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Show -- THE SALT LAKE TRIBUNE, TUESDAY MORNING,,. OCTOBER 101922, Traffic Delay onShipment From West Intensify Crit ical Market Condition. t Advance of the local settlement price of lead to ft. 40 per hundred pound yea terday marked the continuance of the Silver King Coalition Adupward movement which haa been made by the metal during the laat month. Ac vances. While Tintic-Standar- d cording to the Financial Review, "the critical altuation in the lead market Make Decline. created by Shortage of prompt lead sup traf IntenelBed haa further by been .pliee tie delay on shipment under way from Sessions of the Salt Lake Stock and the west. ' Quotation, are etlll oh a nominal baste, at a new high record for the Mining exchange yesterda were devoid movement at 2.75 cents a pound, flew of unusual interest. An uneven .priced Fork delivery. "Only the arrival of Mexican lead at tendency was evident Silver King Coalithla port, originally landed at Galveston tion scored slight Improvement, while effec- Tin tic juat before the newoftariff became was forced to a' Slight Standard hi duties, 271,800 tive, at a saving r headed off what might otherwise have decline. This ragged- - tone extended even to unbeen a runaway market, r listed Issues. Chief Consolidated dropped Zinc prlcee have weakened very slight other hand, park ly to 7 10 cente under the Immediate pros-- j hack to 15,60. on the 80 and 85.75, was produc-- ! Utah, with sales at 85 pact of expanding ore end metalslackened touched Jib a new low Indicated welt ae a the slightly stronger. tlon, f demand month by selling at 60c. during the duller winter season. for the past In was all lines I Trading Now that the coal. and railroad strike, extremely lim' have been nettled, additional smelting ca ited. Emma, with a total of 9o00 shares at 2c and 154c. was the most se-tparity will be again available, with cop- - sold isaue on the board. Allchlgan-Uta- h, sequent large Increase, in metal output. a decline from 15o to 12o In selling Recent smelter operation, have been with 1500 of showed a distinct reversal only at 0 per cent of actual capacity, of form.shares, fc Prlnc Con. developed, strength Min ore production Is also Increasing and advanced to 10c. Columbus-Rexal- l, Calls elsewhere. and in Joplin sharply, pro though not registering sales, displayed y,lne,ead la-- the latest large with bids at 25 improvement once. surprising at announce J lta resumption ducer to 26c. "Consumption Is being maintained In Standard T'lhtlo opened at $3.40, After J a high level, however, by the reasonable who quote 8.25 the sale of 300 shares at this level, the sale, policy of the rollers, declined slowly to a close of 83.30. to Scents. a pound base on sheets, or only price of the trading In Silver King Coali1 to 1 cents above the slab quotation. All was tion done at 82.55 and 82. 62 Vi, as cx-- f case in of copper, the This spread, compared w 1th 22.50 on the closing sesceeds T cents a pound, although red metal- sion of last week Quotations follow NatuIs even easier to roll than wine. Marin stocks. rally, copper consumption la seriously IWH , I i ' , I ! i ! j I ggaduoad." Concerning the copper market, the bearish. Conditions Financial Review ' are eummariied as follows by the eastern "V paper: The press agent is still the wemlnant figure of the copper situation. id now announces sales of 130,090,000 pounds of copper in September, although all that, t , t month "he complained