Show - r 610000sisla - ' Up and Down the Street In the 'light of the iogr and prier structure of this country it would appear that t!cm donor is in relation to other currencies This is reflected by the disparity in Kier level lwought about by our high wage scale tvithout resulting in higher productivity and our interna! inflation brought about through continued gover:mcnt budget deficits and unsound fiscal policies If this condition persists the United States cannot continue as the reserve currency country and be world banker Some of the necessary corrective steps for these conditions are: increased productivity and lower prices through a stable wage policy greatly reduced foreign economic aid and foreign military expenditures a curb on foreign investments by US industry Some of the alternatives would be devaluation of the dollar embargo on gold adoption of quotas and exWe are still change control confronted with the problem of This public budgetary deficit must be OrereOnle by eliminating unnecessary and extravagant public programs" rate to five percent can at best be termed stopgap measures and not a cure he said Stronger action — both fiscal as well as monetary — is required These are excerpts from the nual report of George S Eccles president and Marriner S Eccles chairman of the board First Security Corp Back in Salt Lake City Tuesday the peripatetic George S Eccles would be hard put to alter any of the apprehensions and recommendations of six years 1961 an- I ago Indeed Tuesday he could commend more of the same but in a stronger dose Congressional action on gold and the Federal Reserve hike of the discount I itiitr-Tf- :LI -- "I':- Mr Woody Bid EmoMines lEurElull EurLitlyCns LOG EurStand 25 Golconda 150 GoldCnn 145 823 262'i GrndDed Gri West 800 850 115 MO Harr Sit 24 23 Kenn Cons 19 18 KFysiMgn 20 25 Mammoth 23 22 New Park 23 New Quincy 21 17i7 NoLily 16it 60 50 PrkCitvCns 300 250 PrkPrem 47 45 PrinceCns 80 75 RicoArg SALES Banner 3L0 at 7500 Bristol 2000 at 250 1000 at 26c Bull Mon 2000 at 9!c Champion 1500 at 145 Chief Pfd 200 at 825 Clavtort 200 at 115 Cob Con ' 500 at 24c Comb Met 18 000 at 190 Cons Eur LOCO at 230 Crescent 5500 at 22c Croft 5000 at 17c Oregon 500 at 45c 7500 Ban Min BrisS1 BullExplor BullMon Cardiff Champ Sil (WO:ins ChfCnsPfd CiaySil Colo Cons Comb Met ComeCoal ConsEur CresEg011 Croft Oil CrnPoint Com Tunnel DradonCrts East Utah 28 15 25 13 90 24 - Bid Asked 8000 Over the Counter - Asked 38 18 36 95 18871'7 52117 35 18 52112 39 19 - - RysnCin Sage Oil SioxMines 105 SoStard 193717 Stand Met 60 Stand Oil 39 TinticLd 20 7inticStand 39 55 35 50 75 1000 925 1150 975 37 20 34 13 15 35 ILItehPILL 15 12CM1 775 20 850 1112117 27 1400 75 170 575 2900 1500 65 iVitnStates 1500 185 612112 3010 ITO° 70 East Utah 1000 at 7212c 2000 at 1000 at 77120 Empire 500 at 28C Eur Bull 2000 at 18C Eur Lilly 500 at 370 Eur Stand 100 at 100 Great West 2000 at 18c Horn 2000 at 55c 1000 at 50c 500 at 75C 570 Kennebec 1000 at 370 ' Keystone 500 at Sac Mtn Steles 10000 at 6712c 800 at 70c 7250 at 6712C Park City Con 2000 at 34c 1000 at 350 Securities Uch nned 2:Q 24 B 7 1 34- isc yeearJaurly ) i) 2 '1'5 6 :—1 M A A F 50 96 90 120 Home 190 Amer Molor 2 AmNGas Amer Pnoto Am Smelt 3 Am otand I A Sugar 160 AmT&T 240 Am Tob 180 ailt ogalit Am 'Imo Amee is 31 70 I cash position of the US Treasury compered 1 March 14 124 29 71 16 641 72 32 713A 31 2 20' 29'2 491 492 314 22'2 31 4I'm 2955 594 35 162 31 30 493 31 1o arspt 103 512 434 4214 36 34'4 1967 33347327881059 11105918'6443 3734 170 2941 WI 471 :0 3834 15 12 1921 47 39 533 67' 4J3 2 1104 5 Ws 70 6 26'4 ITO 5 115 185 I 221 25 5315 41 1771 C 1 80 — a2 ar 30 281 20 17 4112 321 13 82 59 52' 3731 2651 7 61 14i 42 120 39 6 42 80 3 29 27 38 24 46 33'4 5611 21' 435 19'2 443 1512 5" 67e 391 64 2 324 7 6 113 1 18'4 346 558 43 2541 Si — FMC — 21 Frcept Is Fruehut 15 28 42' 35 6 4— ) 25 lei'1 iv 54 25 3398 4544 35 1339 7374'11 2515''11 334 51 33 50 e3 50'8 334 — iii 3'4 15 — 1339-1- 37 274 27'9 27'6— '4 e20P4 4019'1 410944— 114 Mur0C0 120 33'5 20 3434 AIL4 34 494 475 477— 3239 534o 63 63 2734 57 28' 389 194 311 474 261 334 434 3P4 52'7 277 38 2735 1834 375 17 46 17 6718 676 4834 2434 49 678 - 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C R A 171 3 'Ralston 60 Ravelta 60 Vit 13 RaYonir 140 35'6 80 Raython i '11 -2C96Reading Co 109'6--Rep St' 216 Vs Revlon 1011 14 276 Pexall 30g 4716— 46 Rey Met 90 11346-1ReyTob 220 RiegeiPap RoanST 98b 42 S8111-- 186 916 4— s' IttRobortshw I 8 103 s 40 82 26 173 79 102 26 RoYalDu 30ss 2214 64' 2 411'4 (7"4- 263:1 I24'1 10g II 52 141 )01 -- IIC 24s 404 in 25 78'4 28 401 43 t 2— MA — In — Mt 78i I vst 27 401- 2- ‘4 18 9'11 18'1— 24'4 4 43- 4- '4 10 14 14 tit 7616— 76 14 76 304 301s 43 4 2t°S— 43ts— 16 Its 44 l bt 77 1 5:11i We o AdA A"A"7? 