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Show THE SALT LAKE TRIBUNE, TUESDAY MORNING, JANUARY 23, 1923. ranees METALS. OspserVmi ..149 Me silver Farst- Daw (is j fl.li&t.M Trfc) SNO fptltar (East St. Leai (liv66.9fr6.86 ery), spat llvar (la Xmdsn) ......... .8 I ltd ARE UNSTABLE . GASOLINE ALLEY STARTLING TO SAY THE LEAST , ' '., Oft OTHER!, WHO ffcRENT L? HAVE CLAIM ON TW CHILD M10HT HAVE ' L. - ItO MX)B HOMOB Aftf mi fwnp INTEREST -- VftlfqFTfff fSlgjptW AM Hfc.VE NOD IM i TrE ONE IgfsiSSgi ALIA SECURITY Lead Alone Stands Firm as Result of Growing Demand Here and Abroad. NEW TORE, Jan, i2t All ths rcsjor son!rroDa metal markets, with the ez-- " decided and Ehfftneerln that may be alMining; Jouenal-Fresmost wholly ascribed to the disquieting situation abroad. There -- haa been no change In the position of lead, which li The weak- -' atlU exceptionally strongr. nees of the London market has affected that In New York. Copper la easier to obtain. Whereat last week practically, all producer were asking and receiving 14.75 cents, for their metal, this price can bs shadd. In one or two directions 1462$ cent delivered can be done. However, several large producers are at adhering to the Higher quotation, some which they were able to transact business. Although the tense European situation has not yet. had any direct Influence on the marks, it Is evident that producers are somewhat , worried over the outlook for Gorman purchases of copper, which ax an Important factor In export trad. European sales of copper have been remaining practically out quiet, England ol the ' market Tho eonsolldation of Anaconda and Chile Copper, as at last officially announced, has not had a stimulating result on prices, probably ' because had been the amalgamation known and discounted by the trade for several weeks. caption of 4ead, show a, ir. to the a, . Situation Unchanged. ' Ths new arrangement does not alter the ctper situation, as it neither adds to nor subtracts from the amount of metal that Is available for consumption. d lot of copper for A sal of a of the delivery through the second half was an year, at 14.75 cents delivered, the week. feature of interesting l contract price of lead by the The otfk-taAmerican .Smelting and Refining company continues at 7.6ft cents- per pound; New York. The shortage in lead ahow A meane signs of being diminished. sure of its acuteness Is to be found in in the be observed the great variation to only in - the prices quoted for lead not Now York market but m that at SL good-stme- - Lou la. In New Tor by far the greatest amount of Jead was sold at 70 cents, although quotations have been made as high as I cents. One large producer sold merely a handful of lead during the week, as his stacks are exhausted and he has made all the commitments he cares to for the time being. A few sales of several hundred tons each about 150p tons In the aggregate were to average made by ether producers thia about 7 65 cents New York. A not IndiIt one. Is does a weighted price cate the lstrge premiums that are being L asked for prompt shipment of small lots. Lead Demand Strong. ' FEATURES TRADE West Toledo on Turnover of 7500 Shares Rises to New High; Others Firm. Trading on the Rait Lake Stock and Mining Exchange of fair range and vol ume was featured by the aggressive advance of West Toledo and the firmness of nearly all other active issues. Ths Alts favorite on total trad ns- of 7600 shares advanced to a close of 17 cents. Strong buying support on th part of those who have visited the mine sine the recent strike was apparently the cause of the advance. Inasmuch as no work has as yet been ' don on the discovery.. Work of putting the mine in condition lor production Is going on steadily. little May. however, suffered a slight decline for lack of that suDDort which put West Toledo to a new high. Kales of 12,800 shares of stock put the stock down to a close of 4 Most of the 1000 shares tradingsoldwas dona at 6c.of Only 4 were at the low Silver King Coalition traded around 13. 