davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-11-23
G. F. Meyer Reports
Trade Improvement

LOS ANGELES, Nov. % CU.
SO.-Ieading b q n k ers' and
business men throughout the
East and Middle West have
told me there are distinct signs
Of improved business conditions
throughout the country"
Charles F. Meyer, chairman OF
the executive committee Of the
Socony-Vacuum Corporation and
president of the Standard Oil
Company of New York, brought
this word to Los Angeles today.
The Washington times., 1931-11-23
Rail Heads Ready
To Discuss Credits

Railway executives prepared
yesterday to appear before the
Interstate Commerce Commission
November 28 and present their
arguments for a railroad credit
corporation to loan money to
roads which are not earning in.
tereSt on bon&.
The Washington times., 1931-11-23

Many Automobile Repair Services are
listed today in the Business Service
Directory published in the Classified
: section.
The Washington times., 1931-11-23
TODAY's QUOTA TIONs ON THE NEW YORK STOCK MARKET

1881 Name Net
High Low Dividend Rate High Low 12+5 Chge
The Washington times., 1931-11-23

Prev 1881 Name and Net
High Dividend Rate High Low 12:45 Ch'ge
The Washington times., 1931-11-23

IA Zonite Prdts Ill., S6 Ts ~ d
Dividend symbos-a extra; b. dividend stock; c. 5h%
D stock d, scrip; "ex-dvidend: tex-right&
Dividend ra in dollars pareDtheses.
The Washington times., 1931-11-23

Prev. 1891 Name Net
High Low Dividend High Low 12:AS Chge
COZ 1914 Northern Pae 90. 2OA OX @k
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
CLEARING HOUSE FIGURES.
SILVER QUOTATIONS.

Washington Clearing House figures
for today. s3,928, $500.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
Washington Produce

Butter-One-p pound prints, SO; tub, 35.
Eggs-Hennery. 38a42; current re-
Poultry, aiive-Turkeys. young toms
and hens, 25a30; old toms, %; old
hens, 2Za25; chickens, 3 pounds and
over, 1920; 2 to 212 pounds. -0a22:
Spring broilers, %; hens, large, 18a2O;
small, 15a17; Leghorn hens, 13a15;
ROSTERS, 10a12; keats. young, 40a45; old.
25a35.
Poultry, dressed-Turkeys young
hens and toms, 36a38; old toms. 28a30;
old hens, 29a3l; chickens. pounds and
over, 21a23; 2 to 2la pounds, 23a25;
Spring broilers, 30; hens, large, 21a23;
small, 1920; Leghorn hens, 16a18:
ROSTERS, 13a15; Long Island ducks,
1920.
Mcats-Beef, prime, IT; choice, 10;
fair to good, 1212a14; COW, SEAS; veal,
top, Is; medium, Halls; lamb, top, II;
medium, 15a16; pork loins, to 10
pounds, 16a17; 10 to IL pounds, 1874
IA; IL to Is pounds, 12a13; fresh hams,
to 10 pounds, is; 20 to 25 pounds,
10; strip bacon, 22a23; lard, 50-pound
tins. 8; in packages, 10; compound, ia
71a.
Live stock-Hogs, heavy, 4.50a5 90;
light and medium, 500; pigs, 4.75a5 90;
roughs, 2.5Oa4.oo; calves, 3.50a8.5o;
lambs, 3.50a6.50.
Fruits-Oranges, 3.oOa5.5o; lemons
4.00a450; grapefruit, 2.50a3.00; lines
per 100, 15Oa1.75; casabaS, 2.50;- ap-
Piles, buShel baskets, 25a1.50; box stock
fancy, 2.OOa275; pears, 2.5oa30o; grapes
Emperors, zoo; Tokays, 2.00a2.25;
Cornichons, 125; pineapples, 3.50a4.O0;
bananas, 125a2.50; persimmons, 75a
$50; honeydews, 3.O0a3.25.
Vegetables - Potatoes. Maine, 100
pound sacks, 1.25; New York, 150-pound
sacks, Its; Idaho bakers, 10o-pound
sacks. 2.25; sweets, per bushel 50a75;
string beans, $50; caulihower, LIE
a200; peppers, Florida, crates, 3.50a
400; mushrooms, 50a1 90; beets, per 10(
punches, 800; carrots, per 100 punches
400; bushel baskets, 1885,. tomatoes
California, Tugs, 175a250; lettuce, Ice
berg, 325a3.50: satisfy, per dozer
punches, IS; celery, 2.50a3.25; peas, 3.5C
a375; parsnips, 1.25: asparagus. SIS
artichokes, $50; spinach, IS; kale. IS
watercress, 1.25; turnips, so; eggplant
400a450
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
NEW YORK, November 20 (P.-
Over the counter market:
Trust Conpanie:
Money! to Loan

