The Salt Lake Tribune from Salt Lake City, Utah • 17

a of BUILDING BONDS ISSUED Bank of Italy and Local Firms Offer $750,000 in First Mortgage Notes. A selling group, headed by the Rank of Italy of California, of which the Palmer Bond Mortgage company, the Central Trust company, and Edward L. Burton Co. are offered yesterday a $750,000 1s- sue of. mortgage 4 per cent serial gold certificates, secured by first mortgage on the Continental Bank building, owned by the Continental National bank.

These certificates, according to the Bank of Italy eireuJar, aggregate $750,000 in face amount and are issued by the Bank of Italy as trustee. They are secured by the 8750,000 principal amount of the first closed mortgage per cent serial gold notes of the Continental Bullding company, which notes are secured by direct first closed mortgage or deed of trust on fee simple title to the land and building owned by the company. The loan on the Continental Bank building was made by the Western States Life Insurance company and was sold by the Insurance company to the Bank of Italy, The Hank of Italy, as trustee, has Issued the certificates against the loan. TWO THIRDS SUBSCRIBED. Announcement was received yesterday by local investment houses that approximately two-thirds of the Issue had already been subscribed.

Appraisals of the land and building submitted be recognized real estate authorities have averaged 600,000 or approximately 213 per cent of the total amount of. certificates outstanding. The butiding is. the new and manent home of the Continental National bank, which occupies the entire main floor and the mezzanine. The modern fireproof safe deposit and coin vaults of the bank oceupy the entire basement.

The remainder of the building is devoted to office space. The structure consists of fourteen stories and basement. of terra cotta brick facing, steel and concrete fireproof construction. The equipment of the bullding consists of three high-speed Otis elevators, and a modern low -pressure vacuum stenm-heating system. The building occupies the southwest corner of Main and Second South streets, one of the most desirable corners in the business and f1- nancial district of Salt Lake.

The district is old, well known and thoroughly established, real estate values being stable and Increasing. INDUSTRIAL CAPITAL. Salt Lake City, the circular announces, is the commercial and industrial capital of the vast territory included in the region lying between the Rocky mountains and the Pacific slope. Salt Lake has a population of approximately 130,000, supports over fifty public school bulldings, and has fourteen banks with aggregate deposits of $68,000,000. The estimated annual average earnInge of the building.

are $228,060. ter making allowance for taxes, depreciation, operating expense and VAcancy reserve, the net earnings of the company Are approximately three times the maximum annual interest requirements. Maturities and prices are: $30,000. July 1, 1925, at 100.50, to yield 5 per cent: $50,000, July 1, 1926. at 100.35.

to yield 5.50. per cent: $50,000, July 1, 1927, at 100.50, to yield 3.15 per cent: $50,000, July 1, 1928, at 100, to yield 6. per cent: $50,000, July 1, 1229, and 1931, at 100 to yield 6. per cent, and $400,000, 1, 1934, at 100, to yield 6 per 'cent. Railroad Legislation Pleasing to Cummins DES MOINES, Iowa, Dec.

progress is being made toward enactment of new railroad legislation to smooth out differences between the roads and their workers, according to Senator A. B. Cummins, here for the holidays. greatest obstacle." said the senator today, "apparently was over: come when the railroad men agreed in principle to a board with judicial power, which disputes could referred. 1o, do not belleve there now is anything of a fundamental nature in dispute, although there still is some disagreement." The senator's railroad consolidation plan is meeting less opposition, he said.

He added that he felt certain it would be adopted. Railroad Labor Board Facing New Situation CHICAGO, Dee. -For. the first time since its formation in 1920, the railroad labor board today began consideration of a plea that it annul railroad wage settlement reached by negotiations. By hitherto untested provision of the transportation act the board is empowered to declare wage agreements void if it deems them likely to result in increased rates.

Request for such action was filed concerning the engine service agreement on the Southern Pacifie by the Jeffers conference committee of western managers, claiming power of attorney from virtually all western class one railroads. Dakota Superintendent of Banks Has to Resign PIERRE. S. Dec. 22.

-John Hirning, state superintendent of banks, today transmitted to Governor WIliam H. McMaster his resignation, effective Hirning's resignation had been requested by lovernor -elect Carl Gunderson. He has headed the state banking department since 1917 and has been identified with state offices in various capacities since 1909, when he was elected state auditor for a single term. CURB MARKET. NEW YORK, I Dec.

-Reactionary tendencies prevailed in today's curb market, although independent strong spots were noted In several sections of the list. Oils were mixed. Cities Service. Eureka Pipe and Southern Pipe Line advanced 1 to 2 points and Southwestern Pennsylvania Pipe Line Jumped 9, while losses of 1 to 21-2 points were recorded by Galena Signal, Prairie Oil Gas, South Pennsylvanta. Some of the selling was inspired by increased estimates of the production in the new Wortham field in Texas.

Radio shares gave a fairly good exhibition of group strength: Hazeltine advanced nearly 3 points to a record high at 451-2, closing slightly below that figure, and Dubiller closed point higher at 65. Public utilities were hard hit. losses of 11-2 to points being recorded by American Gas Electric, AmeriCan Light Traction, American Power Light, Commonwealth Power and Bast Penn Electric. National Power Light was active and strong. Trading in the new Frank G.

Shattuck stock was active, following the announcement that the public offerIng had been largely oversubscribed. I THE SALT LAKE TRIBUNE, -TUESDAY MORNING, DECEMBER 23, 1924. 17 REALIZING HITS GRAIN MARKET Wheat Breaks 3 Points Under Pressure From Traders Turned Bearish Chicago Drily By CHARLES D. MICHAELS. CHICAGO, Dec.

22. -Pre-holiday realizing was on in the grain markets, and, with some pressure from traders who have turned bearish for turn, wheat broke 3 to 4 3-4 cents from the high point of the morning, the most severe decline in several weeks. May sold at $1.76 1-4 at the start and broke to 81.71 1-2 with numerous stop loss orders uncovered on the way down. At $1.72 and under there Was good class of buying and the finish was at $1.72 to $1.72 1-8. December closed at $1.68 1-4 and July at $1.47 1-9 to $1.47 5-8.

