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Sophocles Shows Renewed ' Interest in Oil Field Mike'n me hev bin all fussed -up after hernin' thet th' big companies are comin' in to this field, cause its a mortol cinch they ain't a comin' in onuess they's pretty sure. But as long as they air reely comin' in there's nothin' to it. Ginerally th' big fellers is like Mike wuz onct when he wuz a kid an' he figgered on swipin' the ice creme where they wuz a givin' a party an' left his name off th' list. . Mike snuck around and found th' freezer all full o' cus tard an' cud a made off with it but he sez to his self Y' As long as I'm. gonna git it anyway, might as well leave it till sum body else freezes it," so he waits till a couple uv weak-chinned kids got palpitation o' th' heart turnin' the crank and got the creme all froze, and then Mike he snuck in and cops it. He let sumbody else git it redy to eat before he tuk it and thet's th way th' big fellers ginerally does. But when they freezes it theirselves, as yu might say nothin' else for a body to do but git in an' git in quick that's us Wal Mike an' me wc wet to th' bank yesterday an' we draws a considerable amount o' checks 'cause we bought stock in every company what's doin' bizziness in this here field. Mike wuz kinda parshial to one o' them and I was a little parshial to anuther, but between us we grabbed off enuf stock to keep us in four-bit cegars and a front seat at th' oprie th' rest o' our lives when they gits th 'oil in Holbrook, which they sure goin' to do. Mike he laid awake last nite makin' all kinda plans on what he's gonna do with his coin. As nere as I recommem ber, amung other things, the first thing he is a gonna do is to hire a manicure girl to hold his hand an' fix up them nails what he's been a stockin' against quartz ledges fer the past twen ty years. Says she's gotta be a blond, but I argified that a bru nette wuz th' best. Next thing he's gonna do is git a lemonsine v X ill a luggci uoiibi un av, w gonna buy a ten-acre lot fur our old Nevada friend "Curley" with two kids follerin 'around all day, . one with a piller and one with a bone. As fer me I'm gonna spend my money as an eddicated man wud. I'm a gonna build a library fer Holbrook an hev my name carved on th' front porch. What they needs is a library in every town. ' I've bin in many a place when a man wants to see a Police Gazette or th' sportin' news, there ain't no chance at all. Course I alius reads Ibsen an Brownin', an' Isaac Walton just as I allers goes to see Sir Beerbomb Tree, Mable Normand an' Charlie Chaplin in th' shows nothin' is too high-brow fer me, but a feller's got to keep up with th' times an rede th' sportin' papers just t' keep up on th' gineral knowledge o' th' times. I wuz down to th's track th other day when a train pulls in an sidetracks a car loaded to th' gunnals with a rig an' equip ment fer a new well thet's to be started an' I'm tellin' yu that it sure looked good an' looks like bizziness. An' when I seen six teems a startin' to haul it out to th' field I sez to . Mike, - sezzi, "Thet feller ain't a gonna let no grass grow under his feet th' way he's starting in an' he must be plumb enthisiastic th' move he's gittin 'on." Mike got so en thused that he hopped one o' th' wagons this mornin' an' rides out to th' field some eighteen miles just to be on th' ground. ThisH make four rigs on th' field an' anuther one a comin' makes five. I've hearn tell as how some eastern gents is a gonna contract to drill five wells theirselves an' how the Carter Oil cumpany is a gonna git busy right soon. Purty soon there'll be enuf rigs to remind a feller of th' way they's a stackin' up in the Ranger field, an' onless I miss my guess well give Mr. Atwood anuther chanct to write about an oil boom an 'take it frum me the Holbrook boom will be the biggest yit. It will pay you to attend Wetz ler Supply Co.'s pre-inyentory cale this week. "Oils Again the Market Feature" This phrase recurs every few days in the telegraphed reports of the New York stock market. Railroad stocks hesitate, indus trials tend to decline pending the period of uncertainty as to the future course of business devel opments, bonds are doubtful as to the out look, but oils are firm, or bouyant, or advancing. Oil stocks, like all other stocks that steadily advance, have fre quently small reactions. After several days of continuous rise, the speculators on the long side sell, to realize profits, with the intention of going in again after the market has dropped a few points while absorbing the real izing sales. This sort of a tem porary drop is not a real decline. It is a natural readjustment for a future rise. "Oils Again the Feature of the Market" has been the most fre- quent headline in stock market reports since the armistice.. It will rrobablv atmear with in creasing freauency after the peace is signed. It has