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Show THE SALT LAKE TRIBUNE, TUESDAY MORNING, FEBRUARY 15, 1921. 13 Circle Cliff Organization to Improvement in Position of Take Over Leasing Permit New York Banks Another Granted to ML Feature of Finance World J.Gothberg In corporation art tele, were Ule4 yeater day with th county clerk try th CSrols Cliffs OB company, which is to have ta capita) stock, ot a. par raluo of shara R-P- ovr - NEW take Oil company. Italy thousand shares of the stock are paid up, aooordlng to the articles, and W.W will remain in the treasury. In JJte articles, the purpoeee of the corpora-1,?n,kt forth to include a general ou rs drilling, producing, transporting, and selling business. TM Goth berg prospecting permit is located aa a part of township it south, tauf I east. Mr. Gothberg. whose residence, In the er tides. Is given ae Casper, h president of the and holds 100.000 shares; H. corporation M.' Hsrnar of KDes Moines, Iowa, la first vice president and holds 100,000 sharaa; A. J. Harden-do- rf of Camper Is seoond vice president , end bolds 10,000 shares; C. Swartz f Ssit Lake Is secretary-treasure-George r, with 8000 shares. Other incorporators and the amount ed stock they hold are aa follows: Edward Meant. Ida Grove, Iowa, Williams, Los Angeles, 60,000; V. I Arnold, Salt Lake, 8000; . Rich of Salt Lake, 000 shares. and. H. A. It is understood that the company will undertake active drilling operations to the near future and has made extensive Plans for the undertaking. A number of tnd men Identified with tne coitijAgy have had considerable oil expert cnee to other ng JfJi - . . , ban ntAvoisoo As Hi ported by mn stocks, I. A Bogle ' I to Ce. ' district Goldfield Pcstk ' Bins Bel) Combine ttoa Fractioa ??!!?, Coe. Goldfield KVtOt Jvmb e Loo ........ of strong producing corporations guarantees the new securities In the caee of cotton, there are only the farmers and their banka, a situation which eves with the plan formulated In 1914 for relief of the cotton trade with eotton at 8 cents in the 'war conpaDto, resulted under the ditions In the actual leading of only $28,-0out of the $136,000,004 conditionally pledged. Cotton will find Its earn way out of the present trade dilemma, as ft did after 1914 Todays census' bureau figures on the January consumption indicated bow that may happen; for while exports decreased substantially from the December total, the purchases by heme spinners increased T1.400 bales, the first Interruption since last June to contraction to the home demand. Both sterling and French exchange had advanced In the London market above Friday's New Tork closings before todays Wall street exchange market reopened. A farther rise during the day carried sterling to $3.8884. The highest pravtous rate In 192) was the $3 89 of January 27, and today's quotation had not seen reached by the market for exchanga on London since the )6th of last July, when the reparations conference was to session a- . . . Bpa. eeiMgg .... d Whits Ceps . .. Ovssdfss Spearhead Geld Cei Mountain CrsckerjseS Greet Bend Bad Bills A L CnsestoeksdlstrieW . Virginia A Uexleaa Ignwe....,, ei fessMsssetetee Dpbir bee tesMeitaeVeeieeie ee ss tt i. ............... owe See Sierra Nevada Calm district Toaopah Cash Bor..., Jim Butler ................... .... . Bldwar Mob Pitta Ext MacNamara ,. North Star Besees Enls Toaopah Extesfrise West Bad Other districts Nevada HUH Boesd Mountain W'eot , f ? ' CHANGE FROM RECENT TREND j Check 'Speculative Public; Favorite Shares Advance Closing Hour oil Exchange. Mi. e from a NEW. TOHK, Fab. general strengthening of tho banking position, as indicated by returns to th federal reserve board, the wpek in th stock market opened with so vlslbl change from recent dull and uncertain condl-tlon- a do 2nd to do 1st d!4S ' do - , Ird 414 44 M6t4t4$tcal ... do SALT .LAKE THEATRE FW TOEK ITOCK UBT. Ml Clee. 6elefc High how Co.)