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Show THE SALT LAKE TRIBUNE, SUNDAY MORNING, JUNE 23, 1922. 9 OIL AND RAILS CHIEF ITEMS CONSIDERED ON WALL STREET Pacifies, Cotton Carriers and Grangers Make Reports of Rain, Coupled With Other Unfavorable Confusion. News, Cause By CHARLES D. MICHAELS. CHICAGO. Juno 24. BeHtor weather conditions over. the grain belt aiul general week-en- d evening up brought about a lower range of prices. Wheat finished Corn was with a net loss of off Oats finand rye ished higher. Unfavorable crop reports, with apprehension that heavy damage to winter wheat would be revealed In the government July returns, led to a 'more active market last week. While the best figures were not maintained, the finish was Coarse at net galnt of 1 attention grains attracted Increased for the first out of the rut They got time In many seeks. Corn gained 1 4 2 c and oats Dry weather and damage talk were factors In bosh Prograins. Rye was up 1 visions held within narrow limits, but and closed weak, with lord off 60 7 lower. ribs 27 While rain hardly will have much effect on winter wheat, except where the grain is very late, there were rather general early selling on the reports of rains In parts of Nebraska and Iowa. While the rains turned uuk mainly to be local showers, there was a pronounced disposition on the part of the traders to even up for over Sunday. Support was lacking early. Hedging sales had considerable effect on the July. That option under September nt went to about 1 one time. Country offerings of new grain from some sections showed improvement. Threshing returns from the southwest continue to be rather disappointing. The Missouri reports suggested a loss of bushel from the June Government estimate due to heat damage. Livwas lower, with steiling erpool exchange off sharply. more weakness than other Corn showed as the result of the rain reports. grains were After Oats the stronger. being lowor early the rallied sharply to above ths previous days fin.sh. Oats received good support on the weak spots. In the corn market pressure whs in ev Idence on all the upturns. Rather general evening up on the part of local traders was shown. No general breaking of the drought was indicated by the weekly forei ast. alare though some local thundershowers expeoted. Temperatures will be somebusiA what above normal. good export ness was put through in coin at the c. e. Within Narrow Bounds; Loans at High Level. ' nces;-Copper NEW YORK, June 24. Todays short session of the stock market was given over largely to two classes of securities oil and rails, other recent favorites showing neglect. Mex Pete made an extreme recovery of 6 points from Fridays setback on covering which resulted from official statements that the companys earnkngs were unusually large. . Petroleum continued to display marked strength, as did also General Asphalt' Producers and Refiners and several other prominent foreign and domestic oils. The more general advance of rails was again led by New York Central at an extrema gain of more than two polnta. High-graPacifies, grangers and cotton carriers also made moderate advance on a substantial character. of purchases Soma motors and their rubber aoces- sories wera appreciably higher, but steea, equipments, coppers and other leaders of the early days of the week moved within narrow bounds, many showing fraettonat declines at the close. Sales amounted to 3)43,000 shares. Another Increase of slightly more than 239,009,000 in actual loans and discounts loans carried the total of clearing-hous- e to the year's highest level, and an actual decrease in cash holdings of (67,556, 280 wiped out the previous week's large cash reserves, leaving & deficit of 23.62S.200. More acute depression hi the foreign exchange market forced sterling rates cents under yesterday's Anal quotation, with German marks at their low record of .028 and declines of 10 to. 23 points throughout the continental list. Weakness extended to the eastern European countries, Greek bills selling at 3.30, a reaotlon of 35 polnta from the previous day. NEW YOKE STOCK LIST. Through the Purchase of Our First Mortgage Participating Certificates What They Are in CHICAGO, June 21. improvements Reports of rain in lc .1 . . . . Suiea lo buudreda. FITCHES. RANGE OF THE LEADING W MEAT WILL BUY Deseret Natl. Bank Deaeret Savings Bank 10 Zions Savings Bank 20 Z. C. M. 500 Utah-Idah- ..,. V I N $270.00 203.00 205.00 common o Books CASH QUOTATIONS. WhentNo. 