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Show tsTr.SLaaew' -- 8 THE SALT LAKE . - Recofd Broken in Gem State by Pool Wool Sale Special to The Tribun. ' May (1. Th POCATELLO, inIdaho, Idaho has met with almost Immediate result. A few day aa the Canyon County Farm bureau officials reported a sals of wool which Is the largest single sal recorded In th stats ondahc.An aggregate of was sold In a pool t 1,100,000 pound an sastsrn concern at'prlce ranging from 20 to XT cents per pound. Th wool was sold through the American Farm Bureau Federation. E. F. Rinehart, field husbandman for Idaho, stats that the Interest In wool seems, to be Increasing rather than decreasing, and th wool market department of,, tho Amorlcan Farm Burdad Federation announcoo that eighteen stats already have arranged to pool tho 1921 wool clip. Farm Bureau Head Show Tangible Benefit of operative Market Plan. Eastern Clip Sell Organization at Good Advance Price. on Independent eaat-ePointing tq Mile of wool from. t prices ranging from t to 5 pools - cents pound over the prevailing net price offered by Independent buyers In D. McKay, president of the Utah Vtah, State Farm bureau, has issued a statement to farm bureau wool committee men urging that the Utah wool marketing committee be employed as the marketing medium for thl years clip. "Woolgrowers in Utah are not looking bejond the temporary Tellef of a cash advane for the rest benefits of cooperative marketing, said the farm bureau president lndlscusing the possibilities of the pooling plan.- - Many growers seem to feel that If the marketing eommltte does not offer a casn advance equal to the netIs offer of tho outside wool buyer, there only on thing for them to do Bell. to the buyer, It Is conservatively estimated that the wool pooling plan has already saved tn growers not leas than 500.000 by reason of stabilising the pries at levels higher by from i to I cents s pound than would bav otherwise prevailed. In the course of a single week bids on on local pool advanced from IS cents to 18 cents, but the growers, believing that their grade of wool merited a better price, accepted an advance of 14 cent rather than sell at 18 cents. , -- Improvement Started During Week Continued; Market Tone Healthier. Trading upon the. Salt Lake Stock and Mining exchange yesterday was transacted on a broader basis than usual, and ths Improvement started during th week by many specialties was continued. In fact, the vlhel market took on an Improved ton yesterday. Advances were not ltm- lied to on or two stocks or to any particular class. Low priced as well as expensive stocka were more buoyant than they have been for days. Silver King Coalltlonr with dealt in, advanced to a close of 1.77 V4, a net gain of two and points. Tlntlc Standard, however, showed little 200 for at 2.424 holding Improvement, shares. Walker, which has not traded for several days, was strong at 2.50. t'tah-ldah- o Sugar extended Us loss, trading at 4.85 for twenty share at ' Cardiff traded 1.12 for 200 share Bay State, among the oils, showed good condition, trading at 81o and 30e for 800 shares. Beaver Copper;-- with 2000 shares sold and a close of 8c, weakened slightly. Medium-price- d Issues displayed good condition. In this regard the action which closed at 28c for 2000 shares, was perhaps the most encourPrince Consolidated also was aging. strong, with Its close at 28c. Iron Blos-.sowith 1300 shares sold, advanced to a Sacrifice Unnecessary. "Word was received, however, of sales In Which the grower le not getting the No grower price to which h Is entitled. need give his wool sway or sell at a loss carry through lack of financial help to him over the crisis. Likewise, he need Jow-pri- cs he has a small clip of ungraded wool. Under the cooperative marketing of fine plan, If- h haa only 