davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-03-19
Cancels ENGAGEMENTS

Mrs. D. H. Gienty, widow of Col.
Gienty, has Cancelled all social en-
gagements because of the death of
her brother, Mr.. Marvin Wiseman
of Long Beach and Los Angeles
Mrs. Gienty makes her home at the
MayfoWer.
Evening star., 1940-03-19
Gives Final Lecture

Mrs. Georgette Ross Howard pre-
sented her final lecture of this sea-
sons series this morning at the
Sulgrave Club. Her subject was re-
cent events in the national and
international scene,
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

down % keep her knees from show
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09
OCTOBER INDEX

'ConuDued from Page Onel
So The index for gasoline stocks
has varied from 14O to 146 during
he year and now stands at 143
which, is little improvement over
the January level Based on sound
economic level for these gasoline
stocks, this index should not exceed
approximately 100.
The cause of the unfavorable
storage position has been the high
output of crude oil and the exces-
sive rate of refining. Throughout
a large part of the year. the index
for crude production has been
above the index for gasoline de-
mand which can result only in adj
ditiOn to storage of crude oil or
refined products. With stocks at
excessive levels, output must be
lower than consumption if any pro-
gress in reducing stocks is to be
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09
THREE MONTHS
PAY FOR TExAC0
DRAFTED men

Pay for three months, in addi-
ton to a military leave of one year,
will be given to each of the 1880
men of draft age in the TeXaco
Organization who have completed
a year or more Of continuous service
with Texaco and VINO may be selec.-
ed or who may enlist for military
or naval service under the Selective
Training and Service Act, the Ma
tional Guard, the Officers Reserve
Mobilization Act, or in any other
reserve organization, T. was an
nounced today by w. S. S. Rodgers,
President of The Texas Corporation.
For the first three months of
his leave, the employee will receive
his full company compensation. less
military pay and allowances. In
addition, such pension as he may
have accumulated under The Texaco
pension plan will continue to his
credit. Texaeo will also at It's own
expense continue his group life in
surance contributions, this keeping
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

pregnation improves their product
too.
Fruit packers buy oil to spray
apples and other smoOth-surfaced
fruit. to prevent decay, loss OF mois-
ture. and scalding. Fruit growers
buy oil for use as an ingredient OF
summer sprays for orchards. Meat
packers use oil on meat hooks
chutes. knives, and other equip
ment which must be kept clean
rust-free, bright, and shining.
Rubber manufacturers buy oils
for compromising in white side wall
tires and in white mechanical rub
Der goods, and plants handling
feathers use light oils to lay the
dust on their product. Paper max
ers buy oil to use for wetting and
milling pulp in heaters, and the
textile trade buys oil for certain
treatment of woolens and other
goods.
While the controversy between
coal heating and oil heating is rag
ing, he oil salesmen sell the coal
folks oil sprays which. applied to
coal at boiler houses, are report
ed to increase overall efficiency
several per cent and reduce coal
costs zoe a ton.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09
GOOD JUDGMENT MAKES GOOD LUCK

