Londop, Apr. 13.
The Federation of Master Lot tonspinnera of Manchester have deci to continue short time the American cotton section until the end of September, instead of reverting to full time in May, og had previous The scheme affects twarthirds the whole trade—Reuter. when the cold woathee is. over and results of heavier scale. of drilling are felt, Tu Feb-runty, there were 170 more com: pletion than in" January, and the initial productivity. wan 104,- 786 Ublu higher, at 200,087, the end of the month, there wore {0 more drilling operations int progress, or 4,02. "Any talk of a "famine" in' crude of supplies this year is therefore clearly unsound.
The political anglo of the oil. industry still commands the oentro of interest. It ig understood that Senator La Follette is making progress in framing a drastic measure to "regulate" the indus try. Although but little informa ion has boon given out, it is said that export of petroleum and products is to be prohibited, presumably in answer to those alarm-
Text read from the printed page and cleaned; old type leaves the occasional error.