Richmond Palladium (Daily), Volume 46, Number 134, 16 April 1921 — Page 7
THE RICHMOND PALLADIUM AUD & UN-XULLGKAM, RICHMOND. DMD., SATURDAY, APRIL 16, 1921.
PAGE NINE
UNFORTUNATE PLAYS COST REDS VICTORY IN PIRATE CONTEST
lames
Yesterday jjEAGLE NINE READY
iu svyuur uuhn ON DAYTON PLAYERS
CINCINNATI, O., April 16 With a 1-0 victory within their grasp, the Reds, through a commendable eagerness which over-reached itself, pulled a couple of unfortunate plays in the eighth round of the game here with the Pirates that cost them the game by a 3-1 count. . Rixey had pitched wonderful ball up to the fatal session and would have gotten by even then, but for an error in judgment of Bubbles Hargrave and the failure of Sam Crane to go back ufter a short fly which Duncan could not quite get up to.
The tall Virginian and Earl Hamilton I staged a spirited south-paw strugglal
for six exciting innings. Both were on edge and pitched in mid-season form. By the time two-thirds of the game was over each of the hurlera had allowed only two blows. Hamilton had a shade the better in control, but otherwise the honors were fairly even. Earn One Run. The Reds broke into the score colume when they scored their only earned run of the game. B re Baler led off with a mighty drive to right field that netted him three bases ho scored a minute later on a wicked single to ""left by Sam Crane. Tierney opened the eighth for the Pirates with a single to right. Grimm dropped a bunt in front of the plate and Ilarsrave instead of getting his man at first, threw to second in an effort to head off Tierney, but his throw was too high and Crane had to make a wonderful leap to keep the ball from going into right field. An infield hit by Schmidt filled the bases j nnd a pop fly to Duncan and a force - out at the plate left the bases full with two outs. Lifts Short Fly. Duncan was playing well back of Carey, the next batter, who lifted a s-hci t fly back of Clrane at short, waited far Pat to make the catch which was a little too far in for him and it dropped safely to the ground. Before the ball could be recovered ail ihree runs hud crossed the plate. Charley See was not in the lineup Friday due to an infected arm. He probably will be oat of the game for some time as he was forced to go to the hospital with a badly swollen arm. Paskert wa3 shifted to center and Bressler into Paskert's place at right. The Score. Cincinnati AB R IB PO A K
Paswert, cf 4 Daubert ,1b 4 Bohne, 3b 3 Duncan, If 4 Bressler, rf 4 Fonseca, 2b 3
Crane, ss . f 3, 0
Hargrave, c 3 Rixey, p 2 Williams 1 Napier, p 0
NATIONAL LEAGUE. Chicago R. St. Louis 400 000 000 4 Chicago 100 002 62 Jl Rivier, Kircher, Heines, North and Dilhoefer, demons; Martin, .York and O'Farrell. At Boston R. H. E. Brooklyn 110 100 200 05,11 1 Boston .100 031 O00 t 6 12 2 Smith, Mamaux, Miljus and Krneger; Scott and O'Neill. At PhiladelphiaNew York-Philadelphia, (rain). AMERICAN LEAGUE. At St. Louis R, H. E. Cleveland 020 012 20210 14 '2 St. Louis 400 000 000 4 12 4
0 0 0 2 0 0 0 0
0 0 0 0
Bagtoy-and O'Neill; Davis, Bajno, Boehler' and Severoid. At Detroit R. H. E. Chicago 102 000 0003 7 1 Detroit 100 000 0102 5 0
Faber and Schalk; Ehmke, Middle-
ton and Bassler.
At Washington R. H. E.
Boston 000 010 0001 8 1 Washington 100 400 02 7 13 1
Bush, Fullerton and Ruel; Erickson
and Gharrity.