20'54- 31i :6 1v a 58 52 '1— 3 t 8 a— 625e 13111 134 3414 4015 2113 5244 34 4611 3X10 29 33P 28' 4115 411A O2 42'11 25 2514— 46e— t4 20s— 38 514 631' IL?' 4 261t - e14-- 114 - 21- 104311004i 100-- - 23'4 2214 22 a 2311 27"8-- - 34'1 344 3"1— liv4 19's 45 167 36's 214 46i 8 I xi ''4 12D's 1733s t 9011 934—P1 IP la — 49111 49 44s 4416— 4s 1641 16's— lAtv 36'4 26'4— 34 4 i 0 5234 55 tla I 45st 4534 143s 15 4 91 OS h 21 2 741 73 26 8 '02 25'2 2534 123 1 't 56 15 37't 37'1 37w 28'4 2731 The— 86 85'4 294 85'4-- 4114 213s 4134— 41 2114 3011 14 4 29'2— o 476 I 411i 214 50 95 56 110 )9 12 41 31 64 4534 691a 434 125 59 83 88 1 111 4 484 754 80 3 44 207 41 55 834 6734 70 46 2371 5941 3'34 88 62 'r4— 554 55 38' 63 45 6834 42 11 474 74 8 624 69 414Mo 2:31 5834 3534 5434 - - 64 45 6914 42 — 1114 474— 34 75 I 6214— 31 34 69 4474— t4 1 23 3514 34 54'6 424 421'4 27 142 2'34 42's 212— 65 - 2834 2514 42 28 59 374 2434 5634 7 68 12 8 155 38's 37 42 2214 41 28 1llt 383 h 3312— 14 4214— 2814— 23'4 244 34 14 5534 3814 234- -1 24'4— 34 5(34— 34 3834- -1 381" 36311- -- AI 41 27 4131 26 3234 22 31111- 32 334 1055 3234 4214 643 31 ill 88 176 38'1 38 19 11 47 121 1931 19 51 47142 5ll4 1" 7212 34 11 4134--- 4 264-1- 34 37sr 42t -- ij 173'41 6334 7'0 —fr" 6334 38 1916- -- 47341'14 46 2934 2234 301 29 — 2234— 144 51 14 2364 241 3211 451 23614-4- 3134 4414 71f 3134— 4534 34r 'V' Markets in Brief al at it rej NEW YORK CAP) — Markets a' ginnce Stocks — Lower slow trading Cotton — Lower or 4 4 Chicago 4 Wheat — Lower urder tlouldation Corn — Irreg-l- ar lioht trade Oats — Irregular with corn Soybeans — Mixod light lictuidatlOn8 Butcher hogs — Steady to 25 hgivrt recent 4 COO: too 7000 Slaughter steers — Steady receipts 1200 top 2735 -- K 66 17 43 3911 13 20 2514 25 20 19' 39 15 53 201 WI WI 39'3 t'2 3A'1- -23 19'e— 317s 31 31 39'4 39'4 38's 39 52" 3— D '4 14 111' 4- - The Men from Merrill Lynch invite experienced investors to a special course Here's a course especially designed for the seasoned investor who has a basic knowledge of the stock market and who wants to expand his understanding At this forum you'll discover more about some of the fine points of investing We'll explore some of the more popular market techniques used by investors You'll hear our interpretation of recent market action and the business outlook for 1968 You'll get our help in evaluating and improving your own present and future investment program And you'll find out which stocks appear attractive today to our Research Department for various investment objectives If you want to learn more about the stock market come to our: Seasoned Investor's Course oil three consecutive Wednesdays March 27 April 3 and 10 (you attend all three) right here in the office starting at 7:30 PM sharp Reserve your seats today Just call or return the coupon below seats for your Seasoned Investor's course begilning Wednesday March 27 resewe Please Name Addresc City Zip State & Phone LiV-L- L MERRILL LYNCH PIERCE ELD FENNER C SMITH INC KENNECOTT ()en (A--4 a Ak A111w 4 &&M 4&& SALT LAKE CITY 84111 BUILDING Telephwiet Sattidat la 328-461- Pl 1 for )ur cuieure umsoloommounumunumucourenculaimmincounionomm AIL 144tA4 4-- 4 c4 145 I s 594— l4 3 12 I '14 E34 58st 15 29 4 stil 60)4 3911 4214 2'6 4 4io 3914 43 346 34'7 US— 26' 5216 i 40 3a YoloSI 180 Zeles 27'1 10 44 Iv :0 58'4 6'1'2 ''a WX:ro: 34 — 2V15 5534 !am orh 114 19't 112 13 6 I RehmH 't 60 Rohr C P 80 44'4— Avi 194n 45 I) 33 Wash A 120 WVaPP 150 WsAirLine INBanc 120 Vveli43B" 181 West El I'M Weeerh 140 Wheel Steel Whitt' 160 White Mot 2 Winn De 112 83:— 83:11"4 T 32ro— '‘'1 35131 13 k's - la - 'it" 19's 90 Walgren 212:032 3031154: 7:t 11'4 2113a 47 '4 a— 28 4 14— 13 195n 45 J8'4 375 o Warr2 opi 2734 4534 225 Victo-C- - 5425i- 28's 46'4 '4 An— 2014 52 14 se — 24 81 74 202 172 3'33 14 38 3 72 6114— 18 241-- 7014 3:' U 62831e 4812 5514 120 30"s— 25 31- 5- st 413-- 60 33e 33 77 44'n 33'4 7634 70 4:Ais 3214 87 14 1 34 14 14 35 $8'4 71 107 W R - 34P4 16 7214 23ecl 23thCnFox 32k Vo 7 19'e1- - 'II 878- -1 1 192 20 !TriCon 14 58 34 I t' P - 59's 2:3- 4413- 4211- 459'- 