THE RICH COUNTY, NEWS, RANDOLPH. UTAH Lindys Flight Is Boom to Flying S- Intrepid Pilot Made Finan-- , cial Backing Available for Aviation. cier simply because he Is a master technician of the air. Various commercial aviation industries have to some extent profited Indirectly by Lindberghs connection with them In advisory work or by bis nse of their products, but this has been a strictly legitimate and de cldedly Indirect connection. The flying colonel is adviser in technical matters for Transcontinental Air Transport, which is about to launch a combined rail and air service from coast to coast, bat he has had nothing to do with its financing, and this company, with the backing of two great railroad systems and a leading New York banker, among others, had no great occasion to sell stock to the public, although Its stock Is listed off some of the exchanges. First Mail Flight. Colonel Lindbergh made the first air mail flight to Panama, Initiating the service of Airways, a company which has since been bought by a subsidiary of the financial group which is the keenest rival to the syndicate that owns a block Air Transport of Transcontinental His technical advice has therefore been shared, quite recently, by two groups in the leading investment aeronautical field, with doubtless some advantage to each. Neither, however, is in any sense a Lindbergh proposl tlon, or pretends to be. Aviation financing, since the Lindbergh boom In areonautics came to its aid, has gone ahead so fast that there have developed, in addition to manufacturing and operating companies, a number of holding companies aviation inand a number of vestment trusts. The holding companies are designed to keep under one general control a variety of enterprises which connect with one another In operation. Thus the eastern group, of which CL M. Keys, a New York banker, is the guiding genius, holds stock through holding companies in airplane factories, air mail contract routes, airport operating firms, aviation schools, airplane selling organizations and air passenger lines. A western group, of which W. El Boeing, the Seattle airplane manufacturer, is the central figure, but Washington. The development of aeronautics In America as a big business proposition dates from May 21, 1927, when Col. Charles A. Lindbergh completed his transatlantic flight to Paris. Technically, the flight of Lindbergh proved relatively little to the areonautical engineers. To them, as at first to the world, it was primarily a demonstration of the courage and skill of one great flyer. The engineers already knew how to Champions exclumake airplanes like the Spirit of SL airsive sillimanite insulator is Louis. They knew how to make this cooled engines, and knew that practically impervious to type of motive power was at the point in carbon and oily deposits. of marking a great development did distances. for They long flying Special analysis electrodes renot know until it happened that Lindsist pitting and burning to berghs feat would solve a problem more serious to the indusis why whichthanwasany technical situation. It try Was destined to solve the problem of Champions excel in service. finances and to make money, and big money, available for aviation development Magazine Has Boom. All kinds of things began to happen the Lone Eagle spanned the Atafter TOLEDO, OHIO aviation magalantic. A regarded by edited, highly zine, ably and 50 of earning. flyers and manufacturers, had strugA Write for circular. gled for years to acquire a circulation We have no salesmen. of about 5,000 copies a month. In Bank references. three months It had 25,000 subscribTHE PEXEL CO. ers, without having put forth any speFood Product cial effort whatever. In May, 1927, 119 N. 4th St Camden, N. J. the capital stock of the company which made the engine of Lindberghs plane cotild be bought at less than $20 investors a share. The who went out that day and bought this stock have realized ten, fifteen, or twenty times their Investment, according to how they bandied the stock thereafter. Last year we placed more than The air mall, which was getting a 1000 in good positions.. We business at 10 cents a letter by little can place you when competent. of dint steady publicity and constant When will you be ready? from the post office to nse it, urge Succta for i Stni Catalog tons of mail, and soon to get began Behnke-WalkBusiness College was able to cut the price to 5 cents a r llth and Salmon Streets letter and get more tons. Small Portland, Oregon mail conat0D companies with TTTH TT7 tracts which had bqen wavering on the edge of bankruptcy became sudi Health Giving denly prosperous. Some which had