Net losses for the day were 2 1-2 to 3 8-4 cents, Corn was 5-8 to 1 cent flower, closing of spreads between that grain and wheat preventing a larger decline December closed at $1.22 1-4, May at $1.00 3-8 to $1.27 1-2 and July $1.27 7-8. Oats were off to 7-8 cent, and rye 2 8-8 to 6-8 centa with December leading. There WAS nothing in the general run of news to induce selling other than the weakened technical The leading longs did no selling as fur as known, and continue to look for higher prices. Considerable spreading was on between Chicago and Winnipeg, the latter being sold, but the finish there was only 8 1-8 to 8. 1-2 cents lower, with commission houses selling and the country buying.

Holiday dullness prevailed in export circles and sales of only 000 bushels were reported. Business with Europe is expected to remain slow until after the turn of the year. Bulls were somewhat disappointed over the decrease of only. 1,256,000 bushels in the visible supply, having looked for around 2,500,000 bushels. Total stocks are bushels, against 73,577,000 bushels last year.

World's shipments were small at 9,178,000 bushels; or about 4.000,000 bushels less than average weekly requirements of Importers. Supples on ocean, passage were reduced 096,000 bushels for the week. Liverpool closed 1-8 to 1-4d lower. Corn acted heavy a good part of the day, with commission houses persistent sellers on all the upturns. Unalder $1.27 for May there WAS good support, with a fair rally from the inside figures of the day, An Increase of 2,501,000 bushels in the vialble supply brought the total up to 13.774.000 bushels, compared with 6,242,000 bushels last year.

Were service: with the Interior le still curtailed and offerings to arrive were small. Low grades of cash corn were 1-2 to 1 1-2 cents lower, with the number leading, selling at 13 to 14 cents under the December. Profit-taxing WAR on again In oats, and the finish was within fraction of the bottom after a steady opening. An increase of 1,632,000 bushels was shown in the visible supply, making the total bushels, against 19,176,000 bushels last year. December rye weak and went to around 7 cents under May, due to profit-taking.

Aggressive buying developed in May on the and the finish was on a moderate rally from the low point. Some of the rye which has been shipped out from here recently is now showing up at eastern ports, and the Visible supply Increased 990,000 bushels for the week and 220.170,000 bushels, against' 18,579,000 bushels last year. Commission house selling of lard on the weakness in corn more than offthe effect of Investment buying set and strength in hogs and the finish was 7 1-2 to 15 cents lower. Ribs were off 15 to 30 cents and bellies 1-2 to 5 cents. RANGE OF LEADING FUTURES.

Open. High. Low. Close. WHEATDee $1.721 May 1.75¾ 1.76¼ 1.71½ 1,12 July 1.50 1.50¼ 1.47% 1.47½ CORNDee 1.23⅛ 1.21% May 1.27% 1.281 1.26% 1.27% July 1.28% 1.28% 1.27½ 1.27% OATSDee .58 .594 .58 May July .62 .62 RYEDee 1.45½ 1.45½ 1.44 1.44 May 1.584 1.58% 1.51 July 1.83% 1.34½ 1.32% LARDJan 16.77 16.50 16.60 May .17.12 17.15 16.90 17.00 RIBSJan ...15.25 15.25 15.10 15.10 May 15.65 BELLIESJan 15.70 PLAY 16.27 CASH QUOTATIONS.

Wheat--No. 2. red, No. bard, Oats- No. 2 mixed, No.

2 yellow, outs -No. white, 08c: No. 3 white, Rye--No. 2. Barley, 77 Timothy seed, Clover seed.

$25.25 lard, $16.55. Ribs. $15.00, Bellies, $15.81. financial (As Reported by J. A.

Hogle Co.) B. C. Forbes of the New York American says the stock market continues to move forward faster than business. Unless business before long catches up with the stock market, stocks are likely to halt their pace. Further figures on basic Industrial and commercial movements in December were announced yesterday by the department of commerce.

On the whole, they show healthy conditions. While there Is a note of caution in many market advices by stock change firms, the majority forecast prices for securities as higher. Railroad freight traffic in October was the highest on record. National Bank Closes, With Heavy Deposits CRESTON, lowa. Dec.

-Western livestock paper is blamed by directors of the First National bank of Creston for failure of the bank to open today. Gerald B. Hadlock of Des Moines, national bank examiner, is now In charge. The bank was capitalized at $50,000 and Its last statement showed deposits amounting to $1,278,578. H.

8. Clark, Jr. said to be the principal owner of the bank, was the owner of a string of banks In CheyPenne. and small towns in Nebraska, which closed recently, TURPENTINE. SAVANNAH.

Dec. 22. -Turpentine, firm. sales, 1204; receipts, 240; 26811 stock. 13.878.

Rosin. firm: sales, 1061: receipts, 1510; shipment. stocks, 18,706. Quote, R. F.

E. 6.85; 1, 8.54: K. 6.75: 6.80; N. 7.00; WO, 7.80; WW. 8.00.

STOCK MARKET MAKES BILLIONS Heavy Trading, Which Came Without a Precedent, Made Brokers Rich, NEW TORK, Deo. the sociated Press.) -The postelection boom in stock prices, which today enters upon its eighth consecutive week, has added billions to the quoted value of securities and has brought sizeable fortunes to partners in New York stock exchange louses, many of which were barely meeting expenses during the summer months. Total sales since election day have been approximately 75,000,000 shares, with nineteen day's within that pertod, Kn unprecedented record of heavy trading. The average of leading industrial stocks has been elevated to the highest level since the peak of the postwar boom in 1919, while the general raitrond average is at the highest figure in seven years. Fifteen active issues alone have added nearly $400,000,000 to their mar-" ket value, and there are nearly 900 listed on the exchange, nearly half of which are traded in each day.

