davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08
Commodity Market News.
BY Cosmopolitan News Service.

NEW YORK, March s-Local
gasoline and Oil markets were un-
affected by price increases in gaso-
line from one to four cents gal
lon in Southern consuming points.
There has been no increase in con-
sumption or depletion Of reserves in
the Eastern territory to warrant
such a stiffening in retail prices as
has been evident in other parts OF
the country. Refiners are optimistic
however, in view Of the coming OF
spring and summer seasons, when
demand will be at its height.
Bunker Oil was again the active
center of the oil industry here,
and many large consumers have
taken great quantities on consign-
ment. Prices are steady around
81. go q barrel fob. refinery, at
which price a good volume Of for.
eign sales. can be made. Sales OF
furnace oil are also increasing.
Kerosene consumers are purchasing
sparingly, in expectation that re-
cent prices decline may be carried
a little further.
Coincident with the Petroleum
Institutes weekly report Of a de.
cline In crude oil production, comes
information Of the bringing in of
new wells in Powell and Mexican
fields. It is estimated that Powell's
new discovery will add $4,000 bar.
rels a day to the country's crude
oil supply.
The vegetable oil markets were
not active this week. Buying in
terests in linseed and cotton.eed oil
was confined to immediate require
ments and prices were slightly
lower. The quotation on linseed,
carload lots, is 95 cents though
sales have been made around SO
cents; cottonseed oil is quoted
nearly 2 cents below last years
prices.
Export demand for animal oils
has been disappointing AMI domes.
tic buyers seem well supplied with
tallow, stearin, neatsfoot, etc. Whale
and cod oils are moving actively.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08
Chicago Grain Market.

CHICAGO, March s.-Grains were
irregular at the opening today.
Wheat started u cent lower to n
cent higher, the September showing
the decline. Opening rather tame,
with buying by a prominent COM
mission house and selling by several
leading locals.
Corn started II cent higher to -
cent lower, with May showing the
decline. Scattered selling, with some
Of 1t indicating liquidation Of long
May.
Oats started steady with a mod.
crate, mixed trade.
Provisions inactive with few or.
ders in sight.
At Liverpool wheat closed the
short Saturday session unchanged to
X pence higher. Here opening
prices were:
Wheat-May. $1.11h@%; July,
$1.11% o.; September, $1.11T OLE.
Corn--May, s0hQ%c: July, $3.50;
September, SIN
Oats-May, 47%@ %c; July, 45Nc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08
UNEASY TONE SHOWN
BY SOME INDUSTRIALS
Copyright, 1894. by Star Co.. Inc, and
distributed by Cosmopolitan
News Service.)

Copyright, 1894. by Star Co.. Inc, and
distributed by Cosmopolitan
News Service)
NEW YORK. March S.-Althougn
general business today is large in
volume, comparing well with the
corresponding period of 1928, there
Is still marked unevenness among
industries.
Caution still prevails, and some
OF the big bankers are still advis-
ing customers to watch their step.
Reading financierS. however, are
the next few months.
One Of the skeptics, president of
enc Of the largest banking institu-
tons in the country, sizes the situa.
ton up this way:
Il am not a pessimist," he said,
but am advising people to be
eternally vigilant against over ex-
tending themselves.
over the long pull, I doubt
whether the present high rate Of
consumption can keep up. There
are already signs Of slowing up IN
certain fields, such as cotton goods.
Silk volume il keeping up, but
many silk firms are operating with.
out a profit.
"Over period Of years, I think
the effort will be made gradually
to get commodity prices down ana
to raise labor efficiency, thus reduc.
ing the cost Of given unit Of
work.
ANY contraction in business will
result from a shrinkage in demand
for merchandise, and not from any
credit shortage. There Is a super
abundance Of credit, and the New
York banks, especially, are In an
exceptionally strong position to take
care Of Developments"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08
TRADE 'SP0TTY,''
: REVIEW
SAYS
Caution in Buying Still
Shown by Dealers, Brad
streets Survey Reports.

