Show IIMM1 ' - - - 0 - THE SALT LAKE TRIBMIE SUM' AY MORNING 'APRIL 22 1934 I fr ' 15 - $' i f ' 1 I NDUSTRY RECOVERY t cis I 1 Kin ds 1 NEVADA MINE - IN 4 COSTSEXCEED MILLIONS OF DOLLARS ' NONFERROUS - MINING INDUSTRY IMPROVES ) - v a A FEDERAL RES 2500 NOTES ' :7:- - - TOTAL PROFITS Stocks of Surplus Copper Drop From 3000 - 1 i ?:-:- BIC NATIONAL SILiVER - Fax Board Figures Reveal NEW YORK—March saw a substantial improvement in nonDifference of ferrous mining activity throughout the United States according t9 NOTES CERTIFICATES the current issue of Engineering and Mining Journal "Basicallyr -- that publication states "this 'development was probably the result of material betterment in general economic conditions Seasonal f 21 (R)- -CARSON CITY Nev influence also undoubtedly enterer into the situation Nevada mining men paid out more various nalningclis- money in operating expenses and et tirne"Itr i t 1933 than the other costs during oaIfmvIn twe er IIIstate's mines as a whole produced if ri returns made public today in the of- of many old camps flee of the state tax commission may ntried in Nevada where Mark be used as a criterion its of In one of the first reports his luck and the Imp- kind ever compiled in Nevada W number of new ven- D Atkinson statistician for thecom- out that whereas the mission points foafir pthreopocrutirorment et 81000000 CDIN GOLD - 630- 000 to 612000 Tons in Month i Industry rnoved ahead vigorouly in the first quarter of 1934 Increased activity visible in a number of lines late in1933 was extended to all major industries in the first three months of 1934 with gains in' production sales prices employnient and pay rolls recorded on a far greater scale than i a 1500 7 Quarter Ends' 1 ge in Circulation in United States ey - IN FULL' SWING Gains in Employment Production Noted as kda (if-Mon- 7 in the corresponding period any A recent year according to a survey of :uS NOTES Industry for the first Anarter of 1934 an which has just been completed by the for SUBSIDIARY research department of Dun & Bred SILVER street Inc : The exteht of the Industrial gains GOLD CERTIFICATES la shown in the trends of seven priS ion mary factors" the survey points out NEW YORK "all of which point to but one con- DEC 1933 Stocks irregular profit taking FED RES 'BK NOTES ate cluSion: That American industry en- checks rise DEC 1932 z ter s the second quarter of 1934 with Bonds irregular U S governiN' et gross yield of metallic and nonmetal rhe recovery in full swing The precedMINOR ments mixed COINS il mines in Nevada last year approxi- lic Is Is mining activity ing months have been a period el Curb irregular trading dull mated $498965144 the cost of exthe ' Foreign and outstanding steady progress with settlement strong exchanges traction totaled about $555652588 ith$ achievement emphasized and made STAND 311-DOLS I French francs top gold pointcoincident with todifici- The report he said is only partially more striking by the low level from It if Must Cotton quiet liquidation local Nation eex various Import branches of the tentaWhich the forward- movement began completed and the figures are and southern selling TREAS10TES Of 1890 live There may be an upward revi aiding in materially Fundamental concittions not only have to ere Sugar steady trade buying Export Hopes return to better days a In the gross yield he said sion Improved greatly but the momentum 'a Coffee commission quiet 4 of Totals Similar industry has been accelerated mann Asserts the house buying metals shipments to I sharply CHICAGO From the proceeds of mines taxes have shared in the 'Production Up of Wheat higher increased genfer the year in connection with stirchull of trade recorded so a nation "The extent of the industrial im YORK—This NEW era! buying: which the report was drawn— the Gold Industry Code ni indicators Copper meas- export' Lrict Corn firm rural offerings ) state will collect not more than $375- Pect k' provement in the first quarter of 1934 the paper contin xmfrente mt's is shown in the movement of the In000 for 1933 Atkinsou said He added That is the challenge Meets Delay meager Hearing of convalescing Stocks on dex of Industrial Activity during that Cattle steady to strong that this total is approximately the the United States today Henry H In the handtof mem- - same as the amount collected for Heimann executive manager of the Hogs nominally steady quotaperiod The December Index figure SAN FRANCISCO—No public code the Copper Institute on Men of was 711 In the three following Credit National Association bli top $4 1932 the N R A administra- DE DILWORTH WALKER before were hearing By unofficially reported 2h of on leave note months it "The totals mentioned above are and temporarily 7 cl tion for the gold industry of the Upit- successlyely to against slightly more WHATTHE STOCK (Amociate Professor of Ecenomics University of Utah) i 725 to 732 advanced 1a ican for the calendar year of 1033"- - Atkin-Th- e as director and finallyjn Mtirchto — after-th- e nu held be