The Morning Tulsa daily world. [volume], July 10, 1920, FINAL EDITION, Page 17, Image 17

About The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927

Image provided by: Oklahoma Historical Society

                
TULSA DAILY WORLD. SATURDAY. JULY 10. 1920
17
WORLD MARKET PA GE--F1NANCE--GRAIN--OIL--COTTON-LIVE STOCK
ON HIGHER MONEY
Bull Pools Held Sway, but
Prices Decline in
I Final Hour.
SALES ARE 900,000
IVIrory 34H
, m , , , Victory g
.Motors and Specialties m:w YORK, Jul)
Oils.
Move With Rails on
Upward Trend.
NEW TORIC July 9 - Hull pnn
tied undisputed sway during Iff"
Mtlf pi" Of today's active stock
irktl session, their more ronfi-
, , , n ineurerg in nimrtc issues
bring attended by the largest and
corn prehenerei iir.iiinKs of tr-
months.
iny extensive gains wore regts-
. , r , , m thr early and inter 111 eu lata
I .i 1: Pill 111,-BT- FUlirirtl IllW.ri-
eduction In ihr final nnur wnen
, t : ..ins rose gradually from I
. i . in. :hc opening rate, 10 10 per
ent
rnidl lUthOlitlM in their weekly
WVleWI 'Unit In detail upon the
lownward trend of staple cnmmo
ltei I'n M Approximately n0
. . conn ';, t.-rra, tnWPr
f tllfbtly more than 7 prr cent
r..m the peak of last ft hruury.
In addition to oils, motors and
heir upoouiltloii Independent Steele.
ibaccol and sugars, the day- trad
III Igalll embraced rails of high
md low degree at extreme gains of
la m point!. 8. lies amounted to
mo noo shares.
,. ration of new Armour notes
iffercd further proof of mi Invest
nenl demand for new securities, i
.Iherty leeuos were again the only
lOtaMl exception to a generally
no bond market. Total sales, par
iluf were $9. 375. 000. old V. 8.
, ipon 4 s reacted one-fourth per j
ent ,.n i. ill OthOW unchanged.
r York storks.
siiIm In
llnnrlrr.la High
l.nw
S
i laea
9IS
42S
1 10
92S
ft
43
141 S
3V
90
lOIH
3,
no
4
ns
Si.4
ii
ill"
13
91
11'
li
10IV4
1.4 4.
'I
IIU
lis
-'S
110
42 S
MS
1"2S
US
MS
123 S
92 S
91 B
9IS
67 S
60S
146' '
124S
32
IS
117
7S
1 0 I S
41
1444
37 S
31
34 S
31
Ij u
is
tS
I2S
141
17
t an . .
c r
it i i.
pf.l
I i orp
I. " i'
I .:r.eed
S It
r-ilg.tr
s Tub. -T
A T.
Wn..n
r I'ripp.r
hinon
r UM
a w
l.nco.
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s -n
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. i-liv
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Iff
64
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It
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IS
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. 13
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US 1
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OS
l6
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33S I
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Ill,
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Steel
i ' sug r . .
I Klectrlc
Motor ....
M pf.l ..,
N Or. ttf..
S S'e.-l
Ccatfsl
Can e11v.
vt M pM .
er. Ni. kel .
it Paper
i 'upper .
N. . ....
Petroleum
' 'upper ...
s (HI
steel
Pacific . . .
T Central
III
MS
u.
141
:7'
fig
3S,
41S
:'.
13
9,
(IS
sn ,
37 S
191S
:i
iig
;
74
70V,
II '1
H
t:
IK'i
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:.IH
17 '4
93S
94
lit
'S
11
5
as
2S
ins i,
7m
loi,
4
jig
7-S
17
i itv
207
7I
lilt
21
1031,
nt
10k,
's
II
us
110
70'
34
43'
43
-'4
. II
1SI
141
17
144
. 33
. 14
24
. 44
47
. II
4
1 1
77
iii"
iitt
tig
26 S
9
m
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42'.
4'
107 '.
leg
:)4
II s
It 8
s
ilag
i -
1VS
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II
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6'
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11
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lln
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S4.
ids
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11 1
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is
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gtii
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70 !
mti i
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IS
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11
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W.
at ktic
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lib
. 24
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. 13
on
. 51
Inula
i-. v. . .
Cupper
17V,
D, S Y
A. Line
af.1. i (!
fll T
0 R
a I.
Plnflc
Hull u .iy
lli'i
11
77
II
71
4S
27
61',
I Oil,
76V,
10
41
4:S
IV.
IS.
1 1 :. a
206V,
71 ',
148
MS
loos
MS
10',
49 S
7',
MS
10
IIS
10
14
H
M
l7
1'47
14
14
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3 4
S3
:s
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73
24
t
III
7
4
4
4
Jt pt
1 ol N J pfd.
l-"rp
nn lupp.r ...
aei Co. . , .
4i Piolflc
b Nil
' ml
P. Ifla
rail
I r r.it .
I. A
I H K
I tt'ihhtr . .
s Hteel . . .
I t'JId. . . .
1 opper
. o, c
t'nton
BtactrM
In ei liii, 1
. . . . I
. . ,. tj
3i3.400.
T'.t.l .!.
standard oil Stiscks.
li-trandbcrg, McOrcevy A
Ilid Asked
23 2 4
1180 mis
425 475
.... 85 17
220 230
120 130
21 30
150 170
.... 100 105
... 42 45
10 94
153 151
IS l
21 II
157 i
... 92 17
280 285
.... 175 685
. . . . 118 201
.... 340 3(0
.. . . 120 125
245 270
Pipe 61 67
113 318
.... r.o 470
. . . . 818 3
. ... 355 175
420 450
... 6,0 660
310 395
.... 420 440
70 10
107 114
.... 375 385
27 13
Iglo American . .
iantic Refining .
one Scrym
Kkeve Pipe
r hrougn
tatinenta on . . .
" pip,, una
imberland pipe .
ireka lipe L4ae .
