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Show 16' THE SALT LAKE TRIBUNE, MOND AY MORNING, DECEMBER 22, 1930 SILVER HAS POTENT CLAIM FOR PLACE IN MONETARY SYSTEM PLEAS FOR WHITE SHARP RISE IN TRADE EXPERTS FOOD STOCKS TRADE GOOD METAL VARIEDBOND PRICES HOLD OPTIMISM GETTING LOW DORM WEEK LVsidc From Economics, Silvers Right Based Sudden Swing From Sell Despite Liquidations of Past Week, OSlight Flurry In Ancient History bservers Expect Early Upturn. ValSends , W. 1 V. r il rr'f u Hrt kit ! tt tin MMito 4sfU U MJvur eiebUtsetiee rt ita pHAMPIONS of illver can make a logical plea for price bilization and wider me of the metal on nnmerotu economic hai been pointed out In preceding articlee. But fronnda, they can also argue for the metal on grounds entirely disassociated from economica If is a fact and no monetary theory can change it that silrer has a potent historical claim to a place iu the monetary firmament u Grant that It would be economical hr advisable for all silver-usi- ng tries to go on a gold basis; coun- grant that there is In the world a sufficient supply of the yellow metal to do this; and still silver would remain the measure of value and the medium of exchange among a good share of the World's population. ratlve aterial for palaces and pies. BUnetalism, too. Is as old as tory. Benjamin White In his book, Bllver, IU History and Romance," reports that at least as early as the time of Croesus 4 B. O.) both gold and silver were used for coinage at a fixed ratio. The white metal was used extensively by the Roman empire, and it was during this period that it suffered one of Its earliest dcbaaemenU at the bands of khdlng -- (568-65- which is relaIn Buying Buying for Christmas Is rrjorw than 1 per cent, tively favorable. In view of the tact that shipments were maintained on Would Have Beneficial Nearer Normal for a fairly high level during the early months of this year. Effect, Expert Soys. Holiday Season. Output now Is believed to be about on a par with the low levels of De- .Market ing m llm Yr O. w. M,lm- iu ar Sally laan.Tfc.ml Trlb.iM. Erenmlste hare latdr lh n.lor MM f.r Awl.siiac lAtcfcftitlnc af Inlutry, It tiuJl b tfc mphn f Uim IhT, Ml lh rama. fM Wild 4 U vkift4 m WISCONSIN BIRTHS DOWN. MADISON, Wla. (UP). Wisconsin births In 1929 fell below those of any year since 192J, the state board of health has announced. Approximately 63,000 births were recorded In 1931, when the population of the state was 300.000 below the present level, while last year only 55,593 births were listed. ues Skyward. By W. S. COUSINS NEW YORK, Dec. 21. Another itormy wave of liquidaBy DONALD C. BOLLES. tion engulfed the listed itock and bond market, well ai NEW YORK. Dec. 31 By CLAUDE A JAGGER. NEW ' YORK. Dec. 31 (V-T- he the important unlisted markets, carrying prices sharply lower. in the food Industry now sire NEW YORK, Dec. 21 skies cleared In the bond market last Coincident with the new at such a low point that the slightest minute patching liquidate of tome of the holes week after the stormiest period of ing movement haa been the further next year. Business leaders have set of buying should have an im- In the Christmas stocking buoyed Hurry in liquidation In recent years. demoraljzatlng drop commodity a good example by meeting all oblspirits In business and financial The return of fair weather was sig- values all over the world. Silver igations to stockholders, and, in most mediate beneficial effect, says O. M. during the past week to a level nalized by sharp advances In prices, metal, which declined to 31 cents cases, going a little bit further General Chester, Jr, orpresident, In more appropriate lor the holiday sea as banks. Insurance companies and an ounce this week, carried with It der to keep the Foods In ball son. corporation. posperlty individuals did a lot of Christmas another huge reduction in the pur- motion. So confident are tome of the In a statement prepared Sharp declines In commodities and Investment shopping at bargain chasing power of a half billion peo-j- industrial heads of general cond- for. securities were arrested, and In the Associated on the Press the state counIn China, India and other prices. t itions next year that they have de- of the food industry, Mr. Chester bond market, particularly, substan While recognizing its causes aa ties of the Ear East. The fall In clared that In the course of a recent ttal