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Show .THE BALT LAKE TRIBUNE, FRIDAY MORNING, OCTOBER 19, 1923. IF GASOLINE ALLEY N YOU UKE HER, GO AFTER, HER, WALT Refusal of Silver Brokers Alta Stocks. Have Day of - ta. Allow American o Encouraging Advances; Attend Meeting Told. Toledo Closes at 42c. London Men Deny Any Manipulation of Quotations by the Big Four of 1t'TJtaJon 'ftefiawl hpter. day fix h prloa of sit nr, to Paul Wooton, Wsushlmcton, L. C., of th Engineering and oorreapoodent to attend orre Mining Jourml-'PrMf thalr meeUnga ha arouaed dlacoaalon among mining men. In vtaw of the plan of American produces to form a marketing aneoda-tk- u and the acttva part taken In the movement by Utah men, (Mr. Wooten1 his mooovpatL of ths response foikywln rsqust tor permission to' tftttitfi "vn of Hi masting 1 of unusual Inter a cat. Mr. WoOton'a prtnted by tbo eaMem toehnkati journal. to as follow: "TThe four man who mft In London ach daj to fix ths juice of Oliver rs entirely wilLing, I am assured, to have a representative of the producers meet with thorn. At present they ai There pcmfrilo behind cloned doors. have bfn time when persons have la not the pracbeen admitted, but tt tice. For ft time ft London reptseen-tativ- e of the American 6 melting A with the StefintnA company eat aioh brokers. In ofivermtJoc with H. L. ll d- 8ucl a, oonsld-Marb- e k on the Advances which lids Salt Lake Ktork and Mining Kxchange have come to several classes of stfck beginning with the expensive Issues and on the day pre ding to Keystone, yesterday were scored In the two Alt. favorites, Columbus-Itexaand West Toledo. Jn bvmpathv, Cardiff and Knnebo, a1. 1, although,. .hot .&j4nsl irionsUaf cd Improvement 'ardffr was bid at and Kennebec at 22c it 26 a Host Toledo's four point rise to a close of 42o on limit! trading amounting to IfioO shares was the rnot noteworthy feature of tha daye sessions. The undertone of this etook was even than the price indicates. stronger Columbus-ItexAlon trading-o- f hut mo shares, closed at 37c two above the cloee of the rKUng.points day Alta Tunnel held t So and Kiuma at 2c North Htandard. with J2.Q00 ahars doalt In, advanced from 3 to 4a Lehl Tlntic was active at 3 I 2c. Keystone suffered a slight recension and closed at .Ca Tintic Standard also suffered a setback and tmdtd at 3 4u. Quotations follow le l, LIBTHD STOCK Alts Mich Am Metal Alts Bnlfton ..... Big inn B'g Oot Coal r TAT Bog-gafla- y . ... ..... ....... Blick Mats! and Benjamin White, two of Bing Mine the men who alt cm the committee, 1 Oentral Rureka elced why the daily meeting te a 04 ar Tails proceeding. In view of Oolumbas, Itcxiil On their protestation that any manipu- Colorado Crown Point lation la Impossible. Osrdiff no 'Mr. White oould eee advantage Groff In fitting the room with a gallery an addition which he thought would Paly be necessary, u the admlerfoa of Dragon Rmma Bllver one outsider would mean that the Crown Point oouM be denied to no den.. R Tin Elvllege on the other hand, B Tin Ona Dnrek eee no reason why anyone concerned Bullion Oaten tibould not be present. VC!. EXPLAINED. Q at great length to reason advanced, to ehow that the as dose an interprefixing of price is tation as can be made of the' balance supply and demand, existing between attend one of t Inquired If X oould their meetings, o as to be aWe to Mr. White' visuafise the process. Immediate