Show - -- - ' j ' - ' 1 c 4 - - - - THE SALT N MUNE SUNDAY MORNING JANUARY9 LAKE - 1938e - ' - -- '' i-- rs------- - --- - arcouragemen in— - r- - — l Bank: Debits and Illarrfage- - Drenses 7 B - t — — res1 en s -- 1 Al-r- ' ''' ' usiness- - 1 i ' -- - ' ' --- — 7 S ficierate ToneProves Mter Tirade ootWng s--uggests Will folklii -- - 4 - ' ''' i it ' Copper Lead Ouotations n Upwar -- - BANK OEBITS - --- - t COLLAps - - NEW YORK Jai I new year in metals opened with By CHARLES F SPARE more or less of a transformation of ' Copyright 1938 for The Tribune aentiment as the incipient housing NEW YORIClan—S—Astunreary- - of anar-buildin-programs gave business and speculative l of an expanding mares have actively or passively re- promise e demand spOnded this Week would include the temperate message of PresiCopper and lead Were dent Roosevelt to congress his budget figures showing an antici- prominent in the form reversals pated deficit for the fiscal year 1939 of about8950000000 the Export- copper reeponding to the decision of the U S supreme court strength at London gained almost rs favorable to tiur government and of a cent a pound 'th lovk thts from week level of selling at 1052 c 1 1 European against the public utilities in the December— event Altericouraginu matter of PW A grants in aid to base ports Custom smelters lifted was the reprtatbat efforts would be the domestic base to 1014 cents vatmunicipalltiee and the later resigns- tion of JusticeStitherland from the mad next month to reduce both ley with producers maintaining the steel prices ancLwages inorder to court the official record of unem- price Demand which had ebbed at the year-en- d broadened ployment a brief rise in commodity encourage consumption ' as prices moved higher prices on revived inflation talk and Seek to Boost Demand —Lead advanced 10 points to 4856 the default by the Erie railroad on A and statesmanlike 490 cents a pound New York January1 coupons' followed by se- - move practical was that of Hudson the Motor better demand coincided with The revere liquidation in the securities of 6000 in to men employing other SYSteM5 in the twilight nne company that one of the leading proports new manufacture a car ducers would curtail production of solvency This wilt add a month to 33 3 per cent effective January10 That President Roosevelt should the company' 31270000 payroll Zino was ateady and unchanged have spoken in ouch moderate terms President Knudsen of the Gen- Fill-i- n buvinx was nothing to those deeply eral Motors - by consumers who devividlY corporation had underestimated needs supplied wounded by the recent tirades of scribed this week theunprecedently most of the activity his associates in the administration sodden and dropin consumer ' operation inereaeed- - to-1It suggested a desire for that co- - Tar demand sharp but gave the ericourag- - Steel operation between governMent and ing opinion which duplicates that per cent of Capacity the first gain business so much required to check of Henry—Ford that the recession Ireported in 16 weeks Slackness in the recession and to rebuild ele- - win be temporary More eind more the automobile and construction inhas been offset by a grow- merits essential to recOvery the business public expresses the dustries interest from the shipbuilding His budget figures however were view that fundamentals are sound ing num implement and other miscelriot presented in a way to give but mental attitudes abnormal and laneous industries ' satisfaction in the trend of the na- - that the latter must change before tion's finances In the past pix the solid substance of recovvry is years government expenditures attained have aggregated $42000000000 reThe foreign demand for grain was ceipts about $25000000000 with the the largest in months the dollar resultant deficit of $17000000000 was strong abroad and political From this num $2329000000 may news from disturbed aretui in Euproperly be deducted for payment rope and in the far east was withof the "adjusted service certifi- out sensation NEW YGBlelaneileorld catee sales of General Motors corporation war This is a capital charge not cars in December showed a sharp i a recurring