Casper Daily Tribune Newspaper, May 13, 1924, Page 7

TUESDAY, MAY 13, 1924, Finance Bonds Che Casper Dail Stocks Cribune Grain PAGE SEVEN. Livestock :: All Markets WOOLEN COMPANIES ARE BEING WARNED May Have to Import Wool for Manufacture If They Refuse to Buy Domestic Supply; More Activity in Trading. By J. OC. ROYLE. (Copyright, 1924, Casper Tribune.) NEW YORK, May 18—Wool growers in the west and some deal- ers in-other sections of the country are shouting warnings in the ears of the woolen manufacturing com: panies. So far these warnings Lave had Uttle The growers de- clare that the manufacturers watch carefully, they will be left in a position where they will not have enough raw staple to run their mills: at anywhere near quantity production unless they buy it at a higher price than exists at present. Bnglish manufacturers, they say, are already pouring woolen goods into this country and getting the American consumers business at a time when the New England manu- facturers are lamenting the light demand for both women's and men's goods. Unless American manufac- turers take steps to meet this com- petition successfully they may find themselves in a similar predicament to the New England cotton manu- facturers who declare the “dmp- ing” of English cottons on this mar- ket has forced wholesale curtail- ments, and threatens the successful Ufe of thelr industry. In support of these contentions, growers and traders in woo! point to the frantic demand which greeted the offering of a ship load of English woolen blankets by John Wanamaker and @ large store in Brooklyn. These blankets were snapped up like hot cakes although American manufac- turers have been complaining of the dul.ness of the mar«st One of the big carpet manufac- turers in Connecticut has cut wages 10 to 20 per cent that nearly all the large factors in the trade contemplate heavy adver- Using campaigns to stimulate con- sumer buying. However, the week opened with somewhat more activity in the buying of raw wool on the Western ranges. It ‘s known that the American Woolen company buy- ers are in the fieid and the lead set by this big company fs usually fol- lowed. The fact that the American woolen mills were suppliod with ample quantities of wool bought advantageously last year enabled that concern to operate near capa- elty much of the year and skim the cream of the goods trade, and that policy is not likely to be abandoned this year. Despite this, however, the big company is proceeding to auction @ quantity of worsteds this week. The chief interest in the west is centering around disposal of the Jericho pool consisting of 830,000 pounds in Utah wool. This collec- tion in a measure sets the pace for buying in other western sections. It is known that bids of above 41 cents a pound have been refused by the pool managers. Somewhat more than three million pounds of Texas wools have been disposed of so far this spring, ana Nevada and Mon- tana have shown some buying ac- tivity but the northwestern and California clips have hung fire since buyers and sellers are still far apart in their ideas. Mill men in the east say the present leve) of prices is all the woo! this year is worth: Growers counter by citing the fact that Bos- ton prices now are below all foreign markets and that for every pound American manufacturers buy at home they have to buy two abroad. | Commodity Steel. PITTSBURGH— Lower pig iron quotations are reflected in averages for thirty days compiled by. W. P. Snyder and company, leading pro- ducer in the Pittsburgh district. Average sales prices include $22.80 valley, for bessemer, a loss of 57% cents a ton. The basic average was $21.50 a loss of 50 cents a ton. Num- ber 2 foundry average was $22.87, ‘8 lows of 72.3 cents a ton. Fish. PORTLAND—indications point to @ somewhat oversold condition in the Columbia river canned salmon trade. Reports from leading packing interests indicate that early confir- mation from eastern an@ southern ‘buyers has been fully up to expecta- tions. SAN FRANCISCO—The Alaska salmon fleet is now on its way to northern waters, the Alaska. pack- ers association have acceded to de- mands of the fishermen's union for an increase of %4-cent a fish caught. The fishermen will receive 8% cents each for the fish they catch, irre- spective of size. Glass. GLASBORO, N. J.