1 : i Ugnal Com.
1 ni ilgnal, pfd.
lipe
'liana pipe
'Uoiia; Transit . .
York Transit
'rthirn Pipe Unc
Mo Oil . . .
alrla oil & oas .
"irie iipe Una
'r Hrflning . . . .
I'hern pipe . . . .
; ' Tlvanla on
" I'cnn.ylvania
n of California
I), of Idlani . . . .
' of Kansas . . .
' 1 "f Kentucky .
O. of Nebraska .
- of New Jersey
! '.' n- "ear Vork
oi Dhlo
Finch . . .
Line
r-f'r
"im Oil
b'ngton oil
Vork MHole
.Tuly 9 Mrtal irhngj
ii. pot ainti July 10,
n VOHK
M 14-4.1 fll
'J""; Bui rt
I onrlo,, i -
I.ouli Hpnf 7 ft bll
pot i.i ifssj. r-iturta
pel I-, futures tj Iig,
STOCKS EASE OFF wall street gossip
ekrtnt4sa of Armour lUmil lame ot I
M,MO,Mo hMMoiMa Rm4 Nog) '
Mt'iicy for New InvcsiincM
New york. Liberty bunds
1H
Klrst 4V,s
Second 4 gl
ft fit 4'js
Meg;
11.11
x 30
Hi . 74
k6 3o
85.74
IV.fl
II . fill
:i . 9o
9;. .9
t,V Olid 4 S s
Third
Fourth tv. s
Th
.ff
mg or .rtni 11 r At "
Issue (.f t-.il
IfVD.VDg, . i. v..,i 7 per nt con
OMVOrllhlc notes Wert- .ill sold ut
I noon ;ind Iho hooks cliawdi The eti
ilire inaue was larRoly over-suhst llo d
'ut IS4 4 to yield 7 75 per sent
The sln tlKth In rails Is due lo the
I ellef fhut the Interstate rommlfOI
I enmnilralon win render a decision
I on KM loon The opinion la ad
ivaneed in sonie quorfera tint the
Iderlalon eetll tie forthoomtni within
I he tout f4-w days.
HouHton on. which was admit ted
I i ll.-ttna; on the stork exchange Ion
das (go, sold up fur i t it.il ot II
i points Krlilav. the hlglieat point
tin" it wuh ailniltted lo trail, na
; lrlday'a boel flcu.e. ttowev r, w is
7r. points In low Hie hijjh rr.iplud on
the curb last year.
Hunts Wlnthrop Co. The
I stock inarkel has mid a good .id
I Vanci and we look for some profit
ftuklnc for the week-end We an
nul bcut lsh. Iml h. Iteve if stocks
hove .i llfhl snthiek It would Ii
well to buy for a higher levi I
The stock market !s held In well
Infnrmed oonners to lie dlgenuntlng
the expected railroad rtltf inrrtitr
IteHdlnif Is hemic stronirly ooual.t.
Southern Itiillwny la r ported In line
tor hiaher piiorg Pool channel! an
hiillltiic pttuipmettiM. siiKars, nils
Ihlpplng and copper ipeclaltlee
President Sitter of the r s Rub
her company, after njl Intipentlon
trip of New e.naland. Canada and
cimlral slates, says that he found
practleally event industrial plan)
overanld, and win endeavor to gpeed
up produetlon.
The chairmen of Id railroad
unions are to meet in Oilcaao July
i!t lo consider railroad labor board's
award, which Is expictel anout
July :'0.
SllM'k 'OH, "i
I '.'lark, Phil Is I I'o l'irchares of
; steels, equipments. dl'lden'l pa inp
: oil stocks and well financed rails
look like a pretty safe policy
Harris, Klnthrop A; Co, We look
for a further advance In prices and
1 favor purchases on any reaction.
Josophlhal Ac ro Wp believe
that present accumulations while
prices are still attractively low. are
hlKhly desirable
Traders who have been buying
Mexican oil storks lately have been
given to understand that a state
ment covering results of new drill
ing operations will he given out be
fore the end of July,
h'lna 1 June figures on shipments
i of Island Oil Transportation t or
poratlon show 1,011,111 barrels
moved durOig the month. Thus far
Jin July five tank steamers have
j been loaded with a total of 308,311
I barrels.
Wall Street Journal Sinclair
I Consolidated earnings are running at
, an annual rate much nearer g 10. -,
000. OuO before taxes and depreda
tion than 130,000.000 which was re
cently estimated. The earnings,
while large, do not reflect to any
I'Xtent expenditures of something
like IHO.OOO OO'J In the last year out
'I earnings and the sale or common
stock, nor approximate! 147,000,
000 realized from the sale of 7 1-2
per cent notes When present re
fineries are brought up to pipe line
capacity, Sinclair, with oil condi
tions favorable, should have an
earning power of ffiO.000,000 annu
ally. Estimated earnings of 3t.
0"0.000 this your would i ompare
with 111,110,111 in 1319; 111, 140.
7 17
in 1!U8 and 111,114,117 In 1917.
-Vr-n Yorl: The Imperial Oil cor
poration, affiliated with Middle
States Oil and controlled by the
same Interest, has been granted a
charter under the laws of Delaware,
with authorized capital slock of
lio.ooo.ooo common ami 110.000.-
000 preferred stock, both of par
value 110. The prpferred is cumu
lative at the rate of 8 per cent be
ginning next September. The Im
perial now has under ownership or
contract approximately 8.700 a-res
In Oklahoma. Texas, Kentucky and
Indiana, with aggregate dally pro
duction of 4,600 barrels.
New
panv, a
oil, has
lease In
ork The Peters Oil com
oibsidlarv of Middle Slates
ompleted 14 wells on Its
the Osage, with average
production of 110 barrels,
depth of 560 feet.
at
Cork Works.
(Houston, t'lhla a Co.)
