Show j WILL BUY Subject I VI NA n Br c Ca Ion Offer Offer ll Pa Pet Ii c OCon Con la If Inv J c Hutton Button Lake Offer O 0 Offer West tot Offer I Offer orr Off r rv IY l S SELL l Subject 1 WA n Oil Ref nd I tHO E Ill tc ElK g v Star 11 4 k I ko B Br BoJt Boalo ln India Indian ian n Hc I piton n W Vet o Mirk l I Cot Iel 1 01 Inv 1 re Barber t IC II IA jQ Hutton Market N 10 La Lak ke I lyd 1000 Mascot y Market oC et c Wj t 0 H Utah 3 i 19 Out WYo n t. t lt l I 14 t IC c a new flew stock k I Iha eloc Market t p 1 Rue BlUt Moose Moos I O Ja Jay nf It ibe e c tt it Wheel pan PoIn ur 1 1 Motor 00 OO I A I Clutch Mt fod SOc hOc i It Ia cK lI e In oil stools an j 3 w we keell keel r i j jJ J 1 It to do not nOl l' l ii t With 1 all a 0 oil m. m markets t J if i and t II the stock you OU It t v.- v. will 1 want wai write n mode quote you ou P on s same sain e Scud a i i Wyoming w S i and amt Brokerage J k orders ge Co 4 I Alga A Block I Salt V 5 Lak Lake Lake- e City F I. I 1 CO a i j I BROKERS jt t en of nth the Salt Lal lake c Stock ange e Stocks Ck and Bonds Ina han han- d in all n te made markets liberal ad- ad On n securities at bank- bank banki e i r ru rates ratu hek k Exchange pone Was Wu 1373 i-i i It I FjELD f. f i I g 0 V A r CURTIS Colored i oil discovery p- p pr in hl r story ff E PACKER r to 0 Broad St. St St St. Now New York CO r j 0 w t rU L T 11 H 21 Stock Exchange Building Phone Wasatch 2485 Place Your You Orders 1 WITH 1 Pingree Brol Co Members Salt Lake Stock Exchange In Ill announcing the advent of the reorganized Pingree Brokerage Company in last Sundays Sunday's newspapers pers we said We Ve believe there is a demand for a large and conservative conservative con con- brokerage house in III Utah absolutely specula non tive in the thc conduct of its business and operating strictly on a commission basis a house with the tilt highest moral and financial hacking lucking with the best of financial connections connections lions dealing dealing- in the l listed sted stocks of the Salt Lake Stock Exchange e and the meritorious unlisted mining and industrial industrial industrial indus indus- trial securities of the thc State Stater 1 r WE WERE RIGHT The Thc response to our advertisements advertisements advertisements advertise advertise- ments has been greater than we even dreamed They go goto goto goto to show that the investors of ot this state want a brokerage company operating strictly under the provisions of the new Utah Blue lue Sky Law and giving to its clients only j such uch conservative information as is gathered after painstaking investigation The president of the reorganized company is James Pingree president of the Pingree National Bank of Ogden president of the National City Bank of Salt Lake and either president or director of many other of the largest banking financial and industrial institutions of the thc state The vice president is R. R W. W Sloan president of the Agency company and one of the best known of the big insurance men of this section The treasurer is W. W G. G Goodart of the National City Bank and the secretary and general manager is Guy R. R LaCoste who will also be the representative representative of the company on the Salt Lake Stock Exchange Mr LaCoste has been in the brokerage business independently independently independently dently for the last two years with offices at 21 Stock Exchange Building His firm has been absorbed by the new company and his offices will be the offices of the Pingree Brokerage Company Rem Remember for the time lime being it w will be impossible for our telephone number to be inserted in the telephone directory or our address in the city directory I Our offices arc are at 21 Stock Exchange Building Our telephone number is Wasatch 2485 Now in the directory under the thc name of Mr LaCoste 1 Vc e are issuing a Comprehensive comprehensive com com- free market letter let let- The Tho Pingree Brokerage Co ter ler We Vc wish that all of 21 Stock Exchange the old friends and patrons Salt Lake City Utah of the Pingree Brokerage e Gentlemen J Company and also the thc clients cli cli- mailing PI Please ao list place for my name nama f free on an your u I your of the Guy R R. R LaCoste ket kot letter ree mar mar- Brokerage House as well as I all other investors interested interest interest- Name I i ed will fill out the attached I coupon so that they may Address receive our market letter I promptly without any cost costor City or obligation to themselves I I l Pingree r 0 Brokerage Co Q a 21 Stock Exchange Telephone Was 2485 I I c P Petroleum Fuel I Iron o. Ca It I Is a Utah Enterprise for Utah People Owned and Managed by Utah Men Capital Shares Par Value OFFICERS AND DIRECTORS A. A U J EKING President and Director GEO GLO V. MORGAN Vice Vicc and arid Director J. J J. J McCLELLAN McCLELLA r N Sc C Treas DR C C. F. F WILCOX WILCO Director E E. E R. R DUSTIN Director N N. N A. A HO ROBERTSON ERTSON Attorney R. R 11 H. H BECKNELL Chief Engineer Banking References Utah State National Bank Salt Lake City Utah McCornick Co Bankers ankers Suit Salt Lake City Utah General Off Offices ces 60 East South Temple Street Salt Lake Lako City Utah THE STORY The many fortunes fortune that have ha been leen taken talen from the mountains of or Utah h by the tho Ito mining of the precious metal