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Show j&rlin"' Ncwg rr Prices Steady , On New York Stock Market By JOSEPH W. MIC1IALSKI United Press Financial Writer - - NEW YORK. 3 an. 11 U Price held steady on ; the New York stock exchang c today 1 in moderately active dealings. ' The market opened generally lower, but shortly after the end of the first hour of trading, demand de-mand came into the market for high priced issues which helped to bolster the market generally. However, despite today's display dis-play of strength in the two-hour trading session, investors elected to hold to the sidelines pending further developments in the uncertain un-certain situations overhang lng the market. Conjectures as to the content! of President Truman's coming tax message was one of the items that restricted trading. The continued work stops ge in the soft coal fields which is having it effect in the production produc-tion of steel alio depressed the market " " 'Leading the rise generally were the chemical stocks which had gains ranging to more than 2 points. Steel stocks improved email amounts. ' Auto - shares moved irregularly, J. I. Case was the bright spot in its section, moving up more than I points, favorable earnings yesterday. Sdt LalteStocft ; Exchange ." Closing; quotations front the direct wire of Ken-Lo Cor poration, 265 W, 1st N. Bid .08 1 04 .17 1.00 ; . .29 . .24 :24 . '.oatt .02 IS .08 .15 , .04 H .It jom .17. .05 .08 . 1.30 .30 . - .03 M .13 tt 1.40 .05 3.20 . .02 .16 .82. .05 Asked Big Hill .10 .05 .18 ' 1.25 40 J .25 .1 Bullion .J 1 Chief Con. ...... Clayton Silver 'Colb. Rexall .... Combined Metals : Crese. JCagle Oil East Standard . , East Utah ..J. Eureka Bullion . Eureka tilly Con. . Great Western . . Hera Silver ..... Indian- Queen Madison Mines Miller Hill ...... Mt. States Dev. ... New Park North Lilly .... No, Staodard .... sark City Con . Prince Con. .... Rico Argentine . , Royston Coal'n . Silver King Coal's Silver Shield ... .Tintic Lead ..... Tintic Standard .-West .-West Toledo SALES FOR DAY 02 .20 .10 .17 .07 JO .If .07 ' .08 tt JJ5 J X3tt M- .13 1.42 tt .OStt 3.63 .03 V .18 .85 , .05 Croff, 1000 at 4. East Crown Point, 1000 at . . East Standard, 15,000 at 2V, Great Western, 1000 at 4. ? Born Silver, 2000 at 17 Hi 500 at Indian Queen, 1000 at 1. Leonora, 2000 at 6. New Park, 100 at tUO. Park Nelson, 500 at 6. ; Park Premier. 4623 at 4. Plumbic, 100 at 10. Prince Cons., 500 at 14. -Silver Shield, 3000 at 2. Silver Standard, 3000 at I; 1000 at 2. :: ' South Iron Blossom, 1000 at 9. ' Suddance. 1000 at 15. Tintic Lead, 500 at 15; 1000 at 15. Utah Cons., 500 at 2; 1000 at 2Vi. West Toledo, 2000 tt Stt. Coal Miners In Colorado Form Independent Union CANON CITY, Colo., Jan. 11 (U.F0 A spokesman for .21 coal miners said Friday the. group had withdrawn from the United Mine Workers of America and formed a new union because of the UMW walkouts. The new union has been char tered as the Coal Miners of the Rocky Mountains, Inc and-al ready has signed a contract with the mine where all 21 of the men are employed, the spokesman said. He declined use of his name. - ' r The mine, owned by the W. D. Corley Co., - currently ' is being picketed by the "UMW. - Representatives of the new union said the Corley " company had agreed to a contract with the group, - which provides the same wage scale in effect in UMW mines. ' The organization's by - laws, however, the spokesman said, provide for a walkout "only on the vote of the full membership." ; ';.!. v.;.