Casper Daily Tribune Newspaper, March 1, 1922, Page 8

Ea 0 AS ia PAGE EIGHT MINER'S DELIGHT GOLD DEPOSITS . IN FREMONT WILL BE DEVELOPED Oil Securities Furnissed by Taylor and Clay New York Stocks Associated Press Leased Wire LAST SALES The Caaner Daitn 7rihune POOL AGTWIT "FEATURES MART i is pe ele 20 23 American Beet Sugar’. $s 30 . | American © a as 3 Americ: sce 7 ulls Active in Specu! Contract Closed for Purchase of South Pass Mine 22s: Sa5., Peaads v2: a “41-43. | Bulls Active in Speculative Is- * si | American International orp ot HE pete ae sues Despite Sluggish Equipment to Be Increased and Operations | American Columtine wis ae ae Demand. cy Am Corso! yalty. 1.1 ¥ Will Be Resumed Early This Sprng lebesan Eee x fp eee 04 NEW TORK. yiarch 1 Bum Becks cE - 7 were ive in in ious: ‘ Americin = Of particular interest to those who believe that the future + “a -54 |speculative stocks, but encountered f Wann lies in the development of her latent mineral Atchison . 2.25 |considerable opposition in the last of S ns ing is |Atl., Guilt -20 |the session. Sales approximated 900.- resources is the announcement of the puchase, made this ar Rh ® es a3 lhe : week by a syndicate composed largely of Sees mee is Baltimore and Ohio a action of the ini om iner’ i ini mi tethichem Steel “B” ”, . ee: sueck: Sanenett, the famous Miner’s Delight Spa pa A A bbe rid a reper | en Vaue Sarrdicoe S county, and the further ann GAAINS FORCED LOWER IN MART Weather Reports Weaken Buying and Bullish Stock Reports Fail to Work. CHICAGO, March 1—With snow on the ground over practically the entire domestic winter crop territory today, and with lower quotations from L'v- erpool, the wheat market showed a, material setback in prices during the early trading. It was pointed out that the United States visible supply of wheat was larger than a year ago, and tht there was more wheat on ocean passage as compared with this time last year. An upturn in values at Buenos Aires, however, tended to check declines here. The opening, which varied from % to 1%c lower, with May $1.46% to 147 and July $1.22% to 1.2 were followed by ight further losses and then some- thing of a rally. Subsequently, bullish estimates of farm stocks of wheat failed to stimu late much buying. As a result many traders shifter to the selling side of the market, and caused pronounced weakness in prices. The close was un- settled, 3%, to 3% net lower, with and July $1.20% Corn and oats were ensier with wheat. After opening % to %c low- er. May 67% to 67%c, the corn mar ket weakened a trifle further. Later, notwithstanding announce ment that disappearance of corn dur ing the winter was the largest on rec ord, the corn market underwent a notable setback ip price, duplicating the action of whgat. The close was nervous, 1% to lic net lower; with May 66% to 66%c. Oats started unchanged to down, May 42% to 423 @%éc, and then held near to the initial range. Provisions reflected downturns the vatue of hogs. to %c in Closing Quotations. CHICAGO, March 1— ri are to be operated on a large scale as soon as equipment can‘ be installed. Properties, which have been in prog- ress for a number of months, were |sficcessfully concinded during the past week by Frederick B. Androws, district manager of the Prudential In- surance company, who is to be the | secfetary of the syndicate. The other Officers are: Noah Young of Glenrock, for 12 years inspector of mines of |C Wyoming, president; Donald J. Smith, siperintendent of construction and mechanical eperation for the } Standard refinery, vice president: j Harry C. Young of Glenrock, presi-|1 dent of the Young Of! company andj I the Merico Royalties company, treas-! 