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Show The Salt Lake Tribune, Thursday, May 25, 1961 Up and Down the Street Aircraft, missile stocks skyrocket since '61 start Aircraft 4 MsW Stock MCWTMCInMtVl 40 440 400 400 O State Department Fairchild Eng, Republic HOC . A. Lear By Robert W. Bernick Tribune Business Editor .E. H. Snyder, president of Combined Metals Reduction Co., Wednesday voiced the opinion the .State Department was thwarting efforts of John Kelly, assistant secretary for .minerals, in solution to the distress domestic lead and zinc mining. The Salt Laker writes U.S. Sen. Alan Bible that he feels ' Vhe "machinations of the State still are blocking any action by the Interior Department. ; Mr. Snyder, who is a member of the executive board of the Emergency Lead and Zinc Committee, an organization representing 90 per cent Mr. Bernick of the U.S. producers of the two metals, says the loss of 6,000 jobs in the last couple of years in "our primary industry means a decrease of approximately 18,000 jobs in service industries in our communities. ;ln .... Curtne-Wrig- . ht . Dm e MR. SNYDER SAID THAT on basis of loss of 1,560,Q00 man shifts involved in work of 6,000 miners, some $31,200,000 in pay rolls were eliminated in the domestic industry again, virtually all of this in the' West. Another $74,880,000 was lost because of services not performed by other industries in support of the mining effort, he said. Loss from miner employment and service employment totals $106,080,000, to which may be added the value of ore as computed by Mr. Romney, bringing the total economic loss to more than 150 million dollars. MR. SNYDER TELLS Sen. Bible that the government itself was deprived of some 30 million dollars annually in federal policy regarding im taxes because of port of foreign metals. Mr. Snyder said that while it was hard for him to follow the "mental gymnastics of the internationalists in Washington, it doesnt make sense to buy 200,000 tons yearly of surplus foreign lead and .zinc and destroy 106 million dollars in payrolls; 30 million dollars in taxes for government and 48 million dollars in unemployment compensation for American miners. short-sighte- Dragon Consolidated Net Rises Dragon Consolidated Mining Co. Wednesday reported net income of $75,228 before depletion for year 1960. Roland B. Mulcahy, president, said this compares with net of $70,901 for year 1959. AT END OF I960, SURPLUS, without deduction for depletion, appropriated for amortization of mines and mining claims, was $834,705. Dragon, an affiliate of a subsidiary of Anaconda Co., owns an halloysite clay mine at Eureka which is operated by Filtrol Corp., Salt Lake producers of clay catalysts for the oil refining trade. To Review Project Edward M. Naughton, presi dent and general manager of Utah Power & Light Co.; will speak on the Colorado River Thursday Project Storage noon at the regular meeting of the Salt Lake Kiwanis Club in Hotel J'tah. Standaid and Poof, clo.in r1 Mav 24 (AP) NEW YORK, 425 25 50 500 Poors Closing 500 Stock & Industrial Railroads Utilities Stock - IntHarv IntNickl IntPack IntPapr IntRect IntResi IntShoe IntSilv IntTAT SoPac SoRy IslCCoal JnsMan JnALgh JoyMfg KaiserAl KCtySou KeleyH Kenncott KernCL 40 144 20 15! 