| OCR Text |
Show r The Salt Lahe Tribune, Wednesday, September 28, I960 and Down the Street Up Stocks Still Slip Utah Oil Gusli Ebbs 1.5 Milbou Barrels After 2 Rallies c Nr Tim Senrim NEW YORK, Sept 27 After two brief rallies that fizzled out stocks closed lower Tuesday In moderate trading. On average, prices once again for the fourth By Robert W. Bemick time in the past seven sessions reached new lows not Tribune Business Editor Oil production in Utah Is now running nearly 1 V, million only for the year but going barrels below levels oj.a year ago, according to Utah Oil and back to September, 1958. Gas Conservation Commission. IT WAS an An order permitting the addition market that followed no of about 10,000 barrels a day of out- - clear .pattern. Stocks opened put, by Increasing gas allowable per .generally higher,-turne- d oil well at Greater Aneth pool last down after about a half 'month, apparently has not yet been hour, firmed In v reflected by any major hike in and then sold off in from this San Juan County the final minutes. t field. At the end. gold, aircraft, For example, the Greater Aneth electronic and assorted speproduced 2,353,137 barrels of oil cial situation issues had the August, 1960 versus 2,351,842 bar-oi- l best showing with some in July of this year. good gains. Rails and utiliFor the first eight months of ties were notably weak and blue some of the 1960, total production from all oil fields in Utah stood at chip" issues also came under barrels; continued pressure. THIS COMPARES with 26,738,096 barrels of crude produced In first eight months 1959, the agency said. - In fact,' production of oil in. the state continued to decline slightly last month, compared with July, 1960. York Louis fiFW YORK. C Hickman, Logan, 1ft 25. 2ft Sales In 100a Lastl Ch. Salta ta tolFalrbWh ACFInd 14( 394,-S- 3! to FrhidEA. 124ACFWr i sot Admiral Family F oil1 Authe with barrels of issj 3,335,477 compared produced during 3d1 014)-2- J AirRed FerroCp AicoPrd 114 ft H Fiitrol 1959. of gust AUegLSt 19 334 iFuestoa AUtedC 43i 4 h J,. First Am 44 THE DECLINES in oil production In Utah have persisted AUiedSt 34i FbnUoi 901 14 AUisCh S . FUPwL 122 more producing wells in the AlumLtd 128; 284 despite the fact that there are 4 FoodFr 47 ALCOA FooaMJk state at this time, compared with year ago. STtoi AmalSf ltoFord Amerada were 778 in wells oil There August, says the AmAiri producing iSs! iFrw,,s Oil and Gas Conservation Commission as against 656 wells in AmBsch FruehTr ' August a year agar 125 364 ft IS GarttDen 75) 454IS GaAcc AmCyaa GenBk 1 35 AmDist Gf)Dya as t 4j AmfttFP GenFl 11 173 AmHme 82 AmMFv 584 Also, there were 817 wells capable of producing oil listed AmMtCl o 31 v- l- C Gentnstr 2801 20to to GnNiU by the Commission for last month, as against 683 producible AmMot iGtnMot AmNGasi 2t SO to ' I GettPrc 3 AmPho f wells. GnRrfr 10 3 AmPUh GwlTflE 1 39 54 AmSmlt 12 GrnTR 3 AmStd Increase THERE WAS an during last eight months in gas AmStFd 201 -3 las 4, GPe production from oil wells principally at Greater Aneth Area, AmSug AmT&T 230, Oto S Gillen of course. 