Casper Daily Tribune Newspaper, May 28, 1924, Page 11

WEDNESDAY, MAY 28, 1924. Oil :: Finance FOUR COMPLETIONS MADE BY MIDWEST New Production of 1,700 Barrels Daily Added To Salt Creck Field by Drilling in of Wells on Several Locations. Four Salt Cresk completions on leases held and operated by com- panies allied with it, are reported by the Midwest Refining company. Total daily production from these four new. wells is 1,700 barrels. Two of the four are to he shot to in- erease output. The ««mpletions are: Midwest Oil com ji.iy—14-A, NW% Of section 1-39-79, 1,804 feet, 52 3 will Midwest Oll company—13-A, NWY% of section 2-39-79,.1,650 feet, 1,439 barrels. Wyoming Associated—19-A, NEY of section 2-39-79, 1,686 feet, 131 barrels. Utah Ofl Refining company—11-A, NW of section 30-40-78, 2,210 feet, 25 barrels; will be shot. At Neiber Dome the Midwest's well is drilling 825 feet. Investment . Everyman’s - BY GEORGE T. HUGHES (Copyright 1924, by Consolidated Press Association.) One of the most encouraging de- velopments of the times in the in- vestment business is the spread of the customer ownership idea, So far this new plan has been confined to the public utilities, principally the electric light and power and gas companies. It used to be the cus- tom when a public utility needed new capital, and they are contin- ually in need of capital, for the of- ficers to go to the bankers and sell securities, stock if possible and bonds if necessary. This financing however, was done in the great cen- ters such as Wall Street where new capital is to be had. The people who bought the service the public utility had to sell had nothing to do with financing. The hew idea is to go direct to the utility's custo- mers when new money js needed. Of course it cannot all be raised this way or even the larger part. But enough can be done as has etn abundantly proved to give the ‘customers of the utility a direct and personal interest in its welfare. For the most part the securitiés sold “have been in the form of preferred stock and generally the salesmen have been the employees of the company. From the corporation's standpoint the plan has proved a success not only in developing a new source of capital but in cult!- vating a spirit of good will in tho community which has a very real if intangible value. From the stand- point of the customer owner the plan has proved beneficial in that he has been able to obtain a sound security with reasonable return and one with the progress of which he js able to keep in close touch. The amount of money which can be raised in this way is far beyond the estimetes made by those who first suggested the plan. It has also resulted in keeping for the community the capital which might otherwise have ‘been dissipated in buying fraudulent promotion stocks. It has met the criticism that op- portunities for the safe investment of small sums have been lacking because it was too expensive for investment bankers to cater to the investor who had only one hundred dollars spare capital. The public utliity can well afford this expense in return for the cooperation they secure from their customers. Trade News Live Stock. TOPEKA.—Several grazing sec- tions of Kansas, which have been dry are getting rains. Because there have been no wet spells, the grass carries good fattening qualities for eattle. EL PASO—More favorable regu- lations have been put into effect with regard to the importation of American livestock into Mexico as ‘fa result of a conference between the Mexican authorities and the Texas livestock sanitary commission. Electrical Equipment. ST. PAUL.—The first of four gen- erators for the new Fort plant will be completed June 1. Power pro- duced will be used by the North- western Power company to supply patrons in the Twin Cities until the Ford factory is in operation. Fruit. SAN BERNARDINO.