recovery was achieved. The detechnical rather than fundamental, cotton has carried prices to the low- of 1931. dividends fog the first half noted business trip which carried him as cline In bonds distinctly had been the sharp drop In the quoted value est level In 16 years, with market At present the bulls In the stock far wrest as Denver he found a more discouraging, inasmuch as this marof all classes of bonds at a time when values under the cost of production. market are patiently for the positive notq of optimum "which I ket habitually baa been a sustaining rising prices had been expected had The attempt of copper producers to passing Of waiting the tax selling period, have not heard In New York. The factor in times of depression. been disturbing, and the rally which "peg" the market price of their metal which has forced thousands of stocks banking situation in moat of the Business statistics, In the main, redeveloped with lightning suddenness at 10 to 13 cents a pound has been on the market. They want smut larger cities he found to be excellent flected little but the expected seaIn midweek, tended to dispel a lot unsuccessful, and most of the large ances-thcommon with other companies sonal trends in December. the sore have been It was of gloom. scale producer! have withdrawn en- removed from the spots situation In"In food General Poods notable, however, that steel mill op the banking Industry, The sudden swing from selling to tirely from the market. and the stock commission house sit- Is planning a vigorous campaign for e rations held steady at a little under buying, with bond prices soaring Obviously, conditions such as these uation. Finally, they are anxious to business In 1931 he said. "The ag. 40 per cent of capacity after several fast as they had fallen, gave rise to art far from encouraging, but they see a definite turn for the better In gresalve isles and advertising policies weeks of declines; freight car loadrumors that a pool had been formed indicate to economic observers the which come so out as reported for the first week business, shortly ings, carried 1930 may during effectively financial to interests by powerful end rather Uian the beginning of after the present month is tom from will be continued 1931. The popu- of the month, showed a larger than in bonds. The received an Industrial depression. All such the calendar. By that time, accord- lation of America is support report constantly In- usual gain after the Thanksgiving no confirmation from usually depressions In the past have culmito some of the Wall street, ex- creasing; more food must be con- holiday week, and electric power proquarters, and Investment nated under conditions such as we ing the stock market will probably sumed, and s greater volume of busi- duction was well sustained. houses were inclined to the view that are now witnessing, and there is rea- perts, the rally could be more easily ex- son to hope that the turn for the bet- be In higher price ground than it is ness seems Inevitable. Bus in res Near That of today. u P).-- Last cir-l- ea 1- -3 year-en- cember, 1929, and seasonal improvement is expected during the early months of next yesr. Automobile manufacturers hare been purchasing substantial amounts of raw materials. Seasonal slackening is reported In furniture manufacturing, lumber, textiles and various miscellaneous lines. d ls PubJiw Christmas Shoppers should n the free parrel eheckint eenrlce at PubUx Theatres; Just aee the door man matinee or evenings. Last ahowa nightly at I M. at Commenting on this same point, Herbert M. Bra Her of the United States department of commerce said, in a department bulletin: sovereign. "The possibility that China will Hero, becoming hard pressed for Adopt a gold standard, despite rec- funds, began debasing he silver ommendations to that wend. Is still coins, reducing the ratio from the gemote. China has not at hand, nor 13 to 1 established by Augustus down can she command, a stock of gold or to 10.68 to 1 and putting the extra told credits such as Would be re- silver into the imperial exchequer. plained., ter may soon be more plainly eviLast Tear, Citlre Report. The visible evidences of the com- Faworable Showing quired. Even were this to occur, and Subsequent rulers continued the dedent on the business horizon. were China to adopt some form of basement process until the silver Banks Liquidate te pletion of