no doubt ful reconstruction period before it. as have all other croups of Wall street stocks. Neither is it returning to former conditions Before the war oil stocks were seldom mentioned in the reports of transactions on the New York Stock Exchange. They were relegated to the "Curb", an outside market for stocks that could not gain admission to the big exchange. But now one large oil company after another is being admitted and listed amone: the elite. These stocks are rapidly commanding increas ed attention in the great stock market and seem destined to be come the market leaders. Noth ing could be more important. If thev are prominent in the New York stock market as leaders they will soon become market leaders in all the great stock markets of the world. Indeed we seem to be entering a new in vestment and speculative era, in a chartered world. (Mine ana Lands) . Wildcatting a Necessity. Few persons realize what un ceasing effort is necessary to se cure a sufficient supply of crude oil in this country. The decrease 01 oil-well pro duction and the increase in the demand by tens of millions of barrels yearly compel producers to expend large sums in pros pecting new territory. For this reason "wildcat wells" are drill ed outside the Limits of produc ing pools. This is a good deal of a gamble. The largest part of all the known oil-fields is either being operated by companies, or has been withdrawn by the govern ment. Less than two-tenths of one per cent of the oil area in Perm sylvania is productive. More than half of Wyoming's produc tion is within a space of six square miles. The noted Tepe tate-Casiano pool in Mexico, which has produced 75,000,000 barrels of oil in eight years, is only one mile wide and four long. Much pioneer work must be done to insure supplies of oil. The national policy in recent years, of withdrawing oil areas from entry as soon as discovered by prospectors, coupled with re fusal to pass leasing measures or grant rehet to claimants on withdrawn lands is rapidly dis couraging the development of new territory and our reserve oil supply is declining in face of an increasing demand. Why ihj$ dog in the manger policy is continued by congress is hard to understand. Monta- bello (Cal.) News. Love Letters in Hymn Book. A pair of lovers who had been for bidden to speak or write, attended the same church, and their plan was the exchange of hymn books. As the young man was an officer of the church he did this little Job before service. Most delightful and satisfac tory love letters could be pieced to gether by following certain lead-pencil marks, and in order to elude even a Sherlock Holmes of the household, the letters were made to read from the end to the beginning of the book. Road of Frights. In the central part of China there Is very strange road, which leads to the famous Ming tombs. On each side of the avenue are huge figures of elephants, camels and giraffes, lions, etc. Each animal Is carved out of a solid piece of etone. They are prob ably mora than 500 years old. NOTICE To Owners and Prospective Purchasers of Lots in the Clark Addition I have just been author ized by Mr. W. H. Clark, now of Los Angeles, to pro ceed with contract for plac ing five-Toot sand and gravel sidewalks in front of all un sold lots, and for the ditch ing, grading and graveling of all adjacent streets in the Clark Addition, provided similar work will be done by the present owners. When this work is completed all lots in the addition will im mediately increase in value fully fifty per cent, and will make the property the most desirable in Holbrook. With this end in view, I have per fected arrangements wit competent road-builders to give us a 40-foot graded street, with one-foot ditch a curb, with two-foot raise in center, 12 feet of whie street will be piked with sufficient depth of gravel and also a 5-foot substantia! sand and gravel sidewalk The total cost for all this work per 25-foot frontage will be $6. This price wi be added to all unsold lots and those who have already purchased mav secure the work upon the payment to me of the price mentioned Whether you have bough these lots upon which to build a home, or for specu Iation, this 6 per cent invest ment will increase the value of your property fifty per cent, and since we expect to start work within the nex few days, I will ask you to advise me immediately o your decision. witn your co-operation we can make the Clark Addition lots double in value within the next ninety days, without waiting for oil. Let's get together build some homes. put in some real streets, build some sidewalks, plant somé trees, install some street lights, and show the rest of Holbrook that it does not al ways pay to be close in. On account of bad weather, which made it impossible for many prospective purchasers to see this property during the last week, the advance in price advertised to become