Show c 10 Cotton Starts Slump Many New Lows Registered Averages - NEW YORK March 16- M-f- lite was a week of deflation in most of the nation's leading financial mar- kets It started with a precipitate slump Jit cotton Monday and a wide assort ment of new low prices for 1935 or longer were registered" before selling flurries in commodities and securities spent their force As the week drew to a close the at Biosphere cleared a little and prices recovered somewhat Securities markets were enfeebled during the preceding few weeks by in dicaUons that the September-to-Feb- ruary upward cycle of business activ ity had rounded out a top by the Unsatisfactory earnings situation of the railroads and by worry in public utility circles over the federal pro posal to eliminate holding companies Industrials Hit Hardest This week it was Industrial shares recent market favorites which tore the brunt of selling Rails and utili ties save In some of the second grade bonds seemed well sol out and hardened against adverse news Monday's slump In cotton took the markets oft guard There was now in to account for it save ah accumula tion of uneasiness over the federal government's plan for controlling the new crop and continuing loans This had been accentuated by the slump in sterling exchange and decreasing j authori Washington agricultural ties quieted nerves by asserting that there had been no change and by stating crop loans and adjustment plans Sterling recovered' rather charply Grains Drop Grains also dipped for a time regis tering new lows for the season and some of the minor commodity markets slumped notably rubber and cof fee Wall Street grew somewhat un ineasy too over price structures dustrial products coincident with Washington discussions of revamping N R A and' eliminating price fixing provisions of the codes Markets gained little support from business news Retail trade reports brightened and the automobile industry continued to stride forward but freight movements declined more than seasonally steel production slackened a trifle and steel scrap prices softened Investment Trusts March IS AP)— New Eecurltr Dealers' association OTW YORK Bld- 1 Basio Industry buuock runa Can Inv Fund Corporate Trust do A A riA A A mod Diversified Tr do D BlvidendV Phrg yr -l 176 171 h:H 462 113 13ft 308 itm 3(0 1SSS 31 aM7 108 128 170 115 345 485 ' 1I8S I '?§! 8 es e Mclntyre McKeesnort T NEW YORK March 16 (API — Followine MoKess de Bob Is a list of Saturday's stock transactions do pfd on the New York stock exchange Mid Cont Pet Midland Btl STOCKS Mo Kan T (Sales In Hundreds) MO Pac Net Montgom war a 'SletlHIghHow Iciose Ch Motor Prod Motor Wheel Murray Corp Adams Exp HAdama-MlHitNash Mot Air veduc Nat Biscuit SI 16V Alaska Jun Nat Cash R 17 It AUehny Nat Dairy Pr Al Ch & Dye 137 Vi Nat Dept Btrs Allls-C- h 13 Mfg !p3 Nat Distill Am Csn 113 Nat P li Lt 31 lltt Am Car A Fdy Natl Stl Am Coml Alco 3 34Vi N Y Air Br Am k For Pw 31 N Y Central Am Hide St Lei 34 N Y Investors Am Internat 4 Am Loco Am Metal Am P S L do H pid m T' h St S Am Roll Mill Am Sftfety Kai Am Smelt A R Am Stl Fdrs Am Sugar Ret Am T T Am Tob do B Am Wat Wks Am Woolen do pfdi Anaconda! 4IU Commodity Index Bait Si Ohio Bamberger pfd m Aviat Co - Jinn fi410 0554 0533 073n Radio arises Mfg Budd Mfg Burr Ad Mach Byerj Co Calif Pack Radio Keith O Rem Rand Reo Mot Renub Btl do evt era Rey Tob B Royal Dut ' 38 10'A 10 D O Ale 4JS 4579 13135 Silver ounce Steel scran ton Copper pound Lead pound Cotton pound Wool pound Coffee pound Bugar pound xNew 1035 low BNominal (Copyright 08 039 1335 1135 1078 0308 1035 Cuban-A- March IS (AP)— Ststistle SppeartwUduring the past week Indicate" furtherecllne In business activity according to Moody's index figures for frttgh ear loadings electric power production and awei ingot output These index fiturea are aduatted far tonal variation— that is If the change irom me previous week eflouia cme witti the normal seasonal change the Index figure would be unchanged Oar Loadings Elec Steel CornLatest week 613 110 S 537 741 0J4 llOf'843 75 f previous weeg Month MO ' 593 17" 631 1113 Yctr uo 638 105 7 01 7 737 101S 680 1133 838 798 high 1108 537 748 im lowweexiy average iovi iiyzs Copyright 1935 by Moody's) IffiW YORK m 5s STOCKS and BONDS 16 W 2nd So W 3330 WE WILL BUY AT TOP PRICE 100 Deseret Livestock 3000 Frisco Lulu 100 Pacific National 31 30O 31 461 3' 31 111 l 21411- - m!- - 1'4 33 314 M 17814 17 11 9H 100 1000 2000 Ashley 100O 5000 SOW 30 SOO 30M 3000 100 Valley oil Amery Pork Gold Bauer Mining Big Six Oil Col Holding Units Diamond Oil rrlaoo Lulu Glen Allen Mng Koylt Mining 184'-t- 37l t6 II 1 ism 64 Timk 31 53"U 42!- - 43 3 15 a 6'4 do A Vi t Deere Ss Co uei A Mud Del L & W Dome Mines Doutlas Aire Du Por' de N 4! 