davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
CLOSING STOCK LETTER

tFrom I"gan & Bryan tn \. T.. Master
h.! rr!vaI" wirr.I
NEW YORK. Mar i l.ui"r rh'
leadership 81 /. =. steel !lr marKrt
tn-rlav ..\hib:i"d murh str"ngt;.. The
advancing I"nicu'y was most conspiC-
nous in III" Junior shares III III" l.. :.
steel corporation. ,hr h"malrd for IT,"
sam" being ~ Il rather general "harnc-
tor. with ~" result hat tho prir" a.!
thrS.. shares advanced Ia ths best re-
corded in sam" in SOM" time
News Of nv"r-Sundar was construed
b. tn" street being ~ 4 rather IA
V"rAhla kind and The remarks credited
/" III" chairman Of the Snuot" nnauc =
rui;Irm. It''. III substance iniima ting that
another Liberty loan will pruta bly, m.t
IT, called for until next winter and tn.
remarks az the sam" official indiratin
hat tn" governments financial cundl .
ton was more Favorable than for some
Time past. quit" attracted much aitrn-
ton and fn$t"rrd Il moro cheerful feet
IuE.
War reports from n. western BATH"
tr'rut .ndivai.d thai the allies. nave
strengthened their positions consider
ably and NJ number OF points Ina, e
m","ri f"rwnrtl.
In tn" railroad department nc the list
better h"nand for thrS" shares was
stimulated Ivy milk in circulation. al
though auth"miir information Is lack
ing. nm III" carriers in ihr near fu,ur"
viii rrr"iv. n rather substantial in
crease IN freight rates "f u general
character
Peace ialk VIZ in circulation and
willis n" snrn' lid not command close
attention. il wnS taken I" Indicate that
III" i;"rman dr,v" on h" west front has
beer less 81 n success than n" ;;"rtl,nr
rJrh C"n!mail anticipated or that in.
trrmHl CONDITIONS in III" T-utnnir an
fires n"rcSsltatcd such mny".
The "xlir"t"d good showing IF tho ma
j"ri'H Of TN" leading steel companies in
their FIRST quarter earnings statement
AMI lh" rr"sp"rte wat mills will IL,
called up"n la work a. n full rapaCi V
lrnSt during IN" balance Of !he year
with consequent good revenue results
and the pursuance Of 4 rather liberal
0l'id"nd policy. primarily respuuSial,
fnr thr having poMHr whirh % lat" has
concentrated IN tho steel shares TT"
influences ui The moment, we r"ri arr
not 81 - sort "a encourage III" inAuSi-
rati"" az selling "r"rati"ns.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
SUCCESS OF LOAN
AND WAR NEWS HELPS
THE STOCK MARKET

St.U YORK. MAY 1.-THE srAtit!'hS
success of the Liberty Loan "h"n au>'N
,n,t,callv releases EQuid 'npital iE"'i*
many of It's rerru: restraints. ana LII"
mora hnp.fu( war bulletins ga'" oe-
,.,d.,i ,nlre,us To- lu-day'S stock lnSrRt('
.v.ra, leaders SCORING new high records
~:.tr The Year.
r..r,.mus, among these was United
S.a,.s S;,.l, which rnadr an extreme
advance OF ~ points 70 par or 100. eN-
..,..d,nS rs previous maximum OF the
vs,r by II, points Steel wAS c"TIii-
i.n,lv absorbed III single lots OF t.""V
:, : mn shares. again contributing tnor-
.,,,ns,, 10 the DAYS moderately large
,utai.
Affiliated induStrials and equipments
.sp.c;,lly Bethlehem. & rucIb!e and Lack
.Dnnn. St.ciS. Republic Iron and TREAT
\n-th.rn oregon. retained m" better
r.rt -: their /" -" pom, gains with
general ..l..,,i". New York Airhraks and
Nmeri"au ''ar.
Sh;npinyS toba.roS and sugars we're
. ,naini. r..rr,S"u:a:iV" -: I rtv'Ntt NJ
,rnf.sS;unaI activity. $uuatra t"ba'r"
,,nr;utinr " n"w maximum on It's
gross gain "t :. i".u,S |" i""tt:. '"P-
prs rilS ara, fertilizers d"rit''t n'u'A
.nt .hcir Sircugti, from pool opera ''""s.
Rails Jagged rui,srlr'!"ust% III th' IttSt
nalf &c IN. session. hut became active
ard stranger later uuI'r SUtdAnr" "1
,ran<"cu;ir",t:ti~ grnrS"T-. ii'anihS
ard secondary cu;irr$. In general. the
haSr Tu"iittt"rS w"r" Registered III 'h''
.i.S.. Sales amounted t. 80. "''" Shilr"@.
s:rndS Iu"l:tl:n& tn" Liberty group
w-r., t.rrn on IL ;r"noun".'! di'nin"'s"'
49," offerings z Aal Sal"> rr'r Ha!n">
aggregated $3.50" ""''
I'n.t.,. St,,.< t",niS f"id issues " -
;:t..:;fanc+d or call.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
Butter, Eggs and Cheese