States until co will ed tons a month previous Aa DID —1937-Thgain over the December epochmaking legislation in monetary reform the past year son said "We have noted that there reau department of the stocks held by the meeting called by the Gold aotb tesrce20000de Sat FrL national review to level of activity was 108 per cent a hi in in the decided common was dares a interest monthly transformedthe has money improvement Association of America gmaroteu'pd63ath:77t5: at accounts for 90 per cent diro Advances 325 590' Mini" This is the most imPressive first quartheme appropriate for every occasion One mining yield in the last half of 1933 ness sent to the May 18 according to a tele- - fascinating intellectual production were esti-290 na Denverto the ter activity increase recorded in any Declinesmonths to six members first the as -' at on citiestion silverdiscussed compared parhear the association's l bridge trolleys tons In the twelve gram may headquarters 166 145 Unchanged e & recent year nit in San Francisco from former Senator ties or at church Arguments for or against the gold standard may of the year due largely of course to Although it has been a in the the improvement Leans foltion since the World war "A continuance of the expansion of stimulation of the industry which Tasker L Oddie of Nevada president be heard in any club hotel or Total issues copper has been substan- 858 781 New the volume of industrial sales also was of the association who is in Washing- - barber shop Such technical terms as Icates which circulate in lieu of the lowed the increase in the prices of sil- States does not seem to ' cific a feature of the first three months of the psychology of a debtor toll in the interests of the gold m M- - inflation deflation and réflation have 'silver dollarsImainly in 81 bills Omit ver and gold" Position of Major tind the year For the first time in a num S Among the counties in which there exports ire preferable to hnea ing industry of the United States become almost as common as debts ting thegold 'coin and subsidiary silmetals" the publication to in ber of years the sales of each one of does decided it a was today improvement Oddie of the to in wE come next the United ver In fact IthLtelegram says: subject all the evidence iriclay bank elearl—n713113441111 the 25 industries charted was higher "Have assurance from N R A Ad- - iand—tisxes— has become like a States notes commonly known as ing activities in the lattter half of the executive states in improve over the sec- day last year 135039200 Lander than in the corresponding quarter of Same li Esmeralda Elko are the "For many years bank A Year H Dd civil ministrator that 119994181 Saturday Clearings King of the year" 1 public greehbacks—the currency of the 111371610 year the year before In the third quarter Same dbank Lincoln Lyon Mineral Nye Petah —as a debtor nation—used code hearing will be held after the HoweVer if Week's ' should ask any of war The next group the gold certifi1008311196 ambits you a was 1933 There to of counties business the and the and interest 16 of prin Storey ules pay week the Denver Same of ing — lad year tasou averages 129103139 cates lite the silver certificates are meeting" of kind what these money persons 25 industries were "notable" improvement in Humboldt cipal of foreign Investments' which 100 per rent Paul oyer use nine out of ten would prób- - merely warehouse Tocelpts of the arid White Pine counties he added they In to the our contributed 100 fourth expansion quarteror cent greatly For per dollar for dollar The federal ably be unable to answer correctly metal more was shown by 23 of the 25 and growth 'Now as a creditor nit like Little Mining — para It is just money to them But this reserve bank notes are exactly tion we must accept goods and ter Among the most outstanding gains notes Was national bank if the except little they There any a on their reflection evidently is not necessarily were of to our those in order balance vices steel chemautomotive exports" and are issued by the federal reserve mining in Churchill Douglas and Tilill'ADQ intelligence—it is rather a compli- - banks ical and household products indus- gold — instead of the national banks Ormsby counties from which no tat Mr Heimann points out NORTH SALT LAKE April 21 (USDA)— to 15 cents lower bulk realer& 10506750 ' meat to the sound money system of i tries " ki' : 2 or Favors Tariff Plan week totaled' 039 few $800 Cattlteoelpts-torthkour nation The very fact that most They have increased several hundred returns were received Atkinson said - - ' ' azhed Wages Gained as compared with 9153 last week A little months of the "The cent costs tariff the of ex past eight per reciprocal plan —a added that during 3000 25 although as lambs of po 8heep—ReceiPts spring of us aceept any kind currency r I Chile wage Increeses were improvement Was 'shown in the- Chatty of cents lower medium to good $7056125 money is a high tribute to the stabil They have been used as a means of traction exceeded