davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-06-10
Preparing for Railroad Hearing

The steering committee of the Asso-
citation Of Railway Executives met yes
terday and decided that when the Sen
ate Interstate Commerce Committee
hearings relative to the railroad situa
tion are resumed on June Ia E. w.
Whittier will complete the testimony of
the executives by filing number of
exhibits that have not yet been pre-
sented. He will be followed by Alfred
P. Thom, counsel for the association,
who will make resume of what has
already been said by the various wit
nesses. 1t is then expected that S.
Davies Warfeld will take the stand in
behalf of the holders Of railroad Sc
curities. Finally, the representatives
of the labor unions will appear.
New-York tribune., 1921-06-10
Initial Pacific Oil Dividend

The reason for the recent strength
in Pacific Oil shares was disclosed
yesterday when directors declared an
initial dividend of $3.50 a share. Al
though no statement was made regard
ing the period to which the dividend
applied, the present selling price of
the stock would indicate that it was
q semi-annual disbursement. The
closing sale yesterday was 35. In
some quarters, however, it was thought
that the stock was placed on Sc
annual basis, but in the absence of
official information this was pure con-
lecture. The Pacific Oil Company was
organized late in 1920 to take over
the California oil properties of the
Southern Pacific Company and the lat
ter's holdings in the Associated Oil
COMPANY
New-York tribune., 1921-06-10
WHY'S Overland

Between sixty and seventy banking
institutions are interested in the plan
that is being formulated for providing
for taking up the WHY'S Overland
Company's $21, 100000 of bank loans, it
was learned yesterday. While the
larger institutions have tentatively
agreed to the plan. some difficulty is
being encountered, it is understood, in
obtaining the assents of some of the
others. Details of the plan are being
Withheld, but it is limited by the bank
ers that an arrangement may be per-
fected whereby the banking creditors
will receive securities which they can
market at a later date when condi-
tions are more favorable,
New-York tribune., 1921-06-10
Report Ban on Brazilian Exchange

A cable received here yesterday by
the Banco Nacional Ultramarino from
its office at Rio de Janeiro stated
the Brazilian government had nut a
ban on all exchange transactions ex-
cept those covering actual collections.
This was said to be the result Of the
piling up in Brazilian ports of huge
stocks of American goods which are
awaiting payment. The purpose OF put
ting stop to open market dealings in
exchange is understood to be to sta
bilize the market so that payment for
these goods can be facilitated.
New-York tribune., 1921-06-10
Better Market in Acceptances

The lower range Of rates prevailing
in the call loan money market at the
moment has caused revival of activity
in the market for prime bankers ac-
ceptances, and dealers in these bills
reported the largest volume of business
yesterday in more than a week Cor
porations were among the heaviest
buyers and orders came from both local
and out of town interests.
New-York tribune., 1921-06-10
General Motors

Willis johnson has been appointed
vice-chairman of the appropriations
committee of the General Motors Cor
poration. 1t was announced yesterday
that he will handle all matters relating
to requests for capital expenditures
from various divisions and subsidi-
aries of the company.
New-York tribune., 1921-06-10
Boston Brokers in Court
Petition in Bankruptcy Against
HolIister. While & Co.

BOSTON, June "a creditors petit
tion in bankruptcy against Hollistcr,
White g. Co., bankers and brokers' of
this city, was filed to-day.
1t was alleged that the company was
lnsolvent, and had committed an act OF
bankruptcy in traseferring s66, 900
worth of property. The petitioning
creditors represent claims of about
S2 0nn
New-York tribune., 1921-06-10
Bank of England Statement

The proportion of the banks reserve
to liability this week is 1928 per cent;
last week it was l1.S3 per cent Rate
OF discount 61a per cent.
New-York tribune., 1921-06-10
Paris Market Heavy

PARIS, June 9.-Prices were heavy
on the Bourse to-day. Three per cent
rentes, 81 francs as centimes; ex-
change on London, 81 francs SO cen
times; per cent loan, so francs 10
centimes. The dollar was quoted at
New-York tribune., 1921-06-10
London Metal Market

LONDON, June 9. - Standard con-
per, spot e73 rs Cd; futures s73 15s.
Electrolytic, spot SIT; futures, s79
Tin, spot fl68 lis Cd; futures, el7o
It's cd. Lead, spot a23 rs Cd; futures,
SIS. 1incs spot &26 l6s: futures
New-York tribune., 1921-06-10

