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Show T Up and Down the wprj Street Some Words of Hone From the Distant U.S. Past? By Robert H. Woody His face was blanched Pinpoint pnekles of perspiration cm erect his im brow. Ex-Uta- he scared, said. This Watergate- ever the past several weeks, and this buying, m tune, will change the trend ol the market. proNpercus coming year. Consider, too, I beseeched my fnend, the analysis of a major financial journal in its Oct. 22, 1929, editionThere is a vast amount of money Thouinvestment. awaiting sands of traders and investors have been waiting for an opportunity to buy stock or just such a break as has occurred Tribune Business Editor Did you see what happened to the market today? my friend said as " from a secure ties office. And for loftier inspiration. commended to him the words of Andrew Mellon in 19.19 The slump) will purge the rotteness out of the system High costs of living and high 1 - -tMr. Woody hing is going to rum the country. And the press isn't helping any by giving it so much exposure. AMAX Arizona is a wholly-ownesubsidiary of AMAX, interest in managing the parent companys Mining Co., a partnership with The Anaconda Co was created to operate, dnvelop and expand the Twin Buttes open-pi- t copper mine in Pima County, Ann. To lend reinforcement to my pleas, I drew upon leaders m past times of trial. ' Increase Output To increase annual copper output from the current 75,000 tons to some 120,000, a three-yea- r expansion project is developing unniined ore bod'es northeast of the present pit, enlarging the copper concentrator, improving ore- - and waste-rocconveyers and constructing an oxide plant. Born in Ogden and raised m Ophir, Tooele County, Mr Bowman has spent most of hs professional mining career with Banner, joining the staff in New Mexico in 1936. He was elected its president in 1969. I urged him to recall the words of IBM's Tom WatWe may look vpth conson: progress of asked my fnend if he could not recall the words of Lewis Pierson of Irving Trust Co. in the same year: All major indicators point to a 1 Mr. Bowman and his wife, the former Anna Meryl Sheets of Salt Lake City, reside in Tucson, Ariz. Markets in Brief - - Board of Trade HANDY AND HARMAN SILVER NEW YORK (URO Hondv ond Har- mon Quoted silver of 261 2 cents per Livestock ounce, up 47 cents from Tuesday. Wednesdov: Cottle 1,800. Sloughter steers and heifers scarce. Slaughter cows fully SO 50 lower cents to Slaughter bulls steody. Feeder cattle ond calves mostly steady. Sloughter steers auction, load mostly choice grodes 2 3 1 057 lbs 54 90. slaughter cows, utility ond few commcr rial 36 00, high dressmp utility 39 00 40 00; cutter 34 00 37.00, canner 29 00 34 00, slaughter bulls bulk grodes 00 lbs. 42 Feeder steer ond steer calves ouction small lot choice 273 Jbs. 90 50, small lots high good to 5 00, lbs Overage choice lbs. 70 0077 00 Feeder heifers ond be. ter calves smoll lots high good ana 50, lbs. 59.00-6overoge choice 00. lbs 55 Hogs 2,500 Barrows ond gilts 75 cents to 00, moderately active decline. U S 2. 