| OCR Text |
Show I The Salt take Tribune, Wednesday, January 10, 1962 Up and Down the Street New York Stock Market Sales AbbottL AC Find Admiral AirReduc AlcoProd AilegLSt AlhedCh AlliedStr AlhsChal AlumLtd INITIALLY, PRODUCTION WILL be 4,000 tons of ore daily, or roughly 600,000 tons annually of muriate of potash. TGS will proceed almost immediately into the construction of another unit at the beneficiation plant, lifting output to about l,200f)00 tons annually. Later, the firm will add a third unit to hike output to 1,800,000 tons a year. This will make Cane Creek the single largest producer of potash in the United States and perhaps the world. Dr. Fogarty " , explained.. Establishing Regional Sales Offices He told the Rotarians that TGS already had established potash sales offices in Atlanta, Ga., and Houston, Tex., and Chicago, and is establishing other sales offices in the United States. He said the firm anticipates no difficulty whatsoever in selling its Utah potash product. He said the main shaft, tapping the rich potash reserves at Cane Creek existing at between 2,000 and 3,500 feet, was at a depth of 956 feet Tuesday morning. It will go to some 2,800 feet. DURING DECEMBER, THE contractor, Harrison International, completed grouting with cement of a small water intrusion!. But Dr. Fogarty said that this water flow was of minor significance to the progress of the shaft and of no to 100s CioseChg. itself.- - concrete circular shaft probHe said that the ably will be the deepest shaft of such size in the United States. Eventually the project will boast four big product storage buildings, each about the size of a football field and each containing 125,000 tons of muriate of potash. Potash will move from storage td railroad cars, which will haul It up a industrial spur being constructed by Denver & Rio Grande Western Railroad Co. DR. FOGARTY WAS INTRODUCED by Gus P. Backman, executive secretary of the Salt Lake Chamber of Commerce. He noted that the existence of the project caused him to reflect areas, that if all of Utah were tied up in parks and wilderness there wouldnt be any 'Texas Gulf Sulphur Co. operation in Utah. e Sales In 100s FoodFalr FMCcp AmalSg Amerada AmAIrl AmBosch AmBrdPar AmCan AmCvan AmDist Am&FP Am Home AmMFdy AmMetCI Am Motors AmNGas AmOptical Am Photo AmPtsh AmResrct) AmSmelt AmSfd AmStIFd AmTST AmTob Am Viscose . AmZinc j Ampex Anaconda ArizonaPs ArmcoStl Armour. Atchison AtIRef AtlasCp AvcoCp Babcock BaldLHm Batt&Ohio Bathiron BeatFd Beckman BellSHowell Belllnt Bendix Benguet Best&Co Bestwall BethSteel BlglwSan Blka, Decker BlawKx BlissEW " BoeingA BookMn Borden BorgWamer BrlggsMfa Brunswick BucyEne BuddCo Burllnd Burrghs CaIPckg CallahanM 274 GenMMIs 31 Gen Motors GenPrecn GenPbU GenRefcrt GenTelE GenTR Genesco GaPac Gillette GienAid Glidden Goodrich Goodyear GraceWR 54 23 25 to 90 27 58to 33 21 27 82 40 53 49 V 12 43V 68 42 79 24 22 46 35 26 35 38 36 99 170 Utah Capital Corp. Organizes 52 34 26 42 85 46 54 24 556 24 25 , Hogs 14 000 bar-roand gilts steady to 25 lower; sows 5 lb. 17.75-1- 8 00; mostly steady? lb 15 5 50 tows Cattle 10,000; calves 100 steers generally steady; heifers and cows steady; high choice with moderate end prime 1,300 lb steers 26 50; high choice with end choice with prime 1,200 IB 26 25;975high lb heifers 26 35. moderate end prime and lambs 3,500; slaughter Sheep 103 lb choice slaughter ewes about steady; shorn 97 choice lb wooied lambs 17.25; lambs fall shorn and No, 1 pelts 16.75. 