davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
he

UNHERE is nothing in industry
that has greater appeal than
wildcat we'll.
There is a thrill in gold, but
gold mine IS slow and the finding OF
rich ore is a cumbersome process.
A wildcat well reaches the pay"
at a definite day and hour. as the
drill reaches known container sands.
The word wildcat" is not one of
derision, as interpreted by blue sky
commissions. 1t is a legitimate opera
ton, seeking to bring in new oil
field or a new pool. Within mile
of production, in proven field,
well is never wildcat Beyond a mile
from production or in any new
structure a well is called wildcat.
1t is in the wildcat that the great
fortunes OF the oil industry are made.
The geologfst goes out into the prai-
ries and discovers tilted rocks, which
indicate to him that there Is a struc-
ture. He searches out every spot where
rocks are exposed on Inc Surface III
he finds rocks dipping away from
central point, in all directions, he
reports a dome" or Hanticline'-
a bulge in the earth's surface.
The lease man follows the geologist,
getting leases from all OF the land
owners on the farm. The lease is
contract which provides that should
the operator find oil, he will give
the landowner eone-eighth OF all the oil
and gas produced and saved, free OF
cost OF production. Because he has to
take none of the losses, pay for no
part OF the finding, drilling or pump
ing: the landowners share amounts
to about 40 per cent of the operators
net profit derived from his seven
eighths OF the oil.
The operator drills the wildcat.
The geologist has informed the drill
ers OF the known horizons and the APP
proximate depths at which they Will
be found The drillers keep careful
record of the change Of formation:
from shales into sands and into lime
stones, and the geologist can usually
tell. within a few feet, the place
where the probable production win
be found.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
ADERTA'S E
ais 9 II
~ VALLEY VEL

Alberta oil production for
March totaled 75y22s barrels. q
somewhat larger production than
in February, owing 10 compile
ton Of a new wen OF large
capacity in Turner Valley. Dur
ing March, Turner Valley pro-
duced ss.s0s barrels OF naphtha
2.16s barrels Of light crude,
while the Red Coulee field pro-
duced s,0s5 barrels OF light
crude and the Wainwright field
e6s barrels Of heavy crude.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
poogEvEr.T TIE GREATEST AMERICAN LEADER

DR. 3 Larson, delegate to the National Chamber OF
Cnserce session at Washington d. c. from Great Falls,
reported the meeting about as follows:
II didn It find what it was all about don Deheve
anyone knew what it was all about BUSINESS men u
b country large and small represented but there was
no definite plan or leadership All enxious to 90 just
one thing: cooperate with President Roosevelt Ihey an
agreed that business must sink swim with the president
and they are depending him. and wall back him up
o
This probably summarizes the national SITUATION Whcn Is
to the person who vanly to keep up Wuth
the kaleidoscope Of the special session OF congress
Neither washington nod Lincoln had such unanmty OF
public sentiment elevate them to their greatness IN history,
aa that accorded President ROOSEVELT
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

