davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-03-03
New ~3.ooo,ooo Gas Issue.

". vi. Byllesby 4 Co, Inc, Hambleton
& Co. and the Federal Securities Cor
poration are Offering new convertible SC
cured z per cent. gold bonds OF the
Standard Gas and Electric Company.
dated March l. 192e. and due on March
I. 1897. for % and interest 70 Yield
more than 7.50 per cent. They are
calabIe az a whole or In part ~ any
time befor. its maturity M los and
interest on thirty days notice. The Is
sue. which is for S3,O0o.O0o. is closed
and the bankers are Offering the bonds
for delivery when. as and II issued and
received BY them.
The New York herald., 1922-03-03
AMERICAN SNUFF EARNINGS.

The American SNUFF Company reports
FOR 1921 net income after charges and
Federal taxes OF Ssh, $50. or s14.S1
a share earned on the common stock.
which compares with Si5.lS a share
earned In the preceding year. Pre-
ferred dividends totaled $237.16S and
common dividends s1,320.000. leaving a
surplus OF s254,512.
The New York herald., 1922-03-03
MCCALL EARNINGS VI.

The Mccall Corporation. after deduct
ing reserves for taxes and contingencies
amounting 70 sg0t.260 showed n profit
from operations for the year 1891 os
S5s6. .05l. as compared with st2o.Gle In
the year of, 1890. The crtiro Years
earnings were transferred % surpluA
bringing it up TO q total CT sT3g.9l4.
The New York herald., 1922-03-03
TO INSPECT MUSCLE SHOALS.
Members or House Military Com
m.t.ee to Make Trip.

WASHINGTON. March Members OF
the House Military Affairs Committee.
investigating various proposals for pri-
vate operation and lease OF the Govern
ment's properties. at Muscle Shoals. Ala.
decided today to make an inspection trip
to Muscle Shoals. Chairman Kahn ex-
planned that the House leaders would be
consulted and their views ascertained
before date for the proposed visit Is
determined.
The New York herald., 1922-03-03
TuscAnonA RUBBER FAILS.

DovEr. Ohio. March 2.--Tho Tusca-
rora Rubber Company, with capital
~ $1,000 900. was placed in recelvership
today by Common Pleas Judge w. a.
White. q. 3. Adams and Henry Krautz
were named by the court To care for the
interests OF the 1900 stockholders,
largely in Ohio and West Virginia.
The New York herald., 1922-03-03
Manitoba Asks Tenders.

wrNNrPEo, March For rCfunding
moneys. due In New York o. April /,
on an issue floated five years ago, the
Provincial Government Is calling for
tenders for S2.500. .0u0 bond ,ssue. Ed.
ward Brown. provincial tretsd~cr. an-
nounced to-day. Bids win os received
up 10 noon Wednesday, March !.
The New York herald., 1922-03-03
4. $. PROFIT SHARING GAINS.

The report OF the United Profit shar-
ing Corporation for 1921 shows net
profits before Federal taxes OF S266.s04
or 10 cents u share earned on the out
standing capital stock OF 70 cents par
valuc. This compares with II cents a
share earned In 1890.
The New York herald., 1922-03-03
\. o.. +. & VI. NET INCOME GAINS

The preliminary income statement Of
the New Orleans, Texas and Mexico
Railway Company for 1921 shows net
income of si.si3,267 after deductions *
taxes. rentels md Interest. or si30S n
ahure on the St5.ucb.S0o of its capital
..ock outstanding. The roads drel mt
income in 1890 was s73s,os9.
The New York herald., 1922-03-03
MONEY MARKET.

THURSDAY. MARCH ..
High. gh............... ~ Years high. q
-" ''-'''''.'.... : iieur Iow......... 3
TIME LOANS.
Mlxed collateral. 90 70 90 days 4Ean
Mixer collateral : 20 u onths ... aa.<,s
Ihdustrials, 90 20 90 days.......... 4NSis
IEdustrias. 20 months ....... 4a'glS
COMMERCIAL PAPER.
Best names, 4 TO q months.
Other names. 20 months ...,....... :
DISCOUNT RATES. RESERVE BANK.
| Commercial paper, siJ days, ~; 40 20 "a
| days, SIS. Liberty bonds and Victory notes.
" days. ~; 10 to 90 days, 5n: bankers
sccsptances. 10 70 no days. ~.
FIXED November 2. Previous rate. ),
| fixed September n.
0rEN MARKET RATES.
! Call loans and acceptances ..... 4isc.
Discount rates on prime bankerr' arcrut.
ances eligible for purchase by Federal Rs-
| terve banks:
Bid Ask. Bid. Asia
90 days az lI2o dsys..... IL
CLEARING HOUSE STATEMENT.
Clearing House exchanges, ssis. 100000.
balances, $50. 100; Federal Reserve credit
balances, s5s, 100000.
SILVER MARKET.
Official bar silver IN New York, domestic,
n9ss, unchanged; foreign, 53c., off Sc:
London. 32itd.. off I'D. Mexican dollars
Range n liver prizes 'his year:
Highest f0VcHt.
! .ondon ...... 35iid., Jan. 2 32isd., Feb. ~
New York.. 60sxc.., Jan. ~ 02sac., Feb. ~
The New York herald., 1922-03-03
AMEHICAN CHICLE LOSS.

