| OCR Text |
Show 0. tf v v ' 0 fg,, u , wi. 4 s - 0- v v ' 'S ','V, V, Vv. v, ',' t ,!., The Salt Lake Tribune, Friday, July 21, 1961 Up and Down the Street Volume Dips But Stock Industrial Uranium Cites Gain in Year Thursdays Quotations Che. Sales In 100stCloae Ch. Sales in lOOsjClosej 80 Aerojet AllriCnt 104 0 AmPetl AtlasC l BaldSec 4 29 BAmOU Index Gains By Robert V. Eemick Tribune Business Editor Industrial Uranium Corp., Salt Lake City, Thursday reported It expected to mine between50,000 and 60,000 tons ol ore In the current fiscal year from uranium properties in the -- Monument Valley, Ariz., district Robert M. Schubach, president said that during the fiscal year ended March 31, 1961, the company carried out a $30,000 exploration program resulting in discovery of a new property in the area of modest size. Industrial, he said in an annual report to shareholders, "produced 62,700 tons of ore, with receipts of $894,458 for the 1961 fiscal term. "Average price for ore was $14.25 a intentions. Mr. Bernlck ton, he said. changed.' There were 11 new This compares with production of 120,914 tons of ore, SALES ON THE New York 1961 highs and Si new lows. with receipts of $2,100,647 and an average price of $17.37 a . ton in fiscal 1960. - , .' - 1 VT Notes Drop in Price Paid for Ores in 2 Years .Also, Industrial received $3.12 a ton less for uranium term compared with fiscal 1960. Of the total 195,177 tons mined from the Moonlight open pit, 19,175 tons was production in fiscal 1961. The bulk of the Moonlight mine ore was liquidated during 1960 fiscal year and this accounted for approximately one million dollars in gross ore sales in that year. ; . Mr. Schubach said the company did not expect any further declines in price it receives from the mill for its ore in present " ' fiscal year. re in 1961 fiscal ;;tions. Cert-Tee- - Standard 425 25 50 50 Sales in lOOsfCiosei Chg. , . Poors Closing 500 Stock Index (API Net Change Upch SALES 4 .04 4 .10 4 .01 Sales in lOOs.Closet Chg. FUtrol Fircstne FrthCpt FlaPwls FoodFr FoodMh Ford FremstD FreeptS Penney Penn Salt PennAR PepsiCla PetMilk Pfizer PhelpsD PhilaEl Philco PhilMor Phillip PitneyB PtttsPGI PittsSU Plough Polaroid ProctG Publikr PugetSP Pullman PureOil GnMilit GenMot GnPrecn GnRfcrt GenTelE GenTAR Genesco GaPac Gillette Glddmg GlenAld GUdden Goodrch d Ch. 17 77 190-24- 4 12 3 2 24 1894l 85 8 10t. 38 00-1-7 -- - 40l 36 U (UPI1-Ca- S8V.- I- 18i 37! 8 61 16 and 15 dairy 18 50 No, 42 V 171-19- r 45 40w- - 61 9 97V 62 21 Vi W - 6044 45 V SocMob SoPorRS SoCalEd SothnCo SoPacif SoRy SperryR StdBmd 224 71V 54 - 23 51 26 H 64 0 50; utility range individual to cannert and cutters 13 00-1- 00, - No 3 210 225 lb 18 00-1- 8 50, 280-29- 0 2 lb sows 12 00-1-3 00, lb 10 1 00. No S 505-62- 0 none. Sheep IDAHO FALLS, IDAHO This is a livestock sales report of Idaho Livestock Auction, Inc , Idaho Falls for the week ended Wednesday. Cattle 1.860, choice grain fed steers. 0 21 00-2- 2 00; good steers, 18 00; commercial steers, 17 8 50; choice fat 60; fat heifers. 20 good 19 00-2-0 00; commercial cows. ISH heifers. 14 00-1- 5 50; utility cows. 13 50-1-4 50, IW outter cows, 13 00; canners, 11 00 4 13 00; bulla, 17 50; veal calves, 23 good feeder steers, 21 00- 22 50; medium feeder steers, 19 Holstein steers, 17 00-1- 8 50; 50; megood feeding heifers, 2000-2dium feeding heifers, 18 0 oO; feeding cows.