anaheim-gazette 1919-01-16

OUTPUT OF CITRUS FRUIT SLIGHTLY REDUCED CAREFUL SURVEY OF DAMAGE BY FROST COMPLETED—MONEY LOSS IS LIGHT TOP SPEED GIVEN TO PICKING AND SHIPPING—ALL DANGER HAS PASSED Conservative estimates of the damage done to citrus crops in Southern California by the recent cold spell is placed at 15 per cent of the shipments, according to a statement issued yesterday by E. G. Dezelle, acting general manager of the California Fruit Growers' Exchange, following a detailed survey of damage, which is the heaviest since 1913. Districts in Orange county were least hit by the frost, Dezelle said. The loss in money to the growers will not be quite so high, Dezelle said. NEW METHOD OF JUDICIAL REGISTRATION OF TITLES Torrens System Has Been Upheld by Highest Courts, and Is Not Open to Attack F. Sigel, of Los Angeles, representing California Torrens Association, located in the California building, has been in town the past few weeks in the interest of the Torrens system. In speaking of the merits of the new law, Mr. Sigel says: "The Torrens system is a method of judicial registration of titles to land, whereby in a legal way a land owner may avoid the necessity of expensive re-examinations when the property is subsequently transferred, mortgaged or otherwise dealt with and may utilize it as a much quicker and more liquid asset. The law has been tested in separate actions, Colorado, Illinois, Minnesota, and California. In each state the highest court has held the law to be constitutional and not open to attack. In Illinois registration is compulsory as to estates of decedants." "Application made to the proper court, previously an accurate survey of the property is examined and certified by an authorized official examination of the certificate, the state is made defendant. The certificate is attached to a complaint which names all parties CITIES NEED LEGISLATURE EXPENDMENT TOWNS CAN VOTE ATELY, BUT RIGHT FUNDS CONJOINTLY OTHERWISE TRUST GOOD PROGRESS SEWERAGE PUBLIC The City Trustees have meeting Thursday n usual grist was sent to principal mill. There Mayor Dwyer and Backs, and McFadden tee Gibbs. The finance committee diting bills in the amo which were ordered p ing officers' reports we filed: Marshal, collected $524.50. age done to citrus crops in Southern California by the recent cold spell is placed at 15 per cent of the shipments, according to a statement issued yesterday by E. G. Dezelle, acting general manager of the California Fruit Growers' Exchange, following a detailed survey of damage, which is the heaviest since 1913. Districts in Orange county were least hit by the frost, Dezelle said. The loss in money to the growers will not be quite so high, Dezelle said, as it is expected that the lower supply will boost prices on the Eastern market although the extent of this movement can not be predicted definitely at present. Judging by former seasons, orchard owners need not fear further damage to their crops, Dezelle said, as the lowest temperatures are usually experienced before January 10. Picking, sorting and shipping has been resumed and work is being pushed at top speed following the voluntary suspension of operations pending a survey of the frost damage. Where conditions were the same in the recent cold spell, lemons suffered more than oranges, although lemon groves are more generally protected with heaters, according to Dezelle. A larger per cent of the lemon crop has already been moved and there are 1000 carloads stored in packing houses, the statement said. The shortage of lemons will not be felt for several months, as the fruit damaged was that which would have matured in the summer or fall. At the beginning of the season the Fruit Growers' Exchange estimated the crop would be 50,000 car loads, 40,000 of oranges and 10,000 of lemons. More thorough use of orchard heaters is urged by Dezelle to avoid a repetition of the loss in succeeding seasons. DATES FIXED FOR CITRUS INSTITUTE Leading Fruit Experts Are to Attend Orange Show, Says Dr. Webber Leading citrus fruit experts of the country will participate in the citrus institute to be held in San Bernardino, February 20 and 21, in conjunction with the Ninth National Orange show, announced Dr. H. J. Webber, of the citrus experimental station at Riverside, who is in charge of the important congress. It is expected that 500 citrus fruit arate actions, Colorado, Illinois, Minnesota, and California In each state the highest court has held the law to be constitutional and not open to attack. In Illinois registration is compulsory as to estates of decedants. "Application made to the proper court, previously an accurate survey of the property is examined and certified by an authorized official examination of the certificate, the state is made defendant. The certificate is attached to a complaint which names all parties having or claiming an interest in the property. A summons is issued to each claimant and published, if cannot be found. If a contest ensues a hearing follows and a decree is entered by the court, directing or denying registration. An indemnity bond is provided, a small fee of the assessed valuation upon the land registered and any person damaged by the registration may bring suit against this fund. Once a title is registered it is indefeasible and further transfers