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Show THE SALT. .LAKE- - X GASOLINE ALLEY-NO- TEIBUlTJmKSmY MORNIKG, AFKIL12, J9SL. 45 WHERE DID HE PICK THEM VP? W, Idaho Mines' Bureau Will Make Investigation -- in Coeur dAlene District IpKial I Th 3 Snappy New Arrivals! Tribal. uoacovy, Idaho, Caere knows today April U. It be that the state bu- reau of mines and geology artU conduct aa inquiry Into tbe existence or nonexistence of metals of tbe platinum roup la the Coeur dAlene mining section, starting with a field investigation there Friday end Saturday, This step was authorised St the Boise meeting of F. A. Thomson, secretary and director, with the United States geological survey and bureau of mines, each having representatives cooperating This sctioB Is being taken to ascertain the merit of claims being made that platinum and associated metals are to he found la commercial quantities la that section. Recently assay have been made showing large values In the metal, and the bureau feels that a Indorsement by a group of disinterested engineers, should It prove Worthy, would be a great boost for the calm prise, for it Is understood that several large companies are anxiously awaiting information aa to the au of the platinum reports " tbenticity The investigations win be st tended, Smoot Said also, by a committee representing the Senator Columbia section, American Institute of Mining and Metallurgical EngiHold Revision by Next neers, be Ravenel Macbeth, secretary ef the Idaho Mining association, by a commutes of Coeur d'Alene operators Congress Inexpedient. and by a group of disinterested from probably Obeur d'Alene and Hi allace. . Director Thomson said that the obWASHINGTON., April 11 Belief ject was to condurt an "unbianed in- that It would tie inexpedient for conquiry which would Involve careful selection and testing of samples. It gress at Its December session to la not likely that tbe results wiU be undertake revision of tbe federal tax known for soma time. laws was expreieed by Senator Smoot, Republican, uUh, whe Is In line for Minnie of Unwatering the chairmanship of tha senate finance Moore Mine to committee, after a discussion today of tax problem with Brest dent Harding. Tbe opinion, expressed by Senator Special to The Tribune. follows! closely upon a stateSmoot Im11. An MAUAD, Idaho, April Secretary Mellon foreportant transaction in tbe Wood River ment made by) mining region Is one taking over on casting that ti e treasury might renew an option tha Minnie Moore mine, Its endeavors to decrease the surtax located five miles south of this city rate from ttie present to per cent to and half a mile west of Bellevue, by If per oent, i and also tha statement tbe Federal Mining As RmelUng com- made at the) White House yesterday that President Harding, In event of a pany. The deal has been under way for revision of taxes, would prefer a reI. K. between Rockwell, duction all along the line. Seme time Senator Hrooot said he subscribed president and general manager of the of the Federal fully to the) president's view that if mine, and officials company, which w now operating the any reduction were made it should be North Star and Independence mines, applied to all federal taxes, hut added The that rerlsibn at the next session of twelve miles north of Halley. work of unwatering the property, congress must necessarily be based on which has lain Idle for the past fifteen guesswork., He pointed out that not years, will be commenced as soon as until after the payment of She June A large force of men will Instalment , of income and other fedpossible. not be employed for some time, as eral taxed would It be possible to esticould aot be profitably employed mate in they way tbe excess of