344( 23K 4! 39 35 Vj 234- 1- 25(4-1- 11 -- 8 6! 17 —B— Eastern Roll- Eastman Kodak S0H 18 88HI Jill7 39 18 H 87 18 do mri uity uev 10W Queen Esther 1000 Utah Motel Plux 30 Utah Pow & Lt 80 Utah South Oil 1000 Whit Bullion 1 OA A 7'" OOi 03'i 03 02 Bargain 04 02Vi 02 Va Market 0t ' Mould Carb uoewe WesMr- -h It- a¥- Fl ft M west White Mo' w Wilson 71 7 ft Co 714 BV 14 13V 231V 12l 33 Vf 29141 IS I 71 ' 4' 10V4 10 131 27 26 61 5 63 154 8 154 33 3 24 61 36 3 141 561 i 34' 8(4'2 V4 M at1' t 38M 34(l 36"! 26S 31103"! 103': 3! 14'vj 14 1 36 151 K m i4t i as'-a- 404 3 45UU 34HI 38 34 S9V4 - 'ii" ""ii ""ii"""M" 07 "'07' 1SW 004 08 07 "oi" 05 04 05 03 59 00 56 01 01 43 00 03 00 02 Vi 58 51 52 :iv4 01 38 '004 "5191 Vi' U3 ''6i" 48 91 00 01 "!m ' ' '03 362 !08' 30 03 "!3' 835 "'6i ""M 362 ""34" 03 825 25 01 "ioivi 362 35 03 335 25 00-- 675 01 01 80 61 004 004 "ii" 00 :":6" utan o Fire ciay Utah-Idah- 88 do pfd Utah P A L do 37 pf (T 14 ZCMI 36 714 84 t Vi 3l 1 51 004 "18" Amalg Sugar pfd Con Wagon ft Mach 84 74 271 75 "::i' 478 IS Bugar com 86 pfd Bid 86200 100 3000 132 6 60 1435 1760 3400 Si1 34! II 39V4 31 54'f 191 454 21 51 71 WVt 5 18 34 II 41 181 21 61 2fti II 4r 21 hi SI 514 3 2'4! lay 39l B4'4 48 4 8414 45" 8V - S"- 4 24 49 5"" li ' 1! ' 10141 lDVe 78 7AI 9l SB 41l 37 78 941 16 HI !4I 9U 88 V4! S"4 84 34 4 714 41 4141 41H an -- TV4- TV! 18 8 15W 3l 3 181 18M1 941 5! 3d 'A I I- sv V-- - 18 SVj H - 841- itV V 1 a'inv4iin'4iim4t 31 67 R7 67 1 3 I 171 I! 31 3il ww 1I ?8WI 2814 U 75141 7514- '1 urb NEW YORK March 16 market price changes for the most part were confined to minor frac tions today Oil issues recorded mod while other erate improvement groups were generally trendless Activity continued restricted trans fers approximating 60000 shares compared with 51000 a week ago Among petroleum shares Standard Oil of Kentucky and Humble Oil ad vanced about a point each while Gulf Oil and International Petroleum were Newmont Mining a trifle higher got up a point and Lake Shore was a shade improved A O Smith added a fraction to its spectacular advance Electric Bond and Share yesterday American Gas and Electric American Cyanamid and others were nar' row 14l 13 33 31 91 M 131 U20I 111 81 l -- l 23 3'l 7"l 5l Vt Vi llII 1t 5l n II " - 1 I 19 34 91!r! V 3" Kl- - 23 19 S4 7'4l l V I 7't!- - I 51' Jn Y Bank Stocks NEW YORK March 16 (API — Following are the bid and asked euotations furnished by New York security dealers on New York bank and trust comnany stocks t'aded Saturday on an over the counter bsls! Asked Bid 21 20 Bank of Manhattan 69 Bankers Trust 57 83 88 Brooklyn Trust Oen Ucn BS ft Tr 110 106 21 23 Chase National Chem Bk A Trust 89 Comme-ci- Cont Bk ft Trust Corn Ez Bk ft Trust Emoire Trust Fifth Avenue First Boston Corp First National Ousrantv Trust Trust Wsnufsctu-er- s Trust Nations! City N Y Trust "uhlie Title O ft' T Unjted States Trust 11 47 17 1OO0 244 1645 24 13'l IP3'' isv 37'' 4 V' 1630 14 12 41 18 1050 25 1688 254 14 21'' XII 87 30' SI 1638 Corn weak enlarged imports predicted Cattle nominally steady ' Hogs about steady few available 33 01 40 00 004 05 03 01 08 00 03 00 03 60 OUj -- Mt States Pet Mountain View Nrlldrlver New Premier New Quincy j North Lily North Standard Ohio Copper Opohongo Park Bingham Pnr!: City Con Prrlt King Park Konold Perk Nelson Park Premier Utah Pioahe Bristol Plumbic Mines Plutus Prince Con Provo Rico Argentine S'lver King Coal Silver King West Stiver Shield Silver Standard Sioux Mines 80 Iron Blossom So Standard Swansea Con Tar Baby Tlntlo Central Tintic Lead Tintle Standard Union Associated pnlon Chief Utah Con Utah Met ft Tun Utah Wvo Con Oil Viotor Con Walker Mining West Toledo Wilbert Yankee Con Zuma 00 04 02 53 00 00 no 01 01 01 Id 00 '"67"' 12 50 04 35 01 11 03 16 E'ii'ii 04 900 850 30 001 30 ao 01 ftOrtg 01 02 22 470 440 03 00 ) 00V 03 150 I 07 01 60 00 01 00 uo 13 03 004 Oen Pae 6s do 1st 4 "'ii' 06 Certaln-tC O Bid Asked 33100 114I114 106'A l 8714 84 73 60 4B os 2 48 4s 101 NEW YORK March It "UP) -F- ollowing Is a list of Saturday's transactions on the New York curb exchange: STOCKS 32 -- l II BONDS -- ioi J - l) an fis lfl ao cen m ei smi m Cities Service Ss 50 Clt Ser Pow 61s 53 Comwlth Ed 4 ViS 67 D do a 81 F P 4S 58 ft E 5s 58 Stl 6s 40 Cudahy P 5J 48 Dallas P ft L 5s 53 30 13 13 12 11 15 16 12 15 16 25 cu Consum Cont O Crucible 30 124 do 6s S3 Bell Tel Can 5s 68 A Cent 111 P S 4 Vis 61 Fl A C 714 105 109 8 86 37 65 s- ! 87 30 & 25 l tin 79 27 26 31 1 27 2 107 121101 71108 70 49 2 99 31 Hoe Hud ft ft 26 Silt 107 101 108 484 99 '5 110514 3 107 107 103 1 103 2 36V4 36 58 5 59 5 101' 101 II 1 73 79 55 1 83 106 3 a 1' 59 ' 83 81 3! 