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Show ti i'W yrwe "lr l yr t y t Mondays Quotations Furnished ty J By Robert W. Bernick Tribune Business Editor Newell B. Dayton, president of Tracy-Collin- s Bank & Trust Co., Monday was elected chairman and chief executive officer of the bank. ' Samuel J. Carter, executive vice president, was named president pf the institution, succeeding Mr. Day-to- NEW index: AbbottL ACFInd Admiral AlrReduc AKoProd AllegLSt AlhedCh AMiedStr AllisChal AlumLtd RENAMED DIRECTORS WERE Mr. Dayton, Mr. Carter, L. Boyd, Harry E. Carleson, W. Prescptt Dunn, Sid H. Eliason, R. Carl Granville, Franklin Riter, Frank B. Streator, K, S. Tracy and Forrest S. Walden. Mr. Dayton is a graduate of the school of banking of the University of Pennsylvania (1922) and joined Tracys as an office boy in 1923. He was elected president in 1953. Bank ft Trust Officers elected to posts at Tracy-Collin- s Co., Newell B. Dayton, front; Dilworth S. Woolley, left, and Samuel J. Carter. Mr. Dayton is new chief executive. . - Total American bond sales Monday, $230,000; 1962 to date, $971,000. New York Bond Market Saltair Investment Co. and subsidiary Salt Lake, Garfield and Western Railway Co., resulting from the death in 1961 of Paul S. Howells, a principal in the firms and president of Howells Livestock Co., was announced Monday. SALT LAKE BUSINESSMAN Lorin M. Moench was named president of the investment firm, succeeding Mr. Howells. Edwin S. Gallacher was elected vice president and - Rex L. Forth secretary. Mr. Firth was elected president of the Salt Lake, Garfield and Western, succeeding Mr. Howells. Mr. Firth had been vice president and general manager. Mr. Firth announced the election of Paul V. Kelly, president of Co., mutual funds broker, as a member Mondays Quotations A reorganization of ClosChs. j iw JANUARY CLEARANCE SALE DowCh selected from our regular stock at reductions of 33 Vio Great Western, 2000 at 4c. Maiestic Oil, 5,000 at 2c. Mammoth, 1,000 at 90c. North Lilly, 100 at 52Vic; 400 at 50c Prince Con , 2,000 at 5Vc. Prosper Oil, 20,000 at 2Vic; 5,000 .JEW YORK, Jan. 8 (AP) Wool futures were mlxe Monday. Wool tops futures commission were higher on dealer an were housa buying. abroad Futures teedv. 2'c. ool future closed .4 of a cent higher Sundance OH, 1,000 at 30c cent lower. March 122 2B; 2 o Swansea Con., 500 at 32c; 500 at 35c. 119 119 119 Oct. Jul 2B; May 2; Dec 11 6b March i19 6B. Utah Con., 1,000 at 6c. Certified wool spot 123 ON. Water Wonderland, 500 at 19c Woo top future- - closed of a cent Western Alloys, 15,000 at 4Vci 15,000 32,000 Igher Oct. 156 5B. 7c; 3,000 at 7c; 12,000 at Certificateo spot wool $ops 162 ON. 10,000 at 7c; 19,000 at 7c; 4,000 r,. J 6c; 6; Sy- - Rexail Rev Met ReyTob RichMerl -Richtld 46 RovalDut 35 iRoylMcB' 26 Safeway 35 StJoLead 39' - 1 StLSFra 35 StRegls 99 .J SanOiego 6 167 V 5?7 SanDImptf 12 311- Schanley 10 16i Scherlng l 81- toi 131 49 a ll 43' V-- 4 7B'.1- - 40 4344 51 4 30 42 11 35 11 $49 to IBM IntHarv 42l IntNickel 22 IntPack a. IntPaper 36 IntRectif 331- 491 to IntResist IntShoe 25 - l'4 IntSiiver 67IntT&T 45IsICrCoal 71 JohnsMan 451 TTiJones&Lgh UoyMfg 131 'Kaiser Alum 20 27 30 54 30 57 70 231 - 331 4- 14 -4 V4 91 40i 1 V4 421 341-13- -' 31- 13 l'7(vH 'KernCntyLd 61- - 91 12 7 52 84 12 35 17 i9i 16V6i113 15 241241 25 2 42 32V4 'KerMcGee KlmbClark Korvetta Kresgt Kress Kroger Lear LeeRub Lehman (LOFrdGlass 2j 17) 80 13 54 3 57 . 