Newspaper Page Text
6
Tri-Weekly Market Reports
COTTON
NEW YORK, Feb. 14.—The cot
ton market opened firm at an ad
vance of IS to 21 points on old crop
months in response to unexpectedly
heavy figures on domestic consump
tion for January as published by the
census bureau. Later months were’
four points higher to five points
lower, however, and the general list
turned weak right after the call
owing to the failure of the census
figures to create any general or ag
gressive buiying. May broke from
33.25 to 32.50 during the first half
hour, making a net decline of 50
points, and old crop months gen
erally sold 47 to 50 points net lower.
The new crop was relatively quiet
but sold off 15 or 20 points from
the opening figures. The census re
port placed domestic consumption
for January at 576,644 bales against
461,560 for December and 610.306
for January last year.
Fart of the early selling was sup
posed to represent hedging of spot
cotton held in the south and there
were rumors that some of the mills
were selling hedges against stocks
of yarns or goods. After the break
to 32.50 c for May and the execu
tions of heavy stop loss orders, offer
ings became lighter, ’ however, and
the market was much quieter later,
with prices showing rallies of 20 to
28 points from the lowest on cover
ing. There also seemed to be some
buying on a belief that the technical
position had strengthened on the de
cline, and prices at mid-day were
steadv around 32.78 c for May, or
about 22 points net lower.
Little buying power was in evi
dence on the moderate mid-day ral
lies, and the market weakened'again
during the early afternoon on a re
newal of heavy general selling which
seemed to be inspired by continued
talk of unfavorable conditions in the
cotton goods trade and mill situation.
May broke to 32.77. and July to 30.75,
making a net decline of 73 to 90
points on the old crop position, and
the market was unsettled at 2
o’clock.
NEW YORK COTTON
The following were the ruling prices in
the exchange today:
Tone, weak; middling, 32.15 c; quiet,
bast Prev
Open. High. Low. Sale. Close. Close.
March .32.87 33.10 31.75 31.80 31.78 32.87
May . .33.25 33.27 32.05 32.10 32.05 33.00
July . .31.80 31.85 30.52 30.54 30.52 31.65
Oct. . .27.80 27.82 27.20 27.20 27.20 27.76
11:45 a. tn. bids, steady; March, 32.58;
May, 32.76; July, 31.35; October, 27.65;
December, 27.24.
NEW ORLEANS COTTON
NEW ORLEANS, Feb. 14—The
best weather of the winter over the
belt completely offset the effect of
favorable consumption figures in
the cotton market today. After ad
vances of 10 to 28 points soon after
the opening, there was a fall to
levels 23 to 50 points under the close
of yesterday by the end of the first
half hour of business. March rose
to 33.15 and then dropped to 32.50;
October rose to 27.28 and dropped
to 26.95. The census bureau count
ed consumption in this country dur
ing January at 576,644 bales, a
much larger figure than the trade
looked for. In December consump
tion was but 461,560.
Selling let up for awhile and the
market made small recoveries but
around noon pressure was again felt.
'-~tmd soon after noon March was off
to 32.35 c and October to 26.84 c, with
the list 34 to 76 points under the
close of yesterday. Further talk of
dull cloth markets on both sides of
the water had much to do with the
gelling.
r The decline continued into the
afternoon session, but was checked
toward 1:30 o’clock by realizing
purchases from the short side*, Ar
the lowest March fell to 32.21 and
October to 26.77, the list shoeing
net losses of 41 to 86 points.
NEW ORLEANS COTTON
The following were the ruling prices 1«
the exchange today:
Tone, weak; middling, 32.38 c; steady.
Last Prev.
Open. High. Low. Sale. Close. Close
March .32.110 33.15 31.92 31.96 31.92 32.99
May . .32.56 32.70 31.39 31.42 31.40 32.42
July . .31.62 31.71 30.32 30.35 30.35 31.50
Oct. . .27.26 27.28 26.50 26.50 26.50 27.18
Cotton futures, noon bids, steady; March,
82.52; May, 32.02: July, 30.98; October,
26.95; December, 26.50.
SPOT COTTON MARKET
A’tlanta, steady, 32.15 c.
. New York, steady, 32,15e.
New Orleans, steady, 32.38 c.
Galveston, steady, 32.15 c.
Mobile, steady, 31.75 c.
Savannah, steady, 31.87 c,
Wilmington, steady. 31 90c.
Norfolk, steady, 31.88 c.
Augusta, steady, 32c.
Boston, steady, 33c.
Dallas, steady, 3L3Oc.
St. Jamis, steady. 33.50 c.
Montgomery, steady, 31.63 c.
Houston, steady, 32c.
Memphis, steady. 32.50 c.
ATLANTA SPOT COTTON
Atlanta spot cotton 32.15 c
Receipts 361
Shipments 055
Stocks 31.83!
LIVERPOOL COTTON
Tone, eas.i ; sales, 5,000; good middling,
1».49d.
Prev.
Open. Close. Close.
February 18.41 15.68
March .18.76 18.52 18.78
April IS. 53 18.79
May ‘ 18.77 18.55 18.81
lime 15.41 15.71
July 18.38 18.14 IS. 39
August 17.61 17.39 17.63
September 16.57 16.77
October 16.23 16.04 16.21
November 15.90 15.72 15.92
December 15.62 15.82
January 15.54 15.75
COTTONSEED OIL MARKET
Open. Close
Spots 10.011 bid
February JO.OOftiIO.SO 10.000 10.12
March 10.30 ft/ 10.34 10.29 ft, 10.30
Kuril 10.45 ft/ 10.65 10.45 ft/ 10.60
May 10.72 ft/ 10.75 10.70 ft/ 10.72
June 10.78ft/10.89 10.75ft/10.86
July 10.950 10.96 10.91ft/10.93
August 11 .00011 .03 10.97 ft/11.03
September 10. Soft/' 10.95 10.830 10.87
Tone, steady; sales. 17.000.
