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Show 12 THE SALT LAKE TRIBUNE, SEN DAY --MORNING, FEBRUARY - U- v a point within nine, miles of Giinor.-bJune. 19I(L the camp took on new life, and has been increasingly active ever since. of W. A. M- -t Through the effort secretary-treasure- r of, the Pitts- c o company, the Northern Pad-flrailroad became Interested in the Ull- - tI Induced more or Texas district and was to finance the building of the railroad I from Armstead. Under Mr McCutcheonsj according to Mr. Ross, the supervision, railroad was built. Kmc the buildingdis-of the railroad the importance of the trict as a mineral producer has increased among greatly and several properties, them the latest Out, the Allle and the worked. teen have profitably Gilmore, Steps for Tempting People Back to CountryPiscusseid , buig-ldah- Low- Development Work est Level of Mine Encouncrri ; men Permits to Prospect j for Oil Are Granted ter Promising Conditions. Spoilt to The Trlbaeev WASHINGTON, Feb. S Oil pmapect- Total output of the Pittsburg-Idah- o ing permits were granted today to the counLemhi company mine at Gilmore. after following: Salt Iake City land dtotrloi 11,346,290, ty, Idaho, up to date Marly K. Andereon, 1600 arrea, township smelter charges have been deducted Fig- 27 range 13 eaft; Roger W. Power, ures compiled by President and General 2.160eouth, acres, 22 smith, 10 east, W, J. Cousin, comthe Roes 22 eouth, 10 east S. that show 2560 A.. Perea, Manager New (aetV, Wyo.f district Cornelius pany has produced 3899 ounces of gold Williams 220 aerce, 41 north, 67 Went; tvalued St 77, 9S0, 1,'M.mi uum es of Jesse A. Smith, 42 a res, 51 north, 67 38.892.7 tons and 11,047,614 valued at weet; Otto Olson, 12S0 acres, 46 north, 62 of pig lead valued at 64,220,616. As from west. Chejentie district favan Tillforge, 160 all of these valuations, ameltmg charges actes, 15 north, 75 west. 2240 have been deducted, the net smelter value Kvannton district H. B. Cole of tje mine's product up to date makes acres 32 north, 112 west These metal values a total of 65,346,290. HOUSE BANKS. CLEARING have been extracted from shipment of . 111,921 6 tons of ore (dry weight) and conNEW YORK, Feb, 5. The actual condition of clearing boiiae hank and truat companN centrate, say President Moss. for the week abowa that they hold $15,097 070 Development work done recently In the reaerre la w of bpl requirements. Tht to Indicates according plainly, property of $6 221 20 from last week. President Roas, that the value and the la aa increare folio statement The is of mineralisation the extent Increasing CONDITION At TFAL with depth. The vein system has been $5 004 300 000 etc discount!, Loan, to the productive from grass roots down com3 OWl.MN) I nr rea ae Now the lowest level, the own in raulla . 70 763 fk pany la preparing to sink Its three comreaerre bank federal 6W IXW partment shaft from the 7u0 to the 800 Decrease foot level, lm reared railroad rates, noth Reaerre In federal n rpa bank . . 094 141,909 the present low price of lead, has caused of member tanka 5,714 000 the company to keep its shipments down Increase . ..... to a minimum. However, .development Rraerre in own tbiiIii, state 403 0f0 . 8 trust banka and work ts going on at the mine, according companies . 385, 000 Increase ... to Mr. Ross, In order that when the tone fn state depositaries. of the metal market Improves, production Heaerre and 9,156 000 trust companies.,.. banka at capacity may begin Immediately IM.OtHI aae . , . . ....... Decry of Texae the the development Regarding 0(h) 5 546,474 Neb demaafo Pittsbudeposit.. 'district In which Is situated the ttMOOO ieT-ho mine, the- United States georg-Ida 000 239 A8 Time deposits makes the followlogical survey report 2,870,000 Decrease " -f ing statements: 34.33 000 Circulation er Inspired by the great bodies of tsmaw . 50 57?, 000 ore discovered in the Viola mine r. 8. deducted.,- across the Ijemhl valley, prospectors lo- Aggregatedaptatrs 524 732,000 reaerre cals'll many claims In the, surrounding fc.xcea reserra ............ 15.007 070 6 221.020 Increase . country In the early 80'b. The most promcom pa a tea a trust belt and claims of these banks occupied state ising among Summary of about twelve miles In extent along the in urea ter New York not Included in clearing east fare of the Lemhi range, a little hou statements: $ 576 062.500 north of west from the Viela deposits. Loans, discounts, eta. 0 4to 200 .... , Deercat The Texas district, in which is situated 7 401 2t0 ......... Gold o earwas thus Plttabqrg-ldahthe mine, 220 100 . Decrease ly discovered and largily staked out. In 16 748404X Dank and notes........ Currency was it prospecting continued and mining 1,185,300 Decrease .... carried on In a desultory way for a numfederal reaerre with ber of years,- - some ore being hauled to Deposits 48.594,900 bank. New York.,,.......,,., the Nlcholla or Viola smeller; but with 501,100 Decrease the abandonment of that property, what- Total deposits 609 047.100 ever enthusiasms may have prompted 15.019,300 Decrease . ....... work In the Texas district died out and amounts doe for ten or twelve years there was little from reserve depositaries and other- banka and trust cotapa progress. York in New "in 1902 a group of claims, the chief City and of which now constitute the Plttsburg-Idah- o United States deposits ........ 566,777 600 , ... lft.Mtb.Vh) Decrease , were (J. purchased by F, property, ...... 25 125 000 Laver of Dubois, Penn., for himself and Banks: ash In vault..... in vault. Cash 47,414,700 Trust companies: associates. Early development revealed at a depth of about 200 feet ore bodies WEEKLY FINANCIAL RECORD. which greatly exceeded the anticipation of the owners In a short tlmp considerable NEW YORK, Feb. A February in the' finanore was blocked out and the method of cial markets opened with a tightening of treatment became a problem- of prime Im- credits, a negligible volume of business and of values quoted portance. consequent Impairment "As the old Nlcholla smelter, which had throughout the J)at. to demand or rose leans Call 9 afforded ready market In the early days per cent, the Advance was of the district, had long since been dis- highest in almost tbreo months. toinformed well to the reduction work primarily due, according mantled; shipping to of toe I redtret eft- - Montana necessitated ill steady ijmf Utah a hi) In, Mi mf .banter There morn concur of xoac'nvf-ff- v The wily rent advaneesMn Interest and rediscount rates , alternative wae to erect a local plant or by federal reserve hanks. await railway transportation. Shorts frequently availed themselves f fur"The wagon haul to Dubois, Ida., was ther adverse industrial conditions to depress adopted and continued during the open popular Issues. Lower n rices for raw and reseason for tour years. The road were so fined products suggested a marked resdjuat-meatdestructlvs of wagons, however, that tt of estimates to thn oil. trade. almost Impossible to- keep them in nwrttof actor jr earnings, threats of labor and In the fall of 1966 a traction troubles and delay to the settlement of claims ' repair engine with a train of four steel wagons, of transportation systems against the governeach of fifteen tons capacity, was put ment militated against railway shares, apart on the road. These cars were not equal to from occasional upward spurts la the transthe continued strain, even though the continental group, notably Hill Isaacs. rout was almost Ideal for such transporIncreasing credit at rata added to thn heavy sad equipment stocks. Comtation, and aftrr a dosen trips this method ton of the steel miscellaneous panies controlling speclaltha subof haulage was abandoned. statement mitted financial which suffered to "From the fait of 1907 until the spring with similar exhibits of the correcomparison o 1910 of the Pittsburg-Idahmine was Idle, period last year. awaiting the completion of the railroad sponding A tone pervaded the investment confident which was being built from Armstead, a market, bankers experiencing little difficulty station on the Montana branch of the In of new capital offerings. Pre Oregon Short Line, ninety miles south of uar disposing bond Dunce of tha important raiiuays also Rutte. During this period the Latest Out Improved, but Liberty - and Yktory issutl mine became active, the ore being hauled eased. to Dubois. In the spring of 1909 several Movement of foreign exchange were again of the smaller properties supplied small obscured by divergent views arising from the amounts of ore to a new smelter which proposed terms reparations! imposed upon was opened at Hahn In the Spring MounGermany. tain district. , "With the extension of the railroad to Remember the auto ih6w. ' - 1 ail-Ve- 