Show 19 1 THE SALT LAKE THIBTTKE TUESDAY MORNING NOVEMBER II 1930' STOCK MARKET EXTENDS SLUMP sua a N Y STOCK EXCHANGE TRANSACTIONS 'CBr the Associated Frees) MARKETS AT A GLANCE (By the Associated Press) NEW YORK 4tiea in Hundreds i Stocks: Weak Standard Oil of "rrfrcfcaV" Month New Jersey breaks below SO ISleilHIthrLowlCIti Bonds: Irregular all but 11 Abltlbl P at P Helps domestic continue decline IS 104 SO 104 tAbr 104 Sir pfd Curbs: Weak oils and utilities at 10 Adams Exp II i IIS 11V S4 new Vows Ida pfd le 11H 65S NEW YORK Nov 10 (AP)-Wit- h Adams Mtllta 31S 31V the larg-ei- t turnover Addressee ii Foreign exchanges: Irregular MS S 3 la a month stocks extended their decline today Bondi and Advance Rums IS 14as francs steady i IS do pfd Cotton: Lower easy cables and H commoditiei accompanied Ahumeda L s ass weakness downward stocks and grain PS Air Reduc 61 Late covering by professional i e Air Way S Ap Sugar: Higher firm spot situ reduced the ii Aiat Huh louet of 1 to 10 JS in share pricei and a few Alaska Juneau s I s is ation easier foreign Coiee: Lower 104 10 V Allethanr is markets issues squeezed out of the active II Alice 4tta 41SI 44 with imall plus Al Steelda trading 115 SUMS 13i HJ DTt CHICAOO However the market wai nearly three points lower doChem Pfd signs rins I1ISHI3S 13 Wheat: Weak reduction Canada Allit Mft I)SI at the dose Sales totaled 4426250 shares the heaviest Alpha ChP Com II II in pool price and weak stock marSOS 31 34 Aiaerada volume alnce the 6000000 ket Am Atrl Chent-elIS IS day on October 10 1 3 Am Atrl Cheat — —— Corn Weak fine weather and Wheat breaking 4 cnt i buns-ie-tl 31 do pfd ctta MS 34S weakness Buenos Aires to me lowest prices in 24 yean 31 SOS 30S do pfd 41 S3 Am Cattle: Irregular Bank Note S 4) a feature of th© generally gloomy 60S ido pfd Hogs: Steady to lower llV 60S day In financial clrclej Thlt wide Are Bosch Mat low IS STOCK AVERAGES IS IS IS Shoe decline was based partly on bearish Cotter IHc AmidsBrake 103 Utd pfd IS 3J (By the Associated Press) crop news and partly on the weakIK El B Brown An tine 44©i44t SO S3 IS ness of the security market Corn's Sllvir II ido Pfd (Copyright 1930 Bta Statistics Co) sac 101 S 1O0S 1411 1U Am vn 20 30 50 80 losses were smaller averaging about 11 33 Am Car as rdV WW TORK IS 'API —Copper Nov Ind Rrs Uts Tot a cent but cotton lost $1 45 to $1 70 unlet electrolytic toot and future Am chain n h 31 sis so 121 5x 97 lx 1543X 1234 do pfd Il'ie Iron eeulet No I I o b Baala Dale net Today ni 31 3110 is Am Chicle io s Prev I11S0 HM: 990 1595 1281 day 1238 The bond marked dropped to a new im Pennsylvania a ie Am coml Al MS Alabama 111904140 IStOet Week 3 I Am Encaua TU ago 1311 1057 1814 1360 IS low for the year as meaiured in trie JIM Tin ay: not and nearby 4 3?W 34 Amer Europ 31S Ma ago 1397 1097 1899 1438 IV US Lead futur til steady Am eb Pot Few 1141 31 ti composite price of 30 Issues Only toot New York IS 10: St Loult 5 3SS Year ago 1580 1281 1835 1577 ass ido t pet pfd a few of the highest grade Issues held HM iwi3 as line quiet lail Br Loult spot 4 1 pet pld 3 yrs ago 1S37 do 1291 1694 1814 MS sni future Antimony up under the selling that obviously I1tteflt lis 3 MM(I 1 s do Ind pfd IIS pel Quicksilver SH Ooo as a yrs ago Am HawaU 8 a s IS represented liquidation to protect 21 MS Am Home Prod wkly a 1409 1210 1244 1341 WW TORK Nov 2! commitments In stock (API— Bar silis Am Ice ver He High 30 2034 1416 2813 2058 41 l Am Internal is 3IS'e Low Many Feel '30 123 8 990 1596 1262 SOS 31 S Am Locorao IONOOK (AP)—-a- r Wo ill I 13 S S3S Pessimism Overdone do pfd 14 r High '29 2528 1678 3531 2535 per ounce 