a man's work in this cam-1
paign. It is sincerely to be hop-
ed that the County Judges and
Commissioners' Courts will heed
the Governor's appeal and take
immediate action. Each local
banker is a Local Captain in
this work. We can only suc-
ceed in the proportion that the
leading citizens of each county j
and community give their co-1
operation and support.
American Cotton Ass'n.
E. F. Shropshire, Mgr.1
Negro Methodists Elect
Officers at Conference
Constipation
The beginning of almost every seri-
ous disorder is constipation. If you
want to enjoy good health keep your
bowels regular. This is best accom-
plished by proper diet and exercise,
but sometimes a medicine is needed;
and when that is the case you will
find Chamberlain's Tablet are excel-
lent. They are mild and gentle in
their action, easy and pleasant to take.
Give them a trial. They only cost a
quarter.
Mrs. M. Cundiff and little dau-
ghter and son of Centerville af-
ter spending some time here
with her daughter, Mrs. Ben.
Howard and family, returned to,
their home.Sunday afternoon.
The forty-second session of
the Northeast Texas Confer-
ence of the A. M. E. Church met
in this city at the St. John's A.
M. E. Church, of which the Rev.
VV. A. Younger is pastor. The
conference was called to order
by the Right Rev. William D.
Johnson D. D., Ph. D., presiding
bishop of the Tenth Episcopal
District, which includes the
State of Texas and the Republic
of Mexico.
The Rev. J. II. Lynn, presid-
ing elder of the Pittburg dis-
trict, preached the sacramental
sermon. After the sermon an
offering of $52 was-laid on the
table.
The organization of the con-
ference was completed as fol-
lows: Chief secretary, J. W.
McDade; recording secretary, S.
M. Kirk; statistical secretary,
E. Z. McDonald; chief marshal,
C. C. Collins, and assistants, C.
J. Norwood and L. Cornelius; re-
porters to the different papers,
U. S. Franks, Christian Record-
er; VV. R. Beamer, Southern Re-
corder; A. V. Brown, Western
Recorder; I. C. Oliphant, Voice
of Missions; Mrs. S. J. Giles,
Woman's Missionary Recorder;
S. M. Kirk, secular papers.
The following visitors were
present and took part in the op-
ening exercise of the confer-
ence: Dr. J. W. Rankin, secre-
tary of missions of the A. M. E.
Church; L. J. Saunders, G. L.
Mills, W. H. Durden, C. W. Ab-
bington, H. P. Evans, H. D.
Wins, M. J. Brooks, A. R. Stark,
J. A. Jones, A. G. Winn, R. S.
Jenkins, H. S. Sims, E. J. How-
ard, S. J. Johnson, S G. Simp-
son, Prince G. E. LaShati of Af-
rica, J. B. Butler, N. W. Bags-
by, of Florida, F. M. Johnson, A.
Freeney, J. W. Dennis of Geor-
gia and S. M. Britt.
The afternoon session was
marked by the delivery of the
bishop's annual address.
The reports from the various
districts were taken up, begin-
ning with the Corsicana district
which reported $1100, Tyler dis-
tricts $510.80 and Pittsburg dis-
trict $437.75.
The special Thanksgiving ser-
[ mon was preached by the Rev.
I W. A. Baxter of Kaufman on
Thursday morning. The con-
| ference continued in session for
| the remainder of the week, and
| concluded with the reading of
; the appointments on Sunday
; night.
The educational sermon was
1 preached Thursday night by the
Rev. J. W. McDade of Corsicana.
Chamberlain's Cough Remedy.
This remedy is intended especially
for coughs, colds, croup and whooping
cough. From a small beginning its
sale and use has extended to all parts
of the United States and to many for-
eign countries. This alone is enough
to convience one that it is a medi-
cine of more than ordinary merit.
Give it a trial and you will find this
to be the case.
Commercial Club Ban-
quet is Postponed
The banquet which was to
have been in honor of A. R.
Kightlinger, Col. A. E. Humph-
reys and several of his associ-
ates Tuesday night was post-
poned until next Friday evenin,
at which time complete prepara-
tions will have been made in ar-
ranging for the necessary ar-
ticles on the menu. The Cozy
Cafe, where the entertainment
is to be given, was unable on
such short notice to make the
arrangements, and the post-
ponement has been made neces-
sary for this reason.
The banquet will be attended
by members of the Commercial
Club, who will be permitted one
guest each, and a table spread
for four hundred plates is being
arranged for. This will very
likely be the biggest affair of its
kind ever attempted by the bu-
siness men of the city, and is a
just and well deserved tribute to
the enterprise of our distin-
guished guests.
Thomas Jefferson Nestor of
Seattle, Washington, is a visitor
among us this week. Mr. Nes-
tor has been temporarily locat-
ed in the Breckenridge oil fields
for several weeks past, and is
here looking over the prospects
and getting a perspective of the
oil fields.
Telegraphic Brevities
Norristown, Pa., Nov. 30.—
Toppling over a steep incline
when the driver lost control of
the machine, an automobile
truck, conveying employees from
Norristown to the Plymouth
Chemical Company two miles
south of this city, upset and two
of the twenty workmen in the
machine, were crushed to death.
Several others are expected to
die from injuries.
Muskogee, Okla., Nov. 30.—
One woman and five men were
killed and a 16-year old boy ser-
iously injured, when an automo-
bile in which they were riding
was struck by a Missouri, Kan-
sas & Texas train last night, at
a crossing near Onapa, Okla., 5
miles south of Checolah.
Commun i ty Plate
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W. D. PITTMAN JEWELRY
"Gifts that Last"
Second Floor Pitt man Building
Mexia, Texas
II IlBili
'U.K)
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The Mexia Weekly Herald. (Mexia, Tex.), Vol. 22, No. 49, Ed. 1 Friday, December 3, 1920, newspaper, December 3, 1920; Mexia, Texas. (https://texashistory.unt.edu/ark:/67531/metapth292391/m1/3/?q=%22%22~1: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Gibbs Memorial Library.