NEW YORK. May 6.i-Ru'ter firm
creamery higher han extras. III. Il a.:
creamery extras t92 -""r"t. +Sr: hrsiS.
49,. G,47's packing stock. current make
80 .. H.: 1t 3"'.
E.ggs. steady: fresh gathered "HiraS.
3SGt3si:c: fresh gathered storage packed
iirSts. So h3T'=: do. regular packed.
rxtr;. nrSi$ 3I'2 II Sc: 10. NrsI-. '''"'
:i..: state. rrnnsI lyan!t and u''arhy
western hpnn"ry white. fne !" fancy.
so, i.,: stat. Pennsylvania and near
IL hrnn"ry browns. &Sfi acc de-.
Earl;rr"d browns and mixed r"i"rS 10"
&c
,'h""sr. steady; stat. held. specials.
49,, ii IL: de-. av"raG" RIM. 80 %: do.
fresh Hprrial%. go c3": do "N"IhS"
run. :" &c.
IIvr ,",uliry firm: old r"oSt"rS &c:
Young r,nst"rS and smooth legged "hi'F-
ms. a5r: turkeys. Goa @5r. fowls. &c.
Dressed. firm; chickens. =! ;"' fowls,
@9tf aic: turkeys. ~ Il "S".
Flour quiet.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
WARRINGTON

MIR. ami Mrs. \. II. Singleton enter
tanned = party Of tw"lN" young men az
their huIn" on East High street. Friday
evening III honor If heir sun. lsnyih"nd,
who Jeff SATURDAY /" j,r:r hospital unit
I,ht~fr i..HtrS at uHtt Ter Franco.
Mr.. and, Mrs. Walter Prichard har"
said their h"mr on F'urhrr av"nu" L.
Max Jarrr and viii NOV" mt" the PROV
erIy recently occupied by y ii. 'lhyt"li'
IN, Leigh has left f,r Norfolk, Va.
wh",, hr Will enlist n iE'' /. :. Navy.
Fred \. prlchar! has returned t"
Washington. u. e.. after visit with
relatives here.
Joseph M"i! is r,p>ing int RI" Lam
cast,r property which H. recently pur-
chased "n ClarksburS street.
Mr. Hugh Fox. as r'H.rHnni. sN"nt
the wr"!. end with his auni here.
r. Is. Howard and family ar" NOV
ing 20 t'urh,c avenue.
l.af- Sn"Icr is business "I"it"r IN
DcirHn. Mich.
Mr., and Mrs y. u. Clayton ar" may
INK into uh" Beatty property "n Pleasant
street.
Leslie I.,all and Gu Sh'.nn"n leave
for ,'uluIrIris MnnhnA. wh"r. lhr$ viii
apply for rnlStri'ri IN tn" /. 5. m"-
rinGs.
John t;l,v,r. "f FaIrm"nt. WAS visi-
tor here Friday.
Mr.. ii"nrg" Frank. "C Maysrillc. Ky.
is the guest "f Mr.. and Mrs. f.. +. Fur
bee on Locust street.
Mrs. Dora sharpe and daughter. "re
hnlE- from Dultnis". Pa. where they
have hrrn the past few monies
Mr.. Harry 'iIamit"u. "f t'airmont. was
the guest ~ friends her" over Sunday
Mr.. Dallas Hamilton. who attends
school At MorEant"wn. spent IT," wee
end at h,.. h"n:" here.
nr. Trsn", Of taIr,noni. "as bust
r-Ss visitor in Davis Friday evening.
Mr.. and Ms. Albert Jones. "f emf
tor. visited friends her" last week.
Irs nu and daughter Miss Grace.
nf Fuirmoni. spent week "Ed hoy" with
relatives.
Rem Turner spent tn" week "ud NJ his
home hare.
clay Tn"Ihmar. vi Fa!rinnni. VISITED
friends her" over SuudHN.
Miss Mary Summers. "f M"r."rn,"Wn.
was gure; If friends her" this week ."nd.
Mr. j.. y. Smith ri tmrh"raI"l. wa&
\ business visitor her" !a::t THURSDAY,
pike" Mage" has returned from a
visit tn I;uckEann"m.
Miss Josephine clark spent tho w""k-
end ri her hnm" hrrr.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
Warrington