The report or the American c.bic,.
Company for 1921 shows a net loss : =
ter expenses. taxes and Interest ~
l,S7S.ol5. In addition. an appraisal ~
inventories and other quick assets ~
the close of the year brought about tbe
writing of Of sS,G7s,s43 from surplus
account.
The New York herald., 1922-03-03
GLASS 1 RAILROADS
SHOW IMPROVEMENT
Operating Income &c Per
Cent. for January, Against
Deficit i'm 1921.

Reports of forty-six railroads for jan
uary Indicate that the net operating in
will be between SO. .oo. 900 and $s5, ooo, 900,
equivalent on the basis of seasonal dis
tribution of traffic to about 2.6 per cent.
return on the property valuation. This
would afford favorable comparison with
January. 1921. when the railroads failed
by about 100000 to cover their oper-
ating expenses and taxes, but would be
little more than half of the net oper-
atsng income of $59. GO ,6eS earned In Jan
uary. 1920.
The larger railroad companies whose
January statements were announced
yesterday included the following:
PENNSYLVANIA SYSTEM
The New York herald., 1922-03-03
FOREIGN MARKETS.

LONDON. March 2.-Prices of secur-
ities traded In to-day on the Stock Ex-
change moved irregularly. Gilt edged
Issues were stronger but oil shares were
quiet. and scarcely anything in British
industrial issues was done. Quotations
at the close OF the trading follow:
Bar silver. a2ssd an ounce.
Bar gold. p3s. 3D.
Money, 2& per cent.
Discount rates: Short bills. o., per cent. :
three months bllis, 3fs13ts pcr cent.
2is per cent consois, 5J%.
British per cent. war loan, n6ss.
British A.. per cent. war loan %.
De Beers, IL.
Rand Mines, 2.
The New York herald., 1922-03-03

growth-the volume Of sales In January
having Increased upward Of 20 per cent
over the corresponding month IN 1921.
with corresponding profits"
The New York herald., 1922-03-03
SWISS BANK CUTS RATES.

ZURICH. March 2.-The Swiss National
Banks discount rate will be reduced
from per cent. TO 3ia per cent. and its
interest rate from s per cent. to AZ per
cent, effective from March s.
The New York herald., 1922-03-03
BID AND ASKED QUOTATIONS
QUOTATIONS..

To the following prices accrued interest
s TO be added:
FOREIGN GOVERNMENT AND MUNICH
PAL BONDS.
The New York herald., 1922-03-03

PARIS. March 2.--priScs OF securities
traded in to-day In the Bourse were
heavy. Quotations at &c close or the
trading were as follows:
The New York herald., 1922-03-03

recently asked that the default be opened
and the verdict be set aside, but his
lawyers motion was sustained.
The New York herald., 1922-03-03
CLEARING HOUSE sTATEMENT
SILVER MARKET.

Clearing House exchanges, sstS, 100000:
balances, $50 10000; Federal Reserve credit
The New York herald., 1922-03-03

January gross. ....... $l,9:1 sos $1.7T4,SS1
Balance after taxes. 127.321 s210,612
Net operating income. 6S.976 1910, 458
Deficit.
The New York herald., 1922-03-03

THURSDAY. MARcI.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
Drilling Resumed
In Section 22-2-6

