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Show pf ty- T? HNfieeVp w iii" w" w nry,' w The Salt Lake Tribune, Saturday, December 81, I960 and Down the Street Up, Market Jumbled quasi-mutua- y Firm Now Will Issue Both Types of Policies Under the new arrangement, both nonparticipating tock NEW YORK, Dec. prices ended 1960 In a virtually meaningless Jumble, of small gains and losses. Transactions made with one eye on the Income tax return ruled the day. pol- VOLUME AND breadth of the market both expanded to the highest figures of the year but every major group was thoroughly mixed. Sales on the New York Stock Exchange were the heaviest since Oct 17, 1958, at 5,302,865 shares, compared with 4,340,000 on Thursday. The number of Issues traded set a record for 1960 st 1,281. Of these, 546 rose, 498 fell and 237 closed unchanged. There were 39 new 1960 highs and 16 new lows. Gains topped declines' for the fifth successive day. New York Times Mines Markets OFFICEHQURS - finance Today in Intermountain Business Federated Security Seats President Harry R. Stout, vice presi- additional dutlesr as company dent and secretary of Feder- secretary. ated Security and Insurance The management changes were made at a board meeting Co., has been named president of Federated. of the firm, it BOARD MEMBERS in addiwas announced u to Mr. Barlocfcer, Mr. Earl tion Saturday. He succeeds and Mr. Stout are George Ken-delBlythe M. Card-ner- , Ogden; Dr. E. H. Gibson, Richfield, W. G Olsen, Salt Lake Logan; announced who and Charles Redd, Provo. City, his resignation effective SaturMr.' Stout said Federated is day. embarking on an extensive exM r . Gardner, Mr. Stout pansion program for 1961 that who has been associated with eventually will encompass 11 the firm since 1951, and has states in towhich the company is licensed do business. been its president since 1958, was recently named president of the newly formed Central German Mission of the Church Petroleurti Recovery Corp., of Jesus NQirist of Latter-daSalt Lake City, proposes acSaints. of realty and oil FRANK J. EARL, Provo, has quisition interests in Texas and the been appointed to serve as vice southwest through issuance of president along withWilliam 3,105,105 shares of stock, it A. Barlocker, St George, Frank was announced Friday. E. Williams, Salt Lake City, been has STOCKHOLDERS already treasurer, assigned l, Texas Interests Stock Exchanges Close Monday icies, with no dividends to policyowners, and participating policies, with dividends, wifi be issued. New York Stock Exchange, After Sunday, the firms business will beisegregated into business in force at end of 1960; into new participating busi- Salt Lake Stock Exchange and all other principal securities and commodity markets will be closed Monday following THIS DIVISION ALSO WILL BE reflected by changes Sunday, New Years Day. within the capital structure of the firm. No dividends will be BANKS WILL BE closed as declared to stockholders for. at least five years. will business houses and govaddiof These shareholders have contributed $250,000 ernment offices. tional capital and $500,000 of surplus so that operations on the new basis will not affect the rights of present policy owners. ness transacted subsequent to end of