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San Antonio Express from San Antonio, Texas • Page 95

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San Antonio, Texas
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95
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Major Oil Firms Report Income Gain Several major oil companies have announced new high earn ings. Cities Service Co, income reached a new high in the first nine months of this year, totaling $99.5 million for an increase of six per cent over the same period of 1966. For the nine months ended Sept. 30, net income was $27 6 million compared with $26.6 million last year. Consolidated net Income for Gulf Oil Corp.

rose 12.6 per cent to $421.703 million in the first nine months and established an other new high. Including the non-recurring profit of $15,592 million derived last spring from the sale of interest in Transwestem Pipeline net income for the first nine months was $437.295 million. Worldwide net product of crude oil, condensate and natural gas liquids were 2.310 million barrels daily, up 6.1 per cent from last year, Gulf reported Gulf executives noted that strong reserve productive ca parity in the U.S. and other areas helped it overcome problems created by the Middle East conflict. Mobil Gets Safety Honor Mobil Oil Corp.

last week won the 1966 public service award of the National Safety Council for its newspaper, radio and television advertising series which stressed safe driving. The advertising campaign which involved a $7 million budget stressed the Want You To theme. Side effects of the advertising included 13,000 letters from the public. More than four million copies of one ad Little Driving were mailed to people who asked for it, and 80,000 other requests for reprints were filled. The Mobil safe driving ads have received other awards Last week the State Medical Society of Wisconsin passed out a commendation, which pushed the total to nearly a dozen.

Udall To Speak At UT Meeting Secretary of Interior Stewart Udall will speak in Austin on Nov. 16 at the beginning of a two-day program dedicating the $2.4 million University of Texas geology building. A scientific symposium will be part of the dedicatory program, which will be attended by prominent geologists from over the nation. Dr. Samuel Ellison, geology professor, is in charge.

Dr. Carey Croneis, chancellor of Rice University, will be toas.t- master at a Nov. 16 dinner. Speaker then will be Dr. Richard Jahns, dean of the school of earth scientists at Stanford University.

The symposium will be on of the Earth A Compelling Focus for net natural gas produc tion was 2.521 billion cubic feet up 14.7 per cent. Crude process ing also set a new record, at 1.305 million barrels per day showing a 6.7 per cent gain, and its refined product sales established new tops of 1.291 million barrels daily, up 6.5 per cent. Standard Oil Co. (New Jer sey), the largest, re ported that its estimated net in come in the three months ended Sept. 30 was a record $315 mil lion equal to $1.47 a common share.

That represented an in crease of 15.8 per cent from the net profits of $272 million, or $1.27 a share, in the corresponding period last year. Net income in the first nine months of the year was $878 million, or $4.08 a share, up 5.4 per cent from the year-earlier figure of $833 million, or $3.87 a share, according to the report by M. L. Haider, chairman. Haider attributed the increased profits to higher operating levels in the Western Hemisphere, particularly in crude oil production and sales.

results in the eastern hemisphere were mixed with gains in some areas largely offset by declines in he said. Continental Oil Co. announced record third-quarter profits of $34.6 million, or $1.33 a share, up 28.1 per cent from earnings of $27 million, or $1.19 a share, in the 1966 period, when the company had fewer shares outstanding. net income in the first nine months also set a new high at $100.7 million, or $4.15 a share, an increase of 24 San Antonio Oct. 29, 1967 Page 7-J LASER LOOK THROUGH are using concentrated beam of laser light at Gulf Research and Development Co.

to develop technique for three- dimensional photographs of potential oil-bearing formations in the earth. The laser provides light for photographing series of sound wave graphs which show rock formations beneath the earth's surface. By studying the resulting photo, scientists can interpret large amounts of data at one time instead of making individual studies. Public Water Users Must File Form per cent from the 1966 figure of $81.2 million, or $3.60 a share Cities Service Co. reported September-quarter earnings of $27.7 million, or 93 cents a share, against $26.6 million, or 91 cents a share, in the 1966 period.

John L. Burns, chairman of Cities Service, said net profits in the first nine months of the year were a record $99.5 million, or $3.36 a share, compared with $93.9 million, or $3.28 a share, a year earlier. Texas Eastern Transmission Corp. reported a record third quarter as net income available to common stock was 21 per cent higher than in the same period last year. For the three months ended Sept.