46 53 ColGas ComCrd ComSlv CmwEd ConEdt CnsNG Contner ContBak ContCan Contln ConMot ContOll CntrlsA CooprBs CornPd CrningG CraneCo CrownZl Crucible CudhvP CurtW CutlrHm DanaCp DeccaR Deere Del&H ' Mb ' McKes Merck Merritt n- Mir' jig JACK HAMMERS Salt M 1171 HU Stele CIOJEO - Oe4en 1427 Wed,. Ilvd. IX 49414 SUNDAYS Jones Averages Wednesdays cross-bred- Quotations OGDEN Cattle 20. not (AP USD A) Calves none. Hogs 60, no eatlv sales Sheep close: ew spitng and old rop slaughter lambs stead choice 8 nd prime lb spring slaughter CHICAGO, Mav 24 (UPI USDAi Hogs 9,500, active, butchers under 240 lb fully steady to stiong. over 240 lb steady to weak, sows mostly steady, instances 25 lower on 450 lb up; good shipping demand and clearance: around 140 head mostly No 1 2 200 210 lb butuheis 18 00, mixed 0 200-23- 5 lb 17 75, No 1 lb 16 7 25, No 2 3 230 260 lb 16 75; No 2 3 and 3 250 300 lb 15 25, mostly No 3 280 340 lb 15 00-1- 5 75; mixed 1 3 lb 300-45- 0 13 lb sows 14 50 25-1- 5 50; Cattle 12,000; calves 100; high choice and prime steers all weights and all grades over 1.350 lb weak to 50 lower; average choice and below under 1,150 lb steady to strong; other steers about steady; heifers fully steady; cows steady to 50 lower; other classes steady; loadlots prime and mixed choice and prime 1,050-1,40- 0 lb steers 0 23 00-2lb 22 00-2-3 25; choice 00; good 20 utility and NEW YORK. May 24 (APl-Sto- cks standard 18 00 20 00; choice heifers Lower; AT&T weak 75 22 50;. load mostly prime 1,075 Bonds Lower: kovernment, .lump 21 lb 22 75, good 20 50; utility and Cotton lireular: quiet trading standard 16 9 50; utility and comCbleaga 15 7 cows 50: mercial canners and Wheat Lower, liquidation Corn Higher, scattered ihort cov- cutters 13 7 1700; 0 utility and commercial bulla 50; good and ering 0 00; culls down Oats Narrowly mixed; light trade. choice vealers 25 00-3-750-9010 to lb stockers few 00; good Soybean, Higher, late tally and feeders 22 Hog, Strong to weak; 18 00. Sheep 500; all classes moderately Cattle Slaughter ateerf topstrong to 50 lower; top 25 25. active; fully steady; several lots lb native spring lambs choice 19 50; few aales good and choice 75-1lb 18 00-1-9 00; deck mostly choice 90 lb old crop lambs fall shorn pelt 17 00; short deck choice 110 lb old crop lambs fall shorn pelts 17 00; Wednesdays Quotations short deck choice 110 lb shorn with No 1 pelts 15 00; some choice 137 lb sorted 11 00: most cull to choice mixed few shorn slaughter ewes 440-5.0Affiliated Fund 25 5 Atn Business OMAHA. May 24 (UPI) Hogs 10.- Atomic Phy Sci Fd 500: around steady, but top 25 higher A Axe Houghton B 190 240 lb 16 25; top 17 50. Boston Fund Cattle 8.000, calves 25; blaughtef Broad Street Inv steers steady to 25 higher: heifers' Bullock Fund fultv steady to strong, spots 25 higher; Can Fen Fd 1954 good to high choice steers 20 65) Canadian Fund Inc 25. most choice steers 21 Can Inti Growth Chemical Fund Comwlth Invest Diversified Gr Stk Diversified Invest Wool Dividend Shares NEW YORK, May 24 (API WestTole 06 V 08 Dreyfus Fund futuies advanced Wednesday on comSc Eaton Bal Howard 