davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

Corner Sixth-ave and East cervan-
ties 81.
John g. Skottowe. rector. Recfory.
see East CervanteH. Phone 1898
sunday. Dec. i2 (third in Advent
Holy communion. a NJ
Litany. 1880 a. M
Morning prayer and sermon II a. M.
Evening prayer and address. y so
4. IN.
sunday school. = 40 q m.
Friday Litany. 7ss0 M.
Daily celebration holy communion.
? A. m
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

First Church o. Christ, Scientist.
rs West naimonf-st.
Regular services. sunday morning
II a. m.. "Wednesday evening .. m.
Subject. Sunday, Dec. ~. God, the
preserVer OF Man"
Reading room and free lending IL
hraFy (Aame adarexsD open every
weekday lexcept Wednesday from Z
10 3 p. m
Everybody cordially invited
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11
Church ss Christ.

Church 81 Christ.
Corner Aleaniz and jackson atrantm
Bible school a:sS.
Preaching ~ o'clock.
Communion fellows sermon
Evening service 1850 O'Clock.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

SUNDAY school. $40 a. m.
Morning service. II q. n. Preach.
ina bg the pastor. Dr. A. =. Moffetf
The Christmas meeting q the Wee
Folks and Junior Mission Band wgil
be held az the sunday school rooms ~
8, 80 p ~. sunday afternoon.
Christian Endeavor Society. "a
y. n
Evening service. 2 50 b ~.
Afsd-week prayer meeting. weanea.
day. $50 , IA.
6adsden Street Methodist Church
sunday school. as4s a. n.
Public worship. II q. IN. Tn the alb.
aance ~ the pastor this service Will
- eondusrted ~ the laymen. w. H.
wheat presiding. Talks on i most
important subject VIII be made ils
Pref Tyler. Dr. filler. r. r. Briwgs
Miss ida Hoer and others Special
music. AL wilt find fhis a most lntsr-
esting ana profitable SERVES.
Epwcrth League. 8 80 D. ns
Evening worship. Sc p. IA. with
preaching ~ Rev. M. Cock. supes.-
infendent Florida Anti Saloon League
Stewards meeting. Tuesday I 90
i. m
Prayer Haeetang. Wednesday. Sc
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

Notice - hereby gwen tnat the an.
deFMiEnrd. administrator 81 ths estate %
= 8. AIcGauRhv. deceased, will e. the
s2nd day ~ January. a. -. 1891. pae-
sent his Anal account and oueheFs to
tho county Judge OF Esca fabia county
Florida and n * - he discharged from
his said Enthusiastically
4. ~ AIKEN. Administrator.
Nov s0th. 1850 oaw-aw
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

New Jersey pine forests have bees
foasna good foF growing fruit.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11
HELP-FEMALE

WANTEpe-Wouan 10 DO cooking and
attend e. Young child Must i've on
pace. White preferred Phone 1851
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11
Sd. John. kilsslon. WarrInaion

sunday. Dec. ~ Cthird n Ad,ent1
Holy communion $50 a. m.
Evening prayer and sermon. ais
p. m.
Sunday school. $50 a. m.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

Notice q hereby given so creditors
leRaieea. distributes, and ali persons
having claims or demands against the
estate 81 Mas q. q niieH. deceased. 20
present the same D. the undersigned
within two 81 years from the first pub
lirafion az this notice This Ath day 81
December, A ID. 1890.
Execut0e.
fdec.oaw sw
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

D. m, led by A ~ Palmer.
A cordial invitation 10 the public 60
worship with as. Strangers and vis.
itors viii md a cordial welcome
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

Notice II hereby given 20 creditors.
lewafeeR distributes. and all persons
having claims or demands against tire
estate Of Mark Mayo. deceased, 20 pre-
sent the same 20 rha undersigned with
ing two fg) Years from the fret pub
Hcafion 81 this Notice This 50th day
Of October a. II. 1890
g. l. MAYO.
W N MAYO
Executors.
gNect ga ~ -sue -ges7
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

