davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-07-13
OPERATORS TO CUT
TOTECO OIL OUTPUT
Triple Entente Agrees on
Means to Prolong Life
of Pool.

The Mexican Petroleum Company. the
Mexican Seaboard Oil Company and the
Mexican Gulf Company, known as the
triple entente" of the Mexican oil fields.
which are now operating in the Toteco
field under joint development and
operating agreement. have decided to
cut down the production from their
wells In that field to $4,000 barrels a
day, 1t was announced yesterday at the
offices Of the Mexican Petroleum Com
pany. This decision. 1t is understood.
was arrived at after a meeting OF rep
resentatives of the three companies had
been held and the intrusion recently of
salt water in the Toteco pool discussed.
The following statement was issued:
''In the interest of conservation and
In order to preserve and prolong the life
of the Toteco pool the three companies
interested. by mutual agreement. will
cut the combined production of the pool
to $4,000 barrels daily. and this may
be cut still lower If In the combined
judgment-of the companies this should
be desirable"
Announcement previously. had been
made that officials of the Mexican Sea-
board Company had instructed their
operators in the fields to cut production
down in that pool to $4,000 barrels q
day. Harris Hammond. president, in
letter to stockholders outlining the posi-
tion or the company as result of the
salt water intrusion. declares that ut is
our belief from past experience that
great quantities of oil will be taken from
Toteco by u.s." He added that the COM
pany has several million acres of lands
In reserve on which exploration work is
being conducted at several points in
undeveloped and unproven areas
The New York herald., 1922-07-13
Total. fa51 ,75s .oOO fa6s .sa5. GOO fsa7 I'd.
COAL AND RAIL STRIKES
REDUCE STEEL OUTPUT
Shutdown Faced BY Some
Blast Furnaces.

Ine steel industry has felt the effects
OF the coal strike more seriously during
the last week than at any other time
since II began. on April /, according TO
the weekly review of the industry. This
Is partly because Of the lessened produce
tion OF coal last week, but principally
because the railroad strike has added 10
the difficulties of the situation in pro-
ducing car shortage congestion.
Conditions are so acute with the Nor
folk and Western, the Louisville and
Nashville and the Chesapeake and Ohio
railroads. the Iron A ge declares, that
several pig iron producers are facing
niast furnace shutdowns. Coal ship
ments on the Chesapeake and Ohio have
been reduced by so per cent. In the last
Few days. The Steel Corporation is now
operating at slightly less than rs Der
cent. OF capacity, as against more than
"a per cent. In the two or three weeks
preceding. Some Independent steel com.
panies are doing nearly as well, but sew
erai VIII De forced to curtail production
II the situation Is not soon relieved"
The Iron Trade ReuSe,o says:
More anxiety over supplies IA being
manifested by both producers and con-
sumers OF iron and steel. This fs oc-
casioned primarily by low stocks ON
hand and by the congested condition OF
mills due to their heavy obligations.
making deliveries more and more IN
certain. To this has been added the
serious stage which the coal strike now
reached and the possibility of transpor-
tation delays due to the shipments walk
out Already embargoes have appeared
at several points. General production Is
not affected"
The New York herald., 1922-07-13
THE EQUITABLE
TRUST COMPANY
OF NEW YORK
$24, 900, 900 ADVANCES
ON COTTON APPROVED
War Finance Corporation
Aids in Orderly Marketing.

wAsHINoroN, July 12.-Approval OF
advances aggregatlng s24.0o0,ooo to
cotton growers associations to assist In
orderly marketing was announced to-
day by the War Finance Corporation. as
follows:
Arkansas Farmers Union Cotton
Growers Association, s1,00o,ooo; Ala
bama Farm Bureau Cotton Association,
$4,000. 900 South Carolina Cotton
Growers Association, 100000 and
North Carolina Cotton Growers Coop
erative Association, s10,000.00o.
The New York herald., 1922-07-13
LACKAWANNA STEEL
DEFICIT IS LOWER
June Quarters Loss After
Charges $172,880.
Now Issue

The quarterly report OF the Lacka
wanna Steel Company covering the
three months ended with June shows a
deficit of s479.972 in the preceding quar-
ter and with a deficit Of s9sS,l27 IN
the corresponding period of 1921. Net
earnings after taxes were S457,303,
against a net loss a year ago OF $751;
762.
For the first half Of the year there
was a deficit of s652.s52. compared
with a deficit Of s974.392 in the same
half of last year. Net earnings for
the period, before charges, were $685.
713 afainst s2S2.s33 and interest
charges, s52s.742. compared with s51S.-
929. Depreciation. &c, amounted to
s7S3,S23, compared with s73s,396.
The New York herald., 1922-07-13
CONFER ON SAVING OF ROAD.
Washington officials Discuss the
Troubles of Orient Line.