30. Texas Eastern income was $7.922 million compared to $6.561 million in the same period last year. Earnings of American Petrofina, for the first nine months of this year were $9.629 million compared to $8.207 million last year. Operating revenue was $138.980 million compared to $131.649 million. Outlook For Oil To Be Eyed HOUSTON (AP) Three top executives are to check the out- ook for the U.S.

petroleum industry Monday. Supply and demand problems will be discussed by the chief executive officers of the Atlantic Richfield Co. and the Gulf Oil Corp. and by the board chairman of the American Petroleum Institute. Current efforts by some segments of the industry to get Congress to strengthen federal controls on oil imports also will be a major item for discussion at the annual meeting of the Independent Petroleum Association of America.

About 2,000 oil and gas producers from nearly 40 states are to participate in the two day meeting of the trade group that was organized in 1929 to fight for oil import controls. Policy recommendations for the 7,000 member trade group were to be drafted at Sunday committee sessions and submitted at session. The discussions will include Monday morning speeches by Robert O. Anderson, board chairman of Atlantic Richfield, E.D. Brockett board chairman of Gulf, and Robert G.

Dunlop, who in addition to being chairman of the Petroleum Institute is president of the Sun Oil Co. Gov. John Connally of Texas, and F. Allen Calvert a Tulsa, independent who is completing a two year term as president of the trade group, also are to discuss industry problems Monday. Tuesday speakers include Gov.

Paul B. Johnson, chairman of the 33-state Interstate Oil Compact Commission, and Allan Shivers. CATTLE CLATTER S.A. Area Milk Producers Will Consider Merging By ARTHUR MOCZYGEMBA Farm and Ranch Editor San Antonio area meetings will begin Monday in an effort to investigate the possibility of having only one milk cooperative. Alamo Milk Producers of San Antonio will hold several of these area meetings with their membership, with a general membership meeting set for 10 a.m.

Saturday, Nov. 4, at the auction arena of Union Stock Yards of San Antonio. San Antonio Milk Producers has not scheduled any such meetings for its membership at the present, and probably wil- lwait until after the Alamo Milk Producers general meeting. The prominent view of the area dairymen seems to be that if the two cooperatives do come together, it will be under a new name such as South Central Texas Milk Producers. For Sale! 552 acres ranch near Blanco.

100 acres field; 3 wells, one spring. Good 9 years old rock veneer house; breezeway; 2 car attached garage. Good grass country, deer and turkey. Also 100 acres unimproved ranch in Kendall 7 acre field. Also one acre on Canyon Lake; all north access road; big enough for 4 houses or business.

Call ARTZT Realty, 655 Magazine, New Braunfels. MA5-2123. (Adv.) The South Texas Prok Producers Council has scheduled a tour for 8:30 a.m. Saturday, Nov. 4, to start at the Seguin fairgrounds, according to Jerry Edmondson of Odem, president.

A lunch will be served and non-members can attend the tour but will be charged $1 per plate. Reservations should be sent to J. C. Bailey, secretary-treasurer, Box 308, Somerset, no later than Wednesday. Cattle sales scheduled for the coming week include the South Texas Hereford Association sale at Beeville starting at noon Tuesday; the Craver Ranch Sale (Angus) at Denton on Tuesday; and the Hill Country Angus Sale at 1:15 p.m.

Saturday at Fredericksburg. High Class REAL ESTATE MORTGAGE LOANS on ranches, farms, industrial properties, apartments, residential (FHA, VA and Conventional). No loan too large. Low interest rates, Personal service. JEFFERSON MORTGAGE CO.

(A. Lewis, Chairman of the Board; R. F. Leslie. President; and Paul McSween, Vice President), South Tex.

Bldg. CA7-4261 SPECIAL TO THE EXPRESS-NEWS AUSTIN Texas landowners who have reported use of water from public streams to the Texas Water Rights Commission will soon receive forms to fill out for recording under the provisions of the Water Rights Adjudication Act of 1967. The forms also will be sent to any other water user or landowner upon request who must protect his riparian or other claim of water rights, according to Frank R. Booth of Austin, executive director of the Texas Water Rights Commission. The Water Rights Adjudication Act of 1967, passed by the 60th Texas Legislature and in effect since Aug.

