Show TJIE SALT LAKE TRIBUTE EXPORTS TO WEST SETS BIG SUM FOR YEAR’S BUILDING ORIENT SHOW BIG INCREASE Total for Eleven States Compares Favorably With That of Recent Seasons SUNDAY MORNING' MARCH 13 1932 SLUMP BRINGS NEW C LEADERS GOLD MINING BANKERS SEE CHECK OF FIN ANCIAL CRISIS TAKES ON NEW LIFE IN IDAHO Rise in Bond Prices Recovery of Dollar caused by ciianges swing 9 Held Encouraging CHICAGO March 12 (£)— A new tiplied production at a profit Hobbs Trades Council type Slate Inspector ' Reports of business executive is coming said Eleven western states Arizona California Colorado Foreign The financial crisis which overtook the world last May to the front according to Franklin P The recent designation of Sewell Tells of Gain in Idaho Montana Nevada New Mexico Oregon Utah Wash Big Expenditures on Hobbs Chicago bank economist and June after the general economic depression had been Avery as both chairman and presiChanges of both the pace and aim dent of the great mail order house of Ington and Wyoming have outlined tentative construction in progress more than eighteen months has been definitely Eastern Trade Development of many of the country’s huge indus- Montgomery Ward & Co was cited programs which compare favorably with activities of recent checked In this country according to the views of leading trial and mercantile enterprises have by Hobbs as an evidence of the trend seasons The grand total sum which these states hope to put combined he holds to seat in the toward the new executive bankers here and shows signs of Improvement In several Though into construction this year approximates $500000000 to NEW YORK (UP)— Eastern Asia is presidents’ chairs an increasing num- educated in law Avery first signal BOISE Idaho WPj— While mining of directions abroad the one section of the world where ber of production and merchandising ized himself as eastern sales manager lead zinc silver and copper lan$600000000 Revenues will determine whether all highway the United States volume of export The chain of banking and exchange Their orders are to "get the for the U S Gypsum company which guished in Idaho gold mining took trouble set in motion last May by the and municipal improvements planned will be carried out trade gained ground during the busi experts on new life in 1931 Stewart Campbusiness" he also heads lt the national forcollapse of the Austrian Credit This group of abates is pushing both public works and private ness depression Following the merger period of the Among the many other great busi- bell state mine inspector reported and which spread to Germany trade council reports in an- early decades of the century big busi- ness executives who sidestepped law today in an advance statement from construction ai a means of boosting employment and at the egin England and finally last fall to this nouncing its plans for its convention ness turned largely to the and finance Hobbs pointed out are his annual mining review m Honolulu May 4 5 and 6 same time meeting an economic necessity country has become in recent months Although the four baser metals type of executive whose J C Penney chain store magnate the foremost economic problem comThe volume of American exports great leader was probably found in Henry Ford Patrick Joyce whose ag constitute the principal metals proApproximately half of the estimat-- ' to pletely overshadowing the general Japan China and India the coun- the late Elbert H Gary Financial and gressive administration of the Chi- duced in Idaho yet "gold in 1931 edl total represents building activity 6 is cil said more than per cent great- legal problems then were the big cago Great Western railroad brought brought about more development stagnation of business out of which The San Francisco chamber of com1931 1930 it grew in contrast corporation’s chief concern er for than for a favorable showing even last year wnrk to the fact that the volume of AmeriThe Yellow Pine Mining company merce estimates that $205000000 From judge Gary went to the prin E L Cord automobile manufacturer Market Passes Crisis can export trade as a whole dimin- cipal executive post of the United the Fisher Brothers of Detroit and a at Stibmte in Valley county one of worth of building will be done in the For some months it has been the BUENOS AIRES the Bradley enterprises spent $430-00- 0 ished by more than 20 per cent dur- Slates Steel corporation when