davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1940-01-19
CHICAGO LIVESTOCK
(By The Associated Pr

CHICAGO, Jan. 1S-R-Sub-zero
weather curtailed livestock supplies
and slowed up trading here today
but had little or no stimulating ef-
feet on prices.
Hogs advanced 5 to Is cents in
early dealings but lost these gains
later. The rank and file of steers
were rs cents lower while fat lambs
gained 10 to rs cents.
(U. S. Dept. Agr.)-Salable hogs
5000; total 10000; uneven early
trade mostly 5-15 higher than We'd
nesday's average; closing with ad.
vance lost; top 5.85; bulk good and
choice 16O-24O lbs. 5.50-SO; 240-c?G
lbs. mostly 5.25-65; 27O-330 lb. butch
ers 5.10-40; good S6O-550 lb. packing
sows 4.3O-75; smooth light butcher
kinds up to 500; shippers 1000;
estimated holdover 1000.
Salable cattle 1000; salable calve,
calves 500; very uneven market gen
orally rs lower than Wednesdays
early trade; heavy steers off most;
even choice kinds showing decline;
medium to good light cattle merely
steady; buying fairly broad on local
account but shipper demand almost
at staldstill this weakening market
structure at 1880 upward; top Ills
on long yearlings nc choice weighty
steers sold; several loads being
taken off market after having been
bid 0 .50-11.00 which was rs or more
lower than Wednesdays bids; short
fed weighty steers $50 down to $50
and below common ard medium
light steers 7.00-8.O0; very common
kinds to 6.25; heifers steady best
1918; several loads $40 and 9.75;
but mostly 8.25-9.00; common kinds
very scarce and higher for week;
beef COWS 1918 lower; nne and
cutters barely steady; bulls 1915
lower vealers rs or more higher;
very scarce mostly 12.50-13.50.
Salable sheep 1000; total 1000;
fat lambs active bulk 1925 higher;
wooded lambs under 100 lbs. 9.10-40;
top $40, 100 to Hob. weights $50
9.25; sheep strong to rs higher two
doubles Montana ewes $40 few ma
tives 4.25-75.
The Wilmington morning star., 1940-01-19
Newspaper Advertising
Used By Biscuit Company

Newspapers will be used to advers
tise popular Premium crackers, acs
cording to schedules released this
week by the National Biscuit com.
pany in New York.
National Biscuit company, the
worlds leading baker Of crackers
and cookies, is stressing the quality
and freshness of Premium crackers
in this new series Of dominating.
interesting, readable advertisements.
AS with previous Premium crack
er campaigns, National Biscuit com.
pany carries it's message direct to
the housewives through the pages OF
newspapers. This is helpful in dt'
recting the trend to quality purs
chasing.
Over $50 newspapers throughout
the United States will carry this
present series of National Biscuit
company advertisements on Premium
crackers.
The Wilmington morning star., 1940-01-19
NEW YORK EGGS

NEW YORK, Jan. 18.-LR-Eggs
1920; firm. Mixed colors: fancy
to extra fancy % 1-4-24 3-4;
standards 1928; firsts 81 1-2-22;
seconds 20 1871; mediums 20;
dirties No. 1. 10 IL; average
checks 1913 IL. Refrigerator,
fancy and heavyweights 10 H.
20 IL; standards 10; firsts II IL;
seconds is 1-2-17; mediums 16;
dirties Is IL.
The Wilmington morning star., 1940-01-19
NEW YORK G

NEW YORK, Jan. 18-LR-Price
weakness in the raw sugar trade and
uncertainty over the refined situa.
ton unsettled the futures division
of the sugar market today.
Domestic futures closed unchanged
to 1 point down on sales Of IA, 300
tons. Trade was largely profes.
sional in character.
The world list was even slower,
dropping 1 to 2 IL points on turn.
over Of only 1850 tons; March 1.54
IL bid, May 1853 bid.
Moderate offerings of Cuban and
Puerto Rican refined was held at
2.95 cents but the buyers price was
2.90. Prompt shipment Philippines
sold at 2.91 and March-April Philip.
pines at 2.95 cents.
Refiners have done little toward
acceptance Of the heavy business
submitted on the six-months contract
at $50 cents.
No. 8 range follows:
The Wilmington morning star., 1940-01-19
STOCKS IN THE SPOTLIGHT