HlSh Low Close
Klk rtaaln IS IS
lllenrock !S 2S 2 H
Ullnnle Pipe 165
Martand 4 IH 4
Mlilweat Ilaflnlng 110 14' 150
Traplrsl 11 30 S 70,
Freaeeers a itefinar, ?s 7 is
S. O. of California .114 111 111
Oilffv .29 61 II II
Hkelly rill IIS ll' 11',
Inter. Petroleum . .. 34V, 31 36
Unaton Wrnmlag , i ', I l-ll It'll
Federal (III 3V 2S IS)
l.lvlnsa'no I 7S
Met, Petroleum I 5 6'4
Sail Crfftk 16 us lis
Slmms 14 IIS 14
Whit, Oil . US M II',
Huffy In P's'h 31'. 2s 2s
Arkanaas rlss . .. . 1 1 S 12', U'
1 -i. , Star it 24 S lie
New York Kirhnngr.
MJfW York, Juiv t - MerggetUfl irr
TVI. rifliini firm, atf-rllnrr t' diy
1 bills', I3I0H, lummrrriAl -.liy hill
rn tnka IMflS. cuminrri lal Cft (fay
l liilln J 9T . di-niAntl 3 lf eiMg
l'i.ir,'-g rlcmtinii 1. 41; cMblea H
M 4 r n tlrniarrl 3tl, rkblfl ,4,
i New Tork f irhatng nn .Mrrirail Z
I pgr i f til itvcuiint.
o)"Mf n fti t-ii i btintlti lrr?g;ulr , fgUreed
bond Mrm
TliKf Iomt.1 itrong. o . n 1ys -i -1
t in out hi IH
t lilr-gtco Qtatur.
run' ago, July I. tNlelfi ptfeuffi ro
relpta 31 i -, 'lrinU Irlart nobblera
fll An fj 1 i &fi .Vortli Cgrolina fi: if
If ft. Oldahnnu ami Arkttna : I &
f.tfl Kanaaa ttrly Ohlos 1 : 00
Hulter ami Kign
DJtrAriO, July Ueltef umhiniH
y.gg ueeeeftfedi reetleta 14.111
TuuKry m, ..... fc- 1
BEARS SEEM TO
RULE CORN PIT
Early Break Followed bv
Rally of 8 Cents, but
Weakened at Close.
SITUATION IS WEAK
(iovornmrnt Report About as
Kxpoetcd ArRrntine li
Shipping Much Com.
i By Kvans A Op., Hotel Tulsa
CH1CAOO, July t'orn waa un
settled, breaking early on scattered
ll'ii)d.itona and some pressure from
beara. only to rally around 3 rente
after the early drop of 1 1- .ems
shofts lieinir free buyers on the way
up Heat prices were not maintain
ed however, as there was considera
ble evening up toward the last as
the government report was tine at
1:11 p m ChlOttfO dayllaht lime
News generally was of a bearish
character t'rop repor'e w re fa
orable and cotn In Iowa was re-portt-d
as ready to tassel, which la
unusually early for that action.
t'ash prices were unchatiaed early
and otic cent higher but failed lo
maintain beat prices rrrmluma
were practically unchanged as cont
parrd with Julv
Oats showed Independent strenath.
Sentiment has been rather favora
ble to the buying side of this araln
for several days I'ommtaston
lo uses took the deferred deliveries
while a caah house bought the July.
The latter continues to a't very
llaht
rop reports very favorable and
hervaetlng Is proaressina rapidly.
There Is almost nothing of con
structive nature In the recent news
Hairier on the contrary Hie situa
tion seetnv to become weaker as the
market declines Argentine baa
been selling us corn for some time
but the trade has generally Ignored
It. now that sentiment Is unsettled
any way these sales are considered
unite important Reejlptg contin
ued go, 'd and there Is no Indication
of their falling off On the whole
there does not appear to be any rea
son why the market should not . on
tlnue the readjustment which Is un
der way.
t hlriHI" OfSla lUnae
Mlsli Cfw
I SIS I 66
1 MS I SIS
1.41 tt 111
r-irn-Jutr
Sept.
He.
Oata-
Tuly .
Sepl.
Ilea. .
I 'loeff
1 II S
1 6SS
lit
4S
74
76
0S
7 9 S
77S
I
77S
71
I hlrssn 4 sli .rln
OHICAOO, .Inly I l'iih Wheal No. I
hsni ll.lltyi.il; Me 4 hard IMI.
Com Ne : mlisd 11.11114)1.111 No 1
yellow II del ' II ',
u,t, No. : win" II osi os.
Hve No 1 12 '.'1C2 US
Barley li 2(0 i II
Ksnsns ( ii- 4 ash I, rain.
KANSAS CITY, J"l -Cm Whe.t
St tu 4,- lllsher; No 1 lir,l I2 792IS,
new 11.11; Nn. 3 hard 17 746 2 12, new
ll.TI Nn 1 red new 2 74. No. i red
new 12 77
I'mn 4r to 6e hlsher, Nn 2 rolled II 01.
He : wiuie i ii. Ne, 2 yellow II ?
l.r,9.
lists urn haneed lo lo higher. No. 2
while .N.etl No. 2 mlae.l 1101. No
7 red 11014)10:
hire 12 17
Kiin.ua 4 It, 1,1, e SloeU.
KANSAS CITY July I. OOttle -He
rel,ta t.700 he. ut. market around 100 in
ouaranllne. all tiaaaea geaersll) atea.ly.
heat native ateera 110 10. other aalea lis 00
4)11.41 quarantine liosoenoo. ...t.t
Vpeleisj lll.ieg 1I.IIJ Tea.,, ratvea 11174
Hiila lleeelpla l.oOn head, inarkel ac
tive and steady, median! I0r hlshar.
heavy aleody In 16r lower. I'-p 116 00.
bulk heavy and niadlum IIS 004 16.76.
bulk lla-hl 116 100 16 0
Sheep Ri i ' 760 head, market n
ttv, lamb 116 00, odd bum hea lit II.