The thickness of the shale
ohreak" varies from few inches
to IS feet. In the Britton group,
section 10 and IA, there is no
"breakv between the two sands
the drill passing from the
Stewart Immediately into the
Darling and logging as much as
80 feet of continuous sand. Inc
Darling sand has an average
thickness of 20 feet, thickening
10 the west. At Montana Power
Simero. Sec. 5-33-5W, IL is six
feet. at Santa Rita Yunck No. z,
IL miles west, it is IL feet;
at Santa Rita-Yunk No. /, II
miles farther west, it Is "
feet thick; at Tarrant-Reichoft'
IL miles farther west, IT Is
SO feet thick.
ELLIS-In the producing area
no test Of the Jurassic has been
made except at the Drumheller-
Yunck which possibly reached
the Ellis sand, reporting show
ing of oil 60 feet below the
Darling sand.
A majority Of geological
authorities agree that the pro-
ducing sands occur in the basal
Cretaceous rather than in the
Ellis OF the Jurassic. The pro-
ducing formations correlate with
the Cosmos and Vanalta sands
OF the Border field and the
Baskoo sands of the Sweetgrass
Hills. These sands do not occur
in either Kevin-Sunburst field
nor elsewhere in the Sweetgrass
Arch. They have been described
as a twilight zone" between the
Cretaceous and the Jurassic.
ACCUMULATION - This ac-
emulation of oil occurs on the
west flank Of the great Sweet
grass Arch, a vast uplift of
10000 square miles, comparable
with the Sabine uplift of East
Texas. The Arch has been in
fluenced by at least three per-
iods Of movement and folding,
the second of which occurred be-
fore the Cretaceous period so
that when the Jurassic sea in
vaded from the northwest, the
Sweetgrass Arch was an island.
On the shores of this ancient
island was laid down sand
stone beach. This sandstone is
nowhere to be found in the
center of the ancient island, as
revealed by drilling in the central
Arch. In Kevin-Sunburst, bald
limestone remained. On the
northeast shore OF the island, IS
miles away. however, this same
sand is found in the basal
Kootenai, averaging SIS feet
thick, likewise in the Border
field where the old beach swings
around to the west, the same
sand lensing is found, every
where containing oil. save in the
deep regional syneline northeast.
The lenslng OF this sand forms
the missing east closure at Cut
Bank, providing a trap for the
oil as it is propelled up dip by
the waters of the great regional
syncline from the north.
No wells have been completed
west of present production but
1t Is known that the Kootenai
thickens 20 the West, Stebinger
GU. s. @. s. 691E) reporting
$50 to $40 feet Of Kootenai along
the face OF the mountains. as
compared with 40 feet OF Koot-
enai IN the Sweetgrass Arch so
miles East. Thicker sands &C
company the fhickening of for
nation to the west, so as drilling
progresses westward. larger pro-
duction may be expected from
thicker, more saturated sands.
NO water haa been found in
the pay sand Of Cut Bank
pool. However, the wmesx table
averages 2300 fest SHORE sea
level The surface eAevnti0n
averages 1850 teef Shore sea
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
STRUCK BY LUCK

MERGED. calif.-A 20-pound
chunk of quartz fell on A. F.
Grant. a miner He carried It
to town and put it in a safety de-
post vault. 1t is said to contain.
$4,000 worth OF gold.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

The crystal gazer thought she
recognized in the client the wife
Of an oil man.
Il see-I see buried treasure
-" she said;
eyes, never mind that, said
the client. cts probably my
husbands first wife. / know all
Tabout her"
d q q n
Applicant: Il am a practical
farmer. / can plow, reap, milk
cows, shoe a horse-in fact, ]
should like you to tell me one
thing about a farm which !
can not do"
Farmer Cedging for the
door, Can you lay an egg2"
q q q n
PERFECTLY SIMPLE
OuS OF the uNAAtAA6 SAcW was
brought into the hospital with
a fractured cheek bone. After
his injuries had been dressed and
he was resting fairly comfortable,
the new nurse asked him how
the accident occurred.
He replied: You see, it was
this way, Ma'am. We had the
Kelly up and I pipes the rough
neck who had just come up from
the mudhog slingin' line on
the cat head. You know, he
wasn't wise, and besides he was
just buttin' in and starts to
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
ROUNDUP Has
REFINERY uSmG
CAT GREEK OH

Roundup is to have a little
topping plant refinery. utiliz-
ing Cat Greek crude. River
Dome OIL CO.. which has some
Cat Greek production, has built
the plant and filling station and
win be in operation within a
week or 10 days. Company ex-
poets to drill additional wells IN
East Cat Greek to care for grow
ing market demands.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