total gross returns administration seems sound and repDInbla of striking proportions manufactur- - best offerings and prices held Sully steady few 1045 feeder lambs 10106050 the new government bond during the year much of the money resents an abandonment of the most The purehiudng power of the dol ity of value and perfect regulation of financing isns re It is en- tar held In cash as well u'of the 1 ing payrolls in February reaching a as compared rwith it week ago The best DENVER April 21 (AP—U6DA)—Cattle— in the costs column may have been favored nation principle in circu issues The federal reserve banks of kinds the various money steers local 75 made 25 $425 heifers and $37662 calves Receipts new high In a gain of 12 per cent over to compared week ago the sue these government buys in new investments and in im- - couraging to note that George Peak dollar invested in average-stock- s et n spent when a government's 360 These were of good quality and ar- beef steers strong to 25 cents higher top Litton Only then pays proving mining property which 'gild special adviser to- - the president on the close of the first quarter of January figures restoring a peak tin-- rived through the truck divsilon Medium 1700 others $4500870 betters and cows credit Is questionable dr when fiat bonds with' the government -10 to touched since early in 1931 and mak- and good steers and heifers in odd lots steady higher top heifers 1550 bulk Wide Nut declared that we year showed moderate declines from - them out on the various recovery not immediately go into production 'ranged from 1360M450 with common kinds 15006550 practical top cows 1350 bulk money is printed without proper seing the greatest projects "This may indicate a much health- - can no: longer regard the favorable the first of the year while the buying Improve- rated down to 132bsand under Good cows $275025 calves and vealera 25 to 50 become do suspicious people curity ment in fifteen years The increases went- at $360S300 and lower grades ranged 'higher choice vealers 18000815 stockers Finally the treasury notes of 1890 let condition for the mining industry balance of trade as our objective pwer of the dollar invested in aver from s235 down to 1100 Bulls were scarce and feeder cla strong to 15 higher of the currency that is offered them stet— affected workers practically in all in- with odd head common kinds selling ' at Steers 13750575 steer calves 16010100 or even take notice of any detail ex- - so few in number are like the green- than the figures at first sight might rather we must look forward to a are bonds was up according to the lines ill heifer calves $4854500 backs just a relic of an emergency make it appear" he said balance between imports and exports monthly analysis of Administrative t dustries and applied both to salary 8216 was market bn hogs again moved Bogs—Receipts MI 2 singles direct 4 cept the denomination COI and to wage earners The average In- tó Hogs—The "The full value of foreign trade to and Research corporation money used many years ago Both a lower level sod late sales wire around to California 2 to Arizona stead 214 to oft the crease in wage scales was slightly cents'under list week's close A late top 181 pound butchers were fiat money having nothing but this nation is scarcely realized Ire "Commodities as measured by the Seven Kinds of Currency 83408050 other orders was made on the beat light and classeequotable of $315 unchanged of the government back by the greater than the average increase In Mediumweight butchers Mixed' light drive-iquently foreign trade is 'referred to bureau of labor's wholesale tommod elheep—Receipts 8300 730 through ask- Perhaps few persons realize that the promise hill but brought 9366 and a few pigs 1325 ing steady or $940 freight paid bids weak there arc seven differemt kindu of of then Recently howeverAhe salary scales slIghtingly by pointing outthat it se ity index advanced from 708 on Der- ---' kd alter Heavy butchers rated andarount1110And springers in-tcounts for less than 10 per cent of camber 30 1033 to 734 on March 31) greenbacks have a relatively small pa sows AC 82100300 Early in the 15 to 25 cents yearling wethers currency in circulation in the United steads trucked-i- n Colorado hogs were weighed strong to 15 higher higher first quarter of 1934 were equally as week our total business There is still a 1834 with- - the result that the puts For week: States besides the gold silver and quantity of silver dollars back of them off trucks at $3800400 A few lots of Wooled lambs 1975sheep steady freight paid closing lack of realization that 10 per cent chasing power of the dollar held in Impressive as the wage increases The Idahom and Colorado went at OM hi various forms as additional guarantee However all money subsidiary Week's 4940 top bulk 1900M50 Top Sheep—Total receipts for the week California springers $1040 bulk 110000 Of course the gold and the gold car- currency is kept at par with the gold difference in total business frequently