Notice - hereby given 10 creditors.
legatees. distributes ard al persons
having claims or demands against ths
estate Ma A. Nave. deceased, 90
present she same Is the undersigned
within two (2l years from the first pub
flcafluu OF this notice This s0th day
~ October. A l.. 1880,
y ~ MAYO.
W ~. MAYO,
Administrators
saort % vg.e-v s2sf
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

NOTICE TO coNTRAgYoRs
Sealed proposals Tor constructing the
rocky Bayou R,.tdge ard approaches on
Department ~ Agriculture af9 Rel
hullutnEs Montgomery Ala until z "a ~
or the 18th day q December. fAen .ThIs
york y located approximately al I miles
from Valparaiso
The work Includes clearing ana Srun.
hing and the erection 81 timber trakt e
and truss bridge 1909 feet IN length with
narth approaches
The contract form and the maps
plans specifications and estimate =.
quantities nav Be examined by respon-
slble contractors aud copies Of plans OBJ
talns4 at the once 81 District Engineer.
Bureau Of Public Reads. RfT Bel hutla-
ina. Montgomery. Alabama. p&ns fnas
aiao be Inspected At the ofhee ~ Bu-
reau % Public Roads. care II r Herr
man. Perkins Building. Taiia hRa aee.
Florida. office 81 Forest Supervisor 4. ~
Bishop, Custom House. Pensacola. Flor
ida. and office % County CLERK County
Court House. CrestvteNs Florida.
All proposals must be made on formA.
and il accordance With INSTRUCTIONS,
forming part 81 the specihcatiens and
must be accompanied ~ a PROPOSE
guarantee in an amount squat 90 a. least
tlVe go per cent " fne total amount %
The flght l. reserved 70 reject any
A. n. LsoDER
District Engineer.
aonov- dec-s-e-i1-iA
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11
WANTED

VA ED-Mfsemtemnn wants well fur~
nished room with private entrance
Address a. d. Care Journal
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11
FOR SALE

ROR aAf.rs-0ooa Farm for sale or trade
for atore. s. Z, 1906 West JACKSON
Fsln sAT.ls--fiounshoid furniture Cor five
FHlfus cheap. Account ~ WUNtuN An-
air nunEaloa station. Aira king. Phone
FOn SALE, Eees for hatchlng s e
Nhoae Island hnaN, Phone or Writ&
s. ~ Reese, 3, and IS So FalafoN Sc,
Fon SALE Come see nuts ga trees
Fancsa chicken tlRhs iea iarwe paper
nneH pecan trees Frait trees New,
modern. SIX room hunMaiow furnished
ataraEe servant house. blocks 70
- possession ard erop Il desired. Phone
iess. a. 9. iieughton' Route a. hoS
z5o-C. 81
FOn RAr.r-ona two-burnsr Perfection
aA coaM stove, one "a pound eApmeltN
Refrigerator, both practically new az De
u sprinE q.
FoR sAi.F.-Lots z. 3 and 10 IN block
20 Vast Pensacola a bargain for
aiiek sale. Appy lil 4. Government
ION gALE on RENT-Ny EARN - Con.
falsH Re. Apply 4. !. Edwards.
ron sAfHs-Two Buckeye ineuhators
teiuQat newl. Sci cheap. AL ~.
FOR sAf.K--A bargain. - acres of an.
" improved lAhd, HlahN pet acfe. n0t
uicser on stove, hapl eaw.aEe rockers.
fsisn6 polishef 80 n stronE ~ phona
Foa sALE
Ediaqn Diamond nlsc and Rec
oraa value ll9l. oe tor. q. $4,000
h i'sssssssr ss sssss1ssss xsiss
$500 20 ftffsttstt. ss*ttstest ,eg
49,. 1850 isgf ees,,ss a. 90 Tar ~ rs Is
Victor SIXTH value s1s 90 Tor ~. 90 %
Victor SIXTH value 81 o.. Tor .t* 4Ac4
Nlcfer slkth value .ag tgr 4a.ee
ylsior Egurih. value issqe, Ior lace
y ls,ss s Ssfse S SslSs $40 or zoe
ThaAe aFw sRea machines we have
traded D 90 .vlcttoll.s, and nv harEAiua.
a .. Estates. psnsassia. ga.
Boa SALE. TRADE on RENT-wei
cala. a q blnklsy lia nieunt BIDS
Foa $4,000 :, J, :. E,9sta -. sssss'Fs
psr thousana, t.eoo iotn Codsn Nurs.s.
IA Gotten. ala. ss4
FOR STOVE on CRATE WOOD Ia am
auantiiy can T. =. KENNEDY. Phone u
zoo QUICK sALH-ooop VARpI
cnickaNs. ARpLN sot NoarH iYTN
as. pNoNG soso.
FoR SALE pau q ban oarbars,oy for
tssrs r&sGs,, i "a r S SSs.rS ss.s'''S n
ron SAE.E--Miien Gov Apply Tos =
NerFsntes ~ Phone 1850
Fon sALE--rwo small alrrs blcyclss
WH1 Wuerslm. RN eonfplrtn fnr school RI
tlle shaRs The I've for 80 o. f'hons
ron sAt.r-t'ssd ear phous s1sa
FoR SALE .MaRnolia trees arborviiae
Eeaar tFees Krof for rnneffinN Anpif
lAth Ave, ana tata street or % nr III
ron NAfEi-one Rsx Typewriter IL .roe6
eonatiions Price reasonable Apply
lamnal offtes.
FoR 49, AT oNcN-oNe ists VOC.
ToNRiNa cAa. cAGAp pop eaea
GAIL AZ $40 wEsr cFRvsNTgs a.
-
SPECIAL PRICES
- - WI
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11
The Market Place of West Florida
READ RALLY BY $4,000 PEOPLE
The Cost is But Trife and the Results are UnequaLed
FOR RENT

