Show L P FINANCIAL AND MINING NEWS 1 STOCK JO JOIS JOBBING LA LAW LAWIs W WIS IS SPLENDID MOVE By Ira C. C Tichenor I IT HERALD TELEGRAM REPUBLICAN desires es res to congratulate T TH L late the members of the city commission both individually and collectively for their prompt action in response to the the suggestion of this paper of the d desirability for the passage of a n law laW regulating the sale of stock tock of various industrial organizations Although the the campaign in behalf of such a law was begun l less ss than ten days das ago already it has borne fruit to the extent that a formal draft of the proposed ordinance has been revised to meet conditions here and that assurance has been given that it will wil be passed at a regular meeting of the commission ision tomorrow and bearing bearing bearing bear bear- ing an emergency clause will wil be put into effect before the tio of the present week Possibly in no previous instance in the thc history of the city has the request for the enactment of a law to correct an abuse or safeguard safeguard safe safe- guard the thc public from any danger financial or otherwise met a readier or more wholehearted response from the combined lawmaking lawmaking ing and executive body of the the municipality The promptness with wih which the thc individual commissioners have acted proves not only that the members member of the commission are arc alert in guarding the interests of the city but that the arguments argument of this thi paper for the enactment of a stock jobbing jobbing law were conclusive Individual Individually I r the commissioners indorsed the views expressed by byThe byThe byThe The Telegram Republican that that it was absolutely necessary in in vie view of the prospective increase in activity along certain industrial indus indus- trial lines that a law should be passed for the protection of the theS S Dublin as n well as those companies which have been honest honest- wel i ly organized g OX i i and d- d capably managed 4 and and regardless of the locality of their incorporation or operation It I is not the intention of the city authorities to throw any obI obstacle ob ob- obstacle ob- ob I stacle in the way of foreign companies compan es merely because of the the fact I that they have been incorporated in other states This also is in iii il line lne with wih the views expressed by this paper in conclusion connection with the campaign now nearing a successful Neither is it the desire to retard in any manner the efforts of individuals individual or companies depending upon the thc investing public for support by the purchase of stock to gain a start when those efforts efforts ef ef- ef- ef forts fors are arc made in a legitimate manner The sole aim lim aim of this thi paper and which now is the expressed desire of the members member of the city commission is to prevent so far faras faras faras I as possible the thc operation in this ci city of companies formed in some instances istance seemingly wholly for the thc purpose of scattering broadcast I immense blocks of stocks often ofen absolutely worthless The ordinance as planned by the city commission is not a c blue bluesky bluesky blue sky law in any sense of the wor word This paper has studiously avoided the use of the word except in reference to the ordinance adopted by the city of Denver by rea reason on of the fact that the application ap ap- of the term to a law regulating stock corporations does an injustice to the companies formed by honorable citizens and upright business men mel It ls is the intention to throw the thc light of publicity upon all al companies companie to the great benefit o of those concerns conducting their business in an honorable manner and the thc sure demise of incorporated incorporated bodies formed mainly for the purpose purpose of fleecing the in- in public I INCREASE IN OUSIE OUTSIDE II I I BUYING IS REPORTED I IBy By Badger Bros Brol Private Wire WIreS NEW YORK March 11 An H.