davidaulloa/AmericanStories huggingface dataset:
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
OIL MEN LOOK
To SOMERSET

Dallas, Texas, June lO.-Eourteen
new competitions in the Somerset
shallow field near san Antonio dur
/ Ing the last few days is taking the
attention Of oil operators.
/ Interest is particularly centered in
/ the Galvan 10. !, near North Pleas
anton, which is $500 feet deep in a
! shale showing a little OIL The next
few hundred feet Of drilling viii
prove the well 2 producer or duster.
] The well is extremely interesting be-
! cause Of the very favorable reports
I on the formation biologists made
Graham Field
In the Graham field the Johnson
well has increased its flow TO 5000
l barrels with the hole clogged- The
wei is near Eliasvivlle, Young
county. Just a few months ago this
territory was looked on as un1av-
Orable-
EastIand Field
Many new compilations were added
/ to the Eastland-Stephens county list
during the past few days, but no big
one mile north Of Eastland the
wen on the Caudle lease, which IS
making 500 barrels a day. Okeh
Ranger and Frank Day, owners plan
to drill other wells nearby.
Root Hupp and Duff have ZOO
barrel well on the J. Z Cater lease
in the Yollow mound district six
miles north OF Eastland- Nineteen
other locations in this vicinity are
pounding toward evident production
Stephens county in the last few
days scored a 70O-barrel well. the
Max Vance, Of the Scott OIL company
a 500-barrel we'll sun cOmpany's X
Stoker No s. a 300-barrel well, Sun
company's Clancy No 2.
Vernon Field.
Twenty wells are drilling near the
is still flowing $50 barrels every 10
hours. Each Of the 20 owners hope
to strike the Sigler sand Iirst- Tests
are delayed by rock formations
DesdemOua Field
Three wells in the Desdemona field
VIII be drilled in as soon as prepara-
tons are completed They are the
General Oil companyis vel on the
MOorhead land, the WeStcheSter on
the SnodErass. north Of Desdemona,
and the Desdemona Oil company's
Roberts No. 1, which is now spraying
10 barrels a day All three wells
viii be good producers. It is certain
In Oklahoma.
The Okmulgee oil field during the
past 10 days produced 5000 barrels
Of OIL having been shut down for sew
eral weeks because Of a flood. Twenty
large producers were completed dur
ing the period named
The new pool west OF Okmulgee IS
producing 5000 barrels a day. Ten
new wells are due in in a few days
The Oldest well in the pool. five
months old IS making 1900 barrels a
Waite Phillips and Clifton Drilling
company's No. Thompson has been
completed. increasing its flow from Z
1000 to $500 barrels a day. the largest :
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
NEW RIGS AT ROSWELL FOR
NATIONAL EXPLORE RATION

Roswell. " n, June 10.-The Ma
tional Exploration company now has
100000 worth Of casing. material and
deep well drilling machinery in its
warehouse here.
Two new rigs arrived this week
and are TO be Immediately placed on
locations which have been made
southeast Of Roswell
The National now has three rigs
running day and night One is at
Picacho, another at Orchard Park and
still another at lake Arthur. At all
these wells excellent progress is be
ing made The company is day BY
day getting deeper into the oil game
in eastern New Mexico. showing its
absolute confidence in this country.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
PALEFACE BOW AND ARROW
LAYS LOW TWO GRIZZLIES

San Francisco. June 10.-Dr. Sax
ton P Pops. Of san Francisco. has
killed two grizzly bears with bow
and arrows in Yellowstone Park, ac-
cording to a telegram received from
him today by the California academy
OF science here
Dr. Pope. an expert in archery. fs
hunting the animals under permit
from the United States government
TO provide a habitat group" for the
academy museum here.
The project IS financed by Ogden
Mills OF New York.
Canyasback ducks nest from Ore
gon, Nevada and the Dakotas. north
ward
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

