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Show TIIE SALT LAKE TRIBUNE, SUNDAY MORNING, MAY 10 SIB CLDSE In PUT lbs atotk market, which was vsrious-l- i and market the beginning of to time reaction from high price. 1 hr comluslon were revised when It became manifest that they had been Ivaallly arrived at. U then appeared that at mot .reflected nothth disturbances bad csss of economic ing more than nerves Th need of a readjuetment generally recngnlxed. but apparently no aorkabl plan hae yet been deve oped. The acceptance of the provision of th I 'he lan law by the kaneae City federal reeerve Lank, under a plan worked out of federal reserve gov by a conferenr ernore. led to the conclusion that other reaefv dlstrlrt would adopt th eysiatn of "gniiluated" discount rate In a further attempt to curtail unneteaaary and speculative credit. Th Injurious effect of th railroad strike, . whli h w petering out hear th end of the month will continue to be felt for some time. Th transportation delay incident to a shortage of care had al under a sever ready placed Industry handicap and deferred th time of bring Th strike Ing production up lo demand, led to th appointment of tha labor board Cummlns-Esc- h th under law, provided and It waa generally hoped that It woulc workable for a plan handling develop railway labor disputes. Th "overall' movement, which spread over the country only to find Its Waterloo In Naw York, was regarded aa noth Ing more than a avmptom of dissatisfaction with high price In general. Thera was llttl expectation that It would da velop to aarloua proportions or persist for any considerable lima, but retailers sales' and to wars led to Inaugurate exercise more caution In thalr buying. Th policy led to an In creased demand for Immediate delivery of goods, and to higher price. Indl cations of easing prices for forward delivery w era reported in a number of OiEimimiraiEniEnimraimiraifflitoiffliEniEDimiEOiEDitniEDitDifflimifflifflitDiDOia In other tarded for Oil EDGE JILL . y attributed to tha uncertainty as to th future of credit, lo the ritianiutl crisis In' japan, and lo the Ulfferemes lietwein the alllea, brought to a head at the Mil Iterno coufereml, led to a temporary diswaa returbance 9, 1920. SOLI m MIGTIfl I Germanys Export Policy Is I 1 Considerable Surprise; to' Help Mark. Cause of Developments During Latter Part of Last Month Clear 4 l Up Vexatious Situations. Rettilyon Company Announces Sale at Soldier Summit Monday, May 31. I c ua -- A - - The entire townslt of Aoldlar Summit at public auction an Monday, will b sold May IL Colonel W. H. Adams of th BattUyoa Boms Builders company mad th announcement yesterday. Soldier Surf mlt la known a tha new classification yard and terminal point on th Denver A Hlo Grande railroad, where tha company has expended more than $3,004 Out) in making thla one Of th finest and largest terminal point on Its system. Th townslt of Soldier Summit Ilea on I both sides of tha classification yards, forming s crescent around th central point of tho yard, and offers an unusually beautiful and convenient altua-- 1 tlon for business and residence proper-- 1 I I that pries will not Indication to mount Indefinitely. and that th guying public will In tha future exercise tiat tneaaura ol car which financial adviser have been urging for many month, ha' encouraged many group of bank Ifig and Induatrlal man to turn thalr at trntluo to constructive featuraa of tha tie. Rdg foreign banking taw. With fairly Colonel Adam states that hla company I table condition at home, 'th sustain has bean retained by tha H. C. Means I Investment naturally company to handle tha auo- llig pf our foralgn market tlon sal on May 31, and that ha will ba take flrt Importance. And th Edge on th ground, with several assistants, bill, a interpreted by tha federal reserve to Insure thqt the entire towtislle, comprising more than 1204 lots, la disposed board, eem to offer on of th beat tradea of In on day. to thla and. instrument Business man seeking new localities. bank are of course lira j Commercial Investor who desire to put thalr money TWO STEEL MARKETS DEVELOP. ited In th asitanc they can randar Th policy of th United States Steel Into hotels, rooming houses and other buildings for rental purposes and InvesEurope by th naceaalty of maintaining corporation has developed two market for