Show nJeWittMtiiuAd THE SALT LAKE TRIBUNE FRIDAY MORNING MARCH f 1932 11 17 PRESENT CONDITIONS COMPLETE REPORT OF TRANSACTIONS ON NEW YORK BOND MARKET HELP WRITER SAYS NEW YORK March 10 AP — Following are Thursday s high low and closing prices of bonus on the New York stock exchange and the total sales of each bond U 8 GOVERNMENT BONDS Big Business Finds Expansion Programs Show Disadvantages (Dollars and l&ales in Sles 3s 4a 4s 3338' 'reas Lib do 1st do 4th By B C FORBES 7 32-- 4 2 Trees 4s do do Treas 3S 4 3s 3s do 3s do 3s “Yep I own this cab” “Do you manage to make a living?” I asked the taxi driver “Business has been rotten I haven’t been able to give my wife much more than $15 a week for months" “Can she make ends meet on that?” do 3s 6 7 7 Mch 3 9 51-- BOND AVERAGES (Copyright 1932 Standard Statistics comp&nv) 20 20 60 20 38 Hmc Cr Oil Sine P L 5s 42 39 Skelly OH S3 Smith Corp Solvay Ain 5s 42 So Bell T A T 5s 41 3o Col Pow 0s 47 68 So Pac LowJ Close 30 130 High 6 iuG 9 16 100 18 4 103 8 26 10028 27 24 301 26 I 6 97 91 95 91 92 90 4s 4s 4s So Ry gen 6s 56 So Ry con 30 28 28 10 16 5j X— New 1932 high “She has to What we can’t buy we do without It’s tough all right” 17 1948 53 774 75 Inerb R Trans 7s 32 “How long do you think you — and 47 4 43 Interb R Trans 6 32 102' 44 Allegh Corp 5s 44 16 674 504 57 Aliegh Corp &s 49 she —can stand It? Do you think you 30 28 'interb R T rfg 5s 66 Alieghanv Corp 5s 50 89 Vi 89 894 661 57 Allis dial 3s 37 can stick until better times come?" gta 41 S 41 38 44 Am A Koran P 5s 2030 50 Interlake Iron 5s 51 31 34 “I figure I can stand it better and Am Beet Bug evt 6s 35 lj 1914 19l 19 Int Agr 5s 42 stp 21 82 Vi 82' 82 'v lut Cement 5s 48 65 4 64T 65 Am Chain 6s 38 One 79 80 7 80 2 497§ 49 longer than the big companies Am Cyan 5s 42 Int Ot Nor 1st 6s 52 74 11! 74 53 7341 43 5s Ice 42 5s 56 Am 10) Nor B Int Ot of them has five garages and a ware3 70 70 69 52 Am I G Chem 5a 49 Int Hydro Elec 6s 44 10 524 71 71 2 71 61 57 52 ‘1 Am Internatl 5V2g 49 Int Match 5s 47 house chockful of cabs They are all 11 68 68 68 55 14 5641 Am Metal 5a 34 do 5s 41 evt 2 3 42 35 Am Nat Gat 35 Int Paper rfg 0s 55 A losing money” 92 92 2 92 55 Am Smelting 5s 47 55 do evt 5s 47 A 100 100 12 100 “So you feel you can survive?" Market Pauses 41 Am Bug Ref 6s 37 Int Rys C Am 6i 41 414 ReBut 104lV Int T A T evt 4'as 20 105 43 104H & Tel Tel Am the big compaEvery day “Yep 22 102 'k 102H 103 Q1Q 61 do col 5a 46 524 81 Their exnies are laying up cabs 54 100 100‘fe m 42 do sf 5a 60 do deb 44862!!!! 434 42 As sumes A(lvance — 100 65 JO iooioo 5s 47 do 5a 47 Their drivers 46 are terrible 4o4b6 penses 39 do evt PIS foi vinlV hired men— don't care what happens 2 98 98 Am T Ac T 4s 30 62 62 63 K C Ft S As Mem 4s 36 3j 82 Va 8041 to their cabs You bet I see that Am W W & El 6s 75 K C Pow A Lt 448 Support Comes 8 95 94 4 Am W W Ac Ef 5s 34 96 96 1961 904 to cab this Nobody nothing happens 31 12 12 K C Southern rfg 5s Ang Oh il Nitrate 7s 45 needs to worry when he uses an 14i 25 25 08 Ann Arbor 4s 95 1950 684 68 72 68 43 074 64 64 A Co Del 64 K C So 1st 3s 50 owned cab” NEW YORK March 10 (P)— The Arm 18 78 ‘A 76 4 'ffi 19 do 85 r'est 60 K O 4s Term lit 85: “I’m glad to know you’re not dis- bond market after climbing steadily Armstrong Cork 5s 40) 2! 