Show Leading Isgues Back Down as Far East Row N Y Stock Dampens Buyers' Ardor NEW YORK Aug 8 lPI-- The stock market ran into profit-takin- g trouble Monday and Jeadirig issues backed down fractions to afound 2 ' V points While selling was light- throughout rallying attempts were equally At that there was'a unimpressive handful of resistant stocks several new highs for the year and extreme losses were shaded in many ases at NEW YORK Aug S lAP) — Fallowing stock transIs a tabulation of Monday's actions on the New York stock exchange Dow-Jone- STOCKS Averages (Sales in Hundreds! Net Sales Adams Kx Air Keduc Alaska Mi A lie Corp Al C A I) Allli'd Sirs Al t'h Mlg Am Bk N 15 IK ?ilk2 ISO 11 V 11 l' ISO '4 Si 53 t 20 21 fl Am Can Am C A F Am C Aleo Am C Sllg Am $ti ifd Am Jnler Am Ioro Ant M A F Am Metal Am 13': 2 AFP 1 J3 4l 17141 8 22 131 8 S 1S ' - 55 ' lOMVil 29 13M 13 41 4s 17 'Al 1TV4 6 "l 1 52 20 00 56 V 55 103 21104 29 lfi 29 4 13 11 A Hogle It Co memfcerk New York stock exchange) Close Low HlRh 30 lndust 145 bU 143 75 144 ')J off 134 30 rails 30 06 29 40 2!ltilotr If 20 utilities 2120 2067 90 77 off 16 Bonds 90 01 off 20 Commodities 4705 off 97 3(1 20 20 IndusT Kails Utlls : 145 67 32 33 24155 1938 hlRh 98851938 low 1900 1514 64 46 194 40 1037 high 3754 1 13 64 28 91 1937 low 1965 1323 1853 low 4122 38117 18911' 14461 1929 high 63 Vs 1 V 22 a 23 15V4I 15 5' 3ti'4 36 12 5 5H 7 2: - ! 1 Russo-Japanes- 7i -- 1 Mi 8- 1 4- josrttnd-atanyinwHvltho- ag the ticker tape frequently was at a standstill and the failure of large offerings to cdme out on the sliding trend encouraged analysts to hone was mainly techthe day's slip-u- p nical and of a temporary nature Steels led the downward reversal This week's mill operations were placed at 394 per cent of capacity off 4 of a point from last week This was the second setback for this barometer since the upturn got under way the last part of May The first was due principally to the Fourth of July holiday Although Chrysler was a soft spot General Motors managed to edge into new high ground for 1938 as the company reported sales to in the United States during July topped June but were about of the July total a year ago Prominent losers were U S Steel Yellow Truck Briggs Bethlehem Mfg U S Rubber Montgomery Ward Allis Chalmers Douglas AirDu Pont craft Westinghotise Anaconda Philip Morris Loew's XT r cw American ameiung oaiua re & and Central Chesapeake York Ohio Radio was the most active stock at 7 8 of the day gaining Others holding modest advances wer Union Carbide Phelps Dodge and Monsanto Chemical con-ume- lf 1 T 2 Bend Av Hest A Col Beth Steel 5s pfd 21 'Al 2114 2i 47Mi 4714 67! B(4 5914 1! 1514 11! 18j 17 29 28ti 2 281 28 7 1714 17Mll 27 33 24 12M 12 61 351 3414 13! 13 6 614 oil Ham- B 15'! BlawKnox Hoe Airpl B Al A Br Borden Co Borp Warn Bridge Br Briggs Mlg Bijc Erie Budd Mfg HwM Whl Budd A M eelotex v Cer de Pas Certain Pr Ches A 0 R 41 -- 174! 32141- - West! CMStPAP pf -- 114 6 20 8 3s 99 LlliMcNAL 23141 48 10 10 141 C 91 "23 15H I V 31 71 1541-2H1- 4I 25 'A 81 31 6! 561 I Bronze Gen Cable Gen Elec Gen Foodt Gen Mills Gen Mol do Pf Gen Ry Slg G R ft Util Gen TAR Gillette 8 R Goodrich Gdvr TAR Graham P Granby C M OtNIO ct Ct No R pf (it west H Grevhml 0 — II — decker Pr Holland F Hollv Sue Hornet k M Hou Her B Howe 8nd Hudson Mo Hupp Mot ' 24 2 Mi 46V 35 'A 46 35 69 5 69M(! 14 35' 34 24 1 219 I5T14 201 M I4 li 161 1151 141 18 51 2414 69141-- 5 15 i 35 24l bt'4l 81 15 18 214I 2041 14 CAB' 4 JAJ - 54 - 22! 1151- 161 1041 SI 1241 514 1314 44 3514 6814 43H 344 181 151 591A l'A 1 714 14 38! 24 7141 14 31 Transamer Tr ft W A 104 314 121 9ti 7 8 37 4 4 3 5! 