simply involve the surrender of the first certificate and the issue of a new one. The minimum cost of a Torrens title is $20, and covers the entire life of the property. If the property is sold, deed is filed with the certificate, surrendered to the proper official, who promptly issues another certificate to the new owner, charging a small fee. "The state fee is one-tenth of a percent of the appraised value of the property. This fee is set aside by the state as a fund for any just claims that might be brought against the property after the certificate is issued to the owner. "Mortgages cost 50 cents; sales $1; filing deed, 50 cents; nothing over $1. While in Anaheim Mr. Sigel has taken up his residence on Alberta street." MILITARY BALL The 99 company of the California Military Reserve will give a dance at the Placentia school house on Friday night, January 17, 1919. This will be the one big event of its kind of the season, as everything will go toward having a good time. The music will be furnished by Harry Felling's jazzmore orchestra, and refreshments will be served by the Placentia Roun Table. Seldom is the chance given to dance on a floor such as is that of the Placentia school, and a record crowd will be there as tickets have been selling fast. Tickets are sold from the Placentia confectionery. The recorder's Mayor Dwyer observation of ordinances must specifically defined. One Colegate was fined for violation of the motor man had been accused gas carriage. "How about that," asked the mayor. "The case should be by the justice of the attorney," and then turned over to the co- Leading citrus fruit experts of the country will participate in the citrus institute to be held in San Bernardino, February 20 and 21, in conjunction with the Ninth National Orange show, announced Dr. H. J. Webber, of the citrus experimental station at Riverside, who is in charge of the important congress. It is expected that 500 citrus fruit growers will participate in the deliberations. An effort will be made to secure Dean Hunt, of the University of California, to participate in the institute. Dr. Webber is now making up the list of speakers and the topics which they will discuss. Frost and freezes will be the first subject, and under that head the effect of by-products in caring for the injured fruit will be carefully considered. Fertilization will be another big subject which will occupy the attention of the growers and experts. The saving and purchasing of fertilizer will be discussed at length, as well irrigation and cultivation. LARGE CARNIVAL COMPANY DUE SOON Beginning Monday night, January 20, the Great Wortham Shows, a 25-car carnival organization, said to be the largest one ever in this part of the state, will exhibit in Anaheim on the lot opposite the Central school. This company carries two bands, an air calope, a number of new amusement devices never before and, besides a ferris wheel and merry-go-round, that much talked-of ride, The Whip. This is the same organization that furnished the amusement attractions on the Liberty Fair "Saw Dust Trail." in Los Angeles last month. FOOTBALL The Fullerton high school football eleven defeated Orange on the latter's grounds on Friday by a score of 20 to 6. The Fullerton eleven will go to San Diego on Saturday to play the high school team of that city. San Diego and Pomona played on the latter's grounds on Saturday, Pomona winning by a score of 10 to 6. In a practice game between Fullerton and Pomona some weeks ago the score was tied at 6 to 6 although a couple of touch downs made by Fullerton were not allowed. ORIENTAL SERVICE TO RESUME The large passenger steamships, Empress of Asia and Empress of Russia, belonging to the Canadian Pacific Railroad Company, which have been used by the British government as transports in the Atlantic service, are about to be returned to the trans-Pacific service, according to an announcement by the San Francisco office of the Canadian Pacific. The Empress of Asia will sail from Vancouver, British Columbia, Feb. 20, for the Odient, and the Empress of Russia will sail for the Orient from that port March 20, one of these steamers being scheduled to sail from that port for the Orient every four weeks thereafter. AHEIM GAZETTE Anaheim, California, Thursday, January 16, 1919 CITIES NEED ACT LEGISLATURE TO EXPEND MONEY TOWNS CAN VOTE·BONDS SEPARATELY, BUT RIGHT TO USE FUNDS CONJOINTLY IN DOUBT OTHERWISE TRUSTEES REPORT GOOD PROGRESS IN OUTFALL SEWERAGE PROJECT The City Trustees held their regular meeting Thursday night when the usual grist was sent through the municipal mill. There were present Mayor Dwyer and Trustees Stark, Backs, and McFadden. Absent, Trustee Gibbs. The finance committee reported auditing bills in the amount of $6326.22, which were ordered paid. The following officers' reports were received and filed: Marshal, collected for licenses, $524.50. will have to be cut down by the owners, or the city will do it. Some of the speed signs as now displayed came in for condemnation by the public improvement committee, as in some cases they jarred the beauteous continuity of the thoroughfares, and should be removed. It was so ordered. When the franchise was granted to the Anaheim Orange and Lemon Association to place a spur track alongside their new packing house on Santa Ana