| OCR Text |
Show - . - - ' ' ,, - ,1- , I - - - ..', - ,,.- - . , ; -- -. . ':.,- - -- , , -- - ' - -, ' '. .' ', ', rets . , , ,. 4 ' 1 , ' , t t t , ' :',,, .!,(:. "5.147. r, 't (' c 4 !', , , .,,-,- : ' 711,.--- 't- 'f . '' A States, Prof. its realized from these sales, plus those from redemption by the Illinois Central and Chicago, St. Louis and New Orleans Railroads of . bonds, held by Union Pacific, totaled approxF mately 25,500,000. To offset this profit for income tax purposes, Union Pacific sold 52,943 shares of New York Central stock and 25,023 Baltimore & Ohio Railroad shares at losses aggregating approximately' this amount.1 - : '' MOW Contributor to last year's gain in assets was a net 4 increase of $32,949,890 in investment in road and eqrlip-- , ment 'Coupled with this in-l, crease was a reduction of $9,- 'I. 750,923 in funded debt the total , - I debt outstanding in the bands .4 of the public declining from 1 $204,453,789 on Dec. 31, 1951, to ) $194,702,866 on the correspond- in 1952.- - , - . ' 4 ing date t Frpm 1921 through 1952 the ' railroad's ,total inestment in and equipment property 1 'road, increased $517,186,078 from -- , - --- - Sales of New- - -- - '', - . . After payment of preferred 1 dividends of $3,981,724, or $2 , 4 4 per share, and common divi, .t dends of ,$26,674,920, or $6 a I share, a balance of $39,008,840 : , was transferred to earned sur- :'i plus, unappropriated. This cora1 pares with $38,215,602 in 1951. I -- .L.i current .assets were $216,903,076, and current liabilii ties $124,664,735, leaving net - working capital of $92,238,341. Rate Hike a Factor ; Increased rates were respon- .4 4 , e , - and Union Pacific report stated. Freight revenues totaled $438,-729,322, highest in the corn-- 1 pany's history and 2.4 per cent higher than the $428,511,620 'Of 1951, the previous record. 1 1 - Passenger revenges aggre- gated $39,604,044, as compared with $39,463,456 in the year preceding. I Partially nullifying the effect of increased freight and rates were declines in both freight and passenger vol- I time. ,. Freight volume (ton- 7 milts) declined 1.8 per- tent as , a result of smaller government , exports of wheat through Pachile Coast ports, smaller crops of other grains, California citrus i fruits and sugar beets, lower of iron ore, steel and s shipments ' steel products as a result of the steel strike, and diversion of z to other forms of 1 petroleums particularly pipe 1 transportation; 1 pas-seng- - , ,,,,t , . I.; ,4,.8.4,,i-,,,,,.- : : - ' , , . - ,, ,, T- s. --- 4, , , i 0 , ', '. ,,,, Al9 , Small Volume t 4,4. - ,, .14- v,i' w - o-- .. 1,01,,,,,,,,,J:,,, . ,-s , , . ; , , . ' , , - -. '4( 4 , , .., .. ' '.1171 c.,... , 410( '1 ?. , ,., , ,.... 1 :m: - , were said. an- - Tue s- - ' Veterans Guide Project Mr. Jensen, a veteran of 23 years in salt merchandising in - . day by the Des- 4 eret Salt Co.. I :..,) I - The salt com it:61, '4:t11 pany is a divi-, tsw Utah automobile dealers sold sion of Deseret 4, 1,318 more new cars during the Livestock Co., voi If N first three months of 1953 than with headquar- '. . it '44,1 i the same ters last in sold the ' Greyperiod they Mr. Jensen Terminal houñ4 year; According to the Utah Auto. Bldg. In Salt Lake City; The , 5,414 company's salt manufacturing Utahns purchased new cars in operations are located at February, and March point, Utah, on the south shore of 1953. Some 4,096 .sales were of Great Salt Lake. made in the first three months Development -- This new or1952, represents industry Salt Lake County buyers corn- - the fulfillment of a four-yea- r sales. of total the prised 2,215 development program started Utah County was second high the livestock company in by with 590 sales registered; and 1949. Nearly a million dollars Weber, third, with 558 new cars has been invested by the corn-solin this project, according Rich was the only county in pany David L. Freed of Salt Lake to the state where no new car City, newly elected vice presisales were registered, and Dag- - dent and directing head of the gett County registered only one salt operations. sale, the association reported. Production at the firm's $160,- -- Lake-Januar- y, . pilot plant at Lakepoint began last October. A stockpile of 55,000 tons of washed crude salt is available at the plant for 1953 production. Development of a western distribution system was launched this month under direction of Frank P. Jensen, sales manager. He just returned fidom a trip to the Northwest, where he made 000 371- 741 10411 it w. 14 5i141 s , . , , , Pcipers Denounce For Shirking Duty . . -- 1.11 ' ir . 