govIn tha exploratory work that is to be ernment any over expenditures, done first The property comprises and aikfednecelpts eves then It would that about twenty claims, most of them be a mere estimate. being patented. Present tax laws. In the opinion of The Minnie Moore has produced beare working satisfactween $8,000,003 and 110,000.000 worth Senator Smoot, unless grievous faults are of galena ore, Sind Its record stands torily, and, auld would found, jheawait atha personally hardly second to anv similar producer prefer to least a year before la the world. The Wood River Bower revision. any company to to make sufficient addi- undertaking) Revision tot the federal tax system tions to the capacity of its power line buadoeag and lends un'between here and Hhoshnne to supply always iitffijct U the state of tbe business certainty demands that may all tbe Increased the! Utah senator said, adding be made by the openng up again ef world, that he thought American business the Minnie property. was entitled to proceed for a period at 'least without the disturbing , boston eoma cierc. which arise from tinkering with AS grparted hr I A Ragle ri 1 the- - tax law s. lTexcnting to the president a review of the appropriations voted by the last session of congress, Chairman Madden of ths house appropriations committee told the president today that, from figures he had worked out the fades! government was running at present about $90,000,000 behind re ceipts, but that there was rvyry Indication 'that when the books for the year were dosed on duly to receipts and disbursements would nearly b&l- - Patent oxford, plain toe too cap Brown calfskin 50. fi Bin UKAHA, OHARaT. ri April 11. fPalted tales salt Pete rtrn AgrieulUsno.) Urge Bar eelpte 17 000; sssetly 3 la 10 cants tower; balk hatcher huge 7 8007 83; top, 37 W; Roast Early Slump Followed by for Buying ' Rally Carries ing Equipment Smelter Is Announced. Prices to New 1923 High - Activity on Local Market Restricted to Less Than a Dozen Specialties. v Volume of trading on the Salt Lake Stock and Mining exchange yesterday dropped ett to Uvg than a dozen specialties on both sessions. Price trend showed m improvement Tintic Standard on turnover of 1SS0 sharea, dropped back to 2 924. Paly which has not been traded la for months on the local market was dealt in for 150 shares at 145 and Three hundred and sixty Silverfl.12. King Consolidated were sold at L Medium-price- d shares displayed little change. West Toledo advanced from an opening of 114 to a close of 52Hc on trading of 4200 shares. held firmly at 20c. Prince Consolidated, the most active of the issues, declined from 9c to a low of S4c and then closed at 9c. Quotations follow: ? Michi-gan-Ut- low-pric- ed L1STKD STOCKS. Bid. Asked. and pveHag gndea steady; hulk packing sows, 7 00; aUg. $0U. 7500; beef staare atosr; Oattl Racalpt asarily steady ; spots aa mod Ism grades sasisr; tap fad steers, $0210; bulk. 18.00 $uieiw gsmbaognd , balk 3 08, bar classes rows. 3 00d BO; stackers add fatesss. top toed lag rieeim 8210. UrShvaxe steady; Both binning and roasting capacity lamh 8 keep Receipts 14,000. aknr, of the American Smelting and Kefin tamha. 28.831AU; eteady; halt wools ing companys Murray plant is being By CHARLES D. MICHAELS. hedd ha Jed U at $10. 