—Demand ts especially heavy for bottles and glass containers for drug specia!- ties and cosmetics while orders for soft drink battles also are of large volume, oll. SHREVEPORT—Two leases con- sisting of 584 acres of oll lands in the Red River parish field will be Trade News sold June 7, under an order of the federal court to lift the receivership on the Continental Asphalt and Petroleum company. Under terms of the order bi(s must come up to $450,000. Floor Covering. KANSAS CITY—The fal prices of rugs, which showed an increase of about 5 per cent when announced May 1, have been guaranteed to September 1. This has been done in spite of the decreases quoted in the recent New York fall openings. Vegetables. NEW ORLEANS—The movement ef spring vegetab'es such as pota- toes, cucumbers, beans, peas and lettuce is going forward in increased amounts and will reach full volume this week. Demand is good and prices satisfactory. Shoes. MANCHESTER N. H—Tho J. F. McElwain Shoe company of this place has received orders for one million pairs of shces which must be finished before January 1 next. The company will build an exten- rion to its plant to accommodate this production, Automobiles. CLEVELAND—The Bollins com- pany, Cleveland's newest maker of automobiles, shipped 1,100 cars in April. Peerless sold 650 and Stearns reported an increase in © business. Jordan, Chandler and Cleveland cars are reported selling in a reasonably satisfactory manner, while White teucks are being turned out at normal plant capacity. CLEANUP WEEK PLANNED HERE (Continued From Page One) @s the date for remonstrances. The council voted to extend the water system to the Butler Heights addi- tion before extending it to any other Part of the city. A. C. Riker presented a request that the city gravel East Twelfth atreet so that it might be used as a highway for the Casper, Country feterrea to club. ‘The petition was the proper committee. The county commissioners sub- mitted a protest against paving Bouth Conwell street, stating that since improvements were contem- plated for the county hospital the additionc] expense to the taxpayers would be prohibitive, The council postponed opening bids on Paving District 43 until May 26. One hundred fifty dollars was vot- ed to dofray expenses incurred dur- ing Music week here. The Chicago and Northwestern railroad handed in a protest against plans to pave Railroad avenue, The company would have to bear a great amount of the expense of paving this street since its tracks run parallel to it. The protest was filed last night. The counell decided to permit the sale of firecrackers on the Fourth of July and the three days previous. No cannon cracners are to be sola which are more than three inches long howeve: —_——o———— Flour, MINNEAPOLIS. Minn., May 13. bonne unchanged, Bran $18.50@ 20, Foreign Exchange NEW YORK, May 13.—Foreign exchanges firm; quotations in cents: Great Britain demand 4365; cables 436%; 60 day bills on banks 434%. France demand 5.65; cables 5.66, Italy demand 4.44; cables 4.4414. Belgium demand 4.80; cables 4.81. Germany, per trillion. 23; Holland 37.23; Norway 13.82; Sweden 26.56; Denmark 16.95; Switzerland 19.71; Spain 13.87; Greece 2.05; Poland -000012; Czecho Slovakia 2.93; Jugo Slavia 1.24; Austria .0014%; Ruma- nia .51; Argentine 32.93; Brazil 11.28; Tokio 40%; Montreal 98 7-32, _ LIBERTY BONDS NEW YORK, May 13.