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Show TIIE SiVLT LAKE m CONTINUED ACTIVITY MARKS . 1020. Jl, 10 c A. TRADING ON STOCK ..EXCHANGE MARCH MORNING, TRIBUNE,-THURSDA- th ju i 1 .V - J & l M Vigorous Rally in Foreign Exchange With Low Renewal Rate for Demand Loans Given as Reasons for Breadth of. Buying. a ft hi h " , u i , Credits Should Be Restrict ed on Lines of Conserv atism, Riter Says. ' Twelfth Reserve District in Better Condition Than Eastern Centers. NEW TORK, March 10. Another vigorous rally in foreign exchange, the lowest renewal rate for demand loans in a fortnight, and favorable atate-nient- s of earnings issued by leading industrial companies ' together with an increased dividend, accounted mainly fox the breadth and activity of today' fUlr Aster Bee l Sugar ..,.1 tan Aster Cr A Fdy ,... Aster Hide A Ltur pfd; Ames Locomotive Aaer MA U Amer Sugar Rfg Aaer Sumatra Tub ...i market. bills on London rose to Aaer T A T before 3 oclock, exceeding the Aaer SLAB Capper ......j previoua recovery by six cent and re- Asscosd Atchison cording an extreme rebound of 57 cent Afl O A W I A 8 Ths money market continues to fce Locomotive .. and the signs of any marked from the lowest of laat month, with Baldwin strengthening of remittances HBetA OSteel deration remain to be discovered, accord- concurrent to allied countries. Call money opened Butte A ton. ing toW. W. Riter, vice president of the at 7 r cent and held at that qnotation ('alifomls Superior Pet Deseret National bank. Mr. Riter said throughout the session. time (aaadisa Par Although yesterday that Itla a time for conser- rutes were ostensibly unchanged, re- Central Leather : vatism In financial circles, for the restric- ports credited interior bank with local C M A P reserves a disposed to negotiate new C A N 8f tion of credit to necessary purposes. W He pointed to tire recent quotations of loan for moderate amounts of conces- C H I A P Chino Copper per cent for bank money In Boston, sions. Recent supreme court decisions deal- ona of the most conservative centers in , with stock tax exemption and rail-the country, aa aa Indication .of the ing way valuation were again effective in t abs c.ne sugar Mr. the constriction In financial circles. K o High-gradj R buying movement. Riter pointed out, however, that the rails, ulso the cheaper transportations ' Twelfth federal reserve district finds Itself and numerous railway equipment, de- in better shape then eastern centers, as noted confident accumulation at gain demonstrated by the purchases made by of two to ten points. Twelfth district banks of eastern collatAnother increase of unfilled orders eral. reported by the United State Steel cor0 0 poration for February preceded the rise Business Believed. of steel common to 101, its highest In Salt Lake Investment circles there quotation in several weeks and gave was current yesterday much comment on emphasis to encouraging review of intne favorable turn of the New York stock dustrial conditions issued by trade aumarket, and the lessons taken from that the recent supreme court decisions thorities. Oils and copperswere included among and railroad legislation have given bus! big and little, an assurance on the the prominent and higher issue of the j Scvad Copper tie, part of the government against undue re last hour, but General Motor and Cru-- j n t ntri H......... straining influences. cible Steel were relegated to eompar- - J jj H western The turn upwards of the market was tive obscurity, closing at nominal gains, Northern Pacific taken In annie circles here to Indicate (line I'll Ice the discounting of favorable conditions after evincing- - much irregularity. Pet .... Hales amounted to 1,500, 000 shares. which are expected to be shown by the leading Issues. There are some pessimists, Liberty bonds were steadv, interna PennsylTenta W Pill.burx however, who minimized the forward tionals mixed aod th general domestic Pittsburg foal Va ... movement by predicting another decline list local t rations hardening, key Coo Copper ...... and "shaking down" process for the email Totalirregular, sales (par value) were $12,630, Reeding speculators. bonds were Rep I A K UOd. Old United State Hojai botch on rail. unchanged