davidaulloa/AmericanStories huggingface dataset:
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23

man Mcneil and Appelgren and At
torney Foor on a committee to secure
a pest house for the City.
Communication.
A communication from the Union
Trust Co. Of Spokane, Washington,
was read, the communication was re-
garding special Improvement district
bonds and the City attorney was in
structed to confer with the County
authorities regarding the matter.
Claims.
Moved by Alderman johnson that
all bills be allowed as audited, sec
onded by Alderman Mcneil and car
ried.
The following claims having been
audited, warrants were drawn for the
respective amounts.
Andy Mathy, labor on s~treets,-$ 4.5O
Imperial Elev. Co., coal for the fire
Dept. 14.45
W. V. D. Chapman, 9 men at Pipal
fire 27.00
.arlock Packing Co., engine pack
ing GIG
Gross, grader share $40
Lester Gross, repair lawn mower
ESQ.,
Kelly Bros, pump house supplies
$50
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
Che Dhu
OF
Superstition
By II IRDING KING
KILLING FROGS OR ToADs

IT Is a superstition common in this
4 and many other countries, and one
remaining from ancient times, that If
you kill a frog, or a toad, your cows
will go dry, or at least give bloody
milk. Frogs and toads are of the same
family n is the farmer brother and
the other the sailor.
In the ancient cults it is the frog
which is generally spoken of, though,
from some of the archaic representa-
tions and some Of the myths, it is evil
dent that the distinction between the
frog and the toad was not always def
nitely drawn. For general purposes
Of superstition the two batrachias
may be taken as one. The frog was a
sacred creature among the old Egyp.
tians in some places it was embalmed
after death and 1t was honored with
sculptures on the tombs of Thebes. A
volume might be written on the frog
in Egyptian mythology. The Romans
got their generation of the frog from
the Egyptians and the modern italian
regards the figure Of a frog as a pow
dhlulCl dSdlA1ol tuC Gfll eye. 1dI-
urally 1t brings back luck to kill the
sacred creature.
AS to why the killing of a frog or a
toad should have a particular effect
upon cows, 1t may be said that, while
the frog was In general the symbol of
Ptah, the god Of the reproductive
forces not solar, it was, in some places
and in certain connections, used as the
symbol of Isis.
And Elworthy says:
ut is said that the Egyptian Isis
was born at Argos and that she is iden-
tilted with the c~ow-shaped 10, who was
the same as Hera, and both are repre-
sented in Egypt, as well as In Greece,
with cows horns"
90 by Mcclure Newspaper syndicate.)
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
OF
The CITY COUNCIL

Minutes of a regular adjourned
meeting of the City Council Of the
City Of Wolf Point, Montana, adj
Toured from October 18th, held at the
City Hall the regular meeting place
Of the said Council October 18th,
1924, at 8 o'clock P. M.
Roll call.
The meeting was called to order
by the Mayor and the following mem
bers answered roll call:
Mayor Thompson, presiding.
Alderman Johnson, Mcneil, Appel
gren and Dewitt.
Attorney Foor.
Clerk Williams.
Absent:
Alderman Ferguson and Cherry.
Reading of Minutes.
The minutes Of the previous meet
ing were read, and it was moved by
Alderman Dewitt that the minutes
be approved as read, seconded by AL
1erman johnson and carried.
Mayor Thompson appointed Alder
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
OFFICE OF
CITY TREASURER

Butte, Montana, Oct. 18th, 1924.
Montana Mining Association,
Helena, Montana.
Gentlemen:
In response to your inquiry, this will certify
that the Davis DAILY Copper Co. paid City Taxes
to the City of Butte for 1923 as follows:
Mining claims, buildings, and
machinery and supplies------$ 81 ,112.12
Net Proceeds ...--..------.-..-. 994.83
TOTAL So, 1O6.95
Yours very truly,
(Signed: JOSEPH E.. RILEY,
City Treasurer.
j. MCCARTHY, Deputy.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
OFFICE OF
COUNTY TREASURER
Silver Bow County, Montana.

