Show FINANCIAL AND COMMERCIAL V VALUES lUES FlUCTUATE IN EN WEEKEND WEEK TRADING ON STOCK EXCHANGE A ew York Aug Moderato 2 Moderate ac activity nc- nc with tho the usua usual week end laxity of at prices were the principal features fea tM- features tures tures of ot today's stock market The bulk of t the the- trading was In war shares and coppers both groups displaying variable variable vari vari- able hJo tendencies probably bb as a result of at contract settlement I Copper was as again the tho chief feature among among- the metals declining almost al almost al- al most moet nt at the outset to 5 3 points from yesterdays yesterday's close and making makinS' only fractional recovery ery Other coppers wore were fore consistently strong but showed material changes canges at the end There was again aln hea heavy trading In Pittsburgh h Coal common and preferred referred the file latter making a n net not R gain of ot 6 51 points to on persistent reports that plans have hae been completed to pay dividends Other stocks Including fertilizers fer and chemicals rose and ami fell within 2 to 3 point limits U United States tates Steel repeated yesterdays yesterday's high K qua atlon of 77 77 hut but yielded sll slightly atthe at atthe the tho close on further r profit proUt In Inthe Inthe the tho final dealings s there camo came a n demaud de demand do- do maud mand for tor such obscure stocks aa ar Western Western West West- em ern Maryland and a 1 few tew other r minor railways On a single sale of shares Bethlehem Steel preferred dt dropped 9 93 points to Total sales Amounted to shares Weekly trade gains were of optimistic tenor with t a broadening of at demand In mercantile Issues Bank dealings clearings at leading centers confirmed this The Tho local bank su fulfilled p popular pular estimates reserves Increasing by over and placing the c excess reserves at the tho hl high h figure of almost Interest was manifested In the further further fur tur- ther thor Imports of British gold by ay tray of ot Canada but batiks bankers rs Identified with the transaction declined to the amount of or the gold old and securities s In In- In Demand sterling broke to the new low Jaw record o of or fi 9 of a 1 tent to the pound under the low record established es established es- es yesterday n Rates les on Paris ared ad Rome Romo also were weaker Bond dealings dealing's a were light with h n a lower tendency Total sales par value ag aggregated All United States bonds and Panama Panama were lower b by i 1 to 1 3 per cent o on call during durin the week STOCK 11 LIST ST ST. XE NEW YORK I Sales I 11 H. I L L. I CI CL Alaska Gold 33 Beet Deet Sugar Sugar- 1400 66 65 American Can 61 60 60 S. S R. R 2600 00 82 81 81 Preferred 00 Sugar Tel Tel 1239 1239 1236 1231 Tobacco Anaconda Mining 74 iH Atchison 10 B. B O. O S 81 81 Brook Hap flap T. T 85 H 86 85 Cat Cal Petroleum 8 1731 17 l li 17 Can Pacific Central Leather 1300 Ht H 44 Hi Ches Ohio 1000 46 45 6 46 1 Chic Gt West 00 11 IH 11 C. C M. M St St. P. P 83 82 82 83 I C. C N. N W. W Chino Copper 2000 47 Colo Fuel Iron U 44 42 Colo So 27 D. D R. R G. G Preferred 8 I Dist Securities 1600 1600 28 28 27 27 27 Brio Irio 2200 28 2881 81 81 General El Electric 1000 1761 Ot Gt Nor pfd ZOO 1189 1383 Gt Norr or ore cUs 2400 43 Guggenheim Ex 1300 IllinoIs Central Inter Met Iet pfd 76 6 Inspiration CoP 36 Inter Harvester IOU 1089 K IC C. C Southern 27 26 26 Lehigh Talley aUe 42 Louis Nash I Petroleum 85 85 Miami Copper 2 27 26 27 21 M. M 1 I T. T 8 8 81 I Mo 10 Pacific 2200 4 3 33 3 National Biscuit 00 National L Lead ad 00 65 fir 65 65 Nevada Copper 1300 15 16 New York Central 90 90 90 N. N Y N. N HH H. H II Nor Nar Western 1071 IOn Northern Pacific Pacific Mail 33 Pac Tel Tel 1100 34 Pennsylvania 1081 1083 1089 pun Pull Pal Car Ray Con Call COPPer 1800 31 23 Reading