'OMAHA CHICAGO, Jan. 9 5,500. Active; Borrows and sows strong to 25 higher; good shipping demand; gilts mostly higher; early clearance; 25 AUTO FINANCIAL RESPONSIBILITY INSURANCE ond tile your policy with regardless 63h MGM MldSoUt MirmHw MMM ControlsA CooperBs CornPd CorntngG CraneCo CrownZI Crucible CudahyPk CurtissW CutlerHm DanaCp DeccaR Deere Del&Hud DenvRG DetEdis DiaAlk DiaNat Disney DomeM DouglasAC Mission MoKanTex Monsanto MontPw Mont Ward Motorola MtFuel Murray 44j W 39 30 31 30 83 Nafi NetAvia NatBisct NatChR NatCLs NatDalry NatDist .NatGypsm 'NatLead iNatSteel .NewmtM 'NewpNSh iNYAIrB NYCent Dresser Dupian DuPont DuqLt EagieP EastAirL 118 20 68 277a 54 90 91 NYC8.SL NYShlpb NiagMoh - EatonM EdisonBr ElAutoL EIStrgB ElgmNWat EIPalNG EmrsnEI EmrsnRd ErleLack EvansP ExCellO1 FalrbWhy FchldStrer r FamllyFn FerroCp Flltrol Firestone USShoe 1 - - USSmeltlng USSteet do pf USTobacco UnlvMatdi Upiohn UtahP&L Vanadium VanNorm Varlan VendoCo Walgreen Walworth WamerBros WashWP WesternAIrl WstnBanCp Western Pac WstmUnlon WstrnAirBr Westinghse Wheel ingStl Whirlpool WhlteMotor WhiteSM WilsonCo WinnDx Woolworth Worthington Wyandotte YaleATowne YoungstnST Zenith 1 - - 3 1 78 2 52 36 20 1 14 107 61 NoAmAy NoAmCar NoPac Northrp NwstAir OhicEd OhioOii OiinMath OtisEl OutbdM Owen USPlywood US Rubber 447a Norf&W Eastman ; ,USGyp5um . aAUSIndust . u US Pipe 40 64 42 57 30 44 40 40 74 21 IG 90 96 58 PacT&T PackBI PanAmSul PanAWA PanhEPL 38 18 15 20 53 ParamP 55 ParkeDav 35 Naw York itock aalaa Tuasday, 3,500,000 shares; at school DA i 14 3 32 New York Bond Market Tuesdays Quotations Sale In 1,000 (Close! Che. Sales tn 81,000 (Oosej Chg. - I Sales Uose Chg. in $1,000 NYNHAH4 1 PhlllipsP2S do4S 106'4 SILSF4S SlncO cv4S SoPac4'is 11 8 40 36 ,,500,000. - doOr4$ StdOillnd3s StdOIINJ2s 1 to WetPac5s 2 ,WhSH cv3 - Vi 51 77 3 Standard 12 7 15 32 44 19 21 58 14 40 38 62 48 23 37 38 75 95 43 9 9 40 6 46 1 w H -- 1 -- 1 14 14 73 24 21 2 106 14 6 Railroad. Utllltlas Stocks Ten Leading Stocks Gen Dynamics 12 4 Induatrlala Dow Jonas Sarvlca NEW YORK, Jan, S Volum. Closa Chanon Brunswick - Vt 5 VS 71,500 d -- 3'4 ,00 ,9 Ctirvslar - VS 53 43,400 33 55 35 18 35 36 IS 25 53 23 77 13 425 25 50 500 11 42 14 Poors Closing 500 Stock Index NEW YORK Jan. 9 (AP 19 58 1 & i Gen Motors Ford Motor N Y Central Std Oil N J Am Photocopy McGraw Edi$ 40,100 38,500 35.600 34.600 33.300 31.300 31,200 31 54 114 20 50 28 37 Salt Lake Stock Market -- 1 Tuesday Vb 88 53 56 CHICAGO, Jan 9 to - -- 1 - to 1 to to to -- 1 1 1 CHICAGO, Jan. 9 (UPD to Live Roasters to ted Whittpoultry: Rock fryers Cheese: Single daisies to -- - 2to 31 37 25 to to to to 4 36 11 41 to to to 47 to 7 79 49 1 to 21 26 87 11 52 1 10 11 146 6 28 8 10 