the year and new, participating business after the end of 1960. ' 30-S- By Robert W. Bemick Tribune Business Editor Beneficial Life Insurance Co. will resume operations as a regular stock company starting Sunday, it was announced Friday by Virgil H. Smith,, president ' .'This will permit expanded serv- ces and the writing of nonpartici-- ' pating policies, Mr. Smith said fol-- , lowing a meeting of general agents '7-of the firm. , Beneficial always has been a stock firm since organization in 1905, but since Jan. 1, 1929, it has . ? issued participating policies as a fL t l firm. This means f JrSiJ 'policy holders participated in the of the company. '"""''earnings Mr. JBernick Beneficial, with exception of a few shares, Is owned by the Church of Jesus Christ oj Latter-daSaints. Mr. Smith emphasized that there is no change of ownership or management Involved, nor is any contemplated, as a result of the action Friday. ' Jones , C New York Timet Service - Dow gait Cakf f ibtuif As 1960 Closes Beneficial Life Airs Organization Shift ITI AP 21 non- y have approved the deal which also involves additions to the firms board of directors. Among real properties is the Capitol City Country Club at Austin, Tex., the Cook Building at Austin; two undeveloped residential sulJdivisions at the Texas capital plus oil interests in Rio Blanco County, Co Rio Amfca County,- - N.M., i in Oklahoma. , OF directors n consists of J. R. Abercroml head of Abercrombie Oil ( Houston; Maurice Anders mens store operator at Lake City, aijd L. R. Colls also of Salt Lake City; Clay Nichols and Claude Voyles, both of Austin; C. adillac Vor Wood, Ogden dealer; John B. Parsons,' Logan construction figure, and William Walkenhorst, Salt Lake ice cream distributor. Mr. Voyles is chairman and Mr. Collard, president of the firm. We have a lot of that at this time of the year.. as fatigue. Its American Stock Exchange Fridays Quotations Sales In lOOsiClosel Chg 15! 4HI EquityC 251 532 EurekC FargoOil 26( 2 FelmntP 5j 54 4 24 FirthStr FlyTiger 26 10 1 37 GatlnPw 5! BOARD 86 15 37 85 4 24 3 Mu'xegn NJZmc lain 4 NwPkM 20 OfdnCrp 17 8l 44 44 116 -- USF1B 1941 94 - 24 12 36 41 UtldSug 14 Web&K 32: 4 1 V. ay. - 1 13 sham; Friday, 2,440,000 2 52 10 21 411 StlnHugo Techmcl i44i TriCnWt 12l 25 V 19 Mlydnm MtS.TAT toe It Sales in lOOsIClose) Chg. 94.1 HclaMin HollyCrp ImpOil Kaislnd ToUl Am. t 1960 to date, 288.031,107. New York Bond Market Fridays Quotations 1.000 IClosel Ch Sain. Sales, 81.000 ICloael Ch - 5- Sain. S1.000 ICloael Cht. 9S 2581 3 88 49! 67 18 100V. Ill New York Stock Market known 191 Over the Counter 85Vi I 921.1 IV 24 108 V 1 Hi 83, 221 67 V The following bid and asked quota Standard & Poors Closing 500 Stock Index tlons are obtained from the National 8I.346 A07.750. 1960 to date. 8.050,000: yT Assn N Dealers aalei bond Securities Total Friday, quotations NEW YORK, Dec. 30 (AP) committee They do not represent Total Am. bond aalea Friday. 