Show C CONSULT with th thus I s J OC us reg regarding your our present holdings I e lO I or contemplated U LV purchases of Investment Investment In In- vestment ties lies a Orders executed on aU all markets DONALD E. E PENNEY E.-PENNEY PENNEY CO INVESTMENT SECURITIES 1011 1010 Continental al Bank Bani Wasatch 2770 i t. t TS IU iI I lr A II t-I. t I Ir IF rI r- r 11 HIRST r I LEAD L EA D REFINERY T Lt j 1 24 b I l J l' l t r fr Ii r r I L 4 2 r w 5 S r t SS S S 'S S. S 5 4 7 cf d F lead rd cY 01 F Untie United Smelling end Mining et er Uti r S monks on an I I s ki 1 S l J i lu luA luf r OR many years Ut Utah l Has as Keen been en one of l the e largest t l' l V III FOR producers of lead l in the nation nahon but bt until recently I Ij t k 4 l' l lead T The action t therefore of has had e j never a refinery 21 t t A r a the Un United ed States Smelting Refining and Mining CorpA Company Com C t A f I I A pany in in building a modern lead refinery together r with it 4 a new parting p plant ant for gol gold and silver at its iS Midvale Y 1 4 W. W smelter is is acclaimed as an important step ste in In the progress pro J 1 gress 0 of f Utah's Utah s me metal t a 1 In industry d us t ry is S SS L I I iTHe nie I new lea lead refinery is he largest west wesl of OmaHa li S 4 4 t 1 and can tons Jons of lead annually of the of-the the i. i ri f X S S SS J 4 t l t r fi t t usual purity 1 t S b r Lead is as us used e extensively in the tEe manufacture of sucK such s articles s as paint pigments storage batteries batterIe plumbers plumbers' ers ers' cables insecticides J tt friction anti bearings J supplies I. I As industrial industrial indus indus- others and metal s. s fIr solder pottery type many the the trial activity gathers speed throughout country r demand for this useful metal will increase I C 1 I In the operation of the new units approximately one onehundred J I employed in addition to J I hundred and twenty men are those previously sly on the payroll at the Midvale sll smelter lt r. r t t I i 1 L. L 1 r. r t C 5 S r During the past 74 years in whicH making S If H i S 'S advances in many lines have taken place this Bank has progressively developed its services to fully meet i. i S As S. S recovery advances a good the requirements of expanding industry its J. t banking connection becomes customers the advantages of long experience ample increasingly important resources and complete facilities S 4 I WALKER WALIER BANK TRUST COMPANY C MEMBER FEDERAL RESERVE SYSTEM I S. S t S l lJ S G GR GROWING R O 0 V VI VI I N G WITH WIT H J I THE W WEST EST SIN c E 8 5 9 i I |