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Show Villi' y v j i y i i ," rr rf T'rr y NEW YORK (API Stock Higher; moderate trading. Bonds Steady. Cotton H igner. Chicane Wheat about steady,-- meager grade. Com Steady 0 firm) light. demend. Oats Steady to firm) speculative sup. port. SoyBeana Firm) moderate aeneral demand. lower) top 1B.S0. Hogs Slaughter steers Supply meager) top Plugged Tidewater Well Points Up Costly Woes Over the Counter Quotations from NASD at approximately pm. AH bids are Inter dealer bds. Asked prices In national list ara Inter quotations do dealer prices. not Include retail markup markdown or commission. The asked prices In local list have been ad lusted upward to Include proximate markup. 1 National the 'sons for the relatively high cost " Utah drilling Tidewaters for profile with Pine a ridge feet high I trees and As far back as two years ago, wj YV"r company geologists believed there . was a pool of oil trapped in the Mr. Parker - , Mississippian formation about 12,- 000 feet below. Seismograph tests followed. m Around the Clock for 42 half-doze- n CPI New York Times AP ' 20 28 14 39 8 78 26 to- - lAncHO 1.40 Led Infgrggt stock huetatieM Cs.: AriiPSv .tl gished by Qgpp Witter Armco St! ) omltlod) In (00 hundreds All sals except for those designated (i) which Armur (.40 lots end carried ArmCk 1.10 ere traded In m full. DIVIDENDS: plus extra; AroCorp JO (b) declared or paid eo ter this year, AshtdOl 1.40 no regular rate, (c) payment on accumu- - Assolnv 1.40 leted dividends) (d) paid last year; (e) Atchtsn 1.40 cash plus stock; (9) annual rate plus AtICstLIne I stock dividend; (hi capital distribution; AN Ref 2 40 (I) per cent In stock paid last year; Atlas Corp I AvcoCorp (k) per cent in stock, (x) FRACTIONS: (f) Indicates following figure is traction in 32nd. 1.10 Babcok NEW YORK (UPl) Selected stocks on Bek) L H .40 the New York Stock Exchange Thursday: BeitGE 1.32 75 75 50 75 () A 50 75 25 75 15 00 40 00 9 25 29 00 27 25 500 525 35 25 27 50 17 75 51 00 18.75 22 25 36 00 28 00 18 25 51.75 1912V 22 75 500 525 44 00 5 87V 11 75 25 25 29 00 44 75 6 25 12 25 25 75 29 50 8.50 800 Garrett Freight -- Ideal National I.ML Freight Lockhart Corp. Magna Investment Magna Invest 673 National Securities Oil Incorporated Relienace Nat'i Lift Rogers Bros. Salt Lake Hardwart Security Leasing Sentinel Security Bonn Sylvan TexotaOH Tracy Collins Bank Utah Concrete Pipe Utah Home Fire Ins. Valley Bank A Trust Walker Bank A Trust Z C.M I. Zions First National Tax Points Drilling Bits Elsewhere Wyoming has no severance tax; Colorado has a tax, but the property tax is deductible, making it usually lower than Utahs two per cent occupation or severance tax, according to the Utah Mining Assn. However, New Mexico imposes a heavier severance tax than Utah. Mr. Meyer said the oil operators, by centering activities elsewhere, have fewer rigs in Utah and drilling equipment and manpower supply centers remain farther away from Utah. Additionally, development is a venture when compared to the large older fields of Wyoming and Colorado. The cost to transport drilling equipment is a major factor in the high drilling costs, Mr. .Meyer explained. Also, in Utah their initial drilling costs more in many cases while formations are delineated through several test corings. In more developed areas, the driller can eliminate costly delays to feel out formations that have been proven by earlier drilling op- . 