-00-2- 13 5 50; stock steer H calves. 22 6 00; stock heifer calves, 4 21 dairy type calves, 17.00-30V4 8.12F! steady to 25 'higher, Sheep t million daily of gas. South Sulphur Creek is a mile west This well the f the discovery wildcat which was completed for a flow a day of gas from a segment of the of 3,750,000 cubic-fee- t 3 2 Fort Union. THE AREA IS S?OUT 10 MILES west of the Rangely lateral to the main northwest transmission line of El Paso from Ohio Oil Natural Gas Co. Hjland obtained a farm-ou- f ' Co., which firm retains an overriding royalty. - Mr. Hansen said the would be completed next week then. As yet untested are the G and fully production-testeand "D sands of the Fort Union which are regarded as potentially gas producing. stauNj arpSt JI CatrpUT Celaness Celotex CerroCp Certnd , Cessna ChmpP ChanceV Chemtrn Ches&O ChMSPP dopf fitOUOh ChiNoW 3 d i. AEC Plans Sales v. at Utah Mill Tha Grand Junction Operations Office of the Atomic .Energy Commission Thursday announced it Would conduct ; Another sale of material from the Monticello uranium mill Aug. 7 at Grand Junction. AEC HAS INDER ADVISEMENT bids received up to V y. "Wednesday for first list of items at the abandoned, govern- ; ment owned property. , 1 The new lot, induding crushing section, pumps, ball mill, are being offered on ; classifiers, and related properties, e negotiated sale basis. Lucius Pitkin, Inc., AEC contractor,is J -- V. r: conducting the v yt Earnings Reports r-i-- it Mi V. 1 334.- J 34' 14! 52 J. ? 4 52 14! 84 2! 56 3 18 4 39 45l 35 Ml 15! 1- StdPack Stauffer SteriDg StoneW StudePk SunOil S unray SunshM Swift TennCp TenGaa Texaco TxGulfS Texlnst TexUt Textron Thiokol ThompR TideWO TimkRB TrnWA Transam Trnstrn TriCont TruaxT 20thCen Undrwd UnBagC UnCarb UnEl UnOCal UnPac dopf UnTank UtdAirc UtdAirL UtdBisc UtdCp UtdFmit UtdPCM UtdShoe USBorax US&FSc USGyp 264 43 2 56 34 22 8 3V4-81 2 1 60 7 48 4 28 8 10 43 -5- 4 -- 4 52,4 27t 9U 7 45 21 44 20 2 24 46 8 14 2 14 12 34 10 9 10 22 4 19 61 4 U 26 14 3 26 36 4 " NIWV YORK Co. reported Allsgbnr Mlnm mi ml MJ 9 , t . 1 1 AfJ 12 98 21 01 14 86 1546 16 55 19 30 84 12 17 14 14 19 13 13 11 08 11 00 10 24 3 66 18 52 13 38 15 08 8 12 21 03 18 40 5 22 13 21 11 00 15 08 6 12 80 9 34 333 04 38 95 7 43 19 35 17 92 4 77 17 12 13 12 15 1009 13 77 5 60 550 968 Banks. Insurance, 38 71 64 06 9 29 8 11 11 12 17 71 23 07 15 29 15(2 15 65 6 33 16 16 64 17 42 22 36 3 69 5 88 8 41 9 42 14 45 8 30 16 46 18 25 8 67 14 43 7 72 12 49 14 94 Oil 4 01 6 43 9 19 10 30 15 79 8 97 17 88 16 84 9 45 15 68 8 48 13 58 16 33 e 10 4 70 17 58 16 46 558 4 30 16 17 15 10 Mining Bonneville Ltd Columex Federal Resources Cp Four Comers Uran Hidden 8plendor Com Hidden Splendor pf Ind Coal 8c Coke Rare Metals United Wstn Mnrlt Utah Const 8c Mng Uran Reduction 00 1 00 2 00 62 65 00 9 50 Grain Futures CHICAGO. July 0 (AP ANGELES, July 20 Eggs prices to retailers fob 1 plants (delivered cents higher) AA extra large AA A extra large 44-4B A large 36-3large 38-4AA medium 30 33. A large medium 28 29, AA small consumers AA conA small A large 52 54, sumers AA large AA medium 3949, A medium 4345, No CHICAGO. July 20 (AP) AA small 2541. A small 35-3wheat, o.U or soybean gale,. Com Poultry: fryers (at2124ranehl 1 1 1.15 16: No No 2 yellow yellow roasters (at ranch) light type No 2 yellow 1 hens cross hens young hen Soybean Oil 10B- - A, 1.10-lJOturkeys 20, young tom turkeys Barley Meltlnc choice Butter: prices to retailers Grade feed 82 92N. AA 69 74 A distributors 1849; Cash Grain 13. Wool Market Growers Market Growers Market Frail Prices Per Unit -Apricots lug. 1 400 1 50; berries 50; red raspberdewberries, crate, ries, 4 75; gooseberries, 2 50; currants, red crate. 