OCR Text |
Show -- Yr y T V V - - , W - - , ' - . - . - , , - - BUSINESS, NEWS . - ' FINANCE , . Speaking Ot Business Banking Official D&RGW Chiefs Vote ,Stock Increase, Split - tl JAItItItD 0 ec-V- . . . , ;" ' TAppoi ntritept7Of. .Harold . - ' NEW .YORK STOCK MARKET ' 42h0. ii irs t44 J., 24.so. era- - ,AmBdPr Calves: 'Salable 25. Steady. Steele,:semor vice president in sional head standard Vealers .26,00..1AmCan -4 AmCYan 427 00. AmDist charge of the Salt Lake divi- - Hogs; Salable O. Market not fully One 1A1148, FP ,established.nominally steady. ,... skin of the First and 2 harrowS and AmM8,81 ;.1,,,,...u.s lick. 18, 25- .- No test of, the AMet !gilts Secur,ity B a n k, I AmMot market On sows. 200 Nothing on hand AmPtCh Sliable .Sheen: to the bdard of tn test the market. Late Monday: Deseret News Businesa,Editor. A Directors of DENVER &RIO ,RAILROAD CO. have voted to increase the amount of authorized common stock, split the outstanding shares on , a basis, and reinstate cortain ",,, , line's .1100,:;,7,co the Certificate of proisions :: At.,:r4:, of Incorporation. k,21, .' :, z ..,,,t,, .::,- At the Monday meeting in Den- - r,..f 40,,' ', 'i ::.4 f..::. ...,.; - - Vet', the board approved charter I 7., amendments to vcomplish the ob. f.' .,;': and these amendments will 1;:f:::?::.: , '- .- ' ,, jectives , '; ' ' '',.' 4 , be submitted to the stockholders ; 0: 1 for adoption at a speciaLmeeting : ..'43. ,, t:'''' ":!.! of shareholders to be called for ,.k,!,',i,., . it ei:y ':,:. ',',.',,;,..::4',.,...' ':., i April 8, arthe sametimethe an " ,t;s.,.:5,4,,i,.., A "41 , to, .:. nual meeting is. held. J. E. Jarrard It is expected that the addl. tional shares resulting from the ,split will be distributed - about June 1, providing the stockholders and the Interstate , Commerce Commission giVet.heir blessings. The first guar terlyividend on the split shares will bt, paid during the month of June at the rate of 25 cents per share. ,,, Gross. revenues for the period of 1958 were ' $76,935,580; a drop of 18,300,513' from the amount reported - ' for the same period of 1957. Net incom'e of $10,393,4.44 was a decrease of $2,519,327 from the,$12.912,771 recorded in 1957. The gross tor DecemberWak-.56,1810an increaseof S350,869 from the $6,129,233 reported a year ago. Net in of $1,081,696 was an increase of $170,625. , Speaking of theproposed stock split,. John Evans, chair man of the railroadi board, saidas a natural result- of having eliminated all:ofthe preferredstocifeAssuo41byits TrAlqulsitiOn 'and redemption prior trl 1955, it is proper that we go ahead and strengthen our charter and ..simplify it by eliminating therefrom all provisions which it hascon tained relating to preferred stocks. We also 'feel that it Is a.propitious time to include in our revised charter an expanded area in which-tcarry on our transportation gations in the territOry whicVwe serve, so we have pro- . Industrial Shares Rally on N.Y. Stock Markét , NORTH SALT LAKt. Jan. 27- .-- Market 25 cents higher on ' Tuesday's OisotattonsSows steadY to 25 cents ,, 1 in 1004 1Close Ciag.1Sales in 100a 1Clottel Chg. Sales in 100s IClose, Chg. 2 butchers Sales 17No '7-' l' C 1,,1i0,41i71121,21s71,7! ''I'i 11 it MA1 . 811:go 221 nal 1: 27 shares NEW on raMed YORK,' Jan. (UPDIndustrial :54. 914 1 , 26i Atilledit 8414!8 Own111G , FchldEA 484 lbs 13 Heavier weighta AILSti 28: 525a- ,- '14 2FamilsrF 5i 3212,42 Is !PacGdall the stock market 'Tuesday while other major sections held A' -dosc:)vitit,lteici:N ,s1 2i150,il.ie, 2 , :le,"Illieecdif1r ,11! .1415Y18214i; 172t Pldtrdc7 P1 tga7:!...1 ZI;;I:nnttptr I 0 - ' Within a short distance of the previous close. 18, 2814 AILhaI "ii Frestoner, 214 trade. 14,1341,4'a PrmPict :: 740S-; ''iots 14 AlumLtd 3014 15 22 25 ;281! 15 50; small rnediUM 681 21141 ,FirstAm A few issues provided the volume and a few others the lPenney 14 FlaP&L 30, 8214- !905 lb feeder seers 24.00-25.50-; me- - ALCOA 221 9114- ,- 0.4 :PennRR 4 diu nt stacker and feeder heifers 24,00, Am Al rl at FoodM 1225i- - 29 al ,". 231 44 'a ,Pepsias I. wide movement The list as a whole held in a narrow oar ,o , butchers. .,,v1 ecte E MINING 4r - HOIKS , ' - , LIVESTOCK MARKET - TUEDAY, JANUARY 27,' 1959 SALT LAKE CITY, UTAH, . , - , - - - - OIL - MARKETS INDUSTRY . ' , . , . - - - Szdtgaketrdelo2un .. By JACK .. . . . . . s, RfflitAIS BEESS 6B - I ... - - I 717.1'111r-W-- , . - ". . 0 - . . , .' 241 211- 44120, 481411- 4 1! 4014 10 18 ,,i-48 57 t 1430 ,850, 37 ..4- . la FreeptS 14!FruehTr GertAe 14 GenBk 9' 1314, - 11 Is G en-- Yn 61d4 79 651 1108 27! 