10 to tell him 70 cut it out when
!. / trips on the brake lever, she
slips off the rachel and mashed
me in the jaw Eyes. said the
nurse, "but / don't quite nm
derstand."
Neither do T. replied the
driller. the dang chump must
q been 'nuta' to think be could
handle a cat head"
n u "a n
Young Husband: MY dear.
fear there Is something wrong
with this cake. II doesn't taste
right"
bride; at must be your inn
agination. The cook book says
Iii is delicious"
y q q a
"Oh. what pretty c0wlets. /"
exclaimed the city girl as she
spied several calves running a.
cross the pasture.
Pardon me. ma'am." apollo
gized the eowman, them amt
cowlets; them is bullets"
o = q q
HE TOOK NO CHANCES
A man motoring through Ten
nessee seeing a farmer sitting
on his front porch stopped and
asked If he could get a bucket
of water from the well.
Help yourself. partner" re-
piled the farmer.
The motorist filled his radi-
ator and to start conversation.
asked the farmer:
"How's the cotton coming a.
IOng?"
Il didn't plant no cotton ac-
count the boll weevil," replied
the farmer.
"Well. how's the wheat?"
Didn't plant no wheat ac-
count the rust"
Well, how's your cattle?"
asked the motorist.
Didn't raise no cattle account
of the hoof and mouth disease ("
In desperation the motorist
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
FULTON CREW

fComefnued krem E.aas 0aes
q one~miIe westward extension
to the field. located In north
east corner 1e-s4-sw.
Engine trouble delayed the
A. P. OBSERVATION-DISCLOSURES No.
2 well which is now at 1100
feet. Drilling resumed Thursday
following shutdown Of several
days. Location Is in SEX sWA
1z-s4-eW-
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

On proven ground, the operator
drills well on so or 100 acres. He
knows the probable content of the
sands. He has an idea of his prob
able returns. On a wildcat the opera
tor may have from 1000 to 10000
acres. He may have in that area sew
eral 4O-acre tracts that win pro-
duce millions OF dollars worth Of oil.
There is no limit to the possibilities.
That is the lure Of the wildcat we'll
Nine chances out of ten Tin the
United States averaged the wildcat
will not get commercial gas or oil.
In Northern Montana the ratio on
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

said: ~well. what did yon
raiser"
Didn't raise anything" came
back the farmer. You see. 1
didn't want 20 take no chances =
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

OIL is the blood OF the earth fOwrng through
" fortune,s field only to enrich the courageous.
If sometimes rewards even the nOD-thinkIHg busI-
ness Stacker, but If never lifts the burden rom
t5S bocE of n business coward. ITS plus marks
of success generally go to those who combine
some degree of thought with action.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

- UT to make such fortune, the
investor must leave the throng
and go out into the hazards Of
odds of five-to-one against him. He
can buy PROVEN ground royalties
which will pay him perhaps 20-to-one
and he can buy producing royalties
that will pay him five-to-one. But to
get the possible 100-to-one he must
risk losing in four out of five times.
That calls for low-pr9ced royalties,
such as can be had only on wildcat"
structures
A few years ago the investors turn
ed to producing royalties. They were
content with 3 rate Of return.
The word "giIt edge" was in the
air Royalties in a wildcat we'll were
in disfavor. Now there is a complete
change. People are today seeking out
a chance to make investments offer
ing large odds. They would rather
gamble to make a big winning than
20 risk losing money which at best
would earn 4 percent in banks or al
legged @giIt edge" stocks and bonds.
There are few promising wildcats
drilling and this kind OF royalty Is
-as It might be expected to be-
very scarce. However. we are work
ing on titles on some royalty that
will answer. II Is on a structure that
has big company geology. is under
lease to q substantial Independent.
and Is already proven for gas and
the cost Is so little as to afford the
greatest odds of possible return We
have ever enjoyed It will
take only SO members pooling So
apiece to handle the deal. To those
who enquire we will submit complete
details, with no obligation.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13
"WHdcdt''

good geology is more nearly one out
five The investor in a wildcat there
fore bases his investment on -FOUR
losses and ONE winning. The one
winning must be great enough 70 pay
a profit on sill five investments Or
rather, the investment in all five
must be kept low enough so that
ONE success win pay large profit on
the five For that reason, it Is a
rule that wildcat royalties offer the
greatest odds 1t is in a wildcat that
a man has a chance to win 100-to-one:
the one place where man with
little money to invest can make a
fortune
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-05-13

