davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

ROYALTIES PAY 100000

Ny me hundred thousand dollars was
paid to owners of landowners roy
alties in the state of Montana
during the year 1887 and this added to
the income from overriding royalties
brings the figures for the year well
above a million dollars paid to royalty
owners.
How many other types OF Montana in
vestments last year paid dividends of a
million dollars?
We know very well that the oil com
panies themselves did not pay any such
dividends. The Cut Bank operators, as
an example, were busy re-investing their
earnings in new drilling.
Among the mining companies there
were some who paid dividends, but most
of them were investing their earnings in
new mills, new development and in main
tenance
And so on, down the list of highly
profitable industries. 1t is apparent that
royalty owners were among the most
fortunate of Montana investors in 1897
So long as automobiles continue to
burn gasoline so does the payment of
royalties continue each month through
out the year.
We are confident that more than a
million dollars will be paid to Montana
oil royalty investors during the present
year and even greater amounts in years
to come as the stable market develops.
The greatest amount will be paid to those
who are the owners of undeveloped pro
perties which will be drilled into pro-
duction: in other words, those who en-
JOY flush production will profit the most
from their investment.
In the United States during the past
year oil production was valued at some
thing in excess Of $2,250 100000 of
which 1881 50O, 900 was paid to royalty
owners. These people received their
millions free of cost of production. Their
income was 1915 per cent greater than
the 1886 period.
The U. S. Bureau of Mines looks for
ward to a better year in 1888 than the
year just ended The U. S. estimates for
January are per cent above january,
1897 If this trend continues then the
total income of royalty owners, in COM
mon with the industry in general will
exceed in 1888 the staggering amount
paid in 1897.
Here in Montana where we are suf-
fering from growing pains" we can
not get a clear view Of the oil industry
and its possibilities for the investor.
We must look at the industry of the
nation as a whole to see whether ii is
in a stabilized condition that warrants
the purchase of oil in underground stor-
age Tor future sale. mat is the prln-
cipal of success in the royalty investment.
The royalty investor buys oil in under
ground storage. If an acre Of ground
contains 5000 barrels, the owner of
10 royalty OWNS so barrels OF that
oil and it will be delivered to him FREE
OF COST OF PRODUCTION whenever
the operator produces the oil. The in
vestor's profit depends upon the amount
he paid for It, If he paid $50 for the SO
barrels, he will have no profit. If he
paid 81 for the so barrels he will have
an apparent profit of so to 1.
So when a man decides to make an
investment he must first determine
whether the industry is one of perman-
ence. If he buys a barrel of oil will
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

he be able to sell it next year or five OF
0 years hence?
AS stated, we get the best picture of
the oil industry by searching the record
for the year We find, in examining
1897 statistics compiled by the Ameri-
can Petroleum Institute that
Some $4,000 wells were completed in
the United States, with 26,2OO produc-
tive either of oil or natural gas. Drilling
activities were only slightly below the
peak year, 1920, and the number of
dry holes was reduced to 1914 per cent.
Crude runs to stills, principal index
of refinery activity, are estimated at
1,180,0O0, 600 barrels, or 10.5 per cent
above the 1896 level. Refinery output
of motor fuel rose approximately 10
per cent to 555 100000 barrels. The
number of refineries in operation, 425
showed little change from 1896 but
reconstruction and expansion created a
substantial market for labor and equip
ment, benefitting many industries.
In 1887, for the third consecutive
year, fuel oil consumed in home and
Industrial heating plants surpassed the
quantity required for bunkering vessels,
the largest use prior to 1885. 1t is es-
timated that more than 100000 oil
burners were in use in homes at the
end of 1897 and that industrial install
lations were approaching the 100000
mark.
Total crude oil in storage was esti-
mated at 315, 100000 barrels as of De-
cember 81, 1887, or 100000 barrels
below the october 81, 1929 peak. The
price of crude oil remained around s1.22
per barrel for the basic grade. Exports
Of crude OIL estimated at SO 1000 900
barrels, were up about 25 per cent over
1886.
Despite record demand, especially for
motor fuel, prices of refined products
remained low. Government indices indi-
cate that petroleum price levels were
about 40 percent below normal as against
an increase in the price level of general
commodities to within IL per cent of
Normal
Gasoline sold retail at about one-half
the price levels of 1920, but the estimat-
ed $4,000, 900, 900 saving to the industry's
motorlst customers was partly offset by
federal and state taxes which cost them
close to $1,000, 100000, a new record in
itself. The national average retail price
of gasoline lowered around lac a gallon,
while the total of federal and state taxes,
on the basis of simple average, was 5.5c
per gallon, or better than one-third of
the retail price.
Estimates based upon tax collections in
the first three quarters place the total
cost of state gasoline taxes in 1897 at
$3.50, 100000 and of the duplicating fed
eral gasoline tax at 100000, 900. In
additional several millions of dollars were
paid in superimposed county or city gaso-
line taxes levied in some states.
A brief statistical outline of the in
dustry's 1887 operations follows:
PRODUCTION OF CRUDE PETROLEUM
(In barrels of AZ U. S. gallons)
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08
FOREIGN TRADE In UNITED STATES
CRUDE PETROLEUM
CRUDE OIL PRICES
(In barrels of AZ gallons)