8 1 61 41 10 16 4b 12 28 16 101 76 67 1 to to to - tpe - longhc 58 20 67 19 90 529 15 38 78 13 11 15 13 12 12 35 36 02 B.nks, Insurance, 75 Finance 68 21.34 10 90 784 686 10 31 643 23 25 43 31 15 31 5 01 16 08 16 71 5 47 17 40 639 700 16 .16 43 33 24 48 1583 16 19 67 22 63 17 386 422 6 21 8 96 929 954 10.43 93 16 32 9 15 17 98 10 62 6 836 54 77 79 938 61 14 9 94 16 21 8 51 83 79 94 14 14 758 28 5 58 4 70 16 91 15.12 410 5 14 18 38 16 48 pen Lew Close 2 07 2 09 2 10 2 11 2 10 211 214 2 19 2 2 14 19 08 Egg Grad. to B (prlcas AA 1 13 16 1 12 1 16 1.18 1.17 1.18 1.16 .73 .72 . .7 3 .73 .74 109 1.13 , 1 Cash Grain 16 1.18 1.17 1 35 1 35 CHICAGO, Jan. 9 (AP) No wheat sales. 107; sampe grade yellow 102. Oats 1 07; sample grade yellow 1 02, Noats .73 No. 1 extra heavy white No. 76; "No.1 axtr heavy- -- mixed 75.- Soybeans .74 ' 3 yellow 2.42. .75 Soybean oil 10N. Barley: Malting choice feed 1 35 May 1 1 32 1 1 32 27 1 July Sept. Dec Soybeans Jan. March May July Aug. Sept. 1 1 1 26 25 1 28 .72to J?3 .74 .75 .73 .74 25 1.29 1 2 Lard Jan March May July 43 47 2 2 49 2 49 2 48 2 41 Nov 36 33 27 1 26 1.29 1 2 43 2 47 2 49 2 50 2 48 2.43 2 46 - 32 27 26 Wool Market 1.29 NEW YORK, Jan. (AP)-W- ool fu. tures were irregular Tuesday. Wool tope futures were slightly lower on commit sion house selling. Wool futures closed .2 of cent lower to .2 of a cent higher. March 122 Bg May 119 SB; July 119 0B; Oct. 119.1B; Dec. 119 IB; March 119.8B. Certificated wool spot 123 ON. Wool tops futures closed .1 of a cent lower. July 157 5B. Certificated spot wool tops 162 ON N Nominal. 2 43 2 46 2 49 2 49 2 49 2 49 2 48 2.48 2 41 2 40 239 2.40 239 240 930 932 930 9 32B 9 55 9 ISA 2 41 (drums) 9 52 9 55 962 9 85 10 15 10.15 9 52 980 10.15 1015 Potato Market IDAHO 4 2 2 -- 2 - 2 59; 56; YOUR DEPARTMENT STORE INSURANCE a Bank Clearings Monday', debit Quotations M,0M,75J 00 30,204,477 00 23,441,447 4 11,133,443 (4 Sam. Dby Last Year Tuofday't Clearings Sam Day La.t Ytar a CONTINENTAL AGENCY COMPANY 370 lest 4th South, DAI-811- 7 32; ET1. Q) When unexpected illness or accident strikes one of your employees or his family advanced medical skills and techtodays assure that niques everything possible will be done to effect by loos dozen): A larg madlum large Cheese: 40 lb. rlndleu block 40, 5 lbs to sandwich loaf 44, mild longhorn 44. Buttar: 93 scort 72, 92 score 70, 90 1952 to data, 24,015,000. cor 49. -- - 09 1 4 2 - Dairy Market to 1 1 Tuesday 2 grade A block): grade 45 50, grade B grade C Butter easy. 93 score 92 score 59 90 score 58to; 89 score cariots: 91 89 score 57. score Eggs steady. White large extras 34; mixed large extras mediums standards 29; dirties 28; checks 28. Potatoes total U S shipments 420; (old) arrivals 49; track 154; (new) arrivals 1; track 1; (old); supplies moderate; demand good, market firm. Track sales (100 lb U S. 1A unless otherwise stated): None reported due to cold weather Street sales Idaho russets 3 75-- 90, bakers 4 40-- 4 50; Montana russets 3 65 3 75 4 bake's 00; Oregon russet bakers (4 40); Colorado red McClures 3 15-- 3 25; Minnesota-Nort- h Dakota Red River