davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23

requirement. which purpOrts to show
when and where oil exists
Experiments in the California. Rocky
Mountain, Mid-COntinent, East Texas and
Gulf Coast fields show that oil is present
in large quantities when the sediments
have a low misrepresentation ratio. If
samples show a high MISREPRESENTATION
ratio it means, presumably, that the
strata do not contain oiI-buiiding mater
iaIs.
In one case, samples from a well To-
cater on a structure similar TO other struc-
lures found productive in the past showed
a high ratio. Drilling continued, but the
well was dry. Leases slated for purchase
in the vicinity of the well were cancelled
at a saving of 100000.
1t is hoped that the nitrOgen-reductiOn
Gated ON a structure similar to other struc-
eliminate guess work in the science of
oil prospecting, possibly win relegate the
dry hole" to the past.
This science has not yet arrived in
Montana but it will certainly come. Pros
peeting in the future is going TO be far
less of a gamble than in the past. This
will apply TO the royalty buyer who is
fortunate enough to know the facts.
just as we feel that with geophysics the
risk at the test well at Pondera has
been cut in half, so viii all risk in drilling
i'm the future be diminished by science
possibly to the vanishing point. That
vanishing point will come with the de-
veIopment of eIectrOnic methods, which
will pre-determine the presence of oil
in the ground. This was discussed
briefly in our article last week
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23

over his face. He hesitated, looklae
longingiy at the dish of trif1e. TAan
ne sat erect, a study of brave reso-
luton.
'AIl right, then" ne said. s'Cave
us another helDin' and. STAND
CLEAR"
Judge: Haven't I seen yOu be-
fore?
prisoner: YES. 1 taught your
daughter to sing"
Judge: Five years hard IA
bour!"
The gardeners were talking about
the wonders they had grown from
time to time. All were doing their
share except one. When asked,
however, what happened to that
rhubarb you had, Jim?" he quiet
iy replied;
81 sold it to the builder for scat
fold polesl"
To the CONSERVATION Of the
guests, the vicar was very late for
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23
NITROGEN REDUCTION
RATIO

We discussed soil testing and may is
sue a special publication ON the subject
but at the same time we have nitrogen
reduction ratio which is the scientists
name for the result of two tests for To-
eating oil in advance of drilling. 1t is
the ratio between the amount of nitrogen
In an oil sediment and is chronic acid
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23
THEY CRY TO WASHINGTON

Reports indicate that some job
beers who were ready for a summer
cleanup" through purchase of
distress gasoline under the cost of
production are not taking kindly
to the recent advances. They are
making their disappointment known
to Washington, claiming unfair
practices by refiners.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23

of oil
fposbe accomplished refining think article devoted
expanding the markets
A.
cices?I wOudIk o
already issued publications
We lin
ewlb Sands
on the other subjects those Oreques
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23

SEND A CONTRIBUTION TO
THE sUNBURST BADGER
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23
GASOLINE FROM GAS

The use of the p0lymerization process,
which is already producing large guam
titles of gasoline without any additional
consumption of crude oil, is as yet in
its infancy. 1t is safe to guess that Mon
tana's great gas fields which now seem
to have but little value, viii be utilized
for the manufacture of gasoline through
pOIymerization.
However. that does not sound any
alarm TO the producers of oil. While
there seems to be a great sufficiency
of crude in the country today, we know
that new fields capable of producing
ONE HUNDRED MILLION barrels of
oil must be discovered every month just
to meet the daily demand for oil. This
is NOT being done The demand for oil
products is this year in advance of the
notwithstanding year 1887 The con-
sumption of petroleum products is grow
ing from year to year and that is the
reason we can well afford to buy roy
aItes NOW. We know positively that
the heavy drain of oil from other pro-
ducing states is steadily increasing the
value Of the vast reserves which are hid
den In the hundreds of known oil and
gas structures in Montana. When these
reserves are developed they are likely to
have greatly increased value and GER
tainlS the cost of developing them will
be diminished by the progress of science.
We wish TO devote entire article on
the science of deep drilling. We here in
Montana know little about it. We call
the well at 7endroy 'deep test because
IL will for the first time test the De-
vOnian in the central Sweetgrass Arch.
II will be the first well drilled ON struc-
ture In Northern Montana TO tap the
Devonian. But IL is due to get the De-
vOnian at around 5000 feet. That is
not deep drilling as other states know
shallow drilling is certainly the most
profitable. So Montana has before it
many years of highly profitable shallow
drilling"
The man who is smart enough to go
ahead of the drill and buy royalties on
recognized structures is almost certain
Of a fortune
Some startling news, information which
we do not publish, was contained in a
current bulletin this week. No royalty
buyer should not be without an UNDER
standing of the important events that
are taking pace I'm the Montana oil i'm
dustry. Active members I'm this organi-
alton receive a service that is invaluable
to intelligent investor. ANY member
who did not receive the current pubIi-
cation should ask for it.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-07-23