161 141 13! 8 27 Ml' 164 17 W 7'' 42 U S 1AI 15'sl- 5n'A( 4941 494I- - 154 9'i l'4i do s II r 7 44 17 17 6414I 64 '4 - 17'4I 64 714 14 U H do 12 13 7l 44 181 31 7 11 721 341 101 21 8! 101 ft 9141 11 12l 941- 1V4U 14 61 '4 do 5s 50 st 19! 30 7'ji 714 1(1' 21 'A 1314 22 14 14 'A 114 25'n 11 27 - 6'kl- - - 61141- 18 1974 304 '4 11 (I Ml Ill Cent I 4 241 7 7 4 '4 241 14 2 19 16 4314 19 1614 43 204 4314 20ii 75-- 1941 74 14 1641 lit ! 154ai 8' H 414 94! 33 351 14 Hi lOMll 1041- 11 184 184 184 49 48 2741 271s 4'4l M - 61 71 51 15 1441 524 5H4I ia 15 10 4i8 85HI 84 21! 88141 42! 29 1 3 6214 35! 3M 31 6 10 78 51 6714 19!10s 1! 214 87 84 no W 21141 2II4I 10! 6 3 1' 67 4 127 6 3 i ' 47'8 86 68 62 lll't 4 6 20'il - 66 66 60 5 601! "n 2014 18'sl IS'! 914' 01l 3JI 14 103 s 561 Rep Steel 5Mis 541 Rev CAP 14 'A s 66J Shell Un 314 s 511 Skellv Oil 4 51 Sou Pac 4 Us 811 do 34s 46 do 414 s Ore 771 Btd Oil N J 3s 61 Studebak 6s cv 451 4 14 6s 55 8b 41 8Hs JA Upon Rtqutst HOGLE & CO Illinois Cen Indus Ray Inland St Inspir Cop Interlke I In Bus Ma lot Harv lot H E Al int Nick c lnt Shoe Int TAT 131 12V 19 291 4' 76 I 1214'211 2S 7514! 75Ml - 61 801 44 1 40: I'll 61ii (Parchment 1103 7!l064iin6Mr1i4 4! 99 99 I I awl l 1 nT 1 " msTa4 NaT I 8S4W "1 201 - 4 18'i 9'4!- 14 5 'TV 6V'- - WASATCH 380 Trunks IS Stations 3 li'iomnni i iinaai uniii iiruu 15 15 151 131V 13ml 11" In $1000) 8:1084 '1084 !l084 7 14 80Mll 66141 92 104 H2 84 Ml M 7 14 8014! SOMI 66 66U 021AI 92H 1104 82 84 55 14 1104 Mt 82 84 5514 lfornia Certaln-tee- Products d man- !i 111 32 30 I 7(1 Wl 70S' 27' 87 fifSlAI RBty 48 12 11141 12 2lni 141101 i4nmu 1'IOS I103 I103 111 41 Ul 41HI 4114 5i 8 I 8 8Kil 91 48 48141 101 21 44 41 451V I I Z 4'4 45M 451' dav vear noo vesr $2- - 144697000 Cotton Gearinss WILL forthe MINNEAPOLIS Aug 8 (API— Flour— cot- Csrload lots per barrel in tnn sacks family patents 15 cents lower 15 cents standard patents $505525: lower $4158435 shipments 21126 bar-- SELL AT v MARKET Edward $ i L will 1828797 00 v2 362009 00 14577956 00 1675503300RR 030 279 326928185 1 GLADLY AGENCY PHIL I 50 9 3 3 3 lid u jJljl) 800 200 500 20 25 L Burton Established Helpful B usiness men should establish a helpful banking connection Responsibly managed firms have for many years found worth- while advantages in commercial banking relationships with thjs institution Credit is granted to meet the current needs of This bank welcbmes the oppor tunity to discuss credit require nvents with qualified borrowers WRITE OR PHONE YOUR OWN INVESTMENT DEALER Utah Oil Refining Utah Power & Light Pfd Utah-Idah- o Sugar Common Utah-Idah- o Sugar Preferred Amalgamated Sugar Preferred Utah State National Bank Zion's Savings Bank CONTINENTAL NATIONAL BANK AND TRUST COMPANY of Salt JOake City progressive & Company 1899 MEMBER 76 80 1 101 92 FEDERAL DEPOSIT INSURANCE 1911 CORPORATION COMPANY PURCELL President 519 Boston Bide FURNISHED 40 Z C M I 50 TJtah Hotel Co 100 be 54 i4'25' CONTINENTAL responsible business WITHOUT OBLIGATION A PROSPECTUS OF 3 47 1 51 1228 Insurance of All Kinds 1914 20 24 24 m 1 Established 1 eggs 274— — tsutier l Vi — score oyic 89 4 — ii 3 90 score 25c score 2514c core 24c 31c — extras 1— clean candled Eggs 1—can27c 3 —candled large standards 3 — candled medled medium extras 28c small 25c 1—candles dium standards 19c 314 Poultry — 1 — hers Leghorns under 13c pounds pounds 13c 2— 3 '4 to 4 4— hens colored 15c 3 —over 4 pounds T4 to —4 pounds 122c: 5 — over 4 pounds 19c 6 to broilers 23c pounds 7 — over 1 14 to 214 pounds 19c 8— friers — Barred Leghorns 2 '4 to 3 pounds 15c 910 —other Rocks 2'4 to 314 pounds 17c colored 18c 11 — roasters Barred Rocks 12 — others 20c over 314 pounds 20c 11c 16 — ducks young under 414 pounds 17 —old 11c 18 — geese 15c: 19— turkeys 19c 20 — young toms 14 to 18 pounds over 18 pound! 