Hills. master; p F. Hawley. deputy
master; / ~ Phippeny. conductor OF
work; Chester L Ezeu. treasurer;
Harry ". Connolly, recorder. The
installation will be held June %.
The EI Paso Lodge No. $50. A F.
and A. II, viii hold its annual cleo
ton next Wednesday night and the
annual installation viii be held June
"a
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
MINISTER'S SAVE THE PIPE
AND LET The PLATE GO BY

Atlantic City. n J., June 10.-The
use Of tobacco viii not be sacrificed
for the church by the clergymen Of
the general synod Reformed Churches
OF America. the ministers decided at
the closing session OF the synod
here A resolution, introduced by the
Rev j Garland Hammer, IT.. Of
Bellsville. y. J.. proposing that the
clergymen give up the weed in or
der to make their church contribu-
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
ROYAL ARCH MASONS ELECT
L. L. BURGESS AS HIGH PRIEST

Ell Paso Chapter 157, Royal Arch
Masons, elected officers Wednesday
night Lyman L. Burgess is high
priest and Marion Hills IS king. The
other officers were filled as follows.
r F. Hawley, scribe: Chester /.
Eel, treasurer and Harry ". Con-
molly, secretary.
At the annual election Of the Fl
PasO Council. No. IS. Royal Select
and Super Excellent Masters, the fol-
lowing officers were elected: Marion
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
sIotoreyeIe DIG Iniurea.

Frank Wertz. motorcycle officer,
was slightly injured Wednesday night
when the machine he was riding col
lided with an automobile which sud
IDENTIFY turned without signalling. A.
r Wolff, another officer who was
with Wertz, arrested A. c. Manila.
and charged him with violation Of
the traffic ordinance. Wertz's in
juries are not serious.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

PROPOSAL FOR CONSTRUCTION
Office OF Construction Quartermas-
ter, Mexican Border Project. p. o.
Box 50, Camp Travis. Texas-Sealed
proposals in tripIcate will be re-
ceived here until 1 P. ", June %.
1920, then publicly opened for con-
struction Of fOrty-five (45) ware
houses at Fort sam Houston. Texas.
Proposals viii include plumbing,
water, sprinkler system, electric
wiring sewers, roads, railroads. grad
ing, etc Plans and specifications viii
be ready for inspection after June
It'll, 1920. at above office or viii be
furnished upon receipt Of a certified
check for $500 made payable 70
Major E G. Thomas, Q. n. c. Further
Information On application.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

Charged with the burglary Of the
home OF c NJ Wflchar. Efren Yep
rez arrested some time ago by police.
was given a preliminary hearing
Wednesday afternoon before justice
r B. RaWlins. He was held to the
grand jury on bond Of $1,000. Detec-
tives shot Yeprez when he was ar
rested, claiming that he tried to es-
cape The bullet penetrated his leg,
inflicting slight injury.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
Or. Anna Reum. Buckler Bldg. Ph. 577

Proposals for improvements TO Bal
loon Hangar; Office constructing
quartermaster. Fort Bliss. Texas.
Sealed proposals. viii be received here
until 1 ?. m, June 18th and then pub
Ideally opened for installing concrete
floor IN hangar, concrete foundations
under door track; and inch hydro
gen pipe. Plans and specifications
furnished on receipt OF certified
check for SO.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

YAM SINS, after years Of delibera-
ton and mental speculation, has
decided to sacrifice himself and his
liberty on the altar Of matrimony, and
IS ready to receive the attentions of
any nice young lady who has not
already been took and who is seeking
a splendid young husband.
About the only thing everybody in
the world is fraid of is a snake.
Sic Kildew was noticed going to-
ward the creek this morning with his
fishing pole and bait can, and anybody
can guess inside Of ten guesses where
he was headed for and what he was
going to do.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

muActeu on hoDDery OharEe-
The graund jury Wednesday re-
turned an Indictment charging E. P.
Olesk with burglary. Olesk is al
legged to have taken diamonds be-
longing TO Mrs p HOman. from the
Homan sanatorium- Another indict-
ment charged Fred Gutierrez with
theft over $50.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
PROGRESS MADE
BY PEG05 WELLS

