davidaulloa/AmericanStories huggingface dataset:
, 1935-05-13
G ADVERTISEMENT

NOTICE Of MarShals Sale-United
States Of America. Southern Dis
trict of Texas, IS: Public notice is
hereby given, that by virtue Of a
writ CT Fieri Facias cor execution
dated May /. A. D. 1885, issued out
CT the District Court, Of the United
States, for the Southern District Of
Texas. on q judgment rendered in
said Court, on the 18th day OF De-
cember. A. d. 1888. in favor Of the
United States Of America, and
against Manuel Colsa, Teofilo
Crixell. ST., and Teofilo Cr1xell, Jr.,
I have. on this 4th day OF May, A.
u. 1885. levied upon the following
described real estate. situated in the
County Of Cameron and State Of
Texas. to-wit: All that certain lot.
piece or parcel CT land, situated in
the City Of Brownsville, Cameron
County, Texas. more particularly de-
scribed as follows: Lots Number
Seven CD and Eight 90 in block one
hundred two Q02) Of the City Of
Brownsville, as laid down en- q
certain map made by George Lyon.
Surveyor, and duly filed in the
Clerks office Of said County Of
Cameron, State Of Texas. on or about
the year 1850, being One Hundred
Q00) feet front on Adams Street,
and running back One Hundred
TuEenty d20) feet, between parallel
lines tc an alley in the rear divid-
ing said block for quantity. and that
I will, accordingly, offer said real
estate for sale. at public vendue to
the highest and best bidder, for
cash. on the Fourth day Of June.
A. D.. 1885. between the hours Of
ten O'Clock a. m. and four o'clock
D. m. at the Court House door Of
Cameron County. Texas. in Browns
Vile. Texas. Dated. Brownsville
Texas May 4, A. d. 1935.-M. F. Ham.
mond, u. S. Marshal, Southern Dis
trict Of Texas. by Duncan Wright,
Deputy 5-6-13-20-3t-4956
, 1935-05-13

SAN CARLOS Apartments - Bed
rooms and apartments: private or
connecting baths. ]. =. Dixon,
Mgr. Phone 1853. KS
, 1935-05-13

FANS-New fan stock for sale or
rent. Hargis Electric. 836 EHZ-
azeth, phone 923. J-64
, 1935-05-13

III you WANT 70 BUY. sell rent
OF exchange just phone The
Brownsville Herald Classified Ad
Department An experienced ad
taker viii gladly assist you.
, 1935-05-13

THE STATE OF TEXAS
COUNTY OF CAMERON
BY virtue Of Judgment rendered in
the 37th District Court Of BexaT Coun-
, 1935-05-13
REAL

REAL BARGAINS IN homes. farms.
ranches. city lots Twenty-six
years In Valley. Reliable service.
John Gregg. 752 Washington St.
Phone 1897. J-67
, 1935-05-13
Wanted To Rent

TO RENT within next
thirty days-Furnished home;
three bedrooms: well located with
all City conveniences. Box K-47,
Herald.
, 1935-05-13

FOR SALE-Large concrete mixer
complete with engine. Baden's
Sales Yard, Harlingen. K-4l
, 1935-05-13

McALLEN,
REYNOSA BUS
DAILY SCHEDULE
UNION BUS LINES

OG~1ON DUO
Fast bonded Buses. Leaving Har-
hngen $3.50 q m and 3 p. m daily.
Arrives San Antonio lis .. m and
9:45 p. m. San Antonio $3.50
u as S880-Abilene S8S5-Austin
$l0-Chicago $2l.40 = st. Louis
$3.50. Madison Hotel, phone 405,
Harrington; Miller hotel, Browns
vile; Corte Hotel. phone 70. Wes-
laco; McAllen, phone 30; San
Benito. phone ga; RaymondviIle.
phone q.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27
HAWLEY DEGREES
CONTINUED from Page Onel