01 'I 63 61 Kansas Gas As El 44 1014 1014 1014 84 V Oil ret 6s 35 1880 844 64 couraged” upward for a number of weeks hesi- Asso 93 A T 48 9341 B 934 evt F 50 50 50 Keith B F 6s 46 "Get me right buddy It's tough tated slightly today and after catch- do gen 4s 95 90 4 90 4 90 76 76 49 70 4s Co Elev Kings 85 64 85 going I can stand it because I have ing its breath continued to plod for- AT A 8 F ad) 4s st 95 72 A T 8 Fe 4iS C A 72 53! Lac Oas St L only myself and the old woman to ward 5 924 92 y 924 A div 62 72 72 do 5'iS 60 D I don’t mind working look after Considerable 94 94 profit taking came At! Knox A Cinn 4s 13’ 81 79 81 Lac Gas St L 1st 5s 34 11 twelve hours a day — fifteen if there's into various sections after noon but 55 11 54 6s Nitrate Lautaro 84 V 10 A C Line 1st 4s 52 644 844 cou Val 4s Pa Lehigh 61 82 82 anything doing The big companies it was easily absorbed in most cases A C Line 4's 64 80 63 lOi 53 53 2003 as 41 41 can't cut their expenses as keen 118 118 and fresh support was accorded the At) Gulf Ac W I 5s 59 4 42 6118 Lig A Myers 7s 44 91 6 91 37 91 All deb 5s Ref Ac and I can Likaett Myers 5s nigher-gradThey have big salaries issues Dealers points 8 100 100 inn 1951 8 79 4 794 Long Isl deb 5s 34 79 big rents and allklnds of expenses I ing out that quoted prices of listed Bait A O rfg 6s 95 31 95 95 91 151 964 954 Ac 48 B 5s 1st O 954 106 than I 105 22 U)8 don’t have caiv last longer Co 7s 44 Lorlllard bonds have appreciated more than do I 704 70 704 Lorillard Co 5s 51 91 10! 91 90 rfg Is 95 most of them As it is cabs are be- $1000000000 since the first of 42 854 85 ' 85 do 44s 33 48 48 01 48 Ac Ark 5s 69 32' 56 514 55 Louisiana 60 97 97 97 5s 52 are of the opinion that mod- do evt 44i ing taken off the streets every week" Lou El A Oas 89 58 80V 814 do gold 4s 48 Ac N rfg Louis erate reactions can be expected from do 8 W div 50 11’ 824 81 81 Significance Shown 84 2003 141 60 501’) 594 B Ac O 4s T C div 59 75 2003 do 1st rfg 4 Is there not deep significance in this time to time 92 4 9 924 q 76 4s 3eech Creek 88 Ac 4s 40 N Louts unf A large part of the realizing today Beil T Pa 5s B 48 I1G3V104 111104 conversation? Have 55 65 5o L As N 3s 80 St L div T Pa 1st 5s 0 events not proved that gigantic cor- came into secondary rail issues Ca- Bell 60 S 42 nadian liens National Manat! Bug gave ground tremenencountered have 46 Benef Ind Loan 6s porations 42 Manhat Ry 4s 90 Beth BU d m 5s 36 dous difficulty in cutting down their but Canadian Pacific debenture 4s Bow McKesson A Rob Hotel 7s 34 59 58 59 1950 overhead and other expenses to meet finished with a net gain of a point Bklyn Blit Ed gen 6s 49 A 50 50‘ 50 Mead Corp 6s 45 A 93 the terrific shrinkage in business? Do Nickel Plate issues moved to new Bklyn Man Tr 6s 6 93 93 53 5s Metro Edison for the year and Louisville & Bklyn Un El 1st 5s 50 97 97 96 evt 5s 36 Steel Midvale you yourself not know of some small- highs U Oas 5s 50 11 Bklyn 4 Ac Lt 1st 6s Nashville advanced El Mil Ry points Buf Ro A P con 4V4s er businesses that are managing to 90 40 8 91 1961 B The a were industrials given good 1957 M 8 P A 8 8 M struggle along not so badly? Does it VI 47 47 Most of the utilities were Bur C R Ac No col 5s 34 47 con 4s 1936 play not seem as if “independents” Bush Term con &s 55 M K Tex pr In 5s 62 A r steady concerns or firms or companies Ac T ad) 5s 67 M K 2 674 674 674 M K Ac The United States government is- Cal Pack 5 40 78 D T Pi of modest size have been able to ad301 744! 744! 