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Show THE SALT LAKE TRIBUNE, SUNDAY MORNING, DECEMBER 2, 1923. 14 TIE BETTED SHORT COVERING HELPS VET ALB Otnr, see Lead (ia Mrv Yerk) Apeitar (St Lenla deliv- ..$4U7.99 ..... film (isyt lead) STOCK MARKET ACTIVITY 46 ery), ..,..8$d Kl Commodity Prices Rally in Half Holiday Trading, American Can Street, However, Unable to Determine Relation to Advance in Stock. rots new 8T0CN LIST. SALES. Total flock aaJes. 36.300 sha,re. Sl.Hlgh.;bor.Cle, 93. IS. Industrials Averaged Allied (.be Twenty 7 67 Vi MV: A Lye. .1 net gain. 1. Anirtraa Css R1U.H4 ,IO!l4J6 15.70 105 low. 1323. Am iar A Ny 38, High iei Twenty railroad averaged 03.35, net Am later Cocp . 16 36. 35 26 Am locomotive' . 6, 74 78V 74 gain, .13 Am Smelt a Kef 51: low. 79 53 8! 69 59 ( 69 High 1923, American tfngar Tel it TJ , NSW YOtfK, Dec. I. Active opera Am Am Woolen abort aided by tkn for the advance Aoacoods y ... Copper covering, turned stock prioriof uo brisk-lAichtoon mar tha session brief in today's ket. -- Commodity price a1o rallied in Raldwlo Locomotive lj of Nation Gold Reserve Continue to Grow; Bond Market Favorable BY BYRON SELLER (Copyright, 1923. by The Trlbut.) ,treet NEW YORK. Dec. remains absorbed In the problem of ' the relation ot the security markets to the state of trade. The question Is whether the recent " advance In stocks measures Improvement In business actual and prospec -. tlva. or whether It le the effect of ln. creased dividend disbursements and of all etatemente. favorable remind In tbe which represent conditions market peeL The turn In the stock came eimultanrously wim the ondeclathe ration of an extra dividend common stock of the Steel corporation much earninfrs an report and with more favorable than had beeu anticipated. This example hie been followed by the board, of many other lard cor-of destlv to the benefit to ' porations, the shareholders and consequently the market, but there areallmany doubters who point out that out thle of represents le disbursement profits already made beand ts no Indiexpected next cation of what may year. . GOOD. BUSINESS As to business itself, th evldenc - ts neouraln. There has been pi a remarkable show of buylnn In are Iron, although trade authorities two minds how long this activity ' of may be expected to continue. Automobile manufacturers are going ahead with greet confidence. The high price of oottdh hss "vastly Increased buying power in fth south, OUTLOOK - - , V ' ....... .... Paelfle pfd Mo Montgomery Maw York N T N H 27i 27Vf 12 49 4Vl 6! 12V 11V I 28 Vs 28 Dragon 27V 8' 25V 25V 254 1A4V!1A3S1A4 14 S' 14V 1H 144 54V 63V MS 424 48 121 . 18 49 58! 41 W! II 41 Produce ra A Reflaerai 147! ?SVt ' Ray Con Copper )2H 9 . Reading 79! I Republic I A Rteel . 1!' 404! Reronlda Tob B T2H1 I 27 ISH! Shell Union OH Atncialr OM A Refg j 4W 23ii! .... 4S 724. IB'S1 ..I ..I 4 23o! .7i ...i 8 50, M on! 105 nhttnbla Bteel 7" 1958 a id kicclea 7s 1924 55 . . . loraan Canning 7a 1958 luluat ( reamery 5 1926. gden Pr Cem 7a 1924 85 I. A Ogden Hr 5f 1984 . L A tah Ry ft 1944 , L Term ( o 6 1985 ellurlde Pow to Ik 1988 tah (nnat 7va 1924-8. J MM ion P9.MV 99 It Pro U 6a A A Pr 2022 la ooj loo not 1M 99 50j 99 OO! 67 ,5oi 99 n 68 MM 19U , 1 ml ( 3.97V .06 .05 RATES. 9r BOSTON COPPER Reported hr J A. . . ria t Ore Pic 4eEdl Pac Pan Penn R R rf Pdre Co) Bid. Aakcd. 102 10 102 mioi j 94 78 53 STOCK EXCHANGE REVIEW FOR DAY 80 51 97 6' 97 97 97 22! 84 49 106 111 04 84 105 T 94 84 105 94 elr Jfefcr JJjqrrk 1 6s ... 4a I eimcj. ! 1 1 i . . Anglo-Frenc- .. 5a Marq Phtla t'o ref 6a. do 5 P rce Arrow 8s Prod A Ref 6e wltbl jilililiilUSiPi : 6Vz 1 j Interest Wf- 7' i 6a. fju I eon-gre- J" f .... ref Pub Srvlc 8e Punfi Alegre Sug dtradlng gen- - 4a Rp Ir A Rteel HI Ark A L 2 8 Gaa of Chic 5 C- - it comenes Monday, the coming week changed prW. Fins granulated. 