Show V J 'Hie -'' Up and Down the Street Lake Tribune Wednesday July Salt Business Daze i k vtw r- a vo two years of prospecting has discovered another three-foo- t vein of "uranium and work- - is progressing on the development now i- Q Weight executive vice president said hat despite predictions early in 1957 that realty ransactions would follow- - the general pattern )f decline — as in new starts on housing— the reverse was the truth I "We have felt that with the constantly increasing population of the Greater Salt Lake irea fhe demand for all types of housing would con- at a raP-- pac®” he said During the first six months of this year ’I f ’ 1 some 1980 pieces of property valued at $32500118 i : 1 kl were sold Mr Weight said Ir- - Bernick This compares with $30815972 during the like period last year when 1965 properties were sold Mr Weight B A- - gains The market was broaderrOf 1193 issues deaft In more than twice aa many rose aa fell There were 637 advances- 308 declines and 248 issues were unchanged The new highs numbered 49 the lows 35 - L ’ Service Dow-Jon- CHICAGO — Montgomery Co is putting Into eft Ward & feet a number of changes In organizational struc- ture It was announced esponslbilily for meVchandi'i the Western Favorite Mining Co Inc and Arkansas Corp It hase some 500 tons of uranium ore ready for shipment as soon as a road is completed to its mine ' Gold also has been uncovered In the Yankey Fork area recently Thia Mr- - Brewer said) is a gold bearing vein of 33 feet In width About 10 tons of ore have been shipped to a smelter In Salt Lake City newly appointed ‘executive vice president and general manager Mr Hammaker will report to John A Barr chairman and - Firill For Stock Deal pTC" SlaDS 1 WASHINGTON July 2 JP) — The Federal Trade Commission Tuesday ordered International Paper Company ©f New York the world's largest to sell all of Its recently acquired stock in Longview Fiber Co one of the leading paper corn- - Tuesday’s Quotations New York Stock Market Averages” Dow-Jon- es Furnished by J the New A Member o - Sale In 100’ Clos BO ElBd&S 32a 35 3 EquIlyCp 1 FurckaC 4 1 FlyTlser 1 105 FrdCanA 2 32 V Gatin Pw GldnMc-4 41 45 11 GlenAld '0 7 HeclaM 15 854 HumhOil imoOll 7 58 40 14 Kalarlnd 16 464 Littonln 17 16 MerrlllP Meaabilr 5 41 18 28 Mlyden X50 117 MtSTAT 71 10 MuakPat “ 71 33 NJZmc York Hod Sc Co Exchange Stock Sale In 100’s ICloael Chg 1 4 8 4 lVa NewPkM O oktepC 80 78V - 1 PacPetL 30 32 4 V -20 PanlarO 118 13 5 PantemO 7 PratonED 18 2 4 1 122 SherWm 4 1 1 6 Sonoton 12 18 StdShra 30 36 SlInneaH Technlcl 26 6 X Va A 624 ThtokCh BO 10 TriCnlW 4 S USFoilB 30 40I4 221 - Va Vnltron 8 4 21 4 4 UtldSuf 83 VuIrSIlL 4 WtbbAK L 35 1 4 Ch - 1057 to Total American atock talcs Tuesday 740006 tharexr date 113502007 ‘ Standard & Poor's 500 Closing x EPsoNG EraerLl EneKR FddersQ FiltrolC Fjwstone FoodMa FordMtr FreeptS FruehT GenTAR GaPa Glidden ay Goodi ch Goodyr GraysnR GtNlrO - - GlNoRy GtWSg HiltonH - H of i Elec Holland Homestk Honolulu Househd HoweSd 2 I2i eon 7 94fe Va Va Va Va - IV Va 60 61 MS 57 - 6'ioeya 20 621 21 V 2 S5 10 31 104 16 20 08 s XI 60 38 1‘ 1 JohnMan JonetAL JoyMfg KaiaerA KanCtyS Keliey H Kennectt KerMcG KretceC KressCo Kro r “at Lehman LOFGIa LlbMcN Llx&My Lckheed Loews LnSCem LorllartL LANash 34-18- 8 47i Penney PennRR PepuCol PhelpaO Philco 7i 11 Mono-Ke- 304 2V - 'I 1 m 7c Va 40 821 38 43 12 4 34 8 1 2- Vs 4Va Va T 10441 384 41 364 1 Va - 1V 62 V 28 48 403' 68 37 43 14 1 7 43 V 6i 67 Va 18 46 86 107 43 88 Via 2 26 Va 8 30 3 62 21 30 14 80 41 11 