3 4 270 head 210 235 lbs. 59 50, US 25. Sows fully SO cents lbs. 58 3 330 600 00 off. U S. lower; instances lbs. 56 00. 00, boards lbs 53 00 over 240 lbs. 44 Sheep 250. Spring lambs slow steody to Shorn ewes noshy SO cents lower steody. Spring lombs choice and prime 46 B0 110 lbs 50, ewos cull, utility 50 ond good 12 JOLIET, III (UPD Livestock Wednes ao v. Cattle 3,000. trode modcrotcW oc five on steers, very slow on heifers Steers 25 to 75 cents lower. Heifer ond cows not established; couoie loads high 10, cnoice and prime steers 58 choice 56 50 57 50; choice heifers two 00. loods 56 75 other loods 55 Hogs 1,100. trode octive Barrows ond NEAR EAST gilts 50 to 75 cents lower than Tuesday s 2S7 J 57 close; No I 2 200 240 lb. 59 0059 50, No Egypt Pound 01 SO 0150 3 200250 lb. 56.25 59 00, No. 2 4 270280 Iran Rial 3 33 $33 Omar troa 57.50-565. Ip .0725 .0725 esttmaled receipts not Turkey Lira Thursday's FAR EAST available. 1325 1320 Indio Rupee Producers Indonesia LAKE NORTH 0024 0024 Rupiah .2025 7025 Livestock Auction tar Aug. IS. Slaughter Hong Kong H.K. dir 0037 .0037 cows steady to 1 00 lower than lost Japan Yen .1075 .1C25 week with dechr on utility cows; bulls Pakistan Rupee .1490 .1485 stesrs Philippines Peso sloughter strong to I higher; 75-25 lower; not 25-00 tower; heiferstest. tar market cattle feeder enough lb Steers Slaughter cottle 52 40; good to tow choice Grease Wool tu NEW YORK (UPl) Hoistems lb 50; lb 51.00-570 points lower on lb tares dosed 20 to 60. 48 good to choice the New York Cotton Exchange. 60, good high yielding, heifers 49 Certificated spot wool 265 0 Nominal. ; com High Lew Clata Prev. groin fed young cows utility 25; 46 cows merclol Grease Wool: 2 00 Oct 271 8 266 S 263 SB 268 0 50; canner ond cutter 32 40 271 $ 265 0 265 0 269 0 fed bulls Dec lightweight yielding, high 260 0 260.0 264 ft 268.5 and good bulls Mor 40; commercial 50 B Bid. 12 44 KANSAS CITY ) Foreign Exchange salt Wool Markets - Intermountain Stock Exchange Wednesdoy's Quotations 84 06 Bristol .08 .08 .03 18?'i J 03 32 A0 IS 55 .14 90 10s 17 J3 23 40 .11 40 .27 A0 GOVEOII Mammoth MveMotic NewPark NewQutncy 3.000 45c. . all 7c Utah, 500 of 50c A - PE Soles High Low Close Chg Acme Mkt 1 10 60 9 Address Admiral Cp S AetnoLf 1 76 10 Atrcolnc 80 9 Alberts 3g 9 AtieoCo 0b 9 Allg Pw 1 44 I Ailid Ch 1 32 12 AlhedSt 40 7 Aids Ch .i6b 9 1 94 14 Alcoa A Hss pf 3' ? . . Am Airlines .. ABrand 2 38 8 AmBrcst 64 10 Am Con 2 20, 9 AmCvan 1's 9 ADistTel 43 23 AmEiec 1 90 9 Am Export . A FinSy I 10 9 AmHom 64 37 ArnHosp .28 4? A MetCx V? 11 Amer Mo tor 5 AmNGs 2 40 7 8 A Smelt 1.20 Am Stnd 5U 8 AmT&T 2 80 AmT &T pt 4 Am TAT wt Ametek .70 AMF In 1 08 7C. 200 at 75c; 000 at 77VjC. TintK. Min. 1,000 Ot 15c; 1.000 ii jc; 3 000 at 4c, 6,000 at 13c. 77 S00 ot at Bob&Wd Bo erOII Go First Cabin - safety Corp. Others Dow-Jone- s, Salt Show Steady Gains New York Times Service - Finance Thursday Morning, August 16, 1973 n U.74-millio- On the Amenean Stock change, the index closed changed at 2? 