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Show THf: WASATCH WAVE, HEBER CITY, UTAH THE WASATCH WAVE KVKllY KitllMY BY TIIK WAVS PI BUMIIMi ft). CHAS. N. BHOADBKNr. Mitor sml Mux-- mU.ISHKU Saterad at the Pueturtt.-- . uiU SUBSCRIPTION $M Ilrbsr mttrr. FRIDAY. A YEAR u srruitd ! r lua IN ADVAS MAY 28,1920. DONT SPECULATE AND DONT LISTEN TO "TIPS" ON STOCK (to give it its most complimentary phrase), enters in when tbe man who furnishes the "grub" seeks to sell the mine, or stock In the mine, at a hlgn ly Inflated or fictitious value Investment is buying stocks afte the value is proved. Speculation con sists in trying to guess what the value will be. Buying stocks on li i prosre of a company striking oil or itwne'-Ingold is like betting that you will Leave on the sidewalk find money such gambling to those who think they can afford losses. There are such gamblers, who fie ure that they can afford fifty losses i: they can make one success. But these, usually prefer to gamble wi'h your money instead of their own. Tbe man who can afford only ene loss has on'y i slight chance. Judged from the literature furnished the public, there are open for tie,.-- ! opulent at the present time literal. y thousands of properties of wonderful value, from which enormous profits are sure to be realized by anyone .11 (By A. Barton Hepburn.) Thera are tens, poaaibly hundred of thousands of American citizen vesting! do possess stub If these ho for the first time in their live, make fd possess money for investment purpos value, would the promoters with them? to an effort part great hare ea. Extraordinary conditions If the promoters believed them to placed large sums in the hands of the have any such value, would they slrl-- e agrlcultral and producing classes. Would they he anxious to gie to sell? The majority of those who are enjoy chance to reap such great rthe you or new have little this proi-ertie- s w.-as mm h , ihe value o.r mg land dej. ids upon Its yield per If an i.ii muipany baa propeity of u certain value, on width are v.-i- i producing a given amount of oil v :'U of more wells in proportion to the ar a of the lease, the ..took is worth as much above par as will yield around s, ven per tent to tne invest ir If a corporation shows an Lc.r.-aspi volume of busim-v- s ami bi net earning-, the value of its stock advances Mm h of tills new aei uri,;.lo;i in of rii hi s has gone into Liberty Bonds. Tb-r- e U no better or safer form of than that of the (be. erinnt n: under whlih we live The oliiigatioii.-,-bond.and notes- of the large cltfei. of the states, and of the United State;! are good beyond question. j Kn-such securities sometime) de predate in market price, due to abnor nml conditions. But they will retain their market value when peace is re a.-- c - EVERYTHING IN GROCERIES AND Far A Weak Stomach As a general rule all you need to u is to adopt a diet suited to your ag and occupation and to keep your bow els regular. When you feel that you have eaten too much and when constipated, take one oi Chamberlain's Tabadv lels. CONFECTIONS. Our Motto is Service V. FRESH MEAT FRESH FRESH EGGS BUTTER ... AND QUALITY CENTRAL CASH It. Walker ; i ! ' - j t GROCERIES MEAT MARKET. THE BIG DEPARTMENT STORE The market price should not, how- Is Head Quarters for Everything You ever, have any influence upon the Need. small holders. They purchased for inHeber Merc. Co vestment and should retain their hold- Cull and See ls. "The Home of Good Goods. ings. a small Investment the bonds Meeting the Demand Meeting the demand for more efficient telephone service is just as difficult as meeting the demand on any other public it be an concern-whet- her grocery store, a popular ticket window, a bargain counter or anything else where supply is running short. ls-- j sued by the government were about WE PAY 35 CENTS CASH ' as good a proposition as could tie of For fi red, and they afforded a great opporFRESH EGGS tunity for a safe investment for Delivered at our plant persons. As an education MUTUAL CREAMERY CO., the bond Issues were a greut success Heber, Utah. in teaching thu people somehting of prosperity no experience in Investment, have had wards? These promoters are not philanthroonly casual acquaintance with banka Never before having owned money in pists; they are not humanitarians, to distribute inveslmejit.. quantities beyond their Immediate they are not seeking But while th-- y afforded a quick and PALACE DRUG needs, they have given little thought wealth throughout the world usually (The itexall Store. to Investment and, as a result, a large they are striving to Increase their own easy investment for hundreds of thouno h.td who sands previous knowledge PRESUMPTIONS FILLED number of them have