davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
on Marlet oua,n,lons.
One Ne,o Yorker Who Knops
the Oil Game

II. ID. Gibson Of New York, Is In
the city and speaking OF the MuiiV
OIL corporation which has recently
been financed by New York people,
parsonal friends OF Gibson, says
There was tho best and most salts
factory piece OF financing that ever
came my way, because The wore
peopiS had royalties ana acreake
that made II plain they would De
IN a position 10 make good money
from tho start; and n Is my opinion
that you might ms well Keep your
eve on this concern, as II IL a sure
'Tn the Wolfe corporation the Of
ficers arc as follows: II. Il. Wolfe OF
Bristow. president. Harry Hendrlcks
of Bristow. banker. vice president
Van X. Stout. secretary and treas
ursr, with headquarters and oii'oos
at Bristow.
"The company owns pretty much
ali OF i0-16-e. with one well making
between 1000 and 1000 barrels from
the butcher sand, and there are
several locations offsetting this that
the company will be Obliged to drill
as once to protect It's intereats
against outsiders who are also moV-
ing In. --- ..,.,,,
than any concern | have ever known
OF, and It's holdings are only par
TALLY drilled but there are rs pro-
ducing wells on property or whlch
tho royalty In held in the treasury
of the Wolf company. They have
money on hand for a large drilling
campaign, and In addition, splen1
did surplus for dividends. They Will
not drill except whore necessary un-
til tho market has steadiod, which
we all believe will soon happen"
Gibson says that the situation In
New York as regards TO oil Invest
ments. is better than at any time
in tho entire history OF the game.
This means that money is more plen-
tifui and there Is more Interest In
oil than even when oil was sell ing
for $3.50 per barrel In the Mid-Con-
tinent field.
THE practical investor" said Glib
son, "is only waiting TO see what
turn the crude market takes. before
making Investments.
"The situation has been watched
closely by New York business men.
who are now convinced that Mex
leo has had Its day. and that Okla
homa is the one particular bright
spot that can produce oil for the
needs OF the nation and TO keep the
United States In the lead among the
nations OF the world. 40 far as oil
and its products are concerned.
"Ono OF the most interesting fea-
turea OF the production In the Bris'
tow field. Ia that the trend scent
20 follow the creeks and II would
appear that there ought to be some
reason for this, and that some one
should be able to dope II cut so
that the oil fraternity might benefit
thereby.
''I believe that the entire country
hatween Bristow and Slick will
eventually be connected up, and that
too. very shortly ns there are 60
many new rigs being built that II
will be impossible for a trend. nc
matter how narrow, to escape dis.
covery.
% Il have suggested 10 the good
people doing this drilling. that II 1,
taking IA bis chance, this drilling sC
many wells and that the safe plar
would be to play the gamo a,
though Il was now n known fact tha
oil would be only so cents per barrel
I'm other words. SHUT DOWN.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
All Deeper Tests Postponed
Until After Price Better

PoNcA CITY. Aug. Although
several tests in the. Bliss-Tonkawa
field, which have been found dry
In the upper sands, have been sched-
uled for deeper drilling In order
to make a thorough test of the dis
trict, all OF these have been post
poned until the price OF crude is
again considered encouraging to ad-
ditional drilling and development.
OIL field scouts state that this is
true also in other producing areas
in the northern Oklahoma terri
tory.
There are four principal tests in
the Bliss Tonkawa that have been
thus temporarily abandoned, all
having been found dry In the 2,l00
and 2,600-foot sands, the general
producing horizons in this field. The
four are the McCaskey-We No.
IL in 324-1w. the Southwestern Pc
troleum No. In 10-24-1w, and the
Humphreys Nos. 2 and 7. Plumb, al
so In 10. II Is an interesting
coincidence that II is each company
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
The Gypsy Deep Sand We'll
in the Ot0e

The Gypsy oil company deep sand
producer In the Otoe country which
created a sensation last week by
getting n nice showing OF AZ gravity
oil In the deep pay topped at 4.4SR
feet, has been drilled 2s feet In the
sand and Is making 200 barrels OF
oil per day with about quarter Of
a million feet OF gas. Since deeper
drilling has not increased its produc-
tion materially, the well may be
given a shot instead OF drilling deep
er, according TO tho Gypsy offices
here
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
In Grady County, Okla.

