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Show 18 THE SAlT LAKE TRIBUNE, SATURDAY MORNING, JUNE 3, 1922, ' U Position of Industries Stronger, Duns Says NEW YORK, Jim A Dun's tomorrow will say: -Another month has opened, with reoent gains in business maintained and with promise of further Improvement to follow. Current reports from different trades and sections of, ths country give rise to confident expectations and support the more general belief that recovery from previous depression has definitely developed. Revival in soma fcaalo lines this year has steadily gathered momentum, despite various drawbacks, and Idls-neamong workers has apparently diminished with the Increased opporLabor tunities for employment. troubles in the coal mining and textile fields, continuing for many weeks have tended to prevent a full measure of progress hut the position of most Industries Is distinctly stronger and production records indicate that operations are more oloaely approaching capacity. Weekly hank clearings, $5,717,613,000. Cooperative Work Among Financial Institutions to ss Be Convention Keynote. IJos Angeles Man Will Ex ' plain Economic Unity o! States of the Southwest The fourteenth annual convention of the Utah Bankera association will open in Salt Lake on June 16 for a two-da- y meeting, which will be attended by repre eeatatlvee of practically every bank In (hi elate and spokesmen aa well from the principal financial' center! of the mountain Pacific states. Announcement of the program yesterday by Carl R. Marcussen, cashier of the rriCe Commercial A Savings bank and secretary of the association, discloses a week although they say they have not yet oovered the advance in raw materials. e LULL ON CURB. NEW YORK. June 2. There was a lull In bullish activity In the Standard Oil issues after early advances today on the curb, and dealings generally showed contraction, being far amalier than had been noted lately. Kentucky advanced to 108 and then Indiana ranged duryielded to 106 to 119 ing the forenoon from 120 and Imperial Oil of Canada after eelllng n 122 1.28 to declined at Internaroee from 21 1 to 22 tional Petroleum after selling at 27 had a moderate reaction. A feature of the Independent oil group was the further decline in Kirby Petromaking a new low. leum, from 9 to 6 Mexican Seaboard wax traded In oh h 8 16 to 15 fairly large scale at and Creole Syndicate ranged from 3 Carlb Syndicate continued firm, 8 8 Creek 8 8 Salt and selling at Consolidated held firm with sales series of addresses covering the most Important phases of western banking, past, and future, as well as an enter present tain men t program of real merit. Cooperative banking will be the central theme of the convention, with A. se-P, Bigelow of the Ogden State bank lected to sound this keynote. W. W. Armstrong, president of the National Copper bank, will report on the results of, bank cooperation as manifested In the successful work of the war finance corporation and Its subsidiary local organisation, the Bankers' Loan company. ALTA Jl ' unusual activity and many higher prloes, especially for speculative lssuea In the stock market, where the trading approximated 1, 606,000 shares, oils were the conspicuous features, especially ta California and Texas groups. California Petroleum, Pacific Oil and Free port -Texas, In which dealings were heaviest, registered net gains of 314 to 7 points. The hettgr known or more seasoned shares among Industrials and tails wars United States comparatively backward. Bteel naa the most prominent except Ion, rising 614 points, to 10$, Its top figure since 1920. Steel made its new maximum soon after Wall street learned that Chairman d Gary, in hie testimony before the executive committee, had estimated the corporation's surplus at about -- Lock-woo- -i -i 180.-00- T California Delegations Support for Johnson the Naw York offices of the corporation. Immediately, Mr. Smith made a request to ths Utah public utilities commission that permission be glvefi the company not to operate the road this season. Reason for the request, he says, that nearly all the mines of tbe Alta district, which territory the railroad serves, had closed contracts for the hauling of their ore with team a Inasmuch as Mr. Smith estimates that there is not enough surplus ore tonnage to allow the railroad to operate at a profit, the company would not be Justified in starting up as usual this season. "When I made a survey of he situation and found that all but one or two of the chief mines of theAIta district had signed contracts; with teams for the hauling of freight and ore," Air. Smith 1, of course, notified said yesterday, of the toad In the east of tbe fact, stating that there would not beXsuffl-clesurplus for us to operate gt a Profit. The change In policy of the egad Is to be regretted, but It Is the only practical thing thatbould.be done." During those months when snow has not prevented, the Little Cottonwood has operated ore truinr on Its approximately eight-mil- e long road between Alta and Wasatch In Little Cottonwood. At Wasatch ore Is transferred to the Denver ft Rio Grande Western branch, over which haulage to the smelter Is completed. During winter months, when the railroad Is blocked