97. Exun- TO II o m. Noon p m. 83 pm. 80 2pm 3 ClOiC Net ft) 872 8? 870 S6 868 45 48 74 17 3 46 0 39 Press Intemotionol Transactions in stocks used in overogt1. Tr 157.19 157 156 69 156 53 156 157 M 03 94 74 95 06 95 U0 95 09 94 71 94 64 264 264 Bs 79 264 17 ?oJ 75 264 08 Polaroid PPGind Proc&G PuS Col ?o4 8? 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RovID 1 08b U ' 114 34 Airl Merck - 87 586 20 50 49 60 9 35 ft 76 40 19 LeorStea Lvke 36 DonaCo Dart In 30g I 14 6 Davco I 66 10 DavPLt Dere 1 40o II Del Mnt U0 8 80 7 Dcnmsn DetEdis I 45 10 Dtam Shm 1 8 Diebold 40g ?l Dii,neyW .1? 5J DistilSec .70 21 OrPeoDf 24 56 OomeMn lo 25 DowChem 1 22 40 14 Dresser 40 11 Duke P DuPont 21 b 16 DuPn pf 4' 7 DuaneL 1 72 9 7 13 Over the Counter 31j4 32' b 20 1 LbvO 34'i D Mutual Funds 17 71 1 Kopper Kruftco Kresge Kroger 56 77 103 01 - - 7 10 W t 10? 102 Curtiss Wr! 30 Cyprus Ms I 10 8 9 '4 404 30- - KoisefAl 50 14 KaiserCt 50 6 KC So Ind 2 7 KanNeb 1 12 9 KanPLt 1 46 KovSerR 60 S Kencotl 1 40 6 Kerr Me 60 27 most 10 ; 18 II 5; 20 66 9 lft R 32'4-- Poor's hourly indexes for Wednesday. 155 14 7 29' 17'4 K 102 7l 4 ila ) 26 Jonlogn 1 Standard & Poors Closing 500 Stock Index 6 k 30 7 70 I 9s-- 31 3 29 40- 160 7 KIM 9 8 48 11 1 Kim Cl ft 99 3?' 2)0 U01 30 33 Jlj4 9j4 13 12? 8 60 1.74b Jopf-- Sales, closing prices and net change NEW YORK (AP) octive stocks troded on the New York Stack Exchange Wednesdov Standard ?V8 4 263 1294 125' j 29'5 30 32 31 Jl'ft 743 100 96 ft 98'- -!' 17 46 U'ftF 346 21 H 21 TPfj9 68' 67-13 - 6 41 13H U 8 42 42lz 44j-'- -s 32 9? 1 80 27 1 20 8 PSt AG 1 17 9 Pul'manln 2 12 PurcxCP 84 9 Purolo'r 86 16 J Jantren Ten Leading Stocks NEW YORK tUPD 30' n.0J4 33 4 16- Page 7 Section C (Copynght) 40 8 57 1o InMinCh inti Mining 1? Inti Nickel 1 16 IntPoo 1 a 14 inMAT 1 40 8 Itek Corprtn 16 Calif Mines Markets Turnover on the exchange rose slightly to from shares The Industrial Average, which was off 2 26 points at 2 pm., recovered -- Sfibunr 13nsinfss and finished the session with a gam of 3.46 points at 874.17. Analysts noted that the market's small advance was largely tecnmcal following the recent declines and involved some bargain-huntin- i NEW YORK The stock market managed to post its first advance Wednesday in seven sessions in continued slow trading. However, the upswing was modest with gainers on the New York Stock Exchange outnumbering losers by the narrow margin of 731 to 619. 3 88 4.24 New York -- Fol tncom 6 Foberge 40 lowing Is 0 list of KEYSTONE 10 bid ond asked priCust B1 18 56 19 42 Foirch Cam 8 Fairlnd .15b IV 12 20 95 on Mutual ces Cusl 8? II 50 FairmtF Funds os Quoted by Cust 84 8 10 I 9 the NA5D Inc. Cust KI 6 87 7 53 Fatah Mfg 9 Fed 5 51 94 Paper K2 6 Cust IS Wednesdov Cust SI 22 37 24 52 Ferro Cp 90 21 Cust S2 11 25 12 33 Fire&ton 86 August 15. 