In th steel trade, th Independent mar- tors who wish to buy blocks of lots inh Urge part of their resources liquid. Its prices at from tlO to IIS th purpose of anticipating future Bank formed under th Edge Uw, on ket holding In creaaa values hav already expressed tii contrary, will not be deposit banka a ton over the market maintained by th themselves as deeply Interested In th As a result of this situ commercial sense. Instead they corporation. Ip th of proposition, and It Is antictpeld that sevwill, under th law, obtain their working tlon th unfilled tonnage on th books thousand Investors will b on the eral . apltal, with which to extend km term th latter la eteadlly Increasing, whileIs ground May tl to aecure thalr share of I credit to European Industrie, largely that on th books of th Independents lota. Th railroad atrik reduced the through th aale of their own debenture, decreasing. Th H. C. Mean Investment company, or th rat of production In th slant Inbolding aa aecurlty tha atorka, bond hlch owna th Soldier Summit town-- 1 to tndua-iri'-(0 per cent of rapacity, about a t er adequal collateral of foreign dustry led to th temporary unemploment site, has established n Salt Lak office " In a period when fv year of and with Horn Builders com-- 1 th failed men. Bettllyon Building destruction have torn down much of th of a large force of pany. to reach th expected stage, but Improvefairlc of civilisation, properly supervised ment was reported. Several corporation such lot credits and investment tot those to b offered bv the Edge banka floated large bond or note Issue at high The latest report Indicated Imrate. of Hi supply the toughest sinews and th aureat bonds to hold provement In tha crop outlook, although th prospects are still far from bright. foreign trade. a a Exports In March were the highest of anv month in our history except June of GERMAN TRADE POLICY. year. Imports established a new tNot a little surprise has been caueed last record amt led to some apprehension In 'tty Germany a export policy. German ex the textile and other trades subject to acting In accord with th gov- foreign competition. American Exchange jKjrter. ernment. have established a price for National Bank. Hioit far in arcee of the current price tjr Germany. Moreover, tha export price CHICAGO TO HAVE LARGEST HOTEL. to th praif generally graded according CHICAGO, May . Plan for the larg-rof the particular nk, urn on rxchango hotel In the world, to front three country to which each aula Is made. Thla blocks on Lak Michigan and Sheridan received practice particular attention at road, were tome made public today. Company! the recent Letpxlg Industrial fair, where will According to the plana, the hotelEdge-watthe conflicting prices placed on articles with In five be the units, present ' American generally operated against Beach hotel aa one unit. The archibutera t The reasons for this action ar per tect have planned 4(W0 rooms, Th cost sounder than they appear at first is estimated at 216,044 000.I a Sales. - haps feature of A theater, seating 2500. glance, Buperficlally. Germany seems to A peacock alley," three lie deliberately throwing away a chance the plan. blocks long, connecting all th unit; 400 tijr underaell her foreign trade competfor those who desire to cook itor. and to ha sacrificing for temporary kitchenette If the interest manifest in the proown meal, and one glxteen-stor- y profits all the obvious eximrt ad van their for bachelor ar other featurea tage which present exrhanga rates give unit posed auction sale of buslneaa property 115 In one of a A minimum charge day lier. The explanation rests on Germany's on Main atreat by tha Bettllyon Horn greater need ' of Immediate purchasing of the unit is contemplated. Builders company la to be taken aa a txtwer In other countries; In other words, up her great e need of reducing the dis-- i criterion, the Bettllyon auction departZ. C. M. I. NEW ISSUE SOUOHT. emit on the mark. Given a great shortThe outstanding feature of the week'a ment, undor the direction of Colonel W. age of raw materials. It la of itnall ad- aotlvlty- - in Utah bank and Industrial H. Adam, la going to consummate two vantage to her to place larger ortlera on stock ha been the amount of Interest of the biggest real estate deal made this with foreign buyer. Her exportaIn th new treasury slock Issu lper