111 .1- . 1;354; i s a2943' '.,. 451 8,34 - 1125 i r 2314 - Mr.: " 'It 494, . ' 4,, ' Profit Sales Cut 41 ' , : of Groins ' - 117) ......, ' r3,t 31 .. , . 6412t1 , . t1241 2.14 ' 1,1,17-..34- , 8- 29.,(1.31)-4Av- -- -- 7- Col Brd A Col Gas Corn Cred Coin Sole --- . ' 0645 ' el conc., Con ' . 411 Edis 1.1 ,,,,,ttaivnult, Coot Cont Cont Cont Corn 461 2311 1 14,40m741 listen P4:1',. arl ' 0 224512. 22no 0 Idaho, L. . - t Cities by Climax lit Cluett Pea Coes Cola :,,,,., IA :: , , Production of a complete line Montana and Northern Idaho. of industrial and livestock salt Broker outlets also will be estWestern WyoMing, Western Colorado and Eastern Oregon, he 'Ilt. Packard IS 1Pa A' Air1 S't. W do pf CM & NW do pf CIT Pic tal 51 i Chrysler ., 311 110410i - New Salt Industry Rises , Cal&P On South Shore of Lake -- 381 - - ,.. ', Case JI . CaterTre Celanese Celoten .' Cer de P ' IC ' . ; CMSP&P . 41 11141 NEW YORK, April 28 (UP)Shrunken stock market volume .,..: ' 16.4. proved alsustaining factor for the share list Tuesday. mere 1141 end FeddtMenurl a dwindled to of the fourth hour had to the El gLel it r,:: ;rel.' igt Sales ...0 IS uMt Park JUt C I II 8111 471' itlikti1810,000 sham, smallest for the ' period 'since Oct SO, when ;Meillit 51 38 Pea -4 , ' , t ts1 44 RR 34! 361 Pa was 740,000 shares. 11 SS. 20! to turnover Freeport '' -- Co "'mud St. 14124 13j 36 11 260,4 ,... Ecueh T -- Thiti dullness reflected lack of I to Gen Ant T 1 ' Phelps D 28! P41" ,4 5L 46 841P&R C&I 1. I. II 16 73 70 , Gen Pee .'l selling pressure although the 121 204s ,,i. , Gen Food 1 - 14 Poht,hlt,." la! 321irr ..) .1,, 53, -221'14 .. Gen Rills 3 57 .6... ' "" ' tendency had been ' slightly 44' illato Phil Pet 1 T1 OW Oil .7 i,,,i;: : G.aGe Reofra ,. 0: 8221,4 toIn 1Plynt easier. Late in the 'day, cons 1Pr St Cri III 101111 it 141 ilia V; . . 72 Oa Pao PI 17 teit p 4t, Pr & Gin gsoi 484 vinced the market was able to 44 Co 30 .44 .231 Goodrich . stu .. ", 141 30 p - 1105;4 - 14 G -it r - 4 53 ,,a lit; Pkte 40 Pullman It NEW.ORLEANS UtiA .mis. 'resist further declines;support 1141I,A '14 Pure Oil 24! 35 Pt 1 183143;i716: RSO for the , railroad V0111:: 12; Pie ta 30s 3: .,'''':. oreG:NtitY editors have sissippi editor Ricct .nst, 3 I ". .. 19, 9;02'1i C , 81 22it.1111 4.1bee't; aL411GraYson "derelict duty" for ,group,..,,. :Vie 13.., 34! 4 ' 8' ."411 1Gcrtaufmolli i I ll 87' 13" '4 Raytheon awl; ideaglithat I ' When rails improved the re. . to combat the ,fillure 20 is4,1, - ke item Rnd as'll. 170', I 2i 23411,4 ta Rep Av 14 4tji !IA Nall ,Spgdlill 71 87 - 4is Repub 8 124: 23! would bring a depression. mainder ' of ,the market steadied. 2.1 L5241," , . t HY Chm 24i 48111,4, 1s, Illace ' 44 Revere CI I 151" xi 334 '144 ' 42 19. James D. Arrington, publisher Volume, however, continued Hey lob .217624! ell4 Richfield 2041 '4 47 House ,11' a tCI light which 'indicated no haste at 5541; vikt .of the ; 31 1.434 ....i.. How Snd ..14 Safeway 11 14i St I.,' ,,,,in getting into the market. ', 14 the "II ' 14 Hud Mot 147 15' National told ...,... St Poi Uns, Miss., Rod P ssl 21 4 hoc . MI 2 3441 41 ildligh&nPvi ... 14 .131 1444 '71441 doil! Sebenley . , 14 Sears R $3 82114 ta Editorial - Association Monday 37i 5741, m Pow a 38.4 ... II Sharon , .., 2,1 ' rt. that "We must kop 4590, put across the 4 tt 1,4 Sharp D grwt: ' 1 4 92 rit''' Shell Oil 44 last Rand 16 ie; 49 lel 44 MARKETS LIVESTOCK 44 1 2544 C' SR Kind so 4. Si bmp 2tai message that there ja a lei of 21 1 1844 , lawn' Simmons 3211i 1 23 IDA; 4,, SALT LAE,. Aorti SS 141 3911461, &DOW, 0 3719 "..41., Int Busr. ..,g good, left In thig coun,trY. en4 756 - ,,. , salablo ....ii, .18' 33441 1411c11 741 Ill 15; market fulls steady au early ......,.....,; 4,,, ,. en&Of calves not. wan ..". ' , synon, rules. Trokod 4. loot ocrictilr Mimeo asu, :.18' thatthe : 16 .;,,.,i; hit Shoe 4 '39 .' 44 C 61 14 FOINP' 82 17 es 3i Southro r, , So. Psi ke:e8 moore Alkirssit88,818.80; 40 4514 ; 4 ymous with depression. ' 41'4 4 rz- - Int TAIT corn. I .3354 m .,.. M 67 t sta 111 1111.11042 ill:81r Moors and holfors . mercial Jjooynismi ft; 16, 4312 14 I 35 4 14 ttarrs'r with indie 17; utditg cows $12.500134 22 2446 4 14 ' vidual up 10 $1350; canner and outtot :761'1 ill Vitt ,... re 111:nrrat ' 1 18,44 ...,,Std,,GonAt cows; SOIlli IheHr down to 117, Odd KUPP."1 3 34 24 19 111101650i head bulls eommorcial a. uci ii F Oil 2 35.. 5 50' f 114 grease .. p, Veal offered early. 411, Itu Oil NJ 831 2 ' Kr." . 