76 75 80 1 80 88 I 88 II 40 40 l'i'i 12 h IS 25 110 79 27 30 37 107 101 108 66 55 64 844 67 H Co 6V4s 34 Man rfg 5s 571 Inland St 4 Vis 81 B int cement 5s 48:44 Int Hydro El 6s Int Mer Mar 6s 41 Int iwr 5s 47 Int T ft T cv 4441 39 151 89 65 105 100 29 53 65 60 61 57 65 10 100 2954 54 65 60' 62 57' 4s 62 do do deb 5 55 K C Ft S Mem 4a 361 35V4I 38 MrKes ft Rob 58 Mnvale Btl 5a 36 MKT f di 5s49 67 Mo Pee 5sr dQ OS 77 do ten 4a 75 46 ft Mont Pow rfg 5s 43 99 105 107 Nat Dairy 514s 1034 Natl Steel 6s 56 48 ts 4s 4s 501 9714 S7V4 97 10314 103 103 15 154 15 5 23 224: 33 6 103 103 107 120 6514 60 48 4714 50 109 34 5s ni 4s pl 6s r I j' 1I nr'nnd 4s per pouna Marsh IS CAPI— Bar allver lower at 58c NEW YORK barely steady 14 LONDON March IS (AP)— Bar silver- lower at 37d (U 8 equivalent easy 5850 cents) bar gold declined 7 pence to 145s6d (U S equivalent (3481) money cent: discount rates short bills perthree-month bills per cent Marll VCiPK NWW IS (lTln ! spot and nearby 4720 future 4680 metaia nominally unchanged other iPirH fn virw vorit vrnmh is turea cloned oulet unehanBil kinrnh 338n Sales none zinc futures closet oulet unchanged March 376n Sales none n— Nominal NEW YORK Mareh 18 f API— Porelm ex (Great Britain In dollars others in cents) Great Britain—De104 mand 458 t cables 450 bills 7 France— Demand 659 cables (59 479 90 90 cables 830 '4 Italy— Demand 830 13 131 Demands— Belgium 2316 Germany 37 37 4030 Holland 6760 Norway 2416: Swe34 33 den 2479: Denmark 2147: Finland 913: 78 78 Swltierland 3236 Spain 1366 Portugal 78 78 436 Greece 93 Poland 1888 Ctecho-Slovak- ia 418 Jugoslavia 328 Austria Total sales Saturday S7003000: nrevintis Rumania- - 101 2980n day 6103940001 week ago 17401000: year isua: Hunrary 859n: Tokia Argentina 3300n: Braiil ago 37893oou two years ago 84346000 4850: Shanghai 3890 Hongkong January 1 to date 3755077000 year ago 2822: Mexico City (silver peso) 37851 Montreal siH7oo8uvu iwo years ago 3679954000 In New York 8991 New York In Montreal 110078 nNomlnal change-Irregul- ar 994 994 104 7 Montreal Silver 13 14 92 14 92 3 3 25 36 13- 103 107 ' 120 6514 60 ISleslHlghlLowlClose 12 14 Borg Warner CM & N W 3 Cltlea Service- 23 Commonwealth Vt Cord Corp Crane Co 460 30 92 March 18 (AP) — There was to 1135 a bale in cotton here Saturday Renewal of liquidation and foreign selling were attributed partly to nervousness over the European situation and reiterated talk of possible mill curtailment May cotton closed at 1090 with the general market closing barely steady with net declines of 23 to 27 points Futures closed barely steady 22fi27 lower H eti Low Close March 1099 1080 1084 1108 10 90 1090791 May 1113 1093 1003I&96 July octooer 1060 1053 1062Si83 December 1079 1058 1065 1073 1060 1060 January Spot quiet middling 1126 NEW ORLEANS March 16 (AP)— Cotton futures closed weak at net declines of 22 io 36 points Low Olora High 1071 March 1071 1071 1086W1OS7 1107 1086 May 1093 July 10fl31094 Oct 1058 1053 1069 Dec 1057 1974 1057 Jan blO62 hold Spot cotton closed oulet 27 points down Sale 200 bales Middling 1106 cents 64 100 550 430 300 200 50 1000 Edls S'i 56 2 3"'i 30 M 3 56 2 102 BOSTON March 16 (TJSDA)-Ore- asr domestic wool was quite active combing during the past week with some slacken ing in demand noted toward the end Average 12 months Texas wool moved at 60 cents scoured basis 8trlctly combine staple of most grades of Ohio and similer fleeces moved In moderate volume at 26 W 27 cents In the grease for 64s and finer at 276)2714 cents for 68s 60s half blood: at 26i27 cents for 56s three-eirhtblood at Z9lferZ4 cents for us sos quarter blood and at 21(322 cents for 46s low quarter blood PBIVATK Davies Badger Go & Member Salt Lake Stock Exchanfe 23 West 2nd South Wasatch 702S New Sork Stocks and Bonds Chicago Grain Fast connections with ail markets All Unlisted Securities Botifht and Sold WILL SELL SOO 1000 2000 128 1000 300 400 100 Diamond Oil Frisco Lulu Glen Allen Koyle Mining Park City Dev Park City Utah Quarterly Income 03 03 $ 02'i M 04 Make Bid 122 Springvllle-Mapleto- n Make Bid Market Sugar 20 Utah Uower 7 3000 White Bullion 20 Z C M 0014 I Market WILL BUY Wool Market W1BB CONNECTIONS 200 Arrowhead Petroleum Offer lt 3800 Arher Mut B ft L Market 3000 Frisco Lulu Offer lt 1000 Con Wagon Market 50 Deseret Irrigation Market $3000 Deseret Building Market $2000 Intermountaln B ft L Offer it $2200 United States B ft L Offer lt Pacific Nat Life Offer lt Bug Fref Offer tt Build ft L Market All Bids and Offers Subject S 25 Utah-Idah- o $2000 Western WITH B A PIEBCIC ft GO Conservative Investors Investors will be interested in New York stocks which have paid dividends uninterruptedly for the past five years and now yield between 3 and 8 CONSERVATIVE Our compilation includes earnings from 1932 to 