The Big Sandy News, 1922-12-29

, d before the end of I h your, he aid. Mr. Invi issued a nluti-iiicut cou cou-crolng - crolng cou-crolng tho negotiations "In view oi thn rumorl that havn been nrn iil In the press, and In order that IiIh own atuckholdern might lie correctly in - formed an to what transpiring '' Negotiations with representatives of the Kord Interests have lieen going on for several (lays, he said All of the Tond creek company's land and eipilp ment in I'lkn couuty are ennrcrned In the pending transaction. Owned By Eaitrrnert. The J'nnfl Creek Coal Company Is owo.-d mainly hy residents of lii ton. who purchased the lands and op ened up the mines aliout lfi year ago The company operates eight mines and han a dally output of npproxl niately 10,000 tonH. Six thousand acres are owned hy (he company. It la aald. Another report says riii.iiiui acres. The authorized capital stork of the company Is fSSJHto divided into lu kherea. The stock has la-en on a nub Ktantlal paying basis since 1917. pay pay-lug - lug pay-lug aa high an S3 a share In 1!I21. The company'a htock Bold In New York Friday up tu 3G a share uml cloned at 134. - The Kentucky office la at Stone. Ky. All of the directors are from Massachuituttx, New York mid Ohio., Officers of tho company are; I'rosl-. dent. T. U. Davla, New York; 'proal 'proal-dftt - dftt 'proal-dftt of the hoard nf directors, t;, I. Stone. Ronton: vice president. K F McVeigh, 'Cincinnati. J I). Francis. Huntington,' W. Va , and II I,. Smith; secretary-treasurer. F. V. Itatchelder. ; Ronton. Would End Elkhorn Deal. Ashland, Ky., Dec. 22. -I'lirchasc by Henry Ford of the coal land of the Pond Creek Coal Company In Pike county, which New York press re porta nay will hn consummated hy the fl rut of tho new year, would end tie gotlatlona hy the Kord represent!!- Uvea Tor the purchase of tl xlen Hive holdings-or tho Klkhorn Coal Cor , poration In Floyd. Magoffin ami Letch er countlea, It was announced hen today by John Dufklnglium, a dlrcc

MA It HOI l VI I.I.K. Ky. Dec. 2.1 The Kentucky petroleum Held-, show a lulling off lu completed work, due 10 the departure or many operator and llehl workers o otln-r point's lor tin- Christmas season There will not be a return to normal activity until after the fln t of the year, ir neither condition!! are unfavorable there is not much prospect for u great ileal of ' new drilling until spring, unless crude 011 prlcea show a decided change for the better. Quotations on Kentucky crude oil ' ha yd remained unchanged for a pro longed period and close lab is being kept of inaiket i -ondlt ions by the trade. An aihaue.e In prices Is ex expected - pected expected before hum, Tlie le tter .grades of Kentucky crude now command !l n.'t and Sl.iei for the medium and light grades, respectively, this being the low level for prices ovi r ii period of several years. Six cents per liar rc has I a ndilcd to these prices In eastern Kentucky l-y reduction to that extent in the pipe line charges. This ii due to a r. cent niorenie.it t i build a competing l:i,.. Tie- week In eastern Keiitiicky fields shows a li.ll In i. work, with very few new Hells drilled. Two strikes In !.. county and two In Wayne county constitute new pro production - duction production In the Johnson -Magoffin fields of the ig Sandy three new wells are reported. (ini. sterling ,., :t,i barrels. Martin county, an old gas district. Is tln latest section or the lllg Sandy to receive the attention of petroleum operators. A recent well showed a good production and other tests are to he started.

cently, a few miles from Louisa, and made a march for a moonshine out out-; - ; out-; It- I" tbe cvllar they found a crude ; oetiit with soiiu; mash In process of fermentation, Iiopg.-i wan lodged in jail, hut has been r. leased on bond. VUso, tlio Kheritr arretted Wont Thompson, deputy marshal of Louisa, on a liquor charge. He carried a . suitcase off of a train and left it on tlie rear porch at the Louisa Inn. A f aenrch disclosed three jugs of liquor ! containing one k.-.!1oii each. It was : taken to the city hay and examined and two or the jugs were emptied In Into - to Into the, gutter hy City Attorney A. J. : Carred and Police Judge G. W. Hale, i It is said a deputy marshal ran away with the other jug. 1 Thompson was tried in police court J and acquitted of the charge made by the warrant. Hn .swore a stranger ; rave him 5n c-iiu to carry the suit suit-; - ; suit-; ease off of Hi,, train and to the place 'liTi" In- left it. Thompson got on he train at liiichanan or Karnaugh. ; Deputy Sheriff .lay Short was on the