16 63 Va 20 384 14 - Va 48 18 34 35 4 IV V 61 18 4 0 81 64110 4 171 "8 4 41 30 4 a 111 71 14 101 82 2 M 24 19l1 Va 8 35 13 1104 4 32 80 4 24 V 60 V 38 Va 46 Via 38 Va f IV IVa ‘i WcKAR VfrrttCS MiamCp MHnyw MM&M MtnP&L MlwnCp Monsnto MontPw MntWrd - h Murray a 274 Va Vs 32: NatAvla NatBiac NatCRtf NCLlnes 38 65 21 35 28 43 141128 141 78 21 44 NtDairy NatDist NatGyps NtLead NatSteel NatSun NwmtM NYAirB a V V 4 1 Va 4 4 4 238 6741 12 60- 6 72 do NJ do Oh StHrCh SterlDi StAWeb a a tV J7 48 2o OS Sunray YO 2 76 27 SunOll 1 14 8 8VU 14 34 (4 20 4241 SanshM SwiftCo SylEIPd TennCP TexaaCo 1108 Bid TexGlfP lb-2- 60 10 43114 13 25 22 18 37 23 33 V4 TexGulS TexUtil Textion Thrmnld TideWO TlmkRB Tmamtr at 47e 1000 Columbus Rexall at 48c a at 57c 500 Consolidated Eureka East Standard 4000 at 0c East Utah 3 000 at 40c Little May 5000 at Silver Standard 1 500 at Tar Babv 1 000 at 21c Utah-Ida- h Sugar preferred I share only at 0 87 le 3c 13141 i 324 401 SI 22 151 TruaxTr 20CcntF UnRooC UnCarbd UnOIICal UnPcIfto dopl UnTank UnhAir UnltAIr UnltBia UnltCp UnECoal 12 1 -- 27l 37' 1204j 1 ‘9 58" 03 20 If 8 28 071 7 111 63- 3 7 29 78 44 UnFniit 12 UnltGaa UnIPCM 11 usrsec - 1 7 1 Grain Futures a 14 284 28 33 17e 100 401 37 TmaWA TrICont CHICAGO July I tUPt— Open High Low Wheat— USSmelt USSteel dnpf 2 13 2 15 2 10 J4H 1 41 51 2121 60 20 140 61 20 13 45 UtPAL Vnnadlu 4 21 Wlrreen Walwrth 2i 51 WamerB Close t Bank Gearings 210 213 215 210 217 1 Chicago Mercantile Exchange 2 15V 2 20 2 22 210 WALKER 120 1 30 128 1 1 30 33 IGGI 1 1 28 y 31 Tcp Location In Prtea Business Area 1 5 Building Permits - 4025-405- ' 0 ' 8 6 - 3 3615-224- 42 0Q Convanlant available Egg Market 4565-78- Cash Crain CHICAGO July 2 (API— No wheat com No 2 yellow 1 33 opts No 1 heavy white 77 sample arade AeavJ white 73 no 43 and Company l 041 4 f tip eoybvana Soybean oU: 11) Barley nominal: feed: 81-- 1 02 soybean meal Malt n Saltlike choice 123 Boa South City 438 houses E F 2178 Country Taranta brick residence 233 Country CtT 13800 Lament F Tarealn 2328 Country Club Cir brick mlhencp 1887 Parleys 113600 Canyon Bled Jack T Btreae 1166 brick and NEW Park 13 Lament framt W 9th South addition 7400 CORPORATIONS Universal Crn)idteI Oil Co 2nd fomi Principal pine of bu1n OM 1120 Continental Bank Buildinc Bui ond othOakley erna minerals development of oil 1217 W 11th North 6118000 E O Starr R 0 East ware- E 8 tea ms vice prexident:president: Key IlieaeaUt S Fol G oren —Grade house 214 W California Ave 817800 tanxbee Jr vice president R D Miller Essa (prices by Innae AA 40: J k Clark Ine 1874 Beck masonry aecretarynrcaawrer C G Williams vice A terse 30 rr edium 34 B y warehouse 1674 Beck 88000 31 large president H C Hess assistant telaa Deeelepment brick end block mild aU of Ixa Ameiet Calif Capital Cheeee— Mild loaf 41 office bulldins 212 W 13th South 41: mild triplets 40 110 nek authorized 000000 Pub it 02 score 58 Butter — 03 score terfbed 70) — $9590045 1 per cent Utah— ——— - Chpreh e( lass Christ W Latter-4a- y 80 score 68 — - SL mafconry Produce 112$ 1 6300-320- aeere-tar- e 025-00- 0 w "1 a soma —kw a LOS ANGELES July 3 (UP rSMNS) —£ wholesale uncandled producer irraded for size 40 per cenl grade AA large 34r35WAA medium 35Mi At A large AA small 20 21W can-die- d A small medium 27 27 to retallera fob distributor plant (delivered l1 centa higher A A extra 42 large 4447 A extra A large 444 AA Urge 38-4Urge 34tfc B Urge 36 Va AAjnedium A amall 31J 33 A medium 27 V 29 price to conaumerfl In car 60 AA 39 A ton AA Urge 5057 large medium 41 59J A medium 3543 A email 3Q30i Poultry: Fryers (at ranch' 20 22 fryerw caponetteg at ranch! 