The Lone Star Gas Company has re-
sumed operations in its test on the Pau'
inc Butler farm. in the northeast OF
the southeast oft he northeast quarter
OF section %. 2s-6w. about one h'ie
west of production. and Is now driiilhg
II 2eO, feet This well was temporarily
abandoned about for months ago
Four star OIL and Gas Company
No. l on the Davidson farm in the
northwest corner of the southeast quar-
ter of section IL, Ss-Sw, three and one
half miles southeast OF production is
preparing to run the SIG inch casing
following failure OF the cement TO holu
out the water from above. Total dep'h
OF the hole is 2046 feet
Magnolia Petroleum Company's NO.
on the Carter farm, In the southwest
OF the northeast quarter OF section H.
es.7w, is setting the 10 inch casing
at 1900 feet.
Magnolia Petroleum Company Is
drilling ut 9sO5 feet in broken lime In
Its No. Oh the Peck farm, in the
center OF the northeast OF the north
east quarter Of section ~, 2s'Iw.
Lone star Gas Company II stu un'
dsrreaming the casing in its No l ON
the John Martin farm, In the southeast
or the northeast quarter Of section l.
as.6w. There is 800 feet OF oil In the
hole from the sand which has been top
ped at 3A35 feet.
Magnolia Petroleum Company's No.
oil the Na,y Farris farm In the north.
east OF lhe southeast quarter OF section
20, .s.sw. "a drilling in blue shale at
1900 feet.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
Sulphur Wildcat
MAY Resume Soon

Howard Bolan. of Tulsa. has taken
over the Stouffer. McCarty wildcat on
the Lowrance farm. IN the northwest
ot the nu.thwest OF the southeast QUAR-.
ter OF section is.ls.Se and expects 10
resume operations on the test during
tie estlv part OF this week. Total
doith Of the hole Is about 700 feet.
The gOlnch casing has been run 10
~ feet end the ibk incn pipe will be
ran as soon as work is started again.
M. Bolan states that the well will be
I"lled to 1000 feet II necessary. This
test was originally started last Janu.
ary. but The operators who inauguratcd
It net with financial difficulties which
delayed development. Location OF this
est is four miles southeast OF sulphur
- Murray county.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
TIP Robertson Well
Holding Up Output
Best Well in Garvin Field is
Swabbing $50 Barrels
From 1586-94 Sand.

Late reports from the Robertson field
of Garvin county state that the TIP
Coal and Oil Company's No. ! on the
Pierce farm. in the northwest corner
of the northeast of the northwest of
the southwest quarter of section ~,
1n-3w, is still swabb.ng more than $50
barrels from the sands which were
found at liS2-9Q feet and 1864 feet.
This is the best well yet brought in in
Garvin county. There is good eas pres
sure.
Midco Petroleum Company has aban-
doned its No. l on the Derdeyn farm,
in the northeast of the northeast of the
southwest quarter of section 20. 1n-3w.
which was drilled TO total depth OF
2166 feet with the rotary tools. Loca.
tion of this test was one-half of mile
south and west of production, the near.
est producer being the Sinclair Com
pany's No. Derdeyn in the northeast
of the northwest of the northeast quar-
ter of 20, 1n-3w.
Nelson Brothers test on the Newberry
| farm (Randolph lease) in the northeast
| COIIltI vi lilt lOiillWtSl VI lIlc SOulh"
east of the southwest quarter of sec
ton IA. 1n-3w, is dry at 1875 feet and
will plug back 10 a sand at 1345 feet
which is estimated will make a 90
barrel pumper The same operators are
drilling at 1920 feet in their No. 2 on
the Olin Jones farm, in the southeast
corner Of the southwest of the north
east OF the southwest quarter of section
IA. 1n-3w.
Magnolia Petroleum Company's No
Frank Fl. Harris, in the northwest
OF the southwest of the southwest quar-
ter Of section 16. ln-3w, is drilling at
2135 feet Same company's No. 3 on
the same lease in the southwest of the
northwest of the northwest quarter OF
section l6, ln-3w, is cemented at 1855
feet and is waiting on a star machine
Magnolia Petroleum Companys No.
1 on the Frank Harris farm, in sec
ton 16, 1n-Sw, old gasser deepened. is
making 100 barrels from the l640foot
sand.
Worley1 Camp Mays No on the wy
at farm, in the southeast of the south
west OF the northwest quarter of sec
ton l3, ln-3w. is spudding This is a
north offset to the big TIP well.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
Gypsy Completes
Big Fox Gas W"H

The GYPSY Oil Company's No
on the Garrett farm. in the south
west of the southwest OF the south
west quarter of section q, 2s-Sw'
Fox district, has been completed as
$4,000 900 foot gasser from sand
at 2239-70 feet The same com
pany's No. ON the same lease. is
running the 6 SIS inch casing with
the total depth OF the hole at 22s3
feet in brown shale. after drilling
through two sands at 22S5-44 feet
and 2256-7O feet which had slight
showings Of oil.
Gypsy Oil Company's No. on TIT
Pearce farm. in the northeast corner o
the northwest OF the northeast quarte
of section SS. 2s.3w, is drilling at 76'
feet.
GYPSY Oil Company's No. on thu
Johnson Mcclure farm. in the south
west corner OF the southeast OF III
southeast quarter Of section 2s, 2s'Sw
is drilling at 1855 feet.
Empire Gas and Fuel Company's No
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
Ringling Refinery
Resumes Operation