1973 BntPet 27b 20 Ask Bid Cust S3 7 72 8 46 FlaPwL 1.16 BrGroup I j 1 FMC Cp 85 7 27 7 95 Stock Cust S4 Brunswk 24 12 FoodFr .?Dg 26 73 $ 6 Am Grth ApollO 20 14 Buev FordM 3 ?0o 79 23 4 5 Am Insin Potars Budd Co .40 4 For Mck 08 Am Invst 4 47 4 67 LOOMIS A Ask; B Bid 7 93 8 67 SAYLES: FreplMn 80 Am Mut AmNt Or 2 26 2 47 Cop Ov 12 90 12 90 Fruehut 1.70 ANCHOR LORD ABB: 6 30 6 82 GROUP: Affilot Wednesday's quotations MAGNA FUNDS: Coptol NASD repore Quotations from the Corp 3 95 4 32 CAC Grwth Manhtr interdeoier resentative prices os of Astron GAF Cp 44 MASS CO: Withdrawals WASHINGTON (UPl) , Interdeaier om 7 91 8 23 Gam Sk 1.30 F Freem Audas ond deposits m Treasury accounts 'or I .25 throughout the dov. AXE 7 89 8 65 Gannett Indo F the current fiscal year through Aug. 10; markets chonge HOUGHTON M01S F 11 17 12 24 Gen Dvaom Prices do not include markup, mark compored to c yeor noo Gn Etac 40 Fund A MASS FNCL: down or commission. THIS YEAR 10 99 12 01 GnFood i 40 MIT Fund B S3? 099 027,37? 59 Withdrawals 2 03 2 03 On Host Co tv Stock Mates SECURITIES 28 828,047,792 66 Deposits Gen Instf 7k NAT SEC FDS: 4 744.870.20117 Bond$k Ca.Ji balance Batanc I 60 9 40 Gen Mills 456,416,916,628 I) Bid Asked Public debt Bid Asked Bost Fdn 2 90b 4 71 5 15 GnMof Brown Band LAST CAM $r 3 4 Alto ind IntmnL S. 6 BULLOCK 3 45 3 77 GenMot pf 5 5 Otvidn LU) 285,756 194 . Withdrowals 3 IB k 34 FUNDS: JBBtgbov PrH SfK 5 89 6 44 G PubU 60 22,793,227,495 79 AmalSgB Deposits 59m 3'4 4 598 Mognainv 4 58 5 01 Gen Refract Bull Pd 12.55 U75 Incom 752,977,402 78 AmExp Cash balance V't 2v MedOvCp 34 4 Cdn Fd 21 66 23 77 Stock Sr 6 39 6 98 Gn Steel Ind 434.906,353 858 61 AmerNoH Public deot 3 55 3 89 V 4M NtIWstL Grwth 6 49 7.09 GTE 1 72 4H Otv Snr Internal Revenue collections on Aug 10 AmerS&L 12rV Go Poc SOg 94ft Cent $h& 12.96 14 16 OPPENHM FO: 9 AmWstLif 1,4 INWGoS were 706,178,449.07. 35 m 9 98 10 91 Gerber 3 3 3 'ft CHANNING 3 Op NptPhm ArdnMoy 1 ?lb 7 14 7 10 Getty Fnd FUND: Op I 3ft 54s BeeME 6V, PocEnPr I Gillette 50 11 78 7 10 23 4H 84 6 Tme Oo Bulncd I W 2 Vft ProcSv BonnSyl I SIS 563 Prud SIP 10 2011.14 Goodrich Grwth !' 5H S7s Rsrchlnd BrngArm 7 71 PUTNAM Groce W 1"? Incom 660 23 4 SentSec Contbnk U 80 Grand 1.74 190 FUNDS Sped Dvn-fle3 lift 2 SKngMNv )H CHASE 10 44 11 4 Conver Gron1W1"j Auoubt 15. 193 Uft Vi 8' a BOSTON 0 63 9 41 Gt West trst? SkytnOil Eagitv 95 566 521 00 tauitOii Tuesdoy's Bonk Debits 1 04 ft 6' 2 SWRsch 14 96 16 35 Grevhd 3H Fnd Bbs 8 2? 