17 dealers house and 18 Williston mission buying. Eaton & Howard Stk 07 London and Australian wool prices 05 YankeeC were higher. .04 04 Va Electronics Inv 1 to 4 of 6 Wool futures closed Fidelity Cap 30 WalterW 35 cent higher. July 115 6B; Oct. 119 2; Fidelity Fund Fncl Ind Fund Dec. 1217; March 1217. March Sales Founders Mtl 123 OB: May 123.5B, July 124 8B, Qct, U.S. Government Bonds Fundamental Chief Con., 100 it $2.50 Inv 125 4B Chief Con Pfd., 100 at $1 70. Group Com Stk Fd Certificated wool spot 112 5N. Dow Jones Service Hamilton Fd Clayton Silver, 1,000 at 24c Wool top futures closed 2 of a cent Combined Metals, 5,000 at 9 'Ac. NEW YORK, Mav 24 Closing deal- Hamilton Fd lower to 3 of a cent higher Julv Comet Coaln , 2,000 at 8Mtc. ers markets (Bid and Asked fractions Incorp Income 157 0B; Oct. Dec. 157 5B 157.0B; Commonwealth Lead, 1,000 at 4Hc and changes in 32ndu). Incorp Invs July 158 3B Cons. Eureka, 2,000 at 27c; 1,000 Instit Found Fd wool Certificated tops 155 5N, spot Notes at 27c. Bid Asked! Chg Instit Growth Fd Invest Tr of Boston Eureka Lilly, 1.000 at 12c. B-Keystone Cstdn 4 Keystone. 700 at 50c. do K 2 Leonora, 4.000 at 5c; 3,500 at 5c do 4 Diamond B, 2,000 at 15c; 2,000 at 15Vc Keystone of Can Knickerbocker Fd General Contracting, 100 at 67ViC. Bonds Lazard Fund Majestic Oil. 17,000 at 3c Invest Tr Mono Kearsarge, 5.000 at 3c 98 31 - 4 Mass Mass Inv Grth Stk North Lilly, 500 at 75c; 100 at 77c. 1 99 31 Wide Sec Nation Park City Con., 2,500 at 5Vc. - 7 98 20 Div Stk Ser Park Premier, 1,000 at 3c. 97 10 - 8 N doSec Income Prince Con , 6,000 at 16c; 500 at 15c 10 90 20 do Stock Prosper Oil, 3.000 at 6c; 7,000 at 6c. 12 97 24 do Growth and Company rtoyiton Coaln., 4,000 at 6c; 3,000 17 One Williams Street 99 00 at 5 'Ac. 14 Puritan Fd 99 12 Sioux Mines, 2,000 at 4c -- 16 16 88 Putnam George Fd Swansea Con , 500 at 36c. -- 16 88 14 Putnam Growth Fd Tmtic Standard, 100 at $1 80 200 -- 10 Telev 100 22 Electronics at $1 80; 400 at $1 85. -- 12 United Accum Fd Williston, 200 at 16Vc; 2.000 at 17c; -- 14 United Continental 500 at 16c Continental lank -- 10 United Income Fd Water Wonderland, 500 at 35c 54-4-0 92 00 - 8 United Science Fd 0 7737 , 500 at 33c -- 14 Value Line Inc Fd Phont Elflin -- 12 Value Line SP Sit - 4 Washington Mut 87 28 12 Wellington Eq -- 10 Wellington Fund 94 18 CHICAGO, May 24 (UPI) Produce-Livpoultrv white rock fryers 184-19- ; roastPlymouth rocks ers Cheese single daisies 394-4longCHICAGO. May 24 (API horns 394-414- : processed loaf 37 Swiss grade A grade B C unquoted. grade Butter steady. 93 score 60; 92 score 60; 90 score 574; 89 score 56; carlots: 90 score 58; 89 score 56 4 Eggs about steady White large extras 304; mixed large extras 304; mediums 27; standards 30, dirties 274; check 27. Potatoes total US shipments 717; (new) arrivals 98, track 242, (old) arrivals 10; track 3 Se ur New: supplies moderate: demand unsettled market moderate; Street tales: Alabama round reds 3 25-- 3 75; Arizona 3 85-- 4 00; California 1161 long whites 3 75-- 4 00, bakers 4 75-- 5 25, i round reds 4 15. 