To the CONSERVATION Of the
guests, the vicar was very late for
Evening star., 1938-10-19
CHICAGO LIVESTOCK.

covery of hog prices in two weeks took
Wien receipts we're cut SHARPLY efe by 'pIay pro
ducers who sought to stem the decline
OF values.
With the run Of $4,000 head 5000
h ek es oss sod snd d o"" TO 5mst eens
higher fi and the top rose from $3.50; a
tember the top was S9.45.
continued lower, however, in extending
declines Of 25 to so cents for the week
to date. Not enough was done early how
bids were lower. Choice and prime fed
steers and yearlings we're unbalanced and
topped at $3.50, equallng the 1888 high.
Fat lambs we're. 15 to 20 cents higher,
top rising to SS35.
ture'.-Hoss. $4,000, including 5000 di-
rect; active. 10-l5 higher than Tuesdays
sne eboce 5Sso t9o pounds 49, D6 fSSd
7.25-56; good 3e5-5oo; pound packing
to 7s5 heavy and d .oush hd Kinds. esHSS sso75
and prime fed steers and yearlings steady;
bidding lower on all other grades. but
sSper and oGder 6uyep maks Demand od
at 1a:oo upward; top, 1850; several loads.
loads held above 1900; heifeTrs 81 Scarce. rec
steady to weak; beef cows. 1O-15 lower;
cutters slow and weak; bulls steady and
veaers firm: weighty sausage bulls very
scarce these bringing 6.50-6,75; vealers,
11.50 down; stocker and feeder trade
very slow; mostly 25 lower than earlier
in week with weighty feeders getting
marrow outlet at decline.
late Tuesday fat lambs closed strong;
spots. 10 and more higher; natives and
Westerns mostly 7.75-s.1O; top. S.25. on
Westerns to shippers; top yearlngs 675;
feeding lambs stronger; bulk 75O-715;
top. 500; today's trade fat lambs. 1925
higher; bulk Westerns. S.25: natives. 500
S25; top. S.35; sheep steady: most ewes,
3.00-3.25.
Evening star., 1938-10-19
10 Low Yield Bonds
Ey the Associated Press.

6S the ASSOCldieQ IIeSS.
NEW YORK. Oct. 10 (P).-The
bond market travelled a steady course
today, with an even sprinkling of plus
and minus signs in all divisions of the
list.
Nickel Plate IS of '38, an exception
70 the rule, jumped sharply and went
INTO the final hour around 4l2 higher.
The road has declared operative
plan under which maturity of the Is
would be extended three years. Less
than is per cent of the bonds remain
undeposited under the plan, The ma
turity date was October last
Allegheny SIS of '49 and SIS of so ad-
vanced a point or more on sale of
60.490 shares Of Chesapeake L. Ohio
prior preference stock by Chesapeake
Corporation, in which Allegheny owes
q II per cent stock interest.
Also fitting upward were American
Telephone 3l4s of '66, Goodyear 5s,
Utilities Power & Light SIS, Delaware
L. Hudson refunding Is of 43 and
Frisco 4l2s of '7S.
Lower were Shell Union 3i2s of 81,
Anaconda Copper 4i2s of so, Ameri-
can 81 Foreign Power IS, New York
Central IS and Southern Railway As.
Polish issues moved unevenly among
the foreigrs.
U. S. Governments were 5-32 of
point higher to 4-32 lower.
Evening star., 1938-10-19
NEW YORK PRODUCE.