ShsttucS Arls Copper. Save. Must People Demand $3.7 1 e One of thft most frominent men in finan circle of th city wan inked yesterwhere the money 111 come from for cut I day the will Improvement and extension which be required bv the railroad If they are to ertve the adequate transport at ton eervlce the induetriea of the country, and particularly those of the weal, will reFYom the savings of the people,' quire. he said. He pointed out that the excess profits taxes, the Income tax ns and other government requirements, were taking a large part of the Income which In former years was put Into securities of railroads and other public utilities. With this source of money greatly diminished, the money will have to be found among the smaller savers, this man said. And speaking of savings, he pointed out that the wealth production of the Vnited states Is practically unlimited, sad that if the cittxens would save as do the French, the United States could not only more than finance all possible railroad and other Industrial requirement, but could finance Europe as well. - 17. S. Bonds Good Buy. Tfbert jr bonds, at their present low prices, continue to attract much attention from investors who are locking for certain The redemption. profit and assured bonds, at their present low levels, in some Instances will net investors who hold them for redemption hi the neighborhood of 7 per cent. And as one borul dealer said yesterday, "If the government bonds are not good, then no Investment in this country is good. a Sounds Warning Note. The following letter was Issued yesterday to presidents and boards of director of state banks and trust companies of Utah by N. T. 1orter, state bank commissioner: Gentlemen: The tabulated reports of the several state banks, both and special, disclose the fact thatquarterly the past several months ths rate during of Increase In resources jr the general volume of business, has been such as had broken the record for any similar period In the history of the state. "This fact of rapid advance, while it may add to our confidence and prtde, should not be allowed to cloud our Into things as they are, as making clear conditions that are to come. As each of us well know, now. and for some time, we have been riding the tide at its 'flow. The 'ebb must follow. Just as in the past It has followed, with the same certainty as the night the day. "Each and every director is now. as he has ever been, a custodian of funds held In trust so held legally so held morally and so held by every business tie that binds. "With advancing resources, net earnings have Increased, or at least have been assured. The pressing question is. what !, being done with these returns? Are you raising the level of your undivided profits account? Or better, are you raising the level of your surplus fund the well known third line of defense? If you are not raising it now. when might you hope to do It? "Several banks have raised their surplus gradually and consistently to the Jevel of the total of the capital stock. Other by similar processes have attained a position half-wa- y or more up the scale. Others are Just beginning, due to the short lime since organization. Others are content to add only what the law requires. A few, very few, are In a way elbowing the law in this matter. "While we have urged, now we must Insist, that In each Instance where safe banking makes the need plain, a substantial part of the bank's profits must be transferred to surplus. Further. In this connection, let It be mad clear to each stockholder, or beneficiary, who would deplete net earnings to swell his dividend account at the expense of the surplus, that such a cannot obtain at the present time.practice American 8ngar Bantings. Sinclair 0 A It Pte So So aij Ten oi l Mi Co 3ft 4ei HH Copper I A. Days Business. NEW YORK, March 1. Railroad stocks swung Into the foreground of today's active dealings and recorded a strong price trend all th way to the close. Constructive sentiment prevailed in all departments of the market, however, and the fact that net gatna of the rails overtopped most of the industrials was particularly significant of the altered speculative attitude in the last few days, the result, evidently, of immediate