—Liberty bonds closed: 3%s, 99.28; first 4\s, 100.11; second 4%s, 100.6; third 4%, 100.23; fourth 4%s, 100.13; U. 8. government 4\s, 101.29. POTATOES CHICAGO, May 13,—Potatoos, trading fair, steady on old stock: receipts, 43 cars; total U. 8. ship- ment, 420; Wisconsin sacked round whites, $1.10@1.25; bulk, $1.15@1.30; Minnesota and North Dakota sacked round whites, $1.05@1.20. New stock: Market easier; Florida barrel | Spalding Rose, $8.00@8.50; s sacked Bliss Triumphs, $4,755.00 COTTON NEW YORK, May 13.—Cotton, spot, steady; middling, 31.56. NEWS AND QUOTATIONS BY LEASED New York Stocks. Last Salo 4 Allied Chemical & Dye —.-.. American Can -.. American Car & Foundry ..157%B American International Corp 22% American Locomotive ...-.. 71 Smelting & Retg.- 61% Sugar -... and T. Tobacco -.-.------ Woolen ..——-.-- Copper ~.-..------ American American American American American Anaconda Atchison ~~.-...-..,...------ Atl, Gulf and West Indies .. Baldwin Locomotive -.....— Baltimore and Ohio ----..--- Bethlehem Steel -..-.---..-- California Petroleum -.--...- Canadian Pacific ... Central Leather -. = Cerro de Pasco Copper -..... Chandler Motors -~--------..- Chesapeake and Ohio ---... Chicago and ‘Northwestern -. Chicago, Mil., & St. Paul pfd 25% Chicago, R. I. % Pac. -.---. 28% Chile Copper Chino Copper. --.... Consolidate® Gas General Motors -... Great Northern pfd. Gulf States Steel .. Illinois Central -..-..-.-.--- Inspiration Copper International Harvester Int. Mer. Marine pfd. .—.. International Paper .... Invincible Oil Loulsvi'le and Nashville -. Mack Truck Marland Ol -. Maxwell Motors Middle States Of Missouri, Kan. % Tex new.. Missouri Pacific pfd. New York Central -. 100% Y., N. EL, and Hartford. 10% Norfolk and Western 121 orthern Pacific 51% Pacific Ol --.---. 46% Pan American Petroleum B mi 46% Pennsylvania -.--..-.------- 43% People’s Gas -....---.------- 94% Producers and Refiners -.... 24% Pure Oi? 21% Reading ~~.~- bau Republic Iron ‘and Bteel Sears Roebuck S'nclair Con Oil --.---....— Southern Pacific -. 88% Southern Railway 53% Standard Ol) of N. J. ---.... 33% Studebaker Corporation new 82 ‘Texas Co. ‘Texas and Pacific Tobaces Products A .. Tranrcontinental Of] ----_.. 3% Union Pacific ~----.-------- 131% U. 8. Ind. Alcohol ....-----. 64% United States Rubber -.... 27% United States Steol -...-.. 96% Utah Copper -~.-.---------. 67% Westinghouse Electric ...... 55% Willys Overland -..... 8 American Zinc, Lead and 8m 73 Butte and Superior -...... Colorado Fuel and Iron --. Montana Power National Lead Shattuck Arizona ~-....... Continental = ~ Cumberland Galena TVinols Indiana ~~------------- 90 2 Nat. Trans. --.----- .22 22% N. Y¥. Tran cns-cccowee 77 xe) Nor, Pipe -necneewwne=s 97% 96 Ohio Ol) ~----s------— 62% 64 Prairie Ot Prairie Pipe So'ar Ref. CRUDE . MARKET Cat Creek --~------esmeewe~--- $1.95 Lance Creek Osage ------~----------------- Grass Creek light ~--.-...--.. 1.90 Grass Creek, heavy --...... 90 OreFoull, aie eee 108 Torchliight -....-.. = 1.95 Mk Bas eoewnn= 1.95 Rock Creek .----<e<= ecewnene 1.70 Salt Cre@K ~---nenceennceecene Big Muddy -... Mule Creek Sunburst Hamilton Dome .. Ferris Byron Notches LAND HEAD RESIGNS DENVER, Colo,, May 18—M, D. McEpiry, for the last 17 years, chief of the field department of the Den. ver general land office of the United States announced he had re- signed from the service to enter pr vate business. Mr, McEntry did not state nature of the business. His resignation, as transmitted to Washington, asks that he be relieved from his duties by June 1. . , The bird which probably has the greatest power of flight is the fri- gate bird. Such a bird has been known to follow a ship for a week without stopping to rest. OIL SECURITIES Capitol Pete. -.