(per barrel of 35 deg. A. P. 1.
gravity Mid-Continent OLD
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

them decide which was right.
The man put his hand against
he building for support and squinted
up at the light, and "Hic,
Gentlemen. I'm shorty I can't help,
mic, you AL out, but I'm q schranger
around here myself.
w. e. Jones,
Joplin, Mo.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08
MOTOR FUEL PRODUCED In UNITED
STATES REFTNERIES
I'm barrels of AZ gallons)
REFTNERIES IN OPERATION IN
UNITED STATES

Add to these figures the fact that there
are 30,000,O00 motorists who will be
consuming $4,000, OOO,0 900 gallons OF
motor fuel during the present year, and
the investor can guess pretty accurately
whether his money is safe when invested
in oil in underground storage.
We invite any who is interested in
royalty investments to join us. The cost
of membership is the nominal sum of 81.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

From W. D. Faulkner of South
old, Long Island, N. Y:
To The Bizznlan of 1897
Sock him on the kisser,
Put him on the pan,
Roll him in the gutter
He's a lousy businessman,
Pillory the sucker
Poke him in the eye
Jump upon his torso
He's a lousy business guy
Does he give employment?
Is the pay roll big?
Put him in irOns
Toss him to the pigs.
Has he made some money?
Get his scalp today
Say, where does he think
He's living, anyway?
Philetas, celebrated grammarian
died of chargin trying to solve the
ancient sophism: IF you say of
yourself 4 lie,' and in so saying tell
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

G Up to Nov. l'5, 1870
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

Before the Drake we'll was drill
ed, Illuminating oil was distilled
from Goa in few small refineries.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

should I say? tried to get
grip on myself. How could
say no to him. Suppose I did do
as he wished-who would ever
know?
'All right, boy" I almost whisp-
cred. 'I'll subscribe for one year"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08

SEND A CONTRIBUTION
To THE SUNBURST BADGER
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-01-08
A Bid For The 1883 Grand Prize

Bill and Jack had done every
thing they could to help 1887 march
out and 1888 make It's bow. So at
$3.50 a. m. they decided to go home.
After walking a few block Bill
said, boy oh Boy thash shore ish
brisch moon"
Jack,-'Moon hell, thasch an
electrish light" After they argued
some 80 minutes, another man came
along and Bill asked him to help
Evening star., 1938-04-19

Guaranteed R. c. A.
Qorden hose. Bross
couplings on both ends.
Fits all STANDARD foucets.
Nozzle, 39c.
Evening star., 1938-04-19
Common 22x44
Both Towels
) for 81

Splendid wearing dou-
ble-threod towels, espe-
ciolly soft and obsorb-
emf. Attractive colored
borders.
Evening star., 1938-04-19

