Salt Lake Herald-Republican | 1920-04-21 | Page 13 | Arbitration Board to Settle Stutz Deal

Arbitration Board to Settle Stutz Deal New York April 20 Representatives cs of oC six fifty stock exchange houses under un un- un- un tier der contract to deliver eller shares of or Stutz motor stock toda today approved a suggestion suggestion leS tion lion 11 by the Stutz protective committee that a a a. aboard board be appointed to arbitrate differences which led to suspension of oC trading in Stutz on the stoc stock exchange It is understood that lint opposing inter inter- est ests represented b by Allan A. A Ryan chairman of the Stutz company have o accepted this su suggestion and that a aboard aboard board hoard of three financiers will willbe willbe be named It is probable that the board ma may be bo called upon to fix Ix a price for the stoc stock Sales at have hae been reported since the stock was dropped from the tho list list- The Time arbitration proposal was made at a meeting of oC stock exchange c firms I called late lato toda today b by the protective com corn The proposal i included clad d d zt pro proVision provision pro pro- vision Islon that tho lie mediation board should bo he selected with approval o of opposing interests A resolution i approving the suggestion ug provi provided ed that all parties should abide by findings s of the board ORE n. n S SOre Ore shipments for or tho the Pioche district dis lIs- net for the we week ending April 15 were ere gu curtailed on account of the embargo placed on ore shipments shipment as a result of or the railroad switchmen's strike Tonnage shipped from frOIn the thc he vanous various vari van ou ous min mines minos s was as follows Prince Consolidated tOO 1400 Virginia Louise OO I iCon Con Nevada Utah I O Black Metal Iclal IO 50 II T i la 1 1000 SUg SAIE OK OF STOCK AUTHORIZED n The rhe Faust I Picture corporation of Salt Lake L. was granted ranted a permit to sell shares o of its stock at 2 25 cents a share the tIme pat par value eln being 10 cents by the tho state securities commission yesterday Sinclair Oil and Refining to issue t year five i 7 75 per cent notes for additional working capital Stockholders Stockholders Stockholders Stock Stock- holders meet today