St. Louis Post-Dispatch
March 29, 1930

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Page 1

S| e r; : b ne The * i. - — . ae oe . , 3 “2 Pa * nF Psy i r ew : i: i ‘a6, eh. io oe ‘ = ' rs ee iguces % 3 F . . > * 7 ———_ “ Py 4 ” « > - = : age et apal Ban ey Mee 3 gl ae NE as oe Aah ch AEE Aan Re DR a 5 af 4 — Mags iy af See 4 a. 2 Boies ag “RE ee te Sing > > te - icy Mahe : Pe > ‘ (oe a 4 ms. * F 3 ~ = —By a Dispatch Staff Photographer. UNION-EASTON TRUST CO., 5325 EASTON AV. HUGE OKLAHOMA GUSHER STILL I$ OUT OF CONTROL World’s Largest “Sweet” Shaft Wasting 2000 to 3000 Bar- reis an Hour. By the Associated -Preas. OKLAHOMA CITY, Ok., March 29.—Gusher No. 1 Mary Sudick, in the Oklahoma City oil field, today continued to run wild, inundating the countryside and spouting thou- sands of galions of oil high into the air. A companion well, which had been out of control since Tuesday, was shut in late yesterday. The No. 1 Mary Sudick. owned by the Indian Territory Illuminat- ing Oil and the Foster Petroleum companies, blew in Wednesday, a mammoth gasser, with an estimated daily flow of 200,000,000 cubic feet. There was scarcely enough oi! to’ the escaping gas. Gradually | the off flow increased; ‘until the well “drilled itself in” with what oil men estimated at from 27000 to 3000 barrels of of] an hour, one of the largest wells of its kind in the world. Workmen in oll drenched slick- ers went carefully about the task of installing a master-gate on the well, for the work was extremely hazardous. Tremenhdous pressure, estimated by engineers at 2000 pounds to the square inch, must be overcome without the ieast spark or heat from friction, to evade the danger of firing the well. While it was impoasibie to gauge the well, oil men pronounced it the largest producer o f “sweet” oil in the world. GERMAN CABINET FORMED BY DR. BRUENING, CENTRIST Leader Succeeds in Ministry to Take Place of Mueller Regime. By the Associated Press. BERLIN, March 29.—Dr. Hein- rich Bruening, leader of the Cen- trists, today succeeded in forming a Cabinet to take the piace of the’ resigned Mueller ministry. Julius Curtius, who succeeded the laté Dr. Gustave Stresemann as Minister for Foreign Affairs in tre Mueller Cabinet, will hold that same post in the new Bruening Ministry. Dr. Paul Moldenhauer, who was portfolio. ’ The new ministry consists of four . Centrists, two Populists and one each from the Democrats, Nonpar- tisans, Nationalists, Bavariaris and , ' CHURCH EXECUTIVE CENSURED: TOOK PAY FROM MOVIES Committee of Federal Coun- cil Reports Dr. Charles MacFarland Committed Great Error. NEW YORK, March 29.—Bisho ‘Francis J. McConrell, president of the Federal Council of Chufches of Christ in America, announced last night that Dr.“Charies & MacFar- as general secretary of the coun- cll “with a view to relieving’ the council's Policy Committee of em- barrassment over services ren- dered by Dr. MacFariland to the motion picture industry. Bishop McConnell's statement was made to the council's Adminis- trative Committee at a meeting yes- terday. The resignation was dated March 5. The Policy Committee reported, Bishop McConnell said. that “while accepting fully Dr. MacFariand’s a oa = i ; li Hie 1 " ; y Hi —e land had submitted his resignation | STATE ORDER TO LIQUIDATE REALTY LOANS: NOT OBEYED Depository With $234,000 Tied Up on Security to Which Finance Commis- SUIT IS FILED FOR RECEIVERSHIP tal Rumors — Say With in Full. The Union-Eeston ‘rust Co., neighborhood bank at 5325 Easton avenue, with capital and surplus of $234,000 and deposits of §316,- 000 in 6000 accounts was closed to- day at the order of. State Finance Cémmisioner Cantley for “bad loans and poor management.” Directors of the bank issued the following statement which conflicis By Leased Wire From the New. , York Bureau of the Post-Dispatch, with Cantley’s: \. heavy withdrawals, thé WUnion- Easton Trust Co: has been placed im the hands of the Commissioner of Finance for the protection of the depositors. It is the belief of of board that with proper and or- derlty liquidation the depositors will be paid in full.” Cantley said he instructed the directors of the bank to close when they notified him last night that the bank could not comply with an order to replace $135,000 in reai estate loans to which the depart- ment’s examiners objected after an examination late last month. The tion of the Federal Council te the | States 7 F E HH o i8ecehes . : i 5 : : # rH g i. Yee! | i zF asics. - , oe col stave DG Magee Ee a Chee ‘ Capital Had $135,000. Directors BI Detri 3 Si, seaming does phe P Oy ay ea a ° 4 wat? “Owing to rumors detrimental to Pat 7 hom fe: BS > eg Ee apo, : na Si a I tong iNet. Salama > age oa a 7 - ec * Y » aint ye J 2 e 4 — 4° 7 ‘ ¥ a, - . - . + “ Yt VEZ Lowy” #: ~ + 4th at ES ae ih dl —— “ agers as " a mA eee AYR RO ot tur y te a . “ oe - . 4 ; bak ork, a ee eo vy nt ; - ‘ ‘ oh ” om 4 i - * : ose on nO are evs - ani car ds + Papa ieee 6 eh ase : Te Tuime AP her ans ts Pay ae Aap ey Ra mt EE Wen A ak ee ae Oe Pua men: oo. Tae oad . i? z ‘ “a tery <* - ue pte Nove i : Pit SES aes 8 3 I SL. “By = wry ay * t SA it SA rea ha, Ne Se es 83 ; - pag. Sighcraiaoet eae aane Mee te oa % Sn eae fe RE a tee i Sa ee corde Mae). Bay bts Bae 4 ; TO aR PE € 2% ee pee YE eae oe 4 RF } mae et. ann et , e Us ret a ‘a 3 ‘ IX: jks : A ges i se HS