4 M-3- 61 H CMdmt AmTob 33to,-- 2 4, G lidaro Some 23,463,870,000 cubic feet were produced to Aug. 31, AmVwc GoodraW 20to AmWWk 1 1960 versus 18,387,895,000 cubic feet for like period last year. , Gwl--r 9to do6pf 7! ISto W Gnwlf AmZmc 142 4 tor GrahP Ampex 58' 43, - 1 Anacada GnnnR Arm coSt 4Jj 59 GiNOra -- to 4ti 3 Armour GNorRy Gas production from gas field Increased slightly for the Atchison fOi 20V -- to'GltoSu ail 35 Hi -AtlRef Grey fend eight months 1960 against year ago levels, going from 10, AtlasCp 48 4 e GrumA 125 13H AvcoCp -096,886,000 cubic feet to 10,230,511,000 cubic feet 26 28 Babcock 54 12a BtdLHra BaitftrO V Herrfw, ?! was JSfields for month BUT GAS production from gas last Bathlr Hillnn Hof i Eire nearly doubled August 1959 Increasing from 483,710,000 cubic BestFd Bee km a 102' S61V 1 HoUndF cubic to feet 807,161,000 feet 101 12 Beillnt Hotnwtk TOi 43S Belli H 21 HouarF 32, 5 Beftdix KoS4 Ben ft 11135, IS !2aPw Best&Co Ll ll13 7 39 X 4 100.1 484-- 34. 234-- Y-- 3 1ft 94 T 41 T 1H I 14 3.12. 26 1J 44 3! MS 5 4TS 30 T T4- 1SH 54 Denver A Rio Grande Railroad Co. Tuesday reported a net Income for eight months 1960 of $5,223,488 or 82 cents a share. BlissEW BoerniA Ma THIS COMPARES WITH A NET of $5,296,540 for like Book BordtA on cents BonWr 83 a share to was which a equal ago year period BoxtBr - BriggsM lightly less shares outstanding. Brunsw 9 Total operating revenues for eight months I960 was BucyEr BuddCo versus $50,329,572 for like period a year ago. Burilnd Burrths The railroad had a net income of $785,622 for last month, CilPckC was net the In share. 12 cents a $795,042, 1959, Callahan to August equal Cal&H also equal to 12 cents a share. CanDry CARLOADINGS FOR AUGUST were up to 37,534 from cars a year ago August Local loadings were up 3,074 cars while receipts from connections increased by 1,927 cars. This carloading hike Is a reflection of increased business and industrial activity. 32,533 Phillips Locates Gas Test Well Phillips Petroleum Co. Tuesday announced location for a 6,300 foot natural gas test to the Wasatch formation in the Gate Canyon area of Uintah western sector of the County. THE FIRMS UTELAND BUTTE No. 2 wildcat will be drilled 1,320 feet from the South line and 1,320 feet from the East line, Section 32, Township 10 South and Range 18 East. Electronics Firm Plans Offering Model Engineering and Manufacturing Co a closely held Huntington, Ind., electronics firm which Is acquiring Montek, Inc., Salt Lake City, proposes an 130,000 share public offering, according to Securities and Exchange Commission. CanPae CapAtrl CaaeJI CaterpT Ceianeat Ceiotex CerodeP Certntd Cessna ChmpPn Chance Checker ChesAO ChMSP dopf hANoW dopf ChRIAP Chrvsier CITFin CitiesSe CityStrt ClarkEq ClvEUm CocaCoUl Colsate ColhnaR ColoFlr CBS ColGas CotnCrdt ComSolv ComwEd ConEdis ConNatG Conlalnr ContBak ContCm Contlns ContMot Con 1 32 30H 98 IBM ' MlntHarw H; IntNwki 15i 484 26! 