9 20c t 9 2.V Rffnd future, sorniual may be interesting on the stock closed firm, approitmaf Bugar future as well as in politics. No one In Wall street imagined today that sales, 14.000 ten. January. 8.23c; March, the president s message will be other 4.5Dc; May, 4.62c; Julj. 4 T7c. than conservative, undoubtedly urging FLAXSEED. the Mellon tax reform plan on nrU'Tff. Minn Dec, J. Tloee Flax and poaaibly expressing disapeed: leember, of But the soldiers bonus. $2.41; January, $2.43 proval Wall street takes less Interest in the May. $2 40. recMr. Coolidge will question what ommend than in the question how his recommendations will be received by congress. Possibly we shall not learn milch about the real position even in the week of congressional organization, but it is also possible that the character and outcome or this work will settle doubts as to who is really in control. The judgment of most peoOB . ple who have seen many new congresses come into active being is be to abundance that of dec. likely laratlon and Abundance of new proposals !Jeg,,auo? will be in fv,aeCt n of actual legislation there will juooe ouuf'NO be a minimum. This leaves the field nf conjecture open as In hnw far financial composure is likely to be We Loan Money shaken by promises without On Improved proparty NOW YORK, Dec. 1. The stock exwas once more in the backchange 100 100 jlOO ground of financial interest today. 100 5 110 110 More Attention was paid to the recov57 20 57i 67 ery in foreign , exchange nd to the i 10 14regaining by the cotton market of ell 108 103 151103 the ground lost on Friday. The spot 4 93V 93i 93s price of cotton ended the week above 20 39 39 89 any previous price of the year; it a as 89 2 91 j 99 a pound above the price or a 0 102102 !02 week a4ro and 6 or 20 per cent IT 61 M 51 above the opening day of November. 9ft 15 99) 99 The day s advance of nearly 1 hi 107 15 107 (107 sterling, followed by continual ex 16! 92 92 92 all of and rates them chAnge closing 11 79 79 70 tor near the ht.het of the dav. ex,. 13 8V 90 dently indicated the market's attitude It 90j 90 9l 90' comh latest toards the - 4102' 102 102 on poliev toward fiermany. promise" 8 106 107 107 a 91 Btefling ended, however, with a nei 91 91 decline of ?o for the week. That market still has its ee on Thursdays 2 88V- 8SV 8 in Great Britain. 9 91 91' 9199 election SUGAR MARKET. 99 Todays advance on the stock ex90i NEW YORK. Dec. t Raw sugar tMy 69 89U 89 U change was irregular. It ran to one to the a bowed further decline of 7.3 73 73 or two points in various industrial of Cab basis and freight, for cot 5c of minor share niosllv, howeer, 7 41c for fo 107 centrifugal. Tbee were 2 107 - 107 and readily subject to the equal mile of 1400 bar of Cuba tad 4900 bag 41 tA!, machinery of pools. In the sta.ndard of local Peruvian to refiner. 14 loot. na 4f investment share there ma little 3 ugar futures, after declining 4 to 87) 87 67 4 change The greater number of b'h 7 Raw under liquidation ia response to II 88 point stocks, indeed, ended the week ery the esaier of the spot market, rallied 21) 75' close fo the finaj figures of a week on coveringruling for over th wek-enand ago commission bouse support. Final price Inasmuch as this halt in The real were point lower to 9 point net higher. movement of the market has been oc- December closed 5 80r; MsrCti. 4 59c; Mav. casioned largelv by the wish to- wait 4.H2r : July. 4 77c. and hear from the' new congress h. hen Refiaed nggr continued quiet at til- - Bell el 7a... 1. ref 4e 5aeh R R A N 4a1 Gas A Elec Se... TAT 6a 1952 .. Amn P, A T 7a. . a 80 ini 3lT.53M itf 99 89 131 51 81 597 96 B...I nw cn 80 14' 78 6e 6a 6a D etfa . Mate Pr 6a B. do TREASURY DEPARTMENT, WASHINGTON, D. 96! 