by heavy snowfall, Alta mine operators have been hauling their " product and Incoming freight by team. Because of the fact that teams can be depended upon to haul the year around as lorg as the roads are open and that during at least hall of the year railroad transportation Is Impracticable because of weather conditions, many of the Alta operators prefer to glee their business to teaming contractors. Alta mining men are of the belief that the decision of railroad officials not to operate this summer will not affect the prosperity of the camp. Inasmuch aa it ,1s bellexed enough teams can be secured to furnish adequate haulage facilities. Ore will be hauled from the various mines to Wnsatch, where It will be dumped direct into the standard gauge cars of the Denver & Rio Grande Western branch road for shipment. nt n. com-lan- Syndicate Neth-erlen- nt 0-- Ore Production of Normal record-breakin- - 0- n' . 8 . Twelfth-Thirteen- if -- three-quarte- rs -- N 1 th 1 - Reversing Judge T. Bailey Lee's Judgment dismissing the petition of C. O. Dumas for sn Injunction against removing ths school to Burley In compliance with a legislative act of 1921, the supreme court today ordered ths case remanded to the district court for Cassia county, with Instructions to grant the Injunc, tion. ' Senate bill No.- - 298, by which the state board of education was authorized and directed to remove the school. Is declared void because It assesses s tax of mill on all the available property In the state and Is therefore In contravention of section 14, article 111 of the state constitution, which requires that all revenue bills will originate In the bouse of representatives. And there being no other provision far the construction of the necessary school buildings at the new Burley site, it Is held that the entire bill falls. The oontentkm that the bill was unconstitutional, because of being a revenue bill and yet originating in the senate was not raised at the original hearing, but only when the ease was' brought to the supreme court. one-eigh- WHO WRI ES Woman Restored to Health by Lydia L Pinkbams Vegetable Compound Makes This Offer Subcommittee of Bankers Apppinted to Aid Adjustment of National Finances Cumberland, Md. me Lydia E. My mother gave Pmkhams Vegetable Com- pound when I was between thirteen and fourteen years old and waa going to school, because I suffered with pains and could not rest. I did not have any more trouble after that until I waa married, then I always waa troubled in my back while carrying child and couldnot do my work until I took the Vegetable Compound, lam strong, do all my washing and ironing and work for seven children and feel fine. I alwaya have an easy time at childbirth and what it did for me it will do for other women. I am willing to answer any woman if she will writ asking what it did forme. NEW YORK, June tha Associated Press ) Appointment of a subcommittee of the International committee of bankers on Mexico to .work out with Adolfo de Is Huerta, Mexican secretary of tha treasury, the details of s plan for the adjustment of the $700,000,000 Mexican national debt waa the outstanding feature of the first day's erosions of the Mexican finutlcial conference. Whtle the narrree of Th meinbera of ihe subcommittee were not given out It is understood ths con W. Ismont, who Is hair-ma- n County, slots ofof Thomas lory, the International committee; Edward R. Peacock, representing Brlllah and Wyoming, Develops Flow Dutch Investors In Mexican securities Chevalier. Jacques the representing and Swiss groups, and French, Belgian Paul von Schwabach. who Is the delegate of the German financial Interests. A plenSpecial to The Tribune. Mrs. John Heier, 63 Dilley St., CASPER, Wyo., June 2. A neW oil ary session of the conference, at which field has been discovered In Wyoming thirty International bankers and their ad- Cumberland, Md. visers were present, held this mornDuring girlhood and later during ninety miles from the famous Salt Creak ing. motherhood Lydia E. Pinkhams VegeAt thia meeting Secretary de la Huerta table field, where the Producers and Refiners Compound brought relief to Mrs. with the aid of a Spanish Incorporation has brought In a discovery presented, an oral summary of Mexicos Heier. Her case is but one of many we well, according to Frank E. Kistler. terpreter, economic situation. This was constantly publish recommending our chairman of the board of ths corporation. firesent by a general discussion in which Vegetable Compound. She is willing to The well is In the Ferris field, Carbon all the principal bankers Joined. In or- answer your letter. Write to her. the proceedings. It waa county, at a depth of 1800 feet, where der to expedite apthe company owns leases In one block suggested that a subcommittee be two The session lasted pointed. morning acres. The 10,000 covering approximately a special train on tha Atchison, Tohours. well has only Just touched the sand, but The subcommittee began work In the peka ft Santa Fe railway, carrying east-er- a Is already making 500 barrels a day. Shrlners to Ban Francisco. the official The oil Is apparently of higher grads afternoon, taking up whatmore concrete described as than Salt Creek, In which field the com- communique " In a session lasting three E. pany has already a substantial produe questions committee will meet again tlon. There are four sands underlying hour. Thia once or twice.