| Show - -- f ' It 4 lir ' r 1 - '4 - - - e"vrio-- e ''rraurarrl ' i - 30 r - -THE SALT'LAKE ' t - f Nt — Thursday July 13 1950 1TRIBL-- - 1 Business News Page By United Press TRADE REPORTS HEMS ILUIKETS - Capital Need To Starting New Industry i Iitld-Deterren- the difficulties confronting small business in the United States and the current government attitude that most of these difficulties may be laid at the door of big business Striking disagreement with this attitude and theory is expressed by Peter F Drucker in his "How Big Is Too Big" in the current issue of Harperwit He says in part: But at this point in our arguments we uo bead-o- n into a very important fact: that in most cases the chief reason why it is bard for newcomers to get into in ! sr' ' ' r 4 411 1 irrt414' a tely ActivietriWing— Curb stocks lower higher L STOCK EXCHANGE IFIEDNIADAT NEW YORK STOCK MARKET '41 Ot OTATWM1 Illitt Lost I 1441 Chs 1941 111 1 15 - 1 A4LIDIr41 CPi SS6i 24 4i 2061 2041 2 311 211 2041 1014i- Air Rados Allartaity I dr 1142341 bol2 4isit 216( - 146 oo pt 4 2610 146 271 30461 641 I CltII 13 -- 13 207 214 Citsd - 16 30i 34 I 33 Atilol 46! 301 21161 30 Alas Chat los la 1006 164 44anis Ls Illodosedos duty 2 Furnished by J AL 110114 Co Relabel Now York liaaa Larbonso Low 1111 Close (Image lodustrtalge 20313 197 44 1904 Oft 359 Rails 3433 52 69 5337 Oft 34 36 63 3743 titans 3774 Off 13 43 storks 7127 70 02 7041 Ott L37 1 211 I 21 r - 111'i 1114' 241 12 36 94 I 2111 2544 Asti Ara am poical An Cat Ant Car191 Aut Ate Cyan& A m Duaal 2i 1410i r 211 49 a4ii I 3i 1041f 1014 1164g 11 36- 190 6si 934st-- 1 24 24 21 21161 5316 I 66 3714 311- - COMMOlittell 144173 US Load II 46r up kik I 4 a 40 a iir i I pt Loco mt 2ig 14i 44 461 53 311 14 661 $4 262 22461 1166 64 77 Ins To Am Voresol Ant 1414$66rI Lontta 541- Cp LAS 0 IP GI I Nc1t&L r 14 1 & lity1 IA64 Lockti 00 Atre1 Lotus Lori Loin at CIi Lorillard Us 4 N I 1tI 754- - 2 Ili Nark 44 14 334 334g 32U 1 Koons) 3061s 114 Noma CP 41 3511 30 1 N1111fus I Ul 1 134 '4 464 t111 4 6ili 301 Armco slit 2211 3614 34 1 341- - 1 46 Wash "AIi 14 Kanto 011- 11 1111 Vol 411 Ar m 41 C 71 41 Mat 14 91! 4616i- 46 Ili 46 Armin Ck i McOraw 1111 11 1111161- - 2 15i 53 113 A IX66011 I 2i IL Port 211 Wag T II 106g to0 6 41 IL 1 lb Ki IU 464 44 o61 44 40 All Cfl IV qmi Cul 144 74g 46 4 1 MAI AU Koos 461ag 47 66- - 1 45 C 2 ilti-1331111 Prig Aims kS 14 i 11 S 1111 414i Av:41114 2611 S ib 2161 10 41- - Is 1111no P4114 171 3i1 11 Ram 1 14 1 141 IC0011 10 Cog 0 10 241 Pail TO D 24i 551 54th 1 tVit 93o1 30 - 149 Nom kilo it Tex 1St 311 Itootricis F de std 44A ' 44 110114al AV 30 301 44i it 24 1L' f 1 264 I H 11siot 1016 21 2 At I 2r ketsust 111 266 Food 1141 36 pso etoolg 3711 260 korai 54 14 29 Java' Arsr1 12471 46 is p0roon 11(1t St 1 90 11 iN 1014 Kraig brovi 39 2 61161 triads 101 10 214 i4 1 Rta44 C-4 it umus Sort W O bort A ILSPi1 j 371 131 201 14 141 611 Stitnic Br Ca01 Picot Coaatiaa Li Cal & horl CarA4 C000d ' Cara P 3 111 "1lig 64 01'4P de 30 114 1 1- 10 13 i§ 3 Mot- 24 111 Sit to 131 loial zo lir 4 N4 111 11- 36611 as 31 14 20 s1 1341 5 is 19311 I 24 12 161 12 1 1'P011!11 '''!! 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Low tt 3: W: day the Nf 1- day 411 deral Thut $U 111 Paso I itwer Vpdi repo t what twee over In at reaci Line to Open— I Spe ' Ap the C eral July - A at 10!P 714 6 3214I 9 31 34 1- 1431I 1414- ?lit 2441 41' 41 1 3310111 40144 91 3 8 - 961- 2 101- - 2411 24 44- 146 4414 IS 14- 1sa440- 341!- - 21 17141 41k41 12 1 511 15140 to 5741 5511 iv :oil 3414! 