8 98 Geo 94 347.172 00 FBTrk Same Dov Lost Year i i 10 98 1200 Gulf 0t FstSecCo 3ft Grwth COMMONWLTH 364 SuretyFin 4t 88 58 344,760 todov's Gearings 7 80 8 52 GulfftWs wv 96 TRUST: 8'ft f Inc TeieCom 71,437,451 51 FstSecPf Some Dov Lost Year 1 07 1.16 A ft B 9 71 1061 Inv 2Mi 3'A. FstWstFn tft ?s Timon 10 F GRP 1 II 23 VMo DREYFUS ToldedoMn FiyOio l1 U Drvf Fd 13 40 II 40 STEIN ROE 28 FOS: 17 1l4 UtBonc GoixOil HomPao 60 3 74 400 TO 41 20 41 Fd Boionc Eqty 133ft GrCent VoiNotBk 235 ?4' j i4j 10 21 10 21 Harrislntp 1 Drvf Lv 14 47 15 86 Copitl CHICAGO Cosh groin 2 WkrBkTr 29 Heolthln (UPD 88 7 20 7 89 14 61 4 61 HartSMx ncm Stock So 2 4 90 soft off red No 13, Wheat 4 ZCMI 37 ideaiNtl HeclaMn ?k UNION SERVICE EATON A Corn off 6, No. 2 yellow 3 23' t 14 intmnGos Helnt H 1 00 U'j Ziondkcro 23 24j HOWARO: GROUP: Oats up 6; No. 2 extra heavy white Boln Fd 9 35 10 2? Brd S IV 13 21 14 44 Hercules 80 142 N. S8I 6 35 UNITEO Incme FUHOS Hershy 1.10 Soybeans unchanged; molting 2 0P2 25. 9? 7 07 7 75 Heubiein Speed F 7 03 7 68 Atcum 60 50 feed unchanged 12 45 1361 9 70 10 63 Hewitt P .20 Fd Sick Cent gw yellow 10 31Y;N. Soybeans up 10 No. CHICAGO Wheat, corn. 00D FIDELITY (UPD 9 53 10 44 Hilton Htl 1 Confine Chtcogo high rate. lower at GROUP: and soybeans were substantially E lectn 13 2$ 14 $? Hoff Incom the dose Wednesday on the Chicago Cootal 1139 12.4$ Scienc 6 77 7 4? Hoi Inns 30 Board of Trade. 40 6 14 6 71 7 35 Honywl Dest Vongd 1 28 Wheat was off 4',a tn 20; corn oft 10. Fund 15 11 16 51 USAA CO 10 79 10 79 Hoover oats off 5 j to 6. soybeans off 38 to 40 8 Horizon 90 Cp FDS Punln 93 VALUE LINE Some decline in oil the groins wo' Soiem F 4 01 4 30 Val Inc 4 S 4 55 tiour,f-86 unSALT LAKE CITY Egg- attributed to O story tnat the Soviet Tr'nd 215 25 77 Vol Soc 3IJ 3 43 HousLP 1 40 changed; prices to retainers, delivered Union may be selling wheal back on the FINANCIAL VANCE MowgrdJ ?0 to stores, in cortons, .ca'jes exchanged woiid market SANDERS PROGRAMS: Grode AA extra large 04 89; Or ode AA Wheat dropped offer 1? t.oncutiwf 6 95 7 60 Fit Dvn 4.10 4 '0 Invest Grode AA medium large days of limit up prices. There also was Fin ind 4 ?9 4 79 VS Com 7 58 8 28 Grode AA msoli some miller resistance to wheat prices 7 01 5 38 5 31 7 66 Fin Inc Sped Prices to producers: Grode AA large Com tell in sympathy with wheat ond GROUP SEC: Vikng Gr 5 3J S3) ; Grade felt down the iim.t. Grade AA medium 7 51 I?) 5 54 606 WoliSt gr F Apex AA small Outside morkets were lower. Gth FAm 4 20 4 59 Wash Mu 10 50 11.56 Cheese rindess block 81 1 Grth ind 20 21 20 21 WELLINGTON 7? 0 2? 09 GROUP: Guc-- d sandwich loaf 84, mild longhorn 89 21 9? 23 96 93 score 82' 4, 92 score 81 HAMILTON GRP' Bulter fcxpior 7 79 6 77 7 40 CUP ix -- Produce Tchniv CHICAGO Grwth Wednesday1 11 70 12 79' CHICAGO Trust ) INVEST GROUP: market Cheese lb five Egg processed loot 76 4 ' 4. 11 47 12 54 9 22 9 91 to muensttr 77 865. Cheddar single daisies Select Wednesdov: Prices paid delivered Welsiy 10 68 It 67 Prices to retoMers 81 8, longhorns 81L.87; 40 tb blocks Vor Pay 8 62 9 JWpiltn Chicago unsettled 7 18 7 85 Wlnd.r Extra 77 80 4 Swiss Mocks 80 100 lb erode A I S t: (grade A, in cortons delivered! 