80, and Tin tic Standard at $2.80. Plutua opened at 64o for the sale of 300 shares and declined to 82o on the sale of another too shares. New Qutncy opened at I and closed at I on a turnover- of 6600 shares. The fire of the preceding evening which destroyed Its shaft house had no effect rrw T0SK STOCK LIST. SALES. on- - the price of the stock,- - as the com 8la. High. Lew. 01oe. pany is protected by insurance and the rey's total sales, 2,000 shares. S7.2S: net work will suffer little or no delay. Twenty Industrials averaged, ftO 81 81 Anm ( aa . . On trading of 6300 shares Michigan-Uta- h Iom .3ti. Ama Oar. 1TT 1TH 179 Fdy advanced to a close of 12c. Quo87 Asia HAL, pfd. ... High, 1922, 10J.48; lowu78.o9. 6 87 H 87 tations follow: Twenty railroads averaged T6.10: net Ama iDtmatl Corps.. i -- 2S 23 - -1 PRICES FOLLOW UNCERTAIN C0UR6E 10,-2- High-grad- ., y Nevada Con. Copper Mine Operation Are Speeded Up II i.tsnm stocks. ........ Alt Mlra Alta Coo Arn JIMtl Mia Alt Tusnel .... Bullion Big Hill Big Got Coal Blek Metal Blnfhtn Galena Coo , Crows Point Cardiff Cott King Cot etstals Daly tvrna Emma gllnr Eureka Mine I. Crew Point B .06 .1U lisTl 0olOoa...... 00it 04 Bast Antelop Sarek Lilly Bullios Bunk Grand Omt Iras OSH .01 4 09 Central Westora Galena .... Hainharg alio Howell Bloaaom Indian Queaa Iroa King 1 Lyss .01 01 .............. ,om oi 28 .. .... ..... 02 04V, 01 H .001 .04 , ! Big . Mama May Day Maaoa Valley .... ........ .... ...J ......... .... ................( .... Mnat Blsfhaas .... .... , ... New Qulscy Moscow Mlchlfia-Vta- k Ml .on '4 I a Tth ic .14 .42 .05 .05 .02 .no4 .OS .so .1)1', .12H .04S .014 .001, ,S0 I.so s.so vo ,01 ,S .00 A3 .OS - .01 .03 OS . 8.50 , .001 041 04 oo4 2. SO 82 01 01 4. .02 .11 ,10 .00 it 2.40 .02 y4 .02 H 01 , .00 I.St) .01H .00 V, 114 8.27 .. at-lk- r, le. high-grad- EMPLOYEES Would you like to acquire an interest in the corporation by which you are employed?. We will purchase stock in standard corporations which have a ready market for a small commission and after making a safe initial deposit will permit you to pay the balance on a monthly payment plan For further particulars, call or write, mentioning the security desired. J. A. HOGLE .& CO. OGOEN P0CATELL0 LOS ANGELES 7- 8, 8, 01 Bam Cos 1- llPan-Americ- 01 01 the part of large traders. 4. . ,W .40 g on Opinion Is general that the Kuropean situation Is exerting a decidedly restrain ing effect on business,' ana that public participation In th market is s negligible factor. Some uneasiness was caused today by th further depressing of French and Hals-Iabonds, a number of which estab lished new low records;, another slump In foreign exchanges, some of which are approaching their November lows, and news of railroad and miners' strikes in the Ruhr. Iemand sterling was quoted around 14. US as compared with last week's French francs dropped high of yt.tl to as Mc, against Saturday's close of 1. 