ATLANTA COTTONSEED PRODUCTS
(Corrected by Atlanta Commercial Ex
change.)
Bid. Asked.
Crt'de oil. basis prime tank..s 9.00
Cottonseed cake. 7 per cent
ear lots
C. S. meal. 1 per cent am-
monia. ear lots 40.00 41.00
C. 8. meal, at common rate
4 points, ear lots 37.50 38.50
8, hulls, loose, ear lots.. 17.50 15.50
<’ S. hulls, sacked, ear lots.. 20.59 21.50
Linters, first cut. 12%0 .
Linters, second cur (cottonseed bulls fiber or
savings. 4ft/sc.
Linters, clean, mill run. 6%07'.c.
NEW YORK COFFEE MARKET
Open. Close.
March 13.85 13.78ft/13.-5
•'!«.’ 13.60 13. !.:(</1.;. 15
July 13.13 13.23 ft/ 13.25
September 13.26 13,036(13.05
October 12.95
December 13.05 12.85
CHICAGO PRODUCE MARKET
CHICAGO. Feb. It. Butter. 6.396: cream
ery. extras. 50%; creamery standards, SOI-.-;
firsts, 484/48%; seconds. 47’-.-.
Lggs. 12,506; ordinaries, 310 32; firsts.
3 41st, 3o %.
Cheese —Twins, 21%; Young Americas,
Live Poultry One car: fowls. 200 22’.:
ducks, 26: geese, js ; springs, 24%; turkeys.
20: roosters 16.
Potatoes 165 oars: Wi-con-in round
whites, SI .20'o 1.1'•. Miiinrsom slid X »rth
Dakota Bed Rivers, I’ -•.'•</l.to Idaho Bus
seta. »1.9002.X'.
THE ATLANTA TTH-WEEKLY JOURNAL
GRAIN
CHICAGO, (Thursday), Feb. 14. —
The feature of the wheat trade to
day was the lack of selling pres
sure. Longs who had confidence in
the market and held their lines
through the liquidating panic pf
yesterday were imbued with renew
ed confidence when Liverpool failed
to respond to the decline in Amer
ican markets yesterday.
There was some reinstatement of
long lines for this reason and later
shorts were run to cover when of
ferings failed to loosen up. On the
bulge, a little pressure from the
northwest relieved the congestion.
The propaganda bureau of the bulls
was in action, ami they were talking
of the necessity so raising the tariff
and they also had reports from
Illinois and Ohio telling of crop de
terioriation. Argentine estimated
shipments of 4,400,000 bushels show
ed a marked falling off from the
previous week and this was the
reason for the firmness of Liver
pool. Foreign exchange weakness
checked export trade.
Domestic milling demand was
quiet. Primary receipts were much
heavier than last year. Canadian
advices say that there will be 100.-
000,000 bushels of wheat moved
from the head of the Canadian
lakes in the spring for export via
Buffalo.
Wheat closed 1-8 higher to 1-4
lower. May, sl.lO 5-8 to sl.lO 3-4;
July, sl,lO 3-4 to sl,lO 7-8; September,
sl.lO 3-4 to sl.lO 7-8.
Bulls in corn were aggressive and
forced some short covering. The
buying was on the forecast of light
er receipts. Wire houses reports in
dicate that the peak of the winter
movement has been passed. Cash
corn tailed to follow the advance
in futures. Shipping demand was
slow. Country roads ar e breaking
up and this will restrict hauling
from the farms.
Corn was 1-8 tn 3-8 cents higher.
May. 80c to 79 7-8 c; July, 80 l-4c to
SO 3-8 c; September, 80 l-2c.
Oats showed little change. Trade
was without feature. Cash demand
was light.
Oats were 1-8 to 1-4 cents higher.
May, 48 1- c; July, 46 1-Sc; Septem
ber. 32 1 -Bc.
Buying by cash interests and com
mission houses lifted provision val
ues.
Lard closed 10 to 12 l-2 f cents high
er, and ribs unchanged.
CHICAGO QUOTATIONS
Ths following were the ruling prices In
the exchange today:
Prev,
Open. H gh. Low. Close. Clot*
WHEAT—
May .... 1.10% 1.11-L 1.10% 1.10% 1.10%
July ....'1.10% 1.11% 1.10% J. 10% 1.10%
Sept 1.10% 1.11% 1.10% 1.10% 1.11%
CORN—
May .... 79% 80% 79% 79% 79%
July .... 80% 5,0% <BO 80% 80
Sept 80%- 80% 80% 80% 80%
OATS—
May .... 48% 48% 47% 48% 48
July .... 45% 46% 45% 46% 46
Sept 43 43% 43 43% 43
LARD—
March n. 17 n. 0,5
May 11.37 11.10 11.27
July u. 57 11.45
RIBS—
Marell 9,87 9.87
May .... 10,10 10.10 ]0,05
July Kuo i 0.05
RECEIPTS IN CHICAGO
'Today.
Wheat 4,-j ~a rs
* 0111 535 ears
Gats i3j| ~a i. s
Hobs 40,000 head
CHICAGO CASH QUOTATIONS
( HIUAGO, Feb. 14,—Wheat, No. 2 hard,
$1.13: No. 3 hard, SI.OO %0 1. It;% .
Corn. No. 3 mixed, 77% ft/;77% ■; No. 2
yellow, 80%@8Je.
Pats, No. 2 white, 48% ft, 49c; No. 3 while
47%048%c.
Rye, No. 2. 72%c.
Barley. 61078 c.
Timothy, $7.000 8.25.
Clover, $18.00024.00.
Lard, sll.lO.
