OCR Text |
Show "f i , THEALT Ll Flffl MS METALS. N Fsnigt sllvw ( la Tort) Spatter (Era St. livery), pt Stiver (is bendw) d Ma . LAKE TRIBUNE, TUESDAY1 MORNING, NOVEMBER 14, 1922. WCs ... $74072 7 237 30 I BACK ELS AH HSA WACr't?gCt tUtHtCIIN Cf TKKJNO etOSSOI OUT eoa owka. vou'vt. to suceesriNO etrr r ,.334 ' JlOU uttl w I IN KNOW home AWFULLY COCO (OCX, 'CU'Q LHU no HMfE A ohhe e (t twAo hcva how the dkkens did She Niro out anything about erf I NOLO HOT TO SAY A wcao l, WELL, TVUtrij VERY WHO ON to rm-Y- i'll tvu.hx rr oveot , Cfl-- CHAHBONe I ACT AS TO ANYOOOY HAW AH KEA.i Show to Movement Day f What Degree Market Is Subject to Speculation. Limited Trading Transactet in All Lines of Stocks; . Prices Show Little Change SKEW YORK, Nov. JS. Tbs point of Interact today wa not the took or bond market, though tVere wan a good deal of commotion In both, but foreign exchange, where the movement of rate again proved In what Activity on the Salt Lake Stock and that market ha been ' subject to Mining exchange yesterday wss limited extravagant speculation. Substantial in all of these rates brought to an extremely, narrow range 'and rethane ,to th highest price In nearly, a stricted volume. Price level showed week, sterling to th highest sine Oc- little Borne Improvement wa shown by tober 18, and Italian lire to the highest atno th middle of July. At today's Emma, with trading at 3c, and beet price th lire had actually recovwith 199 shares sold at ered nearly a full cent In a little more Iron King dropped back to lie, with than a fortnight, the franc about ahd sterling approxlrhatelv Pint us, which selling of 599 shares. tally, Dutch exchange went to the high' closed strong at oic Saturday, declined eet Sine the spring of 1919. w have yet to see whether this re- to E2C. covery does or1 does ot indicate the Trading was limited bv expeneiv abandonment of the Silver King Coalition sold at ar campaign.' Not since 1929 has there been eo exten3J 71, Tlmlc Standard at 33 10 and sive a speculative movement for the fall Paik City Mkting and Smelting at $3.75, In continental Everyone Quotations lullow . exchange. were know what - the ctrcamerances LI8TKD STOCKS. which appeared to; favor the movement. j Bid. (A.IteC Not everybody, however, baa seemed to bo aware that, except for the Turkfeh Aibowa leu ...... .4V. .01 controversy and perhaps for the British Am Metal Mia t Tunnel .00 transfer of funds for payment to our Alta BtUliom Mineo .01 .08 government, there is not one of those mm um .08 surrounding circumstances whieh was not Coal Lot ...... .05 .074 In Utevidence four months ago. plainly .00 ile except the clashing of professional Heart Copper ,,,, Bap Vtila efforts to depress or sustain prices was Black Maul .... .01 h visible on today's stock market, which Gohrna ... 01 .oi s declined In the early hours, recovered Bmgham B inf bars Mine .. 18.00 20.00 at midday to prices well above last tent Lureka .Of .00 week' dosing, thenf declined again. It Cedar Tali .004 would be superfluous to discuss the totamkua-Resai- i ... .17 cause which bewildered Wall street and Coloradu (bo .08 tried to eonur up something to account fwwi Pout .04 for th market's sinking spells, except Cardiff 40 tO give cordial approval to one eonelu-lo- n Croft .02 which was somewhat pathetically Colt Ktuff .... .... . ,00 reiterated that price were put up too Dal .... see wee 158 .11 high a month or two ago. The dlscov Drafoo .... .... .. ' Coo .... .00 ary 1 perhaps belated, but K la well to Deaiijoim Emm- - BDvar .. 