6 New York (UPl) Istel Fd 37.55 38 30 National Associ- KEYSTONE: 4 11.141216 Dts ation of Securities 9.9910 90 Inc K1 Dealers, Inc. Bid Asked Gth K2 6.19 6 76 35 28 74 1 26 77 3 03 HGr 2 Aberdn Affit Fd 913 9 87 inc 2 14.78 16 13 18 20 24 3 55 64 4 28 Am Bus 4 Aprr 5 72 6 25 4 Am Grth 7 26 7 85 LPr 92 15 6416 71 Inti 5 623 Atom Ph 7.22 7 91 Kmkr AXE HOUGHTON 37 181218 7.11 Lazard 54 6 A AxeH 10 9411.96 AxeH B 80 86 ($04 Lexing 7.18 7 82 Bost Fd 1057 11 56 LHe Stk Broad St 16 26 1 7.56 Mass Gr 9.671057 15 18 16.64 iMass Tr 47.4719.09 Bullock Can Gen 21 62 23.63 Nat WS 20 23 21.88 NAT SEC SER: Cdn Fd 6 66 7 26 Cap Lift 9.3010.19 Baian 5.14 5 62 Divid FUNDS: 7.62 6 33 Stk Pt CHNING I ncom 6 46 7 06 FUNDS: 9 5310 42 13 4414.69 Grwth Baian 10 2411.07 2 07 2 261 Puritan Com St 16 21 17.72 12.71 13 891 Putnam Grwth 8 49 9 28 Put Grth 10 57 11.55 Inoom in Grth 10 2411 19 SCUDDER FDS: Scud St 123912 39 2.01 2.20 Sped 10 9711.87 Chem Fd 14.77 16.15 Sel Am 11 741283 iShBos COMMONWLTH Shs Am 17 37 16 94 FUNDS: Cwth In 10 36 11 31 Swst Inv 9 51 10 28 17.1418 76 Diver Gr 10 74 11 77iSovr In 44 03 44 37 3 85 4 22 State St Divid Sh 5 85 6 32 STEIN ROE FDS: DowTh 21 72 26 61 Stein R 41 47 41 47 Dreyfus Eatn Bat 13 38 14.76 Stein In 17 1417 14 Ftd Cap 12 61 13 74 Stem St 6 62 9 40 Fid Fund 18 23 19 71 iTelev El 492 536 Fid Tmd 20 76 22 57,TwnC G 5 41 5 91 87'TwnC 9510 9 Fid Mut 5 22 5 72 UNITED FUNDS: F.I.F 17 1918 79 2 50 2.37 Aocu Fla Mut 14 24 15 56 ncom GROUP SEC 614 6 90 Com St 15 2516 69 Scten 5 74 6.27 cn Ham hda 5 87 6 41 Un F Incrp Inv 7 66 8 37 VALUE LINE FDS: 81 13 55 14 Val Lne 6 65 7.27 Inv Bos Vd Inc 5 99 6 55 INVEST GROUP: 3.81 416 12 68 Val Spi 5613 Mut 21.54 23 41 Vangrd Stock 10 4011.18 WallS In 10 8411 85 Select Var Pay 7.67 8 56 Wsh Mut 12 64 13 61 15 2716 64 6 69 7 24 Well Fd Intcn 16.82 18 28 Inv Res 11.29 12 34'Wndsor Livestock Celanes Can Soy CerroC Certn-t- Markets start we A A A.l ..aejA,. an interview that the Carlin reserves would assure mining operations for 10 years. The ore was discovered in the same area where placer gold was recovered in the latter part of the last century. 80 03 1.60 70 I 20 1 20 PI 2 1 '8 11 68 12 189 46 18 37 54 57 ' 1 22 3494 39V4 384 594 444 59 674 SB7' 2614 22 3 39' 59' 44' 44V4-- 8 99 39 66 V 19V 1814 174 19V 174 V 39V 84V 39V 3V 444 44ft ft ft 66ft 174 3944 20ft 3244 37ft 454 V Dow C j9A9-.fJ- 7v vw 41V 41Vs 4444 744 6avs 2uv em 744 66v UV 13V 64 68v 66V StM 4 45 Vs 45V 49V 49V 774 53V &V 774 534 22V 26V 2av 574 6 58 4 45 10 15 90 39 9 $7 3 9 . 1 3644 45 ... 2av 58 519 ... 4 4 71H 4 564 Vs 24V - 19V 554 264 11 36 65 219 779 18 EastSSt .90g EastK 2 40a Eaton Mfg 2 E S B 180 EIPasoNG I EltraC 1.20 EmrRad .40 End Johnsn Erie Lackw ExCallo 1.60 11 80 Flrestn 1x20 FlaPwr 1.20 1.20 .90 - 101 17 55- 4- 264- -4 84 9V 28 51 150 50 53 151 50 53 22 38 1 53 32 13 28 540 71 27 10 41 FoodMrt JO FordMotr 2 .40 ForemD FreeptS U.S. WASHINGTON (AP) sponding date year ago: Treasury . GPrecn 63 58 50 53 22 38 MttPos 23 4B7V 1 00 2121 t Salt Lake Stock Exchange Thursdays Quotations Bid Asked Bid EastUtah EmpMlnes EurekaBul EurLIIIy EurekaSte Golconda GoldChain Grand Dep GreatWest HornSilv IndCoal&Coke KashmirOil Kennebec Keystone Mammoth NewPark NewQuInoy NorthLiily ParkCCon Asked Bid ParkPrem .03 .09 PrinceCon RicoArgen RoystnCoal SageOM SiouxMines SoStandard StandardMet 5 12V 05 1.35 .16 1 06 50 ,W 90 85 600 .25 .20 22 4 75 .60 TintlcLead TlnStandard 20thCentury UnParkClty UtahCon 55 .03 .10 500 100 SundOII 1 Asked 200 22 90 .06Vi .60 UtWyoOII WaterWond Wllliston YankeeCon 1 25 00 .08 27l 9 41 41 81 80H 57H 564 101ft 100ft 100ft 67 81 57 33 386 .08 40 80 - 17 44 39 77 'A ft ft Xk ft 