Show I Team Teat Work i operative Co-operative effort is most powerful busine busing force 1 We seek to give everI ever everN I N National tonal City depositor tn th tf Benefit of City it through s sli i ivie vice vie so prompt and that it fits into his 01 ci I as well weB as if fh th il two two institutions were o one 1 The National City jy Ban Bank Banfe Banfer r 3 At No The The Only Bank on State Street r I i t. t Li w L. L OJ ji i j 4 j i. i 1 Clift Clif Building Salt Lake City A Sound Investment The Preferred Stock of the Utah Steel Corporation Corporation Corpo Corpo- 4 ration provides for financing the enlargement j of an enterprise with an an assured future I rT THE HE 8 per cent ent cumulative preferred stock of th the Utah Steel Steel Corporation is isI isI I being marketed to finance the enlargement of an enterprise that has more than six six years of success to its is credit credit Its Is products have been used in many of the west's largest construction enterprises and in extensive railway maintenance and development work Consumption of Utah iron land steel manufactures extends extends ex ex- ex j tends from Washington to California on the Pacific Coast Coast- and nd nd throughout the J Intermountain mountain West j The photograph reproduced above is of the Chit Clift building All Al the reinforcing steel used in this building was manufactured by the Utah Steel Corporation Today the Midvale mills mis' mis of this corporation are appraised at 1 Iron Irn and steel products manufactured from waste metal were sold last year to the 4 value of in the waste metal division the corporation sold i worth of metal in the same year The Te present plans when carried to completion call cl for the enlargement of the capacity of the Midvale mills mis to produce worth of iron and ad steel steel products product per year Investment in Utah's steel industry guarantees an income as certain as the demand demand de de- de- de i mand for steel the steel the dominant b barometer rometer of American Amerian business This investment more than assures an income return The purchaser of stock virtually retains his principal through his becoming a part owner in the corporation The interest interest interest inter inter- est return on this investment is the distributed profit from the manufacture of iron and steel steel Every shareholder will wi receive a profit prof An Attractive Speculative ve Feature With Wih each share of the 8 S per cent cumulative preferred stock Is included as a a b bonus nus one share of the no par value common common- stock of or the Utah Steel Corporation It requires nothing more than consideration of the mounting values of the common stock of other successful steel companies to appreciate the worth of Utah Steel Comon Common In the near future As a high-grade high speculative feature there s 's is nothing more attractive on the market today With each cach share of common stock attaches the stockholders stockholder's right to vote and participate to the extent of his ownership In the determination of ot the coror corporations corporation's policies Utah as a Steel State Partial Payment Plan Natures Nature's provision provision of all al the the necessary raw For the first t time e in the history of ot steel tin un materials for the production of steel guarantees guar guar- gua- gua America the general public Is afforded an anan an tees Utah's future as a steel opportunity to enter a a. steel corporation Within an area having a radius of of- upon equal terms with every every other share share- t miles mies is an inexhaustible supply of the richest rich rich- holder Hitherto this privilege has always est iron ore Coking coal in limitless quantity QuaIl quan been restricted to a select circle In order tt Is found In the famous Sunnyside nines mines to make widespread ownership in the Utah where coke ovens turn out an ideal hard Steel Corporation possible a partial payment pay pay- coke for use in our plant plat Limestone beds ment plan las has ha been adopted and may be betaken encircle the Salt Lake valley All the raw taken advantage of by subscribers to stock r materials can be assembled at our plant as In any amount third One-third down starts stats the cheaply or more cheaply than at any other purchaser toward full ful ownership of his steel mis mills in America Our manufacturing stock The present offer of 8 per cent costs will wi be low and our selling prices will willbo wi cumulative preferred stock In this corporation corpora Corpora- corora- corora bo be based on the Pittsburgh market market market-assur- market market-asur- assur assuring tion ton Is limited to worth of ot shares ing profits greater geter than those enjoyed by at each With each share is included Eastern and Middle Western mills mis Furthermore Further Further- unconditional ownership of one share of more a protective freight rate advantage the no par value common stock of the corwill cor cor- will wi greatly augment the ordinary manufacturing Thus are investment and speculation profits lation turing profit laton attractively Clip out this this coupon and mail mai today for more dh detailed information infer infer- I NA NAME IE mation about t this IS great in industrial industrial in- in project ADDRESS ADDRESS UTAH STEEL CORPORATION sal I I Ir c 1 WOI MIDVALE UTAH SALt T BOSTON BUILDING SALT LAKE CITY UTAH 1 DISTRICT DISTRICT SAl SALtS OFFICES OFFICES' PORTLAND LOS SAN FRANCISCO O ri 4 I r |