Show jj 6 TIIE SALT LAKE TRIBUNE SUNDAY MORNING MAY C QUIET DAY A r rages (By the Associated Press) NEW YORK Mar 31— Following Is a Hat of Saturday s stock transaction on the New York stork exchangeSTOCKS In Hundreds) (Sale 426 Sdturdav Prev day 428 Week ago 421 Month ago 474 Year ago 105 8 3 yrs ago 2161 119 4 5 yrs ago Ex rn Show’ Trade Dullest for RRV Uts 169 600 171 693 172 728 240 802 757 1577 1341 2253 1169 1139 39 8 1110 169 693 1062 2039 308 928 1416 2813 864 1405 Sat- urday Since August 689 421 19311402 1931 600 19302024 19301129 1032 1932 High Low High Low High Low NEW YORK May 21 (—Stocks ambled today through the quietest Saturday market since August 8 ol (Dollars and 90 On dealings of only 302540 shares Statistics-Associate- hob At composite closed unchanged Quotations reacted moderately in the first hour but slow recoveries during the second evened accounts pfd (Jo Pac pfd lUuom Wa 435 435 437 496 Rally Finish Liens Corporate 1103 2041 1167 mulated by the Young committee Gossip has it that one line of endeavor is to be in the bond market which needs the support of bank buying Rumors of a large "bond pool" have recently been revived but whether such an operation is contemplated has not been disclosed It is believed however that federal reserve member banks will be encouraged to increase investments in legal securities other than U S governments Trade news at the week end was encouraging in that activity in leading lines seemed to be about holding its own Youngstown district steel operations are to be a shade higher beginning Monday and manufacturers are understood to be looking for some further gain in automobile buying Also prices so far have held up against the 15 per cent wage reduction although consumption volume has perhaps been too light to test them thoroughly There was some further loss of gold but weakness of Dutch guilders suggested the movement to that country might be coming to an end Europe has already drawn down her balance here very substantially and bankers feel that exports from now-oshould be smaller since it is necessary for foreign nations to maintain some funds here for commercial 1443 8 1 12i S' 12' 1 1 20 3 7 Id 2058 1147 13 3 T T At 19 1 1 111 23 38 11 38 ll 2 304 - “ - 1 1 30 33 28 88 3 3 30 - - 11 13 !! Gam J At N 9 I At Oil Pure c st Columbia Ill 19 r 21 At At 31 13 8 1 3 1 3 50 2 14’ 70 37 8' imp 5s 67 Imp 6s 75 70 Australia 18 18 17 17 Austria gtd 7s 8 43 42 3 10! 100 40 100 40 3 77 3i 65 3 77 65 60 U 2 2! J 60l 35)a 3 3 10U 35 100 Belgium 7s do 6s 55 11 do pfd 20 4 18S ” 2 S' Produce Market xdo pfd BUTTER CITY unchanged CHICAGO 194 15 14 14 77 65 60 35 100 YORK 21 May J2 13 13 17 26 23 18 63 31 Vanadium W u 10 18 10 16 3 3 3 3S 2 2 13 13 3 3 3 2 1 1 4 1 - Elec Bond Elec Power 17 9 42 S' 3 12’ 28 71’ 3’ Mining Gold ' Holllnyer Humble Oil It 3l L Midwrit Util Mountain Prod l’ Net Aviation 18 19 33 4 10 19 34 4 35 39) - p Pennroad Pioneer Gold Util Power Walgreen 'if Min u 'a Fifth Av First Natl Manhattan Natl City Public 18 30 32- N 18' TRUST Bankers Brklyn Trust Chemical Continental Corn Excbangg Guaranty Irvmg Manufacturer N Y Trust Title Uu&r At Tr United States companies 170 103 30 14 46 207 13 43 302 154 20S 11 - Ti Tel 70S' 85 Anaconds Cooper Range111 10! 4 Am As Edison Elec Employers Group Oen Elec Mass Util 48 4 New Fng 155 99 28 Cen Hanover 18 32 ey 60 29 50 33 12 Ralsh A Baiter TAT ssn is H1!141 5 6 ( 181 l5 13 lorn 50 17001 1 141 6 1 66 100! 4 y! 95 4 94 4 i 13 1 86 4 7 Shawmut A 411 7N Stone A Webster 3j! Unit Founders 15 no n Unit Fruit 30 569' 31 Unit Shoe Mach Total sales Sutuiclay 6260 shares Bell o 8u Com Utah Rom Fire ln Viali Metal Flux 20 Utah Power & Lt 7 290 IJtah-Mah- S JOOO 20 E C M 1 S Zioti'a Saving Bank Go 86 4 7 15 31 12' 4 85 00 03 46 5tif 19 00 Mtvrket Market 360 Bk Club Bond 00 ’i 1KI Falk Mining 03 MO Jenttm Coal Prod 04' 3000 Key Btruclure 40 0 Vtftfe Poullrv Product 60 00 tit Pr 07 Deb TO Vtah Power U Lt 7?i 46 00 lfl 10 1 W RALPH A BADGER & CO 18 Wet 5SECumnES UNDER 10 WE WILL BUY 20 Z C M ff h Rf Was 74! 