| Show tt- t t - Salt Thp Tribune Thursday November Lake 83 4 1954 N UP AND DOWN THE STREET Coal Coke Firm Notes Profits for 9 Months Furnlshed Ham j Noon 1 ft m 1 Hit) 000 000 OOO 1 non Ofl 43 )0 hi 2) Iprn 0 tW Intf 3bl No 11041 119 7) 120 16 119 97 K1 82 84 New New 119 03 160 315100 7 54 I ow ( lose W1 307 333 IS 11!) 1UIH1 08 04 08 94-110 51 1(2 42 2 Traded Set Advances Oeeiinei L ruhanaed AtlaK W Hai tumst Runkllill BaldNec Jlichi Lous alv( oG ( anMarc h( onM ( 40 (kinds 34 36110 loopjuath 120 102 M uiuh rrnlMe 10 Huh Grade Ralls T nUl By Robert W Bernick SO 17 10 til 16 10 2nd Grade Rail 8 unch DavMine ( uhAtlS 1 til 65 Stocks 17J n lOO 46 01 10 Public 46 Tribune Business Editor Pul ahA 177 51 10 Industrial 26 too 40 03 viunxs Independent Coal & Coke Co one of Utah's largest com- olume -- TO Ind 274 900 20 Raila 88 600 15 LUla 55 500 65 Shocks UVOO1 J Equttp mercial coal mining concerns reports net profits of $67247 for Total Ameroan JEN LEADI G STOCKS 27 800 40 Total Amnitun nine months ended Sept 30 1054 SvlanEl Prod i i Pou Jones Ser U e at Associated 25 800 26S The firm with properties in Carbon olume (lose Chg Tide -17 4M Airline 40 60 H 2) 100 Boemf Atrp County reported a net loss of $402347 for the 21 700 Am ( anamid 32 hoc 47 Am Metal 461! 20 400 14 24 iOQ 43't like period last year n Int Harot t ten Hectric 19 50CT 135 20 900 WS el's OHver urfj Profits for the third quarter of ft his year WEDNESDAY'S QUOTATIONS amounted to $67606 as against loss of $141044 B‘HU1 Cloae Cha' alcs in II 000 ftlose th Sales in $1 000 Close Chg sales In $1 000 In that quarter of 1953 — Bonanza 26 Hrtntisu NoPcif Huql t The profits and loss statements for (he 2 j- - BuLtda N 01 UUPeV 64 LahlAL I rfsltn in 26 42 Ohiold i eCanff comparable pcrioctAv ere before income tax de( enttd )6 62 ohioou itnn'Mtg ductions but after deductions for depletion ( hied on 96 ll‘ ' i lr ull Olier(H p ( la ton 1 4 5y UPmsoNG Otis and depreciation ( dorado 9 e(l i )w enjtal Fmersnh 10 W J O Connor president of ColRexall 11 44 f l' l'act&M EquiHas the company 14 CombMet 9 424 PacWOil trieK K told stockholders that "sales for the "first nine 05 A omet t 177 PanAW Evershrp Ot M1! airbksM 11 Coml ead f ParaniPct months amount to 576618 tons of coal as com6H F rhl1 A A ( onhureka 3 85A4 Pcnnev 11 ( rksOU R8 17 amiU F PcnnKK pared with 660286 tons sies Sales m SI 000 (love (hg Sales in $1 000 Close Chi? AMaracho hanse F ork Stoik New o£ OOO 2 700 000 Hifih Total Member Rails NEW YORK Nov 3 AP— NV 3 (UDA- 100 aalabl Stocks— HKhcn (tocki (urged h((d 5(t on election (ffrt lmkr upplv jlvti er cattje V ew sales slaughter cattle e tiler Mixed Bond— (overnmente V send alauflhter heif sted utility and Cotton— Steady trade buy in 00 Limited sup era sold from 1 LOO-1H llv commercial cow brought 11 00 13 00 Chlctto runners 0 a 50 cutters and utility Wheat— Eaeyi Improved winter wheat 2 5 50 8 50 Odd head strictly choice light arrowth veal aold up to 20 00 Most mod and Corn— About tady tradlnf alow 4 ( choice ti&MOOOr utility down to 14 00 Oata— Steady! email price movement j One lot oo‘tn choir 6)0 lb feeder In steers sold at 18 00 several trucked Hof — Fairly actlva atroni to 33 lota send and choue 400 430 lbs belter