davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18

"Living so far aa0ug from the
Montana OIL field Is a big
handicap, sCrites a member of
this organization aChO Ines on
the Atlantic seabo0rd.
To him he wrote back:
"YOu can see as far into the
ground IA Montana as can q
MOata7da.
"A geoEogist mast be called
apoR to determine the e4istence
of surface Indications of an I'M
dergr0uNd trap for oil. No man
aOGnts to proceed IN the oil batst-
ness sOith0att the best geological
guidance money can bag. The
man aOho drills the a0eu, spend
ING perhaps Hundreds Of thOas-
0nds of dollars, looks at q map
and a report and NOT at the
ground, s0ke3s he decides to drill.
"You, sitting IN yOar office
nearly 5000 miles dsoay, can do
no better than TO look at the
map and the report and decide
on y0Wr royalty Investments.
You haze to rely on too factors:
the Judgment of tks operator
aOh0 concludes that he has found
a petrOLifer0sts area, and the Gc-
earacy of the geOlo0ist IN map
ping a fold o.. structure on the
eGrth's surface. Thereafter zoe
are all equal"
1t is the ambition of every
royalty investor to own a large
share of the oil On iust ONE
big producing tract. Millions up
on millions Of dollars have been
paid to royalty owners in Salt
Greek field, yet there is not
one who does not wish that he
had some royalty on the famous
Section Thirty-six, where the
royalty happens to belong to
the State Of Wyoming.
Millions of dollars have been
paid to royalty owners In Kelvin
Sunburst field, yet every royal
ty owner kicks himself because
he did not buy some royalty on
the William Byrne farm back in
the days when it could have
been bought cheap.
EVery man sCh0 bought
royalty IN Kevfn-Sumburst
field 10 gears ago had has
chance to pick atp one per
cent royalty on the By97se
farm, paying no more, If
as much as many paid for
other tracts. One per cent
royalty, on Just 40 acres of
Bg7me land, easily a0ithin
the reach of the pocket
book Of the Average ipVes-
tor of 10 years ago, has
paid to date more than
TWENTY TWO THOUS-
AND DOLLARS.
In like manner, we recall cor
respondence with George Stan
nard, eight or nine years ago,
when he wanted to sell royalty.
It was then too far East, we
thought, and we couldn't agree
on the price. Eighty acres of
the Stannard lease has yielded
more than TWO MILLION
DOLLARS and the one per
cent which we might have pur-
chased has long since passed
he $50, 10000 mark in earn
ngs, and is still producing. At
! time when we could have
bought the East side royal
les cheaply, we were all scram-
bling to get royalties on West
Side properties. Those of us
Who were lucky enough to pick
p royalty on the Moore permit
lave had to be satisfied with
! return of around $1,000 on
'ach one per cent of royalty
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18