The Phillips. Caudlll a. Storey
test In the southwest corner OF lot
q, 36-4n-Sw, Is drilling at 1,l72
feet, II is six miles south and one
mile east OF the Nichols gasser,
which created so much excitement
down that way. It being located In
26-5n-Sw.
The Sun Ray Oil company is
building a rig in the northeast of
the southeast of the southwest of
26-5n-Sw, and the same company is
moving in at the center OF the south
cast OF the northwest OF i44n-Sw.
The Magnolia Petroleum cor
poration Is moving In offsetting the
Nichols gas well in 26. on the east.
The latter will start lot OF drill
ing down that way.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Mdridnd InstdHs Dental
Clinic for Employees

PONCA CITY. Aug. 5.--The Mar
land oil company has brought upon
itself an additional distinction re-
Gently by establishing n dental clinic
In It's office building here for the
employees and under the direction OF
DR.. Fred l.. Sparks OF this city, mem-
Der OF the state dental board. A
room has been set apart for this
clinic and IL being equipped and
furnished with all the necessary
modern paraphernalia. This Is the
second dental clinic established in
Ponca City, the other being in con-
nection with the public schools.
1t is understood that soon after
the dental clinic Is thoroughly
launched. the Marland company in
tends adding n medical clinic also,
this too being under the supervision
OF DR.. Sparks.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Pure oil Company Issues
Optimistic Statement

Production of Pure Oil-Hur1ph-
reys interests In the Mexla, Texas
oil field was 32,543 barrels on Au-
gust /. Durlpg the To-day period
from July 20 to 81, inclusive. the
crude oil output OF these properties
amounted to 347,OS0 barrels, an av-
erage OF 34,70S barrels a day.
Pure Oil-Humphreys wells have
proved the structure advantages of
their locations by being untouched
by salt water. These producing
properties are high on structure,
while salt water has encroached only
on wells that are down structure
and off proven big yield formations.
Wells OF the Pure Oil-Humphreys
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

interests in the Currie field. north
OF Mexia, are making over 5000 bar.
rels a day. This pool Is SHOWING
better producers than early com.
pletions promised.
The Humphreys-Pure oil Pine
Line company has extended its lines
to Currie and Is moving this oil 10
its gulf coast terminal.
Half the production of these prom.
critics is being handled by the Purs
Oil company, being moved from
Smiths Bluff on the gulf 10 The com.
pany's Marcus Hook. Pa. refinery by
tankers.
Editors note: The above Is from
the press agent of the Pure OIL com.
CONTINUED ON NEXT PAGE
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Sartain Well StiH Dropping
orr in Production

The Sartain and others test in the
northeast corner OF the southeast OF
1850 Is now making l25 barrels
OF oil and n lot OF gas, variously re-
ported from 100000 TO 25,000,-
600 feet.
This test made a sensational oil
and gas flow when the sand was
struck last Friday. and was esti-
mated MS a l0.0O0-barrel producer
or better. Being located near the
Frisco right-of-way. 1t stopped all
traffic on that line for about IA
hours. until the well was gotten un-
der control.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
"Dick" Mason Completes Big
Gdsser at BristOp

d. n. tDick) Mason has 22,-
600 ,OOO-foot gas we'll at but four
feet in the Wilcox Sand. which was
topped Mt 3.l2l feet In his test in
the southeast cbrner OF the southeast
OF the northwest OF 23-l6-s,
Mason Is showing the right
sort OF patriotic spirit in shutting
In his we'll for a gas welh when
there is every reason to believe
deeper drilling would develop a big
oil well. He Ia entitled 20 the COM
mendation OF the entire fraternity,
and is, ns everybody knows, one OF
the hest oil men In every way, In
the field.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
The II Told You So" Boys

While returns are not oil in yet,
It appears that before long the
newspaper writer's who knew In ad-
vance that the market for crude
was going to be cut from 81 10 SLAB
and who have done as much as pos
sible to hurt the market for refined
stuff by printing this sort of prop
Uganda will all have made their
"speil." and will have succeeded in
convincing an admiring public that
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
NII,skOpte.