cash showed a loss of 35 per cent average total of unemployed in the amounted 9 1159 as 9300 head with U ago Several compared of 1025 plainer $9000925 top natives $936 7 1189 the difference between prosperiod was a little more than 8000- - 2798 a week in circula- certificates by order of the comptrolnot the period the analysis states are spells shipments tifitates actually ethers Yearling wooled 17006800 top 2 1183 ler of the currency which guarantees 000 where as the total for the corre- California lambs were included among the ewes 14500500 shorn 12500325i ehear- - tion If we analyze and the the market value of aver: since more government depression perity 3 1195 indicates which any the week's that receipts 111756900 universal ing their 131933 was of 7 1109 acceptability 10 over we cent this will find that age common stocks al reecirded bY1 sponding period through movement of Californias is getting pet put an embargo on gold coin and Old OMAHA- - Alma 21 8 1207 under way Up to date 60 decks or 000000 The decrease in unemploy- well technits14-4alcinwhole sections of this country have the Dow Jones industrial averages 9146 head of California new lamb crop Reoeipts 1300 generally steady with Fri- certificates thereby ment shown by these two totals Is have moved their prosperity and through this market No sheep day's packed trade but week to 10 lower wu up from 999 on December30 us off the gold standor Iambi changed handa on the local mar- than the shipper market most desirable —Ccitton Small 39 cent welfare7repa 1933 to 10185 on March 31 1934 the The same totals on per nearly rably linked to Furthermore the gold is no Quiet 180 to 270 pound 1340 lots with medium ard Trading ket at 104 the basis of 50000000 normally "Foreign trade is essenualto certain advance was not sufficient to offset and grades down to 1325 practical top $350 longer held by banks and private inOGDEN April 21 (USDA)-Catt- le 1Y°on lose low- strictly ohoice around weights Board Specialties receipts resulted in a comsections and beneficial to all And the inerease In commodities and the employed show a gain in calves—Lighter considerable eligible up to 1310 few 280 dividuals since the gold reserve act 161062 790 head as er total with weekly of 142 per cent" li in the conduct of our °reign trade purchasing power of the common to 340 pound 131566335 140 to 110 poUnd of 1934 Which became effective on employment 168466 pared with last week's run of 1687 Aoffairii hm- $21586335 odd head packing sows $2850 162 active market was partly the result Higher American xportérsahould insist that stock dollar showed a loss of DI per 31 Neither are the various ited supplies and prices were generally 290 average cost Pricier 13281 Weight January 121 a fair division ofour overseu corn- - cent in The best 253 pounds kinds of currency redeemable y 1951) steady with last week's level 1205006 offerims of the week consisted of a load 'Cattle—Receipts 225 Compared with merce is carriedder the American "Bonds as measured by the Dow were even of light Utah steers and heifers which last Friday: Fed steers and yearlings un- gold as they formerly iles 613 21 curb 011—The NEW YORK April Local steers even better grades strong to 25 hither' though they are theoretically backed flag It is stilltrue that trade follows Jones bond averages rosoduring the changed hands at 85104525 and heifers of good quality' in odd lots weighty steers at full advance abort led mark & clooed steady today after fthe flag period from 8460 to 9262 thus regisulaCriviCe COMMA light steers and yearlings weak to 25 low- - by gold or gold certificates manAdprial lithlou("gh)c—htnieflyillei ranged in price from 842591500 was NEW results of quiet earlier Irregularity Trading and medium kinds brought moocrocoo with et heifers steady cows steady to 25 high' tering tuvincrease of 56 per cent in Imes Sound Credit When the secretary 'cif the treas- 21 leading automobile lots lifted pricee of all intim todey wheat occasional rough deity tYPes selling below er bulls steady vealers strong to 50 higher parts makers A number of specialties were higher !fs a maximum of nearly 2 cents a bushel d business men see h e need the buying power of the dollar in"So of the of medium and good stoCkers the bulk reduced The 'i thit weight for range feeders Bulks and gold ury 1933ses were alcohols steady oils for and For the moat part buYing was associated cows compiled by the Standard while utilities at S2509000 although occa- week: Fed steers and yearlings 15150700: dollar from 258 to 15 of a sound promotional foreign trade vested in average bonds for thethree- - -- with possibilities that monetary develop- sional rated grains Statistics company of New York mir-- narrowly changed kinds went as high at 8325 short led yearlings e choice & $4756675 ments at Washington would prove to be of Cutter good cows brought $175(tt In matters of credit—and months" became which program and common fine and of steers 8735 medium gold a but weighty weights ror says the recuperative