davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
LEGAL.

iPubished in the Tulsa Daily World May
:. rs. rs. 3, 40 n; IL, ~, a. is. T.
Il. !" 81 st' al. June j, ''lsas. World
Publishing Company. PubliahsrJ
ORDINANCES NO. a2s7.
and assess special taxes IN pay.
', men, OF the cost OF sowr~ sersirne''ps n,s.
as created and established by Or
dinancs No. 2issi and declaring an
WHEREAS in pursuanc. of tho pro:
visions OF the Charter OF ;he City OF
Tulsa. Oklahoma, and the statutes OF
tho state OF ohlnhoms for sueh case,
Tulsa did by Ordinance No, 2lse create
ana establish SEWER DISTRICT NO. lh
and after having declared 4 necessary
to construct sewers In said SEWER DIS,
TRIcT NO. isi, by the provinions OF said
Ordinance No. iisa. did on the 2sth day
Of October. 1921. let to comstoek -smed-
tract for the construction OF a certain
sanitary sewer In SEWER DISTRICT NO
wHEREAs. in pursuance of said con.
tract, said comstock .smedley company
have eonstructed a certain sanitary sewer
,n said SEWER nGl plsrhiGT No ISL .ssa "sa
sSssf fSss's ana d'a the pG soNra coSS..ons1. Con- @
of wTrfsss VI fIy Of Tu,a ,ar,ssa ssa pur.u.oc.
tho statutes OF the State OF oklahoms.
aforesaid, and under the terms Of the
Charter of tho said City OF Tulsa, Okla.
hoinR, It 10 deemed necessary by the
BosId OF Commissioners of tho City OF
Tulsa TO levy and ASSESS . special tak
upon the property liable TO assessment
In skid SEWER DISTRICT No. lsi. by
reason OF the construction of said sewer
and To pay for tn. snme; and,
WHEREAS, the total cost OF the con.
struction Of said sewer In said SEWER
DISTRICT NO isl. including extras. have
been sscertsinsd and is hereby declared
to be the sum OF 2s.sSs.s0. ali Of which
IL TO be levied BY special assessments
against tho lots ana parcels Of lana
benefited by the construction OF said
sewer IN said SEWER DISTRICT NO.
ls1; and,
WHEREAS, all legal requirements have
been complied with TO authorize the levy
of tho assessments against said lots ami
parcels OF land so liable for the cost OF
OF said sewer In said SEWER
DISTRICT NO. is1, In the amounts here
Ina fter specified In section Of this or.
NOW, THEREFORE,, mn 1T Or
DAMNED ny THE BOARD OF COM
MISsloNERS OF Tho CITY or
TULsA. OKLAHOMA
there 10 hereby apportioned TO and lev.
led upon and assessed against the sever. |
q lots and parcels of Isnd In said SEWER |
DISTRICT NO. Is1 In the City Of Tulsa, |
Okla. so benefited by the construction |
of said sewer. the amounts respectively |
>" i"iy"s ~ "i.nnu .nn.ntn.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
New SCHEDULE ANNOUNCED
Summer Swimming Opens mt the Y.
w. Pool Under Revised Conditions.

w. FOOL Under Revised Conditions.
Come In, the waters fine!" is
the invitation to girls and women
from the Y. w. C. A. swimming de-
partment which on an attractive
bathing-beauty poster greets all
comers in the association lobby.
For the summer swimming sched-
ule for the Y. w. pool goes into
effect Thursday. Meaning that
henceforth the pool will be open
practically all day and every day,
except Sunday. The pool will be
In use from o'clock in the morn
ing until noon and from Q o'clock
In the afternoon until o'clock with
plunge periods and swimming
classes for all kinds from the timid
amateur to the enrolled Red Cross
life-saver. Children's plunge hours
Will be II o'clock in the morning
and O'clock IN the afternoon.
Either Miss Hazel Bell Best. head
swimming instructor, or Miss Mir
nm Phillips OF the physical educa-
ton department, will be on duty
constantly in the pool.
New bathing suits. new towels and
pool and dressing rooms newly
renovated await summer swimmers.
The largest number OF swimmers in
the pool last year on given day
was 500 and the largest number in
the pool at one time 95.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
Legion Plans n Picnic.