28, states that failure to file a sworn statement (the form bring mailed out) with the commission in substantial compliance with stated procedures shall extinguish and bar any claim of water rights to which the act applies, and thereafter no such right shall be recognized. IN EFFECT, ANY person who used surface water for other than domestic and livestock use who does not have a permit from the Texas Water Rights Commission will no longer be able to use water from any public stream, river or reservoir unless he files before Sept. 1, 1969, and substantiates his claim to such water. The Water Rights Adjudication Act of 1967 does not have anything to do with subsurface or underground water, Booth explained. act concerns itself with surface water from natural streams and other public water used for any purpose except domestic or livestock Booth said.

Before the passage of the Water Rights Adjudication Act of 1967, only certified filing and permits of public water use Concrete Ditch Lining. Plastic and Asbestos Cement Pipelines. Aluminum Pipe and Sprinkler Systems. Concrete Feed and Water Troughs. ABLE IRRIGA TION COMPANY, BR 8-4726 Uvalde, PR 3-9170 Eagle Pass Completion Bit Recalls Old Days 14 Charter Members Still In Area Geological Society Fourteen of the 35 men who organized the South Texas Geological Society here in the spring of 1929 are still living.

That, says Edgar W. Owen, proves that oilmen are healthier than oil companies for only five of the oil companies represented here 38 years ago still exist with the same name. Owen did a historical roundup for the current bulletin of the South Texas Geological, thinking that the sentimental bit was in order with the huge success of the Gulf Coast geological convention here just behind. Ray F. Schooifield was the pusher behind the first meeting.

The original 35 who turned up for the first luncheon in response to letter included 11 independent geologists, 23 company geologists, and Dabney Petty of Petty Geological Co. Irving K. Howeth and Fred P. Shaves came up from Beeville, Frank M. Getzendaner came from Uvalde and Olin G.

Bell and Milo Orr from Laredo. The rest were San nians. The first meetings were held at the San Antonio the quaint custom of doing field of 1930, and the local work and coming to town only group hosted the annual meet- for weekends, So Monday was the only day when good attend ing of the American Assn. of Petroleum Geologists in San An- ance was Owen noted in March 1931. Cooper was in setting out just one of the convention chairman, and Doug changes in nearly four decades.

ISemmes was president of the Charles H. Row, now of society then. Dallas and then and now with Sun Oil was the first president of the local geological society. Schooifield was a vice president; Kenneth D. Owen, were very rough here in 1932, but there were 103 members who paid their dues and 44 others who would have paid if have had the with the old Southern Crude said Purchasing Co, was meeti Mont tary-treasurer Herschel Coo-.

that fal, icnic per, consultant, and E. L. Porch a thatp limef wlth a with Kone Production Co, no-admission frolic in a pasture were executive committee near Cave-Without-A-Name members. the highlights of 1935 was the Others still living who were local participation in charter members were Olin the AAPG meeting in Mexico Bell, Dilworth Hager, Ike Howeth, Gene Jablonski, Grady City. The new highway from Nuevo Laredo to Mexico City Petroleum Club which then was in the Milam Bldg.

Dinners and technical sessions were held the first Monday of each month and on other Mondays there were informal, dope-trading luncheons with no speeches. of the members had Kirby, Leonard McCollum, Paul was open, but travelers McFarland, Howard Nessley, found the drive rather ar Milo Orr, Charles Stewart and C.A. Dowden of Kingsville, has an unusual memento of his early days in South Texas oil. prized relic is an open-hole which was used in a Humble Oil Refining Co. well in the Kelsey Bass Field in 1939.

The old tool has been improved with a coat of chrome and engraved with names of Humble men involved in that bit of history. The Kingsville man has been Humble Makes Grant to UT The Humble Oil Education Foundation last week made a grant of $38,500 to the University of Texas. R.C. Granberry of Corpus Christi, South Texas production division manager for Humble Oil Refining Co. made the grant which will be distributed to engineering, communication, law, geology and other departments.

