davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
WEEK In COTTON
WAS UNSETTLED
Both Futures and Spots Make Low
Records.

NEW YORK, Feb. 25.-The cotton
market has been weak and unsettled
with both futures and spot quotations
making new low records for the sea-
son. May contracts here, for instance.
have sold we'll below the IL 1-2 cent
level or more than 4 cents per pound
under the high price touched on the
advance of early last month, while to-
days quotation OF 6.75 pence for mid
ding cotton in the Liverpool market
was figured as equivalent to about
1895 cents at the prevailing rate of
exchange. According to local brokers,
the influences chiefly responsible for
the decline have been the continued
depression of foreign trade as reflected
in the news from Liverpool and Man
ahester and fears of increased old crop
offerings in the south before new crop
PREPARATIONS are completed.
Reports that banking interests in
both eastern and western sections OF
the belt were advising liquidation of
old holdings in order to reduce loans
were emphasized in the latter connec-
ton, and considerable southern hedge
selling has been reported around the
local ring.
Meanwhile private cable advices
have been received stating that some
small lots of American cotton We're
being shipped back from Liverpool to
New York for delivery on contract,
which were taken as confirming the
pessimistic reports of British trade
conditions. Some buying by CONT
mental and Japanese trade interests
has been reported on the declines. but
otherwise the support has been attrib-
uted chiefly to covering or buying for
a reaction. Notices issued against
March contracts on the first notice
day represented in the neighborhood
of $4,000 sales and were stopped by
firms who were credited with selling
later months against the cotton. At
one time March appeared to be 100
points below May. but the difference
later narrowed to about so points. and
further notices are anticipated before
the final maturity of the contract.
Reports that sales of fertilizers are
falling far below normal have attract
ed considerable attention and there
were reports late today that a prelim-
mary trade canvass pointed to an av-
erage reduction of approximately 80
per cent in the acreage OF Texas and
Oklahoma. The decline in the London
market for bar silver was one of the
weeks unsettling influences.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
LEGAL NOTICES
NOTICE TO CONTRACTORS

Sealed proposals for constructing the
Rocky Bayou Bridge National Forest
Road project located within the Florida
National Forest, State of Florida, Coun-
~ of Okaloosa, win be received by the
District Engineer, Bureau of Public
Roads u. S. Department OF Agriculture
at 91i Bell Building, Montgomery, Ala.
until 400 O'Clock p. M, on the Sd day
of February, 1921, at which time and
place they will be publicly opened and
read.
is approximately 0.287 miles, and the
principal items of work are approximate
ly as follows: The construction OF 1000
lineal feet of timber trestle and bridge
and SIS iineal feet of earth fill surfaced
with sand-clay. The right to cut timber
for use in the construction of this bridge
from National Forest Land win be
granted to the contractor as stated under
Especial Provisions of the Specifica-
tions.
The work embraced in this contract
shall be completed within 100 weather
working days following the execution Of
the contract by the Secretary of Agri-
culture.
The contract form and the maps, plans,
specifications. and estimates OF qua nti-
ties may be examined by responsible
contractors at the following addresses:
Extra copies of plans, etc, available
only at first named of4ce).
Z. s. Bureau of Public Roads Room
GIT Bell Bldg, Montgomery. Ala.
U S. Bureau of Public Roads care
H. E. Herman, Perkins Bldg. ITALIA
hassee, Fla.
Z, S. District Forester Z. L. Bishop.
Custom House, Pensacola. Fla.
County Clerk. Court House, Crestview.
Fla.
All proposals must be made on forms,
and in accordance with instructions,
forming q part OF the specifications and
must be accompanied by a proposal
guarantee in an amount at least equal
to five (5) per cent OF the total amount
Of the proposal.
A E LOpER,
District Engineer.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
The Market Place of West Florida
axN READ DAILY BY $4,000 PEOPLE
The Cost is But Ti7e and the Results are UneQuaZed
JOURNAL CLASSIFIED ADS
One Cent a Word in Advance
One Rate to All