- 2nd 4140 do 4th Vlciory 494 Adverse arid Uncertain Conditions Continue to tt , do x I4.f-A)d- OTXRRKEVT R0HD6 Reported by J. A. Ho Is (A CARL R0SINI ft CO. Worlds Greatest ZUoalonlsts Th Tonight at 8:30., H I i i THE MU8ICAL ARTE 80CETY I I J PttMfttt GLORIA JOY ftlQO Little Queen of Movieland IRENE TREVETTE Th ItslUn Nightingale ZARA CARMEN TRIO j Th i KATHLEEN jl other development Mott were much of th same general character as those dur tog the last two months. The adverse transportation situation was attested by a further decrease of railway tonnage, there being more idle freight Car oa th principal roads, according to authoritative statements, than at any period In the last decade. Improvement to grain prices created s mere cheerful sentiment at western and southwestern agricultural centers but this was again offset or largely neutralised by wage reductions, suspended dividend and evidence of diminishing investment de mend. There was little hi 'the stock market to call for special comment until the final hour, when shorts rushed to cover aa buying orders appeared in the usual favorites Mexican Petroleum, Baldwin Locomotive, Studebaker and Atlantic Guff, at net gains of 2 to A points, contributed mainly to th strong close. United States Steel alee was conspicuous, galea, 600,000 shares. In the money market all call loan held at T per cent on the exchange, but eased fully I cent to private offerings British and other leading foreign remittance were better, except Scandinavian rates Liberty bonds were irregular, th 2V4 displaying further heaviness. Most ether domestlo and foreign issue were without definite trend on a moderate turnover. Total sales, par value, $12. 850,000. PARLOW 4J -- 1. The Clrver Originators LA PINE AND EMORY Tha Little "What Koto" of Vaudeville JOSEPH R. WAYNE Gcoatoot Living Woman Violinist EOo t $E.0D Flu Tax, j Frloss The Pantoges Organ Wizard AND I STARTING THURSDAY 3 DAYS JAMBS OLIVES CUBWOODS MATINEE SATURDAY th Bst-Acte-d 86 Yaargl JOHN ' Coirvody In s mmi GOLDEN n nttirmttr? UtmtMtf Awzy'7tdw tMHumrvmn. , ... .f. ..... . .... ....' ..., BTABDABD OIL STOCKS. I As B -- ported hr J. A. 4og!e A Co.) The long 'decline which followed had other causes than the failure of the European premiers to fix a workable plan for the German payments, and the present recovery has other causes than expectation of a practical! settlement to th coming London conference. Nevertheless, to th background th chances for or against that settlement are always tha paramount consideration of the international market. On th whole, th weekly federal reserve statements indicate definite progress In the direction of easier money. The la very gradual, however. Last change weeks increase of 1 cent In the reserve percentage of the per New Tork federal bank is a considerable gain; It brings the ratio, for the first time In 1921, above that of a year agd; but th 1984 per cent reported la still below the best January percentage, which was 4094. More unmistakable as reflecting the general trend the further rise of the average reserve ratio for tha entire system. At the end of last week It stood at 4994 per