Butte, Montana, October Il, 1874.
Montana Mining Association,
Helena, Montana.
Gentlemen:
In response to your inquiry this will certify
that the taxes paid by the Davis-Daly Copper
Company for the year 1928 on its mines, ma
chinery, net proceeds and other property in Silver
Bow County amounted to the sum Of $13,228.72.
This does not include its City taxes or State
License Tax.
This office did not certify to the Tax Com
mission or any one else that the entire taxes of the
Davis-Daly Copper Company on the net proceeds,
machinery, surface ground and everything for
that year was the sum of $3.50, or any other sum
less than $13. 228.72.
Yours very truly,
(Signed) H.. A. MCINTYRE,
County Treasurer.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
How a Tree Grows

A popular belief seems to be that
a scar on a tree trunk grows up
ward with the tree" Such, of course,
is not the case, says Nature Maya
zine. A blaze mark struck shoulder
high by a trapper a hundred years
ago will still be shoulder high today.
A tree expands in girth with the sea-
sons, but greater height is attained
only by new growth at the top.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23

The Montana Mining Association has in it's possession the original certificates from the Cou
of Silver Bow County Montana AM the City Tr@suuero of Butte Montana, h
ing DavisD DAILY tx payments as given above. The certificates from County TreasmrM Gnt
and City Treasurer Riley read as follows:
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23

The Governors statement as to the 100000 value
of the Davis-Daly property is equally as erroneous as
his statement of the amount of taxes paid. The facts
are as follows:
The Davis DAILY Copper Company owned a number
of mining claims adjoining claims of the Anaconda
Copper Mining Company. Ore-bodies at great depth,
two thousand feet or deeper, had been developed in
the Davis-Daly ground, and it was claimed by the
Anaconda Company that these ore-bodies had their
tops, or apices, in the Anaconda Company's ground,
and were owned by the Anaconda Company.
Serious controversies arose. One suit to recover many
millions of dollars was instituted by the Anaconda
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
GOOD RETURNS ON CAR

Sam Mcdonnell reports that the
car of wheat he shipped to Minneapo-
lis over two weeks ago graded No. 1
Hard, weighed 62h pounds and sold
for $1.63. The weight at the termi-
nal was within ten pounds of what
it was billed from here.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23

Louis Faltys, a farmer from Clark
son, Neb., was here last week and
bought 1000 head of sheep and
shipped them home.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
Ablin Oil Co., pump house supplies
Adiournment.

Moved by Alderman Johnson that
the meeting be adjourned, seconded
by Alderman Appelgren and carried.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23
Governor Dixon Stated
in his speech at Dillon, Sept. 2e, 1924:

in his speech at Dillon, Sept. 26, 1924:
II am sorry I couldn't get the county treasurer
to give me some yard-stick of measurement here;
but here>is what the Metal Mines Tax really
means. I think I can give it to you so that you
will understand it. Last February the Davis-Daly
mine in Butte was sold and bought by the Ana
conda for three million dollars. They had gotten
into a little litigation in the federal court, and
finally a majority of the stockholders sold to the
Anaconda for three million dollars in cash. That
was last February-the Davis-Daly mine. And
Mcintyre, the county treasurer of Silver Bow
t Hoo ny 1 0eggll ne tb 10 t thg tax nif TGmlp doiior cash sab' d snI
was $2,549; that was the entire taxes, net pro-
ceeds, machinery, surface ground and everything,
on a three-million- dollar sale was $2,549."
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23

This is a time when rigid economy must be practced and enforced by
men who are properly trained and qualified to handle the important business
interests and responsible administrative affairs Of the State of Montana.
Ny record shows a business administration as understood by a business
man, and I will continue to fight ineficiency, waste and unnecessary spend
ing Of the States resources.
FOR BUSINESS EFFICIENCY PUT A CROSS IN THE SOTARE AS
SHOWN ABOVE AT THE ELECTION, TUESDAY, Nov. 9TH, 1924
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-10-23

Company against the Davis-Daly Company; counter
claims were made by the Davis-Daly Company; each
company claiming the other company had mined mil
velopment at great depths to prove these contentious
was tremendous.
The result of the whole situation was a compromise.
including the settlement of all controversies, the release
by each company of all claims against the other and
the conveyance of the Davis-Daly properties to the
Anaconda Company, all in consideration of the pay
ment by the Anaconda Company of $4,000, 900.
Mr.. Dixon Jumps to the conclusion that the amount
paid, ($3, 000, OO0), was entirely for the purchase of the
property.
Evening star., 1924-05-21
CHICAGO LIVE STOCK.

