davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-06-16
GOODLONG PULL
STOCK BUYS
LISTED
Standard Statistics Quoted
BY Spectator as Advising
Selected Purchases Now
BY THE SPECTATOR

NEW YORK, June 16 Q.N.S0.
Giving due recognition to the
fact that immediate improvement
in economic fundamentals is not
in prospect, and considering also
that further adverse business de-
velopments are a distinct near
term possibility, Standard Sta
tistics nevertheless, puts itself
definitely on record as believing
that selected common stocks are
now in a long pull buying range.
Many Equities Cheap
1t holds that a substantial num-
ber of equities currently are
cheap on the basis of present
yields and earnings prospects. 1t
declares that many important
business concerns are unlikely
to suffer further material reces-
sions in profits, even should gen.
eral depression continue longer
than now seems likely.
This source goes further to
forecast a recovery, both in vol
ume and earnings, Of at least
moderate proportions during the
fall of 1881.
In conclusion, therefore, it
sounds the advice to clients to
employ a substantial portion, al
though by no means all reserves
in the purchase of carefully
chosen equity issues at or near
the present market.
Current purchases can be
selected from the following list
of conservative stocks:
Safe Buys Listed
Air Reduction, Allied Chemical
American Can, American Gas
and Electric, American Telephone
and Telegraph, American Tobacco
"B," Borden, Chesapeake and
Ohio, Consolidated Gas, Con-
tinental Can, Corn Products,
Diamond Match, Drug, Inc, First
National Stores, General Electric,
General Motors, Hershey Choco-
late, International Business Ma
chimes. Liggett and Myers "B".
New Haven. Norfolk and West
ern, North American, Pacific Gas
and Electric, Penick and Ford,
Public Service Of New Jersey,
Reynolds Tobacco "B", Southern
California Edison, Southern
Pacific, Union Carbide, United
Corporation, and United Gas I'm
provement.
The Washington times., 1931-06-16
BOOST
HEARING NEAR

The Interstate Commerce Com
mission is planning to give imme-
diate consideration to the pro-
posal of the railroads to increase
freight rates sufficiently high to
enable them to increase their
revenues from $400,000,000 to
$500, 100000 annually, it was
learned.
When the rate increase petition
is filed tomorrow, as now
planned, the commission will ad.
vance it on the docket ahead Of
matters considered of lesser i'm
portance, and thus give it prefer
ence for consideration.
While the railroad executives
have not advised the commission
as to the form their petition will
take, it is said in quarters close
to the commission that the IN
crease will be asked upon scale
percentages on existing rates, and
will not take the form of a horl-
Zontal increase.
The Washington times., 1931-06-16

The battle over direct Federal
relief for unemployment and
farm distress, which shook the
nation last spring, will be re-
newed in the next Congress, it
was announced today by Senator
Caraway CD of Arkansas.
He declared legislation would
be introduced next winter calling
on the Federal Government to
make contributions to local relief
funds. He said it would be only
fair for the Government to share
the additional relief burdens
placed upon local communities by
continued depression.
The Hoover Administration,
apparently anticipating such a
battle as occurred in the last
session of Congress-, has launched
The Washington times., 1931-06-16
Congress to Renew Fight
Ouer Federal Relief

a drive for a huge charitable
fund to take care of all suffer
ing.
AS revealed by Republican
leaders, the Administration hopes
to inspire the Red Cross and
other relief agencies to sponsor
a nationwide drive for funds be-
fore the cold weather arrives. If
the drive proves successful, it
would be a weapon in the Ad-
ministration's hands to fight off
all direct Congressional appro-
priations for that purpose.
President Hoover was reported
as remaining opposed to direct
Federal relief. It was said he still
views outright appropriations in
any form approaching the dole,
as harmful to American institu-
tionS.
The Washington times., 1931-06-16
WHEAT OPENS STEADY

CHICAGO. June 16 QN.S0 -
Wheat futures opened steady to-
day, but later were As to 3sc
lower under heavy selling in
spired by weakness in foreign
markets.
Corn was hc up to 1ac down
with a small trade. Oats were 1sc
to 3sc off with July and Sep
tember at new lows on the crop
under heavy liquidation. Rye
ruled SIC to Ac lower at mid
session.
The Washington times., 1931-06-16
ABBOTT LABORATORIES