230,000: I960 to date 32.676,000 actual transactions and are intended as a guide in the range within which these securities could have been sold Dow Jones Average tas indicated in the bid column) or bought (as indicated in the "asked" Fridays Quotations Belco Petroleum Corp. de column Furnished by J. A Hogle 8c Co cubic feet 645,000 veioped daily Fridays Quotations Member of the New York Stock Exchange It is anticipated that the overall result will be at least of natural Ralls gas after a swabVolume lndufc Bid Asked Hourly 1 881 Sales in 100s Closei Chg Sales in 100s Close) Chg Sales in 100s Close) Chg 131 11 Number securities traded 617 94 comparable to the past experience of the company. 11 6,223-6,24860,000 am. run between 546 1 .880.000 Advances 618 94 MO 94 Industrials and Utilities Noon 3' 38 231 ACFInd FchldE PackBl Premium rates on the nonparticipating policies will be bing 408 130 92 Declines 60 617 feet at its Stage Coach Unit ACFWr 231 164 to FamFn 1 7650.000 m. . 41 33 p PanAmS 2.57 75 8 87 B 9 131 08 Inc be Albertson's 30 Unchanged will and s.617 4 2 pm. 3.300.000 N 131 lower than those of the participating policies Admiral 2 43,-4- ! FerroCp PnAWA No. 1 wildcat in Uintah Coun- AirReduc 39 16 00 New highs 68 00 121 77 4.040.000 -Amalgamated Sugar 28 Filtrol PnhEPL 16 3pm 130 10 New lows 62 85 lower than any premiums offered by Beneficial Life prior ty, it was reported Friday. 9 41 00 615 89 5.300.000 Total Amalgam Sugar pfd AicoProd 14i 12416 344 Fireston ParamP 51 00 Arizona Pub Service 49 00 Chg. 131 1041- 41 28 4 FirstAm Close Low Chg. Volume to this time, Mr. Smith said. High ParkeD The wildcat is in Section 23, AllghCp 1 93 76 2 84 02 -Airlines 40 Bonanza 314 bonds 30 76 lOi 89 615 4 28 Flintkot AllegLS 434 40Q 620 80 612 Ihd Penney 9 00 8 00 10 high grade rails 80 46 - 46 , Deseret Pharmaceut to FlaPyL AlhedC 9, 604 -06 129 58 13C85 -- 31 , Rails 202.700 132 Township 8 South and Range AlliedS PenSalt 44 10 2nd grade raila 81 40 18 624 19 75 to FoodFa 5 31 Eitel McCullough 99 39 100 02 - 05 Utils 51,900 lOCf 43 PennRR 22 East. 85 72 - 09 -.10 public utilities 15 14 21 to FoodMh 00 25 AllisChal 60 Garret FreightUnei Comp. 689.000 207 4 2 204 62 205 91 16 91 60 Pep&iCla 03 10 industrials 12 75 201 64 4 AiumLtd Ford Gas Intermountain 11624 PetMilk ALCOA 17 00 101 12 FormstD Interstate Mot Lines 15 50 Pfizer 161 314 25 Const Equip AmaiSug .124 FreeptS Lang PhelpsD Amerada 11 00 15 18 FruehTr 10 00 The Salt Lake Stock Exchange didnt set any records- Macgregor Triangle PhilaEl AmAtrl 6 48 GardDe 5 00 4 1241 Magna Inv & Devel Phiico 18 AmBosch 2 GnAcc 104 00 during 1960. 100 00 41V. Fridays Quotations e Magna Inv 673 55,800 island OINJ PhilipsP AmBrdP 2' 8 GenBk 31 50 7 30 25 unch Morrison Knudsen 46,800 Studebkr Pack PhilMor Bid Asked AmCan GenDyn rK 30 75 Mountain Fuel Sup 29 50 BUT THE YEAR ended Friday with an optimistic note unch PitUPGl wl48,700 Pk Studebkr " GenEi AmCyan 6; National Beverage S 7 92 Affiliated Fund PitneyB 9 V, AmDist $74 32 GenFds - i,, Merr Chpmn A S 44.700 from exchange president Robert P. Woolley who predicted Am Northwest Nat Gas 4 47 19 Pitts WV Business Am&FP a 8V, Genlnstr 42,300 1V, J I Case Intermt Pacific 88 33 5 4 Dev Exp Fd Mnt Atomic 1 4 181 Plough AmHome Gen.Miii V 39H 42.100 Stl better things in 1961. Bethlehem unch Salt Lake hardware 12 29 13 29 Polaroid 112 87b - 1V4 GenMot Broad Street Jnv AmMFdy 5 50 12 37 13 56 Utah Concrete Pipe Mr. Woolley said that a feature of trading the last Bullock Fund ProctrG - to GenPrec 24 AmMetC 11 25 15 88 1 17 18 Vitro Corp of Amer 10 25 Pubhkr Canadian Fund Inc AmMtrs 4 174 - 3 GenRefc 5 75 6 50 11 10 10 16 Yuba Cons Ind Inc PugetSP lGenTelE quarter of this year was activity in the better grade secu- Can Inti Growth AmNGas 2o 82 11 00 04 11 46 49 00 94 Pullman ZCMI Chemical Fund 80 4 - 1 AmPhoto GenT&R rities boarded by the 72 year-ol- d exchange. 