3t 70V. 71 ... March 25, 1965 $34,391,721 00 Wednesday's Bank Debits Same Day Last Year 28,327,081 00 28 063,894 04 Thursday's Clearings Same Day Last Year 25,909,406.12 100 at 6 75; 23 NEW YORK (AP) Wool futures closed higher to .3 lower. July 17 8 bid) March bid; May 118.4 bid; July 118 0 bid. Certificated wool soot 116 5 nominal. Wool tops futures dosed quiet No sales. Certificated spot wool fops 161.0 nominal. .1 118 6 Grain Futures Tha Ranjat 5647ft 41 37ft 37f- t30 29ft 30 38 119ft 117ft 118ft 22 25ft 24ft 24ft 2 2 hard 1 58ft-59- N. 12.05 N. Dairy Market Eggs AA 34; 30 Cheese sandwich Butter score (prices by loose dozen) Grai A large 32; medium 30; B Ian 38 47 35 31 47 35 31- 41 41 41- 15 32 65 77 37 14 14 59 51 145 29 66 4 36 25 59 19 23 II 64 35 17 49 43 70 IT 50 35 55 15 645 220 20 2 58 134 253 9 33 ft Vb ... 65' 77 37 $0 64 50 64 1 4 4 36 24 58 19 22 8 36' 24 59 19 23 63 63 1 l. . . 52' 781... 76 84' Ml ... 19 40 70 70 30 59 14 94 67 79 ... 68' 42 79 51' 10 12 31 31' 31 30 28 15 43 34 32 67 15 12 15 43 34 32 68 188 6 6 21 17 23 65 16 32 65 34 32 68 6 16 32 65 181 31 30 60 30.. 21 59 tt 94ft 24ft 24 77ft-- 1ft 85 13 127 11 t - 32l 65 77 36 52 77 76 14 19 19 40 40 71 70 70 70 40 i 39 59 59 14 13 94 94 67 66 10 79 68 68 41 42 79 78 52 81 10 10 31 .. 35-.- 31 63 52 78 76 04 1 56 49 -H 7- 4- 43- -, ... ' 1 . T 90 123 27 8 796 47 34 45 30 1$ Texaco 120 TexGTr .90 1.90 .40 Texas Inst 1 Tex PL .35b Tex Ut 1.38 Textron ThiokoiCh 41 ThompRW 1 Tldewtr- - OH Timken 3.60 TraneCo .60 161 32 29 10 21 Transam .80 Transitron Newmt 1 40 NYCnt 1.30a Nias Moh 2 Norf&Ws 6a NoAmA 2 80 NAmCar .90 NoNetGas 2 NoPac 2.40a NStPwr 1.44 NorthropC 1 NwstAir! .80 NwBanc 1ft 78ft 99 52 24 TransWA 77 21ft 21ft 50ft 50 $5ft 67ft 101ft 100ft 20ft 19ft 85ft 85ft $9 58ft 16ft 15ft 32ft 32 36ft 36ft 87ft- 86ft 45 44ft 45ft 44ft 7ft 56 7 54ft 21ft 50ft - 83 1 . ft 101f- t- ft 19ft . . ft 85 59 ft ft 16ft 32 ft Mi ft ft ft ft 36ft 87 44ft 44 7 55 212 .84g 1.40 1.40 .84 1,90 .60 1.40 2 70 1.20 PcTAT U0 Pan Am .60 Panhdt 2.60 Paramont 2 PepsiC 1.60 PhileEl 1 409 Rayette .48 m 83ft 106ft-- ... ft 1ft 54ft , 156ft ft 11 30ft 30ft 30f- t17 27ft 27ft 27ft 5 34ft 34 34 62 83ft 83 83ft 21 45.. 45ft 45ft ft w -v - 4 35 jo VanASt 1.80 .60 Vanadm Varian Asso VictorCp .25 VaEPw 1.12 VulcanM JO 48 RCA 30 2 I 99 64ft 83ft 27 108 108 845 54ft 54 3 156ft 156ft UtdPkCm USPIC 1.10a US Rub 2 20 U S Smelt 3 USSteel .50b US Steelpf 7 US Tob 1.40 UtdUtils UvCvSt 1.40 1.20 UPiohn UtahPL 1.44 n V 6 25 119 15 17 48 J id 14 17 47 20 ... 14' 17 47 20 Igm 1.20 C Walworth Ward Foods WarnLm .90 74ft 58ft 74ft 40ft 45ft 58ft 118 174 89 36 25 1 - 73ft74 WashPr 1 08 56ft 57ft 1ft WVaPu 1.30 73ft 74- '- ft WstAIrL .80 40 40 ft WsBanc 1.10 45ft 45ft ft WestMd 1.40 WestemPacifi 58 58ft WUnlon 1 40 WAirBr 160 1 20 WestEI Weverh 1.20 18ft Wheel Steel ft 44 ft Whirl pi 2.40 44 ft WhiteM 1.401 White Str WilsonACo 2 WinnDx 1.20 4 ft Woolworth 1 43ft ft Worthington 3 5ft ft WrigleyC U 38 39 66 22ft 25f- t39ft ft ft ft ft XeroxCp YongST 1 .50 80 YgtSD 10 ft 'Zai 40 1b rindless block 42; 5 loaf 44; mild longhorn 46 score 73; 92 score 71; Can you put a check-marin any of these squares? k ECONOMICAL & EFFICIENT Q Q CHICAGO (UPl Live poultry Too few to report. Cheese Processed loaf 40ft45; brick muenster 40ft-45fCheddars: single daisies longhorns 43ft 44''; 40 lb blocks 40ft?ft; Swiss 80 (wheels) too few to report; Swiss 100 lb blocks) Grade A 49ft52; Grade B Grade C 458. Wholesale prices as reported by Chicago Mercantile Exchange: Butter Steady. 