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Show TIIE SALT LAKE,. TRIBUNE, THURSDAY' MOECOTO, OCTOBER fa.tr, but without basis in . asserted. 21, 1950. law, BClaiborne iFharra,d declared the service of New rendered by the banks In the transfer of checks was legitimate and that the banka were entitled to compensation. H asserted that tuft Arrxngeruftnl th system for does not make every cbeck worth 100 cent on the dollar because there nearly always an exchange charge, so the merchant who support par --clearance doe not gatn If the merchants have benanything. efited by the system, Mr. Claiborne contended, the public has not been able to see it reflected In reduced price. - TRADERS MONOPOLIZE DAT S STOCK PRICES WILL SELL DEALINGS ON STOCK MARKET mirv 25LUtab-IUh- . , One Hundred Million Dollar Corporation to Promote Expansion Proposed. Oct. SO. Government WAfflDiOTON, expenditures of four billion dollars during the fiscal year were forecast by Secretary Houston of the treasury department today In an address before the convention of the American Bankers' association,' In which he covered a wide range of financial and economic problems of the nation. The secretary outlined the treasury's program, for handling the war debt) and appealed for the strictest economy, not only In our expenditures, federal, state, county and municipal, but also by thrift on the part of our people," adding that the program necessitated the maintenance of taxation "after this fiscal year on a level of not lese" than $4,009,000,000 annually. He said there were Indications of falling 'receipts. -- Advocates Tax Reform. In saying the aggregate receipts for the government should bs maintained at a high level for the purposes Indicated, 'he continued, I am by no means committing myself to existing schedules or to specific taxes. I think it of urgent Importance that there be prompt resurvey of the situation, with a view to reform of the taxes, to the wiping out of inequities and inequalities andxthe assurance of sufficient revenue, which may not be realised if the present system remains intact." ' The treasury's program had been disarranged, the secretary said, by the heavy burdens imposed- by the transportation act. He estimated the total amount which the government will pay the roads of at $1, 000, 000, 000. about which already has been turned over to them. The remainder will be paid, the secretary thought, by early spring. Mr. Houston predicted rapid reduction in the gross national debt through the year, particularly the $2,350,000,000 coming short-tercertificates outstanding. The treasury program, he added, would reIn sult reducing this below $2,000,000,000 and perhaps to $1,600,000,000. By the end of the fiscal year 1922, Mr. Houston declared, the treasury should have redeemed its entire "floating debt" or the short-tercertificates when the Victory notes maturing the next year would become practically the floating debt, and probably be accepted in payment of federal taxes. - one-four- th m m Producers Resent Reduction. Turning to the demands of agricultural interests for government help, Mr. Houston said scarcely had a reduction in the cost of livlug manifested Itself when every producer manifested resistance." "Every producer is willing for the products of every other producer to decline, but protests the decline In his There Is much own," he continued. human nature in this, but not much reasonableness. The situation is the result mainly of war. and in no small measure the failure of this nation and nations everywhere to date to devise better arrangements for products. storage and marketing of farm For these things, no one in particular Is now to blame. "In the circumstances. It seems to some farmers that they are in the way of beThey ing bit first, if not exclusively. are naturally disturbed and distressed, of some relief are and measures, seeking which are- - not practical and some - of which are suicidal. s Government First Aid. "The first' Impulse of many who are searching for the way out is to turn to the government, and especially to the treasury, as the sole Thatrumentallty for full economic salvation. This disposition, well developed before the war, was reinforced