-dallythereand Monday, Colonel the field. One Is producing gas, one pro- after No la completed until its ducing oil of forty gravity, and the other date has been repoit set for the next plenary two are as yet undeveloped, but are beAnnouncement was made yesterday by lieved to have possibilities as they ap- meeting. While In thla Senor de la Huerta Lieutenant Colonel W. G. Williams, adpear to be continuations from neighbor- will have aeveralcountry general of Utah, of the promotion jutant Ameriwith conferences in ing fields. Ths company has five other can oil who are anxious to to the rank of lieutenant Incolonel, wells drilling In this field, three of which settle theproducers of the artillery units the Utah problem of oil ex- charge E. have reached the sand and show for good port taxes perplexing of national LeRoy Major guard, with Mexican the government. wells, and will be brought In ss quickly Bourne, who has been In charge of the as tankage can be set. same units tn the past. Increase tn the . Necessary rigs, pipe snd tankage are number of military units organized is re$227,075 now being moved In for six additional sponsible top the promotion in rank, and Bonds wells, which will be drilled Immediately. on major will be appointed to assume The management expects to build up of sn artillery battalion. charge Inon this property by Ruel M. Eskelson, first lieutenant, has large production The state of. Utah yesterday paid Its tensive drilling this summer, and later semiannual been promoted to be captain In charge Interest Installment on state of F troop, lltth cavalry, succeeding Capdevelop pipe line and refining facilities bonds, totaling $227,075. Of amount this e of It. care of The who Is sheriff of to taka diacotery on $162,500 Is worth of tain J. C. Llllywhlte, oil In s structure of this size is state road Interest and $7,000,000 F troop Is at BrigBoxelder county. Is from the bonds, paid considered extremely Important In oil motor vehicle fund. The ham City. Ernest Freeman, second lieu5 remaining circles. Is a direct charge against the state tenant Is promoted to be first lieutenant, taking the vacancy left by Captain Eskel-aon- s general fund. BIRTH ANNOUNCED. promotion. The balance In the latter fund ! not ' I Special teTb Trltma. large, amounting, after the payment of Inasmuch KAYSVILLE, June 2 Mr. and Mrs. yeeterday to about $210,000. George Barker announce the arrltal of a as the state general fund Is liable for son at their home thla morning. about $690,000 In state road funds advanced by the counties. It Is probable that the state hoard of loan commission R. O. Randolph and John Baxton, each will be asked within a few davs, or ers WEATHER DATA by Detectives C. weeks at least, to provide a larger bal- 25 years of axe. arrested Rosenkrants and W. M. Madsen yesW. ance In the state general fund. Somealiases of James Bass Companitlvt weather daU at Salt Lake City. what heavy demands on the road funds terday under the on of thr Burns June 2. 1922: are expected within the next few dais ami Robert Ross, In request 3ait Lake, are being 80 agency was Detective Khrhett today degrees, 'o pay for May road work. Temperature in the city Jail for the Denver auhighest- In this month since 16?4 was 101 de the state However, fund has held According to Charles E. Wood, frees: lowest last nlfbt wss 66 degrees, low "an ace In the hole In general 0 thorities. of form the est thin month since 1874 was 82 degree, mean head of the Halt Lake branch of the J3u(jis In state road bonds, which were purwaa for 06 today temperatnte degree, normal agency. Randolph and InBaxton soiJ $1000 Denver and then wi$ 6ft degrees, acmmnlsted excem since tbe chased by the general fund from the bona worth of stolen bonds of fund Issue of the 9 tend Is month redemption of the first Oefrees, accumulated came to Salt Lake. They got off the D. 1900. when It became necessary last year and took a Midvale at deficiency since Januarv 1 ta 694 degree W. G. R. train ft Humidity Dry NEb temperature at d m , to redeem those bonds In cash. The re- taxicab to Salt Lake, where they regis65 degree: wet bulb tefopersture at 6 m . demption fund of the 1917 bond Issue now tered at a downtown hotel When located 44 degreea; relative hnmldtty it 6 I m . 90 has a cash balance of something like at the hoel they could not explain why per cent; drv bulb temperature at noon, sun $111,000 snd It Is that the loan they left the- train at Midvale and time. 79 degree; wet bulb temperature at noon, commissioners will probable, Invest invited to theii- JoUrnfey by taxteab. be They nn time, 64 degrees, relative humidity at noon $116,000 of this In' state rosd bonds. This were arrested accordingly and the Denver awn time 17 per cent, dry bulb temperature will state Wncn searched at bring that amount Into the authorities notified. had at 6 p. m 70 degrees; wet bulb temperature nearly $800 In m.. 63 ngres; relative humidity at 0 general fund for needs of the present at 6 headquarters they month and at the same time prove a their possession. p m.. 21 per cent Tit.