hlahrr top I1B 40 stock calves 16 00 17 00 Cattla— Steady to 39 lower top 31 33 lioas — Estimated salable 100 market 15 cents higher on butcher 1904 to date 119 144 810 steadv to 50 higher Choice No 1 and 810000 share CIUCAGO MERCANTILE 2 butt hers 190 240 lbs sold atl 9 00 10 75 $110 000 1054 to date $24 5 7 000 lbs No 3 butchers brouahtl 6 50 j EXCHANGE toi 19 00 ihme light sows quotable 50 18 00 most sow 350 450 4b 16 ft Sheep— tstimated salable 100 no early Open High I ow Close QUOTATIONS receipt tu Ul market 26 10 25 50 24 60 00 36 Vor 20 60 20 70 26 15 26 44 No OCDEN 3 SPA' — Cattle — Dec 70 20 80 26 54 36 54 26 teAdv Jan 200 Mostiv Estimated receipt 3875 3890 38 70 38 76 minmon and medium ttmkers and March and low iteer freder alaughter Onions heifera acarce few comrnen lal grand epm beifcijs 1 OQ 14 00 utility menial neef coh8p0 12 00 ii w young 12 50 ociasionaUv 13 00 tanners and ruUer 6 00-- 00 fe good anti choice 00 yearling replacement steers 18 part load good to choice 880 lb Mon 02 tana horned feeder steers 17 50 scat OP 7 Moux Oh1? OH 05 term common and medium 550 825 Ih O MBtossom 14 12 50 16 25 load good and choiie heavy 00 07 i 70 - Nquthld 26 15 12' heller tslves and yearling replace Sundance sQ2 01l 16 00 16 50 Sw ansea 07 ( ment heifer 06 02 5 heavy end 02 05 Tai Bahv avei Ol‘i M2 aging 500 lb at 16 00 cOU - fcsUmateri 011 C 01 Ql (XmtkeiH )ves receipt 1A© Mln-l-tov 061 1 inti ead 06 to O') commercial Stockers ateady 7 intstand 80 76 OP ot veslers and rhoite slaughter (Alves 1 rns I n 05 H 07 24 50 runatlr 1J nf choir good URANIUM NOTES I 2 05 25 2 t i 12 nPikCity 16 50 good and choice atock teer 02 02 Vi calves in mall Jots 17 00 19 00 heifer Ruhard W Clavton of Republic Ura-niu7 OO 7 62 Co r reports that Jon Carton If 00 IT 00? mattered lot 00-1- common and 10 25 10 75 00 Nathan Uoehsler and other of a New inferior atock calve 7 27 YarjL gvndicate would be in Salt Lake ®SHT-f — Estimated Dogs of 02 OP City to discuss recent acquisition rows and gilts 25 cents higher choica atock 02 02 interval in the firm- - Jack Demp-fflO £4T ibar eerasUmattjc ry and Max wiiman hi 'ttf 1 97VT butcher manager near 280 lbs 18 25 moat tow New York are members of this syndi07 04 16 00 individual under 500 lb cate 2H 25 02 Mi to 18 00 s— 024 700 Estimated receipt Sheep 01VI 03 OKLA Nor 9 ONSV-Urani- um RAND LETT Steady good and choica wooled alaugh-U- i lambs 18 00 18 50 these largely has been found tn southern 100 down lota lbs trucked mall Tha in lomt Oklahoma original discovery via Prosper 3 000 at lots 84 67 lb largely goodgrade at made by Wesley Beard and R L East Tintic Lead 1 000 at 6c 18 00 few utility 75 lbs down 15 00 man in an abandoned copper mine on Tlnlic Standard 500 at 79c ewea averagthe Red River south of Randlett I ailed Park Cityv 400 at SAQl abpyt deck cull slaughter ing near 100 lbs 3 75 km ail foif good Wiliiaton 500 at 35 00 few common feeder lambs P5 75-1SALKS CU9 CA6TLI DALE UTAH— J H Snow and medium feeders 14 50-1- 00 --Cftjt Fuieksrtoo at Wr “ end Den 'Snow of Ferros report disCat3 (FSMN)— LOS ANOCLItg Nov covery of a “substantial uranium Crescent Eigle Oil I 000 at 12r 10 miles west of Greennvdr in tle salable 1500 Supply largely eowa Dragon 