''In the spring young man )
fancy lightly turns to thoughts OF
pleasure" That proved TO be true
with Joe Carson post, American
Legion, at it's regular business ses-
sion Wednesday evening, for the en-
tire time was spent in planning for
pleasures and the most serious busl.
ness transacted was organization OF
a baseball team and setting OF next
Wednesday as the date for a wiener
roast and picnic in company with
the fair ones. The men were urged
TO attend, and get the public to at
tend, the Wortham shows to be
given here under legion auspices the
week beginning June II at Third
and Elgin.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
TraInmcn Rc-cIect leo

CLEVELAND, Ohio, May al
william q. Lee of Cleveland. presi-
dent or the Brotherhood OF Rallroa
Irainmen. today was reelected on
the first ballot for n term OF three
years at the triennial convention OF
the brotherhood now in session at
Toronto. Ont, according to n tele-
phone message received from Mr..
Lee by brotherhood headquarters
this afternoon.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
Child Killed by Automobile.

UKMULGEE, May 31,-Donivan,
3-year-old daughter OF Mr.. and Mrs.
w. B. Jackson, died In the city hos
pital today at noon from Injuries
received earlier in the day when she
was struck and run over by an au-
tomobile driven by G.. ID. Byington.
The child had been playing in the
street and darted in front OF the
car. The driver was exonerated
from blame by the police after an
investigation.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
ULSTER APPEALS
FOR ENGLISH AID
Reign Of Terror Said to
Exist as Result of
Warfare .
, IRISH ARE REINFORCED
Great Britain May Resume
Old Powers Unless the
Republicans GYe In

BELFAST, May 31.--The Ulster
cabinet today appealed to England
for assistance as result of .he
growing warfare between republi-
cans and Ulster constabulary on the
Tyrone Fermanagh border in the
western part of the province. A reign
OF terror prevails IN that district.
The orange residents are In flight.
Republicans are concentrating south
Of the Ulster line. The cnief trouble
zones are Gladly. Belleck and Stra-
bane.
A violent battle was fought near
Strabane, said dispatch from that
city at noon. Many casualties were
reported. The population of Lifford
Is said 20 be in flight.
, LONDONDERRY, May al
Heavy firing was reported today
from the southern part of County
Donegal.
Regulars and troops OF the Irish
republican army are combining their
forces along the frontiers of Ferma-
nagh, Tyrone and Donegal counties,
LONDON. May 31.--The threat of
Great Britain to regard the Anglo
Irish peace treaty as having beerf
piohen ana tahe DhcR ner CIVIL and
old military authority in Ireland,
was made In the house OF commons
today.
Unless Eamonn de Valera signs
the declaration set forth In the irish
treaty, then Great Britain must re-
gard the Anglo-Irish treaty as
broken and Britain has the right to
resume her old powers in Ireland"
said Colonial Secretary Winston
Churchill In u statement to commons
on the Irish negotiations now in
progress hare.
Secretary Churchill was emphatic
In declaring that in the event OF
the establishment of a republic In
Ireland, Great Britain will occupy
Dublin" He explained that this
was the reason for suspending evac-
uation of British troops from Dub
lin.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
Grahunte Flyer Killed.

RICHMOND. Va, May 3i.-Wil-
liam A. Snyder of North Carolina,
who was graduated this morning
from the Langley field Photographic
school. was killed late today while
flying over his uncle's farm, four
miles from here. his single-seat
army plane going into nose dive
and bursting into flames when II
crashed.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
LEGAL.