The extent of the rise may be visualised from the following table, which gives the of fifteen active stocks, the extreme gain from their low point on the day before election, and the monetary appreciation In quoted value on outstanding capital stock: Extreme Increase gain. in value. American Telephone U. S. Steel Southern Pacifie 40,464,756 Baltimore Ohio .23 35,327,882 New York Central 83.012.508 Atchison 81.957.530 Union Pacific 13 28,898.908 Fisher Body 27.600.000 Rock Leland common.

14,050.303 New Haven Nash Motors 12,831.000 St. Paul preferred F. W. Woolworth 12,075,000 American Can 274 8,717,347 11,236,074 Erie common EMERY COUNTY LAND RESTORED Tract Was Set Aside Under Carey Act for Buckhorn Irrigation Co: A restoration order on 28,819.95 acres of land in Emery county, which had been segregated for the Buckhorn Irrigation company under the Carey act in 1910, was received from the commissioner of the general land office today. by EIl F.

Taylor, register of the United States land office. Restoration will throw the acreage open' to public entry, Under the the provisions of allowed the Carey act, company was to perform certain development, which, Mr. Taylor said, has not been done in the allotted time. The direetor of the geological survey reported designation was not longer Justified. Restoration is 'effective January 14.

Former soldiers in the war against Germany have a preference right from that date until April 14. lands may be entered hofnestead or desert land laws, The cancellation and restoration or1der is effective on the following lands: Parts of sections 13, 14. 22, 23, 24, 26, 27, 28, 29. 30, 31. 33, 34 and 36, township 17 south.

range 10. east: parts of sections 3, 5. 6, 10, 15, 17, 19, 21, 28. 33, 34, 35 and all of 4, 7. 8, 9 and 18, township 18 south, range 10 east; parts of 1, 12, 18.

23, 25, 27 and 33 and all of 24, 26, 34 and 25, township 18 mouth, range 9 east; parts of 1, 5, 7, 13, 17 and 18 and all of 3, 8, 9. I 10, 11, 12, 14. and 15, township 19 south, range 10 east, and parts of 6. and 18 and all of 1, township 19 south, range. 11 east.

Wartime Shipbuilders Sued for Large Sum SEATTLE. Dec. Two suite seeking damages of $327,416 were filed in superior court today against J. F. Duthle shipbuilders here during the war, and J.

F. Duthie and wife by former stockholders of the company, who allege misrepresentation by Mr. Duthie on the value of stock in the Duthie company which they sold to him. The suits were brought by Henry G. Kessler and T.

F. Barsby And wife, who said they sold shares of stock to Mr. Duthie on his representation that the company was in a bad ftnancial condition. VISIBLE GRAIN SUPPLY. NEW YORK.

Dec. 22. -The visible 811p- ply of Amelcan grain shows the following changes, in bushels: Wheat decreased 1.256.000. Corn 2.501.000. Oats: Increased 1.636.000.

Rye increased 090.000. Barley Increased 229.000. POTATOES. CHICARO. Dee.

Potatoes, receipts, 29 cars: total United States shipments Sat. arday, 333; Sunday. 19; trading limited on account of cold weather: market strong Wisconsin sacked round whiten. mostly $1.0001.15: few. fancy, shade highbulk.

$1.00 41.10. COTTON MARKET. NEW YORK. Dee. -Cotton futures opened firm December, 28.70c; January, 21.70e; March, 24.12c; May, 21.47c; July, 24.65c.

Cotton futures, steady: December, 23.50€0 January, 23.550 March, 28.99 gl 24.36424.38e; July, 24.58e. Cotton. spot, quiet; middling. 24.10€ State School Lands Are on Clear Lists Five state school land sections have been clear listed by Commissioner William Spry of the general land ofrice, in a communication receired yesterday by Ell F. Taylor, register.

Part of the lands had been previously withdrawn for various purposes, including part of the Uintah national forest, coal and phosphate reserves. A mineral examiner of the land office recently reported the land nonmineral, and the department approved the report. The state's right attaches to the following sections, all in Summit county: Section 32, township 2 north, range 11 east: section 16, township 2 north, range 12, east section 36, township 1 north, range 5 east: sections 32 and. 36, township 1 north, range 6 east. 3 AMUSEMENTS MOTION PICTURES.

VICTORY Anniversary week, Thomas Melghen In of Flame," from Peter Clark Mectariane's Intest novel, and Harry Langdon in comedy, "The Luck the with news weekly and Emery Epperson and the Victorians. AMERICAN- -House Peters in The Newspaper Fun, Weekly Newe and Stolen Sweeties a monkey SALT comedy. LAKE The Bostoniane in concert. -Douglas Fairbanks The Thief of Bagdad." for oBe week, ing tonight. Merton of the Movies," coming Januery 1.

PARAMOUNT -EMPRESS William Mille': "Locked Roberts. Betty Compson, Robert Eieson, Theodore Gita; Telephone Girl comedy; Pathe News. GEM- late First Natonal release. featuring Corinne Gritfith, Milton Bills and Kathryn Williams. Also Aesop Fables, novelty comedy.

DRAMA AND VAUDEVILLE PANTAGES The City of Yesterday, Shriner and Charles T. drich and company. Barry and Rolle, Bodnet and Boyer and Life' Greatest dame. WILKER this week. This Is Lotdon, the big London and New York hit, presented by Ralph Cloninger and bis players.

'Thief of Bagdad' at Salt Lake Is Enchanting Film Be he ever 80 sophisticated and erudite, there is no normal Individual to whom his recollections of fanciful tales that were a delight in childhood and youth, and the lure of and mysticism, of occultiam and enchantment (no matter how unlikely or impossible), as set down by some of those genuses of the orient and made part of literature, de not yet an incentive to investigation and delight, badly materialistic though he may be. Into the truly great picture of "The Thief of which made Its first appearance in Salt Lake last night at the Salt Lake theater for a week's with Douglas Fairbanks in the stellar role, the producers have put about as much of fantasy and fancy, of magic and, occultism, of aotion and romance, the average person can "digest" in a single evening. The tale of the thief and his love for the princess 18 centuries old with it many a suitor entertained his inamorata long before art of printing was known. The belief In sorcery, incantations, spells, charms, magic carpets, flying, horses, and of Individuals in the form of men and women who are as much at home beneath the waves or above the earth as on the 'ground 15 equally ancient. It would puzzle the antiquarian to trace their origin, but no student denies: their influence.