Secured By first deed Of trust on real estate.
Prevailing interest and commission.
Joseph |. Weller ia si%. w. s,b L T NW
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
HOarders Abandon
Socks for Banks
AS Fears Subside
BY the Associated Press.

BY the Associated fFeSS.
NEW YORK, November 20-Further
evidence that money is being brought
out of socks and from under mattresses
and returned to the banks appeared in
yesterdays weekly Federal Reserve
statement.
Money in circulation declined $46,-
100000, the largest drop since the
boarding tendency was checked after
the middle of october. Bankers at
tribute the reductions to a change in
public psychology since formation Of
the National Credit Corporation to as
Sist banks in need of funds. They
point out that banking suspensions
have fallen of abruptly, and unusual
deposit Withdrawals fhave been gen.
orally checked.
The first reduction in money in cir
culation in many Weeks was for the
week ended October 81, drop of $24.-
600 900. In the next week. there was
a gain of $50 ,000, 900, which was about
equivalent to the usual gain during
that week, and attributable TO seasonal
influences. Last week there was de-
cline of $26,000,000.
Some bankers have felt that the
changes in the past three weeks were
not altogether conclusive, but felt this
weeks drop provided real conf1rma-
ton of the belief that public confidence
was being restored. The reduction of
$46 100000 in money in circulation
brought the total down to $5,471 ,000,-
900, when it was 1889, 100000 above a
year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
OTHER LOANS BAN
GOES INTO EFFECT.
New York Banks Now Have
Virtual Control Over Call
Money Market.
BY the Associated Press.

By the Associated Press.
NEW YORK, November 20.-"FiniS"
was written to the story of the so-called
bootleg loans" as an important factor
in the stock market in the weekly brok-
erage loan statement issued by the
Federal Reserve.
This item had shrunk to only $l2,-
100000 from a total of 1852 900 900 a
week previously and nearly $4,000
100000 two years ago. The latest drop
reflected the action of the New York
Clearing House banks in refusing to
handle this type of loan as of last Mon
day.
Controversy Recalled.
These loans, reported as "other" loans
In the statement, are loans made in the
stock market for corporations and in
dividuals. The total of $4,000, 900 re-
naming was explained as representing
unmatured time loans and loans placed
by banks not members Of the clearing
house.
"Other loans" were sore spots on the
whole brokerage loan controversy dur
ing the bull market orgy of 1929, when
nigh call loan rates attracted a huge
flow of funds from all over the country
and abroad to finance marginal specu-
lation. Banks held down their own
loans to brokers, but the other loan
IGCLIl hcPG dwelling uIlIll IN OCCODcr IL
reached a total close to $4,000, 900, 900,
while the banks own loans were about
81, 300, 900 900.
The drop Of $3.50, 0oo, 900 in "other
loans" during the past week was partly
taken up by an increase of $70,00O, 900
in the loans made by New York banks
and jump of $24,00O,000 in loans
made by out-of-town banks. The net
drop in the loan total, therefore, was
$50 900, reducing it to SITS ZOO, 900,
the lowest in many years, and but a
minor fraction of the record total of
$6,8o1, 100000 reached in October of
| 1929
Banks Position, Strengthened.
With the other loan item virtually
eliminated, it is expected that the
banks now may have almost complete
control over call money and be in a
| position to check speculative excuses
| IN the future.
Since the New York Clearing House
banks place the bulk of funds in the
money market, bankers doubt that cor
porations and individuals will seek to
| place any volume of loans through the
smaller non-clearing house institutions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20

Continued on Page l4.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
STUDY OF COMPARATIVE
EARNINGS SUGGESTED
Dispatch to The Star.

