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Show urge diversity op imits "Tight Money" Situation Is Declared Test of Market-. Market-. ability CURRENT ECONOMICS, (By J. A. HOGLE A CO.) Events of the past fow weeks in the local markets for stocks and bonds I have done much to impress upon investors in-vestors the value of diversifying their Investments by generously apportioning apportion-ing their funds in various securities of recognized value and salabillty In I other markets than those of the inter-mountain inter-mountain country. j It adds enormously to the strength; of the community when merchants andi business men in the community have' with foresight spread their Invest-j ments over broad Interstate and inter-j national market securities. This is in no way a criticism on the practice of assisting new enterprises, and "home industry," it is, on the contrary, an effort to insure the safety and future fu-ture of these enterprises by a more logical diversification of resources to meet just such distressing periods as that through which we are passing now. Careful investment at any time anticipates an-ticipates the worst possible financial conditions into which a community, state or nation may run. In times of plenty when there is seen on every hand evidences of normal financial and commercial activities, when labor i industrious and capital is seeking productive use there is little difficulty diffi-culty for the poorest Informed in placing Investment funds in securities securi-ties which for several months or a few years at most will show no weaknesses weak-nesses and such securities may even enjoy something of a quick market should the investor have need for his funds. It is not for such times that the real investor is preparing when he chooses his securities. It is the period such as the one wo find ourselves in today .when money is said to be "tight" or in Other words when the banks will lend money only after great piessure is brought to bear upon them by their good customers and then only as he places with them unquestioned securities as collateral which at the same time command a broad market so that in the extremity the bank may not find itself tied up with a note which the customer has been unable eral for which they can find very probably prob-ably only the narrowest of market even though the securities standing as collateral are primarily first class. In short the investor does well who sielecls his investments over a diversi-Ified diversi-Ified field both as to classification and geographical location choosing as a large percentage of his securities those that enjoy national recognition and are handled by reputable bankers in many parts of the nation. Thus he has secured himself in the ablest fashion against the ravages of "tight money" periods and industrial reactions reac-tions whether they be peculiar of his community, in some other .part of the country or even national in scope. So it is today that the investor with available funds is able to purchase at his own figure representative securities securi-ties of a broad field both foreign and domestic. This is indeed a time which may rightly be said to come to us. once in a generation. Let us therefore there-fore choose carefully among certain of the industrial issues, railroad issues, issues -of electric energy corporations and Toreign government bonds. Following Fol-lowing this outline of investment we are insuring our future ease and independence inde-pendence regardless of money and general economic conditions as they come and go. OGDEN LIVESTOCK MARKET. Cattle Receipts 117; choice heavy steers, $3i)10.75; good steers, $9g 10; fair steers, $7.508.50; choice feeder steers, $7S.50; choice cows and heifers, ?S9; fair to good cows and heifers, $7S; cutters, ?4.50b'; cannors, $34; choice feeder cows, $5.306.50; fat bulls, $55.26; bologna bo-logna bulls, $15; veal calves, $10 12. Hogs Receipts 45S; choice fat hogs 175 to 250 lbs., ?13.5014.25; bulk of sales, ?13.7514.15; feeders, $10 12.50. Sheep Receipts 473S; cholco lambs lambs ?1516.50; wethers ?1012; fat ewes $810; feeder lambs $12.50 $14.50. Arrival Mutual Development Co., Colllnga, Cal., carload registered cattle; cat-tle; J. C. Kirk, Lyndyl, Utah, carload 'horses; G. O. Whltlock, Milton, Cal., 4 loads cattle; Ogden Packing & Provision Pro-vision Co.. Omaha, G loads hogs; U. S. government, Sacramento, Cal., 2 cars cavalry horses; R. M. Stanfield, Biggs, Cal., 3 loads lambs; G. O. Whltlock, Whlt-lock, Crows, Cal., 1 car lambs; R. M. Stanfield, Berkeley, Cal., 4 loads lambs; D.R. Agnow, Balto, Cal., 1 loads lambs; L. L. McCarthy, Collinga, Cal., 3 loads lambs. . CHICAGO MARKET. CHICAGO, May 29. Stoppage of wheat loadings In Argentina together with active export demand for wheat at gulf ports in tho United States had a decided bullish influence today on tho com market. Furthermore, receipts, re-ceipts, of corn today were much smaller than expected and country offerings of-ferings to arrlvo were light. With commission houses and shorts competing com-peting as buyers, the market rapidly ndvanced. Opening prices, which varied va-ried from unchanged figures to 3c higher, with July at $1.65 to 1.66 and September $1.52 to 1.53, were followed fol-lowed by gains all around and then something of a reaction. Oats strengthened with corn. After Af-ter opening unchanged to lc higher, including July at SS to SOc, the market steadied at a moderate general advance. Weakness in hog values had a bearish bear-ish effect on provisions, despito the upturn of grain. POTATOES. CHICAGO, May 29. Potatoes steady; t receipts 32 cars; northern white sacked and bulk $7.75)8.00. New steady; Alabama Bliss Triumphs $9.00019.25; LouUiana Burbanks $7.00 7.25 cwL; Florida No. 1 barrels $14.2514.75; No. 2 $12.2512.00. N. Y. SILVER. NEW YORK. May 20. Bar silver S9tc per ounce. , Mexican dollars 75c, r |