WASHINGTON, July 1.-THE affairs of
the Kansas City, Mexico and Orient
Railroad, In the hands OF a receiver and
on the verge OF suspending operations
owing to Inadequate earnings, was the
subject to-no OF conference be-
tween State and Federal authorities.
In the case of previous railroad
operation in similar difficulties. the
Missouri and North Arkansas, the Inter-
state Commerce Commission arranged to
allow 1t larger proportion OF Joint
revenues received for shipments moving
over other railroads as we'll as that of
the weak roads. In addition a Govern
ment loan was advanced.
The New York herald., 1922-07-13
PROFIT SHARING IN FORD ROAD
Application Made in Behalf o.
Detroit. Toledo and Ironton.

DETROIT July 12.--As soon as permits
sion can oe obtained from the State
Public Utilities Commission the profit
sharing plan by which Ford Motor
Company employees are permitted to
Invest part OF their wages In the COM
pany Will be extended to employees Of
the Detroit, Toledo and Ironton railroad
owned by Henry Ford.
II. @. Liebold. representing the Ford
interests appeared before the commits
sion at Lansing and asked to extend
the plan.
The New York herald., 1922-07-13
MONEY MARKET.


TIME LOANS.
Mixed collaterals, go TO 90 days.. 4 Q4N
Mixed coliaterals, 4 TO 9 months. 4h44h
Industrials 60 to 90 days. ........... Q4M
Industrials, 4 10 0 months. .......... skG4h
COMMERCIAL PAPER.
Best names 4 to months. ......... 04h
other names, 4 to O months. AZ
DISCOUNT RATE. RESERVE BANK.
Commercial paper, '15 days, 4: go TO
90 DAYS. 4; Liberty bonds and Victory notes,
IL days. 4; 10 70 90 days, =; bankers ac-
ceptances, Is to 90 days, 4. :.
'Fixed June 81. Previous rate. ~. fixed
November 2. 1921.
OPEN MARKET RATES.
~Caii loans and acceptances. .......,.... 3h
Discount rates on prime bankers accept
ances eligible for purchase by Federal Re-
Bid. Ask. Bid. Ask.
30 days. 3b 20 days.. 81
co days 81 100 days. 80. 3h
CLEARING HOUSE STATEMENT.
Clearing House exchanges. S123.eO0,OcO;
balances, seT, 500. 900: Federal Reserve credit
balances, S53, AGO. 900.
SILVER MARKET.
official bar silver In New York, domestic,
pgssc unchanged; foreign, roc. off NC;
London. 35ssd.. off I'D; Mexican doliarr.
Range OF Silver prices this year:
Icndon. .... 3T%d.. May % s2hd.. Feb. %
New York. -. I3%c.. May % 5s%c.. Feb es
The New York herald., 1922-07-13
ROYAL DUTCH DIVIDEND.

The Equitable Trust Company of New
York asa depositary OF the Royal Dutch
Company has received dividend equiv
alent to S2.065 on each american
share" The dividend will be distributed
on August 1, 1922. to holders OF record
at the close Of business JJIS 10, 1922.
The New York herald., 1922-07-13
DIVIDENDS.

Stock Of
Record. Payable
Cuba R Co, s-a, pf SO. July 20 Aug. 4
Cuba r X Co, s-a. pf. SO. July 20 Feb S.'23
Gillette Safety Razor Co,
stock, 5R ............... ...... ......
Gillette Safety Razor Co,
q. SO ...............s..... ,..... $500.
" Honduras Rosario
Ming. q, 2Jc...........,..Ju is July 20
Interstate Public Service
Co. cum prior lien, si.TS June 30 July IS
National Biscuit Co. pf.
a. sfT5 ......,..........Au Aug. II Aug. 81
National Biscuit Goa. si.T5 Sept. 30 Oct "a
Public Service Investment
20, a. pf. si.50..........July IS Aug.
Public Service Investment
Co, q, 81 July is Aug.
a, 81 Aug. IS Aug. 81
sterllnf Products co, q, T5c. July 1s Aur.
ROYAL putch. Y, t7.og5. July 10 Aug.
F w woolworth Co. q. s2..Aug. 10 Sept.
The New York herald., 1922-07-13
BRITAIN'S EXCESS OF
IMPORTS IS GROWING
June's Exports Smallest Thus
Far This Year.

