davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-01-28
Baltimore Stocks
Special Dispatch to The Star.


BALTIMORE. Jan. 2s-
Sales STOCKS. High. Low Close.
% Arundel Corp 15Is 151s 15B
"a Atl L Of Conn 1914 19L 1914
l Baltimore Transit 80 80 80
80 Braser- -Eisenberg. 80 30 80
10 Consol Pw AZ pfd 110A 11oA 110A
20 80 Esstn Ets sus as vt ! ! 7
IS Fidelity g. Deposit 1l9 lie, 1l9
80 Fidelity E i d.f = Gga, H!a.r 3J5M 39h 35,.
$500 BALTIC TT deb As A BAN 34st 34%
4 500 Baltic Trans IS 10O1a 1001a 1OOhs
Evening star., 1941-01-28
Freioht Lordines

NEW YORK. Jan. 20 0P, -Revenue
ing for the week ended January 25 in
Evening star., 1941-01-28
New York Sugar

NEW YORK. Jan. 2s P-D1mestic
sugar futures reflected fair. activity and
firm prices in the raw market today. Late
prices were ! point higher. with March at
2.O3 and May at 2.OS.
Scattered liquidation depressed world
future 1 10 10 , points; March. 014l2,
and July, 079h
An Eastern refiner purchased 1000 tons
Cents of an que on reD5qaFy Of Pbpnsss s ge
March 20 at 3 cents. An operator also
took 5000 tons of Philippines. February
March shipment at 3 cents.
Refined continued at 4.45 cents
Futures No. closed unchanged to ]
Evening star., 1941-01-28

Cottonseed oil closed steady Bleachable
prime summer Yellow 635 nominal: prime
crude 525b March. 603b May, 6.10b;
July, 62lh; September, 6.27b.
bid Nominal.
Evening star., 1941-01-28
Investing Companies

NEW YORK, Jan. % LP1.-National As
eocistion Securities Dealers, Inc:
CLOSING quotations
Evening star., 1941-01-28
New York Bank Stocks

NEW YORK Jan. % QP.-Nations' As
sociation Securities Dealers. Inc:
(Closire Quotations.
Evening star., 1941-01-28

rim bankruptcy OF receIyership or oelns
reorganlzed under the Bankruptcy Act or
securities assumeo by such companies
Rates of dividends IN the foregoing table
are annual disbursements based op the
last quarterly or seml-annual declaration
Unless otherwise noted special or extra
DIVIDENDS are not included
A Also extra or extras Cash or STOCK
Declared or paid so far this year. Pay
able in stock PAID last year hPayable
in Canadian funds K Accumulated div
idends paid OF declared this year wv With
warrants xv Without warrants war War.
rants sOnit Of trading less than 100
hares.i sales are Givap u full.
Evening star., 1941-01-28
Z Z EASU Z 7.

FEDERAL FARM MORTGAGE.
Is l944-49 1922 107.19 107.19
NEW YORK CITY soNDS
- 1880 102h l02 102h
Evening star., 1941-01-28
Chicuoo Stock Marker

CHICAGO. Jan IS GP,.-Following is the
complete list OF transactions on the Chi
cAgo Stock EXCHANGE today:
Evening star., 1941-01-28
BONDS ON N. Y. STOCK EXCHANGE

- srivsss wire a,rsss - n ssas.
Evening star., 1941-01-28
Cottonseed Oil.

Middling spot, 10.ssn.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Requests" of OPA
May Be Enforced
BIZ Court Orders

A statement issued recently by the
office of Price Administration indi-
Gated that there Is no intention to
disturb oil prices effective before NOV
Z, when the OPM "froze" crude oil
prices, except where changes are spe-
officially allowed. Moreover. competitors
viii be allowed to meet competition
without first notifying OPA, but OPA
asks the companies to send notifica-
ton that this has been done.
There is no rule preventing buyers
of crude to request permission to in
crease the price of crude, and hearing
viii be given, the OPA announced. At
present the office is relying upon
sense Of fair play" for enforcement
Of its requests" If a company vio-
lates a request" not to advance prices
prior to notifying Henderson's office,
the OPA will go into court Of equity
and ask the court to enforce the order
Of the department on the theory that
the public policy of the nation, as
exemplified by a presidential order,
should be carried out by the court.
No legal action has been taken by
0PA in enforcement Of its requests"
.hus far.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13

border. Owners Of the properties there
have been working them on q small
scale and several shipments of high
grade antimony sulfide have been
made to the plant of the Texas Min
ing & Smelling Co. at Laredo. Tex.
One of the cars shipped brought net
smelter returns Of close to 5000.
The Mineral Resources survey has
done some work in that district and
believes that a small mill in the dis
trict will be great help to the pro-
ducerS. The Mineral Resources survey
also has done some work on a deposit
of antimony oxide on the Comstock
claim near the Ermont mine about Is
miles west OF Dillon In Beaverhead
county. No production Is coming from
that property at present but as 1t is
one of the few bodies Of anthony
oxide found in the United States, it
might be source Of supply in the
future.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Wildcats Are
In Status Quo