But greater than all this Is
the thrill OF drilling i'm. Every
man, woman and child is interest
ed i'm a hole I'm the ground: the
exploratory instinct. There Is q
thrill i'm penetrating the unknown:
the instinct personified by such
men as Amnndson and Byrd and
Stanley. There is no moment OF
greager exciteaneFst in industry
than when a wildcat well strikes
oil. IL means weaEth--4or some
one The travelling man who has-
MT . thing to gain drives his car
mp to the rig and stands I'm a
shower of oil, spelling hat, shoes
and clothes, thrilled 60 speech
lessness. The drfIlers beam with
an enthusiasm that does not admit
that they have 20 90 cut and get
another job, now that they have
struck oil. Farmers with starry
eyes stand cIunrsiIy In the way
OF wOrkmen, each one thinking
I'm terms of new buildings, city
homes, new cars and college for
the boys. IL is q new world,
trimmed I'm gold.
The Washington times., 1933-06-23
Washington Produce

lima, $1.25 $50; poor condition, 81.
Nearby sections, $1.5OQ1.75.
Lima Beans-Truck and express re-
ceipts moderate; supplies moderate; de-
nand moderate; market steady. Bushel
hampers: North Carolina, vide range
in quality and condition, $2.2502.5O;
fair condition. $500; poor condition,
$1.OO; $ruth Carolina, $2.25 02.50; few,
$500 poorer lower.
Observation-Disclosures receipts moder-
ate; supplies moderate; demand light:
market weak. North Carolina, bushel
hampers, U. s. No. l, $1.OO@1.25; V:r-
gnia, Norfolk section, -bushel ham
500. l'"'
squash-Truck receipts moderate; sup
plies moderate; demand light: market
about steady. North and South Caro-
lima, bushel hampers white, 75c; yellow.
$1.OO.
Peppers-Express receipts moderate;
supplies moderate; demand slow; mar
ket weak. Florida, III bushel crates,
green, large size, fancy, $1.50@1.75, few
81, wasty $1.25.
Okra-Express receipts light; supplies
light; demand lighh market steady.
Florida, bushel hampers, large size, $3.50
@2.
supplies moderate; demand slow; mar
ket weak. Florida, IL bushel crates,
$3.50. poorer 81.
Beets-Near by sections: Supplies mod =
crate; demand moderate; market steady;
&c per bunch.
Tomatoes-One Mississippi arrived; 4
broken and unbroken cars on track.
Supplies moderate: demand moderate
market weak. Mississippi and Texas.
lug boxes, green, ripes and turning,
wrapped. 6x6. $1.25@1.75.
Peas-Two California arrived;
broken and unbroken cars ON track.
Supplies moderate; demand moderate;
market steady. California, bushel ham
pers, Telephones, $1.5O@165.
Raspberries-Express receipts light;
supplies light; demand moderate; mar
ket steady. North Carolina, 32-quart
crates, best. 15c; poorer. 10c per pint i;
late sales Thursday, $4@4.50 per crate.
Kale-Truck receipts light; supplies
light: demand moderate; market steady.
Maryland, bushel baskets. S504Oc.
Spinach-Truck receipts light sup
plies light; demand light: market dull.
Maryland, buShel baskets, fair condition,
81.
practically no demand. North Carolina
32-quart crates. red varieties, small size,
fair condition. soc per crate.
Green Corn-No carlot arrivals
broken car on track. Truck receipts
moderate; supplies moderate; demand
Alabama. mostly around. s1.75; Florida
81. 50@1.75 poor condition. 81: Georgia.
fair condition, $1.25; poor condition, 81 !:
North Carolina, poor condition, 81; few
best higher
Rhubarb-surplies mderate: demand
light. Pennsylvania, zoe per dozen
punches.
Spring onions-supplles moderate; de-
mand moderate; near by sections, 10
3c per bunch.
moderate; demand moderate; SC per
bunch,
The Washington times., 1933-06-23
DU POINT RAISES
WAGE RATE At
WILMINGTON

