davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-05-18
Backlogs Shrink
As Buying Drops
At Steel Plants
~ the Associated Press.

CLEVELAND, Ohio, May 1s.-Daily
Metal Trade today says:
Backlogs In most finished steel prod
ucts are beginning to shrink as new
buying Is not developing in sufficient
volume to Offset shipments.
Pressure from consumers for ton
mage has eased noticeably since the
reaf1irmation Of prices for third quar-
ter though IN the nat rolled products
specifications appear to be coming in
at about the same rate as formerly.
Semi finished departments also have
experienced little slackening. Threat
ened labor trouble at independent steel
plants may serve to spur specifying In
some directions with consumers seek
ing to build inventories against pos
sible Interruptions to mill shipments.
Evening star., 1937-05-18
DIVIDENDS ANNOUNCED

NEW YORK. May lS.-Dividends de-
elared (prepared by the Standard Statistics
Corp.
Evening star., 1937-05-18
NEW YORK SUGAR.

NEW YORK May 1s UP.-Raw sugar
vas uncha nged early today at 3.3s for
spots. The undertone was easier but no
sales were reported. as buyers failed to
show interest above 335
Futures were quiet and prices were
lliahtly easier under liquidation and com
disappointing showing Of the London mar
ket after the holiday and the more lib
eral offerings Of spot
July No. 4 declined from 1.14E to IA
And September from is to II and were
around the lows at midday, or IA points
net lower. with September 247 and March
Refined was unchanged at 4sO for fine
frAnulated. but demand was light with
the trade stil1 awaiting developments at
washington on sugar legislation.
Evening star., 1937-05-18
10 Low-YieId Bonds
BY the Associated Press.


NEW YORK, May 1s.-Corporate
and United States Government loan,
were mixed in moderate trading today
Gains Of fractions to a point or SC
were scored by Santa Fe Is, Great
Northern 4l2s, Illinois Central 434s
Loews 3l2s, Western Union SIS and
Pure Oil 4As with warrants. NIX
T. SIS were up about on limited turn
over.
Down fractions to about a point
were Chesapeake Corp. SIS. Consoli-
dated Edison 3i4s. Southern Railway
Is, U. S. Rubber SIS and Youngstown
Sheet & Tube 31as
In the U. S. Government division
moderate gains by Treasury IS OF
1855, the 3lss Of 1949 and the 314s
OF l94l contrasted with small losses in
the 234s Of 1851. the 2las and the Ass
Evening star., 1937-05-18
REGISTRATION STATEMENTS
By the Associated Pres

Registration statements for proposed
new securities filed today with the Securi.
ties Commission included
eta, Ohio, S66O,OOO OF 81 par common
stock, for debt retirement, machinery and
working capital. Underwater. Leach
Bros, Inc.
Fast Bearing Co., Baltimore. S125,OOO
Of 500 par common stock, for loan re-
payments and working capital. No un-
derwriter.
Rice Ranch Oil Co.. Los Angeles, $780,
600 OF warrants for 81 par common
stock. for debt retirement equipment
and development. No underwater.
Evening star., 1937-05-18
FREIGHT LOADINGS.

NEW YORK. May 1s (1.-Revsnue
freight carloadinRs on railroads reporting
today for the week ended May 15 included:
Week Previous Year
Evening star., 1937-05-18
NEW YORK BANK STOCKS

NEW YORK. May 1S lP.-New York
security Dealers Association:
(QuotatiOnS az of 2 o'clnck)
Evening star., 1937-05-18
q. S. TREASURY POSITION.
\, the Associated Press

The position Of the Treasury May 49,:
Receipts. ~ .266. .5q6.7s: expenditures,
Sl4,b33, 204.30 balance. &1.739.464.-
90l.4s: customs receipts for the month,
S24,665. .Oss.l9.
sGf M sea. ysaa ss
beq. .6s1 1881. including S2,4S7 $751;
4e0.b4 Of emersency expenditures: excess
debt. .S35. .O96. "a. .984. .66, an increase Of
S657,470.l5 over the previous day;
ssosn ssold sSsets ass sIlse2 ll3 ,2s2: 81 including
Evening star., 1937-05-18
MONEY MARKET.