5 and the diagonal offset, the Pacific
NATURALIZATION No 4, were both dry
at the contact" Their spectacular pro-
ductiOn, without acidizatiOn, would have
been missed entirely had they not been
drilled 10 feet or more into the lime
The Ohio knew nothing of this cOndi-
ton when the Rittenhouse well was
drilled, on higher structural contours.
Early wells on the Aloe nose serv-
ell only to furnish subsurface data as to
the structure. However, wells drilled
much lower on structure have found oil.
Notably, well drilled in Section 3-33-
4W, about four and a half miles west
and south of Aloe, had a considerable
flow of gas and reported showing of
oil in the lime. The well was taken ov-
er a year or two ago by Glacier Pro-
duction CO. and is being maintained as IA
gas well and Glacier Production Co. has
"a considerable block of leases surround
ing this well, which is proof sufficient
that there is OIL and gas in the lower
contours of the Aloe nose.
All these facts have been known to
everyone for years past and when Sam
tn Rita moved quietly in and took $4,000
acres of leases, it was no miracle and
certainly not matter of luck The
structural condition was shown in the
greater detail by f. C.. Plat his con-
tours based on sub-surface data prOvid-
ed by wells drilled.
Many royalty investors buy only roy
alties under leases held by chosen
Standard company. The investor feels
that the Standard company works on
careful geology, with a fund of infOr-
nation that will be translated into a
profitable drilling operation; also that
the Standard company, with it's corps of
petroleum engineers and other experts
VIII get a maximum amount of oil out
of the ground.
The investor usually figures on max
ing more than the operator, on a given
tract. As an example, he knows that If
il costs $4,000 TO drill a well, the
operator must produce $22, 800 worth of
oil to get back the investment drilling
alOne-since the operator gets only
S71k 20 of the OIL If the investor
buys a royalty ON a basis that he will
get a return ON his Investment when
the lease has paid out $4,000 worth
of oil, he will have made a profit even
before the operators investment has
been paid out.
Since Standard companies are not ac-
tive in Montana, we must apply that
method to successful Independent COM
panies such as Santa Rita and others.
It occurred TO us to check the method
as applied to the success of the manage
ment OF Santa Rita, dating back to Kew
in-Sunburst operations. We compiled the
production of each lease in Kelvin and
Cut Bank fields now held or formerly
held by Santa Rita heads.
"Supposing', we reasoned, that we
had reIigiOusly adhered TO the rule that
we would buy one percent landowners
royalty on each and every lease oper-
ated by the present Santa Rita manage
ment."
We found that 26 leases have
been developed by them in the
two fields.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

TWN HE re-entrance of L. b. Tip"
O'Neil into Kelvin field this week
excited a discussion of 'luck' as
applied to the good fortune of Santa
Rita in having been able to pick up
"a lease block Of some $4,000 acres across
the Aloe "nOse"-in an area within the
present producing contours of the field
and definitely proven as petrOliferOus.
We took issue on the term luck" I'M
less luck be defined as something that
can be ACCOMPLISHED rather than
something that just happens.
Luck" was not responsible for the de-
velOpment of the RimrOck high gravity
oil pOOl-also on the west slope of this
field. The Rimrock pool was developed
because there was q known structural
condition present, together with shOwtngs
of oil in wells drilled The wells which
had shOwings of Oil also had water. The
group of Kelvin operators who organic
cd the RimrOck company had to eX-
crcise great skill in handling their wells.
The fact that they made flowing oil
wen out of a water well reflected skill
rather than luck. Their first well on
the Schmidt farm was a water well but
intelligent use of acidizatiOn, back pres
sure and other modern methods turned
it into an oil well and subsequent wells
have been so handled that the company
of oil and marketed the crude at pro-
fit amid the most trying times in the
history of the field.
without the Houston map which show
ed the high" and without skill Of hand
ling, it would have been truly luck" to
have such success. But all these factors
combined to give luck
A second pool developed ON the west
ID aunG fHan.
same situation obtained here. The struc-
tural condition was known for years be-
fore the pool was developed. Before the
days of acidization, the shOwings Of oil
in the wells drilled were sufficient only
TO condemn the area. When acidization
came "Bfll' Cassidy tried it out for the
first time In new territory In Kelvin field.
Acid made a producer out of show
ing of oil and ushered in development OF
Rocky Ridge pool which has given the
field some of its best wells. The presence
of the nose was known, and the pres
ence of oil in the district was known.
IL was not a matter of luck that acid
reacted on the lime.
The presence of the Aloe nose" has
long been known. 1t was first mapped
by the United States Geological Survey,
appearing on the Collier contour map.
At that time some wells were drilled at
the top OF the nose, as mapped, anu
abandoned. Wells drilled by Guarantee
Oil company had considerable oil, but
acidization was not known until some 10
years later. Ohio Oil company drilled one
well on the Aloe nose but In those days
Irillers were ''lime conscious" The min
ute they saw white lime on the tools,
they were ready to plug and abandon. So
the OhiO's test on the Rittenhouse farm
was abandOned-drilled but one foot In
to the lime.
But little of the important production
on the west slope Is being produced from
the top of the Inle-known as the "con-
tact" Most of the big wells are getting
their oil at from 10 to 90 feet below
the top of the lime. The recently com"
pIeted Fulton Petroleum-Thompson NO.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