—The_ ex- pected curtailment of the lemon crop because of the early season drought will not materialize. The crop is expected to be fully up to normal. Late rains also have bene- fitted the orange crop, the Valencia yield just coming in belng of good size and quality. Steel. PITTSBURGH.—Buyers of steel who. accumulated some stocks early in the year are liquidating, while 011 LISTED AS MEMBERS (Continued from Page One.) he said. ‘As I have watched Cas- per grow I know that the people have grown with it. All we need is euch day to do the best we can and. remember that we aro making history. A chamber of commerce stands for the right things for a town, I am proud to be a mem- ber of such an organization.” R. §. Ellison, vice president of the Midwest Refining company, spoke highly of the team workers. Mr. Ellison has had much to do With the success of the drive here and has been an ardent booster, Fle also touched upon the booster trip which will be taken through eastern Wyoming and into Nebras- ka June 2 and emphasized the need of selling the Casper-Alcova irrigation project to the towns en- route. Earl G. Burwell, W. F. Wilkerson and H. C. Chappell told the mem- pers: of the chamber something of what was going to happen on the booster trip and urged that all who could possibly do so should at- tend. METALS NEW YORK, May 28—Copper, steady; electrolytic, spot and fu tures, 24% @12%c Tin, firm; spot, $41.75; futures, $41.60. Iron, steady; prices unchanged. Lead, steady; spot, $7.00, Zine, firm: spot, $5.82@5.85; fu tures, $5.85475.90 spot, 48-60, 118.90. consumption has decreased, tho consequence béing a long drawn out period before an actual revival. Close observers however, predict a renewal of interest in the market some time before fall. Lumber. SEATTLE.—The cut in wages in the lumber industry which went into effect today in the Pacific northwest of & per cént, with a minimum of $3.45 a day, has been accepted by. most camps, but many lumbermen are out of employment, as mills are curtailing sharply. Textiles. FALL RIVER, Mass.—The weav- ers at the Flint mills here have struck in opposition to a demand that each weaver operate 8 looms instead of 6 as has been the cus- tom. oil. WINFIELD, Kan.—With a total production of 4 barrels, actual test in the first 24 hours after be- ing drilled in, the Wertman well in the Widows field, nine miles south- west of here, has become the larg- est producer in Kansas. HOUSTON.—The average daily production of Gulf Coast crude the last week was 69,460, a gain of .65 The south Texas yield gained 2,760 barrels to 41,140 daily, Thirteen. new producers were brought in. The Natrona County High School quartet sang two songs and Miss Helen Stone gave two violin solos. She was accompanied by Miss Helen McConnell, R. E. Dorius, baritone, and a visitor from Salt Lake City, rang two songs by re- quest. Following the tabulated report of the membership drive: Team Members Cash Points Office 264 $3,623.50 Doud 59 625 336 Smith a6 264 Gay 38 456.50 233 Cather 87 1,379.25 645 Nelson 129 1,624.75 776 Becklinger 57 1,225.76 © 429 Cullen 61 619.50 307 Nesbitt « 58 435.00 324 Burwell 49 481.75 278 Wilkerson 61 ‘787.50 aia Foley . 122 2,762.50 969 Totals 1,011 $14,527.25 NEW YORK, May bonds closed: 3%, 99.20; Ind 4's, 100.8; Int 4%" 2nd 4%'s, 100.10; Sra 4%" 4th 4%'s, 100.25; USG 4%'s, MONEY NEW YORK, May 28.—Call money, easier; high, 3%;"low, 3; rul. Ing rate, 3%; closing bid, 3; offer- ed at 3%; last loan, all loans against acceptances, 3, Time Joans, steady; mixed collateral, 60-90 days, 4; 46 months, 44%. Prime com. mercial paper, 44 @4%4. Flour. MINNEAPOLIS, Minn., —Flour. unchanged; bran, 28.—Liberty ~ Allied Chemical & Dye ----.. 70% American Can -~-----.----- 102% American Car & Foundry--_ 158B American International -.-.. 20% American Locomotive ---.-- 71% American Smetlings& Ref'g 2 American Sugar ------------ 42% American Tel. & Tel. -. American Tobacco . -.