Newspapers / The Waynesville Mountaineer (Waynesville, … / Oct. 15, 1956, edition 1 / Page 9
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THE WAYNESVILLE MOUNTAIN ER ?-==-? ?? *' . I Three Haywood Boy Scouts To Get Eagle Award At Courthouse Toniuht Three Haywood Boy Scouts will be promoted to the rank of Eagle Scout tonight, as the October Court of Honor is held in the courtroom. The Scouts are: Michael Leath ^crwood, Clyde; Gary Todd, Waynes ville, and Johnny Carswell, Hazel wood. Michaei is a Junior at Clyde high, and plays guard on the football team and is a member of the Beta Club. He is the son of Mr. and Mrs. Michael Leatherwood. Sr., and hopes to become a chemical en gineer. He won the "best citizen" award last year, and is a member of Troop 16, Canton. He has been in Scout ing feur^urs, and has 21 merit badges '.(^?scoutmaster is Floyd LowrandiliRr the past three sum mers. Michael has been at Camp Daniel Boone. Gary Todd, son of Mr. and Mrs. Joe Todd. Waynesville, is a mem ber of Troop 18. with D. H. Tipton, scoutmaster. Gary has 22 merit badges, and is a sophomore at WTHS, and a member of the Key Club. He looks forward to becoming an electronic engineer, and has been in scouting three years. He is a senior patrol leader of his troop. Johnny Carswell is a member of Explorer Post No. 1. which is head ed by his father, Rudolph Cars well. He advanced from Troop 5, and is now in his fourth year of scouting, and possesses 23 merit badges. He is a member of the sopho more class at WTHS, plays football as a halfback, also plays basket ball. and baseball. He is a mem ber of the Key Club and Student Council. Johnny is making plans to enter Wake Forest when he finishes high school and study dentistry. He is a member of the Order of the Ar row, and plays trombone in the band. In 1955 he went to the Boy Scout Ranch in New Mexico along with five other Scouts from here. There is a service station for every 322 automobiles, trucks and busses in this country. MICHAEL LEATHERWOOD GARY TODD JOHNNY CARSWELL Off-Shore Oil Wells Very Costly j ? . . Drilling a well in offshore waters costs roughly six times as much as a land well, according to the American Petroleum Institute. A study of drilling costs covering 82 wells in the Louisiana area in dicated the average well cost $298,800, compared with the on shore cost of $50,000. Want ads bring quick results 1 Admiral Thomas Attends Meeting Of Chaplains Rear Admiral iretired) William N Thomas of Lake Junaluska at tended a series of meetings in Washington last week relative to the work of Protestant chaplains in the armed forces, hospitals and institutions. Admiral Thomas, former Chief of Navy Chaplains, is a member of both the General Commission on Chaplains of the National Coun cil of Churches, and the Methodist Church's Chaplains' Commission. Both agencies have their nation al headquarters in Washington and held their annual meetings last week. At Friday's meeting of the Meth odist group it was reported that the denomination has more than 600 chaplains on duty in the arm ed forces in this country and over seas. The commission is planning to step up personel recruitment to 1 replace chaplains up for retire ment and to be prepared to fill quotas in military branches in case of expansion. Enka Firm Declares Forty-Cent Dividend Directors of American Enka Corporation last week declared a regular quarterly dividend of 40 cents per share on the common stock, payable December 21. 1956 to stockholders of record Decem ber 5. 1956. A year ago the com pany declared an extra year-end dividend of 40 cents per share in addition to the regular dividend. J. E. Bnsstll, president, said that directors felt it advisable not to pay an extra dividend this year in order to conserve cash for the ex pansion program currently under way. The corporation, which manu factures both rayon and nylon, is completing construction of a large rayon staple fiber plant at Lowland, Tennessee. *rhe new unit is ex pected to be in operation before the end of this year. ! Thousands Oi Oil Men Make Report On Oil Programs Months of planning, preparation, I _ and hard work come to a head October 14-20 when the men and ' women of the oil industry stage | their ninth annual Oil Progress | Week. "This should be our biggest j. year," H. B. Miller, Executive Director of the Oil Industry In- j formation Committee of the i American Petroleum Institute, an- ( nounced. "All Indications point to , more activities than ever before, and we feel sure that the observ- ( ance will be broader in scope and i have more public impact than any ( of its predecessors." I Oil Progress Week is sponsored i by the Oil Industry Information 1 Committee. Throughout the coun try, thousands of