heading 1800 1499 1489 1489 1481 Rep Iron Steel 1000 46 He HB Rock Island Co R 9 i 9 t Preferred 3 1 ti iI S. S I. I S. S I 2 p rd r 6 Southern Pacific 90 90 90 Southern R Ry 15 15 53 Tenn Copper 54 66 Texas Company om pan 1501 Union 2600 1319 81 U U. U S S. S Steel 77 16 76 Preferred 1121 Utah Copper 49 68 I Wabash abash pfd I Vestern Union 1800 72 72 Vesting Electric 1169 Montana 1 Power 53 63 Crucible St Steel l 2600 76 76 75 Chalmers Allis 39 Bethlehem Steel Steel American JAcomo 2600 2500 66 65 3 Baldwin 79 79 79 79 General Motor C. C R. R L fir k P. P 22 20 20 Total sales for the day shares EXCESS RESERVES IN m NEW YORK YORE BANKS TOTAL MORE THAN New York Aug 28 The The actual condition con con- of ot clearing house banks and trust truet I companies for tor the week shows that they hold reserve e In ex excess excess ex- ex excess cess of ot legal requirements This TItIs Is an Increase of over last lost week The statement follows ACTUAL CO CONDITIONS Loans etc Increase Reserve In own vaults of ot which is specie Increase Reserve in federal re- re servo erVe bank Increase Reserve in other deposItaries depos depos- depositaries depos- depos Increase Net Not demand deposits Increase Net time deposits Decrease Circulation Decrease 0 Aggregate reserve Excess reserve 04 Increase Summary of ot state banks and ana trust companies In Greater Creator New York not included In clearing house boulle statement Loans etc eto Decrease e Specie Decrease Legal tenders Decrease Total deposits deposits Increase Banks' Banks cash reserve In Invault Invault n vault 10 Tru Trust t companies' companies cash reserve in vault eo LIV LIVE STOCK Chicago Aug 28 Hogs 28 Hogs receipts weak to 10 cents lower Bulk light mixed 7 75 heavy rough rigs O Cattle Catties receipts weak native 1115 western steers seers cows and heifers calves 1 1200 OO Sheep receipts steady t OJ amea ewe e l lambs Iambi r LOCAL SECURiTIES SECURITIES SEC 1 j I f. f While the end of or tho first year of the tho European war has passed peace is not yet yot In sight eight but other nations nation are aro preparing to Join in tho the great says sas John C. C Culler Cutler Jr in his weekly financial review Recently the following official lI list t tot of ot killed wounded prIson prisoners oro and hors do combat of ot the tho war was to tho the French senate Killed Wounded Prisoners Allies Total It is estimated that tho the war loans of ot tho six belligerent nations so 80 tar for a. a aggregate over o S1 Developments lately are creating general confidence in all lines of trade In tho the United States s and a big fall tall trade trad I. I Is lEI anticipated owing to increased manufacturing manufacturing man man- operations and good crops The Tho population of or Utah Is now thought to to be bo which Is an in increase In- In crease of or people since- since April 15 15 1910 J The resources resources s of f th tho st state to are Doing DJang and ana tile industries t 1 are aro su growing so o rapidly until It is now said that our fa factories are manufacturing over o articles of ot dally daily u use c. c their output output output out out- put being over oer per year ear Is paid to our people for raw materials about Is paid in wages warres to some per persons ons Our mineral mineral min min- eral output Is almost 50 per cent less than our manufacturing record which speaks 1 veil ell for tor the state whoso whose metal output is far greater te ter than that of Colo Cola rado Nevada Novada Idaho or California Utah's state government is sup self up- up porting being maintained maintain from revenue revenue rev rov- derived from our resources On this thi account we are arc able ablo to divert about 88 68 per c cent nt of oC our state tax revenue to education Only one or t two vo states expend more per pel capita for tor public In- In Utah