Newspaper Page Text
TULSA DAILY WORLD, SUNDAY, DECEMBER '81, 1922
WORLD MARKET PAGE
AS YEAR CLOSES
Conditions Favorable for
of Stock Prices
FEW OBSTACLES SEEN
Changing Economic nnd Po
litical Situation Abroad
Sole Restraining Factor
jjv no Associated 1'ren.
NEW YOItK, Dec. 30. Stock and
bond prices generally close the year
it materially .higher levels, which is
not uiily a reflection of the marked
Imi rovemcnt that has taken place in
l,u;tuM nnd Industry during the last
2 months, hut also construed by
f,inervntlvo Now York hanking in
ter' sis ns an Indication of still fur
ther progress in the coming year.
The year ends with conditions fa
vorable for a further appreciation of
commodity nnd security prices in the
Ilnan' ial community. Unfnvorablo
and unexpected developments in the
jioiiU. al and economic situation
alircad are genorally considered on
the only probable obstacles to arrest
the improvement in mo ousiness anu
financial world which began in tho
dimmer of 1921.
Tho prediction of further business
prosperity is based on successful
well-known facts. Foremost among
theso is tho easiness of tho money
market and the huge sums available
I lor criminal credit. In addition most
docks of merchandise aro low, rail
road traffic Is close to record levels,
exports aro Increasing tho principal
European exchanges aro heading
back to par, the European economic
situation shows signs of Improve
ment, and unfilled orders for rail
road equipment are the largest in
years. Other favorable signs nro
teen In tho facts that no big strikes
are threatened or ponding, a great
amount of construction work Is still
in arrears despite a record-breaking
year of a"tlvity in tho building in
dustry, automobile production
reached a new peak, which probably
Trill bo exceeded next year, while
Eisoline consumption has been the
highest Jn history and electric com
panies are doing a record business.
Sales of stocks durlrg tho year
totaled approximately 2CO.000.000
lhares as compered with 171, DUO, -COO
last year. 223.000,00 In 192 and
107,800,000 in the record-breaking
year of 101!t when postwar inflation
was at Its height. Bond sales this
year reached tho unprecedented
total of ' approximately J4.15f,
000.000. Tho widest fluctuation in tho stock
market took placo ill shares of tho
jitiintle Refining company, seldom
oValt in, which ranged from a low
of $000 to a high of 1',G7I, or JC7B
difference. Among tho active in
dustrial lssures Mexican I'etroleum
provided the chief feature, getting as
low as 100 si nnd as high as 322, or
a rango of 21G points. Approxi
mately 95 per cent of this stock has
been acquired through conversion ,
by tho Pan-American I'etroleum & ',
Transport Co., thu3 virtually remov
ing it as a market factor.
Among tho railroad shares Michi
gan Central fluctuated tho most,
selling between 156 and 330 or 174 1
points. Tho smallest fluctuation
took place in Alaska Gold Miner,
which sold between and l of 1.
nthA.. tnta.n.Mn ,iAi.i.innn.an. in tim
trMr mlxt .So (ha , Wl 1 1 r, nf
, . VI , . ! , '. ... ""-"""
siur k tuviaenas loiaung more man
two billion dollars.
While most industries showed sub
ttantlal recovery from nostwir In
flation tho number of failures during
the vear was tho larcest on record
mill tUn Vnlnma r.t HnUiilt it.m navt n
th loo... ,h ' u,.
'"'"V, ...... "u" r
isoor iruuuics particularly ine min-
ers- ana snopmon a strikes, also nail
I diwstrous effects, costing each of
'the principal railroad systems mil-
1 lions of dollars and even more to
business ?onerally. For the first
time on record there was a marked
thortago of manual labor, due in
Part to tho restriction of immigra
tion, whercaa in 1921 the number ot
unemployed was estimated as high
as 4,000,000 or 5,000,000.
crops with few exceptions were of
rocord size and the high prices
brought vastly greater purchasing
power to tho agricultural regions.
particularly the south. The foreign
demand for foodstuffs was not very
neavy until near tho close of tho
year. Exports as a whole wero the
smallest sinco 19 ID, although In No-"
vember they were JS9,000,000 over
tlise of November. 1921. and tho
mgnest since March, 19Z1.
Cotnir Lid an,l nW,1 nr(i nt iitnnA
rd Oil atoeks on the New York curb,
' reported by Strandbere. MeOreevy At
10! v 111
CO '4 t
. 4I 4H
Atlantic Itef.. com ....
Atlantic, Itef. pfd ....
JJorn-Scr?maer, new .,
Buckeye Pipe Une. ....
Cfucent Pipe Lin
lumwiand Pipe Line
Eureka Pipe - Line
Oi na fticnal, qom
'na Slinal, pfd ....
II. ! 'pipe Lin
Inniana Ploe Llna
J;'v Yerk Tranalt
J-M'Wn Pipe Line ...
r' inylvanli.Jloiloan ..
J 7 r' on & au
r rtefinlnir , .
r.Me Ptpe Uno
2"'ithern ripe Line ...
S'UM.rn Jia, oil
"'"'I ern Tn Pipe JJne
' r 'Md. Indiana
;i'lrd. Kentucky ...
J't lard, Ntbraaka, ...
f'tnard, N. Y
Jn & Flnrh
cinnlnc bid and aikl prlcea nf Id.
PfO'lent Alt atneka nn tha Vaw Tnrk curb.
reported by Strandberg, MrCreevy
9 Bid Aaked
"fnannae Natural Oaa
" and. com ......
pin Itock ,,
, - - - .
CHICAGO, Dec. JO. After touch
ing a new high prico recoid for tho
season tho wheat market this week
has taken a gonoml downward
swing, mainly as tho result of heavy
jelling, on the part of the holders.
