Show Sunday Morning- ALTA CON $40 I John C Cutler Jr local investment banker In his weekly financial review says: With the advent of Christmas busiBY BROADAX WALL ness conditions have Improved and By International New Service there is a brisk demand for holiday — stateNew York Jec 22 The actual bank ment today showed a decrease In surplus re- goods The final estimate of all crops in serves of I93CC5440: loans decreased The ni5755OCO Utah net demand deposits decreased shows that good crons of wheat decreased statement showed average potatoes and beets were raised while surplus loans decreased $46519S(w0 and cet de- the fruit crop was large and the can-neBemand deposits decreased S6C150CC0 successful season had a were abunsides nearlyvery all other crops The stock market was dull fewer than the farmers received fair shares changing 'bands Cbsnge were frac- dant and all for their productsdone well as prices General In in tional except nearly all Issue The have stock growers Motors and National Coudnit The latter made food prices have been paid for sheep a nw low record after a break of I'i points entile and wool while the production the mines was heavy General Motors elosed of Merchants sending it down to 14 and bankers throughout All the the day with an advance of 2lj points motor were well taken It was said that the the rtate say that the volume of trade ' Corn r roil nets company wa having trouble again has been large during? the year Several hundred thousand dollars In in getting raw material for all of Its plants dividends will be paid by the different owing to freight congestion bond was a fea- institutions of the state the end of DeStrength of A The ture of the day the price of n'i being re- cember and early In January comcorded This is an advance of more than 7 point books of the Utah-Idah- o Sugar In three day The upward movement cheered pany closed on December 18 for tre -extra the entire market It I understood to boi due per cent per cent regular andto1 CTST en9050 pay-abto the bad weather In Frame which dividend amounting to strengthen their line In abling the alii the 31st of December The Home German drive preparation for the expected belief Kire Insurance company has already Railroad rio express the that vsst its 4 per cent regular and a 3 per will be seen In traffic condition in paid cent special dividend amounting to the immediate future They say the chief trouble the Deseret Savinas bank paid ha been in the mulfipHciry of priority or- $31000 and the Zion's Savings bank der of which some SW have been issued at $10000 $23000 Washington Certain department head have In- f paid Next week the books of the Amalsisted on siTing priority ro tre shipment several for needed he gamated not will Sugar company will close offora that supplies mouth the road with unneces- the payment the end of December $174-fithus clogging to be straightened 3 per cent dividend amounting to sary freight Tin- - tangl and the Consolidated Wagon & Maiti t aiil priority given ! - shipments of si! kinds Iu projiorrion a Tuey an- needed for thes chine company closes its booksamount-inconA 1 a r'ult of tld remarkable blunder in cent dividend per quarterly sm of t!r steel nection with priority order to $42750 payable December 31 mill hi the Pittsburgh and OM’ district "xe The Beneficial Iife Insurance company utiabl SA 'living working at 2 to per cent of capacity will cent pay per amounting or roil to got shipment cf material will bank National the Deseret $3''0 of action STueh importance attached frr the to $15090 cent amounting: in htijlnz pay 3 per Jfe the T'nlted State stel Co will pay 4 3 percent lisiancc-ltax McCorniek to l sufficient treasury obligation That corporat'uii wUI row amounting to $28000 the'lnJand Cryswhen dii payment need no money whatever to pay It tae anil tal Salt company pays 1 per cent and company Merchants thus the money situation will bo relieved Al- the Layton Sugar n made It bank company National have nt though announcement I City nniertiod many other cortmratiunon have acted Bank nf the Republic National money bank National Copper bank Utah Fire likewise and the expected strain ije market for taxpavlng will rot materialize company Utah State National In genera! report d'fflealty In get- Clay Broker will bank and Walker Bros