In. "The Thief of Bagdad't one has visualized. materialized (idealized, you will) the wildest dreams, the most fanciful imaginings, of the forgotten vet Immortal. story -tellers of the Arabian nights. For the love of a princess the Chief reforms, accomplishes the "Impossi thing.

compared with which the seven labors of Hercules might seem trifling. Through the perfection of modern motion picture art and the genius of the men and women who have dethemselves to the coupled with an atmosphere suppled alike by orchestra and lavish expenditure scenery and costumes. the becomes really distinctive. While Mr. Fairbanks in the title role and Julanne Johnson ea the princess are the outstanding personalities in the depletion, it is not personality, but story and scenic effect.

that the picture the vorable Impression being supplement. ed. largely by the appropriateness of the music presented by an orchestra of more than a score, under. a talented director. The fantasy will hold the boards at the theater until Saturday night, with dally matinees.

Tom Mix Lauds Utah Scenery for Movie Location "Your state Is mecca of picturesque atmosphere," Tom Mix, moving picture actor, telegraphed J. H. Rayburn, secretary of the chamber of commerce, In a wire received yesterday from Hollywood. The telegram. follows: completed my latest picture.

'The Deadwood Coach, scenes of which were made in Zion and Bryce canyons. The splendid results in this picture prove that Utah has great possibilities for gorgeous motion picture backgrounds. To show my ep preciation, sub-titles In 'The Deadwood Coach' will tell theater patrons throughout the world that the scenes were shot in Utah. Without question doubt your state is a mecca of picturesque atmosphere. Thought you might be interested in this te further exploit your wonderful state.

Best wishes." Work of Cupid's Dart Half Done; Partner Sought Someone is here from Montana looking for a wife. according to ter Ralph Guthrie. who, on Postmas: of the writer, refused to divulge his name. A letter had been first received by Mr. Guthrie as follows: "In your position as postmaster you are no doubt able to assist me in my problem.

I am a middle-aged man and unmarried. am very desirous of meeting some woman of middle age, unmarried and unencumbered, who would like a good comfortable home and willing to make her home me on my ranch. I have good health, and will be kind and considerate. am medium complexioned, about six feet tall. and of medium stature.

"If you know of anyone who would be interested in such a proposition. would appreciate it if you would have them write to me in your care." No signature was attached to the letter, but his name appeared on another slip of paper which was enclosed. In addition to writing, the seeker. has come to this city, and will remain here six weeks, Anyone interested may. write to Box 1331.

Salt Lake, or to Postmaster Guthrie, who has essayed the role of cupid, pro tem. GREEN TO RESIGN SOON. INDIANAPOLIS, Dec. 22- William Green, secretary-treasurer. of the United Mine Workers of America, president-elect of the American Federation of Labor, announced today he would resign as an official of the miners' union about January 1.

IN THE DISTRICT COURT OF THE Calted States for the district of Etah. -In the matter of, J. A. Van Duren, bankropt. -In bankruptcy No.

8339. To the creditors of Van Duren of Salt Lake City, Salt Lake county, and district aforesaid, bankruptt Notice hereby given that on the 15th day of August, A. D. 1924, the said J. A.

Van Duren was duly adjudicated bankrupt; and that the first meeting of his creditors will be held at the office of the undersigned referee in bankruptes, 124 Commereial block, Salt Lake city, Utah. on the 7th day of January, 1025. at 11 o'clock a. m. which time the said creditors may attend, prove their claims, appoint trustee, examine the bankrupt, and transact such other business may properly come before.

said meeting. J. T. M'CONNELL. Referee in Bankruptez, Sitting at Salt Lake City, Utah.

Salt Lake City, Utah, December 22, 1924. DEATHS AND FUNERALS at the of her son. Wilford Colley, 1962 South Seventh Bast street. Mrs. Park born Granite, Utah, in 1805.

Be sides her husband, she de survived by the following children; Frank Colley, ford Perez B. Park and B. Olsen Balt Lake, and Fred Calley of Grace, Idaho, She la is vived by fourteen grandchildren, and the following brothers sud Despain and George 8. Despala of Granite; DeBart Despain, Ray Despain, Mira J. Butler, all of Salt Lake: Frank P.

Despain of Eureka, and Sire. Ida Jensen of Funeral services will be held tomorrow afternoon at 1 o'clock in the First ward chapel, with Bishop Joha 0. officiating. The body may be riewed row morning between the hours of 11 and 12:30 at the residence of Mre. Park's Wilford B.

Colley, Interment will be in the Murray City cemetery under the direction of the C. L. Goff Undertaking pany of Midvale. LEVONA MONA RICE, wife of John Rice, died Dee. 21, 1004, at a local hospital, aged 00 years.

Decensed was a native of Towa, end had resided in Salt Lake City for 30 yearn. Funeral services today at 1 at the chapel of Joseph War. Taylor, 21 South West Temple street. Friends are tavited to attend. Interment City etery.

RICHARD WILLIAMS, aged 72. died Dee. 20, 1924, at the residence of his son, George Williams. 532 South West Temple street. Deceased was native ol Tennessee and of late from Missoula, where be was employed as baggage man on the Northern Pacifie Railway, Funeral services will be held Wednesday at 2 m.

at the chapel of Joseph Wm. Taylor, 21 South Weet Temple street. Friends are Invited. Interment in City cemetery. FUNERAL services for Giacomo 2 aged 28 years, who died local hospital December 20, will be beld tomorrow mornlag.

December 24. The funeral cortege will leave: O'Donnell' funeral chapel at 8:30 and proceed to the Cathedral of the Madeleine, where masa will be celebrated at 9 m. interment to be Calvary cemetery. Friends wishing to view the body may de so this afternoon at 0' Donnell'a funeral chapel. FUNERAL services for Mra, Ada Blanche Anderson, who died Sunday, will be held tomorrow afternoon at o'clock in the Granger ward chapel.