74“ sues held firm a number Cal Pet 5s 39 M K Ac T ft 03 B 82 13 824 Can Nat Rv 44s just themselves to hard times bet- of new highs forregistering evt Missouri Pac the year A major- do 4Ss 54 82 82 1949 ter than huge organizations? I 8144 814 8144 56 do Mo Pac rfg 5s 05 A Certain it is that many colossal ity of these loans closed fractionally Jl 4 ‘Vs 57 814 81 do do 5s 77 F the higher notwithstanding 41 804 profit 814 804 68 do 'i! do 5s 78 G corporations are losing millions The takers 84 844! 84 do 4 s 55 do gen 4s 75 losses suffered by some of the coun88 7 do 5s 69 July forThe led do 1st 5s 81 the Argentines again 88 88 4 15 884 4 do 5s 69 Oct try’s enormous banking institutions Pow rfg 5s 43 A Mont with nine new peak Can Nor s f 7b 40 98 4 98 4 98 Morris Ac Co 1st have been appalling The newspapers eign department 87 07 87 44 Can Pac 5s 1932 for 103d prices store chain 11' 82 82 83 do 5s 54 report that certain huge Sales totaled $12119000 68 4 Moms A Essex 30 694 67 do deb 4s perp r and 2000 companies have been 81 91 90 90 Caro C Ac Ohio 6s 52 and to stores close 89 89 2 90 right compelled Csro C A Ohio 5s 38 48 Nat Dairy 30 7! 32 30 59 the C S of 5s Steel U The Cent Ga left corporation Nat Steel 5s 56 2 71 TiU E A O 5s 51' Cent 40 worse ail fared of them has Newberry 58 biggest 102 684 4s 61 Cent New New Eng T Ac T 5s 62 CHICAGO March 10 (AP)— Stubborn In Central PacEng 19 than some of the smaller steel comlj 79 5s 60 New Eng T A T gen the face of government figuers showing Cent Pac 1st Ktd 4 field 61 In B the panies public utility 84 stocks of wheat on farms totaled the largest SI 85U 84 49 N O Pub 8vo 5s ctf according to report among the very in many years grain values held almost Cent R R of N J 5s 1952 A 91 91 n1 87 today worst sufferers have been the most motionless 66'i1 6l4 N do 5s 55 AB M Back of the obstinacy of owners was news Ches Corp 5s 47 50 O Tex ambitious leaders 8 I” ins '4 that Italy had Increased her wheat Import Che A O con 5s 39 N O T Ac M 5’aS 54 91 10' 91 90 quota 10 per cent and there were signs do cen 4Ms 62 N O T Ac M 5s 54 B Limits Suggested 84H 'A 8 84 A 844 63 4Vss France follow A O rfg would that Oermany and suit Ches N O T A M 5s 60 O 86 88 8 88 also indicated that further quantido rfg 4':8 95 B One leader when I It was N Y C deb 6s 35 51 99 99 of United States hard winter wheat had C B A Q rfg 5s 71 A do rfg Ac imp 6s 2013 submitted to him an extremely bitter ties 87 B74 87 been taken for export and that this grain C B A Q 4 'As 77 N Y C Ac H R rig Ac 88 88 letter revived from a stockholder was now available at somewhat below Canado gen 4s 58 2013 Imp 1614 18 111 51 184 of dian 5s E wheat Chic A quality N Y O con 4s 98 replied:- - ‘The answer U that I have Wheat closedequal 87 V4c decline to Chi A Erie 1st 5s 82 at irregular Ac H R rf N C Y Imp 53 Mi never sold a share of the stock and 4c advance compared with yesterday’s fin- Chi Gt West 4s 59 2013 A 8714 W a shade up and Chi I A L gen 6s 66 that simple arithmetic will show that ish corn a shade down N Y C Ac H R deb 4s 50 47 2 to 10 cents a of 6s rise A Chi provisions showing J 1934 I certainly have been the heaviest 3514 Chi I A L 1st 5s 66 N Y O Mi Cen col tr loser by whatever mistakes or mis RANGE OF LEADING FUTURES C M Ac St P gen 4tts 98 7194 1989 C N Y Chi Ac St L 6s 32 CHICAGO March 10 (AP)— fortunes have befallen” M Ac Bt P gea 4g 0 74 A do ex85 Does the talk and 1989 A 78 C do 0 M St P A Pac 5s N Y Ch Ac 8t L 1st 4s perience