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The Washington times., 1938-06-08
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The Washington times., 1938-06-08
MARKET is DRAB;
SALES FEW, AND
CHANGES SLIGHT
By LESLIE GOULD

NEW YORK, June 8 U.N.S0 .
The stock market continued drab
affair today, as leaders backed and
filled in an extremely narrow price
range. Plus and minus signs we're
about equally divided through
pivotal groups.
There was no fresh incentive
overnight in the way of news, and
the market continued the quiet ir-
regular fluctuations which fea-
tured late trading yesterday.
SALES SLOW
With the side lines we'll popu-
lated, sales in the first hour
amounted to only 1000 shares.
Wall Street maintained q close
watch on Washington, hoping for
definite i in dications Congress
would adjourn by the end of the
week. Some encouragement was
derived by growing signs Of a re-
vival In capital markets. Reports
were Standard Oil of N. j. is seek
ing $80,000,000 of new financing,
as New York Steam and Consoli-
dated Edison filed a joint applica-
ton for issuance of $32, 10000.
Steel and motor shares re.
gistered slight improvement after
early hesitancy. Most coppers
and chemicals also were above
previous closing levels. Rails and
utilities were backward through
most of the forenoon,
The Washington times., 1938-06-08
Carpentering

CARPENTER-Reliabl repair work any
kind. Mr., Roberts. DU. 0464 after 4 80
CARPENTRY-An branches. Reason able
L. Nelson Republic 400.
The Washington times., 1938-06-08
Money to Loan

ON diamonds, watches, iewelry, silverware
etc: no adv. arrangement neces.: lowest
rates. ROSSLYN LOAN CO., Rosslyn, Va
The Washington times., 1938-06-08
Cement Work

CEMENT and brick work; porches, steps.
guaranteed. Ii 264s-W. Ask for Jerry
The Washington times., 1938-06-08

FOR SALE
Miscellaneous for Sale
BAND SAW, 3O-inch, excellent condition:
III h.p. motor; cost $500: sacrifice. $50.
Detroit Auto Body Service. 2036 Georgia
Ave. N. W. North O4O8.
DINING room table, buffet, American wal
nut; sacrifice, 81. 6916 Maple St.. TAko-
ma Park, D. G. RA. 6S79.
DINING SUITES pc. oak, $50. Console
Victrola. records. $15. SH. 34l9:
FILING CAB, drawers, steel used $40
up. H. Baum & Son. 6l6 St. n. w.
FURNITURE of Groom house for sale.
Frigidaire; must be sold this week, $3.50;
$50 cash. 947 Ninth St. N. W.
ICE BOX. large: nice hving-room couch,
solid mahogany. drop-leaf dining table:
dresser, beds, complete; Majestic radio:
several tables and chairs; large wardrobe:
army cot. Bargain for quick sale. A2O
Eighth St. s. E.
LIVING room suite. overstuffed. Q com"
pleto bedroom suites, baby grand piano.
viii sacrifice. The Chastleton. Apt. 4Ao'
North 10379.
PIANo-FIoor sample latest model ma
hogany case spinet, special to close out
$1s5. A lovely little instrument with =
Eood tone Easy terms. NAT. 4730.
kits, 1880 G St. Open evenings.
PTANos-Used uprights, So and $40 cash.
Delivery extra or you can haul them them
1887 14th St. N. W.
PTANo-small size studio upright in very
NAT. 1923. Arthur Jordan Piano Co..
corner 18th 3 G Ste.
PIANOS FOR RENT-New popular model
Spinets $3.50 . month. Rental paid ap-
plies on purchase price If you buy later.
corner 18th & G SITS.
REFRIGERATORS
FriEidaires, General Electrics, wsstinE-
houses. Leonards, Kelvinators, CrosleyS.
other standard makes; rebuilt and guar
anteed; as low as $24.6o. Brand new
prices. Liberal trade-in allowance for
your present refrigerator Easy terms.
Electrical Refrigeration service Co.
Washington'S Oldest dealer, 1913 l4th St.
| N. W. Decatur 1910. Open daily to
| p. m. Sundays to p. m.
SEWING MACHINES SIS up: elect. con-
ALASKA Hufnagle Coal Co.. ma. $685.;
$6.75 up. We deliver \ ton orders up.
Dogs, Pets
IRISH Settlers, reg. litter. from proven
hunting line, solid colors. Joe Cox. Forest
| Glen, Nd. SHep. 4991-W.
BEAGLE PUPPIES, 8 to Q inches, about 5
| months old; thoroughbred: IS each. A.
Hansel Rust. Good Luck Rd.. Lanhann, Nd.
--->>~~>~>.>>~~.->~>~o>~->,--~
Livestock, Poultry, Garden. etc.
BABY CHICKS OF A al , SGSDs
| Coal at Summer Prices. Budget Plan
| G. +. DICKEY-D. d H. Anthracite Coal
Hyatts.. Md.-Feed-Hyatts. ITO. III
GARDEN FURNITURE, flower 6oxeS. etc.
! Arban Bros, US to Alex. TEm. $3.50.
SPECIAL PRICEs-BLooD TESTED
White Leghorns, Barred and White
Rocks. Rhode Island Reds. 81. so; .LeGhorn
Cockerels, 81 90 per 100. VIM. James &
Son, 6lo K st. N. W. MEt 00SS.
/. CONTINUED on Next PaGs)
The Washington times., 1938-06-08
Help Men d Women