NEW YORK. Oct. 10 DP,.--Eass 1s.eo7;
m Mlxed eooss ssees ss packs s.coad. oa
.ysrase CHECKS, ds 81 49,; retTjser,5or spe-
nn~ Wtites-Ressle of premium marks. 4a's-
4s; nearby and Midwestern; premium
Midwestern, exchange standards. 35: near:
by, fancy mediums, 33-363; nearby and
Western, exchanse, mediums. ".1,: bullets
specials. 2al o-33: standards, Si2-29:
Browns-EMtra fancy. 35'2-42: nearby
and Western. exchange specials 35; other
Western Western Standards St 20; nearby exchange
Butter as75ss: steady: creamery high
sr than extra 261 2-21'.; sy1 eS5ra , saa score,
7s42zsstt; a6s,.ee1s nrS,s Gs-'i'' %''S0' se'onos
Cheese Cheese. 400. 7773 steadv and unchanged
soR Rye yoSE spot: 5es easy; No, Western elf"
Barley steady; No. ? domestic. elf. New
T Lard e.sv: Middle West go.
Pota toes ! quiet, No / sacks 900
MS, Long Island oa conhlerS oo-1s; CHIP CHIP
ils-co; Green Mountain. l;l5e5; poorer.
9s'fTs s9R Gso ,bs Maine, eTssn Mountain"
Live pGulsry, By freight, ,a weak. .chl.; Chick
1874. FowiDcoiored' ls-ei: Leshorn,
1918. Pullets-RockS. 90. Old ROSTERS
Is TURKEYS hens 20.
BY express. weak. Chickens-Rocks.
1918: crosses. 17-1s; -colored, 13: reds,
l5ia-l1: Leshorn. l4-l!. Broilers-Rocks
fancy 1919: Leehorn l.. Fowl-Col-
ored 11.cls; Leshorn. l5-l7 few extra
Rocks. 22-27. few Is: crosses 21-26. few
26I7: reds 2O-"5. few o6
Dressed poultry irregular, Fresh
2I-3O. Other fresh and froben prices
UNCHANGED.
Evening star., 1938-10-19
CHICAGO PRODUCE,

CHICAGO Oct. 10 tP.-Poultry. live.
ear, 40 trucks; chickens Arm balance
seeady: hens. 4ia pounds up l7-17I5; un-
der 4Na pounds: a: broilers. eolored, Is:
Plymouth and White Rocks 10: -Leshorn
chickens. 13l2: hen turkeys, 1s; other
Butter. Ls5s,74 steady: ay t PRICES un; N;
extra frsts. cars and local. rs; other
- United States Department, Of Asricul.
limited States Shipments 397 slightly
sacked per hundredweight Idaho Russet
! Pc 80; Colorado Red McClures. U. S. No l.,
good color. 1.70: wisconsin round whites
Q. 8. No. /. dark col1r 50; North Da pa :
cobblers. 90 per cent u s. No. / and bet
Hr,I .OO-O5; Early Ohios. 80 per cent U.
8. No. /, l.1o Minnesota Cooblers' U. S.
No | 05.
Evening star., 1938-10-19
General Cjgar ca.

General Cigar Co, largest domestic
cigar manufacturer, reported estimated
net profit for the September quarter
OF s32l,00 equal to 49 cents a share
on the common stock This compares
with $l70,425, or II cents share, in
the June quarter and s5l2,975, or 90
cents share, in the September quar-
ter last year.
Evening star., 1938-10-19
U. S. TREASURY POSITION.
BY the Associated Press

