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Show 1 THE SALT LAKE TRIBUNE, SUNDAY MORNING, MAY 10 1922. 28, j r- SHORT COVERING CONTINUES An Income for Yon That is TO END OF MARKET SESSION Oils, Steels, Motors and Tobaccos Feature Activities on Wall Street; Gains to Five PointsDiscoveries on East Side of Collapse of Price Comes Subjected to Profit-takinBefore Time Set for SetDike Lends New Aspect Dependable Regular Safe - Are Your Valuables Safe? g. f of ore on the eat (to Ontario lamt lends a new aspet for the Ontario hiher fo the oiKtlook Miring (ompanv, ao ordmg to the anto MockhohKm nual rapoi t jpster- uay. This Lp t is nmmentfd favor, bK up$n h tieneial Manager Ernest General Superintend nt Newton A Dun on expresses the opinion that wrk started 1, the Ontario company tothd daat of the fault In frgin tenl-tor- v should open up a new mine Regarding the work started on the east side Mr Bamberger says Development work on the level eat of the Ontario fault ha red an excellent gatie of shipping work has been done is or$ Notd enough ei to tern me Ha extent but de elopment of the ore shoot is n the 40u foot now be ng (uirud on of i Ram-befg- TAA-fon- -t level, )cel DtOO and KenMont el Ion foot iml,it n 1200-fo- leo! be some t.rne, will however before the-tl eir objectives Hook but the oi at present is most ng lurmg the current venr it is the intention to push development work on the 400 Uhv, roo, 1200 and 10 foot noMh south fault levels rat of the Work w.lt at the Zones lo be done m n,fWf-fn'oot level point m the diam tunnri The pinmi-foc- t point a cording to Mr Dmivons esMinat. is about 14 (HI f r t cast and J"o ftrt lower t fa e of the tl an the other will reach levels Contracts. NETV YORK, May -- iie-cn- lev e! DHTDVtXT, The r -- ft llft ft 112 1(M 1929 -- 6.1 t rich Rublur DvinetMe OI! S ! Perce tU t ms'ciI Hi I 5 j H O N 1lt bl 4 44 L , inn1, 46 common Xmel 4, preferred ' TV estrm X2 iis t 3lh I.t Pa' IS9,. . . f DM 77 108 1, 7 fi 9T 97 111 101 Dft 82 10 16 loA DU Xs xb j UIHD I N D 91, 76 iu2 m 12t 1 193 WE WILL BUY WALKER BROTHERS BANKERS A Tower of Strength 92. flcporU d t'T Baakcra 1lruf I f Un a 1 i.t Ieaiet N 1 irt I I 52 j, lon1 U6 76, DT 66 66 Trt ft6 D8 . 97 88 88 88 DM . f Ogden 99 Dga it 7 M . 99 X ) 94 in I I B Fuel 7 pfd Wa'ker Br' Dry (,.Ma ROMA P 8) ! lu MX 3I on j n n. 8ns, hi , rt MAS no .8 rrf In It j I ie t no d vo ' ' . v V pper OO 1,1 I, 74 7 91 9S Al f x ')m a tin ,j 5, ana (.a 7 ane Sijg deh 8 da deb 7a 101 ik y u ar Sinclair Oil iv , .... 88 99 - i k; ill i :U- t 21 12 21 12 IIS 118 630 22 H 21 12 lift j ' 680 22 118 94 412 80 443 no; te adj a do ref 4 Tidewater O Tb Product Anion Par ry in do ref 4 s nion Tank car 6a 9 onoi Asssyers, WeLoanloney j 18 93 412 443 nss pi. Asked 194ft ft 5a 1947 Br.it'1 4s 1900 f rl - ree loan) . Ho fts I9u3 . . do fts 1908 , Buenoa Aires fta 191ft 44 (large) . , do 5s. 1915-4- 4 (email) tk ifs f 106 j ' 4 91 91 9ft 7 117 91 D4 9! j N Total aalra of hord compared with flft 737 a rear ago )da , AS Kft ( HD r 43 Winormo t Mt DM 60 Wt (0total I and bu Muhlgan h'l 6 t - k Mtipmn, nn i rreipt hrH. fti round $1 roiiD'i rura'a hrarded S2 n ( k.i him -- rtp n ked a ldh ajtked branded $170! Alabama a ("t Idaho 1 ' toda wer $7A12(8g), prey ous dav nd hoi TOO POTATOES Xlar 27 Po'a(i $1 8 w t H nt x No tri'impn rwt ,jn rk gj a ked HIin Teia ft Oo cwt $2 u triuniph Florida Apauldtng f2 7ft iti douh No ( hedM ha rre $6 (mi uth arolma v oMh-u- i alat barrels 1, fow sales 64 Dm re 9M, NEW YORK V.