cent, the highest In sixteen months, a week before and comparing with 49 4694 st the end of December, Every successive week since December 23 has advanced this percentage, whereas It declined continuously after the middle of January, 1920. Last week's reduction to total rediscounts makes a total reduction of $421,000,000 since November 8, while the further curtailment ef outstanding note circulation brings that portion of our currency $364,000,000 below th high mark of Christmas week. ' During the corresponding period a year ago, the reduction was only $ng,ooo,ooL Th week-en- d statement of British "currency notes shows the same tendency to reduction of outstanding currency aa is vlslbl In this country; a reduction since the closing weeka ofsteady December has In seven week brought down the total 29.000.000, er I per cent This was not much greater, however, than th reduction which occurred In the same weeks a year ago, and last year a movement of expansion began again at the end of February, carrying the outstanding paper to a new high level Hut th same thing happened to 1920 with our federal reserve note circulation, a fact which will lend considerable Interest to the movement ef th two eurrenole during th next few $1.87; Cars Gate May. I ha No. I $1.65. yellow, 870 Vie. white, 69 30. Barley, 48067a Byw Na X $1.4001 46. yis-- Na 1, 81.6)1401. 8414. s - COTTON. ' weeks, NEW TfiBK, Neb. 14. Petto future spened May, 1680c; Jely, steady; March, 14.17c; Octeber, 14 68c; December. 1482c. Cettoa futures cloeed steady; March, 13 48c; Mar, 1680e; July, 1426c; October, 1462e; December, 1468a Cottoa spot, quiet ; middling, IS TBa Onttea cloeed quiet and steady, at a set decline ef 8 to 23 potnta 18 She; JTXW T0BK 0TOB CLOSE XUKES AD' collected $10Q for the Seville Merc. Co. of Millcreek. . Turn in your claims and we will collect some money for you. STROKS COflEW TBUMP FaRlvly Origin! Cast With Prices: Nlghts-12.- 69. Sat. Mat $3.00, M. T. A. EJersn Booms Continental National Bank Bldg. Salt Lake City, tftah Son Bsopls Dont Like U DRS. 8H0RZ3 A SHOWS THU RELIABLE SPECIALISTS for MEN AND WOMEN J24 Mala It alt Laka j Advlos - J .Ux it. V Selfhood, Skin, Hour frta sr writs. 'speelsllnts In i ' St iwl MdlM'1 k- - U- .4 iCatarrhal Dtaereora, toot Heart, Stomach, Kidney, Tall 82. $1 $0, $1, $1.10, $L90. . Bhstimstiam W t 6, and sU t it It tun ehranlt 10 1 16 JTEW TORS FRODVOK. NEW TORK, Fab. 14 Butter, firmer; creamery, higher then extra. 4l404gc; creamary extras, 4&e meamery firsts, 90144. Eggs, uaetttihd; fresh gathered extra firsts, die; froth ga tire rad ftrats, 4014042a. Cheese, steady; etate whole milk flats, held specials, 26029c; stats vVto milk flats, froek specials, 2814028c. westers D raaicd poultry, quiet; ehlckaaa, 042e fowls, tile boles. 10066c; d barrels, to 40c; rooster. 94028c; turkeys, 84082c. Lira poultry, qslnt; broiler, 40r; chickens 12c; fowls, 6e; aid roosters, 22c; tarkeya, 48c. SO. HACKET ft D ELMAR Present their new offering, "Th Dane Shop. with a bevy of beautiful salesgirl Marl Entrlla Hadden, Cavanaugh, Helen Warren, Edith May Cap 00TT0K KITITAL INDICATED. set-to- s WASHINGTON, Feb. 14 Revival ef the foe soma manufacturing tsduetry, wkieh to Indicated la months had been aa the docllns, the January cottoa ccaasmpttoa report, taauad There wan aa today by the eeasso bureau. toeraaao of 71, 41 9 bales to eonesmpttoa ef list eotton dsrtog January, an ooaspsred with D Coorampttoa daring the rix months toended th January 61 wsa 800.00 bale Its than6888.866 mum period tost