At New York Philadelphia-New York. (rain). AMERICAN ASSOCIATION. Indianapolis R. H. E. Indianapolis 010 031 20 7 15 0 Columbus 040 100 0005 11 0 Stryker and Gossett; Sherman, Martin and Wilson. At Louisville R. H. E. Toledo 300 10 010 05 S 2 Louisville 200 010 002 16 10 1 Okrle, R. Wright and Clark; Sanders, Estell, W. Wright and Meyer. At Milwaukee R. H. E. St. Paul 301 000 0004 It 3 Milwaukee 000 600 10 7 11 2 Kelly, Williams and Allen; Gernin, Lingerel and Dunn. At Kansas City Minneapolis-Kansas City, (rain).
How They Stand
0 0 3 0
2
0 0 8 0 0 0 0 0 0 0 0 0
NATIONAL LEAGUE Clubs Won Lost Chicago 2 0 New York 2 0
Pittsburg 2 1 Boston 2 1 Cincinnati 1 2 Brooklyn 1 2 St. Louis 0 2 Philadelphia , 0 2 AMERICAN LEAGUE Clubs Won Lost Cleveland 2 1 Washington 2 t Detroit 1 1 Chicago 1 I New York 1 1 Philadelphia 1 1 St. Louis 1 2 Boston 1 2 AMERICAN ASSOCIATION
Pet
1000 1000 667 667 333 333 000 000 Pet C57 667 500 500 500 500 333
Baseball in Richmond will get start
when the Eagles cross-bats with the Dayton Tellings in the opening game of the season at Exhibition park, providing weather conditions are favorable, at 2:45 p. m. Diamond fans of the city will get a
chance to see what kind of a team is
going to represent tnis city in mae-,
pendent circles this season when the Eagles flock onto the field Sunday. Announcements made by the management of the club indicate that the lineup will be virtually the same as that which played a high class ball last summer. Several new players will be out ready to be shoved into the lineup for a tryout. It is the intention of the Eagles to have a first class aggregation to. present to. fans of the city throughout the summer months. A stiff battle for some of the places on the team will be staged, it is expected. Hewett in Lineup. Hewett has been secured to take the place vacated by Cy Fitsgibbons in the right garden. He has had considerable experience with independent teams in this community. The remainder of the lineup to start the game is familiar to local followers. Announcements from Dayton as to
the lineup of the Tellings, former Dayton Lilly-Brews, states that they will come to Richmond ready to take the! "bacon" back to Buckeye land with' them. They have a strong independ-!
ent battery in Rex Smith, - catcher, and Korne, slab artist. Both of these men have reputation around Dayton and will come prepared to handle local stick swingers. M inner and Haas will form the battery for Richmond. This combination worked well last season and should
Ka Avon Katfa tVifa vca.
The lineup as given out Saturday is
as follows: Dayton Tellings, McManus, !
ss; Fox, 3b; Johnson, cf; Dedisman, lb; H. Colson. 2b; Paul, rf; Flazler, If; Smith, c; Korne or E. Colson, p; Bartell, utility; Richmond Eagles, Logan, 2b; Justice, cf; Reddinghaus, 3b; Burkett, lb; Eubanks, ss; Holmes, If; Hewett, rf; Haas, c; Minner, p.
