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Show ood Reasons for Expect mg Much ' Improvement in Position of Copper. that domaatle consumption sports for tho first half of Mil Aosunilnf MS r likely to absorb pproxlmat.ly pounds of now rsflnod copper, thtrs Is reason to expect marked Improvement in the statistical position of the metal by the end of next June. If refinery output does not exceed 550.000,-0- 4 to lOO.OOO.OOO pounds during the same period. It will indicate that a decided reduction has been - accomplished, in the heavy surplus stocks carried over from last year. .There Is ihs quite natural tendency In some quarters, however to overestimate the 'probable demand In the next four to Deliveries should not bo nixmonthn. reckoned ss consumption, but this mistake Is liable to be made by superficial writ ers who fall to note the distinction between actual melting and the replentaking Of stocks in addition to the output bf new refined copper, produced from ores, there erg Immense quantities of secondary cop-in per, and copper In alloys, recovered this country. Reliable figures on the production of copper from secondary sources is ikit are not yet available, but- - during Scattered Activity- of - Lim ited Volume Features Selling of Mining Shares. -- Scattered activity of limited volume featured trading on the Rail Lake Stock and Mining exchange yesterday. Changes in pries wers nominal aa interest of trader la at low ebb. Selling of Ttntic Standard, probably as a result of speculation concerning the company's dividend policy, wa resumed. Sale totaling 3200 shares caused the price to sag to a close of 31.90. Silver King Coalition traded at $3 17 for 200 sljnrea. An odd lot of Judge was sold at $3. Emma mine, with 1I.5M shares sold at 2c, waa the most. active slock of tho dev. Big Cottonwood Coalition, with trading ot c, showed no change. Prince was slightly weaker. Bingham Galena, on an sanctum ert of 4 cent a aluu1 had that been levied, delinquent AprlT sales date Ma 22, dropped off to ' ondary copper recovered In this country 14, for the sale of 4000 shares at plants treating this material amounted Mlchlgan-Uta- h traded at 28c for 8000 te 424.SZ0.0M pounds, and that for ISIS hares. Columbus-Rexall, was 474,380,000 pounds, making a total Alta Tunnel and a number of other little Cottonwood for two year of 1,104,300.000 pounds. All this secondary copper is prepared stocks were Inactive. An assessment of 1 cent a share has for the consuming trade- - in marketable levied, delinquent April 14, sales dat ehape fit for reuse at the various foun- been 10. Quotations follow: dries, railway ahops and brass mills of May LISTED iTOCKi. the country. A very large proportion of i Audio nuuis N. T Trsn.lt Northern lit ISO two-thir- 90 A gradual broadening of business Is noted In metal Industries, says the Dally Metal Trade. Improved buying of casting copper and composition metal by foundries la an example. The Improvement in isle of storage Batteries la of significance to th lead and rolled sine trades, although some of the large factories Its this business still have heavy supplies. mlesa copper and brass tubing and braea rods, which were dull for many months, now ars beginning to move in However, business In good tonnage. metals cannot yst be called 'satisfactory, for few can show a profit o basis of present prices end operations with moat ndustrles at less than half capacity. Balsa of copper In March have been about aa heavy as for ail of January and near the high December rates. Mostly for export. Domestic sales are at l(c delivered, with some small sales and som asking prices a little higher. Zinc la firm at (4.70, St, Louis, and lead continues at 14.40, St. Louis, and (4.70. New York. Both metals havo been stronger than