J has lias s about acres of ot Irrigated farms but has a possible moro more Irrigable acres which arc are fast tast being developed Man Many of ot tho the thousands of at visitors who pass through Salt Lake Iak every month Ea say eay that this olt city is bound to grow row to be bo tAe largest city between bet Chicago and the Pacific coast on ac account account ac- ac count of tho the unequaled resources surrounding surrounding surrounding sur sur- rounding It Business is fair Call In most of ot tho the cities of or the state and the tho crops cropt are aro maturing nicely Local securities are ani only In fair demand de de- demand de- de mand as ae midsummer quietness prevails pre pre- vails valls with so man many people seeking cool f pots spots in the canyons canons and at the parks lake and other othor resorts Tho Cutler QU fOllOW 0 D D Dp p aC Dg g a c e eb b n H Hn p n A N Nl l r ro s n. n o r t. t ra m CD CES KS g 0 00 n nM CD y M r t cnn a Amalgamated Sugar Co The Th t 8 8 10 Z 50 Beneficial Ins Ins Co 10 10 0 Barnes Banking Co Kays 20 O 20 Bank of American Fork 10 10 Dank Bank ot of Heber City 12 1 I 12 1800 Bank ot of South Southern rn Utah Cedar 12 I 12 1960 Con Wag Mach Co 7 7 Continental Life Lite Ins Ina Co Continental National bk 8 8 Deseret National bank 13 11 15 Deseret Sa ln Savings s bank bani Davis Davis Co Dank Bank Farmington o ton 20 0 20 0 Farmers bank First National bank Layton 12 12 FIrst National National bank bank Morgan organ 12 1 12 FIrst nal bank 12 Ogden 12 30 First National bank Murray 8 8 First National bank Logan 10 10 First National bank Brigham 18 18 GuardIan C Cy b Guaranty Guar Guar- ant anty Co 1 12 12 1450 Home Fire Ins Co 10 H 14 Heber J. J Grant Co 16 20 2 2600 00 Inland Crystal Salt Co Preferred 7 7 7 Inter Inter- Mountain Inter Life Lite Ins is Co 6 1300 Kamas State Ban 7 7 Co Bankers Banke Bank Bank- Bank Bank- e ers rs 17 17 28 00 Merchants Merchants' bank bank Mt States Tel Tel Co 7 7 Nat Bank of Republic 12 12 2000 National City Bank 6 6 National Copper bank 6 5 j National Bank S 8 Ogden Saving Bank 12 16 Ogden den State Bank 12 18 Provo Corn Com Savings Bank 12 23 22 Salt Lake Sec Tr Co 12 8 8 State Bank of oC Brigham City CIty 10 16 2500 St. St Bk ot of Millard lIllard Co Fillmore 10 12 State Bk ot of Richmond 8 8 1000 Thatcher Bros Banking Co Logan Log 10 10 10 Utah Idaho Sugar Co 8 6 Utah State National Bk 12 I 12 2090 0 Utah Say Save Tr Co Ca 3 Walker Bros Bankers 10 10 Zions Zion's Say Save Bk Tr Co 8 24 2 0 Z C. C M. M I. I 8 20 0 BONDS Con Ry Ric ower Co c CIty 6 6 96 1 Sumpter Valley Railroad 6 6 90 Utah Light Ry Co Ca City S 6 6 98 Utah Light Ight Power Co 4 4 82 i 1 Utah Light Power Co b b 5 92 Utah Hotel Co 6 6 1001 17 1 1713 3 1 In each instance s RESERVE BANKS' BANKS RESOURCES LOANS TOTAL Washington condition Aug 28 The The statement of ot condition of or the federal reserve banks for tor the week ending August 27 27 follows RESOURCES Gold coin coln and certificates In in vault Gold settlement funds Gold redemption fund with U. U 8 S. S treasurer Total gods godl reserve Legal tender notes silver Oliver etc Total reserve Bills discounted and bought Maturities within 10 days Maturities within 30 days Maturities within 60 days 1308 Maturities within 90 days Maturities over 90 O days Total I Investments TJ U S. S bonds Municipal warrants Federal reserve notes and net Due from federal reserve banks net All AU other resources Total resources LIABILITIES Capital paid In Reserve deposits net Federal reserve notes net All AU other lie lia liabilities Total liabilities Gold reserve against net liabilities per cent Cash Cosh reserve against not net liabilities 88 per cent Cash reserve against liabilities after setting Betting aside 40 per cent gold reserve against net amount of or federal reserve notes in circulation per