54 - 65 58 20 - 13 42 17 54 73 4 43 39'4 151 441 15! 50 18' 151 21 15! 58 66 51 37 26 45 45 45 32 71 9 V4 ' , Topcoats - Sport Coats at substantial reductions - you hav above average N annual income, excellent job stability and excellent credit, I will loan you up to $2000 49 144 44 - v4TexasGlfSul 42 22 61 1 - 1 1 2 54 16 41 1VA 53 42 38 32 43 - 1 46 Texaslnst TexasUtil Textron TMokolChm ThompRW Tide WO TknkenRB TransWA Transamer Transltron jTrlCont iTruaxT 20thCentFox 'Underwood JUmonBagC UmonCarb UnEI UnOIICal - UnPac do pfd 43 1 UnTank 45 v4 UtdAirc 82' 4 UtdAIrL 12 UtdBisc 481 1 34 UtdCp 126 7t utdECI UtdFruit 64 UtdPkCM 40 UtdShoe 39 USBorax 4 US&F$c 50 36 t4 USGypsm USIndust 32 83 USPIpe 40 USPIvwd 30 USRbr iAMGM MidSoUt 1 MtnHnywell MinnP8iL Mission 3 VxlMoKanTex Monsanto MontPw MontWard V4 Motorola V4 MtFuel 2 Murray 30 NAFI NatAvta NatBisct W NatChR NatCLs NatDairy v4 NatDist NatGypsm Nat Lead NatSteel NewmtM NewpNSh NYAIrB NYCent 30 83 117 20 69 28 556 93 - j - 20 55 13 44 17 46 41 37 32 37 117 - DAILY INTEREST on regular savings 2 1 1 1 - 1 - 1 3. 46 65 33 8 36 45 8Va 60 25 1 70 35 29 102 19 22 46 56 . 1) 63 35 77 146 36 30 52 36 161 26 81 11 264 42 28! 47 USShoe 1 21 291117 99 26 38 62 37 44 11 USSmett I1 USSteel 2 USSteelpf USTob UnivMtch Uplohn 1 UtahPL - 1 Vanadium 921- - to VanNorm 76 h Varian 25VendoCo IK Cash Grain - Markets in Brief NEW YORK, Jan. I (AP- Stocks lower; some sharp losses Bonds mixed industrials slightly Higher Cotton htgnei active trading. Chicago : narrowh mixed; trade quiet. Corn r ly about steady; December wek Odts About steady, laid rally. Soybeans steady In ntrong: new errp months up rrv to 25 cents higher; most Hogs V 75; at at Eggs (prices by loose dozen) Grade AA 45, A large 4344, medium 40, B large 39 Cheese: 40 lbrr Indies block 40; 5 lbs sandwich loaf 44; mild Longhorn 44. Butter: 93 score 72; 92 score 70; 90 score 69. ; $18 25. Cattle slaughter steers steady cents lower top $28 35. t to 15 on savings deposits for or more, get maximum bank rates with maximum safety 12 months Effective January j EMpire - ANY MAKE -- ANY MODEL lj'!, on your tignature only. You do not need to pledge security or use Easy repayment may be made in equol installments over a Call me today. Bob ot Becksteod, Murray first Thrift and loan Co., 34 East First South. Customer Parking at Walker Center or Grants Lots - 1, 1962 rm H period. N 2 28 68 41 CHICAGO, Jan. 8 (AP) No wheat at sales. Corn No. 2 yellow 1 09; No. 3 yellow 1.06; No. 4 yellow 1 04. Oats No No. 1 txtra heavy white heavy whlta 76; No. 2 txtra htavy white 75; No 1 extra heavy mixed Soybeans No 1 yellow 2 48. Soybean oil 10N. ; feed at Barley Malting choice 1 MR. EXECUTIVE J 29t-320 16 66 Dairy Market ! 36j 23 41 7C. I Will loan you $2000 your signature only 1 43r 59 64 MMM 181 1 39- 57 - 1lMerrittC4S 31 76i - 48j 17)107 15 43 VtiUggeH&My iLllyTuI -. to LinkBelt 231-2- 1 ' gLittonlndust 584-7 4 Lockheed 15i-- 2 a4 LoewsThtre 201- - 7 LoneCem 251 n Lorillard 21 Lou&Nash 53) - to LukensSteel 44 MackTrucks 54 VI MacyDeptSt 13 MadisonFd 1 36 MagmaCop V4 66 1 Magnavox 96 1 MarqCm 49 50 '&Z Marquardf 35 MarshallFId 17 MartinMar 39 .$ iMayDeptStr 28 55 i47 McDonnell McCrawEd 32 V4 iMcGrawHill 44 McIntyre 79 McKess&R 59 Mead 25 49 4 Merck 46 67 10 53 39 46 iLibAAcNLtb 521 w 20 9 Intiakt 1 35 1 UlCent M 65V4 iv- 2 u m I'l idealCm 1V4 - gj V4 24 22 v. IngRand Va IniandSt - to InspirCp ii Raybest Raymond Ravonier 21 40'- RedOwlStr 5 53!