Big domestic recolpts nnd lessening
of optimism ns to export business
did a good deal to bring about un
loading. Compared with a week ago
wheat this morning wan i-2o to 2
3-8c lower, corn varying from 5-Sc
decline to 3-c advance, oats down
1-2 to G-S to 1 l-4c, nnd provisions
up 12 to 20c.
With primary arrival of wheat
much in excess of thoso of a year
ngo and with prospects apparently
dwindling for any immediate en
largement of purchasing for Europe,
bulla found themselves at a disad
vantage. Highest nrlces of tho week
and of the season woro coincident
with a statement from Secretary
Hoover that an outflo w nf irnlrl
from tho United States was helping I
to restoro tno buying power of
countries to which tho gold traveled.
Misgivings about low condition of
the domestic winter crop counted
also an n bullish factor at the time.
The last half of tho week, how
over, witnessed persistent nailing on
a big' scale except in tho December
delivery which seemed to bo con
centrated In strong hands. Senti
ment at thla stage was poworfully
affected through bearish operations
forced by a leading trader hero who
contended that tho United States
has at present 92,000,000 bushels
more wheat thtin a year ago. Under
such circumstances declines were
difficult to check nnd oven nows
of warlike moves In tho near oast
was almost ignored as n market in
fluence. Active export demand
aided In upholding the value of corn,
but oats gave way with wheat.
Closing of spreads between lard
and cottonseed oil was more or lets
responsible for higher prices in tho
Chlovco Grain Futnree.
Wheal Open llluh Low Clone
Dec. 1.11V, 1.17 14 1.2S l5
Mir l.St 1.12H 1.S04 l.S2?i
July 1.12K 1.13V 1.13.
Dec. .T4 .75U ,7!;l .75H
May .71 4 .7214 .704 .7J'
July .70 .7!',; .70S .73
Dec. .42U .4li ,U .42
May .444 .45 ,44 4 .44
July .41 .42U .41V4 .42V4
New York Stocki na It f parted hv Strarid
brrg, MrOreevjr A. Co., Tului
High lxiw Cloiu
Ajar Itubber 13 1!',4 13
American Ar'1 Cr.em
Am. lieet Sugar . . . .
Am. Ifll'l Corp-.....
American lyico 13S
American Linseed 30
American fimeltera RSTi
American Steel Fdya .. 37 H
American sugar ,, 7Ti
Am. Sumatra Tob
Am. T. AT.
Atl. 11, & V. I. ..
llaldwln Loco ....
Baltimore & Ohio
Darnsdall "A" . . .
Uarnsdall "B" ...
llethlehem Steel .
21 "j :m
1 ID 14 138
Canadian I'aclflo 1I44 144S 144
Central Leather 32 42 42
Ches. & Ohio ,.J
C M. & St. J'aiil....
J. M. & St. 1'., ,pfd
-. it. 1. & r
3 3 i
106 104 106W
132 121 121
1S3H 132 132
,Quba.l Alt). SUSEr
general Asphalt .
Oenoral Motors .
Cireat Nor., ptd .
llltnoll. Central 113
I Inspiration Copper ... 3S'4
Int Mer. Marine, rfd 44'.
; international Nickel
I international rarer
I .a' '
Middle States Oil
Mo. Pacific, pfd ...
Montcomery Ward .
New Trk Central ..
N. & W
Northern Paclflo ...
Okla. P. A R
Per Mrijutt ....
Phllllpi Petroleum ,
i ilerce oil
Trod. A net. Corp ..
Preeied Sleel Car ...
I'unta Allerre Sugar
Itay Copper 1J4
Itepnbllo I. & Sleel ,.
ttoyal Dutch, N. Y. .
S. K ft Ban F
Sea r. Roebuck
Southern Paclflo ....
Southern Ky ........
Standard Oil Cal ...
Standard Oil, N. J. .."
Teaaa ft Pacific ....
Te. re. Coal A Oil
Tobaeco l'roduela ...
Transcontinental Oil .
United Hull iitflrea
U. 8. Ind. Aleohol ..
U, 8. Rubber
U. H. Steel
Vanadium Steel .....
VlrKlila Care. Chera
Wabh. pfd, "A" .
White Motera .......
Total aalea $M0.
11m liou 121
64 63 61
117 11SH 117
49 U'i 4i4
20H 90S 20
21H 3114 31
14 13S 14'.
13814 117, 1381,
79H 79H 79'j
nt tit nt
76 74i 76
CIS 68 68S
U'i Dili 86'
17S 106 10f'r-
f.l'i 64U fi
S6'i Si 31
31 34 31
34V. 24H W
C6K 60 60'
11114 11114 111'-,
fllle Service company Swurltlea.
neported by Henry U Dpharty Co
aecurltlea department, 419 Unity bulldlnK.
Tulaa, Okla . "!?,, "'.V"
- Ibnturea 11 .............
I Debenturea C JJ
H 1 Uetwnturea D !
m Rmnlee i per cent. pfd. al t .
' Chlcorn Produce.
1 CHICAOO DfC 80 - Butter Unrhanged,
it aj ' Kgga- t'nrhanged. rereii J vi3 fi
' l""rv-A:!ve )"Fhc- tami, iiuil
Z ft ng lle, r fa i-vf turkea 20e
4 l ' r
rts ) rs F - r- 1 41 c-r, f. a
13 I U a a.lP.u V 4ii c a.
MARKET ON GRAIN
Disturbance Blamed on
CHICAGO, Pec. ao.---Oraln mar
kets were greatly unsettled today,
breaking to a new low for tho day,
only tr) recover tho loss luter. The
uneasiness apparently was a renult
of the year-end evening. At the fin
ish wheat was l-2c down to l-4c up
with May J 1.22 5-8 to -4 and July
$1.13 3-S to 1-2. Corn closed 1-2
to 1 C-Sc higher; oats varied from
3-So off to l-Sctf l-4c advance, nnd
provisions ranged from 5t: loner to
Scattered liquidation was on In
tho whoat market with a continua
tion of procsuro from eastern longs
nt the start. Tho ensuing reaction
carrying the market above yester
day's finish, was caused chiefly by
Trado was on a broad scale and
fluctuations wijro rapid. At one
time May was off 0 l-4c from the
high of Thursday and July was off
4 3-4c. December was the most er
ratic In tho early dealings, touching
$1.23 on a break and then rallying
to $1.27. Tho ohnnges wero so fre
quent that at times th'ro was a dif
ference of 1 -2c' between trades.