2 50. Vegetable Prices Per 5Unit cents; Beans lb., green string, cents, beets, dozen bunches, 45-5- 0 beets lug 1.00; cabbage crate. 3 00, corn dozen, 4045 cents; cucumbers lug, 1.75-- 2 00; endive crate, 2 50-- 2 75. green onions, dozen bunches, 4045 cents; potatoes per 100, Red Bliss. dozen Gem. 3 00. radishes, 3 00; sumcents: squash-r-lu0 bunches. mer. 1 00; Zucchini, 1.25, turnips dozen, 50 cents. NEW YORK. July 20 (AP) Wool futures advanced Thursday on commission house buying, Wool top futures were mixed. Wool futures closed .3 to .6 of a cent higher July 119 IB, Oct 122 2B, Dec. 123 7B, 124 7B. March May 124 5B, July 125.6, Oct 126 2B, Dec. 126 $28 289,431 30.847,382 25,495 687 24.140,987 OFFICE FOR LEASE 00 00 95 96 Xinirod Campers Salt laka J FINANCE Car Coolers 237 Son HU 4B. Certificated wool spot 119 ON. Wool tops futures closed of s cent lower to .4 of a cent higher. Dec. 161 IB, March 160 6B Dec. 161 4B Certificated spot wool tops 160 ON. B Bid; N Nominal, HOWE RENTS - Eggs prices by loose dozen ) Grade 46. A large 44. medium 38, B large 31. Cheese: 40 lbs rindless block 6 lbs sandwich loef 45, mild 42. longhorn 44. Butter 93 score 72, 92 score 70, 90 score 68. 87 700 11 Egg Market Thursday. Quotations AA 6 25 10 2 25 LOT Wednesdays bank debits Same day last year Thursdays clearings Same day last year S.L. Dairy Market Finance Ogdan Siatt 1627 Wath. 6lvd. Accommodations perfect for finance company or insurance operation. 323 SO. Acm krMlj law, Call a Writ, IANK 6 THUS! CO. 211 nyi. 0200 CONTINENTAL ti 1X4-94- CLOSED SUNDAYS STATE fra, Aowbadi, in. J ftw - CORPORATION 36 Markets in Brief 38 86 23 84 Y. 14 37 23 NEW YORK, July 20 (APV-- S locks Irregular; slow trading. Bonds Mixed; governments turn 464. higher. v 8 38 V. 49 47 34 8 26 1 11 11 8 11 US Ind 65 V. 43 29 88 26 16 USPlpe USPlyw USRubr USShoe USSmlt dopf USSteel dopf USTob UmvMt Upjohn UUhPL Vnadium Vanhrm Vanan VendoC Walgrn Walwth WamrB WaahWP WstnAL WstnBC WstnPe W 11 11 23 47 58 6 44 13 33 3 48 1 . - V. 1 Cotton Irregular; hedging and commission bouse liquidation. Chicsf , Wheat Mixed; July firm. Com Mixed; light trsde. Oats Mixed; light trade. Soybeans Mostly lower; liquida v tion. Hogs Steady with Wednesday's a opening; top 18 50. Cattle Slaughter steers steady to strong; top 23 00. NEW CORPORATIONS . r. Ltaiiar C., Salt RLake Citv F 8 Walden president; A. Van Winkle, vice preaident; R, H. Goffe. secretary: Robert Dunlap, treaiurer. Stock authorized, $80,000, mbecribed. --- -- 28.000. 1 Buys 11 Locomotive Union Pacific Railroad Co. Thursday announced purchase of 11 freight locomotives at cost of $2,600,000. Four of the purchases ' were diesel-electri- c made from Alco Products, Inc., three from Electromotive D1 vision. General Motors Corp., and four from the General Electric Co. mi V 18 22 13 75 2 Warner 8wmt Co. for the six months ended June 30; I960 s sharp decline In Net Income $ 1.438.208 $ 1,922.700 IIhI 1 43 1 92 A share six months and pales esrningg for the 28 248 176 32 022,930 Sales tided June 30, compared with the General Fertlead Cement Ca. 196$ WtnUn