-.... American Woolen --.. Amer. Zinc, Lead & Smelt Chicago & Northwestern ~. Chicago, Mil. & St. Paul pfd Chicago, R. I. & Pac. ----_. Chile Copper Cceo Cola Colorado Fuel & Iron --.. Congoleum — on Consolidated Gas Corn Products, new Cosden Oil Crucible Steel ~-... Cuba Cane Sugar, pfd Du Pont de Nemours Beles tose aie Famous-Players Lasky General Asphalt General Electric -. General Motors ~ Great Northern, pfd Gulf States Stee} - Houston Oil Illinois Central International Harvester - -.. 84% Int. Mer. Marine pfd 32) Int. Tel. & Tel. -- 68 Invincible Ol” 12% Kelly-Springfiela Tire .. 13% Kennecott Copper --------.. 38% Louisville & Nashville 92% Mack Truck — 80% Marland Oil - 3076 Maxwell Motors 413 Middle States Oil —_ 3 Missoulr, Kan. & Tex. 10% Missouri Pacific, pfd 40% few Orleans, Tex. & Mex. Norfolk & Western Northern , Pacific Pacific Oil manne. Pan American Petroleum B. Pennsylvania - --_.. Producers & Refiners Pure Oil .... Reading — - — Republic Iron & Steel -. Reynolds Tobacco B /. Seaboard Air Line -. Sears Roebuck -. Sinclair /Con. -. — Sloss-Sheffield Steel & I: Southern Pacific ~~. Southern Railway .. Southern Railway pfd. —. )Standard Oil of Cal. Standard O11 of N. J. Studebaker Corporation ‘Tevas Co. — Texas & Pacific ~. Tebacco Products Transcontinental Oi} Union Pacific United: Drug U. 8. Cagt Iron Pipe U. 8, Ind. Alcohol ~-.-..... United State Rubber United States Steel -. Utah Copper --. = 67% Westinghouse Electric 56% Willys-Overland ~ i% Woolworth . ... 8443 Standard Oil Stocks Anglo - -. Buckeye ~- Continenta} Cumberland Ohio Ol --. Prairie Oil Prairie Pipe Solar Ref. Sou. Pipe 8. 0, Kan. 8. O. Ky. 5. 0, Neb, 8. ON, 8, 0. Vacuum — 8. O. Ind - CRUDE MARKET Cat Creek --~~-----ws000----=-$1.95 Iance Creek Osage ---.----------- Grass Creek light Grass Creek, heavy: -. Greybull Toreblight Mk Bas Rock Creek ,-....--- Salt Creek -.-..--..----.----- Blg Muddy ~---.----.... Mule Creek -.... Sunburst ........ Hamilton Dome -. Ferris COTTON NEW Spot, quie YORK, May 28,--Cotton— middling, $32.55. Andy Gump, being a keen, wide awake man, is going to make a strong bid for some of that $100 in gold the Aero people are going to give away when they open that new filling station at Second and Durbin. Old 348 will be right there, : he Casper Daily Cribune Stocks NEWS AND QUOTATIONS BY LEASED | OIL SECURITIES By Wilson Cranmer & Oo. Bessemer . - 26 28 Big Indian -. — 05 06 Boston Wyoming -~--- .85 80 Buck Creek --~-------- .18 5 Burke - -----~~------— .25 2 Black Stone Salt Creek .28 30 Chappell > 1d 2 Columbine ~~~. 10 lL Central --.. 2.00 Central Pipe - K 2.10 Consolidated Royalty --1.28 1.30 Cow Gulch --. 03 05 Domino a 08 10 Elkhorn 40 42 EB. T. Willlams ---.-- 40% «41% Fargo - emennnne 106 03 Frantz . ---.----------5.00 6.00 Gates ~ --—~--------- 09% 10% Jupiter — ------------- 00% = .01 Kinney Coastal ------- .09% .10% Lance Creek Royalty - .01 01% Marine — Mountain & Gulf New York Oil Red Bank --~--~.-. Royalty & Producers -. Sunset — a 205 ‘Tom Bell Royalty 04 Western Exploration 3.80 Western States - -. 1648 Wyo-Kans ---------- .90 1.00 ¥ On 02.06 NEW YORK CURB CLOSING Mountain “Producers 18.87 19.00 Glenrock Oil = 80 40 Salt Creek Prds 25.00 25.25 Salt Creek Cons, - 8.75 9.00 New York Oil -. 10.00 11.00 25.50 25.75 28.00 28.25 56.63" 56.38 LIVESTOCK Chicago Prices CHICAGO, May 28.—(U. 8. Dept. of Agriculture}—Hogs — Receipts 26,000; good demand for weighty butchers at be lower prices; other slow, five to ten cents off; outlet narrow; bulk good and choice 250 to 350 pound butchers $7.30@$7.4 top $7.40; bulk better 180 to 250 pound weight $7.00@$7.25; desirable 140 to 160 pound averages largely $6.40@$6.90; bulk packing sows $6.50@$6.65; killing pigs dull; 15 to 25e lower; bulk good and choice strong weight $5.75@$6.01 heavy- weight hogs $7,25@$7.40; mediurn $7.15 @$7.35; ight $6.65@$7.30; light lights $5.75@$7.00; packing sows smooth $6.55@$6.70; packing sows rough $6.40@$6.55; slaughter pigs $5.00@$6.10. Cattle—Receipts 12,000; better grades weighty fed steers fairly ac- tve, fully stead: supply heavy; others and yearlings comperatively numerous, very slow; top