Inc Peoples Refining company is
renova,ins its plant near Ringing pre-.
paratory 10 resuming operations. with
Mr. Prlddy. of Ardmore. as manager.
Mr. Priddy was formerly auditor with
the Nyanza Refining compony at VII.
SON. The entire plant win be put into
Al condition and Il is expected that
IT Will be running within the next ten
days. II has been shut down for more
'han a year. The plant runs liealdton
crude.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
Important Tests
southeast OF Ringing

The 'enland Oil company is spud-
ding its test on the w d. Davis farm,
in the northwest of the northwest Of
the southwest quarter of section Cos
3w, three miles southeast of Ringing.
Drilling contract has been awarded to
the Striker Drilling company. Rotary
tools are being used.
Section 3l.is.iw
Colne Oi, companys No. on the
Ramsey farm (Heckethorn lease) in
the southwest Of the northwest OF the
southeast quarter of section 3l-4s-lw.
east of production in the Bayou district,
is setting the 5-S inch casing on a
shell at 1850 feet.
Section 20.6s.le
SturmGillam Ellis No 1 ON the
Pittman ranch In the southeast of
the northwest of the southwest
quarter Of section 20-6s.1e, Love
county six miles south of Amer
ada field production is at a depth
of POO feet in blue shale
Section 23-3s.3w
Operators of the Lester-Sturm.
| Phelan test on the Richard NJ. Les
ter farm. in the northeast corner
of the southeast quarter of section
23-3s-Sw, are laying gas and water
lines TO the location.
Northwest of Hewitt
Carter Oil company's No. l on the
Watchorn farm. in the center of the
northwest of the southeast OF the
northeast quarter OF section S-4s-2w,
one half of a mile northwest Of Hewitt
production, is drilling in shale at 1853
feet. carrying the Sh inch casing,
Section 10-4s.1w
Carter Oil companys No. / on the
Perry farm, in the northeast of the
northwest Of the southwest quarter
of section 10-4s1w, may recement fol
lowing failure of the first cementing tC
shut out the water, Total depth OF
the hole is 1893 feet.
Northeast of Hewitt.
Cole Marshall No. / on the Carre
farm, in the center OF the west line
of the northwest of the northwest quar-
ter of section 29-3s-lw. is shut dowr
on sand showing gas at 1902 feet
waiting on cables.
Section 23-2s.3w
Magnolia Petroleum company's No
/ on the La ham farm in the southeas
of the southeast of the southeast quar-
uhetr of section 23-2s-3w. is shut dowr
at 270 feet waiting on water
North Of Newport.
Magnolia Petroleum company is still
fishing in its test on the McCarty farm
in the southeast corner Of the north
east OF the northwest quarter OF sec
ton 26.3s-lw. north of Newport.
North Of Graham
Emplre-Hivic have resumed drilling
| in their No. / on the Dickerson farm
in the northwest of the southeast quar-
ter OF section 19-2s.2w, north of Ora
ham production, and are now. at
depth of 2615 feet in blue shale carry
ing the 3-16 inch casing.
Garvin County
Gilliland Oil company's wildcat on
the Lasater farm. in the northeast cor
ner of the northwest quarter OF section
2.2n.lw. Garvin county, has been alb
andoned at a total depth of 25i6 feet
and is pulling casing.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
Haskell Test Is
Drilling Deeper

The operators OF the Haskell ct
al test on the W. A. Clark farm, In
the center Of the southwest OF the
southeast OF the northwest quarter
OF section S5'4s2w, have completed
Il fishing job and changing OF lines
and are ready 10 resume drifting.
Total depth OF the hole is s.s3s
feet With thu drill IN v,c sand Whom
was topped at 9sO5 Feet. There Is
1000 feet OF oil In the hole and a
little saa showing.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

filled with feed one belonged 10
o. Richardson and one to Lee Parhs.
MIR. PARKS team, was killed by ligh
ming and he was on the wagon at tpe
time and was not even shocked. un'
III recently he was mail carrier be'
tween Wynnewood and Katie.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