The Abbott Laboratories, Chi
cago, for the first five months OF
this year had net profits Of ap-
proximately $279 900 after charges
and taxes compared with net
profits Of about $299 900 for the
Abbott and Swan-Meyers Com
pany combined for the correspond
ing period last year.
The Washington times., 1931-06-16
RAIL RATE PLEA BACKED

Active support of the railroad
proposal of a general increase in
freight rates has been ordered by
the board of directors of the
Cleveland Chamber of Commerce.
This action comes after a study
of the proposal by both the
shippers and the transportation
committees of the chamber and
the board itself.
The Washington times., 1931-06-16

New York funds in Montreal 1915
premium at $1,000. Montreal funds IN
New York Ss75 discount at $1,000.
The Washington times., 1931-06-16
CALUMET COPIED COST

It is estimated that cost of re-
claiming copper from Calumet &
Hecla's conglomerate sands in
the Hecla and Tamarack banks
will average about 71a cents a
pound In the future. The cost
in 1880 was 6.T1 cents.
The Washington times., 1931-06-16
WASHINGTON STOCK EXCHANGE
SALES

Washington Gas IS A, $1,000
1O2.
Capital Traction Company,
10@34A.
Potomac Electric 8 per cent
pfd., 8@114.
Potomac Electric 51a per cent
pfd., 1O@1103s, 1o@11O1a, 100
1103s, SOLOS,.
Washington Railway and Elec-
trio pfd., 5@985s, 2O@9812, 200
ss1a, 2o@9s1a. 2O@sSh, 1o@9sh,
1O@981a, 15@98h.
Lanston Monotype, 20@90b,
10000, 10000. 5000, 10000, 100
80.
After call-Lanston Monotype,
5000, 1920, 1890.
Peoples Drug Store pfd., 800
1Oo1z, 1o@1oo1a, 100 1oo1a, 100
1o012.
Capital Traction Company.
10@3S, 10@35.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20

Delicious Easter Eggs made by
the original Alligretti Chocolate
Co., and now on sale at Kann's.
--Kann's Kapitol Handy, QSC
2 pounds for. ..............
Cocoanut Kisses. ............ csc lb.
Kanns-Street Floor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

1881 Ford De Luxe Phaeton.
Was $500. Now $463.
Sporty robins egg blue with cream wheels
chromium tire cover, fender wells. Many
extras. Low mileage.
PARKWAY.
3ot0 NJ st. NV. Open Nights.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
ACKNOWLEDGEMENT

hUOMS-FUhNISHE AND UNFUh.
NEW HAMPSHIRE AVE. EXTENDED desir-
able rooms; gentlemen; SIS; is min. to city.
or to couple; Ink; reasonable Ga. 1858.
2 LOVELY FURNISHED ROOMS, also /
unfurnished. with breakfast; reasonable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

81 Packard 8 Sedan. ST 200
80 Packard 8 Con. Coupe l,5OO
20 Packard 8 Sedan. -. 1850
% Packard E Sedan. $50
80 La Sale Sedan. 800. 1850
20 Pierce-Arrow 1873
Brougham ...... 1850
20 Cord Conv. Coupe. -. 1850
30 Pontiac Coupe .... AS
And good selection of various
small cars priced from $50 to
$3.50. Terms.
PACKARD'S. USED CARS.
Kaiorama Road at Seventeenth.
ASK the Man Who Owns One"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
MANIFESTATIONS.

EASTERN EXPOSURE. in home OF refined
adults; quiet locality northwest: by en-
ployed lady. Address Box 250-H. Star once.
SETTLED COUPLE. exceptionally quiet, want
uniurniShed rooms in Chevy Chase. one
car fare; Ink; reasonable; no radios near
by: state price. Address Box 24s-H, star
once.
GENTLEMAN desires warm room, residential
price and other particulars Address Box
238-H. Star ONCE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