74’ 74 9' 56' 56 li 1 1 TelTan 17620c Dixie Globe 5s 56 A 4rtc Elec Pow At Lt 5 2030 Ind 1957 do do do D KrPow78 B 00 D Oho Pow 4 Oklahoma O Ac K 5s M)i DRY GOODS UMFT ViT’i 57 NFW YORK Ms 31 (API—Cotton goods Pan 60 F do ruled quite steady with some print cloth 53 0 do 5 Finished goods are selling prices easier s 72 more frequently in small lots for promptlPhlla FI Pow 4ft j Pug Sd P At L shipment Rayon yarns are very quiet Bur-re- —— — K— in are lleht ere silk goods laps steady’ Moderate sale nfiRnlder Par 0s 13 quest for spot delivery summer flannels and tropicals were re- -j Smith Cal Ed 3s 311 do 3 M ported iHnnihrm Nat Gas 6s 07 4r 5s - g Jw i fiisndarrl P Rnd fi’xift a J sJ-- fark rUc flew York Errlr Bldg Ogden 6s 35 As Lt 8s 5? Tel 5 Co 5s 40 7 66 64 T 50 44 rjo-L 96 RDi-t- 17 II 0 64 SO 98 98 34' 35 44l 44( 41I 43 41' 4141 44 41 35 44 7 3’ 39 8 74 “ ?" 41 3 71 74 aI do 7s 41 Wks 6s 32 7s 38 xw 46 xw Vj 66 87 45 27 4 66 Total issues traded 874 0741 68111 674 66 531 554 Chicago Grain j 47' 7S 0 6H CHICAGO Mav 21 (AP)— For the first 564 5611 564 4 77 4 774 time In a long while the wheat market today scored a substantial advance despite bear S' 48 4 48 41 484 Uh cable reports Increasingly sensational crop damage de1104 3 104 '104 velopments In regard to United States win32 103 10374'10374 ter wheat led to broader speculative buy1 at the last outdoing the 47) 47M 47 ing with the market 5 17I 17V 17 topmost previous limit since April 27 Nebraska and Kansas crop advices were worse 62 62 than any heretofore this season and were 5) 62 supplemented bv disturbing reports from 20'Illinois and Indiana Wheat closed strong Sc to 1G above yesc up oats c to terday's finish corn varying from ‘c decline to c advance and provisions unchanged to 10c higher 77 5a 58 57 RANGE OF LEADING FUTURES CHICAGO May 21 AP— Low Close High 56 55 61 51 A 6s 80 VlennaCity 6s Total sales Saturday 96 180 000: previous day 14 520 000 week ago $6 235 000: vear aao 5475000- two veers S4 790000 January 1 to date j! 203932 000: same year aeo 1107 918000 same two years ago L I 4 4 Share Earnings Wall Street Briefs Lar- d- May 41ft July September — 420 Bellies May 39ft 400 4 10 420 4 10 21 (AP— Per share Ma NEW YORK earnings of corporations reporting during with various week for the past periods following comparisons included the 31— March ended Quarter 1932 General American Tank Car 050 33 MaeAndrews At Forbes Rsybcfltos-Manhatta- 3 92 wt n Bush Terminal Mahoning Coal Railroad Rudd Mfg CASH QUOTATIONS CHICAGO May 21 (AP)— Wheat— No 2 Burid Wheel Brillo Mfg red No 3 red 68c No 2 mixed Corn— No 2 mixed 33c No 2 yellow 33 Anaconda Wire At Cable No 3 yellow No 2 Glidden Co Coty Co white 33 c — 2 2 27 No 23c: North American Csr Corp mixed No white Oats $24c No 3 white 224i23c No 4 white Columbia Oss 0c Electric 22 ft 22 c Twenty eight weeks ended March 11— 422 313 — s Inc Loew Rye No sales coded December 1- 1Barley— 34n 44c 1M 3 00 2 75fi seed— Timothy I 84 8V65 Standard Oil of New Jersey Clover seed— 9 25ki'1375 403 H P & T ' Lard— 3 02 The number of unfavorable dividend — 12 Dairies 4 Southern Ribs changes rose slightly In the past week toCreole Petroleum 14 00 Bellies— 50 m taling against 47 In the preceding week General Theaters Equipment tlie Standard Statistics company reports Preferred MINNEAPOLIS ijg There were six favorable changes compared zClass A Wheat-Rece- ipts 21 MINNEAPOLIS (AP)— May with 14 the week before 73 cars compared to 150 a year COFFEE GOES EASIER cash No I northhigher Bradtreefs weekly index of wholesale ago market 1 No 1 dark northern 16 per NKW YORK My 21 (API — Coffra foo£ prices registered a new low level for ern 66 ti 68 14 per cent pro- todfir undrr trade end commission hone cent 731478 protein 17 week the at M 65 Thf deended Mny 67 & 11 per cent protein taking with tidi?0fi73 selling credited to profit cline for the week was 1 3 per rent bi lim- tein 12 per cent protein No 1 ng restricted No 7 contracts opened unt'70 66fri68 Index the 7 down 52 to ing adjusted per Montana 