00 know where one Uum. ... .08 Pinplra UluM Nobody at Berlin or elsewhere Is like.... Emerald .07 advance ly to be surprised over today Mine ..... .00 ,n la th German reich bank's official die Eureka .01 .02 count rat to ID per cent, as egalnst 9 rows Bulat .... Coal .... ..., TU .00 In cent and weeks the past eight, per Coo Tin ..... .08 Eit 6 a recently as last Jujy. Wli&t has Eureka .07 been happening that with prices Eureka Lilly Bullion ... .02 doubling In a month under the influence GoU ....... Chain ,05 of limitless outpour of paper money, the Grand (entral ..... .00 east of doing business In Germany has Great T'eatera ... .034 increased out of all proportion' to ex- Galena .... .... .... ,08 isting supplies of individual or company Iron Blossom ..... .20 .3? capital. Borrowings of German Industry Indian Quern ...... .a4 from th private banks hay In or eased Iron Kin .18 Institutions Keystone enormously that- - these .80 .45 have thrust their reserve of treasury Reanohee- - ... . ... , .08 "oi kill of the reiehahank. which Is com- LeiU Pintle ....... .02 Relchs-eanLeonora .... law ..... to k rediscount them. .00 pelled by discounts have Increased In the Mammoth . ... ..... .80 .90 .02 last two week 100,000, 009,000 mark; to- May Dot ........... liiU .124 showed the out. Michigan Utah day' weekly statement Mont Binxkaaa .... e02 .08 tending total --to be nearly five time New ........ Quincy .00 was .004 It what a year ego, with equivalent Increase in th paper money. AJlolvbig NaHdriver .184 North Standard . .. .01 .01 always for the monstrous travesty of Opuhocffo .... ...... .00 .00 other Inflating episodes which Germany M 4 Park ttty method make Inevitable, tfie season' Park , Utah, In event the German credit market have Ptatoa . ... been similar to what happened here In Priner If II, when our own private bank credit Pfeeka Con BrUtol .. .. was eo rapidly expanded by the rise of Prim Mln'nf price . that private loans secured by Lib- Bontk BtanUard . ... erty bonds were crowded In huge Sell .... amount Into federal reserve rediscounts. udlcato .... .... , two financial de-g- re thne. Mlchl-gan-t't.- h, tou irrw SEESAWED STOCK PRICES cdrb XARRrr. 18. Traasaetleas urkat today wore -- .. -- 1 ....., ,..., Track Being Laid on Alta Level Tunnel 200-Fo- ot t i j At th Alta Tunnel In th Big Cottonwood district track Is being laid and a ear Installed on th level above th tunnel running west from the Christines raise. This will facilitate th handling of th muck and hasten the work connecting with the stops, where a fee of or is awaiting extraction. It Is expected that production will be resumed before the end of the month. Prospect work from the No. I raise tends to confirm the theory that a fold and fault have caused a slight displacement of the ore bedding and that the bed will soon be picked up and can then be followed to the northeast In order to further reduce It Indebtedness and lay in supplies for a winter camthe oompany paign of development assessment last week. The levied a Intention Is to put two men and a drill Into th Dutchman drift as soon as th connections are made with the ore bedding at each end at th old stop and push th drift Into the overthrust More than 200 feet of work has been don on th Dutchman during th summer and tho heading Is now at a point where favorable result may be expected at any reund. . 4 200-fo- t -- v ... ... ........ .... . . Silver Ring Coni Si l ref King Con Sion Mine Swanoea Con Booth Iron Bletmora .......... Tar Bah Tlntico Standard UncU Sam .... Utah Con Wwt Toledo Walker Mining .... Rorfc Ledge Co Eurrta M 1N KullJon, 1090 tt lbe Be, King lOoO t Mlriiiga. I. tab, port) at J2e, hew Oulncy, B1,0) at be. t Park l lt.r Blue. 100 at $3 7$. Plutua, 600 at 8le; J0 at 62c. Prince, lota at 10c. ' BrnUicale, lOfO at b- Bilrer King loan lira, 100 at 3272't, borw . ten day. Tie tie Staadard, 00 at 33.10. 