BY Cosmopolitan News Service.
NEW YORK, March S.-Brad-
streets Weekly Review Of Business
said today:
Trade and industry present a
spotted appearance, and caution IN
buying for anything beyond immedi'
ate needs is still the central feature:
Withal, the, current measures or
movement present a fairly satisfac-
tory appearance.
Conditions in the leading indus
tries vary greatly even between
branches Of the same trade. Steel
production is active.
There is an appearance of soft
ness in some steel lines, but OF
firmness in others. Pig iron output
and steel production both exceed a
year ago, but while pig iron is
fairly firm, scrap is weaker.
The non.ferrous metalS-copper,
lead and tin-are higher, but some
Of the strength in copper seems
based on talk Of curtailment in out
put. Passing of dividends has do
pressed stocks of leading producers,
and some mines are reported shut
down. Lumber is reported softer.
Goal Is easier.
Expectations that the big break
in raw cotton-9 cents from the top
OF last December-with the general
marking down Of fabrics would en-
courage buying are said to have
been only partially realized. South
ern curtailment is growing. There
are reports Of good buying Of wool
ems and worsteds following the now
and generally lower prices made
some weeks ago. A big auction sale
Of carpets and rugs, while bringing
out liberal buying. has resulted in
prices 10 per cent on the average
below a year ago. Raw silk prices
continue to drop. Furniture manu-
featuring is reported at about IS
per cent Of capacity. While a large
business was done in fertilizers, It
Is said to have been partly at the
expense Of prices, and one large
concern has become embarrassed as
the result Of keen competition.
Mail order sales for February
are only a shade less than for
January and 16 per cent ahead Of
February last year.
Car loading continue to exceed
those OF other years in February"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08
Copper Improvement
Laid To Rise In
London
By CosmOpOlitan News Service

NEW YORK, March g.
"The improvement in the cop
per metal market may be &C
counted for by a number Of
reasons, the principal one being
the rise in the London mar
ket," the Engineering and Min
ing Journal-Press said today.
Another reason has been the
talk Of curtailment of produc-
ton.
$50 far as sales are con-
cerned, the amount of business
done has been light. Purchases
were well diversified among
producers and at widely vary
ing'prices, owing to the rapidly
changing market. Earlier in
the week copper sold for 1925
cents delivered.
Last Monday and Tuesday
it was sold for as high as IA
cents delivered. Today, how
ever, owing to the easier ten
dency abroad, the metal can be
had from at least two sellers
for 1875 cents delivered in
good sized tonnages."
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08

Curb Stocks.
Furnished by w. B. HIbbs & Coy
Mt Il.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-03-08

Local Stocks.
FURNISHED by W. B. Hibbs & Co..
SAT,E9

Furnished by W. B. HIbbs q COZ
SALES.
Washington Market Cold Storage
IS, $1.OOO@93, $2.OOO098, $2.0OO@93.
Commercial National Bank, 1000
142N, S0@142.
Washington Market Cold Storage
Is. $20O@93, $3O0@9S, $30O@9S,
$200@93.
Merngenthaler Linotype, 5@154h.
National Mortgage and Improve
ment pfd., 5000, 5000. ...
After call-Capital Traction, 100
96.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16

imately two million dollars for
basin and valley highways. This
money is available only when
matched by like amount appro-
plated by the state. Mr.. Green ex-
plsined. Even then the appropria-
tion IL apportioned over several
years and the amount nvailabl. this
year In case the state concurx In the
work is about sI?5.0oo for South
ern Colorado.
Frank Goff spoke on the progress
OF the drillers ut the Hooper oil
well which Is now In progress and
below depth OF $500 feet.
Herbert Martin gave n report on
the membership drive OF the Com
mcrcial Club which has been under
taken by the American Legion. Hc
says the Commercial Club member-
ship has now reached i75 and stin
growing so Monte Vista can look
forward TO the lnrges, membership
In the history of their commercial
organization.
An Interesting diversion on tho
program WAS two clever readings
given by little Miss Francis Barley
who proved herself u little star nt
entertaining.
c. Il. Hart is chairman for tho
next program and the luncheon will
be- served at the Baptist church.
We neglected 10 mention In tho
report OF last weeks business mems
luncheon. tho talk made by W. II.
0off on the Stampede. Mr.. Gon 10
ooc Of the best boosters for the
worth while things Of this burg and
hs 10 strong for the Stampede which
he declared 10 the best ADVERTISING
medium ever attempted. BY Moste
Visa. He voicsd the sentiment q
the sstirs assembly II ssasias tAas
tAs otan1sls sheuld sst b a.
saf1s1.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16

