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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Aug 07, 1925

Page

7

No Imminent Exhaustion of U S Petroleum Reserves, Report Says

An 11 director American Petroleum Institute panel concludes there is no near term danger of exhausting U S oil supplies. The 300 page study, sent to the Federal Oil Conservation Board, cites extensive reserves, new drilling methods, and shale, coal, and lignite deposits as ample future sources. It urges secure land ownership, exploration support, and efficient use to conserve fuel and lubricants.

Associated Press New York United States American Petroleum Institute Federal Oil Conservation Board Washington J. Edgar Pew Institute

Colquitt Attacks System of Federal Reserve Banking

Former Governor O B Colquitt told the Cotton States Protection League in Dallas that the Federal Reserve Bank system is wrong and that Wall Street now directs America’s finances through the twelve banks. He warned two thirds of Texas farmers are mortgaged before starting and urged reform as preliminary steps toward a permanent organization were taken.

Associated Press Dallas O. B. Colquitt Cotton States Protectays League Federal Reserve Bank System Wall Street New York America Federal Reserve Banks Texas W. B. Yeary Fred Davis Austin

San Jacinto Civic Club Meeting Postponed

San Jacinto Civic Club meeting scheduled for last night was postponed due to sickness among members and the absence of Dr. W M Curl president. The date of the next meeting has not yet been set.

SAN Jacinto Civic Club San Jacinto Civic Ub W. M. Curl

McLean Farmers Plan Cooperative Gin for Season

At a meeting in McLean forty five farmers and local business men voted to build a farmer’s cooperative gin for the coming season. Attendees reported crop conditions brighter than in twenty years and estimated eight to ten thousand bales for the local gin season.

M'Lean McLean

Cotton crop estimated near fifteen million bales

New Orleans reports via H G Hester, secretary of the New Orleans cotton exchange, that the 1924-25 commercial cotton crop reached about 14.7 million bales. Increased foreign demand and home consumption nearly cleaned up surplus, with Texas and Gulf states rising notably. The crop was generally middling in grade, clean and well handled, and the south is again the world’s cotton arbiter.

Associated Press New Orleans H. G. Hester New Orleans Cotton Exchange Gulf States Mississippi Arkansas Oklahoma Texas Atlantic States Col. Hester United States Europe Ol. Hester Colonel Hester

Mrs Annie Johnson of Perryton Dies

Perryton Texas August 6 Mrs Annie Johnson died at her home at 3 oclock She was 70 and had lived in the community ten years moving from Chillicothe Texas She was active in the Perryton Baptist church and a charter member of Ochiltree Chapter Order of Eastern Star She lived with daughter Ethel J Lance and is survived by her daughter three brothers two sisters funeral services were held at the first Baptist church with Rev E G Pennington and Rev I T Huckabee officiating Interment will be in Fort Worth Saturday morning.

Perryton Annie Johnson Chillicothe Texas Johnson Ethel J.lance Will Alva Tongate Brownwood O. T. Tongate Brownfield A. W. Jackson D. C. Monroe Lubbock First Baptist Church E. G. Pennington I. T. Huckabee Methodist Church Fort Worth

Atticus Webb Scores Ferguson Pardons in Campaign

Atticus Webb discusses warrantless searches under bills 174 and 115, noting restrictions on con fiscations as evidence. He supports limits on home searches without a warrant, urging law enforcement measures and campaigning across Texline and Dalhart with Sunday addresses.

Texline Webb Dalhart

Lakeview Bank Conversion Receives National Charter

The First State Bank of Lakeview in Hall county is to become the First National Bank of Lakeview. Comptroller of the Currency McIntosh granted authority for the conversion today in Washington.

Lakeview First State Bank Washington First State Bank of Lakeview Hall County First National Bank of McIntosh

Canadian Baptists to Convene at Anvil Park Lake

The Canadian Baptist Associational Encampment meets August 24 at Anvil Park Lake Canadian. Families will camp at the lake for the assembly with a large tent for crowds. Speakers include J D Sandefer Simmons University C Gardner B P U Secretary Mrs D A Grundy Amarillo W M A District Rev B M Jackson Mangum Okla. Anvil Park Lake is owned by J C Studer Canadian Texas, with free use of shade water bathing and lighting.

Canadian Baptist Amarillo W. M. A B. M. Jackson Mangum Okla Anvil Park Lake J. C. Studer Texas

Rail heads wager cigars on cost of rail construction

In Plainview on August 6 two engineers, M. C. Blanchard of Santa Fe and R. C. Gowdy of Fort Worth and Denver, bet a box of cigars on the eventual total cost of 202 miles of proposed railroad extensions. The Denver lines from Estelline to Dimmitt and Silverton to Lubbock face ICC review with decision due this fall.

Plainview Fort Worth Denver Estelline Hall County Dimmitt Castro County Silverton Briscoe County Lubbock C. EF. Boles Interstate Commerce Commission Santa Gowdy

Engineers Spar Over Denver Extension Costs

Engineer Blanchard of the Santa Fe warns that if Denver secures the permit to build extension lines the project will exceed estimates by at least half a million dollars. Engineer Gowdy of Denver counters with a wry joke, asking for two boxes of cigarettes.

Gars Denver Engineer Blanchard The Santa Fe Engineer Gowdy

Oil Briefs Highlight Hutchinson County Wells Output

W A Webber of Collinsville Oklahoma visits Amarillo to discuss holdings in the South Hutchinson county pool as four wells north of the Canadian river push production to 600 barrels daily. Gulf and Perkins wells show varied yields while Panhandle Refining No 2 at Perkins advances drilling with rotary tools at 1075 feet.

W. A. Webber Collinsville Oklahoma Hutchinson County Canadian River Panhandle No. 1 Perkins Gulf No. 2 Gulf No. 1 Whittenburg Panhandle Refining No Hutchinson

Also Mentioned on This Page

Colquitt Federal Reserve Mlean Farmers Parker & Crawford Ray Bynum Amarillo Gilbert Barber Shop Polk YDR. C. C. Mason Blackburn Bldg National Library of France Malone Lines Pampa Atticus Webb Ferguson F. S. Hoxie Tulsa C. R. Hall Bartlesville Hoxie South Hutchinson Bayer Amarillo Abstract Company C. D. Sears Pres W. 6Th G. E. Abbott Machine CO Evening Post Daily News the Panhandle Maxwell House William Farm and Ranch Loans San Antonio Joint Stock Land Bank Actinecage Gh Prin Beal Pumphrey Mercipal Towns Webster Bldg Lve Amarillo, Texas Holsom the Post Ettor Sam T Youse Yestero Tawi Liam WEA Service Inc Swan
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