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Show Tlie New York Stock Exchange: Final Quotations .: A 77 v , , k said. 23 "Id like , to see bankers take an 14 14 144 active political role, supporting can; 0f their choice, whether they're or Democrats, Mr. Steele Republicans ' 3 N.aia.tac Mr. Berwick ' 10 17 33 16 T 4 99 34 H we as banker fail In rplain nnr pi am In the economic system, the services we render and the tasks we perform in relation to other business including our competitors perhaps we deserve what happens to us, Mr. Steele asserted. INSTEAD OF TAKING ACTIVE place in political affairs, bankers in the past have "tended to take a position of neutrality, for fear of offending someone in government or a customer," Mr. Steele said. "Weve been too apologetic for fear of offending someone, he said. Mr. Steele, a native of Idaho who started in the banking business in 1941, spells out the approach to those' running for office as follows: Tell Bankings Story to Candidates11 "I want everyone of our association members to know the people who are running for the Legislature and for Congress. "I would like them to tell these people just what banking is, what it does and the contributions it makes to our society. Harold J. to head Utah Bankers Assn. Var Pay Id Asked 75 3 52 Aberdfl 1.17 9.59 Atfil Fd 4U7 4 62 Anri Bus 7.3l 7 Am Ortti Atom Ph 5.11 5 51 4.01 4.53 AxeH A 9.59 10.42 AxeH B Best Fd 10.10 11.04 Brood St 1152 14.70 Bullock lxjl 16.13 Con Gen 19.21 20.99 19 01 10.57 Cdn Fd CM Grit! 10.04 1097 Cap Lite 1015 11,13 CMANNINe FUNDS: 11.12 6.01 Balan 1.96 216 Com St 117612.15 Grwttl 7 90 6.63 Incom LPr 4 Keys Laiard Int Inv Stk Lite Life Man Gr Macs Tr Nat WS 4.76 15.25 16.12 20.61 7.99 6.63 16.57 23.69 11.76 10.56 6.13 26.79 15.00 16.15 5.23 16.50 19 00 22.53 6.71 9.65 16.11 25.62 SEC SER: NAT Balan 12.61 13.64 their its Spanish Fork Banker Takes Office 6.457.05 5.02 6.01 6.71 9.15 166 9.46 14.29 15.62 17.96 19.65 4.59 7.33 6.14 1.37 ft 40ft 44ft 12 66ft 20ft 6644 2544 2544 45 45ft 14ft 44ft 95ft 22ft 21 and costly City was a bank borrowers, said Mr. Krebs. York some IN DIFFERENT VEIN, CHARLES A. Agemian, executive 21.61 13.71 6.23 6.81 5.57 6.09 150 1.63 6.25 . . 20.41 11.36 15.14 16.50 15.46 6.60 Lew Cite vice president of the Chase Manhattan Bank, challenged the authority of federal regulators to dictate the amount of capital a Rank should have or raise through sale of securities or from internal earnings sources. Decisions as to capital adequacy are the sacred heritage of lank management and the regulators have no role in such issues, Mr. Agemian declared. U.S. eorrPONOln. 0.1. Bxlancg Deposits '7? (X) 4144 4344 3244 351 -r 37ft 16 4114 43ft 3244 35ft 71ft 71ft 5044 50 122ft 1324 let bank examiners decide We have no right what is and what is not the right amount of capital, he said. Most bank examiners, he said, never worked in banks dont want to because they want to avoid the responsibilities inherent in management decision making. HIS REMARKS RECALLED TO observers the long battle that the late Walter E. Cosgriff, president of the Continental Bank 4 Trust Co., had with national bank regulators and later the Federal Reserve Board on this issue. Mr. Agemian said that bankers must expect that in future, desome 70 per cent of their deposits will he in savings and that out. loaned cent 80 per posits will be the change In