davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-06-10
MARKET COMMENT.

In their comment on the market,
Jones q Baker, stock brokers, OF
New York. say:
The greatest gold movement In
history has been under way to the
United States since the FIRST Of the
year. II Is believed that such
tremendous gold imports must soon
err or later lead to Increased trade
activity and prosperity
The Washington times., 1921-06-10

LOCAL SECURITIES.


SALES.
Lanston Monotype. 10075h.
AFTER CALL.
Security Savings and Commercial
Bank 10Q20o.
Capital Traction. 50S7 y, S@S7k.
Washington Gas Us $iOOQl03, 800
@ 1913, S100@l03.
Metropolitan r. r. bs u .oOOWS3.
Wash. Ry. GenI SIS $1,000 @e2h.
Pot. Il. Genl. Mtge. SIS 1000 q 50,
] ,oO0a95. 1.000@95.
Money-Cail loan money was on
cred at 7 per cent with 6h per cent
Lid. ~.
The Washington times., 1921-06-10
Soviet's Flax Possibilities.

Soviet Russia viii be able to ex-
port this year $4,000 tons OF flax, TO-
600 tons OF hemp, and $4,000 tons OF
petroleum products, according to su-
thoritative advices reaching the Com
emro~ Department today
The Washington times., 1921-06-10
u. S. Steel Statement.

NEW YORK, june 10. - In its
monthly statement issued today the
y. s. steel Corporation reports un-
hlled orders on It's books as OF May
81 last, OF b.4s2, 4s7 tons. This com.
psres with b,sf5.224 tons on ApriI 40
last. q decrease of 3e1-737 tona
The Washington times., 1921-06-10
Wall Street Gossip

last few years. are In considerably
better condition to continue opera
tons than other concerns.
Officials OF cigar companies say
orders are coming in very salts
factorfly. Consequently, they are
among the most optimistic of any
group of magnates-
The Washington times., 1921-06-10

The report on unified steel tom
mage on May 81. of the Steel Cor
poration, to be issued At noon to-
day. is awaited with keen interest.
II will indicate to what extent the
leader Of the industry Is operating
and affords a clue for estimating as
to when further cuts in prices may
be announced.
Such action, every one believes,
must be taken, tho sooner II comes
the quicker will be the revival in
steel and other lines of business.
Estimates of the May reduction
In unfilled' orders run from 100000
to 100000 tons, which would bring
orders on the books below 6,500.000
tons
When the Steel Corporations or
ders are lowering around the 5000
900 mark. 1t presases stern compe-
titkon.
The Washington times., 1921-06-10
ronAY,A PEssIMISTA

The pessimists Of today are those
who were optimists a year ago
particularly those steel magnates
who now can see no hope ahead.
The Washington times., 1921-06-10
Gary Gets U. s. Trade Post.

LIB. Gary today was appointed by
Secretary of Commerce Hoover as
District Manager at Boston of the
Bureau of Foreign and Domestic
Commerce, to succeed @. L. Logan.
The Washington times., 1921-06-10
TOpAY,S OFTIMINTx.

Those most optimistic today are
those who were loudest In their
warnings as long ago as October,
1919.
The Washington times., 1921-06-10
REVOCATION Of AUTHORITY.

Secretary Mellon, of the Treasury,
today notified all bond approving
officers of the Government of the
J revocation of the authority of the Lioh
Ponding and Surety Company of
Omaha. Neb, to issue surety bonds
for Government employees.
A financial statement of the COM
rsny. according to Secretary Melons
statement shows that II Is insolvent
the capital stock having been found
to be wholly impaired.
The Washington times., 1921-06-10
MEXICAN OIL SITUATION.

