davidaulloa/AmericanStories huggingface dataset:
, 1923-10-28

some other method, depends upon a
number of fnctors such rs the To-
cation of the well. quantity OF oil,
amount Of sand. water and emulsion
produced with the oil and depth
from which the oil is produced. The
combined influence Of many factors.
rather than any one factor, de
term'nes what production method
should be used.
Conditions which influence operat-
ing costs and are peculiar to any
property or oil field are: The depth
and character Ct the producing sand.
the amount and character OF the OF
present, the noun and pressure
of the gas present, the volume and
character of the water present. the
character and quantity Of fuel avail
able for development and operating
requirements. typographical condi.
tons. number of wells in the area,
quantity and quality Of water for
development and operating
living and climatic conditions. duan-
tity and quality of timber available
for fed use, transportation facill-
ties, probable life of the oil field.
present stage of development and
methods and equipment in use.
The financial condition and stand
ing OF the owners. the character of
the operating organization and the
capacity Of the management have a
vital bearing upon operating costs
and results. The larger and older
oil companies generally have strong
efficient organizations which are
the product Of years of experience
and development. By means OF these
organizations operating costs have
been reduced to a minimum. II Is
unfortunate. however. that many oil
companies, especially some q those
In the more recently developed OIL
fields. operate at unnecessarily high
cost with insufficient capital and in.
efficient organizations.
Detailed information ree,rdir,
lifting costs at the various proper.
ties studied in this investigation arc
given in Serial 1880. by H. c. George.
petroleum engineer, which may bo
obtained from the department of
the interior. bureau OF Mines. Wash.
ington, d. c.
, 1923-10-28
Cost of Lifting Crude Is
High in Producing Expense

WASHINGTON. D. C.-The cost
Of lifting oil from the well to the
stock tank may range from 20 to 90
per cent OF the total cost of produc
ing petroleum. states tho depart.
ment OF tho interior, following an
Investigation OF the matter made by
the bureau OF mines. IN which 81
groups OF properties with a total of
4.49T producing wells were examined.
The lifting cost frequently ranges
from less than 3 cents per barrel at
flowing wells producing several hun.
dred barrels a day to more than SO
a barrel at wells producing less
than n fifth OF n barrel per well
per day. on the other hand, the
lifting cost FER wen per month may
range from more than a thousand
dollars at large flowing wells such
as those recently developed in Okla.
homa, Texas, Arkansas, and Califor-
MA, to less than $40 at many OF the
old wells pumped only a few hours
n week. ms in most OF the oil fields
or New York md Pennsylvania,
, 1923-10-28
Canadian Wheat Purchases
Cause Decline in Chicago

CHICAGO, Oct. 27.-Large pur-
chases OF Canadian wheat amount
ing to nearly 5000. 900 bushels for
shipment to the United States
brought about n decline today in
the wheat market here after a
strong opening. closing prices being
unsettled at fractional losses with
December quoted at 1.06h and May
at Liz. Trading In corn was
sympathetic with wheat, aided by
reports of heavy movements in new
corn the closing being heavy with
December at 1874,
Notwithstanding today's losses
prices displayed n substantial in
crease over a week ago, the improve
ment being brought about Largely
by flour inc exports to Germany
and prospects of government aid in
financing the movement.
Wheat traders during the week
displayed a great interest in plans
advanced for the purchase of 50.-
O00,O 600 bushels OF wheat for export
TO Germany on long term credit.
Talk centered in prospects of a con-
ference between leading grain men
Rnd President Coolidge. Prospects
OF a conference on German repara-
tons in which the allies will join, in
Guiding the United States. was also
a Fostering factor in news develop
ments n reports OF abnormally
, 1923-10-28

