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Show I tr SALT LAKE TRIBUNE, SUNDAY MORNING, OCTOBER 23, 1921. 10 . revision of railroad freight tariffs the state of Utah. Present coal freighttarlff In Utah, explained Mr. Cook, are Reacting unfavolhbiy on all lines of A committee of six memtie, to be Chosen by J. H Ball, appointed as chairman, was created to visit Salt Lake bankers and urge the wide deputation Of tha clubs mining booklet, Tti tail's Mineral Wealth. Up to the present time but two banks, tne Columbia Trust company and the National Ofepper bank, have placed orders with the. Commercial club for copies of the booklet for circulation. Reading of aletter by R. J. Evans, president of Ufe Salt Lake Stock ana caused enthusiastic Mining Exchange, comment by members of the mining com-l- u , , In his open letter to the mining mlttee. atcommltteeMr. Evans condemned-th- e titude otbanks in the matter of extending financial assistance to mining comSlock trading NEW TPRK, Oct. panies active, but professional, in- MrEvans stated that financial asels- - today was tange wag extended to the farmers, to volvlng much short covering. Ralls were influenced oy further ef-- o shyfpAjuf cattle men in the way of loans jnot perceptibly crops or livestock, while at the same forts of the administration to avertneu- a imt the mine operator who had ore on strike, that phasa evidently being the dump or blocked out In bodies oUdefl-nitel- y tralise by the cut in western Ireight established sise and value could rates. Steels also moved uncertainly, the cut not aecure loans, offering his mineral as In rails by the I n.ied bui.es steel corpo collateral. ration being accepted as another Indies' of the keen competition prevailing A tlon System Condemned. in that inddatfy, coup.sd with the rela The manifest unfairness of such s ays tively high coals of production. tern which, on the one hand, would lend Oils and guided the genmoney on assets which could be de- eral list to equipments higher levels, Mexican Pestroyed by fire, weather or disease, and, troleum, Houston, "Haskell and Barker, on the other hand, denied that ore. 'which Pullman and Harvester making extreme needs no Insurame, the value ot which Is gains of 2 to points, in ths case ot fairly constant, is collateral Mr. Evans Mexican petroleum, however, a sharp bitterly condemned in bis letter. Such a reversal occurred before the close, some s stent he stat'd, reacted viciously, not other advances a. so undergoing sharp only upon the mining operator, but upon Impairment. Sales, 400,000 shares. the banker, the farmer, the artlatulhe narrow were tnbomls at light Dealings ritofCs.nor.aI man, the business man and changes, a majorlty-o- f ,the Liberty price the laboring man as well. issues easing. Speculative rails also So Impressed was the committee by Mr. shaded with shares and Evane forceful letter that it was unani- foreign issuestransportation were Tq mously agreed that, a eopv of this letter (6,15,0OO. par value, aggregated should be sent to every banking house In sales, In the clearing house Items Noteworthy Salt Lake to awaken a sense of responsistatement Included a decrease of bility toward the Industry which has cretn loans and discounts, conated .the greater part of Utah's wealth. traction actual ot of (31,800,000 In reserves Accompanying the letter will be sent In the federal reserve bank gnd members request for suggestions as to the best a ..decrease ot about (41,(00,00 in cash remedy for su h detrimental condition holdings, causing a deficit tn excess rens desirlbed In Mr.. Evans letter. serve of (2,535,000. business Weekly surveys of general HEW YORK LISTED STOCKS. conditions were highly encouraging, western advices for example, reporting whole(A. Reported by J A. Hieio A to ) sale distribution in merchandising lines as far In excess of the corresponding period of last year. WE HAVE CLIENTS WHO WILL TRADE AS FOLLOWS 1 TRADING ON STOCK EXCHANGE -- J A confined to Professionals Operator and Engineers to Be Asked tf. Dtarns of