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Show y r iimi MUTT AND on TEE SALT LAKE TRIBUNE, TIETRSDAT MORNING, MAY , ( Words, No More, No Less JEFFr-T- en 17; 1923. (Copyright, 1923, by H. 0. Mark U. 8. Pat. Off ) Irdo By BUD FISHER Ef. mcc; -- me . SHeRiFF THRcw mc im jar. Bee Ause-- t HAWMT PAlb MV vuife NoC FoKW DOLLARS ; BACK. AUMOlWl X uaBtDl Operator Perplexed A to What Recent .Price S; . n Detimes Foreshadow. t Stmt. Sty Jfcto JJork NEW TORK, Mar 1. In nearly an werketa today movement era one of uncertainty, a not. unnatural r- -t of a curioualy perplexing eitua-tloThe. evident cause of perplex lty it the existing doubt as to whether the recent considerable decline In Prices, both financial and eogunercial, foreshadow reaction in the volume of trade itself or only readjustment of themarket to basis, on which renewal of the recent business activity will occur. On the one hand stress is laid upon the uhpreeedeoled scope of production as a sign shat supply in the basic Industries will presently exceed demand, an idea somewhat emphasised by the extraordinary Im. port trade returns for March. But, on the other side, the volume of actual present or prospective consumption U pointed out as evidence that ail of toe new supplies will be absorbed, , The midweek steel trade reviews reflect this uncertainty. They agree that new buying Is still on s restricted scale", that buyers are following cautious policies and not a few show apprehension, yet they also agree that consumers are taking material as fast as the mills can ship,' and that there are various Indies tions that thd present wav of is being sharply overdone the cotton trade sentiment alternates between belief that an actuat end of season shortage of supplies will force on (rices up, and misgivings baaedhome the possibility thgJU purchases by mills may be .curtailed as severely as purrhaseajor Europe already have Tbdstock exchange reflected this sense of uncertainty by another day to 'of transactions lees bV than the business of a week or two weeks ago. - Prices declined, but in most cases- the decline was small and was partly recovered before the close There was no buying of an aggressive character, such as Monday s, (Hit the professional selling was also cautious In many rejects it appeared to be a market which was removing under the momentum of decent pressure, but awaiting some defishould s which give velopment nite turn to financial sentiment one S Way or the other The day s alight reaction to! forwas rates hardly more eign exchange than the shifting of surface speculamark the tion. nearly it brought flown again to Monday s low level. Elsewhere the recent distinct weak; ness cams up for pusxled discussion. In the light pf Tuesday's remarkable statement of our foreign trade . in March. n. BEARSTPIlflEAD SHARP Attack on steel shares whui most of the ground lost during was recovered. the morning Scattered selling JLook place throughout the session in individual stocks subject to special influences, new low prices for the year being recorded by Postum Cereal oit 6 points; Famous off 3 points, and Standard Plaers, Oil of New Jersey, International Harvester, Worthington Pump. American Agricultural Chemical common and preferred. Lorlllard Tobacco, Dome Mines and the net loeses in these issues ranging from smai! fractions to 3 points. Just before the close short interests started a drive against the copper stocks, which were particularly susceptible to pressure because of the relaxing prir;e tendency of the red m n I i, Jl 92 64 135 63 73 24 U 73 34 121 one-ha- lf High 1623. 105 38. low. High 121 143 90 143 90 14 14 44 99 44 99 126 47 yp 31 34 0 76 38 2S 78 23 I ui 23 37 16 14 JS 16 10 im 18 70 29 119 70 29 1)0 V..i Midvftl BUpT Me Paelfte v Uoitiu Peafree CHICAGO, May IS Complaints that corn is rotting in the ground planted hecause-o- f continuous cold -- weather had much to do today with a general advance In grain values. Wheat closed to. 2Sc net higher July firm, It 171401. 