600 at bc-- guina, CLOBIHO. Cohneboa KexaU, 600 at 17c. Bmma, 20t0 at Be Enreka Bullion, 3000 at Be. Howell. 21A) at Ibe. I roe King, 500 nt 19a. hew Quiaey, 7500 at b Prince, 1600 at 10c. Price, 10ta at Be. Bonth I roe Blossom, 3000 at v Special to Tb Tribune, COMSTOCK. NeV., N ov. 13. - Th first shipment of bullion has been sent to the mint from the recently completed cyenld mill of th United Comstock Mines com- United States Smelting Secures Tunnel Rights - bsv an attractive list of G. t. Miller St Co. Real Estate Bond. Thee are an first mortgages on Income producing city property and a first Ilea oa earnings. Maturity date two to fifteen Yield $ to 1 - TV year. er Special 7., , The Trtbeue. BINOHAM, Nov. 13 Th mines department of the UnitedBingham States Smelting, Refining A, Mining oompany has secured the use of th Butterfield tunnel In order to develop the United State min at greater depth. This tunnel when extended Into United States ground will b'e ;0 feet below the present deepeet, workings. Work will be? In at once to clean out the tunnel, whith will be laid with heavy rail Thee bonds are exceptionally wen protected and the yield I attractive. Further, being coupon bond they cause a minimum of collect effort to principal and In- - terest t A 8- -4 BOSTOH CUBB. B f ported by J A. Hogl. tions In Liverpool. Th ckee was unhigher, with December changed to 1 to 31.14 4 to $114 1 and May tower to Corn was $114 higher; oats a shads off to a Ilk advance and provision unchanged 7o up. Th action of th wheat market was erratic. Pressure to sell was felt on nil of the bulge ar.d there was n strong belief In the beer side, but the trade was Inclined to exercise caution and sell only on the bulgea The Turkish situation wa a unfavorable and tended to regarded lend some uneasiness, causing restrictoln There always was of bearish operations. enough wheat on hand to check the rallies, despite support which came mostly from local longa Most of the purchase however, were against ealee made In Winfirst time In more than nipeg. For a month, there was mention of hedging pressure and while this selling was not big. It wan large enough to attract attention. It emphasized the big receipts at primary market and confirmed recent report of Increased car supply. The increase of 1.952 000 bushels in the visible supply also war a reminder of increased receipt and decreasing demand. Weather over th winter wheat belt wa favorwere reported able and mil condition greatly improved by Ah rain end snows of Sunday end today. Corn and oat showed a rather heavy undertone, averaging tower early on local pressure, but rallying later on short No material change was noted In cash premiums and th demand for th actual grain was fairly good. Soma sales were made to exporters, although there was no fresh inquiry of consequence from abroad, according to neaboard reports Buying of lard credited" to New York coupled with an advance In lard In Uvr-poo- l, tended to offset a decline In hog here and made a higher rang In, provisions. BA NOB OP TH! LBADINQ tCTCBBK. c till Abmt Aibm cor Loco 4 dufar Amor Ar Bamberger Electric Railroad has operated I .... Amor LA Alia cob da Copper .... ' Atchiaoa Atl liutf A W lad . Baldwin Loco ... Bait A Ohio Beth Steel B . . . . Butt A Sup Cvp ... Pacific Central Leather Chandler Mdtora ... Cheat A Ohio ... . till M A St P CM A N W CM U I A Poe ... Chino Copper Corn ProdHcta ... ... Crucible Stel . ... Cuba Com Sugar ... Erie General dec ... .... General Motor ., . .. Grout Nor p!4 ... llUuoia Coot ... Intp Coppr ... . lutor M U p(4 ... lotor Nkhl lutor Pot The 6 K U So Kona Copper . . Lou A Noah Mas. Petr Miami Copper Oil UlrMlo State ..... ' At WILL BUY Western I aion . .. Oov-ertr- lg Mkt . 