Bankers of this end ting time money This difficulty makes it the dividends their pay for them to handle all tlie investment month or in January 191S ceme to inine that would eth“rwie accommodatethemtheir These dividends with the interest they Thare unable toI made that It would disbursements will benefit the people customer snggeat'iin so that- they can make payments for lie win for the government to rive special atIted Cross Libert ' lean bonds help the market t:me to the money tention are in want who those work relieve ni-:limit stock and send presents to Rladden and cheer the soldier boys trading? in There is oulv moderate -American Bert Sugar close approach the with securities local nu ricau t an of the holiday season America u Car Jt Foundry 2C0-00- rich ore e high-grad- c lae pick up lyn level In 25 feet it should be reached hoot a Also a drift about 25 feet from same ore winze should catch the level afshoot below the Brooklyn of vortical feet 2" remlv fording territory stoning In oiihn to induce stockholders or cumpanv to have certificates made t'e Is out in their own name the company to for the next thirty days offering make transfers free -- ot 11! rg'o-Frenc- 0 h b' O 1 corjr-rarie- In-poS- - v 1 American laicnmol ive Auicr Sntcti 4k Kef Afinr Sugar ItcT Aruvr T d & Tel I 5c An er Anar-nih- 11 V A W S S' I k Ohio ADVANCE AT CHICAGO Btltimore Itntte A Sup Copjier Cal Ivtrolcum Ci'iadian l’ti'ific C“nrral leather i'ues:i nejlci A I'lii PV jnS’Kril F I’BITgilARD Mil St I'aul and C A Niirtliwwtern There was stronger I'luiM! Ie ' Ui— f trade board ' corn I the U market fir higher lac ctf The buying wa ChiUo op&per the gains being Were the aud A m“‘iuut 5 offering u Inin siert Cob imiiilf in Tb of'en interest In this Corn lrott':c:s Ucf at tin time ei-fnew!iat larger than baa been Kriiii la Stre! this fact Crucible traie and estimate I !r Citbit Can Sugar dewas today when the 1‘istilirrs’ mand improved and priees were carried upward trih of level the morning Gem-ra- l harpir from the a help to the General Motors The situation in cash coru was i corn s a as the coming for- Great Northern futur-and long ward In damp condition there is no likelihood Great Nor re pfd ctf of values sagging n aur extent Onrml were made in the oata mar Illinois Advance ot Corper ket and the undercurrent was one of strength Inspiration Inr Mcr Mariie pfd with the gains well held Iuternati-miNickel The advance in huf at the yard and the International Paper were In the pit the strength- K Soiirliern covering of shorts in the market for hog product Kennecott ening factor meat l‘oPr for acid been and lard has I runtlderable V domestic trade in the MaxwellNashvil'e Motor export ae well as to th will be withdrawn from i east and these products Pctrolenm local stocks during January and February M ia:-- i i t'opper In mean a these reduction which will probably Missouri Pacific Power supplies Nevada Corier Leading futures ranged as follows: New York Ortra! N Y N II ft II Norfolk ft Western Non hern Pacific Pac f ic 31 ail Iwc u 3 Iin 41 12‘A- j 1S :r Vi j 4ii IslV —1 ST’ U IT 36 t f — 4a ’i'i 4 f llh l Z — f STOefKS 4'i 3 4o- ! 4 2 et-a- te riy t 15 3f4 I 't Mt-et- rie i (! ! l M‘--ai- a penrtyvl vi:i:i Coal h Kay Coti Keuding Ib-Inm & Steel Aria Copper Shit nick Ibe-fl-Sont’-eriSoul::’ri Kaiiwny i t ieailli I T! S T I I o Al-'- -ot rl W--te- Witingt-i‘t- Itye— No — 3 1 ltiry I 'I ini niijr — 5 t 'lover— Clii'-ci'J'- 'J 55 standard 77q7V j -i Ncrura! pork — I aril — 3 B Ilib— LA l Klei-ti'l- tor the day 17Sn0 share Total sale rfv KKSOIKGES Gulil coin and oertifieBt' In vault :'ttl-nieu- fund— t fnleral reserve ia rd ?32"iV-4)Cforeign rgenele gold lie'd by hank t'l4j4'Ji ent S74Q3Tf70CO GM witii Ikllij reitenijU Ion fluid Total go!