49 and the extrems low of .17c eats blUhed last November. The high mark of 7.44n this year was made on January 2. Italian lire sold around 4.70c and German rmarks were selling at .0047c (about 21,800-pedollar), only slightly above th low of all time. .0042c. which was established last week. The abrupt break of 58 fvolnts In Danish exchange was generally believed to be the Indirect result of the weakness of German marks, which In Copenhagen have been heavily traded "afainr activity In the Industrial list cen tered In Baldwin and StudebaJcer, th former showing a net loss of 4 snd the issues wer latter active and strong on menu announcement that the company has no Immediate Intention of offering a 12S.0OO.O00 Inane of 7 per sent preferred stock, Satarising from urday's report, to thatof effect an amendment of a misinterpretation the company's certificate of incorpora- A touched 88 and then reacted- - to 87 8 for a net gain of 1 -. and the B closed at 80 4 for a net gain of 1 which Weakness of International Paper, was a net loss of 16-closed at 49 belief that on the speculative predicated a large opthe annual report would show Tube preferred Steel loss. eration reports touched 10S7-- 8 on a revival of 110. but soon at that H was to be retired for a small It reacted later to 1031-- 2 . fractional loss. Fisher iBody broke more than 5 points on the reports of a new financing, and was off points on a small ..Slf. Wheel vvm. fa. was strong on earnings. Pressed Steel reports of higher which has been under Car preferred, of speculative unce pressure as a- result raHled 8 J over the dividend. ia points on reports . would be paid. rest t.ii--- .i .Kn rot eaaed With th In th most actlclty the with of the list Southern Railway. issues. which enjoyed a iwioa JT New TOT Cen- 2, IS Mining- Victor Ooa Victor Mining West Tolatlo Walker Mining Wood lawn Znma .... .02 .04 .Of) .01 H 00 Prove park tltak ,. Rteo Art Head Peak Coo Rico Well South Standard Syndicate Silver King Coal Silver Klaf Ooa Sioux Mine Swanaaa Co StlTer Shield So Iron Bloaaom Tar Baby Tar Baby . ... Tiatlc Crntral Tlntlc Standard .AS .OS .OS .01 . Cos Prine Ploche Brlniol reel ooi .08 .02V4 .OS 2 no .IU .OS 1 .... Price .00H (10 1 Nalldrtrar North Standard Oponoaro Ohio Opper Park city at Patns , .01 Vj .01 .11 .M ..... Krton KoBsobee Uttie May Uki Tlstle loaora .03 .06 ", .. Chain l.li .12 .01 East attitude ,03 1.08 .05 .... Cos 22.-(- sua-ceed- Reiall 121 0 122 Asia LocomoUr Ama Bmelt A Kefs. . . M4 68 11 7 76 Ama Sugar 1 122 122 Ama Tl A Tel ...... Ama Weolea 22 04' 4. 8 Ama g. L A . lfH 1514 47 Anacoada Copper .... 104 47 14 10 Atcbuna ... ........ lDJ, Baidwia Ijoeomotlr .. 20 132 41 Bait A Ohio t ,20 Beth Steal B ........ 2 81 8144 "Butte A Bap Copper . . 5 S 1 132 Calif Petroleum 79 Caa Pacific 8 1424 Ul SS 18 84 14 Oeat Leather 18 Chandler Motor ...... 88V4 6644 121 M Klgh, I9K, 9ZM; low, 73.43. .... By NEW YORK. Jan. tho Asso .... t .004 .. ,. ciated Press.) Speculators for the decline ,, rjr.r .. . .01 .02. reac endeavored to another about, bring .... ...... .024 .OS tion In .01 today a stock market, utilising , ... .02 week-end unfavorable ths m developments .02 abroad as an excuse, and, while they 03V .09 In depressing a number of the 03 oa active Issues, they failed to irlng out any .04 10. go 10.00 or to break large ' volume of selling .02 oo; through last week's kw levels. This was .... .19 .22 regarded toy some observers as an Indi.04 .05 cation of the market's inherent strength, . ... .OS .02 but others were Inclined to regard It as Che '.80"4 .84 (lit, merely reflecting a "watchful walttrur ot AkMl. Bill. .0S ! Central Eureka Colombo Colorado loss, .26., -. Mine Blnt-ha- 6r; SALT LAKE . . . but rmurcisco xnriNa stocks. GRAIN MART IS TD BE BE . by Park ' City Smelter. I .08 .0114 .01 .01 .R5 .02 .01 .03 ns .17 4.00 ELY, Nev., Jan. 28. Reports from OlVi 0AH indicate that production of copper .OA ,og Is to be materially speeded up, and that OFENINQ BALES. the managiement of the Nevada Consolidated is contemplating increasing the proRmma. 