Rihs, $9.50.
Bellies. $9.87*.
ST. LOUIS QUOTATIONS
ST. LOUIS. Feb. 14.—Wheat cash: No.
2 red, $1.1601.18%: No. 3, red, $1,146/
1.17: corn, No. 3 white, 77c: No. 3 yellow
/7 0 77%c; oats, No. 2 white, 50c;’No 3
white, 49@49%e.
Close wheat: May, $1.11: Julv $109%-
corn. May, 80%X80%c; July, 80%c; oats'.
May, 50%c.
minneapolis~quotations
MINNEAI’OLIS, Minn., Fob. 11, —Flour
unchanged to 25c lower: family patents,
a barrel. Shipments, 45,468
laurels.
Wheat, No. 1 northern. $1,150:1.19.
Corn, No. 3 yellow, 72072%e.
Oats, No, 3 white. 44%e.
Flax. No. 1. $2.57% 0’2.62%.
Bran. $21.50025.50.
KANSAS CITYQUOTATIONS
KANSAS CITY. Feb. 14.—Wheal. No. 2
hard. $1.0701.21: No. 2 red, $1.10ft,1.13.
Corn, No. 2 yellow, 72C.e; No. 2 mixed.
71%e. ‘
Oats. No. 2 white, 48%@41»c.
Barley, 65c.
TOLEDO - QUOTATIONS
TOLEDO, Feb. 14.-—Cloverseed; old. $13.05
bid: new, $12.50: February, $12.50; Mareh.
$12.60. bid. Alsike. $8.75: Timothy seed.
$3.90 asked; February. $3.90, asked: March,
$3.95 asked.
BALTIMORE QUOTATIONS
BALTIMORE. Md.. Feb. 14Wheat,
/■losing. No. 2 red winter spot, $1.16%; No.
2 garlicky spot, domestic. $1.17%.
DULUTH QUOTATIONS
DULUTH, Feb.. 14. Close flax. Feb.
$2.60%; May, $2.59%: July, $2.57%.
METAL - MARKET
NHW YORK, Feb. 14.—Copper strong:
electrolytic spot and nearby, 12%0.13c;
futures, 13@13%c.
Tin strong and steady: spot and nearby
$55.00055.50: futures. $54.50.
Irno steady: prices unchanged.
Lead firm, $8,256/9.00.
Zinc firm: East St. Louis spot and fu
tures. SO.BOO 6.85.
Antimony spot, $10.50.
Sugar Market
NEW YORK, Feb. 14.—A slightly easier
tone prevailed in the raw sugar market
early today with Cuban offered at s7’4l.
duty paid, without finding buyers
Renewed selling by houses with Wall
street and Cuban connections, prompted by
the easier tone in the spot market caused
opening declines of 5 to 13 points in raw
sugar futures. Shorts and cpminission
bouses bought on the decline, however, and
prices rallide and at midday were back to
within 1 to 3 points of the previous close.
Business in relined sugar was light and
prices were Unchanged at $8.11116/9.(Hi for
fine granulated. Refined futures nominal.
NEW YORK RAW SUGAR MARKET
~ , Op'U Close
Mnreh 5.55 5,566/5.57
•'lay 5..55 5.596/5.60
•* lllv 5..57 5.636/5.61
September 5.55 .5 63ft/5 64
December . 5.c0 5.0505G0
Naval Stores
SASANN.MI. Ga.. Feb. 14. Turpentine
iirm. 94: sales. 61; receipts. 87: shipment-.
91:- stock. 11.205.
Rosin firm: sales. 1,063: receipts 1 119-
shipments, .50; stock. 97.364. Quote: B
SLSO: D. E. $4.506/4..57%: F. G, 11’
81.->-.' 6/ I-I. 81.556,4.57%: K. S|.7sr</
I'll M. sl.Boftz 1.90: \. S 5 15-,/.- ■>(< w1;
56.306» 0.35; WW. X. 5t;.55.
Liberty Bonds
NEW YORK. Feb. 14.—United States gov
ernment bonds, closing:
Liberty 3%s 151 5
bum is .' ;; /;;;;;;;
Second Is bid <>-/
First 4%s 99.7
Second 4%s
Third 4% s
Fourth 4’« s \’’ ’’ ’ /),; ’
Treasury 4% s ' 100'5
GRAIN MARKET OPINIONS
Stein. AJstein A- Co.: We feel the reaction
lias gone alwut far enough.
Bartlett. Fraxier & Co.: Do not expect
much further decline.
I.unison Bros, f Expect a quick recovery
from the decline.
Itulburd. Warren A C<> : See n > reason
i-u> wheal, hut would Im.' May eoru on an.'
further decline.
MILL PUUSES
ARE 578.604 BALES.
AGAINST 481.580
WASHINGTON, Feb. U— Cotton
consumed during January amounted
to 576,604 bales of lint and 40.251 of
linters, compared with 461,560 of lint
and 40,892 of linters in December anti
610,306 of lint and 50,535 of linters in
January, last year, the census bu
reau announced today.
Cotton on hand January 31 to
taled;
In consuming establishments,
I, bales of lint and 120,034 of
linters, compared with 1,623,453 of
lint and 112,949 of linters on hand
December 31, and 1,988,115 of lint
and 145,477 of linters on hand Janu
ary 31. last year.
In jiublic storage and' at com
presses 2,966,466 bales of lint and
82,742 of linters, compared with
3 526,164 of lint and 64,242 of linters
on December 31 and 3,485,952 of lint
and 45,935 of linters on January 31,
last year.
Imports during January totaled
47,693 bales, compared with 35,601
in December and 105,215 in January,
last year.
Exports during January, 546,253
bales, including 7,263 bales of linters,
compared with 845,581, including
11, of linters in December and
473,436, including 2,817 of linters m
January last year.
