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Show FACTOR WHICH MAY CAUSE An Independent TEMPORARY INFLATION PERIOD Income DISCUSSED IN BABSON ANALYSIS common labor and thereby tend BY BOG W. BABSON. i " bring about a general Inflation. WELLESLEY HILLS, Him., Oct. 'The tariff bill, which was passed th statement of certain lust month, ia a second cause of infla-Is Whether or not such a, tariff Ranker that the country Is headed1 for tion for the country is a political another period of Inflation, Roger W. good question and is not for the to discus, Baboon today Issued the following but ail students are agreed That it is The largely ft temporary stimulant. same statement, from his statistical offices tariff helps the manufacturer the at Wellpsley Hills: as the Immigration law help the wage But neither the taiff nor For readers who are no), bankers worker. immigration lfcw Increases pro and economists, let me first explain In the or ductlon makes two blades of a simple lanfuags, what Is meant by grow where only one grew before.grass The Inflation. Men who are acquainted tariff will cauee an increase In the Immias Jho goods the same with tbo Babsonehart of business con- price of law will cause an Increase in gration ditions know It Is made up of two wages Increasing prices and Increaslines first a normal line, rperesenting ing wages, however, do not make the any richer. The country bethe permanent growth of the country country comes richer only as It has more grade houses, more bushels, which looks like a simple more tons, and and a second line vWdb looks Itlce The more yard of goods. Marking up the price of goods accomplishes nothing outline of hills and Talleys, This With about a thousand dollars you can line represents temporary today buy a million German marks and neeaconditloxL. For a few years It Is become g millionaire, but you are no HT FKenfSF an normanine the above "The third event that will few years It Is below the normal line bring on the inflation, happened help last When the two lines coincide, business week when Fngland gave in to Turone been has key - fine J the Ergiand great secondthe when but Is normal; country outside of America which has above the normal line, bankers sy we stood for law and order; for th payare having Inflation, while when this ment of debts and sound currency The of Franc and Italy to back up line Is below the normal line, bankers lack England on the Turkish matter has say we are having deflation Just now shaken the confidence of the world in say that we are threatened with Europe and European securities Even thy another period of inflation some Englishmen themselves are say"The nofrfial line of businefts is de- - ing What s the use. If no one will by th. honesty. tntenift.nt , tek us up w. had b,tt,r let nature trmlnd and thrift f the people fon- - take He course' This mean, that Eu Industry, paring lha health of bueine.a w ith the rope Inst.sd of cheeking It, bad 'of a peraon we would say thatipr,, ha given In to them. The Turk-th- e hormaf growth dependa upon how j,h Mrtory Is a victory for the lnfla-w- s behave and how we lake care of tlonlst of The hacking down business 0f EnglandEurope. ureelvaa. The temporary la defeat for the sound tins, however. Is Affected by stimuli money interests of the world. This Is the same as our body. A stimulant bound to have an unfortnnata effect In us, hut we this country and cause higher Interest may greatly exhilarate know the effect t onlv temporary and rates The cheaper Interest rate period is afterwards reaction the very de- in which we hav been entering may pressing we fee! much worse In ex- a temporarily be checked and even money few days This Is the scientific may be scarce for a short time. As ing 1 feel- the Immigration restrictions cause an planation of the common sevare There like the morning after inflation in