144 I:, n N I 4 t St Oil Oh 211 681 - Ms socritarkzt 1 latellrw.rlUtialmbustetchd esalnksholow;f:: 17344 V4 Krogear e , 0! -St St SPt c - 5 .738 13 2841.,.. 1:0.11FmZI Prices'. Hodium to choir. No. 1 butchrs 190 Ili 33121 14 StPli Dr 56N;1:..t12315482425. Chyle" ........,-- -12 31 2512 91 .. - to 240 lbs. bringing Lb McNL att -..., Stone&W , 76 19 light weight sows up to $11,50 358 24 171 5321 735144 CHICAGO. April .28 List stmry (UPIProfit to 450 Ina. 1115017.50i emir 450 lbs. 21 ....1,4,.. ssutundoebsyli t: Ill takins 1a 21 cut into the grain margins 43h. 13 Loewe ' (8 Sunray 0 27148 on the Board of Trade Tueadag to sit5,3 dews. 171 18411, 14 1,4 Sunsh Mn PSI 84- salablo SI: low VI ShoopEstimated downward L,.sic althousb wheat head medium to 271 ,3444,t prime 41 Switt&Co 371.... push, motopre.r good alattabtor lambs. ', - '''' tordard Lou 6 N 21 59 251 35,4,,;". rhea inirclined toward steadiness 5,2 Ellie 591 JobSig.. , '141 261 Co 471 79141 ..... 5trel; Us on the close. wheat ruled 14 to 14 74874 Prd 41 el , -- .LOS ANOILES. Ora 38 23 cent bushel lower; corn IS , to 1 e 31 27 magma -stock. 1I 2440 to 17 lowers eats lower! iv. 1 14 .TeGnIllusill Cott'. ., Martin, ,.. 421 14 able-- ; el 38 '1' 14 Math to 214 lower; soybeans ls. to 1 lowsr; 18 40 Ch 66. Thom Pd A 53. 5114 lard I lit is Points a hundred pounds' slaughter 'Mors 14 34 mekeu 2 Trnk Br to 50c higher; o.ther.classee:''.1,, -, eows,steatly Cis tower, Miamt 4... 24 'Trimmer it fp:7Tbk lung' steady; few loads good' and eboics , Mid C Pet 9 58 49 Tw C Foir -.45 '. fed steors to around 1,050 lbs. 1122.2541 4312 Li ' 284 458344 commercial and good lightweight ' ,.. u: mmintnntAllomn 2325; tlinBeagaribbd 51 22i U, ''' 'w Min P&L 8 18 ,. a 3314 Markets in Brief ". werrall:11:3111.1gerflenrretoreliggiroal 181C 48 1111r1231: Mission C 3 2819 Li EN-eas171 ,..14. young tows ;testis utility Ill?: odd to liv 'United Pme 1 Monsen C .17 87 33 28 Meta 24 $11.50; bulk utility cows 4.4 llownds 'mister '4 8844. ;.;14 Mont Pw 14 Unit Aire 3 284 in quiet trading. canners and cutters S13.50816.53 4 3414 ita Mon Ward 27 6214 - 11 Unit Bine U. S. governments lower: ' 3 38 and under; odd utility 11 41141- -, 10 Motorola 36 ' United CP 44 54 ...f.. atelMr,.1n quiet tMaltingg ,. bull, 817.2519.50: tow young stock ' 231917 14 3 2114 Murray IC 'Unit 34 52, Fruit SUL cows maulltaur''' 5016: istlitratt tnatataa 211 274 66 Kveia V Gas Cl! 1001 about attiggin s. el Li 11 ,f: !,4i 94 4 Natear him &Liver unchanged in New York at to 171 ....'' - 12 161 53161 commorcial and good light calves aad bSlarorb .11,, a line ounce. 11 3612 cents . 554 . ,t 4... venters 12109141 14. $204123.10.12 C Nat .." Cotton 4 futures Aug 11 ,: 2114'. 4 Nat C Lin 18 14: to $ 2nite4 8311 ma 4 Mt Grains in Chicago! steady. On the', close. active. 'full? stesdri '1. HogsFairly 18 8 t - - 12 11612 Spf t 11380128t 1 255 200 to Wheat lbs. Nat 22 to and a cent ruled choice bushel I 19 59411 Dairy 31 11 8 to few 241 lbs. 1124.50; inocitura around 200 . Distil 24 181,a- 1corn It to 5 lower; oats - ot Nat US Steel 1291 31114: ,-- lower; Iti N tit lower; rre-ti- l to 212 lover, soybeans lbs. 1124; odd 185 lbs. $33; 160 to IRO .. .e III 201-- bi do tit7 6 32 9ysm tit;1291,42 '13 12 S to Net to Li 11t py;e 24 lower; lard points lb.. S24025; odd choicer MA to 475 lbs. I; ;I' ,,, sows $111.5001950. , vittiti--, soi ;tit; ; it; a hundred pounds lower. ,it,1 ., 71 143 4 44 Nat 78 to cents 44 51 28 Nat 4. Suit 9 lower, toa Vie CW i12 241Hogoa8 8 SheopSidable . sone) 10100 boldoSere"" Nwnint M 14 42 .. '14 1123.751 sheep! Moatly steady to SO cents unsold. 31 27 Walireen ' ' " NY Air II 10 20 49 Walworth 1; II 111 714 higher, top 1128: tattle: Steed" to 50c 00131114, th lower; top $.14104 easier top 1121. April 20 (lISDA)Cattle- 14 War BP 1 164 a Cntrl 155 22 - 12 NY 14 10 not mak market Salable 300; NY CastiL fully 41 10 55 ..... 5 Nytala IA , 277 :4yWest PTa ' 14 very kw fresh slaughter cattle halted; IS 391- 6-.;., 46NNeArtmilair 41714; 20 26,6 .... West AB offered; moderato volume holdovers of 381 1," N - Am C - 47 GRAINFUTIJRES ' 1 stockers end feeders; nOnlinallY ItOldi 204 - 14 Wheel 9 51 384 e 10 46 674,14 Wilson C Nor p" opening; canner and cutter cows 18.500 ""' 24 351 il (CPI-GWoolwth rain CHICAGO. APtit 10 ".' 4" Zdis 2712 ..14 IA 0 lemw modtuleoaer Moonwia0118Watailas i 12: 2421 432,12: load :Kock ST Evershre Fairb Mr Family Fa i rnaDdrPY - , at--Ctr-- 18 ,I. CalahnZ . 1 Stock-Price- 100etC1asel Owens M Pan Fin Pac ,GA11 ' tile Rsle76; , , laiy-743-n- 841gBrais -- 141 mit,. l'aufitr , RR 41 val- -. ' .Brtgestat . Brist My. Budd Cw' Br Ad M -- 7 11141 1 lko, l'-,d- 7 Sale' in 100e1CloweiChi. 