NE w 4OIlEAy jan. oN'SS
closing price and net change of the
fifteen most active stocks today:
Stand Brands, g. OO-7A; al.
Radio, 17,400-5A; no.
Loft, II, 500-21R; a1B.
US Steel 10, 400-57S; dis.
Comwlth and South, 10,100-1B
dA.
NY Central, S,2OO-16A no.
Curtiss Wright, 7,7o0-9@; dB.
Trans and West Air, 6,900-12A;
al.
General Motors, 6,30a-52A; no.
East Air Lines, 5,7Oo-27k; no.
Chrysler, 5,500-S2A o..
Comwlth Edison $500 -31A; DIS.
North Amer Co, 5,200-22B; no.
Cluett Pea, 5,2o0-37A; d..
Cons Coppermine, 4,900-8%; no.
The Wilmington morning star., 1940-01-19
N. Y. COTTONsEED OIL

NEW YORK, Jan. 1S-R-News
factor affecting ~cottonseed oil fu'
lures were pretty well balanced to.
day and the market stayed within
close limits. Final prices were I'M.
changed to 2 points up.
Refiner hedging against crude oil
purchases appeared on minor up.
turns but the effect of firmness in
lard and allied markets acted as q
bulwark against serious setbacks.
Sales totaled 96 contracts; March
7.06b, May lib, July 1923, Sep. 1888.
(b-Bid).
Crude oil sold at 6 cents a pound
in the southeast and valley. Texas
quoted 5 3.4-5 7.8 nominally.
The Wilmington morning star., 1940-01-19
Several Dixie States
Close Markets Today

ATLANTA, Jan. 18-R)-Several
southern states will close their
banks and commodity markets to-
morrow and turn to eulogies of
Confederate General Robert e. Lee.
Schools and patriotic organizations
prepared programs in observance of
Lees birthday (Jan. 10, 1900. The
anniversary is a legal holiday in
Virginia, (his native state), Tennes'
see, South Carolina, North Carolina,
Mississippi, Kentucky, Alabama,
Arkansas, Florida and Georgia.
Among exchanges closed will be
the Jacksonville and Savannah
naval stores markets.
The Wilmington morning star., 1940-01-19
NEW YORK

NH'" YORK, Jan. 1S-R-Pota.
nm steady. Upstate, No. 1, sacks
bing sl' katahdin, brushed, job.
Go6o sales 2.oo-2.o5. No. 1, sacks
tats Ylos.l Long Island, Green Noun.
totn l''o'z.25. Maine, Green Noun.
sin :'Vo-2,1o; Chippewa and Katah.
NO. l, and Bin, 2.O5.15. Blu. box
In n e Florida, Red Bliss, washed
The Wilmington morning star., 1940-01-19
Movement In Recent Years
What Stocks Did
CASH GRAIN

CHlCAGO, Jan. 49, R Cash
"1eat sample mixed (tough) SO.
eofh No. 1 yellow SO $40 IL;
No. 2, SO 1870; No. 3, So ID
81, No. 1 white &c 1884.
oa's No. 2 mixed AZ IL; sample
sue mixed So 1-2-3S; No. 2
mni,e 45; No. 3, AZ IL; sample
sfaoe white 38-41.
barley, mailing, 1896 nom.; feed
1870 nom.
noy beans No. 3 yellow 1.11-1.12.
rinothy seed 1866 nom.
n"eet clover 4.50-5.25 nom.
red clover 12.50-15.OO nom.
ned top 8.50-9.0O nom.
A.slke 15.00-1S.0O nom.
Alfalfa 17.5O-22.5o nom.
The Wilmington morning star., 1940-01-19
COTTON

LIVERPOOL, Jan. Il. = % -
Cotton-moderate business in spot,
prices 16 to Il points higher. Quo
tations in pence: American, strict
good middling 9.48; good middling
9.08; strict middling S.9S; middling
|S.SS: strict low middling 8.78; low
middling S.78; low middling S.4S;
strict good ordinary SOB; good
ordinary 1853. Futures closed 4 to
6 lower. Mch S.53; May $50; Jly
8.44: Oct $40.
The Wilmington morning star., 1940-01-19
CHICAGO BUTTER