0 o 1 0
Totals 31 1 4 27 15 0 Williams batted for Rixey in eighth inning. Pittsburg AB R IB PO A E
0 1 0 0 6 0
Bigbee, If 4 1 0 1 Carey, cf 3 0 1 1 Maranvillle. ss 4 0 1 0
Barnhart, 3b 4 0 1 1 2 t Whitted, if 2 0 1 2 0 0 Tierney, 2b 3 0 1 1 4 0 Grimm, lb 3 1 0 17 0 0 Schmidt, c 3 1 2 4 0 1 Hamilton, p 2 0 0 0 4 0 Mokan 1 0 0 0 0 0 Yellow Horse, p 0 0 0 0 0 0
Clubs Won Louisville 3 Indianapolis 2 Milwaukee 2 Minneapolis 1 Columbus 0 St. Paul 0 Kansas City 0 Toledo 0
Lost 0 0 0 0
Pet
1000 1000 1000 1000 ooo 000 000 000
Totals 29 3 7 27 16 2 Mokan batted for Hamilton in eighth inning. Innings - .1 23456789 Cincinnati .......0 0 0 0 0 0 1 0 0 1 Pittsburg 00000003 0 3 Two-base Hits Daubert 2, Carey, Barnhart. Three-Base Hits Bressler. Left on Bases Cincinnati, 4; Pittsburg, 4. Double Plays Hargrave to Crane; Tierney to Grimm. 1 Struck Out By Rixey, 2 ; by Napier, 1 ; by Hamilton, 1 ; by Yellow Horse, 1. Bases on Balls Off Rixey, 3; oft Hamilton, I. Wild Pitch Hamilton. Base Hits Off Rixey, 6; off Napier. 1; off Hamilton, 4. Time of Game 1:50. Umpires Rigler and Moran. SPORT
NOTRE DAME AND WISCONSIN PLAY DRAW SOUTH BEND, Ind., April 16. Notre Dame and Wisconsin battled through 11 innings of real baseball here Friday to a 3-to-3 tie. The game was called by darkness after Wisconsin had tied the score In the ninth and both teams threatened to score in the rxtra periods. Notre Dame ..030 000 000 003 10 3 Wisconsin ...100 100 001 003 7 0 Batteries Foley, Castner and Blieverknicht; F. Williams and Davy.
Indiana Tramples on Tigers, 16 to 0 BLOOM INGTON, Ind., April 16. Playing errorless ball up until tho last half of the seveuth. Indiana defeated DePauv,-, lo to 0. in the season'3 curtain raiser Friday afternoou. Tho Methodists failed to get a single hit until the ninth frame, and in that session Kruheman hit Faust for a twotagger and Davis touched him up for a single. Indiana batted Bills out of tho box in the fourth and Fisher, who succeeded him. gave away to Bills again in the seventh. Indiana 030 403 60 16 14 2 DePauw 000 000 000 0 2 7 Batteries (Indiana) Walker, Campbell, Faust and Minton; (DePauw) Bills, Fisher and Slutz.
GAMES TODAY. National League. Pittsburg at Cincinnati. Brooklyn at Boston. New York at Philadelphia. St. Louis at Chicago. American League. Chicago at Detroit. Cleveland at St. Louis. Philadelphia at New York. Boston at WashingtonAmerican Association. Columbus at Indianapolis. Toledo at Louisville. Minneapolis at Kansas City. St. Paul at Milwaukee.
Lively Tilt Expected
at Eldorado Sunday The Miller-Kemper baseball team I
will journey to taaoraao sunaay anernoon to cross bats with the team of that city. This will be opening game for both teams and a. lively game is predicted as both teams have been
practicing for several weeks and are in PTPrilent condition for the Jtame. i
The Kempers will meet at the home of Manager Charles Fessel and will leave for the Ohio city at 12:30 o'clock Sunday afternoon. The trip will be made by automobiles. Several rooters are planning on accompanying the trip to Eldorado.
TENNIS COURT WORK WILLSTART MONDAY
Work on the tennis courts to bei
built in the Glen Miller park will begin Monday if the weather permits, according to City Engineer Dell Davis. The courts have been laid out. Two
courts will be made and it is possible
tnat more will be made if tne demand is great enough. The courts will be constructed just east of the Glen Miller green houses and north of the pavillion. It is possible that these will be the only courts in the city available for the public use and a big demand is expected. To meet this demand a meeting of
the Richmond Tennis association will i
be held with Mr. Davis some time the latter part of next week when plans will be made to regulate their use. Several plans have been submitted and a definite one will be decided upon at this meeting. The suggestion which seems the most probable is that a man be appointed to look after the courts and every person wishing to use the courts having permits, the time being limited to one and one-half periods. At the end of the period persons having the court for the next hour must present their permit before they can have use of the court. A downtown store is suggested as a place where reservations might be made.
