davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

tho timo keeping their eyes on thclr
per cent Of brokerage fcc--and this
b. us n should be.
"Undcr such conditions tho IN
dustry win take It's place beside
other worthy Industries aud pass out
of the realm OF tho wiidcattor,
Men viii learn not TO devote all
their attention rushing for crude;
viii learn to keep tho balance Of
production on a more equal basis.
with refined markets: will learn 90
do business on u reasonable cost
basis Tho oil viii not be "a game. %
but a business. ana II should aud
must be.
In closing permit me 10 say that
while oil last summer fell to propn.
bly, tho lowest price In the past seven
or eight years. It's dcflntlnn l. no
greater than that Of other basic
corhmoditics, such ~ farm products
and livestock; and II has been tho
frst to come to lie. ana today |
feel no hCsltancy I'm saying that tho
coming back" while II hps been
gradual. sim It has boon fully war
rautcd, ana from tho financial
standpoint | believe the oil busincs
ig In better shape TO 90 forward than
any other Of the husl, commodities.
Lot ua hopes that this increased
price that we are now receiving Will
not encourage speculation or wildcat
drilling but that tho peOplo shall Eo
along developing newly discovered
properties. ana operate their oil
properties on n basis of strict econ
umv and husiucss principles. Then
you will find that tho financial state
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

must look Co the company we Keep,
| tho crook and thief In our midst.
oven though he does not steal from
/ us directly vet casts hls bad shadow
over the Industry. We have learned
] | hope, that we must stop calling 10
the game and call 10 the oil in
| dustry for such II Ia, Insisting that
other men respect II for its worth
/ and It's value to tho human race, as
well us its safety ana profit as an
Investment
NO Industry has stood the tost
| that tho oil inpIstry has stood.
/ Ranks ia Pennsylvania, Wcst Nir-
ginih, ohio and all down the trend
| OF the OIL have been consulted in re-
gard to tho financial responsibility
| Of practical oil operators, all giving
/ the same testimony. and that h. that
la practical oil operator over n long
period OF years, has been yuccessfu.
| and where his business was pru-
| IDENTITY carried on, As In other lines
! OF business. his success has been
| permanent and secure. Tho average
| banker In our largo ccutcrs has
never met the real oil producer, bc-
| cause hc never has 10 go away from
| his own home tu borrow what money
/ he needs Many OF the oil mon IN our
| city hdyo been responsible. flnau-
| riully, aud sucocTlul rs operators
since their yuung days when thcy
started the industry Ia Icnnsyl-
vaula and the later fields.
why should we not thcn tie 20
| the real ones, and clcminate tho
unreal? Take caro- ~ the ones TINT
are thoroughly familiar with and
run their business along careful and
prudent lines. aud eliminate the
wildcntter aud the ono who would
be unworthy Of credit In any other
| line?
again, gentlemen, let mo call
your attention To n much-uccdcd
| law, aud that IN the lake adNertis-
ing" that is going out from irrc-
sponsihlc promoters, I hopo 10 see
| the day when n drastic postal law
will bo made which viii thoroughly
eliminate this class Of business from
our industry.
II bring YOU n ray of financial
hope for the oil industry. HN
months ago II was utterly impos-
siblc 20 finance any oil proposition,
no matter the merit. To-day oil firms
who show a reasonable statement
can secure reasonable financial ala,
and tho money for oil development
Is growing steadily easier.
"BanSers and brokers are begin
ming 20 learn the difference between
honest and wildcat producers and
mere promoters. Nero "splurge and
front" IN no longer tho only asset
required TO interest thom In an oil
promotion. nor do they Just tako
your word for the possibilities, all
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
McfaI Markets.

NEW YORK, April 29.--The steel
market shows strong upward
tendency as the result of steadily
broadening demand and caution
among producers relative 20 book
ing forward delivery orders on ac-
count OF the fuel situation.
Production however. is not beinR
seriously curtailed, Pig iron Is ac-
tive and strong.
Copper has been steady. Eleairo-
lytic is obtainable from smaller In
terests at 12 Us through to July
but large producers are quoting Ia
cents for the same delivery and ex-
porters find 1t difficult to buy al
~ rs i. A. $.
Tin Is easier.
Lead quiet but firm, there IL some
inquiry for deliveries into June
Local stocks are light.
Zinc has n firm undertone but
steel mills are only buying in a
limited way.
Atimony firm and a shade higher
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
WORLD MARKET PAGE


