Salt Lake Tribune | 1963-12-25 | Page 39

gryrtorchrrrrrrrrw hrrqf m Up and Down the Street r The Salt Lake Tribune Wednesday NEW YORK DC 14 (API! Stocks-htt- ftar Bend— mixed) moderate tredln rails tower Cotton— trreouleri etote trad-In- s Loan Companies Intend To Hold Interest Rates i £'' AP — CPI—New York Times— Chicago Dally News — Chicago Tribune— New York News stock en NEW YORK (UPIN-Selec- ted ttie New York Stock Exchange today like to set an example of how fast a young man through hard work and intelligence can progress in this company Dad - - “I'd Salt Lake Stock Exchange Tuesday’s Quotations Furnlshd by J telee(hdi) High Admiral Abbott L AlrPr 20eg AirRed 250 Alco Pr 40b AHgCp 53 24 18 43 t 21 61 6- 1- 55 5- 5- 22 22 9 9 9- 37 37 49 48 37 48 - Ilk $48 40 111 88 32 18 18 17 12 22 rates) Mutual Funds 18k 38k 18k IS 38 Vk 38k II 188k kVk 42 31Vk 23 41k 418k 308k 31' 22k 83k 828k 73 $3 NEW YORK v -- Seek Aviation' Club Purchase that merger Calvert Moves to Second Wildcat Over the Counter 52 9 30 $83 18 10 56k 56 Ilk 1144 5644 101k 99k Fair Stret Falrbks FedMg FerroC 170 180 2a Fllntkt Kb FlaPwr 112 80 FMCCp Food Pr 90 FoodMrt 70 PooteM Ford 180 80 FormO FreeptS 1 20 FruhT 120 FlrstNSt 1 0: 1 1 To Increase Giarges 30k Ticker Tape Tuesday a X a 48 488 1 30 Vk 19844 43 25 59 58k 59k 59 31 57 'A 22 54k k $V4 II 2144 64k 174k 19 $ 25 27 0 18 20k 28k 71k 20k 21k 7 49k 4844 56 55k 22k 22 39 38k 48k 87k 21k 68k k 32 48k 88k 21k 68k 26k PnAWA 85 85 ’A 20k 28k 71k 20 21 32k 26 Ilk Vk 9 23k 25k 11 87k 13 15k 28 22 120 15 38k 10k 38k 19 24k 37k 10k 19k 2k 37k 16 25 k 67 15k 118k 38k 10 38k 18k 28k 3644 1044 19k 2k 18k F— $ 25 I 10 $ 9 15 7 42 $9 14 27 $44 12k 2044 4k 33k 21k 2744 8544 48k 31k 38k 50 23k 88k 57k 20k 11 26 14 Ilk i 89k 10k 38k 29k -- G5 II 7 172 93 25 18 37k 17k 8 28 13k $5k 39k 7644 79k 32k 23k 30k 79 23k 47 31k 47 51k 3244 ParamP V5k 7044 12 19 4l4klk - 108 1 —1 31k S1H Jlk 28k 35k 58k 53 554A 55 55k 7 19 38 58k 55 32k 17k 50k k - -J- 13 13 27 49 4$ 12 17k 12 — —1 20 PbSE G260 Puoet Sp Pullman Pullmn 140 PureOII l$0 Ik V4 58V4— — 17V6— 44 A— k UV4 k 40k 10 88k 85k 6 74k 31 37 9 18 20 77 50 2 65k 70k 80k 37k 27k 78 15 25 31 11 32 471 k 3'k 73kl 44 73k 72k 8k 844 58k 51 4$k Hk 2144 24 26 13 127 -ls 20 k 154- 8- kVk 49k 4k !0k 57 k Ilk 33 V k k 88 8444 78k 78'4 — 144 k 69k 69 69 25k 25k 22 53 53 25k 36 35 k 1 12 1244 36 3$ 12’4 27k 55k 2ek 26k— 5k 251 15 Ilk Ilk Ilk $3 5 tlk Ilk Ilk 5k 36 101 10 102 25 216 $ 6k V4 44 V4 44 44 44 k44 k'A 55’ie — 55k 5k Sv4 50 15k 31k 49k 50 10k 10 10k V4 44 V4 434$ 44k 44 4 151k 151 16 32k H 42 -- T- V4 1$ k u2k 79 78 38 71 73k S3k 29k k 29k 29k 82k 8144 -- R- k 56k ' 3744 7$ 3644 2044 115 44 k 25 3044 10 53 3844 k— k 04k k k k k 4k 45k 4644 4444 06 28 25 5 12 1144 12 28k 9'k 28k 8jk 83 104 J8k 4— 21k 21k 716 — 38k 181 83k 82k 51 3k v044 82 k 18k 18144 176 88k 43 127 7 15 9 2 185 V4 48 5 k ‘884 82k 58 1 —1 58 jV4— 14 aBk 66V4 !k 80k 80k— lk I 35k 35k 354 44 37k 37k 37k— k 25 Ilk Ilk 13 34k 24k 76 12 28 77 1 X 1944 12 14 24 18k— V 84 38k Total American 74k X lk 71 17 65k 24 97 25 15 9 $5 35 45k 14 39k 11 Ilk 5 17 151 84 87k 82k 82 k k ’18k 18 89k 42 28k 4 89k It )lk 2044 78 1$ - 2244 k 2314 2444 88 5 48 38k 47k 29k k k k14 1 Sal Sales In $1000 ICIosel Chgi 2 Mk— V4 CenPac4s 5 98k M'k— 88 Celanesels 15 21 8188— 88 Chl$NW8kS 65k k 1 35 147 10 91k— k DowChcvJs 1000 In iCIosal A1lledCMt 20 6 Am&FPw6s ATT3 do3 Ch 91 V Xk 3 9?k — do2i AT4SF4I B0sO4s2O1O 4 $944— k k Erle4ks