1st w-- Bengt M Best Fcla Beth SU IllksChm -- A,.. y, ' , New Reid Found Near Ilichesne '4 ..pa....1",.. ,,,..,,..) 1- .,''''';lit tr,r,ItAtt, t., ' --- AA; 17,11,11irt , , E. - !Bid A oh ' - t' !Barb Oil 4,,ye 4,-so!, ,. ..,..,.N -- :, '. t .. ,... ... .. ,,,, vt.;.''. ' , ,. I Nh.,,., ''' - Oil Discovery - ISALt WORK&A shoulder of one of two tremendous ultratockpiles and the new three-stor- y pilot plant of Deseret Salt Co. epitomize the new industry rising on shores of Great Salt, Lake.. nounced " - -- :'', t..,,, "',.. ,.,. - Am Am Am Am AM Anac Cop Arnie St Armour Atchison Ail Refin Atlas Cp ' I ummf ISZ--RE- West Uta h in 53 - 1,4 . . .., N'1',4-4.- 88 , .;t.. - . ., ,,:.,, 8 d. theighet pfoars'seln9g52ergarlenvseninuefsr, ., ofi., ttiho: mthr:tungthaoiunt Assn0. road's current assets were $240,- - earlier ..! - 4,- ,, ,, . ,,,,. c A. ;4, A t , ablishedhr-Southern- e G Cars - , , 513 Can Car Cyan L oo Met Rad Am Tob Am Vise Am Wool ' s Am Zinc ' 04,-- -., d! 4', -: ,, -- , A 852,822, and current liabilities I $123,643,156, making net work1 ing capital $117,209,666. A year 41 . e ''',.. , 1 . - -- - -- - -, 4 ', . - it, ie.', 1 - -:;- , : a to $1,277,608,897--, $760,422,619 i gain of 68 per cent. , ' ... - ' )) II. ', ,, - IA -- ; .i,t,,!,...,----- - en::Panievetto.Gd:relynt:oteurinrstata ,, , s N' t - Property Assets Rise , . ,r ' Stria - tin; , -- 47,2- , 44.. 41' . 4.,, , ' . , . -- '. 'al: f 7, ...e. 44 '..-- . , , . ,,,, ) ' ,. .. 4 . ;33,651,289. ' , '',-- ,. , 11' ..,;--- - - ', , - , I ,, , 4 1I , , ', ,.. . - highs: i . .....----.- - 2: Am '5 - operatingrevenues ',-- . , , .,. , , . aUCEIATIONS Eouit Gas limit 01i ' 4 12! 35 44 111 38 311 52 qt N,1:43141! latl Allied Mt Allis Chat ImcopAm - 36,,11 27 r 131 1 SU L Al 1 , t ' ,1951,-,totaL Admiral Air Red Allestutir . i ttlISDAY1 Sales toolcaosI Ms. - $alon in ' ..: . , ' . 1 r , ,, ' , s. , . ' ,,. - . . , ., , NEW YORK, N. Y., (Special)Totar assets of the Union ,t. :1 ',4: Pacific Railroad Co. rose 636,654,866 to a record peacetiMe high f ,,,, . ,1 .1 of 61,308,378,450 in 1952, according to the railroad's annual E.;.., .,t report, issued Tuesday to shareholders. .4 -,-t The company also . reported 1952 earnings ,,,. ' available for common stock, I ,, 1 ' '" - , equal to $14.77 per common a barrels to 13,total of ,, share, after providirg for pre-- 757,015 ferred dividends. This corn- - 769,388 barrels) exceeding de- '. pares with earning! of $84,890,.. creases in production at the 822, or 61410 per common share- Rangely and East Los Angeles ' ,, fields. , for 1951. ' From of the the beginning Slightly over half of these oil and gas, operaret profits were derived from company's19370to Dec.131, 1952, - Union Pacific's extensive oil tions in, , properties. Net income from oil receipts 'from oil, gas and other and gas operations in1952 was products,were 6335,466,237. Ex- . a record 633,608,842, a gaio of penditures (excluding income taxes) 'ere 1.0 62,125,418, or 6.8 per cent, ever and 'excess profits left an ex- ' 4, ' ' .4'''''' ' the previous' high of 631,483,424 2126,661,380. Thisover cess of receipts ) ,; '; ? ,,,,..).. expendestablished in 1951. ' e, a 'i , ' This compared with a net tures of 2208,804,857, the, report ti , 3..4. ..k shows. ' 1, ' I . operating income of 632,761,120 , - Doric 1952 Union Pacific sold from , 1952 railroad, operating ..f ,,,,,r .., In two bus I , ..,. .4 revenues Of 2520,221,326. In its majoilly holdings ' ( i , . . ' 1933 April-2- - - ; t - Salt Lake City. Tuesday, , , , - , t Union ,Pacific rt each Peacetime High i, ai,;', - . i -- - , , - - i ' ' DESERET' NEWS AND TELEGRAM, - ' - - ' -- '' . . Beark Can 23..n1 Mot this area, has been associated in Oil Prd Deseret's salt project since its Co Credee veteran in Inception. Another Pk . the project is L. t. Imlay of Pugeywfi Dean Ch Lakepoint, plant designer and Deere superintendent. Mr. Imlay Ls& RGW' do et worked for 20 years as a draftsman for. Morton Salt Co., chiefly 11))elt,'Id?ii Sty engaged in designing equipment Diana Dome Min' Dow Ch and buildings. The present three-stor- y plant gultirr Air at Lakepoint is equipped with East Rod , Ohlo Oil 12 51 a rotary kiln with a capacity of Estm 1.11 RIVIs : .34 1:11illilh 881 Eaton MI -C 8 12 ,EL Auto IL. 15ii 4214 -El Paso 0 14 cle Levi Mie, ' other equipment, all grades of Total stock sales Tuesday. 