NEW YORK. June 10.-Ths sud-
den realization that Mexican condi-
lions are not as reassuring - was
thought precipitated selling of Mex
lean Petroleum and other Mexican
oil stocks.
While some maintain that the In
crease In Mexican oil taxes has besn
unduly emphasized. the opinion of
many traders is to the contrary and
10 strengthened by statements Of
several oil officials.
One thing appears to be sure. that
the Mexican government must rec
ognize American property rights. No
other policy will be tolerated
Indications that the Administra-
ton will not stand for such acts as
were permitted ip the past are well
coined. The mystery of Mexican
Petroleums failure TO show Strength
during the last fortnight Is now ex-
planned.
Traders had been wondering how
dealings could be SO heavy while the
floating supply Is comparatively
small without a technical corner
being created. Now they believe
that some people had advance in
formation of Obregon's tax decree.
The Washington times., 1921-06-10

LOWER CIGARETTE PRICES.
Some of the largest tobacco com
panies are soon to reduce their
prices on cigarettes and smoking
tobacco. t@ Hpf
The Washington times., 1921-06-10
List for Bankers
Convention Issued

Waller. Mr. and Mrs. George o. Wal
son, w. NJ Ward, John c. Weldon. T.
p. Wilson. Mr.. and Mrs. r. J. Wise. s.
X. Wyiie.
Joseph ID. Yerkes.
The Washington times., 1921-06-10
NEW BUILDING ASSOCIATION.


The regular quarterly dividend of
per cent was declared yesterday after
room by the stockholders OF the
Security Savings and Commercial
Banks, according to announcement
made today by Vice President, Francis
G. Addison. jr.
The dividend is payable on June 80
to stockholders of record on June rs.
The Washington times., 1921-06-10
Oil Stocks.

Furnished BY W. a. Hibbs 4 Co
Prices at noon: Bid. Asked
The Washington times., 1921-06-10
Curb Stocks.

Furnishes By w. d. Hibbs 4 Co. .
The Washington times., 1921-06-10
KILLING THE GOLDEN GOOSE

come from oil taxes, but arbitrary
duties would only upset everything.
The Washington times., 1921-06-10
BUSINESS SESSIONS.

BUSINESS SESSIONS.
The FIRST business session will be
held on Monday at 9:16 o'clock In the
White House ballroom. with Robert n.
Harper, president of the District
Bankers Association, delivering the
opening address.
Henry L.. Doherty. president of the
Cities Service Company. will deliver
an address, after which Francis
Coates, jr., examiner of the Cleveland
Clearing House Association. will speak
on Auditor and Auditing Depart
ments of a Modern Bank"
school Savings Plan for the Dis
trict OF Columbia Schools" will be the
topic for Howard Moran, vice presi-
dent of the American Security and
Trust Company. after which announce
ment of the committee on resolutions
will be made and resolutions presented
without debate.
John B. Larner. president of the
Washington Loan and Trust Company.
will preside over the second session
Monday afternoon at $3.50 o'clock,
when Charles d. Boyer. assistant
cashier of the Federal National Bank;
B. A Bowles. cashier of the Potomac
Savings Bank: Joseph ID. Yerkes, Fed
eral National Bank; James Montgom-
cry, Washington Loan and Trust Com
pany, will be the speakers.
Vice President Joshua Evans, of the
Riggs National Bank, win preside
over the sessions of Tuesday. begin
ming at 9:15 a. M, with Frank j.
Hogan, counsel of the association.
speaking on ''Hampering Business by
Too Many Laws"
What Membership in the American
Bankers Association Means" will be
the topic of an address by George 0.
Watson, president of the Liberty Ma
tional Bank.
Officers of the association will be
elected following the recess of the
session.
The entertainment program of the
convention will be a varied one, with
golf and -tennis tournaments. base
ball games. dancing. dining. etc.
After dinner at 8 p. m. at the Grsen-
brier tomorrow evening there VIII be
moving pictures in the ballroom with
dancing following.
NEW BUILDING ASSOCIATION.
Articles of incorporation for the
Kenilworth Building and Loan Assoc
citation with an authorized capital OF
500, 900 were filed here today by At
torneys Toomey & Toomey.
Richard K. Hutson is president OF
the organization, which will operate
exclusively in the Kenilworth section
of the city. while Jacob ]. Miller Is
secretary and William III. webb
treasurer.
These officers together with fetch
err v. Shipley. William p. Henshsw.
and s. Joseph Clark. form the frst
board of directors of the institution.
SECURITY BANK DIVIDEND.
The regular quarterly dividend of 8
per cent was declared yesterday after
room by the stockholders of the
Security Savings and Commercial
Banks, according to announcement
made today by Vice President, Francis
G. Addison. jr.
The dividend is payable on June 80
to stockholders Of record on June rs.
REVOCATION OF AUTHORITY.
Secretary Mellon. of the Treasury,
today notified all bond approving
officers of the Government of the
! Invocation of the authority of the Lioh
Ponding and Surety Company of
Omaha. Neb. to issue surety bonds
for Government employees.
A financial statement of the COM
rsny. according to Secretary Melons
al a fement shows that AZ Ia ipsoiyenf
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Much oil Produced
in August