usual In London lately. Tin recently became active and la now March 17. ds Ore at Normal Output 84 150 07 140 The Park City Mine Producer ISt S3 "Si. ELAND.Tribes. non-ferro- us (-- 70 96 198 114 190 . m on nooxa. Bnekoy- oChreehmuib lie pfd ... Continental . Ciencent . . . Combertend Kurete ..... batons com do. pCl do new pfd Illinois Pipe Indium Pte ...... Nations! Transit . . . Exchange Take Casting Copper Shows Im on New Life as Wheat provement,. and Foreign 4 Trade Is Holding' Up. Recovers Former Los. 5 ferling tant and significant movements occurred on today's markets. Rates for ' tints money drifted to a still lower level,, some short-terloans for considerable amounts being made at 4 per cent as against 4 !- - per cent and S per cent a very few days ro. Btertlng exchange rose rapidly; the day's highest rats of $4.(1 1 representing an advance of 4 2 cent for the day and a total recovery of 11 8 from Tuesday's low point of reaction. In some respects with Sven more direct bearing on ths general situation, a advance In wheat brought the price 1( cents a bushel above that market's low level In the recent reaction, touched Wednesday, Wheat has now recovered exactly half of the loss which followed the speculative selling at the month's high mark, aterlcg has recovered of It. The day's emphatic rise in sterling was doubtless based In a measure on the more favorable view taken of the various International questions but the Immediate cause for the rapidity of today's advance waa the relatively email amount ef drafts pn London offered against purchases of 21.17 our merchandise and th relatively very large amount of bills bid for to remit In payment ot American purchases on th European security market. All important European exchanga rates except that on Gertnany-advanc- ed with sterling; the franc sold above the week's low Special te Th Tribune. The PARK CITY, March 17. Mines of th price, the Italian lire waa up total of Park City -- dlstrlot pcoduced to .28 2 of a cent, ranged close 2097 tons of ore for tho week ending to2027 to the lowest rate of the period. tons for night. as compared with , Today' stock market was noteworthy ths preceding seven days. In two follows : Judge Allied companies, respects that more separate Output shares were dealt In than on anv other 11)64 tons; Silver King Coalition. 004 tons; day on record, and that total sales ran Ontario, (27 tons; total, 28(7 tons. further above the million-shar- e mark than on any other day alnce May S, last year, when the market become violently active on the reduction from 7 per cent In the New York reserve bank' : to ( discount rate. ' It was primarily a market Special te Th Tribune. to the money situation and responding out loo MOSCOW, Idaho, March 17. Stuart 8. which attracts particular Interest be- Bruce, Colorado and Utah mining- - man, cause today's time money rate, for al- ha "been temporarily appointed to the most the first time ainee the war, went ot chair metallurgy at the University of (notably below the present reserve bank Idaho, according to an announcement Igore. The days conspicuous advances tho office of Francis A. Thomson, were, however, again mostly in th highly from school of mines. Mr. Bruce of dean the speculative shares. Even among these to handle the work of Prothere was a good deal of Irregularity and was appointed B. B. Elder, who was granted a the railways vhardly moved. Btrength in fessor of absence on account of sickness. the bond market continued unabated; leave several of fhe foreign loans, including the with the American Smelt' engineer French republic Issues, went beyond their gleal , tng and Refining company in Colorado hig;h prices. and Utah, after which ho was given a professorship in metallurgy at th MichMir eraxcisco icnixo btocki. igan school of mines at Houghton, Mich., (As Reported by J. A. Ho,!. A 0.) which ha occupied five years. Mr. Bruce 1 a brother of J. L. Bruce, Copper superintendent of the Davts-DaJ- y oompany at Butte, Mont. Reported by J, A. Bogle A Co.) Bid. Asked. .17 .17 so - Special ta The Tribes. NORTH SALT JAKK. March. 