suggest that perhaps after J794 75 1937 all there is a limit to profitable ex 9M1 18 9M 9 V N Y Dock Co 6s 38 do ad) 5s 2000 8414 15! B454 8414 Chic Ac N W 68 36 41 N Y Edison rfg pansion by any one corporation— not Chi At N W rfg 5a N Y Edison 5s 44 enjoying a tfionopoly? Said one ex4994 50 11' 50 2037 NYOELHAcPcol 3114 to V 3414 3714 me the other day: 111 ecutive do cv 4 s 49 5s 1948 43 43 61 43 N W 4ls 2037 Chic "Before our business blossomed 5714 NYGELHAcP 5714 5 57 Ch R I Ac P 4 'as 52 A m 4s 1949 p into a monster in size we could take 41 43 39 44 do evt 4 4a 60 N Y N H Ac H 1st Ac rfg 68 Itl 68 an Idea or a proposition to the boss do rfg 4s 34 1967 hm 4S Chi St L A Pitts 5s N Y N H Ac H deb 4s Now evand get a prompt decision 100 100 1100 Chi Un Sta 5s 63 B 1956 98 v4 98 a 98 to to has be 1944 sumbitted 5s Chi Un Sta erything N Y N H Ac II deb 4s 85 10 85 W Ind 5Ss 63 8t Chi committee And if there is anything 1957 72 6 72 W Ind 4s 52 7lk Ch N Y O Ac W rfg 4s 92 44 44 44 that can kill initiative and enterprise 43 Childs Co 6s N Y O A W gen 4s 55 58 58 5H Chile Cop 5s 47 and entail fatal delays it is a N Y Rys pr In 6 65 A 91 91 91 Cinn Gas A El 4s 68 41 7S 97V4I 97 N Y Steam 5s 51 It’s one thing to convince Cin Un Term 5s 2020 9" 14 lOO'i 99 39 N Y Tel gen 99 96 9 99 one chief executive of the value of B rets 69 VI 70 2 70 N Y Trap Rock 6s 46 5s L C C C A 8t rfg 41 62 40 61 61 N Y W Ac Bolt an Idea it’s something very differ84 84 84 1963 D Niagara Shares 96 ent to convince every member of a 96 96 Cleve Un Term 6VjS 72 69 69 69 1950 STEADYTONE Mi 12 0s 5s 4s V 4s 5s 1 ed nn its ve gh lal iy e is LlO Feb-uar- ap Ils- - 5s of ) e- - ild ral 7s ng rhe rve eek rRl one-ma- 11 an the edit of saso 000 In in - ?fi5- - New 000 mta S5® nks t in ars) year Yr 575 n 180 14 750 315 6 990 ' 529 19 the rlose hou- - 234? 3834 6181 321 0918 420 7869 9 7289 6144 858 034 824 39035 99380 17381 109 588 47107 13 4fiA 19 001 led to (W 'ottofl ay m but be in es aie eased nt of for its on abrica 261 57 66 64 64 64 61 61 So Ry gu Sou Ry 4s M 64' 1938 W Bell Tel 5s 54 St Oil N J deb 5s 40 51 St Oil N Y S do 5s 67 do 4 s 56 4s Tenn Cen 0s 47 T C I Ac R R gen 5s 1911 Tenn El Pow rfg 6a 1047 Tex Corp 5i evt 44 Tex A Pac 1st 5s 2000 Tex A Pac 5s 80 D Third Ave ad) 6s 60 Third Ave rfg 4s 60 Truax T Coal 0a 5g ElTT aTp Un 1914 El Lt A P 5s 32 El Lt Ac P rt 5s 33 Un Un Utj Un Up Uh 4s 07 Pac Pac 1st 4s 47 Pac gold 4s 08 nac rfg 4 2008 Unit Bis of Am 6s 42 Unit Drug Del 5s 53 TJ 8 Rub 5 Utah Pow util Pow Util Pow w w Vanadium 58 5a 83 91 70 39 49 23 3100 13 0 101 3100 47 59 92 171 40 2 80 4 43 8 5s 41 5s 75 Wabash rfg Wabnsh R R fst 5a 1979 Walworth 6s 41 Warner Broa Piet 6s 101 101! 81 81 90 1951 23 23 100 61' 93 80 84 99 61 94 80 84 100 80 42 45 86 42 40 39 40 62 94 09 91 44 62 63 94 99 91 43 93 99 91 43 12 13i 71 20 75 19 32 1941 43 43 43 101 100 100 100 100 100 60 59 59 98 48 98 47 100 100 95 93 Warren Broa evt 6a Water Pow 5a 1939 Western Flectrie 5s 44 Western Maryland 4a 1972 W N Y As Penn 1st 1937 O 1950 5a 40 1038 Western Union 5s 51 do 6s 60 48 Wheel 8tl Willvs Overland 1933 6s 6s A Wilson A Oo 1st 6s 41 Wls Cen gen 4s 49 Wis Cen 4s 8 Ac D div 1930 Youngstown 8 Ac 28 S9( 38 41 S 301 31 8 6 8 T 5i 0 86 07 66 27-- do vlous day year ago 58 74 2' 74 16t 32 19 38 7s 7s 4s 36 4s 60 91 85 41 34 68 i 68 7a6s40 57 ' 36 38 34 38 20 20 rl 63 9i 30 85 41 13 13! 