Show II Mining Mining Oil oi and 4 I I Financial Notes I OIL COMPANY Y FILES ARTICLES The Arrowhead Petroleum corporation of ot Reno Nev ev has filed fUe articles of In Incorporation in incorporatIon i- i corporation with the secretary of ot state It will operate In Washington county I wi Utah with a capital of f Giside L. L Woodhouse Wood Wood- e ed t Into 10 shares aares A. A Wo- Wo a house bouse is la president and Kumer D. D Williams WI- WI Wil Wil- hams liams ama secretary DENVER DEVER June 28 29 U Cattle Receipts i 1200 market maket steady 20 lower beet steers cows and heifers helfers 1100 calves calve J feeders and stockers stoker 60 bulls hogs Receipts 1300 market steady lOo IO higher top bulk buIl P pIgs Sheep Sheep market 25 to Shep lower looser luwe lambs lamb ewes eweS S 00 4 60 1 KANSAS CITY crry KANSAS CITY June 28 20 USDA USDA Cat Catle Cat Cat- KASAS calves 1500 tie Receipts le to o choice weighty steers and and yearlings yearling fairly airly active strong to lie h higher USDA USDA-at-I other killing steers around steady slow weak seers she he stock and bulls bull buil geneal generally generally gen gen- sow with lion lion- steady steady veles st cy eal stockers and feeders ce scarce days day's close clos 1365 choke choice 1490 to pound 1572 steers steer steer Chole respectively best beat bat y yearlings and bulk bulked mixed nixed steers and heifers heIfers 1200 fed ed steers and yearlings a afew rd few tew steers beet beef bet cows ew grass steer r g-r 1000 10 00 good to choie veal and t feeders 5 aiOM 1060 stockers Mockers deJ 1051 to 0 lOc bc 1000 strong Hog mostly tOo tip to pound higher 10 top P 85 on to pounds pound light lights up to U to tn pounds a few tew pound 20 butch butchers s. s 65 to 35 pounds 40 stock stock- S sObs stok and er pigs er cc Sheep Receipts lambs 25 t to SOc lower odd around lower yearlings f lots sheep stu steady top Idaho lambs lambs 1340 Mother others other niO 1325 best natives around 1260 numerous shipments 1250 yearling I i I I ANOTHER HIAWATHA TEST The most recent entrant In the northwestern northwestern north north- western Colorado field Is the Reiter Oil company a a larga large producer Foster a oster 01 Texas fields and Mid Continent telda of ot the Mid has secured a Tea lease on tm sec This company Hiawatha dome northern 16 12 16 the county The lease requires Moffat 1 This In In- of ot a test by July Action section offsets on the north sec 22 upon which the tha M. M W. W V. V Morris Interests drilled In the noU no ne Wilson permit well on the a a U 14 wel n ne Vi Vs and Wison which opened up a 1 flow tow feet of ot gas a in the of ot ga cubiC Wasatch formation at 2270 2210 feet The Ohio Oil company has a test going down Ion on on the 01 Kuykendall Kuykendal permit In ill the ne H 14 Hsc sc Re U 54 sec sec- 22 UTAH 11 MINE E DIVIDENDS distrIbute dis Five Utah mining companies will wl tribute more atone than three and a a quarter quarter ter million mor dollars In dividends for th the the second quarter of ot this year the lat latter r part of this month o ot o around the first firs frt of f July Park Utah will wll wil pay 20 cents a ft 1 share or Silver King Coalition wilt will wil pay 25 21 cents a share shar Coalton Standard wilt will pay 4 40 10 or 1 cents a share or or Bingham Mines will a pay 1 a a share or i an anthe and the Utah Copper company will wi dIstribute to st stockholders a share or 2 2 This is a total of WOOL OUTLOOK HIGHER inGUER Mr S. S Banks editor of th the Wool Record of of Bradford England I Ia Iain I. I in Boston Doston for tor a few tew da days das s. s Seen by by- bY a 1 representative of ot the Boston Doton News Newl bureau bu bu- bu- bu reau Mr who Is an unusually unus unus- U ly well wel Informed authority on woo wool trade conditions said There are no surplus stocks of woo wool anywhere and this notwithstanding that tha at the conclusion of ot the war there were approximately bales of colonial wool that had to b be bl absorbed That Tha hugs huge stock has now been fully liquidated liquidated dated hUle and the trade ha only to deal with current clips The last clips of Australia New Zealand South Africa and anI South America Amerla were lifted Qu e quite easily and these clips have now been l transferred to the manufacturing centers centers cen cen- ter of ot the world worl Unfortunately America has ha not taken taken taken tak tak- en a fair proportion of ot the worlds world's clips cUps 1 Boston Booton dealers have lately been confining their attention to the handling of the new domestic clip My Impression Is that Boston dealers dealers dealers deal deal- ers are feeling more hopeful The past two or 01 three e weeks they have experIenced experienced experienced a much bett better r demand and strong hopes are ars entertained that the remainder remain remain- der of ot the year is going to witness an consumption What strikes me most of all al Is the reasonable price of domestic wool wools and andal andall andall all this cannot annot but make for the general general gen gen- al eral ral development of the wool textile in In In- 5 Per Cent Advance Adane Expected I I regard the outlook as a- favorable and believe that current values values' values alue bid fair to last with wih possibility of a further 5 per percent percent percent cent Improvement in merinos at the next London wool Sales which begin July 5 1 SIr Mr r. r referred to th the th slumps lump lump which befell betel the Wool Industry In In 1920 and 1925 1025 He I-fe stated that In 1920 merinos recorded the astounding drop front from 13 1 shillings to 3 S shillings per pound d A recovery set oct In September tn el tet f 1922 with lt a rising s' s p price tendency e e to the end nd of ot December 1924 By that time 81 tops tOPI or combed wool rose to tl apI approximately approximately ap ap- ap- ap I proximately Cs Gs Od d pe per pound In BradI Bradford Brad ford O The e following IO Ig rear bear ot of 1925 1025 was a avery avery I very b bd one due to o the revolt In this i country and In England against the high prices e then prevailing Things went from bad to wor worse e ln the tue summer sumner and fall fal of 1925 making that y year a one of ot the themo mo most t dl disastrous years the tle wool trade ever experienced Many any fortunes were ere swept aWI away The year of ot 1928 1926 proved to be a I little better beter but there was wa no 8 appreciable recovery In prices But Dut all sli Il this Is IB a thins thing of ot the past remarked Mr Hollings and an the feeling today both In Bradford and Boston Doston fa favors favors favors' favors favors' fa- fa vors vors' vors a a return to somewhat better beter conditions conditions con con- CUR CUBAN SUGAR OUTLOOK Private advices from Cuba say Drought Draught fenera general In four tour wet western rn Ind northern half halt provinces Normal Nor Nov mal July and August rains Tan will 1 lii help 1811 but careful survey indicates the ne nes' nes crop ero even eten f unrestricted ran rap not ot exceed exee ex ex- ee reed 4 tons and f If drought continue continues con con- during July total output will be considerably below this Boston Boston News bureau A- A |