About mid-besslon, however, busi
ness quieted down somewhat with
local shorts more inclined to tnko
profits and even up for tho start of
1923. A considerable amount of
export business was reported done
In .Manitoba?, with confirmation of
sales of 240,000 bushels.
Corn nnd oats showed pronounced
resistance to pressure and while low
er early, displayed strong rallying
Provisions were rather dull but
were affected nomewhat by the
strength In hogs.
NEW YORK, Dec. J6. Stock
and bond prices showed moderate
Improvement this week despite a
heavy volumo of selling to estab
lish losses for income tax purposes.
Foreign exchanges wero inclined
to case, first on tho decision of tho
reparations commission declaring
Gornviny in default on her wood
dellwrieu and then on the hitch
over the disposition of the Mosul
oil fields in tho Lausanne peace
negotiations, but not losses wero
Publication ot November earn
ings btntemnts, of tho principal
railroads which' comparo favorably
with thoo ot November 1921.
stimulated trading in rallroaft
shares, buying ot which also was
Influenced by the record-breaking
volumo of traffic for this season ot
the year. Tho year closes with the
steel industry working between
80 and 85 per cent of normal ca
pacity and tho trend of prices up
ward. Building construction shows
no sign ot abatement and orders
for automobjlu forglngs glvo prom
ise ot another record-breaking year
in thait Industry.
Cotton prices reached new high
records for the year.
An increhsq in tho prico of
Wyoming crude oil and additional
Increases in prices of rubber tires
nnd tubes attracted attention in
tho financial markets nnd were re-
70 I fleeted in higher stock prices. Mo-
iw tor nnd accessory shares were In
JJh" cllned to strengthen In expectation
lof good business nt tho winter
snows wnicn sian next inuiiiii.
High call money rates at the
end of the week were due to tho
withdrawal of $70,000,00 ,bv the
United States government from
ilocnl banks, nnd a large volume of
withdrawals by private banks and
Institutions to meet yenr-end divi
dend and lntorest requirements.
Time money and commercial paper
rates held stendy with the volume
of buslnoss light.
CHICAGO Dec. 30. llnye Ilecelpta
1,000. lOgitc hlnlier; bulk 31S to 300
paund butchere 13.40, bulk 160 to 310
pound averages 18 top 18. f5;
bulk packing enwa 17097 75; delrable
plm ni'iatly t7.7S91.00i killing claaee
17. SOWS. 73.
Cattle Itecelpla 600. compared with
week ago, beef ateera largely 60cSl
lower, extreme top maiurfl ateera 111 00,
yearltnsa scarce, beat younnstpra SIO.60,
beet cowa and helfere largely 60a higher,
bulla SSQ40C higher; veal calvea tl 00
rHl.60 up; atockera and feedera eteady to
6c lower; wrks bulk prlcea. bef atAra
t;.7Ctf9.:6; atockera and fetdere IS nifj
6.75; butcher ahe atork I4 40frs60. can
nera and cuttera 13.0093 60, veal calvea
Sheen Heeelpta : 000. compared with
week ago fat ivnoled lamba weak to 16c
lower; handy rhorn otferlnga largly
ateady. extreme tup wooled 'amha 316. f.0,
thorn lam!-a, bulk 113.76913 16; ffcd
yearllnjj unevenly lower; beat yearling".
113.00' fat ihep largely JStf7So higher;
beat aged wether 30 36; few ewea upward
to IS 66; feeding lamba ararce. ateady,
mostly 113.76014.60: few Ista 114.66.
ICunuia Clly Mvratork.
KANSAS C1TT. Dec 86. Cattle He
celpta 136 for week; beef ateera moet'.y
3Sc lower; top 110: hulk 17 COWS. It' fat
aha etock ateady to tile higher; eann"r
and cutter 10016c higher; bulla :e
iilaiior; bulla is,: higher; calvea :oc hlgn
er: atockera and feedera ateady, atoe
calvea and etoek cowa and helfera ateady
to atrong. ,
Hofa Iteeelpla 4.000, mostly 110c high
er; top 13.40, bulk ISO to 3-pound
averagea It 30 and I 35; packing ao-.n
ateady meally !? 60.
Sheep Itacalpta 600. far week, killing
elaeaea strong to 26c higher; Colorado
lambs 116.00; bulk fed lota II 4.36 i 14 16 .
rhnrn II' '."till 10. light ewes 17.60;
Oktnliomn 4'ltjr t.lveatoek
OKLAHOMA CITr, Dee 10 Cattle
Hecnlpti, none, killing cattle ttrong; top
...ind feed ethers 7 2S; rtoed to rholee
-owi 14 6096.00; helfera up to II 00
hulk butcher cowa 13 0034 00; bulls 13.60;
ealvea unchanged, atockera and feeders
Hogs Heeelpta 260, active, mostly 10c
higher, top II 06
I-tirt Worth I.lieitocU,
KOnT WORTH, Tes. Dec. 30 Cat-
tie Heeelpta 310, beevaa II 6007.00; bulls
13 0003.50; calves, 11.6097.00.