LONDON, July 1.-The Board of Trade
reports British imports In June as
fS4,29S,000, exports f52.140,00 and re-
exports fS,720,000.
The New York herald., 1922-07-13

PARIS, July i2.-Prices improved on the
Bourse to-day. Quotations follow:
The New York herald., 1922-07-13
FOREIGN MARKETS.

LONDON. July IA better tone prevailed
on the Stock Exchange to-day. Quotations
follow:
Bar silver, s5ssd. an ounce.
Bar gold, 03s. an ounce.
Money. TX per cent.
Discount rates--Short bflis. 2f2x per cent. !;
three months bills. 2Ir92n per cont.
Two and half per cent. consols, %.
British s per cent. war loans, 100.
British 4t1 per cent. war loans. e6H.
De Beers, f0M.
Rand Mines, 2M.
The New York herald., 1922-07-13

The statement Of British trade in June
was unfavorable, even allowing for the
seasonal recession of exports at that
time OF the year. Exports were the
smallest for any month Of 1922, and the
import balance. derived by subtracting
the aggregate of exports and reexports
from imports. amounted to f23,430 900,
the heaviest reported this year.
The following table presents compari-
sens Tor the first six months Of 1922 and
each OF the two preceding years:
The New York herald., 1922-07-13
BID AND ASKED QUOTATIONS

N. Y. STOCK EXCHANGE QUOTATIONS.
To the following prices accrued interest
l. to be added:
FOREIGN GOVERNMENT AND MUNICH
PAL BONDS.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
TEN PLEAD GUILTY
In RECORD COURT
John Duncan is Sentenced To Serve
Six Months For AssauItina
Ferry Pass Girl.

Ten defendants appeared before
Judge G. Moreno Jones of the court of
record yesterday and entered pleas OF
guilt to the various charges that had
been entered against them, and one
that had already been found guilty,
was arraigned and sentenced.
This was John Duncan, who stopped
young girl residing near Ferry Pass
while she was going from q country
store 10 her home and beat and choked
her until she was unconscious and
then left her lying in the road. He
was convicted several days ago for as
sault and battery. and when arraigned
yesterday Judge Jones imposed a pen
atty of six months In the county jail
at hard labor for the offense. There
was no alternative sentence and Dun
can will be required to serve the time.
John Patrick, who was arrested last
Monday on a eapias from Solicitor
Fishers office. charging him with
breaking and entering a Palafox street
shoe shine parlor and taking away an
electric fan, pleaded guilty. Sentence
was deferred ard he was placed In Jail
to await arraignment
Fines Of $40 and costs were imposed
on Dave Salter, Wesley johnson, and
Annie Bell Stevenson for being drunk.
Ben AIcCullom and Eta Hicks $40 and
costs for committing a misdemeanor,
and John Creary got SIS for assault
and battery.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
CARNIVAL ASSN TO
GIVE JULY 4 PICNIC
Bids For Float Shed Will Be Received
Soon-PIanning Number OF
Entertainments.

At meeting Of the carnival asso-
citation held at the city hall yesterday
afternoon it was decided that the as
ISOLATION would sponsor a benefit pic
mic at Palmetto Beach July A, for the
purpose of raising funds to stage next
years event. The details Of the picnic
were not announced but the members
intimated that it would be an elabo-
rate event and something worth while.
Among the other matters Of bust
ness considered by the carnival asso-
citation was that of constructing the
float shed in which the disable parts OF
the floats after being .salvaged and
stored from year to year. The build
ing will be erected on CO. street near
Maxent Park, and will pc 26 by 125
feet.
Although nothing definite in the
way Of entertainments except the July
4th. picnic were brought up yesterday
it is understood that the carnival as
sociatiop is contemplating other feat
ures which will be put on between now
and the next Mardi Gras season.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
WILL NOT
CUT APPROPRIATION
Club Women Receive Permission To
Hold Canning Centre At PEN
saeoIa High School.