Problem Movement of Rails and Steels Uncertain; Oils and Equipments Lead General List to Higher Levels. ' HEW YQR -- Aid of Bankers in Stimulating Development of Mineral Resources Is Soug! Additional plans for thetimu)4tlon of the development of the state's mineral resources were made by the mining committee of the Commercial clb at yesterday's regular weekly Junjdfron. Opinion of the committee was unnimous that by the compilation of datiy contained in the booklet, entitled "Utali Mineral Wealth, rdhad been" made; le committee to keep date as time, goes me time to arrange- - for ion of the pamphlet. To alms, a permanent conSlNting of Thomaa M. Child and H. A, Strauss, ted by Chairman ,F. B. Cook. y tn to have the committee prominent engineers and op-Utah met with instant were accordingly taken to me a schedule of speakers for futute To these luncheons persons ,'lieona .ereated tn mining will be invited. By .ich meetings members of the committee eel that u wide knowledge of the needs of the industry within the state will be gaiuel and a medium for the discussion ot problems handicapping the development of tho m.ncral resources of Utah will be proi Ideil. In lire with this plan, Recretary J. H. Dr Rsjbuin was instructed to Invite adWilliam Peterson, state geologist, to dress the committee on a topic of his choosing on any Saturday in No- ember Other speakers who will be ex-- t. nded similar, Invitations are R. B. Xi then, ell, manager of the federal J. J. Beeson, - mining bank, and gi oiogist pulill-ltte- e, ad-b- STOCK LIST. Identified with the State from infancy, this bank is more than a bank it is an institution. & Bt Istol Silver , Creolf Copper t Etta May Evreka Metallurgical Glorallen Minins Kimmel Minins Louise Mining Mutual Metai Nacoxari ie CHICAGO, Oct. 22 Liquidation was In rder today anl with wheat leading all rains closed weak and lower. Wheat eglatered net losses of 1&2C, corn KANSAS (1TY. HAY. Oct. unchanged. es Hundreds of, thousands of dollars of K&R per cent Real Estate First Mortgages have, been purchased by wise investors during the past six months, 8 Theres just one reason for this preference these Mortgages are absolutely the most proffrom every standpoint to be found in town. itable and safe With Safety They are secured by new homes in Salt sections. Every home held as security has a market value TODAY of at least twice the amount of the mortgage. The interest is guaranteed the day it falls due at our office. You dont have to look up the borrower and 'dun him. Just clip one, of the coupons attached to the certificate. The taxes have been looked after; the titles are cle.ar and many other details of importance have been taken off your hands by our Service Department. THR LEADING FUTURES, ... . ... . ... iirPORK Jrn. ... LARD Joe. ... Mureh . . BIBS Jan May ... Wheat Com No. 3 red. No. 3 mixed, 8ui32e.No. Kye 2, (t 13; No. 3 hard. (1.04. No. 2 yellow, 4646e; white. 33 35c; No. 3 white, 410. Burley 46 53c timothy teed 44 50 3 60. Clever seed (12.904(18 541 Pork Nominal. lard (9 50 Kibe Mmball&Ricliaida Securities Co. (J 62 ' 4. 00. WEEKLY METAL REVIEW. NEW YORK, Oct. 32 The threatened railroad strike caused more or lek buy ing of steel products whkh could be the shipped Immediately, but otherwise market waa rather Irregular so far as Ths lighter bin ing was concerned. weightg, especially sheets, were In fairly active demand.1 but heavier products were inactive. Competition was quite keen for and plates and bars ss well as disposition to shade producers showed a secure orders which to somewhat prices were slightly larger than the average. In the pig Iron market there has been onlv a moderate business and buyers are way. As taking hold in x producers are not stocking up in excess of requirements, prices hold steady. Copper has been quieter with the tone a shade easier. Export demand has been In exchange curtailed -- by fluctuations rates and reports of relatively cheap offerings of scrap copper In England, while buyers for domestic consumption seemed to "have