1W pounds la assured of a fine mewool he medium dium price for that 100 pounda of wool. In hia letter to the wool committeemen of the state Mr. McKay told them that the marketing committee haa ample financial backing to advance practically ev-13 ery grower in the state from 8, to cents a pound, and that there Is every Indication that aales through the. pool will net from 1 to 6 cents a pound over the present net prices. information has Just been received of a single sale last week of 1.100,000 pounds of wool through a farm bureau pool to an eastern mllL The price ranged from 29 to 7 cent. During the first week In from the May, 1,509,000 pounda were sold earns pool. C. J. Fawcett, wool marketing director for the American Farm Bureau Federation, reports that nearly all of the bigger sales this year have been made from farm bureau pools direct to the mill, according to Mr. McKay. -- to 17 cent, its cash advances to farmsis on that day were; Fin clothd clothing, 10 ing, 10 cents; clothing. 10 cents; cents; burry, seedy and chaffy, 8 cents. In other words, the farm bureau was ofalfering aa a cash advance .amounts most equal to the final price of the local , buyer. In his statement to the wool committeeman throughout the stats Mr. McKay lay special stress on th fact 'that the this cooperative marketing plan adoptedcomyear la no bluff on the part of th mittee. From the growers standpoint, he contends, It la fhbeat method yet devised for marketing a staple product. While it may take years to overcome the belief In aoma minds that tha middleman wool buyer la a fixture, he I certain that the excellent results obtained In other states will ultimately make th statewide wool pool a permanent institution in Utah. 18 half-bloo- Big Six Oil Drilling 83d 400-sh- ares one-ha- lf close of 18c. - Eureka Lilly and Eureka Bullion both held their own, the first selling at 7c for 1600 snares and the last named at 104c for 2000 shares. Hllver Shield, with 8100 Special to Tbs Trlbua. was the most active of the breaking of a ehsres sold,stocks. With, thl selling, the MOAB, May 19. Th stem at tha Big Six oil weti last Saturadvanced two points to a close of day caused a suspension of .operations pries 14c. for several days. Drilling operations stocks were quiet, Alta Tunnel Alta were resumed today, the well being at trading at Sct Emma at 214c and Sells a depth ef 1182 feet, with the bit work- at 84c. Among the unlisted stocks, the ing' In a black limestone formation, with greatest part of the trading was done by evidence of petroleum at each baling. fjllver Reef, which receded to a close of The change la formation from a gray 11c, and Little Mayjvwhlc a be favorable advance to 214. ahala lima Is stated to , on. Volume of trade upon the local exA new wire cable haa been ordered by considerable-exten- t. a to Increased change on before the be will and ground express but 316,382 shares, valued at The old Last week were s expiration of this week. 149,475.29, sold, s compared with a Operations Resumed ' The Utah State Farm bureau Is in receipt of the following report of wool sales bv th wool marketing department of the Michigan Farm bureau: When th dealers were offering 15 to 18 cents for combing and delaine wools last Friday the farm bureau was selling Its bwn combing for 18 cents and delaine for 30 cents. The cast advances made to the farmer that same day were f the price the farm bureau was getting, which amounted to 18 cent for combing and 15 cents for delaine, almost as much as local wool buvers were giving as total payments to grower. "Oti the same day local dealers were offering 8 cents to 12 cents for rejects, which included fine clothing, d clothing, burry, seedy and chaffy. The wool department could have sold Its wool of these same grades at the following S cents; d (rices; Fin clothing, clothing. 