matured steers $11.50; average weight 1,580 pounds several loads$11.00@$11.35; bulk fed steers $8.25@$10.00; catch as catch trade on fat cows and hei- fers; bulls fully steady; veal calves 25 to 50c lower; largely $9.00 market early on vealers on pack- ers; stockers and feeders slow; run includes eleven loads hay fed Mon- tanas, Sheep—Receipts 10,000; fairly ac- tive; spring lambs in best demand; 25 to 50c higher; old crop lambs trong to 25c higher; shep strong; early bulk native spring lambs $16.50@ $16.75; sixty-eight pound Idaho springers $17.15; choice clip- ped lambs $14.75; few choice handy- weight fat ewes $7.25. Omaha Quotations. OMAHA, Neb., May 28.—(United States Department of Agriculture.) —Hogs—Receipts, 15,000; mostly 5 @10c lower; bulk 220 to 250-pound butchers, $6.65@6.85; top, $6.90; good 160 to 220-pound weight, $6.50 @$6.75; plainer Bghts on down to $6.25; packing sows, $6.15@6.25; bulk of sales, $6.60@6.85; top, $6.90 average cost ‘Tuesday, | $6.78; welght, 240. Catthe—Rdcetpts, 19,000; better grades beef steers and yearlings, slow, steady; little down on others; bidding 15@25c lower; few loads welghty steers, $10.00@10.50; top steers, $10.75; lings, $7.65@10.00; fed she stock, dull, dragey. catcli-as-catch- mostly 15@25e lower; lers lower; bulls and stockers and i ers, steady} bulk butc cows and heifers, $5.00@5. canners and cutters, $2.50@4.00; bologna bulls, $4.25@4.60; heavy beef bulls, $4.76 @5.25; vealers to packers upwards 0. to $9. mostly $8.50@9.00; stock- ers and feed $6,508.00. Sheep—Redelpts, 6,400; active; killing classes strong; fats, 25c high: er; early spring lambs, $16.00; few $16.10@16.25; four loads Idahos $16.50; seven loads 78@84-pound clipped lambs, $14.35; small lot clipped ewes, $6.25@6.50. Denver Prices, DENVER, Colo., May 28—(U. 8. Department of Agriculture.)—Hogs —Receipt#, 1,200; mostly 5 to 10c lower; top for choice 224 pound averages; dulk desirable 190 to 230 pound weights, $0.70 to $6.90 other classes, steady; 125 to 150 pound averages! $5.50 to $6.00; pack- Ing sows, generally $5.75; stock pigs, $5.00, Cattle—Receipts, 600; calves, 50 generally steady; few sales best heavy steers, firm; plainer grade: dull; choice 630 pound helfers, $8.75; several loads medium to good cows, $6,00 to $7.00; few heifers, $7,35; me- dfum mixed steers and helfers, $7.60; few loads steers, $8.35; good and choice vealers, $11.00 to $11.50. Sheep—Receipts, 350; arrivals un- loaded for nearby feed lots; nothing sold eatly. SILVER NEW YORK, May 28.—Bar ail- bulk steers and year- 3. ver .66%; Mexican dollars .50 Woods Filling Station, car wash Ing and greasing. Phone 1920W, Has, Yellowstone Highway and A, Grain STOCKS oLOW ON EXCHANGE Price Movements Irregular On Approach of Holiday NEW YORK, May 28.—Stock prices drifted idly today as the ap- proach of a holiday dulled the edge of speculative trading. Public Utilities gave the best demonstra- tion of strength, but some of the active industrials and specialties were heavy. Sales approximated 600,000 shares, NEW YORK, May 28.—Reaction- ary price movements in evidence yesterday were checked to some ex- tent at the opening of today's stock market. Several market leaders, in- cluding United States Steel, Baldwin and Anaconda opened higher, but some of the other shares, notably the motors and oils, drifted ir- regularly lower. Norfolk and west- ern advanced 1%, leading a number of rail issues higher. Coco Cola dropped more than a point. Contrasting movements featured the early dealings with shares which had started higher develop: ing a reactionary tendency. Bald- win and Norfolk and Western drop- ped back sharply from their early highs, but several minor specialties, including international paper and congoleum, made good headway. Public service of New Jersey ad- vanced a point to a new 1924 top price at 45%. Chesapeake and Ohio and Wabash preferred “a” streng- thened. Prices drifted within narrow and irregular limits throughout the morning, with