LOW PRICES.
80 Ford Fordor, 1888.
New tires, mechanically and appearance
excellent.
80 Ford Tudor, $343.
chemically Al.
80 Ford Sport Coupe, $343.
In tiptop shape in every way. See 1t TO-
day. New tires.
80 Ford Roadster, 1913.
Paint and mechanically above the aver
age. New tires. Many extras.
20 Ford Fordor, $223.
New tires, dandy motor. paint and up
holstery spotless.
% Ford Tudor, $223.
Paint sSd TIss9Tt HIs%sh upholstery spot
20 Ford Coupe, $223.
Ideal SECOND car. in tiptop shape, new
tires, excellent paint.
20 Ford Phaeton, $l43.
Very snappy; new tires; o. X. mechanically.
OTHER MAKES.
.'28 Pontiac Coach, $1o3.
Worth $50 more. In excellent condition
mechanically. New tires
20 Essex Coach, $1o3.
New tires, excellent paint, quiet motor and
nne appearance.
'28 Chrysler Roadster, $l53.
New tires, powerful motor and easily worth
20 Chrysler y Abr. Sdn., 1898.
Motor auiet and powerful; good paint
new tires.
'2o Plymouth Coupe, $253.
Ideal small car; new tires. good paint and
o. k. mechanically.
'28 Essex Coupe, $l73.
Dandy motor. new tires, excellent appear
ance and ready TO roll.
20 Chevrolet Coach, $223.
New paint, new tires. excellent motor and
hne appearance.
'28 Chevrolet 4-Door, $2O3.
New tires, excellent nnish, o. K. mechanl-
cally and in appearance.
20 Chevrolet Roadster, $l43.
See II today. New tires and ready for
the open road.
HILL & TIBBITTS,
3Ol 14th St. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
ROOMS AND BOARD.

people: radio. bridge tables ana daneins
congenial bunch; near places OF interest.
2ios BANCROFT PL. N.w.-Newly furnished
and renovated home; refined people: good
residential district; good Southern eookinE
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
ROOMS AND BOARID.


2l48 FLORIDA AVE. NW.-Young iadies
all new beds: light. airy rooms: convenient
Bile room. for two, near BATH hot water;
excellent meals. North 1862
1922 LAMONT ST. N.W.-Nice front room,
one or two people; very. reasonable; quiet
home; strictly modern. Adams 5223.
1882 MINTWOOD PL.-Delightful home for
young people; beautiful. quiet. wooded sec
tom large, pleasant rooms: excellent table
1443 FAIRMONT ST N.W.-Double room
$3.50 to $40 E month per person; good
816 5th ST. N.E-For gentlemen, separate
rooms: Good home cooking. Refined sur
roundinRs.
5I6 ST. NE.-single front room for gem
tleman. Good board.
1907 CLIFTON ST.-Pleasant front room,
twin beds; excellent meals; refined home;
gentlemen or employed people.
$500. 18th ST. NW.--Attractiye, double and
single rooms. several baths, porches; near
cars: home cooking. hot breads.
1929 HARDWOOD PL, N.W.-Attractive
room and board for Jewish young man, pri-
vate family. Col. ASST.
1919 ST. N.W-Young lady wishes room
mate; also double room; private home. De-
1744 LANTER PL. = Attractiyeiy furnished
meals: vicinity 18th and Col. I'd Col 1874
1884 CONN AVE.-Double, single rooms; ex-
cellent bath accommodations; ideal park
Ing; home cooking: also space for one man.
1878 COLUMBIA ROAD N.W.-Vacancies in
clean, well kept homes twin beds; anil;
excellent home cookins; reference from high
class clientele. Also table boarderS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
WANTED-RooMs AND Board.

BY EMPLOYED COUPLE and son. aged Il, 2
or unfurnished rooms. preferably with
private bath. with breakfast all year and
dinner during Winter months. Replies must
state price Address Box 233-H. Star once
GENTLEMAN with two small sons desires
board and room. private bath preferred,
With refined family. near school, Address
Box 79-H. Star once
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
STANLEY H. HORNER,
lois & I'LL 14th. Nat. $500.

~ <h&NA@A~ II.
1ol5 & I'LL 18th. Nat. $500.
1881 Hupp 8 Sedan. .........S o95
1881 Studebaker Comdr. Sedan. $50
1929 Buick Master Sedan. a.. $50
1881 Ford Victoria (spec:aD.... $50
1880 Essex Sedan ............. I5
1880 Buick Stand. Sport Coupe. $50
1923 Buick Master Sedan. ...... $50
1880 Hudson 8 Coupe. ....... Jas
1880 Pontiac Sedan. ............ sos
1929 Hudson Sedan. 675
1923 Lincoln 6-Pass. Sedan......l.2 $50
1880 Buick Master Sedan. $50. 100
1880 Ford Cabriolet sos
1923 Packard 8 Phaeton.. ....... 900
1927 Packard 6 Sedan. ......... 500
1923 Buick 7-Pass Sedan. 800. 675
1923 Buick S-Pass. Coupe. 675
1920 Buick 7-Pass. Sedan ...... 9o5
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