3 ateil 54 lie 10 1I 51 I So bit 1- - - 414 1 111 Li 14 2 1 44 4 14 I 14 Li It et It Igl 114) Th Twin I 54 131 11 514 4 1 P twe u a A ' Ai S D R rs'ili 133Zit "41 10141 5141 lo: 531 52 20 2744 37 INA 544t 15' 33 20 as (21r 55 14' w Air Transomed 4 1044 534 5214 37 14 14 -'- 14 is 3311 11 st 141141 16 I 1411 14 InS IS 1144c cp I 1111 914t 241 ilbi 34 14141 1 414 1114- Tsront ' U4 8 & Pf 33 25141 24141 26141 ea CartPda 941 14121 42144 4114i- 343 2414i 2634 241444 174 Ot1 Cat' 14 67 tit 6514 151- CUs Poe 410 pt 52 5 52441 52 618 Utd Air L 15441 15141 151414- t81 61 104 do pt li SI 34 30141 21141 3014 cod dire we 26 10 Utd 26141 1441 Corp 1141 314- 465 3441 Utd Trult I 141 51 501Utd Gas CO 1161 1614 I 1514 16 ta & 24 23 23 tilt- Utd 0 Imp Um Par Tbl 23 1514 2 3141' 31 15tat 15 11141- do et 1 At! Vit ilt 21 211-- 1 US GYPS I 25 101 44 100 110041 US Ind ail 13 27 I 26 2614- I:4 11nott I 31! i6111 15 151- 8' 3T US P & 36 31 UR 1Plyir 1 254 35 2344 35 144 US Rubber! 421 4011 16 U6 6ntott 61 III 1414i 33 us 14444 4171 3114 32 32 414 1 14S4 144344444C do pi 26141 2614- 1CpI 17t 4' 24141 37 441 2131- !Vino4 01 24 364' 34Nai 35 - Tuna IT iz - 211 141 441 No 14 14 114 14 L 311 j Weiweth Ptak Warmer PP 14rard v oil 1 i 1 Ind Putt i 112111 0ssli 1 211 IL 7 1 IV 414' itil i 22 444 T1 - 7 71 34 West Union 84 281 4mot Air 1 27i 2531C Westing LI: 241! 301 i Wheel 811 491 me Mot Ili 19 44 Villas O 201 8 I I lallsoliAt 21 11sal W PS El P Woolworth 19 46 I Vi'ortAPARl' 271 17 Yottot SAT 15 1461 ?smith Rad 117 441 Lood Plat 12' 411 38 34 2710 44- 24 tei 24 36 21 14 141- 71 la -- - - 71 I 291 271 261 - 1114 14 14- 14- 4ts -- Kamer-Fraz- 411111 e high-goo- I 44 au 1 Grave Mtkeof mere He of veil soNs Prior he ses an ORS A fir 1'1reel ' Tex seas ir 30th II 1- IL 1 We do 1242rt Korean episode will not in our opinion usher in a Bear Market 3 International news developments may slow up the volume of shares traded but stocks can rally consi derably from recent kw levels - Busineas activity wiR be Ira y great over the balarce of the year S Bul - blend dividends will be inneased bT many concerns (Send for current 01ITLOOL which lists 129 companies that are expected to increase dividends) 7 111 0- 44 2 !r 14 14 141 14 11 S June employment rose to 614a000 second greatest total in the nation's history Asked r It 114 14 1 14 I -- - 20 - - -- i Phone WAWNEwRINATIMPORTM - IN a MitaireerAtaliUMAAkatke14---Wra3rZreALIAA--'LA-Itsf- 75 owl ghlo I see Srdnd awe I$ at 1 1 Ext 443 si eft Tsar 1 LOW-PRICE- - - - : STOCKS D 1 r LOOD1:17 1 I PDS VITAL STUDY OF STOCKS Inciediag 20 comoso ado Indio ems sews toad aidieviat awl $1 1"40 MI 117ttirrrobt:ZmesV '61 Ilt HI "101410 1 1110 " - 14' Address - Ow South State 3-15- - I Inet I 1 M the ACT NOW—SEND FOR SA RECOMMENDED STOCKS 57 ri StatisticanY in"I Iter-k-e are en of the public eptionally lord Ataking' owns stocks today than ever beloret They have been purchased largely for income and long-ter- m the cummt market is giving its may rewards to investors who know bow to select the right issues Right now this confidential hit of 64 Recommended Stocks should be in the hands of every investor who believes in the future of American Industry enterand the in sound common stocks prise growth potentials - FroshInd-Air- e I L 201- Stabs 1- Dots STANDARD & POOR'S CORPORATION mom awn 341 NONISO111 "treat New ems awn moo awn York tomme 143 ' r I b sod t 31 rt 1 ' " ''' Christ Paints r $1 64 IticomatEnn liner iy Pop Mir STOCIS Ward Immo f' n tewhiud WW3 Is STAMM& Sots 1840 0000 noll b 91200 & POTS - 64 10001 & 1001011 0010 1000 10101 Iptore &oo coot WIMPS 0010 & run ¶ aimed om 00000 11000 Pes0 Oa 090 00101 44 0000 4000 00000 Is pool& we bergs yew uselebysioo tidies in die melee poky is advise y ease U pets el de tied la de 111191 1111MOned ipartkolle bawds er pia 1 melee es etas te seld le yew esib biedesnim gad Web mewities tio bey I yes ear Meths °peon dIM indledist seem yee low yes by se ye weed el damps seetel seiseies polosi I edwees essesee pielerved good ler poieleie Is lowseses à4dd oaks I weedss mis mid else olesed weigh dismal dillerisl dose yew es eerie" dm ewe Ms saki ler Mode tessisiseite week hese de seems fa you es Wee eml welled ememomees imelyme its hey bemires el the Wiled lees ed ems to yew in dodoes lone imposliel W 111114- - : ituly ' Ogden be too sw root 8 op et Woo t t t tont thu oho In ?bo nun riot re and arta 111111 lompool6 - y John Perry t ("brio Bunco ftn! lat mil ! 