davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-01-22
APARTMENTS FURNISHED.

1927 H ST NW-NODERN. LIVING
room. fireplace: bedroom, second bedroom
or dining room. kitchen. bath, refrigeratton
FIRST ST. NV. 2l"3 AND oI27-MOD
ern. Well-run aptS.. two rooms, kitchen.
bath: ElpCtroIuX Si5
Evening star., 1941-01-22

R A. JULIA. 1909 Eye St. Ma. 7452.
ROOMING HOUSE. Col I'd at 14th--1O
rooms baths. real opportunity for
some one: Sl.1O0; terms. r. NJ. De ShaZo,
J1o3 14th MA $500
Evening star., 1941-01-22

BOARDING HOUSE. Conn. ave. at Dupont
Cir-l6 rooms. baths; income, $3.50 90:
all single beds Only $500: terms. r. NJ.
De Shazo. 1923 18th MA. $500.
Evening star., 1941-01-22

STUART HALL,
llni 18th ST NV. AT R-MI $500.
FORMERLY BEAUTIFUL HUNGARIAN
LEGATION
Consult Those Who Live Here. So so Up.
1926 Rhode Island Ave. NV.
. TrjDie. phone in room. walk to work: Sc
lectlve menus. S35 See this unusual room
l40l 10Th ST. NV.
Large room with fireplace. for 3 or 4
Also double. New furnishings. Phone
running water Selectlve menus: rees.
THE COLONY CLUB.
3O32 n ST NV
All redecorated and refurnished: lovely
single, double rms, studio C.! rms, private
bath, fireplace; splendid meals; cony,
trans. reasonable rateS. CaraRf
Evening star., 1941-01-22

DE1IcA. conf, etc; corner store; equipped
and stocked, same owner years, III.
Price $50 Box 22S-G. Star.
Evening star., 1941-01-22
ROOMS FURNISHED.

GORDON HOTEL. on beautiful 18th ST.,
between Eye and K-Comfortably furnished
rooms near showers: So so up; double from
24-hour elevator and switchboard service;
| excellent dining room
Evening star., 1941-01-22

RESTAURANT, on-sale beer; downtown
NV; will rent equipped $50 mo. because
Of illness, to reliable party with $500.
Phone Dupont 1890.
Evening star., 1941-01-22

1923 COL UMBIA RD.-Slngle room. clean.
warm and cozy: unlim phone; . car lines;
81 week
1442 RHODE ISLAND AVE NV large
studio room, private bath, large closet.
shower: st floor back: S45
Evening star., 1941-01-22

ROOMING HOUSE for sale, unusual oD-
portunity: $4,000 cash: income, $4,000
Der month: rent, S55 90. Can be seen at
any time 4H2 @ w
Evening star., 1941-01-22

GUEST HOUSE. near Conn. ave. and
Kalorama IA rms. baths; good lease:
high-cIass, profitable place; S2,3OO; liberal
Evening star., 1941-01-22

PAWNBROKERs' EXCHANGE and men S
wear shop. excellent opportunity; reason
shle an R1OQ-W or MI 1141, -
Evening star., 1941-01-22

WANTED-Motion picture theater. Wash
-pton or nearby Virginia; state full par
Gculars. Wilkins. Charlottesville Va 22'
Evening star., 1941-01-22
SULGRAvE MANOR

513O CONN. AVE. NV.
Modern elev bldg, elec. refrigerstion
on mouse current. Secretarial SWITCH
6oard. Resident manager, EN-. s432.
rms Kit; d. a.. bath, foyer
ana porch - S65. 90
Evening star., 1941-01-22

GIRL, colored wishes work morning part
time or days work: excellent reference.
MI 3QI4
Evening star., 1941-01-22

SAXOPHONES-C OF trade-ins
and reconditioned instruments at very low
prices; Holton. S10 so: Elkhart, 500 so:
Conn, S34 80: Bandmaster, S34 so:
Buescher, S4l.50: Martin, $3.50: also
many others Private lessons included a
small additional cost MA 4130. Very
easy terms. Kits 1880 G st. middle OF
Evening star., 1941-01-22

PIANO concert grand, 8 it. g. ebony;
'ery fine instrument. Wisconsin 4492. "a
Evening star., 1941-01-22
2100 18th ST NV