resort km was Chat It should hot be dona When asked for a reason why the representative of the leading in the world, a paper much concerned with the silver situation, and bearing a 1 did credentials from the American departments ef state and commerce and from the senate oommlttee of gold and silver Inquiry, could not be admitted, he weakened to the extent of suggesting that I might make formal application to be allowed to attend. "This I did through Mr. BaggaBay because I had sensed that he sympathised with my request. At the meeting on the following day Mr. laid my request before his Beggalta-colleague They not only declined to admit me, but, I have reason to think, regarded my request as rather presumptuous. I feel very sure that this was In spite of a very earnest plea on my behalf by M. BsutgollAy. "I wan much impressed with Mr. Boggallay's grasp of the sliver situation and by his genuine desire to retransacmove from the tion any suspicion arising from what he evidently regard as unnecessary resort to secrecy. SKEPTICISM MET. "Mr. Whits Is Inclined to be cynical and to have little patience with what he terms efforts on the part f producers to Interfere with economic law. He knows silver, however, and tacks nothing In Intellectual keenness. Incidentally, he has a sense of humor. "The action of the fbur brokers dn denying ms access to their meeting was taken after I had explained that most of the producers of silver In America are suspicious of secret g under any oondltkms, but when (hat operation Is conducted In a country whose interests are best served by cheap silver the suspicion U all the stronger, "I also set forth the prevalent feeling among miners of the white metal that they should take mere Interest In their own product after it has left their hands, and that they are now taking very definite action to that end. I wont so far as to explain that, accustomed as we are in the Vnited State to the conduct of business transactions In the open, to refuse me admission to one of the pricefixing conferences might carry with It unwarranted deductions. PUBLICITY WIDESPREAD. "Realizing that this account of my reception would be read by practically every silver producer In the western hemisphere, I called attention to .that fact- - I believe that point was weighed by the brokers before deoiling to decline my requesL It is my opinion that the brokers, other than Mr. Baggallay, are quite indifferent as to 'what opinions the American producers may hold as to their cong duct of the operation. I was unable to secure any evidence of 'manipulation In their pricefixing procedure. It is the flrm'y held tho opinion of Walter S. Tower, American commercial attache, who Investigated the matter recently at the special request of Secretary Hoover,, that the proct-drrpermits pf no control or manipulation. "That ojxinlon is shared by such an outstanding mining man as R Oilman Brown, the American who has been honored so signally by being chosen JiisUtute jdL ''prartdPTrt of kinli and Metallurgy "It my opinion, however, that the efforts of the rilver producers to better thoir position are regarded with ft cec'tAln amount of contempt the imby the brokers who exerci g portant and, Judging from the Information that I was able to gather, H would seem that the Troducers should insist at the earliest moment in twdng repreg consented at the dally ference. The good faith of the brokers can be Judged by the roc option they give to the ooncrote proposal from the producers to send a representative to sit with them at the daily conference." X price-fixin- g . . ,iQl . Mines Hamburff Howell Iron Blneaom . Iron Kinff Keystons Kennebee , , Little May Ijetil Tlntic Ivsonora Biff Six . !arynn Mammoth Miller IliU May Day Mason, Valley . .. Michigan ttah Montana Illnffham New Qulnry ... Holland-Am- M ... Park Ctah Pluto iTInos Ploobe Con .... i .... 