100 at 1 53: 900 st SI 60 on all classes slow the Morrison formation Kennebec 2000 at 7c generally steady Some commercial cows held higher North Lillv 1000 at 67e ( about 4 loads commercial and good Securities 500 at 7c DO — Amursnlum WASHINGTON 00 high Corp has bought the Red Bluff mine lightweight fed steers 18 Prince Consolidated 1 000 at Sc 00-2- 0 18 heifera fed and commercial 26c Wiliiaton 1000 at good Valencia Countv N M for 95000 Half 00 utility and low commercial cowa the price will bo paid out of ore pro common 7 00 9 50 and feeder inferior riuced Meanwhile Defense Minerals Ex 00 common to good feed- ploration steers 13 00-1Administration Washington INVESTMENT FIRMS 12 50 15 00 C has completed examination of tho heifers D er WEDNEIDAY'! QUOTATION Calves— Salable 200 Few sales about firm's claims in the Lisbon Fault area itendv Commercial to low choice calvea Amurantum is seeking a substantial loan 00 cull and utility 10 00 14 00 DMEA uranium 15 00-1QUOTATIONS JONES AVERAGES Hnple & o JnduMi talg A 2 010 ono pm 2 bv J nlume Livestock Market Markets in Brief American Slock Exchange WIONESDAV'S York Stock Market IVew i in Eioooi ioe NORTH mi I SALT LAKE b)A' — Cltle — Fatimated 2S Main ioi stock sales Medneadav bond sale erineit1t Salt Lake Stock Market WEDNESDAY'S a - b e I'-- 20 07 OiVi 16-- The loss in tonnage I was due (out largely trial sales to the export decline to In indus- ! consumers including the big Hanford Wash atomic energy plant There also Was a decline in industrial sales to Utah Power & Co Light Within Utah Jlr O'Connor reported F r GraceW control Expansion of uranium milling facilities at the Uravan of United States Vanadium Corp and the Naturita Colo plant concentrator of Vanadium Corporation at America seems in the cards according to observers' Some thought also Is being given to establishment of a concentrator serving the rapidly expanded production In sight at the Bull Canyon Colo district All the properties are in the old Uravan mineral belt EARNINGS YORK Nov 3 (AJ — Dlltlllara Ltd reported net ioc the flacal year ended July 31 of $30640163 equal to 34 0 ver common ahara 1 Thie compared with a net of ITT or 4 33 a (hart In precedina 12 Net sale declined to $732 montha 692412 from 3793476340 NEWT a NEW YORK (API — ilnclalr Oil Nor 3 (UP) — Product Llva Market steady! 26 trueka CHICAGO poultry: No Chicaio Poultry chanywa Wedneiday Cheeaei Sinaia dalalea a pound loaf C Board price oenta 3714-38)- Swlaa grade A B 45-4- 8 75 48 6 on Alcooo Request ComwFd ConsCop ConsKdi 301 Containr ContBak 1 14t 675i 26 264 16 72( 1 ContCart ContMot ContOil CornPrd CraneCo CrownZel CniclblSt CudahyP CurttsWr CutlerHm DeccaR Deere Total NY Suitt No4 39 lx PL S L Bldp 2 H 1H 3H 494 154 2 USStecl dopf 58H 14 17Vi Vi H 7V4 6 184 13H 54 Vi 60 H 24 23H 75 71H 97 43 Vi IT ' 2H 72 45 41 H 1H 13 24 124 48 5754 77 V t 2V4 H 2H 1 VI f H 114 2V4 154 bond salas Wednesday QUOTATION 3380000 -- PRODUCE 17j 1954 to dla No Chan t POTATO MARKET IDAHO FAULS IDAHO 10-o- s 10-2- 0 2 30-4- 10-- e 180-30- BO-3- 6 100-l- 3 55-- 75 larger occasional Including per cent larger US extra No 1 2 75 2 90: bakers minimum occasions! mixed car 340-39U& No 1 faw 1 60176 s 30-4- x None CHICAGO Nor 3 (APV-Whe-at: Nsw corn: No 3 yallow 1 4764 52)4 No No 5 1 3664-- 1 38 Soy 4 139)4-14beans- - No 1 yellow 18864 track Chi cago No 3 3 8364 3 86)4 track Chicago: No 3 17864 track Chicago Data No 1 A Matter of Course Where They Save Is A Matter of Choice OF THRIFTY PEOPLE CHOOSE— If - V- - ? "SOUTH J pylrwra GRAIN FUTURES CHICAGO 3 Not 1 (UP) — Grata - Low3 33W I22JH 12 214 3 3664 826)4 3 33(4 3 2364 12264 3 3064 110)4 3 09)4 Open 310 O McKAY PRESIDENT TEMPLE a MAIN rEOEXAl DEPOSIT INSUIANCS COlAttATIOM - JwnW 194 1)4 During llwkrt Vilu Plu DIvMwhIi Im High range: Cloae 3 2264 3 2464 3 316 209)4 - I Son toabuck Cfe Standard Oil N A Union Carbide 4 Carbon DIVIDENDS INCREASED Aa(n Connecticut Mutual help it policyholder reduce the com of their life insurance Upward adjustment o dividend Kale with substantial increase at the higher agek mean lower cost This I our 7th dividend increase in IX year all benefiting both old and new policyholders Witinghowsn Elndrit — and larger Jo REDUCED Ia addition ConaeotJcut Mutual several popular plan of Insurance with new low to meet the needs of family protection and busintta rR(MUMS offer premium insurance! ‘ SAME TOP QUALITY is Coonactirut Mutual for log years ha offered top quality contracts with features equal to tha finest Her art just a fewt — ding time L of policy plan - art - say - All dividend paysbls an aually beginning and of fine year Ten different Income pay ment options ' If You Extremely Jkxlblt ownership and beneficiary clauses Premiums la ' default inc!o ding riders automatically covered by dividend sccumu ladoos - At Thinking About Morn Lift Insurant 4400 4400 9901 12425 140 1101 awd t o15 now MIO lor Ineorns tm - lino tbm tmy That’s a pretty impressive picture isn’t it? Of course atock prices do fluctuate and there were times during thil period when yon stood to lose if yon had to aelL But on most of the stocks yon’d have been well ahead of the game most of the time and at no point would yon have lost more than $338 on any one (tock ’ So as we said we believe that h't good to boy common stocks - — Not just because of the evidence above But because we do have faith in the future of Amei ican business Because we don’t know of a better place to pot dollar dollar that yon don’t need that you want to see grow for basic necessities If you’d like to know more about investing or about joining the Monthly Investment Plan we’ll bo happy to mail complete details without charge or obligation Jurt mail na the coupon below The interest allowed beoefirfarte on Income payments to J J and tha iatsrast rata allowed policyholder on dividend left with the company o aceuaa slate it increased All of this mean lower cost to policyholder come to those receiving income benefit 7VJt 10JM 6600 1904 11944 1074 13724 MX '6400 eommlMlont tduetd Nd tllownc dtpendw on Indtvtdtul bracUU All b Incraaitd I I 1 ' ' PImm null y out primer aa Inverting pertinent fact en year 20 stock and complete detail about tho Monthly Investment Plan I - r Noma Address City MAX S CALDWELL AGENCY SUIT! 220 JUDGI BUILDING SALT LAKE CITY TELEPHONE i — DAVID Settlement pricer Copper Mil (R vor 14938: line 11 5 lead 18 Dee March May 1 July Orm 5 NEW YORK Nor 1 (AP) — Spot non ferrous