Count the words in your adver-
tisement ana multiply by the num-
Der Of times you desire II printed
remit accordingly.
In counting words include ITO
Let" for Sale" Wanted" etc, as
well as addresses.
RATES
No advertisements taken for less
than Is cents.
BLACK FAcE GAPS, LIKE THIS,
TWO CENTS PER WORD.
Photographed matter. line dashes,
white Spaoe. classified display: &c per
line, SEC per inch az lines make an
inch.)
Amy person whose name appears in
the telephone directory may have
classified ads charged
Cancel orders should be siven In
writing, never over the phone,
Advertisers should give their home
or postoffioe address as well as their
phone numbers. because many read
ers have no telephones.
II the advertiser so desires, replies
can be sent In care OF The Journal.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
COTTON OIL STEADY

NEW YORK. Feb. 25-Cottonseed
oil ruled steady throughout the days
trading. Closing bids were points
lower for September and to net
higher for other active position. sales.
14.1O0 barrels; prime crude, 500 sa1er:
prime summer yellow, G.00@G.S5:
March, GO; May, 7.51; July, 7.S7 an
bid.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
WHEAT PRICES ADVANCE

CHICAGO. Feb. 25.-I1xport bas.-
ness together with some Investment
buying rallied the wheat mdrlIet tO3ay,,
after there had been fresh declines.
The close was strong at the same as
yesterdays finish to Ia higher. Corn
gained 1-4@3-S to cent: oats IL T.
"a cent and provisions IL to 40 cents.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

In Escambia County Court OF Record
State OF Florida-ln chancery.
Fl. A. Malone. Complainant VS.. Daisy L.
Malone, Defendant.
On Monday, the 7th day OF March
a. d, 1921, the defendant Daisy L. Ma
lone, Is required to appear to the bill
filed against her herein.
This order to be published once each
week for eight (S) consecutive weeks in
the Pensacola Journal a newspaper pub
lished in said Escambia County.
j. l.. MAYO,
Clerk Court Of Record.
BY A. L. TIDWELL, D. C.
Pensacola, Fla, Jan. 14th, 1891.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
WEEKLY STATISTICS.

LIVERPOOL, Feb. 25.-Total for
warded to mills, 10000 bales, OF which
American, 80 600 stock, 1896 600;
American, Gas, 900. Imports. 81 eco;
American, $4,000. Exports, 900:
American, 5000
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
SAVANNAH


Turpentine--Firm, Soc; sales. O.; re-
ceipts, SO; shipments. 1.502; stock
1854.
Rosin-Receipts, 250; shipments.
100; stock, 1885.
NEUTRALITY-SUSPICIOUS.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

ly at the expense Of values. Liberty
issues were irregular. though mos -iy
lower. as were also local fractions ana
the international group. Total sales
par value. S15,275, 900.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

OBSERVATION-DISCLOSURES a. shipments
1852; stock, s.45I.
Rosin-Reeeipts. $50; shipments, o:
stock, SO, 901.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
JACKSONVILLE

Turpentine-Firm. soc: sales. 43:
receipts, 81; shipments, 20; stock, a.
49,
Rosin-Sales, 0; receipts, 70; ship
ments, rs; stock, 79,453.
observation-disclosures
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
LOST AND FOUND

STOLEN-S10. reward and no ques-
tions asked for return of Winner bicy-
Gle No. 674S stolen from front of Journal
office belonging to Jack Mcclure, SIS E.
Wright-st. 35G
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

WANTED-Canvasser man or lady, for
house to house work Good paw to
worker. Address P. 0. Box $685. City. AIS
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
FOR RENT

FOR RENT-One bedroom on North Hill.
Modern conveniences. Apply us West
Gadsden, Phone 1907.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
LEGAL NOTICE
NOTICE,

NOTICE.
ANSWERS TO WANT ADS FOR THE
FOLLOWING ARE AWAITING YOU
AT THE JOURNAL OFFICE:
n 80; w. 10; Purchaser, 4;Box Xxx, 10:
House, 5; and several for the fcilowtno
M. M; Gun; IA; HiIi 1900; M. o.; DC;
n. n. g.; 50; 81; W. c. A.; Dentist;
XXX; Wood Products.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
PERSONAL