8th NVest Old: No market tone. Track sales Idaho Russets 5 65. Street sales: Idaho Russets 6 00--6 25, bakers 7 50; Wisconsin Russets i cwv. 4 50. round whites 2 50; Minnesota-Nort- h Dakota Red River Valley round reds 3 00-- 3 25. BUILDING PERMITS Markets in Brief 42 V 27l 24 4841 524- 244, 00 59 21 MontPw MontWrd Motorola MtFuel Murray NAFI Nat Avia NatBisct NatChR 22 53 35 Mi 37 36 33 - 31 141 12! 51 141 114 38. - 814, 41V 42 M 41V.I-- 61 50 51 651 NewpNS NYAirB NYSASL NYShipb NiagMoh NorfAW NoAmA NoAmC NoPac North rp NwstAir OhioEd OhioOil OllnMa OtisEl OutbdM OwnlllG PacGEl PacLt PacTAT PackBl PanAmS PanAWA PanEPL ParafnP ParkeDa y. Penney PenSalt 344 1 4 SunshM Sweets Swift Tennco TennG Texaco TexGlfS Texlnst TexUt Textron Thiokol ThompR TideWO TlmkRB TmsWA Trans m Transitr TriCont TruaxT 20thCnt Undrwd UnBagC UnCarb in .n -f 65 33il-2- 3 102V.I-14- 11 29 V- ,- 81100 85 27 1151 45 .l Grain Futures a? UnEl UnOCal UnPac do pfd UnTank 2 UtdAirc UtdAirl UtdBisc UtdCp 1 UtdECl IS UtdFruit y UtdPCM UtdShot USBonc USAFS USGpm USIndst USPipe USPlyw USRbr USShoe USSmelt do pfd USSteel do pfd USTob UMatch Upjohn UtahPL Vndium VanNrm Varian VendoC Walgm Wlwth WmrBr WrnrLm WshWP WstAirL WstPac WstUn WstAirB WstElec WhSteel Whirlpl WstBnk WhiteMt WhitSM WilsonC WlnnDx Wlwth Wrthngt Wyandte YaleAT YgstnST Zenith 81 111 111 79l- 43 28.H'102 14 V-2- ' - 1 V, 4 - (price, by loose dozen, AA Grade 38, A large 33, medium 30, B large 39. Cheete 40 lb rlndlesg block 43, S lb sandwich loaf 46, mild longhorn 46. Butter S3 gcore 73, 93 acore 70, 90 score 69. Egg Market LOS ANGELES. May 24 (UPI FSMNS) Eggs: prices to retailers (delivered 14 fob distributor A plants A extra large 424-44cents higher) AA A extra large 394-41B A large 314-32large 334-37A large 284. AA medium 274-30AA small 204-23medium 254-26consumers A small 184-19A large AA large 44-5AA A medium 35-4AA medium 39-47 A small small L Poultry: Fryers (at ranch! roasters (at ranch light tvpe hens cross hens voung hen turkeys 214 22. young tom turkeys 19. Butter: Prices to retailers grade 694-7694-7AA A S.L. Bank Gearings Nerth 16 113 261157V- $27,959,837.00 23.402.453 00 21.525.382 60 18.892.008 48 THERES NO SUBSTITUTE FOR MONEY IN THE - 24 YOUR DEPARTMENT STORE ' INSURANCE H COMPANY Mutual Funds Dealer If Weit SeuYb Temple, DA M. W. Mecberit 3357 A. e, - Peel V. Kelly S.L.C. Medteezia . , e -e e- e- CONTINENTAL las, 4th Coie 2cP tit in Friday' m- - W J" be"fr oc P nl wiSmJn building to or T' CSC (VALLEY STATE) BANK I DAILY' INTEREST ON YOUR SAVINGS JL teeth 0n 'o Fund A r he vuc tYecre to16 Common Stock I yrttot W"td Investment Fund Investment objectives of this Fund are possible long-ter- capital and m income growth for its Woo1 i shareholders. VS'bw- Lord. Abbktt & Go. 3 Walt Street, New Y.rk 4 CmfAfio Aixanta San Fkancisco Los Ancklis Gentlemen: Please vnd me Prospectus oa Afiliatsd Fund Ires Addreau. DA City k SUUu -- W-12 . rP ' hu" nw' w"""' - l Prospectus may bt obtained from autkontU daalar or: AGENCY COMPANY 379 Quarters so that We yoU Affiliated OF KELLY-MacBET- Noted to bigger Salt Lake City Heirhts Realty, brick and house. 536 North Hills Dr. (750 North), 821 000 Gary Nagle, four brick and frame with garages and carports. 