Elec. refrigeration on house current.
Elev. Resident manager.
3 rms, kit. and bath $50 20
4 rms. kit. and bath S6S 50
Evening star., 1941-01-22

ROOMING HOUSE, high class. near 18th
and Columbia rd -15 rms. 4 baths; rent
only 500 per mo-: price, Sl,150. for QUICK
sale Can arrange terms. Rogers Real
Estate. 6nl z s. NV. Ma Sl31.
Evening star., 1941-01-22

GAS STATION, new. modern, in Md, y
mile from Dist. line: will sacrifice; owner
ME O1S1
Evening star., 1941-01-22

RUGS, Oriental. all sizes: will sacr' fce for
cash. GEORGETOWN Aircraft. 1908 Wiscon-
sin ave. NV. Open till pm.
RUGS. Oriental 12x5 Sparta. deep blue
and rose. excellent condition $50. Emer-
son 1889
Evening star., 1941-01-22

Elec. refrigeration Resident manager
rooms, kitchen and bath SIS so
Evening star., 1941-01-22

DOWNTOWN,
S1S 18th St NV,
Near II st.
Non housekeeping apt of rooms and
bath, completely furnished, including maid
THOS ]. FISHER & CO, INC.
1Stb
Evening star., 1941-01-22

1927 EYE ST. NV.
S25 to S35. Res Mgr. Apt. 5. go
LAFAYETTE HOTEL,
10th and Eye SITS. nw.-Rooms with bath
and radio for ] person. from S14 per
week Tor 2, from S. per week each, by
the month. Call Mr. WILLS, mgr, for
lnSpeCtlnn Dist riri 4o1n
Evening star., 1941-01-22

I'D b ST. SE.
Desirable single and double rooms, newly
decorated and furnished; shower bath;
garage available: reaS. o4s
Evening star., 1941-11-19
DfathB

November 70: 1871, SAMUEL D. MYERS;
mains mains resting al tn. Chambers funeral
home, 400 Chaplin st. NV.
Notice of funeral later.
SMITH. GERTRUDE. On Sunday No,
s sfm0SF g LII asf sH Ifioshss sfe
Mnr4ov Fsnern Rsmans Heme esns Int hs nsas n
Notice Of funeral later.
SMITH. PETER PIERRE. On Tuesday
November Is 1o4I at ths resdenSe S.htnn Of HS hiS
fsnshisr sts st nW MS PEfsR Msnaf P1ERRE a0n
aEed a7 years, beloved husban nd Of the late
Smith Smith and nd Peter Pierre smith, jr. :.
Maryland ave, Hyattsyille, Md. on Friday,
Tqha%0fE Tfini'H Episcopal csureh ST MsTys city.
Md. at l. noon. tst. Marys papers please plea
copyD ~
srnSIr 5rANNTrrs sSey 1a wfanssasy asps
TSAfNIsTT JEANMETTE II STEELE. beloved wife Of tn.
stf Thomss M s'sslr drsG spd EHth.r s.f. ID
the the late Thomas NJ, steele.
Services at the s. H. Hines Co. funeral
home, 2aol Jath ST. Nv n.;.; Friday. & Novsm, e"n,
invited. ne 1nterment in sock creek Gene
terry. 20
THOMPSON. wILHFLMINA. On Sun
day. November u. l941; WHHELM1NA
THOMPSON OF r67 Gresham place NV.
wife of James E. Thompson, mother Of
Eleanor Peggy Thompson, daughter Of Mrs
nd Ke Rsy sssr o Gf Mrs ss ssrsb wss
ford. Also surviving are other relatives
and MANY friends. Friends NAV call at
the Mcclure funeral home, 1870 9th st.
nm. to II pm, and on Thursday, No.
vember 20, from s m: to 5 pm.
Funeral services and interment Green
vile. SC. 20
voLM.N. PETER J. On Tuesday. No
ST. Sc. PETER j vOLMAN.
Funeral from, william J Nalley,s tu-
November el, at 1880 a m. Relatives and
National Cemetery al 11:30 am. 20
WILLIS ARTHUR ARMSTEAD On
ARMsTEAD WILLIS, beloved husband of
Fannie Willis, son of Armstead Willis.
brother Of Charles H. Isaac. Edward and
mains resting at the W. Ernest Jarvis fu-
neral church. 1872 You st. NV.
Funeral THURSDAY November 20: at !
pm. from the Mount Lebanon Baptist
Church. 18th st between H and Eve sts.
NV. Rev. Thedore Williams oficiatins
Relatives and friends invited. Interment
Woodlawn Cemetery.
November IS, 1881, al the Gallinger Hos
pital. in Washington. D. c. SADIE GRAY
Miss Pearl suter' She also leaves NE
brothers. three sisters and her father and
stepmother. Remains resting at the Frazier
Funeral notice will be announced later,
Evening star., 1941-11-19
III mrmnriant
BLUNT. RICHARD II.