20 cent, 20 cents; burry, seedy and clothing. -- one-hal- -- half-bloo- half-hipo- od TAXDAXB OIL ITOCXE, reported by I. A. Hogl A IS Cal ' " CHICAGO. 21. United 'Btatek burea of markeis.) 4,'attle Receipts, 500; compared 1th a week ago, beef steera mostly steady; Plain heavy steers, 13c to 26c lower; she stock CHICAGO, May Word Jias been received that the giant standard rig, with all tools and. casing at last left Texas BILLED TO COALVILLE. Our story is told.' and bulls, steady; spots, weak; vei calves, 23c to JWr higher; atockers sad feeders, 15c to 23c higher, top beef steers, for week, $9 65. Hogs Receipts top, $9.00; bulk. Issue generally $M.304(M.ft5; pig, nominally steady ;Boldover light. Sheep Kcfelpts, 4000: practically all pack rifret. coatpared with week ago. best light fat shorn lambs, steady to 23c lower; heavies and culls, 60c lower; best springs. 23c to 50c ftigb-e- f; matured sheep, 75c to $1 00 lower; heavies sad cull ewes, off more; yearlings, irregular. - KANSAS CITY. u CITY. My 21. ( raltwl gtatra of markdts.l tattle Receipts. 550; for week, beef steers. 104i23c lower; she stock, weak to 25c lower; bulls, killing calves and 23Q30c lower; atockeya and feeders, mostly stock, sows and heifers and cancers, stody; stock calves. 25c lower. Hogs Receipit. 5U0. mostly steady to strong; to 210 pound hogs, 8H.83 7aid for bulk of sales. $H(KfK33. Hheep Receipts. 1500; for week, ewes and spring limbs, m23440c higher, sheep, 8550c lowers KANSAS Receipts, SOO; compared with week -- Spvrtal to Tke Tribune. KTREKA, May 21 Work la to be resumed at once At the Ohief ionaolylated Water Lily shaft, whKh Is ctmpany'e located About midway between the. Cen- tral Standard 4s48 Act NOW, before the commencement of drilling sends up the price I THE GUARANTY COMPANY Fiscal Agents for Western Empire Petroleum MAIL (01 Newhoue Trust Transfer Columbia t Co. Registrar and Agent Walker Brother Banker Depository References Ask Your Banker. Passed by Utah Stats (tcurltles Commission tl THIS COUPON TODAY The Guaranty Co., 601 Newhouse Bldg.. Salt Laka City, Utah. Pleaae Bend me our map of Utah and Wyoming oil fields, together with complete prospectus giving full derails of the Western Empire Petroleum d to corporation oppoortunity achieve success In oil discovery. It is Understood that this places me under no obligation. Name Bldg. Wasatch 2773. Salt Laka, Utah five-fol- Address fee- - IlKSF .IdgQSftf&Si'l q tV5a end of the hs-trh- 't. THeebeft wa s ekte a depth feet' during 1920. It is understood sixty $3ihV thAt to $4000 will be spent there during the present ear. this sum being required for the annual Assessment on the large tract of land which the Chief Consolidated company has in the east ern end of lhe district. The conflicts between the Chief and other companies of. that section have cleared up and lh all Cractica)lfeeling now prevails. Fitch of the Chief ConOcil Manager solidated company ways that the large was used at Homans-vlll- e compressor which will (e moved out to the new East Tlntlc shaft, and that a large holeting engine will also be Installed. With- - this equirment the sinking operations can be it Is understood carried along rsptril. that the work will he contracted to the Walter Fitch, Jr.. eomp.iny, which concern is doing muh of the development work for the Chief. Have they definitely rounded the turn to higher levels? .. Nothing Is Cut and Dried . ( You ask us to insure your property. It may be only a cottage, or it may be a huge manufacturing plant. Whatever. the size oC the policy, it gets enough personal attention by an insurance special-- . ist to make sure that it is exactly --tha policy which ought tabe written in YOUR best interests, before we recommend it. It isnt bn AESESBMENT LEVIED. An assessment of 2 cent per share has been levied upon Southern FaclOc Gold and Copper Mining and Milling company stock, delinquent June 20, sale date, July 10. AID BTIUTT BONDS. UTDUBTK1AL reported by 2. A. Hogl (A I Beth IMoel ref As 1st I 1M2... 