The =. Yankee test on the Manuel
farm In the southeast corner OF the
southeast OF l6-14-lS. Muskogee dis
trict. Is dry and abandoned at 1900
feet.
l.. c. Butler has abandoned at IL
O20 feet his No. 2 Walker In the CEN
ter OF the north limo OF the SOUTH
west OF thu southwest OF 7-i5-1s.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
West of Wetumka

The Malconia oil company test
in 23-9-9. which has hitherto been
reported In this column as showing
for n gas well Is now estimated at
20. .000. .00O-feet or gas from 1885 to
1870 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
MinOt & Minot Getting
Interesting Well

Minot & Minot have the top of the
Wilcox sand at 2,237 feet and a
showing of considerable gas and oil
and the sand Just touched In their
test Just between stone Bluff and
Bald Hill. No. Voicey Call allot-
ment in the northeast corner OF the
south half OF the northwest of 24-l6-
IA. The we'll will be drilled in to-
dny.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Cnnncll IIlll

F.. ]. Lambert has a hole full OF
water and iz abandoning at 1888
feet his No. pruner In the center
OF the north line OF the southeast
OF the southeast OF 7-13-15. \
NJ. c. Sells has n failure at SEA
feet In No. Franklin in the center
of the northeast OF the northeast OF
l-l4-l5.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

Charles +. Burg has n failure at
1923 feet In his No. 2 in the north
east corner OF the southwest of the
northwest OF 3i-2G-12.
The Wasage well No. IS. located
In the northeast corner OF the south
west OF the northeast OF 1929,
IL good for 35 barrels In the Peru
sand after a 140-quart shot.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Skeiiy Reported Getting We'll
Northeast of H0idenUille

The skeliy OIL company had a
showing OF gas in sand topped at
approximately 2,200 feet. Saturday,
and Is supposed 10 be drilling in
today on his wildcat tessS on tho
Alexander farm in i7-S-ll. north
east OF Holdenville. This test passed
up n showing OF two or three mil
lion feet OF gas In the l,020-foot
sand about three weeks ago, and a
good well Is expected.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Deep Sand Duster In
Grant County

The Red Hln oil g. Gas Co. has
a duster at 1850 feet In No. on
the Bradley farm In the northeast
corner OF the northwest OF the south
west OF 2s-27-6w, Grant county,
Oklahoma.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Dry One in the Usage

Prlddy williams and others drill
ing at the center OF the east line
OF the northwest OF the southeast of
10-25-S. has passed the regular sand
which was dry at $3.50 feet, but
may go deeper Into the lime.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

ever. One oil man said: while
there was small showing before
the shot. there was absolutely none
afterward II is Understood this
test will be drilled still deeper. The
Garter oil company Is drilling
half-mile farther south on the
townsite at zoos feet, with no
showings. The Gypsy test Is in
northeast OF 2s-27-6e.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
At Wagner.

The NJ. 4. C. company No
Moore. In the southeast corner OF
the southeast OF 27-l7-is, Wagner
district, Is abandoned at 500 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Wilmonf and Others Test at
WetC0ka Drilling In Today

The wilmont and associates test
in 36-s-S, Wewoka district. reported
TO have n hole full of oil In the
Midwest sand. had the bailer In the
hole yesterday and expected to drill
in today.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Ifcnryc'ttn.