The. position of the Treasury octo-
Der II:
Reaelpts o5 sss Slsas3'2s2 s. expendItpres
1882, including $3.50, a43. 699lo work
Ing balance customs receipts for ths
month SlS.314,51O
Receipts for the fiscal year tsince July Il. .
s .6s4 l24 035.20; expenditures. So 663,-
56S, OBJ IS, including Ss32 s91 56l "A OF
emergency expenditures: excess of eX-
penditures, S979443,os64s; gross debt.
S3s, IL 7.13. decrease of S7,467.-
669.4s below the previous day; gold assets.
S13.997779.TSl.
Receipts for October 1s 1887 tcompara-
BILE date last year,. Sl6.054. l46.ll; ex-
penditures, S4".31911S.99; net balance.
s. 17:},369 .O%759, including S992,9ll.-
027.Ol working balance; customs receipts
for the month S1a.14O,502.14 - receipts for
the fiscal year, 81 s44 400. 1881: expendi-
lures. S2.294, 4,11Ts16.O6 including S613,-
s59,91S.67 Of emersency expenditures:
excess Of sSSppendltu1es, EXP n S449 ,os. % 90, ~:
1875 .9SS.312 .96.
Evening star., 1938-10-19
BOSTON WOOL MARKET.

BOSTON. Oct. 10 UP Omitted States De-
partment of Agriculture moderate
volume of business was being transacted
today in the Boston wool market. Prices
were strong to slightly higher compared
with last week. even though trading was
Of average character were brinsins 6s to
II cents, secured basis Some very choice
lots Of 12-month Texas wools. running
staple combing in length. have orousht
73 to rs cents secured basis Occasional
sales of Graded French combins lengths fine
territory woods were being closed at prices
within the range of 66 to SO cents.
secured basis.
Evening star., 1938-10-19
Penick & Eord.

Penick & Ford and subsidiaries re-
ported net profit for the quarter
ended September 30 of s288,672, equal
to 78 cents share of common stock,
compared with $3.50, or 10 cents a
share, in the third quarter last year.
Company manufactures corn deriva-
tives at plants in the Middle West,
South and East.
Evening star., 1938-10-19
National GyDSum ca

National Gypsum Co, manufacturer
and distributor of building supplies
reported net profit of S355,505. equal
to % cents share on the common
stock, for the September quarter. This
compares with s2s3,328, or II cents
share, in the previous quarter, and
with Sl99 900, or 10 cents a share, in
the September, 1887, quarter.
Evening star., 1938-10-19
Allied Mills. Inc.

Allied Mills, Inc, manufacturers Of
livestock feeds, soybean products and
liquors, reported a consolidated net
profit of sS03,744, or IS cents a share,
for the II months ended September 80,
compared with s1,753.2Ol, or sl.85 a
share, in the IL months ended Sep
tember 80, 1887.
Evening star., 1938-10-19
Public Service of N. l..

Public Service Corp. of New Jersey
reported today net income for the II
months ended September 80 of s22,-
28l, ,403. equal to 1925 share on the
common stock
This compares with s24,658,822. or
81 269 share. for the IL months ended
September 80, 1887.
Evening star., 1938-10-19
Schenley Distillers.

Schenley DlstUlers .Coriw Mncxt06
for the quarter ended September 80
net income of $79o,s22 after charges,
but before provision for preferred divi-
dends. This was equal, after deducting
preferred dividend requirements, to A
cents share on common stock, and
compared with net income Of sl,248,-
SOB, or 70 cents common share, in
the comparable 1887 quarter Dis
tilleries are in Kentucky, Indiana
and Pennsylvania.
Evening star., 1938-10-19
NET Of NATIONAL
BISCUIT CLIMBS
$3,662,311 Profit in Third
Quarter Tops Previous
Period and 1887.
BY the Associated Press.

NEW YORK, Oct. l9-National
Biscuit Co. reported for the quarter
ended September 30 net income OF
s3,662,3l1 after charges and Federal
income taxes, equal after preferred
dividend requirements to 81 cents
share on common stock This COM
pared with s2,9s4,565, or 40 cents
share, in the preceding quarter ard
$3,309.739, OF IS cents share, in the
third quarter last year. Company has
Nationwide manufacturing and dis
tributive facilities.
Evening star., 1938-10-19

Wellington OIL l 3H 3% go
Wentworth (.20e). 3as 3l5 3l3
Western Air EXP 9 3s 3l2 81
Wn Tex Ut pf(6) 20s 500. s0s4 s0't
Weyenberg Shoe zoos 5
Wilson Jon .25e- / 10 10 10
Wolverine Tube 16 S7s Sa Sa
Wright Harg 40a 13 ia In Ia4
rim bankruptcy or receivershIp or being
reorganiZed under the Bankruptcy Act or
securities assumed by such companies.
Rates of dividends IN the foregoing table
are annual disbursements based on the
last quarterly or semi-annual declar tions.
Unless otherwise noted special or extra
dividends are not included
paid SO far this year. no regular rate.
tPayable In stock. Paid last year;
Gssh or s.ssf:a ss9sf tSis WaS
valrsnts. Nv without warrants. var war.
rAntk
Evening star., 1938-10-19
DRY GOODS MARKET.