4. North Butts .... N'lpisetoff New Cornelia Old Dominion fie Lot Angeles WILL SELLf Sugar com. Sugar PM- n Srrlngvllle-Mapleto- OS'S itt See. FKODUCZ. 13 Butter Pnehaerad; ftrata. S7ia-- ; ritra secOntis, .taadsnU, ' ( Erge Higher; receipt Snt3 nm; Ante, 43 gVw, oru.iutfT firsts, 4045c- - stloc'eUsiieoas, 4.ft4Sc- - refneerater extras, 29c, refrigerator firsts, iivf n'gher; fowls, Pwiltry 144t21Ue; .prtBEs, 10c; mugtefs, 14c, turkey., 5c, grass, 2oc. c; 10 Re. 3 istxed, rose. ...... 11 JUb4l0.7312 TISXBlaS QftAUr. NHW TORK, Nw. 18. Tb viaibl Arotrict Wheat A ibow th pipply foUowtnf rfcanff; In- hath J(tTed I. 000 basfcU, Mti 4scrm4 852.000 rrn44 861 bnhHi; rr tncrai 5u,(AM butbeU; brtej 1S5.00M 4tcreed bushel 1.9A2,0u na Dayne-Beeb- e 1 due mo. nt Sugar Bond.. 0 Bonds, do 1942 Goiter will b treated free from 4 to 6 p. m. every Tuesday and Greater Winnipeg Water District rriday. Prov. of 'Manitoba Rent S- - Are you in need of a practical nurse? Apply to Bondi, dno 1962 Yield about 5.25 Drs. HAAG & HAAG, ItiRsSoaal Gt? Ccsibt Offices - ' Wtck , DSUQI.iaa PHYSICIANS New Yerk Balt Lake City 90B Deseret Bank BWg. 9149 Telephone . i Including A , Mm., Not, lj. PIoiwCw It is a matter of record that no line has ever come under the "control of the Union Paci-ficjvhic- for Only . hi has not been a !Wti - Bettilyon Home Builders Co. .Agents. gee Guy Wilson, Bldg. 47 East Broadway. Wasatch 202. . f IJjr. improved in facilities and service to the public 9 0(k ' Boon 300. Phone Wasatch (713, . - 235 Main St, Ccnsiinily Dn!& ala round whites sacked No. i, 80ff90e ; Minaomta sacked round whites No. 1, 7T85 ewt t Minujoota oacMed Rod Kirov OMoo No. I. SO&Ohu cwt ; North Dakota sacked and bulk Red Kirer Ohloa. rwt.; Idalua sacked I Eoaoots No. A, LIO ewt. PLOVR. Ask Is Bsokist "Omaha A Bay Marksg Province of Alberta Gold 5 - INDUSTRIAL BONDS, reported hr J A iRorNi f Chiobtr before maturity Gold ... ... 00S2 4 , e.ye iu-- w 1st Vs Prove It. Writ 1 Comnires, Oaths Canadian Bonds 909-99- 15 8 Railroad rate, and connections Beaks Omaha the logioal asarket for the district in which you live. ' Yield about 850 .. . er. ..9IH Far Amalg Omahas market receive the utmost protection through an Both efficient hay qcchnnge. buyer and seller are protected by Omaha weight and grades. it There are favorable rates and many buystorage-invtrana- 7 $4, Mein L Phong Wea . LIBERTY BONDS B0U0HT U. AND SOLD .AT CURRENT MARKET PRICES, - .... .... .... ........... ... .. MINNEAPOLIS 0 209.09 .141.09 yhonA Lisht, Heat, Janitor and SERVICE. ebanyud. , 7 Ashtoa-Jenki- 190 rt 00, Hay men value the protection of .a legally regulated market. Only Sound Investments. Edward L. Durton f 11. Phone WasatcX 0881 34.99 pto.,.. U.09 pfd. ... .90 19. Mountain State Tel. ......109.49 49 Utah Power 4k Light pfd.. . 99 99 20 Morgan Canning t pfd,..10$ 09 $5000 Utah-Ida- h Sugar Bond 15 1590 $4009, J2SHL2S;K. 1 hUd. B41470e; K. 2 yellow. 42HH: N. white, forkVttnluftfc Lard ' 3ug. , Make Bid I National Copper Bank...,. CABS QUOTATIONS. Re. a rad. No. 2 White, 42vt843e. ltye 86 4 toe. Timothj red 88.09 7s. 1 15 5082 60. flwrw Os"s rrram.ry ettra., firsts, e 4.10 4.00 $.90 Competent Office Girl m Cera Your Hay Market 7ti Tloor, Wslkor Bank XUf. 104.04 T.99 Duty 8 to 6:30 to take care ot your calls when '.you art out, 'SAVE HONEY! 