West 6reGars -
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

NslM NAT.Es~-tf0umshoid furniture Cor five
fsams chann Account - uoNtuH Ap-
hir nunEaloa Stallion. MrH King. Phone
fEf.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

ROR aAf.fs--0ooa farm for sale or trade
for store. a s. Z. 1905 West JACKSON
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

WANTEr-To rent q medium SLICED cash
register With privilege % buttng. Phone
1853
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

EOH NALE-~EEEH for Matching 81 e
Rhode Island Reds Phone ~ Wrifs
E IL meesr' 81 and s. So paiafox Sc
Pensacola, VIA.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-12-11

FOR HFNT Furnished apartment Mod
ern convenience Apply ba2 q sirens
Phone 1855
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1920-01-29
There the u. S.
Army series

American troops are serving 10
Panama, Hawaii, the Philippines,
Alaska, China, Germany, Siberia
and here in the U.S.A. The Re-
cruiting Sergeant will gladly give
you ell the details.
Like every one else in the
Armyfrom General to Buck PHI
vate, you're under orders and !
vour outfit moves and you're
assdsd slsswhsga yOue duty 9
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1920-01-29

THE United States Army IS open
l for enlistments today. It wants
no inferior applicants; itseeks young
men of character and purpose; and
it promises those young men that
the term Of their enlistment will be
fruitful years.
They will come back to civil life
in perfect health - their muscles,
their eyes, their bearing all evidenc-
ing the finest professional care
TT IS the purpose Of the War
/ Department to develop in the
American soldier those qualities
which are the essentials to success
in any trade or business and are the
prime requisites in an American
citizen. g4I
Congress has appropriated
$2,0O0,000.00 to be used in Educa-
tional work in the Army Schools. In
many camps and posts men are be-
ing trained in the skilled trades and
at practically all Army stations,
schools are in operation in which the
soldier can improve his education.
Through enlistment the United
States Army offers opportunities to
travel It provides good food, good
clothes and good care. It gives a
training which brings health-phy-
steal development II mental quick
ness and self-confdence. It sends
you back to civil life better equipped
for American citizenship than when
you enlisted.
Il Interview Involves no Obligation
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1920-01-29
MEN years ago it was
necessary for the United
States Army to argue
men into it's ranks.

