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Show 10 THE SALT LAKE TRIBUXE, MONDAY MORNING, JANUARY 31927. for on U.S.SECIIIES,!1SS nw nine. HM hum- vn ee - )tl Hit l . Chit 4 Alto 1 ee In mm llau i eoa O 1MI burcr at praveil- - larfer prof tkar setback pranch finance. In other word., a investor ta will-Ito take the rUk on a forelfa boad If la paid to do ao. It win not do, then, to taka It for fmtitra that the airaaflh Id fareif-Uauee ii la week waa a reflection of i lorrwa. rf iiriKini of France Bee Ban trua that tbacoinq undertakes to hold tha frano around tha levl for tha praaaat, but It ia not official stabilisation. Wha hia hapoanad la that aurne check bad to bo put to tha deflation procea to rlv Uma to French bualnaaa to Tha International raaojuat Itself. OetM are aiilT ft menace to perrtia Liberties - and Treasuries nam reform and until they ara set tied and It la seen that tha eipected Induatrlal erlaia can b awcaaafullir Show doubt will remain about tha Year; mat, French aituatlori. it bodfet Helgtum ha All Time. and haa ratified balanced Best tha debt frenient with tha trtlted Statea, but at a heavy roat to Belgian taxpayer, Haitian dollar bonda hava been seoond in streriftft only to tha French durlnf waa not duo to High Yield and Specula- - the week, but thatBelftum'a trouble conviction that EV-were at an an and, either. Probably I I, a . i, j. f.ir to WiauvB iu th,, th. risk no Ckse b- 0 ... 111 I 2 )', H at tm j e at a tit MtM rv iw IM'i t f. tt I .1 W I tl a'inTi, lifH ear Q rtf V 1 1 s ai M 44 .. ee rfa diele de e a ti V I He nil te 4 . t.at rw it ...lw, i 2a a -. ....,wi 4 liaseai at tim ..i , : "iai 11 leawiu-ie.lair ..; i a 0 a IU ae U31 ... alV, t: auai ctkS' . j i Caw ( 117 (.ma kf M is KM a r I. a '.. lit te ! 71. ., ,s I 4 s ....iluvxt, C 1 PI k 1MM 4 . I . a twe ,, HU (, i Ml. L 4a s rj i H k 0 A St P a . . K W ait 4a,lula Iai A4 eaa ;inS jKH.e 4 I ar V s S7S 4JSi et ail 4a..i 4 erf se euT , ,, 7 47 M ii 4S l.l 4e ....i Mia, eo tea t M s S L let rtf 4ai aa ee 4e re J U lo, ' 1 nt .""m, 44-- , - . le-- i 4a c.t rff rr d 4 S7S 1K9 S 4Se .7TTr&"S,r4'i sa ctf ... rt 47s faa 4 ear A e 4a llriS d 4 laid eif . da b 4a 1M4 dee 4s UM4 rtf do C at Bet for 47 7 1 47 47 aa at Is w-- .! . ex ( Suit, IMS, III Si li-- 1 rea er! a 4a kfaO aiv I "J ' ...IO T""a " r" "g 10 aS I I t f It i Trr per 4e 1 J J. I'i "J1 " . f s xs le j $650,000 i 102SliXS L vi S im, . .,F Totad lot s I M V2 ,108 X4 13 M Si STS 43 !(. 107 XS 100 41 S loss 6 X2 1 1 MS MSl " X2S M' I"V .HMS V MJ gd 1st 7s' Sumpter Valley Railway Co. 104 1 Sa"a 1'aj Texark 9 S TaxLa arasaPacI Malala e.ae . . lot I IStw Zuus. x X2S M I lOtS . TSS ,' ,,t lS,luii OSl MSI " ' s ll. if C S.1 S ' I A luuiai .' iwAIUtW; 'i "' ;1I4 I' , xl Si fluls lu") Si ae ee I v is h !' ......... i a. tsa a x 4 ... 'S 474S 7 7 a 1 j n!'a.KiaUU . aW ..I 4 fa a ( 7s. ! SoataoM Sail T ' STj i a Siaadwd Milt Sa.. I" 1. xiS a UMSl aj'ia-bel Te fa ear C. l' S tir7a IOTS1 w ; ftevaau iletal C a t Si SI iv-- aa tr e eat II 'x't IMITrall... f aaa t ..... Iltti, l!V a I l.luV, ui m avta, , (Mik, tTt, j aa i ee i te I 1 aai uS IV1 4a , M it 0 First Mortgage Serial Gold Bonds 1X21 19 80 f pi 6 aar A.l.eiSi 4S i X2 xa-s- j 8Sj1 87 adj aa M A ..l VT I Tol Tree rT xl HS at e B ear 4a ,. aus xss wis: SI do 4s fffs CM I 4 Tromkall Stl M ts l"S llMOj ll i'ae let ee aar 1 107s IOI s X4S r S dlrw 41 'i' iwu i 4'4 W I 80 later a ul ea 6 ill l J X4S at Cat a ....IUiS,101S 1UO 1"S v S is ... IMS I t d rff 6e 1K45 ...UK) ,,, XlUS d PAYMENT PRINCIPAL AND INTEREST UNCONDITIONALLY GUARANs s lo4 . I4S ni'a I iz ix H tfe4ioo 102 US I aa " a 7S.xlOS f da lat ia 'Hit",'., l.r. 100 101 lo liois I02S r ij xi I mv. d ara 4 m ..I luu! Kit n4. da rf as I KY IMU! VS loS I 4 101 d 101 TEED ref ENDORSEilENT ... lust QP TKE DAVID ECCLES COMPANY, 100; Mvuiia m v aew aa iwv i im . i w 104 101 C OU f lUI tm.... loeSjlo 14 ils.x4i4 Moot f as aar A.,lisi S da 4S 1HI7 .... inS Si x JW4 1U1 4 lO t'TTesTtT I mm w 0 )e oa fn 4e MuatrTeel.iIlllJ. S Caioa Pae aa loss 101 103 vl a M SSl M I ... . IMS " XS 74 X2 d lat M ctf ... W beliif lessened, but that in aom Chle By ft. S 7S'x 2S lr-r:1 Due SeriaDy 1929 to 1942. Dsted 1927: da X2 1 o 4 let I IM Boad I x dVsree it atlll hold. It la alio to. be C H I a Fae fa 4 a MSI I MS 10O M hth'x as iS 1 M M7 ea rrf In mind that after all tha rlae uody rry xs H7SI tnsix 4 81 M da ref 4 83S kpt J.. amh a that 6a . .;10I 100 In tha feneral market d urine !52, 0 at p m a 0 rea da mt, 102 '4 nSi ,100 v4 Tatted Drag e .... 