CHICAGO, Jan. 18.-R-Butter
553,538, firm; creamery-93 score,
81 1-4-3-4; 90, 80 "a; 81, 80 IL;
80, 80 IA; 80, 20 ga; 8s, 20 3-4;
80 centralized carlots, 80 3-4-31.
Eggs 1857, firm; fresh graded
extra firsts local Fl, cars 81 -;
firsts local 20 IL; cars 81; cur
rent receipts 20; refrigerator extras
II IL; standards II Ia; firsts
16 ga.
The Wilmington morning star., 1940-01-19
NAVAL STORES

oAVANNAH, Jan. 18.-R)-Tur.
a sn"'lne firm. 80 IA; offerings II,
oa on SOLO; receipts none; shipments
%' stock 22,059. Rosin firm; Of
eb ilAss 81, all sold; receipts 1903;
'Dlpllehts 1000; stock 210,113.
euo'e: B 4.50, D Ats; E sos; F
80 . 5.35; H $40; I 5.45; K
s soo M N 5.55; VIC sos; WV, x
Inns market will be closed to-
'ito"' Jan. 10, Lees birthday.
The Wilmington morning star., 1940-01-19
SEVERAL LEADERS
SUFFER REVERSES
pr;ces stiffen AT Close, How
ever, As Major Com
modities Recover
pv FREDERICK GARDNER

INV YORK, Jan. 1S.-lR-sell-
steels tripped up an easy
ny stock market today and lead
s0t"5 ;ss,es, at the worst, dropped 1
to : points
n.;cos stiffened at the last, how
as major commodities recov-
s,sd and the feeling began to grow
'as+ nerhaps the lengthy decline
NV s,ares since the first of the year
III have partly discounted reced-
irg business and a lot OF other
Aandicaps.
While fractional losses predomi-
.,+ed at the close of the generally
@s+betic session, there was an as
'sr.ment of modest gamers.
Tho Associated Press average of
~ issues was off 2 of a point at
ms A selling furry after midday
'...od the volume somewhat, trans
COWS totalling 6O5,420 shares against
~ GA the day before when the
+nrnoyer was the smallest since
Dec. j.
Standard Brands was the liveli-
es- mover of the day, getting up IL
;, 81, a new 1939-40 peak. Buy
;no here was attributed to talk of
tho company cutting operating costs
and adding a number of products to
its sales list.
s, Steel and Bethlehem were
oroono the days weak performers.
npspite cheering earnings estimates
tor these corporations in the final
oYarter of last year, reports of
dwjpdling orders and falling mill op-
erations in some centers acted as a
7epressing influence for the shares.
Rails were unable to get ahead,
hit declines were kept to incense
o~rnnrial amounts as last weeks
freisht loadings, published today,
revealed a more than seasonal in.
crease. Helpful also We're opinions
Of railway officials meeting at Mil
waukee that the carriers were fac.
me the most prosperous period in a
decade.
Prominent on the offside were
Chrysler, Sears-Roebuck, Boeing,
Anaconda, Phelps Dodge, Union
Carbide, Cluett Peabody, DUPONT,
Westinghouse and the common and
preferred stocks of Standard Gas
and Electric. Bonds of Standard
Gas also dropped sharply without
an special reason being given.
Breasting the trend with advances
up 10 a point or so we're Loft,
.American Tobacco 3D." U. S. Rub.
Der, American Telephone and Johns.
Manville.
Rail bonds, led by Missouri Pa.
cities, moved forward. Commodities,
with the exception of copper fu-
lures, which retreated in the wake
Of a cut in the domestic price Of
the red metal, did better. Wheat at
Chicago was up rs to 1 Ia cents a
bushel and corn gained 3-3 to SIS.
Cotton was Is to 25 cents a bale
higher. Securities at London and
Paris tilted upward and steadied at
Amsterdam after early hesitancy.
fractional losers in the curb in
Guided Wright H~argreaves, Gulf
and Creole Petroleum. Higher by
as much were American Cyanamid
B" International Petroleum and
Niagara Hudson Power. Turnover
Of $4,000 shares compared with
t06,00Q Wednesday.
The Wilmington morning star., 1940-01-19
BALTIMORE HOGS