bitterly over dull business. He also has lowered surplus i ! stocks of refined metal to 280,000,000 f pounds, the prewar level. Actually the total is at least double, If .not treble, Mils amount, as Is more. accurately reflected by stagnant quota-tions under 14 cent. Even talk has failed to boost copper prices "Output Js steadily Increasing, and the surplus situation Is growing more serious. Production costs are also now highest, following advances in wages and supplies, Eventually drastic elimination of the weaker sisters who can produce only at Inflated coot is indicated.'' Price of silver shows comMderftMe sta-- I blllty because of the absence In the Orl-- I ant of large supplies. Although there has not been the customary September to October demand, India has been a steady buyer and Shanghai traders have operated on both the long and the short sides, I ' v fiakciboo iminta stocks. 8 Air Reported hv A . A. Hngle A Cel Akd, Bid (i old field Bin Rill Comb Fraction I J I 1 f Or Silver Pick Coa ...... Manhattan District Manhattan Coa ... White Cap . ... .... Grandma .... .... Ppearhead Gold .... ... . . . . Cracfcerjtck Great Bend .... a... Bands torn Kendall ... Comstock District Con Ylnrlaia Halo A More roe Mexican .... ........ I I i $ 4 ..... J I i - I I I I . ? I I 1 ,A. .... ......... .... .. .... Union Tonoftah Districtt Belmont .... Rirm Nevada rtseh Boy ifllpif Queen . ... Hm Butler .... WlaUfax ........ ... .... .. ..... .... Ext ....... Midway Moo Pit MacNamara North Star .... .... , Rescue Enlt .... Tonopah Ext , West End Other District Nevada Hills .. Bound Mtn ... West Tonopah Goldfield Dev , Simon Lead ... Eureka Croeena s. OPENING BALES. 590 at Colorado, 1000 at 6Ve, Emm. 7M0 at 2r; 2000 at t. 4000 at ftp. Fmjdr f HftvrvU, 2.MK at ftc. , Miobiyan 1 tab. 600 at 15c. Prince. 100 at Ofte. Silver King Coal., 290 at S2 55; )00 Tinitc Standard. 9U0 at $3 40, 400 2ama, flOo at ftVc. t ft Bwoo (large) do 5 1015-4-4 (small) ....... 4 1901 Copenharen Pari Orlean da 10W1 Cotma fort ft 1929 (large) .. do da 1929 (small) ... . So Paulo fia 1907 1901 ...... ... Bueoaa Airea Sft Paulo ... ... .... ..... 190d Jap ft 190747 .... Norway fifca 1903 1904 da .. fia (guilders) 103d . . Jap 4a 1031 (sotall) ,fta Bid"! pfiScwL 70 75 4ft 71 42 ftS RS 1H IB 74 m V II m ' j at 72V 48 77H WH 995 603 25. Receipts, 802; market higher. - Choice prime top fat hoga, (175 to 225 lb-- , $9 7ft; $8 009ft9; feeder, $9 509 99; drive ina, heavies, IftOOfoo. Choice market Bheepft492j ateady. Receipt, fat lamb, $10 (KK&ll 50; choice .yearlings, $060 &7 30; fat wether, $4.59'4560; fat twee, $3.50 tl.4 50; feeder lamb, $10 O0& 19.50. OGDEN. Special to The Tribune, 0GDNN, Oct 9,Ca ttle Receipts, 291; market steady; top, $7 U0. Choice prune steers, 40 257 OO; goad steers, $5.7ft&0 25; fairisteers, (15.76; feeder sneer, $4.76(3,5 26; choice heifers, $5 005.18; choice cows, $4 73fe5 00; fair to good cows, $4 004 75; ca liners, $1 00 t2.00; bulla, ,$3.0&3 80, feed? cows, $3.75Q 4 60; veal calves, $7 008 00. Hog Receipt, 1443; market steady. Top, $000; fat hogs. 390 to 220 lb., $9 009 00; heavy hog, $8 0o8 09; bulk, $fi.OOfe&.0O; feeder hog, ISWNiiUOOO. Bheep Receipts 7UU9; market steady. Choice Iamb, $10 00&1140, fat wethers, $0 OOCriT.OO; fat ewes, $4.00&5.0Q; feeder lamb, $9.0(X$ 10.00; feeder- - ewes, $3 00(4.00i, CHICAGO. . 