Twin or double sizes.
Filled with new, clean
cotton and reinforced
with zie-zoe stitch.
Cut full size. Limited
quantities. Only 2 to q
customer.
Evening star., 1938-04-19

LIGHT in weight, yet
strong and durable.
Bound with soteen.
Loree variety Of eoIors.
Evening star., 1938-04-19
Chintz Shoe Bog
and Gorment Bog

Heovy chintz in severol
pleasing potterns ond
coIors. Gornent bog
holds 8 dresses. Shoe
bog hos II pockets.
Evening star., 1938-04-19

Don't woit, PIont gross
now. Five pounds Of
the famous "C|over
Valley" seed and 5
pounds Of quality fer
tiIizer.
Greenbelt cooperator. (Greenbelt, Md.) 1937-1954, 1938-05-04

Law .GNEENBELI lille
We were peacefully gondering 1ifc,
in general w1i Ii half subrlerged In: q
chilled glass Of >'c6ke'. t tho drug
store the other nj ght when our mood
was sha ttered and our ear dru.s: rattled
by o>-zooming, roar FROM the street,. Re-
trieving the partial liz! swo lowed STRAW
from bur ldry1lx dnd wfping bits Of ice
from our countenance we hostened OUT
side to- Discovery tho CAUSE Of the
uproor. There d taV ia1kling in tho dis
lance ~cbuld be seen the red tail light
Of fast vanishing motorcycle. We
were about to re turn to our reverie
convinced that sdsao j0y|riding kid wos
out for thrill II even at the expense
Of O leg or arr, when the squeoling
brakes Of the station wagon announced
the arrival Of the flying squadron,
Greenbelt's right arm Of the law.
Sans uniform but armed wi tn
grim expression Of outraged righteous
ness the law loaped"froni his" cdr. In
the dim light we thought there were at
least three Of then until closer look
rovec led only one, George Panagoulos.
His tono was detormi ned and his manner
bol1igerent as he 7tQo7fo lowed thq {. (
flight Of the vahishir ig tail light.
Wi tn a reas surfing nod To the -fa1ks :. |
re thored around he boarded the station
wagon once more and wal ted for the
return; Of the speedstor. To. cur eprs,:- |
came the returning roar Of the exhaust
and then the motorcycles CANE into sight
again, moving at terrific pace.. IT
pulled up with o, luroh before the~1,@f"
wagon turned deliberately :broodsido
in its: path. ":,.l -: @":: s*
Every inch the spirit. OF law and !
order George, Qpproa ched the driver iGnd
beroted him in the accustomed matter.
The. culprit aidn' t seem to be exactly.
owed and even wen tarear ssaar i, answer
or two. In fact we Thought his ..trucu-
lent tone deserved a. ticket and after.
George d dismissed him WI tn a Ia las t 'sa4.ra-
ing we asked him why he HADN'T given
Greenbelt cooperator. (Greenbelt, Md.) 1937-1954, 1938-05-04
DOUBLE PROTECTION

The life Of member Of the Green
bolt. Credit Union is outomo tica11y in
sured to the amount he has saved for
that proverbial "roiny day.. If q mem
bor: dies, when he has, for example, $50
in the credit union, hi wife and fam,
lily would receive not only the. $50 he
has saved but>in oddi ton $50 from the
Insurance. company. Insurance Is, OBJ
toinod by the credit union on. each
member in proportion to his sovings--
wi tn maximum per. laomber Of $1,000. T.
The member days mo-, ox tra< fee for this
service. Protection. </.,#%.=:: : / @....@.=~
----~----- q. III. \ <><*** -
APOLOGIES to Florence jackson O'Brien -
who played two piaAb selections at >*
the meeting; Of the School Age :.
Mothors'< o1h b on APRIL ~, and
whose name was inqarroctly report 5.z..==.:
cd in last week. s. ISSUE Of the .*|*
'00p@Fo tor ... ILL., .
Evening star., 1938-09-26
Gehrineer Tops All in Poll on Diamond Stars
erg-Peden Brothers Make $4,000 Yeor as Bike Teom