- - NEW YORK Msjr frvsh gathered imgiilar f eeh gatherrd firtla - fitMta ,rOr I 2?z2 puiffr fowl 29r TiareTr dress d eeak Buttpr tra a dr std SroTr and or i m1 Itr reuve t est v Kejs '2 7 tin etc $4 , 627 947 fkwi 10i (hX n vault men hr Dan 4 $61117 (8)0, m. react e $9 i ' v r in- VGc unrbang I XAN8A8 CITY PRODUCE KAN8X8 !T1 Mo May 27 - Fgg and bt ,t ter unchanged, jwultrr hena 2r, br ilrrs ft lower. 4(8, for roosters 21c -- t. ' HILLERMAN & CO., 3140 West 38th Ave., Denver, Colo. 4J0amI r 64 Sonth Main St. 169 So. Chemists for 30 Years at West Temple, Salt Lake City OF DRAINAGE OF SALE DISTRICT BONOS. Notice Is hereb given that at an election regularly called and duly held In Millard County Drainage District lumbtw 1, In Millard county, Utah, on this 29tffv day of April, 1922, the land owners In said drainage district and those entitled to vote at said election authorised the board of eupervlsore of said drainge district to Issus adiltional bonds of said district In ths sum of 65,000 for the purpose of raising funds and money from the sale thereof to construct and to pay for the construction and maintenance of drains, drainage canals and other like improvements made and to be made, deemed necessary to drain the lands In said district and to conserve the public health and welfare and to complete the drainage system in said district, said bonds to run not less than ten years, nor more than fortv years, and to bear Interest payable semiannually at a rate not exceeding ( per rent per aniium to be called drainage district bonds It Is ths Intention of the board of supervisors of said district to sell and dispose of aatd, bonds foi cash to the hign eat apd best bidder; which said bonds shall not be sold for leas than 90 per cent of their par value and the proceeds of which shall be used for no other purpose than paying the cost of constructing said drains and drainage canals, and other like works, necessary to drain ths lands In said district Notice Is hereby given that sealed proposals for the purchase of said bonds will bs received by the said board of of said drainage district at their office at Hinckley. Millard county, Utah, until 2 o clock p. m on the Ird day of June, 1922, at wmrh time and place the said board of supervisors will open the proposals or bids and may award the purchase of the bonds to the highest responsible bidder. The Board reserves the right to reject any and all hide. Witness our hands hl 6tn dav of May, JAMES S. EMETT. 192. President of the board of supervisors, Millard County Drainage District No. 1, Millard county, Utah. Attest Joseph M Wright, clerk. A. A. Hinckley, treasurer. u2501 (Seal) NOTICE i -- in own vaults state banks and trust companies. S7 72 000, decrease, $76,. ms Hoscrve in dorooitarw trtato hank and 10 745,000. Inareaso Net ilcne id dnposilk, 4 ;o 852,000, r rpflsn 15 181 (H Tin doiosits 317,001,000 deoroaso 11- X.SA CuO - -- - - - 1C5 100 C i4 NKarrM-tt- deposito ooo, - dciln, tsd rwtre, docrcjn. 570 R42 154- O0 950 in rreatein ('.earing houne ATTENTION 3ork, not Inoludrd nlatmit dipcmnux. otr , 657.898,700, COfPEN MASKTT. Mar 27 The copper Market ha. tkoen PHliBw firnneee darla tk. peM week with tndey'e notation, for elactrolftte ranee about ta lie dllerd, troe wee vachaeccd. NEW YORK. Ue BUILDERS! - '1515,000. !1 023 440. lncieaA'1 sene, ft 11 S iinnian of s'ate Isirks and trus - V r, 1 from Service lieene Ixiatis dt-- ( reHr., 5 68 400 tlold. 