10 34 9 51 1 PuieOil Comwlth Invest AmPtsh 42V Gencsco Banks. Insurance, Finance 10 72 RCA 9 78 WASHINGTON. Dec 36 (API The cash position o( the Treasury com. D.vers Gr Stk Fd AmSmelt GnP&c 554 -ago. 8 64 9 47 12 AmStd Rayonr Gillette HE ADDED THAT RENEWED exploration activities in Diversified Invest pared with correspondinl date a year Dee. 31 00 28 00 Continental Bank Dee 24. 1959 2 99 3 28 tl, 1980 26 Dividend Shares C AmStlFd Raythn Gladdng 32 50 34 50 First Security Corp 5,882,168 618 J)S 8.669,049 337 49 16 41 the Intermountain West by such firms as 'Anaconda Co. and Dreyfus Fund ReedRB 15 10 Balance GlenAld AmSug 12 13 00 00 First Secur Inv Co 39.364 762,684 82 42.143,456,852 96 1J 7 40 8 09 389 107 Mi fiscal Inv Electronics AmTdtT year July RepAvn Glidden Deposits 12 50 13 50 46.218.886.932 02 Bear Creek Mining Co., domestic exploration subsidiary of Fidelity Cap Lockhart 52 Corp 46.402 733,039 . -ear: 15 79 17 16 24 65 AmTob Withdrawals fiscal Goodrch RepStl 7 00 6 1241 291.243,151,790 00 (XI8290.820.77 1,477 37 to Security Leasing 39 15 76 17 04 AmVisc 26 42 Revere Fund Total debt Goodyr Kennecott Copper Corp., should draw attention in 1961 to Fidelity 8 3 50 3 00 89 19,456.763,038 1 17.881,264,430 Skaggs Leasing -. 79 4 4 19 assetsAmWWk Revlon 58 Fncl Ind Fund GraceW 184,Gold .70 80 1441-1- 5, 11 74 10 80 434- - 14 Streveli Paterson 71 AmZinc Rexall local mining issues with properties of geologic interest. Founders Mtl GrahPge (xi Includes 401,555.426 58 debt not subiect to statutory limit. 1115 00 100 00 Life Insur 24 Surety 9 79 8 93 Fundamental Inv 46'Ampex 4 ReyMet GrysnR 62 00 66 O0 Mr. Woolley predicted that in the 1960s there would be Grp Com Stock Fd 12 13 13 28 Anacnda 44 434 92 Tracy Collins Bank GtNOr ReyTob 29 00 Utah Home Fire Ins 27 00 12 6841 ArmcoS 5 13 5 61 Richfld Hamilton Fd GtNRy more interest in domestic exploration for metallics and 00 62 66 00 Bk Nat Phoe Armour 9 02 12, 39 RohrAre Valley Hamilton Fd 18! GtWSg 47 00 33 5100 22 Atchison 8 94 9 77 Roy a ID Valley State Bank on the part of companies who feel their foreign Incorp Income Greyhnd 79 151 83 AtlRef 43 Nat'l Bk 41 8 Zions First 909 RylMcB GrumAir 13! Incorp Invs Fridays Quotations 331 3741-1- 21 11 51 10 52 AtlasCp Instit Found Fd Safeway GulfOil holdings are sufficiently large. 34r Oil -40 13 11 68 10 68 StJLead AvcoCp Instit Growth Fd Harsco 26' Bid (Asked Bid (Asked 14' 37 Babcock 441 16 12 38 StLSFra Trust of Boston 11 33 HercPd MR. WOOLLEY REPORTED THAT during 1960 some Inv -8 12 BaldLH 13' 33 08 9 15 05 9 99 .05 StRegis .03 Keystone C Prosper EurkaMn Hershy Banner Balt&O 30 4! 15 21 16 60 2 37! 