THIS NEW to high volume, business volume low a high margin from banking in low margin enterprise "will separate the men from the boys said. be banking, ING Gtes Archaic Approaches by Examiners emIn other statements, he said that bank examiners were to treatment of risk assets. He archaic approaches ploying added that nearly maturing first mortgages, AA and AAA rated guaranteed mortgages and similar investmunicipals, FHA-Vbut are so treated by the regulators. assets ments are not ride SHOW ME A SHABBY TOWN AND Til show you the town . bank with everything in government issues. Conservation dividend policies. Increasing funds from Internal all sources, mortgage of bank real estate, issuance of debentures, Mr. to recourse financing, before equity should be considered Agemian said. A ot He said in effect, he could never understand why the class bad a such had when so were they good, 1933 bankers thought they track record in the very period under discussion. THE BULK OF THE 4M DELEGATES left Tuesday for home. years the bankers Next yeaMS is the case every three ' ' Lake Salt in meet City. will Civil !.40g 3 CocaCol Colgate 1.30 ColiinsR .40 Colo Utah Ranks High in U.S. Jobs have increased about 1,500 from 1961, Mr. Elder said. A major reason for the relatively high federal employment is that Utah produces highly qualified, educated employes, he said. THIS WAS ONE of the most influential reasons behind the government retaining .and exthe Ogden service cenpanding ployes. . ter for tbe U.S. Internal ReveFEDERAL employes in Utah nue Service, he added. B S ColGas 1.33 ComCr 1.00 CotnSolv 1 Com Ed 1.40 ConEdt 3.30 ConsFd 1.35 ConNG 3.30 CnCoal 140 Container 1 ContAIrL ContBk 3.10 Cont Cen 3 ContMot .40 Cont Oil 3 Contrt Data Controls .00 Coopfit 1.60 CornPro lft ComlngG CraneCo 3 CrownZ 1.60 Crucible .60 Cudeby Pk CurtWr 50d 3ft 3ft 3ft . 9 364 3ft 38ft ft 7 114 lift U44 t7 113 tt t 4ft ... I 4ft 4ft 3tl5 tl 3 3tl5 3tl4 eefnpartd with f JwSmi' cx) MOV 11, 1061 8.366.876,951.34 97,022,994,236.36 107,031,144,001.40 303405,313435.46 15427454,347 J5 Salat 100sCloeCho. 100Ckn!ChB. Drer DuPont large large 25ft-26f- t, 25ft-26f- t. A medium' A smeH A large medium 10ft-20f- t. A Gash Grain Mar It (AF) CHICAGO, May 2 (AP) Tueadaya Quotattons Monday bank debit Seme day lest year Tuesday's deerlnm Same day lest year , . . $22,916,927.00 37,742.202.00 22463,100.73 $22263). 0 444 MMSoU 1.14 1.40 MitfRo MmChm MMMCe ft 21 1 ft 31 14 26 21 46 444 15 25 93 14 4 X77 14 5 119 10 io 14 n 1IV0 50 4IH 43V4 109 36M 424 41 78 86 89 7l'i S6 HookC prospectus-bookle- t man at dip this complete advertisement and tend R to: IIW HUNtAKH Main . II I. 3S4 W- 42A 39 2114 4194 48 2794 33Vi 1 47 43 17 47 3 29 42 2 33 834 26 414 474 474 2714 13 94 50HV50 4f 744 45V 7 58 Vg 17 44 19 24 XI 39 2 45 50 34 33 47 24 52 18 135 30 46 34 30 15 54 17 54 14 3494 94 26 85 45 11 45 57 8 20 45 57 14 44 19 24 39 45 34 47 57 132 46 29 564 55 34 1394 2694 4 j 8 8 24 V 44 24 44 24 2 44 24 9 9 20 24 26 147 30 35 32 40 147 30 3S S3 40 12 10 12 43 14 37 12 10 12 43 14 37 12 10 4 25 25 256 2 4 1 20 24 ft ft lft ft ft lft ft 9 i 32 55 295 1 149 Xl 30 35 53 51 84 19 41 -- V 2 37 11 , JO 55 15 50 24 -- w- 1 2 58 73 1 k WnBancp WestemPactTic West Md 1 WUnkm L4B 94 WAirSr 2.40 94 94 ... WestEIl.TO 94 52 132 46 ' 11 47 24 482 68 27 17 24 1 31 35 37 44 3- 31 31 31 18 33 42 18 33 42 444 1l 33 42 34 0- 6- 04 