liquidation In the stock For Current Year. Reports of the volume of retail market will be a prolonged period of He anticipated the industry would trade were irregular, but several the gold standard, this Chinese could coins were nothing more than base Strengthen Petition. Fast Experience Point speculating dullness in the security make a favorable showing for the cities reported movement of a vol hardly be expected to throw up over- metal washed with silver. The govIn the first place, the market had To Early Recuperation. ume of merchandise comparing famarkets in general. We have already current year. affection ernment wisely insisted on tax pay- leas of a burden of liquidation to bear This night their centuries-ol- d country has passed through had a few such periods, at the end A reoent compilation Indicates vorably with that of a year ago. lor silver as a medium of exchange, a ments being made In gold, but used from the start of the week. Liquidasevere depressions In Indus- of which new selling has always that a group of 19 store of value and material for the the bogus sliver money to pay off Us tion by New York banks to Merchants, however, continue to re Improve enough own obligations. out, which shows how diff- companies ahowed s decrease in port a decided preference lor the arts," their liquid position so they could try and business to know that the broken icult To a great degree the same thing it is to Judge by appearances combined earnings of only 4.3 per cheaper lines of merchandise, and, meet any withdrawals. Their selling worst fears are seldom realized. th first nine months, com- in ths main, slower business In luxcan be said of India, despite the fact Silver Came Early i of more than 1100,000,000 worth of From the stock market standpoint, The decline in bond prices and in cent for ,' Into Bad rices of high grade counter stocks, pared with 1929, whereas 200 indu- uries and noveltla. , Repate. that Great Britain has placed that bonds when market conditions were the swing of the price pendulum, in The fresh pressure against comcountry on a gold standard, and to a Thus did silver come early into bad unfavorable contributed to the de- every transition from good business deluding the New York City bank strials of varied types have suffered a drop of 333 per cent in combined modity prices early in the week ear' lesser degree of other silver-usin- g repute, not because It was considered cline, particularly In Investment obli- to poor, has been extremely sharp in stocks, also shows that the an inferior metal, but because spend- gations which ordinarily continue to many sections of the market, carry- silk stocking Investment institutions net from the previous year. General ried cotton to a new low for tits past countries. The inhabitants of these countries thrift rulers chose to debase it to fill rise when money is cheap. ing prices of good grade stocks to and individuals still prefer cash to Foods will report net earnings ap- fifteen years, and silver metal to a re used to silver; they apparently their own purses. proximating those of the previous new historical minimum. The nearlevels which make them appear securities. technical The stocks of from rally er deliveries of wheat still reflected yemx." like it and It would be s prolonged Aurellan, history records, attempt- the bottom level of the year at mid- cheap, as Judged by all the accepted Bonds Offer Beat successful stabilization, but the July task to convince hundreds of mil- ed a reform about 370 A. D, but those week tended to standards of value. Research Helps restore confidence As Course for Small Buyer. lions of Illiterate Chinese, for in- who were profiting from the maldelivery sagged to the lowest price of a five-yeperiod nervous seller who had of the resultfrom since 1901, In sympathy with heaviThose who are still hesitating Food Industry. stance, that tbs money of their fore- practices stirred up a revolt which among their bonds of the first prosperity, part of dumped regardless 1935 to the latter part of 1929, thou- - about entering the fathers was po longer money. threatened the security of the honest their stock market Mr. Chester regards the success of ness of Winnipeg. Copper wu reworth. also served loosen to It cent to 10 cents a ruler. of successful business corpo-ha-ve could do no better than to keep a Important research and scientific in- duced one-ha- lf Silver