men into it's ranks.
But, today the Army like
every other great university,
points with pride to its grad
yates.
Four million Of the nations
choicest young men were en-
trusted to the Army's care.
MOST of them are back in the
1VA ranks of industry today; and
every parent in America, every en-
ployer, every teacher knows that
they are better, ADLER men for their
experience.
They stand straight upon their
feet, symbol Of physical fitness.
They have learned how to exc
cute orders, and how to give
them. .s.
THERE is, in their characters,
! maturity beyond their years,
vision and self-conhdence that are
fundamentals of success.
The months that they gave to the
Army were. not lost months; the
records of the future will show more
rapid progress for them because of
the qualities which those months
developed
New-York tribune., 1920-12-19
Stocks Decline
L llrtllei. Under
Renewed Sales
Same Dominant Factor Is
Felt in Market and In
dustrial List Recedes:
Hail Shares Are Lower

Further liquidation of speculative
and Investment holdings and selling bv
professionals pushed the stock market
lower yesterday. The same industrial
and financial setting that has kept
speculative securities under pressure
Tor weeks was the dominant factor in
the days brief market session.
with the past week showing a long
record OF dividends passed by indus
'r'al corporations and widespread
rumors OF other adverse developmcnts
along this line to come shortly, the
acton of the market occasioncd little
surprise. Folk who have the funds
with which to buy stocks arc not in
chned to make purchases when there
Is so much industrial and business un-
certainty. Lacking such support, the
market drops lower with each success
sive assault.
on the break yesterday the indus
trial share list dropped into new low
ground for the year The average
price OF thirty representative indus
trial stocks closed at 1850. ara;nst
1888 on Friday, which was the pre-
vlous low. Compared with week aro
the average of the thirty Industrial is
showed a net decline on the week of
approximately 21s points Rail shares
suffered with the industrials yester
oay, and the average price of twenty
railway issues closed at 6I.l5 against
CLIO a week ago.
while the entire industrial list was
under pressure, certain groups Of
stocks were subjected to heavier sell
ing than others. The sugar stocks
which suffered so severely Fridav. lnst
ground again, and Cuba Cane Sugar pre-
terred and American Beet Sugar exhib-
ieed special weakness. The latter stock,
paying dividends at the rate of 8 per
cent year, sold yesterday at 35, a new
10" ior the year. Oil shares comprised
another weak group, Houston Oil Mex
lean Petroleum and Phillips Petroleum
beng especially depressed. Selling here
appeared to be due to the liquidation
OK impaired speculative accounts.
among the rail stocks, the Reading is
sues, Chesapeake d Ohio, Southern Pa
clhc and st. Paul lost considerable
ground; Steel common displayed stead
mess throughout the session on light
dealings.
The most interesting feature of the
weekly statement of the Federal Re
serve Bank of New York was the re-
against commercial paper of approxi-
mately s112,0OO,O00 The bank lost
quite heavily in gold, but the net fall
ing off in member bank commitments
was an offset, so that the banks ratio
or total reserves to deposits and Fed
eral Reserve note liabilities combined
remained unchanged from the preced-
ing week, at 391 per cent.
The New York Claerng House banks
increased their loans approximately
S115,0O0,000 in connection with borrow
lngs by customers for tax payments.
New-York tribune., 1920-12-19
The Dollar i'm Foreign EXCHANGE