9. (fnlted Shipment of Rich Copper Ore Made From Property . on Utah-Colorad- Line. o Oct. ler felOOft. Hogs i market opened slow, Receipt. strong to 10c higher, closing weak around d steady with Saturday; bulk, 160 to d average, $9 759 90; vbnlk, 220 to butcher, around $10 09; top. $10 90, early; good and choice 250 to 300 pound butcher mostly $9 60fc9 90; .bulk packing tows, $7.608 10; pig mostly around ifG.OO; estimated holdover, 32 000; 9000. Sheep Receipt, 84,000; fat native lambF, steady to shade lower; spots, 25c lower; fat western lamb. 25c lower; top native Iambs, $13 09 to packers; bulk, IlS.OO'fftS 50; CuUs mostly $9.00(0,8 60; choice ildaho Iambs, $14 00; bulk fat westerns, $13.7514 00; feeders slow; early sale light; western feeding lambs, $18.7$ i (3,14.00, good, 25c lower; sheep steady. KANSAS KANSAS riTY. Mo, CITY, a (Inllwt Rtatce Bureau of Agriculture.) Cattle Receipts, 34, to 15c steers 000, ,beef lower; early steady top, $10 79 paid for mixed yearlings; best held around Itt.&O; bent veaiera to packers $0 50 10 90; many heavy and medium-weigcalves, $5 09(37 00; most cows. $3.75&3dX); few arotind $0 00; most grass heifer, $4 699.504 canners largely $2 602 65; light kind around $2 25; most cutters, $3. 00 23 25; bulk bulls, $3.25 8 75. Huge Oct. 11.000; slow, ftc to 15c high-- ; Ifte higher; shipper top, $9 65; $9 65; bulk, 170 j to- 230 pounders, $l !0(i & 00; bulk, 240 to 800 pounders, sales, $B90Mtt9.60. packing $904(9 50; bulk arm steady to 10c higher; bulk, $7 35 7 60; stock pigs Strang to 10c higher than Friday mostly $$ 656(9 00. Sheep Receipts, 19 000; Iambs steadv to 25c Colorado, $18 75; most westhigher; prim erns. $18 384718 7ft; sheep steady; ewes, $5.75; wetbera, $7.10; parly top feeding lambs, $12.50, Receipt. mostly packer top, liM?t mtlv Interesting conditions prevail at the Nuccla mine in the La Sal mountain, according to F. A. Ilebbard, Tlntlq mining mefti, says the Eureka Rwporter. So promising was tho outlook that Mr. Meb. hard acquired an Interest and took over the management of the enterprise. More than 200 tone of high-gracopper ora has been placed on the market Air. Hebtxu-eaye that tho property, owned by the estate of the late Joi.u W. - Gates, is unuer lease t6 Nuccla, Colo., men. After a thorough invest!, gallon ofto the proposition, Mr. HeldiarJ assist the Colorado people la decided, the operation of the mine and lu financits development. ingNew equipment has boon secured and the mining of the ore will oe handled in the moot approved manner. One of tho prodthe big problems Is marketing uct, tho mine being sixty --fivo miles from the railroad. Tho ore is of such excellent grade th.t evenwill such heavy transportation not wipe out tho profits. charges The cost of the wagon haul Is around 320 per ton, and to this must 'be added a railroad hauling Charge of about 88. The mine Is four miles from the ftali de al.-ead- winch has opened the vein for 22e feet. Copper ore Is erposol throughout ths workings, the metal appearing In various forms. Including meta'lic copper similar to that found in some of the big copper mines of Michigan. The ore which has already been mined cat nos vaiuea of about f8o per ton. When Ml. Hcbbard left the property similar oro V'ss being taken out at the rate of about ten to fifteen torn, dally. It is thought that the output can be mat, r ally increased, Whll thearev.aron mild haul is a long one, the winters and hauling can he carried on through, and out the year, everything po.nU to profitable operations. The leasing company Is controlled by Ed ar d Arps, John Geraon and B. Pomeroy, aU of Nuccla, Colo. Air. lltb-bir- d was first attracted to the proposition When he learned of a shipment of the ore which had bom sent to one of the Slut Lake smelters. 