wages, and the tariff an era! reasons why the bankers may be inflation In prices, so this Turkish in aav4g tha a an inflation in In right of Inflation Is at hand The country ter eat rates These three factors may cause temduring thq past year has been given three dlsttnct which porary Inflation. None of them, how-erstimulants. should artificially help business ard affect the long swings of bust ness which are determined thereby cause Inflation by funda"The first of these stimulant was mental economic law. So far as th we arc-f- n a period the Immigration law passed a year ago end which -- wa recently of years the tendency of wages, prices 4. interest rate will This la known as th- - t- (varaaaL law, down which limits the emigration from anv ward However. It is verv likely that country In one wear to 3 per cent of this tendency has temporarily been the people now here from that countrv checked and we shall probably haVe It is practically a tariff on manual la- ail the of a period of pros bor and on common labor If contin- perjty during the next few month" ued, It will cause a famine of common General business as reflected by the labor In this country. It is the person Index Of the Babsonehart is at the why the United States Steel Corpora- highest point In over two years Activtion and other concerns are Increasing ity this week is but 8 per rent below the wages of common, labor If this normal as compared with 7 per cen law continues very much it beiow last week and 19 per cent below will cause en Inflation In the longer wages 6f a year ago. There Is no royal road ,to wealth. We know of no method that will make you rich quickly. But If you are willing to ovae regulraly a fart proportion of your lacofche and Invest It conservatively you can be perfectly sure that eventually you will possess a si sea Me independis difficult to beent income. wilf-wev- J. immiMiT I j j -- e, ear-mar- fr Invest Safely City 4 t I iearnti U,Flak, alU fl, llet , Except for another threat of bostUltle by the Turks at the end of the week, th news was largely favorable. Renewal of comparatively easy money rates, a general in factory operations, ear loadings within reach of the highest freight movement tn history, higher commodity prices. Indications that the unfilled tonnage of the steel corporation- - would show a substantial increase when th figure are published next wsek all made for ebserful sentiment. The course of the market plainly indicated that the recent reaction waa a correction of s overbought condition, which was shied by n "war scare." In the near ease The volume of trading on the stock market during the past week was the highest ta about four months. This was ths rssutt ot an enlargement of public buying and a msumpttoy ot poet operations, which were largely suspended during the reaction rePred'ctlons that ths new tariff would sult tn higher prices for some commoditise, bore fruit In the announcements during ths week of Increased price for refined sugar and for soma of the products of the American Woolen company. Reports of the federal reserve bank a steady Incrsaso In the demand for rommreclal credit, boms of this nndoubtsd !y la dus to seasonal roqolrements arising out of tbs movement Of crops, but most of the new bills coming Into the local market ere drawn against a wld variety of com mndltls Foreign exchange ra,te fluctuated eon stderably during the week reflecting not only th trend ot events In the user east, but the offerings of a larger volume of cotton snd grain bill and against export shipments a this market. German marks dropped below five cents n hundred en Canadian dollars heavy selling sbrosd. were still sailing at a slight premium Bond It Law lata a. TTtah Watora Bond IMOO MeCaasmoa, Idaho, 0 Wales. lttd itsa work Bead ma Btagkass Caayaa ttsh, 0 Wator wrka 9M00 Bodmoad Vramaga DlatHrl 0 . WM slt Laka City Llfhttaf District istgji Baada . At prfooa to yield from dfeXe Ot .im-- y omb GOVERTMEVT Amoaat Mafaiily of 0 Yield (A boat) , Brtlala, Doaslaloa of Caaada, R. 0 f iPiy. .. 