Show THE SALT LAKE TRIBUNE SUNDAY MORNING V APRIL 5 1938 U S Smelting Spring Business Outlook Beaver Mine Prospects of New Flight Of European Capital Wane Is Producing Considered Promising by Output of Gold Nation’s Trade Interests Five Carloads Shipped Breaks Record Financial interests - week ended Twelfth district member bank reserve balances increased $30300000 A large transfer of funds to the district in connection with During April Europe didaard countries are greatfy under the lot take the European crisis as seri- - influence 6t the French franc the latter’s stability also had a favorously as might have been expected able effect on the Swls franc and InstiAlexander Hamilton the taye the Dutch guilder by Another factor which contributed tute The city of London in particular was from the beginning rather to the stability of the European exLead Coknpany unconcerned over the possibllty of changes and prevented a flight of the imposition of sanctions against capital to this country la the quesThe Frisco Silver Lead company Germany or the adoption of other tion of confidence In the American is now producing regularly at its harsh measures Financial inter- dollar While It has been declared mine near Milford L F Block pres- ests are aware of the fact that the that the United States favors Interident of the company announces huge public debts of the leading national stabilization currency Since the pay shoot on the European countries militate against some European bankers still fear level was entered a few months ago war and hence feel more confident that the United States may ultithe company has shipped five car- that British statesmen will find a mately further devalue the dollar & and embark on loads of ore and two more carloads solution to the present crisie currency Inflation are at the loading station for shipWhat la perhaps of much greater The fact that the United States is on the fourth and Importance ment Settlement is the position of still confronted with a huge budget fifth carloads was received a few France As is well known the deficit for the fiscal year 1936-3- 7 crux of the French financial diffi- is not reassuring to European fidays ago The ore Is mixed sulphide and car- culties is the strained budgetary nancial observers bonate Lot No 4 consisting of 45 position of the government The Finally the flight or capital from Ions carried $1 in gold 17 ounces recent loan of 40(k)0000 pounds Europe has already passed its peak of silver 21 per cent lead and 155 made by a group of British banks The “nervous money” has per cent zinc and the fifth lot of to tha French government has had already been transferred to the 50 tone ran $1 gold 14 ounces silver a salutary effect on French public United States for investment In 221 per cent lead and 134 per cent opinion It greatly strengthened American securities or to England zinc the credit of the French govern- for conversion into gold held in The ore shoot occurs in a fissure ment in the eyes of the public be- the vaults of the British banks In making east and west in a shear cause it afforded assurance that other words capital which is easily zone 'between the Grampian lime- the government would be in a posi- frightened has already been withstone and an intrusion of monzonite tion to maintain the stability of the drawn Thus It appears that if It was encountered in following a franc without drawing further on the European situation should be e south at a depth from the gold holdings of the Bank of settled In an amicable manner and Frisco Flood Area Reconstruction Expected to Provide Sharp Stimulus Bonus Spending Also Predicted to Boost Activity in' Banking Reserves Silver the 1 corporate refunding activities together with other commercial and financial transactions resulted In a net inflow of $18000000 into the district during the week These transfers tended to increase supply of local banking funds aa did United States treasury disbursments which exceeded Production of 356966 Ounces Compensates for Silver Drop c is Triumph Mine Set to Begin Producing Ore - 5 -- Repairs Completed and Workings Drained to 500 Level whose average Income Is greater By CHARLES F SPEARE BOSTON April 4— The recently HAILEY Idaho— Production of Copyright 1930 North American than at any time eince 1932 local collections by $9500000 Issued annual report of United lead and silver ore from the Hailty-TriumIn the and cash January Alliance February Inc Newspaper Member bank reserves were States Smelting Refining end Minof farmers was 5 par cent mine a few miles up East NEW YORK