Money Here the purse-strinof potential bond sands rations England early adopted silver for buyers, who apparently accumulated comfort- - constant eye on the market for good vestigations in the food field as an pound, but the further decline stimhad been Te Stay for Some Time, of the year ulated foreign buying. most of Its coinage, and during the able aurluses in cash and property bonds. A definite upward turn in Important development waiting for evidence that the bottom and the; Most of the weekly steel trade rebond prices, coupled with moderate which it Is anticipated will prove It is a safe assertion that, whether reign of Henry VIII it suffered the had been reached before making new to beneficial con- views found that prices of steel prodsame health and use its decreases or increases, stiver debasing process as it did in the commitments. to public lmprovementa in corporation profits, the splendli weather position They began buying storm ucts were being well sustained and the last fifteen to eighteen will be the sure signal of the end of venience. money is here to stay for some time Roman empire. day following the upturn in months.of That The securities of food companies that conAumeri were showing into come, and in considerable volume. The metal, while used In the Ori- the is why the biggest the long decline in stock prices Unstocks. It will not be discarded even though ent for many centuries, apparently bank crash in the history of America til these two Indications appear more now form an Important group on the creasing interest in contracting for itock exchange, he add- first quarter delivery. It is expected its value does shrink one-ha- lf has caused so little genuine distress clearly on the horixon there Is no New York or did not come Into wide use there un- Ran Securities Aa of December 1, the 49 listed that ingot production double in the space of a few months til the western world began trading Head Movement. in the market as a whole, not forget- need of any hurrying in buying ed. may be rein this group stood fifth stricted further during the holiday And unless its gold value is stabilised with the far east. Once it was escompanies undefor who those of except stocks, the course, of victims the ting. Seldom have the dally movements by legislation or by other means, the tablished as the money of the trader, in bonds been aa wide to consld rstand that they are buying on a scale in total market value among the 38 weeks, when Inventories are taken. as they were crash, who have beento ut silver-usin- g however, it became the measure of sa y the least downward. Those with millions at groups represented on the big board. Some observers felt a reduction to Inconvenience and stable of last crash in the and week, prices countries are doomed to repetitions the oriental's wealth. They used it the same There la parallel tor the present their command can logically afford Chemicals, oils, rails and utilities 35 per cent of capacity would be logiequally was true when they situation for hoarding, for exchange, to decoof disastrous fluctuations. in the financial experience to buy in that way. but the small man alone outrank them in this regard." cal, but expect the seasonal upturn their There steps. began tetraclng in January may carry operations up To see the metal in its proper rate their women folk and to pay was decided revival of of 1907. The closing of the Knicker- with limited resources will still find 4Interest in to about 60 per cent. perspective and to accurately evalu- off Invaders who demanded tribute. railroad bonds, and particularly sec bocker Trust company and the plac- his most comfortable poeitlon on the Aoir ate lie hold on the world, something Barred, by poverty, from amassing ond-graElectric side line. Issues that have suffered ing of the Westlnghouse November BusineM Of Its early history must be known. much gold, the orientals fastened the most in recent months. In company into receivership occurred Report Records Drop. No one can say when sliver was their affection on the white metal, an (Copyright, 1930, King Features VAUDIVTLLK AND mCTUUCS. days railroad bond averages near the fag end of the depression, Tho Annalist preliminary index of first used or to whst use it was first affection which persists today despite three ORPHIUM Syndicate, Inc J botOn th. Knell, "Africa and the market touched stock 3 was advanced and there first