Led by sterling, the foreign exchange
market enjoyed vigorous rally last
week. The rate on London shit drafts
rose sensatlonally on Friday, getting up
to 33.5494 Here it showed recover ry
OF more than 20 cents in the pound
from the recent low. AS the week ended.
however, sterling suffered a setback and
closed below the $3.50 mark.
Exchange dealers attributed the i'm
provement in sterling and the other
leading exchanges to purchases in con-
hectlon with the end d-of- -the-year settle
nseAts. Buying of exchange on Am
slcrdam is said to have been for the
purpose of remitting to Holland the
proceeds of the liquidation of American
securities for the account of Dutch IN
vestOrs.
German correspondent writing un-
der date Of November 30 says: "The i'm
mediate future of the mark EXCHANGE
Ia naturally impossibl to foresee, but
official statements indicate that very
'srge foreign payments will soon have
10 be made. The Federal Breadstutfs
Department, which imports grain, states
that it Is now paving 1900 marks ton,
against 1000 marks not so long ago
and that 1t has yet to import 1,600,O0O
tons, which VIII mean the payment Of
around twelve milliards. Whether Ger.
many gains by paying $500 malks a
ten to America and limiting the price
cf home produced grain to around 1900
marks is disputed question. Farmers
aliege that with such maximum prices
they cannot buy fertilizers, and that
they must leave the land fallow or take
10 nationally less desirable crops, and
flnanciegs see in the resulting enormous
fore ign payments one cause of the bad
mark exchange. The total import of
readstuffs on the government program
5 100000 tons, Of which 900 tons
have been purchased and 408, 800 tons
ready received. The drop in mark ex-
change is expressing itself in slow
General price rise"
II you calculate the cost Of the dol
lar in terms of foreign money or cur
rent exchange valucs--that is, if you
were buying dollar with pounds
marks or francs~~its value at the close
0: last week, compared with year ago
follows:
New-York tribune., 1920-12-19
U. S. Steel and Labor

Although number oi leading in
dependent steel companies have an
nounced that sYSstantisl wage cuts at
their mills will become effective on
January l. no intimation has vet been
made tina, the United States Steel
Corporation will :ake similar steps. As
matter of fact. it is believed the
principal factor m the industry will
be the last to make changes in the
pay of its employees. Among the in
dependents that have already an
nounced lowering Of their wage scale
from 10 to 20 per cent are Midvale,
expected to follow shortly. Although
it Is recognized that the Steel Corpo-
ration mus tcome down on it's wages
If present conditions continue for .
long period. just at present it is opcr-
atlng at ~ per cent Of capacity, with
over half years business ahead,
while competitors are curtailing oper-
ations because of lack Of orders.
New-York tribune., 1920-12-19
n. 7. Reserve Bank
Little Affected bv
Shifting of Funds

Consideri. =: the great shifting OF
banking funds that took place last
week in connection with the tax paw
ments and Treasury operations, the
Federal Reserve Bank of New York
reported surprisingly small changes in
its statement as of the close of busi-
ness Friday. The bank lost gold, but
there were other offsets so that the
ratio of total reserves to deposit and
Federal Reserve note liabilities COM
bined remained unchanged at 80, per
cent
A reduction of approximately $18,-
100000 in the gold held to the account
Of the local bank in the Washington
settlement fund indicated further
flow of funds to the interior, presum-
ably in connection with the tax pay
ments The bank also lost in gold and
gold certificates, the reduction during
the week exceeding $1,000, 900. Gold
wit hthe Federal Reserve agent. how
ever. increased from $237, 100000 to
$245, ,755, $3.50.
Member banks in this district in
creased their discounts against govern
ment war obligations from S424, ,s58, 900
TO 464.2Ss, ,799; but discounts against
s"mnerc,al paper were reduced from
S50l .443. 900 to S2SS, ,997 1868. The bant
paid off the $6,4oO,O0O owing other
reserve banks on rediscounts.
An increase of S1l5,57G.O0O in the
loans and discounts Of New York Clear
ing House banks last week was due in
large part to borrowing by individuals
and corporations to meet tax payment
due on December Is. Net demand de
posits increased only $l2,454000, al
though the daily average of this item
was S94 $4,000 Excess reserves OF
the banks decreased $3.025.7l0 to Se,-
222 200. United States government de-
posits, which had fallen to practically
nothing the week before, were swelled
to $186, ,064 900 as a result of the de-
posit in the banks by the government
of the proceeds of the last sale OF
Treasury certificates.
New-York tribune., 1920-12-19
In Wall Street
Dividend Prospects