4 He has acquired a substantial Interest part of his and expects to devote a good time to the development of the ground, at too lame time looking after the bcsi-neaffairs of the company and the marketing of the ore. -- , IA IHDV8TS1AL BONDS. B .ported by J. A. Hori A 0.1 DENYER. Special to The Tribune. Tattle Receipts. 7300; DENVER, Oct. market steady. Steera, 6 764,7.50; coere, 4 ( 5 00; heifer. 4.74&5.7t; feeden, 3.008 9. l-- Receipt. CORN Dec May July .. .. (.. .. .. .. .. OATS Dee. May - . K OMAHA. 11 55 9.67 9.85 a, 6li. feDSS BEAS0N 6 CO. Nvrir,r-HXteuntnei t ALT LAfc;ft Cl TV Telt Building Tmu Trunk ..... .... aUu.oy Draarvt National .. Ikwerrt Baviugw ... First Natl of 0?doa Conti Natl Bask Natl Copprf Security State Bank I tab State National . . I tah Baring ft Trust BhonWw 146.00 150.00 110 0i securities are becoming Utility very popular with the Investing public. In our opinion, considering security, history, future prospects, end yield, this First lreferred. Stock 1 pne of 'the' beat utility . securities on the market, Complete Information on Inquiry, .A.HGGLE&CO. Angelea Pocitaflo JJ aikr r M lt Bfoi Dry Goods l , ItoMm Worksheet .) As tbs builder uses blueprint - ths investor con use our October Hit of 1 n v s 1 1 g a t d Bonds And Short Term Notes do guide him in the building of his income 299.90 ott 11800 L 8txk b.i ft Staadan! Cab! ft 1613 I H0 Kr ft Lt lrt ft l&li.ln,. I tah Lt ft Pr 4 1HJ0 ...... ft rtrth Bngnr 7 into Thla .... The ' . ' . MACHINISTS . BLACKSMITHS BOILER MAKERS TINNERS SHEET METAL WORKERS CAR - REPAIRERS APPRENTICES TO TAKE THE PLACE OF STRIKERS. , , STANDARD WAGE WITH SENIORITY RIGHTS DATING FROM TIME OF EMPLOYMENT WILL BE PAID. OVERTIME AT TIME AND ONE-HAL- BUTTER MARKET. The National Cit? N. APPLICANTS SHOULD APPLY AT THE OF FICE3 OF THE SUPERINTENDENT OF MO- - x SHOP , TIVE POWER, MASTER MECHANIC OR SHOP FOREMAN AT MIN-TUR- JUNC- TION, MONTROSE, PJDGWAY, GUNNISON, ALAMOSA, CHAMA, SALT LAKE CITY. OGDEN any Local ' AGENT. 8d-8- 7 'I f "H DENVER ft RIG GRANDE t. ASTERN RAILROAD SYSTEM m T V Ccaia? New York , Balt Lake City (02 Oeaerat Bank Bldg, Telephone Wasatch 6199 Pell cleaned up at the eumnt price and score wa scarce and In active demand The car market, while not ei trendy remained n Apply Tribune Office. f -- ;P 'eexEXEXizzx2aiaazaESESxssxzxsxxxfEXKeassssc3aKiase8s&scxssssssEassaa&KiEaaxaai , F, JOSEPH JI. YOUNG, RECEIVER '.of the store-rooadjoining The Tribune ; front-portio- "busmofficirT: list of October Offering bent upon request, CHICAGO, Oct. 9 A firm feeling prevailed on ,the butter market today, althouch bualnea w not ac.lve. Offering, were firmly held and price ranged from urn hanged to e quarter cent hlstwr. Fftie butter and med'nni grade, were firm with pries a quarter to half ho storage market appeared quletrr Belier1 a UU higher than .buyer view., pneue 5 S ONE OF THE BEST BUSINESS LOCATIONS JNTHE CITY, An Investment 10 00 2 tf 2 25 100.00 10k. M .60 .55 .8$ 8 80 8 85 60 90 65 06 m oo 8ft. 00 in r ) . or !M BIHIAL BlOt K8. butfar com... 8.35 3 60 fit. 90 94 Ifl Crm 30.00 M.0Q- Horn Kir Jns 816.00 325.00 ( otil InduppndPnt .67 .n 101 (in 108 CO Mrxn (hUBing Ob pfd ..... WH COM- PETENT SUPERINTENDENT, m 100 00 120 00 AnmifMUiaiiti 10S RAILROAD SYSTEM WILL EMPLOY GRAND 210 00 Httlf Tfl ft TH 8,.ee. Iopli,B ftujf 7 pfft nd com 8rttrsmmJo0noi m pfd . , Btamlani