33 V, IntSilv IntTAT IsCrCoel JhtuMa JnsALgR JoyMig Kaiser AJ KanCSo KeiaryH Kennctt KemU'L KerMcQ KimbCk Kreee Kreea Kroger Lear Ulimia ,tiLibMe.V 1 60 j f4 .. 8O1 18 42' 5 30 5 SOI iS 55S 43 Ift 31 54 63 29 U St SSS 46S IftSift 38 S 20 Si 84 St IBS ft 40i 66 28 22 70i 22 22i 30 60 2ft 62S 14i 47 ft 141 5. 271 THIS MONTEK holding was Increased by a Model stock Montek split on Sept 3. Such Model stock will be offered bythan-ihother 100 shareholders, Its approximately to all of company itself, in exchange for their Montek stock, SEC said. Of funds to be raised by Model, half a million dollars will be applied to reduction of a $1,450,000 loan and the balance Will be used In working capital e Lckheed LoewsTh H HI 32S!ft nUxSCm 41 S - S LonUard j 221 s IS u JS - 21s 38S 33S' ft sS s toil j LoANsh Lukena MckTrka Macy MadFd MagmaC Magna mg MirqCm Marurdt MarshP Martin ' MayDS McGrwO Mclntyr McKesa Merck 4i 34 S'- - S Merritt MGM MidSoU MmHw MmMol MmPL Mission MnPac Monsnte MoatPw MnntWd Motor Pd Motmia Murray NAFI Nit A via Nat Brae NatChR NatCLa NaDairy NatDwt NaGpsm Nit Lead NaSleet Nwir-i- NrpNSh KYArB NYCent NYCSL NiagMo NorfAW NoAmA NoAmC NoPac Albertsons Plans Expansion NtUm OM'-er- CRiESt OutbdM OwenM PacC AS PacPet general counsel MR. BERLIN ANNOUNCES THE company has opened 10 Stores In the first nine months of I960 and currently operates 66 food centers, six drug stores and one department store In Idaho, Utah, Washington and Montana. Several more stores under construction are scheduled for November and December openings, he said. Directors of the firm Tuesday declared the regular quarOct 15 to stockterly dividend of 714 cents per share, payable ' v holders of record Nov. L ' - NewstA? OhmEd OhieOil OimMtk Albertsons Inc. plans additional stores in the Salt Lake area, Portland, Ore., and western Washington, according to J. L. Berlin, Boise, Idaho, administrative vice president and Hourly 11 2 3 Volume Ind Rails 299 500 6 400 44.100 Comp. 410.000 Util. SharonS TB' ?! 151 1051 33k 3 I S ft e 36 ISh snkU --- 471 SOk1-5- 4! 51 ' 22 I 25- 425 25 50 600 47k - II 13k-49 41 12 - ii 41k k:-- 8 1 5 25- k- 177k S 88: 34 17k 8' 48k ITi 24k - k 49 38 kU I SI 3 11 kl K4 ir 13 - kk 3 118' 10 k.U k k 25k- - L I 33- 22' 37 kj 3 Mk-1- 8' 40 7 38 43 SSk1-8- ( ; SALKS Brist S, 1.000 at 7Ve. C. Con. Pfd., 500 at 7714c, 94 et 77 Wc. at 16c Clay. Silver. 1,000 Comb Met . 1 000 at 5c. East Utah. 2.000 at 17c, 8.000 at 17c. Cochise 200 at 42c. Eur. Standard. 500 at 5c, 500 at 36c Gold Cham, 1 500 at 5. 500 at 5c. 1.000 at 54c. ft. 000 at 6c, 5.000 at ftVgc 5.000 at 84c, 1.000 at 7c 31 231 k 34k k- k 3140k - 13 19k 10 48 t- IS 20k 8 91k. 10 83k- 82k Greet West. k -I k - S S dwra; Vartan VendoCe Waigrn Walwtli WarvtrBr TtamrL . Trans-Unio- 13c. 500 at at 54c. . lie, 5 000 at llc.3.000 at 730 at 11c. 8.000 at 12c. Wet Toledo. 