when you recall that there are not
more than Is races 4 year you can
see what kind OF potatoes that Il.
Bob Pastors dad Il suing him for
. part of his ring earnings. The
largest man on Alabama's grid
squad also is the youngest, and Bill
Fuskett, veteran tackle of the UNI
versity Of Oregon, Is the first mar
ned guy the team has had in the
last 10 years.
You won't believe it, but Sammy
Snead, the ace golfer, saw his first
major league ball game when he
went to the twin bill between the
Jtnts and the Reds last week.
Football situation: One and al
can watch out for Alabama. partic-
ulArly Louisiana State. Washing-
ton q. not only made us look pretty
bad. but feel pretty sick. We really
thought those Husktes were coming
East with their guns headed. An
other team you eaA ksep your syss
Evening star., 1938-09-26

game with minor injuries here and
there, but with an OF day In their
league schedule next Sunday, when
they play at Louisville, every one is
expected to be back in shape for the
date with Tuffy Leemans & Co. 4
week hence.
Jim Karcher. whose share in block
Ing that late punt yesterday, set the
stage for Capt. Turk Edwards to score
one of his rare touchdowns, is going
to have his tonsils out in the next
few days. Eny Pinckert's kneecap
disclocated in the third quarter, soon
was snapped back into place and is
troubling him only slightly today.
Center Vic CAROLS cut eye has three
stitches in it, but they should come
out before long. And Max Krause's
shoulder bruise will heal before the
week Is up.
incidentally, there WAS Z reason for
Karcher's exceptionally fine game
yesterday, although the old Ohio
State guard always can be depended
upon. Ms. Karcher presented him
with An S-pound daughter during the
previous week, 80 Jim was playing
his first game as father.
Evening star., 1938-09-26

League. will usher in its season tonight
at Convention Hail.
Bakers League In Field.
At noon next Saturday the newly
organized Bakers League will be
launched at Convention Hall. The
10-club loop. made up. Of teams from
the Schneider. Sanico. Havenner,
General, Dorsch. Holmes and Rice
bakeries. and the business agents office,
has Is its president Karl Heinzmann,
long identified with the Masonic
League; Charles Miller, vice president;
Charles McCloskey, treasurer, and
Chris Hutchinson, veteran sandlot
baseball leader, as scorer.
Tonight the Almas Temple League
opens at the Almas Temple alleys. The
champion Camels are back with IL
other teams. Granville Guide, grand
potentate, and Fred Huber, loop
president, will match their skill when
they take 4 pot shot At the NAPLES
in the opening.
Grady Sharp. with 395, and Eddie
Payne, with 149, were tops In the Pet
worth League opening that witnessed
York Auto Service chalking up high
team counts Of 57o-1,706 to sweep
Superior Lock A. . starter.
Pounding the naples for . flashy
172, L. E. Miller hung up the season
record game In the Mount Rainier
League, while Teammate Bradshaw.
shooting 160. helped Saurs Super Serv-
ice to q second season mark Of 646.
Jim Madden Of Smiths Tavern Is
setting the pace in the suburban loop
for six games with l24 average.
Ruth Rothgeb Flashes.
Ruth Rothgeb with 147-368 is .
double recoFd-holder for the season in
the Silver Spring Ladies League. Bert
Drott Of the Post Once Reds, cracked
high game with 152 and second high
set with 375 in the Silver Spring Inde-
pendent League. His walloping was
the highlight In q sweep over the
Sandford's.
Joe Overend, who won fame some
years back with q 203-league game at
the Recreation. was the high string
shooter with 138 and Percy Lawhorn
Evening star., 1938-09-26
LINE GETS CREDIT
FOR SKINS SURGE
Play Against Rams as Good
as It Was Bad Against
Dodgers, Coach Says.
By RAY FLAHERTY,

