Show SUNDAY MORNING JULY 28 1929 "THE QflDEir ST& Mere Sight of a Dentist's Chair Has Effected: a Cure! ADVANCE SEEN v PRICES IN LEAD ISSUES BY WEEK BONDS " A 7? T f( 11 ) HAS STOPPED ACHlM© ALL OF - t4wC nfSS?? Special rates monex U S Federal Reserve Gives No Indication of Aid- Y THE FINANCIAL REVTEW AND OUTLOOK r) NEW YORK July 27— In this week pt epeptacular movements In stock It it Important to not© that most gf them have ibeen In lead-lA- g Issues of various branches of industry and transportation It has been a market of sub- llVUXU13 13 1LS strongest claim to permanency and explain why so many astut© in- "°'v wjanw i it mm are vn willing- to cash lh their profits al- though these haver reached a fabulous size To last week's catalog of 100 new high record prices of which one-thir- d wire in the long neglect ed railroad shares has been added another IrApressive list in the list closing today This includes such - representative stocks s American Telephone & Telegraph U S Steet General Electric West inghouse Electric Bethlehem Steel Clam A seroi-fipeculativ- - — Northern Baltimore & Ohio' New York Centr&L ' TTnrt r Pacific and- South - a here are many others that have : made equal or larger gains but whose aistory la comparatively brief LankA-Wann- t- a — — -- r INDUSTRIAIi ACTIVITY NOTED That there has ben a certain amoimt of distribution of stock while popular slsues have been as- one icvei or price to vruuujR1 other doubtless true The vol Via Umft Of thl na v j NQh BU far been great enough to change the channel into which most of the speculative and! investment funds have been flowing The country is deeply imprcfssed by the universal evidepce of industrial activity and business profits! As this has been more positive this week than fver it is n£t strange' that there should have been repeated demonfrom tljjse conditions profit "The present stock market is as uch above the average of May as May was above March or March above December Buyirig la an con- aiaent iosay as it wasi six months ago more sothan in the spring InThe fact that broker loaW creased $95000000 this week arid have expanded 63800p00') in tfte past five weeks excites! less attention than the much smaller totals of three months ago Call money this weqk averaged about 8 per cent Fojr July the borrower on collateral will pay his broker around 10 per (cent Time to 1 per cent higher money is Commercial loans are' expanding along! with loans for tVall street Sen far the federal reserve has not given the slightest indication In Its buying policy toward "(acceptances of government securitiies that it Will lend aid to th drertlf Rittin- tlon This however it Cannot long delay if a serious embargo on business from exhorbitant money rates is to be avoided BIGGER PROFITS ROLIi IN The fart tn tda tn1r market gives immediate and full response are those like the increase in Bethlehem Steel's) dividend with a surplus shown for six months over double that of a year ago when no dividend was being paid the $63000000 gjjtm in combined sales Indicated biy the General Electric and Wlestinghouso Electric with the latter's profit In the last three" months nearly 100 per cent greater than in 1928: the higher returns on the stocks of various oil companies though the oil industry is supposed to be in" a critical state and on those of chain stores chemical companies manufacturers of proprietary articles airplanes distributors of dairy products and the strong cash showing of numerous makers of j These are at some time or an- ii-u- n VtnVL-fVO- t f w -- -- other transferred to the stockhold- 'dividends The averace buver of "equities" today is looking ahead inio live years for the full realization of the benefits of consolidation orfmore efficient management or distribution In this respect he differs from past generations of security buyers who dealt with the riearby prospects and