davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1923-12-22
SAT- { GUARD|N
REAL ESTATE
SECURITIES
Nationwide Inquiry to Be
Made for the Benefit of
Investors.

Data that will give a nationwide
summary of investment returns in
the field of. real estate mortgages
and mortgage bonds as they are
financing the development of Ameri-
can cities will be brought together
through a QUESTIONABLE on real
estate securities now being sent out
by the mortgage and finance divi-
sion of the National Association
of Real Estate Boards.
The inquiry will deal with the
two prime requisites of any in
vestment, safety and profit. 1t will
draw from the experience of 1000
specialists in real estate mortgage
loans, as represented by their office
records since 1900. And it's find
ings are expected to reveal material
of great significance not only to
the great investment institutions
throughout the country and to men
interested in the financing of real
estate transactions, but to every
person with savings to be con.
served.
The study to. ascertain the de-
STABILITY Of real estate securities as
compared with other forms of in
vestment is the opening step in a
campaign undertaken as the cen
trail work of the division, to get
before the investment public the
facts as to mortgage securities, and
thus to keep up the normal flow
of investment money into the real
estate field.
1t is vital to general business
enterprise that this normal flow be
maintained and also increased as
rapidly as consistent with conserva-
tive practice, letter accompany
ing the QUESTIONABLE sent out
jointly by H. u. Nelson, executive
secretary Of the National Associa-
ton, and by Hiram s. Cody, chair
man OF the mortgage and finance
division of the association, points
out.
Findings Of the investigation will
be placed before banks, real estate
boards, chambers Of commerce, in
surance companies, estates, trust
companies and the public generally.
Here are significant facts in re-
gard to security and satisfactory
interest return of mortgage invest
ments as already ascertained by
the Investigations of the associa-
TONS mortgage and finance division.
Twenty-eight( Chicago mortgage
bankers have loaned 729 millions
of dollars on real estate mortgages
without loss to any investor
During the past two years forty
four of the great life insurance
companies, whose assets represent
a great aggregate of American saw.
ings, have increased the percentage
bof their mortgage Investments.
One company, with an increase in
assets of ten million, has invested
The Washington times., 1923-12-22
Trophy Urged for Each
Town Represented
In World War

Every city, town and hamlet
which sent delegation of
youths to the world war, will
win an American war trophy
as a reward, under terms of a.
resolution sponsored in the
Senate by Senator Wadsworth,
Republican, of New York, it
was learned today.
All captured German can
mons, howitzers and military
equipment would be distributed
in this manner.
A single proviso would limit
the distribution proportionately
to the number of men who
entered war service from each
State.
The Washington times., 1923-12-22
BIC MEETING IS
COMING HERE
=. IN JUNE
, National Association OF Real
Estate Boards Selects the
Capital City.

washington, D. c.. has been
ebosen as the place of holding the
seventeenth annual convention OF
the National Association of Real
Estate Boards by action of the as
sociation's executive committee.
The date of holding the meeting
has been set as June 3-6 inclusive.
The convention brings together
approximately 1000 persons rep
resenting every phase of interest
concerned with real estate, ana
constitutes the eliminating point
of the years activities for the 49o
local real estate boards OF the
United States and Canada making
I'D the Association.
1t is expected to be one of the
largest and most important con-
vocations of business men to meet
during the year.
Home building, wholesome and
efficient city development, the plot
ting of the industrial areas OF
cities, the financing of real estate
development, the management OF
real property, the national farm
land situation, the ethics involved
in the relationships of real estate
men to each other, to the clients
and to the public will be some OF
the large matters in the organiza-
ton of real estate as a business
which will form the topics of the
convention program.
Taxation reduction, and sys-
tematic tax adjustment toward
more equitable distribution, which
has become the central plank in
the general platform OF public
policies advocated by the assoc1a-
ton, is expected to be an important
conference subject.
Annual conventions of the seven
great divisions into which the as
ISOLATION has resolved itself for
detailed study of specialized bust
ness problems will be held in con-
nection with the general meeting.
Morning sessions will be given over
to questions of public policy involv-
ing the interests of real estate as
a whole and to the discussion of mat
tiers of business organizations of inn
portance to the entire membership.
Afternoon sessions will be given
over to simultaneous sessions of
the divisions, each session becoming
q conference of business specialists
for the exchange of business ex-
perience and the development of
general standards of business prac-
tice.
j. c. Weldon, president of the
Washington Real Estate Board, has
extended on behalf of the board its
cordial and unanimous invitation
to entertain the 1924 convention in
the Capital of the Nation.
EVERY member of this board
q letter to the association states,
will feel highly honored by your
presence, and will do his utmost
to insure the comfort and con-
venience of the national realtors
during their brief stay in Wash
ington.'
The converting of realtors at
Washington at this time will not
only mean the setting forth of the
associations legislative policies from
the stage of the National Capital
but, since Congress will still be in
session, will mean the opportunity
70 have in the convention delibera-
tons the participation of great
number of public leaders.
The Washington times., 1923-12-22
NOVEMBER BUILDING
RECORDS SET PACE