16! 6114, . '2'1 231 2514,- -. 161 641,4,72'2 PlosiDds 3 17,102 1814, 104! iPhilco 2A1PhilMm , 14 phillipsP .. PittsPIG1 ..-- range price around . - the previous I.,- '.., .. 68 4914 s t. 29 792- - 114 Activities included 14 76 1Motors , Studebaker 1,8 --- 5, 34'4,-,7, 6134 v41Weibilt, Aluminhim, PRODUCE- American , ' Packard , General 201 12,1:4 1,4 Motors, and Truax Trailer, the last helped by a block of 14,- 2578.4! s 400 shares.16, '. - es t 164 2714.4- - al Bethlehem and Youngstoiin 33, 74 - la Sheet & Tube called:off their 34i 73 34 103141 14 because. they did 14,1412- ,- 14 'merger plans 42121 34 not want to go 49;41 through pro634 81 39's lon!ed litigation even though 14 101 30'41 201 21541 , they were convinced a merger 581 48141 tx: was in the public interest. 581 39144414- :- "a first reaction .501 114 Youngstown's 45 ko was a drop of ,4 points frbm 14, 15 '1'7 121 86 its high..It rallied from the low 14 119, 2114, ' 8' 11211,a, Sa 'late in the session. Bethlehem 11 50 4 held just under Monday's close. 55 67 10 67 Other steels balanced off small112 50144. - MARKET s,Prctr&G CHICAGO,Jan 27 'a GenElec 1,4 180-lb- s pgSoPw Live poultry: No trine. 77.000 lbs. . ' GenEds h 79E44 22q.pulimri over 414 lbs. ,, no Caponettes Is Is GenMot130449 !'''-- : l PureOl USDA price quotations today. other I 14, 4914! 45'1s4.,14 GenRetc 2RCA---- -25i 495 - 14 GnT8tR . AmSmelt Cheese: daisies and long, 47Single . .. . cluivalent. of o ne double trateked i n l AmStd 120 1614, Ryonler directors was horns processed loaf 45-4614, 4 !biked good with on end of choice AmStile'd ;BYthnlat se Gdgm,B 23 ' 4714 swiss grade A 7, ,2414,:. ' grade B ''.. 109-l- b antiouneed. by fli,, . woole ct slaughter laMb s 18 2 5, AniT ikT 21 vs!,4- - 14'.RepAvn ',4 , Glidden , C 4244. 45 230 14 3 49 grade 21 14 Los ANGELES. Jan. 27 t UPI, AmTob -I RepAvn 15 107 Butter: Steady. 800.000 lbs. 93 score V.4 S. : 'Goodrch 18 84a,-: 2,4 M --Li , vestock FS NS !, 573,4; 92 score 574-573,90 score 57; 74 395a, 21 12514 , 414 ReuSt1 ' f salable 550; 'slaughter Steers tmVisc Eccles, chairman 89 score' 5611; carlots; 90 score 5711; .3 7: 1514 -l' Goody,' :AmZinc 44 ..,. r'." landCattle 29 4414 - is ReynMt heifers in small suPnly. slow; Aacnd a '1101 66 2 - aa G rce WR :RscnTbB 80 score 57. 13: 9'4'4 of the '''',..,0!...,, ,GiayRob ' not enough gold to indicate price ArmeoS , banking Eggs: Easy. 17,000 cases. White and 60 , 71 14- ,- 114 IGNIT Or 1 1 29' - 6,Rchild01 ,. ),' Armour bend, cows mo d era tel y active. Bill alDt mixed large extras 3414; mediums 33: 11201 44 1G1NorRy 2714, 25, 54'a - 141 Vs tem's board. ,.."2 ,,... others, scarce; utility cows Atchisn. .1150! 2814321-steady; standards dirties checks 1- . 'I. Safeway CAW 10' 2814 is StIg 19.00-20.5f Mr. Steele sue,t,:r load lot utility to 301,1 ;:.:. 4914- !- 14 1Greyhd 43, 18is .,, is StIoLd mercial range cows held above StLSnI22 Potatoes DSfold total and 14 GruAirc 1112! 81 new) 8147 23141 ceeds Stuart F. cannersand cutters lit 00- 120.00, ..::, shipments 581: arrivals 70; Wick 281; 4140'1114 :,.. 14GullOil 32,126144 14 StRegP 19.00; scattered. odd. lot medium and Issbesw i 35 31,2 1, 2,4 demand slow; "4 moderate;, supplies 281 5151 Schenly I HercPd Silloway, who good stocker and feeder yearlings BlHm market dull. 571 1414 - 44 Hiltontit 141 3214: - a s !SearsR 24.00-26.0' Track sales (100 lbs US IA unless resigned ' a I t e r AV. Steele 1118 45 H o f171 ec 41' 18 ' 1 1SharonS Calves salable 10; SUPP1Y too small Balt8,0 statecto Idaho Russets 340: otherwise ck a tt 14 141' Sh '" 4: 5414 Bathtr 81 Holland? 13141, moving- from. Utah to New for market test; nominal... bakers 3.90: Montana Russet, bakers 4714 - is:ShellOil York City; 3.90; Minnesota-NortDakota Red 52is 22ss,ShellTr '' f . River Valley Pontiacs , , Shelh-M44 7! . j Be,nclaAv 69 4, r. 341,4, HsIdFn near .0d mbced No ent i n teeie is Street sales: Idaho Russets 3.75- steady; grade 114, 14 SiMnl ,t) 15a: promin 411 14 '.'4- 1Benguet ,HoweSd 4"-4- 5 lb 13.2 4.00: bakers 4:254.75; Colorado Red' Civic and' - a141 Smelt) Minnesota-North McClures Skelly He headed Salt Lake City's Dakota Red River Valley Pontiacs 39! 53 ;4 14 SoconM riBethSti '245, 53s4 - 1, mud -2.50-2.9Burbank Russet Wisconsin 201 lillwKnic 141SoCalEd ..191213141,4 ''1ndRayn 198 U nited Fund , and was a l OVER THE COUNTER 2.15-2.2g:3,Cinesrraonddelospsasces.0,.m i,,,,41 .Se-.3660,41.4 Red ov.e.(i 111; 2.504,00: Sebagos 11501 - 6:g IntandSt i 2610,1i42';.