1300 at duction by April 1 to 6,000,000 pounds of Howell, 1000 at SVie. Little May. 1500 at 6e; 1000 at 5V,c; 1000 copper per month. 8000 x mills are now feeing operated at at Mlchlg.n I tah. 4A0O at 12e. the new concentrating plants and two 8000 t ?e. New gulnc-more are expected to be installed in a few Plutua, S00 St B4c. days. The extending of operations as 200 It $2.S2Vj; 200 It Btlvn Coal., King planned will mean that many more min-- ers will te employed at Ruth, both in the $2.80. 100 100 Kllver SAc; at at 87He. Klst Cos., and the underground workings In the pit Wnt Toledo,, 1000 at 13c; 3000 at 18c. Hirth mine. CIKB. It Is not believed that it will be necesBnlltoa. 1000 at sary to Increase the present force at Mo (till, although it is likely that a number Mlchlftn L'tah, 700 at 12. of men will be taken off of construction and filartrd in the operating department Combined Metala.tSMSTIIi 2300 at 14c. of the mill. CLOSING SALES. The demand for the red metal has been Howen. 1000 t V4c good for the past few months, and the Little May, 1000 at 4 He. below supply on hand is considerably Lehl- Tlntic. 200 at lV4c normaJi according to statistical report. New Qui ncy. Sfiflfl at I Ho. The Nevada Consolidated Copper comPlutua. S0O st 62c. pany bb now classed among the "low BilTer.Ktag Con., 100 St le; 100 t Sic; e cost" rroducers, and as tho 800 st 83e. re body In the Ruth mine is developed Tiatte Standard. 100 at $20. Ms position mill become stronger. Wert Toledo, 2000 at 17e; 13O0 at 174e. Mc-G- DATS TRADING Iff - l-- low-wlc- K ZVT- c below the high of the year, tnlon establihed a new low for ths year but rauiea a vwuii at 136 per ".ii n.nno nnoned and held at money cent throughout the day. 4All time and 4 J maturities are quoted at being with a few loans up to ninety days The fculk .t th. lower ftsure. business in prim of the commercial P names is done at la-clfl- 4, tPr 10CA1 nTTESTHTWT BECtTKITIES. An n't''"1 t J. A. Hesl A fe.) " BAN K 8TWK8. I Bid. lAakeil. 8155.00 8170.00 B.nk'r. Trul I I .os Troat Cotumbl 27J.0OI 278.00 Dearret Nattvl 2O5.001 210.00 alna ... 160.001 rtintlnental National ... 148.001 National Copper . . 110.00 State Bask 8erl.v '1O.VO0! 110.00 l'tah Htat National .... 108.001 l'tah attica A Treat 230.001 2S.V0O Walker Brno Banker mm m 212.00 TI..1,'. RaTlrtz A Trust 137. Ooj 140.00 pirat an4 l'tah Nsl of Ogdea 190.00! 200.00 rnn do Bms of 1NII STKIAL 8TWK8. ITt Hid. ............ 8 Standard Coal U S Fiifl It pfd I'tah.Maho 8uar l'tah Hah Pr City, according to George W. Lambourne, president of th corporation. Ttis elecMS trolytic department of the smelter, how1S'4 ever, will remain idle. 47 Roasting of the. concentrates win be 100 undertaken In order to take out the sul1S2 reduce the bulk and Increase the phur, 41 U values of the several thousand tons of 81V zino concentrates stored by the company 2114 since the plant was shut down. Super11 intendent T. John Ellsworth will b In 142 charge of operations. S9 Work of cleaning out ths stacks and S8'4 other preliminary preparations are now A Ohio 8 T1V4 11 71 under way. The concentrates after roast21 Mil A St Paul... 42 21 21 Cbl A Northweater .. 