decrease under December 1936 but item p Grain ' Chicago CHICAGO Jan 8 (AP)—The highest sales for all qf 1937 were 39 per Yardstick PrincipleI Fostered wheat prices since last October were chalked cent above the figure for the pre- up here Sattirday in a final hour rally 80 Utl--Th- le ' - ' MILLIONS 100 - l' I S ' - -- - 4111 l'I' I iiitot ii ' 9---11 11 --i- - generai ii v? A i It I ' - ' low-pHc- ed 1-- a a - ' -I --- IY I Al --- 00 - --- — a- - - - 11) - - - 00 — By Ri)GER W BABSOIst ' - '' ' e 7 - - - Copyrighl938--for-TheTribun- - - 7 ' - -- Industrras— ro a e' Leader in Year Ahem - - - igs ' - 1- ot 1 ! v " t - j -- - ' ' 1 1 " w Trade: Condition Rellected In Number of Weddings Gasoline Use Reaches Peak : ' ' -- ' a ' lose-ter- m ' ' all-ye- ar General Illotors Volume Declines ' ' : :'ll ktN IIIri r 1 11' to t-- i : tk I kl I'l ----s- I - i: A il !iv!!A 1 11-c- ' t D AitpAGeLlticqisft i 15uu Babson'Piekshemi( 1 RABSOsi PARK- Fla Jan 8—The chemical buSiness is ray for the'Industry of 1938'1- - Each January first I like to ----- ' nomination I I 1 1 I I A iu ' 1 hill select an industry which will be a leader during the new yèarIn -- " I 1 I l 1 II 11 ) 40 -Tv 1938 building bad nay vote Laat I if et Ii li 1ii i i )1 '11 200 ) ii i i s m lkyl I I picked aviation Now for way into automobile bui Iding and 14 ii year i v r i V I 1 the year 1938 nly choice is chem- various other fields Genensl buslw 1J Man age i icals Iti research progress ita ness activity requires commercial 100 20 S se Lice diversification—its - con- alcohol as its standiu'd solvent Even ' and its servative management pro- the food and grocery trades are 1 t tection against war inflation pol- calling upon the chemists It is ' I 0 0 for labor itics and such a truly the universal Industry This :' qualify it ' 1925 1926 1927 1026 1929 1930 1931 1932 1933 0034 1935 to3a 1937-nomination Is the second reason for my en4 The making of this selection Is thwitaam lc not based primarily on the market Cods-Loperformance of stocks representing Labor -Not only today's prosaic needi but companies in the industry My choice is based on much more fun- tomorrow's irresistible demands are — damental reasons Moreover the crowding business toward this 'nornniation of the chemical industry growing industry— Unruly Islam ' ie not any sudden discoveryby me cumbersome overhead ' elharges ' - Notthe etremeedout partit Is playing sherpef competition necessity - for In our modern age It is simply speed quicker style changes-po- ll NEW YORK Jan 8 (UP)-T- he By DM DILWORTH WALKER of the fact that in a are aiding the cheinicalikferhaptr nation's approximately 30000000 recognition Professor Of Economics University of Utahbushiest-the-aborthe Most importtuit of these factors 1937 used the I r ve h icles year of regular ti of business fluctuations is the varia- motorithrin Athong the iin'tisual-iffec-today is the urge on the part of to a greater extent than ever be- term stability and the tion in the number of marriage licenses issued from month to fore consuming more than 23000- - growth of the chemical business many employers to make their bust Most people month When business is prosperous comparatively meta licenses 000000 gallons of motor fueL This should make it an outstanding in- ness "labor-proo- f" do not think of it in this 'way but are issued' and conversely when business is poor the number of volume is suffictent to propel their dustry the chemical industry sells more vehicles an aggregate distance of Provides Diversification labor-savin- g marriage licenses falls off proportionately machinery' in- the 330000000000 miles or about 80- attlications forillustmtion ' of this Our current civilization can truly' form of new processes every year miles 000000000 estifarther than ' interesting relationship is shown in than the machinery makers theme travel in 1931 the predepres- be called a "chemical age" Every low each year mated the accompanying chart visualizing reaching an large industry is a growing cus- selves transsion for year peak highway the trend of Salt Lake City bank in January tomer of the' chemical makers Unlike mechankal methods-t- he The cyclical' fluctuations