The body -may be. viewed at the family residence in Granger this afternoon and prior to. the funeral tomorrow. Interment will be in the ville cemetery under the direction of the Simons Undertaking company. FUNERAL for Edward P.

who died Saturday at the family realdence, 503 Tenth East street, will be held tomorrow afternoon at 2:30 o'elock at the Unitarian church. 188 Second East street. Interment will be in Mt. Olivet cemetery. FUNERAL services for Rhode M.

Gurnsey, who aled Saturday, will be held this afternoon at 2 o'elock at the family home 468 East First Bouth street. CARD OF THANKS WE wish to express OUr sincere thanks to our many friends for their kindness and flowers during the Illness and funeral of our beloved daughter, Tallian. (Signed) Mr. and Mre. Ivan Bergquist.

FUNERAL DIRECTORS DONNELL 10., undertakers and balmers. 225-227 Booth West Temple st, Phone WAR PART. YANK EARLY. FUNERAL DIRKO TORS. Mortuary chapel, 48 80.

State at. 5516. EDUINUTON Undertaking Sugarbonse, 1043-48 R. 21et No. Call Hr.

125. SIMONS BRINTON. undertakers, 4918- 14.17 State at Phone Murrat FLORISTS RING FLORAL. 214 K. 2nd Deeorations and design work our specialty; prompt attention given.

Phone 2418. THE Whitehall Flower Shop, 82 So. State. Was. 8108.

Fine designs our specialty. Open day end night. ERNEST Florist. 61 8. Main, Tel.

Was. 1516. Salt Lake's oldest. and destine fiorist, SANDERS florista. Flowers and service.

143 R. 3rd Was. 2815. Tree Trimming EXPERT topper will fix your trees to look nice and take dangerous ones out. Prices reasonable, Ren Wan- 8196.

CEMETERIES WARATCH LAWN cemetery. perpetual care. 54 Main st. Phone Was. 1806.

MORA. EPPIE I PARK. of Henry Park. Dill court, died yesterday of said day, all the right. title, elaini and interest of said defendant of, in and to the following deseribed real estate to wit: Beginning at a point In the center of a four (4) rod county road hearing north four (4) degrees forty- (10) minutes, west six hundred ten and one-half (610 1-2) feet, east one hundred thirty (136) feet, north four (4) degrees forty (40) minutes, west from the southwest corner of the northeast quarter of section twelve (12) In township two (2) south of range one (1) west, Salt Lake meridian; thence on center of said county road north four (4) degrees forty (40) minutes, west fifty.

(50) feet, thence north eighty-five degreen forty (40) minutes, east one hundred eighty-three (183) feet, thence south four (4) degrees forty (40) minutes, east fifty (50) feet on the west side of a narrow lane, thence south eighty-five (85) degrees forty (40) minutes, west one hundred eighty-three (188) feet to center of aforesaid county rond and point of beginning and containing. Including haif of road, nine thousand one hundred fifty (9150) square feet of land. Situated in Salt Lake county, state of Utah. Purchase price payable in lawful money of the United States. Dated at Salt Lake City, Utah, this 8th day of December, 1924.

BENJAMIN R. HARRIES, Sheriff of Salt Lake County, State of Utah. By F. M. Mathews, deputy sheriff.

D. W. Motfatt, attorney for plaintiff. Date of first publication, December 1924. IN THE DISTRICT COURT OF THE Third judicial district, in and for Salt Lake county, state of Utah.

Intermountain Association of Credit Men. a corporation, plaintiff, VE. Wasatch Mines company, a corporation, defendant. In the matter of the receivership of the above-named defendant. Notice.

Notice is hereby given that the hearing of the petition of the receiver, Columbia Trust company, corporation, in the above entitled matter, praying for authority to issue and sell, for the purpose of obtaining money to meet the expense of conserving the assets of the said Wasatch Mines company, a corporation, a secured series of receiver's certificates in a sum not to exceed fifteen hundred ($1500.00) dollars, to which petition reference is hereby made for specific detail. is set for hearing before the honorable Morris L. Ritchie on the 3rd day of January, 1925, at o'clock a. at the courtroom of the said Honorable Morris La. Ritchie, in the City and County buildIng, Salt Lake City, Utah.

COLUMBIA TRUST COMPANY. By R. W. Burton, vice president. Irvine, Skeen Thurman, Attorneys for receiver.

IN THE DISTRICT COURT OF THE United States for the district of Utah. -Notice on petition for discharge In bankruptey, In the matter of Edmund R. Mille, -In bankrupter No. 8221. Notice hereby given that Edmund R.

Mills has filed his petition on the 19th day of December, 1924, praying for a diecharge from alt his debts in bankruptey. All creditors and other persona interested are ordered to attend at the upon said petition before the United States dietriet Judge, In the United States courtroom in the Federal building. Salt Lake City, Utah, on the 27th day of January, 1925, at 2 c'elock in the afternoon thereof, and then and there shew cause, if any they have, why the prayer of the SHERIFF'S SALE. In the district court in and for the county of Salt. Lake, state of Utah.

J. Emil Erickson, plaintiff, against Thomas, Martin, as the administrator of the estate of John Sellstrom and Mary Selistrom, deceased, defendant. To be sold at sheriff's sale at the west front door of the county court house in the elty and county of salt Lake, state of Utah, on the Stet day of December, 1924, at 12 noon Freight Business Increased 35 Per Cent in Three Months The Railway Age calla attention to the fact that the Increase in the freight business of the railwaye between July and October, 1924. 35 per cent and that. this was the largest increase that ever occurred in any equal period except following the settlement of the coal strike In 1922.

It points out the striking in the way in which there two large increases in business were handled. "The of tons carried one mile in October exceeded all previous monthly records." says the Age. "The previous high record was that for was August, 12,700,000,000. when The the ton I mileage ton milenge in October, 1924, was 000,000. "When the previous high monthly record was set in August, 1920, the railways for months, except in April, when the switchmen'a strike intertered, had been handling the largest business they had ever had; and they had about 350.000 more employees than they had in October of this year.