Hogs Heeelpta 100. light IS 1608.36:
heavy I8 004JI16; pigs It. 0034.60
Sheep Heeelpta none, lamba 17.60-
114.00) atoeker aheep I8.60(.IO feeder
lamba II SOeil.oo.
WICHITA, Kan.. Deo. . Hogs rte
eelpta 1.000 10 higher; top 16 30; bulk
Cattle ltcfelpta 100, for week butehsr
tears around ateady, calvea !6f50o high
er, atockera steady
I ICansns City Grain.
KANSAS ( r.T Dec IK. wheat cash
; haul It Ufd 1 No. J red II :i
. V 1 wt-'te (j , it 2 yt'kw
I ljav I - . i-.ged.
ON STOCK MARKET!
rl,,. Ol.nll o ..,,,1, i
alueS OliatieCl OOmCWliai
RfffVf Mnnn hv Wifln
N'nw A'nittr. Dff, sn f;,-ck
prices were bid up vigorously during
tho greater irt of today's half holt
any session ot tno inarKot tho last or
the year hut values wero "hailed
somowhat before jioon on extensixo
New high rcoords for the yenr
were established by North American
at 108 1-t. Kndlcott-Johnaon ctt
!)J 7.S. CftRftnn nt C 1 nn.l Htstvnrl
Winner Htwdnmptpr nt 79. Ihn net
tnlns belnir K-N. 1. s S-S nnd 4 .1-4
points, respectively. Studebakcr, clos
Ing at 117 already has made up more
than E points of tho 25 per cent
stock dividend which camo off the
OH shares were In active demand.
Standard OH of California cloied nt
121, a net gflln of 2 3-4 points and
Standard Oil of New Jersey, new
stock sold nt 41 6-S, up to 2 3-4.
Sinclair Improved fractionally Con
tinental Can advanced 4 points. Mll
lloi.son fllk Unproved nearly a point.
Hcccnt Incroases in tiro and tube
prices woro lcflected In a gain of
2 1-2 points In Kclly-Bprlngfleld
Other strong spots Included Westlng
houso Air Hrakc, American Express,
Dupont, Chicago & Northwestern
preferred nnd Market Utreet Hall
way second pteferrcd, all up 3 to
nearly c points.
Ati-hlson preferred, which dropped
a point was the only outstanding
weak spot although I,ehlgh Volley
were among tho popular shares to
register net losses on the davi
Foreign oxrhango business in slcr
ling franca nnd marks was quiet ne
ttvo with irregular and nominal
changes in rates.
Tile closing session of the year in
the bond mnrkot was featured by
another b'rlsk rise In St. Paul rail
road mortgages and furthor im
provement in United States govern
St. Paul general 4 l-2s sold at 84
3-8, a net gain of 4 3-4; while gains
of 1 to 3 points were recorded by the
refunding 4 l-2s tho convertibles
4 l-2. convertibles 5s. the general 4s
and the Puget Sound 4s. ",'00" 4a
wero pushed up 3 points, Chlnago,
Burlington & Qulnfty general 4s, 2
and Atchison adjustment 4s,
stamped 1 3-4 wHIlo Seaboard Air
Idnn consolidated Cs, Minneapolis St.
Jrtiula refunding Gs, Erie nnd Jersey
4b, "Katy" f,s when Issued, and In
ternational &. Great Northern adjust
ment Cs, all climbed 1 to 1 1-2
points higher. Profit taking in tho
so-called New Haven French 7s
which dropped 2 points nccounted
for tho only outstanding weak fpot.
Liberty 3 l-2a touched 101.20 up
20c but canceled their gain
before tho close Tho first, second
and fourth 4 l-4s registered not
sains of 18, 12 and 20c, respectively,
while tho new 4 l-4s were up fie
Other government Issues wore un
Foreign bonds generally showed
little change. In the industrial group
Gcrro, do Posco 8 climber 3 1-2
points and tho United States Steel Cs
one with the other popular liens
showing only fractional changes.
Tutul sales par value wero $7,096,
000. Cntlonired Oil.
NEW YOItK. Dec. 30. Cottonaced nil
etartod 1 to 4 polnta lower under cat
trrcd local aelllmr but aubie'iuently ad-vanr-il
on auppoit from reflnnrlea and
comnilaalon houaea on the flrmnefta 'n
crude oil and lard. Clnaln? blda.were J
to 7 net Metier, f.'alea 1.000 harrela Ten.
dera 1,600 harrela. total aalee for th
year 4.274.200 harrela. prime crude
9.12'4 (5 9.28c aalea; prima aummer yelluw
apot 10.1.0c; January 10.C3C, March 10,81u,
May 10.36c, al) bM.
NEW YOItK, Dec. 30. Uberty ton l
closed; 314a lOl.OC, aeennds 4a 91.21,
rir.t tWs 98.08, ioond 4'.ia 98.34, third
4.ie 8T04, fourth 4 Ha 98.94, Victory 4?i
(unrnlledl 100 31, United Statea traaaury
NEW YOItK. Deo. 20. Korelgn Ea
change Irregular, quotatlona (In cental,
Great Hrltaln Demand 4.63N.S cable"
4.68H. 60-day bill on banka 4.61 H.
France Domand 7J3, oahlre 7.3314.
Italy Demand C.09, cabin 5.09 4.
Germany Demand .0139, cablea ,v!40.
Vrv VofU .loney.
NCW rollIC, Dec. 30 The actual con-
dltlona of clearing liousa banka and
trust companies for the week tflve days)
ahowa that they hold 124,343,130 In ex
cea of legal requirements, Thla Is an
Increase In reserve ot 16,064,000,
, Ksns City Produce.