NEW YORK May 1s R.-Call money
steady: l per cent all day. Prime CONNER
ctal paper. l per cent Time loans steady:
5000 days IA: 4.6 months. Ia per cent.
Banker1 acceptances unchanged. Redis-
count rate. New York Reserve Bank. IN
per cent.
La gaceta., 1937-06-07

EOS, les dijo: Vamos a tener una
rep1biiea militar, pero La Wo =
narquia no sera restaurada. u
ma vez que tomemos a Madrid
estableceremos I'm directorio mi
litar consistente de un general
~presidente y otros cinco genera
les"
Mela sc habia propuesto to :
mar a Madrid siguiendo la tao
tica del duque de Wellington, en-
la era Napole6nica pero todos
sus esfuerzos fracasaron. En- a.
bril- de 1881, a los pocos dfas de
fundada la Rep1blica, los peri6
dicos de Madrid dijeron de el
que era ell hombre mas odiado
de Espafa. Era native de Pla-
cetas, provincial de Santa Cha :
ra, Cuba, donde naciera el 8 de
julio de 1887. Su padre era off
cial de la guardia civil. Mand6
tropas en- Marruecos, EN- 1921
y 1924. ...-..
Ell gobierno republican, cleo
to en- febrsro lie hubo de relegar
al area de Pamplona.
La gaceta., 1937-06-07

Madrid, JUNO 7.-LanzandC
Isu sexto contraataque en- ell Sec
tor de Lemona los vascos recap
turaron la pena y con ella una
pequena cadena de montanas al
sur de Bilbao. La guardia de a.
vance ahora persigue a los in
surgentes en- la direction de A.
morabieta.
Esta victoria vasca es de con-
siderable importancia, porQue Ii
guido los efectos de la peligro-
ga cufa que los vascos haIbian
metido en- la Inca leal al sur, en-
ire Bedia y Amorabieta, para
Iimpiar la esquina suroeste del
cruce de caminos de Lemona.
Aver los facciosoS atacaron
en- Lemona, mas fueron recha :
zados con grandes bajas. Las CO
lumnas vascas que mantienen el
peso de la batalla en- ese sector
estan mandates por ell conan
dante Crist6bal, uno de los off
| ciales vascos de mayor habii :
dad.
Otra columna vasca efectu6
una acci6n de ofensiva desde la
montana de La Cruz entire Lee
mona Y Larrabezue.
La Inca central de los leales
CORE ahora desde Monte Bizcak'
gui, al sur, a traves de San Pc
dro y Arazosa, y la carretera LIE
mona-Amorabieta que conduce
a las colinas que flanquean ell ca
mino Lemona-Yurre. La artille-
ria vascas bombardea las posi- :
La gaceta., 1937-06-07

Aciones encmigas en- Monte pa :
sgotxeta, ell mas alto pico de esas
colinas.
| I'm prisioDero de 18 amos,
%miembro de auetes, habl3
francamenAy dE 1;. &
las tropas sector .e-
cen a los y que los
moros operan en. u sur; todoS
los italianos han sido cohcentra-
dos en- la costa y sectores de
Munguia.
Preguntado 81 habia soldados
alemanes en- ell frente, contest6
n~egativamente. Todos los oficia
les lie dijeron a el y sus compa :
neros que recientemente habia
sildo desembarcada infanterfa
italiana en- San Sebastian, con
vistas a un ataque definitivo so
bre Vizcaya.
Las ametraIladoras del gobier
no han probable de nuevo su e.
fectividad en- ell sector de Qua
darrama, cerca de Ssgovia, ba-
rriendo centenares de atacantes
facciosos.
Los combates en- este SCI Tor
han resultado muy p~rovechosos
para los leales, en- cuanto a las
lecciones de la guerra y un avian
&c moderado.
Las estaciones de radio fac =
ciosas recuerdan que ell difunto
general Mola habia dicho: So :
mos dos en- este movimientO,
Franco y 20.
"Tntentamos cortar de raiz Ell
marxismo International y esta-
blecer la lpaz y ell orden sObre
una base puramente e~spanola."
Mola era conocido por su ha-
bilidad y caracter agrio y viO :
lento.
En- una OCCASION, interrogado
por los corresponsales extrante
La gaceta., 1937-06-07
|CORTKDO ZEN Dos POR UN
nRBN Ell CUERPO DE UNA
MUJER

