davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
SPECULATION WAS.
BRISK, WITH MUCH.
COVERING BY SHORTS.
General Motors, Pierce
Arrow, Crucible Steel and
Oil Shares Were Fore
most in Days Trading

New York, November 22.-Trading in
stocks today was dull and altogether
professional The only interesting or di-
verting features were presented by sew
eral highly speculative issues, in wnlcn
further covering of short contracts was
under way.
Foremost among these shares were
General Motors, Pierce-Arrow, Cruel
BILE Steel and some of the seasoned oils
at extreme gains of to 10 points. This
advantage in several instances was ma
terially reduced at the close.
In the case of the petroleums improve
ment was traceable to other than tech
nical conditions, there being indications
of another substantial advance in prices
of crude and refined products.
The active list was l to points higher
at its best, but rails and coppers were
inclined to sag. Gains predominated at
the firm close, L. S. Steel and several
of the motor specialties then attaining
highest prices of the session.
There was considerable activity in
bonds. especially Liberty issues, where
further selling was noted at new low
quotations. Total sales par value totaled
So. $50 900.
Old U. s. bonds were unchanged on
cali during the week 1t was expected
the recent liquidation in the stock mar
ket would be reflected in ,today's state
ment of the clearing house. The report
was disappointing, however, in that ac-
tual loans showed a decrease of slightly
lower than S65, 900, 0O0 with a decrease Oh
almost $40, 900, 600 in excess reserves, while
reserves of member banks in the federal
reserve bank were decreased by about
$4,000, 600.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Clearing I11use banks

New York, November 22-The actual
condition of clearing house banks and
trust companies for the week shows that
they hold sS7. 267. $50 reserve in, excess of
legal requirements. This is a decrease of
s9,S51,570 from last week. The statement
folfows
Actual condition: Loans, discounts,
etc, decrease, $64, so, 600; cash in own
vaults, members federal reserve banks,
increase, IS, 123,O 600; reserve in federal re-
serve bank of member bands, decrease
So 900; reserve in own vaults state
banks and trust companies, decrease,
1884, 600; reserve in depositaries, state
banks and trust companies, decrease,
1851, 600; net demand, deposits, decrease,
$780, 900; time deposits, decrease, ST.
S91, 900; circulation, decrease, $192,o00 ex-
cess reserve, decrease, $685., $40.
Summary of state banks and trust COM
panies in Greater New York not includ-
ed in clearing house statement: Loans,
discounts, etc, decrease, SIS, ASSOC; goid,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Our Officers and Directors

DR.. FREDERICK A. COOK, President
VIM. GOULD BROKAW, First Vice President
J. c. MIMMS, Second Vice President
J. w. TAYLOR, Field Mgr. F. p. SIZER, Treas.
WILLIAM E. CLARK,>Secretary and Manager
E. E. PEACOCK, Managing Director of Refs.
NEWTON E. GILBERT, New York, former gov
CONER, ex-congressman; WILLIAM ALLEN
DUNLAP, New York. capitalist, president Dun
lap Hat Company; E. H. STEGER, New York,
capitalist and president Of the peltGx GT,.; kHg
Washng..., y. c.; J. E. PEARCE, Galveston,
Texas; F. A. SCHEUBER, Livingston, Mont; M.
B. CART, Fort Worth, Texas; DR.. JOB G. HOL-
LAND, Holland, Va, bank president; CAPTAIN
JOHN MENANDER, u. S. H. retired. Fort
Worth; H. M. LONG, Fort Worth; COLONEL J..
o. VILLAS, Fort Worth; CT DE VRY, Chicago.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
CORN STIMULATED
BY EXPORT RUMORS
At THE SEABOARD
Oats Made Fractional Gains,
While Provisions Va
ried 10c Off to Csc
Advance


Chicago, November 22.-Buying of corn
received a stimulus today from talk of
export business at the seaboard and
from attempts to anticipate market eff
fects of a settlement of the coal strike,
Closing prices were unsettled, u to 17sc
net higher. Oats gained A@asc to ga
&c. In provisions the outcome varied
from 10c decline to 25c advance.
Corn traders at first showed dispo-
sition to favor the bear side owing to
fresh moves which the government had
put into effect to reduce the cost of liv-
ing. Then came word that purchases of
corn had been made at the seaboard for
British distilling interests The rally
which ensued in the market here gained
further momentum from gossip that a
settlement of the coal strike would be
interpreted bullishly, inasmuch as the
strike settlement would mean renewal
of buying of corn for industries Week
end covering on the part of shorts did
a good deal also to give values lift.
Oats were ruled almost entirely by the
action of corn. Provisions averaged
higher owing in the main to higher quo
ia tons on hogs.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23