Cotton spindles active during Janu
ary totaled 33,339,806, compared with
34*044,870 in December and 35,236,-
928 in January, last year.
Statistics for cotton-growing
states include:
Consumed during January 391,038
be les, compared with 308,506 in De
cember and 383,959 in December, last
year.
Cotton on hand January 31 to
taled:
In consuming establishments
1,004,743 bales, compared with
I, on December 31 and 1,234,-
573 on January 31, last year.
In public storage and at com
presses, 2,667,432 bales, compared
with 3,227,466 on December 31 and
3,179,552 on January 31, last year.
Cotton spindles active during Janu
ary totaled 16,346,206, compared with
16,254,183 in December and 15,963,592
in January, last year.
Man Dies of Wounds
Inflicted, It Is Said,
By His Grandfather
DALTON, Ga., Feb. 13. —After lin
gering for about 36 hours, R. E.
Purcell, young resident of Gordon
county, who was -shot, it is alleged,
by his grandfather, a man named
Walraven, Sunday afternoon, died in
a local hospital Tuesday morning.
Walraven had not been arrested up
to Tuesday morning and was still
at home, according to a statement
of relatives who came here for the
body.
According to the information
brought here, Walraven had spoken
slightingly of some people who had
given a party in the neighborhood
several nights before, which Puree 1
and his wife had attended. Purcell
resented this, and in the quarrel
'which followed, the old man is said
to have seized his shotgun, and,
after warning others in the room to
stand where they were, advanced on
Purcell and shot him, the whole
charge entering his abdomen. Pur
cell’s wife was standing near him,
and her clothing caught fire from
the burning powder, the flames be
ing put out before she was seriously
burned.
Purcell was twenty-eight years of
age, and his wife and one child sur
vive him. The body was prepared
for burial and Wednesday afternoon
was sent to Oakman.
Shoes to Be Brightly
Colored This Spring,
Style Maker Says
CHICAGO, Feb., 13.—-The coming
season will see more color in shoes
than, has been displayed since the
14th and 15th centuries, Mrs. Mar
garet H. Rorke, representative of a
texttile color company, declared
Tuesday in addressing the National
Shoe Retailers’ association.
"Color is the silent partner of the
shoe dealer,” Mrs. Rorke asserted.
"It acts on the minds of women in
such away that they are compelled
to buy. Now we are coming back
to a renais a nee in the art of shoe
making.”
NEW YORK PRODUCE MARKET
NEW YORK, Feb. 14.—Flour: Dull and
easy.
I‘ork—Steady; ine-s, $24.25(1, 21.75.
J.ard—Quiet; middle west spot, $11.40(3.
11.
Siivtar —Raw. steady; centrifugal, 90-te<t.
7.41'-; refined, quiet; granulated, $8,604/
$8.90.
Coffee—Rio No. 7. on spot, 14%c; No. 4
Santos. 18' i Hzlß %<-. '
Tallow Quiet; specials. 7%<fi7 7 sC.
Ilav Firm; No. 1, sl.4oftz 1.50; No. 2.
$1.2001.25,
Dressed Poultry- Steady: turkeys, l.’/fti)
"si-: chiekWns. 19ft/-I,Se: fowls, Jtiftf3o<-;
capons, 2Sftt4B r ; ducks, 20028 c.
Live Poultry—Steady: geese. 20023 c:
ducks. 15035 c: fowls, 24ft/29e; turkeys, 22
ft/28i-; roosters. 16c: ebickens, 24 0 35c;
broilers, 40ft, 55c; capons, 25(z/33c.
Cheese—Stead.'; state milk, /•ouinion to
specials, 16 027 c: skims, common to spe
cials. 15011 b-; low grade, 5014 c.
Butter easier: receipts. 11,582% creamery,
"xtra. 51%ft’/52; do. special market. 52%0
53: state dairy, tubs. 44ft(51%; Danish, 510
51 i,; Argentine, 4404 M,.
IJfgs. weak: receipts. 23,-*SS; near-by
white fancy, 490 50; near-by state whites,
42ft; 49; fresh firsts, 3!’l%ft/45: I’acifie Coasi
extras, 420'49. western whites, 42049:
ut-ar-by browns, 4iift, 47.
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MORE DATA SOUGHT
ON EDITOR’S LOAN
TO SECRETARY FALL
(Continued from Page 1)
as to the legality of the leasing pro
gram never was referred to interior
department solicitors. He said. he
was very certain the program was
legal.
He (said the lease negotiations
were conducted “in the manner of
private negotiations” and added;
“I would not. have handled them
that way. It impressed me as a
wrong way.”
Fall Left Afterwards
Fall left'-Washington for his New
Mexico ranch immediately after
signing the Teapot Dome lease, Fin
ney testified. He could not say
where it was signed.
Before leaving, he said, Fall looked
the lease up in his desk and it re
mained there until he returned.
Asked if he was “suspicious,”
Finney said “I thought then and
hope now Fall was an absolutely
honest man.”
In dismissing the proceedings to
recover sections 36 and 16 in Cali
fornia from the Standard Oil Com
pany of California, Finney said Fall
had asked department officials only
if there was a dispute as to facts.
There was no dispute as to the
facts, Finney said, but there was
one of law. Fall did not ask as to
that, he testified, adding that he
then and now believed Fall s action
was wrong.
Frank A. Vanderlip arrived at the
oil committee room a few minutes
in advance of the hour which was
set for the hearing.
Crowd Disappointed
The committee assembled at 10:10
a. m., and then disappointed the
crowd by calling first Oscar Sutro,
counsel for the Standard Oil Com
pany of California.
E. C. Finney, assistant secretary
of the interior, was quoted as say
ing Secretary Fall considered it ‘‘un
necessary'’ to have Attorney Gen
eral Daugherty pass on the validity
of the oil leases before they were
made.