1934 dividends from 1930 to 1934 approximate price and present ield J 7s 183 39 39 V4 40 85 93 29 77 Settlement nrlces at Utah smelton ss Quoted by the American Smelting and Silver nationalized comoMiy are: at 501c: newly mined domestic silver 64 Vic lead 365c per tundi copper 865c nn Lae Oas i'bt 53 Liggett ft M 6s 51 Loew's Inc 6s 41 Loulsia ft Ark Is 69 M- - 183 19 30 41 85 92 39 77 r Metals and Money a decline of about 8110 Detroit Clt O 6s 47 A New Eng T ft T 5s 52 36 Elee P A It tt 3030 68 'A N O PU BV S" Wi A 42 Emp O ft R 101 NYCrf 6s 2013 A Falrb Morse 6s 42 4? do 4'4" 3013 73 Fla P ft L 5s 84 (Sales in hundreds) N Y C ft H R 2013 47 79 78 A Fla P Sles:HljhlLowlLaat Oen Pub Ut N Y Ch ft Bt L 4" s 78 49 65 s 69 10! 48 48 109 N Y Edls 5s 51 C 48 Ala Pow 37 pf 105 Oulf Oil Pa 5s 37 io5: N Y N H ft H evt 6s 48 W 7 13 33 Allied Mills 59 la4 Hvtrada Pd 6s 48 ant 3414 111 P ft L 53 66 O N 29 81 34 50 34 00 4'S 67 Alum Co Am 31 15 N Y Ry lne Ss 85 16 15 11 73 Am Cyan B 11 Ind El Ss 47 70 50 6 18 70 Am Oas ft El 184 18 80 Sh OO 6Via S3 H Niagara 66 87 1501 88 Nor Am Co 5s 61 89 68M do Pf ' 89 do 8s 51 C 87 Am Super Power Nor Am Ed 5's 63 40 864 Ind Svc 6s 63 A '30l OO 58 69 O Ark Nat Oas A 101 81 81 67 A Ind P ft L 59 mom! WW R 4 8--18 Da THtan 66 93 Vt 3) As O ft E L A 94 Nor tie 6s 2047 19 66 sriv W0 vt luwio 3' 964 98 k PR" 12 7 103 16103 1 Atlas Corp 00 48 87 74 Jer Csn PL 4'iS 81 O 2 2 2 2 811014 101 do war Lib MCN ft L 58 43 1 1 1 2 Blue Ridce 72 RR ft N 4s 61 V 73 Nevada Cal El 5s 56 tl03 103 101 72' 21S 3 36 48 36 38 do evt pf 40 48 i 48 O ft E 58 50 NEn 61107 18' 84 Pac S 67 99 4 107 16 107 L Brazil T ft L T 84 8 H T SQ! ft ft T 8s 85 89 Paths Ex 7a 3' Cent St E) lliosH 1034 1"3 lt 6: Nor Ind P S 46 70 E f3' 884 99 V4 4:13-1- 6 81 Pen P ft Lt 41 24 103 40 103 102 89 Nor Btteg u 4'£S 81 5 34 71104 Vi 104 4 104 V pen co 4 a 63 34 51 106 H 108 106 Ohio O ft E Ss 50 IS 335 21107 106 57 E cons qop Mn Pen RR 6Vss 36 104 ioe Pae O ft E X 32 Sjl04 171105 105 105 do gen 6s 68 do 5V4a 53 C cord corp 113H 112 1514 94V4 15 15 1 Dlst Corp Seagr TT 36 92 99 do 93 91 70 Penn Csn P&L 17 10614 108 El Bond ft Sh 1 106 80 Co 5s S 7 44 414 4 penn o Phlla 4g 80 80 '4s 54 40 do pf 3 66 - 85 40 4 ''41 49 107 65V4 Phil Eleo 4S 71 Pun 8d PftL 107 107 -7 5 7 VA ss risk Rub 59 Phil Read O ft I 6s 49 41 ao 4ms so u 58 414 41 3' 3714 37 37 Ford Mot Can A So Cal Ed 6s 39 33 23 34108 107V4ll©7 4a 37 234 pmuppine Ry SI 16 Olen Alden 16Vi 16 10'106 Pe 6 '4s 39 da 6s 61 1014 'lm) 31103 102 103 Phillip IS! I 14 100' 100 O ft Ooldfleld Con 'lOfl'i 5s 57 A 1' 63 83 53 do B 5! 108 18 1I"1'4 10flilll04 Reads 4 Vis 97 A 1108 106 Quit Oil Pa 1 6 6 Hocla Mining S8 fS Rem Rand S'4t 47 101 17 10 Stend O ft E 8s 35 evt 2?: 39 101 16 18 15 16 O 31 Holllncer Gold ao os si 108 108 Revere Cop A B Os 48 108 S3"l 84 iS 274 20 12 12 331 28 30 Hudnon Bay U ft S 8 12 Stand P ft & Ss 57 28 37 Kirmieid oil ss 44 6464 64 Humble 3 864 964! 1"! Oil 6 Tex El S Ss 60 do 8s 44 A ct 2714 2 27 li 37 1 28 28 23 Utah PftL 6s 3031 A 63 Internat? Pet I lt 63 63 g S 614 6 S 1104 1104 1104 Lehigh O ft N Westvaco Chi 6 lis 37 St Joseph Ld 5 '4s 41 12 10611106 106 1 6 Lib McN ft L 1 9 64 9 Bt L 8 F 4V44 78 FOnEION BONDS 1 Nat Bellas Hess I 1 14 1 1014 10 10 do 4s 50 A In 31000) (Sales L 47 47 P Nat ft pf 50 4714 7 59 Sou Pac 4V4s 68 58 89 47 Bu Aire Pr 86 36 stpl 3 II 36 Newmount Mln 4 Vis 81 58 do 79 59 594 1! 12! 1241 12 Chile Mtg Bk 8s 31 N Y Tel pf 120 120 75 120 42 59 58 do 4 'is 59 51 21 75 2'4 Total stork sales AstiirdsT ftonoo ihnr31 73 do 75 3'J Niagara Hud Pow Ore 77 2' 5 ' 1 984 'SSI 904 5 5 Nor Pipe L 168141 TiUI bond yeer Ritur- - South ny con bs 31 2' 21 Pac'fic O ft E 1st pf 21 7 103 51 1034 103 Si Oil N year sro 13141000 ii703boo: igsy 41 Pennroad I'i 1'4' l'i ' 3 Pioneer Gold 9'4' 9V4' 9 95 95 II! 95' Ten Fl Pow 6s 47 A 0 Fruits snd Hops 10 1TJ n Puset fd P 5 pf 611104 MliniTfins-1Tex Corn 5s evt 44 She rw'n-W87':' 87 NFW YOPX Mi-r- h 115 S4V 16 (APl- - Drlrd fruits Ten ft Per 5i 80 D 87'i 84' 84V 10 13S' 18'4 13'i! Sunshine Min V Vsteser I Swift ft Co 16Vi! 16 lUD Oil Cal 5a 45 WW 34110) li 102U03 Hops— Unchanged 58 90 NEW YORK 108 104 ft at - 85 84 103 110 79 13 83 34 31 Cotton Market Vt 884 47 Oen Cable Oen The Eq 6s 40 Goodrich 6V4s 47 R 5" 57 aoodyr T Nor Ry 7s 36 do 4V4S 77 E SV4s 78 98 78 SJ 43 78 — l 95 64 1414 84 1(105 Vs 105 66 87 PAL T4 1 7 a 7 Shawmut Assn Vt Marsh Field stone A Webster 24 2 Vf 187 16714 10154 10' 10V Swift ft Co 16 Unit Drug ' 33 32 Swift Int Unit Fruit 150 32 Xk 78 74 Unit Shoe Mach 90j 74 Stock sales Saturday 8000 shares U S Steel ii 33 an "4 29 1 125 IV Utah Metal 3 45! 