tons in the PROBABLE pro-
ducing area. Once we put our
finger down on q non-produc-
ing area, we were all ain the
hands of the Lord. Given our
choice of the field, one chose
the Baker farm. Another chose
the Howling farm. Another
chose the Reibe farm, adjoining
the Baker farm, on the north.
Everyone was in PROVEN g.
rea and everyone had an equal
chance.
Those who chose the Baker
and Howling farms made for
tunes. Those who chose the
Reibe or the Swears could not
be accused Of using poor judy
ment, yet their profits have
been less than half the returns
received from the Baker and
Howling farms.
The law Of averages plan has
worked out. It succeeds. but It
is like an INSURANCE policy.
It insures q profit but it lacks
the SPECTACULAR feature
provided by such an invest
lnent as ONE PER CENT on q
tract.
The royalty Investors
sCk0 h0ve become TeaIlg
rich are those sOh0 haze
at one time or another tax
en- Tong shot and picked
Stp o fsl one pen. cent on
a tract at a OaC price, Woit-
ing calmly for the time
sChe1s Il aOSu be developed.
If fp proven ground, e
WILL be developed. In
KeVin-Sanbsrst field, es-
pecS0Jly, the only sC6g q
man Gun get the OIL 0sst of
a particular piece of ground
ss to DRILL that particss-
lar piece of ground. He
can't drain the OIL bg drill
ing on some OTHER piece
Of gYOsessd. So II e g Oh
g0aad THAT GROUND
WILL BE DRILLED. OF
this the royalty Os0ner may
rest assured, 80 If he has q
7sea0 ByT7se farm, he has a
fortune.
1t takes a 1O-year viewpoint
to grasp the significance Of
this statement.
In Kevin-Sunburst field there
are $4,000 acres of oil land. Ten
thousand acres have been ex-
plored. The United States Geo
logical Survey says that it is
evident that the field win pro-
duce 25,00O,000 to 100000
barrels of oil and should more
areas of large initial production
be struck, should deeper produc-
tive beds be found, or should
the limits of the field as now
known be enlarged the estimate
given above may prove to be
much too low"
In other words, the man who
can obtain one per cent royal
ty on an undeveloped tract or
a tract with one or two wells,
is sitting in the same position
as the man who 10 years ago
bought one per cent royalty on
the Byrne farm or the Baker
farm or the Reibe farm.
Whether he lives in England or
lives ON the farm, he can see
just as far into the ground as
the next person. History tells
US that he may get a return as
high as $3O,O00 in the next few
years, If it is q Byrne farm.
His investment must be such
that he will MAKE A PROFIT
no matter if the tract is no bet
Ter than the AVERAGE for the
.ield.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18
One Per Cent Royalty

The history Of Kelvin
SstlsbarSt guides as iR Cut
Bank and other fields.
In the first place, zoe must
not pay too much for our
royalties. We must pay
prices based on VALUE
and not on hysteriG.
In the second place. zoe
mast stay a0ithin the
KNOWN area of probable
production for a majority
Of our Investments, stu
matching the lao of aV-
erGges.
But If possible, each Sn-
vestOr should haze s0lted
GsOGy a deed to a full ONE
PER CENT ROYALTY
On at least ONE tract IN
this field.
Somewhere in Cut Bank some
larger wells win be found. If
this were q field where the sand
was everywhere Of the same
porosity, we might not expect
big wells, for they would be a.
bout equal If the oil could flow
in any direction with equal IA
cility. But drilling has shown
the sands in this field vary In
porosity. In some places the
sand may be very thick but
tight and eeznented. In another
place the sand Is very loose
and porous. Naturally, the pro-
ductiOn Is greater IN these po-
rOus spots. Again we are unable
70 see into the ground, 60 pick
these spots. But SOMEWHERE
So in the similar situa-
tio' N fhe Border field-sOme
BIG ONES may be expected.
1t takes just 40 acres of this
kind Of production 20 make us
a snug little fortune. The Rich.
ard hide farm covers 800 ac-
res and only 40 acres Of the
$40 are productive. Yet the
landowners share from the
production Of this little 40 &C.
res has amounted 10 more than
a QUARTER OF A MILLION
DOLLARS.
ANY 4O-Gcre tract in
the pToVen area of Cut
Bank field may be a big
aOi1sner.
one aOGy to do is to pick
up one per cent on a tract
qOitlin the prOven area,
NOW, and aOGit for the
coming of the 0sshers.
The other sOGy is to s0ait
for the 0Nshers and there
after pay ten times as
much as present quotations.
We are all of us in more or
ess Of gambling mood. When
We have plenty of money we
ire conservative up to the point
where we will be content with
of one half Of one per
ent on our investment, as in
he case of millionaires. But
When we need money we are in-
lined to PLUNGE a few dol
airs, taking advantage Of an
outstanding opportunity TO
make a really big winning.
We are striving at this time
D pick up royalties on tracts
here the average investor can
ford to own q full one per
emit in addition to his other
oldings. We would like to put
ne such royalty in the hands
{ every member of this organi-
alton.
To those who can see the
isdorn of this policy we win
e glad to submit this partic-
lar fvDa of Y.ovalfioa
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18