BALTIMORE, Jan. 18.-GP-W.
S. Dept. Agr.)-Hogs 900. Steady.
Good and choice 160-210 lbs. Sos
30, practical top $50; 14o-16O ID.
light lights ~5.85-6.1O; 220-240 lb.
medium weights 5.75-6.00; 120-140
Id. slaughter pigs 5000; 25o-30O
lb. heavy butchers 5.35-75. Packing
sows 4.3O-8O, according to weight
The Wilmington morning star., 1940-01-19
COTTON

NEW ORLEANS, Jan. 18-R-
The average price of middling 1916
inch cotton at ten designated south
ern spot markets was two h1gher
at 1924 cents a pound; average Tor
the last 80 market days was 1881.
Middling 7-8 inch average 1915 cents
Il pound. Z
The Wilmington morning star., 1940-01-19
NEW YORK 7 I

NEW YORK, Jan. 1S- Up The
cotton futures market seemed to
have squirmed into a mo mans
land" today where buyers and sell
lers were equally cautious.
Final prices were up 8 to 5 points,
helped by firmness at Alexandria
and Bombay markets, but dealings
were thin from start to finish.
A little foreign selling dribbled in
to the ring together with sales which
represented hedging against loan
cotton equities purchased by south
ern spot firms. Trade price fixing
and spot house demand were the
main price props.
One broker figured out the pre-.
sent stalemate this way:
When prices get above the cur.
rent II cents a pound for March and
around 10 IL for July, farmers -
tempted by the rise-redeem their
cotton from government loan stocks
and take it to market. This means
hedging sales, against purchases of
the cotton, will increase in the fl
lures market.
Keeping quotations up. howeve.
were such influences as steady for
eign markets and persistent demand
from domestic mills.
Worth Street cloth dealers said
mills appeared to be resisting at.
tempts to get textiles at concessions
but small business was done.
Exports Wednesday 3O,256 bales;
season so far 3,569,401. Port re.
ceipts 20,627; port stocks 3,346,88O.
Range follows:
The Wilmington morning star., 1940-01-19
Omen High Low Close
NEW YORK BUTTER

NEW YORK, Jan. 1S.-R-But-
ter 672,0 42, firmer. Creamery, high
er than extra 80 1-4-33; extra
(92 score) 80; firsts (88-91) 30
81 ga; seconds (S4-8O q T.
20 IL.
The Wilmington morning star., 1940-01-19
N. 0. OIL

NEW ORLEANS, Jan. 1S.-R-
New Orleans cottonseed oil closed
steady. Bleachable prime summer
yellow 7.04n; prime crude 600;
Jan 6.54b; Mch 6.56b; May Sob;
Jly 6.80b; Sep 6.85b.
b-Bid; n-nominal.
The Wilmington morning star., 1940-01-19
SELLING IN STEELS AFFECTS EASY-GOING MARKET

receiving it's pictures by wirephotot
compared with 20 four years ago.
Members in a round-table discus
sion took up all phases of service Of
the Associated Press, and especially
complimented the handling Of war
news.
The Wilmington morning star., 1940-01-19
CHICAGO

CHICAGO, Jan. 1S.-R-(U. s.
Dept. Agr.)-Potatoes SO, on track
387, total US shipments sos; no
morning sales account Of weather.
The Wilmington morning star., 1940-01-19
No. 8 n follows:
SPOT COTTON

NEW ORLEANS, Jan. 1S.-R-
Spot cotton closed steady two
points higher. Sales 2,199. Low mid
ding 1902; middling 11.212; good
middling 11.47. Receipts 11,502;
stock 941,531.
The Wilmington morning star., 1940-01-19
NEW COTTON

NEW ORLEANS, Jan. 1S.-lF9-
Foreign and domestic trade buying
and the continued large export
movement had a stimulating effect
on cotton futures here today. Clos
ing prices were steady three to
seven points net higher.
The Wilmington morning star., 1940-01-19
PEANUTS