CARETAKER-Man and wife Free rent
in bachelors absence: ref. r. F. D. /,
Box $50. Benning. D. C. Jas. Trip.
The Washington times., 1938-06-08

Personal Loan Companies
(Continued)
Operating Under Uniform Small
Loan Laws
The Washington times., 1938-06-08
TOday'S Most
Active Stocks

Furnished by ". B. Hibbs & CO.
High Low Nool
The Washington times., 1938-06-08

IRISH Settlers, reg litter, from proven
hunting line. solid colors. Joe Cox. Forest
Glen, Nd. SHep. 4991-W.
The Washington times., 1938-06-08

BEAGLE PUPPIES, 8 to 9 inches. about 5
months old; thoroughbred: SIS each. A.
Hansel Rust. Good Luck Rd.. LAnhann, Nd.
The Washington times., 1938-06-08

COOK, must be thoroughly experienced In
homo cooking and short orders. Apply
1713 Wilson Boulevard. Arlington. Va:
after D. N.
The Washington times., 1938-06-08
FOURTH RACE
Az EnrlnngS
Paddock Picks EN-
WEATHER, CLOUDY; T,

AT CHARLES TOWN
WEATHER
Searods upward About -FOUR anu
The Washington times., 1938-06-08
Washington Stocks
SALES

Washington Railway & Electric
pfd., lO6l12.
The Washington times., 1938-06-08
INTERPRETATIONS
Dogs, Pets

ALASKA Hufnagle Coal Co., Ma. $3.50;
$6.75 up. We deliver \ ton orders up.
The Washington times., 1938-06-08
CHARLES TOWN ENTRIES

D., Never Idol, Famous Clayton.
The Washington times., 1938-06-08

PIANO-Floor sample latest model ma
hogany case spinet, special to close out
Sls5, A lovely little instrument with .
GOOD tone, Easy terms. NAT. 4730.
kits, 1880 G st. Open evenings.
Montana oil and mining journal., 1938-04-02
DelOraine
Is Offsetting
Builders Well

The completion of a large well
in the RimrOck high gravity oil
pool west of Kevin by Builders OIL
CONTINUED on Page gour)
Montana oil and mining journal., 1938-04-02
Will Build Refinery
North Gut Bank Well
Makes Ia Million Cubic
Feet OF Gas Per Day