5895-592- 9 S. Fontaine Bleu Dr. E. 4920 South and 1655 E.) at (1676 $13,-00each, $52,000 Bert E. Tidwell, brick house with garage, ?155 Beiair Dr. t2915 East). $20,000. Keaneth C. Irving, masonrv four-ple866 Harrison Ave. (1355 S.) $20,700 Gerald veneer Erickson, brick house, with garage. 1455 Military Way (100 Nortfii. $24,000 Beise Cascade Cera., lumber storage shed, 402 W. 2nd North. $20.00G. E. J. Steve Beienbarg, brick ve neer with carport and garage, 91 Edgecombe Dr. (690 North), $32,000 f Wednesdays Quotations Tuesday's bank debits Same day last year Wednesdays clearings Same day last year S.L. Dairy Market Egg Wool Market Produce Market 244,1 6'191l 4 331 85V NYCent - . V 407, NatDairy NatDlst NatGyp NatLead NatSteel NewmtM 30 4 68. 37 V NatCL 11 7 34!1534i MmPL - 61 MinnHw MMM V. 52 V. 54 72 4 32! Mission MoPac Monsnto 1 Mutual Funds INSURANCE sunrav 75; medium 25. 21 i HATCH Total N.Y. stock sales Wednesday, 3.970,000 shares; 1961 to date, 486,789,483. HOWE RENTS' - 19 7 Eastman SperryR StdBrnd StdOCai StdOInd StdONJ StdOOh StdPacK Stauffer SterchiB SterlDg StonWb StudePa SunOll MidSoUt Rules Out New Roosevelt Bank ROLLERS Dow Ten Leading Stocks IBM DetEdi DiaAlk DiaNat Disney DomeM Application for a unit bank at Roosevelt by Reed Max DougAc DowCh Watkins Bruce well, (Salt Lake City) has been denied by Dresser Duolan state bank commissioner Spencer C. Taylor. DuPont DuaLt SIR. TAYLOR SAID THAT another application for a unit EagleP bank at Roosevelt by Leon Frazier, Provo banker and attor- EastAirL Eastman EatonM ney, probably would be denied also. Both Roosevelt and Du- ElAutoL chesne are served by branches of the First Security Bank ElStrgB ElginNW of Utah. ElPaNG In recent weeks Beehive Sate Bank, Salt Lake City, has EmrsnEl EmrsnRd asked the commissioner for branches at Tooele and Grants-ville- . ErieLack The bank also has pending applications for branches EvansP ExCello at 9th East and 37th South and at a location between 6th Fairbk No May 24 AP wheaL oat or aoybean Bales. Com No 3 yellow' 1,1414; No 4 yellow 1.11 Mi ; sample grade yellow 1.01 V. Soybean oil 12VN. Barley Malting choice 1,10-- 1 20N Peed 17 to Calves 150: vealers rather scarcei specially good and choice giades; a dollar higher: tock calves fully steady; good and hoice veal 29 1 25; standard U.S. Treasury Homestk HsehldF HoweSd IdahoP IdealCm IllCentr IngRnd InlndSt InspCop Intlake Dn RG CHICAGO, 14 50 tiling strong to .42 HoffEl CBS Gish Grain from Salt Lake Stock Market Last Cobalt Producer Closes and 8th East on 21st South in Salt Lake County. commercial Holsteins 01 74' heifers lightweight od stockers and feeders 05 29' Brunswk 100, 58 V Mi BucyErie 51t 23 55 1541- BuddCo 451 THE FIRM PAID a dividend on Burllnd 18( 72 33 Feb. 13, 1961, same as paid during 1960. Since the commence- Burrghs 27151V- - V KerMcG CalPckg V 32) 20 ment of the clay operations in 1953, Dragon has paid a total Cal&H KimbCk 610841- - 1 CampSp Kresge 25' dividends. in 25 of $656,250 CanDry Kress 67 26 Mi - H CanPac Kroger Balance sheet as of Dec. 31, 1960, discloses current assets CapAirl 1421 1Lear 14 9, 48j of $378,208 versus current liabilities of $49,641. Current assets CarpSt - 1 LeeRub 47 46 Carrier Lehman 52' 11 include $153,058 in cash and $200,000 in U.S. government CaseJI LOFG1 CaterpllT 147i 38 Mi LibMcN securities. 