effective on February 15, will not become effective un til Tuesday morning, Feb. 18th. . About $28,000 worth of these lots have been recently sold, yet by reason of the west end, (directly north of the high-school building) having just been platted, there yet remain unsold many very fine lots. Monthly payments on con tracts may be made to the undersigned or to either of he local banks. G. C. Hall. Legal Blanks ine iNews omce nas in stock at all times a large variety of legal blanks, in cluding quit claim and war ranty deeds, powers of at- orney, option contracts, oil ocation notices, oil land eases, (special iorm lease drawn by an eminent at- orney familiar with condi- tions in tne rioiorook dis trict,) and various other kinds of blanks. Mail orders filled. - tf The WinBlow Undertaking Co. haa a complete auto funeral equipment and is prepared to handle all business in a satis factory manner. J3t. Town, County and General News Stories of Interest Gathered and Written During the Week by the News Staff of Reporters. If You Don't See It Here, It Didn't Happen. Anyhow, It's Worth Reading. Judge Sidney Sapp is at tending the annual meetings of Masons in Prescott this week. Dr. Swisrert. the Denver optician, was in Holbrook last Monday looking after professional business. Mrs. W. W. Newman left last Monday evening to at tend the annual meeting of the Grand Lodge O. E. S. A light snow fell in this locality Tuesday night. Most of it was melted Wednesday bv the sun and the warm wind that prevailed through out the day. Mrs. Wm. Lee, who was called home from Flagstaff early last week by the seri ous illness of her husband, has returned to that . city. Mr. Lee is greatly improved in health. W. G. Bussee, traveling representative of Blake, Mof fitt & Towhe, paper dealers of Los Angeles, was in Hol brook last Monday calling on his customers. Wallace Ellsworth mem ber of the firm óf F. Ells worth & Sons, Showlow mer chants, spent two days in Holbrook this week buying merchandise for his firm. The News "office had a pleas ant visit - with the gentle man. ' H. H. Scorse returned to Holbrook last Saturday from Phoenix where he had spent several weeTss looking after his stock ánd land interests. Mr. Scorse is wintering his sheep near- Phoenix, and dur ing the winter months spends much of his time in that city. Mrs. M. L. Whitton of Wichita, Kan., will arrive in Holbrook tonight to visit the home of her son, Frank Whitton. Misses Louise and EllaDadey visited relatives in Winslow Sunday. Miss Louise re turned to Holbrook Monday morning; Miss Ella will re main in Winslow for two weeks, when she will return to this place to accept a posi tion as stenographer in the office of Attorney C. H. Jor dan. - . " Lloyd C. Henning left here Monday evening to attend the annual meeting of the Grand Lodge of Masons in Prescott. After the session of the lodge Mr. Henning will go to , Phoenix . to visit his family and to accompany them to Holbrook. The youngest- member of the family, a son born a few weeks ago, whom the father has never seen, will be of the party provided he is pleased with his paternal ancestpr. James Donohoe, the well Known stocKman oi Ada maría, was a business visitor to Holbrook Monday. Mr. Donohoe returned Saturday rom Colorado where he and his partner, Phillip Marges- - son, are wintering a large bunch of cattle. These cat- le are at Crook, in the north eastern part of the state, where there is plenty of at alfa and sugar beets which make excellent forage for stock. Mr. Margesson and his family are spending the winter in Denver. J. F. Treat, proprietor of the Lakeside sawmill, was in Holbrook Tuesday when en route to Flagstaff. The Wright lunch room sells pies, cakes and other dehcacie3. Cakes made to order. ÍD 6-tf) H. M. Moritz, of the Mer chants &Stockgrowers Bank, returned Friday from a short business visit in Albuquer que. A conference of the forest supervisors in Arizona and New Mexico was held Albuquerque this week. C. Hoyt, supervisor of in T, the Sitgreaves forest, attended the conference, as did Frank lin H. Owens of Lakeside. Mrs. H. Mortiz will enter tain guests at cards, on Fri day afternoon. Miss May McClanahan has issued invitations to friends for Satnrday night, at her home. A choir is being organized by local musicians to furnish music for church services, The members meet at the Methodist church every Sun day evening at 7:00 o'clock for practice. The Merchants & Stock growers Bank has just in stalled a new steel cabinet containing sixty safe-deposi drawers. These will be rent ed to any persons who desire a safe place to keep papers. jewelry or other articles o value. mi rne annual convention o Arizona cattlemen was held in Phoenix this week, Among those who attended from this county were Fránk Campbell and C. E. Owens An adjourned session oí the county supervisors wil be held in Holbrook tomor row. ' E. I. Hastings, field