93 score 57ft; 92 score 57ft; 90 score 56ft; 89 score 58; cartots: 90 score 57ft; 89 score 57. Eggs Easy to stead. White large extras 30ft; mixed' large extras 30ft; mediums 29; standards 28ft; checks 25. Potatoes Total U.S. shipments 477 ; arrivals 37; track 143; supplies moderate; demand fair; market for Russets and rouad reds firm others about steady. Track sales: (100 lb U.S. 1A unless Idaho Russets t&S; otherwise indicated): Minnesota-NortDakota Red River Valley round reds 6 00.10. Street sales: Idaho Russets 9.25-- SO, Maine utility 7 75-- 8 00, bakers 10 Russets 5.75; Oregon Russet bakers 10 Minnesota-Nort- h Dakota Red River Wisconsin-Michiga- n Valley round reds 6 Russets 7 JO-- 00. Onions Arrivals 2; track 23; supplies moderate; demand slow; market dull. Track Mies: None. whites Street Mies: large 3 2$; Texas Grenex mediums 2 whites medium 3.00; Midwest Yellow Globes medium 1.25-1.8large Egg Market n DRAFTING TABLES FOUR-POS- T is my WIFE. is a personal FRIEND, My executor is my BROTHER-IN-LAW- . My executor My executor If you checked any of these squares, the chances are youve picked an executor wholl be long on willingness, but dangerously short of the time and special experience it takes to . manage the job. Its a far bigger assignment than you dream in size. . . even if your estate is only average And a mistake could be costly to your family. Here is a suggestion that every family man should consider Many men like yourself have seen the wisdom of it. Your lawyer will prob , . ably approve of it heartily. Make First Security Bank executor or coexecutor .under your will. When you do, one of the most experienced Trust Departments in the West will serve you never out of town, . never on vacation never too busy. j The fee which the executor is entitled to is the same whether the executor is an individual or trust department. W$ll be pleased to fully explain. Phone, com in or write for details. , t Built to rigid specifications, Hamilton Tables are designed to assure comfort and accuracy. Drawing surfaces of selected basswood scientifically f seasoned to assure straight-grainestock. Heavy square legs mortised and bolted to a rigid frame provide solid foundation for drawing surface.-FamoHamilton quality built into every feature. t Yes, and economical too. Four-Pos- warp-proo- Spot Metal ro-cei- ve . Trust Department 24S PRINT I SUPPLY CO. So. Stato CvemX lewfclw Office 21. A 53 20 49 I 19 813 25 7 110 93 LOS ANGELES Egos. Prices to retailers tor distribution plants 1 (delivered cents higher) AA extra A extra large large AA large A large AA A medium medium AA B large A small t, small 5 NEW YORK, March 25 (AP) Spot consumers AA lerge A metal prices Thursday: AA medium A medium large AA small Connecticut Valley; lead Cooper A small 1 New York, line 14, East St. Louis; roasters Poultry Fryers foreion silver egg type hens (delivered) tin 1.66, 5, wtd evg 1.293 Troy ounce. New York; quicksilver 4 7 4, add avg 2J (at ranch) flask. New York. fryaproaator turkeys A ft ft TexGlfS Raynier 1.40 .60 Raython Co Reading Republic Av 2 RepublStl Revlon 1 30 Rexall .30g Rev Met .60 ReyToto 1 80 RiChfld 1.80 RtegelP .80 Robertshw 1 Roch GE Ig Rockwll 1.20 yellow 1 34s heavy white 72ft N. No 1 yellow 2 98 N. 21ft 43ft 34ft SuburbG .60 SrayDX 1.40 SunOil SunshM .40 SwIftACo TexETr Ranco In .80 59ft N; No. No. Com Oats No. 2 Soybeans Soybean OH ft ft ft 43ft 34ft 17 2 80 TennGas R Cash Grain 1 ft NEngE 1.20 N J cZin 1 PhllMr 3 60 Phillips Pt 2 Piper Aire 1 PittPIG 240 .10 Polaroid Proc&G 1.85 PSE&G 1.36 2 Pullman PureOII 1.60 Wool Market at SB Hft Studebakr PetMilk Pflzer&Co 1 Phelp D 3 40 ' 67V, V4 9W -s- Rnd Sperry Spgi pf 4 50 SquarD 1.60 St Brnd 2 40 StdOCel 2 20 StdO Ind 1ft SIOHNJ .75b StdOhlo 1 80 Std Packing StanWr 1.20 Sffenray .60 Stauffer .75 Sterling Stew Wn 1ft Stone AW 3 ParkeDv la Peabody C 1 Penney Ifta PennDxCt 1 PennPL 14 Penn RR la PeopGs 1 60 Bank Gearings 4; at 7.00; 5F- W- 34V 6 1.80 2.20 SthnRp PecPetro 44 39 44 3 00. 