The testimony was given by Os
car Sutro, counsel for the Standard
Oil Company of California. He told
the committee that, he had suggested
to Mr. Finney that a department of
justice opinion be sought.
“Mr. Finney's reply, in substance,”
continued the ivitness, “was that it
was not the wish of the secretary
of the interior—no, I don’t think
that expresses it. lie said the secre
tary of the interior considered it
unnecessary to have the opinion of
the attorney general.”
Senator Walsh, Democrat, Mon
tana, led in questioning Mr. Sutro
when the committee session began.
He asked whether the witness knew
of the advertisement issued by the
navy department for the construc
tion of oil storage tanks at Pearl
Harbor.
“I do,” Mr. Sutro replied.
“Did your company bid?”
“I do not think we made a for
mal bid.”
“Why?”
He Doubted Validity
“My recollection is that the pro
posal was referred to me by either
the president or vice president of
our company with the usual request
that I pass on it. A part of my
functions was to attend to these
matters and pass upon the suffi
ciency of the proposal; whether its
acceptance would constitute a legal
contract, and the usual request for
any comment I might make. It was
my opinion that the proposal, if ac
cepted, would not constitute a valid
contract.
“One of the company’s officers said
there was a considerable quantity of
oil involved and that we would like
to have it. I made as thorough an
investigation as I was capable of
making, and rendered a written opin
ion to the vice president of the com
pany, who was particularly in
charge of the purchase of oil, that
the contract would not be legal,
Sutro read the formal opinion
and that I could not approve it.”
which he delivered to his company
under date of January 27, 1922, in
which he held that the act of June
4, 1920, did not authorize the secre
tary of the navy to exchange fuel
oil for anything except fuel oil. Ex
change for any other thing, the
opinion continued, would defeat “th°
intent of congress” in passing the
HAMBONE’S MEDITATIONS
By J. P. Aney
M15T15 FUSSIN’ BOUT WHAHS
I BIN AT 60 LONG, BUT
PAT SULL-DAW6 BIN HAD
ME ON TOP O’ PE SMOKE
HOUSE ALL MAWNIIN’!'
IA ‘ S if/
(Copyright, laxa, by The Bell Syndicate, Inc.’
act authorizing the secretary to
work the naval oil reserves.
“Was the navy department, ad
vised of this opinion?” ) Senator
Walsh asked.
"I know they were advised of
our attitude. I don’t think they
were given a. copy of the opinion.”
Learned Fall’s Attitude
Sutro then related a conversation
'with Assistant Secretary Finney, of
the interior department, in which
he expressed thfe hope that the at
torney general would pass on the
opinion.
‘‘Mr. Finney’s reply, in substance,
was that it was not the wish of the
secretary of the interior —no, I don’t
think that expresses it. He said
the secretary of the Interior consid
ered it unnecessary to have the'
opinion of the attorney general.”
The Standard Oil counsel was
asked also about the hearing before
Secretary Fall at the time of the
dismissal of the proceedings brought
by the government to acquire title
to oil lands held by the Standard
Oil of California within the confines
of naval reserve No. 1 in California.
He declared the government was
represented at the hearings and the
whole situation canvassed.
“The secretary did the only thing
he could do in dismissing the pro
ceedings,” Sutro said.
John Holland, secretary to Sena
tor Walsh, testified that he had
found a copy of Sutro's opinion in
(he files of the interior department,
and that there had been official cor
respondence about it.
H. Foster Bain, director of mines,
wrote to Secretary Fall on May 12,
1922, at Three .Rivers. N. M.. ad
vising him of the Sutro opinion.
Tried to Shield Doheny
“None of us want Mr. Doheny to
get in any trouble and propose to
do everything in our power to make
it easy for him,” the letter said.
Mr. Bain's letter added that ob
jections had been raised and that
lie would suggest a formal opinion
be obtained from the attorney gen
eral in accord with what he under
stood had been “an informal and
verbal opinion.”
Bain (hen added that he “realized
the objection to asking for such
an opinion.”
Attorney General Daugherty pre
viously notified the committee no
opinion was rendered by him.
As a result of the testimony the
committee instructed its secretary
to search the files of the depart
ment of justice.
A Mr. Story “told me,” Bain said
in the letter, “that he objected to
the conclusion of the lease as it
would embarrass the department
and give support to the trouble
makers in congress.”
Bain added he would “propose
that a formal opinion of the attor
ney general be obtained, as to the
legality of the contract” in accord
with what he understood had been
“an informal and verbal opinion.”
He said “he realized the objection
of asking for such an opinion.”
Hain Warned Fall
The Bain letter follows:
“506 Custom Place,
“San Francisco, 'Cal.
“May 12, 1922.
“Hon. Albert B. Fall.
‘Three Rivers, N. M.
“Dear Mr. Secretary:
“I have been here for the last few
days arranging for a transfer of
the accumulated royalty oil and fo.’
future royalty oils to the Pan-Amer
ican company. I have been surprised
to find the Standard and General
Petroleum in particular are adopt
ing a very technical attitud?
towards this transfer, going so far
as to raise a question as to whether
either company would be safe in
making such a transfer or in later
handling any of the oil in question
th e Pan-American desired to have
them do so.
“As you will recall, Mr. Sutro ami
Mr. Wyle have been doubtful as to
the right of the department to make
the exchange contract. They now
seem to have become positive that
no such right exists and Mr. Storey
is even interpreting the law so far
as to question the right of the
Standard to deliver oil to the Pan-
American on our order. I have ar
ranged that Mr. Campbell, as rep
resenting the department, shall re
ceive the oil and give a receipt for
it, and while I am not a lawyer my
impression is that that should end
the matter as far as pipe line com
panics are concerned.