GenMtrsJks MKTlst4sB Total New York bond sales Tuesday Total Amerlcen bond sales Tuesday 111 12 13k1k Seles In $1000 ICIosal Ch 38 74 88 MoP5s 35 76k— 'A do444s 41 7484188 NYCnt5s 42 4k NYNH$H4ks 73 11288 PhllllpsP2V4( - 26 99k SoPcOr4ks 2 84 — UnPac2ks $10170000 1963 to date $143939$3X $300000 1963 to date 76144000 25 91k 94k k Xk Xk— k llk 52k 52- k17k 74 4k '3k 85 k 884— 28k 49k '0k M’- 4- k k k k k k US Treasury Dee 24 (API— Th date $ yew ego WASHINGTON corretpondlm cash position f wltti the Treasury compered Dec 19 1982 Dec 19 1981 $ 359251970333 $ 708353841072 Balance $ 3077163117413 $ 4841531607654 Deposits fiscal yew July 1 S 5730037730434 $ 59 928 251 8633$ Withdrawals fiscal yaar $30424807503337 (X) $31024929077215 Total debt 14 $ 1397807421959 24k 24- k$ 1558236058343 Gold assets 86 84 (x) Include $384181 10355 debt not sublect to statutory limit 38k 30k 19k Xk 154- 435k 38 88k 87k 6lk 11 k k 3k 18k 38k— 11 l8k 27k 2’k— 17 52 10 12 11 2444 444 67k 83 2344 8) 15 2 15 4444 k 87k 27 22 27 23k i Tuesday's Quotations 6ok 68'4lk Xk Xk 80k 84 49k 48k 4I4 k 14 9 38 41 75 5V4 309669247 to data New York Bond Market — N — 1 56k S6k 82 1963 1900000 aharasi stock salts Tosaday 4 14 k k 88 87 29k 29 k 85k 45k 85- k- 84 k SALEStSEHVlCEtPARTS VOLKSWAGEN havt fgw ponl truck for immodiatt delivery W k k 4- 15 n Ind T1 05b Kaiser Ind 20b KngsP Low Last Che Kirby Pet LkyFr 155b Mead J 68 Mlybden lid MtStsTiiT 1 NatVdo 25b NJZinc 1b New ParkM Ogden 50b 766b Okie P6rf Photo Seeburg ShafD 10b ShermWm 3 Sonotone co Std Mt6li Svnfex Tch 12bg Textron El UMa So 40 Watth Prtc Webb&Kn WestnN 05b 14 36k X k 52k 53k 105k 15 88 ' lXa NEW YORK (UPI)— Selected stocks the American Stock Exchange today 19 88 4984 Tuesday’s Quotations Xk 53k 33k k Vk Xk k k 30k 13 37 85 49k X 28k— 14 3$ 10k 5 51 132 k 15IV4 31 12 53k 20 47k 10k 1 X 10k 944 28 71k 70k 36k 28 Xk Walgreen 1 Walwth Ward Bk WarnPIc X WarnLm 70 Wash WP 2 W VPP 120 WstAIrl lX Wsth BnC 1 WstMd 50b Wt Un lX Wst AB lX WastEI lX WhaelSlI lb Whlrlpl lX WhteM 110 Whlta Strl WllcO Xa Wilson lX WinnDX 100 Woolwh 280 Worthlngtn Wrtgley 3$ k 56k 46k 44 3 31 2844 Xerox Cp I Ygstn ST 5 YotSD 105b Zenith 120a 3 41 33 5 1 88b k 14 18 20b Vanad Varlan VaE&P 104 VulcanM M k 21k— lX lX Authorized Dealer $ 234- — Vk 7844dk k 28k 33 23— 30 2- A Very ?- 52 5?— Merry Christmas Inquiro about our budfltt plan on part ond torvlco From The Staff At 1 55H— 46- 747 — 1 Continental Agency ISO I 4th South DAMliy Salt laka City Utah 13 91 88k 59k 59k k -k 32k 171k 166k 4k 4k Il94 80 7j'— k Utd Pk Cm Utd Utils f UdGsIp 80 UdShoe tX k US Borax USGy 2 60 171 8k US Indust 04-4- 44 USPIp lX 73k USPIC 110 k V4 US&ESC 4444 USPIvwd !9k USRbr 2206 82 -US Shoe USSmelt 2b USSteel 2b USStlpf 7 UnCyS Uplohn UlahPL k - 39 55 43 43 38 46 47 31 N 73k 8044 k 3744 44 USToto -k 4- 117H— 49 24 39 41 47 k 5V4 39k 80 50 44 21k 28k 17k -0- 72 'A OklaGE 28k— A OhloEd 190 ONG 140a 85k Olln Math 1 44k X 18k OrngLR Otis El 100 k 33 31H 34 39 54 56 44 44 39 46 47 39 13 Vk— 31 14 43 51 53 41 17 47k— 87k 73k 11k 7 109 UtdFrt M Utd Gt lX k k k 69k 70k 80k 8044— 38k 3844— 26k 27 9 lX 51H 51H 14 k 21k— 44 214s V4 1 — 85 I 29k J5H 29k 99 44k 43k 43k 48k— 4k 87k— lVk NIB 197kb 4k Nat CR 2144 68k— k NetDry 2X 120 26 — k NatDiit -- 4k NatGyp 2ag 237k— Ik NatLd 3kb 31 Vk— k NetSt 70ag NatStl 165b Nat Tee M k 4k NevadPr 60 25k k Nwbry 25b 67k Vk NewEE 11$ 1544 NewmtM 1 Vk 119 NptNS 240b 38k k NYCen 506 k NYCLSL 2 k Vk 3044 NY 18k k NlaoShlpr