in the portation debits and marriage licenses issued when- chemical processes give you more co- n - Their sales swing tip faster Prices of petroleum products in Salt Lake county by months 1925 marriage license curve frequently ever there is an upward surge of product without much labor Chem to 19370' Here Salt Lake City bank cause serious disturbances in the tinued low government indices in- 'general business Moreover their icals never sit down level a 40 Throughout of cent dicating per nearly debits represent business fluctua- - building industry During the past below normal 'volume does hot suffer as dras- - the industry labor - costs represent --- an advance in r tions from month to month and the decade particularly from 1929 to eners1ariz-unod'ofcent Chi Wu sAideet th 4 building-n-nUmberntmarriage licenses issuedto within 11 per cent of normaL made from milk roads from cotton product by manufacturing es in Salt Lake county shows the va- tivity was on the decline there ap- Reductions in for instance with 50 per glass paint from soy gasoline prices total- cloth from riation in the number of marriages peared to be plenty of homes for oats cosmetics beans from vegetatextiles It leainning bigs ing 50 per cent since 1920 saved sale and plenty of dwelling units some during the same period to motorist cus- bles in tanks—these are a few of through lower prices! The data coVer a period long for rent despite the long and dras- tomers$3000000000 new chemrul310-ptprocesses which the in 1937 alone However the by greater efficiency' -7discovered----Beicausenough to show the influence of the tic decline in new construction The nearly since '-the first-timof was ists have recently increase ap- taken from themthesesavligs losses-1en- - 9254929 prosperity cycle- the lle- - normal—population ceaa the of their research work and chemical been ' bad in 'federal and prices 1 crafliebautibteel flounced vere decline from 1929 to 1933 and peared to have no influence the vast range of their produ4s retary of the interior to assist mu- - e ggegtialLebfeTen than Saturday current The has state taxes sales which gasoline slump upturn sales to dealers in the the upward trend following the 1933 ever in checking the downward estimated at close to $1000000000 chemical manufacturers represent than 7 cents nicipanties to build power plants more prices down again and the An advance of itill'et - trend in building excurare low the not Since The however data the United States supreme court wheat States and United Canada diversification This is together also established a new record tguMAillerarlant4 better r' stimulated has undoubtedly encouraged compe- with atrength in securities at New ork with shipment overseas totaled rent enough to reflect the influence pected normal demand from newly Employment and pay rolls hi- - is the first reason for my enthu- Moreover the consequently is too cane industry at had reexd 160444 units married on fallen recession business off of the recent Novery 195136 tition and fostered the "yardstick" trsSeotfog: gain in couples against in- siasm wbeat LI'llgrgwe::trigissle plex and nimble to be an easy: the real situation was proved Generally speaking the -' Chemistry is the "father of all in- stickup port demand for Canadian grain for late vember and 239114 in December either the volume of bank debits or noticeably principle in rate making for politicians This "labor----shipment It was estimated 1000000 bush- - 1936 For the year the total was the volume of marriage licenses is- - obscured by the temporary down- dustry's employes continued to be of No 1 and I17 3 northern Canadian feature hi --- among the highest-pai- d industrial dustries' That is another reason prOorl and politics-proObviously unemployment has els sued ward as as was L16897 in ahead trend wheat far In 2037690 with marriage application workers compared why I am- so enthusiastic about a third reason for my enthusiasm- sharply increased since the census December tolliclailael:tP and additional pale in for demand show does the the chart But seriously affecting very 38— this group- Writers undertaken by the government in were Monett Saturday for