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Show The Salt Lake Tribune, Thursday, April 27, 1961 80 Livestock New York Bond Market Up and Down the Street Wednesdays Quotations Markets - State Denies 4 Bids For Bank Service Oyer the Counter, Mutual Funds The following bid and asxaa Quotations are obtained from the National Securities Dealer Aasn quotations committee They do not represent actual transactions and are Intended as a guide in the range within which theee securities could have been sold (as Indicated In the Mbid column) or bought (as Indicated to Uta asked" column ), Wednesdays Quotations , , 8ALT LARI (Wednesday Cattle 450 head, led Auction) steers and heifers making up bulk of 0 per cent. Slaughsupply between ter eowa around 30 per cent with stockers and feeders the remainder. steers and heifers M to Slaughter 1 00 lower. With Holstein showing most decline. Slaughter cows selling stockers and feeders steady fully good to low choice fed steady. High steers 21 50-2-2 25. with few light weights up to 22 60. Bulk low to aver73.100 age good steers 20 25411 25. Utility and . Total N.V. bond sale Wednesday. 86,770,000; 1961 to d.t By Robert W. Bernick to Odd $30.037.000. 1961 data standard Holsteina 18 340,000: aalea Total American bond Wednesday, head choice light weight heifers 22 3 Tribune Business Editor 00. Bulk standard and good 19 50-200 wih few low choice 21.25-2- 1 75 Utah State Bank Commissioner Spencer C. Taylor denied Utility down to 17 00. Standard eowt 8 17 40. Utility and commercial two unit state banks and two branch banks in actions this ' 75. 21 00 with few low choce 21.25-2- 1 it was reported Wednesday. Wednesdays Quotations 12 50. down. 14 50. Shelley canners j month, Good to choice feeder steers 650 to 750 Atty. Clair M. Aldrich and Kent 60 Medium and good up lbs 22 00-2SC. Tolboe of Provo were seeking a to 840 lbs 19 0 75. Good to choice stock steera 475 to 600 lbs bringing in that community, state bank 55 unit 22 5 50. Medium to good 19 00-2-1 7 75. Common Holstein feeders 17 where there are now three banks 75. Good to choice light weight 2160-3- 4 stock with heifers two branches of 00, and packbank I (a unit age 480 lbs 25 25 Medium to good calf iSalt Lake banks). heifers 16 40-1-7 60 Medium to good stock cows with calves at side 189 Robert R. Fitts, et al, were 00 per pair. and Calves 100 head vealers a turned down on application of unit stock calves in limited number selling state bank at Murray. Name of this steady. Choice veal rather scarce. Odd bead 28 9 50, Standard and good 26 00-2-7 00. Medium to good stock proposed bank was the Western steer calves 24 00-3- 25, choice lacking State Bank of Murray. Mr. Fitts is Ronald R. McNaughton . . . Medium to good stock heifer calves Mr. Bernick 21 50-380 with some Holsteina down chairman of Valley State Bank. Make try to know Canadians. Total Anyrlcan stock sales Wednesday 3,260,000; 1961 to dste 191,580.965. to 18 50. Also denied was a branch bank application for North CHICAGO. April 28 (UPI USDA) Ogden by the Bank of Ben Lomond with main office at Five Hogs 6.000; active; butchers 25-5-0 higher, best demand for weights 220 Points in the City of Ogden. lbs down; sows fully steady: good shipping demand: mixed US No 190-23- 0 lb butchers 17 25-1- 65; Wednesdays Quotations 300-40- 0 6 U tows 16 mixed No. 00; mixed No, 54 and 4 400-60- 0 An application for a branch at Castle Dale, the county lb 14 5 50 Cattle 11,000, ealvee 100; slaughter seat of Emery County, on part of the State Bank of Wayne, steers generally steady, instances 25 higher on standard and below; heifers at Loa, was denied. steady to 25 higher; cows weak; other classes steady; most prime and mixed Branch bank applications pending before the commischoice and prime 1050-145- 