2 62 .32 do F K 2 .27 SnDiego Hilton RicoArg EurekaSt 16,727,892 shares valued at $2,296,021 changed hands on the BigHtll 7 Bathlr 22 20 10 .05 20 34 do F S 1 SnDImp HoffElC .07 RoystnC .04i GlChain Bonanza BeatFd 12 61 13 76 .35 .30 Salt Lake Stock Exchange. This is down 51 per cent in 214 -do .04 Schenly 04 HllndF GrandD SageOil BnstS -Beckman 55 .12 14 01 13 of Can 15 16 Scherng 05 .05 Homstk GreatWst SlvrKrrg Bullion volume and 43 per cent 'in values from the 34,254,392 shares Keystone Belllnt 22 SeabFin .02 68 5 03 23 SiouxM 6 Knickerbocker Fd 04 03 HouseF HornSlvr BulMon -Beil&H 5b SearsRb .10 .08 Lazard Fund SlronBlS .50 .40 Hou eSd Kennebc 15, 21 .16 at $4,008,149 traded in 1959. Cardiff 12 do pf Servel 27 32 20 09 73 Nationwide Sec 55 SoStand 50 IdahoP Ke stone CentSta Bendix ShamO .22 25 434 3 43 Div Stk Series 06 3 75 SundO.l 05 IdealCm Leonora Trading during December, 1960, of 1,658,358 shares, valued N Sec ChicfCon 21 SharonS Benguet .40 5 68 50 do Income 04 SwnseaC 621 .04 IllCent MajestcO Best&Co dopfd Shattuck at $219 948, was down 33 per cent in volume and off 50 per do Stock 264 03 7 75 04 8 47 38 TinticC .30 Mamoth IndRayn ClavSilv 39 BestwaU ShellOil 03 04 9 66 8 84 TinticLd Growth 04 03 MillerH IngRnd cent in values' from the 2,484,828 shares at $378,763 in the like Onedo Williams Cochise BethSt 31' 18 1 25 ShellTrn 1 20 13 96 03 TnCStnd 02 Street 12 91 iMnoKear InlndSt ColoCon 4 15 1 00 BiglSan 7 58 90 Sheller, 02 8 19 UnParkC .01 Puritan Fd Moscow month of 1959. InspirCp CombMt 20 18 Blk&Dk Sheraton 14 56 02 03 Putnam George Fd 02 UtahCon 15 83 MtStDev Intlake CometCo 3 47 BlawKx Simmns 8 50 7 50 WA,oil 14 78 Putnam Growth Fd 16 01 .04 MtnV IBM UtldSug CmLead BlissEW 38 65 Sinclair 52 15 THE AVERAGE WEEKLY VOLUME during 1960 was-321,70- Telev Electronics 7 73 UtNMG .50 8 43 Naildrvr IntHrv ConsEur 134 45 BoeingA 1 20 Skelly U S. 6 09 6 66 NewPark UtWyoO IntNick 67' 70 1151 17 shares as against an average weekly volume of 656,850 Townsend BookMn SmthC CrEgOtl .02 12 57 04 13 66 .06 United Accum Fd VictorC 04 411 1641 NQuincy IntPck 14! 47 Croff Borden SmithKF 2 03 7 21 7 88 .72 United Continental .67 02! WAlloys NoLilly 246! 311 shares last year. 4 IntPap CrownPt 1108 39 BrgWrnr 07 11 88 02 .06 United Income Fund 10 93 WToledo NoStnd 33 22'- - 4 SoconyM IntRect .01l 6 15 SoPorRS Dragon BdgptBr 07 08 22 Wiliston United Science Fund 13 80 15 08 .18 Paramnt IntResist 2001 26 4 - 2 31 27 ECrwnPt BnggsM dopf 03 05 .01 .02 Value Line Inc Fd YankeeC 5 56 509 PkBghm IntShoe 19 334! 8 66 EstStand SoCalEd Brnswck 3 41 06 04 Zuma Value Line SP Sit .054' 3 73 ParkCCn IntSilv 3 58 17 48 ETinCnat SothnCo BcyErie 41 44 13 83 WWndrld 03 02 15 03 PrkPrmr Wellington Eq IntT&T 220! 48 154 21 i EastUtah SoPac BuddCo 37 10 00 9 15 .18 15 14 13 89 AmalgSP Wellington Fund IslCrCl JPlutus 23 22 28 49 BuTlInd FmpMns SoRy 04 UthFireC 128 00 31 00 03 PrmceCn 23 574 JhnsMn 145 21 FurekaB SperryR Burrghs 50 )34 50 2 00 33 1 UtahPLC 80 Reliance National .Life Insurance Co., a InvRes 12' 64 Jn&Lg 114) 564 StdBrnd EurLllly CalPckg 04 ZCMI 46 00 152 00 05 271 394 ProgCp JoyMfg StdOCal 114 48 Vb 55 Callahan firm, has increased its capitalization to $252,210, or by $42,000, 421 KaiserA 1) StdOInd 22 13 CalAH in order to permit qualification in addd states, Frank B. SALES KanCtyS StdONJ 684 CanDry Wsrnher von Braun 24 3241 Kelsey StdOOh CanPac 1 000 at 7c Siler Bonds Bristol U.S. 351 744 -Kennec Salisbury, president, reported Friday. StdPack CapAirl at 85c . 100 Con Chief KernCL 16 53 - 1 CaseJl Stauffer Dow Jones Serice Corhise Ent . 