-An An increase In outside buying Is reported from man many prominent wire houses There Is a manIfest manifest man man- expansion In rails ralla It should hould not be overlooked says BarS an active c stock exchange cx- cx change house that the advance In the themis rails mis Is not only Justified but Is la likely to tobe tobe be he maintained for a long time to come because of the government guarantee Experts Expert are arc calling attention to the fact fat that there Is 18 a good goo prospect of a further furher advance In the fixed price for tor metals In order to Induce production The average cost of ot production Is la now approximately 12 cents a a pound and as asa a actual coats COts with smaller mines is larger It will wl be necessary to raise copper metal prices to get ge them to make mak their output large large U. U S. S Steel Is held In well en Informed qUart quarters to be advancing in anticipation of ot the publication of or a splendid 1917 an annual annual annual an- an nual nual report due soon son after the middle of oC this month month Shorts are arc retiring In some offices on that theory theor News OIL Ol SHALE BOOM I IS IS ON IN COlORADO Immense activity act In the oil 01 shale fields of or we western tern Colorado Colordo and eastern Utah f Is r reported ported b by Josiah Maloney Maloney- falon publicity director with the Denver Post who ar- ar riv lived rl ed d In Salt Balt Lake y yesterday on a tour of ot Colorado Utah and the the- southern souther porton por por por- lion tion ton of ot Nevada Nevada He states that the constantly Increasing ing Ine Importance of or the shale hale has resulted In his paper including Industry that ha Industry in In- In In the the- Annual oil edition soon to 01 editon be issued Mr Maloney was as accompanied to Grand Junction by Robert G. G Dill Di financial ed edItor edIor ed- ed of ot the Posts Post Post but It then became necessary essary for him to return to Den Denver cr for a ft a few days Later he ho will wi Join Mr r. r Ma- Ma alone a- a lone here and proceed to Inspect the oil al shale hale fields of Nevada Nevada The Colorado visitor declared that the 1 entire entre State of ot Colorado and especially the western portion Is becoming porton en en- en over the outlook for tor the shale industry because of Us Its prospective Immensity Im- Im and certainty of an extended ur J 8 lie He e said 11 that the eagerness s to acquire shale shalo lands in western wester Colorado Colordo had resulted 1 In a number of oC cases of claim lumping jumping and that tha this form Corm casH of oC operation had nad resulted in the formation or of a regu regu- lation laton committee by residents and leases lease holders of the the- theDe De district where one shale of reduction plant now s Is in iii no op op op- and a much larger Jarger one in process I of or construction He Ue predicted that the oil 01 shalo shale Industry indus Indus- try o of ot Utah tr would become nce of or great gent Im- Im I CORN IS BY LIBERAL RECEIPTS By Assoc Associated et fr Press s. s CHICAGO March 11 LIberal 11 Liberal receipts did a good deal today to weaken the corn cor I market especially cash quotations and ando s so 50 o too to did withdrawal of export bids bids Futures closed cosed steady at the tho same as Saturdays Saturday's finish to c lower with wih March at 1 S and May J. J Oats Oats l lost ost c to n c net and ant provisions I to Arrivals of corn cor in Chicago alone aggregated aggregated ag ng- ag- ag I cars and there was a g general general gen gen- n- n eral disposition to look for a continued movement far above the average for tor or this time of the year ear Meanwhile the tho United States visible supply total st showed owed an In Increase Increase increase In- In crease of oC more than bushels making the amount In sight only 1400 less than a year ago Absence Absence Ab Ab- sence serice of or export demand was ascribed to the fact that recent urgent buying had been to get all al the thc corn possible