170O00OOfoot gasser sprung surprise Cut Bank op
orators the North Cut Bank field this Glacier PrOduc
tion companys Mcamer Unit No. proved up and possibly
sensational marked by two producers the nortn
slope of the field
Last fan A. B. Cobb found 100000 cubic feet of gas with
lower sands untesed in Section 304W The well
in Section 15365W southwest indicating
vast gas territory between the two
The McNamer well had than 80 feet of
900 cubic feet Drilling stopped
sand and nasmuch there definite marker is not
definitely known which horizon producing Mouon Sun
burst and Cut Bank sands seemed be nerbedded with
Irregularities suggesting fautng thrust
dons found in the Peterson drilled years ago.
mile southeast McEamer.
Glacier Production drilled dry hole sWl Section
10 last winter then moved short distance northeast the
SENE of the section McNamer test Another
unusual feature of the McNamer well slight sulphur
the lower gas This possibility
of fultng The sulphur be by simple treatment
There oil well two miles another oil well five
miles north of the McEamer while the field also pro-
duCing from the Sunbur Cut sands across
township to the northeast
Montana oil and mining journal., 1938-04-02
DRILLING
RESUHIHG On
NESS0N DON Z

Drilling is resuming at the Call.
fornia company test well on Nesson
anticline, south OF Williston. N. d.
The hole has stood at $3.50 feet
since February / when the roads
became blocked and the weather
too disagrea'ble to continue drill
ling.
The hole is now through the
Chugwater red beds and has about
1000 feet to go to reach the top Of
the Madison lime where the first
oil horizon was found in the Baker
well, in Montana. The prospects
are for finding the lime contact
at around 1850 feet and the second
oil horizon. either the Devonian or
the top of the Ordovician. at around
1000 feet
Leasing operations have contin-
ued throughout the winter months
and for many miles around leases
have been taken and in many cases
land has been purchased by oil
spectators in fee simple. Compll-
Gated titles resulting from unpaid
taxes for eight and ten years have
made II cheaper. in many cases,
to buy the land than to attempt to
work out commercial leases.
Montana oil and mining journal., 1938-04-02
SOCONY BUYS
PATENT RIGHTS
OF UNIVERSAL

CHICAGO - Soeony-va oil
company, Inc, which operates II
refineries in ten states, nationwide
marketing facilities, and enjoys
worldwide business and reputation,
has recently purchased from Uni
versal Oil Products company full
operating rights under all OF Uni
versal's pyrolytic cracking patents.
The price is understood to be
several million dollars. Socony-
Vacuum also acquires rights, condi-
tionally, under other Universal pa
tents as we'll
The agreement was signed by
President H. J. Halle for Universal
and by Vice-President n. r. Sheets
for Socony-Vacuum.
For many years Socony-vacuum
has been a licensee of Gasoline
Products company, possessing full
rights under all of the cracking
patents of Gasoline Products and its
associated companies, including
Standard OIL company Of New Jer-
CONTINUED on Page Four
Montana oil and mining journal., 1938-04-02

"The worlds oldest and larges
show of any single industry, inter
nationally known and attended, will
offer the oil men more new ideas
new and improved equipment al
the May II to 21 international
Petroleum Exposition than has ever
before been available, said W. G.
Skelly, president of the tenth oil
show at Tulsa, Oklahoma, and the
Skelly Oil company. The plant will
contain 25 acres and will be so
percent larger in exhibit facilities
and exhibitors. More heavy equip
ment in actual operation will be
seen than ever before, due to the
40 percent increase in outside
exhibit space. Firms contracting
for exhibit space already total 600
and "a OF these are to have their
own permanent buildings on the
Montana oil and mining journal., 1938-04-02