CHICAGO. May 81 Omitted States De-
partment of Agriculture) ).-Hogs-Re
ceipts, $4,000 head; moderately active
mostly 10 lower: spots. 10 to 15 off on
lightweight: quiet shipping demand :
bulk. good and choice 24O to 325 pound
butchers, 7.50a765: top. 1.65; desirable
100 to 210 pound averages, 7.40aa-55
bulk. better grades, 140 to $50 pound
averages, 6.90a7.30. packing sows, large
ly 6.75a6.90: killing pigs dull, 25 lower !:
bulk good and choice 120 to $50 pound
averages. 6.00a6.40.
Cattle-Receipts. 10000 head; most
killing classes slow; beef steers uneven.
10 to Is lower: bidding % off on better
grades. heavy steers in spots; liberal re-
ceipts killing quality fed steers. largky
medium handy and strong weight X
predominating early top matured ste
114O: some held higher. numerous loa6s,
s50a1065: four loads Colorado fed bul-
locks, 1870: best yearlings early, 1880
few loads Missouri yearlings held al
100: she stock about steady; lower
grades fat cows, Gamers and cutters
moderately active: bulls, steady to
weak best heavy bolognas. 5.a5: veal
ers. slow. generally steady; packers
paying upward to 100. outsiders up to
l1.5O: half-fat qualified weighty steers
to Mineral Point. Wis, 11.00.
Sheep-Receipts. 5000 head fat
lambs. slow early sales steady to weak
new bidding lower; fat sheep, weak 10
shade lower; desirable clipped lambs
1475a152o; spring lambs. better grades
17.00a17.50: choice fat clipped ewes,
SIS.
Evening star., 1924-05-21
NEW YORK PRODUCE MARKET

NEW YORK. May 81 tSpeciaD.-
Trading on the local wholesale markets
was rather dull and draggy today.
Prices on old-crop onions and potatoes
were slightly lower. Other commodities
were about steady.
Yellow. No. l, onions brought mostly
1.50 to 100 per 100-pound sack
Upstate round white, No. 1, potatoes
brought mostly 800 to 80 bulk per $50
pounds. with fancy stock as high as
3.25. Sacked stock brought mostly ESQ
to $50 per 150-pound sacks. New crop
Florida Spaulding Rose. No. 1, pota-
toes brought 500 to SO: No. ,. 800 to
5.25.
The carrot market held steady at
$50 to 1850 per barrel for old crop.
New crop brought 900 to 11.00.
Asparagus was in moderate supply
with the market easier. Most sales
ranged from 200 to 400.
Spinach brought $50 to $50 per bar
rel and 1.25 to $50 per 32-quart crate.
Rhubarb was in moderate supply, with
the market steady at 200 to 800 per
100 punches.
The depa rtment Of farms and markets
advised purchasers and shippers not to
expect an exceptionally active market
preceding Memorial day. May 80. In
deed, the department expects a cur
tailed demand. Since the holiday falls on
Friday, many New Workers will spend
that week end out of town.
Evening star., 1924-05-21
BOND MARKET TREND
is TO HIGHER LEVELS
Progress Slow But Sure, With Few
Outstanding Prices Noted
in Today's Trading.
BY GEORGE II. HUGHES,

Special Dispatch to The Star.
NEW YORK, May 81. - The bond
market resumed today its very slow
but very sure progress toward higher
levels, momentarily interrupted by
passage of the bonus bill. There were
Few If any outstanding advances in
prices today, but sentiment was i'm
proved and demand for sound secur-
tiles appeared to be increasing.
Dealers comment upon the small
amount Of bonds coming into the
street for sale. Recent new financing,
with few exceptions, has gone very
well. The successful placing of s15,-
100000 Great Northern SIS without a
public offering was taken to indicate
very satisfactory condition.
Foreign Issues Prominent.
Foreign bonds were unusually
prominent in today's trading, the
leading place being taken by Belgian
issues. Belgian 72s sold in large
volume above 1903, within a fraction of
the high of the year. French Ss and
French 712s were traded in heavily,
the Ss selling almost at the top
price of 1924. French Cities 6s and
Seine Is did better
There was not much change in lib
ertyS, but the draft was upward. The
same was true of the high grade rails
and industrials. Fractional advances
were made in Union Pacific first As
and American Telephone and Tele-
graph collateral trust 5s. Colorado
and southern 4l2s made a new high
for the year. Southern Pacific re-
funding As were very strong Chesa-
peake and Ohio convertible 5s were
the feature among the middle gra de
bonds. advancing in sympathy with
the rise in the stock.
Status of Speculative Rails.
Among the speculative railroad d
issues the short term st. Paul As
were a trife firmer Seaboard Air
Line adjustments gained point
Other Seaboard honds found better
arket. Speculative industrials were
again irregular. Wickwire Spencer
Steel IS dropped a point. The prin-
clpal weakness. however. appeared in
the Intcrborough list. Reported dis
agreement with employees over wages
was responsible
II was reported that the difficulties
IN the way of the proposed capital
readjustment of the Public Service
Corporation of n. j. had been over
come and that the new So per cent
bonds would shortly be issued. New
York Centrafs s45.000,O00 equipment
issue was also expected soon now.
Evening star., 1924-05-21
BETTER TONE IN MARKET.
Prices Today Show Improvement
Over Yesterdays Quotations.