Tort Worth Use Hlork
K'UIT WORTH Te,ai. July I Cstlle
Tlecrtpta 2.700 head. market steady.
bee.ea l.00O 12 76.
Iloa-a - Pet lets li"S hiad. marklt up
35, ll'.o IIS 76014 00.
Sheen lleri-lpla 260 head. market
ateady . larnha 111 ooe 1 1.31.
llklshoma live Hlork.
OKLAHOMA city. July I. -cattle Re
relpta 700 head. market active and
a'eaiH . ateera 17 501111 76. eowa and h'lf
e: a P i",i . ' '' iU e, l OOiJJ 0 00 , ,l,.ek
era and fee.lera I 2SOI00.
Ilnsa Iterelpta 300 hesit . market 10c
to Hi higher, top 116 90 bulk 1 1 6 25 up
Chicago l.lve Stork.
CHICAflO, July I Cattle Iterelpta
1 000 head market uneven, yeaillnia and
a-t"d tir:iy weight ataera sleep ',, III
hlsher choice heavy weight dull, other
rsi'le atendy. bulk beef ateera 111000
11.41; lull tiui, her Sews 17 6041 10 76.
cannera largely 14 250 4 60. veal ralveg
gtrnng tn 25,- higher hulk 111.14014,44
Hnira - Recfflpta 27 000 head. market
atrong to 16c higher than yealerday a av
erage, better grolee light an, I lisht butch
era advamlng n.t-st . bulk Ugh' and light
bun hers 116 900 IS 26. bulk ItO pnunda
anil ever jll.lla It.f t. plgl atearly lo 26i
higher hulk desirable klnda 111 001) 13 76.
Sheep Re, elpla 6 000 head, market de
sirable killing gradea fully Clc higher,
top native lemhe 116 16: nn weaterna here,
wethers tli.St, btrat hand native ewea IS 00.
feedtri steady 10 llrun. best fedlii
lamb, 113 60
BATES WILL BE TRIED
Youth Alleged to KOTO Hurnlnrlrcl
south uufe Reutdeiioe I- iwmuui
Over m pletrloi Court
Art Us -i of entortug a reoidenoe hi
I ; l.'.t.st Sf'Vi ntf enth rin tl -ii .June
.'ti v ith mt nt t" runimlt Kf nui lai -
eenyi i.. J iiat.M( cuiturri ofter
cr-ane of vfvcral blt kn. war hclu fO
trial by dlhtrlct OOUrt following nil
preUniifuiry 'h' rim yeeti rdeiy h-
fnif. Ju-iti-.' s. V .MdM -y Thr ilifrnil
unt WOJ rOteeOOd en a caish boni of
f 1 .000 prrnllng trial.
d. p. dark, in pooeeeelof. "f (the
Ome in which it in ,.. . n , i UtM
ran whm Ciark nt-rod th front
door, followed th' OJUUI h ftninrl In
his home for HfVfrul blorkn. At
Klghtrcnth utrcct a flrerruin also
took up th nhiei end i-i'
ftprod after the fireman lho al
him with a revolver. PetOi whk ROl
injured, but fell In the weed after
Ihe Mhots were fired, ami hiH pur
iu em were compelled to line arc u -merits
to prove to th d fendant
'hat he hrfd not be.n wounded Butei
den ie h he wiih ever in the Clark
home and rial ma Clark in-Run the
chase of ID Othei man and b) niU
tuke followed IlateH,
A H OJ Yl A THAIS'KD WO II KM '
Is-ok for your market
IN riiK WonVb WANT ADU
gossip of grain pit
'.on ronicut (Top Kcport gg tsoil
As I H-' tod LotMlfyn I aides
torn Hark t1 la Itemorallar'd
CHIl'AtHi July --Th goviiii
nienl crop report was gbOHI as ex
picted. Corn condition. X4M pet
cent, acreage, estimate HI M'.ouu
eatltuated b-lil, l,t 79.IMIO mo,
bushrla.
Hptlng wheal, condition XX pet
cent, yield Indicated KM. 000,000
bu.-hels Winter whiut. BOndlllon
7I.; per tlltl In. Heated yield. .' 1 1
liOO.ouo bushels. A!! wheat, .onilili. n
11,1 "et ccul, IndlosViod produotlon
if all grades of wluat Jin n.,i
xp'.OOO.nini bushels
Hats, condition II 7 per i.l, Hull
cited yfgld, l,t,00(i,06l buabeli,
Wlrve ftont the nmihwest Clida)
denied icports of rust and said thai
pnng wheat wets never In battel
ondltlon.
I'htiaK"- Th- Modern Miller sals
lliraghlng reports from the gouth
wist hear nut culler estimates "t
laiget lelds and excellent ii.i It t
"f wintir wluat The wnathet la f
orable for threshing
An Argentine cable sivw Weathet
Is Intensely cool, rains are predict
ed by Hunday and this will be reri
aiiinini-, for new crop preparation,
have been considerably ret.udeil it,
i.ections by the absencp of sufficient
moisture
Minneapolis Average sptins
wheat unchanged, but in good da
"land. Several cars of fain v dark
Old higher inlxerl
and weaker; w inter
I ut urn
M hi- it
chottged.
4?hlrugn--C Icmetit. Curtis gr t '" .
aai's. We have Jus' completed a spe
Ofgl Inquiry ovei t northwest as
to the i ondltlon of spring wheat The
reports are uniformly favorable
The growth la excellent, although
then 'a slight ilnmngo from dry
weather in scattered spots In the
west, and some damage from grass
hoppers. Most of our correspondents
believe there la sufficient moisture
to carry the crop lo maturity No
black rust development! dlgeovar
id, and the general opinion Is that
conditions an against Its spread
The period of Its appearance is from
July 10 to July hence the next
'wo w ks will be the critical period
If preaent conditions are maintained
the spring wheat crop will makl
ItO.eiO.oci buaheta,
New York wires: Arenllne offkr
ed 110,010 bushels torn In bags at
It. II In New York The Coitl Prod
nets company refused to make a
bid, as It Is understood they have
four months' supply contracted (ot
Thr- trade throughout the east Is re
ported all filled up and I; will b.
close to DfeombOr before Ihey will
nr ed more London cables the corn
market is demoralised,
HARDING IS ASKED
DRY ISSUE STAND
C'lNTINCKIl mOM PAllE ONI;
leaders from all parte of the coun
try lie liddcrl tll.it because of llov
iemor Cox's reported altitude on
i prohibition the democratic ticket
"increased Senator Harding!
enances enornionslv west of the
Mississippi river" In the opinion of
persons with whom he had dis
cussed the situation
"I did not nek the senator for
committments and be made none,"
said Mr, Henley,
liKlit for t iiinnw.