Although production II estimated
to have fallen off some during hu-
gust n IL not likoly that n material de-
cline will he shown In the total pro-
ductlon figures OF that month. The
Prairie on company'a shipments for
the month ended August ~ are re
ported to have beer b.92s.S0G barrels.
which IN about the same m the fig
urea for the previous month, TIL"
Sinclair OH company IL reported to
have run an average OF 10000 bar
rcls of oil daily into It's steel storage
during August, which shows how the
crude In pilinG up ana how hhso-
utciy imperative n shutdown IL,
Additional tnnkage IL being put
up over tho field, necessary 20 take
caro- 81 the surplus oil. II is reported
out 90 tho Independence offico or
the Sinclair OH company that that
concern hns recently closed contracts
for 1b more $4,000 barrel tanke
which will soon be added to itn
available storage. II iR also rumorcd
that n corporation is being formed In
the Hewitt field. composed Of the
largest producers IN that locality, to
construct tank farm IN the vicinity
OF Hewitt and store largo portion
Of tho ovcrproduction In that fi"ld.
The key to the whole situation lirH
In the matter OF shutting down and
reducing the amount OF oil brought
Ia the top OF the ground, which VIII
do more to speed the return of nor
malcy and equilibrium In the oil in
duatry than any other possible factor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
OkD,uiOcc Test
LOOhiHD GOOd

The LuWofy OH corporltipu sooms
10 boz EotiIuR a VOL ~ ita So. o up
crntiuu. lpturd iu tho sVithwo't
corner OF inc northeast Of 70 -.
- rho lairu report from this t"st
was that 81 had been drilled 10 tcri
iu aaud ,opprd at 2ObG foot and
iAd about 1900 feet ~ oli iD th"
huis. IIr new w'II is iu the Joe
,aity of r"y"tal EU.r.ls in tho l.70p-
foot pay, which viii probably br
drlli'd On down n good prod IrtiVu
is found
Tho Eoco on cowptuy'a new we'll
I5cut,d in the renter ~ the onFl
unu at the northoaat uf tho south
paa' Of 2lt.li. which found an
estimated 100 barrel showing in
anud trppoh at lfsO feet. Is rilil
hut down. and tho owners have"
not yDi announced whether tho show
Huuid Doc shot. or the operation put
uu down dtrpcr III" Cuad'n on
company hns Hpuddod IA on iis No.
o. Cpbruv in tho uprthWeat corner
- the southwest Of the guth"nFi ~
2a.ti.It. an ofrh"t to thSNocp we'll
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Duncan Weifs .ShOic
RdDid Deciine