PAW, within eight weeks after launching its fl
nancial campaign, is able to report to it's stock
holders and interested investors the following
progress:
Our Successful Financing
One of the notable financial achievements of
the oil industry has been recorded by the Texas
Eagle Producing & Refining Company in the sale
of its initial stock offering of 100000 shares at
$40 par value The few unsold shares remaining
still sell for par. Possible later offerings of
stock, should activities require additional fl
nances, to sell considerably above par.
Dividends will be based entirely upon the stock
sold and not upon the capitalization. Texas
Eagle Oil Company stockholders, who, with
son, have confidence in the ability and integrity
of the engagement, have absorbed large part
of the Refinery Company's stock offer. The gen.
eral public have shown their confidence in
most gratifyingly, subscriptions coming from
practically every state in the union. Leading
New York business men, experienced, cautious,
wary, have taken important blocks of stock and
sent their money to Texas to work for them. The
returns in Texas enormous
We shall sell only enough stock to build
finery and place it firm operating founda-
ton, lay pipe line and carry out our drilling and
production schedule. M
Refinery Construction Starts
We began building our refinery November 1,
had promised. 1t is practically financed
and its completion and operation in February,
located on our own 19o-acre site, within the
switching limits of Fort Worth. The site is
thanked by three railway trunk lines, eight oil
pipe lines and crossed by the Lone Star Gas Com
pany's natural gas main. 1t has its own abund-
ant water supply, with Fort Worths city water
system and the Trinity river nearby in reserve.
Our Present Crude Oil Supply
The Texas Eagle Producing & Refining Com
pany now has one producing well in Desdemona,
awaiting pipe line connection.
We have contracted with the Texas Eagle Oil
Company to purchase at current market prices
its production from the 5000 barrel (driller's es-
timate) Burk- Waggoner gusher in Block IL,
brought in October 10, 1919. This we'll has just
touched the sand and its flow is not fully de-
veloped, yet the oil is flowing constantly.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Our Well Drilling Schedule

In Desdemona

The Texas Eagle Producing & Refining Com
pany will own the production from "a wells in
Desdemona. 1t has contracted for and fully fl
naneed the drilling of IL wells its own "a
in golden Desdemona. Eight of these wells
will be drilled our Howard tract of 10 acres
offset to the famous Plains well, and four
our Bailey tract. These tracts are in the midst
of the~richest production by the biggest oil COM
panes
Our second Desdemona well should be brought
in December 10, and the third January 1. The
entire number of these wells will be drilled as
rapidly as it is humanity possible.
The Texas Eagle Oil Company has contracted
FOR and fully financed the drilling of IL wells
its 81 acres in Desdemona. Its first well there
should be brought in November 20. On Novem-
Der it was down 1000 feet. The Refining Com
pany owns this production of the Texas Eagle Oil
Company under contract
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Cotton Seed Oil

New York, November 22.-Lack OF
coal for refining purposes and the
strength in cotton effected a covering
movament in cotton seed oil. Final
gains ranged from to so points
nearby months showing the greatest
advance. Sales, 12,200 barrels. Ten
ders, 1900 Price crude. 1880; prime
summer yellow, spot, nominal; Decem-
Der, 2141c; March, ELSIE; May, Elsie.
Prime winter yellow and sumner white
nominal.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
ABOUT
PRICE OF SILVER

London, October A.-The rise in the
price Of silver is being watched with much
anxiety here. Already the price per ounce
is almost equivalent to the face value
of the coins themselves. If that point is
passed it would pay to melt the COINS
down and sell the metal.
This would be a state of affairs IN
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Produce Market