THE NATIONS YIRsT cAR-TERIA.
(Copyrighted)
Where u Sell u .
a used car with a new car
guarantee.
1880 Chevrolet De Luxe Road
Ster.. .....S 1Sc
1929 Studebaker Dictator Sedan,
like new................ 595
1880 Ford Tudor. ............... 1916
1880 Ford Sport Coupe ... 3o5
1929 Auburn $50 Sedan ........ 495
1880 Plymouth Sport Coupe -. AS
1927 Moon Coach. .............. IS
1923 Pontiac 2-Door. 27S
1923 Whippet Sedan. Us
1929 illys-knight De Luxe Sdn. 6o5
1929 Whippet Coupe ... 285
1925 Willys-Knight Sedan. Us
Many others from which to select Your
credit is good here, and II you have Q ear
it may be worth the down payment.
MID-CITY SALES COMPANY,
1871 14th St. NV. and 4 States.
Open Evenings and Sundays. Phi. Dee. $685.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

1881 Buick De Luxe Sedan.
1880 Buick Master Coupe.
1881 Chrysler 8 De Luxe Sedan.
1881 Ford Tudor, brand-new.
1880 La Sale 5-Pass. De Luxe Coupe.
1880 Chrysler II Coupe.
1880 Plymouth Sedan.
1881 Chrysler Coupe.
1880 Packard 5-Pass. De Luxe Sedan.
1880 Packard De Luxe Club Sedan.
1880 Buick Special Coupe.
1929 Buick Master De Luxe Sedan.
1929 Buick Standard Sedan.
1929 Hupp 4-Pass. Coupe.
1929 Graham De Luxe Coupe.
1929 Buick De Luxe Roadster.
1929 La Sale Sedan.
1923 Cadillac 7-Pass. De Luxe Sedan.
SOUTHERN MOTOR SALES,
1888 18th St. Dec. O48S.
USED CARS ARE OUR BUSINESS,
NOT SIDE LINE"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
FORD,
S42S

FORDS-FORDS-FORDS
Down
81 De Luxe Phaeton. .$105
81 De Luxe Roadster. 80. 90
81 Tudor Sedan ........ o5
81 Victoria ............. los
81 Town Sedan .......... los
80 Phaeton .............. IS
80 Roadster ............ 80
80 De Luxe Coupe Or. s.. 90
80 Tudor IS
20 Phaeton (repainted).
20 Sport Roadster (repainted) q.
Open Evenings and Sundays.
STEUART MOTOR CO.,
9th St. and New York Ave.
Nat. 5000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
INSTRUMENTATION.
COMPARE
OUR PRICES, TERMS
AND GUARANTEE.

1880 Packard Sedan .......$1 $50
1929 Packard De Luxe Roadster LAS
1928 Packard Sport Roadster. 695
1890 Studebaker De Luxe Sedan 6o5
1929 Marmon "o8" De Luxe Sn. 645
1881 Ford Victoria ........... 545
1880 Chevrolet Sport Roadster. 365
1880 Pontiac Sport Roadster. $50
1880 Ford Town Sedan. ... 465
1880 De Soto Sport Roadster. 6o5
1929 Oldsmobile Coach ........ ABS
1929 O1dsmobile Sedan .... AIS
1929 Nash Special 90 Sedan. S45
1929 Nash Standard Is" Sedan. AIS
1929 Marmo1 Roosevelt Sedan. I5
1929 Nash Cabriolet .......... 425
1929 Odds Sport Coupe ....... 485
1929 Oakland Cabriolet ....... AS
1929 Chrysler "65" Roadster AS
1923 Hupp, 4-pass. Coupe. $50. $50
1923 Odds Sport Roadster. go. 345
1923 Nash Standard 70" Cab. US
SIMMONS MOTORS CO.,
"oLDSMoBILE DEALERS"
1912 14th St. NV.
Potomac 00s2-Open Evenings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

1888 l2th ST. N.w.-Nicely furnished, clean
table board q speciality: early breakfast s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
ROOMS-sUBURBAN.

