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ij,:ag 10 THE SALT LAKE TRIBUNE, SUNDAY MORNING, AUGUST 24, 1913. S I I pray IS ILL FROM LOffiMlITION Trial Will Be ContinueH To morrow if Convict Can Appear. Because George W. Parry was not able to resume the witness stand in the preliminary hearing of former Guard F. P. Merrill, charged with having as sisted Parry to escapo from the state prison on August, i, the case was con tinued yesterday morning until 9 o'clock tomorrow. Weak from the effects pf wounds, fclf-inllicted at Iho time of his cap ture, Parry has shown evidence of suf fering under the rigor3 of the trial, Assistant County Attorney X. G. Mor gan announced to Judge N. H. Tanncr yeslordny morning that the convict collapsed after Friday's experience in court and was so ill as to require tho attentions of the prison doctor. Attor ney Morgan said that Pnrry could not possibly continue ou tho stand before Monday, but offered to continue tho caso with Deputy Warden Urc as the next witness for the sLate. Attorne' William H. King expressed willngnoss to havo the ense continued until Mon day, but. expressed a wish that ar rangenieuis bo made to finish the hear Parry was taken to police headquar ters yesterday morning under guard in time for court, but was kept in the de tectives' office and did not enter the court room. He appeared very weak and walked unsteadily. Attorncv King suggested that City Judge "Rogers might be asked to take the regular po lice court cases tomorrow, leaving Judge Tanner free to devote the day to the( Merrill hearing. Judge Tanner paid that he would try to arrange It. Attorney King said th'al he could fin ish cross-examination of Parry within half an hour and hoped to wind up the caso very shortly. I ROOSEVELT WILL NOT ATTEND CELEBRATION ALBUQUERQUE. N. M.. Aug. 23. Colonel Theodore Roosevelt will not attend the birthday annivcrsari' cele bration of the Progressive party to be held in Chicago on August 30." He so announced tonight, while here on his way to Now Vork from a several weul-s' outing in northern Arizona, 1-iirthcr than this, tho colonel declined to discuss the subject. Colonel Rooso velt will be in Chicago Monday, re maininjr there only long enough to change trains for New York. lie said he might confer with several Progres sive leaders while there, but that he had no special appointments. Accom panying the colonel are his sons, Archie and Quentin, who made the trip to Arizona with him. if "Hack on y I I the Job" I again and very quickly, BE f 1 I if you will only let I 1 1 Hostetter's Stomach Bit- j If I ters help the digestion to g l become normal, keep the ' i IE lver active and the bow- g 1 18 els free from constipation. IH These are absolutely nec- 1 1 I jj essary in order to main- 1 1 i Sjj tain health. Try it today, 1 1 I jjj but be sure it's 1 1 i HOSTETTER'S II i Siomacfi Bitiers N Miss Edytlie Thero, who is now singing at the Lotivro cafe. Mil II GENERAL IlffiOFDiRl Will Have Full Charge of Operation and Main tenance of System. Announcement waB raado yesterday of tho promotion of W. S. Martin, who has been assistant general manager of tho Denver & Rio Grando for tho last six years, to ho general managor of tho system with full charge of oper ation and maintenance. Mr. Martin, for four years prior to accepting tho position from which ho has just been promoted, was general managor of the Mexican International railroad, and for tho two years preceding his work there, he was general superintendent of tho Colorado linos of tho Denver & Mo Grande. Mr. Martin is now making a toux of the Utah lines of tho company, and arrived in Salt Lako City last night. He is staying m the Hotel Utah, and probably will work from this end of the line for some time. SALT LAKE FIRM GETS BIG CONTRACT Spoclal to The Tribune. GREAT FALLS, Mont, Aug. 23 Heusor & 61m of Salt Lake City were awarded the contract by the United States reclamation service, It was an nounced by the local office today to complete the Dodson north canals of the lower Milk river lrrlcntlon project, the contract prlco being: $66,444.80. Work must be completed by Octobor 1, 1014. It requires 210,000 cublo yards of ex cavation. 