31 SIS SIS Monqy P Am Meeh Low "29 1413 1177 156 Jl 1402 I U per cent: discount rates short Km Mecli 3 s Met Opinion In conservative banking bllli per cant three months 41 X— New 1930 low Am Metal IIS 3?H circles was that pessimism was being I Ut JW tent 301 43 41 S tAm Nat Oaa pfd overdone and that beariahness was MH 41WI 4S Am Pew at L tONOOK 10 lAPl— Standard Cork Croats DM Wov 13 l do pfd A i S3 11 do pfd running to extremes comparable cotter aoot future lit: eleetroly ass h Crown do pfd A stp its 11 teller &s future I trie excesses witnessed during trie lie met 14 Sand tee as Tin IS M 1IW 1HI Am Red St San 11 11 811 Crucible Si pot III! Lead (III future spot 10I140S 140S'l4i do pfd bullish ballyhoo last year 401104 til Ida future lit 111 Id Sine spot au ido pfd 10 ill Am Reoub isoi 101 IV Most of the leading 'commission IM lit Id: future tit ts Pt Am Roll Mill III IIS 33 S 8uba Cane tl IS Am Sue 4 S4 sss houses had expected a fair rise toAm Safety Bat loi us ado pfd 3S Am Com IS A Ship 41 S Pack day on the theory that a technlesU 10 IIS lAm Bhlpbulld gudahy Puk 111 100 V 1101 MV R Am Smelt recovery was overdue The market 1IIIIS do pfd 134 SI 111 a Am 4 Bmelt I1I4S pfd move did II Curtltt Whlht upward during the 11 Am enuii lit 174 S III IS de A ts hour but when pressure began II 4S BUTTER Am Solv M Ch XCuahman 1 pet pfd I0101S ll I ssi Ik m Extra the Utilities rails touart and cix or II 41 W flat pinch Ham t Cutler selling 'A 39 14 301 73 Am Steel rdrs rnoii mats io was resumed throughout the list 31 Am stores MS IIS Davison Chem 15 ITS US 1 1 41 Am Suiar Ret Prfih Kirs poultry farm doaen ll ISS 19S ine trading oecame brisk A Debenhamt Sac 31 oo IIS a lt Selected pi 134 max was reached early In the after Medlumi white? dtoxen Del Hud tonus b S 01 I I Am Sumst Tok 191 19 Del Uck da W MS poultry farm doun 4441110 noon after new lows had been Am el St Tel ft la 4l 11 Mtd colors doaen losi Den R O a) w pld 103 HUMS Am Tob no corded and the pace slackened an- Pullets doses) Ed 111s: tL116S Detroit SUM I13IS do pfd 104S1"1 B xDavoe I04S CHEESE at pfd Most of the turnover wat IMS 371104) HI 101 preciably do B 1117 Diamond Mat 14 II lb Am Pull II crttm triplets in the first three hours TypeFdrt do ctft I'll! 1151 44 8iS SSH Dome Pull cretin Ions horns lb Am Wat Wkt 9i Mlnet IS The uncomfortable position of 4 31 Pull ereim sandwich loaf lb Am Woolen 61 14V Bt II 11 14S ies Dominion blocks la da pfd oil Industry was brought out from Block twin 1701 61V Am Wtt T 3S JS Drut Ine Llmburier brlckt lb of Largest Turnover HEW YORK Nov la— Followln to tht closint list ol today's transactcomplete ions an th New York Stock Bxchante Takes Place Last Covering Some gUt-ed- 1 them ihorti points fs share — Metal Markets Buf-ftl- o 10 It 1 31 u i i 1 II-1- M I'ei 3-- pr to 11 1 ts Produce Markets I first to and cli re f - the lb two or three angles Receivers were Cretm brick bricks lb each lb Roquefort appointed for one small company Full uesffl Wisconsin cured lb ana ior a royalty concern but a mon somber note was sounded at trie CHICAGO Wot 10 (API— Butter meeting of the Royal Dutch shareKM tubs: weak creamery ertras holders who were told that the sit 144e ittndards 91c: eitra firsts uation had not improved and trvatt Jlralt )0uH'e seconds Hit He Iltl4e 21113 eases lira: extra Sill receipts futimmediate predictions lor the tltlee: fresh trsdde firsts JUtJlc ure could not be made In view of firm freth current recflpU Ufltc ordinary recolpta 30 14c the withdrawal of the American Im- earrent Poultry eliht ears 11 trurkt alive port price schedule an action gen- stesdn fowls four pounds snd up lOSc