WELLESLEY HILLS, Mass, Oct.
27.-"The steel industry gives us
both a barometer and a thermometer
OF business according to Roger w.
Babson, whose associates have just
completed a survey of this great
industry.
"Steel prices,'' says Mr.. Babson
in n statement issued today, tend
to follow general business-to act
as a thermometer in measuring.
roughly. prosperity or depression.
During the early months of this year
business was active and the price OF
steel billets advanced 80 per cent
from January to April. 1t was evi
dent by them that the improvement
had been overdone and business
took to caution and conservatism
Il condition still prevalent.
Iron and steel prices very natu
rally followed. For the past six
months production has dropped and
prices have been steadily declining
Despite the reimbursement 10 date. !
do not feel that steel prices or pro
duction have reached the low
point. II should be borne in mind
that during the war period our pro
ducing capacity was greatly stimu
lated. The actual output of stee'
in 1913 was about 81 900 900 tons
with a producing capacity of prob
ably IS, 0O0, 900. So far this year
the steel industry has operated on
a basis of more than 10000 900 tons
annually, a ate materially over the
actual output of recent years. AS
"A matter of fact the abnormal stimu-
lation in steel output started in
August. 1921. In 1922 total output
jumped 75 per cen over the pre-
vious year. while production during
the first nine months of this year
stands over so per cent above the
same period of last year. However.
the main point is, If this country
we're called upon, we could produce
steel at between sc, 900 900 and 3d.
900 900 tons annually. Even today
at the current rate of 0.000, goo
tons, we are producing more steel
than we can onsum and export.
Nor should we lose sight of the fact
that our European neighbors ex-
panded their steel producing capa-
city to cope with abnormal war
needs.
THE underlying situation Is well
defined by untitled tonnage-the
barometer,-which from the low in
February. 1929. of 4,141. 600 tons
climbed with little interruption to
7 403. 600 tons in March of this year.
Today, six months later, untitled
, 1923-10-28
Sugar

NEW YORK. Oct. Pho chanrc
resulted in the market today for ro.
fined sugar. fine graduated holaing
firm at $40. Futures follow. no
cember' 4.96' March. 3.9s; May. 4.o4.
July, 40.
, 1923-10-28

R~EACTTONARY E.
IN STOCKS REPORTED
New Low Marks for Season Reached by Scores of
Issues in Short Session Saturday But Leaders
Display Resistance

So and dropped TO 50. moved back
to Sc before the close. Sales for the
day amounted to approximately
$4,000 shares and the closing was
heavy.
Selling pressure during the week
was concentrated in large part in
the specialties. coppers, rubbers and
feathers. the coppers rejecting the
movement i'm the price of metal due
to speculative fear over a falling of
in export business as a result OF
sensational developments in Ger
many.
Foreign exchanges rallied toward
the close Of the week after a de-
cided slump. while money rates were
easier with a larger supply avail
able.
, 1923-10-28

BUSINESS N STEEL
CONDITIONS IN u. S.
Billion Dollar Industry Is Nations Greatest Barometer
of Business Trend in Nation,
Statistician Says

tonnage has dropped to approximate
" 5000 900. General business as
reflected in the Babsonchart has
dropped to 10 per cent below nor.
NAL. My main thought is hal al.
though no radical departure from
the present price level is indicated,
a survey of actual conditions shows
hat the weight is certainly on the
bear side, as 1t is in most lines to-
day.
"On the financial side we inI
further evidence of this slowing up,
in the amount of recent rednancing
which has been undertaken by some
Of the newer companies" continued
MI. Babson. During periods of
record-breaking business. new II.
nancing, it is true. may be required
by the old conservative manufac-
turers for justifable expansion as
well as the new ones. 1t is a char
acteristic sign of the beginning OF
a sharp competitive period, however.
when many new offerings of funded
ises annear in connection Win cor.
norate Nance mt are now IN in.
vestment Iists THO ahsenco ~ .ry
noyy anancinc on tba rar, Of o1daI.
concarns ~ s,,ch ner,oSs ,Iw,,s e
noticeabIe II is tho time ,vhen tho
move exnorIencad m-anasement ts
conserving resources, limiting new
reducing indebetdness rather than
taking an more overbead signs Of
his stage Of business baya MOI heer
Iacktng in Tho IRON and stoeI indus.
, 1923-10-28

Two Salt Creek competitions arc
reported by the Ohio OIL company
for the past week. An Increase in
gas and $500 feet Of oil in the hole
makes the company's test of Rex
Lake look better than ever. The
present depth of this Albany county
well is 3.s45. or three feet in the
second Muddy sand. The drill will
he pushed through h Muddy series
into the Dakota where big produc-
ton is expected.
The heavy flow Of gas at Oregon
Basin recently struck Will not deter
the company from carrying its hole
into deeper sands. At present cas-
ing is being mudded at 1,705 feet.
Following Is given in detail n re-
port Of other Ohio operations:
Salt Creek.
No. / Tract C, account No. 2. sec.
17-se-7S; completed at 2,e05 #. but
not yet tested.
No. 2 Tract G., account No. /, sec.
~17-39.Is; completed at 2,6O5 IT., but
not yet tested.
No. 4 Tract EFT, sec. 2O-se-7s; side.
tracking liner at 2,715 IT.
NJ. 8 Castle Rock, account No. .,
sec. 1880; drilling at 2.215 II.
No. Z Castle Rock. account No. /.
sec. 12-3o-79; running 65s casing at
1897 It.
No. - Dain, No. . oPC sec. 1872
20; drilling at 1850 #.
Rock River.
No. . Harrison Cooper, sec. 3-1e-
rs: drilling at 3,420 It.
No. 1. Harrison-C Cooper. sec. lib
rs; drilling at 3,055 #.
No. 10 state, sec. S4-2o-7s; drilling
at PIGS II.
, 1923-10-28