Little Girl TO ponceman) Can
l trust your"
Copper: "What?"
L. G.: Can / trust yOu?"
Copper: why, certainly. all lit
tie girls can trust policemen.
l.. G.; All right. ethen, please
button my panties"
a driller from old Montebello
Is really a terrible fellow;
In the midst of caresses
He fills ladies' dresses
With garter snakes. ice cubes,
and jello.
Hell. yes. said the devil, pick
ing up the phone
A woman is a person who wears
skirt short enough to show her
knees and self-consciously pulls it
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

These 26 leases have produced
a total of 4,799, SOS. 40 barrels of
oil of value of 1924, 1858, UP
to January of this year.
Accordingly, were there roy
atty investor who held 1fo roy
atty on each one of these leases,
he would have received up to
January 1 total of $62,243.68.
What would have been his profit?
That would depend upon the one most
important factor: the price. 1t is appar-
ent that if the investor had paid $685.
600 for his royalties, he would have no
profit. Had he paid $31 600 for his roy
alties he would have a profit of 100 per-
cent. Had he paid $4,000 for his roy
alties he would have profit of 800 per-
cent-and so on.
Here arises the essential factor of
YIELD PER- ACRE. The informed i'm
weston win take risk on WHETHER
there is OIL present ON a tract, but he viii
not risk paying too much for it. The
Lashbaugh so acres in this compilation
showed a total yield of $500, $40 or
$7,823 per acre. Reduced to a basis OF
10 royalty, that is $76.23 per cent per
acre. To the man who paid 81 per cent
acre-the going price on wildcat roy
alties-that is a tremendous return
$40 for every 81 invested. But to the
unwise investor who might have paid
$40 per cent per acre, it would be an
actual loss for he would have lost the
interest ON his money. The investor VIII
not be guided by the exceptional but by
the AVERAGE yield Thus he will not
use California yardstick I'm measuring
Montana royalty values. He must have
a Montana yardstick of values to make
money in Montana.
1t becomes apparent that the greatest
odds in the oil industry are afforded by
investments ahead of the drill. The
Aloe district, as an example, may not
produce a barrel of oil. However, the
history OF development the known struc-
turaI condition, the showings of oil I'm
wells drilled and the possibility of uti-
IizatiOn of acidization, lends sufficient
probability that the Judgment of an OPer-
atOr successful as Santa Rita has
caused the leasing of a 14,OOO-acre baock.
The fact that this block is well within
the producing contours of the Rtmrock
high gravity pool TO the north makes 10
appear that Santa Rita was very lucky"
to get this lease block. However, the
facts have been known for years. 1t was
merely q matter, we see 1t, OF taking
advantage of "a very obvious opportunity.
The same rules of opportunity apply
to the royalty investor The man who
buys a royalty bIindly, depending ON
luck" to make him rich is not likely
to succeed. It takes more than luck,
in our opinion, to succeed I'm any line OF
investment After 18 years OF study OF
the investment opportunities OF the Mon
tana oil industry, this organization offers
the essential educational facilities to
those interested I'm joining in the pur-
chase of royalties. We buy the partic-
uIar type of royalties demanded by our
members, based ON their judgment.
Offering sheets are sent only to those
who request them.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

his insurance in full force.
The Texaco Company states tina.
upon his return to the service of
the company, each employe will be
restored to his position without loss
of seniority. All The benefits of
The Texas Company's accident and
sick benefit plan and permanent
and total disability plan will be
restored and the employee will re-
ceive credit for service during the
period of his leave.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

Weep to The tale Of Willie rs.
Who me- a girl whose name was
KS.
He courted her at a fearful RS.
And begged her soon to become
his Ms.
Il would II could" said lovely
KS.
4 pity your lonely, unhappy
SITS.
But alas. alas. you've come to
Is.
I'm married already. The moth
err OF s."
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

made. says the Independent Petrol
cum Association.
The most consistent trend has
been .he decline of prices during the
year. Tank car gasoline prices
have fallen, steadily and tine index
for these prices stands at 50 for
October as compared with 9S for
January. The index of crude prices
percent Of the base period is now SO
percent of Of the period while in
January 1t was 98.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09
Versatile, This Stuff
GENERALLY Known AS Oil