year, tha total being Conenmpt)e- - la January la it year amooatad ta 691,021 bale ef Uat tad 97.24 Sf Halers. Cot tea an hand January 81 to eeeeumtof amoented to 1,278,067 balee sf hat and 231,676 of Hotera, compared with 1.966-12- 4 ago. of Uat and 976.846 ot listen a year held-toxs and to public etorega and at eompccaaee 834961 end lint ef bales 645.9A8 were I h (HOAR KARRET. N1Y TORE. Feb. 14 Tho raw ouger market was excited today and prices adeemed rVMFOBATXD ntUTTS. report from t aba that th quite sharp! y ead bvt apioteted is ban lie the Tr Nr'W commute It I.,, j xrtilr. faUtoniiaa OHutHei marUtinf Sf th vftrp ae teams that a mint folt fail 18W prunea, quirt; ratlfernlss, 40 mum price of 6 was to be filed, Cuba 4HC anal 1 7 Mi 1 flrefona. Shrilllc. Aprlrota, dull, week there were tales ef'sale of at Saa Domtngo today SSe; aalra frolobt. Early ehiOrs, rhelra 97c: (eery, 84c, ead coat and freight, and at Paachee, Sail; atasdari. 14c; ebeic. IHr ; fmacr,' were reported al Sold at Bless Forts af 06 11 IU',1 11 u,. aloes Balatsa, begs tea4y loose aaacalela, tbs 84t44t4s: elides tt ttaqy aassd4 8446C) g ice fat aaaUrtfagaL Thar wars a galas af ' Cuban, 4e johnsW0R Tmreraonatora SS FED. f Mating 21-2- Whlniton 2 TlpbM dtlitvDrvr SYMPHONY OEHESTHA. SQUAW MAN 88 A Frio! SO Faopl Matin Hit earl Frwduotlsa Next Wek Fatar 0. Kyn Famu CAFFV BICKI Evening SI Mall Order Story $1 to Nowf. An S3, Flu Luf Maru Sal Open Best Comedy Human Humorou Delightful EDUCATIONAL COMEDY THe SIMP" G . El M -s- Th Overseas Revue Twnty Vaudevlll mtly (Iria Fpik moat pratantloua scL nd TOM MOORS "MOLD Y0UH H0m3M Kiddie 10 Matinees tOt witdaya, EvonlpsR Holiday, 80 "WHY FAY MOKET" y "Patronage - , NOW FLAYING Reward ef th'' liar It" ENDING FRIDAY NOT GUILTY WITH SYLVIA BREAMER and RICHARD DIX Evn Finer Than It Was a a Book, and HAROLD MacGRATH Wrote th Story EDUCATIONAL COMEDY "STRIKING MODELS" In Fictur BROADWAY Tw Gladys Walton ALL WEEK MULES OOROEOUS CECIL B. D PRODUCTION FLAYING FRUIT' hMdlnmf by v Path Review Cordon Bretland, Organist Wd. FORBIDDEN VAUDEVILLE - - v NINETEEN AND PHYLLIS Ray Tax. or NOW FLAVINS SUPER-MASTE- IN KEW SHOW TOMORROW NOW OF PICTURES' HOME to 04; Boxes, $3. oBwao toKTmN TH CHARLES RAY rr asino 'ti Aihrt BROTHERS TODAY AND TOMORROW 4ktr ItruTOktmht, Igrulcn iorgmwiHou amt a. Ralph Cloninger V & Company Th Favorite Bariton ot tb AMERICAN jha Incomparable BgSSE Was. TONIGHT AND ALL WEEK MATJNEEE , Tuna- - Thurs. and Eat t:M 9. nv GEORGE MAC FARLANE EVES WED. TO SUN.. INCL., 8&0 TO MATS. THURS TO SUN., INCLx 1C TO Birthday Jmot ' I KIRKS MITH, SISTERS In BALLET 899 4tt Houthem Nrgr LANE A HARPER BREAKAWAY BARLOWS , Th Season a Great! Triumph of Beauty and Cator and Reman With AGNES AYRES KATHLVN WILLIAMS THEODORE ROBERTS FOREST STANLEY THEODORE KOSLOFF JULIA TAYE CLARENCE BURTON AND MANY OTHERS aattlno that ur. Beauty In atag Base anything aver before tflown n th eoreenl t It a Long Sheer, Cem Early Mor Day Only TOM MIX In 41 Latest Western Thriller of Darodsvlltry and Romance THE TERROR Coming Thursday Eileen Percy In ' "Th Husband Hunter" Rich Girl, . Poor Girl Last Times Tonight K The Sin That Was His 'NOTICE. " Produce C. bag sold Bangerier Bros WtU not b ra)unail)i to H. Jeiing. 3398 for back debts. 1 4 amt WFKK3 AND WALKER JOHNSON, BAKER A JOHNSON COMING . V sf6 a i nt VAUDCY7LLE BEGINNING TOMORROW EVENING 80. Demands for seats have been exceedingly heavy. Patrons ar advised to aecur reaervatlong early. 