during hostilities by practices of the government which became necessary for the successful prosecution of the war and the preservation of national life. "It is the same disposition which causes resort to the government for all sorts of appropriations, many even of a purely local character. If there is a fault, and I think thers is, the blame rests largely with the public, which remains quiescent while InWhen terested groups are clamoroua the people realise this fact there will be a remedy and now until then." While the survey of the financial policies of the government by Secretary Houston drew the attention of delegates today at the general session of the convention, state bankers, in the section meeting which followed, brought the ad- -mtnlstratton of the federal reserve system under , fire. They edopted resolutions "condemning and deprecating methods employed by the board" In its relations with state banks which are not members of tha reserve system, aithougn the board did not lack defenders during tha discussion. Criticise Reserve Board. ment of the country-wid- e gold settlement toyed bankers and commercial interests $125,000,400 last yesr. This amount, he totd, would have been exacted as a Tax on business had not the board organised a system to clear all exchange of bank drafts. Although he joined , in the protest the against regulations, hi. C. McDougal of Buffalo, who was elsoted of president the stats bank section of the association, expressed unqualified approval of tne reserve system. He declared it had "come to stay," and urged the state bankers to work together for its growth instead of complaining about it allj of the time.. Mr. McDougal warned the bankers that the fool's pared lss through which you have lived for the past two or three years" would not always continue. He urged restoration of the conservatism which prevailed In banking circles prior to the arrival of the "seller's market, when anybody could make because immunity from losses"money," cannot go on indefinitely. The state bank section elected R. S. Hecht of New Orleans vice president and Fred Collins of Memphis chairman of the executive committee. In addition to an address by Houston on government finance, Secretary delegates to the American Bankers' association convention today were prepared to take up the propoeal of John McHugh, vice president of the Mechanics and Metals National bank of New York, to organise an International trading corporation, with a capitalisation of $100,000,400, for the of American promotion and extension trade. Mr. McHugh is chairman of the committee Vn Commerce and marine. ce NEW YORK, OcL 20. Stocks advanced today under a flow of transactions larger than the day before, but still somewhat smaller than the average of th last two months. The rise was uneven, with Issues which had hesitated on Tuesday moving into the foreground, including both rye and Industrial shares. Again a highly professional quality was evident in trading, and had this hot been ths case there might have been room for th supposition that particular groups of stocks were striving to pass from under the influence of depressed commodity prices and indifferent consumption. The steel group, tor example, rose with considerable vigor with the publication of th week's trade surveys, which disclosed further recessions of steel and iron and an abrupt break of $2 a ton in coke. It it possible now to get a clearer view of the steel and Iron market than before. Slackened buying is resulting in th cioe-ln- g down of some smaller independent" Credit Conditions Subject. steel works, according to the Iron Age, Southern bankers, here for the con- and figures point toward a vention, are arranging for a general lower production of ingots and pig Iron In mass meeting tonight, at which they in- Octoberoutput excellent promise of the the than tend to discuss credit conditions confirst week Indicated. s, fronting farmers, particularly But It appears that price cutting is still In an effort to work out some confined and to to products for plan of relief. which have commanded prematerials Proposal for organisation of a miums. Steel stocks recorded gains of corporation for foreign trade fi- large fractions