OIL FOR new
REFINERIES

The first well in the spring drill
ing campaign to develop produc-
tion for the new refinery at Poca-
tello, Idaho. is being started this
week by Castle & Pardee north
and west of the town of Cut Bank
in a new area which was opened up
last year with two wells in an un-
developed portion of the field.
This newest we'll is near Cut
Bank creek in NEA NWH Section
2-33-6W, three quarters OF a mile
southwest of the Pardee-Corregeau
on land belonging to Dan Drumhel
Ter of Cut Bank. This we'll gives an
offset to a lease held by Glacier
Production Co., on the east and
on the south. Castle & Pardee own
leases on all of Section S5 save
so acres in WA NWH 35 which
belongs to r. G. Tarrant. Several
wells are to be drilled on this
lease block to build up a produc-
tiOn of 800 or more barrels per day.
There are now six active opera
lions in Cut Bank. The next COM
pletion will be Santa Rita-Shearon
No. 8, C SWA SWK 4-32-5W,
which is drilling at 200.
Texaco-Lindquist, C SEX SEA /
l7-32-5W, is fishing for lost bit
It 2705.
Glacier Production -Eisler No. 2,
sc NWH SEX 5-33-5W, north
.ast of Cut Bank, on the gas-oil
inc, is rigging up.
Nadeau-Farmers State Bank No.
!, Sc SEX NEA 17-3s-5W, drill
ng with spudder. is down 545 feet.
Santa Rita-Jordan No. 1, NV
WV NEH 1S-32-5w, is rigging
- the standard rig used in drilling
be Tribal No.. 8 in the Lander
ool. Movement of materials was de-
aged by the storm on Tuesday and
Wednesday.
Montana oil and mining journal., 1938-04-02
FIRST SAFETY WORK
STARTS In CUT BANK

AL Martin. formerly production
foreman for Texas company in Tow
Creek. Colo, field. is in Cut Bank
in his new capacity as personnel
and safety manager, organizing
safety first groups in Cut Bank,
Kevin-Sunburst and Pondera. One
monthly meeting is to be held in
each OF the three fields at which
meetings three employees will give
papers or talks on safety methods.
These meetings will be directed by
John OfBrien of Cut Bank who is
in charge of first aid. and first
aid problems will be part OF each
program. This is the first systema-
tic safety work organized in north
Montana oil fields and the progress
OF Mr. Martins campaign will be
watched with much interest by 9TH
er operators.
Montana oil and mining journal., 1938-04-02
HOGAN TEST
SETS PIPE on
FIRST SAND

With undereaming completed,
casing was set this week in the
/ Kootenai- formation, ready to test
the Sunburst sand on COulmoore
structure at Hogan, Lewis & Clark
i.county. southeast of the town OF
IAugusta, by Bill Hanlon, the opera
tor
& according to Geologist Charles c.
Coulter, the S-ineh pipe is set at
234O feet just above the Sunburst,
which would give a depth Of ap-
prpximately 2750 to the top Of the
Madison lime-abOut as he had an
ticipated.
DR.. Coulter is very sanguine
about the structure and plans one
or more additional tests, irrespec-
tive of the outcome of the Hanlon
well. The structure is so large that
ii will take at least three wells to
give a satisfactory test, he says.
He contemplates that a we'll will
be drilled by a new group which
has leases on the structure, during
the next few weeks and he still
anticipates the arrival of a Midcon-
tinent firm which will move in TO
LdIy lDOlS lot LCSl Ou tuS AOHCA Z
end of the structure.
DR.. Coulter has taken options on
a site for a tank farm on the bench 7.
two miles west Of Craig, 200 feet /
above the railroad and 500 feet be-
low the average elevation OF the
field, also a refinery site at Craig.
Announcement of his plans caus-
ed a scramble among others who
sought to tie up available refinery
sites, but he had his property tied
up before others stepped in, he
says.
So far as has been revealed, this
well has had no showing of oil
Or gas and but little water, save
he flow near the surface.
Montana oil and mining journal., 1938-04-02