Montana wildcats were In status QUO
during the past week.
Carter Oil Co.'S test on Little Beaver
dome, c SWa SEA 19-4N- 62E, has re-
cemented perforations and Is shut
down waiting on cement. Lines have
been buried and preparations made for
winter operation, which viii be de-
voted to testing and producing sands
In the upper lime formations. Lower
formations have been cemented off.
Sweetgrass Kills
A-A Oil Co.'S test on Arch Apex
structure, near the West Butte of the
Sweetgrass Hills, in Sc SW3 SW5 81
37-2E, had difficulty in hating caving
shales between $50 to 900 to set pipe at
1910 feet. AS it is expected to carry the
pipe, the cave was completely cleaned
before setting the pipe. Light oil sat-
uration and gas In the shales in the
20-foot spot may have caused the soft,
caving formation, drillers say.
Chester District
Southwest of Devon, Walter Drout
had more trouble this week on his
Tieltges No. wildcat, Sc SEA SWa
21-S1-5E. After cementing off lost
bailer he drilled on down and the
bailer fell back into the hole. He Is
again sidetracking, at 1900 feet.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Manganese Plant
At Butte Becomes :
Var Essential

BUTTE-"We hope increased pro-
duction Of manganese in the Butte
area can go long way toward max
ing the United States independent Of
overseas sources Of the metal" Charles
J. Graham, president Of the Pitts
burgh g. West Virginia Railroad Co.,
declared in an interview here.
Graham was In Butte to inspect the
manganese treating plant at Anacon-
da, where ore mined in Butte is re-
fined.
In past years, practically ali Of the
manganese used in this country was
obtained from Russia, Africa and other
overseas sources. With the possibility
that these overseas sources viii short
ly be shut off, the Importance Of the
Butte supply has increased since the
start of war with Japan.
Graham was accompanied on his
visit here by Frank j. Gavin Of st.
Paul, president of the Great Northern
Railroad Co., and other Great North
ern officials. The party was met here
by a group Of Anaconda Copper Min
ing Co. officials headed by D. M.
Kelly, vice president.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Butte Mines Go
On 7-DGu Basis

BUTTE-The Butte Miners union
has accepted proposal Of the Ana
conda Copper Mining Co., whereby all
mines win operate on a seven day
basis, and the miners on a six-shift
basis.
The proposal was unanimously
adopted, and the penalty against min
ers working more than 40 hours a week
was abolished. Mines are now on q
five-day week basis.
Union officials announced that they
would meet later with A. @. NJ. COM
pany officials to discuss plans for
speeding up production.
The proposal carries overtime pay
as provided by law and union con-
tract. It also states no men shall be
laid off because Of the change.
Company officials said it would prob
ably take one or two weeks to make
changes necessary so that the new
work can operate smoothly.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Pig Iron And
Pig Heads

The choice between social reforms
and winning the war seems TO be one
Of the greatest issues in Washington,
with social reform In the saddle. In
its determination to regulate lead
prices at all costs the OPM refuses
to allow the oil industry to buy its
own lead understanding marginal
mines which cannot be operated at
present lead prices-to secure enough
lead to provide tetraethyl lead In 1912
for all civilian as well as war and
leaSe-lend purposes.
mo" said OPM, saying that II the
mines were so operated, the lead would
be taken over by the government and
the public will have to go without
tetraethyl lead, except as previously
allowed. A little higher price for lead
would allow Mexican lead to be i'm
ported, to solve the problem of the
shortage. But again the answer is
mo"
Pig lead and pig heads-there's the
problem.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13