700-fo- (h . lead-ellv- .,. ................. - nU-- 4 -- " be-ca- m -- -- -- v Fear Ho Pain we specialize on nitrons-o- x Id, the tastolesa, odorlesa and harmless anaesthetic, and guarantee that you will feel no pain whatever if you have it administered. we also use local anaesthetic, ether, chloroform or whatever the case demands. We repair broken plates and return In 21 hours. Mail or bring them In.' Superior Prices w 77 here you get Instant, personal and sympathetic attention from graduate, registered dentists of many years experience In this stateand at a price that you can afford to pay. .tilt,' RSfyntum , Salt Lakes Leading Dentist OPEN EVENINGS 1 V tff 13 South .Main' f, -7- I 3 V frf . EXAMINATION 267i-5oui- Th --( V 4 'vA, & ' i general ,bmnve4 situation to by greate confidence than was manifest in the last week ofi 1920, and there are tangible' evidences of improvement, says the February letter of the National City bank of New York. Golna further In the dlseusslon of current economic prohlemx, tha bank says; "Th apprehensions and rumors of impending trouble, which are always a influence when the credit situation la under strain, have been largely cleared away. The Irresponsible talk of a panic has been silenced. The epidemic of business failures predicted for tha and of the year did not.come. The jerked Business 'Unshaken. "The number of reported bankruptcies has Increased, but has not been alarming, and the cases have been mainly of small concerns of mushroom growth, who extended their, business rapidly upon a small capital while prices were rising and did not have the reserve resources to meet th losses that were Inevitable when reverses came. The substantial business structure of the country Is unshaken, and whatever anxiety there may have been upon that score has been relieved. "This does not mean that heavy loaaes have not been taken. Oaly the fortunate few who began to trim their sails early In the year, and deliberately restricted their business, escaped. Some made good profits In the first six or nine month and lost most of them In the last three months, while many have come out of the year not only without a return upon the Investment, but with an impairment of capital. Recovery Seen, T e e one-ha- lf Relief Steps Taken. , "These are some of the facts which are faced by (he farm land committee of the National .Association of Real Estate Boards, by the government authorities and by all other bent upon a solution of the back to the farm problem. Under the chairmanship of a Denver realtor, officially designated as Colorado s moot useful citlsen, A. J. Simonson, the farm land committee has dedicated Its best efforts toward the situation and has established cooperative relations with the United State department of agriculture and depsrttnent oi tHe Interior at Washington, with similar deportments of state government and with the state agricultural colleges In the various commonwealths of the Union. "Thut committee has pledged It support of legislation that will advance th1 economic, educational and social condition end Interest the tillers of the soil, and all measures that will Intensify sou production, bring about a broader of farm products and assure a s. proper return to the producer- of By educating our citizenry to the advantages of the farm. Its freedom and the rewards which normally flow from the soli culture, the committee hopes to assist In tha movement to relieve the congestion of our cities and repopulate the farms. V . "Official price regulation, which curtailed proflte while prices were rising and prevented the creation of a cushion, to absorb the losses while prices were falling, is held largely responsible for the dissipation olL. capital. Heavy taxation, of course, had a similar effect. Nevertheless, the leading business concerns of the country had been building up reserves for years In conservative fashion, and tbe proportion of important houses that have failed or been seriously embarrassed has been smaller, than in any Unfairness Condemned. previous crisis approaching this one In True to the admonition laid down by gravity. This Is a very reassuring circumstance and promises well for recov- our code of ethics, the committee la adery. vocating the highest type of honor and W Integrity among those dealing In farm lands, and striving to weed out and punMEXICO STABILIZING. MEXICO CITY. Feb. S. Issuance