1.100,005 shams; previous day, 2.400000; commercial, industrial and liveweek aso. 1.511.090; month ago. 5.119.119: year ago, 1.117.300s two years stock salt are produced. A block aso, 1.759.260. Jan. 1 to date. 138.761 500: 1952 to date. 121,718.041; 1951 to dato, 183.089.003i 1950 to data, 111.271,387i IMO to dal. 78.027.505. press is on order and titure plans contemplate production of table grade salt as well, company officials said. Approximately 50,000 tons of salt was harvested by solar TUESOAYI QUOTATIONS-- evaporation last fall from ponds Sisai Close! ale Sles;Clooel Cite constructed north of the plant Sies,Closel Cbg , evt 412s 351 6114 This crude salt is washed be- AFT 3,4s I 511141- NYC 6s 13 271 7612 41 94 271 85 - SI.Sir 69 10914(., 4s OS 111 65 2Me 111 - 1.9 fore storing in the huge stock. RAO 61 7312 ... 51 8512 Eris 412s 6' 0612 412s gi5 es 151 59' 12 VI GN 67 67 4s 97 3! ,bit ev4s1 geli piles, visible from Highway 40, 4. 75 A 12 9212 - 1 521 1110012 511012 Pao 414a which passes ,the salt plant C&0311 41 9312 ..., lit Is 1 106! 412s 77 10,10212 U CMSPAP 741 91 if 112 8312r P 312s ' hiopae5141 about three miles west of Black 21 77 .. Inc 412 M Rock Beach. ' fl Ms " - 5528 bii., .,,32n14 1,,' , le iii. ?4i;114! ' 3111 ilhattit- .. Mar. Jule Sept. Dec oats- -., July Isept. Dec. July Sept. Dee. SoybeanMay Jan 112.828.0001 to late. 195,1 to 1 dato...3811,1143.040; 9362)521.900.. , 1953- - , . lAr-d-, day. 94.280,0001 Week two years $2412.5001 to date.232,9e8.3o0; May " July Sept, Oct Nov. 11 Phillips Lists sked. American - Profit-Decline-- July Sept. Nov. Jan. Sto'ck-Exchang- .75 .744 .75 77 .7414 .73 .7414 .77 .744 , , .74 .73,4 .7414 .77 1.12 1.11 1.70 1.74 1,10 LSI 1.1414 1.1414 1.08 . 188 1.7214 2.7214 3.0714 3.04 2.8414 3.7514 2.7714 3 07 3.0514 3.02 8 83 2.73 3.71 .- 3.044 2 84 2.7514 1.77 10.82 11.10 11.40 11.47 10,87 11.25 11.50 11.10 11.10 ILLS 11.50 11.10 -1- 1.60 ILO 3.0514 3.0144 2,83 Sbee.--Salab50: ito early West MonOsy small lot good and chola mattes IPTittg Lambe 1121,50. DINVl April it (11515A);.-8boOP- -.. So lablo WOO; slaughtor lambs not elf. tablished; asking higher or above 125.25 for best wooled lambs. soma buyer talking lowor en shorn offerings; few small lots sood and choico wooled fveder Iambs about Moody at $201121.501 slaughter ewes 50c or more lower; few wooled owes grading cull to good lirat run includos 12 loads wooled lambs and II loads shorn Iambs. CEA 117414 ' 2.77. 10.828 11.15 11.40 11.474 11.474 11d. Stocks- 501-ad- late 1.12 1.11 1.70 , 1.7414 - Local Bank - e 1.5714 .1.57 1.10 1.10 1.514 1.10 1.511 .1.1114 1.$114 1.12 1.11 1.5711 .74 .74 .77 Kyl- e-. May . - 1.11 1.57 - 12 2014 2 21 2.25 2.3014 2.34 all ).12 thrr in - $IS rper cwt. Calvegtillableivalfl to stock sood early; few medium " salves steady at $11 HoirsSalablo ISOf butchers largely 150 lower than Monday; &Mee I to $ butchers 100.240 lb.. I2e.24.50: few selected lots 1134.80; sow market not ---- Close II 112.11 12 21 2214 2.22 2.284 32114 2.25 2.3014 1.314 2.21 2.34 3.34 3.33 July Sept Dee 11 ago. 12 May esal. High-- 'Low ---- OPen - ---- Previous - ' . r year.--sso- ,, ' '''' ' Total bond sales Tuesday. 94,190,000; month ago. 13,911.500r 63,192.000; - ' ' New York Bonds ago.. ,: , ,, 3716 V A.,' -- - 2- - 41 , - . -, TUESDAY'S :, - - Calveellelable 2800. 300. Fed steers and heifers moderately active. WUlitenli strong to 50e highen many Omer sales 50c to 75e higher tor two days, with good le low choice short. feds 75c to $I VP; shiooing demand faille broad for steers; eows scarce. about ;amide; bulls and coolers mostly steady; stockers and feedors slow. weak. 25e to 50c or more lower for two dorsi choice fed steers bulk low to alfgrall numerous sale $210 $2175021.75; down 21.50; weights generally 1150-lb- . tottple loads average to high choice around 12004b. stoers 122; good to low. choice shortfeds 1119020.50; commer.. cial lots down to $11.50; bulk good to los fed heifers $1550021i few utility cows, mainly 111350014.50;1110.500 to $15; eannors and cutters 12.50: bulli utility and COMMIITItial $14.500111; commercial to choice coolers and caltqw S15024; few tholes 'galore to $211; odd lots medium and good good to stock stoors $1501710; load-lot- s choice around 525-1' short yearling stock heifers 1118- HogaSelable SOO; rather Slow, bar. rows and gilts 50e to 7lic lowers sows steady to 50e lower; choice lamely I and barrows and gilts 190150 lbs. $23.75 one load outstanding Oak 11 la 180 lbs.- $24.50: -- other ales becluding fato tnedium offerings et predominant:1f 2s and 3. 