2 re1, $1 til: No, 3. 81.15. No. 2 mixed, (LKrjGJo; Coni Nu. 2 yellow, Q3tft63Vo OAtftXo. 2 white, 38042c; No. 3 WILL SELL 100 100 100 com Amalg. Sugar, com Peoples Sugar, pfd 3.40 3.25 2.10 96.0 Utah-ldah- Utah' Power 41 Light pfd. 122.50 Utah State National 25 Consolidated Wagon 65.00 5000 Amalg. Sugar Bonds, par. Will sell any part $10,000 early maturities Sugar 7 per cent Bonds to net full 8 per cent and $5000 due 1930 at 95 to not 7 per oent. Virtue Clift Bldg. 10,000 per cent Bonds to net Tz per cent. 10,000 Utah Light 41 Power 4 per cent Bonds duo 1930, to net C.10 per cent. GO Utah-ldah- 039c. Jtre. none, Rnrlev, 64062c. Timothy eeed. $4 00415 00. Clover need. $10 00018 09. Prk, nominal. Lard. SI 1.30 Riba, $12.00018.25. 36 o 0 Main FORTUNES Made from Small Investment Writ for Free Booklet The Meet Simple Explanation of Profitable Stock Trading 94. Satan Write Fer 0r FI EE BOOKS Com lots.' Fresh extra creamery 0 butter U 68- .. pOttlHl ctb i .j Freeh extra ereomery butter lo cartons ,40 Freeh extra creamery butter, parch meat print Fresh flrete creamery butter teat &.CO. Munn FAAN01BC0. Mullding, AAV 6AA Tew Building. CHICAGO, ILL. Mattm Amarteaa Bidg- - WA5HINGT OS, 9 fc VeMvart Baiidia, HSW 10BJM service valuable in helping them solve their financial Freeh fleet ereomery butter, oreot prtotu Tonkin butter to cubes Relented fmb eff1 lo rap. porch .................. 3, Ranch egg v. Full cream cheese, triplets Full cream cheese. Yeung Americas... Full cream cheem. pound equarea.... ftkx Bwlae cheese Cream brick cbeem .................. C0FPES MARKET QUIET. June 24. The copper market remained very quiet during the past week, baa been very little further pr'ra .014 but there with notations today ranging from hading, ,57 for electrolytic. .2S 14 about IS te 13 S'' ' FLOOD. .ft 'gg MINNEAPOLIS, Allan. . Jan, 24, Eloar, .23 to 2Ue bifbwi famllj potent )7.5Ut 7u .AS M ha Br, 7VYORK. HL50ei7.0a PROTECTION Thara I. nsna batter, mera Iran. clad, than Flrat Raal Eitata Mortgagee Hanea avary dollar aavad In ona of our In. otallmont Purehaao Cartlfl-catla a dollar wall aaeurad and working for you at high aarnlng powor. You can bagln auch an today, with an amount at amall at (3 10 or aa larfia aa (83.70. e, Ak for Freo Booklet. GUARANTEED SECURITIES COMPANY Iffisl' Established Sixty-threYears e Up er DownT THE MARKET INDICATOR WILL TELL YOU Ever since our orgvmrit'on waa sinblirhrd we earn'd a reputation with our cumomera of belnc 95 per cent In our advice. Reader of Our Market Indicator know what atocka to i uy and what aell stocka to and learn tha facts by following our Market Review. If you are Interested In the atock market you cannot afford to miss a single copy If vou are not on our mailing Hat writs u. at onre srnf copies pf Our Market Indicator, also our Market Review, will be sent to you free every week upon lequest. No obligation on your part. Just cut thla ad 'and mall to us your address. Wn. B. Langhorst A Resources Over i5KiasWJteJJ jtaiiikiakii lumuHnpiiiaii Him III!' ujfpfph nJ Fjiyi!' njjTiTmrrrresiiES 1 1 1 1 V' 126 Co. Stocks and Banda liberty 8t New Tork. $16,000,000 Member Federal Reserve Systeih ... .... 02 Vfa 01 .06fe UtJ .ts .90 .01 OS .OS .im ......... 93 .23 .09 ...-- .43 .89 .It .2 .24 .84 B d Big Indian Cox Realisation Cox S. E. J. Co Capital Petroleum Chappelle Oil .'leucant Eagle ..: dmonds lOmbar bVrgo .