of the ish all those who may be found guilty of unfair, dishonest or unscrupulous methdecree permitting banks suppressed dur- ods. ing th Carransa administration to re"In consultation with the farm land sume business, made public on ThursDr. Charlea A. Lory,' president day night by President Obregon, is con-to committee. of the Colorado Htate Agricultural colsidered In financial circles of this city out that tne balance behas lege, pointed be the first- step mads by the .president tween and city must be main- -, to stabilise banking conditions In the re- talned country our If la to endure on a nation public. A comprehensive banking project sound economic basts. He contends that which will be submitted to the special the United States can be made practicalsession- of congress next week, has been If W will so protect ly prepared by the government. One of the agriculture that It can hold Us best men bills would call for the establishment of the country just aa atfrom six to eight regional banks for the by makingandIlfs in aa remunerative as life just Issuance of paper money, which Would be tractive In th cities. under government control. to make life In the "In endeavoring The value of the outstanding paper as pleasant and profitable as life money which was Issued by the various country In th city, we will all agree, 1 am aura, banks affected night's decree is estimated at upwards of 110.000.-00- 0 other things, better road, - batamong pesos by th financial and Mining ter schools, more modern homes, and Bulletin, the official organ of tha finan- better churches; that better systems of cial Interests here. Of this amount, the Banco Naclonal.de Mexico Issued more marketing and farni credits should he devised, and that a higher labor Income than 63,600.000 pesos, the Bank of London should be returned to the farmer and tba and Mexico over Zf.000.000 and the Orien- members of his family. tal de Mexico more than 31,000,000. There is Utile prospect that alt these Basic Is banks will taka advantage of the decree. Industry. It la declared, but It la considered certain we must not lose sight of the next few days will see the Banco the"Meanwhile, fact that agriculture is the basic Nacional, the Occidental, the Mercantile wealth and Industry In many of our states de Vera Crus, the Mercantile de Mon- and that the farmers are the best paterey and the state banks of Nuevo Leon, trons of our business men As Dr. Lory Tabasco, Guerrero, Sonora, Hidalgo. Za- points out,' manufacturing establishcatecas and Mexico open their doors. ments will grow only as the purchasing InSecretary of. tha Treasury de iu Huerta power of the surrounding country announced yesterday that the various creases, and this purchasing power. In banks affected by Thursday nights de- manr states, rests largely on agriculture. cree held government obligations totaling "Members of tha farm land committee 66.000,000 pesos. He asserted all these have been very active In forming new obligations would be redeemed partly In county and state realty boards, hoping In gold and partly in government notes. that way to reach a large number of w farm land dealers In unorganised terriRAILS AND INDUSTRIALS. tory, so that thev may become organised. (As reported by J. A. Hogle A Co.) Twenty Industrials, 74 74; up .40. Twenty railroads, 74 66; up .66. Dun and Bradstreet report 300 commercial failures in th United Slates this week, against 380 last week and 133 last year. - food-stulf- v - - CLEARING HOUSE REPORT. f 1 032.364 76 Saturdays clearings 2.322.711 91 Sams day last year W eeks clearings 13,419,234.23 Same week last year.. 19,061.179.63 a a TAX RETURNS MADE. The annual returns of two companies Statewere filed jeoterday with the state New board of equalisation. These were the Pullman company of Illinois and tha on . Sheds American Fuel company of Utah. The report of . tha. Pullman company shows that it had on January 1 within ths the state of Utah property valued at 6(10,-83Most of this la Included In the car of the company operating on different roads through this state, the amount to be credited to each state being decided By ALEXANDER DANA NOYES. by the mileage and number of cars on Standard sleeping cars In th stats are valued at 63T9.84U and tourist Tha resleepers are value at 383.366. NEW YORK, Feu. 6. Th New York mainder of tha property ts made up In Federal Reserve