secured their more urgent needs Tbo on the recent, buying movement. threatened railroad strike ms also had an or restricting lnfluonce and It unsettling is reported some dealers afre willing to Sell small lots of electrolytic for spot or near-b- y shipments at a shade below the level. Ths Improved business of to have strengthened last month appe the position or the larger producer. Tin has been firm. While there has been some pressure to sell- - piompUy It is consuming demand carej for by a better and dealers have been fair buyer of futures. Lead is quiet but firm as there Is little of stocks Ip producers accumulation hands; demand has shown no Improve. ment Zinc Is steady and falrlv active, particularly for November snjpmeot, which commands a premium over prompt. Antimony Js quint and unchanged. tin-pla- Phone hand-to-mou- Was. 686. Experience A The men- - who direct this bank hare .long;- - beenwith ba'iic indus-trie- s of fhfe region. - actively-identifie- They know the sort of service most useful in this territory and the National City gives it. ' ' The National City Bank d DAIRY PRODUCE. WHOLESALE (Quotations by Mutual Cramer, Com pi ay ) Cato lots. Freak extra eresmory butter tfe 44 pound ... enbee ( .45 Freeh extra creamery better la car- . . tone .48 Freeh extra creamery meat prtate Freeh ftreU 'ereemerF tone . Frees fTrefk creamery meat print! Agio Cooking batter In cube 85 Selected freak ogge Ranch egga Full cream cheeea. triplots Full cream choeaa, Xoung Amorims Full cream cheat, squama,, M ,44 Praam brick theses .u Block Rwlae cbeeae H4(WIM(4W444( 33 23 .24 .84 ,3H .03 03 4 vJ ..... INDUSTRIAL Alliance Inv Co Baker Steam Motor ...... John T Clark Tiro Fireside Coal . Gen Red Chem , , Gunnison Valley ... Mab Mtg Co Hooper Su$&r Kimball & Richards Mutual Coal Mutual Creamery ,, People, Sugar Pan Motor Silver lie Product, U S Fuel Utah-Idah- o Sugar Utah Imp A Vehicle Utah Wholesale Grocery .. ... Victor Motor Ac Clutch Co Z C MI . .. 1Q9 00 Stocks aold on monthly payments and buyer margin, and seller lxty daya Can handle any stock In any market. 1 your stock la not quoted, write us fa Ac. quotations. LIST. 10044 Int M Her (e .... U S 2s ref U 8 2e coupon ,...100K 0 South ref 5e .. Tex let 4e 10414 M. K res U U 8 ev 4e coup . .104 lx veils Pee gen 4s 74H Mont Power te . . Psa Ss reg lo So coupon .. 7414 N T Cent deb 6e Amer T A T ev 4e. 1024 North Pee Se .. S L ref 4e .. Armour A Co .. 1 Beth Steel ref Se. 83 Pee S Penn Id Cent Leather gee Se -. O er Se.. 82 Ht I. A 8 F idj 6, Chet C, R I A P ry re 4e 72 Sooth By 5 Chill Cop cl tr Ae 75V4Texae A Pee let D A R Q eontol 4e 47 U S Rubber Se . Dom ot Can Se 1931 92 U S Bteel Se Brie gen 4a .... 42Wabtth Gen Klee Ss .... 88 HEW YORK BOHD h 4e 820 I Til 88 7914 LOBBY 66 88 03 87 84 84 88 44 GODDARD, ATLAS BLOCK 0 4 SHIP EM TO UNION LIVESTOCK COMMISSION CO. W have standing order for fat and feeder cattle. Also feeder and owe lambs. Get In touch with ut Immt. dlately. OGDEN UNION STOCKYARDS Special te n X chased with' our own funds and are recommended as containing all the essentials of good investments. Oct. 791. 22. Cattle Receipts, OGDRN. Choice heavy steer. $5 0oft5 50; good ateere, 50ft4 00; choice feed 4.004 50; fair 4r ateera, 94. 00ft 5 00; choice cowa aud heifers, 93 7564 50; (air to food cows and heifer, $3 25 ft 4.00? cuttere, 92.00ft3.00, censers, 9100 ft2 00; choice feeder cowa, $2.50ft8 50; fat bulla, $2 00ft 3 00; bologna bulla, 9AOOft3.00; veal calves, 47 00 ft 8 50. Choice fat boys, 175 Hoffs Receipts, none. te 250 poeAda, 9? 95; bulk of aaiea, 97 95ft 98 OOft 9 00. 7 85; feeder, Sheep Receipts, 2592. Choice lamba, 95 50ft 7.00; wethers. 9S0Oft4 00, fat wea, 92 00ft 9 00; feeder lamba, $4 50ft 6 59. 10093 ho, will bo Jfaxia Spooial; wilt coy tain tha fullaat details regarding till aensatioual field, and will be replete with authentic map and Meat photograph, which will he fount of great Interest and value. A of the KexU Special of the Text Oil Bulletin wilt be moiled to you CHICAGO. CHICAGO, Oct. 22. (United State Bureau of Markets ) Cattle Receipt , 500 Compared with Beat yeeriinfa, week Sfo: strictly choice to prime cora fed steers, western graaeor ateera and cannar and cutter cow, 15c to 25e lower, other beef stews and butcher cowa and heirem. 