Inactive Cotton Market Declared Due to Exchange Conditions
The cotton market remains idle as buyers from American and foreign sides deter current trade. Prices fall to 25 to 75 percent below perceived value while growers hold stock. brokers note labor costs and lack of demand. Vernon quotes show middling at 40 cents and low grades 25 to 30 cents. J B Love notes broader standstill and advised centers against selling. Subdividing land due to labor scarcity could cut regional cotton output.
MENTIONED IN THIS ARTICLE
Ican
Vernon
J. B. Love
Texas Peoria to Drill Section 98 Near Sigler Well
The Texas Peoria syndicate a trust company backed by J J Rubenstein G 4 Frankel H A Frankel Bernard Kelley and A Paul son of Wichita Falls forms to drill in 2000 acres near the Sigler well within six miles. A derrick stands on block 2 section 58 as eight wells go down nearby including Home Oil to the northwest. The Texas Peoria well will reach 2350 feet or deeper if justified, located at the apex of the Ligier structure on the anticline. No stock is for sale. Clean Rags wanted at Record office five cents per pound.
MENTIONED IN THIS ARTICLE
Texas Peoria Syndicate
J. J. Rubenstein
St Louis
G. 4. Frankel
H. A. Frankel
Bernard Kelley
Peoria
A. Paulson
Wichita Falls
Sigler
Home Oil Company
Texas Peoria
OIL LAND TO LEASE NEAR TEPEE GUSHER AND HARROLD TEX
A 226 acre oil land parcel near Tee Pee Gusher and Harrold, Texas, is for lease at reasonable figures. Prospective lessees may call or write by the 29th, Friday, the 21st. Contact Oil Co’s Well location for details.
MENTIONED IN THIS ARTICLE
Tee Pee Gusher
Harrold, Tex., Oil Co
Also Mentioned on This Page
L. G
E. C. Million
Ist Nat's Bank
Durant, Okla
Fred B. Foster
Ft. Worth
Oklahoma
Radio
McAlester
Okla
Bank of McAlester
Mr. Million
Millign
L. G. Hawkins
Waggoner National Bank
Radio Oil Company
Hour & Hale
Ane Pa
Texas
Amer
Bennett-Rogers Lumber CO
Texas-Peoria
Sigler Company
J. H. Cochrain
Mineral Wells
Purina
Chics
Parker-Donges
THE
Herring National Bank
T. Herring
Kk. K. Johnson
G. C. Morris, Ceshier
Radio Lease
Main Street
Vernon, Texas
Waggoney National Bank
V. R
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