11461 xxmxvonb ...... ,,..120.4Q Utah Apex Utah Con Utah Metals South Utah 143-0- 0 TL State 44 Baldwta Radio 20 Consolidated Wagon 19 2, C. M, X, 29 Zion' Savin gp Bank J .. ,.. . $99 .... . ... Qutnrr .... Shoo ilarhy fk ... . Sup A. Boston .. ... Sap Copper .... ......... .... Tttohuaoe Shannon , 8t. Mary Seeuritlea Mutual Creamery 09 Amalg. 24 Amalg. ... ... ... 4.1$ 2.3$ 109.00 M. L Oment ' .... .... Mirhfkaa Coppor , o National Bank.., .,379. 09 Zion' Benefit Building Books. Deseret Building Society Book. , Utah-Ida- h All maturiti Sugar Banda ........ Mohawk for details, Q 0 6, PboAe or write C Dane 0 ZiYSavtngs TRUST COk '10 Deeeret . Con . . .$ $.53 $.75 4.0$ Sugar pfd. Springv411-Mag)leto- 109 Binfham Mines .... ... ..- Cal A Arte ... Cal A Hecia Copper Banc Park (Mty M AS . East Butto Xhirli Dalp Uaacock . ... . I ala ad Crook . ... Ialo Royal .... ... Kerr Lake .... Leko Copper Meson alley .... ... Mnm 86 ul Y Amalg Rtignr, "eem.-.A,MkL Amalg. Sugar ffd...!i Lefton Sugar ,...,.124.09 10 Mountain ...... Arh i'ommerrlal Sugar, eor. Sugar pfd .. 10 Aft)AokwI! Bid .. Ariventur Ahmoek o 109 Peepl 20 3. C. . . Utah-Idah- 10 BOSTON C0PPEB CLOSE. (As ReportM by J. A. Ho10 in ift o 200 30 for tho daj, .LOM.IOO aharoa. r Utah-Idah- EO Weothiff Bloc haieo in himaredo. Total 509 20 ... .. .... . bonds and interest, yielding they are an attractive purchase. ... , Uidralo Steel ... Mo Pacific .... t.. Mont Power Neruda Copper ... N Y Central .... ... N T'N H H Norf A Wetter ... . Nor Pacific ... . Okla Prod A Ref . Paa Amor Petr ... . Poanayhranta ... ... Pitta A W Ya Saj Ewdlif wea-derf- one-hal- .... ..... Cob Cop eoai- throughout the year. What a thing ia a Bavin g aeeonnt ia tim f need. Look ahead to tho futurOj prepare in Open aa account at thia safe bank. teat saver of this .company, secured by a first mortgage on prop, erty valued at practicaltimes f ly two and the debt and backed by a good earning record, trt a safe investment. ..... ... .... M if yonVo been a successfully since .1896. Its obligations bare been met promptly, in bad times as well good. u Petr Cal Caa for You Ths 9 6 o 0 0 0 0 0 0w M' Terror Ref Sumatra Teb Tet .... Aser Tel u$r Wholes . .. , . I No Tax Railroad Bond Cvrp Amer Smelt l-- I-- th. Wbrat CHICAGO Lake Opden .... Fdy .... HAL ptt .. later AH This entCAGO, Pocatell LA HD tar Co.) CO. d 6 U23e. Amer Can Amrr e $1 Ci AU AX less. A Strong Local . J.A.E10GLE l.t pit STOCK LIST. IT Complete Information on Inquiry., tait rv T01X f ....pM.... .... 10X1 Stodebakor Corp ... Texas Co Tex A Pacific ... ... ... .... . Tub Prod Traaa Oil .... ... . I a Pacific .... ... U 8 Pood Prod CHICAGO. Nov. IS. Covering by short U 8 Ind Alcohol ... . Store .. late in the session brought about a rally U S8 Retail Rnbher ... ... In the wheat market after tt had held .... V Steel narrow had ulthtn relatively limits, but do pfd .... ..4 generally averaged higher because of th Utah . .... Copper strength In Winnipeg and higher quota8. 11-- MORTGAGES & l-- high-grad- 2tiJ NEW TORK, Nov. 13. Stock prices seesawed up and down In today's market, reflecting in general th covering and selling operations of short Interest, who appeared to b In complete control. Final trice were generally below those of Saturday, but the strength of th resist' anr encountered at today lower levels indicated that th decline bad about run Its course, at least temporarily. Bearish sentiment has developed on th untavorabl outlook in Turkey, th possibility of unfavorable tax legislation by the next congress and th apparent Inability of bull operators to attract an outside following. Some stock were depressed tor special reason Marin which perferred, broke more than 4 points, was sold freely on speculative belief that the