owners OF me iots OF parcels OF land :
essessed may 81 sny time durins the spu
g. &C.. con;.cg,iye ;I,. n,,;c, r.,ss fo,oricE ,hs
pay to tho CITY Auditor OF the City a
Tulsa the 'uil amount Of the sssessrnept
.sv'sd ssS ss'ns, ,a,l5 s ,sIa ios, $40 ps
property from the lien Of such ssssss
b. sFSTr9s sSg.s., 70; 1; ss.
paper pubii.hsd 10 ruiss Gsisboma: ia
auted by Jaw shall b. tsIep ass ~
| earded ns sufficient notice TO all person
| interested In the ssstssmsnts hereby lev
SECTION 8. That sli orHinsoe.a a
parts OF ordinances In conflict With I'm
provisions OF this ordina nee. tnsofsr
SECTION Tha, an emergency exist
for the pteservation ~ the nrbiic hesitf
and safety, by reason whereof th,
~, passage. spprovAi .nd publica,ion.
pASSE1 Nnd The emergency clause rule,
upon 'eIera'.l, ana approvod thhs IN,
APPROVED this snd dsy o, May. is.i
II. y. NEwnLocK.
Mayor.
ROY GARBETT, tadfA
city Auditor. ,s5t
I. ]. UNDERWOOD. n. yai
CITY Attorney. -
Uubllahed IN tho Tulsa Word MAY ~
~ 2s 20 30. a. June I. and Q. Worl,
Inhllshing company. publisher
rEbERAL oil Sn.N ASWp5 nfIis REFINING, %
COMPANY. HANKRuPT. N'T I
Notice Ia hereby given that the prder
sale and sell at public suction. Tor cash
the plant o. the Federal oil spd R.nS
Fort Worth. IN Tarrant couuty, STATE o
Texas, the refinery Of said company In
Guiding the ree estate. build ms stiiif
reservoir. switch trnck. tanks drums
boilers. pumps, steam engine eieetri
generator, casing. tools gas engiues pne
any other property SITUATED nt said re
on ana Refining company IN the stat
nf Texas, that said property VIII be col
IN bulk or IN parcels aud subject. to IN
That on May 81. ie22, at 10 o'cIoe'
A. m. at tho Junior Refining company
ives, OF the city Of okmulgqe. stale o
public auction, Tor cash. TO the hsghes
bidder, subject TO the contirmatio o
s9Hn,1,y ,%lS h egs %sS.,s Of m II psrcs
ccnsistins OF a 9,oOo-gallon capacity sas /
olne ebsorptlon plant. which inslsde
steam pumps, pipes. steei tanks, dear
boilers, coil house. and sbsorber unlt' |
gasoline. and other equipment. slfiV
Th. undersigned will also otter for, sal 4
and sell at public auction. for cash, T.
firmatlon Of The court, on June s'pfsis
Federal oil and Refining company. "a
ST,sI"s e..es ana ons IKE ss rs"s hsy
property consists Of real estate ,boiis a
s,nrns. nSvs,; D,nss ,sns steam p"mn eensssss
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
BeIated Husband Killed.

Ell PASO, Texas, May 31.--En-
RACED because he came home late
from work, and, according to her
own statement. had been neglecting
her, Mrs. w. G.. Frazier early today
SHOT her husband, q city detective,
to death. l-.--'-
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01

SECTION ~ That tns assessments
hereby levied On each OF tho above men.
toned lots and parcels OF land are here.
by declared TO be lien upon such lots
and parcels OF land 20 tho same extent
as other taSes snd shall 90 collected
n nd enforced In the same manner Rs other
tanes In and for tho City OF Tulsa okla
hnma, are collected.
SECTION g. That .aif assessments hero
by levied shall he hivided into three t5)
equal annual tnrinllments cs suthor,zso
by said Statutes of tho STATE OF okla
homa for such cnses made an0 provided
that tho assessments shall bear interest
at tho rate OF eipht 80 per tentum per
ennum. p~ysble annually at the time of
tho payment Of the several tnsta llnents
Of tho said assessrnent from the date 81
ths taking effect Of this ordinance; that
tho fret ,nsiSilnent az said assessments.
together with the acrrped interest on tho
deferred tnstsilnenis shali be rsynbe on
the 18th dBy OF December, ia22. ana the
renn inins deferred instsilrrents with the
yearly interest on the unpaid ins'sllmerts.
shall be payable on the 18th Day OF De.
cember Of ench succeeding year unt,l all
shsil be paid.
Provided. however. that any OF this
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01

A fifth runner, mounted IN front,
steers a new sled when a handle Is
turned with either the hands or
feet,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01

Belgian engineers have invented
hollow concrete mine timbers filled
with sand for q cusMoning effect.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
A TEMPORARY Injunction aga

the rooming house at 1874 East
First street alleged to be run by
Curley Lemons and Fay Lemons
war granted Wednesday following
application made by Police Officers
sid Jackson and w. N Ellis that
two gallons of corn whisky was
found N a l5-gallon copper plant In
the rooming house.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01