developments among the carriers. Railroad managements are rapidly voting acceptance of the railway laws proposal for a six months' continuance of the standard return, and substantial orders for new equipment tell of a quickening of transportation plan under private control. It has been many a day since' Reading assumed leadership of the market in so pos.tive a fashion as today the net gain was more than laat month's and it has also been a long time since Atchison, Southern Pacific, New York Central, I'nion Pacific and others have been In a demand. Presumably, so persistent buying was mainly for the account of The impression prevailed, speculators. also, that trader who make their chief business the buying and selling of stock were the moat active participants. This to proquality of dealings was of a sort mote caution In attempting to estimate the course of railway shares in the early future. Either the credit situation has been Ignored in this week's events in the stock market or the feeling has gained strength imthat underlying factors are 7being cent st per proved Call money stood for both renewals and new loans today, a rate which might be thought to show some easement from the dominant quotation of There was no lessening of Tuesday. and tension In the time money market, commercial paper commanded 7 per cent, inof offices brokerage yet the comment dicated an Impression that the position of credit was being gradually Improved through conservative action of banksem-in loan. Also, regard to mercantile in banking quarphasis has been laid the n tightening of acters t hue upon commodation extended Into channels for a procesa expectfinancing foreign trade, ed to show results In bank statements before long. From one point of view,ex-a decline of trade credits to domestic exa falling off of porters presuppose ports through an Influence not directly the with foreign exchange marconnected to curtail ket which in Itself has acted sales of American goods in Europe, and a forward whether seen be to It remains movement of industrial aharea may make decline. progresa If exports that 11,109,066 more gold had been in bought bv a New Yorkasbanking house for l,ondon was receivedThe constructive comla that outlook. gold credit the at auction, together ing from the sales of aixeable shipments with the probability upon from British bank holdings, is looked as a highly Important adjunct totoour South outflow the as especially America and the Far East promleea to that seal. Provided continue on a broad 'solely t restore the new gold i used reserves and not aa an instrument for credit, structural expanding the existing The question Imports will be welcomed. mav be raised whether the growth di-of not been stocks has in speculation rected in part by thought of an expsmsion from any similar financial Instltu- - Taylor, "factory on ' the Minidoka project, 40 7' lP, 46. pro- Frank Neff, J. 8. Htkey and J. Leo vided sufficient local support and enllowen form th board of governor. couragement ar received. Wyne county i on of the two or The company ha a new form of acreage three in th mate to hv no bank as yet. contract which will be submitted to grow- The bang comeisloner believes this a er st the annual meeting of stockhotdmost promising field for nuch an Inxtitu- - I era at Twin Fall. March 13. Mr. Htt- echeied was chairman of a mass meeting tlon on account of the rlchnne of Warn to make renourre. tho speed with which reoonty held to auk the company county d:tne deve'OTXtd, and are change in their acreage contract. they being 5 . n i " V, , - I j ' . T..J " 22H 4ft U, U 1 ft ' 4 What Some of the Farmers Have Produced: What Other Think of This Land: Tlios. W. Lloyd, Logan, Utah: . I never dreamed there was a section of country In the west offered such opportunities. that By Y. Benson, Trenton, Utah: Land like this in Utah and Idaho Is bringing five times the nioney and from reporta the yield per acre is just as great here when given the same attention, J. II. Hall, Commissioner of Agriculture, Montana: The Vallcr country is an Immense agricultural empire, unparalleled in the United States. Its development is remarkable. Mr. A. J. Barling, former president of the C. M. k St Paul Ballroad Company: V P2', W, li5 im1, ssiVj nsn, 71 I2S 114 308' 96 41 41 There 41 only necessary for Montana to have necessary means of transportation to In a few years produce more small grain than any state In the Union. 