3 97 4 34 West Ind 3 34 366 89 2 .. grode B W j Grwth mediums 7214 targe targe - innovations than Chrysler has offered in 19 years, according to spokesmen who unveiled new models at preview Wednesday. KANSAS CITY, MO. The 1974 Plymouth Fury, which will appear at dealer showrooms late September, incorporates more engineering and 40? Produce Market Go Classified By United t Press Dow Jones Averages 10 60 Pn Bongor Both Ind 30 Beat Fds 62 BeechA .70g BelcoPet 2k Bendix 1 60 Benauet Inc BethSt 40a Boeing C .40 Boise Cased Borden 1 20 Borg W 1 35 Bost Ed 2 44 Bourns Inc BromfAir 31 Briggs 1 20a Bris My 32 Dairy Market km : ' IntMorv d - and riiftjTmf Plymouth's Stylish and Safe, Too said. Amoex Cd 7 UP1 CHICAGO 70 Livestock Futures Amstar ICED BROILERS: Anacon 37b 6 Close Prtv. Apco Oil 4k 6 Open High Low Sep, Nov ond Jon closed down limit osk. ApecoCp .16 18 53 60 S325 5490 53 25 5400 Aug ArmcoS I 20 7 56 35 56 3S 56 35 56 3SA 58 35A Arms Ck .84 14 Seo 48 70A 49 00 50 25 48.70 50 70A Ash! OH 8 Jon 30 At Richfld 2 20 Atlas Corp 51 Avco Corp 4 Avnetlnc 30 6 U.S. Treasury - Yrmtu X 0 06? Unch chg 0 39 Unch Pet chg 03) NEW YORK (UPD Dow Jo-- cs closing range of averages Lew Close Chg Stocks Open High O Indus 869 58 879 8? 86)71 8 M 7 3 46 warrants FRACTIONS: f) indicates following 20 Trnos 156 14 158 3S 154 91 157 030 62 17 94 77 94 64unch 15 95 64 94 figure is fraction m 32nds; (1) indicates 65 Utils 263 68 266 01 261 6 S ?64 0MO88 Stks following figure is fraction in 64th$; (r) following figure is traction in ?S6th, Is) !2oths; (11 tallowing figure is fraction indicates following figure is fraction Grain 2,000 East omitted All soles in hundreds (00) (z) which except for those designated 10 tuts and corned ore traded in shore m full DIVIDENDS: ore onnuol unless otherwise Identified, (a) plus extra; 4b) paid tost year, c payment on occum ukited dividends; (d) dectared or paid so far this year, no regular rate; (e) cosh plus stock; fg) onnuol rote plus stock dividend, h) paid this year lotest dividend omitted; (I) percent in tock; (ki percent in stock paid lost receiverstao yeor; (a! m bonkruotev or reogamiQtion; s) copital distribution, (x) exd.vidend, (wi) when issued ( t) - ParkOtv I ii n The New York Stock Exchange: Final Quotations Cash Grain NoLHy SALES at 6c. Bull Mon, Clarion. UMJol ft -- mm USTIS" . . if' fnend It was nothing, Nothing at all. Allan B. Bowman Assumes AMAX Post Bank Gearings 275 7S , Empire EurBull EurLillV EurStond ,1Vi Goicondo GoldChoin II OS GrWesf Justheim 35 06 02 BuHMon CnvLnds ChiefCons Ctovton CotaCons CombMet Comet Comstock ComEur Crescent Croft Crown Oropon EostUfoh Ashed iv A Mi n Dow-Jone- s NEW YORK Morfcets at c (UPI1 at the close on Wednesday (UPD NEW YORK Foreign and Metal prices glarce (UPD Stocks Mixed m slow trading domestic oeid prices Wednesday: Aluminum, primary, 99 5 per cen pigs Bonds Lower. LONOON pure, 50 lb. Ingots 25 00 c lb. U S Government Bonds Slightly high Morning filing 92 50 down 3 00 Antimomy, domeshc, 991 ? per cent cure, er in moderate trading Afternoon fixing 94 00 down 1 50 f.o b Laredo. Texos, bulk 66 CO c lb. Mixed in stow trad Amoncon Stocks PARIS (free morket) Holiday U. S Copper, electrolytic, delivery mg FRANKFURT 17 37 down 10 91 25 C lb.; Loke 59 58' 2 C lb. 6)00-6Stocks Steody London ZURICH 93 00 bid 95.00 asked down I 50 U.S. lb. 16.50 c Lead, common, Cotton Futures Mostly higher. NEW YORK Manoonesc. 