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Show W W THE DESERET NEWS SATURDAY DECEMBER 31 1927, AMERICAN DOLLAR KEPT BUSY IN BUSINESS AND INDUSTRY Funds are Abundant For Any Legitimate Business Venture Skyrockets STOCK MARKET IS SENSATION on the Stock Exchange Year One of Most Remarkable (Continued from Pag Threw) guest, a man who could tell him what to do about his position In tho market. He eras short and had a paper loss of nearly a million dol-ll- . , In Nation s Financial History (Continued from Pag Three.), line as Iron eluded such important (Continued from Page Thre) J Then there-wa-s a customer of a and steel, automobile coal and Banks Ejill of Money; Total Income of United northern hemisphere ha certain large brokerage firm. He coke, railroad equipment, oil proproduced Isold short 600 share of a leading 1.010.000.- 090 bushel of wheat Last Year Conservatively m the year. . The duction and refining, machinery, , States I industrial cary the compared with 3.014.009,000 last company In which he had a reverse building material and nearly year and the southern hemisphere $3 7,500.000,000. interest declared a large stock div- entire rang of metal about 400,000,000 bushels comidend, increasing bis risk and still baps and Salaries High. Whtlq It still lias vigoroas pared with 431,009,000 a year agoha stayed short. He kept putting Less vocal, but more influential, Installment bayOf this total import opponent countries on until loe. the finally tup margin in carrying the country along BY J. G ROYLE. ing evidently has come to stay I.IOS.000,000 bushels produced this one transaction ran Into six fig- ibrdugh been what the year has and much of tho fear of disure compared with 1.034.000,000 last Then he got tired of ad- may be termed Outstanding Business Authority.' the aster with which merchant and year " countries was proand exporting money vancing "bought of the average American wage 1927, by The Deseret News.) regarded It In the past haa (Copyright, duced com1.050,000.000 in. not take bushels does incidents It manr ' and profeasional man- Hie eliminated. Only the of this kind to undo profitable earner NEW YORK, Dec. 31. Like other gooc citizens, pared with 1.906.000.000 last year. indusof in share the gross profits check to automobile producCorn Rivals Wheat. trades in other Ktdck. , ever. been than has Its American dollars cannot afford to be long idle. They have higher tion kept Installment sale Corn trade has rivaled that of Of court there were trader wbo try in wheat from reaching a total of mad money, and soma of them big employment ha for th most part, for Interest during tha yaar. been kept busily at work in 1327 and this fact accounts Merchants been steady. He has bad money to $10,000,000,000. money, but they were not as num- save and industry Out of tha summer flurry, when . no small or to spend. With a stationpart, for the activity of commerce erous a is commonly believed. bought Closer snd more careit appeared that the late crop well to be and averare or employed ever likely before than ary slightly higher perhaps Elen Corporation Heads Err. fully would run Into frost damage bethroughout the year. They continua-'tio- n Even directors and executives of age sage scale than before, his cost wholesaler revamped their has come a sub'throughout the first half of 1928. This means a assures fore maturing, some of the corporations the stocks of living in the past two years has (Continued from Pag Three.) entire sjstem of distribution stantially higher price level In spite money, and 1 of "easy money, or cheap of which were speculative favorites declined. to meet present day competiof a crop estimated to be larger duo to In recent months har In comOrders ' More any situation Ing. and warranted of has 'to slackening building effect The this faith market. lacked the tion of chain store and cothan In 1036, and In spile of the construction, funds sufficient for any legitimate or to been placed In small quantities. bebeen that of creating the greatest Indeed, one any sold J. hi stock director than baying. operative outlook for Increased production slackening n cement demand. The mercial enterprise ct expansion. he cause waa too high purchasing power in the history of thought it next year end reduced farm con- tMcf. ie that the Boyte. i has built to back and then it had United and Industry in essential five, th Chemicals. buy country, part Drugs and because of the Smaller up a capacity eatimated at between! Th, total Income of the 1 ten or event twenty points higher. . but whethin .A sumption number of livestock on feed. The 325,000,000 miner 39 000,000 bar- - j EUtes in the laat jeer ie eoneer-and Industrial Moro than on executive told hie part of Manufacturer! er one or th the creating ceived in th long coal poa$Uon corn crop Is estimated st rela a year. Production In lOfilthemicaia piled profits on profits friend, tht they had better eell the business and helping other, vatlvely estimated at moe thah to keep eome. strike, ifer commercial her fiit with bushels, compared with ranged between 172.000000 and in 1927, having made a gain of stock of the concern in which he cne beside the actual buyer at haa Improved and 917.500,009,000. Aa n result of the 3.647.000.