Bank Clearings = Bank clearings at
New York yesterday were: Exchanges,
Soo2,ooo,s41; balances, s55, ,19o,a93.
Silver London, 35d; New York.
domestic bar, s9Ac; foreign, 57asc:
Mexican dollars, 1850.
New-York tribune., 1921-06-10
Bank. of France Statement

PARIS, June 9.The weekly state
ment of the Bank of France shows the
following changes in francs:
New-York tribune., 1921-06-10

sr1s ,,spies 2 ,se $500 $500 426o
dollar) NO cents
Demand ss os .e -.
cables .,...'.4s.5o $3.50 as.oo 1915
THE AMERICAS
AHGGNTiNA nssol cpar 42.H cents paper
Demand .al.oo si.sqH 424s
BRaIff Ra2!es ;;,:.,ssa. ;... S1.12la $3.50 4255
D1tAHlI. tpar 3245 cents paper nIlreis,
Daniand ..,,,.1e.25 1925 * o.
pERf sp'es snar q es .l2.sIla t2,s71s 1858
Et19sng, Gh9s1ks ass $50 ATS
r'1nAnoh Gb tpar 1850 cents sucre)
.heeks ..,..,,, 1866 1856
LILLE tpar 36.5 cents peso)
IyRiieIsv' 49, IL, .s2is 1o,e2a .a1A
nnecks $3.50 s676
EN- ~, hHuELA fpar 1913 cents boliyar)
checks .,.,....I7.24 1888
Canadian Exchange-New York funds in
Montreal, i2Fa per cent premium: Mon
stesl ,t FUNDS In New York, io& per cent
New-York tribune., 1921-06-10
Money and Credit

Easier money conditions were re-
fected in a drop In the renewal rate
on call loans on the Stock Exchange
yesterday to 61a per cent, the lowest
since May "a. Later in the day the
rate. dropped to per cent on the
Stock Exchange, while outside loans
were reported made as low as per
cent just before the close.
New-York tribune., 1921-06-10
Southern Railway

Directors of the Southern Railway
met yesterday and again failed TO take
action on the semi-annual dividend Of
2h per cent on the preferred stock,
which is due to be paid on June 30.
The board met in May, when it also
failed to announce it's dividend policy
on the senior stock issue. At the con-
clusion Of yesterdays meeting no an
nouncement was made. The company
has maintained the regular 5 per cent
rate since 1918, but recently some of
its subsidiary lines have not made the
regular dividend payments.
New-York tribune., 1921-06-10

bills, 5}a per cent; three month bills,
5ss per cent.
New-York tribune., 1921-06-10
In Wall Street
Rising Yields on State Bonds

The offering of the new s51, 100000
OF New York State 5 per cent bonds
issue at prices yielding from 1925 to
470 shows how the yield basis of state
issues has been steadily rising IS
money rates have assembled. Back in
1900 New York State obligations were
selling in the market on about 2.65
per cent basis. By 1905 this had risen
to $50 per cent, in 1910 to 3.7s, in
1915 to 1896 per cent and early in 1920
to 4.10 per cent. Before the state an
nounced it would sell the latest issue
Of 5s the old issues were selling
around 4.40 per cent basis, but their
prices have since fallen until they are
currently yielding about 4.65 per cent.
New-York tribune., 1921-06-10
London Money Market


LONDON, June g.. Bar silver, s5d
an ounce; bar gold, 110s 4d; money.
New-York tribune., 1921-06-10
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

Copyright, 1891, Tribune 1nc.)
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
CHICAGO GRAIN N,RE,.r

