Show J 4 I I MINING AND OIL I 4 4 Developments at the tile South Hecla mine In Alta Aita Ala are Ire extremely promising accordIng according accord- accord In Ing to General Manager George II Jr Wet Wat- atson at son Two raises are being made from the thE Dwyer tumId level lev I In the and Ind lime contact and ore ole Is found In both raises It was Intended to go up j feet teet but It Is now believed that ore will 11 be encountered sooner looner The most Important development work wont that has ha ever Iver been carried on In the p has been accomplished this winter and the results are Just beginning to show The TIle operations In the Emma Silver also un under under under un- un der th the the- management of ot Mr Watson Vaton are proving pro satisfactory Good silver lead lead Ilver-lead ore Is being beng mined on the foot level leveland leveland and the work Is la now being driven on the tho toot foot level to to get under the ore body I This latter work i Is said to be exceedIngly exceed exceed- exceedIngly exceedingly I later gratifying I TWIN WIN FALT FALLS Ida March arch 16 Asher H.-Asher Asher B. B Wilson and Leonard E. E Smith interested Interested Inter- Inter I l ested In producing wells at Long Beach I ICa Ca Cal and P. P II 31 I. I formerly manager man loan ager here for the Allen len Oil 01 company company have haYe Incorporated the Home Oil 01 company man man-I with wih capital stock V The company coif com coin coi- coi pany has s secured and a abuid f facilities ft a and have e a ordered d nl material a f to build tanks of gallon galIon galon capacity to I I handle oil and gasoline 01 0 j I Annual report of 0 the tha Texas company compan for year ear ended December 31 1022 shows l f net profits after ater charges s. s federal taxes I and ond Inventory adjustment t ent of or equivalent to 04 a share par 25 5 on I the capital stock This compares corn com pares par with wih net of ot of or 01 4 com I a ashare ashare share har on capital stock In 1921 1021 and 8 or 81 per e share re on 1 0 J capital stock In 1920 92 t CASPER Wyo March arch 16 With l.-With With the finding of ot quantities of ot oil oit 01 In tho the Ten- Ten I sleep sand at 2820 feet teet on the northeast th the Alaska quarter of ot section 2 36 I Development ve company on Monday O y added i ithe I the Pine 1 Mountain 1 u trl ant dome to the p proven fields of ot the state and opened up a large Idl i dl district to development which Is II con- con tributary to Casper Caper The well wel which J Is known as Holden No 2 has been drilled dried continuously since last May and work has been done In spite of or the worst ot of han handicaps for tho the past palt several weeks It being necessary to melt nelt snow row to furnish fur fur- ur- ur nish a water atH supply luPPy for tor drilling purpose Jur- Jur pur pur- poses pose 1018 Its I. I location proves a large part of tho tile structure which covers several thou thousand nd acres acre and will wIl result resul in the tile Immediate development of ot a a large part par of ot this thia area CALL CALI MONEY I El NEW YORK YORK March arch 16 aU Gait 36 Call m money tey steady steady- high 5 6 low 4 ruling rate 5 closing bid bl 4 41 offered at 4 I. I 4 last loan 4 cell coll cAl loans against acceptances 4 J. J Time 60 GO ant and loans firm mixed collateral 90 days daVa 4 41 tOI 1 four and six months 6 5 14 4 0 5 54 prime commercial paper 5 |