12 Ji toot hd It prel Phil hopped' NI Vre possible mews kkely to affect them indandually Fa rrio la Ty POO i 4 ' t tarot ASOLVIS - IN M Men to LAC I L Wearrho btoors La: an4 2 That being so the best situated stocks deserve careful attention by 1 and on" invest" I 3 Selected issues appear to us to have given evideore of having largely SIAS I be t Prio moo num own lime AgtattitAL044&10110SSZtaraftit-44a1-1 be Chript -- et ther and K - THE OUTLOOK ipsesell 01111110d y Ware g Nortom rail a Will ne Three Weeks' Trial of ri 04 ra at 10001 1000 004 0010 b e ve ybeched elnielmet our and te Sad L 10 100 000 000 Ow eue 000 101 u rroi esrpseeinds"Z 0WIMP art )itnec WOW Immist 1000 Urn tha Pi lard arganti In a M - 100 has en& pmhad 10011 00010 boisr010 10 nolloid 000 by 01 Woo f1 n bode THIS IS YOUR OPPORTUNITY the worst - I st"discounter the reneral market tar P bent daughl and Jr brr PI ned P per Se Pelt This selection ol 64 incommayied Stocks is made no kir these masons: 1 We behive that there will be a fairly substantial recovery is tho market C) :' of $19 1L Although timing is a prime factor in selecting stocks I Sae mord With corporations Pwdth cash and goverrunent bonds in excess of all current babiltles business is under no pressure to start suddenly to liquidate in the midst eit good time& 11 War or peace business activity will be at a high and rising acale as far ahead as can he foreseen including WITH A AIR CIRCULATOR! kb credit set a sew Consmner 64 RECOMMENDEDSTOCKS FRESHiND-AIR- E Parrei Mrs Berl? t Char irowtht y Lay plans kw the acquisition of strong conmica stocks during periods of market weakness Clean-housnow Retire from weak or weakening situations To help you realign your investments and improve the quabty of your holdingt send or STANDARD & POOR'S wnhitial list of and Gasping for Air? :: SUMMER 144 41 ' You Can Spend a Iv I ' -- markets have advanced Already commodity sharply i010 DO 70 00 75 00 14 0714 25 7300 I 00 00 i -— I "fa rd Burl tcrtlowl boldlood ugt 091000000 1 U For a Bear Market to there must - first be liquidating pressure in develop the shape of harden al money rates or a credit stringency In the field of or finance owe mug be something ko liquidate: With lelli VAP00000 borrowings the Stock Market idelf requim DP3 liquidatice earnings will be excellent Corporadon L Present UNLISTED STOCKS C - 114 9 Old see calamity ahead! L The BANK C1LEARLNG Total week islet Moelair 3 200 060 'bares: peevtons elar 3250 000 smelt saw 1399-0t0: r88t 8848 104 8870 46 44 4711 Ams 1g Racal' pt site 11117110:JEL 1 to dal 266613- - Utah rink Car 559: 6r 886 119289096 1W8 yearS Utah Pow 6 Lt emu 88V4 ITIL Christ Plain Blunt Statement About Tills Stock Market The considered opinion of the largest statistical and investment advisory organization in the world 1- 64'--- 21i 1 - ts 81l i She Tuesdara bank debit 311911119 no Pismo day last yeas 475349 00 Wednesday's bank inswing 11741916 24 Same day last year 8812112481 40 41 41 4 I 4 Beloit!' He Indian St her POTATOES L i 1 CHICAGO JOG 12 t tot—A 171101 86 OS trark 2tr7 tout tr11 shipment" 3$9: suppiore rootterate: &Nand good market Nightly 'trooper top boer weave: Gm tor rod": Mixon Trrtoopor 54 33: entiforrot Long 1ltates S3 40N 3 63: bakers 1400 S 2c ar AL 441 - 1! Utah-Idah- o Is 4- 71- - 11 21111'174i 171 4S 45 15 62' 11141i Iv vit 72 25141 214 19111I Milli 11 22 39 71 - 14 - At 114 11 41'-- -- Al 244ii 244- - 14 23441 24 14- :44 III 15141 15 14 8' 22 1141 151 261 r ll r POP Marktt Reappointed I 1 - 501 82! r r thi I a 1054-11- 1 an gram i B--4 Trana-Lu- T 146 1- ' t Frid 40 Employes ol-i ANG11211 July 12 (Sitio: Salable 1400 Moors slow but fully cows aches Moody to stronger: steady other classes toady: too frierittim and 9721b lad Steers 1000 suedsm croeshred teem 127 00 2725: medium terifens 125 00 2700: needtum and cows 123 On 924 00: few young bitterish cows 12550 4126 00: bulk comTratte Standar& 400 It 654 mon and medium tows 110 NO Cm Itappotd 2000 at 34 2275: rotators and cutters 11650 9 19 00: for Ione Lost 200 at 12e 11000 town neodium