to more than a point. under Amerthe of the nancing auspices covering edged the motor and rubican Bankers' association was put before Short ber shares forward.' Call money stood that body by Its committee of commerce at 7 per cent all day. and marina By cooperating with merchants, manufacturers, exporters and pro- Sterling Exchange Gains. ducers, the report said, and taking advantage of the Edge law, the corporaSterling exchange continued Tuesdays tion could Issue a billion dollars in de- movement with a gain of 2 He. The final benture bonds for sale in the United quotation of $$ 44 for eight drafts waa States and the extension of credits 4c above the week's lowest point, but $Hd These abroad. below last week's highest level. John McHugh, chairman of the com- figures display something of the effect mittee, presented the report which rec- of the British coal strike, the reflexes ommended steps to put the corporation of changes of sentiment being recorded into business operation by January 1 and to a degree in speculative transactions. solicitation of subscriptions to ita capi- A partial recovery of silver was to be tal stock from the public. expected sooner or later after the (harp "We recommend tne organisation under decline of the last fortnight, and It came a plan of a large corporation as prefer- today in an advance of nearly a penny able to a smaller one, the report Bald, at London and of 1C at New York, with because it will attract the beat expert a price here of 78Hc per ounce. The convention of bankers at Washingtalent, will have the efficiency attaching to large organisations, will give the ut- ton has happened to come at a time when most protection to the Investor and will producer of all sorts of goods, because and a restricted demand readily create a market for ita deben- of fallen tures by Its avowed purpose of creating at home, prices wer scanning the foreign markets for an adequate outlet. It la not thrift" for stranga, therefore, that the proposal Future in Trade Relations. the establishment of a $100.000, OoO Edge has been received with The report said the economic future of law corporation And an interesting sidelight on the United States was bound up in tha acclaim. events is contained in economic current future of our trade relations with other the tentative program of southern cotton peoples. a corporation of their to form It was further suggested that the cor- growers a heavy surto abroad own distribute poration directorate be made up from plus of their product. similar geographical areas to those of the federal reserve bank districts. to Foreign Markets Change. President Hawes was authorised call a meeting of bankers and lusiness A strong corporation under Edge law men to work out plans for the formation provisions has been under discussion by of such a corporation under the provi- members of the American Bankers assions of the recently enacted wage law sociation for four or five months, and It as proposed in the report of the associaIs reasonable to assume that particulars tion's committee on commerce and mer- of the program had been fairly well dichant marine, which was presented to- - gested before the convention met. The of marketing American goods today's session ' was given over large-of desirability abroad on credit ts much more Impresfinancial futures the to now considering sive ly than when the law went Into the United States and of Europe. . effect, but the passage of time has also wrought changes in the foreign markets Must Annihilate Bolshevism. whose effect cannot be determined altored I. Kent, vice president of the gether. full The application of Edge law prinBankers Trust Company of New York, will entail the raising of funds on and until recently a financial adviser to ciplesside the sale of debentures this through banktold the the reparation commission, ?r era complete restoration of Eurodof The way in which the goods. depended upon the annihilation of Bol the buyers marketing of paper of this, sort at a sherism in every country, fixation of the time demands for credit domestic when German indemnity and reconstruction of have been increased by the need of carthe devastated regions. until they are Characterising