5- :" ma he 4 26 88s 87's 14 N Ke(y) (Joni c7sh 261 14780 2a ZIONS SAVINGS AND LOAN ASSN Livestock Market 6 9 - 34 14 '4 2311 to 4TrntwridArt "12 "12 638 Ws— 1 2114 35 22 160 69 17 28 80 tlTrraanssitrnron 42'8 39'''' 213a 516 165 167 Tx 61 38' sse r: 60 Texinstr 1" 44124-- 42 11 ct Wool 5Iarket MOROI VENT? 39'' 396 Jo siFPainperAmA 25 '5° 42311 411 108 ' 31 Teled9ne Tennec 28 2 80 Texsco TexETr 120 TxCaT 142 'Tex GItS 40 UnCarbide 2 Un Elec 120 '1' 93''' 5° ' UnOCal 1 40 — 51 51 12 '2 " Un Pacific' 2 zcss 29i Tank 2"2 634 691'4 12 lin Unirosl 1 20 56 6 56 56 Aircr 160 UnAirLine UnCorp 6041 1511 36ss 3512 3574— 114 UnFruit 140 86 42s 404 034-1- 14 !utdr-a170 99 264 2514 2514— utdPkCM 41 — 17 2212 ?? 22 Uni:d Shoe 3 1914 191'4 se us Gvglig 3 63 3414 311 342— 54 US Indus 70 26 23 221-1- 22 14 120 uSPice 18 2E14 2712 2712— 14 p 120 zenri 24 40111 4314 !US Pia 80d 95 30 2912 2951 !USPCP 112 26 61 604 6014— USSmIt 50e 74 45 4414 441!4 USS:Pel 240 Tob 180 -p- -11)4111111 35 33 160 32si 32Ve— 14 Upichn 57 26a's 26's 2614— 14 Utahn 164 132 15's 15as 15'14- x24 22's 2212 22's &I' 33 231a 23 ASSO Kati 31 Varian 205 2014 20 201— I4 VendoCo 60 2395'2 3 — 1'3 — a — 1'4 '' 61 81 Bo 22 oa148:: 186 2J 414 73 591 PLT 4d 14 -- -' Textitil 160 3 47 42'2 42 Textron 104 35'7 35 37— 's Thiokol 2Cd 4° 31 '1 37 ll "Iimen 180 89 26 25's 254- -1 80 49 — 14 TraneCn 45 45's 45 '1 251 36 23 "' '' u23 — '1 97 33 21'6 31 22 42'1 31 36 59 14 12 31 42'4 6a -- 614 574 5714 75 764 185 140 120 SswunifOtclo 301 62'4 4534 235a 73 149 1"2 80 26'4— as 11214—lat 22s 24 34 45'' 44'' 65 20 lil la Cash Grain 2'4 55 22 - s1 22 le 27 5 a " 31 LO - 351 Cash Na'0Lns 349134 1188 11438 4246 CHICAGO (UPI) — Produce: 251 37'5 365 IO 27 119 Asked Bid i 10 3165 316 Roosters soecial fed Poultry: Close Preti Open High Low 05 6134 58 'A 59- -2 65 45'8 444 white rock fryers 1400 1450 A thertsons mc WHEAT 51' 20 52 16°20 21 4315 42' 10200 10300 Cheese: 5 lb processed loaf 1812-5ArnalSugarBondS Mar QuotatiOni 14711 Lau 14776 146 46' 1472 Tuesday's AVI i6 129 8217 30 M K 23 30'7 30 600 550 I AmencanSavLoan brick 50M5 Muenster Ched- 1505s 1501 149114 153 May 23' 4 3:31 1504 3S36 5 -: Cudahy Cs 750 650 19040 National Assoó Americar Western 4912533k :11 153V4 151411 15231 152k drs: single daisies New York (UPII KKOrrsoer 153 Hy 298 29e4ii 920"281 813y- 4-1 longhorns Crispub SA 82E2 143712 13 8712 ArdenMavtair Inc 40 lb blocks SWi5S: ation of Securities Dealers 1562 15634 15511 15556 156 26 — 14 Sep 2614 26 1 62 t 21 226 228— '8 Kroger 130 1903 1850 ArdonautInc (WheeiS): Too few to report Swiss: Curliss Wr A:ked Dec 162 1624t 16034 16 P4 I B d Asked SI 5334 5244 53 1623 1575 49 (80-1Az lecOil&Gas lb bock): Grade A Grade Cyprus 140 CORN 313 94vesT Gacup Aberdn 286 13 1175 lie 1125 BeneticiaISIdLite Grade C 5457 74 1088 1182 Mar 35'1 34114 3414 1185 1187o 1181 118'i 1 796 874 Mut Aov Fd LearSig 80 425 375 B onnevilleSylvan 12 124 39 12'1 2032 2208 May 14 2234 224 2235 60 121i 12ra 1211s1 Wholesale prices as reported by the DanRiv 12n 618 885 Stock Attil Fd 64 LehPCin 1673 1615 14 Brown ingA-m- s i VI 1011 1 253-941 12'1 1254's 156 12571 Mercantile Select 125'4 220 Val 1251 Chicago 25 123 4334 Ind Exchange: 113 DanaCp All 4338— Jiy Am cil‘ le Leh 19 25 2000 BrunswidDrue 12134 1277s 1224 127341 12741 115 201 2014 2014 Butler: Steady 93 score 66 92 score Dayco I60 3 42 far Pay e 04 1374 Sep 338 366 1060 11'2 42 37 Lehm 36 50 3750 ' Am Bus CommercialSnearina 99 score 6114 30 6718 4614 4616— 1934 Dec 128411 128 x1770 128"2 1213is 66 90 score 60-Res DaYPLt Inv 10 carlots: 1179 1284 140 GI 280 1079 28'7 288 LOF 19 Div Am 287 475 550 — 14 16 ComputerSystemslinits 1499 1638 Mar 13251 132 22 161N 16 132'4 I3214 13212 90 score 654 89 sco-- e Deerr&Co 2 103 481 47'9 Am Grth 742 807 lvest 47— sas Lbby Mc 3k 1700 1600 Contioeetal Bank 6 OATS 731 7214 7211— 14 Eggs: Mixed White large extras 31 Del&Hd 160 37 10 3745 37'v— 34 LiggetIMy 5 3329 3329 KEYSTONE Am Inv 2r0 225 D eihrrevlorOil —3 102 - DelMon 100 stenmixed 2107 30 83 244 extras 103't 26 8234 Mar 83 82 2200 mediums 82v2 AM Inv large 1021 110 37 28'2 934 Mut PS 28' it— 711 LingTm 123 113712 11137112 DenverReal Estate 634 6314— 14 773 78 330 63 7764 7811 2224 2426 MY 7717 dards 2512 checks 17'1 Dennson 60 Med 84 52'8 51 AXE 52'811v LitIon 27k 2130 2050 EoultvOil 42 42'4 478 POTATOES Total 733-US 174 436 963 883 7434 7446 shipments 714 Inc 34 1739 Ji u 23 220 1734 HOUGHTON: DenyrRG 1739 tv Lockhd 