davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-03-03
FOREIGN EXCHANGE

New York, March 2.-Foreirr ex- change heavy. Great Britain. de-
 mand Al S cables, 4.42: 6O-day bills on banks, 4.SSss. France. demand 9Jo; cables a10h. Italy. demand a-so cables 5.S0 h Belgium. demand s.el # cables S.62. Germany de inand 41 cables ills, Holland. de lnand ss.s2; cables SS.25. Norway aemand lI2S, Sweden, demand zo.4O. Denmark. demand 31r5 Switzerland, demand 1857. Spain da- mand 1900 Greece. demand So Poland, demand .02 Czecho- -Sloval,Ia
 demand 1.7o. Argentine, demand d.2o. Brazil, demand 1887. Mon
The Birmingham age-herald., 1922-03-03
COTTONSEED OIL Ry AssOciated Press

oil was sharply higher on persistent demand from refiners and active GOV ering of shorts. The outstanding bullish factor is the inability to se- cure crude oil. Closing bids were IA to 24 points net higher Sales, 21,- 300 barrels. Tenders, 400 barrels; prime crude. 1925 sales and bid . prime summer yellow spot, nominal :, May, 11,9lc; July, 12.1oc; September. 12.31c, all bid
The Birmingham age-herald., 1922-03-03
DRY GOODS MARKET

New York, March 2.-Cotton goods were quiet in the gray goods division with print cloths in wide construc- tions showing an easier tendency. Narrow goods hold steady. Sheetings are firmer than print cloths while fine goods are slow Wool goods arc quiet and are being influenced large ly by the prospects for an early set clement of labor difficulties new in conference stage. Silks rule very quiet, save on some of the Higher priced staples, fancies and special ties Raw silk is easier Linen prices have been reduced in some lines in primary markets
The Birmingham age-herald., 1922-03-03
SIoss-S Sheffield
 Passed Quarterly
 DiUidend Yesterday
By Associated Press

New York, March 2.-The Sloss- sheffield steel and Iron company to- day passed it's quarterly dividend of 154 per cent preferred stock. statement by the directors said it was deemed advisable to conserve it's cash resources in view of existing conditions in the pig iron market.
 Washington, March 2.-Ratifica- lions of the treaty between the United states and Colombia whereby the American government pays Co., Iombia S25,OOO,OO0 compensation for the loss of Panama, were ex- changed yesterday in BogOta, ac- cordIng to advices received today by the Colombian legation.
 Washington, March 2.--An increase of more than S8O,OO0,O0O in the public debt during February was announced today by the treasury.
 New York. March 2.--Another brokerage house went to the wall to- day when it was announced from the rOstrum of the Consolidated stock Exchange that the firm of Scott & stump had been suspended.
 An involuntary petition in bank ruptcy was later filed against the firm. Liabilities were estimated at S3OO,OOO and assets at S1j0,OOO.
 London. March 2.-Sir Robert Horne, chancellor of the exchequers told duestiOner in the house of commons this afternoon that approx- imately f1O.OOO.0OO sterling would be saved on estimates for the fOrthcOm- ing financial year consequence to the decisions reached at the WaSh- inEtOn conference.
 New York, March 2.--Ten more persons were indicted today by the grand jury on charges of buelSetings growing out of District Attorney Bnnton's investigation of brOkerage hnuSRS.
The Birmingham age-herald., 1922-03-03
EAST ST. LOUIS LIVE STOCK By ASSOciafed Press
BANK OF FRANCE By Associated Press

Paris, March 2.-The weekly state ment of the Bank of France shows the following changes: Gold in hand in- creased 149,000 francs. Silver in hand increased 154. 900 francs. Notes in circulation increased 107.S91, 900 francs. Treasury deposits increased 12,1S3,00o francs. General deposits increased 249. .43s.o0o francs. Bills dis counted increased 4S5,962.0 900 francs Advances increased 6,42S.000 francs The state repaid 100000 francs to the bank
The Birmingham age-herald., 1922-03-03
--s+--7------------- Oil Production Is
 Steadily Increasing
By Associated Press

New York, March 2.-An increase of 400 barrels in the estimated daily average of crude oil production. of the United States for the week ended February 25. is shown in the weekly summary of the American Petroleum Institute. The total daily average production was 1,41G,450 barrels. Tine largest increase shown for a maJor district jwas that of about 1000 bar rels daily in Oklahoma. Other dis trct changes were comparativel y slightf Production of the Mexia, Tex, field ran about 1S5,5o0 barrels daily. showing slight increase. Haynesville, north Louisiana. pro duction reached Il, POO barrels daily, a small gain.
 There were no changes in crude oil prices of the major districts dur ing the past week. Mid-continen: crude is quoted at s2 barrel; Penn sylvania crude at $S.25 a barrel and Gulf coast crude at SIPS barrel.
The Birmingham age-herald., 1922-03-03
INFERIOR MOVEMENT
By Associated Press