It is part of $363.000 being awarded for the academic year. retired for five years after serving for 38 years with Humble, the last years as superintendent of the Kingsville district. Current employes proved they forgotten Dowden when they pulled the old completion bit from the Kelsey Bass well last summer. Names engraved on the old iron are: the late A.B. Panhoo- ser; J.H, Galloway, J.C.

Pos- gate, Ralph Finklea, J.D. Gill, C.L, Starnes, J.W. Baucum, O.G. Sterneberg, C.E. Buck, and C.A.

Dowden. Posgate now is vice president in charge of production for Humble and Galloway is on the company board. The others are all retired. face water he can divert and for what purposes. THE ACT CALLS for keeping all irrigation water usage in a current status, and the commission will have the machinery in operation to insure as much as possible that domestic and livestock useage of surface water takes precedence, especially in periods of drought.

The first step for all landowners who irrigate from streams or use other public waters is to file the form that will be mailed out shortly. If you irrigate from streams and do not receive a form within the next six weeks, then write for the forms, which are free, to the Texas Water Rights Commission, P.O. Box 12396 Capitol Station, Austin, 78711. The form is three pages long and has an instruction sheet which explains in detail what information is necessary. This filing must be done by everyone who uses public water who does not now have a permit or certified filing.

ONCE YOU RECIEVE the form for filing, and there are items you do not understand, check with an attorney. Those persons now irrigating under riparian right claim are directly affected by the new law and they should not be afraid to answer all questions as truthfully as they can, Booth said. Booth sai I the purpose of the law is not to take away irrigation rights; but that the law seeks to recognize and protect those riparian users which are recorded in compliance with the act as passed by the legislature. Once you have filed your claim, then the Water Rights Commission will begin processing it. It is important to remember in fillinr out the filing form to be as honest as possible because it is quite understandable that there are numberous ways for the commission to check on the Wholesale Meat Federal-State Market News Service San Antonio wholesale meat trade report (less than for week ending Oct.

27. Suggestion Nets $3,500 A1 Weeks. Most of the major companies were concentrating on the Fault zone in those days. Luling, Lytton Springs and Salt Flat were still in flush production and As the depression relaxed and oil development in this area spread, the name of South Texas Geological Society was adopted to reflect the wider distribution of members. At the Darst Creek discovered end of 1939, there were 257 until the following summer.

members, 134 in San Antonio, 59 people thought that in Corpus Christi and 45 in 16 even the Corpus Christi area other towns of the district plus might amount to something 19 outside the region. Monday when Arch Maley opened a little luncheons were held each week office there for Humble in June, in both San Antonio and month- Shaliow Oil Drilling drilling and exploration. failing capacity 1800 ft. Equipment like new. All mobile.

SRYAN PATTERSON Ph. ED Son Antonio Owen wrote. new production in the Laredo district was the largest factor in making the title of independent signify something more than being without a Huey P. Cognevich of Buras, has received $3,500 from Getty Oil Co. for his suggestion which improved field operations in West Bastian Bay, Plaquemines Parish, La.

Cognevich suggested installation of a pressure regulator device on a compressor line to eliminate the problem of pressure fluctuation from one ofj several wells. Flow rate pressure of casinghead gas produced from one of the oUwells caused faulty operation of a COMPARED TO LAST WEEK: Rather slow: steer and heifer beef mostly steady, except Standard $1 lower; calf steady to weak; cow beef steady to $1 lower. Beef cuts mostly steady, instances $2 tower on Good and Choice ribs. STEER AND HEIFER BEEF: Choice nn I lb- Good 400-650 lb. 1967-68 Good 350-400 lb.

$44-46; Standard 350-650 lb. $44-45. CALF: Good 200-350 lb. $45-47; Standard 200-350 ib. $44-46.

COW BEEF: Breaking Utility $33 50-35; Boning Utility Conner and Cutter $35-36. BEEP CUTS: Hindquarters, Choice Good Standard Forequarters: $38-40; Good $38-40; Standard $38-39. Square Cut Chucks: Choice Good $39 41. Rounds: Choice $54-56; Good Standard $52-53. Ribs: Choice $59-64; Good $57-61.

