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Show FRIDAY MORNING, SEPTEMBER 23, 1021. THE SALT LAKE TRIBUNE TtSt LOWERED REDISCOUNT RATES IS AT PROVE OF BENEFIT TO BULLS . HIGH MARK Well we found --' - First Time in History It Passes Billion Dollars;. Silver Price Advances. SimoL fee By ALEXANDER DANA NOYES.-NEYORK. Sept. U. In A day full a, f - peculiarly intarwatlnc financial of which not tho loaat ImpremrivA woro an extraordinary lncroaaa hi ro Mrva prcntagea In tha federal banka and a notable rise In silver and the Oriental exchange. The trend of our own affaire was Indicated by decline In rates for merehanta' paper to the lowest ex-of the year and recovery on the atook change. At the New York reserve bank, chiefIt ly aa a reault of a hue transfer latothe by other reserve banks of credits tocentral gold fujid at Washington, the tal gold reserve rose $106,000,000, crowmark for the first ding the billion-dolltime In Its history. When along with Its holdings rediscounts. bank's this the sf member bank reserves and Its circuall heavily reduced, lating notes were the rise of the reserve percentage 14from 16 J-- 4 to the remarkable height of waa a natural sequeL In a way, these forced the hand of Koveraents Inmav have Wednesday's reduction ef the rediscount rata In the system as a whole the similar carried the reserve rstlo from changes 67 2 but the outper cent to 68 tha accumustanding prenoraenon was York lation of banking power In the New were not district These statements stock out the until after exchange given had closed. The day had - been marked by general recovery. In which many stocks lately under speoulatlvs pressure recovered 1 to 1 points It was the movement of far eastern rates which attracted attention In today's foreign exchange market. Sterling 1 was 4 notably strong, reaching a rate cents shout Tuesdays lowest, and German marks recovered slightly, but the attention of the market directed Itself with exceptional Interest to tho Oriental exchanges. The' recent steady recovery In rates on India has been accompanied greatby a similar rise In Chinese rates, In turn is ly accentuated today. This. bulIn silver connected with the rise lion, a movement which has been going in for several weeks and which today became extremely rapid. It brought the price to the highest of the year, more than 86 cents an ounce above the low price of last December, and It cams In, striking coincidence with Wednesday's cabled news that India was once more overbidding New York at the weekly London gold sale. The mysterious accuracy with which the succes-In sive reversal of financial movement the Oriental markets since the war haa the general economto foreshadowed trend In their expansion and In their which reaction began in January, great lends 120 Importance to the recovery which haa been under wav with moat Of them since last spring and Is now becoming more or leas spectacular. - . W tnci-dant- ar 1- -6 8-- 4, V- , - . . Against Bitter Opposition at - . T . Times by Bears. NEW YORK, Sept. II Using the lower rediscount rate of the federal reserva bank aa a lever, bullish Interest dominated the stock market today. Thei operations met with a fair measure of suoueaa. although stubbornly opposed at times by the shorts. Early advances of 1 to 8 points among the rails. the usual favorites comprising wees canIndustrials and special Issues, celed at midday by bear drives, but a vigorous rebound at the day's best quotations finish. accompanied the active Mexican Petroleum was tbs pivot around which the day's business mainly revolved. advance and a After registering a IH point decline, the stock closed at a S stocks wore Affiliated of gain points of virtually unchanged, but net advances and 1 to 8t points were made by Baldwin Cruaibls and United States Steels, Reading and Northern Paclfto and Southern Pacific, United States Rubber, Allied Chemical, Famous Players and various other unclassified Isauea Weakness of several secondary specialties, such aa United