31423; clipped. increased, according to Manager K. I CHICAGO, Apr! 11. A big bull 11 03; aheap snd faadee strong ta 21 cents New house, Jr New bins capable of sales $0 ass top. 00, movement klgher; early la shearing all developed grain alter lambs. holding from 4000 to 6000 tons are beft 13.75011.83. ing built at the plant. These bins, a short period of weakness early, and steel and concrete throughout and of all deliveries of corn and July and SepPEKTZft. ' the most modern design, will be used tember wheat and oat advanced to a Special te The Trlhaaa, for storage of ore. 1KK VKR, Cate, April It Cattle At the same time, the capacity of new high for the season, with the close 7 00 400; market sternly Btaara, the roasting department of the mine wlthln a fraction of the top. Wheat 3 23. row sad 73; calve, $4,5087 heifer, Is being tlncreaaed. A A Xwight had a range of corn $450 12.00; tehaea aad feadatq and $6-3a new ZkZc for the May, with' the finish at Ikyd sintering machine and Wedge preroasting furnace will be in- net gains of on wheal. 107 ; market 16 fa II Hogs Receipt stalled. When this work is oompieted, on corn, tower. Tup. 4.00; balk, 7.707.3 he on oat and ceato which will take about sixty to ninety on rye. 00. ptge, da vs, the capacity of the Murray plant Houses with eastern connection sold Hiteap Reealpta 3980 maehet steadv 1 will be brought up to about 50,000 tons July wheat freely at the opening and strong. Lamb!. $12 75015; feeders, $12 7$ locals went short on a small decline, monthly. 43008.23. 13.30; awaa, Increased volume of Justness f but offerings were quickly absorbed Bvrtxm KAXKZT. prompting the smelting company to by other houses In small lota, which augment the capacity of its Murray took the surplus out of, the pit, and, CHICAGO, April 11- - Th market Plant, said Mr. Mewhouse yesterdayis after values started upwward. ths ad- hem today was very dnll and patter wask. Bayer Tbe high price Of lead and silver vance was not checked until the close apparently had mpptied their needs earlier an in unusual stimulating shipments with a bpsr stampede under way. In- la th week and wrra bold log atf la eatlel-patto- a manmr, especially output of sulphide dividual operations 'or news counted e$ fnrtbar drelisva. Ueatora wan We from Park tity and Bingham. them aat aawillthg 4a free sellers, most for little on theeway up. A bulletin in relation to terminating Street stoeke wes not Wheat market was a big, broad af- give concessions. silver purchases uuder the Pittman fair, and while many small longs sold large, bat there sms a enrplua that so act is being sent out by the American out, their places were quickly taken waS willing t carry. Th sag market was Smelling and Kefinmg company to its by others. Many of the sellers of the alee weak, with 30 seer freely offered at La 8B There was tome latere 47 cent. shippers. The text of the bulletin in-is previous day reinstated their lines and score ears at dS046c. identical to that sent out by the took on additional wheat. Liang Mav ternational smelting company and came out freely throughout tbs day, printed substantially In The Salt but It advanced to a new Tribune on Tuesday morning of this on the present upturn. Bad crophigh re week western and Ne Kansas from ports Evidently, according to the bullesero and with braska, temperatures tins, smelting companies will not allo- under in the Canadian northwest, and cate the amount of silver to be bought talk of a big export business were tbe As bullish Influences. 1 Beneficial tufa Ins. ...147.M under the remaining purchases 20,-0of March 30, there remain about was on In corn A bear 141. $0 Cement Securities 000 ounces of stl ern to be pur- with cash stampede of houses free May 19 Deseret Natl. Bank ... J6S39 chased under ths act. Since produc- and sellers of July, and buyers there was also 1 Utah State NaU. M tion approximates 0,500,800 good buying of May .credited to th u00 ounces of silver a month, termi10 Zion's Savings Rank . . 