BY Associated "Tsss
New York, November 22.-Butter
firm; receipts, 567s tubs; creamery
firsts, 63@72c. Eggs firm; receipts,
7443 cases; fresh gathered firsts, 72@
Use. Cheese steady; receipts, 1871
boxes; average run. Six @32c. Poultry,
alive, steady; chickens, 21@24c; fowls,
18@30c; rooster, zoe; turkeys, $50 40c.
Dressed steady and unchanged.
Chicago, November 22.-Butter high
err; creamery, 47@71hc. Eggs higher;
receipts. s9s cases; firsts, 67@67 hc.
Poultry alive, higher; springs. zoe;
fowls, 15@1Skc; turkeys. sac.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
OUR REFERENCES

our REFERENCES are given to you to use
in investigating Wire write them; or,
better, come down and personally probe us.
Any Fort Worth bank will answer your ques-
tions about We bank with the Farmers
& Mechanics Bank of Fort Worth. Ask any
one of our 400 stockholders in the Texas Eagle
Oil Company about They get their first
dividend before Christmas. Write any oil
trade paper in Texas. Ask your own banker
to investigate u.s.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23

decrease, $4,000; currency and bank
notes. decrease, sS56,2Oo deposits with
federal reserve bank, New York, de-
crease, s., 80. O00 total deposits, decrease,
$12, $4,000. Total deposits, eliminating
amounts due from reserve depositaries
and other banks and trust companies in
New York City and United States; De-
posts, decrease, $11,74,50O.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Naval Stores
BY Associated Press

Savannah. November 22.-Turpentfne
firm, s1.57d1.5S sales. 1s9; receipts. l4S;
shipments, 10; stock, 1921. Rosin quiet,
sales, 6s1; receipts, 594; shipments, 164l;
stock. 55,12s. Quote: B-164O D-164o, MI
stock 5512s. Quote: B, $3.50; d. $3.50;
p F, 1880: G H, s1e.e; l, $3.50 X,
s1s.&; NJ, $685.; N, s2o12; w G, *2loo;
w w, so. oo@25.0o.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
How They Closed

New York, November 22.-Final
prices today on Liberty Bonds were,
3Ms. 1OO.1O; first As, 94.3O; second
As, $3.50; first 4Hs, 94.50j second
4As, 02.6O; third Ans. 94.26; fourth
4Hs, O2.5s; Victory, 3s4s. 00.20; VIC
tory Ans. 98.24.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Money Market

New York, November 22.-Mercantile
paper, 515; sterling 60-day bills, $685.:
commercial 60-day bills on banks, 3.99;
commercial 60-day bills, 39S1s; demand,
4.0Ss4; cables, 40415: franc demand, $50;
cables, SIS. Guilders demand 37s; cables,
37s4 Marks demand 2.33; cables, 2.35; gov
eminent bonds and railroad bonds
heavy.
Bar silver, 1.S5: Mexican dollars 1855.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23

preedentel in English history. France hs
already encountered this grave difricunl
the silver in franc being worth MOI
than a franc
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
1884,

Texas Eagle Producing & Refining Company,
Main and Fifth Streets, Fort Worth, Texas.
Centlemen:-I hereby inclose S. ........ for,
shares at par, $40 per share Of
the Texas Eagle Producing & Refining Company. I
understand these shares to be fully paid
assessable with no liability my part, and that
will share in all profits of the company guaranteed
by Declaration of Trust Please certificate to
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Cash Grain

Chicago November 22.-Cash corn.
No mixed, nominal No. 2 yellow,
$3.50. Oats, No. 2 white. @76o; No. 3
white $50 76c. Rye. No. 2, SLAP Bar
ley, $127Q155 Timothy, sS.50@11.50;
clover seed, s30@4s. Pork nominal;
lard s25.o7; ribs, s19502O25.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
In Burk-Waggoner

The Texas Eagle Oil Company has contracted
for and fully financed the drilling of four wells
on its five choice acres in Burk-Waggoner, the
first one of which the 5000 barrel (driers
estimate) well, which assured our refinery an
ample initial supply of crude oil for refining The
Texas Eagle Oil Companys Burk-Waggoner No.
2 should be brought in November 20. he der
rick is installed for drilling the No we'll We
own the contract for the Texas Eagle Oil Com
panys production in Burk- IVA ggoneZ
In Bscque County
The Texas Eagle Producing & Refining Com
pany has one-ouarter interest in test well in
Bosque county that was down 500 feet November
/ with most favorable showings. This well
should be brought in January l. The drilling is
in the heart of its 1000 acres, which geolo-
gists believe is in the vortex of the oil pool
In Stephens County
The Texas Eagle Producing & Refining Com
pany's five acres in Stephens county the envy
of every oil operator in Texas. The tract is
den, Magnolia, Duke Knowles and other large pros
ducing companies. 1t will be intensively drilled
very, soon
Our Reserve Production Assets
Our conservative and safe policy of drilling
only proved oil areas lands absolutely ad-
jacent to production, now deters from drilling
on our other vast acreage, even though every
piece of the land is the oil structure, was
cured on the advice of eminent biologists, is in
close proximity to the holdings of the biggest oil
companies, which fevershly drilling test
wells. Amy day the bringing in of great we'll
by our neighbors may send Texas Eagle re-
serve production assets soaring in values
The Texas Eagle Producing & Refining Com
pany owns grand total of 10000 acres of proved
probable oil lands and it owns under contract
the production of the Texas Eagle Oil Company
from grand total of $1,000 acres.
The Refining Compsny's reserve production
assets include:
line extension of the great Caddo field
OF Texas and Louisiana with close
and several ofse, blocks to drilling wells which geol-
egsts insist should be splendid producers
1000 acres in Sutton County, Texas
County, Texas, with biggest oil companies
perforating surrounding territory.
1880 acres in Edwards County, Texas, adjoining hold
ngs of the Cash Oil Company headed by Col. E. r.
Green multi millionaire who is fercey striving make
Edwards the banner oil producing county o Texas.
$4,000 in Lower California near Standard Oil
company's oil which the reported
$4,000 barrels production Standard md
companies spending millions developing fields entirely
rrcling
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Tive Stock