IL on the Davis farm. in the southeast
corner Of the southeast quarter of sec
ton 81, 2s-3w, is drilling al 2175 feet
after passing through sand at 2l09-
2S feet which had "A showing of oil but
rot in sufficient quantity to warrant
completion at that depth. The well
will be drilled to the 2250.foot sand.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
STRASMECK ENLARGE
REPAIR DEPARTMENT

strsuuio,s's Jswelry Store has reov".
~ enlarged the repair department and
Elmer Rankin OF Chiclsasha has bcen
employed to assist in this department
The department will be IN charge Of
u. A. True, who has been in this work
eight years at tho same location. having
been with c. W. Hotchkins prior to
the purchasing OF tho establishment BY
Ar. strasfiak. both Mr.. True and Mr.
Rankin are expert watchmskers.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13
TWO RlRNES FIRED BN
LIGHTNING AT WNN<EWOOD

WYNNEWOOD. Okla - During the
rain sto.m at Wyneewood Monday ar-
ternoon two barns We're set afre by
lightning and destroyed. Both were
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

are suggested for cleaning the streets
Of New oYrk.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

Okiauia Oil company's wildcat on
the Paxton farm, in the southeast OF
the southwest of the northwest quarter
of section 25-3n-lw, is a rig. The op'
orators ore waiting on water.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

California Oil company's test on the
Cantwell farm. in the southwest OF
the northwest of the northwest quar-
ter of section sQ.2n-lw. is drilling In
brown snale at 24S5 feet.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

The sys OF tho eel becomes enlarged
during the mating aaAnca=
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-08-13

AS a strong bank. as the
oldest National Bank in the
state, we invite you to use
our strength.
The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1922-05-03
PERSHING URGES
STRONGER ARMY

Washington, April ga plea for
a national military policy which
would assure the checking of agrees
sion by foreign Powers in its incipi-
ency and avoid confusion, disorder
and extravaganza" when emergen-
cies arise was made today by Secre-
tary John w. Weeks and Gen. John
]. Pershing before a Senate COM
mittee in support of the War Depart
ment programme for an army of
1900 officers and 10000 enlisted
men.
The statements by the two army
heads concluded the public discus
sion of the annual army supply bill,
and the Appropriations Committee,
which has charge of it, will begin
Immediately to write the measure
with the prospect said to be for an
increase over the House figure Of
1900 officers and 5000 men.
General Pershing declared that
had the United States been adequate
ly prepared there is little question
that the United States, under strong
leadership, could have prevented the
World War altogether.
The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1922-05-03

tory of Fort Worth, and wind and
electrical storm, the food took
scores of people by surprise, and at
one time water was standing level
with the roofs of residences.
Word reaching here tonight from
points north of Fort Worth indicate
that a further rise of water is ex-
pected and that every effort was be-
ing made to prevent additional loss
of life and property.
With boiler rooms of the city
power and light company flooded
residential Fort Worth is spending
a night in darkness. No drinking
water has been available since early
morning.
From the tops of trees, roofs OF
houses and other places above. the
water, policemen, aided by boats
rescued hundreds of men, women
and children.
The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1922-05-03
POOLED TOBACCO
. MORE PROFITABLE
weed Sold BY Burnley Body Brings
20 Cents; NOn-signers Get IL

Goldsboro, N. c., April 22.-Bright
tobacco growers in ten Eastern
North Carolina counties, embarking
on their first big year of co-opera-
tive marketing as a part of the TIL
State association, including Virginia
and South Carolina, heard Judge
Robert w. Bingham, of Louisville,
tell how the group plan of selling
was working in Kentucky.
Judge Bingham related how TO-
600, 900 pounds sold through the as
ISOLATION brought an average OF 20
cents a pound and how the selling
cost was 40 cents per hundred, or
1.6 per cent. The price the growers
received outside the association, was
benefited by the association, which
controlled SIS per cent of the crop,
he said, but the tobacco outside the
association brought only an aver
age of IT cents, with minimum
warehouse charges of 80 cents.
About l2O,0O0,000 pounds OF the
1921 crop is being held by the asso-
citation to be processed and for a
better price, he said.
We started with $1,000 men,
bers and "a per cent of the crop"
said Judge Bingham, land this year
we have more than $4,000 members
and SO per cent of the crop" It is
no longer necessary to ask growers
to join, he said, but 1t is necessary
to have special men TO receive ap'
plicants.
Judge Bingham, referring to the
opposition of the town of Wilson
N. c.. to the growers organization
declared the townspeople had a right
to their opinion. He then compared
the situation there with that which
prevailed in Lexington until the
business men realized how the asso
citation would benefit other towns
around them at the expense OF bust
ness in Lexington. $50 Lexington
came in. all but one warehouse ans
one bank" he said. The six ware
houses that stayed out OF the asso
citation, Judge Bingham said, arr
now practically valueless. -