WANTED-Married couple or two ladies to
rent tive attractively furnished rooms with
use OF Kitchen. in modern hot-water heated
nearby Virginia home. Address Box 1881,
Star once.
ROSSLYN, VA-Furnished rooms; bus. car
&c
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29
THREW" VALUES,
1909 14th St. NV.
65-CARS-65
TO CHOOSE FROM.
SS7S

S5Z5.
1881 Ford Victoria Coupe.
Cannot be told from new, driven only q
few hundred miles.
$445.
1881 Ford De Luxe Coupe.
Could easily be sold fer . new ear.
"TTew' value.
$375.
1880 Ford Sport Roadster.
Original lustYeus black Duce like new.
spare wheel, fender wells, Another "TTeV"
value.
nTHEpC
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

1885 18th O., Ew.-Doub,e or single, nicely
furnished FoVrns. Best home cooked meals
Home envifonment. walking distance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-29

OlHERS.
1881 Plymouth Roadster........ S545
1881 Dodge s Sport Coupe &C.. 1,045
1880 Dodge Sport Sedan. ,...... GAS
1880 Ford Coupe. AIS
1880 Dodge Sedan. 54S
1929 Chevrolet Sedan. ......... 375
1929 Dodge Sedan. ........... 495
1929 Oldsmobile Coach. ....... AS
1929 Pontiac Coupe. ........... 375
1928 WHY'S Knight Sedan. ..... 425
1923 Oakland Sport Coupe. 80. 345
1928 Oldsmobile Coach. ........ 34S
1923 Peerless Coupe .......... 24s
1923 Dodge Coupe. ............ 375
1923 Essex Coupe. ............. us
1923 Essex Coach. Us
EACN TED1Ic
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21
BOOK RESUMES
OPERATION o.
BUTTON BUTTE

Book interests OF Detroit have
resumed drilling operations Al
2.040 feet in their wildcat on the
Button Butte structure. IN cen.
tral MOntans near Lewistown.
The well is reported bottomed
In the lower part Of the Qua
drants. near the top OF the Madi.
son lime.
1t is reported that it win be
drilled 1900 feet deeper which
should result in testing All OF
the Madison lime and likewise
the upper portion OF the Devon
ian.
If this programmes carried Out,
this well VIII be one OF the deep
est ever drilled IN this part Of
the state and geological informa-
ton thus supplied win be Of ex-
IRENE interest to operators IN
this section.
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21

KAHdsPEKsEs--The Crows
Nest test wen on the North
Fork structure near che o.
nalnian border win not be
abandoned, according 70 Of
fAciaAs o. ahe company, but
WIN be continued 20 the pro-
dncing hortzon e possible.
After resumfng operations thIt
spring. II was first believed that
the well would have to be aband.
oned because OF excessive gas
pressure and two strings OF tools
which were lodged in the hole.
The tools. however. have been re-
covered and It is believed gas
pressure may be sufficiently shnt
off to continue drilling. It is ex-
pected the productive horizon win
be reached within so feet.
Operations are at temper
AIRY standstill, awaiting the arrival
Of 50 feet Of cassug from Column
bia Fails. whieh operators expect
to use in bridging the portion Of
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21
SHALE
PRODUCER,
CAT CREEK

According 70 = Roundup
report, AfinnesOta-F7atwfIlow
Petroleum company has COM
PIeted another shallow pro-
ducer on its Trench lease in
the Cat Greek field. Output
Of the wen has not been de-
ter7nined.
The company now has five
producers ON this Lease, All
getting their OH rron the
shaIe At a depth Of around
ESQ feet.
This OH was encountered
by several wells drilled In
this part Of the field in the
boom days. but was then
passed up in favor Of the
deeper sand production.
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21

for manufactured gases: for the
re-carburetion OF gases to off
set the loss Of thermal value in
high pressure transmission sys-
tens; to meet peak load condi-
tions and as protection against
Interruptions Of service These
gases also have been applied to
IA number Of industrial purposes.
Although pentane is a liquid
at ordinary temperatures, 1t was
included in the survey to the ex-
tent that it was marketed for
purposes similar to the other
gases. Individual gas systems. in
which air is passed through the
pentane container. supply a mix
ture Of air and pentane which is
used to q considerable extent in
individual dwellings.
Approximate data relative 10
the distribution OF pentane for
this purpose indicate substan-
tial increase during 1880 in the
Of installations Of such gas sys-
TENS"
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21

