Casper Daily Tribune Newspaper, July 10, 1922, Page 6

| ‘ i PAGE SIX fhe Casper Daily Cridune MINER'S DELIGHT SURVEY SHOWS TWO RICH VEINS OF GOLD OR Resumption of Operations on Enormous Scale Séen in Famous District Above Lander Through Promise of Rich Returns, Report * \a “After an exhaustive examination of the Miner’s Delight |A* last week by myself in company with) g Charles M. Strickler, our mine maneger, and other mining Baltimore and Ohio. . mine conducted men, there is no doubt in my mind that the Miner’s Delight mining dist-ict, 24 miles south of Lander, will be the scene | ing operations in the near future,” de- of tremendous mi Andrews, secre ight Syndicate, ned from a er part of the at the certainly des again one of the great * Mr. Andrews Loring, president of the ng congress, declares ustry in Amer- val of ‘activity in the old gold camps as there is little hope of new gold discovery in this country and it is the revival of the famous Miners Delight mine, long ago proven a big gold producer, which now have in progress.” imens of the rich of Miners Delight were brought ck by Mr. Andrews and are on exhi ion at his office on the ground floor of The Tribune build- ing. These specimens were taken for the most part from the virgin ore of the original rich vein from which the greater part of the previous produc- tion of the mine was obtained. Mr. Andrews and Mr. Strickler discovered that earlier owners of the mine had contented themselves with the removal of only the very rich high-grade ore and that ther had touched but a Iimit- e4 part of the gold bearing veins in the property. Some of this early pro- duction was almost pure gold running as high as $25 a pound in value and while the present owners do not base thelr plans upon the uncovering of, such rich ore as this, Mr. Andrews and Mr. Strickler were told by mining men of this district that it ts almost GRAIN MARKET ~(G IRREGULAR July Wheat Drops in Value While September Moves Up in Price. A number of spec gold bearin: CHICAGO, July 10.—Rafiroad de yelopmonts attracted more attention today than heretofore arnong wheat traders and led to early upturms in priee today after an initial show of weakness. Uncertainty over German financtal conditions acted at first aa a dominating bearish factor. Sellers, however, were handicapped by reports of threshing delays in Nebraska, Mis- souri and Kansas, and the market son rallied. The opening, which varied from % to 1%4c off, with Sept. $1.10} to $1.10% and December $1.12 to| . was followed by a rise to Satur- finish or well above for all de- Reports that the Chicago and Alton railroad had stopped loading of wheat | had a further bullish effect later, and| so too did anouncement of a decrease | in the United Statds visible suppty. ‘The close was unsetlted, %c to 1% net higher, wi Juty $1.11% to $1.11 and September $1.13% to $L13%_ Timely rains where needed made prices easy for corn and oats. After! opening unchanged to %c,lower, Sept. 64 to 64%4c, the corn market held with- ing about the initia! range. Subsequently, profit-taking on the part of shorts, together with wheat, gave the corn market strength and more firmness, which, however, failed to last. The close was unsetlted, at 1c to to 1% net decline, with Septem- ber 63%e to 63%c. Oats started % to ec off, Sept. 36% and later recovered’ somewhat. Lower quotations on hogs weakened provisions. - O1% 61% - G4, =— 63% 64 = 4 34K = 36% .27% % DSL 89% 40% He July — — - 10.65 10.67 10.60 10.62 - 10.85 10.90 10.80 10.85 July --- 10.57 Sept. —— — 10.45 10.57 10.45 10.52 Potatoes. CHICAGO, July 10.—Potatoes slight- ly weaker; receipts, 95; total United States shipments 964; eastern shore Virginia cobblers No. 1, barrels $4.290@ sacked 6.15; Kansas early Ohios No. 1, $2.35@2.50; Kansas sacked cobbiers No. 1, $2.60. Butter, Eggs, Poultry. CHICAGO, July 10.