Cusick g. Block have a hole fun
OF water at 5000 feet In No.
Henry in the southwest corner OF
tho northwest OF the southeast Of
19-1l-l2.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

Production OF Pure-Humphreys
companies in Mexia field in which
Pure owns 20 per cent interest with
32.54S barrels August l, In 10 days
from July 20 TO July 81. inclusive.
crude oil output was Si7.s7e average
OF 3A,70S barrels daily.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

TAMPICo. Mexico, Aug. Mex
lean Seaboard produced $4,000 bar
rels oil from Toteco pool In "a hours
TO 7 n. m. August s. Mexican Petro-
leum took $1,000 barrels in "a
hours TO a, m. on August 1.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

NEW YORK, Aug. 7.-standard
OIL Company OF Indiana declared
regular dividend of 81 payable Sep
temher is and August II.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

Toronto --- Prices for gasoline
throughout the dominion have been
cents gallon, The quo
tatlon at distributing points ls "a
cents a gallon wholesale and 9s cents
n gallon retail. (This. OF course.
means the imperial gsllon).
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08
Ticker Dope

Standard oil Company OF Loulsi-
ana and other marketers reduced
gasoline IN Shreveport and New Or
leans cents "A gallon on 20 cent
wholesale and cent gallon to %
cents at filling stations.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-08

Phones Osagc 1919
The border vidette., 1922-08-19

precinct No. 1, Mrs. Theodora Marsh, Duane Bird, J. A. Le- garra, WIZ. Chenoweth, J. J. Goodman, A. I. Schleimer, B. F. Hannah, Anna B. Ackley, Emory D. Miller; precinct committed man precinct No. 4, Tom Fraser, l.. c. Blabon; precinct com mitteeman precinct No. 3, Wm. Lowe; precinct committeeman precinct No. 2, Herbert D. Wood.
 REPUBLICAN CANDIDATES.
 The following Republicans fl. ed nomination petitions:
 For sheriff, William s. Mo- Knight; county attorney, A. H. DeRiemer; treasurer, I. Bur- goon, recorder, A. J. Abbott; state senator, 1. P: Fraizer; representative, J. w. Fitzpat- rick; school superintendent, Mrs. George J. White, justice of the peace precinct No. 1, R. L.. o. Neill; constable precinct No. 1, J. H. Johnson; precinct com mitteemen precinct No. l, Char les L. Fowler, Mrs. Louise Shell by, Frank J. Barry, H. R. Sisk, s. F. Noon, I. P. Fraizer; pre- cinct committeeman precinct No. f, w. H. Barnett; supervisor district No. 3, Leonard W.Llene; pre- cinct committeeman precinct No 8, w. E. Bower; precinct committeeman, precinct No. 10, John C. White; supervisor dis trict No. ?, A. $. Henderson.
The border vidette., 1922-08-19

new adding mac chine, tie old one now b. ing in such a state that 1t was continually out of or der, and that the old one be kept for emer- gency. instead of trading it in on the new one.
 A communication. and list of nanlcs, who reeire in the "a stern end of tha Gala basas pre- cinct. was pre-t ut 'd to the Board, asking that a new precinct be made in that part of the said precinct. bat Cpon consideration, it found that 1t WAS now too late new csgister would have to be prlnte !, and the pames trans erred from the Calabasas register, and that there was not suff. tent time in which to do this at this time, and the Clerk instr ructed to write MT. P. A. Schiil ,ng this effect
 Supervisor Noon made verbal app icaton for & leave of absence from the State for rc- iod of two weeks which was granted.
 Supervisor A. hburn made verbal application for a leave of absence from the State for period of three weeks, which granted.
 Inc Board now took up the considerable II of the Budget for the Fiscal Year. beginning July 1st. 1922 and ending June 3Oth, 1923. and the following estimates were made.
The border vidette., 1922-08-19
COUNTY CANDIDATES.
Forty-four Democrats and Twenty Re-
 publicans File Nomination Petitions

