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Show r,lyxrif',',ryp w v- w-- -f1 r rW e y ' W- -sr wS w " ' " ' The Salt Lake Tribune, Tuesday, April 28, 1960 Up and Down the' Street Clinic in S.L. Here and There in First Security Aides Call for Stock Split By Robert W. Bemick Tribune Business Editor Directors of First Security Corp. at a quarterly meeting MondayJacted to increase dividends, proposed a split in stock and a 2 per cent stock dividend. J Hears of Sales Woes - r. t - MR. BASS, A, resident of had voted a semiannual dividend of Oklahoma, spoke at a clinic 90 cents a share and also approved a , at the Alta Club Monday after.call to special meeting of sharehold noon and evening sponsored erso increase capital stock preparaby the Utah Mortgage Bankers e stock split. tory to the Assn, headed by Ernest A. The Nelson, vice president of Zions distribution 'J First National Bank. on half year basis represents an increase of five cents a share, bringing 'Vjle presented a plaque to Franklin D. Richards, Jr, Salt the annual rate of the corporation to Lake City, out going president $1.90 as against $1.80 paid in 0959. The dividend approved Monday will be paid B. B. Bass . . . Denies loss of the Utah group for servof homes to tight money. ices in 1959. June 10 to stock of record June 1. S. George Eccles, president of the corporation, announced after the meetings Monday that directors had also authorized the stock split and stock dividend. "Upon approval of the increase (in shares) by' the stock- Dow Jones Averages holders, it is the intention of the board qf directors to declare Furnished by J. A. Hogle & Co a stock split and to declare a 2 per cent stock Members of the New York block Exchange ' dividend, he said. Vol Indus Rails t A-Pow- Business Plant Announced er nally supply energy needs for schedule would benefit buyers a city 9f half a million. homes, largely of middle-priceprobably paring about $300 off FILt Payments Eased a presently-requirepayment Ad- of $1,100 on a $17,000 house. WASHINGTON, D.C. ministration housing officials Scrap Copper Rises are expected to announce shorta ly lowering of down payment The custom NEW YORK requirements on homes - pur- shielter buying price for scrap chased under the Federal Hous- copper moved up ing Administrations mortgage-insuranc- e cent a pound to 23 cents a program. pound for No. 2 copper wire FHA COMMISSIONER scrap. This Is equivalent to Julian Zimmerman may an- 30 cents a pound for refined nounce the move at a press copper delivered three months conference s c h e d uil e d for hence. Thursday. Its understood that a final Diesel Service Cut decision on cutting the down SAN FRANCISCO, CALIF. payment is being held qp pend- Western Pacific Railroad Co, consultations with other ing Monday announced it had final re- government agencies ta assess notices to discontinue with closed water 300-tolocal actor In which uranium oxide impact of action on natorial Diesel car service effective economy. elements are suspended. fuel June 1, between Oakland, Calif, A plant this size would nomi ntw and Salt Lake City. LOS ANGELES -C- onstruction of a 360,000 KW atomic the nations power plant largest is planned in the Los