—Butter steady; creamery extras 35c; firsts 22@34c; seconds 30@31c; standards 35%c. certain that there is still a great quan- tity of hi¢h-grade ore in the mine. During Inst weekemen were put to work by Mr. Strickler in tracing the known veins. One was opened up ry work] and examined for several hundred feet | Crucible Steel and found to be at least four feet wide and to carry ore which will average $32 to the ton, a value which will pay enormous profits as soon as the mine fs equipped with modern machinery and operated on a commercial basis, Another enormous vein, tested by sur- ‘yee shafts and cuts, in some places as deep as 15 feet. ts five feet in width and carries ore averaging $24| a ton. Mr. Strickter also put one miner at work in the placer gulch below the mine and at a depth of three feet ob-| tained an excellent showing of placer gold. Continuing to bedrodk, placering of the gravel showed an in-| ors. This placer gold in the gulches/ has beyond question been washed down from the outcroppings of the rich gold veins on the ground above. Mining men who own properties ad- Joining the. Miners Delight declare that a vein of blue quartz underlies the famous white quartz veins of the! Miners Delight which yielded such| fabulous fortunes, and that the blue quartz veln has never been opened up. Last week's examination corvinced| Mr. Andrews that this ts true as the placer gulches contain blie quart frag-| ments. Blue quartz was found in the great upthrust dyke which evidently] brought al Ithe veins to the surface and showed in some of the old mine} workings, As a result of this exhausttve ex- amination, Mr. Strickler has concluded to sink a main shaft directly; between | the two large veins uncovered and traced last week, cross-cutting at the| 100-foot level and also to cut through | what is known as “tne dyke" into the| lower workings where the famous white quartz was found. “From the results obtained in the past 10 days we are certain that there: is a gigantic tonnage of $24 and $32} ore than we had originally believed.” Mr. Andrews states some assays ob-| tained by Mr. Strickler from the main Miners Delight vein on a former visit ran as high as $86.20 per ton. { “We explored some portions of the| famous rich vein which yielded over a million in high-grade, although most of the original workings have caved in, and found samples of rich white} quartz which will assny into the thou- sands of dollara ner ton. While I hes- itate to make a statement which might-arouse unduegexcitement, yet I am convinced that below this rich sur- face vein of white quartz-we-slmall find the blue quartz vein as rich in gold as the White quartz was above it. Mr. McGrath, the owner of the adjoining property, who: has been in the district many years, is likewise of this belief. I believe there is richer ore in this mine than was ever taken out and the bellef is strengthened by-the rich} ore samples which I found and brought out with me.” As goon as the syndicate has com- pleted its financing campaign now in progress machinery will be installed, operations will be started and a large tonnage of medium grade ore will be dlocked out while exploratory work will be carried forward on the rich streaks of high-grade ore. Every foot of ground for miles around the Miners Delight has been staked out or proven up by locatyrs.