----—- Consolidated Royalty. Fargo ---------------- Frants —..--.------- 5, Gates --------------- Supiter Ws bua Kinney Lance Creek Royalty- Marine eto i Samiti.) 3.25 Mike Henry -.------- .00% .01 Mountain & Gulf ---- 1.52 1.55 New York Ol --------11,75 12.00 A. aes Ea . Royalty and Producers .06 .07 Western Exploration - Western States KANE o2--cneccene -NEW YORK CURB Mountain Producers Glenrock Oil 4... Salt Creek Prds. 8. O, Indiana .....-- 87, (eatin Fat LIVESTOCK Chicago Prices. CHICAGO, May 13.—(U. 8. De- partment of Agriculture.}—Hogs— Receipts, 22,000; strong to 5c higher; quality considered; Mght supply of hogs; big packers inactive; bulk good and choice 250 to 325 pound butchers, $7.25@7.35; one load topped at $7.40; bulk desirable 160 to 225 pound weight, $7.15@7.80; bulk bet- ter 140 to 150 pound averages, $6.75 @7.10; bulk packing sows, $6.65@ 6.80; killing pigs, unchanged; bulk good and choice strong weight, $6.00 @6.25; heavyweight hogs, $7.20@ 7-40; medium, $7.15@7.85; light, $6.95 @7.35; light light, $5.90@7.25; pack- ng sows, smooth, $6.70@6.90; pack- ing sows, rough, $6.50@6.70; slaugh- er pigs, $5.00@6.36, yearlings and better grades fat she stock, uneven, strong to 15c¢ high spots up more; killing quality plain; relatively few choice fed steers or yearlings here; few fat steers of valve to sell above $10.5: 11.00 bid on weighty steers; bulk fed steers end yearlings, $8.00@10.00; beef heifers and good to choice fat cows in broad demand; some beef heifers selling at $8.75@9.00; looks 25c higher than Monday's low time; bulls. .strong to 15¢ up; best heavy bologna bulls, $5.00@5.15; vealers, strong to 25c higher; bulk packers 39.25@9.75; few $10.00; outs'ders, up- ward to $11.00; stockers and feeders, firm; bulk, $6.75@8.50. Sheep—Roceipts, 12,000; slow; few early sales fat clipped lambs, around steady; few odd lots spring .ambs, steady; fat sheep, ree, weak; good clipped lambs $1 @14.80; spring lambs, $17.00@17.50; few odd lots fat ewes, $8.00@8.35. OMAHA, Neb. May 13.—( U. 5. Department of Agriculture)}— Hogs 11,000; better grades of hogs fully steady; bulk 210 to 300 pound butchers $6.85@6.95; top $7; desir- able 160 to 210 pound weights $6.60 @6.85; plainer kinds and light Uights $9@6.50; packing graCes weak to 10c lower; bulk of sows $6.25@6.35; smooth grades up to $0.45; average cost Monday $6.83; weight 248. Cattle receipts 8,500; beef steers and yerlings active 10@15c higher: killing quality tmproved; bulk steers and yearlings active 10@1i5c higher; of weighty steers $10.75@11.10; one load $11.50; she stock fairly active: strong to 10¢ higher; fat heifers up most; other killing classes and stock- ers and feeders steady; butcher cowr and heifers $5@8.25; cannors and cutters $2.35@4; vealers to packers $9.50@10:; outsiders paying upwards to $10.50; bo'ogna bulls $4@5.40; bu'k stockers and feeders $6.75@8; top feeders $9. Sheep—Recetpts 6,500; fat lambs slow biCding steady; early rales medium to good clipped lambs $14.50; $14.90 bid on light lambs; no early sales wooled lambs $17 bid; sheep 25c higher; clipped ewes $7@ 7.25; small lots $7.50, Denver Prices. DENVER, Colo., May 13.—{U. 8. Department of Agriculture.)}—Hogs —Receipts, 6,500; opening sales steady; top, $7.05 paid for choice 226 pound average; one load $7.00; other desirable 190 to 240 pound weights, $6.75 to $6.95; odd lots, 125 to 150 pound averages, $5.75 to $6.00; packing sows, steady, at $5.75, Cattle—Receipts, 3,800; two thirds of run southerners on through bill- ing; beef steers and she stock, dull; few sales steady to weak; other classes, steady; good heifers, $7.50 to $7.90; good cows, $6.75; few steers, $8.00; good heavy kind, $9.50; top late Monday, $10.15; choice vealers, $10.00; few $11.50. Sheep— Receipts, 3,500; active; quality plainer; fat lambs, generally steady; top, $16.50 paid for 89 pound averages; few $16.00 to $16.25; clipped lambs, scarce: few ght clipped ewes unsold early. a Fiax. DULUTH, Minn-, May 13.