been begging for passenger traffic in connection with the mail had to stop All Witter hauling passengers entirely to make Good Hotela Tourist Marvelous Climate room for the pouches. Camps Splendid Rooda Gorgeous Mountain West the Makes United Statee retort Views. Thu tconderfu (desert oj .. Write Cree Chaffer Lindbergh made America has ed, and since that of widespread investform the taken LL CALIFORNIA ments in the stock of aviation com It is natural thatynany people panies, PARKERS want to put their money in LindHAIR BALSAM berghs company. It Is quite clear Restores Color and to anyone who thinks about It that and Faded Beauty to Gray . tOc. and 1.00 at DrugerUts. .J, Hineox Chem. WH. PatchoEue. H. Y. Lindbergh could at any time since that ta flight have launched any sort of no for FLORESTON SHAMPOO-Jdeaviation connection with Parkers Hair Balsam. Makes the enterprise he cared to, and hair soft and fluffy. 50 cents by mail or at N. X. sold $100,000,000 worth of stock have Hiscox Chemical Works, Patchogne, In it He has not chosen to do anything of the sort nor has he allowed any stock to be directly sold on his name or reputation. This is not because Colonel LindHeadachy. bilious, constipated? Taka does not believe in aeronautiThis bergh K -- Nature's Remedy tonight. cal investments, but because he realmild, safe, vegetable remedy will have you feeling fine by morning. You'll enjoy free, izes how easily the power of his repof thorough bowel action without a sign utation co. Id be abused, and knows ,, , griping or discomfort. that he cannot, in his own person, Make the test tonight guarantee the financial success of any enterprise, even If he feave his whole time to its direction. There remain uncertainties In the business of aeronautics, In so far as profits are concerned. Colonel Lindbergh has been 25c At Dmotn-oa- ly too wise to set himself up as a finan the utmost. That (CmMIPEM SPARK PLUGS well-know- P M n Q V . far-sight- Business Training Pays b - er avl-ai- fl r unmsllnunnlk long d. air-min- TlDalm Spring ni BemoTesDsndrnff-StopiHsirFsUi- al drue-gifft- s- Salt Lake City Directory d 1111 I H--- 1 1 1 I I Pilot Loops Loop at 300 Miles an Hour Air experts here are at the achievement of marveling Flying Officer R. L. R. Atcher-ley- , one of the pilots training London. for the Schneider trophy race. He has looped the loop while flying at a speed of 300 miles an hour. Atcherley used a racing seaplane similar to those entered for this years trophy race, and he was taking part in training section of with the the royal air force. These racing seaplanes require some skillful handling and such a delicate touch' on the controls that very few pilots are capable of controlling them in level flight. Stunting has not hitherto been considered possihigh-spee- d ble. At a speed of 300 miles an hour the pilot has great difficulty in Judging his position. In turning at this speed the cen- trifugal force is so great that pilots have been rendered temporarily unconscious by the flow of blood from the head. 1 1 1 H--H-- I 1 1 which has much New fork money back of It, controls a similar group of aeronautical enterprises. Financing Complicated. Just how complicated airplane ft nancing has become through the various holding companies is evidenced oy the recent purchase of Airways by 'the Boeing group. As reported in Wall street, the actual transaction was the purchase by United Aircraft and Transport corporation (the Boeing group) of 50,000 shares of stock in Aviation Corporation of the Americas. The latter owns the stock of Airways. United then also transferred to Aviation company of the Americas an option on Coinpania Transportes Aeroes Latino Americano, which is a Mexican A Sour Stomach operator. The amateur Inairplane stocks needs to knw his companies and his bolding companies. aviation Investment The trusts, which as a rule are corporations and not literally trust companies, are organized to buy aeronautical stocks in such a diversified . manner as to give the small Investor the benefit of diversified holdings. They do not aim to buy controlling shares of any company, as the holding companies do, but only to diversify the investment of their shareholders in a wide variety of aviation industries, a plan considered as making for safety of Investment A number of these corporations have been orIn the last two years, and ganized have found quite a lively market for their stares. If such a company makes kvjown the list of its holdings the amateur Investor can gather some idea of how his money is being placed in varied aeronautical industries, if the list of investments is not published the investor more