Last March. whom tho Duncan
n'Id onme into "a" iim,lEht again
by dCuurr drilling. and tho thre"
widely s"patntcd pruducors Of Smith
aud others IN 32-ls-sw, Cosdon IN
iO-ls-SW. and Shlffpr Mankin iu
32- In. sw. made II appear that that
pool would extend over an unusually
largo area, II was Tor some tim"
considered n menace to the market.
Although intensive drilling In this
territory for tho past 'cw Wonths
hle r'sultod In a continual increase
I'm production tho fear regarding
tho pools Influence has been dis
placed .Ha tho majority of the inii-
yidstl wells have shown a rapid dc
crease IN initial production.
lu the north pool salt water spon
mndo its Appearance iu the early
compl'tions. ana tho dLstrict around
32-3l-2V and 2R-ln-Sw and west
ward I'm 3Ga25-2I nud township In
9w IS now we'll outlined by failures,
and large maiotity of tho best
wells are now making a considerable
amount OF salt wytor.
In the south pool arounu 32-1s.
sw. although the salt water CON
ditlons IN the bottom ~ the sand
was found in tho 20O-fout pay a.
existed in tho l.5U0-fout Empire
sand, numerous good wells have
been completed, which have az yet
showed no water, However. those
producers have shown II Gonsidcra-
hle decline ip the initial production
ia the last ftw months. IA Is cvi-
, dsnccd in tho following report taken
from the Duncan Ardmorcitc In
the old Empire pool locality Illmon
ana others have total production
~ So barrels from four producers.
Wcsthoimor n Dauhc's four wells
are mSiuE total uf G5 barrels per
day The NJ, Mann Du company has
~ total Of 3i2 barrels daily produce
tlou from II wolls. The four pro-
ducors of tho MarRHy oil company
are making 633 barrels per day. The
nine wells uf the Amcrada Pctro-
Ioum company are now making 1875
barrels per day. ll1rWoll and others
four wells are now making l75 bar
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Consumption of Fuel OH by
Pubiic Utiity POirer Plants

The Division or Power Resources,
United states Geological Survey, ro-
ports. uudcr date ~ August 26 tho
production ~ electric power and
consumption " fuel hy public util-
ity power plants In the United
states for February March April
May and June 1921.
There were q1S.95S barrels ~ fu"l
oil thus consumrd in june nH com
pared with Sa33S0 iu NAV, April
sA3.l93. March, StS.SGG, February,
7SI.43s and January NgT.uNS
The statcs In which over $4,000
harrcla were consumed I'm Jun" fol
lo,y California. 2u1.7P5. Florida.
52,bGb, Kansas. V2.oil, Louisiana,
41.6O2; Mnauyhus"tta. 2b99o, Nts-
souu, 2LC15; oklahoma, ii.TN9;
Rhode Island 1891, T"NoF 2if,-
tOl.
Missouri plants cou"umoi furi OH
AZ fnljuWs. February. 43i2 hlrrrls
March 1859: April 1859. NAV.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
East Of Dkn,ufgee

Tho No. 2 well OF the Noco Pc
trolcum company, located In tho
center OF the northeast of tn" north
west Of 2l-i4-l3 ~ dry and ahan-
doned NJ a total depth OF $500 teot.
McIntutt and uthcrs' No. wcll
In tho northeast corner OF the north -
west of 2S-l2-li has becn plugged.
This test was drilled ~ IA total depth
II 2,1iO feet.
Tho No. I we'll Of the Nichclsor
Dil corporation. located in the north
wcst corner Of the northeast OF the
northeast Of 5-1i-li, has becrt shot
with $50 quarts and completed as a
26-harrcl we'll Sand was found
from lS71 to 1890 fcet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
IN THE OIL FIELDS
Office; 624l w. H. PECK Residence 2442