y. IiiIAGe Feb. cs.-B!E recelp;- Al
tndhay ~ IN wheat market herr Rallies
;al.tG I" l"s' and tho close was weak ~
,'es,o r. - ~" II, iower; Win, March 1869 10
.sh"d unchanged IA nc !ow.. ana oatt
" :4ad" i" "a advance. Provisions
hsnis ~ HI w,hra, ~; made much 81.
""ri that arrival. n Kansas cry tod,y
s ','f.;, "a carn rms news ia oonn"e,ion
yn,,,.. h ,, LED 20 moderate sc;hark in
~ einrhhsAs. too. was placed on cor n
KIN, iha' wheat .a.ue- wetc excessively
hisH az 'o'nlarc! wiih al,nns; eynrv.
ihins "lse subsequently ina!ca,ipns nf
sNPa't business - the sea huard together
,mlih = r,xiEai Of green bug .hvIccs from
W" S"u' invest. l.d to sudden upiti-n
n, prices Ait.mp;s. however. which
,,,',:tei, .,,""" 70 !caii: demonstrated
su'iniacd buying power. Pricra .noycJ
a. e.aerit. tendency 10 sag In tho maj
hf'""n minutes 1880
IN nn.xpecied falling on In tn. v!sib,.
supply oi corn tended IL steady Tho IN.
h"f 10. corn aud bats. besides rural ar
'-finsr ni corn wcr. meag"t pruylslo, .
declined with hobs. but later scored ga ins
o".nE 70 apparent likelihood that az
rivals nf hogs wo;iIh diminish,
n Al
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
PROVISION MARKETS.
COFFEE

NEW YORK, Feb. 2s-The marke, Tor
coffee futures was lower today under scat
,crtng iiauitation and. trade selling. ac-
CONTAINED by inik Of lower Gru Offer
from Rio and Eictorn and proia bIy here
was some local selling promoted by weak
ness IN other markets. particularly cui
ton. The markc, "pcncI n, y decline 81
points net lower. with May declining ID
80 ann July 10 CID. The close was a
few points mp from tho lowest ON covering
hni showed u net loss Of Ia 10 10 point
for tn: day. March. 6.ti: Nav. d. IL: J,,iy
49,; sent,c m q: October 7s5: De
spot coffee. quiet: Rio -. s..mss.. san
los vs., eGMp Cost and freight offers
Rio Is at go 10 go American credits
hicI9rih as and s. were offered at So
TO Old american credits.
fhc Official cables reported nm nIyanc.
Of p refs in the Rio market Win snn,o.
an pa,sos6 ~ =, ,eH rsis higher. No change
nnin p9 sd receipts. i:.1S: Jundinhy 70.
the United States. - '"''"'' o'hs '"'
SUGAR
fos E rs,, fohh. Fob a..The local market
. o my sales reported were ZOO tons Of
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
rnrInN MARKETS

NEW YORK. Fnn 2s-Tht cotton ,uar-
<si rlnw@d con'..nu"a wc'kn"Ss i"day.
~" r"n:on, with March ~7rins "m -
1875 aud Nay 10 ILL.,. THE close xa-
barely Si"aJr. and iy.tntn IA ,ew pniut~
~ The lowest showing = net drci!'vn ~
Tho marisi opcund easy =, !. decline
az i 4" = Iuin!. owing 70 the lower
lt'N"rnncl ""h,"s Snd r"ports % continued
trsnc d"prrsl"n IN I41ncHshI"" Houses
with i.Mcrnnol. connections wcrc hr.vy
seller, "hiir there was ri>p "rfiV" -.il-
;Hs hy brokers who had been among Tho
week. aud hrfnr" the Innrltet showed nny
rally ~ Importance. active months had
shown not losses az ;, 20 70 prini4 Th.r"
Was 9 good i-a. ~ covering ~ this
points from tho iowrst. i.u otherwise tn"
market seemed to Ac wli hou, support and
rrit"s Turned very weak aGaln during ~ (
afternoon. .Iuly contracts sold on to l.G5
net losses or T., to ~ points late in tho
afternoon. while later deliveries wer,.
even weaker, selling ~ 10 !on points below
Saturday- closing haures May contracts
~ ll2a showed decline OF ~ points
from the high price touched on tho rail"
~ last month. white March contracts at
ner pound. as comJarcd with the h!Eh-";
uthern selling here was not as active
as the selling hy Iiverr"ol and recent
encourage tn. talk Of Increased spot prcs
sure before the new crop 4, pia MED ava
tnrai broEcrs r"ror,od q fai'ina or In tho
rnsniisfact'ry conditions In The goods
trade. One ~ III. private cables re-
1"NcH IRON i.:kc:r06i said the market
mere war " q dcmora!ized condition.
to-. ESnnrts for the dag were IS -,
making TIT p}3 =" far this season Port
receipts s-sw Y. $. nor, stocks, I.SoS. $50,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
REQUEST OF RAILROAD FOR
BOND ISSUE Is TURNED DOWN
interstate Commerce. Commixsion
However. Grants T.. II. Is q. Co. x
Permission for Stock DiYi,Icnd. {