and good sautege Royston Coahnoto 2000 at $tdo boas 124 00 926 00: modium and good ftsY steers 12400 92800 heifers 12000 026 SO METAL Calves: Setabla 300: steads: mediums to sealers 12700 4 13 00: NWTT TORII July 11 to foul sisuirthor calves1120 00 aro Wednoolay's e4olow (13wlpolksThe wooltors prices 31 00: common down be 122 00 deireerod metals: hose: galablo 1000 eteadv to Sole rotCwwWw4 : Eleetro101r &Mee rod Iry noir higher: good sod encore 200 to 240 lb expert i IL II New York 224c truck-in- s 126 50 ft 2700: atont 30 hoed lokik deimpred U I oteettwatioao 2241e 127 SO: medium Rood 2 ladle 126 25: Lewd: Cornrow New Tort 11 50e: 111 good and choiceand wows 119 SO 922 00 louts 1130e tenni 141 lb suit end feeder pigs choirs 54 1015 gond to ports 111 504 0 Ztwe: 121 00 9 30 00 Pilaw owtern Now Work 1S72e: Sheet: tilabis none: few medluni and I Ittlit fit Lamm 13004 foreg a suit porta 90 to 97 10- - 00100M 001100 W Pomo E8 West Air -I West Auto West Pee Praertaut Gait Pont Gat Wood '''' )oV r-- 92 23 2 251 2 29 2 29 I' Settlement prime: Comet 12 26: 10114 11167e zinc I3c: sneer T2 ?Se en rrezione rirttaole "ntansbee "aod Sack 1' 2274 1544 $2 24 ia 92 22 2 26 2 25 2:29 127 ' 2 29 2 30 22941 2:27 WASHINGTON July 12 (UP)-- The house ways and means com7414 :75 :7536 mittee Wednesday approved a bill 77 :73'9 7771 to suspend copper import taxes 74 77 4 7714 117744 491 7714 3444 'J914 for one more year Kt 44114 4 areas After two days of hearings the 1444 14214 1 4114 L49 I 47 4 141114 committee Sewage dispoial and water servdproagviadinesdt afotrwin31914 3 12'4 3 19 its ices for the new plant to be built suspension 2 4424 2 4114 24 2 SO 2 414 2 44 the original bill but agreed to con25244 2 464 251 tinue the war and postwar sues pention until June 30 1951 41 AO o 41 90 PRODUCE The tax is 2c a pound on copper Ti pr300lbsndslestionooellb0017ttetigh1ergbyrt oli0000rs pod lit 775 di Is sto 49 16 98 119 $O it do 116 54 OnlolL IIIIDNISDATII QUOTATIONS imports to the U S most of which - 2 231 68 Sheep — 235 total 131 snorkel 122 Missouri Pie 49 75 now come from Chile 4 10214- lit fere (prtee IV the loose dozes) (Anon thmitglE $teady ou tow small drivedn iots: 'NOT M 5 1111 54 311 6714- N 7 C 5 2013 kA 44e: The last suspension law expired and choice spring Iambi bnnzing 419 Se extra—I:rade rade A lame good 34 St 5619 41e 313114 tostituta do 4198 26 llie grade 1550 it 50 grade June 30 The bill to renew suspenSo 74 TN 11 Inc 4191I 2022 237 44 it II tarp& 4tte Some 40 employes of Sego Milk sion wee 14 3fil 1351Butter-- 63 OrallrN July 12 (11171k) do Oo 2001 tom 64e: 102 weort8 63e: 60 by copper fab111 63 mated salable CVIPtil 150: allsolt steady !Northers' Pas 31 2047 wort 80e Troducts Co all with more than ricators supported and spokesmen for inmedium fee 14101 slaughter tioatity steers ' Penn RR 344 52 Cheese—Mid 14Grn- 1314 alki 25 1123 25: of service 222 504223 101: 1st L & son Ir 4194 2022 2341 54 be medium heifers will honored 119 331te: maid years dustries which require copper Optriplet 33e 94 93191 1 22100 le 22501 hulk — good do 4 97 young cool a testimonal dinner Thursday posed were western 34' 81 f' 219 SO4 20513: Inoeilurrt 217 50 O !Sea A Inc 4lies 2016 good citicAoo July 12 CP —Live poultry: at mining intermot4i10 001 5 at 115 On!! 17 001 roo171no in 29 Hotel good i geolhoso Pao via H P S Itotits Utah lc market unsettled pm ests who complained that lack of Knew1 124 50 4 14 ?S an4 chl Lo 311 99114boils do 4 t4 4 Om 77 Cheese: Twins 30123112e: Iliniti Harter president said Wedsieaday a tariff would 31! 