By
 Houston: Receipts, 5,253; ship ments 6,SS3; stock. 275,966
 Memphis; Middling, IT. soc; re- ceipts, 1885; shipments, 2,455; sales. 900; stock, 209,S30.
 Augusta. Middlng, 173Sc; re- ceipts, 1908; shipments, zoos; sales. SS; stock, 12S.05S.
 St. Louis: Mddling. 17.5Oc; ship ments. 1913. stock, 2S,974.
 Atlanta; Middling, 17,75c. Little Rock: Middlin.g 17c; re- ceipts, sl shipments. 1887; sales 400: stock 62,263
 Dallas; Middling. 17.2Oc; sales 1,173.
 Montgomery: Middling, 16 SSc; sales, 1SS.
 Total today; Receipts. 1o,245; shipments. 15,206; stock, 7o5.091.
The Birmingham age-herald., 1922-03-03

Liverpool, March 2.-Cotton, spot in limited demand, prices steady. Good middling. l0.f2d: fully middling lO.l7d; middling, 9.S7d; low middling s.o2d; good ordinary, S.22d ordinary. 172d. Sales. 6,000 bales. including 4.300 American; receipts II oOo baIes including 2,900 American. Futures closed very steady. March. 9.99d. May, 9.94d July 99Sd: October e.64d; December, 9.50d: January. 44d
The Birmingham age-herald., 1922-03-03
RICE MARKET

New Orleans, March 2.-Rough rice strong; no sales, receipts. 9.Oz0 sacks; millers receipts same.
 Clean rice strong; sales reported. 4,2o5 pockets blue rose at 4lk@44.c: ies pockets early prolific at 4k @ 41ac 556 pockets screenings at eH receipts, 1,513 pockets. Bran ana Polish unchanged.
The Birmingham age-herald., 1922-03-03
M0NEl MARKET

New York. March Call money easier high Fl Der cent. low per cent; ruling rate, Ia ger cent: clos lpg bid Sia per cent; offered at per cent, last loan. per cent; call loans against aeeeptances, 41a per cent: time loans firm: 6O-days. 3, a per cent; s0-days. 4% a5 per cent. months. f& ca per cent. Prime mercantile paper. 494 @5 per cent.
The Birmingham age-herald., 1922-03-03
Hubbard Bros. & Co.

Members New York Cotton Exchange, Nes Orleans Cotton Exchange, New York Pro. duce Exchange. Associated Members Liverpool Cotton Association. Orders so. licited for the purchase and ale of Cotton and Cotton Seed Oil for future delivery Special attention and liberal terms given for consignment of spot cotton for de- livery.
The Birmingham age-herald., 1922-03-03
ACTIVE AUBURN CAMPAIGN

Troy, Marcn 1.-tSpeclai. j--The campaign committee for the Great er Auburn" drive has been named in Pike county and will use every ef- forty to advance the interest of the driva here. The committee is as follows: John w. Bowers. chairman: Mrs. U NJ. Sanders, vice chairman; Mrs. iBettie Boyd. chairman of wom- ans committee; Dr. J. E. Threadgill. chairman of speakers committee; $. H. Elan, chairman of publicity.
The Birmingham age-herald., 1922-03-03
NEW YORK BONDS