0 lb steers Carbon-Emersioner include that of the Bank, Price, for 25 7 75; few high choice and mxed choice and prime heifers 24 5 a branch at Castle Dale. Also, the Beehive State Bank of 00; utility and eommercal cows 15 8 00; canners and cutters 13 50- Salt Lake City is seeking a branch at the Victoria Shopping Ronald R. McNaughton, pres16 50; utility and commercial bulls East. ident of the American Institute 19 Center, 3700-9t50; good and choice vealers 25 004100; culls down to 12 00, two of Mining, Metallurgical and loads good 630 lb stock steers 24 85 THE VALLET STATE BANK is seeking a branch at Petroleum Sheep 1 500; rather slow; slaughter Engineers, Wedneslambs weak to 50 lower, most decline 3610 S. State ant! still has application pending for a branch urged U.S. firms in Canada day on 110 lb up, ewes about steady; East in Salt Lake County. at 5600-9tdeck good and choice 101 lb wooled to evince a "greater awarelambs 15 75 deck 130 lb 12 25; few The Bank of Kearns at Kearns seeks a branch at Taylors- ness of Canadian sensibilities. 2 lb shorn decks mostly choice 5 No 2 pelts 15 50 deck choice ville and Clearfield State Bank, Clearfield, still has its ap114 lb No 1 pelts 13 50, slaughter MR. McNAUGHTON ad ewes 6 50 down, three decks 99 lb plication pending for a branch at Sunset, Davis County and dressed a shearing lambs 15 25. meeting the Bank of St. George its application for branch at Enterof the Utah OMAHA, NEB., April 3 Wednesday (UPI) night prise, Washington County. Livestock; Hogs 8,800; fairly active, Section and the Student Chapinto strong, steadv generally 25 25 higher but top ter of AIME at the University stances 0 3 No. lower Mot US grades of Utah Union Building. lb 16 25-1-6 75; top 17 00. fllUS Mr. Taylor expects to act shortly on applications for 8.000. calves Cattle 50; slaughter He is metallurgical manager Banner Mm , 100 at Ml. 10 at Ml steers steady to strong; choice heifers two unit banks at Roosevelt which have been pending before at Trail, B.C., of The Consoli strong to 25 higher; other heifers Big H1U. 500 at Jet M0 at 22c. fully steady; good to high choice dated Mining and Smelting Co. Bristol Silver, 4.000 at 7c. his department for several years. steers 33 0044 35. most good to averNEW YORK April 28 (APT 2.000 at age choice 22 4 00, cows fully The Moab Valley Bank seeks a charter for Moab, although of Canada, Ltd., world's largest Bullion Exp.,2 000 eon tin Stock recovery Higher, at $c. , St Central steady, utility and commercial 16 GO- ties the group proposing this bank is reported to have joined producer of zinc metal and a Chief Con. Pfd , BOO at SI 25. 17 50 Bonds Mixed; governments imSheep 2 700; slaughter lambs BO-forces with other Moab residents headed by W. R. McCormick major producer of lead and Clayton Silver, 500 at 22c. 500 at prove 00 lower, choice 104 lb wooled Cotton Irregular; liquidation and silver. 22c. at 500 22c. lambs 35 00. choice and prime for a unit, national bank in the Grand County capital trada buying Colorado Con., 5 000 at 6 ib spring lambs 16 75. choice Chfearot Cons Eureka, 100 at 24c lb shorn lambs including some MR. McNAUGHTON told hla Wheat Mixed, new crop months Crown Point. 333 at 2c No. 1 pelts 14 50 full with firm to prime steady Bait Standard, 6.000 at 25c AIME audience: Com Lower, profit-takinEureka Bullion, 1,000 at 13c Oats Down with com. "I notice that when Ameri Grand Dtp 100 at 62 e: 100 at 65c, Soybeans Off aharply; profit60c 800 at can business people start firms taking 10 000 at Great Western. Hogs 25 to 50 cents higher; top Leonora. 075 at 3c Wool NEW YORK. April 36 (AP) Great Yellowstone Corp , Salt Lake independent, has in Mexico or France, they genNorth Lilly, 200 at 80c; 200 at $3c. 17 75 futures were lower Wednesday Cattle Slaughter steers generally tops from Gulf Oil Corp. on Book Cliff Unit erally are pretty careful to 300 at 10c. Wool taken a farm-ou- t on commission house telling steady top Jf.75 Plutus. 