Show THE SALT LAKE TRIBUNE SATURDAY 32 OCTOBER MORNING 17 1938 Y - Prices to New Five Year PeaksN Stock Rush Sweeps Buying -- N Y Stock Mild Selling Quotations Fails to Stop Market Pace Stocks NEW YORK Oct 18 (API— Following a lint of Friday's stock transaction! on the New York stock exchange: Press) hy the Associated 15 60 30 15 Iudust Ralls Utlls Stocks 7 7 Net change 7 7 xOVO xt:i 5 52 8 171 4 Friday 42 8 !H 9 Previous day 94 3 70 7 40 (t Month ago 00 O 67 9 51 4 37 0 fw t 50 3 24 u i enr ago 41 5 1918 high 71 4 53 4 95 0 30 2 1036 low 43 4 73 4 55 7 44 7 1P35 high 76 3 31 2 56 1 18 5 1035 low 21 6 49 5 348 xNew 1936 high Movement In recent years 1B32 low 70 8 7 23 0 ' 16 9 1929 high 140 9 153 9 184 3 1577 19S7 low 95 3 61 8 61 6 618 N&W JORK Oct 18 VP)— Buyers —A— warmed over the stock market Adams l Friday and swept prices up to new Adams-MiAir Kedvie peaks Alaska J u il A With fresh signs of domestic busi AlHeL'hanv CAD ive-ye- ar shoving European s Sirs Allied Mf Allls-- N troubles into the background trad AAmDank Can Fdy rs and investors climbed aboard AC A Coml Al Numerous heavy industry issues for A A F P $6 pf ains of 1 to 3 points generally Amdo Intern There were a few much wider ad Am Loco M A A vances Fdy Am Metal Am ilo $6 pf The Associated Press average of PAL 60 stocks up 7 of a point at 714 a n w was at its top mark since May 8 AA Roll Mill 1931 H A R It equaled the figure on that AmSafety Stl Kdrs Am Sug pf Am T A T Am Job date A Mild Selling Thefe were several mild selling no u Am W'Wk Intervals during the session but Am Woolen these usually only slowed the mardo pf ket's pace Trading was active in Anaconda Anch Can the morning and in the- - final- - hour ArrnDIII pf Transfers totaled 2050600 shares Arm A T A 8 F Atl Hefln gainst 1785410 yesterday Steels stepped into the lead early Utilities did not get far out in front at any time U S Steel jumped 2U to 78 and ConfiBethlehem was up 1 at 74 dence in the future of this industry was seen in the expansion plans announced by the U S Steel corporation 3 8 141 611 30 131 fil Scars-Roebuc- 94 k lOO 7 102 78 'A Mi 31 4j NTS 7 pf N Am Av Nor Am Nor Pao 45 80 60 18 12 46 V Ohio on Oliver Fm Otis P O Pac pfd Pfd Park A Til Park Utah Flm PathsMln Pat 59 13' Penrwy J 76Ml 96 4 4 4!It 5?3 57 129 ifr 121 17 57 29 f Phil Pet Pierce O 0V 71 82 16 30 Radio K K O Rem Rand f 1 70 81U 4 3 38 45 13 21 36 45 13 21! 2 Reo Rep Revn do Rate St J St I 2 73 33' h 54 11 54 Vi 8'i 6 !l49 Vi Snider 8 48 15 89 78 'SI) 17 15 Stone A W sturiebuker Swift MAS A Co SWlft Int Symington Tex A P Ry Texas Transamer 72' 120 2: 28115 44 14' 24 103 1 - Vi 'nil 04 21 7 6! 36 35 6 6 1122 1122 21 73l 73 ljllO 1110 419 21419 4Z 18l 21 Hupp Mot 108 III Cent fii 37 Iudust Ravi 1128 lnger Rand 114 Inland Stl 11I Iuspir Cop 90 Int Harvestl 4 Int Hy-E- l Al 62 Hit in i:an 48 Int Shoe 12 Int T A TI — 1— 91121 53 18 2 28 37 128 113 10 128-11 13 11 80 62 62 48 4l- 4 12 2 fv - 12 I119I119 14! 24 1211 22 881 54 8 8 23 21 53 27 KrogGroc 18 18 18 Lambert 1 1 1 1(111 141111 Lehman 104 105 10 105 LlggAMy Bi 43 42 Ioco lOj 43 NEW YORK Oct 16 ( AP) — Netherlands LimaCarb 42 42 II 42 to rise in the foreign Llq Ik glider continued 481 57 58 57 Lwew's market Friday but other foreign Loose-exchange 38 38 BI li currencies drifted lowe'r or remained un- Lorlllard PI Vi 4 23 23! 101 101231 changed In terms of the dollar 1 101 fi-The Netherlands unit was 15 of a cent Lou— Nash higher closing at 5385 In some quarters Mack M— 44 46 Trksl 35 the steady appreciation was attributed pure:ifll 53 1 53 52 R HI ly to commercial demand but In others Macy llll 49 50 U 50 Copj Magma y it wan pointed out the discount on Mark St Ry! 2 21 2 forward purchases was 60 of a cent 1 1 10 do Df 1701 whlrh might Indicate abort covering In the 801 30! 