S.A. Feedlot compressor unit through which the gas was compressed beforeI She?" being lities Federal-State Market News Service San Antonio area direct feedlot report for week ending Oct. 27. CATTLE: Trading low; slaughter steers and heifers mostly steady; slaughter calves 25-50 cents lower. Direct soles this week 2,450 head and 0 hfer and heifers Including around 9 loads slaughter calves compared 2,110 sold last week and 2,420 same week last year.

Dressed grade and weight sales accounted for 15 per cent. Slaughter steers made up 21 per cent; heifers 79 per cent. Steers 85 per cent Choice and 15 per cent Good. Heifers 90 per cent Standard, little or no ly technical meetings and annual meetings alternated be-, tween the two cities. The finalVk-i i decision for separating the Oil Marker Corpus Christi Society from the; San Antonio parent came in 1943 RANGER, Tex, (AP) Sent tO processing rain over the surrounding area Most sales feed at with 4-5 per Livestock producers should stay on the alert for those screwworm cases, because the incidence has not been reduced and the pest is still very widespread, according to Mission officials with the Screwworm Era dication Center.

Cases for the year have passed the 700 mark in Texas, the worst in four years. CROP DUSTING SPRAYING Fast service. Burges MA8-1124 after 6 p.m. (Adv.) Mrs. Susan Bennett, county home demonstration agent at a i Springs in Dimmit County since December, 1965, has resigned and plans to become a fulltime homemaker at home.

No replacement has been named. Beef-type Brahmans for crossbreeding. A few top quality bulls Others Also the original milk- masters. J. Carter Thomas, Cuero, A.C.

(Adv.) August Willman of Mason said he was invited by his old friend Willie Esse Sr. of Campbellton to go hunting with Esse. I hardly have time to go hunting on my own Willman laughed. looks like have some pretty good game this year in the Hill FARM-RANCH AND TIMBER LOANS Geo. M.

Harwell, P.O. Box 13203, San Antonio, Texas 78213. J. L. Sawyer of Llano said his area has both short and long grass, and that the area could use a little rain.

He will have nine bulls and six open heifers consigned to the Blanco County Hereford Association sale set for Dec. 2 at Johnson City. Ship your livestock to John Clay and Co. of San Antonio, a reliable commission firm. Auction sales Wednesday and Thursdays.

(Adv.) The 7th annual meeting of the Beefmaster Breeders Universal will be held Thursday through Saturday at the Gunter Hotel in San Antonio, according to L. D. Miller Jr. of Falfurrias, president. The breed improvement committee meets Thursday morning, and several committee meetings scheduled for the af- The general meeting were recorded with the agency and in the county jdccuracy The claim ure mi must be under oath and other users and the state can challenge false claims.

office. Under the new act, all other claims, such as riaprian, must be recorded and there will then exist a recorded surface water useage system administered by the Texas Water Rights Commission. NATURALLY, THIS changeover and more orderly administration of the water use can not be accomplished overnight. It may take several years to com plete this changeover. But the first step, and a mandatory one, is for all riparian right claims to be properly filed with the Texas Water Rights Commission no later than Sept.

1, 1969. It is also important to point out that just because someone owns land along a natural stream and decides he may want to irrigate sometime in the future, he can now file a claim under the act. Riparian land owners who have not used surface water for irrigaion by Jan. 1, 1967, can still make an application to the Texas Water Rights Commission in Austin for a permit to use water. THE BASIC CLAIM is on water actualiy used during the years 1963-67 inclusive, and there is a provision for irrigators to develop maximum use through 1970 if they have facilities for irrigation that fully completed or used by Aug.

28, 1967. The burden of proof of a claim to irrigate lies with the landowner. The filed statement or form will be recorded by the commission. The commission is charged with the duty to determine rights of claimants on all a ms or segments uf streams. All persons who do not have a permit or certified filing and have a riparian claim and have been using it must file with the commission or lose the right.

