Word: nevadas
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Dates: during 1950-1959
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...Winchell broadcast the news which dailies carried Monday morning. Next day the stock rose 2¾ points, thanks to Hughes's offer-not to Winchell's tip. Last week Winchell breathlessly peddled another hot market tip: "Another tremendous oil strike 60 miles south of Ely, Nevada." But the "news" had no effect on the market; Shell Oil Co. itself had announced the oil strike two weeks before (TIME, March...
...straggled Nevada's Republican Senator George Malone to register a ringing aye. Then came Joe McCarthy (who is usually late for roll calls) and Florida's Democratic Senator George Smathers. Both were for the amendment. The count: 60 to 28−still more than enough for passage. But two other latecomers, Pennsylvania's Republican Senator James Duff and Oklahoma's Democratic Senator Mike Monroney, arrived just in time to vote against the measure. That made it 60-30−precisely two-thirds. Vice President Richard Nixon, presiding, took a long slow look around the chamber...
SHELL OIL, which struck the first oil in Nevada a fortnight ago, may also become the first producer in Arizona. So far, the company has gone down 5,960 ft. in the northeast corner of the state near the Utah-New Mexico border, found traces of oil and a pocket of natural...
...desertlike copper-and-cattle country of east-central Nevada, Shell Oil last week struck oil, the first well in the state. Thus, after years of search and 75 dry holes, Nevada was on its way to becoming the 29th oil-producing state. In a four-hour production test, Shell's Eagle Springs No. 1 gave up only 30 bbls. of commercial-grade oil. But geologists talked enthusiastically of a big pool down below, and there was an oil rush on in the state...
Shell wants to go deeper and drill other wells around Eagle Springs' perimeter before it claims a big field. But Nevada was already in the grip of an oil fever. By week's end, some 2,000,000 acres had been filed on, bringing more than $1,000,000 into Reno's land office...