metal- will lie be far tar excelled hy by the men ho oho havo have a n part In the opening and marketing of ot what wll man many miny people say a Is ts tho thin greatest untouched coal Jut and tor Iron troll deposits in the world that thit I Is known to man at Ole tho present time To many It has been hoen a known fact act that lint the tho depo deposits lt of Iron and n coal co In Iron and Washington lon counties of or Utah were the thc greatest In America out America out out- title Jill of ot the Jal o Superior lon lt T region These deposits deposit have lilu tali dormant for r years because of ot lack of railroad communication arid anti although h at times an effort f orl has heen made malIc to gel ct the Iran nothing resulted until recently A report prepared pared b bv by the United States Geological Survey some sonie twelve twel years CAM ago while admitting that It was wat not thorough gave as an estimate that thal there worn at least FOnTY MILLION TONS 0 of Iron ort ore with the tion that there was wa l probably l a a Ir great at deal more store More Mor recent Investigation tn estimates that thit there ther are arc nn anywhere where from FIVE 1 HUNDRED MIL MIL- 1 LION J to a BILLION BILLIO TONS In the tho region which Includes Iron Springs Pinto and anti lull Hull alle Valley districts These Thel facts cannot he hc disputed deputed and the marketing market market- ing of ot this means wealth to many This wonderful deposit of ot Iron ore means much hut but when hut when you ou add to that the the- gigantic coal coat resources yet ou oa have h Indeed an Ideal situation Again w we quote tho the United States Survey when we wo state stale there is a coal field In n southern Utah covering co an nn area aiea of ot more morl than Ihan j equate miles The vela cill says the survey Is from six to 10 I twelve welve tet feet t loop deep nn and un- un undoubtedly l contains at a conservative e estimate at nt least TWO BILLION TWO 1 lit III AND SIXTY SEVEN MILLION TONS OF 01 COAL Tho The greater part pirt of or this roar deposit lies lits In tn Iron CO county To the quantity Is II added cl th tin additional ad- ad ad I advantage of oC Quality reports showing It 11 to cOn contain laIn coal of oC the highest standard This Tithe wonderful virgin vir ln relon region has great Indications of ot oil and expert geologists are aro u firm fine In the opinion that IhM drilling will result In the development dc of ot an nn oil region that will rival rl man many well veil known fields Nature almost al places Its Ils greatest test Ire treasures where It takes takeR thc the Ingenuity of man to reach and this great wealth Is no exception to the rule lint hill man Is ever o constructive and with brains and anti capital accomplishes most things A railroad has been hen financed and Its Ill construction will begin shortly When completed this chest of ot treasure will be he readily accessible and man manwill manwill manwill will reap wealth that will please tho most ambitious This stO story f Is not nol exaggerated eral an and th he reader can prove pro all these facts acts When that Is done It Is 18 to be I hoped that like all Americans he will want to aid In this great work ork and ancl reap the harvest that Is sure to come conic to those who participate In this work of ot development Th The Old Capitol Petroleum Fuel Juel and Iron compan company Is or organized b by Utah men to 10 elop develon a n great resource of Utah which for lack of ot transportation has lain l dormant dOlmant for jears ears These men have havo expended man many thou thousands of ot dollars dol dot lars In Investigation of th those these se ha resources reh from asking others J to 10 lilt In eat cst until they had proved 1 to to their entire satisfaction that the tho ro- ro re resources sources are aro there In Ih the volume stated stag and until ll lh they had secured the sarv sar capital to 10 construct the Cho railroad d. This has all been done tile the railroad d Is financed and now no that thal the tho market mallet Is I Ins ns assured and the profitable nature of ot the enterprise e amp amply demonstrated thC they are Ie offering to tho ho public a n. small email Issue of ot Its stock a at t a low price ASSETS OF THE COMPANY 2320 30 acres of ot coal land The I idled States Government Geological Surey Survey Sur- Sur estimates that thai this body bod of coal contains the amount of or coal cOdI ey vey great as follows Property No 1 1 I. Ino one tons properly No 2 tons ton or a total of ot tons of ot the lie best hest coal found Vi 1 i Utah IRON PROPERTIES The Tho company compan owns 28 8 Iron claims and amid has under tinder contract 15 others These claims rov cover r approximately acres l of ot the tho choicest Iron land in Iron Springs s Mining District The Tha mining of ot these Iron claims la is a steam shovel proposition proposition for many years These deposits are arc some sonic of ot the greatest known In tho time count county and anI laid Idle for a a. great reat many years for or lack o of transportation to haul tho the ore oro to the markets to bo be turned Into Inlo steel J QUALITY OF IRON ORE ORETho The Tho quality of ot the thc Iron ore ole from rom this IhlA district gains In comparison comp with the ores of ot other sections and anal analysts demonstrates that there