1200 cubic yards of relnforcod concrete, which will necessitate 100,000 pounds of stoel for tho reinforcements, and timber structures that will require 140,000 feet of lumbor. NO COMPLAINT ISSUED AGAINST DETECTIVES Charging that City Detectives William Zeeso and Herbert Lelchter took $211.26 from two of their countrymen during a raid on an alleged gambling" house on Ttlchards street, Thursday night, and that tho officers had turned but $43.85 over to the desk sergeant at tho polloe sta tion, a delegation of Ave Chlneso visited the county attorney yesterday afternoon and demanded an investigation. According to the story told tho county attorney, tho officers took $140 from one Chlneso and $101.25 from the other. The county attorney announced that he would Investigate before taking any official ac tion In the way of Issuing a complaint. CHIEF IS AUTHORIZED TO APPOINT SPECIALS INDIANAPOLIS, Ind., Ang. 23. To prevent any rioting or disturbances as tho result of tho Btrike of interurban trainmon and conductors which went into effect at 4 o'clock this morning, tho board of public safety at a special meeting this afternoon issued written instructions to Superintendent of Po lioo Ilyland authorizing the employ ment of spoclal policemen in any num ber that may be needed to aid tlie reg ular force in controlling tho situation. Because tho number of strikers ap pears to bo less than 100 out of more than COO intorurban employees in In dianapolis, it is feared trouble may re sult through resentment by the strik ers of their follow workmen refusing to join them. YELLOWSTONE PAEK Excursion August 28, via the Hotel Itouto for four-day circle tour. Only $38.25 round trip from Salt Lake City, covering all rail, stago and hotel exponsoB, with ac commodations at tho Old Faithful, Lake and Canyon inns, For descriptive itin erary and fnrthor particulars, call at City Ticket Office, Hotel Utah, or ad dress D. E. Burlev, General Passenger Agent Oregon Short Line Eailroad, Room 201 Descret News building, Salt Lake City. (Advertisement.) j I DiamondfielTjack Davis Offers 25,000 Shares I I Ij I of the Pre-Organization Stock of the I I Rochester Consolidated Mines Co. j I R' I FOUR CENTS I I ! j I PER SHARE ' j This property joins the Nenzel Crown Point on the north j and is bounded on the west by the Lucky Joe. It is traversed by the I Nenzel vein; also the vein of the Rochester No. 4, the latest big strike of Nevada's new bonanza camp, which for age and develop- 6 ment outdo both of the great camps of Tonopah and Goldfield. J Do not overlook this offer. Company has title to property. J j Diamondfield Jack Davis, Pres., F. C. McFall, Director. f Glenn Waterman, Secretary, Address: 322 Continental Bldg. k I I w- S. Crumley, Vice Pres., Salt Lake City, Utah. ' I A REPLY To the Attack of Heber Jede diah Grant on Guardian Fire Insurance Co., Backed by the Home Fire Insurance Co. of Utah. The Home Fire Insurance company of Utah has made public its opposition to a rival by a&saulting those undertaking to promote the Guardian Firo Insurance company. To this ond tho Homo Fire directors discredit the earnings of their own company from firo premiums and ,5001: to prevent competition by stating that the fire insuranco business is not profitable, and is becoming loss profit able day by day. The oxcusc given for the attack" on tho firo business and on their own inability to mako the busi ness pay was the republication of an advertisement which the Homo Fire and Heber J. Grant & Co. had published in the Dosorct News. This advertise ment admonished citizens to buy their insuranco in tho Home Fire and so keep monoy at home. Tho Guardian advertisement reproduced this bocauso Heber J. Grant as president both of tho Homo Fire and of Heber J. Grant & Co., had been secretly busying himself in opposition to tho formation of tho Guardian Firo Insurance company, and had, for a considerable time before tho Guardian advertisement appeared, made it his particular business to declaro to intending purchasers of tho new com pany's stock that tho business was un safe and unprofitable, and that the promoters were not men after his own law-abiding heart! The natural reply to these secret utterances was a repro duction of his Home Firo advertise ment. Patriotic, retiring and devoid pf sclf-scokiiig as Mr. Grant is, no ono will ! credit him with advertising for insur ance so ho can loso money for himself and the Homo Firo or -just so he can "keep monoy at home.' Is it unfair to assume that somowhere there is a profit in tho business for Mr. Grant? Were it true that tho Homo Firq Is not making money, thon it is not unjust to presumo that "Mr. Grant is keeping tho Homo Firo in a businoss that ho says is not profitablo so that Heber J. Grant & Co. can make its handsome commissions as gonoral agents for the Homo Fire? Very naturally Mr. Grant does not want any rival in tho field which might reduce liis commissions. Evidently it has not ocourred to Mr. Grant that an increaHo in firo rates is possible, but ho has yet to discuss this possibility with any of tho gentlemen no htiB endeavored to dissuade from par ticipating in tho formation of another firo company as patriotic in its purposo as his own and which also will strive to "keep monoy at homo." Mr. Grant makes the Home Fire say: ' ' We can have no objection to tho or ganization of new local firo insurance companies, as wo havo always stood for home industry and the policy of keep ing money at home." Now Mr. Grant has visited practically every ono of tho gentlemen advertisod as having con sented to becomo directors of the Guar dian Firo. Ho has writton letters to many persons advising them against buying stock in the new company. This work has been gratuitous on his part. Ho has advised each person he has soon that thoy would lose their monoy. He has set himself apart to protect the public from the machinations of those who are endeavoring to organize tho "now local fire company," yet ho says ho can havo no objection to such a new local organization. It will require more ingenuity than Mr. Grant has dis played in this connection to roconcilo his conduct with tho statomont in the Home Fire advertisement. If tho insuranco businosa is unprofit able and rates are not increased (a pro suniption very properly not considered), then time will como when all compa nies, including the Homo Fire, will fail: and those who have paid premiums will not only loso their money, but will also be unable to collect for losses sustained and for protection against which they paid their money to tho Homo Fire. If tho statement of want of profit in the businoss is truo, Mr. Grant's attitude is similar to that of the "bankor who takes deposits when he knows his bank is coiner to fail. On tho other hand.- if the payment of premiums means pro tection against firo losses (and that is what every person insuring in a reputa ble company knows is true), then the insuranco business must bo profitablo. Mr. Grant may take eithor horn of tho dilemma; but ho can protect his char actor for honesty only at the expense of his intelligence, or his intelligence at tho expense of his honesty. . Tho intimation that the Homo Firo is not making money on its fire busi ness is disputed by the sworn state ments of that company for the past ten years. These statements show that tho Homo Firo. dnrini' tho. t.nn vnarR Twinrl December 31, 191 2, paid out for fire losses only 36.7 per cent of tho mono' it received as fire premiums. Theso sworn statements also show that it cost the Homo Fire during the same period 46.7 per cent for expenses. Tho 3G.7 per cent paid out for losses and the 4G.7' per cent paid out for expenses make a total loss and exponse outlay of 83.4 per cent on every dollar received for fire premiums and left what is called an underwriting profit of 16. G per cent. Now tho Homo Fire has over a million dollars in assets. It costs money to invest theso assets and pro tect them. Loans have to bo made, commissions paid, rents and interests collected, taxes paid, clerks hired, office rent mot theso, with lights, heat, tele phone, printing, postage and every oth er item of labor aro all charged against tho premium income, and these items arc part of tho 46.7 per cent expense. Honco all tho company's invested mil lion dollars and its income from every source, including losses from bad loans and investments, are cared for and paid out of the money collected in for fire premiums. No bank has such an aihan lage. Is it any wonder, therefore, that insurance investments urc profitable? Or that the Home Kire make so much money out of its investments, when the cost of caring for them is met out of the insurance premiums? It is a eafc figure that it will cost easily $25,000 a year to take care of a million dollars invested. The Home Fire wrote in new fire premiums in the ton years ended December 31, 1012, $564,360. Sixtocn and six-tenths per cent profit on that cmn is $93,673.S0. Considering that tho Home Fire is twentj'-scven years old and that its average net premium in come for tho ten years in question has been only $36,430.00, the showing tends to indicate that it has had hook-, worm management. After seventeen years' existence persistent and intelli gent operations should have produced for the Home Firo as much premium in come each year as it has had in tho whole hist ten voars. This claim is modest If the Home Fire has none so poorly it is clearly not bocauso of its loss ratio, nor its expense ratio, which is unreasonably high, but becnuse or its inactivity. Another point to bo con- sidorod is why the Home Fire, the bulk of whoso firo premiums comes from Utah, and which certainly has or should havo tho most dcsirablo class of firo business, should havo a firo loss ratio to premium income of 40.4 per cent for the past five years, while that of tho average of all' other companies doing business in the state of Utah is less than 27 per cent. It is true tho Home Firo is writing businoss outside of Utah, but it is not less truo that the losses of tho