volunteer mem- ( bers of this industry-wide public < relations effort have been making ( plans for months for the week- : long observance. All of the thou- ; sands of events that have been I scheduled wil be carried out on a ? local basis; in effect, hometown oil < people reporting to their custom- < ers, friends, neighbors, and fellow townsmen on their industry's < progress and achievements over j the past year. I Emphasizing the significance of the annual affair, Executive Di rector Miller said: "This report is being made by the 1,650,000 men and women who work in the oil industry. They are not trying to sell oil as a pro duct ? they are trying to 'sell' a philosophy ? to point up, with every means at their command, the hard facts that private, competitive management is and has been the key to this country's progress and security, and will continue to be in the future. "During the week-long observ ance, they will tell the story of freedom and individual initative, and the role of the oil industry in the growth and development of modern America. They will show how competition sparks every activity of the oil industry ? from the first stages of explora tion and discovery to the final products that are at everyone's fingertips ? and how the fruits of this competition have benefit-' ed each and every one of us." In keeping with tradition, the "Report to the People" will be made in a variety of ways ? in speeches and radio-TV broadcasts, in rallies and parades, contests and advertisements, at business and civic luncheons, dinners and other gatherings in schools and clubs, at "open houses" in re fineries, service stations, bulk plants, and other oil Installations. Motion picture showings and other special events have been planned too. In addition, hundreds of oil installations will be decorated colorfully to invite public atten tion to Oil Progress Week ? what it means, and what it hopes to ac complish. A highlight of the 1956 obesrv 1 nnce will be public release of the OIIC's new motion picture, "Des tination Earth". An animated car toon film in color, it spells out vividly the reasons why the United States of America has become a leading power in the world. It will be shown on television, in movie theaters, at rallies and gatherings, and, ultimately, will be seen by millions of persons. "Destination Earth" is the 1956 sequel to other oil industry mo tion pictures such as "Barrel Number One", "The Story of Colonel Drake", "American Fron tier", "Man on the Land", and "Crossroads, U^S.A." By 1975 it is estimated that oil men wil have to drill about 18,000 wells every year to supply the na tion with adequate petroleum and petroleum products. Drilling For Oil Costly And Risky Drilling fur oil is not only an expensive operation, but a risky jne as well, according to the \merican Petroleum Institute. The odds are long ? only one )ut of every nine "wildcat" wells s a producer, and only one out of ?very 44 is a commercial success? hat is, one that holds promise of returning the original investment ; :o the drillers. The deeper a well must be Irilled, the more expensive it be comes. For example, the average rost of shallow wells, say up to j.000 feet, is $10 09 per foot. The ?vcrage cost for deep wells, and hese are becoming more neces sary with each passing year, is in ?xcess of $40 per foot at the 15, )00-feet level. Thus, according to API, it is ?asy to understand why the aver ige cost for all oil wells in the United States is in excess of $50, )00 each, and the average for 'wildcat" wells is in excess of 5100,000. Some wells may run in 0 the millions of dollars, and nev ?r produce a drop of oil. In the current year, the oil in lustry is expected to drill more han 58,000 wells, and a good per- \ ?outage of these will be dry holes. That's why drilling for oil is such 1 daring challenge, and why the ndustry must have a continuing low* of "risk" capital to press its :ampalgn, according to the In stitute. Ocean Of Oil Awaiting New Tapping Ideas The techniques of oil production > have come a long way since the first commercial well was drilled in Pennsylvania back in 1859. But even the most modern methods leave much to be desired. The best present recovery techniques still leave quantities of oil under ground. Petroleum engineers, for ex ample, have estimated that almost 200 billion additional barrels of oil, which today are unrecoverable by conventional means, are wait ing to be tapped by secondary re covery, or by some new and as yet undiscovered method. Deepest Oil Well Is 4 Miles Down The deepest oil well in the world was brought in this year when drilling in Plaquemines Parish. Louisiana, produced a flow at 21, 443 feet. The well took more than a year to drill, cost more than two mil lion dollars, and has a total depth of 22,570 feet. That's more than four miles straight down. In addition to oil, flowing at the rate of 500 barrels daily, the well also produces 599,000 cubic feet of natural gas each day. 