Pecos, Tex, June 10.-The Zone OIL
company has pushed its drill down to
zss feet and are stetting 12h inch
casing to that depth preparatory to
testing out the sands reported to
have been struck by the Laura well
OF the Sunshine OIL corporation at
about $50 feet, according to the PecOs
chamber Of commerce.
The logs Of the two wells are re-
ported TO have tailed closely beyond
$50 feet, and Zone officials believe
that the apex Of the structure on
which they are drilling runs between
the two wells. The Zone has had
favorable shoWings.
The Laura well 10 the east OF the
Zone is said to have passed their oil
at $50 feet. and is now down nearly
1850 feet and drilling with the expec-
tstion Of reaching pay sands at about
1850 feet.
Across Peeos River.
Across the Pecos river Dominion
Soda Lake No. 1 has made good pro-
gress since spudding in last week,
and is down 1S5 feet. The other two
Dominion wells TO me east are rapid
" rigging Up. The Trans-Pecos well
in this territory has reached 165 feet.
but is having difficulty with water,
while the Victory Of the sunshine OIL
corporation has resumed operations
after a wait for fuel oil.
In the Bell pool the Bell-Reeves has
reached a depth OF 975 feet with fav-
orable showings OF gas This is the
deepest wen in that area The Bell
Reeves IS drilling in a black shale
formation. and have passed through
a hard rock on which il could shut
off the water should IL be necessary.
Real Test OF District.
Bell No 9 is racing -ownward in an
effort to find out the exact facts
about the sands found by the discov-
cry well It is no wpast $50 feet
drilling. The Bell No. 2 is ready to
spud in for a deep test between the
No. ! and the No. 3, and this is com
ing to be regarded as the real test
well Of that area This drill is to
pass UP the Bell sands.
The Finley & Anderson has resumed
drilling and is beyond $50 feet To
the west the Jack Wells company
now deeper than 200 feet The
formation encountered by this
drill is much different from the 9TH
ers IN the field and indicates that
this rig IS located on structure much
higher than others in that vicinity.
MORE WELLS IN WARD co.
TO BE Studded IN SOON
BarstoWs Tex June 10.-DOminion
Soda Lake well No is now down /
100 feet. having spudded in June 8 /
Dominion Valley No. /. and River No I
1 are 60 be spudded in in a few days, /
said G. E Ross. field superintendent I
OF the company, according to the I
chamber Of commerce news bureau. !
These wells are all in Ward county, I
about five miles north and south Of /
Barst0W.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

st. Marks Hospital, for women and
children. Phi $3.50.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
Ne 0S BreUitieS
LOCAL AND GENERAL.
advertisements

guards, was shot and killed at pro-
vost headquarters Wednesday. Ac-
cording to officers the animal showed
signs Of rabies.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

h. h HendricE, Auditor. Tax Ad-
visor. $50 First National Bank Bldg
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

For Information about Schools and
Colleges, write The FL Paso Herald
Educational Bureau--Adv.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

T P. No. !, due at 1:45 p. m, viii
arrive 2:1O. All other afternoon
trains on time.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10
Lawn Mowers
Is Off

Just think Of buying a lawn
mower at this time Of the year
at ONE-FIFTH OFF. You
can keep your lawn trim and
neat at small cost. We have a
dandy ball bearing lawn mower
which VIII save you work and
money if purchased during this
sale. Let Us show It TO you
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

producer ever completed in the VII
cox sand in Oklahoma.
Twenty-Five miles southwest Of
Wynnewood. Okla. the Magnolia has
a 100000 cubic foot gasser, the
largest Oklahoma has ever produced
The well IS 1856 feet deep.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

Trouble.
avoid trouble Leave DagSaRe checks
at LongwelPs. or telephone No. i,
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