thero are arc no difficulties In the Iho wa wiy at of ot successful and economical treatment tre I Analysis of ot approximately samples from rom arlous sections of the thc Iron Springs district show the average a metallic content of the thc or ores s of ot the thc entire district to o be e S ft per cent From I the UIO production reports for tor the tho year eal 1916 1416 It Is ascertained that tha tho the aV average e metallic content of or 1 ores orl'S of s seven cn districts in tho ho Lake lako Superior re region ton was wis 56 63 VI per cent and range 1351 per cent Of ot lit I ores from rom the and Vermillion ranges the ranges tho best ores orel of or the tho entire Superior region r region 21 per cent The era a average e metallic I 1 content of tho the ores cf of th the tho Alabama fields Is la 3 37 per cent Among mong tho the things rumored to be detrimental to 10 th the quality In tho the Utah ores were excesses in sulphur and phosphorus but bUl Information disseminated In this connection appears rs lo to have hat been lIeen of ot a misleading character r. r A better Idea of ot the composition of the thc ores of ot Utah ns' ns compared as-compared with ho those e of oC Lake Superior and Alabama is contained In tho the r following table prepared prepare from rom re recent re re- cent reports from the tho respective tho-respective regions Ulah TJ LS Ala Iron metallic s 64 Silica CO 13 44 4 Phosphorus 12 1214 o 37 Lime and magnesia O 00 I 30 IG 0 O IGO 3 Water ater shove 20 00 73 73 3 is HI Copper r 01 Sulphur 7 0 07 01 Manganese Car Carbonic acid f 12 1225 25 From prom this comparison It is ts evident ident that th the Utah ore ores art art- artof ot of a qualIty ity which is a Q happy happ m medium between n tho l hoes from rom th the two other rc regions lons having ha a hl higher hr metallic content than either being almost equal In other respects to thc the ores from the thc Lake Superior country COPPER Tho The ny also allo owns five the copper mining claims claim In Pinto PInt Iron Mining district and in III places the ledge of ot copper ore ote Is 15 SO feet wide wido of ot high grade copper samples sample taken showing J 3 00 Ou per Iler ton OIL LANDS bait ThIH company holds b bj by case that runs for tor fifty jears ar MOO acres of ot I the tho o he best l oil 01 land located In Utah That oil exists In this locality Is a matter matler mat mat- ter ler of ot state record Wo We have n R complete drilling rig set up on this property prop prop- crt erty and work w-prk w will soon begin Arrangements are now being made marlc to United ha have this States oil land developed de by orl one of ot the thc largest oil companies in III the THE RAILROAD The bonds for or the construction of ot the railroad HAVE BEEN SOLD contracts let for tor construction right cf ot way vay secured and It Is that it can cnn be bo completed In 10 days from start of ot construction only 35 Iii Route miles from m the ho com company's pan property to the Junction with the lie Salt Lake Lako it This short piece of ot railroad 35 miles In length should hould ho he on one of or th the biggest dividend p paying paving ral road road- In the thc U. U S. S S. S as cost of oC construction and operation are exceptionally low 10 and the tho freight rates will bo be such as to In insure In- In sure a 1 acry very cry large return on tho the money In Im invested ested cHell MARKETS FOR IRON AND STEEL The market for tor the h production of Iron is an a attractive one If It only onh for tor th the reason on that Utah h has a trading Hading territory on the thc west from rom Canada Canaba to MexIco with a a. population ot of EIGHT l MILLION l PEOPLE and no steel works In competition while III In tho the trade of ot the Iho orient the they have an ad tS fea The nearest competitor Is II the ine plant of or the tho Colorado Fuel and Iron company at Pueblo a a. highly concern All competition will have a it handicap of or from to 1600 1100 a ton on freight rates alone and Iron and steel can be produced by this hits company any BS RI as anywhere In the tho U. U S s. s MARKETS FOR COAL Equally attractive Is the market for coal foal First there thero Is the local 1 market mar- mar ket which in tit an act ar area a of ot 61 60 miles mlle south and 50 unties mills north of ot Cedar City has 30 towns for tor which these thes mines will be bo the natural source source- of or supply In addition thero there Is the market of ot California h where ro the development of or Industrial enterprises has been er very great for tor the last few ew years Going furl further her there Is the thc demand dern l for coal for or shipment from the tho great ports o of Sa Sami FrancIsco and Los Ios Angeles eles from which South America can be sup UP- ton Coal Is selling Belling In South Houth America and Mexico for tor from US to 0 per COAL AND IRON This coal I Is 00 miles nearer the Nevada Arizona California and South American markets than titan any coal now miner mined Coal and Iron Is tho the great t profitable combination and this compan company owns enough h to work ork a hundred years without acquiring more mor land Much encouragement ement Is given hivon tho the company to lo drill for tor oil which geologists Insists will bo be found In quantity and the directors are giving 1 much thought to this |