150 at 17c. futures were mixed. Future market wildcat test see to it that they dont interOil. 1 800 at 40e in Grand County. The firm will drill a 6,500-foo- t Sagt were abroad higher Standard. 800 at 47c 6 of a cent to the Salt Wash section of the Morrison formation, said fere with local feelings. On South Wool futures closed Oil, 800 at 31c, 8 000 at the other hand, they treat 32c.Sundance lower to 1 8 cents higher May 131 0B 100 at 33c. Daniel Meyer, executive vice president and general manager 7 128 Dec 130 8 134 Oct 5B July Canadians as they would their (Swansea Con , 600 at 40c LOS ANGELES. April 26 March 130 8B. Mav 131 2B July 143 6 lit NM Gas. 800 at 49c of Great Yellowstone. 121 to wool 8N. retailers Certificated Eggs friends back in the United Water prices spot VVonderland 1 000 at 33c, 500 fob distributor A plants (delivered I 3 to 4 Wool tops futures closed at 33c; 300 at 35c A extra large 43 LOCATION OF the Book Cliffs Unit No. 1 is in the States. higher) of a cent lower July 161 0B, Ori WiUlfton 1,000 at 16c, 500 at 17e, cents 45 V A 40 AA extra large 42. 0B 162 164 c 17 Section Dec 300 32, at 0B, of 8 B A large southeast quarter of the southeast quarter Urge BUT THE POINT of fact Yankee Coa . 1 000 at 5e. Certificated spot wool top 160 5N AA medium large B Bid. N Nominal A medium 28294. AA small Township 18 South and Range 22 East. The unit covers is that Canada is a foreign 22-2well consumers A in the small gets Yellowstone 14.700 acres and Great sinking a foreigner in 42-4country and AA 9 AA Urge A medium AA A medium Bfftfk medium 39-4a 50 per cent working interest. Salt Lake City. small 39-4A small 8 Fork to Diamond the how Mr. is said, unit This immediately contiguous McNaughton Poultry Fryers (st ranch) Wednesday1! Quotations API No CHICAGO. April 16 roasters (at ranch) 22 25, light Oil Corp. discovered natural ever, there are many U S. com-panle- a Unit where Sunray young wheat corn, oats or tor been tales hens cross 063.006 00 type hens 6--8. bank debits $25 Tuesday's oil 22 the Salt 13N Soybean in Canada that do make Sama dav last year 23.533.045 00 hen turkeys 22, young tom turkeys gas Jnji stratigraphic play. Formations other than Barley Malting choice 1 10-- 20N. Butter Prices to retailers grade AA 22 072 286 29 Wednesday's clearings toed 93-1 OON. 4 A 69-7Wash whicTTHll be tested include the Castle Gate, Buck the necessary distinction. Same day last year 19.704,570 71 NORTH Wednesdays Quotations ladestrlala and Utilities Bid Asked American Stock Exchange Canada Due Beaks Insarenee Finance Salt Lake Stock Market Denies Call for Branch at Castle Dale Tact, Says AIME Chief joint Bids Pending Several Years Near Action Markets in Brief Produce Market April 26 (UPI) Prod-uc- e. Live poultry White Rock fryers 18 19; special fed l8-2roasters 4 CHICAGO, 4042: Mining Bonneville Ltd t Columex Federal Resources Four Corners TJraa Hidden Splendor pf Independ Coal-Cok- e Rare Metals United Wstm Mnrla Utah Const 8c Mng 4c. 800 600 300 13 3 50 9 75 10 62 10 684 87 312 62 56 80 93 1 06 2 62 87 59 50 Grain Futures 3c. Plan Grand County Wildcat Tongue, Dakota antfMorrlson. Udall Considers Anelli Unit Action Interior Secretary Stewart L. Udall and his staff have taken under advisement request of the Superior Oil Company of California for a public hearing on the issue of approving the McElmo Creek unit of Greater Aneth oil field, San Juan County. THE SECOND UNIT agreement covering the common of the big field was pooling of lease at the McElmo section secretaries John assistant and Udall to Secretary presented E. Roberts and Calvin