Great Falls today boasts the
best zone man lobby" In Mon
tana. He is a grey-haired whols-
sale grocer who now knows his
groceries when It comes to dis
suading legislators from passing
measures intended to impede the
grocery business.
This man having boosted his
good cellar fell prey to q group
of ''dry" legislators who framed
up a hoax measure, then called
the Great Falls grocer to tell him
that he had better rush to
Helena, armed with some legis-
Iative oil to smooth the troubled
waters. He did as told and was
much gratffied at having the
entire scommittee" not only meet
in his hotel room but spend
most Of the night with him
until there was no use staying
longer. Assuring him that every
one would reconsider" the bin,
the COMMITTEE adjourned. J
Again the hoaxters became
1'dry" and called the Falls grOc-
or, urging him to come to the
rescue, to prevent the bill from
being reported favorably. He
dashed to the scene, properly
armed, and again there was
dong session with the commit
tee" and IL he Odd not know all
the prominent members. then he
enjoyed calling them by the
names given for the occasion.
After the committee had absorb
ed all Of his arguments, it
voted finally to ''kill" the bill.
after having 'killed" everything
he had brought from his good
cellar.
s@This lobbying business isn't
so hard" he is said to have told
a friend, afterward. II certain
~ met ND with bunch of fine
fellows and had no trouble in
killing q bill which provided that
Il a grocer bought direct from a
wholesaler that the grocer was
to receive the commission ordin-
ariIIy paid to salesman. But
Il was lucky that I got on the
loo when / did, IL
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18
ROTH BRTGHr

MY two boys, aged six and
eight respectively. became very
enthusiastic about fishing last
summer. so whenever 1t was pos
sfble I rented a rowboat, took
them out on the lake. One
morning they discovered q spot
where the fish were unusually
abundant. but unfortunately IL
was Just lunch time, and / in
sisted that we go ashore.
They were loath to leave the
place until / promised them they
might come back after lunch
Then they decided to mark the
exact spot where the fish seemed
thickest.
''I'n mark" cried my youngest
and proceeded to chalk an tx"
on the bottom Of the boat.
Gee, but you're dumb" re-
proved his scornful brother"
How do you know wen be COM
ing back in the same bOat?"
q q = d
1T SPOKE FOR HIM
well. how did you Nike our
new minister" I asked the
bankers wife.
''He's . good-looking young
man." she replied critically. /
-fbut don't approve his doc
trine OF eternal punishment
why he never mentioned
such a thing this morning" iii
protested. whatever led you
to think he believed On that7"
''The length Of his sermon,
she snapped.
q y q y
HI MAKES A DIFFERENCE
I was reading the reflections
OF q wise man the other day.
and / came across the statement
that the average woman has a
vocabulary Of only five hundred
words. I quoted it to my dad.
and asked him what he Thought
or the claim. Il
tits a small stock. he agreed
"But, my boy. Just think Of the Z
turnover"
n q n q
The other day q woman came :
into the store to buy some soif !
balls for her husband.
"what kind does ne 4fks. s
I asked her. f
From what rye seem. he 4
aossn't seem really 70 like any B
ug them, she laughed, psckfns q
~ q box ~ h&lln. rBnt BE maea
Ihaae."
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18

LANDOWNERS ROYALTIES COMPANY
BOX I22B. Crest Falls, AEoata@a.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
'THMET9TELL A HE s J
9%4Ar~ T5F4=7C2ZlWH,9HN

ers who formerly had been as
signed to gas motor coach on the
South Meridian street route had
been in the habit OF taking his bus
down short side street to make a
turn at the end of the line.
Recently, when transferred to
the trolley bus, he was given the
same route.
Everything went well until he
reached the end of the line. There
he forgot that his vehicle operated
not on gas, but on electric power
obtained through the trolley, and
so he turned down the side street
and you can imagine what hap
pened.
They tell me that it took the cop
on the corner and half the residents
of the area, including the children,
to push the trolley bus back on the
street where the wires are strung.
Then there is the yarn told about
recently appointed state official.
It seems that he went to his
father and said: Dad, I've decided
to apply for the post of -
His father looked at him a minute
and said: GO ahead. I guess you'll
get the job, because you certainly
didn't do anything in the election
to earn il"
The father knew his politics. His
son was appointed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
Idle T leS