“Os course this is not a matter
which primarily concerns the de
liartment since we have all been
entirely clear in our minds as to
the right of the government to make
this exchange and have, in fact,
gone ahead and contracted for the
exchange with the Pan-American,
and the latter is an entirely respon
sible concern. That, I assume, ends
it as far as we are concerned.
Proposed a Test
“There is, however, another phase
of it. None of us want Mr. Dohenv
Io get into trouble and I take it
we will want to do anything we can
to make it easy for him. I have
been told that there was a definite
proposal to have one of the smaller
oil companies go into court and fight
this contract with a view to getting
a decision as to the right of the de
partment to make such a bargain.
This proposal was not carried
through. Mr. Story tells me that he
objected to it. as he felt that it would
embarrass the department and would
give support to the trouble-makers
in congress. He professes to be anx
ious and willing to do anything he
can to help the department carry
out its plans, but to be in the awk
ward position of having an opinion
from his attorney which might be
quoted against him in case the mat
ter ever came up.
“Out of al this has come the sug
gestion repeatedly that the opinion
of the attorney general be obtained
as to the legality of the contract.
I realize the objections to asking
such an opinion, but I have thought
it proper to let you know the diffi
culties that are being raised here
so that you might reconsider the
matter and decide as to whether you
might not properly ask the attorney
general to put in writing what I
SATURDAY, FEBRUARY Isl, 1924
"IISHFS PROTESTS
.IIP Efflipn’ 1 111
IMMIGim BILL
WASHINGTON, Feb. 14.—Chair
man Johnson and other members of
the house immigration committee ap
peared disinclined today to comply
with the suggestion made by Secre
tary Hughes that Japan be placed on
the same quota basis as other nations
in the immigration bill pending be
fore the committee,
Mr. Hughes, in a letter placed be
fore the committee today, said pro
visions of the bill which single out
Japanese immigrants for “exclu
sion” are “inconsistent” with the
treaty of 1911, and, if enacted, might
“largely undo the work of the Wash
ington conference on limitation of
armament which so greatly improv
ed our relations with Japan.”
Mr. Johnson, however, in com
ment on the secretary’s letter, which
was made public last night, said 14 I
of the 17 members of the committee '
had approved the provision and pre
dicted that it would remain in the
bill.
Ku Klux Plan 10-Story
Palace in Birmingham
BIRMINGHAM. Ala., Feb. 13.
Construction work on a quarter mil
lion dollar palace for the Ku Klux
Klan in Birmingham will begin Octo
ber 1, according to announcement
by officials of the Robert E. Lee
klan. A ten-story structure is the
plan of the organization.
have understood was his informal
and verbal expression of opinion fa
vorable to the action the department
has taken. I am not certain that Mr.
Doheny cares, but Mr. Cotton will
see him tomorrow and if it does
•seem to them important I am giv
ing Mr. Cotton this letter to show
you so that you may know what I
ha vp found out here.
“The wells on the north line of
22 are coining in in good shape, and
Anderson has done excellent work in
pushing them ahead.
“I am sorry to bother you with
this business while you are at home.
(Signed) “Cordially yours,
“H. FOSTER BAIN,
“Director.”
I tiblisher Quizzed on Grant
John C. Shaffer, publisher of the
Chicago Evening Post and a number
of other papers, was questioned by
the oil committee today about a
reputed grant to him of a one
eighth interest in the Pioneer Oil
company, a Standard subsidiary,
“for services rendered.”
General discussion of the opposi
tion in the senate to President Cool
idge’s selection of Silas H. Strawn,
of Chicago, and former Senatoi
Pomerene, of Ohio, to act as the
government’s counsel in the Oit
cases, was overshadowed today by
the more sensational developments,
although the executive began prep
arations to withdraw their nomina
tions as soon as he was infermed
yesterday by Republican senators
that neither could be confirmed. In
this connection, he conferred with
James Garfield, secretary of the in
terior in the cabinet of President
Roosevelt, hut his selection to re
place Mr. Strawn became involved
with information that his firm had
served as counsel for Doheny in
Mexican matters. The president al
so was understood to be considering
a number of prominent Democratic
lawyers to act instead of Mr. Pom
erene.
ECZEMA
Also Called Tetter, Salt Rheum,
I’ruritis, Milk Crust, Water
Poison, Weeping Skin, etc.
, Ca , n , , c “ red t 0 stay - 1 ™ean just what I say:
anri NOT merely patched up to re
turn again. Remember. I mate this statement
after handling oyer half a million cases of
eczema and devoting 24 years of my life to its
treatment. I don’t care what you have used or
are using NOW’, nor how many doctors have told
you that, you could not be cured; all 1 ask is
just a, /-banco to prove my claims. Just write
mo TODAY and I will send you a FREE TRIAL
of inv inild. soothing, guaranteed treatment
that will surely convince you and thousands of
others aa it has me. Just write me and try it.
Address: DR. J. E. CANNADAY. Eczema
Specialist, 409 S. Park. SEDALIA, MO.
“The Tbree-in-One handbag re
ceived, and it is just fine. 'Some of
my neighbors want one just like it.
I am more than pleased.” So writes
Minard Smith, Route 3. Salters De
pot, S. C.
The Tri-Weekly Journal lor one
year and the Tbree-in-One shopping
bag, for only $1.35. Or we will send
tlie hag and the paper for eighteen
months for only $1.51).
SMEN WANTED
Prep re as Firemen, BraKenitn, Elec
tric Motormen. and colored Train Por
ters. Hundreds nut t<» work. No ex
perience necessary. SOO more wanted
Name position you want.
Railway Institute, Dept. 33. Indian
apclls. Ind.