The average person ankcase of his auto
perhaps IN
while puts hinge but little does ne realize the
Notebooks OF oil
mon indicate that thew and their products good bit
in cold creams Ihe
quenching heated
They sell used by butchers to
wrap meats Impregnaed OIL the weproofed and strong
find that oil inn
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

A prospective customer entered
an art shop.
1t want 20 see some OF those pic
lures that are done by scratching, -
he said to the clerk.
The clerk thought a moment, and
then his face lighted up.
oh, yes" he said, you mean
itchingsl"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

NM is the blood of the earth tlO1cdng through for
fumes field only to enrich the courageous 1t
- sometimes REGARDS the non-ttHkmg BUSINESS
slacker b uc1cr lifts the burden from the back Of
business co7suyd Its Plus marks Of success generally
90 to those 7yho combine degree Of thought 7'4H
action
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09
COURT WON'T INTERFERE

WASHINGTON - The supreme
court refused to interfere with a
circuit court decision holding that
the federal wage-hour adminis.ra-
ton could subpoena records from
employers.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

SEND A CONTRIBUTION
TO THE SUNBURST BADGER
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1940-11-09

The hotel seemed very stuffy to
.he oil man. just returned from
an oil fields camp where there
was always plenty of fresh air. In
vain he tried to sleep. Before get
ting into bed he had endeavored
to open the windows but found
hem all sealed. He tossed and
turned until, at last. in despera-
ton he got out of bed, wrapped a
towel round his hand and smashed
a window. Then he breathed deep
w. got back into bed and fell into
deep and refreshing sleep.
Next morning he had 20 pay $500
for smashing the mirror above the
bureau
Once a boy and a girl went to a
ing college dance. They danced
awhile to dhe music of the band.
which was very good, and then he
suggested that they go ou. on the
balcony (w'here the cool breezes
hew) and talk awhile.
So they went out on the balcony
(where the cool breezes blew-and
talked awhile-and was she mad
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-02-26
Local Store Plans
8Oth Anniversary
Miller PeCI1s Enjoys COmmunitys Highest Respect;
Ideals of Founders Faithfully Observed for Years

its 80th anniversary and viii find
the Miller & Peck company deeply
entrenched in the esteem, respect
and confidence of Waterburians. The
little store Of the SOS Is not only
Waterbury's Oldest mercantile eStab-
hshments, but rates among Conn
scticut's best known.
The firm has weathered wars,
economic depressions and civic cal
antilles and is carrying on in the
traditions set by the founders,
Charles Miller. and Henry Hart
Peck. Mr.. Peck retired from the
firm in 1887 to become president of
the Dime Savings Bank, now the
Waterbury Savings Bank. The firm
was incorporated In 1891 with Mr..
Miller as president and Charles E.
Hall as secretary and treasurer.
Other incorporators were Samuel N.
Osborn, John H. Selbie and Freder-
lex w. Tate.
Mr.. Miller and Mr.. Peck were
both descendants Of old colonial
families, the former coming from
New Britain and the latter from
Berlin, Conn.,, the son Of Selden
Peck. Their business was first es-
tablished in Baldwin's block on
Bank street, moving a year later to
the Hotchkiss block on East Main
street almost at Exchange Place. In
1854 the store moved to the site it
now occupies. The business was
small, however, and used only one
floor with two large windows. The
firm grew steadily In spite Of a bad
fire on Washingtons birthday 1894
and in 1901 the T. F. Judson store
was leased. In the enlarged quarters
the stock was expanded. The store
sold harness for a time and later
on automobile accessories. Since
then the store has been enlarged
again and again. The last expansion
was in 1880 when a large building
on Brook street was acquired pro-
viding an easy by-way to East Main
street from South Main street.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-02-26