17 DANA NOYES. NEW YORK. March 17. Threa impor- - Ids T TO LOWER LEVEL By ALEXANDER ahrinkage In etocka. The copper market, however, cannot afford to ignore the feet that these secondary products play a big partInin the cop price be per situation. The margin tween the remelted Ingots and tbs price of virgin metal Is often a cent or more per pound, and until consumption expands bey of- copper can only ba promoted by an Intelligent adjustment of supply to de mand. Boston Nswa Bureau. Hi' sell-in- -- scrap and Is utilised for remanufacture. The recent enormous supply of scrap metals affected tho consumption of new methls. - After the armistice millions of tons of material were converted to scrap, hut as ths excess supply la reduced there will be a betetr demand for new copper from primary source. .The preeent quantity of government holdings of brass and copper sorap are unknown. iArge quantities havs been disposed of from time to tints. Mid It is further quantities will be sale. Demand baa absorbed Eiable and there has been a serious e fill LOAN RATE FAILS -- 4. 410 100 114 108 178 106 174 104 27 ........ 176 ISO 106 KH Pipe Idaho Miner School Fillr Vacant Chair 1- -2 M8T0X CtTXB CLOSE. (As Reported by 3. A. Bo(l A Co ) uitn; 0PKKtK6 American Coo. Mine. 200 at 4c. Albloo, 150 at 10c. Coat . 2000 at Biff Cottonwood e Bingham Oalcna. 1000 at Crown Point, 2000 3c. Emma. 1ft A09 at 2ft Galana. 3000 at 2c. Iron BkWMm. 500 at 23c. Judge. 60 at $8 00 Michigan-- ! tab. 4000 at 6c. $1 2500- - Tlntk Standard, 600 at fl 00. ' Zucna? 1000 at 3c. 61; safety. Before Investing we suggest that you oonalder the following: Sad Paulo I per cent, 1(28, at 285 (per 100 guilders), gao Paulo a per cent (1(07 lssus) at .Brasil 5 per cent (1(01 issue) at at 2300 84. 4tf4; .Cuban Government 4 per cent, 1(2(, - at ,.- - - 'trr Norway (WTierbowOtwrarK Complete Information" on Inquiry' 8; 44. 44. Wi. ship-- . 99 584 : B. 0. H. I. 4 00; K. Mi 4 90; K, 8.80) WOTASOi WW, 810. Quote; 4.28 ' 1B( Investment Main Street, Seeurltle Wasatch 77. D.R t, 1X0UB. MINNEAPOLIS. Miss.. Marrk 17 Ptosr, unchanged to 26c higher; la carload lota famno ted barrel In 68.00 at a ily patent q cotton aack Bran. 618,00. hatt lo ht l-- 00 (c ' Hon otoajiar; IftEW YORK PRODUCE. March IT Butter, , . caster; 240 I - Coal? who takes the first coal offered ? or do you ask for and get a specific kind? Most of the. leading merchants, professional men and careful, housekeepers use KING COAL year after year. It pays to insist on KING COAL. Let the other fellow experiment with unproved coals. Keep your, home warm and comfortable with a coal that you: know, has agreaterheat: value than any other coal mined in Utah. Ask the man who burns it NEW YORK. March 17 The raw eucar market waa fins sod active with spot and April shinmest Cuba sow quoted et 2 ike. coat usd freight, equal to 4.11 for centrifugal. Berta Ricos were up to 8. 98c. There were sale of bout 800.009 baas of Cubes for March aud April shipmest and 80.000 baas of Porto Ricos quoted prices and 17,000 bees ef Philippine Islands due May 1 ef 4009 Haw assure were stress sod active, closing at set ad ranee of 8 to 8 point. Trade Interest aad eemmisstaa houaua brought os tbs Btrength ta th spot market. May. 1.83c; July, ,2.82c; Beptombor, 2.99c; December, 900c. Th market for refined was firmer aad prices 1 points higher, owing te th advance is raw sugar. Pine graaulated la sow quoted at 8. 