bank's statement today equipment, furnishings and supplies. The Amorktn Fuel company seta forth threw aome light on the week- tightenthat It has property In Grand county ing of money rates The bank's reaerv valued at 630,321. ratio declined from 18 3 per cent to '33.1; WWW INCORPORATION ARTICLE PILED. It la now the same as a fortlnght ago and Articles of incorporation were filed with otherwise the lowest slnr the beginning thn secretary of state yesterday by the of .December. The past weeks deirease Warm Springs Service Station company. W. K. White, president, W. A. White, did not result, as did that of tha three or Ue president, and G, I. 1apworth, sec- four preceding weeks, from reduction of retary and treasurer, are named a th cash reserves; that account Increased officers of the rompanv. Th capital last week. But rediscount were stock la placed at 610, OuO, divided Into shares of 610 each. enlarged by 625.300,000; they ar no Th Jordan Investment company, of 6107.000,000 greater than In the middle of which Edward E. Jenkins la president, January and th largest since Deceni- filed article of Incorporation yesterday with Clarence Cowan, county clerk. Th Thl reflect very? evidently the demands company Is capitalised for 626,000. Those on New York banks for credit by the names on whose tha Incorporation west and south which have driven New appear papers In addition to Mr. Jenkins, are York banK to th federal reaerv. A lees Edward M. Ashton, vice president; 43. H. Intelligible change f or the week Is the InCharles W crease of 68.700,000 In th New York reCarlqulit. aei Gthhe, assistant secretary, and Htells M. serve bank's note circulation, ths first exdirector! , Mellen, pansion aim Christmas week. (It la a WWW curious economic fact that th same check COLUMBIA TRUST WIN. to the reduction of note circulation which The Columbia Truat company yesterday has prevailed since January began oc-a recoered a Judgment of 8071 68 from curred last week at Igmdon and Jarle the Fidelity A Deixwlt company of Mary- well as st New York. land in the United States dlstrkt court Todsy's buxines on the stock exchange Ths suit was for payment on a promis- waa not large, but there waa noticeable of pressure and repurchases by A Deabsence not on which th Fidelity sory further the speculative fraternity cauaed posit company wan surety, fractional recoveries, which In a few more. or rsn a to Comparison stocks point PLAY TO BE PRESENTED, with the closof KAYSVILLB, Feb. 6. Tha Davta coun-t- v ing of a week ago price show a decline for high echool students will present th week In practically all the market, the Me, Xantlppe." at the with losses In tha Important sto ks rangplav. "Believe Kavaville opera house next Wednesday ing from 1 to I points The bond market afternoon and evening Those In tlie raet also ended week, at g rule, with net re Afton Arhiickle. Adrien Hesi Rubv decline andthesome of them ar consideraHolhrook, Aldeen Jarohe Heber Rrlmlev, Is also a fair proportion of but there Malcolm ble, Clauds iChlnmen, Ben Holhrook, d oners. . t ''Mi'i'Vt't Prt! FEES Main" t 4 $ark retary-treasur- our prices have not raised. Silver fillings are still $1 and painless extraction 60c. Call today and have your teeth examined and get a free estimate. Ifi tf HE following address made recently bv B. F. Taylor, president of th of Real Association Nstlonal Estate Boards coers generally " the problems how facing the; country ip Its efforts to divert population back to agricultural production and awayf rom the cities. Mr, Taylor surprising tendencies revealed. In the United States census for 1920 Impel the American people to devote more necesserious thought to the imporat-vsity of bitiigmg alioiit conditions which will tend to checkmate th drift of population from the country to the cities sod towns. "After extending westward aa far as center of populaBloomington, lnd.,-lhtion of the United States for the first time in history turned back eastward during the past decade. Furthermore, also for tha first time on record, the urban population has passed the rural, and we are further startled by the fact that American cities are now Increasing In times as population seven and fast as the country districts. each-road- .. Utahs Finest Dental Offices Work-Lo- National City Organization . York Reserve ment Light Market Tightness of Come Here v j 'I' atyfofj, WhJ-,he- T4psf i TO