davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
LESS ACTIVITY In
NEW YORK COTTON
Smaller Volume of Business Attribu-
table to Subsiding Excitement
Over Crop Outlook.

NEW YORK, Sept. 15-The cotton
market was much less active today
with local brokers attributIng the
smaller volume OF business to subsid
ing excitement over the crop outlook
and a disposition to await develop
ments in the goods and spot markets.
There were further wide fluctuations
however December selling up from
1855 at the opening, to 1926 and later
breaking to 1913. That delivery closed
at 1852, compared with 20.10 at the
close of the previous day, and the
general market closed weak at a net
decline of % to so points.
The market opened barely steady
at decline of 81 to AZ points in re-
Spouse to easier Liverpool cables and
reports Of better weather in the south.
There was a good deal OF scattering
liquidation and some southern selling.
but 1t was pretty we'll taken around
1910 for October and 1885 for Janu-
airy. Rallies followed on reports OF a
firm spot basis in the south includ-
ing claims that middling could not be
bought in the interior Of Texas at
prices which would Show cost OF
less than $50 points on October landed
in New York. There was also rumors
late in the morning that a prominent
Chicago authority estimated the con-
dition of the crop at 40. which would
indicate a falling off of 80 points since
August 20. Demand failed to broaden
much on the bulge. however, and when
the rumor was denied, prices broke
sharply. October sold off from 1875
to 1880 and January from 1897 to
1885 in the late trading, and the close
was within a few points of the low
est. Brokers with Wall street connec-
tions were more or less steady sellers
during the day, leading to some talk
of a steadier technical position late
in the afternoon, although liquidation
continued right up to the close. There
was more southern hedge selling re-
ported during the day, but it was ac-
companied by reports of increased
spot sales in the south. Trading at
times during the day was almost dull
but became more active on the break
late in the afternoon, when the talk
around the ring showed quite a re-
dictionary sentiment in local circles
on the ground that small. crop esti-
mates has been pretty we'll discounted
and that goods buyers were slow to
place orders on advances.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
NET LOSSES IN
ORLEANS COTTON
Although Hedge Selling Predoninated
at Times, There Was More or
Less Short Selling.

NEW ORLEANS. Sept 15.-The
disposition in the cotton market to-
day was to react, mainly because Of Ii
quotation from the long side although
there was hedge selling in evidence at
times and also more or less short SELL
ing on the theory that prolonged re-
action was overdue. The tone was
soft in the late trading and the close
was at losses on the day Of from 40 10
II points. with October at 1915 cents
a pound.
The opening was uneasy under the
influence of a much lower Liverpool
than due, and this initial decline soon
amounted to "a to "A points, which
carried prices to the lowest of the day
October trading down to 1904. Favor
able weather over the belt seemed to
effect increased offerings.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
STOCK MARKET
is LESS ACTIVE
Leaders Showing Losses Of One t
Two and a Hall Points at
the Heavy Close.

the Heavy Close.
NEW YORK, Sept. 5-Professional
interests dominated today's less active
and more restricted stock market.
Efforts of bull pools in several of the
prominent industrial and special is
sues proved abortive. leaders show
ing losses of one to two and half
points at the heavy close.
Baldwin locomotive again featured
the dealings at an extreme rise of
i IL points, but closed at a loss of
slightly more than a point. Among
the affiliated issues also oils, steels,
motors and rails, heaviness prevailed
Apart from the operations Of pools
stocks were Influenced to a great de-
gree by the money market. An open
ing rate of five per cent for call loans
gave way to four and a half per cent
at noon, but belated borrowers forced
the quotation back to five per cent
in the final hour.
There was no other explanation for
the unexpected stiffening Of the money
market. Local banks evidently hav-
ing taken all necessary measures yes
terday to meet today's very large in
come tax payments,
Dividend omissions by sugar COM
panies and one of the minor produe-
ers indicated further readjustment OF
the Industrial situation. This was bal
anced in part. however by the higher
prices posted by Independent steel
manufacturers. International remit
tanoes again took their cue from Lon
don. That market sent over lower
quotations for all Lending exchanges,
including marks, which duplicated the
early weeks low record. Later rates
were flr1ner, sterling making full re-
covery. Another decline in the Ar
gentine rate was attributed to reports
of q. suspension of negotiations for a
loan to that government
Extensive dealings in liberty issues
with marked strength in the 3 1-2's
was the feature of the bond market.
Other domestic bonds and most OF
the internationals, including United
Kingdom Of 1897 were lower. Sales,
par value. $14,sb0,000.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
coTToNsEED OIL.