1 .04 ....... Tlntle Rtanlard Tnrls Ram Ctah Con niQ .on1. a ... s 40 i .... .... i.4 .04. . ' . . 3 42V ftO IM MQ 10 Tlntic Poo at 8c. y. 2on at 1c Nurth Rtamlsri, 10 000 at Park Rlnxhnrn, at IS'c. Price, 1WX t 2 4,c. Tlntic Standard. 3u0 nt Went Toledo, 300 at 40c, ,'iXj at I $1,000 Invested in High-Grad- e Bonds Will Yield an Annual Income of $45.00 to $70.00 42c 42MiC. Zuma, POO DhmiNia-IUiall- . at 3 4.1. at 4r. CLOSING PALBS. 100 a S7c. 1.100 Little May. 20ti0 at 24 New Quincy. 8000 nt North Btandard, 2(a0 at 4c. 4c Flutiif, 4a at 25 Price, loo at 2v4c West Toledo. 100 at 4l,c; at BAR SILVER, N RW TORK. Oct 18. Bar silver, Mexican dollar, 4fkc. - i J.l.l.l Li.i.L.1.1,1.1 l l i. i .1 ,i . l i j . i semi-annu- Ask for Details ulyiliSltlll;' Central Trust Ca JnvvtmntBonds JU06C SUILDiNO Main at Bret Sotb Safe Salable. Bonds Prom our list of Friable First Mortgaao Bonds, wrai frim err Oc to eb WHOLESALE EXCLUSIVELY Automotive , 'VlTHrir COMPANY H1f ft t tXTOMf a Main at Broadway Wasatch ri'.iTi'i 96 100 00 ft5 100 96 85 88 88 87 80 87 81 . 68 44 55 50 72 44 65 724 106 77 77 74 77 70 96 70 66 74 86 96 101 102 74 81 87 86 86 93 107 R3 69 93 107 83 69 74 81 2! 93 101107 5 R4 69 ft! 633 rrn iTriTTrrr our locstiore Street Cars No. Remember rrr INVESTORS, NOTICE 88 .Trit on,';':, Lt 0 If 80 If 61 51100 1SI 96 2! 59 62 40 76 . . ... 81 101 73 81 U 93 21106 4j 89 8s Lack ftteet 5s 1930 .. L 8 A M 8 deb 4s 1931 Lehigh Val 6a Liggett A Myers 5a Lnrtilcrd 5a r, , , Louis A Nash ref do unif 4s Manat! Sugar .. Mkt 9t Ky cm Oi ..I Mex Pet 8a Midvale 8teel cv 6a MM F4 Ry A Lt 5s 5s 7a 111 .106 6 87 85 6aKan Mo A Tex' pr . lien 6a C do new pr Hen 6s AJ. do new adj 5s A.. 101 -- 101 nvH 0.1 l( 4l 77 flO. A N 4 Otll ftteel 8a fter A. . Paciftc G A K 5s .. Pac T A T 6a 1962 . Pet A Tr 7s . Pens R R do fen 5s do gen Pern Marq ref 6t Phils Co col tr 9a Prod A Ref 8a without war Public Berries 5a . Punts Atagro Bug 7s Rapid Transit Sec a t 6a A Reading gen 4 Rem Arms m t 6 . Rep Iron A St R I Ark A fit L Iren Mt A Bo ref 4s it L A Ban Frau pr lien 4a A do adj 6a do Inc 6a St I. B W eon 4s ... Sesbtoard A L con 6s do adj 6s 4n ref 4s Stncislr Coo O col 7i Sinclair (Tude 0 Sinclair Pipe Line fts So Pac ct 4s do ref 4ft la 5a 4. 104 85 77M, !M)h It J 19 101 4 9.1 H 77 M, BOH 94 80 80 il08 1 4 61104 2ftt 94 13 .... 91 102 96 96 HI . 4s 81 Rlr MHl 14 19 1941. 6a.... 98 ,93 6 4a K 71 6 75 104 64 109 80 109 54 104 6s .... Pitts Oo 4s ... Westchester A h 103 97 er .... 78 68 H 67 75 104 64 2.04 .. do gea Y Boo w 75 . No Am Bill a f 6a Nor Ohio T A L ref 6 Nor Pae ref 6a B . do new 6a D etfa . do pr lien 4 N W Bell Tel 7 ... 0 8 X ref 4a 50 106 80 97 0 101 v. 211 N 66 61 80 79 84 96 96 ll 104 II 80 H 97 28! 