- ' 1 1 ... Provo Man Completes Insurance School, Kenneth L." Van Wagoner of Provo, a representative , of the Salt Lake City agency of the Mutual Life Insurance Co. of New York, completed a training school held in Salt Lake City this week, according to Carson E. Bechtel, manager. - - Mr. Bechtel explained that through meeting certain company com-pany requirements, Mr. Van Wagoner Wag-oner was Invited to attend school which was part of the three-year training course given representa-i representa-i tives of the company. ; . " : statistics show that the chances against your being an auto accident acci-dent fatality are only 3600 to eae. of Industry, Markets, HEAD LOCAL BANK Elected at a directors m eetlng this week of the First Security Bank of UUh to bead the Prove bank for 1950 were, left to right, F. V. Nichols, vice president and, manager; F, W. Canfield, assistant vice president; and H. E. Nicholson. asisUnt manager. Also elected were R. E. Allen, vice president; and R. E. Kesslcr, manager 6f Timeway department. U. S. Launches Spuds Produced WASHINGTON. Jan. 21 ,(UB For one cent the government, will sell you a brand pew burlap sack worth. 17 cents. -, There's practically not Urn it to the number you can buy hundreds, hun-dreds, , thousands, millions. r But there's eaten to u. You also have to take the 100 pounds . of potatoes in. .the bag. Commercial Bcnlr Reelects Officers At S. F. Meeting SPANISH ' FORK All - of f icers of the Commercial Bank of Utah were reelected it a directors meeting following the annual stockholders meeting this week. They include P, - P. Thomas, president: Joseph Hanson, vice president; George C. Chase, vice nMeUani Tajfaw Thnmas , atvAMlHllA vice president; Charles H. Dixon, vice president and cashier; Mark D. Bowen, assistant cashier; Roy w, Hanson, comptroller, and .Paul tt. Lambert, secretary. Business-Volume On Wool Market Reported as 'Fair' BOSTON, Jan. 21 me A fair volume of business was transacted trans-acted in greasy ' worsted wools this week in ; the ' Boston wool market. Most sales of spot wools were of foreign origin, while a smaller small-er quantity was comprised of do mestic wools. , All grades of ter ritory wools were turned in fair to good sized lots, as prices held firm. -'-:, -' M'y- i Small lots of various scoured wools, amounting to a fair volume in i the - aggregate, were sold in the local market - at firm prices. A good weight in all grades of noils was sold. , Prices above 60s remained about unchanged, but 56s and lower advanced about. 2 cents. Little business was noted this week in the western states, ex cept for a fair sized lot of Belle Fourche wool, and a fair to good quantity of 12-months wool was purchased In Texas. There was some contracting this . week on a small scale la Utah, end Nevada, By MRS. GEORGE F. WELLS .Special. Interest , group and gospel doctrine class of the Sunday Sun-day school are sponsoring a fire side chat for 7:30 p. roc. Tuesday at the ward hall. Harold J. Powell, Salt Lake City, returned missionary, will show movies concerned : with church "history which he took in the Eastern states .division. 'All adult mem bers of the MIA are invited to at tend. rv-v::: Class Leader Mrs. Alice Hard ing will give the literature lesson Tuesday at; Relief society meeting meet-ing at the home of Mrs. Edna Holdaway.- ; Orem stake Relief society work and . business group met at the home of Mrs. Maud Holdaway Thursday. A report of the week's extension work at the Utah state Agricultural college was given by Mrs. Thelma Young who rep resented the group : at the col lege. Different types of buttons were made by the ladles at the meeting and they in turn will give demonstrations in the wards of Orem stake Relief societies. Darrell , Clegg was honored guest at a social Thursday at the home of Mr. and Mrs. George F, Wells. The guest who leaves soon for the West Canadian mission was presented with gifts by the guests. Games were led by Mr. and Mrs. Dale Harding. Refreih ments were served to the 83 relatives in attendance. MUSHROOMS NOT REAL SANTA CRUZ, Cal. (U.R) The threesome told, officials they had been in the habit of . picking "mushrooms" for more than 20 years. Six days later one was