MEDIA hoLi'lS tlled SUIT IN as
trlct court Wednesday against the
oklahoma Union Railway company
for $4,000 following an injury re-
ceived on April 20 OF this year when
she was thrown to the ground and
seriously injured while alightine
from a West Tulsa street car at
Fourth and Cheyenne.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01

DIAMOND JOHNSON. negro,
charged with the shooting OF Paul
Neal, also negro, near Fisher last
fall, was found guilty of assault by
n jury in Judge c. Hunts district
court Wednesday and sentenced to
80 days In the county Jail.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01
LODGES AND SOCIETIES

TULSA LODGE. NO. II. a. " a. v
Meets every Thursday; flra'
Thursday n. C. second Thurs
IN day, business; third rhyYsday
nHNA NJ. NJ; fourth Thursdsyi n. A
NNW Next meeting June ., y. Z
AVA Degree. y. m. f
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-01

OF c. II. Griggs, former city engineer,
and Carl Pleasant of the contracting
firm OF Tibbetts IL Pleasant and
two former city inspectors. John
Burton and Lem Newell. who are
charged with illegalities In the sewer
Job 1866, was continued Wednesday
before Justice j. II. Query until
June 7. This is the second continu-
ance OF the case. The first hearing
was to be held on May Is, but n con-
tlnuance was asked by the county
attorney,
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
GREATER SCOPE
OF ACTIVITIES
FOR THE j. 8. {.


Washington, Dec. An i""t ea'eu
&'02" or activities, Que paitia'y 20
iArScd responsibility put upon ~
legislation OF recent years anu pa 90.
/" use OF enc! sc"'! P'"ea -.
!ihdtSt'"t t'9'n JAM "
months were de.CrtD'd tuu"S ~
N"ii rfP"'l tie
t"!'ihiSS'o".
Togcth"' with its rSuaI WORK III lesu-
!at!"n OF railroad rates ana ser ~.
commission r'N'e"cd VPc' ''"'''
which II assumed some aeElte VI "C>-"
control OF "ailr"tGs during the SuHliie'
period Of emergency accustomed oS inc
G"un!" strike III the coa4 mines ana III
IL" railroad shops. presented sun les
Of results in l'S HnpcTN'S.'" III an Ga"
securities: aid i"recAs " III" ""'IooN i"'
final CONCLUSION OF me Pio'i"c.'u se.
t"m"EtS OF hih"@'t! n''oun'S
ne ToNcFhmeht ana 'he ram "''Ns
M: cut or the tc"t:"' c"''"o' uu''"s LAC
war.
LIS major action III The rate fixing
field. The report said. was the 10 per
cent reduction in freight charges or
dered last July.
..,j,,irc.,ry RI. existiur rates are no
Iorrar Interfering with tn. free flow Of
c,r,,,ar.a .e , u.b,Ie th. reDort sail
"Thn tonnage ncyipg has been stea d.. .
irrraosinrr in recent months Little OPP
ror,rri,v las nee,,. dcd ,for determ!-
r,.in,, of Tho orrc,, Of the reduced rate
80, ,,,,,, w. nc, ,,rrirr, ~ carriers
l,,o,,s ~ rroirb, concession and other
100 - ,;. ~, ~, io;, ta,., ra,,,lted
".''' '.,'' , ,,ri'.n ,,'n .bonmnr.e
'.u '"'"e tU1' ','So,
So NJ '''"
the report reviewed no" 'ie commits ms
s.on' 10 meet the neha'lhE uo'Hest,
and inluStr'a! consequences OF me
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08

nots Central and Chesapeake q OHIO
railroads. the commission said. hadg1Ven
"eaCouraeing indications" in the field OF
railroad finance by demonstrating that
sn4w capital could be secured Tor thelr
pvnansinnS by issuance or STOCK, lnsteao
os by Increase Of bond indeb' edness.
Discussing the reimbursement OF rail-
rnads which incurred losses In opera
tions. during the first six months alter
their return from government TO pri-
vatc control, the report said that NJ
to October 81, last. total payments OF
S45OO73O45 on that account had been
authorized from tho treasury. sums
stiIl payable to the carriers. who were
guaranteed reimbursement Far such
losses, the commission estimated az
sS5926.0O0. The report also expressed
tho conclusion that the further loans 20
railroads, authorized by the transporta-
t!cn act, would not involve much money.
Reductions in It's estimates for appro-
nrintions. made by the bureau OF the
budget, occasioned< the commission TO
recommend formally TO congress that
amounts be given T. "suffc!ent 10 meet
cur absolutely necessary requirements.
For the current fiscal year. It's appro-
prlations were s5,045,65o, the commits,
zion said. and for next year. II Wou'h
require $5.20i.5Oo. though the budget
director had recommended that the
amount be reduced to s4.4s4.50o. with
this smaller amount the report said. the
commission would be forced to defer
or greatly restrict work"
Congress was further requested to en-
act legislation &C make Il criminal 20
hribe railroad employees to give prefer
cree In car SUPPLY y increase use OF
all-steel passenger Ars by railroads;
and TO clarity sections Of the existing
Transportation act in relation to pro-
posed consolidation Of railroads.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
IRON REVIEW