BLUNT. RICHARD II. A sad but loving
e. e dsyGf BN Who e,t and Us tor
better home one year aso today, Novem-
ber 10, 1910.
Keop him. Jesus in Thy keeping
Then. 'i Saviour. 1iri let t. us s meet HIM him.
HIS DEVOTED WIFE AND DAuGHTrR
LOUISE AND JOAN LEE BLUNT.
JONES. RICHARD NJ A tribute Of love
SON SON and nd brother, r. RICHARD NJ JONES who
departed this life eight years ago today.
November 10, 1883.
Years dim not memory's treasure
OF a short life truly blessed
Gods talents gave. full measure,
Then took him home 70 rest
KEITH MOLLIE G. In loving r.mem-
MOLLIE G KEITH. who passed 10 the
Great Bevond two years ago today. No.
vember 10. 1929.
HENRY P. KEITH AND SONS.
MAY. JAMES ~ In loving memory Of
our beloved son and brother. JAMES Y.
NAY. who passed ava" nine years ago to-
day. November 10, 1922.
You were loving brother and loyal son.
God only loaned you 10 us until you were
twenty-one.
So WHY should our tears in sorrow flow
For that is what He did dear heart.
When He took YOU from our home
YOUR DEVOTED MOTHER, FATHER AND
SISTER.
ROBINSON. ELoIsE GORDON. A trib-
e n rove EIosF e GoRDoS N ee} Ss
who passed into the Great Beyond fifteen
years ago today, November 10. 1926.
We try not to srieve, lest our grieving
should ssdden her
And shadow her abode that must be so
still NAV We serve her. II brave!v We send
Smiles in return for her smile round the
MoTHFRR, THEoDosA F. ROBINSON;
AUNT, ELOISE F. SAUNDERS.
RUSSELL. JOHN A.. IR In memory of
my former husband. JOHN A. RUSSELL.
.JE. who passed away lust two years ago
today November 10 1889,
Always this da- III remember
Twas then John vent te rest. -.
For God above thought twas best
ELSIE MAE PUCCINELLI.
SEANWOOD, ESTELLE B. In sad but
TELLE B sEANWooD who departed this
life three years ago today, November 10,
1888.
Asleep in Jesus blessed sleep,
'Uai calm n-sl" and ''E Hndistrrbed repoS.
LONELY MoTHEP. MARY B. LOVE .
WALKER, WILLIAM H. In loving mem
nry Of my dear husban nd. WILLIAM H
today, November 10. 1870.
In my heart your memory. fingers,
Always tender. fond and true.
There is not day, dear husband.
roW1Nc WfrF 9n Rot cYNTHta 5hI1T q WALKER VA
Evening star., 1941-11-19
II. Col. Knute EnIind Dies
In New York Hospital

1t. Col. Knute Arvid Enlind died
Monday night in the United States
Veterans Hospital in New York City.
it was learned here today. He was
stationed here during the World
War as senior psychiatrist in the
Army Medical Corps.
Col. Enlind, well-known physician
in New York. was graduate OF the
University of Vermont and received
a postgraduate degree from the
University of Maryland He was
noted for his studies in endocrinology
and was distinguished cardiac
specialist.
A native OF this country. Col.
Enlind was member of a Swedish
family and nephew of Klaus
Enlind, former commanding general
of the Swedish Army. Col. Enlind
is survived by a sister. Mrs. Helma
Wilde, Yarmouth, Mass.
He will be buried in Arlington
National Cemetery. although the
cemetery Office said arrangements
had not been completed.
Evening star., 1941-11-19