ear In Salt, Lak by the auction methble surplus Is so small that shs could displayed Zion Cooperative Mercantile Inof th and f til but a fractional part of th demand, stitution, according to E. I. Burton, local od. which hae been Inaugurated which ha proved o successful by this ftn th other band, lr she can make each broker. are company. of the stockholder Many rijit aha exports do double or treble aer selling their option at a substantial Colonel W. H. Adam, manager of th rt in raising the value of tha mark, this profit- - Right to exerctee stockholders department of the Bettllyon to her long-ru- n advantage. In that It option on the new stock issu will close auction Builders company, Home states that gh es her the purchasing power she needs Monday night. May 10, according to Mr. there la no reason why Important te obtain fresh raw materials. By Burton. not he should handled by th property th price In marks of each article auction method, as thla brings buyers tovHe sells abroad Germany automatically CLEARING HOUSE REPORT. gether in a way that they can compare doubles the demand for mark in the forl5.4tt.Blt.55 valuations and opinions, and that dealSaturday's clearing eign exchanra markets Thla strengthen 2,104,031.35 ing In this manner should bo much more At th same time, Kama day last year German exchange. 10.300 046.07 Satisfactory and conctuslvo. on account of th extreme momentary Weeks olexrlng Colonel Adama points to tho wonderful 13.473.742.77 Bam week last year depreciation or the mark, thla doubling success ot th auction plan of selling real of prices does not raise tha cost to the estate that attended this method of doCOIL CAPACITY. foreign purchaser beyond th point wher In Los Angeles, and ing buxines the purchase is profitable. Thus GerTh Ignition coll commonly In us a re uitea a particular Instance which ocIn succeeds the maximum made for th voltage that la obtained many exporting In laat week that city. In of gttods and at tha same time from five or alx dry cells. If a greater curred only quantitythem serve a double need Guar- number than this are connected up In tha May 4 lean of a Lo Angelaa paper,makes ten sueadvertised different auctioneer Trust Company. anty idea that aeries, under the mistaken a a real estate which varied In there will be greater efficiency, th prob- tlon sale offrom a the of selling bungaImportance ; Th development during the lsst four able result will he the burning out of low home lo tho sale of Important busior five week were. In many respect a, the condenser and consequent ruin of the ness block. more favorable than otherwise. A hurry coll. 'The auction method of selling real estate ha become o Important In Los Anthat the geles.!' Colonel Adams says, Los Angeles Auction association has been formed and has become a power In that community. There la no reason why the auction method of selling real estate should not be Just as successful In Salt lake, and w haW already discovered that th public is ready to accept thla method of transacting business, which has been proved by the fact that our auction gales have been successful from the very beglnalng. con-ttu- I il , . L7U jjjjoriuniiy Tbusv Flic $ hand-to-mou- Through the auction department of the Bettilyon Home Builders Company of Salt Lake City, the entire townsite of Soldier Summit will be told - Public Auction -- This announcement is of the utmost importance to business men seeking new locations, investors desiring to erect rooming houses, hotels or other business buildings for rental purposes and those who can see the wisdom of buying blocks of lots now for future increase in values, as it represents what is probably the most certain and reliable investment opportunity that has been offered the public in recent years. et , Builders -- ay 31st onday. I er Over 1200 business and residence lots will be auc-- ) tioned May 31st by Colonel W. H. Adams of the Bettilyon Home Builders Company, and trainloads of investors will eagerly bid for the choice of the splendid lots for sale. Reports, Many Inquiries About Coming t The entire townsite will be sold no. reservations no exceptions and until the day of auction the lots will be taken off the market Full particulars may be obtained by dressing the dou-bflff- .g t t ad- H. G. Means Investment Company. Salt Lake Offices With the Betillyon Home Builders 370 South