been and are ba portion. PROMPTThe methods used by these men of bonds, and while they undoubtedly Ing, victimized by promoters and it guard--bion their should from LY AND SCIENTIFICALLY. put people prevented sharpers victimizing swindlers. to1 many, A very common belief on the part of it has not been so. That is a tribute they resulted in a fresh danger. aspl the salesmanship of those men who Over twenty million people Invested people who have money-makinrations is, If I only had capltol to in- can sell one one hundredth realty and In the bonds during the recent offer- For the Best in convi-rsninety-ninSHOE REPAIRING ings, and this opened a wide field for vest I could make a fortune! the operation of promoters. The idea is wide spread and constant tion. CITY SHOE SHOP '1 be it is a further tribute to their abilimajority of these promoters HEBER iy finds expression in popular speech that they are men of cunning minds. They under and writing. But the truth is that it is ty of one sort, at least One Door South of Lumber Yard. as difficult for any person to keep tnon know the laws and usually manage to stand the psychology of the situation. ey as it is to make money; and, under keep an inch or two on the safe side of They knew that tens of thousands, line. However, after one has lost spirt-by patriotism, would purchase prevailing conditions, it Is much more J. C. PENNEY Co. his money through a foolish Invest- bonds,, and later, when pressed for so for the man with small capital. to Is the loser consolation little ment it knew them. would sacrilice We are having a rather unpleasant cash, They Operating 297 Busy Stores test of the Idea that any one with capi- to visit the District attorney's office, that many others would look upon HEBER, UTAH. tal can make money unpleasant be- or to appear before the Grand Jury lu their holdings as a mere patriotic ser cause of the number of those who, for an effort to have the party who has Im- vice and bo inclined to hold them the first time, have accumulated mon- posed upon him Indicted, with the con- cheaply. They therefore went to work. FOR BEST FRESH GROCERIES ey and then have exchanged these un viction depending on how artfully tho cunningly, to circulate rumors giving expected earnings for worthless stocks promoter has dodged the letter of the the idea thut the bonds lacked invesi-- I CONFECTIONS and FRUITS ment value. They then offered oil, mln-- j The temptation to any person acquir law. Eve WE LEAD . Adam in and when We read stocks ventursome and that other is toward specula ing, ing money quickly LYMAN F. CUMMINGS. tlon rather than Investment, toward were driven out of the Garden of Eden exchange for the government securl gambling rather than toward safe rv for disobedience they were admonish ties, with tho representation that such turns. It is human nature for a person ed that henceforth they would eat stocks would yield a much greater reTHE GENERAL MERCHANDISE auddenly making money, to believe their bread by the sweat of their brows turn than would the government bonds STORE. that he can make much more.. Stock in other words, thpy must work for It would seem that holders of Liber- We are for Groceries, an must render equitherewould usk Bonds themselves their why living; they ty promoters realize this tendancy, ware and Notions: if the income Is to be so much greater, Dry (binds, Hard fore the present situation, with thous valent for that which they received. In fact everything you need, This is certainly the condition of life these promoters themselves wish to ands of the newly-ricgambling In Service Phone 29 on this planet of ours, proven true by make Ihe exchange for government stocks. Owen F. Buell. Yet one of is answer is centuries bonds? promoter The The situation experience. apparent: They unprecedented, of the many unprecedented situations and others strive continually to nulli- want to acquire a GOOD security iq which the last five years has seen fy this law of life. They further try to exchange for one ranging in value1 PIKES PEAK GARAGE Hundreds of thousands of men who tempt those who have tolled and ami- from indifferent to worthlessness. Ttm Battery work absolutely guaranteed. of United States SERVICE STATION FOR WILLARD have dreamed of the day when they should possess capital and easily raise BATTERIES. New batteries and parts to financial eminence now find them posed exchange, and should continue fop rebuiding carried in stock. Also Stock promoters of the wrong klui u bo a stockholder in the government. rent elves in possession of that capital batterie, for your car while and the majority of them do not know endeavor to get rich without perspirn-- j Newly organized business should beare bejng repaired- - We