Cerca de Brandon, en- las pa
ralelaS del ferrocarril, fue en-
contrado cortado EN- dos ell cuer-
pc de la Sra. Mary Elizabeth
Dunlap, de 81 amos, esposa del
Sr. George P. Dunlap, capataz
de la compahia Macasphalt, de
esa poblaci6n.
Recogieron ell cuerpJ ios di-
putados Culbreath y Van Petit
en-, quienes aseguran que fue
La gaceta., 1937-06-07
UN CHOCO
CON DOS VACAS

Inverness, JUNO 7.-E saba
do por la noche, al sur de Dun
Mellon, un autom6vil choc6 con
dos vacas, sufriendo lesiones la
Sra. Fred Jennings, de Holder,
su esposo y dos hijos.
Choc6 Ell coche contra una de
de las vacas, yolcandose y al
canzando a la segunda.
Ell estado de la Sra. Jennings
es grave, no asf Ell de su esposo
y sus hijos.
La gaceta., 1937-06-07

peauena fiesta en- uni6n de vi
esposo, hermano y otros famL
%liares, y Sc march6 de junta q
estos porque la molestaba, So
gun dijc 81 hu,o de una hs0ars
ra en- la que freian pescads.
Las locomotoras que ell saba-
do paSarsn por ese lugar, tsdes
de la Seaboard Air Line, ssEdR
examinadas hoy.
La gaceta., 1937-06-07

partidR Ell dos ,por la cintura,
hallandose uno de los pedazos a
40 yardas del otro y un zapato
a 80 yardas d. dis 1ncia. Este
indica que la mujer fue alcan-
zada por un tren que venia en-
direction de Tampa, a gran We
loeidad.
La Sra. Dunlap asistia a una
La gaceta., 1937-06-07
LA DE TAMPA
SegacmdG ConUocGtoriG"

Por la presente cito a Junta
General Extraordinaria para ell
buass Z del corriente a las 8 p.
M, en- ell lugar de costumbre.
I'm asunto de gran interes
sera resuslto en- esta Junta. Sc
supliea asistan todos.
Manuel J. Sanchez,
Secretario.
La gaceta., 1937-06-07

Los Browns dividieron un do
BILE juego con los Medals Rojas.
perdiendo ell primero y triun-
fando en- ell segundo.
Boston &c, 12h, De; San Luis
SC, 12h, De.
Boston &c, 8h, lie; San Luis
3c,3c, III, De.
La gaceta., 1937-06-07

Los Senadores vencieron en-
ell primer partido, frente a los
Indios, y ell segundo fue suspsn-
dido a causa de la lluvia.
Washington SC, 15h, De; Gle
velaId 7c, 8h, De.
La gaceta., 1937-06-07

Mas de personas pre-
senciaron desafio entire
Yankees 5Isgres, ganando 6s-
os, con Tommy Bridges de pit
cher. Fue la quinta victoria de
ste lanzador en- la temporada.
New York &c, Oh, 2e; Detroit
: sc, Oh De.
La gaceta., 1937-06-07
OR