ers. and the following from letter
sent to growers by the Associated
Fruit Co., of Delta is probably rep
resentative of the general opposition
sentiment:
I'VE have the same statement to
make that we offered last year. viz:
that we are not opposed to Coop
erative Marketing, but We did say,
that the plan proposed by Aaron
Sapiro would not bring the desired
relief to the farmer. because 1t was
first and always a huge promotion
scheme with fat and juicy pickinks
for the promoters"
The cooperative marketing idea Is
endorsed by some OF the best think
ers of the country and has been ad-
vanced at different times as
remedy for farmers ills. The files
of this newspaper show that AlOnzo
Hubbard tried to organize the farm
ers OF this valley to market COOP
eratively 35 years ago. but without
success. The fault does not seem to
be In the principle but in the man
ner OF Its application.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
TOPICS OF GENERAL INTEREST MARK
PROGRAM AT BUSINESS MEMS LUNCHEON

A lively luncheon session was en-.
1oyed by sixty business men ~ the
N. r. church dining room Monday
when the Dorcss society served.
Olin Beatty WAS the chairman OF
the meeting.
The program was one of talks
and discussion by business men. A..
d. Ford who has been away from
the valley several years but recently
returned gave an appreciative talk
on the San Luis valley, emphasiz-
Ing his Joy at returning after living
In several cities and states. includ-
ing California. since his departure
from Monte Vista.
John Green spoke on state high
ways and the road work In progress
In the valley. He took occasion to
explain the federal road fund which
includes an appropriation OF approx
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
POTATO GROWERS NOT SATISFIED WITH
this YEARS RESULTS OF COOPERATIVE
MARKETING; HOPE FOR BETTER FUTURE

The last payment received by the
potato grower members OF the Co.
operative Marketing Association
brings the average price. received by
them up to about so cents, we are
informed. This may be increased
some by further small dividend
but II is safe to say that the price
paid by the association to growers
Is less than that paid by indepen-
dent buyers.
The shipping season Is practical
ly over and the Journal has con.
suited with several Of the growers
In the cooperative association as to
their judgment Of the merits OF the
cooperative marketing plan and the
consensus OF opinion is that the plan
as conducted during the past season
10 not satisfactory. but members
feel that with shorter time pools,
receipt OF a good proportion Of their
money at time of loading. and hand
ling of their own sales agency, the
scheme will be satisfactory.
There does not seem to be much
opposition to cooperative marketing
itself. even among Independent buy
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
FAMOUS MAMMOTH NINE ATPLATOR0 TO
BEPUT N WORKABLE SHAPE this YEAR

Additional news OF activity in the
Platoro mining district this summer
In included In the announcement of
the Mammoth mine owners to worA
their property this year.
The Mammoth mine which has
produced hundreds OF Thousands of
dollars has been allowed to lie Idle
for u number of years and conse-
quently there Is great amount of
work to he done In getting the
property again In shape for inteiii-
gent mining. The main tunnel is
badly caved and the shafts OF course
are full OF water. This will neces.
state the employment OF number
OF men and probably what most in
terests the company at this time is
the problem OF securing repairs to
the Toll road no that supplies. pro.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
new MEXICO CENTRAL MAY build new
ROAD into SAN LUIS VALLEYFD.&RC
FAILS TO BROAD GAUGE Line TO SANTA IF
Ceatral Road Head Says Delay in Forming /,
Standard Gauge Outlet is Regrettable and
Cause Of Great Loss to Valley and State

shippers from valley points into
New Mexico. Arizona and California
must stand the extra expense Of
transferring from narrow gauge to
standard cars at Santa Fe and In
order to compete in these western
markets prices are correspondingly
lowered to the producers OF the val
ley.
In 4 recent interview in Denver
Mr.. Munox pointed to the COM
petitive condition which q change In
the Rio Grande narrow gauge to
standard would bring about between
the Union Pacific. Missouri Pacific.
Santa Fe and Rock Island roads. In
referring to this matter he said.
1T seems regrettable that such q
thing should be delayed. Denver and
Pueblo are losing \ world OF bust
ness by 1t every month. The San
Luis valley would be benefited
greatly too for It would open way
to shipment by 4 direct route OF the
products from that highly fertile
district which Il one of the things
proving 4 drawback there now.
The railroad head said eastern
capital is becoming more and more
interested In this part Of the coun-
try and New Mexico and a. = result
predicts extensive development.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
Young Folks Have
Narrow Escape IN
Automobile Smash