94! 94' 78 Ilf a f 6s. Par ref Peple UNITED STATES GOVERNMENT SAVINGS SYSTEM 81 73 I adj 6a etf Nor Amn O S 39 79 83)S5! . pr ct A H w-it-h 84 61! 81, 73 T3 81l 96l dp Y Tel ref 1941. do gn 4a N Y Weatchrater A Roy 85 87 69 40 79 80 t 89 S4i 90 10 St 8t 82 101ilOt!l0l 1 95! 93 JO' 96 96 T' 98 98 98 92 92 i 92 83 war CLOSE. A ref 6a Ry NOr do Nor S4. 67' 57) 59 69 13 orthw 4a Why Pay More? You can make payments if monthly desired Gorl Hthlchm .ulf (Mat HmintYtfl OH ti . , . 82 8.M, So k t Utah Recnrttle u'hnged: reT.eipt 297 iaw Vlralnla Chemical fnwl, poultry. sMtc.' kwer; ... Babafth A moater, 12';C. geeee, 19c; Wwifm ParpfdRt prine tnrjii ts. 22c l82r; .1 16 .! 9 9( 34. 88,' 14 14 . . i 16 9 16 38 ' do NEW YORK BONDS NEW YORK. Pf. 1 Fail ing are to da; a high, low nd ckeicg pricea of honda os the New Wk Stock Exchange, and the total tales of each bond. it' 8 bonds lo doiiare and thirty aecooda of dollar I Sales Prtrat 3a 4a 4s 10aA 45 71 T2 Ar ntiue 7 Austrian Govt lon 7a Bordeaux 6a 5 Copenhagen MI NINO QUOTATIONS. EASTERN t Aa Reported by J, A. Bgle A Co i Greater Prague I,.toe 6a hick on f ro OfpPM Mine iPatla Daly Emma ! .... lrre BlefMMw iMaarm Valley Meaaba lnn Ohie Copper New CornUa Nevada Dmiclaa Park Citv M A Park t tah Hlmce Sliver Tca4 Silver King Cem I'oltcd 5rde Extenalce, S...... .... Weateni ' Wire Xlaia fitroeL Tah Waaatch 77. Offices at Ogden and Pocatello. i D. 75, Btr iSiC..,r MV; 86, "5 i 87 ' 75 77. 75' 4' ... Kep of Bolivia Sa do (Tdle 8s 1941 doTIrUs 7a do Coloabia ; i a j 86 78i 87 77 76 73 6s6a s.'' ;i fti. v rair .irtr Ji S41, MS s Parta-Lyo- silt La. 1 161 87 1' T 87 8 77 7' 76 7' 75 7 jt 101 101 ftd 7a butter, nachaagpd. WFW TOKK. Low .... 4a SAMBAS CITY PRODUCE. KANSAS CITY. Mo.. Dec. 1. Ena. higher: ffrete. 46e; eelected. Me. rmihrr unrtianrtd in ir higlitf. li i 19c: spring. I?g20c. Other poultry aad Uftiicm feUtn. 121 ftft 17 99 16 9ft 16 Svl Ctah Copper hex f FOREIGN. 6Ies. .High 9 t02 Marseille 6a . . . City of ft de Jan 8e 1947 .7 V 89 SS ( ss Caeeho Rep 8 ctfa 13' 93 ft ft toatak mun He A . 107H,IOTV 1(107I, Pom of ran 6 S mm , nn., irYi'4 notes 1929 do 6 1953 SI f4l SftMii Dutch C fed As 19621 MV M- -, do fa 1947 ... . II M'.! S'V 3 French Rep $i , . . t BS3,! M3 do T Jft w; S SS J4p 1st MS, ftas, King Belgium 8s ,, SS'.I MS, do 5j i o?v do Denmark 6a IMS do Netherlands 6s S MS M4 4? do Herbs. Cmsts A filov 8s . . M4 SBV4 do Rwsdes s. ... Orieatnl Per rt.ft Sj- - 4 ST S j S7 M7 InltH Eastern A. H0GLE & CO. Invastmsnt Sacuritiet 8a 8 BONDS 6lea High Uw jt lae. 179 99.50 99 28 99 30 2 96 05 98 05 0 03 19396 U5 98 03 9 04 604 99 09 0299 03 512 98.07 96 04 96 06 Liberty do 1st 4(ka do do 3rd do 4h 4Va t 8 Govt 4 8a t y,,1? t ..I . ... do Cubs do Usitt.ds A $963 f S4 3. IS IMSHI4 mss 4 MSI M MS mi 13 .is 3S S3 DOS s SSH si 04 Car 7a K v 2 7a with war ihena j 1 3 11 4a par 5 "eatlnghae Flee 7a.. i'iinfUwa ftteel Co f Rheet A 7 . 100 95 68 95 j 68 102 91 92 44 44 107 91 95 98, 93; 84. 102 102 98 98 96 93 87i 7a 3 94 Abraham Irrigation 100 Beet growers Sugar.. 1000 Black Mtn. Pet 2ft0O 67 85 94 1 1000 106 87 94 $7 84 1 i. 96 Tuhe 6a 96 ! Tola! of bnuda todar were $5,31 with 000 $8,926 compared prerloua day and I6.U14.O09 s year ago 83; MONET AND EXCHANGE. NEW YORK, Dec. 1.- - Foreign exchange, firm, quotation in cent Great Britain, txtv-ddemand 464: cable. hill on hank. 431. France, demand. i o ; rabies. 5 Italy, demand. 4 33; cable, 4 4 66: cable! Belgium, demand. 4 66 Germanv. demand. .000000000016; able. .nnoorwxwiIA Boland, demand, 37 90: cable. 8795 Norway, demand, 15 00; Sweden, demand. 