( .04 twl ( ' (X.er 09t( McOarry-Hedg- ...' es Oil Paradis Dot West ...., Owenwood Preston I'n.on Con. Oil L'tab-Ca- l. Oil Products. U. S. Oil Asphalt Co. of Utah Virgin Dome Oil Western Oil Fields Wee tern Empire Pet. Y. Oil A Gaa .0064 .49 .29 2( .16 .49 ......... Offer .4( 60 9 .04 .04 .17 01 ... . .Offer 03 (.00 .07 87 ....Offer Con .0114 .29 - Oli .ttlgVi .01 .03 Bid .to .79 Hid 15 .18, 08 .13 .00'4 .0944 , 10 .01 08 02 .0444 Offer Jib ...J OIH Louisa Mining Mutual Metal ......Offer 03 Little May 10 Nacosart Copper Selma Mines ttSilver Reef 1014 South Hecla Pope Sbonon . . Ttntlc Paymaster Tlntic Da via . ...Offer Valdaaia ... 12 Vlpont Silver Offer Waaatch Mines INDUSTRIAL 0214 Baker Steam Motor 1.26 Bert grower Sugar Di Giorgio Fruit Units... 15.00 Edwards-Warde- n Motor .49 0614 .10 .O-- H 931 Bid .03 .01 .01 ,12 03 Bid 1214 .04 Bid 0 .08 .1 Bid 03 4 175 9(00 J .8a ...Offer Part Ot 0014 John T. Clark Tire .07 ... Coal Preside Gunnison Valley Sugar ... 1.00 1(9 01 Gen. Rod. A Cham .034 .60 Little Cot. Tranap. pfd Bid Offer Msb Mfg. Co 4 00 Mutual Coal (assmt. pd).. 10) 7.23 Mutual Creamery .40 .60 Pan Motor 1.75 2.23 Peoples Sugar Steel L R.) unite. .... ..95 06 106 00 11 04 Steel (L. R.) Stores pfd.. 27 00 22 01 Steal (L. R.) Stores com.. IS 00 I8 60 It. OO Steel Realtv com. 28 00 20.00 Steel Realty pfd. 00 t 80.00 . . .tel Realty units .......70 45 00 (5.00 Fteeleraft units Bid 8. L. trtiion Stockyards... (.50 .29 Oliver ll Product 17. S. Fuel Offer Bid o 1.09 I 25 Sugar Bid Utah Natural Product ...Offer Utih Imp.. A Vehicle 77 50 70.00 Utah Steel pfd. ..........85.60 0J Victor Motor Jk. Clutch Co m. i z. 111.00 m od Stocke sold on margin, monthly payments and buyer and seller sixty days. Can handle any stock In any market. If your atock is not quoted, write ua for quotations. ........ Utah-ldah- ) a Wo will Mil you this combination: 2 Stool Realty Pfd. and 1 Steal Realty Com, at $120.00 Agents ara selling this aama combination for (200.60. Let ua save you (30.00. We guarantee delivery. Ralph A. Badger & Co, i IS W. 2d So. Waa. 5330-533- .. x Karnham Dome Pot Gustaveeon ... Invader Oil Okla invader Oil Corp. Kinney Coaatal ... Globa hat ts the Next Move? Walker Brothers Bankers Bros. g i A ok. Bid. MINING American Leasing Bellerophon Br.stol Silver Central Standard ... Eureka Metallurgical Glenallen Mining Suita 20S Clift Bldg. Phono Waa. 2830 Salt Laka City, Utah Let us help you vvith yours none. Special ta Tht. Tribune. DENVER, .Colo. June 24. Cattle Rere.pts. 200. Market unchanged. Ateera, $7.0008 25; cows. $4 0007.60; calves. $4.6008.69; bulla, feeders. $5.3006.60. $2 8005.00; 100. Hogs Receipt. Market, ateadv to tOc higher. Top, $10.00; bulk, $9 6509.85. Aheep Receipt, none. Market, unchanged. Lamba, $11.00012.00; ewes. 84.6006.00. Anderson Arisons-Wyomin- Investment Bankers DENTES. WHOLESALE DAIRY ?1DTTCE. (QooUttaM by Mutual Creamery Company.) 1884 74 Broadway, New York, Members Consolidated Stock Exch. have found our Salsa and Purehoooa OIL Boa Big BIx Oil BONDS Many business men to Market Changes and Prior Subject FIRST MORTGAGE OMAHA, Neb., (U. 8. Bureau of Market l Hogs Receipts, 11,500; good hogs, to 10c tower; bulk. $9 75010.10; mixed ind packing grade dull, mostly 15c loer: bulk, 48.75 0 9.30; bulk of sales, $8.83010.10; fop, 810.20. ( attle Receipt, 100; compared with week ago1 Better grade heaty steers, 10 to 23c higher ycariinga, medium and light eights, 23-- tu 75c Inwcrr trait , about 23c tower; veals, Oc to $1.50 lower; atockers and feeders, mostly 23c lower. with week fcheep Receipt, none. Compared Lambs. 23 to 50c higher, other classes ago stock-era- . bulk price, beef teer, $8.2509.26; butcher she stock. $4,850 $0.0007.25; 7.25; cannera and cutters, $3.0001.00, veal calves, $8.0008.50. lings Receipts, 6000; market, steady to strong with Friday's average; top, $10 80; bulk, $9.80010 75; piga, strong to 23c higher; most-l89 75010.50; holdover light; heavr weight, $10.85010 60; medium. $10 50010 75: light, $10.70010. 