NEW YORK. Sept l5.-cottonseed
oil was comparatively steady for near
by deliveries through demand from
spots, but forward months were bear
ishly affected by the slump In cotton
and poor showing In lard. Closing bids
We're 3 to "a points net lower Sales
10. 400 barrels; prime crude, 5000;
prime summer yellow spot, s.85; Octo-
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

JACKSONVILLE Sept. Is. Tur-
pentine firm s2@62s-4: sales, s7s; re-
oeipts. ga; shipments 500; stock, 22.-
sos.
Rosin firm: sales s56: receipts. 857.
shipments. s,s4o; stock, l74, 46s.
quote: B. 400; d, 4,00@4,05; e, 400
@415; r. 43o@4s5; G. 4.35@A45; II
As; !, $50; X. 460Q465; NJ, 1850
4.7o. N. 4.65@475; VIC, 5.oo@5.o5:
WV. 5.60@5.65.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
AttestJ JAS. MAcGIBBoN, Clerk.
nnV GoODs.

NEW YORK, Sept. 15.-Unfinished
cotton goods and yarns were steady.
prices were advanced on branded lines
81 cottons to "a parity with gray goods
and raw cotton. Raw silk was firm,
with slight advances in China grades.
Burlaps were firm, with heavy weights
scarce and higher. Knit goods adj
yanced moderately with fair buying.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
NAVAL STORES.
Pensacola.
Port Movement

Pensacola.
Turpentine firm, 81 "a. Sales Ill
receipts, 81; shipments none; stock
20,549.
Rosin firm. Sales 22e; receipts 229;
shipments 451; stock 1916.
Quotations; WV, $50; VIC, 500; N.
4.s2 Ia: NJ, 4.25; K, 44o; /, 4.2b; H, O,
f, AIS; z. d. 400; B, $50.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
LESSONS IN
FINANCE
Purchasing on
Margin
ARTICLE TWO


Probably nine-tenths Of
all the purchases on the
various Stock Exchanges
are put through on a mar
ginal basis, which is as fol-
lows: Tom Smith wishes to
buy one hundred shares of
United States Steel Com
mon Stock which is selling
at $500 a share on a ten
point margin. which simply
means that he wishes to
control that stock by pay
ing ten dollars a share in
stead of seventy-eight dol
lars.-He gives his Broker
a check for one thousand
dollars Hrs Broker takes
that thousand together with
six thousand eight hundred
dollars of his own money,
buys the stock, takes it to
his bank, and borroWs six
thousand eight hundred dol
lars against it.-So the
Broker gets his money back
Immediately and Tom
Smith controls seven thou
sand eight hundred dollars
worth of stock with a thou
sand, on which he is entitled
to all dividends, etc. Al
though he must pay the
current rate Of interest on
the amount the Broker Dor
rowed from the Bank on
his stock; and should the
stock fall in price, he is liza
able to be called upon to
furnish more money, Cad
ditional margin). The wise
investor should always hold
in reserve at least double
the amount he puts Gs~
originally as margin, to
meet this contingency, if
necessary
Tomorrow's article viii
be on Purchasing on Time.
Allan Stirling
Specialist Ia
FOREIGN BONDS
and
EXCHANGE
224 Brent Bldg.
Phone ISe9
Pensacola. Fla
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
alinAR AND coEEEE.

NEW YORK. Sept. 15.-Raw sugar
weak and unchanged; refined un-
changed at $50 to 5.65 for fine granu-
lated.
spct coffee quiet at Z 5-S for Rio IS,
and 1919 to II Ia for santos IS.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
Savannah

SAVANNAH. Sept. 15.-Turpentine
firm, So s-4c sales. 147; receipts, ss6:
shipments, 1,5io; stock, 1854.
Rosin firm; sales 1856; receipts s22;
shipments, 1863; stock 7s.s47.
Quote: B, 400; ID, e. 4.O0@4i0; r
.425@4.sO; G, 4.so94.s5; Fl. 4.s68445;
II, 4.5o; K, 4.e5; NJ. 4.65@bo; y, 400
.4.75; VIC. 5.Oo05.25; WV. 5.5o@5.75
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
CHICAGO GRAIN MARKET.