313 M which narrowed It discount nation of purchases undar ths Pitt- seaboard, 1c. A small under July to around Utah-Idah0 o I 1 Sugag com. man act should oofyr not long before break earlv was followed by on. of 109 Utah-Idah- o or after the first of July. 9.10 pfd advances In many the sharpest setThe date at width provisional orders uncov3 70 with stop-lo- ss 300 A malg. Sugar com. tlements will be begin will probably month!, ered on the up, and ther was less 13.00 $0 Aroalg. Sugar pfd fall about the first day of May. Pro- opposition doway the than bulge expected. visional settlements, however, will be Sellers of the previous day started 390 People Sugar pfd. ... 3 40 that reinstate their lines and found offer-ing-tos made with the understanding . . 100 SpringvlUe-Mapleto- a 6.90 when all the figures are in and the limited Cash corn showed more actual date of termination can be de- strength than futures and gained e for all termined, shipments qualified on the May There wrs some export the act will be (Iicud l2c 1., ....... in .... sale under reliquidated and the Pittman act price laid therefor The date of reliquidation of silver salable at the Pittman act price will be as soon as the exact date of the acts termination is known. business put through at the seaboard. Receipts 92 cars. Country offerings remain small. Trade In oats broadened, and, while the market was Inclined to drag as advanced compared with corn, values aifily There was some buying of HIW YORK CURB MARKET. demand of Cash and May. selltng July chares. Total sales ef stocks, !W was fair Seeding of oat Is making Total Hues ef bonds, 65tU,(XA. in Illinois. of parts rapid progress Following is the Receipts 61 cars. NEW YORK, Ap'd tl connections eastern with Houses official list of traftMetlor. on the New York Curb Exchange, giving all UMa sad hoods were good buyer of rye, and trade wee broader titan for some time past. trail-in Kariy the northwest bought May and sold July at lc difference, and later reversed their operations, widening tbe GerMay discount under July to many was a good buyer of rye at the seaboard. 1 BOSTOX f As Brywrtcd Ruriaa gly Butte A tendon CURB, f.) hit jRtajAiM Bngls A m Itaetoa 6 6 17 10 tisulden to 8 Montana rhltst Can f f on, Copper Mines .Iron 4 tap Pttn-k- Iron 17 in 90 as VeMa BlocMoin Cornelia Itwwlsi lerdn forts 20 N- -v a Nov DWe fifer lc. 8 614 Ntveda Copper J. route 19 aa . WILL SELL 13400 30 Utah IP, & U Pfd. 30 Armour & Co 9$ 00 10 Aroalg. Sugar pfd 9$ 00 3 00 100 Aanalg. ftugar com 2$ Walk Bros. Banker.. 333 EO 6 National Copper Bank.. $43 00 . 316 M 10 Zion's Savings Bank 10 Deseret Raving Bank,, 395 00 303 00 10 Home Fire Ins. 30 Columbia Trust , (Make Bid) 3090 Ind Coal (Make Bid) 114 00 29 Z C. M. 1 $5900 Utah-Idah- o Sugar 7s.. ..99 $8090 Anna. Sugar 7a Par $2004 Sumpter Val. R. R. 6a... 9$ 36900 Utah Con at ruction SAB KLVXE. Peer TOP. April It. Rwga bar Mexican dollars, 50 tic. 35c; M90. Bren, Market Prices. Local Securities Ogden 6k CO. Poceteila Everything in Hardware11 WHOLESALE EXCLUSIVELY Ante motive Equipment. Mining and Industrial Machinery alf Lake 4 (Mt jyirVAh SO IIS ft 00 ItT 117 M OH 304 450 110 AT. 8 4 mu 106 304 m . Simms. 1000 at Iron King MO 9tirbiffB-lJtsh- . 2e, st llie 1300 st do pr 9Qr. htw Quincy, 0000 st 44e Prince Con., 8u66 st 9c, 2300 st 8c; 3000 at 8He. Tmtie fiUaodard, 030 st 2W; 100 st $2 ft. seller tee days West Toledo, 2000 st StHe; 600 st 32c. CLOSING SALES. Alta T. A T . 2U00 st . MI . Federal ten rot k Oil Mexico Oil . Mtn Prod Mutual Oil effs Sob'.o OU Omar OU on , Ryan Sait Creek do Con (1 40D . 4 ;9 2M 92 I3MW 1H 8 9x) 314 4 6 VKIj 17 ,24 12V 22 j 1 4,700 300 z,zm 23 40m 1 M1MNO SALT I .A KB, April tl. to Mrwur-- r. NORTH Short Line Station. pats our door. iWOJS Downstairs Bld, Corner Main and Broadway. 