Dividend days in Cat Creek field profits soar
Hover Syndicate declares 24 percent dividend and expects April payouts to be similar or higher. The 56 Petroleum, founded by Joe Baker in Miles City, paid its second dividend at 75 percent after an initial 25 percent, as two wells produce. Baker paid about $5,000 per acre for Cat Creek land, a record price in the northwest, with local men retaining remaining holdings.
MENTIONED IN THIS ARTICLE
Hover
Cat Creek
56 Petroleum Syndicate
56 Petroleum
Joe Baker
Miles City
Montana
Northwest
Judith Gap
Hover Royalties
Hover-Schwartz Company
Colgrove
Joe
Manufacturer’s bottleneck slows shipments amid transport gaps
Mr Hover compares the firm to a manufacturer with full warehouses and eager buyers, noting rail networks cannot handle distribution. He says operations keep moving with limited shipments while awaiting improved transportation facilities.
MENTIONED IN THIS ARTICLE
Hover
New Frantz Well Enlarges Oil Field In Montana
Frantz river well No. 2, about three quarters of a mile north of Frantz No. 1, flows around 800 barrels daily on a different structure from Cat Creek. Discovery well, once water fed, now pumps about 100 barrels daily after earlier setbacks. Elk Basin controls Frantz and aims to broaden the district significantly.
MENTIONED IN THIS ARTICLE
Fergus County
Montana
Cat Creek
Discovery
Elk Basin Company
Frantz Company
Legislature Consolidation and Tax Reforms Highlight 1929 Montana Session
The seventeenth assembly approved consolidation of city and county government proposals, a state purchasing department, and a revised highway system. Tax measures include a one cent gasoline tax, coal license taxes, and a 1.5 percent net proceeds tax on metal mines. The session also created a state game commission, consolidated livestock agencies, revised irrigation and free school laws, and expanded public employment preferences for veterans. Several towns with enrollments under 900 face consolidation of school offices in Boulder, Deer Lodge, Eureka, Townsend, Big Timber, Chateau, Fort Benton, Wibaux, Philipsburg and Ekalaka.
MENTIONED IN THIS ARTICLE
Montana
Senate
Booth
Choate
State Game Commission
State Livestock Commission
Boulder
Deer Lodge
Eureka
Townsend
Big Timber
Chateau
Fort Benton
Wibaux
Philipsburg
Ekalaka
Also Mentioned on This Page
Fifty-Six Petroleum
Discovery Well
Postum Cereal Co. Inc
Battle Creek Mich
Grocers
Sselquist & Borgert
Montana Building
Lewistown
Truste Nett
T. Depo
Hasselquist
Lewistow
Watts
Seventeenth Legislative Assembly
Cavanaugh
Silver Bow
State Purchasing Department
State Board of Examiners
Department of Agriculture, Labor and Industry
Highway Commission
State Highway Commission Organization
State Senate
House
Assembly
House Committee On Education
Livestock Sanitary Board
Veterans’ Welfare Commission
Ting
Trade Commission
McKee
Engraving Company
Gallatin Alley
Rockies
Northern Pacific Railroad
Ceretana
Montana Flour Mills Co
Harlowton
Great Falls
Bozeman
Cat Creek Center
H. C. Blegen
Macdonald
C. C. C. Syndicate
Jeeseld
Pderrising
H. J. Kelly
Register U. S. Land Office
E. G. Ivins
Lewistown Democrat-News
Mont
Barton & Co
Bank Electric Bldg
Barton & Company
CAT Creek Senter Syndicate
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