20 at 25c KerMcG 64 4 4 SterchiB CaterpiJ PAR VALUE OF 21,000 AUTHORIZED shares was hiked Combined Metals, 1.000 at 5c. 200 answers the KimbCk NEW YORK Closing dealers mar- at 4c 500 at 5c OMAHA. Dec 30 (AP) Ceanese SterlDg Kresge and kets (bid and asked fractions StoneWb Hogs 4 000, generally steady to 25 Celotex from $10 to $12 a share on vote of stockholders. Directors Lead. 3 000 at Commonwealth Kress 224i 4 SudeP 1. 190 240 lbs 17 25 17 50; CerodeP changes in 32nds critical question Cons Eureka, 1 500 at 19c 1 2 also named three officers. They are Doyle D. Gill, vice presi- higher; Kroger 314 dow t 3c. 2.000 2 000 lb 17 scaling 25, top (. ertntd Standard. East Lear 174- - 4 18 25 unOi! Cessna 1 0O0 at 3c. at 6,000 3c. dent and director of agencies; J. E. Donaldson, assistant vice Cattle 400, calves 75: 27 Lehman 04 to ISunrayM 20 Great Western. 1 uOO at 5c slaughter ChmpPp LOFGIs facing the Sunshn and heifers scarce, limited ChanceV Horn Silver, 10 000 at 3c; 150' president, and Jack Fletcher, treasurer, all of Salt Lake City. stee LibMcN 104 Sweets Checker on cows about steady; utility trading at Ligg&M 814 Swift Mr. Fletcher replaces Ray Smith, former treasurer. 14 5 25, canners and cutters 1150-1- 3 Chmetrn Leonora. 2 000 at new decade LilyTul 524 Ches&O 75 Tenncp New Park, 100 at 51 15 Mr. Salisbury reported that at years end, Reliance had LinkBlt 44 TennGs Sheep 200; too few offered to es- ChMSPP Park City Con, 10 000 at 91 Litton Texaco do pf 31 million dollars in life, health and accident policies in force tablish a market. 3c 710 at Lockhd 27 TexGlfS Ch&NW Progress Corp . 250 at 3c 16 LoewsT Texlnst do pf and that during 1960 the firms agent wrote 14 Vs million dolProsper Oil, 3 000 1 at 6c LoneSC 214 TexUt ChRI&P 000 at Royston Coal'n., Lorillrd 40 lars in new straight life business. Gross premium income Textron Chrysler Swansea Con . 500 at 40c. Lou&Na 50 Thiokol CITFin Tintic Lead 100 at 3c. 141 52 for 1960 will be $1,600,000, Mr. Salisbury said. The Utah Lukens TideWO CitiesSv Tmtir Standard 500 'at $120, 100 40' 33 MackTr TideWO CityStrs NEW YORK. Dec 30 (AP) firm does business in 10 states. at $1 25 61 47 Macy Transam Stocks Mixed, heavy year-en- d Clarkq West Toledo 8 000 at 6c 21 19 MadFd Transitrn ClvEllm trading. Wilkston. 6.000 at 7c. 2 000 t 7c MagmaC 25i 38 4 TriCont CocaCia Bonds Higher; heavy corporate 500 at 7c 50i Magnav 484 TruaxT Colgate trading Yankee Con , 1 000 at 3c 21 MdrqCm 20thCenF 534 Cotton Irregular: liquidation and ColltnsR Water Wonderland. 1.000 at 43c. 400 t commission 44) 194 Marqrdt Underwd ColoFlr house buying. at 44c 2 MarshF 564 CBS. UnBagC Chicago 3dl 61 Martin UnCarbde ColGas Shareholders of Continental Bank of Midvale voted a Wheat Slightly higher; scattered 15! 44 MayDS UnEl 4 ComCrdt short covering McGrwE 22' 30 100 per cent stock dividend Friday, Walter E. Cos griff, presiUnOCal ComSolv Com Easier, liquidation. 1 McGwH UnPac ComwEd 109) Oats Easier with com. dent and chairman, reported. 16; 27 Mclntyr dopfd Soybeans Slightly lower; late ConEdis McKess 16 37 Wheat CHICAGO, Dec 30 (AP) UnTank 25 51 ConsNG The dividend, amounting to 250 shares, will be payable profit-takin17 Merck No 1 red 2 12. No 2 red 2 12N, 84 UtdAirc 14! 