cent DECliNE IN WHEAT CHECKED BY BUYING TO COVER SHORTS Chicago o. o Aug AuS' 28 Lowest Lowest alu values 8 for forthe tho the crop wore l by wheat to today today to to- da day at the opening There was wan a n. temporary temporary temporary tem tem- rail rally on covering b by shorts but offerings became freer and tho the market declined agate again closing Irregular a quarter lower to a CL quarter higher nt at In for tor September and for tor m DI-m- bar ber Corn after atter a nervous opening a a. shade higher to ft i lower firmed up on forecast fore tore forecast i c cast t of ot unsettled weather in the tho northwest north north- west went and closed strong J i to I 1 cent net tiel higher with September 78 and Do- Do comber Oats after otter a n little early strength which followed d a n. weak weale opening declined and closed unchanged cd to i 5 i cent lower Provisions closed dull and easier 7 71 cents lower to 2 21 cents hl higher Tho The low prices which marked tho the opening of or tho the wheat market was the signal for tor a rush of ot buying mostly en cn n tho the part of or shorts who were wore prompted lar largely ol by a sharp upturn at Minno- Minno whore where mills were buying oeal 1 ly Values aluos 1 here advanced materially but free offerings brought out a reaction reaction tion In a little while and we weakening In tho northwest marked a big factor inthe In tho the declines hero here Tho The latter half halt of ot tho the session In tho the wheat pit was WI marked b by a steady decline delIno Favorable Fa weather conditions were predicted l and news camo from tho the that country offerings wore were increasing a asing and anda a large larga movement mo was expected next week futures n nR en follow n I I Open I HIgh I Low I Close WHEAT WHEAT- Sept 97 98 97 97 Dec 96 95 96 96 95 CORN CORN- Sept 73 74 73 Dec 63 1 68 63 63 nfl 63 OA OATS OATS- TS- TS 86 36 36 I Dec J 36 35 36 I PORK PORK- nun u- u Sept I 1363 I 1370 I 1360 I 1860 Oct I 1377 I 1385 1377 1277 1377 1877 LARD LARD- Sept I J I Oct I I I RIBS RIDS RIBS Sept 1 I I 1 Oct 1 I I I I I I Cash quotations wore we-e as follows ns Wheat No 2 red 05 ft No 2 hard 1091 0 Corn Corn No No 2 yellow 81 t-SU t others nominal nomina Oats Oats No 3 white 34 3 31 standard 41 S 42 Rye ne Rye No 2 2 98 Barley Barley 53 68 Timothy Timothy Clover Clover Clover 0 1325 Pork Pork 1360 Lard Lud Lard Ribs Ribs t c 1 PRODUCE Chicago Aug 28 Butter Butter receipts tubs shade hade easier to shade higher J creamery extras s 24 extra f firsts firsts 2324 2 l' l firsts 22 22 seconds pack packing nJ stock Eggs unchanged receipts cases Cheese unchanged Potatoes unchanged Poultry lower ver live fowls Vl 14 16 springs 16 Elgin Ill nt Aug 28 Butter Buttor Butter steady 24 U cents Y Now York Aug 28 Mercantile 8 Mercantile paper Sterling day 60 bills s 69 demand cables Mexican dollars 37 Government bonds steady railroad bonds easy aS SUGAR New York Au Aug 28 Su Sugar Sugar r futures were dull dun and featureless toda today Toe The closing was nM quiet unchanged to 4 points 10 lower er Sales tons Sep Sep- 36 December March MUCh May rny EVAPORATED FRUITS FRUIT Now New York Aug Evaporated 28 Evaporated apples nominal Prunes quiet Cal- Cal 4 Q 78 5 10 Apricots easier choice 73 0 8 extra choice 8 81 lanc fancy 9 91 Peaches dull Raisins quiet NUNSEY SELI SELLS S NEWSPAPER p Baltimore Aug 2 28 Announcement S. wag waa made today of or the tho sale bv b bFrank Frank A A. A Munsey l of ot tho the Baltimore News ws and tho the Munsey building to Stuart Oliver or who has boon boen general manager of Mr r. r Munsey's Baltimore Interests for tor tho the past eight years I It t is understood that tho he transaction Involved ed an amount in the tho neighborhood of LINSEED I Duluth Mina Minn Aug 28 need 28 Linseed cash 1641 September 1641 41 December RK hM bid |