91 off, tnoatly 60c to 75c lower, with torn bulls, 15c to 25c lower, light and handy weight vet calvea, 50c higher; Stocker and feeders, steady. Hog Receipt, 5000; 10c to Sic higher than average; packer sad mixed hoga up yesterdays $M 40; tmik lights and light butchmoat; top. ers. 96 15ft 8 40; bulk pecking sows, 9A. 50ft 7 26; holdover, light; pigs, steady to strong, with hulk daairable mostly 99.25. Sheep Receipts, 6000; todays receipts mostly packers direct sad feeder through billing; one car choice Idaho fat tombs-- te shippers, $8 76, sod few loads good fat natives at MOD; steady. Compared with week ago: Fat tombs, 26c to 50c lower; fat sheep sad feeder lambs, around 25c tower. omi I nited fttate Bureau of OMAHA, Oct, 22. Marketa.) Hog4 Receipts, 2000; stow. 10ft 15c bolk 96 25ft? 00; bulk packing grades. higher; of tales, 3 5047.75. top, 98 00 week with Cattle Receipts, 230 Compared Choice fed yearlings and handv weight ago 2V to 911 others 10; top, ateera, atroog higher; and westerner' 25ft 5oc lower; she stark, 25ft 7&e lower; bolls, week; veals, steady r stuck and feeders, mostly 25 ft 50c lower. 1000. market, Todays HheopRecelpt. Lamb and steady. Compared with week ago 00 75uft91 50ft75e sheep, lower; yearlings. lower; feeders, 25ft 50c tower. DENVER. Oct. DENYER. 22. i attic 800f Receipts, market, steady; eteer. $A0Uft6 00: rows, $8 26 ft 3 00; calve. 97Oft99; bulla, 99.9oft9.60; feederes, 94 60ft 5.75. 10c to 15c 100; market, Hoga Receipts, higher; top, 99 00; bulk, 99 2548 00. Bheep Receipts, 500; market, sbady; lambs, 96 50ft 7. 76; feeders, 96. 00 6 75, ewees, $2. 50ft c'f Queensland, Atwtralia 7 per cent Noncallabla Gold Bonds, duo 1941; at tho market, to field about1 7.0S per eent. ABSOLUTELY for it today request. Writ nod ask for any Information you de sire about toy oil field nr oil com pany in Text nr the southwest TEXAS KANSAS CITY. t IT V, KANSAS Oct 22 Mo. (United Bureau of Markets ) Cattle Receipts, For week: Bulk beef steers, steady to 00 IV higher; other grades weak tn 5oc- tower; top. 9f0 00,'" fat she stock, steady to- 15c tower cwlre esimers, - enMer;- - stckee: fewtom steady; bulls, weak- - stoek cows and heifers, steady to 25c tower; stock calves, strong to 25c higher. Hogs Receipts, 10A; sales consist of one load sows at 97 00. fourteen head of weights at 17.79; look oteady, wKb Friday average. Por week; Sheep and Sheep receipts. feeding iambs, 25c tn 60c tower; fat Umbo, 25c , to 49c tower; top, 99'50. ' Ko OIL BULLETIN D Sqlto 654 Waggoner Bldg., FL Worth, Tax. Raise Big Capital FREE Writ for N copy Quick Financing Municipal Exempt from Federal Income Thzei Franklin County, Idaho, Independent School District No. 1 per eent Funding Bonds, due October 1, 1941, to yield 6V4 per cent. Evanston, Wyo- - Waterworks 6 per cent bonds, due February 1, 1951, to yield 6.20 per cent. Summit County, Utah, North Summit School District 5 per. eent bonds, due June 1, 1940, to yield 6.20 per cent. If you need big capital quickly fur oil, mining or industrial budineas. learn how one company sold Over One Million Shares by my' easily opeieted plan. Let me send proof that may lead you lo quick Success. Write for particulars gf this winning plan. tr. CUNNINGHAM Grant Bulldlpg . Lot Angelas, Cal. V.. Railroad S-- Public Utilities Cuban Telephone Company First, lien and refunding mortgage, 7 Vi per cent, due 1941, at 95 V4, to yield 7.95 per cent, , Cleveland Electric Illuminating Co. 7 per cent debenture bonds, due August 1,1941, at 964, to yield 7.30 per cent We shall be glad to go ever the details of each . Of these Issues at your convenience. a 1020 Central Pacific Railway 4 per cent European Loan, due 1946, at $57.25 per 500 francs. Grand Trunk Railway of Canada 6 per cent callable gold debentures, at 95, to yield 6 