3 3 Warren Bros "Total Boston stock sales Saturday 6585 HOME OWNERS' BONDS shares FEDERAL FARM LOAN BONDS BUILDING and LOAN ACCOUNTS AND SOLD BOtfGH 109! IC&CSLftNOSS 63 A 78 91 62 82 33 30 Quincy 5s 15 7s 40 Gillette Kennecott New Eng T ft T N Y N H ft H Pond C Pocahon l Coml Inv Tr 8V4s 49 45 Con Oas N Y 00 61 57 51 do Consum Pow 8s 52 Container Cor 6s 48- Crown Zell 6s 40 42 ICuba No Ry 8 tsaies in sivuur Ala Pow 4 Us 87 Am O ft E 6s 2023 Am P ft L 68 3016 Am Seat 6s 36 Appal El P 6s 66 5s 56 Ark 53 As Eleo 4V-As O ft E 6s 50 flO OI 68 do 4V4a 49 O As Tel Ut 61is 44 90 110 89" Chicago Stock List 81 F & I Colmbia O 6s 62 May Duque L 4148 67 A E Erie rf 5s 67 00 rl 66 75 -- ( 214-- 181 COOft8tL4S77E COl 58 48 S3 15V4 t Vi 117 1113 4s 10800 10300 6000 6000 3000 10300 8400 8800 7000 10200 6a 97 84 U 71 88 Vi R I ft rfg 4a 63 Ch Un Sta Chile Cop 6s 47 c inn oas A E 48 68 Cln U Term 4 'is 3030 560 225 BONDS Amalgamated Sug 7s 37 10500 10050 Holly Sugar 6s Mutual Creamery 8s 1936 3600 S L ft 'Olden Rr 6s 1938 2800 S L Term 6s 1935 2700 I 6 90 1044 MONTREAL Marfih 18 (API— Silver fu BOSTON March 18 (API—Followine are tures closed easier sales 30 contracts the sales high low and closing prices of Low Close High Open stocks traded Saturday on the Boston May 5970b 5957 5952 5952 stock exchange: 6015b 6906 59 9 bMD July 6115D (136 6135 06100 Sis IHlgh LowlClose NOV b--Bid 9781103 Am Tel ft Tel 101 101 2 10 2 Amoskeag 75 8 Anaconda 84! 8 40 y 40 20 40 Atchison Boston ft Alb 9914 99 10 10 81 61 Vi 81 Boston Elev CHICAGO March 18 (AP)— Following Is East O ft F 1 31 34' a list of transactions in stocks on the Chi-ca109 V Edison Elec 111 108 50 109 stock exchange Saturday: 13 134 134 Employers Oroup STOCKS 47 47 47 Vj First Nat Btrs (Actual sales) 21 Oen Electric 31 21 75 CMSPftPSs do adl 5s 3000 Chi ft N Wev4s48 34 C P INDUSTRIALS DOMESTIC 6a 41 104 110 106 Boston Stock List 93 gen 0 B 6 Q rfg 6s 71 A oo sen s !9 Chle Gt West 4s 59 Salt Lake Curb 93900 535 190 14 87 6'is d ft with recommendations for legislation will be submitted to the house with-(1- 1 4 the next two weeks or so Mr McReynolds declined to dis-close details but indicated that the plan would overcome objections of fered to proposals to place a heavy tariff on finished "tin in order to en courage importation of tin ore to be smelted in this country Another section of the program calls for an appropriation to be used in develop- -' ing tin substitutes 'and conducting an extensive investigation of tin resources in the United States The United States is almost wholly dependent on foreign sources for its tin supply England is the center of the tin smelting industry Since the United States consumes a large percentage of the tin pro duced by foreign countries Mr Mc Kevnoku feela that this rountrr should play an important part in controlling world tin prices 6s ( Can Nat Ry 46 do 5s 89 July Can Nor 7s 40 Dan Pac 4 'is 60 ao ss nero 65 m J4 do 1st 5s 48 da rfg 5s 95 do evt 414s 80 Bell T Pa 5s 80 C Bklyn Ed 5s 53 E Bklyn M Tran Ss 68 Bklyn tf Gu St 50 :8 00 00 00 IB II WW 723 1 104 8 110 10 106 9 89 7 93 1 82 6 82 25 34 38 31 Milan uity 6 vis 53 N Sou Wales 5s 67 44 Norway Peru 1st Ss 60 Poland Ss 60 Rio de An 53 Sax Pub Wks 7s 45 Herns eta SI 7a 63 Tokyo City 614s 61 Tokyo CI Lt 68 53 4s 95 B -- 03 "06" 81113 14 109 8 113 5 107 4s 4S 05 do sdi 00 01 32 M 2i 15V 4s Un Pae 87 do 1st 4s 47 Unit Bis Am 6s 42 Unit Drug 5s 53 U S Rub 6s 47 V 'U u Utah P ft L 5s 44 I efts 47 uui r do 7 Alleghany 6s 44 Am & Ear P 6s 3030 Am Chem 5'4s 49 Am T ft T 5 'AS 43 00 COl M 40 do 6s 65 iU ill Ani W W ft Arm' Del SVis 43 48 A T ft S F evt 375 SJ 157 544 Otr C Ag Bk 6s 80 Oc oer oov inti 5Vis 65 ao 78 49 ICloae Italy 7s 1951 Japan 6 Vis 54 Kreuger ft T 5s 69 ct ©a 14 03 240 I 181 6s CORPORATION BONDS (Sales 1ft 81000) ISleg IHlghLow 36 01 02 00 OIV 0114 03 f Total issues 385 11 fapt— WnllnslTw Inv mnA ninslnv nrtaMi 3s 00 '"oi36 Swift Int Tastyeaat a Technicolor Teck-Hug- h Gold Unit Founders Un Lt ft Pow A Friday 238 144 162 t 00 03 I Saturday Advances Declines Unchanged 3s 35 Utah Oa ft Coke pfd Utah Oil Reflnta UtBh Southern Oil oar S7W)3oon jmc- - Representative Tenn) chairman-- ot the committee the committees re- port on its investigation together (D -- What the Stock Market Did 11 38 Walworth 6s 45Am 38 38 are Saturday's hieh 23 n Wn He- 8 50 49 50 of bonds on the New York stock exchange Warner 03 6 37 27 6s 39 37 Quinl ana me lotat gaiea oi eacn Bono: 03 3 28 27 west rac lsi as 46 28 01 1 84 Western Un 5s 51 84 84 U S GOVERNMENT BONDS 13 OO 3 83 82 90 82 (Dollars and thirty-second- s) 38 lit Am An 3 82 82 83 loaies in siunoi 03 Wilson ft roii'U"' 3 109 109 109 45 I31esl HlKh1 LowlClcse 1 J J 02 21 lfiiuini 13U01 K Ub S'As 32-18f 93 93 93 03 OD ISt S 101 191011' 1U1"I1V 103 FOREIGN BONDS 50 6 AO 4tn 44 4 11034 iros i 01 in (Sales 81000) 8 da 4th 01 34 16100 36:100231100 35 Abltibl P ft P Ss 53 called4g 34l 07 do 4 th 414 s reg 83 9314 Argentine ss 57 A 08 18 10028 100 2211002' ea lea 93 do 6s sf 59 June 93 04 12 US 241115 221115 2? 