sound picture aiad in business activity for November was ftpeak, tom nearly six months before the ac put. Jta history extends back into the fact that it has lost caste as an a good demand points, on tba for also and Africa, headline triple utility announced at 76 5, the lowest since money, tual upturn in business was ushered vaudeville bill. antiquity. The most plausible guess international 1908, and while this may seem As the western countries, one by industrial issues.served to restore con- In. It appears that the selling wave is that, like other valuable and comON THE AUDIBLE iCHRlf. The recovery showing, interpretation in GAWTOL "The Bet Whiper, a myt-te- rr gloomy haa been considerably overdone when paratively scarce metals or stones, it one, demonetized sliver its flow to the fidence In the widely-hel- d belief that on dramt with the Cheater of this indexs light Marnlfllm, history first gained favor as an ornament for far east increased in volume until 1931 will see stocks Industrial of corporations also Morrla,and aa Andy Cl4ii comedy car- Is quite otherwise, for itlong precedent upheld with which have women. From ornament to money substantially more than one-ha- lf is now at the a heavy demand sound nave earned their divitoon fully coupon-bearin- g for the is PARAMOUNT which level In at is natural evolution, and there are worlds production wag being abAlone Cbariea Rofprc in 1930 are selling for from consequent high dends Came Youth," with prances Dee end believed to be certain consumption to overtake proindications that silver made the step sorbed by two countries, China and obligations and observers five to nine times annual net earnErwin; alao Charlie Chaae com Stuart comment although prices, duction, and the recovery to begin. In China forty or more centuries ago. India. . edT. novelty and sound newt much depends on whether indi- ings per share. VICTORY Wallace Betrr and John Furthermore, it should be explained It is certain that silver enjoyed Thus was created the peculiar sit- that in Wa for Sailor." Inventors vidual turn with to Jim strongly Declare Finns wide recognition as Ull Hranu, aleo monkey that this index does not Indicate that measure of uation that, while allver production bonds as they have in 'previous Many Tullr andecrocn adwod.ibe Is volume of business has fallen aud comedy, almost a monopoly of North aapshoU wealth durmg biblical times, aa the Early Dividends. new. Bible fairly teems with references to America, Its value Is almost entirely slumps. Hovers end Haney CrroU anywhere near the levels of twenty-tw- o The Ihference from selling of this Follow Thru ; aUo ooraedjr, ecreen years ago, or even near that of Whui Joseph's Jealous relatives dependent upon the absorption The bone-lik- e skin on the tops of kind is either that the eellers are Curb Market Recovers Part In wet. sound newe end e aerniic 1921. It merely indicates the extent sold him Into exile their price was power of the Orient, a power which our fingers is one of the marks left compelled to liquidate at any tola Moran in "Not Damaced; RIALTO price, of deviation from ths normal rate comfdr, novelty end new twenty pieces of silver. Judas be- Is extremely sensitive to rainfall, fa- from the time when wa walked on or that they are anticipating lower Lonses After Heavy STATE Paul Whiteman. John Boiee end of growth over a long period. trayed the Master for thirty pieces vorable or unfavorable winds, inter- all fours. for the same corporations LtPIinte la 'Ktnf ol Jen"; eleo earnings The Atlantic states shippers adof silver and then threw the fortune nal strife or governmental lnterfer comedy and mvb. Liquidation. EMPIRE The Phantom Desert, with board estimates that comat hts tempters' feet after he was ence with the monetary system- visory Jacfc Perrin and Ewe Novak, alao oom-ed- r. modity stricken with remorse, shipments in the Atlantic TaJkartoon aud 'The Innovelty MOUND REVEALS POTTERY. Are Oominv. states during the first quarter of a ,rserial, dians -Silver Used for Coins Third "The Alarm. with Jam HaH. 1931 will show a decline from the NEW YORK, Dec. 21 WV-T- he LAWTON, Okla. (UP) Boevorth and Jean HershpU; like curb market reached another selling Hobart Centuries Before Christ ' alao comedy, screen act and novelties! RADIO STATIONS of pottery, arrow beads, shells, grindperiod of 1930 of only slightly beclimax week last and promptly Hertx. wrote