6 A New Tire, an even Better Wue 71u SwOmlw Card Aik, th Berofc Wander Tmed wmb ' r x 4 V fire at no A more! eSdentyulonger-Iive- d extra price- - tbat is the whole story of the new'GoodyearCord with the beveled Tread. This new tread, for example is semi-flInstead of , rpundg which, with the more serviceable rabbercompound that goes In All-Weath- er A at it, insures farlongerwear. ' The Jeanutilocksof'this tread are-rat the base by heavy rubber ribs, making,thewholeitTeraddesign firmer and e tn-forc- ed stronger. The blocks which line4be tread on either side are beveledr the outer edge, relieving thesrcnsfromlthe strain of vibration as wear proceeds. If yoa seek a bettertire and a better value, with a service that assures you the full benefit of highest tire quality, make sure il yon get the newtGoodyear Cord, i t-- Aa Goodyear Service Station Dealers we Mil and recommend tbe new Goodyear Cords Tread and with tbe beveled back them up with standard Goodyear Service n Tire A Romney 41 Schramm Tire Rubber Company, Supply Co. 148 K. 2nd South. 60 Ho. Main 8t Social Hall Garage, F. H. Manning Company, 128 Social Hall Ave. Succeoeor to A. M. Daly Co. Wasatch Service Station, 360 Bouth State. 1767 South State Osborna Auto Tlr A Granite Lumbar dt Hdwa. Co. Supply Co., 1084 East 21st South St. 129 South Stata. fiubbor Prod u eta Company, Morgan Service Station, 318$ Highland Drite. 351 South State. nsu, 100 21 108 69 7 1 m 1 rw 90 Vi 14 164 1254 22 .22 1 1 2JN. 22 12 12 54 rd steer. Csltle-Jtecel- pU Prime 5 to 7: 50S 31.602.r, ebesr 6 24; feeder steers. 8.W9 St; fsir rows eml beery lie! fere. 34 rat-torBO; . 50 33 vJ4 to good rows sad heifers, esseer. 32 UOfeS OO, ball fet bulls, 32 5063.25; botagak 32 flbftS 00; light vest ealrre, 30 50CA to. to higher, Roger-Rece- ipt 550; steady etroog demand. Choice prime rap fat Hosa, hulk ef Seles, 175 to 225 pounds, gg 37 3063.00; feeder, 37.006 7 30; belt lee. Y !s 34 0oi 7.00 eoee; etrsdv, fair Receipts, Cho, fst lernbe 313 00612 50; S 50 M 9 50; fet wetuere, fbelee yrlinra,, 00. 15 36 3067 30, fat ewes, Sheep CUBA 006 CHICAGO. fUICACo', 'Apr 11 (Halted 1111 Department of Agriculture.! ATettto Receipts tonoo, killing classes uneven, slow; gee-er- a ily steady: hllliag quaUty fairly good; beef Steer run iaeladlag mod orate supply steer sad fed Nebrsekot; top matured yearlings. Totd tot. 310 00; part lead, 1J23 pound average, 310 55. bulk beef steer, beef cow easy; 3d Town SO; better grade best light heifer eteedy to strong, veal reive steady to 23 rent lower: spots off mote os medium light hied; other elaaere to packer geturaiiv steady; bulk sealer 50 and around 38 00; medium light. 37 bulk holes n bull. $4 756 4 83; bulk and OOtuS.OO; $7 feeder. aiorkers meaty klad $8 25i External Loan Sinking Fund Gold Bonds 5yg More Than a Mortgage 30-Ye- ar Direct obligation of th Republic of Cuba.arqutes-aenc- e Issued with the of the United States Government and the provisions of the Treaty dated May if, bonds are Salt Lake Terminal Company 8 not only secured by a first mortgage on the company property They are, in addition, unconditionally guaranteed by the Bamberger Electric and Salt Lake & Utah Railroads, and constitute a lien upon the gross revenues of those roads. 1963. Price te yield abeut 5.58 40. lts alow tmevi 26.000; loss Here to llshts and medium weight butcher. 10 cent lower; hears weight mostlyaver-se-10 to 15 rent off. hulk Ido to 23h pound $8 3068 40; 225 to 260 pound bntrhera, $8 30418 30; butchers, 275 poond ' and tip. sow $7 60 8 15;. pncklng meetly 37 OO 7.00 7 25, bulk lno Jo 130 pound pigs, 1 1 doth 7 50; estimated holdover, 13,000; lsrnb largely 70 peep Receipt to 23 real higher; .rilpprj! kind showing most adt sure . top wonted lambs, $14 50; seiaral krnda to rity bntrhera sod parknra, hulk whirled i lambs. 