Coal beds which have been found near the south pole show that at one time the climate there was mild.
Bill Raney to Manage Eaton Baseball Nine EATON, O., April 16. Announcement of the selection of Bill Raney as manager of the Eaton baseball team for the coming year was made by the committee appointed to select a manager. Raney is a capable man for the job and will get his team working within the next few days.
NATIONAL BASEBALL MEETING. (Py Associated Press) CLEVELAND. O.. April 16. The board cf directors of the national baseball federation were in session here today for their annual spring meeting. Delegates from New York City reported 14 leagues in eastern cities niter two weeks' work. Plans call for the extension of the field of the federation into Connecticut, Rhode Island, New Jersey, Massachusetts, Maine, Vermont and New Hampshire.
Preparedness is good stuff for the fellow who wants battery results. Willard Service helps a lot. KRAMER-EDIE BATTERY CO. 1105 Main Phone 2826
Checker Tourney Sunday The checker tournament for the championship of Richmond will be held at the number five hose house on West Fifth and Lincoln streets Sunday afternoon at 1 o'clock sharp. It is predicted that a large number of checker sharks of the city will be at the tournament. It is requested that all men who are planning to compete in the tournament bring their own checker boards. No fee is charged for the meet and every checker player is invited to attend.
For Business or Social Wear A suit that is tailored to your form, carries individuality and gives you longer service. Cleaning and Pressing C. CARL YOUNG Tailor for Men Who Care 8 N. 10th Phone 1451
ing space on his private motor car to tradesmen.
Altering, Repairing, Relining Carry and Save Plan
JOE MILLER, Prop.
617'', Main St.
Second Floor
BICYCLES $63 Crown Motor-Bike PJQ QQ ' ELMER S.' SMITH The Wheel Man 426 Main St. Phone 1806
See the New Indian Motorcycle
i
Tires
Oh, yes; the tread will wear out if you run it long enough. But we have seen thousands of Sterllings with the tread still good after 10,000 and 15,000 miles even up to 20,000
H. E. Willits 17 S. Ninth St. (Successors to C. E. Stonecipher)
(Advertisement)' . -. ; . , ' . , - . . . ' ... The Monarch Casing Supply Company OF INDIANA (Incorporated) ' Capital, $110,000 Richmond, Indiana Shares, Par Value $100 ORGANIZATION :" THE MONARCH CASING SUPPLY COMPANY OF INDIANA is a corporation chartered and organized under the laws of Indiana, articles of which are filed for record in the office of the County Clerk of Wayne County. Indiana. The following gives the detailed plan of THE MONARCH CASING SUPPLY COMPANY OF TEXAS: . ' : THE MONARCH CASING SUPPLY COMPANY OF INDIANA will continue to buy stock in the TEXAS COMPANY until the INDIANA COMPANY his acquired the full amount of its incorporation. $110,000. The TEXAS COMPANY is capitalied for $200,000. NATURE OF THE BUSINESS The principal business of .the company will be the furnishing of casing (better known as pipe to those not familiar with the oil business) for the drilling of oil wells, in return for an interest in the well or lease. For the present, at least, our operations will be confined to the Breckenridge district, which includes. Stephens County, Texas, and southern Young County. THE OPENING FOR SUCH A BUSINESS An outstanding feature of the Breckenridge district is the fact that it has been, and is being, developed by the small operator. By "small operator" is meant the man or concern with limited capital. About one-third the expense of drilling a well and about three-fifths of the necessary initial cash outlay is the cost of the casing, and the casing is practically the only salvage should the well be dry. A string of casing (which consists of the sizes 15'2 12f2 in., 10in., 8J4 in., and 6Y& in.) depreciates only about 10 in value by being used for drilling a well, but under ordinary and usual conditions the amount realized for casing salvage is about 50 of its cost. Further, there is a part of the string that is used only in the process of drilling. This is the larger sizes 1 5 Yl in., 2Yz in. and 10 in., which is removed after the well is completed, and is of no use in equipping or operating a producing well. From the foregoing it is clear that there is and would be a great demand for the services of a company that would deliver to the operator, without any cash ouday on his part, the necessary casing to drill his well; and would take all the casing off his hands should his well prove to be dry, and the larger, useless sizes, should he get a producer. THIS IS THE SERVICE WE