1T:1U8 107 xS CI to 4s atpdl do. da oa 41 7 per etnt, repraaenta a Imrfer spec- xl iint PURPOSE 01" ISSUE: 104 Mi 4 X IS Paei Oa rlted flolSJ'rc iS 0 .. T S IS ta 1UI VS M M HT4 IUXS Hate x3S 9 a l ix BYRON on SELLER. ulatlva L 77 74 lo St 4a. . T xt Rya af any security By quality X2 SHS . V S Bab TS 108 106 18av. vi Decembir did It BiS'X s than laat lot Bait January. Lak Copyrls-ntTribune) CM v"i 127, us'ser'6' in 100 "US X 1 ...1867 vi max sl Proceeds from the sale 'of these bonds used to refund an equal amount K4 do tm Ni 8ft xtS do 9s etfs .... .nd 22 14 NEW YORK Jan. I. th year anda v2H fj llt'.4 107 108 106 Steel xl f llS,x 4 1MTT of bonds do 44s aer A . ii WSS has has retired during the last The a 1927. 27 16 16 v 1, X IMS cornpany 104 to tm. Storaa maturing January I Cat 7S eonflnad XlS lot lot Blty with lnvtment Intereat 0 J W Ind SS' IMS jloo do 4a-- 1MS1 21 " Ai 22 101) vS IS BONDS t ub Lt 4 Tree te. MS BUS 83 x IMS I 3H National of bonds to be refunded ao a . Tub 6 two (roup ao far aa fixed rat In 104 years 101 twenty (exclusive 103 X2 7 ix. S January 1, 1927) S7S 81 ta X2 t 87 M M ae. Pew Lt N nil lop e d. 100 x 87 terest-fceari1I0S 104S ZH N Bog k K 6., securities sr Ctlra Gaa A Blee t 101 100 102S 12 NBW TORK. Jai. 1 rnllewinf ta a tin Oss mately $260,000 par value of its original .funded indebtedness. B T A T 6 ga S 103 XI 100 10s lOSs'ltriS'lOtSiv eras S rr United table ef traaaarrtoea ta bnada oa th New Thaaa are first do 6s . . limtil min 'uhu do f 4 u aer R K. M 13 22 xllS 4S mmmi ja vj .1 O Pu Eirbaace anrlo the year HM. s &a ctfi-mr jkt as. M4 HI ia 8'ates aovernment obligation, and. ItTorfiveStork 100 Tcrtleat 80 vtS sag Te. .. ISO th rasfe of piiraa sad tarlaaea set C .C at 1 M L rfg 87 i x4 t M tt 1947 ? Car ..f I Put Cftaasaa from th preview year .for fend cb forclxn dolla bond, v .ft. 1XA Ca.a .... . X4 M M ...lints intS'tao4iv 4 SECURITY; 10. ctf .. Or Tl m 4 ... II id l 84 thM two claase th market luted- pnor le Jaauary 1. 87 X4 V4 ft44a.il IA 7 40 act d a, ; t. ailaoa.) piu.u S4:i Si a. SOT ts..fl(-,;iT r5il V ft Pow lOO bu duIL v' 'kaa bora do xea 4a : so .1X3 ( do loe B.A These "bonds cwnstitrrte a irst closed mortgage n S5.55 mUeS a 4s wv M'.4t I2T4 va By railroad, to-a a w let fia.,. 87 U'llli t4 Clev H Una do . ii".- j r ta Taktnf up (overnmnt laaue flrat, V. ft 8 un M. vi xt ,...iloo ii iu New 103 vl vt By t MSilOtl Cler V Tens now owned or nereaiter C Br Uherly 4V I MSl witn 1)7 etc., S . mid ifiia i. i.su M stock, getner xl v buudings, roiling T8 4a. Wabask 104 101 Braotlciiliy all th actlv deecrlptlnnt equipment, rff 101 .2SI log .... M Al do ta .i ioi. si. ii I83 liuo I vAir .B crtao ilu3'loo 101 X74 da 2nd Ss lirnv IIM z X. 102 M I 111 de tS ref . : Llbwtle and treaaurr bonda alike 101.11 9,1I;!00 20 It. ' Cola 7VJ M quired. representing a present appraised value of 41,943,171.95. 'A. value of IT7S x 74 a. I'm 10BS;107S 'shea Term 4a.. 92 83 1 v?3 S3 fldO.lS 1OI.15 1O0 Cola, Isdnst ba ... I aa 1 uii a,k d fcave eold thla week at Oie beat price - d e let 4a rff Imp 'xi' e..107 B C 4 iui.iuri Walworth 90 100.12 W.art'KIO 4e rag Colo let approximatdly $3000 for each $1000 of bonds to be issued. W So do . 4a Oca rff 4S 7 for th 18K4,. JS MS ef tha year, and, Si treaaury 84S M da a ; 81 97 M it Warner do 2a it a . . . 100. til v an too. I x .S do rfg lat 4 ...J do eo ao. 4 2 MS 80 v MS,X bonda, at tha beat prloea for all time. Ta x44 ao JtBd HW.4 99.7H x (afar .1 rft; u ref .. 