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Show HIE SALT LAKE TRIBUNE, FRIDAY MORNING, MAY. 12, 1922. Orders to bogin operation at the Utah Consolidated Mining company rropertie and at Tooele have been re coivod at the local offices of the corporation, Preliminary work, which ha been parried on for the' last several weeks on a limited scale, will be increased until Bometime in June the companys new flowill be operating on tation plRat at Tooele capacity a'ale of 1000 tons dally. Forces and mill, it is planned, will at the mine Trading on the Salt Lake Stock end gradually Increased until, when caoperations have been attained, Mining exchange yesterday waa slightly pacity ITS men will be employed. as regards volume. Prices held about at Bingham will Improved tOre from the property the sama Tlntlo Standard approximately at flotation plant be transported to the Tooele by aerial tramway, a distance of moved In good form, 1100 shares being sold new of the four and a half miles. Testa at & Silver King Coalition, an trading hiilT lead official of the company to of 1000 shares, declined from an opening lteve that a recovery of 9ft per cent will 07 to a close of 12.06. Fifty shares bw attained. The ratio of concentration at will be seven to one. Concentrates will be of (Daly were sold at 21.10. During the Mauled from the mill to the International call for unlisted stocks L. R. Steel Realty few hundred smoker, a distance of aFrom Development preferred was traded tha stands railroad cars. yards. Inmodern equipment and efficiencya In for the first time on the exchange. point of In point of the number of sales made, operation, tha mlU la said to be Emma, with 12,000 shares sold at to, was model one. . annual laat - According to the company the most active Issue on the board, AlM7, bion, with 0000 shares sold, was a close there la in sight in the mine of copper ore averaging 1.97 per V: nf an npnce of silver and year In April (Trents In gold. Lastcurtailed by the 4c, Iron King et llo and Eureka Lilly at operations were greatly of th. to. Quotations follow: condition 7 3-- 8 Cents of the company because LIBTBD STOCKS. foetal market considerable Important evert heleee, Bid. lAakad. A development work a as accomplished. was Stronger. Tone. .04 .04 Aits Bleb force of mechanics and electricians .00 Star also and Astelope employed on construction work, "oi" .04 Cos pump men, hoist men and repair men, to Aits .00 Alts Tiger keeif the mine unwatered and the work, Amer .02 Cos MUra (EJjintjflr ins; In good condition. .11 .10 Albtss Urns done on the lower Amer Metal Mia Co .. 'Exploration work was .01 .00 On continued. By CHARLES D. MICHAELS. levels of the mine Alts Tunas! 18j .14 CHICAGO, May 11. May wheat showed .06 lje J: 00 level east tha main ore ehoot Bullion .09 .... 4a the upper limestone was drifted on for Big Bill ' .OS congestion. Despite deliveries of 1.203. 0S '.04 leet, averaging 2.7 per cent copper, Big Col Cost I bushels on contraota, prices advanced !oo tv lp of an ounce of gold and .48 of an Bssvor Coppor .00 Continuation of the same Bsy Stato taadlly. They closed at tha top with a mjnce of silver. followed 1400 level on the '"07 ore shoot waa Blsek Metal net gain of 7 The deferred delivfeet, the aasay Bingham On Lens . .... .01 for a distance of fifty-tw- o eries advanced to 3c In sympathy .02 of an ounce Cent Bkitvka .00 being 2.2 per cent copper, . Cedar Tails with May, Reinstating of lines of 'corn yf gold and 1.77 ounces of sliver. Celumboe-Bexal- l were . . , the , Improvements year .during, .04 .08 I 0,1 out on tb recent buUcJThe Atrenglh. Cslorsda Con wade irt the equipment, and arrangement I in. wheat .OS .08 factors were Crown Foist gave that grain a stronger tone. of Important operating 1.00 Cardiff .04 Tha finish waa e to lo higher. Oats gjianged. In the vertical shaft signal, light Croff .......... .00 head and power cables were Installed: tha were up to and rye 2 took .01 Cott ..... King above the was Craig framecompleted to Sc. 2.00 Daly level, and the hoist that waa formerly Daly no At waa time there West 2.00 any material In liked7 at the was shaft place. put 10 pressure on the wheat market. Buying All the ore from the lowest workings will Dragon Ooa . of All 00 was Demijohn scattered. classes of May be hoisted through this shaft to the 1600 nuns Bllver .. .01 .02 traders ware on tha buying side. level, where It will be trammed to the ore Empire Minas . .00 .04 Offerings were light. Sentiment un bln of the main shaft. A B Ball ... 