Angeles area next year by Southern California Edison Co, it was announced Monday. Negotiations have been opened for the plant- - with Westinghouse Electric Corp. and BechterCorp. The worlds largest reactor would be installed in the plant costing 70 million dollars. Based on Westinghouse and Edison studies, the plant would be economically competitive with conventional plants over its lifetime. It would take about four years to build the plant, equipped d one-fourt- h 1 the Proposed New York Stock Market Livestock American Stock Exchange Markets 560,000 614 20 1.170.000 61191 1 690,000 610 41 .1 OQj 000 .Jfi 1 (LQ$ 2.430.000 outstanding after the - nouncement split,. he said, quoting directors an- Vol.- The board also approved a deferred compensation, profit-sharinplan to include all employes and officers 30 years of age and older, meeting certain service requirements. This is in addition to employe benefits in effect for many years, including First Security retirement plans participated in by all r service. Employes also employes 25 years of age with participate in liberal life insurance, hospitalization and medical benefits, Mr. Eccles said. g one-yea- THE CORPORATION PRESIDENT also announced that net operating earnings of First Security Corp. for first quarter 1960 were $1,259,829 equal to $1.03 a share. This compares with net operating earnings for like quarter 1959 equal to 1.01 a share. With our entrance into another decade, First Security expresses appreciation to, our customers for the substantial growth they have helped our bank system realize during the past 10 years, Mr. Eccles said. Resources Total $542,789,928 First Security Corp.s total resources at end of March, 1960, were $512,789,928, compared with $280,500,004, 10 years ago. 'This is an increase of 93.5 per cent for the systems ' banks. Z' . LOANS OF $291,212,045 on March 31, 1960, were up 172 million dollars or 144 per cent over previous level 10 years ago. Deposits increased by over 216 million dollars or 83 and twenty-twper cent to $475,802,198 as of March 31, 196a ynd the number of deposit customers of the area banking organization at end of the first quarter were 337,316, up 155,401 L. s or 85 and per cent, he said. Loan customers numbered 99,323, an increase of 45 per cent The banks affiliated with First Security Corp. in Utah, Idaho and Wyoming now have 73 offices and five military facilities, an increase of 90 per cent over a decade ago. four-tenth- FIRST SECURITY CORP. NOW has 3,592 stockholders in 2,931 (81 and per cent) reside ' served by the bank, he added. cf whom thp-Hfe- a s Emphi asizes Real Estate Program The system books more than 100 million dollars in real estate loans for homes at this time and "our banking offices in addition are now servicing another 84 million dollars in real estate loans originally made by First Security, but subsequently sold investors, Mr. Eccles noted. The bank president said that recent additions to capital funds of First Security Bank of Utah, N.A., and First Security Bank of Idaho, N.A., have increased the bank loan limits. "This means that a single borrower can now be accommodated to the extent of approximately three million dollars in loan money from