3000 3100 F irstSecCorp track 164 new DetEdis 140 273 531 5114 51 —214 7311 72s6 774 7234 old and new Arrivals 59 734 33 264 26 Axe H A 761 627 G:h 1(2 614 670 Sep 261 lis 1oewsT led 650 F irstSec Inv 600 new light demand Diana S 2(4 35 181 1714 16'4 '4 7574 76 7634 7616 7578 9 sepolies moderate 18 IP 7 1114 1119— '8 LoneSCem Hgr I 2097 2288 Dec Axe H B 995 1082 700 F ron tier Ref in Ina 625 s:ow for russets moderfor round fl — reds 118 271 22 919 1003 Diebold 809 RYE 22 2631 25 26 Axe H St 713 77? App lv LoneSD 112 9300 9300 E root ier Rste69 ate new slow market on russets dull DiaShm 140 11 471 11714 617 706 11735 Mar 117 11834 1173 118 2 7 LPr 2173 1999 29' Sci 283i Lorilird 08 Axe 284— 2850 2630 Gar rettFreight 1 7 new round about reds dull 15 3 52 75'4 steady 1211 1434 4 Intl DinersCl 50 3633 383 1211 1201 120'4 1201 Blue Rid 1248 1364 May 383— 14 Lou Nash 4 550 475 HydroFlameCord Track sales (US IA unless otherwise Distill Sea I 2714114 870 28'4 27 12334 973 1063 Jty 11214 11 122 37 123 3649 1224 noted: 846 925 Lexing 530 Bost Fd 500 IdealNat Iona! 36— la LTVElecSti 1 Minnesota-Nort3012- -1 Dakota 30 round reds 313 11 1431 1563 12451 Lex Res 1204 18 124 124 Dimodiol 1314 42so 42'19— 18 Lukens Sep 1025 124 975 Broad St 1362 1472 Intermounta inGas new no soles Dow Ch 240 583 638 Dec 115 8V 1271 12811 127 14)-221284 128 1421 1558 Life Inv 79‘o 7c1A Bullock 1025 4 975 taneWoodfnc Street Sales: Market steady Idaho rus- Dresser 416 455 Life Stk SOYBEANS 791 75 19 l's 2024 864 Can Gen si itelasCoKy 4 3 50 234i8 :7 34 3fS Wisconsin russets 350 MaCY CO 90 SEC SER: Mar 270 A sets 3 2101 270'4 2691 220 475 826 905 NAT 425 Manna nvestment Cap Inc DDou8pept 112od Minnesota-Nort-25's 26 — 54 26' Dakota russets 340-35F 3 06d 1091 1192 may alan 274'7 2747 2737 2707 2741 M 153 aw Mod 9700 9200 1511 1513 614 6 72 Cap Life Magna nvest 643 6141 62'4— 14 2 17 3 00 62' new reds round market 31'3 steady bond DuctheL 590 645 Jty 2773a 2774 276 34 277 166 59 29t 277'1 Florida rotrd reds 265-211 Magma 881 963 5350 3500 Cent Shr MemorevCord 18E 42's 43's Cisa— 'a 511 '58 Aug Divid 277'4 27744 2704 217'4 2771 1925 184 1875 CHANNING MorrisonKnudsed 'MMaarg '—'E--- 1' 42' 2 II17 4112— 95 On'ons: Arivals 13 track 29 SUPPlieS 2 711 755 825 Sep Pt Stk 27134 27131 27044 21134 N at Amer L if e 400 350 FLINGS: liberal demand market 31 33s 3Fa moderate best 50 East Air 587 642 Nov Incom 2 6911 2 691 2 6831 2693-275 1233 1346 225 12 NatISecuri'as Balan 26701 firm Others about steady 5914 10 59'4 EastS51 90 a 72 9 !3 Jan 2 72't 2734 27244 2734 82" Stock 1100 1050 NatlWesternLite 186 203 Corn St 1S3s 1812 Track Yellow Idaho 85 sales: 18's Spanish EKodk 161a 1122 1234 Jan 1050 'I'M' 1000 888 816 8889 819 B tune 625 Colorado 16 NorthwestNatGas 1608 1757 Grwth 52 15' 4 15'1 yellow Spanish large Eaton Y 48 2 00 250 Oil Incorporated 787 8 oo Incom 37 650 354 194 90 7013 2250 i soci 7741 2200 PioneerNatGas 295 3 22 vetch Street SAIPS: Market firm vellow Span- 2 252 25'4 2s— 1082 MOO 11701 1150 PubcoPetroleum 1814 1687 Chem Fd P4rten lish large Washing-!Io53' 2 512 5241 1057 6:712 68713 Citadel RobinsInds 290 317 'M2Nf-14mediums 6)5: while 371s 36'1 37 — 411 26 16 00 12 89 Rogers Bros 1271 Ed 575 midwest IIIinosIndina 1 Michigan 14401 574 Eo-7111 Gco 1860 SaltLakeHardwart NEW YORK (AP) — Wool futures were yellow cliche mediANNUAL REPORT 1065 1165 750 Equity 300 Sea Ic rattCord INSTITUTIONS COMMONWLIN In slow dealings 75 Woo' ums 4 New Mexico Woe Tuesday 17 66 lower TO THE COMMISSIONER OF FINANCIAL 1140 Grill 600 500 SentinelSecurits FUNDS: were 77S futures to white lOp latoe quiet According STATE OF UTAH 73 956 Inc 700 750 Southwest Research Csvih In 977 1067 firm in brokers OF the Aus prices prevailed REPORT OF CONDITION 721 7 91 Inv 6 00 5 50 StwetvLite Dive- - Gr 1349 1416 St 4600 4675 trelien wool auctions 10 00 70 SO lexota0i1 Divid SO 359 394 StatO Wool futures closed cent 3 to 1 of ROE FOS STEIN 18'00 46 50 TracorCord 751 617 !Dow Th S'ein R 19 65 19 66 !ewer at the close of Of Utah 5400 TracvCoilins Bank 56400 1339 1461 Dreyfus ot Sit Leiko CIy County Of Salt Lake State SleIn In 14 0 14 63 tJ tahConcreteP use Oct Dec 120 S11 Mar 121313 December 31 1967 Eatn Bal 1065 1178 Stein business St 13 ''6 13 06 Mir12i-5-CHICAC0 CAP) — wheo NO 2 hard 317122702 72n0 7350 litahConstruction ASSETS Ehtn Slk 11 64 1617 15i0N No 2 soft red 1148N Corn No 38 00 S 104531515 3602 ra hHomeR Ire Ins Certificated wool soot 