1st de A loi ts 00 rff s MS 83 Imp M X8 wsiv H do Tha whole (roup SS 80 80 xllS working toward 4aiI S3 I ao lit IV2.H 101. 21 liri.JolT .. da ts sts 101 eos os!v rff 80 X3 1 aa 7s 1M1 100 cant yield baala, and that 91 X2 78 Com Csbla 4 to 1st ( ret 103 .inl,ijioS.2ix.l 2 l 0 L I tl tr tS) 81S 77S, 76 EARNINGS: 80 Tt. S3 Ix Waab Water Paw ta iue 102 Ist-S1"2 ' th y per department will he alila da It t. vl 1102.1(1101.4 lifrj.in x .29 earn Credit u ... ,.. M 1 t L a It nn st inns u 102 102 W xl Peas Paw to float tha next l"if term loan on do 13 4vls res'ioo. t,ioo. ifrion.ls!...,. da SSa. do- -6 M : .-Vf ens A t 08 w MV f.j.vj 111' ser ............ loifafifttT' frorf x?5 term mor favorf bla Jlo tba if.lK ComwIUi Pow s ., 10BS 10214 104 ;t lin;ntlO.1S;ini. tsit w 1 Net earnings for the past four years and ten months applicable to interest (after ..H1111 M 104 103 da S 99T4 1IX) 4 '100. 2iHI0. 11 1110.81 1. 0mp As Tiaraq 7Hs 1"7 los 17 i 2 si"inent fnan at ajiy tlra aim the flrat do Sed 4"S ref a I Ci-- Hy 6a.. iio do Sa aar ft 1942.. was. 8V 100 v?4 i . . . Ilim. IS no. 2.--. 101. IB il.l Coxa Rr a Lt 4Ua 100jl03 war aoid admit of do Snl Federal 7 (W oo liberty 1 !a ' taxes, depreciation, etc., but before bond interest) were at the rate of 4saa 87 44vtl2 t T V 82 M Coal A Coka 13 ef Srd 4K HU M too. ia iot.12 .18 0 Coal Md 6 ... . . no doubt. WV4 12 x3-Ss I860 81 lxk Co 4a. 118M 81 86 14 ft i da 4ih 4Sis ilos.ll 101.29 108.12 xl.14 Con Oas of N T $84,863.89 ara to ba drawn per year, or mora than 2.17 times maximum interest requirements Two Inferenoe T M rff 114 116 Wester Ble t ... 108 100 101 v H i4s nous In thla I daS 4th 44 reg i 101. 101.3,lO. Tl do t from th dlaplay of trena-t1944 ... 1044 11a 41lOSik xivi W Ky 11 The 1926 earnings are reported substantially in excess 7 this bond issue. under 1944. 102 100 si 101s ow fa ...lioavll l04(inii'x Own vS iHrZ j f 7S!I02 one of tha bank that W them, 77 quarter; 77 M v lid 4 lflO.JS'lOi.i M4SM ... Y.'iuwa Kitrm Beai aal . rio" expectatlivn Jiav 192a. y the VP If "T a of utiy lmpor- -' Ql 88 - 8 ItJ.SO era wilum s l sol. lino V2 824 88 year da 4 144-S- 4 .. ts lna.l llH.t "gea it 12.2 bo M do rot tm . 103 104 w pae a aar ft. tant hardening of money ratea, and th 108 iu . IOS.24 lOH.iei 102 103 do 4 re to 22! uuaa u ring deb gsilttt vS OAS 12 2S! T Or L Sa.'. B 94 do 1st other that a th aupply of th Unit- - do 4(4 X61 fioa.s llOS.ls'il.zx v2'a MS SaO Tt.... ort iooiiiss '7S, .V Y N H A H crt S heS SS xa . act State 1IS'110 111 Wait Laloa a ref Csh Co a 1MJ.... aoruiittea la diminlahed Mlift2 jlO8,Ilo,i410,H ta iota loss x5 10 T14 108 da cl tr Sa . 101 xl Cuba N By a through debt retirement hither price 100 92 100 loesjioos do co. tr se 1M40, 103 x74 BONDS. M d (XIRPORAT10S B 109 eat X2 lux Oiba 4Ss BR rfg 7Sa A 110 Tins MS M for obllgmtlona remaining outatand-Ui- 7 xH 1.12 I Hid., do deb 4a l x El ktfg Ta 107 104 104 do 6a xl 7S ft XM WttBfk ara aaaured by tha demand from M IMS x6'4 Hlf h. Low . ICIaeTl Chf . Catian-A.lo deb 4a 1067 .. 70 X7 60 9 weat a Dora e ... 87 83 v2 87 eol f oS 1WSU07S X3 ' corporation which find them the Ailaais Kir rol tr s "S 5 MATURING SERIALLY 1929 to 1942. do deb-19B4. 711 W a L WSix 4S Onb Domln Siif .... 80 VS 80 87 0 18 ',a 14 m ia. n. XT loo Huf 7Ss rnoet convenient media for iille fund do crdj load. coa 4 do Aiax Hub fold He ..107 iois ins x 89 9 T9 17 Ha Cumber v5 si A SI T T 102 S v inns For thla laat purooee no aubatitute Aner Air t hem 7S.s U N Y 0 A W I rf 4al xl4 i Whit 7 X8 lonSi1' Sewing Mack 9 Fruit 40) MS vx la In In every balance aheet, fo gta 4 TX 101 ' 82 rk I I deb e 103 MSllolS'x tS (vyamel M 73 Corp Del A Hod 7 X8S ...X2T4 24 V By ia ta IM661 17 (rI .104 S .liXHailOVSla rash and government bonda are, for Am Vach at rdy W wire Spaa 4 X6 S liKHi:io2sfi(i3 TS "Aai ,..lt7 X 1 All pruvtlcei purpoaea, MU 81 T H . SO Kep Corp deb 4ei i. "IS St ...... ft 70 80 vM CTt f da ayiKmytrrOU. to 122SIHMS 4 lit 1 niaie n 4141. ASV 48 do cvt T ........ JVth convey th earn Idea to tha aner II smelt s .. HIV HIT 10741 64 da rf 4 44 I 88SI 40 vis WllkM-BreaIU U M Y Hiram ea .... .... 11)14 de 100 loos B ind of tba analyst. 106 102 Deav Oa A El lat 8 TOSI 84 1st 73 12 rtS X T B Am Aug Rtf fa ,. W sea K. mi. nil 72. tnes 103 104T4 . . 103 s IOI S 101 Willys-Ow- l x X8 WE RE COMMEND THESE BONDS FOR INVESTMENT. 74 rfg 6 04 U. S BONDS IN OWN CLASS. MS xfi DeaT M Am Tel Tel tt it Trm Sal an KMS 10S loss Wllaoa a C 1st 8. 102 V2 de 64 stod ..... XX ws do oe eol 1V4S . . xias x H4 Dear A a O 107IS 100'4 tiw Thl view of th matter, namely, s W Inch U08 ct Ann ll 184j1iimiui 1 jr'.t.rff St I0O v3S oi3ios tot 14 Imp 101 da f a ItHM .. o 7S lot s 87 ivaa . . Illiaiioo 110 that government bond for temporary v2 80S 82 fea ....i to XS US '1 8 ... x IS do 17 H MS o 4 s a D dlv. . . 80 do coa 4s Investment ara In a elaaa by thrm-aetve- a, Amdo eol 4s .... V2 '" WIS xiS 87S S5HJ HIS X5 i As 140 Y H Ti A W ins ad D Type S. A 4U..I 103 t 101 104 B :ios X8 la oonf irmed by th fact that Am w w v? 78J Toanpta Wur a .. M Pr ..loe!l04i IU 62 7S thera ha -been no overflow of de- Am Wrtt FtpEl .. ws ft 6 x54 Nlag.Faii POREION 44 ill'i O Pr fit ii)53 as 43 IRSl'BS, D O Derr Cera 7a.. Ml I, mand Into high . grade . corporation Tt TV 41 S 60S xllS D Edltoa do s rtfs aer A . ' Unit I oa inos ,xl Mont Stl 7 and Alpla lat or a Aii-ndterm. abort If anybonda, long 10'--' S x Horf A Cop 7 1S38 113 Wdt sa.IRn 19S9 crt a 82 B 88? er ios 107 rff 107 854 xlH iniSixl2 104 da oa IhSS .. . I thing, theee have lagged behind th IMS 101 S 104 x da eol 6s 10X3.,.. 1U3 93 ' M K)0 (K Arfentla 7t 1927 ,. M X3 M 1IMI x2 ion x2 Feat of th market. Aaite Dull l4s 108 10S do dlrl 4 r.s 1W40.. . 104 100 xll MV-Ms aer da S4U do M rff vl SALT LAKE CITY., a., 12 IV N M a PORTLAND, OREGON. Ckll Anflo M Ts th do pooilo24 bank not A 4 He Corp aavlng 1901 aer B . . IUO I,vn da do j NW PocCacdlr M M ear V2 81 Jk.. 104 IHI 100 M 102 -MS x2J ii' rear ass aaa a im e have been afrv de a aft ISA ia 108- 7S IMOflOS M tf tVM :. : & (10t 100 103 X3S Ho Am t M t4 m re 11 02 ms: ef tha flrat mortgag rail. purchaser Thla may Datrolt B TsaitSt. M 100 6 1944) Oct da ff 7 103 7 106 X2 -lot Xl MS r K da Bat .. Sand x 4S KS S 9 art sffsred subjscl to Ugsllty and dllvry be explainable on tha ground that the Aaaa a t s . IS Iet Ca By 4 St ... M In) da m 1843 MS 80 108 101 104 It s ... 124 ions 102 S 102S X S Dadr Bra deb do af 6a Temp 1900 M 87 97 ta 0 T A L pievaiilng yield of the moat aeaaoned A T Oil 8 rrt ef A. M 82 xt M re fa 4 information has been obtained from rellabl sources, and, while not tuaranteed, Is believed H2S X above Tb ret M i960 87 8S Aoarralla aocurltica of thla type is only around 81 v into it 86 t onto S7SJ 0 MS ... 87 88 ti N P aer B MS xs da ad) 4a 87S!x Paid ae Park Sa 1 AnatrUa ftd Ta 1943 103 100 101 v wi per cent and that further ln- 114 108 SOS il6 113 X4 do adj 4a stp ..i bp us to b accurst. MS 17SIX ZS llomla 1 8 Lid Ke 2 Belfian sa 1941 .... 108S 10o log no rll vestment In thl group would not be de ref Imp ts C 104 vS do 4 Okla dlv ... 100 X4 HS x IS IJonner Steel rfx 7a PS S 7 1946 do 111 2 M vl lie XI a rff imp Si D 1084 M HIS I liiiif, profitable If th movement, not yet Atl Coast Mae Ta . 107 104 los v IX Duooeane Lif kt ,tr. . 107 14 19SS Ta 102 81 , do 102 KM do but attracting wide ., de an 4Sa M 87 M MS x do 6S s 149 87 do 100 ss feneral, raise 104 M 100 v8 do pr lien 4 81 the rat of Intereat. on A da h--1st sold 4a ... to 92 es 81 IXS 4S i IS B Cabs tttif 7Hs.... 108 185S 82 do 81 ' 103 2 m 107 12 ft K da 41 el bank 0 B0 X fen la tr 214 S3 to ba Jua44 saving deposit Elkhors Coal Cor SU, 100 j 8 43 111 1943 .... VM. Berfea X8 112S Mj S N Bt Pow 84 er B. 106 78 104 104 S vi nonas re- Atl dt Da i,t 4a tos t 2S Bmplre 0 P 7St. 100 1101 I IMS Panama EH 18.18.. ins i(TH!i4 mifu. in ocat 102 M da 8 IMS 9 (a 1983 87 Jip lad Bnk 8 1927 100'i 994110014 100S vl vt14 6 do 4s 2nd ..... 