 k. S. 2s, registered, bid ........., 10S 54 l.. H zs. coupon, bid ,......4...-.. l04 ]. l.. <. Is, registered, bid .........5. iua.s L. s. As, eoupon oid ...........=..= l0o 4 Panama 3s registered, bid ,,...... 1g Panama Ss coupon. bId .......... 7g American Smelt. & Rel. 5s ..... Ss b Amer. Tel & Tel cv. 6s ...... 1l2It Aiehison gen Is ..............,.s STA Atlantic Coast Line list As ......... STA Baltimore X ohio cv. las ....... 1714 Bethlehem Steel ret bs ......i...... g2l. Central et Georgia Consol. 5s, bid . g4 Central Leather 5s ,.............Hs. g5t2 Chesapeake x Ohio cv. 5s ...-.... S6As Chicago, Mil. & St r. cv f5zs - 64ia Chicago, k. l. & Pac. Ky. ref. 4s . 7Sss Colorado X Southern rel. 4las ~ ST Denver 6 Rio Grande consol. As - 74ss Dominion of Canada 5s U9SD ..... 97
 Erie gen. Is ................. 44tb Illinois Central ref. Is ......... S4ss Int. Mer. Marine 6s ............... 9Ss. Kansas City southern ref. 5s, bid S4ss LigBett x Myers 5s .............. g4la Louisville X Nashville un. Is ... Sass Mo, kanA < Tex. 1st 4s ...... T6s4 Mo. Paeift gen, is ............... 631 New Yorlf Central deb. is ....... 99I Is Norf X Western ev. 6s .......... 1o5@. Nor. Pacific is. bid .,..-....,.... S4t2 PennsylN ltia gen. 5s ,........... 96
 Reediqs gen. 4s ;.............. S2ss Republic iron X Steel 5s (I94O) ~ 90 St. Louis X San Fran. adj. 6s ~ 7S4 Seaboard Air Line adj. 5s ...... 1S9s Southern Bell Tel 5s .. g4is Southern Pacific cv. 5s ........ 951s southern Railway 5s ......,.... 90ss southern Railway gen. Is ...... 62ia Texas Pacific lst 5s ......... 92 Union Pacific 4s ................ 9OIh '. K. Of c. B. X I. lss (I9S7) -. 99% O' ;. steel 5s .......-............, 10Oh N.-C. Chemical 5s ............ 96
 Wabash lst 6s .;,...,............ 9544 Wilson Co. cY. 6s ............. S9
The Birmingham age-herald., 1922-03-03

67S; exports, 4,234 sales. 439; stock. 122.115
 Baltimore; Stock, 1889.
 Boston; Middling, Is. roc; receipts. 374; stock, 7.200.
 Philadelphia: Stock, 5,456.
 New York: Middling. s.7oc; re- ceipts, SOP; stock. 76,224.
 Total today: Receipts, 11,439; ex- ports, 17,516; stock, 1,093,53S
 Total for week: Receipts, 76,145; exports, 70,546, Total for season: Receipts, 4,340,- 949; exports. 3.769.59O.
The Birmingham age-herald., 1922-03-03
Rx Assnciafed Pres.

By Associated tress Chicago, March 2.-Potatoes weak er Wisconsin sacked round whites. SlS0@2. Idaho sacked russets, s2,20 G2.30. Minnesota round white sacked. S11Om130
The Birmingham age-herald., 1922-03-03
LONDON MONEY

 London, March 2.-Bar silver 52 d per ounce. Money 2A per cent. Dis- count rates, short bills SIS per cents months bills, 3 1-16@3B per cent.
The Birmingham age-herald., 1922-03-03
LIBERTY BONDS
By AbsOcIilteH IresN New York, March .--libertv
CHICAGO LIVE STOCK ISy Associated Pres,

Chicago, March 2.-Cattle: Receipts, 5000; beef steers strong; top beef steers, $9.25.
 Top yearlings ........,.....$ 800 Bulk ................... 7.5O9 $50 Fat cows and heifers, bulk 4.75@ 6.25 Gamers and cutters largely 3.00B 3.75 Bulk bologna bulls ......... 4250 4.40 Bulk vealers to packers 9.50@10.50 Hogs: Receipts, 22,000; opened 5c and LOG higher, mostly l001 Dc higher than Wednesdays average; closed strong; ship pers bought about 5000, holdover moder- ate.
 Top ........... l. ..-- .$l1.S0 Bulk .........,......... l0.S5@11.15 Pigs, bulk desirable 100 to
 120-pounders .............. 10.oo91035
 Sheep: Receipts, 5000; mostly steady on what was sold at noon.
 Fat lambs, top .......,.. S15.I5
 Some held higher.
 Top shorn lambs ........... l2.5o Top wooded yearlings ......, 13.5O Top wooded ewes ....,....... $50 Shorn ....-.. ......... 100
The Birmingham age-herald., 1922-03-03

St. Louis. March 2.-Hens. 24c; other poultry unchanged. Eggs, 23ci butter unchanged.
The Birmingham age-herald., 1922-03-03
PRODUCE
By Associated Press

changed. Eggs lower; firsts, 241s a 24Ac ordinary firsts. 21@22c. Poul- try, alive, higher; fowls, 27c; springs 29c; roosters, 1Se.
The Birmingham age-herald., 1922-03-03
SPOT COFFEE
POTATOES