414s 47-do Ss 1981 Feb Trees 93 V4 9314 09 an ys 1210S 101 1 100 10510 Australia 6s 53 01 4' 78!11024110161 11030 do 4s do 4 Vis 66 94 94 04 6 do 3 'is OU 103 14 109 109 10912 Belgium 7s 66 1084 01 do 34s 3 107 1C Jn 60107 10107 103 li 10214 ua os oa 07 do 34s 7 281108 231103 toV Berl City El s 51 3414 34 70 107 lr 10107 do 6s 65 33 do3s 3 Mch 2011107 33 01 am? 111107 a -- voo 6 VI 10711 Bolivia as 47 aoiiios 103 8 7 Brazil ios 24 !o! 10 46-OO 3'ilS 15 104 15 104 104 1C British 6V4s 37 113 11114 034 1001104 131104 13 111 2 do V Buenos A 6s 61 sta 55 58 58 431 108 151103 11110311 do 3s 46-106 105 Canada 4- - 60 01 2481103 16103 1011031' Chile do 3s 51-12 12 6s 60 da 3T4a 0 3671100 291100 261 100 K 12 12 do 6s 61 Jan 28 101 331101 rra Farm 3 47 I 3710 Colomb 61 27 y Ss oet m® 261101 22HOJ 5f uopennag os 53 91 01 81 12 103 101103 2 109 do 3VS 64 4 'is 63 92 39 92 8 101 131101 10HO11C Denmark Home Own L 4s II 01 D5 1041104 271101 2210124 Estonia Rep 7s 67 OO SB A ft? 04 185 41 185 French 4381100 101100 5 11008 do 9 '"12" i (ff)-C- 101 According to with Reynolds Vrrh NEW YORK Curb Mart Trendless I7H 28 01 05 03 18 02 01 " iransiers agireeatea fairs Recommendations were prepared hv the Mmmittee after it had com lengthy investigation to de-pleted termine the extent to which the United States is dependent upon foreign nations for its tin supply The state department has approvea the recommendations In principle ap" proval of the war slid navy depart-- - sympathy Corn value compared with $7461000 last QO DS sDV Saturday Vanadium Utah-Idah- o Sugar 48 a 8200 Utah Oa ft Cok Is ao ss 6500 Asked' Utah Pow ft Lt 6s 3033 8600 38600 Hotel Utah 1941 10050 3206 uud uane pros ou 127 Flour Del ft Hud rfg 4a 43 700 MINNEAPOLIS March II (AP)— Hour L) A R Q W 66 65 1350 Det Ed 414S 61 1900 unchanged shipments nsiv 3700 Pure bran—32450(Si2500 Doage Bros 6S 40 3141 3ft 3941 39V 01 01 03 M Moscow Mt City Copper 02 55 56 0114 V yT 14 35 Unlisted Industrials 13'4 sbei 10l 2914 '"Hi"-3- 9 6514 4' Is 63 I 81'jl 61 Wonlworth SSHl 74 74 If V Wrifley Tr Jj U 74j Y ' 15U 4 I 14 I 14 8f 14 8 Yonnrst 8 ft T L 4 17 300800 saleTotal pre9Wurday 73 V vious ty 768160: week aso sasoofl reer 141 575850: 0 728808: two e0 4 294l 291 1 to date 43413166: er o 8M1I 14 "ry 8"S two years ago 4ft939464 1941 13 Kayser J y Wh A Kelvlnator Kennecott Kresge 8 S — do pfd Kroger Ome fambsn 'v 'Jw Myes "Jirta Loco West Mar- - west Un T 271 Johns-J'n- n 1473 lM i 33 54 4J W otor Induf t Ray linger Rand Int Bus Mfch tnt Cement Int Harvest Int Hydro-E- l tnt N'ck Can T Int T J 33'i W 1 Warner ptct West o s Gliddcn Co Gold Dust Goodrich Good T R do 1 pfd Illlno A Vnadi'- - Motors Out Adv Oilletta 1 C Ploe Reel ft I TJ S Rubber do let nfd U 8 8mlt R do pfd O 8 Steel do nfd Utll F tf Lt A 34 344 24 2S Onit F'ult Unit O Imp do ofd IT fl Express V 8 Ovpsum ind Alco O 6 Leather '4'-- 7- 117 Elcc Food G A Kl A J 38" 384! 104 104 B Onlt Alrcr tTnlt Bis Onlt Carbon On It Coro 02 4e 3e 80'4 46t4 so A n vt- 11! nnit Drlr S9'U El Auto L El P 8s L do 16 nfd dn ofd El Stor Bat Clen Oen Oen Oen Oen J'-- IVi Underwood Ell Un Carbide On Pao nnlt Air L vte 024 30 02 02 00 00 Drajon Point gast Crown Standard East Tintic Coal Tintic Con East Utah Empire Mines Equity Oil Eureka Bullion Eureka Lilly Eureka Mines Eureka Standard Gold Chain Orcat Western Horn Silver Howell Indian Queen Iron King Kennebec Kentucky Utah Keystone fflht Tintic Lsonora Little May Magnolia Lead Mammoth Hichiien Utah vt Miller -- Hlftr--n-TrMiners Gold v:d5 04 SATURDAY'S SALES Bingham Metals 1000 at 3c Chler Con 100 at 60c Combined Metals 500 at East Utah 300 at 24c: 2000 at Eureka Lillyr 600 at 35c Horn Silver 200 at 47c Mammoth 200 at 59c Moscow 1000 at 2 lie Naildriver 100 at S6c Park City Con 300 at 38c 3000 gt 36c Premier 1000 at 3c ?ark Utah 100 at 3262 Tlntlo Lead 150 at 18c Tlntlo Standard 28 at 3478 Vt Roll ''26' :o7" 1 - Transamerlca Tri Cont Corp Trioo P'od 38'A1 34 It V 3614 Tex ft Pac Ry Texas Corn Tex Gulf Sul Tex P L Tr Tide Wat As Timk Det Av i II 67 30 OVA 02 48 79 04 4314 SkUdebftKer 17 Curtlss-Wrlg- Hupi Hake Bid 46 185 21H Stewart Warn Stone ft Web 4! 71 do pfd Cudahy Pack Curtis Pub Howe Sound Hudson Motor 03 02 "M" ''is" "''is" 35 30 ? d O ft El Std Oil Cal Std Oil Ind Std Oil N 3 11 41 30 "i 19 ' 13 4 37 48! 