30 do pr pf preSeTit market 18 Mar 19 60 Field of a cent French Sterling sagged 2 35 35 francs lost 004 of a cent the Belgian McCall 121 18 8t IS of a cent and the McCrory belga was off 00 91 9 McK A R 10l 43 II 43 do pf i" There waa oulv light dealing: In London 11 11 where the dollar Rawed ty finishing at Mengel 61 60 489 H to the pound French franca closed Mesta Mch P 26 25 at 105 francs to the pound against 10506 Midland Stl! 46 46 yesterday Mlnn-8 1m 8 Closing New York rates follow: 8 8 K T A M Great Britain In dollars others in cents Mo Pa- cMr-3 3 cables —Crest Britain demand 4 9 66 161 7 7 do pf 4 France Monsanto bills 88 489 41 95 93 demand 466 cables 466 Italy demand Mont 141 547 Ward 2051 56 fc26i cables 526V4 Lode Moth is l'V 391 Demands: 16! Belgium 18 83 Germany 4027 regis- Mot Prod 181 23 23 tered 2060 travel 2160 Holland 5385 Mot Wheel 20 86! Cor Norway 2460 Sweden 2524 Denmark Murray —N — 2188 Finland 216 Switzerland 2300 Naill 221 18' 445:a Greece Nat Bisot Portugal Ciecbo-SlovaklSpain junquotcd 32 40! 32 80 Polland 1888 27 40! 28 C R 354'A Jugoslavia 235 Austria 1873n Nat D 43' 26 25 Pr Hungary 1980 Rumania 75: Argentine Nat 17 11! 18 D Strs Nat Brazil 887411 2862: 3263n Tokyo 2X1- 30 29 3055 Nat Distill 29621 Shanghai Hongkong 27 22 27 Mexico City 2788: Montreal In New York Nat Lead 4 U 11 34 12 N P A L few York la Montreal 8996 100 0314 ra 2 24 73 Nat SUnl Nominal Foreign Exchange 38!! 4ltl 40l 21l 7 82 31 13 47 29 17 151 38 14 126'll0 3 26 3 10 8 42 114 14 10 94 71 44 3 Cont 11 76 44 1 10 30 8 24 3 27 2 44 4 16 49 20 63 341 17 416 18 211 11 7 132 216 22 5 43 841 25 7 1! 65 14! 57 124 31 39 51 4 31 2 5 14 82 52 2II 2 41 3 4 34 14 76 12 o 7BI 101 36 82 31 3 2 281 24 3 U3 1128 itia 1093 112 1107 1079 1044 £600 A Co Hogls 19 15 22 32 2 12 17110817 12 11412 44-5- 3 40-4- Us 41 'do reg 44-4- 211109 1 108 22 108 3 1020 106 1 05 2 1108 2 1 1109 1 108 2 109 1 30 10830 46-4- 9 51-5- 14108 12 10814 2 107 2 107 2 6 108 3 106 8 55-845-4- 48-5- mem- - 4s4s 6a 5s 4s 4s 4s 4s 5s 5!v 5s 22 16 31 31 24 45 20 50 87 17 7 22 37 39 63 20 18 15 22 32 2 24 46 20 50 87 18 23 66 14 9 2 1 1 '' 1 171 7 23 38 39 64 21 18 ij 7: 36 vi 10 9 31 OAS 76 38 30 31 95 95 94 94 75 38 ' 29 30 31 95 95 95 ?5 iio 126:1241126 106 106 1106 110 110 1 08 4 P 1st 4s 47 i do 4s 68 Uu Drug 5s 53 U L ft T 5s 44 U P ft L 5s 44 47 UtllPAL 5s 59 6 115 5 100 18 103 9 104 45 104 12! 69 iO 66 115 100 115 104 104 68 63 1104 69 66 VaASW con 5s 58 1' 95 1 100 95 95 Wanr Bros £s 39 W P 1st 5s 48 Western Un 5s 51 50 5s 60 83! 97 3U 2 107 2 108 Il07 102:102 04 ilOO 96 97 10S:108 108 4c 55 Buenos A 2d 6s 4s C Mt B Co Hs Copenhag Cuba 3l 4 62 61 ovtM 00 41 French GCAL O G I Ger Govt 7s 49 2 Italy 7a 1951 1 54 Japan 6 n lfi s n:j N 8 W 5s 57 5s 63 U Norway N H El 57 Panama 5s 63 A 1 100 67l 6s6s 50 Apr 60 Canada Jan bi6s 5s 52 45 5s uenmark ias 7s 58 6s 5s 65 100 37l 10738 38! 107 2:108 6 100 1! 98 12 109 31 13 6! 21 3! 98 100 98! 109 13 21 97 :i08 67 101 110 103 105 30 100 98 109 13 21 97 57 57 56 100 99 18i 99 99 5 133 132 74133 21 36 35 41 25 V 25 41 30 30 91 83 83 27! 98 7s 98 98 84 84 3! K4 :104 104 1104 1100 100 19100 1 100 100 100 37 100100 7 351 251 30! 831 10! VRiinrlium 23! 23! — -2! 361 36 36 Walgreen 6' 85 65 65 sta asd 10 114 114'114 do ptd 131 62 61 61 Poland 8s 50 8 7 8U 32 Walworth 1 13! 18 R de Jan 53 1 1 t A 48 Ward BnkA 2! 74 74 74 Rome 52 1 13 Pic 14 515 Warner 141 31 77 77 61 Tok Cltv 39 4 39 77! Wess OAS 61 80 80 1 80Tok El Lt 6s 63 2 2 West Pac 82II 82 87 21 88 8RL Mi Yoko 6s 61 West Union 441 46 45VI WeMgh Air! Total bond sales Friday J15116000: 1 m 150 21 151 wear 150l previous dav $13712000: week ago $19- 21 1 White Mot 127! 23 51 15 year ago $10454000 two years 15 15 ls 052000: Wh Kk M S s go $10232000: 4 January 1 to date 4 6' 4 Wh Hew M 8 year ago $2622740000 8 871 $2785873000 H Co Wilson - Vn two years ago $3103674000 61 441 62 Woolworth 61l7 126 2 123 120 Wrieht Aerl 61 68 68 Wrlglev Jr 5s 6s6s 5s 39! 44l 1! 