October ship up December sales to consumers in clearly the seasonal variation in new homes November aavart completed the future wondets mentioned above Hedges Against Inflation Then Inet1eat closed 134 SIM hi her than Tri lithe debits bank both series The when 'United for 89682 cars totaled States the marriage Similarly the registration figures showed dare finish May los re 97 ! July 0134 to the neglect of the industry's Furthermore the industry la fortlett9 Ili Cog was compared with 117387 in November example allow a very definite pat- - cense curve again turned upward 7822912 out of work Various esti it u 53toSepellentlibpeVal business A new plastic fled by two more hedges in addition everyday demand for homes or a novel synthetic substitute for to those already mentioned First mates today bring the total be- - (114 September 624 Celts 1a Yd lItte and 173472 in December 1936 For tern of business fluctuation within the pent-u- p the year sales to consumers in the the year Consistently business is which had been temporarily subtween 10000000 and 11000000 ac- er:rdht azie?gu:ye 114 up Mah rubber or leather puts romance into if the smoldering fires of inflation conditions de- low in January and February up merged by economic 151)4215 a States United totaled the industry But these are long-ran- blaze again the industry should be cording to the lethod on which be- far stimulated down in in the cent crease 73 the from the of again building activity spring per Even without sunong the best of havens for cape developments they are based This is a measure Range of Leading Futures Moro Bay Copper company- - has Love Close 1720213 reported the preceding summer vacation months and then yond expectation thereby disturbOpen of business contraction since the this further progress chemists al- Ital Second I ses no probability! : High ore in' crosscut course on Wheat— up seathe autumn opened the of normal the recovery ing up sharply during year have built up a vast backlog of a general European war in 18314 peak of employmenta few months May 95 ssa 977k level of the company's ready In this the son reaching a conspicuous peak in the building industry 8914 9134 of "bread and butter" demand for However with world conditions' ea 97i ago One of the unknown quanti- - J21) — 3 LOn near con88 San Luis Cal 9013 or manner business property time Christmas at poor Obispo " Tax Hurting Business good ties to be considered today-i- n pre- - Zey'°r1 industrial essentials Caustic soda unsettled' as they are a "ware 6'2 customs however fol- - ditions in general seem to affect according to a message received at and soda ash 82 Ve Marriage a cannot be that are indispensable raw proof" industry naturally Is pope paring budget The most effective first move that low quite a different seasonal pat- - favorably or adversely the num- the Salt Like City offices from 821 63 1 materials in the soap rayon paper ular 62 d proved for another 18 months Is July sept e luld be taken toward restoration of tern but still have a very definite ber of B Certainly the chemical rnakerg Guillote for licenses in George Oatilengineer applied marriage I the extent to which unemployment May textile glass Tetroleum and other would be running full blast during a '3214 business would be repeal an4 distinctive seaecalalcurveDe- - and thatIntumaffectsapprect- - charge otaperation- saotivity will expand or contraet —zo 'industries a L32a war period Hence while this buil July the tax on undistributed profits giuningwith April the number of ably the demand for residential The crosscut has been in copper-beari3041 66271 ww5'12 ihunedlifteiy importilMiliati Sept nest seems to be in a position to Immo The tax prevents businesses from licenses issued monthly increases building sulphide ore for the last 30 Every Industry a Customer 9 the incidents above recorded is the mairy13 9934 fit from good news it is also well feet in MrGuillote ore times of The a accumulating earnings reports pinnaclespectacularly reaching status of the railroads 'The Erie Jut Every branch of the steel and protected against disaster& This is appears to have been formed by metal prosperity so as to have them for like petiltin June Then the license 77 default was a shock although the May 7614 be handlwould industries ' a fourth reason why the industry: use i n periods of depression - It business falls off sharply during 70 si ' ''72 replacement in footwall material he company has been earning its fixed July Lard— added The objectivevelahato o capped without a plentiful supply Canada-Findoperates to Iintenstlybooms and 111 It 01?