1.88 derwent considerable change and many The Nordberg hoist for the main shaft, Emerald I of 0 .01 the pit element, who have been talk. was tons 1000 fclth a capacity of per day, Eureka Miora ... .04 ? bearlshly of late, turned bullish after ling get up and tested. Crown Feint .02 I market started upward. There were tha 8 tun- Bast Tin Coni ,. x Transformers were moved to the of Installation and house nel transformer Bast Sin Cow strength In May, In the .face of the big switches, lighting arresters and wiring Baraka Ully ... c to dellverlee and the advance of Baraka Bullion Completed. 1 te In Liverpool, attracted much at were laid from tha I tun- Gold Chain ',f'ower cables tentton. Grand Central . nel to tha 1000 level. The bulk of trade In July waa of a lo1 6r bins on the 1000 level were built and Great Wsstora . cal character. The surplus was .taken Galana v , bln with gates. equipped off ths market early. Short covering Hamburg Minas Bowall became general on the way up, although Ins Blaasoaa . there was little In the crop news to cause iron Kit any uneasiness Receipts were 422 cars. ..,3. d" StUl Judge MAE;. Milling demand was only fair with pre. . Keaaebee .. Of mi miums at Winnipeg lc lower, while MinTtntla .... 'M1 of the copper plants of the American Lehl neapolis ahd the southwestern markets Leonora were higher. Smelting A Refining company In the Lyaa Big Bis , Coarse grains derived the greater part rbited States have been placed to opera- Mammoth ...... News Boaton of their strength from wheat. to tha tion, according Buying Hill .... was the single exception of the Miller mainly of a local character and the May outside Interest continues limited. Sen Monterey smelter, the Mexican plants hava MoscowDay a vo been put Into commission. tlraent, however, is morn favorable to UlcUlgea-Ctathe bull slds and exporters' were after By the first of July the Osrfleld smelter Mont Blag ... much a should be running at both corn and oata. Receipts were 161 higher rate New Quincy .. of capacity than for more than a year, as Nall driver .... cars of corn and 119 cars of oata with t'tah concentrates will, by that time, be North Standard firmer as compared with the premiums pouring Into the plant for treatment. This O K Silver ... May. Deliveries of com on May consmelter did mot close down during the gen-gr- Opohaogn' . traots in car lots had a depressing effect copper CTirtallmeot. Pintua on ths May and it finished about The Hayden smelter, handling Ray ConPrlnee Con . under ths July, against la recently. Ploeha Bristol solidated concentrates, and the eopper Houses with seaboard connection were of the 2 Pass smelter, where Prteo Mining , buyers of July rye and folpersistent concentrates, have resumed Provo rhino ships tts lowed the bulge with buying orders. EH Paso also rnntfts lead-all- -' Rice Arg operations Some scattered liquidation waa In Heeds Peak Cos . -- r ores, upon which It has been busy South In the May earlv, but offerings Standard .. throughout the peat year. were absorbed. The seaboard rereadily .08 .03' 'Work of enlarging the refinery at Perth SePto ported a good demand from abroad with .00' A mboy has been started, this being nerea. Syndicate .00 sales of over (00,004 bushels. Silver King Coal 2.0l' 2.07 ixy In order to handle the product from Silver King Can .68 .40 smelters, now being the' Phelpa-Dodc- e teus Mines .... TRENT uouxmzs. .02 .08 n lima shipped to the Nichols refinery st Laurel Swansea Cos , .01 .02 (A Reported by 1. A. Hogla A Ce.) Hilt, This contract shifts on October 1, Sliver . .00 and calls for capacity up to 10.000 tons a Tecooia Shield BANK STOCKS. ....... month. ! Tar Baby .... .01 I Bid. Aaked. v.Tha Perth Arnbov unit will probably be Ttnde Central .01 .01 maSeed exclusively upon Phelpe-Dodg- e Baakrre Treat Tlntle Standard 1 07 (180.OOillSO.GO 2 02 terial on a toll basis under a three-yeColumbia ' Truet Unala Bam ..... .... 