by March 10 In order to fill ri vessel room contracted con con- for A general embargo on shipments shipments ship ship- ments to eastern domestic consumers counted further as a bearish Influence Notable progress of seeding made o oats ts average lower A little export business gave Jave the market some Bome stimulus but the I effect failed Caled to last Lower quotations on hogs weakened I pro pro Declines checked some onie- somewhat I what thou though h b by export of ot lard and meats during the tho week SALT LAKE LIVE STOCK Cattle Cattle Market 25 to DO 60 0 higher Choice steers good god steers far fair tall steers choice choie cows COW and heavy heifers helfers 50 fair Calr to good cows and arnt h heifers i 00 1776 cutters 50 canners 00 50 fat bulls huBs 6 GO bologna bulls buBs Hogs Hogs Hoga Market lower Choice fat hogs to pounds 1665 mixed fat tat hogs hoga pounds and up 1650 Sheep Sheep Market steady Choice grain-fed grain lambs 15 choice yearling 11 50 fat 3 1150 fat tat ewes 1000 OMAHA LIVESTOCK By Associated Press O OMAHA AHA March 11 Hogs Receipts Hogs Receipts Market lower Heavy mixed 1650 light pigs 1550 bulk of or Halos Hales Cattle Cattle Receipts Market strong to lOc higher Native steers I 1335 cows and ant heifers 1075 Western estern steers 8 Texas Texa steers steere cows cow and heifers canners 8 75 stockers and feeders calves g 1300 bulls stags s. s etc bul Sheep Sheep Receipts Receipts Market strong lOc hl higher her Yearlings 5 strong woth- woth ers era ers 1300 ewes eves ewe lambs CHICAGO LIVESTOCK By Associated CHICAGO March 11 Hogs Hogs Hogs tomorrow unsettled at Saturdays Saturday's s avera average e to lower Bulk light 1775 mixed 1755 heavy rough 1565 1610 pigs 1730 Cattle Receipts Cattle Catte Receipts tomorrow 18 easy Native stockers and feeders 70 cows and heifers calves calve 1475 Sh Sheep Sheep Receipts Receipts tomorrow 12 12 12 weak Sheep lambs Jambs 17 5 KANSAS CITY PRICES By Associated Press Pres K KANSAS SAS CITY March arch 11 Butte Butter Butter- Creamery Creamer firsts seconds H.-Buter H. packing Eggs Firsts Eggs Firsts 32 c. c Poultry Roosters Poultry Roosters turkeys EUREKA BULLON BULLION I II I I FEATURE ON S. S L. L L I EXCHANGE Officials of Company Re Reported ported Buyers of Stock at Delinquency Sale Considerable Interest In a quiet wa way I Is I being being- being taken In Eureka Bullion Bulon on th tho Salt Lake stock exchange by reason of 01 r reports in circulation of ot some bl big development devel devel- news that might bo expected I at nt almost nn All any time It I Is declared that for several weeks weck I stock offered on the exchange has hns been beer I quiet quietly absorbed by Inside Interests and I substantiation of oC this report is said to tc have been d demonstrated at the delinquent sale March 6 6 when It was necessary to tc sell sel only about 2200 shares shareM of oC liable lable for delinquency to pay par the tho 2 cent assessment assessment assessment as as- and costs cost Out of or the 2200 shares sold It Is stated I that two officials of 01 tho the company bought nil all al but 13 shares and how these managed managed man man- aged to elude them remains a mystery on the tho exchange e. e The Tho price obtained L was 6 6 6 G 64 and I II The Sliver Silver King Consolidated flurry Siver ceased entirely yesterday and ant one centerIng centering center center- I In Ing around Howell Howel took its Is place while Columbus Rexall partially shook off of its Is IsI I Jinx by showing decided strength strength I LISTED STOCKS I 1 Bid I 1 Asked Star OO 01 AHa Altri Consolidated 18 18 20 Alta Ala Tiger 00 oi 01 Albion Allion 03 03 4 Am Con Copper 12 1 12 Alta AHa Tunnel Tuel 10 12 AHa Altu Germania OO 00 io 01 Bulion Bullion OO oo 00 Boley OO on I Big Four OS I Bingham OS 10 Big on 01 Beaver Copper OO OO I Ba Bay State Stene 01 oo oi 01 Beaver Lalo OO 00 H Big Hi on oi oi 01 I Central Eureka 00 Ol oi Ced Cedar Cedr r Talisman 02 O is 78 79 0 Colorado Con OS 10 Crown PoInt 