| “If this district were in Colorado, Nevada or California,” Mr. Andrews states,” the region would be swarm- ing with mining men and the gold rushes of past generations would be in a fair way to be duplicated. In my experience in “Arizona and Nevada 1 bave never seen a mining property containing such well proven veins| and with such tremendous ore bodics| as are to be found well defined in the Miners Delight property. “The gold is there in huge and profitable quantity. This I know be- yond any possible doubt, and efficient mining operation will bring this mine into the-ranks of the leading gold pro- ducers-of America in a short. space of Upon Mr. Strickler’s return with a complete detailed report of the prop- erty, Harry C. Young, president of the Miners Delight Syndicate, and Donald J. Smith, construction engineer for the organization, plan a trip to the mine and other syndicate members will probably join the party. ‘STEEL ORDERS ON INCREASE ! | NEW YORK, July 10.—The monthly tonnage report of the United States | Steel corporation, made public today showed $5,635,531 tons of unfilled or- ders on hand June 30. This is an increase from May’s unfilled orders | which totaled 5,254,228. —— jinvineible Ot the |} creased amount of free gold and every! e}sample taken showed many gold col-| ore in the mine and also that there is|. deal more of \s & great deal more of the higher grade|Great Northere Ore | Allied Chemica! & Dye -------- |Allis Chalmers .... ‘American Beet Sugar [American Can jAmeyican Car & ss | American Hide & Leather |American International Corp. | American Locomotive ... Smelting & Refs. - American | American | American | American American American Woolen - naconda Copper | ‘chison .. Gulf and West Indies. Baldwin Locoracttve AtL, Chandler Motors . Chesapeake and Ohio . Mike Henry Mountain and Nortwest Chicago, R. I. and Pac, . Chino Copper ...... Colorado Fuel and Iron . Cor Products ...... Red Bank . Werle . on dézep Five Tribes Pet. Co. . Geowat kevbalt Rivera Hates site alee on eke ! oe aes General Electric ri act h & Producers. tod c Soaen teed Tom Bell Royalty |Great Northern pt Western Exploration |Tilinois Central Wind River Ref, [Inspiration Copper Sapiro International Harvester Int. Mer Marine pfd. International Paper . s YYestern Ot ; Western States Y on Kelly Springfield Tire . Kennecott Copper ... Louisville and Nashville . Mexican Petroleum |MMami Copper .. Middle StatesOil . Midvale Steel ... lssouri Pacific . w York Central N. Y.. N. H., find Hartford . Norfolk and Western Northern Pacific Oklahoma Prod, and Pacific Oil Pan America: Pennsylvania People’s Gas Mountain Producers Merritt ..... Glenrock Oil Cities Service Com, New York Oil - Fensiand .... Pure Oil ... Ray Consolidated Copper Reading ...... +08 Rep. Iron and Royal* Dutch, } Sears Roebuck Sinclair Gon Of Southern Pacific . Southern Railway ~ Standard Oil of N. J. Studebaker Corporation Tennessee Copper Texas Co. Fourth 44s Victory 4%s - Texas and Pacific 29% Cru Tobacco Products . 73% } ide Market ‘Transcontinental Oil 15 Union Pacific .... 140% United Retail Stores . 67% |Grass Creek .... U. 8. Ind. Alcohol 56 |i "Basin United States Rubber 61% |Lance Creek United tSates Steel . i 99% | Hamilton Dome Utah Copper . t see “Rock River . Westinghouse Electric 58% | Salt Creek Willys Overland .... 8% | Big Muddy American Zine, Lead and Sm. . 178] Mule Creek Butte and Superior 2s — Petroleum 62% Power 69% B Money. Arizona . 10 NEW YORK, July 10.—Call money easter high 4% low 4; ruling rate 4%; closing bid 1; offered at 4%; last loan 4; call loans against acceptances 4; time loans firmer; 60 days 4%; 90 days 4%; six months 4%; prime mercantile paper 4@4%. chit ko 2 “Meet_me at the Smokehouse.” Livestock Mart Chicago Prices. CHICAGO, July 10—(United States} Bureau of Markvis).