consumption demand, and that nc
artificial factors should be allowed
to interfere with the normal rela-
tionship between crude oil prices
and the price OF refined products.
otherwise, profits merely will have
been given to one branch Of the
industry at the expense of another"
THE Committee expressed the be-
lief that practically every refin-
cry east Of the Rockies is operating
at a loss" Refinery loss on the to-
.al crude oil refined in the >.
in 1894. was estimated at between
$40, GOO, 900 and s1S0.00O,0OO-
DESPITE this gloomy picture the
Committee believes that the small
refiner who has been hardy enough
ia survive will continue in exist
ence. If GIVEN AN EVEN BREAK.
I'VE believe that, in Il fair race.
involving refining operations alone
and an paying the same price Tor
their sruSe oil. they would more
than lold their own in sompeH-
ton with the major companies,
the report added.
mo efficiency Of operation, how
ever can overcome the present
odds. the committee continued.
They cannot continue TO pay the
present posted crude oil prices and
continue to sell the gasoline in
competition with certain integrated
companies that have low-cost flush
production for which they are real
king, after conversion into gaso-
line, substantially less than posted
crude oil prices
The committee openly ccarged
that most of the larger oil com
panies were well aware" that
crude prices were too high. but NOT
BEING HURT THEMSELVES. these
companies were not inclined to cut
the price OF crude and risk the
chance OF administrative disfavor
as we'll as the possibility Of adverse
legislative penalties"
Attention was called 70 the
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

ser amount may prove to be cor
rect, win have been spread over
a period Of 20 years or more.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27
CHERRY RIDGE IS
BEING LEASED Up

Leasing is again in progress on
Cherry Ridge structure, northeast
of Havre and near the Canadian
American boundary, according to
word from Malta. Fred s. Francis,
well known Independent lease man,
is reported taking leases on both
Cherry Ridge and Cassidy struct-
ures. Years ago, Fred Ostland OF
Billings brought in a 100000
foot gasser on Cherry Ridge at
shallow depth. There was no mar
ket for the gas at the time and the
structure has been leased since
Ostland abandoned the operation.
He was looking for oil but did not
complete his test.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27
WE ARE SORRY BUT WE MUST
DECRY PRODUCING ROYALTIES


This week we received another let
ter from a Canadian oil operator who
has become royalty minded and
who is turning his attention 70 the
organisation Of royalty company:
"Our firm is organizing a Royalty
Trust Company dealing ID prod ing
royalties only, he writes. We have
already secured few Royalties in
Turner Valley and are interested In
the purchase Of further ones in the
Montan fields. he asked Us TO- Sc
cure Montana royalties PR0DUC-
ING royaIties- for him.
This organization has but ONE mis-
sion. That is to MAKE MONEY for
its members. Accordingly, we are not
strong advocates of the purchase Of
producing royalties ana we doubt
very much that our friends win get
commensurate returns from an invest
ment in producing royalties exclusive
~ and we so wrote him.
Frankly, we cannot zee why ANY
royalty investor would at this time
put his money into producing royal
ties when he can buy the current
royalties available in Gut Bank and
Kevin-Sunburst field that will make
from five TO twenty times as much
with no more risk than il the pro
perties were producing.
We did not point this emit to our
Canadian friend but we might have
asked him whether he saw the re-
cent paper on Turner Valley field
given by Jos. Irwin, petroleum geo
logist. We expect him to. read this
lesson in royalties and we ask our
friend to look up Mr.. Irwin q article
in the April IS issue of the Western
Examiner of Calgary. In this article
MIR. Irwin says: 80
Investigating the productive
ty of Turner Valley as to oil we
find that to January /, 1885,
Turner Valley has produced g.
003,717 barrels of naptha and
crude oil which, considering the
entire area of 1000 acres, is
only 735 barrels per acre. Because
of lack of uniform well spacing
the field is by no means uniform
ly drained, nevertheless such
drainage and oil recovery as has
occurred has required ten years.
,,Tnasmuch as the field is, ac-
cording to most estimates, pro
ducing from the latter half of
its estimated original gas reserve,
it is improbable, even with more
efficient methods of recovery, now
in use, that it will produce more
naptha in the future than it has
in the past This seems partiCu-
larly safe to say because as pres
sures are reduced the gas becomes
leaner. Ultimate recovery per
acre is, therefore, not likely TO
be more than 1900 barrels per
acre and this, or whatever les
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