per eent. (Guaranteed by the Dominion of Canada.) ODD LOTs m ... a Call sad ptacaa yau m both tUm af tha market PROFITS UNLIMITED Writ today for booklet No. 139 explttos fully, slo valsabto rules for Trader m Stocks, ('ottos sad Grain (free!. ' v LOUIS STEPHENS & ,CO 24-2- 8 Stona Street, New York City That It Rra! CATTLE, 4 00. State E2 EZ.EE upon 17. Government of the French Republic 7Vj per eent Noncallable 8-- Gold Bonds; at the market, to yield about 5.10 per eent. II TEXAS OIL BULLETIN State of S. of Brazil 8 per eent Nonrallablo Gold Bondi, duo 1941; at tho market, to yield about 8.05 per cent. T7. 8. of Brazil 4 por eent Sterling Loan of 1889, at $400 per 200 Pound Sterling. SHEEP, HOGS In vestm ents Insurance RcqlEstate -- A I Tha Sansatto&al Haw Oil FisM of Limeftons County, Texas, la sow eoncadad to bt tho groatost and rtoii-ooil field In America, tho latest well reported having come in with a flow of 23,000 barrels of oi! per day. The eurrent Isaua of the OODEVs Tribune. I - Phona Wasatch 22S3.22M Salt Laka City, Utah SS 1 , C. S. . 4fi4Uct' Oat No. 3 We're waiting' for a chance to fully about these Mortgage offerings. Phone or write us at once. Ths Only Bank on Stats Street A Tower of Strength Biles la hundred padal ta Tha Trlbuaa. NORTH BALT LA KB, Oct. 22. Oftttlfr- -lt eelpt. 542; market steady Choice itwri, $A00ft5.50; food ataera, $4 50ft 5 25; (air steers, $4.00ft4 75; cholco cows and heavy hatfeva, $4 00ft4.50; fair to food cowa and he If era, $3 50 4(4 00; cuttere, $2 00ft 3 25; canners, 91.50ft 2 00; (at bull; $2 5O&3.50; bologna bulla, 2 00 ft2 50; light veal calvea, $7 0(ft 00. Hf a Receipt, 985; market atmnf. Choice prime top (at hoga (1)0 to 200 pounds), 8 60; bulb of aaiea, 99.00ftS.50; feeder, 97.60 ftfl 50. market 2050; steady. Sheep Receipts, 95 KOft&OO; Good choice choice lamba. yearling, $9 50&4 OO, fat wethers, 99 60ft3.60; feeder 94.00 lamba, fat ewea, 92.00ft8.00, ftS.QO. - ... Mar CORN Dee. May OATS Dee explain At No. 228 or RANUB WIIEATDec .09 Tintic Paymaster Vijont biiver 712 Lakes choicest residential t Founded 1859 c The Best Sellers - lower. Provisions wore generally higher with lard In the van. Wheat traders were timid at ths start and the market fluctuated nervously. Lack of support and discouraging reports from the seaboard and abroad took out what little heart' the market possessed, and with the rail strike situation In the background there was nothing to encourage buyers. Argentine futures went to a discount below Chicago and London, reported that Plate offers were being pressed there. Some exchanging of seahere for cash wheat for the board waa recorded, but the east- - sold December and this was taken as an indication that the hedges were being restored. Trade In coarse grains waa light ana mainly local. Cash nouses bought some December com early, but shipping sales were not impresslvo and In view of the general situation corn turned weak and followed In the trail of wheat, dragging oats with It. Provisions averaged higher under lesThe railroad situation sened pressure. was the governing Influence. It checked hedging sales as packers ware cautious about offering. October and November deliveries for fear of the strl e. Another effect was the packers demand for hogs for fresh meat with which to meet emergency order In the event of a strike. Live hogs were consequently higher at the yards and this was reflected on tho board. October lard closed 25 cents higher, the cents highother options being er, ribs unchanged tp 10 cents higher and pork unchanged. ,, Copper TinticDavi on :he BMffpeitUon of Chairman Cook , tho C'mm iteo decided to sond a ini at4on to the board of governors of t io Commercial club, asking tnem to file p complaint with the proper commission for the purpose of obtaining a downward . .02 Selma Mines ... Spruce Monarch Pope Shenon f Hi OT - North Beck Rye Patch Walker Brothers Bankers Freight Revision Asked. .Offer -- ' - Ship to HUNSAKER COMMISSION COMPANY 1 ..OGDEN, UTAH M. R. Hampton Geo. Tomlinson (Bonded) h |