man ager for the Holbrook Oi uo., visited fns sister, in Winslow last Sunday. Attorney W, H, Burbage and A. H. Hansen of Wins low, are in Holbrook today on Dusmess, Mr. Hansen was discharged from the U, S. army about a month ago, returning to his home last week. During the term of his enlistment he served in á balloon squadron stationed at Arcadia, near Los An geles. Mr. Hansen is in fine health and is glad to be at home again. George Wright, proprietor of Wright's Lunch Room, has started the construction of an addition to his place of business. The annex will be used for a dining room, the increasing Dusmess oi tnis popular restaurant making more room necessary. W. J. Hennessey, manager of the Adamana Oil Co., has gone to El Paso to purchase a water well drilling rig, This company has been haul ing water for the boiler at its oil well and it was de cided that money could be saved by drilling a water well before going further with the oil well. Mr. Hen nessey will return in a few days, coming back through Phoenix. Dr. A. F. Switzer returned last night from a business trip to Wagon Mound, N. M. Judge J. E. Crosby re turned last night from Phoe nix, where he had spent sev eral days hearing a case for Judge Sanfcrd of the Mari copa county superior court. Chairman Creswell, of the county board of supervisors, came to Holbrook yesterday morning from Winslow to go to Snowflake with other members of the board to in spect the new school house just completed at that place. Fine Attraction at Pastime Tonight Mae Marsh, the little 21-year-old daughter of New Mexico, will play tonight at the Pastime theater in a thrilling detective story writ ten bv Irvin S. Cobb ' 'The Face in the Dark." FARMERS EN BEST FINANCIAL SHAPE OF RECENT YEARS Smooth Transition of Agricul ture to Peace Basis Predicted by Federal Reserve Board American farmers are in better financial shape than they have been for years, according to a recent report Of the Federal Reserve Board at Wash.' Ington, which also predicts a smooth transition of agriculture and industry from a war to a peace basis. The board's review of economic conditions throughout the country is based on detailed -reports made to it by the governors of the twelve federal re serve banks. "The farmer Is said to be In the best financial shape for many years1 the review says. "In the South he Is able to hold his cotton for better prices and is marketing his output conservatively. "Excellent crop prospects are re-, ported from the wheat states of the West and from California. On the Pacific Coast the prospepts for excel lent crops are exceedingly bright. "Victory year" crops, according to another government report, added1 $17,000,000,000 to our wealth. The1 principal contributions were: Corn-2,682,814,000 bushels, $3,528,- 513,000. Wheat 917,100,000 bushels, $l,874,r 523,000, Oats 1,538,359,000 bushels, . $1,092, 423,000. Barley 256,375,000 bushels, $235,- 269,000. Rye 89,103,000 bushels, $134,947,- 000. Potatoes 397,676,000 bushels', $475,- 731,000. Hay 75,459,000 tons, $1,522,473,000. Tobacco 1,340,019,000 pounds, $374,318,000. Apples 173,632,000 barrels, $229.- 390,000. As a result of the 'flourishing condi tion of the farmer In feeneral the gov ernment .expects him to take a large block of Victory Liberty Loan Bonds In April. BORN OF WAR It is difficult yet to value accurately or In some Instances to perceive all the war has brought to our national fife or pruned from it. The things we, think little now ' may appear to posterity the greatest. The Thrift Stamp Idea seems to be one of these. Originated as a war emergency meas ure, it has taken hold; has appealed to the common sense of America, and may yet shape the destiny of the nation. It is patent, now that the war is over, that the Thrift Stamp has come to stay. If we get nothing else out of the war but the habit of saving, which begets the corollary simple living, we wilj have reaped the full fruit of the war. For a thrifty democracy Is a firm democracy, a potent democracy, democracy strong enough tP pre serve itself, ' A man who saves a better citizen than the man who does not save. He becomes a stockholder in bis govern ment and he Js Jealous for the wel fare of that government in war and In peace. In war he will fight for It with his Ufe. In peace he will protect It from those who would tear down. As America saves from this day on so shall she grow in benign power and In the eyes of mankind. "A bank ac count for every. American citizen' Bhould be one of our national slogans. The Thrift and War Savings Stamp Idea is freighted with a mighty change for the better in our national life. The Thrift Stamp Is backed by the United States eovernment. Without boubt it Js the greatest investment er offered and it Is in such a form ,i::it every American, big and little, yan tfiiie advantage o". It. Origin of "Algernon," The name Algernon waa originally