ser amount may prove to be cor
rect, viii have been spread over
q period Of 20 years or more.
We ask our friends to again read
that last line. It estimates a recovery
of FIFTEEN HUNDRED BARRELS
PER ACRE. Now we ask that they
take their pencils in hand and figure
out the cost of their royalty, and see
what their profit will be. We have
no idea what royalties they own or
what they paid for them. We know
that no man has right to gamble
beyond the average PROBABLE re-
covery in the oil business. Figuring
that MIR. Irwin is conservative, the
investor may figure THREE THOU
SAND barrels per acre and still be
putting the value Of Turner Valley
royalties very low. Let Us figure it
out.
Naptha is worth $3.50 and crude
is worth $2.1S. Let us take $3.50 as
the average value per barrel of re-
covery. That means that q recovery
of 1000 barrels per acre is a cash
yield Of $3.50 per acre.
One per cent royalty on the aver
age acre will in the life Of the field
pay out one per cent Of $3.50 or
$3.50.
If our friends paid $3.50 percent
per acre, they win LOSE MONEY.
We have feeling that they DID
pay that much, for we have seen
quotations on Turner Valley royal
ties. In the EXCEPTIONAL cases,
they might make some money, on
one Of the big wells, which had no
nearby drainage.
When we stop to think that money
at so compounded DOUBLES itself
in eight years, we know that to wait
10 years means that our investment
is DOUBLED. So if we buy royal
ties on the AVERAGE acre in Turner
Valley for 1875 per cent per acre
and wait ten years to have that acre
produce $3.50, we have merely gotten
six per cent interest on our invest
ment.
We advised our Canadian friend
to give up the idea of buying pro-
ducing royalties. Fortunes are NOT
made in producing royalties. 1t is
possible to go into the Midcontinent
and buy royalties that are paving
FIFTY PER CENT PER ANNUM.
Why should anyone sell on any such
basis? There are lot of exceptions
to the rule, but ordinarily such roy
alties are offered for sale by a roy
atty trader. Supposing he bought the
ROYALTY on an expected recovery of
500 per cent per acre. When it has
produced that much, he figures that
it is on BORROWED TIME and will
turn it loose. Many times he will
turn it loose BEFORE that time. AS
a result the man who buys it is de
pendent on the EXCEPTION OF
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

the part OF the Big West is ak
pected 70 definitely foreatall any
further attempts to cut the price
az crude and Canadian and other
buyers who have been hofd4ng
back for expected lower prices are
expected to begin buying TO care
for their increased seasonal de-
mand.
Big West Is enabled to handle
1909 runs as q result OF increased
outlets together with the fact that
new equipment has Just been In
stalled which makes 1t possible to
put straight run gasoline-formerly
q drug on the market through
new stabilizers which reform the
gasoline to a so octane product
for which there Is ready market
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

IN THE DISTRICT COURT OF
THE EIGHTH JUDICIAL DIS
TRTCT or THE STATE OF NON
or CASCADE.
IN THE MATTER OF THE rs
TATE OF WILLIAM G. WOLTER, De
ceased.
Notice Of Publication Of Time APP
pointed for Proving win and Hear
Ing Of Application Admitting WIN 20
Probate and for Appointment Of AM
clIlary Administrator with WIN An
nexed.
Pursuant to an order issued out OF
23rd day Of April 1895. notice ie here
by given that Wednesday the 18th day
of May, 1885. at the hour OF 1000
O'Clock in the forenoon Of said day at
the courtrOOms in the courthouse in the
city Of Great Falls, Cascade County,
state OF Montana, has been appointed
as the time ss, and place for pSoynln,g, ,,. Of
the application to admit said WIN %
probate and for the appointments OF A.
V. Swanberg as ancillary administrator
with Win annexed, when and where any
person interested may appear and con-
file objections TO the appointment OF
said A. V. SwanberR as ancillary Ad-
ministtator with Win annexed Of the
said estate Of William c. WOlteF. de-
ceased.
dated this 23rd day Of April, 1885,
GEORGE HARPER
Clerk
j. e. HILGARD,
Deputy Clerk
II. NORSKOG.
Attorney for Administrator
Ford building
Great Falls. Montana.
COURT SEAL)
bate Of first publication, April q.
1870. SIX
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