Special Dispatch TO The Star
NEW YORK November 20.-At no
time in the last 10 years has a COM
parative study of earnings statements
proved more important or valuable than
at the present tine in the making of
investors commitments, according to
Chase Harris Forbes Corporation. which
has published tabu!ation of 40 public
utility companies as a commentary on
preserit-day bond values and yields.
Earnings reports of nine of these COM
panieS are offered as typical to illus
trate ratios of net income to fixed
charges, while in the case Of each
of 40 companies the extent of the
declines in their bonds from the 1881
highs yield to maturity, coupon rates,
etc, are given
On the theory that comparative earn
ings statements over an extended period
should be made the basis for bond in
vesting at this time the corporation
draws attention 70 the fact that in many
instances the INCOME reports compare
very fayorably with those issued by the
same companies in 1928 and 1929, and
that in other instances the earnings are
several times in excess of the fixed
charges, thus indicating the consistent
earnings protecting SUCH bonds and the
inconsistency of the low prices at which
such bonds are now selling.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
MINE SAFETY CAMPAIGN
REDUCES FATALITIES

BY the Associated Press.
The campaign for safer conditions in
the mineral industries, waged by the Blu
reau of Mines, was stimulated in the
fiscal year 1881 by the fact that the ac-
cidental death rate was one of the low
est on record.
In the annual report of the bureau
1t is pointed out that during the first
half OF the year only three major eX-
plosions, exacting Al lives. occurred in
the bituminous mines, while none hap
pened during the last five months Of
the period.
Investigations of falls of mine roof
and coal, which take huge toll an
nually, were conducted with beneficial
results, the report said, the work of the
bureaus engineers figuring prominently
in the adoption by many large opera
tors of systematic timbering in the mines
with attendant reduction of mining haz-
ards.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20

NEW YORK. November 20 H1.-Bar
EllVer quiet and 20 higher at 80 Ar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20

@-1S5l-@
High. Low.
107 $3.50
124H LOG
% 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
CAMPAIGN AGAINST OIL
"SPO!LERS" is PLANNED

BY the Associated Press.
NEW YORK, November 20.-E. L.
Beatty newly elected president of the
American Petroleum Institute, an
nounced yesterday the appointment of
committee to frame a plan to put an
end to the activities of spoilers" in
the country's oil field developments.
The body was directed to report its
recommendations within 60 days. The
institute head said he expected to have
before the directors comprehensive
program for practical operation of the
principle that leach owner of the sur
face is entitled to only his equitable
and gas energy in the common pool in
the proportion which the recoverable
reserves underlying his land bear to
the recoverable reserves in the pool"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
U. S. TREASURY BALANCE.

The United States Treasury balance
announced today as of close of business
November 18 was SITS, 42,33810. Gus
toms receipts for the month to date
we're 1862, 00234. Total ordinary ex-
penditures were $9, 427, 677.87.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
INTEREST RATES.
By the Associated Press.

BY the Associated Press. -
There was no change in money rates
last week, both classes of funds con-
tinuing the display of strength which
began several weeks ago. In the levels
that follow the average rates are given
for comparable periods, as measured by
the Commerce Department:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-20
NEW YORK STOCK EXCHANGE
Private ONCE
Stock anc
Sales

Stock anc sales Net.
Dupont de Mem co.. 224 601a Sis 5SA Is
Du Pont de N pf(6).. 1861 1861 1864
Durhan Hosiery pf.. 50s 81 81 2I
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

s-$35 9 $40 WOODEN $11.s5
Sport Suits. .......
fOns Ksieksr and One Losg PsatsD
Reg, 1881, 1888, U40; Shorts, 1851.
1888, UJ9, an.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22
LINER CHR|STENED
BY MRS. COOLIDGE
Waters of Two Sections Min
Ole as Ship Bearing Name
of Husband Is Launched.
~ the Associated Press.