5 . . A er , X 7lj .da 101 turn lees than th municipal 87 74S 10O X2 100S 92till Piullat Kr Ts 1941. 102 a I960 .... 98 Berlin t Sol.acma 8 19.18 corresponding rail91 loom wij 07 S MS MS VlO Japangter La a4s 1934.. 814 01 VS'T, 7a Culf 4 W I S A L 0 4., ASH Ofdnbf T2 7i taikl Hl'A XH 1031. 4 road issues and eo they, too, are not Atl 90 8 Peruvlaa sa 83 1944... 104. Boeota vs4 198 WS M 1946 twedltk ta vn a... ... 10H lit, 10814 108H 1084 vl En ltt ee est Ts! 104 IMS 107I v4 AM Bef deb s ... ;.iBlins 101 10214 P S Oiiio 7 100 117 v S Wka 110414! do H v4 1840 10O Jar tl. 47.. lit .... TH 112 116 X2 available If aavtngs banks wish to Atl A Boliviaa tm 184T.... 10S ,T 1004 do 814 1854 M 106 as pr Hen 4s.,,,. .K2 v8 iimh 101 H JOSIfla Tlv4 74 Ts xt lat 4a IH 7S 2Slx tS KH114 80 119 Poltaa as luW 84 SI l2 110 lit 911V V4 x 9.1 Bordeaex tta 1934... MS t Lelpxlf (f11 rrt1 47. 101 owls Cos 8 1940.. 117!4 11s 11814 v3 4 da fe Ilea Am. . . . 74 wcreaae) their Incoma for th bane-f- it Hsldwta Yadata 4 73 107 S 102 S loss x 1 Loro Be I Ohio Rir Ed 6 . . Pow Ao do ta 1040 X3 106 774: sow Tlt4 do t4a I94f Braxtllaa 8a 1941... 105 100 S 104S v2ill Low eo crt 4s aer A. 7H of depositor. 10214 10s 109 lots WIS 7 711 1 O a !"- ' . Bait tt 110 -l 102H 102S 80 v Old Bea CI O ft ctfal 87 S Porta Aletr 8a 1984; IOS 82HI 108 1103 1932 do ss 81 94:I081 V2V Toko El Paw 7 1946 98 ; do crt 4a aar B... 8AS 7SS 78' 1111 Tha only conclusion Is that larger ' itua (106 xl 8014 V7i d erff Oa IBM 109 104 Ont Pew A ! P S. . . 103 loss Prafoe TJj 1962... '4Hf 82ttjt0S vll e temp 1907.1 90 da 87 do s ret 1929 iLvaa St 1934 .., 80 101 88 9SS 81 da crt 4 err 1).. MS 73 S M! x !4 91 4 xl 80S Sums ai being placed In real estate si!no4 do rff ft X 1 loon MS T 1941 111 Ont Transit 6s 1414 110 L Tot 101 1034 81 gneenald8t Preach ..1108 Ca 28 03 .8 98 6 6 100 1943... I05 vT H Marartllr 9S"4lvlO4 x Krte-OeMS 5m iw a do D .... , B BR if in fart, as It stands to. ions rtsjioos 1947 do IS Ore A ('si 1st Sa ... 1941 .... 104 ta!11110iii de T TO 14 Mellna vs Ill) HMtrilHH 12 la Tot 10 Cltr t 19.13. T7 87H 82Sil04 100 100 75 V4 email.... 8S v'4 do lat Be Jer lat f 41 day, the real estate mortgage make 102S loss x IS ftrla 111 Bhlnelb lions IllSlUit x .7a 104... Hi TrdooJ-No- r do 7 1849 .......I 99 Or Ry A N coo 4. . . 82 sn atm 1i 88 14 100 82 da A assd- ....... tWH 34ii 44V, s2t4 v 89 a 4l 1944 101 do ts etfs g W dlvtioss m mora lavorabi comparison In point col tr 4a. va xlS 101 x t T M ao BS Ts 49 94 xl Nat 7 8SH s Preack sm 1910 22 8 coa war...l!9H 4s sssd l4t SO 107 ts h da I4"4 S4K 23H 104 untfiisraa 19SO. 107 S X2 94H l4t.. 1I do crt 4S. Padersl I,t 4 . of yield with aorporate seeuritle ts . X . C. X Bk Ta I960! lot J.7S, f do tt rets 101 Ser 1910 lar aaad 84 V 24H 274 4 4 ;.....:.-- . M 4s Rain 7 Hal r7 et da UO7H(10B48SJ41 IU 34 1024 siii. 11 x".1 do Mjios 4a fold MS MS 10S 100 10314 ttpd 1M than at any tlm during tha paat do 4e P h A eV MS WS 4 X t tOHU. vll 84 Maateridee 7s 19i2. 1021,! 95 101 W B B A N 4s... 74 Copes ft 19371 9T 90 W w I'MlTa! t5'4 Bhlo Wet 7a 19.10. 108 iaa ia 1941107 10100 tllM 83 M do oa aer B 1964, 63 xS oer xt O Blee 7 1943 104 Earick 8s year. f 9t 1972. 1( 814 Klma Steel 4s 1056. Netaerlcida , . ... 7141 89 V8 88 94 Pte Coast 1st 8 ... M vt W Va dlr ... .. fed I.t A Trie 6a. D7- IS 2S 14 (Jer00 1 MS MS 9H S war. 1954 1041 e M MS l4U da Bio Ts 104 48 de 754 A Ill) At HIGH YIELD ATTRACTION. C Pae Bee lit do 4e T ta 0 100 jas dlv 12 ITSl 100 S2S 1 82S x 7S rd X.rtala rvt 7t. T 84 VS VI do 1 wltboat wrllOO M Nord Kt mt d Ha 1948 t SO. VI nejios T74 SS 108 v( 97 103 'vi" Pse of lie 1st est 4a 84 VISIT PROVO CHAMBIR. 81 98 Tha buying of foreign bonds has Btmsdall Corp Ss etf IOI M MS v SS Plat n libber 8a ... ie4iU3H 11S X2 xl4 Oood Hoe 7 ctf 43: IUO 3 M 1943.. 102 lnoiom Vl Rl Or do Sal 8a 48. 104 Nenreeiin 984 104 vt Fas Pali 1st ref Ss. 101 S M naldtnf Ilemwr fla . 