In view of the pseSlgl liy con-
irres suf the prohibition enforcement
ii-1 and Its sustensli.n py the foiled
smtes supreme t ourt. Mr. Hanley
said. "Hie tnnlter resolves Itself Into
the election of a engross favorable
to the maintenance of the present
law."
Mi. Hanley explained this was his
own personal view and not that of
the Ohio senator whom he said
"made no comment." Mr. Hanley
sold he favored the prohibitionists
placing I heir power next November
where It would do the most good
Instead of noiolnat lag their own
prealdential i andldate,
Ilefffirdlnp the . 'inference. Senator
Harding, atvM Mr. Hanley, only
"presented his views oi to the con
struction of the platform as others
have done." adding, "we are always
Kind to listen."
Plans for officially notifying Hen-
ator Harding of his nomination wi ra
announced today.
( oniplctc Plans.
The event will take place at 2
p m. July 22 In Garfield park.
Marlon, with National Chairman
Will Hays, presiding, following the
singing of the Slat- Hpangled Hun
inr" by the republican glee club of
Columbus, Invocation will be pro
nounced by the Reverend T. 11 m, -Afee
of Marlon, the senator's pas
tor. Senator Loitge of Mgagai huietts.
permanent chairman of the Chicago
convention and chairman of the no
tification committee, will deliver an
address notifying the senator of his
nomination to which (be nominee
will reply. PollOgrlng the singing of
"America." the ceremonies will i lose
wtn a benediction by Rv. Joseph U
Denning of St. Marys hurch of
Marlon
Announcement was made that
meetings of the republlcasi national
committee atid the committee on
arrangements win be held in Colum.
bus July 21.
A caller today was Henry I. Stod
dard of New York, u prog reset V!
leader. Who assured the senator thai
the progressives of the i ountry were
tun k of htm
The senator found dtffb ulty In
working on bla speech of acceptance
today, but hopes to have it t om
pleted In udeiua'e time for distil
button lo the puss before the dae
of delivery.
Ilenv X ffTTOSSl' Iti S I IP! I
ACHTIN, Texas. July t No
' be taken on the telegram
of James W Johnson, field stcretatj
of the National Assn. latl on for A d
vane ment of Colored reonie re.
guesting thai Metis be taken in ap-
prrn.se ami oruia in jueuoe Tne
tnoh responsible for the recent
lynching of two negroes at Carls
Texas, until the rc'.urn of (lovernor
Hobby to Austin next Tuesday.
Ralph Stnpe, private secretary of
tne governor wired Johnson today
He was rich and had a car and
everything And thin he got Vera
And disease got her See "The Knd
"f llu lload" at the ijrund -Advt.
COTTON LOSES
ON DOWN TURN
Trend Continues Bearish,
Due to Depressing
Influences.
(th Kvrtnn A- t'.t TUlM HoUl)
trttnd "( Vrthnn inniinuHi dtmn
waul ttnlnj unili i thr dtpfMlIni III"
f lUftlt'lt. II f pi run . 1 1 tl Ol (1 1 1 1"
WMihw in th- mitrtor, impfovlni
crop a 'Hintft. IntflMtlng ihki
Vl hi thfttl l ORllMd tWt vxt-t U . MO
a list b0tUM 'f imf.ivir.ill trxtllr
XtmAm U K fi u.i. N 1-1 tin I iavi 1
tnd MttncliMtAr
ii(ivi i ihtrt w.i.i vftftnet iMtj
mofntim of i v h i in timdc buy
liipC f new 0lOp ilellvrrlrH fnr for 1
ign MOIIIIti Liverpool having
bOUfhl hirurl) in Aninh itti mm -i
Rtti loday,
Tim mu h i ir.lftiri m mn in b
phii rii m reportg ol nnfftvoroble io-)
RlOOtlO ami forrlun irxtlli- ntlxlom
st fiit m Aitierlco tn ooHooritod till
dOprOOSlOfl in trtnlr upplh'-t In thfi
wuoirn Industry principally Mnd t;
thr fi I K I rod niHlnly in .In pun.
Th mufti porlod f"r it rovtvol in'
th cotton poadi otjolnopi in noof t
hondi ponorally iipiomtnn notlvt in;
Aiipju.it fnr f m 1 1 uivl pintoi roulfo
montt Thi niiirkrt romolni unlrr Ihe
prtnolpol Influence ot Improvtnp I
frop ftooountOi due t ih contlnu!
Hflin Of penOfOlly fuvfirnhli pntftl
tr, whlrh rIvi h proept oil for h ,
liiruor ylrlrt, prrhnpn hy kbOUt 1
000 hdlm II win wan Imltcuti-rl two I
wi''iH iM when ihr povernmentl
fotoootod f produol Ion of 1 1 .iimi.
000 bftlOi rxrhinlvr Of HntOfl
Th Imntedletc fuiurr rouree of I
veluei ni iikt iy be gtoverned meln
ly hy wHthrr COnclttlOni In lh t'Ot
Inn retion. If dry. Worm wrnthrr
i rontlnuedl prirr,, arr Hkrly lo work
: iou rr. prone my niftier if po
I wi nthrr nrlM In Al I hr moment
i there no derided chance Indlonl
'1 In rllrnnlli' onrlltloni In thr In
Inrtnr
e tlrlenn, I rttltree
V I- V i lilt I MS
ntton rlmea
tieaal so to t"tnta
Mlgh tum linee
... 91 16 It IS 31 II
. 31 50 V S6 II It
13 IS 10 I! 10. II
10 10 9J I! IT
W-41 21 it 21.11
New 4 orb I'ntnrrs.