have twQ tion of the brow. They have a stock. left to promoters. A smart man does what to do with It Machines and flive p,ompt Charfling t Probably no one could have foreseen which, at best, has only a guess val-- , ,u,t furnish the money for someone1 service. this need for investment knowledge ue. Their aim is to sell enough of this ,,lse to open a restaurant, with the pro-- ' Acetylene Welding and Brazing. which was to arise so suddenly in the stock to pay promotion and develop-- ' mise cf a smull portion of tho profits Miller geared to the road Tires Uvea of numerous individuals. The ment expenses, and their own liberal if p succeeds and the certaiuty of an Agents for the Famous Buick Cars. best we can do now it to Instruct our salaries. If they are lucky and win a entire loss if it falls. Yet tens of thou-largHEBER AUTO CO., new Investors as to what to buy, or, ev stake, the investor, who has as- sands are doing the same thing for j en more important., to warn them oi sumed all the risk. Is awarded a small ,u.w ventures in oil, in mining, in For Guaranteed Battery Repairs and of the profits, minus large 3,.!- - dustry, what not to buy. Such is the purpose ' Auto Work. of bonuses. success and arles tho of this article. x() one can guarantee maAcetyline Welding and Values are founded upon production such a venture. It requires long Americans have never been trained chine shop. metof and distribution as the have i,,m-in investment, and highly specialized judgment peoples other countries, especially the French rhandlsing. Tho great fortunes of the ,0 know whether or not a business is Machinery and knowledge tail fix mo!it anything. Since the wide spread need for such world have been made by renderln; a wort'rt developing; and the most expo training arose, the bankers and hrok public eervlce, by creating something rienced often make mistakes.. Why; which the public requires, and selling t:lk0 lbo r;sit when one can buy. at pro MONUMENTS:- - A good variety from era, the sound and legitimate lishments, have been so busy with It at cost with a manufacturers profit; portlonately low figures, stocks in' which to select. Call and see them great new problems that they have or by procuring commodotles wh'h (ncerns that have earned fixed tlivl-- j You will like our work and prices. By not had time to carry on the education the public wants and distributing them over imtsiderahie periods of the Tabernacle, Irovo, Utah, al campaign which the welfare of the at a fair profit above the cost of the time? Beesley Marble and Granite Works, new small investor demands. The peo- article and the service rendered. ioVPn trained financiers and business ple with their newly acquired wealth Generally, fn every community, the men have great difficulty in exercising HAVE YOUR SHOES AND HARhave thus been left exposed to the en men who make money do it by neat-In- proper judgment and discrimination NESS REPAIRED of promoters, gamb.crs and commodotles, or services, whch in making safe investments. Inexpeii-rnceat the the shrewd and unscrupulous persons supply public necessities; or uv rat. persons of limited means should ROBERTS SHOP. who hang onto the fringe of llnume in feriug or merchandising the same the greatest caution, and con- ALL WORK GUARANTEED ever, all countries. bringing the things so produced ;n con sult with trained, experienced individOrson Roberts The lure by which uch promoters tact with the Individual want. They uals before making investments. have sought to drag this new wealth render a public service, and fur such Ranks. reputable brokerage houses ABE W. TURNER into speculation is doubly bailed; first service are entitled to ruiiisiiKatim and leading business men can furnish ATTORNEY AT LAW with nearly worthless stocks or stocks and print In such proportion information In the majority of banks, of unknown and doubtful va'.uo; and The great industry of the world men of experience, experts In their Knight Block second with the opportunity to buy on consists In putting things to rights, in i;l0 ar,. Ht their desks, ready to give Utah Provo, con-oIs At this within the reach the article best, various marglne. gambling; bringing information regarding at worst, swindling. the want. The man who tills the n,nls alUi the best of their judgment No one permanently makes money soil produces food for the sustenance to those who apply, whether customers by gambling in any form. A throw ol of people in the manufacturing dint- - ,,r m)( These men tire employed be- If you get a "tip you may know that the dice or a fortunate turn of the mar- rids, who. in turn, furnish hint wfih ,ause sound financial institutions all the thances are that it is false. ket may enable a lucky fool to realize