21 784 77H 11 ing will be Shipped east for further treatChi. B I A Pae ment 82 2 8 82 2ft OWno .Copper 25 4 'The Judge electrolytic plant, which has 1 Colo Pnel A Iroa e a capacity 2S4 2ft, 26 of fifteen tons of Corn Producte 8 125i4 128 126(4 spelter dally, is ttie result of develop86 Cradbl Steel 72 70 Tl recent ment. of a process for the produc12 Cab Can Sugar 12 6 12 sine. The product is tion of high-graBrl 10 8 10 10 all of the spelter of the highest purity, 1 182 Oea Elertrie 182 182 to date produced up exoeedlng 99.8 per 14 Oea Motor 84 14 14 cent sine. pure 72 72 Ot Nor, pfd 2 73 During the last year or more the plant ft 88 88 8S14 Inaplratloa lOopper ... has been idle because of a controversy 10 1st U Marine, pfa.... 40 89 40 over power ratesr As a result, those con6 14 14 14 Intematl Nickel centrates produced by the company's flo ftO 126 M 4 Intenatl Paper K O Sottthara 8 tation tplaat have been stored, awaiting 20 20 10 22 Kena Copper 85 85 85 the resumption of smelter operations or i sale elsewhere. 11 11 Middle State Otl .... 41 11 14 27 27 Mldvat Stel 27 The amount of concentrates roastsd Ho Pacific 15 8 16 15 will depend upon what kind ot a roast 1 Moataa ,Powr 66 66 68 Is desired. Production will probably run 14 Narad 2 16 W Copper . about 1000 tons monthly. N T Central ..... 20 S3 3 9S H T. N B A IUrt 8 18 18 18 WHOLESALE DAIRY PRODUCT. Clajr lt pfd' .. . . ..I. ptd ... ,. (iooda .... 8.55 90.011 40.00 810,00 .61 109.50 103.00 2.25 ioa.00 ,80 . JCJ 1.10 6S.0I iAked. 8.7S 92.00 49.00 820.00 .70 104.00 105.00 2.50 106.00 . .70 ,8 8.20 88.00 97.00 16 122 - high-grad- . 4 111 Norfolk A Wester... Nor Pacific 2 73 Okt 2 Prod A Refg..'. 6 Paa-Am-a Patroleua ..820 88 PennarlT! 1... .... Pittsbnrg A W Ta... 111 72 46 84 13 78 49 6 8 7 16 ft Ray Co Copper ..... Beading Bep Iroa A Steel .... Royal Dutch, N T.... 2H ftO 8 hall Trana A Trad... 86 Sinclair Oil A Befg.. 98 82 18 88 80 Pacific 141 80 Railway 29 8 117 Std Oil of N J. pfd.. 161 114 8tndbakr Corpa 90 48 Texas Cv A Pacific .... 8 20 Tia 81 Tr 8 Products 11 18 TranacontI Oil ...... 11 186 llnioa Pacific ....... V S rood Products... 2 4 U ft Ind AlcohV ..... S6 64 IT 8 Retail 8 69 ... Stores U S Rubber 16 B9 U 8 Steel 182 106 rub. (Copper ..... loj Willys-Overlan-d ta hundred a. Total sales for th 72 2 2 84 87 46 84 46 84 18 78 49 80 85 13 8fi 81 81 88 29 117 114 47 20 81 88 2 117 118 47 20 81 11 63 4 100 6 60 .. 111 76 48 4 11 Western Colon ' Weettnrfcouae Blee UoWUisld District Booth .... Blue SU Cemb met Ion For-eigIMsmandfitld B B Florence .... Goldfleld Cob Kewasae .... ..... . Jumbo ixt' . Umm SUr ". t Ore Silver Pick Cos District alanhatta Manhattan Cos White Cap Grandma Spearhead Gold Cracserlack . By CHARLES D. MICHAELS. Greet Bead Lak Tribune Lcaaed Wlr. Kendall ... .... Chicago Tribune-Sa- lt Bed Hill CHICAGO, Jan. 22. Scattered liquidaDistrict tion was on In wheat, corn and oats, CeaGemstork Vlrfinlai and prices dropped to the lowest figures Hal St Hercros since early In December for wheat with Mexican OptaJr May down to 11.15 6-- 8. Buying throughout the day was by shorts and on rest- Saras Sierra Nevada ing orders, but was less aggressivs than District Tonopau of late and the finish was well toward Bolmont the bottom with net lasses of 1 Bor. Cms 8l c on corn, Gipsy Quean ,. ?l-l- 1 l--on wheat, on oats and 101 on rye. Jim Butter 136 4 63 69 59 105 68 7 T 1(19 Lt ....... h fresh extra eresmwy butter In cubes Cass lots, Fresh extra creamery butter la carton. . Fresh extra creamery batter, parchment print Is cartons. Frrah firsts creamery-butt- er Fresh first creamery batter, parchment print Cooking batter In cab Selected fresh eft . Ranch egg Full cream cheese, triplets Full cream cheese. Young Americas... Full cream cheese, squares ... Block Bwis chses cheese .. brick Cream f .47 .60 .49 .47 .46 .40 .86 .38 .26 .27 .28 .32 .80 TTJRPENTIinE. SAVANNAH. 