-- l irwiro Jl 6455 l K’-r- - n b i!'tr!t a-- Total liil! oo t ! c : " ti-- e :d - 'Fru Irr r er one-seven- th fg ta-'tl- mi Pipe Lines Cover It Is reported from New Standard Oil own about total Iu building up It own transportation system developed a network of" trunk fie oil in dii try ha and gathering line reaching fron the field to the refineries located on the and gulf coast the Great Luke eatern sealmard melon and in ranada field to Etvnnne N J From the 1 a distance of alsmt i:M mile The transptir-tatlo- n rate on a barrel of oil for that distance -cent Is The present complex system wlrh it pumping stations at certain distances Bnd overcomihg physical obstacie nci a mountain and river ’ was developed gradually and cautiously nt midi-ontine- f f nt tender nit:- - ti5(?tiCV uzenilH-- ertr (i:Hvtiel r etc r JITTJOO and federal re-er- e hank market S227&43C0 Bii Umg'it : i‘i Kili-'2"iil Total hill nil lnni C S gerunieut long term securities I S government idiort term securities 13'’0n fll’'120T Municipal warran 61051132000 Total earning In-frim other federal reserve hank —net $41- 375 Oft) item fK3574C) 6554943- Total dtdurtiuD frvm gnws deposit ooo fund agaiot federal cent redenirti-iFive reserve horlt rote 13:7(K-- i All other rfaource Tetal tMMgre S31U'!ri'5ii LIABILITIES iu $69S530i4 Capital pa!l 621 731 000 ars e t i:V bulk nf sale Sheen— Receipts ewe 1540 Market steady 2921 Lambs 9C?j 1004 14404 MarClileago lire 22 — Hog— Receipt Bnlk of sales 16304 160 Tight ket strong 16:54jj 15041 167": nilxi-- 4 161l"7l65 Irepvy 1 6 Si 1150? loOf rough 1605f1620: pig 4S Market ateady Native 'a tile— Receipt steer 63ftfl''3: ster 725 ti 1435: western Stocker and feeder 6 25 J 10 25: cow and licif rr SlOwllM calve 9Ji 'SilQW Market steady Wetta 10U0 Sheep— Receipt 15 b9 ewes er iCOllS0 Kansas City Iee 22— Ils— Reeeipts 2440 Market steady Bulk of sale 1575jl64-- : heavy paekrui and liuleher ltyAI4Jf: 1634 pig light' lsr!f — Cattle Receipts imd Market steady Prime fed t‘‘Cr 125dVflf99: dressed beef steers 1100 &751 1060: cows 5501? western steer 15Cvtfl6M Arabs watch British troops pass through Bagdad The streets of Bagdad celebrated in song and story as the seat of oriental revelry are witnessing more serious goings on these days The photo shows interested Arabs watching a file of Tommies pulling a big British gun through the streets of the city UNIVERSAL SERVICE PLAN PREMIER HUGHES LAID BEFORE PRESIDENT Fort International News Servles1 Sheridan 111 Dec 22 — Out of Bv reserve officers training tlie second whii-Just ended at Fort camp Iifrlifi Flieridan has has come an idea which Criticism of Conscription may solve the problem of eventually universal military training to its sponsors The idea contemplates a sysReferendum Methods in tem of summer training camps in each the state not onl)' during but after Australia Cause war The plan known as the "Fort Sheridan Idea” already has been laid before President Wilson for his approval Vancouver B C Dec 22 — A special The Fort gheridan Idea which has cable from Sj'dnej' Australia to tlie eon worked out bv Colonel James A Vancouver "World commenting on the officers' trainRyan commander of the the returns from the conscription referenfor camp dum says: ing provides training of 1UOOOOO men between the ages of 2u “Premier Hughes has so far refused and 22 during the summer of 1918 for to comment on the result but the genservice during the war It provides is that as soon as the eral FOUR-YEA- R Impression also for a continuous scries of summer is officially announced he will result after the encampments iu each state tender his resignation There has iieen war which will train in four succesmuch criticism concerning the method sive seasons all men between the ages in which the campaign has been han21 i7 and of dled and Insistent demands are made it will Sponsors for the plan believe for a new leader of the nationalisis Maximum Sentence Imposed give the United States a nation perIrvine or Watt being ihe men most war without mentionel as the possiprepared petually against prominently the burden of a great military estabbilities oil Leader of Conspiracy lishment It will do away it Is de"Western Australia soa far is tlie on1clared with the national the state which returned guard majority Canada Against state militia and all other training conVai3 tl In New South more lSSOO?” led than vote 'no' tingents by Detroit Dec 22 — Albert C "Universal military training can be about with training periods who with four otlurs was brought limited to three months of each year convicted In the federal court this June and August the months July INTEREST IN FARM when schools and colleges are closed morning on a charge of conspiracy and on men are said the vacation sentenced was against the government in explanation of his Ryan a few hours later to four years