it was host of others expressed opinion of bankers and bay district this year Highways worker in Argentina who earns formed the hugest aggregation of “it may be that industry1! said during the year building a new ing this period economists that a revival of comconis more a week than constitute the second big Item on the $10 mill The outstanding case of increased capital in America its mine properties Hobbs "has come to believe tlikt the opening up merce and industry awaits only the tributing part of his salary to trade in the orient was that of China Now industry beset by problems of financial-lega- l mind is not so impor- and generally preparing for projected program calling for apsolution of some of the pressing finanthe new the under government where United States sold products distribution The comSt Lead this as and operations in sales tant the era is inclining Joseph merchandising cial difficulties that have arisen since proximately $16000000 Municipal internal taxes decreed to balworth $98000000 last year compared toward the "business man” type the mind who can sell the goods or serv- pany went into the long silent Atlast June This market was (he last ance the budget and meet the projects including river and harbor with sales of $90000000 the year be- sales manager executive who linds ices or whatever the organization has lanta district and reopened mines to feel the full force of the financial nation's foreign debts there which had not been actively fore the only important gain made a way to dispose of the machine-mu- l improvements for coast cities total to offer” crisis and appears likely to be the The wage earner who reworked for many years During the during 1931 in our export commerce $82000000 Irrigation and flood confirst to throw it off ceives $600 a year pays $264 in $250000 was poured into the and one from raises Chin? year which trol building plans call for $21000-00Among the most encouraging signs salary taxes On $900 the tax and a large crew was kept tenth to seventh place among the purproject of financial improvement as distinPublic utility and railroad conis $4 SO $1800 $2040 $3000 $72 chasers of American products busy during the winter building a guished from business recovery that struction plans embrace expenditure mill and developing- gold ore pros $4200 $129 and over $6000 4 the westward tendency Recognizing have appeared in the last few weeks of $25600000 of our trade the program of the Honoper cent or $240 up pects Communication with the out8re the reduction in bank failures The worker does not make side world was maintained bv airlulu convention includes speakers Big Program In California the decline in hoarding the improvethe return His employer must from Japan China Australia New planes operating between Atlanta CalifornL’s 1932 construction proment in bond prices the recovery of subtract from the monthly levy Stibnite and Boise Zealand and the Philippines gram is equal to the combined prothe dollar in the foreign exchange the and worker's transmit The Idaho exGold Dredging company pay The council in its statement grams of the other 10 western states market and the restoration of confito it the national a new to treasury Warwork near put dredge pressed belief that the present critiCalifornia authorities in the construcdence among bankers T There no for are in rens Warren to exemptions Meadows cal in flush the Far East has situation tion held expect 1932 to “develop into New Measures Help or wife a out in fafield family a in new added made time and gold already one of the biggest construction years significance To a large extent bankers agree mous by gold strikes of previous occasion to the frank interchange of the state ever has had” At present these improvements are due to the views on the vital commercial quesdays the proposed program embraces about Gold mining received a setback l tions affecting the Pacific area on Saturday’s aggressive relief measures that have trading on the sue which strengthened its price po$366000000 This California program been taken through the formation of which the Honolulu program will be Salt Lake stock exchange was the sition in a move upward to $1 al when the forest fires of last summer does not include the ca the Reconstruction Finance corporabased lowest m the history of the local mar- though Park Bingham at 1 cents burned the town of Quartzburg in nal which will