By AssOcIated Press New York. March 2.-Coffee, Rio No. [. s 15-16c.
The Birmingham age-herald., 1922-03-03
NEW ORLEANS COTTON Ry A Aggnafafah Dras.
SPOT COTTON

New Orleans, March 2.-Spot cot ton steady, quotations revised: mid dilng 70 points lower; sales on the spot, 1,02S bales to arrive. 25. Low middling, 15.75c; middling. 17c: good middling, lSe; receipts, 4,OO4; stock 273,S71.
The Birmingham age-herald., 1922-03-03
LOCAL MARKETS
Poultry


 tW. W. Garrett 6 sons) Hens-26 Gp ZIG.
 Fryers-4OQ 42c.
 DuCks-2Jc.
 Roosters-14QI5c.
 Eggs-Fresh 24Q25c Butter-Packing stock. 15Q 20c.
 Fruits an and Vegetables
 tMarshall. Jordan Keith) Bananas EigEt-hand punches, 90 to 60 pounds. 7c lb
 Lsmons-G Choice se.5o; fancy, s7. larger, $3.75g4; choice. s35O; Delicious. 35-50; extra 1ancy, ortiey,. S3..75; fancy. S3.50, Arkansas Black. extra fancy. S3.76. Grapes--Emperors, keg, s6.50. Rutabages Sc. Potatoes-lrish, Sc; Porto Rico sweet i50-lb; sacks, 2Ae ID; seed cobblers, $5.75; Bliss Trumphs lac.
 Onions Reds, 100 lbs. to sack ss Onion sets-s5 to s3.e5 per busneI Beans--Californid lima, large, I0lAc ib. , California baby, l03ac h.. pink beans, 7c :lb.;. black-eyed peas, 7e Ib.; Michigan navy 100 lbs. to sack, 7c lb. Peanuts-No. l Virginia stock, Sc lb roasted sack lots S1ac lb.; 56-lb. lots ., ,walnuts-california No. I. s5c; No. 2, Almonds-Drake. 18c; Filberts, 17hc. Celery-Florida, s4 per crate. Cheese-Fuu cream dasies. ZIG. Mackerel--l00 count, Ss. ages to case, S4.50
 Cocoanuts-1OO count. s45O; broken lots, S5.
 Lettuce--Iceberg. $4.50 per crate. Grapefruit-Fiorida, S4 box. Cauiitlower-555 crate. Raisins-7L. L. $450.
 Tomatoes-Fancy, s4.5o.; choice, s3.5o.
 Live Stock
 Birmingham Live Stock MarkeD Fed steers, good and choice, 5 1s 4 6 I5 c i; medium to good, is@51ze common to medium fat COWS, 4e; medium COWS. 3Q laci cutters, 2@2laei eanners, & q2hc; heavy bulls 8W31 1Rc; light bulls, 2q 3c; oxen common lac; fat yearlings, 3c; medium yearlings, a3c; Yealers, choice, Hogs-Choice corn fed 165 and up, 9c. lS5 to 1e5 lbs Sc; 90 10 1S5 lbs. Sc i; light pigs, 90 lbs. down, 7c best heavy rough hogs, l3c; soft and oily hogs from lc to Pc per pound less than above prices.
The Birmingham age-herald., 1922-03-03
CHICAGO GRAIN Ky Associated Press
CASH GRAIN

St Louis, March 2.-Wheat No. 2 red, S1.44; No. 3, S1.3S@1.40; May, s139A; July. $f.1S. Corn, No. , white. soc: May, 64Ac; July, 67c, Oats, No. white, 3S1sc; May 42A e; July. 43Mc
The Birmingham age-herald., 1922-03-03

NnlCaBO, MdTCH 4.--1-asH W HedI' 1NU ? hard, $1.40; No. 8 hard. $l.S6 | Corn, No = mixed. 61 M 62c; No. vel low, 61m 62c. Oats, No. ? white, 40 F @ 42c: No. white, S71 O 40c. Rye No. ?, $1.0016 Barley, 63G 6Sc. Tim othy seed, s5.ooa7.Oo. Glover seed S15.00 6r 25.0 %. Pork, nominal; lard, s11.95. Ribs, $t1.25G12.25.
The Birmingham age-herald., 1922-03-03
BANK OF ENGLAND By Associated Press