A THOUGH conferences of the
IA supreme court are supposed to
be strictly secret, and a guard is
maintained constantly at the outer
door, yet sometimes an occurrence
behind the secret portals leaks out
to those not of the elect.
The other day when two new
judges, Michael Fansler of LoganS-
port and James P. Hughes OF
Greencastle attended their first
court conference, twenty-four
hours after assuming office, some
thing strange and untoward must
have occurred, for Judge F'ansler
left the chamber wearing an
alarmed and distraught expression.
All wondered what had occurred.
Finally. it was learned that Fansler
had become shocked because just
twenty-four hours after assuming
office, his colleague, Justice Hughes,
had presented a case opinion for
discussion by the court.
What ran through Mixes mind
probably was something like this:
Here Hughes has been on the
bench only one day and he has
written an opinion. What a pace
that man is going to set for me.
And as the paper was being read
and various abstruse points of law
were brought up for discussion,
Fansler's bewilderment increased.
He had to be up all night to get
this opinion ready" must have been
Fanslers thought.
And until he reads this, Judge
Fansler probably doesn't know that
the opinion was written by Chief
Justice Walter E. (PaD Treanor
and passed to Hughes as hoax on
the other new member.
So even the high court judges
must have their fun.
n
Operating the new trolley BUSES
isn't so easy, according to a story
going around town.
One Of the new trolley bus driv-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
PORKERS LOSE
GREATER PART
OF LATE GAINS
Prices Decline 10 to 20
Cents at City Yards;
Cattle Steady.

A good part Of the gains recently
made by hogs at the city yards were
lost Friday as demand les
sened. Most sales were 10 to 20
cents under Thursdays average. The
bulk, 12o to 300 pounds, sold for
s2.95 to $685.. Receipts were esti-
mated at 5000. Holdovers were 1874.
Hardly enough cattle were on
hand to test conditions. Prices we're
quotably steady. Receipts were 300.
Vealers were little changed at $3.50
down. Good and choice kinds sold
for Sc to $3.50. Calves receipts were
500.
Early trade in lambs was steady
around 1925 down. Some held
higher. Receipts we're 1000.
Trading on hogs at Chicago was
slow at a light scale, with few sales
of heavy weights from 30 pounds
down holding around 5 to 10 cents
higher than Thursdays average.
The bulk of 140 to 210 pounds, sold
from 1925 to $3.50. Receipts were
estimated at $4,000, including 1000
direct; holdovers 5000 Cattle re-
ceipts were. 1000; calves, 500; mar
ket strong. Sheep receipts num-
bered 10000; market strong.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07

| bany, Ross Troy .
err Upland; Miss Ada Goodwin,
Newcastle; Leighton Bowers, TT.
Wayne, and Donald Smith, Indian
apolis.
The posts of the above, in order
named, are as follows:
Endorsing clerk registry clerk,
file clerk, journal clerk, calendar
clerk and bookkeeper.
Assistant doorkeeper is Joseph
Curtis, Anderson.
Other patronage committeeman
are Senators Anderson Ketchum,.
Greensburg, and Fred Egan, Gary
Northumberland M. Clifford
Townsend is an ex-officio member.
The latter announced members
of the senate rules and joint rules
committees as follows:
Rules Senator Chester
A. Perkins Dem, South Bend,
chairman; Senators Walter S.
Chambers Dem, Newcastle), Rus
sell P. Kehoe Dem, Jeffersonville),
George Miller Dem, Logansport),
Ketchum and Will Brown (Rep.,
Hebron.). y
Joint rules committee Senators
Harold l.. Strickland Dem, Ham
mond), chairman; Chester K. Wat
son (Dem., Fl. Wayne) and Cham
bers.
Townsend himself is a member
of both committees.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
indianapolis Cash Grain

Jan. G.
The bids for car lots of grain at the call
Of the Indianapolis Board of Trade. f. o. b..
shipping point. basis 41l2c New York rate,
were:
red. $50 i0c; No. 2 hard. 41Q42c.
Corn-Strong: No. 3 white. l6dl7c; No.
4 white. 15q Ice No. 8 yellow, l6Ql7c:
No. yellow 15dl6c: No. mixed. $50
Ice: No. 4 mixed 14615c.
Oats-Strong; No. . white. 12l2613lzc;
No. white, 12G13c.
taking 23l2c or less rates to Cincinnati o.
Lcuisyille.) No. / timothy. S5.5od6; No.
? timothy. s5d $50.
Inspections
Corn-No. white. l car; No. 3 white
cars; No. 4 white. 8 cars: No. yellow
cars: No yellow. IL cars: No. 4 vel
low. IS cars: No yellow. cars; No. 4
mixed. cars Total. So cars.
Oats-No. ? white 4 cars; No. 5 white
1 cars Total. cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
BY BRUCE CATION

A PPARENTLY you still can find
L n adventure by joining the ma
rines. So, at any rate, I gather
from reading Of Land of
Checkerboard Families" by Arthur
j. BurkS.
Formerly a marine lieutenant,
Burks here tells what happened to
him during a tour Of duty in the
Dominican republic shortly after
the war, and to say that his life
there was adventurous is to put it
very mildly.
There was, to begin, a detail
which Lieutenant Burks led on a
map making assignment through
the Dominican jungles.
There was a desert where they got
lost and saved their lives by
stumbling on foul pool where hogs
were wallowing; there was a steam
ing night when they took refuge in
a deserted hut and learned, next
morning, that it was leper's home:
there was the time they crossed
quicksand and fought crocodiles.
There was, too baby burro
which they taught to sleep in a
hammock and eat beans out of a
mess kit.
It was when Lieutenant Burks
got assigned TO intelligence work,
though, that he really began to have
adventures.
He was trapped in a squalid sea-
port by bunch of bowling savages
who were just about TO skin him
alive when he saved himself by a
bit of leg work and a great break
of luck.
He was lured off into the jungle
at night and escaped falling into a
back-breaking trap by six inches.
He had, in short, enough thrills
and hair-raising experiences to last
any man a lifetime, and his book
is an entertaining discussion of
them which all armchair adventur-
ers ought to go for eagerly
Published by Coward-Mccann, 1t
sells for $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
iHaUre De Grace
SLaShes Purses

By Times Special
BALTIMORE, Md, Jan. Fol
lowing a special meeting of the
Maryland Jockey Club Thursday,
Havre de Grace officials were au-
thorized by the racing commission
to eliminate a $4,000 stake and re-
duce values of three others at their
spring meeting, which opens April
Is.
First move was to slice $4,000
from the .Preakness, but the latter
was abandoned when officials
learned the Kentucky Derby would
continue at $4,000.
The $4,000 Hartford handicap
for 3-year-olds and up, annual
opening day feature, was dropped
and $500 each sliced from the
Aberdeen and Chesapeake stakes
and the Philadelphia handicap
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
HEAVY BUYING
SENDS FUTURE
PRICES HIGHER
Commission House Demand
for May Wheat Aids
All Grains.
BY HAROLD E. RAINVILLE
United Press STAFF pendent

CHICAGO, Jan. persistent
commission house buying of May
ran wheat prices up more than a
cent on the Board Of Trade Friday.
The amendment to the domestic
allotment plan appeared to be the
chief factor but offerings were not
large and were readily absorbed.
The best prices were not held.
Corn followed wheat but was not
as active as recently. Oats and
rye were firmer but quite dull.
Wheat Closes Up
At the close wheat was IL to IA
cents higher, corn Is cent higher,
oats Y cent higher, rye Is to 2
cents higher and barley was u cent
higher. Provisions were firm in a
light trade.
The latest development in the al
lotment plan was the setting of an
arbitrary price for all wheat in
farmers hands at the end of the
present crop year. This, it was
thought, would mean a strong cash
market for the present and had the
immediate effect Of widening the
May-July spread
No expensive commitments are
being made, however, in view of the
unsettled economic situation. Liver
pool remained easy and closed I'M
changed to Il cent lower. Cash
prices were l cent to u cents high
er, with receipts 3 cars.
Corn Holds Steady
Corn held steady, unchanged to
Is cent higher at mid-session. The
action of wheat held the market
firm with the aid of the forecast
for a cold wave over part of the
belt. Cash circles were more active
with sales of $4,000 bushels and
bookings $4,000 bushels. Cash prices
were unchanged to Il cent higher.
Receipts were 100 cars.
Oats was steady at Il cent higher
early while rye gained z cent to
3 cent. The action of wheat was
the chief influence, as both pits
we're dull, with trade about at
standstill in oats. Cash oats was
unchanged to a cent higher. Re-
Ceipts were Is cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
SaraZGn liz
Coast Open
Gene Favored Over Classy
Field in $4,000
L. A. Event.
Jnitcd Prcss

BIZ THtcd PrcRs
WILTSHIRE COUNTRY CLUB,
LOS ANGELES, Jan. IA fair
share of the nations champion golf
ers was entered today in the first
round of the $1,000 Los Angeles
open, biggest Of Southern Califor-
MAS money tournaments.
Among the 1872 starters was Gene
Sarazen, American and British open
champion. who was the favorite
Approaching him in popular acclaim
was Macdonald Smith, tail and
canny defending champion, winner
OF the event in 1923, 1929 and 1892
Sarazen and Smith faced, among
others such threats as Craig Wood
Of Deal N. j., who won two Of the
three California events he entered
this year, the National Match play
at San Francisco and the Pasadena
Open
Archie Hambrick, dark horse"
from GAINESVILLE, o., and winner of
the recent amateur-pro tourney at
Santa Monica was another starter.
So were Mortie and DIN Dutra, Abe
and A. Espinosa, George Won Elm,
Leo Diegel, Fired Morrison, Dick
Metz, Horton Smith, Johnny Golden,
Charlie Seayen and Harry Cooper
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
Fishing the
Air

James G. Mcdonald, chairman OF the
Foreign Policy Association. will discuss the
central part of the program for the forth
coming international economic conference,
during broadcast Saturday at Gas p. m,
over WENR and an NBC network.
The traditional old Scotch "CharIie Is
MY Darling" strikes a contrasting note
to the solemn dignity of Wagner,
Gounod and Handel selections heard
during the Echoes of the Palisades pro-
gram Saturday at p. M, over WTAM
and an NBC network.
Jacques Fray and Mario Braggotti,
purveyors of unusual two-piano arrange
ments and also individually fine pianists.
viii offer another novelty during their re-
ci' / to be broadcast over WFBM and the
c lmbia network Saturday from to 715
I
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-07
Deaths

Charles Peters, 81. city hospital. acct
dental
Edward B. Gross. 81. s1s East New York.
cOronary occlusion.
William Raymond Van Wye IS 800 North
Richland, general tuberculosis
Christian c. Wetzei 81, North Colo
rado. chronic myocardtis.
Carrie Martin. 70, s32 Fulton. acute
dental
George A. Smith. "a. s21 North Belle
Wen. acute myocarditis.
Minnie M. Human, ST. 500 Euclid.
Earl Roy Pearcy 80 Long hospital nvo-
carditis.
Alice c. sterrett, rs, 45o1 sangster. cere-
bral hemorrhage
Jennie N. Bali. 81. iIo2 Newman, cere-
bral edema
Meekey Montgomery. 70. 1902 English.
arterioscleroisis
Barbara Jean Marshall. 2 Riley hospital.
influenza.
William Hollenbeck. 49, 1914 Hall place,
broncho pneumonia
Friedrich c. Beckman &C. SIS North Gem
trail Court paralysis.