tVml'Ng II Fwl 7 pftl t'tahMuho Fttgar t tsh Kir ('lay I tab Pr A JA pfd RIO GRANDE 'PUEBLO, SALIDA, 95.00 106.00 Mt WESTERN iiw IFOR REN 00 150 001. - 6042 KiiixaMaauMiuzHEMxiiMisaiiisMiBiKBsaiiaxiziXMii&XBifiHManxi&HBjni 270 00 275.00 205.00 219.00 310.00 THE DENVER A ' (1) They Are 8afe. tha Income is (2) Being net. Wa own and 'Offer bonds of Utah Municipalities yielding 5 to - 8LTtAMCfTy.U7AH 11.60 9.67 11.80 9.85 10.75 QUOTATIONS. hard, 91.0914. Wheat N. Com No. 2 mixed, 68 667c; K. 2 yellow, Ns. 2 whits, 4Q4.8014i No. 9 white, 694800. Bye No. 2, t72H. , Barley. 5t87c. Timothy need. 85 006 28. Clover toed, 818.50618.50. Pork, nominal. , I 8U 50. lard, 811 ' 00612.25. Riba, 1 COFFEE MARKET. NEW YORK, Oct. 9. Tbe tnarket for coffe price to a defuture opened at unchanged cline of 5 point under eome scattered liquidaeome to through broker tion, which appeared Otherwise, tbers with cotton trade connection. was eery little tolling, however, and the market and rallied during the afternoon on covering San.late cable from trade buying on highersteadier ceat and a of freight and report to CAB It 9 ' ajuowajusuiw ,.11.65 .. a fttorewaSAiaiftSO .89 .80 .88 .. July .. .. .. LARD Oct. ,, Jan RIBS Oct. .. 'ment sum roe curt .824 .68 ,w tax-fre- Neb., Oet. 0 (falted iStatea Deof partment Agriculture.) Hog HeceipM, medium and light butPhera ateerty to stork mostly toe to lHe lower; bulla and veal Boot); tmog; mixed and packing gradea atnwg to ISc barely steady; ttockere and feeder 10c to She Writer; bulk packing gradea, 87 50ti8tX); bulk, lower. d 2i to butthera, fh 504i8 SO; too. ( Sheep Receipt. 25,008: lamb weak! t 89 65. 10c to 15c loweri top .western 218 35, Cattle Receipt. 22 OflO; better grade of fed clipped lamb, 21185; sheeplamb. and feeder corn fed beeyee. eteady; othera alow to 15c weak; .75; ewea, 25 65; feeding yearling, lower; prime 1025 puund beeyes, 81L75; aim lamb, 213.80. lAfTaWl. 'v. BANGS OF THS LEADING FCT0RE8. Open. WHEAT- Dec 81.07 1.0914 May .. ,, July ... . .. 1.02 Experienced investors buy Municipal Bonds because OMAHA, - mfflmmn. r-- State Department of Agriculture ) Cattle Receipt, Btrictly choice sad prime beef steer strong, gradea alow, supply comparatively scarce; about steady; many unsold at noon; top matured beef steer, $12 80, (weight 1402 pounds; several loads, $12.2512 00; bulk native steers, to Air. Ilebiiurd, leTng $y 25(&U.25; bulk westerns, early, $6 76 7.25; line, according It Was she Atock slow, about steady; bull strong to In Montrose county, Colorado. l uro 15c higher; veal calve largely 23c lower; light located many' years passed Into atockers strong to higher; other and feeders the hands of the Gates peoplo In 1Sj5. The development work consists of a shaft steady ; bulk desirable bologna bulla, $4.15$ 4 25; bulk desirable vealers to packers, $9.76 having a depth of 10 feet and a tunnel CHICAGO, M 1- -8 TOO; market il6c to 25c Top, 80 75; hulk. 87.SOS8.75. 83 50; market 15c to !5e Slieep Receipt, lower. Lambe. 