davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Amarillo Country Coming
to the Front

/ AMARILLO. Tex, April 22.--The
Aolms Mcllroy and McGee well
nown as McGee &C Co Smith
fapers No. /. Hutchinson county
Tnas. was drilled in a gusher Sat-
trday morning at 2,S25 and oil
flowed over the crown block.
The well has been watched day
BID night; for throughout the pam
handle field, excitement Is running
higher In Panhandle City and ANA
kllo than ever before.
u The well was Immediately shut In
valting the arrival of absent Of
cihls, and due to the fast work of
D, drlllers an estimate of the pro-
Esson can not be arrived at but Is
kAtgsht to be large.
This well is four and one-half
niles northeast of Gulf Production
operation No. 2 Burnet. located In
aison county and which has been
the producer class over a, year
nd has been awaiting storage. The
caal production being known only
gulf officials.
The McGee well Is located on a
lVO-scre tract out OF the Smith
banch Iof $3.50 acres. All land In
bis section is controlled by inde-
bsndent operators and individuals
ste land on which Gulf Producers
located Is owned by S. Burk Bur-
tst and has been leased and is be-
1ls drilled upon by the Gulf. Silk.
I,1as and Humble.
All Of their wells are at very in
ttresting depth and are expected to
Be completed within two weeks.
Panhandle and Amarillo have
Sbeen preparing for the expected
Push Of visitors for many months
and Il Is thought that the incon-
'eniences of other oil towns will be
avoided in this field. S. d. Nc
Troy W. II. Holmes and Harry T.
ltGee are the owners of the
gusber;" the first two named are
Old Klondlke gold field operators
while Harry McGee is well known
as successful oil operator.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

wildcat test IN the southwest Of
32-23-2w The Browne-M orris
test is on land owned by j. ID. Butts
OF Cherokee. Okla. and on a block
of some 1900 acres assembled re-
Gently by Browne.
This district IL considered to be q
southwest extension OF tho Bliss
Tonkawa and Billings fields. The
contract calls for depth of 1850
feet II necessary 10 go that deep.
In the Canadian test, one and a
quarter miles northwest, the Pres
ton, Okla, Oil syndicate had n lO,-
100000 gasser at 300 feet and a
showing Of gas and oil at 1.340 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Drilled Through Mississippi

PONCA CITY, Okla. April IL
The Peters Finance test I'm the
southeast S-27-6e in tho western
Usage, has drilled through the
Mississippi lie at S,3i0 feet and /.
now drilling at 2,370 feet In black
shale. This is two miles north OF
the producing Hickman field and
Is considered one OF the most im-
portant tests In the western
Usage. IL will be deepenel to q
point whore the white lime T.
reached before work viii De
abandoned, provided a producer .l
not found In the meantime. This
test failed to get the sand at the
same depth whore the big produc-
tion is being found IN the Hickman
pool or about 1900 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Wiidcdtters ActiUe Across
Oklahoma Line in Kansas

BLACKWELL. April 2t,--South-
ern sumner county. Kansas. across
the oklahoma state line. may get
the next big play, Many OF the big
companies are acquiring large blocks
OF acreage and paying five dollars
for IT, II. L., spencer and the Black
wen OIL y Gas company have a
4.000-acre block about half way be-
tween Hunnewell and South Haven
on tho cast side of tho Santa Fo
railway and "a miles northwest OF
Blackwell. They are drilling the
only deep test In that section of tho
country. Ii is 25 miles from pro-
duction as the crow flies and In
strictly wildcat territory. The loca-
ton IL on n dome OF tho largest
structur, In Sumner county. The
total depln OF the hole Is 2.025 feet
and at six feet Ia there liz showing
for oil with gas, that leads to tho
belief that production will be had
by drilling IA few feet deeper. The
gas * of high quality and contains
"a high number OF British thermal
units. Tho TEST is located on the
irwin Knox farm, In tho southeast
of S-35-lw. w. II. Nelson and other
wichita, Kan, oil men are inter-
estcd with II. J., Spencer and the
Blackwell oil ~ Gas company.
Ray Ostot, Blackwell's noted wild
cater, has entered Cawley county,
Kansas, by securing IA block OF 1900
acres northeast OF Burden. This
acreage was taken under recon-
mendation OF Charles &. Lewis n
geolist of Arkansas City and Thomas
Day OF Bartlesville, Okla. The first
test is to be drilled 2.S75 feet un-
less paying production is found at a
lesser depth. The block will be
thoroughly tested and IL there ia
oil on It, 1t will be found. The fret
well must he spudded In by June /.
Cowley county is attracting the at
tention of large operators on ac-
count OF the recent discovery or
oil In several tests.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
HaynesUiIlc Pool Outlined
to North and West