2224:23 50; :nedium to choice 250-30-0 0 soma lbs. 220.25e-33$17,50021; Meal Quotable boars Seel S. - - QUOTATIONS Lagging interest in tlintah preliminary arrangements for TUESDAY'S QUOTATIONS Bid I Adkdd A decline In net ,profits for Basin oil exploration was given jobbers in Eastern Washington, Sales in 100e1Cloael Ott Sales in 100s1Closel Chg Sales in 100teClessi Chg Continental sank & Tr II 15.501 16.50 a needed shot in the arm Tues- formation at about 9200 feet. the first quarter of 1953 as- com23.001 24.00 First Security Cory 41 4 31 39 Fed Pet 6 At Cp W Ookie C was unexpect115.00 First National Bank .. 110. 61 FY Ties 814 14 54 351 11 3 with the corresponding Bald See P a Ltd day by the announcement that The oil, however, & Trust peed Utah 255.00 285,00 Savings 9 51 5 7 381 Barna Ain St Pan Oil 4 encountered just beyond ;4 Hee 'NM Nat Bank Phoenix edly 17.50 17.00j 41 14 32 83 - I Carter Oil Co. had found a low Hunt Oil last year was reported Bun Rill Sher Wm 101 88 25.50 24.00 Valley State Bank ... mark, at about quarter ;41 301 5 19 32 Ca COAG the half-wa3i 8 Sonotone Imp Oil Walker Bank . .... 02.00 04.00 S Pw< Kai Fre II 414 4. pour point oil in Its Duchesne 5225 feet. Tuesday by Phillips Petroleum Ca So Oil 21!61 97s Zion's Savings Bank. 164.00 180.50 111 4s Con Mar 15 32 Kirb Pet Technic 521 2 7 1044 US Poi Cr Pet Mel Ire el 361 County well two miles north of Terrific underground pres- Co. Fai. dividend. 121 11 it, va Holybde 91 444 1 44 US Rid 9121 At Su the town of Duchesne. I sures were reported in the First quarter net profits were Cu 13 Lab A 101 14 S Ther 121 31,41 Uta 1 Su L 12t 241- - 44 N Pk 519 351 Writ Ha the 1i Duringthe test, gas $17,755,565, or $1.22-- a share,- - as EEurB 82C Sh IntestsMonday, 531 Lt 11 INVESTING FIRMS , 300 to 480 barrels per rose to the surface in 15 minPassenger volume declined 2 Total stork sales Tuesdar. 330,000 shares; year ago,. 3d7.100. with or compared $19,772,140, TUESDAY'S QUOTATIONS' Total bond sales Tuesday, 11150.000; year ageh siot000. per cent because of a decline day of 19 degree gravity oil. utes. a In$1.37 3 share last I year. oil fieldNO. This a at Duchesne'snew temperapoured in government travel during the creased operating charges, in. located of 25 ture Affiliated Fund Mc... 4 17 0 whereas midwayl of months the the degrees, six for areais last ' year, t 3 89 Amer Bus Shares 2 which more than offset an in-- much of the oil produced in the between the Joseph Smith dis- cluding purchases, operating ex10 9 14 , i 3i. Houghton Ed As -' and development costs, Boston Fund 22 42 24 24 ' crease in such travel in the basins sets up hard at temperacovery well In the North Du- pense, 11 SO Canadian Ed 10 90 were defor the responsible S 71 1 first six months. Other pas- - tures of 85 degrees and even thesne field, nine miles north 1Comwith Invest 729 Dividend Shares ' .Z10,012 184 202 because gross income e QUOTATIONS' & Mow Bat Fd , 30 7a , 33 U- ..: yugspArs -travel for the- - year in- 110 degrees, because of its high of Duchesner and: the. Duchesne crease, - COMPLETE -----was 14 Mk millions 57 Fd de above .,...... 3298 N content. wax nearly town. the ' 3.1 per cent. Pool, just south of Bid Ed Ind Fin 77 t Bid !Asked , 2 j lAsked 289 Bid lAsked i73 1952s or first 320$184,199,located is a on quarter, ' 18 80 20 32 mg Icreased operating expenses of Thewell . .20 Plum Min .25 .0414 Howell .0 $ .0312 Big Hill 18,51 ' 024. 178 rr :12 ..V1 riau:luotvilige"ral. Ird . i .02 .06 .0112 .04 A Plutus .. Indian( 31i.. ---.,' Bnia0IMI in 1952 were $389,- - acre section of Duchesne County. 15 44 1 Listed suptums A regular quarterly dividend BratokSily .07 ,011Ve Pr Con .. .08 N See Sec Fret Stilt". .11 .05 .0614 Kennebec ti 1 S2 788 land. County officials immed- Unit Owners 1 Pros Oil 1 840,054, an increase of 3.8 per 1s .02 .05 .07 Ken Al Utah -5 .0712 income 29 do Bullion 484 t ..12 .31 Rico Art 5 44 180 1.80 .26 . Keystone 5 95 do Mock .25 iateltannotmced that if the well Joe W. and Leonora Rose II of of 65 cents per share was de- Cantiff ; cent over the $375,470,619 of holds .06 .07IA 18 19 .....F Putnam (61 Fund .; Lak Mon .0112 .02 10 SO Roy Coal .03 .02 clared payallle June 1 to stock- CentriStd to its initial producup II the i single Cl Sil are SAVA Leonora .04 Technical 34 Duchesne Fd King .03ti 1.121,4 .08 954 largest :IS Chief Con -. .0.,- ,- 19 - . the preceding year. W Sit .47 .48 .03 31 71 .02 Little M a county-wid- e .90 .28 Wellington Fund 2412 i holiday will owners of acreage in the Du- holders of record May 8. Clgtontilyr Approximately $8,200,000 or tion,declared to ' .21 SsigKing .26 .02 Colo Con .0214 mad Min sSitilentdd .03mz4 a be celebrate new, chesne County unit, according "Affeie----,:l.0812 .08 . .00 Mu Lead .10 Colbllexal 57 per cent of the increase in le .02 Min .03 .03 mei od .041,4 Si01171 1 .20 CombNitla needed source of county income. to original unit filings. 