powers of the Lake Shore advanced point a stimulating charaoter as to grain values 225 and lower grades ranged down to 1740 lt few loads 1560 effective after the close of business heifers 142580550 is to T tredit vital trade—sound report foreign in train bovaver was at 8100 and under The trade at went day's mostly Bulls parts trade Total earnings for these other metals were comparatively Mao credit 100: beet cows 830086400 'small lots UT year a an end before results' of an apparently in— LEAD STOCKS INCREASE and medium to choice vealers 14256450 cutter grades policies must govern We do me- on January 31 the federal govern11750210 manufacturers are shown to have Me National Container Pittsburgh freqUell conclusive parley between President Roose- $215S275 Culls and common calves dium buls at 84009015 stocks of lead in the United Stated Ott $2150500 practical top veal ment made a profit of 2808 million been better than 213700000 last Olfp In ood not seek to play the role bt Santa March velt and senate advocates of mandator leg- brought $35099350 Glass Lynch corporation SI totaled 321391 short tons comPlate year era stockselects choice $150 $7000750 naC4zern to islation regarding silver could be ascerClads Ours Is a business role with pared with ECM at the end of Pebruar The government also pur- aa contrasted with a net loss of near Hogs—A downward tendency continued ers and feeders 1425585 yearlings WOO dollars I Shipbuilding and Safety Car eating material benefits in becanr 11)33 and 194251 March prevail in the hog market and late sales Sheep—Receipts 1800 tai41rhdiat saps the Amerithe exchange Compared with chased an additional 185 million dol- ly 214700000 in 1932 The chief fee- - ended about a point or closed nervous at fractional pe- were around 20 cents below last week's higher can bureau of metal statistics March pro lambs lower last 26Q50 Friday: 8Pring t' backs from the days top but 1 to I close and mediumweight of best "A The established sound new the trade at light lars was 8 tons S5502 foreign duction program price soared asainst 114141 in tar of course was the expanded tak- United Carbon prefer wooled and clipped lambs 10105 highorts net '‘ to local butchers vent at 11765 mixed lighter fed GaAs above yesterdays fi n ishcorn and MIMS a year ago Shipments wooled ewes weak to 25 lower calls for permanence To be a fair retinal'? shorn $35 per ounce thus bringing the to- ings of Its end: to lla advanced and pro- weights brought $350 down and the bulk of er up oats originel equipment parts re-- points In a small trariatr at 10321 tons compared with 25771 for the ewes strong shearing lambs strong to 25 3 in i' - visions V61111111 from 5 cents decline to 5 packing sows made $250 to 8275 Elee- weather foreign trader is a chiseling previous month and MAO in March 1033 Traction and bulks eollow: &Prins tal stock of monetary gold in the fleeting the gain of over 41 per cent American Native was Light higher Closing increase considerable Sheep—A 'dents gain I led- wooled lambs A from in piumanger car ' and truck outturn tile Bond and Shari Gulf and Humble operation 1926 United States on January 31 view of shown in receipts of sheep and iambs due Jambs 19266950 NN fresh shorn lambs $7450740 4033 million dollars to 7438 million qew to the heavier movement of Californias onC0935 soositStoMommema ANGE OP' LEADING FITIIDIES Hiram Walk- trade possibilities must be taken We COO last eonomies International Swift Oils 'natl ewes ewes 130061175 wooled i shorn year Operating amounted 'total weeirs The oolo: billing Close through dollars However these figures do tuted during the depression also con- - er and Wright Hargreaves were un- must decide which territories will al Open High Lew to 29553 as compared with 5643 a 'week 0500 shearing lambs 18760910 from wh 'ea on the average a permanent rms not include gold coin reported as in tributed to this Improvement not- - changed toianudi fraglicill higher ago UP to date this season California 21 CHICAGO 77 May —3 74 I 774 I 45 April i have market this lambs moving through 6 77 the holding of which by withstanding the rise in wage and ma- - Charis cotporation and Waco Aircraft outlet Next we should become firm'71 200 ceipta 11500: only a few truck Ms on sale circulation July or about head 40000 numbered nearly a nommarket no choice kind available 77 73 78 Sept and teria) costs late in 1933 decks Sales in the local market were limCord— ly established make up our minds to steady occasional sales heavies and the public is now pmhibited resulting were "Osier '''"45 OW 111113t! ited to local offerings at prices which inally de44 44 45 A Day hold our position and be aa eager 180000 plain light weights 811110 downward quot- much of which has been lost R N A n sfers codes from week There acco last approximated with looked largely about steady Tta 'dye 47 47 47 f 4214 top 8400 few stags and packing sows atroyed consumed in the arts or exJuly p lambs among able ta were only a few Or- - oWes compared with 153000 for