- -. :5. SouthnC I Boeing !, . bagos 2.25: Chippewas 2.75. Borden' r al - 14,!SouthPa member of the ,briginal Ue. , ,Intlakel 0 1,...d.,,os Quotations Oniony Supplies moderate demand i 16C 58 firm 1,4' IntBusM ruled 30, 39.4 other 58 5114,a- - 1 iSouthli and coppers BorgWrnal 12, board of directors and has slow: marketAull.--- . industrials and Utilities 2 2 ,52.,s , 'a IntHarV BrutisB1 - 341 on a rise in i 1119, 397ic- -, va,Sperryli in Track saleat None reported copper 141 18, piices 65 29,'4 i.. ,is!IntNilèlc,. 461 Ws 13a,SIBrand I i Bid Asked 133uucyEr served in that capacity- ever treet sales: Colorado fellow Span':,451 76! 60si'- - 68 l'119,.::,,,,,:StOtICal Intl'aper, J 14 : ish Idaho YellowSpanish In since. lie has 414Invest871 "StOillnd ;10 4834 Relgtn 10; 498 4 the Magna 3.75-3.8White Globe mediuMs 4.50: Anaconda a in of strike fears 56 613, SiOtINJ i2871 5r0,, 2, 2.90- rluurteatps 2:: 4:14,:: 4134, IspitjszT - -- r . mr-Midwest Yellow Globe mediums boards Or as executive officer ILRgarlaminartsu;I:ii---41.4-- ---, 131 62-2 1 3.15. DI Chile. .- ',41 mines 534 - L 4 'J01'0)51411- 431 An3! 4, 14, d0 p 1 d 9.874 10.3vi Ca iPkg 2, of many other such organiza- ;102,2 -' 42 J on e s& I., Callahan 294T 7 881 38.124421- 39 50 - ',a, Arizona PublieSve4! 59.21 . '44 Jo Mfg 3 82.2 Calumet 10, 1834 tions. 3 12441 413onanza Air Lulea 7, 52 i. 1,,, StudeP ,5241 15.'21 ' 20, 2178 A4'KaiserAI 3 59 39 4032 - 3,2 Sun0a 1 3i. 611I-4121 Bonneville CanDry Limited - 3 00 STOCK-MARKETLAKE-SALT- lie has been WithFirst Secu- - Independent CA-.93-!':75 i 21 83,4 - 'lit KanCtyS. CanPac 33, 31 20' 29 . . .4; Sunray . . 358 2572 ft' 43 - l'a . Intermountain Gas C, 71 3714 1'4 Kelse1-125 . SunshM '1 171 81,21 nty 'since 1911. ' iCase..11 25 87 .44 .1,d , 45.50 35 10474 Intermtn Gas Nts '62 4 Kennett Tuesday's Quotations '4' 3, 37.4.4. swilt&C dr I 42 27.4: 14 91 on34' 87 00 !Celanese ; 54..iKernCty . Bid I Asked' Bid Asked I Bld I Asked TYe,ivncp 5711 14, 38.4 --; 121 KerMeG 58 3. Celotex 28, 3, I . followinz directors: vv. w An. fraLlittetrmtrur18,plailtli ; as .. . a BannerM 12.75 . PlUtUR .05 .0412, rMorrisoti-Knuaso.3 .1(1'.I. .22 3.974,-113,37EurekM 38.121.3, -Chancel 20 12, Kresge1,4 52! 86,4 3 : 2 1enn derson , H. A . Benni ng, Maui. Mountain Fuei SW), 28 00 29 25 Certaint 1225' .0.812 .21 -- 051.1 .25 PrineeC EurekStd .05 .04 2 .,r2 15.. 4. 1.4s ;rosesco '8 Tes.G1,113 i22130 2334,4 - 11 4 Bognanz0 .043.4 031.1 ,041. ProspOil .04121 Chs&Oh ner A. Browning. Val A. Northwet NatGa 19 .50 .411 '3?;18:-18.50 28, 704 312121 3 5(1 .03 tI.'41,TeexxZistitrit- 19 ..03',2 Riro-ArGrBepos I.: 2r811 911 2244', :',. Brimstb,, 21 50 27744, ',4 Lehman '44; Bro-wniC:11,0nin .0312 : .04 (09 .03141 GtWestn RoysfonC ..015 1: L. T.' Dee,. S. S. Salt yLeaasrwldngajeo .04 Bullion : a' 'Textron 241 20,4- 113! LIC31!TCTIA 3,1 (10Va 14 ' '1:4).'' 1 ..0"64'1:'.: :2035 Strevell-PatersoiillxVKS SS ' 02 1 dC BulliM :2 HernmStini eP : :12" l Eccles: Willard L. Eccles. W. Utah I 91,4 f noi.,220,i him? 145 Cardf 1I, Chatvio: yueci ,4 o t 1 .60 s 0 2 CentStd . 40 1121 18 3' 118l all 17. 25 25 2 ,Littonin Scow vitro Corporation 3312,,76,4, , : n1 . . TicIWA -- .. . 24, Ref-- : '2.883,4 2.93.ki 114 111 49 MS 65 d'np' f .08 .01 1'4 Leon or ' .011121 SlronB1 70 croft, all of OgdenflIAlpO J. 3z1t7grn States 44' 203'4- '- ,' . TimkRB 12 s 41 oo 1Loews 3s.00 28! 2930----4- 4 : 25 Trnsam .01 .24 :21LttleM .001 ChConW Cities IL .4 3. 3.25 2,75 224- - 183. Comstock, J..LDrisco11,L ILI National Beverage .003,4-Mai011 Ma'', Sunda-nee .20, continuationofa greattransportation ,- ,s 't CitySt ....)(4761 5'4--1TriCont r 271 40'.1-- - 3. ColoCon ,1 .,4A .7 . 024 .03 .1 ruammtn Bank and Insurance . Clark 23 86' - 1 i2'1.,otlazNs 14, 01 Simplot, all of Boise; Louis 3 rEllgc which should be able to grow in the future:" 11961'24341 TruaxT 1.75 I MillerH l .023,, .07 CoraC CombMet ,06 14 73'14:4- ii. it 12,LukensSt 5:023isl .0034 ,471 391227.00 Bank 2 29,00 ,20thCnF .0MonKear .07 ComCoal 181 8914- ,- 1121MaekTr .06 . He added that the move is to make it possible for the Buchman, George S. Eccles, Continental 24! 32'4 Colgate 421-2,'12 ,.i 51.00 First Security Corp, .03141 53.(0 C oloFSLI 15: ,i151,2 cmwiLd ' .01314 401S ' 08' TintirCnt.1 .85 1, .90 2r 150.00 .n1 MtStDr141 ;LICarbde 2911251,2 . 414105 company to take advantages of opportunities if the occa sio n I Marriner S. Eccles, S,' P. Har- Surety Life Insur i130.00 191 .,62;,4. 39121 --, Com4trk '. .0434!