26.23 : Denmark, demand, 18 00: ftwltaertaed. demand, 17.46; Spats! demand, 18 07; Greece, demand. 2.00; po. land, demand. .000090; t aeoboalfwakj. de. mand. 2 91; Jngoalaeia. demand, 0014: Kwnaqia. demand. Austria, demand. M; Argentina. ' demand. 125; BraxU, demand. A 90; Mcotreal, 97 81 32. 50 1000 500 1000 2000 1O(0 2000 1(KW 33. .... .... .... .... Quotation m r' Rlmrt butt OKnUi.' bill. I pw Mt. wr TtrtfEXTnrx. RitAtNAH, til., Dk. 1 p--r ;'Dirot ceot; ihret Ttirp otlo., hH, US: rmtpt., 63: le-- . .tock. 1.3.M6. Hn. in, firm; Ml.., TOB; ncript., 2Sa'; ill 2; .lock. 1S4.S7. i t- -: B to I, 4 2; KetitO;-- U. 6.40: if, 4.S0; wu, &, is; wwx. firm. Wt 2nd edeet.d t 60 bwa wfa riia mm 4gl BOW. far tto far fm MnbiMia tar tW Uw La la mm w faUmo Plant a day. HIGHEST REFERENCES. trtl1ity aTT MtKMtle fads Wt FRANKLIN FLICK 6 COMPANY Stack Eiekraga Betidlae Calif. BLOCK LEASES TO LET Gold Ore Sug. com. .... 1000 Virgin Dorno Oil 400 Wvut Oil . 5 Zion's Savings Bank. 810 OO 6 Z. C. M. I. ........107.00 and Information furnished on imliatad stocks ' Wp ooiiclt your account ' Wateh Ya 609-0-0 I. a. AJehed WRITE TODAY T'HX MAGIC Rudy Gun Club ....475.00 .13 Three Kings 9 00 Ctah Oil Ref Ore Ctah Sampler ... .90 Ctsh-Id- Abe wnnunjitlw Md mmmm 150 U. 8 Syrupy.,.. 10 I tah P. A 10O eilr ia areele distance; no Disadvantage Oae will abla ......... 1000 100 le ,srtlel,ato la Wle, eel. In ew ,nu Mhk, le eed .beet U. Aw wF-h- dl, jUi (ewl 5000 Lion Oil .04 3 K. A R. 60 00 1 New St. Gun Club. ..7000ft 10 Mutjjal Coal 9.0O B Cg. PrM. Cmt. com. 81 00 5 Og. Prtd. Cmt. pfd. 91 00 96 $500 Prince Con Boods... South, City A 3330-S33- 1 SAFE BOND YIELDING ' Milling recovery Amalgamation Concentration Hardin Will install Flotation Cyanide later, after additional development. Property examined and reported on by Mr. Harry A. Leo. For particnlara addrens H. WISH. NEB HAMMOND I13d ' Cabifflo Canal, Venice, California. Wilfler MilL 7 $2,250,000 P.UBLIC SERVICE COMPANY - B 4 6 OP COLORADO Convertible Debenture Bond, Du 1933 a population of 474,000 in Denver and nelfhborlnf citle with power, light and m. Net earning for lr 7iv, inert d 1WCJ. b Thi company abl mtngi could shrink ii, time and-Uto m. inlrrrrt requirement on the bond. A ainkint fund will retire $114,000 bond per annum. 7 7; ; 'lent. PROFITS lifel eeeaeee E. - 1 M,,d LOS ANGELES RALPH A. BADGER & CO. IS XOnT. lilr-- r, ..9 00 .75 .10 Baker SteAm Motor. .01 00 Con. Wagon Chesapeake Dk. Cb..l90 00 e Creacent-Eagl07 Deseret Irrigation' 1$ o0 Eureka Metallurgical .00 ; .30 Fargo Oil .03 Farnham Dome Oil. .01 Gustaveson OH . . . . GienaJlen Mng. .12 .00 Hope of JraeJ .19 jnd. Gaa A Oil 118; L02D0X IINDON. THc, New Btgt 1 Wo sell on monthly payments 34: 41. at Broadway Waaateh 638 m Aeroplane Oun Club y WE WILL SELL 10 67 65 94 103 57 Mltten-Brwle- 100 Ttah-ldah- o Sugar 10 Utah OM Refining 10 Ctah Power A Light 100 Western St. Mach. 25 Western Livestock Loan 1000 Wyut Oil $1000 Ctah Con. Co. Bonds 10 7, 0. M. I. 5 Zions Savings Bank Mutual Creamery 96 82 87 87) 79 79) 107 107 107. it . 100 107 91 104 10 84 600 Amalg Sugar pfd. American Leasing Mng Black Mtn. Pet. 100ft Crescient fcagle Oil 8001 Oustaveaon Oil 2900 Globe Mng 1000,Jumbo Plaster 10 Mutual Coal 100 106 94' 7a. Ref 6.'. 82',10482 67 V 85 1. 1 108 7 41 T9 2 Md TVick 8 pen BMarui A j 1 . 7 Rv 5a Warner Hug 91 96 1M 1 103 12f 84 23 102 . 10 1000 5000 1000 . 10?105 107 f 3 .. 8teel n Stores Realty 6 8ng 7 ... Vrtf)tea a far Chetn f s j do j 7102 T R. V ai 87 102lfr .. 1st 4a ref Colon Tank I b Rubber do 5a In 92 86 fti ft 68i ... 7 n loo 100 WITHOUT A LOSS TO S CVSTQMSS Main WE WILL BUY 8i 8( 81 ft 1? 100 10 98 21 8 18, 93 171 44 ........ 