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Show THE CITIZEN 14 TAXPAYER FINDS BIG DISCREPANCIES IN BOOKS NEW OFFICERS ELECTED. At the annual election of officers for the Salt Lake Stock and Mining Exchange, W. D. Nebeker was reelected president by the unanimous vote of the board. Irving D. Lowe was elected first vice president; B. W. Dixon, second vice president, and Fred C. Dern, third vice president. Mr. Nebeker, who has been an active mining man for the past twenty-fiv- e years, says that indications are that the coming year will even eclipse the prosperous year just closed, which was one of the best in the life of the . exchange. Editor The Citizen: I am sending you a copy of communication sent to Mayor John F. Bowman, and I believe the public will be greatly interested in this report. All the figures I have used are taken from the engineer and auditors reports, and I believe that the following tables will conclusively prove that the books of our city should be immediately audited to bring out the proper balances which are lacking. I hope that this will be of enough interest for The Citizen to publish. Yours very truly, CHARLES J. BENGTZEN. To the Hon. John F. Bowman: Mayor of Salt Lake City and Commissioner of Water Supply and Water Works: The writer wishes to call your attention to actual conditions, as records reveal, of some of the water main lines as carried to January 1, 1927. Assets and pipe lines of the distributing system of Salt Lake City as given in the Auditors and Engineers reports for the following years: Year Eng. Report Aud. Report Distributing Mains 1917 ....$1,998,392.00 Not at hand but available ' The Salt Lake Mining Stock Exchange has had a busy week and the better class of stocks are in big demand and prices are generally going up; The big recent strikes in some of the silver and lead mines means much to the industry. As soon as the snow clears from the ground, mining men predict one of the biggest booms of the industry in its history, all of which means so much more prosperity for the state. The stocks closing Wednesday showed the following prices: SALT LAKE EXCHANGE I Bid 1918 1919 1920 1921 1922 1923 1924 1925 1926 Asked. .... No .... No report pub. report pub. 2,695,880.00 $2,774,476.71 3,029,206.73 . 3,245,752.62 2,748,173.70 2,783,282.85 2,809,524.69 2,878,571.28 ...... ...... ...... 2,952,045.40 3,025,693.09 page 37, for 1918, 11,776.9 feet mains. Estimated from the 0 cost of by the writer, cost per foot 2.240. 1919 engineers report of 1920, 1920, 6-in- METAL MARKET Copper Lead Zinc Silver 14c 6.50 $5.655.67 56 c Some of these days that boy Lindy will be finding out whether Mars really is inhabited or not. For example The V. S. Bureau of Standards In a recent test, reported that Vico had teh highest flash point of the thirteen leadAmerican oils tested. This ing means that Vico stands up under motor heat the best and when an oil does tbnt It gives the most dependable lubrication possible. . .Try Vico for your next 1000 miles, and note the Improvement In your motor. A for every car one qnullty! grade Manufactured and Guaranteed UTAH OIL REFINING CO. Salt Lake City ch $23,-725.0- 8, 1917-192- $6.15 page 37, 4-in- ch, 4.756. 1919. 2-in- 2.140; ch, 7.416; 6-in- ch, p Constructed in 1919, Estimated from cost of 10-- i 19i.j writer, $11,165.00. Total, Total cost outside of $115,100 county in There was added from 1918, to Dec. 31, 1920: 8.188.0 feet of fl supply system. 16.730.0 feet of m1 t supply system. of feet 5.864.6 mai supply system. 6.401.0 feet of mat supply system. j 1.283.3 feet of maif supply system. mak1 1.283.3 feet of f supply system. 7.966.6 feet of mair supply system. Total 46,433j? 1918-191- 9, 12-in- ch 16-in- 18-in- ch 20-in- ch 24-in- ch 24-in- ch 30-in- The ch ch last five items were tat the supply system from sever that cost the city the sum if 136.00 leaving mere skeleton? original and entire disappear? some lines Why? What c motive? Two supply lines it solidated under a new namef namely, City Creek high liil main and Capi feet line, 800 feet now named Valley line, 14,250 feet, cost of the bond monies of 1919 tor the name. Total cost of water main? boi? sions laid from 12-in- ch t A sive: 1920 of the two accounts of this same item, namely $549,872.62. There must be something wrong with the system of bookkeeping in our city government. The writer has not made these records but simply copied them. Why this enormous overvaluation on the part of the auditor? What object is sought? Water main extension laid in 1918 and 1919, engineers report of onstrated Its superior quality. 19i 1920-192- 6, Why is there such a difference in Wherever nnd whenever Vico haa been tented. In laboratory or under actual driving condition!!, thin famous oil has always dem- 6-i- nf writer, $80,210.48. STOCK EXCHANGE LISTED STOCKS Constructed in 1919, Estimated from cost of 6.477; 3-in- ch, 1.777; Taken over from 8-in- ch, county in JB 1920 1921 1922 1923 1924 1925 1926 52i 35 S ........ 8P $42F Total By deducting $82,458.11 f? sum given Dec. 31, 1920, whic? tl? 695,880, leaves $2,613,422, of distributing mains January! The amount of increase in. of distributing mains from Ji? 1918, $1,998,392. To December 31, 1920, given as $2,695,880, an inc $697,488. There is no mention of aij, from the supply lines notwitK the auditor adds $539,872.62 J 1920. Why ? These are PATRONIZE A IflS OWNED RAILRO Route your carload via D. & R. G. W.-Proyo- ship? 4J U. R. R. for expedited We operate a daily Chitf Salt Lake City merchant & via A. T. & S. F.-S. L. & U. R. R. Thun convenient uptown delive D. Investigate free pick-u- p livery service provided!, J t shipments. SALT LAKE & RAILROAD CO, H. I. Moore & D. P. Aberf Receivers ALDON J. ANDERS Traffic Manage |