Nevertheless, in August, 1920, they had a car shortage of about 180,000 cars. big business of 1924, unlike that of August, 1930, was the result of a sudden and almost unprecedented Increase. Examination of the statistics, Indicates that this WAS relatively the largest Increase that ever has occurred in any equal period except between midsummer and the fail of 1923 when the coal The stock sold as high as 82 3-4, against the offering price of 27.60. Establishment of new record by Wenden Copper was the only feature of the mining group. British Columbia Mine Output Breaks Records VANCOUVER.

B. Dee. The output of British Columbia's mines for 1924, valued at breaks all records for mine produetion in the history of the province, Minister of Mines William said today. The total is an Increase over 1923 of $3.811,965. The gross coal production declined 484,456 tons, representing loss of $2,872,863 over last year.

The explanation given is that the Crow's Nest Pass coal and coke field, one of the most productive in the province, was idle for several months, Increase Expected in World Supply of Wool WASHINGTON, Dec. increase in the world supply of wool for 1924-25 was indicated today In reports to the department of culture. Although there are more sheep in the United States this year than last. however. the American wool clip is expected to show a decrease because of poor feeding conditions.

Australia's wool crop is expected to be increased 220,000 bales, or 53,000,000 pounds of scoured wool over the ceding year. An expected increase of 2,000,000 pounds also was reported from New Zealand: Reorganization Plan of Seneca Copper Announced NEW Dec. 22. Details of the reorganization plan of the Seneca Copper corporation. made public today, provide for foreclosure of the present first mortgage on the property: organization of a new company in New York with 800,000 shares of no par value and issuance of a new first mortgage in form -of 500,000, ten-year per cent bonds, retirable in whole or in part at $105, and interest and converted into common stock at $15 a share.

Holders of present first mortgage and debenture bonds will receive the new bonds on a dollar for dollar basis for principal and unpaid interest. The plan also proposes to exchange the stock of the old company share for share and $6 cash, for 350,000 shares of new common stock. Holders of. stock, debenture bonds and notes are required to deposit them with the Central Union Trust company of New York or the Old February Colony Trust company of Boston by 2, 1926. Crop: Production Not in Pace With People WASHINGTON, Dec.

22-Crop is production in the United States not keeping pace with population increases, the department of agrieulture said today in a summary. Although production has increased 13 per cent in twelve years, per capita production has decreased 5 per cent. Expressed in an index figure, total production for 1924 was 113, compared with 110 for 1923 and 100 for the prowar period of 1910-14. The per capita Index figure for 1924 was 95, compared with 94 for last year and 100 for the prewar period. The tendency of crop production to lag.

existed since 1915, the department behind population increases has said. GRAIN EXPORTS. WASHINGTON, Dec. Grain from the United States last week amounted to 5.283,000 bushels, compared with 5,344,000 bushela the week before. Commerce department figures today gave the following comparisons of last week's exports and those of the previous week: Wheat, 3,999,000 bushels, against 4.089,000 bushels: corn.

105,000, against 900.000: rye, 872.000, against oats, 190.000, against 100,000. Canadian grain exports from United States ports were 2,363,000 bushels, against 1,312,000. Flour exports were 249.000 barrels, against 380,000 barrels the previous week. For the first eleven months of 1924 the value of grain and grain ucte exported from the United States amounted to $388,000,000, the department announced, or $97,000,000 more than for the same period in 1923. The gain in quantity and value of the wheat exports accounted for most of the increase, since the wheat exports of 1924 to December 1 were valued at $97,188,000 in excess of figures for the same period of 1923.

There were gains in the value of rye, barley and malt exports from the United States during 1924, but. the value of corn exports during the eleven-month period was less than In 1923. By quantity, wheat exports during the eleven months ending December were 148,898.000 bushels; barley, 989.000 bushes: rye. 84.834,000 bushels; corn, 17,898.000 bushels, and oats, 3:464,000 bushels. TREASURY STATEMENT.

WASHINGTON, Dec. 22. -The following is a statement of the condition of the United States treasury on December 19: Income (to date date this year $1,761.066.451 Income to last year Decrease 110,969,796 Income over: outgo this year 130,071,829 Income over outgo last year 99.718,118 Increase. 20,363,711 Balance general fund today. 294.760,379 Balance previous day 301,346,024 Decrease.

6,586,545 BANK CLEARINGS. Yesterday's bank debits 2,516.269 Same day last year 2.871,475 Week's bank debits 17,159,884 Same week last year 20,157,763 CHRISTMAS GIFT SUGGESTIONS strike was settled: and the vast crease in business in the fall of 1922 resulted in a car shortage which lasted several weeks and reached a mAXImum of about 175,000 cars. Apparently the only other comparable increase In traffic occurred between midsummer and fall in 1915. The huge increase in traffic in the fall of this year, unlike that in 1922, was handled without congestion or car shortages and, in fact, throughout O0- tober the railways had approximateby 5000 serviceable locomotives in storage and an average of almost 000 surplus freight cars in good repair. facts show that the capital I expenditures the railwaye have made within recent years have largely increased their capacity, and that there has been great increase in the etficiency of operation.

large increase of traffle which occurred between midsummer and fall In 1916 was normal in the sense that it was not, like that which occurred in 1922. largely the result of the natural flow of traffic being for some months previously Interrupted by strikes. The increase in the fall of 1915 was the forerunner of an increase In 1916 which WAS relatively the largest that ever occurred in a single year and of a continued Increase in 1917 and 1918. These, however, were war years. Is, or is not, the recent vast increase of freight business a warning to railways and shippers to prepare for such an increase occurred in 1916, 1917 and STOCK EXCHANGE REVIEW OF WEEK The New Bork Times.