34 86 39 110 87 39 110 5- 37 34 87 '34 I 314 31 7 2 34 1 Cheese: Processed loaf 3JC6; brick 33V,; Muenster JMJVi; cfwdoen: singt daisies elPVnb; tewgheme ese-O- : a ft Mock Sews (wheetsl ton tow ot ft report prices; Sense (W-7; A grad dlrih grade grade C 4J5. reButter and egg whelsiile grico eg ported by Chicago 6grcentite Exchange; Butter: Steady. $1 seer ST'S; 1 scam score 546s; cartels: 57V, 0 score Site; ft score 54; 0 score 5 Eggs: Steadier. Whh are extras M mixed large extras 27; mgdiums 231 standards 26; dirttes24v checks 2 Potatoes; Total U V shipments 475; new arrivals 46; beck ft; 474 122 40 4796 39 39 34 35 33 33 3S9a 35 . D-- 51 34 37 45 11 - 1- 52- 9- 47 '35 44 12 44 9 4- ' CHICAGO. May (UFO Live henst ooxrttry: Heavy NVs-f- tt rooster fed White. Reck tryer 40 47 39 36 33 2 . Produce Market 4H 6 15 29 51 42 122 3 51 25 42 23 125 48 41 X35 1- 2- 43 14 4 7 4 14 29 82 ample JO ... WarnLm 4 WastiP 100 1.20 WVaPv k t 94 WstAlr 1.11 4 Wst Alii W Y ... 47ft 23ft 33ft ft ft 12 Weverb 1.20 Wheel Sti 1 194 WhlrM 1.80 WhMot 1.10 White Strl 304 1 94 wncoxOil 54 Wilson 1.40 55 94 WirmDx 1.00 34 Wootwh WinnDx 1.00 Wooiwh 2.80 Worth ingtn Wrlgley 3a 474 37 1 Ward Poods W 3 41ft 47ft 47ft ft 41 37 47 4 Watwlh 2794 50 74 45 57 17 4494 19 24 39 45 36 Walgreen 74 J . 25ft 35ft 35ft X26 IS 41 29 57 14 10 Vanad JOto 34 Vartan .20 4e VictorCp 14 VaEPw 1.12 41 46ft 37 14 N 74ft ft 4tft 46ft 1 21V4 33 47 74ft 55 37 60ft 43ft 46ft UGasImp UdSboa 150 US Gyps 3a USIndust 44ft 13f- t- 41ft 13ft 60ft ft 10 1 73ftl 30ft 30ft 57ft 56 39ft 7ft ft ft 57ft 55ft 55ft 73ft 36 63 -- U- 1.00 VulcanM V4 . 1 24 94 4 5 39H 50V4-- 1 17 33 984 23 471 41 50 55 9 77 24 95 3 40- H 14 55ft V494 9 94 re lift lift res n rft ft ft l$ft lt 43ft 43ft 43ft . 13 36 14 27 13 114, 30 3- JZ 1.40 11 42' tiongl Association Irtc do not raproMnt ochol trunif Hom. Ttity gr g gwido to too now within which tooso securities could bovw or been sold (indicated by too Mbxr bought (indicotod by dig osked) at toe time of compilation. ... 34 good: I6 39 110 Y4 Track sates (MB ft XYZ U S. IA antes 6065. Street sates: Alabama round 1184 1194 355 120 74 44 28 39 122 48 Californio 45 39 45 37 47 1 -1 4714- I Markets in Brief NEW YORK. May H (API-St- ock Higher-- slow trading. Bonds Mostly higher; long sdMtss nd 10-5.5- 0075. bakers 5065; Arizona round reds Tsxas round reds (5 ft) J-Old eotetoes: Arrhrete 1- - track 7$; mnltes light; dgmand moderate; marks! abaut steady. Track teles: Mlnnssete Nerih Deketn Red River Veltey round reds US. 50 65. Streri sales: Mahn russets bakbakers 7 2S7 5B: Wnconswi Minns tote Norte Dakota Red 15; ers 7S-restate River Veltey round rads 0. Cotton house Week; commission Onions: Chkag Wheal Lower; profit cashing. Com Lowgr; liquidation. Oats Lowor with com. Soybeans Lower; liquidation. Hoes Weak ft 50 fewer; top 17$. Slaughter steers fteedy ft strong; top 21.7S. Arrlvote 4; track 44: srentteo best elightty then ear. dud k Track salat: Texet yedasr Grand teran US. Street sales: Texet yellow Granex medyadewr I. 02.00, large 150-17Grans large 1JS4.1S; Caiiterala mhn ium mediums 2.75. 1.20 140 M0g 44V 44 44 13' 44 434 43V4 764 11 HousLP .72 HoweS .30d HudBy Hupp M 23 1d ( 127 TV 4H M 1346 13'4 7V0 wm iYlO.UR E REALTOR WEEK ... MAT w 24-9-0 vr Vb . 