I960 first hs If. WstAfrB The company earned $4293.120. Net income $ 4 087.000 $ 4 861,300 91 cents 76 cents tales of A share , WestgEl equal to $1.10 a share, on with $5-- 33 Sales 27.886.700 WheelStl 29.240.700 This 042,240. $115 compares Den A Bradslreet lae, 584, or $1 43 a share, on sales of WhirpH I960 WhiteM $135,398,561 a year aso. . $3 600.774 Net Income WhteSm $ 3 412.873 90 cents WilsonC 95 cents Care, A share CLEVELAND Reeefelte Camera Fairohili Instrument m WmnDx a a in btf tump earning reported Woolwth the second quarter, although first-hal- f Cere. 1966 1961 below remained well Wrthgtn t earning! Net Income YaleAT $ 2299.000 $ 1.682.000 earnings reported e year ago. 1 85 1.33 YgntnST Republic, the nation's third largest A share Crewe EeUerbaeb Cere. Zenith of steel, said net income in 26184 producer 1966 1961 357 the second quarter was $15,431comNet income $18.210 000 $20,295,000 r $8 cents a common share, 1 42 1 27 A share pared with $5 822 521 or 37 cents S Sales 275,515.000 275,737,000 Total N Y. itock zalea Thuraday, 2,530,000 (hares; 1961 to date. 60t.T73.73l. share hi the previous quarter By Associated Press 11 14 63 and Utilities Asked Bid 00, 2 143 98 38 42 80 34 130 4) 46 16 63 46 33 11 16 14 15 17 11 12 10 10 71 55 94 23 Bank Clearings ranch range feeder lambs, 13 feeder lambs, 1300-1- 4 00: odd ruff feeder lambs, 13 00 and' down; light fat00-- ewes, 3 00--3 50; heavy fat ewes, 2 canner ewes and bucks, 3 00; 2 50-- 3 50; breeding ewes, none 129; extreme top, 18 80: bulk Hogs 180-22- 0 lbs 18 8 60; 220 240 lbs 8 18 lbs 18 00 18 35. 65; 240-26260-28- 0 lbs lbs 17 8 00 ; 280-3017 00-1- 7 50; sows under 300 lbs IB 00- 15 50; 300-33- 0 lbs 14 0015 00; 330-44- 0 lbs 13 00-1-4 00: over 450 lbs 11 2 00, boars, 3.00-- 8 50; stags, 7.50-1- 4 26 2 8 6 6 9 w.r ifod cubic-fee- Government Bonds shelly canners 11 3 00, bull, cutter U.S. 18 20, Stockers and Dow Jones Service and feeders, steers low and average-goo- d NEW YORK, July 20 Dealer marto finishing 900 lb 20 asked fractions and account; medium 890 lb 19 00: small kets (bidIn and 32nds) changes 17 682 heifers lb 65; lot common lb 17 9 35. medium 6J0-68- 0 Calves 25; slaughter and stock calves in short supply, moderately lb active and steady; good 280-44few calves 23 25 26 00; slaughter high-goo- d 275-39- 0 23 00 20 lb 00; standard 5 lb stock and choice steer calves 24 6 00. Hogs 100; barrows and srl'ta mod-1 steady; No. erately active, about 195 lb butchers 18 75; No. 1 2 218 1b - 45! SheUTr Sheller Shertoa Stmmna Sinclair SingerM Skelly SmithC SmthKF e range-typ- e 17 00; Safeway SUoLd StLSFra StRegis SanDieg SanDIm Schenley Schenng' ScrewB SeabdFi SearsRo Servel ShamO SharonS Shttuck Hyland Oil Corp., Salt Lake independent, has made a -- confirmation discovery"ornaturaT gasln Fort Unlon formation South Sulphur Creek prospect in Piceance at its 5,500-acrCreek Basin of Rio Blanco County, Colo. 00-2- high-goo- d 21 ShellOU 8 50-2- 2 2 V. 1 Roy 1MB Hyland Oil Confirms Gas Find 4c OGDEN CUT!) Livestock? at 10c. Cattle salable 10. Not enough en East Standard. 11 000 at 3e; 2.000 at 2C: 1.000 at 3c sale to test trend. East fltah. 500 at 23c; 2.200 at 21c Calves salable none 15.200 at 20c en 50. Not salable enough Hogs Eureka Bullion, 5.000 at 12c: 500 sale early to test trend Sheep salable 200. Not enough on at 13c. 510 at sale to test trend. No auction to be 9c.Eureka Lilly, 1.000 at held today. Min.. 300 at 9c. Eureka OMAHA. July 20 UPI) Hog Fur. Standard. 