NEW YORK Oct 10 (P.-Tradine in
cotton gray. goods was quiet today aside
from slightly larger sales Of goods for
industrial purposes. Finished goods sold
in small scattered lots Rayon warns were
slow. Raw silk was steady. Burlap was
aYietly firm.
Evening star., 1938-10-19
NEW YORK SUGAR.

NEW YORK. Oct. 10 P.-Sugar futures
we're Quiet and a shade easier today under
scattered commission, house LIQUIDATION.
January No. 3 sold at 2o3 and March
while January No sold from 9s to 81 "a
and March from 1.00ia to LOO. or u to
j point net lower. The market at pm.
held close to the lows
Evening star., 1938-10-19
DIVIDENDS ANNOUNCED

NEW YORK Oct. 1e.-Prepared by the
Standard Statistics Co.
Accumulated.
Pc Stk of Pay
Rate. riod record able.
Okla Interest Min -
pr pf- S151l2 12-l 1910
Optional.
Depos ms Shrs '2l7oc S els Ill
Reduced.
Thunderstorm Shoe Ltd 25c - 10-1s ILL
Omitted.
Axelson Mfs.
No Action Taken
Evening star., 1938-10-19

General Gable Corp-Deficit, nine
months ended September 80, was S6l4,-
a27, against net income Of s2,s76,576.
Evening star., 1938-10-19

vw-With warrants xw-Without wal
rants New ST tstp)-Sta ampeo.
sNegotiabllity impaired by maturity
Companies reported in receivershlp.
Evening star., 1938-10-19

.Quotations not furnished by sponsor or
issuer; ali others are obtained by I. B. c.
from those sources,
Evening star., 1938-10-19
NEW YORK BANK STOCKS
MONTREAL SILVER.

MONTREAL Oct. 10 R.-.Silyer fu-
tures opened unclaimed. Bio: oc'ooef'
~ o.
Evening star., 1938-10-19
ELECTRIC OUTPUT
RISES FOR WEEK
Production of2, 900
KiloWatts Boosts Index
Total.
BY the Associated Press.


NEW YORK, Oct. Ia Electric
power production in the United States
for the week ended October IS totaled
1882 900 kiloWatt hours, an ad-
vance of la Per cent over 2154,44 900
in the preceding week, but Al per cent
below 2,276,l23000 in the like 1887
week, the Edison Electric Institute re-
ported today.
The advance, which was more than
seasonally expected, carried the Asso-
ciated Press index Of power produc-
ton to 1871 from llls in the previous
week. A year ago the index, which
IS adjusted for seasonal and long
term trend, stood at 1908.
Range for recent years follows:
.,,u, 1898; 1897; 1926 1928; 1894;
Low Low i663@.s Ills 1875 is42 s4.i sia
Percentage declines from year ago
according to major geographic areas
with the exception of an upturn of l
per cent in the Pacific Coast region
were reported as follows by the insti-
tute: New England, 2; Middle At
lantic 5, Central Industrial. 90 West
Central, 3.5; Southern States, 13:
Rocky Mountain, 14.5.
Evening star., 1938-10-19

NEW YORK SILVER.
NEW YORK, Oct. 10 R.-BAr silver
AN. UNCHANGED.
Evening star., 1938-10-19
NEW YORK CURB MARKET
~ private wire direct TO The s>ar.

Dividend Rate. Add 90. High. Low. 2:55.
Aero Supply (B)- 6 81 31t
A ~ n.
Evening star., 1938-07-31
BRUTALITY PROBE
TO BE DISCUSSED
Plans for Action Against Police
to Be Reviewed at Mass
Meeting Today.