Homo Firo would be loss wcro Mr. Grant as active in holding up his own company as ho is in his efforts to pro vent the organization of companies not fostered by uimsolf. Nor would ho feel moved to belittle his own offspring and try to provo by reason of tho ineffi ciency of its management that all per sons are eminlly as volatilo and uncer tain of nction and incapable of making monov out of a business. Of course, if Mr. brant is the last word on insur ance matters, there is no argument; but it should not be looked upon as sacri lege to question tho high opinion ho holds of himself respecting insurance and many other subjects. Jt is rogrot lablo his years of association in tho business should have done so little for him thiil: ho can discuss the subject neither authoritatively nor intelli gently. In ancient times a gentleman built what was known as the TCphision dome the admiration of all and tho envy of man3'. Ono of the envious, admit ting his ability to create so wonder ful a thing, and desirous of having his name as enduringly written on the scroll of fnme as that of tho author of tho domo, set firo to it. That gon tloman is evidently not without de scendants in this age. Insurance is based upon tho inex orable law of averages, Being founded on tho law of nvern.gos, it follows thero aro years when losses aro heav', suc ceeded by 3'cars when they aro low. Tho result of a c3'do of 3'eafs are what count, and it is no moro just to cite 190YJ, when tho Stin Francisco fire occurred, as an exhibit of permanent results, than it is to iRke a year whon tho losses are abnormally low as final ovidonco of what can bo relied on in the insurance business. The records demonstrate that failures of insurance companies do not come from losses, but from incompetent and indifferent management which results in an ex ccssivo expense ratio. Even in the year of tho unparalleled San Francisco fire cataclysm tho insurance companies paid dividends. The Hartford, to which Mr. Grant directs special atten tion as having been represented in his office for thirty yenrs, paid in divi dends in 1906 the year of the fire in question $437,500, or over 20 por cent on its capital. Mr. Grant admits that company lost over $5,000,000 that year, rot it was' ablo to pay a dividend and it sold $750,000 of stock for $3,750,000 or flvo for one. Of course, the pco plo who bought that stock did so be cause tho business was recognized as unpofitablo. Of couraol Manv por eons would rojoico if they could sell evon1 at par their stock in a bank whose surplus was wiped out b' ono loss, without asking any promium thereon, much less five for ono. Referring to tho Guardian Fire ad vertisement, Mr. Grant declares it con tains a misleading statomont wherein it say3 that in 1910, 1911 and 1912 it paid $2,200,000 on an investment of $1,100,000. Tho Spectator company is our authority for the statomont that tho original capital was $150,000. Wo quoto from its statement directly to the Agency company: "In tho 3rears 1853 to 1876 increases in capital wore mado as follows: 1S53 $150,000 1857 200,000 1864 500,000 1876 250,000 Of those sums $200,000 was by cash and $900,000 by stock dividends." In 1906 it increased its capital by $750,000 making its capital $2,000,000 of which $900,000 was stock dividends and $1,100,00 cash. That is what the Guard ian advertisement said. Tho advertise ment distinctl3 states that $3,000,000 promium was paid for tho $750,000 stock sold. Out of nino companies cited, Mr. Grant makes no reference but to one, and does not question the statement of their profits. Perhaps the whole offense to Mr. Grant respecting tho organization of the Guardian Fire is contained in the voluntary puff Mr. Grant permits the Homo Fire to pay for regarding himself as tho organizer of the Homo Firo. "In this connection," ho says, "it might be interesting to noto that not a single dollar has been paid bv tho stockholders of the Home Firo Insur ance company of Utah as promotion fees." Tt might b'e as interesting to inquire why in tho past ten years it has cost tho Home Firo 46.7 of its pre mium income to disburse for firo losses j 36.7 of its premium receipts. It might also be interesting to know why the nome Fire loss ratio is so high whilo that of other companies doing busi ness in this state is so low. in this connection it might also be well to noto that tho expense ratio of foreign com panies for the past ten years is a little over 37 per cent. The expenso ratio of all companies doing fire business in tho United States is under 39 per cent of the premium paid for firo insurance, while it costs the Home Firo, under t' management of Heber J. Grant & Co. 46.7. It is also worthy of .note that the Agency company has offered to make a