NEW ORLEANS, April ga
higher market for cotton was seen
In the early trading today but the
gains were not sustained as a great
deal of liquidation OF the near
months was encountered and 1t
softened the whole list, especially
IN tho late trading when May was
8 points net lower at 1890. The
close was points down to 8 points
up net for the day, May closing at
the lowest.
The early steadiness on which the
list went to net advances OF 10 to lG
points was due 10 further rains In
the belt and to the raising of esti-
mates Of Fall River sales in print
cloths for the week. to 10000
pieces yesterday. May rose TO 1908
cents and October to l7.i0 cents.
tho now crops being stronger than
tho old.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
STOCKS ARE FIRM
in SHORT SESSION
Market Shows Breadth
and Strength With
Gains for List

yEW YORK. April 29,-From
~. very outset today's short stock
m.rket session showed breadth and
.,rsng,h. net gains of one TO almost
n,. nolnts going far to efface tho
ln,sS,,sl reaction of tho mid-wcek.
p's,andard oils and similar shares,
..,abiv associated oil, Pacific oil,
Mexican and Pan-Amorican .petro-
IN and several of the cheaper
domestic shares constituted the
most conspicuous features.
independent steels again we're
favored and coppers denoted a
strong tone. ., ..uo,
,tonr AT one to two points gain. al
enough Studebaker reacted.
Rails held their ground but IN
vostment issues, with such cNcep-
,tons as Atlantic Coast Line and llli-
noIs central, gave way In promi-
,spcc TO the speculative group
ynere we're especially heavy dealings
gWheellng and Lake Erie common
s,d preferred at substantial gains,
some of the better known coaiers
slso strengthening. Sales amounted
10 775,000 shares.
Foreign exchanges improved,
sterling holding at within half a
csnt OF tho weeks best and the
paris rate rising. Today's bond
market was relatively restricted and
Irregular. The liberty series regis
,orad narrow and uncertain move
,ocnts and internationals were dull,
Moderate gains were made by
coalers. especially Chesapeake &
Ohio convertible Ans, Reading as
and Erie general 4s, Western ana
Southwestern rails were inclined
~ react Total sales, par value, ag-
tregated s9,s47,000.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
MAY SHAKEDOWN
IN FINAL HOUR
Selling Orders Come In
and Prices Break
Nearly 5 Cents

CHICAGO. April 29.--The shake
down in May wheat looked for today
was delayed until during the last
hour OF trading, when prices broke
nearly cents, when selling orders
came into the pit A tense feeling
existed In the pit from the start and
everyone was looking for some sort
Of break. Tho market lacked sup.
port, but few cash hour courses
bought u little at the bottom and
that accounted for n recovery OF part
of the loss. Tho Qnish was un-
changed TO IN cents lower. with
May sl.89h to $1.39& and July
s1.26is to st.26h; corn was as TO
a. down and oats were off u to ic.
Provisions were unchanged to &c
higher
During the forcpart OF the day
wheat prices moved upward as a
result of short covering induced by
the upturn in Minneapolis May and
unoonfirmed reports that vessel
room had been chartered to load
100000 bushels next week.
Strength I'm Liverpool and an
absence OF liquidation brought about
a higher range In prices early. Local
traders were disposed to act with n
great deal Of caution on account OF
Monday being the first delivery day
on May contracts. The market was
easily influenced and price changes
were rapid. especially In the May.
Further changing from May to the
July deliveries was under way n
corn and oats while elevator inter-
ests took the May and sold the July.
Sentiment is becoming somewhat
more bullish in corn and the July
and September have been receiving
good support on the dips.
Provisions held within narrow
limits with the bulk of the business
IN changing from the May to the
deferred deliveries.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

UHICAGO, Anil 2o,-Cattle--neceIpts
goo. compared with week sgo beef steers
up most, bulls ana calves mostly SOC
higher. Nght butcher bulls up more
stockers and feeders 25o higher. weeks
TOD yearlinR steers 1925. matured steers
5000 weeks bulk of sales beef steers
HbbnSb0. butcher cows and heifers 1913
,WI1b canners ana cutters $500 So
bologna bulls $40 d4e0. veal calves IL rs
Ws.sb, stockers and feeders s7.O0Q77B
HoRs-Recelpts 2 600, closed active,
liRht mostly SC hlaher. others strong 10
pers sbout 1900: holdover lights ton
steady.
sheep--Receip,s 1000, five doubles rs
10 ss-lb clipped lambs Il47SM14s5,- one
double fed Texas shOrn wethers 1875, all
on shipping ammount; other receipts III
rected 20 packers; compared week ago
market uneveniy fgc 70 Tic higher better
grade fat lambs and yearlings advancing
most.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
Phillips Petroleum Corpora
tion Buiids Pipelines and
Looding Rack at New
.Shidler Gasoline Plant