Yi'ltK. July 9 -Cnlton rinsed
nigi. laMt CI eel
1 IS II II to
33 10 1- 10 19 41
11 IT 90 Al 10 31
IS. 13 10 31 11.11
10 03 :
July
net.
I'ec
tun
Mar
Ng)W
iteeai
July . .
lie,
Ian
Mai
New ii,', ..... Spots.
NI.W nni.KANS July Sp rollon
Steady. 60 polnle lower Salea on Ihe eet
147. arrive 104 bow Mil.tdltng 24 50 lold-
ithng .-900 g t iniaatlni 4100, re.einla
1.642. Block 317.214
New lurk ggatl
rnntc, tuiy 9-
I, tilling 10 So
'niton apot
TENANT WINS LAWSUIT
url Holds Hotel Prtinrli-iir I- In
Is-gul Possi-sslon of IH-nl Hold
ero pally Owaed by Oankil
Uranting the petition of W. G.
Choatl and Polly Choate that they
be allowed to remain in possession
us lessees of t lis Oxford hotel prop
erly ut 225 Baal Third street, owned
by It T Daniel, Judge I.. J Mur
tln, In superior court yesterday after
heurlng the testimony ruled foi the
petltlonaf An appeal fro n the de
cision was taken by Duulel,
Choatl claims he leased Ihe
building from Hunlel November 20.
1 14 1 ti. paying the latter ii".ooo for
the hotel natural and furniture
with the understanding that Ihe
lease should contlnuo for three
years with an option on the lease
for an additional two years. The
lessee claims Daniel refused lo
mak, Hie leise in wrlilng and has
nn in pi, ,1 to compel him to move
the furniture from the building.
It'll- lake XOWH.
I.ONI'ON. July I. The oi i upa -Hon
or Hi, town of Staro-Kanstari-i'l.off.
aliout. 1 1 miles from tne (,;ill
i lis. bord i opposite Tamop. I. by
bolshevik forces Is uiinoiin" d In
Thursday'! official cornmunlgui
from Mos-ow ret i (veil by wireless
toda.v .
In the Oil Fields
lit iiioiuocnt at ni..,..,,,-. .
The Chllllps Cetroleum company
has a rig up for No r, Miller In the
southwest i ottu r of Ihe southeast of
the southwest of 3.1-16-10
C. it ties and othets have u rig up
for a test on the ijrayson farm tn
the northwest corner of the north
west of the southwest of 24-16-10.
The Owtns. Williams A llarnes
Wo. 1 on the iiariirs farm, located
t tin center of the south half of Ihe
lOUtheaal of the northeast of US
UI -10, Is a tig
The Tuiede oil company'! No 11
ll.irvev In the southeast corner of
the northeast of the northeast of
ll-lell, Is good for 10 barrels nat
ural. The Wilcox, Oil company's No. 1
Klefer, In the northi.ist . orner of
the northvust of th,. northeast of
11-11-10. is a rig
PaWlltHl I ounty.
Mi rrUm si lendeiss have a rig
moved In for No 1 on the liwella,
farm, located In the northeast cor
ner of the southwest of the south
east of 1-21-Se
Hprlngstead and others No l Na.
tlon. In the northwest corner of the
aarthwaai of the southeast of 2 21-
4c, Is a 1 la- moved In
Th' Tidal oil company has a rig
up for No 1 on the Berne farm In
the southwest corner of the south.
yest of the southeast of 20-22-le.
The National oil company's No I
Clean, located in the sothwest cor
ner of the southwest of ihe eouth
west of 4 -,'i-4e, is drilling at 1,411
feet
POLICE IN GUN
DUEL KILL MAN
iNTIM'KI
v n
i
off Illume pulled bM e"" wid -"h-0
thr bootlepsei iwi Btnoi then
lumped behind thr ir unit tried to
nhno! hi Ihr of f irrrn hut hln gun
Inmmed Blelne fifed two mori
hliolN mill I'ntton fifed tWO hhotn, nil
of Ihem lading rffi i t in Bmni I
body lie died while en rvutr to tne
howpltt
Puttwii mi tit thrit hr hud mude
huoty gtrrrh f Bmory while n
mit in ihe r end thru ordered
him otil
"Am lie utepprd out of the rnr
be hnik hum 1 1 rt mniill BUtO
mMc out of bin . --at ileOfre audi
demanded nn lo nlaml "'111 or he
w OUld kill me. iMtton doetUfOd
while he had me covered he wuoi
sttemotlne to net nu tun but I
hefoi e he
ut of Ihr holster tod Rmorv moved
nd Bmori!
bin mm atipthtly ind inhot m tllalne
I thiMifflif the bttllel hit Hlatue In
tlie leu beOflUOJ he fell. but he
nulled hie tun ami eteffoored to tun
feel nhootin "
gVmoryi nun fumntod eftof ihe
flrnt OhO. " llialne RUldi but be kept
I I v ItiR I" itlOOl It '
Two eve witnennea to the hhoot
Itii eor f or ore ted itie etofy of t he
officers tt itet entente vlven t the
polit r lht- both le-. lured that t h
Hhontinir waet unuvolduble "If th
of fit rn wantrd lo pintett Ibeli ow
liven "
hen the BlfOOtlns ftarled the
man in lb- roadnter drovi awny
one of (he eye WttltOUOeu nn Id. "I
WOUld ItOOU htm if I hh w him iiftaln."