01.00 .61 .08 Dear ret National .. I 270.001 278.00 arrangement. Ate the expiration of three Utah Con 00 .01 Phelpe-Dodthe National Union Chlot I First corporation sf 110.08 Ogdea may, .42 tsars option, lease the plant for n long Victor Cos Deaaret Savtuga 188. OUi. .08 term of years and conduct Its own refining Nattosal Beak at BepohUe.,.. letor Mining ........ .... .. 240 00 .02 4 tT II Srt, Gain; Grain Take on Jholff tJrihme, 2c l-- (-- to l-- 10 ;k " - -- . American Smelting Copper Plants Are Operating th ' I k , al 3c ': . ar operations - fruits and Vegetables Register Lower Prices , " CHICAGO, Mav HI. Heavy receipts and lower prices continued to prevail in fruit and vegetables during the first week In May, according to the report of the Cnlt-tStates bureau of markets today. The movement of old potatoes continued heavy and most lines of new vegetables eeee coming In at a rate considerably In excess of last season's early movements. vtThe most prominent feature of the to one-ha- lf week eras a decline of Jn tha price of strawberries Potatoes Also suffered a drop k tha middle crest. i, The prices of onions, cauliflower, tubers and spinach remained praotloal-y- . unchanged. ,Tjh slump In the berry market was due largely to heavy shipments Arkansas strawberries ranged from M to 24 per esse, of the advance noted la .potatoes the previous week was lost bo. the close of this week's market. Shipment for the week Included 11(4 cars of new, potatoes and 4204 cars of old po-- ot one-thi- rd cu-u- , twenty-four-qua- rt Waat Toledo Walker Mlnli 44IS44S Wood lawa Tankas Oos .... Cams m,,.. Itf p( OS I t.Oft .07 .02 .07 .08 20 .08 .08 .08 OPENING BALBA AIMS, 8000 at 18a Crewe Foist. 1800 at Is Dely. 80 at 21.W. Basis 1R808 at 2s Howell, 2400 at North Standard, 8049 at ds Prlnee, (000 at 4s ............. Natkmal Copper 130.00) Bernrltv giale Beak ... .... loo. tan 128 001 Utah State National Utah Savlnga A Truat ... ... 06.00) Walkera Brua Banker 4., , 234,001 Elos'e Bariaga' A Trent ... 200.00) INDUSTRIAL STOOKS. Great Improvement Seen in Copper Market Outlook CHICAGO, May II. Wheat went soaring in price today, and for May delivery showed an overnight gain of 7 cents a bushel. Enthusiasts for a higher range Showing of values contended that the heaviest deliveries likely to be witnessed here this month had been met, and that todays Holdings $3,000, results were evidence that beats had lost control of the tnarksLrfloslng quotations Ck)0, woro strong, I to 7 cents net higher, with May (1 45 to tl.4o and July 1.26 to 1.27. Corn finished to 1&1 cents up and oata gained 0 to cent. In provisions, ths outcome varied from t cents decline to 74 cents advance. It was a runaway market in wheat today, especially during ' the final deal By ALEXANDER DANA NOYES. Ings. Leading owners of contracts callNEW YORK. May XL A general but ing for delivery of wheat this month were credited with adding to their holdings very recovery In foreign and with having put to a great disadvan- exchange today, bringing continental tage traders who are short. The latter rates up ar small fraction, but nearly have been making herolo efforts to bring wheat here from other big centers Kan reaching tho 4.45 rate again for sterling, sas City In particular, The shorts suc- may possibly have Indicated the mar' ceeded in delivering 1,200,004 bushels on ke's view that something positive may May contractsthls morning, wlththe aid Htope4- Russians of a reoent emergency ruling, but traders have made their answer. The