CHICAGO, Sept. 15.-wheat under
went new declines IN price today
chiefly as result OF Argentine rains
and fresh breaks in foreign exchange
The market closed unsettled ! az 70
2 "a cents net lower. with December
1882 to 1884 and May 1913 TO
I1.ss1-4. Con lost 5-S9s-4 TO ic, and
oats IL to SIS to 7-se. Provisions fin
ished unchanged to 15c lower.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
JOURNAL CLASSIFIED ADS
One Cent a Word in Advance
One Rate TO All

RATgo
No advertisement taken for lees
than 2B centa
Count the words m your adver-
tiaement ana multiply BY the num-
hev 81 times you desire It printed
remit accordingiy.
IL counting words include .r0
let" "For sale" ''Wanted," etc. ~
well &c addresses
SLACK FACE CAPS. LIKE THIS,
TWO CENTS PER WORD.
ParaEraphed matter. liue daaham.
white space. classified display; Sc per
line, $50 per inch az lines rake an
ineh.l
Any person whose name appears In
the TELEPHONE directory may have
classified ads charged.
Cancel orders should be kiven IN
writing, never ovar the phone,
Advertisers should give their home
or posi1fflce address as well a. their
phone numbers, because many rad
eIs have ~ telephones.
II the advertiser SO desires. replies
can be sent In care Of The Journal
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
LEGAL NOTICE


Sealed bids win be received at the
office Of the Circuit Clerk OF Escanoia
county, Pensacola, until $3.50 o'clock a,
M. September 9th, 1921, and opened at
that time for the repair and painting OF
the plumbing system, and repair OF the
heating system at the County Jail Build
ing, at Pensacola, Florida. Bids on the
two items to be separate.
All bids must be on the form furnished
by the County, sealed and plainly
NJ The County reserves the right to re-
iect any and all bids.
Specifications on file IN the clerk
Office. r,r1sour
Chairman Board County Conn
missioners.
At'esJ JAS. MAcGIBBoN, Clerk.
Notice is hereby given to creditors,
leratees. distributes and all persons hav-
10 cIaiYna or demands against the estate
~ Thomas J. Holman, deceased. to pre-
senf the same to the undersigned WITHIN
two (21 years from the first duplication
of this notice. August 18th. 1921
LUCY p. HOLMAN,
1saug21 -oawsw Administratrix.
Notice Il hereby given that the under
,rsned Guardian of the estate of Viola
Perh and Alice Louise Roch, lately min
avs will on the 18th day Of october,
Il b. 1921, present her anal account and
votlchers to the County Judge OF Eseam-
hia County. Florida, and ask 10 pc ais
charred from her said guardianship;
IDA ROCH, Guardian
1aaug1sz1oawsw
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
Transfer - Storage

noRRAs TRANsFER co.
PHoMg fs4 sssw 2EEAlsSss sA4ssEETw H ~
KINDA on HAULING. YOUR Bust
MSS soLlcfTEp.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
poTATo quotations.

CHICAGO, Sept. Is. = Potatoes
steady; Idaho whites, 2.g002s0; Red
River ohios, 2.so@2.s5 cwt.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
FOUND
NEW RESORTS
NOTICE TO TRAVELLING MEN
aAGpA6 INN

NOTICE TO TRAVELLING MEN
BAGDAD INN
Baadad, Fla.
We have a place at Bagdad where you
can get best of accommodation. Clean
steam heated rooms. Excellent food and
real service. Hot and cold water in
every room. Rates reasonable.
BAGDAD INN
NEWPORT ON SANTA ROSA SOUND
A delightful place TO spend your Vaca-
ton. Fine beach and good fishing, all
ways cool with plenty Of shade, good
food served at reasonable prices. Boats
leave Pensacola every morning at g. m.
For reservations write A. III. VIOLIN,
Mary Esther, Fla.
WELLHuRST
Among the pines on beautiful Perdido
Bay--thirteen miles southwest OF Pensa-
cola by way Of bTillview along shore
drive. Good roads. Rest and recreation.
Peace. poetry and sunshine Take your
friends 70 this wonder spot for week
end. Good eats, three times per Day.
The water is fine. Rates reasonable; For
COOKE, P. O.. Lillian. Ala.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
DANCING

DANCING SCsIOOL-Classes. Private
lessons Also childFenss classes IN aee-
thetic Dancing. 206 West Gregory. Phone
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
HELP WANTED

WANTED A BRIGHT YOUNG MAN.
One living at home and who Ia Wilt
Ing to start at the bottom and work
his way up. Must come we'll recon-
giving phone number. Box S24, Jour-
nal.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

Old Papers for sale at Journal
Office.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
AGENTS WANTED

AGENTS wANTEp-sss re SO 6A! !.sl
EVERY WOMAN WILL BUY. SAMPLE
RY PARCEL Posi-. s5 CENTS. coM-
DINATIoN BROOM CO., ELMlRA,
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
POSITION WANTED

POSITION WANTED-By first class
man. bookkeeper and stenographer.
READY 70 accept on a few DAYS notice.
WIN call for Interview, Address p. O.
BOX 1340.'
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