in the Colonel men could be States “The young method federal prison at Leavenworth Kan "After the war the universal mili-tar- y be extended to and to pay a fine of $2000 It was trainingmenshould between the ages of Include all the maximum sentence possible under 17 and 21 that is on June 1 of each WATCH HOW the law for conviction on the three all men who have become 17 durj'ear The past w’eek's trading in Salt Lake counts RKainst him at the the reportmonths’ ing yeartheshould three past for senMrs Ida Neef his sister was estate has shown considerable inreal first state TAX INCOME THE camps on men terest in farm properties considering tenced to three years in the local Louse who June all second training 1 had become 18 years old should reof correction and fined $15040: Fritz of inquiries that have come the trend AFFECTS YOU A Neef her husband and Carl Schmidt office of the Associated the for1 training to the camp through port and his wife Maria were sentenced to i had be- Investment company The farm sales those who on June third two years at Leavenworth and fined come 19 j'ears old should report to the department of this concern on account Franz Respa 70 years old (Written for the International and fourth those who of increasing Interest in farm invest$2004 each camp 1 had become 20 years old ments Service) a German was fi counted on three is inclined to the belief that on June now man or woman has should report to the counts He was held however to anThe farm buj'ers are camp prospective swer to two other indictments pend- an Income of $3129 and if unmarried of theTiiar-ket- ” the war and making ’an early “rounds “For the first year after an early start for him In order to all j'ears thereafter we would thus ing agpiinst a 2 per cent for of June Julj' and spring production getthe mild weather of Arthur Tuttle pointed out that mustonpay the government months the for have Judge He or she is August 1000000 men training for mil- the past few weks offering an advan$2120 or S4240 the statute under wiich the defend- tax and planting ants were convicted was framed during? exempt up to $1000 The married man itary service tage for fall plowing of the “In the years succeeding the war the peace times and therefore It was not or woman with an exemption of $2000 According to the farm man cultivato impose heavier penalties of the United States “Wellbilt” company intensive army possihlecounts regular on wiiich Kaltschmidt and must a 2 per cent tax on $1120 or should be the only armed forces of the tion of farm lands will be rule for The of cmr-were convicted charged the $2240 pay should be regulated next j’ear's cultivation the others nation This army on foot in the United States of of to demand number the the population Increasing according by prompted setting a a his each year increasing with the 'popula- foodstuffs occasioned by the war If man makes $40 week and exa military enterprise against Canada wife $20 each may put In a $1000 each a conspiracy to dynamite the Detroit and should be recruited claim but the tax will be the tion 21 that year j'ear men and screw works and a plot to destroy the emption from becoming ns if the husband wore earning their period of service in the regular St Claire river tunnel at Port Huron same the entire $60 should be one j’ear except for NAVY LIFE PLEASES army If you fall in the $60 class 1 somemen desire to follow the army who next as a profession time between now and March and show themselves 19 ARMY OFFICERS LAD FROM MURRAY to a collector must the visit you pay noncommissioned officers as competent revenue There you will and instructors of internal TO RETIRE IN 1918 be given a blank on which to file "The business of the regular army After a short furlough which ha also your exemptions would then consist in garrisoning forts spent with his stepfather and his your return and In addition to the rcr International New Service exemptions cited during the other nine months of the mother Mr and Mrs Robert C Niel' interest in- j’ear and in the studj' and preparation son Henry C Mock of Murray left you exempt may any — offiNineteen army Washington on personal paid of the citizen during' the year 1917 this week for the naval training of plans for the training cers are to ko on the retired list for debtedness This means