November is the tenth record
breaking month out Of eleven SO
far completed in 1923. June has
been the only month this year in
which building permits have
slumped below records for former
years. The June slump was not
spectacular by any means, and
taken at their face value, the build
ing permits issued so far this year
have presented spectacular coursS
indicating big volume Of construc-
The Washington times., 1923-12-22
AUCTIONEER'S LOUD VOICE
TOO LOUD FOR NEIGHBORS

ATLANTIC CITY, Dec. 22.-Re
corder Corio fined Louis Cooper.
proprietor of an auction shop 5000
for violation of a city ordinance
which prohibits the use of loud
voices"
The complaint was filed by As
gistant Mercantile Appraiser Luck.
enbill and a number of nearby mer-
chants. They charged that the
voice Of Cooper shouting his wares
could be heard across the street.
causing large crowds to congregate.
The Washington times., 1923-12-22
Hypnotized, Remembers Name

CHICAGO, Dec. 22.-Hypnotism
has drawn from Lee Davis" who
recently told the police here he had
lost his memory, the admission that
he is Leonard Danison. of Mansfield,
Ohio, it was announced at the Psyco-
pathic Hospital.
The Washington times., 1923-12-22

title which may subsequently In
volve considerable time and expense
to clear up.
The subject of taxation win be
discussed before the class at its
next meeting by B. F. Adams, local
realtor.
The Washington times., 1923-12-22
FIFTEEN STATES LICENSE
REAL ESTATE DEALERS

Fifteen States and one Canadian
province have SO far set UP ma
chinery designed to put license safe
guards on real estate dealing. The
sixteenth State. Oklahoma. has a
license law TO become effective Janu-
airy l. The Florida law has been
in operation only since September
30, and results in that State have
not been included in the gen.
eral summaries.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07
Restored Color Perfect

But what is most important to you is how
your hair is going to look after you have
restored it Il will be perfectly natural in all
lights, if you use my restorer No, one will
suspect you ever had gray hair
There is no danger of Notifying streaEs
or discoioration, no conspicuous freakish
look Your hair will be as beautiful and
natural as when you were sixteen.
You can go IN swimming in either fresh
water or salt and get your hair wet without
worrying about discoloration. Nothing will
affect the restored color
Let your hair down and dry it in the sun.
strong dazzling light won't reveal any i'm.
Projections There aren't any when you re-
store your hair this safe. sure. scientific way
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07
What Ny RestOrer Is

Just clear coorless liquid clean and pure as water
simply apply by combing through the hair Easy use
no skill required.
There is untidy sediment, no greasy STAIN abso-
lutey nothing to wash rub off.
Users of my restorer betrayed by dscolored
hat Innings soiled pillow slips Ny restorer keeps
your hair clean. soft and fluffy. Wash it often you
like for the color can't off, This is because it is
restored in mild healthful manner crt1dely dyed
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07
A Statement by
Mary T. Goldman