23 Containr Hogs Higher; top 18 50. 2761 No 2 hard 2 13N Com No 3 vellow Merritt UtdAirL 141 47 94 to stock of record Dec. 30 with shares being issued in the ContBak Cattle No price test 1 1 04 1 01 MGM 43! 43 No 4 vellow 14 UtdBisc 65 354 ContCan 2! 31 MldSoUt No 5 yellow 95 next 10 days, Mr Cosgriff said. UtdCp Contlns 64 56 4 sample grade CHICAGO. Dec 30 (AP) 8 1434 - 1 MinnHw UtdECl ContMot 102, 74 yellow Low 97. Close Open High 8 194 UtdFrutt Oats No 1 heavy white 68; No 44 55 - 4 MlnnMo ContOil -321 73 MMM UdPkCM 2 heavy white No 1 extra heavy CntrolsA 2 08 41 364 UtdShoe MinPL white 2 05 CooperB 69. 68; May USBoiax 4' 354 -Mission Fridays Quotations Sov beans No 3 yellow 2 34 ComPrd 86 Julv USAFSc 70i 40 MoPac 1 88 Soybean oil 10 OON Thurodayt bank debits S30.6tt.469 00 Corning Sept. USGypm Monsnto 44 46 Barley Malting choice 1 20 1 23N, day last year 39.559,930 00 CraneCo Corn Utilities Invoivedin the Rock Springs natural gas trans- Same USIndst 14' 31 MontPw 75 90N Feed Week's bank debits 1 124.8R6.980 00 CrownZ 09 March USPipe 27 154! MontW 1 13 mission case have been thrown into a very real quandary by Same week last year 105,399,715 00 Crucible Mav USPlwd 43! 75 Motrola Month's bank debits 1 16 617,304.699 00 Cudahy USRubr July 141 27 thei decision Thursday of the California Public Utilities Same month last, year 650.877,351 00 CurtWr Murray 1 15 USShoe Sept . 431 314 NAFI Friday's clearinai 24,644.007 55 CutlerH Oat USSmelt Commission, The Tribune learned. 29 14' Same day last year NatAv 32.375.992 59 DanaCp 65 March USSmtpf 2 744 Week's cleanms NatBisc 107.924.632 95 DeccaR 67 USSteel Mav 44! 62 week last year 96 892.992 47 Deere NatChR 68 AS A RESULT, NO ONE to state when con- Same USStlpf ' July 141 20 Month'! cleannrs NatCLs 532.874,600 94 Del&Hd USTob Sept. struction will start on this project so important to the Inter- Sam month last year 548,149,115 68 DenvRG 44 60 UniMtch Rye-M- arch NaDairy DetEdts 491 26 1 17 NatDist Upjohn mountain West DtaAlk 4i 33i- UtahPL 1 20 NaGpsm 43! 56 May DiaNat 111 18 Vnadum 4 441 85 1 20 NaLead California is the true construction It of July agency approved , Disney 12 3 VanNrm 141 NatStl 814 Sept DomeM 18' 4fl- 1 Varian about 25 million dollars in new transmission within California 14! 624 NwmtM Soybeans 24 48l- to Jan Vendco LOS ANGELES. Dee. 30 (UP1- - Douglas 2 30 144! 44 NwpNS DowCh 36' Walwth by two gas distributing firms which would be served by the FSMNS) 41 ,25 2 34 March NYAJrB Dresser 4 52'- WarnrBr Prices to dis2 37 retailers 16 125! million dollar of El Co. May Paso E,s: lob NYCent 151U and tributor Natural Gas Duolan project 8 6741 WmLm 2 38 plants (delivered lvt cents DuPont 441 38 NYCSL July 41,41 WashWp the Colorado Interstate Gas Co. via Colorado, Wyoming and higher) AA extra,. large A DuqLt 221 13 441 Sept. 1 11! 19 NYShpb WstAirL extra large AA large 61H EagleP 2 16 Nov 491 39 NlaiM 24 3! WstPac Utah. 53 A large 48 i --48 Mi, B large 4314 EastAL 21 98 Lard i 211 U (drums) Nrf&W 40 WstUn 441. AA medium 4814-48110 50 A me- Eastman 10 50 f 10 45 Jan 461 47 NoAmA lfll 22 WstArB , AA gmall A EatonM 10 60 v 10 55 March 10 60 BUT THE COMMISSION VERY carefully said, accord- dium 36' 49 NoAmCr 44! 47 WestgEl small 364,-371consumers AA large FdisonB 10 80 10 82 ' 10 80 Ma 14' 4?'