- 000 a year ago, but poor 175,000 000 barrel was interested because its financial work. nancial status. In November her which was cent over 1926. They the sum. per hone thie of production husking returns may cut Ithla of between t. 000.009 and 10.- -j lowed thie with a gam which ia position did not warrant the market prosexports wer $87,509,009 more than . Prosperity on Nouud Baal banka were full of money throughI th year previous and nearly pective yield. 000,000 barrels as compared with conservatively estimated at 15 per .( twice. The stock market In 1917 Invariably acceptance of out the year, despite the remarkin There element aie unhealthy corn May at th remarkainvolved in xcs of 1835. Sh it los 1926. was one of the most height of ft the output of (cent as compared with that year, 'this advice able volume of csh which went the present liberal spending hah-it- s AtlU, however, rise 11.31 reached New a tn bushel Tho tho of has in facing seriou comthe ble suffered Augof: history industry The volume Part Big p 'of Play. into Investment. Money whose the American people, ust. The price decline which fol- som extern through tha compcti- - that root of the continent of Eulark Mark Evciianxe. It was account j is unnecessary here to go into I tendency to mortgage the future petition from tb it rash held lu saving J are lover and lowed when and th uhere uon procontract ages tinder of record became a and fdon de-- l mad it ef evident rope activity year that cement, foreign v not did of Will ths HowIs greater than It vhoiiid be. n,.OD technical. throughout the country ',he were able to cut their the crop would mature, amounted pecially that from Belg.um. Th ducer exchange more favorable to thof quotation pmdstratly .. "coats i situation, which aas the dominant . ever. appreciably, it Vui. is cline. hut increased the that writers opinion to nearly 40 cents a bushel before methods of handling the crashed with Hie normal reaction few piod action and distribution h although bank debit, an accurate prosperity bas'd on ths absorption goods. earned and sarprtsiturly small by confidence was restored. A recov- stone have Improved materially. cy undonbtX wllf ,Mr of a nfcara cf corporation liberal buying, roe barometer of buine taro the was 1929. forward a it But although Germany has been through ie--a ery of about 10 cents from tha low oomparteon. of the gold held in this profita by wage earners to a more ear PP 4.1 per cent accord.ng te the Naof execMiv speculation in i market (list even professional, prices named In those contracts country, point has been mads in the last few 45 59 between that than and per permanent tional City Bank. Clothing. prosperity, traders found It difficult to probably will be lower then those cent of tho supply of the entire which comes from the abnormal unties followed by n slow liquimonths as a result of expanded The Insurance BtnJnes 1927. conin them. A constantly growof dation and many diagnoseTh a p par I trade hav speculation. had felt buempsa Tha 0Upsuranre world, that was the foundation gamings of a great many different ing irritant in th way of higher Industrial alcohol and carbon on vinced "bear lost hcarily The activity In corn, transferred keenly through th greater part of to1 to industries and structure distributed which tho of chem-learising another remarkably J,in The Ida cost and taxes bear heavover from tho wheat pit, la based 1927, th unfavorable weather con- black fell behind the other George T. Hughe now have Ktock holders. There is not. likely living stock quotations was Guilt. lc is Insurance companies a producers of profit. Th on the working classes. ily in on hav dition the belief 1c which obtained b will to so part that them of baek a and not great more than 987.000,000000 swing The effect of this surplus of gold industrial alcohol situation waa unlikely that 1828 will wltncsa In forth m business tbs in lore nd of thi $15. ervtive judges place it above a be a foreign demand for this grain pendulum by a heavy production was intensified by the deliberate disturbing labor and industrial conbetter than at any time In years. Sale in f ,rth.er; , complicated 990000000, it ia eatimated, waa half billion dollar In Cuba of black trap molasses policy of the Federal Reserve betik the former case as in the latter. ditions in Germany along with poto hav The been which the fact most Argentina of lover moro there that parel Industry than supplies today such litical differences over th subject added this year, or and by import of this commodity designed to keep money rates lew. a Electric Current Consumption. leadcorn some in than 125. m tremendous The needs force the has marketed Europes although In fore tn amount buying total from South Africa and th produc- There wer economists wbo disof national expenditures and reTho power curve, showing pro- nearly all of her surplus of over ing manufacturer of we 3 adver- tion o vi pan lea paid to beneficiariesof synthetic industrial akdhol puted the expediency of the course country, together with such large paration payments. 