Er tho Associated Press
NEW YORK. May 2I.-Stock prices
developed an irregular tone at the open
ing Of today's market. rejecting the
play OF opposing speculative forces for
control
Buying of the coal carriers including
Delaware and Hudson. Chesapeake and
Ohio, Norfolk and Western and Phila-
delphia and Reading Coal and Iron.
stimulated an advance in the general
market. which was accentuated by short
covering in d number of industrials and
spccialties. chesapeake and Ohio
reached 19i4. the highest level in ten
Years. Delaware and Hudson rose )
points. and gains of ] TO points were
registered by Dupont. Republic Steel,
Dawson Chemical, United States Indus
trial Alcohol. New York Dock. Philadel-
phia and Reading Coal and Iron. Colo
RADIO Fuel. United States Cast Iron Pipe,
Gu'f States Steel and Baldwin.
Foreign exchange opened steady.
Steady accumulati of highs grade
railroad shares had a tonic effect on
the rest of the list and prices slow
ly forged ahead despite the light
volume of trading. Delaware and Hud-
son mounted Az points to ia, the
highest level of the year. Announce
ment of an increas" in automobile
prices in the General Motors group
impaired tirmer tone to motor
shares and several Independent steel.
oil chemical and equipment issues
), ored moderate gains. Call none
opened at per cent.
The closing. was strong Both n
Chesapeak and Ohio and Nickel
Plate crossed 50 to new high levels
for the year in the final hour. and
oils. coppers and public utilities also
moved up on short covering.
Evening star., 1924-05-21
EVERYMAN'S
INVESTMENTS
By George T. Hughes
Twentieth Article.
4 Sharp Distinction.

Ii is remarkable how few otherw..
intelligent people do not understaEd
the difference between stock AMI
bonds. l am often asked whether tn
or that stock is good investmcnf.
the inquirer adding that he want
first of all safety of principal Non
strictly speaking there is no such
thing as safety of principal in
stock. The only way a stockholdrr
can obtain the return of his moHe&
is by sale of the stock in the opeu
market. and then he has to take til,
market price, whatever that may b.
Sometimes it is higher than the pric"
he originally paid, and sometimes II
is lower. In either case lie has NJ
recourse. There are some >tocks
mostly high-grade' preferred issues.
which are so stable in market pr :"
and in earning power, even under sd
verse conditions in industry, that
they may be fairly termed invest
ments. Such stocks command a mar
ket price which varies only with the
current charge for money, but these
are the exceptions, and even irert
the only way to obtain a return of
the principal is to sell the stock. Now
it is quite different with a bond. \
bond has a definite maturity d4tr;
must be paid if the corporation is
solvent. A bondholder is a credito':
stockholder is a partner. The boHd,
holder lends his money at an agreed
upon rate of interest for a defiritc
length of time. The Stockhoider
takes all the risks of business mis-
haps in return for share in business
successes. There is no comparison
between the status of the two. ThiS
does not mean that all bonds are
good investments and that all stocks
are speculations. Partnership il one
enterprise may be safer than IN, loan
of money to another. Each case must
be judged on it's merits always, how
ever, bearing in mind the sharp dis
tinction between stocks and bonds
Copyright, 1924. by the Consolidate fed Press =
associationb -
Evening star., 1924-05-21
CHICAGO GRAIN MARKET.

CHICAGO. May 21-Less favorable
crop reports from the southwest and
west together with export buying at
Winnipeg and an upturn in Liver
pool quotations, gave the wheat mar
ket here an upward swing today dur
ing the early dealings Offerings
were light the legislative outlook at
Washington having deterrent effect
on sellers. Need of rain in Western
Kansas and Western Nebraska at
tracted special attention. The open
ing, which ranged from Is to LAS
higher. with July 1.0624a1.067s and
September 1.07T, was followed by
moderate additional gains.
Corn and oats were frmer in
sympathy with wheat and as a re-
suit of meagerness of receipts. Be-
sides, some improvement of shipping
demand here for form was noted.
After opening unchanged to half cent
higher, July 1854, the corn mark ct
scored a slight general advance.
Oats started at shade lower to %
higher. July A., and later hardened
all around
Provisions were weaker owing to
in
Evening star., 1924-05-21
COTTON MARKETS.