YIELD PER ACRE rather than the
rule, if he is to make any money.
He may get his money back in two
years but how much MORE win he
make?
We advise the purchase Of SOME
producing royalties, to afford q good
ratio of return on the total investment
but 80 per cent Of the money invest
ed should 60 into royalties ahead Of
the drill IN PROVEN CROUN,n
where odds Of from 10 to 30 to 1 are
afforded TODAY. How long there
will be any such odds we do not
know, but right now there is a ire
mendous opportunity that makes any
producing royalties Of which we
know look like bad business.
Replying to our friends we pont-
ed out that the value of a royalty
depends upon the AMOUNT OF OIL
IN THE GROUND.
Instead of thinking of acres,
think of barrels Of oil we told
him. IF this oil were in thousand
barrel tanks above ground, in
stead Of in the ground we would
have no hesitancY about the has
is of purchase. If we knew that
a tank contained 1000 barrels
of oil worth 81 per barrel or
$1,000, we would know that 10
of that oil is worth $40. II we
could buy 1% of that oil for 81
knowing that the oil would have
to be released within five years
under terms of 5-year lease con-
tract, we would not hesitate about
buying it.
If. on the other hand there
were spigot on this same 1000
barrel tank and the oil was being
run out at a rate that we would
get back half Of our investment
in a year we would not think
of paving $11 for one percent of
the oil for we know that no mat
ter how fast the oil is run out of
the tank, ~ win yield ONLY
SO.
The whole country has been wrought
up by successes on royalties and there
is poDUlar demand for PRODUCING
royalties.
We have devoted years of our eff
forts to teaching our members that for
tunes are made in royalties in buying
AHEAD of development or on par
TALLY developed lands.
We are issuing plat this coming
week on tract that will be drilled
this year where there are odds of
better than 10 to 1. We know of no
producing royalty that can promise
a profit of 1,400 per cent on the in
vestment, yet we will submit to our
members that this property is about
as certain as if it were already in
production. Anyone who would like
to get the details Of this royalty can
do so by sending the attached coupon.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

fact that crude products during the
first fifteen months Of the Code,
exceeded the oil Administrator al
locations by 61,s2,OO0 barrels, OF
almost a months production.
This. and other factors in the
past II months, normally would
have caused a fluctuation of from
10 to zoe in crude price, it was
said. A"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

Confined from PaRe Gael
Crosby Dennis lease and the
operator is Peay OIL Co. Of
Billings. Officers ars r. q.
Huntington, Billings attor-
ney, jess Crosby, a. 81
Mortensen and w. @. Kirk
patrick. At last reports the
well was still flowing with
a head Of one million feet Of
gas and had filled three
500 barrel tanks.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27


third ssructmre gasoline. me
major companies whheh Aem0
IN setting the price fmamedi-
ately cut the price Of al ga@0-
line in the Great FAils terri
tory. First structure gasoline
dropped from 20k 20 2S5z
cents; second structure dropped
from 24M to 21zk cents and
third structure from 225k to
101k cents. As q result, GreRt
Falls people have been buying
the cheapest gasoline in local
history.
Big West, while not a party
to the price war, was forced to
reduce its prices, resulting In a cut
on its net-back to less than ac
tual cost OF production, it was ex-
planned.
Name Committee
Following the meeting. the pro-
iucers appointed a committee COM
posed Of r. L. Eddy, E. c. Cas-
,idy an dA. F. Mechanic to take the
matter up with the Petroleum Con-
,ervation Board with view to end
ng the gasoline war.
aIf would be cheaper for
everyone to raise a fund to
buy MP all this distress gasoline
and dump it In the river. If
necessary, one of the spOlres-
men commented. The market
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27
HAT COULEE