thought more of income than of capital appreciation It Is astonishing how many supposedly shrewd investors have only recently entered the market and purchased stocks at the- current high levels with the same expectation of future profits as was held by "those who bought the identical issues two years ago UTILITIES RAILS PROSPER More than ever the business of the country has been- rounded out this year so that there are less spotted "conditions: The activities of the industries aire reflected not only in the putHb utilities with - - dustrials banks trust companies ' finance corporations and utilities Nearly every agencypublic that has been conspicuous the last few years as a money maker is represented in its portfolio Behind it is a management that has been remarkably successful In nearly all of its undertakings A unit of the Shenandoah shares therefore gives participation in a Wlder list of corporations More and more the American Investor is turning over his funds to such companies and this movement is stimulated by the of profits which they have reports taken in the past six months from trading in securities TRUSTS BUY BIG BLOCKS One investment trust this week advertised thefact that it had $40- UOUvOO In unrealized profits Many others have from one-ha- lf to double the amount In hnnk nrnf its to profits already secured The investment trusts have undoubted- ly stripped the market of great blocks of its most valuable sharps and reduced the floating supplies They still have laree sums in the call money market available to in vest wnen tne proper time arrives There is always the possibility whero there has been such concentrated buying and buying of the same class of stocks that all may simultaneouslv have n deslra tn secure some of their profits There is an element of market weakness in the Investment trusts' present Much has heavy j commitments been said of their potential buying power They may also at tlnies be discovered as the source of largest sunnlv of storks The English money situation is tne ny in tne ointment that may become more Irritating before the end London cannot continue to lo?e gold for her reserves are already near the mini mum requirements The sterling market has been artificially maintained otherwise New York would now be drawing gold from the trade is hot English market-Britisgood Labor troubles recently have been serious A high bank rate would have- aggravated all of these conditions It Is a choice with London as it is with New York as to which of the various evils of an aggravated credit and speculative situation Is to be compromised with The important consideration In both cases is to keep intact the legitimate business of the country and to put such penalties as are necessary primarily on speculation" i er h - POTATOES July 27 — (U S D A)— Potatoes — Receipts 12 cars on track 328 cars total U S shipments 453 cars trading slow market weali Kansas and Missouri sacked Irish Cobblers $165® CHICAGO 200 according to quality and dition higher Ohios occasional fancy Minnesota sacked $2 00 Early East Shore Irish Cobblers J $450500 SALT shade 2 15 barrel Virginia con- HKBx July 27— (U S A)— Potato shipments: July 26 — Total United States shipments 453 cars Principal States-- California 22 cars Kansas 72 cars Kentucky 39 cars Maryland 7& cars Minnesota 41 cars Missouri 23 cars New Jersey 67 cars Virginia 75 cars"D -- — their Increasing sales of commercial power but in the-- highest — —4 of railroad traffic ever known NEW YORK CURB at this season June will show reNEW YORK July 27 — (AP) — sults that ought to convince the Close most "pessimistic railroad operator Curb quotations: 'ot-u- hat lie is living in pretty good times f that reAn Incident of the week veals the power exercised by In jriew flotations was the offering of the common and shares of the new Shenandoah corporation This is a sort of a trust