—Cattle, receipts 18,000; xnarket active; desirable beef | == steers strong to 10c higher; spots more; | == early top $10.25 paid several times for |= yearlings and heavies; hulk beef steers $8.90@10.60. she stock firm; bulls strong to 15c higher; veal calves steady; stockers slow; bulk fat cows |= and heifers $5.35@7.50; bulk bologna bulls $5.00@5 5.40; veal calves early mostly $9.00@ 9.25; choice handy weights to city butchers $9.50@10,00. Hogs, receipts 58,000. better grades! active, mostly 10 to 15¢ lower; mixed} and packing grades slow, bidding slightly lower; few sales 25c lower; top $10.90; bulk good butchers $10.40@ 10. Pigs about steady; packing sows mostly $8.50@9.25; heavyweight $10.35 @10.65. medium $10.55@10.85; light $10.80@10.90; light light $10.10@10.85; = = ; few around $5.35@ | == => STOCK TRADING holt “ Prices Generally Steady De- spite Small Volume of Sales Today. NEW YORK, July 10.—Trading in the stock Smarket today was small in volume but the,undertone was fairly steady despite further domestic and foreign complications. Sales approxi mated 575,000 shares. Steels eased on profit-taking in late trading and drug and chemicals, specialties reacted but motor, coal and metal shares strengthened. The close was irregular. NEW YORK, July 10.—The week on the stock exchange began with trreg- ular extensions to last Saturday’s gen- eral reaction. Rails were under marked pressure, reflecting strike con- ditions. Olls, chemicals and coppers also lost ground. Early quotations showed loases of 1 to almost 2 points for Atchison, Greet Northern pre ferred, Royal Dutch and Davison Chemical, Lake Erie and Western ad- vanced 1% points on advices from Washington that application had been made by the Nickle Plate road to ac- quire control of that property. For- eign exchange, ineluding German marks, were steady. Last week’ clearing house statement, showing a large actual cast gain, was expected to make for easier money conditions in the local market. Early offerings of stocks were easily absorbed an4 prices strength- ened for a time on the demand for Mexican and Pan-American Petrole- ums, Standard’ Oil of California, Studebaker and several of the equip- ments, food and chain store xpecial- ties. This advantage was cancelled before noon when fresh selling de- veloped among rails and domestic oils. Atlantic Coast Line, Chesapeake and 0 Ohio, Wheeling and Lake Erie and Southcrn Railway were especially heavy. Motor accessories, secondary steels and coppers also lost ground. NNT italy demard 4.44%; cables 445. Beigium demand 7.52%; cables 7.53. Germany demand. .19%; cables .19%. Holland demand 48.80; cables 33.85. Norway demand 16.48, Sweden demand 25.82. Denmark demand 21.55. steady; electrolyticy spot and futures 13% @14. Tin steady; spot and nearby 31.37@ 31.50; futures 31.50. Iron steady; No. 1 northern 25@37; No. 2 northern $24@25; No. 2 south- ern $19@20. Lead steady; spot 5.75. Zine quiet; East St. wouls spot and nearby delivery 5.50@5.55. ‘Antimony spot 5.00@5.25. NEW SYNDICATE 15 GAGANIZED Superior Syndicate to Sink Test Well in Fremont County. The Superior Syndicate, with a cap- italization of $100,000 divided Into 1,000 units of a par value of $100.00 has} Pack. been organized by a group comprising some of Casper’s most successful men for the purpose of Yirilling out a new structure in Fremont county, known as the Sheldon dome. Members of the syndicate are: Pat- rick Sullivan, vice president of Cas- per National bank; Robert G. Taylor, president of Glenrock Oil company. Carl F. Shumaker, cashier of Wyo- ming National bank; G. R. Hagens, president of Marine Of company, and|U counsel for the Standard of Indiana; Harry Adams, vice president of Mosh- erSalt Creek syndicate; James G. Stanley, president of the Frantz corp- Call money gpened at 4% per cent. Buying of the, steel shares, especial- ly those embraceil in the recent combl nations, coincident with the publica- tion of the United States Steel monte ly tonnage figures which showed a larger increaso than generally ex- pected infused a better tone to the market after mid-day. Republic Steel advanced 3%, Midvale 1%. and Beth- Jehem, Crucible, Lackawanna, Gulf and Vanadium Steels 1 to 1%. Vigor- ons bidding the American Can lifted it 3 points and Central Leather common and preferred, American Beet Sugar, American Waterworks _ preferred, Louisville and Nashville and Pitts- burgh and West irginta were also absorbed at steadily rising prices. Silver. NEW YORK, July 10.