trading re&tricted by the absence of public participation. Public service of New Jersey con- tinued to better its previous high levels for the year. Chesapeake and Ohio, with a gain of about a point, duplicated its 1924 top price at 80%. Advances of more than a point also wore registered by Pull man, tobacco products issues and General Refractories, but these gains were offset by loses of 1 to 2% points in United States Rubber issues, Skelly Oil, Stromberg and New Orleans, Texas and Mexico. Filing of a government suit to col- lect more than $6,000,000 alleged back taxes contributed to the heaviness of Coco Cola. Call money opened at 3% per cent. Support was extended to United State Rubber first preferred after it had touched 66%, the lowest of the year and it rallied to above 68. St. Paul common and preferred also moved up a point, but Norfolk & ‘Western ran off rapidly to 122%, compared with the early best figure of 126%. Manhattan Guaranteed Stock broke four points. All of the four classes of Market Street Rail- way issues were up 1 to 4% points while Philadelphia company and United Railways and Investment common and preferred also gained 1 to 2. The closing was irregular, Wider price fluctuations marked final dealings in a number of leading shares. Market Street Rallway sec. ond preferred, rose six points, but losses of 1 to 1% points were record. ed by Canadian Pacific, Delaware & Hudson, National Lead, id States Steel, United States Cast Iron Pipe, Lima Locomotive and Allied Chemical Neo eed da ae Tt SUGAR NEW YORK, May 28.—New low records for the year wero estab- lished in the refined sugar market when one refiner reduced prices ten points to the basis of $6.70 for fine granulated, others quoted from $6.80 to $6.85. Refined futures were nominal. Sugar futures closed firm, ap- proximate sales 45,000 tons. July, 3.62; September, 3.74; December, March POTATOES CHICAGO, May —Potatoes firm on old stock, weak on new. Receipts 70 cars. Total U. 8. ship ments 529; Wisconsin sacked rounds whites $1.40@1.55, bulk $1.50@$1.6) Idaho sacked Russets $1.30@ according to quality; Louisiana sacked Bliss Triumphs N @$2,35. No. 2, $1.00@$1 sacked Bliss Triumphs No. 1, $: @$2.65; No. $1.15 @$1 3.29 CHICAGO, May 28.—Butter high er; creamery extras .38; standards 37%; extra firsts 4.37; firsts 35@.36; seconds .31@ Exes lower; receipts 19,598 cases firsts %@.2 ordinary firsts ; storage pack extras 26% NEW YORK, exchanges, easy. cents: Great Britain, demand 433 3-16; cables, 433 7-16; 60-day bills on banks, 430 15-16, F domand 6.45; cables, mand 4.29%; ¢ May 28.—Foreign Quotations § in 4.89 bles, 4.61 demand 4,60; ¢ Germa demand per trillion, .28%. Hollanc 41. Norway, 13.76% den, 22 Denmark, 16.81 iter land, 17.66. Spain, 13.67 jree 1.94. Poland, .00012. Czecho Sloya- kin, 2.94%. Jugo Slinvia, 1.23 Austria, .0014%. Rumania, 44%. Argentina, 32,87 Brazil, § 11.10, Tokio, 40%, Montreal, 98 7-16. GRAIN PRICES LOSE GROUND Price Declines In Both Wheat and Corn Develop In Chicago CHICAGO, May 28.—Influenced chiefly by reports that Kansas has enough moisture, the wheat market averaged lower in price today dur- ing the early trading. More rain was reported to have fallen in Kan- sas late yesterday and last night. Besides, improvement of the crop Prospect was also reported. The opening which faried from un- changed figures to %c lower with July $1.07% to $1.075% and Septem- ber $1.08% to $1.08%, was followed by a moderate general setback and then something of a reality. In the later trading, buying sup- port was good on the setbacks, but rallies were hard to maintain. Some selling here against buying at Liver- pool was in progress. ‘The close Was unsettled, Yo to %c net lower, July $1.07% to $1.07% and Sep- tember $1.08%. Larger recelpts and seasonable Weather made the corn market easier. Opened at a shade to %c off, July 77 to 77%, prices started to sag: Subsequently, selling of corn into store here had a bearish effect, and so too did stoppage of covering by eastern shorts. The close was weak, % tol%e new lower, July, 76%c to 7640. Oats started at unchanged to Kc off, July 44% to 43%, t) market held near to the initial range. Provisions sympathized a little with a downturn in hog values. Open High Low Close 1.05% 1.05% 1.05 1.05% 1.07% 1.07% 1.07% 1, 1.08% 1.09 % 10.45 Cash Grains and Provisions. CHICAGO, May 28.