Show I I Loca Local Bond ad and Security Dealings I IR I R Reports ports from most of the investment bankers banker and brokers of Salt Lake LaIe indicate a strengthening demand for bonds bond in this market for r the opening days of March Somo Some of the houses houes experienced exceptionally good business last month J. J A. A Hogle logic Co reporting t 10 Ie e most active bond market since May ay of last year due principally t i that company's exceptionally strong business in Morgan organ Can- Can King nm mg Is a popular new issue that came out the opening of the week One ne of the principal features of f the local bond market last cek was the strength displayed l lD D V the Utah-Idaho Utah and Amalgamated Amal Amal- 7 per cent first morte mort- mort mort g age ce e bonds The price Saturday Saturdays S as s stronger than at any time the history of ot these theao lien len accordS accord- accord g S to tho the reports of ot the different uses ue dealing In them Utah-Idaho Utah lBs wore were wor offered at nt par and the H 24 at 71 These bon bonds s are cares carce care on 00 the tho market and it l is re- re that the market in other see sec long of ot tha the country has been leading Ire fe loral brat market maket In prices I The lora Trust company has ob- ob Ie ined iced some come pew new attractive municipals J ilch IC are e being ew g offered e the newest d h no o being el t those of the city of Ogden 4 Friday Municipals aro are ec- ec I C-I scarce on tho the local market roar mar few Isue out ket kt there being fw new S Thea bonds being tax exempt mar mar-I are aro rem iu ni a. a This b ng Income tax month when he income tax returns must C e filed come nomo investment bankers bankers pro- pro let the tho market t may be more rore quiet han durIng January and February al- al 11 hough ough It Is predicted that tha It will wi n awaken renewed Interest In tax ex exempts exempts ox- ox and some houses tho the month will be better than tan February wi l The Salt Lake e Ogden r railroad bO bonCa n ar proving l popular op In the tho rol lo lol o ocal cal l marke market many Investors Investor buying cl hem em up at It a ft I price that yields around en 7 per cent cent Several publia utility r lions ions wore were brought out during the week lons and also 1110 some come attractive joint land landI land I I and stock bords bords I ISome Some of ot the bond houses are are offer offer- ins Ing og JO 60 and 00 bon bonds s to tho the public I It t I ti M the tho first time that any special I effort has been mn mad to push those these aby bon bonds s on the local market I which hk-h hk Indicates that sm small l salaried Investors In- In are aro arC beginning beginning- to purchase so securities these hose I There her has hA been an unusually Rood Rood A demand for ht h grade bonds s ot of local uv rI Issues during J I Ill ll the past ow week T This I has hasE E 1 an n ARD evident in lr the tho Salt Gait Sol i Lice k T Terminal rm n 6 I Ip p per r- r re cent e bonds i wilch which are aro coming to realize have an exceptional delreo degree of ot security t c nn and Utah Idaho Utah Sugar Is 75 have also b been n active with wih u a I strengthening strength strength- In prices In fact standard r local ping ening I It bond nil lI along 1 the line Una have hava shown A t arming strength reports L. L L 8 S. rigg eals eal's manager of ot Palmer Bond Dond and Mortgage company Among lh the tho stocks Amalgamated preferred Amoni ad has hal exhibited al- al though thoro there has ha not boon been a 1 large volume vol- vol urns uma of ot trading in the common stocks ot of tho th two sugar companion Utah- Utah Idaho Sugar Rugar preferred is closely held haid with very vry little movement on the mar mar- mar mar- Jh keto ket Mutual Creamery common has hal halold old eld firm selling Belling ex dividend ex-dividend end at al- al 11 ost as aa high a a figure taro a as 1 before I The Tho dearth of municipal bonds bond on l on oni i Bh the local market is I. becoming mor more TN pronounced although our company and it other local loial houses have purchased SOy SOy- Ural aral eal Issues for later delivery I L. L p P. Van Von Voorhis manager of the tha L bond d department e of th the municipal t c Central Trust s Co company reports po t the 31 tOH following n municipals CI 11 J p The Central e t Trust t