that If a man soldiers the summer months again at Mare Island Mock enlisted station during some owns arc in 131S but it is likelv that on a he carries which should any crisis arise by which six months ago and is enthusiastic over property and of them will be retained on active mortgage amount he may deduct the be necessarj’ the the treatment and the training received forces would would by the war depirtment MaJ Gen paid in interest duty be the last for taxes and for wa- armed to call men that he likes It so well that subject reports William C Gorjras rurgeonuregeneral of ter rent Also that if he has borrowed men trained namely the class who He Intends with the service he on from a bank he tlie army will reach tle limit claim exemption graduated that j'ear after their fourth The boys oftoa staj live like ship togetherMock's October 3 next When General Gorgas for interest paid maj' on the loan one big family he reports in retires the rank of major Pe"This peneral he owns universal of rented he may If military stepfather has for j’ears been the the medical corps will cease as he was figure In repairs andpronert if be has con- service issystem money the least expensive in on Main street advanced by Congress for his Panama tributed to certain charities exleast he and the may to the government M canal service Maj Gen Krasmus 15 to such an amount up per pensive in time for the participantsbe exempt Weaver chief of coast artillery will cent A cleanable waterproof mixture for "of his income The saving to the government will on May 23 or roofs which will adhere to also reach the retiring age walls man is allowed married the net expensive buildings in Further requiring next In the lict are four major gen- S200 exemption for each child If he for all the year round service or the masonry slate glass or metal is made erals in the national army — James has six there will be no federal in- expense of heating and lighting these by dissolving one pound of glue' in and a half pints of water To Parker Eben Swift AAugustus Be-P come tax for him The government structures The uniform required for three Mann Blockson and William added three ounces of Mchrorflate is this most be men would to be said cannot inexpensive encourage these dissolved in half a pint of sides Generals Gorgas and Weaver the of food which and ease with potash the while obWhen these ingredients retirements in chronological order are: water hot be could our income to state sure Be gross other necessary supplies Col Horatio G Sickel cavalry Jan- correctlv sal-aof the ear also have been thoroughly mixed sufficient $50 a You this have at tained period may is added to ensure the right uary 15: Col William A Simpson adand a $10 to side line Federal would reduce the cost of this kind of whiting of the eastern depart- agents general consistency jutant know these are things paid training” ment February 11 Crlg Gen James and von may be fairly certain that anj' Parker major Col general national army misstatement will be speedily discovB Birming2': Henry February ered when the collector checks up i ham medical corps brigadier general yopr return At the Old Clock national army March 2: Col John P April 14: Col Henry Finlej' infantry Corner H Ludlow coast artillery April 15 TELLS HOWSCIENTISTS Swift Gen Eben Brig major general national army May 11 Col K RALLIED TO COLORS 23 JuneGeorge Col McGunnegle infantry UTAH STATE O Owen medical William corps June Service News International By 6: Col Abner Tickering infantry July NATIONAL BANK — How the scientific men 11: Brig Gen William A Mann major Washington colto 31 rallied the national States United Col army the of general G Ebert medicalJuly corps Aug- ors when America entered the war is Rudolph C Macomb cav- told by Secretary of the Interior Frankust '21': Col Augustus The business man understands October 17: Brig Gen Augustus lin K Lane in his annual report Enalry I on the great dams of P Blockrom major national working general gineers home is tbe his that of7: banking Col Charles Rich- the Rio Grande and Colorado rivers November army medical their services Men trained to corps November 10 Col fered work-theard when he wants to turn to place inx'aluable in DeFrank L8 DoddsCol judge advocate proved peace conmore about and William C Brown war work They