Mrs. - e.. Basnctt entertained at an
afternoon party Friday complimentary
to Mrs. Pay Coulter and Mrs. ". NJ.
pollmyer. who will leave soon for the
west. where they will locate.
Mr. u. Dolphin is business visitor
in Pittsburgh.
Ter. Janette. left this morning for
visit with Lieutenant and Mrs. G.
Blake at Chillicothc. o.
Misses Mary and 'Gwsndolin. Hanley
left Satuvda: morning for visit 4;
rhiilicothr. -.
". VI. Bayles OF Sameron was busi-
ness visitor here yesterday.
Miss Virginia Shaw is home from the
university for tho Weekend. MISC Mary
Sumcrs Of clay. w. Va. accompanied
her.
MessrS. Hugh F. X Harry Ham:l-
ton and Dorsey Love OF t'airrnont were
her" :" attend the dane" given by the
INWARD orchestra.
Miss Virginia Hewitt Is home from
Morgan,"wn for Sanlay. Miss .Arm":a
B"nIiz Of Franklin. Pa. accompanied her
home FOR III" wcck-"nd.
Max Moore is over from Fairnr'nt
this morning.
Little. Miss Ethel Flanley is abb" 10
l." nur after IN attack o; humps.
ii"rn. Thursday. May :. 1915. to Mr..
and Mrs. al Wymst. n son.
I'll" many friends Of Mr.. and Mrs.
Alien will learn with surprise Of The
arrival ut t"n-pound girl.
Mr. Dayton IL visiting at his home III
Ohio.
Miss Rrulah is home. from Wv L.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
MERGER DECLARED VALID.

WASIl1NGTON. May 6.---MerS"r i'll
lH"G Of the Cumberland Presbyterian
church with tho Presbyterian church.
and consolidation nf their church prop
e"ty was DECLARED valid to-day BY The
court.
Federal DEGREES awarding control 81
the S2ho.nHh endowment and buildings "
III" Missouri Valley college a cumh.r-
land educational institution Of Marshall.
Mo. ~ Tho Fresbyt"r:an synod If 49,
sas. also wsre sustained
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
AMERICAN HOSPITAL
BOMBED BY GERMANS

FAIRS. May G.---Th" hospital estab-
lish,rI mar thu front by lbr. Alexis Car
roll. Of the Itnrk"frller Institute. has
been p"rsISt~utly hninbed H. ErrruH!.
aviat"rs aud now is almnst entirety lie
sir"y"d. lrspit" the fact that II COW
stantly few "A flag bearing Il hug" rcd
rruss and Was further :d"n'ih"d Il! an
rmm"nsr whit" ross rmr&"h Oh tho
lawn
Thr wuuuded wrr" successfully
moved early in April. IN" only victiris
nf III" hnmhinE being two doctors. who
ware slightly injured.
lr Carroll Will install Tho hospital
III Paris or IN tn" suburbs.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
LIVE STOCKS
CHICAGO LIVE STOCK.