19c 21 — hens 9 pounds and UP 21c 22—old toms 15c 23 — old hens 16c Western cheese — Triplet daisies 13c 13c loafs 14c longhorns 91 — Note — Butter key: 92 — Extras 89 — Firsts Prima firsts 90 — Standards " 6 ' 37 ' A NAME YOU CAN TRUST 15 1514 24c 5 75 05 55 81 37 38 11 20 50 00 13 75 4 5 3 1 prir 27 410011 OB'VlOni A us: 8 (AP) — Produce inn ANrsiTIFS — Butter ii 3ni! mm 3nn exchange 130100 pounds receipts 6' 78 77VI 77S4 cases 61 S L Bank Report Bran— $140001450 (Sales BONDS 29 28 Eggs: Large extras 2814c medium extras 2514c small extras 1714c large 2614c standards Cheese flats 14c triplets 1314c li'lin4Vlini4iiinu SI 10 181AI 11 6' 70S 89 25c 14 WASHINGTON Aug 8 (API— The position of the treasury August 5: Receipts 54063748842 expenditures $37069973 61 net balance - $2203768 23315 Including $161071085584 workCustoms ing balance receipts month $466302104 Receipts for the fiscal year (since July 11: $508002331 74: expenditures $962 950310 25 Including $26556263892 of emergency expenditures excess of expenditures $4"49479785L gross debt 07 an Increase of $06718148 above the previous day Gold assets rels DOMESTIC S0141 20141 ?0i4 74 74 74 H Flour Branch Exchangt Sm' 1 Earnings Reports Maryland Fund Nation Wide Sec do vote x NEW YORK Aub 8 ( AP —American Inc 8hr Zitsc Lead A Smeltinc companv Monday Quarterly Ittll Inc Stand the a net tor loss of $64687 reported Tr D Am Puper quarter ended June 30 compared with U 8 E L A P A net profit of S13053 eoual to 19 cents do B V In the on the share prior preferred stock do vot previous Quarter and a net of S81074 anart on tnt enuni tn si lerreo in tne corresponning quaner iasi In The company has properties year Tennessee Olilu Illinois Missouri and Cal' I 2- 196b '?ury 15 25141 24 V4! 2414 4 4 24 414 2141 4i: 24! 214 8 191 8 A do B 1034 ilO3Mil1034 Total sales $5335525: previous S3054000: week aco 125: '4 aco $5 202400: two vears$3820 aeo $9 750 2' Januarv 1 to date $1 080 574605: aco 81808952850: two years aco 1 Sugar Market l 1108 EGGS 93l ' 6 NEW YORK Aug 8 (API— Sugar futures were about unchanged Monday After Saturday bank debits Same day last 'year a firm and talrlv active Openlnc brlces Past week't bank deblti aettied IfMo ftitwith trade Interest-o- n Same week last vear bolh sides bank clearings The No 3 contract was unchanged with Monday Same last year day at 183 and March at 193 The September No 4 was unchanged to 14 point net lower wih September at 99 and March at 106 2 lower sales Futures — No 3 closed 11850 tons September 182b March May 250:109141108 17-8- 4-5 Fund Tr Shrs less) 14c wrapped 9914! r i Large white new laid eggs dotuo wnite pew iam egps 26 104 M!104 14 '104 14 Mediumnew ioi laid standards 151102 74H02 V4IIO2 '4 Large 21 50141' 51 V4 121 5 CHEESE 51 64 64 64 8' 58 "A I" 57 14 5714 Full cream triplets lb lb Full cream longhorns 131103 1103 1103 sandwich loaf lbl Full cream 9 80 79141 80 Triplets western cured lb western cured Longhorns ?1'H4 1"U'1"4 Daisies Wisconsin cured lb 91? 5' 92 02 6 031S! 93'4 Longhorns Wisconsin cured lb 1 f - BUTTER butter (92 score or lb I 1103 crearrt £s lb) Bid 11 3-- $ better) Flrat grade (91 score or better) lb Second tfrads (90 score or under) 08i 191b' 7 Anglo-America- - i lb NEW TORK Aug 8 (AP)— Cotton lost up to $170 a bale Monday under heavy foreign and" domestic liquidation promoted -2 43 do Dfd 43 by the government estimata for a cotton 231 164 Wea OAS 154! 