99 9 per cent pure, boxed Chicago Groin Futures Wheot closed Hondv 9 Harmon, noon 94 30 down t 50 regulor, 33 25 C lb. off 4' : to 20; corn oft 10, oats otf 5 94 30 94 50 bid down Engelhard asked Nickel, electrolytic cothodes, f.o.b. Port to 6 and soybeans oft 38 to 40 I 50 Colborne, Ont., IS3 00 c lb Trode 25 to 75 cents lower, top European prices for 99 50 per cent fine soft. 99 5 fine, producer 558Cartie Platinum, 10 ness. U S. prices 99 95. Si 50 00155 00; deale approximate S12GC LONOON Soot cooper wire 0 1 IUPI) 00 76 lb flosk Quicksilver, S298 bars closed the second session on the Tin, NY. prompt delivery 244 50c lb Metals fcxchonge Wednesday 10 oounds 9b 8 per cent miniTungsten powder. lower wit ft buyers 152 ond sellers 854 mum pure, $4 15 4.50 nom lb CHICAGO UPD Gram Futures Range pounds per metric ton, forward 7 pounds lb Znc, prime western U.S. 20 Close Prev. Open High Low lower wvith buyers 798 ond sellers 798' WHEAT pounds per ton Sales 12,250 tons. FUTURES SILVER AH contracts closed down except 10 Sep with cathodes lower Spot pounds NEW YORK Silver futures (UP!) Ask. buyers 785 ond sellers 787 pounds per closed Wednesdov 500 to 510 points high limit 4 87vu 4 94 5 14 4 77 5 14 ScD ton, forword 7 pounds lower with buyers er. Sales 5,305 contracts 4 91 4 79', 4 91 4 S9! 1 4 591' Dec 775 and seders 176 pounds per ton. Soles High Low Close Prev. Mar 4 76 4 4 SI1- - 4 51' 4 4 71' 4 4 76 )2S tons 70 60 257 60 00 262 256 263 Sep 4 33 2 4 33 4 35 4 S31 4 40 Moy Spot tin unchanged with buyers 2040 Dec 3 67 3 85 3 67 3 67 3 67 Jiy and seMers 2050 pounds per ton, forward Jan CORN 10 pounds higher with buyers 2007 ond Mar Ail contracts limit Ask. closed down 2008 ton. 505 Sales seders pounds per May 3 47 3 37 4 3 SOD 3 47 3 47 tons. 3 33 3 15' a 3 15 3 25 3 33 Dec Soot load ' pound lower with buyers Jiy Sep 30 3 W 3 224 3 30 3 3.12;4 Mar 170ft ond seders 171 pounds per ton, Dec 289 00 284 60 290 00 285 0C 3 19 3 M) 3 19 3 20 3.10 Moy forword 2 pound lower with buyers I751 j Settlement prices on close and orev 3 05!4 3 0SV4 3.15'3.14 314 Jv and sellers 16ft pounds per ton. Soles OATS FUTURES COPPER tons 1,825 , NEW YORK (UPD Copper futures Ail contracts closed down limit Ask. Spot unc 12 oounds lower with buyers 357 ond sellers 358 pounds per ton, for Wednesday closed 220 to 255 points high word ?ft pounds lower with buyers 362 er. Sales 3,120 contracts High tew Close Prev. and sellers 363 pounds per ton. Soles 1,450 tons. Soot silver 70 pence higher with buyers SOYBEANS 104 103 90 and sellers pence. 