States Food Products which established a new low record, and further omission of the dividend on American Ajgrlcultural Chemical preferred, directed renewed attention to the doubtful financial status of relatively obscure companies. Sales (75.696 aharea Contrary to expectation, the reduced federal reserve rate exerted no Influence over .the open money market. Time quotations were unaltered and call loans remained fixed at 6 per cent, against yesterdays high and lew ef 6 Vi and 4 per cent. Except the Italian rate, which eased Improvement was slightly, substantial shown fey all Important foreign exchanges. 8 cents waa svsr the week s low, Sterling and Dutch bills and French. Belgian 1 silver's further 10 to Bar points. gained exrise again strengthened Far Eastern rate rising 1 cents. changes, the Shanghai Domestio rails and some prominent Inendustrials and utilities figured in th Liblarged dealings In th bond market addiIssues also mad erty and Victory tional gains, but th foreign division was featureless Tofhl sals (par value) aggregated $16,800,000. . In th vivid action story ' l8slee.lHlsh.ILew.jcio! Th Popular Paramount Star Ethel Clayton . NEW Y0UC STOCK LIST. that's all thrill and just ask anybody who has met Clara Kimball Market Closes Near Top, With Slight Gains Registered; Corn Improved. Cfcira&d L'emdeb Tae 8 ..,so, 674 beta Steel rsf is 81 0 8 L tsf 4a. H 67$ Leather 6s.. Bourse f.nt 6 .. Cbes A Ohio e 6o 844 I MACK? ref 4. 7061 Id) er T3 sot 4s tr Pe 6a... Chll Cop 4s 4 TATI. ..... LONDON, ounce. I US per rent Discount rates, abort bills 4 per months bills per cent. Money, St .LONDON MONET Sspt 22. Bar a liner, 41H4 per 8 44 eot three Jpoxlg' Qfnbm, MICHAEL. Wheat dose was hear the top for the day and gains efj 1 wars registered. Fit traders were oon mittsd to th short side sad when they attempted to cover during the last offerings tight. thirty minutes they found o higher and cats Corn finished war unchanged to Ho Rye higher. dosed unchanged to c tower and barPork closed unchanged, ley unchanged tower and riba unchanged to lard 7oTh higher. whet market waa extremely nervous. Thar waa a better class of buying la evidence. but reactions to lower levels wer frequent during the for part of the session. At tha start eastern houses sold December And northwest interests sold May. Local bull leaders took advantage of the dip to replace and later ther was buying by ex apple, lines Interests. port psasbst, t Gome rovering was noted, but most of ths shorts bad accepted profits on the break yesterday. The bulge brought out selling of May, credited to cotton trader who ware getting out of long wheat, while northwest house had tha December for sale. The bulla wer very much encouraged over the revival in export demand. Ther were 400,000 bushels of wheat worked for export via the gulf overnight and some of the early buying In the' pit was against this business. Later, export houses wer reported giving up futures tor ths cash. Corn exhibited a better tone. At th start prices were easier, May a new tow level on the crop. Areaching leading elevator Interest was credited with buying September and there also waa som buying of th current month for eastern account. Commission houses picked up th deferred month. Gelling was mainly local In character. Receipts continue of goodly volume, the estimate being for $16 cars. strength featured the Independent trad in oata Ther was a good class of 67o SS? 6. 