0s., Jan. '22. Turpentine, firm, 1.45; sales. 850; receipt. ,198; shipments, 99; 11.712. Rosin, firm; sales. 880; restock, ceipts. 619; shipment, 66; stock, 88,874. D .O B B F K, 4.99, U. 8.86; Quote: 6.00; WW, 6.75. N, 6.T5; HI W, (A Swift Adrentur Ah meek , .. Arts Com I Mine Bingham Cat A Art Oal A ,H1 Capper Range Park City MAS Bast Butte Davl . Daly Hancwk Island Creek do pfd .... .... ... tsl Koyal Karr Lake Lata Copper Maaoa Valley ......... ss .... Ioph -- 1- -2 Mohawk. North Butte Nlplasln New Cornell Old Dominion Pand ,Cek Qoincy 8ha Marhy Sup A Boston 8np Coppit Tuolumne .... Ctah Apex tlth ,. Cna Copper ... .06 .10 0 .08 .08 .07 .11 .10 .. .0 .04 .08 .... .. .... ...... .10 .11 .08 .10 . . . f . 2 21 2 66 9 6 16 20 40 26 . II . 2 1 ....... Smelt A Kef 5a 1947... Ami Tel A Tel fta 1946 Both Steel 6s 1948 Cuba Cane 8a 1M 1931 .. : DuPont 7 1937 .. Emp OAT Ta risk TRjibW " 8a7T7. Ruh 8s 1931 Ooodyear T1r 1941 63 S .. .. A 6 2 95 70 43 10 1 90 60 42 3 nrDTJSTRIAL BONDS, Reported by J. A. Ho le Humble Oil Ref 8V4S 1932 Kelly-PprtnTire 8a 1931 Keen Copper 7a 1030 Uex Pet 8a 4936 N Y Ed S941 N W Bell 7s 1941 .... Otla Steel 8a 1941 .' Pae Gas A Klec 6s 1942 Pac Tel Bs 1952 Sinclair Oil 7s 1937 Std Otl COIf 7s 1931 do N T 7s 1331 V S Rubber fts 1947 1 82 2 ....... 41 26 50 2 80 . 8s 2 2 67 9 6 17 1 Am do 8 1 8 t 102 94 Co Ctah Mottle Shannon .... 8t Mary South l'tah fA 3 8 81 . ..T.i'TT. Aked. 8 y Co.) Bid. 90 98 90 iAkil. 91 .92 108 94 107 91 90 90 ' 108 94 108 102 115 98 109 101 114 96 108 n im 110 92 , 91 100 105. J05 109 .07 07 .OS .04 .8 .10 08 08 .08 .18 1.47 14 1.42H .83. .09 .73 .81 .80 .08 .... 70 29 83 .S4 .20 1 Reported by J. a. Hogle 6s argentine1847 .Of .04 Eorekt (A .18 .03 .04 .80 .11 .04 11 01 ..... .... ... - .08 ... 1.40 m,p do 8s BrssU 4 1900 (ry rec loan).. do 8 1908 do' 8 1908 Bur aos Aire 8 1916-- 14 (larfs) do 8 1918-4-4 (small) do 8V.S 1906 do s 1926 Copenhasea 4s 1901 Cabas govt 6 1929 (Urg) .. do 8 1929 (small) ... .... Jap Norway 8H 1903 do 8H 1904 Paris Or If ana 6 1986 Bao Psulo 8 190S do 6 1907 do 8a (Guilders) 19S6 Co.) Asked. Bid. 76 73 1848 - .OS 77 78 41 61 84 63 I K 89 60 0 60H 61 48 i 45 71 "4 73 98 93 80 87 87 91 89 78 86 .... M 92 68 61 f 866 4 4 70 I 60 880 4a . RENT OFFICES ADD GET Office In the visible had no effect. Sentiment remains distinctly bearish with a light 163 cars. outside trade. Receipts, Houses with eastern connections were The Men Behind Columbia Steel Service management and directorate of the Columbia Corporation includes men with a record for accomplishment, who have ample resources back of ' them. BLDQ., 4T East" Broadway. r m Following is a list of the officers and directors: a Ftlontli Including Phone, Light, Heat, Janitor. COMPETENT OFFICE GIRL THE Duty 8 to 6:30 to Take Care of Your Calls "When You Ait Out, On a- 0FFICEBS (ALSO DIRECTOES) President, W. E. Creed (President Pacific Gas & Electric Co.) First Vice President, J. D. Grant (Vice President General Petroleum Corporation) . Vice President and. Treasurer, Joseph Sloes (Columbia Steel Co.) Vice President; D. H. Botchford (Columbia Steel Co.) Vice President, L. F. Rains (Coal Operator, Salt Lak , City) Secretary, John D. Fernstermacher Betlilyon Home Builders Co. Agents. See Guy Wilson, Bldg. Mgr. Wasatch 292. 