—Wheat—No. 1 hard, $1.07% @1.14%; No- 2 hard, $1.07% @1.13. Corn—No, 2 -mixed, 77% @78\c: No. 2 yellow, 78@78%c. Yo. 2 white, 48@48%c; No. white, 47% @48c. Trye—No. 2, 68%c. Barley: Timothy seed—$5.00@7.25. Clover seed—$10.50@18.50. Lard—$10.15. Ribs—$10.00. Bellies—$10.1 —_ ALL OUT FOR BENEFIT GAME (Continued from Page One.) Interest in the game has been on the increase. The worthy cause for which it is being played, to secure funds for the girls’ summer camp, is a big drawing point while every- one looks forward to an enter- tainment that will please. ‘The lineup. LIONS Madden KIWANIANS Cobb PHIILMPS ..-+ eases ey I -- Cullen Hoffhine Doud - Curran (Hal) panies ene Webb Leggett Hadley Bizzelle Hildebrand Kammen thandler Stone Pester . Hofthine IAFOLLETTE TOMAKE RACE 1ge One.) nplish as nec (Continued from parties fail changes he regar¢ the sxary PAUL., Minn., There will be no chan, Farmer-Labor progressive conven tion in St. Paul June 17, despite Senator Lak tte’s statement, it waa announced here toda William Mahoney, St. Paul labor leader and tentative cholce for tem- porary chairman of the convention, declared the convention will be held aw scheduled, and “in all prob- ability will endorse Senator 1 Follette as the third party can date for president." me ay 28.- in the ST. Jeff are neck and neck Spain to be on Mutt and nce back from the filling station at Se Durbin. They are both for that $100 in gold th ple are going to give av > Woods Filling Station, cs Fast Yellowstone Highway a ing and greasing. Phone 1920W, in hand ut a Se Pm ce even, : Livestock :: All Markets FOREIGN, Czpchoslovak Rep., 8c Ctts. Dominion of Canada, 5s, 1952 — French Republi Japanese 4s Kingdom of Delgium, 8» Kingdom of Norway, 68 Rep. of Chile, &, 1946 State of Queensland, 6 U. K. of G, American Smelting 58 American Sugar, 6g_--.---------——-. American Tel, Col., tf, Anaconda Copper 7: 38, Anaconca Copper 63, 1955 -. At. T. and San Fe., gon. 4g ------ Baltimore and Ohio, cv., 4%8 ~----.--.------—---— Bethlehem Steei con., 6s, Series A Canadian Pacific del ee Chieago, Burlington Quincy ret., 6s A... Chicago, Miiwaukee and St. Paul cv., 449 Chile Copper 6s .—.. Godyenr) Tire) 8, 11968 coe Great Northern, 78 A --...--—------0c~. Montana Power, 6s A.--..—~_.. Northern Pacific ret., 6s B .—-. Northwesterp Bell Tel. Ta —. RMS UR BARES Se Pacific Gas and Mectric $8 ----2 Penn. R. R. gen., 68 ~~. Sinclair Con. Oil, col. 7 Southern Pacific cv, Union Pacific first U. S. Rubber fs . one Utah Power and Lighte Ss Western Union 6%8 -.-W2.. Westinghouse Hlectric Ts Wilson and Co., cv., 68 107% 87% ‘REDS’ LOCK UP OFFICIALS Mine Officers Imprisoned for Three Weeks at Monterey In Uprising Of Communist Workers TUCSON, Ariz.—May 28.—An al leged communistic movement result- ef recently in the imprisonment of officials and employes of the Peno- les Mining Company at Monterey. Mex., in the mines and smelter of the company for a period of three weeks. Word of the outbreak came to Tucson today in a letter from Henry Breaker, to his brother 0. C. Breaker, Tucson merchant, The trouble 1s now at an end, the letter stated, ‘The imprisonment of the offictals JAP EXCLUSION and loyal men employed by the mining concern, resulted from an effors of the ag’ ors to force em- ployment of the radical element, and also because of feeling over the impending election. “If Calles is elected president of Mexico he will turn the mines and smelter over to you men,” the agi- tators are alleged to have told their followers. As a result the radical force kept the loyal element con- fined for three weeks, but