twenty-foWST cenLair Salt K KOA Draew , toSSM )M 11 IH stones and rocks forof ing unusual KDYL Salt Lak. ...... fate KOL Saattl gan to retrace lta steps. The turn, i I M 13701 turies ago that the Lydians made mation have been found In an anfc KPO San Pranoiac KFTLta Angelas ,...,.44 S M f M 60 I .,.40 coming on Wednesday, found an obsilver coins during the reign of 8ygea, cient 10 K KOO Oakland K PRO San Praoeue. .4ul I M I"9 M on the banks of Cache pound viously oversold poeitlon throughout about 700 B. 0. Mines which sup- - creek, near here.. . J6li iff kOW Portland 41 4M 30 K every the list, and, although the basis of plied the ancient Greeks with sliver rock found appeared Practically as been if It had VMM the rally was short covering, its effor coinage purposes are being in a fire. Edges of atones are the Worked to Urls day. KDYL CBS, Vtrelnla Arnold, pianist. fect on sentiment was immediate. a, to unusually sharp, Near the mound 6.96 KDYWOood The market met little secondary sell' Moraine. During ail this period the metal bones of some prehistoric pn1ma)p KSL Shopping (utdes, :kb?L-CBaheld high favor as Jewelry or deoo-- were found ing late in the week. KDYL CBS, "'Commodoua. Tb Old Dutch Old." i, recently. Oils and Investment trusts caught 7M t. ( lfstJtBft Mormon tebmado choir. the full storm of the early llquidA' KCt, HfTllI. Womtthlae Xr.rrfor CBS, Kdyl tlon. The former group was exlfsLtook market auotatlona, on..' T:X . m. tremely soft. Vacuum breaking 13 KSLilBO. Phlt Cook. KSL Bmkfaat club. GParanowiQ Youth Sow Another Wild Oat or Two . . . Oay Comedy Romance. ed CHARLES Wuddy" ROGERS , Persaeunt Xnu Peator A Holiday Along Came You ill ' With STUART ERWIN CHARLIE CHASE Comedy HIGH C's" ar gs silver-produci- VDctroafff Th iter of "Big House end "Min end BUI is back I WALLACE BEERY JOHN GILBERT A rough 'n ready romance-comed- ng WAY FOR A SAILOR - snowim de LEILA HYAMS 1- -3 Polly Moran RALLY STOPS SELLING BOUT Oil-be- rt. OEM--Ctia- it BeellaUo Mystery on tb new MognUIlm . . . , th wonder of 1930 In talkies. THE BAT WHISPERS rlt( lo of With lure CHESTER MORRIS TURNING THE DIAL ur T iu W a RCA TUBE Service mSS AUERBACH CO Free mew ysur& .RADIO PROGRAM IIING out the old . , , Ring In the new I Star! the New Year right by using the tubes that bring yon ALL that the micro phone receives. Install RCA Radtotrong, because 17 leading set makers eay: They give 100)f reproduction of tone. Their choiee la your guarantee of far more radio enjoyment for every program the whole year through I ... Tit . m. KHI, Momlnr shopping V. S. Nay KUYL-CB- S. l.t KSL If. T. Stock BUkit, . m. I its KDYL-PoUo bulletin. . M. S:S " KDYL Th. Wou 8pmI!. 8:48 tit Radiotronsiiaj THi HFART Of YOUR RADIO 'MKslvoc ( KDYL 1:S INTER-MOUNTAI- Salt Lake City Distributors Pocatello for RCA RADIOTRONS MteotioQ. ' K?yu-O- ra an."Id. for th am CBS. Columbi KDYL lt:4S . i. Home -- t.vu, KKL Dlet.rv dlKUtelo". KDYL "M.lodY Momenta" a"Breeth 11:. i. K.I KDYL CBS, th. Awno." of r.ul Trunin.' a a. ksl "Of Intern! 11:18 tliS .!.. KUYLl-Tal- kl KHL-N- Ba OIXbM-t- r. l:M a. m. t.to to XoumwItm. Tun..." . Aid to BouMWtv a. lid KDYL KSL-K- MT. Tb World Bookmen." "Meuirtno of tho Air." ilufcu. to . , KI "MuIcbI Menu." Hamblen." Kdyl cbs, "Rhnhm Verm 11:48 B. te. KSL ' m. 1:M 1:18 . KSL Brr!tce.r KDYL' Melodr m. . Trelofua KSL JfOTllf Breaentetlon. KDYL CBS, Columbia aaloa director, p. m. K5IKBC. "Amo. W Andy " CBS, PlsYcher Henderson' chestra. KNX "World Tour Procram." p. ah f:ll KSL PlrMlda Knl.rtalners " Koo .' Southern Harmony Pouf." 11. a aa. KDYL "Merry Christmas" KOO "World Wand.rtnss " KPl "Th. Royal HawaUan." KNX Studio Biuslc. 14:18 p, m. KRL "tt Pay. to Adrertlao." Krl "D-1Kmperor." K?t, bi.t'nrttre mu1e KDYL' Bundle of Blues " KOO Pacific National Slncen." KPl Concert on h,Lr. KPO R.dlo feature KNX Th. Itev, Xtbcl Duncan. M:W . aa. KDYL tftaht club srehaetra. 