Five young people who figured In
an automobile smash-up q mile and
4 half north OF the Rio Grands
bridge on the Gun-barrel road last
Sunday evening are thankful to be
alive and are still puxxling over
their lucky escape practically with
out injury.
The car. Maxwell touring car.
turned turtle while moving at the
rate OF 62 miles an hour. or better.
At least the speedometer registered
that rate when what was left OF
the car was pulled out Of the ditch
and tOwed In. Evidently the car
took nose dive into the ditch and
then turned completely over. In
some manner the bows of the top
upheld the weight Of the car as IL
overturned and probab bly, thus saved
the lives OF the occupants OF the
car. The radiator. hood, windshield
and steering apparatus OF the car
was = complete wreck. although the
engine was uninjured.
The car was owned by w. A.
Jennings and WAS driven by Wendall
Jennings. The party included Audrey
Wells. Lorraine Love. Clarice Barber
and Pearl Meyers. The Jennings
boy was the only one TO receive any
injuries and he suffered only = few
minor bruises. The party had driven
out on the Gunbarrei road several
miles and were returning to town
when the accident occurred.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
BUREvDRD'a, FRIENDS URGE
MIN AZ DISTRICT ATTORNEY

Friends of Attorney Louis w.
Burford Of Del Norte are urging him
to make the race for the nomination
of District Attorney At the Republi-
can primaries this fall.
Mr.. Burford is qualified to fill
the position asd. judging from his
popularity In Rio 0raude county.
would make a very formidable Op-
ponent both In the primaries and
In the general election. Alamosa
county 10 said to be strongly In
favor Of Burford over the present
of the office.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16

visions and necessary equipment can
be transported to camp.
Charles Barnes has already start
ed 4 crew of men to work on the
road above Silver Lakes so that
hauling may be done to the Chelan
mine.
Monte Vista lis the logical supply
point for the Plstoro district and
1t would seem to be good business
for the town to assist In making .
first class road to that camp. Be
sides the mining boom In contempla
tion. Platoro and the Conejos river
offer some of the best camping and
fishing of this whole region which IL
an added inducement for the expen-
diture OF some money on road re-
pair work.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
GOOD SHOWING AT
HOOPER OIL WELL

The revelations Of the big rotary
drill going down In the Hooper oil
well Is raising the hopes OF the
directors with every added foot OF
depth. The latest indication OF sue
cess Is u showing OF lime at depth
OF 1851 feet.
This indication means the drill IL
likely to strike the cap rock ut any
time. The drill Is now passing
through hard brown shale and at a
depth of 2s0l to 2S07 an unmistak.
able showing OF petroleum gas was
which at this depth IL
one OF the surest Indications Of oil
beneath the cap rock for at this
depth all possibility of seepage OF
marsh gas are passed.
The directors Of the Hooper pro-
jsct have secured one OF the finest
rotary drills 0btainable and have
secured one of the most famous
dHllers. Jack Calvert. to pilot the
drill down to the oil sands. This
drill In itself Is sight worth max
lag the thirty-mile trip to Hooper to
view, for II Is the first and only drill
OF this kind to be brought into the
valley and = drill not often encount.
cred even In the older oil fields un.
les II Is = deep drilling field as In
Wyoming aud In some California
fields.
Jack Calvert. 4 driller with many
years experience. and many big pr.
ducing wells to his credit. is betting
strong on the Hooper well and says
he IL ready to bet his hat and 90
without 1t until they reach the oil
In the Hooper we'll. He says the
structures are very similar to those
encountered In California In some
OF the big susher fields and he
firmly believes depth is the only key
to success for the San Luis valley
drillers.
AAoqt 7se people are financially
ints5k&{ed In the Hooper drilling
project and In case the drill goes
through the cap rock these people
stand TO reap fortune. The direc-
tors control state leases on 10000
acres Of leases in the valley and are
holding their capitalization at a
very low figure. aiming only to
finance the drilling proposition
thereby,
A special invitation In extended to
all stockholders and any one else
Interested In seeing the big drill
work to visit the Hooper well and
watch the drill 20 down.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
ADVERTISING MATTER
FOR STAMPEDE WILL
Be WIDELY DISTRIBUTED