our combined banks. "THUS WET ARE ABLE TO accommodate the largest busi ness borrowers as well as the personal needs of individuals he said. . who bank with us, Expand System Since First of Year Since the first 'of the year, the banks in the system have 'provided new homes for offices at South Ogden, Murray, Utah, and Mountain Home, Idaho. Two First Security motor banks have been opened at Boise and Nampa, Idaho, and extensive remodeling of Ogden office Js under .way." "First Security Bank System soon will introduce this' to be located on W. areas first portable bank building said. he Lake Salt in City, North Temple New offices in the Skaggs Shopping Center at about 40th South on Wasatch Boulevard, Sa& Lake County, Will be occucon-trapied this year by affiliated Union Bank & Trust Co. and a has been let for a new $100,000 branch building at Vernal, Utah. Construction is also under way on a new building for the Highland Drive office in Salt Lake County. ... Hill Creek Second Test Slated The famous Hill Creek Structure sometimes billed as the only major surface anticline in the Uintah Basin is Elated for another test after passage of about eight years. OIL AND GAS CORP, First Security Bldg., 5,100-foo- t wildcat well to the Monday reported it will drill a on the formation play. Wasatch Location of Hill Creek Federal No. 1 Is 500 feet from the north line and 500 feet from the west line, Section 23, Township 11 South and Range 19 East, Uintah County. SHAMROCK All LONG DISTANCE MOVERS PROVIDE CERTIFIED SERVICE BUT.., ONLY -- lxrw Close 61113 617 00 J42 87 69 78 204 68 607 71 140 21 88 87 201.71 99 05 202 72 445 19 141 89 519 -- 1 72 .60 1 68 21 10 10 10 19 Poors llt Produce Market 67: 24 Hour Service . "ACCREDITED SERVICE! n To) Cji U Ln Ljvl f 449 local and long Distanco.Moving.CalT EM New York Bond Market Mondays Quotations SO. MAIN UTAH DUtV-U- SELF - u , Sales In $1.000iCioteChg. Sales in $1.000iCloseChg Sales in $l,000IClose!Chg. Total American bond sales Monday, $90,000 I960 to date, $9 722,000, Total N Y. bond sales Monday, 65.640,000; 1960 to date. $454,528,150. Salt Lake Stock Market Mondays Quotations Big Hill, 1.000 at 17c s Bonanza, 3,000 at Gold Chain. 1.000 at 3c. Leonora. 5,000 at 2c, 1.000 at 2c. Miller Hilt. 1.000 at 3c North Lily 100 at 95c, 300 at 90c, 100 at 92 c Park Nelson. 5,000 at 3c. Royston Coaln, 4,000 at 6c. Ttntic Lead, 1,000 at Tintic Standard, 200 at 95c Western Alloys, 5,000 at 3c 3e Grain Futures Mutual Funds 2c. Bid d EM4-641- 1 NEW YORK, April 25 (AP) Stocks Lower; general decline. Bonds Mixed; corporates off. Cotton Higher: trade buying. Chlrsve What Lower: old crop weak. Com Mixed; light tiade Oats Slightly lower; scattered selling Soybeans Mostly steady; old crop weak 0 Hogs lower; top 16 60. Cattle Slaughter steers steady to 75 higher; top 32 25. U.S. Government Bonds Dow Jones Service NEW YORK, April 25 Closing dealer's markets (bid and asked fractions and changes in 32ndsi: Eg" Market LOS ANGELES, April 25 (UPL FSMNS) Eggs: Prices to retailers fob c tributor plans (delivered 1 higher) A A extra large 42-4- 5 31, AA A small large dium 46-4- small medium A me- 32-3- consumers 23-2- AA A A meA large AA A medium 43-4A small 