16 " J jn't i74 in crop of 11988000 bales 2R 131sl 13 13 14 West Un T 141 10! 31 3014 31 Some resistance developed on trade buy 4 !i 1163 2 164 4 IsuhUikU 1915 '163 West A B 12' 27'4I 2614I 2B'4i- - 14 ing at the decline of 26 to 34 points as 40 63141 61jl 6141-5- ! '4 West EftM !1041il- - 1 2710514'104 went to a basis which was expected prices MlMtltt 7 64!-4- 9' 6V4I 11! 14 ' Ml White Mo 14141 14141to make a new crop loan mandatory 51 4I 504l 51 l"1-- 1 NIW rOHJt STOCK IXCBAHGt : 2! 5 V Wilson ft C 514!- uecemner nan so wnicn 5li off from 34' 34'' 31'! Wooiworth 59' 4SL4! 4714! 48 - li 8 54 to 823 was quoted at 827 In 9 914!-- 1 - 14 21 21 5 21 Wrth PM 3l O'j when'ths 22 to 29 waa market I —4— Wasatch 77 WrlEht A 1M So Main 10 08 1i 08ft - 31 points net lower M Johns 8 9714 96'4 96'4 2 71 Wrlgley W 'j 71 71 - W f utures closed 12-2- lower Low — K— Close High 1 11 141 11 Mi 11 1' Kel HWA Tel TAC 139 21 14 2014 2014!-3- 9 Oct 8 47 8 15 8 28 30! 40 3914 -Young SAT Dec 8 8 54 8 37 23 I — it — t 8 55 Jan 8 24 8 36 "At the Sign of the Arrow" 21 R Zenith 15 22 i!21'4l 8 26 8 61 8 41 March 8 64 8 29 8 43 Tolal sales Momlav 913030 previous May 8 83 8 32 846n day 820060 week aco 586510 year ago July Boot two 752190 quiet:: middling 836 years aco 1334770 January I lo date 161676095 year aito 254728-13(n) Nominal two years ago 304375484 V? V Ctmplimtnttr) Cepits ll 1 2 Sweet 21 41 28-5- H Takohama 8s 1 Ill's 1s"- 11 61 18 24 32 30 304 29 29 29 23 23 23 16141 154 154 " 71A 714 74 1314I i3Mi l3 77 76 76 8 "74 74 6141 614 614 2 214! 214 21i! 214' 214 Russo-Japane- Produce Markets Mi 111041110411104 4I K44 844 S44 4l 05 04141 04 'A 88 88 ll 88 RemRand Orient D 518 58 Rio de J 6148 531 Tokvo O 5Hs 51 4 Tokyo El M 6s 53I - 45H - 111 4814 10 1514 7014 Volume totaled $5335525 face value compared with $6154075 last ' Friday I I'i" - v 211(!- 6 4 c b 7i 2 66 101108 14ll084HOS 31 59 58 14 59 191 17 16141 16V4 do 4514 98 96 — Canada 4s 60 folomb 6s 81 Octl Cuba 514s 45 85Mt 114 Denmark 4 Us 62 21 OOAB 6s 80 Octl 88 14 214 Italy 7s 51 l 914)- 1I 4 Japan 614 s 84 28141- do 65 61 '41- 14 G 6 Mi 591 -- 27S - Vt Mlnas N 8 Wales 5s 57 614 Norwav 4s 83 78 6 '60 l-- 5' 96 Pac G A E 4s 64! Pa RR 414e do 701 do gen 4'AB 81 do 348 70 Phil El 3 'A 8 67 Port GAE 414s 601 Postal TC 5st 53 Brazil 103 4814 9 74 Investment Companies 21-14 43 10014 'lOOHlOO RAN 48 61 BelKlum 68 V 6611 10141 10141 1169 169 3 Kubher 214 - 6 741 254 14 tivk 41 104! 10' 74 7 4 'A 52 20 Mi 414 14 8 (API— Egg- sNEW YORK Aug Pacific coast jumbo and premiums 34 14 i!i oc &i 37c biuhumuo specials 41 West Un 5s 51 2914 Si 30c mediums 161 7141 73UI 73V 3214(S'33c do 5s 60 71 do 414s 50 V 72141 71HI 14 8 (AP)— Butter was CHICAGO 41 92141 02141 Aug WheelStM14s 66AJ 9214 steady Monday — score rresn yj k"1" 61102 1101'AI102 Toting RAT 4s 611 90 score 25c 2514 c "25V4c: 91 score FOPEIGN BONDS 89 scoret 24 1c: 88 score 2214 c — score 89 25c: rti-ll7pr90 In rarlots (Sales $10001 core 2414c 88 sport 2214c Abltlhl PAP 5 53 5' 68141 68141 6814 I 2' 98 Antwern 5s 58 96 06 ) Aug 8 Australia 5s 55 1'10514 1105 V 1105 H — 8 AN FRANCISCO Butter: Score 92 2614c 91 2514c 90 do 414 56 'I niiom 314K 141411 o 1! "4 714 20' corporation NEGAE 5s 50 at 73 564 ufacturers of building supplies with plants Ok N G 4MiS 51 A !1U 1U4 1104 locaiea in Key cities mrougnoui me coun21 904 eoiii 90i Heaviest P P A L 5s 55 3 73 72 72 Income net for the June try reported Trading 4lfl01Ml 10114110114 P C P A L 5s 79 4! 97141 97Mii 97Mj quarter of $106619 equal to $140 a 15110414 104Ml'104'A 61 94Ml PGLAC 4s 81 B 94 cent 9414 on the 6 stock share per was preferred the of day Heaviest trading 20 1034 1034 103 1! 