Of the pipe. An effort was made to
lar II MP into the pipe and the bail
was broken off. 1t was necessary to
pull the 24OO-foot string OF S-inch
pipe to extricate the bailer, causing
a two-day delay. 1t was deemed
better to pull the pipe than to at
tempt to driH up the bailer.
Jack Curtis, who drilled the dis
covery oil we'll on Flat Coulee, is
again in charge as head driller. A
quick completion is expected.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-04-27

ers agreed 60 throw an theiR
energy and, IL necessary. fhesr
finamrAal Fcsonrces into the
fight 70 end fhe price WAR.
Big West readily agreed that
the price OF si.s5 per barrel would
be posted effective April rs and
retroactive to April Is In the IN
terests Of the Montana oil industry
At large.
Was Lack Break
AS q result OF this move. the
producers selling TO the Big West
are the most fortunate group IN
Kelvin Sunburst since Big West has
agreed to take 1907 Of their runs
No other buyer in the field is tax
ing more than 60s5 This move on
The Washington times., 1935-11-04
CHINA AND GLASSWARE
BUYER

WANTED AT ONCE, INDIAN
CHIEF, SQUAW OR
BRAVE FOR SPECIAL DEM.
ONSTRATION. APPLY TO
MR.. WILEY, G. G. MURPHY
CO., 5 & 10c STORE.
The Washington times., 1935-11-04
STOCK MARKET
QUIET AND
STEADY

NEW YORK, Nov. 4 dN.s0.
Stocks Steadied today in the early
afternoon with trading quieter.
Several factors, including the
election tomorrow, the General
Motors meeting after the close TO-
day, and reports current that
steel prices for the first quarter
will be advanced induced traders
to close out accounts. These re-
ports are reflected in the higher
levels for the various steel stocks.
American Rolling Mill touched a
new high today.
A number Of stocks, like Crown
Cork & Seal, Hercules Motors,
Deere common and U. S. Gypsum
moved forward into new high
ground or else equalled its previ-
Gus high.
The noon rally was led by rails,
utilities and Steels the former
were bought on the belief that
their traffic would continue to
improve. Columbia gas which had
been a weak feature Of the utili-
ties recovered most of its loss as
shorts covered.
The Washington times., 1935-11-04
Legal Notices

COMMISSIONERS OF THE DISTRICT OF
Washington, October 20,
1885. NOTICE: A public hearing having
District of Columbia on September o, 1885
in the matter of closing certain streets
hereinafter described, and the said Commits
sioners being satisfied as to the equity.
Justice and advisability Of said closings.
and that said closings are in the public in
terests and not detrimental to the interests
OF abutting owners. notice is hereby given
the following order: Ordered: That pur-
suant to the provisions of Public Act No.
307. approved December 10. 1882. the
street area as shown in green on plat filed
in the office OF the surveyor OF the Dis
trict of Columbia. and numbered as Map
1919. is hereby ordered CLOSED. same to
take effect on and after November 80.
1885. the title to said land comprised in
said area 40 closed TO revert to the abut-
ting property owners, as shown on said map:
the said street areas hereby ordered closed be.
ing described as follows: Closing parts OF
30th Street and 30th Place. N. W.. south
of Garrison Street; closing part Of 31st
Street between Linnean Avenue and Gar
rison Street. N. w: closing 32nd Street
between Fessenden Street and Broad Branch
Road. N. w.; closing part OF 34th Street.
n. W., south of Broad Branch Terrace;
closing part of Linnean Avenue, N. W., ly-
ing northwest of Ellicott Street: closing
part of Fessenden Street, N. W., west of
32nd Street: CLOSING. Garrison Street be,
tween Both and Bend Streets. N. W; and
closing Broad Branch Terrace between
32Dd and 36th Streets. N. w, the plat to
be recorded providing for said street clos
ings showing also the dedication of GER
tain street area in lieu of the street area
closed. ANY and all parties interested must
file objections to said closings in writing
before the effective date of above order:
otherwise said order shall become effective
on November 30. 1885 as aforesaid. and
said street area shall on and. after said date
become closed in accordance with the pro-
Viat0na n aHf e
GEORGE E. ALLEN, DAN I. SULTAN.
Commissioners D. c.
The Washington times., 1935-11-04
WHEAT PRICES
RULE LOWER