ask every person afflicted with gray hair to let me
tell them my story for their own benefit For know
from experience what it means the young and vigor
discover the first gray hair and to realize that It
will brand them as getting old"
Gray hair as much of an affection to those who are
young for the older you grow the older gray hair
makes you look Moray hair is an affection at any
age. but one that need not be endured For offer you
scientific restorer which will bring back the original
beautiful color with perfect results always assured
Best of all my restorer actually benefits the hair
What blessing would have felt it, in my young
days if such preparation had been in existence when
found my hair turning gray. Then there were only
crude dyes unsatisfactory and unsafe and these would
not
Circumstances forced me to invent perfect and safe
restores which is al every grayhaired persons
command Millions have used and are using tit is the
biggest selling, most popular preparation of its kind in
the world. Over 100000 bottles sold offer free
trial bottle with complete directions for making the
vincIng single lock- test This test proves how easily
and perfectly this tetested preparation will restore
the original color to your hair
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07
Prove These Statements

don't want anyone to accept these positive state
ments without proving that every word IS true.
would not dare make them if could not back them
up with the convincing test offer
So again ask that you take advantage of my offer
Of free trial bottle of Mary T. Goldman's Hair
Color Restorer Make the test ON a lock of hair as
directed and you will realize the sincerity of every
word say
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07

invented my hair color resorer bring back the original
color tony own hair which was prematurely gray Though
this was many years ago and longer young, my
abundant hair is still beautiful g girls.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07

&C NldKSs TIE halr SOFT, SILKY and DeautlIuI and
puts it in perfect condition for the action of the
restorer. :.
package of this powder comes with the free trial
bottle of which make mention above. 1t is part of
my patented trial outfit all sent to you absolutely
free if you will mail the coupon.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07

Also Restores Faded or
DiscOlOred Hair
This will be good news for women whose
hair is faded or who have had bad luck with
some dye that couldn't do the work. Hair
dressers may tell you that one dye can't be
used over another but this is not true Of my
restorer
1t will bring back the perfect original color
just as perfectly and surely as it will restore
naturally gray hair.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-01-07
A New Method Of Application

The formula tor has changed used
it to restore gray hair for found then that achieved
perfect results.
But have recently discovered method of application which
proves to be beneficial to the hair This discovery Of
the use OF wonderful preparatory powder which thoroughly cleans
the scalp and the hair dsoves dandru anptc
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07

location occupied by the Lauzier-
Wolcott company and this is
serving as added facility to af-
ford to the Lauzier-Wolcott COM
pany's clients the speediest and
most efficient wire service possi-
BILE.
At the head of the Lauzier-
Wolcott company is Godfrey A.
Lauzier. who has been in the
brokerage business in Butte since
1906, and is an old-time promin-
ent resident. Other officials and
directors Of the company are
Adelphus B. Keith, vice presi-
dent and treasurer; David j. Fitz
Gerald, vice president; Owen H.
Schoch, secretary, and Carl J.
Trauerman.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
Crude Output During
AdriI Shows Growth
Daily Production 100000
Barrels Greater Than
in March

The United States Geological
survey estimates crude oil pro-
duction in the United States in
April at ,937,767 barrels daily,
highest on record, against l $780,
710 daily in March. Imports
were at the rate of 165, 500 bar
rels daily, giving total available
supply of 2.103, ,267 a day.
Domestic consumption decreas-
ed slightly with the result that
for the first time since April,
1922, production Of crude oil was
greater than consumption plus
exports. Domestic consumption
in April is estimated at l 1856, 900
barrels day against 1857, TIA
daily in March. Exports were
5O,O74 barrels a day. Domestic
consumption and exports thus
tetaled ,9O6.974 barrels daily.
Pipe line and tank farm stocks
OF crude increased in April at
the rate of 1876, ,293 barrels daily.
totaling April 30, 264, ,627 900
against 258. 1885, March 81 and
235, 1862, 900 April 30, 1922.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
Oil Shipments to Calgary
Refinery Begun Friday
Initial Shipment Contains T.
900 Barrels; Plan to Send
Similar Amount Each
Week