Coach. Champion Washington Redskins.
Giving credit where credit Is due,
let me say that our line was the prin-
cipal reason for our improved showing
and the big score we ran up yesterday
on the Rams Exhibiting An unusual
amount Of spirit and fire. the forward
wall was just as good yesterday Is it
was bad q week ago.
In fact, Hugo Besdek-the Ram
coach-told me that our line looked
better than that Of either the Cardi-
mails or Packers. both of whom beat
the Rams In earlier games Our line
yesterday once more proved the old
football days: that . team IS only
IS good Is its line.
Millner's Play Exceptional.
The charging Of every man WAS low
and hard. The tackles tore through
the Ram nnemen to rush their passers.
Opposing ends were checked thor
oughly on running plays and passes
and Cleveland's reverses were stopped
cold
All Of our ends played fine games,
but Wayne Millner came through In
exceptionally fine style and was more
like the great end he was last year
than at any time this season. That's
taking nothing away from Charley
Malone and others who continually
were rushing pAssers-the FIRST time
our ends have done that In five games
Our tackling was 100 per cent better
than last week and opposing runners
didn't slip away for 30 and 40 yard
gains like they did N the Brooklyn
game. That was because We were
alert and followed the ball the entire
game.
Blocking Improved.
All Of our backs blocked well and oul
downheld blocking also showed an
improvement. There still is room te
better our attack IN this respect, how
ever. But our blocking backs die
succeed IN getting out ahead Of the
ball carrier and handling the secm.
dairy. And this will improve as the
season goes along.
was extremely pleased with the
showing Of Roy Young, the Texas A
and NJ recruit, who was playing hi,
first game with us. Young Is big ane
fast and has . lot Of fire.
I'm not counting any victories be.
fore they're scored, but I'm convinced
Of one thing: If We can maintain thu
spirit We had yesterday wen be hare
to stop from winning the Eastern
championship again.
Evening star., 1938-09-26
Stebbins Of Pitt Touted Over GoIdbero-P

squib about an Iowa college team
going to play the States prison team
at football, which reminded 4 read
er Of the time . couple Of years ago
when an Ottumwa, Iowa, semi-pro
baseball club played the "Stripes."
One Of the Ottumwa players
slammed the pill over the prison
wall and every guy on the prison
team (as well - the spectators)
yelled Let me get it." Needless
to say. the warden said nothing do
ing.
Connie Mack never goes near the
Athletic dusout in Philly until five
minutes before the game starts and
Pie Traynor doesn't show ON the
Pirate bench until Just before hos
alities open. It's just an old
superstition, boys.
You needn't pity the poor six-day
bike riders. For instance, the
Canadian reden brothers clean up
$4,000 . year between than 4nd
Evening star., 1938-09-26
Elicit and Ebers0le Renamed
To Key Offices of ". c. d. A.;
BurrO,us Ne,U Vice President

Like . vell-oiled machine tuned to
= greater speed, 80 hummed the WASH
ington City Duckpin Association to-
day following its annual meeting yes
terday at the Raleigh Hotel.
Extolling Perce Elicit for his capable
leadership. the 20 league representa-
tves present unanimously reelected
him president for third consecutive
term.
The only change in the officers was
the naming Of Dave Burrows. for sew
eral years on the executive board, Is
vice president Nominated also for
the post were Wesley Miltner and
Kenny Beck. Both withdrew after
three ballots failed to produce a de-
cisive vote.
Ebersole Popular Secretary.
Arville Ebersole was the unanimous
choice rs secretary. The high regard
in which he is held in this important
Job was exemplified when more than
tvo-thirds Of the assembly choFused
. second to his nomination.
Beck was voted . member of the
executive board to serve with Astor
CLARKE. Larry Fitzgerald, Perce Wolfe
and Jack O'Connell, who were re-
elected.
The association went on record to
throw its weight back of The Evening
Star Yuletide Tournament and the
Herald Toy Fund.
A Recommendation to allow women
bowlers who are members Of teams in
mems leagues to participate in the
annual city tournament was approved.
Columbia was named rs the site of
the 1889 tournament which will open
the last week in April.
EnHonnna seinR a fAams 0aae 0f fhA
Evening star., 1938-09-26
EAGLES CLAW|NG.
ATPRO GR|DPEAK
Swoop on Two Fumbles to
Beat Giants-Recruits
Star in West.
p the Associated Press.