Valley round reds 2 75-- 3 00; Minnesota rus2.75-- 3 00, sets 3 15; Wisconsin russets round whites 2 00-- 2 15. New potatoes: No track trading due to cold weather. Street tales: Florida round reds (50 lb) Onions: arrivals 5; track 19; supplies demand merket moderate; moderate; firm Track salts: none reported. Street sales yellow targe n 4 white medium 5 50, large 5 25; Indiana yellow globe medium 2 Michigan medium 2 large 3 25 red medium 3 25; Wisconsin yellow globe medium 2 25--2 35, lerge 3.15-- 3 50. lb 33; 1 to - Produce: (wheels): 0 58; -4 - Swiss B grade 1 35 34 27 40 27 37 42 32 50 9 48 36 7c.7c, Produce Market Vt 51 11 64 52 15 FALLS Potato ofwire inquiry good; ferings moderate; z min washed good, steady; russets cwt, fob market U S, 1 not size A 1 45-- 1 z 0 60; size A per cent larger 1 70-0 85, per cent min 1 per cent 2 00-- 20; U.S 2, z -2 min min -2 packer prices to growers; bulk per cellars to be washed; 2 cwt at growers - 2 US V size A 24n or oz min accord mg U.S. 2 - 2 to quality and condition 1 - 2 z min to 21 2 9 8 at 7c, 4,000 22 11 U.S. Government Bonds 6c. 1 - 77 147 36 29 1 SALES Chief Con Pfd., 100 at tl.35, 500 at $1 30 Dow Jones Service Clayton Sliver, 1,000 at 40c. Cr. Eagle Oil, 1,000 at IVyc, 100 at le. YORK, Jan 9 Dealers markets Diamond B, 1,000 at (bid and asked fractions and changes in 32nds) fast Utah, 1,000 at 23c General Con., 100 at 52c, 100 at 52c Notes Bid (Asked Chg. Mammoth, 900 at 90c, 100 at 90c, 400 at 90c. North Standard, 100 at 81 35. Prince Con , 2,000 at 5c Prosper Oil, 11,000 at 2toc, 500 at 3c, 2,000 at 2toc Bonds Rovston Coal'n, 1,000 at 6c. Sundanca Oil, 500 at 30c. 1 Swansea Con 500 at 35c, 1,000 at 35c. -1 Western Alloys, 20,000 at 7c, 6,000 at 2 7toc, 10,000 at 2,000 at 7c, 3,000 at 46 14 4 18 8 4 106 5 6 26 18 41 19 13 945 589 2 07 May July Sept. Dec Oats March May. July Sept Rye March ito U 19 23 47 56 62 70 312 Corn-M- arch 12 100 21 101 38 87 22 7 25 6 35 High Dec. to to 22 23 26 40 38 15 63 13 20 4 54 14 12 32 44 35 17 14 47 6 41 24 37 18 33 12 36 25 116 12 45 11 65 46 33 16 1 8 36 43 36 14 43 4 8 3 62 41 26 1 4 26 66 8 35 11 29 1 But your employcannot; on their own, prepare for the costs of such ees That all depends. It depends on which stocks or bonds you buy It depends on your reasons for buying them whether you're buying for investment purposes or in the hope of selling tomorrow for a quick profit Certainly, there are uncertainties in the present situa-tio- n political and economic. In some degree, thats always the case, but our basio position never changes a bit. We think some securities are always better buys' than others ... that sound opportunities tor investment always exist for the man whos looking ahead tor the man whos a lot more interested in just where hell stand in five or ten years not five or ten months. Wo believe OFFICE SUPPLY 29 East 1st South If you feel you belong in that category yourself, well be happy to help you select the stocks or bonds that seem most suitable to your own situation. Liquidation Sale Just tell us about your circumstances, your investment objective growth, liberal dividends, or safety and well do the best we can to help with your problem. MERRILL LYNCH, sacrificed to clear PIERCE, FENNER a! cost or below fississ hours: 8:30 o.m. 5:30, ( toss stool uosnsti sis - . 