95141 9514'9514 This compares will Phil El P 5T4s 72 a net loss of $188 588 3 which Steel 5MlS 49 6! 79141 79 PSPAL 79 in Bethlehem net a in the In and quarter precedlne 8! 6'AI 6'4 74 1! 72141 72141 7214 come or do 4 148 50 D Around SEPAL 5ieju&& equal after preferred Ill 5'AI 5141 S closed higher at 99 8 6s 2025 A 101 921AI 91 91 dividends to 8 cents i snare on tne 31107 4 1107 Mi 1107 H mon stock 1037 In the $500000 in this issue was trans S Cal Ed 348 60 15 15141 15 Newi Un a 44 161 55 fi5 quarter ferred the bulk of which was at a W It 51 97 WPAL 4s 68 A 97 97 1106 price of 99 in the first few minutes 8 108 1106 a Petroleum holdAmerada Corporation FOREIGN BONDS 18 10514 105 1105 of trading unchanged from Satur ing cominy and subsidiaries reported for (Sales In S1000) 21 99 09 J 99 the second quarter of the year net Income Institutional close purchases 8 103411034110314 day's 6! 21141 21 Oer C Mun 7s 47 2114 after all chaEes of $448172 equal to 6 964 96 14 964 of almost a like amount oi tnis issue 57 cents a share of capital stock and comTotal stock sales Monday 141000 pared wlih $552991 or 70 cents a share ex in the week last made were Hi 12-41141 42 shares: year ajto 109880 shares: total in the June 1937 quarter and $434889 bond sales Monday 5 107Ml11074!-l7$900000 year ago or 55 cents a share In the preceding change VI 26 97141 7 quarter Foreien bonds with the excep $1060000 511 99i 994i 994 of Japanese Issues did little tion 61 97 97 9614 either way The average of 10 loans 1 1034 110314 H0314 at 628 was unchanged However closed off 1 4 at io'iooiaIioo 10014 Tokyo City 5 43 4 Tokyo Electric Light bs losi 5103 1103 103 441 20141 lOMi 2014 1 4 at 45 and the Japanese govern2 614 614 ment 6 614 were down 1 4 'at Virginian 34s 66' W Par 1st 5s 481 44 37 10 '4 19 '4! 19 U 3141 3141 Hherwln Wms Technicolor United Gas U Lt ft Pow A Wright Harg' 4 l'Sli 70 284 284 8 Pennroad Premier Gold 564 56V 14 11 8 24 103Mi!103!1410314 10'ION lllTHIK'O 101 6514 65 65 191 59'Al 58141 5814 104 5 104141104 51 72141 72 72 3! 84 8341 84 n Pac 1st 4s 471 Utnh L A T 5s 441 L 5s 441 Utah P 274 4841-47- ' l-- 4 II H iH Vanad Cp — W— Walgreen Walworth 'A Ward Bk B War Bro P -5 87s- S494 U 8 Steel do PM Util PftLA - 17 K4I 8 141 401126 125 125 21 14 '4 1414 H'4 171 pf - 111 5l 314a 48 O 431AI19141- 8'H ' Fd Loew's do 48 97 20141-42- 14 24 451 Kresge Ore-- 2014 1914 14 24 4s j NatDv 34 a Slwwl Nat Steel 4s 65 NYC rfg 58 2013 do 4MS 2013 A N Am Ed 5s 59 C Nor Pac 6s 2047 22il 224 22 2014 14 1 24 L Hll 4 148 61 McK A R 5Ms 501 Mo Pac 5s 77 F' do gen 4s 75 Mont Pow 34S 681 4 5141 17 14 17HI- 27 HI 264 29 Ml 294- 14 21 's 23'4!t 2 'A 15'1 154I- - 14 17-'- 611 lj f 814 8M 3-- 2s 1914 744 66 2 30 1 Mt City Cop : inhi sugar Her Jvewmout Min Nlag Hud Pow N4ag 8h Md B 8 441 8tl 4 Lion Oil 614 8Mi 714 714 20 20 20 Ml 2014 J4J i1 41 l-- 31A 3 3141 614 614 12! 614 2 109 M 100 1A!109 14 - II9: i 2414 l 4 814 56141 6! 10 14i 1514 24! 70Mi Jones Lau St Le Tourneau 4 14 2414 - NEW YORK Aug 8 tion of steel Ingots in July showed ' 8 LONDON (UP)—The Aug rush of European capital into the a 21 per cent increase over June instiUnited States dollar and bar gold the American Iron and Steel tute Monday reported resumed Monday both the BesAmerican unit and gold being driven Tonnage of open hearth and to in amounted semer July ingots up to the highest levels since March tons with 1982058 compared gross 30 last year The July Gold takings Monday were 1562- - 1638277 tons in June was still 57 per 000 pounds ($7638180) bringing to tonnage however 1937 10776000 pounds ($52769880) the eent under July represented an production Jury amount which has