London. March 2.-The weekly statement of the Bank of England shows the following changes: Total reserve decreased 1,547,000 pounds. Circulation increased 1,54s 900 pounds. Bullion increased 769. 900 pounds. Oth- CT deposits increased S.545,O0o pounds. Public deposits decreased 10,657, 900 pounds. Notes reserve decreased l. 545,900 pounds. Government securi- ties decreased 560,000 pounds. The proportion of the banks reserve to liability this week is 17.7S per cent: last week it was 1868 per cent. The discount rate is 41z per cent.
 METAL MARKET
 By Associated Press
 New York, March 2.-Copper easier; electrolytic spot and nearby, 12A@ 14c; later, 12M @13c. Tin steady; spot and nearby, s29.37; futures, sz9.25. Iron steady: prices unchanged. Lead steady, spot s4.7O@4.S0. Zinc steady; East St. Louis delivery, spot, s4.55@ 4.6o; antimony, spot. s4.25.
 BAR SILVER
 New York, March 2.-Foreign bar silver, Csc; Mexican dollars. 4sAc
The Birmingham age-herald., 1922-03-03
Hides

Birmingham Hide and Tallow Col No. l Green Salt Hdes-7@7lkc. No. 3 Green Salt Hides-6 + Q7c. No. 1 Green. Fresh Hides-6bc No. Green Fresh Hides--5Q iAc. No. l Dry Flint Hides-1O@ No. Dry Flint Hides-Sagc. No. 1 Dry Salt Hides-9c. No. Dry Salt Hides-Sc Sheep Skins-15d soc. Goat Skins-10 e soc. Horse Hides-50c to $2. Hog Skins-10 415c. Tallow-3 Q5c. BeeswaX-17 Q18e Clear Grease Wool-1s n zoe Clear Washed Wool-27 e soc. Burry WooI-i0DI2e Ginseng (Wild)-$5@6
 Butterfat
 Corrected by City Creamery Col Butterfat-36c. Market firm
The Birmingham age-herald., 1922-03-03
l. LIVERPOOL COTTON Rv Aoano;o.oa

New York, March 2.-Spot cotton quiet, Middling, 1S.70c.
The Birmingham age-herald., 1922-03-03
Meats

(Swith Co., Packers) D. S. Clear Bellies-12 Co 16c. Silver Leaf Pure Lard-15c Jewel Shorteung-l4e. Hams--Skinned-30U c 3Ge. Hams-ReguIar-30 32c. Pork Loins-f8 c 23c. Bacon-22 42c. Butter-41c. Eggs-23 l27c
The Birmingham age-herald., 1922-03-03
Meal and Feedstuff

(Smith Grain Co)
 Mixed horse feed, $3s; old style hulls, SIG; No. 2 corn, Sic. corn chops. S1SO; No. l white oats, COG. shorts S43; bran S3S; C. S. meal, : pc, S45: hen feed 1OO lbs, s1.90; timothy, $34; choice pea green alfalfa, $40; Johnson hay, $20i wheat straw, 25 ton.
The Birmingham age-herald., 1922-03-03
Tlsll

Standard Fish Col Gray Snapper--12c Red Snappef-1Sc. Spa nish Mackerel-21 Ql 22c. Bompano-35c. Salt Water Trout-22e. Mullet-l0c. Oysters--Chesapeake bay extra selects, S2.65 per gallon.
The Birmingham age-herald., 1922-03-03
METAL MARKET
BAR SILVER

New York, March 2.-Foreign bar silver, 65c; Mexican dollars, 4sAc-
Bisbee daily review., 1922-03-23
REWARD OFFERED
 FOR ASSAILANT BY STATE HEAD
State Offers Reward of $250 For Arrest of Any Men Who
 Took Part in Flogging

PHOENIX, Ariz., Mar. 22.-Gover- nor Thomas E. Campbell tonight is- sued proclamation offering a re- ward of $250 for the arrest and con viction of any one who participated in the floggings administered in the past two nights to Rollin r. Jones, a school principal, and Aubrey Carter, negro.
 The Arizona Republican. Phoenix morning newspaper, today received q communication purporting to be from the Ku Klux Klan and assuming re- sponsibility for both the whippings. The missive declared that nine men under arrest in connection with the assault on Jones are euiltless, and urged that tfey be released
 statement issued today over the signature of Sheriff Montgomery and County Attorney Shepherd said that when a citizen believes he is about to be attacked or his rights invaded, he has a right to protect himself even to the extent of taking human life if necessary
 Jones was lured to a deserted spot Monday night and was lashed repeat edly with leather quirt. he said. by a dozen men, several of whom were robed and masked. After the letters xxx" had been marked in his face with acid. he was released. ac- cording o his story
 Among the nine men arrested in connection with the Jones case, are two brothers and the father of a girl pupil of the Lehi district school, of which Jones is principal, who had Jones arrested recently on serious charge Jones was tried and acquit ted.
 The negro. Aubrey Carter, was spir ited away from Phoenix last night and severely whipped. He was al legged to have offended white wom an who was a passenger in an eleva tor of which he is conductor. He de nied the accusation
Bisbee daily review., 1922-03-23
PARTY IS SATISFIED WITH
 MAINE ELECTION
Result of Election in Maine District Is Source of
 Satisfaction to All