- - .05 50.25 1.1110i1Cal 1111 4734 52.25 Ni Valley 1A:1MagrnaCr iPhoenix) 'it .0212 MtnView ., 4 D. D. 88 ColGas 12314ter, 261A912I... . : shouldarise to expandtheatth,ities ofthezaHroa d yoffat, W4'. Night Va1ley---St11 IS Tint1 t 160 'IsT.15 Natldriv 61735'11 Comerd Ils unPae 59' 3314', 02,4, .03 26, 56141 12; MartinC First National 53.50-- 1 55.50 .02' 1.70 .1.75 CresEaG ..021,2 24 163,4, ingale, Fred E. Smith, all of Zions 111 .0512 NewPk do old 211 Val' ComSol .05' ' McIntyre ' 11 9512- :- 1 s Utah 25.00 Home Fire 23.00 Ins 031' C 8.75 7.25 19, NewQey CmwEdf 12154eKs&R 4: 391 5714,i- Salt Lake-Cit- y; Pratt Tt. ThomlUntatilt-- .65 .72 12, 1.15 1.11taWy0 Northl.,11 . 80 1.10 - 1,2 Dragon 261 60 I 1914- ,- 12 ,MerC&S , 45! 20,,,1: ConCop Oil maw: NorthStd 00121 .01 .021,2 .0312 , VietorC 4:,3 .07112 as of -3. 36"2 ,I.InitAirL12281 ECrPoint - ConEdiss 44; 67344. 1,2,MiamiC 141 3812- 1Spanish Fork; H. M. , .02 .03 .013,41 1'4 .09 .09 ..,' ParkBing WesAlloyo-1 I; .0212 EastStd Va è3, 4! 291,21 141 29121 Le MirilinY.; Cntainr 19 11412 - 112 1UnitBisc Emerson of Lewiston, Idaho; Ashley C. Cole, vice president, to suc.. Appointment, of Richard 421 814- - 38. EaTstUtaioClo :0121 Aztec 4! 49'2,-1- :n102 :006131'24 ConBak 2( .r3,5 WWTilboelerdt..01161,,.,2 pPkkKCiot,oCt .1,1121 23 1192... 14 ,UnitCp .530i .1002 I . 31 h ContMot .141 11,41 la ceed William B. Hill as president of 2$11.InE1C1 31 38'e Robert H. Hinckley of New Equity Oil 4, 3312'-1-,- , MinP-- L URANIUM 4- -.16 -ContOn---361-642sni:---1-04PkNelso .18121 Williston 1 .13 EmpMln English Oil. n. . .11, MissionC 141; 433. '4-- 1: rUtC1Frfli .03 .02 YankeeC PkPremr .08 .05 AO CO., a division of Vitro Corp. of America, has been-.09 Petroleum 40 .03.0314! Tork; Allen D. Christensen of Justheim illtdGasC 26 40 3s - . EurekaB CooprB .02144'i .1 148 4112 Mnsanto Zu4rta , .04 .041. Piutel.lra .0912 EurekLil .101. Northwest 3.3712 Prodetn 3137'i :1.1tdPCM CornPrd 4. 3'2 55 2! 141 15,1 2' 68 MontPw 3.i2 flounced.- Mr. Hall has been pro. San Francisco; E. Arthur r''.z, 1 Oil . 9334 CraneCo 1.98., Incorporated 3614- 1- 15s ,MontWd 1 6, 34's -- T4 ' 41US&FS 4112 02 ,. 2 ::,.. .1 551 ...- Securities ' SALES . 251 57 , CrownZ I rnoted to vice president of Vitro Stoddard of Omahaand G. B. 10403424 3 . 2834'; 14 IllSGyps Murray .37 32 Production I :il ::A::":' CrueSti 3F1 l'457' oon at 2tic. IUSIndus 30tsi- - Vs-- iNatAvia i 114t1 T 9' Silver Shield, 1.000 tit 21in 2,000 28.4 ,' Bana, in ' 2.12'-a.2.50 381 Quinta Corporation:I Corp., charge of .'chemleal and Aydelott of Denver. '4- Cudahy 261 200 So 61.50. at 48.4 Cafelitl, at 21,2e. !USPlyw I 00 .75 Seneca Oil 521 271,31 14 CurtisW :::::' 14r. 26! 49 i.s- -- 1. ...4 Central ,Sel., 3.000 . 300 in New at 741 Con 200 USRr at 72 Swansea NatCshR . 3, metallurgical 2. 871.e, operaticins Oil 75 2 Texota .2 50 14 68 - 214 Natc L Cutlfl 24! a i Chief Con.. 500 at 6714 c. USSmelt ' 6! 35'14- 1- 3 9 29s4 70r. 100 at '67. 5:137tis Three States,Nat Gs 6.37 ti D ecraR ,'' York: 18141 174 .LISSteel . ' 52 214; 9814 2.3 ;48 'o4'atDatry Tar Baby. 1,000 at $1.75 Clayton, 10,000 at 22c, 500,at 21c ::..',iNirlat 13.50 Utah Southern Oil 14.50 521 54 - i4' Deere l''' ' 9.000 Trans-Unton- , 6 at 152121 5r. do 13,000;" Commonwealth, 2.000 at 5r. 4.400 at ,1 y pfd 54 3014- '- 14 Western Natural Gas 22.75 231171i Delrl Mr.. Cole is a graduate of the 1 141'30 ' 2 at Sc. 12.000 at Sc. 2n.ono at Sc. 7: 3614 - : V II ta hP - L Sc. 1,000 at Sc , 5.000 at Sc . .2.000 at 9 62 NatGyps 213' 12 DIL.r&W " A,t , University of Washington with a , Mining' 1,000, al 34c, 306 at 15 113 - 1: Vnachu m 21:4. 3014 . A1: Cons.1000Eureka. , DitERG a 'N a tLead 60 62'l it- ,'", ';: at 33c. 0 i West Toledo. 5.000 at 10c, 2,000 a a 314 49, ,. lAgreen 80 in s DetEc 36 4414 3, 14, hs I 20 1.363.4 degree Federal LTranium metallurgical engineer, East Standard, 7,onn at 5'2r. 5,000 at 10c, , , 41 1714' ' '' 4 W a '''' th 28; 1321 :!.,- ::,,, ,, NehiCp so t 191,41- DomeM Four Cornera Uran 2 00 2.35 .',' ing. He was with the AAIERICAN at 512c.- 6: 26,4 Warners ,4 13 103 .NewmtM 1212 20' 58 3 '''' Lisbon Uranium 2.75 DougAc :'0,0,,,:,,U tah' 1.Ô 12c3,s 1,4 Ea" '' 12' ' 31 WstAirL ' I 14 2414 '. ' SMELTING AND REFINING CO; Lucky Mc 5.621it , : !.F. 1,:e. NI'AirB r 174 14 - 34 I ziwev.6s1 LIIIY, ' 10c,1,000. , ,t4..'4-914 2712,4 I ill.Y.Cent 1.20 -Radorock -b- efore-joining . MARKETS IN BRIEF at . Vitro f 251 3314' !!, 11,2 NYC-SRare Metals ItVestnUn 11411 33! 14.212 4.1212 4.6212 DuPont Gold 5.000 chain. at, Vic. 76r 3214- 1- 1,4 1.;, 34! 26sil.t. Standard Uranium DuoLt 1.50 131.44 I,. iNiagMoP I 461-4. Majestic Oil. 1,000 at 3c. By Caned Press Interntional plant manager in Salt Lake City. 7! 