Doherty cites 75 cent rise in Mid-Cont oil price
Henry L Doherty states that the latest uptick in Mid-Continent crude oil plus prior gains and graded pricing raiseMid-Continent production prices by 75 cents per barrel.
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Newspaper
Dillon Tribune
Location
Dillon, Montana, United States of America
Date
Mar 02, 1923
Page
5
Henry L Doherty states that the latest uptick in Mid-Continent crude oil plus prior gains and graded pricing raiseMid-Continent production prices by 75 cents per barrel.
A project plans the first oil well near Hardin to be drilled five miles north of the city. The effort aims to explore local underground reserves and initiate productive operations in the region.
Florence Oil and Gas company located in Baker has resumed drilling activities after a pause. The restart signals ongoing exploration and potential production steps for the region's energy operations.
The United States Department of Agriculture estimates 1922 gross farm value at 14.31 million, up from 12.402 billion in 1921. A decade study shows 1922 crop value 46 percent higher than 1912, with purchasing power of crops and animal products converging in 1922 after divergent trends since 1918.
At Great Falls plans are under way to erect a refinery in a 1,000 barrel unit with potential for further growth.
A large gas field at Baker reports a daily production volume of 12,000,000 cubic feet. The announcement highlights the field's growing output and implies potential regional energy impact.
A series of March pre Easter services will be held at the Methodist church. On Sunday March 4 the morning sermon titled The Master Teacher and the evening sermon In the World Though Not of the World are planned. Sunday school classes begin at 10:00 a.m. The Ep worth League resumes with a 6:00 p.m. social lunch and 6:30 devotions and study.
Administrator of Thaddeus Mauz estate offers Beaverhead County ranch for sale at private cash sale after March 19 1928. Property includes SE4, NE4 of SE4 and SE4 of SE4 in section 32 township 3 South range 9 West with 160 acres, excluding school tract, plus six cubic feet water from Rock Creek and spring waters, plus a reservoir use permit. Bid submissions to the office of H C Hopkins or the district court clerk. 10 percent deposit on award. balance on court confirmation.
Bannack and Washington streets address the Grace Methodist Episcopal Church with minister Edward Smith. Sunday school at 10, morning worship at 11, Ep worth League social hour and lunch at 6, devotions at 6 30, Miss Clela Stufft president, evening service at 7 30, mid week Bible study and prayer Wednesday at 7 30 open to all.
The Christian Science Society of Dillon on Yeaman block E Center Street announces services Sunday March 4 at 11 o clock with the subject Christ Jesus. Sunday school at 9 45 a m and Wednesday evening testimonial meeting at 8 o'clock.
Tuesday salvation meeting at 8 p m. Thursday salvation meeting at 8 p m. Friday cottage prayer meeting at 8 p m. Saturday salvation meeting at 8 p m. Sunday holiness meeting at 11 a m. Sunday school at 2 30 p m. Salvation meeting at 8 p m. All are welcome.
The January 1923 trend shows no slack in industry and favorable domestic conditions. Helena signs contracts for much of the 1923 wool clip while the National Wool company expects larger business than last year. Oil production surged after government conservation policies ended, placing the country in a position to meet world demand.
A new oil company based in Glasgow will operate in northeastern Montana with a capitalization of 50000 dollars. The firm plans to begin exploration and development activities in the region.
The Dillon Tribune is advertised at several stands this week including C. P. Thomas at Idaho and Center, The Corner Cigar Store at Montana and Bannack, and The Gray News Co. at the U S Depot.
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