7 . , OTHER DIRECTORS Herbert Fleishbacker (President Anglo London & Paris Na" tional Bank) John 8. Dram (President Mercantile Trust Company) W; W. Crocker (Vice President Crocker National Bank) W. W. Armstrong (President National Copper Bank. Salt Lake City) .' , - - r Albert E. Boyrfton (Attorney at Law, San Francisco) O. G. Dall (Counsel, Colombia Steel Corporation) t A. 0. Ellis, Jr. (Attorney, Utah Copper Co., Salt Lake City) Del B. Moore (President Monte Properties Co, San FranS. F. cisco) E. F. BnrreU (Vice President 0. A. Hooper ft Co cisco) . 110 108 99 92 107 "98 100 25 08 San Fran- 108 107 91 01 06 in 108 75 68 9 18 66 295 36 3 8 8 2 108 96 23 8 8 . . Slraoa Lead ., Tooopah Dev l-- 8c 0T COMMUIMITY C.) 22 86 ......... Mae Mich OT 04 .. End . Bid. 108 60 66 9 17 64 .08 .'. Other Districts Ronnd Mrs . WeM Divide .; .65 .19 .07 .08 .08 .08 .08 08 .... Midway Mob Pits Bit MarNsmara North Star Rases Kul West .OS 03 ........ .... .... ....... Hattfas I .83 .08 .... .... .08 ,03 1$ .03 .04 ... ..... day, 808.900 sham. B06T0B COPPER CLOSE. Reported by J. A. Hogle A 07 8 69 109 95.00 88 88 V 200.00 97 91 Csr Chem 7 1947 Walker- - Bros Dry 11W6 112.00 113.00 W V Tl 6 111 110 Z 0 M I 97.281 . . 95.00 6a Dr 1932 Diet Rrlshton T.00 7.20 Xlntual Creamery........ B0ST0H CURB CLOSE. S3.O0 25.00 l'tah Oil Kef 9.10 8.75 IAS l'tah Idaho Snrar pfd by J. A. Hog I A Co.) BONIMt. I Hid. AskKl. B'd. iAked. Boatua Bly . . . . , . 16 80 6 10 88.001 90.00 Butte A London . . 8 L Stork Ex 6a lO-'- O . . . . Boston 2 ,1 Montana. 95.00 97.00 Handard Coal 6a Re 4 4 2.0O 94.00 Chief Con. 1944 l'tah Tr A Lt lat t'oo 8 4 Cottier Mine, 88.00 85.00) l'tah 1A A Pr 4s 1930 65 75 97.001.' 98.50 Oadsden .... . ,, . Vtah-Irta8uear 7t 5 Iron .Cap 6 Canada Copper ... 2 4 COTTOIf MARKET. SO ' Rtireka . . SI " 2 Verd .... 2 JiBW T0RK. Jan. 22. Cotro fnture epened Jerome Iron Blosnom 28 35 wea- -j January. 27.92r: March, 28 04c; May. !tew Cornells .... 16 17" Cotton 28.20c; Jnlr. 27 (c; October. 26 SOr. Nevada 10 5 Douglas 27 87c; March, cltiwd fntur tead); January. .. .... Verd 27 28- -r Est 27 28 Jutr. 28.tr2r; May. Wc; October, Ohio 2(icr . . 48 62 SRwt- unlet ; mtddiuif, 26.16c. 28.16c. Cipr A , 11 185 4 62 89 58 103 62 K 69 T by Mutual Creamery Company.) (Quotation I I ......... .... as Bearish by Traders. Foreign conditions ware construed as very bearish by wheat traders and little attention was paid to an early advance of In Liverpool on small world's and a decrease of 1,898,000 shipment In supplies on ocean passage. There was fair buying of May at tl.lt early, but th aggressive buying at that figure so much In evidence of late wa absent 8 stop-loand around 11.17 order commenced to be caught. Supporting or- were aers at 61.17 ana again at finally filled up. Continued dry weather southwest and complaints of winter wheat deterioration In central Illinois induced free buying of July and selling of May, which narrowed the spread to 4 at th last recently. A moderate against around 8c export business was put through at th seaboard on the break with 160,000 bushels hard winter taken at to over Chicago May. There wese offers to resell by the United KlnKdomT however, at below re placement cost, and pessimistic views as to the outlook for fresh business are Cash being expressed by exporters. wheat here rwa 1 to tc lower as compared with May and assisted in making th decline, as did