By the Associated Press.
NEWPORT NEWS, Va, February 81.
At q spot where 10 years ago the
booming guns of the Monitor and the
Merrimac were heard, waters OF New
England and the South mingled today
as Mrs. Calvin Coolidge christened the
ship that Il to bear her husbands name
over the seven seas.
with water from the Little River that
flows across the Vermont farm where
Calvin Coolidge was raised trickling
down her bow, the 3. 3. President Cool
idge slipped smoothly out Of her cradle
at O point just above where the his
toric James River empties into Hampton
Roads.
Thousands Cheer.
Mrs. Coolidge. in O taupe coat with
big fur collar, carried American
Beauty roses with stems almost as tall
as herself. With low exclamation she
f1ung the bottle suspended on O long
silk. cord from the main deck, against
the side Of the hull.
A crowd Of several thousand cheered,
an airplane buzxed overhead, and
whistles roared hoarsely as the long red
and black hull glided down into the
water. So smoothly did the President
Coolidge leave her cradle that there was
IlaLuly nipple ON the WAVer AS she
slid in and settled.
Builder 10 Hest.
Mrs. Coolidge, accompanied by her
daughter-in-law, Mrs. John Coolidge,
and her friend, Mrs. r. b. Hills Of
Northampton, arrived In o private car
aboard o special train which brought
other guests from New York, Philadel-
phia and Washington. They started
back to New York in the late afternoon.
After the launching. Homer Ferguson,
head OF the Newport News Ehipbuilding
& Drydock Co., builders of the Presi-
dent Coolidge and her sister ship, the
President Hoover-the two largest ships
ever built in this country for the Amer
lean Merchant Marine, was host at q
luncheon ut the Tidewater Club.
r. Stanley Dollar, president Of the
Dollar steamship lines, owners Of the
ships, presented Mrs. Coolidge with q
platinum and diamond clasp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

Foch seemed TO be especially pleased
with their work, but the main thing
was to augment the depleted ranks Of
French aviation personnel.
During the first few months at
Chaumont occupied quarters In the
town. but later NJ. de Rouvre placed at
my disposal his beautiful chateau, some
three kilometers away. My head
quarters mess was limited to the few
officers with whom was most init
mately associated, and consisted of mE
personal aides, the chief Of staff and
one or two others. Nearly always
there were o few guests ut meals, in
vited from among the visitors, both
French and American, who came to
headquarters. Oficers from French
G. H. @. were frequent guests and we
were always glad to have them.
1t was q welcome relief from the
cares Of the day when our dinner
guests proved to be entertaining or in
teresting. II the guest was inclined to
be more serious, he, too. was encour-
aged in his particular line. Irwin 8.
Cobb came along, and in his inimitable
character as an entertainer gave us an
exceptional evening
AS rule there was ban on every
thing in the way of shop talk and the
rule was rarely broken and then only
when we had special guests seeking
enlightenment or information regarding
our policies and activities. The mem
bers of the mess always looked forward
pleasure and relaxation. The mess was
no place for one to pour out his woes
or unnecessarily discuss the business of
the day or the duties of the morrow.
There was one subject that would
always start q discussion, and that was
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