5.000 at 5c, WUliston, 2.000 at tVec. WPennB HftAirL WstnPac WstnUn WftAhB WestgEl Earnings 8Pt. IT AP Ilr-,tStore. In. reported D,H'lanl th year ended durln th.t Tuewt.y NEW Vhirlpl RhiteM UlmeSM WtlsnCo WmnDx Uoolwth Worth ng Wyandte YaleAT YgstrST Eevulh Wool Market ?! 110 IB. YORK. net Income December a ahara Mies Marchllllh 113 ft u above July 31 profit w onIT per cent rise o I 29 per the previous ytar cent In period Net Income foe th mounted to 1.282 41, equal to $3 82 913)81.560 or $3 10 a shar. from advanced to a record Sale share 993.088 088 from 81438.188. President Sol W. Cantor told stork-holder- s that tha improvement In Income and sale was laraely dua to tha Inclusion of results of white front In tore for tha entire 12 months tha previous year only four months of white front . sales and earning! was Included. latornattoaal Mlaerala A Chemical Carp, for year anded June 30. ile. I960 to date, ftft3.153.ft99. July 1.000 Horn Silver, 2.000 at 5c, 1.000 at -- C. 'Uttie NUr. 5.000 at ftc, 1.000 at 7c. 6.000 at 3c. Prosper Oil. 4000 at 3c. 5c at Royston Coal'n 5.000 1 35c. 000 at South Standard, Tintic Standard. 100 at 91. 75 at fl. 1. 38k 8 18k Utt 1966 27.481.00 3 00 12370.000 4 Rafri,. Matkl-C- ru, fMryito , , HU Ull So. Stats Live CHICAGO. Sept. 27 (UP!) Rock fryers poultry 89,000 lbs. White 19t 2014; roasters 25-2ducklings 27. No other USDA price kuotgtions Tuesday. longCheese single daisies 2 4; horns 434-4processed loaf 47-449-5B Grade A Grade Swiss Grade C Butter easy. 871.000 lbs 13 and 92 score 81; 90 score 59Ut 89 score 59; carlots: 90 score Nb! 89 score 69V4. Eggs firm. 8 600 cases White large extras 52; mixed Urge extras 50; mediums 41; standard! 35; dirties 32 Vs; checks 3214. Potatoes fold end new) total V S shipments 286; arrivals 59; track 245; supplies moderate; demand slow; mar ket Russets dull round reds slightly weaker. Track sales (100 lb US. 1 A unless otherwise stated): Washington Bus sets 4 40; Minnesota-Nort- h Dakota Red River Valley round reds 2 85. Street sales: Washington Russets 5 00-- 5 23. bakers 5 85-- ft 00, Minnesota-Nort- h Dakota Red River Valley round reds 2 00-- 3 50; Wisconsin 2 75-- 25. Russet Gems 2 50-- 3 75. Russet Bur banks 2 754 25, round white 2 50-- 2 65 Onions arrivals 2; track 28; supplies moderate; demand alowt market dull, Track sales: none reported. 8lreet sales: Washington yellow Spanish large 2 25; California red medium 2 65; Idaho-Orego- n yellow Span2 25. ish Urge 2 25-- 2 60; CoWado white Urge 2 1ft. medium 2 35-- 50; Midwest yellow Globe mediums: Ull noil 1 25; Michigan 1 25-- 1 40. m LINCOLN URE & CO. Municipal Bonds Fint i Salt Lake Phone EL Security Bid., Gty, Utah lb native spring Al- (VPI-US- active; butch 239 lb; lb 22 00. Sheep 1.000: sprint slaughter lambs end better 50 higher; lower grades steady; ewes unchanged: choice and prime, mostly choice, spring slaughter lambs 18 50 19 