Main Street. x Salt Lake City,' . nmimraiDiiDraamiraaiiDimimiminiimiiimmimmimimimiaimimimiCD'fD we tons b crete or bltumlpous typ. Yd! ,7.1 county. park highway In RonnevlII one-hsAnd seven No, Federal ala 1. f 7.5) miles earth typk Yellowston park higbwsv In Jefferson county. o ' twenty-twIS. V (22) aid No. I Federal of the Skaggs Three brajich house nil'is crushed rock type, North end South ICaah Stores, originators of the rah-anda. f, i counIn Lntah ud Ns Peres carry metltod of food distribution In the highway t west, will open In Balt Lake next Batur-- I ties. j. i miles conaid No. 25. two Federal f announced The day, it esterday. tjT, Yellowston company does a general business in meats crete or bituminous 1,4. - t Bingham county. , park highwayld in and groceries. 32. No. eleven (It) mile Federal of With the. opening f c the Balt Lake - 1 V In highway J f i i firm will hav com- gravel tvr, Call Issued for Second An- - branches,its the Skaggs Clark county. pleted string of stores covering seven miles No. (7) aid 14,, Federal I of area the entire the states of 7 I Malad valley highway in rr. vl type. Idaho and Wvoming. six storer nual Meeting of Western I Utah, Oneida couirty. ass at present operating in Utah, V and b will publicly opened "AkV L, I Proposals . to Th caters the trade of company t ' n, vj tr I tr g IBut families In moderate circumstances, and, read at th above stated hour. IJOarCl. a j of form contract, a Plana, specification, bv eliminating credits and deliveries, enmay deavors to relieve, In a measure, the proposal forms and other Information be obtained at th office of D. P. Olson, pressure of the high cost of living, and Boise ' of Idaho, ) x r-- f director highways. , A call for the second annual meeting fr T ? from No. 1. R. L. Ewing, district engiof th western plant quarantine board, I Wilnt 34. B. P. No. 1 Idahd; neer, Lewiston, IlOTtn WtlC to be held In Balt lak Mar 11 to 13. JWneTS ? 4. Ji. . Ilf son. dlstrlut engineer, Pocatello, Idaho; Inclusive, has been Issued by G H. 14. 16, 25. 32, J. C. McCauley, dls. Nos. : ; Claims Elect i Califor't'; Recorder of of director jHecke, agriculture deA Idaho. FallA Idaho trlct engineer, i nia, who is chairman of the board. j posit of ten dollar (210 40) i required The western plant quarantine board Claim owners bf the North Tintic for each et of plan and specification. was organised at Riverside, Cal.. In May, John H. The depoalt will be refunded If the dan 1913, with a membership composed of the niininjr district, officers of the eleven west- Donnelly to- the offieo of recorder, ac- areAilreturned Intact, quarantine on th b mad proposals must must ern slates, the territory of Hawaii, th cording 6 tho Eureka Reporter. Mr. be signed by furnished, and province of British Columbia and th Donnelly was first elected to th posi-- . forms the bidder, with hi name and postefflc northern district of Lower California VEN-ROO- M , tioa two years ago and previous to address. The purpose of the organisation 1 ,a under erv,(l The right is reserved lo reject all prodeputy n protect the western states, provinces and th late Captain Hugo Deperzin, who posals, or to accept the proposal ofor proterritories as a whole against th ntro-- 1 Idaho posals deemed beet for the state duction of plant pest and diseases West was recorder for so many year. No proposal will be considered unless of the Rocky mountains by promoting This beautiful boms is one of tbs most dssirsbls buys tn tbs accompanied - by an acceptable proposal COFFEE FUTURES. uniformity of action In th promulgation block from pavement, on largs lot, Situated one-haequal to five per city. guaranty In an amount and enforcement of quarantine regulaCsffev fntnres aivsseed cent NKW TORK. UtT (5 per cent) of the total amount of 165 by 200 feet Modern in ivory respect,. and equipped tions sod to protect each other through today after tn lower, but did A fully In be This guaranty may with number 5'j McGee furnace heating system. Sixteen close association, enabling a better unin. Pint price Weis ( th proposal alnula thvir A f (a) cash, (b) a certified derstanding of th quarantine problems In Joist, lower, ssder ersftorlag liquid. tin with the form bearing fruit trees on lot. Excellent garage. Beautiful cera bond. If bidder' a or (c) check, al and Pecember each state. ttU selling 16(1. hedge, Shrubbery, shade