1ST. O self A l--l Cop coll r cost Ts 1028. Gt West Fr As 1st S F 104... A ref 8s 1M2. . Pse G A B 1MT. Pse T A T 1st roll I Mi t.ltf Chile r ga g Steel As 8 P 2500 Demtjobe. Emma. 5000 at 86H 4 77 7784 9484 714 7784 7714 93 98 13c; Yield P.C. $1.77. Silver Shield. at 14c. In Small Lota ' Ztnaa. 2000 at at Bella, 1000 Tsl. (22 2e. 13c; -- Utah !dah Sugar. 20 at 14 66 UNLISTED STOCKS. Llttla Hay. 1000 at 2c: lux) at San Rafael, 500 at 12c; 1600 at 10c; 600 2c. ' at 164c. TOTALS. . Share aold. 88.620 Cash valuation. 80144 96 PEEK'S TOTALS. Sbama nnld. Sfto.OBT Utah valuation, 56,301.89. - 9 n v , cet discount. NOTICE at 1600 - ' . 1 A Montreal, l(Hs per at 11.76, 100 at Demand. 68; cable, 1 69. 85 Sweden Demand, 28 65 Norwar Demand. 16 05 Argentine 1 Mm and, 8t 62. RraaiUan lHmand, 13.73. 16e. 8e INDUSTRIAL North Beck, 800 OGDEN fcW 12r; 8000 Beaver Copper, 1000 at 8c. at lie. Stocks at mercantile 88 H9U; cable- - $4 8 77: ruble. 8 79. Demand, Demand Greece Demand. at frio Demand. 8.75. cable. 8 77. Belgian franc letiHdor lsfnand 35 83. cable. 85.93. Lire IVmxnd. 5 58: cable 5.58. Tlntlc Standard. 900 at $2 42 Walker. 300 at $2 60. 4.25 Banda and Eeclaa Bldg. 800 crt. 6 Ptvrliag Mark Iron JMommnd. 900 at 1100 Iron King. 200 at 9c. Labi Tlntlc. 8000 at Leooora, 8000 at 2c. Near Quincy-- , 1000 at 4c. North Standard, 8000 at 5c. Prince, 600 at 2Tc; ino at 28c. MONEY, Mat 21. , YORK, ft 7 wr Evt'hanjt. Nteariv. P8Pr. c. Silver King Coalition, Maturity J. A. HOGLE & CO. Benda and Investment at 2e. East Tintlr Coalition. 6ono at If. Eureka Lilr. 1500 at 7c. Eureka Bullion, 9000 at 10c. - In All NEW 8c. 4e, Yield P.C, 1.97 12.10 87.20 90.70 87.40 97.70 OPKMNG BALES. Alta Tunnel, 1000 at flc. Bullion, 6000 at Bif HUI. 1300 at 2c. Bearer Copper. 1000 at 8e. Bar Slate. 300 at 81c; 500 at .W Columbus Remit. 600 at 27e; 1500 at Cardiff, 200 at 81 12. A Co.) AeXed, gld him 8314 Irlf IM Current Prices May 21st -- UTAH TROPICAL FRUIT COMPANY OF MEXICO Money a siting following stockholder on delivery of stock certificates to James Chlpman, President; Chas. H. Well. .Secretary, 604 Felt Building, Salt Lake City, Utah. r , NO. 221 RbSE&CoMBVNY 50 Broad St. New York MATBE YOUR ifk uPPoRTunity ThlsexampleTfbhTbunhsiBance atti' nW Aik for all just cut and dried., department illustrates our tude in all departments. , Latest development affecting prospective earnings and market appreciation. What companias in this group ere in th strong, set financial position? Oar comprehensive survey of the industry ie now ready for present nd prospective bolder of oil aecorltie. Ctfy -- ' In (50 and (100 W ' i Specialise , SALT LAKE ,' "lot Main St. Wasatch 77 and the North Standard properties m the eastern Maturity Jan. 1947 4s 49 1 Charley Lang, our California driller, has left Los Angeles by inotoTjcn route to COALVILLE. leaves at once STRAIGHT Roy S. Avery, general superintendent, FOR COALVILLE. The rig will soon be towering above the landscape steanifill be in the boilers-an- d the drilling will commence. Wepco fulfills its promise WE DRILL! The closer to the oil sands that drift poes, valuable will he the- stock of the Western Empire Petroleum Corporatioiv1t is capitalized for 500,000 shares, and , only 100,000 are offered for sale at parr-l.O- 4000; Work to Be Resumed Shaft in .Water-Lil- y '4.87 8.25 Nov. 1942 6.21 4.89 Sept. 1928 y th 4.88 T. .Oct. 1928 i.87 V. 4.88 (.00 (no tax exem.). May 1922 will buy or sell any isau at the market at net price for cash, baaed on IK" our current New York Stock Exchange quotations. 