- - 1 ReedRB 211 49' alls"'.- - v.RepAvn GulfOH - '.'RCA - 351 27 Si 10i 621- Harsco HercPdr Hershey -5i7ai. l ttilton HoffElecfr sh J39!i 9. HolIndF 5181- - E'i Homestk 14a-2- 7' to HouseF HoweSd 49 33 20Tal- 2i 50'K4 26;,l i. 57V. 4 15 691- - 54 V. Polaroid proclerO Publikr Pu9e!SP IV, Pullman l1 PureOil V. V. J7LM' v. - 36- ' 27 Dresser 351 61 41 9 Duplan 7 3 DuPont 41,230 NYCiL wimrBf 78 14! 30 V4 25! IS NYShipb DuqLt 49 WashWP 29 4 22 44 NiagMoh EagleP 21 WstnAIrL Norf&W 21107 5 261-10EastAirl 1 34 WstnBanCp 1361 60 NoAmAv 5 Eastman 26 WstnPac 461 42 NoPac f 2 371- - 1 EatonM WstnUn 401 24 1 57 1 Northrp u'j. 87 EdisonBr V 27 131 30 NwstAir - to WstnAIrBr 5 561 ElAutoL 37 WestgEl 49 4ii- - 1 OhioEd - 1 4 46 EIStrgB 42 Whee'St! OhioOil 351 40 "4! 15!- ElginNWat 30 OlinMath - 4 Whirlpool 361 40 181 25'- EIPaNG 50 WhlteMot OtlsEI 291 751 5 75,4j EmrsnEI 4 OutbdM 8 52 WhiteSM 21j 41 3? - to Owen MG EmrsonRd 48 4 14 911-WllsonCo 1 II 4' ErieLack 36 - 1 - 2 45 96 WlnnDx PacGEI EvansP 85 412 Woolwth PacLt 431 591- 1 61 42 - IVa ExCellO 52 7PacT&T 43! 3Worthngtn 101 7 10 FairbWhy iWvandta Pc:e L 135114' 3! 28 FchkJStrat YaleiT PanAmSul 116115 4! 25 102 PanADA FamilyFn YgstnST 241211 I 49 2 49 68 116 3 PanhEPL Zenith FerroCp 531 Total New York stock sales Monday, 4,620,000 shares; 1962 to date, 20,416,000. Hathaways Colored Dress Shirts Wool Market 7 7 !' 4 27T.- I10 32'7i GenFoods 29V?- I- CornlngG CraneCo CrownZI Crucible CudahyPk CurtissW CutlerHm DanaCp DeccaR Deere Del&Hud DenvRG DetEdis DlrAik DfaNat Disney OomeM DougiasAc W. E. Fife Co. " 1 GenMoiort GenPrecn GenPbU GenRetcrt 381 GanTelE 40) 46t 2 GenT&R Genesco -3 GaPac 271-- 5i Gillette 53 4 251-2- 1 ft. Gladding GlenAld 374,- 1- 2 iGlidden 331 59 30) 151- - 14 Goodrich M 35Goodyear - IV GraceWR 132 GreysnR 1001 531 1- 4$ GtNOre 2344GtNorRy 15V- 4- WiGtWSug Greyhound 19 511 Vi GrumAirc Salt Lake Stock Market Mondays Quotations 1 h 41 CampSp CanadaDry CanPacific CarpSt Carrier CaseJI CaterpilT Celanest Ceiotex CerroCp Certntd Cessna ChmpPap Chemetron Ches&Ohio ChMSPiP ChitNW ChRl&P xChYeiCb Chrysler CITFm CitiesSv CityStrs ClarkEq C' Him CocaCola Colgate ColhnsR Ten Leading Stocks V ? - Broken Lots from Our Stock 33 28 61 98 68 17 - 2V4 - to 91 1 Cal&H U.S. Treasury Special Sale 72 03 W - 751-39- mining figure, was also elected a director of the railroad. MR. KELLY ALSO IS A DIRECTOR of First Federal ColoF-l- r Savings and Loan Assn, and of Central Western Shippers CBS Advisory Board. He is former chairman of the Utah Liquor WASHINGTON. Jan. 8 (AP) The cash position of the treasury comColGas ComCredit Control Commission and a past president of Salt Lake Rotary pared with corresponding date a year ago. 3. 1962 4. 1961 Jan ComSolv Jan Council and Seed State Club, Sait Lake Country Club, Utah $ 6,003,013.628 18 ComwEd Balance: $ 6.051.516.148 24 $ 43,989,539 405 30 ConEdis $ 44 552.727,616 19 Utah State Elks Assn. He is a former vice president of Deposits fiscal year July 1: $ 49,004,813 352 51 ConsNatG $ 54 094 093,506 06 fiscal year. Withdrawals Farmers National Grain Corp. of Chicago. Total Debt $290,352,362 406 43 Container (X)$296 457,635,094 46 Assets07 $ 17,669,587.754 46 ContBank Gold $ 16,889,711,719 Mr. 