300.000.tised 000 line hav found voldemand bushels and has less deposit such great in Germany. Affair with alcohol adopted. The controversy tha, savings during the year more than $1,600,- a duction end sale of electrla cur- than 60.000.000 France and Italy Stronger. ume of pew Insurance, such real bushels left. This 'more aclis- 0O9. The sales of 1927 repre-- rent moved upward In each month commenced to mend toward the arose when the rediscount rate of estate ia stronger Franc financially Th call for summer wearing ap close In g Is an Indication form ths of the absorptive activity especially was aided .it to no small extent the addi- In comparison with tha This of the year. than eh wo a ear ago. In the the Federal Reserve bank of Chicawa especially lack and this announcement of an agree- - go was reduced by direction of tbs of home building and in the ab- early months of 1928 ah will stabuyers and paral the tion made by those already Insur- period of 1924. for tha power of European by of all classes of securities ed Who havo adopted life lnsur- year, production reached a daily from all Information It looks as tf led to prlc cuta In many lines. As,mnt between the treasury depart-!- h reserve board at Washington and sorption her currency. bh is not. as to prove that the population, as bilize cold weather approached hrw-fmance a a method of thrift Invest- averaga of 134.009,090 - kilowatt America will haV to supply the leaders in th trad to over tho protest of the local s well off ss ah was h U( a whole, to makirg money although however, tn to 8M00.- ment. Thera are now three lneur-anc- e hour a gain of about 10 per cent deficiency In feed etuffs until the ever, there wa a brHkening of output la or! ties fresh in the minds of the commercial statistics are not industrially, for the effect of di- mand for fall and winter clothing! go gallons out of a capacitv of o unstable currency has led to companies in this country ever the previous year. Profits for Argentine's new crop Is available and this wa But follow such matter supplemented M the j approximately 1 10.000. 000 yearly, whether ths policy waa justified or particularly gratifying to the Targe miniehed production and smaller with a sects exceeding a billion dol- tha light and powar companies some time. In April. business and banking interest went months on ad- from reorders have by alcohol Xa industrial Inducement for lars each. as cent a commercial price II per Feeding. profits. ranged high the result was the sam Politics a Business Factor. vanced 49 cent from the March not.Week livestock prices have been out the manufacturers. iialv will also bring her currency above them of lilt. Beal Estate Aactiv by week and month by One of the features of th year law. The per season is now approach-in- r month, of The in tb early pail line with 1924 fixed to the the latecorn a has Consolidations and of since been price period point absorpbrokers loans mounted showed transactions Beat aetata wa the Increase in th demand when a huge amount wiii be to higher snd of next 5 ear, and probably above by ly. The hog produoer, tn particuBy ons of tho most placid ia the higher level far raora than the normal activity tion of the smaller Companies for rayon fabrics for both mens needed for e mixture th French franc lar. which Isnt of tho to that Given at Increase continued unabated. history his likely country. op- and women ths end of November tho total a wear. oj the average year. There wee an larger system inactivity a condition of will h stabilized. Industrially and compiled by the stork exchange political absence of boom, such as prevail- Expansion of capacity was main- erations under present conditions Price reduction stimulated th,e business reseem to h Is politically Italy prosperity likely to bad crossed to $4000009000 mark. sulted In list end a lack of the buret tained at a record pace by the con last year the grower of corn who sal of harberdashery for men ard Dairy Products. Ons of the great unknown stronger than ah was 12 months marketed his product by feeding anthese when At increase first, ... booms which showed up In 1926. struction of both silk women. hosiery for 1921 ago. There is not, however, overto' porkers was returned Dairy products wereths moat nounced surrounding th hand- by the Federal Re- quantities Suburban development however, and steam central powar station business situation consistent money makerk for th serve andweekly is the coming much confidence in this country in monthly, by ths Stock continued at an astonishing rata Pom industrial plants which were some profit. The ratio of eorn to entire Is the It the the permapept success of Italy presidential Coal. campaign. agriculturists throughout came out. the market price of hogs