82l 23i 2l 68l 19l Yell T A CI S4 19 19i 87 86 Young KATf 37) 87 Zenith Rail' in! 39 iv 38 8 Eonlte Prod! 161 2050 600 shares: TrttBt snlea Frtdav ago 2235-99previous dav 1785 410- week venf ago 1455300: two vesrs aco 527512: January l to oaie ji vear ago 255917372 two years ago 38' 8l 8lt Boston Stock List Cotton Market NEW YORK Oct 18 (AP) — Absorption of continued large southern offerings by domestic and foreign trade buying account ed for a steady undertone in cotton jprinay December sold off from 1206 to 1196 cents with prices net unchanged to 4 points ' higher In Inte trading Futures closed steady 4 to 11 points "Sh"Close Low High December 12 06 11 96 12 02 12 02 11 90 11 99 January 11 96 12 05 12 08 March 12 11 11 99 12 tlO Mnv 12 04 11 93 1203 July Spot steady middling 1245c are fi4iiii 275816394 BOSTON Oct 18 (AP) — Following k iti1 tuj an1 elrtlnv nrii'i rtf stocks traded Friday on the Boston stock exchange: YORK Oct 16 Follow- 8TOCK8 (Sales In Hundreds) ISalesI High Alum Co Am 110501134 81 Am City B 6 Am Cyan B 38 35 81 41 Am Gas ft El do Dfd 50 111 Am Light ft T 12 24 Am Sup Pwr 18 2 As GftEl A 306 3 Atlas Corp 56 15 do war 14 3 Bless v w 11 20 Blue Ridge 3 3 1 no cv pr 47 Bunk Hill ft a 80 225 4 Cen St El 2 Chi Flex Shaft 54 650 Cities Service 4 64 do Dfd 6 S3 Claude Neon Lts l) 91 49 Colt Pat F Colum GAE pfd 450 103 PL Conwlth ft Sowar Con Cop Mines Cord Corp El Bnd ft Share do pfd do 5 nfd Electric Share do Dfd Equity Corp Excello A&T Ftsk Rub Ford M Can A do M Fran do M Ltd Goldfleld Con Gulf Oil Hecla Mln Holllng Golrl Hud Bay MAS Humble Oil Ins Co N Am Intemat Pet Ital Super pow Lehigh CAN Mouut Prod Nat Invest Nat PAL pfd Nat Sug Ref New BradfordT Newmont Mln Niag Hud Pow Sh Md B Sec Pioneer Gold Premier Gold Pug Sd P 5 pfd Selected Indus Shattuck Denn Sherwlu-Wm- s St Oil Ohio Sunshine Mm Technicolor Teck Hugh G Trans Lux United Gas Un Lt A Pow A Utah PAL pfd Wright Harg Ala Pw 4 do 58 56 Alum Co 5s 52 Am CAE 5S2028 Am Knll M 5s 48 As Elec 53 Bald Loco 6s 38 ww 4s do Ms 38 xw Bell Tel Can5s55A Chi Dls E 4 870 Cities Serv 5s 56 do 52 Comnwl Ed 4s81 F do 65 H ConGEL Ba 4s 81 do 5s 58 A E1PAL 5s 2030 58 3s Fireston Tire 5s-fHygrade Frt 6 49A Idaho Pwr 5s 47 II Pwr A L 5s56C Iud El 6s 47 Ind PAL 5s57A Int P Sec7c57E 5s 50 Kop GAC Lib McN A L5s42 N P A L 5a2030B Nev Cal E 5s 56 N E GAE 5a 50 NYPALt 67 Nr In 70E Ok 5s50 Pac PAL 5s 55 P O L A C4s81B Phil El P Pub BN 111 4s PS4s GAE r 15 39 21 194 2 2 3 1 10 11 9 13 30 10 4 21 2 23 2 3 15 3 20 3 47 79 2 53 4 '53 4 4 22 83 72 6 98 2 2 18 -188 8 24 2 8 100 100 15 14 13 13 29 29 65 65 72 71 3674 36 5s72 4s 8 3 10 5 2 91 26 3 94 14 13 6 2 91 4502 26 1 3 10 98 62 15 2 13 2 3 1 3J 66 7 16 7 1258 1 3 5 83 3 8 6 57 14 5 8 58 18 25 35 19 26 201 7 5 3 68- 7 92 5!1061106:106 8 108 I107!107 29103!103103 64 64 106! 67 51131 1131 Il3t ' 42!127124I127 9115 !ll5 1115 4105HI105 1105 2 77 77 6i 76 5 107!107I107 761 771 751 2'106I106I106 2il05ll05!105 94 94 94 90 89 4!l03 89 103 80 51108 51 80 11 102 103 79 79 61 108 so 108 80 102I102 1106 108 10106 1041104 4:104 2:102102I102 411047s 104 1104 93 100 94 1102 107 103 1104 lA 29'102 77 161107 61104 121104 91 6i 98-- ! 91 from T'n'T want ads First we sold' gun then a few odds and ends of furniture then we tried T'nT odver- tlslng to sell our store and now It's our car cash deals every one!"' 98 94 04 86l 107 86l '85! 86 7I106I106 1107 I Winchester shotgun pump brand new $25 1062 Jefferson street X9W 1'110I110I110 FOREIGN BONDS II 25 Sold Heater — 25 II 51 12 12 Total stock sales Friday 466000 Year ago 200055 Total bond sales Year ago $3364000 Friday $3200000 Y Bank Stocks NEW YORK Oct 16 (AP) — are the hid and asked quotations Following furnished by the New York security dealers on Nev York bank and trust company stocks traded on an over the counter basis: Friday BANK AND TRUST Bid Asked 32 Bark of Manhattan 34 Bankers Trurt 69 71 Cen Han Bk ft Tr 133 136 Chase National 49 51 14 Chem Bk ft Tr 63 65 Cont Bk ft Tr 18 19 354 Guaranty Tr 15 16 Irving Trust Manufacturers Tr 49 National City 43 INSURANCE Wool Market $2950 12l 5073-- J heater like new $1800 1180 East 13th South: Hy Grocery store home connection