'Gibson is vice president and secretary of Western ContC an tX Includes $438 403,248 90 debt not subject to statutory limit. Contlns Powder Co., a director of Commercial Security Bank at Ogden, ConIMot Con ton president of Gibson Investment Co. and a member of the CooperBs executive committee of Federal Resources Corp. r rnPd 152 South Main St. rue p iCioseiChg 100s In h W Genlnstr 01- - vslenW,lls BuddCo Burlind Burrghs CalPckg CallahanM Total American stock sales Monday 1,750,000 shares, 1962 to date, 8,160,000. Total New York bond sales Monday, $6,830,000; 1962 to date, $31,017,000. Sales 43 BucyErlt Keliy-McBet- ? yoTReP! - to 511- - AmZmc Ampex Anaconda ArizonaPs ArmcoStl Armour Atchison AtIRef AtlasCp AvcoCp Babcock BaidLHm Balt&Ohio BathlronWK BeatFd Beckman Bell&Howell Bell nt Bandix Benguet Best&Co Bestwall BethSteel BiglwSan Blki.Dk BlawKx BlissEW BoetngA BookMn Borden BorgWarner BnggsMfg Brunswick Mondays Quotations Saltair Investment Reorganizes Suits ingw ujnreer" Co. 73 80 33 92 63 4 8 69 84 561 AmWWk American Stock Exchange in 1947 of m Low High 4 70 IS 67 14 16 24 63 4 19 V 4 45Va 6 4 6235 21 60 27 13 64 4 19'417 109 10 21 12 17 26 25 44-- AmaiSg Amerada AmAirl Am Bosch AmBrdPar AmCan AmCrySg AmC.an AmDtst Am&FP AmHomt AmMFdy AmMetCI AmMotora Am N Gas AmOptical AmPhoto AmPtsh AmResearch AmSeat AmSmelt AmStd AmStIFd AmT&T AmTob AmViscosa Carter is a graduate of Harvard Law School in 1928, and practiced as an attorney in California and later in Utah. He joined the bank as a vice president in 1947 and was named MR. WOOLLEY IS PRESIDENT and general manager of Redman Van & Storage Co. and subsidiary Overman Moving Co. He is former president of Bekins Van Lines. He is chairman of the Salt Lake City Capital Improvements Committee, an advisory gi'oup to the Salt Lake City Commission. A director of Utah Power & Light Co., Mr. Woolley served two terms as a Republican in the Utah House of Representatives and later served one term in the State Senate. 100s ALCOA Mr. Dayton said total resources on Jan. 1, 1962, were $26,519,000 compared with $23,481,000 at the end of 1960. - p Mondays Que?HAns Resources Reach $26,519,000 1953. iy w Standard & Poors Closing 500 Stock Index YORK, Jn. 8 (AP) Standard and JPoor'a closing S00 Salts in - Scott Hone A 425 Industrials 25 Railroads 50 Utilities 500 Stocks Dilworth S. Woolley, prominent Salt Lake businessman and civic leader, was elected a member of the board of directory of the bank. Mr. Dayton announced the retirement of William E. Shurtleff as auditor. Ralph H. Webb, an assist- ant auditor, was named auditor, r. Bernick Col. W. C. McFadden, a former commander at Fort Douglas who joined Tracy Collins in 1958, was advanced to trust officer. He had been an assistant trust officer. Mr. Dayton announced net operating earnings of the bank as $3.53 a share on 64,000 shares outstanding for year 1961. In 1960, the bank reported net operating earnings equal to $3.17 a share. During last year, the number of shares outstanding was increased from 45,00(kto 64,000 shares. executiyeyicepresident in m Dow Jones Averages Fills Elective Positions s w StockJIarket New Yrork Tracy-Colli- n Tracy-Collin- j 'vp p yj wj The Salt Lake Tribune, Tuesday, January 9, 1962 Up and Down the Street Joined uy , - - - 'Mr. g " ' " y mrw w" wr awwe mr wtm IOI 1 MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION 3 YEARS DAY TO IECKSTEAD MURttAY THRIFT FIRST and Laan Co. . CJ 34 (ml Knl Soutli Soli U. City EM 4960 South Stoto a Murray a AM licensee A EM 449 S. 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