lour pounds lie sprlncs latrltci erally interpreted as a step toward ancer No I lie: roosters ltci tprtn turkeys a large-scaprice war abroad Oil lit: ducks 14 lac leese lie stocks were in marked disfavor Poutoti f USDAI — Receipts lit ears: en 1(: total U shlpmsnts Saturday Standard of New Jersey broke to 49 track SI Sunday 37 steady trading fair after a stubborn fight Just above the sacked Wisconsin round whites per cwt Minnesota snd North Dakota famous support level of 50 Phillips tlssftlW sett IIM91 SO: Red River Ohios tlMft Royal Dutch and Texas Corporation 110 Idaho Ruitrti No II SOfvi 00 No were weak and made scant recov- 3 HIMiltt: Colorado Brown Beauties and tft Ib es le 1 ery IT llSOCri00 McCluru 8 Steel corporation'! unfilled Nov YORK NEW (API— Butter 10 creamery hither tonnage report for October showed thtu lilt tubs: weak astras ntrai 314 93k: I score a gala of 57425 tons which was bet- sic unit is to i score joteojacr pack ter than had been expected Per- nont Ilioci& current mats no I 3Hc haps of more importance however Cheete 11511: steady: state was the announcement by a steel whole milk recelDta flats fresh fancy to fancy corporation subsidiary of a minimum 34e lOCillfeci arse short held JlStt and for bars shares Sin receipts Irrtsular price plates 13IH cases Leaders of the industry have Insist- allied colors reeular packed closely selected heavy 45c tjtru toettc: aitrl ed that the establishment of mini- tlrtu Unite: flrtU 30tHo secohda 31 medium flratt 31 d 13c: lafrlcerator mum quotations was a prime necesoielrnletUd heavy J"tl1Sa eatraa Is sity at this time and today's stand 3Me sitrs flrsu 3l3JVic: first 33 was the first important development iiMyiieeonds 3031Vie medium firsts llftllHc: near-b- p hennery brown extras along that line tJHIk litre flratt tl41e: near-b- r and nesr-b- r estern hennery white closely seHigh Grade lected eitrit 6Set1c: same averate eitraa Ralls Drop Low near-by white pullets 104JJc Pa 4t§Uc tout whits (shell treated) eitraa M It was another hard day for the clflc 6Smctame extra flrtU lieJtSe dressed steady: chickens (rteh rails most of which sold Poultry froaen high priced 3lJ3c 0i31c: fowlt freah 11 6 to 10 points lower before the de31k trnen old roosters fresh it clines were reduced Nevertheless 33c turkeys fresh 3tltci ducks ireeh Vile a rail— Central of New Jersey— had It Poultry tUvs nominal no pries ejuoted the distinction of being the only active stock to remain In the 200 points 11 KANSAS cmr Nov 1 (AT)— Bat a 10 sase eroup which at the height of the Butterper creamery s lieiSci In larte bull market had some two score lie kweterfat ltijllc packlne but- Ur lie members Poultry hens lieile broilers KAltc Liquidation in the utilities went rootteri 13c aprlnti Ulc forward vigorously and stocks like SAN Nov 10 (AP)— Batter-fa- t PRANC1BCO North American American Water lie Works and Public Service of New OnJoru Jobblne sscked yellows SOUSOo: lane rOcrTIl OO Red Olobes Ocl 00 Jersey regained 3 to 4 points of larg- AUilrilltn Browne ItcSILOO er extreme losses American TelePotttoes Jobblne Stockton lone whites tlUtJllt wt poorer low aa 60c per phone made a new low at 184 where it was off more than 3 points uck Wuhlnarton Netted Oesns II 15 spe-cl- lcc ejuaa-title- do pfd Sine L Anaconda Aneeon W AC dd 14i s It I 3l 41 1401 631 Mi tooth rtah Serf Warner: Botany c at A Brlctl Mfa Briers da Strat Broekway Mot MEW TORK Nov 'API Coffee fuwere f eneratly loarer today ander and near month tlqulelav-ti- on Kiiropeen selllnf No 7 aontracts opened I pomtt lower to a hither and closed 3 to 13 points lower Sales 10 000 Santos contract! opened! 