93 S 48 96 9t 9d 1 1961 Mina A St L ref 4s . Minn fit P IM 91 100 86 91 102 2102 113 106 1106 01 100 98 106 89 22 91 U5 93 100 89 6 N N 101 96 100 89 61 8 77 88 78 81 Y Skll ref T N U A 1048 N Y Tel ref 66 01 67 67 5 T A Inc 6s. Coat deb 6s . do rfff A Imp 6s . do con 4s 106 66 69 80 67 67 86 69 N O N Y 57 49 65' do col tr 4ft .. . So Ry gen lecqwftn. do gen B O Cal deb 7s ... Bteel Tuba ? Third Are adj 6a . Tobacco Prod 7a . Toledo Edison 7s , Tnlon Pac 1st 4s ... 4Jn Ry lor 1st 5ft 101 1 104I104 94 87 97 92 37 97l 92 42jiim 92 92 ft1 i 82 t 94 87 97 92 103 92 02 82 14 107 107 107 21 61 11 92 92 79 97 79 5) 12 90 90 lliins 97 80 90 92 79 97 90 90 4U06 106 107 91100 99 90 94 21 4 90 21 94 6 100 (100 I 81O2tl02 106 107 100 90 94 t0 103 77 1(107 77 107 77 107 891 66 131 86 61 93 21 86 66 86 93 86 66 5 M 73 93 86 78 83 83 81 19 83j 76 66 86 66 09 5s tT iftfft 8 Rubber do 6s 7ft ... rI'tahS f 5 . Steel Pf A Lt 6 ... Vertientes Bug 7s . Ya Caro Chem T with war do ?a Virginian Ry 5s Warner Bug ref 7s .. Wesfn Md lot 4s .... Weatn Pac 5s Westing Elec 7s .... Wlf Steel 7s, Wilfton A Cb ft f do CT 6ft Blnclslr Con Oil 6 Bteel Yotingstown T 7a 84 3j 93 1(103 66 80 71107 20! 91 8! 96 54 131 67 41 A i 61 f 3 98 93 Total sales of bonds today were $7,113.-OOcompared fr Itto $8,168,000 prrrious day and 616,707,000 a year ago. 6 196! LONDON M0NXT. IyONDON, Oct. 18. Bar silver per ounce. Discount Money. 2 per cent. rates: Short bills. Sfo3 per cent, months bills. per cent. 8id 863 thrt Prevents Infection. The fireeiet discovery jn flnah healing is the marveloua Borogone, a preparation that comes In liquid and It is a combination powder form. treatment that not only purifies the wound of germs that cause Infection but it heals the flesh with extraordinary speed. Bad wounds or cuts which take weeks to heal with the ordinary liniments mend quickly under the powerful Influence of this wonderful remedp. Price (liquid) 30c, 60c and $1.20. Powder 30o and 60c. Sold by Schramm-JohnsoDrugs, Five (6) Good City Stores. (Adv ) POT? GELER' INVESTMENT Lamborn Company SVCAR investment bankers Phone Wasatch 11m. tm m4 iK (nftini . San Francisco Ncw Orlcam Mo. Kansas Cleveland City, -Detroit Indianapolis Sari Juan, Porto Rico Buenos Aires FOREIGN AGENTS Lambom 8r Cie., S. A. The Lambom Company Lambom & Co., Ltd. -Paris Havana 8s Ciehfuegot London Runge, Bacmeister, Lamborn 8s Co., Hamburg Ob J ne block north of Short Line Station 19 and 20 pass our door. F you are commercially interested in sugar, write for this booklet, sent free of charge and free of obligation LAMBORN Ax COMPANY Inc. omen Sign. " Dnm 18, OKFICK FrrRNTrmtR EQTTTTMTOT PRINTIXa - BIXDIXG - EXGRAVIXQ WEST SECOND SOUTH STREET , 6 ALT LAK, UTAH. f7'nk 727 Illinois Merchants Bank Building. Chicago, III. Dinct priv.tc win connection -- ONT STSCifT. Leg ml INC. --OFF1CES- FORECASTS m M 4 2718. &. STATISTICAL REPORTS LAkSOLN A OOVIPAN CO s cated Forecasts. a consolidated state-tion- s ment of sugar conditions of the world, with supporting statistics as of August 3fst, 1923, and December 23rd, 1923. This booklet has been prepared by the Lambom Statistical Department and is typical of Lambom policy. In so far as possible the purchase and sale of sugar should not be a matter of guesswofk but of knowledge, not of theory or rumor, but of carefully established fact. Established and Boot Equlpped- - l Sugar is there? the answers to these ques-- . depends the price which you will pay or secure for your sugar. Perhaps they may not be an swered with exact precision. But firms who use sugar in their business should profit by having