9--2426 hen 3 crow young light type hgns hen turkey (at ranch 20 young (orb turkey Tat ranchto 181$ retailer grade AA Butter prtee-$$-7A 66 66 B 65 67 Fgga 10100 poultry 220000 Receipt butler 112000 nw offica t CompUtaly TOTAL DEfO&ITS condi-ttona- CaH labert d A Fafartaa IM 2i22 ACCOUNTS of PACIFIC NATIONAL I laetl 2568 380 00 6131650 00 3459193 00 2 1005919399 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 015686846705 -This bank’s capital conalata of: Common atock with total per value of 0206805000 MEMORANDA Assets pledged or assigned to secure llabUltte and for other 110480 000 00 purpose 107554 1 36 Loans as shown above are after deduction of reserves of tank hereby certify I Richard H Clark Cashier of the above-namknowledge and belief that the above statement Is true to th best of mvRichard H Clark — Correct— Attest- ' P A WARDLAW JR J J KELLY ' JULE3 D ROBERTS DIrectcr of Utah Countv of Balt Lake aa: — Sworn to and subscribed before me this 1st day of Julv 1917 D E OSTLER" V — - (Seal) Notary Public STATE OP UTAH Office of th Bank Commissioner I Seth H Youni Bank Commissioner of the State of Utah do hereby certify that th foregoing la a true and correct copy of the statement of filed tn my office on July 1 1957 the above named -company — BETH H TOUNO Bank Commissioner ” Stats i 411 $ - Now wing eliding 2331800 30 6145707 27336 —T Avallablo Now —' 143185 473 86 U140AA44U )l6600 TOTAL CAPITAL Now sftrsdfei lyst mdoptoblo fo Oscepoefi e per flans fas lafanaaliaa Ll CAPITAL ACCOUNTS Capital Surplus Undivided profit parking air 0158868467 J5 X" LIABILITIES Demand deposits of Individuals partnerships and corporations f 74711113(3 Time deposits of Individuals partnerships and corporations 40467049 X4 Deposit of United States Government 135750 10 Deposit of Bute and political subdivision 17400109 73 of tanks 1565044 45 Deposits Other deposits (certified and olflcer’ checks etc) 78346841 TOTAL LIABILITIES Utilities and Janitorial Sarvica 5 Club Clr Club sq ft— 118704110 13738 35 58748117 TOTAL ASSETS " Other liabilities 4555-78- 5 S G Kelson finish basement $540 W 2700 South $2000 L D Webster 68$ X Center Mid-va- le brick and frame residence $343 S Redwood Rd $13300 Hoffman Hemes lee Kearns 21 frame houses 5928 W 5055 South 40$5 W 4995 South Pieper Blvd 49804977 W 5035 South $178500 77A62602 61 Bank premium owned $860379 60 furniture and fixtures 0337461 59 Retl estate owned other than tank premises Other assets - 1 i of thia ' 135 1 4051-406- OP ! 18- 4066-407- Settlement Prlras: Copper 9979S lead 14 Zinc 10 75 silver $0 25 City Balt Lak County Utah at th close of business Jun banking Institution organised and operating tinder th bankState and a member of th Federal Boaorv System Published In accordance with a call made by th State Banking Authorities and by th federal Reserve Bank of “ this District ' " ASSETS Cash balances with other banks including reserta balance and cash items tn process of collection 34898252 59 United States Government obligations direct and guaranteed 345Jl7f2 44 Obligations of States and political subdivisions 7070 821 05 Other bonds notes and debentures 1A3O656O0 t stocks 825500000 stock of federal Corpora (Including Reserve bank) x 238 301 00 ing law 131 132 1 0 Metal Prices non HEW YORKr July $ f AP— frrroua metal prices Tuesday Cooner cents 3$ Mi 29 lb Connecticut Valley Lead 14 cenU a lb Hew York 7inc 10 cents a lb East 8t Louts Tin cents a lb New York Foretan $7 cents per Troy ounce New silver $9 York BANK & TRUST COMPANY erf Salt Lak 1957 a State 1 29 4 18 4 23 29 4-- - - et CHICAGO July ( UP 1— Produce) Live poultry! 