40c with a good Inquiry reported. Thor were so transaction la refined fa tores. C teeing. May, 6.86c; July, $.90e: Sep8.00c. tember," YORK, Do You Duy Are you a careless buyer OMAHA. Neb., March IT. (Catted State ta. Bureau ot Markets. ) 8000; fairly active aad steady; bulk, 180 to butchers,, (9 9009.70; top, $9.75; hulk, d 21A to butchers, (9.2309.90; pack-to- g grades, $7 7508.79. , Cattle Receipts.. 878; all classes geaeraUy steady; beer tears, alow; heat here, (7 85. Sheep Receipts, 4500; fat lambs, atroag to 23c higher, $18.23 paid; sheep generally etoody; ewes, (9r25; feeders, unchanged. fresh , : - JURXXT. ' WOOX MARKET. B08T0 WHEAT. OAT AND RYE. Match IT. The Coonaerctal Bui-letl- a MINNEAPOLIS. Minn.. March 17 Wheat, tomorrow will tty: "Tho wool market haa coatlnuod dull ana receipts. 19 ear, compared wtlh 267 care a aaaowhat aaoree ea a result of the dnlleeeo. year ago; rash No. I northern, (l,Bl0i.5A; aovortheleoa. eoperlally for May. 8144; July, $1.83. hat morally woolo. uo Report frost tho west ladtreto Corn. No. 8 yetlow, $2032e. . a pauoo ta operatises than, practically a Oats. No. 8 white, 83084e. but few eoetracte. boylaa briar reported and taf Barley. 49042c. th tariff eat-loo2. 98090c No. owls ta tho uncertainty Rye. Plax, No. 1. 12 3802 89 serves, som "lb (node market is ' sloe beta reported Uses. Sotably worsted foods, OHIOAOO PRODUCE. very dull, while ta some spots wsoloa foods March IT CHICAGO. Butter, unchanged. of s typo seat to bo awetlar wits fair 12.897 cases; receipts, Eggs, unsettled; but gtootmily th aitrkot Is New York firsts, 22 028c; ordinary first, 20021c; ta dull. mlaeellaaaous. 22022c. QuotaTWns aa follows: Poultry, alive, lower; Btwla, 28c; springs, Ikelatne, Mlrhlfaa sad Now Turk fleeces: rooatcre, 18c. 27c; fine uawaahed, P8Sec; uawashe'h 44845e; d saws shed. 41e; d sartor-blooaa washed, 89841c; q 87 038c. Scoured baits: Texas: riao twelve flao sight naoptha. 90888c. Northers. (1 10; California: coolly. 94cf 1100; soothers. 60(1 95c. Not I Beaters staple, 01 WJI 11; Orem: 00; ftoe aad flao medium eombtag, eastern clothing. 83000c; valley Ne.. 90098c, Pin sup!, choice, 11.1001. 18; Territory: d Frontage on eombtag, 3100 eked; three eighth comb- quarter-bloocombing, 37038c; prico not heard of for 20 980700. ulled: ' Delitarfl.U30t7IVrXXrWcQ(T.W; ... A aopetoy 2O0Mhr, FRONT FOOT $1578 Mohairs' Beet combing. 29032c; bout card-tag- . -- -- -fci028e.. r iy to NEW T0SX LISTED STOCKS. (As Report'd hr J- - A. Rofl A Co ) Bis Hlfh Low. Closo. .. Amt Af( Ch.m, Ami Stool rdy.. r.llf Pickers ... rsrro 4e Pise . ... A Ohio Chile Copper C O W Hr pfa . Coos Test lie Goodrich Rubber rkee ... ... Internet! Piper . Uo Pie By pfd . Monties Poster . Netl Lead N Y, Obi A St L... Pidfle OH , Pierce Oil . I r W'PsW-pfaBo By pfd ...... 818 Oil of J Tex Gulf Sul .. tt 8 Smelt com... 71 Smelt pfd. Oil of Del. fitsb Securities VtrsiBls Cheat , Wsbesk A pfd KANSAS CgTXr 'Marsh IT, Bay, sue has id. Pale .FLAXSEED. an (rack, DCLCTH, March IT flaxseed, XSSfcOXSSm 9S Sfltv (9.68)481.981 . ' STERLING INVESTMENT Maintrett 31 n - 11Q IT J. A. COG LEG CO. CHICAGO.- - March 17. Grain market allowed a aurprieinc strength. Sentiment was decidedly bullish. While there was frs telling by longs on the way up, th finish waa with net gains of to to ( on wheat, I on corn, to s to lo on oats end 2c on rye. At no time were wheat prices lower than the previous day's close. Strength In Liverpool and Winnipeg, combined with th decidedly bullish local sentiment so much in evidence th previous day, resulted in a ready absorption of offerings from commission houses qn the breaks. Each bulg carried vajues into new ground on th upturn. At the top May was up 10c and. July over th low of Wednesday, while the finish waa on a reaction of around lc to 1C from th outside figures. A house with