sources flowed out from the Favored
parts of the state to those not al
present so favored and that by com
parison with its neighbor states
especially those to the east, this
states situation was far more prom
ising.
There is nothing original about
this analysis, but it will bear fire.
quent emphasis. Montana residents
who have made motor trips through
the Dakotas have good reason to
note one particular phase, the lack
of improved highways after they
leave the Montana line. Because
they are almost wholly agricultural
and because conditions have been
so adverse-as they have been in
parts of our own states-the prob
lem of financing modern highway
construction has been a hard one.
It would have been equally hard
in Montana, but for the revenue
that has come, from taxation from
our mines, our industries that have
grown up coincidentally, our sugar
and vegetable canning factories. our
meat packing plants and from the
last mentioned but not least in inn
portance, our oil and gas fields and
Our petroleum refineries.
This petroleum production is at
present confined to a comparatively
small area OF the state but 1t should
be remembered always that it is
itill an ''infant industry" 1t was
more than 20 years after oil was
discovered in California that 1t
attained significance as one of that
tate's leading industries. First it /
vas confined mostly to a small sec
ION around Bakersfield: now nearly .
very part of the state has develop
ID fields and the expansion is still
,oing un.
So 1t may be here. In fact, re-
liable geological exploration sup
lorts the belief, particularly as per-
aims to our gas resources, which
} constantly becoming one of great
ommerciaI value.
What does all this imply? 1t i'm
lies and means that every part OF
Lontana is more than sentimentally
lterested in the development and
ne prospecting OF such resources
ecause:
They produce new wealth
Pour money into the state trea-
1ry through taxation
Which In turn lifts the load on
ss fortunate sections
tcoutinusd On Page Fivsi
Montana oil and mining journal., 1938-04-02
OPERATORS
ORGANIZE IN
NORTH FIELD

The organization of the Producer
Refining company was this weel
completed at Shelby and the article:
of incorporation filed with the
secretary of state. The company is
a Montana Corporation with an
authorized capital of $1,000, ,000. 90,
The organizers and incorporators
are:
D. M. Drumheller, Jr., Cut Bank,
Montana
W. E. Burks, cut Bank, Montana
George H. Hutchings, Cut Bank
Montana.
James W. Johnson, Shelby, Mon
tana.
G. c. Hoyt, Shelby, Montana.
H. NJ Kluth, Shelby, Montana.
c. o. Bohn, Shelby. Montana.
O. A. Nepstad, Ferdig, Montana.
c. N. Wrighter, Kevin, Montana.
The corporate charter was grant
ed by the Secretary of State on
Thursday.
The organization of this company
is the result of negotiations that
have been in progress in this dis
trict for the past several weeks,
and negotiations will now continue
for the contracting of crude oil pro-
duction in the Pondera, Kevin-Sun-
burst, and Cut Bank fields so as
to warrant the construction of
modern, complete, 3,00O-barrel re-
filming plant A large amount Of
crude in the Pondera, Kevin-Sun-
burst and Cut Bank fields has
been pledged to this organization
and when negotiations and engin-
eering work have been completed.
a definite announcement will be
made as to the location of the pro-
posed refining plant.
The Producers Refining company
will be owned and operated by
subscribing producers in the Pom
dera, Kevin-Sunburst and Cut Bank
fields.
Engineers have been employed
and are now making surveys for a /
possible location of the proposed
refining plant, and a permanent
operating organization is being put
together and offices of the COM
pany will be established immedi-
ately in Shelby.
1t is contemplated that a definite
announcement of the location of
the refining plant will be forth
coming in the near future.
The preliminary estimated cost
of the construction of the plant is
CONTINUED on Page F1ve)
Montana oil and mining journal., 1938-04-02

Harry A. Winger. widely known
contractor. this week purchased the
two strings of drilling tools of X
d. Pardee in Cut Bank and win
hereafter engage In cable tool con-
tracing in northern Montana.
Winger has been field superinten-
dent for Pardee for several years.
He was with Pardee In Irao and
he has operated in Indiana, Pennsyi-
vania, Ohio and California. He
was with the Shell for Is years and
has had varied experience In the
production end OF the oil business.
Castle a Pardee will hereafter con-
tract for drilling Of all Of their
wells. Pardee announced.
Montana oil and mining journal., 1938-04-02
PARENT GETS WELL--MIDvvAY AREA
West Kevin Pool Looking Up
AS First Completion Gets Oil