10jxm Argentine RtpahHc, 7 1S.SOO Dtsaark, Kingdom of, 0 . Mkddd Chile Repablles ft ISAM Brasil, V. 8, of 8 .T. gddd 440 A rare a time CORPORATION BONDS Issue MO Sinclair Pipe Ltne Ce 0 .... 1WM Cudsby Psckag Co. 8H SO fl amble Oil and Rcflnbir. SH 8,M l.rx d,o TvU Eeclesw 9 , f. I tsh Coanfraotloa Co. 4JM RlHsoa Rsocblar fa 8$ 1,600 Goodyear Tlreaad Rabbet 0 j Addr itr iir1 n j u rniTHrmri:; 1 lred ,ftr ' Arizonan Tells of New Opportunity in . Salt River Valley . Arl-xon- x, "nr 'ir Sirr rt :Z ""' rtr.ra1l."r .r. l'nr tollowi, Ubor thron,h MnmJstAllAblr 4.? City mine ahprd trpg ef w-- h f tbs week compared ahlpmnta ef rost 4 271 tons la at week khtpmrtis la. tens from the various mices follow ueed Fa-- k the am ax th water already from tie resroir Mr Lueur .aa water ia now pumped into ald mi 1076 canala for about a third of tha land 117 Irrigated in the 8alt River xallev. It 122 all under one system and ail the .. a land i paying the government for th original cost of the project. Farmer are doing well in tha near Phoenix and Mega, despite a drop in, cotton one of the staple rrcpg he m4 Large farms now have a arlety of crap including, alfalfa. Ontario silver King Coalition Park L'tah Judge, Day West A Daly Total al-I- v Wake of Canadian fr - Securitiei. ex Denmark d- oemaim. M 17. 0wltteHand demand. IB! 'Walker Bros. FpaiB demand. 25.18. Greece demand f IS yten Havings Cxecho-01evsk- wejs Poland detnaad. .Ill, mand. 3 iw. Argentine demand, demand, 91. fL Montreal. T 67, Fire Reveals Huge Loss of Properly u - StocksBonds Mortage Pboao Wasatrb i . gAJVf Cotton Grain Coal lad.psad,nt pf3 Mo-- tan t pet. A T,1 T.l. Sta lit. IM S Ppls Joboswn Z . pet ftcbrsmm .. Cost. Kt.wUMl - ft. Fs.l. T pet pM . e fttissr Cub nr Clay 1 .. ... ef .. Id. F. rtsb WAlksr Btsa Dry Cowl. . . C. M L &i !'. 104. 1 t $4 II 3 113 I 1! I , it! t - v. f L. itsck Kt Dtraet yrtvwt, wtrs, aa All IswAlsg aa. A ittsrdsrd Cost, skABgAA. M.m bezw (Alt LaA atsek ft U Is f ft I, 4 let ibugA. ftazsr Ta 1J4i STM. VTTAft le apr. ininvi 11 H 16. Ml 13.41! .9l .5; .mi 1.25 i rtsh-fdab- . .44 11. NORTH BAT. Ont . Oct 7 The property loss In the fire which swept many towns In northern Ontar.o will between seven probably aggregate million and eight million dollars The loss of life will likely total between 30 and 40. while between 150 and 200 farms were burned out. sccording to a statement by 1'psinler Drury today after a trip over the stricken area on a relief train. . The town of North Cobalt. Thorn-loHeasilp. Charltoii and Uno lar wer destroyed Hailrybury wa, al-most destroyed and Engelhart suffer-- ! ed considerable damage. New L:sk eard waa a slight sufferer. At Hosslip, John Rond, his wife, eight children and. a hired mn were killed when a storm cellar cav-- d in Rescuers found the bodies of Rond and hts wife with their arms entwined e. 1 l. , J ,t .,) tl.uj fl weekly ily tuterssonataln s7ek qnotattaaa, aales mw4 ttalljr g4r-la- g aatt nrtwBw 0 naA resnae of afoeks abate tfews. It eorera tbo satire - .M ,, u I I, I H I.H SPECIMEN COPY FREE n uterK Winer al ihitit, Dept. u. SALT LAKE CITY, UTAH Itnd that 111 have water available within a ear from next spring can now be purchased for from $90 to S80 per acre, the visitor said, aa compared to price of $!6u to $$00 charged for cultivated laud now in use. Philippine Typhoon Doe Much Damage in Luzon N, tSpechil to Th MVMLA. Ot. 7. Report Just frrrm Northern Luton Indicate that f fieen nail' wer drowned ln the municipal ty of Cleverla. pro-- . inc of Cagatan, during A t'phnon three wee Its ago. Much livestock was drowned and tho crop damage waa said to he enormous. Reports from Island. Luzon, say virtually every house on the Island