5 659 6tH). IncrOAke. 2100 Currency and hark note. 15,876 oo, 44 600 decrease I topoalt 21 lth federal reeeri bank of 50r. middling, New iork. 55 467.500 decreane. 14.4t)o 31 Total depoelta. CKICAOO PRODUCE 67 i.Ji'O; decreaso, 8 26 400 CHK AOO, May 27. Butter unsettled cream Total deixmit elilmliiAtinit amount due ery extra. 84c, firata 30838c, senoda, .8 from reerve drivwitore and othtir bank atandarda, 344$34c, 426c, unchanged and trust rmnUamesi in New York ana receipt. 42 097 caaeaft Egf. I S. deposils, 048 635,600, decrease, Poultry, lewer, fowl. 24c, brcilera, 36 44c; roosters. 3 4c, 26 BOO 200 itenV.' cRh in TURPENTINE. Trust companies cash in vault, RAYA.VNAH. . 27 -- Turpentine, May firm, 91; Mle, 128, mcetpta, 279, shipments, , 4W:, stock 1000. Botin firm ; m)c. rwrtpt,. 14; thto- meet,. 2S0; stock. A5.0A1. 4M: K Uar: 4T; 4i 47; H 47nw4H; I 4094AA; S 00. U 3; N MO, VQ VootlS; WW MOaMO. 680, ( v.it g; Shippers $M - Vacant Lotts for Sale on Northeast Bench. Fine Location for Bungalow Homes Alio 205.-04- i0 FOR SALE OR RENT 2 Steam Shovels (one large and one and one gasoline operated shovel; or will contract to do your small) ditch-lustreet grading, highway or railroad work. Address Or rtuin-hnJi- ron'-pan.- COTTON MARKET NFW 10RK ( otten fuM res Mav 27 opened ftm July 20 (VV October 20 Aftc December . 20 W; January, TN2hc, Marrh 20 10c ottn future 2 i(0c cleed barely steady July 21 20 6ftc 68c, !e'etnbr, October, January 20 20c If arch, 20 08c. it ton pot ateadr Phone Wm, - In-- .72Sc Sscuritieo (Da. 'edernl $69 in federal reaerv e tank of Jo.O'Ki, increase. H'1 Rmulbpill gpHidiarafty . 204 oi.o eggs storage isckcd IT. CLEARING HOUSE STATEMENT. M.W ORK mav 27 Th a tual con-- 1 tmn ' tKe dranns hou banka anH trut ompanic fot the wek ahowg that thev hold $ix AZ" 44) in of legal re- an iniremrn'ft Thin t ,n frr n r? week imrean ofv $11 T t tdtT eqt fo) owfi rtrst PRODUCE J7 itts 192ft 9 l4 U When you bonow money from ns you get these additional advantages: Opportunity to renew your mortgage at maturity and liberal time extensions in making payments should it beeome necessary. Protection of your interests. The assurance that all papers needed are properly drawn up. Every item of detail is checked by experienced men. LET US SUPPLY THE MONEY YOU NEED For Building Homes For Improving Property. For Refinancing Mortgages. . 64 Di 1! D" HI lft x.n Paulo 8 g (Mr JapCo 4 4 1911 latnall) ft H4 DC fd X R. H. Officer & Co. 87 99 80 D3 97 fj( , 4 3330-333- Your Ore Ask for 7 630 2 JO 1)8 98 410 439 BM 7a. 111 7' 67 123 94 (HI Arntlae $6 Oo t 10 8 UNLISTED FOREIGN OOVXRNMENT BONDS. A, R.pnrtwl h- - J A A Cn ) lt jb Thlnl 81 D6 Kft i Muuial s , do r ol 7 So Pa ct 4h do ref 1 do j1 tr 4 So Raiiwav gen 6 ?a fb con ft do gen 4 Btd Oil of ; ft lex A Pa i 17 p IO 8 7 . ftft1 t Btd Va nw 21 3 Was. . IW DH f, Bid ktd f 8 1 W. 2d South. ought to be wortlT niarEetlHg-We can aid your sales, handling either large or small lots. r. ' 0 P nn Oil Oil of Ind Oil of Ken Oil of N iium 01! jiimiinnii'w 18 21 8 16 tmiiOMlIpe 8 IS an 88 DM 91 . 8 on tiT DM, 91 81 15 15 ass M 81 81 74 87 FRYIT niii qn 6V HI lull L Ato k Eg 6a 1929 102 71 66 68 fs A 9or! 900 235 80 120 707 000 I Atl Ixrhoe Imperial Oil. ( an Prairie Oil A Caa 106 61 71 4 la r. f III , Whi 200 00 Standard Coi , T lab Pr A I.t io i 1 'Mo taj, I t A Tr 4 T tab srruritiea gv i. 1 ah Idah s jcr 7 n EVAPORATED N7W Oftk Mm sarxe pruucN, nn. j, raisins, weak 19 I ( Oil Anglo Amn 105 -- 78 00 Ralph A. Badger & Co. 82 15 8 2W'i D 107 98 M) . 