Twenty Republicans and forty four Democrats have filed nomi- nation petitions with Miss Laura Parsons, clerk of the board of supervisors. The time allowed by law for the filing of nomina tion petitions expired at o'clock last Saturday afternoon, for the primary election September 12.
 DEMOCRATIC CANDIDATES.
 The following Democrats filed nomination petitions:
 For sheriff, Harry J. (Pat) Patterson, Harold J. Brown, R. Q. Leatherman, A. Dumbauld; ; supervisor district No. 2, J. S.. Gatlin, Robert A. Campbell, O.. F. Ashburn, c. L.. Northcraft; judge superior court, M. Mar steller, J. l.. Pitts; county attor ney, w. A. O'Connor, A. A. Trippel; clerk of superior court, Robert B. Lee; supervisor dis trict No. 3, James l.. Finley, Bud ldwin; superintendent schools, Mrs. Josephine A. Saxon, Mrs. G. A. Farrell; recorder, Tracy Bird; assessor, Victor J. Wager; treasurer, Mrs. Lucille Walker, Arcus Reddoch; state senator, C.. A. Pierce: representative: Phil Herold; justice of the peace pre- cinct No. l, Charles D. Hardy consta ble precinct No. 1, William s. Larcom, A. b. Page; justice of the peace precinct No. I, Howard Keener; justice of the peace precinct No. 5, Richard Farrell; justice of the peace pre- cinct No. 1, Hayden Fender grass; justice of the peace pre- cinct No. 5, William Lowe; con- stable precinct No. 1, Lou C. Quinn; precinct committeeman
The border vidette., 1922-08-19
OFFICIAL PROCEEDINGS.
The Board of Supervisors of Santa Cruz
 County. Arizona.

Office of the Board of Supervisors, Santa Cruz
 County, Noga .es, Al izona, July 9th, 1922.
 The Board of Supervisors met at 1O:o0 O clock a. m pursuant to recess of Jnly 3rd. 1922.
 Present: Chairman Finley, Members Ash burn and Noon and Clerk
 Duffy and Pdrdun appei ired before the Board preset ting a claim for SI,1I7.63 fee in a suit for taxes against the Baca Float for the year 1912, which said suit was dismissed by the Board of Supervisors prior to the final settle ment of a suit for back taxes against said Baca Float. for the years 19l3 1911. 1915 and 1916. After due consideration the claim was rejected.
 Upon motion duly made, seconded and car ried the Clerk was instructed to purchase Q
The border vidette., 1922-08-19

Arizona mines and smelling plants show marked increase in output during first six months of 1922
The border vidette., 1922-08-19

Phoenix-State tax levy for year to be between B and 54 cents on hundred as compared with 73 cents last year.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-09-15
PHILADELPHIA BONDS
Philadelphia Markets