was deno been have There report stroyed from th Batanes group of island, but con.tahuTsry' officers fear there tn, been loss of life there. -- Business generally throughout the .United States is gradually recovering. The interest yield on choice Bonds and Safe Intestments is slowly declining owing to the gradual advance in the market price of securities. Conditions, especially for an early recoery in the Sugar Beet Industry, look promising. I am particularly recommending early purchase of o Amalgamated Sugar Company 7 Per Cent Bonds, and Can Sugar Company 7 Per Cent Bonds While Same Be Had on a Very Favorable Interest Yield. Utah-Idah- Usually Have An Active Trading Market Both Ways in the Following Securities: I ( 4 Milgmatrd onr rai 4anlBnlfd Vgtr, p Id Rraefk'ltl life Ins. U. lalrr-Monata- la I If la. I Fire Ins. , Sugar, Sugar, pfd I (ah State Natl. Baak t tab Mtlxxs A Trnat C AValker Bros. Bank Ilona Hnvlngt Bank M. I. i People's Vuxar Companp ugar prlaa4 7loa Bea. Bldg. SoHety Book Booka feaert Bldg. 0tit-T- w Bsk Vfneh 8rbramn-Jolpfd. I tab Home '79 MwIMatH Waa. A Visb ( VitlMRl Beak MvIrks Rank lsert Drterfl . NatloaaL opper Bank I tab Power A I Igbt. pfd. Vlataat 4 rtmmwry i a. I aytoa Sugar o. eonrltlea f o ( Moaatafa atatea Tel. f Tel. Morgan Caanlagf, pfi. aat fab-T4- lab-ldn- BONDS Sogar 7a. I Ta I tak Hotel 7a. tak Light 41 Power 4'i I. tab Light 43 Power 0s. iaaalgamated lYr. 92. 6 Mos. $1. 3 Mos. 50e I d-- Survey IU.H I .W . Western Mineral . Local Securities ench other, arms, while the other bodies were nearby. Th only survivor of the family is A boy of 13 year. . Bra-,x- !l Investment Secorltlas PALMER Bond 8? Car Trut A de- 25 l.j p Banker grain and cotton, and orange, fig and apricot orchards. X)ne of the chief sources of income I from the inten-an- a cultivation of . certain gajrden crops Head lettuce put on the market at L Angeles Fait Lake and fisurn points in November and December krincs Rood .prices Laatear 12 vOO were acres of cantaloupe raised and put on the market in June, ahead of those coming from other aec tlong. nw opportunity for hm 0k-- r in the nail River Valiev. l gfforied bv a project that mill add 4d ffA arre near the town of Mona to th land irrigated through th great Rooo!t dam. said Jam W. L?uur president of Marloopg Mik who lv a conference Maitor 3OO0fO acres of firming lajid ar non irrigated bv th Roosevelt dam This district pinns to pnrrp enough water from th river tha flows from the regervoir to mater an- A masd, regardlnc tbo bead V nlJlilllIJIMi:1 . ee f $17,000,000 iffliw v mand, 17.1 tmfo aartoa Resources over 1 peet , mnd, ta1f Prt tn le'rte wire Oct The Commeretaf Rut-lel- in trenbles tomorrow will ssy v.h. . unformtty ef ,m n In n I. "The demand for woof has continued ef fre- ewith pr1ce strong and well diversified .-r b... enpenned hewing a slight upward tor of poseth!, s cent a pound on the average for th week?1 nf Th the market strong position n(MArthr da- fWtel In further advances on goods by jreoh--pre-i-1 r r"1're'.'!l nmterlel hne remained tbs. JUsartcaAe Woolen company of lc to IMIlMit d due wholly to th re4.t.rnd.'nV '.t 5?c a yard, which 129 n ordered rise In the raw materials. roek Ir f ! .J j. tion ef both rt. Ire RAVTfW Oct from t rab.tnnti.Iljr r77h.t..? h., bttn tomorrow follows the tow lee ot the summer Wisconsin Ono-ha- lf blood, bank clearing. $i,41I,75T.9H. 4B47e, Weekly blood, 45 44c, on quarter 'Wood. 4l44c. BITTER MARKET FIRJCfloured baslm Brket were Tex CHIC 400 Ct 7 Butter Ftnei 11 mcoths, $1 35; fls eight week. months Ih.iegl 2. during p-th past Uranic rk.t wjra on, mlddl Califoml Northern, fl of. medium a end nnoitca canty. 1 llg!17; southern, rnko-rarof tm to mp-1 No. Eastern 2d; stsrl 41.27 Oregon The m.ramraf of ra7?lnt. Sem.mt. fine and fine medium combing. $1 15W1 2 esstem clothing, l.4Sf 1 IS, valley No. 1. Sew follow; V 1 55 Jrtces of SIhvvro batter 19! 