4a er 4a d 93 15 6a.. $0 VSSAS 94 87U, K8 96 96 93 187(8792 18 M 1 6i rcon Pa t .... dA j j T4 Product II ....... ' 4a rf tr4a 4 eol ft UNLISTED umr c 1 M Railway fea do con 6a do 4a grj Tube 7 Term Klee ref 6a TMnl At adj 5a...., InC Ivlervuter Oil T Kirct. Par do do . 4 10 88 20 96 lih 5a.,.J Line 5a... H 1 Pipe porlo Rico Rug 7a (ol Pr 6a So- - . 7i on Oil col 64 rude ' 1o 82! 62i MV, . .. tu'lair S Rtpl B 6tc1 Vo I1., loranJupce TRUST COMPANY ( 4ft62r position to help you make everv dollar Our facilities are at vour rommand and we can assist vou work to invest your funds wisely and well. v 169 .02 V .28 .rt M! Milrto batvrard 14! 14 14 123 Natual Lead 123 123 Crurlble Ktt-- Sq 66 66 2. 63MS64Vc 65; Arrow Flax-23 Plrc 26 25 pfd V $22412 44; Prod A Rfnrr 26 26 23. Prwtacd Htcl Car . 83 53 CHICAOO PIODCCE. 83J 6? 24 34 pfd rnirA'.O. Pc. I. Butter, h gher. cream-er- 6hllPaul Dion 13 1.3 18' extra. 52c; etaodarOt Mmc, eitm 6 0 New Jeraey com........ 85 85 85 firsts bnujMVo; firata, 45t4;c; tteeYmrla, Ti Uulf Rl .... 42 'rt 48d. 89; 59! 89 Parlor of these! Direct .... .004 .! 3.90 j .05 .! .04. 98 Textile onto Cnatlncnta) Atphulf rd. United State .Virtorv notes to the extent of $40 000 070 Interest has Hopped. rresfute,'.- - 0r l'a.' nient. 5030 22,000,000 of matured W ar Certifioates hae not been eashed in. 500,000 investors are still holding- temporary Liberty . Bond to the amount of over 43,000,000. These bond carried only four coupon and therefore holders hae not collected anv lntereet for four years (amounting to over 7,300,000). i. .. .. . .Oftu ' 84 J 67 40 79 a; ..... ( hui A Ohio ChO Copper ( cu Cda WHEAT. OATS AND RYE. rTa.h-NoIIIVNBAPOUS, 1 northern. $1A7V112; No. 1 dark northern eprlng, chUce to fancr. $1 16V to Choice $1 124(31 1.5S: onlb ISIS: $1 lAVftl 12S; narr to Lvoembcr. May. $M4V IlflKS; No. 3 Corn ftlow. 674c Oats No 8 white. .TAViiiAr InvMtors often neeleut Tb following is an example: you on , N 93 y, 1 Carelessness of the Public An ....j ....I .. 8lft Adventure 8a . , .oov lTc. A FOREION OOYTRNlfENT BONDS. rate, the brutt of th attack will fall bv J A. Heft A Cn !A Reported mo a a matter upon the khoider keT! Bid. of fact, thin is the vk hole trouble with railroad finance 76 1945 it in so much more Arntlne 77 86 attracts e 1900 4a 87 Brazil to present conditions 85 h.f a creditor than to bo a partner. do 5 1003 87 45 dc 8a 1906 46 1916 41 40 Btinn Aire .. 84 do .5a 1915 ilarge 87 84 maHl . .. do 8a 1915 57 fM ... . . dn 6a due 1926 96 96 Cubtn c.nTf 6 1929 tlargei 96 7 de 6 1929 larnalll 1901-475 ... 76 CApcnhagcn 4 67 JaMin 5a 1907-471 47 1902 62 Nrtrwav 8 49 1904 64 47 de 49 47 Parla Orlean Re 6a 1956 48 Sac Paulo 6 1936 (glial . 868 375 1907 57 Ja 5 87 WV fo make their monc'v work for them. high-grad- .... .... annum compounded and matures 5 years from date of purchase. 1 a N Y 98 80 i L 6a I5di IW8 8.73 AOa T A I . 3O0O at 2c tmubined MetaU 800 at 24c East Tlntic toahtloo, at 1V A seems to have been reached. Buvlng by banks and financial Institutions supports the market, but does not advance quotations, and the foreign purchasing is very Irregular. For private Individual Investor, the railroad bond of. the savings bank grade with Its 414 to 6 per cent yield offer no attraction. The man of large wealth finds securities more profitable and others demand a higher yield. In tlua line there has been a good deal of discussion this week regard to th effect of a reduction In th surtaxes on higher Incomes on the market for municipal and stats bonds. One of th argument In favor of such reduction that capital now diverted to the nonsecurltv would productive be available for productive Industry. Eo far, howver. there has been - no aign of weakening In the demand for e hv the fact municipal In speculative railroad securities the tendenev ha been to favor the bonds ss against the stocks. No mat-- , ter what congress may do fn the wav of railroad regulation, the bondholder Is not likely to be affected. At anv ..I Htaodard 66.00 NEW YORK LISTED STOCKS. (Aa Reported by J A, Hogle 1 far aa Investment of the high-egrade go. a poeltlon of tabtl!tv 100.00 68! 