50; several lots mostly -- prim 19 30 20 00: mixed and chpice 16 8 30: eolla good down to 8 00: deck mostly choice 109 lb yearlings 16 25; cull to choice shorn laughter ewes 4 00-- 8 00. good U.S. Government Bonds Dow Jones Service NEW YORK. Sept. 27 Closing dealers markets bid and asked fractions and changestn 32ndtl: Rid t Asked Notes Bonds 14 ft 92 11 12 14 27 6 56 Rhonda RCFffJCRlZ BUILDING PERMITS Salt Lake City 000. Rhonda is fond of gems! Her Alexandrite pendant and match- ed Star Ruby brooch and earring set are true collectors items. But for years before she .was in a position to indulge her penchant for pendants . . . Rhonda had followed a sound stock and bond investment program recommended by an expert in such matters, like the Registered Representatives at J. A. Hogie & Co. Now . . . with good capital gains and a regular extra income from her security holdings . . .Rhonda acquires the diamonds she desires. But she still insists Mstocks and bonds are a girls best friends! Why not let sound investment guidance help you towards financial success. . & CO. J. A. H0GLE Ixdmp York Slock " Olka tnoctpal Bxchaopt 132 5. Main St., Salt taka Gty, wby .Hices DA hove, Ojikfi, Pocjtelle. Idaho Fall . stntf me FREE copies ol my ot them special reports individual compamet (circle choice): Seaboard Finenca Co., United Artist Corp, Parke. Dint Co, Cora Products Co. Finn i DLUE CROSS BLUE SHIELD . At no obligation, drop in, phone or write to... WATER REVENUE BONDS To Yield 4 40fo Due from 1950 to I960 137 Increase Population to th, Sukrm" 85105 a series of "Counseled Characters",, TanM t -- 14 76 809 3 47 111.560.000 We Offer SERVICE 13 54 1919 TAX-EXEMP- T 'OXYGEN No. 9 in Produce Market Mtmbm b'r $7,500 OGDEN NORTH CITY, UTAH 1290 748 8489.000! r DAY & NJTE 50; moderately active and steady; cows steady to weak: canners 25 50 lower; bulls and vealers steady: stackers and feeders fairly active, fully steadyt three loads high choice to mostly 1b slaughter steers prime 1,150-1.36- 0 26 50; few utility Holsteins 20 00; load 950 heifers 24 00; utilichoice lb high ty and commercial cows 14 6 50; canners and cutters 11 23; utility and commercial bulls 16 50-2-0 00; d and choice vealers 22 5 00; culls down to 12 00; load choice 561 lb feeders 24 80; load good 878 lb 17 Vanadm m L 42 20.50-2- 3 Eggs (prices by loose dozen) Grade AA 61. A large 48, medium 44. B Spacerame Hamas, fas., masonry large 35. house with carport 7333 Pippen Dr Cheeee 40 lb rfndleas block 41. 8 $18 006. lb sandwich loaf 45. mild longhorn 45 Spacerama namas, masonry house Butter 93 score 73. 