WILMINGTON, DEL, June %
U.N.S0 Citing improved busi-
ness conditions, the Dupont Com
pany today announced a 5 per
cent wage increase for more than
5000 employees effective next
Monday.
PHILADELPHIA, June %
G.NS0.-Despite an anticipated
seasonal drop, employment in
Philadelphia showed a sharp gain
today in reports by the indus.
trial research department, Uni
versity of Pennsylvania. A total
of 23,500 were dropped from un.
employment lists from April Is
to May Is.
LOS ANG ELES, June %
Q.N.SO.-With the reopening OF
Warner Brothers First National
studios after a shutdown of three
months, every major plant in
Hollywood was in production with
ambitious programs.
Approximately $500 men and
women returned to work at War
ner Brothers, which announced a
$12,000,000 budget for go feature
pictures during the coming year
the largest in the history of the
studio.
The Washington times., 1933-06-23
8 FALL
CONTINUES

NEW YORK, June % G.N.SJ.
The dollar crashed to new low
levels today as the pound scared
to $4.24, up 224 cents and the
franc to 4.91 cents, up 11a points.
At its current level the dollar is
worth about 80 cents against the
pound and franc.
Belgas jumped 5 points to l7.45,
Swiss francs 10 points to 24.10,
and guilderS 10 points to 50.10, all
Of which are new high levels.
Marks, lire, pesetas and tho
Scandinavian exchanges also raj.
lied sharply against the dollar,
but Canadian currency lost " Of
a cent at 9O5s cents.
The Washington times., 1933-06-23
Money Circulation,
Reserve Credit Off

The daily average volume of
Federal Reserve Bank credit out
standing during the week ended
June 81, as reported by the Fed
eral Reserve banks, with $2,2O3,-
100000 a decrease of $6,OOO,OOO
compared with the preceding week
and of $92,000.0OO compared with
the corresponding week in 1892.
On June 81 total reserve bank
credit amounted to $2,194, ,0OO, 900,
a decrease of $18,O0O,OOO for the
week.
This corresponds with decreases
Of $76,000,00O in member bank re-
serve balances, $4,000, $1,000 in
money in circulation, and $4,000
900 in unexpected capital funds,
nonmember deposits, etc., offset
in part by a decrease of $9O,OOO,-
900 in Treasury currency, ad-
juSted.
The Washington times., 1933-06-23
POWER OUTPUT
AGAIN RISES

A sharp gain in electric power
output last week over a year ago
and over the previous week is
reported by the Edison Institute.
The gain over the like period last
year was 9.5 per cent.
Production last week totaled
1873, ,101 900 kilowatt hours COM
pared with 1,541,713,000 in the
week Of June 10 and 1,441, 1,532, 900
in the corresponding week last
year. Distribution was the largest
for any week since the period
ended February 13, 1882, which
was near the peak for that year.
The biggest gains in the major
geographical regions were in New
England with an increase over
last year of 1872 per cent against
a lift of 14.5 per cent in the previ-
Gus week; central industrial dis
trict, which was up 11.9 per cent
against 10 per cent the week be-
fore, and Southern States with a
gain of 1876 per cent against 10.9
per cent.
In the Middle Atlantic Region
there was a slight recession, the
increase of 7 per cent comparing
with a rise of 70 per cent in the
previous week. The Pacific Coast
lost IA per cent against decline
Of 5.3 per cent in the preceding
week.
The Washington times., 1933-06-23
GRAIN FUTURES
RANCE LOWER