luncheon and irwin Coub to dinner
Wednesday at Chaumont.
"Egan and Morrow called Thursday
to talk over shipping. Talked with
Eltinge. Deputy Chief Of STAFF, about
reorganization OF 8. o. s. headquar-
ters. Left for Paris In evening.
Yesterday saw Patrick, who will be
the new chief, and Foulois, and empha-
sized necessity for teamwork in avia-
ton. Lunched with Ambassador Sharp,
who says Clemenceau, Cambon and
others highly praise American troops.
Saw Foch at Versailles today and
spoke again Of building up an Ameri-
can sector. which he seems to approve.
He expressed satisfaction with Ameri-
can aid and especially with the as
signment of our aviators to the
French. Had q talk with Bliss"
There was, perhaps, no branch Of
the service that gave us more trouble
than aviation. Although Brig. Gen.
Foulois, at his own request and that he
might assume charge of aviation in the
advance section. had been superseded
by Maj. Gen. Patrick, his desire to OBJ
tain general cooperation, not only
among the allies, but in our own serv-
ice, made him a valuable assistant,
and but for his experience and his
efforts we might not have avoided so
many OF the pitfalls that lay in our
way.
Form Aviation Committee
The demands of the allies for ma
terial. for mechanics, for the adoption
Of this or that type of plane or engine,
their efforts to get preferential treat
ment from us or from each other, to
say nothing OF our own interior DIM
culties in organization and manufac-
ture. made accomplishment Of tangible
results very difficult.
The Interahied Aviation Committee,
established in Paris In the Fall Of 1917,
with the French undersecretary of
aeronauticS as chairman, was presum-
ably concerned with the requirements
OF the allies in aircraft material, but it
resulted in nothing practical in the way
of cooperation. Meanwhile, to CO.
ordinate our own needs as well as assist
the allies, a Joint Army and Navy
Aviation Committee in France was
formed. Generally speaking this COM
mittee did some effective work. but in
the competition among the allies for
| special advantage the interests OF avia-
ton as a whole were often overlooked
The French aviation control under
took, through the Interallied Aviation
Committee, to ignore the American
Army and Navy Committees action in
| allocating material by appealing to the
Supreme War Council, and as a conse-
quence the council established its own
subcommittee, an outcome that really
strengthened the American Army and
Navy Committee and aided materially
in bringing about better cooperation
among manufacturing interests and in
the different countries.
Meanwhile training of aviatorS was
being carried on, and although the con-
ditions were unfavorable, our flyers
were being sent to duty with the
French at the front, where their serv-
ices were receiving commentator. Gen.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22
Judge Lindsey Calls

My diary notes the following:
Paris, Saturday, May 10, 1918. Saw
q number OF officers. Hamilton Holt
and Judge Ben Lindsey came for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

10 Pre-. $50 Wool Kr;ek- $3.45
srs so;1sd) $500.
2/7S, $3.50, 2/3I. 2/32, 1888, H3f,
1886, 1883.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

A$35 Chauffeur Suits 81 S.ss
1897 Req; 1886 Long.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22
Distribution Of Troops.

Harold Talburt Truman H. Taliey. O. L..
vii Taylor. walt Thomas. DR.. ThofnburS,
Robert 8. Th0rnburs. Merle Thorpe. Mel
yin Thrift: r; IL Thurber, r A TIL I'll;
Train, Ray r. Tucker. j. p Tumulty.
Or. John TurIentine. George Van sylke,
ator Robert r. Wagner. Richard II. Waldo.
Theodore G. waiien. FRANKLIN Waltman. H. :;
Ward. Albert L Warner, Everett watkins,
Robert Watson. Capt. u. u, Weimer. Paul
rem rem wheaton. Don WHITAKER. Louis Z.
Whyte, Frederic William VILE. Edward J,
willis, Lyle Wilson. q. Frank Wisner, Lewis
Wood. n. Y. -Woolsver. Paul Wooten, James
b WEisht. Themas wriFieg H., James Barclay
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

1875 Knit Knicker Suits $685.
Reg, 1896, 1888, u4O;
Shorts, 2i3S, 1879, 1I42.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

Donald McColl, who died recently at
Oban, Scotland, drove the flve-horse
stage coach between Oban and Melfort
for 30 wears.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22

tries in the hope Of replacing them
later.
Tomorrow: Big German offensive
opens. First Division goes into battle.
(Copyrisht 1891. in all countries By the
North American Newspaper Alliance World
rights reserved, including the Scandinavian
Reproduction in whole or in part prohib-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-22
NO EXCHANGES
NO REFUNDS