The Phillips Petroleum corpora
tion has completed pipeline FROM
its now St,0O0,0O0 gasoline plant lo'
Gated ono mile west OF the town oi
Shidlcr In the Osagc. tho line OK.
tending to tho Usage railway In
South Shldlor, Tho Phillips inter.
csts are also constructing loadlna
rack along the new switch lust put
In. and which Ia now filled with tank
cars ready TO receive gasoline for
shipmCut
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

Officers OF the United Textile
Workers of America have obtained
the use OF $4,000 square feet OF
used as n tent colony for strikers
OF the Blackstone valley who cannot
pay rent. In addition TO tents for
families. the colony will have hos
pital, dining and entertainment
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

kANSAS CITY April 29--Cattle--Re-
top $500, she stock 25c to soc higher,
Gamers cutters, bulls, stock cows and
heiters strong 20 csc higher. calves 81 10
il5O higher, stockers and feeders steady
70 j bc higher, stock calves strong to sac
higher
Hogs-Receipts 500 generally steady.
fairly active, bulk desirable kinds $40 26.
@l0.3b, top Si0.35, bulk SlOOOGtiosB
$40 251lOS5 's
sheep.-Receip's none, for week. lambs
steady 70 stc higher. top $500, rhsen 2Sc
and soc higher, mostly 500 higher.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

OKLAHOMA CITY. April 2s.--cattle--
Receipts none, for week all classes higher
medium TO good yearlings ss.75dg2b,
heavy cattle around $500, top heifers
$3.50. good stockers and feeders 1850,
stock cows and helfers t37bnB00
Hogs-Rsceipts none, ateady on hoIs
overs. top 31o.05, bulk ss.s0Gl0o5.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
Chicago Produce,

CHICAGO. April 2s.--Butter--Lower
creamery extras Sgc, firsts S4h " Sbc
standards 8sc.
Eggs-Lower. be.bts cases. firsts 23hc
ordinary firsts 2i02lhc. storage packed
extras 2bAc
Poultry-Aiive lower fowls 2se, broii-
ers 45m55c, roosters Ice.
Potatoes-Slightly weaker. ~ cars, 10.
tai u. S. shipments 742; Wisconsin sacked
1870 a 300: Michigan bulk round whites
tI90Sso0; idaho sacked ruralp f2i0I
ais. New stock dull; Florida double.
headed barrels, Spnulding Rose No.
$500 q $50. No. 2 mostly $500.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

FORT WORTH. Texas. April aa.-Cat
tle--Receipts 1850. heeves t3b0a75o.
stockers ,S.25Q3.75. cows and heiters
ss5oa75O. calves s25O0sso.
Hogs-Receipts 900, light s0T5asss.
heavy S9.O0q05O. pigs fs00as'JO,
shesp--Sone. lambs ss.00aIlOo year.
llngs teO0gl20O wethers ss5od o. 90,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30
Foreign Exchange.

NEW YORK, April 29.-Foreign Ef-
ehange--stesdy
Great Britain--Demnnd 442A, cables
t.42%, 6D.day bills on banks $40.
France--Demand s,lsh. cables $40.
Italy-Demsnd b.29h, cables $40.
Germhny-Demand .35A, cables .sbh
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

of this oil industry Will steadily inn
prove, ana rightfully take its place
at tho head OF tho column. Since
oil Itself IN basic commodity
commodity that is needed more
than any Of tho other COMMODITIES.
and one that should be guarded
against promoters. aud against lrrc-
spOnsiblo traders and spectators"
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

was higher today ON covering OF May
shorts and local buying on the fIrmness
displayed in lard and grain. Closing bids
changed for new crop, Sales 400 barrels.
Primo crude 9.75 nominal, prime summer
yellow spot lilo. May li.ss. July 1l.6i,
September 11.b3, all bid.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