23 I jrj Rft 15 state In the Union more fertile than Montana. It Is that the Milwaukee road .has persuaded people to come They are coming now fseter than ever before and It is la no on this theory and settle here. ne fUt Frank Bochme five miles from Valier, threshed 60 bushels of Jones Winter Five Wheat per acre on a large acreage. W. M. Wayman, at one time from Uintah Basin, threshed S4 bushels of barley per acre.' Hartman Brothers pr6duced 700 bushels of potatoes acre.per Ryan &, Withee produced 40 bushels of wheat per acre. Peter Wagner produced 60 bushels of barley per acre.;. ' Chas. May produced 00 bushels of oats per acre. LOCATE YOU ARE GOING TO THIS SPRING. A look will convince you that Montaua is th? new west with wonderful opportunities. For information write to 1 - 1JH L. fiIOLEN LAND SALES COMPANY-- EL . Salt Lake City, Utah. Care Cullen HoteL Great Falla, Montana, Care Hotel Rainbow. IN A NUT SHELL You men from the Beehive state, thin out. You will never gather much honey close to home. Flowers bloom in other fields and while you prosper the home hive will prosper also. .........I ... Land Prices $45.00 to $65.00 Per Acre. Eay Terms. of credit and If It ha the market may not Hupply clear p&il:njr. Strength marked the European exexcept Swift rate, and there change. On mah sold. One man from Hyrum, Utah, purchased 1000 acres of land in Idaho He laid the wind might blow and wo might have were evidence of extensive speculation some years ago. Hes a success his winter home is in Los Angeles. a hard winter this year. Hes a renter. In this market, too. Sterling demand biile were lifted 10o to the nund. rining a A good investment is worth the tavings of a lifetime. E. H. Harriman. high a to S 764, and cloning at 3.75. Mark quotation rose to 1.66c each, an enhancement of more than a quarter of a B3B cent for the day. French exchange followed Ixmdon In a brisk advance of 50 point to 13. IS. Local Mea Go to Casper. MINES COMPANY Mono lb, with hi attorney, J, W. Ensign, Ballroad Bonds. ISSUES FILES BOND left yesterday for Casper. Wyx, to look after 4 1A. Report .4 by 1. A. Hnlt A I n t the I bn lateresta in the Balt Creek oil district. Silver Kin( Coalition Mines company, (Chicago Tribune Stcial Service.) "WASHINGTON. March by Its secretary, Frank 3. Westcott, yeslrnlte4 New York Curl) Stocks. adhere State tieasury department terday reported to the state board of (Aa Reported by J. A. Hog? A Co ) to Its program to oppose further bond equalisation that Its assessed valuation for the present year should be 1970,354.78, which would add to the public debt, the main Item being three times the net either for the purpose of reducing taxation or for the payment of bonuses to proceeds of (359,171.92. soldier. Neither sill It abandon or postThe report shows that ths company In a from to create taxation pone Its plan 1919 mined 19,482 tons of ore, from which sinking fund of ft2ra.oB0,noo annually with which to buy in existing JJberty bonds the gross yield to the company was and stabilize the bond market. and to lessees $8611.40. .The conThese facts were established today and tents ounces of silver, all doubts were removed aa to the attitude 14.587.32 ounces of gold, 10.862,887 pounds the treaaury department might take toof lead and 145,718 pound of Copper. ward the proposal which former Secretary From the gross yield deduction were William G. McAdoo ha made, to postpone made of $521,214.31 as cost of extraction: 250, ortO.OOb the sinking fund for two as cost of reduction: $63,599.18 filet 3211,299.74 between the Polish and Oxech years and issue $1,50,W)U,000 in new' longfor transportation and $6904.77 for con- - workmen. In all 26,000 men have struck,- term bonds In order to reduce taxation struction the work at mills. The strike was begun as a protest bv $2,09ifoc9,(MjO oer the next two year. In greater detail the report showed 167, ths action of the plebiscite party against Mr McAdoo conferred with Secretary 502,73 spent for development work; 4 In replacing workingmen members of