N,T cork. Dec. The Iron Age, IN
Us weekly summary Of the IRON and
s;crl trades. lomJrrow. VIII say:
The Week has I.,n marked Icy Il burst
Of activity ~ p;s iron in Scsrru! dis
iricts Jpart from thu, f.a~t. notably At
. trvtrrI. prices rlyinw way To- an extent
!:G.rn''r,. that l,u;h huyrrs and sellers
are feeling for thu bottom Of the mar.
h,t
Ia .hr South a round tonnage WA
placed ~ 81, but SIS HOW prevails, as
!: did hrtur, IT,, - concession WI
iuad, Tho naming If $3j as the Ia
Ir:cr M the Detroit district found quick
reSpou~o and stlcS there aggregated 90
ard f;ruac" interests
There VAS .ti~r liberal buying at Buff
I.Go al So. but pric" concessions ~
Cleveland dcNrlupcd little business. \
fair yuumc Of orders Was placed Al
it;sJUrgh the declines ranging from
5. ON basic 10 81 and 81 81 on foundry
trades
November pig iron oUlput was the
largest since November. 1890. at Isis.
1u3 tons in the 80 DAYS it averaged 81
go tons a day lrai!st @.63G.Ni4 tons in
October. or S5.ug. tons u day. The in
crease was over II per cent The mcr.
chant furnaces mRdc IN" surprising
gain of 5000 IONS a day over their 90
,ohcr rate and are NOW producing 10000
tons a day more than in August. all in
crease OF about 10 per cent in thrc"
months tn" net gain in ac'i:e fur
naccs last month was q. The total M
december /. was az, with a daily ca
pacity Of s7.l35 tons aGa!ns, S7.g$G tons
:; day for @IS furnaces on November /.
Fig iron product ION Is now at u yearly
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
FoREIGN EXCHANGE

\rw York. Dec. 7.--'o"ciEn eNrhI"co
trrrgui.y. Great Rri'aiu, demand $50 - ::
cables. sGn. Gu-day bills on hauhS.
49,, France demand. 7.oi'9, cah.rs.
7.oa'. italy. demand. 4.g1 y. 'hi"s
iaS Belgium. demand. 6.fS; cables,
.G.!EI2. Grrma,v. Demand az; cables
II SIS. Ho!iaDi demand. &@.SI, ca
E8es 31gn Norway. demand. 1872. Sw"-
dew demand. ears denmark demand.
% 5" Switzerland demand. 'HS?. Spain
drmand. 1881 Greece, demand. PC. I'"-
and, demand. fTA, Czecho-S iovakia
,crnand. BIS. Argentine. demand. see
I;ra2U. demand. 1881. Montreal, 20 63-6i.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
DRY GOODS.

New York, Dec. 7.--Cotton goods
were quiet to-day and generally firm
In all lines except gray clothes for
Yarns wer" barely
stcady.I Wool goods markets helI
steady with trade scasonably light in
mill channels. Underwear lines were
selling more freely for future delir
ery. Burlaps held barely sctady.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
TOLEDO GRAIN.

Toledo. DEC. 7.-ClOversced, prime
cash 1890: December $3.50; March
sl375.
Alsike, prime cash S1o.65; Decem.
Dor sl0.65: March S11.00.
Timothy, prime cash $40; Deccm-
Der $40; March $3.50.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
OFFICERS RE-HLEcTED.