carry water from ll tion and the enactment of the ket the memory of man running not is a new high for the year for that famous Boise basin and along with Boulder dam to southern California bill which broadens the disit the Gold Hill mine e But the to the contrary But two issues were issue to be built at a cost of $38000000 count privileges of the federal reserve Mines comDany owner of the traded in New Quincy for 1000 shares Most of the active issues experiIt is not definitely known whether banks and by increasing the "free at 2 cents which with a as- enced little change during the wepk mine immediately reopened and bework will commence this year and gold’’ at the disposal of these instiDiamond Oil company — Drilling op- sessment established a new low of although new lows were set for the gan development work on the 1100 how much will be spent during the tutions removes the check upon their cent for this issue and Tintic year by Empire Mines at 2 cents foot level the deepest gold developerations on the Diamond Oil comcoming season California’s 1932 proopen market operations formerly excents Eu- ment in Idaho pany's well in Diamond Fork canyon Standard for 100 shares at $220 Eureka Bullion at 14 gram calls for $45000000 for highercised by foreign gold withdrawals were suspended during the week This issue dropped in price during reka Lily at 7 rents Iron King at 8 The Idawa Gold Mining company ways about $2000000 more than was Statistics Says and domestic in the same county continued to be Standard to a the week 5 new a hoarding 8 of for low the cents at at Consolidated Park for 1931 this awaiting City in year string expended casing purpose The effects of these measures are which will be placed in the well to $215 cents Tintic Central at 1 cent and an important producer during part Two Pacific northwest states OreRoads to to become of the Ready Emerge as did increasingly eviexpected make a permanent water shut off year the inspector said The largest Trading was narrow and profes Walker at 50 cents gon and Washington rank next to dent in future weeks The vast maThe company's engineer reports a sionai during the week with spotty downward movements were made by the basin dredge of the Idaho Gold California in amounts projected for From Decline This dredge strike of an oil sand highly saturated activity Tintic lead was the only is- Eureka Bullion and Walker Dredging company chinery of the Reconstruction Ficonstruction Oregon's program for nance corporation is still undergoing burned in Julv and was not rebuilt and before additional drilling is prothe yean is expected to exceed Bat Sat tlie process of organization The corThe inspector pointed to Idaho Asked Bid ceeded with the rasing will be run while that for Washington 02 NEW YORK— The railroad Indus poration has already lent nearly 00 a I so that a definite oil test can be made Alta Con county as the scene of much developis estimated at over $29000000 Nine00 01 ‘a ment In Alta Merger to railroads and Is reported Several old try is ready to emerge from the throes The driller reports the gas in the well gold mining teen hundred and thirty-on- e 04 01 stands Alta Mich so strong that the bit was shot up into 02 Alta Tun companies continued production and of the traffic earnings decline which to have made a few bank loans but as the record building yeai in Ore- Plans 10 07 Am Exploration Shipping Antimony the hole several feet before closing new ones began prospecting particu- has characterized over two years of as yet it has not operated extensively gon history but the coming season Am Metal Min Co 004 larly for placer works which can be operation says the Standard Statistics m the banking field according to the 55 01 Concentrates to Smeller down drilling operations Annie Laurie promises to become a worthy succes01 Beaver Cop company of New York in a compre- understanding in Wall street opened with less capital sor Highway construction will be F 11 os1 Hill r Nonmetallic mining saw activily in hensive analysis of traffic problems in Salt Lake Bank Failures Decline 01 vt the big item in both states forecast 01 'a Bingham Metals the phosphate fields' of Bear Lake confronting the railroads which has The 07 Black Metal at $12000000 for Washington and of the passage 00 Bonanza Mining 004 and Caribou counties The Anaconda just been issued The survey says bill has enabled the federal reserve $9500000 for Oregon 00 00 v Bullion MOSCOW Idaho — Reports from F Conner company of Anaconda Mont in part: CHICAGO 05 March 12 fAP) — Increasing Bristol Silver to Its take antideflation efforts in Arlsona Sets Highway Work W Bradley prominent Coeur d’Alene uneasiness over the condition of the Unit03 01V and the Solar Development comnany Cardiff "It is unlikely that anything like the last up two weeks it had been ed States winter wheat crop led to higher 01 Cedar Tails a subsidiary of the Consolidated Minnormal will be obtained be forced to abandon where Highway activity calling for the ex- district mining man indicate that a prices on 4 todav in ooh Central Standard them the of Lowest mill two about for of 35 29 production Trail fore another $9000000 features Chief Con pilot penditure temperatures yet In the present ing and Smelting company years at the earliest because of the heavy exports of 03 spell were reported from Kansas Ohio Colorado Con Arizona’s B C shipped large quantities of but corrective forces are now at work contemplated $18000000 of antimony will be completed soon cold advices Indicated damage would be aug00 Rexall gold to France and other European in in central for Yellow the Pine district a in the to and Colorado railroad each its home has program mented when wheat thawed out and there 04 04 'a plant for phosohate year gradual recovery Combined Met all countries The rediscount rate has a tentative construction program em- Idaho 03 03 v Mr Bradley is president of were estimates that several million arres Crescent Eagle traffic and earnings is in the making been reduced to 3 use in manufacturing fertilizer of hard winter wheat in Nebraska Kan01 00 per cent bill rates Croff comSullivan Hill Bunker and 50 the of Idaho’s The Idaho comrailroad Cement $15500000 Portland call bracing operation have come down and last week it During sas Oklahoma Colorado and Texas would plans years Crown Eagle Oil for the expenditure of about $11500-00- pany one of the largest silver-leain Bannock countv was active there has never been a period of wide was revealed in 02 require auspicious weather hereafter to Crown Point pany the Thursday federal Dix Butte existing drawbacks between $5000000 and $6000-00- operators in the United States with overcome throughout the vear and marketed a recession for railway earnings which reserve report that the system had u Wheat closed firm o 01 above Dragon an not followed was Colorado mines and a smelter at Kellogg in day s finish corn unchanged to yestercement of going into highways 01 tonnage large by lower East Antelope immediately $19399000 of United States oats unchanged to 01 off and provision? 00 E Crown Point The bought Oil and gas enterprises were active upswing of large proportions operations are forecast the Coeur d’Alenes government securities in a further 00 East Standard at close to $6000000 The Bunker Hill Is making three unchanged to a rise of Sc in nation east at both west entire and of the Idaho but upon dependence 10 effort to relax credit Tin Coal The estimated construction program major developments in the Yellow 20 19 the beginning of the year no com- the railroad industry and its various East Tin Con Bank failures which reached un03 01 East Utah for Montana is $16000000 highways Pine district the antimony mill being business it makes in ramifications mercial of bodies oil and were gas 03 Emerald precedented proportions last Decem01 Emma Silver accounting for $9500000 of this one of the projects The antimony reported to the inspector Imperative that a profitable level for ber and January declined by approx03 01 l amount Last year was the biggest concentrates from the new mill canMines Empire the movement of freight be restored" imately s In February and 01 Equity Oil road year in Montana history and not be shipped until late in the spring The following are among the major In the first three 16 Eureka Bullion days of March only 80 08 05 the 1932 program falls just $500000 because the mine and mill are and assumptions upon which two Eureka Lilly premises suspensions were reported 04 00A Eureka Mine? short of the 1931 expenditures Due miles from a railroad and at this time the forecast is based: 03 01 ’Gold Cham to Hoover dam activity Nevada has the only means of reaching the mine ‘That no business prosperity in this 0) Gold Standard NEW YORK March mill In th 02 01'' Great Western