During the World War he was de-
tailed to the United States Guards
and interior protection for the coun-
try and was acting chief Uf the
Militia Bureau from August, 1918,
to February, 1919.
Gen. Heavey also served as pro-
fessor Of military science and tao
tics at the University Of Wyoming.
inspector and instructor of the
Massachusetts, National Guard in
1914, commander of the 33d In
fantry, Panama Canal Zone, 1928
26, and co-ordinator, Sd Corps Area,
1927-30.
He was a member of the Military
Order Of the Carabao Army and
Navy Clubs in Washington and
Manila, Union League and Penn
Athletic Club.
Gen. Heavey is survived by his
widow, Mrs. Katherine S. Heavey
Of Washington, and three sons,
Wade Heavey, Louisville, KY; 1t.
Evening star., 1941-11-19
Mrs. Annie Annada|e Dies;
Life-lonq D. {. Resident

Mrs. Annie Annadale of 220 Ten
nessee avenue NE, lifelong resident
Of the city, died yesterday at
Casualty Hospital.
Mrs. Annadale was the wife Of
James M. Annadale and sister Of
Seaton w. Trunnell. superintend, mt
of the West End postal station. She
was a member of the Christ Epis-
copal Church.
Besides her husband and brother,
she is survived by her stepdaughter,
Mrs. Rachael j. Snapp: two nieces,
Mrs. Harry Behlert and Mrs. Julian
Timberlake, and two nephews,
George and Joseph Trunnell.
Funeral services will be held at
2 pm Friday at Lees funeral home
with burial in Glenwood Cemetery
Evening star., 1941-11-19
Gen. Heavey Dies;
Played Football for
Army in 1890
Was Member Of Team
In First Contest
With Navy

Brig. Gen. John w. Heavey, a
member of the Army team In the
first West Point Annapolis football
game in 1890, died yesterday at WAL
ter Reed Hospital. He was retired
in 1881 after more than 40 years
service in the Army.
Gen. Heavey was born in VAN
dalia, Ill, in 1867, and was graduated
from the United States Military
Academy in 1891. the Command and
Staff School in 1912, the Army War
College the following year and the
Infantry School in 1923.
He was commissioned a second
lieutenant of Infantry in 1891. Gen.
Heavey served in the Puerto Rico
campaign. Philippine Insurrection
and on the Mexican border in 1916.
Evening star., 1941-11-19

McC KA, HNT1IE. SuuuPnIy, SuIudy,
November ID I94l. HATTIE McCLURA,
wife of James McClura, mother of Mar
torie and June McClura. DAUGHTER of Pres
ton and Savannah Robinson. She. also is
survived by three sisters and three
brothers.
Remains resting at the Malvan & Schey
Deanwood funeral home 4445 Deane ave.
n E.. where services will be held Friday,
November II. at $3.50 pm.
Evening star., 1941-11-19

ANNA MAY MATTHEWS OF 7O7 end st
NV. wife of Calvin Matthews. mother o
Beverley Foreman. daughter of Thomas anc
Jennie Foreman sister of Mrs Mar,
Bovser. Mrs Rosie Smith. Mrs. Eleanors
Watson and Thomas Foreman, jr. Alsr
surviving are other relatives and many
friends. Friends NAV call at the Mcclure
funeral home. 1870 9th st. NV. after j
a m Wednesday.
Funeral from Mount Jezreel Baptist
Church. 5th and E sts. Sc, on Thursday
November 20. at l pm. Interment Wood
lawn Cemetery. IN
Evening star., 1941-11-19

william F. Heavey, Jacksonville.
Fla, and 1t. Col. Thomas j.
Heavey, Birmingham, Ala.
Funeral services will be held at
10 am. Friday at Fort Myer chapel,
with burial in Arlington National
Cemetery.
Evening star., 1941-11-19
BroziI, Chile Sign Pact

SANTIAGO, Chile, Nov. ~ tPl.--
Foreign Minister OsUaldo Aranha
of Brazil signed a reciprocal trade
treaty and cultural agreement
with Chile tonight.
Evening star., 1941-11-19