9 -- H DENVER Tribune. DENVER. Cok., May 21. Tattle Receipts, Beef steers, $L5O4liL30; 200, market steady. coornHid heifers, 84.Q04i6.76, atockers a ad feeders, $5 3041 7 00. market unchanged. none; Hogs Receipts, Aherp &a4pu. ovoe;- - market .unchanged Special to Th thou-aan- LIBERTY BONDS fAh " ' ! . EUREKA. May 21. Early in th coming week the work of sinking the main shaft will be taken up at the property of the Zuma company. The shaft, which has a depth of 600 feet, will he eent on down to the 1200 level. This piece of work, which' will be handled undercon-tra- ct d will coat the company seiera) dollars. It Is thought that It can be accomplished in five or aix months. ( The minora who have the contract will handle the work at a certain price per foct, furnishing tools and powder. It la have understood that the contractors such faith In the property that treasury block will be taken for a good part of the amount. The company will furnish and opeiate the machinery and supply the timber. Two ehlfta will be used, and as soon as a boarding house can be fitted up the entire force will remain at the mine. Everyone connected with th contract is determined to' push the work along as rapidly as possible, and It Is quite probable that the first 3C0 feet of sinking will be completed within two months. The Zuma'a main shaft Is but 500 feet deep, but the workings extend to the 900 level, the additional depth having been reached by sinking wtnxes. There Is considerable ore exposed In the lower levels of the mine, and It Is thought that the best way to bring the Zuma Into the productive stage la to xink the shaft and cut the same deposits at greater depth Nn changes in the equipment will be neces sary. Michigan Sales Quoted. 2nd 401900. Special to The Tribune. - 5. a 1st 84 Sinking of Shaft to Begin at Zuma Mine 500 Level sanctioned by the committee, according to Mr. McKay.- t calves, choice fat bdt, 175 Hogs Receipts, 688. to 250 pounda. 850; bulk df yales, 8,00&9.60; feeder bogs. 86 004(9 00. hoice limbs, $8 00$ Sheep Receipts. 2ob0. 9 00; wethera, 87.007 50; fat ewea. 83.0048 4.00; feeder lambs, $6,004(7.00. strong. "In other words, cut the selling corners and save money. No eastern wool buyer sends his men out to your corral or shearing pen free of expense. That sort of service coeta money, and it la your money th buyer Is spending if you sell him your wool. Tho marketing commit tee does not believe In spending money this way. Alto, the wool buyer's profit In the final sale to the mill la your profit. "Th Utah wool marketing committee pays no higher freight rat and no higher cost for handling and grading than the buyer. For th same cost th grower realizes the beat possible price ow-i- ke fmab. market under the advantageous method of selling cooperatively." The farm bureau head also took occa slbn in his letter to deny the reported assertions of outside bool buyers that the marketing pool la another scheme to advance the Interests of th National t ool Warehouse A Storage company. H declared that there la positively no connection between the warehouse company and the marketing committee, other that an agreement to handle the Utah pooled wool at a stipulated cost per pound. In addition, the agreement goes beyond the usual conditions, in that no wool can be sold from the pool unless the Bale I - beifr, Cattle System Cuts Out Waste. 'C ' ago, beef steers and she stock mostly 25c to 50c lower; bulla, 50c to 75c lower; reels, weak to 75c lower; atockers and feeders, firm. Receipts, none; compared with week Sheep ago, spring lambs. 