one of the largest programs of any is by the use of snowshoes The parts '0l" 01 Youngstown district will operate next week country is possible without the railHowell at about 30 per cent- of capacity or (he road industry participating to the full:::i western state despite it being one of for the mill were hauled In last fall Indian Queeu same as the past week according lo esti- est extent 06 10 08 13 01 Iron Kins the smallest in the group The Ne- - and workmen have been assembling mates It Is expected that Republic Steel 01 — on 03 0(1 March 12 ( AP7— Followln art Kennebec will operate at 22 per cent asalnst 25 per trend of indus- tnaBOSTON vada program is forecast at $24000-00- it this winter That the long-ter02 00 low and cloalni of Utah 'galea Kentucky cent In the week Just ended Carneile Steel 04 08 06 It is planned to send the concenthe larger part of which is contrial activity in the United States is stock traded Saturday on the Boil priceatock Kevstone 02'j Is to 35 cent continue at likely per 01 exchanLeonora still tributed by Hoover dam and construc- trates to a smeller at Sait Lake and upward 01 01 "of ‘'60S Little May ana tion activity incident and essential eventually an electrolytic plant will "That i ail way traffic will return Many records for the calendar of idver 031 Mannolia Lead 39 i 20 sity were established last ear and one and any conflicting assumption would Am Founders to this great enterprise '"12" be installed at the mine and the caMammoth Am Id Al Tel Is likelv to stand for a tood many 121 A 129 493 123 ahlch 02 'A 00 Michigan Utah Utah’s construction plans for the pacity will be increased to 2500 tons vear accordina to Wall Street briefs Is indicate that the business prosperity Anaconda 9V 10 02 JS 1? Miller Hill 10 the unprecedentedly large loss absorbed bx of the country had reached its peak Copper Ran ' Mont Bmcham 01 year call for approximately $9600-00- dally Edison El 34 135 K IsTilP4 39 60 enrporattens with foreign connections on 'I'" SO Moscow "That when the demand for addi Employer Group with state highways to receive Annual report of 05 depreciated exchanges Mt Si at a pet 3014 510 31 H 30 such companies for 1931 show heavy New Mexico is planning tlonal transportation services returns Gen Dec 02 $4000000 Mountain View New En T & T 15 109 offs on this account 07 Naildrlvrr '21 to spend approximately $6500000 on the railroads must be in a position to Nor Butte CASH Ql CITATIONS '03 New Bine Mary 02'i 1 90 H4 oov CHTCAao road building Highway activity will March 12 (API— Wheat- No The F W Woolworth Co foreign sub- enter the supplementary services such Shawmut Assn 06V or New Quincy (121 W 60' 14 2 13 2 red 60 58 74 60 sidiary has had larger profits so far in as those furnished by airway high Stone Ac Webeter sample grad red 56 No be the major construction enterprise North Lily oo V Torrlniton a lfl'12 than In the corresponding perfwd of 00‘ haid a No 2 hard 5fi'j59 No 2 yel0014 No Bondard IIu and line inland 38W U't in Wyoming $6500000 being the total Unit r Fruit low hard 582 No 3 mixed 57 way waterways’ pipe last IS a to statement year arcordlm by Copper '"Ohio loo1 4011 40 Unit Shoe Mach W L Btephenson managlnc director who Corn No 2 yellow 36rl0 No 3 yel01 forecast for new building and ‘Opohongo 300' 40 137 low 3Afrj35 Utah no' No 3 white 74ltf34 011 is returning to Europe 01 He does not bePirk Bnihwm 08 V lieve 12' Oals No 2 white 2o'a25 No 3 white 00 that this necessirlly Indicates the Totale sales Saturday 11183 aharaa 06! Prk City Con oo 23 ' fi 24 All Workers An-sta- In Argentina Taxed High lawyer-fmancie- (P-E- - very ‘ big-sca- TRADING LOWEST IN HISTORY 0 ON SALT LAKE MINING MARKET to Saturday Week’s Activity Spotty Lower Issues Respond Two Call one-cal- UPWARD MOVE 4 Giass-Steaga- Tal-ach- Oil Drilling SEEN IN RAILS Company Starts 2 Mill to Handle Mine Product 0 -' Chicago Grain Glass-Steaga- 150-to- 0 0 ! road-buildin- two-third- Wall Street Briefs 1m Boston Stock List p 0 -I 1 - 0 111 Miner Confirms Reports of New Gold Vein Find SILVER STRONG The market position of silver is one of accumulating strength says the United Business Service With a rapidly falling outturn from the mines and a trend toward increased monetary use the outlook for the silver industry is more promising today than it has been for half a century Large profits should accrue to interests that are able to supply