1 urer. | George Richard Turley, junior mem: ber of the firm of Edwin McNeal & | \ Co., investment barkers of Chicago, and A. C. Andrews, superintendent of > the gas plant of the Midwest Refin- ing company, Salt Creek. The board of directors consists in all of five men who will be associated with the offi- cers in tho management of the syn: dicate. dicate has secured the services of one ! of the best mining engineers in the Rocky Mountain region who has had | 32 years of experience as a miner, foreman and a superintendent of Lead, S. D., the Moffatt: Smith com-| 8 bine of Cripple Creek and Leadvitle, | ©! pany of Cripple Creek, and numerous others. 5 The syndicate will operate under T! the name of The Miner’s Delight Gold Mines Syndicate and its executtve J headquarters will be located in this| city. U The Miner's Delight well as one of the richest, gold mines in the country, according to the opin- fon of experts who have examined the Property from time to time in the 1 terests of various owners.” It was dis- covered more than 50 years ago in| B: 1867 when South Pass and Atlantic City were flourishing settlements on the old Oregon Trail, and according to the statement of Noah Young, presi. dent of the syndicate. who as a youth| * worked in the mine. more than a mil- j on dollars was taken out in the first 150 feet of depth while about $200, | Chandler Motors”: Chesapeake and Obio . Negotiations for the purchase of the Chicago, Mil. and St. Paul Goodrich Co. K Prominent among the directors are} } | Mexican Petroleum People’s Gas . Pi in| Rep. Iron Steet such mines as the Homestake mine| Royal Dutch, N. Y. Colo, the Portland Gold Mining com-!gourner Pacific Texas and Pacific ts without! United Retail Stores ... doubt one of the most famous, as U- S. Ind. Aloohol .. United States Rubber! United States Steel Utah Copper ...... Westinghouse Electric - | Willys Overland ., Cala. Montana Powor Sentral eLather Mike Henry’ - Northwest . + $94 lOutwest .. Picardy chicago, R. I and Pac. Red Bank . ino Copper ..... y Producers. rado Fuel and Iron pee dawg Re Corn Products .... T 7 pve A Tom Bell Royalty . Srie amous Western Exploration . 2.16 Wind River Refg. . United Pete .. o- Western Ol Fields . Wyo-Kans Jeneral Ww reat Northern, pfd. . Uinois Central nsfiration Copper . . nternational Harvester ....... nt. Mer Marine pfd. . nternational Paper nvincible Ou . Celly-Springfield Tire Cennecott are ouisville and Nzshville NEW YORK CURB CLOSING Mountain Producers . Merritt . Glenrock Of Salt Creek Prds. Salt Creek Cons Prod. & Refrs. Marine . -——. 13 92 6.75 1.25 6.75 89.00 193.00 fiami Copper « 88, Cities Service Com. .. 191.00 LIBERTY BONDS e ¥., New H. and Hartford orfolk and Western Northera Pacific Fourth 4%s -ennsylvania Victory 4%s ears Roebuck ‘inclair Con Oft * Pere et itandard Ol of N. J. . tudebaker Corporation ‘ennessee Copper | ‘exas Co. Big Muddy ‘obacco Products Mule Creek baabaoe BSSESS8s nion Pdcific ex div. . Pressure and vigorous selling carried Gown Studebaker, Chandler and Pierce early highest. Meantime the ments, leathers, sugars and utilities shares crept steadily upward. New York Air Brake gained 5 points,' Rico sugar 4; National Cloak and Suit 3%, Burns Brothers (A) 3 and Columbia Gas 1%. Concerted selling of rails, steels, mo- tors and oils undermi=*4 jw.1ces ucter! effecting reactions of 1 to 3 points ‘and causing numerous net losses. The closing was heavy. NW YORK, March 1.—The short interest in the stock market hurriedly! covered its contracts at the opening | of today’s session as many popular is- |sues made early gains of one to three |points. Leaders‘of the advance, {Was stimulated by the further rise of British exchange, included Gulf States Steel, prominent equipments, oils, and several of the rails, notably Canadian Pacific. Sugars and fool specialties | [extended yesterday’ Market Street Railway prior preferred was the only reactionary issue, falling 1% points. Fears of an early monty flurry, due to March 1 payments, were ground. less, call loans opening at 4% per cent. Equipments, independent steels and motors and their subsidiaries continued to move forward with shippings. Gains of 1 to 3 points were made by Kelsy Wheel, Crucible, Replogle, Van- adium, New York Air Brake, Pierco Arrow preferred,, Stewart Warner, Stromberg, United States Rubber and Kelly-Springfield Mexican and Cali- fornia Petroleums and Standard Oil of New Jersey furnished the stronger oils Except for Texas and Pacific and Canadian Pacific at gains of one point and 1% points rails were apa- thetic FAILURES PILE UP IN STREET NEW YORK, March 1.