100 M rior O 6 1974... 100 99 1 twil to Tha Trlbaa. S M iron on with quit mo-ttv- o. 102 18r4 xl Or 8 101 100 I 1944 ....... different 6 VI 107 MS da Rotterdam Se 1984 ion 11084 imm net, s Bell T of Pa .lit A .... 1837 102 101 102 4S Pc TATS xl Mix-441 1 SALINA. M Jsn. 1. Dr. C. To v.r--. 80 Her tba attraction- hat ben xin) 9H 8S 00 Gt Coa P Jap I 10114 vH 8 Paul ottr 8a 19.12 109 "4 looHiioaa; V8' da 8 184.1 ....... 102 oa a .... ... 104 I0O44 108 do ret I 19(12... 102 ns 12 1 14 Paoda, ee 1 A O 4S eo EeS S3 X3 Mt4ll01 04 not only tha high yield whli-OreeX 7 194 84S 84 and Dr. A. J. da SS 1903 984 V3H ' s Panio Ptale 8 to. 108 1014il0014 v2'4 Pill, mayor of Sallna, 94 93 thee do 6a O Psa-AA T 7.. 107 tons! 104 X IS Pt W A It I O 1st 4n 101 0S P 7 911 lots ... 1 dnira-lat- . 80 I local 1M2, Haltlaa Lewis, 8RV 944 T914 XlS Ltd 8 tS. lOt106 WIS V3 attended firteat do 8 19.KI a ana. 11114 10214 11614 aimoat uniformly glva, but Beth 111 ens ti a 103 V2t Oea lAephlt Se lMJv.illl) 101 Six do 112 T ws 106 X4 104 I 7 112 4 1113 1930. CH Heidelbf 8e 7 19AS... vtX IOIH4 cial I04il0U do Oslo business 100 tn apculatlvs possibilities. vs vl4 loyi cham In ao con as 7 metlnf of-t- ha Oea Elae IS 3 94 Par Bdwy Corp S t7S 47 93 M Un in Pari-I- T 94 Med T te- 9ft bj 8754 88 xi TSI 97 iBsioo Pub Work 7al Tl.llt 01 commerce at rrovo Iviureday. ber d arfg ts ... 84 1111 Oea 1 wora, it oas not been a purelyothr 6 Petrol in 1840, M lot 101 103 Park 1M4 M a 195S ...... 8714, T3M 87 V, Til i, all Hnnf 194S .. M 103 ctft., at, Til 101H of their waa t visit do p b lis 1M vestment movement. That thl Is the purpota 8i MS MS X S Ilea Refractor 8s ... 105 ioo urn X1 i 98 Penn.ft H 7t 11)30... 108 10 Jtrle-Or- l 108 do Manic 7 sew 71 1942 Bit aif T 84 98 98 viia stliriii!ta Interest In thtj tourist tnivsl caa is abundantly proved by th way Bop risherles s .lino Car A North ta. 1110 76 T2 09 .... 1 M Ts 1961 III de gold s ..... 113 iw BS I OBHlTlIH ItallsB 111 1994 112 81ov 9SS Serb. of Boats Y Croat, A 4al southern Utah. B AN Oeodrlck I, HO P T2S 107 I" HK) jii wmcn rrencn ecunues have taken Bot Coa Mill III so fis 8s 1908.... 108 x2!4 80S OS v 4S Ooodyr T A ft 8a tl 112 look now trie vvnetner the French finan- oner xiiii os . S MS IU1 do S 1964 102 oo ea jvat 11 f IV cial iaa. x attuation has cleared up suffi- Bklya 12a ll I1". coa ....... 102 da Edisoa faa Owld Cbop 1840 84 84 83 v ciently to support th rise In French do fea 4Ss ...... 100 aer A 102 1 CilS A 104 146 x 7t 100 P Uranby loss 137 1.14 u. war nonas uile wK la not th da 4 190S 87 ao oa tt Bklya Maa T B, T a ink Mi; M 10a I 4 lflosiiooii qoestlon. Th point 1 that ther Is Bklya I n a deb IS lflSt12 do 4a IBM Or Res a lad 414a.: 87l 1M 80S T 4 96 ij erreater opportunity ror additional ad4s d do let 6e 1948 nnu T iir Vk By of Caa llBSilHS 115 108S x I vances In tha French list than any- - Boff R p roa 4SJ 104 IS Po O C Chl Sa.. 103MnV M101 oo es 7S 4S X T im li!j;107 A Peo A Sadt 1st 4a. . 87 n n T 1 M Ot m Palls in mi ioreitn group. Power ta. ' i.i lots inositol x u lOlt SiJIB14 W x72 Term Bldf ta 103 do Income 4 ...... . 4T Ot b'ortb 7 r A. 116 110 loo x t Compr th French with th Qer Boah do- coa t x" S2U M de S aer B I'APkl 444 x M ... tor 1974 man, 104 instance. German 7a, th Calif Oa a El 64 aKy Hi;irtwiis, 14xr far Mari d 6a 102S ioo!iot!i nets international loan, selling at 107, are Calif IO4lOl!l03 87jl87 X3 I'hll B A WrefSa aa...., lll'HIBSH07 Pet U ... . lot lossii.nslx 4 two points above th pric at which 9 M 7 Orm , uey Buf MSl MS x- - W Bay A W 4 B cj 23 So v.'