14 per cent protein changed and closed 1 to 3 lower Sales 1 1000 cent of the 1928-3- 0 average a compared dark : hard to lower and closed to arrive 68 No 1 amber durum Santo opened 2 to with 7ft 6 per cent for the same week a 58 78 Closln 73 No 2 amber ourum 72(p77 No 1 lower Bales 3000 quotations: No year ago 017: Septem63 red durum 5li53 May 63 617: 1 Ma? July contrsets— July March 0 Ml Ran 61 ber 6 00: December NFW YORK Mav 21 (AP)— Onlv four September I os — Com— No 3 yellow 35036 Msy S9 00 July 955: September 1 15 flotations of MOOftOftO or more are Included 121 9 3942 25: March December Rye— No 2 in next week’s total of Jft324749 in new Santoo 3 12047 1 23 Spot coffee auiet Rio 7s 8H0t8 state and municipal financing scheduled by Flax— tos 4a lQVft 10 38 communities according lo the Daily KANSAS CITY Bond Buver The total for the past week SFED UNCHANGED AP)- - Wheat— KANSAS CITY May 21 was 57225746 Receipts 323 cars unchejiged to lc higher TOLEDO May 21 (API— Toledo grain on 2 2 No No dark hard nominair54i81 rate basis nominal track Settlement prices of metals st Balt Lake Facilities for dealing In stock and comNo 3 54ft80- No 2 W rd Wheat No 2 red 64t54VxCi No 1 red smelters as quoted by the American Smelt- modity markets will be placed at the disposal nominal ft 55 3 55 3 55 No No red close of are 557733C Silver ing and Refining company passengers flying the air transportation May 63 September 65 V DeJuly 64 Corn No 2 ytllow 30$i31c No 1 71 c an ounce 37 lead 3 00c and copper route of American Airways throughout the cember 58 low 29ft30c south and southwest by the New York stock 515c a pound — 11 to Vc Corn cars' unchanged Receipts Oats and seeds unchanged exchsnse firm of Fenner Beane At Unger-IcldNo 3 nominal Gram In store transit billing attached The new service will be Inaugurated higher: NoNo 2 2 white 34 NEW YORK May 21 (AP)— Bar silver-Qui- et yellow nominal 37ft 38 No Wheat above track quotations on Monday 8everal months ago the firm 3 36 lower at 27 and 2 No mixed nominal corn 4 tide above 33d34 established 4 similar service on southeastern No 3 nominal close 32(n34 May 32V routes “ air LONDON May 21 (AP)— Bar silver— Quiet July 34 V FRUIT AND HOPS lower at 16 d and — Receipts 1 car unchanged: No 2 21 (AP)— Dried fruit Qats YORK NEW 100 For May of : sold merchandise every during discount rates short bills Money nominal 234(26 No 3 nominal 22 1 and hops steady three-monretail merchandising corporations made white tf btils per cent 1931 26 a net profit of X3 08 according to Fair-chil- d ft Rye — Nominal 4547 whole-ule s rendezannual of fmumlnl summary NEW YORK May 21 Cafe Josty world-famoHarley-Nomi37 30m and retail teuile-uppnrcorixiraiious unchanged vous of Berlin has closed for lack Dming 19JU these corporajust Is ued WINNIPEG tions earned 3 79 fur each tiuo sale of patronage All VLB ITTURFA WINNIPEG May 21 iAP— Wheat ver NEW YORK May 21 futures Low Cloe High of New board of The York the governors closed early sal 4o0fxio ounces C4 63 64 May Close Md exchange today voted to cloe the ex- Low High tifi 85 60- on May 28 the Balurday preceding July Jesse T Badger E C Davies 27 00 cltni Mar 2793 3195 63 63 02 October 2K 15 Mcmuiial day 1 July northern 64: No 2 Cash wheat— No 2k!35‘ Heptember No 3 northern 56 northern WOOL ?H 46 October Oats— No 2 white No 3 white 34 BOSTON Mar 21 (API— Reports of actlv 28 70 December Itv In the country enpccially Texas have Members Salt Lake Stock Eschang LIVFRPOOf overshadowed in itwporlnnre the slight Wia 7029 23 West 2nd South LTV FR POOL Mny 21 (AP— Whcgt closed: rfmted in the of manufac- : 5ft: suxar Hirers for Wool In thisinquiries 60 62 DecemJul October May market The aclual aas quiet and unchanged today The in wool continues very dull and val ber exchange 3 68 spot wheat New was steady with buver ues remain unseM led Transactions in Texas Wales 6s‘ No 3 Manitoba 6s however drrton No 2 sMll showing interest at last paid pri'c hard winter 5 11tf 5s 8d of assumed imoortance because the nfjhaa 2 50 tor spots o but nothmg was