8I2.0OS12 5O; feeder, 111 12 50; ewea, 8Lgifatt 25. i , "l'Btd. FLAXSEED. OTTLCTH, Oct. 9. price : Flaxassd, Wheat averaged October, 1227 saked; nosing November, 82.20; Decemheavy receipts at ber, 82.20; May, 82.2L Winnipeg and congestion of iupplies at lake ports more than counterbalancing the effect of warlike move by the Turks and of higher quotations at Liverpool. The United States government crop report Issued after the closeOn was generalwheat and ly construed ss bullish bearish on corn. Wheat finished easy, net lower to advance, with Deand May to 81.07 cember 81.07 9 to 81.09; corn closed a shade 81.07 lower to up, oats off a shade to and provisions unchanged to 22c higher. Except for a brief time at the outset When the upturn at Liverpool and the news from the near east were the chief factors, the wheat market was for the moot part Inclined to sag. In addition to the big arrivals of wheat at Wlnnl peg the stock at Fort William, Ont., had increased 9,500,000 bushels for the week. Bear made much, too, of an unexpected Increase of 6,500,000 bushels In the amount of wheat on ocean passage, deI 'TRUE Investment never fact that world shipments were invest, dleappelntsi spite the bushels ment thatf turns cut to less. 2,000,000 be speculation I ruinous Evening up to prepare for any surprise - te In the government crop report kept the many a budding for. tuna. You thouid get all wheat market from going very far In a down ward direction, and was even led tha facta about our plan to light rallies as the days trading drew of Guaranteed Invest-men- t. to an end. Several prominent commisTo make aaaur. sion houses were persistent sellers in the anc doubly euro, wo da. late dealings, the May delivery In parReal Estate First posit ticular being attacked, but the market Mortgagee with the Co-- failed to respond to thla pressure. Trust Co. of Balt ' lumbla Corn derived strength from general exLake aa security of our the government , report pectation thatmore Monthly Installment Purbullish than turned would prove chase Certificates. In. out to be the case. - There was also a aa you save free vest falling off in the visible supply total. booklet tell all you Oatg were Influenced by the action of about It. wheat. Some foreign buying of lard gave a lift to the provision market after prices had declined in the early trading. CHICAGO.- - Oct. 9. lower in price today, rewtnwirnw To yield 7'. This company furnishes power and light to 153 communities in Utah, Idaho and Colorado with an, aggregate population of 336.000. The company has paid dividends regularly. In good time and bad, on this stock since its issue In 1913. Dividends ore also paid on the second preferred stock. 1 RAILROAD BONDS. $7 calves, Hog 7B M and accrued. !:o Special to The Tribune Cettle ReNORTH BALT LAKE, - Oefc-- ft. low: feeder ktmin4 market ceipts, 34417; food. Frirne $6 25 ft 75; good teer, feeder irteer, $&U04$ftftG; choice $5ft0ftftt; cow and heavy heifer $4 25r&5 00; fair to good cow and heifer1, $3 504 60; cutter, $2 00 4l3 00; cannerm, i$lD0.2 0o; fat ball, $2.&t)6i 3 60; bologna taiila, $J 00 3.00; light veal T.3I. Hi 92 52V. ft3 37 V t UU. 9 87c. The pot merkrt was reported steady Sa s fair demand, with prices on the .hasia st 10c to 108c- - for Bto Ta and l&c to 15)c for Santos 4. , E IS ACTIVE hlrher. at at 9 83c; Bept. LOCAL INVESTMENT SECURITIES, (A Rrportrfr by J. A. Tfoylr ft Co ) aV MV First" Preferred 6 a.'t Lake City Ogden NEW YORK, Oct. 9. The events of financial significance today were the announcement of the governments neW long-terloan at a, 4 per cent rate, and another abrupt fall In the Cer man mark. Neither of these occurrences had any visible effect on the general market. The stock exchange did not even display Its habitual interest in a rise of call money rates to 6 per cent. These movements In Wall street demand loans are recognised nowadays by well Informed people as merely the ruffling of the money market's surface, but the stock exchange has not lately discussed