14 i MOVE UP 70 MORE IN W-- A BETTER HOME THRU A REALTOR READY . Themes V. Chmnherftia Tom oind Continentol Agency in 143. He obtained hit C.F.A. tificate In 142 and erorkt in claims deportment investigating cloimt pnd hondling fMthti for Hto compony. Cn. cer- DA httalL lok Ml IT j A , ii As i IM , liUJ Ui$liLL4LIifl4.i t' ' ; ' f- (I 9 (iffiD T ft, et. '(4 fr in.; . 'I "I-i- MuT-i- i Your Working Partner the CONTINENTAL AGENa CO. 32 lest 4lh tenth rib tEtLTOt te4 tt teal erg rtfirignd Fitget OHR nd my he esad self I wiwilrt 1 tk Betieatl AneciatiM et But Eltltt Betidb y .i.r.c" ms lYiOUR i- - j i V4 YOU Fora V4 Vi 94 I08 e 12 25 13 28 34 59 7 1 XeroorCp .41 YongST 1.80 YgtSD 1.20a Zenith 1.20a SERVE 5 MUTUAL FUNDS 424 45H lUb 12 24 13 28 34 59 7 M 57ft W6t 57ft 55 73ft 11 30ft X7 56ft 36 44ft 34 13ft" ... ft ft ft TO exclusive national distributor for 94 Tuesday's Quotations 89 13 5$ 4 90 4 2 131 hu 4Jb 474 Hallfbrt 2.40 . -- 14 43 4 33H J3H 33b-- M HemilP 1.40 VS 37 7 37)4 37 HerbWr 1.80 43H 43W- -I J00 44 HercPd .40d 3 3 H 4 37 Hershey .70 - 12 16'4 live ltv Hewlt Peck 4 20 201k 20 Hilton Hotel V 13 4114 40V4 406 Homest 1.40 3Vt 133V4 133 77 134' Honeywell 2 Spot Metal 4f 41 . . 94 25 13 28 37 at los 4 USPipa 1.20 itH 24-- 3674 . . USPIC 1.10a 14 US Rub 120 254 414 4C4 4- 0- V4 USSmd 92 USSteel Id 414 414 41V4 57 57 57 USSttpf 7 4H 0 USTob 1.40 ; 75 75 75 UvCvSt 1.40 1 78 94 Upjohn 834 71 344 34 4 344 V4 UtahPL 1.32 36 4 374 44 14H 14H 1.40 V4 VanASt 3fr94 35 ve 35 1 23444 71444 41 H M JO Min PL 1.00 Miuoifl .80b 26'4 27ft 27ft .. 45ft 45ft 45ft . - Mo KanTex M Mo 43ft 43ft ft 43ft 1.20 14 Montgn 27ft 274 27ft Mnt DU 1.40 21ft 21ft 21ft 37 324 32-4- ft Mnt Pw 1.12 55 ft Montgcatn 1 554 55 MontWard 25 24ft 244-- ft 53ft 52ft 52ft J0g ft Morrell 31 Motorola 1 31ft 304 Mtfuat 1.40 24ft. 23ft 22 MurpC 170 71ft 44 34ft 33ft 33ft 255ft lft 255ft 256ft Natfi he 1.70 32V4 31ft lift NCshR 1.20 NCityL 1.20 ' 33H H N Dairy 2.40 3414 k NatDist 1.20 47 (JVi 94 NatGypa 2g 15V 15H 15 N a Lead 75d V 135V 136 Vs 135V4 .009 42 4-- H NtStar 4V 4 Nat Stgei 2 40Vfc 4M4 40'fc Nat Tea .80 V9 19 19U 19H W NgvadPr .40 7Mi J7H g Newbarry J 9g 17? NEngE 1.14 8 Newfnt 1.20 NewptNSh 2 NYCen JOb NYCItSL 2 Mob 2 4ft ft Nlag 4 27-ft NoflOW NoAmA 2.40 34e ft NAmCar .00 4$'e ft NoNGs 1.80 44ft 1ft NoPac 2.40a 3$Vs ft NStPwr 1.34 204 GtAP M0g GtNPeo 1.40 Gt NorRy GtWSo 1.40e Greyhd 1.30 GrumA 1.50 GultMoOh 2 Guit OH 1.10 No 1 yellow 1.29; No I yellow Corn sample 1.29; No 4 yellow lJ4ft-U7f-t; grede yellow 1.07. N 42ft white No I heavy Oats No 1 yellow L53N. Soybean 6.45N. Soybean oil Bank Gearings 134 41 79 87 89 UnTank M0 UtdAirc 2 UWAM. 1 UnCora 3Sd 1 UMEngFd UFnnt .40 864 87H1H UtdGas 1.70 1ivg 1IV4 W UttJPkCM 58 flVk UWUtils 1.20 GtmbIS GnAccept 1 Gen Baking Gen Dynem Gen El 2.20 Gen Food 2 GenMIll 1.20 GnMot IJOd G Preen 1.20 GPubUt .1.20 GenSlt 1.20 GonT&E .88 GenTlro .50 Genesc 1.40 GePscCp 1o Giiiett i.iog Glen A! .50 Giktten 2 Goodrh 2.20 Goodyr 1.15 GreceWR GronU 60g Grant Spot NEW YORK, May 2 (AP) metal price Tuesday: copper Connecticut 32 cents Valley; pound. 131 New York; zinc 13ft, East lead St. Louts; tin 1.39ft, New York; for1.293 troy ounce. New eign silver flask. New York; quicksilver 265.00-264.0-0 Wheat- -a York. Eggs (prices by loose doien) Grade medium 29; B AA 36; A large ib r todies Week large 25. R Cheese-- 40 lendwlch leet 43ft; mlk) 40ft; 5 longhorn 44. Butter 93 tegro 71; 92 score 66. 