'Service Plus' Is Given By U. S. Service Stations Probably more people are familiar with service stations than * any other phase or segment of the * modern oil industry, yet few peo ple really know much about these ( units which make up the backbone k of petroleum's vast distribution chain, according to the American Petroleum Institute. "They used to be known as ?fllUng' stations, but they really 0 are what they are called now ? service stations," the API said, a "They not only retail basic pro- f ducts to the motorists, but they al- ti so provide him with a variety of extra services ? maps, battery 1; and motor checks, distilled water, v air for the tires, clean rest rooms, y information about roads, commun- h ities, motels, hotels, and direc- ii tions, in addition to minor repairs on cars and windshield wipings? all for free." r Competition is the key factor which keeps this phase of the in- v dustry on its toes, the Institute j said, and this same competition is 3 the factor which keeps retail prices 0 of gasolines and other products at n reasonable levels. The distribution chain is vast, si the AI'I continued ? and "rarely, si in any section of this country, is tl the average motorist more than an tl hour's drive at the most from a tl service station." In most areas, e the motorist has a wide choice of ii brand names and products, each s literally tailored for his car or p equirements. There are almost 200,000 ser ice stations in this country, the nstltute said, and 19 out of every 0 of these are independently wned or operated by local busi essnien. "They are and have long been ? much a part of the American ;ene that'we often forget about tie comforts and conveniences tiey provide for us, and. probably he majority of the times we nev r stop to think of the immense ndustry which stands behind the ervice station and makes atl thi ossible." Dctane Ratings Show Progress Octane ratings of premium lotor fuels are now within strik r?g distance of 100. Yet the** nioi r fuels can be purchased virtual y anywhere in the country, and re specific examples of the ef ects of competition on the pe roleum industry. A few short years ago. relative >? speaking. 100-octane motor fuel i-as used only for aviation fuel, et progress and competition have irought it literally to the motor d's doorstep. Big Savings On All Your $1.00 TWEED NOXZEMA SHAMPOO 69c | ^ ^ GERITOL ANACIN TABLETS (Fine Tonic) 9gc $ J.19 and $2*98 IF ITS A COKE OR A FILL YOU NEED ? SEE US! DAN'S DRUG STORE I S. A. Dantzler R. L. McKittrick HELP! Therek1 ?team-roller in rny W!" a v ,*m> < 4Cul v DovBfM T T was just a nightmare, thank good ness. You see, I had just seen the United States Testing Company roll their 270-lb. "Torture Machine" over 19 leading mattresses. What a beating! And what proof that Beautyrest lasts longer! That's right. Beautyrest lasted 2'/2 times longer than any other mattress! The first time the United States Testing Company discovered this great superi ority, they gasped and handed Beauty* rest their coveted "Seal of Quality." Now they test Beautyrest every month, and if Beautyrest doesn't stay up to the established standard, Simmons has to hand back the seal. But Simmons still has it! That really shows consistent quality, doesn't it? \?ru dan &eah1yl*est at MASSIE FURNITURE COMPANY 134 N. MAIN STREET GL 6-3311 I Do You Makt ? FULL USE of Our Serrices? How oft so luw you I ? haard HMOa* NT, "I with I had ukcd my i? I i lurinet man about I , that!". At this agancy I thars at* many ways wa I I cub. hslpful. Simply I call and ask u* to explain. I 5ILPATRICK-FELMET, Inc. | I*hone GL 6-3*31 \\\ Now's the time to reserve \ your winter * comfort! ? When you get your reserved seats for that first big football game, you know it's high time to reserve your winter comfort, too. One phone call will take care of it; our fuel oil trucks are ready to bring winter comfort right to your door. Our job in America's competitive oil business is to see that no one in this community is "left out in the cold." Our automatic delivery^ system helps us do this job. When you call we'll tell you all about it. Your call will pay,/ off in continuous heating comfort for your ^family?all winter long. ' SINCLAIR trf&s REFINING CO. I 11II ) I)IAL GL 6 :1421 ? 135 n. pine hazelwool) ^ metered delivery |*^?[{
The Waynesville Mountaineer (Waynesville, N.C.)
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Oct. 15, 1956, edition 1
9
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