13 m. Boston, , It. TrrttorTaSiFhTr stxpls eholoe 91 t4M II. Tok tC. rhiUdelpblA three-tt-half blood '' combing. 1111120, Chico, 'eighths' blood combing. Mood combing. 7tg!c Local AA. 1114 Pulled Delaine 1124125; A 115 A tuples. By J A Mnglo A. Ce M hairs past combi I carding, 94 55c. Bid. I Asked. nok Work FOREIGN EXCHANGE. . 26 g Trn.t Bstther, NEW TORK, OcL 7. Foreign efehang Colutnht (riot ...j Ca iteiul firmer. Great Britain demoL LU4. ca-- j i die banka 4 45 ; freret ikinr of Ogdeul J day bills jbies. 4 425 . I 41J. cables, 7 41J. lth!y I First Naltah1 Franc demand. ' dlt.o s Nstumal Bank (demand, 4 25, cable. V2l Belgium 'mand. Pleese uead rborked above tor t y WOOL MARKET. Reserve System matt (lentils! r- 9l.r! , , Aaaeond CayyVf, 7 Goodyear Tire and Rahher Member Federal bnr t95c, 1 4A j ?' Stf5ct. Amount 1AM Keanenott fesfer Ce, f Founded 1859 ' BOFTOJf. BOTDg taaaa r raga ay (irpahlle of B0J0O0 1. Ha of Great M BOPTOX .,i- - 'ch cts rathr4 , work & 'I' ia i Walker Brothers Bankers fm - IAN City at tug tha country, making pounds of th $9 8,S The deta1 sxpendl peditions but finally giving up h's fiatUs acttvHlci. A Civil war veteran fur for diffe-etype of building are a house la declared to have struck Lot Ange- follows $S Apartment 261 and h:'U H4 churches les with a atory of three dwelling. ! 4i hotels 00 hospitals 9210 $7,000 In nuggets. ftS-00 afflte O.A0, Roes Industrial article Mr. buildings Now, following bul'dmtrr $fl9 00 964. puhtle and a story lit the Los Angelas T'met' hutfdlrg. 00 0 1129 A W Iv.m spent public garages of Sept. 12, Prest. mommas schools 1410 an Interesting few jcvterday In conclusion, the survey ssy: story told n the coast connecting the m- JlcuiLl ia the building ladustry has paper with a famous tn hastening th rvd of idlbeen io' greatly to esaist has he atory which turn business conditions that the I v0 i of the throughoutof th normal ing. It seemswas United State, for 9i halt heard mine famous W as ( material Into tranelatM much source Laker from three differ' labor, betokens a wide range of Indust and bv tuc r.am First an W miner trie! activity y redden-lwho turned up 'Tt la therefore reassuring to note that Peg leg SmithSelton sea ceunv m the only from the a start haa been made toward imperial Valley with .or i.h of nuK- -, rg'up ad th accumulated building deflcl Mil Ih,t wlttl tBcrM, mn.ctlon ef irndrou,, ,tory t.lllnr to. scrord old fLow, rg heavier types of building, even though there min. Th t c nuggets rray be a eemewhat emaMer amount ef Ivina, banked Prst. his fortune in caro,jircof andj(jnr construction, we may reasonably after th manrerJ thM.tt during the next three years at least. d.ed. as typical arly day mine was often th ease. pnM i Nxt whil the Southern a 'fie was In course of construe c Jr, that part n o kr?n d ftwrH a of thn country, maki-"1 r bem human with tn Ballon bo an Apt,, workmen to the body thof - nr husband fi hi who had died from tau o'rc.gold from person wa found aacor which. a min squaws description fired tha atory at Paaeg a trooper foliowir.k Apt Ym r,n tnT haraeter and deattnrs were relatively An out steday Ran Bernardino trail agan brought Injbgbt- - Libert y'sauss were tho-- landing development Int be rail list wss asm story th Hie ImA advance Denver of Rio Grande wa mad stories effort after I ir- -rt I provement 5e of points Central Pactfl according to of me r i orepenetrate Missouri Fertile general 4e, Atnerl-rsmin irat, the country bmelttng 6s. Colorado Industrial 5s sad which wss supposed ' i, ,u 'i fve avdlt-ia Duqun Light 4e also moved Int highth two l er Losses were noted In Cuba Its trict where lost ground. o nr ago, Og 154 American s tors were Telsphon convertible la Int-- T t their 'n rauilnV nation ft r.2 Invincible Oil la and rmy re-by the T th-euieeed-e- d ef'-rTINTIC ORE HHirMENTH. corpe