—Close: Flax—May, 2.49; July, 2.40; Septem- ber, 2.18%. SILVER NEW YORK, May 13.—Bar silver, 65%4; Mexican dollars, 49%. STOCK TRADING QUIET TODAY Prices of Industrial and Railroad Shares Are Maintained NEW YORK, May 18.—Standaré industrial and railroad shares held relatively firm in today’s quiet market. Bear traders succeeded in uncovering a few weak spots. par- ticularly in the motor accessory, textile, rubber and sugar issuen, sel!- ing of which has been inspired by unfavorable trade reports. Sales ap- praximated 675,000 shares, NEW YORK, May 18—Mixed price movement marked the opening of today’s stock market, with leading shares making fractional recovery from yesterday's decline. Further recessions, however, took place in Several low priced ofl issues and some of the specialties. Early hesitation was replaced by an upward swing, wihch was given impetus by a resumption of buying of the high grade rails, particularly Atchison. Short covering was in- strumental In pushing up American Can, Balwin and other conspicuously weak features in yesterday's trad- Ing. Numerous specialties also worked higher with a broaden'ng In- quiry for New York Dock, Davison Chemical, U. 8. Cast Iron Pipe and Stomberg. Early transactions in U. S. Steel were at 95%; representing 4 fractional gain, but independent Steels, including Republic and Beth- lehem, were substantially higher? Oll shares varied at the outset, with Texas company shading fractionally. Kelly Springfield 8 per cent prefer- red declined 14% to a new low level at 41%. Foreign exchanges opened steady, Reconsideration of the French election upset, with indications that no serious change in policy would result, influenced trading favorably. Wal! Street also was éncouraged by statements from leaders in the auto- mobile industry that the trend of prices through the summer probably would be upward, although motor shares made no immediate re- sponse. Stewart Warner, however, rebounded briskly following denial by the compan: President of re- ports of curtai‘ed production and contemplated omission of dividends. Further recovery of steel and oll shares was traced to short covering, ;| while numerous specialties extended their ear'y gains. Rubber stocks however were subjected to se'line nressure on the announcement of tire price cpts by Firestone. Cal! money opened at 3% per cent. The early afternoon dealings con- Aisted of a variety of special move- ments either way which bewildered the tra(ing element before the move- ment became uniformly downward. Coppers, sugars and American Wool- en were depressed while the local tractions, tobacoos, Famous Players and Woolworth moved up sharply. Cuts in raw sugar quotaticns, which broke south Porto Rican sugar four points, finally determined the down- ward swing. The closing was frrogular. Trad- ing continued in rather derultory fashion tn the later dealings despite the marking up of United States Steel; common to 96%, a break of nearly 3 points in Congoleum and establishment of a new 1924 low by Crucible Steel at 48%. nswuitnent se fe METALS NEW YORK, May 13.—Copper, electrolytic, spot and futures, 13%. Tin, easy; spot, 46.50; futures, 45.00. Iron, steady; prices unchanged. Lead, steady; spot, 7.37@7.50. Zine, steady; East St. Louis spot and futures, 5.85@5.90. Antimony, spot, 8.37. SUGAR NEW YORK, May 18.—The sugar exchange here will be closed Sat- urday, May 31, and every Saturday during June, July and August. NEW YORK, May 13.