seaboard connections waa ft, Pierce-Arro- oHtr-iM- Rta 1121 fi;stock, menu. lc lc y CHARLES D. MICHAELS. BOSTON, Turpentine, firm V9i aalaa XI; aotelpta, ft; ahipmeeta, 263; t Ptdiu tfcibmti $bpjpBio RAN8A8 CITY. 17. (Halted CITY, Mo., March Slates Bureau of Markets.) Cattle Receipts, beef steers aha aad 106; stock, steady to weak; beet steers offered (7.88; odd cows, $8.28 08-80- : meet -- lota uder 8890; good heifers, (9 8006.75; calve around 50c lower; beet grade res lore. $9.0008.50; other elaeeee slow, steady. Hogs Receipts, 2000; mostly steady; beat lights to shippers, $10 08; hoarier 6e to 10c d higher; packer top, $9.90; 228 to weights, $8.8009 90; bulk fhrowout sows, (8.30; stock pigs, steady, up to (9 00. Sheep Receipts, not c aough to make market; three toads aew Mcxlcaa lambs, (14.80; about steady. KANSAS COTTON 82, TTOFIMTIK. 8A7ANI7Airr1TiMarrh "IT . (d Merck IT. Cotton future T0RK, opened steady; March. 19.03c; May, 17 98c; July. IT 18c; October, 19.90c; December, 19 TS. Cotton futures eloaad steady: March, 18.11c; May, 17.95c; July, 17.83c; October, 19.84c; December, 19.98c. Cotton, spot, quiet; middling l.40c. Cot tea c to red steady, not 4 potato higher to points lower. - 38; 8; Oat and Cora. Advance. NEW , K0VET AMD ZX0HAM0K. NEW YORK, March 1?. Foreign exchange, Great Britain demand, trung cables, Mila on 'banket 4 33. France, 4 37; eixty-dncablea. 8 00.' demand. 8 Italy, demand, A. 10; cablea, 6.104. Belgium, demnud 8-cablea. 8 44 Germany, demand, 85; cablea, demand 87 72; cablea, ft? 75. .85. Holland, Norway, demand. 17 40: Sweden, demand, 26 07; 21 00; Swttaerland, demand, Denmark, damand, 18 47; Spain, demand, 16 80; Greece, demand, 4 46; Poland, demand, .03; demand, 1 75; Argentina, demand 88.00; Bra 111, demand, 18 80, Montreal,, 88 6 18. fleeing ratee were: Great Britain, demand bill n bank 4 cablea, 4.88; alxty-daHollaed, demand, 87 80; cablea 17 88. 4.85. low, 8; ruling Call money, eaey; high, laat rate, during bid. 8; offered at Ipib, g. 8 Call loan a gal oat acceptance Tima loaaa, eaaler; aixty dare. 4H44; alg month. ninety day, Prime mercantile paper, 8; CKXCA06, CHICAGO, March IT. (Catted States Bureau ah of Marketed Cattle Receipts, 8600; stack aad hulls, steady to atroag; other elaeeee 127 beef 95, steers, (8 eteady; top weight pouado; hath beef eteere, $7 2508.00; fat eows aad heifers, $4.7808 28; hotogaa hails, largely (4.0004,25; hulk veal ealvea. $7.8008.00. Hogs Receipts, 28.000; epeaed largely 8c to 10c lower tbea yesterday's etoetag average; weak aad 10c to' 15c lower; some lighter weights eff more; shippers bought about 4000; holdover liberal. Top, 810.50, esriy; practical limit, late. 810.40; bulk, 89.PO01O.8O; pig, i weak to 25c lower: bulk desirable RW to $8.750950. Sheet Receipts, 7000; slaw, mostly about steady; closing weak to lower; fat weeled lam to top, $15.78 to city bulchera; packer top, ( 15.60 u ahora iamba, top, (18.00) awes scarce; top. (9.78. 4T0tv 96: arere ' , , Live poultry, barely steady broilers, by exDressed poultry, steady ; turkey press, 90c. 2c. The beat bargains on the market today fully se lect ed foreign government bond. Those payabls in pounds sterling, guilders, Swiss francs and kronen .combine exceptional opportunities for appreciation, good interest and 00.00 apeeiul. 21021e. 5c: BONDS - , Special te Tbe Tribaae. DENVER. Colo., March IT. Cattle Receipt. 200; market alow, about steady. Steers, $8.75 07 40; cows, $5.0007.40; calves. $8.00010.60; bulla, $2 600160; feeders. $40007.26. Hoga Tap, Receipts, 8000; market steady. (9.80; bulk, (0.8509 68. Bhssp Raealpta, 9800) market lOo te 28 higher. Lambs, (14 00014.86; yearlings, (12 60 018 00; feeders, (18.00018 80; awes. (8.60 Wc- INDCBTRIAIA Utah Idaho Sugar. 200 at 12.30. 