It brings together great combinations of In- sue-e£- super-investme- nt "a Elec Bond & Share do pfd i" Electric Investment Gulf Oil Pa Standard Oil Ind 133 105i t -- i 252 184 53 All the physicians who treated King George are rewarded with titles in the list of the king's birthdays INVESTIGATE BEFORE YOU INVEST CHILD BARCLAY & COMPANY -- r low-price- - - The 48 A By CHARU2S P SPEAR 13 (Special Correspondent of The Standard-Examine- b of NEW YORK July 27ThJs week has seen a new lo waverage price for domestic mortgage bonds and rather fitful movements in the convertible- - issues Th Outstanding feature has been tha rise-- In American Telephone and Telegraph convertible as an accompaniment to the vigorous advance in teleV phone stocks While higher money rates have affected fixed interest bearing securities and have had a pronounced Influence on United States govern-men- t loans they have not greatly disturbed the market for equities Therefore we have had mortgage bonds and high grade ta exempt issues on the decline while convertibles and some of the d bonds have advanced LOW PRICE BASIS Preferred shares have acted In harmony with bonds in down to a discouragingly lowselling r rlcc basis- for those whoi bought them a year or go ago There "is a steady trickling in cf bonds from the banks anl Irom individuals as the one finds it necessary to sell them in ordor to improve its federal reserve position or to increase resources available for speculative or Commercial customers and from the other as an exchange takes place from slow moving issues to securities that seem to offer prospects for appreciation The month of July has been the most discouraging for pond houses of any summer month in! recent years It would not ha soi bad if their were nrosnecta for imrrne ment They seem to be rather slim More and more the indications are that money will be scarce and at high rati s in the autumn ' DECLINE IS FELT It is two months no wsinee it was suggested that the federal reserve might ease the situation through the purchase of acceptances and governments but both items show no evidence of it and this week" there has been a sharp deciiao in tbo holdings of government high u-- Correspondent Standard-Examine- Profits 1 STOCK SALES MINING- AND INVESTMENT BROKERS Phones Wasatch 4153 Wasatch 4154 Stoclc Exchange Building Salt Lake City Utah 31 Years of Knowing How western grassers $i&0®14 good d wintered Kansans up to $1455 to killers bulk straight grass steers $9 ©1175 stockers and feeders $101350 steers up to $14 and abovefinishing Sheep — Receipts none lor week iambs $125 and $150 lower sheep around 60c off top Colo-rad- o By STANLEY W PRENOSIL Iambs $1476 Associated Press Financial Editor closing top NEW YORK July 27 — (AP)— $1350 Idahos $1340 14 50j late Stock prices displayed a decidedly sales natives mostly $13® 1325 reactionary tone in today's brief top Colorado ewes $7 closing sales session of the marked Selling rep- $625650 resented realizing on the part of ANGELES July 27— (U S professional traders who had plied D LOS — Hogs —Steady to 15c lowup profits earlier in the week as er A) two cars Utahs well as considerable "bear selling" $12601275 based on the belief that a further load Nebraskas $1275 part load correction reaction was necessary packing sows $1025 for week Continued" firmness of mone'v receipts 2000 around steady with rates at a time when normal de- week ago— week's top $1325 Cattle For week receipts 2700 velopments call for an easing in steers rates was a source of widespread classes steady to 25c lower other steady bulk steers $925® uneasiness Renewal of Senator odd heal top $1150 King's proposal of congressional 1150 higher ljulk she stoek $600® action to check stock speculation 900 top heifers $1055 all cut: also was a disturbing factor ters bulk $7 5D ® $300650 Unless there should be a drastic calves receipts for