The west extension of the Haynes
vile, La. pool was given severe
Jolt when the Wideman test in the
southeast of the southeast OF Sec
ton 1S-23-S, three quarters Of a
mile ahead of production to the
west, came in dry in the regular
2,S0O-foot sand. This duster offsets
the Standard Oil Co. of Louisiana
good we'll in the northeast OF the
northwest of the northeast OF
19-23-S.
Wldemer but recently completed
another failure. a north offset to the
Big Gladys Belle well in section IS
23-S. These two busters seem to
mark the north and west edges of
the Haynesville west extension. Pro-
duction in the Haynesville pool has
dropped down to $4,000 barrels per
day, actual gauge, the last few days.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
World Famous Corn
Painter" Dies in Los
Angeles

Alfred Montgomery, internatlon-
ally known as the greatest corn
painter the world has ever known,
and one OF the famous artists of the
age. died Saturday at Los An.
geles hospital, after a short illness.
He was SIS years of age.
Mr.. Montgomery was well.known
In Tulsa oil circles, coming here
two or three times year to paint
the natural beauties of Oklahoma,
and also TO place his paintings
among the wealthy oil men. lie is
survived by a widow and daughter,
Gloria Quayle Montgomery, who re-
side at Los Angeles.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Wilcox Sand Test in the
OndDu Gas Field

The Iron Mountain oil company
and others set long string of 10
inch casing at 1880 feet in their
test in the northwest corner or the
east half of tho northwest OF 33-
1ln-l7e, McItosh county.
This well is being drilled for a
test TO the Wilcox sand under what
is known as the Onapa gas field, be-
tween Eufaula and Cheootah. they
expect to pick up the Wilcox sand
between 5000 and $500 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Hiram c. Wilson Making
Rapid Progress in
BristOU TerrifOYy

Hiram C. Wilson has a rig up and
moving in tools for his test No.
on the Harrison farm. located in the
southeast of the northeast of the
norehwest of 14-16-S. north
west OF Bristow, and in the Catfish
Anticline territory. The test will be
watched with great interest by all
producers.
In 36-16-o Mr.. Wilson is
drilling his test No. 1 on the Frank
Gooden farm at 435 feet. This test
is located in the northwest of the
southwest of the northwest of the
section and completes the chain Of
oil derTicks surrounding the city of
BristOw.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
MidiUest & Gulf Co.
Operations

It has been rumored that tho
Garrison No. /. 2-10-9, Okfuskee
county, near Okema, was drilled
deeper, but the report is entirely
erroneous. The company has never
drilled the well, which was brought
In on the first OF February, any
deeper since March 81. 1t was
drilled from three to five inches
deeper at that time. This well Is
doing approximately 27O barrels ana
has been at that capacity, for some
time. They have a nice showing OF
oils in black shale at 3,740 feet,
Sterling No. /. 1865, Cowley
county, Kan. Work on this well has
been shut Down temporarily on ac-
count OF pipe trouble. A..
In connection with the first Wen.
the company Is at the present time
drilling No. 2 Garrison at 45O feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Ticker Done

NEW YORK, April 22.--Sinclair
Consolidated OIL Corp. No. Z, Bur-
bank pool. two feet in the sand.
came In flowing naturally 1900 bar
rels a day.
A. c. Bedford, chairman Standard
OIL Co. OF New Jersey. denies that
any agreement has been reached be-
tween Standard oil and Shell Trans
port & Trading regarding market
ing OF refined oil products In mar
kets of the world. There have been
no discussions on this subject hea ded
Agreement was reported to have
been closed in London news advices.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Ponca city Man Starts
Important Wheat Test

PONCA CITY, Okla. Aprjl o1
lenry browhe. well known farm
er living west OF Ponca CITY and
william Morris. a drilling contract-
or. have the slush pond comnletsd
Tor wildcat test on the souibeas,
OF the northeast OF 12-22-3w on
the Garfield-Noble county line. or
ABOUT two and a half miles south.
west of where the Phillips Petrol
cum company recently started a
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
KleUer Test a Failure