894,2- '- 11.2 !WstingEl :1361 7312,4- - 114 781 3912- 1United Western vs!NortkIN 28712 3.3712 EastAirl Moscow, 2,000 at 114c. 3.000 at lc. Mr. Colo a. 211 5714' . Stocks irregular in moderately ac,-- He was named assistant general White Canyon Min Eastman trioAmAy I 481 4114'4- - ,,,,, !WheelSt1 2114112I its 300 at $I 10 , 1 0 0 a t 21 15 Lily, North liOzs!-- 36! 14 14! 'WhrlpiC 24' NoPacif EatonMf 63 tive trading. Park Bingham. 2.00'0 at 114c. .1 Woolwth 31 54 3,4 - 1. Manager of Vitro Uranium .. in 1955, and vice president in 1937. 4! 3714- )- 14 Northrop 83! 33121 ElAutol., Utah Itrurance Commission. Bonds Irregular. Park Konold . 1 641 3714- - v NthwAir! 48' 325, - 3.1, !Wrtfigtn EPasNG -- 9! 75 , Nelson: ay 16c. 3,000-at Park at 2,000 144 Hulbert-Monder Carl A. 12 49 EmrsnE 12' .,65 OhinEd 112' , alee''' '' '''71- 1- 76 16c, 2,000 at 16c, 2.00Clat 1512c, 3,000 ' D.S. government . bnnds firm In . of Robert G. took action NEW CADDY MANAGER:-Appointm- ent I 34! 4214,4, 14 66126. ErieRR lis Ohio01.1 12144 ;$!YgstS&T "moderately active trading. at Ific, 3,000 at 1612c. along three lines EvansP .134 257i14 IN OlinMth 21' 78 l' n t, Monday's Quotatiolts 68! 4512'4- - vs 'Zenith Park Premier. 5.000 t 3 American stocks lower. Lowry as district sales manager, .. to insure financial responsibili- - ; i Oil. at moo at 2,000 412c, Bid Asked Cotton futures irrregutar, Total N.Y. stock sales Tuesday, 3,480,000 shares; 1959 to date, 71.993Prosper Salt Lake district Cadillac Motor 412c, 5,00(tat 412c. ty of insurers not registered to Wheat was ,in '8 to off L'4; coin ' ' 41 1 $ 7.92 $ 7.32 :.;:',:.1 Car Division, GENERAL MOTORS Royston Coarn, 5.000 Rt 7e, 9.000 off 5.; new , to oats do business in Utah, but never- - AffiliatexIs,,, 4 35 A 65 at 6e. at 1,000 61,2c. off 14 to 5.; rye no 14 to Ott I 1 -A7announced. '5.58 . 6.10 f,,.,..'..4 theTess Writing policies here.. Atomic Dev ,,it 300 at 6c. 5,000 at 7c. 271000 at '7c, soybeans no ss to 2i; and lard 13; '', tin1?.. 1 18.07 Boston Fund 4f,,,A..;,.:,, 19.54 13,000 at Sc. Mr. Lowry has been in retail :.1::::4 change to off 5 points. Mr. Hulbert said certain sur- - Broad Street '...:.' ''.' Inv 25 77 27.86 IrvT k'; Tan idry's Quotation. 14 88 Gen Ed 1954 16.09 automobile selling for the past 20 ': .i:'::V,:: i ' .;.'s.:'','" , i phis line companies writing Can '.,,.:4, Canadian Fund Inc 18.83 20.37 Sales 100s IClosel Ch. Sales 100s IClosel Chg. Sales lare,,:iclosei Chit i exceptional risk or specialty Can Intl Growth years. He will move to Salt Lake .:,:':::,..,;:N 8 61 ' 9.42 I 34 7: I 8'8 Altiede 15: 34 !,- - 34I1uLabA Chemical Fund 21.61 45, 19 Oft insurance (including Lloyd's ComwIth City from Oklahoma City where he '.,:,,-:,7 i IMskignP N AmLaun f1 15f 4 ; EdoCorp Invest 9 82 10.67 If-was a zone manager for Cadillac. l!':,', 1,8 27! 35 I, of London) commonly are not Diversified Invest 27, 13,4- 1- '8 AmPet,I -- i 19 101,., Elad&S 10.18 9 29. 48! 338- 1,8 432! 15! AtlasC FoultyC 3.06 O'oklepC 1150, 72 Shares 336 Be attended the University of Notre registered to do business in Dividend lit t EurekC 35' 17'8 - Is 4n! 516t 4, 3'4, PacPe BaldSec. 12.65 .13.75 Dreyfus . Fluid 16' ,,i,,,, 3arium ,.41, 92: '4 Fargo011 Utah. 48; ; Eaton A, How Bal Dame. and Kearney Normal College 23 62 25.26 11 21.8 16: 48' 45 I:I PantnOil Is RAmOil '21FelrntPe 7'4 cio Stock '23 84 49 25 In Kearney, NO. LiiS yite and three ;I:18 FrtkStrl 8 36' 11'8, 1112 Nevertheless, these compa- Electronics Invest , 6.69 HritPe PresED , 22' 7 31 12 - ',4 ElyTmr 40' 14,2, 3' 78 - 'a BunkHil i 4'-''iiil, Shattck nies write in the neighborhood Fidelity Fund 16 01 I 7.31 "",, .Mr. Lowry children 'will move here with him. 10: 3 220 77i1- ,48, FordCA BurFlisc 350 116 4 ShrWms 4 21 Ind Fund 481 1'4 GlinAld of $I million worth of insur- - Filet 9' 22 liir 103.i'.- - Li Sonoton CalEIP 28, 1038 . Founders Mil 10.91 10,04 - 8i 103,4 ' 8' 43-6' ..8 CalCOG. 24'8 HeciaM StdShar '8 't ance annually Within the state, Fundamental Inv 18.51 20.28 n4r 50f 87 - 1'2 TechniCo 101 7- - "8 CanMar' HumDI' Down 14 99 Gas Ind Fund 16.38 18 18 4(138 34 41611mpOt1 35' 2938' ChConM 15' TrtCntAr he said. Corn stock Fund 14.81 13.53 -- 1338-18 I -18 7, 24 6 1.1SFoilB .1 24: 43,4 Kai sind ClaryCp Hamilton 5 00 WC Net income for The 1958 year for KENNECOTT COP346 Tax raid 221 80''8!- - 1 13: 5338- ,- 158; litIdS8r 5: i CreoleP 7, 4 96 do 111 21 1Mesabilr 3 WINS8Kn 17, '112! 41i1 4534 4 DayMme Ps PER CO4P..were down considerably from the 1957 year, ' ' Income. 