move' who on that account looked for a lower ment was, however, apparently of a ten' market were promptly disillusioned.. tatlve character, reflecting the speculaScarcity of wheat offerings in the trad- tive attitude. On the stock exchange the uncertain ing pit became quickly apparent, and with talk current that much of the wheat fluctuations of the week continued, with delivered would soon be loaded out on extremely Irregular net changes at ths vessels for shipment east, the market end. The only novelty was provided by 4 to 1 tended decidedly upward the rest of tha advances'1 running as high steel points in some of the independent day. Advices that the allies had approved shares. The bidding was naturally based on and statements to the that that amalgamation of an Argentine credit Germany the Russian answer at Genoa was favor- certain of these properties was about to able to a better understanding with other bs effected, but It was hardly a moThe steel merger European powers, counted also In some mentous movement. of d scounting on The market has been in degree as bullish factors. showed more activity than has been the the stock exchange for months and without observant financiers that convincing rule of late, but notwithstanding the In prices, the aggregate of a' startling overnight enhancement of valsharp upturn reached no extraordinary ues was at all a probable result of it. transactions Perhaps ths most Interesting fact about total. their strength today's weekly federal reserve statement derived and oats Com was Its showing that, for the first time from the action of wheat. ths syktem's actual gold Provisions, except pork, averaged lower In Its history, holdings had crossed the 3,000,040,000 In was Trade pork with hog values. line. Such an Incident Is one of the negligible In amount. landmarks of ths present extraordinary RANGE OF THE LEADING FUTUREB. currency situation In the United States and in the world at large. The present gold holdings are almost exactly double what they were in armistice week of November, 1918, and, taking the United States mints estimate of about for the gold monetary stock of the whole world, the federal reserve now has In Hs vaults a little more than 40 per cent of that total. At the end of 1917. on the same basis of reckoning, the federal reserve's holdings made up only 20 per cent of the aggregate. Reserve Statement Gold of 000 Features Market Pries tt (s' 1000 Bihar King OmL, 180 at West Toledo, (084 at Earns 2004 at (e. $201; 00 01 41. Corn, No. 2 mixed, 088e. Oats. No. 2 white. 88 40c. No. 2. 63e; No. 2 yellow. 82 4O044c; No. (1 05. Hye. Barley, a aalee. Tlmothv oeed. (I84Q8 00 Clover oeed. (12.00Q 22 00. Pork, noailaal. Lhrd. (1122. Kibe, (12 80618.54. 160.00 INI 110 140 00 108.00 288.00 RAILROAD BONDS. (As Reported by J. A. Ilugl A Bid. at (s UNLISTED. Ltttle May. at 8400 at Dev. M.. Bealty CLOgINO BALES. Banks Lilly. 1800 at 8c. 600 at lie. Iroa Lahl Tlntle, 8000 at 800 st Pave. 2000 at Tlntle Standard. 1100 at 82. L MOO 1L Steal Kls, 2r; 2e. 2e; It. I at (38. Bs two-thir- ds S08T0V OOFFEK CLOSE. 2 while, INDUSTRIAL BONDS, . (As Reported by J. A. Hogle A Ce.) Bid. Aaktd . 91 92 Ama gmelttog A Ref Bu 1947.. 104 108 Anglo-Am- n (Ml 7 1925 . 108 108 Auaeoodu Copper 7 1929 108 104 Armour A Co 7u 1980 102 108 Beth Steel 7 1988 90 94 Bneh Term Bldg Ta pfd stork.. 116 15 Cerro da Paeco 8a 1981 107 107 IM! Du Pont 7 118 118 Goodyear Tire A Rub 8u 1911,. 108 104 do 8e 1981 108 106 Kens Copper 7a 190 108 too Krlly Bpring fid Tire 8s 1981.. 105 104 1980 Morris A Ce 100 108 Pao Gas A Elec Te 125 101 101 1980 IT 8 Rubber 7 104 1025.... 104 Sinclair Cons Oil 107 108 1981 7a Calif of 8td Oil (As Arts Cool Bingham Minn Cnl A Arts ... Cal A Uecla .. Copper Binge Daly Went ISint Butts Davie Daly . .. Hancock ,, Indiana ... ... 