The first completion of the present year
in the new high gravity oil pool between
Kevin and Cut Bank oil fields, known as
the Midway area. was recorded this week
as the Parrent-Anderson No well, c
SW'H SEH 26-35-4W, went on production.
Although not comparable with the dis
covery well, half mile west, which is a
flowing well, the Parrent-Anderson is a good
producer According to r. G. Parent, the
Dwner, it flowed approximately so barrels
(Contlnued on
Montana oil and mining journal., 1938-04-02

when opened up Rods were run and the
well put on the pump. 1t made II barrels
per hour for eight hours and at the end
of "a hours was making seven barrels
per hour Then it suddenly stopped pump
ing Rods and tubing were pulled and it
was found that the cups on the plunger were
entirely eaten out The storm delayed re-
running the rods and tubing but the we'll is
said to have benefited from the rest. 1t is
said to be making about 20 per cent water
,age Four
Montana oil and mining journal., 1938-04-02
ASK FUNDS TO
BUILD PIPELINE
TO TWIN CITIES

Associated Press reports
Friday told OF application made
in Washington by John
Schmidt of AnoIOa, MINI. for
federal funds with which 90
build a natural gas line from
Montana to the Twin Cities.
About $50, 600, 900 is required
for 14OO-mile system,
Schmidt and Frank Murphy,
Minneapolis attorney, told the
officials. Application was made
tn the name Of Public Service
Co., - Montana corporation.
Montana oil and mining journal., 1938-04-02
BULLETIN NO. %
BY SHELBY LIONS CLUB COMMITTEE ON
buy GASOLINE MADE FROM MONTANA CRUDE
BY DAN MILESTONE
Publisher, Cut Bank Pioneer Press

In recent issue Of national publication there
and
of
a light
little
favored oil and
these
Montana oil and mining journal., 1938-04-02
Lost Hole" Swabs 16O
Barrels OF Light Oil

A lost hole" this week be-
came u highly profitable oil
well In Kevin-Sunburst field as
Superior Petroleum. Government
No. in NE NWA 12-85-SW,
swabbed 100 barrels per day
Of high gravity oil from the
shallow Sunburst sand.
This hole was given up as
lost" last fall when it was de-
termined to abandon and start a
new hole. This spring George
Downs, manager of Stanley Gray
operations, decided to make one
more try. He sidetracked lost
tools. ran casing to bottom and
drilled into the Sunburst sand,
hardly expecting a well at that
horizon. He found a we'll saturated
sand from 1882 to 1896 feet. He
began swabbing and 1t made 80
barrels in five hours. continuing
at the rate of 61k bar
rels per hour. At last reports It
was making 100 barrels per day.
This is high gravity Sweet crude.
The well is located on the north
edge of the Rocky Ridge pool, north
1f Kevin.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-01
PEOPLES FORUM

the assessed valuations until they
now stand at about 500 or, less
of their cash value.
By thus disregarding the re-
qulrements of the city charter,
the ability of the city to borrow
money to meet the above men,
toned REC. is seriously en-
dangered, for the charter speci-
fically limits the amount of such
bonds to a percentage OF. the as
sessed valuation.
This will work no hardship up
on any of US, since the millage
would be lowered, thus keeping
our taxes as at present. The only
effect would be to permit us to
issue bonds to meet the REC.
requirements.
It is our understanding that
about fifteen years ago, all as
sessmentS were so made, but
have been reduced to the amounts
stated above from year to year.
TAXPAYERS.
Key West, Fla,
Nov. /, 1888.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-01
THE CHILD AT SCHOOL

With the opening of another school
year, the problem of encouraging the child
to make the most of the opportunities
which the school offers again presents it.
self. It is a problem in which parents
should take keen interest.
Perhaps the most important objective
to be sought is to awaken in the child a
real desire for knowledge. 1t should be
pointed out that it is possible to derive en-
Joyment from the pursuit of school studies
if one approaches them with a genuine
ambition to learn. The child should not
be led to feel that going to school is an I'M
pleasant duty. He should be impressed
with the fact that it is a privilege to be ap-
preciated, not only as preparation for
after life, but as a means of present hap
piness and satisfaction as well.
Some children appear to realize this
without urging, but others seem to be
naturally averse to mental effort, and re-
qure patient handling in order to arouse
their interest in school work.
Parents should not place the entire re-
sponsibility upon the teachers, but should
cooperate with them, not only insisting up
on punctual attendance, but also in lead
ing the child to adopt proper attitude to-
ward his studies.