figures as definite as it is possible to secure, regarding stocks and probable consumption during the approaching Fall season. Such figures are yours for the asking send for World Supplies and Indi- - AafM 0y GSTAR-V- Tire KeUy-Spffl- or MORJGAGE tAND Suite 307 MeCornlck Bldg. 57 67 How much INDICATED E yS,NesS Piece REAL ESTATE, ono .blexk. about to bo lojt on $36,OCO moj-t- . ,7,JSTLuLOM,.n Stbi,Sou,hSaga. noarty 0000 aqua ro foet of ground to.cr wt'h aterr, or' more. New ianY,t7LnJPOCO'' 0,t " 0B thnte cr on,y tw 'f or pood sized yeJri' double or large single hVuZTfr? rnT,hi Pr,me" b.,fcrrnBd M0RNIN 81 .... i 16 96 09 100 ... Ft 8 A M 4S K C Ter 4s Ran O A El 6s 118 106 93 do 6s do cef 5. ftpd . . Tnt A Gt No adj 6s lot M M f 6s Inti Paper ref 5s B. C 101 115 21113 81103 106 4s ..... K m 6115 6a 6a ... 81 08 22 Hod ft Man ref 5s A. do adj Inc 5s Humble OAR 111 Bell Tsl ref 5s WORLD SUPPLIES Equipment, Mining and Industrial Machinery- Theiftaif Lake hardware Ca (aiioranJldcf TRUST A 96 106 106 68 101 6s etfa Ill Central do ref 4a IM Steel deb Indiana Steel 5s lot Rap Tr 7s 69 New York Philadelphia Savannah t Investment thnt t meets yor requuirm 5ft na 8 6 B Everything in Hardware. 7f you ran easily pnce-flxin- US 79 57 1941 5a Herabey Choc 108 107 8 k 96 88 92 88 92 10 57 6T 49 Grand Trunk Ry of Can 7a do Qa Gt Nor 7a A 7 9R 21108 IAVRORV A yU-V- func-tion- , - 32 97 6 88 8, 92 u The Investment. 1 iafe and the 41000 will he returned at maturity. The bond can be converted Into carh prior to maturity if desired, and in the meantime sure, certain Income Is received, payable In installments. 83c; price-fixin- prioe-fixln- 97 101 88 1 49 ksatm.Paa. Morris A Co 1st 4o New Ing 71 A Tsl 1st fts ... il97 061106 Where is it? How much will be used this fall ? Where will it be sold? i !! !i OPENING BALKS. Alta T. A T.. 1000 at 3c. Drama, 0000 t 2c. Keratone 100 at 9c- luO at liflc. Little May. at 2Qc Walker. 86 97 6a da W 81 I .tSHy1.. Colon Chief Victor (Vn .. Victor Mlntnff . . Weat Toledo Walker Mlnlnff .. Woodlawn Rums at 86 ...... 4a do gfln lieu 4a Flak Rubber 8a Goodrich Goodyear Tire 8a 1931 Lieu . ... .... price-fixin- 66 9A 83 87 lO? $85,-ah- Paloma Rico PrsenUnt Reeds Peak Rook Ledtft Coal Sooth Standard Bymtleate Silver Kloff Coal Silver Kinff Con SltMix Mines Swansea Con Silver Shield Tar Baby Iht Mny 98 a . . 88 7 . . , ... Brfhtol Pries Mlnlnff Proro 88 S3 . . . A 00 im to ... Standard.. 07 2 83 87 a i T 96 . Naltdrieer Park Cite yrtRK, Oct. 18. That even the speculatuni are lotting in- 11000) : V. A BON DR. let cat in this weeks stock market was gles.lHiffh.j Low. (Close. slfin by the shrinkage in actual transactions today to a total less by in per cent than Tuesdays, and the MnaiicBt of any full business dayktnc the middle of Auguat. The only Incidents of the day with more than or- (7 8 Oort 9U.tf7j W.Uft, W.Od dinary Intoreat a ere the publication rORBION. A r. of another statement of Immense do 8le.jUlffh.Low. )CIe. Brier Steel. Util ftu,s. on the railways and the Aatob Jurgaa weekly traffic EMI gen 7a D "s! Works 6a. f j 79H 79 Hkiyn sinking of the German mark to a price Is . liiioi IU1H 101 well below the previous low record. ArffBt1n Austrian govt 88 88 88 Intil today 6H billion marks for $1 kMLS 7s 45 46 46 tocm Ob Govt Ry 6s tho level low of depreciarepresented 7V 79 79 of 0s. Bodloaux tion; at today's price the dollar com- OUy ChrtsOknla As 89 89 89 manded lO.Ouu.OfiO.ooO 3o fi 76 76 6Vt Oapenbage Th p are perhaps needlessly fine SI 2 SI Si do Grtr Praguo 7H dKtin tions, when either price Is a 79 79 do Lyons 6s measure of worthleasnees; yet even on 68 68 do Toklo fis the etook exrhange there have been 109 no 8s Enrich 8110 j hotly Rep As cts T 93 Instances of stink in bankrupt prop-eiti- C aor 98 which sold around 10 or 26 cents Dept of .getue 7t . . 