requires constant rIsk of lifc.
Many such frllowT az llli may be-
out NJ "a Job now. due to tho dOprcs-
zion ln No uil buHIuogH and may not
hpvo the Kind ~ employer who viii
look after them. Such mon should
not havo 20 b. dop"ud"ut upon th"
action ~ uuy labor board at Wash
mgtpn ON ihlp tabor day, what
could De moro beneficial action
hun fur every man. who has &c .
rgmulutcd fortune tu retrospect
% little. ami remember tho Ellls Who
ore r'gpunWhlo fpr the huildiug up
~ 'b'ir fortune ny drilling In tho
blk onos Un1 keeping 10" work go
lrr uu These men 10 not want
charity. but the mon thoy have mad"
nhuuld SOC that they arc employed
uud nrc drawing iiying Wago for
their families. uu matter what tho
turn ~ events may ho.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05

cur In OH formations makes FOR un-
certainty oven In proven territory.
These faults or omissions whicn APP
pr1T In proven fiolds are naturally
expected IN outlying districts.
Therefore. tho operating companies
for HrroaR" reserve must widely dl-
vorHifY their riHks 60 allow the las
of average ln thoir entire holdings
TO Tnks for tho proper balance.
Another reason for fractional In
'arosts is 10 sccuJo hnd insure the
CO. operation of other prominent
companies 90 cause development on
a lHuEtr scale,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
FIVE DIE IN TENEMENT FIRE
One Entire Family Perish; Blaze OF
Inc"udiary Origin.

NEW YORK sept. 4.--Ftve per
sons. lnciudingt gone entire family
p,riehed carlyFoday when a fire,
said by police 10 have been of in
ccndiayy origin. swept n fOur-story
tru,uHnt binding In First avenue:
Their escape had been cut OH
by tho burning away OF n staircase.
The strong odor OF oil, together
with the discovery OF a broken lamp
JOB lower hallway, gave puhc"
heir Glow ns to 'ho manner IN Which
the fire was started.
Thc alarm vas given hy pass
ing autOmohilst.
Two persons wcre> seriously m
iurcl
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Interesting Tests
in Lincoln COnnfy

Tht RosanN Petroleum company la
now drilling NJ i.227 feet on l'a No.
Randolph, located In tho southwcrl
corner Of M" southeast of tho south
east ~ 17-1G-G. p now drilling NJ
A227 fcot This II one Of tho deep
est testa drilled IN this toWuHhlp
The @ T. N II. corporation In tlsh
ing on ita Ma. ! vol. located In th"
ccntor Of tho aouthw"st ~ the eouth-
west Of 32-17-b. at a total depth ~
9G5 feet. This operation Is nu old
ras well drilled deeper,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05

rcls per day. The Lone star Gas
compauys II wells are making a
total production Of 1850 barrels,
ana 80 on.
II is plainly apparent that unle,s
drilling operations are kept up on "A
large scale In this fold 10 Offset
tho natural decline IN initial pro-
duction. tho pool viii soon show a
material dccro1so. Many OF the
above producers started out from
800 90 1900 barrels per day natural
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Operations Near
Torn Of Haifett

II is reported that the No, / VOL
" the y. ~. Is. OIL company, located
in 32-2l-7, viii be drilled tn the zee
ond hronk In the lino. which WI
make n one ~ tho 1ccpcHt tests pat
down iu this section Of the country.
The Turner Investment company is
apudding In on ~ No. well. located
In the northwest corner oi the south
east ~ a-20-7. This operation IL 10
cntcG jn n Htrictlv wildcat territory.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Important Failure
in RcOgs Pool

Tho now pool around section %
i5-il received "A setback Saturday
by tho completion ~ n dustcr IN the
wilcox sand by Waito Phiilips n
half mile north ~ the center OF pro
ductlon This operation. being the
No. / Cousins located In the south
went corner of the southeast Of i5,
topped IN" wilcox annd at 1881
fcot and the sand was fun of water.
WIN the WllcoN Raud failure In tho
nouthWcst corner uf the uorthcust
~ %. the extension Of thi= pool Ia
now limited In two directions
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Regarding Fractional
Interest in oil Leases