Plans for concerted action by COL
ored groups and liberal organizations
to force District officials to put stop
to alleged police brutality will be
discussed at mass meeting sponsored
by the Interdenominational Ministers
Alliance in the Vermont Avenue Bap-
tist Church, 1880 Vermont avenue
NV, at 3 pm. today.
A preliminary conference yester-
day. sponsored by the Washington
Council of the National Negro Con-
gress. approved a program calling for
appointment of a citizens committee
to investigate the charges of police
brutality against colored persons here.
The proposed committee would be
chosen by the Commissioners on the
basis of recommendations of organiza-
tions representing the colored people,
the churches. labor unions and civic
groups Of the District.
Condemning what it described as
"the petty discourtesies, unwarranted
beatings and needless killings per-
petrated by the police upon local
citizens. especially Negroes" the
conference urged removal of Maj
Ernest w. Brown as police superin-
tendent and prosecution of officers in
volved in recent killings OF colored
persons.
Evening star., 1938-07-31

interpretations or for decisions upon
other special questions upon which
such board Is required or authorized
by the regulations to pass.
Where. by reason Of exceptional
narrowness, shallowness or shape of a
specific piece of property at the time
Of the original adoption of the regu-
lations or by reason of exceptional
typographical conditions or other ex-
traordinary or exceptional situation or
condition Of a specific piece of prop
erty, the strict application Of any
regulation adopted under this act
would result in peculiar and excep-
tional practical difficulties to or ex-
ceptional and undue hardship upon
the owner Of such property. to author
ize. upon an appeal relating to such
property, a variance from such strict
application so as to relieve such Diff
culties or hardship, provided such
relief can be granted without sub
stantial detriment to the public good
and without substantially impairing
the intent, purpose, and integrity Of
the zone plan as embodied in the
coming regulations and map.
I'm exercising the aforementioned
powers the Board of Adjustment may,
in conformity with the provisions Of
this act, reverse or affirm. wholly or
partly, or may modify the order, re-
quirement, decision, determination. or
refusal appealed from or may make
such order as may be necessary to
carry out its decision or authorize
ton, and to that end shall have all
the powers Of the oftcer q body from
whom the appeal b taken"
Evening star., 1938-07-31
LAST REGISTRATION
IS ON SEPTEMBER 6
Prince Georges County Voters,
However, Will Have Two Days
to Qualify in October.

New voters will have only oppor-
tunity, on September 6. to register
in Prince Georges County before the
September IL primary. Election
officials said today there will be two
registration days in October prior
to the gener.l election on November g.
Democratic leaders believe the Dem
ocratic book majority in the county,
now over 1000. will reach 10000 as
the result Of the registrations this year.
Althouh the deadline for filing
certificates of candidacy for the pri-
mary election in Prince Georges
County expires at midnight, August
26, less than month off. only one
certificate. that of Judge William M.
Ioker Of st. Marys County. a candi-
date for reelection. has been filed
with supervisors at Marlboro.
, However. the supervisors are sure
10 be swamped with certificates soon.
Evening star., 1938-07-31
DISTRICT PYTHlANS
MARK HOLIDAY
Join Virginia Group at Hines
Memorial Home for
Khorassan Rites.
BY the Associated Press.

BY the Associated Press.
NEW MARKET, Va. July 30.-A
crowd of nearly 1000 Pythians and
their families from Virginia and the
District of Columbia gathered at the
Hines Pythian Memorial Home near
here today for the colorful Khorassan
holiday of the Dramatic Order Of
Knights of Khorassan.
Rain forced the celebration indoors.
where addresses on the work Of the
home were heard this afternoon and
so candidates for the order were initi-
ated tonight.
Col George c. Cabell of Norfolk,
grand keeper Of the records and seals
of the State order. in the principal
address commended the work of the
11-year -old home for children OF de-
ceased Pythians, and told of humber
of former recipients Of its training
who now hold responsible positions.
Col. Cabell was introduced by DR..
J. E. Payne. Supt. E. L. Rice of the
home and Grand Chancellor w. w.
McNicholas of Norfolk also spoke, and
Miss Gay Pifer, music teacher, led
some of the children in a concert.