1st. ::8 .. an 6. gales in hnndrods. ETAP0BATED EXUIT. NEW YORK, Sept. 22. Evaporated 4 BomUal; prunes, easier; apricot steady; ratlins, qulst. Makes Beautiful Walls That Can Be Kept Fresh as New ' By Washing With Soap a?td Water " Nothing detracts from the beanty of a home more than soiled walls. Until the days of Flat-cot- e, soiled walls nearly always meant expensive Jng. But since the coming of Flatcote the Squid f?cr, all this has been changed. When Flatcote walls become soiled, washing with mild soap and warm waff r will restore-thei- r original colors not just once, but many times. The economy of such walls appeals strongly to women almost as much so as Flatcotes rich, xvaU velvety finish. Regardless of whether walls or ceilings are plastef, smooth or sand finished, kalsomined, burlap, ordinary wall paper, or metal, an application of Flatcote will change their dinginess to bright, fresh cleanliness and 0 very moderate tost, 24 Beautiful Color and White. uisk for it by its full name McMurtry Flatcote Recommended by Good Painters Everywhere t For Side by Leading Dealers I Mmfitrd ty TteMcMURTRYMFG.Ca Paint and Varntth Maker 1535 Arapahoe Street IN J '1 STRAIGHT FROM PARIS .V ' u 8k ' SPRINGTIME FRIVOLITIES ,d oa MASON 4 BAILEY W m 94 t TVh 7 ' HARM0NYLAND 0 a Oft A DAVID 6APIR8TEIN FOUR LAMT BROTHERS E3 rathe New Aesop's Pablo Topic of Day RAY-O-I.- Il rfi Evenings Vied. to Sun. Inc. !5Mo ft ti GREAT? - TATE Bhe-r- , FREE BALLOONS FOR THE KIDDIES TOMORROW Bert Lytell In A Trip to Paradise METRO'S VAUDEVILLE MILLION- - and L i Santa Old Frio Seme Old Policy "WHY PAY MORET mrmmmmiam eommlasloa house buying In evidence end locals also wer more Inclined to favor tha purchasing aid. Offerings were not heavy, although good telling developed on tha bulge, which was credited to northwest Interests. Receipts are running to moderate proportions, th estimate today being for 110 cars. Rye was dull. No. I sold at $1.61U. Deliveries on September contracts were bushels. Receipts, three cars. GEM a A picture you will pant to see u v REGULAR BARBARA BEDFORD UJ SUNDAY, NORMA .iM IN fer iteera, steady U atroaff; Mlea, t7.259M, other kind, te weak; graitera, M-7weak with low of 25; heavy calvae moat Special tn Tbs Tribune aalea, $4.505 0; all other Wednesday; elaaata, geaeralty aieady; undertone, atroog es NORTH SILT LAKH. Sept. 22. Cattle eanoera and cuttera; eewa, $34104.75; heifera, Cbolc 267; market, Receipts, steady. 4 006.25, eaanpra, rood steers, $8.00415.75; moatly $2 24fe2 50, good steers, $4.60 cuttera. rows 50; culls, moatly 3 50:4 00, sad 6.06; fair steers, $4 00444.50; choirs Tcaicrtp $9 5010 60; Stockers, 4 00(25Q, henry heifer, $4 004,4 50; fair te feed cews beat ftederSp and heifers, $8 804f4. 00; cutters, $2 00?S 2S; 1 ti75; other sales, 4.d&Q canasta, $1.6002.00; fat bulls, 12.004). 00; 100. set ire, mostly 104 veal belornm 8500; calves, Hogs Receipts, hulls, 2.0031.50; light 15c tower tbaa yesterdays average; few lighter $7,603$ 00. Chote 25c lower. market anas; lower; good and choice 190 weighta fully lb, Receipts, ad 250 pound weights, 7 90 8.00, choice IttO prime top 1st hogs, 179 to 200 lbs., $8 60; bulk of sale. $8.2538 60; feeders, $8 9939 09. pound weighta, 17 607 75; bulk ef h)s, 7 these kseeipt. 1480; market steady; fslr top, $8 00; packing sows, mostly 2bc e holes Mock pigs, steady U 25c lower: best. Coed Ism ha, ms ad. $6 9936 50. Choice yearling, $1.6034.99; fst wetbsre, leev; $8 50. ftoiler $8 0038.50; fit ewes, $8.0033.00; heap Receipt. 1000; few sales sheep gad native Iambs; fully steady; best ewes, $4 50, tombs, $4.0035.06. satire lambs, $7.25; best westerns held at $5.50. 06DEN. OMAHA. Special te The Tribes OMAHA. Kept. State Rcregp ef OODK14. Sept. 22 Cattle Receipts, sons; C500, mostly Chetce henry nteers, $5.0035 75, good steers, Markets at (uii dpcliee; bulk of pack$4.0036.00, fair steers. $4.0034.60; choke 25c lower; closing feeder steers, $9 9034.000 choice cows snd ing grades, $8 50 & 7.00, medium and light butch heifer, $1 T54.T6; f.t, te good cows end era, $7 6058 00; top. $8 10. Cattle Kactlpta. 8200 best steers, steady tn j heifer. 99.2534 00; cutters, 12.0039.00; ess-eer$1,0032.60; choice feeder cewe, $9,693 weak; top yearlings, $9 7A; westerns aed she) t 9.50; fit bill), $2.0935 00; boiogu bull. stock, steady; bulla, steady: veala, weak. iambs, 7500; Keceip a, Bljeep steady to $2.093$.00; reel eslret, $7.0038 50. ITS western iambs. son bulk Choice $8 2ft; top. 008 fst strong, Rstslpta, hoc, Bags 250 lb., $8 25; bulk of seise, $7,753$ IS, $8.70; best clipped lambs, $8 25; native Iambs. fseder huff, 58.0030 00. $7.75; sheep and feeders, steady, Sheep Receipt. 