ny Associated Press
St Louis. November 22.-Hogs-Re-
ceipts, 1000; steady. Bulk, $13. 75@14.00;
top, s1415; pigs. s12.75d13.50
Cattle-Receipts, 400; no sales.
For week: Steers, 25c to 81 lower;
cows and heifers, steady to 25c lower
yeals, SOC lower. 4 "a
sheep-Receipts, $50; no safes. For
week: Lambs, 50@75c lower. Sheep,
steady.
Chicago, November 2.-Hogs-Receipts.
5000: 25c to SOC higher Bulk. i1S. TOO
1415; top, s14.25; heavy, s13.6O01415; me
dunn, s13.7O6J1425: light s1365df5.20; light
lights, s1S.4O4d140O; heavy packing sows.
smooth So. Goals. 40; packing sows, rough.
sl2. 5od13.OO: pigs. s13.0Od135O.
Louisville, Ky, November 22-Hogs-
Receipts, $500; steady to SOC lower All
weights. $3.50: throwouts, $500. down
Cattle-Receipts. 1000, closing lower.
Heavy steers, 81. 0OG1S.5O; heifers, 5000
II. so: COWS. s5.00d1O.5O; feeders, 5000
I. 25; stockersf $7.O0a1oOo.
Sheep-Receipts 80. Steady. LAMBS
81. 60; sheep, $500.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23

St. Louis, November 22-Corn, No. 3,
$40: No white, $3.50; December,
sissy. Oats. No. 2, 74c; No. white,
751sc; December, 7Shc.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
THE BIRMINGHAM AGEHERALD, SUNDAY, NOVEMBER %, 1919

strong. Sales: storm proof, 29Os sacks.
l0.S5c; receipts 22O3; millers 1898. Clean
rice strong sales S675 Honduras 5%@13c;
IS pockets Jauan, 61std11 9-1sc; 1925 peck
cts, 61S6114e.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Hubbard Bros. & Co.

Cotton Merchants Hanover Square. New
York. Members New York Cotton Exchange,
New Orleans Cotton Exchange, New York
Produce Exchange Associated Members Liv-
erpool Cotton Associations. Orders solicited
for the purchase and sale of Cotton and
Cotton Seed Oil Tor future delivery. Special
attention and liberal terms given for
signment of spot cotton for delivery. Cor
invited.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23

Potato Market
Chicago, November 22-Potatoes steady,
arrivals 46 cars. Northern whites,
sa clxed 60 S5M2 %
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
A CHRONICLE OF ACHIEVEMENTS

The Texas Eagle Producing & Refining Com
pany within eight weeks after launching its fl
nancial campaign, is able to report to it's stock
proRrexs:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Rice Market

New Orleans, November Trough r
The Washington times., 1919-10-13
DECLARES Farmers
WILLNEVER STRIKE

That the farmers Of this country
would never strike, was predicted last
night at the Trinity Civic Forum by
Charles S. Barrett, president Of the
Farmers Union OF America, and one
OF the delegates to the national in
dustrial conferences,
Mr.. Barrett said that the farmer has
no right 20 occupy the soil unless he
produces, and that the people Of the
city have no right to use the farmerE'
products unless they are fair and
square with the farmers.
THE farmers OF this country are
not proateers; they are not Bolshe-
vIlS.D said the speaker. "They stand
and always have stood for law adn
order.
''The farms Of America are capable
Of producing ten times as much as
they are producing today, and through
the Farmers Union and the great
educational prOgrams which are being
carried on in behalf OF agriculture
the day is not Tar distant when thia
point viii be reached"
Mr.. Barrett said that no branch o.
industry has advanced more in the
last thirty years than has agricul-
ture. and that there are still greater
advances In store.
The Washington times., 1919-10-13
president BETTER
T0IGN0RE ERJMORS
tcontinued from Flr8t Page.l