contract with tho Guardian Fire In surance company to handle all its busi ness and pay every expense of the new company for ten years for 40 por cent of its premium income. It is aho worthy of noto that tho Aircncv enin. pany will undertake to put on the new company's books $.100,000 of accepta ble premiums tho first twelvo months or practically as much as Uebor i.T. Oram has been ablo to give the Home 1'ire after twenty-seven years of as siduous labor. And it is also interest ing to note that while Mr. Grant ad vises the people of this section to kcop money at home by buying insurance ii: 'I F,re' that a11 bllt -OUt $45, 000 of the premiums written last year by that company was sent out for re insurance in eastern companies, ex cept tho commission that stuck to H A -r?nt' G,; Is ifc u CfltJ!ird that a considerable block of the Home Fire stock is hol.l in the east, and that tho Home Lire is used us a torch io lih the heaven with the legend, "Keen money at home," while sending part of its dividends away? If the new fire company makes a contract with the Agency com pan? limiting its expense ratio to 10 ,S ui.. w.uie r.nai . ot tno Homo Fire con tinues to bo 50.2, as it was in W or increases as Mr. Grant intimates, the" the 20 per cent promotion charge 1 pur chasers or Guard an Fire stock w bo as nothing to tho 25 por cent nl ul creator expense ratio of the Home Firo than that of tho Guardiau Fire in t . 3'ears. u - This is the answer to tho uncalled for ! references to .the 20 per cent promo tion fee that is charged to secure Vut scrintions to tho Guardian Fire wo contend-that charge is iust fc the reason that the now cbmnanv. wher organized, will make money from the flny of its organization. Tt is so hedged about and protected bv agree ments that it cannot loso because it pa3's nothing unless monoy is brought in for premiums, and its expense ratio can bo fixed absolutely for ten years As between tho Agency company's guarant3" of 40 per cent for all ex penses, and tho 50.2 the Homo Firo is paying, and which Mr. Grant says is getting higher, in ton years the stock holders of the Guardian Fire will have saved moro than the 20 per cent charged for promotion. The inference from Mr. Grant's at tacks upon the now organization leaves the inevitable conclusion that his mis. sion in life is purely philanthropic that his special call at this time is to protect tho public against losing their monc Of course, when Mr. Grant solicits or sells insurance, he refuses to accept au3" commission therefor. Sure! Is it not true that his principal business occupation in life has been to take toll on" every dollar paid to him for fire insurance or insurance of any othor kind and that toll" is in the neighborhood of 30 to 35 per cent Why wondor at his wild and heated op position when ono cntors the domain ho has occupied exclusively for twenty-seven years? But it may bo said with safe assurance that a man who has made money all his life by exact ing insurance tolls should bo 'the last to object to others doing the same thing. It is true Mr. Grant did not assess anyone for organizing tho Home Fire. Ho protected the investors, but he has nlwnj's been willing to tako the highest commission from tho buyers of insurance and is toda3' publicly in op position to a reduction of rates in this section. "Woro Mr. Grant a man with a sano perspective of this subject ho would be gravo3'ard silent on tho sub ject of promotion fees, And this brings us to his excerpts from tho address of tho Hon. Silas II. Barton of Nebraska, who saj's, in one part of his speech: "Tt is with tho important item of $11G,900,4S3, under the head of expenses, that wo arc con cerned." In his letters and personal interviews and public advertisements Mr, Grant, novcr touches on this item, though a main subject of Mr. Barton's address. "Wliy Bocauso whilo his average expenso ratio for the ton years ended 1912 was 46.7, it was, 50.2 in tho year 1912, and, as he sa3s. expenses and losses are stcadil3 increasing. Mr. Barton says: "The besetting sin of the fire insuranco industry is discrimination and all tho lesser evils are tho direct and natural Tesult of the big sin." As to discrimination Barton de clares: "Somo states have shown more than a normal profit for a long period as long as thirty 3'ears while for tho same length of time othor states havo shown a corresponding loss. Lot us face tho question frnnkly and fnirl3". Tho insurance companies can roduco their rates in BtateB showing for a long period a profit abovo tho normal." It is fair to ask, when manj' gentlemen he has endeavored to pro vent from taking stock in the Guar dian Fire, why Mr. Grant has not called attention to the quotation in question? Mr. Potter, Insuranco commissioner