ths Houston today, )ut whether he sought 53 for extraction of ores; $45,511.09 for local committee by bourgeoisie. to convert the new secretary of the hauling and hoisting ores; $13,362.18 for treasury to hi plan w'as not disclosed. surface expenses; $26,694.34 for general It Is known, however, that Secretary mine expenses; an item of $3857.40 paid to EXTENSION PLAYERS not a cohvert, and it can be flbuston the industrial commission in addition to stated positively that should congress TO $5074 80 for workmen's compensation; show any ign of responding to Mr. Mc? for taxes; $11,043.33 for drainage, mSMHM Adoo suggestion, tne treasury, a now and 317,007.19 for and office administration one-aA of three program mib 'Op will plays, oppose any plan constituted, expenses, not including ths salaries of O Me mitted for carrying them Into execiAion. and "Will Thumb, "Playgoers corporate officers. Smelter charge included $156,553 for reduction and $46,045 O ths Wisp, will be repeated by request for transportation. Tramway expenses of St the Social Hall theater at 8:15 o'clock Ralls and Industrials. 116.298.31 were included In the transporA. Mogle A C.) (A Reported by tation charges. Milling expenses were tonight by members of the University of( Twenty industrial 97 11. off .27. Utah extension department class In play $73,804.72. TwphIt railroad 7H.S4, u .(M, In to addition the three times the net production, under the direction of TV. Jt. Affected by Demand sterling. 11734. P the mins to taxes proceeds, expects pay This same program was played the advance iu sterling, bar nltvrr fell from on machinery valued at $120,524 and on hharp. with such success on February 22 that 77 to 7.5l per ounce in London. The mine In deference to the requests improvements worth $72,3uO. jot many who. Huge sLipninls of gold from Prance and I will also pay on $5 sn acre for its extenwere to attend th nrst England will roach the LnltM States wlthm sive holdings of real estate, se that the ance Itunable a abort time, according to lnf"itniatbn reach-luwaa decided to repeat theperform, plays, , total assessed valuation of this Summit Secretary of the Treasury Houston. During th month of April members ef county property will be well over the class to Regular National ( hmk and Suit dividend are planning give several of $1 2ft quarterly oo common tvk, payable performances of some of the beet of modApril ft. one-aApril 1ft to stock of record ern of plays Reading plays. subnlted Drug company New York Bonds. ftrrlcken from ht which are being considered for production INCREASE IS receipt for Drat preferred stock full ux a a. rg has (40 Elec fla . . MU scription begun. inalready second paid and paid; first inslalluont dr fOMpft 1XI4 flt Nor let 49, IN performances of the program to ORDERS heSeveral stallment paid. M K A T let 4. 67 4 do 4 given tonight are scheduled before shows net Income of Subranime poaj loft Me Iie gen 4s.. . M4 do ev 4 eOnpon ward and local clubs. Ou to taxes federal 1919. organizations equal subject NEW TORK. Marrli 10. refilled enters ef Friday night, at 8:15 oclock.-th- l . W4 Panama 8a re.... RH Mont Pr 5s to $2 99 a share mi stock. program 8 O 8 L tbe I ntteri states Steel corpora t los ee Vetoni of . MS do foapoa es4.. same authorities men and with the government casts wilt be givsu Hallway Am T T e da 174 Pa T A T ft.. . ary 29 were S.AoS.tsU toes, accordls to the at plays in froight rates at from 20 to . Increase Twenty-fir, the timate ward house. coa 41a. . . 914 25 Armour A fo 4i eorpnrstioB'a monthly statement Used today. Pta when final prort per cefjt. September This is Se Increase ef 216.6SO tons compared do gea 5 AtchiMMi ffm 4a, . 7 . 89 uew railroad law become effective. of shut with the orders of faaaary 81, B MS Reading gen 4.. . 754 0 fttxuit 8125,000 POO IS SHOWN British haa earmarked This is the ninth ransecotlTe month to show STRENGTH Central Par let,. 72H KtLAriP edj H. . . (144 to America before AugUe gold for Shipment 71 S 8o Pac cr ft an increase. The figure on January 31 were C M A StP"r4H . . disto due. loan 1ndoit KrHich IN is FOREIGN according EXCHANGE 7 Ho Hy 6s t 25 41, and oa December 31 they were C R 1AP ref 4a.. 854 patch to Hun and New lork Herald. 