+. l.. Klewer and associates, drill
ing in the southwest of the north
west of 15-14-17, Muskogee county,
have a hole full of water at 1901
feet, and will plug and abandon.
A good show of fine gravity oil
was found at 1926 feet, the sand
being IL feet in thickness, but not
enough production to make COM
mercial we'll.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Gibraltar Starting Test

Tho Gibralter oil corporation and
others are rigging up for No. on
the kizzie Sullivan farm. in the
northeast OF the northeast OF the
southwest OF 2-12-11. This test is
being made IN very likely-looking
territory and will be watched with
interest.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Garter Drilling Deeper

The Carter Oil company TONED
the Wilcox sand at 1896 feet and il
now drilling deeper at 3,610 feet. I'm
the test In the northeast OF the
southeast OF g-16-s. Green farm,
They have "A showing OF both oil and
gas In the Wilcox and are deepening
for general results,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Prdirie-Linia Test at Top
of Butcher

The Prairie Oil & Gas Co.-Lima
OIL Il Gas Co. test in the southeast
of the southeast OF 13-15-7, is now
at the top of the butcher sand at
S.192 feet, and they will have to
under-ream rs feet and set the 6-inch
casing Mt this depth before drilling
in. This is an old gas well drilled
deeper.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
klingeRsnifh h Has ShoWing
for q Producer

klingensmith and associates have
a good showing OF oil and gas In 60
feet OF pay sand topped at approxi-
mately 2.2OO feet, In the northeast
OF the southeast OF 32-l6-9, east OF
Bristow. They are still drilling,
however. and viii get the butcher
sand about the first OF the week.
This well vs. watched with consider
able interest as the formations have
lined up well with those encountered
In the O'Rourke producer.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Sdrtain and Others Hare
Another Well

Sartain and associates have n 800.
barrel producer In the butcher sand,
In No. 2. In the southeast OF the
southeast OF 21-l6-9.
Sartain and others No. 2. COM
pieted some time ago. is still produc-
Ing $50 barrels per day.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Sinclair Gets Big Producer
in the Burbank Pool

The Sinclair Oil & Gas Co. yesler-
DAY completed a l,500-barrel pro-
ducer in the regular Burbank sand.
In NO. in the northwest OF the
southwest of 29-27-6.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Operations of the Waite
Phillips Company in
BriSt0lU District

The Waite Phillips company re-
ports on No. ., Posey northeast OF
the southeast 27-16-9, Bristow dis
trict, the top of butcher sand was
found at 1855 feet. They have
drilled several feet in and 1t looks
like a 500-barrel we'll as IL stands.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
New Supply House for
7Onkdra

Tho bridgeport Machine company
Is opening a new store at Tonkawa,
which viii he open for business by
May first. Tho new shop will carry
u complete stock OF fishing tools
and swan undcrreamcrs.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
South of DepeU

The Prairie Oil & Gas Co. is drill
ing at 1900 feet in the northeast
of the southwest of 25-14-7, south
of Depew. having passed up 7,000,-
900 feet of gas at 1920 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Winemilier & Baxter Get
Small Well at Mounds

Winemiller & Baxter have COM
pleted n 25-barrel producer after the
shot in No. in the southwest of
section 12-16-t2, east of the town of
Mounds,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
BristOp Fast Getting All
the Essential for a Real
Oil Center

Special to The World.
BRISTOw, April 22.--Operations
in oil fields surrounding Bristow
continue at full speed with a num-
ber OF new wells brought In TINS
week, many new locations maze,
several pipelines being Installed "a
care for the increased production a
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Failure in Wilcox; Drilling
to the Deeper Pan

The Transcontinental Oil corpora
tion test in the northeast of the
northeast Of 24-16-9. is dry in the
butcher sand. picked up at 2,812
rect, and is now drilling on to the
Wilcox sand.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Giiiiiand Starting
Osuge Test

The Gilliiand oil corporation IL
moving in tools FOR n test, being the
second location south of the center
OF tho north line OF the northwest
OF 23-23-l0. Usage.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
MrsI nf Sllrk

The oklahoma Producing n Ro-
filming corporation Martin farm
test In the northwest corner OF the
southwest Of the northeast of "a
l5-9. is dry at 1856 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

northwest OF 102t-1w. Tonkawa
pool.
The Humphreys interests No. 10,
in tho southeast OF the northwest of
10-24-1w, is making 6,b00.000 feet
of gas from the same pay sand.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