clothing, implements and other neee- - know that the welfare of banks, of bn-- , and that in almost every case, it is giv a profit But the specu. alive sities. siness. of the country itself, depends en for the purpose of inducing you to instinct which induced the first hazard The filth which accumulates in tin largely uion the welfare of the work- - buy. Ask yourself, how can any man or, will Induce many more. And, In the Ity becomes the fertilizer which helps ,,r 1U1( (bt, fanner. troup of men control a stock? If they earner could control it. would they tip" any long run, the lucky throws will be in to produce crops when transferred to pt,,, fanm r uml the wage the minority.. It is a matter of bind the country. The stones that interfere sst.ss an unusual amount of iioney.one else and allow him to share In the' nesa experience that people do not at with the labor of the husbandman lie uow, and for this reason they ar- - rc- - profits? How would the man who "tips tain fortunes In any auch way. come articles of value when brought to ivtlng ,he especial attention of the you know about it even if it were true? Men sometime discover a gold mine the city.. The timber of the cold north promoters and sharpers. The I. inner When you get a tip ask yourself a copper mine, or an oil well; and the is transported to the south; and the usually has dealings with his bank these three questions and you will not profits resulting from such good for fruits of tho tropics are placed upon ad is In a position to secure advice invest. A man whispers to you that tune may be very great But it is a com tables in the northern latitudes. some "big financier" told him someand warning against bad mon saying in tbe mining country The great industries of the wore! (;ut bl, avirige wage earner who is thing in confidence. Is it likely the big that more money is expended in trying sre carried on mainly by corporations. tbe chjef possessor of this wealth financier" would tell such a man? Is to develop paying mines than is pro- - and the stocks and bonds of corpora knows little about banks mil t s.v it probable that you would trust a man . duced from successful mines; that tions which are rendering public cr and nn r- - who would violate such confident!? suspicious, hesitating to more money Is used in discovering and vice, and which have been in exist III. I' ion Then let him (onset his but- let thousands of men of recently digging gold and silver from the earth ?nce long enough to establish claim quired prosperity are loaded up with than the gold and silver thus exhumed to confidence and credit, are entitled to on worthless or nearly worthies sstocks The ; mall tnvestur shoul Is worth. to consideration by anyone who his tlre'.v "tijs" on stocks, ihe sic died through believing just such absurd Coal mining. Iron mining, copper nd to Invest, tip" is one of the redlcuLun feamvs 'tips." inmining, oil mining, conducted as The obligations of smaller cor " a m stink gambling. -- t m l.iviml:- of pho pnoer thing to do is to !ni dustrles, are perfectly legitimate and tions located within ones immediate orsons solemnly w hi per lo o.o h oth- stocks and bonds yielding a safe return profitable. These industries call for neighborhood, which are well and i.i er tips from the Inside." On Hie fringe place them in a safety deposit box and large capital and experienced manage. vorably known as to character oi bi-- l of th legitimate business of biiiug draw the interest. If the market price ment. But stock Is sold In dozeng of ness and management, may also aif iu and tog souks and bom's there Irops you needn't be concerned, if it companies Whose only source of capl- ttfe investment, an army of ; romote.-- gamliiors increases to any considerable extent, bangs tal is the gullible public, and whose nu u should not he difficult for tne uv and shai pers who are k ''i: to ink' ad- you can sell and reinvest in a lower nagement not only lacks practical teeb erage man of business, or for the wcik of lack of iniecmu i I rieed stock that will yield a larger alcal experience, but does not Intend ing man. to ascertain the chara ter ef vantage They have a system f tlissora-tnani.