Salt Lake Telegram | 1929-10-21 | Page 8 | Wall Street Briefs

V Wall Street Briefs Brief ct NEW YORK Oct 21 TIre 21 Tiro manufacturers manu manu- In tho United States durIng during dur dur- ing produced matio matlo casings compared with in July and Jn In August Augus last year David A. A Schulte and his adso- adso elates have resigned from the Union Tobacco Union Cigar and Webster Tobacco companies Tim Tilo output of motor vehicles i ithe In Inthe the United States during September totaled according to factory factor sales Tills ls a decrease of ot compared the preceding month and an Increase of eighteen over o September Standard Oil company of Call Call- fornia announces reductions of 4 00 cents to a barrel in crude ol oil prices at tho Santa Fc Fe Springs SIg Hill anti and Seal Beach fields Th The action Is based on overproduction K R. R KIngsbury president of th the company says that more than 40 40 barrels of ot crude have been added to storage this year and that the present overproduction v was n barrels a day The no par capital stock of the th Do Forest Radio company has lias been increased shares through the exchange of common Chares for those of Jenkins Television on tho basis of one De Do Forest share iare for forone forone one and three of Jenkins Tho total total- authorized Do Forest Fores stock Is nov now shares Dow Jones 0 company repot report t that steel fabricators in the MahonIng Mahon- Mahon Ing valley district are holding to the high schedules of midsummer this week but that tho primary In Industry lit lit- ison a gi reduced basis Trus- Trus con stool steel warehouse shipments to date this thie month arc aro 15 per cent higher than a year ago Youngstown Youngstown Youngs- Youngs town Sheet Tube is' is operating 77 per cent of ot rated capacity and Republic Ke- Ke public Steel slightly less Newton Steel operating Its Newton New ton J alls property nt at SO per cent Is preparing ing to start plant at Monroe Mich