street, the ordinance among other things, prescribed that the "Trilby" rail be used. But the officials of the S. P. Company refused to be hypnotized and protested. A letter was received from Superintendent Whalen of that company, saying that the Trilby rail was entirely out of the question, and that gentleman even further averred that the ordinance was faulty in so far as permission had not first been secured from the railroad commission to order in the spur track as designated. It seems some one pulled a boner. However, in order to keep peace in the family, section four of the ordinance is to be amended, providing for the substitution of the "guard" rail instead of the Trilby, which will meet with the approval of the railroad company's higher-ups and all is well, because the citrus association is going to RUMORTELLSOFA MEETING OF WET GOODS CHIEFS WELL KNOWN FORMER BUSINESS MEN COME TOGETHER AND TALK THINGS OVER IN SOCIAL WAY CURRENTLY REPORTED THAT A PETITION IS TO BE CIRCULATED FOR SIGNATURES, ASKING FOR LICENSE Word has come to the surface that some of the big medicine men of the wet brigade came in off the reservation one evening recently and held a pow-wow behind closed doors in an establishment on West Center street, and incidently discussed a tempting menu which had been prepared for the occasion. As near as can be learned from the house detective entrance to the assemblage was secured only by having the proper password. It has leaked out that after full justice had Clure, secret Growers' Alliance from $18.30 $17.50 per McClure. An advance personal offer has all the time to spare. "The Unlamb, as to about 35 people be economical Therefore, production is here. We 1,000,000,000 products are produced ports among the product." Our total sheep and is about 15 on beef exp for the fish and this in Europe pounds. When it is production 000,000,000 total exports are only a meeting Thursday night when the usual grist was sent through the municipal mill. There were present Mayor Dwyer and Trustees Stark, Backs, and McFadden. Absent, Trustee Gibbs. The finance committee reported auditing bills in the amount of $6326.22, which were ordered paid. The following officers' reports were received and filed: Marshal, collected for licenses, $524.50. Recorder, 81 cases, fines, $290.00. Rate Collector: For light ... $3311.35 For water ... 1357.55 Total ... $4668.90 Delinquents collected: For light ... $107.05 For water ... 113.3 Penalties ... 13.85 Total ... $234.25 Delinquents reported: For light ... $152.95 For water ... 105.25 Total ... $158.20 Plumbing inspector, $27.85. City electrician, $10.85. Tax collector: For delinquent taxes ... $138.92 Amount reported delinquent ... 288.07 The treasurer reported a balance of $19,728.26 in the general fund on January 8th. The fire company were granted permission to use the upper room in the old city hall as a meeting place. It was ordered that Mr. Weight be allowed a reduction of $16.35 from the minimum charge for electric juice to operate his pumping plant, owing to a physical disconnection, which was unavoidable upon the part of the city. When the recorder's report was read, Mayor Dwyer observed that the violation of ordinances must be more specifically defined. One case cited where Colegate was fined for violation of section 3, Ordinance 233, which was indefinite. The mayor requested the clerk to bring in the ordinance book, and upon reference to that document, it was learned that the offense was a violation of the motor vehicle act. The man had been accused of speeding his gas carriage. "How about that, Mr. Attorney?" asked the mayor. "The case should have been tried by the justice of the peace," replied the attorney, "and the fine should be turned over to the county." Red that the ordinance was faulty in so far as permission had not first been secured from the railroad commission to order in the spur track as designated. It seems some one pulled a boner. However, in order to keep peace in the family, section four of the ordinance is to be amended, providing for the substitution of the "guard" rail instead of the Trilby, which will meet with the approval of the railroad company's higher-ups and all is well, because the citrus association is going to pay the bill anyhow. Trustees McFadden and Backs, special committee on sewerage outfall, made encouraging reports upon progress and it is said the stumbling blocks are fast being removed from the outfall's pathway. The beachites at first threatened to leave a monkey wrench into the cog-wheels, but now that has all been smoothed over. They said they were fearful that Pasadena and Alhambra, and perhaps other up-valley towns might in time want to hook onto the outfall, which would be too much, and the people of the summer resorts were becoming alarmed. But there was nothing like that ever dreamed of here, as the project is going to be a home affair, and no one outside Orange county will have a look in. When this was explained to the seaside citizens the dark clouds rolled away. It is said the state board of health has given its approval of the venture, which means a whole lot. A resolution was presented and adopted providing for prosecution of the work, and the special committee were given authorization to go ahead and secure competent legal talent and also the