KNOW your life. Latest scientific meth
cd. Develop your powers. Send birth
date; 12c stamps. Satisfaction guaran-
teed. Walter Winston Kenilworth. IS BID.
Courcelles, Paris, France.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR SALEe-At a bargain, tract OF farm
land on Flomaton road ten miles from
or farming or fruit growing. in a good
community. VIII be sold i'm tracts Of
20 TO 30 acres, also highly improved tract
u land near city with residence and
modern improvements. Apply to Leroy
V. Holsberry, 403 rhicsen Building
'hone liza.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
PENSACOLA

y /. - - - - u :: :: = :: s.a.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

gABRAGE and Bermuda onion plants
$500 per thousand. five thousand. $3.50,
ten thousand $3.50 Satisfaction guaran-
teed.-J. l.. White. Tallahassee. Fla.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR SAIlE;-l4 foot juniper boat with
Ferro tail-end engine. Like new. Bar
gain. l.. A. Enos, ITO Il. Gadsden--
e. AZ
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
FOR SALE

FOR sALE-4Sacrifice 100000. Twenty
acres, four room house, barn, wagon,
pillow. IA acres under cultivation. In
qulre VIM A. IIadler. 4Os w. Bomana
St. Az
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR sALE-Cheap-s hand Ford
Truck, In good condition. now in use.
West Florida Grocery Co, corner Jeffer-
lon and Cedar Sta.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR sALE-Homstitching and Picoting
attachment, works on all sewing ma
extra. Lights Mail Order House. Box
%. Birmingham. Ala.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
WANTED

WANTED-To rent six or seven room
modern house, in good location, Fast
Hin preferred. Permanent tenant. Jno.
f. Gaylor, San Carlos Hotel Telephone
$40.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

nor SALE-well located. modern resi-
dence on North Hill. Apply to Leroy "
jolsberry. 40S Thiesen Building, or
lhone Ia.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
HELP--MALE
HELP

WANTED--A good smart girl or woman
to live on place and keep house for
small family. Apply 200 w. DeSoto. 1894
WANTED-An experienced maker. APP
ply Falk's Millinery Store, next Clut-
ter Music House.
WANTED-Colored woman to live on
place and do general homework. Apply
1000 e. Gonzales.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
MORTGAGE LOANS
1RANSFER-StOrage

5oRAS TRANSFER CO.
PHONE I145. OFFICE AND WARE
HOUSE EAST CHASE Street. ALI.
KINDS OF HAULING. YOUR EUSl.
NESS SOLICITED.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

WANT to exchange new Remington
Typewriter for new Underwood Type
writer. Phone 46. 20
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR SALE--wnl sell or trade for real
estate, one Maxwell coupe. in good
condition. Phone 22S2. 81
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26
FOR RENT

LOST-Pointer bitch, liver colored head,
liver spot over fore shoulder and hips.
Balance white. Answers name Sue
Reward for information or return, 901 n.
PalafoX. Phone 2241. A. r. Langford.
41S
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

COR STOVE OR CRATE WOOD in any
quantity call II. S. Kennedy. Phone IS
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR sAI4E--One Rex typewriter in good
condition. Price reasonable. Apply
Journal office.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR SALE, at a bargaln-one spas
senger Gardner: one 5-passenger Ford,
good condition. See them at Son
Buick Co. 2s3
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-26

FOR SALE Shetland pony. Apply 1905
p. Gonzalez. h
The Washington herald., 1921-01-16
LUMBER PRICES
AGAIN NORMAL
Few Purchases Now Being
Made, Says Report
Just Issued.