10 48 959 1 142 Theoretically the three per Incorp 9 99 do Invs .924 preliminary figures showed Tuesday. Net for 1958 was cent premium tax due the state Instit Found Fd - 11 24 12.30 Total,,American stock sales Tuesday. 1490,000 shares: 1959 to date, 365112,75& do Growth rd. $59,386,000, as comparedmqvith $79.251667 for 1957. Income is paid through the Surplus 11.22 12.27 7 65 do Income Fd 899 per share in 1958 was $5.37 and $7.17 in 1957. The amount ,Lines Assn'., but no action pre- Keystone C 24.09 2515 : 24 98 22 89 distributed to stockholders in 1958 was $5 a share,. as viously had been taken by the do do 17.86 16.37 in sales in Total of the state against $6 to tnsure financial recopper year. 10.46 do 11.41 previos Tuesday'a Quotations 10 48 do 9.60 1958 were 543,815 ton k as Neompared with 552,941 tons in sponsibility of these insurers. do 13 62 14.87 Sales S1,0001 'Close! ChLISales $1,000s IC1nse Cbci Sales $1000s 1Closer Cbg 1957. Net income for the fourthnuarter was $1.96 a shale Two such surplus lines com18 72 do 2042,,, 151 93 13.73 Al ItedC - 3.4 CMSP 12 58 do '. 15! 67 do414 on 11,053,051 shares. Fourth qualte,r net after ta' es was . panies General Insurance Co. 31 9214.-- 1 411 71 - 1 11 ev4',i29; 7512 do414 ABTT3l44' 14.45 15.77 rt.ISFIElifitine.21000,C!eP. - 34, NYNHH. 611 75 171 311,4 of Texas, writing automobile 28 92 , do334 11 74 l's 1'2.1Cb&NW 12 81 do I' S4 $21,615,717. 15 94 - - 341 CitiesSv 17; 82 - 141PhillosP 1261119,4- 1- 34 AT&SP of Can 12,85 13 90 insurance, a n d International Keystone t 18 178 38L04, 1 SincOcv 77 117 lta 6.64 7.29 KnIckerbocker Fd ,InowCh f The customer's .interest must CQMC first. 171 771,4 " - '314 SPac4'1 211 92341' 2010A 62; 58 li, Frie412 - 7 253li fund 1806V. .UAL, EARNINGS highest leventies and net Guaranty and Insuranre Co'. of tazaid - 1; 78 -. 14 GenMot 6 9414 15, 90"..- ;- 341 34 Mass Invest Tr do4,4 13.40 .0r4,4 14.58 1481 63 - 1 ',2 WhStlev 43 114 1,- 1, 25, 9134' 'S.', MoPae4 CanPab earnings in the history of UNITED AIR LINE were re- Tangier. Morocco, do Growth Stock 13 10 14.29 'We make no service charges of any kitid.. Nation-Wide Sec ' 22 35 ' went bankrupt. relimi20 66 ported Tuesday by W. A. Patterson, president, in - 4530 Total N.Y. bond N Sec Div Stk Sr Tuesday, 87,060.000; 1959 to . 4.70 insured ea 1959 Amyl-leato Net of Total bond sales TuesdaY unaudited 9130.000; 195g operations. date, 83.172.000, 7 04 ings., do Income 6.44 summary We charge only ,thq standard commissions of the riary 8 9 Stock 9 80 of $13,751,802 and gain of 8548,10 on aircraft sales after. deposits of Utah Savings & do ' 7 43 8 12 New York Stock Exchange, or those of any other do Growth . taxes produced a toTal of for the year. This is" ,Loan Co. of Provo, which now One Williams Street 13 10 14.16 DOW-JONE- S 8.32 Puritan Fund exchange on which an order is executed. equivalent to $4.05 a share. Earnings per share .in 1957 has to obtain insurance else- putnam George Fd 13 86 15.07 ' Averages Monday's where. , 16 3i 13.04 do Growth Fd after taxes was $2.38 per share., Our 'account executives are c.ampensated on a salary Furnished by J. A. Horde & Co. 14 07 15.34 New Requirements Member of the New - York Stock Exchange 13 02 United Accum 11.98 and bonus basis rather than- commission.--- , Mr. liabe,rt's order requires: 8 65 do Continental. 794 Rails larIT Velurns'Andes. , 11 a m. Income Fund' 11.03 11.99 Number securities 'traded, 860,000 597 01 165 43 1,264 I. insurer not licensed do 12 49 13.65 Noon S95 87 164 99 134000 do Science Fund 419 Advances and-s- m afl We are prepared to Total assets of Utah s 50 ,state and national banks to do 'business lsçutah 1 p in. is re- - Value Line- Inc Fd 6 48 5 93 615 Declines- 598 40 -- 165 05 2,270,000 21" 15.27-7 59593' 230165 14.01 2.730,000 'Fund. WellingtonUnchanged encl.,. at totaled to file a fina aIstateS994,323,798.88 We welcome their requests or opinion or advice, , year t compared quired NPW highs 3 P yr. 130 3.250,000 1 from the office-o- f ment whit the State Ittsurance Total 1980.000 592.37 184 07 799,121.18 at the end of. 1957.a-reporNew lows and we offer the help of our Research Department. -CifIlle ("hr. Low Volume Rich Cif;immissionerit-will-bessOel Seth.H. Young. Utah state bank commissioner, shows.