Non, of oae out and th, ,er.'h reparties , . neter to hisTintlc mns shippedwith11 carloads of or of the country afk compared In addition shipments of IS attempt tt rain e ov.r water hole arloada last week to Its ore In shipment Chief ( on shipped nine carloads syainet the- of and euch (rim trurte- -Thar lime peck frem its lime uarry and 16 erpedtHilr.t and desert he.t carload of road material from It t!on eipedlt.on rametheto naught. Ore shipment in carload from the dump. various Thl u happened before mines follow water brok over ofthe thecountry 49 lnacceibil-It- y Chief Consolidated much with Tintlc Standard ATtrof the 24 region in Grand Central j Now the tory from Mexlcslt Dragon free gold jj It th hs Bloeeom the coAet peperfw Iron dt'0iered within Eagle and blue Bell ha, been hour of Metlcsil n uch ju""'1 dis- Victoria Colorado peon ... . . k makes lb" verl wealth An ol - wanaea. trict rtrenm of "uoto.4 Drain Tunnel time Mrxtrs" I unr man ana pros- Tmtir r nnta! Eureka pen or. Tm- from th b1vI i'uii n Heck . rentlv came tn.n-..., Mar " Tuh okdei J0 irto of pack Str . . . . !ih 'hV A. EAmor'can or which u 3 1 li1 irKa " In From ., n,h:5i, w' fi.ke . ak to ,'hl'k rlareiJ to . ... ln Je Hower ld o1 nuetr of rure t U,d:hl , dtvl Total ,190 to the tb the story h ure BINCH4M ORE MllPMLNT. m,ne from .k' ' Ho. west or cuih and wca'eh is on B ngham mine not feoludiag Ctah Ct.p district rrur.tnln In 'e ?hVroed onthern gulf ports pr and I rah ub abtppcd 2 carload of eon fr (hts wfk. with shipments claimed. He had unravel 'S if 76 L4no-l- i last pared waek. In ffwt wee Of 'reeo rrLUng from tr ra-- t oa St'ient carlada foHow n,ne the $1441 ran according tj and lend being 1gHed State min 24 'ur ton copper rr. d t'tah Apex found v Th coast Btncham Virea Prest Tr ir ..fio'i reading the the m'ne Human H'ngham rupoioc of th ' to he In - - lvllty To'at h whirl, fabled uoU-for. et.ted tn the t in PRK CITY ORE MIIPMKMR esperla! many - MllHCIPAL BONDS (ram Fcdaral TaxatUal Maturity IllSvMM Mate of Colorado, 5 Highway Brad. FVdrral Land Bank. Baada MO City at Prir. atarworka ...... M Waara Coaaty, Or.,. a, EmI 192T-tBaada 4 Saarata Co . rtak. Sekaol DU- trfet Baada 141 MM City a( La.k, Wyenjla,. Wattr-war-ka Baaka MB MUIard Canty, Vtaik ietmi" ; ! i: ... dela'yv hard-bar- WHEAT PRICKS HIGHER, 7 Cnewrtafnty as to Oct. pose or war with ths Turks has had much to do with making wheat price sve-ag- e this week fnmpared with a week hgherwheat this momlrg was up f to 71 ago to 2t eat mm showed s gain eg if to it to 451 advance, and provisions a rise of ltoFort th cent. most part, wheat fluctuated sc 1 cording as developments --trT the near est became more or lee threaten! but yesterday an exception was noted the amount of naw hung en that occasion falling to prove sufficient to absorb profit taking sale and Increased bear ventures due to euccee-slv- e preceding upturns tn values Thee up-hturns had been stimulated tn come degree by bullish eelmnten of the !?2 yield of eons In th I nlted State and by a better domestic flour trad, as well as bv tn for creasing den and for wheat aaMsbe ready shlpmert to Europe through ports en th Gulf of Mexico, Rail and lake transportation difficulties rendered th - wheat market more perplex 1 p-th cae ujmallv tnf'to fore- cha-ge-tan e for wheat roe to Lake freight u ever export-eknown and tbe fhghet point at the Atlantc eabord were represent ed no curtailing ofau-f- n wheat abroad, tbe un1'k11hood of gertlng supplies en time behe ha Relief from a lertton Of urh slorie whl.h ing a decided hindrance of enr!eoce tn ran' drought that haa delayed the sowing of -r bnooun -n MexcA try. winter wheat tended to ease the market a In the nor little sa the week drew to a does ' xt N b REUCW. Buying ef corn waa on a broad scale during much ef the week wfth current nrep NEW TORr. Or: I. Dan's tomorrow estimates