WASHINGTON. Fob 2s.--The InterH
state Commerce Commission refused;
inday to permit the Chicago. Burling- s.
ton and Quincy Railroad Company ,ol
issue q bond dividend of $1,000, 900, toa
he thed in retiring par. of S215,0Oo 600
ot boEds issued to finance the pure
chase Of 81 per cent OF the roads
stock by the Great Northern and
Northern Pacific Railroad Companies
the commission. however, did grant
the company permission to Issue Il
stock dividend Of S6O,O0o.0oo to.
capitalize part OF its property paid
TO out OF surplus earnings. III
IL denying the application for am
thority 10 Issue tho bonds. the COM
| mission said .hc issue would matcri-.
al3 Increase the company's interest,".
burden without apparent necessity and
that "thc more adaptable form OF
| mortgage which the applicant desires
cIn be- provided without the issuance'
81 a bond dividend" SF
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
PEAK OF HIGH PRICES
PASSED, SAYS BRIT0N
Says Price Movements viii tluctu-
ate ON Lower Level Than Ia
rcricnccd i'm 1920.
IMPORT TRADE vEnS
Industry as IL Whole Settles Down
to the Work Of iscconst ructiun.
willing To Perform Great Task.
Before Them.
hS fiiE: RT. HON. q. 4. MCiRDY
british Food Controller

LONDON fcb. "N.-rho peak -
Nigh prices has now been passed. and
on ~" whole price movements this
year VIII 'luc,uatc on "a lower level
man We cNpcrlrnccI In 1920.
IN" pcopl" of Great britain. think.
"t6stEve some word OF recognition. II
not o. praise. TO- the PROGRESS which
mas been made n this country toward
restoration - cpm,nerc!al prosperity
IN tn" sho-, two years ;hnt have
elapsed sine" the aruistice
fhcrc has been !, great recovery III
1 ni!T export sradg: Industry has on
the whole settled down steadily to
the work OF reconstruction. and
though thcr. are svca; tasks sill! -
be performed. great problems still To
he solved. there ~ no reason vhy IS.
should look exclusively ut the trou-
pies that stan lie before ~. ana not
Tor moncn; look back with Il sense
Of gratitude At what has been accom-
p.ishci IN the airs; two Yeas o.
peace.
II our friends and nciShbo-s on the
Continent had made rs much progress
aS ourselves. there would lac very II; :
We. II any. unemployment in England
this winter.
The price which tie British house
wife viii he called upon to pay in
1871 for many commodities viii de-
nend in part. OF course. upon the CON
tinued progress of our own pcppl. in
increasing production and making
good. the %astag. of war. but Ii viii
depend sim NOR" upon factors over
when, tn" British government and the
! british people have little coutroI-thc
restoration az Industry, and the re-
establishment, OF peaceful conditions
~ Central and Eastern Europe.
Half Of Europe Sick.
We shall he forced in the course OF
the year by hard experience To rc1og-
niZc the fac, thht so long AZ half Eu-
rop. i sick The othrr hall = not
going 10 enjoy yer! robust health.
So long as the state OF III. on
changes. lack OF credit or political in
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
Will ATTACK VALIDITY OF
TRANSPORTATION ACT
Constructions Placed an RIiI -. In
trr.iatc Commerce. Commission
tan'rs Action b. 81 states.
iEy Nssociated prrss.


WASHINGTON. Fob. as.--Thc val
City ~ tho transportation act rs
construed rs I'll. Intcrstat. Com
mere" Commission 10 give /, final Az
hn~i;y oy", STATE railroad rates wna
itnrktd ;"day ia Tho Supreu" .'our;
~ fprty-iwr States
The suit the ar-t 81 several similar
rncs expected 10 reach the hi2hcs,
DWrt WAS n!cd Us ia" s;tatc az Wis
rchsiu hut the Attorney GENERAL and
Rn.lroad and Public ttil!,y Commits
Ion .. forty-on" other States were
permitted TO become parties 10 IL,
Tho only action IN tho case judn 3,
was tho nliEg Of brief by ia.
States representatives. but ora
argument may be heard some tim.
this week.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01