choice location business for lease Hy 3997 1 wiiT''f 1 - I 20000 Good deer rifle reasonable 3983 So 2nd East Murray 195 — o Sold Chrysler — Chrysler light ly overhauled Was S719 That's the advantage of phoning your ad to The Sftlt Lake before 5:00 o'clock Saturday afternoon Make EVERY Issue of The Sunday Tribune m FINAL CLOSING FOR SUNDAY ADS 9:00 PM SATURDAY Sold Deer Riil 1930 ' "Sihisiwi Tribune-Telegra- Leased Grocery Store — - v' EXTRA SUNDAY READERS 31fl2llO2'102 4 107I107:107 Ger C Mun 7s47 Santlaga Chile 7s 49 ' i Sold Shotgun- - 85 106ll06ll06 ( 'kfc"v-s- THEY got results so can YOU! 91 981 110I110 103I104 -' DEAL 1041104 6110 M "ANOTHER CASH chz- 76 78l1107 251 91 ' Yt fr 3 7 7 8102!102:102 18! 94 Mr 3 8 7 7 68 281 791 - 131 35 187 25 5 5132 1 Radio-Keith-O- r- 32 5 6 7 3 83 6 4i N M A Hanna Co and subsidiaries of Cleveland operators of Iron autloal mines reported for the quarter ended Beptember 30 net profit of $614419 equal after preferred stock dividends to 44 cents a common share against $474054 or 30 cents a share in the preceding quarter and $403393 or 20 cents a common share In the same period last year No provisions were made for eurtax or undistributed profits Lehn ft Fink Products corporation and subsidiaries drug products with principal plants at Bloomfteld N J reported for Uie nine months ended September 30 profit of $453343 after all charges Including undistributed itroflts surtax e?nuai to $113 a share of capital etock s gainst $204055 or 51 cents a share In the like period last year NEW YORK Oct: 18 ( AP) — (New York Security Dealers' association): Bid Asked Bullock Fund 20 50 22 25 4 40 Can Inv Fudn 4 80 2 97 Corporate Tr 2 90 do A A do A A mod 3 69 Dividend Bhrs 2 01 188 25 07 Fund Investors Inc 2668 6 55 Fund Tr Shrs A 7 25 do B 5 99 10 13 Maryland Fund 1103 4 73 4 83 Nationwide 8ec 2 13 2 29 do vtc NEVV YORK Oct 16 fu (AP)Sugarfirmer 1 95 177 Quarterly Inc Shrs tures were more active and prices 1 07ritand Utll Inc 116 on trade increased and Friday speculative D Am of 7 Tr 90 Super buying on new crop positions promoted by U 8 Flee Lt ft Pow A 2025 2075 the steadiness of the snot market and ex- do B 316 326 that the sugar quota system will 1 do vtc 34 Sedations 126 November sold up from 242 to 245 and May from 251 to 252 or 3 to 4 points net higher and were ruling at or within a Flour point of these levels at the beginning of the Rubber uci 10 (An — riour — last hour jHinrnj!Arvjia NEW YORK Oct 16 (AP) —Crude rub Futures — No 3 closed firm 2 to fi cotton Carload lots per barrel In to 2 No- ber futures closed dull sales 23500 tons sauna Family paiemi uncnangea sfjurq' points higher unchanged December 1646c bid: March 750: standard patents unchanged S680 vember 244c bid: January 250c bid points lower March 251c bldi May 252c bid JulyJ 1655c bid May- - 1662c bid DIIIIIICIIIO AIOOt f IUV Smoked ribbed spot 1644c nominal Pure bran — J2650(fr2700 254c bid September 257c bid v 2 5 14'104 si 291 94 Pg E PAL 5 849 21 86do 4 s D SEPAL fis 2025A 351106 So Cal Ed 60 51107 151 89 St GAE 6s35cvt St P A L fis 57 ( 147! 85 Tex PAL 6S2022AI Ht P&L 6 s 39 Wash G L 5s 58 Wash Wat P 560 Investing Companies "Earnings RepoH NEW YORK Oct 16 (AP) — Owens-Illinoi- s Glass company with plants in eastern midwestem and pacific coast states reported today the largest earnings in30history Net for ths 12 months ended Beptember profits were $9641998 or S725 a share on 1329593 shares of common stock For the 12 months ended September 30 1935 profit was $7893976 or $658 a share on 1200000 shares 1 1 10 10 r 8l railroad issue contributed and miscellaneous financing accounted for $2660000 ot NEW YORK Oct 18 VP)— Heart ened by highly favorable business reports as well as by expressions of confidence in further improvement during late fall and early winter buvers came into me Dunu moi' with substantial orders Friday Demands Swing v g to morespec-ulativ- e The demand-swunissues and away from seasoned investment media where