CHICAGO. May 6.--IlogS---R"c"ipt
81 .non. mark"; strong: hulk $l7.:3 d
l;.77;;; NEMt, T9nT lT.S5: missed slT."o
Tl7.S5: heavy SID Gu q 1863. r"uch",
SIG. "n4:lG.,, pigs. sl%.jG n 49,.
Cat',"-R"r";i.iS. l'.."n": :Mark", firm:
native steers. sln.lQ,I l7.?n: suckers
md f~"L"rs. SH."nT f1c .In: COWS and h"if-
rrE ST. so ffl4lG: calves. SS.hh n li.2".
Shr"p--R ecrirtS. 10 A0h; mark firm.
>h""r. sienna 1915: Iamh@. sl:.I"'!
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
OPENING STOCK LETTER

Private " Ir. Ia III" Finance Co.
NEW YORK. MAY c.--nv"r Sunday
nrws fr0u abroad shows very liitt"
"hnng" in ;h" general situation. The
iorn ssanS 20 h> n-"rsuhscrih"d about q
billion dollars TIL" bank statement
showed <, m" loss hut reserves SIN were
satisfactory. We do no; lnnk for any
great activity Al III" morl''nt
uAEKIS. WfNrIIR,nr 4 20
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
CAErT BE CLOSED

Sax FRANCISCO. Mn! s--nrI.I
Angel trait. in III" Grand Can;,"r -: ~.
Colorado river. rannO; De r;os"d ,n ~.
public by 'lnra;ing il ~ p mining
claim. 'h~ United STATES circuit cnnr, If
appeals ruled her" to-day. The ruling
supports refusal W III" department 49,
tn" in "rior - permit tn" Iapc Horn
I.ni" Mining company /" m7k" such L.
~ ion
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
TOLEDO GRAIN.

Tpi.EI"i. -. May G.--Wh,H'. rh~h M.
red. $50.
llov-rArrd prime cash. SIS. DC
;nh"r $3.50.
AlSiN". prime cash. SII.:I.
Timothy. prime cash. old. $%Sh: now.
S2.S.: September. S4.45: october. $i.l@.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
New York Cotton Market

WHEELING. " VII. May +. is.
Furnished Tho Tr;eliic rnr"r by A. z
Mas.en & Co. m-uhcrs "r the New Yorg
Stock Exchangr. National Bank Buil1.
;ng. Wheeling W. Va. Louis +. Brand
manager.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
Curb Mining Stocks.
PITTSBURGH STOCKS

WHEELING. W. Va. May s. IS.
Furnished the Intelligenccr BY A. K.
Masten s Co.. members OF the New York
Stock Exchange. National Bank Build
ing. Wheeling w. Va, Louis r. Brand,
,,,n
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
NEW YORK CURB MARKET

WHEELING. W. Va. May g. rs.
Furnished the lrtellig Hncer by A. f
Aasten < Co. members OF the New YORK
Stock Exchange National Bank Build
Ing Wheeling w. Va. Louis +. Brand
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
Standard On Subsidiary Stock

W'EfEE1ING. w. Va. May s. 1S.
Furnished the lrreillEenc"r by A. E
Nast"u & co. members If :hc New York
stool Exchange. National Bank Build
ax. Wheeling W. Va. Louis l.. Brand
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
N. Y. STO,... EXCHANGE

WHEELING. ". Va, May +. is.
ylrn:Sn.d the. Im:e!lissEcrr oy A. ID
Aa,:.n g. 90. nlclnoers ~ the New orR
st.cn tx hang. National bank 3ulld-
i.x Nn:e.lug ". Va. :4ouIs r. Brard
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
BOSTON COPPER STOCKS

WHEELING. ". Va. May 6. TX
FurniShrd the In'cl1lgcncsr by A. e
Na.ttr:i & Co. members 81 IN" Now York
Stock Exchange, National Bank Build
ing. Wheeling W. Va. Louis +. Brand.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
PETROLEUM