4 & emergency jvill strike. Thus a prepayment program is neces- a program providing realistic sary in todays economy service benefits, not limited dollar allowances. Blue Cross-Blu- e Shield, with its unique Service Benefits feature, offers this realistic health care protection. With Service Benefits, your employees can receive complete coverservices age for a wide range of covered by their certificates a plan designed to meet any a plan that protects your employees with the emergency type of prepaid health care coverage they require. Whats Shield provides coverage when your more, Blue Cross-Blu- e employee retires. Learn how you can provide your employees with the protection of Blue Cross-Blu- e Shield, and get the most for your health care dollar. For information, call or write: hospital-medical-surgic- al Blue Cross Blue Shield for Hospital Cor SMITH INC still tiiscifii Telephone! care because there is no way to know what these costs will be nor when the ' for Medicol Cor i stool ass oosooiirt 129 S. MAIN STREET, SALT LAKE CITY h Askd 01 12 12 11 11 11 11 91 11 65 11 73 19 74 10 19 16 9 8 9 14 7 12 j 18 05 463 (API-O- Wheat March May July Sept. to 56 4 70 58 30 68 53 49 53 274 50 2 54 55 21 13 46 1 17 13 85 115 10 4 51 25 27 25 10 15 42 2 58 35 23 37 55 43 22 43 116 Bid 2010 14.15 12 68 10 35 14 04 14 and Utilities 93 21 92 15 36 15 49 07 52 32 02 83 18 12 14 19 16 Industrials Grain Futures to to 27 46 18 128 9 950 346 Century United Accum Fd United Continental unch United Income Fund - United Science Fund Value Line Inc Fd - Value Line SP SH Wellington Eq. Wellington Fund 4 28 16 604 914 16 52 18 58 11.37 11 90 10 27 10 68 20th 41 2 20 9 39 38 15 2 21 4 18 1 49 34 38 8 108 16 56 24 22 V 16 70 64 50 39 33 3 32 6 5 56 1413 2 Quotations 560 14 21 do Keystone of Can Knickerbocker Fd. Lazard Fund Mass Invest Tr Mass inv Growth Stk Nation-Wid- e Sec N Sec Dividend Stk Series do Income do Stock do Growth One William Street Puritan Fd Putnam George Fd Putnam Growth Fd Total New York bond sales Tuesday, $6,420,000; 1962 to date, $37,437,000, Total American bond sales Tuesday, $190,000; 1962 to date, $1,161,000. 4 57 260 906 488 20 06 doF-S-- 3 313 2 37 Should you invest now? & Monday thru Friday EM 3--1 575, Ext. 291 INS. AGCY. 47 to data, 1M2 tharasj Asked recovery. ssiogyiii itori IUDGIT TIRMS 26 1,320,000 Markets in Brief the reason. MINUTEMAN 117 to. Slot SunOil all merchandise WE CAN INSURE YOU the state Sperry R StdBrand 7a StdKolIsm StdOCal StdOInd i i StdONJ StdOOh StdPack Stauffer SterchiB SterlDg StudePack SunravM 56 SunshnM 13 Swift 106 TennCp 43 TennGas 49 Texaco 145I TexGlfSul 44 Texlnst 42 TexUI 22 Textron Thlokol 61i 1 ThompRW TldeWO 41 TimkRB 67 TransWA 28 Transam 68 Transitron 41 TriCont 31 TruaxT 16l 20thCentF Altol Underwood 27 UnBagC UnCarbldt 1 44! Union El 37l- 33 UnionOIICal UnPacIfic -1 41 do pf 43 h 1 UmonTank 82 UnitedAirc 12 UnltedAirL 48 UnltedBisc 34 UnitedCorp 1 124 UnltedECI 64 UnitedFrult 39 UtdPkCltyM 4 ... UnltedShot 48 : USBorax 37 f JJ'USAFS 33 Magnavox MarqCm Marquardf MarshFteld MartmMar MayDS McDonnell McGrwEd McGrwHI McIntyre McKess Mead Merck Merritt 54 62 24 40 SoRy -- 13 2 3 15 A 17 31 NEW YORK, Jan. 9 (AP- IStocks mixed; recovery fades. 