nls Gernon," and was first applied to one or the crusading Percys. His name was William, but his fellow knights called him William els Gernon or Gernon, meaning William with the Whiskers, or just Whiskers for short As Algernon the name has persisted In the amily to tie present time, and the tenth duke of Northumberland, who died recently, was Algernon rercy. Fat Not Used. Burma is one of the few lands it which fat Is not used for lighting oi Industrial purposes. , ' QUOTAS OF LOAN WILL DEPEND ON Oversubscriptions of January and February Savings Cam paign Allotments to Re duce Loan Task Victory Liberty Loan quotas of the Twelfth Federal Reserve District are to be determined in some measure by. the amounts loaned the government by each district In War Savings Stamps during January and February. If a district oversubscribes Its War Savings Stamp quotas for the first two months of the year, its Victory Liberty Loan quota will be decreased to the extent of the oversubscription. Conversely, if a district falls to. reach its January and February Stamp quo-', tas. Its Liberty Loan quota will be increased. : When Lewis B. Franklin, director, of the War Loan Organization, waa In I f'an Franclsco recently, he revealed" signed there was In progress In Wash-' ington a meeting to formulate plans for the continuous sale of . Liberty, Bonds such a plan as governs the sale of Thrift and War Savings Stamps. Moreover, the Liberty Bond; and War Stamps work was to be closely coordinated. These plans were immediately dls-, carded when the Germans signed the armistice and when Secretary of the Treasury Glass took office he an nounced that the Victory Liberty Loan would be the last. In the face of 8Hg: gestions that the Victory Loan be put on a cold commercial Dasis, ne aaaea that the men making these sugges-' tions were discounting the patriotism pf the American people and be would depend upon the patriotism of tb9 American people rather than place se curities of the United States govern ment upon a plane with the paper of private corporations. . j The banks used to buy United States bonds bearing 2 per cent Interest be-, fore the war. That's how good the credit 'of the United States is. The $100 you put into a Victory lib erty Bond will be worth $125 plus inr terest when prices settle down. A dol lar Is wortb what you can buy with (j. Better have the bonds of the United States in the hands of 30,000,000 ordinary citizens than concentrated la the hands of a few rich men. Think of that when Uncle Sam offers you a Victory Liberty Bond. Don't think you have sacrificed be cause you may be .paying for your Interest-bearing Fourth Liberty Loan Bonds. These fellows back from France legless, armless or sightless don't think they have sacrificed. They simply think they did their duty, The Victory Loan coming In April is the last Liberty Loan. Then the war is over for yoj. It will be still going on for 1,000,000 Americans In' France. WHO SAYS IT? Slogging through the mud of France, Camping In the rain; Hiking In a frozen trance Down some German plain; "Fall In!" hear the sergeant yell, Far from home and clover; Tell me, who the bally hell Said the war "was overt" Chow for breakfast slum for noon ' Who says men are free -While the bugler's foolish tune Pipes the reveille? "Right dress!" hear the sergeant buzz From Mainz across to Dover; Tell me who the hell it wus Said the war "was over?" Cleaning up a mass of wire. Stained with clotted blood Where the big trucks bog and mire In the winter mud; Full of filth and fleas and fuzz Cannoneer and drover, Tell me who the fat-head wus Said the war "was over?" Grantland Rice. Cable the Peace Conference America's prestige Is at stake la the coming Victory Liberty Loan. The eyes pf the world are fixed qpon us. The nations of the world are going to rate us on this last effort. It is right that they should Judge us, not by what -we do in the heat of the strug gle, but by our condition after the fight. One of the best guarantees of world peace for years to come would be the successful flotation of the Victory Lib erty Loan for five or six billion dol lars. Even a combination of powers Inclined to start another war would hesitate In the face of such a display of tremendous national strength. Every man who buys a Victory Lib erty Bond next April, moreover, will e adding fo the determination with' which America speaks at the Peace Conferenpe, There are undoubtedly going to be many moments during that Conference when every whit of the power of the United States will be needed to shape into actualities those ideals for which we entered the world struggle. Let the cables carry Into the Qua! d'Orsay this message: America has oversubscribed her Fifth Liberty Loan by more than a billion dollars." Labor. Labor Is the grand conqueror, er rlchlng and building up nations more surely than the proudest battles. Channing. ' " '