-idesirable investment. It Is thought, for the twentv four hour Precipitation ending at 0 p m sai none; total for thia the bond redemption fund. CUBAN LEADER MURDERED. month to date la none, accumulated deficiency Incidentally, so long as ths state HAVANA, Cubs, June $. Gabriel Rofor thla month to date la 10 of an Inch, total these bonds, the Interest oo them, paid to date Is n 44 out of the motor vehicle fund. goes. In man, head of ths provincial department precipitation since Jennarv Inchee; accumulated exceaa at nee January 1 ia accord with the state law, Into the genof public work and popular party candifrom , Havana 2 14 Inches This is date for tn representative state eral fund the of treasury. congress, was shot and killed 8un rises st 4 57 and sets at 7 55 June 9 considered much more profitable then to province 4iome at Vlbora, a In his be1922 morning this have It go out of the state, ths rats suburb of Havana. Victor Miranda de la WBATHER OBSERVATION TAKEN AT 6 ing 4 while the redemption cent, Is per held the Police contractor. a by Torre, P. U MOl STAIN TIME funds would draw only 2 Per cent If de- In connection with the killing. 4 per cent, 7 posited In banka, or possiblyaccount. If deposited as s savings FIRE DAMAGES HOUSE. f off!-dall- rency Urged on Public by Secret Service. well-know- n ANY WOMAN Carbon Close Examination of Cur I just wish every sick person knew about Tanlac, for Im sure it would do them worlds of good, like it has me, said Mrs. Eliza Neville, Route No. 2, Box 77, Brigham City, Utah, wife of a farmer. As long as I can remember, I was bilious spells, lasting to awful subject at times two or three weeks. I would become so nauseated I couldnt retain a thing- - on my stomach and I would go for several days on a stretch without eating. I had terrible, blinding headaches and simply suffered agony, but while I tried one medicine after another nearly all my life none of them seemed to help me any. Tanlac proved to be the very thing I wss needing. Why, 1 'm now enjoying real health for the first time within my recollection, and it only takes a little of this grand medicine now and then to keep me in fine condition. Tanlac is sold by all good druggists. (Advertisement.) WILL ANSWER TestWellin Ferris Terri -- s SwIng-JcAinso- Large Flow of Gas Struck Casper Well Argentine imports showed sn increase during the month, notably from the United States and Germany, according to the report trom Commercial Attache Feelyevi-at Buenos Aires, while exports gave dence of decline manifested principally by meat sh'pmenta. Harvesting Is normal. Uruguayan imports, Mr. Feely said, tend to remain stationary, while exports Increase. The upward tendency of business conditions In Brazil has been sustained during- the month, according to Commercial Attache Schurs at Rio da Janeiro. There was a renewal of Industrial activity In certain lines, cotton mills and shos factories especially being busy The general situation In Chile is unat certain, Commercial Attachs McQueen no Santiago advised the department, and change is likely to taka place until larger orders for nitrate have been received. There evident, he noted, an Increasing activity In the nitrate Industry which may cause the change needed in order to permit of calculation for the future regarding policies . lo bs pursued in Indus-ry aad finance. Continued but gradual improvement in basic conditions In Peru were reported by Cmtnrctal Attache Dunn at Lima. Imports have recovered from the dullness ot those past two months, while report i indicate normal crops for the year. No pronounced Improvement can be noted in general conditions In Mexican trade. Commissioner Bushnell at Mexico Cltv aserted. Banks, ho said, report that collection remain only fair snd money Is still scarce with no relief in sight. Cuban business In a number of lines has oecoms more encouraging, Commercial Attache Jones at Havana reported. Iron, steel, lumber snd other construction materials, he said, are being taken in increasing amounts and there are signs of Improvement In textiles. The sugar harvest has passed Its highest point, he stated, and If conditions continue fa orable a total output for the Island for the year o( 3,800,000 tons Is believed possible. NEW OIL FIELD Arlsona-Ne-vad- accom-paalme- The -(By -- Site for Steel Offered EAT Al- three-compa- 4 TO , Anglo-America- -- TRADE REVIEWED Trading in Financial Mar- Operation of Little Cotton Argentine Imports Increase; Idaho Supreme Court Holds Woman Says Bill for Removal to Bur Brigham City kets Attended by Unusual Business Conditions in wood Transportation Com Tanlac Proved to Be ley Is Unconstitutional. Activity and Price Rise. pany to Be Suspended. Brazil Show Improvement Very Thing She Needed, to Restore Her Health NEW YORK, June 1. Trading In ths Instructions! not to operate ths railpedal to The Tribune. WASHINGTON, June $. Varying ecoand Keep Her in Good Albion BOISE, counIdaho, June various financial markets today. Includ- road of the Little Cottonwood Transpor- nomic conditions in ing ths stock exchange, the "curb" and tation company this season were received tries during May wars reflected In reports State Normal school will remain at Shape. International currencies, was attended