13 34 34 14 Wrightsman headed a committee of stockholders which recently objected to certain business policies of the former administration 12 36 34 34 ?3 23 20 70 67 29 52 57 DIVIDEND VOTED March 10 W— A MINNEAPOLIS quarterly dividend of 25 cents a share payable April 1 to stockholders of record March 19 1932 was voted by directors of the Northwest Bancorpora-tlo- n at the quarterly meeting yes" e the corporation was orterday ganized ln January 1929 quarterly dividends of 45 cents a share had been paid regularly 71 41 38 34 75 37 53 45 Vi 34 4 A 9 6f Cundlnamarca 8s 51 Denmark 6s dent 13 Cordoba City 7a 37 ctf Cordoba Pv 7s 42 Costa Rica 7s 51 Csecho 13 14 do 7a 47 47 do 1904-4- NEODESHA Kan March 10 (iPy— B Wrightsman of Wichita wai elected president of the Standard Oil company of Kansas today to succeed A S Hopkins of Neodesha at a meeting of a newly elected board of directors Hopkins was made a vice presiC 16 37 6a 5s fis Kansas Standard Oil Names New President 804 61 do do 6s 61 Chile 8s 60 do 6s 61 Jan do 6a 61 do 6s 61 Sept do 6a 63 50 Cologne Colombia 6a 61 Jan Colombia 6s 61 Oct Colombia Mtg- - Bk 7a Cuba Cuba Cuba 6s Cuba 5s 610350000 6517302000 21 16 95 93 Cauea Val Chile Mtg Bk H 312119 000 pre week ago 612667 000 twa years ago 616 January 1 to date 6617894000 samw year aso 6546 0470001 same two years ago 74 74 31 5a $13 230 000 714 000 7 0a Copenhagen Copenhag 4s Cordoba City 7s 49 Vienna City 6s 52 Warsaw City 7s 58 Westoh Un El Pow 6s 7s 35 6 57 1953 68 Bulgaria Bulgaria 7s 67 46 Caldas Canada 5s 53 do do 45 6a Yokohama 6s 61 Total sales Thursday 5s 5s 1001 60 24 23 23 37 35 9s 46 Uruguay 6s 60 do 6s 64 ruguay r 7 British 5s flat Budapest 6s 3 Buenos A 6s 61 Buenos A Prov 6Va 9S ft iper Aust 7 Brisbane 5s 57 Brisbane City 5s do 6s 50 37 British 100 86 67 6a 6s 41 36 31 8 6 V101I101 14101 a Un 6tl Wks 6 47 A do 61 C do pper Aust 7 52 53 67 68 68 j 6 1946 Western Union col tr &s Bremen 6s 0a 1938 23 91' 88: 101 93 : 28 1952 75 20 32 100 s 1955 10041101 28 8s 62 6 Brsrll C Ry El 7s 921 91 45 7s 0s do do 100V100L 32 Western Union ' 89 6e Brail) UW 1030 Western Pac 1st West Penn Pow 60 16 101 32 101 16 93 59 do do 6s 55 Bolivia 8s 47 do 7s 58 Bordeaux 6s 34 Braxil 8s 41 49 100 ll! Va Mid en 1st 5a 36 Va Ry Ar Pow 5s 34 Virginia Ry 6a 62 Va Ac B W con 5s 58 Wash 21 Belgium 7s do 7s 66 49 do 0 do 6s 55 Berlin City 6s 58 Berlin City Elec 6Va 100 100'100 6' 94 80 l 84 5s 44 U Vtni 101 47 Ac Lt Ac Lt As 1007 54 01 49 3l 93 51 do 7s 62 65 66 61 58 60 61 55 93 50 01 51 171 I 8100 A 1943 401 61 Austria gtd 7s 43 do 7a 57 ctfs 6s do 614 65 66 65 57 60 O Ac 80 65 61 05 66 ' 69 42 12 99 99 85 89 4s 4s 5s 4s 4s I1'-- such-utilit- 1 4s Ao 4s t 3s 5s 4s s 6s SALT LAKE CITY! Ac 1 1 Ac Ac 51 cortt-mitte- e 4s 4s & Copyright f 8613 Argentine 6s 111 f 80183 5s mail-orde- wholesome lasting good will come? 85131 9 49? 4s il 4s committee" May it not be that out of all our present grievous afflictions some 13 66 67 5s ! un- - r 6l Ac 3r- - 25- 4V-- j Ac 81 fts 94 4s 56 43 Abra 6c Straus Adams Exp 4s 48 Alaska Gold 6s A 1925 do 6s B 1926 Albany Perf Wrap 6s in g 1970 1 tu 4 69 w W So Pac Sou Pac rfg 4s 55 So Pae col tr 4s 49 Ore Ln 77 So Pac Sou Pac 8 Fr Ter 4s 11 50 Pac Ho 12 CORPORATION BONDS 8alea lh 1000 — “ BONDS KEEP do 7s 66 do 08 68 6s 6s 5s6s 1000 34 99 5 98 48 100 10 100 676 100 19 100 112 103 20 103 239101 6 1100 506 98 8 97 301 96 8 91 2361 9512i 94 440 96 4 95 295 02 20 92 800' 90 28 90 do 6s 55 ww 1048 Shell