We will send a STERLING razor on 30 days trial If satis
factory, costs $1.97. If not. costs nothing, l ine Horsehide
Strop FREE. STERLING.CO- d 3 BALTIMORE. MD.
DROPSY^™ r °“
IfIIVI wJ* 1 Short breathins relieved In a
few hours; swelling reduced In a few clays, regulates
the liver, kidneys, stomach and heart,puri*ies the n!oo<f.
strengthens the entire system. Write for free trial' «"cat
rr.ent. COLLUM DROPSY REMEDY CO., Dept. B.ii
ATLANTA, GEORGIA. ( Eitabli,hr.d 18 95 -
year* of tucccta in treating Dropiy.j
<1
Sell only 10 boxes of our fine toilet soap among
your friends and get FREE this wonderful
49-piece full size Dinner Set in the famous
Rose and Gold pattern. Superbly decorated
* n burnished gold, with roses and foliage in natural colors.
■Wi . Hard fired—decorations guaranteed not to wash off. Hand*
Bui I .l■ 'jO l»M eomely scalloped edges; beautiful embossed border design.
M .. .■ Tc for Selling Only 10 Boxes Soap
? IstiS Each box contains 7 cakes soap. Every buyer gets a Pound
gMiIW-.'--' 'Ml'ifißWW of Baking Powder. Bottle Perfume, Box Talcum Powder.
■iwl-I’T jB-fMMre 6 Teaspoons, Pair Shears, Package Needles —as per Plan
MpBW- n 0# 2898. This offer made to further introduce our mer
pSji’/Tto'W'' ll ‘ ’ i' Ti'i’’ chandise and fine premiums, consisting of Dinner Sets.
J^gO|i|tiii'.v; , ir. 1 "' ; Furniture, Rugs, Carpets, Linen Sets, etc. Cash commie*
sions. Also fine gifts for appointing other agents for us.
We Trus * You-We p ov Freight
You don’t pay out a penny. Jueton request we send goods
and we pay the freight. Send no money until you get
goods and collect. You risk nothing. We will trust you.
M extr d a??his fine £p£e Send for Agent’ s FREE OUTFIT!
EnamelwarcSetwithextralarge Q et gtarted Not a penny to send. Send postcard ors
steel with acid- letter today for Agent’s complete FREE Outfit? and!
proof cray enamel, warranted information on how to get anything you want for y'M
first grade. Absolutely FREE home without spending a penny. Don’t delay—write to**C.’
lO WE d pAY THE FREIGHT. I LEE MANUFACTURING CO, Dept. 256 Chicep
Classified Advertisements
WY SELL .
Classified advertisements In The Trl-Weekly Journal can be used by our
readers io sell anything useful to others and to buy many things they med.
Oftentimes things are offered foi less than market price.
The rate for this advertising Is 60 cents a line for a week—three Issues, be
ginning Tuesday. Six usual words are counted as a line. Two lines is the
smallest ad veed.
Seed your ad with payment to reach us by Saturday.
THE TEH-WEEKLY JOURNAL
AXLANTA, GA.
WANTED HELP—
ALL uieu. women, boys, girls, 17 to 65,,
lug 10 accept government positions, >ll <-
$250, traveling or stationary, write Mr.
Ozuient, 161 St. Louis, Mo., immediately.
BE a detective, SSO-SIOO weekly, travel owr
world: experience unnecessary. Ameri
can Detective Agency, 1013 Columbia, St.
Louin.
BE a detective. Excellent opportunity;
good pay; travel. Write C. T. Ludwig,
168, Westover Bldg., Kansas City, Mo.
WANTED HEI.IFEMALE
•/ANTED —Women to do fancy work at
home. Spare hours. Material furnished.
Good pay. Stamped envelope brings par
ticulars Underwood Art Goods Company,
Portsmouth, Ohio. _
EARN money at home during spare time paint
ing lamp shades, pillow tops for us; no can
vassing. easy and interesting work; experience un
necessary. Nileart Company, 2258. lort Wayne,
Ind.
WANTED— Women-girls; learu gown mak
ing at home; $35 week; sample lessons.
Franklin Institute, Dept. H-510, Rochester,
Neiv York.
WANTED—AGENTS
GREAT FREE SLIT OFFER
TAILORING AGENTS—Get our powerful
proposition. We supply wonderful
swatch line outfit, showing big assort
ment of finest fabrics for men's made
to-measure suits all at one amazing low
price. We pay biggest profits and give
every active agent his own suit abso
lutely free. We have already given away
more than 1,000 suits. Get yours quick.
Write at once. State experience. Ad
dress Dept. 362. Knickerbocker Tailoring
Company. 131 So. Peoria St.. Chicago.
NEGRO’S I’KOtiRESS AND ACHIEVE-
MENTS, book of ninny pictures of colored
persons; just off lhe press; big bit. nil buy;
agents making sls daily; write qulek for
terms. Jenkins Bible House, Washington,
D. C.
GET OUR FREE SAMPLE CASE—Toilet
articles, perfumes and specialties. Won
derfully profitable. La Derma Co., Dept.
RJ, St. Louis, Mo.
WOODROW AVILSON’S LlFE—by Josephus
Daniels, bis friend and secret/ry state.
Everyone wants it. Outfit 30c. Other good
sellers. Huse Sales Co., Atlanta, (la.
WE pay s2llO monthly salary, furnish car and
expenses to Introduce our guaranteed poultry
and stock powders. Bigler Company, X-661,
Springfield. Illinois. '
1 WE START YOU WITHOUT A DOLLAR. Soaps,
Extracts. Perfumes. Toilet, Goods. Experi
ence unnecessary. Carnation Co., Dept 210, St.
J.mils.
WE PAY SSO A WEEK ami expenses and giie
a Ford auto to men to Introduce poultry and
stock compounds. Imperial Co.. D-56 Parsons,
Kans.