WILL FURNISH. Such a service has been furnished by individuals in a few instances, but there has not yet been organized in this field, (or any other field that we know of) a company that would make this its principal business. Our Mr. Monarch, who will have charge of the field work, has been in the casing brokerage business for the past two years, and is an experienced casing man. He has been cajrrying on his business in the Breckenridge field since its discovery, and it was in the course of this business that he saw the possibilities of the idea upon which we are basing the operations of this Company. He is even now being daily importuned to furnish the service that our Company proposes to furnish. In the few cases where this service has been financed and furnished by individuals, the contract was about as follows: The party furnishing the casing places it on the lease, and is assigned a three-sixteenths or one-fourth interest in the lease (depending upon the location and the amount of acreage). If the well comes in a producer, the larger sizes of casing are returned to him and he is paid the market price of the casing not so returned, out of the oil run from the well. If the well comes in dry, the operator pulls all the casing and returns it to him, paying for any damaged. From our knowledge of the field we know that there is not only a present demand for such service far in excess of the persons or concerns able to furnish it, but the mere operations of such a company will increase the demand, for small leaseholders will thereby be able to drill their holdings, who could not otherwise finance the drilling. THE POSSIBILITIES OF SUCH A BUSINESS It is a fact well known to those familiar with the oil fields that the very best leases in the field carry stringent requirements as to the commencement of operations. A man who owns a lease close in to production wants it drilled without delay; therefore he inserts the provision in the lease that drilling must commence within a short time, usually thirty to sixty days, or the lease will be void. Your operator, then, must finance his proposition quickly. If times are such that money is plentiful and easy to get, he finds that casing is very scarce, and if he can' get it at all, the time of delivery is very uncertain. If casing is plentiful and easy to get, it is because there is a money stringency. Therefore, he will welcome the chance to have his casing delivered to him promptly and at a saving of about three-fifths of the initial cash outlay that otherwise would be necessary. It follows, then, that we can get casing contracts on some of the best leases in the field, and it has so worked out in actual practice where such contracts have been made. Our capitalization will permit the ownership and operation of ten complete strings of casing. Let us assume, then, that we have ten complete strings to let out on these contracts. We would have a three-sixteenths or onefourth interest in ten drilling wells. If there is one good well out of the ten. it would return to us our entire capital. It would be unusual if fewer than eight of the ten wells came in producers. The last report of completions in the Stephens County field covering from January 1st to February 15th of this year, given in the Oil and Gas Journal, of Tulsa, Oklahoma, shows that out of 1 39 completions only eight were dry holes and four gas wells. Counting the gas wells as valueless, (which is by no means the case) it shows 91 Yl per cent of the completions to have been producers, and the same percentage applied to our ten wells would give us nine producers. It takes from sixty to ninety days to drill a well in this field, ajd that is the time our casing would be working. At the end of that time it would be available for other contracts. But let us be ultra-conservative and assume that the first ten wells were dry. We would not have sustained any loss except depreciation, for with this same casing we could drill fifty more wells, as a string of casing can be used to drill from eight to ten wells, but we have figured on only six times to be conservative. What has been the expense of our operations? On each string of casing where the well is dry, we are out the depreciation of about ten per cent for each time used and our overhead expense. On each string where the well is a producer, we lose the depreciation only on the larger sizes which are returned to us, for we are paid the market value of all casing damaged or not returned and we go into the market and buy sufficient casing to replace that damaged or not returned. Look at this in