87 87 87 a hundred shares and ware dealt In at Dom Can 6 ft notes 101 2928 161 h figures. There was always a 83jl01 fulfil chain 6 that some small privilege - 6o Asd8A3 99 99 r. 90. od 6a 1902. F 96 96 96 equity would be cc&reded to ths DudoIrk 01 91 91 19M 5fes seemingly worthless shares, and prob-91 90 91 y a similar ague expectation is aU French lod 8sDot 7a. 99 99 99 Rep even to that givs its preeent value do THf 94 96 96 vuulshlng paper mark. 82 83 Lids &t 6s. a, iYicfs on the etock exchange moved 14 93 93 W lot 4Vk or three attempts at Jspaneoo wy llttlo, 7R 78 do 4s 6l 79, demonstration fur or against some Kingdom of Bslg 8s.. 6100 100 lno isolated st ih k itetng hardly krorth 99 do 7S 99 6;ino Wall street described the 96 96 do Deans rk 6s ... 19; 96 market, rn the w'hole, as holding firm; do Italy 6l4 90 2 99 99 hut in the days ery narrow range of 97 97 do Nethorlanda 6s. Cubs Cane Bug deb 8af 3! 98 movement there Were loth declines bOi 95 do Norway 6s 94 94 Cuban Atnn Rug 6. und advances The weekly federal Dei A Hud ref 4s. . King Serbs Croats statement emphasised the probA Rkw As 6A 22 67 66 PARC enn 4a 19 104 do Sweden 6s . 204 104 ability of rontlnulng easy money by a 72 8 73 W odiutlon of $M,4HVX0 In rodi'ounts; 6s.. n spite nf which tne reserve credit of do Bolivia As l 6 Wl SA 1 104 do Chile 0a 1046... 104 104 memoer hanks Increased $51,800,000. do 7 93 9.' lUscrvc notes again. The 1 IB do Colombia 6 !x 93 93 o amount now outstanding la only Cuba 6Hs 91 RRt 91 91 the years lowest; It had do do Haiti 6s A 2982 91 15 92 91 n rc,uicd $19J.0t0,0uO In this week last 100 State of Queehelad 6s 8 101 101 ear of Rio Crsnde lh.dny's ret,rt of cars loaded with State do Rul As .8 96 96 96 Uht in the first week of October Rtate of 8 so Paulo s continued the story of high record 81 00 DO f 8s .. 99 traffic, which began at the end of May. (twin Con fed Re 1 112 112 112 The .U79,6'.'i-ca- r was not the V K of G B A I 6 flgur It of hoa never the but year, 1029 hugest 21121 111 but twice been exceeded; and It is the 1037 41 101 do 6H 101 ilOt sixteenth week out of the forty ac- C 8 of Brasil 8s .. 13 93 3 93) counted for In 19J3 in which the mildo 7s Vi 99 8, 90 W i lion mark has been passed, whereas D 8 Brasil Ceat Ry N hlW in 4 107 16 108 12 99 7s7s etfa Erie pr Pac Pae gen 4a Mo Mo 4s. ioiiim 118 )B .... North Opohongo Ohio Copper u - ..... 1 Utxrk eljr TORK B02OS. 18. ar Oct. roUowinff today's high, low sod. closing prices of bonds os the Nrw Tork Stock Exchange, and tbo total sales of each bond (sales in 5s J (! PFUCC-FIXIN- rrw 7s. TORE, NEW. Petr Bdlsoa ref .. Petr United Rys DwPWttfta Mesfc.7. DnQMae Light 8a.... B Cuba Bug Ksnplre O' A F RAILWAY AND MIACELLANBOCS. 111 99 99 99 Ann Agr C4wm I 91 10 91 91 Anxa Smelting fte ... 101 Ant Sugar As 4s . MAJUr listening 8. STOCK EXCHANGE REVIEW FOR DAY 7 CDCNi Bank ',Zt Illinois Msrchantft Bldg., Chicago, Ml. ' Gntlmr.t Kindly Mad m. free of K.your bookfaf World Supplies, ttc."- - x |