April 4— The Amer- income further augmented by a reing company makes good reading above last year without benefit northeast of Hailey ia Fork nonin of ican business world enter the sec- payments In the same duction canyon $2300000 for shareholders If there is of ond quarter of the year with reason- 1935 nearly 12 per cent ofperiod member deposits These addischeduled to begin within a few it is probably in the cash inable expectation of enjoying a sat- come was derived from the AAA tions to reserve funds were decline in production of silver from days The announcement was made offset only in part by an in19215-00- 0 20152000 ounces in 1934 to isfactory spring trade in flood the districts retail Except here by Neal Snyder the company's crease of $3900000 in demand The momentum of the Jfirst quar- trade is now ounces in 1935 in round figures It will problocal representative ter has been sufficient to offset the ably reach itsbooming for currency He has been 5 per cent But the increase in procrest in the early part effects of floods new tax proposals of the summer here a number of weeks and other duction of gold to 356966 ounces that will weigh most heavily on This picture of recovery and of officials came up some time ago to from 321385 in the previous year more than compensates for the sillook over the property and get accorporations an unbalanced budget limited proeperity seems to avoid 5 and unsettling European credit and the plight of the 11000000 unemver decrease Gold output was largtion started est in history of company political conditions It was reflected ployed and as many mors who have A tramway which was built in in rising iron and steel production At the average price received for 1928 and was ready to operate when enough Income to keep off the an expansion in automobile output just these metals last year gross prothe mine was closed because of low bread line This is ths great unsolv-abl- e and in car loadings in bank clearceeds from each was practically in The human factors metal prices has suffared damage problem wholesale distribuings retail and balance at not far from $12500000 in it are ths unknown quantity in the last few years requiring much tion of merchandise and in contracts next November's election It is This was with silver at 6427 cents work It extends over a for new building an ounce With world silver at its RENO Nev—Two shipments o ( repair that there is no inflation In high range from the Triumph min 12 concenof tons each 441 of cost market Dividend Boost that the foodstuffs cents of Is the surface of about 300 feet In France the sight to the branch railroad between Haithe left parties in France should present revenues— with trate estimated to have a value gold The returns of Corporations and falling and that further declines in one place the ore has been followed This factor ia responsible in a not gain control over the French company’s ley and Ketchum — Institutions were sufficiently larger this group are probable in view of upward for 20 feet To the east the large measure for the relative sta- parliament there is little prospect Alaska in production must be of over $250 per ton were sent by Crewr employed lately have in the March quarter of 1936 to per- the large acreage planted to wheat vein is split by a dike of porphyry bility of the French franc during of a new flight of capital from quite a bit greater than the income truck during the week from' the drained water from the mine to the mit of dividends 20 per cent in ex- to be harvested between May and but the fissure Is said to retain Its the recent crisis Since the cur- Europe to disturb the foreign ex- from ellver although the company level uncovering1 ail pre& Charley mine of the RochBuck to be the continues cess of those of the same period last September largest primary values in both forks rencies of the other two gold stand- change markets vious workings Besides 10 leasers ' white of in the Mines metal ester to the to producer a Volume 'Plymouth Stock company In drifting south through the year According compilation a crew of 18 men has been employed world and continues to receive 77 a smelter In Utah It was made by the National City bank and The proportions of the stock mar- shear zoftft Mr Block states two reported in general repair and construction cents a for substantial of output fissures were enpublished in its April circular ket recently have been small com- other east-weby Charles Mayer manager work about the mine and the builddomestic silver profits in 1935 of 2010 companies pared with those in the first