31 to M points lower and closed It to 31 lower tures lome 1183 Spot V9 llSS 1103 timed steady 1BV1 flUqUiinr PRIVATE WIRES TO Accounts Carried TELEPHONE LEWIS & WALTER C LEWIS fc3uiU on MARKETS Bal Ry do tvt pld do 1 pet pfd budd Mff ido pfd gudd Wheel Co Watch Sulova Bros A do B Burr Ad 'Mch Buth Term do B pfd 5 MAIN ST A Pierce SURGE A F "Agahri" Iron heat-resisti- Is science's are Ideally suited not "grow" A to answer to the need metal high Castings 7 MERICAN FOUNDRY g70 South 4th West Wasatch & i860 of a It will MACHINE CO Salt Lake City IV Test Container A do B Oont Caklnt A do B pfd Oontl Can Oont Dlam rib Oantu Ina Contl Mot Cont Oil Pel do Contl Shares Corn Prod Coty Cream of Wh Crotki Rsd 3 3 S 16 4S h 34 S 41V sis 19 IS 13S 4S 39 19 Eqult Off Bid Erie R R do 1st pfd Eureks Vac CI Evans Auto L vOtafrkanlf h VtrtH xPlienee 13S t -- Hub 4S 1 11 101 16 41 105 1351 41 41 13 l'lOl S41 51 41 11 H 3 I V 10 S S 14S IIS 49S IS 4S 'Is ll pfd IV M 4S S 31 03 61 1SV lt r ISs Mv SO A US 66 its ?i IS S3 24 14 17 SI ll IS 49 49 11 S IS 18I13S 31S 1101 Its IIS iio4 si 41 4's 11 11 X iv to ll '1 ' x a 01 40l 1001 4 II III II ll 1 01 Oi 16S !44 6S 7 19S s II Avrl do pr pfd S3 But Mach IS Int Carrier Ltd 14S Int tnl Cement VS Int Comb ss i! ns Itis its 31 64 14 IS MS oai Tea a S90l 1 int MS ts 13Sl lis i?u ll Int Harvest do Pfd Int Hydro El k Int Match ptc pfd Int Mrr M etfs Int Nlrkel Canada 'is 4S lint do Paper 1 A pet pfd sT SI 11SI 33 is §'' IS 11 IS IIS siss IIS ts 11 ns us us 11 f' National Supply 100 pid Nat Surety Tea gallons! Bros Con Copper Newton Steel N V Air Brake N V Central N Y Ch ok Bt L 411 III 10 10 44 11 I 10 41 IS tJ s S V 1 T3 US 11 51' 11691 '3 US lis! IIS IS tt 14 SI IS 11 It ! SI 11 IV is nsi 11 11 10 1 T I0J4 44H 10 110 s ii I! 1 v 10' 11s 41 S 4'P S IIV 10 110 10 91 10 is Tit is ie I IT IT 111' IOS 1 lot IV IIS 4! US It II 11 IM ll W 5! IIV 101 MTW TORE Ho ie (AP)-C- aH I aer eent all dav' Tlrdt losm stay SO days tfflS: ataari 107 ION i?sl lOI isvi montnt 1 T ns i iVen Rtalts Vlre Car Ch 11 11 da T Ml Pfd to 10s da ad its pfd IS 2 iVt El A P I eel Peel 10 70 ir c c pfd tvt xVulcan Detln as Ts IS Wabash Hi A 3ri tfc 10ii" 16 Waldorf Walworth sward sal a v I Ml V V 14 do efd ll Warner Plct lov iT do pfd 10S Warner Quid 41 Warren krot at P ll 11 UK Warren PdIlun II tl! 66 V its 9Vh weneter Cdl Wesson 111 100119 inIt aw psnn set 11 t s v s del 141 1$ MS is ' 39 7 tS IS 176S 19 II 3 lis pel pfd sdo T pet do I pel West Dairy 60 lM 10 U 4401 t f 1 I IIS Frelthl pfd'I!!!!!!! Real" irti Ts IS II liv 1 Ts Ts BIS ft ll tif Ik' 3 tev 11 (APVPYedeetloo NEW TORK of atsndard eotton elotht for tht five weeks ended October 31 totaled 13lIMone tarda at tht rate ef at771ooo yards a weejt which wu a decrease of 111 per eent front the weekly rate for the like month last pear the Association of Cotton Textile Mrr chants of New York reported Sales thirtnf October totaled lilMloot yards or 1441 per sent of production Stocks at) hand at the end ef the rnonih emouslee dacreeee ef Tarda repreeenttni 111 per tent durlnt tht month Unfilled orders Oeteser 31 totaled IMSUOoe yards an increase of 331 par Mat surint ine ts t month atalnleta eteel received Steel earpeeatlea 1ft Oe m Sep Snifiretinna for br the RepubUe tl teber were per cent In exceas Umber eompasr sfflelalt lepeet kt " rn f nllualal Earningfa u u t 1 an wuUa Tla tlnnlnr eompany tedy Jeported — set income ' i ZL quarter en a shsrs tt 194 share! of eemntest atainsi taf ii -- w wr e fhtr eVwr f 'A cmmocu la ti- - UU aa tat sat aVIrdl MmM data ts ac cent ter net profit of IIIMMt — a tntre atainaa aae 10 tht third quarter last