with the withGrawal of the agitators, gave up their fight. oe SEE alr teh Deal RSS The only executive remedy open to him is to proceed to a separation This can be accomplished by the ne- gotlation of a formal treaty with IS PROTESTED Japan incorporating all the pro- visions of the palled “gentle- man's agreemen which has been suddenly abrc ted by America. aia ae Then the United States senate, by Ieerinved tote Pane (Ones two thirds vote, can ratify | the treaty and th inoperative so present law becomes ar as the Japanese issue. There is every hope this situation will be softened fous that section I# concerned appreciably when the full and ma- ture attitude of the Japanese gov-|_ 1" the present temper of the ernment becomes known here. Senate, a two thirds vote would be Phroughout consideration of the|!acking but the United States can Japanese excl here, all of those|"Ot afford to omit any effort to responsible for jon of Amer-|Teconstruct the dama, done to fean foreign affairs, have restrained|félations with Japan, and the pro: from expressions which might make |S" Of negotiation will, in the i the international re acute, |terim, even if prolonged, serve as n the pre s of the con-|4n objective which would assist in troversy, officials take the view that|calming the bitter Ings provok- comment on the Japanese protest in|@d by the action of congress. advance of a study of it would ee ek serve to cloud only, the situation 1 might lead to misinterpreta- tions and misunderstandings. and misunderstandings. In the same way all officials, both at the White House and State de- partment are silent regarding re that Japanese Ambassador Hanthara, a leading figure in the 7 discussions, soon is to be transfer. — red to another post. The nese * embassy naturally declines to dis (Continued from Page One.) these reports but there is no|the convention.” The convention sosition to question the clear im.|¢ndorsed Colonel Alvin Owsley, f plications from Toklo that a change r commander of jhe American of ambassadors is in prospect ion, for vice president President Coolidge formal state. ver Pat M Neff, who ment on exclusion, issued when he | trong oxed structed d a gation nominated as a dele signed the immigration bill, frankly |** stated ‘the dislike of the executive eatlarge but declined the offer branch of the government for the|¥Pon & point of personal privilege. a rousing demonstra method selec by congress to feted same time tho president reiterated Me a Seely itinons endorsing expressions of good will and friend.|"¥8 administration, © shi toward Japan on the part of PLEIN th APY Walk“ the American ople and govern 130 precincts fe ey ‘ ent, and state depa t was $ . ove oes aay ss a epartiment watlwell distributed area sema to in jovernment was officially informed | tite that the unopposed presiden- of the signature of the bill through} 7)" 1, Manu oars W. C MoAdoc Ambassador Hanthara and was fur.] 0 {ne Atepulnctm ind Georre toe nished with the complete text of i . bel on the Socialist ets, received what the president had sald seattatier In view of the circumstances it whish . assuxes i” considered somewhat doubtful for them at he that the Japanese protest will go to extreme in arguing that the nd MteAdon Raneiel xclusion provision constitutes a than double that re. violation of treaty ‘0 do so would any individual eandi@ade impel the Washington government] for delegate to the national conven to defend the exclusion provision in} tion a jegal gument and at no time — > in its history has the Washington 5 vernment deviated in policy trom] Case Continued Of 1 of immt * principle that contr ution Is a relgn right be surrendered or restricted in any engagemer Man Arrested For Destroying Booze way by any treaty By DAVID LAWRENC! The Casper SHERIDA hearin A. D. Wi ates dint attorney was unable to attend outgrowth of a 1 8008 business place nuance v United Wyoming aratin bill from the other he stat t had bee rated disapproved the exclu