dead, the other two finally re leased from a local hospital. ; FOR YOUR .VALENTINE . ' Give "i YOUR PORTRAIT LARSON STUDIO 28 North First East ' yineyard Real Estate Drive to Get Rid Under Price Suport Program They're free, but can't eat the potatoes or let anyoooy eise in this country eat them. If you do, the government wiu charge you S3 per bag. And don't try to throw them away either. If you do, the government's gov-ernment's charge .is $1 per bag. You have to export the potatoei and you can't ship them to Can ada, cuba or tne cariDpean. . Suppose you becide to send them to Europe., That's when your trouble begins. It costs about so cents per nag to ship the potatoes to port from country snipping points up m DELIVERED 5-Passr2cr Streoltor Six M, 4 ttat term. H mmy, littnst, tptiaml Itttpmtul mtf mttuotitttxu. fritn tmkitct ! wUht moth: frit it msj $4rj tm' mrrttmdimt ftmmnmiiin dm f SrtporLtin . difftrtulitiUi . TTSae ILewst; rj&ca esau pcan - for tike JBestil Let's start with the idea that you want to drive the very best car your money will buy.' Who doesn't? You want to be seen in a big, beautiful, outstanding automobile. You want to enjoy the thrill of silken-smooth, performance. .You want to know for sure that the car you're driving will give miles and miles and , miles of carefree service. - - What you want is a Pontiac! Prove it for yourself come in and we'll show you that dollar for dollar you . can't Seat a Pontiac. Bumper to bumper, inside and out, one thing is apparent no car offers you more for your monej than a new Pontiac!. Come in soon! of Surplus Maine, where most of the potatoes are stored. .Then, it costs another 81-50 to get them across the ocean. If you can find an European, buyer who 11 pay 11.81 per bag, which officials say is doubtful, you'll break even, - .; r- Hot 0 Uncle Sam. He loses $2.09 on every 100-pound bag you buy. Tne one-cent export deal art of the government's program get rid of at any cost sur plus potatoes farmers have produced pro-duced under the price support Officials doubt it wui jieip ois pose of many of tnem. i00 HERE - Cylinder Sedan Ccuce V. w NcyiIIc Named Director of Buildinirm Donald W. Neviii.-yice presi dent of F. H. McGrawand Co, and formerly of Provo, has-been elected to the board of directors of the international engineering and construction company, it was announced this week by cwrors Birixe, presiaeni. Neville, who will continue to serve as a vice president of mc draw, with offices in Chicago, Joined the company In 1835 asva weio engineer an auring tne war supervised the technical erection of phases of the Geneva Steel Co. built by McGraw. He was elected a vice president of McGraw in 1045 and v shortly afterwards moved from Provo to Chicago to head up the company's office In tt city. . , As supervisor of construction for the mtw Pacific States cast iron pipe plant here Neville has spent coniderable time in Prove during the past year. With MrsJ Nevtue and their two emiaren, he now resides in Evanston, IU. : Byron H. Nielson. also formerly of Provo and now with the McGraw Mc-Graw company in Chicago, has been elected assistant secretary of - the construction firm. n in i i Provo's Building Permits for Week Total Only $3200 Three building . permits in the total amount of $2200 were issued this week by thr office of Earl Conder, city engineer. The first permit was issued to Mr. Conder for garage Improvements Improve-ments in the amount of $200 on property at 051 N. 4th E. Other permits include: C. H Springmeyer, 152 S. 2nd E., garage, gar-age, ' $1000; Young Sign Corp., 35 W. CenUr, $2000. Mir TynDnn. cy WMEBB SAILED 'Cs OBllCrS 470 WEST FIRST NORTH 1 PROVO, UTAH, PHONE 666 BUILDING PERMITS OVER SIX STATES TOTAL $329,513,554 , ' . - SEATTLE, Jan. 21 (UJQu. A iurvey thowd today that building permit Valued at (329,513,954 wera n- issued in 95 key. cities of the six northwestern states during 1949. The" Construction News Bulletin of Seattle, that ! y made theaurvty, said this was. the third consecutive year that permits in Utah; Idaho,' Montana. Wyoming, Wwhinjrtdn and Oregon have exceeded. $325,000,000, Washington led the states with permits of more -' than.. impOO.000, followed by Oregon, $75,000,000; Utah,1 2$,000p0; Idaho, $23,000,000; Montana, t2U 000,000, and Woniing, $11,000,000. U " ! ."