Bolshevism "as the un- rying large inventories to supply an interestderworld force," .Mr. Kent in his address marketed, promises r finance. of ao was chapter said Ita power great that the ingThis is particularly true in the light of people could not relax their fight against expected applications of South American it for one minute if they would not be countries for American capital and other overwhelmed. to stabilise business condition. the wealth of th world and credit "By stealing and long time acdemands The and using It to bind labor to false prom- commodations for short by home and foreign borto ises, the Russian propagandists hops del-- rowers is reaching a point where disobtain ths autocratlo power of their crimination in selection may be looked . sires," he said. infor. Mr. Kent attacked the tellectuals. who. he said, are adding the UTAH BANKS AND INDUSTRIALS. weight of their prestige to the false moutliings of the vicious." He declared (As Reported by J. A. Bogie A Ce.) but BANE BTOOKS. that ministers,invitedconscientiously, women men and thoughtlessly, without Integrity or reinalbtllty to ex- "Plain their perverted theoriag to their congregations on the plea of broadening their education. When a minister Is himself witling to play upon the passions of his people for the purpose of making a name for hlmealf, he stoops to the clans of Vie thrower of bombi." handling of checks drawn on all excepting local banks. Speakers declared Oovembr Harding had "amployed force and coercion" by eys-teforcing the uee of this under which many state banks were aid to have been compelled to enter the reserve system or lose certain classes of business. This was not only un- - TO CONTRACTORS, Stats of Utah. Office of Road Com Salt Lane City, Utah; Sealed bids will be received the State Roed Commission of Utah, byState Capitol, Salt LakV city, Utah, at I o'clock p. m., October 14, 1920, and at that time publicly opened, for constructing two of gradsd road surfaced with natural materials same being part of V A. P. No. II between Cedar City and Sb George. The length ef road to be constructed In See, A." IJ.U ml. snd Soo. "B." 4 64 ml. Plans and spsclficatlona are on fils in ths office of the Stete Roed Commission, Salt Laka City, Utah, and tha offlc of tha Bureau of Public Lends Colonel Hudson bldg, Ogden, Utah. The above plana snd specifications may be obtained at ths offire of ths Slsts Hoad Commission on depositing five dollars ($6.00) for each set of plans snd additional InformaAny specifications. tion may bs secured from the State Highway Engineer at Salt Lake City, Utah. The right to reject any or all bids It reserved. Cash or certified eherk for Ond Thousand Dollars ($1400 00) for each section nf road, mads payable to ths Utah Ktats Iload Commission, must accompany each bid as evidence of good faith and as a guarantee that If married the contract the bidder will execute the contract and give bond ae required. BTATH ROAD COMMISSION OF UTAH v21t$ Uy Ira It Browning, Secretary. NOTICK mis-Mo- n, see-tlo- NEW YORK RTOCK LIST. at the firm- but blugglah.clos. Practically th same factors and influences which served to restrict operation! during th early day of th week wer again in evidence, notably ths British industrial orisia and manifold Indications of a reactionary trend in many lines of domestie commerce and industry. Increasing interest waa manifest in the semiannual meeting next Friday of the American Iron and bteei Institute. In financial as well as industrial quarter it waa understood that tho policy of some of the largest producers for the coming year then would be outlined. Oils, rails, shippings and equipments hacked and filled within a radius of I to 4 points; motors, utilities and sundry specialties moving in ilk manner with Aside sugars... textiles and chemicals. from pool support and short covering in some of these issues, the market waa dull and moat often featureless, except for pressure directed against International Paper. American Writing Paper Preferred and Union Bag. Sales amounted to 475,000 i 19 19 69 Virtue Clift 8 Per Cent 2nd Mortgage Bondi $975.00 A Power $8000 Utah Light 4a on 8 per cent basis. $5000 Utah Hotel Bonds on 8 per cent