administration would not b able to put over tt ship subsidy program. Crucible Steel dropped nearly I points oa publication of the annual report, which showed n deficit of nearly $8,000,000 after payment of dividend for the year ended August 31 last. Buying of stocks with a big speculative following produced a better Influence on sentiment for a time In the afternoon, when many of the favorite were quoted point or two above last week's figures. Studebeker, United Retail Stores, Crucible Steel. Gulf States Steel, Standard Oil of New Jersey and Reading were foremost in th upturn. Woolworth Jumped 12 On liquidation of some higher point Priced share, Liggett A Myers A and B issue dropped 19 end 13 point, respectively, and n fall of 3 points ih Marin preferred and 4 In National Biscuit' caused subsequent Irregularity. Total ealee were 1.014,990 share. Call money opened and held at S per cent throughout th day. Business In the time -- money market was confined which were arranged to renewals, mostly at per cent, Th bulk of the commercial paper is moving at 4 per cent An improved tone was noted In the fort elgn exchange market. The Italian rate moved up from 4.49 to 4.70 In response to the accumulation by governmental agencies on th strength of the Improved political conditions In that country. Importers and banker were heavy buyers on sterling, the demand rate touching $4.47 a new high on th movement So R opem.no bales. at He u A 1 OUietto Bafety Bee PkiUp Morria' Radio Osry osan do pfd Swift lat! Swift A Co In Prod Shar arar la Retail taady ., k Rojul Dutch NY ... Shell Tratro A Trad Sinclair O A Kef ... . .. So Pacific ... pany In American flat. The shipment consisted of fifteen bars. Officials of the company report that the big plant la now about 1200 tons of ore dally and treating by th end of It is expected to reach Us rated capacity of &09 ton every twenty-fou- r hours. tre being drawn from glory boles end shrinkage stopes In the northern part of the property. A number of men ere still engaged In construction work and la HONDO JT KOKET. laying pipe line to provide heat during the winter months to th Nor. U Br SUt, LONDON, 3d nee. Maser. $ra mi: rates- Short and cyanide department. Sfd three months bills, peg cent. dim-oa- Decline Said to Have Temporarily Run Its Course; Turkish Outlook and Tax Legislation Prospects Encourage Bearish Mood. , Rep I A 9 Rich Ore Discovered la in Vindicator Property First Made Shipment pecUl t The Trlhass. From United Comstock POSATBLDO, Idaho, Nov. 13. Accord- ing to A. C. Bell and IV. I Roller, good ere has been encountered In th vindicator min In the Bassett gulch above Ketch um. Th property was formerly known a the Homestak mine was owned bv the Bassett brothers, - who extracted 10.000 worth of ore In th early dare. The min has bees worked during th pest seasone by Bell end Roller and some or ha been shipped good The parners now feel certain that they have discovered th lost vein of rich ore which was cut off by a fault. Two tons of or are ready to ship and th men expect to finance their further development work by shipping ore from this vein. t 7, ..... Woodtawn .... ... Con ... Ttiikm Kama .... Rmraa. INDICATE SHORT ACTIVITIES c iNDlhl RIALS. 8ala. n nVITS. rVATOBiTZB om the KKW TORK, Nov. 13 Kveporate .polve as fab fine; prhM state; U)4ttllV4, Prase eteeSyi Cattforelta BKQlTe: Oivgrae, 7tle. Aert-reflrto; ebotr. MSBkei extra ckotra, jrt'0 feeex, 24$20e, peaee quiet; ebotra, 12 Lloon. 21e; 4114)40 extra rtolra. 14H16)e; loser, 19 41 13c. Retains etraSy; lorae otuectelk, u Me; etolee le feaey aeede. U)4&U)4e; NEW YORK, Nor. New York enrh . lows: (A4rwttoement) |