Mots 2 4k 28Vk Nort&W 5a — Vk No AmAy 2 1014 No AmC W Vk 19k NoNGs 180 2k 37k Vk NoPec 220 Norfhrp NoStPr 13$ NwstAIrl 16 5k 5044 5044 47V $2k 62k — 22 27k 26k 27klV4 61 11 -14 k 26k 7344 3844 65 - 2328k Intvrt k 39 39k )VU lk k— lk 90 VnAS 41 - 39k 76k 28k 31k 43 54 41 17 49 15k— TrlCtl 157b 20thCFox 41 3544 35k 3544--k 41—14 41k 41 38k 31k 38k 10 k I3H 31 $lkl 5144—1 8'4 k 33k k A 8544 2544 2644 22 k $744 85 11 51 16 9 Me 17k 30k 27k 53k— 44 Trsem 80e Trnsltrn -- K- McCrory McDonl lag McGE 140 4k Me Grw HI 1744 8 2144 153 63 30 30 46 10 45 -- k 33k 33'k- -l 29k "294$ 23 53k 81k 80k 52k 5144 36k 35k 3844 35k 38k UnCbdt 360 Un Electr 1 UnOCal 2ag 32V4— k Un Pac 160 28 k UnTanK lX —lk UtdAlrc 2 89 V- 4- k Utd AlrL X VA Utd Blsc 44 UtdCp 89k 35b 60k UtdEgF la 45- XA 12k 28V4 23k 81 'A 80k 49k 49k 80k k 44 103k 101k 102441k 88k 88k 86k — 44 JO 15k 44 58k 44 8U4— 8 18 331 X 31 81k 41k 8544 4- 54k 1044 I1V4 5944 17 704- 58k 53k 80k 10 VA 70 ‘A 8744 23 16 2144 — 9k 87k 89’A2 11 21 21 16 PrctrG 180 k 44 3044 15 8 50 38 123 Stl Plough Polaroid k— k ’A k k k 53 8k Pitts k 10k 15 12 k 70 88 13 53 $8 59k 59k 108 26 102 80 16 $85 - k k 304$ 10 78 168 $ 2 PrkeDv la PeabdyC 70 IPenny 120 14 33k 32k 32-k- H PnDxCt- - lb PennPL 11$ $3 24k 23k 24 506 PennR 4 51 k 51k 5!k 40 — k Penn Salt 40 7 40 14 19 SOVt 7944 79k PepsiC l$0 Pet Milk 28 44k 44k 44k 11 2444 15 15 k Pfizer 80 12 2 344 lb k 44 k PhelpsO PhllaEi 132 83 487 k 483k 28 5844 58k 58k— V4 PhllMr 360 2 PhllllpsP J 7k 7k 7k Pllsbry 160 218 68k $8k $844—1 44— k Piper 120a 23 15k 44— k PtsPG 280 18 25k 80 k k k k — 89k k 23k 214444 83k 834- 4- k 52k 5244 k 20k 20k 85k 83k 38k 83 V4 -k KIA 74 X 31k 10 Pants 220a McKesa 190 1144 Mead 574- k- 4k Merck 110 10044 2k Merritt 22k-- r 'A MGM 150 VA 30V4 MldSoU 11$ — 8'A Midi Rosa 3 38k— 4k MlnChm 70 59k— 4k Minn Hw 2 54k— 2k Min MM 90 21k— k Min PL 180 $4k Mlssn 80ag 4k Mo KanTex 17k MoPac 4b 120a 20- k- Vk Mont Mnt DU 140 28H Pw 112 Mnt 71k— 4k 88b 4k k Montac 1 Wrd Mont 21 4k 32H VA Morrl Kao 1 49 — VA Motorola MtFuel 180 44 22k 4k Mur GC 130 239k 237k 32 ' 31k 1 1 k 22 2244 — Falstfl 180 FemllyFn - 42 'A 494k 42'A -- E — EaglP East AlrL EaGs 160ag EStl 22kbg Eastm 225b EatnM I SO ElginNWef EIStB 1 60 EIPso NG 1 EltraCp lao Emerson El 80b EmerR End Jn Lack Erie ExCello 160 Donald A Holden has opoly on import of crude oil and Assn By requiring been named the president of The petroleum products WASHINGTON DC Federal Power Commission private refiners purchase crude Newport News Shipping Co of from the state Shipments by Tuesday authorized the sale Card Den the steel industry will rise five Juan San the natural gas from Gen Acp 1 Gen Bk over cent this January Basin of New Mexico by Pan to ten per Gen Dvnem Iron December Gen Elec 2 to El Age predicts Co American Petroleum Gen Food 2 20 GenMIll William R Paso Natural Gas Co involving Lionel Corp has authorized pur- built GenlMot 8b a $10742300 transmission con- chase of four firms for $4200-00- who has always held GenPrn 120 GenPU 121 Horsman Dolls Inc Airco struction program GenStll i Co Publications 8 C E GenT&E Supply 50b GenTR contract calls Inc and E C Creations latter THE Ga Pec la GePac for initial price of 13 cents per two being associated with “Mad Glllett 110a 1000 cubic feet Glen Aid 50 Comptroller of Magazine” Glldden 2 Goodrh 220 El Paso would build the trans- the Currency James J Saxon Goodyear Meaa for owned by has approved charter mission to the reserves Gr Un 60eg