—The wave of financial distrust continued to pound against Wall street brokers to- day. In the forenoon Walter J. Schmidt and company, 30 Broad street, an- nounced suspension of its business. A statement said this action was neces- sary “in order to conserve the inter- ets of all our customers and creditors during the period of uneasiness.” The Schmidt firm has specialized in railroad stocks. No mention of assets or liabilities was contained in its .an- nouncement. tutte and Superior . Petroleum hattuck Arizona Livestock Mart Chicago Quotations. CHICAGO, March 1.—{United States ureau of Markets)—Cattle receipts Wheat— Open, High. Low. Close.| 000 was carried away by workmen| May —_$1.46% $1.43% | 87d others. July —— 1.22% 1.20% “Tt used to be a &O-ns-you-please Corn— mine, any and everybody carrying May -. 67% 68 -66% | away rock,” Mr. Young states. “Tt! p: July -— .69% .70 -68% | was quartz sticking to fold, instead Oats— vf gold sticking to quartz.” 42% AIS 41 41% eo . “ag tae aang “age | THE fst operators of the mine en. countered many difficulties, the chief being the active hostility of Indians, 2145 21.25 21.25 ana one group of miners were even forced to flee for their lives. 12.12 11.85 12,00 Ary orien Among those who have from time to time been connected with the de- 1150 11.40 11.45 velopment of the property are such ae ae 31.00 weil known men as the late Eé@mund J. Wells, ploneer resident of Converse county, Major Baldwin of Lander, —Rutter higher;|®24 Capt. H. G. Nickerson, discov. first 32@36c.| “Ter of many of the rich deposits of tandards, 34%c. the South Pass region. | receipts 16,070 cases;} In 1907 the mine became the prop-| @26%c; ordinary firsts 23] urty of a group headed by ex-Senator| ellaneous, 25@26c. C. D. Clark of Wyoming after a gen-| eration of abandonment and active| steps were taken to unwater the mine and equip it for operation. ‘The finan-| Butter and Eggs. CHICAGO, March Detroit Boat cial depression of that year halted| . . this work, however, and the mine! Ww ms Big Race passed into the hands of a group| headed by Judge H. H. Henderson of| Ogden, Utah. Negotiations for the purchase of the properties were be- MIAMI, Fla., ifaien i. Gar Ir. IG) sun with Judge Henderson and An fast express cruiser owned by|thur Kuhn, former secretary of state jar Wood of Detroit, today won the} of Utah, some months ago, and these last leg of the triangular race from|were successfully concluded by Mr. Miami to Havana and return by way| Andrews February 2 of Key West, vessel made the! The engineering staff which has i54-mile run from Key West at an|been selected by the syndicate com. average speed of 30% miles an hour.| pleted plans for an initial production Carl Fisher's Shadow V, the other en-| of 100 tons of ore a day, and the mill try, was far behind. capacity will be increased as rapidly Se 83 possible to handle the tremendous THE PAS DOG Machinery and equipment will bein DERBY ENDED talled as rapidly as fs Possible oon as the winter season in WINNIPEG, Man., March 1.—C. B. Morgan won The Pas 200-mile dog South Pass region is over. The syndicate also owns placer min- derby, according to reports reaching here from The F as the 7,000; beef steers and she stock steady Money. NEW YORK, March 1.