Mlnlne tte. l.ired IflMH ntht The de
trrii.tion ulveu of hln by both
ttlatm atid the ve WltflOO wan ttnit
he wan of medium heiuht, had a
ti H tk muotnehei wan weurtni a bine
null end ri iv i ap. and appeared to
b it boil I HO yearn old Ne M her
BtnoVy nrr the other matt were
known Iti p'-lbe elrcb-n
Ktnory. Who wan yeiirn old.
in nurvived bv a wife
WOMEN IN TULSA
OPPOSED TO COX
roNTISI KI KfluM PAtiK ONf;
ntnnd on the ItOUOf UUeuflOW In the
opinion of Mm A i BunOTOfti pren
Idenl of the rltv foderutlOfl I am
very milch Ktleved that thf paily
nhould have eelOOtOd a man no man
Ifently anil prohibition,' Nfm Mini
croft en Pi yenterrtay "The only
thinK retnulnln for u to do in '
not to vote for him "
IJipmr Reffltei1 Control.
"There iw not n doubl In the world
Hint l he llfpior elnment controlled I
the demoerallr t'onventbin," Mm !
LI lft h f Undeuy. prenldenl of the
Tutftft COUnty W 0 T I' nnld yenler
d.iv ''Otherwise the party WOUld
not tia v eeleeted a wet oejidldete
when there were men of hl:h Btftnd
ardn to ohoOOfl from "
Mm A II Buhl, Itftte Ireanurer of
the V C T C . wan OQUftlty em
phalli "Cox in not going lo gel
my vote, heraum- of bin attitude to
ward prohibition, and i be lie VI that
the women in ire ti era 1 all over f0
country will nlaml fof higher prin
clplen than h" doen. I enn'l under
nlaml why a great poll tl Oft I pftl ty
would dare to nominate a 'wet' ran-
d Ida le in thi progrcinUi iirp un
lenn they irlehed to get the volen I
of thone oppOOed lo prohibition."
"I do not think thai the women of
Amerlee will nupporl a 'wet' mndi-
dale ' Mrn It I. hard W Murk hurt.
e reel dent of th- North Hide union
dec, ued yeeterdey "What hnvc we
been working fir all tbene venrn
Ufg would undo till we have foucht
'-r If we BUp ported nin h a in.m
The llqUOf aiul 'wet' men of thin
country may vole fttr OotJ bul the
women and the middle vlnn which
In the backbone .if ihe rolinlry will
not "
Mm Ida Wvgnnt. nfale orgnnlxer
and lecturer for Ihe W. C T. 1 .
deelered yenterdny that whatever In
fluenoe ihe ; "h wim be brouuhl
to bear to defeat Cox. " know
thftl U Im being mild that he will
enforce the law, but notice that
thai nt a lenient wn wen I out h i
hln no to I mi 1 1 tin . AM of hln prOVta-HR
public utteramen and tteedn nhow
him to be in favor of a ll'iuor law
of Nome kind. Hi nivn that he will
enforce the law Thai In no more
than every good American trtea to
do. f am afraid that he WOUld try
to change the law If he wen In of
fice." Sajn Cm I "Wei."
The outcome of the Doming preal
dential election win demonetmte
that women pay no attention to poll
tlcM when greater Innuen ara Invol
ved. In Ihe opinion of Mrn. I.,
Hlimt. "It doen riot make any tllf
ferenrn nbout poll Mrs when the
Strand berg,
McGreevy &Co.
MRMI Rita
New Orleans C l'on F.irhsnge
Chlrego Hoard of Trade
New York Htnck Kgchange
I'lllVATK Wilt KM
Stocks - Grain - Cotton
Liberty Bonds nought and Hold
GEOIKiK I, KYHKK Managjr
Phone 7200
111 Rast Third g'reet (Hotel Tulea
Wr Pay 9 rompmintb i on
uny umoiiul InVOOlOd monthly
or otter rw lei
No Tax
T'nrtrr SUilc Uupoei lltnU
We lOUoit your iU'd'ounl.
Home Building &
Loan Association
SI7 S. Hrsston Oadlg
in tim i atoe up before he nod Kleri nteetmne
9
home nnd ramlli arr concerned'
hh naiit. ah for myeelf, i oun
neeer voir for .1 wei' oundldute
eueh etr. 0oc bue nhown him
eell to be "
M l n. i. V Keeoetlinp. prrmtdrnl
of ihr Oi nirui v t. U . i" equulls
Dertuln inn women win not ndhere
to p.irly llnrn whn a "wrf lHur
! up No miitlrr lo w hut p.irty
1 belonpedi 1 oould notot ote for
mo ii a eundidute end win novof
buve my rote nor that ol maiiy
othei women Thr llth 1 mend
men! 1 a law ami of touroe C01
won I.l ha v I" Hi-r to 1 1 m i'ii ft 11 t
no nt if he wrrr In of fin Mil hr 1
In known to hr in Mmp:ifh with
iint i prohlltlonlete end will fovef
t hiinglng the law."
'I am fm rv tii.it i p"liiii-.l p.rly
uoiild xtoop no low to mime a
hi I' ramllilati- Junl lo K t tne votes
of a leilaln 01000,' Mi H B. Clu
low. tfeueUfOf of the North Hide
Union und of the city federation
end eounty nuperlntendeni f moth
n I i -..I en 1 1 rda y .
I
vole
.lo not Ibluk
that wornen ll
f..r him.