The committee consisted Of Mr
ssst W. Brown, sterling professor
o. mathematics, Yale; Arthur
Hoimes. professor OF geology;
Durham University: A. C. Lane
professor OF geology and min
eroiogy: Tufts College; Charles
schuchert. professor emeritus Of
paIeontoiogy and historical geol-
osy. Yale. and Adoiph Rnopf. pro.
lessor OF physical geology. Yale.
ehairman.
The report a. a whole gives
evidence that ali methods hither-
ts used in calculating the age Of
the earth are inaccurate with the
exception Of the calculation based
on the disintsgration Of radio
active elements. used from differ
ent approaches BY Professors
Holmes and Kovarik, who arrived
at the figure Of approximately l.
s52.Ooe.OoO.
Professor Kovariks formula
makes use Of the fact that vary
ing amounts Of radioactive els-
ments and their products found
in radioactive minerals undergo
a change at a certain rate Of dis
Indignation. BY determining the
amounts Of those elements In a
mineral and their respective ato-
mic weights. and knowing the
rate Of change. the age OF the
mineral, he finds. can be ascer-
tanned.
Professor Holmes gives the re-
suit OF q worldwide survey made
OF the lead content Of radioactive
minerals. He lists the lead ratios
Of different rocks in numerical
order and gives the age expressed
in lead ratios. He says that he
can find mo trace OF the be-
ginning, for the oldest rocks have
everywhere been made from
Dreexistine and. therefore, much
older materials OF which no rel
cs now survive. Thus we can
be sure that the earth is older
han its oldest known rock. No
more definite statement can there
.ore be made at the present than
hat the age OF the earth ex-
seeds I.4so.oOQO0O years. and
s probably much less than g.
100, 100000 years"
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21

the hole where the tools wer,
lodged.
Trucks hauling the casing in
to the field were mired this week
by Is inches Of new snow which
fell Wednesday and Thursday
and made II necessary for op-
orators to use a caterpillar trac.
tor to free them.
Since shooting Of the Crows
Nest well three years ago not
much progress has been made on
the wen despite the fact that
crews have been at work on It
each season. The gas pressure,
which last fan forced rocks and
small quantities Of oil over the
top Of the casing. has caused con-
tinual trouble BY forcing the
tools upward and making kinks
in the cable.
Operators expect to drill the
remaining SO feet as soon as cas-
ing Is delivered.
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21
CHICAGO GETS
HE THRILL As
GASsER SpOUTs

Driilers seeking water near
Lake Forest. Illinois. on the farm
Of Charles True. not Tar from
Chicago, recently struck oil and
gas. A flow soon developed that
tore the rig to pieces.
The hole had reached a depth
OF 1s5 feet. Soon the well was
shooting OH, mud water and
stone 900 feet into the air ev-
cry half hour with regularity.
OF Old Faithful. Mr.. True imme-
diateIy began making arrange
ments to have the flow tested by
oil experts. Hundreds Of farmers
and citizensf rom the neiehbor-
ing countryside flocked 70 the
True place and considerable ex-
element exists over the discov-
cry
Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-21

The directors Immediately dc.
ciared percent dividend to
stockholders. which was paid
March rs. making a total Of more
than sI.os5.ooo 20 far paid IN
dividends By this company. from
an initial capital investment Of
ss.50o.
The money received was from
the compounded. oil on what is
known IS the carison-state lease
II the Kevin-sunburst field. The
Decentralization held the acreage
under lease from the kalispell-
Kelvin. When the lease expir-
ed with the state. BY agreement
the local company permitted the
Dakota Montana TO take the
lease direct from the state, bat
with the understanding that the
same royalty should go TO the
local company as under the for
mer lease.
The Dakota Montana. according
to Mr. Lang. then set up the
claim that inasmuch as II had
the lease direct from the state.
II could not be compelled to pay
ROYALTIES to the Kalispeil Kelvin.
This involved the two companies
in a lawsuit brought into the
United States district court at
Great Falls but was settled out Of
court when the Dakota Montana
company agreed to adhere to the
agreement. The total value Of /
the royalties. which were being /
held BY the Dakota-Montana,
amounted to more than s2s, coo.