American factories annually pro-
duce more than 100000 tobacco
pouches, census records show. The
latest production figure on cigar and
cigarette cases is 100000.
Evening star., 1941-11-19

Whale oil is used almost exclu-
sively in the United States in max
ing soap. according to the Commerce
Department.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Brokerdge|ssues
Modern Report

NEW YORK. March 25.-Mer-
rill Lynch, E. A. Pierce e. Cas-
satt. leader in the effort to bring
merchandising methods to the
brokerage business, has adopted
the modern day streamlined
method of making its financial
position available to the public
In a printed booklet this New
York Stock Exchange firm gives
its annual report to customers.
Charts and pictures are used to
tell the story.
For the final nine months of
1910 the firms net loss was $685.
66 81 of this total S13n.e7S was
accounted for by write-down of
seats and Sal $50 by non-recur-
ring expenses.
This annual report covers only
nine months because the firm. as
it is new constituted, was organ
lied April l, 1910. through mer-
ger of T. A. Pierce and Company.
Merrill Lynch and Company, Inc,
and Cassatt and Company.
Total assets of the firm as of
Jan. 3, 1941, were $40, 273, 964. OF
this total S31, 036.474 was in the
item receivable from customers,
chiefly debit balances in margin
accounts.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25

me fate Judge +. l. Gary.
long chairman of the United
States Steel Corporation, long
recognized this economic prin.
cipte. Accordingly. instead of
fully rejecting in selling prices
the competitive advantages OF
the leader of the industry. the
Judge was somewhat disposed to
pull his punches in order to give
the little steel company
chance to exist. He thought il
was good politics and geed
sociology TO do so.
However, such forbearance is
a double edged tool It may
mean slow down of technolog-
zeal progress and it may signify
lack of thoroughness in writing
off obsolete plant and equip
ment. -..f
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
PhiICo Net Rises
To S2,268, 56S

PHILADELPHIA. March 25.-
Net income of Phileo Corpora
ton in 1910. after all taxes and
charges, amounted to S2.26s. 56s
as compared with S1.899,323 ir
1899. ii was announced today by
James T. Buckley, president The
earnings amounted TO $3.50 per
share of common stock outstand.
ing. as compared with S1.3S pei
share for 1899.
Gross sales of all PhiIco
products i'm 1910 totaled $751;
311,131, as compared with S45.-
421,07S in 1889. an increase of
Is per cent" Buckley said. THE
number of radios and refrigers-
tors made and sold by Philco In
1910 was greater than in any
previous year. In the radio di-
vision OF the compauy's business
the gain In sales of radio-phono-
graphs, including principally the
exclusive Philco phot0-electric
photograph, was particularly
striking"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Tax Made a Loss

The stockholders of one COM
pany. Hudson and Manhattan
Railroad, are told that, though
they received not one penny In
dividends, tax collectors took no
less than S1,236,027, equal to
1918 per capital share. which
not only wiped out all profit but
inflicted deficit of S96f ,2335.
Certain industries have be-
come far more eenspicuousiy tax
collectors for government than
earners Of profits for their in
vestors-or even wage-earners.
Records the Sun Oil Company:
Consumptive taxes collected for
state and national governments.
Sal. TAI ,914, we'll in excess of
salary and wage pay roll of
S36 1868. 059. In addition, the
company paid from its own
earnings eight classifications of
federal 1eVles amounting to ST.
994 .939, and 10 classifications of
state and provincial take S
amounting to S3.615 SIT.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Rep. Steel
Backlog
At Record

CLEVELAND, March IS. - AL
though Republic Steel Corporation
operated almost at capacity in the
closing months of last year, the
corporation began 1871 with the
largest backlog of orders in its
history, T. NJ. Girdier. chairman.
and r. j. Wysor. president, stated
in a stockholders letter accom-
panying the pamphlet report.
In addition. they said. orders
being received daily indicate con-
tinuation throughout 1871 OF an
active demand for the corpora
tons products.
The sudden rush of business
which accompanied the accelera-
ton in the defense program
brought with n some stringencies
which. however. will be and are
being adjusted" II. was said. II IS
possible that shortage of certain
materials. especially among the
alloys. may result in the- curtail-
ment of the production of certain
products. -
Discussing the outlook. Girdler
and Wysor pointed out that, while
the corporation is exerting every
effort toward defense. it is also
formulating plans for the period
when peak defense demands will
have been met. Development of
manufacturing facilities and diver
sification of products have been
planned and balanced TO make pos
sible profitable operation at A
normal rate based on a long term
average. they concluded.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Bethlehem Soft
As Stocks Drift
. Downward
international New. servie. wire