114 25 14 60; clipped lambs mostly $10 75411150: one loed rhoti-avers re ap to $12.00; heavy rlip-pe- d lambs monllr 110 00; some -- ere re, $10 $7016 30; one Held 78 pound feeding and shearing lambs, $13 86 on eons try account : - sheep ecvrre, s round etssdy; dipped ewse 7. 73; esc toad clipped wethers, 8 9ft. 1 KANSAS Hardware (Bo. nertn ef ne block Remember ettc locatlorv Strut Cara Now 18, 19 end ou 4 steady 4m 414 steers, 3011. SOT 00, 112 ill .... 9. INVESTMENT SECURITIES fclrect Private Wire. Sett Lake City 1123 10iIT 1G4 ism nn -- J. A. IIOGLE DV 16 4T 20,108 6H0 TM it 218 100 do P L . . J75, 104 H 111 Southern P f. 410 Id! ISO Sooth Pena Oil (I0t 1 61 n o Ind 50 2Vg G2 49 H 454 47 do ban . , . 2 lOOi 814I Mfe 964 , do Ken 800 230 1221 221 do Neb 43 4 2,&OOl do N Y 4141 43 ton 3(hh amy 4o Ohio Toni 61X1401494 Yacwpro 01 OHdb INDEPENDENT 7 2001 74; 6 Carlb Sxn 168 !S9 650172 Cities Service 17 IT do B etfa . 700j 17 Utah-Idah- high-grad- ion PL.. Illinois Inter 4Hr Northern P 1 Prairie O & tl W offer and recommend the following local bond And preferred stocks! o Sugar 7a 1929 at S9i to yield 7 03. Utah Idaho Sugar 7s 1939 at 99 to yield 7.03. Morgan Canning Oo. 1st 7s 1943 at 101 to yield f Schramm Johnson, Drugs, i 1st pfd. at 104 t yield 7.95. Mutual Creamery Oo. lst'mtg 7s 1930 at 100 to yteld 1.(3. Utah Power & LAsrht 7 pfd. at 91 to yield 7 15. Tha above list contains only those securities that we e consider strictly and among the best bargain In the market at thi time. Information on inquiry. Oompist lSi li 4m Ibos V keve Cont Oil Cumberland Y Eureka P L- - . Galena Hlraal Rumble Oil Imp Oil tan . Bu -- b AN DAKl) OII.H Ori 4O0j 4 L in 91 V, Ahjflo-Anne-r Atlantic , ftM and Sold at Current f. 2 5002? Phene Wet. So. Mala 4 U. S. Liberty Bondi Bought floo., April tl lower; family patent. WTfNBAPOLlft. to 10e unchanged 7. ?3 Edward L Boton to qet full 160 ixoro. . Judge Goodwin-Dlckao- 4S MS m , v3 Zft WILL BUY its v. $aiJgr 3$3c, 3fe3t 2c s NEW this mornings newspaper! our downstairs . location and immense buying power save You $2 to $3 on Every Pair bells gvsasrally 34 00; 4.50; hoi-wPlata grad stork steam. $6 B07 00. artlva; Urge Reealpto, 38.000; fairly ; steady te 10 stela higher; psehetrlop, 30 shipper tap, 18.10; balk af sales, III. balk drairvbla 183 te - KPgoasd Wrights. 18 860810; parking sows atraag; balk, 7.13; atock pigs weak ta 23 cent lamer; moatly 3648167 10; fate at 37 33. Sheep Receipts 3000; toaaha gaaemlty atraag te 0 mats highs; tap. $14 33; etbag 14 0OM14 3$; desirable weight tots, 11 50; pound kind. $13.75; clipped $3 13. ahasa wstAsra, steady; liOpouud citi-Se- Start Patent oxford, perforated, with 01TT, Circular upon request. Tbs RatUmal New Deseret Bank Bldg. Salt Laka City Telephone Wasatch (190 002 ; 799 Any one of these points of security is snffi. cient to safeguard these bonds, and all three in combination render them exceptionally secure. At 66 and interest they are a splendid investment, returning approximately for twelve years. WE WILL SELL ' 1000 Shares Saturn this advertisement with your sums mod sddreas and we will and you dotgiilsd information Famham Dome Oil PALMER Bond Ca 13 Cents Vef- - XN6AR CITY, M,. April Jl.fFalted Stair.,- - JMpartmeat of Agriculture J --tattle llerelpts 6000; beef steers steady te 10 rents higher; hip, $9 23, fund hinds moat 33 2560 00; !y fat steady to ntrotg- - bulk sow. $5306650; few head 60 rests tower; belli$7 tX. 1)7 25; Vrai entrr -r erade $8 tsiCrU tv) , heavy sad medium weight reives steady; largely e064A7 50. ritairs kinds above $6 00; all ether classes steady; caasetw sad, witter chiefly $2.75 Ccspj Verb Qtj Ralph A. Badger & Company 16 West Second Sontb St. Waaatch S330, . -- Vtihlt Mortgage Wilker Bank BuUding Telephons Wasatch 0883 ONLY SOUND INVESTMENTS. 7 |