A leading New York banker recent
ly remarked that the stock market Was
generally pretty accurate in forecast
ing coming events in the financial and
business world. The correctness OF
this statement has been borne out by
the recent declines in the shares Of
certain industrial companies and the
subsequent omission or reduction of
dividends. With the hsarp break dur
ing the last few days in the price of
American Beet Sugar common discus
sion has begun over whether the COM
pany will be able to continue the cur
rent dividend rate Of sS share. The
stock declined to IS yesterday, q level,
IN the opinion of market observers,
which certainly indicates that a change
will be ordered at the next meeting
OF directors. The company is regarded d
as high cost producer.
New-York tribune., 1920-12-19
Railroad Delusions

During the late summer the public
jumped and bought railroad stocks on
expectations that the freight rate in
crcases would work wonders in a short
time and as a result large weak
speculative account in this group was
built up, particularly in the low priced
rails. Even those who did not expect
immediate results bought stocks be-
cause they felt that the opportunity to
buy was at hand. Then the slump in
trade and profits throughout the coun-
try forced merchants and business mon
who constitute the investing y ne ID
sell securities heavily by way Of
raising money and this has forced rail
road shares down in common with all
other securities. "Thoughtless per-
sons," say Wrenn Brothers & Co.
have interpreted the decline to mean
that the rate increases have failed to
restore earning power; and this
erroneous idea seems to have been en-
couraged by many officials who are
more anxious to keep the high rates
in force after the expiration of the
two-yenr period than they are to edu-
cate the public as to the true situation
of the railroad business. Thus, has
tho current pessimism grown"
New-York tribune., 1920-12-19

indepe ndent retineries in the mid
continent field at a price understood to
be slightly below the current market
level. Deliveries, it is said, will DO
made before March l, next. This pur-
chase by the Indiana Company of the
Standard Oil group had stabilizing
effect on the market in the mid-conti-
nent field, where independent refiners
we're getting in an uncomfortable posi-
ton because of the accumulation Of
gasoline supplies, partly on account Of
the slackened demand and partly to
smaller shipments arising from the fact
that the readj djustment of freight rates
made shipments Improbable to certain
Eastern and Western points.
New-York tribune., 1920-12-19
Telephone Incomes Gain

Operating incomes of seventy telc-
phone companies for September
amounted 10 $7,526,313, an increase Of
*S'soo,77s over the ramc month in 1919,
according to report issued by the
'H"rEtate Commerce Commission For
shs nine months ended September 30,
operating Incomes totaled $50 ,324 ,C3g,
an increass Of ss,9s4,34s over the cor
year.
New-York tribune., 1920-12-19
American Ice

Wesley NJ. Oler. president Of the
American Ice Company, declares that
the fiscal year ended October 81 was a
satisfactory one for the company, al
though definite figures are not yet at
hand because of inventory taking and
adjustment of Federal taxes. He pre-.
diets that a substantial amount will be
carrie dto surplus after payment of G
per cent dividends on the preferred
stock and per cent on the common
THE. company is in a strong financial
position" states Mr., Oler. ut is a
satisfaction to the management to be
able to state that, owing to the nature
Of our business, there is no unusual
shrinking in inventory. While the
falling off in factory production
throughout the country has been mat
ter of general comment, the manage
ment takes pleasure in stating that
such has not been the case in the fac
tories OF this company" The COM
pany has sent a request to stockhold-
ers to sign a three-year proxy for the
annual meeting. so that no difficulty
will be encountered in obtaining a
quorum.
New-York tribune., 1920-12-19
Houston Oil

In view of the fact that a number
Of important Stock Exchange firms rec
commended the purchase of Houston Oil
shares at much higher prices, this
heavy decline in their value during the
week has been source of keen dis
appointment. Earlier in the year active
speculation in the stock carried the
quotation up to ll6la, although shortly
thereafter the company issued state.
ment of earnings which did not Indicate
that such price was warranted. Yes
terday Houston Oil broke from 73 to 65
and closed 3I2 points off, at 6713. The
total decline for the week was 1874
points. The company's oil acreage is
located principally Mast Texas and
louisiana
Big Oil Purchase
The tSandard Oil Company, of
Indiana, is reported to have purchased
ll2,0o0,o00 gallons Of gasolene from