2250. Choice tombs, $5 00 stetber. $9.W34.00. fst 00; $8.00 ewst, S6 feeder tombs, 84.0038.00, A TWICE DAIL-Y- PRICES: 25o to $1.00 50 to $1.50 tte NOW PLAYING AT SALT LAKE THEATRE Z7 t AMERICAri ma Th Viola Dana and Gareth. Hughes, In LIFPS Tna H&Q Boom Boy Oomody NEWS, i COMING SUNDAY CHARLES, THE IDLE CLASS" in 9HAPUN STATE NEAR FIRST SOUTH THQMA WILKE PRESENT THE WILKES PLAYERS With ELOXSB CLEMENT and ALEXIS LUCEIn thrllilnfmurder tjmy$try drnmg (felted - Btste 7500; '."""tm1 Matins HO WOMAH. KNOWS 4 Th amaalng story of FANNY HERSELF By Edna Farbar Wodnosasy and SsturQsy Plenty of Good Seats for 50o and 25c. 2:80 p. m. Mtln Evsnlngs 8:26 p. m, Tslephones Wasatch 8477.147 PITY PRODUCE. 22. Butter, KANSAS CITY.. Ipt. poultry, aneUengsd. , j ,gfs tud N4 Starting Sunday MARIE FREVOST In t hJIAWto dgmASi 4 , "MOONLIGHT F0LL1E anractlo "A PRINCE THERE WAS i ONLY TODAY AND TOMORROW IN WHICH TO SEE THE ACQUITTAL" KANSAS Receipt,- J ftillTDQirvi. beep Receipts, It.000: fat native tomb opened steady; floats airoas to 2Be hlfh-- r; other claaae. mostly steady; top eatlr lamb, hulk. $8.0008 96: calls, mostly $6 OIKS rl2578;; alto cars ef Idahu. 25c tower at $8 75 , ewes, $4 50; bulk, $8 2034.291 best fat top feeder tomb. $7.2537.40. Cattle FUNNYMi- - IN BAD AGAIN GHXOA0O. ef Markets.) DARN tho charming Saturday Evoning Post itory, VCaretahera Within, by OLrlatina Jopa Blada. ST Sept. 22. (United States Bures beef 9000; Markets ) Cattle Receipts, steers, strong to 25c hi it iter; good sad choice bulk 75; $10 meet; ep top yearlings, grades stock, steady; Icauner snd steer,' $0 00; sit bulls, strong; bulk belogas balls, $4 1608 5; real calve stead? to 26e lower, bulk,- $12 500 12 75; Stocker eud feeders, dull. Hogs Becetpls. 25.000; steady to 25c tower; tottar grade off most; rtoahig. atmg; bold-ovelight; top. $8 50: beik light and light butcher, $8.003125; bulk packing aowa, $6 50 66.99; pig, steady; bulk desirables, $7,253 KANSAS . Haras of Better Grade Pictures. TODAY AND TOMORROW $5c CHICAGO, Bureau 4 rflai $a market, Receipts, tower; top. $8 50; bulk, $4 004x8 40. Sheep Receipts 6709; market, week te 86e tombs $6.2537.50; feeders, $5.2535.76; $2.003176. KANBA1 CITY. CTTT. Bept. 22. Production SPECIAL SYMPHONY ORCHESTRA DENVER. Spectal to Tho Tribune. DENVER. Celo., Sept. 22. Cattle Receipt. 1400; market dull and draggy. steady te town. Steers. 94.60it4.00; ccws, $9,609(5 00; salvee. JMK32.60; bails, $8.093300. feeder, $4,003 ef A REX INGRAM :1 5 Matinees Evenings 3.23 to wM T HR 'KHO "THE PASSION FLOWER tdy tyO g - E 2:15 15 i.a iH J tr'l APOCALYPSE ill TOO; & tn CFTIIE EDWARD' HEARN COMING at FOUR liORSEf.ll PIUCE nut ion the the year big screen attractions at F 'tX s ao-- l So A review of ONE-HAL- rc t again. lOo Matin, hte, 16o, 80s Idrsn, o over and o ver DOLLAR FILM THE FACE OF THE WORLD" ' H ga PANTA6EB rSir 7.69. Denver, jColo. GEE BUT BUSINESS . ;1S 1 Matinees ThurAto Sualnc-ISH- o 50' 500 CR.CHE3TRX SEATS 7f Every Nijhf including Set & Sun. ALL SEAYS RESERVED LOEWS 46,-0- or refin.. V .1. 0Ie fill t KARO : trie By CHARLES D. CHICAGO, fiepL St. HEW YORK BOND UBT. 100 tie Else 5 . .. 88 2s leg 1. tB coup ..,..100 lot If Marla K 0 So ref $ ., 76 . 104 IS rt 8 ev 4s eoup ,.104 MaEATss 1st D M? 76 Mo Pse ga PB Ss Rf I... 87 76 Mont Pevsr Psn 9s eoap ten TT Colo A Bo ref Eallwsy eonsol 4s 67 Tax A Pse II Robber Dom of Canada $ Steel 6 PI (1M1) 48 Brl ges 4 L9 tw rit tT Lilf j tn IN PERSON AND . ON THE SCREEN theyTl tell you NOW PLAYING ' ins Tilnklilp Co 4s 62 Armour Cecil B. DeMUlos fsJ irb CLARA KIMBALL YOUNG Young; 77u Liquid Wall Paper i, screen deep Screen Masterpiece THE AFFAIRS OF ANAT0L IcMurtry repapering than SBEYSW Coming Sunday t more heart-tu- g -- 1.,' t j is Th gentle art of clowning by LOUISE FAZENDA, CHESTER CONKLIN and a host of funsters in THE LOVE EGQ" i. - ' out that beauty TOMORROW TODAY Longs Obtain Upper Hand on Stock Exchange . |