BE GIVEN. KAT8VILLR. Feb. I A program will let given In the Kayellle tabernacle next hundav eenlng under the direction of (he Mutual Improvement aseoclallons. PROGRAM In'. of ,1t,b,,(l, commodities durtrtg1 3amiarty.' tie s'VhWh1 liondon K.nnomlst th monthly by "index Number." published todsv. was 616 per cent; the decline, since the high mark of th period was reached last April, has been 124 per cent. This Is unquestiona esilgV.rrhBxpT'sf' r" J A Jr r r - A TW, f I - j , 4 a- - -'- W' - I bv- ijte work of the fiatlonaf Association god Contribute their share UT service, especially .lrt th development and deposit of 6000. or thereabout. mu have been on deposit for th same period, and U4e- - house and land to cost not less than 68000. The money on deposit -- I to be Used to purchase the lot, start th houad, or bpthv. Tha location must be subject to the bank's approx aleand all house to sewera.- " All applicants tmi?6s9 American outsells, or at least, 'have thefr first papers to become such. I lit ' . 'A' J. - profit Nr FOR SALE ob TRADE hare Is on of tho market offers to tha con-nect- ntjtt sttractiv home-buya- tha nd genuine bargain . r. Located In fine neighborhood, southeast. Six rooms with all built in features downstair, and one large room upstairs suitob e for Furnace heat. Corner lot with garage. Wid accept dancing automobile or other property on trade. Money Is Available. $34006800 Down S - room bungalow, brlcked- In Bleeping porch. Near 9th South and All 11th East. " For bui.dlng purposes, th Holyoke lf million National bank will use doilais. After the bouse la completed and to wILI effort make an approved, th bank get the owner a saving bank loan for 60 per cent of th actual coat of ths house and lot. The difference between loan and the cost of the the savings-ban- k property, leas tha amount of th owners money used, the Holyoke National will carry for 6 per cent, payments to b made weekly or monthly, as may Be arranged, " On th basis of a single house at 65000, the process will be as follows; The will have 61000 of hie own money that he will pay to tha builder to start the house. This Insures his good Intentions to go through with th deal. The hank will advance the remaining 64000 to the builder aa a construction loan to complete the house. When the house Is finished a savings bank loan of 02ouO In addition, there will will be negotiated. be. the original Investment of 61004 by the owner, making a total of 63600. Then the Holyoke National will hava an Interest, always through th builder, of 61600 In the property to be paid off In weekly or monthly payments. " The bank officials expect a total ing vestment of 11,260.000 In operations If depositors take full advantage of their offer. This is divided In three ways. First, will be the 6360.000 of s, of which 61000 will be the dwelling and required for a 62000 for a house. Then will settlement of farm lands and tha rehabilitation of the rural sections. When tha morning conference - for farm land realtors la called to order at the Chicago convention next July, let us at least 1000 farm land dealers hope that will be- - In attendance and that the deliberations may result in constructive accomplishments. in keeping with the splendid program now carried fofward by the farm land committee. built-i- n features. Lot 40x160 AU j aid, r $500 Down mo lern brick home, located north- -' east, on C street. AU rooms newly papered. New electric fixtures. Two fine, bedrooms. Good lot, curb and and gutter, sewer sidewalk in and paid for. $4300 brick one-ha- home-own- w I A v ,;- vyy u 'T Legislation to Insure Better Horrte and Economic Conditions Are. A&ong JF?ein4ies r Situation Gcneral Businei - Suggested,. , of Countiy lnproves", Says E When You' . - v . ; aMMMMMSsMaJsMSB - WWW cl 6f 1921. 