then gays the bought. It Is assumed, were pur-giThe volutnt of transactions as confidence of ths conservative in- present form of government and year of 1917. In some of the north- Exchange, Toward end of shock. had a tb In dollars was slightly lew chased more for th water powers feeder 10 to 20 cents a bushel more terests in sn administration Coal producer bed an unsatis- western states thee products yield- tho year an increase In each sucthat frequent chilis ar caused by her of than by selling tho grain for cash. than In 1131. but there we a wel- they controlled than for us and the position, es- ed more than th combined crops cessive statement was taken aa a kseps business moving forward sn abrupt and arbitrary foreign policome expansion In the buying of their present equipment. Some In- Thls year 9 cent boo and 90 cent factory year, an even minkeel. flax and of cies. of th soft corn, coal rye. that wheat, barley, pecially corn do not offer any Inducement dustrial companle notably those matter of course and waa devoid farm land In tho agricultural 1 South American Outlook. on of the field crops ot the state There are bound to be signifiIn the paper trade, have stressed for tho feeder to Increase his oper- er and operator of all effect. mid-yeTh for the countries of southeastern buxines After or of price movements In the business and spots today. In, These properties had tagged far Power development to inch an ex- ation on item that was watched cant The In of th sections butter have mad some progress. fat many th th demand Europe ofT9!7 financial j early part Great affairssf For the first time In years there from Britain, some years and the renewal of ac- tent that they have virtually' be- was th for As call rate Thi money. Franc and Germany In the next Poland has been able to borrow exabroad, which had sustained country advanced materially. to a decided bull movement on In tivity indicated plainly the hetter- -' oom public utility companle At oat Increased the margin of th 1929, dropped of cours mouth Business believes tensively in the United States and tpe" Industry during tflva T a leoat billion 9 to and half Prices a ment of the farmers dollars with above position. qent What totona looked with indifference up- Even the off profit for the producers. very that during thta to establish her finance on a necessary j, Many tenant farmers bought the was expended In generating, trane- - tost year. Many of th Important minessharply. on mad th showing Gy th loan penod the United Btates should sound basis. however, la to show a profit and (was mors sffec.lv lands thsy had bean working on mission and distributing equip- - trader are active In th oats pit, wages failed Is That this a eras fact return that the figures. In South America thecq has been dangerous hav a strong government and one wer cut materially In a yielding . ment shsren or ranting. operating on tho buying side. Pro- - number of ef mind need not be empli- - that is willing a general movement amohg repubprocesses supplanted old to act sympathetica!-mixeplant which had raised modernmethods . Them was a falling off In deConsumption of both natural duetlon of oats waa short of a year them somewhere there must b , ly with European policie and even th cows time lican countries to balance budget, during the British coal strik mand for residence and hots! prop- and artificial gaa grew trwmen- - sgo. with 1.306. 000.009 bushels establish a proper saytem of taxaProduction did not cease, how- and bens were rendered far tnor a limit to tha amount which spec- - I d 'lo'rm-- n Parting. arties in tbs cities, bnt this was Many pipe Hues were com- - timated, and oven this estimate Is ever. In bean a b ulatlon had can efficient beet than with and to develop a stronger nation they on safety. of a strik tarings forward th question tional conscience toward external mitigated hv activity In sltee suit- pleted or started from the pro- believed by the trade to bo hlgn. April 1st,anticipation That, however, to not th point. I This hngs stocks were plied before. eold to able for publlo buildings and bust ducing fields to Indnstrlal center Quality of tha crop, too, was spot"ft aided which Another factor tha For Europe obligations. In these development of tho time the . only up. The strike took place as schedness stmeturea The decline In or- The use of ga for domestic heati- ted. , that the area of dairy stock market of 1927 acted as If b'!l ?haa8o,h America, a prospect the loans made hy American bankand still officially to under- farmer waawaa been facing th that This situation, with a possible In- uled United ers to Argentina. Brazil. Chile and widened. dinary building has been approx- ng- aa well as for cooking purwere no limit to there Dairymen marketing the in supply Illinois and ths Ktatt for some time and on that Peru have showed marked progress crease in export demand has made way except When th strike imately 11 per cent as compared pose an Important formerly wer out of range of of available credit. plaved ws who is important in that it may mark part. Th credit with last year, but the contract and tha situation was further im- the trade feel that oats wer seil-ta- g states west. In the citie their mala neighborof Central Amerstocks segregated nearly tb nd of th period of let for municipal and public utility proved by the broadening markets too cheap in comparison with begun, to now are to able thee money ican has likewise hood, moteu countries ship e5y con 95.000.000 Since ton normal on which th security markets, of work Including engineering pro- for gas plant In fact, cream CATTLE TRADE Low other grain Broomhall. tho Engup to a higher station and the to only 9000.000 tons a centere profitably. 