MoLG habia dilho 10 Repa-
blica sersa de cdrdcter militar
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
Cut Bank Market Expanded
Sees Every String OF
Tools Working By July

my prophecy is that next July will every string
of tools in north Montana oil fields at work. with operators
trying hard to supply enough oil to take of all the
market demands"
This the optimistic declaration of w. NJ. Fulton,
pioneer Montana producer Thursday of this week.
pressing confidence that the Montana oil industry due
for prosperous year through the development of
ket outlets
Until the Canadians dropped out of the Montana mar
ket" he said there not enough crude in sight to
justify Montana refinery expansion but there enough
crude supply two three good plants There already
highly profitable retail price structure which combined
with crude prices determined the basis of the Mdcon
will make highly profitable situation. This gasoline
going be sold close to the reneres in the most
fitabIe market the continent and longer will large
share of the cost of gasoline into the payment of long
rail haus"
Mr. Fulton stated that he has contracted for the sale
of all of his production in Cut Bankfed for period Of
five years He expects to sell his West Kelvin crude to
refinery enterprise that is just starting This plant
will give market for 400 barrels day of this high
gravity crude he said and viii probably cause the con-
structon of pipeline into the West Kelvin pool He said
of the of the buyers at this time
would be premature.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11

Although still struggling along IL
infancy the oil industry of Montana
has already produced approximately
$4,000. 100000 new wealth and Is
an important source of Tax Income
for the entire State.
At the present time approximately
1000 bbls. daily production OF Mon
tana crude is shut in for lack OF
market cutting off an income OF
nearly $3,OO0.OO0. 90 per year while
the records show that during 1886
SO, 900. 1000 gallons OF gasoline were
imported into Montana from Wyom-
ing. California and other States
thereby depriving Montana OF tax
income.
The go gross production tax
and 55h8o net proceeds tax alone
on the 1000 bbls. shut in produc-
ton deprives the State of Montana
OF approximately 5000, 100000 tax
revenue annually.
The State Of Montana is a large
landowner thru two sections of
school land in each township and
the State is losing its royalty in
come because of this limited oil
when this information was
to the attention OF the
tax payer consumers, the response
for GASOLINE MADE FROM MON
TANA CRUDE locally was so gra~
tifying that 1t was decided to con-
Iinue the work.
Local Refiners and Producers
urged us to carry on an education
ii and advertising campaign
the State and started
4 subscription list to help carry on
The work for a six months period
% bring these facts to the attention
II every distributor, marketer and
consumer Of gasoline and other pro-
lucts made from Montana crude in
he State.
We believe that If this industry
s supported by the people Of Mon
ana 1t will not only continue 20
contribute materially to the cost
II operating our State Government,
IchooIs and public institutions but
an be DEVELOPED to a point where
,rices of gasoline can be materially
'educed and enable us to push out
o other States that do not produce
III. YOUR SUPPORT WILL BE
GREATLY APPRECIATED.
For the purpose of carrying on
he work started by the Shelby
.dons Club to increase the sale of
CRUDE OIL PRO-
DUCTS, A Committee consisting Of
J. c. Hoyt, Lon Crumley. william
George Nadeau Clyde Bohn,
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
CLUB
AT CONRAD is
IN The FRAY
CONTRIBUTED

CONRAD-The town of Conrad
has climbed aboard the Montana
made gasoline special and Is going
to ride with Shelby and Cut Bank
where people patronize the business
which gives them their livelihood.
The Lions Club of Conrad has ap-
pointed a Montana Made Gasoline
committee, similar to the Shelby
club, and will carry on the cam
paign.
A rousing meeting of the Conrad
Lions club Monday night was at
tended by a delegation from Shelby
including Messrs. Fulton, George
Nadeau, L. R. Hannah, George
Hoyt, Gene Gerlough, Ray Noun
tain, Clyde Bohn and Martin Chand-
upon to tell what their club has
done, after they had been Toasted
with an excellent dinner.
Seven percent of the tax money
comes from the oil industry and
the Pondera oil field has a payroll
of $70,00O per year which comes
into Conrad. Accordingly, this
community is very much@oil-minded
but like other communities has for
gotten that the prosperity of the
community depends in the last analy-
els upon the sale Of gasoline made
from Montana crude. The end Of
me present month viii find Pondera
field shut down tight. Conrad's
one refinery Is shut down tight,
while gasoline is being shipped in
from distant points giving employ
ment to men in more fortunate
states.
Present at the meeting were deal
ers who handle imported gasoline
tcOntinued on Page Fivel
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
WATER We'll
HELD EQUAL
TO OIL well