-- 63 & umraernumthsag Jan of the 1 used for me oxyacetylene With chargeabyamarrowmarg gases been reached yet Trust school before 892 892 901 large depressions—Cleveland abruptly just begins sent a tremor through the market 1117h and welding Of course for thus four reason Important 912 9:27 company 912 t! Samples of the ore are on the cutting only to experience further declines for the securities of other carriers consumers in this field include the chemical stocks usually sell 'high ' to Salt Lake for way City' assay' automobile railroad construction in relation to their earninilla Ina that have been kept solvent bythe Cash Quotations CHICAGO Jan s Coinci- grace of the government and machine tool companies Even vectors are willing to pay a much dental were the grave charges of ""inel-- No if further competition is offered by bigger price for chemical share& 8 mixed 59 c No 2 yet Phone VANCOUVER (UP)—Vancouver 821Ale: Ilo 3 white 61 Q8114c Earnings Drop the Wheeler senate committee lowoata—No electrlo welding the acetylene Moving picturvetocke sell about of hotel isiZble'rZ50v1 firms the clerks are opinion that against banking prominent e'eleite tioy : working out eight times annual earnings per TO In railroad financing and the me - Barley—Feed 43 Q 62c NORTE SALT LAKE sin 8 (USDA1—o Ian 8 (AMISDA)— Americans know very flinch less Jean Telephone and Telegraph com- new applications Coal and copper share oils at 12 Uzia profits while 'Hoge—Receipts 15 of circumstantial evidence Cattle week'il and °Moth? calves—The folding cattle trade tiord wrikdr: seed—$280 Q 295 toll! about Canada than Canadians know pany Saturday reported net oper- mining require great vohmsei of ex- - chemicals are customarily' priced at Red clover-63- 000i OcilOF 03500 tweet clover was Jug moderately active after Alondare ieg75 associating the Pennsylvania rail- locals 20 to 80 times earnings With the 850 ating income for November of 81- - plosives slow start mkt prices looked about steady road with the Pennroad company 292501900 Cattle—Reoelpts for week 7700: steers -about the United States Carbon black is necessary for outlook for better business later in 122279 compared with 13643133 in A material increase in receipts made a 25 to 40 cents lower heifers steady to 2g the is classic Among also the recommendation of the su- - Kansas City "examples cents lower cows steady to 15 cents November 1936 The figures cov- making automobile tires New con- - 1988 the chemical industry will be total count of 1817 head to compare with medium to choice fed steers and of a young and apparently ered operating activities only ex- struction and home improvement a real leader Stocks of established perintendent of banks of New York Jan11 (AP)—Wheat— 730 last week and 2848 lad year Very higher: yearlings 16750800 common to medium story state that railroad bonds once Re7eVtZAS63-CITY - cam 4aci lower to 214e and feeders well educated American who on cluding nonoperating income such should boost the demand for paints concerns in this "industry of 1938" little change lit the quaky of offerings steers 15350650 stocker 11640 41)780 0725 fed heifers legal but now by the most chafita- - higher No 2 dark hat'd14 108114 Nonom3 was noted and good etock WSJ scarce Com- 1460 and other and lacquers Medical requirements should be included instveryins others 1625 down: cows $500 Q 820 booking a room here ' remarked to as dividends: interest ble measurements dangerous mem- l'aingalLOnia120'15013 mon and medium local steer! in odd lots utter' grades revenues end otmoperating charges I maintain a rteadyoutierfofinedicAl eistorloillsEtaprovide balance stew- -1320 04i5: stock vows tleiman-behin341026108 3' thbvedwithin 485—----an hers 0f any bank portfolio- should