services of engineers to prepare data looking to the early commencement of operations. It was pointed out that perhaps a new legislative act will be necessary to allow the cities to act together in so far as issuing bonds is concerned. Each city has the right to issue bonds, but technically the question arises whether the various cities could then combine their interests and expend these moneys conjointly upon the project. The police committee were given authority to place the upper rooms in the city hall building in shape for occupancy by the motor truck driver and family. It was reported that the premises do not suit the prospective tenants, but the trustees assert it is now a case of take it or let it alone. The repair of the roof of the power house was referred to the police committee. Word has come to the surface that some of the big medicine men of the wet brigade came in off the reservation one evening recently and held a pow-wow behind closed doors in an establishment on West Center street, and incidentally discussed a tempting menu which had been prepared for the occasion. As near as can be learned from the house detective entrance to the assemblage was secured only by having proper password. It has leaked out that after full justice had been done the bill of fare a discussion of the wet situation was taken up. It has filtered through that a petition is to be circulated asking for the re-establishment here of two or three wholesale liquor stores and also a license is to be asked for a cafe to dispense the goods. Just when the petition is to make its appearance is not known, but from all accounts it is now being prepared and will be passed around among the business men. It will then no doubt be sent up to the city trustees. It is pretty reliably reported that one of the liquor firms which closed its doors on the first of the year, has retained possession of their premises and have paid the rent for two months in advance. Locally dark clouds have begun to form and a number of men who like to take a snifter once in a while are averse to the wholesalers monopolizing the threat wash parlors. As near as can be learned the dry leaders have not as yet awakened to the situation, and what action they would take is not known, but its a ten to one shot that the fur is going to fly when they get on their war paint and unleash their tomahawks, if removed from the bone-dry ordinance to give it an airing. DEATH OF MRS. FALDER The death occurred on January 9th at Los Angeles, of Mrs. A. C. Falder, who was Elizabeth Bauer, sister of George Bauer, of this city. She was born in Anaheim, January 22, 1871, in a house on the corner of Los Angeles and Adele streets. The lot is now used as a flower and shrubbery garden, owned by Frank Baum. She spent most of her girlhood here until her marriage at the home of her parents an Elm street, Anaheim, January 19, 1890. Mr. and Mrs. Falder made their home in Los Angeles for a time, where a daughter was born to them. Loss From $6900 Secretary Fire Department reporting The report from fire only $6900 Count of Fullerton signed as a pariment. The memorial array alarm age and stalled by The memorial covered Orphanage of an give them Study of taken up men and resulted yards have nature city is in Reports Anabell age $6000 F.C. damage $ definite. The mayor requested the clerk to bring in the ordinance book, and upon reference to that document, it was learned that the offense was a violation of the motor vehicle act. The man had been accused of speeding his gas carriage. "How about that, Mr. Attorney?" asked the mayor. "The case should have been tried by the justice of the peace," replied the attorney, "and the fine should be turned over to the county." Ordinance No. 343, granting permission to the Olinda Bus Company to operate its stages in this city, was passed. Trustee Backs reported that complaint had been made about the condition of Rose street. In the absence of sidewalk and curb in front of the Criss property the street superintendent has held back the grading of that thoroughfare. The case is an exceptional one, being more or less isolated and the order to place the improvement has not been pressed. However, the street superintendent will fix up the street as best he can under the circumstances. It was ordered that an assessment district be formed at once, taking in the area on West Center street, south side, in the block between Los Angeles and Lemon. The purpose of the district is to have moved back the two remaining building frontages that now encroach upon the sidewalk line. The city attorney, who is to work in conjunction with city engineer and the committee on public improvements, was instructed to proceed in the matter at once, although it has been stated that one of the owners has signified his willingness to move back, even though previously he has been quoted as saying that the city council could go to a region where the temperature was torrid, so far as he was concerned. But now its brass tacks—the frontages The police committee were given authority to place the upper rooms in the city hall building in shape for occupancy by the motor truck driver and family. It was reported that the premises do not suit the prospective tenants, but the trustees assert it is now a case of take it or let it alone. The