last to do business when trade is difficult a With of unfilled volume 49 501 2300 49 around 4914 large Sept the offerings although about one truckas we have In some instances in Oats: Cattle—Receipt' 100: compared: Priday ported without record - A dens still to be filled the seasonal' 000made with con of load springers eturday 7 28 28 week medium weight and weight 281A May 2ND SOUTH p lambs also last the past when we could- - skim the Irto Rican lot of choice weighty active auto season athand and the 28 steers after selling 2b4r500 higher eioaed 29 July Rffect of 'Revaluation 1500 base made this price A few lots of shorn lambs 291 cream 2934 29 (Opposite Cullen Hotel) 294 cent of 90- - strong to 25c up light steers and yearlinga de Sept retail nd of uptrend a and sharp 215 and 107599700 package brought HY0-close low lima bull At the time when the dollar was k few steady to 25c lower "The potentialities of foreign trade ne arrival con- pound wooled lambs went at 8750 Asome 3 52 52 Stenographic and telephone ser 534 May price levels highest of season on all steers officially revalued et 5906 per cent automobile manufacturers w ewes were sold for $400 down and vice included with attracttvo 53 4 1200 pounds top 1200 pounds 5314 55 are vast Nationalism and isolation over Untie to operate on rela iv ely full July Selling WOO age to the light plain wethers made 55 56 52 52 numerous loads heavies $22265001 of its former parity its value in the well ventilated office n15 Sept seem moment at the but trad may schedules the popular currzent 21 share 21 (AP—USDA) APTII during all FRANCISCOi YORK above quarter MOO RE'W few 2750 April beet yearlings Barley— of ea 37 37 none for week 2500 di- - light cattle under pressure better grades exchange market in relation to gold Parts andliecessories sales therefore earnings of corporations reporting during but it would be suicidal to abandon ogs—Receipts CALL The mar 31 32 1934 3914 rect'900 compared last Friday lights and generally lower than season's high time currencies was 63 per cent of par July tots 111:Ifticeriahcohicidolfliolslitittloil foreign trade The American Indian at higher ex4014 butchers 15 to mostly 25 cents lower !Pal' month ago iniling AIWA of early advance The revaluation however was not should remain at close to the hest Sept n 104140 in Capson-BowmaInc was an isolationist His race is a livLard— treme toialate 1400 bulk 13750400 all all heifers and cows about steady best Ilvels in some four years during at 'quarter ending March at 1983 1934 4102 s 597 597 202 louts well sorted 50 under tops packing yearling heifers 21140 bulls Milk higher at once followed by a córresponding least the ISO Atlas Bldg Dap Was PM of the those fate ing future example awaiting higher on early 1105 207 210 sows 12156303 610 American Telephone and Teland veelers steady demand broadest for decline in the value of the dollar on July interests 227 1177 3114 Who adopt the complacent'attitude of 630 237 630 eDespite the recent narrowing ten Sept Cattle—Receipts 75 for 5 days 1100 practically all killing clams graph et Corn 08 14 Selli For example the new deney 4000: compared Pricier the exchanges direct 200 compared last Friday steers 8heep—Receipta of rli'd)gClietretil the average 869 profit 64 aupolied margins 74 I 6 loads largely good -- -to week wooled lambs 40020e higher: last strong Day Refining steady 663 is of French franc the was 421 42 1585 top good clipped offerings 40660o up aged sheen parity 1093 pound fed steers volume of business should per- - National Biscuit to July larger 100 in closing 1600 cents since law the under 1100 pound fed eligible possibly per franc strong to 25o higher with scattered springmit moat companies to extend their rnatehregasfgat 114 g e ss Machines 9241) rill CASH QUOTATIONS week's francs now good 869 to ers sharing some few loads 155 fairly good--timprovement the same represent abet I53: 00 04 first quarter profits betterment by a United Corporation medium 933 to practical top wooled lambs 21000 late too CHICAGO ADM 21 (AP)'rWheat—No 1027 pound at 15504585 Id March 13 On the ex- reasonable 99 common tO 2985 1085 week's bulk around 89000975 amount of gold as $663 pound fed 14750540 Allem margin It is understood M nderwoorilliott-Tishe- r 38 1131 pound clipped lambs 58 wooled load 'medium good 27750150 13750)425 largely ' was the Corn—No 3 yellow 411214 franc however quotchanges to for aouiry was so "overofigealligic!coluirtiting trobd that nil to Ink shorn fed 1500 medium closed around 22006245 example fairly Oats—No 3 whits $112e zed at 430 38 28 1240 pound at 15260e640 medium 1415 reies 23000375 largely SS 25 up late ed at 626 cents on January 31 rose head" or the relatively inflexible omen' Safety Besot Rye—No sales 81015021040 load 1043 pound cake and greasers 1510' native spring lambs 13 and was 657 costs for a number of units amount Larectikc41:umgaOotill Leath" to 650 February by '2r1 1475' A medium heifers alio stock steady week's top 21100 Timothy load fat 146 pound