70 Texas Co ev 6ft . . .Utf Chili Cop col tr 8,266,306. rit ctared Hloas Sheffield regular quarterly . X steady torreaae Is nnfllled orders 90 A Texas Par!a . of da.. Par EW been haa Marrfc City YORE. 1ft, lt. H4 dividend of Crtftidrb per cent on preferred stock, Dorn of C 6a 81 91 W V 8 Hubbr 6a,. . . 85 reported every month nan May, 1919, when froairth wa bowa hi !rllnff eifhaux tort?, payable April 1. the total mas 4.2S2.310 tana, and the axxis-fat- dbonaad bill cio!fif at the 89 Erie fea 4e 464 Wabash 1st f $.1,76. a net' rat 1JuUrned until ftUrrfe 1ft. Goodrich niediug haa been brouxht to the highest level gain ef 12M.e oxer final fijrnrt. Regular WWconain (.entral railway preferred siBce September, 11117, whes unfilled orders Froae cheek were qooted at the rote of (ID klend of 2 per omt payable April 1 to stuck Utah Banks and Industrials. of 9.633,477 ton were The 2ft 13. the Americas reported. Af dollar, U up ftii centime: figure 22. Arc fr of record on February 28. 1919, waa 6.U10.787 lose. and lire check were qaeied at th rata mt (As Reported hy J. A. Rofia A BANK PTOCKfl. 17.52, an draoce of 4ft centime. New York bloney. ermaa mark toil for J ach each, tkft ' Bill Asked. Government Bonds. hiftbest rate la aereral week. NEW TORE. Monk 10. Mercantile paper. Trwet tflnmbia floMiol fAe I A. Co. 44rKc. Reported by J Hngle Teoeret Nsftosa! Bitty-da.310,0 BferHng Mils, Would Witness Electrocution, RxHulne, lirong National Bank of the Republic! 215 on banka. eommerrial aixtv-dabill, $1714; 1.5ft Bank LUXI.GTOr. Ky., March 10 T. ftA eemmerelai atxiy-dufteourtty 8at 71;. debill. $.1,714:4 CtaJi datings A Trust ....... 12ft. ) nd F. 8.1.7 Hardman, brother of Geneva francs Demand, mand. $3 75'; rahl-sttalker Brothers Bankers .... 2.Vn.wo murdered school girl, today Hardman, Belgian franca Demand, 11.32; cattles. 1.1 do. 12. Umldera a 12 id 3ftT4; Demand, cables, delegation of Payette county 02; ISm 8TR1AL STOCKH Lire Demand. 17 72; cable. 17.70. .Id n of to witness the ins cable. Kldyvllle .. ft 15.-- ' Mark ,12. Amalgamated Bugar lemaDl. 1.&1; cable. of Petrie Kimbrough, alia . Consolidated Wagon . bonds, irregular; railroad bond, .j. 322 0t ;orernnient Will Ixx'kett. who killed negro, the gici. 84 00 irregular. ere February 4. Time loan strong ; unchanged. The Hardman brothers said they would 7 centhigh. per money, afeadv; lrw, (all sk to ba allowed to turtytbe switch 7 per cent; ruling rate, 7 per cent: closing bid. hrowlng electricity into the negro's bodv. laat Ina. per rent; offered at 7 per 4 8 per cent. 7 per cent: bank acceptance, London Gold Arrives. . ft. 1115. SOME FACTS: TREASURY TO OPPOSE FURTHER 10-- VALUATION Tle 111 $1,083,-513.- included-528,323,68- $298,-09- I APPEAR TONIGHT ct J- - 1 ct 1 r . SHOWN STEEL . rf . I rt st 1 m.. V . ,14 1 (.) ' J I, l. elec-itio- 1 $irf,ek exchange, NEW TORK. March 10 Knhs. L.eh A Co, Pterhug receded slightly from the day' high inniinooed that gold veined at 31 1U0. 041 waa price in the later trading. bill, $3 70; commercial shipped to the firm here today from laiadon. Hferllcg tfiity-dabills. ln banka. $.170; commercial 1 ms Is in addition to a shipment of 81.2M.0uu ixty-daatiry day btiU, $2 604 dtinaud. ftJ 744; cablet, to the sme firm made a few day a ago. $3.73. Hen-schet- ed Robert 01 aloe .,... Electric . Strong Price Trend Recorded to Close of Active Propose Bank at Lo. Plan Sugar Factory. Proposal for a charter for the State Bank situated at the Sperl.l t Tb Tribune RUPERT, Idaho, March 19 According capital of that county, have been submitted to N. T. Porter, atste bank com- to a letter received by William from" P. H. Crow of the Idaho missioner, for approval. The. new bank Is to be organised with J20,t0 capital. In Cooperative Beet Sugar company, th of1100 eharea. of rethat company have reported heert ficials Subscription have ceived from fifty or more stockholder. favorably upon th plan of hulldln' a W. 8. McClellan, ) X, d 432j 021k 124 283 22rt 87, 44 1V 14 14 IBS, lft Product eloa Pacjfip ('tilted Cigar Stores .. S good Prnducta ... II S lad Alcohol L S Smelting do pfd tl Steel ..., do pfd Western y ' You want lo make some nioney. I can sort of feci it iu the air. Well, listen! Make your beledion of a choice tract The tide