(Continued from First Poge-l
Instead, IL was learned. the doctors
nave adopted a policy Of ignoring
Secretary Tumuity today received
a MESSAGE from the Queen 0f Hol-
land. saying:
'Her majesty. the queen OF the
Netherlands, has instructed me 20
convey TO the President OF the United
states her profound sympathy with
his illness and the expression Of her
heartfelt wishes for q speedy and
complete recovery. ] WI greatly ap-
preciate your kindly transmitting this
message
It was signed crensr. Netherlands
minister.
President Nelsndez Of salvador
Il deplore from my heart the m
condition Of your eXcelleucy's health
aon make most fervent wishes for
your speedy and full recovery
on the ground that President vii
son Is not in physical condition to at
tend 70 Official duties, the Senate For-
eign Relations Committee today de-
layed action indefinitely on two reso-
lutions calling for information as 70
international matters.
When the committee took uD the
PoindeXter resolution ealing on the
President for information concerning
Chino-Japanege relations. as reported
conhdentially By American Minister
Reinsehs Senator John Sharp VIII
liams OF Mississippi, Democrat, raised
objection, declaring that President
Wilson i8 IN no physical condition to
attend 20 the request and that g
ought not be thrust upon him az this
time.
The committee accepted WILLIAMS
view by unanimous consent.
For the same reason, action on the
King resolution asking that Thrace
be given to Greece and that Constan-
-tinQDle be made a free city under the
League Of Nations was postponed. .fn-I
definitely.
The Washington times., 1919-10-13
THIEVES STEAL
SAFE And $276
Cash Register Also Reported
Missing-Man Loses 500
While BE Sleeps.

Thieves stole a safe containing &276
and valuable papers from the SAM,
tary Grocery Store, 2O7 Thirteenth
street southeast. early this morning,
according to a report made to the po-
lice today by Harry Hoskinson, sec
retary Of the company. They secured
entrance to the store removing an
iron grating in a rear window.
Valuables worth about $3.50 were
stolen from the nome of F. D. Long,
2l16 Fourth street northeast, by a
burglar who entered the residence
early today. a revolver disappeared
with the jewelry, police were told.
A single-hOrse harness was stolen
from the rooms of the Cook Paper
Company, Il o street northwest, early
this morning, said F. W. Schrumph in
a police report.
The apartment Of Albert van
Steiner, 1905 Fifteenth street north
west, was entered by a burglar using
a jimmy some time last week, accord
ing to a report he has made to the
police, which says that jewelry val
ued at $4S5 was taken.
Mrs. Anna L. Brown has told the
police that during the last week val
uabIes exceeding 1900 have been
stolen from her home, 3105 Thirty
fourth street northwest.
The cash register of Richard G..
Lockers, at 1925 Seventh street north
west. was robbed Of $500 last night.
Leon Schencks told the police that
some one stole 500 from under his
pillow while he slept Saturday night
The Washington times., 1919-10-13
CITIZENS TO OPEN
MT.PLEASANTD DRIVE


The Mt. Pleasant Citizens Associa-
tion will undertake a drive for in
The drive Is expected by members to
exceed any movement Of this kind
ever undertaken by a citizens body
in Washington. Plans for the cam
paign were outlined and passed at a
meeting OF the association saturday
night in the Brown Betty Inn, six
teenth street and Park road north
west.
A hOuse-to-house canvass Of the
entire northwest district will be made
BY committees to be appointed with
In the near future. At the sugges-
tion Of H. A. Phillips the territory
to be covered viii be divided into a
number Of small districts. each dis
triet to be assigned to a section
with president at its head.
Men appointed last night 70 head
these sections asf presidents are:
Major Robert oung. II. A. Phillips,
John A. Hunter Capt w. +. Bancroft
DR.. Charles Campbell Karl Langen-
beck. Joshua Evans, jr.
Melvin Sharpe and III. A. Phillips
were reelected as delegates to the
Federation Of Citizens Associations.
A special committee. headed BY w. II.
White, was appointed to invite speak
ers 70 deliver actresses on special sub
tects during the winter.