1927 hav been founded. to now northwest tho ject sew era water system sub- coal prices have aided gas pro- lish expert, say that Europe will sumption from teen more of have COMES making lans this group TO OWN It is not unreasonable to there waa no uneasiness on its way without deterioration and ways and other heavy construction, ducer Nearly 123000000,000 cu- require 92.940.000 bushels of oats week, expect and more familiar in the market th part of consumers and ad th baa mads up for much of that bic feet of manufactured gas eras this season compared with 39.310-00- 0 vances to Florida conaumshipment of between $50,009. for doilar auntie. Japan haa h'h a price The yrtr tlowd (Continued from Rag Three) 009 and $75,009,909 gold to Europe parsed through loss. Tbs amount expanded on burned during th year, and about In 1926. another commerwith stocks almost up to $9009.- - The stock of butter and cheese in th next thre months. building construction during the 920000090094 feet of natural gas ThU cial and banking rnsm frm which Better Returns d Provision ton 090 over or seanew to down a last getting urn ,11 declined as compared with last year was well over $8009000099, was esnsumed. might be considerably enlarg- ?b is lowiy emergirg with nationDespite lower hog price returns In advance on as 1927 drew to a close. There sons low when choice butchers ed in cas Franc suddenly decides al credit unharmed. although the record figure of on provisions are better than a High Osr Fare year Pennsylvania and tome other sec- year, to stabilize was less offered reached In JIM Was her currency and at $0. The Foreign Loan Problem. at by $9 told competition This Th street railway companies ago. particulrly true Of tions are lower than they hav Australian and Scandinavian butsam tim draw down not equalled. There eeemi little In- -. balThi lard and th together of nations Best hogs laOt January sold at th to been in many year ances in London and In New Tork. through knitting effiwas dlcstion of any further check to materially Improved their posi- th lack of only reason for this end ter. wall the tariff process of internationIt la now admitted frankly that cient In --eliminating soma ef th $12.60. Th reached thd years Th question of gold exports, there- al loan the competition from sub! construction avsrags fart for ths stitutes Cotton it ha except that exerted by tions. Ths compensation and n there are too many coal mines in prices and the weather, for the next three country to now well above I cents high In February at $19.73 and for. ha ceaotd to b academic and It disadvantage. There Hi bar, seed oil are much higher then operation and too many miners j Canadian competition. and ' months b cent Indusa on approaching forward 1914 as I.f may at least. put Taking tho prices of haring for the argument that having" then sagged off jffctil Juno when an trial activity has helped raise th In 1926 and this haa a bullish ef- engaged In th Industry, but tha 160. on th finan- mad foreign loan In th past six th average price for dairy best hogs , ' Railroad Eanglnga Smaller. sold at $3.70. They than cialimportantofbearing number of riders and ths bus and fect on ths lard market. 1828. over hietory PWtar we of Product, throughout $10,000,000,000 years The railroads of the country did taxi conosrn which that tha soft coal industry can get the year ran approximately 140 or turned about, getting to a top of Cbn tinned were Cheap' Money Likely. should continue lending in order on a regular bast has not been over. ( better than in IMS but not so well acting as competitorsformerly $12.16 In September and October. Potatoes. hav in to ia stimulate It the markets oo open and In 1130. The cheering future of many case been absorbed After that the b.g slump was on. far madtruto that th shipment accomplished nor apparently will by th The potato crop ef ths country It bo as long as production Europr South Amer- for our own product I the situation, however, ie that vol- - traction concerns and now are contln Light hogs felt the decline most ica and Canada opno had unfahar Goods. to b around 10000000 tons j time of traffic fell off In much erated tn conjunction with th elec- for th year was th largest sine Dry severely and at the close heavy hogs vorable reaction in th money margreater ratio than did the net In tric ear Ths totter have been 1134 aiid exceeded 400.000000 a week- ket of thia country. It will take reflected so strikingly had th best ot the market. 