CHICAGO. Fob. :S.-Cattl": rnceIp:s rs
go: beef steers strong TO 2,r higher: ION
l:'': bulk. s.Son lo,Gr butcher she stock
&c higher: spots up moro: choice coo.
pound hotftrs, i0.01; hulk rat cow, and
hcifers, '.ioMi.Ts: cauners and cutters
scarce: largely S.n06tt0o: bulk strong Ia
&c higher: bulk. S.25I52S: calves steady,
vca..ers mostly il.0omie.o): siockors and
feeders. strong TO 2ac higher.
Hogs: receipts. $3.50; orcncd L, to Is,
lower. closed active. with part OF earIy
loss: medium and heavyweight, rcga imed:
TOP; l1.Go; bulk 2pi pounds down. 1875 a.
pigs. steady Ia lac: lower: bulk desirable
s, to I2f-pound pigs. 9.1SQi000
orally steady: fat ycarlinas and sheen
steady to strlng: lambs. top. 100: nhorn
lambs. top. hno: bulk fat lambs 10 sosi
lleO: yearlinBs. top. $50: wether. top
100; ewes. top. CD: bulk fut owes G01I
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
SUPREME COURT DISMlSSES
NORTH CAROLINA APPEAL S
Holds ihst Certain Concerns should
he Coupled la bankruptcy Pro-
"crdinas-Thrown ont.
lHy Associated Press. !

WASHINGTON. Feb. 2S.-rh" Su-
prem" Court today dismissed for wan,
of jurird! zion appeals from decisions
q: North Carolina courts holding that
the H'autuCga and Sailsin Railroa,.
Compuu? snnuld hc coupled WIKI the
iranlin Lumber Company in bank
ruptry brought by stockholders Of
The Inter corporation.
The Stockholders in the lumber
company winch Was alleged 10 be un-
able IL meet its obligations. claimed
that the railroad, ne a legal party 10
the suit because Of a trust agreement:
whereby il had deposited large
number OF it's bonds 10 guarantee pa
per Of the other concern.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
VESSELS CAN BE LIBELED,
RULES SUPREME COURT
Inrindrs Roth ships of Friendly
stnir nnd Thnsc in American

| iiy .NssocLaleA rrcss J

WASnIN,iroN. Feb. 2S.--Merchan'
vessels which arc the property OF Il
.-icudiy state or in its. own services
can be- liDrlrd il American courts. the
supreme Court ruled today.
Ihe opinion Of the court was given
j tho cases Of the Italian ships Pcshro
and Carlo Roma. which had been
iibcicd by shippers For damages re-
sultinS from losses TO carGoes De-
crscs of the d'.,,rict court a, New
York dismisisine the libel attach
mcnt were ovcrrulcd.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
.nirm> Lower Court. Decree.

WASHINGTON. Feb. 2S.-rhc Su-
premc Court today affirmed decre"s
Of lower courts. refusing the Lower
Vein Coal Company an injunction re-
straiaing the industrial board OF In
diana from enforcing the cora pu!sory
features Of the State workmcn's COM
pcnsatior act
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
Cn,,nn nruIscr. i,nnkrup,.

MEMPHIS. TENN. Feb. 2s.-r. ".
Hr"aer \ Co. brokers III cotton seed
products. fled voluntary petition In
bankruptcy in Federal District Cour'
here today. Liabilities totaIiug $685.
e3S.Si were listed. and assets given
- soS6.571o3.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
unndit. Get s,2,,oo !, o,.,,hon,,

PIEDMONT. OKLA. Feb. 2S.-Thrce.
unmaSkcd men entered the First State
tank here late today robbing the
girl cashier. Jessie Wadcscheck. who
was alone in the bank OF $4,000 IN,
cash and $4,000 in Liberty bonds and
making their escape in an automo-i
liln
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
Goyc-mn,cnt stm,lrn rroIllcm.

Tie Eritish government IL anw xiv
NIX tn" most careful consideration to
IA" problem of how We can assist our
foreign friends and allies. ana all our
customers on the Continent OF f.u-
rope. u yet back into normal bust
ness IN the course OF the year which
Hes before us. The governments OF
Europe are all making tremendous
cnorts in the same direction.
NicMing Europe as u whole from
inat the year opens with definite
SlGns Of Improvement. and 1871
shouid sec further definite advance,
on the par; OF ourselves ana our
nciGhborS towards happy and pros-
porous days.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01

wh'le IN market nctei n moro normal
10y ihan for -"yerai -'a-ons pas. uniy
T. wcskcn aca!n wnen lHui.- ;iDn IN.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
Ins Universal sc-vicc.!