For results try a Tribune Ola sal.
fed Ad.
, 1923-10-28
Two Producers Drilled in
By Ohio During the Week

No. Ii State. sec. 24-2o.7s; drilling
at 2.795 #.
No. ? Diamond, sec. 27-2o-7s; drill.
ing at 2,34O It.
Grass Creek.
No. 4 Washable. ccoun No. 8,
sec. 1s-46-9s; shut down at $50 It.
No. 10 Wiley, sec. 19-46-9s: shut
down after cementinE.
No. 80 State. sec. 1868: cement.
ed and shut down.
No. 6S Mfliron. sec, 2O-4s-9s; ce.
mented at 1880 IT. and shut down.
Baxter Basin.
No. 1 sec. 14-17-1O4; spudded in
and shut down.
No. l sec. 22-16-104; cleaning out
with gas showing OF around 5000 900
cubic feet,
Lance Creek.
No. 1 Thompsoni sec. 1856: drill
ing at 3,432 It.
No. sohurick. sec. 5-35-e5; drilling
at $3.50 It.
No. 2 Cash. account No. l sec. 4.
1886; shut down at 3,1OO It.
Northern Montana.
~ . 4 AAAAl'7 ut Alaisht Scus -
24-24; drilling at $40 II.
No. 2 Huebschwerlen on Sherard
Dome, sec. 16-25-17; drilling at 700 f..
Elk Basin-No. IA Woods. No. 3
claim, sec. 3O-5s-99; cleaning out at
total depth 1870 It.
Obrien Springs-No. 2 sec. 2-24-
81; cemented Mt $500 II.
Hidden Dome-No. 1 sec. 31-4s.gO.
shut down at 2.345 It.
ByrOn-No. 1 sec. 32-56-s7; under
roaming Mt total depth 1855 It.
Utah-No. l Coalville, sec. 6.2n-
&c; fishing at ITO It.
, 1923-10-28

NEW YORK. Oct. 27.-Continua-
ton of the re~actionary trend which
has marked the stock market during
the last week was noted in today's
short session OF the New York ex'
change wit ha hint Of forced selling
In the liquidating movement, which
covered a broader list than hereto
fore. Strong resistance, however.
wa offered by the leading railroad
and industrial shares.
New low records for the year
were established by many stocks,
the avalanche carrying with it
losses of from one to four points
in two score different issues. Amer
lean Sugar and Coca Cola yielded
the most to selling pressure, while
Famous Players. which opened at
, 1923-10-28

Preparations are being made bv
the Ohio oil company to drill another
Wen on the Rex Lake structure II
its present test proves worth wbue
me new location has been spotted
n quarter OF q mile east OF the hole
now being drilled on sec. 2s-16.77.
, 1923-10-28

where the average daily production
per well per day is less than a quar-
ter OF a barrel.
Whether a well flows. whether II
* pumped individually ION the
beam" pumped as one OF n group
by a power" or jack plant, ope-
rated by the nir.lift system or by
, 1923-10-28
Surveys Rex Dome Line

A survey is now being made from
Rex Dome to its trunk lines running
into Laramie by the Illinois Pipe
Line company. A line will be put
IN as soon as Rex structure is found
to be commercially productive.
, 1923-10-28


|hurt
|aist
lever
, 1923-10-28

cold weather in the Argentine were
likewise construed as bullish.
Some selling was brought about
during the week by settlement Of
the controversy between vessel
owners in the United States and
Canadian officials affecting the
handling Of wheat shipped from
Canada. Although Winnipeg bought
heavily on the news, Chicago traders
placed a different Interpretation on
It's effect on the market here.
Setbacks in the price of corn for
the week were attributed to read
justment Of the market from an old
crop to a new crop basis.
Today's range Of grain and pro-
vision prices follows.
open High Low Close
The Birmingham age-herald., 1923-11-18