firmly of- - contrast they how In the attitude of d below j and no sale were r ported jmPfl towrri the new dip in that section as I was rumored that Chin was Inquiring compared with the dullness of recent weeks lor suisr in runs of the country and in this WE RECOMMEND Futures were quiet but the steady tone ofJin other sections Fast Connectioni With All Markets tha spot market and reports that China was Dependable Service in AU inquiring tor Cuban sussr seemed to rePower of L’tth th purcha Unlisted Securities were strict offerings and puces generally 8c: 59c 32i32c tfJ3c: Yr 28c 0' 1ft 4 96 29 iF7 29 L 23 v 1ft 1ft 27 23 23 lif ie' REW YCinK Mar 31 fAPI-Rnclosed quiet May 2 95' Julv 2 96tj 3 32 96: fVutcmher 3 04: December Smoked ribbed spot closed 2 93 L BanFeicarinps Friday’s br Paine d Icvt vear Rn Hid iv 9 bnk dearth is a rvr d'V ViMks bank dealing c 64Ult last year T 2 J4? 4 2 164 41 6 1H4 )fi n 14 Oil) ' Oft 74 ft 40 93 Davies Badger 37: rofe ld I Oo New York Stocks Bonds and Silver Chicago Grain 7 CumulatlTe Pfd tock $4650 plui accrard Interest At this price the stock will yield Interest on you more thsn 13 steady closing net unchanged to 2 points higher and sputCovering for over tha wreek-qn- d tered trade and commission house buying accounted for the upturn but on the whoe there seemed to be little disposition to make extensive commitments with most operators inclined to hold aloof and await adjourndevelopment ovrr Die week-en- d were only woo tons Hale ment May 70 Decemoloiwd 54 July 6J fivptembcr ber 77 January 78 Mardi 83 arid next Rubber 2 (By the Associated Press) Cocoa— While cocoa prices showed firmness during the past week manufacturer were not important buyers according to the weekly market review of the New York cocoa exchange The market was described with holders unwilling lo as deadlocked lower prices and manufacturers showing no desire to reach for spot cocoa Hides— Values on the New York hide exbut generally change moved irregularly downward during the past week showing Traders losses ranging from 5 to 20 points were disinclined to extend commitments in the developments stimulating pending hide and leather situation lumBer for orders tha Lumber— Though week ended May 14 exceeded production by were more 13 cent they per approximately than a third below the volume of new busi-w ness received during the same period year ago Shipment for the week exceeded the cut by U per cent Oasoline— Leading oil Interests deprecata talk of a price war In gasoline in Atlantic seaboard territory but Indicate dissatisfaction with competitive conditions which drop m brought about the recent The trade hears that service station prices the price cutting was initiated by some of the smaller distributors Floor covering— Reports In carpet end rug markets forecast a continuance of current prices when mills open their fall lines early next week Adherence to present staprice schedules will make for greater bility in the trade in the opinion of selling agents Tin— Tin futures on the National metal exchange experienced a sharp recovery dur-in ing the week in sympathy with advances the London tin mjrket on expectations that the International tin committee will approve a revised restriction program 220 633 000 Lljht it NEW YORK Light ind Power ire necessities in our community ind the above 'price ii only possible owing to the scarcity of money Now teems a wonderful opportunity for those with cash to nuke themselves wealthy on the artvanre which is sure to COFfFK May 21 steady: moderate inquiry Hio No 7 Sft' Santos No 4 Ift! Rio futures closed ouiet: approximated sales 1000 baas May 6 77 Julv 6 77 September 6 09 De-- c mher 6 60 May futures closed quiet sales 0 5S Sntcm-be- r 1'bHj baas Mht ft 80 Ju! 0 2) 9 17 Dcambcr March 9 23 come B nmiUR AwKin Wit VINO TON Del May 31 (An Application for titf Pvointmcnt of a recevcj inf the Republic ccino'gtion of Cbrnq (' iuii t U Uisnui si fit rnir’ WILL SELL your Investment X Actual sales Total stmk sales Saturday 60 000 shares vear ago 14? 