half of countered 10 and 20 feet back but Mayer and hla assistants describe ings Most of the latter were erectAlaska gold developments appear were 42 per cent larger than in March The diminishing volumes were not prospected The explorato be expanding and improving as a veritable bonanza the or body ed just before the Triumph was 1934 They represented a yield on however have not much affected the tion of these two parallel veins will S steadily New gravel areas are be- opened a short time ago in develop- closed Men and horses have also capital of 51 per cent against 35 general price level or seriously in- be undertaken and the shaft will be ing acquired and developed so that ing new ground between the main been busy repairing the ateep grade to level the per cent in 1934 a trend that has been up deepened leading up the mountainside and the it would seem reasonable to hope inside shaft and ths old glory-hol- e It is estimated the losses by flood terrupted The is Lead Frisco Silver the first ward for over a year Emphasis in revenues from this workings The ore is said to be road down the canyon to the East in New England and in Pennsyl- speculative circles this week has mine in the San Francisco district J R Walker president of the A spectacular increase in volume for Increasing 20 feet wide with on average Fork highway above the North Star vania and the Ohio river valley dis- been on the Industrial' shares al- to go on a regular production sched Tintic department more than aufficient to over Ohpir Mines company own- of trading on the Salt Lake Stock compensate for any recession in value of $15 per ton and with sec- mine tricts approximated $500000000 It though they are as a class far in ule since the world was electrified tions of exceedingly rich ore Company officials report considwill take these sections of the coun advance of all others It is worth by the development of the Horn er of approximately 400 acres of exchange is revealed in a report re- Mexico In addition to this ore body regu- erable machinery has been ordered Earnings for the 528765 common try many months to absorb the noting howevqf that the rates Silver and its output of more than mining property on Lion Hill at leased Saturday by J A Barclay flota- and is expected to reach here any shares at $1031 a share in 1935 were lar production for the n costs Meanwhile they will be charged by bankers on industrial $26000000 In the King David prop- Ophir announced Saturday that president of the exchange for Immediate Installation In the company's tion mill ia made from workings day far the by largest spending for reconstruction and r loans now being offered are well in erty between the Horn Silver and Tintic levels Leasers of the mine give a conservaOhpir Mines company has The volume for March was 1005-80- 3 history in the face of increase of on the 100 200 and placement on an extraordinary scale excess of those to borrowers in the the Frisco Silver Lead extensive tive estimate of 80000 tons-o- f shipshares valued at $53909074 $300000 In charges to reserves for of the inside shaft thus giving employment and creat- public utility and railroad field in exploration work is being carried acquired all of the properties of the On the level a width of ping or blocked out A fine vein ing broader' markets for many in- spite of the fact' that the last two on at great depth in the shear zone Ophir Metals company adjoining compared with 458723 shares valued depreciation depletion and amorseven feet of ore has been opened of rich ore equal to any previously dustries are subject to strict and increasing the Tintic Ophir holdings on Lion at $7801960 in March 1935 The tization the total appropriation to no less than $2790-59- 4 on the footwall side of the wide located here has been exposed an Already the pickup in iron and regulation from federal and state amounting volume Hill zone of enrichment parallel with may extend and spread out indeffor the first quarter was These earnings of $1031 steel has been remarkable Steel authorities and that their rates are C M Acquisition of this property with 2787642 shares valued at $1602-4546- 0 share compare with $835 in 1934 the original fissure which is break- initely they assert production this week is at 62 per declining from year to year out indebtedness to Tintic Ophir 1667 in 1933 and 62 cents in 1932 ing a width of four feet of excellent cent of capacity the highest since There are Company officers have tentative compared with 1082056 incidentally enough possibilities for Mines company increases the acretwo mill