92 score 71, 90 with carport, 2580 Wlnesap Rd., lk 'VuhPL ik k 28 18- k- k k- H 8 7 47 34 87 84 10 23 13 06 11 S.L. Produce 40i 34k' 3j 27k 34 39k' 1 T8 45 I 38 29k 39 109k- r19 37k! 18 40k 91 Affiliated Fund 8 699 $ 7 58 Am Business 4 18 444 Atomic Dev, 4 53 495 18 75 18 11 Boston Fund 11 83 12 57 Broad 8treet Inv 11 98 Bullock Fund 13 13 12 62 CanGen Fd 1954 13 64 Canadian Fund Ine 15 70 1698 Can Inti Growth 10 94 10 01 11 28 Chemical Fund 10 43 Comwith Invest 9ft 9 16 Divers. Gr Stk Fd 9 08 95 8 50 Diversified Invest 9 32 Dividend Shares 282 309 13 96 15 17 Dreyfus Fund 10 84 Eaton St Howard Bat 11 59 11 27 Eaton AHoward Btk 12 05 7 00 Electronics Inv 7 65 14 97 13 77 Fidelity Cap 14 31 15 47 Fidelity Fund Fncl Ind Fund 3 81 4 19 Founders Mtl 83 10 6ft Fundamental Inv 8 41 922 12 67 Group Com Stck Fd 11 87 Hamilton Fd 4 50 503 Hamilton Fd 4 51 89 72 Incorp Income 7 82 8 45 Incorp Invs 11 22 Instit Found Fd 10 26 Instit Growth Fd 10 00 1094 Kevitone C 25 92 24 84 21 82 do F B 2 21 80 do F B 2 15 51 16 93 do 94 It -do FK 1 8 66-- 14 938 2 do F-08 15 37 do FS 1 18 12 19 78 11 07 12 08 do F-- 2 do F83 13 31 1220 11 62 do F-- 4 1269 Kevitone of Can 14 61 13 53 Knickerbocker Fd, 697 544 14 75 1391 Lazard Fund Mass Invest Tr 12 37 1337 13 70 do Growth Stk 1481 Nation-Wide 18 85 ' 20 19 Sec N Sec Dtv Stk Series 2 52 388 ft 06 5 56 do Income 7 31 do Stock 800 48 7 78 do Growth 11 60 12 54 One Williams Street 13 33 13 20 Price TR Gr Fd 7 86 7 27 Puritan Fd 18 35 14 12 Putnam George Fd 14 57 13 40 Putnam Growth Fd Townsend U 8. United Aecum Fd United Continental United Income Fund United Science Fund Value Line Inc Fd Wellington Fund VniMtcb Vpjohn k k Quotation H jtkSho 24V-1- 4' 50k 06 .22 46 .12 3 T5 30 OnPac dopf VnTank CtdAuc ; UtdAirL CldBisc WdCp Oopt --- kLISTob -ir choice I 28k 88 and Poor's Closing 500 stock Net Chsage Tuesday - H.USStori 24. 43k-- 34 84 W Standard 21 89' 21 L IS' T3kt Ml 18 k 14 42 26v - S0kj4 r 39 kk 53 33200 '- 1451 101 141 21 lVvSm.lt 1 .33300 Salt Lake Stock Market 4! k IkGrpm k VSlndut 38k lk I'vPip. 28 k k M U kiVSRubc lk 8k- - 84 Bonds - 22 High Grade Rails 1 460 08-- 09 2nd Grade Rails 86 19ft08 Public Utils. 90 52-.- 1S Industrials Industrials Rails Utilities Stocks 10k- 2' 3 25 k38 34 40 10 10 10 10 56-.- 10 Standard & Poors Closing 500 Stock Index I 48 24k- -- NEW YORK, Sept. 27 ( AP ) Index: 20 U 29k- 4 37k- - 41 C, - 3383 k- - WtBorM v YORK. Sp rr tAPt-Woo- l'lor Iff 113.5B tops futures were ateadv Tuesday on Mav commission buying through 1UB. short covering and mand. Wool futures were Irregular. no1ft were There October delivery tices issued in wool tope futuree pad two In wool futures. Wool futuree closed .1 eft a NTW to 48kk ;nBC k 9lSft 2TS Chs Std OilNJ Gm Dyn.mlc Beth Steel Brunswick Am Tel 4W Gen Motors Gon T.l 40 19 V TrauxT 4 45 , ilOthCnP 15 19k 1 Jlndrmd 8 5 1. 7 SOk. C 25 4SktklUoH , -- 19134 Index 13k 41 21 TrnsSA - - 3V- - k 4k 40! 41k S TnCwt . 