—The re- fined sugar market was unchanged, prices ranging from $7.30 to $7.50 for fine granulated. Refined futures nominal. futures closed weak; ap- Valuable Mine Equipment Goes On Exhibition CINCINNATI, May 13.—Equip- ment valued at more than half a million dollars, and designed to save life, labor and material in the mining industry, was placed on display at the National Exposition of coal mins ing machinery and equipment, open- ed hero last night, under the aus- pices of the American Mining con- gress. Technical phases of mining are to be discussed. The program has been prepared s0 it will not conflict with the an- nual meeting of the National Coal association, which opens tomorrow. Among the speakers who will ad- dress tho two organizations are Samuel R. Crowell, president of the National Retail Coal Merchants’ as- sociation; John Lee Mahin, presi- dent of the Federal Advertising agency; Melville B. Stone, counsel- lor for the Associated Press, and George H. Cushing, editor Cush- ing’s Survey. GRAIN PRIGES CLOGE HIGHER Fractional Advance Record- ed In Trading On Chi- cago Exchange CHICAGO, May 13.—Despite a waving start, moderate upturns in price soon took place in the wheat market today, The advance was chiefly due to scattered buying based on opinions that something of @ reaction was to be looked for after two days’ decline. Besides selling was checked by liberal shipments from Chicago, by decrease tn Cana- dian stocks and by uncertainty about farm legislation at Washing- ton. Opening figures, which ranged from %%c off to %c up, with May $1,04% and July $1.05 to $1.05%, were followed by a slight sag and then by gains all around. Subsequently, announcement that tho loss of wheat acreage in Illinois is the heavie&t-in years, had a bul- lish effect and so too, did wintry weather in Canada, as well as en- larged estimates of European tm- port requirements. The close was firm, %ec to \c net higher, May at $1.04% to $1,04% and July $1.06% Be to $1.08%. Corn and oats sympathized with the wheat advance. After opening at %e lower to %c gain, July 73% to 73%, the corn market scored slight general gains. Frost reports were a strengthen- ing influence later, notwithstanding slown of cash demand, The close }was firm %c to lc net higher, Ju'y Ke to TFHKXM%C. Oats started at %c decline to a shade advance, July 43% to 43%c. All months showed a little upturn later, Provisions were firm in response to the course of hog values. 10.45 Sept. .... 10.67 Cash Grains and Provisions. CHICAGO, May 13.—Wheat—No. 1 hard, $1.09%4@1.10%; No. 2 hard, $1.06% @1.12%. Corn—No. 2 mixed, 76% @76%c; No, 2 yellow, 77%4c. Oats—No. 2 white, No. 3 white. 47% @48c. Rye—No. 1, 66c. Barley—t8c. Timothy seed—$5.00@7.50. Clover seed—$10.50@18,50. Lard—$10.50, Ribs—$10.12. Bellies—$10 25. GLOBE FLYERS PREPARING FOR BOO-MILE JUMP Weather Conditions at Attu Island Are Improving. 48% @49% 0; CORDOVA, Alaska, May 13.—(By The Associated Press.}—With calm weather forecast for today at Attu Island, where three United States army cruisers have been since Thursday after flying from Atka Island, it was expected that the aviators today would hasten prepa: rations for the next Jump tomorrow of thelr world-encircling filght, a 878-mile trip to Paramashiru Island in the Kurile group, Japan. Gales prevented the men from in. specting, repairing and overhauling the machines at Attu up to this time, Everything will be made as nearly perfect as possible for the longest hop of the 27,000 miles trip, Meanwhile Major Martin, com: mander of the expedition and his mechanio, Staff Sergeant Alva L. Harvey, who crashed into a moun: tain 100 miles northwest of Chignik, April 30, and who reached Port Moller on the Bering seacoast May 3, were to leave today aboard either the United States coast guard cut- ter Algonquin or the Pacific-Amer!