No 2Xd nominal a 0894--bunk 0 1350 a range 91 15000150-and'heife- rs chemicals Plastics are finding their bility and long-tersuch ea interest and rents paid appreciation - 21114 for week1654 strong gil be weeded it may be Went mostly at 1400 49600 Medi- to 25 cents higher top yealers 11100 Englieh aren't you?" 62 cars tte lower to um and good cows rated at 8400O 475 slaughter calves stockers asked will buy them if' they are corn—Receipts 16500845 "No" replied the clerk "What white nominal 82 0 and cutter to common kinds 4e higherNo No3 2nominal offered in quantity? at 13350 16506700 62 c 60 8312e for week 1300 steady: makes you think I ant?" a Low cutters ranged arotmd $3250 medium to choice wooled lambs 1800 No 3 60e No 375 No 2 yellow 601206( 0 "You speak English remarkably No 3 nominal 275 A feW bulls rated at 8475 down and 885 good ewes 13500400 ' ? Plini 24 i9SP2-1Reorgardzation Needed well for a Canadian" he replied 584 0594e Close May 60e July 60c common to medium Vglers at Jan 8 OMAHA $5000 are there If stny "econornio roy- September 590 none unchanged to 24e 800 10015e higher ' thought all Canadians talked Receipts 5000 active 25e to than average spots Friday's alists" among the living railroad higher eiptsNo 2 white ench!" nominal 3314 Hogs—After a week of uneven fluctua65 bead choice 201- Itions the butcher market registered at 1840 by shipper for 3 nomitraV32 afe 33d executives (there were a number 34112c No An American woman staying at bulk good and choice pound averages 123 to 3o cents divine on late sates Milo rnalze-Nobows 99002106 pounds 18154835 some who qualified for this title were steady to strong he same hotel told the clerk that The best Light auto Katir-s- ales 96 980 18000825headfew pounds meoulm weignt 13mA:hail were dad tor pounds Rye-- 76c he had the whole afternoon to years ago and left a mess behind) good sows 1650 17750810 Odd last Co 43 88e and Muted kinds at tit2h 4 compared Barley-Noin833 882o unbutchers weeks Friday to be charitable enough No 1 hard and dark hard wheat 8 to 6113 bows went mostiy a o2o Cop 'tractor ot they ought 220 pounds 25040c higher 220 pare and was thinking of exploring were larger in toe Medi der over May No 2 hard and dark to give thanks for having a staunch 18 cents Pounds 50065o higher sows strong the neighborhood "As a matter of Caterpillar to 14 cents over No 1 red 7wheat division this week with 13898 head as to 15c tipup stags steady tour sties friend in the White House And ta to 87 cents 'the cents against over No 2 red 4 to 316 a week ago auto 11823 a 150 compered Friday fact" she added "I may pop over cents to corn commerce 314 214 A double white No over deck load nglog 2 of 88 year the ago interstate rowoulactutes if weak to sea thosa Dionne quintuplets but pound last week fed steers and yearlings --- cents Utah iambs-- to 1 oto mostly 25d lowerextremes off more as—is believed made its over-Ncent over 4o 2 mixed cora even to freight from origin A car of 92 pound on good to choice longfecie: good to choice I mud be back in time for dinnerri 'drawbar Diesel to 05 tahs without freight benefit brought heifers weak common and medium grades (The home of the diagnosis of the immediate trouble over quintuplets is to 25e higher: beef cows weak $785 Trucked in iambi were sold witnin 35 of the railroads it should prescribe a range of 8760 D800 and some trucked strong cutter grades Strong to 250 higher bull more than 2000 miles from Vanurea slowof horn 14 'wee for $2240300 Its medicine before other systems Minneapolis stockers and feeder and couver) Note livestock Carloads of shipped-ibislit for week—ted steer - torserwertreetes—ranging aali 8 follow the Erie into the legalgraVe ynklmtAeotts or a—iniddle the North bait- flunilysteady reshipment-on $650 0 825 numerous Receipts 60 cars r tradling No beats-- up le bought-fSidU--- 1 ELKnOWI 11VEKIS 830 11411:35: choles162-pouin varii6woman het caslç-American aged returning 1117--2We amounta except when otherwise stated A 54 &avow 11050 good to choice heifers 1625 No gasoline 128 6117 Unquestionably many 775 few loade 17250750 beef cow from the theater "everyone atood No 2 8 OGDEN and northern 611534 Jan dark (1128 :rat lots few In the United States today need $114 15750600: Cu up while the orchestra played a 3 $110121A calvee--T- he market this week darted 15000550 0 123 No nominally bulls 15500 tune It sounded discounted the new year with a little more life ter grades 84000500 relief in the torm of higher rates Tlower test weights NO 11013ePirttlnertelisetlianengilltiectS or vea at lers 650: 1950 top few practical ' 1 bard hymn liontana than waa idiom' through the e10111116 weeks 2e per pound fancy stocker and feeder Steers 1600 something if they are ever to attain a 6113 No 1 dark hard or No 1 bard of 1931 A little improvement la quality 11000 but X couldn't underur 750 bard was apparent compared wtill a week ago stable credit they 'must submit to Montana winterNo 161057h 0107 stand none want should people compered Sheep—Receipts why No Friday was durum 97400311314 amber the market with but lotsepowet law a spotted week lambslast their fat an adjustment in 250)50o higher capital 'truc- 2 94t4e 61121A 3 No hymns on a Monday" (She had lower points considering the better god- slaghter ewes 9100 a stw6 25035o higher: feedtng heard No 1 ity offered No 4 881de ture imsproportion to their probable $109 $104 Receipts numbered anis bead lambs around 25c "God Save the King") lower closing bulks 9714 0980- as durum Violetsor — in red 1346 4828 and last wed( choice against sorted iambs native grade 1800 A man returning to Seattle from earning powor—Not &kw of them 2 664 57 the tint weekrof lastyearThirty-on- e load lots- - fed wooled lambs 1800 slizieess:c'tot weleltedevertig Diesel basis tip 'tic quotations up till head of medium and good feed lot steers 0825:are in the position of an individual trading Victoria 08150 Coof and 1850 top British choice good closing capital (the 3 white 30th 030C Oath-- No were trailed in at $685 with some out ewes $3000375 good and choice feed- — ' with a small Income attempting to Bar1eytbsougit -48 (8) Wre at 1600 A ow carloads Of Idaho and ing lambs- - 1700780 bred ewes 1360 lumbia) referred to the parliament 60120 both 2 75 maintain & heavily mortgaged es- - -- Rye--ax--No drivems rated at $600 of the lots town 425 as finest the hall he buildings engines 1 lel 6311 SS 218 No frora few loads of Idaho at it 675 and tablishment If the reorganization CHICAGO Jan had ever seen of gasoline Sweet clover A few odd advems Made Receipts ootot 41o'15o50o 11000 sizes with es such generally road Missouri the of steady a 8700 but the bulk of the local supply Friday's average email lots Choice plan p0Viersod light lite to and at went down muter 6650 estian 1 accurate $300 plain Pacific represents hogs 1865 practical top 1850: few st tiverpOol 'Two loads or good light heifer' brought loads — 265 to 300 pounds 1750 wheat 8650 and a load rnate of what this property can LIVERPOOL lan I (AP)-floor two of weighty iocals 0775 butchers vowerea Canadian took 115: holdover 1000 Scl moved at shippers Si Australian 74 10di selVprepellea Company —Danubian 'Odd to common lots of in averbondholders 8550 for its the ate earn with week ago barrows and medium driveitis bulked at S4O0 ge 600 compared 1 lad7o317hch: ALI gasoline ' gilts 250 pounds down steady toq0 cents The best lower age year the present debt and car-id- s rguiriligrAl and cuttery kinds at 8400 down heavier weight and soWs steady to Buys Mine in Idaho $clobii moved 3u at most In the of Icows including $450tpo0u driveins cents higher 10 rying charges head- of good and a It Cattle—Receipts 500 calves 100 comeastern territory exclusive of large GRANGEVILLE Idaho Jan I part load of Idabos at the $500 mark fed steers - and Common and medium driveins went Mostly pared Friday last week trade ' he systems like Pennsylvania Norfolk lymumPeg --3 A -ttiA activedue yearlings steady: closing at 63750425 and the two cutter grades In large pare to abridged receipts undertone and Western and Chesapeake and 'Zilialt1PIG 1li30gt B '0 of Vancouver Medium and good bulls lower in event of at Co 8200e0350 has purincreased rune —11129 mar 91 bulked at 84250525 with a few of extra beef trade broader sharply Ohio are beyond their capacity toL July not emphatically chased the Lone