CHICAGO, June % GN.S0.
Grain futures averaged mod
erately lower in fairly active fore
noon dealings. Pressure was mod
crate and support fair.
Near noon wheat was u to 1ac
lower, corn u to 5sc off, oats
bc up to Ac down and rye "
to 5sc lower.
Liverpool wheat was 3s to. 1ad
lower, Winnipeg 1sc down early
Corn was afforded good sup
port on declines. Very little rain
fell throughout the belt and con-
siderable apprehension existed
over damage as a result of the
heat wave. Further crop damage
reports were received on oats.
Estimated carlot receipts were
Wheat, IS; corn, 230, and
oats, Al.
The Washington times., 1933-06-23
WALLACE PLAN
SEEN WINNER

John D. Mothershed, Washing
ton manager for Fenner, Beane
and Ungerleider, announced to-
day that reports from the firms
branches throughout the cotton
belt indicate mplete success
ahead for the acreage reduction
program outlined by Secretary of
Agriculture Wallace.
Mr.. Mothershed states that
kilograms were sent to managers
of all his firms Southern offices
asking that an investigation and
report be made on the attitude
of farmers towards cooperation
with Secretary Wallace in the
plans of the latter for retiring
cotton lands from cultivation.
With the exception of a certain
portion of Texas and a small Sec
ton of Louisiana the replies were
virtually unanimous in stating
that farmers would cooperate 100
per cent.
The Washington times., 1933-06-23
TRACTION FIRM
MAY NET Up

The Capital Traction Company
report to the Public Utilities Com
mission for May puts net income
at $20,657, a gain of $2,789 from
the 1882 month. Net for the five
months this year, however, is re-
ported $52,O88 under the like
period last year.
Operating revenue last month
was $258,748, against $295, 1892 a
year ago. Operating expense was
$188,934, compared with $226,275
in May last year. Revenue for
five months was $1,241,024 and
expense $982,475, decreases of
S21O,337 and $154,941, respectively,
from last year.
There were 3,1O3,548 passengers
in May and 15,24O,OO3 in the five
months this year, both reductions
from a year ago. Also there was
a sharp reduction in mileage for
both periods.
The Washington times., 1933-06-23
LIFE INSURANCE
SALES HIGHER

Washington ranked sixteenth
among the States in life insur'
ance sales last month II per cent
below May, 1882, the Life Insur-
ance Sales Research Bureau re-
ports. sales here totaled $685.
600, and % per cent of the report
ing companies listed improvement
over year ago.
Life insurance sales for the
United States were only 10 per
cent below a year ago. This is
the best comparison any month
has made with the like period of
a precedaing year since January,
1882. Seven States. Delaware.
New Jersey, Ohio, Kentucky, Mis-
Sissippi, Utah and oregon report
ed Improvement,
The Washington times., 1933-06-23
Cigarette Output
Sets AU-Tin1e Ton

Cigarette production in tn e
United States scared to an all
time high of 12,s22.972,513 units
in May, a jump of ATS per cent
from year ago, Internal Reve-
nue. figures disclosed today. The
previous record high was 1885,
840,263 in July, 1880.
Output of large cigars also ran
ahead Of last year, aggregating
371 ,372,981 against 368,553, 1865 a
year ago. Loose tobacco totaled
2S,644,964 pounds against 1896
958. Snuff production amounted
to 3,192,6l1 pounds mpare d
with 2,812,993 in May. 1882.
The Washington times., 1933-06-23
Church to Honor
Blue LQIU Leaders

w. w. Davis, of the Lords Day
Alliance, will speak at Community
Day services at the BurtonSville
Methodist Episcopal Church Sum
day night.
Recognition Of State Senator
Robert G. Hilton, of Rockville,
and o. w. Roby, of Colesville.
Montgomery county delegate to
the Maryland Legislature. for
their successful defense of county
blue laws. will feature the meet
ing. The alliance led the organ.
lied opposition in the antiblue law
fight.