week downward readjustment of securi- 860 100 25c to 50c lower bulk calves ties or a marked change in the and $10 50 ©1450 odd credit policy of the federal reserve head vealers A around $1500 board bankers see no early prosSheep— For week receipts 525 pect of easier money rates lambs quoted 25c - lower other Selling pressure today was directo choice-lamb-s ted against many of the recent classes steady$13medium 00® 14 00 sohrn quoted leaders in the industrial and pubewes island light weight lic utility groups General Elecshorn buck lambs $400® tric extended its loss to 6 points 625 900 shorn aged buckn $875® $200© Aericah Telephone to 4 and Am- 375 erican and Foreign Power Electric Auto Lite and SAN FRANCISCO July 27 re-— Westlnghouse Electric sold 2 to (U S D A)— Hogs —For week 4 nearly points lower Scores of 3800 including 625 direct others including U S Steel In- ceipts 10c to 15c lower week's ternational Telephone and Consol- closing bulk 175 pound up $1300®1325 idated Gas sagged a point or more lights largely $12 25® 12 50 closA few issues moved against the ing quitable top easterns $1315 current trend packing sows $950975 around Baldwin Locomotive 300 head locals $12 25 ® 12 60 by the Cutten-Fisc- h interests was 14U0 cattle — For week pushed upward in reflection of the largely light weights receipts two cars top recent stock split-u- p Commercial 940 to 1040 pound steers $1050 Investment Trust R H Macy and ©10909 three loads 685 to 500 Youngstown Steer also showed ind- pound $900965 load good 900 ependent-strength pound heifers $950 odd head The closing was heavy Total $900 good grade cows $835® sales 1250000 86£ packages 1100 to 1150 pound approximated r shares $800® 8 25 mixed rangers and dairy offerings $700750 sMaight 1090 pound dairy cows $665 all cutters $2 50® 5 00 i bulls medium $675775 today OMAHA July 27 — (U S D A) receipts 50 marekt inactive half cows $400650 few load —Hogs — Receipts 3000 slow bulls dairy calves for week re$750 steady to 10c lower top $1150 on ceipts 80 steady package257 180 to 210 pound weights bulk 160 two dozfl 319 to 230 pound weights $111140 pound $1300 pound $1150 230 to 260 pound butchers! $1085 Sheep —For week receipts 8500 ©1125 260 to 290 pound $1065 direct 446 good to choice Iambs 1085 packing sows i$950 50c lower medium and common 975 extreme heavies down to $9 75c lower feeding outlet narrow Cattle— rReceipts 150 compared four decks good 77 pound Calif with a week ago: Fed steers and good 70 pound north yearlings mostly 25c to 50q lower coast $1210 four decks Oregons $1225 strictly choice garde steady to 25c $1250 low medium and holdovers lower short fed and grass kinds 7 pound $9 50® 10 50 yearoff more killing she stock 25c to lings steady to weak deck 88 75c lower bulls around 50c lower 91 Oreclose $1000 pound early veals steady stockers-anfeeders gons $950 medium to $800 weak bulks for weeik 'Fed steers country ewes best quoted steady and yearlings $13 1525 week's $500 ddwn top $1635 on weightynsteers Jong $1610 heifers $1§ yearlings CHICAGO July 27— (U S D 1350 few loads up to $1410 beef-cow-s A) —Cattle —Receipts 300 strictly $825(8)1050 cutter grades choice fed steers and yearlings $6?Z750 medium bulls strong to 25o higher lower grade 925 practical veal top $15 $825® stock-er- s steers Including some near choice and feeders $108001225 50c to 75c lower light offerings Sheep —Receipts 3000 compared yearlings steady to 25c higher she week jveek ago: Sluaghter lambs stock mostly 50c to 75c off: bulls $150190 lower sheep' 25c to 25c to 50c lower vealers steady to 50c lower feeders 50c to 75c low- 50c down extreme top fed steers er closing bulks: Range lambs 6 $175 only specialties selling $1325f top $ll40 natives $13 above $1625 light yearlings fed clipped Iambs $1250 slaugh- $1660 heifer yearlings ter ewes $550® 6 top $650 general run $13 75 ©1575 $1525 grassrange