knew cember talk over his plans when he crete than probably any other men in cavalry December 19 new machinery the world and concrete is used in wants to trench construction Chemists and othOPEN FRENCH SCHOOL er scientists of the bureau of mines and make other improvements found that the gas mask used in modThe banker kept fully informed scientific warfare had been used FOR U S TROOPS ern Metallurfor years in the coal mines measures up to expectations of the interior gists and topographers By International News Service could found they something New York— the war do to aid Uncle Sam courses department chose in French for Complimentary those in the service of and they aare doing itprosecute Germany “Banking Perfection Under the United States army navy and Red to fight scientific war and America Cfoss who are preparing to go to Is prepared to fight it U S Inspection France in the near future have been to in culture is rice alluded The the of School of Sociology of opened by Fordham university This movement the Talmud and there is evidence that has the hearty approbation of Cardinal it was grown In the valley of the Eu''1 OFFICERS and in Sjria before 400 B C Farley Gen Ell D phrates Smith President P Joseph Brig Nathaniel Hoyle and Rear It was taken into Persia from India Hebcr J Grant Vice President Admiral Usher -have given and later into Spain by the Arabs Charles W Nibley Vice Presiwas introduced into their support to the effort They have Thence its culture dent their deep gratification that Italy about A D 1468 The Spaniards expressed T Badger Vice PresiRodney such a movement are also has been made to for its introducresponsible dent men who are soon to be fight- tion into Peru and other sections of the give or Henry T HMcEwan Cashier America during the early combatants allied Spanish ing aiding the Assistant Butler George an opportunity to obtain so great an colonial period but the exact date has Caehler aset not been definitely determined Cora-tinu- 1 GnvernTnent Tc:it — 613S9 434000 I me i memt-eF'iSlCCiJiX CoUection it in Other lep''t Including foreign government credit ci4Jvto0 Tot truis iloioit 61 31 272 TtO Federal tererv note in circulation net lia- ri-w- ne-ou- reserve notes In clrcelation net i'(V’i!"'i All other liabilities 5rt4295QfOO reserve against net deposit llabilltie 001 rent peiGoM and lawful money reserve against net deposit liabilities jier rent GoM reserve against federal rererve note tn actual circulation C2 per cent Federal 11a-bi’- "17 3 In each instance Add accured interest to quotations on 1-- bonds SOUTH UTAH SHALE Jr G-t- BEDS 200 FEET THiCK 4 Tennessee Mine Is Sold to Schuylkill people ed sj-ste- - ar ar 20-ye- ar ek -- JiMT-J-fiO- r MAY QUIT POST assembled in camps In their respeccanvas and under tive states under conditions which they would experience in times of war "This would lo away with the expense of training men all the year round and would make possible their at a time when ten hours’ training work a day would be possible each summer for four through summers the successive training would turn out the young man who started at 17 as a well trained soldier at his majority The training he would receive during each of the three months periods would equal what he would receive in the regular army In a whole year and at the end of the fourth season would be equivalent to four in the Here is theregular of the training outline army” as stated by Colonel Ryan: "This should be inaugurated at once system with preparation to take into of the state camps under direction war department on June 1 1918 ail men who on that date are 20 years old and less than 22 This would under training 1000000 men and bring these three months of intensive training would the end of place condition to put August them in by into the army for action Should the war conready tinue the camps could be used continuously from April 1 to October 31 After that date in the northern part of the countrj' extensive plans for be necessary and the housing would then could be limited to the training cantonment camps which have been distributed throughout the United r’ rr The Jlar-ke- night-watchma- Chloride and Kingman were agreeably surprised laat week when the Miner that the Tennessee mine stated authoritatively had been taken over by the