Tho Southwest OH Field company
has q dry hole at ASIA feet IN 40
| simpson in the southwest OF th,
northwest Of 3G-l6-l3e.
CONTINUED on NEXT PAGE.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
kin'biey Completes Pro.
ducer in Okemah District

The Kimbley Oil e. Refining Co.
has 100-barrel well in the 2,lO5
to 2.120-foot sand. In the northwest
OF the southeast OF the northwest Of
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
Petroleum Has
TUO ShdliOU Gdssers

The Humphreys Petroleum cor
poration has 100000 feet of gas
In the shallow sand topped at $40
feet. In No. z, I'm the northeast of the
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

acre las Wanted--Will trade 40
drllins ae on structure near well
cellent INV INV at 1850 feet with ex-
fee, 6 ss.owings. for use of 1000
ltarned ~ easing. Casing to be re-
Complies, prepaid when well is
OIL Is s,ri ana paid for In cash II
VI & Css' Csc6' Write Barry County
'as Co.. Jenkins, Mo,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

1f-i0.1i. II will case off and drir
on down to the big pay found I'm the
great producers of the l1-1i coun-
try.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

stands,s ,su-Contract for string OF
Tools =, Tools. VIII drill any depth.
Aomlrs present two miles from
'H Usage sb73.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23
|0lL AND GAS
4 'es-supplies--Production, Etc,

OF eJsSIed to buy - Production
w,lls s acreage offsetting drilling
Rennss saaVorably located. Will also
conSIass slug., Tulsa, Okla.--Adver-
lisemen, drilling propositions. 51i
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

navy use, and delivery oil TO naval
vessels at designated points"
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-23

H. y. Macarthur Of the Barnsdali
company returned Saturday from a
trip to Montana.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-28
JACK KEARNS
F Up A TREE
Manager Finds Difficulty in
Matching Dempsey With
Worthy Opponent.

New York, Jan. 2S.-Jack Kearns,
manager of Jack Dempsey, said today
Promoter Tex Richard might be
k to stage a return mate be-
tween the worlds heavyweight boxing
and Georges Carpenter In
Europe next summer.
Il have not approached Richard"
Kearns said, but the idea appeals to
me as a way out of q most unusual
situation. Here I am with the best
fighter in the world on my hands and
l cannot find an opportunity to get
him in the ring with an opponent who
appears to have enough chance to-
draw a paying crowd. At least that's
the situation so far as matchmaking
talk is concerned by promoters whose
word and money is something tangible
to gamble on. es .
Il know there has been a lot of
talk about Dempsey meeting Wills,
Fulton, Brennan and others, but the
point is hat I have yet to have a
promoter come forward with a real
men.
A I have said a dozen times,
Dempsey is ready to meet anyone who
looks as though he would prove a real
drawing card. The champion is in
fine condition and could box a title
match with two weeks training il
necessary. He likes to box and is ready
and eager to get into the ring If a
suitable opponent can be found for
him.
Il am going to be in New York for
q week or ten days and hope to have
Dempsey matched for at least one
Dol before I return to the coast.
Right now I have no particular man
In sight"
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-28
ILLINOIS MEN
4 ARE BARRED
Ban Laid Down After Semi
professional Football
-. Playing
(By The Associated Press.)

Chicago. Jan. 2S.-Coaches of big
ten athletic teams were unanimous
today in praise of the action taken by
the University of Illinois athletic
council in disbarring min men who
admitted yesterday to participation in
a semi-professional football game aft
er the conference season ended.
Although three of the men ruled
out Of all future Illinois athletics
Crangle. Sternaman and Walquist-
were star members of the varsity
football and basketball teams. the
wholesale cleanup at Illinois was de-
clared by Coach Robert Zuppke to be
a good thing. Other coaches express
ed their intention of prying into al
action was taken as a forerunner of
quiet investigations to be made in
every western conference university.
Coach Tom Jones of Wisconsin de-
clared there was "a great deal of pro-
fessionalism among college players"
adding that if such q situation was
not changed. it would e h end
of intercollegiate games.
The nine men barred from future
participation in Illinois athletics are
Larry WalQuist. last years basketball
captain and mainstay of this years
team; Jack Crangle. all-western full
back in 1920 and honorably mention
ed this year; Joe Sternaman. brother
to the famous Dutch" and a quar-
terback around whom Zuppke had
planned to build his 1929 eleven;
Dutch" Kaiser. one of Coach Gills
best track athletes: P. T. Green. sub
stitute on this years football team
and slated for a place On next years
eleven. and Dope" Simpson. John
Teuscher. D. A. Milligan and F. J.
Gammage. all substitutes.
The western conference rules pro-
vide strict punishment of any tinge of
professionalism. although annual vio-
lations have caused considerable talk
of revising the rules to allow baseball
players to earn none IN h dia-
mond during the summer vacation.
University coaches are unanimously
opposed to allowing players to par
ticipate in any games other than
those of their own college. however,
during the university term.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-28
HAMILTON HAS AN
EASY TIME WITH
CAVALIER QUINTET
(Herald Special service)