.; Pbthr X4 Csnrf MS 22!. they may be called. Th Inveator Camtf 108jl04 Can Nor . f 7s Uulf m a Ma HH da SS 100 114114r ouy uerroan 7 at this- - tlm Y"" do deb B 10S0 ... . U7S 111 117 103 6St los 4 41 St 106 Pklla 12 Head ea ao because th I 1 per-ce101 it so-do 4Sa tHee 6 ... IOO M 1 84 nTiia 8SS' 1 42 return Is attractive to him. The Can Pse deb 4 . . . RflS 80 80 X 4 Hav B By L A P ta. 04 tVal 1H Philippine By 4a . TetwTTiirrj Tear Pierre Arrow le ... HIS xllS buyer of French 7, on th other Can bat B SS 1M0 9S M M x 4 Ileraney Cboe Ha.. fios XX Pierce Oil' deb 8. ..107 103 Itxnd. ha not only eo IDAt , V M th immediate Hock coa 9.1V 4 1st x 0 1 9NSI Bl 9H4 XH Plllabry Pt Mill tallOJS 101S 108 compensation of a 7 per cent yield Csro C A O s . n A m KiQ o MSI 81 10s 101 108 x 87. 11 1 anil, gea s a., ids 108 rot th chance, if all turn out well, Cent Diet Tel f Hud C Gta ta .. 103 S 100! HB s 13 loss 10a. do 6 fter B 1876.. 108 G Cent 107 ef 6 Cf flva points, ., M r Sa sr A tS or thereabout, addiloss 102 tiv Hud A 8S i.i Pt Ar C A D e A ..1(I6 da SS 106 102 oa ma) 10c tjt.... --4 S 1 tional profit abov th sinking fund Cent KHSIx 10s 18 TM !,ea ct row s 1947; lot 100 Humb oil 4 Rf ( I'O lt48!io;i ion rail price. I 1 XI Coat bew Knf ta ..I 7814 Port Uea Kite 6 100 104 10n 7SS ilflu III Bell Tel 6s loiv X2 Dated 1, 1527 HIQHEST IN HISTORY. 6 Dae Portland 1880 veil acme 08 , .1113 87 lOlNlt 1 Ill 1ntral 94 1957 111S111 114 S P Hy LAPftplat a do lat fid 4 ....I ? a 6S ..... French T Ia sold this week higher 100 lo Si 101 lira s pi 1 I. "x n aia 87 ! M d 6s NOT REDEEMABLE do M IMS lhan ever befor In their history, 91 BEFORE 1IM 1537 11 JANUARY 1, and 'SI... loSil'o N J 6 ..111.1 R R rest ln 13 da rfg 4 16.1 Port B Aa Tob ta M tm a lower yield basis than any other 8 9l III 1 ea ... xS Pressed " 4 col tr 4a 1D6J. 8S ,i 4 1 J 3 118 Ixl t Car 6 . . hXtT 881 X4 J"V?lry 1 8uad July i at anv FadaraJ Lmni Bank or F.derai Raaarv. Bank. Principal ptyabla se th C IILi at NO IU 18M lot P I Ki A 4 6 - "" 104 rff te aer A. 102 4 rains i incarcaarviaaDiei tn aenominatlon of aiu.txx. Bi.ofio. si iwi 1944 12 t4 El Pow ta. Electric Ill dtaal deb 500, 100 and f40. at 100 and lntarsat at any tlm on or after January l,'l937. 84l 87V X.1 Pnh Set 1084 im steel sa 102 7 Alrtr aof 111 ,. xiS lod C Ry fea Sa a Power 414 .. Keadlof fan MS tj KckKof.M rol 4 .. Inland Brl SS 1946. 101; 9.H,iiu 924 Tfc & 2i ... '",iltS:loi S rfrrm Cottrt af th Untied Stat ruu tfte coiuti faitiottalify ef the Act cnatinw laaplr Cop 6 Ram Anna aH A.. Iaterb ft Trao 7. l!) 84Vjl14 On Battka ani exempting the Bondg rtwit upkttd i9S tuo I B m . ... 97; iwak. ai FsdWat, State, municipal and local taxatioZ ee 81 o4 JPreferreti,- st tkHS do 8 1940 af IOII4I 14 de rfx t 82 78 rio Rio Or W lat 4 . . 91 do ref S do wt tr 4 14. . t Axricul cot Sa,. 80Vj.t2 H MtS M x2 s 9177.IU M letter of 41 x 44, 1S la ' ' NEW YQRK llS " u fe is ltn Obligations Attractive. a ;X4) lo;los ... auus mo r dlr ta... us io,iu;ioiiJ 4j 'Ml,';iou t Mt ...liaii will$ t... 1. Vs ws fl a.. ta tf f f. !a I cvrn ts at rf Jsn. l, t. .. ' 4s v. Or ll ?.""". ss rtlptlt, (lUtr . ,.i 4a "4i fe is f. 41 NXGILHatP t r Vi in; s iht Is 4a ii 7l iiwji'V lit ?ft liS PRICE TO YIELD 6.15 i ui as Mil01 T. BTe Edward L. Burton & Co. Lumbermens Trust Co. ts ts Bd.. 1. l'S 4s Is "S ti 33 ts is 7a Mvll It I ... iS vi tiS n 1,.. Ctl .... a ntitsis lS Ii i" Tt 4s new Issue 5J t a Exempt from Federal, State, Municipal and Local Taxation 6s ts -- us ii!ia 4a t d 8!l Central Control Provides Experienced Supervision El-tr- ng sav-lnt- w ApprtrxfmsUly M of mm ssmteg f th AMlats Systint rlv) from tb sals af Jitri rrnt. AMoHxtaa Oas A netrt rnmpajty t Cnmnattlv Preferred Htork (ouertarir dividend) I offered at ISS.60 per . a viv ruvrumnaaiioa. v . m. rr SALT lJUtE CITY Wasatch 0041 80 S1 tOfll i-- '! 0a Kan A El Oe 1U Kaymr 1 lat 7s. lit) Keith B P A. 804 Kellr4ll Tlra Sa ins Oeatral 8 4 Keacky km a c cvt 7tli07 Kreafa fd 102 Lack Steel Sa 18A0.. 100 la G St L SSa.. 10s lit Sa 101 t. 8 A M 8 deb 4a 28 99 a fold 4t M OO Bcason rcxx Rpss BEASON BUILDING 81 V2S lat Gt Nor dl Sa. 88 m MS 112 do let a 102 107: x2 1('S tot Mar star af a 9l w ni lat Paper rff 8 A. 100 M 12 a crt 6 as a.. v fn X2 97 Si lot Rrt ef O Amr 81 74 70 vx Int T A T rv 6 4s lll K77 S KW S v Iowa Cant Tat Sa de ctf 6 1838. 