Schuylkill company County J liner Mary were Tick that there are says the Mohave received by this office of pin line used the Inquiries a one was ot regarding the most regarded oil in this country the deal which news of that hail been put 4500) mile of the important pieces months In out many Long Distances 53000 to 0U0i mile frra for the tranimrtation of ’ 276 s em-lit-- n J3I48MIHK Id wirli I 22— Cattle— Receipt poxl KC0 steady ClHbe steers feeders 7VSO0: choice cow and heif4itfi er 7fi'::i750: fair to good QC0)j70C: canncrs 40 ’5W feeder coirs 540'u00 veal calves 9(0 ©14) 256 Market steady Tops Hogs— receipts fr re--- !liit merer VVyo Po-t word fr- :n mo I:ierofed tie capita1 t i Ifni-nlVan Itiiskirk fieji now a who male tf the pstMl:!lfhn a favorable reard ma’e last we-' i I imong whom are j port to hi s!e-mfl'ientlal men a''l m'iii" f the vn--iP- r t i ilr Lake in order of Ids ho hit arr-tnfvr i lie organization t ounpiofe ctu'V’Mtii i wfiieh will I lncerpr-oof a low I'tan and ha order ated under of 'i 'n to lry fluey ir control adjacent t- liie on company to me s one The district a a wu: kU1 Mr Van of the best in tlie 'a!r- -t Srar— :ny experfenee in Bnskirk yesterday -r u::arol over the the oil business ?: ng'y enthusiastic I have becoire t x field over the intiok iVrta: v rie finding of oil at a depth of 3 i5 f”et by t': frefaceoiis together witli the indications tint Charles Lackey ha firti uf in every watur well he ha sunk give holder (n th encouragement to every prospective t 'f course the drtPing of i’liiey! ditri-m-or less of a speculation But any well I believe with the geologists who have made of the district that comprehensive examination the La Barg anticline will prove t be equal to tle Big Muddy and Salt Creek field in the f oil1 production The Kemmerer Camera cars that a number of including Itr C n Crnnlncron C Tool’ partie and H rrcr B tckmcyer are Interested M in a large tract of l! thal© land Is Sweot-wtSome of the shale was rested county Sundar anti it was found that of oil th matter was high grade In a ve-- y It will bo knownfb--with jmt the t w: drille1 In atdaya denih what rjvpu-MtOil ronpgnr of 242 feet by the Ids arrived at Fost( lias wbon a lump which a few day ago i put into action Specua Hie Is to rife of the well Mr lation capacity who on !i the grounds stated living Ilareiuan few day b:m that he dipped out forty-fiv- e one from Um the well without lowermorning gal ing it in the least Dec situation n GifI Ogden ’ Federal Reserve 'Notes Increased to 81227000000 FIELDS ACTIVE I (0-a-we- ur- 22 — Strong ilrtnnii for Whingt-r in au'vil a f74o-yii'rrae in ruilat '"tt im a week ag to a'lto the tlig mu of a'iarl:cg to Gov'rnm-nt ftateiueur rei'rve Nmnl'i weekly The livTfneil iiearlv J’"")lk' of tii twelve lank at the thM of bul-nt- r last n!it wa a tillovr BARGE-P1NE- Y LIVESTOCK MARKETS I 19-ve- In! Pv-fpr- ri-! TUBS h lS-y- I'n'ted Stat Ftccl 1'rtli Ci!Mr 'B” Wa!a!i 'l n No 4 y nominal Oatv — No 3 vriiHe com-milli- " t’orporation r Spul-djaiso- ‘ Kalt-rrhml- dt t-- Prt-liit:-g- Bro Private Wire) Badger 22— While stocks are setlla I'ee we not are nnder their value going to have any big under present condirally and a bull market tions Tick up stocks on the days when they are weak The investor can bny them and hold them and the speculator can take a three or four profit The President i expected to formulate his railroad program after Christmas Announcement by the war industries Imard of revision of steel and coppers fixed by tlie will be made shortly It is believed any change made will tie sl’git The market promises to be a bull trading affair until after the Christmas holidays Sharp extension of rallies are not expected to hold for moderate bullish Specialrjs are In line motors and Independent activity A Including steels better class of buying la appearing in certain part of the market It is credited to Washington and I rumored 'to be based on knowledge of far ora Me pending development If the railroad are not to be treated by tbs government as well a other Industries have leen In war measures stti-- wonld Justify a big In tin price of tlieir securities from present rle in the opinion of some expert low level There seems to be a feeling in tlie copier metal trade that present prices as fixed by months Washington