by by Manager Shand Smith yesterday from mads public by ths commerce department. bion. Dealings In bonds were only moderately large, the net result showing a confusion of gains and losses. Liberty bonds failed to maintain high levels of the midweek, when a majority of the entire series rose to par or better. On' the' t'utb" prices bf most Of the active Issues were lowqy, leaders of that market, especially those Standard Oil shares which are not listed on the stock exchange, easing very generally from maximum prlcee of the early days of the week. 8 14 and 14 In the broader and more Important The new tobacco products Issues confield of finance, the outstanding event of was Coal Aldcn Glen tinued heavy. Utah Sian to Speak. the dav was the further rise of British strong, advancing to 35. exchange to. $4 4784, an overnight gain Motor stocks wars generally firm. E. O. Howard, president of Welker beBrothers Bankers and chairman of the Shortly sftsr noon dealings commenced of 2 cents and the highest quotation In the stock of the North American Steel tween this center and London In over Utah agency of the war finance corpora three conyears. turn, will direct his address to a Company, representing the sideration of how the banks can materiamerger of Republic Steel and Iron. lly assist in the future development of the Midvale Steel and inland Steel. Hales0 effort. were made when Issued at 50 to 61, state through cooperative Ideals of banking will likewise be voiced shares changing hands in the first by representative members of the profes- hour of trading. of the W. vice O. Adams, president sion. Hirst National bank of Ogden, will tell FRUIT FIRM STOCK LOW. the men of finance why they should for Units of the De Giorgio Fruit company mulate and adopt a code of ethics such were offered on the local curb yesterday other a! those which associations In such a compared with the price professions as medicine teach and fol at $95.60, being asked by the salesman of H. W. low, Co. of $160 and authorized Dublskle ft The educational phase of banking wlU bs presented by F. A. Brimmer, president by the state securities commission. A unit consists of ons share of preferred of .the Utah chapter of the American Instock and three shares of common stock. stitute of Banking. $95.60 was aaked for the stock, state borders of Although the the Going beyond In their search for the best current one local broker who has been trying to Ask some for a customer for several days sell associathe on banking matters, thought tion officers have Invited J. Douhnay could get bids of only $66 and $65 per Dgy, vice president of the First National unit. Hoover to Swing bank of Los Angeles, to discuss "Ths RAILS AND INDUSTRIALS. Lconomlo Unity of the Southwest," dealecobonds of Dam. ing with the Bill by J. A. Hogle A Company ) nomic relations of Utah and ths west (Furnished Twenty Industrials 96.03, up .10. cosst financial institutions, .30. 86 off rails 2$, Twenty Both John S. drum, president of the Pennsylvania railroad system reports Mercantile Trust company of San Frannet operating Income of $6,117,307, April WASHINGTON, June 2. Power and fedcisco, and Dr. Adolph Miller of the with $3,061,680 In April, 1921, eral reserve board have been Invited to andcompared for the first four months of 1922 Irrigation development and control of aflressthe jconventlon. vaRey-o- f Cahfanrta net eamtnge of- - $30,230,069, a rr Increase of $29,125,607 over the eame period of 1921. through the construction of a giant dam To Discuss Freight Rates. Mall - order salea are slibwlng an Ina In Boulder canyon on the .'The addresses of welcome will be given crease of nearly 20 per cent for May, 1 order were dtecussed with Secreby Charles 8. Burton, vice president of 1922, as compared with vMay. 1921. the Utah State National bank and presitary Hoover today by a delegation Of dent of the Salt lake Clearing House asKING BLOCKS BILL. Californians, headed by Mayor Bacon of sociation; L B. Hampton, representing the June 2 The senate at San Diego. Salt Lake Commercial club, and Mayor theWASHINGTON, of Senator King, Democrat, request The Californians were accompanied by Neslen of Balt Lake. Joel R. Parrish, an opponent of the measure, to- Representative cashier of the Bank of Wooda Cross, will Utah,asked Swing, Republican, Calibill to the house return the day fornia, and upon Mr. Hoover, who respond for the association. extending for ninety years the life of Is chairman urged or the Colorado river comOther addressee will be made by H. W. charters banks. Action was mission, ths merits of the n Trlckett, manager of, the Traffic. Service taken on ofthenational bill by the senate during which would provide for construcBureau of Utah, who will emphasise the Mr. he said, and ha hill, of a dam at Boulder canyon, protion euonomlc Importance of freight rates; asked Kings It absence, be recalled, announcing he viding both flood control and a means of Ugorge F. Edwards, editor of the Coast would that reconsideration of the vote by power and Irrigation development for Banker; R. B. Motherwell, manager of which seek was It passed. that area. thg Salt Lake branch of the federal reserve bank; Russell Lowry, formerly of After the conference, which Mr. Swing