KANSAS CITY, e. 30. Hutter
Poultry Heavy hena lo higher,
Former President KajH Resolution of;
Congi-cr'a tiuvo lllm Ileal
WASHINGTON, De- 30. -Wood-
row Wilson sent a leMe-. to Vice
President Coolldge tnlng he had
been given "genuine pleasure' by the
senate's action In pacslng a resolu
tion on his C'ith birthday, commemo
rating his returnto health.
Mr. Wllhon's letter follows:
"My Dear Mr. Vice President: The
very gracious letter with which you
arc so kind as to accompany the
resolution ot the senate of S3 De
cember has given me genuine pleas
ure. It pleases me very greatly to
rocelve so generous an expression of
your kind personal sentiments, and
I beg to express the hope that the
New Vear will continue for Mrs Cool
ldge nnd you every genuine satisfac
tion and lasting commitment.
"Uellevo me, my dunr Mr. Vice
President, with gieat respect.
"Cordially and sincerely yours,
"(Signed) WOODItOW WILSON."
$100,000 Damage Is Done
Iiy Fire in Atlantic City
ATLANTIC CITY. N. J., Dec. 30.
Fire near N'i w York avenue on the
board walk this afternoon, cauued
damage eMimntod. at'one hundred
thousand dollar. The Moulin Itouge
was almost completely burned out
and the Hotel Blueses In the name
building was damaged. Several small
storo.i were slightly damaged by fire
or water. Several women were res
cued from ivlthln the fire area and
a number of firemen were overcome
by smoke. No ono was gerlouoly
Family .Mfloo: Ono Dcnil.
Dy the Aasoelsted Press.
KOUT WOllTH, Texas. Deo. 30
. Loggett is in Jail at Padueah this
afternoon on 1. charge of murder
following the stabbing to death ot
Leggett's bruther-ln-law, Marlon
Jaivis. jarvH It Is ewid. was whip
ping his ir,n whn he tfrandfa'lier
Interf.red .irtl i, tr Pen
Ij u -et i 1 1 ... r' .1 itr -i ,,1. 1
d He 1 ,,r( ,, j u i t
Tulsa Heavyweight Family
Challenges Muskogee Claim
A Tulsa county family claims tho
, lu-avywclghl family championship of
lOkJahoma. chalicnglnc the claim to
tno place mntio by a .MiiskoKop conn-
tv ftrtltv ntnl ftrlntntt in Hia Mutnr-
,Mr. and Mrs. 11. H. Brown, llv-
Ing on a farm near Tutm. and their
I nine children lay claim to wif lit
- ! honors on the ground that
combined w Ight Is 2.030 pounds,
while the aggregate weight of Mr.
and Mrs. W. W. Oakle, Ynhola
farmers, nnd nine children. 1m I 9SS
pound The Hrown children rnng
In age fro-n In to an years, wiillo tne
Oakley sons nnd daughters rango
from S8 to 42 years. Tho Drown off-
. I Springs are all products of
I county, Missouri, and have
tholr home In Tulsa county for the
past 14 years, while the Oikleys ate r pounds to 202 since removing
natives of Mnskogeo county. ' Tulsa rotinty, All nf tho children
The Urowns average over 184 imrn Into the family are now llv
pounds In weight per person wlill" Jng.
CHEAP POWER IS : DENIES MAILING "
SEEN IN 'WHEEL' BOMB TO ANOTHER
Sand Springs Man Claims1
His Invention Will Rev
olutionize Electricity ,
-Un.nl I. l..,...nA l.altn.'Aa ...111
. ,,, .,,,, ,,, ., ,
1 1' tho solutlon o 1110 h'uh .cost tt
1 generating electricity nnd make It
so cheap it would bo the only
practical fuel and power Is a new
style wind and water wheel, nuiall
models of which hnvo been on dls-
play for several days In various lo
cal stores. The inventor, Josepli
11. Anderson of Sand Springs and
tho promotor nnd chief sponsor of
tho tieiv Invention, Harry Ingram,
are laying plans for the organisa
tion ot a company to manufacture
tho new wheel.
The wheel, according to its In
ventor, works equally tyell In water
nnd in the nlr with wind nn tho
propelling force. It Is nn entirely
new dcslcn In both wind nnd water
wheels. As a wind wheel It Is
placed on a tower in n horizontal
position with a power delivery di
rectly to perpendicular axle, work
ing on much the natno principle ns
a t.team turbine. A series of wheels,
ono on top ot another can bo
placed on ono tower, according to
As a water wheel tho machine
enn bo placod either perpendicular
or horizontal. Anderson claims
that ho can Uso his wheel In the
Arkansas river without building it
ilnin nnd that with about 10(1
large wheels could supply tho en
tire county of Tulsa with electrici
ty for lighting, heat and power.
As it would ho placed In tho Ar
kansas river, tho whacl would be
plarod between two barges, ac
cording to Anderson. A fall is
entirely unnecessary In tho oper
ation of his machine, Anderson
Tho paddles on tho wheel are
hung on an axis. Thus on ono sldn
of tho wheel the wind or water is
pushing against a wall while on
the other sldo the paddle H lifted
out of the way and rcducon friction
to a minimum. This novel Idea,
tho Invontor claims, acta in much
the same way ns a gas engine ex
haust. In fact, ho says, it is an
erthaust for the used wind and
water. With tho wheel In operation
In a river or creek, he rays, that
nn unlimited number can ho placed
in a row ns wie su enm iusvs none
of Its force,
The wind wheel Is governed nu -
tomatlcally becnuae when the
wheel arrives at a certain speed
the paddles automatically fly out-
ward and thug provldo no reslstsnro
at any point. Destruction In a gale
Is thus prevented.
Anderson has several small
models of both types of wheels and
Is demonstrating them in various
pnrta of tho country. Within the
next few day he and Ingram nre
to give a demonstration at Pallna,
Okla., with tho plan In view of
placing ono or two water wheels In
tho Ornml river nnd furnishing
electricity to tho llttlo town.