035 shares Total bond sales Mav 87 Saturday fl6mj000 year aro 1932 000 lit refined there was moderate Inquire reported and prices Were unchanged at 3 75 for fine iiunuhtled M 525 399 63: 4t 41 ftfl (inlon Oulf Corp St &0 51 29 u 8 Rub 6 FOREIGN BNI8 in 21000 fitmnes 45 27 60: ini 4 101 4 3 Ab g Her Cons 1 Snon Pub M Y 66 33 2941 304 WHAT THE STOCK MARKET DID Sat Frl Number of advances 173 Number of declines 18!) Stocks unchanged 163 5ftks Nntl Nat Pub Serv 5s 78 Nevnd'i Cul Fl 5s 50 New Eng O A’E 5s 50 N Y Pow At I t 4 ‘"S 67 Nlaff Full" Pow 0s 50 Nor Wt‘t Puw Gs 60 Va Bland 6 g ennv - do 6s M a do As 66 37 9800 Trade Trends a 47 54i 64: 86s” 2026 A Libby McN AcL 5s 42 lft44 46‘l 6s Metals and Money L Ss A Lehlch"T I 1TWI C 1939 a Are you looking for en authoritative ’’boiled down” list of the live outstanding securities recently selling under $10 per share? You 9 of course are interested only in UTAH POWER & companies in sound financial con- - w dition and with good manage- - J LIGHT CO ment and prospects You may ! have a new compilation of 5 such 9 $7 Preferred low priced securities if you send $1 at once for the next S issues of J 9 Offered at market price The Financial World If you mail your order within the 9 to yield app 15 next ten days you will also re- Detailed Information ceive the following much talked of reprints t "10 Don’ts For Inves- upon request tors” and "Sound Investment 9 Rules” Attach your address and dollar to this "ad” Do it before -A Hflfilc & Co you turn to the next page 112 Main Ft Fait Laka FINANCIAL WORLD Tit Jersey Cent P At L 4 1961 C Jonrs A Laughlln 5s A do B Low Priced Shares Mass InvAst Tr Nation Wide So Natl Inriust Shares Bund Am Tr Shrt 8a 32 - t V conditions” k 1214 J11SS 114 23 30’- 37 'i 13(1 46 6s 00: Tnsull Util Iny 6s 40 B 7 57 E hiterl Pow fnt Balt 5s 51 Inters Pow 5s 57 B O Fund Trust Shares E 47 Par IPct PariPct Amalgamated Sng 7s 1931 Con Bldg 6s 1934 Chief Con 7s 1932-3- 4 Mutual Creamery 7s 9 L As Ogden Ry 5s 1934 1939 Rocky Mt Pack 8 L Terminal 6s 1933 Sumpter Valley R R 6x Tellurldt Power 5s 1938 Utah Gas At Coke 5s 1936 do 8s 1936 1932-3- 9 V Clift Bldg Utah-Idah- o Bug 6s 1933-4- 0 Utah P Ac L 6k 2022 1944 do 4 Utah Lt & Trae 8 1934 fwd 6s 31 Fisk Rub FU Pow At Lt 5s 54 79 A Fla Pow Ind Sery 5s 50 Indinnanolls P At 3711 37 41 Med 7s 58 5g ' Local Securities 52J J 38! 1!'°'''' 5s 5s 5s Trustee Stand luv D loth Cent Fixed Tr RATE KKDI'CED United Fixed Slar£5 AP-T- he reserve United lux Hhurrs LIMA Peru Mae 21 hank of Peru reduced lia reiUhcmint rate United Bank Tr U H Ml Lt A Pow A from 7 per cent to per cent Unlay & BONDS STOCKS 2 86’ NEW YORK Mav 21 (API — Slight de-NEW YORK May 21— Bank suspensions dines in cotton Saturday were HttributediHnrm g the past week numbered 12 comto liquidation and a little southern selling pared with 13 in the previous week acpromoted by a favorable view of weather cording conditions in the cotton belt and an ab- banks to the "AmericantheBanker" Three reopened during period Total sence of any aggressive support 0°W Offerings were absorbed by trade buying lisbihties of approximately and covering on a scale down to 5 71c July and the latter became a little active in the late trading owing to a steadier tone in the stock market July closed at 7he Nw York 8tock exchange has been 5 75c with the general market closing informed that Pacific Light and Power at net declines of 3 to 5 points (poratlon most of whose stock i owned by Futures closed steady 3 to 5 points low’er (Southern California Edison Co Ltd is In In the 'distribution 6 De5 75c 6 process of liquidation 70c: October 99c: May July cember 6 12c January 6 10c March 6 35® of assets Southern California Edison has received 457207 shares of Its pwn stock 636c Spot quiet middling 6 85c which have been canceled and has returned NEW ORLEANS Mrt 21 f AP) —Cotton its holdings of Pacillc Light and Power 1000 4s Fixtd Trust Shares A do serifs B Fixed Trust Oil Shares Five-YeTrust A Deposit Bond Cert Diversified Trust A do & BONDS Fiscal Agent New Finance