will not be changed for six to conic l'nidiicers seein to be fairly well satisfied with them According to the view nf Important Interests in Wall arret a ing step ha been taken in the few day for a restoration of confidence lat in the securities situation It 1 believed that the market ha been completely liquidated and In a short intrust accumulated in addition sonic railroad eirdcs it wa thought President reWilson would make some announcement in tlie gard to the railroads before the red of holdear which would be favorable to security ers I By New York TERM y lit COPPER TO STAND PLOTTER OVEN ! gen-eiali- IN' EAST VOICED 19 ARABS WATCH TOMMIES DRAG HEAVY GUN THROUGH STREETS OF BAGDAD 125i-'il-C- topper i OPINIONS December 23 1917 1-- Miller-Cal-oo- A tv iifvou Salt Lake City Utah' n MARKET 1 LOCAL SECURITIES rs The ore wa brouht place from Exchange Alta b lown yesterday Some oMttowIlla'Jay J I Lewis breacat but it Is estimated high The values are main$40 to $50 a ton lead and cotWrradse " ly In silver showing in ore is still This is the w inze and in on the fare the Bralne nortn-we- st 5 to 75 feet out by the where it was crosscut rrince Vi"Z from the Copper drift a point about 00 n el It was at tunnel 7er® out from the main 150 tons of ore now at the mine ready forTl-- market llralne raise Is nowofup 50 feet and three to four reet has jus been ore is showing Slopingof the carload a and 5r started xvoric The broken from recent prospect the llraire flssurt drift out in along ore for li to 50 feet lias been feet In the Silver Ktnur winze two Here is e or !s snowing hoist in order being: installed a lighthandle the orr to sink i!f!i'r ami into the old Brooklyn The Karls is responding in a surprising ground covers wav is the report The In above and level main the only one place twelve tons of pood snipsinking ore was extracted from distance short 10 aping hole 10 reet In that from Inches widened the ore Streak The lead sll-e- r values are to 34 feet This Is about l'J'l and copper A main Brooklyn level the leet above Brookthe out from now drift is going this same tire t lar Herald-Republica- 143-1KS- Handsome wmplMin the Briine il row being broken Consolidated are on sure ot the Alta a la ofrice company exhibition at the 90-fo- The AND VALUES STEADY Manager Also Reports Excellent Developments in Brooklyn Lease le:-s- -- STOCK fAARKET DULL ORE FOUR FEET WIDE IN STOPE or th - ©f in confirmation of the Miner's Yesterday Tsrpey received notice story Superintendent by wire to at once assume charge of the Tennessee and to later be advised of the starting np of work on the big property Now that the sale f the Tennessee Is a fact we expect to see the management of tlie Schuylkill begin one of the greatest development campaigns that Chloride has ever known The two mines together ought to become producer of magnitude as they sorely are mines things and the backer of capable of doing the enterprise have the money to put them In the lists Great outcropping oil sand are reported exposed In the Ban Rafael field thirty to fifty ml! southwesterly from Green River station which measure 12 to 200 In in thickness many of them the oil la almost dripping into deep canyon from the Kbreaks in the ledge n The pat lea days I Camomile a Salt Lake journalist and Frank Moore were down there examining thla section overlain with vat bituminous shale took numerous photograph at the InstanceThey W H Child of St Go who will Issue a pamphlet im that isolated desertlike part of the state which la said to embrace one of the greatest resources in trait oil shale has a paraffin base and I estiThis mated to contain from 10 to M and 60 gallons of oil to the ton of !:alo Great beds are ex50 to SO gallons pected to avrrage This is said to be one of the randet one of the mot inhospitable corners of tlieyet earth Yet there are hardy men with their d of these the mntang who make some and precipitous trail manr times every month The river have sawed oat gorges 1040 to 2440 feet deep In places I'p and down these precipitous steeps the Fair Laker followed the faithfal horses reassured with s tight In this immediate vicinity I'ncle Bam has withdrawn Itu of thousands nf acres of the shale lands for the future nse of the wave ft ti-- wrll-kiMw- sure-fwite- zig-xa- g tail-hol- d y by |