trese, fine lawns and flowers. WtU-- flrmsrs of the RIs market csmblned tified check accompanies the proposal The harmonlou solution of many comarranged chicken poop. An Ideal home place. with re porta of a Improving apot demand en- the check shall be drawn on some bank plex problems which have arisen during rol, In the stats ot Idaho and made payable raged t renewal ef yeaterday'a burins, howthe first year of the existence of th 15 to asid works. If of sad J,lf sp 7. during the to the commissioner public board has demonstrated th need for th ever, : rrliila December a bidder's bond accompanies the pro. , It has become more and middle toof 16f bo10. moral, organisation. Late reectteae were attributed be conditioned to bond shal the more apparent that there Is murk good to mttsiat posal. for orer the week red. with fair 6 three at If offer balance or awarded the $7500 bidder. th cash, per cent. yean to be accomplished through coordination cloetug at 13 7, no with the peweval llat guarantee thst In a contract. " of effort by the different states, and th rloslaf at t fnlate higher to 1 point tower contract, will enter Into Of his prowith the term program for the second annual meeting late months being ret, likely enay. Ctoatag accordance Mar. 15 40; July. 157, embraces subjects of vital Importance to bide: September. posal, for th faithful performance of th work. a 16.17; December, In th United States Jasasry ad general and the west 161; Crider, i Th March, 104 proposal guaranty will become the In particular not Rle as state a toe of th T's, coffee, da Idaho, of pot steady; property The tentative program follows. In part, 16; 370 SOUTH JIAEf STREET . 824H. penalty, but as liquidated damages. If special attention being called to th fact th bidder, upon the crests nc of hf Wasatch 4340 that the representative ef each state will or proposal by th commissioner, Alls report fullv on the work and problems acIn contract To Into a NOTICE CONTRACTORS. to enter refuses his Jurisdiction: of cordance with the terms of hi proposal Address of welcome. Governor BamberSealed .proposals will b received by within ten (Id day (not Including Sunger; opening, address, C. H. Hecke; reof quarantine officer: Under th commieaioner of pub'le works of the days) after presentation of the contract tract In the sum of sixty per cent (64 ment and effective organisation will be port to him for execution. What Conditions Bbould a Quarantine state of Idaho at th office of tha per cent) of th total amount ot tbs con- Insisted upon. '; D. P. OLSON. Hols. Idaho, until two or Modified tract priea,, Repealed-A bond with a surety company, auBe "Transportn purpose of th commissioner Director of H ighways. ii tation Agents as potential Quarantine Of- o clock p. m. on th 21nd day of May. thorised to do business In the stats ef WM. J. HALL, ficers"; Handling of Imports of Plant 195, for th construction of th follow- Idaho, and satisfactory to th commis- to build th Improvement in the shortest CommisxIonWbe me with of Public- Work will consistent of good I, construction, Products In tn sioner Mails'; required Quarantlns ing projects public works Dated klsy 2, 1920. Fsderal aid Na. Li, alx (t) mile eon- - for th faithful, performance of the con- - and complete and well designed equip Methods Against Cotton Pests." b3I Three Skaggs Cash Stores Will Open in Salt Lake tf XV -I rife I u vr Idaho-Montan- a. . it y ask for plans and specifications today; estimate ' cheerfully glvenf - ir'a iLiltiliJi In i? 4 - BEAUTIFUL MODERN ELE HOME FOR SALE! t" ,i Organization Efficient Call or phone!, '4, - figure with ns; we do everything from furnishing the plans to decorating the completed home. Every detail is attended to and the result is a perfect home. , this organization, through Its equipment, its efficient labor and its knowledge and experience, Is best fitted to serve you end save you money on your building! VJ? L - there is no reaeon to believe that building will be any cheaper daring the next five year. Competent anthoritlee are agreed on thi. Do not delay building yonr home and possibly pay more later I - - Saves You Money ! ly vuarniine Distinctive Homes Built to Order . Jtrse-tlcal- op-n- y ' r t lf ra-tlane- d Price, 512,500 Bettilyon Home Builders.- rJ BUILDERS OF DISTINCTIVE HOMES South Main Ground Floorf Phone Wasatch 2667. - - 1 I f |