574 81 -- 2 33 125 62 1 17 78 91 70 T82 41 -- 1 17 143 67 ft .18 570 85 125 23 91 31 Dew Jones Service Volume Close Ctegs m uach. 113000 BmruH -- H 38 900 10H Amr Motors 24l 43 k'35 ,1 40kU t S 90 127 17 92 61 194 5ft 581 Close Chs Low 1.22ft 381 623 224 7 142 Ten Leading Stocks s is! 19k-- Tl High Commodity Future s SCk pm. pm. Total - n am. Noon 1 p m. - ToUl N Y. stock sales Tuesday, 3.170.009 . Tietdags OisUtlsM S 3 S 24 18 35 S ft MMM CutlerH DanaCp DeccaR Deere DelLAW DenvRO DetEdie DiaAtk DiaNat Lhum S 13' 15V- -I tl LigAMy Lily Tu( Link Bit and .01 J. A. Hogie A Co. Furnished Member of the New York Stock Exchange Rails Volume Indust. No. Secs. Traded 126 62 710.000 126 45 Advanced 1.210.000 1 720,000 Declines 125 85 125 6ft Unchanged 2 100 000 New Highs 2 620 000 New Lows 125 62 574 81 3.170.000 Rt1Mc& Safeway SUnLd SiLSFt t4 1 Dow Jones Averages SheUOtl -26 ShllTm 40. ITS SheUer 3 34 i Sheratn ft 33 S . H Simmna 33 507 s, 3S Smriair Skelly 4 fta S SmithC 31 15S - S SmihRF 97 - " 4 SocMob SrtPnRS ns ft IS SoEPSv 31 34 S 53 1 ISoCalEd 115 3ftV e H SothnCe I 4 32S- - a SoPac 3ft 51 S ft S SoRy 111 53 H SnenyR 3 33 I StoBrd 44 31 Si StdOCal IP, 64 U H StdOlnd 9 MV-- V S StdONJ 74S H StdOOh 3 47 S ft S StdPack 101 4AS ft V Stauffer 3 T8Sft S FtershB 28S-- 13 t SmeUb 36S - S SludePk 31 29 ft i SludePk 2 16' a as SunOil IS' 15 S iSunrvM 49 S ft U SunshM 3 9S Swift 5 H Tevmrp 13 48 r IS TennGe 44 ft Texaco TexGSl Tex Inst TexUt 9a 22 S- S .Textron 28 38S ft S Thiokol T M TideTlO ISV .TunkRB S3. SC -- S Tmsam so, 9 is-- X S lTraiwtm rr LOFGla - 7 Jo H Shalt k r 9S ; 8 17S- 118 57S19 18St a 44 10. spots off 80; utility Sheep 2.500; slaughter lambs strong date. Total NY. bond sales Tuesday, 89.810 000; I960 Total Amer. gtock sales Tuesday, 1.100.000 shares; 1960 to date. 209,691,420. 49e - SjlntPack - IS IniPai US T t Controls CooperB for 140,000 ComPrd Corn Inn a group of CrancCo CrownZ A Co., at Crucible Cudahy THE FIRM has filed registration statement shares, of which 130,000 shares will be sold by underwriters headed by Raffensperger, Hughes price not yet announced. On Aug. 8, 1960, Model issued 5,000 shares to Montek in exchange for 102,525 shares of Montek common. This gave Model majorlty holdings In Montek, SEC reported. IntUke j t 30S-- )S 65S . .MlntondSt Ik ln.pt rC I, 29k 14S r ii iocmt stacker Cattle 8.000; calves 100; slaughter eers steady to strong; kinds 1.150 ), KS good to early sales under mixed Rr khi Rrxall RynMrt RnTrtb RchBdO ForttAir R iDtch ! N -, 25; 23215.000. CHICAGO. Sept. oes 6.500; moderately !- 4- 50; 18 50-- type 19 27 1 34 2 J:inaRjr 11 IoaR.it 1T5l Z H 80; range good utility 6 Ramnr S SlRctt 21 4, JUnDirc - S', SUnDIm 1, 33 Schntrv Si Swm B Sew I1, 4 Sei),Fn 31 S i, SMrtlb 14' S Serial ShamO 125 d.te. RjnhwQ H RcrcRB 33 T to 14 U1 RCA I I 24, 31'- - - I960 8230.000; 00-2- 2 prime Rnere ,! Tundwr. Ml cows, OMAHA. NEB, Sept 27 (UPI) oss 8.000; generally . steady; . .. P to a a .. 48A Ik. A, Cattle 13.500; calves 76; sUugher - Tuesdayi Quotation , IT. . 3 .0 PutrtSP 29H-2- 07 12 7H Proc&G Publtur 4T 4 k New York Bond IRarkct RcpAvm vu 'RetkSU 44H, 1 V-- li 21k-8- so; commercial gilts few Sfxd and choice feeder pigs Sheet 250; market untested; supply "9 i I l' ' BethSt BniwSn BlkADk BlawKx -I -- bon mixed 00; and good Puilman fe PurrOU 21.