—Call money steady; high, 6 per cent; low, 4%; rul- ing rate, 4%; closing bid, 4%; offered at 5; last loan, 5; call loans against acceptances, 414. Time loans firm; 60 days, 4% @5; 90 days, 4%@5; six monthss, 4% @5. Prime mercantile paper, 4% @5. Metals, NEW YORK, March 1—Copper easy; electrolytic spot and near by, 12% @12%c; futures, 13c. Tin easy; spot and futures, $29.37. Iron easier; No.1 northern, $18.50@ 19.50. Lead steady; spot, $4.70@4.80, Zine quiet; East St. Louis delivery spot, $4.50@4.60. Antimony—Spot $4.25. to strong; choice 1,495 pound steers $9.40; bulk beet steers $7.50@8.4 bulls slow, about steady; calves un- evenly: lower; stockers and feeders steady on better grades; lower grades dull. Hogs receipts 21,000; uneven, mostly 10 to 15¢ lower than yesterday’s aver- age; lighter weights active, others slow; top $11.20; bulk $10.75@11.15; pigs 25 to 40¢ lower; bulk desirable 100 to 120 pounders $10.00@10.20. Sheep receipts 1',000; very slow; nothing choice sold early; bidding 25 to 50 lower; shorn Texas Yearlings and twos $10.00@10.75; desirable &1 pound shearing lambs $14.50. (WYOMING ASSOCIATION OF AUTO MEN FORME GREYBULL, Wyo., March 1.—The Wyoming Automotive association, pro- jected as an association to bid for membership among all auto and ga-; fage men in Wyoming, was organized at a meeting here. M. G. Wild of Worland was made president, J. A. Carlson, Thermopolis, vice president; H. B. Paris, Worland, secretary, and Frank Grigham, Basin, treasurer. ‘The cagustiase organization will be completed at a! OMAHA, Neb. March 1—(United| meeting to be held at Basin on March States Bureau of Markets)—Hogs re-| ¢ eipts 11000; active 10@1$e higher; bulk 180 to 210 pound butchers $10.25 @10.85; top $10.86; butchers 215 to 335 pound weights $10.60@20.80; packing grades $9.00@9.75. Cattle receipts $5,000; beet steers steady to 150 lower; heavy beeves $8.45; few yearlings $9.00; she stock steady; bulls strong; veals 25c higher; stockers and feeders steady. Sheep receipts 8,500; lambs mostly 75e tower; spots $1.00 lower; bulk $10.25 @10.65; top $10.75; sheep weak; by ght ewes $8.30; feeders 25 to 50c lower; feeding lambs $13.50; shearing ambs $14.00. ' i Mutual and public protection and the promotion of better service aro! included in the objects of the new as- seciation. — 11.00; bulls $2.50@4.00; stockers and feeders $6.00@7.00. Hogs receipts 400; market 10@15c higher; top $10.80; bulk $10.50@ $10.80, Sheep receipts 5,000; market no trad- ing, bidding 50 to 75c higher; lambs $13.75@14.25; ewea $7.00@7.75; feed- er lambs $13.00@13.75. | Denver Quotations. |. DENVER, Colo., March 1—Cattle |receipte 900; market etrong to 15c jhisher; beef steers $6.50@7.75; cows and heifers $4.50@7.20; calves $8.00@ LET ME TELL You THIS MY FRIEND— Income Tax Compiled With j Notary Service. CAPITAL GF STOGKMEN’S LOAN COMPANY. RAISED of the claims, it fs anticipated, Many. old miners have been visiting the re- sion for years to wash out dust and nuggets from the Miner's Delight gulch and those adjoining and it ts estimated that in excess of $1,000,000 has been taken out in this way. ‘The members of the new syndleate have recelved congratulations over the completion of the deal from many sources and old mining men, ap- prised of the plans of operation, have been unanimous in their assertion that March 1.—The Loan company |‘"¢ ™ine ts one of tremendous valuc. ¢ the War Fi increased its 00,000 to $1, umber of its direc ven. Two addition directors authorized by the increase | to be chosen within the next few The increased capitalization of gives it a borrowing 000,000 of federal funds— n capitalization. To date t $6,000,000 has been loaned to ing stockmen through the com: capital 500,000 an Special Weekly Rates $7.00 and Up. Fine, large rooms, steam heat, baths, hot and cold water. American Hotel 244 S. Center St. Entrance American Cafe us perform- t its popu: Hours 5 to 10 Evenings. Minimum Fee, $2.50. OFFICE: OVER IRIS THEATER ‘a ‘We want to impress upon the minds of every one who needs Cullen & fists, 44>... 