Tho two men claim that with
either typs of their wheel thoy can
produce and deliver clfctrlclty nt
tho low cost of two cohtn a kilo
watt. They predict that In the
near future every farm will bo sup
plied with one of their machines,
so cheap will be tho cost nf Instal
lation and operation, '
COPPER STILL IS SEIZED
fipongo Kiitind JtnliN Tlmno nnd
I-mm i .!iinir-.iiiiiii;
The pidlce "jspunge squad." In-adnd
by Hid Jackoon, made an -. ly morn-
, Ing nbsorp ion yesterday when they
arriwfrl IJirney Haniln, SO i South
Qulncy, nt his breakfat table, after
Uniting a 30-gal!on copper still and
all equipment in his housq. Alon?
nlth tiie KtllJ the coppers soiled 4 ut
gallons of corn mash, 110 pounds ot
brown sugar and four quarts of torn
Tho outfit, according to Ih'j offi
cer, wan ono of the neatcjit over
selgexl by the police. It was com
pletely outfitted with copper collei
an,) SUH burners and was so ar
ranged thit lh etitlrA contnt of
the Htlll could be turned Into the
sower by opening a petcork.
Hanllng admitted operating the
still, according to the officers, ho
said it had been in operation ainout
a month. The arcuaed moonshiner
najserted that hU liquor was 100
proof, according to the poll' e, nnd
that when It didn't tet thit high
ho emptied the contents of the Mill
Into the sewer.
Cuunty rhurgett aro to bo filed
against Hanllng Tuesday morning
(i nil the officers said that federal
charges may follow.
G. A. R. ELECTS OFFICERS
TuNa Putt No. .11 WJII IitMitll Neil
HmtiiiIvph ut Wcdnmlny Mcotlng.
Tult-a poat No. 61, Urany Army
the Itepubllc, will install ofricers !
the new year at a meeting Wednc
day night in the federal bulldm-:
at which time lad es of the O A !'
will Install officers. There are now
14 members in the Tulsa. pot. Tr
pott lout three members by dci'h
during the present year and 14 year
New offlrerA are Alexander; Crow
commander; William Ulair. hfiiti
vice commander, J. H. Iioml, Jun
ior vli-8 commandtr. W Kan
I h", officer of the d'i txiii - T.-. 'i '1
' filf-i-ir of the RuaJ (' M V uiu
m'.n . 11 ,1 a t
il ' 1 , tin 1 i 1 , 11,1 y . . n; cay
1 l.i 1.
1 the Oakleyi average a fraction ovei
poumlc Father and Mother
Hi own tip thn scales reflectively at
211 pounds ami mill pounds as con-
ttnt..l m-1.1i titthttt- I inliUu y 1r.1l
rintinds nnd Mother nnkley'M 200 j
The Brown sons and daughtsrs in j
1 th order of tlilr aajes welvli h fol-
airs. v&iif Williams, tuisii
rlty, 177, Ulster Hrown, TuIsh roun
t.V, 200; ICmmett Hrown, Kiowa,
Kan., 21S; Harry Hrown, Kiowa,
Kant., lilS; Mrs. l 11. Welts, Hang-
i.r, ToJ(s, 17; Ilurnls Hrown. Tulsa
I'ounty. ISO; Mis. Urnest lleynouis,
nevewtnil, 174; Mltnirn nrown,
1 Tulsa county, 190; Miss Pauline
1 HrnwnfTttlsn county, las.
, tub iirowni imvo always lioen
' healthy, the mnther said yesterday.
She herself lias Inures sod from HO
Woman Is Fatally Hurt,
Husband Loses Bomb by
WISCONSIN 11APIDS. Wis., Dec.
SO. Declaring hla Innocence, Jnmea
Mngnuson, a farmer living about six
mllCrt from Marshfield, Wis., was
lodged in the Wood county Jail hero
j tonight charged with tho murder of
.... , ,i.....
Mrs. Chapman was fatally
nnd her husband had nn nrni blown
off when ho opened a package con
taining a bomb which had been sent
to him through tho mail. Edward.
16-ycnr-old son of MagnuBon
also placed In Jail with his father
1 10 is being held na n material wit
Mngnuspn nnd his son wero nr
roKled near their homo by .Sheriff
Walter C. Mueller nnd postal In -
rncctors and detectives nf'cr the nu
thorltlea claimed tbt-y had found
circumstantial evldetco Unking Mag
nuson with thn enne. According to
tho authorities Magnuson was n bit
tor opponent rf a drainage ditch
project Avhlch Chnprnan, a county
Except to doelaiM his Innocence,
Magnuson mido no statement and
the authorities did not atlompt to
niicrtlon him while bringing him hero
from .Marshfield. According to tho
officers ho came huro from Chicago
where he was an automobile me-
manic noout seven years ngo. y on -
tal inspectors tonight woro making
a search nf Magntmon's bnm ond
other buildings after which H was
plannod to riuentldn him.
State 1'jninliicr mid 1ocnl
Hold Conference In
Discussion of ways and means by
which the audit of tho book ot the
board of educntlon might bo hold
wan tho purpose ot the Informal con
ference held by thn board with the
audit committee and Fred Parkin
son, stnto examiner, fiaturday
liecauso of the Illness of tho
I chnirninn of the audit committee.
, T, .1. Hartmnn, tho conference was
, neiti in liartman h nome. l'nrKinson
i stopped off In Tulsa for a few hours
: on his wnv to Chlonco andl talked
i (vcr with the members of thb board
the matter of tho audltlts flitonclng,
I ,.tr. jj fiction of any kind wns
, taken by tho board nor was it Its
intention nt thn tlmo tno meeting
was called to take any.
