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Show Local Bonds and Securities Bonds and nfcuritieu have more or less languished in the local market this week, although there was displayed a sIi-oiir-r price for many of the leading investment stocks and bonds are holding up with new issues quickly grabbed by ' investors. The Park Lexington 6Vfe per cent bonds were quickly oversubscribed, over-subscribed, according to the Eastern syndicate, and the 8alt Lake house offering the bonds reported a brisk demand for them here. Tbd Staptoo Lireatock pnd Gardner Uvtoek 1 per cant bwQdji arc reported to be etrona; on th market, Tlja local daalera have cleaned their ahalvea ol the Issues and -He marltet la hoi dint up wall around par. Some Important new local refinancing ! expected with In the next week or ao to be nanaied In thla market and on the Pacific ooaat. Th Importance of Halt Lk aa a financial center la being mor and more realised. Th IHah-ldaho and Amalgamated 8urar ? are reported to be at rongor. I A brisk demand for then bonda haa existed durinr th dull month of th summer, much of the demand coming fn.m ICaatorn center, which haa mailt th Issues of all maturttlee acarc. a e Z. C. M. L common atocJi. which broke to almost r for A short while, la atrena-thenina: end 1 now acarce at 103. Heveral larpje block of this stock offered on the market about the same tlm cm used th depression. Thla oompdny ha no other obligations ahead of thl atock. It I stated, and while th company failed to go above the per cent dividend basis for the first half of lt2S, It I mill looked upon by careful Investor aa on ef the premier vtocka on th market an1 1 being ousht at the prevent tow prices. 0 a I. P. Van Voorhl. manager of the bond department of the Central Trust company, re parted buefrer moderately quiet during the week. Hla company' offering of Park-Lexington bonds waa received kin lly by Investors. The la-sue, la-sue, headed bv EMUon-Read syndicate, waa cloaed the day It waa opened, showing th demand for thl clas ni. bonds, which ta a first mortgage on Now York bualneoa real estate and Lulldlnge. The company nro reports much activity In a top toe Livestock bond and alao Gardner Ranch bonds, both of which are secured strongly by first mortgages on land, as welt as livestock and building. , e a I, tt. Ttigdi, sales manager of Palmer hond Mortgage .company, reports as follows: "The large movement of !oc.I muni clpal and corporation bonda In Salt Lake during the paat few weeks I additional evidence of the growth of this city aa a bond market. Our company haa aolri. locally ever) ev-er) entire issue of muntcipil bonda during th laat ten daye. A few years ago It would have been necessary tn market a iarg portion. If not all. of Irene bonds In the East. Sale of cor-t cor-t oration bonda have elao een greater thtn tn actlv reasons of other yeara. 'Thie mean that Inveetora her. In-sfltutlons In-sfltutlons a well a Individuals, are coming In recognise that sound bonds f urn rah the beat medium for the employment em-ployment of aurplua of temporarily idle ft' ode. . |