30-3Fryers (at ranch) 18 21, Poultry: hens hens cross Butter: Prices to retailers AA 68 73, A Earnings Cash Grain 25 April (AP) No wheat, oats or soybean sales. Corn No 2 yellow No 1 yellow 122-23; No 3 yellow 117-2No 4 yellow 1.15-2No 6 yellow 1.19-; sample grade yellow 1.19. Soybean oil 7N. 1 15-- 1 25N; Barley: Malting choic feed 92-- 1 05N. CHCAGO. the quarter ended April 3 amounts to 81,615,000, equal to 37 cents share, compared with 81,589,000, t 12J; S.L. Produce Eggs (prices by foofee dozen): Grade AA 39. A Urge 36-3- 7 medium 34 B Urge 28. Cheese: Mild loaf 41 mild longhorn ended March 31 Net income 829,118 971 3 03 A share Feb 27. 1960 and Feb. 28. 1959 Net income 8 7.354,045 8 8,44 1 74 164 A share S.L. Bank Gearings Mondays Friday' Quotations bank debits Same day last year triplets Butter: 93 score 70, 92 score 68, 90 Monday clearings score 67. Same day last year 41, mild 39 7T 00 22.39 $23,155,649 00 2734.1.(2 27 26,146.851 43 INTEHEST EXEMPT FROM ALL PRESENT FEDERAL INCOME TAXES NEW ISSUE MOODY RATING "AM EEBM star Mg, US m ft ftwi U. (tr-- t m LINCOLN URE & CO. umrm SYSTEM, INC, LICENSEE U. i M MUNICIPAL BONDS Pirst Security Bldg., Salt Lake City, Uudi Phone EL 0383 - TJLZX:K'A:jrx i: dr- - a- - 4 e a s-- f ft, Asked Markets in Brief Talcott Talk to Quotations Monday's II1DUSTRIA TIME S ALES FlIIAtlCI !G - MOUTH - YEAR Quotations and Utilities t Bid Asked Total American stock aalet Monday,..7jPWg fhares J960 to datej 82,658.272. . DAY - WEEK The following old and asked quota-- , lions are obtained from tie National Securities Dealers Assn quotations committee They do not represent actual transactions and are intended as a guide in the range within which these securities could have been sold .Us indicated in the bid column ) or bought (arindlealed In thw asked" column) MISTAT MskgnP 66; or RENT TRUCKS with- 37j 31; LEASE Salisburys letter Mr. drawing objections and promising compliance to the examinations recommendations resolves the problem, Mr, Huibert said. Industrials 56. Wool Market F. B. SALISBURY, company president, reported the insurance companys board of directors . . . has elected to withdraw all objections to the recent zone examination which was carried out under the direction of your department." Mondays 4541 HADLEY fin Kaifclnd Meawbilr Ten Leading Stocks any capacity ( EquityC EurekC i FargOil C, FelmntP FirthStc FlyTtxr HeclaM HollyC ' ImpOll 1 except closing low on suable volume Holsteina, cows active. Stocker and - Sales in 100s j Last Chg EdoCp EiBd&S ter steers and heifers fairly active, afternoon. Compared with close of High Grade Rli "79 91 unch last weekr Fed steers and heifers 2nd Grade Ralls 79 57 .05 largely steady tA strong, some HoL Public Utila 83 46 06 steins closing weak to 25 cents lower, Industrials 88 Commodity Futures Index ers about steady early. Part-load- s 0 lb high good to slaughter stears 25 25-2-5 75v, one carload 1.090 lbs 25 30, few small lots 00-2e 6 26 30, average to - V average-choic29 . 