96 2 84 26 5s Tex A 6 nw 95 100 81 80 58VI 88 96 96 M 821 85 4j 6 00, semi-annuall- iioo-uioii- pr heo 5a A( do new ndj V A...' Mo Par caq 6a do gen 4a Moitt Power 5a A.... New Eng Tel A Tel U 5 New Orieene Tex A Meg Inc 5a N Y ( eol deb 6a.... do rfg A imp 5a. . New 3ork Clilc A Bl do N 6ATCRDAY8 w BONOS STRONO. As .oov,l ' Howell. ICUtO at 2C;c Iron King. 2U at 31c. Kctone, 110 at 64c. Knnbec. MHI at 21c Lino Big 81. 10nO at JOc. 500 t 17c. Mbhigan Ctah. Mk) at 1000 at 4c; 12 f New Qtimcv at 4Ve. 8I0 Park Blngharf at lOri.iO m .50 Hilrcr-Wii- fg i'alUV0 10 at $2 95; 1 t 83 im. JOO 50 at $2 97X : lOiX 00 Hi'rer King toeaolidated. 500 at 35c. 350 90 on at 861. tkcat Toledo. 100 at 28Hc; 5t!0 at 2V mo oo 67.00) 95 00 9. . -- 100 00 ins no 85 no 69 no Pd no 9d on 104 no OOt loo.nnt m oof 1950 .06 hen N im.no oof 4 ,24' A P7.00I 10O tvt 97.. 50! 100 no ini 1980 .28 0.3 ....I .oov Lelge Coal 8a on on B'lV'NlUvfn 107 OO Zuma MM 7 .0 80 Sit . . . ilO6V-.10- 95 95; J0Q 81 6 .... 8a.. ....... 6a Mo Kan 4.0 3 92V .35 Price kilning Provo like Arg knrle 6am J Umn St P A 8 8 M .nov) .02V Itah Con Chief .. 9 25 t oiM Toledo P.00 Wet tVatkM Mining R 41 20 1961 .... 1(M. 00 70f .80 56 Wt' 60.00 Tlntic 8.701 P 99 I P A Men-4a- . A I 8a Ft P C C 5a B. 7t5e.. 7.00 o.M .8t1 rf a Termioal Kellr Spring Tire Lori Hard 5a L A N 5 3008 Manatl Rug Mrkt 8t Ry coo Midvale 8eel cv Mil El Ry A Lt 4 .50 102 do pfd K K Plutna Ploohe Brtatol The 1919 War Savings Stamps are redeemable Jan. 1st, 1924. After that date they do not bear interest Exchange them for the new issue of U. S. Treasury Savings Certificates paying 4 per cent per inannum, compounded stead of the lower rate you have been receiving. The new certificates are exempt from the Normal Federal income tax and all state and local taxation except estate and inheritance taxes. They are all registered, and safeguarded against theft or loss. One of the safest securities in the world the U. S. Government back of every dollar you invest. The new issue of U. S. Treasury Savings Certificates yields about 4 yt per cent per jl4 108JOS 2 108 43 107 adj fle a f 9e. (tvNr Mahce 97 ,100 114 .... A M 90 53 102 100 41100 3a f If .... $ If you have $1000 in War Savings Certificates you can get $1250 in Treasury Savings Certificates. ,102 j 4ilO?Vfl9 97 ll 97 .... Tnt Paper Bloo Well 25 8 Ene gn lien 4a .. . Fisk Rub 8 ... .. Goodrich Good 'car T 8a 1931 do 8a 94 1 .... . . Grand Trunk R; of Can 6 Great Nor 7a A B do HeraHr Choc 6a . , Hud A M ref 8a A do adj me 5a Bumble OAR Ill BU Tel ref 6a Int lot 88 001 ion 00 8.00! 10.00 .09 .65 com CK . l lA.kod. Bid. $ ... 101 90 6 90 20i MV! 83 III Cent do ref 4 1988 ... Intvrb R Traoa 7e.' do 6 do ref & ttpd j .... Kouk 14il03 8.. .... Park-lta- ... 7i rtf ctf .... is . stimulate business and speculation and to raise th general price level. How far this will go, of course, no one can tell. Tha rule of experience Is that such expansion le onlv checked by a rise In the monev rate and a Of this substantial rlsa at that. there ia now no sign. week closed has been one The Juet of hesitating movements In securities. Th market for lavestment bonds has been fairly steady and reports of oversubscription of new Issues are the rules Ft is a little disturbing to hankers, however, to have a new issue which la "heavily oversubscribed' slump two or three points when th underlets go. writing syndicate Dealers and speculators take large blocks of a new bond issue, hoping to make s few, point .profit, and the easy term on which money mav be borrowed facilitate . the operation. ftVh-- n it la seen that the expecteu profit doe not materialize, the securities are thrown" over for what they will bring. The trouble Is Lhat this class of subscribers is too eager for quick gains Bullion Eurpicn Gold Chain .... 