feeding lambs $1265® 13 ers and long fed $10001200-bultop $1325 ewe lambs stockers and feeders $975 $1340 feeding ewes $350® 550 ewes ©1125 good for one year service up to Sheep—Receipts 3000 for 'week 87 doubles from feeding stations $775 yearling ewes 111225 21000 direct heavy reiceipts early KANSAS CITY July 27— (U S in the week and unsteady dressed B A) — Hogs —Receipts 2000 un- Iamb trade quickened the market even mostly 15c to 25c lower than fat lambs selling $125 td $150 bea week ago fat ewes 25c to Friday's average top $1160 on low 50c lower late top on range lambs 160 to 225 pound weights bulk 11400 native lambs $1300 fat 170 to 240 pound $1140 1160 bulk rangers 250 to 300 pound $107501130! a ewes $675 late few 140 to 160 nound tnssffa $13501400 natives $1325® 1160 odd packing sows $9® 975 1350 fat ewes $5 00® 6 50 feedCattle — Receipts 00 calves re- ing lambs strong to 25c higher cohlce 60 to 70 pounds $1350 ceipts 50 for week choice quality bulk fed steers and yearlings steady to ®1400 top $1400 25c lower less desirable native S western grass steers and most D ST JOSEPH --July A)r— Sheep— Receipts 15001 grades heifers 25o to SOo !nn--today nominal 4f or week cows and bulls weak :to market slaughter lambs $100125 lower aged -- oc lower lull decline on the 25c lower closing i bulk grade cows: vfair sheep range 1340 offerings $1325® steady medium weltrht and h closely sorted $1350 most calves 60c up to $1 lower stock- - few natives $1300 and down late top era ana ieeaers zsc to 50c lower fat ewes feeding lambs closing trad very slow week's! $1300 $675 best 5' Loner rus tops: yearling steers several loads $1575® 16 best ma BAR SILVER tured steers $1565 bulk fed steers LONDON July 27— (AP)--B- ar and yearllnes $13fffi i Rika f silver-j-- 2 4 d per ounce RATESRETARD 1325-poun- STOCK PRIG ES p j Sears-Roebu- ck LIVESTOCK or-ni- as 60-6- d k 2?(U een © J STEADY HERE Quotations Furnished by A Hogle & Co Brokers 225-- 6 Eccles Bldg LISTED STOCKS Bid 1 Alt Con Alt Mich t Alta Merger Alta Tunnel d Big Hill Black Metals Bingham lletals Bullion Monanza Mng Cardiff Central Stand Chief Con Comb Metals Asked 1 05 45 06 05 40 05 05 0314 08 05U 45 10 07 04 r Colo Con Crescent Eagle Crown Pt ' Crof f Dix Butte $1100 with load of at $950 and one part load fdr at $975 Odd lota of medium and 14 12 02 02 125 East Standard Emma Silver Empire Mines Eureka Lily Kureka Bullion East Utah Gt Western Howell Iron Iving Keystone Kenebeo Lehl Tintro Leonora Little May Mason Valley Mammoth Michigan Utah Monarch Lead : 07 03 03 250 140 05 125 95 03 05 03 35 15 2 98 04 08 05 227 610 600 09 ( Park Premier Utah lrk Plutus i 600 625 105 100 Pioche Bristol Prince Coin 01 03 00 85 Price Provo Rico Argentine SiL King Coal 02 03 i!oo" 36 37 1275 Sioux Mines 1325 09 22 05 20 03 30 00 10 06 Silver Shield Silver Stand Standard Standard Lily 10 08 23 25 37 62 08 21 23 30 60 So So Iron Bios ' 09 25 06 25 3e at Du Pont Eastman Fleischmann General Asphalt General Electric Kelly Snrinfffield Kennecott Kolster Radio Kraft Phen Cheese Kresge S S Co Lambert Co Loew's Missouri Pacific do pfd Montgomery Ward Nash Motors Natl Cash Reg A Natl Power & Light N Y Central N Y N H & Htfd North American Northern Pacific Packard Paramb Famous Tn?Vv Penna R R Pullman Radio Corp St L- & San Fran - Schulte Stores Sears Roebuck f Sinclair ' Skelly So Cal Edison Southern Pacific Standard Gas & Elec Standard Oil Cal Standard Oil N J Standard Oil N Y Stewart Warner Speed Texas Corp f Studebakerf Texas Gvtlt Sulphtir Timken R611er Union Carbide Brg Union Pacific U S Rubber U S Steel Westlnehoiisa Eie Western Union willy Overland Wool worth v Wright- Aero i - Crescent 500 "at 4c 88 368 69 76 26 119 39 122 47 109 12 84 32 65 233 111 182 110 129 en 94 gg 83 128 4 20 2 Steptoe Livestock 7s S L & Ogden Ry Ss 1934 S "U Term Co 6s 1935 ! 