ore for a mill near the railroad June 1930 This is due in most part trouble for the plans earnings to the situation shares valued at $21327551 in the months of iq foreign age of the "property owned by It to n to the activity in the automotive In- compel attention mill would be necand February saying a January on the part of the more than 1000 acres In addition first quarter of 1935 The Increase essary to handle the output of the from Alaska) this year (nothing dustry whose April output is American speculator and investor by such purchase Tintic Ophir in dollar volume was 650 per cent were equal to 74 cents a common Triumph mine The estimated cost 'placed at 500000 cars Railroads The German attitude toward the “This gain In volume” Mr Bar- share and were the best for this Copper Consumption acquires an assignment of Ophir is $200000 and construction interests are ex- demand of the Locarno powers More than 280000 tons Stockholders of Zion's Coopera- Metals company’s leases and bonds clay said “testifies not inonly to of good available mill rock have' tending their orders for materials While conciliatory is not satisfac- tive Mercantile period edmparing with 45 cents in Institution held the Buffalo Increasing Steadily been surveyed for probable mining upon following groups: creasing Interest in mining stocks 1935 62 cents in 1934 (eliminating Electric power production for the tory to France The' Rhineland in- their annual meeting Saturday noon Consolidated Mining company’ but also to Increasing confidence $291117 week of March 28 ran 9 per cent cident and the it is seported and 1 cent gain) quotatlonal of the Ver- in the company’s assembly room violatiqn holdings of eight unpatented claims in the exchange engendered by In 1933 over this week in 1935 in spite of sailles are still fresh in the and reelected all members of the old the treaty to the New Tfork com1 Lion Hill claim patented and recognition of the fact that it Is a According the effect of high water in the New minds of the French people These board of Net current assets compare as foldirectors with a single ex- the Rex group of four An- lows: unpatented registered national exchange modlty exchange the use of copper England and Middle Atlantic indus- broken pledges and their implica- ception claims other factor is the new system of 1935 trial centers in nations outside America has $18028878 tions are the cause of the new crisis The list follows: Heber J Grant The now controlled by continuous trading until 1 p m 1934 17429522 Bonus Spending over the franc This will probably H M Dinwoodey John F Bennett Tintic acreage is shown a decided upward tendency which 1200 facilitates of the execution of 1933 Ophir upwards 16675148 In the current quarter of the year diminish in force until after the Edgar S Hills Stephen recent years acres orders” during 1932 12566525 the effect of bonus money spending April and May elections when the William H McIntyre Orval W The Tintic Ophir holdings have After at TOP Market Price: reaching a peak production Cash have resources built been to up is make will be first visible Without doubt left party Adams Henry H Blood Sylvester been expected continuously developed since to the point where on December 31 of over two million tons in 1929 a a part of the advance orders for heavy gains and may control Q Cannon Richard W Madsen J last September Share by a force of be Earnings last the company had $8839376 review released by the exchange automobiles is derived from this French politics Devaluation of the Reuben Clark Jr Herbert A Snow tween 17 and 21 men and Mr 394809 of :“govern’mits”'tates world output dropped to besource also a certain amount of franc is not unlikely and A H Woolley Mr Snow re- - Walker said Fidelity Bldg & Loan new 4Tap)— corporation and $206222 of other marketable se low 1000000 tons In 1932 but rose YORKprpi-if te Problems buying of building materials for new places riV'e Foreign rom the work done and being per ehure profit) included retiring to tons 1532200 1935 during curlties c on s tructipn or i or repairs -- After Deseret Building Society Year ended December 31 TEe” advance made this week by because of ill health done in the of the directors " During 1929 deliveries for conTune 15’there will be a sum now es- the Italian The company's statement reveals warranted opinion 1935 1934 addiinto African terrl of this army a Acme also reached Steel Co acquisition sumption 2537 $311 high point timated at $1000000000 to be turned Wasatch Corp Produce Market Addraaaograph-Multgrpwithin the British sphere