of the slate of Illinois, beyond ques tion ono of tho most eminent firo In surance oxpert3 in tho United States, recently declared that it takes the Are insuranco profits from ton states, in cluding Illinois, New York and Utah, to make up tho firo losses sustained by firo insurance companies in tho stato of Texas alone. Ho also declares that tho Tates in these and other states arc kept higher than is right in order to mako up tho deficiencies of Missouri and Kansas. Mr. Barton sa3's the samo thing, but declares tho companies ar& afraid of thoso Btatos whoso rates aro too low. It is an undisputed fact that, generally speaking, insurance rates west of the Missouri river are too high. Mr. Barton's own figures, in the speech so glibly quoted by Mr. Grant, show that the insurance companies made $32,700,000 in 1911, the dismal year to which Mr. Grant points; while from the Spoctator Year Book for 1913-1914 tho following figures aro taken: Number of companies, 621. Capital paid up " (U. S. companies) $ 96,944,373 Assets 784,478.802 Net surplus 292,S93,2S3 Net premiums 373.G2G.991 Total income 410,760;353 Losses paid 190,073,164 Dividends (American com panies) 32.526,977 Expenses 136,733,S3S Total expenditures 359,33S,979 These show that tho 'capital invest ed in tho 621 fire and marine compan ies is about $97,000,000 at least 25 per cent of which was doclared from profits. It shows that their net. sur plus is $292 000,000, and that the div idends of American companies alone amounted to over $32,000,000, or over 40 per cent on tho actual cash invest ed as capital. A great deal of meaningless talk is indulged in about, underwriting profits. No reputable authorit3' says the fire in surance business is not profitable but thc3' foar unnecessary expenses and the discrimination made against profit able statos in favor of those that arc written flrc fi 'M 000,000 nK :tV 01 ot to cLn 5'M lthorcliSiA conio from if la"frw'B A". biiSB It must not ia money paid for t o income from & M times tho oriSs hat WjMt sufficient t0 c luS be $75 j.ooo,oob LTiM was a distinct nvfh UB. only overlooks t appear that allftHtdB tho Homo Tiro VrH emus investment; ilH lectors wSU?BffyJB tiou of tho wr! 50naj'! havo any knoiW Penfl upon it, tion v,-as withdrawn "ft Plunged into a bSnSW was shown when tf. JB mes ceased coin W81 nd inerchantSeSfB because tho SL l?J?H credit to mmCuSSM protection. If all doubt of tho rtlSjgfm companic.f firo glClff domanded, and overrKiEM o filed, Vita d!Sfr$S simistic viows vere J!3K Only Mr. Grant S o!$8B stayinabu5ine5SRW He alone h i daring eno SSB premiums for a coS make monoy out of ti & over $100,000 in fl ,.'J dencc that no on8 tf W hovos tho business l. . t dently the insane tmhlleOBl Mr Grant's dictuK.MuK the business or they irojUiK, money, and they uehidBl should keep money at Uzlm mg Homo Firo policies TM? pretty position for a tnutiiH and his company direoni Tho is not a dolhri2; of tho Guardian Fire fntP" company, which Beta-pudnBi II, whon the new compurVHi It makes a manogerud eaEi tho agency company, tbtttK make money though it ttSm cent less than it cots tUK, for hnndling the boriiKt-R make money for tho GcuiK surance company aj irelLiK Of course, firo insonai.K, can fail, just as any bmiiajEt can fail; but not DecWBjj sufficient opportunity solE firo business is not profiirtK fail it is because of IvimK honest or sleeping ii&aE ment. It Is with fire irnri nics as it is with nil GthrBp of life. Some push to tlt'E some aro absorbed by tbH' more vigorous. iB" 'This is true of many cajEjr, have gono out of bnjlnai iBn zntion. Some vogcUte tiB year without any appreoHft just as though time stcol H vanccmcnt were a meaihHD but for the active, caraK'.nBt1 ic there is no such thiizBp absorption, unless it he wJH ers. No business knoirn pM or returns for intelligent, BB energy than that of fire baHk records prove it, Tho MiW opportunity is here, aidtlB hero. Will any ono clitaHf does not exist In Utah t, sufficient intelligence :K7 charactor to achieve tttlBf1 We aro not of those K!BL "keeping money at fK? croaking, raven-hke, tW profit in doin? so. .iE Thero is room forffiOrtSr-1 companies in this tedtejBQ money in tho buiinei-', wjM: records demonstrate there is hc money. TITO AGEhTTttMW TRIBUNE WantB NOTICE how clean the brick and terra cotta on the new Walker Bank Building w coated one year ago with ,Kj PEG. U.S. PAT OFF Wl Brick or sandstone filled with this new M surfacer prevents freezing and staininf. ujfci High class signs, painting and decorating Hamlm Imp-Ervia CompajBl Office and Factory Phone Wasatch 368p0 I PHONE WASATCH 876. Corner Second South and Third I Salt Lake City, Utah. ftjjBL Prompt Shipment to all Parts of J5?. I High Grade Groceries. MaUOVM