metal prices Wednesday: Coppound Connecticut Valper 30 cents ley Lead 15 cant a pound Near York Zinc 11)4 cento a pound East St-- Louis Tin 926 cants a pound Now York 4 EVERY SERVICE AND CONVENIENCE OFFERED BY MODERN BANKING — plus — EXPERIENCE — — — Milting choice 135 39i feed 1 METAL PRICES Wheat— ZION'S SAVINGS BANK S TRUST COMPANY djirasM-- 1 50 good Rtirkrt VtlM ImcetoS In Minimum Policy or Underwriting RequiimntS- TAW-US- light: most growers offerina holding for higher prices fair wire inquiry demand fain limited offering In quality wid rang about ateady stxet and prices tom shipments small sixes rolled unsold Russets sacked cwt washed slrw A 3 inch minimum few ales: delivered sales shipping point sack basis: fob shipping point: lOO-lpor cent larger V8 No 1 80 cent 10 50-occasionel per ox larger occasional 2 65 2 65 per U S extra cent larger Including bakors No 1 occasional minimum occasional mixed car 3 60--J 78 US No fete 1 701 85 1Eo b cash por sack FL Ns track! point heavy B8-88Barley nominal Rc6 ToMYo 8781T9108a b SAVERS SAVE? 81 YEARS B hid VH 437479189 1954 to date CLEARINGS- - - They Save As - NEW YORK Nov 3 (APV-W- ool top and wool futures resigtered sharp declines Wednesday on commission house Pressure stemmed and dealer selling from lower wool markets in Australia Wool market in South Africa were reported lower on Tuesday Support in future came through scale down dealer buying and local covering Wool futures closed 0 7 to 6 4 cents lower Dec 140 7R March 178 8R May 137 2B July 135 4B: Oct 134 2S Dec 133 OB r March 131 OB Certliicatad wool spot 143 5N Wool top futures closed to 6 3 cents lower Dec 175 5B March (new) 171 OB) Oct 173 6 May 172 2B July 168 3 Dee 167 0 March 165 OR Certificated spot wool tops 173 ON H 2544 4544! WQOL MARKET 4 38H 33 V4 WheelSt WiisonSC Woolwrth 11 Wrthnstn 15 YaleAT 125 YngstST 19f Zenith For scores of good and sufficient reasons— but we’rc convinced' —most savers save in response to the urge of thrift That is — -r long-rang- e Vi CASH GRAIN i believe that lt’ good to bay common atock future of Amerif yon believe in (he ican business y if you have enough insurance and a fund set aside for emergencies if you can afford even a few surplus dollar each month for investment That’s why we’re doing all that we can to anpport the new plan that leta yon buy stock for aa little a $40 every three months When the plan firat started last January ear Research Department picked 20 itocks — 20 stock that investor might buy on a regular ynonthly basis over the yean ahead Which atock did they aelect? What might you expect for your money in the next five or ten yean if you bought these atock? Obviously we can’t answer the second question for yod ' Nobody can But to get some idea of what this new Monthly Investment Flan might mean to a man of modest mean we went back to January 1 1949 and assumed that for 66 consecutive montha ending June SO 1954 the sum of $100 had been invested in each of the 20 ttocki What would have happened? Well here’s the complete picture Here’s what $6600 invested in each of the 20 stocks would have meant to yon: We 1 1 1 2 14 71 Va 2 206 38 “WatnaEl cococociiciiCTgaiagagagagaiagagaiaiaiagagsaiagagagaEagaiuiiaiSiiagjigiiia