repair of the roof of the power house was referred to the police committee. The trustees discussed the payment of wages to city employees when the latter have been laid up temporarily with illness. At present several men are off duty owing to the prevailing malady, and Mr. Steward desired advice as to the best course to pursue. The trustees want to be consistent in the matter and will see that no needy one is neglected, but they do not desire to go on record as being in favor of encouraging sickness. It was ordered that street lights be placed on South street between Palm and Walnut, and also on Helena street. A resolution was passed providing for a charge of 25 cents per month for water for each family in a residence or apartments, in addition to the owner of the premises, who is required to pay the regular rate charged by the city. It was said heretofore more than one family have received their water supply through one meter, which the board declared was not right. A direct telephone line was ordered installed between the fire truck driver's apartments and the power house, in order that prompt calls may be made in case of fire. Fedro Aguirre, charged with assault with a deadly weapon, pleaded not guilty when arraigned in court. His trial will come up later. who was Elizabeth Bauer, sister of George Bauer, of this city. She was born in Anchiem, January 22, 1871, in a house on the corner of Los Angeles and Adele streets. The lot is now used as a flower and shrubbery garden, owned by Frank Baum. She spent most of her girlhood here until her marriage at the home of her parents an Elm street, Anchelm, January 19, 1890. Mr. and Mrs. Falder made their home in Los Angeles for a time, where a daughter was born to them. The family later spent a period of time in Idaho on account of Mr. Falder's health, returning later to live at Rochester, San Bernardino county. Two years ago, having exchanged their property in that county for Los Angeles interests, they moved to that city, their last residence being at 433 West 60th street. Mrs. Falder had been ill for some time, and in order to save her life the surgeons suggested an operation. As a last resort she and her family agreed to it, but her death occurred two days after the operation. The funeral took place from the home in Los Angeles on January 11, and interment was made in Calvary cemetery there. She is survived by husband, daughter, three sisters and two brothers. The Gazette extends its sympathy to the family and relatives in their bereavement. MEAT STOCKS SAID TO BE ABUNDANT Secretary of Wool Growers' Association in the United States Insists There Is No Cause For an Advance In Prices That there are immense stores of meat in the United States, and that there seems to exist no reason for further conservation in their use; is the statement made by Dr. S. W. Mo- CLYDE BISHOP TO HANDLE LEGAL FEATURES BILL TO BE PRESENTED TO LEGISLATURE GIVING CITIES POWER TO ACT IN OUTFALL PROJECT COMMITTEEMEN ENTHUSIASTIC OVER PLAN AND BELIEVE IT OFFERS SOLUTION TO PROBLEM At a meeting held in this city Friday night definite steps were taken by the Inter-City Sewer Committee towards carrying out its plan for joint construction of an outfall sewer to the ocean. Attorney Clyde Bishop, of Santa Ana, was employed to handle legal features connected with the project outside of those arising within the corporate limits of the cities interested in the project. The first move will be to present and have passed a bill authorizing the Our total annual slaughtering of sheep and lambs in the United States is about 15,000,000 head. The reports on beef exports from the United States for the fiscal year ending June 30—and this includes beef sent to soldiers in Europe—amounted to 660,000,000 pounds. These figures look large, but when it is understood that our total production yearly is in excess of 9,000,000,000 pounds, it is seen that our total exports of beef and by-products are only about 6% per cent of our total production." According to Dr. McClure, the coming season's wool clip will not bring as high a price as formerly. The government has 400,000,000 pounds of wool to be disposed of. The government is attempting to dispose of the wool slowly, in order not to disturb the market, but it must be sold, as the next season's crop will be on the market and claim attention. Wool men are watching conditions with anxious eyes. ANAHEIM FIRE DEPARTMENT IN GOOD SHAPE Loss From Fire During Past Year Only $6900—Dick Fischle New Chief Secretary Tausch, of the Anaheim Fire Department, has issued an interesting report for the previous year. The report shows that the total loss from fire during the past year was only $6900, which is a big improvement over the preceding year. B. L. Goodrich has resigned his office as chief of the department on account of having entered business in Fullerton. F. A. Backs has also resigned as an active member of the department. The members of the department have arranged to have an electrical alarm system installed at the Orphanage and the system is now being installed by Joe Lieb at a cost of $425. The members of the department discovered that the 250 children in the Orphanage were without fire protection of any sort and have arranged to give them a safe system. Study of fire prevention has been taken up