20 score 0; 44 1.50 Merck 2 MGM 1J0 ft 10e email Dairy Market 17ft 144 144- -ft ft McKtu Sift medium A 7ft 17-- e Grain Futures A 17 22' ir 45 44 14 X24 4S 25 32 13 8 42 48 9 50ftlft ft ft ft 23 ... B large 29ft-f- t, AA medium AA me Tlft-Mfconsumer AA large AA email 74 May DS2.20 McCrory .10 McDonrH 1g McGrE 1.40 25ft 421- 55ft A grede AA uldK 17 15 EsstGF 1.40 East stl .22a EastK 3.300 Eaton 1.60 E 5 0 1.60a EIPso NG 1 EltraCorp 1 EmrRad .40 End John Mey 2 AA 22 ft ft lft ft ft E i.yv 7, 424 Pk 41 Bid IAked roastPoultry: Fryers (et ranch) egg type hene (at er (at ranch) wtd eve 4.42, (delivered el ranch) ft wtd avo 6.21. Turkey: Young Plant) 6-yearling hens 22, fryer roaster 20ft-2- hButter: 1.20 3d 2 Ddtl Lt 134 distribuEgg: Price to retailer fob tor Plant (delivered lft higher) AA extra A extra erw WftOft. large 31ft-35f- t. 14 524 524 21 21 .50 .60 .04 .06 .15 .25 .45 .23 1.40 4.25 2C, 62 227ft 299 68ft 68ft 444 20 14 .35 n 13 61 UnCbOe 3.60 Un Electr 1 UnOil 2.40a 1 Over the Counter -- T 5k UnPac 94 421 45 10 139 47 Udyltta 1.20 ft 4 ft ft ft heifers 100 100; lew standard end few good 1600160; utility end commercial cows 1375-1-5 75; calmer end cutters 13.5014 50; to commercial butts 17.00175. 300; Sheep spring slaughter end Porn ileupler ewes steady; 1 lots chetce end grime 65 C sieugnter lambs 350; mostly cho.ce 94 33.00300: cull ft eood thorn slausntor ewes 5.00 50. . -H 42 7 14 38 14 6 50 50: several loeds mixed good and choice standard end low good 14.75-1- 6 75; choicn 55 41 594 cho-c- 175-30-3- 1 94 58- 77 112 30 10 24 TransWA TriCont 751 JOthCF .15a lft ft ft 40 79 32 11 31 Trane 1 Tmsam .10 Transitron ft D t DanaCp Derco DayPL 1.06 DeticaR 1.30 1.20 Deer DelHud JOd DenvRG DetEds 1.20 Dio Aik 1.60 Diner .50g 1.60 OsitSe DrPPpr .60 DouelesA 61 DowCh 1.00 East AlrL In ... ft ft ft 91 40 79 32 58 55 15 55 77 42 13 .40 Ut 170 TimkenCo 91 44 15 55 77 42 . 8 3 80 .40 .80 Tidewater ft 109ftft 21 33ft 34 46 624 4 290 1 68ft 17 52ft 73 23ft 16 4ft 17ft 14 14ft 34 TrurY 72ft 109ft 1034 23ft 27ft 11 CurtlPub Egg Market 35ft-5lf- t. 1.00 Thiokol ThoRW lift 71lift lift 71 24 40 350 47 S.I7ft LOS ANGELES. AA 1 45ft 44ft 45 11 120ft 120ft 120ft 44 45ft 45 454 31 16' !6'4 16ft 77 13 12ft 12' 474 66 67ft 47' 41 21 27ft 21 39ft 38ft 39 25 33ft 33ft 33 22 40ft 48ft 48 ft 17 65' 64ft 65 111 40ft 50ft 56ft 30 63ft 42ft 63ft 50' 40 50ft 50 14 33ft 33ft 33ft 14 25ft 24ft 25 4 57ft 574 57ft 47 51ft 50ft 51 .40 .30 .01 .13 .43 .10 t SwtfKo Textron VM CHICAGO, S In .40 33 79 32 59 54 42 45 1594 54 1.20 SunshM SunOil Tex C 15463,44640144 to itatutory limit. it 15. Chhrf Con. Ptd. 62 ot 1.60, 1 MO t 1.70, 400 lit 160. Colortdo Con. 500 ot Continental Prop. Inc. 1.000 ot 36c. Crown Point 300 el 55c. Eurgke Oullkn 1,000 o 6c. Grend Dynast 200 ot 57fte. Mtintlc OH 700 ot 1.40. ot 4C Mt. Stete Drv. North Lily 700 ot 75c. Ronton Coel'n. 4J00 et 6C. Sage Oil 100 ot LSI AOO. Tintle Stenderd 100 et Umtrd Park City JCOet l. Weter Wondertend 1.000 ot 15c. Willis ton ICO et 75c. retired or out of banking. StauHtr Std Find M StdOHCal 2f TexPL .35d tubitet 1 1ALES . Bonner 100 1 24.00. Bristol Silver 11,000 Loot Monorch not And finally, be asserted that banking management would 1933 is either in who in was banking until everyone be energized Walter E. Elder, regional director, U.S. Civil Service Commission, noted Tuesday that Utah ranks second in federal civilian personnel, with approximately 29,000 employes, in a comprising