9500 10000 9300 10000 4350 4600 1929-194- 6s 1 1926-193- lll BUTTER EGGS SAN 100 115 26 5 47 205 - 107 Oats —No 2 white new 48 e No 3 white 47©48c sales Rye— No 64® 49c Barley — Actual sales quotable ran&e 62®75c Timothy seed — $39045 Clover seed — $1525 ©2375 Lard— $1220 Ribs— $1325 : Bellies— $1487 ST LOUIS July 27 — — Cash: Wheat— No 3 rsd (AP) winter $143 144 No 3 $140142 No 2 hard $133® 140 No 3 $138© 139 Corn — No 2 mixed $105 No 2 yellow $105106 No 2 white" $108 Oats — No S white 47® 48c Close: Wheat— September $145 December $162 Corn —September $108 December $10f 2T-(KANSAS CITY — Wheat: Receipts July 867 cars AP hard si3ZiS5 A h r ft UTtrtir rk mT IS FOR ENERGETIC VIRGINIA BEACHi'Va tAt 5200 —Sun backed bathing suits and beach pajamas is the costume the sands are the dance floor and the 10200 fastest time known to the n art the tempo for 'the 10200 shaer" is the latest t t fn v 10500 ergy of summer colonists- ' While classified as a da 10000 "shag" essentially reanireJ nrrv father than gracej- - It apparently is thej embodiment of all th mnvm ments of the Highland- fling and 10460 the late Charleston Unlike the a CharlAxtnrt th - - - fot a v VCUW?&9 9300 are not lifted 10150 H10700 ROYAL HORSE SHOW f terpsi-chorea- 0 - — Vi - — TO INCREASE PRIZES KANSAS CITY- - (AP) —Prizes for the- American Royal horse show next fall will total $40000 double the amount previously-awardeat this annual turf classic Most of the additional prize money will go to winners-- " of the three and saddle championships to attract more entrants - d flve-gait- ed V V W 1485 1485 Oct 62 76 72 - 4600 man suffrage before amendment became a national law The earliest of these was Wyoming which had woman in 186) when lt waa still suffrage a territory the-nlneteen- th 1475 Sept 70 Barley — No 2 72c Eye— No 2 $113 Clover seed cash domestic old $1600 cash imported old $1376 Alsike — October $1200 bid December $1240 Timothy — Cash old $260 CU 175000000 and 200000000 July 71 56 39 $113® yellow m FRANCISCO' July 27 (UP)— Dairy market wholesale producers' prices — - Butter — 92 score 45c 91 score 43©43c: 90 score 43c Eggs— Retail grade U S No 1 extras large U S No 1 extras medium U S No 1 extras small Cheese — California fancy flats 22c Oregon triplets 23cr 3939c 3636c 2323c " t I J 1928-194- 34 Bellies 131 0 13 1 R 6s ' 34 41 69 143 2 5s : 160 Corn — No 113 ( - ' 4 — Maple- North Lily 100 at $595 450 at Sprlngvillo ton- sugar 7a 1929-1910000 Kark Konold 860 at 25c ' Telluride Power Park Premier 300 at 6lc 500 Co 6s 1928 f at '62c 9900 Utah Hotel 7s 1941 10425 Utah Idaho Sugar 0 6s 33 00 Utah Lt & Pr 4s 1930 9100 CHICAGO July 27— (AP)— Utah Lt&Trac"co Wheat: 8s 1934 High Low Close 10800 144 Utah Pr & Lt July 140 144 147 1944 144 147 Sept 9100 Dec 155 151 do 6s 2022 155 9900 March 160 156 160 Virtue Cliffc Bldg Cornx 9 100 00) 104U July 103 BANKS 106 Sept 104 106 I Bid 1C 100 98 AsKed 100 March 104 102 104 Bankers Trust 19500 Oats Columbia Trust 8000 S500 49 49 July 49 Contl National 13500 14000 50 49 Sept 50 Deseret National 30300 30800 Dec 54 63 54 Deseret Sa vines 21000 21500 Rye: Cor 14000 14300 First Security 108 106 July 107 Utah Savings 165001 17500 111 Sept 109 Kft sr Utah State Natl 29700 i Dec 117 114 117 Walker Bros 20300 20400 Lard: Zlons Sax & Tr 33250 33750 July 1220 4f 1237 1235 1235 Sept A T7 £L department of crlfMilturA Oct 1250 i report says that a stationary pop- Ribs: uiaiion wjh De aiiamea in irora 60 July 1325 75 year at somewhere between to Sept 1363 1 2 1 1 125 July 27— (AP) red $143® Ohio i 4s 83 TOLEDO —Wheat — No 4950c 93-U- 94 141 123 (Associated Press Market Editor) CHICAGO July 27 — (AP) Com became king today and took the market leadership away from wheat twisting ail grain in short order as the week values came to an end With the period of taassling of the new corn crop at hand corn is now peculiarly susceptible to hsat and drought and crop damage reports concerning corn