10 at 62 CLOSING SAUM. Bingham Galena, 4000 at He. Eureka Lilly, 1000 at ftc. Gold Chain, 1000 at 6 He. Iron King. 1000 at 3000 at AVe. Uhl Tinttc. 1000 at 2c. Michigan I tah. 2000 at 2fte. Provo 1000 at Victor Mining. 1000 at 2c. FOREIGN GOVERNMENT BUYER. Cheese, firm; state whole milk flat - at . bolofna buHa, A00fil.50: libt veal calm, H. 0007.00. Hogs Receipts, oner ; market steady. Choice 225 lbs.. $9.78; Klme oftop fat hogs, 178 tofeedere, sales. $9.8589.85; $8.5009.2$. Sheep Receipts, soar; market steady. Uood choice lambs, $11.00812.90; choice yearlings, (0 0009.00; fat wether. (4.6007. 50; feeder 84. 4005. 50. Milling Demand for Cash Wheat I Improved; Rye creamery higher .than extras, 4014041c; creamery extras, 89 040c; creamery firsts, 870 89 Ike. . firsts, Eggs, firm; freak gathered 2r iNortli fttnndnrd, lOOO at Bc Frioc. 5iO at ftr; 20u0 at 7&4 Mia- - Cattle Ra id 9088.78; rood Mean. (5.2309 00; fair auera, (4.0005 00; choirs cows and heavy heifers, (4,500 8 28; fair te food cows and heifers, 88.5004.80; cutters, - (2 0008.25; renders, 81.8002 00; ,fat bulla, $2.8008.60; NRW it , free buyer of July, which went to 17t under May at on time and thdr were Intimation that th purchaser represented hedges against sales of new crot to grain Germany Tor deferred shipment. The difference widened outtoward the g laat when general commission house appeared. Crop reports were rather favorable, although green bugs are now spreading rapidly In Oklahoma. Milling demand for cash wheat show improvement and mill were free .buyers of May at Kansas City. At Minneapolis flour sales were larger and sample values higher a a compared with May- - .. Local milling sales were (006 buahelw and 25. at an eastern iaka bushels, Manitoba port being sold to go abroad. A Chicago cash handler who haa made aa extensive trip through Europe was out with a bullish interview on the world situation. Germany bought around 1,000,600 bushels of Argentine wheat on passage. Liver lower. pool closed 2 A leading local professional wAs a free buyer of corn ana with wheat strong an over thq previous to advance of day's finish was easily attained the fin c from the iah being on a reaction of top. At the outside May was up 4c from of the low of Wednesday. Receipts cars were tbe smalleat seventy-eigIn weeks and with Industries buying the c on the May. Shipping cash gained sales here were 30.000 bushels with 300,-0bushel sold abroad from th sea1 board Cash houses sold oats freely, but the more than offstrength In other grains set this. The finish was about the top. ' Borne export business was under way at the seaboard with sales of 300,000 bushels Canadian at a relatively low Sample price were firmer price reported. with the May. Receipt aa compared were atxty earn Local ahorta were free- - buyers of rye and there was also good buying by bouses with seaboard connections home export business was put through, but ths quantities were not given. SALT LAKE LONDON. ounce, LONDON March IT MONEY. Bar elisor, $3d per cent. Discount rate, abort bills, 8 per three months' kills, $ T 18 per cent per Mowey, 8 coat; .BAR 2ILTBR. NRW 941 YORK. March IT Marina deltaa Pucelg 89. bar aUvet, .The Secret of Good Health Assist Nature back to normal action . Take yean. When Nature require aasiatance, he will not be alow in conveying to you an intimation of the fact Decline of energy, inability to aleep well, head- -. ache, biliouineas, constipation, a general sluggithness tof mina and body and any sign of digestive unrest" should impel you to leek the aid of a reliable medicine without delay There it no better no turer no tafer than thit proven remedy. PElt ft. dwip Hey; building. Hebcr J. Grant & Co. 8m Mr. Young E0UTHMAIN w'V sou . everywhere in hoxer , TTT)S .1Jill! ' ( .ci) 10c-12- plllt 25c-r40- pia. SOc-M- pillr |