CHICAGO, Nov. 4 Q.N.SO.
Wheat prices ruled moderately
lower on the board Of trade to-
day, the market being influenced
by a decline at Winnipeg.
Trading was slow and while
pressure was not particularly pro-
nounced demand was indifferent.
May wheat here dropped Ac to
97Ac before meeting with sup
port.
Near mid-session wheat was
Sto 34c off, corn "a to Zee up,
oats unchanged to 14c higher and
rye Ac higher to 12c lower.
The Washington times., 1935-11-04
u. S. Bonds
Money Markets

NEW YORK. Nov. S S.).-Call
money rates were renewed at Y of l per
cent on the stock Exchange today and
at " per cent on the Curb Exchange.
outside rates were also unchanged at
the recently advanced rate of y OF l
per cent.
OF per cent on maturties up to
months.
Commercial paper continued active
with rates unchanged at Y Of ! per
cent.
Bankers acceptance rates were. NOM
inal and unchanged at Il to n per
cent for 80. 50 and 90 days, Il to 4
per cent for 12O days and 3 to II
per cent for 15O and 1s0 days.
The Washington times., 1935-11-04

good little grand at
We have probably
IT.: a late model
md in perfect con.
only S170. An
guaranteed. Pay
} G st. NAT. 1880.
The Washington times., 1935-11-04

SEALED PROPOSALS will be received by
the Purchase Section, National Bureau
of Standards, Washington, D. c.. until 2
p. M, November IL, 1895, and then pub
new freight elevator in the Hydraulic Lab
oratory. Specifications and blueprints may
be obtained at the Purchase Section, Ma
tional Bureau of Standards.
The Washington times., 1935-11-04
Really Bond Values
Double Year S Low

Marking the first time since
1888 for realty bond values to in
crease more than 100 per cent
from their low points at the be-
ginning of that year. the Amo1t
Baker Realty Bond Price averages
attained new high point of 376
at the beginning Of November Of
this year.
The Washington times., 1935-11-04
CLASSIFIED SERVICE
The Bargain Mart
WsshinstOn's Newspaper Bargain Store
HRddiO Service

HAVE. YOUR ROOFING, siding or cutters
applied by a reputable estab. Wash,
ALLIED ROOFING co.
a12 New York Ave. n. W. MAI. 1924
The Washington times., 1935-11-04

Advertisements under this heading are
presumed to be from private individuals,
unless the advertisement gives firm
name or q business address or states the
word "Dealer" Memb bers of the public
who find dealers advertising In this
column as private individuals are urged
to report the matter to The Times for
investigation.
The Washington times., 1935-11-04
Bids and Proposals

Procurement Division. Public Works
Branch, Washington, D. c., Oct. 90.
1936.-Sealed bids, in duplicate, will be
publicly opened in this office at 10 A. M,
Nov. IL, 1885, for furnishing all labor
and materials and performing all work for
seeding and planting the grounds Of the
extensible Bldg, U. S. Dept. of Agri.,
Washington. D. C. Drawings and speciti-
cations, not exceeding one set, may be
obtained at this office in the discretion
of the Assistant Director Of Procurement.
Public Works Branch. W. E. Reynolds,
Assistant Director of Procurement, Public
Works Branch.
The Washington times., 1935-11-04
Photo Finishing
Pianos

WE finish any or exposure roll film
for 25c. Graphic Photo Service. P. o,
Box 4545. Wash. D. C.