THOUSANDS We Believe U 22 89 26 32 VSHubbr Walwrth WrnrBr WestnAlr WstnPao WestnUn WstAlrB cent WHY DO 30c m m AValgrn esa (Prices by Lees Doxenh Grade AA 43 4 Urs41 medium 29 B large 31 Cheese: Mild loaf 38 mild longhorn 8 mild triplet 37 Butter: 93 score 7 93 score 65 90 score 63 CO 7 at 785 - lVi 36 50 U 14 142 jt 14 27if 1 H 60 675 135 315 4 V 12 2654 Vanadra WEDNESDAY' STT C Utah 000 IV 251 tTtahP&L WedneMlsy'i Claarlna 12 864228 00 Tuesday’s bank debits 16 698 918 00 Same day last year 1 4 661 28 fit Wednesday eleartnaa J4280978 66 Sam day last year L 1 Mew York Bond Market — S 65 215i' 441 22V4k 5H 264 4' 674 VS&fSe ISGvpsm LOCAL HANK Stock Ex k 8 46 2b! 34 V$ ITnltGasC L’nltPkC Total NY stock sales Wednesday 2 70 City Con OVER THE COUNTER tnit( Unltlrult ' 2e at 57c 500 Tha following ud And asked prlwu are obtained from the Utah Securities Dealer quotations eommlttee They do not represent actual transaction and are Intended u a guide to the range within which these ee curl tie could have beeo told (as indicated tn the or bought (as Indicated tn the "bid) "asked column) WEDNESDAY'S QUOTATIONS ITnitBlso NiagMP Norf&W NAmAv NAmerC DowChm at Park 500 UnitAlrc UnitAirL NYC&SL Dreaerln DuPont p lnTank AlontWd Motorola Murray NatAviat NatBisct NCashR Natf Una NatDairy NatDistil NatGyps NatLead Nathteel NatSup ardiff 1 000 at 32c 1 300 100 at Ken tuck) Utah at 47c 4 000 at JDio lakeside Monarch Majestic Oil 1 000 at 14c Miner Gold 7 000" at 2Uc 500 at 12c MonoKearsace Mtn State Dev J000 at 10c NailrirUer 100Q at 20c Nev Tah Oil 7000 at 17c New rark 400 at 2 23 200 at 2 27 Vi VnPafic Monw F’kNelson 07ii i Pklvrtmicr 06V at St 60 Fast t tah 1 OOO at 20 1 c Grand Deposit 79 000 at 20th(nF I nBAP l)n( arbid LTtiOlH ai MinMAM iParkBinf on PkJtortdd to Transam TrWAIrL TriCont Miami cp Midi ntf MinnHny v ereacent1 Eagle Oil 1 00Q at 13 vie 155 300 at S Dragon 200 at TldWAO TimkHB NVAirBr NYCent DoukIssA C TexUtil Thrmoid ThompPr MIntyrr McK&R v Norihstd OilRoc SALES 4 TexGWS NewmtVf DomeM 1 TennCp Texas(o YexGlfP ’s MinnP&L MissionC 1’4 Monsanto 1 DetEdis DistSaf f unravO SunshM SwiftACo NvlvElP Maknasx Maitinls Nol a 41 16 67U liH 66' do Oh MafiCop 4 (randDep out HomStl StfK'hm StrlDruf Stn&Wb StudePk unon Liff&My LionOil Lockheed Loews LoheSC Lorillard I 01 04 05 05 Vi 05 06 04 ?1V 02 04 5 lAskadf Approx4Bld sprry( 05 NewQry o 0 04‘ CL AJoslow 05 Mtstates MtnN lew 60 04 Naildi iver 07 li !Nev Tah NewPaik 10 2t 2f)A CrVS StdBrds StriCAE StOiK a) do Ind do NJ 454 t n Lou& Nsh IORMi f IS MackTik 5m i Mat v 74 5a 1 5 112 17 16'i f f'n 72' 174 v Mi 10 77 Vi f 3‘A 961 14 Vi 3l 47v4Jf IV 35 175 f 14 1 Vi 361 47 H 86f 12V i Butter: 880194 pounds: market steady: 93 score 81)4 cents a pound 92 score 5714 90 acora 99V: 89 score 59)4 car-lot- s: 90 score 97 89 score 99)4 Eras: 9 923 cases market steai Report SoukhKv LMcN4fL Corp reported for nine montha ended 30 net incoma from operationa Kept of 392 806 384 equal to 4 29 a share 9 per cent vs (46503309 and 367 a ahara In tha white large extras 60-843 cents a dozen: mixed la: aame period of 1953 lit addition Sin- and over 60-69 per cent A and over clair had a apeclal credit of 16 957089 extras 9 per cent A and O from the aala of atock