- can fisheries vessel Catherine D., enroute to Seattle and Washington, D. C. From the latter place the men are expected to proceed for India where Major Martin wil! again assume command of the squadron, ON BOARD COAST GUARD CUT. TER HAIDA, ATTU, Alaska, May 12.—(By Wireless to The Associated Press.) —The Haida arrived at Attu May 11, The aviators quar- tered on board the Hider were put ashore. The quarters are smaller than those used’at Atka and even | more primitive. The planes’ tanks| were filled today for the long hop to the Kuriles, A party in charge of Radioman Lane has set up a shore station, made aboard ship, and opening up communication. —_—— Call the Tribune for highway in formation, FOREIGN, Czechoslovak Rep., 8c Ctfs. -.-. Dominion of Canada, 5s, 1952 French Republic, 7148 -. Japanese is - Kingdom of Norway, 68 ~ Rep. of Chile, 8, 1946 ~ State o: Queensland, U. K of G, B. & L, 5%8, Railway and Miscellaneous American Smelting 3 --.-. American Sugar, 6s -. American Tel, Col., tr. 5 -. Anaconda Copper 7s, 1938 -..... Anaconca Copper 68, 1955 -------~---------. At. T. and San Fe., gen. tr weer nen ane eee ---+ +--+ += Baltimore and Ohio, cv., Lehlehem Steei con., 6 Canadian Pac'fic deb., Chicago. Burlington and Quincy ret Chicago, Milwaukee and St. Paul cv., Chila Copper 65 ~---..---. Goodyear Tire 8s, 1941 Great Northern, 76 A ~..-----. Montana Power, 5s A... Northern Pacific ret., 6s B Northwestern Bell Tel, Pacific Gas and Electric 58 ... Penn. R. ft. Sinclair Con. OIL, col. Southern Pacific cv., Union Pacific first. 4s VW. 8. Rubber 5s Utah Power and Lights Ss Wostern Union ¢ Westinghoure Wilson and Co., gen., os cv, 68 .. J, H. HENDRIGK OF CASPER DEAD COLORADO SPRINGS, Colo., May 13.—John H, Hendrick, Casper, Wyo., attorney, died here yesterday after- noon following a major operation. Funeral arrangements are being held} up pending word from relatives in the east. Mr. Hendrick, who was approxt- mately 40 years of age, had been in practice in Casper for the last three years with offices in the O. 8. build- ing. Previous to coming to Casper he was in Evanston, Wyo., for sev- eral years. Mr. Hendrick received his law degree at Cumberland university, Cumberland, Tenn. He was unmarried and the only near relative known to survive him is a gy joan cnn ha OO In ntuck, POINCARE AND CABINET WILL RESIGN JUNE 4 Briand Is Expected to Succeed Leader in Premier’s Post. PARIS, May 13, —(By The Asso: clated Press)—Premler Poincare and his recently reorganized ministry will step from power June 4, The premier in’ preted the ma- jority given to the parties of the left in Sunday’s parliamentary elec- tions as a repudiation of his govern: ment and forthwith decided to re- sign. His decision was ratified at the council! of ministers held today In the Palace of the E'ysee under the chairmanship of President Mil- lerand. The new chamber of deputies will meet on June 2. elect its presidents officials and secretaries and then adjourn until the fourth when the new president will deliver the open ing adcr The first official busi © transacted wil! be when M.| Poincare reads his declaration of resignation, June 4 was the earliest constitu. tonal date the government could ¢ chosen to resign. The cabinet deliberated an hour and m quarter on the question whether it would be possitb'e to re: sign ‘mmediately. It was finally cided it would not be according te precedent to open a ministertal crisis before the new chamber had amsembled and before the various groupe had organized and positions had been taken with reference to a governmental commission. ‘The ministers all agreed, however, that they could in the meantime only undertake to care for current bust- ness in thelr departments, leaving all problems involving questions of policy for their successors. Today's action of the cabinet Is