GreceWR Pan Am in San Juan and Rio National Bank at Grand JuncGrant 120 O New York Times Service GtAP 120a tion Colo turning down charter Arriba counties New Mexico Gt NPap New York Metal NEW YORK-T- he Gt NorRv I of another group represented by Spot 80a GtWSg to recover 28 Canada’s Stock Exchange plans NEW YORK Dec (AP)— Spot noiu Grtid lSOag Robert L Nagel ferrous metal prices Tuesday: Copper 31 GrumA 50 In Incurred should national j liquidating Leei expenses product cents e pound Connecticut Valley gross GullMAO 2b Zinc York New cents a 12k pound 011160 & 1964 Gull Co in Ira Haupt hit 45 billion dollars In by increasing cents a pound East St Leuls Tin 132k GulfStUt to members oh floor a pound New York Foreign ellver 1793 ' President Joao Goulaxt of Bra-ti- l continuation of good limes says its charges York Quicksilver odd-lo- t trades per troyflpekounceNewNew Halltort 180 York decreed a state mon the Canadian Manufacturers transactions and Press 41 494k 4144 56 $ 14 1$ Flrestn lag FlrstChFd A bioc lated 894k 51 FalrbWpf FPC Okclis Pan Am Gas Sales to El Paso I 1$ 12 22 3 1 $9 r61 Vitro Expands Montana Claims Here and There in Business 12k -- D- unit 7 91 k $5Vk 52Vk 31 4k 53 31V4 38 40 74 l't AA 1 PacLt 240 Pec Petro PcT&T 120 Pack Bl Marguardt May DS 220 1344— 4k $6 44 53 31 'A 8344 II 197k at 5 85k 6Jk M — 88k66 'A 21 44 44 k 5 -- PPec GEI Mack T 100 Macv 220 Magma 85b 90 Magnvx Marathon 2 MarMd 110 MarIRk 140 Marsh F 140 Marl Mar 1 earlier 35 24 24 76 3244 83H 70k 70k Lik 1244 a 35b TexPL TexUt 65k144 Textron lX 8V — A Thiokol 51 3114 44 TRW 145b TldeWO Tlmkn 240 xk1 A Tran — k Trans WA TransWA 14k 15 LearSleg Lee Rub Leh PtC 1 Lett Vind Lehmann 60 Leonard LOPGIs 260 LlnoTemeo Lib McN 41 LlgpliMy f Lionel Link wit 240 Litton 2k I Lckhd 140 Loews Thtr Lone SCm 1 Lone StG 1 Lor II rd 250 LouNash 4b LukensSt lb a Eggs (prices by loose dozen)— Grade I llt in y 8$ 5$ I 31k 31k Kennactt 4b KerMcG KernC L240 KlmbClk 2 Koppers 2 Korvatte Kresg 1206 Kress 256 Kroger the 15 25 15 18 8$ 88 18 k Texlntr 41- - 7044 V4 744 88 86 83k 03k 588 StrchlB 90b 85 Sterling StoneWeb $ Studebakr SuburbG 58 SrayDX 140 Sun Oil SunshM 80 Swift 160 Poor's Closing 500 §tock Index & 71 Steutfer X OutbrM 50b Owens CF 1 PILIIO a A Large 8$ Medium 40 B Large to 400 Vitro exploration manager Cheese 40 lbs Rlndtess Bloch 41 3 lbs 43k Mild Longhorn 44 E&M J said the concentrates would be shipped to Vitro’s plant Sandwich Loaf Butter: 9$ Score 72 92 Score 70 90 ’ reduction 8$ for Score at Salt Lake City public utilities 10 Industrials 10 Dec 24 (AP)— II J Dairy Market lnd grade rails Vk - deposits” PAN OUT the firm would construct a concentrator In the area says Cecil Smith bonds high grade rails TexETr - lb DEVELOPMENTS 10 10 86 TexGiT 170 M TexGlPd 30b TexGSl 12— Markets Vitro Minerals Corp continues to expand its gold claim to Engiholdings in the Judith Mountains of Montana according involved in were claims Nine & Journal patented neering Mining the latest deal 18551 80 6 79 23 TennGs lb Texaco 2a -- Livestock a 137 95 II 23Vke23Vki 238k 27k 2b Grain Futures 17589 Vk Vk Vk - II II 18V4 Ilk II Standard 'A 273 1388k 1378k 130 171 288k 27k 28854- - 8k HamlP 120 1 228k 22V 228- k- 'A HmdOrg 185 18Vk 178k 17k— Vk Hanna HarWIk 110 38 8k 388k 388k 10 HarcPd 75b 123 858k 888k 85 2984 30Vk!Vk Hershy 70e 1270 308k Hewlt Pack 21 30 'A 298k 308k 756 ' 22 31 'A 31 Vk Hilton 31 HoffElectr 184 688k 88 $8—88 HollandF 59 85 'A 8884 45'$ 8k 13 10784 10784 