—Foreign bar silver 70%c; Mexican dollars 54%4c, Foreign Exchange Irregular. NEW YORK, July 10.—Great Bri- tain demand 4.44; cables 4.44%; 60- day bills on, banks 4.42. The Chicago, Burlington & Quincy Railroad Will Employ For Its Shops and Roundhouse At Casper Men to Perform Duties as Follows: ho $13.75, with 48 out. Top natives $13.50; bulk $13.00@13.25; cull natives) killing pigs $9.25@10.15. Machinists... Adi. ~ eee Sheen, receipts 20,000; fat limbs gen- Boilermakers_____. BRE EN A 3 4} wi erally 25c to 50c lower; fonr cars Ida- Blackamiths Te iz Electric and Acetylene Welders. wo Nie 406 per hour asestsesereeeeeee-70C Per hour seweceeeseeeeseeee70C per hour oration and counsel for the Mutual Oil company; G. L. Ferguson, general field superintendent of the Glenrock Oil company; I. N. Clay, trustee of the Stanley Green Oil syndicate; Charles T. Lupton, geologist; and L. F. Me- Mahon, treasurer of Glen: sock Oil company, Mosher Ofl company and the Marine Oil company. Patrick Sullivan is president and L N. Clay, Carl F. Shumaker, G. R. Hagens, and) L. F. McMahon are trustees. —~ ‘The snydicate owns leases on 1.000° ecres of Indian land in the Sheldon structure, four miles south of the) Maverick Springs ‘field in Fremont county and a hole will be drilled to a: depth of 2,500 feet if necessary to reach the Frontier or Wall Creek formation, the depth of the sand esti- mated by Mr. Lupton. ‘This dome is also only fourteen| miles north of Pilot Butte field and if productive will necessitate the lay-| ing of a short pipeline to connect it) with the one now operating from the Pilot Butte to Riverton. ‘The land has been passed upon favorably by | Charies ‘'T. Lupton of Denver, who dis- .—70c per hour Metals, NEW YORK, July 10—Copper) mostly $7.00@7.50; sheep ande feed- ers steady. fat native ewes mostly 50@7.00. Breeders largely $6,50@ 8.50. : .——70c per hour ._—75¢ per hour +1——--—----68c per hour Pipefitters, Tinners, Plumbers, Coppersmiths... Coach Builders and ‘Finishers_____. Coach Painters__.... Electricians... Omaha. - Quotations. OMAHA, Neb. July 10—(United Car Repairers. States Bureau of Markets).—Hogs, ry Brass Molders. Electric Crane Overators —_....__....___. ceipts 11,500; mostly 10 to 15¢ lower; bulk heavy mixed and packing grades $8.75@9.50; bulk good hogs $9.50@ 10.30; top $10.40. Cattle receipts 8,000; best grades beef steers iully steady; others mostly 1€ to 18¢ lower. spots 25c lower; top beeves $10.20; yearlings $10.05; she stock steady to 15c lower; bulls about steady;-veals-firm-to 50c higher;-stock- ers and. feeders strong. Sheep receipts 9,500; lambs -mostly 25c lower; top native lambs $13.50. best western lambs $13.25; sheep strong;/wethers 8.00; ewes $6.50; feed- ers 25¢ higher; top native lambs $12.25. Roundhouse Service Denver Prices. DENVER, Colo., July 10.—Cattle— Receipts 1,700; market stropg to 15c higher; beef steers $7.25@$.25; cows and heifers $4.75@8.50; calves $8@11; bulls $2.50@4.50; stockers and feeders $5.25@6. Hogs—Receipts 986; market 10c to 15e higher; top $10.75; bulk $10.35@ p10.70. Sheep—Recsipts 7,500; market uh- the moral changed; ewes $5.25@6.25; spring lambs $12.75@13.25, fois eco NS “Meet me at the Smokehouse.” Glenrock 1%, Merritt 9, Mountain Pro- ducers 15%, Mutual 10%, Omar 2%, Salt Creek 16%. those necessary for Stationary Engineers and Firemen__...... Laborers—Coach Cleaners Ee eases es Apprentices and Helpers—27c first six months, 214c per each six months thereafter until apprenticeship is finished. Time after 8 hours to be paid for at rate and one-half. ete suas LO COMMENCE TODAY PSR ‘Apply to C. E. Melker at Casper The United States Railroad Labor Board, under authority of federal law, after full hearing to all parties at interest, has fixed present wages Certain employes have declined to accept their decision, the Board has directed the railroad to reorganize its forces” and has ordered that men who enter our service for mechanical crafts. Egss steady, receipts 19,445 cases; firsts 2113@22c. Ordinary firsts 20% | AMPS @21; miscellaneous 21@21%c;-storase) NEW YORK, July packed extras 23@23%c. storaged | srciated Press).