i...rt '-aavcinnnt:
Sew York ~Middlins. 1I.cs: receipts. es..
stock leS.>S.
Minor ports-Hcccrts. 5.7ea: exports. g.
l.3' stnrk, 2.iin
Total tnhav-Rcccipts. -. i3s: EXPORTS
1876 stock. 1861.
Total for week-R Receipts. 1891; exports
scGI7.
Total hr mason--R cccipts As2i.ei.; OK
norris 33st,9GI
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01

oSbSN Fen. :. Bar Sf"c- nd no
ounce money. - per cent Discount rates.
sni.,Ei hl.,+ ler cent: th-cc-sunn:h bills,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
The 2ZAESDkSPA TCfrS RECORD OF FINANCIAL NEWS

which comes In from North America
because the Amcricun exchange is
now adverse to Great Britain.
Md whore the fluctuations OF the
exchanges have been in tho opposite
direction and are said to he favor
able to Great Britain. the actual cf-
feet is just as disastrous 10 the re-
sumption Of normal trade relations.
the, main reason why the cx-
changes ~ between the old World
and the New mr.. sttll 40 unfavorable
10 Europe is TIE fact that Europe,
IS whole, has not Yet got back to
any, hing Xix" IT. prc-war rate OF
production
Apart altogether from the troubled
stat" or affairs which still prevails In
Russia. the rest OF Europe IS not set;
the foodstuns which this continent
was p~cducIng before the war Tn
~ Europe produces more, Europ.
cannot buy more. 1t ia oniy by pro-
the means TO pay fov <orc.gn com
one-,hrd 81 our manufactured
goods Ven; 20 Europe before the war.
great part Of our normal European
trade. but until Europe RECEIVERS Wa
lu@Ai also be hampcrcd in other mar
kciS uf Ia. world
Australia cannot buy goods from, ~
unless she can scll her wool to Eu-
rope: the purchasing power OF india
= iniuri""Sl " affected 10y THE fact that
sue i no longer ahl. 10 sell fi00.-
Year as she was doing before the
The tirs. ;wc years uf peace have
been. on the. "holc. years OF steady
financial recovery ana restoration OF
pea al industry iii this country
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
RICHMOND GItNiN MARKEr.

Whuic~aIs Quotation an Exchange.
iichnond. VA. F.b .s. 1871
WHEAT
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-01
RICHMOND LIVE STOCK MARKET.
Rtchmnnd Union stock Yards

RcmarkJ: Fair run Of cattle. Market
active and prices strong: quarter higher
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-04-04
Oil Market Quotations
GYPSY OIL COMPANY HAS
NINE OFFSETS TO DRILL

Activity in the Lomore field Is rap
idly progressing. As an example 1t is
well TO note that the Lomore Oil Com
pany brought in its Rector No / dur
ing Christmas week in December, 1920,
giving the Gypsy Oil Company an off
set on the Doak la1s1 in section 6, 2s-4w
on the west. Since that time the Carter
on Company has drilled an offset 10
the Gypsy company on the Doak lease,
the Craig OIL Company has given the
GYPSY people an offset the Huntley
Syndicate has completed two wells, and
is drilling a third all three otfsettng
the Gypsy company lease; the Barlow
on Company Is drilling an offset 10
the Craig we'll ami have made . loca-
ton offsetting the Huntley Syndicate.
giving the GYPSY company Two more
offsets. Thus, the Gypsy oil company
has nine offsets in sight TO drill on one
l00-acre lease and all occurring since
December 1920.
when the fact is considered that the
Gvpsy company in drilling in its first
offset on the Doak lands, developed a
new sand, It is very evident that il may
cause the drilling of twin wells.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-04-04
SANTA EE, NEW OIL TOWN.
Is PROGRESSING RAPIDLY

The new oil town OF santa Fe, located
IN the vicinity OF the Lomore oil dis
tr.ct. is fast booming. according TO re-
ports from tha territory. \ bank is
now moving in and contract Is sai1
10 have been consummated Tor the cree
ton OF a sA-roOm hote. The property
owners OF the town have formed syn.
Glcate Tor The drilling Of a water well.
Mat,rra,s valued at 5000 are under
way for the construction Of an ice plant.
\ moving picture establishment Is
now Operating In the town. 4 postotlice
is 10 be established there this week.
The proposed hotel will be loca'e1 on
the Myrtle illlarl allotmeat in the
northeast corner OF section ., 2s-Sw.