| The first Of regular weekl,
shipments of oil from the Kevil
field to the Imperial refinery a
Calgary was made Friday, wher
1000 barrels left the Illinois pipe
line.
James Lawler. head pipemar
for the Illinois pipe, is authority
for the statement that similar
amount will be taken by the Ca
madam refinery each week until
the refinery at Calgary is ready
for operation.
While a shipment of 1000 bar
rels week will be some relief
to the field, it will not take care
OF the normal production, officers
say, t h e n W Mid-Northern-
Howling, No. 3, alone would
more than meet the demand Of
these shipments. The present
production of the field, with all
wells being handled by the pipe
line would be about 5000 barrels
a day, it is claimed.
Another aid to the market is
the increase in storage in the
field. The Mutual Oil company
is grading for another SIS, ,0O0-bar-
rel tank just west of the Ohio
and Illinois Pipe Line tank farm.
Construction work will start the
first Of next week by the Chica-
go Bridge & Iron Works. The
same company has started work
On the new 10000 barrel tanks of
The Illinois Pipe Line which are
% be completed within three
weeks.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
New Oil Well
Will Broaden
kevin's Field
Montana Empire-Stonnurd No.
Hits Oil Flow at 1860
Feet Wednesday

The coming in of the Montana
Empire-Stannard No. l well We'd
nesday morning at the depth of
]. .46O feet, and six hours after
there was 1000 feet of oil in the
hole, opened up additional terri
tory in the Kevin field.
The Montana Empire il locat-
ed Sc Sc NE 25-35-2 W and is
reported az looking like a $50
barrel well.
1t was brought in by George
Day, head driller. R. H. Vancouv-
or is president of the company
and A. w. Beeston is field mana-
ger. Encouraged with the show
ing of the Empire. the company
plan spudding another well i'm
mediately 400 feet from the new
producer.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
North State Roy
atty Sells for $l00
Per Cent an Acre
One-Fourth Of One Per Cent on
80 Acres Of HoWIing Troct
Sold for $1,000.

The record price for royaltie
in the Kevin field was set Mon
day with the sale Of one-eight O.
| per cent in the 80 acres Of tn.
MISUNDERSTANDING act
section 1852 W, for 81 900. Thi.
would be at the rate of 500 fol
| per cent on one acre.
The sale was made by Charles
T. Gregg Of the Montana Oil
journal, through Edwin F. Hy-
land Of Edwin F. Hyland & Co.
Mr.. Gregg retains some royalty
on the tract. This sale more than
doubles the previous high mark
set for royalties in the Kevin
field. It is also under the biggest
well that has been brought in,
with two other producing wells
on the tract.
The previous high mark for
royalties was set in a sale Of roy
atty on 40 acres under the Ohio
Baker No. 8, at the rate of $45
for l per cent on one acre. Mr..
Hyland obtained h e same a.
mount short time before the
last Mid-Northern we'll came in,
for royalty on the Howling con-
tract.
The tract includes the Mid
Northern-Howling Nos. 1, 2 and
3 wells. The No. l we'll has the
record Of having produced more
oil than any other we'll in the
field and is still good for better
than 200 barrels day. The No. 2
is about 100 barrels and No. 3 is
rated as good for 5000 barrels
when opened up.
The return on | per cent on
the No. / we'll of the Howling
group has averaged between $50
and S55 month during recent
months, when oil was being pur-
chased.
Under the development pro-
gram Of the Mid-Northern there
will be five additional wells drill
ed on the acreage.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
Eight Billion Gallons
Gasoline Used in Year
Estimate Based on Consump.
ton During First 1923
Quarter