4 i7i 81 4 in 97 98 107 f ir2 v 103 1 55 4 17 5 107 8f 1.1 0.1 D6 97, 102 93 D7 80 111 78 o.l D6 102 I 55 MDiMUMOIR p Ind.pecdcnt ... 102 105 TINS, Morgan ( aonirg Ov pfd Mr ktaiet f . A r Kohranim Johnann 8a pfd oal Handard I tah Idaho Sijar 1 tah M- - ( lir 1 tah 1 r A U t pfi R3 6 K A R 6s 1000 Jumbo Plaster jCloae 118 B A 0 106 96 70 Low High 1 1 700 (Ml Acme .. 4 4(Klt 56 Acme Pa king Am Writ Paper... 4 2UU, B Am lob toup . . 3 OuOi n C leveiand Auto 82 4) Durant Motors ind 100 15 1 60U H . Goldwyn Pic . 18 800) Goodyear Tire . Lincoln Motors As 500 Philip Morris 100, Radio lorp com . 600' . , Tob Product! 2, S 10 1 t 6 kteain&hip I mted Prof hh new 1001 8 Lnlted Retail ( aody. 000' 7 I I Standard (Ml 4 96 70 8ale my 11 108. Nath-na- l N th DM) 96 25 - 57 HJs, 100 (VI , 101 82 108 101 108 BOK sriN ks Bank of Republic ationat ( pper Semritr State Bank t State National I & 1 rust tali fenrlt TXa'ker Br a Bunker on a Savings A J -IN DI ST Ki 8 rM K8 Ania !g rratei o pfd ( on n Ilom Vire Da "20 no 108 05 47 M 57 82 91 81 1081 TOH 57 82 47' 83 HEW TORE. CURB MARKET, NEW YORK. May 27 Transactions on the Ne.r York curb market today were a follows 00 .09 95 00 Ut P A L pM Baker Steam Motor .. ,03'j .27 Invader of Oklahoma. .02 t 000 Stockton Standard ... 12 500 V. 8 OU This property haa a verv fine in producing' wetll Huntington Beach, Calif, where it ie lncrea-in- g Its holdings and production Is very clieap at 12 cents. 4 00 10 Mutual Coal Stock was selling from 10 to 12 per share, livery home should own 10 shares. Buy now. 45 On 2 Steel Realty pfd 1 Steel Realty com .. 25 Ocj We will sell you the three shares for 115 Others are getting 200 for the three shares Buy of us Me guarantee deliver. IlllJllinllsq ItailJIVlU) in hundreds Bales 01 47 83 '1 lots 101 102 107 91 18 101 117 OK 91 1U UH 102 9 107 Market Ill 10 1000 500 m 97 90 76 9ft NaPoovI Ihaorrt Sar D 91 97 110 DU 102 X 9.1 9A 101 HAIL . v Ry lef 4a ctfa N 1 Tel deb 6 11M9 do ref 6a 1941 N Y Weatcb&Boa Norfolk At 9f 5a A Norfolk A W c 6a Norfolk A W con 4 Nor Par pr Men 4s do gen 3a '7 90 D7 05 3 00 WE WILL SELL Founded 1859 112 103 D2 102 97 u, SJarket 5 K. & R 7s 1900 Globe Mining 20 Mutual Coal 500 Fargo Oil I 10 Z. C. M 1000 Am Leasing 92 Sj 12 D2 6.1048 Ftlon lef V N Y N N Y 100 98 93 108 102 81. 104 N FintSoud 455 Rentals $2 a year and up. prips ent col 7a do deb 6 HM DM 112 93 108 102 98 102 Brasil x. 93 Y t N 92 86 '4j 1024 6 WSl 10 911.1 1947 M i 034,1 98, 98, 93 , t; . 92 , S6V4 DM DM 112 100, 100) 9x; (', l'2SG, d nkm Od tt Iiel T ecur'Mrf tat) in rid at trKinia TV ahull A pfd 1 Denmark ir of Hair ig i f Neiher 6 Mug of NrtrRi H N ng of Sweden He i nrl I ton XletdDer 6 h.le H 1946 Repub of Slate of (jucvn 6s State of Kio tir do Sul H s cmfwl H k of t, B A I oi, tu common 6 o k1 tU pM j f Belgium i do k it ar j 12 93 . Kin? 87 103G 108 4 King 64 j Gulf 4ui 8 1 Stf, lou' do DN y' , yd 3 Dam of an fa V3l Di leh F Ind tta 1947 do H 1962 French Repub 8 Jap 1st 4 U 4 86 h4 67 92 U h ( n of I Inn h of Kin il f Sho Paula h 11 y of urn h H D pt of Seine 7 lx ni of ( an AS notr a A Hill t halnn m Au Agrl j in ni i al A m knit It Hefg pfd Am Steel Kit? slJf Pa I. pm pito ie Pasco . . & "tlftlo I ( hits , . opf r CO W Hr pfd 4 oeoa n . . ( on $ xnN l l pfd X.ltll.TBl N 3 Chc A Si Ontario Silver J nCifh O i 1ifie Arrow f operatotf Wmteh $16,000,000 . 