1714 - 801 311 Sug m 6BV 17 13 3 I6V4 31 4'4 "A Cork old! Gt We"'Rus —H— Hercuifs Pow $ Crown :6f" Sperry Corp Splenel May St Std Brands 9 1 Pi 4 Gt No Ry Utah Poultry Utah Oil Refining Tankeg Mines WE WILL SELL 0314 03 014 Skelly Oil Socony Vac SO P R SU( Sou Cal Ed Sou Pas Sou Ry 5V 1 31 Grant W T Gt No Ir Ore ctf Lilt "M"' Eagle Fblnt t Croff 01 Simmons Slmms Pet 1H Graham-Paig- e Abraham Irrigation IM Arrowhead Pet Delta Canal Co Dcseret Irrigation (ror-ten- 02 03 do Did 3' Fairbanks pfd Fire T As R Flrrt Nnt Sirs Crude Rubber Wheel Foster NEW YORK March IS (API— Crude Tub- A wer futures closed steady 9ai8 higher fox Film Tex Freeport 1108 bid March May 1110 July 1134 bid September 1138 bid Oen Am Trans Smoked ribbed spot closed 1106 nominal Gen Bnk old Oen Cigar do pfd Ralph A Badger & Co 00 01 03 ' iosvi" 001 4W ——8 33' Colgate-Pal- Crown Business Factors - 03 35 03 Safeway StraSt Jos lead schenlev Dlst Bears Roeb aarvel V Shattuck F O Shell Union 38 Vt 33 41 4 cont on DelCorn Prod Cotf Cream of Wheat by Moody's) 38Vi 48" 1100 - - 4881 ( Wi 01- "iMVi do Did B do pfd Colo F I l0037n Colum Q i El :175n Coml Ored't do nfd B (19 5887 Coml Solv Comwlth A So 1128 Congo-Nair- n 09 034 con oas 113 Con Oil son Cont Bak B 0013 Cont Can 03 Cont Mot 09 1139 805 Bonsma-Minin- 70 1 2t f 32s Bohn Alum Borden Certain-tee- d 1133 - Chicago easier? 1 ":6i RCJil Ches tt Ohio Ches Corp NEW YORK March IS— Index et 15 Chi A N W 31 Ch Ot West eemmodlti prices (December ? tapis 931 equals 100 1826 average equals 3305) O M St P St F da nfd S1489 151 J week Saturday previous dsr so 1561 year o 1377 IMS high 1600 Chi Pneu T do old 1935 low 1499 1834 high 1683 1934 low C R I A P 1300 1933 high 1489 1933 low 787 Year Ago Sat Chrysler Staple Coca-Co- mix pouna Cocoa pound Hides pound Rubber pound Wheat bushel Corn - bu shel- 5 1 1 Ohio Oil Oliver Farm Otis Elev Otis Btl Pae O ft El Pao Ltc Pac T & T Packard Mot Param Pub ctf Pars utan Fathe Exch do A Patlno Mln Penney 4 O Penn 3R Pheloa llodaa Phlla Phillips Pea pine riour Pressed Stl Car Procter a u Pub Sve N J Pullman Pure Oil Loco Beldlng-He- IS 26T New York Wheat March WASHINGTON" opment of the tin smelting industry in the Vnited SUtes u proposed for legislation sub mitted for the approval of the departments of state war and navy by ver- Stocks irregular American Telephone eases Bonds firm secondary rails im" prove Curb steady metals in moderate demand Foreign exchanges quiet belga 'weakens further Cotton weak uncertainty over foreign Monetary situation Sugar higher trade and commission house support Coffee barely steady European selling 3-- 4 - Northern Pae Northwest T Cater Traot Celanese Cerro de Pasco 48 40 10 Pteltie Cass J I 135 ': 59 !'' 1 U Bald Can 13S x Project Urged Markets at a Glance d f 004 V t The much klcked-aroufirailroad Stocks suffered their heaviest losses tain City7 Copper" cents to 53 snd found loans at a last breathing spell S 23 to cents of the year in tradinj the past week Silver King Western - Irom the enervating influences that on the Salt Lake stock exchange Miiior losses were suffered by Binaham Metals Bristol Silver Cardiff J have worked havoc to values for a Weakness persisted until Saturday £ast Utan Empire Mines Keystone week or longer and whde the gains with one group after another yielding Moscow North lily Park Bingham were small and far from uniform the to selling pressure Thirty-siissues Park Konold Park Premier Rico Awgeneral trend of pricei indicated tn traded: during the period compared Eentine Union Associated and Zuma oversold condition in this firouD witn 31 the ween before Twenty- - Mammoth and Horn Silver were Tfte Associated Press averages of three lost 2round while six advanced conspicuous exceptions to the' gen- 29 rails advanced 1 ot a to 78 3 and seven closed the week in un- eral trend Mammoth advancing U in contrast to th action point ol tht car cents 59 cents Thirteen estab to and Horn Silver changed positions riers throughout th week when new lished new low prices for the year to 47- Plutus advanced S cents to 35 lows were established on lour differ and several others dropped back to Walker 1 cent to 61 Combined Met- ent days als a half cent to 4 2 and West Totheir former lew- weve Government obligations Silver King Coalition declined $) to ledo a half cent to substantial buying in) helped along 40 cents to Stock closing the week in un treasury issuesby the $829: Tintic Standard majority of which 475t Park Utah M7 14 cents to changed positions were Big Hill at 9 were from to higher $262 2 Park City Consolidated 13 cents East Tintic UortsoUdated at 20 at the close Liberties were lifeless cents to 36 Eureka Standard 15 cents Eureka Bullion at 15 'Leonora at 3 but there was a turnover in heavy to 45 Chief Consolidated 8 cents to Naildriver at 58 New Quincy at 1 4 Home Owners Loan which end60 Eureka Lilly 3 cents to 35 Moun and intic Lead at 13V" ed at 1008 Week Year Tear