is starting' that way, aud'the same of land in the irrigated sections of Montana, while the prices are at the lowest. condition will exist in Montana in a few years as now exists in Idaho. The soil is just as fertihv The water rights are good, and the climatic conditions are similar to the Snake Iiver basin. Idaho land that was $30 to per acre a few years ago is now $200. Choice land can he bought with water rights that need. only the perfection of the small farmer that comes from an irriThe ditches are there, hut the land needs laying off in a systematic way, and a farmer on each 160 acres gated section. -The days of the large stockman are past. instead of one on each 3000 to 6000 acres. The other $250$ will make the first payment on 200 acres half of that seeded to "wheat should bring at least $6000. Other Utah farmers are' doing that. half in oats, barley, alfalfa and other crops should net, besides seed and feed, $10,000. f)ne man Parted with a small capital in these new sections four years ago. lie is now spending the winter in California. l I W'entlnghotiso . Farmer: Mr. SUM 8ft 84 334; 21 A? S tj's''' 3'" WILLIAM HOWELL, President LOGAN, UTAH f'V 8' . it vi k' M 36, Tobacco tfnh NEW TORK, March 10. Net earnings of the American Sugar Refining compenv for 1919 aggregated $15,250,619, against 912.587,487 in the preceding year, according to the annual report of the company Issued today. The volume of business for 1919 amounted to $3w,6ii0,000. an Increase of about JloO.OOO.OvO over 1919, but tie operating profit remained at about 36 per rent. Th report showed that Jh companys share of business m the United States decreased from 80 per cent in 1900 to .27 per cent In 1919. Statistic accompanying the report state that'eonaumplion of sugar in the United 'States for 1919 exceeded 4 000.000 tons for the first time. This is 500,000 ton more than 1918 and 209,000 ton more than tanc tlon- 1915, the highest previous year. Hv' lllfGVrl-MSVllW- M c '.lontano Land and Irrigation Go., Inc. l'V t v 479.121 ,117 ,1111'i 'vl St 109. 9 L 192 92V V 91 Tt 2i:- SO. 2tv, 3 27s 89 IS' 4V 127 123 'UA 72' M Ml ft?: 134 8Vi 40 77, 41 377- Corp 1S7N llu.'1 Itcvi hMi W'V 9w 99V, 99V Ml 99 ertb bS :i D. A. Stokes harvesting 400 acres of wheat IZHV.l!l2t 427 loi 772 24V Kf Stodebaher RAILS FEATURE 46, l.V 98 ar ! , 4A 99 1 j m'Tbi ! . chi .1 High 16 87! (J vi ) List New York Stock Amer if t V v- ' (Aa Reported hy J. A. Htgte A CM WHOLESALE DAJAT FRODtJCE. (Quotatioaa hy Mutual Creamery Company F Cane lota, preah extra rreamery better, ila cnhe..ft .3 rarttM .W4 frean eifra creamery batter, paren freaii flrota creamery batter, 5 meat print butter la rartem. .W24 Proh ftrot tdufo. ,4ft tulwi, (ooking butter .40 Ranch egg .V Pull cream cheeae. triplet ivotig Amnc .48 B!k bwum 37 Cream brufc cr"er Why Cold You Beck From Funeral. SPANISH FORK. March It). F,. ft. Johnson of this city arid his daughter. Mrs. Emma Jehnson. have been in Scofield this week, where they were railed bv the death of their son and brother. Th young man was William Johnson. a native of Spanish Fork and resided few a here until years aso. He was about of age and Iraves a wife and 30 year set oral children. The funeral was held Ieatn was due yeeterday at eofiehJ. lo Influenza. Cool Strike Reported Spreading. VIENNA, March 10 (By th Associated Press.) Th strike which started recently in th Mahrtsch Ustrmu coal field. In ths Teschen district. In dispute between and Poland. Is spreading rapidly and la reported to be taking on the character of a communist or Rpartn-ca- n Red (lags ar demonstration. st th pit shafts, the advices state,flylns and band grenades have been used lir con- Csecho-Siovak- ia are often- - Are Dangarous, told to "beware of a diseases. Teopl who contract pneumonia first take cold. The longer a cold hangs on. the greater the danger, especially from the germ diseases, as a cold prepares th system for th- reception and dev. moment of the germs of corisunipnou, sriet fever si.d whooping o,,l(i The quicker you git rid of your cold, ices danger of contracting on of thee Coiis-Reinoiv disease. Chamt-eriaiihas a great reputation as a cu-- c fo- - d sod can be depended upon it ;s . to take. (A Hsrtenjet.t ) s. e i' f. -- |