talk on the benefit of the automo- bile, truck and good roads to the farmer, Mir o Brlen, who has made an exceptionally thorough study of this work, said in part:
 Good highways greatly widen his area of distribution. They enable him to go to points where better transport he can do this with a great saving of time, and time means money in handling farm products
 "A farmer must be able to move his products rapidly when the de- mand is active, especially if perish able and thus theN element of trans portation Is of vital importance to the modern farmer.
 'The motor car and motor truck have greatly added to the farmers ability to increase his business, and every community that has shown an increase of car and truck sales will show an increase in productiveness.
 "The modern farmer must be eff cient. There is no favorable out look for the inefficient in any line of business.
 Lower cost of production and of marketing will be worked out of the man who uses modern scientific and practical methods, who mixes brain with his brawn. who knows where his production can be distributed to his best advantage, sand who is sit uated so as he has the ability to make use of good highway transpor- tation. On a good highway his cost of delivery is lessened and his prof it's therefore increased.
 Good motor transportation en- ables the farmer to create greater variation in his crops and to pro- duce more of the perishable crops such as fruits etc, that return quick profits, This might be compared to the speeding up of turnover in in dustrial and mercantile establish ments with resulting benefit.
 "The motor car and good roads have put the city and country closer together. They unite neighbor with neighbor, town with country, store with customer, school with pupils and church with worshipers. They make a neighborhood of country and help do away with sectional misunderstanding as well as isola- tion of thought. They have helped much inf developing the cooperative plan of marketing which has enabled
The Birmingham age-herald., 1923-11-18
BIG INCREASES IN NASH SALES
Sales In Birmingham Report ed As Doubled In Four
 Months

The Nash car has enjoyed during the past year one of the greatest in- creases in sales any car has ever ex- perienced.
 Many reasons have been advanced for the increasing popularity of the Nash. Perhaps the most logical of the reasons is that the Nash factory has always built an honest value in the Nash car. It takes time for the public to find out whether a car is good or bad, but after the truth is once learned, the fate of that car is soon determined. Nash has been good from the first. In fact. Nash owners invariably say that the Nash slogan, Mash leads the world in mo- tor car value" is correct.
 However, Nash dealers everywhere seem to think that Nash owes sone of it's increased popularity to the fact that the Nash factory has always been original in every way. The Nash engineers have never found it necessary to copy the design of an other manufacturer in order to main tain Nash business. Both in n.echan- ical design and body design Nash has been leader, other firms falling in line with Nash ideas after Nash had proven them successful.
 The local Nash distributor, McCor- mack Brothers Motor company, who have increased Nash business in this territory more than 100 per cent in the past four months, feel that their marked success has been due to the fact that the public is ever ready to appreciate good, honest value sold by a house that is reliable from the ground up, and who will stand squarely behind the merchandise they sell.
The Birmingham age-herald., 1923-11-18
WOCO PEP HAPPY FUR NAME
Value Of Trade Mark ESti- mated High As Million
 Dollars

The trade mark "Woco Pep" as ap- piled to motor fuel has won national attention as a happy choice for name under which to market new product Through it's advertising It's sales efforts throughout the south east, the Wofford oil company has made It's trademark a criterion to which other motor fuel names are compared. The short, snappy sound of the name "Woco Pep" its easy pronunciation and remembrance and it's striking design have made the trade mark one of the most widely aouth.
 The story of the selection of the woco Pep trademark is an interest rived from the initials of the name of the firm Wofford Oil company, and the designation Pep was add ed when motorists began, five years ago, to call this new motor fuel That poppy stuff" The character istic design~ef the trademark with it's joining of the W and P, has fas- tened it into the minds of motorists with a never-to- be forgotten te- nacity.
 The value of the woco Pep trade mark has been estimated IS high as a million dollars by advertising men into contact with the Wofford Oil company. Its highest tributes have been various attempts to indirectly initiate it-such words as Pep" Zip" and the like being very popular among motor fuel makers. The Wolf ford Oil company has, at times, claimed that Woco Pep is q trade
The Birmingham age-herald., 1923-11-18
PRICE REDUCTION
 INCREASES VALUE
New Low Prices Give Chev- roIet Cars And Trucks
 UnequaIIed Value