of in- current assets totaling $390496985 tional property 62 Crp 11 1 ThiA" de totaling 2076844 tons Amer Mchn a Fndry Co 3 in into the markets for consumers1 tory 121 fluence adds complications to i including $57687176 cash on hand mahd declined to a low of just over 575 612 Columibia Sav & Loan goods chiefly although favorably situation that has been over- and in banks Fixed assets bring 369X 199x one million tons in 1932 and reached Report Treasury 266 influencing also the market for cap- shadowed by the Rhineland occupa- the total assets to $61077043 Cur245 Pint WASHINGTON tons 1600300 4 (API— The last April year 654 310 Second 34 ital goods and supplementing the tion There is new tension between rent liabilities total $40945724 and grade lb of the treaeury April 2: Receipt! Pet A Trnsp 10 nil Sweet cream 36 butter )b 26323 Plymouth Oil Co expenditure! 70 64 present purchasing power of farm- Russia 'and Japan While the credit the surplus is given as $276046319 $1487551845: Vfco (Parchment wrapped leu) 71903 balanre 83387 nit 82870232 Sperry Corp 85 96 ers those in the trades in the pro- of RALPH A BADGER Arizona Aline Shipping EGGS Cuetoma the 6il month Standard of Indiana 22856 receipt! (or 198 125 Large white henneriec dor Germany France and Italy 23 Axle Co fessions and in clerical positions 24 Medium white henneries doi 102 21 The Gold Samoa Mines Stock List 81422 falling constantly as reflected in for the flecel veer I Since Virginian Railway Recelpte Corpora Chicago 788 586 CHEESE July 1) 2311782432255: expenditure) Young Spring A Wire Corp tion of Chloride Ariz has made a 444 & CO 208 Full cream triplets declining government bonds and in 15 lb $2455101-3964Year ended January 31 Including CHICAGO April 4 (AP)— Following Is 2537638248642 16 lb cream Full carload shipment of ore to the U S of longhorns gold reserves that of Great Britain exceet emergency expenditure) Hat of tranffiactiom in stocks on the me 1935 sandwich Full lb cream loaf 16V$ of expenditure! Groee May Dept Stores Co 225855816387 remains as high as ever Prelim- Chicago stork exchange Baturday Smelting Refining & Mining com$268 Jack cheese 5 pounds each lb 3$ debt 31480 238 898 13 a decreaae of 18 W 2nd So Nine month! ended March $261 Ws J330 31 Wheel Swiss cheese domestic lb 23 pany at Midvale Utah and ex $89969350 tinder the prevloue dey Gold Lehman Corp inary estimate of the results of the iSalesl High Low Close aeeete 1120 430 28 Block bricks lb Swiss $1018533122512 y — On average shares) to British financial year just ended Allied Prod maintain pects regular ship bricks lb 25 Limburger ments bricks lb 23 Cream brick show that surplus was much in ex- Bastian Bless Bendix Aviation 65 Roauefort 5 pounds etch lb cess of expectations It has been Borg Full cream daisies Wisconsin cured Wafner 22 attained by heavy income taxes and Cities Service pound Cord Corp Full cream longhorns Wisconsin The former revenues from tariffs Crane Co 23 cured lb inDfd do amounted to over $1100000000 Full cream triplets western cured Flee Household 20 i j pound NORTH SAfT IAKK April 4 (UBDA1 — lambs uneven mostly eteadv cluding $440000000 from estate du Marshall Field sheep around Full cream western longhorns Gettle end calyaa — The run of cattle this 25o lower liberal oflambs ties the largest amount ever col Swift AInt Co supply spring lb 20U cured week was mostly of low grade quality aver fered Week’ Swift lop spring lambs $1100: lected from that source aging around medium rank and below The Arlrona and California Zenith Radio Butter-Rec-eipt mostly $1050® NEW 4 YORK April (AP)— steers was of of medium 1075 with late top $1055 supply mostly othere tc Our own tax program moves halt6199: firmer Creemeiy hlpher Stock sales Saturday 50000 shares quelltv and changed hands about steady 5f ® 1 O i5 shorn lambs extra 92 ecorei extra 'Illi with last week at $550 4? 625 common ingly toward a conclusion It is op 800 815 best elaughter ewes offered then 3114c: were scores) 31(431Mic medium and heifers first) valued at 2400 Excepposed by many interests centralised 90 ecorei 31 (4c 6 00 Common to good slaughter cows $500 Ore PKANCI8CO Cheese— Receipts 170792 steady prices April 4 AP made a range of 2400 500 and lower tions to its provisions for taking the Shipments ) — Hogs— Recelpte for five day unchanged The beat D? gradee brought $250 350 undistributed surplus of corporaabout steady with last Friday butehere whose annual reports vealeee offered went it 700 W 800 and Eggs — Recelpte 35928: BINGHAM 25c higher packing sows steady to Mixed colore: Dirties