117 ON Wool tops '2 yellow 120 No 3 Fid Cap 1238 13 818 UNITED FUNDS:No 4 Cacti On hand and in banks yellow 11A-I70671713 1651 1750 Va Benk&Trust S 70611713 futures closed quiet No sales F iff Fund 16 94 1031 U S Government 09 5 No obligations No Oats 29 Accu '0912 00 yellow yellow 1150 79 Va INatBank 18108318 s F id Trrld 2724 29 61 reduction I 2 12 direct Ion 14 26 1625N No 80N 13 CertificMed spot wool tops First mortnane Oxon heavy white Seybeans yellow 26 50 2701 59 2070975031 itroCord 2601431 FINP5ICIAL 8 52 931 270N Soybeal oil 8'sN Wen FHA Title I loms and home improvement lonns 30 00 29 50 WaikerBank&Itust of this PROGRAMS: tin F Cm 607 6 63 Loans secured by shares or investment cortficates 1600 ZCMi Ilfx) 207474 64 5 58 6 1 3 VALUE LINE FDS: PVT Association 16C0 1700 ZionFirstNatl 14180 00 14180000 SO 550 25 91 'flu 8 contract on Lne Val sold 9 Real estate 87191 937t ZionsUtahBanCorp 05 26041 5 67 730 to 73 Inc redemption Val Inc 614 6 Real estate owned and real estate subied 211 rrA 00 GROUP SEC: 7 94 870 VM Sol Local Mutual Funds Stock in Federal Home Loan Rank 88 838 44 236 ID 54 964 $10618 65 Don't 4 Less 424 — - Anrosp 824744732 Vannrd Office building 79454 87 76 49292 Cl 25594779 Less Dep'r FletchorFtmd 158 1172'64 11511 111317 Furniture and f ixtures 11 l'IFIji 4"93 20102gSI Founders Mutual Deferred charges 7 '0 4160 15 Ham Oda 515 563 Wm? Ind 7 69 840 6 96 IndustryFundAmer ' Inc Rm? Other assets IS Wndsor 746 6 82 1734 78 1766 19 20 622 luontvisedinvGrowth Leasehold improvements ---- -$2386248454 TOTAL ASSETS LIABILITIES Onpledged Withdrawable Shares: Svb Total Heme Office Branches $111443767 $1202132744 81313s961 31 ()GLEN 18'ollSOA1 — Moos 170 bar butchers steady In 50 lower mostly 35 A—Optional shares 745682475 2 107 753 lower rather slow 662703742 shinners took 3000 row chits wfmk 75 lower No 83478713 certificates B—Invectment No $2c S02 706 M 190 240 !b butchers 19 00 individual 217 lb 19 20 It 18 around Total Savings and Investment Share Accounts 151 no no -lb 240 766 lb 200 hedd 205 720 lb 2000 Nis lb 18 331820 13 Advances from Federal Home Loan Bank 2i 8 97 37 25 23 250211) 17 501825 sows not tested in recent 10519 2 mostly 10 in 10Pn process ()tie trirrowers on 1800-187to sows lb Ni' 13 96968 75 Mir strong steady wrolis for orice comparson ACIVAnCP payments by borrowers for taxes and insurance lb ly er1ive 3 67' 48 00 lb Sows 17 ainno lb 1335 1450 No 2 3 mortgage or contract payments 16 S017 25 lb lb 36 961 J8 1121160 O'her liabilities 00 hsars 150-1Sheen AO No test anv class few mined 15 93162530 stock or reserve Permanent guaranty Cattle LOCO calves none mostly lacoled sieugtrer feeder lambs trading on Defe-re- d Credits to Futttro nnorAtiong 109110 lb siatignier strers mooerately &Awe steutv class ceolce slaughter r9 i 171139 7 A—For unearned volit on teal estate sold active steady In 24 5025 no few small Itss wooled seeder helers moleralely 96 314 10 19—For inCOnle collected in advance lb 23 strosq ccws active tuhy steadY bulls lambs chGica Si 373501 90 326943 LO2MS On Discount HIP C—Unearned choice sr arta lb stoody --4 1 Soecific Reserves -4Idaho Feedlot and Range Sales sieughter slcers vie12 grade 2 to 4 52 2180 52 2188 --interest uncollected A—For mixed and choine -: good Direct tradong Over werhend very slow 2700 2775 standard and General Reerves: good 25 002600 staitunter steers steady on turned test 770 917 69 72 50 reserve insured) lb 2500 insurance choice (if ""' A—Federml most feedlots very Kw good heoters not tested '1 365 493 ig 11fl 6 101 i7 2 to 4 P—Reserve for tvici debl ' current end bit of movement confined slaugster hefers yield grade 099 9? and choice mixed Reserve for bonus on shares gond voluroe insuffi- 26 to previous purchases 151 C15 39 50 -2525 standard and -Undivided profits or surolus cient to test prices on feeder Cattle or 25 252600 good 24SO commerand 220024 low en utility no new good lambs slattohler contracting s0 $238a2 4454 365 eveal high yield chl cows 1775-1steers '' ' kr141' TOTAL LIABILIT'ES sleuololer wool confirmed itig trlitik 19752000 canners and cutters cocotte 10J61236 lb moflo Total Number of Mortgage Loan Accounts bulls commercial 75 and 16 11A1 5018 1 utility lb 2400 slaughter HOisitin Total Number of Saying awl Investment Share Accounts 1050-240lb 25 502)15 t iseirrs 170 chooce Slate of Utah Courty of Salt Le—ss: '° "'' ee' Sheen 101 not anaddll of any class or all Iyiahr cIttr f c b feedlot 