Members of the county federation Of
Women's Clubs, and special commit
tee from the Pensacola Woman's Club
appeared in a body at the meetings Of
the county commissioners and the
board of education yesterday morning.
to make protest against rumored cut
in the County Home Demonstration
work for Escambia
Before Commissioners.
There were present members of
practically every club which makes up
the county federation, Mrs. Bowersox,
president. heading the Escambia dele
cation. Pensacola women who were
present, were Mrs. ]. Walter Kehoe,
Mrs. r. Pope Reese and Miss Minnie
Kehoe
The commissioners stated that the
budget OF the county was not made up
until July, and that the county had
never contemplated cutting the APP
preparation of the Home Demonstra-
ton agent in any way. On the contra
~, the motion was unanimous that the
position be continued in the county,
and that the salary OF the agent be in
cluded in the next budget.
Before cehool Board.
The school board was less encour-
aging. The amount Of money which
has been appropriated for this work
heretofore is 100000. and the commit
tee asked that this amount be included
in the school budget. The committee
was courteously received but the mat
ter was laid over until another meet
ing.
decided triumph was won, how
ever, by the committee, in securing the
Domestic Science department OF the
Pensacola High School as canning
centre. Previously the committee had
been informed that owing to object
ions which had been raised, that the
canning centre could not be held at
the high school
A letter was read by the board to the
committee, in which Miss Helen Car
ter, head Of the Domestic Science de-
partment of the school, made a state
ment that she did not wish to appear
selfish, but thass she did not wish the
Domestic Science equipment used for
the canning centre.
Miss Carter based her objection to
the use Of the Domestic Science de-
partment of the high school on the
statement that the ladies who had
used the high school department last
year had misused the equipment and
not taken proper care of the rooms.
The only proviso made by the board
in granting the use of the canning
centre. was that the tables be covered
with wood
Mrs. j. Walter Kehoe, head Of the
Domestic Science department of the
federation, said last night that she
and all members of the committee felt
that they had a most successful day
as they had been assured by the coun-
ty commissioners that they would no:
cut the appropriation for the Home
Demonstration Agent, and had re-
ceived the permission of the school
board to use the Domestic Science de-
partment OF the high school, with
possibility Of the school board not cut
ting the $4,000 appropriation for the
agent-though that had not yet been
fully decided.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
FORESTER RETURNS
FROM INSPECTION
Says That Proposed Highway Will
Help To Popularixe Recrea-
tional Advantages.

After a two weeks tour OF inspection
over the Choctawatchee division Of the
Florida National Forest, Clinton G..
Smith washington. d. c. assistant
district forester of the seventh dis
trict. arrived back in the city yester-
day. He spent the day at the offices
Of Forest Supervisor w. F. hin. at
tending to incidental matters before
leaving for Washington today.
Among other things was favorably
Impressed with the recreational adj
vantages on the national forest" said
Mr.. Smith. The Forest Service is at
taching great deal of Importance to
this, and is making a special effort to
popularize the recreationaI resources
of all national forests. which extend
from Maine to Florida"
And Florida has many advantages
over other forests in this respect, said
Mr.. Smith. The forest in this state
have many unique features for both
summer and winter seasons, whereas
most OF those located to the north of
Florida are purely summer resorts
Mr.. Smith freely expressed himself
dS US4IlB 1uuCu pASdScu With the OPP
portunitiess for establishing pleasure
resorts in this section, particularly
along the shores OF Choctawhatchee
Bay. which is a part of the national
forest, where some OF the most pictur-
sesque scenery in western Florida can
be found.
Speaking Of the proposed yellow
River bridge and the road system that
is now being considered, Mr.. Smith
said that this roads will make very
large areas, well fitted for recreational
and other purposes, open to the out
side world The proposed road from
Holley to Camp Walton, thence to VAL
paraiso and Freeport will make COM
munication easier, and in many other
ways aid in the settling and building
up of hundreds Of acSes Of land now
in the rough.
ANOTHER INSPECTION HERE
Evidently the government is placing
considerable stress on the develop
ment of the National Forests to the
fullest extent and in every phase, for
hundreds of men who are college grad
yates and well versed in the work in
the field are being detailed to make in
vestigations to that end. w. r. Chap
line, also of Washington, D. c., and in
charge of the research work in graz
ing, arrived in Pensacola yesterday
and will leave this morning for the
national lands in the southern part Of
Okaloosa and Walton counties.
Mr.. Chapline is conducting personal
Investigations on the various forests
so as to determine basis upon which
to devise permanent working plans.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
''PAJAMA PARADE" IS
STAGED BY The ELKS
More Than a Hundred Candidates
Were Initiated by Lodge No. 4s7
Last Night.