661 !. ti ?ieunv Ctoidafc the 9H Birr ' NOTE conn FRANCIS G. LUKE, Li T mwm ot lintera, compared with 678,829 ef lint and 824966 at Untera. Cottoa Imported daring January amoautod to 24 024 bales, empersd frith 10448 to Jaaoary Kxprtd amoented1 to gOT.wahatoe.toelodlnr 8246 bale of llnlere. cow pared with 629.611 bale including 7391 balee of Untera. Cottoa eplndlea active during January aam band 1.609,021, compared with 4,T89,87 g year ago, lUKxrr. , KEW TORK.. Feb. 14 Ae opening decline wee followed by a sharp advance la th arirket for coffee futures, owing to mewed rumor of a Bra antes toss, reports ef a sharp edvaare to firm offers and firmer Kto eickaage rales. Thera wars alas rumors that Uarmaur was par vised during log BraiU foe valorisation coffees coffee the wr, sad the covering movement to the etrmlth ot auger. wee probably promoted by d--r Flrat prices were d to 9 pnUts lower, trade selling, wltb scattering liquidation asd March toorhtsg S 19r, e g aew lew reeccd for that daUrery- - Offerings were readily absorbed, hew r, and March to ter sold as to lav, while to 7 06. with th May ad ee need from 647 41 set advance tf II market cleelng at He; May, 7 04c Jaly, points. March. T 9Se; Iterembcr. October, 7.4e: September, 6 20c. Spot coffee, firm; Rio 7a 6M6e; ban to. SlhQlO. VTe t rf f BOXDflr 1- -9 - D mhY LAST CHANCE TODAY DOORS OPEN 12 NOON COME ANY TIME 1 FLAX. OATS AKB BTX MINKSAPPOUB, Feh. 14. Wheat Beeripta, 826 cars, compared with III ears a ye sr age. Cash: No. 1 aorthera, 81 680L72; Merck, bpa libV jM, T ' ' 1- -1 ' fH N V - KAIUOAB t IS0BEL or THE TRAILS END' SEATS NOW ON SALK Fr -- Federal Reserves Improve. Tsno pah, Divide Creeens STOCK MARKET SHOWS LITTLE eon-sequ- , Wedge 04 Wan he tun Coa. Coo br Cottoa Sales Increase. In the oase ef copper, a group Star Silver Pick , YUov Tiger MtaiMttM 4ktrM Bale TORIC- - Feb, 14, Tien favorable influences, each with A hearing on the general b ft nation, made their appearance over the double holiday and were refleeted in todays financial markets. One was the stronger position shown by the New York associated banks, the New Tork federal reserve bank and the reserve ays tem as a whole; the oyier was an ad. vance lnxterHng exchange on the Euro pe&n market while New Tork kept holiday. Neither caused any particular response to the money markets, which, both and at London, began the present week muck as they ctoowi. on Friday; the rate for call Joans in Wall street continuing at T per cent In the stock exchange with transactions1 at 8 outside. They were, not Immediately reflected In the stock market, where the day's business was again entirely dominated by the restless shifting of, position by professional speculators, gome stocks, both In. dustrlal and railway, were weak at the opening tinder sales from that quarter, but the attitude of the speculators was reversed by afternoon with some sharp recoveries In tne mors speculative stocks. An attempt was mads to stimulats the market through reports, which were nothing but conjectures, that the burdensome holdings or cotton and sugar would be financed by sale ef debentures to the public, after the plan of last week's copper trade operation. Nobody took the stories seriously; there to no analogy whatever between the position In those trades and In the copper Industry, except that a large unsold supply has In all three cases bea overhanging. . tho twain permit granted to M. J. Goth-ke- rf tor a section located near the center of the Circle Cliffs structure, land dose by the wll now betng drilled by the Ohio fielde. By ALEXANDER DANA NOYES. Godles 5 -- Men |