Bill Will Aid Credit U S 1A 101 100 86 2 3i WksTs Uruguay Cotton Market Ala Pow 4 js 67 Comwlth Pw 6s 40 Pow At L 8s 2018 5s 56 Appalach Pow Aik Tow Ac Lt 5s 56 Asxo Elec 4’aS 53 Asko O At E 5s 50 49 O do do AA do A 20 8 Lt W— NEW YORK May 31— Investment trust Gen PuiTuttTiPaS 56 sen i rl t le s ove r the coun ter t n a i k e t Great West Pow 5s 46 Afked Gulf Oil Pa 5 37 R MC in d ikst r y 8 a r ci Hudson Bav 6s 35 Bullcwk Fund Ill Pow Ac U 5s 56 C Corporate Trust Shares 120 1380 1060 20 80 do gen 5s 68 do 5 64 70 do Phtla Co 5s 67 86) 1 30’ ToholsTpow 7s 81 0s 101 ft9l 37 36 36 56 5s 4s Am Am Watercress — Utah doxen bunches 15fl30e Asked 112 11 AO At 101 10 Bklyn £d 5x 52 £ mostly 15c Parsley— Utah dosen bunches lfitf?20e Cent Pub Berv Potatoes— Utah sacked cwt partly grad1949 ed russets heat 45 u 50c poorer 40c 54 Cent S tEl Radishes—Utah doaen bunches White Cities Ber 6s 66 Tips SttrlSVaC mostly 10c Whits Icicles 10 do fix 50 12 c 52 Cities Ber Pow Rhubarb—Utah pound 2M(f?3c Coasum Pow 4's 58 Spinach— Utah crates 35y50c mostly 40 Coot Gas At El 5s Hi 50c 1958 A dozen bunches Early Cudahy Pack 5s 46 Turnips— Utah en 37 Comanmsl 5s 37 S4l 50 Tokyo Cltv es-io- FOR FARMERS Sax Pub Wks 7s 45 do 6l”8 51 Serbs Cts 8lov 7s 62 Swiss 48 Un Stl Penn PAL 4”i Penn R Ft cold 61 37 17' 36 36 3 56 6 6s Pac T M 61 52 Royal Dutch 4s 45 Sao Paulo Cty 6i s Rao Paulo St 7s 40 R R A N As T 6s 37 do rfg 5s 62 50 Para Publix 10 1341 Rhine West 6s 55 ww Rio de Jan 53 52 Rome 6 4s 61 DOMESTIC ifittles in 4c do 6s 58 A 41 15 4 114 6s 44 Poland 8s 5 Nor States Pow 6s xNew Eng Pow p fd xN Y Tel 6 pfd Nla Hud Power North Pipe Lins - - 17c BANKS Chase Natl ' 10' 15 6il21V 6s 5a Orient Dev Ltd s 48 5s 56 New Eng T At T 5s 52 N Y C rf A imp 5s 2013 N Y At Chi At St L 6s 32 do 5 ' 74 A N Y Fdi rfg 6’ 41 N Y N H At H evt deb 6s 48 N Y Tel gen 4’ 39 50 Nlag Sharps 5 Nor Am Co 5s 61 Nor Ain Fd 5s 6ft C Nor Pac 6 2047 B aTn C Lehigh 1 7 Net Dflirv Natl Steel Imp Oil Canada Imp Tob Brit Intrrnat Pet 17' 7 I Chem Heels 12'- - 29 Oil P4 Oulf 15' 15 9 AB 54 65 K Norway 5h A As Goldman Sacha ‘si 5 15 8 67 5s 41 7s 48 Kreuger At Toll 5s 59 New South Wales 5s 57 iMcKess At Rob 5r s 50 ‘Midvale St I evt 5s 36 Mo Pac evt 49 do 5s 77 F do gen 4s 75 do 1st 5s 81 Share At Gen Th Eq evt pfd 7 31 Motors Durant 10 ll Beets— Utah Dixie dozen bunches 65c Oiern onions— Utah doaen bunches N Y Bank Stocks B'd 4s6s 6232 Denmark Deutsche Bk do - Investment Trusts (APl-B- ' Japan generally stronger Apples— Utah and Idaho boxes and bushels orchard rtin culls out out of cold storII 50r 2 00 Winter Bananas age Delicious II 50T‘1 75: Rome Beauties $1 35'itl 50 Ben Davis Ganns and Wincsaps ordinary condition 650 750 Asparagus— Utah pound 34t4c mostly ft' 21 4s 60 Ital Pub UtiTTs Italy 7s 19 1 Light to moderate offerings of local produce this morning: active buying demand nearly a!) lines cleaned Up early prices Utah milk white selects as Pac if jo and Utah milk whft white standards a Pacific coast white mountaineer May 7 Chile 6s 60 do 6s 61 1 Fruits Vegetables May (U8DA— Egi Vo lower on rehandled receipts rest likely unchanged two J0Q cases dirues I2c one sale 50 dirties 12 he rehandled receipts bid lie duties li'ac bid l3Vc Receipts 25438 oases Pacific coast unchanged NEW YORK 6s 5s 3 1 31 trust company stocks Canada i today The turnover of ' roughly 60000 shares was the smallest in a month A number of the more active issues held up well but offerings in thinly traded shares still found nearby bids lacking The utilities group firmed in spots The Aluminum company issues sagged despite announcement of the ' dividend on the pie- regular Believe8fprrfd- Th‘ common lost a point and the preferred sagged i s 37 & f V NEW YORK May 21 W— The curb market drifted irregularly lower in! n an extremely apathetic week-en- 1 Oer cliTB'irejreO Oct 6 Ger Govt Inti Ger Rep 7s 49 Ger Gen El 6s 48 Total tfllea Baturday 302 540 previous Selected Indus day 773 200 week ago 600 100 year ago ttt Oil Ind 550210: two years ago 960 570: Jan 1 to Swift At Co date 145 854 707 ver ago 202H07876 two Teck-Hug- h G rTi year ato 403 668 R2ft Unit Verde cetpis 25439 cases steady mixed colors rehandled receipts esses 41 pounds net 14 14-dirties 12‘j13sc other grad unchanged 14161 tubs: bsre Bu’ter — Receipts steady creamery extras 93 acors 18' ic seconds 13Vil5c — Cheese Receipts 260 321 pounds steady state whole milk fists held averts t fancy specials 18i2oc poultry— unchanged Bteady Eressed Nominal no freight quota ttons broilers by express 17 3 31c other unquoted NEW YORK feguiar likely 18! 