the metal in ’ 1 ‘"oif sales Rye— TONOPAH Nev— Billy Kidd who Barley 38'rr 60 Timothy aped 3 00'u3 25 has been working at Rhyolite all winseed 9 00b 13 50 ter confirms report of the new gold Clover Lard 4 85 ribs 5 87 bellies 587 strike in the Grapevine range The MINNEAPOLIS discovery was made by Charles W MINNEAPOLIS March 12 is The of 50 cars property Beatty Finney compared to 174 a year c hither Cash No northMarket located west of Curry Wells at the ao ern 71'773e No dark northern 15 southern terminus of the Grapevines per rnt protein 76'u 79c 14 per cent 13 per cent a distance of about 35 miles from protein 73'" 76' protein 71 71 12 c No 00 04 1 35 Park Km Park Konold 04 y" 1 OS' 10 05 15 1 U 05k 1 15 ' 15 21 ' week-en- 78 100 20 looo 16 10 Sugar Uteh-Irtah- Pfd Utah Idaho Sugar Offer -- It t RALPH A BADGER & CO 1C ffe t ZM Soot St per cent Mining Company Sees Surpli Cut S3 000000 12 Com TUah Pow H It 7 78 50 01 Cun Bunker Hill C M 1 1000 Zion's Savings Bank Offer It Was JIM ““ Up & Down The Street ELY Nev— Nevada Consolidated Copper company finished the year 1931 with nearly $3000000 less rash ion hand than it bad at the end of 1930 according to the annual stateof talk Thf tourtli of the ment released by F E Buffer of Me between calls on the Salt Lake stock be clerk will Gill chief Riven Monday mornexchange Cash on hand December 31 1930 ing at 1030 by A B Young metalwas set at $8164 361 98 and rurnpts lurgical engineer and economist Harin 1931 totaled $6 328 609 28 an aftgre ry B (’ole exchange president an gain of $14493991 36 Expenditures nounced Saturday Mr Young will 5 In 1981 were $9017667 06 leaving select hi subject The public i iv 175321 20 nn hand I'c'emb-- r 31 n't I t a i f — 110 1 20 00 OS 10 00 06' 03 30 00 '4 11 01 Wen Lead Con Exploration Colt £uma RANGpn rri rvtiio March mintn APOrln etd unchanged 12 and The state securities commission has granted registration to the following' Northwestern Fur Traders Corpor- ation of Utah to offer 7500 shares of 7 per cent preferred in units of two NEW YORK Msrrli 13 (API Per !ire shares of this stock par value $10 earning for 1931 of corporation raport-i- and one of common $10 in thr piH par for $20 ek with 19J0 comparl-aon- i included through agents at 20 per cent the pro1931 1936 a in developing Tntemtat® Tpt Store S2 03 ceeds to be used II 75 93 muskrat farm of 3800 acres at Fish Fairbanks Morse Nil Nlj 5 17 Youncfttown Bhret At Tub Juab county 20 2 07 Springs tnurnalional Tel At Tel Colonial Holding corporation of 08 Nil OUi 8lee 17 J 34 6 Ref American Bmar Salt Lake to offer 1000 shares of 7 71 Nil Petrmaum Phillip at $100 par and A merit an 4 16 per cent preferred Ire J 5 of common at $20 par 4 87 1000 shares Ref J 54 Corn Product 2 04 3 21 American I itrht At Power agents on 15 per cent 1 02 $10 through Pierce Ar Motor Car Cl A) NH J 40 commission Atone Ar Webster M6 61 60 Massachusetts Investors Trust to Burroughs Addin Mach 71 38 Btudebaker Corp at msrket 5 07 8 14 offer 23000 shares Wni 5riley Jr Co 6 AS 3 88 The following registrations were Flee Standard Has 41 Nil American Locomotive canceled or withdrawn the companies having failed or not caring to continue to meet the requirements of the commission: Oriental Ice Cream company fo Salt Lake Mackay 12 loss BOUTON March AP)— Continued Metals of Pocatello Idaho and Forest of e aireable mill Jnlemt In raw wool re- Dale Finance and Holding company sulted in iliahtly lower orirea against the 1 Minni Real Wealth of II S Gains Despite Slump 1 Ore Output BINGHAM Ore production during the week of United the Bingham district was: States Smelting Refining and Mining company 5055 tons Utah Delaware Mining company 650 tons Bingham Prospect Mining company 2 carloads and Bingham Metals Mining companv 1 carload Utah Copper company tons daily 0 TINTIC Production of ore from the Tintic district during the week consisted of Tintic Standard 28 cars Mammoth 10 cars Utah Fire Clay 2 cars of silica North Lily 2 cars PARK CITT Ore shipments from the Park City district for the week were confined to 550 tons from the Silver King Coalition Mines company Ac 1 Rubber N( Three Companies n Central and the Despite the depression of wealth real the income in slump the United States rose from $260000-00000- 0 In 1930 lo $264000000000 in 1931 according to an announcement in the current bulletin of the AlexThe only ander Hamilton Institute effect