4 75 Celanese 34l LiggAM 5i 28 Celotex LilyTul 34 39! 421V- CerroCp LinkBlt 2 691 59l Certntd Litton 65 44 Cessna Lockhd 191 31V-22- 1 ChmpPa LoewsTh 56 ChanceV LoneSC 27V-lll 25 Chemtrn Lori Hard 65V -LouNash The last of the cobalt producers in the United States has ChesAO 91 15 CMSP&P Lukens 1! 56. . MackTrk closed its doors. dopf 41 17 -ChANW Macv II 28 MadFd dopf THE UNITED STATES GOVERNMENT HAS sold 3,500 ChRI&P 141 21V , MagmCp - ,4 Magnvx 87! 44 calcines from the General Services Ad- Chrysler tons of nickel-cobal- t 17l 78 CITFm MarqCm 57 34' CitiesSv Marqrdt ministration stockpile at Fredericktown, Mo., to Sheritt Gor-6 17 MarshFd CltyStrs 15 38 don Mines Ltd., a Canadian firm. Martin ClarkEq 4 MayDS 15' 57 ClvEllm were in Janudeclared "excess The concentrates, which 25 92 r McDonnl CocaCla McGrwE lead-zin- c 55, 41 Colgate ary of this year, were produced from low-grade- , 4 38 McGrwH CollinR 18i 21V cobalt ores mined and milled at Fredericktown by the Na- ColoFlr Mclntyr 1 THE COBALT VENTURE NOW BECOMES a somber reminder to miners of the instability of federal government purchase programs for minerals. Similar situations obtained in tungsten, manganese, mercury, chrome and other strategic metals. and WASHINGTON. May 24 TAP) The cash position of the Treasury Wednesday's Quotations compared with cot responding date a year ago Mav 19. 1960 May 19. 1961 Sale in 100 Close Chg. Sale in 100s IClosel Chg. Sale in 100 ICIosel Chg. Balance 6,040,839,018 64 7.079,860,576 30 tS 81,083.364,137 t 78,500.961.880 56 Fiscal Year July X 32 Deposits 1631 1U4. FairbWy AbbottL 01 Year Fiscal Witbdiawals 43 V S 81,590.609,992 84.692,637,036 13 FirbWpf 254 ACFlnd Total Debt $289,243,257,782 67 (x 12 44 V FamilyF ACFWrg Assets 97 Gold S 53 19.357.975.341 17,402.655,009 48'-174i $ i FerroCp Admiral $397 102,482 08 debt not subject to statutory limit. Filtro AirRed 66l 43V Firestne AlcoPrd 12t 33l Flintkte AllghCp 26 70VI-1- 2 FlaPwL AUegLS 45 FoodFair AlltedCh 12 FoodMh Dow Jones Service AlliedPd 1281 BBS -Ford AlhsCha Vol. 13s, 4 -FormitD 34, AlumLt 143.90 General Motois -34 FieeptS ALCOA Amer Tel 112,80 26 FruehTr Amerad 65.90 Vendo Co 24. GenAccp AmAirt 7 Libby McNALibby 52,400 GenBk AmBsch 36 GenDyn AmBrdP GenEl 664, AmCan 7941-4- 7 GenFood AmCryS Genlnstr 11 AmCyan 33 V- - 4 GenMills AmDist GenMtr 4441- - 1 Wednesdays Quotations Am&FP 744.- 1GenPrec AmHom 1 4 24 Mi GenRef I Bid Asked AmMFd GenTelE 67.' V. AmMetC GenT&R 73. 2 37 V 275 Plutus AmMot 32VGenesco 16 17 PnnceCn 2 41 97 AmNews 75 V! 1 GaPac 1 10 1 35 InvestRs AmPhot 137! 35 - 1 Gillette 04 05 S Prog Crp 57!-AmSedt 17 AmPUh 06 07 ProsperO 41 GlenAld 46t 1 Gladding 3 12'. RicoArge 2 B7 AmSmlt ' 16 70' - 1 Glidden V. 05 C 06 Roystn 6 14". 