I hoi n dfmoct.it. htil I ran not
vote foi t ot bocftuoe tif hin eenil
men! townrde prohibition" Mm. u.
m Bnteoi rlci preoldenl of ihe Kant
.side w C. r r. etfttedi if the
prohibit hoi pa rly plnOM a Hit OUI
i no ugh Ce militate Of a I hi id party
nomtnutee a man whone vie we
right on t but aueutloUi I w ill
for htm "
ICASE IS DISMISSED
I ourt HoldsV TWO Men cliaritctl Willi
Micnipiltur ItohlHrv Were .lusi
Mahlng i iMiis of "nic.ila ivcs.
nisinissing the Donjolni roMary
eharga aglnal w. h aunttan and
V 'P Thompson arrested by Ihe
police .lime '-'ri as the men who at-
tenipted to
ami kernel
wives, .lust I
prellmlnat v
gtalad that
ami making
Hint hr did
hold up jtvmag Nallgog
Crawford and tliclr
a I i' Matey at Ihe
hearing yesterday.
the man wen trunk
fools of themselves hut
not believe they Intend-
i d to nib the occupants of Ihe unto
which Ihey stopped west of Hed
1'ork The court fined each man
l.'iO end costg for carrying con-l
veiled weapons
Nellson. dti'lns the car. positive
l Identified the defendants as thet
men vvho held n revolver on hi n I
and Ofdarad blin 10 stop the car;
and put his bands up Instead of;
complying with Ihi demand, he
knocked one man from the running j
board of the car and then drove!
rapidly away. The court, after
hearlnn the testimony of Nellson,
that the mi
front of Ihf
wet e In the t oad In j
nr In a drunken con-I
dltlon, hold 'but they prnbablv were
not Intendlttg to mk the occupants
of thn ear.
ll.MS SI I S KTV ltIMtOn.
I a nut r (iiilms DfMMgjg Water llns
DPIPagtsd Him In Sum i.l IJ.'illli
PamiiKes of I2,f'00 lo his farm due
to drainage water ovarflttwlitg the
land, were asked In a suit filed In ;
superior court yesterday by Hiram
Adams against the Katy railroad.
Adams 0 lai RII Ihe road luilll a 10
foot embank-nent In ,T -1 ft 12 anil1
Unit drain. ie water iasae, Ihiougil
a ' ill' '-li unto I hr lauds of tills
plulntlff daiiiiisliiK bis crops anil
wnsbios away the soil.
Ninth Annual Semi-Annual Statement of Condition,
June 30, 1920
Tulsa Union Loan & Savings Association
Tulsa, Oklahoma
iti sot
Loans. .
He il
Htock
( lharl ' r
Bet ale
Ki
Curtilt u r r
Adv .in, i
a tut
Dlaoi
l-ixtutefi
unt!
All other Itestiurces
Oagh on Hand ,
Total
l.lAIUI.iTIIS
)l posits
Installment dues
Optional dues
li. paid dues
Dividend Dtteg
Illle linriowtie
line Hanks
Iteseive foi Maturities
Hurplus Cndlvltletl profits and
Total
.State of
k l i horn. i . County of
I Clave! Hi iii e secretary of the above named association, do
solemnly swegl thot the above statement is true to the beet of
my knowledge and belief, so help me (lod.
Cleves Hruce. secretary.
Sub s. rlbed and gWOrg lo before me this 7th day of July, 1920.
Harold J Kulllvun, notary public.
IMy ion, mission cxpites March 1. 1924 )
Mark i- Can N it Oraham, T c. oiddings, nirecton.
PAYMENT READY
li .ni .rvpil on any elect ion board in 1919 or
1920 (except for .school .actions) please call
for your check at once. ,
MRS. FRANK SHAMAN, City Auditor,
Municipal Bldff.,
Fourth and Cincinnati.
Notice to Water Consumers
in District No. 1
The 10th of the month is your last day. If not paid
a 10 per cent and turn-off charge will be added to
your bill.
Ci S. YOUNKMAN, Commissioner.
STOCK FORGER CAUGHT
Cashing of A II. C lioquifi In Tul
sa and Other Town la-il to tlw
I iidoliig of rainier.
W Calmer, alias W. C MarAd
ams, alias C llalley. who has been
S aerating In the Oklahoma and Tex
as nil field through 'he Instrument.
Hilly or forged stock certificates le
now in the county Jell at Dallas,
Teaee,
cording to word receiveil
I ' ig hy
el, in tile local I'l.mtn o' III''
BhtWIOg defective agency of Wichita
Calls. Texas, which Is responsible
for his apprehension
Calmer, at Veinon. Texas, sold a
forgeti Texhoma lertlfloats through
ihe itiutti oil exchange for l.t.T.il)
hb h was aboul one .third less than
Its supposed face value. lie then
pmchnacd 11.100 Worth of A, II. C
travi rere chetpiee which he pro
ceeded to cash n many 'iklahoma
ami Texas towns Through this
medium he was traced through lo
Tuis.i, Oklahoma City, vviciiu.i caiie,
Claoa md oihei i iiics. When i;auaht
al lllg IpflllgO Texas, be had ptm
tlcally completed the sale of a
forged ceitlflcale similar to Ihe one
In sold In Vernon.
TI l.s MAY 1KT M:V ( ol I I (.1 ;.
Mi llmillsl . ommlselon Will Mrt't
Mere Next Cult to lilwurvs Clan.
Method la. commissioners will
meal In Tulsa the last week In Sep
tenibei t" receive bids for lh" Meth
odist collegt planned for Oklaho
ma. Re! I, H Barton, pastor of the
lb, eion avenue M. K. I'hurch, staled
upon bis return yesterday The
proposition! made by titles at the
icceni meeting of the board of
COmmteeionorg In McAlester were
not ' nnsldered high enough to ac
cept. Mr Harlan said. The cities
inn k liter the best offers were Tulsa.
Oklahoma City, McAlester, and
Hhawnce.
Afict you see 'The gjttd of the.
Head" at the 0 rand i you will ask:
Why hav-e we been kept In Ignor
inci of the world's worst enemy?
Advt
6 to 9
Paid on Your
Savingt
No taxes. Under state
supervision. Interest
paid from date of de
posit. Accounts solic
ited. Assets over $800,000
Tulsa Union Loan
& Savings Assn.
8 East Fifth St.
Oaage 5254
iu'i:s
.17(14. Ill
74X,00.00
l4,:il2.r,o
l.SOOOO
2.121 41
6. .161 04
. 2J. 012.40
. Yi, 890.74
. t09,S68.63
. 1707,039.59
1273.499 :10
:i4i.i7.i
II ltil o
4,000.00
contingent Itrserve
1.940 1!)
66.000 00
20,815.41
IMfl.lT
I809.la8.43
Tulsa, ss: