davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07
CALL FOR BIDS ON STATE OIL
AND GAS LEASES. JULY
n, 1884.

Notice is hereby given that the
State Board OF Land Commits
sioners of the State Of Montana
will receive bids at open COM
petitive bidding at it's usual
meeting place in the state Capt.
toll ct 400 o'clock, p. NJ,
Wednesday, July IL, 1884. for
oil and gas leases on the follow
ing described state lands:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07
Pef2drOy Farmers May Soon Be
MADE RICH OVER NIGHT"

We hear much about men made "rich over
night IN the oil industry It is the ONE indus
try that makes riches over night 1t takes just
ONE producing well to mean millions of dollars,
if that well is in a new field or in new territory.
The men who are made rich over night are,
for the most part, owners of farms on oil fields.
Frequently the land owner is a dry land farmer
who has been fighting for years against drouth
gTasshoppers, hot winds and rust An oil well
comes in on his place One average Cut Bank
well means an income of from $40 to SIS a
day for him. If it is BIG wel it may mean
500 day for him. That is not much but it
means WEALTH to us people here in Mon
tana automobiles, travels llixuries A million dol
lars year, average, has been paid to royalty
owners in Montana during the commercial de-
velopment of oil
An investor who shares the risk and future
reward Of farmer shares that farmers roy
atty income in all the years to come. To the IN
weston it means SHARING wealth, when the
wells come in. To the landowner, it is his ONE
chance. If he gets production on his farm, he
may be rich. If there is no oil under his land,
that is his last hope for chances are, he will not
be able to buy share of more fortunate per-
sons royalty.
The investor, however, takes advantage of
the LAW OF AVERAGES. He buys part of
the royalty of not one bat SEVERAL land
owners If one farm is oil and two others are
not, the investor is still far ahead
Yet we have heard investors say: II once
bought royalty and never got anything out
of it"
Investigation usually proves that the ONE
royalty purchased was wildcat royalty.
The risk of wildcat is usually 10 to /. Nine
chances out of ten wildcat well win fail to find
oil. The ratio is not that high in Northern Mon
tana, however it is a safe average to follow.
The ratio Of success of wildcat the odds of
the winnings 100 to l. We always buy wild
cat royalties on basis that affords such odds
ELSE we do not buy.
When we buy royalties on PROVEN
GROUND, we are contest to take lesser odds,
When we buy royalties on PRODUCING prop
critics, we take still lesser odds
We determine the odds by the amount Of oil
that a structure May produce We know how
much oil the average acre in the average field
in the United States HAS produced. We know
how much the yield per acre may be expected
NOTICE TO MEMBERS: We win ISIS
PENDROY test To win 90 to all owner
r.<~,I ~ ~ o4Lo,u~ wxvEao reo~x7nc4 ~ TTco RI
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07
SOUTHEAST

tLontinued nom Fake ONeJ
after landing the casing, the crew
brought up q sandy lime, very
hard, which is expected to form
"a cRprock for the pay" about
10 feet below. Drilling was TO
resume today. If the shut-Off
held.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07

to be-as a minimum-for any given area in
Montana, because we know the history of devel-
oped fields. We know also, that if field is
developed on commercial basis that we are
going to make money on our royalty investments
if the operator does no more than BREAK
EVEN. Those are factors which every royalty
investor MUST understand, if he is to sue
ceed
We are this week watching Pendroy field
where well is to complete within few days
We have purchased royalty on farms operated
by FOUR different operators. We have bought
royalty on what we know to be the best leases
in the field, if the Radigan well now drilling is
commercial There were two alternative wellsites
chosen. We have royalty on the No. | wellsite.
We have royalty under the best leases of the
Standard of California
If Pendroy is an oil field, members Of our
organization have FORTUNE in the royalties
which they now own-purchased on a wildcat
basis which affords the greatest odds that the
oil industry affords. These investors took chanc
eS we figure, of five to one that they viii lose.
They accepted the chance to win at least 100
to | if the well comes in like the average of
Pondera oil field, six miles away.
On the other hand, if Pendroy fails to pro-
duce, all these people have an investment of at
least three dollars in PROVEN GROUND or
PRODUCING royalties to every dollar they
invested in Pendroy We try to maintain that
ratio. We advise against any member gambling
entirely on wildcats We insist on a balance
where the failure Of wildcat will be many times
offset by his other royalties. However, we do
ike the occasional speculative spice of a good
wildcat such as Pendroy to provide the wealth
over night" factor afforded by the oil industry
The wildcat may be a short cut to wealth,
but it is not to be recommended as the method
10 wealth through royalty investments. The inn
portant success in royalties whom we have OBJ
served are those who have been conservative in
their investments removing the element Of risk
by following the law Of averages which may be
slow but which does not fail However, this
means to KEEP GOING, inteIIigently, if one
is to succeed We expect Pendroy to BE- an oil
field. However, IF not, then any one Of our
Cut Bank royalties viii offset our Pendroy
loss, many times over Yet Rendroy offers that
chance Of RICH OVER NIGHT in the not dis
tant future.
a bulletin on the completion Of the
royalty on Pendroy field We win
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07
WELLS RBC0NDTTIONED

WELLS REC0NDTTTONED
Well No. 9S, Section 1, Town
shin 2 North. Range SO East.
Gas Development Company, Own
or.
Well No. %, Section 1, Town
ship z NORTH. Range So East.
Gas Deyelopmen& Company. Own
er.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07

An irats tan wAo had wnfched
his home baseball team 60 down
in defeat. stopped the umpire as
he was leaving the field.
where's yOnr dogf' he com
manded.
"Dog?" calculated the umpire.
81 have no dog"
well" said the gFouchy
one, you're the first blind man
/ ever saw WHO didn't have
deg"
q u q q
THE OPPORTUEEsT
Two Sc0tchmen met on the
street. The one recognised that
the other was drunk, 20 he hand
ed him 9 dollar bill and said,
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07

M M g
NWKNWK 9 Ism wv geo
NWA SO 33N 5W 100
The BOARD reserves the right
to reject any or all bids.
Fer further information apply
TO /. N. BRANDJORD,
Secretary, State Board Of
Land Commissioners
Helena, Montana.
First Publication June 30
Second Publication July Z.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1934-07-07
FROM RECORDS

iContinuad from Pare onel
2 West, Texas Pacific Coal & Oil
company.
The Washington times., 1934-04-07
Warm Days Bring Out
Spring Cleaning Ideas

The warm spring days bring to
mind for many housewives the
task Of spring cleaning with
thoughts of freshening rugs and
draperies, changing interior fur
nishings and checking over the
cellar and attic for the removal
of stored-away articles which no
longer serve a useful purpose.
Spring cleaning is an energetic
task often faced with reluctance
but something that must be done.
Many Washington home owners
are making this spring cleaning
very thorough.
The Washington Gas Light
Company has provided a very
helpful service for home owners
at this spring season by enabling
them to obtain a checkup on the
heating efficiency of their. homes
without obligation and learn the
benefits of a modern automatic
gas heating plant. A corps of
specially trained men is available
to make a complete study of the
home from basement to roof to
determine heat losses. These sur
veys take into consideration the
condition Of the heating plant,
insulation Of pipes, radiator ca
The Washington times., 1934-04-07

HERE is of the first completed of the extensive
building operations of the North Washington Realty
Company in Slgo Nd These homes reached by
driving out Colesville Pike to the Toll House Tavern,
turning right going block.
The Washington times., 1934-04-07
FIRM BUILDS IS
NEW HOMES

Sales of homes in Belle Haven,
Alexandria, Virginia, prove that
there is still plenty of money in
circulation with which to buy any,
thing that appeals to the taste
and judgment of the purchaser.
Three more homes are being
started this week by Joseph K.
Seidel, developer of this beautiful
subdivision, and within the next
few weeks ground will be broken
for is more houses. The three
now in construction have been
sold, as have all the Seidel-built
homes in this section, before con-
struction could be completed. Sev-
eral have been sold from the blue
prints, before excavation for the
basement was started.
The Washington times., 1934-04-07
RISING PRICES
SLOWING UP
BUILDING
Revival of Construction De-
CIared Essential to Con-
tinued Recovery

Declaring there can be no full
recovery of general business so
long as the construction industry
lags, George H. Gray. Of New
Haven, Conn, director of the New
England division of the American
Institute of Architects, warns
that a rise in prices for materials
may create uncertainty among
owners and defer revival.
Mr.. Gray opposes the campaign
to populariZe prefabricated build
ings, asserting that they do little
to furnish employment and are
not capital investments. He points
out that 30 per cent of the cost
of we'll constructed home goes
for labor.
Houses ShOrt.Lived
Prefabricated houses, often sold
on the installment plan, last only
five or 10 years before being cast
into the automobile graveyard, 3"
he says. Abuse of installment
buying, he adds, did much to
bring about the depression, and
should be guarded against in The
future. He added:
"The professional financial
fOrecasters seem to be unani-
nous in the opinion that build.
ing recovery is essential to a
substantial further rise from
this depression. This applies
particularly in the field of indi-
vidual homes. The history of
previous depressiOns clearly
points to the revival of building
as the backlog of recovery, and
with reason.
STABILITY NEEDED
Buildings represent capital
investments and people still
will not invest their capital in
new ventures until they feel 4
reasonable confidence in the
stability of the economics of
the situation, nor will they in
vest except at what they con-
slider satisfactory price levels.
The Washington times., 1934-04-07

pacity, materials and type CT
construction of the basement
floor, walls and roof, glass area,
and infiltration due to exposure
and the type of dwelling. In each
step of this survey the heat loss
per square foot in British thermal
units is determined and the total
number of BTU's represents the
heat loss of the home. This loss
checked against the temperatures
for a normal year (the average
of 81 years of Washington
weather from October through
ApriD determines the total heat
loss during the heating season
and is the basis for computing
the amount Of gas necessary to
maintain a temperature Of 10
degrees with an automatic gas
heating plant.
The Washington times., 1934-04-07

The North Washington Realty
Company announce an extensive
home building operation in Sligo
Park, Md. The homes are to be Of
varied construction both in bunga.
low and larger design. The first of
this new group is located on
Dale Drive just south Of the Toll
House Tavern. They are located
on spacious lots, well Handicapped
with beautiful shrubbery and
lawns.
This location is extremely &C
cessible, being just off a high
speed boulevard where the express
motor buses run to Eighth and
Pennsylvania Avenue. There are
acres and acres Of play space for
the children, safe wading pools,
The Washington times., 1934-04-07
New North Washington
Community Started

tennis and baseball grounds. The
choice of the county's country
clubs with their extensive golf
links are nearby. A new $3.50, 20
high school will soon be part Of
the community. The first of these
new homes is open today on Dale
Drive just off Colesville Pike
where the Toll House Tavern is
located, and the public is cordially
invited to inspect the home and
the community.
The Washington times., 1934-04-07
HIGHWAY PROGRAM TO SPEED SUBURBAN LOPNEN7
5-YeGr Guarantee
For RefrigerGtOrS

C. L. McCrea, manager of elec'
trical appliances for the National
Electrical Supply Company. an
nounces that the General Electric
Company is now offering a five
year guarantee on its Monitor-top
refrigerators. four years longer
than the standard one-year war;
ranty, for a nominal charge, pro-
tectirg the user against any fall
ure on the part Of the Sealed-in
mechanism.
The Washington times., 1934-04-07
CALVERT SPAN
FIRST MAJOR
PROJECT
Elaborate Improvements Will
Cut Time Between Suburbs
and Business Area

Replacement of the obsolete
and dangerous Calvert Street
Bridge by the new structure
shown herewith will be the first
major step in the six-year pro-
gram Of highway Improvement in
augurated by the director of high
ways to relieve the traffic con.
gestion in the downtown areas,
by encouraging less restricted
use Of the important crosstown
arterial streets.
Repeated traffic surveys have
shown that the limited load
carrying capacity of the old
structure, together with the SLOW
ing up of lighter traffic by the
single lanes on each side Of the
cars, has forced a dispropor.
tionate load in3o the vicinity Of
Eighteenth Street and Columbia
Road and on to the streets in
the U Street area, greatly i'm
peding the movement of north
and south bound cars during the
rush hours.
Capacity To Be TripIed
The new bridge will provide
two full lanes of traffic on each
side Of the car tracks, giving it
triple the Car capacity of the
present structure, and removing
restrictions on the size of truck
loads that may be transported
over the span. Not only is this in
creased capacity expected to pro-
vide relief from traffic congestion,
but it will also allow a decided re-
duction Of delivery costs by reduc-
ing the mileage which heavy
trucks must now travel to make
deliveries in the Northwest Sec
ton.
Tentative plans have been
drawn for the provision of a SINH
lar crossing on the high level at
UpShur Street as a means of Sc
curing better distribution of the
rush hour traffic over north and
south streets that are now gen
orally used.
In addition to the construction
Of new bridges, the six-year pro-
gram Of the highway director pro-
vides for still further relief of the
congested downtown area. Arterial
north and south streets, including
Tenth, Eleventh, Twelfth, Thir.
teenth, Fifteenth and Seventeenth,
and such east and west arteries
as M and Streets are to be wild
ened through the congested area
to increase their capacity three
or four times.
Streets OutgrOwn
The office of the director of
highways points out that these
streets, which were ample to carry
all traffic when most of the city
lived inside the Florida Avenue
boundary and when only few
families kept horses and carriages,
are now totally inadequate. The
extension of WaShington's Subur-
ban area to include 10000 people,
a large percentage of whom work
in Washington or make the city
their trading center, complicates
still further the problem of max
ing streets designed for horses
carry the load of present traffic.
This flood of cars, converging
into the bottle-neck of the con-
gested area in the morning and
trying, in the evening, to escape
through the same CONSTRUCTED
bottle-necA is the cause of condi-
tionS as they now exist, conditions
that make it a longer drive, in
point of elapsed time, from Penn
Sylvania Avenue to Park Road,
than it is from Park Road to Sill
yer Spring. At present the prob
lem is still more complicated by
the driving habits of the city, it's
motorists concentrating into a few
streets during the rush hours and
leaving others comparatively un-
used.
The Washington times., 1934-04-07
SCHOOL PLAN DELAYED

Legal complications have arisen
that will delay acquisition of the
Klotz Silk Mill at wilkes and Pitt
Streets in Alexandria for use as
a colored school, City Attorney
Carl Budwesky has advised the
city council. Condemnation pro-
ceedings may be necessary.
The Washington times., 1934-04-07

Rooms some with privilege OF
eating at the family table can De
the WANT AD SECTION Of this news
paper.
, 1934-11-25
Lions to Put
Equipment On
Fairgrounds

SAN BENITO. Nov. 24-The Lions
club planned at It's meeting this week
TO look into the matter Of provid-
ing playground equipmnet for the
ward schools. Pres. w. n. Brown
named G. L. Jones chairman OF a
committee further composed of
Kenneth lake. Bob Collins and
Nicely New q j to look into the mat
ter. The ~lub several years ago
provided playground equipment for
Landrum Park.
Brown also named Joe Taylor to
capture a speedy terrapin to repre-
sent the club in the races at Yves
LAGOS birthday celebration next
month.
Mgr. L. . Boiling Of the Mercedes
Chamber OF Commerce urged at
tendance at a meeting OF the build
ing trade to be addressed Nov. % IN
the Mercedes High school auditor
ium by r. A. Tuss OF the federal
housing administration. There will
be no clus meeting next Friday.
The club dined this week on ducks
shot by members.
James Dodson sang several num-
bers accompanied by Miss Marcia
Pruett.
Woodrow Wilson had DR.. o. r.
Kraham and James Taylor as his
guests. Leland Parsons had Orville
Andrews and Charles Allison had
Don Doe de Jon.
, 1934-11-25

SAN BENITO. Nov. 40. w
Singer and James w. Wilson,
son. OF Brownsville, bidding pointly
we're low bidders on 100000 cubic
yards OF excavation work to be done
at the Resaca Rancho Vieio flood
way inlet just above Brownsville.
The bid. opened by the ~Interna-
tional Boundary commission was,
S13.956.80. Joe G.. Ballenger of San
Benito bid s18.191 and Dodds a.
Wedegartner. san Benito. S19.903.
Ballenger was sole bidder on 81
0o0 yards Of earthwork on the river
levees near Progreso with an offer
OF S3,O87.
Bids will be opened Nov. 26 on
l07 acres Of clearing and grubbing
In the North Floodway north Of
Mercedes and on Dec. 4 on 622
acres Of blowing in the main flood
way south of Weslaco.
, 1934-11-25
Salvation Army Is
Aided BY Kiwanis

HARLINGEN. Nov. 14.-Thc Lions
club named a committee or six at
this weeks meeting at the Madison
Hotel I'd assist the Salvation Army
In It's drive next month. Polk Horn
aday Is chairman. Other members:
Henry Converse. III. B. Hicks. WI
Liam Penry, Russell Hlchcy and
Quanah Alsup.
4. Richard Criss told the purpose
, 1934-11-25
JAPAN WARNS
TO SCRAP "
NAVAL TREATY