' ot Spears was begun he ashed to he i permitted to make a clean breast of i the whole affair and thereby receive immunity,- according to officers of the court. Open' Powder Magazine. S;kii-s declared that on the Satur Satur-j - j Satur-j day morning, preceding the explosion he mot tho other men at a .street car car-i - i car-i nival in this city and there perfected ! the plans for blowing up th-.! mines, j The men proceeded to No. 1 mine and i there opened the powder magazine , and took out Ion Flicks or dynamite. One of the members of the party was j lowered into the magazine from a J hole torn in the rooi, according to ; Spears. The nien wore joined at the I nui-razine by F.d Pi lphrcy and Norton Rice.' ! The dynamite was placed in sacks ; and the men took turns about carry carrying - ing carrying it. They did not go direct to No. 3 mine, -the one they had planned to blow up, according to -Spears, but stored tho dynamite in an old firth, mouth until another time. , Spi-ars. j

board. Mr. Colvln said he had heard this, but no communication had reach-, ed him, and be was better pleased with the suits by tho taxpayers. .. ; The second suit was filed by Robert T. Caldwell, of Asllland, ultonioy, representing Een Williamson, mer merchant - chant merchant of Ashland; Milton P. Conloy, banker and newspaper publisher of Louisa; J. N. Meek, Paintsvillo busi business - ness business man; A. J. May, Preatonsbui'K business man; -'Joseph M.'-Davidson, " Prestonsburg banker; D. T. fleol, Pikcvilie coal operator, and Ruduliih Rutherford,. Pikeville banker. - This suit asks for an Injunction against the Normal School Commits Commits-sion, - sion, Commits-sion, alleging that, the General As Assembly - sembly Assembly could not delegato its author authority, - ity, authority, if it'h'ad authority to appoint such

I'AINTSViLLK. Ky., Dec. 21, Do Do-: - : Do-: tails of an alleged plan whereby tho j mines of the Northeast Coal Company were to he dynamited and the carry carrying - ing carrying into execution of this plan with the consequent deatli of two miners, j were revealed here today when Wil- liani Spears, one of the men under ar ar-jrest, - jrest, ar-jrest, turned State's evidence, at his I examlnln.t trial. The explosion in the j mines occurred June 27 and caused ' the death of two miners. Private du du-j - j du-j tectives and county officers have been j Investigating and several persons are ! under arrest In connection with tile i crime. Spears, Russell Ramey, Albeit ! Green, Smith Conley, Harrison Cas Cas-I - I Cas-I tV and Uraut Fletcher were arrested recently and have been In jail await- ins examining trial. When the trial

WASHINGTON. Dec. 2:1. .Mcin .Mcin-hers - hers .Mcin-hers of the Federal Coal Commission have decided that it must have in increased - creased increased power lo accompli,. h , r,,. anils for which' the body Was form formed. - ed. formed. Investigation has progressed suf suf-llclently, - llclently, suf-llclently, it said, to Justify (ho con conclusion - clusion conclusion that 'another big coal strike not later than April, ' 1!2H. Is Inevit aide unless drastic corrective mens mens-ores - ores mens-ores are taken. Crowing indication that th. min miners - ers miners and operators will not he able to reach mi .'understanding In the wage conference at Cleveland January 3. with the probability or a strike in the spring, has caused the commission to decide to state the situation to Con.

hmdne: s. The railroad line extends from .lack-:iui to a "Jininl tv?o miles from West Liberty, a dh lince of about 12 inibs. "'lie body of cannel coal own owned - ed owned by tin- (ompatiy ineiud-.s fiUtn) acres,, said to l.e the largest known deposit of the l,i.;h grade coal known as cannel. It was prospected and bought by Mr. It. M. Bronx, of New New-York, - York, New-York, who als.r "-oiuoteil the railroad that mad., possible the opening of these coal lands. Incidentally-, We may mention here the fact that Mr. Broas was the original purchaser of the coal that Is now- helns mined af Jenkins., and also 12.UU0 acres of choice coal on I'ockcnstle creek, still owned by Mr. liroas and the Simp-