NEW YORK. April 2s.--The actual con-
dition ot clearing house banks and trust
companies for the week shows that they
hold sls,4ii.s2o In excess Of legal re-
quirements. This In an increase of 49,
b4i,550 from last week.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

NEW YORK, April 2s.-Liberty bonds
closed shs ee;io, first ~ se.s., second
third AIS ss76. fourth AIS esS?. Vie
tory 3as 10000. Victory AIS 10O.s2.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

s.NrW ORLEANS, April ?9.--co,ton--
~, auiet and unchanged. saies on the
,,,Isc middlinE 17.oOc. good middlins
'''se. Receipts 1f,t5t. stock 227.s0i.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

WICHITA. Kan. April 2e.-Hogs--Rs-
ceipts 800, steady. top sio.l5. bulk 5000
Q10.1B.
Cattle-Receipts 100. for week butch
er cattle strong TO CSC higher. top ts2b,
stockers feeders and she stock steady 10
strong, top 1890. calves soc higher, other
classes steady. active demand all classes.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

kANsAs CITY, April 2s.--Cash wheat
az. hard sI.290Lts, No. 2 red si.2s-
y,ls,nn ,Slss,nENo =. white t5.a5shc. No. !
''ooow Sic. No. 2 yellow 5shc.
,;X.s-No. white 800, No. 2 mixed
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

KANSAS CITY. April s9.-Eggs-Ons'
half cent lower. flrsts e2i3c,
Butter, poultry aud potatoes unchanged
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-30

Closing bid and asked price for STAN
dard OIL stocks on the New York curb for
saturday, "a reported by Houston, Flble
A. co. Ril Asked
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-17
Policeman Censured
For Clubbing Prisoner

London, July ia London police
court judge rebuked a policeman the
other day for clubbing prisoner over
the head before arresting him. He
did not censure the policeman fol
striking the man with his club, as he
was violent, but for striking him
over the head with it. He said the
policeman should have hit him over
the legs or on some other portion OF
his anatomy.
The incident serves to illustrate 8
striking difference between the com.
parative freedom allowed the police
in America in using force in subdu.
ing an obstreporous prisoner annd
the restrictions that are sought to be
imposed upon them here under SINH.
lar circumstances. And some other
differences, too. r.
The man who was clubbed, was
hailed before the police court judgs
on the charge of assaulting a police.
man who was trying to get drunk.
en- woman to police station.
The policeman said he was sur.
rounded by hostile crowd of about
200. Whitehead-the man who was
clubbed-struck him on the face and
body. In the struggle both fell tc
the ground and someone then kicked
the policeman in the ribs. The po.
liceman drew his club and hit White.
head, who was still showing fight
"just where I could reach him easi.
est"
In many of London's mean streets
hostile crowd batting a policeman
is. as common sight as in the Unit.
ed States it is a rare one.
Here the policeman carries a
'truncheon" which is by no means
such a formidable weapon as the Am.
erican policeman's club. And if he
hits violent prisoner over the head
with it when he ought to have hit
him somewhere else, he is apt to get
into trouble. Only when he is on q
very dangerous "beat" does he carry
a revolver. The rough who assaults
him ordinarily runs no risk what
ever of getting shot and very little
of getting badly hurt. Therefore he
is not afraid of "scrap" with po.
iceman, especially when drunk.
There is strong. feeling here
against arming the police and it must
be assumed that those who have au,
thority over them know their owl
business best and what is best fo,
the protection of the police.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-17
Selling Japan Her
Paintings and Curios

Toxic, July 15.-Japanese mer.
chants who made large fortunes dur.
ing the war and built themselves fine
homes in the cities of japan are send
ing to America and Europe for Japan.
ese prints, paintings and curios To
decorate them with. One New York
dealer at least has sold numerous artl.
cles which he picked up in japan
years ago for song and. which he
was unable to sell in America to these
new merchant princes at very profit.
able prices. or many years American
and European collectors searched ia
pan successfully for objects of ar
until nearly all the old works, Will
the exceptionof those in private col
lections and museums had been ex
ported. Now the. Japanese being un
able to find what they want in thi.
line at home are sending abroad fol
them. OF course they want the rea
articles and generally something t.
match pieces which they already have
Articles for the tea service such a.
lacquer trays are in great demand.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-17
No Proof that Prohibition
HasIncreased Addicts