Der. ss2; December. $50: March, 9.ss
all bid.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
LODGE NOTICE

BRIDGE AND STRUCTURAL IRON
WORKERS, No 265, meeting viii be
held Friday, the 18th al 80 at 1872 Ia
No. Palafox, r. ], BEALE. Secretary
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

FOR SALE-One fresh milch cow cheap.
See Mr.. Caraway. Brent, Fla.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
MORTGAGE LOANS

LOANS ON RIAL E9TATg..
we lend money on Real Estate II tne
rtt.- an short notice. Please state ~
: rnlicatlon III you have an Abstract OF
Title 20 the property.
A's'S Cali ana See Us,
THE WATSON AGENCY. tne.s
p seueh Palae2x 9t.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

FOR SAIsE-One pair farm Percheron
mares. young and sound, one pair farm
mules. several single horses ana mules.
1914
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

MONEY TO LOAN
saoa 400 90 or more, Of the EQuitai e
inSrevfrnenf funds ere now ready to oe
insreS an Pensacola homes, in approvAd
io~siifseS' in sums OF 81, 900 90 20 S6.000.oN.
Information and details cheer1ully given
s0s & pnfafox ST., r. p, SIMPSON, Spi
At. Equitable Life Assurance Society.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16

FOR sAI.E-One robin house, four sec
tons; bicycle; hogs. 1918 n
Guillemarde st.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-16
FOR SALE

FOR SALE-At most attractive price.
one Dane Hay Mower and Self Dump
Rake in Al condition. Apply j. d.
Anderson, Ford Authorized Agents.
Phone 1914
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-Farm. -.
10 acres two miles out, Al soil,
e $50, terms. =
40 acres, 31z miles out, Al soil,
$25, terms. On any size wanted,
improved or wild, with price that
will sell many other good bargains.
The Phelps Agency, LOG Third
street. Phone IT'S. 3t5-37
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR sALE-OLDsMOBILE, EIGHT
CYLINDER TOURING, in excellent
condition, new tires. Bargain for
cash or good paper. Will demon
strate thoroughly. Can be seen at
Jewett's Garage or cali G. S. Hard
ing. 5-25tf
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-One acre tracts on 26th
and Minnesota. Something special.
Any party that Will pay $50 down
and build on one Of these, lots will
be allowed $ years before making
r. another payment with interest at
8 per cent The Phelps Agency,
, 106 Third street. .",~. -.. 3t5-27
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR sALE-S0, 120,or $50 acres,
6k miles north of Bemidji, H.
mile from Farmers store, II mile
from good school, '2k miles from
potato warehouse, n cash. Bal
ance terms at 6 per cent; for prices
write B. Prigge, Rte. l, Turtle
". River, MINI. ,.....s g. s.l2t6-3O
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-Overland Ninety s. pas
senger touring car. Looks and
runs like new. Cheap, If taken
for cash. For particulars, phone
27-F-4. TO-. "a ,,~s3.. 2t5-26
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR sALE-160 acres near Will
Jams. Beltrami county, at sacri-
flee price, On easy payments If
desired. Also 160 acres in Bot
tlneau Co.. North Dakota, at
bargain. ]. S. K1as, Beaver Dam,
Wis. .t.s... , e. =. .,.. r. 5t5 rs
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

WE WANT a lady or gentleman agent
for the genuine j. K. Watkins Pro-
ducts in Bemidji and other vacant
towns. A big opportunity for any
hustler. Write today for free sam
pie and free particulars Of our Won
derful offer. j. Il. Watkins Co., "a
,Winona, MINI. 4t5-7-l4-21-2S
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-House and lots or small
tracts or lake shore property The
Phelps Agency, 106-Third street.
H.. "A ~ .-a - Il 49,. 3t527
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR lets between 9Th
and 10th streets on Irvine avenue.
Inquire 914 Irvine avenue or call
~ 43 AVE-: s.. ga S6t5-3O
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE have some of the best
land in Beltrami county, part i'm
proved and on lake, close to station.
Sell cheap on easy terms. Il. J.
Swedback. IL 6t5-27
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE OR EXCIIANGE-for in
closed car, 5-passenger touring car.
Looks and runs like new. Tsle-
phone 1921. ltw5-26
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26
FOR SALE--FARM

LOTS OF FARMS--Let us sell you
one. Come to our office and look
over our bargain signs. Willis \
Olson, the land men. 1-ltf
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE OR EXCHANGE for in
closed car. 5-passangsr touring car.
~ Looks and runs like new. Tele-
phone 1921. .-.,s :. 49, 3t5-25
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26
FOR sALE-cITY PROPERTY