nf the depression was to slow down the rate of increase from the average of the previous eight years The increase nevertheless exceeded the increase In population per capita wealth (on Hie basis of the 1913 dollar) being $2120 in 1931 as comWarm Weather Gives pared with $2105 in 1930 $2090 In 1929 Translated Into $2000 in 1919 Impetus to Mine Work and 1931 dollars the 1931 per capita BEAVER— The warm weather pre- wealth is $2014 vailing In this section hn been an I The Impetus to mining activities many daimholders in the Fortuna Gold Storks Increase district have resumed work after deWith Argentine Import lays rallied by winter weather Wheatley and Jones two California riaimholdrri near the Utah Gold NEW YORK March 12 MV-- A furMining company's holdings at For- ther gain of $1226900 In the counore rich vein tuna teport striking monetary stock of Hold resulted this week assys from which they be- try's from an import of that amount from in values gold lieve will run high Argentina today's statement of the New York Federal Reserve bank dis HILL RETORTS GOID cloed TONOPAH Nev— The Gold Hill There were no imports and no net company operating change in gold earmarked for foreign Development mine and mill at Gold Hill four miles account north of Hound Mountain reports production for February was $22000 in gold bullion i Board Permits Registration of -- Wfht Toledo Wilbert ’Yankee probeble trend for the vear as difficulties may be experienced later in connection with changing fiscal policies of the government New York stock prices the past week registered a new high point on the recovery from the loas of last November according to Holt Rose Ac Troster Current market value of 16 stocks is 1 04 times known book value afalnst 1 09 on March 9 and 063 on December 17 1931 Share Earnings Tintic Standard Union Chief Union Associated ““‘Victor ““’Walker 'SATUtlDAY 8UNUBTED STOCKS Century Con Gold VI Eureka Htandard Park Galena Piociie Coalition Three Ktnta Utali Bouthein Oil nominally Receipts Wyoming Oil 3 No nominal Utah white 25028 changed’ Utah Oil Refining No S 2107 nominal Yankee M'nra Rvf 4445 nominal Holden C War Eagle Rn Tintic Mines Barley S6 Hiher King Western HINNIPl G Utah P Sc L 7s WINMPEa Match 12 (API -- Wheat do 6 Close Utah Plie Clay Low IHiili 67 $ 3 I 67 May Idaho common Utah 68 68 68' j Julv Amalgamated pf No 2 Park F airfield northern Cah wheat — No 7 northern 61: No I northern Z C M I Otia— No 2 while 30 Y No 3 white 26 Pan American 2bth Century MVIRPOOI Anchor Coal f -API Wheat LIVERPOOL March 12 PATPRnAY 8 8ALW closed March 57: May 5fV July 61 3Wc New Q'llnrx lOIK) Ot toter 1 2 35 00 pot wheat exchange 3 61 Ic Btn6i6 63: Tint new Walea 2d Barll 5s NEW YORK— Recent additions to the list of companies which have re1931 ported earnings for the full yearutilibring the total of Industrials ties and railroads to 898 says the Standard Statistics company of New York Aggregate net income for the three groups amounted to $965368000 a 5d derline of 49 per cent from the results DRY GOODS Qt IET obtained by the identical companies NEW Cotton March 12 'AP YORK In the preceding year The 739 incontinued quin at the dustrial! thus far having reported goods with price fairly steady in first hands aaler snowed some slight gain over showed a total net of $523132000 Rayon i which was 52 S per cent below that Hllk good are fn sliihtlv better demand of 1931 61 utilities earned $349320-00- 0 from cutters who want printed goods Wool were quieter during the wek More a recession of only 64 per cent goods Interest is shown In sheer printed fabric while the $92 914000 total net report- such an chiffons and fine totlon voiles ed for 68 railroads showed a drop of Burlaps showed little chanse 100 ‘““Ttniic 1 Earnings During Year 01S 051 05 Park Premier Park Utah Piochc Bristol Plumbic Mines Pluiui Prince Con ““’lar ““‘Tintic - More Companies List 01 04 01 8acramento 1 500 Con OO'V Sliver Kint Coal Silver Bnleld Silver Standard Sioux Mine ' So Iron Blo&aom So Standard '“’Swansea Con Baby 6ft1-t- WE WILL SELL Nclxon Provo Rico Art (($73 per cent protein Beatty 14 per 73c No I lark hard Montanan No arrive 68 Finney went there last fall with sup- cent protein 86 No 2 amber dur durum 89c plies to last all winter as it is a hard amber um 84i8Br No red durum MJ4c place to get in or out whenever there May 69r Julv 69c September 65"iC uiTA-Drliare heavY nows- I!e