8teady 0 000 lba USDA prim changes and additions: Broilers or Rock fryers Plymouth Rocks 23 24 White Rocks 34 24 Cheese: Steady Single daisies and processed loaf 38-3longhorns 1 B C 33-3- 8 Swiss grade A 41-4- 3 Butter: Steady: 1489 000 lba 03 and 60 score 55 02 score 50 00 score 38 C riots 00 scort 67 6 score 55 Esgs: Steady to firm: 15400 cases White large and mixed lsrg extras 31i mediums and standard 21 current ro celpta 28 dirties 25 checks 24 Potatoes: Old arrivals 3 track 24 diverted 0- - new arrivals 104 track 42a diverted 65 total shipments 405- - k New: Supplies liberal demand orate market slightly weaker Old: Supply light demand moderate market about steady Track sales: Non reported Street sales (100s): Idaho Rumets 450i bakers (1 00 Onions: Supply liberal demand fair market on California yellows mediums others about dull large unsettled steady REPORT OP CONDrriON 218 2 13 - Wool Market HEW YORK July (API— Wool tops and wool futures were steady Tuesday mostly on commission house buying Wool futures Cloaed unchanged to S of a cent higher July 10 OB Oct 15 6B Dee 1576B March 155 OB May 153 OB Certificated wool spot 161 ON Wool futures closed unchanged to 1 1 cent higher July 192 6 Oct 190 6B Tuesday’s Quotation Pec 188 7B March 185 7B May 184 OB Monday' debits ' 1159288180 Oct 184 CB Same day last year 00 ' 18037885 Tuesday's clearings 18287710 85 Certificated spot wool tops 1025N Same day last year 18221 314 20 B bid N nominal (New) 4 10 38 17 62 15 34 761 48 USOpam URPlywd NEW YORK July 1 (APT— Stock— Higher general advance Bonds— Higher: changes narrow Cotton— Irregular quiet trading ' Chlengn — — — Wheat — Higher rallied with feed Carb ialaa X ThompP 6e Markets in Brief 171 4025-407- Asked t I ’ OU Produce-Mark- 71 - I 3e 1 4744 1 S 108 72 20 43 WatAIrL The top five feet was degree API gravity oil he 26 Via 131 50lfl WeatPac 44 34 NYOnt Weatnlln related with the remainder a mixture of drilling mud and 25 NYCSL 31 WatAlrB 171 30 i a 351 28 'i NiMoPw va Watnxn 01 67l4 sulphur water NorfAW 68 101 574 Wheels 28 NAmAv W worth 64 42 The packer set above a sulphur water flow leaked 01 47 NoPclf Wrthatn 0‘i ' 24 531 334 Northrn YaleAT Carson Mr the front to information company testing Ing Ohio Ed YsatnSb ' 2 108!- 48i4 OhioOil declared Zenith 12 116) 40l4 051 55l4 OlinMa va The official stated that a coring program between Total NT stock sales Tuesday 2450000 aha res 1557 to date 271024754 In ’what is believed to be' Hermosa section recovered oil and gas feet Between the stained rock between 4025-405feet a cores contained sulphur water and between section of dark grey limestone was founds interval a porosity of In the per cent was Salt fjike County Saint 47 K South Templle remote’ real room 31181 N State 00 000 established with permeability of from zero to 200 millidarcies Ideal Hama Balldart 3075 TeW 138 F Sooth TemDr brick residence 3549 Westwood pleI'alyarettp Clab Gas volume was per Dr per cent water (connate) kitchen etc 02500 remodel $13500 Rebart 0 Eeaa 1760 Loaan Ave cent oil per cent Mr Carson estimated Warn a HantlnrUn 5839th Ave brick addition to iwltcnce 06000 East $20000 The well is now being deepened Another test of this area brick residence Gterte Hofmaa 1742 Marxle Ave L Denney Ralan East brick brick residence 2020 Kensincton Ave " Is scheduled later the Salt Laker said East $14000 5 residence 