The year opens with a feeling Of
optimism in all branches of the
lumber trade, says the weekly re-
port of the American Lumberman.
Though Immediately after Christ
mas the volume of inquiries began
to increase and today is heavy, pur-
chasing at present is on a very
slight basis. These inquiries are
not expected to result in immediate
placement of orders, as they arise
from inventory-taking by retail
lumbermen who, by means of these
inquiries, are seeking to determine
what they will have to pay for
stocks to fll up items and grades
that have been allowed to decrease
to a dangerous level
One reason for optimism on the
part OF the lumber trade is the fact
that wholesale lumber prices have
been so generally debated, and this
action has been very largely fol-
lowed by retailers. In this connec-
tion the general public is not aware
Of the significance or the real size
Of a reduction of 33 per cent in the
selling price of lumber. Actually
such a decrease puts lumber back
at the price which prevailed before
the sensational advances. For ex-
ample: Assuming that before the
sensational advances certain
grade Of lumber sold for $40 a thou
sand feet and that during thes rapid
advance in the market the price OF
this grade increased so per cent or
$40, making the selling price $50,
wholesale. A reduction of SO per
cent is equal to $40, making the
selling price the same as before the
increase. Thus, as one retailer put
1t, 1-3 equals 1-2.
The Washington herald., 1921-01-16
SALES OF HOMES
REPORTED BRISK
Shannon and Luchs' Report
Indicates Revival of
Realty Buying.

The following sales were re-
ported by Shannon and Luchs:
Mrs Mary L. DuGan purchased
1854 Ingraham street northwest,
which is one Of the new houses
recently completed by Shannon and
Luchs on that street. This house
is a detached frame of colonial
type and contains eight rooms and
two baths, is thoroughly modern
in appointment and situated on a
lot 4Ox150 feet.
Mrs Ethel A. Fowler purchased
1855 Ingraham street, another of
this operation, which she is oc-
cupyinE as a home.
Harold G. Payne purchased 1918
Fifteenth street northwest, one OF
the six-room and bath brick houses
recently built by Shannon and
Luchs. Mr.. Payne is occupying the
premises.
James Mooney sold 725 Quincy
street northwest to Alex. Craw-
ford. This is a six-room and bath
house of brick construction and is
thoroughly modern.
l. r. Ratcliffe bought 900 East
Capitol street from George M.
Reed This property has been re-
modelled into three apartments.
with a smaller apartment which is
suitable for a doctors office. The
purchaser will occupy one of the
apartments.
The three-story brick house 1923
Eighth street northwest has been
transferred from r. Frank Wright
to John F. Recdcr. This property
contains nine rooms and bath.
Mrs. Rosa 2. Foley becomes the
The Washington herald., 1921-01-16
ALL MUST JOIN
HANDS To HELP :
new BUILDING
General Application of
Thrift Needed for
Sterilization.

1T is becoming continually more
apparent that private business in
dustry. augmented by practices or
thrift upon the part Of the public
will prove one Of the chief factors
in making possible active building
conditions during the 1921 season -
says a statement issued by s ".
Straus and Co.
Forces and agencies that have
built UP our great American cities
are still in existence and will aga.r
function normally as general con-
ditions reach normaIity At rrr
present time business seems 10 TOO
mendinE rapidly and a spirit ~
optimism is manifesting itself
Conditions are beginning to bri-hr-
en- up. As this improvement grows
II will be found that roawakcnfr-
OF building activities will come with
great force.
The people OF this country have
to a great extent settled down 10 IL
realization OF the fact that tr..-
must work. and save. and gprnd
with prudence. In short. they arr
finding that stabilized conditions
can be brought about only throurE
the general application Of tho prfr-
ciples OF thrift While everything
possible within the range or wis
dom and fairness should be done by
legislative bodies to stimulate build
ing. il must be borne in mind that
certain duties and csponslhIft5a-
rest upon private interests and Jh..
public in general
The need Of individual thrift ifs
especially brought out by the
building statistics OF the past year
which are just now being com
pleted. These show a great COM
parative loss in residential con-
struCtion and it is apparent that
an active era Of home constructlrr
Is essential. The actual amount .r
residential space contracted for .n
1920 was slightly more than ha-L az
much as the amount contracted Tnr
in 1919. New construction last year
was, according TO latest ayailahI,
statistics, 25 per cent less than ~
1919. One-third Of our buIIdlrl
activities in 1919 were devoted ru
residential buildings while the pro-
portion in 1920 was about ono-Gflh
OF the total"
The Washington herald., 1921-01-16