today over territory stretching hundreds of miles aroused much uneasiness and brought about buying of corn futures deliveries on a big scale Other cereals followed the upward swing of the corn market Corn closed buoyant 1 cents to 2 cents above yesterday's finish Wheat close firm 1 cents to 2 cents up Oats cent to 1 cents advanced Provisions unchanged to 5 cents down ija 4 145' 56 213 24 I - - FUTURES 51 ni t-' 3c at 2500 j INVESTMENT SECURITIES - 47 j Eagle 80Q $1-1- :1 BOUGHAV cents down to 1 cent up soft 1 unchanged to 1 cents down No (As reported by J a Hogle & Co) 2 dark hard $133®145 No S iDUBTKIALS $131 No 2 hard $129 0137 No Bid Asked 3 $127® 140 No 8 red $134 £ io 3 Amalg Sugar com $ 170$ 190 Close: July $133 do pfd September 6700 6900 $140 140 December $146 Columbia Eteel Corn: Receipts 28 cars uncom 1600 1700 changed 1 1 do pfd 9650 9900 $102 Noto3 cent up No 2 white Con Wagon $101® 102:" 450 480 No 2 yellownominally 3 nomNo $104 Dixie Power pfd 9500 9700 inally $103® 104 No 2 mixed 99c Ind Coal 60 75 $100 No 3 nominally 98® 99c Layton Sugar 22500 Close: July $100: Mt States Tel & September December 97 c $103 Tel 15900 15400! Oats: Schramm-Johiyso- n Receipts fice cars unPfd 10450 10600 changed No No2 3white nominally 48 Standard Coal nominally 55 65 49c Utah Fir© Clay 7700 8000 Rye — Nominally $106 ©108 Utah Gas & Coke 58® 60 c Barley— 1st pfd 9800 10000 Utah Idaho Sugar OMAHA- - July 27 — (AP)' — com 125 140 do Pfd 700 750 Wheat— No 1 hard $1 31 ©134 Utah Oil 1050h 1125 No 2 hard 2 white Corn — No $13l142 Utah Home Fire Oats —No 3 white 46$102 Inc 31500 c 32000 "H Utah - Idaho Ce- - I ment $8 pfd 10300 10500 Utah Pr & Lt 7s RENO IS RIVALED i Pfd 10600 10800 BY LAKE RETREAT do 6s pfd 9800 10100 Walker Bros D G Vti 10106 10300 — CALNEVA Lake Tahoe — (AP) A divorce law permitting f 9300 ZCMI 9500 cants appli to receive a decree after a BONDS 90 days' residence has benefitted I Bid I Asked more than Reno the mecca of the mismated 1937 On the border line of California 10450 10550 Columbia Steel and Nevada Calneva Is experienc1947 9550 9750 ing a boom as Its summer colony Conti Natl Bank swells into the hundreds The" resort is only 30 miles from the Bldg 6s 1929- 1943 10000 10400 courthouse of Reno and as long as Chief Con 7s 1934 10500 the temporary residents stay on th Mutual Creamery Nevada side of the line may 1 19281933 9200 10000 idle their summer days they on away Stoddard the shores of Lako Tahoe Niblcy Lumber 7s 1929Through the center of the 1930 10050 10200 hall and ballroom there is dining a red S L & Utah It R cement line indicaUng the state 6s 1944 2700 3200 line — Sumpter Valley R $610 4 Inti Harvester Intl Nickel Inti Tel & Tel 2 On Monarch Lead100 at at $100 92 General Motors Gold Dust Goodrich Graham Paige Gt Norn pfd Hupp Motor lc 850 at $485 Tintio Giant 100 186 200 80 82 Elec Tr & Lt Erie R R ' lc $480 lots went at $1225 to $1300 with the lower ranges prevailing on the week's closing sessions Local truck-in- s of killing quality were sold for $1175 to $1200 and feeders mostly around $1050 50 Standard 2000 at 9c 8c back to a lower level which was about steady with last week's close Late sales of medium and butchers were within the rangelight of $1150 to $1180 and mixsd underweight butchers around $1050 to $1100 Pigs brought around $1000 and packing sows $825 to $900 SHEEP Out of the week's receipts of approximately 80000 head of and lambs about 14600 weresheep sold on the local market Late last week and this week numerous loads of Idaho lambs carrying a freight benefit changed hands here at prices about in keeping with the declining level at most of the other markets Fat Idahos brought $12 50 to $1350 and feeders in carload l Colorado Consolidated 100 at YORK July 27 — (AP)— Close 12c Chief Consolidated 400 at $360 Allied Chem & Bye 307 100 at $385 Allis Chalmers 275 Dix Butte 1000 at $127 