2 4 7a E Cuba Pug Empire U A F At The Hew Prices: 20 few a $ 25 Certificate 80 for a 100 Certificate ' 800 for a 1,000 Certificate - If yon have $100 in War Savings .Sumps you can get $125 in Treasury Savings Certificates. ,3t . Kennebec Little May Lehl Ttotic Leonora Lyan Big Six .. Mammoth vmier Hill . . May Day Maeon Valley iah Michigan Slontana Biogham New Quincy ... NaHdrber North Standard . Opobongo OhU ( op per . . Park City M A Park Bingham 199 22il LOCAL IlrTEITMENT SECURITIES. CwitnorT Pooele. Bur pfd and Aotrlop Lilly Ettjrrkt Retone in huQOrO, sale. 436.300 iharrs. Mutual Etfcf Coo Indian Queen Iran King . . T TSt.) 7014 r do pf4 Tin itraat Western s msi gavti saq. fonthent Pacific I 271 Poutbern Rr 94',' 369.1 36 Ti Standard Ot! of Cal! 261 36 33 St 36 do of New Jersey. J 3,3 S 33 U 33', Stewart Warner 31 3ft 87SI 9 ftudebaker Corp ... 13ft KXi Ilft3l,'105 .... 431 42S' 41 SI 4?S New Tejaa Compan and Texas A Pacific .... 14', 8SJ 471 91 Tohjrco Products A 0'4 90' 31 814I rcrntineotaI Oil 2'4l S lion Pacific 3ll3t 130 T3t 8 fat Iron Pipe., Ml 3ft'4 36 3ft 4 Ind Alcohol ... I 22 63 32S 6.3'i 8 Rubber 23' 9fl'l Sft SB 14 n Steel 771 03SI ft4'4 MS 21 64 34',! 64 921 33itl 341 3.3 31 '3 3 Jft 91 7Sl T' TS Sales Total Crwi) poiot Tiotir to Et East V 4t4 414 S2t, gtVj- 824 (,!eo 41 41 Htrubirg lUora 25 V! 24H Holl Iron Bloaafm .... 121,1 1?. IT AWT 44 68 S 42 kliDM Euraki E Certificates If yon hare $25 ia 1919 War Savings Stamps yon can get a new $25 Treasury Savings Certificate and $5 in cash. 6t 1lvr Quail 4 12V 28 .l .08 .wV I Treasury Savings Take your stamp to any bank or post office. .Oiv j War Saving Stamps To Your Post Office or Bank and get in exchange 1919 How To Do It .03 .08 .08 .oo V .06 20.00 (15.00 .25 .23V .U2- .ooV ( .oov1 .24 I j I .02 I, .03 .03 .95 I .99 .01V .01V 103J,O8,10325 Colb Rrxli 251 25i coiuridV Coo VI 84 84V Crow 171 11V 11 V' UH Lgrdiff Paiot 65! 32V 80 81 V tiofr 12, 35V 8$ $3 Cott 19 M 65 65 Dily ..... 99, 85V MS 84 .. Peonaylranta Phillips Petroleum Pittsburg Tunnel . , , Take Your )Akd. I .08 Mia Co Rnll'oo Big H4C Bltck Mrtil . Minrt Biogbsm ( arobinf Muli Cm! Burrkt .. CMar Tho 2r 14 84 Ward Can fra I . A Hartford . . Utai Redeemable January 1st, 1924 - FoUowlnK the report of a strike at the New Quincy mine, although received too late for general public interest on Saturday's ceil, the stock advanced e quarter of A cent ind wAs said to have gained another quarter on the curb. During Saturday call 1000 shares were sold at 4o and 12,000 4 share at In the higher priced stock Silver King Coalition remained etrong with sales of 100 shares at $2., 100 at $3.97 and loOO shares at $3 Following are quotations: LISTED RTOTKB. Bid . Northern Pacific Pacific Oil Paa Am Petroleum Report I Received Late, but Stock Makes Slight Advance on Market. Am 6 lt ..... .... eater-day'- The gold keep proved unfounded The result Is that we have coming. in th United State a dollar In gold for every paper dollar of every de ecrlptton. In circulation. PROBABLE. HIGHER PRICE According to the lateet available figures gold coin and bullion totals ll.16S.091.S12. while the paper money In circulation totals 14 125.697,237 The reserve ratio of th Federal Reserve bank stands at record figures. Here, then, ia a fundamental condition with which any forecaster of prices must reckon. Other