91791- - to sten 3344 35e: longborne 56 — sealers 228000 32 00 medium 225000 13 413x Ry proeput some marginal 21 27 00 Mandard tht Ni 214s 71 eeeed boat 33035e Swig Arad A 4019 The dinner- one of six being held producers out of business in the 19 3 944e Hons—Ediscated salable receipts 100: roma pacific 21os 91— 43e: I 3841e: C 37039e butcher hogs 25e hither: yowl 'toady: bulk West Shore 41 2361 16 17 le sio Butter: 1036009 lbs: market Meade: aimultaneously throughout the na- event that demand for copper in 162 tood and ewe 190 to 240 lb recherit War El ev 2 6Sa 73 93 awn 594 92 594c: 90 tion also will pay tribute to John this country slacked off 528 75 sy 26 50 ehiniee ported iota up to Wistonsin Central 41 49 4 70 1te - 111 score 8214e 89 s eam irme 5314e Carkite: A Latzer 126 65: soma medium quality kits within 160 score 574a c: 69 score 54146 president of Pet Milk sretcht rant down to $2S 25: gond and 27110- Total bond taloa Wedneeday Errs tbrowne and whites): 14322 Co of which Sego is a subsidiary thole 330 to 400 lb sown $10 50 o in 50 6112 to 68730000 week 62 ra"V Market stead: lttrOo AO Ito under t(W) $IP 00 20 00 "v": Previous emir A 36 It 37e standard's 31 re 33e Mr Latzer Thursday completes Phoenix-E- l two 169 9 year Ito 21963000 100 to 500 lbs $I 5 50 16 50 24059000 current rilieliPts 29e dirties 28e checks 50 years of service with the comPheep—tatimatod polar retaltda11000: rears ego S3356 000 Jae I to dete12719e mrom active slaughter Nimbi mostly 25e looer S594 964 670 rear tiro pany 32 doubles good and thew" 100 In 1°0 too years oda S627905780 Itt $ 26 00 sego whiCh processed the first land wpFitt Mite fats 1124 50 a 25 00: three trucked iota WOOL MARKET canned evaporated milk in the in- 84 to 95 lb feeder and thole" good Frontier Airlines Saturday will Iodd $25 75 good clearance aleept on IA 9 rTENIG OOMPANTES NEW 209k July 12 (AP)—Both wool termountain region in 1904 at arrivals inaugurate service between Phnom tope and wool futures were irregular Cache became 1Richmond county liSONTADA I'S QUOTATIONS I ID a HO ?ALLA Na nix Ariz and El Paso Tex it Wm of woce tops were 390000 affiliated gpecial —Hog with Pet in 1925 639: top on butcher rteeipte Wedneeday pounds wool future 222000 was announced Wednesday Route I Asked i Bid Wool futom closed 19e to ge mower bogs $25 50: buOt butcher hogs $24 S5 et of will be the Highlight evening 25 207 tight butcher poem $20 50 October 162 0 bid December 159 O March will be via Safford Ariz and y a 4 43 beev7 botcher SOM SIT 750 19 00: wet Affiliated Fund Inn 1$ 4 09 with telephone hookup 1570 October 1473 bid December 1460 4 14 4 3 82 and Las Lordsburg goat $17006 16507 feeder pits $23 00 Amer Bus Shares Deming bid Ipublic address over which system 8 09 8 75 25 50: etaga $1100 0 1400: boar& 8se Houghton Fd Certtficated wool Pot 160 0 nominal 16 36 gee Houghton Fd IP 13 0$ Pet employes will salute Mr Lat- Cruces N M $5 00 900 Wool closed futures tops to In 1 1 llee Dividend 67 52 Shano 1127: fat Iambi 50c Sheep receipts Flights to Winslow Flagstaff lower: July 2120 but October 2143 De- zer briefly Ernest J Johnson 5 15 5 71 lower: feeder Iambi $t Weber reel 50e First Mut Trait Td cember 210 0 bid March 2055 bid May 16 27 1485 hither': tholes tat lamb& $25 50 211 50: Fund Investors Inc 43 years of em- Prescott Phoenix TUCJI0114 Nogales whose 201-1Richmond bid bid 1960 October July 1960 25 76 23 61 methate good fat lamb" $24 500 2550: Keystone estda and been in operabid do 113 16 11 1460 feeder Minh& $24 00 2500: tat woes ployrnent make him the oldest tion Douglas have Cert ficated spot wool tope 2140 since June 1 do 59 000 10 00 Medium 100d ewe& $7 00 6 997 10 68 oommal from of Sego employe standpoint do 84 15 41 9 00: (menet eve 2414 $500 7 00 bucks Frontier a combination of Mondo service will represent the Salt 00: broodint ovrto solid south 478 145 22 $5 00 Nationwide Bat Fd 78 13 77 and Challenger Airlines and arch and better $13 00 le IA 00 Lakedi 54 7 17 gathering Catt ie receipt& 112S: market Vie to N $ea tier Pre? Ink BANK CLEARINGS S N Mee ger Income 4 23 4 82 Other speakers will be heard Arizona Airwayk serves Salt Lake $1 higher good grata fed ettees $26006 18 51 16 61 29 00 medium edger& $2500 0 26507 grain Putnam tat Fund Denver and Billings among WIEDNESDAT'S QUOTATION from Madison Wis Jackson City 19 34 fel heifer& $2600 0 2700: grave fat hell Union PI Stan Fd ors $22 506 2450 'rale fed cows $19 SO Wiltngton Fund 1763 Miss Greeneville