Pine mining prop1 22 ' 120 12114 at $535 and cutters as low as so good and choice but mediurn weight and 10134c 'quality October '''Si:b eat--- 101 at Golden for $250000 irony F Good and choice veal calves were support' $350 but-alheifers weak l northern 1153 grades light erty cash In of the bold for 1800 0850 and common to medi- heavy The rate of strong-t25 cents higher common O and S O Idiller of Lesviston No 2 9126 um vealers at $750 down to 6500 and heifers $1444440 et se i and ro medium C N 3 50 active 57 steel 0 Iron and grades very along with sharply industry under cutter cows and $6500710 Idaho t The property consists of four liogsThe market en bop was uneven $4000525 cutter sausage bulls cows and through moat of the weett but ended bulls 25 cents up but grades cows beef barely patented and 13 unpatented claims around 25 to 35 cents above last week's steady vealtre scarce steady extreme a'40-toGood and close on the best butchers n ball mill and power plant steers 11175: yearlings choke kinds late went at 6825 0850 and top weighty - hettera— 1950—with—weighty A-- li e-- m mixed kinds ranged downward to 6725 11125i steer kosher run : 11025 with largely at bulked Sows $5250600medium weight and weighty kinds pre- Ore i '' three-quarte- 1 11 1 B : i -- - - T I I i1 'eo 1! -- - - -In ' e e - n s er ' "one-indust- ry - I - - or havn-playe- I 41L Moro' Bay Copper Encounters Ore ' ge 275-fo- ot ' e a - - - ail '' f a e- " - - 4 ng - a constantly off I a - Tourists Hazy Livestock Market Prices I 1 ' it : ': ut---Who d m - Oats-Rec- minal 250-27- 0 100-25- 0 270-30- 0 minal Cattle---flecel- pts commision-lush—- It 0 - t vealers-steatl- n (AP)--Wh- ott-- '4After-ther-show"-sa- -- n lutriorntargat-carrrtrerdit-bettef- (il813A)--Catt- 1d 1 dieTplitor le tut ' 16° e 44-16- : load-nee- LINIE seed-585- - S o1 -- -- - 1000-poun- d - - - L UP)--T- ing 6VIPLETE company --- eonese 7 it t "11 —In tho o'u e it t 'c very near future we' shall amlounce an issue all thfeatures of a meritorious and profit able Investmen 1 I t '' Watchfor 'Our Offering 1 I 1 808-- 9 Continental Bank - Bldg- of sheep and lambs for the week numbered 12118 bead to cornpare-with 80042 last week and 29261-1ayear Two doubles ot 90 pound Idaho lambs changed bands hers at $825 freight one load paid to the coast with le ewes-iat 1350 One load of weighty-Idahaveraging 100 pounds went to the coast freight paid at $800 and two loads of 90' pontid Idaho' were 'sold locally atr$800 straight Thebest trucked tn lambs went Medium kinds brought $635 $7250800 some Shipments' ts that-combi- nes dominating hence light cattla becoming more popularweek'a averageprica slaugh-ter steers around 1830 stocker and feeder trade more active at 1800700 a few feeders gelling at $7250 heavy half-f775 with meaty yearling up to 1750 2500: for Week ending 500 directs: Friday compared Friday last week fat lambs closed 'strong to 0- 25 cents up- after having fluctuated widely in sympathy with varying supplies yearlings and 09700 with plain lightweignts down slaughtersheepstrong week's practical top slaughter were sold for $290 with 5 out Monday by shippers t and one lot madefinal top Vit85: week's brought 1500 yearlings - $725 elt 800 : rntop wooled yea r liVeetoek Note: Carineds of shipped-i- n lingo at outside: good-shoyearlings1 bought for reshipment on the Ogden mar- 16250680 doubl101 pound shorn lamb ket carry freight benefits in variable Monday $815: top slaughter ewes fi421 amounts except wiles atherwlsos- etatedbtu taco st ' United tholes Smelting Petiiiit Mg company 7545 tons National Tunnel & Mines company 1000LArnarican Smelting & Relining company 720 Utah Copper company daily average of 201 83-to- n ccrs Ptandard and Ptandard 19: Chief CAM- solidated 17i IL 8 Minso 12 Mora Lily 8 lfuraka Lilly 5 Yankee Con- us tepeztandartl-24Plut2 Utah Fire (silica) Clay company 2:—Chief Consolidated llimsh 1r Dragon IGmtnL1 - Part Park Utah Park City Mining company So0 Uoa aomeaLcatale- - 416‘ 1470 NOV" ii iTT Y Park Silva IUDs Coalt - ' 417 11111 NNT ' E mon TRACTOIL&EQUIPMENTZO READQVARTERS-2- 45 00 Conoolidate4-17- City Consolidated 10' ic Zuh-it- West South Temple Salt Lake City |