SUFFOLK, Va. Jan. 1S.-Q'-
Peanut quotations: Jumbos =;
bunch 3 3-S to 8 "a; runners j.
3-8 to 3 IL. Market quiet.
The Wilmington morning star., 1940-01-19

Cabbages were brought into Eng
land from Holland about 1910. Crom-
wells soldiers introduced them into
Scotland.
The Wilmington morning star., 1940-01-19
SPOT COTTON

CHARLOTTE, Jan. 1S-R-Spot
cotton 1880,
The Wilmington morning star., 1940-01-19
CHICAGO LARD

CHICAGO, Jan. 1s.-R-Lard
~tierces cit: loose $40; bellies 900.
The Wilmington morning star., 1940-01-19
TAX LISTING

The Machinery Act provides that Poll and Tangible
Property tax returns shall be made to the list-taker
during the month of January under the pains and
penalties imposed by law.
OWNERS OF AUTOMOBILES SHOULD BE PRE-
PARED TO GIVE TAX LISTERS FULL INFORMA.
TON AS TO MODEL, YEAR OF MANUFACTURE
AND STATE LICENSE NUMBER.
Wilmington township tax listers will be on the main
floor of old court house daily $3.50 A. NJ, to $50
P. M, (Sundays excepted, beginning January End,
1910.
County tax listers will meet their usual appoint.
ments as advertised.
Harnett listers will meet at the court house jan
uary 18th, 9th, 29th, 30th and 31st.
Cape Fear, Federal Point and Masonboro listers
will meet at the court house January 3Oth and 31st.
]. A. ORRELL,
County Auditor.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
U. S. WINS WELL
PLUGGING ACTION

Judgment for the government
against J. F. Forbes and the Hart
ford Accident & Indemnity Co. was
ordered in the United States dis
trict court here when Judge Charles
n Pray held the government may
recover cost of plugging a well on
permit issued to Forbes. The
Hartford company wrote $1,000
bond to indemnify the government
in case Forbes failed to comply
with the requirements of the per-
nit, on Cat Greek acreage.
The permit was issued in 1920
and cancelled in 1927. The govern
ment contended that because of
Forbes failure to plug his test
well, which was a water producer,
S2,S25 expense was incurred in do
ing the work. Judgment is for this
amount and costs.
There were two actions, one a.
gainst Forbes and the other against
the bonding company.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19

THE NEXT NEW POOL

ny o great fortune was ever amassed
without a hcartbreak and the for
tunes created by Kevin-Sunburst
field have not been the exception to the
rule.
Last week we referred to the period
of greatest dependency the field has
ever known" That was the time when
il was found that the Sunburst sand
producing horizon did not extend over a
large area: when offsets to the Sunburst
discovery well came in DRY. The de-
velOpment of the field was given ter
rife setback and it was not until the
completion of the first flowing wells on
the HOwling farm that most of the OPP
orators returned to the field.
The significance of the producing Sum
burst sand and the adjacent dry holes
was never grasped in those days. Why
a continuous sand should have one pool
of oil in 1T, surrounded by dry holes,
seemed to suggest problem except to
one geoiOgist of our acquaintance. That
was Major G.. G. Howard. who spotted
the Sunburst discovery well.
''Tt is related to fauIting" ne said
None else agreed with him on his fault
theory. He was wrong, in fact There
are no major faults He merely used
the wrong term There are "Iines of
fracture" i'm this field but no dispIace-
nlcnt such constitutes a fault. How
ever, fsle chief accumulation of oil is
along the lines of fracture in the Madison
lime which he and the late Charles En-
mons called faults" They mapped two
faults the original map, the Emmons
fault to the south and the Kelvin fault
to the north. Howard mapped "high"
where the Sunburst sand pool is located,
spotted well on it and found oil But
actually no such 'high'' exists. How
ever, there was something to make How
ard think that oil was present-and so
it was that the great wells of the Baker
and HOwling farms confirmed his guess
or whatever it was.
We have been discussing this theory
of ''crackolOgy' and 1t has brought a
great deal of discussion. The theory is
not our own. This week we sent out a
bulletin to members giving them advance
information regarding the drilling of
a well in an undeveloped portion of
Kevin-Sunburst field where mere SHOW
INGS of oil have been found in earlier
drilling. A study of the logs of these
wells reveals the requisites of a potential .,
new pool.
There will be many more pools work
ed out from the logs of old wells.
Where there is deep seated crack in
the lime through which oil may have
migrated from lower source beds, there
is always the possibility OF a pool, be it
on the top of the Sunburst dome or on
the lower flanl1s.
There is no good surface evidence of
most of these cracks, save along the
major faults enumerated, but drilled
wells furnish plenty of evidence. 1t is
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
MONTANA INCOME Is
ABOVE u. S. AVERAGE