63500-On- ly house, 3rd South East. , llth and Lot 3x14 rods. Large rooms, arconveniently ranged. Bath, gas, and electric lights basement. good This home must be sold this week. reasonable Any terms accepted. . RICHEY & CO. er .8 Clift -Bldg. . home-buildin- . Want a Farm? home-owner- one-fami- ly two-faml- iy HEBES ONE FOB SALE farm in Holliday, offered yon for sale at a reasonable price. Has n beautiful bungasleeping porch, conlow, cobble rock finish, 10x32-oo- t first-class barn. and niee water a crete fruit cellar; right L Some fruit trees and eleven acres in alfalfa. Also two- room adobe house on place. Loan System Explained. "Much has been said about ths Holyoke National bank method of financing brief summary of tha homes. Below la plan followed by this bank, which Is taken from Its own circular; " Tha bank will make a construction loan to any approved builder, for any family In Holyoke, South Hadley Falla, Chicopee, Chicopee Falla or Wllllmansett, who has 610UU on deposit in Its savings the six months preceding department for build. the decision to " The lot must not he less In size than 60x120 feet or 60x100 feet. This will glv plenty of room for a garden. Th house and land must cost not leas than 16000 with all necessary modern Improvements " If a house Is desired, a come 600,000 of Holyoke National money, 6600.000 of savings bank money as finally represented by first mortgages.' A e for a country home won-derful- ly Call Hyland 698 - a IT, two-fami- ly REAL ESTATE FIRM LEASES NEW OFFICE D. Barns, real estate dealer, with offices in th Boston building, has leased offlre two doors north the ground-floo- r of the Postoffice at 336 South Vain street. An Increasing business makes this move necessary, Mr. Barnes stated. Th firm handles a real estate bualnoas. consisting of hotels, business opportunities, homes, apartment houses, farms and ranches. Mr. Barnes expacta to bo ready for business In ,the new location Monday morning. Among tha larger farm deals of th past, month, he reports the aal by 3. T. Gerrard, manager of th farm departranch near Oakley, ment, of a Idaho, for W. E. O. Ellerby. the buyer being James C. Overson. Mr. Overson turned over aa part payment some prop erty near Salt Lake city. Th transaction Involved 6131.000. 1000-ac- ANALGESIQUE ; re bly the most rajitd decline In any such short Interval as aver occurred In English commercial history; the same exceptional position In our own history has been achieved by the 89 per rent decline in American prices between last February and the end of 1920, aa lately figured out by Bradstreet, and even by th somewhat smaller decrease of 29 per cent between last May and the opening of this month, as reckoned by Dun through a somewhat different method. The latest similar compilations for other countries show such decreases from last years high level as cent In Sweden, 26j in Franc and 36 In Japan. It la often asked why this world-wid- e decline In prices should on this occasion hav broken all precedent for after-wreadjustment. Tne question 1s easy to answer. Never before In history waa credit used on such a seals aa In 1919 to put up prices whan th economto movement should normally havo been downward. What has been happening line th spring of 1920 la ths canceling of tho unwarranted marking up of tho same prices In 1919. But reaction under such conditions was bound to go further than mere return to the price of armistice week. Our own average Is now the lowest line the middle of 1916, and even England's Is less thin In any month since May of 1917. a year and a half before the peace What this year markets will determine la whether thie fall to th early wartime level la due to th temporary momentum of th violent reaction from the artificial prices of 1919, or represents s decline which should logically haveooms when the armistice wss signed. jn )yfewtr V7 ;ja a t f I er ar ' rnT. reetlsnee TOUT METAL NEW YORK. Feb, I ad he very Hulled volume dull of sew bexleev live prtrex aa eealee audertnae. Wkll qao-t- ! lew feaerally remila uarbaaged, nw of tke todepenitrxt mill hv abowa dlapuellkia shade values la order la effect haw demaad for the flalahad product latale, alow, ocraalooally aom fair also order hare bee plar-- d. POST PLANS MUSICALS. Feb. 6. An elaborate musical program will be given by tha Layton of American the Legion next Monday post to evening In Latonia halt. In addition of Miss local talent. Lydia Fonneabeck tho L. D. B. U Professor Nelson and hla Hawaiian entertainers and Professor A. C. Lund, all.of Balt Lake. wlU participate. nDYKAL KESEBTI 8T A TIME FT. WAHiHMITON. fb. 6 Kraourras aad of th twalra fadaral raoarv banks at th ckia of bualnaaa Friday, fabmary 4, waa raporiad toalgbt by tk fadaral raoarv board follow: KKSOlTRCKtL Ool4 Gold nd wn Gold (old $ ftrtlflriw..... federal ro fund board with foreign graclri Total gold hHd b f bank. Gold wllh federal rtwrf WH.V242 990 1,274 747 151.955.099 grt fuad. ......... Gold Tot! NrapUe gold rrarvti tr. tlrar not, Legal trader Total frrrrra Bill dlarooated rrurrd abllfatloa 195.700,909 4S2.192.900 5 900,000 .