- 441 424 WheelStl NoPac A large AA medium 1 2! 454! 10 80 10 80 10 80 ElAutoL V4 July 16 27 ing to wire services, that it didnt want any new increases in A medium 381 44 Wirlpool Nrthrp AA small 31 50 A ElStreB WhteMot 311 40U . 291 15 NwstAr natural gas rates in southern California as a result of this mall 3 21 12V4I-l- Oi 7 EleinN 9 to WhteSM 24! 35 OhioEd Poultry: Fryers (at' ranch) 16-128 ElPaNO 6! 42l- WilsnCo 49! 374 OhioOil project This affects the economics of the project, of course. roastera 51 5041-2- 01 (at ranch) 26' 27-6' WinnDx light type EmsrnE 49i 434 OllnM hens cross 1141 69 young hen FmnmR Woolwth The two distrbuting firms can agree to this and proceed hens OUR NEW SHEAR 461 594 - 1 OtlsEI 111 5 U turkeys 32, young tom turkeyg 24-- ErieLck Wrthgfn 50! 4fi v4 23 of course. OutbdM And this would place the 2414. 35l 11! 121 with their construction, EvansP Wyandte II 394 OwenlO 14! 2! 35l FxCellO YngSW 27) I Rock Springs project on the immediate building list in this 431 75 111 88!-i YgstnST 21 22 PacGEl EShyW-I- S Fairbks 13 53 141 99 PacLt 12! 7 Zenith FairbWh area. If there is a major modification of the contracts between to FacT&T 45131 W Ar Now Paying however, this probthe distributing firms and El Paso-CIG- , Total N.Y. stock sales Friday, 5.300,000 shares; 1960 to date. 766.726,734. NEW YORK. Dec. 30 (AP) case of the entire before the would Wool futures were lower Friday on require reopening ably house telling. Wool tops Federal Povyer Commission which approved the deal, subject commission futures were mixed. rOR UNPREPARED pries prevailed at Sydney to California 'Public Utilities Commission action on new trans- andHigher g-LSMARABLI SCRAP IRON London. AL -. . Wool futures closed 4 to .6 of a mission within California. Sunday, January 1st, In s Delivered Our Plant t Grade la loose dozen) Eggs DISHES by (prices cent 112 112 lower. OB, March 2B. TABLES, CHAIRS, , May ' B AA A medium 53; 51; 54; large 1124: Oct 113 4B; March 114 5. July PEPPERS ALLIED ANY REOPENING OF THE case either before FPC,or SILVER FOR NEW YEARS large 47. Certificated wool spot 110 10N. This Week Magazine with Wool tops futures closed d of I Cheese; 40 lbs rindlesa block 41; in renewed hearings at Sacramento would delay construction cent Soli lake Ogden METALr COMPANY lower to 6 of t cent higher, S lbs sandwich loaf 45; mild Lone-- 1 1427 Wadi. lvf 117 Slat 146 0. Dec. 147 0. horn 4ft. 401 WEST 9TH SO. El 7433 for a substantial period. A way put of this imbroglio is now Certificated HU4-43&hf 1X4.9414 spot wool topi 145 ON Butter: 93 score 72; 92 score 70; involved. and between discussed principals among N i B Bid. Nominal. being CLOSED SUNDAYS. 90 score 69. t - ,( Produces Gas ' Lower Rates on Nonparticipating Policies Due 6! S.L. Exchange Head Sees Upturn ' r Mutual Funds Ten Leading Stocks U.S. Treasury Salt Lake Stock Market hi Utah Insurance Finn to Expand 03' Livestock 4i Goermnpit Market 2c (, 3c. 3c 5c 4c Markets in Brief Bank Votes 3c. Stock Dividend 100 (fash Grain Grain Futures Quandary Shrouds Gas Case 07. 99; S.L. Bank Clearings Egg Market 8l SPACE? 9' ,Wool Market Salt Lake Produce HOWE RENTS' I. dft H ifliff-f- fi t rr-- i A ifiil w Scrap Iron 0 MB 14S0Z i. f Balt akt tribune |