!. =,
St. Louis. Dec. All officers OF tho
American Petroleum institute were re-
elected this afternoon. They are Thomas
A O'Donnell. Los Angeles. president; K.
D. Benson and II. l.. Doherty. New YORK:
and J. W. Van Dyke. Philadelphia, vice
presidents; L. +. Sinclair. New YORK.
treasurer and r. l.. WEIGH, New YORK.
secretary.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
CHICAGD GRAIN


Chicago. Dec. 7.--Tovrra,'al rains in
terIer.ng with the harvest IN Argentine
led TO higher prices for wheat today.
! no market closed firm at = cents TO
!, cents net gain with May S'l6~ to
$l.lGa4 and Juiy $i.UHis To $l">i.. cora
finished !. t. H.. up. oats at - {" !. q
y conts advanr" and pr"'!7.o"s var! .hs
from unchanged figures to rise - >
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08
CLOSING PRICES IRREGULAR WHEN
PROFIT TAKERS GET INTOACTI0Y

Days total sales, 95S.0UO
shares.
Twenty ipdustrlalS aver
aged $40: net loss -.
High 1922. lO3.45: low rS.59
Twenty railroads averaged
S4.f2: net loss .OS.
High 1922. $500: low 1913.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-12-08

New York. Dec. stock prices
enjoyed another vigorous advance IN
the early part Of to-day'S SesSlou but
the arpidity Of the Else induced CON
siderable profit taking and short set
ing in later dealings with the result
that closing prices were Irregular
but mainly higher.
While dealings were on q more eX.
tensivc basis than earlier in the
week. trading was almost entirely IN
the hands OF professionals. Outside
news developments had little effect
on the course OF prices but sentiment.
no doubt was iayOrably Influenced by
the report Of Secretary Melon. which
was generally regarded as a oulliSG
factor; the further strength OF Ster-
Iiag exchange. increased PIG iron pro
duCtiou. higher car loadingS and the
better tone Of the latest earnings
statements OF industrial companies.
Spectacular Gains.
High spriced dividend paying shares
provided the most spectacular gains
May Department Stores being push
ed up more than 10 points to l5t%i.
then falling back at the close Ia
1l2l., where it represented. ~
gain OF 5& on the day. Gains O. 81"
TO 8 points also were made by
Kresge. Woo,wOrth. Tidewater Oh
and PiSsley WiSgley
Railroad shares again Jagged be-
hind the rest OF the list. Great North
eru preferred having another sinking
spell. dropping TO IS but rallyinG At
the close 10 794 10 a net loss OF Us
on the day. Northern Pacific drop
ped TO - bur closed al I6i2. the
best price OF the day and L above
last nights final figure. Other
charges IN the real group were unim'
pOrtaut.
OILS Are Strong.
Oils were couSpicuouSl% strong IN
the early part q. the session. St&nd
ard on OF New Jersey crossing 2P2.
Pan American \ touching zoos. IN"
r 952, and Mexican Petroleum PAL
but these gains were either material
Is reduced or wiped out by the clos
ing realizing sales. New Jersey
closed At 1885,. up |: Pan American
A. at SS Oft IL: the b. at 80. OF
II. and Mexican Petroleum. al
235Is up =. Producers aud RetIners
and CosdeN offered bettered resist
ance. the former closing at net gam
OF ~. and the latter at a net gain
OF IL.
Tobacco Products \ improved ~
on reports Of higher earnings, otEet
tobaccoS rising III sympathy
United States industrial alc0ho'
reached 81 on reports OF diminish
Cd floating supply Of the product. ou:
fell back later to 6&&,. OF m = on
the Gav. Announcement uI higher
tub, ari.a, D, the B. +. Goodrich
COMPANY found reflection IN -,
po.ut SEN n the common and A., IN
the preferred.
StuGebaker Action.
StrGeraEcr was again active itourE.
;ng ~. or IS points above IFS -
cent low. but dropping 20 lSo32. OK
,. on iEc Way. at the close hudson
Motors established dew high peaN
rsi.c II @i7s and Uu?p duplicated It's
previous high o! -, Baldwin. |. :.
steel md Corn Products were quit"
gctiya &,t ualy trdc,lonaliy higher On
the Gay.
Cal! money he'd At = PEI cent
thrcugroo, the day The time none!
and commercial paper markets were
uuie; witt no change ~ rates.
More now hica records for the year
we're made in the foreign exchange
= o