Tiie auuit committee, mndo up oi
liartman, .1. M. llnyner and George
Mar-Curdy, Is going to make Its re
port to the board of education at its.
icgular weekly meeting next Tues
day, dt wliieh time the matter of
financing the nudtt will come In for
Its share of discussion. It Is not gen
ernlly understood. W. A Marquis,
preHldent of the board believes, that
tho board has no funds with which
to flnanco nn audit nnd that there
will havo to bo an appropriation
made for it.
POINT PLBA8ANT. W. Vn. The
old laying about tho bull In the china
shop has Just had a demonstration
here. The bull, a huge one, be
uine frightened In the streets and
Plunged into Ilupert Kayner'n I
taurent through thu front plate glass
window. The anlmtl then nmashed
llg way among tables, i liairs and
dishte. inl the kitchen, K'dtig Hiciire i
into tn alley in the roar. Nobody
was hurt, but there wan n lot of
broken china, gluix and furniture in
the place after the bull left.
,. If, ClOHeCII Dead.
Ily the Asaoelated I'rera Htata Wire.
OKLAHOMA CITV. Dec. 30 An
ton II. Claseen, CI, pioneer capital. at
of this city, died today after a simrt
lllncse. Clatiaen was head of the
stroet car and Interurban 15 stem
which operates here and was exten
sively engaged In the real . estate
buslncM. Until 1S97. Classen nas
publisher of a weekly newspaper at
Two CollfHfS ;lfn Charter.
KANSAS CITY. M.i.. Dec. 30.
The University of Arliona tit Tucgnn
and the Hmitheirn Methodist iiniv.-r-lty
nt Dallas, Texas, were gianted
charters by the Pl Delta Thfta fia
ternltv In annual convention hero to
day. Cleveland Is frequently men
tioned ns tho place of the next eon
lentuin. although !oulavl)le, Ky .
'id Tuli. Okla , supporter prnm
ied a "intuit when the question Is
presented late todny.
Money in Cotton
$10 buys guarantee option on 20
bales of Cotton. Ve urtktr riik. A
movement of 410 from option pike eivct you sn
opportunity lo isle IWOs IJ. 1100, etc WRITH
TODAY FOR PARTICULARS snj FREE
N I Ml 1. 1 lilt,,
Hi-pi. 11 11 i;j, null, .- v.
FSKAJTEnS OIHTJ' JrViii!B1Sf
IMle.ii, Ul-li. ev. Larei caa. fasTSTI-l
BU You See Tt3oy?
Write It for The World
I Tulsa U full of potdiitlol reporters
and the Tulan Worli wants to be
come ncqiMintetl with them, nnd
, ',t'eJ ,"''' "J" opportunity to dls
play their intent at reporting news
ICnep yutlr eyes upon and If you wit
ness 1111 accident or ate an ununmii
Incident ail down nnd write the
Tulsa World a story of not more
than one hundred words, about It
Addreas your contribution to tho
Whut Did Vou Neo Editor, Tulsa
Walking to town last evening,
about 7, JO, I approached the corner
At Fifteenth and M11I11 Just as a
motorcycle officer had arrested a
man and woman In a Kurd, who had
col'lded with u car standing nt the
curb. They started to dihe to th?
pollen station, with the off Itier fol
tuning on hU motorcycle. They
drove one-half block up Klfteentn
ftrei't and then ran Into another car
standing at the curb. Tim ufflcer
then took the culprit to tho station,
leaving tin' bystanders to assist his
wife in extricating (lie two cms. No
serlims damago occurred, hut the
mnrnl seems to ho not to ntt"tnpt to
drive a Kord or an niltomobllu on
coin." W. C. ISU.IOTT.
Today I saw a lady. She was fat.
She wore a large hat, a black wnlst
and purple skirt. Sbo wore eandals
and was walking very slow.
COIl i NM Wl I EATLEY.
301 'North Elwood.
Yesterday, while waiting for a bus
on tho corner at Third and Boston,
1 saw tho blind man who sells papers
there starting across the street. Ho
stepped off tho curb, but hearing n
truck, ho stenned back again. Ho
appeared to ho waiting for someone
to help him. Two men wero ntftnd-
Int? - e,.ur fAt trnni Ifltn. it imr Itaaln IT
i v,)mc ani whftt should he dbn to
' 10p ottr follow man, hut they wero
loo busy to see tho Immediate nccu
of this ono man.
Soon a business man came rushing
by, buttoning his overcoat us he
hurried. Ho saw the blind man.
looked keenly nt hini, then taking
his arm piloted him safely across
the busy street. Borne of tho Christ
mas Kplrlt had evidently entered his
heart. JANBY A. MOOItE.
22H5 East Klrst.
"Havo you, 'The Fourth Wlso
Man'?" Inquired a lady at tho Tulsa
Tlt.rtt lFfn. xtnlH 1111910,1 111-
1 "Vn ""V nf t .."clerk it was
discovered that alio
Other Wise Man."
U. S. OIL FIGURES ARE GIVEN
Kxpurtn f Crude. J'ctroluuin Wert;
UO Million Callous in November,
"WASHINGTON. Dec. 30. Exports
of crudo petroleum for November
nggregated 35,970,403 gallons, it was
I n.inounced today by the department
0i,:,mmerf.u' .wfta.f1,ol)J !!,r"
million gallons bolow thu October
figured put for inn 11 montiis onti
Ing December 1, exports this year
exceed that ot tho sumo period last
year by about 23,000,000 gallons, tho
figure for the 11 months of thla year
being 373,289,738 gallons.
While thero wn a slight decline in
the exports on crudo petroleum, it
wns more than offset by an Increase
in exports of tho refined product,
A total of 211,837,100 gallons of
refined petroleum wns exported last
, mouth while a year ago exports of I
this wero 190,270,197. For the 11 !