N"QuaIity cars at quantity prices" has been the slogan of the Chevrolet for many months. And it is not merely slogan, but fact, as any will testify. Now, quality has been increased per dollar of cost through the recent price reduction.
 Never before in the history of the automobile business has so much automobile value been offered per dollar of price.
 The newspapers and magazines are full of articles about the low pur- chasing power of today's dollar that present high wages are more than offset by the high prices of general commodities.
 Farmers, in particular, have been demanding a more equitable trading basis for their products in compari son with manufactured products.
 Therefore, when the Chevrolet Motor company in the face of high wages, high material costs, and de- mand for it's product in excess of Ct trent supply, announced such eX- tensive price reductions, on Septem- Der l, strong impression of leader ship and strength was given to the whole public and to the trade.
 This action has been of necessity, followed by others, but buyers recall that Chevrolet took the initiative towards more economical transpor- tation.
 The point is that people no longer have to pay high prices to get high quality automobiles.
 Those of the modest purses, who must give cost first consideration, are bound to select Chevrolet, not only because the purchase price is so near that of the lowest priced car in the market, but also because now, more than ever before Chevrolet, throughout the life of the car, aver ages the lowest cost per mile in transportation price, carrying charges and upkeep considered. Many Quality Features.
 Chevrolet has style enough for the weE to do.
 Chevrolet has modern equipment.
 Chevrolet has plenty of room.
 Chevrolet retains it's shape and good appearance.
 Chevrolet has very low purchase prices.
 Chevrolet averages lowest operat- ing, costs.
 Chevrolet service is rapidly in- creasing in facilities and declining in cost.
 Chevrolet has low insurance rat ing.
 These are all factors which are influencing the purchase of more and more Chevrolets. People, the world over, are proving that they like the Chevrolet policy of building and selling. quality cars at quantity prices"
 They are proving it in no uncer- tain way by buying more than 2,000 Chevrolets a day. Which, after all, is the best testimonial that could be given anyone.
The Birmingham age-herald., 1923-11-18
USE OF MOTOR CAR INCREASES PRODU VITY
0IdSmobiIe Executive Speaks On Needs Of
 Farmer

Facts proving that every commu- nifty which has shown an increase in motor car sales has also shown an increase in productiveness were cited by Thomas OBrien, assistant sales manager of the Olds Motor Works, Lansing, Mich, during a speech before the joint session of the north central division of the National Highway Traffic association and the Michigan State Good Roads associa- ton. The meeting was held at the Michigan Agricultural college in East Lansing and other speakers in- cluded c. Lloyd Goodrich of the state educational department; George H, Pride, treasurer of the national asso- citation; Harry MeiXeu of the Ma tional Automobile Chamber of Com merce and Arthur H, Blanchard, president of the highway association and professor of highway engineer ing at the, University of Michigan.
 MT. O'Brien was asked to speak on "The Value of Highway Transport to the Farmer" and he dwelt at some length on just what are the desires and needs of the farm owner, enumerating four requirements of successful farmer. They were, he said:
 l. The ability to make a comfort able living from the land.
 9. To rear family carefully and well.
 3. To be of good service to the community.
 4. TO leave the farm more produc- tive than when he took it. In his mark that made Birmingham famous and many motorists, it is said, are Inclined to agree with them.
The Birmingham age-herald., 1923-11-18
OWNER OF LEE TIRE
 GUARANTEED SERVICE
Must Be One Hundred Per Cent
 Efffficient Says Simms

Thomas IL Simms. Jr., manager of the tire and accessory department at Drennen Hardware company, de- clares that Lee tires sold by him must give 100 per cent service. In case they do not do so he stands ready to make satisfactory adjust ment.
 The Lee line has just recently been acquired by the Drennen Hard ware company. 2013 First avenue, and a fine demand for these tires is reported MT. Simms has been ,den- tified with the Lee tire for so long that he has become known as the Lee tire man to hundreds of users of this popular tire. The Lee tire. how ever, is also sold by a-number Of dealers in the Birmingham district. The DreRnen company is arranging air stations on both Morris and First avenues.
The Birmingham age-herald., 1923-11-18

mark that made Birmingham famous and many motorists, 1t IS sald, are inclined to agree with them.
The Birmingham age-herald., 1923-11-18

fers of Birmingham has just completed fine trip Florida his Jewe roadster. He made the trip with trouble and small and created quite sensation by the of his Dayona beach, An indication of the mileage possible for the ewett found the fact that Mr. Jeffers made the of 5000 miles of tires that had already been 2.0OO miles without any tire trouble.
The Birmingham age-herald., 1923-11-18

the farmer to increase his income by getting a better price for his products"