80; light light, $10.40010.75; packing sows, smooth. $0.2009.70; packing sms, rough. $8 5009.25; killing pigs, $0.50010.50. Sheep Receipt, 5000; practically all direct. Compared with week ago: Killing claasenmoat-l- y 23 to 80c higher; lamba and heavy sheep gaining most ; weeks top westers lamb. $13.25; bulk. natives, $13.00; week's price bft lamb. $12 00013.00; yearling. $9 80011.15; wethers. $3 0007 60: ewes, $3.0006 50. top. feeder lamb. $12.00; top westerns, yearling breeding ewes. $11.10. In the Stock Market Este Special to The Tribune. 4. 24. Cattle Receipt, OGDEN, June Choice heavy steers, $7 2507 75; good ateera, $6 507.23; fair steer. $5.000650, choice feeder ateera, $5 000 6 00; choice cow and heifer. $3 0006.00; fair to good cows and heifers. $3 0005 60; cutters. $2.0003 00; cannera. 81000 2 00, choice feeder cow. $3 0004 00: fat bulla, $3.0003 50- - bologna bulls, $2,000 3.00; veal calves, $7.0007.50. Hog Receipts. 884. Choice fat hoga, 175 to 230 lb., $10.83: bulk of sales, 9 630 10 33; feeder hogs, $9 00010.00. ( hotce Sheep iambs, $9 23 Receipts, none. 010.75; ether. $4 3005 50; fat ewes, $3,000 4.00; feeder lambs. $7 0008 00. CHICAGO. CHICAGO, June 24. (U. 8. Bureau of Market. ) Cattle Receipt. 500; compared with week ago Ktnctly good to prlina corn-feteers, 16 to 25c higher; other grade gratae r snd all except strictly choice yearlings, 15 to 23c lower, extreme top beef steer. $10.00, best long yearling. $9.75; grade, butcher, row and heifer, weak to Jbe low and cutter, largely er; orher and cancer steady; bull. 35 to 50c lower; real cahes, 75c to $1 lower; atockera and feeders, 23 to 50c off; lower grade declining most; week's WE HAVE CLIENTS WHO WILL TRADE AS FOLLOWS (Q)b For week: ftheep Shcp Receipt, generally 25c higher, lamb, 50 to 75c higher, top native, $12 00 SUCCESS Wasatch 455. . o O KANSAS CITY. tTY. June 24. fr. S. Bureau of Markets I Cattle Receipt. 530. For week. Better grade ateera, weak to 23c lower, she a stock and yearltngn. 23 to 73c lower; and ejtters, 50c lower; bulla, steady; NEW YORK COBB. stock cows and heifers and stock calves, 2.1 NEW YORK. June 24. Transactions on the to 60c lower. New York curb market today were aa fol Hog Receipts. 1200; fairly active to pack lows: Bulk choice 175 to era; steady to 10c lower. 230 pound weights. $10 25010.85; top, $10.85, throw-ou- t bulk of alea, $10 00010.33; sons, SL KENNEDY Main at First South , KANSAS Phone Wat. 856. U. 8. Liberty Bonds bought and told at current market prices 0. E4D Smith Sons mostly steady. Edward L. Burton 160 which is operated OGDEN. $8v6O08v75- i Central IShiist Co. Through 5 3.10 69.00 An additional advantage to the small investor is the opportunity to purchase these First Mortgage Participating Certificates by install- -' Inment payments of 10 per cent cash and 10 per cent per month. terest is allowed on each installment from the date it is received. for We urge immediate action investigate this investment opportunity now. OMAHA. June 24. 3.30 7.30 insured Installment Payments Special to The Tribune. NORTH SALT LAKE. June 24 Tattle Re relpts, 410; steadv, good demand. Prime ateera $7 50(37 86. gnod grant steer. $6 2507 00. good steer. $6 6007 50, feeder steers. $5 0005 50; choice cows and helfera, 84 7505 2.5; fair to utter 82 00 good cows tod heifer. $4 9005.00; 08 25: runner. $1.9002 00: fat bull. $2,500 3 00; boto?na bulls, $2.0003.00; light veal c.itre. 87 6008 50, 811: Hogs to lower: good deReceipts, steady mand Choice prime top fat hogs, 175 to 225 lb., 810.50; bulk of tales, 86 80(310.25; feeders, $8. 50 it A. 25. Sheep Receipts, none; steade: fair demand. Choice fat Ism ha. $10 00011.00; choice year00; fat wethers, $4.0005.00; $5.0006 ling. fat ewes, $3.0004.00. 112.00 200 Utah-ldah- o pfd 200 Amalfi. Sugar, com 30 Amalg. Sugar, pfd Zlon'a Benefit Bldg. Society Pea. Bldg. Society Books. The highest' yield consistent with safety characterizes all First Mortgage Participating Certificates offered and recommended by this company. I op-n- Reeem-her- 10 10 Good Yield 130,000. parts of Nebraska and Iowa caused sll grains to suffer a setback at the start of the board of trades short session to- . 