As patrolman W. E. Smith was go
ing through the cells at police head
quarters Wednesday afternoon, he
found a short heavy iron bar wrapped
in a piece Of blanket and hidden
in a cell II is believed by the police
that prisoners intended using the bar
to beat the jailors, Jim Hill and
Adam Funk, as they attempted tn
escape The prisoners in the calls de-
MED any knowledge Of the presence
Of the bar.
Drs. SwearinEin 4 Won AImen. eye,
ear, nose and throat. ~ Trust Bldg.
Pet Coyote KILLED.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

Kodak Finishing. zee Gandara-Ady
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

Pet Coyote Killed.
Jimmy" pet coyote Of the provost
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

We have a complete line Of re-
liable oil stoves. Here you VIII
find such standard makes as the
Florence, Boss, Faultless, Puri-
tan, etc. They are all included in
this Price Breaking Sale at ONE
FIFTH OFF.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

ment for the circulation OF
cold dry air saves both ice
and food. The case Is
handsomely fms he'd in
golden oak, with niekeled
patent door catches. The
trap and drain pipe is cas-
lily removed for cleaning.
By all means see the Leon
ard Cleanable before you
buy your refrigerator All
Of our immense stock Of
refrigerators is included in
this sale NJ.
AZ -------ss - VI 7
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-06-10

Our entire line Of Gas Ranges is
included in this sale at ONE
FIFTH OFF. We call attention
to the Acorn Gas Range in par
ticular. It is a splendid baker,
conserves fuel, comes in a large
range Of sizes and is fully guar
anteed against any defects in
manufacture. Its high oven is
great work saver and strength
saver.
As a sample Of what you save We
mention a SO Acorn Gas Range
for orc
only NEUTRALITY-SUSPICIOUS. VOO
Al other Gas Ranges reduced
in proportion.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
CHICAGO GRAIN MARKET,

CiLicAGO. July al.-Liauidation in all
sharply n1Ipy Wheat led The procesyIon,. Al tho
viii, Dscembor Eli to 2,is and March n a.i 1874
70 Pa: Corn vas down. 2E TO 6EG. with.
12oM, TO Oats suffered q slump.
s {, NJ fr 2, while proyisions
4. cutting o. prices occupied most sof ma
slsnSSi ne tre2S II athsssy Hsse
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01

antccd prices till December have
not found II easy to induce all buy
cfS to lay down orders. Tho smaller
concerns have ordered as well or bet.
ter than last kason. while many OF
tho larger factors are holding or.
Curta!iment OF production In manu-
tacturinE centcrs Is increasing each
week, mills not being disposed to ac-
cumuiatc stocks ut high costs until
,hGy can see. the trend of future
values The jobbers are busy ship
pinG goods on old orders but are not
DOING much new business. Covertcrs
are holding out OF the markets until
there Is more activity IN their fin
ishcI cloths. The finishing plants
are dull and curtailment among them
- increasing. Yarn markets have
been very quiet and prices pre dccl!n-
Ing steadily. The knit goods trade is
very quiet. agents being unable to
make a price that will interest buy
era OF spring goods. Export demand
| Is very light.
Current cloth price, arc AT follows:
Prlnt cloths Is inch. 64NGis iic:
'1N"ts IL 1-2c; IS l-2 inch. G4x64s.
iSc; brown shcct!ngs. Southern stand
arGs. % and 26c; denims. 30. Indigo.
Sc tIckings, eight ounce. 55c: prints.
| Z"c; dress ginghams. 81 and 81 l-2c:
I staple E!ngianS 27 lee
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
PRODUCE MARKETS.

COTTOSSEED OIL.
NEW YORK July 5l.-Cottonseed oil
shared in the weakness In other commodity
markets 10 GONE extent. but urofit- Ia kin !:
hy shorts checked rho decline. PIT pres-
sure was light. Closing bldg were 8 10 II
y"!nts net lower for active months. Sales.
go barrels. Tenders 30 barrels, Prime
iOeo: Sep;eroer. 1875. November. 1880 Jan
CarS. l2S. all bid. Prime" winter yellow
and summer white. nominal.
NEW ORLEANS. July 3l.--Rough rice no
ss!cs: no rccsipts. Clean rice. no sales
polish. $50: no receipts.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
COTTON MAiiIiErS.