41.900 Alum Ltd Dow Jones Servica high-goo- d 5 24 25. standard to d -- 1 38.600 88 22 00. utility to standard Volume Close Ch. Amer T1 -- 2 - Ford Mtr 42 Holsteins 18 00-2- 90. Equivalent of Std 01! NJ 46.100 36,700 67 one CArload mostly average-choic27 Amer Motors Gen Mtrs 45,600 36,200 44 g -- 2 Gen Tel & Tel WI 45.100 28 V lb fed heifers 31.500 71 Radio Corp -- 1 26 40-2-7 00, around 40 head high-gooY Beth Steel , 30 Gulf Oil 28.600 43 43,700 e 935 1,010 lbs 25 40 25 85, to 24 50 25 25, some average to high-goolow to average good 23 00 24 25, utility Standard & Closing 500 Stock Index to standard 18 2 00. Utility cows 00, a few commercial largely 15 17 25-1-8 13 5 75, can 60, cutters 00 and commercial bulls hers 12 20 70, however bulk utility 18 9 90, lb yearling stock steers choice 500-54-5 27 10-2lbs 25 00-2- 6 50. good 500-63- 5 00, medium 22.00-2- 4 50, good to Monday's Quotations e 5 lb feeder steers Sales in 100sClose Chg. Sales in 100s Close Chg. Sales in lOOslClose1 Chg. 24 00 25 70, common to medium e 18 90-2-3 50. One carload good to ACFInd 1 505 lb stock heifers 25 35, a few head 29 FamFn ACFWr choice 505 lbs 26.00, small lots good 36 V4 Firestone Admiral 23 00, some common down to 26 FirstAm AirRedc 19 50. One carload good stock cows 35 Flintkte with calves at sides 225 00 a pair, AllegLSt 58 FlaPwL AlliedC with six pair out at 210 00 Other33 FoodFair AlliedLb stock cows medium to good 12.3049 FoodMh 18 00 AlliedSt 67 Ford Vealers extremely AilisCh Calves 200 24 FreeptS AlmLtd nominally steady, bulk of stock scarce, 25 FruehTr calves to be sold late in the afternoon. ALCOA 17 GnAccpt Few standard to good vealers 27 GO- GenBk 28 50. One carload good 270 lb stock 40i-12- 01 GnDynm steer calves 27 75, individual 180 lbs AmBsch GenLl 88jAmBdPr up to 30 50. medium 23 5 50, few 21 102 -1 GenFdx common 20 2 00. Medium to good AmCan GenMtrs 329 44 stock heifer calves 23 6 00. 25-5AmCyn - Vs GnRfrct 7, 24 0 Butcher hogs 250, Hogs AmDist Vs GenTelE 179 84 0 cents lower cents lower, sows Am&FP GenT&R 67 58 Vs 1 2 S No U and uniform lots Few AmMFd 18 33 Genesco 25. bulk mixed barrows and gilts 17190-23AmMCl GaPac 64i 55 50-1- 7 16 3 lbs 2 and lots grade 1, AmMot 23! 70 Gillette 0 lbs 16 6 50, a few 00, AmPtsh -l 22 Gladding over 270 lbs 3 grade 15 50. Sows 9 00-1- 1 AmSmlt GlenAld 2281 15! 00 AmStd 6i 36V4 Glidden Sheep Salable 50. Hardly enough AmStFA Goodrich 27 68( sold to fully test the market. NomAmTJtT 59 Gdyear 37rsteady 30 head utility with an inally AmTob GrceWR 22 38,- - 1 end of food 112 lb wooled lambs Am Vise 2V4 85 GrhPge 16 50 Six had utility to good shorn AmZinc 6 10,-- 4, GraysnR yearlings 10 00 Scattered head utility Anacnda GtNOre 21,-5- 1, shorn ewes 3 75. ArmStl GtNrRy Armour -12 45, 26 GtWSug I.OS ANGELES, April 23 Atchisn -22, 21 Greyhnd AtiRef GrumAtr 28 26 V4 Cattle 1,300 Openlnl slow, scatAtlasCp GulfOii 437 30 tered sales slaughter steers andtocows inAvcoCp 29! 62 Bulls steady HercPdr about steady Babcock and Vs 149 34 Hilton stances 40 cents higher. Stockers average-BaidlH to Low Vs HoffElec 391 20 feeders not established. Balt&O 8 1 lb slaughter 2 HotlndF choice Bathlr Homestk 15, 41 steers 28, utility 963 lb range heifer 14 BellAtr Shattuck 18 75? utility Hoi-stei- n HonoOil 2 44( cowi young type 34 -Bell&H ShellOil 3 House Fi 2 30bulls -" good 00 lb feeder Bendix 20S ShellTr HoweSd 18 heifers 25; calves salable 130. Rather 18 Benguet about steady Sheller IdahoP classes 49 slaughter slow; -Best&Co IdeaiCm --- V4 Simms 119! 