Wyoming, region Arizona, New Mexico and Colorado. Colorado has die most em- Seles 170 270 2.80 Rnd iparry 1.20a OurD StBmd 2.20 - 91 61 X24 77 44 18 29 49 16 370 44 2.40 1.05 TexGlfS Tex I ns tr sEJaSm? Colo Con Con Mtoe Iny 1.10 Combined Met .12 .14 Comet Co Cont Prop Inc .34 15ft Con. Eur .03 Cr E Oil 02ft Croft 52ft Crown Point ,02ft 1 Diamond Sees Need to Update Management Socony SCaiEd SttmCo SoNfOg SoPac SouRy TannGasT 1 Texaco 270 TexETr .90 TexGTr 1.00 TexGPr Ih 1( debt not 19 UOa SmiHC StdPack 6.349410, 034.3 " .10 Cochin Sinclair 1 SingerMfg Studebakr $uburtG .40 SrarDX 1.40 potition N US. I J4 OP Banner .06ft Bristol Sltv .06 Bullion .02 Builion Mon ,15ft Cardiff 2.00 Chief Con Chief Con Ptd 1.10 J1 Clayton SHv Simmons -I- - StdCHIInd 2g Std NJ 1.40d StdOitOhio ) - CtoseCh. In M0 Shelter V Sheratn .40a ft ft ft ft Tuesdays Quotations Sale ShornOU 1,J Sharon JOd ShgOOil V- ShaiiTr .519 StewWn 1W Stone Web 3 ShettDn .39 Sonotono Cp StdMet ,30d Syntax .300 Technics .50 El Textron Trl Contwt UtahlS .50, Webb Knap WNuclr .10d Wllshlre Oil 1m 6362,158,777.05 Include Smd SrvH NEW YORK. May 36 (AP) 1.4 140 Stanray J5d Starling .45 Treasury (AP)-C-aM '42 Schlum ScottP .90 YUrQAL N ft ft ft Cattle 3.000. calves 30; tredine aft ft sleughler steers and heifers active; steady .ft le - etren ' - eows Aes lv tl ft bulls steady ft weak; load mostly hmfs steers 31.ee; choice 1,325 ft Slaughter e small lot grime 1.25 ft 21.75; most 1,0001.300 ft good 1 30- JOftlO 1.30 Poor's Closing; 500 Stock Index & ft 3 StReg 1.40g SanDgo 1.40 Sang am, El Scneniey T SctUff 1.40 t 1 JulY StJosLeed ... Pert Photo 1 Hag CHICAGO. Mey M 5,500; slow; barrows end gills week ft mostly 35 lower, spots 5 oft; sows steady 0 barrows te 35 lower; mostly Z 10-32around 156 heed end gilts 125-1710-3mixed ft 1550-17175; 240-3- 7 3 ft 175-1- 5 75; ITOJO ft loo--i ft sows 14.71; mixed 3 150-4-0 S ft 400500 ft 13.501375; X37 654 54 544 5 54 60 30ft 30ft 4' 3 35ft 35ft 15ft 15 ... 10ft 15 19ft 19ft 19' 45 45 49 44 61 32 42 36 53 364 34 29 48 46 46H 113 113 48 113 5 5 5 6 15 35 35 35 19 16 20 20 44 43 99 44 72 2 22 22 20 20 20 , Xl 9 9 33 9 54 54 18 55 47 47 148 48 1.60 Safewy Btixjix 140 BetbStl 114 BIwKx 1.40 BlissEW .00 Boeinf Co BordenCa 2 BorsWmr 2 ft .: vr .37 .92 44 Salt Lake Stock Exchange in the world to ' ,i4C' IZ' Says Bank Examiners Overstep Selves PROGRAM-REPRESENT- Y vwr fUcal 3 J5 Belllnt. Ckg. 46ft 46ft 46ft .My bonds 10 hHpt grade rails 10 2nd grade rails 10 public utilities 10 industrials Babcock Wx BaidLH .40 Balt G OMo 15.64 17.31 BanorA JOt 9.56 1045 Basiclnfc .50 6.C6 6.61 Bathlron Id 1.4 4.61 5.04 BeatFd FUNDS: Beckman 16.29 17.60 BeechAC .60 11401464 BeechL 1.10 JTd .30d WASHINGTON, 40 .OS StanWr Aeroiet JO Aik) Con .4 Am Pet .15d BaldS ,9d 13 1.33 ft lft ft ft ft ft 1 Brown BunkrH .30d ChiefC Min Clary Cp Cont Te Creole UN Che. ft lft 14ft 44ft 95ft 22ft 194 194 130 130 3244 3244- 37ft 15ft Standard ft ft ft ft : BritPet 011.92 204.47 140.49 289.90 134.00 5 ft ft 41ft 44ft 12ft American Stock Excliang He gave an example of a prominent businessman in the Bay area who had been providing his bank with unaudited and doctored figures for years. As a result, the banks work out de- - Clot Ten Leading Stocks . THE eluding support for the freeport amendment and for greater minting' of sflvercoins'bylhe federal" government: ' Ward C. Krebs, senior vice president