8an Antonio parent came in 1943 RANGER. Tex, (AP) An 0 2-3 25 5 6 Frida Saturday's wT? 0li sr0wn offldal Texas historical marker isa meeUni of the iii and wartime trav- was unveiled at Ranger of rs and any gen- cent pencil shrink or equivalent Carcass grade and weight sales based on 3 per cent cooler shrink. SLAUGHTER STEERS: Choice i 150 yield grade 3-4 delly- tcrnoon. 25 eibl 2 sholce and at 9 a.m. Friday with the slaughter heifers: Good 600-700 annual dinner to be held at 8 grade so.esj¡p.m Friday.

pro- new dues-paying members. The first el restrictions made joint meet- field trip was to Uvalde in the impractical. THE WATER USER must have had a legal right to use surface water for irrigation and must have been using that water in accordance with the provisions of the Act in order to perfect the claim. By his claim to the surface water for irrigation 3urposes, the landowner must lave exercised the right by actually using water before Jan. 1, 1967.

The Water Rights Adjudication Act is quite specific in pointing out that it does not in any way give any landowner any claim that did not exist before passage of the law by the last session of the Texas Legislature. Once the complete changeover is made under the act, then every surface water user will receive a certificate form the Texas Water Rights Commission that shows how much sur- Architect Has Finest Moment DALLAS (AP) School Board President Lee A Jr. presented school architect Howard C. Parker one of his finest moments recently. As the architect presented S.A.

Livestock $44 day on the 50th anniversary mpmbership business nottyeeded in making it look like CATTLE AND CALVES: This week last week last year 7,400. Compared with last week's close: Scattered sales slaughter steers and heifers weak; slaughter weak to 50 cents lower; bulls steady; slaughter claves SO cents lower. Feeder steers and heifers 50 cents to $1 lower, most decline on heifers; steer and heifer calves mostly 50 cents lower, instances $1 off on heller calves. Run Included 3 per cent slaughter steer, heifers and slaughter calves. Cows made up approximately 14 per cent with remainder largely small lots Standard, Good and Choice 300-650 tb feeder cattle and calves.

SLAUGHTER STEERS AND HEIFERS: Few Standard and low Good 550-650 Ib SLAUGHTER COWS: Utility ond few Commerlcal Conner and Cutter few thin light weight individuals BULLS: Few Utility and Commercial SLAUGHTER CALVES: Scattered Standard ond low Good Ib FEEDER CATTLE: Choice 450-650 lb steers Including shipment thin steers around 450 lbs at package around 500 Ib short yearlings $27.80, Good 2 3 Standard From mid-week on. Good and Choice 400-600 ib heifers tew around 400 lbs earlier fn this week up to $24; Standard FEEDER CALVES: Choice 275-475 lb steer calves Good 28.50. Goodahd Choice 250-450 Ib heifer calves shipment thin heifers 395 Ib $25, OTHERS: Good stock cows Good 350-550 fb bolls HOGS: This week 975; last week 875; last year 975. Barrows and gilts mostly 50 cents lower, instances 75 cents off; sows steady. Supply largely mixed lots U.S.

1-3 200-250 lbs barrows and gilts. mode up around 3 per cent. BARROW AND GILTS: US, 1-3 190-240 lbs Late, shipment 212 U.S. 2-3 220-260 lbs SOWS: U.S. 2-3 350-600 lbs $14-15; Few around 300 lbs up to SHEEP: This week 400, 1st week 175; year 500.

Slaw: Slaughter lambs in limited supply; and stock ewes well as feeder lambs 50-75 cents tower. SLAUGHTER LAMBS: Couple packages Choice around 80 ib $21.10. SLAUGHTER EWES: Utility and Good wooled and shorn ewes FEEDER LAMBS: Good and Choice 50-70 Ib $18.5019.10. OTHERS: Good 2 year old solid mouth McShan ewes 7 10 8 80 GOATS: This week 1385; last week 225; last year 275. Slow: Represented classes weak to 50 cents ctower.

SLAUGHTER GOATS: Small tot shorn Angora muttons $6. Shorn Angora nannies Ufof'75, shipments 3 month hair KIDS: Shorn Angora kldf drawings for an elementary per head, head' Lof school, McShan asked what the ora muttons $5 go ra muttons and kids $2 80 per head. cupola or was. ---------on the roof. glad you like our smoke Parker said.

is the first time we have suc- the 1917 oil boom. I around 550 lbs. $24.50. conducted Friday. else.

KALLISON'S SINCE 1899 FARM and RANCH near the stockyards WESTERN STORE the Courthouse.

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