regarded as making the meeting which was to occur mier Poincare and \Macdon May 19 imposstble. The lea the majority which will make up the eventual government bloc in the chamber are understood all to fa- vor the application of the Dawes | reparation plan. As there ts more than the mere detatls of the execu- between Pre- id tion of this plan to be discusses. be- tween the French and British pre miers’ Premier Poincare cons!dered there was no longer the necessary authority fn his hands to conduct the negotiations Discussion in radical and socialist circles as to the formation of the w government indicates that th aders of th alition bloc of the teft will tnaist upon the socialists recelving thelr full sh of the honors, A‘ready a strong movement {s on foot in favor of socialist as president of the chamber. This project if pursued up to the opening of the chamber’s neasions, seems likely to bring on the first clash between the new majority and opposition. In view of the small mar. gin the radicals and radical social- ists muster without the help of the more moderate elements some doubt is entertained as to whether a 80- clalist can be elected to this post, ever if the radicals were willing to support him. Former Premier Briand remains the most talked of probability: for the premiership. Deputy Herriot a!- so is mentioned. The official result is: republicans of 1i7: republicans of the left 52; democrats of the left radicals and rocialists ; republican socialists 35; soctal- communists 29. Total 669. 139; ists 102: In addition there remain ten seats from the colonies four for which a second ballot {9 necessary, and one seat yet in doubt, making up the total of 584. MERCHANTS T PLAY BASEBAL The Merchants’ baseball team ~ being organized in Casper again th year and practices on a diamond 1 the Community addition on the site of the old fair grounds. J. A. Lujan is managing the team. Mr. Lujan states that players are needed and that any persons desiring to get into the game should come out to the diamond in the evenings. The team has a game scheduled with Douglas, May 26, at Douglas. The Merchants’ team is unaffil!- ated. Last year {t made a splendid showing and played several games with other teams from out of town. It hopes to be as active this season. jacertadlaem nee Sida drat Casper Lads Head Frat at Laramie Six of the ten students of the University of Wyoming last week elected to office in the Wyoming chapter of the Sigma Alpha Epsilon fraternity are Casperites, according to word received today from Laramie. J F. (Dutch) Dunn is the new president; president; steward; steward; spondent, cbronicler, BODY OF WRECK VICTIM FOUND (Continued From Page One) dragged the body ta the bank, fol- lowing which the coroner was called. The remains were in a bad state of decomposition. The body of Neill {s the twenty- third to be recovered from the wreck, George Vandeveer. vice Clair (“Okie”) Blanchard, Paul O'Bryan, assistant Byron Hule, J corre- and Harry Mills Astin, a coineldence being contained in. the fact that the twenty-second body was recovered a month ago today on the thirteenth of the month. Ne!ll was enroute to Douglas at the time of the, disaster and ts be- Heved to have been in the smoking ear of the train, from which only one person escaped. Nel!l ts survived by a wife and two children poets be SI Butter and Eggs CHICAGO, May 13. — Butter, higher; creamery extras; 37%@ 37%0; standards, 38c; extra firsts, 86% @a7e; frate, 34%4@95%c; mec onds, 30@33%e. ze8, unchanged; receipts, 56,685 MONEY ' NEW YORK, May 13.—Call money, steady; high, 3%; low, 3%; ruling rate, 3%; closing bid, 81g; offered at 3%; last loan 8%; call loans against acceptances, 3%; time loans, easy; mixed collateral, 6090 days, 4; 4-4 months, 4%; prime eom- mercial paper, 4%.