PHILADELPHIA. Nov. 24-E9-A
flat declaration OF intention TO ter
inmate the tri-power naval treaty
signed at washington in 1922 was
Japan's answer Saturday to an
Anglo-AmeTican warning that the
two English speaking nations viii act
jointly In any situation arising from
japanese scrapping Of the pact.
The treaty'S doom was predicted
by Hirosi Saito. Japanese ambassa-
dor to the United States. less than
"a hours after the governments Of
this country and Britain announced
an accord supporting the present
5-5-3 naval ratio.
Japan Is going 10. give notice OF
her intention 10 terminate the
Washington treaty Of 1922 the
ambassador declared friday night In
an address before the American
Academy Of Political and Social
Sciences.
This viii be done degardless OF
the developments at the preliminary
conference at London.
Attacking the ratio system as "in-
appropriate" Saito said his country
wants q new formula Of limitation"
based on two major points: first.
parity among the three powers and,
second drastic reductions
The Japanese. he continued, are
willing to cut their navy to half its
present size If England and the
United States vii lscale down their
sea-going ornaments to an equal
point.
Japan is earnestly interested In
the diminution Of the navies. so that
the chance Of war should be reduced
and the financial burdens upon the
people should Be lessened." Saitoi
added.
, 1934-11-25

"Inasmuch as the place isn't
worth near what It was when he
made his original $4,000 mortgage.
why it's a fair loan under present
circumstances.
"Everybody's better off, and when
you multiply that kind OF debt re-
ductlOn by d million. or several
millions. you're really accomplishing
something toward getting out from
under the load Of debt"
How about the building and
loan associations?" asked John, Jr.
Are they doing anything to keep
new construction going?'
And how they are?" Pa Jones
answered. You know how badly
peoples faith in building and loan
associations was shaken a couple
Of years ago when they began fold
ing I'D even before the banks did.
Well. the governments just start
ing IN on a program something like
the guarantee Of bank deposits.
Its going TO insure depositors
In about 1900 building and loan
institutions. II that many can come
up to requirements. Maybe only
half OF them can make the grade
right away. but IN all 1900 al
be included. that1l mean another
eight billion in stock and deposits
which the governments back OF.
The Federal Savings and Loan
Association has already chartered
, 1934-11-25
Rev. Richey Here
For Short Revival

Rev. Z. N. dad Richey. pastor
Of the Houston Evangelistic Temple.
Houston. will arrive in Brownsville
Sunday to conduct a three-day re-
vtval meeting at the new Assembly
Of God Church on West Levee and
Second streets. Three services will
be held Sunday at II a. m. 2:30 p.
IT. and 1880 d. m. The services
Monday and Tuesday night will
begin at 7.30 O'Clock.
Rev. Richey Will speak Oh the
subject The Second Coming Of
Christ His messages on full-Gos-
pei themes are inspiring and inter-
.eSting. according to announcement
y The new Assembly Of God church
will be dedicated by Rev. Richey at
the night service Sunday.
, 1934-11-25
MISCELLANEOUS DATA
SUMMARY
WEATHER

Barometric pressure had fallen
over the Rocky Mountain region
with center Of disturbance yer
southern Colorado and New Mex
leo Saturday morning, and the
crest of the 'high" over the Great
Lakes and the Ohio Valley. Gen.
orally fair weather prevailed over
most OF the country Saturday
morning. except for rains in the
Atlantic coast states and IN the
far western states during the last
"A hours. Temperatures have mod
Grated more or less from the Rocky
Mountain region to the MiSsissip-
pi valley since Friday morning. but
fell over the eastern states In con-
nection with the eastward move
ment Of the high pressure area.
Light frost was reported again
from San Antonio, Austin. and
Houston. Texas. Friday night.
Brownsville 8 a. m. est sea
level pressure 30O8 inches.
, 1934-11-25
and the Joneses

~Huhl III gets everybody dizzy"
grunted IN Jones. We used tO
talk Of government ownership in
this country. but nobody ever
thought it'd come about by the gov
eminent forecl0sing the first mort
gagel"
, 1934-11-25

The J0neses have turned To fig
uring out the New Deal in their
own way. despairing Of ever un-
derstanding 1t as presented In the
complicated explanations or the
experts. Talking 1t over al the
supper table and in their living
room In the evening, they're
rapidly getting a clear idea of
what it's all about. as this article,
sixth in the series. shows.