38 ' sittanildios operating expenses represented OVER COUNTER CmtCoal'n : T. CASH GRAIN :2,5014 district Carter's of a superintendtotal own .....7 :7903: Cmovilh1.4 '41:317t4, RoseIls The increased wages under quarter Sund Oil TUESDAY'S QUOTATIONS 7 CogEureka C. L. Cooksey of Vernal, 200.6 acres in the CHICAGO. APril 22 0,129Cash train block Mona wK"ir TSWarliglabCy'on ' .0C4114 :02" CratEg101 yearly cost of living adjustment ent, sales Tuesday: Bid .21 Asked sounded a restraining note in on which the new Duchesne proOil Croff .03 414 Wheat; No. 2 red, 112.1834 nominal. Cent Tint provisions of wage agreements , Corn: No. 1 yellow. 21.2114; No. 2 Tint Lead eta .0714 Amalgamated Sul com117.50 .018.00 - Crownfl ' ildsrtivrwerol l the results of the ducer is located. ' .69 ' Tint Stand do pfd 9.10 9.40 .05 with employes. The remaining Interpreting tests. Dragon .98 No. 1111.5912.151.2144; 3 yellow. p brief 1 ECrwriN .311 T , No. i38 4 the owns 21.55121.5214t. 21.5514M Valley,' Ashley Duchesne County yellow, hCOonit, , ,'.03 ;08 Th, increase was- - due chiefly to early, 1.3010 22441 EstStodrd 5.15 Ltd. 465 1.5734; No. 5 yellow, 111.5012 P1.55; "We've tested this well less east half of the section, a total Bonneville ' .00 .06 11.7ETnCoallt 10.25 Sug Equity Oil :10 New Qui, .06 grade yellow. $1,4834 as1.5244. ,....,' Wimple edos , higher maintenance expenses. 3 00 EitatCtah .05 .08 d Grand Uintah It; COM . than three hours, and you can't of 320 acres. But when Oats: No 1 heavy mixed, 111,se; No. .33 Nor Lily ..18 .021.. 4.. 10.00 1025 ' i heavy whilst, 8314e; do .0- ..i. .50 Coal IV. AN .60 pf .,011 at Svu. EmoirMng Independent No. 3 heavy white. -. Gil Production Gains Nies, tell what a well will do in such ''' Con the VttWy 2 EukaBuin .0414 .17 .19 Pet .050s Justheim for funds recently, 011 Serur 17r4 sample grade heavy white. 72c; .33 .34 wood ortd .. 30 oli ... ..20 ,05 .30 Erkal...gCn .051 Park Rine No. 2 white. 774e. .0104 35,, The report stated s total in- a short time," he said. "We county sold half of its mineral Mayflower metal "ia , , -- WEst Alit .0212 M01111111 Gas & 011 ' Elokaalna .03 .10 .04 .08 C Bret No. 2 plump. $IMI nominal. 34 !Perk City eneineored" Tsil .06 crease in oil production of 3 per still 'don't know whether we'll rights in this acreage to J. A. Mountain Fuel SupPlY 10.35 30.00 .11 .20 ErkaStod Bari. y: Range: malting. 111,35101111 t Park Kon t .0241 .0314 wed I .0e 4,8,80040,8, witneii ' .02 Oil Inc 3.25 4.00 GoldChaln .0214 Park Nel 214 .04 nominal; teed, 111.25w1.43 nominal. Will Bin 0 'cent over 1951 accounted,- for set pipe and develop this wild- Cheney, Vernal- banker, who, StrevellPaterson Tin. 33 N04. .78 .74 ..0214 .03 Pre a yellow. Illinois. .0314 .04 GrridDgat No. Soybeans: .03 Yank Con .111 a .04 .06 cat 1Park or as well A 5.8 GrtWatru J4 2.00 oil UintahWyoming 2.50 Walt producing per receipts. with the county,,Is second larg- Utah 10111. t t0214 23.051a. track Chicago. 1 3460,- - 116,0- 0- HornSler . , zufna . .. .0214 - -- - ,greater conlinui drilling est owner. cent increase in produciipn, in whether-4019.50 , Utah Fire Clay 18.00 Oil 28.50 29.50 Utah Relining ;.. the Wilmington, Cal.,- field WO for the deeper test originally include: ''' Other ' particiVants 2:10estictOn and Mmmi, 2.000 at atin. ' Utah Pow & Light Co. 31.75 3250 BANK. CLEARINGS , ', IMAM -. , scheduled..., And we may not . ligral.715.35 14.75 Southern Oil , . 'Liner and Agnes Nielson of Utah Silver Shield, 2,000 at 3c, IOW at 234e. ari,401 1 .000 titans Basins OU .16 .14 II 9101,198 00 's at 3140. 9.000 ... MOO bank debits' know the answer for two weeks buchesne, 40 acres; J. R. Rob- 1.1te IMondays 0. ; NOTIga OP "MARINO Cardiff . 3,000 at 26c; 3.25 3.00 Royalty Same doe last year ...J... 10,444,626.00 NOTICE IS HEREBY GIVEN that sr' , i31,. ' Croff Oil. 1.000 at 18o, 2000 at '"atT3ein. tic Standard 1,800 at 95c . 55.00 53.00 clearines , Thursday. May 14th. 1953. at 1030 or more Earl M. Henderson, BGMI ...., ertsorr, Tuesday'. If 93566.8 Itio., Cci, 1.500 at 191,4c. 500 at 20c. 2.000 at 20t4c. winiataa Biwa, ou. 1,500 at 30e. ; o'clock A.M.. in Room 301. City and 9389.461.81 ,Samle day , last year 7. -- . 0., w 'Ex. dividend. Hoivever, Mr; Cooksey dis- Thomas Hall, George Massey . Dragon. 