of Pioneer Natur- mediums standards 39- - currant rscai 24)4 al fjaa Co 19 checks 18)4 dirties 2JVj Other earnlnaa URANIUM STOCKS thrn( o Soulhl’ac HoweSnd Idahol’w Ill( ent lnspir( p Sr IsCrC oal lonahoma 35-3- 41-4- 3 Ilomestk 1 01 ImpMinei ColdC h SkellvOii ar Sot ail’d JohnsMa JonsALg KresgeC KanCtSou Kenerotl Kresge C KressCo Kroger 1 ehman LOFGlas Den&RG DerbyOU PRODUCE MARKET Holly 1 14 I Ku'ljne 5rc IntBua M IntHarv Int Nickel IntShoe IntTAT ( olRrdA ColGas ( omCrdt ComSolv Expansion Likely simmona StmlairO lntiakelr t olofAlr U-Mi- ne Hercl’dr HevdenC Hiltonlitl HoHandF 12 01 55 02 07 06 k’fl ShellOil— Hsehldf1 301 LBuIln H ill v SUo5ld HeixP‘ S henley SoarsHne SharuSU tuifOit “ m rrtait 1H IV 150 30 ‘4 81! 641 4 2 12 59 f 1 nfew av Greyhnd Orum 5ir 7 105 148 66 Vh lJ’a Hi hfldoil GvIf)r (tNorRv Waril-- J C Penney Merger? What others say — Fitch Report continues to speculate on josslbility that Sewell Avery of Montgomery Ward & Co will make a deal in merger of MAW with J C Penney & Co It places credence on alleged “talks” between the firms Henry llough of the Rocky Mountain Oil Reporter believes that Pacific clnLse? Gas Electric and El Paso Natural Gas Co will end up in a ui7tpM deal with Pacific Northwest Pipe Line Corp— possibly one of tovaioia CollinA A 60A i Koyall) GravsnH on that date 58 54 KepStl Keveit op KenTB R 5 Itadiot P Hayomer eOll (‘rl’oint 42 5)(4 12 14 ftrf thnM HemRnd (aoodrich faood ear 7 2(y Mammoth MillerHill Minertmld Mono K ar 7(1 HHl aa Cr-o- hc 4 9U t Vi Dragon tCrPt 36' 61' P5 B astNtd FTCoaJn 28L Pullman PU! (ahririen L4 4 1' 1 I trAG 1‘ubSvt nl (enRef (on & R Utah) Phillip P Prni tsaPaelMy SALES REALIZATIONS per ton of coal sold this show' an increase over the pievious year for the reason that year industrial tonnage which was at a lower price is a smaller per cent of total sales and domestic tonnage percentage of total sales has increased Thus domestic coal sales were at thanged during the period reviewed he said Independent Coal & Coke Co had total current assets of $1992734 as of Sept 30 compared with total current liabilities Df $747970 not including $270728 payable to “J L W” (presumably James L White Salt Lake attorney who put together a toal deal involving the old Utah Fuel Co’s commercial mines In 41 121 ftl 12 41 28 PlymOil rurhTr ftenl’rec I car” FhilRi rhilco oort Me h r eSnl GenKl jtanFoyd -- $4400032 IMielpDod (icnAmT (aenl ) n However tbfe Utah Power & Light Co Csteam-clectric- ) generating plant at our Castle Gate mine Carbon County is expected to be in- - operation some time m November This plant will provide a sizable year around load of industrial coal vitally necessary when domestic business drops off in spring” Mr O Connor reported He added that this increase if -- net profits'' ‘for “ the nine months Uus year as against last year's loss is the “dnect result of lower mine economies jnade effective costand operating m all departments of the company the first part of the current Total assets and liabilities were F ol Pepwi ilti ol( p irestone ollanStl LMaat ArOtl Man soil L UTAH The Connect icntSiitual State DD-9- 5 Telephone Merrill Lynch Pierce Fenner & Deane — 120 — Sooth Main Street Salt Lake City 1 Telephone 1 |