Tenn Euton other points Rid f Asked if 21 50 gran tat teem $IR 50602050 and St Louis Mr Latzer eut ter Continental NationalIS 222 NOS 212 no Md tows $1700 6 In 00 causer& $1500 V 16 00! bun& $21 006 24 00: veal AS 50i nrit Sorority Corp ?V 00 in St Louis will be presented a NEW TOR" CURB cale& $2450 30 50: good feeder ItiPers S Utah Savings & Trust Mine 220 00: 33000 watch and a service recognition $25 NOW 27 00: medium feeder wen& l'fah Irmo Nsitenal ao 00 00 EDN "ADA Irli QICOTATION $22 So it 24 50: Wastem teer& $19 50 Walker Bask & Trust ell 504' 71 00 award Awards also will be made 2150: stock betters $23506 25 50: fpodVolume Declines Loa's $as 133 001 340 00 to Trip ng row& $IT SO 10 507 deir7 117o 11616 gales in hundreds fnatesi High Low C1000 employes attending the dinner $20 50 6 2350 here by E G Meyer Sego genaral Ve 1001 Amer Superpower 121 121 Volume droppe'd to 28200 shares OMAHA July 12 61 14121141 Nunker 101 & a 14 I production manager Salabio 8500: butobor bogs Under ( on the Salt Lake Stock OVER THE 1 Wednesday 3 Chief Coe Una COUNTER 151164516 steady to Soc higher: beavior hogs steeds Cities 14erviee 64 170 712 to utak: mod hed chow 160 to 240 lb exchange including 4600 curb WEDNILSDAT'S QUOTATIONS A 141 1112 63121 11 Dennion life bora 25 00 2550: to This compared with 63724 hares 13550: sows 3071 15 Bond & 119 15 under 300-lweak to 2e lower: beeettc Hee I Asked 321 1012 Bid 10 10 Geologist Mining sold Tuesday when 10865 traded rows 2e to 111SO tower with sizable 'mo06 139 612 ot! unsold: good sod choice no to 300 lb New Park Mtn Dr Ray E Mansell associate curb Two issues rose Wednesday Rttgat coca $13 75 $14 0sown 122 009 2300 9 80 10 pfd 00 44i 13113114 Num Hod Pow professor of geology University of five declined and three were 38 Ashley Valley 41 'NM: Saiablo 7000: salvos 200: led Quaker I! 99121 98 ! 98 Oats Bullion Monarch TO Moro weighing 1100 lbs down and fed Technicolor $5 Utah Wednesday was reappointed steady 25! 181al 27141 17 011 S 00 borers mostly at kady heavier steers 550 21 New Park declined Ind Coal and Cok 31 16 16141 equity by city commissoners to a one-yeTintio 85 92 d steady to soak: and thole U 8 Foil 8 31 16 Idountats Fuld Suppl 1575 19 50 and mostly choke 1244-1term as Salt Lake City Standard declined 2c Madison wets 241 31141 SII $ue Utah Horns Firs Inal 23 50 25 00 12173: memo bold Wetter: majority good Utak Pow & LI 31 2: 241kt 24 utah Power am Ugbt 2475 geologist on recommendation of Mines dropped 14c and New 25 25 to steers 129 SOH 3150 011 IT 75 Dow H Young 1950 Sheep: Salable 3500: all those steady Total sales Wedneedas 500000 eharscl Utah superintendent of Quincy declined lc Other changes um! souther" on 8 is rood and ehoico oaths spring lambs 950 Tsar ago 201275 shares waterworks I Ti 00 ISCMI 73 00 were fractionaL $27 00 9 24 001 11041 147501500t 4 4 "Attar ik 'o 229 Mar Way Corn- - I It Coed 11 2741 1 04 14 0414 Salto Comet Cradling 5410 at iNntila UHL 1000 at Sc 500 Et Sc 1000 at Se Sato Standard 1000 at 214 a 2000 at 2144 Keanray Utah 2000 at Stied 1000 at 3000 at Stde 2000 Slam WO at at at Stda Itatimata litom SO at 12441 500 at Com Cool Co Coo Coto Co Coot Coot k 2 House Group -Backs Curb On Metal Tax i IMmatoodars Coma Pe1 Chg 225 FOR ONE YEAR 270-1- Col Cot Cowl Milk spt Dee month l 211 CO ' 22 July I L 0114 Sonia Cota 50 02 0114 0114 06 10 01 02 03 03 of DialsWynening C Oil lintor Consolidated Western Aliens Weal Toledo CW1 1"t'' 224 7 - At request of the firmes legal counsel the commission agreed to permit the company to build a sewer line from the city sewer to the boundaries of the property and extend an n main to the sewage plant at the center They agreed to furnish water at city rates for one year to the plant which is partly over the city line Construction of the $2500000 plant is scheduled to start this six-wa- 150 04 325 40 Oil Consivislated to etwy C i CiIf Cant 04 20 15 10 03 0314 Standard Tar Baby Tint Centre! Tinos Inad int Riandard l'aton Chart tak Coneolidated DialtIdahn Sugar Chi