Congressman J. Joseph Smith,
who went on record in Congress
Friday, for an extension Of the re-
ciprocal trade program, prefaced his
vote with the following statement:
We vote today on one Of the
most important questions of gov
ernmental policy to fact us in
many years. The Trade Agree
lnents Act has a major effect on
both domestic business and fore
Ign relations.
The principles Of the Act must
be preserved and extended. II this
debate has brought out one thing,
It is that the old system Of tariff
making will not work for the
benefit Of the country as q whole.
each party accuses the other in
drafting tariff laws when that
other party was In power In the
past, Of log-rolling, favoritisn,
sectioualism, and q complete dis
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-02-26
JOBLESS HUSBAND
GIVEN JAIL TERM
Failed to Seek Employ
nlent to Support Wife,
and Family

Jessie Mazon, 26, colored Of Ban
tam Lake, arrested yesterday ION a
warrant charging non-support, was
sentenced, to serve six months in the
New Haven County all by Judge
Theobald =. Conway in City Court
today.
Before being led away Macon
asked the Judge: "What good will
1t do to send me away? ! can't get
no work."
Macon was charged with failing
to contribute to the support Of his
wife and family for more than a
year. He was granted continue
ance by Judge Conway last August,
and disappeared two days later.
The colored man told the court he
had been living In Bantam Lake
since that time with friends.
II don't do nothing there" he
said, after explaining he could and
no work anywhere.
His wife testified that when she
saw Mazon wouldn't support her
she went out and got q job Of her
own at 912 a week.
I'VE got another baby now" she
told the Judge. "But Jessie never
seen him."
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-02-26

regard for the rights Of the in
dustries and interests represented
by members Of the political min
GRITTY as well as o blindness to the
effect on the country as q whole.
The story told here OF bills so
vitality affecting the internal well
fare and foreign relations Of the
country framed in secret on in
sufficient information, adopted by
party caucus and jammed through
the Congress illustrates the i'm
possibility Of workable results
under the old system.
General welfare First
Our Republican friends claim to
have originated the idea Of reci-
procal trade agreements. All credit
is due to those who did orgininate
the idea, regardless of party. Par
tiularly In matters Of this import
ance the general welfare must
come first.
The exhange Of good Is essen
tial to the well being Of all our
people. The best method to pro-
mote that exhange must be
adopted by us here and now. Most
Of our production Of farm and
factory Is for exchange with the
producers Of other goods within
our own borders. Many articles
can be produced by our workers.
on farm and factory In greater
amount than we can make use
Of them here. For these goods we
must seek foreign markets In
order that our own workers In
their production may be able to
purchase more Of the goods our
industry and agriculture product.
We must seek TO exchange our
own surplus production for the
things from abroad for which we
have need.
How can we best do this, by
sitting and raising walls against
the world, defying other nations
to do likewise, or by negotiating
with the other nations for mutual
advantage In the exhange Of
goods?
The answer is obvious. Friendly
negotiation Is far preferable to
an amending hate-breeding series
Of retaliatory acts by nation
against nation.
There Is opposition to the trade
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-02-26

BY NEA Service
Out Of the political gloom of the
middle west emerge the shadows Of
three black horses-three little boys
who grew up announce they are IN
the race for President.
Earl r. Dunning Of Saginaw,
Mich, Is willing to give up his WPA
Job to become the nations leader
and solve its troubles by pulling the
governments long nose out Of bust
ness. He has asked % states to en-
ter his name in Republican pri-
maries.
Olin j. Ross, Columbus attorney,
IS making his quadrennial bid for
the Republican nomination. He fig
ures he's q cinch in Ohio because,
Taft, Mr.. Ross says, branded him.
self q wrong guy by opposing the
Bigelow pension plan.
Francis w. Durbin, another Ohio
lawyer, wrom Lima, Is an oldtime
Roosevelt campaigner, and will
withdraw his candidacy II FDR
wants a third term. Durbin Is a
member of the International
Brotherhood of MagicianS,
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-02-26
ssFundamentals"
Mckinney Topic In
New Bridge Series

William L. McKenney, Amer
ica's Gard Authority, Is entirely
unrestricted by bridge systems
Or theories Of play. Presenting
everything that is new in
bridge, he Is able to bring you
. wide variety Of data ON all
books and new ideas.
To-day, MIR. McKenney begins
. series Of three articles on
r. e. BrueIheide's book, Fund
amentals Of Play, offering val
uable tips to contract begin
ners.
You'll find everything about
bridge In McKenney's column
appearing daily in The Water
bury Democrat.