--The4- 3 70-Ind. 86 370400 599 77 591 11 - 592 37 ,nit without cost. -stale banks showe'd$516;719,349.10, and lite seven:11a. responsibility of the surphir 10 1.59 89,100 165 99 163,69 16407 Rails high grade rails 85 21 91 66 - ,33 10 2nd grade rails 1110s. 92 43 .91.3.3 84.29 -- .04 46.200 line broker placing coverage tonal banks, W7,604499.48; according to the report. ana managers are available tor consulta- --1.34 officers 10 .07 20828 205.78 R5.26 Our public utilities Comp. 405.190 208.67 ' 145 97 - .25 10 induRtrials areoilic to make mire that such a state89 87 4.02 CommoditY iutures index ,' 44 '' r 171 ', : ,, ' l52 a!' 0, Marriner ;171 31; 3r serC , r - 1l1 WI 4 ' FCHarriWletcher LondonThviatterrnlected ,' : a,a' C0 - Heads Vitro Uranium 15 ' I0 v cII - 16 43 Item 164,12 f ' 1 '1 I.1 o' - Utah Orders Tighter Rules 4P., 31. , 14 r 3. iWa 4 For Insureis 4,11. 494 ,14c. ,...,i.; ( - - 7 MERICAN STOCK EXCHANGE'- Li a ,s,I,..: f ).. ,' 1 Kennecott Earnings 57 Raurci :' NEW YORK BOND MARKET INMESTO N tillThe re cently AVERAGES Utah Bank Assets Eatt - ' - Grain Mart Prices To Steady - .tion with all customers. ment is filed -any company CHICA.NNGO, am 27 (UPI for which he writes a polity. Weak '' METAL MARKET CASH GRAN to steady ranies continued to mark 2. Each such insurer, must prices Tuesday a,..the Meat Board CHICAGO, Jan. 27 (UPI , NEW It6SK, Jan. 27 (UPIiMetal , have on deposit with the Utah 'The 2 red No. Wheat: unchanged; ' prices: 2 004 nominal. Insurance Department or with Wheat:prices: March 1904. May to l'a cent lower: Cord: Aluminum, primary. 99 per- OM unchanged 195. off lt; July, 183 l,li. 1.18124-.19; No. 2 hanged; No. 3 yelof Insurance yellow the Department 30 lh ingots 29.90c lb. Sent..1851,4,,unchanged; Not 4 yellow Ill - plus.' pure, low Antimony, domestic. 9911 per cent of a,ny other state in DecNr, 1.19L2; No. 5 yellqw ttnchanged 1141,1. Corn: March. off fob. Laredo, Texas., bulk 29c unchanged td lit cent lo,keri' Pure, acceptable securities val. March 1145a. off 14; May 1153, nib ,i3.Oats: 1 extra heavy white off 1;4;Sent. 11,4'1. ued ,at not less than $400,000 .14: 3sJuly 116,4, extra heavy white 6814: sample 'Conner electrolytic. delivered U S: off white tuft 62. ,sample 29 00e lb.; NeW York refinery 29.9212c 871'4 off a: Mat g5li. tls.xt,4 for the protection of policy lb.; lake 29 00c lb.; export I a a. U extra heavy white off xi.: July 617. off- 14; Sept. 023s, holders. ports nominal.; ' sample littarie heavy mixed 6sVia. off- - la. . New Thiokol Quarters Fluorspar, 70 per cent pure. fob Rye: un anted; - No. 2 plump 3. The State Insurance be off ''''4: MaY Rye: March Kkntucky-Illlnols- , short ton. 146 nominal. 77 11:12la. off is: July 12134. off '3 Lead. N.Y... 12.00c lb.; be of accelerate in possession Sept 122'a. off 'a Barley: maltio nominal; St. Louts common. ,BecauK partment must employment at the Utah 11.80c lb. feed A.: March off 219.A., nomtqal. Soybeans: of a- certified copy of the May 22034. off sign.' THIOKOL CHEMICAL CORP., at Brigham City. emManganese, 99.9 yel-'2 Del,. cent pure. 1 1; July 220la. of lowSoybeans; unchanaectit:No. to 20 tons. 2 21)tst ib.. 210. off La: 3s; Sent ployes moved into the recently renovated Kerschbaum Bldg. trust- agreement attesting the unchanged. , Nickel. electrolytic --rathrides, f.o.b. amount of this trust fund and Pnrt Colborne.- - Ont.. 74c lb. in Brigham over .the weekend. J. E. Pieter, &rector of .Plotinurm soft. 99 5 fine, oz. BANK. CLEARINGS be , said Tuesday. The building contains 10.500' the means by which MARKET WOOL Quicksilver, flask. . Jan. 7 Monday, N.Y. prompt delivery 99.75c lb. Tin. drawn feet Ilia of afid upon. be the fifth square building NEW YORk. Jan. 27 flIPI)Wool Elapk Debits floorpspaee $23,372.549 ($0 ,,Tunitsten' powder. 98.9 per cent 27.108.722.00 top futures on the New York Cotton Same da last year Occupied by the Company in Brigham City. Just a week ago. minknium pure. 82.80'lb nom. 'Tuesday's elearMsts Farhana Tuesday 16.786.01903 opened unchanged western. N.Y. 12.00c Thiokol employes from the quality control department to 10 Points lower. Same dar last Year Zitte,ii,i,,rime 19.12R.305 23 11.50c lb.' GRAIN FUTURES ioWrw. March moved into the Winzeler Bldg., in Tremontorr. prier , 142 5 bid; NI,IY 1.41 0 bid; July 146 0 CHICAGO. Jan 27 (UPI, :, .. STATEMENT 0 0 146 146 OF DfC. CONDITION Oct lnd. bad; bid:1 Close Low High FULLER MEETINGA sales meeting and clinic for all salesMen and divisional managers of W. P. FULLER CO. will be ltold at the Hotel Utah Feb. 2,3 and 1. Pith! B. Loynd, intermountain regional manager; says. Fred Cvar, sales manager, says three top officials of the firm will be here lo,r the conference.. They include W. P. Fuller. Brawner, president; IN'. P. Fidler HI,, vic'e' President of marketing, and H. S. 3Iargetts, vice president in charge of sales and opetations; If - (,,,,,a.c. 1.1612-1.201- , No offiCer or triproyee is. permitted to gain personal benefit from advance know ledge of any information that we publish about securities. . . . Before we sell a security owned by the firm, we disclose.to the buyer that we are acting as a principal and not as a broker or agmt. 120-1-3- 1.00-1.1- 1 c Nov.