Week I A larger number of utility and In I Low Low f TJ8TEP STOCKS High Hlgh dustrial bonds of varying (Classifica3 03 01 8 I u Alta Tunnel tions were bid up modestly Am Exploration 10 lOOVi Am Met M Co 00 Th Associated Press averaees for 01 Beaver Gold 10 industrials sained 1 of a coint 09 10 09 08 Bit Hill :o' 08 08 93 83 03 03 7it3iniKairrTtRI' at sravtnat tor 10 utilities improved Black Metals "166' 3 01 a point at 88 a 08 08 06 06 Bristol Silver The loreign section was without 00 00 Bullion 00 00 12 10 10 10 13 Cardiff feature except lor a moderate decline 01 Cedar Talis 10 in German obligations following dis:oi01 01 Central Standard :6°5 80 60 60 65 58 Chief Con v patches stating that the government 03 014 01 Colorado Con 03 had decreed compulsory military 01 00 Co:b Rexall 02 0144 04 04 04 04 'Combined Metals training for the country !o1 10 00 03 N Y N H Ss H n x BnipDiag Noranda 17M V a T nuit No Am Aviat North Ant 19 14 s r can 133 Issues Decline During Week WithlS EstablishingNeTr Lows for Yeiir e Twenty-Thre- 07 I3V 95 14 NEW YORK March 1 WV-En- in U S couraged by a sUtdier-tongovernments the bond msrket 3is- eeble e d 4 Eest Steel Boeing Alrnl 412 HOI issues-close- Bendlx riwk-19- f89 tc-u- o i' Att Refin Atlas Pow Auburn Auto Aviat Cirp las til 412 Bonds C a ! lns jwJ Asked 4a ii341 luuo 330 Fixed Tf Five Fixed Trust Eh A do B Fund Investors Ino Fund'Tr Shrs A do B Mass Invest Tr Nation Wide Boo do vte Quarterly Ino Shrs Stand Am Tr Shrs Super ol Am Tr D Trustee Stand Inv D SOth Cent Fixed T F A V S Kite U do B t do vte tori ii ut truck-outp- t Stocks Bonds YdRK March 16 markets had a slight chill despite the advance of srjrinir and numerous! leading issues edged back a little fol lowing yesterday "r rise Washington news was about a Stocks standoff brokers said While a Jot or two of cheer was derived from the (Compiled by the Associated Treas) indications of a breaking up of the Indus Sails utiL Stacks "---- 1 1 I legislative jam contained in the sen Net change A aaa MJe 191 ate's defeat of the McCarran wage Saturday oar aam ph previous I iwj 331 of 31 amendment the president's signing 644 Month WO 384 56 S aao 3SS 336 466 a resolution appropriating S75Uooo lor Year 1933 high 568 37 f 366 416 S 49 31 1838 1 low Tele348 185 of an investigation American 1034 614 430 40 I- 814 phone and Telegraph was measured iol hlh IS I 33 1 341 149 W by a drop of 2 points in the shares 1833 low 178 If 238 87 Trade news was flimsy although 1939 high 1461 1539 1843 51 Cram's Reports provided a brigljt sgpt 1837 Tow car and with Its estimate of passenger at 97090 for the week against 86973 units for the weekendPress) (Complied by the Associated ' 10 10 10 30 ed March 9 Rails Indus mil Few The market setback did not amount Net -- i ehsnre to much in the aggregate The Asso- Saturday M 9J3 day ciated Press average of 60 stocks de- Previous 686 Month ago $6 144 861 849 ft1 clined only 02 of a point to 35 2 Year ago 1J s 18 '5 889 704 lusn Trading rocked along at a slightly mas 1035 783 '833 tow 648 W1 1 894 829 889 70 slower - hourly rate than the preceding 1934 high low 748 737 683 602 session- with only 300500 shares trail 1934 459 40 t 64 4 432 1933 low 1011 989 1039 1088 1933 high ed The decline came too late BONDS 19 the bulk of the list down but most 1097 lower Saturday of the more active 1096 Previous day °? f S Steel gave up Vi a Month ago At 28V4-ago Year 1103 point General Electric was down Vi 1935 high 1 107 low while Kennecott moved up 134 to 21 1083 1934 to 15 Slight weight was taken 1034 high 991 low 1041 high on by Consolidated Gas and Ana 1938 863 19J3 WW conda Small fractions were chipped from Dow-JonAverages Schenley N Y Central National Distillers General Motors and Chrysler (Furnished br I A Hogle ft Co members swea new xori Somewhat larger were the fractions Thirty Industrials 8779 siugi pH 42 taken from Bethlehem Steel- and Twenty rails 3788 oil 17 10 off utilities H69 Twentx American Can Forty bonds 9458 up 04 Preferred shares most of them in 34 the specialty group led the class with Loose Wll BIS 19 P gains whichran from 1 to 5 points Lorillard SS'A Louisv it Nash — Included among these were Armour M— R B Corn Products Cuban American Macy Mallison McEndicott Johnson Marsh Field Kresge Sugar Math Alkali Kesson & Robbins Remington-RanMcOall U S SmeltSafeway Stores The Fair MeCrery Btrs do B mg and West Penn Electric P NEW — MARCH 17 1935 Y Stocks Edge Back TRADING IN S STOCKS Bonds in Weak Rally Tin Smelting MRKEP BY HEAVY LOSSES Prices Drop N As Deflation Hits Market exports SUNDAY MORNING THE SALT LAKE TRIBUNE Copy on request— no obligation Ure Pett & Morris STOCKS CCJIMODITIES SVltfLake' City HEMBF R SALT LAKE STOCK BONDS EXCHANGE |