45 ne Clair H Evans being first duly sworn accordion to law deaDses and oF : "Ae rent shronk Immediate delivery: frtcler a test says that he is the Secre7acy Of the ebove named corporation and that the 7 b A00 choir Irving OM 40 cAtile inrenolon report contains a full true and correct statement et the cc dsteer calves short Yearlings 2727-3tton ot the card corporation at the close of buiiness on the 3Ist day of 251 den° lerdinto Ore:ion delivered December 190 2553 cnoice rtill lb stefors Dated this loth day of February 194 crolus 6'0 lb heifers 24 50 (—der Ore 1 SeCretarY CLAIR H EVANS — nonferrous Soot 1n NEW (AP) YOR( t 1525 ui e311 deiverfori basis ceI ! WEST: cents Tutrid-vx) Cm Per into heolnr co b weiohino pooet Nootio'n- re741 vices D F Stoker bort 4 per cent psu d CrinCicj VIfry Len 14 cents siPophe Char le T S Parsons NPW Ye Zinc 1312 cents a 2e3 chore prime 112 to 25 co lob feed- a en nd Rohr t H Jones esti d Emst St lop s Tin 146 round lot egoivefent 4 rinr MI? shrink Director N Silver 7 77 rcr Priv ounce Yc k Subscribed ohd sworn to before rre thl Itth tiro Ftbruary loaft CHICAGO (AP USDA) Wigt 4M00 Nmv York Otictsilver !75 00 nominal Per WYIHEL MAN5F!ELD Notary PuIVIC ta-- 1 Nrw Ycrk PaCH Commission My Wires MAY 25 1971 (4 t sI PriLe queood by producers ‘141 Stale of Utah Office of the Commissimer of Finaoriat Institutions W S Brinithait Commssioner of Financial Inctitutions On herehe of of the StAtPMeni Certify that the foregoing is a true aect corioct cr Tuesday's Quotations Condition of the aboveinamed corporation filed in 11ly Office on Feb eery — 3284931 — Licensee Chrysler Leasing Corp South 47 East 2nd 20 148 1149 7o9 BA10 Uthitt W S 8R1MHALL Commissoner MI OWEN 63198 Arne Dav Last Year Board of Trade: 114'l 112 3115 64 5734 11 421::: 26'4 6 23 '' 37354 Sn Y OX Siin416An 771 221 124 67 48 236974 17194 69a 80 S0 4234 85'4 22 3 Al 140 2134 43551 76 30 Naseist 210 19 47 270 4240e 121 55'4 220 Kaiser Al 1 Kan CS In 2 Kan GE 132 6718 19 KonPLI 112 KayserR 60 3( 49364 241 12 Kellogg 140 1158— 15 KelsY'el 130 37'7 '5 Kennecott 2 316'22 KerrMCGee 444— '8 K tide co 31s 434 48 KimbC1 220 379 4634— Airl NM NI 22851's intHarsi 180 Intrcolnc tp ming 40 inimpricpm 280 IntNicK 77'6 stöbkrAirth ' 2m -N- -- Ntomry NmDist 471: 8534—Ps 8 2o 2 29 163 z - 7n 7 2 ies9 324 14 170 Oil Mt MISITel 28 26 73958— 98 81 Mobil 8510 94 Moisan 160 MontWard Motero'a 97 '11'n's'B'6'mppe'r5T7i 46 35 4334 26 3 108 948 VI 75 GenrIRef Gen St) 120 Gen Tel 1422 28 27' a ()en Tire 80 5734 573 53 45 Denesc 160 5)45 lg — 14 L'aPacifc 43 43 2 Getty()) 720 431 2 Gillette 120 6814- -2 66'4 3 Glen Aloen 37 3 Global Mar 28'e 29 4584 43'4— a's Goodrh 240 135 GoodYr — 74 74 46 —125 GraceWF 46 n60 GrandU 29 291— 15 2612 221a "4 GranisY 130 38 38 15 GI A P 133a GiNPap 120 ppm )9 4612 46524 Vs GtNorRwy 3 Gt West Fin 5332 5330 Gr1Ws11 190 6414 622-2- 15 431 43'2— 12 iGreenGt 88 C0 iGreshd 13r e 132 ' 1 22as 221— 15 Grumman Gulf NO 260 244 241m Oil 260 Gulf 2634 2631— IA Gulf WS1 30 4 53 53 40 a's 40'2 17211 17211- -5 HammPa0 1 IHrtSh1Mrx 28 15'Hecanet 120 7814 4045 405518 HeirzCo 250 32 32 45 Hercule 110 'Hershy 50 50 —2 30 011 Hess 37 At 362 25' 2658111 HoubleinP 70 20 Hewitt 6014 61 I HiltnIills 144 14' 374 371s— 14 Hoff E lectn 80 555 555 12 Homestk 110 2114 21' — Honywi 811 1 Hoover 435 43 HousLtPw 1 18's 19"- --2 70 4441 4445 5 Howmet 15 a 15'4— I s a ll 4941 5° ' 1 12 IdahoP 67 67'2— '11 IdealBasiC 1 39'1 3914— 31 III Cenin 1'2 6214 621 111 Pwr 171 34 1 342t Imperial Cp "3 113 In g Rand 2 4 4111 42 4 2914— 9) 80 Gen Mills 85d GonMot GenPrec 80 G PubLI 156 81 4478 2849 86 17'r 11 171 2904 34 - 4239 103 S 1'-17 3011 1' Gam Sk 130 59'4111 GnAccp 140 ' 37 56 62 130 ISAtir 171a 17'4 232-- am 73968 194 120 140 548444 474— 405 37 1:517 910594 41 10 16 8 61 11 80 Cp FolFairS FordMI 15 4 11 33's 468 368 107 3b 02 44 74 ao Produce 41' 704 52 27 140 i 38 39 132 1'38 insit 54 4331 21 95 CaroiTel 68 Carrier (p - Case(J1) Co CaterTr 120 2 ICelanese ConSova 80 CerroC 160 CceFr Nil 58' 8 CcenipHacical14250d - 11 110 278 44 248 CamobiSp Cal°P1- - 40)5 41'2 t 6491i 25541 '— 1a GnAnilF 40 164— GDynamic 3 25 24 Gil E leo 2 60 26s 26"— 'a GIF cod 240 102 102' 2— 1a Gerrlinst 51 511 26' 50 9 23 ar 800 50b FOIrCl'or5 a 58 34' 16'a eactrM Fairo C it FairHir Fairmont 45 FarahM1 12 Ferro C it Firestn 2 —1 79 45 441 47'2 331 25 114 145 144 721i— 29 354 15 364 124 222— 40 62 48 M 145 MinnPL 110 MitPwrCo Mo Kan Tex -- 15 