evidently VIII nave to come from
large bodies of very low grade ore
or from hundreds of scattered
deposits of medium grade milling
ore now known or to be found in
the future.
AT these smaller deposits there
usually is not enough tonnage to war
rant the erection OF milling plant
and there is thus no market for these
medium grade milling ores.
However, If the United States gov
eminent will establish central buyiug
agencies In the western states. and
set a price, or subsidy over the pres
ent proportionate price, for medium
grade milling ores and for small lots
of high grade so as to make It profit
able to prospect for, develop and pro-
duce such ores, we believe that stock
piles viii be established which can be
milled at some central point or mixed
with higher grade ores, when, as and
If such supplies are needed.
I'm short, these stockpiles Of domes-
tic strategic minerals will be available
and viii eliminate the delay that would
be encountered due to prospecting for,
developing :. as the situation becomes
more critical.
These stockpiles win be positive In
surance against a shortage OF these
needed minerals, and the cost of the
medium grade minerals In the stock
piles, CLEANED from scattered proper
ties, win be no greater to the govern
ment than purchasing and milling
large, very low grade deposits concen-
rated in one locality"
The letter pointed out that mining
was different from manufacturing, In
hat additional ores must be found In
existing mines and prospecting must
De stimulated to find new mines.
A manufacturing plant usually can
its output quickly as it does
lot have to go out and prospect for
'aw materials
The letter urged the program to
simulate domestic production of tung-
ten, black and pink manganese,
chromium and other medium grade
Milling ores Of strategic minerals for
which no present market exists.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
OIL MEN ASK
FOR CHANCE TO
GET MORE OIL

on men Of the nation, fearful tina
the pegged price Of petroleum viii re.
suit in a shortage of motor fuel at 8
time of great national peril, are bear
ing down hard on Washington officials
and especially the OPA1, to get price
increase of from IS to so cents per bar
rel. It is no longer a question Of cheap
er oil but of enough Oil to keep the
] nation In high gear IN its war enter
I prise.
The ability of the United States pc
troleum industry to supply the crude
oil needed for the defense program
and for the usual domestic markets
industrial and private consumers-de-
ponds upon the finding Of new fields.
Because Of increased costs Of &C
curing and finding the new reserves
and Of producing from those now ex-
isting, there is not sufficient incentive
today at present prices for crude oil
to maintain the needed amount Of ex-
ploratory work, 1t is pointed out In a
comprehensive survey on crude petrol
cum costs made by the Independent
Petroleum Association Of America. The
report has been submitted to Price Ad-
ministrator Leon Henderson and Pc
troleum Coordinator Harold l.. 1ckeS.
The report is a detailed study Of the
cost Of finding, developing and pro
ducing crude oil properties during the
years 1874. It shows that the aver
age investment required for an oil well
has increased from $4,000 in 1887 to
almost SAL 900 in 194l.
On a per barrel basis, the cost Of
finding, developing and producing
crude oil has increased IS cents per
barrel since 1887. The present average
price of crude oil paid to the pro-
ducers Is cents less than 1t was In
1897.
Operating costs Of small wells Of
settled production - pumping wells
which make but few barrels daily
were found to have increased about |
80 cents per barrel in the period COW
cred by the survey.
Most of the discoveries of new fields |
are made by the smaller units in the |
industry. In 1910, approximately rs
percent of the new fields were found
by independent operators. Their abil-
ity to drill wildcat" or exploratory
wells depends upon the incentive OF
price for crude oil sufficient to return
their investment And, as large per-
centage of these wildcat" wells are
failures, the cost of discovery Of a new
field is by no means represented by
the cost Of any pioneer well in new
area.
A new factor has recently come into
he calculations on producing oil. That
S the salvage value of the equipment
lsed in producing the smaller wells. 1t
s now profitable to abandon what
ormerly was considered a good wen.
The steel and other materials can be
old today for more than the operator
an expect to realize from the sale Of
ii for long time ahead.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Urge Government to Buy Small
Lots OF Strategic Minerals

Montana urged the Office Production Management establish
central agencies for purchase sopng of small quantities of
strategic minerals encourage prospecting development and pro-
dcon OF medium grade for which there market
The proposal signed by Gov Sam Ford the Montana Pre-
paredness and Advisory commission Mining Association of Montana
Legion.
IF to adequate supply of domestic strategic min
erals for the future the letter the OPM said these minerals
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
North Star Is
Taking More
Montana Crude

Lee Yealey, producer of high gravity
crude in the Sunburst pool, Is now
selling his oil to the North Star re-
finery at winnipeg, Canada, which
plant has been using the capacity
production, also, Of the adjacent Hard
rock Oil Co. leases, together with some
spot Cut Bank OIL Shipments have
been running around 10000 barrels
per month. The Montana crude dis
places oil formerly obtained In Illinois.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
ILLINOIS CONSERVATION PLAN

WASHING TO Ma conservation
plan for the production OF crude pc
troleum in Illinois has been drafted
by the Office of Petroleum Co-ordi-
nator and is expected to be issued as
soon as 1t is cleared by the department
Of justice, which may be within a few
days.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
FLOu of Gas
In DeUOn Well