-- 21 : BestWAil 1 0 33V 4 33 j. Income - IS 3TS S3. Anwx-.i- t and 00 loice 20 00 23 50: medium IS 9 375; barrows and part load Is 1ft 00; kl 31-1 Tout 22 00. 00-2- 8 Calves 175; sUughter calves choice IS. 28 171 lbs 25 85-1- 30 - S PiU'SM Put w Vs Plough -- JtoS S V, 1 J 141 121 ewes, bah Hogg 1,000; barrows and flits steady Lut! Cht. 111 r is iis 37 ,310 T3 I 73 43 134 33S 14 2 1TW lbs aa-a- 13 65-9-0 2.000; calves 100; market smithed on any class; sup npriaed of about 25 per cent sr steers and 40 per cent 585-64- 2 8 82 k - 1 81 8 I. 0: 20k 100s Last! Chg. WX) slaughter heifers, 12 PlwDto S PbiUU Phik-ktnr SS "PtiT PhlllpaP Pnwt B 64 174 Gas Production Shows Slight Increase ntli S S 814ft 4ft 13S ft 5, Railroad Reports 94 - 50. I, Oft ANGCLKg, Sept. J7 (API 'smm) (Summary of trsdthl In ty cf Industry Monday Sept. 25: Cattle 2.400; slaughter steers good SI 1H Ml 13k ParkeD Penney PwiSjilt PefinRR r PemiCo 4 Pel 51 Ut 294 35 Cattle t 9ti4e-1- 3d. 5, Sept. 27 1.000; included low w PsrEPL PirtPK 4 31 14 12 DENY,.. Quotation, 1 43 34 S 4 43 RS teattored 00; 80-1- slaughter and feeder lambs slaughter ew unchanged; 17 AT S Pact PackBl S PAmSul S uPAHA S V 1 3 17 6 low key 22t23V. Butter Prices to retailers A 70V73. AA 70Hi-7- Tuesday barrow., (lit. and and b. IilU 18 00 IB 50; md!u good choice 11 Our I Sake tn le 41 1ft Wells Capable of Producing Oil 3 American Stock Exchange Louis C. Hickman , . . Logan mu heads Utah titlemen. li 817 1- Eng Market gion; Peter Frandsen, Price, southeastern region; Dee Og den. Richfield, southwestern region. MS. - 40; nd 50. Tuesdays Quotations Output for August was 2,934,624 barrels as against 2, barrels in July of this year. Both these figures may be C.tU. 80; Slaughter steers steady to Cattle Strohf; top New York Stock Market 945,450 Markets LOS ANGELES. Sept. J7fUPI-PSMNDairy market; Esse Prices to retailers fob. distributor Plants (delivered 14 cents A REGIONAL vice presidents higher AA extra largeAA55Mi574. large 48V extra lane 4aW-45tAA medium elected included: Fred Gliss-meye- 90 Hi. A large y. AA 40V43V A medium 38 A amall WHUH Ogden, northern re- small consumers A A B lane gion; Gordon Gurr, Farming lane 59-8- A lane AA medium AA A medium 60-5ton, Capitol region; Wesyon 39-4A small 39-4reGarrett, Provo, central e Output for August UnderJuly Production Livestock (API-St- ock , was announced Tuesday. Robert B. Young, Salt Lake City, was named vice n . 17 Sept lower; decline continue. deBond mixed, government cline demand. H her Cotton trade if Ckleeee Wheat Bhchtly higher) light commiatton houae demand. Corn Mixed; late aelUng. Oata Strong, short covering. Marrowly mixed, late Soybean . eellmg. Ho Steady to 15 higher; top has been elected president of the Utah Land Title Assn., it pro-educti- old-lin- Markets in Brief Title Group Qiooscs New Chief 205 Parley Wiy My P. O. Box 270 Salt lake City 10, Utah Iddreu.. Phoac HUatcr Heme.. . Phon JStatO- - I I I I I |