50c higher; clipped lambs, 23 4 50c higher; sheep 50c to 75c lower; feeders, Woolgrowera should reallza that comarketing Is entirely responsioperative ble for making possible euch sales. They should look beyond the Initial. cash advance for the benefits of sailing under this method. The plan of marketing wool cooperatively has been adopted to help the wcolgrower help himself. While pooling on thl scale Is new to Utah producers. the plan Is her to stay, and I wool pool la a predlct that a state-wid- e In this stats. permanent Institution and Utah KIghteen states now have pools, - to overlook afford woolgrowers cannot this opportunity to rvalue the ebst possible prices which are available by proper grading and orderly marketing. "1 do not want woolgrowers to get th Impression, however, that. the Utah wool marketing committee la in competitionle with the independent wool buyers. It In business to tide th grower over a financial crisis; to help him market hie product In orderly fashion and to put his wool on the market In sufficient quantities as to various grades to interest and deal direct with th big mill buyers. VT ODDER. Special to Tho Tribuna. OGDEN. Hay 21. Tattle Receipt, none; choice heavy steer. 80.5Orf7.OO; good steer. steera, 83.50i(9 00; choice 8OUOQ0 5O; fair feeder steers, 5.SOgiOO; choic cows and heifers. 85. 50 0.00, fair to good cows and 15 0013 50; cutter. 82.Otm8.O0; caaner. 82 00 4.004?5 00; fat bulls, 4; 2.50; choice feeder cows. bulls. 82.308.00; veal $8 0043 50; boiognn OMAHA. OMAHA. May 2L U oited States bureau of markets.) Hogs Receipts, 4000. fairly active, steady to ,10c higher; bulk W to 240 poundbutchers. $8 254440. top. $8 50: bulk 250pound butchers and over. $7 004(9.10, Plan to Be Permanent. fit Special to The Tribune , NORTH SALT LA KB. May 2J. Cattlb 18; market ateedy; atroag Choice- - t4Hr. 88 7347. 50: good atari. $8.238.76 feeder atrrra 3 2540.50; cboicn cywg and heavy hr if era, 85 754(6 26; fair to good cowa and heifer. 84 75b5.60; cutter. $2 604jf8.75; cannrra, $2 004j2 50; fat bolla. 84 0044 50; boiotna bulla. 88.0068.76; light veal calvra. $0 60Q, 10.60. Hog Receipts. 79: market steady t higher: strong demand Choice prime top fat bogs of-- 170 to 200 pounds), 80 65; bulk aaler, 8&404r6.65; feeders. 86 2349 M; . Sheep K'ceipfa, none; market steady to higher; strong demand, Good choice Mpriog Umhe, 98 5OQ9O0; choice yearlings lorn, 1 0.504? 7 50; choice wethers (shorn); 8476(83.75; fat . ewea, $4.004.75. - . chnffy, SALT LAKE METALS. ....a .......... ,..w 0?Pr Silrer ...... ... 99e ..a. Lsad (Star Yerk) ;... $5.0 W.Wfl-iv- Spelter 6t Leuit) Silver (in Leaden) SUAJJAif JMUKMAU, MAY 22, 1921." TK113 U N E, . Reail the gTeat true atorv how two men invested (000 and made - In . investments, handling high-grad- e in buying and selling real estate, in negotiating loans, there is a "wide opportunity for personal initiative that is. encouraged to the" utmost. $1,365,000 the in issue of the Digest monthly and mailed .Tune ooper-Henderson Published absolutely FREE, containing valuable information which you should know. Beautifully illustrated. No advertising. Write today, as the supply may be exhausted- We count that member of our organization most valuable who refuses Jo accept any transaction as purely cut and dried, and who gives it the individual attention that alone constitutes thorough, conscientious service. - COOPER-HENDERSO- , ' . , DIGEST Breckenrldg, Texas Your Assayer Must' Be Accurate Mr. Miner! Part of our reward for accuracy dur our 29 year of business her is the reputation which brought us a thousand sample last week from Cuba to get our results before a mine was bought in EdD Snjitli $ Sons Estate Assayer and Chemist. Years In Same Location. S. Temple. Salt Lake City. 29 169 vestments' Jnsiirnce Reql Jn - Wt -- Mortgages 38 West Second South Street - BROKERS WANTED to sell e atock Issue. Strong qualities. One of Bank Presidents heads company Address "Banker." Large earnings. P. O. Box 963, City Hall Station, Kw selling H. Harman Hoff Albert Harman L. N. Mereden John Gleave La Roy A. Btovon Ell Orogson hlah-yrad- best-kno, York. 4 t ' i. ; |