0 WE RECOMMEND .... .... V 3 The oil owing ' securities for list of high-gra- Investment your .fond: 'I' Utah Power A Light Cs, 2022, ,41 ,,, , Paris Lyons Mediterranean 4s , ,14 ' i " Province of Alberts .. ..at s a Newfoundland J, Utah-ldsh- o Psolfle i ;; 1962 Vis fj't, 1942 Sugar Ta, Tol. A Tol. 1952, , .143 ...101 1930. .94 Co.'a at Complete 's 96 Information on above and other sacuritlea on the in- quiry. t U alt Lake City Let Angelas Ogden JL V aa 1 i f 7a . 7e (alia Lake Ceppar Maaoa Valley Maaa Caa Mick Copper ....... ....... ... .............. .... Mohawk MONEY AND EXCKAN0E. NEW TOKK. Max It Grant Britain, North Bulla Ktplaatnf .... North Lake New Cornetts Old Doptnloa Pood .... , eassA8seahseo sVooee Miray . thattnek .... up A Boetoa Sup Ooppar M4((Mt8(tSr Trinity ... Tuehusae . M , Utah Apax dA seOMSMtllirri 4 a a eesgoee a Utah Cue Utah Mottle im Uil7 8 8g(gktRHt (i(HM(Mt9( COTTON NEW 11 Ga . May Turaeatlna. oslee 200; receipt 888; shipment steady. Rosia firm; sales 1043; 8; stock 8484 eelpta 1228; shipments 282. stork 83 121. Queto! B 4 00; ! 4 08. 111; 0 R I 4 K (.80, M (.80; N 810, WC (.00. WW SAVANNAH, 82; 22; OIL r. t I 4 i op-n- tober 19 18r Cotton 4; MARKET. Mar 11. Cotton TORE. fatnren ateady; May. 18 88e; July, 19 28e; Oc19 2r; Drrnmber, 19.23k; January, future ekmed ataadr; May. It Me; 19 Me; Oetober. December, 19 640; Jnlv. If Mr; January. 1048r. Ipot ootton. steady; middling, folks, 108 108 101 102 108 91 108 98 108 107 - nt government Lake Valley New Plant : hr Ready Operations CKIOAOO PRODUCE. 7 For 44; 4; LONDON WOOL BALE. LONDON, May 11. There were 10 881 bales a4 weal offered hen for the wool auction aalee I roe Bloaeom I Boer New Cornelia Key Douglas The demand waa active and general, Maos today. and certain grades dlaplayed a hardening ten- Ohio Copper were practically all Oneee . dency, bnt the nfferinv Verde Ext sold without suoUbie chuaga th price. were opened here a ad awarded of local banker at 100.71. The pobllely offered tomorrow. municipal bond a eradicate It boade will be 1 CHICAGO, care; total ""potatoeiT May Potato, receipt. United gute ahlpmeato. T08: . PALMER Band Ca VMortgpgf 48 a 1.(00 inched and bulk round white. and hoik round 188 ewt. ; Michigan tacked ewt.; Id bo eeeked Rural. white.ewt--1.8001.70 o Spaulding 81. 75. ; new stock, steady weak on Bliss Triumphs; Florida Bpenld-In- s No. 1. doable-beade- d 8 80; barrels Rose So. 2. 4 25414 80; Alabama Sacked Triumphs No. 2, (1.5002.00 3.5048.85 ewt.; No. 1, ewt. Buk Bldf. Phone WMAtck 6888 410-1- 0 Walker Sound Investments. FOR LEASE r - Business Properties V- - Mam Street Near Second South, beet, avsilable location for high-clas- s retail store. Elegant display window, well equipped, large mezzanine floor, full basement. leaoo. Long-ter- Jo Second South t3 100 feet west of Main rental. - Urge storeroom at very , Automobile Salesroom auto- Exceptionally good location. A mobile salesroom with gartgo And repair shop in . connection. d Warehouse . . t fireproof warehouse, well located on Short Lino tracks, 32,000 square feet of floor space. Will lease entire building or each floor separately. Three-stor- 13 ' . . y Central TEruet 8; 8; 4.4C4, 4; 2j Years On 109 17 cademand, 4 n banka, 4 42. bill bin. 4.44; BOSTON CURB CLOSE. France, demand, 9 18; cable. 9 18. Italy, demand. 6 80; cables. 8 81. Belgium, de(Ae Reported by J. A. Hogle A Ce ) mand, 8 84: cables, 8 84. Germany, demand, ) Bid. Aeked. cables 84. Holland, demand, 88 80, cables, 28.88 Norway, demand. 18.50; Sweden, Bey Stele Gas l.. 28 80; 21 28, demand. Denmark, demand, . Bohemia wltaorlaad, demand. 19 27; Spain, demand. Boetoa IS 58; Greece, demand. 4 18; Poland, demand, Butte A Ely London .. (areho-gloTikldemand 192; Arfra Hinton A Montana .03; tins, demand. 88 37: Brasil, demand, 14 12; Blech Hawk 8 Montreal, 94 Canada Copper .... ratCall money, easier; high. low, Chief Coe ing rate, rloatng bid, 8, offered at fee Cop Mines ... last Uwa, ( eared . Call loans again! acceptance. First, National Ttaee toaaa, ateady; slaty day, . ninety Gadaden eta month. day. Iroa Cap Prim mercantile paper, Jerome Verde 4; 8. TURPENTINE. 