been taken since of the gold rush got under way last operating rate of 3342 per cent the steel industry's capacity comTuesday with 2846 per cent in June Peak of the current movement pared7848 per cent in July last year set last Wednesday when al and $15000000 in the metal was the official market taken nf thfi flight was attrih uted to revived anxiety over the NEW TORK Aug 8 "(API— Investment situation and to in Bankers Conference Inc bid and asked prices: creasing belief that the pound ster Bid Asked ling will undergo some devaluation Fund Inc $ 4 57 $ 413 Regarding the lattetv there were Affiliated American- Bus Shre 4 till tM rumors that the poundvwould be Bullock Fund 15 00 16 00 Inv Fund 4 30 305 cut to its old dollar paritycolnci-den- t Can 2 38 Corporate Trust with signing of an 2 32 do A A 2 80' do A A mod trade accord v Dividend 1 32 Shrs 144 Fund In vest ors"J Inc 19 20 -- I I 1614 43 19VI 17141 514! 4 4 2VI 8OM1 291 55 ll AGAE 5s 2028 grotrps were American Telephone APAL6a-2013 of '66 at 103 Consoridated CGftE 5s 58 A Fd 6s 49 A Edison 3 14s at 104 2 Goodyear 6s Hy IIIPAL 5s 66 G at IndPAL 5s 57 A at 103 8 Shell Union 3 38 2030 B and Western Union 5s of NPftL 104 Nev Cal E 5s 56 9214 8014 74 10'A 924 7314 74 lfll lOMii 1014 Inland 3is Int Paper 5s 47 IntTftT cv 4 Mis 391 21 2'4 164 H4 35 do 314S 51 Goodrich 414 s 561 Gnodvear 5s 57 Gt Nor 4s 46 G! 1 1 3-- 51 l Close 744 74Vs744 9 XA 9 40 40V i-- 01 14 27 8 59 l-- 02t 80141 61 3s 46: O M A C 104! 1041 241 2l4l 2'4 ll Erie rfg 6s 75 — do'trrr Men r 06- - Mi 10141J 3 '4i57 DARGW 5t do asd 18 " Low 114 117 214 214 2414 2414 9lXj4 5 25V1 50 rioR Ford M Lid GolflrieTd Con Gulf Oil Hecla Min Holllng Gold Humble Oil at 66 Ml! 66 66 C N Mi s 60 Can do 4s perp Cen P Ht 4t 49 CMSPAP 5t 75 do al ns 2000 CANW cv 44 49 CI El III 3 44S 65 Columbia G 5s 61 Com Cred 3 las 51 Con Edls 3 t 461 Con Oil 3 Mis Sll 11141 1 1 14 28 14 28141 15141 25 141- - 20 In 66 1 t 414 — V Ry 4 Pac 4 'A 4 10-1- do 314 Bklv M 14 Kl3117 24 1IK2414 ' 4 3-— MM 14 1 82 l-29 29Mil 29 42 4 58141 5814 59 51 4 '68 21111314 11314111314 B1P414 103V4 1034 The average of 10 Industrials "was 461 974 97 l£! 9714 3 lower at 100 and the ayerage of 1107 1UI10714 107 1 r 3 10 utilities at 938 was likewise 81 2114 1941 20 51051410514 105 14 lower B13i 99sl 08741 99 Among the narrow losers In these 171 271 P P 5s 2030 Am TAT5Mis 43 - I I 2-- 62 lyn A A I- 17'! 2014! 32 15141 II4I Alieermrnr-oi- 54 1! '4 U88RM 1'4 lit 33 '4 33 17! 32'4 32141 32141 2V 57'4 571'!- 71 11 HI 104! ion - 18' A 1 25 l-- 8 (AP)— Following Aug oiv'i ir Bales! High Great Northern Illinois Central 96 4 at 42 Nickel Plate 4 l-- at of and Southern Pacific 4 at vertible 4 4s of '46 at YORK IIS! Alum (V Am I AmCPftLB Am cyan B Am Ann Pnw Carrier Corp Chi ITlv Bhft Citeis 8erylc do pfd Com A So war Con Cop Mines EI Bond 44 Sha'a do pfd Equity Corp r ihk nuDDer Ford Mot Can A On the downside around the same extent were Baltimore & Ohio con- Close V Steel Output Gains in July Europe Buys U: S Dollars New Yo rk curb exchange STOCKS Sales lit Hundreds) On Downside S1000) I 9'Al 6'4l 7 62H 18V! 43! 27 11! 30 421 24 Leath R '4 14 In ?2 3 7 BONDS ISaletl WlRhl Low B A O St 2000 f) Beth 8tl 4MiS 60 2541 t Unit O- -s I U S Gyp pf U 8 In Al I" 274 1 2 28 Unit Carb Unit Corp Unit Drug Unit Dye pf Unit Fruit 5914 111067 1108 7 1108 52-4- (Sales 24 94 24! 