1078k — Homst 180 Hook llOag 2884 29 12 29 HouseF 10 218k 278k 278k-- Vk 888k 88 Vk— 4k HowtS 41 406 14 87 Hupp 4- - Vk 51 47 5784 57 Vk 38k 38k 388 38k 91 $7 $584 $584- -1 110 Vk IdahoP 12$ 2284 228k 2284 Idaal Cm 1 BIII Cant 2 III Pwr 120 49 9 50 IngRand 3a 3 12 Inlan 12 l$5b 23 385k— Vk InsCopr 180 4 345k 385k Intake 98k 10 7 10 IBM 5 84 35 388 12 35 IntHarv 240 51 5184 20 51 84 7184 7284 42 73 InMInp 30b 2 13V4- - 8k IntNIckel 1384 25 14 40 'A 808- 4- Vk IntPeck 3 40 A 28 16 8- k- 8k IntPipeIX 228k 238kl5k 102 23 dopf 475k 47 8$ IntP 105a 58 47 Vk 44 IntRectlf 24 36 35 84 IntShoe 230 318k 315k 318k IntSllv 265k 2884-- Vk 14 2884 'A Int T5T1 155k 1584 22 158k 4k lalll Gee 2 38 38 76 3884 12 65A 685k 8884— 14 la 32 4584 458k 458-k- Vk IslCrCoal ITECB 156 9 83 'A 425k 78k 27 I 56'A 15 5884 108k 532 1084 JewtlT Johns&J 12 338k 33 'A 3314 — Vk JohnsMan 1 18 15 118k L 250 Vk Jonas 20 13'A 13k 13k 1 1 158k 158k 158k Joy Mfg 42 428k 81k k- Vk 4k 238k 24 199 24 KelserAI 90 -cKaCSo 2Vkb 2 KelstyHa 7c L 758 $8 28 (AP)-S- eles Dec NEW YORK closing price and Ml change of the 10 most active stocks Tuesday 85200 I7H — $8 Chrysler 80100 21k — $$ Sperry Vh Brunswick 108$ 53700 at rate risk Proposes Exploration Changes Chf Clta —188 — 57 — 19 — 31 Ten Leading Stocks rate lc Cleea Lew Vetume High (08900 78518 757 87 9$ 300 178 $1 17877 85500 13$ $7 13750 551500 28759 2887$ Industrials Ralls Utilities Composites a add a product A 110 61 56 22 23 4 117 116 2 24 31 119V4 4 Left Chf Low I Co Hogle Member of the New York Stock Exchange A- I 22k 22k 22k — Shelter 1 Sb Shertn Simmons 2b Sinclair 2 Singer Mtg SoMob 240i SCalEd 10S StlsnCo 17 Smik Fk SoNtGt 210 SoPec 180 So Pee So Ports SoRy 2M Rnd Sperry Sntegel SquerD 12 St B rnd LX Std Kotllsh StdOCal 2 StOInd 2sg StCiNJ 2ub StOO 2806 StdPack StnWrn lX Smry 12kb Sfaufer Dow Jones Averages Tuesday’s Quotations rcent- 300 4 h --- The New York Stock Exchange: Final Quotations AUeeLSt AMegPwr AliiedC 110 Tuesday's Quotations St 3 AlHed 50b ANiCh AIPC 07b Aim Ltd 60 one-quartlf Alcoa U0 AmeiSg Amerada I Am Atr 1 Am BkS 2 40 AmBdP lea Am Can 2 Am CC 250 - THE BANKS WHICH HAVE BEEN paying four per cent Am Cn I la AmCrySg one-ha- lf and and three of on savings year maturity AmCyn 180 annually AmE 116eo from retreat deposits don’t anticipate any 64 per cent on AmAPP AmrH 144a this Am MFy90 AmMc 140 I There’s a good deal of talk In money circles about the bank AmMotr la four and going up during the next six months It’s AmNtG 160 prime AmPtsh on loans cent now (The prime rate is that one-ha- lf AmResearch It governs AmSmt 280 Charged by commercial banks to their1 best credit AmStd 80 lALSt all other AmStd 10 Bristol Silver 5000 tt 5c 14)00 at Sc 90 AmSugr Coo PM 2000 t $175 ArrEWWk Chlgf WHETHER THE PRIME RATE goes up or not depends on Clayton Silver 500 at 31c AmTT 360 AmTob 150 Coni Eureka 2x000 at 13C 200 at 15c Tuesday’s Quotations the impetus Ih the economy The federal tax cut bankers say 1000 AmZinc 1b at 13c New York (UPI Inv es national 1333 457 Ampex to the to cent seven five 1c 625 500 at at 4000 at Croff gross growth 1c per might atlon of Securities Istel Fd 3574 3444 Amsted 160 East Utah 400 at 35c Dealers Inc Ins A Bk But long-termoney rates have tended to harden In Goiconda 100 at $375 Ancda Bid Asked Jhnitn 13141384 AncWC 50b Kashmir Oil $6 25 at 16c 234 256 KEYSTONB recent months Abtrdn AncH G140 Kenneec 1500 at lie Adv Fd 700 772 Inv B- -l 2447 25 54 ArizPS 80 and rates