-.- Seattle led indmdual cities with more than $53,.' - 000,000,' Portland wasnext, followed by the unincorporated unincor-porated area Qf Kirtg countyashington, and Spokane. S SsltiLakt.'GtfwMJitteotitth with permits of. . . $1795,317.. Boise was ninth with $5,933,846. Idaho Falls ranked 11th with $5,761,475. Great Falls, Mont, ' ; was 13th with $4,819,041. . r .The bulletin's list for Utah showed that the six reporting cities issued permits exceeding those for 194? by more than $3,000,000. Salt Lake City, Osden V and'Springirflle reported substantial gains. - Logan neld - staady. ,. Provo showed a Josic to Attend Portland, Confab Of Western Auto Frank Josie, manager of West ern Auto supply co in rrovo, will attend a district merchandising merchandis-ing conference to be held by the company, ; a .division of Gamble-Skogmo. Gamble-Skogmo. Inc., at Portland, Ore, Jan, 28, 29 and 80. The company, officials said, is reviving its old 'custom of hold- in district conferences for au its branch store managers and authorized auth-orized dealers, a custom dropped during tne war. Officials, of Western Auto Sup ply and of Gamble-Skogmo will give pointers on merchandise and merchandising to . the hundreds of managers and. dealers expected to attend.. Similar conferences will be 0 . ; . a i J 'ft mm Here- tTeat-Prtced sT Cmr f flight decrease. Tri-Statc Lumber Buys Payson Firm; PAYSON Psyson , Lumber company was sold last week to Trl-SUte" Lumber Co., according to recent snnouncement The. new owners operate lum ber yards in Provo, Salt Lake City, and cities of Idaho', Wyom ing and Colorado. Paul Jf. Bifler, manager for some time, win be retained - in the 'same position. ' The business was established in 1948 by Earl Davis and J. Clark Elmer, the latter being sole own er for the past seven months. Mr Elmer is a Utah county commis sioner. ; - - held in San , Francisco and Los Angeles, company officials r ported.- ' t V Cmr srrJk nma r. thm XI. rid with . Uh Sunday, January 3, 1C!3 $9 Million In AEC Contract s Slated at Arco SALT LAKE CITY, Janll flJ.R) Leonard E. Johnston, manager of the atomic energy commission's Idaho operations, said Friday night that at least 19,000,003 worth of building contracts will be let on a competitive basis this year. Johnston sooke before 200 mem bers of the intermountain branch of the Associated Oeneral Con tractors of America ; convention here. lie told the group that eon tracts will be awarded at Arco where the AECe nuclear reactor testing station is tinder construe tion. . . v. , The AEC official Minted out that e 28 contracts Issued te date. za oc tnem nave oeen io western business. Housing in the area, he said, will e left to private ev-; terprlses. .v State Sen. Rue L. Oeg g, Bali Lake City, and J, Leonard Love. retiring manager or the Associate members committee, warned AGC members against tne advance of the federal government into building ranks. - Class said the nation is ran- Idly being divided into two groups, those wno work for the Cvernment and those who don't. ve warned members against increasing soeUltstle trends which in time would "wipe out private enterprise.". Markats At a Glanco . . r UNITED PUSS .''i; j - Stoeka steady in moderate trading- ' Bonds irregular. -Curb stocks irregular , . Midwest stocks tregular. Cotton futures higher. - ' Grains in Chicago: Wheat, rem. oats, rye and soybean futures firm. 6 ii i Beat. - Stimk 9twUmm |