818 000 41-4- $ Dilllilxt Bid Asked Tuesday’s Quotations Crescent Eacle Oil 4000 at 5c CroH 1000 at Dragon 2u0 at 11 00 500 at 07 c grains Com — Hlghert reiwrte of damage 200 at It 00- - 200 at 07 c 300 at 07 c plantln delays 300 at 0100 East Utah 3 000 at 14c Oats — Strong poor yield reports 1 at 1000 Grand Deposit Soybeans— Strong: planting delay Little May 6000 at 1VC Park City Consolidated 1000 at 10e dug to recent weather Hogs— Mostly 25 higher Perk Konold 1000 at Cattle— Steady to 50 higher Tar Baby 12700 at 22c 1000 at 22c: 2000 at 13c Trana-Uranlu6 000 at 4c WUlieton 1000 at 7c 30 28 StudcPk J'lRiibhr V Ixfulriali Investment Firm Park ' ales Bonama 1000 at 7C 6000 at 2250 at 7c Bullion Monarch 1000 at 27e Chief Conaolldeted 500 at 45c Columbus Rexall 5 000 at 48c 7500 at 48c 2000 at 40c: 2000 at 48c: 6000 at 47c 22000 at 46c 1500 at 47c 600 at 48c Combined Metals 2000 at v 28 337 34 103 Tuesday's Quotations etockere scarce PlNelwn PkPremer PluteUr Plutus W 1 4- Over the Counter 1 The following bid and asked quota tlona are obtained from the Utah Securities Dealer a Aaan quotations com mittee They do not represent actual transactions and are Intended as a guide to ths range within which thoso securities could have been sold (aa IndiIn dycated in the “bid'') or bought es led In th -- asked” column) ParkBlns V 10 r 0O PaikCCon PkKonold 31 64 2§‘x 34 11V( 8 36 14 6H8 18 38 80 00-1- If vaaler 2000 Sheep — Salable slaughter classes steady feeder iambs steady to weak choice to prime apring lambs 00-24 100 lbs down 23 00 cull to good horn slaughter awes S 00--7 25 medium and good 80 lb western spring feeder lamb 1875 NewQcv NortliLlly Noi thStd 4 42 1S 15V 241 21 IT good and cholc 16 00: 22 00 Hogs— Salable 280: small supply openlota mixed steady! sevr-a- l ing mostly 100-203 lbs 2125 few head US 180-18- 0 lba 15 50-2- 0 00 about a load till unsold sows scarce untested Sheep— Salable nonet nothing offered! nominally steady! late Monday short load medium and mostly good qu a 1 olid mouth to broken mouth stock a head ewes around 130 lba 1000-110- 0 OMAHA Hogs— Salable 2 8 000 mixed butcher strong to 25 higher: sows 325 lbs down steady butcher 100-24- 0 to 25 higher mixed 50 mixed grads sows lbs 20 25-2300-40lbs 15 50-1- 5 25 300 Cattle — Salable 10000 ealve fed steers and fed heifers firm to 28 eowa hlxheri mostly steady: vealerg steady i average prime around 1475 lb fed steers 26 00 schotce heifer cows 15 50-commercial 22 50 23 SO Mownw MtStatee MtVlcw NeilOrir er New S Asked MaJOII 44s 1S 22 Bid Mammoth MilleiHIII 34 771473 ll 304 Atkad Bid OGDEft July (USDAt Cattle — Salable 100 blow cleanup trade on cows held over from Monday other classes poorly tested Nominally steady Few head standard (laughter steers 11 00 Few head utility heifers 14 50 few cuttcr cow 1200 Individual bull 17 25 labia 25 Nominally steady £slvr--- S few good and choice valera 2200- 24 00 utility down to 16 00 Hogs — Salable 75 Butcher hogs steady to 25 higher Around a doaen bead selected 111 12 barrows and gilts 218-23- 0 lbs 21 7S bulk mixed 265-27- 6 grade 1001024050-2-1 lb 21 25-2- 1 SO few lba 35 Occasional 425-55- 5 lb sows 18 00 17 00 Slaughter Sheep — Salable 1200 anrlng lamb and feeders about steady Four doubles and a deck choice and prim 103 lb Idaho spring lambs sorted out of a five-ca- r string arriving by truck 22 00 22 10 on deck 08 lbs sorted out 10 6a Small lota good gad choice trucked In lambs 20 0 some utility down to IS 00 Few packages utility and good slaughter ewet Small lots mostly I pelts 