6y Inc ASAUClStoo EIebSs
CHICAGO, Sept 26.-The 1888 Ma
tional Professional Football League
race Is only three weeks old, but IN
that time the revitalized Philadelphia
Eagles have flown out Of the dedgltng
class into championship consideration.
Eastern division standings today
showed them second to Washington's
pace setting defending champions With
two wins-as many as they won ill
last season-and one defeat.
The one setback, q 26-to-23 score,
came in their inaugural game against
Washington. Since then they walloped
Pittsburgh, II to 7, and yesterday gave
New York's Giants their first spanking
Of the year, II to 10.
Bears to Show Eagles Worth.
just how menacing the Eagles really
are in this years race will be De.
termined next Sunday when they op-
pose the ever powerful Chicago Bears,
Leaders in the Western division.
The alert Eagles swooped down on
two New York fumbles, then virtually
SCARED away with victory yesterday.
Bob Pylman, a tackle, scooped up one
tumble in the second period and raced
80 yards to score. Joe Carter, an end.
grabbed another in the final period
and ran 90 yards for the touchdown
that erased . 1917 Giant lead. =r
A freshman had his fling in another
battle yesterday. At Milwaukee, Cecil
Isbell. 1887 Purdue star. not only dem-
onstrated his running ability, but threw
and received passes which led to three
Green Bay touchdovns Is the Packers
defeated the Chicago Cardinals, %
tot.
Robbins Shines ~ Passef. =:
Another rookie, Jack Robbins who
came up from Arkansas, threw al
passes and completed II for al yards
for the Cardinals.
In last weeks other game, Pittsburgh
capitalized on errors Friday to defeat
Brooklyn. II to 3, for its first win of
the season.
Standing of the clubs:
Evening star., 1938-09-26
d, EDDIE BRIETZ,
Aseoo1Atod Pfeas Apofts Writer.

NEW YORK, Sept. 26.-Ths
cereal compAny's poll showed Char
he oehrineer WAS the most popular
Of al players selected for the all
star team. It's been three days
now since we've had . new candi-
date for the Job Of managing the
brooklyn Dodgers. Francis
wallace, the football expert, says
9tebhins Of Pitt viii be an even
greater player this year than his
All-America teammate, Marshall
0oldberg.
Vic Turrou. one Of George wash
fngton's crack backheld prospects,
u . son Of Leon Turrou, the former
%" man who was prominent IN
rounding up the German spies.
Jack Doyle viii quote you Is to 5
against the Pirates and only l to !
against the Yanks.
A few dAys aso Ne had 8
Evening star., 1938-09-26

on is Clemson. You don't bowl over
teams Ike Tulane for nothing
even III openers.
Wichita was the prize fall down
Of the little schools which set out TO
make their big brothers look bad.
California pinned back st. Mary's
ears and may turn out to be the best
team on the coast. West Virginia
tried hard against Pitt but just
couldn't make it. II those Noun
taineers have any buttons left on
their shirts after Goldberg breezed
by, sue us tomorrow.
Evening star., 1938-09-26
Minor Results

International Leasue Playe6s.
Buffalo, 8; Newark, 3.
American Asssciatios FaysfPs. r
St. Paul, B; Kansas City, z.
RasiAe Cssst Leave Plsye6s.
San Francisco, So: Seattle, 40.
Los Angeles, 81; Sacramento, 2-1c,
Texas League Playefls.
Beaumont. 3: San Antonio. 2 (BeAu-
mont wins hnAl seriep.
Southern Association Playo6a
Nashville. Is: Atlanta, 2.