of the Wells Fargo Tuesday's Quotations Day M ,15d Bank of San Francisco, Calif., said that with 1964 business good, All tales kt hundreds (00) omitted for those designated (2) vAich Dennison the bankers should go to work and clean up loans, getting back except Eitei McCul and carried In lots are traded in fulL DIVIDENDS: (a) plus extra; (b)- EquitvCp II to sounder lending practices. accumuon Fargo Oils ' paid last year; (ci payment lated dividends; (d) declared or paid sa Fet Pet .15b Firth Stg 3k cash should no loans (e) BANKERS rate; that KRERS THE i, this year, WARNED regular MR. 1 FIvTIger 5k isnfbutkSv (n'Sr Frontier Air ih be looked at on their own merits and not because of business com- bor- cent in slock, (k) per cent In stock paid HeclaMn Holly Corp FRACTIONS: petition, customer threats or the moral guarantees of the last year, (x) OilC (f) Indicates following figure is traction Husky ind rower, unsupported by collateral. in 37nds; (i) indicates following figure Kaiser .15d Kilemb followbeen who has Indicates man getting is fraction In 64ths; (r) Another type of borrower is the KlrbyP .13d in 126tbs; (s) traction is ing figure MeadJn 46 away with murder because he is so good that he doesnt have indicates following figure is fraction inIs Motvbden (t) indicates following figure to give audited statements or refuses such statements. If he 356!hs; MtStsTtT 1 in laths. fraction .13d is willing to have us trust him with our money, he should not be NEW YORK (OP!) Selected slocks on NatVde NJZinc ,60d PirkM New said. Tuesday: Stock Krebs Mr. American Exchange the insulted if we ask for proper figures, Ogden .50b Unaudited Borrower Gives Real Trouble Low 014.00 205.30 140.00 201.97 Calves 25 A lot good 2M to Hoes 75 Barrows and gifts steady; 2 0 lot 14 21S to grainfed to 15.75; 3s 330450 lb 7 9.6110.39 Earlier at Salas(Ms) High 204.47 traded Number securities Advances Declines Unchanged New htghg New lows ,JB AmCyana 54 4144 A Elec 1.16 13 444 AmExp ,7ie 13 1244 AmForP .75 5 66ft AHom 1 169 21ft AMachF .90 6 2ft AmelgmeledSugtr, 44ft AMtClx 1.60 14ft AmMotors 1 44 AmNIG 1.60 96ft ASmelt 3 20 1 224 Stend Am 20 AmSugr la 325 130ft Am TIT 4 121 32ft AmTob 1.60 1 37ft AmZInctd I ' 14 1644 Ampex 14 , 41ft Amsted 180 7 44ft Anacon .50d d 32ft AncHG 1.40 37 .92 35ft ArliPSv 20 714 Armco Stl 3 504 33 1.40 Armour 4 1224 ArmsCork 2 AshldOl 1.40 Atchls 1J0 AttCitLn 1 All Ref 140 Atlas Corp AvcoCorp I 1.14 6.66 7.53 6.34 Intcn KEYSTONE: 4 10.76 Die 9.67 Inc K2 5.62 Gltl HGr l 14.56 13.75 Inc 2 App 3 16.64 n I 1 INVEST CROUP: Mu 70.59 77.26 Stock 10.47 11.20 Select New York (UPI) Following Mutual Funds prices from ! 110.92 44 6144 1946 14 6144 1944 14 Itf.lf 204.77 204.79 204.74 204.79 021.44 120.12 ftr 1 ACrvS Hid Tuesdays Quotations Bond Divid HE SAID IT WAS APPARENT THAT commercial bank comPf Stk 1.74 1.90 Incom Sped pro- Chem relative strides in selling Stock Fd 13.91 15.21 petitors have made 11.33 Grwtlt 1037 exCm Inv no grams to legislators and the public else there would be Diver Gr 10.00 1093 One Wm 9.50 1041 In Opph planation for the growth of savings and loan, industrial loan and Dive 3.75 4.11 Puritan Divid Sit credit unions in the field of financial service. . 