22'2 4P4 45'1 88 89 220 ICI7mSPI NEW YORK (UPI)—Selected stocks onthe American Stock Exchange Tuesday: CheseM 220 Sales(hds) High Low Ilest Chg Sales(hds) High Low Last Chg Chrntrn 50 Aeroiet 15 25 11 1712 i7'2 172— 3is Ches Ohio 4 HuskY0 IQ) 24s 24344 AildCon 44a 9 79 75 18s 1811 1834— 12 ChMSP&P 289 2834— 112 Kaiser led 1814 Am Pet 65b 13 186 25 7 18'6— 14 Kirgyind Chi NoWst 4 23'4 23 234 22 3634 3634 3f4 AricLaG 170 m 13 Chi Ri&Pac i 13 Lee Nat 18° isia Asso OlISG 128 22 1034 MohkA ratt 2 1034 1034 64 5'6 6 Chrysler BonzaArl 8 3Z34 24 1334 13 1a Molybdn Cp 1314 33 33 — lAs Cin Gas 130 91 BraLIPw 1 53 19 a 1911 CIT Fin 180 NatVideo 126 1234 1234 134— 2 11t9 8t9 8t9 BrilPet 08d 124 1014 tl New ParkM SY 2 34 Cities 966 10a 101 Chief Con M 17 12 1734 1734 VI 814 834 14 PacNwTel CleveEl LBO 17 IA 14'4 28 1934 144— 14 Pneum DYn Clary Corp 194 1934— 61 CoaCol 210 22 2266 2166 2134— 14 RytinCn Pet Comoutest 19 12 — 341 Colgate 110 12'4 12 16 Shattuck CniConecA 167 41 11 3834 3834 761 On 734 76— Collins R 80 Creole 260a 12 36 34 SignalOilA 3634 3641I 161 354 3334 3334— 34 ColintG 160 DaYMn 10b 190 234 20'4 2234114 C 8 S 10 2834 WI 2834 Skost)roCmn 140 Denisn 64 5234 51 1 2474 2434 2A 6 52141'4 SkgsDrgPre Col Gas 152 26 S634 :t51a 763414 SciiiirnDev DesrtPharm 61 16 15414 1554-1- 1a Com Cr 160 DiXiiYri CP 223 2934 2734 28'4 16 Sid Metal 51 19 634 661 634— 14 ComSly 120 8 5334 5314 5314— taa Statham Bcor Chem 14 Corn Ed 220 4 29 20 29 Ins 63 Eou Cp 05d 534 534 AO 534— 34 Syntex 92 5834 5634 5634-- 134 ComSat 5f1 — ti 242 514 5 78 6034 5861 5834-- 261 Fargo Oi s ConsEd 180 Talley In 3k Fed Resour 1134 438 114 101a 34 Technic° — 34 Cons Fd 134 22 20 2234 22 40 12 1534 1514 1534 Felmont Oil US Red 12d x10 6214 6034 60'4- -2 ConsNG 170 Foc1 Can 5 253 14734 14634 14634--212 11 LineCont 30 934 934 934— 14 ConsPw 192 11 1734 164 17 14 Utah' S Frontier Air 2 14 1334 la 60 I1 Contanr 140 34 WsNucir 3261 56 334 32 20 0 C A Corp 16 2861 2714 2734— 34 CntArt 23 Gen Battery 8'4 8'4 14 74 Cost Bk 130 84 4534 444 4514 ialeCorp 80 GreerH 12e 3 17 1634 17 — 14 Zapata 101 43 4234 4214— Offs f 115 88 80 44 81 50 with Burn:441's $58:44229137972061 American Stock Exchange Board of Trade sr 175 16 ) II 36 75 1BuIoYaW 19611 38 184 184 5212 515 4912 484 174 2 10 Bendix 140 Beth St1 160 Black D 105 70 Boeing BoioCsode Borden 120 Borg Wr Bost Ed 208 Bourns Inc 250 Braniff BrignS 240a Bristol My Br Shoe 130 Brunswk Cp 1BucYrsEire Budd Co 80 rage 3 14 38 II 36 66 Bab&W 136 BanoorP 60 Bath Indust Beat Fd 165 Beckml 12d Beech Air I Belco Pet March 20 1968 64376141154 103879005566J a 222— 344 '2 64 Co In CP B01184111 Section It 222 334 —B- -- Mines—Market—Finance Wednesday 62 Ampex Anacond 1'2 Armco St) 3 Armour 160 40 ArmsCk Ashl 01 120 Assol rens Assolnv I 40 Atchisn 160 A tiRich 310 Atlas Corp AvooCp 120 AvnetInc 50 3usinm 342 23' 1'3 ASSOC! CHICAGO (AP—Closing Mutual Funds Sss1nwentsriteDrug 615 AmCyan P !AmElec 152 AmExpt 10k 4634 13 796 126 52 124 71 67 118 35 25 59 551 2S Ixading — 42 441- 4- 14 185 RO - 42 4411 952 54- ' 2734— AI 31 66 36 81 17 9 S 11 2714 41 31 322 425 18 74 81 133 :Cd SCMCp Scott Papr Sbd Cs 220 Q COO 27)4 4114 168 3 Tuesday's Quotations Park Prem 1000 at lac 25c 20843 at 26c 40n0 Rystol 1000 at 28c 7500 at 29c 12500 13500 at 27c at Tuesday's Quotations at Xt 50 at 46212 300 at 48712 Sage reoreNASD from the are Quotations 3601 at 68712 12500 at 675 r orices as of aogrox 900Sundance tentative I at 650 510D at 700 160 at 66212 Imatel markets pm WO at 250 2500 at 27c 1500 Tintic Id change throughout the dav Prices do not at 284 500 at 260 250 at 230 include Marv markdown or lOn at 91212 I Tintic Stand Water 200 at 175 418 813 247 B 8(1 eo - edvAnces 210 219 — 8 WDeitposriatswIscs 30 Rads 84 74 09 85 COO S 2 March - i 7 -2' Balance '71 ks 92 30 40 17 2(111 (AP)-T- he wAsHINGTon corresponding date a year ago 28 912' 180 850 S Coo 51710- -s - 13112605729734 Total debt 35311137321007(x) DOid assets 1123298732470 68714 712ti (x) includes 826019535972 debt not subject to statutory limit 66212 650 150 Uteh12yoCns WaterWond iWhittington 200 22675 27 itjoiteciPkC jUtehCons 15 5:01 2:13671 9 00 20thCent 190 4f2 Indus CO 1078 ''-'- US Treastuw Asked 30 -s d Immediate settlement of the copper strike which would save a 100 million dollars monthly spent for import copper A holding of wage increases to a guideline set by gains in productivity A cutback in domestic spending of six to seven billion