50 SoNtGs SoPac PacGae 1 20 Pac Lt 1.30 Cardiff, 1000 at 13c. Champion Silver, 300 at 3.00; 600 at Clayton Sliver, 500 at 30c; 250 at 32c. Combined Metals, 1,000 at t7Ve; 500 at 172c; 1,000 t 17V' Comet Co., 500 at 50c. Diamond B, 300 at 3c; 200 at 3c. Easf Utah, 166 at 43c. Empire Mines, 500 at 23c; $00 at 22c. Eureka Lilly, 33 at 8c. Grand Deposit, 1,"' at 42c; 500 at 43c; 100 at 43c; 100 at 100 af 45c; 2,000 1 84.000 21ft 43ft 29 104 SafewavSt 1 SfJosLead 9 St Reg 1.40g ' SanDgo 1.40 Sanaa mo El Scheniey I 1 Scherng 1 60 Schium 1 60 ScottPap .90 SbrdAL 160 Seers RACo Serve! Inc ShamOII 1ft Sharon .10b SheilOil 1.70 SheitTr ,84d ShellerMfg 1 Sheretn .40 S immense 2 SmelairOil 2 SmgerMfg Smith 1,60 Socony 2.80 SoestPS 1.08 SCalEd 1 20 1 Ohio Ed OkG&E OklaNG OHnMa OrangeR OtlsEhf Outbd M OwensC Owen III OxfdPp HamllP HarbWr 1 HartShaffnerMarx .80 .07V 38 102W 103 82 38 139 104 H 1 Rohr Corp RoylD 1.73d (4 Rubrold 1.80 thnCo Minn PI Mo KanTex Mo Pec Iftb Monsto 1.40 MontDk 1.40 MontPr 1.40 MontWard 1 Morrell Co 1 Motrola 1ft MurpCo 1.20 ll 1.20 PubU 1.36 GenRefracCo Gen Stl 1.20 GenTel&E 1 60 GenTira Genesc 1.80 GeorgiaP 1g Gillett 1.10a GlenAI .50a GliddenCo 2 Goodrh 2 20 Goodvr 1.15 GraceWR GranU ,60g GrantW 1 60 GtAP 1 20g GtNPapp 1 46 GtNorRwy 3 GtWSg 1.60a Grevhnd .80 GrumA 1.50 GulfMoOh ? Gulf Oil 1.80 59W 42 80 MinAChm I MM M 1.10 G 15,462,28893.72 88'Al Mack Truck MacyCo 1.20 Magma 1.40 Magna vox 1 Marathon 2 MarMid 1 20 Marsh F 1.80 Mart Mer 1 MavDS 1.20 1 McCrory McDonll .60 McGrwEd 2 'U McKess 1.70 Mead C 1.70 MerckCo la W M G M 1.50 MidSoU 1 24 IV Gambl 1.20g GnAccp 1.10 Gen Baking Gn Dyn .25b March M, 1964 Gen! El 2 20 8 9,072,269,780 25 Gan Food 2 83,3208516.14 GenMIH 1 40 91,281,272,255 89 GenMot .75b 311,263,926,806 - 81- W- NatBisc 1 80 NtCshR 1.20 NICityL 1.40 N Dairy 2.60 NatDist 1 40 NatGyps 2g NtLead .75b -NtStar .B0g Natl Steel 2 Nat Tea .80 Nev Pwr .76 Newberry J Cash position ot U.S. Treasury compered with corre- March 22, 1945 Balance 10,231,511,831 88 ) 88,831 Deposits fiscal year July 1 ,875,367 95 Withdrawals fiscal year 91,082,057,438 38 Total debt 318.618,838,888 06 (x) Gold assets 1561,788,652 53 (x) Includaa 828,078,388 01 debt not sublect to statutory limit. '82 L 160 Fruhauf Vh 83b M.000 58A unclk 88.800 M unch. 1 V 101 17 151 9 - 4 80H 18'b 1,300 83.800 79.800 77,900 W 19V 21 33 11 26 11 48 59 81M 83 58W 82 9V 19V 17 81 564614 84 58 100 17 141 88 23 4 l.BOg Eastern Air bastGasF 31 Kopprt 2 80 Korvette EJ 1.80 Kreige Kroger ). 24V 56 274 8 94 GT A 8. P Amgex CP Tex G Sul East Air I, Ford Mot Sperry Rd Erie Leek 32V4 1W 714 56 Dresser 1.20 Duka Pwr 1 DuPont 1Vb DuqneL 1.40 V - V6 H On 32 Ten Leading Stocks 51V 36 544 219 564 Railroads Utilities Stocks NEW YORK. March 2S (AP) Sales, dosing price and net change ot the 10 most active stocks Thursday: Olin Math 95,300 4SW1S4 Martin M M.300 20H M Studeoakar Vb 88,800 8Va 6 11 219V 57V 20 202 15 66 38 3V 524 711 574 25W 364 554 Industrials k 6 19 14 69 425 25 50 500 V V 5V 78 634 Poors Closing 500 Stock Index & NEW YORK (AP-I- Vs 13V- 33 38 21 Standard ft W 3VH6- 324 38 4 Ml DanaCp 2 20 DaycoC .409 DayPLt 1.16 Deere 1.40e DeIHud .30b DenverRG DetEdis 1.30 Die Alkali 2 Diners ,50g Distill Sea 1 DrPeppr .70 DougAr .60g V V 84 444 374 19- 4- 4 37 194 3144 3644 4444 3uve D 44 FMCCp ' Jj-- l 8 1.16 1.60 26V 224 35 4V 4UV 36 168 60 1 CurtiuWr 26' 44 4a 11 ConNG 2.30 CnCoal 1.80 Container 1 ContAtrLine ConfB k2 20 Com CanC 2 ContMot .4 8 Cont Oil 2.40 Control Ota Controls .80 CoopBs 1.60 CornPro IV CommgGlass Crane Co 2 CrownZti 2 1 20 Crucibi Cudahy Pak CurtisPub FdFairS at a !9 17 155 28 17 43 41 F Tintfc Lead 4,000 at 23c; 1,000 at 23c. as t - - s ) 6a vs 44 4 eft 4IH 7V Falrchd Hlr Fairmont I FedMog 1.80 FerroCorp 1 6 - 7 Com qd l.Q comSat Consfcd 1.10 Const-ood- 1 21 99 $ 65 2av 89 UH 137 40V 49 33V 15 34 21 374 Vs 614 zyv to he a't locaLol 1.0 wotsett 10 .48 lontns Coo FuetAI M'ti-r- 14 net V -1 dvvt 61 Citttti aao ft uuesba i.0 oavctl l.i oevnt Vag 2V 239- wm 201 7 76 Aa 44 1 14 61V 8 24V azvs 14 linittMriEI i ci i rirv 1.60 4 44V E Mammoth, in I d Cessna Champ ChampS 42 Z . 754 Utrysler Thursdays Quotations it 9 33 7646 614 24 ... ft 26 2646 3W 754 61Vt 2i chK.arec I . utn cr 104 ft 35V 35V art 46 70 lea m FirstNSt 2a FlintkoteC 1 It in the project Although the company has predicted that the return of its investment would be reflected start 18V 41 68- 4- 8 Mutual Funds Shades of the Past: Gold Mine in U. S. lars 18V 414 47V 354 SO Chqmetron uift Ohio 41 uwvdf'fcP UlftPlOWl 3 V cr Carrier 1 95 Carter .40a Case(JI) Co Caterpl Tr I erations. the other end Utah exploratory drilling its and Thursday. report for state report stated Januarys amount demonstrates a barrels, month the ward trend barrels. natural feet at January, a feet January tion All-in-a- 1 Quotations Famished by Baodbedr A C. Member f the Now yerh stock BxcMftto New York News C B $ 1.20 Col Gas 1.4 1 80 Cum ComSlv 1.20 Ua CaroTel Asked 10 75 5 50 27 75 9 50 14 00 3.75 8 50 7 00 103 00 20 50 17 50 22 50 17 75 3 62 97 00 8 00 1 80 28 00 18 00 20 00 4 00 11 00 8 00 11 00 64 00 6 75 39 00 23 50 47 00 79 00 28 50 Mark- NORTH SALT LAKB t 25 cents lower. Choice top hogs, No. 1, 17 50 to 18 25; No. 2, 16.75 to 17.50. Light Sows M0 lbs and under 14 00 to 15.00; heavy sows 12.75 to 13 00. Estimated ceipts 100 head. Cattle and calves OGDEN steers or 130; not enough slaughter heifers on offer for a market test; few slaughter cows and feeder cattle about steedy; slaughter cows few utility and of develAt commercial 13 4 70, few individuals 14 00; few earners and is production. The opment and cutters 11 3 80; feeder cattle tot lb steers 21 90; tot 532 choice Gas Conservation Commission issued Oil production mostly mixed good and choice 517 lb 20 20; fields tots choice lb steer calves couple 5 lots good and choice The production was 2,195,446 23 50;lb couple 10. heifer calves 19 which continued downan CHICAGO 4,500; Hogs fairly active; barrows and gilts fully 25 same in production. Oil production in lower; instances 50 lower; sows steady lb barrows and Production of in 1964 was 2,559,644 gas togilts25 18lower; 25; 20 head 18 50; bulk dein lb 17 lb 17 7 50; 00; was measured 6,855,728,000 cubic lb lb sows 15 85; from cline of about 800 million cubic produc- 15 00. 