50 to $1 higher on choice vealers. Stock27jBestwaU Choice 187 214 42j-2- ! 1 Sinclair IllCentr 37 not established. ers BethSt 44 -16 Skelly good and choice vesl-er- s IndHyn lb vealers BlawKx 74 1 38 9 53-InlandSt SmlthKF 39 end up to 300 lb slaughter calves BoelngA 36; 24 Intiake 26 SocMob 38! Borden a6Hogs 300. Barrows tnd gilts around 4 46 IBM - 5 SoCalEd 25 57 -452 11 43! OP't'to IntHarv 2 BorgWar 70 37 49! 44 SothnCo 200 225 lb predominated. BrnsBlk 206 61 1 Vs SoPac 40L 19 56 105 .. slow. Barrows and gilts 23 to 50 IntNickl 14 18 Bey Erie 106 - 1 - 1 lower US 2 gralnfed butchers 12 46 IntPapr SoRy 40 19 BuddCo lntShoe 34 200-2250; No 13 around 125 20)- lb 17 2 IntTftcT Burllnd - 1 SperryR 66 18 39 13! 38 210 lb 16 75; No 2 261 lb 16 50, No StBrand 220-2IsJCCoal 27 lb 16 30 32 Burrghs feds 3 49 42 StOCal locally JnsMan 21 30 56 CalPckg 84 39 StOInd Sheep 25. Nominal. 40 63 Callahan 30 5 Jn&Lgh 42 -2 StONJ 5 38 Cal&H 6l 22 Hogs 15.500; JoyMfg OMAHA 47 - 1 StOOh 46 42 KaisAlu 9! 21 about 25 CanDry - ' barrows, gilts200-24- 0and sows 15) 57 Stauffer 1 KCtSou 72 321 26 16 50; CanPac lbs 3 56 StneWeb lower; ' 12 26 37 KeiseyH CaseJl 290-60lbs 13 12l-4- 9 sows StuPack 61 76 Kennctt steers 28 375; calves CaterplT 19.000; Cattle SunOil 14 50 KernCL 24 Celanese heifers and 22 SunravM mainly steady to weak;choice KerMcG 24 44 1.251-l- b Celotex 32 V cows steady to weak: SunshM 2 72 KimbCi CerodeP 26 25-2- 7 00, 30 V heifers -steers 27 50; choice Sweets 3 31 V Kresge Certaln-- t 12 00 16 00-1-7 -cows 44 Swift utility 6 22 i Kress Cessna 39 36 Sheep 6,000; elaughter lambs and Tenncp 18 34 Kroger ChanceV 28 ewes steady; mostly choice with some TennGs Lear 35! 52 14 Ches&O 63 b wooled slaughter 72Texaco prime 21101 106-l35 25 Lehman CMSP-fall 1 15) 20 50;75-- ; prime 96-l- b lambs T GfSl LOFG1 40 54 do pfd 64 eull to choice 21 lambs shorn 3 30 203'Texlnst 19 LibMcN 9 Ch&NW 16 ewee 2 50-- 5 50. 1 shorn 5t 76 t 1 slaughter TexUl 26 82 Lig&My do pfd 28 U -- 2 80 72 Textron Litton 21!- ChRIAP 38 24 V4 iThiOko 37s4 57 22 Lckheed 80 50 Vs Chrysler 16 15 LoewTh 5- 6- h ThomRW CITFinC 36f 53 191 27 LnSCm TideWO 20) CiticsSrv 41 1 54 89 37 - 2 Lorllard TimRB 14 CityStrs CHICAGO. April 25 UPD Produce: 71 70 Lou&N 321 26 Transam 84 - 2 ClarkEq Live poultry; 20,000 Ibi White Rock 25! 67 Lukens TransWA 8 CocCola No 52 - 1 TrCont 31 39 fryer 20 21; roaster MackTr 38 5l Colgate other USDA price quotations today 39 Macy TruaxTr 21 ColoFlr 13' 17 MadFd and daisies longhorns Cheese: Single 20thCent CBS 39 37 U Swiss MagCop ; processed loaf 46-4ColGas 19 - 1V4 --Underwd 42 Magnvx grade ' grade B grade A UnBagC. Comer df' fT'59 2! MarqCrrT C UnCarb ComSolv 15 20 Marqrdt UOilCal Butter Steady. 1. 199, 000 lbs. 93 ComwEd 58 38 -Martin 89 90 score UnPacif and 92 score ConEdis 63 -25 McIntyre 66. Carlots: 90 score 67; 89 score score dopf Conlnr 26 McKess 44l UnTank ContBk 1 39 Merck UtdAtr 83! ContBk 39 - 1 Fggs: about steady. 12.800 cases. 15 Merritt UtdAirL CntMot 9T, White large extras 35: mixed large 72 MiamiCp UtdBisc ContOil 46 extras 35, mediums 32; standards MinnHw 13147 - 1 UtdCp CntrlsA 1 checks 31. 