them so philosophically. Today, however, the stock market was given over to a fit of excitement regarding oil shares and "stock divldenda" A good deal of nonsense was talked about this splitting up to of company capital, but It appealed Wall street In Its present mood. Outsuch concerned with side of the stocks rumor or Influence, and of a few other Industrials, the days prices moved with a good deal of Irregularity. At Its low price of todav, the German mark sold actually 35 per cent below the bottom rate of the August currency a cent, panic. Measured In hundredths 6of on Au the price had recovered from whence 25 on 6, 814 to September gust It tell back to 4 4 at the end of laat week and to 3 4 today. Both movements were natural. In the convulsive break of August, the mark was not only measuring past Inflation, but foreebadowlng the future. It moved too fast and the upward reaction followed; but Its foresight was oorrect, and now It la measuring visible events. The German currency is a huge mechanism whose wheels, started cheerfully by perverse of Ignorant hands, are now running at a pace which increases daily, which the frightened manipulators cannot stop and which will end only with the wreck of the machine itself. Outstanding Liberty bonds were quoted as a rule slightly below last weeks closto Indiing prices, which might appear cate that tha market had not been favorably affected, whether by the amount or by the terms of todays offer of a new loan for 4 4 per cent twenty-five-ye8500. 000.- 000. As to that. It must be said was loan the of amount (which the that an unusually, well kept treasury secret) Is seemed much less than the market lately to anticipate; Wall street had talked of il.MK).000,000, or even $2,000,000,000. There Bad been some vague suggestion of a 4 per cent rate: which, had It been selected, would naturally have enhanced the price of the outstanding 4 4 per cents. But It was not expected, and the secretarys judgment evidently is that this would have been a hazardous experiment. Neither money market ner investment market is at present more favorable to the when something over treasury than It wasbonds were exchanged 8300.000.- 000 Victory a half for three and year 4 per cents last June and the Influence of the longer maturity of the present oflarger offering was somewhat a matter conjecture. 200 at $5.30 VOO ftfe $5 7ft, CLOSING BALES. at c. Tmnri. ftooO I tah. ftoo at 12 Ve; BOO at 13c, Mlchigau 1000 lOe. at Friar, (Mlvrt King Coal., 100 at 2.5; 800 fit 3 52V. Hllvrr King Con., 800 at 89r. Ttntlc 'Standard, TOO at $3.35; 400 at $3.30, Park 63 65 do 41 73V B4V 175 Jil. 72 Utah Power and Light . $U Jttf. r ciiiof Con , 100 at $5,50. 900 at 50c. daV oo 64 V 62 75 V Cnlnrtibia i Much Irregularity; Discuss New Government Issue. unlisted. Banker 7 With Mtn, im ....191544 Airea fta Rc. Alta TnnnM, Argentina 6s JW5 .... ...... do 6t 1947 Bmxll 4 link) (rly rvc loan) .. , .... ... do . ft 1903 . da Move 8 UNLISTED FOREIGN GOVERNMENT BONDS. (Aw Reported By J, A Tin! ft Co do ft Price Day ar ........ Opfair . 1 .... e... Florenoa Oold field Coa KWtDH ........ ... Jnmbe Ext ........ . Kona Star ........ I ! .......... !taotIi . 5 Dl.lrlrt IE1T I m war-sca- re OF iiuatlon. The Match poaltton told np from 1 66 to 9.18e and tho market cloned at a net adyaiwo of S to 18 point. Bales were eatlmated at lft,-0bar. October. 9.05c; December. 9 9e; January, 9 17c; March, 9.15c; ,May, 9.08c; Jul ITI FALLS ABRUPTLY large 1 JI BE SALT LAKE A |