NEW YORK, May 21.-Unfavorable
private weather reports today, both
daily and weekly, led to an active
demand for cotton at the opening,
and an advance of 20 to 20 points in
first prices. Subsequntly support from
Wall Street and Liverpool in connec-
ton with active local covering car
rid May up to 31.90 and October to
1918, representing 35 to 45 points
net advance.
Weekly reports indicate that owing
to cool nights the crop had not held
its own during the past week. and one
report declared that 1t was now ten
days to three weeks late over the
entire belt. Local profit taking and
selling by the south and spot houses
was eagerly absorbed and at the end
of the first half hour the market was
at about best levels.
Active covering in the May position
at midday advanced it to 3210 or 65
points over yesterdays close, the
general market showing AZ to 50
points net advance. Wall Street was
an active buyer of old crop positions
and there was good outside support
of late months based on the continued
bullish crop and weather adyices.
NEW ORLEANS. May 21.-The cot
ton market opened firm despite in
different cables. Although first
trades showed gains of only ! to 10
points, prices soon advanced rapidly
owing to reports of rather extensive
rains in the interior. July soon
traded as high as 1925, October at
24.96 and December at 24.68 or 38 to
A points above the closing of yes
terday. Trading was very active
and the advance was well maintained
awaiting the weather map and the
weekly weather report of both of
which are expected to make a bullish
showing.
LIVERPOOL. May 21.-Cotton. spot,
quiet; prices easier Good middling.
1912; fully middling, 1897: middling,
17.42; low middling, 1857; good ordi-
nary, 1851; ordinary, 1901 Sales
5000 bales. including $500 American
Receipts, 1000 bales, including $500
American. Futures closed steady.
May. 1884; July, 1881; October, 1899:
December, 14.54; January 1444:
March, 14.31.
Evening star., 1924-05-21
DIRECTORS REELECTED
BY TOBACCO GROWERS
Cooperative Association in Session
at Raleigh, N. c., Announces
10000 New Members.

RALEIGH, z. c.. May 21.-Twenty-
two of the twenty-five directors of the
Tobacco Growers Cooperative Asso-
citation were reelected here today
when the result of the poll of the
10000 members was made public
Three of the directors were reap
pointed by the governors of the three
states comprising the association.
Tobacco deliveries to the associa-
tion increased from 1853, 100000
pounds in 1928 to more than $50, ,000,-
600 pounds in 1923-24, according to
reports submitted to the board. An
nouncement was made of the distri-
button in a few days of another mil
lion dollars to tobacco growers in
eastern North Carolina.
Ten thousand new members were
added to the association during the
year just ended, it was reported to the
directors.
New directors elected were as fol-
lows: W. L, Gardner of Danville, Va
to succeed Frank o. Mccormick; A.
M. Dumay of Washington, N. c., to
succeed j. v. Cobb of Pinetops. NJ c.,
and T. T. Hawk of Norlina, n. c., to
succeed Clyde r. Harris of Mapleville,
n. c. Directors reappointed by the
governors were DR.. Clarence Poe of
Raleigh, for North Carolina; Oliver
J. Sands, for Virginia, and E. c. Epps,
for South Carolina.
Evening star., 1924-05-21
SOLDIER BONUS, TOPIC.
Bankers Discuss Effects of Enact.
ment on Bond Market.

BALTIMORE, May 81 Especially -
There is wide difference of opinion
among Baltimore investment bankers
relative to the effect the enactment
of the bonus bill will have upon the
bond market. Some are of the opin-
ion that it will not exert the unfa-
vorable influence it would have had
had it become law earlier in the
year, when funds We're not as abun-
dant as they are today. 'e,.
Those who hold this view say that
the heavy accumulation of money and
the indications that the process will
continue until crop demand for cash
begins in August will more than Off
set the bad effects of the bill. They
do not disguise their belief, however,
that defeat of the measure would
have further stimulated the market.
Others believe that the bonds law
will tend to weaken the investment
situation in that 1T decreases the
chances of scientific reduction in fed
eral taxes.
Banks find it increasingly difficult
to employ their idle funds Prevail
ing rates are 51a and per cent for
commercial loans, but even these
rates have been shaded in exceptional
cases. Brokers' loans are quoted at
! ) to 51s per cent, most of the accom- :
| moda tions being at 5A per cent.