NEW YORK, Dec. apparently happened on the stock exchange. today WaS the attempt of some of the numerous professional experta, under "whose bidding last week's market made Its excited advances, to resell, what they had bought, followed by their discovery that no demand existed at last week's prices. Wall street tradition of "bull markets' used to be that on Monday, after Its Sunday meditations, the outside pubile could be depended on to buy at advancing prices whatever the should offer. But the tradition has worked out unrellably this season, and today's experience pretty much shattered it.

Even last week, with the general market rising, it was evident that an attempt by the "professionals" to sell even a moderate block of stock would cause quick reduction in the price Which was bid for it. When the experiment was tried today on larger scale, it was hardly. surprising that abrupt declines ranging. from 2 to 10 points should have 00- curred in what Wall street has. been describing as "the speculative favor- The day's renewed advance in the call money rate to per cent was naturally assigned as a cause, but there is no reason to suppose that the the reaction would not equally have occurred with motionless money market.

The outside public which ran at the heels of. the "professionlast week is the kind of supporter that will only follow a rising stock market and which will take figHt in a body at the sight of reaction. It is the most precarious of all speculative constituencies. Meanwhile, the really strong and trustworthy "outsiders" are not- in the habit of buying in so visibly insecure a market as lust week's. Even 11: they Intend to buy, they usually wait for the downward reaction.

The decline on the stock exchange occurred with the smallest total transactions of any five-hour business day since the election. This would seem to Indicate that the fall in prices did not primarily result either from concerted "bear movement" or froin a panicky throwing over of their stocks by the mob of outside speculators, but rather from the attempt to market stock for which there were no ready bidders. There was, in fact, a partial and rather general recovery shortly before the close, and the very slight change for the day in the average price of typical stocks showed that the reckoning was in store chiefly for the shares which had been run up because they are easily controlled by speculative groups. There were also half dozen or so rather sharp advances, but not 88 a rule of much importance. The market's action in the Immediate future will depend on the extent to which the action of people who may have been waiting to "buy on reaction" will offset the action of people who are still in the market, but may be anxious to get out.

The rise in call money rates was traceable readily enough to Saturday's $15.000,000 deficit in reserves of the Associated Banks. That will be caally enough adjusted through the federal bank machinery, but the heavy year-end requisitiona are now very close at hand. Sterling did not move much during the day, but it held Its position. It is beginning to evident, to close observers, that the question of "return to parity" be and of British resumption of full gold payments is now being discussed at London A8 It was not, even at the end of 1922. This may partly be a consequence of the fact that the statute giving control of gold exports will expire twelve months from now, so that England must make a posttive decision in the matter during 1925.

Demand for Japan's Silk in Germany Is Increased TOKIO, Nov. 26. -(Correspondence of the Associated Press.) Japan's exports of raw silk and silk fabrics to Germany show steady increase. From October, this year, exports to Germany amounted to 150,000,000 marks in value. LOCAL SECURITIES.

INDUSTRIALS. Bid. Asked. Amalg Sugar cont 3.40 8 3.70 do pre 94.50 96.00 Con Wagon. 17.00 30.00 Beneficial Cement Securities 175.00 185.00 Layton Sugar 170.00 180.00 Mtn Sts Tel Tel 106.50 108.50 People's Bug pid, com.

.75 1.25 Scramm-Johnson pta 104.00 106.00 Standard Cont Utah Fire. Clay 64.00 8 Fuel pfd .70 Sugar 3.00 3.10 do pf4 9.83 0.5% Utah Oil Ret 7.00 7.50 Utah Pr Lt pid 97.00 99.00 Ptah Home Fire Ins 288.00 294.00 1. 101.50 Walker Bros. Dry Goode 99.00l 100.00 00 BONDS. Amalg Bug 78 1937 102.50 103.25 Columbia Steel 08.00 100.00 Chief Con 18 98.00 101.00 David Reeler 78 1921-50 100.25/ 102.50 Morgan Canning 7.

1938 101.00 103.00 Mutual Creamery 78 1925-38 100.00 Ogden Port Cem 1925-33 100.25 102.50 8 Ogden Ry 5. 1934. 78.50f 80.50 Sumpter Val 94.50 97.00 00 Utah- By 7s 1028. 97.00 99.00 8 Term Co 1935 94.00/ 98.00 Springville-Mapleton Sugar 7 1025-34. 100.00 101.00 Telluride Pr Co.

6s 1925-35 1038 100.30/ 94.50 87.30 Utah Const 101.00 Hotel 78 1941 106.50 Utah-Idaho Sug 1930 101.50 102.25 Utah Lt Pow 48 1908 93.00/ 94.50 Utah Pr Lt 1044 102.001 108.00 do 64 2022 R8.00 90.90 Virtue Clift Bldg 102.001 104.00 Knight Sugar 74 90.00/ 100.00 U0 FOR THE WHOLE FAMILY- FORD FOR CHRISTMAS. SPECIAL HOLIDAY TERMS. 0. NATION CO. 47 W.

ATE SOUTH. HAND-DECORATED candles. ...880 per Decorated candleHand-painted alike for lamp .81.50 per and up shade covers and up beve a tine selection of other novelties complete line of wood articles materials tor polychrome ART DECORATING WALL. PAPER CO. FIRST SOUTH.

LOVELY band made gifte, something for each member of the family. Call afternoons and evenings, Mre. Stoll, 1150 8. 4 1 BI A gift the whole family will appreciate. Feats 8.

tel 1 rooms. Put the. Hestrela in the parierheats the whole Douse. Looks like phonograph -works like furnace. sumes more fuel than ordinary heater.

Bold exclusively by Co-op ture Co, Bold on easy terme. A NUMBER children a reed rockers. bese tiful tarn baskets and other attractive pieces. Pedler's Heed 468 2nd South. 2840.

ALL KINDS OF HAND PAINTED CHINA CHRISTMAS GIFTS. BERTHA WAONER STUDIO. 408-6 BCOTT BLDG. WAR. 2040.