it had settled most of the week Rail utility and convertible bonds were the principal beneficiaries while several specialty issues-werInterest quickened in well taken this quarter following publication of weekly carloadings figures show-in- g a new high record for the past six years ' Although utility obligations attracted considerable buying and closed higher on the day those on the big board were eclipsed by t heavy demand for Associated Gas and Electric bonds on the curb exchange These issued scored gains to 3 points the 5Hs of from 1 of 1977 up 3 at 67 making the wid- est advance Support Pictures In the specialty classification motion picture company obligations drew support lt pheum 6s lifted 2'-- i to 93 and gains of about a point were added by Warner Bros Pictures 6s and Paramount 6s United States governments returned to quiet ways and finished with minor changes gains ranging of to and losses to a point Foreigns likewise were unimpressive and little altered on the day A P Averages The Associated Press averages for 20 rail bonds gained 2 of a point to 978 and 10 utilities 2 of a point to 1029 The other groups finished even or a trifle better " Turnover for all bonds totaled face value compared with $13712000 on Thursday 2 8 48 Aetna Ins 60 Bait Amer 7 8 Treasury Report — Carolina 25 27 Oct 16 (AP) The po- Frank Flra WASHINGTON Low Cloe 29 ISalea! High 30 sition of the treasury October 14: Horns Ins 36 38 1153 771153 153 Receipts 9 Boston A Alb $5638081729 expenditures National Liberty 10 67 67 67 balance B016X3P883i Boston Kiev vtL $2031430v V Fir 65 —57 — 8 8 T180H customs month 96094: for the receipts CopperH SRange 11 11 12 7h4 125' 33 $16527 East 47 161 'lto !160 Receipts for the fiscal year (sines July Fdison Elec in 22 22 1) 5127884665446: expenditures 221 Employers Group - 220! 54 11 16' 54 Including $74278731215 Merpcntha'er 130 1130 of emergency exienriltures excess of ex100 130 New Kng TAT 28 28 1001 28 North Butte gross debt penditure? $68072011221: BOSTON Oct 16 i A PUS DA)— Rales of an 20 1801 20 of $446-40Increase 19785 $338:17620 Old Colony RS greasy combing domestic wool In the Boston over the previous day gold assets 52 70 2001 70 Gulnry Mining market were relatively small Frldav but 14 Mi $1100316347587 2201 14 141 isnawmul Assn sentiment wos steadily improving as the 27 27 100 27 Union Twist Dr I reports coming frum the goods and foreign 6351 94 93 94 Unit Shoe Mach wool markets were comparatively favorable 1 1 1 25! Utah Apex Bank Salt Lake Prices hetnr realized on current milea nf Clearings' 98 5001 95 95 Metal Utah 00 domestic wools were very firm The ImThursday bank debits 9 $2694141 00 9 6101 Warren Bros 8srne dsy last year 2432 567 proving outlook In the goods market waa ena firm pries policy by holders of Total Boston stock (ales Friday 23839 Friday bank clearings 325021964 couraging Bams day last year shares 860965778 wool In this market 19l period One indus- trial specialties shot up 1 to 9 points in the curb market Friday The advance was uniform with the trading leaders contributing gains of fractions to around 3 points Final prices were at minor recessions from the top levels Royal Typewriter soared up 9 dealings points to 96 on odd-lDetroit Steel Products rose 4 8 to 47 and Aluminum Co of Amer ica snowed a similar gain at 133 In the list showing advances of fractions to around 3 points were Amer Newmont Sherwin-Williamican Potash and Chemical New Jer sey Zinc Pepperell American Syan- mid "B" American Light & l Taction Airways and Electric Bond & Share 4660 0 0 totaled Transactions shares against 418000 yesterday Sugar Market — 47 102 4 8 24 7 35 40 111 5 1 Close 6 22 84 73 6 98 24 8 31 Low 129 DOMESTIC BONDS (Sales hi J 1000 a 67 291 93 92 Il07 70il03'103'103 FOREIGN BONDS (Sales in $10001 A P A P 5s 53 371 67 7 101 101 Arc 6s 1961 Feb' 5 110 110 Australia os oo 8 103 103 56 22 1051105 Belgium 6s 55 26-530 Brazil 21' 30 1 1 1081 1o!l07 4s - 75 38 108 42 30 50 51 'is 3S NEW (AP)— ing Is a list of transactions on the New lorx curb exchange: Phenlx 107 41 3s Vanadium 5s 41 31 18 23 67 15 10 2! 