in some Increase The forecast is for municipal Malestlc Oil 100 at 15c 900 at 15c Affil Fd B09 $75 2 Med 2344 557 Armco St! 3 16 89 18 43 Am Bus at 65c 100 at 07c 3 406 439 LPr 140 there’s considerable federal government pressure to end the tax 50 Mammoth 4 50 at $625 '0 at $750 Am Grth 654 707 DIs 1021 114 Armour 180a Am Inv 16 37 1637 Inc K916 1000 ArmC Park City Con 675 at 4c 20 AshldOl exemption status of such municipals 2 960 1049 Gth 525 574 10000 at Am Mut Royston Coal'n 2000 at Asso Fd X 152 167 HGr S--l 22 50 2454 Atchls 120a T'Vjc 5000 at ftc 7000 at Ic 4000 at Sc 2a AtICstLn In Asso Inc 2 1276 1392 2000 at Ic Atom Ph 471 515 APP 3 15141652 AtIRaf 140 AxeH A 571 621 LPr $--4 429 49 Aflat Corp 9 04 983 Keys Int 1459 1579 AVC Crp 2 AxeH B 80 AxeH St 398 435 Knlkr 6 54 717 AvcoCp 1094 1189 Knk Gth Axe Scl 690 756 Blue Rid 1209 1321 Lazard 1712 1800 Babcck 172 Bnd Stk 1137 1243 Lexing BaidHm Bost Fd 9791070 Life Inv 1825 1995 BaldLM 40b 'According to the Utah Mining Assn Interior Secretary StewBroad St 1421 1534 Lite Stk 715 779 BsitAO exin the present Bullock 1343 1472 Loom Cn Udall has proposed major changes art 50 Basiclnc 780 8 52 Loom Calif Fd sa for mines Bathlr 225b Can Gen 1716 1675 MANAO FNDi ploration assistance programs BeatFd 140 97 Gen 1831 180 Fd Ind Cdn 1692 — 24 (UPI)' CHICAGO Doc Hogs 144 179 Beckman 11111214 Sped active barrow moderately gilts CdnGrth THE CHANGES WOULD INCLUDE “(1) joint participation 4000) sows 5 Life 1151 1261 Mass Gr 826 903 BeechAc 60 and steady to 25 higher) mixed NO Cap in1517 Cent Shr 1532 1674 BeechL 110 Mass Tr 1658 an 0 3 lb barrows and flits 1575-142- 5 Chase Fd 4 50 710 Mass U by mineral exploration companies and the department (2) BelcoPat Individual iV35 1341 Sec 240 BellSrH Med in Fd 1224 Chem maximum crease in the government’s participation Cattle 5000 no calves) trading no Colon En Mort Gr 469 733 Bendix 240 slaughter steers and hatters actlvei Colon Fd Mort Ins' 915 003 Bestwall ventures from $250000 to $500000 and (3) expansion of the def- steers 50 higher! halters 25 to mostly A&B 1701 BethStl MIF Fd 1573 141 mineral strong to 25 higher) cows steady to 25 Cw inition of ‘related development’ in joint public-priva- te MIF Gth 163 453 490 BIwKx 140 C80 not enough bulls for market Cw higher Cwth Inv Mut 902 1055 969 1076 BltssEW 60 Inc lb slaugh2 loads prime 1250-127-5 development contracts to permit development work to go beyond test) Int 1009 1103 Mu Shrs 1489 1499 BoelnoA 2 lb Cw choice ter steers 2375 Mut Cw Inv 1003 281 Borden 190 Tr 275 1096 mineral of furrent delineation and sampling slaughter heifers 2075-217- 5 16 62 18 16 Net WS 2221 24 02 2 Cw Stk 500 slaughter Comp Bd 932 1013 Nat Inv 15 45 1492 BoroWrnr fairly active Sheep BostBd 132 lambs steady to weak) wooled slaughter Comp Fd 851 925 NAT SEC SER: Briggs Mf choice end ewes gnehenged) prime Concord 1225 Belan 196 307 BrstM 145b bulk wooled slaughterlS0O-190-lembs 1950 Bond 617 474 Brnswl 30b double deck Cons InvI 1950 2100 Dlvid 0 lb choice 427 467 Buck Pipe I Cnsum 90 shorn around lb choice end prime Pf !k 724 791 BucvE Cont Gth 60b with No 1 pelt 1650) cull Is food wooled Conv Sec 793 $67 Incom Budd 52b s slaughter ewes 450-45- 0 Corp Ld 2054 2239 Stock Bullard 25b Crown W 637 696 Grwth Burltnd 140 ‘ tock Dec 24 1 deVgh M 6247 6310 Nat Wst Builders A P Neilson and Ben Davis with lnsuranceman LOS ANOCLKS 1129 1234 New En 11581252 Burroghs Decatr trading In Los Angeles are feedlots of