50; 3 50000 lb 14.50-1Cattle 1,000; calves none; herdlv enough 1964. in slaughter steers or heifer sales for an adequate market test; few sales steady, cows strong to 25 higher; bulls steady; several lots high good and choice lb slaughter steers 24.00-200; good 20 standard and tow good 18.50-250; lb couple lots choice 00; utilit. slaughter heifers 23 commercial cows 13.50-100; canners end cutters 1200-140utility and commer00. cial bulls 16 Sheep 100; fairly active; small supply slaughter lambs and ewes steady; few lots choice and prime lambs 25.50-200; good and choice 24.00-2- 5 50; cull to good ewes 6.00-- 50. LOS ANGELES, March 25 has never New York Times Service ing this year. Artesia feediot: return what specified pubUcy first The Cattle 500; slaughter steer NEW YORK fairly five, 50 higher; slaughter cows active firm to 50 higher with canner and cutter gold mining it expects. major open-pi- t beef type realizing advance; bulls rather venture in the United States in In S Years scarce about steady; feeders firm to 50 50 years is expected to get unhigher; upturn; slaughwas learned ter classesheifers realizing However, good and choice 1,060 der way shortly on a site near elsewhere that the company lb 23 60; highsteers pood choice and end lb 23 40 these going for further feedCarlin in northeastern NevaStandard lb 20 00; hopes to recover its invest- ing. heifers da. good 720 lb 21.60. Low standard ment in three years. 9 18 cows-f- ew 00; high Officials - of the Newmont 5 80, bulk Plato Malozemoff, president utility Holstein 15.20-1-13.00-1utility 4 cutters 00; bulls recent months utility and commercial of Newmont, Mining Corporation revealed feeder steers choice end prime 80S lb 22 50. here Thursday that shake-dow- n referred to the Cariin project Choice 5 lb 21.30-200. Good 0 belb '18 0 90. elfers choice lb a miner's dream operations of Carlin Ja- 18 0 25. Good lb cilities would begin in mid-Apri- l. cause of its low operating Calves 200; slaughter classes fairly acfirm to 50 higher, feeder 0 The company expects to cost, high productivity and tive higher in an active trade; slaughter tow choice extract and process 2,000 tons high profit margin. 200430 lb 0 Good lb 18 feeder steers choice to prime of ore a day once full operaAs it is, the mine is only 20 0 lb 0 Choice lb 0 lb 19 this summer. tions miles from a transcontinental heifers choicegoodand prime 340 lb 22.00. 300-5lb 19.5020 JO. Good 0 highway and mining will be Choice 1962 Discovery lb 18 shallow and open-cu- t Hogs and sheep none. field Discovery of the OMAHA Hops 12,500; bar-- , Carlin Reserves rows, gifts and sows steady to 25 lower; was .made by Newmont geolo0 lb lb 16.50-1- 7 Maloz-emoffs John E. Thompson, 25; 30000 lb sows 14.75-175. gists in December 1962. Ten Cattle 4,500; calves 10; choice and assistant executive Newmont months ago Exploprime steers and heifers mostly steady; fully-owne- d the New York headquarters of others weak to 25 lower; cows steady ration, LTD., to strong; average and high choice steers subsidiary, began construction the corporation, estimated in 25.00; choice of a cyanidation mill. Newmont has invested close to 10 million dol- 18V 41 - 12 92 58 $19 CalHecle .80 CempISp .90 CanDryCp 1 5 97 26 50 17 00 18 00 3 50 10 00 7 25 10 00 61 00 6 00 36 00 22 00 44 00 75 00 27.00 70 68 I CalPtk .100 678 97 19 16 12 16 3 12V 92 00 7 25 69 47 68 C Asked 866 00 75 25 75 50 40 50 25 00 00 50 00 75 41V 70 9 263 .6 BeechAC BeechL 1.20 Bll Bendlx 2.40-B- eth Stl IVi BIwKx 1.40 BllssEW .80 Boeing Co 1 Borden T10 BorgWr 2.20 Bost Ed 140 Mtg Briggs Bristol My 1 Brunswick Bucyrus E I Budd Co .60 BullardC .40 BukwaWatch 1.60 Burllnd CenPac CarlPLt 10 4 26 8 92 3 7 39 41V 47V- 83 394. 