FRUIT TREES for sale. Agents wanted.
Con cord N u rseries. Dept. 20. Concord, G»
PERSONAL
M’MILLAN’S GRINGONE cures all forms of
ITCH. Guaranteed. Not greasy. ONE
application (occasionally two, rarely three)
only. Postpaid. $1.05. Carefully tested.
McMillan Drug Co., 1300 Main ave., Colum
bia. S. c.
TEACHER—Let me tell you how to get a
first-grade license. B. S. Holden, Ellijay,
Georgia.
W .EMEN
TOBACCO FACTORY
WANTS SALESMEN.—State experience and give
reference. Hancock Bros. & Co.. 13-100. Dan
ville. Va.
FRUIT TREE S A LE 8 M EN— Profitable
pleasant, permanent work. Good side line
for farmers, teachers and others. Concoro
Nurseries. Dept. 20. Concord. Ga.
WANTED—FARMS
FARM WANTED— Immediately. from owner.
Send particulars. Mrs. Roberts, Box 64,
Roodhouse. JU. ’
WANTED—To hear from owner having
farm or unimproved land for sale. John
J. Black. Chippewa Falls. Wisconsin.
„ SALE—TitEES~? ..
PEACII trees, 10c up: other nursery stock
reasonable. Dyer N'lrs/iy, LaFayette. Ga.
FROST-PROOF cabbage plant?, 500, 65c;
1.000, .$1.20, postpaid. Tomatoes, same.
Nancy Hall and Porto Rico potato plant*
(Marell delivery), 500, >1.18; 1,000, $2.18,
postpaid. Kentucky riant Co., Hawes
ville. Ky.,
FOK SALE—SEED ~
BEAT THE WEEVIL
COTTON worth big money now: your in
terest by improved seed; nothing pay*
better. Sikes cotton seed, improved to the
limit. Big producer, easy picked; non*
better. Once used always used. You want
large yield. This sued does it. $' single
bushel; $2.75 quantities. Also Improved
Saulsberry, Acalla and Half & Half, same
price. .1. W. Summerour Seed Co., car*
Atlanta Cotton Exchange, Atlanta, Ga.
FARMERS! 1 .",.000,000 BALES
WE must have this amount of cotton. Th*
only way to get them, use improved cot
ton seed. tic have arranged for you th*
best and highest improved, from the origina
tors, at the cheapest price, considering th*
quality. Sikes Big 8011, nothing better;
use them once use them always; weevil
beater. .Saulsberry, fine producer; Acalla,
absolutely good. King's Early, perfect.
Over the Top, beat weevil early. Halt At
Half, big producer, .s;> single bushel; $2.75
quantities; large quantities, special price.
Send P. O. order for any quantity. J. W.
Summerour, care Atlanta Cotton Exchange,
Atlanta, Ga.
KING'S EARLY 1M PROV EH—Large boll,
big turnout. Weevil bealer; wonderful
opportunity for cotton farmers; write for
facts. King Cotton Seed Co., Lavonia, Ga.
QUALITY CHICKS—I 4 pure bred varieties, 10(1
per cent live delivery guarunted. Our Bth season.
Satisfaction guaranteed. Bank telerence. Special
prices and illustrated catalog free. Lindstrom
Hatchery, Box 267-J, Clinton, Mo.
LIVELY Baby Chicks, Hatching Eggs. Twenty
popular varieties. Live delivery guaranteed.
Incubators, broods, poultry supplies, feeds, reme
dies. Lower prices. Eighty page illustrated
poultry book free. Southern Hatchery, North,
S. C. ' ,J
QUALITY chicks, eggs; fifteen standard
bred varieties: best winter laying strains.
Free delivery. Reasonable prices. Cata
logue free. Missouri Poultry Farms, Colum
bia, M<i. .
CHlN—Highest quality. Lowest prices. Quality
Poultry Farm,. Box 228. Windsor, Mo,
sor _ sai-e—m»S£Ejlj
U. 8. GOVERNMENT saddles, complete
with fenders uggage straps, real russet
cowhide, A •grado, brand-new, $0.20; satne,
used, $5.10; perf.ct condition. Army bri
dles. double bit, double rein, new, $2.50, used,
SI.BO. New army saddle blankets, wool
lined, $1.25. Usi,l saddle bugs in perfect
condition, $2.50. Will ship C. 0. D., ex
press, allow examination, or enn ship parcel
post. W. W. Williams. Quitman, Gn.
MAGICAL GOODS Novelties. I axles ton*,
Herbs, Cards, Dice. Baoki. Catalog Free.
Ci Smythe Co.. N'yvark. Mo. * ,
PATENTS 'Cj|
INVENTORS should write for our guWBF
book, “Flow to Get Your Patent." Te.Ha
terms and methods. Send sketch for our
opinion of patentable nature. Randolph 4i
Co.. Oept. GO. Washington. D. O. * »
MEDICAL'
QCIT tobacco easily, inexpensively, wiHS
pleasant Florida root. Send address. N. i
Stokes, Mohawk, Fla. *
S DROPSY TRtAiMKNT
T gives quick relief. Oh*
I tressbig symptoms rapidly
disappear. Swelling * n d
short breath soon gone. Oftei*
entire relief In 10 days. Never
heard of anything its equal
for dropsy. A trial treatment
sent by mall absolutely FREE.
DR. THOMAS E. GREEM
Box 18 CHATSWORTH. GA.
LEG SORES
Healed by ANTI-EI.AMM A—a soothing
antiseptic Poultice. Draws out poisons,
stops itching around sores and heals whll*
you work. Write today, describing case,
and get FREE SAMPLE. Bayles Dis
tributing Co., 1820 Grand Ave., Kansas
City. Mo.
—BY BUD FISHE