f4iil Dele Fd 1017 1111 New Hor 952 962 Purcell and seven other Salt Lakers propose purchase Artesla: Cattle 400) (laughter steers and heifers Diver Gr $93 979 NY Capit 15221522 CaIPckg $0 the Aviatioft Club of Utah property from the Ambassador Club slow Cal&Hcl 80 for accurate test of trend) slaughter Diver In $93 979 Neast IT cows active steady to 50 Dlvid Sh 344 37$ NCE Sh 12531169 CalahanM moderately for $190000 One Wm 13481473 CampS 220 In higher bulls active firm feeders not DowTh 1536 1788 Can Dry 1655 016 Opph tested salable supply Included mostly DreyfusBal 1244 1344 Penn Sq 1798 1798 CanPac 150 Eatn helfere— IndividGEORGE SNELL WHO HAS RETURNED temporarily as slaughter cows slaughter 783 8 58 Car P L 188 Eatn Stk 14fl 1525 Peoples 1850-191lb standard ual good Inv 4 71 515 Phils Fd 11001293 Carrlar 160 0 eows-h-igh utility Elec manager of the Ambassador Club confirmed that the offer had 750450 lb 1175 1175 Casa J I 2221 2221 Pine St 1430-1- 5 Energy Holstein 15 bulls— utility 9 20 10 05 Pioneer been made and accepted ‘‘although no papers have been signed" 1270-1- 4 30 ee nner 1100-127- EquityGrth 10241120 Price TR 1586 602 CatrTr 120 cutter 00 Fed Celans 160 10 449 Celotex The purchasers would pay $40000 down for the property at 610 Calvesfew 300heed 15 999 084 Provldt Fid Cap feeders not established 8 75 946 Fid Fund 1704 1844 Puritan CntS llOag E South Temple once the home of Park City mining figure slaughters rather slow fair demand Fid 63 16 1522 Trnd 16 60 1604 Putnam Ind slaughter about steady (laughters Fid Mut 904 990 Put Grth 177 958 Century Carro 110a year (in- steady David Keith The other $50000 would be paid out in 5 lb 1925-237standard 6 89 DIs utility 753 475 434 Qtly FIF 60 Certntd assume a lb 15 Fla Grth 594 449 Resch In 10801180 Cessna 1 cluding six per cent interest) and the buyers would 12 64 1374 Revere Hogs 25 not established Fla Mut 110 A N Utah ChpSP of Bank First held the Scud Can 1432 1472 Security Fnd Mut 4 42 Sheep none by $100000 mortgage Champl 120 City of Industry: Foursq F 1107 1210 Scud SC 1865 18 65 ChmpPap 1056 056 Fnk Bd 25$ 284 Scud Stk 400 cows the Chtnnetron Cattle were comprised PURCHASERS THE slaughter buying ME SNELL SAID 1008 1090 743 138 Sel Am 4 bulk receipts moderately active steady Fnk Ut 1446 1578 Ches Ob Shs Am to 50 higher bulls scarce fully steady Fnk Com 452 717 as a “speculative investment’’ 2 86 Swst Inv 848 917 ChMSp8P 260 properties Fnk pf ChliNoWst classes not tested slaughter cows— other ' In Sovr 1464 1603 Hatsis owner 828 762 Club Am Fund Manhattan Tony He also confirmed Individual high utility 14 00 most utility Fund Inv 1021 119 State St 40 50 43 25 Ch RI&P I ChrlsCraft 0 breeds 14 cutter 695 755 Stein RF 3667 3867 bid on the Aviation Club of Utah property but that dairy Gen Inv had made 1 00 canner 1100-1bulls— Individual util- GROUP SEC 315 315 Chrysler tk Stein ClnG&E 92 0 Lakers ity Holsteins 2000 cuttar Inv 670 735 Sterl Aerosp $he bid was not as high as the other Salt CIT Fin 160 Calves none 1 El 751 Telev 819 1450 1326 Com Hogs 50 not tested 222 1336 CitSvc 260 Tex Fd THE KEITH HOME AS IT became known In Salt Lake City TwnC G 443 4 84 ClarkEq Sheep none I Twn C 518 5 66 Clevlte 180 H UBS 1078 178 Coca Cl 270 actually was built by banker and mining man Matthew Fd OMAHA s Hogs 1500 Colgate 120 UNITED FUNDS: and gilts under 250 lb 0 Wfllkpr higher 458 15 93 ColllnsAk heavier strong to 25 higher sows strong CollnsR 20b this 28 2 the