26 Union O C Union Pac Unit Air L Unit Aire 68-1- 8102 221102 22H02 2 1043 1104 3 1104 44-4- 2 CORPORATION 10441 23 28 'A "15 74 10 26 26 13' — V— Union Car 43 354 3s 7-- do 3141 61 55 Arm Del 4 A T A 8 P 4s 96 74 10M Jfili 8! Trl Con C Twen CFF 2:1 :i 39 Tex Corp Tex Gulf P Tex Gulf 8 Tex P L T Thomp Pr Thomp St Tide W A O Tim Det A Tim Roil B 244 24 '4 25A II 5914 1 — T— 68 Vt 47 3521 48 121 '4 12114 121 it 8 2214 22 224 114 14 174 1644 170 914 84 II Hrhenlev D Sears Roe Servel Inc Hharp ft D Shell U11 0 Simmons swTry "on r Smith A O Soconv V So Cal Ed South Pac South Ry St G ft E do $4 pf St Oil Cal St Oil Ind St Oil N J) Stew War Stone ft W Slude Cp Sunshine M Sweets Co Swift A C Swift Intl 34 10 111 141 4451 81 Jos Lead Spsrrv 'C St Brands 2314 8141 l-- 4939 2jt 2 'As 2i 12141 12141 12'1I3! 8S 844 85 5 5 4T 2 48 22i4' 214 21'4I-37V- 4' 551 3714 23! 4:14! 4214 42'AI- no 101 nu 50 41 244 2414 24141 6i 0141914 94 7 57 Mi 57 B7 4 3 l'A 3014 31AI 16! 34 14 33 33 401 1214 114 1141 12 14 134 1344 v 33Mll 334U 13! 02 0U4II ill 111133 V4H3114U32 135 11135 J135 1178 4 1784 17 21 21 4 214 2714 39 27'A 27 51 124 U'4 12 4 37M) 37 Mil 3714 40U 5 4014' 40 314 3iA II 314 ll 4jA 414 414 38141 38i4( 141 39 01 2314 22Vl 22141- 321 23141 2241 23141 71 3174! 3114 314 51 21 ' Reo Motor Repuhlle Sill Rev Rey Tob BJ 2 'A I4 ll 63-5- 8 '4 37ii RCA 2314 20141- 21 Oil K O Hem Rand 2241 21! 7141- 7 Mi! 1103411034 1103!- fil I6I4I 1641 164 2' 2314) 21141 23 14 231 14! 7! T Parmelee Panmo Mine! Pennev J CI Pen-Ceml Peun R R Phelps Dodl Phillips Petl ntts t ptBi Plvm Oil Pressed 8 CI Proc A O Pub Bvc NJ Ht 59-5- 314S 64-4'A 3S 49-4- 4 27141 27 '4 SV4I 641 5'Al 514I 571 10 10'4 10'A 2' 8911 89 Mi 89 14 R Mil 24i- - 5 18 514 2314 5 751 311 1BH 25 2 14 46 'A 35 25 1 1 60-5- 2is 24S 48-- 73141 73 3! Bakl Purity — R— V4l 16' 101 121 201 8! Pullman It 49-4- 6 52-4- 2 'A 97'4 0 74: o'4 Park Utah - V 4Si 14 'At 9'a! 43 24 Mi 9' 28 a do 1st nf do 2d pfl 25 2814 3 100 100 100 321 1014 1014 10 29 56 1! Gl llli 25a 16 141 a 'As 2 lis 63-4- 9 2 4 54-5- 1 3s 55-5- 1 2141 60-5- 6'! 9fi 8' 9814 71i 40 14 Farm Pure 48-4- 6 4's 2M)t 71 ' 7 51 211 4! 3i J 3 77141 514! 51jl 4514 4 11 4ri 18' 10 74' 1 8 8 5 Oliv 13i P F A Iron Co G A Kl Col Pic vtc C Carbon Coml Cred Coml Solv Com A So Cole-- 4li4l 4 5! 19' lH 3 J40RT-GA6E- 13244'- 12141- 4614- - iam 4Mll 12141 11 — P— ' Par (J A Ell Packard M Param Pict1 72l 4 47-4- 5 2 'AS liV 21 l'l'kl 244l 1341 2541 7 18- Ohio Oil ii4' 45-4- a 24S 28' Muck Tks Macy Co Mama C Marsh Fid Marttn Co McCrory Ht Mclnlyre P A R MctiKel Co Ma Mid Con P Minn Mol Monsanto Mnnt Ward Mot Wheel Murray Cor If) 43-4- 1 3's 3 hi 'A insslh Lorillard p —M — 334! 32HI 32A! im i II Llifiiin car Loew's Inc Lone St (' 5 24 V 23 Ml 49 '4 234 M & Lift 3414 4 5'- 54 271s27 '4 27 1 32 '4 32 A 32U 7iA 3 4' 1 ' 'fl a in'M n'l 103 am- 2n 4 40 17 50 404 54 31 54'4-- t 54 141 'j 2OI4 5! 20 14! 20 I I" I 14 274! 27'!- 35 48 4K'S 47 Ml 5! 33 32''4' 32141- - R C St Lerner 34 99 55 V Lehman 4 2101 744 73 139 I 139 139 171 12 74 12 21 1714 1714 7 Ml 891 714 II 14V 1414 'Alt 81 93 'A 92 83 'Alt 49141- 101 494 4914 38! 12 ll'Al-- 1 581 Wl 114 111 Chrysler Coca-Col- a leh 2414T2414 Otis Kiev Oils SIceL 2 ! 84 r R LehrglTp 4s Nut D Storel 6! Nat- - Distill 22! 14 Nat Lead 20 21 Nat P A Ltl 18! Nat Steel 22' In' Newport N Y Cent 128' NYCASI pfl 351 5: N Y Invest N Y Sliiphl 6' N Am Avla! 27' N Amer Col 52 Nor Pacific! -- 12 19i 17V' I' 42'!- 1914 171 42 19 17Mt 43'A! 81 lb Nat Biscuit H Nat Cash Rl 4 Nat natrv " -- 344 57 Oro Kro 19M 19 61 614! 