Hamilton, N. D., Jan. 27.-In a fast
game of basketball at this place Ham
ilton defeated the fast Cavalier team
by a score of Is to 4. The game was
a fast n from start to finish but at
all times the local Quint a a little
the best of the game. The work of
the forwards was strong and the
guarding good, the result being that
Cavalier was unable to make a single
field basket and were forced to con-
tent themselves with fouls. 1t was
strictly speaking Hamilton's game
from the go in until the whistle sound
cd. A return game will be played at
an early date and considerable in
terest will center around the outcome.
The lineup:
Hamilton Cavalier
NJ. Anderson, IF IF, Jackson
r. Thacker. II If, Thompson
L. Burton. c c, Wells
S. Parks, re- re, Winlaw
E. Armstrong. lg lg. Koths
Substitutes Betchel for Winlaw,
Fennell for Anderson. Sandgren for
Armstrong. Field goals-Thacker, 1;
Fennell. 1; Parks, /; Armstrong, l;
Burton. 2. Foul goals-Jackson, 1;
Wells, l: Thoms son, 2; Fennell, /; Bur
ton. l; Parks, 4. u.
L.. Svoboda acted as referee and
rendered some close decisions which
met with the approval of the bunch.
Much credit is due Mr.. Svohoda for
the way that he has brought the Ham,
ilton quint up to form-they are all
regular broncho busters.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-28
Barber Shop League Gossip
BY EDWARD T.. MURPHY.

The first. workout the Reds viii get
at their training ca mp in Minerai
Wells will be to NIL up on an old
fashioned Southern "possnm 1an Ia
ter" SUPPER. The MinerM wells
Of Commerce H. 'arranKinT
the feast.
Evidently Irish Meusei is oualiaad
to give his brother Bob a few Hleason.
tnTthe matter Of Transforming whiie
2 of a championship cam.
BOD icked the wrong year to do IL.
out Irish read the rules and waited.
Manager cred Mitchell Of s4ha
Braves is glad that the baseballs to be
used in the National league next sea
son will not be, as lively as Last sea-
on's So are . lot OF innelders.
Hugh Duffy. pilot of the Red Soy.
hopes Herb Thormahlen. former Yam
kee. will. come through and win con-
ststently this year. Herb has shown
flashes Of being ms of the best south
paws in the American league.
Manager Jack Hendricks OF Indi-
annapolis will take his players south on
March 5. They will associate with
big leaRuers right on the bat. a. they
are booked to occupy part OF the train
which the Reds will head southwark.
Hendricks will train his men at Mar
lin. Tex. where the Giants trained
for several years.
The Cardinals will play two exhibi-
ton games with the Cleveland Indians
this spring. The battles will be staged
at Dallas on March IL and IL.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-28
DUN'S REPORT.

New York, Jan. 27.-Dun's TOM
morrow will a 90
Expansion of business, if not
wholly lacking still develops slowly.
The coolest weather Of the winter
at different points has Augmented de-
mand for. heavy weight apparel and
fuel, yet there Is a disposition now to
watch closely for gains which result
from other than purely seasonal in
fluences. Basic industries have h,td
most of the advance of"recent months
M in some instances have made
further recovery out rapid revival at
manufacturing establishments re-
mains the conspicuous aspects.
Revision of wages or increase OF
working hours to effect lower pro-
duction costs has evidently not been
completed and the expectation of rail-
road freight rate reductions persists.
despite the delays experienced. With
readjustment still to be accomplished
and various uncertainties present,
there is not unnaturally a cautious
and hesitant attitude in many quart
ers mi a reluctance to undertake
forward operations of magnitude.
Weekly bank clearings $685.
$4,000.