grassers 1450 few good KANSAS CITY April 21 early in March This disparity made to fully or more of their United Biscuit Company Of 52 Clover )—FIour— '"ati! range Cows 1400 load 100 to 140 pound it profitable' for Americans to ex- total expenses 1100 loose lard 1100 000: Lard—Tierces 350 direct I Since thee should sitigelanassricuiturot bbemiesi greasers 1385 common to medium range mostly direct steady with Friritirs receipts Bellieg-1- 717 for convert dollars francs the change nil 180 Howe sound a Unit vol s1000350 few fleehy dairy type 1310es market 'top $355 few desirable packer over be distributed comPang larger 10 to 1125 850 11 325cutters 11506250 low cutters MINNEAPOLIS poundsS34043355 odd sows 1800 francs into gold in Paris at the legal ume a partial offset to the broad oggetdcidgIcch 483 284 few 1100 bulls 25 higher good to 1400 down rate and' transport the gold to the trend toward narrower gross profit Detroit raison MINNIAP0118 April It tAP)—Vibeat— 144 436 Calves—Reeeipts 415 direct 325 vealers For Oattle—NecelPts SOO calves 200 Receipts 1 ears 1e higher No 1 north- weak to $0 cents lower calves 60 off good week: Medium weight and heavy steers 25 United States for sale to the treasury margins is indicated with correspond- - it4legetveetoirp7rmbe t 31 I northern 21 7114680V1e dark er nil at 17000750 to SO cents to choice 115 to 710 pound higher light weight steers year- at $35 an ounce It was equally ingly beneficial effects on net returns 64 dark hard Montana 71140110703 few 1115 medium 1450(1550 good to 190 Oil 11e fed heifers uneven steady to 25 m amber durum 1041117140 red durum 7114 choice 380 pound at 1100 306 Pound at lings andcows to convert march for Frenchmen profitable 25 vealers term outlook for up the anerr'rerth"o The longer higher higher mostly 74Yao July 71e Septem- 1550 cull to common 1250 fit731C Mu to 50 feeders strong stokers steady to 25 francs into gold ship the gold EgNot available Sheep—Receipts none for 5 days 2400: lower Week's toos: Choleas1255 pound the United States and ICI it to the equipment trade is also definiteltenCorn—No $ yellow 4114011e direct 1150 t compared last Friday steady steers re- A volume of record $740 141$ MO pound weights 3 white couraging ' 24114427141 Oats—No medium to good 61 to 69 pound spring best light COFFEE MARKET 'doland then 8715 the yearlintheiters weights BiritY-230-75c exchange treasury new ears for coilIambi 180001251 good quoted to poasibly 16:00 vealers $850 light stockers--07placement demand KIM YORK April 21 (AP)—Coffee was Rre—No 3 68V10P55e received marfor at the francs lars few 65 pound shorn yearlings 1600 050 in sales heifers and bulk fed steers 8550672b dull but steady today trading being Inpled with the upturnin Co Plax—No I 117161114' PORTLAND ket rate This continued or some the past year sharp April 21 (AP—USDA)—Hoge mixed yearlings $450t4550 Sweet clover clearly indicate thet eii fluenced by a holiday in Brasil and contin none for 5 dam 4800 COTO For iveek: Spring time until the market became —Receipts Sheep—No receipts adjustis further aagoiaigriggetrfiql: ra011t i bigher flo to SO cents hither thorn lambs Pared one week ago 35 to 60 centa lower lambs purchasing power Exchange KANSAS CITY In the process general 25 to 3$ up: tooled lambs 10 to 20 higher ed to the new ratio 1019l re- - I closed 2 to 2 higher Santos—May early top 23751 late gales light weights will automobile sales tch leaf expanded 31 CANAAN CITY 280 (AM—Wheat 220 to lambs down bulk 13504 $3115 to April 1129: December top native spring early sheep steady $400000000 came to this cord prompt and vigorous revival July 1094 September No 3 Pound late sales mostly WOO 81035 with the price paid freely it the an additional 8 No Receipts 31 ears: Itattlc higher $3250350 4004arch1147— -it France–wooled country-fro- m dark hard 7212037314e hard 70V4e red 0325 light lights !steely 13000325 pack close Arisonas 085k11100t 18 864 Since ports demand will necessarily 1847: September 847 December 70073e Ma? 68088Voc July 19st Inc sows 82500275 few up to 8300 earli lambs 89711: late isles mostly 02114035 In the accompanying chart is shown rise 'somewhat in advance of retail 11701' ilLlaell Santos to 1114 Seeder pigs mostiy 13000315 week's top sobrialarabs $II00 closing sales 114e September 70Vae 1411t4e higher odd lots wooled ewes 84504 the comparative amounts of the sev- car sales the prospects are that earn 87360135 Cattle—Receipui none for 5 dais 2450: porn—Recelote 31 ears 43e mixed 43t$ calves 270 compared week ago weak to 25 510: shorn triunes MAO &healing lambs No 3 white 41e Said eral kincla of money in circulation in ings recovery of strategically placed 43e: May 41e iellow 434e cents lower closed fairly active at decline 18117543015 the United States on December 31 suppliers will continue well in the unchanged 10 e around cars 865 to 1065 pound steers Oats—Receipts bulk grain feds $5006565 881044825 hither No 3 white 3901105ee 1932 and 1933 The federal reserve van of general busineas improvement