W and John by Brigham Kelly Carver counsel. Rawlings, Superior's Salt Lake legal Present at the Washington, D C., session was Rep. David S. King (RUtahi who urged speedy action on the proposal in' the Interests of conservation. Losing Million Barrels a Month declines and Mr. Roberts said that because of pressure failure to start secondary recovery of crude oil at Greater of oil a Aneth, the field was "losing one million barrels oil never to be recovered. month to start Unitization of the field is a necessary prelude Unit Creek McElmo of waterflood type secondary recovery. is one of four proposed at Greater Aneth. MR. ROBERTS SAID HE TOLD the Interior Secretary were being that apparently the unit agreements for Aneth of the Navajo held up in Washington by representatives Indian Tribal Council stated its He said the Tribal Council had not clearly these to the unit were and he wanted them to make a in hearing. public if any, statements or objections, Expands Uintah Development S.L ON THE OTHER side of the coin, some Canadians have dis covered it Is easy to get head lines by passing off rugged Canadianism as anti Ameri canism Gearings - WASHINGTON tence , all-ti- just a decade ago. The growth story in the 11 states is a climb in population to a total of 35,718,636 (1960 census), up 33.9 ered per cent in the past 10 years and still rocketing. As for expansion Demand for El Pasos services and products by longtime customers keeps increasing as families and communities and businesses grow. Then add the millions of new people, more new businesses and all their needs. realization by everyone Add, too, the of the economy and conveniences of gas as a source of dependable energy for a multitude of uses. And El Paso is expanding to meet this need. To supsuch growth areas as Calply its customers-includi- ng ifornia it has developed the most diversified gas supply of any company in the nation. Today, El Pasos pipe- -, lines are connected with the principal producing area3 of the West and Southwest, in addition to vast reserves ever-increasi- wkW lw tonr Srbxlaal Sm 44 V m.-m- , itot J REDMAN BUILDING 13th Mr. Woolley, So. important projects recently completed, and reports Ttit'Year Population Growth Pipwms from V$ Cbntitt, 1950 and I960, progress on others from Canada to the Mexican border. For copies of El Pasos 1960 Annual Report write to: El Paso Natural Gas Company, El Paso, Texas ; REDMAN VAN and STORAGE CO. A. A EL PASO NATURAL 6ASjlCOMPANY DA for all moving anC .torage tall and AAtut last and 21st or call I fcA The Companys Annual Report reviews a number of House-off-st- reet SECURITY LIFE INSUtANCI STOCK in Canada. office space In Sugar parking WANTED SENTINEL at this convenient : In 1960, El Paso furnished customers in 11 Western states more than 1 trillion cubic feet of gas an record and over four times as much as was deliv- Presi- Go., etc. Look with Growth and expansion continue to be the two big for the people who live and activities in the West-bo- th work and play in this booming region, and for El Paso Natural Gas Company which supplies natural gas to so many of them for so many purposes. Much of the story in detail is in the Companys Annual Report for 1960, just out. The growth part of the story for El Paso, in a sen- - Arrange Financing ahead from natural gas Ulali Oil Well Drilling Slumps Cerro Corp. NEW YORK and Newmont Mining Corp. Thursday announced financing has been arranged for the new Cement $64,000,000 Atlantic Co. project at Ravena, N.Y, owned Jointly by both firms. era Whits. block duplex. 