Influences may front tlma to time modify thle one. but acting in tha long run the effect la to Uf Chat it Ohio ( bicBfo A Alton pfd C M A ftt P pfd Chicago A N W .... Chicago R I 4 Pae.. ( hiln Copper Chino Copper CoaoUdan-. Gat Continental (an Cora Products Coaden Oil Cnirlble Steel l uba Cane Sugar pfd Daviaon Chcimuai . Du Pont de Nero Kris . . . . famoua Player Maky Leaoral .... fjronernl Motors , Great Northern pfd.. do Ore rtfs Gulf Stales BteeJ .... ffltnol Central torplrat'on Copper Inter Here Jfar pfd. International Nickel . Kellv Springfield Tire Kenoerott Copper I tin a fswvtnotiTe Mack Tnn-- h Marland Oil Middle States Oil , Mo K A T (new I ... Atlantic.-Re-finer- n .. Ohio. Steel .... Petroleum , . . . . Canadian Pacific ... Central Leather Cerro de Peace Cop. (handler Motors .... t . and railroads and Industries operating have been correspondingly there helped Retail trade the country over 1, good and the beet Information ie that merchants are buying eteadllv. but of cautiously, with no accumulation eigne point to a conNEW YORK CUB,MAK KT T. good. All these tinuation of 'reasonable prosperity. Total tales of stocks. 270 900 shares It ts still a question, however, how ftles of bonds. $380. 0AA lotal much of these favorable Indications has been discounted In the stock Pec. 1. Following l NEW YORE market. official hat of transactions on the Meanwhile, there le one considers--tlo- - York Curb Exchange, giving all storks of vital Importance In any dle- hotels traded is: russlon of the future of the market. In the gold That U the elesdv Increase Predictions -- f a turn In th supply. tide whereby the gold wh pouring Into this rountrv the last few jreajra will begin to go back have all it Baltimore Bethlehem the trading. American Can again was tha maker, Inside buying pushing H up for nearly 2 points to J05, a new highhowThe strength, the movement. ever, waa general, covering. In addition to the usual leader, a wide assortment of share In 'the oils, tobaccos textile, equipments, steel and specialties. Several factor contributed to toand day's evident feeling of optimism Influenced traders with short accounts to coer hastily. Overnight news from abroad waa more cheerful, and H. Gary, laaf nights remarks bv chairman of tha lfnitd State Steel as a bullconstrued were corporation, ish Influence of proceeded the equipments Buying on a large scale. Baldwin moving up 24 points and Pullman adMmeing 2 points. Motors and motor accessories also wety bought reartilv, Ntudehaker a gain, while recoerlng Stew art Warnerlpoint gained a similar amount. There were a few individual weak spots. Hvrdaulle StAel preferred, v for Instance. losing YTolnts. 3 and Eastman Kodak 2 After opening somewhat Irregular, foreign exchange rates improved lit reflection, perhaps, of the better accord evident between Great Britain and France over foreign policies Demand sterling regained the 2 cents lost yesterday, betng quoted at 14 35 s and French francs continued adtame more than 6 points to 5,40o, Tha weekly clearing house state, ment showed an Increase of 157.770. 000 in loans, discount and investments, and of $14. 57,000 In the reserve of in federal reserve the member banks bank Net demand deposits increased and time deposits gained by $81,431,000 $7,388,000. There waa a slight decrease in circulation. Aggregate reserve totaled I524.744.oaa, leaving of $1X000.880. an increase of $2, $97,300 oyer the previous week. y Lake D To Holders of 1919 War Savings Setting Pace . 'Ts3 Wasatch At yr 0 ROSS BEASON & CO. 042 Folt Building "f A FORTUNE For 5000.00 cash will (Its yoq an Oil Leas on on of tha best 40 sere of Patented near Production in La Bart Wyoming. Investigate y you WU buy. Address Box Tribune, L-2- |