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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Mar 14, 1918
Page
13
Henry Clews discusses market confidence during World War I, noting continued belief in victory and the war's long term benefits. He highlights increased American borrowing, growing exports, and the shift to investment as liberty bonds fund war efforts, with the upcoming Third War Loan noted as likely to succeed.
Washington dispatch notes a United States Boys Working Reserve mobilizing farm labor from ages 16 to 21 through public schools and farms. West states foster the movement with six day weeks and extended school terms to free youths for summer farming, with Detroit coordinating teacher supervision and pamphlets on farm basics.
Combined figures of sixty three industrial corporations reporting for 1917 show 29.92 percent earned on common stock, vs 41.37 in 1916. Analysts expect the market to stay tied to war developments with a conservative investment stance and higher prices ahead.
Manville Wyoming March 13. The preliminary hearing for Phelps of Cactus charged with assault with attempt to kill opened before Judge Kearns. The county attorney attacked the judge with personal remarks in a bid to secure acquittal. After an hour the judge adjourned to March 27 and offered to resign if a new prosecutor was appointed, which was accepted.
At Thermopolis a teachers petition led the school board to grant a full week's sessions in the remaining term. The measure closes the year fifteen days earlier to free students for farm work. Boards statewide adopted similar wartime steps to help students assist in planting and crop care.
The public service commission holds a late afternoon session in Casper district court to set fair charges for power and light. Members Forsyth Gates Floyd secretary OConnor reporter. The commission reviews all departments and branches of the Casper Naboon company to determine a just rate.
Washington reports the food survey of December 1917 shows total wheat stocks in commercial channels about half of 1916 year end levels. Flour stocks remain clustered in a few states with New York leading in barrels and Minnesota California Missouri among top stockholders.
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