6.9004 tirhani, do N Y 7a 1911 Swift A Co 7a 1925 United Drug Co 8a 1941 Va Car 5a 1928 West Elec Ta 1925 Ta ltot W estingliouae 4; Croak Shoe romlsa tlxty-d- r Genoa Qolney tt J. A. HOGLE & CO. Pocatsllo Hiked Creak do pfd lala Royal Karr Laka Domestic consumption In 1921 was officially estimated at 572.000,000 pound. Assuming that this country. is now oftaking cop- the equivalent of 0.000.000 pounds per per month, home mills are now conof rate red the at metal the suming pounds a year. But it would hot bo surprising If tola rate of consumption Is exceeded before the year 1922 ends American copper requirements and exports are now on the basis of L70O.00G.OO pounds per annum ,aa against 1.169.0U0,-00- 0 of over pounds In 1121, an Increase pounds. However, U would not be at all surprising If tha combined home and foreign demand reached th rats of 2,C0o.-00- 0 ooo pounds per annum before ended. --- In With --ths remeriaOble developments exthe pig Iron and steel markets, the In revival In pansion building, the marked the automobile Industry, and the specific and cumulative broadening of business generally, particular interest la beginning to focus Itself on copper. f CHICAGO, May H. Batter, lower; creamery The new mill of tho Lake Valley Mining extra. 85c; tints, 21034c; seconds, 27029c; ready company out of Ely, Nev.. Is nearly Mndards, 28e. for Its first run, according to Information nceipta, 28.924 eteee; firsts, Eggs, received by the Ely Dally Time from Jdhn 24025c;higher; ordinary tint. 22022; ailncel-it orag peeked extrae. 28 neons. 22034e: N Jmemus tests of tho Lake Valley mine fi27e: otorage packed Hr. 28028c. fowl. 28e; broiler, ore were made before the plan of tho mill alive, higher; Poultry, - wan decided upon, and it Is the opinion of S8045e; roosters, l5e. will go that everything tho management usual have adjustments smoothly after the been made. Tho mill to constructedandin ata wav that it can be easily enlarged a minimum cost. The company will, no floubt, have Occasion to handle considerable custom ore In the future, and, when this time arrives. It will be an easy matter to Increase the plant. capacity of the According to reports of men who nave VaHey property, it hae Lake the Inspected ore a substantial tonnage of excellent end blocked out ready to be broken Smith to confishipped to the mill. Mr. time prove a big dent that the mine will In been omitted In ha No detail producer. with every facility equipping the property economically. The to handle the product from aerial tram will transport the ore Sound Security the mine to the mill at a very low ooA and the companr should show an operatthe from beginning. ing profit So tar as regards the statement In genbond market DULL. eral, the further striking change for the This Is tho opportunity open to NEW YORK, Mey 11. Bond were Seel tant week was a decrease of 34,700,000 in remore nd of 14,200,000 in note cir- and dull today, bnt to tbe main reflected all discounts of list. stock Virtually the discerning Investors in ths culation, a movement which .'may prove etabtlttv the closed et aonilnat aeceetloes, and that trade Is not using more credit for the Liberties or firmness show to toeue 0 per cant First . MortgAgg foreign its slowly increasing activities, but which the only were especially the shows that, if anything of the kind la strength go. of th Salt LRka 0 Utah Bonds 4e end Uruguay happening, the private banka are abun- Mcxlcae farther realising Local utilities jar way 7 and Traealt dantly able to finance such requirements sale, notably Brooklyh RgUroad, dut April 1, 1M4, t Rapid out of their own resources. Presumably Consolidated Ga 7a, and Interboraagh Metropolicontinued 89 and accrued intercet. foreshadows this fact easy tan 4s al'O easing. ' z' money, even In case of a considerable More than the uanal number of railway wat broader acope business recovery. wan traded In. but the &end for descriptive circulsr The export, figures fn todays cable arret toned hr I screaked