The dates Of the big annual event
Of the San Luis vaiiey--the STAN.
pede at Monte vista-arc July 30
and 81 and August I. 1924.
The Stampede committee have
already commenced their sdvcrtis.
ing campaign and II will not bc
tAcir fault II the greatest crowds In
the history Of this valley IRE not
attracted here this year. Il 10 the
Dsrposs Of the committee TO plaes
The sAvastssss Of the ssn Luis val
10y. - veil - The oeampsds itself.
besere the Deeoas u The east aal
hat eagAA - bsiag tAsa u lasgs
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16
JOE DURAN REGEIvEs
FINE AND SENTENCE

II Is reported Joe Duran received
\ jail sentence Of 80 days and = fine
of $500 At the hands OF the Federal
court In session In Pueblo.
Duran was cited 10 appear before
the grand jury In Pueblo on =
charge Of violating the prohibition
law and selling whisky to minors.
Monte Vista journal and Monte Vista graphic-reporter., 1924-05-16

The annual banquet and dance Of
the Monte Vista High School Alumni
Association will be held In the Arm
ory on the evening OF Friday. May
%.
The Birmingham age-herald., 1924-11-09
DINKLER ADDS
 2 MORE HOTELS
$3,OOO,OOO Involved In Huge Southern
 Trade

A hotel transaction invloving over $3,000,O0O has been consummated by the Dinkler Hotel company, it was an- nounced Saturday by Carlin Dinkler. By this deal the Ralston hotel at Co., lumbus, Ga; and the Andrew Jackson, 4O0-room hotel to be completed in Nashville by August 1, come under the management of the Dinkler system,
 When the new Piedmont hotel in Bir- mingham is completed, tlere will be seven hostelries operated by the Link Ter company. In addition to the hotel Tutwiler, the company operates the Piedmont and Ansley in Atlanta, and the Phoenix in Waycross, Ga.
 / At the same time Mir. Dinkler stated that the 12-story addition to the Tut -wiler, announced last Sunday, would be constructed without any interrup- tion of service in the present hotel. At the time the present structure was erected elevator shafts for the addition were built and all construction mater ials will be moved up these shafts. Guests in the hotel will be unaware that an addition is being erected, it was said.
 The Andrew Jackson in Nashville is to be second only to the Tutwiler, Mir. Dinkler added, and when com pleted is to cost over $2,0OO,OOO. Be- sides extending the Dihkler system into Tennessee. the new hotel will fill a need in Nashville, as hotels in that city at the present time are over crowded.
The Birmingham age-herald., 1924-11-09
PLAN PROTECTION
 OF BUYING PUBLIC

Measures are now being prepared to be brought before a number of states at the forthcoming sessions of their legislature for setting up safeguards for the general public in real estate deal ings through the passage of real estate license laws. In addition number of states already having such machinery for shutting out the interruptions real estate dealer will have before their leg islatures amendments to strengthen their existing laws.
 States where license bills are already formulated or where such measures are under discussion include: Connecticut, Pennsylvania, North Carolina, Florida, West Virginia, Indiana, Ohio, Kansas, Nebraska, Colorado, Texas, New Mex ico. Washington, Oregon and Idaho.
 Realtors in various states are. leaders in the movement to set up qualifica- tions as to character and competency for persons engaged in business in- volving the investment of savings, and concerned with technicalitieS such as title, building restrictions, and the like, with which the average purchaser has had little experience.
The Birmingham age-herald., 1924-11-09
BROWN ENTERS
 REALTY FIELD Daddy Of Skyscrapers' To Open Offices
 November IF

Eugene l.. Brown, known as the "Dady of Birmingham Skyscrapers' through his promotion of huge building projects here a number of years ago, will return to the realty business after m absence of 15 years.
 MT. Brown will open offices on the ground floor of the Brown-Marx build ing November 17. his birthday. He will operate an agency handling a general real estate business independently of his firm, Brown Brothers and company which now acts as representative of the Brown-Marx and Woodward build ings.
 Although MT. Brown has not been active in property or its development in Birmingham for several years, he has successfully launched and managed ex- tensive construction programs in New York City. In association with Allen II. Woodward he has erected around 1.500 small homes in sections of New York.
 The name, ''Dady of Skyscrapers, ,' was given Mir. Brown through his Identification with early building here. With Mir. Woodward he promoted the Woodward, First National bank and Brown-Marx building.
 Mr. Browns operation here, it is said, may later be extended to the field of business and housing development, but this has not been definitely de- cideed upon.