—Pr: packed firsts at 2 p.m. today were listed on Poultry higher, fowls 24¢; York curb as follows: 18@38c; roosters Isc. Boston-Wyoming 87, Fensland 17%, 10.—(By ‘The As- es of Wyoming broilers | t STAB Fe." ‘SacusTawior@. 70c per hour 70c¢ per hour 63c per hour _..--—70¢ per hour Men “are within their-rights.in accepting such employment, that they are not strikebreakers seeking to impose the _arbitrary will of an employer on employes; that they have as well as the legal right in suchservice of the American public to. avoid interrup- tion of indispensable railway transportation, and that they are entitled to the protection of every department and*branch-of the-government,-state and:national.” Standard wages and-overtime conditions will be paid; hours to be maintenance of the service. ‘ Board and lodging, under an{ple protection, will be furnished. Young active men desiring to go-into railroad service will be given ; an opportunity for training in steady desirable employment. 38e per hour * ._5434¢ per hour _....37¢ per hour Denmark, 6s, seeeee Denmark, 8s, DuPont, Tis, 1945 ..--06 1931 Jap Gov., 4s, 1931 . - Jap Gov., 1st, 443, 1925 . Jap Gov., 2nd, 4%4s, 1925 Miss Pac., 6s, 1949 . +s N. Ohio Tr. & Ut., 6s, 1947 N. P. Gt. N. Jt, 6%s, 1935 N. ¥. Cen., 5s, 2013 Ry. 64s, 1956 .. 00 S. W. Bell Tel., 7s, 1925 .. 105% 105% Swiss Gov., 8s, 1940... 119 119% Swiss Gov. 102 ruguay, Vir. Ry., Whit. Gless., 6s, 194: 98% Pac. Tel. & 5: 92% Un. BL & G covered and opened the Cat Creek field in Montana for the Frantz corp- oration. Wallace Gordon, geologist for the Union Oil company of California; and the late Edwin Hall, former state geologist who discovered and opened the Pilot Butte field. The test, which will be started as rs BATES PARK T0 SEE OWL TEST THIS Yaa The Victor-Wyoming Weber Inter. ests, and Benedum and’ Trees are con- structing a camp at Bates Park in the Bates hole country and expect to drill there by the middle of the month. This field is said by geologists to be simijar to the Bolton field except that it is shallower. The late Dr. Leeper and associates drilled in the field four years ago, but were one and one-half miles off the crown, which at that time was included in a gov- ernment withdrawal. its Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. TYPEWRITER BARGAINS Underwoods, Remingtons, L. C. Smiths, Royals, Repairs and Supplies. Typewriters for Rent. “CASPER TYPEWRITER EXCHANGE 230 E. 2nd St. Phone 856 JEWELS OF Phone 1203 The prices on Diamond Tires are the low- est in the history of tire making and the manufacturers still retain their high qual- ity of material and workmanskip. Brodie Rubber Co. t. “YOUR ACCESSORY HOUSE” OPEN EVENINGS THE ROAD _Tribune Bldg. hour increase to engage ‘primary election to be held 2 E {Political Advertisement] Announcement CANDIDATE FOR SHERIFF I take this means to announce myself as a candi- date for the Republican nomination for Sheriff of Na- trona County. Subject to the will of the-voters at the August 22. % . W. “BUCK” ELDER. Building Materials ‘Weare equipped with the stock to supply’ your wants in high grade lumber and build- ers’ supplies. Rig timbers a specialty. . KEITH LUMBER CO. Phone 3 bn Be@ee “ig ay e {Hd Sis BIBe 412 B bievtl bl ossc@ ta” whem. ae aie