17S and September II 15 Jo 11 15. Com finished strong, to 2Sc up, oats c to lc up and provisions at a rise varying from 10c Ao 25c. At first the wheat market had a moderate downward tendency pd account of prevalent opinion- that rains in the winter crop territory, had furnished ample moisture for some time to come. Word that spring wheat ceding had about all been done was accepted as bearish in effect. However. numerous unfavorable crop reports were received from the winter wheat belt, Kansas points In particular telling of damage from recent freexes, and there w ere forecasts of a cold wave east of the Mississippi. Assertion that spring wheat acreage had been sharply reduced as compared with last year, counted further toward bringing about a decided change of sentiment. With nothble strength In the com , market, wheat buying took on liberal proportions and brought about of prices during the last half the day, especially as high premiums were said to have been bid for gulf wheat first half of June shipment home notice was taken, too. of 17 bushels decrease for the week in the world's available supply of wheat. The corn market throughout the day was Influenced by reports of seed In the ground, were empha-ljse- d by the mease mess of receipts lesidest North American stocks of om were figured as l,SuOOOO bushels , 9s than last year, and Argentina rop estimates were for a yield of 27.- -, 00 000 bushels less than m 1222. Oats enacted the corn advance. Provisions were higher with hogs and on account of bullish showing of ,om. rCTTCKM. lc lc - nl gan-er- ' KT, oik A 1 9j 41 ...... H N f e.j.. ..A.. Ktfada Copper VT Central , .... Aria Sinclair OU A NY,. Op .. Bfg... Texan Talon racifie IT V rrU ft ft ft ft .. Food Product lad Ateobot Retail Stoioe Roblver .. (Heel .... do pfd Ttah Copper Weotlagtue Rice Cnodm 44 44 47 18 43 73 74 43 13 ; 47 7 7 0 32 32 m)118 119 114 45 64 8 68 ft 184 . 3 136 3 63 65 90 51 51 93 97 m 31 118 34 54 54 7( 45 ,, . 7 43 W, 7 yarrow votnm As Imported by t , E, Av "owar dVe ! Balmy, rainless davs are ideal fpr your sports. Cool nights nine out of the ten., will .call for blankets-rbri- ng , -most refreshing-sleep. And each day offers you your choice of a hundred things to do and see the things that draw millions to this para-,dis- e of interest and fun. Why not you this summer? Why ' not give the family this summer the finest summer they have ever had? Here 'you will relax completely, forget every trouble that you know. Theres an atmosphere of playtime about thi -- TBB LEADING -- All-Ye- ar Mountains, ocean, desert, orange golf courses and grounds, ideal camping places, finest, modem hotels, great National Parks nearby with giant redwood forests and stupendous views, palm trees and old Missions, enormous movihg picture studios an unending variety, and all within easy reach. If you have never made the trip by train across the great West Country of the United States, the country of the Indians and Cowboys, ywi have a treat ir1fl'i UUJ. - -- - more 2id New Things To Do As A. Hogl rot-sti- or .entire section of our country that sim ply blots put care. Four thousand pules of perfect motor roads hare beauty, interest and fun on every side of their whole length. Amp Awrafti Sales Is hundred. 1tst tales for the key, 723,903 share. O RANGE total difference from your former daily routine. ' Southern California offers it as you find it nowhere else and the U. S. iWeather Bureau proves that this enchanting land, which you have always wanted to explore, has one of the finest summer climates in the world. Note these figures a forty-fou- r year record, taken in a central city in this section, an inland city: ' 110 45 41ift in vaca- PHYSICIANS say the value r new environ- ment, new scenes, new occupations, 74 7 30 ' Iftft! 31 14! 34 111 15 43 cost 1 74 62l 47 37 43 89j 86 17 3 12)135 3 8 7 33 ft 0 3 62 S33 99 Prodncta Tranaeeotl Oil ... 94 5 90 493-12- ....... fob 18 93 2 70 2Sj 48 7 3 34f 31 131 80 231 32 3 So Pacific' So Btilvir v . , , fttd Oil of N J, p(d ji Btvdebakee Corps 14 5f 3 II, . 34 13 10T 71 H 60: 5 fcteel 91 23 10 33 71 ml ' 42 49 63 107 71 44 the most things to do the finest weather come this summer (decide now ft M- - 14 14 r ti . W Ta,.. PlUatHirf Bay Goa Copper Royal Rha.ttnck 04 13 W 17 11107 kia IF red HfgLT" Pan Am Pet .... !Petaaylvaaa Reading Rep iron 14 29 Waalers.,. Baeilv 91' 3T. The Straneest-Sight- s 82 83 99 23 19 93 14 34 27 0i 10 TSl 71 41 Sears-Roebuc- TORK. May 16 (By the Associated Press ) Professional bear traders launched another sharp drive against the steel shares in todays 131 82 18 41 19 ewv SO net 34 29 2 129 33 MuMWBtatea Oil low, 70; 80 32 30 4 37 963; 81 96 162 161 CveuM, 40 whlcb declined with the rest of the ter cent to 84 62 a pound, snd French within 1 53 of the dstreme low for alf list. The lises as a rule, were small, francs slipped 3 points to 3 