obtained 1342 Club year Ambassador property The 0 to 50 higher 0 lr lb 9 80 1055 Colo 0 Is leased to lb 1475-153-5 280425 CBS lSOag The Club lb sows Aviation the with property 788 899 upon 1125-130- 0 Col Gas 11$ 1863 the University Club while new quarters for that club are being 753 823 ColSOE 240 Cattle 4500 calves 25 stsers and haltConsuPw 577 328 ers steady to 25 higher cows mostly 25 constructed at 136 E South Temple 317 388 ComCr 160 higher high choice and prime 1158 lb Com Sol 10 558 0 steers 2250 most choice high Aviaold 970 060 CmE 180ag choice with end prime 975 lb heifers THE OTHERS JOINING IN the purchase of ConEds 3 30 1088 1167 Mut Wsh 2185 choice 2075-212- 5 and low Well Fd 18331562 ConNG 230 tion Club properties were described as members of the Ambas- - commercial cows 1150-130- 0 utility Con Col 160 West Ind 13391869 Contalrsr 90 Whltl Sheep 1800 slaughter ewes too scarce sador Club and former members of the Aviation Club ContAIrL for test wooled lambs steady to 50 Wlnsor 798 I 68 ContBk 220 Wlnfld higher shorn steady choice with few 702 759 Cont Can 2 Wlscon lb wooled Iambi 18 prime 0 Contlns 2 choice with some prime lb shorn ContMot 80 lambs No 1 pelts 1150 Cont Oil 2 Contrl Data ContA I0ag CooprB 180 CornlngG wildcat to second CornPd 180 Calvert Western Drilling Co has moved CraneCo 2 Tuesday’s Quotations location CrnZI 110a Big Flat Grand County following failure of its first CHICAGO Dec 24 (AP- )the from ashed end bid prices These Crucible 80 DealNational Association of Securities three ventures to find commercial oil In the Cane Creek marker Cudahy Pk transacactual not represent ers Inc do CurtlssW lb section of the Paradox formation tions They are a guide to the range have could securities within which these been sold (Indicated by the "bid") or Dayco THE FIRM’S NO 2 WELL will be located 2234 feet from bought (indicated by the "ashed") at tha DeyPL 100 6 Deere 240e Towntime of compilation line Section west the from the north line and 1893 feet DenvRG Industrials Oils Utilities is on the DelHd 20 This East part and southerly 26 South Range ship DetEds 120 Die Aik 110 The first effort of the firm in the northerly area of the DlaNat DlnersCb M failed to obtain production after interesting shows Disney A verdict: permeability was low in the formation DlstSea 180 DrPeppar 1 DouglasA SI Dow 160eg Dreser 120 Dupian DuPnt 744b Dug Lt 12$ IF 15 f iihwnt NIMIaltt CHICAGO tvenlnt-umixed) Corn— Silently tlrmeri ecettered trede meeoer Heed v) Oete—About bwlne trede Soybean— Mostly tower) light sellHose— Higher) top $1415 Cattle— ing Hlghw) too 2175 ' December 23 I9G3 Mines — Markets —Finance Wh$-Nwro- Bemlck By Robert Tribune Business Editor No major changes In Interest rates charged borrowers In the area is seen in the first months of 1964 it was reported Tuesday None of the federally insured savings and loan associations w’s plan an advance in their dividend rate on savings shares past 4)4 per cent mark The Tribune learned in a Check And there aren’t any moving backward either— to a lesser rate of interest j— unless forced to do so by a pending regulation of the Federal Savings find Loan Insurance Corp affecting reserves Western Savings and Loan Assn which last year cut the rate from four to three and and one-haper cent is expected to post a new te for Salt Lake and its Portland Ore branch at around 435 rate per T Markets in Brief OFRCFHOUR5 I?! 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