1 — Fe (API v 30 10 18 Y Un Carbide Un Oil Cal Un Pae Unit Aircraft Unit Cgnr United Corp Unit Fruit Unit Oas Im U 8 Ovnsum U 6 Indus Alco U 8 Pipe U 8 Real At Im U 8 Smelt At R U 8 Steel do pfd Util P A Lt A Receipts 10 trucks hens steady at decline broilers firm fowls IPtsMS'ic broilers 19&23c Leghorn broiler 15ni7c roosters Sc turkeys lOlftc ducks lOn 8c itSc old lotrllc geese sprui Butter— Receipts lb 466 tubs steady unchanged prices E — Receipts 38804 cases steady price unchanged Potatoes— Receipts 73 on track 173 old 77 new total United States shipments 693 old slock steady trading slow Wisconsin round whites 7685c Minnesota and North Dakota Irish cobblers 75 nor Idaho russet s $1 l& 1 30 new stock firm on best stock trading light Alabama and Louisiana Bliss Triumphs 83 153 45 small minimum 82 6t4i 3 78 Futures unquoted NEW 6s da British6s Trad-iu- g y 8s 41 do 7s 34 49 Corp Underwood-E- 3 41 do 3 11 49 n alive— May 31 Brazil Finland French 49 Texas Corn Tex Oulf Bui Tex Puc L Tr Tide Wat As Trmk Roll B Iransamerlra (AP)— Produce 31 May 30 10 20 18 24 2 3ft 43 Estonia Ren 7s 24 KANSAS do 6s 55 40 sues Hold Well INDUSTRIALS 5k 55 56 Berlin City Elec inn' n Extra eartonned lb Prune finds carlonncd lb (Parchment wrapped c lew) EGG3 Fancy poultry farm do Selected white tios Medium poultry farm doa CiiliESE run cream triplets lb f ull cream Ion horns lb Pull cream sandwich loaf lb Jack cheese su pounds each lb Block Swtsa bricks lb bricks lb Llmburger Cream brick bricks lb Roquefort five pounds each lb Full cream daisies Wisconsin cured pouud 4s do 1 Some of More Aclie Is Remains Dull NEW YORK May 21 (fF)— The saving of many thousands of dollars in interest charges by farmers was forecast today by Charles R Dunn fiscal agent for the federal intermediate credit banks as a result of new legislation making the banks’ bonds eligible loans by the federal refor BONDS serve banks i 1000 A bill authorizing this step was signed yesterday by President Hoov241 62 62 6 er Mr Dunn said a large new of56 56 U 50 83 80 21 83 fering of intermediate credit bonds which normally appear about once 95 9S’t 95 ll 04 V 84l 84a a month would be undertaken early 9 24 24 24 next month 21 21 19 21 “This is a long hoped for step in the 194 19) 19 4 16 161 16 direction” said Mr Dunn with 17 16) 10317 right reference to the new legislation “It 103 103 will not only facilitate the future 8' 70 76 '4 75 'k of the intermediate credit 4' 6 6 0' financing banks but will also cut the cost of ll 0 0 0 by the farmer who pays 57 S borrowing 10 S7i 67 as high as 9 per cent under existing ll 63 63 63 FOREIGN Sales in 37 10 81 lij 11 U West Pac 1st 5s 48 West Penn P 5 63 E Western Union 5s 51 do 5 60 92 70 2 Gen Cable 5Ws 47 Gen Motor Accept 6s Warner Bros P 6k Warren Bros cv 6s 11 19 5's 5i- 5 Roebuck fi 30 Oen Steel Cast 49 Gen Theaters (By the Associated Press ) Equip 6 1940 NEW YORK May 21— following Is a list of Baturdav a transactions on the New York Goodrich B F 61 s 47 Ooodvear T At R 5s 57 curb exchange Gt Norm Rvs 7 36 A STOCKS H (Sales in hundred) Hud At Man adj inc 5s 1957 81h High) Low 'Close f U 44 43 5 5 31 ‘4 16l ' 44 1 35 22 64 2 1 609 987 8Q2 685 1014 1019 966 926 12 5 7 5 42 Union Oil Cal Un Pac 4‘vs 67 do gold 4 63 Unit Drug Del 5s 53 47 Util P At L do 5k 5P ww 7 17ll2 con 4s ken 5 55 net Ed 4ys 61 D Dodge Bros deb 6s 40 Erie rf do rf 45 71 43 38 D4R0W 18 3 11 7a Tex Corp 5i c t 44 Tex At Pac 5 80 D 10j 27 r( 4IS &'E ii'32 U4HO ?1 25 41 7 Hud rfg 4s At flO 1 55 27 vw 