83 Underwit El 82Vi 82 22l 49 49 49 Union BAP Tin Carbide 99 100 15100 22 Uu Oil Cal 22 Hi 22 147 144 Union Pac 31 98 98 98 do Dfd 14 14 Unit - Air L 63! 14 55! 25 25 24 Unit- Alrrr Bis1 31 27 7i 28 28 United 92 3 92 92 Unit Carbon 7 7 7 United Corp 1341 14 14 13! 14 Unit Drug 79 80 5 80 Unit Fruit 15 15 Unit G Imp! 108 16 18 18 U 8 A F Seel 8 18 102 102 7 103 US Gypsuml 40 29 41 40 U 8 lnd Al 4 4 4 U S Leather 10 11 40 11 H da A 11 11 34 11 U 8 R ft I 37 U 8 Rubber 48 37 93 do 1stt pf 16 94 941 84 25 86 U 8 8m fit 85! 76 78 U 8 Steel 200 7N do nfd 2l!l43!142:i43!i 1 1138 1138 138 tr S Tob 37 13' 4 Util PAL A 1 f6 7 s 781 St I 8 F 4 do 4S su A 68: Sou Pac 81 do 8ou Ry con 5s 94 H W B Tel 64 Stude 6s cvt 45 501 Swift A Co 3 4S 45 42 41 36 com $350000 Niplaslne Mins Pac CAE 1 pfd Penroad 81105 14 100 48 U Curb Dealing In New York Niag R Rand 56 Rich 0 6s 44 A ct Tex F S 5 Tex Corp 15! 22 32 2 4s 4s os dj rost 1102 10109 484s 1 1 102 Pen PALI 4 s 81 84 E Pen RR 4 no 4 mj s yu Phila Co 5s 67 Pltl A W Va 1B60 C 801 Port G E - 46 52 23 18 'l07ll07 4s 61 Otrl Steel Ga 41 N 4 51 total wasin2310252 The v it" 28 18 24 123 10 New NEW YORK Oct 1 financing this week reached the largest total in several months as result of public offering of $150- 000000 In 3'i per cent Ameridan Telephone and Telegraph deben tures in a refunding operation 58-5- 9 9iiiiiii 16 OP)— With stock 51-5- es Oct YORK pared with $70912800 the preceding week and $15891136 In the corre 3s sponding 1935 week 3s 2 105 2 105 2 16102 27102 25 102 26 The Telephone issue amounted In 2s 17 104 6 171104 15104 2s all to $175000000 one of the biggest 12 102 26 102 25 102 26 2s 56101 25101 25 10125 mored private financing operations In Wall 2s 9 101 8 101 8 2s FEDERAL 14101 Corn easy favorable weat' - street history but $25000000 was FARM MORTGAGE set aside for the company's pension Cattle fully steady :is 49 181103 261103 251103 26 Hogs steady to strong top runa holdings 64 27 11104 271()427104 3s HOME OWNER8 LOAN $1025 Equity financing remained a mi nor proportion of the whole al 3s A 52 741103 17il0314 103 17 What the Stock Market Did though in recent months there has 101 26 10128 210129 2s 49 Fri Thur been a tendency toward a relative 6101 291101 27:101 27 2sThree 561 301 increase in its importance Advances CORPORATION BONDS Declines 159 382 stock Issues amounted to $2884- (Sales in glOOO) 182 213 252 compared with eight totaling Low ISalesI High Last Unchanged $14510800 the preceding week and 271101 101 101 902 Total issues 896 three totaling $680000 in the same Alleghany 5s 44 do 5s 4!) 39 8 98 98 perioB last year AmAF P 6s 2030 77 17' 78 78 49 Amiiicn Fourteen municipal issues added iiiW Am R M 4 s 45 10 $16416000 to the week's total This Am TAT 43 113 113 105 do col rs 40 105 compared with 17 amounting to 10do 6s 65 111 111 532000 the week before and eight cv 39 do 113 113 Anaconda 50 106 it6 amounting to $4294136 in the 1935 99 A Arm Del 4s 55 3S 38 4s 4s 18 10 43-4- 4S 44 31 Low Last High 2 1119 1 1119 2 3119 47-5- 5s 45 42 37 10 12l 23 14j 67 1251 15 4s 3s 4s 3sJune 4s 80 84 21 TREASURY iSales 4s 4s 4s 79 28 18 24 24 123 123 10 10 4B"'j 44 23 38 39 BONDS 4a 01 29 18 7 GOVERNMENT jcxenange) Dnu 99 17866 up 144 Arm 104 30 104 B985 up 66 221115 I114114 8503 UD 41 ATA8K 4s 95 BftO r(g 5s 95 112 93V 92 93 do cvt 60 247 82 74 ?1 J 82 H() BetJi stl 104 101105 105 15 1514 HI 109BI BUII U 21109 109 47 48 c 4VSS 87 87 Can Nat 67 113 4 4 1174 117V? do 5s 69 13 July 13 60 Can Pan 104 104 103 103 M UB do 4s perp 7 7 Cen Pac 102 60 6a 102 31 32 do 1st 4s 49 111 111 111 30 30 Certaln-t- d 3 48 93 93 116 CBAQ rfg 6s 71 A 116 13 13 CMSPAP 6s 75 28 28 44 47 3 do adj 6s 2000 29 29 i?8 CANW cv 49 17" 17 17V Colum O 6s 62 Ap 104 149 a 131 ao os ei 104 104 ConO NY 61 105 105 38 38 54 64 361 D A R G 34 12 12 D A R O W Bs 65 19 79 79 14 15 1 Erie fr 