basis. $1000. Utah-Idah- o $15,000 Sugar 7 per cent Bonds of rations maturities on 7 per cent basis. Edward L. Burton 190 SO. MAIN Phonal W. ST. 964 WILL BUY ( L stock' and other C. M. Z. shares at full market price. dividend-payin- shares. Conditions In th foreign exchange market were mixed, the London rate rising about four cents over ita recent low, with concurrent steadiness In Paris remittances and irregularity to tha Scandinavian cen- g DELINQUENT NOTICE. Whirlwind Consolidated Mining com- location of principal of flea, room fanyt house bulldinr, Salt Lak City, Utah. There arc delinquent upon th following described clock, on account of asseasment levied on th lOtn day of Sept amber, 1920, th several amounts set apposite the names of th respective shareholder, aa follows: Cart. ters. Trading in bonda wax moderately active, Liberty issues showing' firmness, with slight reactions in th rest of th ToAmerican group,, also Internationals. tal sales (par value), $14,460,000. Old United States bonds wer unchanged on call. RAILROAD BONO. (As Reported by J. A. liogle A Ce.) 1 Rid. Asked. -- j ,'tl post-wa- - ' WASHINGTON,' 00 1 ot ..... ....... ble It la baadrtds. NEW YORK LISTED STOCK, Au$r Agr tibemleal..... Calif Pfcg Aar American pfd.. fdjr..... Crr de Pisco UltMpVlkt A OkiO.e.ee fiu.e copper uuodricli Kubber Mvaiii iHU b. Lw,Uo. I Mlbl 44bl 1 I brivl MH i drool tir...... V.V.fiTl ........... ::::! T, Uuiurto ftllvtr Southern Hy pfd...... . BtromtHTf Too topper VirgiaiM ibtaicni Balt Uopper A Keseisx A- 1- do H( 1020 do OHe 1010 6e 1920 4 101 A British 3 1923 do 6s 1027 do 6e 1920 6 ... 4 5s 4s Jauaa 4s do first 4Hs do 2nd 4H Parts Ss latud d d do 4HS 191 IH Ktnfdosi AH t22 6 Ha 782 Haber Parry I 00 e L W. H OH L. W, L, W. L, H. Bates Thomas Nielsen Nielsen Nleieen ...... 1.90 1.009 Aakrd. LOO 197 AND UTILITY BONO. (As lie ported by J. A. Hoyt A Co.) Hex N. I. 6- 7. - 71442 76. Mr. Violet Darr-noughu .... S, R, Neel B, R. Neel SUGAR MARKET. Oct. Pi. The torsi market ft easier lodsy sad prices were nr sorer tiireedseder seer liberal effort. u rent lower Baled f M.M be ef Cabas et Thar wet l, end ftolsht, equal le 6.PO foe TH. " Neeembaa end It wee aald that some Brasil January . snsare bed changed heeds et shoot to same Lard squire tea I. NEW YORK. Jssaary 8. R. Neel M.M , 25.4 M M M.M ; NEW YORK PRODUCE. Rib Bailee L'aaettlod; October IT M NIW YOBK. OcL creamJ eery , thee el 68HBM WKOtllAlI DAIRY PRODUCE. 14. 3 eslres, creamery bitter . 58r. flrele. 66n extras, ery (QueUtleae fumlabeO by Matnal Greenery re.) uter; elate whale milk flats held KANtA CITY PRODUCE. gyymlrvx ('ll )( specials, P727HI Mate whale milk fists, K ANSAE Fiesh ntr Aeeawry butler la eeb..$ .41 CITY, OcL 26c: stats wheie eurreat make specials, 68A5TC, extra creamery boiler la eat- reh milk twlaa, bald specula. II4S72H. toea 43H base Pints, 3IA82o. Preen firsts creamery batter, ye nePoultry Bens, MSB! tprlays, Oei tor CHICAGO PRODUCE. west prtetr MH keys, 36c. OcL IO. Bottar Eerier; rreem-cry- . CHICAflO, Preeh firsts cnemery batter la ror- lose 69R6de, ,59 CONtIDERING TAX COMMITTEE.' KfS Cerheised; receipt! lit Meta. .(to Coeklag batter (401b. tabs) A. E. Holoomh, score Gary of tha Nafowls, geswral loa. Beech esse poultry alive H'fbetl doc. .Till tional Tax association, which met in Halt .All-Ktersre ess Bet sprint, 38c; fowl, Lak In Beptembar. has advised William .to Pall ereem rbeeee, triplet Youag America fail mam rbeeee ..... .It METAL. tat boatrd of secretary of th Bailey, Blerk Berts rbeeee ,40 equalisation, that.h I at work on th NEW JOB. Odl. 98. Capper, inm, LADY BORDEN ROBBED, Lresm brtrt rbeeee ,M on a sett lament of proposed commit! lead ted aloe, aachdafed. OTTAWA. Out., Oot, $0 Theft of $00 Tie firm; spot aod seer hy, 3A.7I futures, th migratory lira stock question, which EVAPORATED FRUITS. worth nf jewelry from th home of Sir 640 60. peculiarly affect th nubllo land states Robert Borden, former premier of Canada, 3H 6! eteetratytle. of th worn Mr. Holcomb expects to Rear YOKK. Oct. 9 At Deadest Bpet Evaporated wae reported to th police today. The qutcti penes, bersly Mesity. spriest. seglvcted; A ini tla, A 268 6e; lead, oaebtayedl alee, advla Mr. Bailey of th result a of hit AM 15. Jewel wer owned by Lady Borden. easy; rslilns, steady. work within a few daja. 4 eati-mnn- fWi L . ...... ...... . ....... i0. M4 ?f a It it aa ,,. (,. aa com ..,.