NEW YORK. July s!.-Cn another biz
budget o: oe2rIsh news se..!ns OF tho cot
t,9n continued today and The inarke. ax1!n
dlAp.ASrd pronounced weakness. ProOa bly,
the nFsi IA inheritance g.oomY !nfor-
iHhsion i.on mill and cloth ccnters. Other
tactu.a Included senSSt.unH! breaks IN
EfLn tie best daily weather advices from
Ire belt o! the week. and tn. probability
OF hisn condition azure III The state
men; .! inv Fruff.l Department 81 Agri-
culture, winch WIZ b" Issued At y A. u.
sIAndaTi tlIL.. Usi Monday. Pressure came
;rptn Wall Street. the Yves, a.d the South.
aud demand ~as alInost entirely 10 cover
shorts anG cOiuuaTatIve!Y !!sAt al that.
Prices a. the start ~Sr. J: TO - points
lower under active genera. selling, For a
moment AZ n:st demand for october held
That position &c. bur oncrings were
heavy aud with the buying allied at tne
a.GEc Indicated there was a Quick siuInp.
After the start the pressure Increased aud
quotations UrCXc Into low ground.
There was no complaint 10 he found with
the weather forecast FOR over Sunday. and
!nrihcr gains since July -. he date OF
the making NJ OF the government Data.
f!nhI GGoWl!nns were Irregular ~ net
decline uf isTfs0 points.
SPOT here MAS quiet and UNCHANGED a;
tc fpE Tn!Gdl!ng: there Were sales.
Spot at New Orleans was steady and
uuchHuSsd al 1a.'oc for :n!ddI!ns. sales
wore !iis bales
Receipts al the ports for the day were
estimated az t.pgO bales.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01

hTm. l52ja: sales. So: receipts. x57: ship
m"nis. }: stock. 1891. Rosln. Arm: sales.
:.gi2 receipts. I.6is: sh.Dnents. 49,: stock.
800 Quote: -. lI.D: y. l.. f. G. II. 1.
X. ". y. WIG. WV !3s5g5o
JACKSONVILLE. july aI.-TurpentIne
~ y. H. ~ a sales; 20; receipts. az:
s.ien. 1891; receipts. IS: shIoments. isT:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
Por, increment:

New rork-MiddlinE. 800: receipts. rs:
exports, 20: stock. il..Ic.
M!no. poris-i:eceiots. 5i7: exports. GO.
Total ,oday-ReccIpts. 1872: exports. 49,
eS stock. IGg.Gi3
i2.aS.
Total for scason-7.2S3.ss7: exports. es7s.-
AZ.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
FINANCIAL.

F1NANCIAL.
LONDON. july Si.-Bnr silver 5GFtd pcr
ounce. Money. 5iEco. Discount rates: shor
hills. GfsSi.Ta. Three month bills. n-l6i u
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
MARKET PROFESSIONALS
ONLY BUYERS IN STREET
CONTINUED Ere