Salt Lake, now vice president pt the said was very Interesting, Mr. Hoover American National bank of San Fransaid that the Californians had laid before him ths situation in Boulder canyon, in cisco; A. H. Sllvernall, assistant cashier of the Wells Fargo National bank of where flood control was necessary San Francisco. The delegation later met with SecreSpecial to. Tbe Tribune. tary Fall to discuss the same proposition. OGDEN, June 2. News of the strikEntertainment Arranged. of what Is said to be the greatest Summoned. Entertainment features are being ing gas well yet tapped In the Casper dis- Meeting of a which trict was received In Ogden this afterplanned by special committee, Notices for the next meeting of the H M. Chamberlain, vice president of noon by Vice President Ben Hunsaker Colorado river commission, to be held Wklker Brothers Bankers, is the chair-maor the Fargo Ott company from President Augusf'TTri'New Mexico, at a place to The Items on this program inolude W. Wethers of the eame company, be designated by Governor Mechem, a tea at the Newhouse hotel for the som-er- i, who D. le at Casper, Wyo. have been sent to the commission mema banquet at the Country club and The well is beginning with a flow of bers, it was announced today at ths a party at Saltalr. accommerce The meeting 42,000,000 cubic feet of gas a day, department. Officers of the association are Joseph cording to the report. This Is another place, It Is thought, probably will be at T. Farrer, cashier of the Provo Commery or near of from the which Fe. the Santa gas producers cial & Savings bank, president; J E. Is supplying the district with gas Minutes of the commissions meeting Shepard, formerly president of the Cache or Industrial and domestic purposes. The at Ffooenlx, Aria., and reports covering Valley Banking company, vice president: telegram is as follows; Its discussions have been transmitted to J H. Grut, oashler of the Continental Struck the gas sand In well No. 7 the commission members, and officials National bank, vice president; Mr. Mar- at a of 1111 feeL On leaving the believed It probable that a decision upon depth cussen, secretary and treasurer. Memlast night there were only about the proposed development of the power bers of the executive committee are J. field ten feet In the sand and we had an and Irrigation possibilities of ths ColoV: Peters, Brigham City; Warren U, Wat- open flow of 42,000,000 eublo feet of gas rado river might be determined at ths tle, Ogden; Eugene Giles, Balt take; Guy measured by Rockwell. This Is the larg- budget meeting Lewis. Richfield; M. H. Howies, Balt est weM ever struck In either the Poison Repreeentatlve Swing and the delegaLake, and Governor Mabey. Spider or South Casper creek flelda This tion said later that Secretary Fall had m well proved to be on the neck of the received their proposal sympathetically dome, as we struck the gas sand about but had not committed himself ss to INVESTMENT STRENGTH HOLDS. 100 feet shallower than any well In the what report he would make on the Swing NEW YORK, June A Trading In field." bonds today was mixed and uncertain bill, other than to point out that In a ott subthe to congress previous report throughout the session, but the Investment situation retained all of Its recent ject he had done all he could to further Mills the Boulder canyon project. strength, as evidenced by the speedy sale of the Republic of Bolivia 124,000,000 loan to arid several other new underwritings Expense Discussed. Liberty bonds were active, but realisfor Is the which Representative Swing, In reply to A Engineers syndicate ing sales In that division detracted from planning vigorously for the creation of a suggestion from Secretary Fall that tbe their strength, all but two of the entire steel Industry In Utah have made an In- government could not commit Itself to . series closing unchanged or at slight re- vestigation of a possible site for mills sn expenditure of $300,000,000 or actions. In the enterprise, said that under accordSt Burmester In Tooele British loans failed to reflect the fur- ing to Frank T. Burmester.county, former mayor his hill It wss contemplated that power ther strength of sterling exchange and of Grantsville. Mr. Burmester has offered users would construct their own plants French offerlnga were relatively dull. the syndicate 440 acres of land and other end transmission lines. The government, Mexican government is lost 1 point, while residents of the have guaranteed under the bill, would provide ths power thf Os were firm to strong, with Havana to provide ample vicinity water free of charge. for tho plant) he said, estimating the toElectric 6s. Brasil 8a, Denmark 8s, d The svndlcate headed by Wigglnton E tal cost of his proposal at $70,000,000, or fs and Japanese 4s. of the Pacific Gas ft $25,000,000 more than the estlmajed cost "reed, The strongest feature among domes- Electric president of the dam without provision for the company of California. Is tic bonds was Peoria and Eastern Income fostered locally bv L. F Rains, W.being W. utilization of the water thus stored as 4s which rose 3 to the Duncan MacVlchle and oth- contemplated in another proposal. points of the highest! price quoted for Armstrong. ers Various other sites have been proSwing a plan. It was Representative the common stock. Cnespcake & Ohio posed to thern. Including proposlt ons on said, 13 that If $45,000,000 Is to bs spent 4 Pennsvlvania Utah lake, at De ta and in other locali- to stoie water the government might New llaven j as Is'and St. I,ouis ft San Francisco in- ties well spend $25 000.000 more In order to comes also were higher, but most under-Hip- g utilize the power. rails and industrials were irregular. Total" sales, par value, aggregated Tintic HU, Santa Fe Chosen. 