(. jl H. a col V. H. Greenwood... W. II. Greenwood ., W. H. Greenwood ,, It a Col 04 to 93 ill 92$ 927 928 928 830 318 838 is 917 94$ 143 944 94 ' 700 100 1.009 600 609 600 , 600 600 1.000 400 ' 109 609 109 0 100 909 664 J,,,,,, ,,,,, ,,,,. 434 1.63 11.09 EOS ED 1 li.59 .. 4 ka 15.09 16 09 16 09 1(09 19.70 ...... .., B....... Wm. loo 19 E,.... 1,000 609 ' $09 609 609 609 $.000 109 260 200 1.009 609 100 109 600 100 1,000 ' $69 1.000 1.909 1.000 1.009 1.000 1.009 1.009 1.009 1.000 1.000 1.009 1.009 1.000 $.009 4.979 1.909 . 647 47 V E.,, to Scholia Boholta Wm, BchotL Thoa BeamounL N, E. .40 Bhortman, A W,,,,' 1.00 Smith. John 1.00 South nick. Ed 1.00 Southwick, M.d $.00 Soulhwkk, Ed .20 South worth, W. J., .60 Elmer . .60 Strong, Geo. M. $.00 Strong, 1.00 Swenson, laaao . .20 Bwtnaou, Isoao . 10 Swenson. lease . 1.00 Swan non, John C... 1.30 Swonsoa John C,.. 1.00 Swanson. John C. .69 Swanson, John C, H,... I 00 Totinon, Q. W. J.. .90 Tregonlng, 100 . C, ...... JewetL A. R. JewotL A. R....... Klrcher. W, Klaus. Wm. Klaus. Wm. Knutson, Inga Lake, Robert , Lak. Robert ; Lake, Robert Loonard. Thomas .. Linde, Emil Maw, Chaa B...... Maw, Chaa ,,. Miller, Frank Mllroy, Wm. O,.... Mitchell, W. J..., Moberg, Andrew . Moon, A. T Moon, A, T Moon, A. T Muhlestine, Ephraim A. . Murray, Wilton .... Morrioon, Robert G. 1.00 McMuUln. A O..... .60 Nelson, 8. H, ., 5.00 Plakaar, H. .20 Rosa 8. W, 1.30 Savaga K. 1,000 lit 9t6 117 $14 821 1.00 J.OO 1.00 1.00 1.00 1.40 .10 1.00 1.00 1.00 1.00 1.00 1.00 1.00 ,90 . 600 79 71 799 71 99$ .... 600 800 600 777 79 797 l$ 433 4 671 671 SS4 743 861 899 894 114)9 Holdaway, Homer, John Horstman, F. A.... 6M Howard, L. W,.... 421 Howell, E, L....... 427 71 T4 78 .,.., ,,,,,, ,.. Elian.... 726 TJ3 741 714 746 74 74 713 764 767 ........ .... Co, Alf. Brown L. D. Ooldberg W. L, J aokeon H, B, Col H. B. Col Colo H, B. Col H. B. Col Col ., M.- . Col Col H. 3.69 81)9 . 8. 148.4 Jensen, J. 133 Bol Kaufman W. R. Chatterton. . . 844 973 P. H. Glblln $71 J. p. Blue, Jr N. C. Hartlngh .... 374 376 G. W. Eklna Geo. T. Rickerby 11 Phillip T. Bton .... Ill Mrs. H. M. Denver. . Us 39 i Tint Smith ' 6 L. K. Bruce 199 W. Dtxoq Edward E. Epp A a 611 Harding, Franklin. Harding, Frankltn, Hardings, Franklin, Hardings, Franklin. Hod eon, J, R. ...... tf .... .... ...... t A...... ....... Evans, G. M. 136 Evans. G. M Evans, Jaoob Evans, M D, Evans, M. D....... Folland. FYaak J... Foot. H. G......... Gammon, Lottlo N.. 999 Ooatea, Leo W, Graham, Badie , Gronemon, JoaaphlnS 49 Gronemon, Thomas.. Halllne, Gue - t. at F .... Ettllnger, J. R. Bebre J. R. Bebreo J. R. Febrao I Bid. Ashed. C. B. Findiater . OcL CHICAGO, Bearish views L reyardiny C. W. Smith Bth Steel refA 6 let O 1943.. Becmtary Uaistsas sddreee before th bashers R. J Evan a 1087., self (.in coc ran tine la Wtsblaytoa led t mark Chile Cop cell Tr cone 7s 102S erlltny 1L W. Cram 6 let BP 1948, (It Wtri Fewer ef wheat (ndty, snd I a altarp decline In 74. W. Cram 5 1042. pee u A 1 k--e A Chlmlio prices. The market closed na settled at the Kay Pse T A T let roll Tr S 1967 Ben lahlt am ea eelerdsf 's floUK .W 2-- . feet lower, K. s , Se4. 6 SP 1UAS-. A with December 32.X862.MH. aad Merck II 95B E. K. Eppa A Co..... 1 ) 68. tor closed rents eel lower I H E. E. Epp A Co.... GOVERNMENT BONDS. cent advesee, end osts off cent le 1H seals. Davies Wellar Co. .. Ce ) I (At UrArtd by J. A. Hoy1 prevleloa th esteem verted from 6 eeate R. P. Morris I Rid. Asked. tothark to 2T rants adrnat. H. Faerller At first the wheat market showed a decided Jack 16 02.50,6 Iri.te E. Taylor .. Chart Liberty 3H upward tendency as a result ef prespertt ths I Horaoo Weaver 80.4 90.001 do let 4s ,c th British seal strike would he soon settled 00.41 N0.n then before seemed N. Dolbeck.. do 2nd 4s probable. , Betlaalat nf a George 00.70 on. oo J. Evans do 1st 4H Inquiry hern a wheat market eeedl. R. 0.62 Ml. SO federal R. do 2nd 4 H Evans J. Unas roamed likewise a farer ef the balls 1.08 00.89 Dunbar de 3rd 4 snd so, tee, did krowers' pevdletlee that rural