64r Ger- time. Norwegian exchange established although Canadian Pacific. Lacka- man marks sold at 21 50 a miUlrfh, or another new low at wanna 4k Western Maryland preferred each dosed a point or more below yesterday's final price. Foreign exchange rates were slightly easier, despite the department of commerce announcement that imports exceeded exports by more than In March, the greatest mo nib excess of Imports over exports on record While such an Excess would bjfre resulted In hesvy gold shipments f7m this renter sod possibly a marked Improvement In exchange rates before the war, it has been counteracted by the vast sums payable here by 'Great Britain on her war debt, by the enormous decrease in interest payments on American seeuHtiee owned abroad, snd by the siseable reduction in ocean freight indebtedness due to a slump in foreign trade, and the greater activity of the American merchant marine. Demand sterling dropped a quar & 23 96 SHARPLY 1973. 53, NEWT 19 127 77 65 Twenty railroads averaged lose, .17. 88 Oil BUmSHREPOR (K 37 37 92 61 134 one-four- th if 6I SALES. Fteya total sales. 726,200 ah a res. Twenty industrials averaged 95 net loss, .42. STOCK LIST. i8ls iHigh.jlQw KTW TO -- -- metal, now quoted at 15c a pound, 6r 3 points below the ears high Utah broke 2 points, Kennecott 1 and the others fractionally Heaviness of these issues brought about some selling in other quarters, net losses largely exceeding net gains at v the close. Weekly iron and steel trade reviews again emphasised the restricted nature of new buying and the 'resultant falling off in forward business. No significant changes are reported, however, in the prices of standard products. United States Steel common dropped to 96, the lowest price this off year, and then rallied to 67 on the day. Bethlehem and Crucible Steels also established new lows, but the net losses were limited to fractions. Publication of statistics showing that railway freight traffic in the first quarter of this year was the greatest in the history of the period, failed to arouse any interest in the rail shares, stock market.' forcing most of the leaders to new !$w .records Tor the year. Their failure to bring out any extensive forced liquidation irt other quarters, however, led to a covering movement In the early afternoon, in world-famo-us - 1 XV' - in store. So, from the start, the interest i keen and then theres all the fun when ' you arrive. Do It this rammer. Don't pat It off. Special low rate roand trip railroad rates, in effect from May 15 th through October 31st, make it the ideal time. Let your nearest railroad ticket agent make reservations for you and supply further information. ' Or mail coupon. Club of. Southern California TELLY' Cords not only are surefooted on practically all kinds of roads and in all kinds of weather but they have the characteristic Kelly sturdiness that insures long mileage in spite of severe punishment IX Truly, a rare combination of safety and service, yet it costs no more to buy a Kelly. - B03T0 CPU CLOSE. fAs Reported by 3. A. Regie WVet He wile N. 3 wiled, Com 64 Oete-- N'o white, 44Q48c. j 33e; K. 3 yellew, 46646c; No. White, Rve Same Barley. 41 Tie. Timothy seed, $8 0N?3 2ft. Hover seed, $12.0017 00. . Iron jAwkad For sale wherever you see this sign .... .... Cap fsnsda Capper Romka .. Brvpckm pork, nomiasl. 111 ea ' Urd, Ribs. 6&KN39 2&, UTDP3TRIAX B0XD& Reported by 3. A Hogl Ce Baotoa Bwtte 'A Losdea Root a ftfoatsss . Chief Con Con Copper Iliac Aedsdes Jemete Twda , . Iren Bkmaooi .... , A t 0 Bid 6 (V) Kew Lofnelfa , Nevada Penflas erdo Rate Ohio Copper NEW ..... .... noirrr jjto exckaroe. YORK. May 13. roreifm easier. Quotations In rents: Greet Britain, demand, Wlla sixty-da- j on 4g?; banks, 4t0. 433; France, demand, 3 34; eabtea, 334. Italy, demand. 4 36 eabtee, 434. MBun, dm wand. 6 71; eablee, 6 72. Germany, dewand, .3021; cable, ,00.21. HWIaed, dewand, 39 It; eablea, 39.14. Norway, demand, 1332, gw eden, demand, 23.66, Denmark. demand, 13 70; Bwltserland, demand. 18 68; ftp la. demand, 18 22; Greece, demand, 1.00; Fvlaad, demand. .3021; Caecho-atorakidemand, 697; Argentina, deawnd, M 13. BrnaU, demand. 10.36; Montreal, 93 11R Call Money, easier; high. low. 4 raltn rate. eteaiag bid, 4, nffesed at last Iota. 4 Call leans agatast accepts ere 4. Time knna, easier; wised eeHaieraC 33-9-3 daye, 665; 4 3 woatim, mmwyciil paper, 6. Changes, 4; mat 4; 4: 166. SPRINGFIELD p y z3.ry |