NO REFUNDS
&&.%
At 1905 Pa. Ave. Only
1-$25 Two-pants Suit 81 .$6.ss
|z-$35 TwO-pHnss Suits. .$10.es
Reg. 1851. no; Stosf. Uss; ~
Shorr. 1871. 1888. 1883, mo.
I7-$25 Knit Knicker Suits $685.
Reg, 1896, 1888, H4O;
Shorts, 2f3S, 1879, 1/42.
s-$35 9 $40 Wooden $11.ss
Sport Suite. ......
fOSe KSieksr o1d Ose Losg PsstsD
Req, 1881, 1888, I/10; Shorts, 1851,
2/3S. H5S. an.
1855 ovsreo. at $685.
3/42.
1850 cuta,Day Goats Sass
and Vests. ........
Rec, 1886. 1888. ne; StOHf. 7/39.
$40, z/++, ms.
$40 Prince Albert $A.e5
Coats and Vests. .......
a
@$35 Tuxedo coats $12.s5
Grd Pants. .......
Reg. 1884, ass; Loss. H's.
$50 Full Dress Coats s13.es
and Pants .....
Reg, 1/3S, 1886; Ii, 1887;
Stout, l/4O.
10 Prs. $50 Wool Kr;ek- $3.45
srs (so;1sd) .......
2/7S, $3.50, 2/jI, 7/32, 1888, H34,
1856, 2/3S.
2$35 Chauffeur Suits 81 S.sS
1897 Req; 1886 Long. ~
26-N.N SEeksrs. -. .$3.9S
Black, Yellow ssd OiiOs.
256, 2/3S. $40. s/f7. Htf.
22-$5 Fancy Yeats -. o.
1884, 3i35, 1886, 6f37, wv
4/3S, 1889, $40.
$3.50 Waters White co.
G0GeS
Sizes. 2/3s, 1886.
es6.7s wee q. T r., =: 1885
1871, 2/33.
2S-$15 to sos Palm Beach, Mo-
hair N u, and SIS
Tropical Worsted Suits.
Regulars, 1888, 1884, 3/3S, z/37, zi3s,
2/4O, 1/42, I/4S.
Stouts, 2/38, 2/39, 2/4S.
Longs, 1888, 1889, 1/4O.
Short, 1877, 1889.
Short. Stout, I/46.
LonG. Stout, 1879.
22-$5 Drsss Vssts 90.
(so;1ed) .......... Nv
II;S 7I,S IIIS ,1<S. Co.. 800 go
TfV.
&c D. ez A EIII
Serge Striped Trousers
Sizes y and 80.
9 Pc. 4lOO pnJ,, Rel ~
&c
1ro"ssrs
- avg ~.
nwn 90 40 CO..
zoo-Sl'oo onirts S9c
>. 80 -
S >-o
- - - % -,
$3.50 @ s;1s Is s 5ssi,s shir'' .s2'4'
-~-----S~-
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1931-06-27
MORE WELLS
STARTING IN
HILSFIELD

Three new wells we're started
this week in the Bears Den field
in the sweetgrass Hills, two IN
locations that may add materially
to the fields producing area.
Liberty Gas Company, operat-
ing under an agreement with the
States Utilities Com
pany. is moving into q district
west Of present development, with
tw wells, one in Section 10 and
one in Section 10.
Howard interests are COM
another wei on the
Ritter Pemit. on which the sun
burst Oil & Refining Company
now has a 15,0O00O0-foot gas
ser. The Howard well will be
coated about half mile north
vest Of the gasser.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1931-06-27
Snare Company.

Through one OF its power
full subsidiaries Electric Bond &
Share company has control OF
the Montana Power company.
Montana Power is the direct
agency through which $4,000
600 is being invested in the ma
turaI gas distribution business
in Montana.
Eighty Billion Feet
Electric Bond & Share last year
distributed 80 billion cubic feet
of gas through its various subsi-
diaries principal OF which is
United Gas corporation which
has more than 1000 miles Of
pipelines in its gigantic system.
Electric Bond & Share has in
vestments Of a market value Of
s1,27S,444.s0e, giving virtually
unlimited financial resources
and its entrance into Montana
lends stability to the natural
gas industry Of this state.
Supervisory System
Electric Bond & Share operates
its subsidiary companies under
agreements whereby
It designs and through construc-
tion companies actually builds
On basis Of stipulated fees all
Of the supervised COM
panies. The company also gives
every type OF expert assistance
including advice on engineering
egal matters, rate questions and
operating matters, services ex-
ended being both supervising and
financial.
The stamp Of approval Of this