3, of $100, $500 and $1000 E l ...... First Mortgage Participating Certificates offered for sale and recommended by the Central Trust Company are always thoroughly investigated first, and a conservative valuation plaefcd on the property by our own .appraisers. Every precaution is taken to make your principal and interest absolutely safe. by First Mortgage covering a new firebrick apartment house, three blocks east of the business district, with .11 modern spartments with hardwood floors, steam heat and every Modern convenience. Tropertv is conservatively valued at $u(), 000; I 3i ili'nominations Safety Secured ... . on valuable First Mortgage Participating Certificates I 0- First Mortgage Partieipatinprt.'ertifieatCarheourcel by a firsrmorfs'ajre" property, have the safety and pood yield of a First Mortgage with the additional advantage ufjieing sold in denominations pj $1W) and upw ard, payable in installments of 10 per cent, so that they are available as ideal investments for small sums. as an excellent investment -- day. There was general local and commission house selling on the better weather conditions, although it was believed that winter wheat would be little of and wheat action reflected the Hye declined. Black rust has been found on benefited except In the case of very values lye at a North Dakota point, but it had late grain. At the finish wheat were unchanged to lower with July little effedt. 21.13 4 to 21.13 and September 2114 BONDS. c to UNLISTED E0KE1GN QOYEBNMENT to II 14; corn was off c, oats c to '4c, and provisions were advanced (A Reported by J A Hogle A Co Bill. Aek.d . unchanged to 27c down. A big storm was reported In the CaArgentine Se 1U43 nadian northwest with heavy losses of do fie 1917 property and crops in some sections, but Brexil 4. 1900 (rly rec loan l .1 this failed to affect the market to any do fa 1903 extent. The loci sentiment gengreat do 5a 1908 . erally has become rather bearish on acBueno Alrra fta 1913 41 (larg of count the gooi advance of late. There do 3a lamalil . was a widening in the 4a 1901 Copenhagen discount difference today to around Pina Orleana Oa 10MI for the former. Country offerings to ar--- 1 - 1920 iljrgel Cuban govt e were not large arid in the Spring-- f do 6a 1939 fame!!) . eld. 111 . territory bids of a dollar per Sav Paulo 3a 1907 ' do 6a 190 bushel at hading stations so far have 1908 Ruenoa Alrra falhd to bring out mtich grain. Rain reports led U general selling of Jap 5a 1907 47 .i Norway 3y., 1002 corn and oats with corn off l4c from 1004 do veterday's finish at the extreme fao Paulo 5a igutlderai 1930 shortly after the opening, bupport Jap 4a 1931 lemaill was lacking for a time and while there 1923 (amail) 2d aeriea' do 4H was a fair rally, pressuie Increased on all the upturns and corn generally showed COTTON XAXXET. an easy undertone. Rains are not exCotton fulur-- a NEW YORK. June 24 pected to have much effect on oats In October, 21.3V; many sections, as they came too late, and eaeiee; July, 21,6r; more showed relatively 2150c; January, 21.1S , March. 21.03c. Cotton that grain October. cioacd 21.40c; future easy, July, strength than corn. 21 2.1c; 21 05c; Tleeember. 21 40c; January, Provisions were weak under scattered March, 21.01c. Spot, quiet; middling, 21.90c. selling which found demand light. 1915-4- First Mortgages on improved real estate have always been considered highly desirable investments, but have- - in most cases, required large investment. We now offer-- d. . Adva- You Can Now Invest Small Sums With First Mortgage Security C. S. GODDARD, f LOBBY ATLAS BLOCK 1 Phono Wasatch 2252.2284 ; Balt Lake City, Utah. NOTICE TO MINERS. ; ' Bid received on contract for tn0 fwt Of tiinnol 7x5 by (he Treasure Box Mmi-- g company. The property is equftved wMi one Chicago pneumatic liVjviu aeml. Delael oil engina and on 8x (htcaae further InFor receiver. tr pnaumatle formation please call or writ to til offl of th company, 142 East Broadway, 8alt 4j10 Lake City. Utah. x |