reef nrtiataad WrtteiMeta aeiperatleti and wbof tldlsrles reported third Itlllit ttamaa net mm at Ukt tutrler sl last year inhtndle FTOduclne and Beflnttit asst setbef '"rHi Harlem 5nt ek' Weite'rn'' n xN T Steam ll ofd V Norlolt da Boathern ek Norfolk -A J western North American' do pfd i Nor Am Edison pfd a '2 lieu In nt III el 146411 la IM' quarter last year v Oiniifl Lload sn Wilier Bans at inist io"p"r Prtacnl name of ejeTotUotl Walkef " Brothers Bankers aUlt take principal plaoe sf 133 City Ptah 111 Notice Is hereby tieta that pumtaol pel to a reaolutloa ef th board of lreo 1 ton ef Walker Brothers Bank era th follewlnc reaolutloa to will "Resolved that the articles of tttsor of Wslkar Broth set Bsnker bo SIS poretton and th asm hereby are amended by th preeent enre striking therefrtxa porati Dam to wit! Walker Brwther 1 Bankers and! vubatltutlnf as th core 44 of said extrponttoti walksr Krau eknamTrust Company and so that Article I of th articles of InoatMrsUeei will hereafter read as follow! ii? bntat T luiiin rl)l IM r 1 Co A ptd Woolwertk If Worth P de pfd I WrltUy Tele Trft ATovnt 0 13IS i 344 M afl Oil ek O Pine L Oil Slo Orande Dent Hotels Int Royal Dutch Rutland pfd 11144 1414 4T 61 ll 19SI US Safeway 81 xdo pet pfd 3?!i St Jot I Lead St L San Fr do pfd s xlnt Rr O Am Salt nter Shoe Tel nl Tel IV nterst Dtp! St M St L South Savaee Arms ftehiilte Ret Seaboard Air 39V do pfd I3v Seatrave Bears Roebuck Second Met Inv do pfd I 40S 4A Seneca Cop Ml 64V 61V' "3 Serve! Ine 130 llld 100 130 Sharon St H 11 V Sharp Aa Dohme Vti SI ! do pfd 1 41S' 4IS 21 Shattlick F O l' 61 61 ll II I II I II Tr 3hell Tr Shell Unioa tf s itriu mhtrtutmmtt 1411 16 11 II 11 1 100 THE ROOT OF THE TREE io til K2 ItS IIS IS 1 IIS IS IT ns 70S 141 53 1101131V 111 14 loiiivij 44 It 11 1' 109 1061 llS w lis 11 11 11 9! IS IIV 1H ll includes in relatioo to total prior charge obligations It is as important as roots were S I 30S 1 IV itiv 1! II Its II I III Ml 41 166! SS 11 11'f 1H 19 70S IMi 11 9 The anedytvias comprising i I4IS 74l 11' 44VI 401 4! I US 4V US ioi 41 V 401 10 M Oo aa "overs adl" basis A copy are 222 times the $4$ 41 I 'A aunount $38 P l&d required for inter est compared with aa average of 206 times for the comparable bonds BookYauVsofUhtor Oarse Swewidti tf our mnmljsit consisting tf io flmf fbttrtt mnd etmplttt txpltnmtlom K 181 wtmj bUiutd hj writing for Foldtr IOS 44 IIS 39S the earnings ns 'P 15 mil 1111 StS per Gmooef la further heightened by the larger earnings in relation to interest IIS TO 4 Revenue Book Vaews of Pareat Coeapawy Smttcka 1041 4 31 11 aau II 5 Sources of Earnings The strong equity position of Associated bondi S it 4 Price and Yield 6 VA' 90' 161 551 M 1st 193' 41V t fZompaay safety of these bonds IS 16S ' 47 11 Ml IT Aeeocialtd Get saad Iketrtc utilities ing the more than average 111 Equity bonds compared with $36 of equity for bonds of other II S life 31 II 47 111 47 71 3 obligations as 100 a Ml 11 ItS er ao 13! 10 31 ders of This 33 larger equity for Associated boodsisone of several factors establish Mil 2 by the average public utility bondTaking equity and all prior ol 20 other public utilities Elee careful analysis shows $48 of equity for Associated H lin U3 applied to Associated bonds Overall Earnings Prior Charge Obligations protection than is afforded 8 1H oi neescHiPBtl houses the following factors which and bonds 1 enjoy a greater measure 10s for debenture bond is the ralue of equity Associated Gas and trie Company bond hoi it lntmeflt banking determining the value of utility bonds nies and to a tree 40 lH303Vt 1111 banks iosnnoce compa-- the worth