675,000. St NT A FE, N M, June 2 Governor Mines Drops to Mechetn today announced that he had LA FAYETTE REORGANIZES. advised he waa to designate the been yEW YORK, June 2 Reorganization Bpeetst to The Tribune. place for the August meeting of the Coloof the La Fayette Motors company, by EUREKA, June 2 Ore production of rado river commission, and had decided the organization of a new corporation to the mines of the Tintic district for the to name Santa Fe. He said arrangements be known as the La Faiette Motors cor- seven days ending tonight dropped back were being made to hold the session at poration. was announced todav by Lee to what is generally considered the normal Bishops Ijvdge, near the city. - A Higginson 'ft Co . bankers This week 168 carspecial weekly output. maeting of La Kajette stockholders will loads of ore were shipped, as compared Flood Relief Asked. be held here, June 20, to authorise the with the g output of 209 SACRAMENTO. Cal., June 2 Goversale of Its properties and assets to the carloads of last week new corporation and to ratlfj the transMines and the production of each for nor Stephens today made public a copy a telegram he dispatched todav to of fer of stock bv which it will be the week follows- Chief Consolidated. 66 Secretary of War Weeks at Washington, carloads, Tintic Standard. 36. Iron Blosthe new, company will be urging that steps be taken to open up som. 18, Eagle and Blue' Bell.'Ti, Viat $7,000,000 In preferred atockcapitalized ctors. 10: Grand Central. 10. Colorado. 10. what is known aa the Hauser Bend of and shares of common stock of no par Centennial Eureka, 4. Swansea, I Mam- the Colorado river In the Palo Verde (aide. The Nash Motors company wll moth, 2: Empire Mines. 2; Sioux Con . 2, valley. In order to relieve pressure of the Sunbeam. 2; Bullion Beck. 1. Tintic Drain waters which recently broke through the assysl in the new financing by subscHb-i- To$l,-16levees and flooded three towns which, for the full amount of the stock Tunnef-,-1carloads. of the new corporation to which It Is according to an official report to the govaa a stockholder of the La Fayette ernor, have elnce been abendoned. FUND INVESTED. company. The slate commission yes(Industrial PROFESSOR GILES HONORED. ,, The new corporation will be under the same management as the present com- - terday Invested $1600 from the special The following program In honor of Profor its fund control under compensation E. Giles will be given at the pur-' In cases of, double Injury or of extreme fessor H. ward tomorrow eve- In United States treasury dependency, WOOL PACE SLACKENS. certificates. The fund 'now totals about the fiftieth anniversary of Professor Gil, 2 so far has been The Commercial $6000, and no part of BOSTQN, June chorister and organist. Solo and Bulletin tomorrow will sav; some applications now ars work as Lucille used, Morrison and choir; In'The pare has slackened In the wool under although The fund is cre- chorus, Investigation Edward Cunningham and vocation; market of the country this week sl- - ated from payments by Insurmncs carriers Madeleine duet. Brown; solo and chorus. Misses though prices are everywhere maintained required In cases where a workman Is on a firm basis as compared with a week fatally Injured and leaves no dependents. Rhea Platt. Lucille Morrison and Thelma Harris; congregational song sente; solo, sgd. The country markets are very duet and chorus, the gathering; "The ACCEPTS U. A. C. POSITION. strong; even stronger than the eastern Two Prophets, Joseph and Brigham, Edseaboard markets, with ths clip of the 2. June Mies Amv Pratt ward 0. Platt, .fifteen-minut- e talk on KAY8VILLE, entire country probably close to has n el music; resurrection the of brans accepted position anthem, the choir; sold. Utah Agricultural college at lAigan Alonso W. Platt will act as conductor the 'The manufacturers have been obliged and will take charge at the beg'nnlns and Kafherlns Satotby will perform on ( to fruit r nn wnr-t So- hi -- IIL10 Clerks In Salt Lake business houses are advised to examine paper currency received from patrons by Captain Henry L. Taggart, In charge of the Salt Lake office of the United State secret service, who reports that many spurious notes have been passed here recently. He said that people readily accept a note without examining it and that counterfeiters are taking advantage of thla. Captain Taggart suggests that notes of the $5 denomination and larger be examined on both sides, as small notes are frequently raised to larger denominations and are not easily detected by persona The Inexperienced following paragraphs describing the correct appearance of tne notes will serve as an aid In detecting