C. Leonard Smith has obtained a
flow of $4,000 cubic feet OF gas in
his Devon well, Smith, ines-Lewis
No. /, CNL SWa NWa 34-33-2E, at
765 feet in the Blackleaf sand in the
Colorado shale. The Devon gas field
is now delivering into the Great Falls
line
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
GO no mGHFST COURT

Litigation over the mineral rights
under railroad grant lands, started in
Glacier county, has been carried to
the United States supreme court.
Lower courts held that the railroads
did not acquire mineral rights on
rightS-of-
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
oPERATE BLAcKFooT MINE

Several men are now employed at
the Blackfoot mine in Powell county,
near Helmville, which was taken over
by Frank L. Metler of Spokane and
Carl Soderberg. A new diesel-driven
compressor and concentration are now
installed and In operation.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
MINERS CALL MEETING

A movement to get behind the ma
tional defense program viii be spon-
sored by the Montana locals Of the
international Union of Mine, AGin and
Smelter Workers at a meeting at Butte
tomorrow, Sunday, at Miners hall.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
The Texas Company
Drilling Report

MOffat County
MOffat-10-4N-91W, Lot NO, 8, B.
Knowlton No. Is, 47O1 feet-P-B to
1899 feet. Installing pump.
Rio Blanco County
Wilson Creek-26- N-94W, Unit NO
8, $500 Drilling.
WYOMING
SubIette County
La Barge-27-2TN-113W, q. 8. Gov
eminent No. 2-J, O7478-A. 1859 feet
Drilling.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
DREDGEs NINE MILE

Good results are reported by the
dry land dredge operation on Nine
Mile. Missoula county, by the Beaver
Dredging Co., being operated by Regi-
maid G. Demster of Missoula. The
equipment was brought in from Idaho.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
WHO rs MIR. FOSs9

The Great Falls Chamber Of Conn
merce has called attention Of OPM to
the iron ore deposits at Running Wolf,
south Of Great Falls. The OPM de-
MED that Luther s. Foss, mining en-
gineer from Michigan" was with OPM
or the bureau Of mines. Foss turned
down" the deposits.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
SuPERIoR PLACER MINE

Superior Mines on Cedar creek,
south Of Superior, is employing is
men, handling 100 yards of placer
gravel per hour. The company Is head
ed by L. L. Schauble OF Puyallup,
Wash, and C. J. Schauble is general
manager.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
PREVENT SABOTAGE

Plants OF Anaconda Copper Mining
Co. have been closed to visitors. as q
war precaution. AL snelters and power
plants are protected by armed guards.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
CRUDE on STOCK REPoRT

NNUWL VEL SAOOA hEF UNA
Stocks Of domestic and foreign crude
petroleum at the close of the week
ending NOV. %, totaled 242, 1884, 900
barrels, according to data reported to
the Bureau of Mines, United States
department of interior. Compared with
the total Of the preceding week, this
represents an increase OF $4,000 bar
rels, comprising increases of 0O3, 1000
and $4,000 barrels In domestic and
foreign crude petroleum, respectively.
Heavy crude-on stocks In California,
not included IN the ''refinable" crude
stocks, totaled 10.O92, 900 barrels, de-
crease of 10000 barrels from the
amount on hand NOV. "a.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13

Highway transportation has provided
the American people a new liberty
geographical freedom" More than
two out of every three families in the
United States own automobiles. ready
to move when and where desired.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
ASKS 7-DAY WEEK

OPM at Washington has asked that
all copper, zinc and lead mines be OBJ
srak@d ca q T-day three=saiss basis.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-12-13
Montana Offers Nation
Vast Supply War Minerals

Mining Association Of Mon
said part:
Evening star., 1941-07-13
Recent Activities
Of Social Note in
Fairfax Area