WHEAT-RCCS.r}s '"4'a xI%~, %nsh'iS ;,9 Mer:
ior, 81, ,@I i q az so. ) red winter. n5'2r
Il" ~ 70 a. rd wnI %!n'Iai gartY H"t,Nl 81 @"7G;
No, red winter sarlrk%al ~ j "4cj ~, MAJ, ;
&c under red winter. Sample according
" "C1R%-Receip,s, 1905 bushels ,ENpor,
export eieYator--No, :, 7ia 75c; No. 3, 1adC
TAD &S J2 y2oW Is' so lot" no. for Gsf ys
OARS s-Receipts. 1907 bushels. Mark,
4 tsss So yS,g ~ n. s's s,sk.
MrSS; Soo% "fss Ftr H"5 "$ SnS pEcd HS
%GseST Sa4S ToT sH25 siash No. g. nS9Sr9$ 3d. so
patent 9g;,ns q 9rS. t" sHr sSor, I"
patent, family brands. SSGfH75. Nye -four.
PKoyISi41NSmTho mar"e, w9s ,a,S; s,saAy;
Srs Sna smoeh s1TFi and t's air dred "Sy "o Som
SS9rod loose 32M s3G 90. skmn'd i"ose oSIog TogT
Soneless. oT I ~ acc: picnic shcullSrs s = cured,
loose. lac do. smoked, ld'9 G.: bellies, IN
pickle. loose, loc breakfast bacon. 2Sc:
RtTTE ER--One cent higher, Quotations
"iSeT1 T. q AZ" ,ha latter Tor jobSng s"cs cxtra
Zoe; S arsts. $sa s5o sSSonas 2@S% @ s2e; wi
g -; extra. Ale: extra nrsts. 3oc; frsts 30
55S% lover EFs4ss hos go s2r ,r%Sir "SrT @
braTaS h'sher ta'r -; 70 FGSS S3Ssr 4'|' 49,
Nearby extra frsts SOC, first . anWnds,
55r -sS sS$onGs s'9 " aSa tdnSy S a"Ica @ .ss 80
and Iaoss, is%4ic; fair 10 ~@.l. tra423
CHEESE-tirm. 3u"tattom< follow: New
3!3,s"@: Do, f%Ir to s%od @"a2i!sc% l,53s. e.
'G22c; jobbnE sales of fancy goods. 23lg q
TiyE rorLTEEY-E"Tls,. r., l"$hCrns,
sEinncd. 32 II asc fSir 10 good y d soc;
owls L"shorns, according, to TIUiIty, .
fat yellow skinned. weighing aG4 lbs each.
.sT3or; SPRING chickens, not LeGhorns,
smaller sizes @5@27c: spr!nR chickens. Leg;
St@T f9ostcr. ia % Sc dncKs WRi;e PSEn fsn"T
az, y @2!y, ordinary. ls@ zoe: mixed IoiHrs
ia 6s 4n%s Cnd .vc %"SRf %"t
! sizes, $l@ll0; guincag, Old, per pair, oOc
pfrRES DREssT EIT F%TFfiRTows itY So fresh killed
over apeco. alc; weighing AZ lbs apiece,
S"G & ~ TGGns Ss esc d. Do woshHR 3S% 2oc Ss 49,
"l@ &C, Fowls. fresh.kliicd, in bbls. dry
picked we.FhinE lbs and %, "y@r q . oapecc"
weighing lbs. and under, 22M,2+c. chick
lbs. cac6; $sa SIC. y w~tRhins 81" ma lbs lbs
each, 81 q aac. chickens wrstcrn, in bbls
.nq Ssc; broiling chickens, ncarby, Iin bbls.
5c: do DO. do 80 sautherH i7 is@; S% Srrins dueks
PoTATdE$S9:ws, g?,o,2c;,. nearby. pc,
No. >, l5@ soc.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-09-15
HIGH PRICE FOR
PENNSY SINCE 1918
American Gas and Kentucky
Securities Preferred Advance
Sharply on Light Trading

PENNSYLVANIA Railroad reached ASA
on active trading in today's local
market. which is the highest price tho
stock has brought since 1918. when 1t
touched aOis. II represented n rccov-
cry of $3.50 share from the low price
of the current year. With coal strike
settled and labor difficulties ironcd out
on most Of the connecting large sys-
toms from which large tonnage is
derived. II was recognized nothing now
stood in the way of earnings rapidly
going back to normal The much more
hopeful outlook at tho same time sup
piled additional assurance Of rcstora-
ton of the long established q per cent
rate before the close of the current year.
There was big improvement also to
the tone of tho general list and many
strong spots developed. resulting in sub
stantial advance in~prices. The wider
changes were once more confined to tho
less active or obscure issues. Amcri-
can Gas led this grohp with n fresh
squirt Of 3 points. to - or within :
points Of the high price reached last
May. Kentucky Securities preferred
ran up points on n few odd lots.
American Stores continued to bring
light Electric Storage Battery rccov-
cred the 75 cents dividend at The out
set. but later reacted to As.
Trading continued to lag in the
utility group. which was more surpris-
ing in view of the buoynncy of this
class nf securities on the big board.
Despite the neglect all displayed firm
tone. t. G.. I. and Philadelphia Flee
| trio made fractional gains. but most of
the others were substantially un-
changed.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-09-15
New Brokerage Firm Formed

The firm ~ r. W. Kelley & CN WAS been
dissolved and tho new Hrm Of J T., Hnmnitt
( Co. composed q ocI j 4 Hamm,', and
In the Stock Exchange Building j, k.
Hammitt formerly was member Of p. W.
Kelley Co,