or less goes in blind, on his faith in the organizers of the investment corporation. Investment Growing. Americas billion dollar investment in aviation stocks Is steadily growing, as more and more people look forward to the day when flying commercially will return handsome profits. Meanwhile the manufacturing side of the Industry is already profitable in many cases, and the values of aviation factory stocks have gone up steadily in concerns under successful management. There are about seventy-fivcompanies in the field today manufacturing airplanes, besides many which make parts. The majority are making planes to sell under the $4,000 class. So many new types are being designed and turned out that the Department of Commerce is hardly able to keep up with the work of Inspecting and testing new models for which licenses are asked. Prospective Investors in this side of aeronautics have at least one test to apply to manufacturing companies, by inquiring whether their models are licensed. Until licensed they cannot be sold or operated commercially. Colonel Lindbergh has made a thorough success of his task of making in the stock marAmerica ket He continues his quiet but effecin tive career to make us the air. air-ma- il vestor In In the same time it takes a dose of soda to bring a little temporary relief of gas and sour stomach, Phillips Milk of Magnesia has acidity completely checked, and the digestive organs all tranquilized. Once you have tried this form of relief you will cease to worry about your diet and experience a new freedom in eating. This pleasant preparation is just as good for children, too. Use it whenever coated tongue or fetid breath signals need of a sweetener. Physicians will tell you that every spoonful of Phillips Milk of Magnesia neutralizes many times its volume in acid. Get the genuine, the name Phillips Is important Imitations do not act the came! Phillips IT Milk . of Magnesia Mosquito Bites HANFORDS Balsam of Myrrh Money beck for first bottle If not salted. All dealers. The Talk Representative Linthicum at a Baltimore luncheon was talking about a politician who hides many misdeeds under a religious cloak. Look out for him just now, said Representative Linthicum, for just now he is going round making speeches to all the church congregations in his district. The man, he ended, is like a tack. He points heavenward when he is bent on mischief. Detroit Free Press. e A Perfect Day NOT one that leaves you with IStired, aching feet. They will spoil any day, but if you shake Allens Foot-Ea- se into your shoes in the morning you will walk all day or all dance night in perfect ease. It takes the sting out of corns, bunions and calluses. Sold everywhere. d "Allens air-mind- Foots Ease Baby Princess Sets - Style in Infant Wear For Free trialpaakage and a Foot Ease Walking Doll, address Allen s F ootEase, De Foy, JV. V. London. Princess Elizabeth, baby daughter of the dnke and duchess of York, is already a leader of fashion, although she is only three years old. It always nsed to be that tiny girls were dressed in white or pink or blue. No mother dreamed of using yellow until the duchess of York set the fashion. Nowadays Princess Elizabeth wears clothes of delicate yellow tones on nine days out of ten, and mothers of all degrees are following the color fashion with their own baby girls. Aid to Longevity Lorain, Ohio. Billy Morgan, tailor and a confirmed bachelor, attributes his splendid health to the fact he has never married. Historic Date an act of congress, slavery Through was abolished in the District of Columbia on April 16, 1862. This was a step toward the abolition of slavery throughout the United States, which took place a year later. Freedom of the Knees Since the Atlanta girl kicked a masher on the shins we see greater utility, as well as charm, in the short skirts. Atlanta Constitution. ld American Troops Sail for the Orient Some men spend so much time hustling that they havent time to accomplish anything. NO PATIENCE WITH CHILDREN Dr. C.L Evens, Optometrist EYES EXAMINED ' Cross eyes straightened. Glasses fitted. 11 East 2nd South, SALT LAKE CITY. UTAH Lydia E. Pinkhams Vegetable Compound Steadied Her Nerves - Valves - Fittings Pipe NEW AND USED FOR ANY PURPOSE . , 175 SALT LAKE PIPE CO. W. Sixth South St. , Salt Lake City, Utah SERVICE GARAGE KAY I POT C W. 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Pa. -- I Nfc w s s t with troops bound for China, the Philippines and Hawaii to reArmy transport Thierry sailing from New York are portraits of Brig. Gen. George H. Estes and Mrs. Estes, who place men who have been serving there. Inset sailed with the soldiers