FOR SALE-House, lots and farm
lands. See J. Bisiar, 800 Beltrami
avenue. 81. r ~ + r.. l6t5-31
FOR SALE-Two lots on America
avenue. Erland Morken, .Bemidji.
Is, 2t5-25
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-One light Buick in good
condition. Will demonstrate. Will
sell cheap. Inquire at Ideal Pool
Parlors. $500
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-Ford touring car, cheap
Elmer c.. Oftedahl, 1872 Mill Park,
or Route 2, Bemidji. - 3t5-27
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26
WANTED

ANY ONE in the city or countr.
having cottages in the vicinity
lakes or who wish to rent rooms
furnish board TO- summer guests
notify Leila Sanborn, Secretary Be
mfdji association. SILT
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-Five passenger Dodge,
first class condition. See Olaf Ong-
stad at Bemidji Auto Co. 6td5-31
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR RENT---Ore house and two fur
nished rooms down stairs for house
keeping, 20S Mississippi ave. So,
or call 471-J. 49,. 2t5-27
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR SALE-Mctor boat and boat
house. Inquire of Roy V. Harker,
118 Third street. rs.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR RENT-OLe modern furnishe d
room. Call G252 or 327.% 5-25tf
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR RENT: Rooms in basement of
Peoples Cooperative store. 5-17tf
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26
FOR SALE

FOR 6ALE-Hamilton piano, good
as new. 1907 Lake Blvd. Phone
1888. = 4t5-2S
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR RENT office rooms in the
Ibertson block. M. E. Lbertson.
=. 81 ~ e 5-2O-tf
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

lFOR r r N 1.-Two unfinished
housekeeping rooms. Phone 421-J.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-26

FOR RENT-Rooms at SO, 81, and
IS a week for two in room, BIT
Minnesota avenue, upstairs. !@&
~ AK 81 &, 1ss& 3& - 6th-25
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-26
Rapid RecOUerB IN on

According TO a. W. Ambrose
chief petroleum tcchnulogIst, Bur
eau ~ Mines. the petroleum indus
nv yyiu recover far more rapidly
than many other Industries. lie IL
uuot,d IA follows zone may take
ia, zine Industry which sells "h'y
g, Der cent Of the products at pre-
war prices, while petroleum Is abe
TO grt rid of % per cent Of its pr"
.du,tlou. Then there is th6'incrcasci
consumption of Ehsolin" accounte"
for hv the enormous growth uf tho
.nuionotiyc Industry tn oil INDUS
try today rs living ON ia shs"Hh'
sales and nothing else. As soon "A
the economic depression IL renewed
thr petroleum industry Will be on"
of the first to benefit. ana demands
for pptrulcum will advance rapidly
and go beyond the wartime con
mmptlon. Indeed, tho 1870 prodno-
tion of gasoline and crude pctro-
lcum was increased enormously pe-
yord the wartime figures. The war
growth was not 80 striking as has
been the aftorwar growth. WHAT
the wa. did was to point out the
essential Importance of gasoline a.
military necessity. Prom wal
street Journal.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-26
business Is Betier

There ~ "A revival In hu'Iu'H"
which ls all the moro romatkaDIo h'-
cause of the fact that II has como
unheraIdrd and uuAnuuunCcd.
The rcfInors are being hcmoE'h
by purchasers Of refined products
ana not only Easolino. but k'rnh'h'
and fuel oil are also In demand.
This viii enable rcfin"ra tn pur
,haac moro crude. and viii thus very
promptly relieve the situation, ht
least. to an npprrciahlc extent
IL is the history of the oil game
tuat conditions change over nlght,
and this time the change has como
when least expected and noVorth'-
leaa IA ls very welcome.
+, might ne well be attributed 20
the fact that the independent oil IN
torcats are up IN arms. ready Tor
battle and that the Gcalors, known
ns johbers. throughout tho oounu'
have decided at last, that the mar
kot has reached bottom ana nat
now is "A mighty good time TO buy
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-26

We h"hov' II TO n' our So''..r ,,a
duty to warn the p'onIe OF t',
United states that me Slanuaru WI
company and its allied corp"rall"'ls'
are carving out a policy long SIM
adopted hr II OF m"n"p"'I"'nE ,'t
known and potential on producing
prorcrtics of n" Initcd states an"
foreign countries, This rohoY, inso-
far rs 1t applies 70 the lnit'' STATES
Is already 90 per cent eNecuted'
therefore.
We believe that the further ac-
duisition Of oil leases ana iands pF
pipe line companies ana thosc COM
| panics having n common stock own
ership with pipe line corporations
( constitutes grave menace TO the