1940 Del 35 !' L a 19' 63 981 DRIFT LOWER SAVINGS SEEN St L 8 Y 4'is 78 do 4 50 A Bell Un 5 40 ww Bine Or Oil 5ls 38 bou Pac 4' s 08 81 do 4' do 4 s 60 a w do 4 1 Ore In 77 South Rv gen 4s 56 St Oil N J deb 5s 46 St Oil N Y 4 j s 51 97 39 53 71 Coffee lower: trade selling CHICAGO Wheat firm unfavorable southwest crop reports Corn steady small receipts steady cash markets Cattle irregular Hogs steady to weak lOO’'O Rem Rand 2 9 47 ww Rep Ir At St sf 5s 40 Richfield OilCal 6s 44 53i 4 9 Tot 609 629 682 847 5’ ll 73 81 1 94 36 39 2 Uts 742 761 793 1004 894 975 857 742 1015 5S 19 3 8 RR's Phil Read C A I 6s 48 30 Phillips Pet Pills FI Mills 6s 43 37 Pure Oil S 102g 28! 80 4 8 70' 97 5' 5i 77 1937 31 00 38 00 60 610 526 742 Prev day Sfi4 522 Week ago S71 557 Month ago 649 Year ago 093 2 yrs ago 939 1066 3 yrs ago 934 1033 High 1932 713 780 Low 1932 563 52 2 High 1931 904 1057 Low 1931 623 623 High 1930 949 1098 Low 1930 833 973 3 l! 25 29 79 Mav Con Oas N Y 51 45 Container Corp 6a 46 Crown Will 6 51 Crown Zellerbach 6s Y Curb Market N 3 151 3 4 13 Pot CRU do rtg 4s 34 nu' The utilities and industrials were Power and practically unchanged light company liens were easy There were a few outstanding slumps Amusement company loans were soft The oils generally improved ' German government 7s drifted to a new low but the reich’s 5 1 2s came back for a fractional gam French and British loans were steady Japanese bonds declined t ’l2 8 00 31 28 20 10ft 8 HOI 31 102 31 101 8 103 1 97 27 Ofi 14' 96 3 90 Ifl1 90 s 20 20 S3 Inds Clnve CORPORATION BONDS Sales in 1 10001 Sics High Low Close 1 Si R O 478 102 ?8 103 380i 07 24 97 84 98 3 95 Q2 08 00 95 9 90 28 90 28t 90 0U 89 c 11 U a a1 3 17 101 5® 30 68" 3 561 41- 7 U' ioi do pfd 13 ' 12 101 2 101 31 101 253 I0J fc 11V- - 11 8'4 !s 4s Treasury in United 3' 3‘ 3 251 do 4th 4 do reg 1H 101 7 NEW YORK May 21 (fl-- A rally States government bonds which have been somewhat heavily Alleghany as 50 At foreign Pow 61 liquidated recently today had a Am2030 steadying effect on the bond market Ain Smelting 5s 47 While corporate issues did little bet- Am lei At Tel 5 '4s 43 do 5s 85 ter than hold their own on the averdo tvt 45ii9 age the majority did not at least ex- Am W W At Fleet 5 34 At Co Del 5'vS 43 tend their losses The greatest vol- Arm A T At S F evt 4 48 ume of trading was in the federal de5s 37 i partment Sales totaled $6181) 000 par value for the entire market The recovery in the government 95 o r'( section was attributed partly to un-- i dn rts 5 5 the sentiment b'ir rnm-n- ' proved regarding 34 " Cral reserve system's credit expansion c i '"s 60 campaign Four of the treasury loans lcn advanced a point or more while the c VkMiidVi pc Liberties movedfractionally higher tviuml sicei 8 41 the railwav average Although car'p 47 showed a modest recovery the ear-M st P & Pac 5 73 5u 2000 riers exhibited no exceptional buoy-- Chldo & dj N W gen 3 37 613 15' 15‘ 3 11 2' 3s fed-!Bo- 4) 5 Central Y nw 18 Ihft 12100 8 Unchanged 713 432 334v 34‘ ID 80 101 9 10 ll 15 Lt At Lihertv do Di InMir Covrrnnipnt 10 4 11 hTl NEW YORK Stocks steady leaders sluggish Bonds irregular U S govren-ment' rally Curb steady trading dull steady exchanges Foreign Dutch guilders easy Cotton lower southern selling favorable weather Sugar quiet steady spot mar-kc- t ' 2U InjIftftO Hu B1’S 13 25 1011 13 ‘4 33 174 6 3 5 4 6 d BOND AVERAGES (Copyright 1932 Standard Statistics Co) (By the Associated Pres) mn 1 iRale Tot last year final variations were so narrow that for the second successive session the Press Standard May ?1 f API— Followiiif are urttcs Fatuidav h Gush low and cloetn of bond on the New Yoik stok exchange of each bond and the total B “GOV h H N M F N r ’BON )8 U HOLDS FIRM 20 20 50 Inris M'kt"“G”“ 'CURB SHARES -- NFW YORK STOCK AVERAGES (Copyright 19142 Standard Statistics Co ) (Bv the Associated Press) :isasg&im i'r?H 22 1922 New York Bond Transactions New York Stock Market Quotations JJQND MART STOCKS SEE P RALPH A BADGER S CO 1 Ifi W 2nd So Was 3230 bond holder N |