WASHINGTON, Mar 22.-The re- suit of Mondays congressional elec- tion in the third Maine district con tinued today to be the subject of pro fessed satisfaction on the part of both Republican and Democratic leaders.
 Countering yesterdays declaration by Chairman Adams of the Republi- can national committee, that the cleo tion of John E. Nelson, Republican, left no doubt as to the preference of the people, Chairman Hull of the Dem oeratic national committee, came out today with a statement in which he said:
 ''The Republican majority was re- duced from 19,252 in 1920 to 6,000 on yesterdays returns. This is a sur prisingly fine showing for rock ribbed Republican section, noted for the stability of it's voters. With thes9 tremendous changes taking place in Republican strongholds, we can only infer that still greater changes are taking place in the fiber al and progressive sections elsewhere logically forecasting a Democratic congressional victory at the fall cleo tiOns."
Bisbee daily review., 1922-03-23
u. {. SENDS NOTE

Continued from Page one) that the government of the United States was expecting full payment of the costs of it's army in the Rhine land
 Basis for the American claim, the notes pointed out, was found in the armistice agreement, to which the United States was a signatOry, and which provided for military occupa- tion of Germany by the allied and American forces jointly. That agree ment, the notes recited, expressly provided that the upkeep of the troops O. occupation in the Rhine dis tricts should be charged to the Ger man government, and it was express cd as the view of the American gov ernment that the armistice agree ment had the clear import" that the powers associated in the joint en- terprise should stand upon an equal footing as to the payment of all actu. al costs of their armies o' occupa- tion'
 Priority of payment for the total cost of all armies of occupation was imposed by the treaty of Versailles. the notes set forth, and since the right of the United States tp share in that priority was mot expressly conditioned" upon ratification of the treaty by the United States, failure to ratify should not be construed as effecting in any way American rights In that connection, the notes pointed out that Germany has explicitly con sented to the priority of payment of cost of the American army of occupa- ton. notwithstanding the fact that hte treaty of Versailles has not been ratified hy tho United states and that hence any technical objection" to the discharge of the just claim of
Bisbee daily review., 1922-03-23
Stockholders Ratify Plan to Form Union OiIHOlding Company

SAN FRANCISCO, Mar. 21.-Stock- holders of the Union oil Company of California. by vote of 2S5,OOO shares out of the 500,000 comprising the to- tai capital stock, have ratified a plan to form a holding company by which the properties of the corporation would be held under American con- trol, it was announced today by Tho mas A. Hays. general manager of the company.
 The holding company will be or. ganized within the next 10 days, he said, aud all foreigners will be barred as working directors.
 Hays said the plan was evolved to prevent the Royal Dutch Shell Com pany. which had obtained 1Sl,OOO shares of the Union oil Company of California and secured with it the right to elect six out of 20 directors, from getting control of the Union of California.
Bisbee daily review., 1922-03-23
Continued From Page l

the United States would necessarily rest solely upon the refusal of the allied powers themselves to permit the discharge of an admittedly equit- able claim" and it was insisted that the rights of America were free from any technical objection.
 The notes set forth that the total cost of all armies of occupation from November II, 1918, to May 1, 1921, amounted to S,639, ,2S2.000 gold marks; that the amounts due to Belgium, France and Italy for their army costs for that period had been paid in full, and that the unpaid balance due May 1. 1921, amounted to 1,660 100000 gold marks, of which 966,3f4000 gold marks were due to tho United States and the remainder due the British Empire
 It was pointed out also that the British government had received 13O- 696,OOO gold marks betweenl May and December 31, 1921, and that the pay ment was expressly made and receiv- ed subject to the rights of the United States"
 Tn conclusion, the notes stated that the American government would wei come any suggestion from the allied governments for the reasonable ad justment of this matter" and, the powers were informed that upon re ceiving assurances of payment" this government would be "only too happy to proceed to the consideration of suitable meaus" by which its claims might be satisfied.