No 1 42 pound tions are becoming more frequent United' States Smelting Refining and lower grade kinds made $500 650 Re- mostly trong week’ top and bulk 160 to 230 17c other mixed colors unchanged Whites 728 " for week ae numbered head the tons celpte 8810 company American Mining taxes in More may be given up than indicated substantial atendards pound California 25284c $1125 few medium Pacific coast and Refining company 1080 Utah compared with last week’s run of 1369 $1115: most 240 to 270 pound browns western standards 20(4 21 (4c will be realized under the new meas Smelting Delaware L50 Utah Apex 400: Utah Hogs — The price of hogs for this week grade bulk packing sows 2850 other whit and brown prlcea unchanged Averages $1075 was to aa 10c Metal and E Tunnel (A steady higher compared Kipps lessee) Cattle — Receipt! for five dava 1400 duck eggs extra large nearby 37 42c: ure The last quarter of the fiscal 350 Combined Metals 300 improvement in with last week’s does The beet local Metlast Friday fed ateera fully average else nearby 34 35c fair to good made a late range of $1075® compared with25c Utah Copper companyBingham year is being entered with little in als 50 dally aver- butcherswith 23® 32c eteady spots higher on medium grades (all eectlona) — n mixed medium and 1085 of financial position — 140 cars weights age light late halfenf strong week dication of what the final result of to 15c By freight: BroilLive poultry cows and at $1025 1065 Underweight 25c up cutter up higher moet 27c other freight price unquoted bulla er heavies rated around 2100 The bulk of eteady to the 12 months’ operations will be TINTIC All prlree unchanged medium to good 900 to 1100 By express: bulk steady at moved 2800 sowi 825 Standard and Eureka Standard packing — AH fresh and as between income and outgo Very 28 Tintic Dressed poultry — Firm Total recelpte of sheep and lambs fed ateera $750760 few 2775 good Sheep carloads Mammoth 13 U 8 Mines for tha week numbered 3899 head as quoted up to $825 few loada medium frosen prlcea unchanged little progress in reducing govern- 12 Eureka Lilly 7 Plutus 4 North New York lilted Lily 8700 load 725 medium 7det to The run last of 4040 waek’s 3 Apex Standard 3 Gemini 2 Yankee against ment expenses can be observed in a Consolidated Nevada fed eteere $750 good CHICAGO April 4 ( AP ) — Poultnt — Dive four 2 Utah Fire Clay company week’s arrivals consisted almost sntlrsly load medium to tocki Statistical diU given unsettled hena 5 pounds fed helfere "g’g’Ys® 1 car 12 truck tallica) 2 Chief Consolidated 1 Chief or California spring lambs and thesa were 685 load grass good study of current treasury figures Conaolldated helfere less 21c more then 5 pounds 22c meand bulk $640 the season They dium beef cows 2 Godiva 1 Moun- - the first springers of on each iuue hena 18c eprlnge 2527o Whtle It is amazing that in this situation tain View l (lime) 575 to medium $500 all leghorn or 28 numbered head decks 3896 and Consolidated 1 Dragon bull! 5 00 600 27c Rock fryers Plymouth and colored wera on through billing About two loads good the list of government obligations Calves — Receipt 25c While for five days 170 25c Plymouth Rock broiler were consigned to Nebraska feeder) and 20 barebacka Pamphlet alio contain! report Park city1408 tone with last Friday fully ttaady Rock 26c: colored 25c direct pnd guaranteed remains so Perk Utah Consolidated went to mldwestem pack- compared other shipments turto roosters bulk 22c choice Park good 16(4c vetlers ®22c leghorn 1000 $900 ers local Odd memand markets head plain of brief atudy of 38 itocki in 23c few good strong Practically all of the ducka City Coneolldated 1350: Silver King Coali- Iambi made 26c: calves heavy young 20® email 2900 keys PAT orr REG U 2800 (concentrate)) 917 Park City Deemail old t0 goo 17(4c geese bers of it have within the past tion 19(4c weights heavy OGDEN Cattle $7 00m““Um- electrical office 200 April 4 agricultural 17c capons 7 bounds and up 28c less week sold at the highest prices on velopment company — and calves — Trading In cattle this week 27c 7 for five day Sheep Recelpte 5400 than pounds and railroad equipment indui-triextra started at a moderate pace and midweek compared easy with last record Eggs — Receipts 40576eprlng lambs action was slowed down a little by itorm eteady to strong ewesFriday Wool Market around 50e lower flrets: cere and local 18 (4 c fresh gradPolitical Sentiment in addition to other helpweather The week's receipts totaled cara two decks medium to good 18(kc: curCali- ed fireta local 178c: as against 1750 a