A giant water well in place OF
an oil well brought bushes to the
face Of a doodle bug operator who
spotted a we'll close to the city
limits OF Lewistown, during the
past week. The we'll, financed in
Kalispell and known as the Flat
head-Lewistown No. 1, c NEA
NEH IS-15N-1SE, was drilled in
a spot where biologists said there
was a syncline. The doodle bug
said It was the opposite--an anti
cline.
A steel bit, the only just arbiter
Of the dispute between doodle bugs
and rock hounds, picked up a sand
and a gusher. But 1t was a water
gusher. with good water which may
even be used as an auxiliary sup
ply for the city OF Lewistown. It
is flowing at the rate OF several
thousand barrels per day. At any
rate, 1t win furnish a valuable
source of water for an irrigation
project.
The Great Falls Tribune remark
Confined on Page Elghtl
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11

DRILLING IS
PROCE:E ding

Despite cold weather, drilling is
proceeding at the wildcat well on
Coulmoore structure, Il miles from
Augusta, in Lewis & Clark cOun-
ty. A depth of 48O feet has been
reached.
The we'll is the Hanlon-Durnin
No. /, located in NV NWA SWA
11-1SN-5W, near the Hogan postof-
flee and is being drilled by Bill
Hanlon, Cut Bank operator.
Alarming reports regarding
the well were published in Hell
emo this week. One account
said that the casing was be-
ing pulled. The following day a
block of leases on state land,
close to the wellsite. were sold
at public auction by the state
land board. Bill Hanlon was the
only bidder and he bought the
entire block OF leases at the
customary as cents an acre.
Promoters and spectators
stood by but did not venture
to bid.
The following day a correction
appeared in the Helena papers. Han
Ion explained that while It was true
that the casing was being pulled.
the purpose was to straigh-ream the
hole to shut Off a second flow Of
water. The casing was again lower
cred after the hole had been en-
larged.
Meantime the Journal had receiv-
ed a warm letter from one OF the
promoters Of the project, making
very unkind statements about the
kept press" and Indicating that
the matter might "be taken to the
courts for adjudication" because
Of the libelous report that the well
was being abandoned. Later the
letter, written for publication. was
Bill Hanlon grinned as he gave
The Journal the correct facts about
The well. Water was struck at 100
'eet and casing was set at 1923. At
1870 a second Flow Of water was en-
;ountered in a 20-foot sand, so the
(continued on Page gsve)
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
REFINERY PROJECTS TAKING FORM
New Refinery To Be
Built To Handle 1900
BbI. Cut Bank Crude

Refinery projects take advantage of the available crude
in northern Montana took shape in this state this week and
definite of plant expected hourly The
supply of crude has been contracted for period of five
based the Mdcontnent price and the plant is
have capacity of l5OO barrels per day 1t is to be
forming process which will produce high gasoline from
Cut Bank crude
Announcement is being held up pending negotiations for
the site The company hopes have its site purchased and
other details closed before the public knows the of the
city where the plant is to be built The firm sponsoring the
project well known refining company which will have two
or units in the state
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
LOWER RATE
on CRUDE OIL
TO BILLINGS