4 head U S. No 2 203 lb butchara 10 75; Bonds higher) governments mostly un0 lb lows mixad No 3 changed. Cattle 3,000, calve. 25. Moderately acColton trade buying and tive; .laughter .tear, and halter, fully liquidation mostly higher; steady; cow. itudy to weak; bull, steady Chicago to 50 lower for two days; vealr steady and feeder, Wheat about steady; mixad grades. to 1 00 higher; Stocker, 0 .feady; few loads27 mostly prim Com firm; moderate demand. comnrwclal lb stw. Oats strong; short covering and comcow. 14 4 50; utility and commercial r. veal-tmercial buying. bull. 19 1 50; standard and good 20 good 1,0)6 lb feeder stean Soybeans mixad; new crop months 23 00. firm. lamb, 1,200. Active, slaughter Sheep Hogs mostly 25 cants higher; top strong, awe. steady; three loads choice 16 75. 0 lb fed western wooied and prim steers Cattle slaughter 1 top and deck choice steady; prim lamb. 94 lb mixed shorn and wooltd slaughter 627.75. lamb. 17.50; good- - and choice native. 7 15 50; cull to choice slaughter ewe. - ' II stock aalaa Tuasday, 38 7 i 20 Litton Lockheed LoewsThtra LoneSCm DowCh Eag Market V4 51 19 6 79 28 207 26 85 SheilTran Sheller Sheraton Simmons Sinclair SingerMfg Skelly ' SmithC SmithKF SoconyM SoPor RS dopf SoCalEd SothnCo SoPac 6 14 5 124 18 13 ShellOII 28 LibMcN ContOII Caives 100 active firm to 1 00 higher; LOS ANGELES, Jan. on advance slaughter claws; Eggs- - Prices to retailer f.ob. distributor most 0 lb slaughter good and (delivered IV. cants higher) AA plant, 25? standard 24 lb 75; 26 A extra larg extra large 17 00; stock-er- a 9 mostly 22 4 50? utility AA laigt 40W44V5; A targe 37VT-3AA medium 37Vi-4- 0 steers, good to I ow-c- h oice 2930CF 0450 lb Vs; B larg 00; Individual 100245 lb 25 AA small 33V7-3- 4 A medium '.si 0 lb and good heifers medium consumers AA Vs; A .mall 21 A larg AA madlum and large A barrows active, 100? barely AA amall medium Hogs 17 200-2 5 75; 2 lb No A .mall gilts 0 higher, tows 0 No 2 and 3 Individuals 18 00; Poultry Fryers (a, ranch) 1414-1lb 14.50. roasters (at ranch) light type hens Sheep none. 6 id wld av 1.51, hang cross Industry; wtd avg 7 01. Young tom furkeyt r steady steers slow, Cattle 450; slaughter Buttar: Prices to retailers grade AA cows moderately active, mostly steady, 46 A 48VJ-7d bulls about steady. Slaughter steer 1,000 lb 23 50; cows standard range type 2100; high utility 17dairy bred and 5018 50; utility commercial range type 6 7 00; Individuals 15 00; cutter 15 to 16 50; canner 13 5 00; bulls utility cutter 18 9 50. 