Show 7 j I i S. S i S Local Bond And Security Dealings Major Alva AlvR Lee manager of the bond department of J. J A. A Hogle Co returned Monday night from a business business' trip of several days TA bI California He states that Los Angeles All An- g-eles g is still oil crazed and the the- business activity of that city seems to have no relaxation lie reports report business conditions good In San SaIl Francisco and throughout the state At th the annual election of the Utah Fire Fir FireClay Clay company held Monday Mon Men day P. P N. N Cameron was president and director and the tha stockholders also all of the theother other eight directors and the or organization organization or- or of officials remains the tha same The company Is again back backon on a paying dividend basis The officers and directors of the tho company are ao as follows Mr Cameron Cameron Cam Cam- eron president and director A. A E E. E Kimball vice president and general manager J. J A. A Groesbeck treasurer and director H. H R. R Waldo secretary and director J J. J S. S Cates Catel vice president dent and general manager of th the Utah Copper company Waldemar Van Cott D. D D. D Moffatt Edgar S. S Wills and W. W Ix Ii directors directors' ditto ditto- tors tors' S The treasure treasury's new handle the refunding of Victory bonds bond which brought forth a call for subscriptions to 4 44 34 government notes brought In excess of a billion dollars In cash sni an offers to exchange old securities ties for new according to the announce announce- made by Secretary Mellon and re received in financial circles of Salt LaXo this morning The books have been closed to further rah cash subscriptions to the issue of the 4 44 bonds maturing March 15 1927 but subscriptions subscriptions sub sub- be accepted however for fora a f few w days mote more for exchanges of Victor Vie Vic tor tory notes or maturing c certificates of indebtedness but the treasury may not finally more than a total of In cash and exchange combined As a result ot of th the It Itis itis is stated the next financing of the treasury treasury treas treas- ury will be on a decidedly scale A further flotation of term short obligations will take place In June but this issue may not exceed While there have been numerous re replacements replacements re- re placements in the outstanding Issues of government obligations during the year the tendency of the financing has been generally downward I The public debt will wili amount to about at the end of the fiscal year June 30 Secretary Mellon an announces announces an- an which is a reduction of toots mor than In the last two years Holders of Victory notes ar are again cautioned that these theo hoods bonds are May Malt 20 20 at which time all interest willbe will be stopped by the government These Thesa bonds can be redeemed by taking them to a bank or to m Since e the refinancing of Waltham Watch corporation luring during which local Investors subscribed to a t 0 per cent bond issue the company has made macic substantial gains according t to a report received by Ros Beason of Ross Beason Co Ha lie states that the ex expenses ax- ax of the company have been out a year ot of discontinuing high high- priced and unusual patents in watches and cutting inventories on this class of production The company handles credits creel cred its on thirty days only and the present earnings are in excess of a year or five times interest requirements on a athe the total bonded debt of three millions Miss MISS BERTAGNOLI LEAVES tt WEDDiNG SAID REASON Major Alva Lees Lee's usual cheerful lacked some nome of its cheerfulness today His private secretary Miss Mies Mary Bertagnoli Ber- Ber who has been associated in that capacity with the bond department ot of J. J A A. Hogle Co for some time re resigned resigned re- re signed today It Is I. reported that she is to be married this week end to Garn associated with the Dot Bot- Automobile company Miss Bertagnoll Bertagnoli through her business association has nas a wide acquaintance among the financial men of Salt bait Lake INCORPORATIONS The Tire Sales company of Salt Lake with a capital of in shares of 10 each to deal In automobile accessories accessories has filed articles with the secretary secretary secre secre- tary of state B. B F. F Maron is president F. F T T. T Little vice president and L. L r. r secretary The Robert Young A Sons Co of Wanship Wan Wan- ship Summit county filed articles article of in incorporation incorporation in- in corporation with the secretary of state showing an authorized capitalization of in shares Robert Young ii 1 president Anna T. T Young vice president W. W 5 S. S Young secretary E. E R. R Young treasurer and Anne Ray flay Vernon additiOnal additional addi addi- director One of the first companies to b- b bor organized organized or or- In Daggett laggett county Is the Lucern Creamery company of Manila which has baa hasan an authorized capital stock of In 10 20 shares Keith Smith of Is president T. T A. A Welch of Burntfork Wyo liyo vice president Hober Jr of Mantis Manila secretary and treasurer and Henry Helner of and K F. W. W Tucker of Manila additional directors The Tho Morrison company of Boise Ida with an authorized capital stock ot of In 10 shares filed a copy of its articles and named I D H. H Ashton of Echo a. a a Its process attorney In Utah H. H W IV Morrison as vice president signs the paper The Bonanza Gold Mines corporation of Park City filed an amendment to Us its articles Increasing Its capital stock from to CO C. C H. H Putnam is 8 president and Charles Moore secretary SUGAR FUTURES NEW YORK TORE May 15 Sugar Sugar futures closed steady tons July September December De DC camber cember March |