63 v0 4S 64 do rfx 4a 3 13 10 V8 Jameetwa P A 0 4a 81 S 91 x2 Koa a Mirk tad ta 101 W JlODS v4 Mtm ta 11)3 101J01 1S do 4 93 X3 SOS 92 C 1 II 100 (a c aI,W 4Se.I h 104 MS 99S V2 S iiiiin;t90 xos k c loethera Sa. 99 de lit t 78 72 73 v K C Tana lat 4 88 80 XS . Tha various propartU of th Assnctafed Oa Company wr operated profiuhly Individual They hav shown even mora aubaLanUal aanilnga enterprise. alnr loin--Ith Associated Rylm. Thl reflecta th many advaa. tag tha company haa been able to provide, iruch as xpert op rating maiucoment, angineertng staffa for tpenr'd construction work, rentrailxed offic tmsla credit to ftnsnra Improvciuaiit or tnainnpersonnel, of factlltlaa and on purcbaae through diaroum en order, all of which aceru dircly to tha Uuetlt tf larg U operated pro, rtlas and tb sokht4i1r. sr at S awn LeMfk a IU, mi 82 Vtl fa 8003:1oii eeal Sa 193 10a I.Tnoul Crb ctf. .1107 mr I. oea a.f M . f t Llf Myn ... I 87S iotn Ilk!107. M) imM i2 8(1) Wl 101tO1 100 102 M M 102 IOS 101 ino MS M 78 M 7 2 v 104 87 'MS ea....'lin llo,lmi 122 (124IV118 T 994 108 Sa 1034 I J deS...4...4..!1m .linov, 97. 9H ta IM7 ... ,100 94 98i I, Robk A if 7s. . . Uuoh at ffl T 194. ;U4 do 1948 E I Art j L 4H. Hoter Br lr T. HUAIJ Island lat 4aJ St Jam Kr LKAP ta. a t4 fin lmfrl--1M4 KM U t i... dir.... Pr t ... StUSlRo fea ret 4 Stl, llerrk 8tL Peoria NW t .not 10? 106 StLAMP S'4s J D I0IH4 89iil0ai4 I II M A 1 la aar B. do Be ear C do kilj He d lee Sa -- da p Ill aw Tana do lat 4 do 3d 4 do eoa 4 1I14f aa 101 Hi 1011, ') 8H 9 -- St ta... a fo!4 i Bonds TW Bps tl .... ii do nf 4 184J J ? At th ro,at of tha FideraJ Farm Loan Board in nd on bchtf of tha Fcdaral Land Banks, w offer tbesa Bonds: Price 100 94 1 90 j Mfci. aSM and Interest, to yield over to tha radeemabla data r 180T...ioo;;100!iil03Ti vl ent ; lo;tot'4 t itaarea Raniabl ACCEPTABLE BY TREASURY: Bonds are acceptable by the United -States Treaaury as deposits, including Pctal Savings Funds. "LEGAL FOR TRUST FUNDS: The Federal Farm Loan Act provides that the Bonds shall be lawful investments for all fiduciary and trust funds under the jurisdiction of the United States Govern-eb'gible under the laws of many of the States for investment of all public and , men. They are private fundi and have been held eligible for investment by saviri banks in 37 States. While these Bonda are not Government obh'gations, and aue not guaranteed by the Government, they are the secured obligations of Banks operating under Federal charter with Governmental supervision, on whose board of direction the Government is represented. , t. r eoa . stPsal HIPAKCSktL 414 . StPaul Id Depot Oa. Baa Ant Pub S fla.. v Jlioxjiosvt 84 S44 (KAAAran pas lat 41 Rrtiulro I2 V,a ctfa 8 V4 seaboard A I roa ta. 91 do fold 4 Mpd. . . . 7!4 do adj 6 TS do ref 4a tW Sea All It lor 921 X14 sbarr ram sit . 10!t Stem s I T ft ta W 91" s4 Oil rol Ta. Slarlalr 9 k 8 4 Slnelsir Coa Oil 87 I 9 1444 oa a 9914 10"' ..illta, S3 192 do pur lot vt loeiioov IH "x xl vl i... I 4V4 84H , xS Slarlalr miPipcvt Ua ft) 9414 97 iltHij 1114)19 4 eseuj A.O. 1110 r--a ,1ft-.! 1DVU, rurv Saitk 14 4s 1838 SSt fo 911 93l 904! It 8a Pora B Snf 7a. . ii L.-Hard C Ts . iiai, lir7 S JlTm'll.m'HOH t4 do Ss '10141 ftvifl"H KKS, 1011 102T4 vt so Belt T T L A N Tt Una lion tine"4 vt4 8 Cot Pewar !102tl 871,ilOiil4 do rff SUs .. ... UMU'lom 10SU ltlOU!l(V,tiriTu II CA.1P Ala 8 IMS la ti at rrt f 19S4. .Il02 100 1I0214 oot'iouiiwu,MfHil r! tr I lMl..lioni4:ion4linm4 v do eat 4 1929.... SHVT '4 98. Sa ' $20,000,000 . 4 RaYO lionif iuo uoos I' 92 82 - januaryl, FZf' " " r Bii:iii;1hI si. '- January 4.. Ligu ; 7 : Federal Land Bank 2i sa '1 (1937) and Alex Brown Sl Sons Brown Brothers & Co 4.15 tharcaftsr to radctnption or ssatuHty 4!4 Harris Trust &. Savings Bank ; Lee, Higginson & Co. C The National City Company Guaranty Company of New York Tha atacaataliaml karaia. wail not amruataaat, a i iaoi atloa mat aSvita wtueS ws baliovo ta U 1 |