3500 American Can 157 at 1000 700 at at $125 American Smelt & Rfg $130 110 $132 American Sugar pfd 108 Eureka Lily 300 at $152 AMerican Tel & Tel 266 Bullion 200 at 81c 500 Eureka American Tobacco 175 " at 80c American Woolen 17 Little May 500 at Anaconda Copper Ill Lehl Tintic 3000 at 8c 200 at A T & S E 245 Baldwin 118 Moscow 700 at 98c 300 at 97c Barnsdall A 37 500 at 96c Bethlehem Steel 102 New Quincy 100 at $220 100 Calumet & Hecla 41 at $222 1650 at $225 900 at Canadian Pacific 227 $227 Cerro de Pasco 98 Rico Argentine 500 at S6c Chesa & Ohio 255 South Standard 100-21c C M & St P 38 200 Standard 85c at C R I & P Lily 134 Sioux Mines 2000 at 8c 2000 at Chrysler 714 1000 at 3000 at 9c 8000 Coca Cola r 146 " 9 c at C F & I 67 Silver Shield 500at 20c 500 at Congoleum Nairn 23 23c Corn Products 99 Tintic Standard 10 at $1375 Coty 57 Utah Consolidated 1000 at 3c Pack 50 Cudahy West Toledo 1000 at 3000 Davison &2 at Dela & Hudson 212 B00 at Walker 100 at $475 112 Drug Inc 7c P CHICAGO July 27 — (AP)— HOGS Wheat— No 3 red $141 No 3 mix- The hog market advanced early ed $140 in the week far enough to raeh Corn— No 2 mixed $106® the $1200 mark and then dropped 105 2 No white $106® 08 04 03 125 130 03 100 Moscow Mtn View Mont Bingham Mtn States Naildrlver New Quincy North Lily No Standard Park Bingham Park King Park Konold Park Nelson 8c nd By JOHN tj-pe- Equity Oil Gold Chain !5cCentral 733-pou- 03H I - - one 132V4 good heifers were fairly numerous 05 35 45 - at $825 to $1025 The best cows brought $800 to $375 a with com01 oi4 mon and goo dairy going 01H '08 around $675 to $800 Lower 25 23H cows were sold downward to 150 152H grade Good and choice bulls $425 80 82 changed handa at $725 to $815 26 30 and common kinds ranged down01 04 to $600 Medium and good ward 05 veal calves went mostly at $1000 05 09 to $1300 and heavy calves at $9 S3 12 13 downward The week's 70 73 totaled 897 compared with receipts 983 last 30 week and 955 last year 18 24 Cr Pt j E Tintic Coal S semi-speculati- — (U S Department of Agriculture) Cattle and calf receipts were light this week Some improvement however was shown in the of most of the classes repqnality 08 resented Prices were about steady as 40 No steers good present last 09 09U week with whichwere to compare this 355 S60 week's supply bu a sprinkling of 15 IS medium and fairly good kinds were 18 12H to be had this week at $800 to 03 04 i i r NEW Although Receipts Were Light Quality Was Improved By STEPHEN BRAY 00 Syndicate 11 Tar Baby Tintic Central 07 Tintic Lead 150 200 One good feature of the situation fTihtic Standard 1375 1400 is nat mere are lew offerings of Tintic Giant 30 50 00 securities to embarrass the market Union Chief 07 03 03 which has been gradually cleaned Utah Con 10 12 up of most of the old syndicated "Victor Con 475 485 situation There has not been a Walker 01 02 time in several years when such West Toledo 03 04 Yankee a healthy condition of affairs ex10 11 isted in this respect It Is one of Zuma the promising elements whenever UNLISTKD STOCKS the improvement in money condiI tions is iprolonged enough to warBid I Asked rant a resumption of bond buyiug Eureka Stand 450 500 Except for bonds Mineral Veins 02 02 and convertible preferred stocks Park Galena 21 25 not a great deal of new financing Three Kings 05 07 is looked for during the remainder July 27 1929 of the summer SALES Alta Tunnel 5000 at Ec 1000 at NEW YORK STOCKsl GRAIN CATTLE PRICE SALT LAKE MINING By' BYRON SELLER -- -- TO Healthy Condition Noted In Old S)mdicated Situation r i e?timiuaicainjdv iraae T DOll LOW AVERAGE " DURING 7—B T i JV Al HOGLE & CO BOND DEALERS AND STOCK BBOKEES : "I MEMBERS s Salt Lake Stock and Mining Exchange Chicago Board of Trade New York Curb Association ' - DIRECT PEIVATE V ' WIEES TO - -- New York Chicago" Boston 225-- e V Eccle Lo Angeles - San Francisco Denver Bldg Ogden- - " |