FAIRFAX, Va. July 12-Dr. anC
Mrs. Lachlan William Noble anc
their two children have left to spend
the summer with Mrs. Mobiles rela.
tives in Fremont, Mich.
Mr.. and Mrs. Kenneth Roberts
accompanied by Miss Martha V
Gicker and Mr.. j. c. Vance left
today on a motor trip to Niagara
Falls. Toronto and Quebec. Canada
the White Mountains, Kingston and
Long Island, N. Y. They expect to
be gone two weeks.
Mr.. and Mrs. R. M. Loughborough
accompanied by Mr.. Jimmie Maca-
leese, jr.: Mr.. Francis Macaleese and
Mr.. Patrick Macaleese, will return
today from Virginia Beach, Va,
where they spent week.
Miss Anne Farr, daughter OF Mr.
and Mrs. Wilson NJ Farr of Fairfax
and Miss Martha Chermside of
Orange, Va, are spending week at
Nimrod. Va.
Mrs. Katherine Hopper Of South
Boston, Va, is the guest of Mr.. and
Mrs. Marcel Pfalzgraf.
Mr.. James E. Bauserman, Fairfax
County supervisor of elementary in
struction, is in Williamsburg, Va
where he is taking advance work at
the College of William and Mary
Mrs. Bauserman is visiting relatives
in Washington, D. c.; Manassas and
Charlottesville, Va.
Evening star., 1941-07-13
Social Events
OF Interest to
Rockville Area

ROCKVILLE. Nd, July 12.-Mrs
Lester R. Bogley Miss Marian
Speare. Mrs. Joseph A Stimek and
Miss Margaret Tyler have returned
from short stay at Ocean City, Nd
Mr.. and Mrs. Stacey Belt and
daughter, Dorothy May Belt, re-
turned today from Denver. Col
where they visited Mr.. Belts brother
and sister-in-law, Mr.. and Mrs
Claude Belt.
Mrs. William D. Clark, who enter
tanned Tuesday afternoon, was
among Rockville's bridge party host
esses during the week.
Mrs. Philander r. Stansbury has
returned to Rockville after an ex-
tended visit with her son and
daughter-in-law Mr.. and Mrs. Bev-
erly Stansbury, in Baltimore
Miss Lucy N. Smith. daughter of
Mr.. and Mrs. Harold G. Smith, is at
Camp Mount Shenandoah, Va, for
a stay of several weeks.
Mrs. Mary Hines Mantell. who re-
Gently returned from Florida, is at
her home near Olney for the sum-
mer
Miss Helen Collins of the Mont
gomery County public school teach
ing force is at the home of her
parents in Jacksonville, Fla, for the
summer.
Mr.. and Mrs. Winslow RenshaW
and little son Michael are spending
several weeks at Cape May. N. j.
Evening star., 1941-07-13
ARkHOlES
NECKLINES

FIotterine combination eollors
of "Peter Pan" and notched-
coIIors "showI effects,
hiqh marrow revers and
"Johnny-type" collar.
Evening star., 1941-07-13
FallsChurch
Social Items
OF Interest
A. J. KnOxes Leave
By Motor for
Kentucky Trip

FALLS CHURCH, Va, July 12-
Mr.. and Mrs. A. J. Knox left today
for motor trip to Frankfort, KY.
Mr.. and Mrs. ROllo Smith and
their daughter, Miss Rosalind
Smith, are leaving today for two
week vacation at Kitty Hawk, N C.
Mr.. and Mrs. William McCaskill
and family have returned from
their vacation at Nags Head, N. c.
Mrs Samuel r. Copper left to-
day to visit her cousin. Mr.. A. c.
Moore of Baltimore, prior to spend
ing two weeks at Rehoboth Beach
as a guest of Mr.. and Mrs. Harry
Fellows. In August Mrs. Copper
will visit friends in Williamsburg.
Mrs. John Straitor of Green's
boro, Ala, is visiting her daugh-
ter, Miss Bessie Mae Stephens, and
Mrs. w. Leigh Ribble.
Miss Marian Robertshaw has re-
turned from a weeks visit to Chi
cagO, where she was the guest of
Mr.. and Mrs. Lewis S. Howard. She
also spent some time at Sauga-
tuck, Mich.
The Rev. and Mrs. w. Leigh Rib
BILE returned today after a brief
visit in Charlottesville, Va.
Mrs. Albert M. Miller entertained
Mrs. S. Parry Grubb, Mrs. Ather-
ton Mears, Mrs. c. w. Minear, Mrs
Roy S. Blough, Mrs Edward Vos-
bury, Mrs. Howard Middleton. Mrs
Albert Ware and Mrs. F. T. Moore
at luncheon yesterday
Mrs. George Robertshaw enter
tanned Mrs. Herbert Coward, Mrs
Harry Moran, Mrs. P. H. Smyth,
Mrs. T. M. Talbot, Mrs. Frederick
w. Jones, Mrs. Charles Marshall
and Mrs. R. C. L. Moncure at bridge
Thursday night.
Mr.. and Mrs. Frank Hornbuckle
and Mr.. and Mrs. A. T. Reilly of
Denver. Colo, are guests of Mr..
and Mrs. Charles H. Evers.
Mr.. and Mrs. Harold Knoblauch