do C It do 2 So 10 10 02 35 rgem inn Sundanos 4 00 04 1711 litandard Mouth nti-- elos sion I 011 01141 Bonn Mines South Iron Illoasont 4 gs GRAIN FUTURES July 12 AP)— Law °Pen WO 14 ()1111 01 03 03 2 00 CoalitPin Bihar Slog Coalition Paver Kink Western Sliver ilbseM lop I I Proisper Mining 31 clay-base- terday At the top of $25 paid for choice 190 to 230 lb offerings were $450 above the level of June 28 when the market tarted to soar following the outbreak of hostilities in Korea ' i I 0814 45 02 07 0411 4xst level since Nov 3 1948 Wednesday's top was $25 cwt and equalled the peak paid yes- 2010171 BONI8 CORPORATION I i 1 OS 42 02 04 pork trade Prices for hogs generally were steady with Tuesday's average when prices reached the P - of Los Angeles 'Cárii' —eiPeas- 'to have by ''iltrol-COrat the Industrial center 1700 S Rdwood i1 were assured Wednesday by the city commis- its $3000000 Salt Lake manufacturing plant in production by Jan NV 1 W Gary Los Angeles: company president said Wednes- day Ground for the plant was broken Tuesday Principal production of the facd tory ill be synthetic !agents used in cataltic cracking' of oil Halloysite clays required as raw material will be shipped to the plant from the Eureka Juab county area Several thous-loand tons of sulphuric acid from Garfield Manufacturing and Chemice co abo will be needed monthly Location of the Filtrol plant will be at Industrial Center 1700 S Redwood rd Some 150 persons will be employed at beginning of operations Arthur IV Tates superintend- ant at a c13171131171y plant at Los a gees Will manage the Salt Lake establiahment which now is being built by Ralph M Par- sons Construction Co Lcia Angeies The Salt Lake plant which may be th e first unit of a larger Fil- trot operation here will consist of a 30000 sq ft processing plant office buildings and stockpiling i 03 03 2 040 0214 314 114 9316 7 130 04 02 Ys 32 0114 0234 134 11 13 01 25 04 0 03 05 03 0244 0304 0114 in logs wiA halted 'Wednesday on increesed supplies and a steady to lower dressed DICNVEFL Clemel laates m $1000 Dec 62-5- i Csim--c- 04 0114 02 22 Bernrities Royston 00 20 02 241 Pluto Prieto Con 4 22 02 20 0114 17 41S4 BON 1 market T's CILOTAtIONS GOVRNbNT IL boom' - — Filthir 1Dc8)-1:-T-4he 511 11 20' Inorive Bristol Plumb la Idiom 41 41 16 03 02 05 0114 10 Pates Dee 141 04 4 us 02 Park Benoit Park Prentuar Park Utah 32 13 21'41- 15 06 09 01 lo Park Ririghans Park City Coo Part 2 321- 1 0411 OS 1 Park Oil 044 2' 04 08 04 08 lOs listontain View Not driver Nevada Metals Naga Mantstss N 19 04 us 14los Int los Wolk Siandani 14 41 43 45kei 4 g 15161 1514 No Am ArC 1391 14 - rs6 No Aso Cog 134) 14461 151 16 1 l ?4 e POCille 1941 - 116 211 10 461 10North A 2 24 tap mg 64 214 Mg 571 33161 31161 3A Otto Oil 1 36 33441 31141 33 Otis Live 167 LI hi Uoil 214 In airs roaia to 111 Vit tvt New Quincy Sore Ltiy 46 1111 19'40' 484 —Mountain 244 17 0 03 05 09 0414 06 04 04 04 05 East ertaa Mutat East Stairosard Illott Tnte Coital ton 9ast 1 to Pr 1:11 144s 164117 is 111 12142441 246i- - - 21 16 -- CHICAGO 3114 12 i Weis Jule 1 50 IS mantel 91141 10 117°°17 10 total 111806 Sf1A 16alosi Closei Chg C 142 195 through: market steady on all eMoses: ' 1 441 Monitore 2e to 50e 111171er: cm tut or Ain k For Poo No 2030' 15' 02141— 141 Mar 1116141 444 11141ofis 97°0610 12 S°: Ihe'llurs Am Tot II T 21as 61 — 291 1061a - 4b Mae 149 14 36 9919 Date--do 2 000 75 2550 common 22100023 00: 20 103191- - 19 July 90 odd head sood led betters up to 227 00: An Tobscoo 3$ 69 soi7 12A g dk g p 4e 95 a medium 222 00 to 25 00: mod cows tiring Sept 75la '1 &T Ohio 1 1 73 14 6o 95 00 Dee 218 coos Bait medium 220 774 0092150 log 19 2 62 — do 5s 2000 K 50 canners 0 1950: common Sir 74 1 Si 77 211av and cutters 213 50 ty 15 511: bulis wane: ' do co 4111 21110 A ' 11 ldi 2 84 dr 75 4s Onto Ind and nye— sealers strong In 2100 hither gi no Oohl- 'WY 131124 tholes sealers bringing 2211 00 0 21 00 with Pensdsn Poe 49 peso 411 07 Lio 2019 41eao CliO0V6P lue Neut sealers moduli 