267 at 40e. 5,500; strong to 25 higher; most US Grand Dep 100 at 80c. 50. 0 lb. 18 Horn Silver. 1.000 at 4 e Cattle 1.000; calves 25 slaughter Kennebec, 300 at 4bc. cattle generally steady in a cleanup Diamond B.. 200 at 12c. Mountain View. 2.000 at 9e. trade with not enough offered for test; scattered loads good and choice steers Park City Con., 1.000 at 4c, 1,000 20 00; utility and commercial at 3c. 00 Prince Con , 1.000 at 10 c. cows 14.75-1Progress Corp., 2 000 at 5Vo Sheep 1.500; slaughter lambs steady to 25 lower; good and choice includ Prosper Oil. 1.000 at 4c 75. Royston CoalnM 2 000 at 4c, ing prime 15 Sage Oil. 2 000 at 30c. 20 ttle LOS ANGELES. July Swansea Con 1.000 at 30c 800; slaughter steers, low and Tintlc Lead. 1.000 at 4e. lb 21 00, Tintic Standard. 34 at $1 50 Water Wonderland, 500 at 30c. good 930 lb heifers 21 00; cows, Zuma. 1,000 at 4c 7.000 at 4e, 00; commercial standard 17 23 14 Raymnd Rayonier Raythn ReedRB RepAvn RepStl Revere Revlon Rexall ReyMet ReyTob RichMerl Richfld RoyalDu GrceWH GraysnR GtNOre GtNrRy GtWSug Greyhnd GruAir GulfOU Harsco HercPdP Hilton HoffElec HollndF Homestk 8c. Livestock 8 5 5 9 19 Industrials Asked HICAGO, July 20 (UPD Produce: ive poultry top few receipts to report prices : longCheese single daisies horns 39-4processed loaf Swiss grade A grade B 49-5grade C unquoted. Butter steady. 93 score 60; 92 score 60; 90 score 58: 89 score 56; carlots: 90 score 58; 89 score 56. , Eggs steady. White large extras 34; mixed large extras 34; mediums 31; standards 31; dirties 28: checks 27 Potatoes total US shipments 321; arrivals 95; track; 303; supplies moderate; demand alow; market dull to slightly weaker. Track sales (100 lb U S. 1 A unless otherwise stated) : California long whites 2 75-- 3 40, bakers 3 25; Texas round reds 2 75-- 3 10 Street sales: California long whites 3 75-- 4 00, bakers 3 85-- 4 00, round reds 3 754 00; Alabama 2 50-- 2 75; Texas 3 754 00; Missouri 2 25; Virginia round whites 2 75. 0 Onions arrivals 19; track 40; supplies moderate demand alow; market dull. Track sales: None reported. Street tain; Arizona yellow large 3 00; Texas yellow large 2 75-- 2 95, medium 3 153 50, white medium 3 25-- 3 50. heavy minimum size 2 00; California yellow semiglobe large 2 50--8 00, medium 3 00-- 3 25, white medium 3 25, red large 3 00; New Mexico yellow New Jersey semiglobe medium 3 00; 16-yellow globe medium 3 3 25; Illinois 2 25-- 2 60. 9c; RCA Goodyr Big HiU, 1 000 at 150 334 at 17e. Bristol Silver. 10 000 at Central St.. 11,000 at 6c: 1,000 at $c; 3,000 at 6c. Chief Con , 100 at $1 80; 87 at $1 75. Clayton Silver, 100 at 27c; 25 at 30c. Cr. Eagle Oil. 2 000 at 6c. Croff. 1.000 at E Crown Point 1,000 at 11c: 334 Iarkets Sales In 100sC1ok Genlnstr INDUSTRIAL FINANCE CO. was activated as an operat-- v Ing division in March of 1960 and during last fiscal year the division purchased at various discounts, accounts amount-- ; ing to $536, 45L The division had an income of $558 last fiscal year. "Since it is necessary to provide for reserves entirely from first years operating income, it is felt that the operations ef the finance division have been satisfactory, Mr. Schubach said. The first years reserve provision amounted to $21,530. I 31 - FruhTr cash flow by end of 1964 of $470,000. "Utilization of 13 