dollars The effect will be higher interest rates 'and tighter credit There may be some wage and price control There would be a slowing of the economy "This is recognition that we are in a war economy and cannot have all the guns and butter we want and still keep a sound economic and financial base" said Mr Eccles Mr Eccles said that he doubted that Bid Volume 2 3 1400 Sanders 'Sang El Sthn:ey 180 Scher g 120 Schlumb 12 Tuesday's Quotations It Copper Settlement I !Ire P payment problems Restraint on tourist travel that would keep 500 million dollars a year in this hemisphere A reigning-i- n of corporatc investment abroad saving ano:her billion dollars A restriction on bank credit saving another billion dollars Salt Lake Stock Exchange Tuesday's Quotations t1 CIPNgnAled traded in 10 s“re lots ard camel n toil DIVIDENDS: rai plus extra kb so tar les yea no Hourly declared or pa 11 A rn rerwar rate c payment on 8 ccumulai NON1 ed dvide ds scar td) paCI re) P cash plus stock annual rae (9 2 n m (NI captal d trbuton stpck OvdnO o per cent m stock pac1 Iat Year 'Tow rk1 per cent in fock x) ex d v dend (SI FRACTIONS incirates $0100ing 1rd figure is tract on in 32nds 0 41 - the groundwork for daling with the US balance of tr:1'-- tIioe fc ex ornItt(d LOO) St Rog 01 Qther lives: Passage of the percent surcharge income taxes On "which would lay l sales in hundreds tcLIPIci impera - il' Alt Cept In 22 1)o 'S1J3Id 280 Furnished G000bode & Member or the New York Stock Exchenele I 1 —S— !Smewy The congressional freeing of 25 per 210 62 $ :3 4 New ho 22 New lows e 10(01 219 41 39 ShdWrIdAir cent domestic gold cover and agreement 832 99 41e c0) 19)3 Sea Rre Low Close Volume H:ob EeavilleMpt by seven major countries to discontinue 75 842 35 40 Bonds 89 e3 8k2 99 —7 ID Sharon Sti 59 in — the free while 221 107 l 10 21k 64 25 219 GrAcle Rads (IC) dealing -0 gold market Stei131 230 10 2d G ede Rods 75 ('70 IN' 30 123 43 121 23 1:2 0 09 21 StrrIMIIS 'C'''' retaining gold in international trade bal49 theN 201 15 79 760 57 N? YYork la Pub c ufies et'Scokasson SZ'Itic‘geted "1'c omm47J Salc!ao 2 80 S I 13299- -0 10 Industrials 02 Fu:ures Indcx 140 -0 81 ances at $35 an ounce has kept the dollar SipperCo 1- Sm klin tied to the $:15 gold price 40 iS CaEd Sales(hds) High Low Close Chg !SouthCo 08 9 12 Stocks 22 Ten 29'1 And it protected other currencies tifli AbesCp 160 SoNotG 4I 3 38 AcrneMs g '2 3: Sou Pc 60 In the dollar at their particular parity Ad eS50 40 69 5t'S 57 — NEW YORK SAles 'AP CiOSng price and nOt chonde of the 10 most a c SIM) Ry 2 80 18 14 33 19' Aomral CP five stacks traded on the New York Stock Exchange Tuesday levels Sows!PS 64 Air Prd 8 38'1 a 3:" 33 2g 151 Iro Occr16nPet 105500 314- - 34 S7)arlan Ind 37 31 3C' l' 14 Sho00 ' 3C''4 ''' 61WF Iran 13110 15f-210 '8' ScerrR ttod "The confidence in the dollar must he AirRedc Moan A'u 112 23's 22') 22's— ' 1IC 100 Br In SpragElec 64' Control7)At im5 46 '7' McDoD '4' a 1C7 903 maintained Any d'valuation would of AllIlegCp S28 o00 '4'aunch SQuerD G'enA'd 70a 14 LAci 40 62' t2' 62— '3 siReoPao — 31 SchonleY 101600 squibEk p 13 course result in other countries following Al egPr 120 22'2 21s 21o — 79600 ti StEl r Os 140 93 90 And Ch 35'4 35 354 '5101Cal 2 70 suit The balance in world trade would AllicoiSt 140 46 33'24- - '2 3 37'2 S1631111 210 275 3'2'4 314 332 — ' 714 401 5 391 McGr 3914— Ene Lackw 78 7 be left where it is But it would not cor- Allis Chal180 51d NJ P5c1 26 674 66 20 Alcoa 25 ESB In 33 30 :11"4 26 75'4 26 i Mara 80a 32'41'4 Sde':Oh 21 59 4 70'1 78' 17 rect the psoblem There would be higher Amerada j 41'7 78's— MeAd C 36 10 414 90 354 35'4 cyo4Wire stdpkg A m An 14 26 47 E 60 251 25— Merck 794 28's 28a— 160 ihyl Cp prices and probably runaway inflation" 'A Brost 60 47 14 M G M 120 68 48'2 47 57 —111 Eversharp 146 14'2— 78 661 Ex Cell Am Can 23 40S 48AR 49 MidSoUt 82 514 29'6 2934- -1 120 said Mr Eccles 2S7 m m The discount rate hike was not enough R?tter 512 percent he said noting that the Fed's Chicago and New York still districts out for holding " tlakk14V-that level - Dow Jones Averages CLOSING QUOTATIONS price gold Local Interest stock auotations furnished and Co Inc DemoseyTegoier by there would ever be a return to a single Imperative Actions over-price- d I 01401"40140111v The New York Stock Exchange: Final Quotations Eccles Urges Stronger Fiscal Curbs By Rohert H Woody Tribune Business Ejtor kt141Lek 4 4 A A 4 4 |