20 -- 51 84 13 35 17 30 27 30 54 12 '31 57 70 38 14 34 2 38 43 83 78 39 75 42 36 24 m ColGas ComCrdlt ComSolv ComwEd ConEdls ConsNatG Container ContBak ContCan Contlns ContMot Total - 51 15 IntRectlf IntResist IntShoe IntSilver IntTST IsICrCoal JohnsMan Jones&Lgh JoyMfg KaiserAI KelseyH Kennecott KernCL KerMcG no 3 KimbCiark Vi Korvette 25 25to to Kresge 40 Kress 42 to Kroger 9 Lear LeeRub Lehman CBS Livestock Markets Artesla: Cattle 1,550; moderately active; slaughter steera fully steady, helfara practically untested, cows and bulla steady to 50 lower, Stockers and feeders about steady; to average choice slaughter steers-l- ow 1,266 1,174 lb 26 00; average to high-goo-d with Indid to lb 24 50; average 1,154 lb 25 25; average vidual commer23 standard to 21 2 50; low yielding d cial and standfew 23 lb 00; heifers d 1,288 00, cows -f- ew standard rang. ard 21 0 lb 19 0 00; helter type 9 00; util1,028 lb 22 00; commercial 17 50; Individ10; cutter 14.75-1- 6 ity 16 ual straight bodied to 17.10; Conner 13 3 00; Individual 00; bulls utility 21 00; heifers cutter 18 3 50; 23 5 lb 22 50- and d 78 30 .28 81.16 -- .10 85 82 4.02 91.77 -.- 08 44 57 19 58 3 64 Raybest Raymond Rayonier RedOwlStrg ReedRB RepAvan RepStl Revere 1 Revlon Rexall ReyMet RevTob RichMerl Richfld RoyalDut RoyalMcB Safeway 2 StJoLead StLSFra 2 StRegis SanDiego . SanDImper Schenley to Scherlng SeabFin SearsRoeb Serve 1 ShamO SharonS Shattuck 16 8 49 IntPaper CotoF-l- r received Organization of the Utah Capital Corp., which this earlier charter investment company its small business is William E. month, was announced Tuesday. President M. R. Peacock, Myrick, president of the Valley State Bank; vice president, and W. A. Wilkinson, secretary and general manager. DIRECTORS OF THE FIRM INCLUDE Iriving H. Biele, Salt Lake attorney; J. Keith Hansen, Salt Lake accountant; Harrison S. Brothers, Salt Lake brokerage firm president; Leon J. E. Lehnherr, president, Valley Shopping Centers, Inc.;RoderWilliam of Harman Inc.; Cafes, W. Harman, president of ick, petroleum products distributor; Sam Souvall, president Motor Strong L. H. president, Strong, the Souvall Brothers; Co.; Fred W. Fairdough, president, Fairclough , Building A. Ray Curtis Insurance Co. Corp.; A. Ray Curtis, president, Penney PennSalt PennRR PepsiCola PetMilk Pfizer PhilaEI PhilMor PhlllipsP Pitney B PlttsPGI PittsStl Pitts wva Plough Polaroid ProcterG Publikr PugetSP Pullman PureOil RCA 31 IntHarv IntNickel IntPack a Hyland Oil Co., Salt Lake the agreement with El Paso Natural firm will take over operations of the Jacks Canyon Unit in Carbon County. GEORGE T. HANSEN JR., HYLAND president, said his firm would seek to reestablish production in three wells El Paso completed to the Greenriver formation some years ago. One well is a gas producer rated at 1,250,000 cubic feet a day. and the other two wells produce high pour-poin- t In oil. the A new system of heater installation will be Installed oil wells. IF SUCCESSFUL IN THIS production effort, Hyland will unit and earn a 75 per cent working interest in the 3,515-acr- e win drill another wildcat or developmental well this year. Some 960 acres of the unit are regarded as productive and the field is within a reasonable distance from the new Uintah Basin transmission of Mountain Fuel Supply Co. and El Paso Natural. -- 7m GtNOre