of a public utility InTestment or holding company XJL judgog A jby tests used A N IMPORTANT coniideratlon in 13 nil Larger 33 i 1 UV v se n Remlni Rand do lit pia Reo Motor 4 6i 3 S3 61 11103 1 14 U 11 MS 8 V I do B Rich Oil Cal new 11 IS ni tiv N I 1H 300 30 16 11 thlri Motloe of annua! meeting of Walker mihera Bank era and of DrofXieal M) ehanit the name of Mid corpora Ooo tip HOW TO RECOGNIZE A GOOD UTILITY BOND 3 N V w ii eql September A 31 104 1 TSH "Article I The name of th sotofa 0 formed shtj) b Watktf US MS MV Won herebr Bank tk TrtTat Ootnpany" IOS io 10 V! ios Will be eoctslderwd and aeteel upon at IS Ts th annual mswUng of tht ttockholdert ill 0A of Walker Brothers SSW "ll 143S rib Bankers to be held 146S 149 1441 Yeunt SVb 70 Yeunt It ST 0 at th banklnoi houee of eald ewrporaw I0 T do ctft to I Ball tlon Lake City Utah on Twstday Ms 14 S Zenith Bidlo th llth dtty of January IML t tea 1 ys ft 41 46 Total talet ltaaasO aharei pfcvloua day O'clock A U 1 week tea l'a year aeo cooar a Bntnta iisiim two yea re aao 11111001 Jan Ml 3UI I IIS 1167164 Walker Brother Betnker nary t to dtte 11lSAS1il rear ate est 171Secretary Matxa south Blreet Ball Ukt City (we years aso 1MUC0O Vwdwh toll 47 S I MSI 4U UST60: aAetual tales Ii 49 de pfd xUnlv Leaf pfd xOnlv Plot 1st pfd Pipe ek R yntv tJtli P aVL A yr tan 31 Ovtr do ptd Wtlsen da de tlS live I duo::::: ao Wlllrt 43 B ' Weatern Mtry do Ind pfd Weak Fselfit do ptd Tel ?v tin lip Weat II Weatlnik Air ITS Weat EjalMfl 47 41 xdo III Efd 41 T Weaion II IM 4V fl'4 Weatvaee Chi M lakt Erie 19 S Wheellnc 19 3S tons 100S wnne Mqinr 101 White RkM Sp 14 ns 'tis1 43 4 ii 14S ea 'IMS 114 pfd pld rt x " 1 30 " Til a 11 an 4 raentiu Ik per eent EtaDat ieii tlankert' seceptaneee itnchansed Id dsya days let 1 Si 4 months Serin: months less a t"Mme eommireiat SS nr Ka wm— ueorev e Htmanfi w frm Ins haute of Lee Hlttlntoo at Co tadap was siecieo a director ei tna aianne 1 company of Buffalo H I a ateaaber ef the Marine Midland eroup Ycmnttlown Sheet end Tubs tsanssny M' hetotlt tint foe acquisition tf Etnacs Dee ana net snd equipment company te effect a mereer with Oonilnenul Supply company the eteel company'! well supply Em tee has ksd a worklnt subsldlsry with Younittewfl Sheet luk sldltrlet for tome time tor the sale ef ltd Of caiuornia euteiae Srodurll luspendlnt soilness ' In therriof tontlnenl field It handled threueh jmitil n Tne alls a aubaMlart' ii of Yeuniitowtt Sheet and Tubs it tr Moadw wresldent et the Pralrit Oil and Oat eompany hit denied thai men! hat been reached Ior mereer ef Fralrla Oil indOai and Frtrlt Pipe Line company with Sinclair CstttelldaUd Oil torpotaUew - w SVk--- r TTtntter reeoroa m n eompany at ot October ll hwd a total of 11 MS stockholders ttUbUthtnd a new a Utl h ah record-- The tetai yievatntwr money yesr wu 1133 MONET I 19 do 1st ofd V S Smelt at ft V S Steel de Pfd Xt S Tohacce United Bt A S Its I MSI II M' M'j 10 I SS 11 I04S 104 1104 1341 II 4ISI M 63 141 11 41 1 Rubber 11V MS IIS IIS US 10 I 14 Tex Pae L Tr Thateher no evi pia Tht Fair Thevmold Third Ave Thompson J It ThatntMon Prod Thorn p Star pfd Tide Wat As do Pfd AX 7lmk Pet Roll B Tob Prod S ies 40 10s r 106 4 14 V 44 V 69 14 Telautoeraph do pr I tlI SV 100 45 ?!:::: 8l Iff tU Leather 3S 41 S 31 10 111 100 41 t do ptd do I pel pfd U S 4S 11 S Mil 40 it 40 R Underwood gll ado pld Union Oroide Union Oil Cat Onion Pat do pfd Dn Tank Car Unit Aircraft de pfd Unit Blec Unit Carbon Unit Oltar do ptd Ontt Corp do pfd xUn Dye pfd Un Blec Coal Unit Fruit Unit O e ira do prl pfd Un Piece Dye 8 88 atDlstrlb For See do pfd 11 1 1 TJlen ek Oe lieht at Steel 1 