02 c Ot Cardiff GOO Oo Croff Crof 1 i OO I 02 Cottonwood King OO 02 Cottonwood Metals 02 02 02 02 Dal Daly 25 Dra Dragon on 23 28 Con OO oo Empire Mines 18 23 Empire Copper 1 I Eastern Prince OO oo E Blue Bell Bel 18 Eureka Mines In s OS io 10 Emma Emma Copper 15 30 Earl Ea Eagle le 02 2 03 East Crown Point on East Tintie Con Can On East Tintic Con 1 East ast Antelope 1 oal nn nna Eureka Bullion Bulon 07 Golt Gold Chain OS G 10 Grand Central Contral 9 70 iO Great Great Western Pester O 05 Golden Emma Emma 09 11 howell Howel 10 1 home Run 01 11 Iron Blossom is 5 45 I Indian OO OO Iron King 14 16 Judge M S 1 Keno Ieno 03 LeN Lehl OH O Leonora onora 00 01 Li Little tc Boll Bel 10 OO Miller ller 11 06 09 May Ia Day Day 02 o 02 09 Mineral Flat Fat OH 04 05 Moscow Iosco 02 Utah Michigan Utah 11 1114 New Quincy 08 1 09 er 03 Neva 00 OO Bannack Ol 03 Crater CO Ohio Copper 89 go 90 Park City Mines lne 15 Pioche Bristol OO OO 2 30 Prince Con 5 55 Paloma Paloma 01 OI ot Price Mining 02 05 Provo 03 Rico Argentine 03 04 Reeds Peak oi 01 02 Rico Wellington ton 16 17 South Standard 05 Sels Sells 14 SyndIcate oo 00 1 ii 01 Silver King Coalition Coalton Seven Troughs 01 03 Seven Troughs Coalton 12 Silver King Con 2224 Sioux Rioux Mines OH 10 I Swansea S Con 01 2 South Hecla 66 75 SU Ir Shield 35 15 South Extension 03 05 Sliver Iver Tungsten OO secret ecret 00 0 02 South SouthPark Park M 1st D D j 05 07 Tecoma Con 20 20 Texan in 10 Tar Bab Baby 04 0 04 Tintic Central 02 03 Tintic Standard 1 40 O Tintic Drain Tunnel iso United Tintic O 02 O 02 Uncle Sam Ram 01 01 Utah Con 01 OH 02 Union Chief 03 03 03 Victor Con 03 05 Whirlwind 01 ot 01 oi WIlbert 10 11 West Vest Toledo OS io 08 l Walker Mining 50 O 60 Yankee Con Can 1 1 06 OR Zuma 14 16 OPENING SALES 1000 at American Con Copper at nt Columbus Rexall Columbus at SOc at Sic at nt Cardiff at Demijohn 1500 at c. c Golden Emma at 1000 at tOe lOc Howell Howel 2500 at 1 OO at H c. c Iron Blossom at 45 c. c Lehi Lehl Tintic 2000 at 4 e Pioche Bristol 2000 at c c. c Sel Sells at Syndicate at c. c West Vest Toledo 1000 at S 81 Sc Jc C. C OIL OI STOCKS Liberty 2000 at H c. c CLOSING SALES Antelop Star at Ic Ie Columbus Rexall Columbus a at Demijohn 1000 at c. c Howel Howell 2000 at iSo Hie 1000 at Iron B Blossom OSom 1600 at 45 c. c Mineral Flat l 1500 OO at Cc Sc Tintic 1000 at 40 lc 27 at fc Ohio Copper Coppers at Silver Siver King King Coal Coalition tOI 10 at Syndicate at c. c Tar Bab Baby 75 at Tintic Central 1000 at 20 Wilbert 1500 at lOc lOco TOTALS shares for tor OGDEN LIVESTOCK Special Dispatch OGDEN March 11 Receipts Cattle Cattle Receipts good market steady choice feeders steers 1000 choice cows and heifers heffers fair to good canners feeder Jool cows COW 50 veal calves 59 I choice bulls buls 00 bologna bulls bologa bUls GOO Hogs Receipts Hoga-Receipts Receipts 53 53 market slightly lower tops 1665 hulk bulk of oC sales 1665 Sheep Sheep ReceIpts Receipts 96 market steady lambs lamb ewes INCREASE IN COPPER I TO 25 CENTS IS URGED Stimulation i of Production of War Metal Is Declared Declared De De- De- De dared Necessary By fly Badger Bros Dros Prat Wire NEW YORK March farch 11 John John John Moody In the Ne News s 's declares There Them Is II p. p r great cat deal of oC talk about tho need o of a higher government price for Cor copper in order to stimulate production tion ton sufficiently to meet tho the demand Un Un- copper companies In order to be bo treat treated d as well wol aa as steel and iron wh wheat t and shipping have been treated are arc entitled to a a price of oC at It least 2 25 cents cents 1 ft I What hat th tho market needs above everything every every- thing else Is more tangible evidence of victor victory for tor tho the allied cause a victory victor that will wi bring permanent peace This would be bo the signal for tor a 0 e very substantial substantial t l n advance anco Meantime we have little fear of or an any serious decline with ih some ome tendency toward Inflation and |