31 34: dirties 1 MMM 13,186 UtdECI V4 33 Potatoes (old and new): Total US, CoopBs MinPL 33 UtdFruit CrnPrd 49 943; (old) arrivals and shipments Mission 30 UtdGsCp 53 CraneCo track not reported; supplies moder40 Monsant UtdGsIm CrwnZl 43 market weaker. demand slow; ate; UtdPkC MontPw 14 26 Crucib 20 Track sales (100 lbs US. 1A unlew Vs UtdShoe MontWd 46 10 Idaho Russets 6 25; CubASg otherwise stated): US&FSe 1 Motorola 14 169 CrtissW 20 Minnesota-NortDakota Red RL 13 25 - 1 USGyps CutlerH 90 - 1 Murray Valley round reds 3 75. USIndus 4 25'- NatAvia DeccaR 75-- 7 28 sales: Idaho Russets Street 19 54Deere NatBisc - V4 USPlyw 40 00; bakers 7 85-- 8 00; Minnesota-Nort- h USRubr NatChR 241-Del&Hd 30 59'-round River Red Dakota Valley USShoe DelLW 7 NatCLs 27 h reds 4 004 25; Wisconsin brushed USSmelt 15 18! 50 NatDairr DentSp 3 85; Michigan Russets 6 50-- 00; MonUSSteel 41 NatDist DetEdig 24 30 tana Russets 6 60. dopf DiaNat 30 NatGyps 14 56 New potatoes; Arrivals and track USTob 19 DomeM NatLead 92 - 1 not reported. Upjohn 28 - 1 NatSteei DougAc - 2 UtahPL 74 Street sales Florida round reds DowCh NewmtM 59 460 lbs) 3 50-- 3 60. Vanadm Dresser NYAirB 26 Onions; Arrivals and track not reWalgn Duplan NYCent 22 ported; supplies moderate; demand Walwth DuqLt NYC&SL 37 slow; market slightly weaker. WmrBr EagleP Track sales: .None reported. 34 MagMo WestAL EastAL , Street sales: Texas yellow granex Norf&W 96 WestnPa Eastmn NoAmA 31 large 2 00-- 2 15; medium 2 25; yellow WestUn EatonM NoAmC grano 43 large 2 50; white medium 2.00, WstAB ElAutoL NoPac 40 WestEl ElPoNG North rp EmrsnE 29! Whirlpl 18 NwstAir WinnDk EmrsnR OhioEd 65 Wlw th ErieRR OhioOil 32 EvansP Wrthgtn NEW YORK. April 25 (AP) Wool OlinMth 6 Fairbk Wyandt tops and wool futures were higher OtisEl 40 FchdEA YrstST on dealer buying. There were Monday 1 15 106 OwnlllO Zenith 44 May delivery notices Issued in woof none in wool futures. and tops Total New York stock sale, Monday, 2,980,000 Share,; 1960 to date 233,479,266. closed 2 of a cent . Wool futures to 1 8 cents higher. May 118 6B; July J19 4B; Oct 121.7; Dec 122 6B; May 123 2B Certificated wool spot 117 5N. 4 to 8 Wool tops futures closed cent higher of May 146 SB; July 149 OB; Oct 152 0B; Dec 153 5B Certificated soot wool tops 145.5N. B Bid. N Nominal. 293,100 91,700 36.100 420,000 Approves Deferred Compensation - High 142 18 141 47 141 04 140 93 ' Sales in 100s i Last jChg, OGDEK, April 15 (USDA) Cattle 1,800. Slaughter steers and heifers comprising around 20 per cent of supply, cows nearly 50 per cent Stockers and feeders 30 per cent. Slaugh- Reliance National Life Insurance Co. notified State Insurance Commissioner Carl A Huibert Monday the company win comply with recommendations for increasing -- it Over the Counter Mondays Quotations e THE STOCK DIVIDEND wouldbe declared after the split Surely Firm" To Yield On Ruling -- Dow Jones Servics Mortgage Bankers Association of America, said at Salt Lake City no home sales are being lost because of tight money where the buyer Is a qualified buyer. S. Eccles, chairman of the board of the regional bank holding company, reported that directors F Biggest B. B. Bass, president of the e Marriner 19 , n - : o AJk.lUi. . |