12 oen fiatai ac Resources Over lt I ( la ThrwjgJi Ed DSmithsScuj 101 102 401 101 49 198 2000-fo- f Central Crust Co. whiii vaults. buxine--conditio- 4 of has our strongest recommendation. Ask us, for fire-proo- f, The attitude of the reparations commission toward Germany faded to unsetIn fact, tle the ffTeign exchange list the Rritmh btbs on Berlin strengthened rate held firm and allied bibs showed Central European quomoderate gains tations continued to ease, however and far eastern romittames were featured by the weakness of iChina exchange Weekly reviews of general emphasized improvement in crop prospects and wider distribution of Announcement of further merchandise advames in wnoi fabric nv the Amen an WooDn omparv denoted the stnuigci tore of the textile masked 1 let. It $18 600 ObO (1 Low N We now offer thie stock at $95 and dividend for $100 aknree annual income at tti price about 7.37 per cent. Insure yours against loss by renting a safety deposit thief-proo- f box in our 1 High UTAH POWER & LIGHT CO. and money. profit-takin- 9 SU Preferred Stock 7 policies exclude, among other things, deeds, notes, bonds, stocks or similar documents, Ike ( reg-uler- ly All standard fire insurance Kelly-prlngHe- than Tn lti 9 yawn of existence dividends hkve been peid on tbo of tho 1 Dunne the eai , total of 4 4 S feet of dr fling. '12 5 of laising and IM4S feet of leaning and letunbering of all diffts h.ts been done i s stated in the , rf port Receipts of the fmtrio Silver Mining Gen Elec deb ft eompanv for tlie vear ending December Goodyear lire ba 1931 11 79, of whi h fJnX 9jl , were da 8a 1941 9x71 was dtnved from ore sales, $11,-- f Trk Grd an 7 Hy of 23 21 front rents and revalue, do 6a 21 interest and dividends and $J,-86 63 nds ellaneoms Disbursement for mine labor and salaries and suppllea and ele i K power aggregated $2x6 719 24 General, tax and tunnel expense brought total disbursements to $141 444 78 Dahh in bank. NEW YORK BONDS 69, bills receivable. $L h08 f4, and FW OKk Mar 27 Kolluwlnjc are todar stocks and bonds amounting to $47 low uid Losing prirat of ban da on the high 892 33 brought total cash a n Turk Miwk Kihaiige, and the total aal ts m bank J 12 of aWi bon Jarman as com D22, to $31. HaHa in 1'K) pared with $623 X1 96 ( ,mh anti bonds on x I hand on January l of the .ear preceding RONDS The d ff n nee between operating leI o7 Hi 11, jp) loe eipLs of $22,?X7S and operating exISO loo 00 W 94 90 16 pense of $141,444 7X creates an apparent Liberty 3 W HO loss for the vear of $xx X61 do drb t 1931 Ini 4 W 74 W 74 99 74 liehlgh 1 allev i4 io 2n1 4 In Manager Hamberge s report at'en-tim- i 90 90 99 99 T9 90 a 4 I d 99 1st is called to the fact that the stocks Lggett A Vlyer 99 H4 296 99 9S 19 do 2nt v4a 8t K con Ta and bonds listed in the financial state3 HO 99 '6 99 92 99 l4 d 3rd X4ei 4U Petroleum Ss ment are rained above the present mar98 99 90 99 94 s 4 3M 94 do 4tl Mlrh ent deb 4a ket value Mr FUmberger also reports SO 100 60 221 1O0 64 ! lclor b Mich State lei 1st ft development work done on the DM) (81 do 9 a ft A new MEAT pr level was a di appointment, as values did A do adj r tVli Mt.N OVER Vl E T STATU. AND not hold up to the grade shown in the do 4a Ml Nil IPAL tsittom of the x()0.foo, level Mo