1340-13Raymond Fritseh. brick house wit garage, 3168 Bel Aire $r, $I8,(00. W 8th South $13,000 more and more energy too dent Kennedy has ordered all government departments and agencies to report immediately any 25 active rigs to the Justice Department bids Oil well drilling activity in Utah dropped to cases of identical sealed 30 and earlier month a on April 17- compared with 32 rigs on government orders over $10,000. rigs at this time a year ago. ConTHE AMERICAN ASSOCIATION of Oilwell Drillinga r from tractors said that drilling In Colorado dropped indriUing while Doctor-Law- yer 17 ago to 18 active rigs on April to 62 atWyoming Nationally, present. last 55 year from creased rigs at to work ast year to l drilling dropped from 1,829 rigs 101 rigs to 83. from present. Canadian drilling dropped Accountant-Lo- an Salt Lake City The West rockets Corp. Is expanding field development Uintah County, in apparent anticipation of at Chapita Wells. Uintah Basin construction of a new transmission into the Gas Co. Natural Paso El and Co. Fuel Supply by Mountain Wells Colorado Plateau sections durTHE FIRM ANNOUNCED locations for Chapita 22 ing the remainder of this week. and 9 South Range 11, Township Unit No. 15 at Section same 16 .71 at Section East and Chapita Well, Unit No. Wasatch Seeks Identical Bids township and range. Both seek production Dow Jones Service formation. Belco Petroleum building Permits Cash Grain "Americans should not be greatly upset b these "blasts that come out ever once in awhile, Mr. McNaugh ton said, as such statements are purely political clap trap for domestic consumption. ANY THINKING Canadian is darn glad that Canada has been able to encourage Amen can and foreign Canadian in vestment, he said In addition to lead silver zinc he said, Consolidated produces a large line of agricultural fertilizers THE SULPHURIC acid for the treble superphosphate is a byproduct of metallurgical reduction of ores. Phosphate ore for this particular fertilizer is produced at Garrison. Mont All the mining at Consoli dated mine being the largest unit at Kimberley, BC. CONSOLIDATED recently started production of pig iron at a 100 ton a day electric furnace This is the forerunner of what will be a major steel complex in western Canada. Mr. McNaughtons company is primarily owned by Canadians. The majority of shares is held by the Canadian Pacific Railroad Co. HE LEAVES with his AIME staff Thursday for visits at Moab and Price, Utah, and 32.33. New potatoes supplies moderate: 4emand moderate; market steady Track sales Arizona round reds (50 lb) 2 75 Street sales: Florida round reds i60 Ib) 2 35-- 2 60. California long whites (100 lb) 4 654 75 Onions arrivals 19, track 72 supplies heavy, demand slow, market weak Track sales none reported Street sales Oregon yellow Spanish 2 25. Texas yellow granos 'large 1 60 large 1 75-- 10, 00--heavy to mui sire 1 8ft medium 2 2 15. white granex large 2 25 2 50. medium 2 25 2 50; Texas yellow granex medium 2 25. Egg Market Im 32: 4 50 Wool Market 4c. Cheese Single daisies 4043; Ion horns processed loaf Swiss grade A grade B Grade C unquoted Butter Steady to easy. 91 score 60; 90 score 57. 89 score 56; carlots: 90 score 58; 89 score 56 Eggs: Easy. White large extras 33; mixed large extras mediums standards dirties 31; checks 31 Potatoes Total U S, shipments 561; (old) arrivals 58. track 248, (new) arrivals 11; track 15; (old) supplies moderate; demand slow; market dull to weak. Track tales (100 lb U S lX unless otherwise state) Idaho russets 5 25; Montana 4 95, Minnesota-NortDakota Red River Valley round reds 3 25. 25-sales Street Idaho Tussets 5 6 00; bakers 6 75 7 00. Minnesota North Dakota Red River Valley round reds 3 754 00 Wisconsin russets 4 254 50, round whites 3 25, Michigan russets El Paso Natural Gas Company provides natural gas to industrial customers and distribution companies in California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah, Washington, West Texas and Wyoming. An-ton- a, j |