extensively by the local firemen and great benefit to the city has resulted. The vacant lots and back yards have been cleared of rubbish of the nature which breeds fires and the city is in fine shape. Reports of fires during 1918 follows: Anaheim Ice Plant, Jan. 27, damage $6000. F. C. Rimpau residence, March 12, damage $750. At a meeting held in this city Friday night definite steps were taken by the Inter-City Sewer Committee towards carrying out its plan for joint construction of an outfall sewer to the ocean. Attorney Clyde Bishop, of Santa Ana, was employed to handle legal features connected with the project outside of those arising within the corporate limits of the cities interested in the project. The first move will be to present and have passed a bill authorizing the cities to vote bonds for such a project and to provide for condemnation proceedings, should it become necessary to resort to the courts in securing a right of way for the outfall. As the law now stands the cities could not vote bonds for the joint outfall and right of condemnation is questioned. These points will be cleared in the bill which Bishop is to draft and cause to be passed by the legislature. He will have full control of this feature. He is to be what might properly be called chief legal advisor in the outfall sewer proceedings. The city attorneys will provide for the bond elections in their respective cities and other legal matters that may develop in connection with the enterprise. Condemnation proceedings brought outside of corporate limits, contracts, etc., will be handled by Bishop. His employment is subject to approval of the city councils of the four cities and his compensation is to be $3000, to be paid quarterly over a period of two years. It is believed that it will require at least two years to bring the project to final completion. With resolutions presented to the council approving the retaining of Bishop will come a definite determination by all cities as to whether or not they want to enter into the project. The committees from each citp appointed to the Inter-City committee are enthusiastic over the plan and believe it offers a solution for a problem that each city will have to face sooner or later. Each of the committees expressed the belief that their action would be ratified by their councils. Bishop has had considerable legislative experience, having served this county for two terms and having later represented other interests in matters before the legislature. He put through a bill for Newport Beach making it possible for that city to vote its bonds for the harbor work now in progress. Study of fire prevention has been taken up extensively by the local firemen and great benefit to the city has resulted. The vacant lots and back yards have been cleared of rubbish of the nature which breeds fires and the city is in fine shape. Reports of fires during 1918 follows: Anaheim Ice Plant, Jan. 27, damage $6000. F. C. Rimpau residence, March 12, damage $750. Chas. Criss store, March 16. Chas. Grim auto, April 18. S. Q. R. backyard, May 22. House on Chestnut, between Palm and Clementina, May 22. Grass fire on East Center, June 22. Mush residence on South Palm street, September 12; damage $50. Irvin garage, false report, Oct. 3. R. E. Coffman, hay stack, Nov. 21; damage $100. Kern store, basement, Dec. 20. F. C. Goodrich shed, Dec. 28; total loss $6900. Members of Anaheim Fire Department: R. Fischle, chief; Al Erickson, assistant chief; F. Tausch, secretary; H. L Backs, treasurer; J. L. Swope, foreman; R. O. Quarton, first lieutenant; C. Pressel, second lieutenant; H. Schindler, sergeant; B. L. Goodrich, Chas. Clark, F. C. Goodrich, Joe Gibson, Frank Mauer, Ben Birenbaum, B. D. McAlvay. Two correspondence courses in journalism, one on news writing and one on special feature writing, to be given by Arthur L. Price, Sunday editor of the San Francisco Examiner, and one of the best known newspaper men on the coast, were recently announced by the University of California extension division. Information relative to both courses may be had by writing to the extension office, 301 California Hall, Berkeley. OIL BOOM MAY BE AT AN END Less Demand by Factories; Many Tankers Released For Service; Feeling of Pessimism The stock market was irregular in New York Monday, most issues closing with net losses. The few that were strong had special reasons in earnings or pool work. The feeling of pessimism, carefully nursed by leaders of the financial world, was dominant. Money is working easier, but investors have lost interest in money rates since they know there is a limit in loans. Even Petroleum stocks were heavy although they were everywhere admitted to be the leading peace issues. While Wall Street was searching for reasons for the weakness of petroleum stocks, the true reasons were at anchor in the harbor. The return of tankers by the government has been too rapid to enable the companies to find a market to keep them busy. The war ended long before the oil men expected and they had neglected to provide the new market for petroleum. To add to the complexity of the situation wool mills in New England that were to use oil as fuel are closing. War industries are slowing down and the new mills are not starting. So the present boom in petroleum stocks is probably ended.