A rate of ~ cents per hum
dred on crude oil from Cut
Bank to Billings was granted
this week by the Great North
ern railway, according to an-
nOuncement OF the Montana
railroad and public service
commission at Helena.
This rate makes it possible to
market Cut Bank crude in the Bill
lings refineries which are now us
ing Wyoming crude. Billings re-
fineries are said to be in need of
light oil, having accumulated large
stocks of road oil from the use of
the heavy Wyoming crude.
1t is understood that Yale Oil
& Refining Co. Immediately made
spot oil purchases in Cut Bank field
totaing $4,000 barrels and will
ship the oil as needed. Yale has
been using chiefly low gravity
crude from north wyoming fields,
having been unable to get enough
high gravity crude from Cat Greek
to care for its requirements.
Yale. marketing its top gasoline
under the trade name of lightning,
will enjoy a decided advantage in
the use of the Cut Bank crude
which contains no sulphur, has no
asphaltic content and yields ma
tural high oetane product. Freed
of the expensive process of removing
sulphur, contained in most North
Wyoming crudes, reffners find the
Sweet crude of Cut Bank a much
more profitable refinery stock, ex-J
cept when road Oil is desired. At
this time of year the refiners must
store road oil.
According to members of the rail-
way commission, shipments will |
start with four carloads a day and |
are expected to increase |
as new arrangements are worked |
out. The rate is to be effective
until April 1, 1888. While intend
ed to offer only temporary relief |
the Cut Bank market situation, the |
rate may be made permanent, should
the Yale and possibly the indie
pendent choose to continue to use
North Montana crude. The former
rate was 2S cents per 100 pounds.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11

Whereas this refinery will
use Cut Bank oil, Kelvin Oper-
atOrs were waiting for further
announcement from Globe OIL
& Refining company which Is
considering the construction
of a refinery I'm North Dakota
to use crude from both fields.
j. w. johnson of Shelby has
been I'm Tulsa, Madison and in
Minneapolis during the past
week, II is understood, in con-
ference with Globe officials.
Johnson, head of the CONSOLIDATE
ed Gas Company Of Gut Bank,
has resumed pumping his
wells, running oil TO storage, I'm
anticipation of the closing OF
the Globe refinery deal.
West side Kelvin operators
are said To be negotiating with
parties who are taking over n
topping plant which will be
converted into a 4OO-barreI re-
finery to use high gravity crude
from that pool.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11

The last compIetIon OF the year
was the Hole BroUhers-Allotted tract
124 No. 3, c sWA SEA 1-32-6W,
in the Big Bend pool. This well
struck oil but lost the tools as the
oil rose in the hole. A bad fishing
Job followed but the hole is now
IN shape so that 1t can be left
for the winter, II need be. The
Cobb-State well on the East Nose
of Cut Bank is rated as a 10000
O0O-foot gasser and Is shut down
until spring. unless nice weather
follows the present chiils. It may
be finished up as q gasser. and
the two oil sands below the gas
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11

another well drilled nearby TO test
the two oil sands below the gas
horizon, else it may be drilled
deeper. Cobb has not determined
his plans.
the Glacier Production-Coburn No.
g, NE ME " NWH S-33-5W, which
is stflI standing ct 1891 feet. It
had Cut Bank sand from 2785 TO
2818, drilling three feet into the
Ellis. II was shot with nitro gly-
cerin and oil rose 500 feet ia the
hole. II has not been swahbed or
pumped and win stand until spring.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11

John Gerlough and Ray Mountain
of Shelby, Montana has been ap-
pointed to carry on this campaign
over the entire State.
LIONS CLUB COMMITTEE
buy GASOLINE MADE FROM
MONTANA CRUDE"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
Old Man Winter ROarS In But
Is Too Late To Hurt Cut Bank

Winter the north this and
oil fields hoed wndish glee
shfvverng drilling
field this the wny howl greeted
drilling
with their feet propped the heater Cut Bank shut
belated winter arrived During
20 below but there
an drilling well Handicapped thereby
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-12-11
BULLETIN NO. 8
BY Shelby Lions Club Committee
"BUY GASOLINE MADE FROM MONTANA CRUDE
BY L. r. HANNAH, Secretary.

THIS COMMITTEE when lost
gasoline made in Wyoming and California Whne
hundreds drilling
ducing had to de shut market