7 Nothing com. In ether word while the much Improved In comfort. bushel Tht was a gain of a little Fair Demand for Lamb oom tim for them to produc an In th agriculturth Improvement AH of ths public utilities I roads carried a smaller tonnage of over Cotton 44000000 Goods. bushels aa comparWhile fat lambs war la fair effect because thia may b minihav freight end fewer passenger lt.wuuu themselves tn al situation and the buying power demand ed with last year. Profits were unduring the year, yet feed- mised through th operation of cost tham less per ton snd per Throughout the greater part of of the country In general, a, he ers outsold duTto thl curitte tho killing classes much taking more government even. Some of th ofP to carry them. Th. who 1927 the cotton Industry showed retail dry goods trad degrowers Ths tho portfolio of th federal curtomowntitp ,na wer favored by th weather and decided Improvement over the pre- partment stores, chain stores and of th time. Aired sheep had a into 2 ago .. . weekly freight loading for the - to well planned reserve bank even from m&rket at nearly all th opn mar--gear, aocqrd.ng ,o late eaUm.te. got their product into market at vious yesr. Indeed, for the .entire mall order houses wound uo 1937 good !Ung around $$.$0 to $7.15 ket. It might loo b immediately a time when there was a shortage year th Industry showed a distinct tn a furore of activity. Unseason- time. 1.913000 cars a compared however, showed a decile checked through a lowering of the choice light wes. as com- - did exceedingly well. Others found betterment In certain sections. rfth 1,036,000 care In 1921. able wesrher haHed trad early In forAbout 4,000,009 sheep and lambs Bank of England discount rate. decided difficulty in marketing at Tho growth of the Industry In, the fall but this was overcome as arrived Basse oyer traffic was only fair pared with 1926. is on of tha most probable This, th or about year during FavorabD. Trad Balance. H'tor comparison with 1920. although profit. In general the quality tho south snd In the middle Atlan- th winter progressed. abort ft a year ago. Th developments of th new year . 5 9b summer tourist movement waa Th year ended with foreign was good and the growers who tic states has been such that the Ths chain store svstems record- 400,090 'A kill eaaon out started with choice Tb World Situation. wp to expectations In most regions. trade showing a favorable balance used business methods of market- major part of the production ot ed an increase of at least 15 per Ing lamb selling for $1$ to $13.59. Let us tak-- n look at event in th Industry is now In thore sec- cent on the average, as compared The carriers spent nearly three- - to this country and a decided ing had little to complain of. in the world tht year and others posdas a steady and those were the districts with last year. The volume of all Thr then quarters of a billion dollars in growth in volume. These results a The sweet potato crop was also tions price to $18.75. x This top w sible in 1928 that have had or are bumper yield. approximating In which the prosperity of the mils mail order buying improved since mad 1 maintenance and betterments this were obtained over no smell June.' in After StiU th that 91 610000 bushel tho a most marked. likely to have an effect on the marDuring the the close of th harvest season. De- trad largest 1 year, but they were not forced to China has been In the off esed held around and first pert of th year production partment stores throughout the $14 for th best killer. Good feed- ket for American goods and seRoss Reason & Co. 2 buy as many cars and locomotives throes of political unrest snd thie sj'.re 1923. price were low In waa curities. high; demand was active, and country Indicated that their sales ers also old about t that as usual. Moreover, while the num- Was. 041 East tsd Is affected trade with Japan and consequenc point. Is lowGreat Britain T were which such mliis that recovering would to $ cent per approximate her of cars loaded was smaller, other oriental countries as well. and amusements than ia 1926. prices All In all th cattle and sheep from th industrial blow it re them- higher, than tn 1924. Bom of the ly had adequately protected were Th J they had a fairly profitable year, better loaded than In fact that England, the United and football - were the selves In the buying of raw mate- stores did not do so well In the raisers while raisers wer less forJ 1936 or It predecessor year liva snd some other countries Baseball largest drawing cards and more ria la were able to show nice prof- earl'er part of tha year, but tbs tunate.bog do x not Soofficially recognixe the see others perform on the its. to Touytot Traffic Heavy. much did toward paid later activity viet government has mad comThen cam the aharp advance In compensating for these earlier ro. I and diamond than