has developed Corn— No 33 yellow 2 375Vf3He VZW YORKBIMehNIa' No white 5 Vo 26c mlthU group of claims driven in about Oats— ££dy andhopi Parley 45w 48r — Rye— No 1 4flff50' twenty feet and crosscutting an im I139'-14mense ledge with only one wall in Flax— No sight KANSAS CITY KANSAS Cl I Y March 13 IAP— Wheat Samples of the white quartz taken Ralph A Badger & Go across 75 cars holier unchanged to a width of twenty feet assayed Receipt No 3 No 3 dark hard 62i61 51 from $8 to $51 per ton According 5H4fi 78 No 2 hard 5257: Nonomitalh 3 STOCKS & BONDS to a party of Los Angeles mining 455 No 3 red 52'"’53 No 3 51'i5J cloae May 62 V July 54 Beptem 16 WEST 2ND SOUTH ST men who recently sampled the ledge nominal ber 55 it will average $19 per ton gold The Corn— Receipts 18 rnrs: unrhaneed to No 2 No 2 while 36 No 3 3'i find is at an elevation of 4500 feet higher 37ft 38 nominal No 3 3fi 36 Gj noma short distance on the Nevada side yelloa inal No 2 mixed nominal No 3 34frii4 July 40 (lose May 37 IS 00 1 of the California line 2000 Anal Sugar Bonds uncar Out 40 Wagon 300 Corporate Trust New 2 JO 200 Corporate 240 Old Trust $1063 Deseret Ravings 650 00 Bank Book ' Park 1 "I J mn -- Rubber Tiij (AP Nrw YORK March ttitre rinsed quiet Maih 3 84 o 3 a May I 12 Juy 9 7lill2 teptemb-- r 9 93 13 Wool Pieere were somewhat more past week active but were sold at price mostly lower than were asked durtn previous week Territory wool moved very aiowlv and concession were sranted more freely than durln recent aeeka Bom flrma however were atll trying lo reaist the pressure for lower prices Mining Company Plans to Install Water Wheels ELY Nev— Capitalizing the heavy CASH BALANCE SHOWN snowstorms of the past winter NeNev — The annual vada Consolidated Copper company TONOPAH statement of tho Treadwell Yukon officials are installing two Pclton Ltd covering business water wheels at the McGill plants Company done In Nevadu ihnws eash on band capable of generatmg 100 kilowatt 1931 $9344 61 Receipts hours of electricity according to reJanuary for 1931 $391477 82 with disburse- ports of engineers They will utilize ments of $309155 19 leaving a caah the heavy runoff from Duck Creek balance on January 1932 of $1687 24 vailoy all of the watershed of which Operations at Tybo were suspended Is owned by the copper company some months ago due to the low price Tills Is expected to result in a manf lead and zinc terial economy of operation 1 1 tomz dull HKW YOHK Mrrh 13 (AFI-C- nft dull with naar months lower under llqui ballon but later positions held steady in the absence of fresh development No T toniracta opened I jiiaher and closed lower to Aalea 3 WO hlfher Aantoa opened 1 to 7 loaer and closed 4 loser to hlsher Bale 4XW) March Closing quotfttons No 7 rontrari 6 23 My July 8 16 Heptrmbfr 6 18 Bantoa Mn"h I i3 Mav 6 38 D amber Beptember July 8 40 Boot rnffsq dull Bio 7 7T7‘4 Banto 4a l aflft December 6 28 8 J8 8 34 Communist activities In ttia area on Hainan bland and in Fukmn province of south China havr iausil much uncri lainty recently out-ivln- Production of Gold in Ontario Shows Decline Ont (UP)— A decline of $223759 in gold production from Ontario gold mines during January as compared with the high record figure of December Is announced by the Ontario government department of mine Dt ember' output reached $3906-46while January now lx shown with a bullion output of $3682 706 which is well ahead of January 1931 when the value was $3289021 I TORONTO K Jens Daziei C T Badser Davies Badger Member & Go Salt Lako Stock Eirhn(f Was 7929 Wet lad South ZJ New York Stocks Bonds and Silver Grain Chicago Markets With Connection fat Dependable Inllled All In AU Serxlc becnrltle WILL SELL $1000 Clift Building V — Colonial Holding Corp Unlta ?00 Consolidated Wagon 100 Corporate Truat Old 100 Corporate ITttal Naw 100 Firat 8tcurlli Corp 3 100 100 TrJt Fundamantal Fundamental A B 30 National Alrwaya t Pacific National Life 4O0 Utah-Iclah- o 2000 Uncle Bim $1000 Ut Pow Ai 10 5 10 Vt Pow Ut Pow Z C M At Al MW 30 3 35 3 30 1100 4 00 3 75 100 7300 13 bugar U U 8 7 Lt dh pM 00 W II 00 77 50 pld Moo 20 00 1 WILL BUY $1000 Continent! Bldg 88 Utah 7 76 00 00 Independent Oil 4 Om 04 35 looo Inrifpend Coal it Coke Offer H 3VW Key Ntrurturea ioo First BectirlUea Corp Offer tt $2fXK) Utah'lriaho Hug 6a Offer U 10 U'ah Gaa At CYke pfd privr it $1000 Ut Pow Ai I t 6 dt tft 0 KM0 10 Pow |