- return to get any! AH they want to get is the ny corporation in his own eotnniuni'y Avoid any investment where the "tniortu i.on" t'o: the purpose money from which a fool is soon part- - it should not be difficult for any m. n of inducing specula: ion in turns promised art' out of proportion 'or woman to learn the standing ot any euritn s whkh it is to thei- interest to the investment; Buy only securities Grub Staking is one of the legi-- j corporation offering its security-- . iaSed upon actual values, and only By means of discretely ptaeed timate means for discovering legitl- - There is nothing mysterious about "( on jiien'i.il inf. nn.it ion" they can such as have yielded an interest pay-s- ; mate mines, but gambling, to use the corporations or the value ot tn.ur f.. al n. us nur the umntry in a few ,uent over a is'riod of time. Buy common term, or unsafe speculation, stocks. Stock values depend upon -- .un right and never on a margin. ing W. C. BROWN. OPTOMETRIST ATTENTION DEMOCg ATS at the be will of Sat Lake City, Utah A Mass Convention of TunoT Hotel, Heber rifv, on the first ic Party of Wasatch c0,;, , and sei ml day of June He desires to called to convene in the tugs. nuke friends with all those that would at Heber. Utah, have ihe best glasses for flat) the May 2nd. 1920 at 8 oebu k ting " pur. same you have paid Jlootl I)OSO of electing eight ib !. w to adv for in days past. ft tend the Democratic Stat.union which will be held in Sub e City. FOR SALK: A four room modern June 14th, 1920. All front' precinct chairmen ;i, two and a half blocks house "V it Main Street. Heber Inquire at Wave strueted to arrange for h. ' ndancp all Democrats from th. .of ollite districts at the above m,.r '! Ioutt. " ty Convention. ewes SALK:-4.lof head young FOR Signed, J. W. Clyde. with early February lambs. Lnquire at Coil!,' Utah. 'airman. the Wave Office. Heber, DR. stored. As Fv-e- n START AN ACCOUNT. PLAY SAFE. it is astonishing how fast money Keep your Valuable Papers in one will pile up when it is set to working and the interest works faithfully days, of our Safety Deposit Boxes, in our nights and Sundays, rain or shine, and Fire Proof Vault, with night watihmai: in attendance compounding every six months. Accessible from 7:"U A. M. to 6 P. rl BANK OF HEBER CITY, Heber, Utah daily. 4EBER CITY EXCHANGE COMPANY THE QUALITY STORE over-crowd- ed Conditions are unusual throughout the entire manufacturing, mercantile and domestic world. Deficiencies in telephone service which have been quite obvious for some time are directly due to these abnormal conditions. j Materials are scarce manufacturers are not able to meet the demand-telephsupplies cannot be had the war diverted all activities in other directions, and they are just beginning to come back. Until the normal level is struck, there is bound to be shortage of supplies and this means unavoidable deficiencies. e one e The telephone service is probably no better or no worse than the general average of the business and domestic routine. The telephone management is in a vigorous campaign to get its service back to the old standard of speed and accuracy. on the part of the public will greatPatience and ly aid in bringing about mutual satisfaction. head-quarter- s The Mountain States Telephone and Telegraph Co. h - r M M ri w i ti fi M m si pi pi pi pi r-- S' i Announcin ri ri ri Heber City Exchange Companys Great Drive against High prices to force down the High Cost of Living. A Special Sale in all Departments for three days commencing Tuesday, June 1st. P! PI PI PI PI PI PJ p! P) PI h-- 1 3 1 I n-- 3 M j - s ri ! e f s niiMasasssasaiagsssi raaaaaaaaiaaaaaaaaaaaaaaaaraaasaasijaaaii w KNTIRK STOCK OF L.VDIKS, Uim.D-UKNAND INFANTS' HOSIKRY 20 OR ONK FIFTH OFF. ALL SUMMKK DRKSS GOODS IN LHVNS. VOILES, URKPES. LINENS. SILKS. AT 2U DISCOUNT OR ONE FIFTH OFF. ENTIRE STOCK MlSLIN UNDERWEAR. LADIES WAISTS. SKIRTS. AND UNDERSKIRTS, HOUSE DUES-ES- . BUNGALOW APRONS, VOILE AND LAWN DRESSES AT 20',;. OR ONE FIFTH OFF. P Pi PI P! PI Pi PI pj PI PJ li CHILDRENS DRESSES, APRONS, PLAY SUITS. 20 OR ONE FIFTH OFF. HART SUHAFFNER & MARX SUITS. THE ENTIRE STOCK PRICED AT 20 OR ONE FIFTH OFF. ENTIRE STOCK BOYS SUITS AN.) EXTRA PANTS, 20 OR ONE FIFTH OFF. MENS AND BOYS DRESS SHIRTS, DRESS CAPS, NECK-TIES- , 20 OR ONE FIFTH OFF. SUIT CASES & TRAVELING BAGS 20 OFF. ROMPERS, PJ PJ P. PC P; P ! PJ PJ PJ P Many other items and lines will be especially priced during this three day sale at 20 discount Great sacrifice sale of Daring tn:si three great sale days we offer our entire stock of Ladies' Coats, Suits and Dresses at off the regular price. Ready-To-We- ar P) Pj PJ Pi P Pi P Pt Pi Furniture Jft I Kit Pj Pi Pi ( V.v" srErlAI ENT Ol 11 SVI'K WI: OFFER ENTIRE STOCK RUGS. CARPETS. IN ADDITION TO THIS o : st - "- I wqiMv IH. ' VtJ ' DISCOUNT OF FIFTEEN A WE KiitCE THE PRICE OF BABY CARRIAG- (J)VI::;iNt: IKR YARD $1X0. 6 FT !i 9 FT U' S ' ' K $K T:' nEE sl:vvING MACHINES ,v. ? t HONOGR PH RECOUPS ONE HALF OFF. Terms of Sale: All sale merchandise net cash. No ap- provats. No exchanges. No alterations on Suits or s Ready-- T tow-ledge- ar. P Pi i John .5 If 3 A. ' i . 3 S' S s ir Heber City Exchange Company ' a A FAIR, SQUARE EXCHANGE TO EVERYONE Anderson, Mgr. j Jt V J ' S3P Heber, Utah. ; j aL f |