Neither the blood curdling growls
of the angry tiger nor the proverbial
goat ride featured the big Elk pa
jana parade" last night. but neverthe-
less it was happy event. Happy for
those who already had been initiated
into the order, but evidently not so
mirth- provoking to the hundred or
more candidates who were led to their
doom"
Paiamas OF every kind, shade, color
and description were in the parade.
These We're worn by the members Of
Pensacola lodge, No. 497 while the
candidates brought up the rear, wear
ing everything from ordinary burlap
sacBs-adorned wiN flowers-to APP
parel of less transparency.
Headed by the band. the parade
started from the Elks' new club house
on East Garden street at o'clock,
went down Palafox street to Govern
ment, and then back to the club house,
where the real fun began.
BY an the public festivities the
"old heads" tried TO show the unfor-
tunates good time, so that they could
in later years reflect back to the
event and say that 1t was not all ter
rible. Hundreds OF people lined the
curbs and streets to witness the par
ade and torchfight demonstration
which went through without a hitch.
After the parade a luncheon for the
members and candidates was held at
the club rooms. and later the candi-
dates were carried into the lodge rooms
proper, where the initiation took place
The large elias of candidates was the
result of the membership drive re-
Gently put on by the local lodge of
Elks, and from every outside indica-
ton it was the biggest event Of its
kind that has ever been staged in PEN
.sacola.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24

If you tell your wants in the
classified column you are sure
of getting what you want.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
EIGHT


GilfilIan Scott is now fixing dates
for morning piano pupils when
the schools close. Terms, Two
Dollars per half-hour lesson.
Regular weekly lesson, FIVE dol
lars per month, not subject to
deductions for lessons missed.
At pupils residence or at studio,
30 West Romano Phone 2123
before IL a. m. to arrange inter
view.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
SMACK CAPTAIN BE TRIED
FOR BEATING FISHERMAN

Guido Zechin, snapper fisherman,
will go on trial in the federal court the
latter part Of this week on a charge OF
assaulting Giuseppe Costanzi, also a
deep sea fisherman, while at sea. It
is alleged that while master OF the
smack he beat Costanzi numerically.
knocking out three of his teeth. break
ing bis jawbone and otherwise sub
jecting him to rough treatment.
This happened while the boat was
about twenty miles at sea. it is alleged.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24

DR.. FELLOWS is OUT OF TOWN
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
OLD RESIDENT NEAR
DEATH

Il had not eaten food for 10 days
and was slowly starving TO death.
Given UP by five doctors. tried bot
tie of Mayr's wonderful Remedy.
which gave relief at once. am IS
years old and would have died but for
your wonderful medicine. The Jaun-
dice is all gone and am gaining ap-
petite and strength every day" 1t is
a simple, harmless preparation that
removes the catarrhal mucous from the
intestinal tract and allays the inflam-
nation which causes practically all
stomach, liver and intestinal ailments
including appendicitis. One dose will
convince or money refunded. For sale
by Crystal Pharmacy and druggists
everywhere.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24
CANDIDATES WILL
SPEAK AT KLONDIKE

At the Baptist church at KloRdike.
candidates viii meet on Saturday night
TO discuss the issues of the campaign.
and all candidates are invited to be pre-
sent to present their cause. and the peo-
pie OF Escambia county are extended a
cordial invitation TO attend.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-05-24

Hurry Motherl If baby has collie,
diarrhea, food souring, feverish breath,
coated tongue; Is restless and can't
sleep because OF clogged bowels. give a
half teaspoonful OF California Fig
Syrup. 1t moves the wind and gas
and all the souring food. bile and pois-
on right out Of the tender little bowels
without cramping or overacting and
baby usually gets peaceful relief. Con-
tains no narcotics or soothing drugs.
Millions of mothers depend upon
California Fig Syrup to keep baby's
bowels clean. sweet, and regular. Ask
your druggist for genuine California
Fig syrup which has full directions
for infants in arms and children of
all ages plainly pFipfed on bottle.
Motherl You must say California"
or you may get an imitation fig syrup.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-04-01

for law enforcement here. The resO-
luton, signed by President Joseph E.
Hit, follows:
''The board of governors of the Illi-
nois Athletic club, representing its
5000 members, stands firmly in sup
port of the ideals of honest organized
labor, and any action taken by US has
always in mind the support of these
ideals
However, the citizens of our com
munity find themselves facing a crisis.
one of the greatest in our history, and
brought about by organized crime
namely, the disre gard of laws by GER
tain persons sworn to uphold those
laws, by criminals in position of power
in various labor organizations, who
have served in a large measure to
bring about this condition of lawless-
ness through the intimidation and
corruption of public officials, of juries
and of witnesses before juries in vari-
Gus criminal cases of recent record.
ITO that end we wish to call the at