IN our show are sure to find just the pieces of overstuffed turn. saltable for mother and wite for Xmas gifts, miso child's reasonable prices Royal Furn. 847 M. 2nd Bo. ALL.

kinds of bend painted china. cards, parchment shades, polychromes and plaster paria forms for decorating. Doris Walker studio. 217 Judge bide. L5EFCL, presents for home- Cedar chesta, rags, electric, EaR and conl ranges, phonographs, rocking ebaire, library tables.

dining or bedroom sets, Lincola Fur. 48 Richarda st. OLD VIOLINS. BETTER BORT, SELL ON TRADE. PHONE WAR, 6118.

GATHER your old rugs. Call 6007. Our estimate man will show you seven beautiful designs we can make from them for Xmas presents. Fresno Rug Mfg. 819 Atlas Bide.

AMONG THOSE PRESENTS: Booke, etationery, fountain pens, Anaco cameras, games for chlidren, cross-word pussle books, Deseret Book 44 M. So. Temple. HOLLEY wreathe, metaille painted weeds, cut flowers and Mall ordere given attention. Floradora Moral Co.

111 1 Main. Was, 10118. SLEDS, Jur. Bat06, coasters, wagons, dell buggies. kiddie cars, Nick a boots, states, games and toys.

at lowest prices. Jenkins, 428 So. State. TOYS A wonderful. assortment of gifts for boss and girla, at prices that cannot equaled In the elty.

Knudsen Novelty and Sperting Goods Co. 855 South State. Was, 4286. We have one of the largest and most complete lines of pictures and frames in the city. Armstrong-Engberg.

29 West 1st South. Was. 5281. UTAH Xmas trees, just in, large ment; best in elty and -best price, 1 you see them you will bay. Grocery, 174 No, and West.

HAVE his favorite magazine bound for Xmas present. We stamp your name in gold on anything made of leather. tion, leather or cloth, pubile and private library binding. d. Dust 221 Edison street.

BARGAINS- woot sweaters lowest prices, Bee and money. Many articles for Xmas gifts This entitles bearer to 10 per cent discount hematitching. Tomilnsos 86 2nd South. WENARY wardrobe trunka, traveling bags, suitcases, dog collars and harness. JONES TRUNK FACTORY.

261 Re. State St. Was. 7120. RADIO sets from $10 up.

Efficiency Radha shop. 71 W. Wan. 7336. BATHROBES The most beautiful barbroben in the at prices less than the ordinary kind.

HOSE, full fashioned milk new shades and best quality. They are Baguire brand, nationally known, $1 to $3 a pair. WILL Gray Sons, 181 So. Main PEER OF RADIO, ATWATER KENT. can Was.

8516 for demonstration. Meter Car Equipment For. 2nd E. and 3rd NECKTIES or exquisite richness, in elusive patterns and colors Tempting? Well, re Will Gray Sons, 181 80. Main VIOLINS, cellos, bows, canes, piete line.

We save you money. Jorgensen Viola Shop, 300-10 Constitutina bide. FOR XMAS gifts, men shirts a specialty and dressmaking. 1024 1st Was. 9705-m.

LOVELY variety, of fern baskets at modest prices. Stowe Basket 879 Bo. West. LAMP SHADES- Art novelties for hand-painted parchment, ergatallita lamp shades. We design to harmonise with your home.

Crystallite Studio, 205-8 Brooks- Arcade bide. Was. 8983. City, Utah. Dated December 22, 1024.

REGULAR STOCKHOLDERS MEETING. Notice is hereby given that the reg- toner should pot be granted. By general role of the court. it la further ordered that any creditor opposing this application shall enter lie appearance and file specificaLions in writing in opposition thereto, with the undersigned referee, in the manner and at the thine as provided in General Order No. 32.

J. T. M'OONNELL, Referee in Bankrupter, Sitting at Salt Lake City, Utah. Dated December 22, 1924. IN THE THIRD JUDICIAL DIStrict court in and for Halt Lake county, state of Uth.

Mark Manufacturing company, a corporation, plaintiff, Va. Joseph Nelson Fupply company, a corportion, defendant; T. A. Williams, receiver. sale.

The undersigned will receive written bids on or beforo December $7, 1921. at ten o'clock 4. In. for the whole or any part of the assets of Joseph. Nelson Supply company, wholesale dealers In heating and plumbing business, at No.

150 West First South street, Salt Lake City, Utah, and property In the hands of said receiver, the same consisting in general of plumbing and henting piles on hand, contracts for the purchase or sale of supplies, all accounta and notes receivable, office equipment and furniture, trucka, also restdence at No. 633 Eleventh avenue, Salt Lake City, Utah, and real property at Menan. Idaho, and other property. Full information in regard to all said property may be secured from, and all bids should be addressed to the receiver at 400-2 Scott building, T. A.

Salt Lake WILLIAMS, City, Utah. Recelver. Booth, Lee, Badger, Itich Rich, attorneys for receiver. IN THE DISTRICT COURT OF THE States for the district of Utah. Notice on petition for discharge In bankruptey.

-In the matter of George H. Jaggers, a bankrupt. -In bankruptes No. 8328. Notice is hereby that George E.

Jaggers filed his petition on the 1st day of Detober. 1924, praying for a dis charge from all his debts in bankrupter. All creditors and other persona Interested are ordered to attend at the hearing upon said petition before the United. States triet Judge, In the United Staten courtroom in the Pederal building, Salt Take City, Utah, on the 37th day of January, 1925, at 2 o'clock in the afternoon thereor. and then and there show canse, if any they have, why the pearer of the petitioner should not granted.

By. general Pale of the court, it further ordered that any creditor opposing this application shall enter his appearance and file specifications in writing. with the referee, in the manner and the time provided in General Order $2. J. T.

Referee in Bankruptes, Sitting at Salt Lake ular annual stockholders' meeting of the Fidelity Building Loan association will be held January 12, 1025, at 23 East 2nd South street. Salt Lake City, Utah, at the hour of 7:30 p. for the purpose of electing two direetors for a term of three years and considering the regular annual reports of the secretary and treasurer, and any further business that may properly come before said meeting. J. P.

BRADLEY, Secretary- Treasurer. Dated this 18th day of December, 1924..