an Increase of 2,636,013 bushels in the visible. Numerous bulls In corn went out of their lines during the day with houses with eastern connections which were the best buyers recently leading the selling. showing 1 May dropped to 71 c, under Saturday's close, with th finish 71 6 71 Sc. corn was off Cftsh to at as compared with ths May, news was of a and .the bulk of the bearish character with Kansas C3)ty get ting some corn billed from Denver, which was recently reported a good buyer In Nebraska. Receipts, (70 cars. Support in oats was not aggressive and with corn weak a decline was easily attained. A decrease of 203,000 bushels Asked. Bid. Sale .... .... Amals Buxar cot Ae 8a ptd Cos Waton Borne Fire Ina .... .. Independent Coal M"r tanning s pro ... . Mt Statea Tel A Tel peaple'a 8urr pfd and com Boasting operations are to be begun at the eleotroiytlc ilno smelter of. .the Park City Mining ft Smelting company at4 Park l Reported by J. A. Hogle it Oo A Evidence of Uneasiness Over Foreign Situation n Reflected in Curtailed Volume of Business Desulphurizing of Zinc Con-- . Buying, Is by Shorts and Absence of Public Buying. Conditions Regarded centrates to Commence l-- io Gold The demand for lead Is phenomenal. Another lead cable plant is to be erected in- New Jeresy soon, and still another in the middle west. The automobile manufacturers' look forward to a splendid year, whitui would have a beneficial effect upon ths demand for lead storage ' batteries. Bpanieh lead has been going to Germany almost exclusively, and should the critical situation abroad affect German surchaaes of lemd of which Germany is a large consumer Spanish lead may b driven to London and so bring about an easing of the pr.V' there; which would aid the situation vers. do not seera anxloos The galvanism buyers, and their reluctance to enter the market for a normal quantity of sine has caused the quotation to recede further. The statistics of ths American ?.lnc Institute show a, decline in stocks during December. Production was 42,841 tons; shipments were 44.088; stocks on hand at the beginning of the month, were 19,497, and those on hand at ttas snd of the month, 18,253 tons. It is to be noted, however, that the shipments for .December Included tons for export. Without the support of the sales abroad, a different picture would nave been presented. Lost week export buying was again in evidence. The bulk of fixe business durfor forward deing the week was done livery, a condition which Is reflected In our quotations. of Spot tonnages command premiums e sine month. ( points per 7&8.2S cents business is excellent at pound, with customary freight " IN II ROASTING liberal buyers of rye, presumably reals moving hedges aarainst export and lt Germany bought rye over nightamounts was. claimed that lt had large under contract already. Local were tha, best sellers. Ths two norinwestern mar . ; ket received 188 cars. CHICAGO Columbia Steel Corporation ' District Sanitary ' 1 First Mortgage Bonds Are being offered to investors at 100 and interest. l. i Send for detailed circular and information relative to the property and business of this great industrial unit ' . ' PALMER. Bond Ca Circular on request- S?MoTtgigi Walker Bank Building Telephone Wasatch Bonds bus Jan. 1, 1(28 to 1934 Free from all Federal Income Taxes. Eligible as security for Postal Savings Deposits. Prices yielding about 450 to 4.08 (According .to maturity) T- -c 5888 Rational Qtj Comjaij New York 802 Deseret Bank Bldfl. Salt Lk city Telephon Wasatch 8199 -- a |