Gasoline consumption as re-
ported by the bureau of mines
for the first quarter of 1923, in
dicates that a total consumption
for the year, including exports,
will range from 1900, 900, 900 to
$500, 100000 gallons. This is bas-
ed on the fact that since the date
of the first government statistics
on gasoline consumption, demand
in the first quarter of the year
has never been less than II per
cent and never more than 18. 25
per cent of the total consumption
of the year. Actual consumption
in the first quarter of 1923 was
l,447 100000 gallons.
Production Of gasoline in the
first quarter was the largest on
record and was at the annual
rate o + 7,4O0,0OO,OO0 gallons.
Unless the rate of production is
increased, the first quarters fig
ures indicate an excess consump-
ton over production this year Of
at least $40. 900, 900 gallons.
Total stocks of gasoline on
January l were 1888, ,762,851 gal
Ions. An excess of 540,000,0OO
gallons consumption over produc-
ton this year would reduce this
figure to 343, ,O0O,O 600 gallons by
the end of 1923 against 1859, ,0O0-
200 on March 81. The low point
IN stocks is usually reached about
October l. so that even on a low
,r estimate of consumption. total
United States stocks will be
greatly reduced, almost to van
shing point at the hight of the
automobile season unless the pro-
luction rate is increased.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
homesisaders Can Lease
Oil Land, is Dscisiss
Lands Not Withdrawn Before
Proved Up On Belong to
the Holder

A statement clearing up the
government stand regarding oil
and gas and other mineral rights
OF the homssteader has been re-
ceived by Congressman Scott
Leavitt in answer to an inquiry
to William Spry, commissioner Of
public lands.
Tho statement follows. in part:
Your recent request for m
opinion as to the rights of home
steaders who have proved up
their lands to lease it for oil and
gas prospecting is acknowledged
In cases where entrymen
have performed all tho acts re-
quired by law in connection with
their entries but have not been
issued patents and the lands ara
not withdrawn or classified for
oil and gas prior to such compli-
ance with the homestead law, the
sntrymen are regarded as having
earned equitable title to the sur
face and the mineral content Of
the land and the department can
not require a waiver of the oil
and gas content of such land,
with a view to reserving them
to the. government, unless it IL
shown that such lands were in
fact known to be oil and gas in
character at the time of complet-
ed final proof. In such cases the
burden of proving this fact is
upon the government.
Leases for the development
of such land, if made by the en-
trymen, will not. in any, affect
the governments rights to with
hold patent in proper case, in
event that the lands ars found
to be of known mineral character
at the date of complete proof and
such lease, If brought to the
attention of the department,
would undoubtedly put 1t upon
inquiry in this respect. In the
event that such lands are found
% b mineral in character and q
of oil and gas con-
;ent to the government is made
he lands would be subject to
disposal through the department
lnder the act of February 25,
800. and the leases from the en-
rymen would not have = prefer
initial standing"
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07

The Importance of tho compile
tion Of this well which practical.
ly proves that the town of Kevin
is located upon a real oil pool, is
already being reflected by con-
siderable increase of activity in
the town.
Immediately after completion
P. A. st, Armour, president of
the company, who is located at
Sunburst, at which place he has
the principle mercantile store,
began negotiations for the pur-
chase of site in Kevin for the
purpose of establishing a large
up-to-the-minute mercantile bus
mess.
The Black Raven company will
drill another we'll at once on the
west side of the section which
gives even better promise than
the we'll just brought into pro-
duction. This will mean a we'll
drilling within Z stones throw of
the Kelvin Depot.
The next thirty to sixty days
should see the oil derricks crowd
ing the Kevin Townsite for room
to drill.
The Black Raven Oil & Gas
company is owned by group of
Montana men, consisting of P.
A. St. Amour, merchant, of Sum
burst; Walter Jensen and George
Prentice, Great Falls business
men. and also q number Of Havrs
business men.
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07

The sand was reached at depth of 1910 feet
and after the bit had penetrated depth of one foot
oil at once began to raise in the hole Later the well
was drilled another four feet into the sand
While it is too early to give an estimate of the
production, all who were at the well agree that it will
be good one. Geologist Richards, who was at the
we'll stated that the log checked exactly with that of
the r. D. in section 20352, two and half miles to
the northeast, also good producer
The Kevin review. [volume] (Kevin, Mont.) 1922-1929, 1923-06-07
After the Ball is Over

Jack Dempsey and Tommy Gibbons
Are training for the fight
People fockine into Shelby,
Their future sure looks bright.
They're bound to have grand stant
play
Till the fourth day of July.
And then they will all wear mourning
For Shelby's going to die.
After the flowers are gently laid
And mourners start to leavin'
You can't see Shelby for the dust
For they'll all head straight for Kevin
Charles S. Vinsen.