undeveloped acres within the center could materially !n-crease the income from the center in future years, he said. Leasing program is under way on the proposed new Meadow Brook Village Centerwhich will contain 150,000 of retail Space at 4100 South Redwood Rd. in the aquare-fee- t Salt Lake area. Total cost will be around two million dollars and expected completion date is in late 1962. . Chrr GardDn GaAccpt GenBk GnDnni GenEl GenFds HE SAID THE 800,000 SQUARE FOOT, $3,100,000 center, !; ; In which Industrial has a 25 per cent interest, will have I 1 39 Bid 232 Produce Market 5 Thursdays Quotations t In April of this year, Industrial started driving an add!-tionvertical shaft to tap some 20,000 tons, of ore in the ' South Sunlight mine. ! "The past year has seen further deyelopment of Industrial tlranuim Corp. from a mining company to a diversified organ-- I ization," he said. Sunset Shopping Center at Amarillo, Tex., I- was placed in operation last September. It was completed - ' I well within budget costs, he said, , pro-duce- Clos 39 H Industrials Railroads Utilities Stocks -- I; & NEW YORK, July 10 Starts Driving New Vertical Shaft to Ore l . 35 000 33,800 31.200 - . , d Beth. Steel This property, with reserves of more than 50,000 tons, will produce at the rate of 3,000 tons monthly in present fiscal year, he said. m Thursdays Quotations Servic Vln 31,300 Disney Gen. Motor HE NOTED THAT THE RETURN to underground mining during fiscal 1961 had Increased mine operating costs. Further, these development" costs were not capitalized, but charged off directly against income. Included was the East Starlight incline shaft, costing $62,88? of which $52,196 was charged to current mining opera- - . Salt Lake Stock Market Ten Leading Stocks Jont -- U.S. Treasury Furnished by J. A Hoglp & Co. Member cl the New York Stock Exchange Volume Indus. Rails 540,000 683 05 133 05 Number eecuritief traded 1,213 1.030.000 081 75 133 91 Advances 456 1.450.000 68163 134 17 Declines 817 1 710 000 60143 134-3240 Unchanged 1 680,000 New highs 11 3pm Total 2.530.000 08247 15444 New lowe 31 Lew Risk Close Cfcr. Open Chg. Ind. 683 64 6S6 21 678 31 682 97 23 40 bonds 83 73 4 07 133 87 135 01 133 40 134 24 4 75 Rails 10 high grade rails 78 47 06 113 52 114 02 113 07 113 72 Utils. 51 10 2nd grade rails 80 08 - 09 10 public utilities 53 Comp. 226 08 227.17 224.71 226 17 84 93 4 23 148 29 - 06 10 industrials Commodity futures index 91 46 10 Dow Sec Sec Div Stk Ser do Income do Stock do Growth WASHINGTON. July 20 (AP) The cash position ef the Treasury com- One Williams Street Fd Puritan a date year ago pared with corresponding Putnam George Fd July 15. 1960 July 17. 1961 8.167,384,830 75 Putnam Growth Fd Balance $ 4.077.557.730 64 1.926,281.276 42 $ 1,737,948.670 34 Deposits fiscal year July 1 $ 4.312,224,226 32 United Accum Fd Withdrawals fiscal year $ 4.780.183.731 42 51 Total debt x) $289,036,046,330 45 United Continental $289,471,981,023 United Income Fund $ 19,253.669.164.36 Gold assets $ 17.551.232.753 46 United Science Fd 913 0 not 934T.S40 Include debt (xl ubjct to .Ututory limit. Value Line Inc Fd Value Line SP Sit Wellington Eq Wellington Fund Thursdays Quotations Differences are explained largely by the fact that costs i ' for the creation of the Moonlight-Hardinopen pit were in-curred during fiscal 1959. The pit was mined at full blest Hourly Ham. , during fiscal! 