Par nif fta j 1923 7k lh D8i 100G loo do gen 4 Arg'iiiij NEW YORK LISTED STOCKS 111 111 8 f h Berne M out Power ft A in (itv T 112 m A it 6 V O Teg A M inc 5a A m llurdt tinv ,) In Co A ) )f IMple Rpor'ri Nh 87 1 NEW TONS STOCK LIST. Oil. Bteete, mo- 2C tobaccos and chemicals propelled todays brief but active and strong market session groups were mainlv represented by Mexican petroleum and several It do-on. meatlc oils, as well as UepwMn Tire, Mack Studebaker. Sumatra Tobacco, American Trucks, ' Toba co Products common and preferred. Industrial Alcohol, ftawaoii Chemical, Famous Players and Coca Cola. The recent demand for rails fell off dealings centering tn markedly Vie & Wastern common and preferred. Reading secopd preferred and several leas prominent grangers and coalera. Extreme gains of I to almost 5 points g were subjected to the usual movement, but the list closed with a abort continuing coffering tone, strung to the end Total sales amounted to 70d uoo shares Roans of local thinks again expanded during the week b a little more than f members of $9,000,000. but reserve the federal reserve bank increased a 000 effacing a large part of moat $1 5, The acthe preceding weeks de rease tual cash gain of aJbout $13 000 you increased excess reserves to slightly more tors, 27 Ma Mthough hance lopments about Mav Kurprising d dealings in wheat tended to keep rran ho ird of trade men on tiptoe toda), the majoritv h d begun ating on the that the ilimax wa already over and that wtdeh held theorlea of an a ute scarcity of wheat here had been exploded With hundreds of carloads of wheat dally piling Into for the May delivery had Chicago, price plunged down headlong instead of going steward, and this morning, as compared with a week ago, the wrheat market, taken as a whole, was off all the wav cents a bushel from S cent to 13 cent to IV Tom showed a setback of cents in value, and oats of H to I cent. In provisions, the net changes for the week ranged from 13 vents decline to $1 93 advance The most exclt'ng collapse of prices came exactly a week ahead of the time wlbh hoard of trade rules had fixed as the l)mit for the settlement of contract calling for the delivery of wheat here Onlv the previous dav the this month market had made a steep advance of rents, chieflv on account of supjosed indications that the wheat accumulating in Chicago would he promptly moved awa, with Europe furnishing a good outlet Railroads west of here, however, were to rush wheat shipments guaranteeing train to hirago at nearlv passenger speed, and the supplies coming Into view fioin rural sourves were proving of astonishing volume Powerful In'erests which had seerred in danger of hems unable to deliver sufficient wheat here to fulfill contracts announced flatlv that nothing remained to The assertion met no posibe setled tive denlil from anv quarter and subsepit apquent happenings in the wheat peared for the most part to He of an description, although big trade s who had been actlveh buying wheat accepted deliveries promptlv and declined to make any extended comment Uamv weather and smallness of country offerings helped to prevent anv violent downturn of prices for corn and oats Higher quotations on hogs were largely responsible for provisions as a rule showing gains rhwupn the emi-get- of tlement ,to Future of Old Mine. 1 CLOSE IN. Apartment Site LIBERAL TERMS. Auerbach Realty Co., Brooks Arcade V. s i |