Expert Fixes
Fair Return
Z On Property

Calculation based on a parity
between the common stock in a
corporation and equity I'm real
estate, furnishes the basis for
the determination Of what con
stitutes n reasonable rent nc
cording 20 n booklet by w. Burke
Harmon, issued by the new bush
ness department of the American
Trust Company.
This pamphlet approaches the
subject from a new angle and as
sumes that the same basic laws
which determine the market VAL
ne of stock of corporations of
given yield must also determine
the reasonable yield on real es-
tate.
To form n conclusion, Mr.. Har-
mon has taken the stock Of n
number of standard Industrial
corporations and has examined
them with a view TO determining
what they must earn in order to
make their common stock saIable
at par under present money mar
ket conditions, and by direct
comparison he has reached n con
cIusiOn that Ills per cent net on
fair valuation constitutes n ren-
sonabIe rent on real estate.
The Washington herald., 1921-01-16
Presents Novel
Scheme To Build
New Homes Here

Plans for the relief Of the housing
shortage in Washington by the con-
struction of 100 homes in which the
purchaser is to help finance the con-
struction Of each house, were laid
before Senator Calder, chairman of
the Senate Reconstruction Commit
tee considering the housing situa-
ton last week by William Davis,
president Of the Realty Finance and
Investment Company of Washing
ton, located in the Evans Building.
The plan, as outlined by Mr.. Davis
to the Senate Committee chairman,
includes the erection of 100 homes
here during the spring and summer,
the first to be constructed at the
Park road entrance to Rock Creek
Park. The houses are to be seven
rooms and of the row type. The firm
controls the site at Klingle and
Park roads across to the park
proper.
''The financing of the project will
pc partially carried by the purchaser
nnder the plans with which we are
sorking, and the contract entered
ITO for the purchase of the prop
er-y," Mr.. Davis said. The pur-
eh ser makes an initial payment OF
81 90 when he selects the location
and house on which the corporation
pays eight per cent interest until
the house is delivered, when the
$1,000 Is regarded as the first pay
rnent.
'-The houses will be in the best
iocaiity of the city, only three
squares from the car line and but a
shorf distance from the center of
the city. We expect to sell the en-
tire project in a short time because
Of the great demand for houses ana
the easy payments required. The
cost Of carrying the property when
il is turned over to the purchaser
will be exceptionally low" Davis
said.
Cutler and Woodbridge are the
architects for the properties. One
feature explained by Mr. Davis is
that the purchaser can select the
nature Of the interior decorations
before the house is built, and any
possible changes in the plans will
be made to suit individual needs.
The Washington herald., 1921-01-16

plentiful, and will be seeking new
investment in a readjusted market.
This demand for securities of every
kind will tend to make them more
dear; that is, investment will net
the investor a smaller and smaller
return on his money in accordance
with how fast this liquidation con-
tinues. When this reaches such a
point that mortgages may compete
with other investments on the ba-
sis Of their return to the investor,
the funds necessary for new build
ing will begin to flow into these
channels, because fundamentally
this type of security is standard,
and familiar to the rank and file.
Another important force work
ing now to bring this about is the
very lack OF new enterprises it,
self The fact that this accumulat-
ing money is now beginning to seek
mortgages means that the great pro-
portion of money loaned on real
estate merely displaces other money
loaned thereon, thus releasing other
funds for the same purpose. Unless
the demand for new operations is
brisk enough to absorb this sur
plus as fast as II is released, the
only result Will De the gradual re-
duction Of interest rates. provided
it stays in this class OF security.
Funds LoosenInE Up.
But the attitude of large opera
tors will greatly govern this. The
gradual loosening Of funds which
Is taking place now, and which is
likely to increase as the year moves
on, will make possible new buildings,
and it is the general opinion that
many builders are only waiting for
sufficient evidence Of this tendency.
TT will be this condition. more
than any other, which will make
possible several large operations in
Washington which are ready to go
ahead when financing is available.
and by spring We may confidently
expect to see a revival OF the build
ing OF new houses and apartments
which are sorely needed. The only
remedy to the high rental problem
lies in the working out of these in
fiuences, and in Washington. as well
as in the rest OF the United States,
the tenants problem OF the high
cost OF living is dependent to a great
extent on how that same tenant
invests his surplus funds"