P L & 63 Shell Un bs 47 Shell Uu 5s 49 w w Silesian Am col 7s 41 Sine C Oil col 7s 37 38 Sine Con Oil 1932 by B C Forbes) white 34fc35e Oats— No 2 white Trade Trends 1 (By Associated Press) Bank clearing — For the entire country bank clearing for the week ended March 9 totaled 45539498 000 a decrease of 1 5 per cent from the preceding week and 32 per cent below the same week last year acNew cording to returns to Bradstreet's York bank clearings showed a slight gain oer the previous week due to Increased activity In security markets Oasollne— Buvnf by Jobbers to build up storks for spring demand has imparted considerable strength to the midwest bulk gasoline market IT S motor grade material below 57 octalne Is quoted at 3 to 3 Si cents a gallon at Chicago with the ft? to 64 ortaine material at 3 to 4 Vi cents Railroad supplies— The American Iron and Steel Institute reports shipments of spe dal or fabricated tee rail trarkwork in February of 2765 net tons compared with 2738 tort in January and 6321 torn In February 1931 Meat packing —Financial Interests Identified With the meat packlr£ Industry are said ty hold more optimlsMe views of the Industry's possibilities for 1032 Some meas ure of stability in prices Is looked for this tear In contrast with the pronounced down- - trend CASH QUOTATIONS CHICAGO March 10 (AP)— Wheat— No 2 red 59c No 3 red 58if5 58‘ic No 2 hard 58 ft 59c No 2 yellow hard 58Tc: No 4 northern spring 58c No 3 mixed 58c Corn— No 3 mixed 34c No 2 yellow 36't37Vc No I yellow 34Vft36c No 3 of 1631 wh'te 9424‘4c 24ttfc25Kc No Barley— 42S 80c Timothy— $3 003 14 Clover— 39 00 '4 Rve — No sales Lard— 4 92 Ribs— S6 00 BelUes — $6 00 25 00 Tonic March 10 (API— A break In and a Ilvelr In French francs featured the foreign exchanges tods The British pound reacted to a closing cable quotation of 13 63 Off 7 cents net Lowering of the hank raa was Interpreted a meaning Fngland was to check both sterling advance and the further accumulation of forelsn funds at London The frano came back to 3 94 cents up 1 points thus returning almost to the gold Dealers aald there had been eon point slrierabl covering of ahort sale German marks firmed at a new laij high while both Dutch and Wwlas currencies Improved sev-rpoints Japanese yen rallied about psH a cent Great Britain In dollars Quotations Others Jn rents Great Britain demand tS 61 H : cables v $3 61: bill M 69 France demand 3 04 JIM get cablrs 3 94c Italy demand 5t8g cables 8 18c Demands13 Uc: Belgium Gwmny 40 3Je? 84ri Holland Norway 70 09c Denmark ?0 04r: 6wt‘er-lan- d Bweden 19 4n-7 64r Portugal 3 gnaln Greene Poland M 30e rsecho-Bio-vakl5M6c’ Junfav1a 178c Austria D Rumania "0Hc Argentina 31 77o Bravtl ft IT Nc: T"kn 31 69c RHanshal 31 2W Montreal 86 81c Mexico City (silver peo) 3S 71c flute—Demand rates are nominal t0c Inv Tr 57 MINNEAPOLIS 1950 MINNEAPOLIS March 10 (AP)— Wheat-Rece- ipts Con Gas N Y 39 cars compared to 119 a year 1945 51 aso market vc higher Cash No 1 north- Con Oas N Y ern 71Sfi73Scj No 1 dark northern 15 Consumers Pow 5s 62 per cent protein 76H8 79ltc 14 per cent Container 5s 47 protein 73l4f76Sc 13 per cent protein 71H Corn Prod sf 6s 34 12 per cent protein 714 ft73Sc No Cuba R R 74s 38 w w f77lfcc I dark hard Montana 14 per cent protein Cuba R R 6s 36 69Sp to arrive 6tiSc No 1 amber durum do 5s 52 8lTn?89c No 2 amber durum 84T4ft Cub Cane Prod 6s 887c No 1 red durum 74Hc May 69)fcc 1910 6910 July September Cumberld T Ac T 5 37 Com— No 9 yellow 38MOc Oats— No 3 white Del A Hud 54s 97 Barley— 45 if 5Ro Del Ac Hud rfg 4s 43 Rv— No 1 487450t4c D As R G con 4s 36 Flax— No i II 39ft 145 do West gn 5s 51 D Ac R O W rfg 5s 78 KANSAS CITY Det Ed col 6 33 KANSAS CITY March 10 (AP)— Wheat-Recei- pts Det Ed 6s 49 A 131 cars unchanged to c higher do 4 4s 61 D No 2 dark hard 671c No I 6lH79c Ed 5s 62 C nominal No 2 hard 6264 4c No 2 61VV Det Bros deb 6s Dodge ft 79c nominal No 2 red 62w54Wc nomi1940 nal No 9 5l'4Cf54c nominal Close May Duluth 0 B Ac At 6i 37 52Hc July &4Vc September 66ic 67 A Corn — Receipts 19 car unchanged to Uc Duqueane Lt 44s higher No 2 white No Edison Eec Ilium of nominal 3 34ft31lsc: No 3 yellow nominal N Y con 5s 95 No 3 )5fr364c nominal No 2 mixed 31V Erie rf A Imp 5s 67 rnSB'Ac nominal No 9 33y35c nominal do 6s 75 CloseMay 40Sc July 1st cn Erls pr In 4 96 Oats— Receipts four cars nominally undo gen lien 4s 96 changed No 2 white 25ft23'4C nominal do evt 4s 53 A No 3 23?r27e nominal Frle evt 4t 53 B Rye— 44 rt 4lc nominal Erie As Jer lit sf 6l 55 36ft37o 5a 4's 610 lnvestment Trusts NEW YORK securities March 10— Investment over the counter market J Basic Industry Bullock Fund Shares Trust Shares Corporate do AA do A Fixed Trust Shares A do series B Fixed OH Trust 8hares Trust A Depos Bond Cert Diversified Tr A Five-Ye- do B do 0 do D Fund Tr Shrs A do B Low Priced Shrs Maas Invent 7r Nation Wld Bee Natl Induat Shrs Nor Am Tr ftiiare Stand Am Tr flhn Trustee Aland Inv D Twentieth Cent Fixed Tr United Fixed Shrs United Ins Bhra tinned Bank Tr U A Fleo Lt A Pov A do H Bic1 T 84 85 81 87 87 87 87 Ohio Puv 6rv 7s 47 Ont Pow A N Falls 5s 91j 91 91 Or 21 Ore Wash R R A ll 41 1 36 30l r 1 rioii 30 36 41 36 3d 2 101 2 101 95 86 41 90 90 107 43 44 73 62 48 48 90 F1k Rub's 41 Fonda Jn A Gl 44 1912 Fre Elk A M Val 6s 33 25! 25 25 Oen Bftk 54s 40 Gen Cable 54 47 Gen Motor Accept 6s 95 65 5101 4 91 32 95' 6 75i 5 59 It 301 01 22 4 Rlv 1914 Houston 1940 As 42 54 Oil Tex 1957 Hum Oil As 1912 Ref 64 58 ft 4s fCArOSLAsNO 63 A rf( 40 dh 44 78 Inland St 5 Ml st-- ei 44 I 15 Hllnols Cnt 66 Cent rfg 4 M Ill Cent col r 4s 53 TU 1943 A Inland bt 44s II il Ry A Nav con 4a 1946 N 4s 1961 48 1938 Vi Ex 7a 37 W W Dtx 6s 41 A 81 P A L R R gold 30 R R gen &a 68 R R 5s 64 03 R R 65 R R gen R R gen 1981 D 4s0s 91 4a stp Ry 6s 64 161 75 59 IV 4a 6s FI MUli 6a Plllbury 1U43 P C C A 1 L 4 ‘ns P C C A Rt L Pitts A W Va Porah Con Cull 4a 6042 RC 4i 1957 4s 1942 Postal Tel Ac Cab 5 M Pub Her El Ac G 4 a 1 1967 Pub Her El As 96 83 72 82! 72 02 72 36 341 36 0v 03 03 33 3‘t 87V 64 04 31 87 31 87 03 01 63 ioniloo 98 100 99 9V 9 43 V Mftl 48 Ml 4 3 64'al 48 47 9 P0a4' 94' r8i'81 c7 80 4s Pub Ser El A G 4s 37 Pure Oil 40 Pure Oil Purity Bak 5s 48 5s 5s 61 43 54 48 47 00 81 80 71 Rem Arms sf 0s 37 A 47 w w Rem Rand Hep Ir A Bt sf 5s 40 Revere Cop Ae Brass i 6s 1048 Rlchflrld Oil Cal 6s 44 Rio (ft W col tr 4s 49 R I Ark A La 34 5s 4s 44 8t Joseph Lead Co 1941 101fl01 41 il O 1970 97 96 6s Portland Oen El 100 Porto Ric Ain Tob 6s 59 98 321 the of the people of Salt Lake City Pera Marq 6s 56 Here Marq 4s 56 Phila Co 5 67 Phil Elec 4s 71 07 Phil Flee Phil Read O Ae I 6s 49 Ph A Read O A I 5s 73 39 Phillips Pet 102 75 96 96 It 5 ng strength — and it shows the spirit Penn F F 4a 48 Peo Ac Pek U 95 65 82 98 I9'Ifl! It shows the enterprise— it shows 4a 4s 1974 over-subscribi- ng The Community Chest fund