company puri pur- pur i chased on Friday direct l d o of gallon gation nc 4 4 l I tf itch per cent The Tho bond 1 s so sr o of are r the Issued Issue cit City Iby by th tho I It tty for purposes 1090 78 75 1 b for or SRi ware ewers for tor t 1 t I r J ono to pay for tor tho the city's r i Ho ot of f tr t f paving ln an and 10 t I for fr u 1 a. a or r The Th bonds bonda Will wil J b bp dated April i 1 h 19 1923 1921 3 and will wi maTh meTho ma- ma me- me r I Atril 1 1 ii P. P 13 I The Tho Th bid bUl of ot th Central Trust COi COil COIty COI con bettor boUr than any ay l V im w wa tI IK ty al although ii- ii hv Iw the tho city othor bid recel od ed 14 cl thou though h a 1 of ot other hou houseS sub sub- Ib- Ib proposals to the city elty ly I The bonds bond v will 1 ti- ti I offered to th the public on n Monday v Mm n eh fi I. I I. I will also Truet I hn Control Monday an n Is Issue Is- Is on 00 II- II offer to Its clients hA Is sue Rue of or r PI-I PI 11 rent cent r nl T ChoI district In II I t li 1 bond of ot Nebo H h b by tn th th 11 1 d. d r 1 p pon TI Tho TIl lonI I oi in t F 1124 1 lo In 11 I and nl will 11 io 1 o offered t to dio puMi 0 on ll 01 alp 1 1 its I eo 1 JV VIr 0 oi n of t Orm i IP- IP rl- rl tit n 0 of ot thO nt nl nl r 4 fun rj rt per ier 1 4 ll of 1 to retire v a IK tI amount o of o now optional T nii financial I 1 operation p onn r R f In a cub cub- r saving n of ot Inter t to th the town ln c Th Tb bond hond A t I I at week WAS Tas t with ii it i. i K 14 i d a d tl for Cor hIgh quIP wih 5 H l. H It H. Ryno ayne I Kale sales mi fr of nr I th Ii I bond 01 tl There ot of th the the- i f int nl ul Ti 1 Vr I t a n for nd I has bern been a hal Tower and pl pr r. r and nd sugar bond are ft Ho a a Melor AUn j A I Lee ee manager r of or the l a re mana Bond A. A Co of or J. J bond A liUi Bs t th h hu It 1 t of or local lorn 1 lOnal huBin n ness l ss i IB II grei rt mi IS than at nt any alY time tinte to Bine since tho tub a 1122 ThIs XhU is due lu u. u in part r I exceptionally nalY heavy demand for tor Morgan Morgan Mor Mor- gan Canning company first mortgage 7 per cent t hoods bonds duo o 1943 which v was offered t to tt t the tho nf public bf Monday l j last T This issue has 11 proved to be the most popular lar Jar local security ever evor handled by our firm Thero There Is la also a n heavy demand for tor local sugar bonds The excellent showing made by the last federal reserve statement hus hue had hada a tendency d to stiffen t e bond prices The stock t exchange Is showing g persistent strength r n especially t the coppers and ered ed to a lesser er degree the ralla rais H and certain rt specialties Wo We o believe v that tocks Blocks to will I t be distributed r u rJ from now ato on and advise ad ad- vl vise vio e caution cauton in commitments at at current current current cur cur- rent prices The local exchange reports larger larCer volume of ot business during tho past two weeks than at any time since 1920 The outlook for the silver lead lead siver-lead producers pro pro- duc ra i is very promising with metal prices nt at nt present levels We are expecting the pleasure of ot a a. visit from John Moody the statistician t a on week I d Wednesday and Thursday d of or next i Edward L. L L. L Burton Durton commenting on the market markot for tor the past pat week for lo 10 cal sugar stocks bank ana nna industrial securities s an and ard bonds states that that th the local Utah-Idaho Utah and Amalgamated sugar common has not responded to the increasing sugar market and tradIng trading trad trad- ing has been a a little easier casler The bonds of ot the two principal sugar companies companies com corn panics of this section however have been very vary active he ha states and the prices price are aro stronger with the close of ot the weak v Amalgamated preferred he states esTh is strong selling n at 15 5 and ama TM sill 99 h sugar s t market T has fluctuated ua quite violently tho the last two weeks he states and has a strong tendency l up up- up asa str ward Bank and Industrial nl o have been about normal he states r non floss Beacon Beason of ot Ross noss Beacon Boason Co will stated le leave et that tt today February r for A Los Ang has a Angeles ng been I He lie an active month for tor his company municipal demand 1 pal bonds being very ver strong 1 and In I |