4 50-- 50 1126-188-000 lb feeding lambs LOS ANGELIH July 2 (APTSMNt Cattlee-Salable 500 steers slaughter opening slow hardly enough offered to test market several head high good 23 00 few standard and good in small lota 10 50-2-2 60i about three loada heifer carried from Monday atm unsold other slaughter classes and stock-er- g and feedars moderately active steady utility cows 1425-1- 8 50 few commercials 17 00-1- 7 50 canngrg and cutter 11 00-1- 25 few utility and commercial range bulls 1625-165- 0 po early ales feeder Calves—Salable 125 supply offered In siaablt lots mainly steady on slaughter calves on lot choice 600 lb 21 50 over a load good and choice lighter weights 20 50-2- 2 00 few stand- ard EuMlnea Eubtand GoldChan GrandOep GieatWeat HornSil Intel Mt Pc Kennebec Keyitnne Leonora LlttleMay 80SI 64‘i 6J 16 4 1 4 1 Va 4 S 4 “i 164 1141 O0 54 68 72 76 Tuesday’s Quotations 35Slf I 65J5Sth 81 7ft' tt 2 Va 111 41f Nfaffnvx 4 ParamP 1 Salt Lake Stock Market V Ve 80 141 - WackTr Macy MnxCon Paradox Production Co Tuesday reported a discovery of oil at Its Sands Mesa wildcat Jn Emery County Utah The find was represented by recovery of five feet of free oil In a' drill stem test of the Hermosa formation between feet said O L Carson Salt Lake City president of the small independent Mr Carson said that the test open four hours and shut In one hour saw a good blow of air throughout and recovery of 2126 feet of drilling fluid - ni 48l- - H 171 62 4 40 48 28 15! 17 82114 1 32 36 14 ‘a 29 78- 33 204 42 22 68 471 4 - 4 3 Total N’Y bond anlea Tuesday SS 280000) 1957 to date 8721737550 bond aalca Tuesday 6100000) 1057 to dele 58046000 44 - LuknsSt Emery Wildcat Scratches Oil 01 ¥ In tTAT UlCrCoaJ 32-27- OllverC OtUEl Owcnllt PacC A E PanAW PanhEP 53 57 130 65 Total American S S 2JS 4) ll 4 IndRayn InspirCp Intlakelr IntBu’M IntKarv InlNlckl IntPaper IntShoe IntSiivr x ICIomI Chg 55) 57 137 70S 201 46 UlCentrl lts-E-- Sale in 100a l 14S IdahoPw o 4019-404- 45s- 131 Greyhnd GrumAir GuliOil HartSM HercPd HydnNp Z 15h-24 15 1 GenAcc GenBak GenDyn GenElec GenFds GenMtrs GenRfrc SUPERIOR OIL Company of California- spotted wildcat n location about nine miles due northwest of the Four Corners in a San Juan County 'venture certain also to affect Aztec Oil and Gas Co holdings ' will be drilled 6(50 feet from the The firm's west line and 660 feet from the south line Section 6 Township 43 South and Range 25 East vCarter an affiliate of Standard Oil Company of New Jersey also announced location for a' step out in the southeast Aneth or McElmo Creek area of this country with the Navajo Tract 3 being located 660 feet from the north line and 660 — feet from the west line Section 17 Township 41 South and x ’ ’ Range 25 East out a from East Desert northeast pegged Superior step Creek pool in Navajo at 530 feet from the north line and 820 feet from the east line of Section 24 Township 41 South Range 25 East San Juan County CARTER PROPOSED a western extension of Aneth Pool at its Hickman Federal No 2 1980 feet from the scAith line and 660 feet from the west line Section L Township 40 South and Range 23 East At Red Wash Field Uintah County Standard Oil Company of California made two locations Well No 64 is pegged 2030 from the north line and 1980 feet from the east line Section 27 Township 7 South and Range 23 East while Unit was placed at 660 feet from the south line Well No 66 and 1980 feet from the west line Section 18 Township 7 South - and Range 23 East 114-N- all V Va 2 - 17V- H Evrshrp FrbksM FamllyP 42 