$2,111 547.9HO 214.180.000 fSaKfcUrT.OOO by L rraramrat 0. 1917,15.1.090 ,1.418121.000 197,815.000 bought la opra raarktt... hand $2 4XX ftOl.OuO Total bill 25,840 ono T7. 8 goToraarat bead 19,000 t 8, Victory notr lodrbtrdof 8. rrtlflctra l Bill Is pig I roe. the falllug off f (00.000 lone 239 970.000 is Jeeuary product km lad Ice tee the lack' of bualaeea. ted the market 4s easy, wltk a Bag .... $2,889 729 000 Total raralng Slag tesdeacy. ,244. OUO I opper bee heea eslet, bet aegotlatkiaa are Ra nli prrail llama and nthrr do aatd te be seder way fy which 4110 (an Out) I arallertad .. 597.980,000 d pw from loo gwe duct a fMniwda. ar about of the amsuat oa fuad hand, may he temporarily withdraws from the Flvt pet era! Nttwiitkfl frdrral rranrv bank ffstiet frocral available aapply hy th topper Export notr IJ7 HfMltoO aaanriatkm. presumably aa as exportable 105.4X10 Plana for flnaarlaf this deal are halo AU othov rrauurrra -dleruaerd with e ayadhala of ha a a re. Mean.. .. 053,000 $3.819 rraourra Total time the market I airady la alweaee nf sell inf LIABILITIES. pressure lasuary eiport sale are estimated Capitol paid to $ 100228000 t 40 000 nua panada aid dumestle trade ap " 3W (Uirpltt pmalnuitely M 000.000 50.878 08) drpoalt Tla remalaa easy, wltk price off a hast I (kiwnuneit to armben, rrarrra account 1.74'J M2 ffuo t reals. 423,848,000 pforrwd nvollabIHtr Ittmi .... lewd ehewa ( deellalaf teadsary. reflectlnf including forvlgn lafnaot trade eoudltlaae a ad wash ocas Is Other drponHa,crMU 25.340.000 gorarnmont Loudon. Ike Ion e notation ira.sew clooa ts tbnoa of th big producer. 0U0 248.011 $3 Total grora trpaiti Klee enollhura dull In nutr artnal fr4rnl Antimony I uarhaofvS. 8,075.750 000 Hmilattoa rrrr CONFERENCE SCHEDULED. Special t The Tribes. JYaVlfVrilsl6. v rvti T.Vol'HlV onfrrni,c pc- - (ir NprtW T ore!' Ftakk Mlf 0 held In th Kayevllle tabernacle Saturday ant) Kunday, February 11 and 11. Meatlngs will he held Haturday at 11 30 and 1 p. m. and on Bunday at st 19 a. m., 1 p. m, and 7 p. m. . Rheumatism LAYTON. In rrafTT bfk wfttra Rpt HsbHit jr oi tor UnptlUl fotoral All f.V .vtiwhLuew' tun 4t ai4 frdtral rvrarra per roll. 'uTL ttaM-tm- sot . 187 210 OnO 30ftl0i) v, f'" ,' to 'nrt eh and JtobllMIe rvnibtnod, 40 I ' , lUtto of gold rrararra t frdral rwrre noto id $4 pr cnt rtmjtattua after attlng agatoat not dpelt ItabiltU, 59 8 pr crat. In Rtmarknbl Horn Tmatmnnt Glvnn by On Who Had It ! tha yrar of 189$ I waa attaekod by 1 Mnamiar and 8ubAruta Khoumattam. aa only thoa wbo ar thus af uffrd tbrra year. I triad flirted know for A rr a I rmdy aftr romrdy. bat aurb relief obtained waa oaly temporary, finally. I that eared me comfound a trratmemt pletely and aucb 1 a pitiful condition baa aoeer returned. hat given U to a Bum ber wbo were terribly a t flirted, evra bed aome of them aerenty to eighty rtddra, year old, aad the reaulta were tha name a la my own I want every attfferer from any form of mnacolar and towelling at the Jotatai rheumatimn. to try the great Talar Home for ita Treatment of my improved Dont arad a remarkabta brailng power. name aad addreaa, rent; simply mall your aad ! will aend It free te try. Aftrr you hare nerd It. and It baa proven llerlf to be that tong looked f r meant of getting rid of aoek forma of rbeumattam. yon may tend the price of It, One I hollar, but nnderataad I do not want your money ttnleaa you are perfectly aatlafled to aend It. iwtt that fair? Why auffer any longer, when relief ou fret? la thua offered Dont delay. Writ today. Mark 11. Jakaon. 885-Duratoa Bldg., Sjracnar. N. A bora state(Mr. Jackaoa la reapooalbl. ment true.) fa. BANKRUPTCY. Trutteaa 8t9. BY ORDER OF KEFKREE IV BANK-niptc- y am author lied to recelva nenled tilfl on the property ami a aae t a bf tha Dynovtm Mf Co bankrupt. All of tha machinery (lathea, drill prenaet, motor, power punch, ate ), equip office furstork mid and nunplicn, merit, niture, together with three patent! aa 1 follow: I'atent on Dynovim (an AutomobUa magneto chnfger ) on Dual Iatent Cap. Intent on Tnlt Connection. AH hlda will be opened at 10 a, m February Ik, 1921, And tho above ntemimtod property will b aoid to htoheat bidder. IWiperty mv bp !npeMet and bide rf- - toll leak! 4wUk lir , w ALKliR Trust y72' TRTBlKE WANT AD8 OE!T HEhULTB |