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Show Up and Down the Street 50 Stock Margin Ruling Ups Debits Only 20-25 with Carter for 33 years as both an early-day oil scout and later as lease buyer. At th. same time, two Junior curative title men will join ths staff of Carter's district land man, W. B. Clay, here. They ara J. R. HUlinghausen and J. M. Dunbar. Mr. Clark will continus as a lease buyer for Carter's central division di-vision In Oklahoma City. Spud In Wall The California Co. has spudded in it No. 1 Gentry well, SB SW NE 22-5S-22E. Ashley Valley field, for a northwest extension test of the "oil patch." The well Is an offset to ths north of Stanolind Oil Gas-Utah Oil Reflnding Co.'s USA No. 8. Loans In Fere. Total loans In fores In Salt Lake banks on Sept 28 were $86,000,000, compared with $83,000,000 for a corresponding date in 1948, federal fed-eral r s s s r v system reported Thursday. Demand deposits wer. $17$,-000,000 $17$,-000,000 as against $172,000,000 last year and time deposits unchanged un-changed at $02,000,000. By Robert W. BertUek Customer debits have increased only 20 to 25 since margin relaxations of six months sgo. Salt Lake brokers reported Thursday. Thurs-day. On March 30, ths federal reserve re-serve board announced the new 60 margin requirements and ths board of governors of the New York Stock exchange followed suit. Prior to that date and shortly after the war, customers had to pay down in cash 75 of th. value of stock they traded In. During the war It waa "cash and carry," with 100 margin requirements. require-ments. Liberalization of th. requirements require-ments followed the general "unfreezing "un-freezing of the economy." But few brokers here sntlctpate a return re-turn to the days of 1929 when 10 (snd apparently sometimes . ks) waa th. margin requirement. Uncertainties of the market although ther. are thos. who believe be-lieve it can only mov. up from its present bargain basement position po-sition ara credited with reluctance reluc-tance of Salt Laks Investors to move out full length on msrglns. If a trand In ths market is established upward, however, brokers ar, of ths opinion local Investors will take ad van tag, of full and currantly permissible margins. To Toko Oklahoma Pott Luther L. Clark, veteran Carter Oil Co. employe and a figure In the Uintah Basin lease play, leaves Salt Lake City Tuesday for assignment as-signment in Oklahoma City. Mr. Clark has been associated |