1 months including November refined j
i pertolcum exports nmounted to 2,-J
274,i65,zsc gallons against ..suv,
1 187,939 rallonn for the correspond
Exnortatlon of 41.572.119 gallons
of gasoline, naphtha and other light
products wa announced. Kor No
vember 1921 exports of this nature
nmounted to 46,870,193 gallons, Thn
comparative figures for 11 months
ending December i were Baz.aai.uza
fn".?a '?S,:.922 nr,(1 ni'tii
, ,ons rur
, r ..... .
nnj-H wiiu i-ropowti.
POMKHOY, Ohio. That IiIh sec
ond wife proposed marriago to him
is the claim made by James Larkin,
77, suing for divorce Lark In told
tho court that Mrs. Larkin act tho
date of their marriage laflt spring,
several wcokh an end nt tne onto no
had In mind " U-irkln wiih qultn
pofitlve he did not want to wed
again if given a divorce.
WEALTH AT 40 8
Man nn employe lina beentne a bust
ness man an1 rat'lto 'at i n
remalli"tlv aerur-l tTf,f)n.i In the
- i,. 1, M.,l,.l wiih TirH l'l(IVI.
1.1.1, IN. sii 00 arvl up will aUrt you
I . - l.n,.l l.f IT ...-
KlMll. II1VC, I IB It'nni. New Vork
Wo can close loans promptly on first-class
farms. Sec our representative in your
locality, or write us direct.
WE ACCEPT APPLICATIONS FROM
ANY RELIABLE REAL ESTATE OR
LOAN AGENCY IN TULSA
FARM LOAN DEPARTMENT
Gum Brothers Go.
Identified With Oklahoma's Progress for Over ft
Quarter of a Century
318 South Dojton, Tulsa
itnt Door North of Kmirilj- National Hank
Phouen ledur 2002-2003
Creek County Officials
Will Assume New Du
ties First of Year
Cpwlat In The World.
HAl'UM'A. Deo. SO. County offi
cial to take offlco tho first ot the
year today annnu.nred their deputln
and nulamnu s follows: Tom Wal-lm-e.
county attorney-elect, han
named John M. Stanley of Pauls
Vnllev and Attorney Charles Web
ster nt Drumrlght ns his assistants.
Miss Maude Ulllott. to tnko over
her duties ns court clerk at this time,
announced thnt her three olerks will
be Mrs. (loldln Ilracken, now with
the Katr. department ntoro, .Mrs.
VIdn Sunders, fnrmorly with the city
health departmo.it and Levi Jones,
formerly In the oil business. It. It.
Dlnginan will he district court dep
uty and It, N. Whittlesey, formerly
city engineer, will bo deputy to thn
county court. Miss Ada Jones will
District .ludgo -Fred Hpnakman
and county Judgo Hon Brndcn will
not take office until January ..
.ludRe J, H. N. Cobb and Judge Jas
per Cox, Justices of the peace, will
move Into now offices the flrnlAff
Tho IloudrcAU I-cn.Hu syndicate of
Sn pill pa today announced the lean
ing of 1,500 acres in Lincoln county.
A. 1''. Uotldreau is thn trustee ot the
syndicate nnd his advisory board is
composed ot I,. II. McClung, Judge
flaylard Wilcox, Kerd Kaufman, 11.
II. LnMastor and W. II. I'rultt. The
ltnudreau syndicate Is controlled by
loinl men and will not be connected
with the 'tost well to bo drilled in
this section by tho Sun Hay Oil cor
poration. BANDITS NAB $27,450
l'lvo Armed Men ltntd Two Factor
it in Cleveland Ohio;
CLEVELAND, Doo. 30. WorJt)njr
with lightning speed, five armed
bnndltn within nn hour this morn
ing hold up two plants In widely
separated parts of tho city rtnd es
caped with approximately $27(450
After entering the ofrlces of tho
Ferry Cap & Bet Screw Co., shcrrtly
after 9 o'clock, holding up 20 clerk
and nhnvcllnir nearly 120.000 In a vo-
ll, they encapod in an automobllo
nnu a row minutes later neici up ami
robbed the paymaster of tho Ohio
ilulek company, taking a pay Toll
of 7,4Go nnd an .automobile bear
ing an Ohio license and escaped.
Pollco flying nquadrons -are
searching every road and atarttu
have; been nent out to alt surround
ing dUtM lltit InlitClJ UClIfVrr tiiAt
the bandits nro still in the city,"..'
Cowa and Camels Haul '
Food to Starving Reds
LONDON Milch cow and eamela
transported Amerfc.an food to .'aCO,
000 starving children and adults In
the Ak'itblnsk rectlou of northern
Itusala duo to tho absence ot other
transportation facilities Inst winter,
J. H. Fitzgerald ot Home, it,. Y.,
st:tte,j hoco recently In forecafltlng
similar grave conditions In thatJiee
tlon again thLs winter. Fitzgerald
won tho American v'ellef Administra
tion ropresentntlvo at Aktublnsk'lor
nearly a year. '
YOU'VE IiEAl) A LOT "
AnOIJT . ,
"NIGHT LIFE IN"
HUT WHAT DO YOU ,
PUTS & CALLS
141) to I15S contrnls 100 share, of anr
ilsterl atnek on N. T Slock Bxchanft. io
farther risk. Move of 0 points from op
tion irlce (Ivea jrou opportunltr to tail
I10H profit! 3, 3100, etc. Write for free
ItOIIKIlTH A CO.. SO tlltO AD RT., !i, Y.
Southwestern Bell '
The regular quarterly dividend
on Preferred Stock of $1.76 per
share will be paid on Tuesday,
January the second, to stock
holders of recftrd, nt close of
business on Wodnesday, Decem
ber 20, tOSS.
It. A. NICKI3HSON,