900 at 70c. orrt..0 ',ay 247ieti, r County Building. a public hearing will CUlti SALIM 1.000 at :Vic Grand ' Deposit. WI. be held before tho Board of Commis. closed that 144: C. . 40.0 eitIOW Emerson and Willey, joint OS, 5.000 at 22e. 1.000 500 Croft 21c. Sliver. at at flout Itie. ,.. sioners toOn the following proposed test early goskskly op liTirnolraTeZiTnro;i: 1..000 at s12c. owners of 39.4 acres, and Edwin the Zoning Ordinance; CUSTOM SMELTERS ' - - I, change Pep Y 411447 ' To consider extending the existing production 177 an at barrels F Wilford T., and .)4-4- . Mary Bingham; NEW YORK. April 28 .(11P)TOdag's 1EASTMAti isesianum .8-- r District located at the ."...."'.. . . corner of SIM South ad lilt hour. This is phenomenal ini- Ida, ,Ernest E., Rachel B., Clar- custom smelters prices for delivered 'i southwest west 46 84..1 35'. Last Sts. metals unless (cents other, per ' pound, ' H. ' Commencing at a point 1115 feet west tial production, observers ence L., Henrietta G,, Japes wise designated): Dow-Jon- es . ,I of the southweet corner of Slat South feel that- the well will stabilize anCOlive M. delivered Valle), Wilson, all of Du- basis 2915i30.00: ,, and 51st East Sts4 thence south 145 or New , -at alound 400 bamelsa good chesne. 1 filt along the west boundary of the e ' and Company . equivalent 30.0031.15; Lake. delivered , '... thence Residential S.- destination. District; ' O. isting nominal. Ca. UT A. York New Member level.' and of Stoek of I. '4tchants ; Bogle Under unit regulationi, all ,urnith., Walker Wttri 35 feet; thence north 145 feet; daily- production LeadCommon New York 12.00t St. , Rails No Securities Treded Vol. Idol, thence east 35 feet 'to the Point of ,. ......1.114 The Carter crew shut in the the owners will participate Louis 11.80: foreign, gulf Ports 10.50. Hourly 11 cm . . ; beginning. 20.000 212.71 102 01 Advances 447 Zinc,-Pri11.83: western Quality!, New i..... York The question, 272.28 102.07 Decline claesification otthis well after. Tuesday's tests and jointly, on a percentage basis East St. Louis 11.00; foreign. Noon 440,000 gulf ports at .sti: meet- - indicated 1 p.m. 640,000 272 24 102 67 'Unchanged vs Contifientil that additional tests determined by their acteage, in 8.50 nominal.' $tool titae l .,..!. tirrifitypilub4prrtg ssis - New a .. . tit0,000 272.21 ,102 Highs I3 Irm.Iota Wolters per w7lierie , arge Quicksilver ?, Present at said an New Lows .... 640. . ...... 136 and run be meeting given 950,000 from ILM. would' the B;n:c ..,,r,.., siTr" Wednesday 78 , production of (leek lbs.) any ;..; opportunity to be heard, either in favor :Itt 273.96 103.10 -- 1,330,000 N Building Ph. QuicksilverSmall. iota fdollargs per Tot r.1 acre unit , ,. of or against Said change. of shot, Thursday. ' flark of II lbs.) 197.000200,00. ' . ,.i , 71, ay order of the Board Of Commis. ' All gismo Vol Low Close dis.. the High oil well like This ner first Low that (dollars represents gravity TungstenPoweered SiOnittl of Salt Lake City. Utah. this list 40 Ponds 95.55 -- 14 30100. 141.000 274.39 271.32 273.99 e 8.35. 98.8 tent minimum) per pound Duches-n1553. of 1,, day well Manganese April. '11142, t 10 High Grade Mils 95.75 25 70,400 103.37 102.17 103.18 major discovery of oil in the covered in the 10,, 20 Rails per pent ; r BCFNER 1 10 Second Crade Hails 91.13 03 50.64 50.43 50.79 15 I 31,700 Is retailing for about 20 tons. per '111. 32. , First Publicalion lam City Recorder Basin in .1953. It was a deep 91.111 22 10 109.113 Public A 10398 10681 193 Stocks 243,700 York New 411 out,..! brands. t11jtieg TinGrade !currently Aoril nth; 1953 ' t -07 190801r1218 93.40 , well exploration, with objeotiVe ,.1 Lad Publication side ntarket 94.00. , April 30th 1553 .,, ' .1 y well-flowe- Salt Lake Stock Market r4 ;.,. - ..,, 11 1 : 411-- , . - 1, - . -- -- -- cum; . . - . ;Is s 0604 goSo , -- , ;0203 mmkta:nimiemrGootHihdill . - 6u cit, ,,- 1 640-acr- e ' ....0403134 14- -.- f ' '- ..22()" - ripest - :40.83 ..045414 v ,,,..71 ' .:,...(:212 .. 5- . hard-presse- 1 ..02121124 t,- t t i .6 - -0- 1 E 4 . , , bilve.r-S441- , - ) ' , i , registered he - - Averages Copper,-Electrolyt- ic. , B-- 3: , .. s . 63-- i ' ' ' ' metal-,99.- . , r .trii -- , I , .. ' i . '. . . A 4 , - ., , '77i ' ,' 21,..,6.db,&111.11,.,1164111,..11-4,1bb,116- , Ilk. It 11..11.,alA11,4,94 - ---L , - 'J , 114.,,,,..11, . ' , - , . . , 2 . ' - . ,s; - 1 . , - - ' , 9 , -- l aTtE irisunnrica . -- N- 14." 21...,db, Al, Aft, ..41,,A1h.dolad A, , a.. A.. IP a A.. A. a., git. 4,s, AW , .., . a . , ,tt |