week ego Prices fornia eprlng lambs packed extras 925 eorted 10 per rent receipts 17c storage Attention has been given in Wall ful information BOSTON April 4 ( 19 first flalea of looked about steady at last week a advance cent 8825: deck (4c 19 packed He atorage weights $900 were very light in Boston during the A few cars of good Utah and Idaho fed Potato — Recelpte 79 on track 332: Street this week to the shift in po- wool trslght end deck averages A few buyers were teere also a few trucked-lweek lota changed 2900 stock past 520: 8 good U the sorted cent )u 25 total shipments two per decka $800 litical sentiment which now leans market looking at offerings but the small hands at 2700 About three lotde of common to good Comflimentary cofies fed wooled firm demand good ordinary atock dull: Roose- purchaser were at prices below recent Utaha and Idaho made $665685 and jambs $8 25 pert deck President demand alow: auppllea moderatt sacked to of the rejection shorn U 8 few cars of plain and mtdlum kinds nominal quotations available ufort request Idaho rueeet Burbanks w D1“um slsughter ewee per cwt Quarter blood strictly 7'80’ velt It is conceded that within the combing Ohio wools were sold at 200: U B No 2 centa went at $585 625 A car of medium tnd 2400’ No 1 2187(4 Caterpillar Tractor Co pionaera 8 No 1 2190® U Utah helfera brought 2625 McClures Other grades good Colorado cllpe next three months this may swing of1 the greast for old WHEN Diesel DOR ANGELES — 240 Nebraska Bliss triumphs U 8 No April 4 with the hulk of local helfere going at $550 combing Ohio wools were tractor in 1931 early reports week for 625 Hoge— to Recelpte ateera than 33 to 35 centa in tha greaea forquoted heifers lese end eteady Common A HOGLE & CO in the other direction After the atat strictly 600 1 flna ranged and partly - graded 2180 bUlk' 1’40lLl8 35 to 38 centa for half blood and at downward from around $525 Tha extrema sacks Bliss triTexas early carloti ei'fVi) nominated its on has seamed too good to be true But Republican party savings 0 41 cent or U B No 1 mostly 8225 a sack Miuiiii New You Stock Zichanoi blood range on good cows was set at 1460 ® top 0 WMlt 5600 strong umphs Its plat- i° candidate and Quotations weakened on the few remanllng 525 including 29 head from a local feed to 25c presented ' has time economies ara real and the fed steers 1915 proved EitMiihti higher 8700 800 of old wool! a a result of the lower lot at $500 Common to medium cowi CHICAGO April 4 H— Blitter wee firm form “to the country voters may lots eteere 8700 Maxlram $600 prices at which small quantities of early rated at $375 0450 and lower gradel pastured hi tone today: fresh 93 score 30(4 (4: consistent 685 helfera cow top 8775 2525 Bulls went mostly et at $275 350 132 So Main Wasatch 77 again change their minds Prtsl shorn wools wee offered 92 30: 91 29H: 0 29H 89 29(4 Good and cHotcs veslers 590 few fo 2615 cutter gradee 83251 $400 500 dential election years leave less of Centralised carlote 90 30 $750 950 and lowtr grades from 483 brought week for 950: steady an Imprint on business and markets September and October and On the $400 700 Rclpt Today "Caterpillar" Djesals are tha leaders DOR ANGELES April 4 (UP)— Butter top v‘lr omen — calves 1150: wee week hoe market The this 'Hogs be expected In this re amount of catch-u- p in than United States and 71 other countries common the 900 down to $700 in might and the eggs: 2550 aa consump- steady to 108 higher compared with the Lot AN01LII SanaLT Hit LI for week 1850 up lr: prime’ Sheep— Receipt Butter— Extra 32(4 Good and choice local ago spect 1936 is not likely to be much tion of good! prior to those crucial close a week San Diaoo BAaiairitLS 31 (4c up 50c lower) medium to spring More around Diesels are at work today " lmhs 31 (4c up lc: standards flrets et went "Caterpillar" butehere good 1085 mostly $1065 different from the average A great preelection months 31c up 2c Doom Salt Lais l(4c undergrade and mixed drive-in- s ranged downward to 1875 950 sorted — than all other makes of Diesel tractors put toEggs Large unchanged medium 19 (4c deal will depend on the technical The most popular view is that the’ HL0O Packing sows bulked at $800 OMAHA April 4 Hogi lc email 18e up lc dull 350 Receipts condition of the stock list say In United States is moving toward under 240 pound upWestern cheese — Dsleiee 15c triplets gether A totel of approximately 1000 Diesel Sheep — Receipts In the sheep division weights practically off market nominally 15c longhorns 15(4c sandwich prints 10283 head to compare