for any traffic on ths highways mercial gridiron ' Tourlgt Rue-al- a relation with other amusement. Golf accounted tho prica ef cotton. This caught ver S' 2 was . of heavier volum than at difficult. Mexico was In j for th mill owner especially There was a noticeable lack of 1 Any previous time, and practically largest sport expenditure some of th ' and a stats of unrest 2 are New records were those In New England, unprepared, necessity fro bargain sales In many ry section of th country bene- - was not until late In theli by participant advance to and the line Thta was dne to th policy prices attempu from automobile travel. hung up for prix fight attendance ;- fitted ar . at 1927-192- 8 dadsion of the d extreme interest was manlfsst-- , of cloth succeeded tn doing noth- American tourists left over f ,h 01 con- - ed in tennl polo, hockey and other ing except to set as a check to buy(Contln 4 on Pag Six) 2 $209,904,000 in Canada during tha j undor- year, and mors automobile parties standing as a Only the shortness cf the This Review and Forecast will be published in New ' for tra Is. i eport - visited th series world's series baseball national parks and was disturbed and Cuba crowd kept York on January 5th. below record number .. 2 other scenlo wonders of th na- - Nicaragua over uneasy her sugar situation. The speaking stag prospered d lion than in any previous twelve- - Franc We checked have ordered a supply for free distribution In tbla trad for a time mightily In the last halt ot th , month. introducing advanced tariff year. Producers recorded success and copies will be delivered here about Janu ' It is estimated that about $1,- -' by territory which kept shipment down until after success and whll th 00,800,000 Was spent in the bulld- - th 10th. difficulties wer Ironed out by of failures waa not small. It crop ary was betterment and ef tng hlghyayt. Germany below It usual proportion Fill out this blank and return it to na and we shall work wa forced by th big tho two governments . Thi There rebuke In connec- was no falling off in tha attendance Real Eatata First volum of motor traffic carrying earned a sharp . payments Under tion with gladly mail you a copy. th at both freight and passenger theatre but moving picture Loans axe Tour Many $6 Z bond issues were floated to finance Da we plan. theatre owners complained that ") safest laxeetmant. such project ard full advantage Despite these factor " eM Name foreign profita were not satisfactory owing 4e O' c and Now 40 years without was taken of the contributions trade grew In Central and South to tho added expense ot tho addiInor In toss : from Amerlc principal the tional in in attractions of Canada ths federal the Antipode way government Addrtss pa-and cllvnt. terest to asr " which supplemented the $200,000,- - and In Europe, especially Italy and vaudeville acts and muslo which oa request vt have nev- 000 or mors which earn lnio th Scandtaavt The trend to ehown the public waa demanding. er failed to repurchase s The horse and the dog came coffers ef th states for highway clearly by th figures for th leadeossje tbs same without discount or delay. t purposes from the gasoline sales ing producer of automobiles fn this more fully Into their own. The $7 tsx. country, whose foreign sales In th growth of popularity of dog racing waa a feature of the year both her Tourist trsffio abroad was even last year hare Increased over-6CO. heavier than ln th previous year, per cent, as compared with 1926. and abroad. Hors racing 'was -f- B Amerof to For tha th first th ten months ef meeting proeperbos and Interest In polo and oaring tht BO DEPARTMENT AND fTOCK BROKERS. TOTCOMMY lean Legion in Paris and tht In- year exports totaled 95.01 5.300.-00- 0 in equestrianism waa keen. and Imports $1.507,900009. of dollars were expended to 4 W1rs without Prtvut creasing popularity of th winter loss Direct Soar 21 2nd South. Utah. Lake Salt City, 1XJ feels at. our Hurt-fa- st mmy Investor I world These cruises and round th Brels Bldg. with merely In transporting high priced figure compere I so ss v jaunt It to Impossible to secure 32.666.90000 and ll.TOO.SOO.OOO thoroughbred .Phone Was. 6041. Salt Lak. Cltr- and canines OftfS. equine accurate figures on tb sums x- - respectively In 1928. from one track or show ring to psaded by these traveler but cen- - Tb country spent moro oa sports arena to another, ; Credit Buying Here to Stay i - I ss Commodity Analysis Shows -- - Basic Soundness for 1928 f Year Is Costly One for Bears 3,751,-000.0- aj5 tol-ga- ln v ! 12 -- I!fl rl-i- na ;" ihrh- la rl0ncb 11. corret-pondln- nt tu-t- .at-wh- al anti-freez- hydro-electr- ic I s. ar . non-uni- d, vr nine-tent- J 1 ' 1 br sot-to- PBer aver-'grow- th m sn ' Fixed Investment in America's Prosperity gn . Moodys Review and Forecast Years I Max-an- We Offer for Investment ' jUtah Power & Light Company Preferred Stock Mort-XXf- fe ..... Utah Power & Light Company Preferred Stock "5111-lio- ROSS REASON & COMPANY Eat r' ,4 -- y ftp J. A. HOGLE ft , |