20.32 22.09 Putnam Dreyfus Bal 13 45 14.32 Put Grit) Mr. Steele now believes it is bankings turn to tell story. Eatn ; Eam Stk 15.60 16 86 ! Telev El 11.57 12.5 TwnC G Fid Cap Fid Fund 16 04 19.50 UNTIED 10 63 19.17 Accu Fid Tmd 9.9210 64 Incom Fid Mut 5.33 4.67 F CO Un the sessions, Wallace H. Gardner, executive vice F.I.F. 7.38 6.07 Val Lina Fnd Mut Val -' Inv 11.0612.12 Line Fund . president of the Bank of Spanish Fork, was named vice presiVal LSpi GROUP SEC Com S 14 4615 63 Vsngrd dent for 1964 of the banker group in convention here. Incrp Inc 9.91 1063 WallS In . Fred Eberhard was renamed secretary-treasure- r. Incrp Inv 7.64 6.35 Well Fd Inv Bos 13.32 1456 Wndsor inof A SERIES BANKERS ADOPTED resolutions, greater Am Can ACheln AmConsu Fund- s- --Mutual 020.fl City ef Industry Cattta 500; slaughter steers stow steady; cows moderately active, futty steady; steers tow choioa 1.300 to. 17.50-1-0 to. 19.50; standard 00; betters standard 1.150 to. 17.00 cows utility cutters HOP 14.00; canrers 31ft 31ft ,31ft ... 7444 7344 73f- t- ft ft 44 $ft.H'46f 132 4644 454 45f- tprice end net change ef the 10 7 53 52ft 53 ... dosino mod ectlve stocks Tuesday: 44 3544 37 47 37 3 43ft 43ft 4344 ... Have llt.MO 46ft 4 44 54 X4 54ft 54 107.600 554 Tex Gulf lut ft 19 1? X. It Etwyeler 11 56ft 55ft 55ft . 14 714 6ft 44 X$4 AmAirlliw 1 Am BkS 366 AmBrPar RgRg Hourly 3.030.000 Law CM Cha. 11 .m. 1.150.000 Noon 14 67ft 67ft 67 1 2.490.000 4544 4444 4444 H 2 p.m. 3.030.000 p.m. V4 1514 15 Vi IS 3.700.000 3 P.m. 4644 464, 14 40 4r 290,000 Total . 54ft 544 ft 54ft 264 26ft 27 Vglumg High 114 lift 114 . . Industrial 024.01 377,100 4144 41ft 411V ft Rails 206.2$ 04,900 53ft 52ft 52 'ft ft Utilities 141.37 58,000 5244 5144 52ft ft 21.09 522,400 Composites 3944 394 40 ft Commodity futures index 244 20 14 67 X103 slaughter classes steady; 21.00. Furnished Ny Beedbsdy a C. Member ef the New York Stock Exchange Mtak 14 200 Tuesday's Quotations Tuesday's Quotations Salet(hds) Calves good and individual we chorea 200400 0 to MJto lb. 204044.25; standard Dow Jones Averages itockt NEW YORK IUfl)-M- M the Ntw Yerlt Stock Exchange Tuesday: Ogden. t hr Ltcal Merest sleek quetatten hM hr Ow WIMr 4 C.i J''.- ' New York News Chicago Tribune . - . l AP UPI New York Times Chicago Daily News By Robert W. Bernick Tribune Business Editor LAS VEGAS Harold J. Steele, the new president of the Utah .Bankers Assn., believes his fellow bankers must take to the political field as never before. "Basically, as far as I'm con1 cerned, this is an election year, said the executive vice president of First Security Bank of Utah, NJLr on taking over UBA leadership .from Robert G. Hemingway, president of Commercial Security Bank at Livestock, Wool tops NEW YORK, May 24 AP end wool futures were lower Tuesday on commission house selling. Prices were reported higher at the Australian snoot auctions. Wool futures cent to 1.3 cents toer. closed ,7of LOS ANGELES, May 25 (UP1SMNS Certificated wool spool 131 .ON. Artesie-Oeirv Wool tops futures Closed . lower. Valley Cattle 900; ttaupti' ter steers slew steady tg 50 toner; bed Certificated spot wool tops 149JN. 8-- 8 ers to 25 lower; cows moderately N Nominal. id; steady active steady to 25 higher; slaughter T-lb 19.21; stands' steers good 0 to betters good 0 to cows Utility 14.00 15.00; Cutters UJ0-UJCMMfl 11JO 12J0. Markets alt fide . , Wool Market Finance Markets Mines Accept Role in Politics, Bankers Lender Urges t JJ The Salt Lake Tribune, Wednesday, May 27, 19G4 Up and Down tlie Street riiri ( r it mm mb .y |