NEW YORK. March 25.-The
Stock market moved lower after
an uneven start today in mod
erateiy active dealings.
Feature of the opening was
block of 24,000 shares of Common
wealth and Southern common at
so cents a share, and later dropped
to 7-16. new low for the year.
United Corporation common
started with 1,500 shares at 1916,
1-16 under the previous how. Beth
were weak because of doubts over
Indignation plans.
Steels were mixed, rejecting the
labor situation. Bethlehem opened
down fractionally, but later lost a
full point. United States Steel
and Youngstown were of frac-
tionally.
Union Carbide was up almost a
point in an irregular market for
chemicals. but 'sagged later.
american Telephone was firm.
New York Central was heavy in
the rails. Coppers were steady.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Query on Stocks

Long Beach, Cal. asks:
isn't II time to pick up good
stocks now like insurance,
telephone, bank stocks, and ship
building"
Answer: Many good stocks
are very cheap, judged by ordi-
nary standards. This is Illus
trated by the low level of the
market averages as compared
with the average of corporation
net earnings. But it does not nee
essarily follow that this is the
best time TO buy stocks. If the
net earnings available for divi-
dends are not going to last, the
low prices of stocks might be
justified.
The chief questions are; How
far are we going TO enter the
war, and what will the outcome
be- If Lindbergh. in ms recent
, article, is right, the market is
right.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Lahdon Gives Views
on Oil Situation

place ID on transportation, be-
cause they don't have TO share
IL with any one else.
you know Rockefeller Is
supposed to have said; He who
controls transportation controls
the price of the product"
In depicting the larger public
significance of this trend, Mr..
Landon added:
81 have warned a number of
my friends among the big COM
panies for some years that they
were riding 10 fall, that they
were simply inviting govern
ment control of pipelines.
AT one time 1 was In favor
of compulsory separation of the
pipeline and marketing. There
are many presidents for this.
But today have changed my
mind and think il would be a
calamity 10 the independent
producer. The tendency of the
recent court decisions has been
To hold, these migrated conn
panies as all in one unit.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25
Labor Unity Plan

Los Angeles asks:
wouldn't the unity plan to
pay labor fixed sum agreed
upon in advance of a contract
have the advantages of making
labor more efficient and salts
fiedsv
Answer: You have several
difficulties to contend with. You
argue that paying labor a flat
sum, estimated in advance of
the. job bid, would make labor
more efficient" by giving it
more initiative and more feeling
of ownership. But efficiency in
some jobs requires care with
materials rather than speed. All
jobs require obedience and dis
cipfine and feelings of initiative
and power TO direct may be
very descriptive of efficiency.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-25

international News Service Economic commentsto

making full use of the creative
mind of science. invention and
engineering 10 reduce costs. and
TO provide a better product for
less money while paying work.
ers better wages.
Mr.. Landon in private life Is
an independent oil operator. In
a comparatively short time. Mr..
Iandon achieved a comfortable
competence in the oil field.
] asked him for bis views on
opportunities and trends in the
oil field. and he concluded that
inadequate profit margins are
foreeiesing opportunities for
small independent operators.
1.-THE Independent oil producer
Is facing extinction" said the
former governor. This il
partly due tn the fact that de-
velopment now Is all from deep
areas. where the costs of the
wells are tremendous. II is
partly due to the cost of geo.
physical work, aad cost ef re-
search work There is still
group of independent producers.
: But mostly the men in that end
of the business are content to
scalp profits of lease, either
In oil payments or in cash or
both, rather than develop their
own production as was the GUS
tom In times past.
another very material factor
in the elimination of the indie
pendent producers, and which Is
also showing its effect on the
big companies, is the fact that
oil is being produced below cost.
l mean, If you figure in dry
holes, overhead, and everything
else, there is no profit in
barrel of crude oil today.