with last two or three-yeterm of business totaled ov 240 to weak e poundi mostly week’s light run of 841 18(4 The first Califorengines have been produced af the "Caterrecovery and that this will be In- nia sprtngere of the season wsra Included o 2 cents lower then Friday few 240 gO pounde $1080 01025 packer top In week’e the total and numbered 60 pillar" factory terrupted for only a brief period dur- deck) or 9012 head Onethey 280 to '300 pounde $975® double deck load 21025 fewsows Coffee Market few 10 cents lower at $915 ing jhe heat of the campaign California springers was bought of The reasons for this tremendous packer her for the early Easter $928 There is the Incalculable factor of by a for Cattle — Recelpte 'NEW YORK April 4 (AP)— Coffee was 100: compared with 21040 A few lots of trucked-llaet week Mr Roosevelt’s business and finan- trade old crop lambs moved during the week at Friday weighty steers and steadier today on weekend covering prosuccess are many and conclusive some plain kinds at mdlum welghta steady to Weak: yearlings moted by steadier Brasilian market cial policies and social philosophy 825 4f 885 with — ask us about them On last week’s eloaa one and light eteere strong to 25 cent higher Bantoa opened 4 higher and closed 800 8760 in the event of his reelection Will double of Bales 2500 shorn old crop Utah eh stock strong to 25 oents higher bulls to 5 higher No 7 opened 15 to 25 cants higher veelera 50 cent 3 to 5 higher and closed 3 to 4 higher $735 his present trend toward a more brought Above quotation) on rati shipment! re- higher' etockera end feeders weak to 25 Bales 2250 Bentos quotations conservative attitude on questions flect variable freight benefits on cattle cents higher bulk for week fed steers May 831 JulyCloelng 837 Sept 843 Dec 900 several loads 848 March 855 which affect business continue and bought fox reehlpment No 7 May 475 2925 085 choice 1292 pounds 11000 July 488 8ept 498 Dec 504 KANSAS CITY April 4 March expand with the political expedients Hogs 1650 0 775 load lota 2800 509 — Receipts 300 around Heady desir- heifers of an election year behind him or able 170 to 270 pounds 21025 1040 ""ll lots IS 25 8 50 bulk beef cows Bantoa coffee Spot 4i 08: quiet 84 $1040 no etrlctly choice kinds of- $4750575 odd head 8600 675 cut- Rio 7a 6(4 84 will he move further to the left be- top fered compared with a week ago mostly ter grades 1375 0475: bull! $5000 at few 8585 practical top vcalars lieving this to have been the man- 5c to 10c— lower odd head stockeri and feedReceipts 500 calves 200 for $800 date of the majority supporting him? theCattle ers 86500775 $850 few load) 2800 week good to choice fed steers uneven 833 TRACTOR & EQUIPMENT CO These are questions that occupy steady to 25c lower lower grades fully Sheep— Recelpte 400 compared Friday just press fed helfere steady to weak cowe last week Iambi etrong yearling! wethImlUJu much thought today among those steady er ewee “ Distributor ” and to the etrong to 10 cente higher: strong: vealere 50c lower itock-ereteady who have expressed distrust of the and feeders steady to 25c lower Week's feeders and ehearlng lamb etrong Closing Naw About INFLATION Facts Choice Choice bulk: and grade California new deal motives and methods They tops: ateces best light weights $9 23 lambs Rft pounde $1060 medium toeprlng $9 40 Pent atorka to buy— No obligation Regood Haadquartari — 245 Wast South Tampla Salt lake City remain unanswerable heifers $825: Stockers $860 grade 8975 fed wooled Iambi 8973 Obviously yearling Western Iuei furnished oti port slock sleer vealers $950 1010 closing lop $1015: week’s top ttlvcs $875 will be to a f extent certain eost without they Branches— Amarican Falls Downey Malad Tramonlen bulk fed steers $725® 865: fed helfere $1025 good and choice ewea $475 6 8 00 slockeri and feeders mostly ftHAREA INC 7?and choice feeding lambs handicap to complete recovery he $700 CS $6 25 825 Denver $8 Colorado Colo Bldg eligible 60960 lamba tween now and next November shearing eligi500 for the week ble up to Sheep — Receipts 250-fo- ot ts uck & Charley Mill Is Shipping cross-fissur- gold-silv- 500-fo- ot Walker Discloses st Big Gain Scored Ophir Mine Deal By 450-fo- ot L Exchange 70-to- 300-fo- ot 200-fo- ot Z I Elects Old Directorate 200-to- WILL BUY -- Ashby-£now:wh- o Vfc Pan-Am- Tlmken-Detro- 25-l- b b b Livestock Market Quotations 50 : Corporations 90-9- nJSK"" Read the story of CATTECiPDOsIL d d - ea DIESEL MAGIC n 81-4- 40-4- 1 d J a : 1 ar 10-1- 5 10-2- n 81-8- LANDES rirrr e 1214-poun- 1300-ooun- 5- $985 t ot |