counterfeit money; $1 federal reserve note Front, Washington at left; back, spread eagle In center. In $1 V. S. note Front, Washington center; back, large X In center, lettered United States of America. $1 silver certificate Front, eagle in center with Washington snd Grant beornamental scroll in center, low; back, with lettering enclosed In oblong. $2 federal reserve note Front, Jefferson at left; back, battleship In center. $2 U. 3. note Front, Jefferson at left, with capttol In center; back, large 2 In scroll In center. $2 silver certificate Front, Washington In lower center, with male figure on each side; back, scroll In center, with "Two Dollars, United States of Amer' ica" printed thereon. $5 federal reserve note Front, Lincoln In center; back, Columbus sighting land at left, and landing of Pilgrims at right. $6 national currency Front; Harrison at left; back, landing of Pilgrims center. $5 silver certificate Front, Indian head In center; back. "V" In ornamental scroll In center. $5 U. S. note Front. Jackson at lower left and woodchopper snd tamily In cencircular scroll center. ter; back, $10 federal reserve note Front, Jack-so- n In center; back, reaper at left and factories at right. $10 national currency Front. Franklin experimenting with electricity left: back, "Ten Dollars! across center. $10 national currency Front, McKinley at left; back, female figure in center, r' ' ship at left. $10 gold certificate Front, Hillegas In center, back, UJ 3, coat of arms In scroll In center, )Slth ravs projecting. $10 s'lver certificate Front, Hendricks In center; back, "United States" In cen- " ter . $10 U. S note Front, buffalo In center. with Lewis and Clark at each end; back, standing female figure between two columns In center. $20 federal reserve note Front, Cleveland In center; back, train at left, steamer t right. $20 national currency Front, McCullough at left; back, female itgure and capitol at left. $20 gold certificate Front. Washington in center, back, U. S. coat of arms In center gold certificate Front, Garf.eld at right: back, eagle itv center. $20 stiver certificate Front. Manning In center; back,' scroll In center, over which Is prln'ed "United States Twenty Silver Certificate $20 U. S note Front, Hamilton at left; back, scroll In center, which Is surrounded by "United States of America." $20 CLASS TO HOLD REUNION. Members of the normal class of 1902 t the University of Utah will hold a reunion In celebration of the twentieth snntverrsry of their graduation In the John R. Park building Mohday evening at o clock, Df. John Z. Brown, funner class pres dent. Is the chairman of ths local committee in charge of the entertainment. An .Informal program. Including dancing, vill be given and refreshments will be served. LeRoy Bourne Major Made Lieutenant State Pays as Interest high-grad- $64,-67- , Alleged Robbers Held for Denver Authorities $118.-00- , . fr l a"! 1 . iff! i7 BUtioA. ?! 513 Bojts OOlflMf T Cloudy (Ml Clear 00 Clear blcago Dwirvr ( Hvltoa Laadvr (MKle.r MOCIe.r I tear Pt clrty. .16 Hala do Pt. cldy. T Cloudy .00 Clear .no Clear S-- ( 02 Modvna .Nw ork Oklahoma Omaha . J . , . .. Plywnii ... PoratHlo .. Portlaad ... Rapid Oily . . Balt Lak Ban Francisco Banta Fe . LEAVES FOR EUROPE. MOUNT PLEASANT, June 2. Mrs. D II. Duckerlng. a member of the Wasatch academy faculty, left today for New York to Join a party of friends for a summer Bftnhanc ... tour In .Europe and to witness the pres- Tonopah ... entation of the Pasaion Play" in Ober- - Winncmucra j .notPt .00 Clear .001 18 10 .. ..I Pt cldy. cldy. .OOlClear .SOtClear ,00 Clear OOiPl. cldy. .OOlCloiidy 00 pf cldy. North Summit School Budget Slash Asked pedal to The Tribune. SPANISH FORK, June 2. A houes occupied by John C. Christensen was destroyed by fire of unabout noon Wednesday. The origin known building was on the tithing office grounds, 8pctal t Tb4 TribuM. of hay and other buildings snd stacks rOALVIIJ-E- . June 2. The farm were endangered, but the fire wss extintook definite action hie evening to force guished by the prompt action of the Spana reduction In the budget ef the Nortn ish Fork fir department. Summit board of education. Recently tn bureau petitioned the county commlseion-er- s CHICAGO HOTEL MEN VISITORS. to reduce the budget but no attention E. Bllllngsby and E. W. Tobin, assl8t- O. X7Uavenlnf waa..paid.lo tlie pcttlon. hotel, oppoem me anU'hianagera of the 'BJackstone resolution wea adopted 2M perChicago, accompanied by Mr. Bllllngsby budget, and a petition staned bv asKing Hotel at the are Mrs. Tobin, guests sons was sent to the commissioner bo!1-Th- snd Utah for a few days. Thev were taken them lo dWiv the request of the as the gueeta of to Haltalr last night proposed budget O. Relf, manager W the Utah. W. b It George that k and ths $75,000, petitioners W. Whitecotton. owner of the Lsnkershim educed 20 per cent. hotel of Los Atigelee, Is also a guest at the Hotel Utah. Mr. W hltecotton was TOURIT KILLED IN COLLISlOfV born in Provo, Utah. LAMAR. Colo., June 2. Richard DAUGHTER IS BORN. of Know!., Okla.. wss Of Bert. Boseman A daughter-waIn- born Tuesday t Mo- ,.' rou8iv Knowlea tqurUts, w r htch tor patrolman snd Mr. J. V. Larseei, 982 one-etor- y, four-roo- m but! Bag-sha- w s jf |