ll 11 it 11 HOI El do A Motor Prod Motor Wheel Mulllns Mft Murray Corp Myert at Bro Power til Tranaamerlca Transits At Will Trl Conl Carp de pfd Trtoo Prod Trueeon Bt Twin Oily R T xde pia Moniaom ware Moon Motor Worrell Aj Co Mother Lode Mnta Mel Oaa Reynoldi 8pr xReynoldt Tob do B MSI 44 SI 49U Interims !1 10SI its C US 41SI ll1 3S IS' Jewel Tea 10 10 ii Johnt Manvllle la f id x Janet L S US eiL mi: 'Jordan itMotor pfd ml isn't fiS'Hl': '1"' ' Kama City South 41 ISi 1' 26SI 3't 31 do pfd iJ tl 1 1 (SI IS Kaulmaa Dept is 1 is1 11 rtillllt 1101V 4 Tenn cop as en Tl4 Teaaa OorD MS Tex Oulf Sul 14 Tex at Ry S'y Tel Pac C at O MrLelTan W Melvllll Bitot Menael Repub Steel do evt pfd Revere O A Br Reynolds Mel 134 1 1T v S St B iMcCrory Hill acOraw Tin McKrss da Robblnt Co da 1st pro do Ind old Real Bilk IIS: IIS 61' do vti hoi Ink linoiini is 171 11 IntidoPrint pfd 4 ii IIS ltd w MeatcanpiuBeak Oil Miami copoer Mlchltan Steel Mld-CoPet meei Mipiano oo lit Pie xMl El Rr pfd mil fliw Minn at P at bb m Mo Kan Texas oo ptd Mo Pacific ao pia Kohawk Carpet Ch ek ikl IIS IIS 161 M I ltd fleidlm 1! 61 641 II 7t do pfd McOall Rarbesloe-Ma- 96 lO'lltl 191 11 Manhat Shirt Maracalbo Oil Marine Midland Market 81 Ry Marlln Rock Marmon Motor Marthall Field Martin Parry Math Alkali May Dept Bterea Maytat ww Preaaed St Car do pfd Procter aa pant Prod da Ref Pub Ser N J do 1 pet Pld do 6 pet pfd do 9 pet pfd Pub Sr El L a pfd Pullman Punts Al Sut Pure OH Ida pfd Purity Bak R Radio do pfd B do pfd Radio Kelth-- Hi 19! 31 11 61 454! 7111 361 96 30 Maimt Copper Malllnton tManatl Sutar Pfd — do pfd ir MscAnd at Forbes Mack Trucks RH Mary Madison Sa Oarden frelr Sllnolt Central Indian Reflnlnt Indutl Rar Intersoll Rasd Inland Stl Inspiration Copper 'Del! J1S 31 S 'IV Insuransh do et 'Mdi IS 69 St nterb Rapid Tran 64 S 69 69 ntercon Rubber 11 33 IIS i! 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Co iChlte Cop New York Stock and Cnrb Exchavngei Open Today at Uiual Listen In over KSL every mornJnf S:ZO a m Qaortattont and financial Information art broadcast direct Irom ear Beard Room Ask for our Latter out texlav— American Tobacco Co Penlck eb ford Ltd Inc 16ft! 41 41 Tr fit M S II 14V IDAHO POTATOES IDAHO PAIXS Iter 10 (API — Potatoet Bales 3O0O0 Including 10000 tientneeet do pfd — now eontrtcts No Clesln quotations: mariet ouu rutaets Chic da N W I U March IW Mir tM July No ll004rl10: most buyers Pneu T Chit No 1 5 ra B 41: September rurals V B Bantos contract — O eserfoc do pfd occulontl ear Si 00: bfferlne OS Droember 10 31 March titi May Ohl Rk It t5c Twin Palls demand alow market dull September 170 da I pet pfd July S SI: tales ruaaelt u I No 1 SlOOtt rChle Yell Spot cnf'e dulat: Rio Is 101 Ki Santos law larir Cab da lHejiim iio n 8 No 3 mostly We few lower Chick Cot Oil 1 II 301 55 331 69 do pi a Bklyn On Oat Brown Shoe sales Chic tt Alton do pfd Chic Ot West S4 3 10111 401 11 11 10 Cerlatnleeel 11 to Checker Cab 13 00 Ches 4a Ohio U M Chea Corp 1144 11 M 1164 1111 11 1 10 11 1O1I07 11 points down SOI 301 31 mh 1140 II Ml SO C4 ll" 9l! 30S u Endte-st- t John 494 Erie Pub Srr IS 1301 19 and 11 u I 1 IS ill 60S o 1 pet deb 'Broilers 33ClSSc: bent 10931c Butts Cop ek down closed 1 turkeys Butte At Sup M adtjlSc XJ s Steel after touching 13a Butterlck Co Byert closed at 140 a loss of only half at COTTON yoo pi a General WtWTORK ov 10 (APlThe aenera) point General Electric were Motors and Westlnghouse barely steady at set rllf Pack off cotton market tocloaed Callahan Z Ld ruturea: it pomu a point or less at the finish but Na- ucciun u i Hlrh Lew Close Prv Cite Calumet da Arts Jan old 11 IS 11 