1t is two years since nationwide
prohibition went into effect. In those
two years the statement has frequent
ly been made that prohibition is, in
Part, responsible for the spread of
drug addiction. The New York Her.
aid has not found proof to support
this contention. The data gathered
has shown rather that there is no real
connection between alcoholic addiction
and drug addiction.
Some held the opinion, however,
that, deprived of drink, men have
turned to something else that, in their
estimation, may give them a similar
result. DR.. Royal S. Copeland, health
commissioner of New York, holds this
opinion, to a degree at least, for he
says:
"I think there has been more opium
addiction since the passage of the pro-
hibition act. Some alcoholic addicts
are now undoubtedly opium addicts."
In Washington Federal enforcement
officers, who naturally know some.
thing of the situation, assert that
there has not been a marked increase
in drug addiction since prohibition,
but that the liquor prohibition law
has served to emphasize the evidence
of the use of drugs.
On the other hand, high official in
the Department of Justice said to the
representative of The New York Her
ald
"That the increase in the use of
drugs is due to the liquor prohibition
law connot be proved. There Is not
the slightest bit of evidence to sup
port that theory."-From New York
Herald.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-17
Italy Controls Part Albania

Belgrade, Jugoslavia, July 49,
Italians continue to contraI part OF
Albania commercially, and the last
word has not been heard from either
italy or Jugoslavia on the subject OF
Albsnia; this is the opinion of Am
orleans here familiar with conditions
in Albania.
Political significance is attached. to
the fact that General Ali Risa Coloni
in company with some dozen othe,
Albanians, attended the recent wed
ding of King Alexander and showed
himself friendly to the Serbs. Dur
ing his visit Coloni concluded COM
mercial agreement with Jugoslavia;
he said also that he would return
here as Chief Of Legation, represent
ing the Albanian government of Tt
rama
Those watching the Albanian sit
uation insist there is struggle GO
ing on between Italy and Jugoslavia
to control Albania, with the Italians
still unwilling. to abandon their old
hopes of commercially improving the
country. ItalfanI among other
things, are Interested in securing
water-power concessions near Tirana
and drawing off the electric current
to,Italy by submarine cable. French
and English capital is said to be in
terested with Italian money in this
project.
The League of Nations is interested
in the development of Albania. At
the request of the Albanian govern
ment the Council of the League at
its last session decided upon vir-
tual protectorate for Albania, fin
ancial, economic and constitutional,
with legal experts to be appointed
by the League to advise Albania as
to the best means of establishing her
self on an independent basis.
A league advisor will lalso sit with
the Albanian government council. 1t
is thought that the Leagues ap-
pointees will include both an Italian
and Jugoslavian.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-17
Britain in Dire Peril

London, July 15.-Britain is de-
ciared again to be in dire peril. She
1sSdescribed' as in dangerous state
OF unpreparedness against air at
tack. Experts contend that London
could be laid in ruins from the air
within "a hours. Many facts and
figures are given by various news
papers to prove it.
Britons, the Londouers especially,
are told they should be so badly
scared they wouldn't sleep soundly in
their beds again until something was
done to set matters right. But the
stolid Britisher refuses to be scared
for anybody or anything. He rejoices
that it has temporarily stopped rain
ing and that the last two days of the
Ascot racing were gloriously fine.
But there may be serious trouble
brewing for the government over the
state of the country's air defenses.
Major-General Seely started the
trouble-as trouble is often started
hereby asking a question in Parlia-
ment as to how the country was fixed
for airplanes in case of war.
The reply of Captain Guest, the
Air Minister, was not exactly calcu-
lated to make nervous people feel
comfortable. He said that while the
country in 1920 had 1856 civil air.
planes fit for war, it now had only
83 and these were of % different
types. This year there are only 18
machines actually flying in regular
service.
The Air League of the British EN-
pire, which aims to do for the the
Air Force what the Navy League
does for the Navy, saw in the turn
affairs had taken chance to do some
effective propaganda work, and issued
statement of which this is the gist.
The total strength of the Royal Air
Force in these islands is IL squad
rons, of which percentage are skele-
ton formations.
No provision has been made to en-
sure that civil machines and per-
sonnel shall take part inthe aerial
defense fo the country in case. of war.
France has at present 126 squadrons
of airplanes and will have 220 squad
rons by the end of this year.
Behind this force she has at present
several hundred civil machines ear
marked for use in case of war.
The French aircraft industry is
turning out $50 machines per month