114 f. a. KAL ' Utah Buek.rooa " KOO "Musical I choc, " KPO Hotel dance orchestra. KNX' Arisons Wranira. U:!S n. a. bulletin. KpYL-Po- tle KDYL "Dancln lest." , ovcht. KSL Mueleal Interlude.. KDYL CBS, Ana Leaf, ouanUt. I:to . ak , KSL Concert of claeilca. KDYL a rear band. aa . m. CBS, tj, U:M . m. "Mueicel Momuti." . , XsL koo w.itar punwr. KDYL CBS, Wtrdman bold. U:N aildalffci, t . an I:M t KSL Pip. onr.n tonrect. K8L 1YBC, Btorv procrem. . ' KDYL ' Mldr.t.ht Melodies KOO --Hotel dance erchretra. KDYL CBS, -- Orvtj Mutlo Maiten." KPO . a. 1:J Midnlsht Melodtee KNX Coco.nut Grora orchestra KSL Amusement tipi. 1 .to s a. KDYL-Jtl- ne KL-Sil- ent danct mini. a frk ' lAil.tt s, i CHRISTMAS NIGHT THE Klale-LIcni- EX- - - KDXL fiisoins Oft, or- later. Reports a large banking group had been organized to support the security markets were widely circulated at midweek, and, although they were authoritatively denied, speculative sentiment had reached such a state o( nerves that the rumors quickly started the hasty buying which turned the tide. The rally, however, was less spectacular than the rise on the stock exchange, although it was Verdlaaa Cawra PntkMim CrrU B.leva.11 j fntw tom. tart. Mm tmw REBOUND By America's Foremost Humorist Donald Ogden Stewart Gay Holiday Popular Price Nights, IL fte, SOe, Me Bargain Matinee Sunday, NOW DANCES OLLOW Thursday, Saturday 50c, 35o BOX OFFICE OPENS AT THRU Valtss Ilito taiui Mmk OkgQOtt rfcon QQtmmml tykrtwit Zelma ONelWack Haley Comedy Screen Song Swand EMPIRE SS78 NEW 18 A. M. TODAY n Stag Opening Night Yur Season Rtoorntiona Reception MUU TUESDAY Early Wasatch 1411 Newt NEW 0 Phone Was. The PHANTOM OF the DESERT' Jack Perrin, Era Novak SANTA Give Ftwrats atlon Mania 1.11a BBIsn Mauler . U. S. Forms Negro WASHINGTON. Dec. 21 of a national advisory committee on the education of negroes was announced today by Secretary Wilbur, who said the general purpose would be to consider policies to meet needs of the race. Dr. William John Cooper, commissioner of education, and Dr. Ambrose Cailver, negro education a pedal 1st of the office of education, will direct the committee activities. TWO ATHLETES nNED. LONDON (UP). A famous woman' tennis player and a popular British boxer paid fines In court here for speeding. A constable said on separate occasions Miss Elizabeth Montagu Ryan and Leonard Austin y each traveled at a epeedof 41 miles aa hour. Each wu finfel 20.t J. Ba4ih Hal. Inaugurate a Season of Itegttlmato well held. Education Group Players er Ckortott TrasJvay Pane haa Ererhart 8, ement KDYL Tmoua JUclpoa" SL-- ma, IS: Novelty KDYL CBS. of Son Amalso KOO "The Umpire Bnlldere" KPO Lot CabaU.ro. orchestra. m. I:M KL 'Th Jewel Bo " DYL "Mirth Quakers " OO "Popular Tunes." KPO "SrmphonleU " erehtt- KNX Studio plaren, Oeoryl. Plfleld, . 11:44 KDYL Melodtea U:J.- m. RCA TUBES ELECTRIC CO. N MtoeUona, ChrUtm.. b.nr wwlp. cua, j.ul Trunin. KDV KDYL AUERBACH CO. Headquarters for "nht t Jor." Coatruu." o, 13 Wasatch 1471 Only Legitimate Theater OPENING Utahs '. Mntlc.l vrltt... KL KUYL Musleal Interlude. e. te. kbl--intKDYL at was actively sold, while Gulf and Humble Joined the downward move with sizeable recession Substantial recovery from tho bottom was witnessed when the advance so got under way, : kBylScW. "Arabesque. Electric Bond A Share, United Lake Mention Of Labor, Light A and other active utilities were not exempt from pressure, alChorus of m roles. though the end of the week found KDYL CBS, "Marti Oraa.",. them back at more familiar levela "VsLHBC. "yamllv Party Industrial specialties broke widely. KDYL CBS, "An Kvanlns IB Parti." Dixon Crucible lost 19 points, United as. IBj. KSL Western eooeert hour. Shoe Machinery nearly 11, AlumKDYL CBS, "Th. Led y in tb. Smoko.1 inum of America 7 and Deere 9 as KPO "North ..tnerlrans the selling reached Its peak. There KNX "Th. Honorable Archta." 4:1 a. as. was, of course, considerable improvKNX studio ice, PLAYHOUSE &lTlt VmMUm. KOYL .. m. points and Standard of Indiana sagging to a new low at 30. Cities Serv- "Album of Musicals." Bamblinaa." 4:40 a. m. KSL Criterion male quartet. KDYL CcU and Sallr." KDYL Dinner hour vartetleo. 4. to a. m. KSL UlUabath Bant Blmpion, KHL "Llltl Mcalcsl Journeys. KDYL Orsaa vteatttes. a R.CA KDYL hint. bud. M.lodlea." a, . Plus Noveltie. Comedy and News T Crayon Comedy, Talkartoon. Serial IOC Wednesday TALKIES XMAS EVE TIMAS MITE LOIS MORAN 10 HOT DfljjflGED Bight And, Then Comes ths Big LAST SAT ISIS THEATRE ISiS New Flaying Pint Showing The Greatest Thriller of tho Tear DANCE THURSDAY Starts Christmas Day la WINNIE LIGHTNER iEsiSnii TODAT AND TOMORBOW Mak yonr Holiday plan now. Muilciwret with rhythmic beat: Happy kmrta and sliding act. JOilil COLES ' LtsraLaFIssls Also BIO Comedy, and Har-vy- Next R Screen Other CAST ' VaudevUI Noyeltie. Act Attraction BUCK JONES la "HAN WITHOUT LAW. Ki;:sof jazz With PAUL WHITEMAN COMEDY NEW NOVELTY |