showed considerable activity and
strength.
Managers OF tho leading steel mills
say that production has not bcen cur
tailed much and may not be IL sum
cien, fuel comes to hand. 1t is
chiefly question OF coal. There is
still time to save the situation IL rail.
roads can get the freight congestion
cleared up. The petroleum COM
panies find that hundreds of factories
arc anxious to change from coal to
LIQUID fuel.
Studcbakcr Mikes More.
Ihe Studebaker Corporation in its
resort for the second quarter OF this
year shows an Increase OF S5.6i9,b23
profits Of sG29.l33. For tho six
months net sales show an increase of
SlS.QG0.i2S with net profits Increased
S3.o55,576. This report shows that
the automobile Industry Is slowing
down AS compared with the first
quarter OF the year. But tho business
Is Still sufficiently large to mean
great prosperity and apparently to
the industry.
The government will withdraw
about @li.000.000 from the local banks
The coming week. making $4,000. 900
drawn in about ten days. Additional
gold imports arc expected from Lon
don tina, will help the local situation.
bankers excuse the high call rates
with statement That IL rates were
not held SO high the Interior banks
would draw funds away and leave
Wall Street absolutely hare OF work
ing capital. There Is practically no
time money and . l-2 per cent is bid
Tor IL.
An authority on tobacco estimates
the 1920 sales of the American To-
bacco Company "a; above $1,000 900.
Ia 1913 they were a59,5o0,oo0.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01

tho selling was generally Increased. Prices
i"niY were the lowest since the govern
fHeHt c"ntcOl went into effect Farmers
~.fs IcDo'icd 70 be marketing their grain
Al !sSt as they II. while
porteFs were sad to lie waiting for prices
10 become more stable.
Corn prices suffered material Ecccrs.ona
IN syinuathy with wheat Tho heavy Haul
daton IN tho july delivery. the break In
wheat and the unsatisfactory financial
Mutation al! contributed to inspir. shorts
10 c"ntinuc their efforts toward iowcr!n.;
values. Rains also had "a great deal to
do with the selling OF corn.
os - ruled weak with other grains. SEN
i!nent being DeariAh and Commission
houses and Locals were aggressive on tn.
hri!!ne side. The July delivery suffered the
Er"stest !lauihut!on. the c!osc being al
eS cents. = Get loss OF 10 sI,c.
FroNiBionS were under pressure from
local bears and prices registered declines
ranging from is TO 81 cents.
l.radinE suIurcN
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
weekly Dry Goods.

NEW YORK. July 3i.-Buying has
been very light In the cotton goods
markets. Print cloths, sheetings and
other unfinished cloths have weak
cncd in price with trivial sales inter
ven!ng. Buyers of wash fabrics have
laid down less than third OF their
normal business for spring and many
large buyers have left the mark et S
without making commitments OF any
kind. The large bingham mills that
have opened spring lines and guar
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
i IL la.e II * SIo!s w VI W. w.


NEW YORK. July M.-Announcemcnt was
made today OF a reducti OF &C yard
on fruit OF the loom muslin. and cents
lonGcloths and canbr!cs also were reduced.
Cotton goods were quiet. yarns duh. linens
barely steady and burllps NlighEy nrnicr.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
RICHMOND LIVE STOCK MARKET.

Richmond Union Stock Yards
Richmond. Va. july u 1870
Remarks: FAIR run OF cattle. All kinds
sold considerably lower. Prospects Fir
stfIctiy good steers. i.lg0 lbs
SEO w I'm a ISH
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01

OTontInued on Eighth Page.1
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01


NEW ORLEANS. July I.-Persistcnt sell
inG depressed the cotton market from the
opening today, the pressure being stronEes;
on The close which was at, the lower OF
the day. c. to II points under Yesterdays
last prices October traded as low as
s2.5l There was little demand at any
time except that which came from short Is
who wanted to realize profits and thHr
purchases OF covers were met by fresh Of
ferinEs for short account and BY liuuidat-
INK sales from longs who were evening UP
In preparation for Mondays bureau report.
the continued favorable weather over the
belt was looked upon as the most potent
bear Influence or the day by some traders.
but II was plain that much OF the selling
was due to confidence IN high condition
report from the government Monday. Of
fertnEs were heaviest following the fore
cast OF fair weather for the greater aart
OF the belt Trade reviews stimulated
Eome selling. for they told Of slackenIng
demand for cotton goods and lower prices
and an additional argument was found
In rurnors that Georgia and East Texas
To-day wound M the old cotton year and
were Offering SPOT cotton In this market.
hear!sh Items might be found In tho annual
statistics appeare1