telling. Bt. Paul IsPeoria sad statement of Englands foreign trade aacs. also I boa of low Central. Kansas A Text a, statement for Atril possibly throws some Eastern Illlnot. Missouri. todsy. Atchison and Erie.. were under pressure. .Total light on Lloyd Georges determined strugvalue) aggregated (1(.47.000. cent gle at Genoa to reopen the Russian mar- saleBldk (POT for $4,223,000 Cltv of Boatoa ( per ket political coat. Ths total export of British product was In value considerably the smallest of any month since September; except for that month and 'four preceding months of 1921, the Ce ) April shipments were less than at Any of 1919. This deAsked. time since the spring crease from other recent periods Is not attributable to Ruasta. Even as compared with prewar years, the .shrinkage of England's trade with Russia has been small when compared with the shrinkage In trade with Germany. British products shipped 'to the German market In 1921 were valued, despite the rise In prices, at 22.800,04)9 less than the shipments of 1913; the decrease in consignments to 9,444,900; but the Russia was only prevalent idea seems to be based on the fact that Russias present requirements for reconstruction are prodigious, and that British trade should nave the chance of supplying them. It Is difficult otherwise to explain the evidently serious talk of a huge foreign loan to the soviets. In ths other aspect of ths British trade statement, its bearing on the international balance and the rats for sterling, it will be .seen that th surplus of merchandise Imports over exports for April, although the largest thus far In 1922. is still far below the month's showing last year or the year before. tatoes fwlft 'Onton prices remained firm and sweet Advsatore .... fritutoes were irregular during the week. Ahaoek .... i, .... ' 1921. 7,600,-000,0- 4s $3. Oft. u, "official-equivale- 3 Go; Throu $i which is operated ' EdDSmith&Sons . ' Ing. -- u x Copper market conditions are Improv- The volume of turnover Indicate that domestic consumption and airport demand are now on an encouraging scale, and the entire Industry Is on a much aounder basis than twelve months ago. rays the Boston News Bureau., Home shipments for the first melting and foreign four months of 1922 have taken close to 650.000.- 000 pounds of American copper. The foreign shipments atone since January I have been at the rate of nearly 2.000.- 000 pounds a day. Exports of ooppar for the first four months of this year are estimated at about 50,000,000 pounds more than those for tbe first four months of Improved price of silver la no doubt due, according to the Financial Review, to the Chinese situation. Demand at present 1s undoubtedly due. chiefly, to disturbed conditions In China, but there ere further elements of strength in the improved trade situation of Indie end the curtailment of melted-dow- n silver currency suppliee from the continent of Europe. At present Indications are that continuation of frnatllitles between the Chinese generals, Chang and Wu, will most likely result in larger silver demands from that country, and even the victory ofPel-F-either side, end especially of General Wu would create e much stronger foundation for higher prices. The advance to 71 cento on April 19 established a new short position among dealers In New York. This position Is undoubtedly responsible- for the failure New York of tho price to advance or even reach bid. London ' the The government, under tha provisions of the Pittman law, has purchased during of domestic siltha week 4,581,04 ounces ver at ths fixed price of 99 cents. This la probably the largest purchase In any weekly period since this law has been In operation. Combined total since Juno 17, 1920, la 107,861,358 ounces, and 20,848,470 ounces since the first of the year. Bal ance of order to 100,138,(44 ounces. toRUvar 'dollars coined during April out taled 4,995,000. Tho mint also aurned 500,000 silver pieces for ths Colombian Main at First South , |