960 and most residual ores extracted in fiscal Noon J96L 2lpm. pm g Sales in 100s Close! Chg 11 V, PacLetL - M. 10 PrfPhot 5 Preston Nation-Wid- e Dow Jones Averages term. - Thursdays Quotations Thursdays Quotations New York Bond Market New York Stock Market THE COMPANY IN FISCAL 1961 had cash flow of $238,802 and net income of $159,452. This compares witha rash flow of $1,548,182 and a net of $1,153,229 for 1960 fiscal WANTED. Ten Wheel Dump Trucks haul p ta Prava Rivar Rrafact. Call Malbura Fr4 a) rip-ra- PR Prava, Utah V . Over the Counter Mutual Funds Aberdeen Affiliated Fund Colt of Living Pncet 4 4 EquttyC Am Business EurekC 733 Axe Houghton A V 3 FarcOil B 5 V. Felmont 2 RicoArg Boston Fund 30 - 1 0' FrthStrl Seeburg Broad 8treet Inv V 7V4 IS Shttuck FlyTigr Bullock Fund V 0V 13 ShrWms - 14 Can 2 133 HelcaM BritPet Gen Fd 1954 v v 1 01 11 12 Sontone Brown HoliyCp Canadian Fund Inc 1 41 12 W StndMet BunkH 114 IrapOil Inti San Growth 27 464 V. Burr B Kaislnd ft Stlnnes 04 22, C New York Tun Service , B V4 Chemical Fund 25 Tchnicol 22 3 120V Mesablr CalElPw Comwlth Invest 1 Si 34 6 Textron Ma Mlvdnm CanMar NEW YORK,' July 20-St- ocks' V4 TrlCont V4 Div Gr Stk Fd 1 10 37 0' 30 V MST&T ChiefCn Diversified Invest 31 S 3 14 9 UtldSug Muskgn ClaryCp Shares 241 37 Walthm 4l 21 - V, Dividend trudged up and down-Thursda34 NtVideo CreolePt Dreyfus Fund 21 25 V4 44! 6 WebbKn NJZinc DayMin de Eaton Bal Howard and got virtually no7 Mi WstNclr 34 11 3 28 OgdenC EdoCorp Eaton & Howard Stk 33 EiBd&S Ooktep 5oi 56 where. Standard & Poors 500-Stoc- k Electronics lnv Fidelity Cap Total Am. stock sales Thursday, 890,000 share,; 1961 to date, 317,091,760. Index gained 0.01 point Fidelity Fund Fnci Did Fund to 64.7L Founders Mtl t..,. T .... t Fundamental lnv A -- !9Se n VOLUME SANK to the lowIS Group Com Stk Fd 160 ls Hamilton Fd MONTHLY BATA est figure since July 3, the exHamilton Fd H DA Quotations Thursdays Incorp Income pected holiday that did not WtacOXUUfBvt.SAX MotHXn Incorp Invs Instit Found Fd happen. All important groups Instit Growth Fd other than aircrafts and oils Invest Tr of Boston Keystone Cstdn B-showed more losses than gains do K 2 were Stock 2,530,000 Exchange but there was no pronounced do S I do S-shares, compared with 2,940,-00- 0 weakness anywhere. do S4 Investors appeared to be Keystone of Can shares on Wednesday. Of Knickerbocker Fd Laxard Fund holding their breaths, listening the 1,213 issues sold, 517 fell, Am. bond sales Thursday, $180,000; 1961 to date. $32 134,000 Mass Invest Tr for whispers of Washingtons 456 rose and 240 closed un- Total Total N.Y. bond sales Thursday. $6.870.000; 1961 to date $94.705,700. Mass lnv Grth Stk r ' Living costs are steadying wholesale prices dip. os, . 113 American Stock Exchange INFLATION CHECKED? J is the Mortgage Loan Correspondent of - NEW YORK LIFE INSURANCE COMPANY Insurance Company has invested many millions of dollarJn mortgage loans in the Salt Lake City area through Western Mortgage. The New York Life Because' we are specialists in the mortgage loan business, it may be to your advantage to consult us before you sign an. application elsewhere. We may be able to offer you a better loan. MORTGAGE LOAN WESTERN CORPORATION First Choice for Real Estate Loans Residential Commercial a Industrial -- 455 Eul 4th So., Sill Lake - 2464 Washington 8lvd Ogden City . !. . . K r'in ,v. . |