OIL. IITN. "a. MAJ "-.''r"h.i ha:-
anr"S. 81 nn i:rnS. l@7.7%%. average.
Gn-%. Shipments GN.H91. av"rnr &.
ID ~,
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07

r. W Wagner & ca. 'rh.. meteor Is
SUES VIII probably continue uud"r pros
SIR" uniil sonnet htnE /" G"iin!,"lr known
concerning pleasure car ,'tIrtn iItu.ni
Th.se issues. however. appear 10 hav"
discounted tho ,cor<t IN rh!s rcuncctt Inn
and will have a better uInrk., LAYER ,r
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
Chandler Bros e. Co

Chandler Pros. & Co. I'n!,~s W, ~.
lost IN a s"nsH ~ snl;-r"sl"."t and rl"rHl
and national integrity "" should d"ri"r..
war against Turk"y,dnh bulgaria. What
can q Representative. government m ans
form gain lay Hn hiiian"" O" n"uirnft' =,
with th" Turks sustaining his militant
alliance with the reuton
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
WEATHER AND PEACE
GOSSIP BEAR FACTORS
ON THE CHICAGO PIT

CHICAGO. May 6.--lJ"uI weather AMI
the bcariSft Influence of pear" gossip
made .hr vaIu" uf corr. today avcra!;"
lower. Prices closed unsettled. ~ !sc
NJ, decline "a lsc advance. with May
$l.97%. and July Sl.47A to Sl.i;?s Oats
finished isc !" 9t.c down. and pro-
visions off st IL I5c.
open. High. Low. Close,
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07

Il. .. Forbes *sty&: r." rhan,.rs rr"
8 !" ! that tn" next substantial rm"v...
'n"nt will be upward rather '!Inn down.
ward. believe also that when 4 d"!i-
mite adrnnc" sets In It's imllial stages
Will b. worry rapid. President Sahim "i
III" Guaranty trust Co., says: What j.
needed ts more constructive aItitEd"
toward business IN 'hr part "r H." gov
eminent IT our pr"IuCtiv" capacity is tn
be Increased TO It's maximum
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07

Joseph hal & Co. w" look fn- al
vnnc~S among th- rails S.c..ls ,.,,.;..rs
equipments and oils.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
LOCAL STOCKS

WHEELING. W va. May e. rs.
naily quotation list OF Inc Wheeling
Stock Exchange. compiled for intei:i.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
WANTED

Superior California Farm Lands Ad-
justment IS.
Twin Falls North Side Land and Wa
ter IS.
American Water Work and Electric Sc.
P. o. BOX 1345, Pittsburgh.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-05-07
FINANCIAL OPINIONS

tBy private wire I" \. L.. Mastru * CO..
Financial News Bulletin Sass: Buii-
ish oprratiOnS ar" expected on account
OF the overSuhscriptinn to the third
Liberty loan. Reactions are autIcipul ii
i'll III" event OF sharp hu?IuI. Prof.. =
SIGNALS are already disposed - TAKE IN"
stand that tn" mark", has di$r"uut"h
the news and are selling for It turn TN
rec"Ssi"nS. We think purchases should
b. mad" in st"rIS r"ppcrS. equipments;
anu shipping issues
Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-02-07
CHARLES w. BARNETT
RESIGNS OFFICE TO
SEEK ANOTHER ONE
Continued from Page One)

Continued from Page One)
of the car can be heated without heat
inc the back Of the car. or vice versa,
or both back and front Of the car
heated at the same time. with COM
plete control Of the heat at al times.
It also utilizes all or part Of the ex-
haust gases from the motor in the
front or back heating chambers or cas-
ings separately or both at the same
time and provide means to protect the
occupants of the car from the ex-
tremely heated surfaces.
Wide Latitude Of Use
The invention, In addition to being
practical and sure of operation. is so
simple an arrangement as to make the
cost reasonable as an automobile ac-
cessory. 1t utilizes the heat of the ex-
haust from the engine, which is car
ried to heater castings in both the back
and front Of the car.
The heat may be utilized as the
owner OF the car may desire, and ac-
cording to the weather, and in warm
weather may be shut off entirely and
the exhaust heat taken care of in the
maffler of the automobile in the usual
way. Like many other inventions, it
seems peculiar that with the thousands
Of automobiles in use that such a de-
vice has not been thought of years
ago, for it will make automobiling in
cold weather a pleasure.
The retirement of Charles w. Barnett
from the executive staff at the city
hall removes one Of the most familiar
faces from the city administration. 1t
Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-02-07
FRANCE IS ABLE To
SUPPLY AMERICANS
WITH NEEDED GUNS
Republican A. p. Leased Wirel