Plain 'light steers Ishort Zeds $4000475 d notes backed by 40 per cent gold xst1e)'-374-40c Idown to $300 heifers mostly $4000535: Mk td light dairy type kinds down to SLOG and (now gold certificates) and commer' Make Bid Don't Milli FINANCIAL THE LIVERPOOL Beef cowl 83000371 few good By Attocisted Press Cotton textile—In most southern and cial paper (business merits promissory low cutter and cutter $ 65 84000435 LIVER P 00L April 21 (AP)—pot wheat cows WORLD'S much talked of new - AS bufli 62710336v few New Eng lend markets business continues at notes) make up the largest kind Of $1500275 —Western Australia 46 Id Russian 46 34 cows e levels of the last several the restricted to choice bulls mod $350400 good Rossi 41 Id A51h 4 No I Manitoba Si and 15500400 common to meciliun1210 weeks &cooding to advice received br money now in use Most of the analysts —10 STOCKS FOR Os July 17 rutures firmi May 114 A6 Mill orders its $10 bills New York trade interests 12 18xchange DLOO hoevY calves $2000400 December circulating around are fed- United States BINGHAM tober 10 NEXT BULL MARKET 021's ' Refining and WinSheep—Receipte none for five days $90050 generally at a low point and inquiries Smelting ' 11381s notes reserve eral constitute They 05 Oompared with week ago spring lambs ing company 11180 tons Utah Metal and Profit moat by ieeping posted Read Plain 50 elastic with of our the lower Cents other Metals classes islow 250 tons Bingham tom America's steady was part currency sys- Tunnel Alt4 Coppet—Domestic demand CANAIDIAN GRAIN 100 $I Year Old Investment kinds tending lower bulk sorted during the week but the market held firm- tem a notable Apex 1430 tone cruel lambs over the Utah fDTNIPIP April 21 improvement 8840 120 incars tot) 882501250 paid tons Utah cents a Copper spring at Close ly Low Producing pound High Weekly Return "ad" and only $S for Thursday medium grades 88500750 good terests continue hopeful of an early IMOL- inelastic character of the currency $ $ $ i65 Mai our neat twelve 25e numbers next to choice shorn lam4n V7000740 bulk Apion in buying and PARK CITY some further recovery prior to the federal reserve act of l 00 July and 651 'yOSTIIDISI lambs 150 tons Park $5000650 grassy Silver King Coalition In prices City boom of Stock Ratings and Data Book 02 68 6-- 9 Octob6f 1913 The national bank notes the Consolidated shorn ewes aced wethers 83400540 MO tons Park City DevelopMit: Plour—Prices vets firmer at the week1110 Cast rain—No 1 Norther 8000300 wooled ewes up to $4011' reprints of I very important recent end and miller' reported a "fair volume" main kind of currency from 1863 to ment company 150 tons northera 1214 No 3 northerntliON tot LOS ANGELCS No $ White II 3 white 32 April 21 (AP)—(710DA) of small orders OaM-analyses and PERSONAL ADVICE 1913 still constitute the second largest $OO TINTIC 5000 steads ——-- -for week —Hogs—Receipts Salt Lake City 'Utah Canned foods—Alaska red salmon is up group are backed dollar for Mammoth 22 cars Of dump ore: TIMM ON ANY li SECURITIES They mills of the National As- - bulk 22600428 re10 for is case cents a It shipment Standard 20 cars: Eureka Lilly 9 care Utah Cattle—Receipts 4000 steady to3i1 cents in the trade that Great Britainhas dollit by government bonds plus a logilrgylotne btaboRsur ported 8580er cars steers and fed yearlings higher tlrhelig Clo 5 per cent gold redemption Lund at ri rteedC rca3r Oftett e notVntliv:r bulk medium fed grass steers 45000 been a substantial buyer gleFINANCIAL according to a survey 835 few 111Ing Pioor covering—In the wholesale market Washington D C 420 IiiiInsatociaktsi°Mn down to $450 fed heifers 84850 Tintic Drain Tunnel I car Colorado I This total is said 550i the association cows beef car business is spotty reflecting disappointing in OMANI of a normal months 525: grass beiftth 84250475 111101ul Tuiteact cart kuriii ubJect New York certill-gr:goNext we Park Place the silver have 83250400 Calves—Receipts 1000 steady volume of retell sales in some area& kg lbw group on to Ap-ri- Markets at a Glance PJA 0)- - - Legislation in Monetary Reform Has Transformed Interest to Fascinating Thême — - a' ' -- e -- nvyi aaeni lonm sde re' 61 in peciary 4't vo epewroterrirli: L Bank Clearings zUeeipotihteartdt not-app- ly ---- DoLt AD Livestock Market Quotations I nuyIN11-- pnwvp' : ' VILVI -- "First-quarte- - this-foreig- one-mon- th ---- II1113 PRICES he HOLD STEADY 7r- g MOTOR PARTS' Pah TRADE GAINS Chicago grain — slimPesell y YORK---Earntn- 1 1 tired-'Al- I 111 1 — ( long-rang- e SAVE MONEY (USDA)--Hoge—- 715 Office In the ATLAS BLDG- new-cro- Ship-tith- -- -- t Share Earnings (AP)--P- 1 c:a- ' 1" i I Barley-400- 10e One-thir- d til pts 0:ney" :tq :A'do:aN - Tide-Wat- 011 Choice In'tproved Real Estate 1 seed-01- 1RM $11 - Trade Trends 114e Ore Shipments 8d -'-- 10 STOCKS - veld-er- No Commission No Examination Fee No Red Tape or Delay Liberal Options lin ? (AP)-111e- at— 4 31 So Tracy Loan Trust Co 44 8114WiStie0001"mrepobuitrivtis al WORLD neaaorl Tw n i 53-D- - |