5s 67 104 B 110 do rf 5s 75 13 1 141 G- 25 26 47 GenCable 105 3 3 49 GenStlCst 93 8 34 Goodricn hs 45 105 13 Goody TAR 5s 67 10314 94 94 Gt Nor 77 Ei 10414 43 44 11 III Cen 11 84 66 85 III Steel 43 44 40 107 107 2 3 Int Cement 4s 45 1643 44 44 Int Paner 5s 47 101 10 39 Int TAT cv 4 10 Si 30 do 30 62 do deb 5s 55 3 4 80 49 49 501 A McK R v 62 104 V 63 104 Mo Pac 6s 77 F 17 17 45 44 do een 4s 75 17 17 17 17 Mont P rfg 5s 43 107 107 11 11 4 N Y C cvt 6s 44 7 7 122 do 5s 2013 100 22 22 1 do 4 s 2013 A 5 Si NYNHAH 4 s 67 38 25 25 N Y 51 Steam 5s 107 65 1 65 Nor Sim Co 5s 61 57 57 N Am Ed 63 104 do 5s 6!) C 104 36 39 2 Nor Pac 6s 2047 112 30 30 do 4s 97 109 2 2 O 5 3 Ore R R ft Nav 14 14 4s 48 2112 112 112 61 61 R R ft 3 3 4 25 47 ill 50 88 17 H ) (Dollars and (Sales In $1000) 5s Averages 94 16 31 U New York-Stocstrong industrials lead broad rally Bonds higher rails industrials lead advance Curb improve j specialt'-- - in van Foreign exchanges mixed guilder rises Cotton steady trade and foreign buying Sugar higher commission house buying Coffee steady better spot demand Chicago Wheat higher big exports ru- ' Heavy Bond Gain Recorded Business Gain Issue Slated In Curb Levels Reports Send t NEW active bidding against and apparent BondsHigher By AT&T scarcity numerous of - 42-4- 112 94 52 16'AP— 8l 22 u 4 13 103 24! 89 48 422 1005 37' 29 29 54 49 89 347 Corp! Tex Gulf 8! Tex Pac LTI Thorn Prod Tide W As! T)m Det AxBI Tim Roll Trl J5 839 Git) 68 49 29 48 35 26 Firestone T First Nat 8 Foster Whl Freeport— Ti Oen Am Tr Gen Baking Gen Bronxe Gen Cable Gen Cigar Gen Elec Gen Foods A 13 79 15 Pk Soc Vac 200! So Cal Ed 9! South Ry Itil do pfd 25 Sperry CorpA 59 sptcer pfM sl 20a Spiegel St-Brands 311 Std 24 30 do nfd Std Oil Cal 21 27 Std Oil lnd Std Oil NJ 56 Stsw Want 22 130'130U 3131 O Shell Uu pfd Silver K C Simmons Smith A 0 93 30 "52 21 149 23 52 71 1£ OO 3 9 44 Strs Lead8 i- Shat F 18: 19 6! V4 10 104" - 2 38 10 22i 23 5 52 781 73 14 189 B S— pfd 38 95 30 53 Mot Steel Tob St I 8 W Schen Dlst Sea Air pfd Bears rtoe 8ec N Inv pfd Servcl li 20 105 is Q Pullman Pure OUT Purity —Bk rl 33 19 Mi pfi fills BtlFlour Pr A Carl 3 Proc 8H C K K Pfelf Brew I) Phelps (J K A I 2' 16 61 30 ' 32 3 7 1 2 2 13 182 3 19 3 10 26 72 107 71 Mot 1 26 72 5 11 J 6 64 L'i-- rarainne Par Plct 186166U 170 83 A El rsc 3 19 13V 8 8M O pVprJU 41 38 19 13 34 20 Elev Steel Olffl HI a Kresge 38 24 Certaln-tC A Ohio (AP) — Silver fu25 points lower Johns-MaLow Close — 44 80 44 SOh Kel--— K WhA 44 90 44 50b 4500 4450b Kelvltator Kennecott NYCABLpf NYNH4H N Y Ship 28 32 U L U A ft Canad Pac Car A Gen Case J I Cat Tract Celanese Cerro de P es by N Y Cent 1 19'!? 18V 29 V 45 Va 28 80 tVs 18 13 W 46 Cal A Hec Campbell W 84 5 64 6 :::: Haw lnd 5? B76 70 4 65 5 1029 new xorn mock Hlfirh IOW 20 IndUSt 17731 17533 20 rails 8020 6923 20 utilities 3527 8458 40 bonds 10549 up 07 23 V 7-- MONTREAL Oct 16 tures closed easier 5 to High 44 SO December March 44 90 45 00 May b—Bid 3!l 103 I 102 2 I::::::J" ll52 i Ders 25 3-- Montreal Silver xear ago 93hTgh 1936 low J233 1035 low 192s high 1932 low 980 993 99 8 67 0 72 0 ° (Furnished 7U B A Mach Byers Co Calif Pack Calla A do B Howe sd Hudson M a V Budd Mfg Bui Watch Houd-- 878 784 Dow-Jon- Cola-Pal- NEW YORK Oct 16 (AP) — Copper — Quiet electrolytic spot and future 975 export 1000 Tin— Steady pot and near-b4450 luture — 4415 Lead 8teady: spot New York 460© 4 45S1 4 50 470: East St Zinc— Dull East St Louis spot and future 485 Iron aluminum antimony quicksilver platinum and and wolframite — NEW YORK Oct 16 (AP — Lead and tine futures closed dull no sales 3 Vi 94 14 995 100 1 101 8 86 9 IH Month ago nl80l-rrii- Borg-War- Holland pf Homes-tak- 805 B70 ago high low high Glance NEW YORK Oct Following high low and closing prices the New York slock exchange of bonds and the total sales of each bond: arr Friday's on 46-4- low 92 2 low 40 0 45 8 high 101 1 989 Ten low yield bonds: 107 Brlggs Mfg Bucvrus-K- r Gen Mills Gen Motors do