The custom In the oil industry
followed by tho large and successful
corporations, which the average in
vcstOr does not seem to understand.
is tho practice ~ purchasing and
owning fractional interests In onl
lcnsehulds.
they wonder why the larger com
pnnics with ample resources do not
purchase all of the lease instead Of
a part Geologic faults apt to oc-
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
In the Slick District

Tn" No Price of the Philips Pc
truloun company located ia th"
routhoaat corner ~ tho northeast ~
lG-1G.lG. has hccu abandoned rud
plugged M u total depth Of 1890
feet
In the aouihoaat corner ~ tn
northeast Of 4 .l5-t0 tho No. 7 vol ~
tho carter ON company has boon
shot with s0 quarts ana la good fur
1870 barrels Sand was found from
2.5q7 to 2,G39 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05

visitor Saturday. Mr.. Grider was IN
his usual good humor. but registered
a littIo~4ick on the hot weather.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
OIL AND GAS
Leases---suppiies--Pr Ets

Independent producer with II
years Experience In oklahoma and
Kansas drilling. producing, LEASING
and selling leases; practical geolu-
eist; graduated at law, admitted to
Oklahoma bar, desires 10 make con-
nections with good oil company. can
fiji any position, best OF references.
Address box 32o-F, care World
Adv
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-05
Sn,dH Producer
North of Walters

The victor oil company has n 2h-
barrel well In its No. i, lorNtod In
the northeast corner OF the north -
west of the northeast of 33is i0".
sand was found from 2,l40 to 2,lb5
fppt
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-04-23
2S yEARSAGO

(From the ally East oregonlan,
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-04-23
THEY SHOULD USE WHITE COAL

Copyright, 1921, by Edgar A. Gu
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-04-23
THE HoRRIFIED SENATE

reported that when Senator Harrison tore the hide of
George Harvey the ireconciabe senators sat aghast
That strange because the United States senate should be
used words of criticism by this time Last it was open
for the critics and what they did not do in the way OF as
sailing the then president of the United States not worth not
ing There let up when Woodrow Wilson was al
most at the point of death it right and proper for SEN
atoS attack president who had led the nation courageou
and ably in great and wrecked his health in an effort Tor
noble peace that would endure why should not senator
his honest convictions about the ambassador to Eng
land Pat Harrison said nothing about COL Harvey that not
true and known to be true He could have said much more and
still been far short of the mark set last by those who cast
their schats of at stricken president Having
themselves every variety of poison for political
ends why should the reconcabs sit agnast when one OF their
puppets like Harvey gets dose of his own medicine!
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-04-23

TINE charge made by union officials that big reason the
railroads in financial straits that they have been pay
much for coal and too much for steel worth look
ing into 1t forth that during 1920 the roads paid $780,
100000 for coal and billion dollars for STEEL point
worth considering whether not the who control
the railroads not also coal mines and big blocks OF steel
corporation stock and therefore inclined to milk the rail
benefit of the other corporations Color gwen
this suspicion by the fact the steel trust which has not reduced
prices much any has been getting the orders while ndepend
ent steel that have greatly reduced prices have almost
had shut lack business The railroad managers
prone lay all their troubles high wages paid railroad
workers An inquiry would probably reveal the
fact another side to the story and this feature OF
the situation likewise deserves attention.
Needless there remedy for the exOrbtant coal
charges paying Let the white coal of
the Columbia and other good power streams.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-04-23
HOW COURTESY PAYS

NRAVEING statesmen who during the maintained pol
icy service and courtesy find that they making
an investment in good will which is bringing them returns
in dollars and cents There time when orders
and supplies scan that the duty scarce
extended for nondevery But times have
changed and the dollar which beginning to buy more than it
did also dollar to be competed for-Oregon Journal
The allies have told Germany what sort of indemnity is
view that the next step for the Ber
lin government to begin payments In suggesting further
ference on this subject meddng in European a
fairs? the suggestion for conference an inma-
ton that the indemnity figures should be reduced? If do
not think the indemnity high what the need of further
conference?