NEW YORK, Feb. G. - Announce
ment that France will be able before
July / to manufacture enough artil-
lery to supply 20 American divisions,
or approximately 100000 troops, if the
United States meanwhile adheres to
an understanding by which France
would receive the necessary raw mate
rial from America, was made here to-
night by Andre Tardieu, French high
commissioner to this country. Mr..
Tardieu made the statement also that
there are in France today more Ameri-
can troops than comprised the Ameri-
can army at the time the United States
entered the war; at that time, he said,
the American army contained about
$4,000 officers and men.
The French official spoke at a din
ner what was part Of New York's
Franchise, which vas observed
throughout the United States and Can
ada today. the anniversary of the
treaty between France and the Ameri-
can colonies in 1878. Jules J. Jus
serand, the French ambassador, also
was a guest Of honor.
Asserting that secrecy ought to be
a thing Of the past, because our de-
mocrarcieS want to know in order to
WILL" Mr.. Tardieu said that lust ap-
probation of the results achieved" by
American in its war preparations lis
stimulent for effort and nobody has
the right to refuse to the American
people this stimulent" The commits
sioner reviewed the nations accom-
plishments and outlined what France
had done in the way Of manufacture
ing ordnance both for the United
States and for Frances other allies.
I'VE have in the line" he said
about $4,000 guns of every caiibre
and every day more than 800, 900 shells
are turned out by our factories. To
get those guns, to produce those shells
we created an industry which did not
exist before the war and which has
enabled us not only to arm ourselves
but also to arm our allies.
Without speaking of what we manu-
facture for you, and that is several
hundred guns a month, we have dur
ing the past three years given to our
allies in Europe 1,350.o00 rifles; 1900
automatic rifles; 10000 machine guns,
Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-02-07
CALIFORNIA NAVAL
PETROLEUM. LANDS
To Be TAKEN OVER
Republican A. p. Leased Wirel

WASHINGTON, Feb. 6.-Plans of
the navy department to take over by
presidential proclamation and to oper-
ate all oil and gas wells on naval petro-
leum reserves numbers ] and in Cal
ifornia, were explained today to the
senate naval committee.
Senator Swanson, acting chairman,
explained that he had drawn a bill af-
ter conference with Secretary Daniels
and Attorney General Gregory and that
its purpose was to settle all disputes
with private claimants which have tied
up the lands for several years. 1t was
desired. he said to give the president
power to offer a price even TO claim
ants who presumably had no legal title
to their wells. Should they refuse that
price, they could have recourse to the
courts. Ii they lost there they would
receive 10 per cent of the original offer.
Lieutenant Commander n. H. Wright
in charge of oil reserves for the de-
partment was the chief witness. He
said that if the navy took over and OPP
Grated the $50 wells on reserve num-
Der ,, existing contracts with various
California capitals would be carried
out. If necessary additional gas wells
would be drilled. The present wells,
he said, would produce sufficient oil TO
last the navy for two years of war and
eight or nine subsequent years of
peace and in addition would furnish a
reserve of 250,000,000 barrels.
1t developed that the stock Of oil in
California is declining so rapidly that
a serious situation is threatened. Com
mander Wright said passage of the
proposed bill would enable the navy to
develop its oil field to meet that sit
uation if the extensions by the private
owners failed to overcome the shortage
The navy intended he said, to keep IN
the California oil supply and to trade
its oil at the pipe lines for refined
products at suitable delivery points fol-
the fleet.
While the senate committee was in
session the house public lands commit
tee held a hearing on the Ferris oil
land leasing bill. Bea.amin J. Rice
representing the Roxana Petroleum
company, a foreign-owned concern
testified that his company favored
legislation as to leases and royalties
that would enable it and other indepen-
dents to compete successfully with the
Standard Oil company