Horae 00.48 00.6 do 41b 4H as aad after J. A. Hogle Jb Co..... " 08.4 04.38 October 25. B. M. Kelley Victory Boweeer. all were man yalas M.38i 98.44 thee counterbalanced In tbn .... do 3 last part nf th Chaa. E, Taylor day, when th Sahel seen nf Secretary Kouaton's Mrs. Kntl Huber arid re ea bream keowa. K. K. Schlichtor AND RYK. OAT FLAX, Cora cad acts, like wheat, displayed firmness Mary Method 20. Wbcst Receipt MINNEAPOLIS. Oct " toter were depmsed by casters P. H. Uibbtn 449 rsrt. compered with 590 cere a year lie Millay. Bly breaks la quotation ea boys did H. Hoffman. December, No. northern, $2.0$2.14; i Cseh: i food deal la maka prwvtslaaa averay lower. Chari C. R. Mower 2 04; Merck. $1 90H. R. C. Mower 1 No. 60Sc. torn yellow, J. R. Sebree nblte, S4H48Hc. Osie No. G. Bchole Barley TSStTbc. 88 4f I Mr. 8. R. Alexander. 2. 61 Hr-- So. INDUSTRIAL tit L..,... ..... 4s Bid. $.00 $.00 ,1.009' Let-kl- ..... ..... ..... A 4. 4.., I He do H 04 o OH i - 4i Lelpetg 4H Prnuktort "K Joetph Wahapp . ... Harry Foot E. F. McGinnis .... E. P. McGinnis .... NEW YORK BOND. Roy Johnson 101 H inter M It s C 0 2 red 61 Chaa. C. Campbell ., 10111. A N on 4 d evapeu w H. Child C 8 4. luui.il, K A T 1st 4. 02H W. W. H. Child da ce 4s enay. 105(4 Me Psrif -Panama be ns- - 78 Meet Power 4.. MH W. H. Child 70 pec T A T 4,.. tie evupue 6s... MH Mrs. E.E. H. Barg .... Am T A T cr 6. . 00 pm cm Sutton ... SS W. iO bn a Ce Ernest F. Groef .... do M 6 01 CM Lestb 6 ... 01 stL A G. 4s. , 47 Q. CMI A Pity rf 4s OtiHaeutb By sdj 6s MH John Q Freeh Chile Cop cl tr Ss 72 re A Ps 1st-- .. MH J, D. Halcombs .... Erl. yen 4s .... 49Wabsh 1st MH J. D. Halcombs .... sd tiro glee 5s J. W. Case John Ralnsx John Rainex F W. Cloys LoulM Cunningham., Misa J. Chamberlain 6(i Mr. H. M. lieever.. Jerome J. Cello ...... Walter Quayl A If, Brown W. O. Mllroy Isadora H. Wetnstoek 926 Louisa 8. Clayton rf do d d no OH T, Fetton F. M, Houston M. Houston F. W. Harmer ...... Hartenetetn... Robert Lake J. D. Blue, Jr Co... .... British Vlct 4s do ref 4 Belgian restore Ho do prentuia 6 Herman W L Berlin 4s Ueuiburf 4 ....... E. A. do tellur II natch I f 00 1021.- - Currency Preach 6 1031 do 4i 1017 I ..... Zinc... trust.. ........ i Pierut-Arto- i'Mwd 276, both Inclusive, equaling 149 certificate of $000 OX shares ach, total.. 00 00 Chaa. Tyng, 8H1 01HI 2 Edward Marahn .... b it 0 I 00 I 7H 07 H H. W. Lev J. A. Reeve 14 14 i 14 B. W. Dixon uOHI 60 I 50 Hi H Julius Hill 4 John C. Adamson ,, 3H Nellie Buckwalter . . I 1 ........ Motor t'owov to .... BONUS. 13-1- - .... .... 4, NAMED. RECEIVER NEW YORK. Oct. 0. Federal Judge Mark todny appointed Vincente B. Villa of Colombia, South America, and Law. renre Herensen receivers in equity for Vasques. Correas A Co., Inc., New York ooffeo exporters ond Importers. Ths concerns liabilities were given In the complaint aa more than $6 604.000, of which, It la alleged, that $1,600,000 are unsecured. The complaint nays the company at prosent la without (undo to meet obligations. Villa brought tha suit aa holder of trade acceptance! amounting to $26,000 Issued by the concern to various Individuals for merchandise. Theodor K. McCarthy, counsel for ths company, a Delaware corporation, said that Iho 'concern had been compelled to consent to the receivership because of iho unusual decline In the coffee market financial conditions in and unsettled South America. Thla action, ha said, was Its to as well as creditors taken protect Its clients, who are Urge coffee trader in Colombia. The company le more than solvent, he added, provided tte Bouth American client oan meet their obligations. ,) Cn.,w 712 713 mads to railroads by tha government under the transportation act eo far total $289,910,290, according to a statement issued tonight by the treasury. This sum was paid the roada In the form of advances, amounting to $333,710.