4. Goodrich AmStd .37 40 Sage Oil -7l 33 AmStlFd Goodyer 17 15 SilverKi AmTAT 11064 122 - 3 Mi GracWR 04 05 SiouxMtn GrysnR SIronBI .10 .12 GtNOre 50 55 SoStand GtNoRy 35 .40 SunO.' GtWSug 06 08 TmticCen Greyhd 04 05 TinticLe GrmAirc 180 TinStand .185 GulfOil 1 75 1 50 UnParkC Harsco 02 V 03 UtahCon HercPd 8 75 9 25 UtldSug Hershey .65 .70 UtWyoO Hilton .03 V 05 VictorCo HollndF 04 03 WestAloy 400-foo- FREDERICKTOWN, WITH THE COBALT, Idaho operation of the Calera Mining Co., a Howe Sound Co., affiliate, were to have been two of the important domestic producers of cobalt under a program initiated by the federal government under the administration of Harry S Truman. However, GSA refused to extend contracts for the Calera program, which Involved a refinery at Garfield, Utah, and subsequently cut off purchasing from National Lead. choice Furnished bv J A Hogle A Co Member of the New ork Stock Exchange Volume Indus Rails 770,000 697 43 146 16 Number securities traded 1 440 000 Noon 695 06 146 06 Advances 1 2 230.000 691 32 145 61 Declines pm. 2 pm. 2,750 000 694 74 145.77 Unchanged 3 310,000 New highs 3pm Total 145 94 New lows 3,970.000 696.52 Volume High Lew Clese Ckg. 527.000 702 56 687.77 696 52 -- 4 07 Ind 40 bonds 02 85 89 Index 145 20 146 08 - .41 10 high grade rails 82 00 4 05 Rail' 55 400 146 85 49 900 114 55 112 40 113 65 10 2nd grade tails 8105 f 04 43 500 ilock Jndax: Util. 10 public utilities 86 62 - 04 C Comp. 532.300 234 29 230 31 232 47 - 68 Bang 10 industrials 144 83 - 58 9191 4 03 .50 Commodity futures index - MR. MULCAHY SAID THAT during last year, clay shipments from the open pit and underground mine totaled 50,338 tons while 1,905 tons were shipped from stockpile. The total 1960 shipments of 52,243 tons were 1,956 tons more than tonnage shipped in 1959. During 1960, some underground development was carried t out on the level, but the work did not disclose clay of minable quality. About 53 per cent ofthe clay mined last year was from surface open cuts and 47 per cent from underground stopes tional Lead Co. under a GSA contract. general man New York Stock Market Standard . NORTH BALT LAKE (Wednesday HE SAID AN additional 30 persons will be employed during 1961. The new facility houses regional accounting, tabulating and installment collection departments for Singer's western states operations. MR. TWINKLE will maintain an office in y the recently completed structure. "The central location, pleasant climate, excellent transportation facilities and the cooperative attitude of city and state officials were a big factor in our decision to locate this nerve cen ter of our business In Salt Lake City, Mr. Twinkle said. iTYm. Martin . Marquordt , 425 Industrials Grumman , No American . I 1 HE REFERS TO A STUDY by Miles P. Romney, manager of the Utah Mining Assn., which discloses that in the last 10 years 85 per cent of the total loss of production of metals because of foreign imports occurred jn the western states. Mr. Romney said that western- - mining states lost 287,666 tons of ore output last year alone to this cause. And this loss in 1960 came to some 46 million dollars. Markets Wednesdays Quotations George F. Twinkle, assistant president and regional manager for Singer Sewing Machine Co., Wednesday announced 150 persons are employed at the new Singer building on Foothill Dr. . KSrtBfrfl Aerojet Gent . Avce . , SOBi Northrop Chonce Y ought General Tire , . Thiokol Livestock vice Lockhaf , American Stock Exchange Singer Plans To Hire 30 During Year MEMO TO INVESTORS ,$oi It . T ,rtir p v |