a prn LONDON Oct 18 (AP) —Copper— Oen Out A Ad U Standard spot 41 pounds Is 3d future 41 Gen R pounds 5s electrolytic spot hid 45 pounds Gen Th Eq os asked 45 pounds 15s Olllelte — Tin future 197 Glldden Co Spot it)9 pounds 5s Gold Dust tiounds Lead— Spot 18 pounds 8a 9d future Goodrich do pfd 18 pounds 7s 6d do 1st pf Zinc — Spot 14 pounda 12s 6d future 14 Granam-- r pounds 18s 9d Grant W TI NEW YORK Oct 16 (AP)— Call money Gt Nor Ir Ore ctf Steady: 1 per cent all day Ot N Ry pf Prime commercial paper— per cent Time loans— --steady 60 days to six Gt w — — H sug snnnths 1 4 per cent Haves Bod Pankers' acceptance's — Unchanged Rediscount rate — New York Reserve Hercules P hank IV per cent Hershey Ch Year 1036 1936 1035 1935 1932 1928 26i 84 87 45 Borden Fed 374 H Coca-Col- a Settlement prices at Utah imcltera reported hy the American Smelting and Refining company are: Lead 460c a pound copper 040c a pound NEW YORK Oct 16 (AP) — Bar allver — QJutet and unchanged at 44 c LONDON Oct 18 (APi — Bar allver — lower at 19 15-6Barely Heady (Sterling price equivalent to 4390 Bar gold — Remained unchanged atcents) 142s Id (Sterling price equivalent to $:1477 Money and discount rates — Unchanged Bonds Press) by the Associated 10 20 10 10 Ralls Indust Utlls Foreign 1 Net ehanes 07 8 1 03 7 102 9 70 1 Friday Previous day 97 7 1 03 7 102 7 701 Month ago 96 2 103 3 102 6 70 5 (Compiled 93 44 Vs 40 18 179V4 Chrs Corp Metals and Money 30 s Till 2 Bend Avlat Ben I Lnd Best ft Co Erie RR Eureka Vac — F— Falrh Mors! 1 i Reld-He- J Mi 3Z' P C N W Rails Backward Chi O West The rails a bit backward for a CMStPAP Dfd While rallied in the final hour Chi Pn T Df jnryaier last week increased loadings Freight more than seasonally to a new six-- Colo F A I pusbed-uyear top Union-Pacifi-c do Dfd 4 points to 147 Lesser improve- Oolum CAE FMct ment was shown by Chesapeake & Colum vtc Ohio at 76 8 Great Northern Com Credit Com Tr 45 8 Southern Railway 24 8 and Com Inv Solv Comw A Santa Fe 83 Congol-NCoppers aircrafts motors farm Con Edison Oil Implements and others in the ad Con Cont Bak A vancing division reflected expanding do H Can earnings and hopes of more gener Cont Oil D ous disbursements to stockholders Cont Corn Prod Cotv Mi 3 held a of at Crm of Wh Chrysler gain 129V4- - Among others up were GenCrown Zel era! Motors at 724i White Motors Crucible Stl Sug Rand-2- 2 Ken33 no pin Remington Citdahv Pk necott American Smelting Curtlas-Wr 92 Deere Cerro de Pasco 58 do A — Il — Amer-ca- n 85 California Packing 41 Deere A Co Owens-Illino179 do Dfd Telehpone A Hud 151 National Steel 73 and Con- Del Del LAW tinental Can 73 Detroit Ed Diet Corp 8 Seat Sold Dome Mine Alrl Douglas Wall Street saw an encouraging Uu r de N do deb omen in the transfer of a stock ex— F— change seat for $132000 up $2000 East Roll L Elec Auto from the last previous sale Elec PAL do Sfl pfd p on ign currencies generally were do Dfd a shade lower In terms of the dollar Emllcott-- 18 20i 38 121 23 Mi 42: 46 60 12 Va 81 23 Blaw-Kno- this department Paramount first preferred was a star performer with an upturn of 8Vs points at 110 Vn Ahead a point or more were Para mount second preferred and com- mon at 14 and 15 'i respectively Warner Bros and Twentieth Century-Fo- x were also well in front Merchandising issues responded to week-en- d trade reviews disclos ing wider retail sales throughout Prominent gainers the country In this division were Montgomery Ward at 56 Safeway Stores 39 and i 11 3 SI (16 Vi 101 44 V HI1ZH°'4 9 5314 Beth Stl Vp do 5s pf Growing profits for some moving Boeing Air picture concerns spurred demand in Bohu Alum Pictupe 74? CloaelChge 3'234ij 531 14 'a pf1- Beech-- 15 '4 29 59 B A Ohio do Df Farnsilall Net J HlghMow Atlas Pow Auh Auto Avlat Corp —B — Bald Loo- do (Compiled stocks In Hundred!) Sain Markets at a Quotations Averages 1ft I N Y Bond Stocks Bonds - hot-wat- er o sedan complete- heater $185 PHONE WAS 590 The Salt Lake TRIBUNE- - TELEGRAM 5 |