acting as the chief incentive. Oats wll sy moved up with com mjc.p Imprev-I- n In the dlreetlo Packer buying, supposed to reflect shiprnr.ie tufr have brought Rv-ping hustaess. gave a lift to provision. I r.irmH it ??!? i,ui,k st DIRECT OBLIGATION It ll it srai NEW YORK, Oct- - X Stock prtcch made rapid recovery la this week's market, making up approximately 78 er cent of the femes sustained fa ths resetion which extended over three week Several influence, contributed to bring about this result but apparently the Uaost potent was the declaration of stock dividends by th Standard Oil companies of California aad New York, the former doubling its capital and the latter declaring a 2& per cent dividend and decreasing to the per value of the stock from brought about a heavy tii This action speculation In ell shares, which undoubtedly had a buoyant effect on the rest of the -- 100 iftfta Vt Stocks Recover. The bonds listed below are recommended primarily on account of their security, the first essential of an investment. We shall be glad to supply you with the facts upon which our judgment of any particular Issue is based, and to help you in selecting an investment suited to your individual H Having connections in all parts of the world, we are able to collect or send money anywhere without SumUd uJi55f IlS " d Qaly lx!ttrss, etc--U.M e , and t,90,00 pounds In to rH realised when th, gold ftrd his what started fornla aciual.y and market Th lot coppor potential meant. Thau, according to Air luea Vjm la the bulld ng industry on J4 beats 4ou ha Started OUt Tor the he yosTt construciiaa If estimated at exsf owes CHICAGO, imnl World Wide Service r A. Hogle & Co. tall Uk. 04ca gec-n- lead-heal- th ; j gin to cave because of the tendency to procraatlnate But If you once cr lonr get the hsbit you Iu Invest conRave systematically. Injure servatively Bad thereby your future We shall be glad to advise you concerning your investments. up-M- ll When a well known writer some In a popular told - rank of some legends of lost minduring e r.inl.nw espendiiuree 1ft this country o' bulldinr . Is.tM ov.rl"k d n. i, that " ' of h ?: for tf.lUa( coo- ,leffnId come true. iau.s riM .m.an.ion Alll b. come true and e Balt Laju-- hscppfuad struct follow wh a total huiidfngs to, i of &f $$5 a en to be present at the ftcr ahirh com office this "fable." The writer, Loaeii jOlua. hutldlnfs or th fits M hothr 94 of 4 nunor 4 ocScoji Kie.ofy Reeee, in the February put.ho bund churches the Saturday Evening Post 'od among- j la sad folio tbs hospi'as others the story of the Famous Ffg- )rrir named He declared that perhaps The total consumption ef copper tn the leg mlnsv celebrated utte and lost tml y the most d!rg induatrv this year le estimated at mine of all the "fables' was this Peg- - ISO CM 69ft pounds coroprtrlnc copper, brass many variations of tna and bronze in the form of sheet piping, leg. Citing ten ch'onk ier hardware, Mght'hf fixture wire, etc story, he declares the sets forth that the mine a diszov-- j ' This is an increase of pounds Hrrilft maa compared with 121 of pouhrit ered in 1117 by PeglegSmith and of T2 Oft .t seems. compared with 192 with a wooden leg. In as which with pound compared guiding a party of trapper vars the amount ef copper used in the across the desert from Yuma to and four between varied a industry he bu,IJj or.g Angeles and somewhere ' cnt of the totnl copper coasump-Th- o emu i hills way happened upon three the vested to thi 0ae. Itrrett according !t ! or querist was composed of bla4.lt and 'epper will be used this year full nt s dull time ago tah-Ida- 4gx Edward 160 SO.-MAI- N fllft V tt'a- Oakdale Irrtgatloa Dlt. 5t Mxtb Kaa Dial. Virtue Voaapter Bldg X alley-R-l- l, l! flsanea 5a Joaquin 0. Liberty Bead I, L. Burton STREET. Phone Was. 866 Correspondence Invited., -- 4 V - I. -- a. I i - t ' d - v |