411141 19: 4i CAN G highs and lows S since 1929 latest dmdrnJs dates yearly earn-in(- S (jnce 1954 and other pertinent statistical data on N Y listed stocks as well as Fitch rating of each security 'si S! jf nO-CDE- 18 28Ml 28 21 2 8 20 7 6141 3i 3'sl 3 09 5 StVAj 1121 24 4 2i 24 Eaton Mfg El A Lite El P ft Lt do $6 pf do 730 Stocks 'i Kennecott Krone 8 Nash-Kel- - S9IAI-15- 20 2m 8 7: Cp-S- Statistical Records 20hi 13' 22 Corp Erie R R Eur V CI — F— Fair Mont Firestone Flintkote tH Freepor — — Gen Bak 17i 54- 4 Cat Tract Consol Air Con Edison do DI Consol Oil Con Text Cont Cqrp do A do B Cont Can Cont O D Com Prod Coty Inc Crane Co Cr of Wh Crosjey 1$ Cr Zeller do pf 10t 12! lljl PGA' Congol-N- 20 31: Cal ack Cal Z Lead! Cat A H Can Can Par Car A Geni Case J 1 Cel 914 2041 204 Ift'Al 1:)4 2 fit Cub-A- ' FITCH 9'i 2s Sounds Cheerful Note Secretary of Commerce Roper returning from an overseas vaeationr sounded a cheerful note for recovery and believed that while war dan- Cudahv PkSI r gers were still present in Europe Curtiss-Wdo A — 1) — ther wete hopes for their abateA Co ment Chairman Jones of the Deere Del A Hud R F C at Amsterdam also was Del L A W Detroit Ed far from donwhearted Dlst that some railroad bonds may Doehler D CI Dome Mns have been oversold Doue Aire de N Sterling and the French franc DudoP deb tumbled to new lows for the move in terms of the dollar East Kod lfMtll 91i Halt A O Barb Asph 11 NEW YORK Aug 8 UPt— The (Dollars and bond market idled around Monday TREASURY with railroads holding fairly steady Low Close IBales! Hidh as a group and with industrials and 1 107 12 10712107 12 Marl 2 108 00 107 27 108 00 utilities slightly lower 41 11 109 22 109 22 1Q9 22 U S government obligations were 4 4 4 109 24 109 22 109 24 10 106 16 106 15 106 16 with gains ranging up to 4 improved 106 1 2 1106 11061 45 2 107 29 107 29 107 29 in the more active issues 2 108 19 10819 10819 ft OS OR11H 0 The Associated Press average of 1 104 23 104 23 10423 48 K 20102 7 1102 4 1102 5 20 rails was unchanged at '614 40lO3 211103 18il03 21 29 106 21!10fl16 106 21 Gains of fractions to a point were 6 104 5 1104 3 1104 5 2 104 3 1104 2 1104 3 Boston & Maine 5s at reg shown by 411034 1103 1 11034 4il02 12 102 11J02 12 36 Santa Fe is at 93 Delaware & Hudson refunding 4 at-6-8 EDKRAL— FARM- 4 of '65 at 2 107 00 107 00:107 00 sylvania general 2 106 7 1106 7 1106 7 8 95 and Erie general 4s of '96 at 21 HOME OWNERS LOAN (Furnished by J 12t ni ll(i ll 11H oi YORK U 8 GOVERNMENT BONDS (Bales In 11 000) Close Low High 11 ) Auk 8 (AP)— Followln art Monday's hich low and doting prices of bonds on the New York stock exchange aM the total tales of each bond: NEW s Runs Into Profit Taking Carri Liens NYCurb Hold Steh Exchange Utilities Dro Quotations Xnew Bond Prices Stock Prices 91938 AUGUST Bigoard Exchange Quotations the close 14 Business news on the whole conSHI PAL Mi Ifi'n ib'it 15 tinued to provide an optimistic AAmft HullBfM ti 219- - 21 V 20H 21 i inAm Ka 8 and 18 It IS framework for speculative SO SO 37 si 'lV Am 8 A R 211: vestment sentiment but many trad-fr- s Am Sll F Ml 1 29 W 29 '2 Am Sug K 2fiS4 27 '4 264 e I'fH 5 stepped aside as l'113U!tl2ttill2t Am T A T 'A 1814'iV41421i 142V4 in east far the renewed was H7 2 88 Mi Am Tob fighting S7i Mi 12 '9(1 V 8"' 00 Ml and commodities developed further Am(lo TpB F H 13 "8 ii Wt Wk Am 35 11 10V ll'm weakness 11 Am Wool '4i fii 7 38V 381s! 384 The Associated Press average of pfd' Anaconda - 14l 37 '4 36 36 14 of a 6Hssus-w- s treToff 4 point B Arm III 6 4 6 12 4 Transfers totaled 913930 Mi 54 'A 54 54 14!- pr pfd - i As D Oils 11 1114! 1169940 last with 10ii llf shares compared ATASF 15 39 3714 374'- - l'4 5 24 'A 24141 241- All Hcl U Friday 4! Atlas Corp 841- 4 S'V ' Fail to Recover pin iiiV3 mi Atlas P pi 10118 118 118 - 14 Auto 414 414 414 The list got off to a lower start Aut - 'A Av Corp 14' 414 4H — B— and failed lo recover a great deal one-ha- TUESDAY MORNING THE SALT LAKE TRIBUNE 14 Was 383 |