41V 39 Bangor, Sgr Basic! nc .80 Beth Ir ,25b Beat Fd 1.35 Back man In 21 28 87V I 18 38 32 13 Thursday - Final Quotations New York Stock Exchange: 900 9 87V 930 Amalgamated Sugar Pfd American Savings A Loan Continental Bank Denver Real Estat Deseret Pharm Federal Resources Federated Security First Security Inv. Frontier Refining Daniel H. Meyer, Salt Lake regional vice president of the Independent Petroleum Association of America, contends that the relative smaller severance tax or none at all on oil production in some adjoining states sways oil companies to center in those states rather than plunge deeply into Utah competition. modern-da- y 40 25 20 75 59 00 Bid Months areas. relative Asked Chicago Tribune Chicago Daily News J Dow Jones Averages initials ffilmiT Stii nt$$ Local Securities week. As the rotary hit chewed deeper into the ground, the costs rose,, By the time the drilling tools were below 12,000 feet, it took eight hours for a trip to raise the drilling tools to replace a worn bit and then return the tool stnng to the bottom of the hole. Drilling was slowed to a foot an hour as hard rock formations were entered. Finally, a depth of 12,467 feet was reached before the crew threw in the towel. It wasnt the states deepest dry hole. Last year Pan American Exploration Co. drilled to more than three miles 16237 feet in Grand County before plugging the hole and abandoning the site. Tidewater had encountered some of the reasons for high drilling costs, such as the need for overcoming the states typically rugged terrain and encountering some tougher drilling formations than found in other developed l Bid 39 50 30 25 58 25 8.75 Local Mutual Funds Bid 792 Founders Mutual 546 Amer. of Fund industry 6.20 Western Ind. Shares At least six months was needed for landmen to put together a lease block of more than 5,000 acres through private fee arrangements and federal and state leases. The nearest community to the well site is La Sal, population . about 100. The nearest oil supply centers are Grand Junction, Colo., and Farmington, N.M. Construction crews had to grade a road and site for the well. A rig operators worked each shift around the clock for about 4 ya months until quitting this Utahs-oi- Securities Albertsons Inc Aztec Oil A Cat Boise Cascade Bonanza Airlines Browning Arms Brunswig Drug Consolidated Freight Equity Oil First Sec. Core. -Frontier Refimn Mon-an- a, General Analine Colorado, $50,000, lntarmountam Gai Lane Wood Inc. $68,000. Life Ins. of Ky. Some of technological rea- - Morrison Knodsett Amer. Life of Nat'i. Northwest Nat'i. Gas Ore-id- a ' can be shown in a Pioneer Foods Nat'i. Gat oil Pubco Petroleum of quest Scientific Data Ridge No. 1, located on SouthwestLifeResaerdi Sureity 7,000 armtTpine Utah Construction Vaiiev Nat'i. Bank snow. Vitro Crop. -- a Thursdays Quotations Finance Market Mines 25.00. Tribune Staff Writer The Tidewater Oil Co. was in the process Thursday of plugging a well in San Juan County which had been drilled nearly 2 y2 miles deep for a figurative bucket of sand. The bill for drilling operations to abandonment: About a half- t million dollars. The cost of the dry hole, while abnormally ljigh be- cause of well depth, points up some of the reasons for high cost of drilling in Utah. Statistics compiled by R. LaVaun Cox, manager of the , '.western division for the Rocky Mountain Oil and Gas Assn., place the average well drilling cost in Utah at slightly more than (112,000. Mr. Cox compares this figure with approximate averi . ages of surrounding states: New Mexico, $68,000 ; Wyoming, J) J The Salt Lake Tribune, Friday, March 26, 1965 By Douglas L. Parker r Ttn t'r frrrn rr,nrrn,o,ri t yr on-nynrrrrr- Markets in Brief Up and Down the Street ; t ivorrmn r t r T7"prT JJ M (9 aHHI 2 tl JLM OT-- X A AAAAAAjjtAAAi Weft, Um, Wywwfof f 4 3 |