-97made on estimations of the amounts due under the guarantee provisions of ths art. Partial payments were made on the the treasguarantee applications 1.reaching After that date ury before September ruled Warwick has that no Comptroller will be made ths guarantee payments whole amount due carriers unless the each road has been calculated. The roada to which payments of this natura havt bean made were not listed by the Iraas-- . ury. Payments mads In the form of loans out of the revolving fund created by the act amounted to $54,190,125. . t re-sa- le $100,-000,0- Dera A Thomas ,...L08 Dorn A Thomas ....1,039 Pern A Thomas ,,..1.090 Bainbrtdge Wilson ..1,100 W. H. Child UOt Georg 8. Chain ..1,106 8. Chalita ..1.104' Oeorgt Georg C. Laver .,..1,107 And, in accordance with law and an order of tha board ef directors mad an th 10th day of September, 1920, ao many shares of .each parcel of stock a may , necessary will be sold at 817 Nawhouaa n the building. Salt Lake City, Utah, loth day of October. 1929, at 1 o'clock p. m., to pay ths delinquent assessment thereon, together with cost of advertising w and expen ef sal. L. E. ADAMS, Secratary 7. 317 Kewhoua Bldg Sait Lnk C)ty. Utah. 4250 GLOBE CONSOLIDATED MINING I COMPANY, 420 Boston Building, Salt Lak City, Utah, .. ;tv . . NOTICE. Thera are delinquent upon tho follow, ing deocribed stock, on account of aaaeoo-molevied qn th 9th day of September, 1939, tha several amounts aet opposite th naraoo of th respective shareholders., aa follows: .t,j Amt. Cert. of" Name. No. Share. Aaea. Allen. Amos A... $ .i! 366 W. . .. D. Alexander, .9t Anderson, Julius C.. 821 2.M Anderson. Julius C.. 841 91 Geo. E. 6 Barton, 4.99 Bean, Lawrence ... $48 847 Bent F. O.... 19 13.69 Blaka, Wm. 8. 6.09 Bond, Mrs. Isabel la, 449 '6.89 Bond. Mrs. lea bells. 47 cv60 Mrs. Isaballs. 63 Bond, 933 99 W Bonner, Ned 19 09 Bradshaw, L, H.... 921 BrtmhalL Walls tr... 1 99 Brodio, Nettle K Brown, Mrs. W, W, 436 1.00 Brooming, A. B..... 396 vm Chaffin, C. K....... 109 09 Child. W. H 19.40 809 H W. Child, 601 10.99 Child, W. H 10.09 Child, W. H 6.00 W. Child, H.; 6.09 CM Id, W. H 6,99 Child. W, H. 141 W. H Ohlid, 863 '7.68 Child, W. H. Child, WwH 863 Chtln, W. H X $269 Chlpman, James ... 841 83 69 443 Chipman, Jamas T0I '8.69 John Cieghorn, Cleghora, John , 'V5S Cieghorn, John - 75 Cieghorn, John Cl horn, Theo.rjr - I 09 19 09 Cieghorn, Theo .... 10.99 Cieghorn, Theo 76.99 $61 Cieghorn, The 130 ILU Columbia Trust Co,. "2 50 Cotter, J, E. 19.09 Cotter, J. E 19.09 Cudworth, Frank B. 10 99 '42 J. F Delamara, .'.78 Edwards. Evans .. 8 81 Ekina, A, 8.M ..... Eklna, Gaoyto AM Eklna, Lyd Me Alien. . cotton-grower- PAYMENT TO RAILROAD. TndlgnatibiS 'against" tils' hoards regulation compelling the collection of checks and remittance of the fare amount at par was freely expressed. Governor Harding was styled a "usurper" of authority and a committee was named to seek amendment of the reserve act so as to guarantee to all bankers the rights snd privileges" of fixing a charge on ths Highly Professional Quality Marks Trading; Steel Group Rises With Vigor. ' NEW YORK, OcL 20. Business on th btock exchange today was almost wholly a traders affair, neither th long nor short achieving an appreciable advantage n BprlngvtUe-Mapleto- 16 Secretary Houston ForeFlow of Transaction Incasts Huge Expenditures Board Saves $135,000,000. creases, but Below AverThe rewrve board defender wa O. H. Wolfs ofstaunchest who and Receipts. Axeerted that abolition Philadelphia, Falling of the clearance age for Last Two.Months. and remittance charges and establish- 13.79 Sugar. 11.99 7. 103.69 Consolidated Wagon Deseret Natioaal Bank...,. 239.90 193.99 Zlons Savings Bantu Beneficial Llf insurance.. 117.50 191.99 Amal Sugar, pfd 69 1 Transactions Confined to Long and Short Interests With Little Advantage to Either as Dull and Featureless Session Closes. Vi. .5ugar cbmmon...... o $M Amal. Sugar, 3.00 1.00 841 811 806 153 $97 673 649 770 455 171 946 ..... lit 429 la it .... 431 309 W.,,,,.. 17 1.09 Vanoa .10 Walkar, Gao. 441 Max Wataa 1.00 1. 00 and In accordance with tha law and Order of mad on th 4(h director 1.00 of th hoard J.OO 1 00 i.oo I 00 3 A0 1.00 4.90 t 00 9.94 1.00 so many ahra day of September, 1V20, stock as may ? of each parcel of such sold will at 429 Boated ba aeoeaeary on th Lak Balt Utah, City, building, 30th day of October, 1829. at It o'clock asneosmeat th to delinquent pay noon, thereon, together with eost of adrartlsUng and axpene of sal. ALLEN T. SANFORD, BeorelarV 429 Boston Building. Balt Lake Cltv, Utah. vtiti |