another way. A complete string of casing costs' about $20,000. The depreciation for use once would be about $2,000 and the overhead expense of handling, etc., not to exceed $1,000 for each string, or a total expense of $3,000 for each string, or $3T),000 for all ten. If our contracts were for only a three-sixteenths interest in the wells we would have the equivalent of two complete wells. (The greatest possible interest in a well is seven eighths, for the landowner gets one-eighth as royalty). Under what other proposition can you get two complete wells for $30,000? No sane man will start to acquire a lease and drill a well in the Breckenridge fields without appropriating at least $100,000. Look at it in still another way. You can take $100,000 capital, get a lease and drill a well. If you get a dry hole you have wiped out your entire capital and have nothing. Under our plan, if the cost of using a string of casing once is $3,000 this $100,000 capital would be exhaused after we had bought and run five strings of casing in 30 wells. But, we have had 30 chances of striking and getting a three-sixteenths interest in every well, instead of one chance of striking and getting a seven-eighths interest. Summing it all up, we put up the necessary capital (casing) for three-sixteenths or one-fourth interest and get that capital (casing) back immediately upon the completion of the well. We buy the interest, then get back the purchase consideration, and still own the interest we bought. Some facts about the Stephens County field: " " " ' " ' " The Stephens County field is known as the world's greatest oil field. The production of Stephens County alone represents 40 per cent of all the oil produced in Texas, which state ranks second only to California, and by only a few thousand barrels. The production of this county alone exceeds the total production of any state in the Union except Oklahoma, the latter ranking third in production in the United States. The production of oil wells in Stephens County amounts to more than 120,000 barrels per day, or around 3,600,000 barrels per month. In one year this-would amounTto 43,200,000 barrels of oil produced from this one county. The Oil Ledger reports show that this district sends dividends amounting to $1,000,000 per month to investors on the Pacific Coast alone. You must also consider that this is the youngest oil field of any great consequence in the United States, and has yet only been "scratched." Following are a few of the largest wells in this district: Carey No. 2 of the Mid-Kansas Company. This is the first big gusher in this county, and had an initial flow of 1 0,000 barrels daily. Stoker No. 2 of the Gulf Production Company. This well had an initial flow of 12,000 barrels daily. It was brought in early in May of last year, and has averaged about'5,000 barrels daily production. Pierce No. 1 of the Gonzolus Greek Oil Company. This was a 9,000 barrel producer on the townsite of Breckenridge. Ward No. 1 of the Plateau Oil Company, just outside of the city limits of Breckenridge was an 8,000 barrel well. r Swensondale Oil Co. No. 1 , 8,000 barrels daily. The latest big gusher is the Goodwin No. 7, which came in on Washington's birthday, with an initial flow of 1 5,000 barrels per day. Probably a dozen wells in the county have come in for a daily production of 5.000 barrels or more. This newest Breckenridge gusher is earning $30,000 per day. The 127 producers mentioned in the Oil and Gas Journal report came in for an average production of 400 barrels per day per well. - '..' In presenting our proposition to you we have given you facts, where the facts are known or can be obtained, and where estimates are given we have not over-estimated, but have rather under-estimated. Our plan of business practically eliminates the great risk peculiar to the oil business. Our proposition is just another application of the principle of specialization. This is your opportunity to share in the profits from the production of oil without the usual risk. The possibilities are unlimited. The stock of the company is non-taxable in Indiana.
The Monarch Casing Supply Company of Indiana
317 Colonial Bldg. "A Conservative Business of Service" Telephone 2443
RICHMOND, INDIANA. , 5 Approved by the Indiana Securities Comission, April 4, 1 92 1 . " " ; :
rvererence: rmoL, immi vuifau dswiv, ruenmona. j. Mcrvc4NZ.ic iVHjrMAKVrl, rresiaenu - - Counsel: FRED A. SIMS. Indianapolis, Indiana. RODNEY C. FOULKE, Vice-President. f.a
H. L. MONARCH, Secretary-Treasurer.,
V
4
t-'t i
-XL. re-afrit
MEYER & KEMPER N. 5th Opp. City Hall
T 'i