--207- ka. , 552-95- Whenever we have a public offering of securities, no officer or employee can buy until customers' orders are filled. $218-922- - -- To assure 'financial soundness, our capital will always exceed any requirements imposed on the firm. i -- Open , March (1960) 146 5 bid; May 146 Wheat 51 March $I 911.4 Si 9Va Si 97.'s $I 98'4 bid pESERET FEDERAL-SAVING- S futures opened 141. higher to 195.4 I 943t4 195,4 2 195 May 2 bid; Mav 110 March lower; 1 1.84 points 1.8334 84ta 182's July 11211 bid: Jul, 113 !) tra4ed; Oct 1 85's 186 1843. 1 8R Sept. Dec. 114 1 bid, March Dec. sALT lAkg city, UTAH 1.89.s 190.4 1.89's 1.90V2 113 5 bid. (1960i 114.1 bid; May 114 1 bid. . Corn- --I After the dose of business December 31, March 1.143a 1141's 11434 1.14LII New Corn A4SET March 11414 1141:4 1143s 1.14.4 1.1534-153,4 First Mortgage Loans and Other First Liens on Ravi Estate 116 May) . 11R 1.1534 1.16',4 1.161i 1 Loans on Savings Accounts July 1.14's 1,14's 4.14's 1,1434 Sept Other Loans ' Off For Meetings offor Several 1.7tahns will be already have, left for company meetings ip various parts of the country. H. F. Yeager, 2738 Canyon View Dr., and N. C. Wattc. 1060 Colo.r.rado St., are in Chicago for a national meet of the autoA. Fehr. CO.. , motive division, SHERWIN-WILLIANIson, 353 W. 2nd South, is in Los Angeles for a meeting of the 11.7. FRENCH division of ATLANTIS SALES CORP, Oats '11.7' 87 March 81'1 : F. B. Creer of UTAH-IDAH0'2 - .65.14 SCHOOL SUPPLY CO. May --;..:6514 .62 ,A2 .6134, .82.8 Attended a Palm Springs, Calif., meeting of American Seat.. July, .62 .62. 4 r, .6214 D. J., 3165 S.. 'Sept. big Co., of Grand Rapids, Mich. 351,, 3634 135.4 It1arett,(0 31334 State, will attend the annual convettion of the MORILE. 321,2 313., May 432.g 131'4, I 21.2 HOME DEALERS NATIONAL ,ASSN. in Louisville,. Icy., . July 122 22.. 1 21 I 223s 2.2314 1 2231 1.232 " : ' ,tept, !Feb. 2 and 3: , .Sombeanx CAI8...911 1 Monthly Rates . 7- 2 2 May July S,Ilt . 1 may Jyke.--,,..s t 20'. 20'. 2 20 2 21 ''1, 2 203. .2 2 193. 2 20.1. .2 20 2 1(114 104.' 2 09 ' 2 07'4 2 07 2.07 Nnv: - .. 2.20 ' !March - .SrEAKER NA3IEDSoeake?' at the regular mcinthly . meeting of the Utah Life Underwriters Assn. Tuesday eVe,,,... ing at the Ambassador'"Club will be Mat Thpinag. Dallas. ex., of the REPUBLIC NifiTIONAL LIFE INSL4RANCE .03., days Thomas racer vice president of the assodation.' . ,. ,,,!....!( - ,v - !9 ' 0,5 a IS ...0 .95 00 g 93. Ili .. Capitol leana - In , Procesl. 4 A die,. .....A. ., 0 -- - .- - - -------..-- -- - - - - --- --. - .I: , .,, 4 4 ' -- . 44 , 4 , . t 4 ' ' 4 A ,, ,,, 'At- A . to. a a . ,i. , a . -- a - 44.-- ,4 , A 44 ii 4 a a ' , -- - ,a. believe it is in the public interest for more people 1,0, oA-- securities, we maintain a broad program 'of public t4ucation about, , Becau-s- n share-ownersh- Merrill Lynch, Pierce,' Fenner i A a 4 . - , . . $12,122,313 35 675.594.18 - -- --, . 27 , 534 21 51 S865 44 08 213,705.97 ,. -- - , i - - --- .,. 44. I . - . 4 . 48111 129 SOUTH MAIN $5005 . , i .. .... ...... , . , , , 9J61 . s , - ,,, Telephone: 'ELgin , crry SALT'LAKE . . . St, ... , Smith Vic. & Stock Exchange and all other. Principal Exchanges Attorkei-Net4rh 33 $13,955,780.12 s - - e $13,95S.780.12 . . : We publish an annual report in which the facts about our operation are made public: We aim to provide thi most efficient physical facilassure fast and accurate handling. its, possible to of akorders. 812,176,874,85 160,895.62 191,204.48 188,002.37 15,162.04 523,000.80 402,88841 163,701.51 53,050.83 IA8ILITIE$ , Gfrwal iturves 4urpita Main at Sth. South, s - Othw U0134010 Szwific Itilmtrvv STREATOR - a 91 .9 75 ..-- , Call EMplre 2 10'. '. 222. OThs 75 00 75-- 119N 2 214 1958 , 1 . , Properfies Sold on Contract Real Estate Owned and in Judgment Investments and Securibes Cosh on Hand and in Banks Office Building and Enwoment. Less Derireciatien geterred Charges and Other Assets CHEVROLET, 1 , , AND LOAN LEASE 7 59 59 Siti-ge- ' .... ASSOCIATION --- - have an interest in the securities of a company, vie disclose that interest and indicate its general size in any printed report e issue on that compang. , I : . the 'firm or its officers - |