3 months 40 pence forward fvgher with buyers 7 months 108 VU ond sellers 108 30 pence. forward 1 70 pence tower with buyers 112 30 ond sellers 112 50 ponce per troy ounce Sales 156 lots Livestock Markets ! X ; Vj, was visibly moved. "Thanks, he said Thanks a lot. My A s. H3i iO- In conclusion. I patted my friend on the back and summoned up the words of Franklin D. Roosevelt in his first inaugural address of March 4, 1933: Let me assert my firm belief that the only thing we have tQ fear is fear itself. Educated at the University of Utah, he was awarded its professional degree of Engineer of Mines, a special citation conferred on distinguished alumni. In 1963, the American Institute of Mining, Metallurgical and Petroleum Engmerers cited Mr. Bowman with its Daniel C. Jackling Award, its highest honor j v ; Fear Itsell Arizona. J& re. grade member of the board of the El Paso branch of the Federal Reserve Bank of Dallas since 1959, he represents southern r; , 1930: And for final reinforcement' of my thesis, I excerpted from the 1934 business outlook speech of James Cash I believe the eluPenney: sive corner that we talked so often about turning slipped past us all unnoticed some time ago, and that we are now definitely on the up- Professional Degree - June, No one certainly likes periods of excessive liquidation in securities markets, least of all those of us whose lives and fortunes have been devoted to the security business. But if we must face such periods of adversity, we must do so boldly and like men. The events of last autumn have increased in us not only this realization! but aLso our faith n this marvelous country of ours, and our confidence that in the financial market places even the utmost periods of stress and the days of bitter adversity cannot long check or withstand our inevitable onward economic progress. k Metal Markets YORK in Exchange, ANA-MA- And ji M v,? ident of the New York Slock ANA-MA- mid-192- NEW Face It Boldly And as for the long run. I impressed upon him the words of Richard Whitney, vice pros- - d Enters High Level Remember what Charles Mitchell, president of National City Bank and a member of the New York Federal Reserve said in I said. Quote: Business is entering the New Year upon a high level of activity and with confidence and prosperity.' And People will work harder, live a mure moral life, values will be adjusted, and enterprising people will pick up the wrecks from less competent people. Special to The Tnbune NEW YORK Allan B. Bowman, a native Utahn and termer president of Banner Mining Co. acquired recently by Amenean Metals Climax, Inc, (AMAX) ha been named president of AMAX Arizona, Inc. Calm yourself, I said sooWe have been thingly. through these trials before. All will be well. Have faith. fidence to the business in 1928. living will come dowb Gains Firms Helm hn 1 - 'tariirg American Slock Exchange |