is expected to total approximately $172000 which is $17000 or more in excess of the quota than 10 6a 5a 1950 Pathe Penn Penn Penn Penn Penn Penn Penn Penn far-reachi- efforts 6a 1051 civic-mindedne- ss PCCAcSL5i75B 63 82 984 Pacific T Ac T 5s 37 Pac TAT rfg 6s 52 Pan-AP 6s 1940 Paramount Bwy Para Fam Lasky 1947 Paramount Publii NCE more the people of Salt Lake City have shown their splendid in a very manner by practical and to the Community Chest Our congratulations ’go to the community— to the 16503 subscribers — to the 1806 workers who not only gave their time to secure subscriptions but also gave money — to the able leadership that directed the campaign— and to all the institutions and individuals that contributed their facilities and A - Rt 141 1 do 6s 97 TIlInoliHenTTl 111 Cent 6 61 1941 P 4s Hudson Coal Is 62 A Hud A Man rfg 6s 67 A Hud A Man aaJ Inc 6 87' 88 90 90 100S 10074 I"1 North States Pow 5s 74 45 B do 4s 77 E Oulf fits B) 14 48 3 35J do 0s 45 Harlem 1(2 lj 1947 1953 65 33 41 I101 looy'ino' 93 94 Equip Oondvear T As B 6a 117 Or Tk Ry Can 7s 40 Or Ik Ry Can 6s 16 Ot North Rv 7a 36 A Gt North Ry 54s 91 91 Otis Btee 16s 41 16104o4 10i 95 M 95' 91i Pac Coast 1st 5s 46 13 K0 100V4100 Pacific O Ae E 5s 42 15 21 15 15 HR of Mo 1st 4s Pac 101 2 101 '101 107 43 44 72 61 Onodrlch B F 64s 97141 914I 91 87W 87 104 1 107 35) 44 73' 44 341 73 3 62 1 48 3) 48 Theaters 971! Pow 6s 41 B Sates 87 80 32 95 1949 6 101 371 4! 8 B1 92 05 32 95 6a 1940 A Nor 100 Oen Ohio T Ac L 0s 47 Northern Pac 6s 2047 do pr lien 4s 97 do gen 3s 2047 05 83 86 1937 5s 69 C Am Edison 83 1i00 Oen Pub Berv 54 39 Gen Steel Cast 64s N N 83 21l20 e 69 95 87 65 37 41 HU 100 94 100 trust Asked 85 5'V 6 Vat of Md 5s Con Coal I 15 58 1949 91V 09 91V 69 91 A Coml N L Ac O Pow 5i 55 A Norf Ac West con 4s 90 North Am Co 6s 61 84 38 1935 1935 - Foreign Exchange Cleve Un Term 41ss 1977 C Colon Oil 6s 38 Coin Ac So 1st 44s Colo A 8 rfg 44js 80 Columbia G Ac E 6s 62 April O At E 6s 3 Columbia 1952 May do 6s 61 Cohimbus Ry P As L 4Ws 57 Commerl Credit Paint materials— This market continues to show Irresular and divergent price trrnds Jfiia7c featured recently by a reduction of o a 360 rs pound for all fine oxides by leading Shellac varnish has been also lowered 10 cent a gallon Lead pigments 38c are steady and English vermllllon has continued to movs upward Sugar — The almost daily recording of new low price level for raw sugar over the Barley— past week has Inspired no little fear In sugar trade circle that the Chartboutjia stabilisaWINNIPEG tion plan will not survive the next sugar WINNIPEO March 10 tAP)— Wheat conference to be held next week In Pari Low Close High Mar deliveries on the New York coffee and t 877V 9 674 I 67 sugar eirhanxe sold today at 0 79 centa a 69 tfc 68 Vs 69Vk decline of 4 point from he previous close July and a record low for any futures position In MVFRFOOL the hls’ory of the sugar market LIVERPOOL M'ch 10 (AP)—Wheat-Cl- ose — -- A March 684 May 60 July 63 October 65 Excnanse 13 67 N8-- 1 O 5 flt L 8 W con 4s 32 Bt P A K O 8h Li 4s 1941 M A M flt P eon 6a 33 fit Paul Un Dep 5s 72 A A A Pass 1st 4s 8 1943 San Ant Pub Ser 0s 1912 flehulro bhaiua 46 6 Bt Roup I B 61 31 56 14 56 Hl 66 H’ WALKER BANK &-TRU- ST COMPANY Via St L r M Ae B 4s R Ae O diy uni Rt L 8 F P In Is 60 B 78 Rt L 8 F Bt L 8 F p In 4s 50 A Rt L 8 W Term 8s 52 4s V 11 A Tower of Strength MEMBER FEDERAL RESERVE SYSTEM |