Ve 17l 41 GracWR -- 43 67 47 00600 23000 12100 21800 21300 18000 Tuesday’! Quotations tests Carter Oil Co launched a venture in the Tohonadle pool area on the western edge of the Paradox Basin in San Juan County Firm's Navalo 231 will be drilled 660 feet from the north East 531 SO 101 53 Genl Mtre S O N J Bell & Howell Sperry Rand U S Stl Monts Ward Service Dow-Jon- r 21 00 71 A record number of n$w oil and gas well drilling locations were filed In a period with the Utah Oil and Gas Conservation Commission the agency reported Tuesday The list of seven contained several important new wildcat South and Range 5950 fept Salsa In S1000Cloaa Chs in $1000Cloaa Ch Ten Leading Stocks -- east line Section 2 Township It will go to Hermosa-Parado- New York Bond Market Tuesday’s Quotations Oil Gas Well Finds Reaclf Record I the Index Stock Sale tClo4 CH line and 660 feet from The financial personnel public delations and legal division! also wlH report directly to Mr Barn e ? t ( s v r The mail order and retail functions no longer will operate as separate divisions but will be combined under Mr Hammaker Livestock Markets American Stock Exchange “Is Mr Ramsdale expecting you?" LIFE Tempi r president r-- 3 noted The average sale price of residential property during the first six months of 1956 was $15700 That of residential property during the first half of this year was $16500 Mr Weight reported "This clearly demonstrates that prices are not coming down and that it is unwise to put off buying a home with the hope that prices will be lower” he told The Tribune"We say again that the time to buy real estate is when you need it or if in your opinion it presents an investment op portunity” he stated He added as a matter of interest that during the first half of both 1956 and 1957 exactly 733 properties listed bv one realtor through Multiple Listing Bureau of the Real Estate Board and sold by another realtor The gross sales values of such listings in the initial six months 1956 totaled $11155000 ' and $11189000 in like term this year f MR WEIGHT said the largest gain in sales was In vacant lots increased from $1282120 to $2004790 and in homes Increased from $24865627 last year to $27173807 in the first half of this year Gross sales prices of business properties and farms declined remained about slightly and valuations on apartment-house- s unchanged he said "We on the Salt Lake Real Estate Board look for a good market during the remainder of 1957 feeling as we do that real estate still represents the best investment lot the average American” Mr Weight commented J Organization STANLEY IDAHO —Several new mining development have added interest in the Stanley Basin area according to Glenn Brewer Stanley businessman several"1 urmM and promoter Mr Brewer said Tuesday companies have shown Interest -- exception Foreign oil paper aluminum steeL shipbuilding and retail Issues stood out So did a score or more of specialties which made the largest vlnite 3 Ward Reshuffles T' rtncva Ttn t Special to The Trlbtin Street staged an early Fourth of July celebration Tuesday Stocks climbed out of the recent doldrums with a bang as prices iiasored the biggest gains in a week Trading expanded in a v nr- Ore Finds in Stanley Basin HoIdMinc Firms Interest ' Service NEW YORK July 2 — Wall By Robert W Bernlck ' V"ii V? ft JE (! ' - ww-is"! fXJt: p f vj rvr The Salt Lake Real Estate Board Tuesday reported It had — 23 New York Time ‘ - S J937 Stocks Bang Out Of Action SagJ Really Board Sales Top Banner Volume Mark i M a v 1 4 |