7 Mba Fe PIT ssstavela ICU FT tai@Des plumbing or is apt to need plumbing or who has a friend who needs some plumbing done Zi or some repair work looked immerman after that our work is absolute. e e ‘3 ly dependable and that we can Mill and Cabinet Shop nurse any piece of broken down Phone 1743W. Plumbing back to life if it's 427 East Railroad Avene mendable. Mill work of all Kinds, storm sashes, screens, store fixtures, kitchen cabinets, colonnades and furniture repairing. Anything in the line of cabinet work. We give absdlute satisfaction. A satisfied customer is our best advertisement. SHEATING CO. INC. PHONE 711 Foreign Exchange Steady. NEW YORK, March 1.—Great Bri- tain, demand 4.43%, cables 4.44; 60- Dills on banks, 4.40%. France, de- mand 9.19%, cables 9.20. Italy, de mand 6.38%, cables 5.39. Belgium, de- mand 8.6914, cables 8.70. Germany, demand .43%, cables .43%. Holland, demand 38.34, cables 88.36, Norway, demand 17.15. Sweden, demand 26.50. Denmark, demand 21.15. Switzerland, demand 19.58. Spain, demand 16.02. Greece, demand 4.62. Poland, demand} $50 CORONA ROYAL STANDARD TYPEWRITERS We Rent and All Makes REBUILT MACHINES Payments if Desired CASPER TYPEWRITER EXCHANGE iets ha J. Heiser, — ase Over White's Grocery 112 the motors rendered them sensitive to! J Lima Locomotive and South Porto Swift. 7s, 1931 . ya 115 2 103% 104% 96% 97% Arrow issues 1 to 2 points frem their! New York Sentral, casip-| Pennsylvania R. R648 jc Queensland, isn ey si On, NOY. 7s Swift, Ts, 1925 104 108% 101% 101% 103% 103% Rallzpad, pubtt le “utility, municipal, Industrial. irrigation, terminal, pov 02%. Czecho-Slovakia, demand 1.74. Argentine, demand 37.12. Brazil, de mand 13.75. Montreal 981-1 Silver, silver 63%c; Me-ican dollars 48%c. becinadioer 522} weaning Holyoke college. Who sald he liked my well dressed way. your well dressed way if you get acquainted with our dry cleaning way. Hus- bands and wives, broth- ers and sisters mako use of our expert work and find that it keeps thelr wardrobes cheor- ILS E.RAILROAD AVE. PHONE 56 FOR SALE good condition—CASH. Difference Between Total Loss and Build Again Ask the man who was “wip- ed out” if you need fire insur- ance and follow his advice. Your business, your home and your furniture need insurance. REAL ESTATE MIDWEST.BLOG, NEW YORK, March 1—Foreign bar Febmnary 28th is the one hundred and twenty-fifth anniversary of the which birth of Magy Lyon, founder of Mt. Hemstitching machine, in Dealers in Hides, month. 516 W. Yellowstone Got to have 8,000 Ibs. df pelts to deliver first of next Figure with me on your hides and furs. R.. GREEN Pelts, Fur, Wool [ WE ii 500 East Yellowstone OMING AUTOMO SAVE TOPIC Atkins Hack Saw Frames and Blades, Miller & McKone Tires and Tubes, Free Air and Water Phone 1473R CADILLAC °61”? - Is on display at our showroom in the Casper Motor company garage. One of the Four-Passenger Phaetons _and one of the big new Roadsters. We will be pleased ta demanetrate these cars at any time—simply call 909 and ask for Carney Peterson. Cadillac drivers are especially invited to test the merits and many improve- ments of these new models. WYOMING CADILLAC COMPANY * 236 West Afellcieaiie Avenue Phone 909 WHY PAY HIGH RENT! We will sell you a house for small payment down.and bale ance very easy terms. Monthly payments on some of our houses are as low as $25 per month, and in a short time the Property is yours, or you can buy a lot for 10 per cent down, balance $10 er month, and you can build your own house. smal! bourca on the rer of the lot. ee ae : Midwest Heights Realty Company Room 233 Midwest Bldg. Phone 1040W. Frervocccsccsecccocosececcsccsvescsvsvecccssces: We Would Be Very Glad To Figure oo On any building or improvement you might have in mind. If you have an idea what you would like but don’t know exactly what it will take in material, come in and give us your ideas. We will figure the bill of mate- rial and the cost. 3 O. L.Walker Lumber Co. West Railroad Avenue Phone 240 ee evorcevcevees > dai are 3a. 3] rm a4 g12 gy lo<]8 4)8 srw <5 2 a [32 ,)88 3 BEA alo