WASHINGTON-Income per capt.
ia in Montana amounted to 1852
in 1899. compared with national
per capita income of $3.50, the COM
merce department announced today.
Mississippi was lowest with $203
and New York the highest with
$S25.
The S536 average for the nation
compares with $515 in 1898; $679
in 1929, the peak prosperity year,
and 1916 in 1888.
The 1899 per capita income of
1852 for Montana compares with
$50 in 1888, S645 in 1929, and
$337 in 1893.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
MONTANA REF1NERs FIRsT

1t looks though better times hand the oil business,
especially in Montana Reenance of Canadian buyers into the
doubtful value that it
viii be great help producers they into the winter
However competitive crude market has its dangers We have
refining industry chbked the by the
of producers who could beyond extra dime
barrel for crude 1t should not happen again.
1t impossible that with continuance of Canada
will need lot of Montana crude 1t will be serving
have this oil aid the British Empire but may
shortage of oil Montana refinery
Montana re should have first call this
outside market might pay bonus No producer
threaten the permaneny existing Montana refinery
selling his crude outside buyer price which Montana
timers afford to pay.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
NATURAL GASOLINE. AUG. 1910

The production OF natural gaso-
line decreased slightly in August,
1910. according to data reported
by the Bureau of Mines. The daily
average in August was 6,341, 900
gallons compared with 6.346,O0O
gallons in July. Decreases in the
Appalachian, Panhandle. and East
Texas districts were about balanced
by increases in Louisiana, Texas
Gulf. and Kettleman Hills districts
Stocks continued to increase tot
aling 323,484,O0O gallons on Aug
ust 81 This was 4,956,O0O gallons
more than on hand the first of the
month and 45,276,OOO gallons more
than a year ago.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
TANK STEEL FALLS
CRUSHES WORKMAN

sHELBY-Arthur Rensman was
severity injured Tuesday afternoon
at Sweet Grass when struck and
pinned beneath a 2,40O pound sheet
of tank steel. One foot was badly
crushed and several stitches were
required to close a neck wound. He
may also have suffered internal in
iuries. The accident occurred when
chain which was being used at
a hoist broke and released the sec
ton Of tank being loaded into
truck. Rensman, a trucker, had
the contract to haul an SO,000-bar-
rel dismantled oil tank from Conrad
to Sweet Grass.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
ROYAL TIES DIVIDED

HELENA Montana banked $42-
949.9S as its share OF collections
made by the federal government
under the mineral leasing act.
State Treasurer Ray N. Shan
non said the sum represented the
states portion of bonuses. royal
ties and rentals during the fiscal
year ended June 80. OF the amount
$21. 474.99 will be credited to the
highway fund and S21,474.99 to
the state public school general
fund.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-10-19
CRUDE sToCKs nECREAsE

Stocks Of domestic and foreign
crude petroleum at the close of the
week ending October 5 totaled
263,551,0OO barrels, according to
data reported by the Bureau of
Mines. Compared with the revised
total of the preceding week. this
represents a decrease of $4,000
barrels, comprising an increase of
$4,000 barrels in stocks of domes-
tic crude but a decrease of $780,
600 barrels in stocks of foreign
crude. Heavy crude-oil stocks in
California. not included in the Ere
crude stocks, totaled 12,-
564, 600 barrels, a decrease of 2O1,-
600 barrels from the amount on
hand September %.