14314 onimandiog Sind higher 1 — do co 419s 2044 169 60 i Dee 142 224 110027 00 l 3 llk 77 — 953 total 120 morbid 117 Cum' Poyboans— 41 97 A R 0 W 39-93 It 319 July maroto to:o soo 1 trolt FAiron 3s 70 3 toodet 1041 - 1 Nov a 244 4 4 hither: good and -- rhoire 1 40 to 240 in Ene 611 68 be s 2015 2 4514 Jen so butrbers 125 SO 4it 10 25: 240 to 260 itra i sots 41 2 I soiis strs 247 224 SO 0 25 25 260 to 2140 ths S2350 11 t 0 5 10 37 imi Mar 52 to 24 25 2s0 to 300 lbs 222 50023 251 Lehigh Val 419s 2003 Bt L4r 7' 121 5041 2223: noes m 9 p yo 14 300 to 330 lbs s do 72 97 s 5414 04LT 14111 NORTH 02 32 04 U Salim 05 1 15 9S 20 01 to 20 tan LDs 219s 21 8 —04 Combated Minala Comet COAL0IKA Commonwealth load Compotorated Ltittkik Coward Eagle Croft Crowe Point Empire al Eureka Whiten Eureka Lt Con ktiorka 11 more Eureka Standard Gold Cha Grand !Monett Great W050011 Morn IAA of Howell Ind Guam hannetwe 141 17 1 Steel! Cuomo-u- 06 05 01 04 0"01 $ 02 08 la Wave 841- - 14 4411 6 20 t 111441 11144- 1- 44 - tli 16 M341 54 54 60 60 If 214 34 64 441 Ti 7311 7161 116- 110 80 I 7941 10 tis 16 22 37 3516 3516- - 36 405 3444 I 291t 30 401 14 is 14 Sal 1414 46 12 64 ! 62 1132 I - 2 10 2341 23 23 It 00 1304Se 44 1111 12000011 Voiotia 6160- - 63 75 ) 9946 oft 04 116104 46 211- 36 I 14 Aft 22 16 Am 614 S 376g 15 2u Am goidlair I - 2 661 61 6g 3341 31 Am 61mm - si ADA T It 1474147ktInlosi 4Am AVERAGES DOW-JONE- S I Hjj & Awake Uvula Br salmi Sliver Swoon Ca rdat Central Staadard Chard Coneoonated Clayton Stoat C0604441 Con -- NEW YORK BONDS LIVESTOCK MARKET QI OTATIONS Aaked I Rai ' 7 Output 1To well tinder the eircurrastances thehravy Jractinatilaleand then:to tParket1 TOrs in particular suffered already reeling from Tuesday's ordera continued to pour WILII rocked Wednesday by verely Iwo distinct and savage waves of onto the trading floor of the stock exchange with such speed The liquidation lunged the list to that the reporting ticker was unnew lows for the year completed able to keep abreast of actual !the elimination of approximately transactorts by as much as three of the gains scored in 1minutes Volume on the big board on the decline and conmovement bull the year-lon- g and reduced value further by 1 tracted when pressure lifted to 4 points Sales for the day of 3200000 The session matched in intensity shares compared with Tuesday's some of the other breaks cut- volume of 3250000 shares The fered since America's interven- lion an the Korean fighting Tits loss in the composite rate totaled morning and afternoon attacks 353 point' New lows for 1950 were regiseffort were separated by a mid-da- y to stage a recovery The success tered by 287 issues and of the nu:hi:actual stocks traded 884 ivas limited and purely tempo-1118- 6 138 showed i lost ground and only (Miry Although the rails again stood increases orp one-ha- lf 2: S lime The- Sy I In New Silver unchanged York at 72e a fine oz Cotton irregular Wheat futures closed off lie to tze corn up lie to off lic oats off 1e to rye up lie to Pic soybeans up Sc to and lard futures up 2 to 23 points Hogs steady top 825 sheep steady bidding steady to lower on lambs cattle steady to 50c lower except some cows 25c dustry or for small businesses to prosper in It is not the bigness of the big units but the amount of capital which people need in order to operate under the technological conditions of today And this and other difficulties which new and small businesses come up against cannot be cured by action against the big units however drastic That Is why more and more economists have come to wonder whether we are not barking up the wrong tree altogether in giving so much attention to the prevention of excessive bigness" By the Shift Bois DiVILSIliOna continue concerning i Stocks lower in active trading Bonds lower U & govern- MOttere— 'Merit bOndi itiOnger' : INTERM9I1TALEs1 ilsL Filtrol Plant Expected Staggered N Y Stock Market B003131ARKET IIALTS ON Takes Double Selling Blow 617 Jan I Start HOGS MARKETS IN BRIEF 1 dell Sal ! limn a |