0v tional Biscuit Liggett tt Myers Calumet da Hoc n it new 35 Campbell 1113 1000 l6ilM 11 wr American Tobacco "B" showed losses Jtn Marcb 11 Mi Canada D O Alt 31 lllt llioei 1141 1I4S4I 44 1114 Canada Pac n of 3 to 5 American Can Eastman Mar il40 11 HO as 11 M July ton MJlls Cannon it Kodak Kennecott Vanadium Stone Oct 1303 II1011 lito eisi 1313 Cap Admin A At Webster and Coca-Col- a eld closed Dec 10 SerIT 1110 Csn J I tees Dec u 1011 1110 1100 CaterplI Tr loiieti moderately higher Specialties were Celenese mostly weak fAP — Cotton Celotex Co NlTjr ORLEANS Nov It elotcct steady at net declines of tt ido Foreign exchanges ruled Irregular futurei 11 CentralpfdAt and ttulL The French franc was te points Wn m Cant R K J J flu firm Jen 11 IS' 10lt' 10 Sr4 1111 Century Rib M Mtrcn 1135 nit llJfiflJl II u Cerro de Pas Mar July Oct Dec 17 64 11 Bon Ami e SS 111 61 iBamberser pfd iBant eb Ar pfd Barker Bros Darnet Leath Barnadall A Beatrice Cr do pfd Beech-N-ut P Beldlnc Hem Belt N Ry ptc pfd Henoil Aviat Beit Co Bethlehem 81 Beth Bt 7 pet pfd Blsw Knox iBloetnincdale Bohn Alum Buckyrus-Ert- 1( M MS U 19 13 11 Baldwin Loc ado pfd Bslt Aa Ohio grunawlck 11 ll ta 106 Atlas Stores Atlas Tack Auburn Auto Aust men Auto St Rat A Aviation Corp old It 14 4itMkllnU IMU 101111 I1I4SII4 44 Atltntle Re I Atlas Pew ido pfd n h r 30 lis 5s Ss 36 1164 7 SUMS 103 W I ado Dunhlll Int ii 111 pfT If Cat Line Balm-Ma- t 39 10'i I US 14S ii ns 17S and come 10 3031 II Dry Qoods Atch T da At) At O I 31 Archer-Da- n M Armour Del pfd Armour si 111 A do B do pfd Arnold Const Art Metal Con asso app ina Asso S 4S S S MS II 33 8 new Am Anchor Cap Andes Cop eucer NEW TORK Mot ! (AP)-tUwas llrmtr today Witts prUu sdvanclnt of tor of a tent te the bull 4rttere wtt a fair tn- spots duty Mid were this 11 level but tffiftnit eulry comparatlttlr lltht and thi only taU ctut- ftrtned wtt UOOO basa of Cutso tor thlpmtnl to tt local reflntr Early lottei were more thtn recovered In raw futuret as a result ef wvsrlnf and trade huylnt twins to tht firmer tpot market reports that the irlndlnt ef the new crop would be deferred until after 11 and expeatatloni tf favorable January devaloomenu tt today a meellnt In Cuba I polnu ower un-d- er The market opened liquidation and Kuropetn teuini at If by tht early wesknest In the Influenced London market The offerlnea however were soon suoroea arts eipttisiions inai tuiir iiaeuitt- the recent proposals 01 tns ritlfled ttnn rammlltee would be by the Cuban heuta tt todar't seaalon led to in- creaseq ceverint ana pom ouiaiae aurwi 10 1 with prtcet tavsneiotr 1 points teoTt lh Brevlaut close ftealltlnt thecked the aetbacka followed but upturn snd ptrllal 1 4 to vert final prices atlll points net hither One privets cable received from Cuba tsli the suear sisklltiitton plant would be rstltled unanlmouilj while oth er csoles ttio anas certain srvioira an the bill would meet with stroni opposition Notwtthttindlni the confllellni cables the local trtdi were of the opinion that the It llao vat rebill would be adopted thtt tl a tneetlne et American and ported Cuban committee with Prealdent Maehado of Cuba in lireement htd been reached that trlnoint 01 ins new crap oe postponed until after January It Approal- lalet tsivo torts uecimoer cioeeo tula 140: Jtnuarr 144: March 111: Map no 1 Juir in aepcemDer in Ist eontraeit doted I oolnl hither at 833 lor Deeemocr wun no etiet si tvs ior Tint Rellnrc est iiiunantti aecond-han- dt svsllable at ranulated with Withdrawals continued ef sea eontJile proportion hut na new buylns wat reported General Utility Securities Irjcorporated ' 61 Broadway New York t |