GtNorRy GtWSug Greyhound GrumAlrc GulfOil Harsco HercPdr Hershey Hilton HoffElectr HolIndF Homestck HouseF HoweSd HudBayM IdahoPw IdeaiCm JHCent IngRand InlandSt InspirCop intlake Ch&NoW 2 6 IBM CampSp CanadaDry CanPacific CarpSt Carrier CaseJi CaterpllT Celanese Celotex CerroCp Certntd Cessna ChmpPap Chemetron Ches&Ohio ChMSP&P 14 31 ' Cai&H - V FreeptS FruehTr GenAccpt GenBak GenDynam GenEI GenFoods Genlnstr Farms Out Jacks Canyon Wells feed-lot- s: Che. 84 24 903 Sales In 100s tCmseiChg. 2 eo'j oravsnii - - 114 13 ' ChRI&P ChYelCb Chrysler CITFm CltiesSy CityStrt ClarkEq CIvElim independent, has signed farm-ou- t CocaCola Colgate Gas Co., under which CothnsR LOS ANGELES, Jan. trading Los Angelas araa 4 Total Amarlcan CtoseChg. 7 24 73to 36to- FrthCpt Flintkte ALCOA n importance-whatsoeve- In Boston Fund Broad Street Inv." Bullock Fund Can Gen Fd 1954 Canadian Fund Ine Can Inti Growth Chemical Fund Comwlth Invest Diversified Gr Stk Fd Diversified Invest Dividend Shares Dreyfus Fund Eaton A Howard Bal. Eaton A Howard Stk Fidelity Cap Fidelity Fund Pnd Ind Fund Fid Trend Fd. Founders Mtl Fundamental Inv Group Com Stock Fd Instlt Found Fd Instit Growth Fd Investor Mutual Inc do Stock do Selective do Variable Pay do Group Canad. Ltd. Keystone C do do 11 Tuesdays Quotation Bid 838 A B 1,305 591 471 243 Tuesdays Quotations Over the Counter j Tuesdays Quotations Aberdeen Affiliated Fund Am Busintse Atomfd Phy. Scl Fd. . Co. Mem bet of the New York Stock Exchange Hourly Volume Indus. Rails 11 m. 780,000 710 55 146 03 Number of securities traded Noon 1.560.000 710 76 147 72 Advances 1 P m, 2.070.000 710 59 147 69 Declines 2 pm. 2.450.000 709.50 147 66 Unchanged 3 pm. 2.990.000 New high Total 3,600.000, 707.64 147 42 New lows Law Hifh Close Cha. Opw 30 Industrial! 710 39 714 96 703 88 707 64 -- 1.34 40 bonds 20 rails 147 63 146 87 146 86 147.42 J7 10 hiah grade rails 1$ Utilities 124.56 125 41 123.47 124 30 - .13 10 second grade rails 65 composites 241 17 242 84 239.17 240 45 .07 10 public utilities Commodity futures Index 148 96 10 Industrials .34 By Robert W. Bemick Tribune Business Editor Dr. G F. Fogartyr senior vice president of Texas Gulf Sulphur Co., Tuesday thanked the people of Utah for their support of his firms investment In potash at Cane Creek, Grand County. He skid at a meeting of the Salt Lake Rotary Club at, Hotel Utah Tuesday noon that Texas Gulf was pioneering" its big diversification 'Unto potash in Utah which has a 1,iwonderful pioneer tradition," Mr. Fogarty said that for most I part the entire project was on sched-ule or ahead of schedule and that of potash will commence I later this year. Ultimately, the firm will produce annually 1,800,000 tons of muriate of potash. And the venture is engineered for this production. the-proj- ect Tuesdays Quotations Mutual Funds - Tuesdays Quotations Furnished w J A Hole A - r American Stock Exchange ' Dow Jones Averages Texas Gulf Leader Hails Utahs Help 23 Elgin V 1 iio.iuti 'P. O. The Only Box 270, Saif Lake City 10, Utah Prepaid Health Care Plan Sponsored HUnter by the Doctors and Hospitals of Utah |
